Scientex Bhd. · MYX:SCIENTX
Scientex Bhd — Q1 2020 Earnings Presentation
21 slides from Scientex Bhd's earnings presentation, Dec 17, 2019
Slide 1: Corporate Presentation: 1Q20 Corporate Update & Financial Results
(Company No.: 7867-P) Powered by Twin Engines Corporate Presentation 1Q20 Corporate Update & Financial Results 17 December 2019 IR Adviser
Slide 2: Financial Performance
Powered by Twin Engines FINANCIAL PERFORMANCE
Slide 3: Revenue Performance
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Better sales performance from both manufacturing and property development in 1Q20… Revenue by segment 1Q20 revenue increased 22.9% on higher contribution Manufacturing from manufacturing and property segments Prope
Slide 4: Profit Performance
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix 1Q20 operating profit surges on robust all-round sales and positive contribution from recent business acquisition… 1Q20 operating profit increased 56.8% due to: Operating profit by segment Favourable manufacturin
Slide 5: Cash Flow
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix 1Q20 operating cash flow improves on efficient financial management in light of increased funding for expansion plans… Net cash used Net cash from operations in investing activities RM’m 1Q19 1Q20 558 380 392 323 154
Slide 6: Income Statement Summary
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix 1Q20 delivered 51% PATMI growth y-o-y… lower compared to 4Q19 due to preceding quarter’s exceptional results on product mix and timing of property completions RM'mil 1Q20 1Q19 Change Remarks Revenue 877.4 713.6 22.9%
Slide 7: Balance Sheet (Highlights)
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Comfortable net gearing of 0.31x even after recent acquisitions… As at As at Balance Sheet (RM ‘000) Remarks 31.10.2019 31.7.2019 Property, Plant & Equipment 1,291,107 1,247,750 Investment Property & Other Investment
Slide 8: Manufacturing Review
Powered by Twin Engines MANUFACTURING REVIEW
Slide 9: Segment Performance: Manufacturing
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Growth from organic and acquired businesses... Domestic revenue expands at quicker pace due to contribution from MPP under Daibochi Revenue Operating Operating Profit Profit Operating Profit Revenue RM’m RM’m Margin
Slide 10: Growth Plans: Manufacturing
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix Constant expansion of capacity and number of manufacturing facilities contributing positively to overall financial growth… Revenue Operating Profit (Quarterly) (Quarterly) 379.7 411.9 442.8 435.3 46
Slide 11: Growth Plans: Manufacturing
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix New market opportunities…sustainable flexible packaging a key focus for long term growth Film R&D Manufacturing & Innovation Quality & Efficiency Converting Global Reach Growth Plans: Manufacturing
Slide 12: Growth Plans: Sustainable flexible packaging for beverage brand
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix Commenced supply of sustainable flexible packaging to prominent local beverage brand in 1Q FY2020… optimistic on increasing market adoption Commercialized Group’s first sustainable mono- material la
Slide 13: Growth Strategies: Manufacturing
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix Continued innovation and adaptability to industry changes while adhering to sustainability requirements pivotal towards further progression… Growth supported by 19 manufacturing Efficiency Driven Op
Slide 14: Property Development Review
Powered by Twin Engines PROPERTY DEVELOPMENT REVIEW
Slide 15: Segment Performance: Property Development
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Resilient demand for affordable homes continues to drive positive growth… Revenue Operating Profit Operating Profit (Annual) RM’m (Annual) Operating Margin RM99.3m GDV RM’m 1Q20 new property launches 60.7% 58.4% yoy
Slide 16: Growth Plans: Property Development
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix Continuously consolidating presence across multiple states to further solidify reputation as a reliable property developer… Land acquisitions in 2019 Location: Penang (Tasek Gelugor) Enlarged develo
Slide 17: Growth Strategies: Property Development
Operations Review Growth Strategies Growth Strategies Financial Highlights Investment Merits Appendix A focus on developing affordable homes to stand out amongst other property developers… Vision 2028 Growth Strategies To deliver 50,000 affordable Focused on affordable housing homes to the publi
Slide 18: Investment Merits
Powered by Twin Engines INVESTMENT MERITS
Slide 19: Investment Merits
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix A high-growth proposition all-round... attractive proxy to the burgeoning packaging sector and Malaysia’s affordable property market Regional leader in total solutions for packaging •Among top producers of FPP in the
Slide 20: Dividend History
Operations Review Growth Strategies Financial Highlights Investment Merits Appendix Final dividend of 10 sen per share in respect of FY2019 to be paid on 10 January 2020… RM’mil 74.0% Dividend History 49.2%48.0% 49.8% 52.1% 36.6% 36.1% 33.4%35.9% 31.4% 28.7% 28.8%32.1% 31.7% 30.7%30.2%33.7%30.9% 26.
Slide 21: Thank You
Powered by Twin Engines Thank You Contacts: • Ms. Choo Pooi Luen plchoo@scientex.com.my T: 03-5524 8888/03-5519 1325 • Ms. Julia Pong julia@aquilas.com.my T: 03-2711 1391