Memiontec Holdings Ltd. · SGX:TWL
Memiontec — Shareholder Meeting (April 2021)
19 slides from Memiontec's shareholder meeting presentation, Apr 12, 2021
Slide 1: Annual General Meeting 12 April 2021, 2PM
ANNUAL GENERAL MEETING 12 APRIL 2021, 2PM
Slide 2: Annual General Meeting agenda
ANNUAL GENERAL MEETING 1. BUSINESS REVIEW 2. FINANCIAL REVIEW 3. STRATEGIES & PLANS
Slide 3: Section 1: Business Review
TSEPC project: PAM Jaya Mookervaart Water treatment plant at Daan Mogot, Jakarta SECTION 1: TSEPC project: Replacement of BUSINESS REVIEW UF Membranes at Tuas South Desalination Plant, Singapore. BY MS SOELISTYO DEWI SOEGIHARTO BOOT project: 40%-owned MANAGING DIRECTOR Water treatment plant at Hutan
Slide 4: Memiontec – Corporate Profile
MEMIONTEC – CORPORATE PROFILE Long-established since 1996, well-diversified & renowned in the water industry ABOUT US OUR FOOTPRINT • One-stop water technology total solutions provider with > 20 years track record in the water industry. • Long established since 1996 in Singapore; expanded into Indon
Slide 5: Memiontec – Corporate Structure
MEMIONTEC – CORPORATE STRUCTURE Newly incorporated in 2020 © Copyright 2021 I Memiontec Holdings Ltd. All rights reserved I Confidential 5
Slide 6: Our Business Model
OUR BUSINESS MODEL CREATING SUSTAINABLE VALUE FOR SHAREHOLDERS Redefined business model since 2017 TSEPC of water OMS of water treatment treatment plants plants o Water/wastewater o Ongoing services for treatment solutions water plants owned, built o Water recycling solution and existing PUB works o
Slide 7: 2020 Key Developments & Performance
2020 KEY DEVELOPMENTS & PERFORMANCE - Successful IPO on 5 March 2020. Revenue and GP Margin GP Margin - SUBSTANTIAL RECOVERY from COVID-19 impact since 2H2020. Rev (S$’m) FY2018 – FY2020 (%) - RECORDED REVENUE in FY2020 at S$34.6m (2019: 29.5m). 40 29% 3-Year CAGR = 19% 34.6 30% 29.3 0.2 - 3-YEAR RE
Slide 8: Section 2: Financial Review FY2020 Results
FOCUSED CAPABILITIES SECTION 2: INNOVATIVE SOLUTIONS FINANCIAL REVIEW FY2020 RESULTS BY MR LOW KIAN BENG EXECUTIVE DIRECTOR © Copyright 2021 I Memiontec Holdings Ltd. All rights reserved I Confidential 8
Slide 9: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS POSITIVE GROWTH FROM FY2019 Movements (FY2020 vs FY2019) P&L PERFORMANCE(S$’000) FY2016 FY2017 FY2018 FY2019 FY2020 Amount % Revenue 16,067 20,825 24,456 29,305 34,606 5,301 18% Gross profit margin 23% 19% 29% 15% 15% - - Profit before income tax 1,339 925 5,464 567 1,687 1,
Slide 10: Revenue Performance
REVENUE PERFORMANCE 3-YEAR CAGR OF 19%, GEOGRAPHICALLY DIVERSIFIED Total Revenue (S$M) Revenue by Business Segment • Revenue 3-year CAGR = 34.6 TSEPC 18% 2% 4% 19%. 29% • Higher contribution from 0.60.1 29.3 OMS TSEPC projects and 6.2 24.5 0.1 1.2 FY2020 FY2019 Singapore market. Trading 20.8 • Indon
Slide 11: Profit & Loss and Cash Flows
PROFIT & LOSS AND CASH FLOWS HISTORICALLY PROFITABLE; HEALTHY LIQUIDITIY • PAT (incl. IPO exp) – Increase of S$1.0m or 323% in FY2020 compared to FY2019. • Cash flows increase of S$9.06m in FY2020. • PAT (excl. IPO exp) – Increase of S$0.4m or 28% in • Increase due to IPO net proceeds of S$7.0m, ban
Slide 12: Strong Financial Position & Capital Structure
STRONG FINANCIAL POSITION & CAPITAL STRUCTURE FINANCIAL POSITION (S$’000) FY2020 FY2019 FINANCIAL POSITION: TOTAL ASSETS – INCREASED by S$15.4m: Cash and bank balances 14,527 4,901 • INCREASE in CASH & BANK BALANCES by S$9.63m from IPO proceeds and bank borrowings. Total assets 37,464 22,066 • NON-C
Slide 13: Key Performance Indicators
KEY PERFORMANCE INDICATORS POST LISTING DIVIDENDS DIVIDENDS YIELD (%) 0.2 1.00% 0.15 0.80% 0.60% 0.1 0.40% 0.05 0.20% 0 0.00% FY2019 FY2020 Dividends (Singapore cents/share) Dividend yield • 2020 Dividend Payout – 25% on adjusted • EPS improved by 259% from 0.17 • NAV/share improved by 55% PAT (2019
Slide 14: Section 3: Strategies & Plans
SECTION 3: STRATEGIES & PLANS BY MR TAY KIAT SENG CHIEF EXECUTIVE OFFICER © Copyright 2021 I Memiontec Holdings Ltd. All rights reserved I Confidential 14
Slide 15: Business Strategies & Plans
BUSINESS STRATEGIES & PLANS MAXIMISING SHAREHOLDERS’ VALUE 1 EXPANSION IN EXISTING MARKETS 2 EXPANSION INTO NEW GEOGRAPHICAL SINGAPORE MARKETS • Public tenders for larger scale projects. Southeast Asia, and beyond, with strong • Industrial projects in TSEPC space for MNCs. demand for water. • OMS
Slide 16: Key Focus by Business Segment: TSEPC
BUSINESS STRATEGIES & PLANS KEY FOCUS BY BUSINESS SEGMENT TSEPC 1. TSEPC is main revenue driver for the Group. 1.1 Singapore segment (matured market): - Opportunities for NEWater plants & upgrading works. - 2020 - Won some decent size TSEPC projects during the year. - Future - Prudently select and s
Slide 17: Key Focus by Business Segment: OMS
BUSINESS STRATEGIES & PLANS KEY FOCUS BY BUSINESS SEGMENT OMS • OMS revenue mainly arises from Singapore market, SOW & Existing BOOT/ TOOT (3 projects): more opportunities for maintenance of WTP of Investments • BOOT under a JV (40% owned) at Hutan Kota, durations of 1-3 years. Jakarta, Indonesia –
Slide 18: More BOOT Investments & TSEPC - Indonesia
MORE BOOT INVESTMENTS & TSEPC - INDONESIA 1 2 TOOT BOOT 1 • Hutan Kota, Jakarta. • Waduk Pluit, Jakarta. 3 • Under operations - 25 yrs from • Under operations - 25 yrs from Nov Dec 2019. 2018. Pekan Baru • Our interest: 40%. • Our interest: 40%. Jambi 3 BOOT 2 Palembang Makassar 1 2 BOOT/TOOT • Peka
Slide 19: End of Presentation. Thank you!
End of Presentation. Disclaimer Statement: Thank you! This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of ris
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