Transcript Document
ABOUT EXCELPOINT TECHNOLOGY LIMITED Excelpoint Technology Ltd is a design and development engineering solutions provider serving OEMs, CMs and sub-contractors in various industries including telecommunications, consumer electronics, industrial and instrumentation electronics, automotive, computers and computer peripherals. OUR BUSINESS MODEL Design & Development Services Supply Chain Management Field Application Services Value Added Distribution Distribution OUR ROLE IN THE CUSTOMER’S VALUE CHAIN We are the “Solutions Partner”; providing ”One-Stop Solution” to meet customer requirement. A value chain service from product concept, development, attain international approval, manufacturing; till door-step delivery. Client Product Concept Proto Development H/W Development S/W Development Product Test & Qual Pre/Mass Production Mktg & Sales After Sales Excelpoint Value Chain Our Design & Development Services Reference Design; Design Review, Services and Applications Production Test Plan & Systems Pre-testing International Type Approval & Qualifications Development, Prototype, Mass Production & Logistics Turnkey Project Management Marketing & Sales A REVIEW OF OUR Q2 PERFORMANCE AN OPERATIONAL REVIEW OF Q2 BY BUSINESS SEGMENT • DESIGN-IN • DISTRIBUTION BY PRODUCTS AND SERVICES • GSM / TELECOMMUNICATION • BLUE TOOTH SOLUTIONS • OTHER SOLUTIONS AN OPERATIONAL REVIEW OF Q2 BY GEOGRAPHIC LOCATIONS • China • Singapore • Malaysia • India • Other Asian countries OUR BUSINESS STRATEGY DESIGN-IN • Leverage and complement upon the strengths of our principal’s chipset solutions. • Focus on our value add on creating new applications, cost down, and productization. • Differentiate by controlling software embedded into our solutions. OUR BUSINESS STRATEGY DESIGN-IN • Provide risk sharing models with low Non Recurring Engineering charges (NRE) to encourage customers to adopt our solutions. • Develop innovative reference solutions to assist our customers to differentiate themselves from their competitors. OUR GEOGRAPHIC REACH Excelpoint has a network of 33 subsidiaries and representative offices located across the Asia Pacific. EXCELPOINT’S GEOGRAPHIC FOOTPRINTS SINGAPORE Headquarter CHINA • Beijing • Chengdu • Xian • Nanjing • Qingdao • Shanghai • Xiamen • Shenzhen • HONG KONG MALAYSIA • Kuala Lumpur • Penang PHILIPPINES • Manila THAILAND • Bangkok INDIA • New Delhi • Mumbai • Prune • Hyderabad • Bangalore AUSTRALIA • Sydney OUR FINANCIAL PERFORMANCE REVENUE (in S$'000) 600,000 546,117 500,000 400,000 300,000 273,958 200,000 145,626 100,000 287,455 99.3% 258,662 128,332 0 2003 Rev 2004 Rev Q1 Q2 NET PROFIT AFTER TAX (in S$'000) 12000 10,270 10000 8000 5,915 392% 6000 4000 2000 0 2,088 4,355 1,499 589 FY 2003 FY 2004 Q1 Q2 CORE BUSINESSES • Design-in Services • Distribution Services Distribution Services 36%* * 2Q FY 2004 BY REVENUE Design-in Services 64%* REVENUE BY BUSINESS ACTIVITY (in S$'000) 300,000 102,958 36% 200,000 100,000 0 74,512 49% 184,497 71,114 64% 51% Q2 2003 Design-in Q2 2004 Distribution REVENUE BY GEOGRAPHIC LOCATIONS Q2 2004 Others 3% S'pore 16% M'sia 5% India 4% China 72% S'pore M'sia India China Others KEY FINANCIAL HIGHLIGHTS FY Q2-04 Q2-03 Var.(%) 1H-04 1H-03 Var.(%) Revenue (S$m) 287.5 145.6 97.4 546.1 274.0 99.3 Op Profit (S$m) 8.3 2.4 241.6 14.7 4.0 271.7 PAT 5.9 1.5 194.6 10.3 2.1 392.0 1.24 0.43 187.5 2.15 0.6 258.2 8.5 7.0 21.4 14.7 9.8 50.0 (S$m) EPS (cents) * ROE (%) * For comparative purposes, EPS is calculated based on profit attributable to shareholders and the weighted average post-invitation share capital of 477,955,854 (Q2, 1H 2003: 347,971,200). OUR ROAD MAP AHEAD THE CHALLENGES • The temporary impact of the soft landing in China. • Improving margins. • Upgrading the quality of our human capital. • Expanding R&D solutions beyond telecommunication. • Expansion into new markets. PROSPECTS • Penetration into remote areas of China e.g. Jiangsu Province and North Eastern Provinces for the GSM business. • Contributions will come from new solutions that the Group has developed. There has been market interests in these solutions for example set up box, peripherals for GSM handsets, blue tooth, high end audio video etc. • Enlarge market penetration e.g Middle East, Pakistan and South East Asia countries e.g. Vietnam.