New Hoong Fatt Holdings Bhd. · MYX:NHFATT
New Hoong Fatt Holdings Bhd — Q4 2016 Earnings Presentation
32 slides from New Hoong Fatt Holdings Bhd's earnings presentation, Mar 13, 2017
Slide 1: New Hoong Fatt Holdings Berhad Q4 2016 Performance Update
NEW HOONG FATT HOLDINGS BERHAD Q4 2016 Performance Update 13 March 2017
Slide 2: Content
CONTENT 1 Corporate Profile 2 Group’s Mission 3 Overview of Corporate Structure 4 Overview of Organization Structure 5 Corporate Information 6 Overview of Corporate Strategy 7 5-Year Financial Summary 8 Financial Performance 4Q 2016 9 Market Outlook
Slide 3: Corporate Profile
1. CORPORATE PROFILE
Slide 4: Date of Incorporation and Stock Exchange Listing
Date of Incorporation : 2 April 1997 as a Public Company Stock Exchange Listing : Listed on 8 June 1998, Second Board Bursa Malaysia Securities Berhad : Transferred to Main Board on 2 July 2001 (now known as Main Market) Authorised Share Capital : RM100,000,000.00 Issued & Paid Up Capital : RM75,156
Slide 5: Group's Mission
2. GROUP’S MISSION
Slide 6: Mission
MISSION We provide a wide range of quality automotive parts to our customers through an integrated supply chain system
Slide 7: Corporate Structure
3. CORPORATE STRUCTURE
Slide 8: New Hoong Fatt Holdings Berhad Corporate Structure
NEW HOONG FATT HOLDINGS BERHAD 100% owned subsidiaries Manufacturing / Export Marketing / Distribution / Trading Investment Holding Auto Global MJ Manufacturing New Hoong New Hoong Fatt NHF NJ Manufacturing Jhi Soon Parts Industries SB Fatt Auto Industries SB Ventures SB Industries SB Manufacturing
Slide 9: Organisation Structure
4. ORGANISATION STRUCTURE
Slide 10: Organisation Structure
Executive Chairman Managing Director Overseas Human Resource Corporate Manufacturing Trading Operations
Slide 11: Corporate Information
5. CORPORATE INFORMATION
Slide 12: Quality Management System
“ We are committed to supply quality automotive parts that satisfy customer requirements consistently through continual improvement and meeting the “ Quality Management System New Hoong Fatt Auto Supplies Sdn Bhd Awarded ISO 9001:2008 Scope: Procurement, Warehousing, Sales and Distribution of Automo
Slide 13: Core Activities
Core Activities Automotive Parts for Replacement Market Group Business Metal Plastic Trading / Marketing Manufacturing Manufacturing
Slide 14: NHF distributes
NHF distributes: In-house automotive body parts (more than 2,000 items are manufactured in-house) Third-parties’ automotive parts (from local and overseas manufacturers)
Slide 15: Extensive distribution channel and exports
Extensive distribution channel of more than 1,000 wholesalers and retailers throughout Malaysia Exports to more than 50 countries in Asia, Central and South America, Europe and Africa
Slide 16: Local Trading Branches and Overseas Subsidiaries
Local Trading Branches Segambut Branch Headquarters - Klang Kota Kinabalu Branch Overseas Subsidiaries PT NHF Indonesia Ampire, Shanghai
Slide 17: Manufacturing Division
Manufacturing Division NHF manufactures automotive replacement body parts for REM (Replacement Equipment Market) i.e. retailers, wholesalers and workshops Grille Hood Lamp Fender Bumper Door
Slide 18: Manufacturing machinery
Die Spot Double Booster Press 3D Laser Welding & Cutting Machine Electro Deposition Line Hydraulic Press Line Plastic Chrome Plating
