We have made forward-looking statements in the presentation. Our

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Transcription:

TWSE :6277 ATEN INTERNATIONAL Investor Conference

Disclaimer We have made forward-looking statements in the presentation. Our forward-looking statements contain information regarding, among other things, our financial conditions, future expansion plans and business strategies. We have based these forward-looking statements on our current expectations and projections about future events. Although we believe that these expectations and projections are reasonable, such forward-looking statements are inherently subject to risks, ik uncertainties, i and assumptions about us. We undertake no obligation to publicly update or revise any forward- looking statements whether as a result of new information, future events or otherwise. In light of these risk, uncertainties and assumptions, the forward-looking events in the conference might not occur and our actual results could differ materially from those anticipated in these forward-looking statements. 2

Agenda Company Profile Product and Application Industry Trend Core Advantage Financial Result 3

Company Profile 4

Company Profile ATEN International (TAIEX: 6277) is reputable as a provider of IT connectivity and management solutions among IT Infrastructure access management (KVM), Professional Audio/Video, and Energy Intelligence Power & Cooling Distribution System markets for 35 years Founded in 1979, the only publicly listed company in the World for IT Infrastructure Access Management Industry. (listed in the Taiwan Stock Exchange since October 2003) World s number 2 provider for IT Infrastructure Access Management solution. Global arrangement:9 sales subsidiaries 3 RD center 3 factory Employees Worldwide: More than 1,600 5

Global Arrangement ATEN Russia ATEN UK R & D Center Canada U.S.A. New Jersy ATEN China ATEN Japan ATEN Technology USA ATEN NJ USA ATEN Infotech Belgium R & D Center Wuhan Factory Shenzhen ATEN ANZ ATEN Taiwan Headquarters R&D Headquarters Manufacturing Center ATEN Peripherals ATEN Korea Sales offices R & D base Manufacturing base Headquarters

ATEN Brand

Product and Application 8

IT Infrastructure Access Management Solution Management Single Controlled Device (PC/Cloud server DVR/NVR surveillance Manufacture equipment USB device) Multi-Controlled Device Single Console 1. USB extender 2. KVM extender 3. RS232/Serial extender 4. Converter/Emulator 1. Over-IP KVM Switch 2. Multi-View KVMP switch 3. LCD KVM Switch 4. HOME/SOHO/SMB KVM Switch 5. Mobile/PC Sharing Keyboard /Mouse Device Multi- Console 2. USB Peripheral Sharing 1. Multi- Console KVM Switch 1. High-End Matrix KVM Switch 2. Over-IP Matrix KVM Switch Device 3. USB Peripheral Sharing Device 9

IT Infrastructure Access Management Product 1. Enterprise Data Center and Automation ti Solution CC Software CC2000 Centralized Management; CCVSR Video Session Recorder SN Serial Console Server (8/16/32/48 ports) KHi Cat 5 KVM over IP Switch (8/16 ports) KN Cat 5 KVM over IP Switch (8/16/24/32/40 ports) KM Cat 5 KVM Matrix KH Cat 5 KVM Switch CL/KL LCD Console (5/9 console, 32 ports) (8/16 ports) LCD KVM Switch (8/16 port) 3. Enterprise and Professional User 10 Cable KVM Switch (2/4 ports) Desktop KVM Switch (2/4 ports) Rack KVM Switch (8/16 ports) 2. SMB /Data Center Solution

Data Center Centralized Management Solution ATEN DCCMS, using single IP address / single portal / single signon, allows centralized management of different IT devices with different interfaces Centralized Management Software Control Center Management Software CC2000 & CCVSR IT Infrastructure Access Mgmt Device Serial Console Server (SN) KVM Over IP Switch (KN) PDU (PN /PE) IT devices in Data Center Security Devices Networking Devices Servers Storgae Server VoIP Devices Net Meeting Devices 11

CCVSR(Control Center Video Session Recorder) CCVSR server 12

Data Center Application:China Subway Benefits Both remote and local control to enhance centralized management and efficiency KVM+Green Energy Solution 13

Automation Application:Manufacture Benefits Reduces the number of engineers working on fab production lines to save labor costs Panel Array Mode allows remote monitoring of multiple equipment simultaneously; engineers can remotely control equipment to boost efficiency KVM Switch Customized KVM Application 14

