Trina Solar held an earnings call to discuss its Q4 2012 and fiscal year 2012 performance. Key highlights included module and system shipments of 415MW and 1.6GW respectively. Revenue was $302.7 million for Q4 2012 and $1.3 billion for fiscal year 2012. Gross margins were low due to write-downs and provisions. The company provided guidance for Q1 2013 shipments of 420-430MW and fiscal year 2013 shipments of 2-2.1GW. Trina Solar has a strong balance sheet with $918 million in cash and manufacturing capacity of 2.4GW for modules and 2.4GW for cells. Regional sales breakdowns and commercial strategies were also discussed.
- Iochpe-Maxion reported consolidated net operating revenue of R$442.1 million for 2Q08, an increase of 38.6% over 2Q07.
- EBITDA for 2Q08 was R$71.9 million, an increase of 97.3% compared to 2Q07.
- Net income for 2Q08 was R$44.1 million, an increase of 217.5% over 2Q07.
EDP Energias do Brasil reported its 2Q09 results. Key highlights include: 4%
- EBITDA of R$344 million and net income of R$213 million
- Energy volume sold by generation business up 29% year-over-year 18%
- Unveiling of full commercial operations at Santa Fé SHP
- Net revenue fell 1% due to elimination of Enersul figures 78%
- Manageable expenses down 12% for the sixth quarter in a row
- Approval and signature of long-term financing for Pecém I project
Bonds
BNDES/IDB
The presentation provides financial and operational details on EDP
2008 Merrill Lynch Global Transportation Conference Presentationfinance13
This document discusses UAL Corporation's performance in 2007 and its strategy going forward.
[1] In 2007, UAL had over $1 billion in operating income, over $600 million in pre-tax profit, and $2.1 billion in operating cash flow. [2] However, fresh start accounting significantly affects competitive comparisons of pre-tax income. [3] Going forward, UAL's strategy is focused on "Back to Basics" priorities of industry-leading revenues, competitive costs, service basics like on-time performance, and unrivaled customer satisfaction.
100804 apresentação de resultados 2 t10-inglês_sem script [modo de compatib...Multiplus
Multiplus reported strong financial and operating results for 2Q10. Members grew 4.1% to 7.2 million while points issued and redeemed increased 16.8% and 143.3% respectively. Net revenue jumped 129.2% to R$93.5 million and net income soared 209.2% to R$23.1 million. Multiplus maintained high corporate governance standards and continued expanding its partnership network, positioning it for continued high growth potential.
Iochpe-Maxion reported financial results for the third quarter of 2008. Net operating revenue increased 47% to R$523 million compared to the prior year period. EBITDA grew 60.4% to R$92.2 million. Net income increased substantially to R$130.9 million, though part of this increase was due to a non-recurring gain. Exports increased 27.1% in US dollar terms. Overall results were positively impacted by growth in vehicle production and demand for railway freight cars in Brazil.
- Profarma saw a 12.3% growth in consolidated gross revenue compared to the same period last year, reaching R$784 million, with strong growth in hospitals and vaccines.
- Operating expenses decreased 12.5% compared to the previous quarter, reaching their best level since 2004 at 7% of net revenue.
- Cash cycle was reduced by about six days, generating R$40 million in working capital reduction.
This document summarizes CCR's 2Q09 results. It reports that EBITDA increased 23.9% in 2Q09 and 18.3% in 1H09 compared to the previous year. Net income increased 28.2% in 2Q09 and 11.1% in 1H09. Traffic grew 18.1% in 2Q09 and 17.2% excluding recent acquisitions. The number of electronic payment tags increased 48%. CCR concluded issuing $598 million in debentures and approved a dividend payment of $507.9 million. The document also provides details on financial results, business dynamics, indebtedness, traffic trends and debt amortization.
- Iochpe-Maxion reported consolidated net operating revenue of R$442.1 million for 2Q08, an increase of 38.6% over 2Q07.
- EBITDA for 2Q08 was R$71.9 million, an increase of 97.3% compared to 2Q07.
- Net income for 2Q08 was R$44.1 million, an increase of 217.5% over 2Q07.
EDP Energias do Brasil reported its 2Q09 results. Key highlights include: 4%
- EBITDA of R$344 million and net income of R$213 million
- Energy volume sold by generation business up 29% year-over-year 18%
- Unveiling of full commercial operations at Santa Fé SHP
- Net revenue fell 1% due to elimination of Enersul figures 78%
- Manageable expenses down 12% for the sixth quarter in a row
- Approval and signature of long-term financing for Pecém I project
Bonds
BNDES/IDB
The presentation provides financial and operational details on EDP
2008 Merrill Lynch Global Transportation Conference Presentationfinance13
This document discusses UAL Corporation's performance in 2007 and its strategy going forward.
[1] In 2007, UAL had over $1 billion in operating income, over $600 million in pre-tax profit, and $2.1 billion in operating cash flow. [2] However, fresh start accounting significantly affects competitive comparisons of pre-tax income. [3] Going forward, UAL's strategy is focused on "Back to Basics" priorities of industry-leading revenues, competitive costs, service basics like on-time performance, and unrivaled customer satisfaction.
100804 apresentação de resultados 2 t10-inglês_sem script [modo de compatib...Multiplus
Multiplus reported strong financial and operating results for 2Q10. Members grew 4.1% to 7.2 million while points issued and redeemed increased 16.8% and 143.3% respectively. Net revenue jumped 129.2% to R$93.5 million and net income soared 209.2% to R$23.1 million. Multiplus maintained high corporate governance standards and continued expanding its partnership network, positioning it for continued high growth potential.
Iochpe-Maxion reported financial results for the third quarter of 2008. Net operating revenue increased 47% to R$523 million compared to the prior year period. EBITDA grew 60.4% to R$92.2 million. Net income increased substantially to R$130.9 million, though part of this increase was due to a non-recurring gain. Exports increased 27.1% in US dollar terms. Overall results were positively impacted by growth in vehicle production and demand for railway freight cars in Brazil.
- Profarma saw a 12.3% growth in consolidated gross revenue compared to the same period last year, reaching R$784 million, with strong growth in hospitals and vaccines.
- Operating expenses decreased 12.5% compared to the previous quarter, reaching their best level since 2004 at 7% of net revenue.
- Cash cycle was reduced by about six days, generating R$40 million in working capital reduction.
