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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 Sep, 2012 Jun, 2012 Mar, 2012 Dec, 2011
Sales 36,960 38,020 36,840 31,030 31,350
Sales Growth -2.79% +3.20% +18.72% -1.02% -19.82%
Net Income 2,430 3,590 2,070 290 570
Net Income Growth -32.31% +73.43% +613.79% -49.12% -85.71%
(Values in U.S. Thousands) Dec, 2012 Sep, 2012 Jun, 2012 Mar, 2012 Dec, 2011
Total Assets 220,140 214,200 205,690 200,070 209,260
Total Assets Growth +2.77% +4.14% +2.81% -4.39% +6.08%
Total Liabilities 73,210 70,630 64,390 60,040 69,810
Total Liabilities Growth +3.65% +9.69% +7.25% -14.00% +17.51%
(Values in U.S. Thousands) Dec, 2012 Sep, 2012 Jun, 2012 Mar, 2012 Dec, 2011
Operating Cash Flow 7,680 -9,999,000 -9,999,000 -2,940 13,330
Operating Cash Flow Growth +100.08% unch -340,002.04% -122.06% +100.13%
Net Cash Flow -27,580 -9,999,000 -9,999,000 -11,160 19,420
Change in Net Cash Flow +99.72% unch -89,496.78% -157.47% +100.19%
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