Slide 19: Manufacturing machinery
Photo Scanner CAD/CAM Vacuum Coating Milling Machine MIG Robot Injection Machine - Lamp Injection Machine - Bumper Hemming Robot
Slide 20: Corporate Strategy
6. CORPORATE STRATEGY
Slide 21: Strategic Thrusts
FY2015 - 2016 FY2017 - 2018 FY2019 - 2021 Fix the issues and Build New Businesses Consolidate and Strengthen the Core to Diversify Accelerate Growth Business Thrust 1: o Drive Sales Execution Excellence in Malaysia and Strengthen and Grow Indonesia Core Business o Explore and penetrate into new mark
Slide 22: 5-Year Financial Summary
7. 5-YEAR FINANCIAL SUMMARY
Slide 23: 5-Year Financial Summary
RM’000 2016 2015 2014 2013 2012 Revenue 231,894 207,226 200,596 210,604 217,467 Profit Before Taxation 36,810 26,570 17,900 27,357 27,669 Profit After Taxation 29,990 19,250 11,974 20,149 22,763 Total Assets 453,335 397,944 369,332 386,125 361,552 Net Cash / (Debt) (11,041) (4,987) (5,984) (10,365)
Slide 24: Financial Performance 4Q 2016
8. FINANCIAL PERFORMANCE 4Q 2016
Slide 25: Financial Performance 4Q 2016 vs. SPLY
Financial Performance 4Q 2016 vs. SPLY RM’000 4Q 2016 4Q 2015 Variance Comments Higher demand from both local Revenue 62,813 54,197 +15.9% • and overseas markets Gross Profit 20,348 14,878 +36.8% Gross Profit Margin (%) 32.4% 27.5% Other Operating Income 6,248 2,339 +167.1% Operating Expenses (13,20
Slide 26: Financial Performance 4Q 2016 vs. Preceding Quarter
FinancialPerformance Financial Performance4Q4Q 2016 2016 vs.vs. Preceding Preceding Q Q RM’000 4Q 2016 3Q 2016 Variance Comments Higher demand in the local as Revenue 62,813 54,479 +15.3% • well as overseas markets Gross Profit 20,348 15,017 +35.5% Gross Profit Margin (%) 32.4% 27.6% Other Operating
Slide 27: Financial Performance YTD 4Q 2016 vs YTD 4Q 2015
Financial Performance YTD 4Q 2016 vs YTD 4Q 2015 RM’000 YTD 2016 YTD 2015 Variance Comments • Higher demand in the local and overseas markets as well as Revenue 231,894 207,226 +11.9% favourable impact from foreign exchange rate. Gross Profit 67,977 58,908 +15.4% Gross Profit Margin (%) 29.3% 28.4%
Slide 28: Key Financial Information - YTD 4Q 2016
Key Financial Information - YTD 4Q 2016 RM’000 YTD 2016 YTD 2015 Variance Comments Higher revenue from both Profit After Tax 29,990 19,250 +55.8% • local and export markets Earnings Per Share (Sen) 39.90 25.61 +55.8% Operational Cash Flow (*) 18,937 10,034 +88.7% Shareholders’ Funds 372,911 330,047
Slide 29: Market Outlook
9. MARKET OUTLOOK
Slide 30: Local Market
Local Market o Passenger car population in Malaysia has been growing consistently o Malaysian Total Industry Volume (TIV) has grown steadily from 2011 onwards at the rate of around 4% o In 2016, the Malaysia’s TIV is 580,124 units 14.0 12.0 Car population (mil units) 10.0 8.0 6.0 4.0 2.0 0.0 93 94 9
Slide 31: ASEAN Automotive Market
ASEAN Automotive Market o Tremendous potential from AFTA trade liberalisation: Elimination of all import duties for ASEAN 10 Tapping a large 600 million population base ASEAN will be NHF’s home market o Thailand, Malaysia, Indonesia are the largest automotive markets in ASEAN TOTAL INDUSTRY VOLUME (
Slide 32: Thank You
THANK YOU www.newhoongfatt.com.my
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