This document summarizes CCR's 2Q09 results. It reports that EBITDA increased 23.9% in 2Q09 and 18.3% in 1H09 compared to the previous year. Net income increased 28.2% in 2Q09 and 11.1% in 1H09. Traffic grew 18.1% in 2Q09 and 17.2% excluding recent acquisitions. The number of electronic payment tags increased 48%. CCR concluded issuing $598 million in debentures and approved a dividend payment of $507.9 million. The document also provides details on financial results, business dynamics, indebtedness, traffic trends and debt amortization.
ACC reported a 26.1% year-over-year decline in net profit for 2QCY2010 due to a 2.9% decline in net sales, flat realizations, and increased operating expenses. Operating profit declined 23% year-over-year as margins fell from 37.1% to 29.4% due to higher raw material, freight, and power costs. Going forward, realizations are expected to remain under pressure in 2010 due to ACC's exposure in the southern region, but margins may improve marginally in 2011. At current levels, the stock is considered fairly priced and the analyst maintains a Neutral outlook.
This document provides an interim group report for Deutsche Telekom for the period of January 1 to September 30, 2008. Some key highlights include:
- Net revenue decreased 2.5% to EUR 45.6 billion compared to the prior year period. Domestic revenue decreased 6.2% while international revenue increased 1.1%.
- EBITDA increased slightly to EUR 14.4 billion. Adjusted EBITDA increased 0.5% to EUR 14.8 billion.
- Net profit increased significantly to EUR 2.2 billion. Adjusted net profit increased 17.1% to EUR 2.6 billion.
- The number of mobile customers increased 4.
Clear Channel Communications reported financial results for the second quarter of 2003. Revenue increased 6.6% to $2.32 billion compared to the second quarter of 2002. Net earnings were $251.3 million, or $0.41 per diluted share, up slightly from the previous year. Excluding one-time gains, earnings per share were flat year-over-year. Cash flow from operating activities for the first six months of 2003 was $943.7 million, and free cash flow increased 21.4% for the second quarter compared to the previous year. Radio revenue declined 2.1% on a reported basis due to weakness in local and national advertising, while outdoor advertising revenue grew due to acquisitions and currency
Aimia reported strong financial performance in FY 2012. Gross billings grew 2.2% adjusted for items like Qantas insourcing. Adjusted EBITDA grew 17.7% to $402.6 million. Free cash flow increased 68% to $299.5 million or $1.67 per share. Growth was driven by increases in the EMEA and PLM regions, partially offset by declines in US&APAC related to Qantas and Canada. Forward-looking statements were provided but results may differ materially from expectations due to various risk factors.
BBVA demonstrated the recurrent nature and sustainability of its business model in 2008. In the first quarter of 2009, BBVA continued its strong performance with recurrent operating income supported by recurrent revenues and greater efficiency. Risk management also remained prudent with lower entries to NPAs, provisioning in line with the second half of 2008, and ample generic provisions to cover losses.
This document provides a summary of Procter & Gamble's (P&G's) 2003 annual report. It discusses P&G's strong financial performance in fiscal year 2003, with 8% sales growth, 19% earnings growth, and market share gains across most major brands. It highlights the completion of P&G's restructuring program ahead of schedule. The summary also outlines P&G's strategic focus on growing existing core businesses, leading customers, large countries, and health/beauty categories. It emphasizes P&G's continued focus on productivity, cost reduction, cash management, and leveraging its strengths in branding, innovation, and global scale.
omnicom group Q1 2006 Investor Presentationfinance22
Omnicom Group reported its financial results for the first quarter of 2006. Revenue increased 6.7% to $2.56 billion compared to the first quarter of 2005. Operating income rose 10.5% to $284.4 million and net income grew 10.1% to $165.7 million. The presentation also provided details on Omnicom's financial position, acquisition activity in the quarter, and potential future obligations from earn-outs and option plans related to past acquisitions.
The Walt Disney Company reported financial results for its first fiscal quarter ended December 29, 2007. Diluted earnings per share were $0.63 compared to $0.79 in the prior year quarter. Revenue increased 9% to $10.5 billion driven by growth across all business segments. Media Networks revenue grew 10% and segment operating income increased 28% due to increases at cable networks and broadcasting. Parks and Resorts revenue increased 11% and segment operating income grew 25% due to increases at domestic and international parks. The Company repurchased $1 billion of its shares in the quarter and had $292 million remaining under its repurchase authorization.
The Walt Disney Company reported strong financial results for its second fiscal quarter of 2008. Key highlights include:
- Earnings per share increased 35% compared to the prior year quarter.
- Net income increased 22% to $1.1 billion for the quarter.
- Segment operating income grew 21% to $2.1 billion, led by growth at Media Networks, Studio Entertainment, and Parks and Resorts.
- Media Networks revenue increased 5% and operating income grew 14% due to increases at ESPN and cable equity investments.
- Parks and Resorts revenue rose 11% and operating income jumped 33% driven by improved results at domestic parks and Disneyland Paris.
- Studio Entertainment
The document provides financial results for JPMorgan Chase for 4Q08 and FY08. Some key highlights include:
- Revenue for FY08 was $73.4 billion, down 2% from FY07 excluding merger-related items. Credit costs rose sharply to $22.6 billion for FY08.
- Net income for 4Q08 was $702 million compared to a net loss of $2.3 billion in 4Q07. However, ROE remained low at 1% for 4Q08.
- The Investment Bank reported a net loss of $2.4 billion for 4Q08 driven by markdowns on leveraged lending and mortgage exposures as well as increased credit costs.
This document is BB&T Corporation's 2005 annual report. It provides financial highlights for 2005, noting that net income increased 6.1% to $1.654 billion and diluted earnings per share grew 7.1% to $3.00. Operating earnings rose 7.2% to $1.674 billion. Cash basis operating earnings, which exclude intangible assets and purchase accounting adjustments, increased 7.1% to $1.763 billion. The report discusses BB&T's strong loan, deposit and balance sheet growth in 2005 and notes the bank hired additional revenue producers and implemented strategies to boost organic account growth.
- Viacom reported financial results for Q4 and full year 2008, with revenues of $4.2 billion for Q4 and $14.6 billion for the full year.
- Operating income declined 51% in Q4 and 14% for the full year due to $454 million in restructuring charges.
