Cwt International Limited · HKEX:521
Cwt International — FY2017 Earnings Presentation
29 slides from Cwt International's earnings presentation, April 2018
Slide 1: 2017 Annual Results Corporate Presentation
CWT International Limited (formerly known as HNA Holding Group Co. Limited) Stock Code: 521 2017 ANNUAL RESULTS CORPORATE PRESENTATION April 2018 -1-
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared for the sole purpose of providing an overview of CWT Pte. Limited (previously known as “CWT Limited”) (“CWT SG”) and CWT International Limited (the “Company”) to facilitate a general discussion of aforementioned (“Purpose”). It is p
Slide 3: CWT Int'l At a Glance
CWT Int’l At a Glance About Us Development Milestones of CWT Int’l CWT International Limited (“CWT Int’l” or the “Group”) is a HKEX Main Board listed company (Stock code:521.HK) headquartered in Hong Kong. In 2017, it acquired CWT Pte. Limited (formerly known as “CWT Limited”) (currently “CWT SG”),
Slide 4: 2017 Annual Results Highlights
2017 Annual Results Highlights Remarkable results after CWT Limited acquisition HK$'000 Revenue Gross profit Profit before taxation Profit attributable to owners of the Company 179,686 204,478 Significant 23,955,863 13,023% 811,162 1,263% 758% Profit 2016: 182,546 2016: 59,517 2016: 20,948 2016: (21
Slide 5: Business Overview
BUSINESS OVERVIEW C onnecti ng Worl d Trade -5-
Slide 6: Business Structure
Business Structure Warehousing and Integrated Logistics (WIL) Property management Industrial Sectors: Key revenue sources • Warehouses management • Chemical • Warehousing logistics • Property management • Industrial • Regional and local distribution • Food and Beverage and logistics Lifestyle • Proj
Slide 7: Logistics & Engineering Services
Logistics & Engineering Services Logistics Engineering Logistics Engineering Services Services Leading logistics solutions provider for worldwide customers in Trusted engineering services provider in logistics commodities, chemical, petrochemical, marine, oil & gas and facilities and properties indu
Slide 8: Commodity Marketing
Commodity Marketing Logistics Engineering Commodity Marketing Services Services A commodity marketing division of CWT Int’l engaging in energy products, metals and minerals trading. Commodity Financial Marketing Services One-stop solutions Pre-export Global contracting centers Main contracting cente
Slide 9: Financial Services
Financial Services Logistics Engineering Financial Services Services Services Financial and Commodities Derivatives 3 Clearing Memberships 1 • Full Clearing Members of the Chicago Group Exchanges (total 7 Commodity Financial • Futures and Options Marketing Services exchanges • Cleared OTC Products •
Slide 10: Investment Highlights
INVESTMENT HIGHLIGHTS C onnecti ng Worl d Trade -10-
Slide 11: Investment Highlights
Investment Highlights Reputable Leading NVOCC Strategically Entrenched in Warehouse Operator Operator in Asia Customers’ Supply Chains in Singapore Significant Global Experienced Well Positioned for Presence Management Team Future Growth 8 -11-
Slide 12: Reputable Warehouse Operator in Singapore
Reputable Warehouse Operator in Singapore Unmatched Scale in Singapore Presence in Overseas Geographies Manages one of the largest portfolio of logistics warehouses (by Manages 15.4mn sqft warehouse space in 14 countries worldwide GFA) Overseas warehouses are strategically located around key t
Slide 13: Leading NVOCC Operator in Asia
Leading NVOCC* Operator in Asia Global Freight Services(1) Global freight Extensive network forwarding network NORTH, CENTRAL 200 direct ports +100 AMERICA & 1,102 CARRIBEAN 135 178 1,600 inland offices globally 73 EUROPE 48 690 475 destinations 103 208 350 MIDDLE EAST ASIA SOUTH CENTRAL & SOUTH PAC
Slide 14: Strategically Entrenched in Customers' Supply Chains
Strategically Entrenched in Customers’ Supply Chains A Value Proposition Across Various Industries Loyal Customers Base Regional Distribution Hub (RDH) services: • In-plant logistics and hub management for leading chemical and Petrochemicals petrochemical companies & Chemicals Supply chain solutions
Slide 15: Significant Global Presence
