Qisda Corporation · TWSE:2352
Qisda — Q2 2007 Earnings Presentation
11 slides from Qisda's earnings presentation, Aug 23, 2007
Slide 1: Q2 2007 Investor Briefing
Qisda Corporation (Formerly BenQ Corporation) Q2 2007 Investor Briefing August 23, 2007 Meeting Overview Q2 Financial Highlights Q2 Business Update Q3 Guidance Qisda Confidential 2007 1
Slide 2: Safe Harbor Notice
Safe Harbor Notice We have made forward-looking statements in the presentation. Our forward-looking statements contain information regarding, among other things, our financial conditions, future expansion plans and business strategies. We have based these forward-looking statements on our current ex
Slide 3: Q2 2007 Income Statement and Key Financial Ratios
Q2 2007 Income Statement – QoQ Analysis Amount : NT$ Billion Except EPS Data QoQ Q1 2007 Q2 2007 Change% Net Sales 29.45 100.0% 32.37 100.0% 10% Cost of Goods Sold (26.76) (90.9% ) (30.49) (94.2% ) 14% Gross Profit 2.69 9.1% 1.88 5.8% -30% Operating Expenses (3.77) (12.8% ) (3.79) (11.7% ) 1% Operat
Slide 4: Q2 2007 Balance Sheet Highlights; Q2 Sales Breakdown by Business
Q2 2007 Balance Sheet Highlights Amount: NT $ Billion QoQ Q1 2007 Q2 2007 Change Cash & Equivalent 11.30 11.6% 9.04 9.2% -2.25 Accounts Receivable 14.63 15.0% 16.84 17.2% 2.21 Inventories 14.58 15.0% 19.24 19.6% 4.66 L-T Investments 33.79 34.7% 31.22 31.8% -2.56 Total Assets 97.39 100.0% 98.03 100.0
Slide 5: Q2 Business Update
Business Update Q2 Business Update ODM Business ( Qisda Core Business ) LCD Monitor had mild growth. Multi-function Printer performed very well due to new project phased in. Sold the DSC division to Abico. Branded Business (New BenQ) Overall revenue was decreased because of low season. LCD
Slide 6: Q3 Guidance
Q3 Guidance Q3 Guidance Branded business and ODM business will be spun-off effective on September 1st. Q3 revenue is expected to grow because of high season. Qisda Confidential 2007 6
Slide 7: Unaudited Core Business Consolidated Balance Sheet
Qisda Corporation. Unaudited Core Business Consolidated Balance Sheet JUN. 30, 2007 UNIT : NT$K Assets Liabilities & stockholders' equity Current assets : Liabilities Cash & cash equivalent 9,014,401 9.2% Short term borrowings 11,796,873 12.0% Assigned financial asset measured at fair value－current
Slide 8: Nonconsolidated Balance Sheets
Qisda Corporation Nonconsolidated Balance Sheets June 30, 2006 and 2007 (Expressed in thousands of New Taiwan dollars and US dollars) 2006. 6. 30 2007. 6. 30 2006. 6. 30 2007. 6. 30 Assets NT$ NT$ US$ Liabilities and Stockholders’ Equity NT$ NT$ US$ Current assets: Current liabilities: Cash and cash
Slide 9: Nonconsolidated Statements of Operations
Qisda Corporation Nonconsolidated Statements of Operations For the six-month periods ended June 30, 2006 and 2007 (Expressed in thousands of New Taiwan dollars and US dollars, except earnings per share) 2006 2007 NT$ NT$ US$ Revenues 70,113,607 56,875,672 1,732,430 Less: sales returns and allowances
Slide 10: Nonconsolidated Statements of Cash Flows
Qisda Corporation Nonconsolidated Statements of Cash Flows For the six-month periods ended June 30, 2006 and 2007 (Expressed in thousands of New Taiwan dollars and US dollars) 2006 2007 NT$ NT$ US$ Cash flows from operating activities: Net loss (7,508,591) (1,185,433) (36,108) Adjustments to reconci
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