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Blaqclouds Inc (BCDS)

Blaqclouds Inc (BCDS)
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BCD Semiconductor Manufacturing Limited was incorporated in Bermuda in September 2000 and changed the jurisdiction of its incorporation to the Cayman Islands in April 2004. It is an analog IDM based in Greater China, specializing in the design, manufacture and sale of power management ICs. The Company's broad portfolio of power management ICs primarily targets rapidly growing, high-volume markets such as mobile phones, portable media players, LCD televisions and monitors, personal computers, adapters and chargers and other electronics products. As an IDM, it integrates product design and process technology to optimize product performance and cost. It offers system-level solutions with the quality, performance and reliability required by its customers. The Company's Greater China-based operations provide proximity to the rapidly growing electronics industry in Asia, enabling it to align its product development effort with customers and market trends and to provide timely and effective technical support. The Company's broad portfolio of analog power management products is comprised of 'standard' products and 'differentiated' products. The Company's standard products include ICs such as linear regulators and amplifiers. These differentiated products include AC/DC converter products, DC/DC converter products, audio power amplifiers and Hall ICs. The Company currently produces ICs in the following six analog product types: linear regulator, standard linear, AC/DC converters, DC/DC converters, Hall/FMD ICs and audio power amplifiers. The Company competes with global analog IDMs, such as Fairchild Semiconductor International, Inc., National Semiconductor Corporation, ON Semiconductor Corporation, Rohm Co., Ltd., STMicroelectronics N.V. and Texas Instruments Incorporated. It also competes with fabless analog IC manufacturers, such as Advanced Analogic Technologies Incorporated, Diodes, Inc., Monolithic Power Systems, Inc. and Power Integrations, Inc. Additionally, it competes with Taiwan-based fabless analog IC companies such as Advanced Analog Technology, Inc., Global Mixed-Mode Technology Inc. and Richtek Technology Corporation.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2012 Dec, 2011 Dec, 2010 Dec, 2009 Dec, 2008
Sales 142,840 139,860 132,830 0 0
Sales Growth +2.13% +5.29% unch unch unch
Net Income 8,380 13,460 20,430 0 0
Net Income Growth -37.74% -34.12% unch unch unch
(Values in U.S. Thousands) Dec, 2012 Dec, 2011 Dec, 2010 Dec, 2009 Dec, 2008
Total Assets 220,140 209,260 137,020 0 0
Total Assets Growth +5.20% +52.72% unch unch unch
Total Liabilities 73,210 69,810 62,900 0 0
Total Liabilities Growth +4.87% +10.99% unch unch unch
(Values in U.S. Thousands) Dec, 2012 Dec, 2011 Dec, 2010 Dec, 2009 Dec, 2008
Operating Cash Flow 7,680 13,330 0 0 0
Operating Cash Flow Growth -42.39% unch unch unch unch
Net Cash Flow -27,580 19,420 0 0 0
Change in Net Cash Flow -242.02% unch unch unch unch
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