- Adjusted results exclude these restructuring charges and provide a better view of underlying performance, with adjusted operating income declining 6% in Q4 and 1% for the full year.
- The company generated $1.4 billion in free cash flow in Q4 and $1.7 billion for the full year, helped by working capital changes.
- BB&T Corporation reported lower operating earnings for the fourth quarter of 2008 compared to the same period in 2007. Operating earnings available to common shareholders decreased 41.4% to $243 million.
- Net interest income increased 14.2% to $1,132 million due to higher interest income, but this was more than offset by a large increase in the provision for credit losses of $344 million.
- Returns and profitability ratios declined from the prior year, with the return on average common equity decreasing to 7.26% and the efficiency ratio worsening to 51.9%.
W. R. Berkley Corporation had an outstanding financial year in 2006. Net income per share reached a new high of $3.46, increasing 27% over 2005. Net premiums written grew 5% to $4.8 billion. The company's return on stockholders' equity exceeded 25% for the fourth consecutive year.
P&G is celebrating its 165th year of providing trusted brands to consumers around the world. In 2002, P&G marketed nearly 300 brands in over 160 countries. Key financial highlights included a 3% increase in net sales to $40.2 billion and a 49% increase in net earnings to $4.352 billion. Core earnings per share grew 10% as the company delivered broad sales growth across all business units and regions.
Financial Analysis - American International Group, Inc. is an internationa…BCV
Financial Analysis - American International Group, Inc. is an international insurance organization serving commercial, institutional and individual customers. AIG provides property-casualty insurance, life insurance and retirement services.pdf
This investor presentation provides an overview of Bayer Group's financial performance and outlook. It discusses Bayer's market leading positions, new product pipeline, and growth in emerging markets. The presentation summarizes Bayer's record sales and earnings in 2011, consistent strong cash generation from 2007-2011, and financial outlook for 2012. It anticipates global economic and political risks remaining high in 2012 and continued growth being driven by Asian emerging markets.
China Cord Blood Corporation is a leading cord blood banking operator in China, providing storage and processing services. It has the largest market presence among licensed operators, with exclusive operations in Beijing, Guangdong, and Zhejiang provinces, covering 45% of newborns in authorized regions. It has a lucrative recurring revenue model from subscription fees. The company has consistent subscriber growth, substantial profitability, and a strong cash position. It is led by an experienced management team with extensive experience in China's healthcare industry.
AU Optronics Corp. (AUO) reported its fourth quarter 2012 results with consolidated net sales of NT$99.4 billion, a 3.3% quarter-over-quarter decrease. AUO reported a net loss of NT$13.2 billion for the quarter, a 20.1% increase in net loss compared to the same quarter last year. Total shipments for large-sized panels decreased 6.7% quarter-over-quarter to 331.0 million square meters. AUO's cash and cash equivalents decreased by 14.8% to NT$77.4 billion from the same quarter in 2011.
- The company achieved steady growth in 2012 despite challenges from the slowing economy and weak capital markets. Total premiums grew to RMB995.8 billion, driven by growth in renewal premiums.
- The value of new business grew to RMB20.8 billion and in-force business value reached RMB209.1 billion. Both the individual and group insurance businesses saw steady growth, while the short-term business maintained its leading position.
- The company will focus on developing new business and enhancing business value in 2013, while promoting product innovation and service capabilities. It will also explore new business areas and leverage technology to drive sustainable development.
New Energy presented its business strategy focused on becoming a vertically integrated manufacturer of lithium-ion batteries and remote power solutions for mobile devices in China. It has experienced strong revenue growth through its consumer division, battery component manufacturing, and recent acquisitions. Management expects continued high growth and profitability driven by increasing demand for portable electronics in China.
ACC reported a 26.1% year-over-year decline in net profit for 2QCY2010 due to a 2.9% decline in net sales, flat realizations, and increased operating expenses. Operating profit declined 23% year-over-year as margins fell from 37.1% to 29.4% due to higher raw material, freight, and power costs. Going forward, realizations are expected to remain under pressure in 2010 due to ACC's exposure in the southern region, but margins may improve marginally in 2011. At current levels, the stock is considered fairly priced and the analyst maintains a Neutral outlook.
This document provides an interim group report for Deutsche Telekom for the period of January 1 to September 30, 2008. Some key highlights include:
- Net revenue decreased 2.5% to EUR 45.6 billion compared to the prior year period. Domestic revenue decreased 6.2% while international revenue increased 1.1%.
- EBITDA increased slightly to EUR 14.4 billion. Adjusted EBITDA increased 0.5% to EUR 14.8 billion.
- Net profit increased significantly to EUR 2.2 billion. Adjusted net profit increased 17.1% to EUR 2.6 billion.
- The number of mobile customers increased 4.
Clear Channel Communications reported financial results for the second quarter of 2003. Revenue increased 6.6% to $2.32 billion compared to the second quarter of 2002. Net earnings were $251.3 million, or $0.41 per diluted share, up slightly from the previous year. Excluding one-time gains, earnings per share were flat year-over-year. Cash flow from operating activities for the first six months of 2003 was $943.7 million, and free cash flow increased 21.4% for the second quarter compared to the previous year. Radio revenue declined 2.1% on a reported basis due to weakness in local and national advertising, while outdoor advertising revenue grew due to acquisitions and currency
Aimia reported strong financial performance in FY 2012. Gross billings grew 2.2% adjusted for items like Qantas insourcing. Adjusted EBITDA grew 17.7% to $402.6 million. Free cash flow increased 68% to $299.5 million or $1.67 per share. Growth was driven by increases in the EMEA and PLM regions, partially offset by declines in US&APAC related to Qantas and Canada. Forward-looking statements were provided but results may differ materially from expectations due to various risk factors.
BBVA demonstrated the recurrent nature and sustainability of its business model in 2008. In the first quarter of 2009, BBVA continued its strong performance with recurrent operating income supported by recurrent revenues and greater efficiency. Risk management also remained prudent with lower entries to NPAs, provisioning in line with the second half of 2008, and ample generic provisions to cover losses.
