Xmh Holdings Ltd. · SGX:BQF
Xmh — FY2018 Earnings Presentation
17 slides from Xmh's earnings presentation, July 2018
Slide 1: FY2018 Presentation
RESILIENCE FY2018 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 & Recent Developments PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD 3
Slide 4: Financial Highlights
Financial Financial Highlights Highlights
Slide 5: Financial Summary
Financial Summary Strong competition continued to weigh down performance but signs of recovery are starting to show with the Group securing several new order wins FY2018 FY2017 % Financial Highlights S$’000 S$’000 Change Revenue 72,886 90,151 (19.2) Gross Profit 17,814 21,794 (18.3) Gross Profit Mar
Slide 6: Revenue
Revenue Revenue Quarterly Analysis S$’ million 120.0 FY2017 FY2018 S$90.2m S$72.9m 90.0 26.1 4Q Decrease in Revenue Project and Distribution 60.0 17.9 105.2 108.4 19.5 3Q business segments affected 91.5 14.1 by competitive market 30.0 25.1 2Q 22.0 conditions, customers delay of collection and 19.5
Slide 7: Profitability Trend (Gross Profit / Gross Profit Margin)
Profitability Trend (Gross Profit / Gross Profit Margin) Gross Profit Gross Profit Margin S$’ million Quarterly Analysis 40.0 40.0% FY2017 FY2018 S$21.8m S$17.8m 30.1% 30.0 24.8% 30.0% 26.0% [VALUE]* [VALUE]** 20.0 20.0% Gross Profit and GPM 7.9 4Q 3.0 Gross Profit affected 27.3 27.6 26.9 3Q 4.2 4.7
Slide 8: Profitability Trend (Net (Loss)/Profit / Net Profit Margin)
Profitability Trend (Net (Loss)/Profit / Net Profit Margin) Net Profit S$’ million Net Profit Margin 10.0% 9.0 Quarterly Analysis 8.0% 7.3% Net Loss and NPM 5.8% 5.7% 7.0 FY2017 FY2018 6.0% S$1.6m^ S$(3.5)m Weak revenue, low 5.0 4.0% gross profit, reduced 2.0% finance income and 3.0 [VALUE]^ 6.1 5
Slide 9: Profitability Trend (EBITDA / EBITDA Margin)
Profitability Trend (EBITDA / EBITDA Margin) EBITDA S$’ million EBITDA Margin 20.0 25.0% Quarterly Analysis FY2017 FY2018 15.0 S$8.7m S$3.1m 12.4% 15.0% Lower EBITDA and 10.1% [VALUE]* 8.5% 10.0 [VALUE]** EBITDA Margin Lower EBITDA and EBITDA 2.0 4Q 5.0% 13.4 Margin due mainly to 5.0 8.9 9.3 2.7 3
Slide 10: Dividend Trend (Dividends / Dividend Yield)
Dividend Trend (Dividends / Dividend Yield) Dividend Singapore Cents Dividend Yield 3.0 4-to-1 share consolidation on 10.0% Feb 22, 2016 2.5 5.0% 2.0 3.1% 3.6% 5.0% 1.5 1.6% 1.0 0.2 2.0 0.0% 0.5 1.0 0.8 0.5 N/A - -5.0% Dividend Special Dividends Dividend Yield PRIVATE & CONFIDENTIAL © 2014 XMH HOLDI
Slide 11: Balance Sheet
Balance Sheet 30 April 2018 30 April 2017 Balance Sheet S$’000 S$’000 Property, plant and equipment 64,142 68,707 Intangible assets 11,094 11,833 Inventories 33,270 30,550 Trade and other receivables 14,284 23,068 Contract work-in-progress 7,293 4,254 Cash and short-term fixed deposits 24,001 25,618
Slide 12: Outlook, Strategies & Developments
Outlook &Strategies Outlook, Strategies & Developments
Slide 13: Outlook
Outlook Brighter horizons • Intense competition persists with near-term outlook remaining challenging • However, stabilisation of oil and coal prices have lifted the medium- term outlook, underpinning a slow recovery in upstream projects • Pick up in sales is expected to be gradual Charting a path t
Slide 14: Strategies
Strategies Distribution Business • New distributorship “BUKH” engines for fast craft vessel • Explore new territories such as Thailand, Sri Lanka, Bangladesh and Myanmar • New JV set up to manufacture and distribute transformers, generator sets and power solution products, as well as provide after s
Slide 15: Recent Developments
Recent Developments • Feb 2018 – Striking Off of Wholly-Owned Subsidiary, AceGen Pte. Ltd. • Feb 2018 – Sale and Purchase of Shares Agreement Relating to Disposal of Shares in Z-Power Automation Vietnam Co. Ltd. − Proposed disposal of 50% of the issued and paid-up share capital of Z-power Automation
Slide 16: Share Statistics
Share Statistics Bloomberg code XMH SP EQUITY Reuters code XMHL.SI Share Price S$0.225 Market Capitalization S$25.0 million (111.3M shares) Trailing P/E - NAV per share S$0.554 Free Float 26.4% Substantial Shareholders Insiders 47.0% Credence Capital 18.8% Source: Company Statements, Bloomberg as at
Slide 17: 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