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3System Solid State System (3S) 2015 Second Quarter Investor Conference Aug 19, 2015 鑫創科技: 3259
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2 Agenda Welcome 2QFY15 Financial Results 3QFY15 Outlook MEMS Status Update New Product Update Q&A
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3 Safe Harbor Statement
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4 Q2 FY15 Consolidated Income Statement NT$K 2Q151Q152Q14QoQ(%)YoY(%) Sales119,863142,833133,582(16)(10) Gross Profit34,35354,61840,763(37)(16) Selling Expenses17,20614,79614,153 G&A Expenses10,6247,6567,561 R&D Expenses64,71752,55655,779 Operating Income(58,194)(20,390)(36,730)(185)(58) Non-operating Income& Exp.(851)9491,038 Income Before Tax(59,045)(19,441)(35,692) Net Income(59,045)(19,441)(35,692)(204)(65) EPS(NT$)(0.83)(0.27)(0.51) Weighted Avg. Outstanding Shares70,860 70,526
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5 Balance Sheet Summary NT$K 2Q151Q152Q14 Current Assets457,893491,469579,461 Cash and Cash Equivalents131,119168,589250,476 Accounts Receivable49,76554,45142,030 Inventory145,355131,97991,773 Other Financial Assets – Current118,004118,258167,119 Other Current Assets13,65018,19228,063 Non-current Assets245,007238,878194,486 Total Assets 702,900730,347773,947 Total Liabilities 148,401131,327119,188 Total Stockholders' Equity 554,499599,020654,759
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6 Cash Flow Summary NT$K 2Q151Q15 2Q14 Operating Cash Flow(70,443)7,855(27,646) Investment Cash Flow(15,101)(31,894)(5,998) Financing Cash Flow48,07430,0003,274 Net increase in Cash & Equivalents(37,470)5,961(30,370) Cash & Equivalents at Year Beginning168,589162,628280,846 Cash & Equivalents at Year End131,119168,589250,476
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7 3QFY15 Guidance Based on our current business outlook, the Company expects: Consolidated Q3 revenue will be a little lower than Q2 Consolidated Q3 gross profit margin will be higher than Q2 Consolidated operating profit will be higher than Q2
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8 MEMS Mic. Trend Market trend -- Higher SNR, Windows “Cortana” needs 63dB SNR -- Low Power Consumption -- Smaller Size Application trend -- Voice recognition for IoT/wearable -- Multiple Microphones Application
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9 MEMS Mic. Status 2 nd generation package production ready ─ New samples delivered to customers ─ Ramp up one product by one product Pin compatible ─ Expect to ship from Nov. CSP ─ New A-Mic. optimized for headset sample approved by customers ─ New customized D-Mic. for brand name NB is expected to ship from Nov. SAM ─ New package available in Sep.
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10 New Product Update New High Performance Digital MEMS Mic. ─ SNR 64dB @-22dB +-1dB sensitivity ─ Single diaphragm Top-Port Wide Range Low-power Analog MEMS Mic. Released for Production ─ 1.2~3.6V operation ─ 120 uA current consumption
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11 選擇鑫創 選擇創新 投資人專線: 03-552-6533 www.3system.com.tw 鑫創科技: 3259
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