Regina Miracle International (holdings) Limited · HKEX:2199

Regina Miracle International (holdings) — FY2021 Earnings Presentation

21 slides from Regina Miracle International (holdings)'s earnings presentation, June 2021

  1. Slide 1: FY20/21 Annual Results Presentation

    FY20/21 Annual Results Presentation June 2021

  2. Slide 2: Agenda

    Agenda 1 Business Review 2 Production Capability 3 Financial Highlights 4 Future Strategies 5 Investment Highlights

  3. Slide 3: Business Review

    Business Review

  4. Slide 4: Results Highlights in FY21

    Results Highlights in FY21 Revenue HK$5,974.3 million Gross Profit Adjusted EBITDA* Total Dividend (FY20: HK$6,341.0 million) HK$1,238.0 million HK$870.3 million HK$4.8 cents ⚫ Overall sales in 2H hit a record high for the same period Gross Profit Margin Adjusted EBITDA Margin Final: HK 3.3 cents 20

  5. Slide 5: Segment Results Overview

    Segment Results Overview Bras and Intimate Wear Functional Sports Products Revenue Gross Profit Gross Margin Revenue Gross Profit Gross Margin HK$3,968.1MM HK$835.4MM 21.1% HK$788.8MM HK$136.8MM 17.3% • 2H revenue up by over 60% compared to 1H • Double-digit y-o-y growth achieved for both • Resilien

  6. Slide 6: Production Capacity

    Production Capacity

  7. Slide 7: Strategic Layout of Production Facilities

    Strategic Layout of Production Facilities Vietnam - Continue to satisfy demand of the export market Shenzhen, China Hài Phò ng - Vietnam Singapore Industrial Park ⚫ Continue to support China-for-China demands from brand partners All-category production capability built with agility ⚫ R&D hub and pro

  8. Slide 8: Financial Highlights

    Financial Highlights

  9. Slide 9: Financial Highlights

    Financial Highlights Summary FY20 FY21 Change HK$’m Margin HK$’m Margin Revenue 6,341.0 5,974.3 -5.8% Gross Profit 1,440.7 22.7% 1,238.0 20.7% -14.1% Net Profit 290.0 4.6% 125.5 2.1% -56.7% EBITDA 969.7 15.3% 820.6 13.7% -15.4% Adjusted Net Profit* 290.0 4.6% 175.3 2.9% -39.6% Adjusted EBITDA* 969.7

  10. Slide 10: Financial Highlights

    Financial Highlights F2H21 F1H21 F2H21 Change HK$’m HK$’m Revenue 2,517.6 3,456.7 +37.3% Gross Profit 487.0 750.9 +54.2% Net (Loss)/Profit (32.4) 157.9 NA EBITDA 288.3 532.3 +84.6% Adjusted Net Profit* 12.1 163.2 +1,253% Adjusted EBITDA* 332.8 537.5 +61.5% F2H20 F2H21 Change HK$’m HK$’m Revenue 3,21

  11. Slide 11: Revenue

    Revenue HK$’MM 8,000 HK$’MM 6,000 7,000 6,341.0 5,974.3 5,000 6,000 602.5 649.6 677.1 5,000 4,000 788.9 3,456.7 567.7 276.2 4,000 3,000 398.1 2,517.6 335.3 3,000 373.4 5,061.4 2,000 390.8 2,000 3,968.1 232.4 2,447.1 1,000 1,000 1,521.0 0 0 FY20 FY21 F1H21 F2H21 Pandemic Prevention Products Functiona

  12. Slide 12: Gross Profit Margin

    Gross Profit Margin FY20 FY21 Gross Profit Margin 22.7% 20.7% Gross Profit Margin (excl. deprecation and amortisation) 28.2% 27.2% 12

  13. Slide 13: Gross Profit by Segment

    Gross Profit by Segment Bra Pads and Functional Sports Pandemic Prevention Bras and Intimate Wear Other Molded Products Products Products HK$MM HK$MM HK$MM HK$MM 1,600 23.4% 21.1% 300 21.3% 22.6% 300 18.7% 17.3% 300 -- 21.2% 1,183.8 1,200 200 200 200 835.4 144.2 136.8 137.4 800 128.3 112.7 100 100 1

  14. Slide 14: Operating Expenses and Finance Costs

    Operating Expenses and Finance Costs Operating Expenses to Total Revenue % of Total Revenue FY20 FY21 FY20 FY21 Distribution and Selling 2.6% 2.3% General and Administrative 10.5% 10.6% Research and Development 3.2% 3.3% 16.3% 16.2% Operating Expenses 16.3% 16.2% Operating Expenses (excl. depreciati

  15. Slide 15: Turnover Days and Gearing Ratio

    Turnover Days and Gearing Ratio As at 31 Mar 2021 Trade Receivables Trade Payables Turnover Turnover 55 31 Days Days Average trade Average trade receivables / Revenue * payable / Cost of 365 days Sales * 365 days Net Gearing Ratio Gearing ratio was calculated as net debt divided by total equity. Exc

  16. Slide 16: Future Strategies

    Future Strategies

  17. Slide 17: "Post-Pandemic" Key Industry & Market Trends

    “Post-Pandemic” Key Industry & Market Trends The global market landscape has been reshaped China’s swift recovery from the Resumption of normal retail market pandemic and huge market potential activities with notable shift in sales channel ❖ Enormous market development potentials, with a ❖ Most reta

  18. Slide 18: Future Strategies

    Future Strategies Maximizing Profit through Revenue Streams Diversifications + Production and Operational Efficiencies Improvement Innovation and Optimization of Product Strategies Market Diversification Production Layout and International market Capacity Management Leverage our strong capabilities

  19. Slide 19: Investment Highlights

    Investment Highlights

  20. Slide 20: Investment Highlights

    Investment Highlights Global Leader in the Industry Strategic Production Layout ⚫ A leading global intimate wear company with a Multi-regional production layout with growing unique Innovative Design Manufacturing business capacity to support international and China model demand ⚫ Strong and long-ter

  21. Slide 21: Q&A

    Q&A

Regina Miracle International (Holdings) — FY2021 Earnings Presentation on 6ix