Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — Q4 2022 Earnings Presentation
20 slides from Drb-hicom Bhd's earnings presentation, 2023
Slide 1: 4Q2022 Financial Results
4Q2022 Financial Results Quarter Ended 31 December 2022
Slide 2: Disclaimer
Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any securities and neither this presentation nor anything contained in it shall form the basis of, or be relied on in connection with any contract or commit
Slide 3: Group's Performance Highlights
Group’s Performance Highlights For the Financial Year Ended 31 December 2022 Automotive Revenue up +25% to market Total assets share RM15.5 billion RM51.5 the highest revenue in the billion Group’s history TIV 2022 : 35.6% 31.12.2021: RM47.1 billion 720,658 units 2021: 37.7% 2021: RM12.4 billion Net
Slide 4: Revenue
Revenue For the Financial Year Ended 31 December 2022 RM million ▪ DRB-HICOM recorded the highest revenue in the Group’s history of RM15.5 billion in FY2022 as compared to RM12.4 billion last year mainly attributed to the following: +25% i. Automotive – Strong demand particularly from YoY growth PRO
Slide 5: Revenue Breakdown by Segments
Revenue Breakdown by Segments Automotive Postal RM million +35% RM million +2% YoY -20% -18% YoY YoY YoY -10% -9% QoQ 11,086.5 QoQ 8,197.7 1,232.8 1,500.8 3,079.9 3,409.2 3,023.1 274.5 302.4 342.5 4Q2022 3Q2022 4Q2021 2022 2021 4Q2022 3Q2022 4Q2021 2022 2021 Aerospace and Defence Services RM million
Slide 6: Profit Before Taxation
Profit Before Taxation For the Financial Year Ended 31 December 2022 RM million ▪ DRB-HICOM registered Profit Before Taxation (“PBT”) of RM410.0 million in 2022 compared to Loss Before Taxation (“LBT”) of RM291.3 million last year due to: i. Automotive – Significant turnaround from loss to profit by
Slide 7: Profit Before Taxation Breakdown by Segments
Profit Before Taxation Breakdown by Segments Figures in RM million 4Q2022 4Q2022 3Q2022 3Q2022 QoQ growth 4Q2021 4Q2021 YoY growth 2022 2022 2021 2021 YoY growth Automotive 152.5 287.6 -47% 326.8 -53% 578.1 99.8 +>100% Aerospace and Defence 59.3 21.9 +>100% 15.3 +>100% 76.4 8.5 +>100% Banking 41.9 8
Slide 8: DRB-HICOM's Automotive Market Share: 36% of TIV Malaysia
DRB-HICOM’s Automotive Market Share : 36% of TIV Malaysia Sold 256,149 vehicles in 2022 (2021: 191,745 units) Unit 136,026 111,695 80,290 256,149 units 53,031 2022 36% 2021 24,017 17,489 15,757 9,431 Total Industry Volume (“TIV”) 2022: 720,658 units 2021: 508,883 units Proton Saga Honda City Mitsubi
Slide 9: Operational Highlights: Automotive
Operational Highlights : Automotive Contribution to the PROTON, Automotive Distribution (“AD”) and Manufacturing & Engineering (“M&E”) 71% Group’s revenue in 2022 Revenue RM million +35% YoY growth 11,086.5 761.7 Automotive recorded higher revenue of 1,438.3 RM11,086.5 million in 2022 compared to +2
Slide 10: PROTON ended 2022 with the highest closing figure since 2013
PROTON ended 2022 with the highest closing figure since 2013 The Proton X50 continues to be the best-selling SUV in Malaysia Sold 141,432 cars YoY growth of 23%, 2021: 114,708 units Sales Breakdown 2022 19% market share second in the automotive sales table Exported 5,406 vehicles 39% a jump of 79% f
Slide 11: Operational Highlights: Aerospace and Defence
Operational Highlights : Aerospace and Defence Contribution to the CTRM and DEFTECH 6% Group’s revenue in 2022 Revenue RM million +41% YoY growth 874.9 Aerospace & Defence registered higher revenue in the current year largely due to: +98% i. CTRM recorded higher delivery of single- 314.8 YoY growth
Slide 12: Operational Highlights: Postal
Operational Highlights : Postal Contribution to the Pos Malaysia 8% Group’s revenue in 2022 Revenue RM million -18% YoY growth Lower Postal’s revenue of RM1,232.8 million recognised in 2022 compared to RM1,500.8 million in 2021 due to: -20% ▪ Decline in courier business following the YoY growth decr
Slide 13: Operational Highlights: Banking
Operational Highlights : Banking Contribution to the Bank Muamalat 8% Group’s revenue in 2022 Revenue RM million +14% YoY growth Banking posted higher revenue of RM1,268.3 million in 2022 compared to RM1,116.0 million in 2021 mainly due: +19% ▪ Higher financing income by Bank Muamalat YoY growth fro
Slide 14: Operational Highlights: Services
Operational Highlights : Services Contribution to the PUSPAKOM, DRB-HICOM University, Pos Aviation, Pos Logistics and others 5% Group’s revenue in 2022 Revenue RM million +5% YoY growth Services recorded higher revenue of RM734.8 million in 2022 compared to RM702.0 million in 734.8 2021 due to: -3%
Slide 15: Operational Highlights: Properties
Operational Highlights : Properties Contribution to the Property Concession and Property Development 2% Group’s revenue in 2022 Revenue RM million +30% YoY growth Properties recorded higher revenue of RM314.7 million in 2022 compared to RM241.2 million in 2021 due to : +19% YoY growth ▪ Higher sales
Slide 16: Balance Sheet Management
Balance Sheet Management As at 31 December 2022 Total Assets Total Equity & Total Liabilities 31 December 2022 31 December 2021 31 December 2022 31 December 2021 Property, Plant & Equipment 5.3 5.7 7.4 7.2 Equity attributable to owners of the company 1.4 1.4 RCCPS Banking Related Assets 30.6 26.7 1.
Slide 17: Group's Key Focus on ESG
Group’s Key Focus on Environmental, Social and Governance (“ESG”) Promoting sustainable development and profitable growth ENVIRONMENTAL SOCIAL GOVERNANCE Efficient use of natural resources and Compliance to labour standards and Integration of sustainability and climate- minimising carbon footprint r
Slide 18: ESG Global Index Benchmarking
ESG Global Index Benchmarking DRB-HICOM outperforms automotive sector and country average DRB-HICOM vs. Automotive Sector and Malaysia Average Environmental Themes Social Themes Governance Themes 5.0 5.0 5.0 4.0 4.0 4.0 3.0 3.0 4.6 4.0 4.0 2.0 2.0 3.2 3.5 2.9 2.6 2.8 2.6 2.4 2.5 2.1 2.1 2.1 2.1 1.2
Slide 19: Key Shareholders of DRB-HICOM
Key Shareholders of DRB-HICOM Percentage of shareholding as at 31 December 2022 75.6 76.2 76.5 76.2 76.3 2.8 3.5 3.7 3.7 3.7 6.3 6.0 6.1 6.1 6.3 10.6 10.8 10.8 10.5 10.4 55.9 55.9 55.9 55.9 55.9 31 December 2021 31 March 2022 30 June 2022 30 September 2022 31 December 2022 Etika Strategi Sdn Bhd Emp
Slide 20: Thank you
Thank you Investor Relations E invest@drb-hicom.com tel +603 2052 8194 / 8942 Level 5, Wisma DRB-HICOM, No. 2 Jalan Usahawan U1/8, Seksyen U1, 40150 Shah Alam, Selangor, Malaysia