Xmh Holdings Ltd. · SGX:BQF
Xmh — Q1 FY2015 Earnings Presentation
17 slides from Xmh's earnings presentation, Sep 24, 2014
Slide 1: 1Q2015 Results Presentation
1Q2015 Results 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 & Recent Developments 1 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 4: Financial Highlights
Financial Financial Highlights Highlights 2
Slide 5: P&L Snapshot
P&L Snapshot Profit & Loss 1Q2015 1Q2014 Change S$’000 S$’000 % Increase in revenue due to Revenue 25,780 21,393 20.5 contribution from MPG Gross Profit 6,661 5,336 24.8 In line with higher revenue & increase in sales of higher Gross Profit Margin 25.8% 24.9% 0.9 pp margin products Increase due to i
Slide 6: Revenue
Revenue S$’ million 120.0 23.6 90.0 33.1 60.0 97.6 74.5 70.2 27.1 30.0 62.2 21.4 25.8 - 4 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 7: Profitability Trend (Gross Profit / Gross Profit Margin)
Profitability Trend (Gross Profit / Gross Profit Margin) S$’ million 30.0 30.0% 27.8% 27.8% 26.0% 25.8% 25.2% 23.5% 6.8 20.0% 9.0 15.0 22.9 9.9 19.5 10.0% 15.7 6.3 6.7 5.3 - 0.0% 5 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 8: Profitability Trend (Net Profit / Net Profit Margin)
Profitability Trend (Net Profit / Net Profit Margin) S$’ million 25.0 25.0% 23.6% 20.0 20.0% 15.0 15.3% 15.0% 10.0 12.8% 17.6 11.7% 3.5 10.0% 11.4 5.0 9.0 9.5 2.5 5.8% 5.4% - 2.7 1.4 5.0% -1.7 (5.0) 0.0% 6 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 9: Balance Sheet
Balance Sheet Balance Sheet 31 July 2014 30 Apr 2014 S$’000 S$’000 Property, plant and equipment 9,206 7,455 Inventories 23,725 22,525 Trade and other receivables 11,679 15,380 Contract Work-in-progress 14,822 10,805 Cash and cash equivalents 35,907 36,388 Total equity 59,557 58,381 Net gearing rati
Slide 10: Outlook & Strategies
Outlook Outlook&& Strategies Strategies 8
Slide 11: Outlook
Outlook • Proposed acquisition of Z-Power Automation ongoing o Increases presence in offshore industry o Strengthens regional exposure and operations o Increased technical knowledge and capabilities o Complementary suite of services • Potentially benefit from continual growth in oil & gas sector o I
Slide 12: Growth Strategies
Growth Strategies • Exploration of new revenue streams o Focus on expansion of supplier base and secure new distributorships from other manufacturers o Received orders for new products XMH currently represents o Increase market share in relevant markets by forming strategic partnerships of joint ven
Slide 13: Recent Developments (2014)
Recent Developments (2014) • August 2014 – Proposed acquisition of Z-Power Automation • June 2014 - MPG Group secures multiple contracts worth a total of S$10.57 million o Five contracts from a diverse range of local and regional customers secured from April to June • April 2014 – Breakthrough in Vi
Slide 14: Milestones
Milestones Acquired Mech-Power Generator Group (MPG) & made breakthroughs in the Vietnamese market Began construction for new facilities in Tuas for Secured distribution rights for a wider increased warehousing capabilities range of products and brands and began in-house value-added customisation Pr
Slide 15: Share Statistics
Share Statistics Bloomberg code XMH SP EQUITY Reuters code XMHL.SI Share Price S$0.29 Market Capitalization S$125.8 million (433.7M shares) P/E 26.9 NAV per share S$0.13 Free Float 22.0% Directors 58.0% Substantial Shareholders Credence Capital 19.3% Source: Bloomberg as at 23 Sept 2014 13 PRIVATE &
Slide 16: Analyst Calls
Analyst Calls House Call / Target Price OSK-DMG (Lee YueJer) BUY / S$0.42 NRA Capital (Joel Ng) NEUTRAL / $0.36 14 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 17: Thank You
THANK YOU Investor Relations | Financial PR Pte Ltd | Romil SINGH | Jonathan THEO T: +65 6438 2990 F: +65 6438 0064 | staff@financialpr.com.sg