This document provides a summary of Procter & Gamble's (P&G's) 2003 annual report. It discusses P&G's strong financial performance in fiscal year 2003, with 8% sales growth, 19% earnings growth, and market share gains across most major brands. It highlights the completion of P&G's restructuring program ahead of schedule. The summary also outlines P&G's strategic focus on growing existing core businesses, leading customers, large countries, and health/beauty categories. It emphasizes P&G's continued focus on productivity, cost reduction, cash management, and leveraging its strengths in branding, innovation, and global scale.
omnicom group Q1 2006 Investor Presentationfinance22
Omnicom Group reported its financial results for the first quarter of 2006. Revenue increased 6.7% to $2.56 billion compared to the first quarter of 2005. Operating income rose 10.5% to $284.4 million and net income grew 10.1% to $165.7 million. The presentation also provided details on Omnicom's financial position, acquisition activity in the quarter, and potential future obligations from earn-outs and option plans related to past acquisitions.
The Walt Disney Company reported financial results for its first fiscal quarter ended December 29, 2007. Diluted earnings per share were $0.63 compared to $0.79 in the prior year quarter. Revenue increased 9% to $10.5 billion driven by growth across all business segments. Media Networks revenue grew 10% and segment operating income increased 28% due to increases at cable networks and broadcasting. Parks and Resorts revenue increased 11% and segment operating income grew 25% due to increases at domestic and international parks. The Company repurchased $1 billion of its shares in the quarter and had $292 million remaining under its repurchase authorization.
The Walt Disney Company reported strong financial results for its second fiscal quarter of 2008. Key highlights include:
- Earnings per share increased 35% compared to the prior year quarter.
- Net income increased 22% to $1.1 billion for the quarter.
- Segment operating income grew 21% to $2.1 billion, led by growth at Media Networks, Studio Entertainment, and Parks and Resorts.
- Media Networks revenue increased 5% and operating income grew 14% due to increases at ESPN and cable equity investments.
- Parks and Resorts revenue rose 11% and operating income jumped 33% driven by improved results at domestic parks and Disneyland Paris.
- Studio Entertainment
The document provides financial results for JPMorgan Chase for 4Q08 and FY08. Some key highlights include:
- Revenue for FY08 was $73.4 billion, down 2% from FY07 excluding merger-related items. Credit costs rose sharply to $22.6 billion for FY08.
- Net income for 4Q08 was $702 million compared to a net loss of $2.3 billion in 4Q07. However, ROE remained low at 1% for 4Q08.
- The Investment Bank reported a net loss of $2.4 billion for 4Q08 driven by markdowns on leveraged lending and mortgage exposures as well as increased credit costs.
This document is BB&T Corporation's 2005 annual report. It provides financial highlights for 2005, noting that net income increased 6.1% to $1.654 billion and diluted earnings per share grew 7.1% to $3.00. Operating earnings rose 7.2% to $1.674 billion. Cash basis operating earnings, which exclude intangible assets and purchase accounting adjustments, increased 7.1% to $1.763 billion. The report discusses BB&T's strong loan, deposit and balance sheet growth in 2005 and notes the bank hired additional revenue producers and implemented strategies to boost organic account growth.
- Viacom reported financial results for Q4 and full year 2008, with revenues of $4.2 billion for Q4 and $14.6 billion for the full year.
- Operating income declined 51% in Q4 and 14% for the full year due to $454 million in restructuring charges.
- Adjusted results exclude these restructuring charges and provide a better view of underlying performance, with adjusted operating income declining 6% in Q4 and 1% for the full year.
- The company generated $1.4 billion in free cash flow in Q4 and $1.7 billion for the full year, helped by working capital changes.
- BB&T Corporation reported lower operating earnings for the fourth quarter of 2008 compared to the same period in 2007. Operating earnings available to common shareholders decreased 41.4% to $243 million.
- Net interest income increased 14.2% to $1,132 million due to higher interest income, but this was more than offset by a large increase in the provision for credit losses of $344 million.
- Returns and profitability ratios declined from the prior year, with the return on average common equity decreasing to 7.26% and the efficiency ratio worsening to 51.9%.
W. R. Berkley Corporation had an outstanding financial year in 2006. Net income per share reached a new high of $3.46, increasing 27% over 2005. Net premiums written grew 5% to $4.8 billion. The company's return on stockholders' equity exceeded 25% for the fourth consecutive year.
P&G is celebrating its 165th year of providing trusted brands to consumers around the world. In 2002, P&G marketed nearly 300 brands in over 160 countries. Key financial highlights included a 3% increase in net sales to $40.2 billion and a 49% increase in net earnings to $4.352 billion. Core earnings per share grew 10% as the company delivered broad sales growth across all business units and regions.
Financial Analysis - American International Group, Inc. is an internationa…BCV
Financial Analysis - American International Group, Inc. is an international insurance organization serving commercial, institutional and individual customers. AIG provides property-casualty insurance, life insurance and retirement services.pdf
This investor presentation provides an overview of Bayer Group's financial performance and outlook. It discusses Bayer's market leading positions, new product pipeline, and growth in emerging markets. The presentation summarizes Bayer's record sales and earnings in 2011, consistent strong cash generation from 2007-2011, and financial outlook for 2012. It anticipates global economic and political risks remaining high in 2012 and continued growth being driven by Asian emerging markets.
China Cord Blood Corporation is a leading cord blood banking operator in China, providing storage and processing services. It has the largest market presence among licensed operators, with exclusive operations in Beijing, Guangdong, and Zhejiang provinces, covering 45% of newborns in authorized regions. It has a lucrative recurring revenue model from subscription fees. The company has consistent subscriber growth, substantial profitability, and a strong cash position. It is led by an experienced management team with extensive experience in China's healthcare industry.
AU Optronics Corp. (AUO) reported its fourth quarter 2012 results with consolidated net sales of NT$99.4 billion, a 3.3% quarter-over-quarter decrease. AUO reported a net loss of NT$13.2 billion for the quarter, a 20.1% increase in net loss compared to the same quarter last year. Total shipments for large-sized panels decreased 6.7% quarter-over-quarter to 331.0 million square meters. AUO's cash and cash equivalents decreased by 14.8% to NT$77.4 billion from the same quarter in 2011.
- The company achieved steady growth in 2012 despite challenges from the slowing economy and weak capital markets. Total premiums grew to RMB995.8 billion, driven by growth in renewal premiums.
- The value of new business grew to RMB20.8 billion and in-force business value reached RMB209.1 billion. Both the individual and group insurance businesses saw steady growth, while the short-term business maintained its leading position.