Significant Global Presence Global Presence in 17 Countries Canada One of the world’s largest Switzerland South Korea independent traders of non- Turkey China Japan ferrous concentrates trading Nigeria Thailand Taiwan Mexico Malaysia business Singapore Peru Bolivia South Australia Chile Africa Count
Slide 16: Experienced Management Team
Experienced Management Team Guo Ke Xu Haohao Executive Director & Executive Director, Ding Lei Co-Chairman of the Board Co-Chairman of the Board Chief Executive Officer Mr. Guo is currently the Executive Director & Co- Mr. Xu is currently the Executive Director, Co- Mr. Ding joined in 2017 and is cu
Slide 17: Well Positioned for Future Growth
Well Positioned for Future Growth 4-folded Expansion Strategies Logistics & Engineering Commodity Financial M&A Services Marketing Services Continuous strengthening Continue to build upon OTC of supply chain brokerage services & existing Sharper Market management and logistics product suite (Ene
Slide 18: Financial Highlights
FINANCIAL HIGHLIGHTS C onnecti ng Worl d Trade -18-
Slide 19: 2017 Annual Results Highlights - 2
2017 Annual Results Highlights - 2 Business Gross Gross Profit Net Profit Segments Revenue Net Profit Profit Margin Margin （HK$ mn） Logistics 1,694 240 14.2% 162 9.6% Commodity Marketing 19,819 254 1.3% 24 0.1% Financial Services 1,920 116 6.0% 25 1.3% Engineering 200 33 16.5% 25 12.6% Overall 23,95
Slide 20: Development Strategies
DEVELOPMENT S T R AT E G I E S C onnecti ng Worl d Trade -20-
Slide 21: Development Strategies in China
Development Strategies in China Financial Hedging Products Industrial Chain Financing Service Commodity Commodity End Commodity CWT User Marketing Int’l Inventory Management Warehousing Service Integrated Platform Logistic Service Overseas Market PRC Market Belt and Road Belt and Road Initiative 16
Slide 22: Appendix
APPENDIX C onnecti ng Worl d Trade -22-
Slide 23: Appendix: Consolidated Statement of Profit or Loss
Appendix Consolidated statement of profit or loss and other comprehensive income For the year ended 31 December 2017 2017 2016 HK$'000 HK$'000 Continuing operations Revenue 23,955,863 182,546 Cost of sales (23,144,701) (123,029) Gross profit 811,162 59,517 Other income 77,513 21,422 Other gains, net
Slide 24: Appendix - 2: Other Comprehensive Income
Appendix - 2 Consolidated statement of profit or loss and other comprehensive income For the year ended 31 December 2017 2017 2016 HK$'000 HK$'000 Other comprehensive income Items that will not be reclassified to profit or loss: Exchange differences arising from translation of financial statements f
Slide 25: Appendix - 3: Profit Attribution and EPS
Appendix - 3 Consolidated statement of profit or loss and other comprehensive income For the year ended 31 December 2017 2017 2016 HK$'000 HK$'000 Profit/(loss) for the year attributable to owners of the Company - from continuing operations 115,621 (8,322) - from discontinued operations 88,857 (13,5
Slide 26: Appendix - 4: Statement of Financial Position
Appendix - 4 Consolidated Statement of Financial Position As at 31 December 2017 2017 2016 HK$'000 HK$'000 Non-current assets Property, plant and equipment 8,589,127 260,655 Land use rights 1,095,395 1,059,477 Investment properties 2,486,202 2,447,621 Intangible assets 420,969 - Interest in associat
Slide 27: Appendix - 5: Current Liabilities
Appendix - 5 Consolidated Statement of Financial Position As at 31 December 2017 2017 2016 HK$'000 HK$'000 Current liabilities Trade and other payables 7,845,311 122,448 Loans and borrowings 10,268,069 55,163 Convertible bonds 380,656 - Derivative financial instruments 1,074,659 - Current tax payabl
Slide 28: Appendix - 6: Non-current Liabilities and Equity
Appendix - 6 Consolidated Statement of Financial Position As at 31 December 2017 2017 2016 HK$'000 HK$'000 Non-current liabilities Loans and borrowings 4,079,350 1,232,692 Derivative financial instruments 567 56,167 Convertible bonds - 324,421 Employee benefits 71,163 - Deferred gains 195,386 193,90
Slide 29: Thank You!
THANK YOU! CWT International Limited (0521.HK) Suites 5811-5814, 58/F, Two International Finance Centre, 8 Finance Street, HK Tel: (852) 3151 5200 Fax: (852) 2505 9673 Email: ir@cwtinternational.com C onnecti ng Worl d Trade -29-