2012 reached NT$471.8 million, up 39% MoM and up 188% YoY. Aggregate revenue from January to February of 2012 was NT$810 million, up 84% from the same period last year.
The company stated that driven by the progress of analogue to digital broadcasting transition in the Middle East and Europe, demands for High definition and Standard definition solutions have been growing continuously, resulting in record breaking February sales over the past 23 months.
ALi announced earlier this month that aiming to provide Chinese TV operators more optimized choices from high-end to entry level, it will be showcasing some of the industry’s best performing and commercially available HD STB solutions at the upcoming 2012 CCBN (China Content Broadcasting Network) trade show to be held in Beijing, on March 21st. These include a specialized HD platform suited to the three-network convergence, an advanced HD solution offering two-way communications, and an SoC for HD ASO (Analogue switch off).
ALi has been targeting emerging countries for Pay-TV operator business since three years ago, among which the China domestic market stands out. To date, more than 100 cable operators in 23 first–level administrative divisions of Mainland China have adopted ALi’s STB solutions.
Consolidated Sales Report, February 2012 (in NT$1,000)
|January to February||809,968||441,364||368,604||84%|
Year 2012 figures have not been audited.
ALi Corporation (3041 TT) today held its fourth quarter online earnings conference and announced that the company’s accumulated shipments of STB SoC have exceeded 300 million units, representing a CAGR of 43% since 2005 that far surpasses the industry average of 5%.
The company reported audited consolidated financial results for the fourth quarter ending December 31, 2011 with a revenue of NT$1.12 billion, a gross profit of NT$514.2 million, an operating income of NT$193.8 million, a net income of NT$148.6 million, and an EPS of NT$0.51.
On a year over year basis, fourth quarter revenue increased by 34%, while gross profit increased by 10%, operating income increased by 11%, net income decreased by 11% and EPS decreased by 5%. Compared to the third quarter of 2011, fourth quarter results represented a 19% increase in revenue, a 25% increase in gross profit, a 68% increase in operating income, a 46% decrease in net income, and a 45% decrease in EPS. All figures were prepared in accordance with R.O.C. GAAP.
The significant decrease in net income on a quarter over quarter basis was due to a NT$200 million non-operating income in the third quarter generated as a result of NT dollar depreciation and a one-time income tax refund of nearly NT$175 million.
The company stated that driven by a faster than expected standard definition to high definition migration around the world as well as the progress of analogue to digital broadcasting transition in the Middle East and Europe, fourth quarter revenue for Retail HD segment increased by more than 80% and even doubled for SD DVB-T segment.
As to the product line contribution to the fourth quarter revenue, STB and Digital Audio accounted for 92% and 8% respectively. On a quarter over quarter basis, STB increased by 40% while Digital Audio decreased by 56% due to a slow season effect.
Based on different market segments, ALi’s STB market can be categorized into Retail HD, Retail SD Satellite, Retail SD Terrestrial, and Operator, accounting for 48%, 32%, 12%, and 8% of ALi’s STB revenue contribution respectively.
In terms of geographical revenue breakdown, China accounted for 11% of ALi’s total STB revenue, while Emerging Countries for 48% and Europe/US for 41%.
Looking forward, the President, Ben Lin, stated that driven by new design-wins for Pay-TV business in the emerging countries as well as a strong demand for Retail HD solutions, continuing growth in the first quarter of 2012 is foreseeable especially in Retail HD, Operator, and Retail SD Terrestrial segments. Digital Audio is still in slow season. Guidance for the first quarter revenue is expected to be between 9% and 17% increase quarter on quarter, while gross profit margin between 47% and 48% and operating margin between 17% and 20%.
ALi Corporation, a leading Set-Top Box (STB) system-on-chip (SoC) solution provider, today announced that the company’s accumulated shipments of STB SoC have exceeded 300 million units, representing a CAGR of 43% since 2005 that far surpasses the industry average of 5%.
“We are very pleased with our continuing success and the whole company is excited that we have climbed over another hill,” said Ben Lin, President of ALi Corp., “since our first shipment of STB SoC in 2005, we have been expanding our product portfolio from Satellite, Terrestrial, Cable to IP based STB. As of the end of 2011, more than 120 Pay-TV service providers worldwide, Chinese domestic operators included, had adopted our STB solutions and we are still progressively gaining market share in this segment. Furthermore, our first OTT (Over-the-top) SoC went into mass production in late 2011 and we are getting positive feedbacks from customers all over the world. We believe this is one of our major growth drivers in 2012.”