- The company will focus on developing new business and enhancing business value in 2013, while promoting product innovation and service capabilities. It will also explore new business areas and leverage technology to drive sustainable development.
New Energy presented its business strategy focused on becoming a vertically integrated manufacturer of lithium-ion batteries and remote power solutions for mobile devices in China. It has experienced strong revenue growth through its consumer division, battery component manufacturing, and recent acquisitions. Management expects continued high growth and profitability driven by increasing demand for portable electronics in China.
The document discusses the global flat panel display industry in 2011. It notes that Korean and Taiwanese firms are the market leaders, while Chinese firms are entering the market but have not heavily invested in the latest generation plants yet. It provides data on production shares and major manufacturers of TFT LCDs by country. It also outlines the generations of glass substrates used and shows the geographic distribution of suppliers of LCD manufacturing tools and glass.
The document summarizes Sinovac Biotech's plans to invest in the pharmaceutical sector in developing countries in Africa. It discusses the environmental prerequisites needed, including political, economic, social/cultural, technical, and legal/regulatory factors. It specifically examines Sinovac's plans to work in South Africa and Kenya, including evaluating the market size and regulatory environment. Sinovac aims to partner with various local organizations through approaches like joint ventures or distributing vaccines to expand access to vaccines in Africa.
This document is a disclaimer for an investment presentation by Profarma. It states that the presentation does not constitute an offering or form the basis of any contract. The information provided should not be relied upon for investment decisions and contains forward-looking statements that are subject to risks. The document contains summary information that is not intended to be complete without additional context.
This document provides financial highlights for Q2 2012, including year-over-year comparisons. Some key figures increased significantly from 2011 to 2012, such as operating income (up 36.8%), net earnings (up 128.8%), and adjusted EBITDA (up 32.7%). However, total revenue decreased slightly (down 0.7%) from 2011 to 2012. The document also notes that results are subject to various risks and uncertainties and may differ materially from forward-looking statements.
This document summarizes Viacom's financial results for the second quarter and first half of 2008. Key highlights include:
- Revenues for Q2 2008 increased 21% to $3.9 billion and increased 18% to $7 billion for the first half.
- Operating income for Q2 2008 increased 13% to $792 million and increased 19% to $1.4 billion for the first half.
- Earnings per share from continuing operations for Q2 2008 increased 2% to $0.64 and increased 15% to $1.06 for the first half.
- Media Networks revenues increased 11% in Q2 2008 and 14% for the first half, driven by increases in affiliate fees
The document provides financial results and highlights for Profarma's 3Q12 earnings release. Key points include:
- Consolidated revenues grew 15.3% year-over-year to R$957.7 million.
- Net income increased 27.4% to R$10.8 million, with a net margin of 1.3%.
- EBITDA grew 14.7% to R$22.1 million and the EBITDA margin was 2.7%.
- Sales of generic medications increased 54.7% compared to 3Q11.
- The company reported first quarter 2005 earnings per share of $0.64, up from $0.53 in the first quarter of 2004. This included a one-time recovery and excluded gains from real estate sales.
- Fleet Management Solutions revenue increased 10% and operating revenue grew 5% compared to the prior year, driven by acquisitions and commercial rental growth. This led to a 28% increase in net earnings before tax.
- Supply Chain Solutions revenue rose 8% due to new business, but earnings declined due to lower margins in some automotive accounts. Dedicated Contract Carriage earnings also declined due to contract losses and higher costs.
- The company reported first quarter 2005 earnings per share of $0.64, up from $0.53 in the first quarter of 2004.
- Fleet Management Solutions revenue increased 10% and earnings increased 28% compared to the prior year period.
- The company is increasing its full year 2005 earnings forecast to a range of $3.30 to $3.40 per share.
Sempra Energy exceeded all of its goals for 2000:
- Its unregulated businesses increased earnings to 18% of total from 1% previously, on track to meet its goal of one-third of earnings from these businesses by 2003.
- Sempra Energy Trading expanded significantly in Europe and other key markets, realizing $155 million in net income compared to $15 million targeted, over eight times its 1999 earnings.
- Sempra Energy Resources brought one new power plant online and advanced three additional projects toward construction to support the company's overall growth strategy.
Profarma reported financial results for the first quarter of 2012, with the following highlights:
- Gross revenues increased 22.6% year-over-year to R$954.5 million.
- Net income increased 336.3% year-over-year to R$9.5 million, with a net margin of 1.2%.
- EBITDA increased 84.8% year-over-year to R$20.2 million, with an EBITDA margin of 2.5%.
This document summarizes Viacom's financial results for the third quarter of 2008. Revenues increased 4% year-over-year to $3.4 billion. Operating income decreased 15% to $689 million due to an 11% increase in expenses. Adjusted net earnings decreased 22% to $339 million, while adjusted diluted EPS decreased 15% to $0.55. Free cash flow was $564 million for the quarter compared to a significant decrease year-to-date. Total debt was $8.95 billion as of September 30, 2008, while cash on hand was $525 million.
- Net income rose 333.6% quarter-over-quarter to R$9.5 million, with a 1.4% net margin. Gross revenues grew 7.5% year-over-year to R$779.4 million.
- Sales of health and beauty products, which increased for the sixth quarter in a row, rose 87.3% year-over-year.
- Operating expenses fell 1.4 percentage points year-over-year to 7.5% of net operating revenue. Sales through electronic orders hit a record high of 68.6% of total sales.
Ken Lewis, Chairman and CEO of Bank of America, presented at the 2006 Goldman Sachs Financial Services Conference. He discussed the company's opportunities for growth, highlighting its plans to achieve growth through selling more products to more customers across its national footprint, effectively managing costs, and capitalizing on opportunities in retail banking, wealth management, and commercial banking. Lewis also emphasized the company's ability to execute on its strategy through leveraging its extensive customer base and innovation capabilities.
- Revenue and earnings for the company increased in the first quarter compared to the prior year.
- Earnings per share were $0.77, up 20% from the prior year.
- The company is increasing its full year 2006 earnings forecast to a range of $3.82 to $3.97 per share.
- Revenue and earnings for the company increased in the first quarter compared to the prior year.
- Earnings per share were $0.77, up 20% from the previous year.
- The company is increasing its full year 2006 earnings forecast to a range of $3.82 to $3.97 per share.