Isolation of Internet and Intranet:Banking Benefits Completely secure from hacker/virus attacks Intranet PC Internet PC Intranet PC Unique KVM Application 15

Professional Audio/Video Solution Video Single Display Multiple Display Single Source 1. Wireless HDMI video 1. HDBaseT video splitter extender 2. Fiber video splitter 2. HDBaseT video extender 3. SDI video splitter 3. HDMI/DVI video extender 4. HDMI/DVI video splitter or 4. VGA video extender 5. VGA video splitter 5. Video interface converter Multiple Source 1. HDMI/DVI video switch 2. VGA video switch 3. Component Video Switch/Converter and 4. Universal video switch 1. Modular matrix video switch(seamless) 2. HDMI matrix video switch(seamless) 3. HDMI wireless Matrix Switch 4. IP matrix video switch 5. HDMI matrix video switch 6. VGA matrix video switch 16

Professional Audio/Video Solution 3. Enterprise Video Solution VP Video Splitter (2/4/8/16 ports ; Analogue / Digital) VM Video Matrix Switch /Modular Matrix Switches (4x4/8x8/16x16) 1. Digital Si ignage Solution VE Video Extender VC Video Converter VW Video Switch ( 20 KM) (Analogue / Digital) (2/4/8/16 ports ; Analogue / Digital) 17 2. Manufacture/Home Theater Solution

ATEN Control System VK2100 ATEN Controller Software Development! VK6000 ATEN Configurator for System Integrator 18 ATEN Control System APP for ios/end User

Enterprise Pro-A/V Solution:Retail Industry Benefits ATEN Professional audio and video solution delivers perfect quality Larger Scale Pro AV Solution

Enterprise Integrated Product Solution: Government Benefits Reduce signal management cost Provide customized video solution and remote control management KVM + Video Solution 20

Industry Trend 21

KVM Major Vendor Avocent 45% Aten 13% Raritan 12% 70% 0% 10% 20% 30% 40% 50% 22 Source:VDC, 2007

Worldwide Server 2012-2017 Shipment Forecast 2012-2017 CAGR Overall 4.1% 13.8% -2.5% 20.7% 15.8% 59.7% 58.7% 59.1% 4.5% 6.6% 13.1% 13.2% 12.3% 15.1% 13.4% 11.9% 22% 2.2% 23 Source:IDC, 2014 Feb

Growth Driver of IT Infrastructure Access Management Market Server Shipment Manufacture Automation Enterprise and Professional User 24

Global Pro-AV Market Growth Rates Double Digit Growth Total CAGR 2012-2014 : 10% 2014-2016 : 12% Source : InfoComm report 2014 25

Global Pro-AV Market Breakdown Source : InfoComm report 2014 26

Core Advantage 27

Complete Market Coverage ATEN is the only one provider that offers the most complete line of IT Infrastructure Access Management products, ranging from entry-level products to the enterprise solutions; providing customized solutions that effectively meet the various market demands. 28

Strong Commitment to R&D Superior R&D Capability About 10% of annual revenue is invested in R&D Average of 30-50 new products per year Industry leading technology:630 global patent, 466 patent approval, as of 2015/7 Professional video processing and communications technique ASIC Core Technology ATEN develops its own patented ASIC chip, effectively lowering costs while furthering product capabilities. IP-Based Remote Control High Compatibility With 30 years industry experience, ATEN s KVM products support various market brands of monitors, keyboards and mice, as well as different system platforms(win / SUN / MAC / LINUX crossplatform simulation technology) 29

Integrated Product Solution IT Infrastructure Aceess Management Solutions (KVM) Green Energy Solutions Professional Audio / Video Solutions Integrated Product Solution Simple Versatile Flexible 30

ATEN Professional Audio/Video Product Solution Control System work like a brain in Pro-AV solution to control everything. Matrix Switch is the Kernel in Pro-AV Solution 31 Transmission Solution works like vessel to transmit the audio / video signals

