November 2010. www.apwcc.com 1 This presentation may contain forward-looking statements concerning Asia Pacific Wire & Cable Corporation. The actual results.

Slides:



Advertisements
Similar presentations
1 FIRST QUARTER 2009 INVESTOR CONFERENCE CALL. 2 Today ’ s Hosts Steve Romano Chairman & Chief Executive Officer Jim Baumgardner President & Chief Operating.
Advertisements

JinkoSolar Holding Co., Ltd. Q Earnings Call Presentation June 7, 2013.
China Petroleum & Chemical Corporation Q1-Q Results Announcement 28 October 2005.
Results Q2/ Q2: STRONG GROWTH AND MARGIN IMPROVEMENT CONTINUES 3 August, 2006 Pekka Lundmark, President & CEO.
Atlas Copco Group Q4 Results February 2, Q4 - highlights  Order growth continued  Record operating profit –All business areas above 20% operating.
Investor Briefing November Key Information Key Offer Statistics Offer Price$1.00 per share Total number of Shares under the Offer5,000,000 Total.
1 CINCINNATI FINANCIAL CORPORATION Credit Suisse First Boston 2005 Annual Insurance Conference November 2005.
Annual Report Canon U.S.A., INC. Charee Turner ACG
Haier is the world’s 4th largest whitegoods manufacturer one of China’s Top 100 electronics and IT companies has 240 subsidiary companies and 30 design.
1 AC and Board Presentation of 2014 Year End Financial Results.
February Forward-Looking Statement Statements at this meeting that are not historical are forward-looking and are subject to various risks and.
Corporation -- A Global Business Simulation Presented by: John Doe Jane Doe Mary Jane.
Industrials Sector Jason Kraynak and Wade Guzdanski.
1 SAN SHING FASTECH TW SAN SHING FASTECH TW 5007 Shun-Sheng Wu Vice chairman.
Results of «Ak Bars» Bank Group in according with IFRS FY’2012.
FEBRUARY 22, DAVID GALLOWAY Chairman of the Board.
Annual Report Keyspan Energy Michael Titone ACG2021.
Kodak Inc. Yang Wang ACG Executive Summary Eastman Kodak Company ranks as a premier multinational corporation, with a brand recognized in virtually.
ANNUAL REPORT HEWLETT-PACKARD VICTORIA KENWARD ACG2021 SECTION 002.
Investor Conference March 2001, Rio de Janeiro. 1 This presentation contains statements that constitute forward-looking statements within the meaning.
1 Presentation of 2013 Year End Financial Results.
Annual Report HP Maria Farinez ACG Executive Summary HP is the leading company in technology around the world. At the end of 2003 HP had a revenue.
CITGO Petroleum Corporation Sheryll Dean ACG2021 Section 0H1 & 008
May 13, 2009 First Quarter 2009 Earnings Review. Highlights  First quarter 2009 net sales of $46.6 million -- within the Company’s forecasted range 
APWC 2012 Annual General Meeting 2012 Half Year Results October 5, 2012.
PIPER JAFFRAY COMPANIES APRIL 13, CAUTION REGARDING FORWARD-LOOKING STATEMENTS Statements contained in this presentation that are not historical.
July This presentation may contain forward-looking statements concerning Asia Pacific Wire & Cable Corporation. The actual results.
FY09 Q3 Conference Call April 21, Forward-Looking Statement Page 1 Statements in this release that are not historical are forward-looking and are.
March 27, 2008 Outstanding units: 8,128,496 Unit price: $19.70 Market cap: $160 million Monthly distribution of: $0.09 TSX Venture: CVL.UN March 07March.
FUNDAMENTALS OF CORPORATE FINANCE MGF301 Fall 1998 Vigdis Boasson SUNY at Buffalo
ABLE LABORATORIES, INC.. Safe Harbor Statement Except for historical facts, the statements in this presentation, as well as oral statements or other written.
Owens Corning Investor Meetings in London May 9 & 10, 2007.
Annual Report Corning Incorporation John Harkins ACG 2021 Section 002.
Owens Corning Fiscal Q4 and 2006 Year in Review February 28, 2007.
Honda Motor Co., Ltd. Sayaka Watanabe ACG
International Business Environment May 3, 2010 Evelyn Furia, Kristen Gunthardt, Ben Kelly, Erica Pilarski, and Amy Schatz.