The company's net income increased 164.2% in 3Q09 compared to 3Q08, EBITDA increased 79.3%, and the cash cycle was reduced by 7.1 days. Gross revenues grew 3.2% and market share increased to 12.1%. Operating expenses declined 4.2% as a percentage of net revenues. The
- The document summarizes Gafisa's third quarter 2009 results conference call.
- Key highlights include a 43% decrease in launches but a 48% increase in contracted sales compared to the previous year. Net revenues increased 131% while gross margins decreased.
- Recent developments discussed include strong sales in mid-to-mid-high segments, expansion of the affordable housing program, and plans to merge shares of Tenda into Gafisa to increase scale and efficiency.
- Gafisa has a diversified land bank of 313 sites in 21 states representing over 15 billion reais in potential sales.
The document summarizes Gafisa's third quarter 2009 results conference call. It discusses strong sales performance in the mid and mid-high housing segments. It also notes the expansion of the affordable housing program and Gafisa's growing national footprint. Financially, it highlights contracted sales growth of 48% and a backlog of over R$2.9 billion in revenues to be recognized. Over R$1 billion in new project launches are planned for the fourth quarter of 2009.
Final earnings presentation_conf_call_slides_1_q2013United_Stationers
- United Stationers reported adjusted sales of $1.25 billion for Q1 2013, down 0.1% from Q1 2012. Adjusted earnings per share increased 24% to $0.56 compared to $0.45 in Q1 2012.
- Gross margin was 15.1% of sales, up from 14.2% in Q1 2012. Adjusted operating expenses were 11.9% of sales compared to 11.3% in Q1 2012. Adjusted operating income was 3.2% of sales.
- By product category, the largest sales declines were in technology and facilities products. Sales through office products dealers and contract stationers increased while direct sales declined.
The document outlines MMX's 2010 financial results, which showed record sales volumes, revenues, profits, and the company's first ever positive EBITDA of R$120.6 million. An audit of MMX's resources by SRK Consulting estimated total measured, indicated and inferred resources of 1.466 billion metric tons across various sites. The document also lists the next steps in MMX's planned voluntary takeover offer for PortX shares.
Similar to Supp slides q4_2012_v4_26_feb_1900h (20)
The document discusses private equity (PE) and alternatives assets as one of the fastest growing segments in the industry. It outlines two key requirements for large scale PE firms going forward: sustaining the management team and maintaining objective investment decisions. It then analyzes Blackstone's use of a master limited partnership (MLP) structure which allows partners to retain control while limiting taxes, addressing limited partner concerns about dilution from selling units. Overall, the document argues that a limited partnership structure is preferable to unitholders for PE firms due to tax benefits.
Concord Medical Services Holdings Ltd. is a leading provider of radiotherapy and diagnostic imaging services in China. It operates a nationwide network of 130 centers with 74 hospital partners in 24 provinces. The presentation highlights the company's strong growth, leading market position, and expansion strategies through network growth, new technology, and developing specialty cancer hospitals. Financial results show increasing revenue, profitability, and a solid capital structure to support continued growth.
The document summarizes China Yuchai International's fourth quarter and full year 2012 earnings conference call. It discusses declines in the diesel commercial vehicle market in China but growth in the bus market, where China Yuchai saw opportunities. It notes China Yuchai's increasing sales and leadership in natural gas engines, which are well-suited for buses. While China Yuchai's engine sales and revenue declined from the previous year's quarter, it continued investing heavily in R&D to develop new engine technologies and stay ahead of competitors.
- Xiniya is a China-based menswear brand listed on the NYSE. It is a top 5 brand in China with over 1,600 retail outlets nationwide.
- The company follows an asset-light, distributor-based business model where it appoints distributors and authorized retailers to operate most of its retail outlets.
- Xiniya engages in various marketing initiatives including TV commercials, celebrity endorsements, and flagship store openings to promote brand awareness across China.
- The document summarizes the management presentation of China Unicom, including its overall results, operating and financial performance in 2012.
- Key highlights include operating revenue growing 19% to RMB248.9 billion, with mobile revenue up 30.2% and net profit up 68.5% to RMB7.1 billion. 3G and broadband services were the main drivers of growth.
- In 2013, China Unicom aims to maintain its leading revenue growth while further improving profitability and substantially lowering capital expenditure to sales ratio. It will focus on maintaining its network advantages to sustain rapid growth.
China Telecom reported its 2012 annual results with the following highlights:
- Revenue grew 15.5% to RMB283.1 billion, driven by robust mobile and wireline data revenue growth.
- Mobile revenue increased 42.5% and accounted for over 41% of total revenue, led by strong 3G subscriber and data usage growth.
- Wireline revenue grew 1.8% despite a 12.9% decline in voice revenue, as data and integrated information services offset this decline.
- EBITDA declined 6% due to a leasing fee related to the acquisition of CDMA network assets, but this acquisition is expected to significantly improve future profitability.
- Capital expenditures remained high at R
- The document is the annual report of China Southern Airlines Company Limited for the year 2012. It provides financial highlights and consolidated income statement comparing results for 2012 and 2011.
- Total operating revenue for the Group increased 10% to RMB99.5 billion in 2012 compared to 2011. Net profit increased by 14% year-on-year.
- All major categories of operating expenses increased in 2012 compared to 2011, with the largest increases in flight operations (13% increase) and aircraft and traffic servicing (14% increase). General and administrative expenses declined by 14%.
- Total operating expenses for the Group increased 10% to RMB95.8 billion in 2012.
This document is Sinopec Corp.'s 2012 annual report. It includes information such as the company's principal operations in exploration and production, refining, marketing, chemicals and more. It also provides key financial data for 2012 such as operating income, net profit, assets and liabilities. The report discloses changes in the company's share capital and its top shareholders. It aims to provide shareholders and investors an overview of Sinopec Corp.'s business and financial performance in 2012.
1) China Nepstar Chain Drugstore Ltd. is China's largest drugstore chain by number of directly operated stores, with over 2,100 stores across 73 cities as of December 2012.
2) In 2012, the company reported revenue of RMB2.55 billion and net income of RMB90.1 million. Private label products contributed over 70% of revenue and 62% of gross profit.
3) The company's strategy is to first reengineer procurement through centralized purchasing and private labeling to achieve higher margins. Then it aims to improve store productivity by expanding product offerings and addressing broader customer needs.
