Uni-asia Group Ltd. · SGX:CHJ
Uni-asia — Shareholder Meeting (April 2021)
24 slides from Uni-asia's shareholder meeting presentation, Apr 30, 2021
Slide 1: FY2020 AGM Presentation
(eo) urasia fii GROUP LIMITED FY2020 AGM Presentation
Slide 2: Disclaimer
DISCLAIMER This presentation may contain forward-looking statements which can be identified by the context of the statement and generally arise when the Company is discussing its beliefs, estimates or expectations. Such statements may include comments on industry, business or market trends, projecti
Slide 3: Table of Contents
Table of Contents • FY2020 Financials Recap • FY2021 Plan
Slide 4: FY2020 Financials Recap
FY2020 Financials Recap
Slide 5: Exit of Hotel Operating Business
EXIT OF HOTEL OPERATING BUSINESS Due to COVID-19’s impact on Japan’s hospitality section, the Group disposed of controlling stake in the Group’s hotel operating business as announced on 26 June 2020. Accordingly, hotel operating business was deconsolidated from the Group’s financials. In addition, a
Slide 6: Full Year Profit and Loss
FULL YEAR PROFIT AND LOSS Restated (US$'000) FY2020 % Change FY2019 Total Income 45,943 (A) 54,545 (16%) Total Expenses (53,391) (B) (37,073) 44% Operating (Loss)/ Profit (7,448) 17,472 (143%) (Loss)/ Profit After Tax From Continuing Operations (13,606) 8,904 N/M Net (Loss)/ Gain From Discontinued O
Slide 7: Profit and Loss by Segments
PROFIT AND LOSS BY SEGMENTS Restated % (US$'000) FY2020 FY2019 Change Revenue 34,861 41,334 (16%) Shipping Net Profit / (Loss) (10,436) 3,543 N/M Property Revenue 10,846 13,154 (18%) (FY2019 adjusted without hotel operations) Net Profit / (Loss) 4,255 10,017 (58%) Vista Hotel Management - Deconsolid
Slide 8: Dividend
DIVIDEND • On 8 April 2019, the Group announced a target to pay out at least 40% of the Group’s FY2020’s profit as dividend, and dividend shall be paid semi-annually. • Regretfully, COVID-19 had disrupted the Group’s growth and dividend plans for 2020. • Notwithstanding the pandemic, the Group will
Slide 9: Dividend History
DIVIDEND HISTORY SG Cents Per Share Dividend Per Share In Singapore Cents (1) 5.00 4.00 4.67 4.17 4.17 4.17 4.17 4.20 3.00 3.33 2.00 2.00 1.00 1.00 - Note: FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 (1) Total number of shares used for computing dividend per share are adjusted for
Slide 10: Balance Sheet Summary
BALANCE SHEET SUMMARY As at As at (US$'mil) 31-Dec-20 31-Dec-19 Inc / (Dec) Total Assets 249.5 594.1 (344.6) Total Liabilities 130.1 468.0 (337.9) Total Equity 119.4 126.1 (6.7) Total Debt 114.0 *(A) 142.6 *(A) (28.6) Total Cash 35.5 *(B) 58.9 *(B) (23.4) Debt to Equity Ratio (Gearing) 0.95 1.13 (0.
Slide 11: Total Assets Allocation
TOTAL ASSETS ALLOCATION Total assets excluding right-of-use assets due to lease accounting 2.4% 8.3% 14.4% Maritime Investment 19.6% Property Investment 19.8% 63.4% 11.0% 61.1% Cash and Cash Equivalents Others US$’m As at 31 December 2020 As at 31 December 2019 Total assets excluding ROU assets 247.
Slide 12: Borrowings
BORROWINGS US$'m Borrowings as at End of Financial Year 500.0 Borrowings of hotel operating business were excluded in 400.0 FY2020 following the 300.0 disposal of controlling stake 216.8 164.3 185.4 180.7 200.0 66.5 142.6 54.5 54.3 69.2 114.0 100.0 71.3 44.4 109.8 131.1 150.3 111.5 71.3 69.6 - FY201
Slide 13: Cash Flows
CASH FLOWS (US$'000) FY2020 FY2019 Cash and cash equivalents at beginning of the year 56,089 43,462 Cash inflow / (outflow) Operating activities 6,805 39,343 Investing activities (3,265) 43,892 Financing activities (25,249) (71,037) Effect of exchange rate changes 1,097 429 Net cash (outflow)/ inflo
Slide 14: Cash Balance
CASH BALANCE US$'m Cash Balance excluding Pledged Deposits 60.00 56.09 50.00 43.46 40.56 40.00 35.55 35.48 30.33 30.00 20.00 10.00 0.00 Dec 15 Dec 16 Dec 17 Dec 18 Dec 19 Dec 20 Excluding hotel operations’ cash, total cash balance of the Group as at 31 December 2020 was still above the level as at e
Slide 15: FY2021 Plan
FY2021 Plan
Slide 16: Objectives for FY2021
Objectives for FY2021: Utilise capabilities across all assets to achieve V-Shape Recovery Deliver sustainable dividend yield and equity value to shareholders
Slide 17: Focus on Dry Bulkers
FOCUS ON DRY BULKERS In the past half a year, the Group had disposed of 3 out of the 4 containerships owned. Percentage Name of Containership Status Ownership 1 MV Ital Massima 50% SOLD 2 MV Ital Melodia 50% SOLD 3 MV Uni Florida 100% SOLD The Group is looking to dispose of the last containership in
Slide 18: Capitalise on Good Shipping Market
CAPITALISE ON GOOD SHIPPING MARKET 1450 BHSI Index – 1Q2021 vs 1Q2020 1250 1050 850 650 450 250 04 Jan 04 Feb 04 Mar 04 Apr 2021 2020 The shipping market including the dry bulk market had been exceptional in 2021. The Group strives to capitalise on the current market to achieve the best possible cha
Slide 19: Close Finance Arrangement Deals
CLOSE FINANCE ARRANGEMENT DEALS The Group specialises in fee-based finance arrangement transactions (including for ships and container boxes) and is working to close a few deals in 2021 so as to generate fee income for the Group. 19 19
Slide 20: Realise Returns on HK Properties
REALISE RETURNS ON HK PROPERTIES 4th Hong Kong Property Project 5th Hong Kong Property Project Market for sale of 4th and 5th Hong Kong projects is closely monitored so as to realise returns from these projects. 20 20
Slide 21: Continue with ALERO Projects
CONTINUE WITH ALERO PROJECTS The Group has built up a good reputation for our ALERO projects in Tokyo. We will continue to build on this good name to generate returns from ALERO projects. 21 21
Slide 22: Increase Assets Under Management
INCREASE ASSETS UNDER MANAGEMENT JPY'billion UACJ’s Assets Under Management by Segment 31.0 30.4 26.3 26.0 23.9 21.0 14.2 16.0 16.0 13.0 9.2 10.2 9.4 8.0 11.0 5.8 6.9 5.4 6.8 9.0 5.2 6.0 2.8 3.0 4.3 2.5 2.6 1.0 (4.0) 2015 2016 2017 2018 2019 2020 Hotel / Hostel Residential Healthcare Total The Group
Slide 23: Explore New Business Opportunities
EXPLORE NEW BUSINESS OPPORTUNITIES The Group will leverage on our expertise across shipping and properties to explore new business opportunities and products so as to increase the Group’s income streams. 23 23
Slide 24: Thank You
(. UNI-ASIA GROUP LIMITED Thank You