Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — FY2016 Earnings Presentation
24 slides from Paramount Corp. Bhd's earnings presentation, Feb 10, 2017
Slide 1: Unaudited FY2016 Results
Unaudited FY2016 Results 10 February 2017 1
Slide 2: 4Q2016 & FY2016 Results
PARAMOUNT 4Q2016 & FY2016 Results
Slide 3: 4Q2016 vs 4Q2015 Financial Results
4Q2016 vs 4Q2015 Financial Results 4Q2016 4Q2015 +/- % Revenue RM'Mil 179.7 148.1 31.6 21% Profit before tax RM'Mil 37.8 22.7 15.1 67% EBITDA RM'Mil 45.4 27.6 17.8 64% Profit net of tax RM'Mil 31.9 16.5 15.4 93% Profit attributable to ordinary equity holders of the company RM'Mil 30.3 14.9 15.4 103%
Slide 4: FY2016 vs FY2015 Financial Results
FY2016 vs FY2015 Financial Results 2016 2015 +/- % Revenue RM'Mil 573.1 576.0 (2.9) -1% Profit before tax RM'Mil 112.5 101.7 10.8 11% EBITDA RM'Mil 140.9 126.6 14.3 11% Profit net of tax RM'Mil 88.7 74.2 14.5 20% Profit attributable to ordinary equity holders of the company RM'Mil 75.0 67.7 7.3 11%
Slide 5: Revenue
Revenue Revenue By Division (RM’Million) Property Revenue decreased marginally 0.2 0.8 Division by 2% due to: • Lower sales and progressive 600.0 billings from the Sekitar26 152.4 147.9 Business developments, 500.0 offset by; • Higher contributions from the Bukit Banyan, Sejati 400.0 Residences, Gre
Slide 6: Revenue - Contribution By Division
Revenue - Contribution By Division 2016 Revenue 2015 Revenue 27% 26% 73% 74% Property Education Property Education 6
Slide 7: PBT
PBT PBT By Division (RM’Million) Property PBT decreased marginally by Division 1% due to: • Higher losses from property 120.0 investment, offset by; 36.4 • Higher contributions from the 100.0 21.7 Bukit Banyan, Sejati Residences and Greenwoods 80.0 Salak Perdana developments, and • Recognition of re
Slide 8: PBT – Contribution By Division
PBT – Contribution By Division 2016 PBT 2015 PBT 21% 31% 69% 79% Property Education Property Education 8
Slide 9: Statement of Financial Position
Statement of Financial Position RM'000 31/12/2016 31/12/2015 Non-current assets 1,533,793 1,479,919 Current assets 484,918 450,304 Total assets 2,018,711 1,930,223 Current liabilities 450,695 377,484 Net current assets 34,223 72,820 Non-current liabilities 433,593 462,116 Total liabilities 884,288 8
Slide 10: Debt/Equity Ratio
Debt/Equity Ratio 31/12/2016 31/12/2015 RM'Mil RM'Mil Borrowings 636.6 549.6 Cash & bank balances 149.2 149.6 Total equity* 1,134.4 1,090.6 31/12/2016 31/12/2015 Gross D/E ratio 0.56 0.50 Net D/E ratio 0.43 0.37 *Included Private Debt Securities of RM200 million Gross D/E Ratio = Total Borrowings/To
Slide 11: 5-Year Financial Highlights
5-Year Financial Highlights 11
Slide 12: 5-Year Financial Highlights
5-Year Financial Highlights Revenue (RM’Mil) PBT (RM’Mil) 800 120 100 600 80 400 60 40 200 20 0 0 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 Earnings Per Share (Sen) Net Assets Per Share (RM) 18.0 2.3 2.2 16.0 2.1 14.0 2.0 12.0 1.9 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 12
Slide 13: 5-Year Financial Highlights
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 12.00 52% 60% 50% 51% 48% 48% 10.00 50% 8.00 40% 6.00 30% 4.00 8.00 8.00 7.50 8.25 8.50 20% 2.00 10% - 0% 2012 2013 2014 2015 2016 A single tier final dividend of 6.00 sen per share was proposed for the financial year en
Slide 14: 2016 Highlights
PARAMOUNT 2016 Highlights
Slide 15: 2016 Highlights
2016 Highlights Property Division Education Division • Strong sales momentum seen across • Higher student number at KDU UC and most developments KDU College PJ; - New launch of Utropolis Batu Kawan, 1st phase of commercial properties • Gains of RM8.8 million recognized from registered take-up rate o
Slide 16: Total Landbank & GDV
PARAMOUNT TotalLlandbank & GDV
Slide 17: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Original Land Project GDV Size (Acre) (Million) Start End On going Developments Sekitar26 Business, Shah Alam 13.5 0 2013 2016 Paramount Utropolis, Glenmarie 11.8 330 2013 2023 Bandar Laguna Merbok, 500 3 1996 2016 Sungai Petani Bukit Banyan, Sungai
Slide 18: Total Landbank & GDV
Total Landbank & GDV Development Period Land Size GDV Project (Acre) (Million) Start End Projects in the Pipeline Sekitar26, Shah Alam 16.8 546 2017 2020 Section 13, Petaling Jaya 5.2 608 2017 2020 Jalan Goh Hock Huat, Klang 29.16 1,367 2017 2026 Machang Bubuk, Penang 65 324 2017 2025 Future Project
Slide 19: Prospect for 2017
PARAMOUNT Prospect for 2017
Slide 20: Prospects
Prospects • The weak consumer sentiment experienced in 2016 is expected to continue into 2017. The ringgit remains volatile, although BNM’s recent measures are expected to stablise the ringgit. In the property sector, the Bank’s stringent lending policies is not expected to ease anytime soon and wit
Slide 21: Prospects (cont’d)
Prospects (cont’d) • This product portfolio will be further supported by the rolling out of another two innovative concept developments in 2017. The first, in Section 13 in Petaling Jaya, will cater to those interested in investing in this mature and highly-accessible mid- town address complete with
Slide 22: Prospects (cont’d)
Prospects (cont’d) • In the tertiary segment, 2016 saw many new programmes being approved, ready for offering in 2017. Several articulation relationships were established with universities worldwide to provide more options for students who wish to continue their studies overseas. Efforts were also i
Slide 23: Disclaimer
Disclaimer Statement Regarding Unaudited Financial Information The unaudited financial information set forth above is preliminary and subject to adjustments and modifications. Disclaimer on Forward-Looking Statements This presentation may contain forward-looking statements that involve risks and unc
Slide 24: Thank You
eee Thank You
Paramount Corporation Berhad — FY2016 Earnings Presentation on 6ix