Media Chinese International Ltd · HKEX:685
Media Chinese International — Q2 FY2016/17 Earnings Presentation
31 slides from Media Chinese International's earnings presentation, December 2016
Slide 1: Media Chinese International Limited 2nd Quarter FY2016/17 Results Presentation
Media Chinese International Limited 2nd Quarter FY2016/17 Results Presentation December 2016
Slide 2: Agenda
Agenda (1) Overview (2) Performance Review • Market Highlights • Financial Performance • Financial Performance (excluding currency impact) (3) Digital Media Update (4) Outlook 1
Slide 3: (1) Overview
tex Agenda (1) Overview
Slide 4: Geographic Diversity
Geographic Diversity Media Chinese (Dual Primary Listed) Greater China Southeast Asia North America Digital Media Sin Chew Daily ● Websites MP Daily News (HK) Toronto Ming Pao China Press ● Mobile Applications Yazhou Zhoukan Vancouver Ming Pao Guang Ming Daily ● Pocketimes Over 10 ma
Slide 5: Market Leading Brands with Long History
Market Leading Brands with Long History Publishing since In publication for • Nanyang Siang Pau 1923 93 years • Sin Chew Daily 1929 87 years • China Press 1946 70 years • Ming Pao Daily News (Hong Kong Edition) 1959 57 years • Ming Pao Monthly 1966 50 years • Ming Pao Weekly 1968 48 years • Yazhou Z
Slide 6: Publishing – Newspapers and magazines
Publishing – Newspapers and magazines 5
Slide 7: Digital/New Media – e-Papers, e-Magazines, websites & mobile apps
Digital/New Media – e-Papers, e-Magazines, websites & mobile apps Online Media (Southeast Asia) Online Media (Hong Kong) Mobile Media Online Media (Mainland China) Online Media (Canada) 66
Slide 8: (2) Performance Review – Market Highlights
Agenda (2) Performance Review • Market Highlights 7
Slide 9: Market Share in Peninsular Malaysia and Hong Kong
Market Share in Peninsular Malaysia and Hong Kong Penisular Malaysia Period from 1 July 2015 to 30 June 2016 Chinese Newspapers Readership Ranking in Malaysia Sin Chew - Sin Chew Daily 1,332,000 No. 1 - Guang Ming Daily 198,000 No. 3 Nanyang - China Press 964,000 No. 2 - Nanyang Siang Pau 75,000 wit
Slide 10: Adex for Apr to Sep 2016 in Malaysia
Adex for Apr to Sep 2016 in Malaysia YTD Adex (Apr to Sep 2016) Total Adex (RM) Cinema In-store 0.4% Media Newspapers : 1,855m Radio 0.9% Magazines : 51m 12.9% 1.0% Magazines FTA 0.5% 15.5% TV (FTV) : 1,480m Pay TV : 5,947m Newspapers Radio * : 95m 34.0% 19.4% In-store media : 83m Cinema : 38m Pay T
Slide 11: Adex for Total Newspapers in Malaysia
Adex for Total Newspapers in Malaysia -14.0% -7.0% -15.6% 1,000 800 In RM 'million 600 -13.2% 400 200 0 Chinese English Malay Tamil Apr'16 - Sep'16 Apr'15 - Sep'15 (In RM' million) Chinese English Malay Tamil Total Apr'16 - Sep'16 528.8 765.2 551.3 9.3 1,854.6 Apr'15 - Sep'15 568.6 889.6 653.3 10.8
Slide 12: Share Of Chinese Newspapers Advertising Expenditure In Malaysia
Share Of Chinese Newspapers Advertising Expenditure In Malaysia For Apr to Sep 2016 NEWSPAPERS ADEX Others - West ENG Newspaper Malaysia 41.3% 2.7% MCIL Group 20.7% CHN Newspaper Others - East 28.5% Malaysia 5.1% BM Newspaper 29.7% Tamil Newspaper 0.5% Adex for Total Newspapers : RM 1,855 million Ch
Slide 13: Adex for Apr to Sep 2016 in Hong Kong
Adex for Apr to Sep 2016 in Hong Kong Adex (Apr to Sep 2016) Total Adex (HKD) Newspapers : 15,961m Magazines : 3,995m 15.9% TV : 15,124m Radio : 1,938m 15.0% Interactive : 6,298m Others : 6,278m Newspapers : -10.6% Magazines : -32.0% TV : -12.8% Adex (Apr to Sep 2016): HKD49,594m Radio : -9.4% Inter
Slide 14: (2) Performance Review – Financial Performance
Agenda (2) Performance Review • Financial Performance 13
Slide 15: Group Results Summary (unaudited)
Group Results Summary (unaudited) For 6 months ended 30 September (US$ million) 2016 2015 % Variance Turnover 168.3 197.3 -14.7% Profit before income tax 14.5 23.6 -38.3% Profit attributable to owners of the 10.2 16.5 -38.2% Company EBITDA 20.5 30.5 -32.6% EBITDA margin (%) 12.2% 15.5% -3.3% Net mar
Slide 16: Segment Results (unaudited)