1 The Navigators Group, Inc. “Insuring a World in Motion” CSFB Insurance Conference March 25, 2004 Stanley A. Galanski, President & Chief Executive Officer.
UTStarcom Holdings Corp. Fourth Quarter and Full Year 2011 Results Mr. Jack Lu, CEO and Ms. Jin Jiang, CFO NASDAQ: UTSI March
April, Investor presentation.
Maria Alejandra Ramirez ACG Annual Report.
1 Tricorn Preliminary Results For year ended 31st March 2012 June 2012 Mike Welburn, Chief Executive Officer Phil Lee, Group Finance Director David Leakey,
Annual Report Nissan Motor Co., Ltd. Scott Nelson ACG2021 sec 080.
1 Investor Conference Call April 5, Forward Looking Statements The foregoing discussion may include forward-looking statements for purposes of.
BP ANNUAL REPORT By: Ricky Rieck Mrs. Crosson ACG2021C.
Annual Report Annual Report El mostafa Achar El mostafa Achar ACG2021,section002 ACG2021,section002.
Annual Report NovaMed Kristin Catlin ACG2021 Sect. 004.
Safe Harbor Statement This presentation contains forward-looking statements regarding future events or the future performance of the Company.
Investor Presentation November Forward Looking Statements This presentation may contain forward-looking statements which are subject to a number.
Merrill Lynch Matt Western ACG2021 Section 002. Executive Summary Overall Merrill Lynch had a great year in They increased their revenues 11% from.
Annual Report Jessica Howarth ACG Executive Summary Tiffany & Co. experienced a modest growth in sales and earnings during Tiffany & Co.
CERVUS LP nd Quarter Update. Outstanding units: 9,346,759 Unit price: $7.75 Market cap: $72 million Monthly distribution of: $0.09 Current annual.
Floris Waller - CFO and Member Executive Board Business Services Conference London June 26 th 2007 Corporate Express Overview.
Overview November Safe Harbor Statement ♦Some of the statements included herein may include forward-looking statements which reflect our current.
1 The Navigators Group, Inc. “Insuring a World in Motion” Cochran, Coronia & Co. Investor Meetings June 22, 2004 New York City Stanley A. Galanski, President.
Click to edit Master title style September 2006 Title Slide 2007 Annual Meeting of Shareholders.
Oppenheimer Industrial Growth Conference May 14, 2014.
FINANCIAL ANALYSIS BY EBBONY PAGE. Overview  History of Organization  CEO & Mission Statement  Products and Services  Current Events  Horizontal.
Asia Pacific Logistics Federation Date of presentation: 19-May-2016 Mr. David Rogers APLF Chairman (Jan Dec 2017)
ADVA AG Optical Networking 2000 Annual Shareholders’ Meeting Brian L. Protiva, Chief Strategy Officer Andreas G. Rutsch, Chief Financial Officer May 24,
CONTENTS 1.About Us …… P2 – P10 2.Operating Performance …… P11 – P20
INVESTORS MEETING 09/10/09.
Applying Financial Statement Analysis
First Quarter Fiscal Year 2009 Financial Results December 19, 2008
Macquarie Emerging Leaders Conference 2002
INVESTOR PRESENTATION
First Quarter Fiscal Year 2016
WHA YU INDUSTRIAL CO., LTD. RF Antenna Leader Stock Ticker: 3419.
Infosys Investor Relations © Infosys Technologies Limited
Community Bank Investor Conference
Company Overview Corporate Fact Sheet
Presentation transcript:

November 2010

1 This presentation may contain forward-looking statements concerning Asia Pacific Wire & Cable Corporation. The actual results may differ materially depending on a number of risk factors including, but not limited to, the following: general economic and business conditions, development, shipment, market acceptance, additional competition from existing and new competitors, changes in technology or product techniques, and various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risk factors detailed in the Company's reports filed with the Securities and Exchange Commission. Asia Pacific Wire & Cable Corporation undertakes no duty to revise or update any forward- looking statements to reflect events or circumstances after the date of this presentation. Safe Harbor Statement