Customer Service and Marketing Resource e-service Platform eservice is a web portal which h provides several ATEN on-line services, including technical support, product registration and partner services, with single ID and password. ATEN Partner Center ATEN provides our business partners with all the necessary assistance, knowledge and tools to succeed. At Partner Center, you will be able to access the product information, marketing information, sales tools and others. 32

Financial Result 33

Sales Breakdown by Region 2015 Jan. to Jul. Consolidated Basis 34

Sales Breakdown by Product Category 2015 Jan. to Jul. Consolidated Basis 35

36 Quarterly Consolidated Revenue

Financial Performance Gross Margin Rate Operating Income Rate ROE EPS 37 2010-2011 ROC GAP basis;2012-1h2015 IFRSs basis

Income Statement Jan.~ Jun. 2015 (YoY) In NT Millions Jan. ~ Jun. 15 Jan. ~ Jun. 14 YoY Amount % Amount % % Net Sales 2,353 100 2,320 100 1.4% COGS 963 41 955 41 0.9% Gross Profit 1,390 59 1,366 59 1.8% Operating Expense 961 41 902 39 6.5% Operating Income 429 18 464 20-7.5% Net Non-Operating Income and Expenses 8 0.3 33 1-75.9% Income Before Tax 437 19 497 21-12.1% 1% Net Income 338 14 363 16-7.0% Comprehensive Income 297 13 365 16-18.4% Net Income Attributable to the parent company 331 14 357 15-7.3% EPS(NT$) (After Tax) 277 2.77-298 2.98 - -70% 7.0% Note : Taiwan Consolidated Basis 38

Balance Sheet Jun. 2015 (YoY) In NT Millions Jun. 15 Jun. 14 Amount % Amount % Cash & Financial Assets 2022 2,022 34 1936 1,936 33 Account Receivable 576 10 575 10 Inventory 782 13 721 12 Total Current Asset 3493 3,493 58 3351 3,351 57 Long-Term Investment 98 2 82 1 Property, plant and equipment 2,047 34 2,088 35 Total Non-Current Assets 2526 2,526 42 2541 2,541 43 Total Asset 6,020 100 5,892 100 Short-Term Borrowings 645 11 673 11 Account Payable 433 7 384 7 Total Current Liabilities 2,412 40 2,291 39 Long-Term Borrowings 74 1 126 2 Total Non-Current Liabilities 452 8 465 8 Total Liabilities 2,865 48 2,756 47 Total Equity Attributable to parent company 3,071 51 3,054 52 Non-Controlling Interests 84 1 82 1 39 Note : Taiwan Consolidated Basis

40 Cash Flow Jan.~ Jun. 2015 (YoY) In NT Millions Jan.~ Jun. 15 Jan.~ Jun. 14 Amount Amount Cash and cash equivalents at beginning of period 1,077 852 From Operating (208) (183) Net Profit before Tax 437 497 Depreciation and Amortization 41 46 Investment income under equity method (13) (10) Financial assets held for trading (535) (559) Inventory (74) (3) Other Operation Sources / (Uses) (64) (154) From Investing (30) (12) Property, plant and equipment (29) (27) Other Investing Sources / (Uses) (1) 15 From Financing 60 86 Short-Term Borrowings 93 118 Long-Term Borrowings (12) (12) Other Financing Sources / (Uses) (21) (20) Effect of exchange rate changes on cash and cash equivalents (34) (3) Cash and cash equivalents at end of period 865 741 Note : Taiwan Consolidated Basis

Dividend Policy 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 EPS (NT$)* 6.99 8.85 6.29 3.51 3.3 4.79 4.32 4.03 6.2 6.37 Dividend per share (NT$) Cash Dividend (NT$) Stock Dividend (NT$) Cash Dividend Payout Ratio 5.0 6.0 5.0 3.2 3.0 4.1 3.5 3.3 5.0 5.7 4.4 5.5 4.5 2.5 3.0 4.1 3.5 3.3 5.0 5.7 0.6 06 0.5 05 0.5 05 0.7 0.0 00 0.0 00 0.0 00 0.0 00 0.0 00 0.0 00 63% 62% 72% 71% 91% 86% 81% 82% 81% 89% 41

Potential Market and Application Industry Casino Electricity Factory Central Surveillance Data center Hospital 42 And More to Be Explored

Our Customers

44 Q&A

45