Segment Results (unaudited) Turnover (US$ million) For 6 months ended 30 September 2016 2015 % Variance Malaysia & other SEA countries 85.8 98.0 -12.4% Hong Kong, PRC, Taiwan & North America 36.3 40.9 -11.2% Travel and travel related services 46.2 58.4 -20.9% Total Turnover 168.3 197.3 -14.7% PBT (U
Slide 17: Financial Position (unaudited)
Financial Position (unaudited) (US$ million) As at As At % Variance 30 Sept 2016 30 Sept 2015 Total assets 386.4 372.7 +3.7% Net assets 209.4 199.1 +5.2% Cash and cash equivalents 135.7 125.6 +8.0% Owners’ equity 204.1 193.0 +5.8% Net assets per share (US cents) 12.09 11.44 +5.7% Net gearing ratio (
Slide 18: Dividends
Dividends As at As At 30 Sept 2016 30 Sept 2015 PATMI (US$ million) 10.2 16.5 Dividend per share (US cents) 0.360 0.500 Dividend pay-out ratio (as a % of PATMI) 60% 51% Share price as at 28 Nov 2016 / 24 Nov 2015 RM0.660 RM0.605 Dividend yield as at 28 Nov 2016 / 24 Nov 2015 4.39% 7.02% 17 17
Slide 19: (2) Performance Review – Financial Performance (excluding currency impact)
Agenda (2) Performance Review • Financial Performance (excluding currency impact) 18
Slide 20: Group Results Summary (unaudited)
Group Results Summary (unaudited) Excluding YTD YTD currency US$ ’million FY2016/17 FY2015/16 +/(-) +/(-)% impact (Apr-Sep’16) (Apr-Sep’15) +/(-)% Revenues 168.3 197.3 (29.0) -15% -12% Expenses (158.4) (177.7) 19.3 11% 9% PBT 14.5 23.6 (9.1) -38% -35% EBITDA 20.5 30.5 (10.0) -33% -29% EPS (US cents)
Slide 21: Segment Profit Before Tax (unaudited)
Segment Profit Before Tax (unaudited) Excluding YTD YTD currency US$ ’million FY2016/17 FY2015/16 +/(-) +/(-)% impact (Apr-Sep’16) (Apr-Sep’15) +/(-)% Publishing & printing - Malaysia 16.2 21.1 (4.9) -23% -19% - HK, PRC & Taiwan (1.0) 0.3 (1.3) -406% -406% - North America (0.8) (0.8) (0.0) -2% -3% P
Slide 22: (3) Digital Media Update
Agenda (3) Digital Media Update 21
Slide 23: Digital Media – Malaysian Update: Sin Chew E-Paper
Digital Media – Malaysian Update Sin Chew E-Paper Achieved more than 121,000 e-subscriptions (for both day and night edition) since launched 22
Slide 24: Digital Media – Malaysian Update (cont'd)
Digital Media – Malaysian Update (cont’d) MCIL Malaysian Operations, total ..... 10.80m Unique Visitors per month 74.86m Pageviews per month ************** WEBSITES ************** 4.97m Facebook Followers 3.14m Video Views per month 23 Sources: Google Analytics in Sep 2016
Slide 25: Digital Media – Malaysian Update (cont'd)
Digital Media – Malaysian Update (cont’d) Top 20 Web Domains Visited from Mobile Devices in Malaysia CHINAPRESS.COM.MY ranked as the #7 web domain in June 2016 with 1,513,000 unique visitors (source: comScore Mobile Metrix) Screen View Jun-16 : 2.89 m Sep-16 : 8.86 m 206% (source: Google Analytics )
Slide 26: Digital Media – Hong Kong Update: Digital Performance (Ming Pao Daily News)
Digital Media – Hong Kong Update Digital Performance (Ming Pao Daily News) Online readership (2015 vs 2014) +74% (Source: Nielsen Media Index 2015 Year-end Report) Facebook page for mingpao.com instant news (Oct 2016) reached 280,932 fans for mingpao.com instant news and all together 15 facebook pag
Slide 27: Digital Media – Hong Kong Update (cont'd)
Digital Media – Hong Kong Update (cont’d) Digital Performance (Ming Pao Daily News) Pageview (Jul - Sep 2016 vs Jul - Sep 2015) +21% for mingpao.com as a whole including news, lifestyle and finance & self enhancement channels, amongst them followings are key engines for growth +34% for News platfo
Slide 28: (4) Outlook
tex Agenda (4) Outlook 27
Slide 29: Outlook Statement
Outlook Statement The Board expects that the Group’s operating environment in the second half of 2016/2017 will remain difficult and challenging. The publishing and printing segment is expecting increased competitive pressures from other media along with declining advertising expenditures. Moreover,
Slide 30: Thank you
ies Thank you
Slide 31: Forward Looking Statements
Forward Looking Statements This presentation includes certain forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that Media Chinese International Ltd expects or anticipates will or may occur in the future are forward
Media Chinese International — Q2 FY2016/17 Earnings Presentation on 6ix