2 Equity Snapshot Ticker:AWRCF.OB Price (11/12/10):$7.10 Market cap:$98.0 million Revenues (TTM):$435.0 million Net income (TTM):$15.6 million Diluted shares outstanding:13.8 million Diluted EPS (TTM):$1.13 Net book value per share (9/30/10):$10.69 Fiscal year ends:December

3  Market leader in several regional markets  Strong and growing underlying market demand  Broad geographic coverage offers diversification  Experienced and knowledgeable in-house sales and technical team  Improving financial performance including a return to profitability  Strong balance sheet, cash flow, and attractive valuation Investment Highlights

4 Company Overview Founded in 1996 Headquartered in Taipei, Taiwan Subsidiaries: China, Thailand, Singapore and Australia Core business: manufacturing and distribution of wire and cable products Additional services: project engineering of Supply, Delivery and Installation (SDI) services for power cables Total number of employees: approximately 1,710 6

586 Locations and Facilities SDI project engineering Power cable Distributed products Telecommunication cable Enameled wire Employee headcount % Revenue contribution (1H09) Others:5.6% Distributed products include in Singapore, Australia, Thailand and SPFO Epan is included in CCH % 42.0% 16.1% 9.9% As of September 30, 2010 (unaudited)

6 Global Industry Overview  Wire & cable growth industry growth drivers  Energy-related infrastructure spending  Telecom-related infrastructure spending  Construction cycle  Industrial activity  Local presence required  High transportation costs  Products need to meet regional specifications  Handling and logistics  ~ 80% of manufacturing cost attributable to raw materials  Pass-through pricing generally utilized for long-term agreements  About one-half of business priced short cycle Global Cable Production by Type Source: CRU estimates Global Fiber Optic Cable Market Growth Forecast (Million f-km)

7 China Businesses  Long-term partnership with China Unicom Products  Enameled wire  Telecom cable  Fiber-optic cable  Optical fiber (JV)  Rubber cable Top Customers  Telecom carriers  Toolmakers and appliances makers  Mining companies Revenue ($ Millions) $36 $47 $46 $61 $91 $103 $135 $114 $158 $149 $0 $20 $40 $60 $80 $100 $120 $140 $160 $ CAGR = 14.6%

8 Thailand Businesses  Top-5 cable producer in Thailand Products  Telecom cable  Power cable (Al, Cu, HV)  Enameled wire  Fiber-optic cable Top Customers  Local electric utilities companies  Engineering companies  Contractors  Telecom carriers

9 Singapore Businesses  Leading provider of power cable in Singapore Products  Power cable  SDI project engineering  Distributed products Top Customers  Electrical contractors  Distributors  Public utilities Board

10 Australia Businesses  Leading provider of power and construction cables  New opportunities for distribution due to pan – Asia trade agreement Top Customers  Contractors  Distribution Centers Products  Low-voltage power cables  Construction cables

11 Product and Service Portfolio Revenue ($ millions) Revenue (Unaudited) % of Sales Gross Margin (unaudited) Products M20099M2010 Telecommunication Cable $46.4$47.0$62.0$49.1$ %26.4% Power Cable %18.5% Enameled Wire %6.9% Distributed Products %6.9% SDI Project Engineering Services %1.2% Total$509.8$500.8$362.2$252.4$ %12.6% * Weighted blended average

Quality Assurance  ISO 9001: Quality Management System Certification  ISO 14001: Environmental Management System Certification  ISO 17025: Testing and Calibration Laboratories Certification  UL: Japan Industrial Standard  C.E.: Thailand Industrial Standard  ISO: Australian Quality Accredited 12

