G.h.y Culture & Media Holding Co., Ltd. · SGX:XJB
G.h.y Culture & Media — FY2022 Earnings Presentation
21 slides from G.h.y Culture & Media's earnings presentation, Feb 28, 2023
Slide 1: Financial Results Highlights for FY2022
Financial Results Highlights for FY2022 28 February 2023 1
Slide 2: Disclaimer
Disclaimer This presentation is prepared for information purposes only, without regard to the objectives, financial situation nor needs of any specific person. This presentation does not constitute an offer or solicitation of an offer to sell or invitation to subscribe for any securities nor shall i
Slide 3: Content
Content Sections 1 FY2022 Performance Summary 4 2 Business Strategies and Growth Plans 10 3 Appendix – Financial Statements for FY2022 17 4 Appendix – Company Overview 19 3
Slide 4: FY2022 Performance Summary
“Goddess Hotel 女神酒店” Section 1 FY2022 Performance Summary
Slide 5: Revenue Highlights for FY2022
Revenue Highlights for FY2022 COVID-19 measures in China impacted GHY’s revenue performance, while the Concert Production business rebounded strongly in FY2022 TV & Film Productions Concert Productions Others 83.3 7.6 S$ million 45.7 5.4 75.7 20.3 20.0 FY2021 FY2022 Revenue declined approximately S$
Slide 6: Gross Profit Highlights for FY2022
Gross Profit Highlights for FY2022 Higher contribution from the Group’s Concert Production business Gross Profit Breakdown 8% 33% FY2021 FY2022 S$21.8m S$14.2m (GPM: 26.1%) (GPM: 31.2%) 62% 5% 92% Gross profit margin increased to approximately 31.2% despite lower gross profit registered in FY2022: •
Slide 7: Profit & Loss Highlights for FY2022
Profit & Loss Highlights for FY2022 Recognised net foreign exchange loss of approximately S$8.8 million in FY2022 Profit / (Loss) for the year 3.5 S$ million (10.5) forex loss of S$8.8 million FY2021 FY2022 Proactively taken various initiatives to mitigate the overarching effects of the COVID-19 pan
Slide 8: Cash Flow Highlights for FY2022
Cash Flow Highlights for FY2022 Committed to disciplined execution and prudent capital management 46.2 7.4 26.0 FY2021 3.6 1.7 Net cash used in operating activities FY2022 Generated net cash of S$5.9 million from operating activities Net cash used in investing activities Net cash used in financing a
Slide 9: Resilient Balance Sheet with Net Cash Position
Resilient Balance Sheet with Net Cash Position Well-placed within the industry value chain to pursue organic and inorganic growth Net Working Capital Cash and Cash Equivalents 135.6 120.1 S$ million 38.7 36.8 As at 31 December 2021 As at 31 December 2022 Maintained a net working capital of approxima
Slide 10: Business Strategies and Growth Plans
Section 2 Business Strategies and Growth Plans “Strange Tales of Tang Dynasty 唐朝诡事录”
Slide 11: Eyes Turnaround and Growth in FY2023 with China's Reopening
Business operations expected to normalise in FY2023 with China’s reopening and further easing of COVID-19 measures Eyes Turnaround Good content slate expected in FY2023 for TV Program & Film Production business, with an expected increase in the number of short- and Growth in form drama productions i
Slide 12: Strong Pipeline of Dramas and Films in FY2023
Strong Pipeline of Dramas and Films in FY2023 Continued penetration in short-form video market • Collaborated with Beijing Zitiao Network (part of the ByteDance group) on three seasons of short-form drama series named “Goddess Hotel 女神酒店” which was released on Douyin (抖音, also known as TikTok) in se
Slide 13: Expansion of Concert Production Business
Expansion of Concert Production Business Production of more concerts to boost second growth engine PRC Japan Thailand Malaysia 1Q2023 Sold-out Jay Chou concerts in Singapore, Singapore Malaysia and Australia 4Q2022 China’s reopening will provide opportunities for the production of Jay Chou’s con
Slide 14: Nurturing future talents and bolster local talent
Nurturing future talents and bolster local talent Supporting our ambitions to expand our regional footprint Identify and promote talent across Southeast Asia • Provide valuable exposure to end- to-end production capabilities and opportunities to learn from industry professionals • Tie-ups with ind
Slide 15: Strong network of business relationships and partnerships
Strong network of business relationships and partnerships Across TV networks, video streaming platforms and other production companies • Increasing partnerships and collaborations across verticals • Bridging the cultural gap across borders Production Partners Platform Partners Platform Partners Aver
Slide 16: Directing our path to sustainable innovation and growth
Directing our path to sustainable innovation and growth Building an entertainment ecosystem to be a leading player in the Asia Pacific media and entertainment industry Ability to produce high Management bench strength Strong network of business Growing portfolio of artistes quality and well-received
Slide 17: Appendix
Section 3 Appendix “The Little Nyonya 小娘惹”
Slide 18: Financial Statements for FY2022
Financial Statements for FY2022 Group For the year ended 31 December 2022 31 December 2021 Change Change (Unaudited) (Audited) Increase / (Decrease) Increase / (Decrease) S$’000 S$’000 S$’000 % Revenue 45,732 83,319 (37,587) (45) Cost of sales (31,483) (61,564) (30,081) (49) Gross profit 14,249 21,7
Slide 19: Appendix: About GHY
Section 4 Appendix: About GHY “The Little Nyonya 小娘惹”
Slide 20: Leading player in the media and entertainment industry
Leading player in the media and entertainment industry Growth is supported by increasing internet penetration rates(1) Connecting people through innovative online video and content TV Program and Costumes, Props and Film Production Make-up Services and Concert Production Services Talent Management S
Slide 21: Overview of businesses and revenue models
Overview of businesses and revenue models Diversified business segments across the value chain Businesses Types of revenue models Working Partners / Customers / Artistes TV Program and Film 1. Engaged by the customer for production by the Group for a fixed fee Production 2a. Produced by the Group an
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