Xmh Holdings Ltd. · SGX:BQF
Xmh — H1 2017 Earnings Presentation
19 slides from Xmh's earnings presentation, Dec 12, 2016
Slide 1: 1HFY2017 Results Presentation
1HFY2017 Results Presentation PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 2: Disclaimer
Disclaimer The information contained in this presentation (the "Information") is provided by XMH Holdings Ltd. (the "Company") to you solely for your reference and may not be retransmitted or distributed to any other person. The Information has not been independently verified and may not contain all
Slide 3: Presentation Outline
Presentation Outline Financial Highlights Outlook, Strategies and Recent Developments PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD 3
Slide 4: Financial Highlights
Financial Financial Highlights Highlights
Slide 5: Financial Summary
Financial Summary Group remained profitable but poor market sentiments and strong competition caused decreases in the top and bottom line Financial Highlights 2QFY2017 2QFY2016 % 1HFY2017 1HFY2016 % S$’000 S$’000 Change S$’000 S$’000 Change Revenue 25,083 25,794 (2.8) 44,509 49,558 (10.2) Gross Prof
Slide 6: Revenue
Revenue Revenue Quarterly Analysis S$’ million 120.0 1HFY2016 1HFY2017 S$49.6m S$44.5m 90.0 31.9 4Q 60.0 26.9 Decrease in Revenue 3Q 97.6 105.2 Project business 91.5 segment was affected 25.8 25.1 30.0 62.2 2Q by weak market sentiments 23.8 19.4 1Q - PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 7: Profitability Trend (Gross Profit / Gross Profit Margin)
Profitability Trend (Gross Profit / Gross Profit Margin) Gross Profit Gross Profit Margin S$’ million Quarterly Analysis 40.0 40.0% 1HFY2016 1HFY2017 S$12.6m S$9.2m 30.1% 30.0 30.0% 25.2% 26.0% 23.5% 25.4%* 7.3 4Q 20.6%** 20.0 20.0% Gross Profit and GPM 3Q 7.0 under pressure 27.3 27.6 22.9 Gross p
Slide 8: Profitability Trend (Net Profit / Net Profit Margin)
Profitability Trend (Net Profit / Net Profit Margin) Net Profit S$’ million Net Profit Margin 15.0 25.0% 13.0 Quarterly Analysis 15.3% 1HFY2016 1HFY2017 11.0 11.7% 15.0% S$3.6m S$0.3m 9.0 7.3%* 5.8% 5.7% 7.0 5.0% Lower Net Profit and NPM 11.4 3.3 0.7%** 5.0 9.5 4Q Net profit and NPM 1.0 3Q decreas
Slide 9: Profitability Trend (EBITDA / EBITDA Margin)
Profitability Trend (EBITDA / EBITDA Margin) EBITDA S$’ million EBITDA Margin 20.0 25.0% 19.4% Quarterly Analysis 18.0 1HFY2016 1HFY2017 16.0 14.2% S$5.3m S$4.0m 15.0% 14.0 10.1% 10.8% 8.5% 8.9% 12.0 10.0 5.6 5.0% Both EBITDA and EBITDA 4Q 8.0 Margin decreased 13.9 2.5 6.0 12.1 3Q Lower EBITDA and
Slide 10: Dividend Trend (Dividends / Dividend Yield)
Dividend Trend (Dividends / Dividend Yield) Dividend Singapore Cents Dividend Yield 3.0 10.0% 2.5 6.0% 5.0% 2.0 3.6% 3.1% 3.6% 5.0% 1.5 1.0 0.2 0.2 2.0* 0.0% 0.5 1.0 1.0 1.0 0.8 - -5.0% Dividend Special Dividends Dividend Yield * Group completed a 4-to-1 share consolidation on February 22, 2016. Div
Slide 11: Balance Sheet
Balance Sheet 31 October 2016 30 April 2016 Balance Sheet S$’000 S$’000 Property, plant and equipment 75,864 76,324 Intangible assets 14,790 15,373 Inventories 33,000 28,575 Trade and other receivables 24,030 33,493 Contract work-in-progress 15,918 14,644 Cash and short-term fixed deposits 20,321 12
Slide 12: Outlook, Strategies & Developments
Outlook, Outlook &Strategies & Developments Strategies
Slide 13: Outlook
Outlook Challenging operating environment • Softer demand and lower activity in traditional sectors • Intense competition across all segments pressuring profit margins Exploring opportunities in the region • Rise in coal prices and government driven policies may help boost activity in the region in
Slide 14: Growth Strategies
Growth Strategies Exploration of New Prudence, Productivity Revenue Streams and Economisation Securing new Capitalize on customers in larger working emerging markets area Concerted efforts Focus on efficient when pitching for practices projects • Expansion of supplier base • Establish assembly line
Slide 15: Recent Developments
Recent Developments • Feb 2016 – Completion of the move into the new facility − All segments completed the move into the new facility • Feb 2016 – Completion of Share consolidation exercise − Consolidation of every four (4) ordinary shares in the capital of the Company into one (1) Consolidated Shar
Slide 16: Recent Developments
Recent Developments • Jun 2015 – ZPA awarded with prestigious ABB Value Provider Certification − Certification recognises ZPA’s technical capabilities and management’s commitment to support ABB worldwide outside of Finland − Certification authorizes ZPA to market ABB products, build and assemble ABB
Slide 17: Share Statistics
Share Statistics Bloomberg code XMH SP EQUITY Reuters code XMHL.SI Share Price S$0.32 Market Capitalization S$35.6 million (111.3M shares) P/E 7.7x NAV per share S$0.62 Free Float 26.3% Substantial Shareholders Insiders 47.0% Credence Capital 18.8% Source: Company Statements Bloomberg as at 8 Decemb
Slide 18: Summary
Summary • Negative macro factors still persist − Traditional sectors that the Group operates in continue to be pinned down by softer demand and lower commodity prices − The resultant intensified competition in the market continues to drive margins downward • Business remained profitable − The Group’
Slide 19: Thank You
THANK YOU Investor Relations | Financial PR Pte Ltd | Romil SINGH | Jonathan YEOH T: +65 6438 2990 F: +65 6438 0064 | staff@financialpr.com.sg