ALi is known for its capabilities to develop best-of-breed total solutions which deliver unparalleled performance with optimised cost structure. These solutions have been widely deployed for analogue to digital signal broadcasting transition globally, as well as adopted by new digital TV services across emerging countries. Over the last couple of years, ALi identified and invested in three important industry trends, including Standard Definition to High Definition broadcasting migration, IP based STB emergence, and Pay-TV business model expansion. As a dedicated global leading STB SoC provider, ALi is always in sync with industry trends and quick in responding to customer needs. Looking forward, the company is well positioned to ride the wave with full throttle.
“With our proven track records over the past seven years, we are confident and committed to delivering best values to customers and consumers” said Ben Lin, President of ALi Corp.
ALi Corporation (3041 TT) today announced that the total consolidated revenue for January 2012 reached NT$338.2 million, down 28% MoM and up 22% YoY.
The company stated that driven by the progress of analogue to digital broadcasting transition in the Middle East and Europe, January sales number has continued the growth momentum since fourth quarter of last year and was close to the performance of monthly sales in a peak season, despite fewer working days during the Chinese Lunar New Year holidays.
ALi Corp. is currently taking part in the trade show of CSTB 2012, Moscow, demonstrating its second generation CA (Conditional Access) enabled SoC. The newly launched SoC provides advanced security protection with a compelling cost structure to cable operators around the globe, especially those who engage in large-scale analogue to digital migration in emerging countries such as Russia, India, Latin America, and others.
ALi Corp. schedules to hold its fourth quarter 2011 online earnings conference call in Mandarin on February 14. The President, Dr. Ben Lin, will host the conference call to discuss the company’s financial results and business outlook. For more information, please visit the company’s website at www.alitech.com.
Consolidated Sales Report, January 2012 (in NT$1,000)
|January to January||338,212||277,475||60,737||22%|
Year 2012 figures have not been audited.
ALi Corporation. (3041 TT) announced it will webcast its fourth quarter 2011 earnings conference call on Tuesday, Feb. 14 at 3:00 p.m. Taipei Time in Mandarin. President, Dr. Ben Lin, will host the conference call to discuss the company’s financial results and answer questions from the investors.
A live Webcast of the conference call will be available through the Investor Relations section of the ALi website. Analysts or media representatives wishing to ask questions may use the toll numbers attached below.
Event Title : ALi Corp, 4Q11 Investor Conference
Date : 2012-02-14 15:00:00 (Taipei Time)
Speakers : Ben Lin, President
Language : Mandarin
TW： 0080 113 6336
HK： 3005 2050
CN： 800 876 8626
UK： 0808 234 6305
US： 1866 549 1292
International Access：+852 3005 2050
Password : 168005#
The quarterly earnings press release will be published at the Company's website www.alitech.com 5 minutes prior to the conference call. Questions regarding this conference call may be directed to our Investor Relations Division at +886-2-8752-2000. Thank you.
ALi Corporation (3041 TT) today announced that the total consolidated revenue for December 2011 reached NT$467.5 million, up 36% MoM and up 64% YoY. Aggregate revenue from January to December of 2011 was NT$3.68 billion, down 11.4% from the same period last year.
The company stated that the continuous month-over-month sales increase was driven by new design-wins of Pay-TV business in the emerging countries as well as the progress of analogue to digital broadcasting transition in the Middle East and Europe, stimulating the retail market demand for HD and SD DVB-T STB (Set-top Box).
ALi issued a press release earlier this month announcing the availability of the new cable Pay-TV STB solution will be demonstrated at the CSTB 2012, Moscow in February. This is ALi’s second generation CA (Conditional Access) enabled SoC providing advanced security protection with a compelling cost structure to cable operators around the globe, especially those who engage in large-scale analogue to digital migration in emerging countries such as Russia, India, Latin America, and others.
Consolidated Sales Report, December 2011 (in NT$1,000)
|January to December||3,683,215||4,159,147||(475,932)||(11.4%)|
Year 2011 figures have not been audited.