Asia Enterprises Holding Ltd. · SGX:A55
Asia Enterprises — Shareholder Meeting (2025)
11 slides from Asia Enterprises's shareholder meeting presentation, 2025
Slide 1: Major Regional Distributor of Steel Products to Industrial End-Users
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION MAJOR REGIONAL DISTRIBUTOR OF STEEL PRODUCTS TO INDUSTRIAL END-USERS FY2024 ANNUAL GENERAL MEETING 1
Slide 2: Corporate Overview
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION CORPORATE OVERVIEW MAJOR REGIONAL STEEL DISTRIBUTOR Established since 1961 One of Singapore’s largest suppliers of steel products FOCUS ON END-USERS Focus on industrial end-users | Specialist in distribution of steel products to marine and off
Slide 3: Financial Summary
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION FINANCIAL SUMMARY REVENUE AND PROFIT IMPROVED IN FY2024 FY: Financial year ending 31 December 3
Slide 4: Group Revenue & Profit
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION GROUP REVENUE & PROFIT GROUP REVENUE (S$ M) GROSS PROFIT (S$ M) FY20 FY21 FY22 FY23 FY24 NET PROFIT (S$ M) Revenue decline 57% Decrease sales volume coupled with lower ASP GP margin softened Attributed mainly to lower ASP, in line with a decli
Slide 5: Revenue Breakdown by Customer Segment
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION REVENUE BREAKDOWN BY CUSTOMER SEGMENT SALES (S$ M) PERCENTAGE BREAKDOWN (FY24) 95.5M 4.7 M FY23 FY24 Decrease in customer orders from key markets due to slower orders further impacted by a decline in international steel prices: • Marine & offs
Slide 6: Revenue Breakdown by Geographical Market
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION REVENUE BREAKDOWN BY GEOGRAPHICAL MARKET* SALES (S$ M) PERCENTAGE BREAKDOWN (FY24) 95.5M FY23 FY24 • Sales to customers in Indonesia declined in FY24, due mainly to lower purchases of steel materials from shipyards due to extended project time
Slide 7: Dividend Track Record
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION DIVIDEND TRACK RECORD FINAL DIVIDEND OF 0.5 CENT FOR FY2024 Annual dividend payout of at least 40% since FY2005 Dividend per Dividend share (cents) payout 7
Slide 8: Balance Sheet
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION BALANCE SHEET FINANCIAL POSITION REMAINED SOUND AS AT 31 DECEMBER 2024 31 Dec 31 Dec Per Share 31 Dec EQUITY S$ M 24 23 (cents) 24 Cash 51.4 41.9 NAV 28.6 Debt 0.0 0.0 Cash 15.1 Net Cash 51.4 41.9 Inventory 5.7 SUMMARY (S$ M) FINANCIAL RATIOS
Slide 9: In Summary
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION IN SUMMARY • The weak macroeconomic environment, decreasing • The Group has, on 4 January 2025, entered into a sale and demand from steel-using sectors, particularly purchase agreement with Hung Lin Holding Ltd for the construction and automot
Slide 10: Safe Harbour for Forward-Looking Statements
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION SAFE HARBOUR FOR FORWARD-LOOKING STATEMENTS This presentation contains certain statements that are not statements of historical fact, i.e. forward-looking statements. Investors can identify some of these statements by forward-looking items suc
Slide 11: Asia Enterprises
ASIA ENTERPRISES HOLDING LIMITED FY2024 AGM PRESENTATION MAJOR REGIONAL DISTRIBUTOR OF STEEL PRODUCTS TO INDUSTRIAL END-USERS ASIA ENTERPRISES 3 Pioneer Sector Walk Singapore 627897 www.asiaenterprises.com.sg 11
Asia Enterprises Holding — Shareholder Meeting (2025) on 6ix