Interim Results 2004 Presentation Interim Results 2004 Presentation - - PowerPoint PPT Presentation

▶
interim results 2004 presentation interim results 2004
SMART_READER_LITE
LIVE PREVIEW

Interim Results 2004 Presentation Interim Results 2004 Presentation - - PowerPoint PPT Presentation

Sep 29, 2023 271 likes •428 views

Interim Results 2004 Presentation Interim Results 2004 Presentation 27 July 2004 27 July 2004 Hong Kong Hong Kong Solomon Systech (International) Limited www. solomon-systech .com AGENDA AGENDA Summary Financial Review Business

slide-1
SLIDE 1

Interim Results 2004 Presentation Interim Results 2004 Presentation

27 July 2004 27 July 2004 Hong Kong Hong Kong

Solomon Systech (International) Limited

slide-2
SLIDE 2

www.solomon-systech.com

  • P. 2

SSIL Interim 2004 27 July 2004

AGENDA AGENDA

  • Summary
  • Financial Review
  • Business Review
  • Outlook
slide-3
SLIDE 3

www.solomon-systech.com

  • P. 3

SSIL Interim 2004 27 July 2004

SUMMARY SUMMARY – – 2004 FIRST HALF RESULTS 2004 FIRST HALF RESULTS

  • Substantial increase in turnover

and net profit

  • High net profit margin
  • Very strong cash position
  • Significant EPS growth
  • Healthy dividend payout
  • Gaining market share
slide-4
SLIDE 4

www.solomon-systech.com

  • P. 4

SSIL Interim 2004 27 July 2004

F inancial Review F inancial Review F inancial Review F inancial Review

www.solomon-systech.com

slide-5
SLIDE 5

www.solomon-systech.com

  • P. 5

SSIL Interim 2004 27 July 2004

PROFIT AND LOSS PROFIT AND LOSS

  • 2.6

Dividend per share +117% 3.6 7.8 Earnings per share (HK cents) 21% 21% Net margin (%) +139% 9.6 22.9 Net profit 42% 36% Gross margin (%) +104% 19.5 39.7 Gross profit +137% 46.4 110.1 Turnover Change 2003 2004 (US$ million) YoY Six months ended 30 Jun

slide-6
SLIDE 6

www.solomon-systech.com

  • P. 6

SSIL Interim 2004 27 July 2004

TURNOVER AND NET PROFIT TURNOVER AND NET PROFIT

9.6 22.9

10 20 30 40 2002 2003 1H 2004 US$m

TURNOVER NET PROFIT

46.4 110.1

40 80 120 160 2002 2003 1H 2004 US$m 1H 2H

slide-7
SLIDE 7

www.solomon-systech.com

  • P. 7

SSIL Interim 2004 27 July 2004

BALANCE SHEET BALANCE SHEET

0.15 0.39 Per share (HK$) +237% 37.2 125.4 Net cash As at 31 Dec As at 30 Jun 0.21 0.46 Per share (HK$) +198% 49.9 148.7 Shareholders’ fund Nil Nil Total borrowings +134% 81.6 190.9 Total assets Change 2003 2004 (US$ million)

slide-8
SLIDE 8

www.solomon-systech.com

  • P. 8

SSIL Interim 2004 27 July 2004

Business Review Business Review Business Review Business Review

www.solomon-systech.com

slide-9
SLIDE 9

www.solomon-systech.com

  • P. 9

SSIL Interim 2004 27 July 2004

DISPLAY IC PRODUCT PORTFOLIO DISPLAY IC PRODUCT PORTFOLIO

In production Under development

New Display Large Display Mobile Display

E-paper Micro display TFT-LCD Mobile multimedia TFT-LCD OLED STN-LCD

2000 2001 2002 2003 2004 2005

E-paper driver controller Micro display processor TFT LCD-TV/monitor/ notebook drivers Multimedia processor Image processor Graphics Controllers TFT LCD driver controller Active OLED driver controller Colour OLED driver controller Mono/Greyscale/ OLED driver controller CSTN LCD driver controller Mono/Greyscale STN LCD driver controller LTPS driver controller

slide-10
SLIDE 10

www.solomon-systech.com

  • P. 10

SSIL Interim 2004 27 July 2004

MOBILE DISPLAY IC SHIPMENT MOBILE DISPLAY IC SHIPMENT

18.0 45.9 28.0 44.6 28.8 20.2 7.2 6.2 10 20 30 40 50 60 70 80 2001 2002 2003 1H 2004 million units

Monochrome Colour STN OLED Colour OLED TFT Others*

* Includes graphic controller, PDA and others.

  • Colour

OLED

  • TFT
  • Others
slide-11
SLIDE 11

www.solomon-systech.com

  • P. 11

SSIL Interim 2004 27 July 2004

LARGE AND NEW DISPLAY IC DEVELOPMENT LARGE AND NEW DISPLAY IC DEVELOPMENT

Large Display IC New Display IC

  • For LCD monitor and TVs
  • Under internal qualification
  • Micro display: for electronic

viewfinder and head-mount device

  • E-paper: for electronic signboard

and timepiece

  • Both under commercial trial
slide-12
SLIDE 12

www.solomon-systech.com

  • P. 12

SSIL Interim 2004 27 July 2004

O utlook O utlook O utlook O utlook

www.solomon-systech.com

slide-13
SLIDE 13

www.solomon-systech.com

  • P. 13

SSIL Interim 2004 27 July 2004

OUTLOOK FOR THE GROUP’S BUSINESS OUTLOOK FOR THE GROUP’S BUSINESS

  • Very strong backlog orders on hand
  • Key revenue drivers from mobile colour

display ICs

  • Readily access to production capacity
  • Well established technology platform for

next generation of display products

slide-14
SLIDE 14

www.solomon-systech.com

  • P. 14

SSIL Interim 2004 27 July 2004

BUSINESS STRATEGIES BUSINESS STRATEGIES

  • Be a leading global display IC producer
  • Increase revenue and market share
  • Expand product portfolios
  • Invest in R&D, production capacity and

infrastructure for growth

slide-15
SLIDE 15

www.solomon-systech.com

  • P. 15

SSIL Interim 2004 27 July 2004

Thank You Thank You Thank You Thank You

Solomon Solomon Systech Systech (International) Limited (International) Limited Stock code: 2878 Stock code: 2878