Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — Q2 2015 Earnings Presentation
22 slides from Paramount Corp. Bhd's earnings presentation, Aug 26, 2015
Slide 1: Unaudited 2Q2015 Results
Unaudited 2Q2015 Results 26 August 2015
Slide 2: Contents
Contents 1. 2Q2015 & 1H2015 Results 2. 5-Year Financial Highlights 3. 2015 Highlights 4. Total Landbank & GDV 5. Prospects for 2015 2
Slide 3: 2Q2015 & 1H2015 Results
PARAMOVNT 202015 & 1H2015 Results
Slide 4: 2Q2015 vs 2Q2014 Financial Results
2Q2015 vs 2Q2014 Financial Results 2Q2015 2Q2014 +/- % Revenue RM'Mil 115.3 133.2 (17.9) -13% Profit before tax* RM'Mil 22.1 * 24.8 (2.7) -11% EBITDA RM'Mil 29.2 27.9 1.3 5% Net profit RM'Mil 15.7 18.2 (2.5) -14% Earnings per share Sen 3.33 5.05 (1.72) -34% Dividend per share Sen 2.50 2.50 0.00 0% *
Slide 5: 1H2015 vs 1H2014 Financial Results
1H2015 vs 1H2014 Financial Results 1H2015 1H2014 +/- % Revenue RM'Mil 280.3 232.0 48.3 21% Profit before tax RM'Mil 55.7 48.6 7.1 15% EBITDA RM'Mil 68.7 55.0 13.7 25% Profit net of tax RM'Mil 40.5 37.7 2.8 7% Profit attributable to ordinary equity holders of the company RM'Mil 37.3 37.7 (0.4) -1% Ea
Slide 6: 1H2015 vs 1H2014 Financial Results: Revenue by Division
1H2015 vs 1H2014 Financial Results Property Revenue increased by Revenue By Division (RM’Million) Division 24% due to: • Higher progressive 0.6 billings registered on the 300.0 Sejati Residences in 73.6 1.1 Cyberjaya, Utropolis in 250.0 Glenmarie and Sekitar26 Business in Shah Alam 65.3 200.0 develo
Slide 7: 1H2015 vs 1H2014 Financial Results: Revenue by Division (%)
1H2015 vs 1H2014 Financial Results Revenue By Division (%) 1H2015 Revenue 1H2014 Revenue 26% 28% 74% 72% Property Education Property Education 7
Slide 8: 1H2015 vs 1H2014 Financial Results: PBT by Division
1H2015 vs 1H2014 Financial Results PBT By Division (RM’Million) Property PBT increased by 19% due Division to the higher revenue. 65.0 Education PBT decreased by 6% due 55.0 12.3 Division to: 13.1 • Higher losses from the 45.0 Klang Valley operations stemming from higher 35.0 operating costs of 25.0
Slide 9: Statement of Financial Position
Statement of Financial Position RM'000 30/6/2015 31/12/2014 Non-current assets 1,165,599 1,111,446 Current assets 512,599 540,745 Total assets 1,678,198 1,652,191 Current liabilities 395,456 409,997 Net current assets 117,143 130,748 Non-current liabilities 314,637 290,350 Total liabilities 710,093
Slide 10: Group Debt/Equity (D/E) Ratio
Group Debt/Equity (D/E) Ratio 30/6/2015 31/12/2014 RM'Mil RM'Mil Borrowings 415.4 385.1 Cash & bank balances 145.4 192.3 Total equity* 968.1 951.8 30/6/2015 31/12/2014 Gross D/E ratio 0.43 0.40 Net D/E ratio 0.28 0.20 Included Private Debt Securities of RM100 million Gross D/E Ratio = Total Borrowin
Slide 11: 5-Year Financial Highlights
5-Year Financial Highlights
Slide 12: 5-Year Financial Highlights
5-Year Financial Highlights Revenue (RM’Mil) PBT (RM’Mil) 600 120 500 100 400 80 300 60 200 40 100 20 0 0 2011 2012 2013 2014 1H2015 2011 2012 2013 2014 1H2015 Earnings Per Share (Sen) Net Assets Per Share (RM) 30.0 2.2 20.0 2.1 10.0 2.0 0.0 1.9 2011 2012 2013 2014 1H2015 2011 2012 2013 2014 1H2015
Slide 13: 5-Year Financial Highlights: Dividend and Payout Ratio
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 80.00 60% 50% 51% 70.00 48% 47% 48% 50% 60.00 40% 50.00 40.00 30% 30.00 20% 20.00 10% 10.00 75.00 10.00 8.00 8.00 7.50 - 0% 2010 2011 2012 2013 2014 Note: • FY2010 based on RM1.00 par value • FY2011 & FY2014 based on RM0
Slide 14: 2015 Highlights
PARAMOVNT 2015 Highlights
Slide 15: 2015 Highlights: Property and Education Divisions
2015 Highlights Property Division Education Division New sales of 282 units of properties • New KDU University College with total sales value of RM237 million flagship campus at Utropolis, recorded in 1H2015. Glenmarie with increased capacity to drive organic growth of student Locked-in sales of RM4
Slide 16: Total Landbank & GDV
PARAMOVNT Total Landbank & GDV
Slide 17: Total Landbank & GDV: Ongoing Developments
Total Landbank & GDV Remaining Development Period Original Land Project GDV Size (Acre) (Million) Start End On going Developments Sekitar26 Business, Shah Alam 13.5 0 2013 2016 Paramount Utropolis, Glenmarie 11.8 532 2013 2023 Bandar Laguna Merbok, 500 46 1996 2015 Sungai Petani Kemuning Utama, Shah
Slide 18: Total Landbank & GDV: Pipeline and Future Projects
Total Landbank & GDV Development Period Land Size GDV Project (Acre) (Million) Start End Projects in the Pipeline Section 13, Petaling Jaya 5.2 726 2015 2020 Jalan Goh Hock Huat, Klang 29.16 1600 2016 2026 Batu Kawan, Penang 20 1300 2016 2026 Machang Bubuk, Penang 65 405 2017 2025 Future Projects Lo
Slide 19: Prospects for 2015
PARAMOVNT Prospects for 2015
Slide 20: Prospects for 2015
Prospects for 2015 Malaysia’s property market is experiencing a softened demand as buyers are still adjusting to the various cooling measures and implementation of GST. The Group is restrategising its property product offerings by adapting launches to suit market demand and offering attractively pri
Slide 21: Disclaimer
Disclaimer Statement Regarding Unaudited Financial Information The unaudited financial information set forth above is preliminary and subject to adjustments and modifications. Disclaimer on Forward-Looking Statements This presentation may contain forward-looking statements that involve risks and unc
Slide 22: Thank You
PARAMOVNT Thank You
Paramount Corporation Berhad — Q2 2015 Earnings Presentation on 6ix