CNOOC Limited provides a preview of its 2013 strategy, with the following key points:
1) The production target is set at 338-348 million barrels of oil equivalent, with 10 new fields in offshore China planned to come online.
2) An intensive exploration program includes drilling around 140 exploration wells and acquiring seismic data.
3) Capital expenditures are budgeted to increase to between $12-14 billion US, up 31-52% from 2012, with most spending allocated to development and production.
4) Major projects include the start-up of the Liwan 3-1 deepwater gas field and expansion of the Suizhong 36-1 field.
China Mobile reported its annual results for 2012. Key highlights included:
- Maintained over 700 million customers while voice usage grew 7.8%
- Data services revenue increased 53.6% and accounted for 29.7% of total revenue driven by rapid growth in wireless data traffic
- Operating revenue increased 6.1% while net profit grew 2.7%
- EBITDA margin was 45.3% and net profit margin was 23.1% reflecting stable and industry-leading profitability
China Green Agriculture produces and sells over 400 types of fertilizers and agricultural products. It has two production facilities in Xi'an and Beijing with a total annual capacity of 555,000 metric tons. The company has established a nationwide distribution network of over 900 distributors. China Green Agriculture aims to increase market share and revenue through expanding production capacity, acquiring other companies, developing new products through research, and strengthening its distribution network. The management team has experience in the fertilizer industry and capital markets.
The China Fund, Inc. (CHN) seeks long-term capital appreciation through investments in Chinese companies. As of March 31, 2013, its largest holdings were in information technology, financials, and industrials companies. For the month, the Fund outperformed its benchmark due to overweight positions in healthcare and underweight in materials, as well as stock selection in IT, healthcare, and industrials. Going forward, the manager expects earnings visibility to remain low until economic reforms spur stronger demand growth in China.
China Digital TV Holding Co. is the leading provider of conditional access (CA) systems in China's rapidly expanding digital TV market. The company has over 300 cable operator customers, 56.3% market share, and has shipped over 60 million smart cards. Management is highly experienced and the company has a long track record of innovation. While currently profitable, the company sees significant potential for growth as China's cable industry transforms to offer new services and as networks consolidate. The company aims to capitalize on these opportunities through new technologies and service offerings.
China Eastern Airlines reported its 2012 results with total turnover increasing 4.2% year-over-year to RMB86.973 billion. Operating profit rose slightly by 1.3% to RMB4.228 billion, while profit attributable to shareholders declined 35.4% to RMB2.954 billion. Passenger numbers grew 6.33% to 73.077 million but passenger load factor only increased 0.92 percentage points. Cargo revenue was largely flat declining 0.67% to RMB8.025 billion despite increases in available and revenue cargo tonne-kilometers. The company is transforming its cargo business by streamlining ownership structure and integrating freight resources.
Agria investor presentation apr 2012 web finaldgiplcorponline
Agria Corporation is an international agriculture company operating three businesses: International Seeds, China Seeds, and Agriservices. The investor presentation provides financial and operational details on each business segment for fiscal years 2010 and 2011. International Seeds is the leading supplier of forage seeds in the Southern Hemisphere with strong market positions in New Zealand, Australia, and South America. China Seeds focuses on edible and field corn seeds in China. Agriservices is New Zealand's pre-eminent rural services provider.
The document provides an investor presentation for 7 Days Group Holdings Limited from March 2013. It contains the following key points in 3 sentences:
1) 7 Days Group is a major economy hotel chain in China that has experienced rapid growth, opening over 400 new hotels in 2012 alone to reach over 1,300 hotels total.
2) The presentation outlines 7 Days Group's strategy of focusing on managed hotels to drive long-term profitable growth at lower risk and higher margins compared to leased-and-operated hotels.
3) Financial highlights show that 7 Days Group has achieved twelve consecutive profitable quarters since 2010 and increasing economies of scale are supporting ongoing profit and cash flow growth.
This document contains an investor presentation by Vipshop Holdings Limited. It discusses Vipshop's position as the leading online discount retailer for brands in China, leveraging a unique business model partnering with brands to sell excess inventory. It highlights Vipshop's rapid growth, loyal customer base, operational expertise, and financial performance including steady margin expansion. The presentation also outlines Vipshop's strategies to expand geographically, into new product categories, and channels to drive continued long-term profitable growth.
The document is an investor presentation for Biostar Pharmaceuticals, Inc. that outlines the company's business model, financial performance, growth opportunities, and priorities for 2011. Some key points:
- Biostar has a vertically integrated business model that includes R&D, raw material production, manufacturing, and distribution.
- The company has experienced strong revenue and profit growth in recent years and expects 20-25% revenue growth in 2011.
- Biostar's flagship product is Xin Aoxing, an OTC drug for hepatitis B that generated over $53 million in sales in 2010.
- Growth opportunities include increasing market share in China and other Asian countries for Xin Aoxing, as
The document provides an overview of Tianyin Pharmaceutical Inc. (TPI), a Chinese pharmaceutical company listed on the NYSE AMEX exchange. It summarizes TPI's financial performance from 2003-2012, describing its revenue growth from $0.4M to $69.6M, expanding product portfolio from 7 to 58 products, and increasing employees from 80 to 1,200 over that period. The document also outlines TPI's manufacturing facilities, sales and marketing network, product portfolio, management team, and future plans to relocate facilities and focus on higher-margin specialty products.
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
SATTA MATKA SATTA FAST RESULT KALYAN TOP MATKA RESULT KALYAN SATTA MATKA FAST RESULT MILAN RATAN RAJDHANI MAIN BAZAR MATKA FAST TIPS RESULT MATKA CHART JODI CHART PANEL CHART FREE FIX GAME SATTAMATKA ! MATKA MOBI SATTA 143 spboss.in TOP NO1 RESULT FULL RATE MATKA ONLINE GAME PLAY BY APP SPBOSS
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...my Pandit
Explore the fascinating world of the Gemini Zodiac Sign. Discover the unique personality traits, key dates, and horoscope insights of Gemini individuals. Learn how their sociable, communicative nature and boundless curiosity make them the dynamic explorers of the zodiac. Dive into the duality of the Gemini sign and understand their intellectual and adventurous spirit.