13 Competitive Advantages Global competitors include Draka, Furukawa, Nexans, Prysmian, etc. Local competitors have advantages in sales, R&D spending or financial resources Competitors include both independent domestic and foreign suppliers Excellent customer service and knowledgeable sales and technical team Raw-material cost advantage over local producers Superior product quality and performance Reliable product supply and distribution Competitive Advantages Competitive Landscape First-mover advantage in key local markets

14 Growth and Expansion Strategy China  Top growth opportunity for APWCC in the next few years  Increase capacity to meet market demand and generate economies of scale  Drive marketing penetration into Shandong, Henan, Guangxi Sichuan, and Chongqing city, etc.  Develop new products and expand capacity Australia  Upgrade production facilities to increase efficiency and capacity  Increase product portfolio through offering imported products Thailand  Develop new cable products for auto, solar or other types of alternative energy  Upgrade and expand facilities for new government projects  Control production cost Singapore  Re-introduce Sigma's product to Southeast Asia market  Bring complete solutions to our customers and improve customer responsiveness  Explore new suppliers/partners in China for improved opportunities

15 History of Revenue Growth

Recovery in Gross Profit 16 $36.6 $57.3 $45.7 $12.8 $46.4 $32.0 $40.8 $0 $10 $20 $30 $40 $50 $60 $70 $ M099M10 USD Million 0% 2% 4% 6% 8% 10% 12% 14% Gross ProfitInventory AdjustmentGross Margin

17 Rebound in Net Income

18 Income Statement Year 12/31 (USD '000) month 2009 (Unaudited) 9 month 2010 (Unaudited) Total Sales$510,841$500,798$362,231$252,445$325,220 Cost of Sales465,165488,048315,840220,475284,401 Gross Profit45,67612,75046,39131,97040,819 Income from Operations 16,130(16,294)18,4599,72819,835 Income Before Taxes13,160(20,068)19,5729,65821,835 Net Income (Loss) attributable to APWC 4,833(13,649)10,0895,77811,082 Basic and Diluted Income (Loss) per Share (USD) $0.35($0.99)$0.73$0.42$0.80

19 Balance Sheet As of (USD ‘000)12/31/200812/31/ mon 2010 (Unaudited) Cash and Cash Equivalents$37,510$41,53450,098 Current Assets246,273239,048294,379 TOTAL ASSETS309,728296,052354,124 Bank Loans and Overdrafts(*)57,96237,18558,901 Other Current Liabilities87,88374,72477,751 Total Liabilities147,091113,460138,896 Total Shareholders’ Equity162,707182,592215,228 TOTAL LIABS and SHS’ EQUITY309,728296,052354,124 Current Ratio * Credit line of $280 million as of 12/31/2009.

20 Cash Flow (unaudited) As of (USD ‘000) mo mo Net Income (Loss)$4,833($13,649)5,77811,082 Depreciation9,0797,6464,8725,073 Allowance for Inventory Reserve (1,272)25,145(22,115)(1,157) Changes to Working Capital(3,601)46,55516,694(7,065) Cash Flows from Operations1,90660,0475,229(7,933) Purchases of PP&E(2,650)(3,383)(2,134)(2,614) Cash Flows from Investing(4,048)(5,156)9,022(6,974) Cash Flows from Financing3,951(44,452)(21,346)19,710 Net Increase in Cash and Equivalents 4,4638,383(5,539)8,564

