GCS Holdings, Inc. · TPEX:4991
GCS — Q2 2021 Earnings Presentation
19 slides from GCS's earnings presentation, Aug 6, 2021
Slide 1: Q2 2021 Quarterly Online Investor Conference
環宇 芯系天下 March 3, 2016 Q2 2021 Quarterly Online Investor Conference (線上法說會) Aug 06, 2021
Slide 2: Disclaimer Statement
Disclaimer Statement This presentation includes forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that GCS Holdings, Inc. expects or anticipates will or may occur in the future (including but not limited to projecti
Slide 3: Agenda
Agenda Opening: Brian Ann, CEO & President Financial Section: Grace Li, Senior Director & Special Assistant to CEO Market Overview: Simon Yu, Senior VP and Spokesperson Q&A: All 2
Slide 4: Financial Section
FINANCIAL SECTION 3
Slide 5: Statements of Comprehensive Income - QoQ
Statements of Comprehensive Income - QoQ (in NT$ thousands except EPS) 2Q21 2Q21 2Q21 1Q21 2Q20 Over Over 1Q21 2Q20 Net Operating Revenue 307,557 301,307 412,013 2.1% -25.4% Gross Profit 78,009 100,005 187,826 -22.0% -58.5% Gross Margin 25.4% 33.2% 45.6% Operating Expenses (106,478) (99,221) (101,99
Slide 6: Revenue Mix % vs Gross Margin - QoQ
Revenue Mix % vs Gross Margin - QoQ 5
Slide 7: KGD Revenue Mix - QoQ
KGD Revenue Mix - QoQ KGD Revenue Analysis-By Application 90% 87% 81% 76% 80% 74% 70% 64% 58% 60% 50% 40% 30% 20% 10% 10% 0% Q3 Q4 Qi Q2 Q3 Q4 Qi Q2 2019 2019 2020 2020 2020 2020 2021 2021 MDC/AOC MPON MLTE/Ethernet & Other
Slide 8: Non-operating Income and Expenses - QoQ
Non-operating Income and Expenses- QoQ (in NT$ thousands) 2Q21 2Q21 2Q21 1Q21 2Q20 Over Over 1Q21 2Q20 Other Income - other 1,046 1,935 3,123 -45.9% -66.5% Other Income - Income from forgiveness of PPP loan 81,577 6,838 - 1093.0% - Other Gains and Losses Net currency exchange gain or (loss) (1,121)
Slide 9: Statements of Comprehensive Income - YoY
Statements of Comprehensive Income - YoY (in NT$ thousands except EPS) 2021 2020 % % Change (%) Jan to Jun. Jan to Jun. Net Operating Revenue 608,864 100.0% 779,365 100.0% -21.9% Operating Cost (430,850) -70.8% (431,641) -55.4% -0.2% Gross Profit 178,014 29.2% 347,724 44.6% -48.8% Operating Expenses
Slide 10: Non-operating Income and Expenses - YoY
Non-operating Income and Expenses- YoY (in NT$ thousands) 2021 2020 Change (%) Jan to Jun. Jan to Jun. Other Income 2,981 9,371 -68.2% Other Income - Income from forgiveness of PPP loan 88,415 - - Other Gains and Losses Net currency exchange gain or (loss) (1,234) (189) 552.9% Gain (loss) on disposa
Slide 11: Balance Sheet Highlight & Key Indices
Balance Sheet Highlight & Key Indices Selected Items from Balance Sheet (in NT$ thousands) 2Q21 1Q21 2Q20 Amount % Amount % Amount % Cash and Cash Equivalent 1,136,546 31% 1,159,644 31% 1,113,221 27% Accounts Receivable and Notes Receivable 206,180 6% 197,894 5% 218,338 5% Inventory 320,604 9% 346,2
Slide 12: Cash Flows
Cash Flows (in NT$ thousands) 2Q21 1Q21 2Q20 Beginning Balance 1,159,644 1,106,476 1,448,840 Cash from Operating Activities 45,914 28,131 92,138 Acquisition of investments accounted for under the equity method - - (464,693) Acquisition of property, plant and equipment (31,227) (32,444) (35,267) Decr
Slide 13: 5G Overview
5G OVERVIEW 12
Slide 14: 5G Worldwide
5G Worldwide 5G is the newest wireless networking technology that phones, smartwatches, cars, and who knows what else, whatever you can think of, will use in the coming years, but it's not yet available in every region around the world. As of February 2021, over 30% of the world's countries have acc
Slide 15: 5G in China
5G in China 2020 – 5G (3.5Ghz) base station: 750K 2021 3.5Ghz 5G continues build (China Mobile) 2021 700Mhz 5G base stations: 4000K-50+ (2021-2022) Main objective: combine 3.5Ghz and 700Mhz base stations to extend 5G network coverage across entire China to expedite 5G development so applicat
Slide 16: 5G in USA
5G in USA As of January 2021, PwC reports that US mobile operators had collectively covered 75% of the country with 5G; expansion of 5% is expected by July. •Verizon: Fixed and mobile 5G all over the US. •AT&T: Mobile 5G in thousands of cities. •T-Mobile/Sprint: Available in thousands of locations.
Slide 17: Why 700Mhz 5G?
Why 700Mhz 5G? 700 Mhz – longer wavelength (used in broadcasting systems) Less attenuation More scattering capability, reduce “blank spot”, but less capacity Less power consumption Suitable for network coverage For same coverage area, 700Mhz “1” BS = “5” 2.6Ghz BS = “6” 3.5Ghz BS = “9” 4
Slide 18: Q&A
Qk&A 17
Slide 19: For further inquiry
環宇芯系天下 For further inquiry [email protected] 18