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...my Pandit
Dive into the steadfast world of the Taurus Zodiac Sign. Discover the grounded, stable, and logical nature of Taurus individuals, and explore their key personality traits, important dates, and horoscope insights. Learn how the determination and patience of the Taurus sign make them the rock-steady achievers and anchors of the zodiac.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
2. Disclaimers & Safe Harbor Statement
This presentation does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of
Trina Solar Limited (the “Company”) in any jurisdiction or an inducement to enter into investment activity, nor may it or
any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever.
The information herein has been prepared by the Company solely for use in this presentation. No representation,
warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy,
completeness or correctness of the information or the opinions contained herein. None of the Company or any of its
affiliates, advisors or representatives will be liable (in negligence or otherwise) for any loss howsoever arising from any
use of this presentation or its contents or otherwise arising in connection with the presentation.
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are
forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the
Company's activities; the effectiveness, profitability and marketability of its products; the future trading of the securities
of the Company; the period of time for which the Company's current liquidity will enable the Company to fund its
operations; general economic and business conditions; the volatility of the Company's operating results and financial
condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and uncertainties and are based on current
expectations, assumptions, estimates and projections about the Company and the industry in which the Company
operates. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring
events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company
believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that
such expectations will turn out to be correct, and the Company cautions investors that actual results may differ
materially from the anticipated results.
2
3. Fourth Quarter and Fiscal Year 2012 Performance Overview
Categories Fourth Quarter 2012 Full Year 2012
Module and System Deliveries 415 MW (+9.0% QoQ) 1.6 GW (+5.4% YoY)
Revenue (US$) $302.7 mil (+1.6% QoQ) $1.30 bil (-36.7% YoY)
Overall gross margin (%) 1.9%(1) 4.4%(1)
Operating margin (%) -23.3% -20.4%
Earnings per ADS -1.23 -3.77
(1) Includes write-downs and provisions
Quarterly Revenue and Shipment
436 425 Gross Profit and Gross Margin
419 415
380 380 8.4%
350 346 7.1%
303 5.8%
298
31.0 1.9%
29.0 0.8%
20.3
5.6
2.4
Q4 11 Q1 12 Q2 12 Q3 12 Q4 12 Q4 11 Q1 12 Q2 12 Q3 12 Q4 12
Revenue (US$, million) Shipment (MW) Gross Profit (US$, million) Gross Margin
3
4. Financial Highlights & Outlook
Q1 2013 Guidance FY 2013 Guidance
PV Module and System Delivery (MW) 420 - 430 MW 2 - 2.1 GW
Overall gross margin (%) Low single digit * −
* Includes write-downs and provisions
Annualized Manufacturing Capacity
Value Jun 30, 2012 Sep 30, 2012 End of Q4, 2012 End of Q1, 2013
Areas (MW) 1 (MW) 1 (MW) 1 (MW) 1 Obtained new CDB loan facilities in total amount of $250 million
Reduced inventory by $48.6 million, and accounts receivables by
$79.1 million, to $318.5 million and $390.2 million respectively
Modules 2,400 2,400 2,400 2,400
Repurchased $5.0 mil of July 2013 convertible senior notes,
resulting in a $0.6 mil gain (Dec. 2012: $83.6 mil CB principle balance)
Cells 2,400 2,400 2,400 2,400
Efficient manufacturing and supply chain management improved
Wafers 1,200 1,200 1,200 1,200 production costs, which was affected by under-utilization
(Total $0.61 per watt, Si and non-Si, excluding inventory effects)
Ingots 1,200 1,200 1,200 1,200
1. Based on average manufacturing yield
4
6. Sales Revenue Breakdown by Regions
Q3 2012: US$ 298.0 million Q4 2012: US$ 302.7 million
ROW, 4.1%
ROW 0.8% ROE, 4.0%
Japan 3.3% Japan, 7.2%
ROE
UK 2.5% 8.1% USA 14.5%
UK, 4.6% USA, 22.5%
India 7.1%
Greece, 2.8%
Australia Australia, 7.4% Germany,
8.2% 12.9%
China 13.5% Germany
38.9% China, 32.4%
Italy, 2.1%
Italy 3.1%
1. Geographical breakdown based on country record of sale, not end-installation
2. Includes sales to multi-regional developers
4Q 2012 Operational highlights:
Increased sales in growth markets: China, US, Japan, UK
Normalized G&A expense reduction from 2H-2012 streamlining and cost-cutting
Positive Operating Cashflow: $74.6 million
Cash Balances increased $215 million (to $918 million)*
* Cash and Cash Equivalents and Restricted Cash (December 31, 2012 )
6
7. FY 2012 Shipment Breakdown by Outlook
FY 2011 FY 2012
UK Japan
ROW 3.2% Belgium ROW 3.1% 3.0%
ROE 3.2% 2.0% 4.5%
ROE
5.7%
China
7.1% USA 21.5%
USA
25.5%
Spain
China
13.2%
12.9%
Germany
Italy 12.8% Germany
Australia 33.1%
37.0%
6.1%
Italy
6.1%
1. Geographical breakdown based on country record of sale, not end-installation
Commercial Strategies:
Continue expansion in new growth markets, e.g. China, Japan, Latin America, and the Middle East
Increased project related opportunities as PPA pricing approached with local grid costs
Projects Systems Business targeted 20% of 2013 Gross Revenue
7
8. Global Operations
Over 20 sales and service locations worldwide
New Delhi, India
China
Chengdu
Urumqi
Beijing
Midlands, UK Seoul, S. Korea
Ontario, Canada
Tokyo, Japan
Zurich
Regional HQ
San Jose, CA Europe HQ
N. America HQ Changzhou, Jiangsu
Munich Corporate HQ & Factory
Shanghai, China
Bangkok, Thailand
Madrid Penang
Milan Singapore
APMEA HQ
Santiago, Chile Johannesburg
Abu Dhabi, UAE
Sydney, AUS & NZ office
Corporate & Regional Headquarters
Regional Sales & Marketing Branches
8
9. Q&A Session
• Jifan Gao, Chief Executive Officer
• Terry Wang, Chief Financial Officer
• Zhiguo Zhu, SVP and President of Trina Solar Module Business Unit
• Thomas Young, Vice President Investor Relations
9
10. CHINA
KOREA
JAPAN
U.S.A.
GERMANY
ITALY
SPAIN
SWITZERLAND
AUSTRALIA
www.trinasolar.com