21 Revenue and GP Analysis (unaudited)

22 Strong Management Team  Andy C.C. CHENG – Chairman of the Board Mr. Andy C.C. CHENG was a member of the company’s Board of Directors from 2004 to 2005 and was re-elected in From 1987 to 2003, Mr. Cheng was the Vice President of procurement and later Executive Vice President and Chairman of the Investment division, all served at PEWC. Mr. Cheng was elected Chairman of the Board of APWC in October  Chun Tang YUAN – Chief Executive Officer Mr. Chun Tang YUAN also serves as Chairman of PEWC since 2004 and has been the Director of Pacific Construction Corp. Ltd since He served as the Director of Taiwan Co-generation Corp from 2005 to Mr. Yuan is also the Chairman of Taiwan Electric Wire and cable Industries Association since He has served as the Supervisor to Taipei Importers/Exporters Association as well as the Director of Chinese National Federation of Industries in Taiwan since 1998 and 2004 respectively.  Frank TSENG – Chief Financial Officer Mr. Frank TSENG has served as CFO since October Before joining APWCC, he was the deputy CFO for ABB Taiwan and, prior to that, the APAC regional controller for Phoenix Technologies, a Silicon Valley-based company that is publicly traded on NASDAQ. Mr. Tseng holds a Masters Degree of Accountancy from Georgia State University. He is also a CPA by the State of Illinois.  Carson TIEN – Chief Operating Officer Mr. Carson TIEN serves as Chief Operating Officer since 2005 and has been with Pacific Electric Wire and Cable Group Companies since He started as engineer in PEWC's Tao Yuan plant in 1969 and later promoted to plant manager in 1977 and Assistant VP responsible for Engineering and Manufacturing in He transferred to APWC to head the Shenzhen plant in 1996 and was promoted to COO of APWC in  Daphne HSU – Financial Controller Ms. Daphne HSU has been Financial Controller of the Company since March of 2005, prior to which she served as Financial Controller for ten years in Taiwan and China at a Thomson SA joint venture. Daphne graduated from National of Taipei College of Business with a major in accounting.

23 Experienced Board Members  Anson Chan – Chairman of Audit Committee and Compensation Committee Member Mr. Anson Chan has been an independent member of the Company’s Board of Directors since 2007 and serves on the Audit Committee as its Chairman. He qualified as a CPA by the State of Illinois in U.S.A. in Mr. Chan is also a Managing Director of the Bonds Group of Companies and was a Senior Advisor to Elliott Associates from 2005 to  Yichin Lee – Audit Committee Member Dr. Yichin Lee has been an independent member of the Company’s Board of Directors since 2007 and serves on the Audit Committee. Dr. Lee is also the Managing Director of Giant Management Consulting LLC and an independent director of Giga Media Limited. Dr. Yichin Lee holds a doctorate degree in resource planning and management from Stanford University. Dr. Yichin Lee is not related to Mr. Michael C. Lee or Mr. Gai Poo Lee.

24  Market leader in several regional markets  Strong and growing underlying market demand  Broad geographic coverage offers diversification  Experienced and knowledgeable in-house sales and technical team  Improving financial performance including a return to profitability  Strong balance sheet, cash flow, and attractive valuation Investment Highlights

25 Corporate Structure—Appendix Sigma-Epan International Pte. Ltd. (Singapore) Pacific Electric Wire & Cable (SZ) Co., Ltd. (PRC) Crown Century Holding Ltd. (HK) Shanghai Yayang Co., Ltd. (PRC) Australia Pacific Electric Cable Pty. Ltd. (Australia) 100% Shandong Pacific Rubber Cable Co. Ltd. (PRC JV) Shandong Huayu Pacific Fiber Optics Comm. Co. (PRC JV) Shandong Pacific Fiber Optic Cable Co. Ltd. (PRC JV) 51.0%25.0%33.0% PRC(APWC) Holdings Ltd. (BVI) PRC(APWC) Holdings Ltd. (BVI) Ningbo Pacific Cable Co. Ltd. (PRC) Charoong Thai Wire & Cable Co. (Thailand) Pacific Thai Electric Wire & Cable Co., Ltd. Siam Pacific Electric Wire & Cable Ltd. Sigma Cable Company (Pte) Ltd. (Singapore) 98.3% Singapore China Thailand Australia Asia Pacific Wire & Cable Corp.. Ltd. (Bermuda) 100% 50.9% 100% Holding / Parent Company China (under restructuring) 16.0% Epan Industries Pte. Ltd. (Singapore) 100% 35.21%51.0%100% 13.79%

26 Contact Information Asia Pacific Wire & Cable Corporation Frank Tseng, Chief Financial Officer Phone: +886 (2) ext CCG Investor Relations John Harmon, CFA, Sr. Acct. Manager Phone: Ext Mr. Bryan Blake, MI Executive Phone: Legal Counsel Thompson Hine LLP Auditor Ernst & Young (Hong Kong)