1. Solid State System (3S) 2014 Second Quarter Investor Conference
鑫創科技：3259
2014 Second Quarter
Investor Conference
Aug 20, 2014

2. Agenda
Welcome
2QFY14 Financial Results
3QFY14 Outlook
Q&A

3. Safe Harbor Statement

4. Q2 FY14 Consolidated Income Statement
NT$K
2Q14
1Q14
2Q13
QoQ(%)
YoY(%)
Sales
133,582
170,193
137,628
(22)
(3)
Gross Profit
40,763
49,970
39,714
(18) 3
Selling Expenses
14,153
15,897
13,431
(11) 5
G&A Expenses
7,561
7,350
7,454 1
R&D Expenses
55,779
48,196
45,981 16 21
Operating Income
(36,730)
(21,473)
(27,152)
(71)
(35)
Non-operating Income& Exp.
1,038
2,740
923
Income Before Tax
(35,692)
(18,733)
(26,229)
Net Income
EPS(NT$)
(0.51)
(0.27)
(0.42)
Weighted Avg. Outstanding Shares
70,526
70,400
62,549

5. Balance Sheet Summary 2Q14 1Q14 2Q13 Current Assets 579,461 599,750
NT$K
2Q14
1Q14
2Q13
Current Assets
579,461
599,750
460,478
Cash and Cash Equivalents
250,476
280,846
99,310
Accounts Receivable
42,030
91,843
70,442
Inventory
91,773
50,077
116,088
Other Financial Assets – Current
167,119
166,749
165,949
Other Current Assets
28,063
10,235
8,689
Non-current Assets
194,486
194,826
198,002
Total Assets
773,947
794,576
658,480
Total Liabilities
119,188
107,399
91,224
Total Stockholders' Equity
654,759
687,177
567,256

6. Cash Flow Summary 2Q14 1Q14 2Q13 Operating Cash Flow (18,374) 9,272
NT$K
2Q14
1Q14
2Q13
Operating Cash Flow
(18,374)
9,272
(44,137)
Investment Cash Flow
(29,687)
(23,689)
9,023
Financing Cash Flow
7,505
4,231
Net increase in Cash & Equivalents
(40,556)
(10,186)
(35,114)
Cash & Equivalents at Year Beginning
291,032
134,424
Cash & Equivalents at Year End
250,476
280,846
99,310

7. 3QFY14 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 margin still to be minus

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