Xmh Holdings Ltd. · SGX:BQF
Xmh — FY2015 Earnings Presentation
18 slides from Xmh's earnings presentation, Jul 8, 2015
Slide 1: FY2015 Results Presentation
FY2015 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, Strategies and Recent Developments PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD 3
Slide 4: Financial Highlights
Financial Financial Highlights Highlights
Slide 5: Financial Summary
Financial Summary FY2015 Revenue was weaker y-o-y due to slower sales from the Indonesian market; Gross Profit and GPM improved due to overall increase in margins and increased contribution from “projects” business; NPM remained stable Profit & Loss 4Q2015 4Q2014 Change % FY2015 FY2014 Change % S$’0
Slide 6: Revenue
Revenue Revenue Quarterly Analysis S$’ million 120.0 FY2014 FY2015 S$105.2m S$91.5m Decrease in Revenue 90.0 23.6 4Q Primarily due to the decrease 23.4 from both the “distribution” and “after sales” business 60.0 33.1 3Q segments amidst the weak 23.1 97.6 Indonesian market. 70.2 27.1 2Q 19.2 30.0 62
Slide 7: Profitability Trend (Gross Profit / Gross Profit Margin)
Profitability Trend (Gross Profit / Gross Profit Margin) Gross Profit S$’ million Quarterly Analysis Gross Profit Margin 40.0 40.0% FY2014 FY2015 S$27.3m S$28.0m 30.6% 30.0 27.8% 26.0% 30.0% 25.2% Higher GP and GPM 23.5% 6.7 4Q 8.3 Primarily due to the 20.0 20.0% higher contributions from 3Q the Gro
Slide 8: Profitability Trend (Net Profit / Net Profit Margin)
Profitability Trend (Net Profit / Net Profit Margin) Net Profit S$’ million Net Profit Margin 20.0 25.0% Quarterly Analysis Steady NPM 15.3% FY2014 FY2015 Net profit for 4Q2015 15.0 12.8% S$6.1m S$5.4m 15.0% reversed into a profit from 11.7% 4Q2014. However, FY2015 net profit 10.0 5.8% 5.9% fell 11.
Slide 9: Balance Sheet
Balance Sheet 30 April 2015 30 April 2014 Balance Sheet S$’000 S$’000 Property, plant and equipment 32,467 7,455 Intangible assets 15,570 10,241 Inventories 32,367 22,525 Trade and other receivables 30,882 15,380 Contract work-in-progress 9,443 10,805 Cash and cash equivalents 24,568 36,388 Loans an
Slide 10: Outlook, Strategies & Developments
Outlook &Strategies Outlook, Strategies & Developments
Slide 11: Outlook
Outlook Outlook remains volatile and challenging • Marco economic uncertainty • Slow down in offshore and marine industry • - - Prevalent weak oil prices Riding on country-specific developments • Singapore’s transition into a infocomm hub and increased healthcare spending in the region • Indonesia’s
Slide 12: Growth Strategies
Growth Strategies • Expansion of supplier base Securing • Securing new distributorships new customers in emerging markets Deploy Exploration marketing of New staff and establish Revenue representati Streams ves in new markets • Increase market share Build on synergistic value • Additions of ZPA and
Slide 13: Growth Strategies
Growth Strategies • New 7-storey facility • Establish assembly line for in- Capitalize on larger house brands working area Staying Focused Expand in- house range and of products Exercising and services Prudence • Working closely with identified Focus on stronger partners financials • Further develop
Slide 14: Recent Developments
Recent Developments • Jun 2015 – XMH secures new contracts worth over S$23.1 million − MPG secured two contracts in different industries, for a data centre and another for a healthcare centre totalling S$15.5 million − ZPA secured a total of six consecutive contract wins in the recent month totallin
Slide 15: Recent Developments
Recent Developments • Mar 2015 – Completion of ZPA acquisition − A profitable entity and immediately earnings accretive − Promote business growth leveraging on ZPA’s sales network and existing customer base − Gradually implement ZPA’s technical knowledge and capabilities into XMH − Complementary sui
Slide 16: Share Statistics
Share Statistics Bloomberg code XMH SP EQUITY Reuters code XMHL.SI Share Price S$0.20 Market Capitalization S$84.7 million (433.4M shares) P/E 16.25 NAV per share S$0.13 Free Float 22.0% Substantial Shareholders Insiders 50.7% Credence Capital 19.3% House Call / Target Price OSK-DMG (Lee Yue Jer) BU
Slide 17: Summary
Summary • Our business, especially “distribution” segment was weighed down by − The decline in oil prices and the uncertainty in macroeconomic factor − Slow economic growth in Indonesia • “Projects” segment performed well • Macro conditions will only recover gradually − Vietnamese marine industry is
Slide 18: 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