Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — Aztech Group — FY2009 Earnings Presentation
29 slides from Singapore Exchange's earnings presentation, Feb 8, 2010
Slide 1: FY 2009 Financial Results Announcement
FY 2009 Financial Results Announcement 8th February 2010
Slide 2: Summary of FY 2009 Results
Summary of FY 2009 Results Diversification, financials & cost discipline produce improved results and healthy Balance Sheet Revenue $ 280.3 m $ 3.8 m Score Board (FY 2008: $276.5m) All business sectors were profitable Higher revenue contribution from materials Net Profit $ 15.4 m $ 3.2 m supply & ma
Slide 3: Enhanced Shareholder Value & Returns Over The Last 5 Years
Enhanced Shareholder Value & Returns Over The Last 5 Years Dividend pay-out proposed of 1.75¢ for Full Year 2009 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 S$112.33m* S$94.90m S$89.65m S$80.91m S$8.12m Shareholder equity S$64.65m S$8.02m S$7.21m Dividend pay-out S$2.01m S$6.14m Net asset value per shar
Slide 4: Key Data for Last 5 Years
Key Data for Last 5 Years FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 EPS 2.53 ¢ 4.94¢ 4.45¢ 3.01¢ 3.75¢ NAV 16.07 ¢ 19.78¢ 21.86¢ 23.78¢ 23.04¢ Share price 18.0 ¢ 23.0¢ 33.0¢ 10.0¢ 23.0¢ as at year end PE ratio 7.1 4.7 7.4 3.3 6.13 Dividend yield 2.8% 6.5% 5.3% 20.0% 7.61% Dividend pay-out 19.8% 30.4%
Slide 5: Resilient Through Economic Downturn
Resilient Through Economic Downturn Singapore’s GDP DP Source: Ministry of Trade
Slide 6: FY 2009 Performance
FY 2009 Performance Stronger earnings growth Y-o-Y Financial Performance Revenue By Business Sector Revenue (S$’m) Net profit (S$’m) 300 S$280.3m 24 S$276.5m 36% 58 22 FY 2009 % 250 1.4% 20 42 64% 18 % 200 S$15.4m 16 S$12.2m 14 150 12 10 FY 2008 100 26% 8 9% 91% 6 50 4 2 Electronics 0 0 Materials Su
Slide 7: Profit & Margin
Profit & Margin (S$’m) Gross profit 45 Operating profit S$40.5m Net profit 40 S$37.4m 35 Profit Margin 30 25 FY 2008 FY 2009 20 Gross margin 14.6% S$18.0m 13.4% 15 S$15.4m S$12.6m Operating margin 4.6% 6.4% S$12.2m 10 Net margin 4.4% 5.5% 5 0 FY 2008 FY 2009
Slide 8: 4Q 2009 Financial Review
4Q 2009 Financial Review |
Slide 9: Quarterly Performance
Quarterly Performance Revenue 28 Consecutive Quarters of Profitability Net Profit (S$’m) (S$’m) 100 10 S$86.7m S$75.3m 80 S$74.9m 8 S$71.1m S$69.0m S$61.5m S$67.6m S$6.1m 60 6 S$5.6m S$50.6m 40 S$3.9m 4 S$3.1m S$2.8m S$2.4m S$2.1m 20 S$1.6m 2 0 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2008 2009
Slide 10: Electronics Segmental Update
Electronics Segmental Update Electronics sector remains profitable driven by overall cost reductions & operational efficiency Revenue(S$’m) 80 S$69.0m S$65.1m S$60.0m S$58.9m 60 S$48.0m S$43.7m S$45.4m S$43.5m 40 20 0 2Q 3Q 1Q 2Q 3Q 4Q 1Q 4Q 2008 2009
Slide 11: Materials Supply & Marine Logistics Segmental Update
Materials Supply & Marine Logistics Segmental Update Contributed revenue & profitability to the Group Revenue(S$’m) 40 S$38.8m S$31.6m 30 S$24.2m 20 S$12.2m S$9.8m 10 S$5.2m S$1.5m 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2008 2009
Slide 12: Healthy Balance Sheet
Healthy Balance Sheet Exercise prudent financial discipline Assets Liabilities Current Current assets Liabilities Net working S$61.6m S$97.4m capital position S$35.8m Non-current liabilities S$21.2m Non-current assets S$97.7m Positive net asset position S$112.3m FY 08 FY 09 Financial ratios remain h
Slide 13: Strong Operating Cash Flow
Strong Operating Cash Flow Healthy cash position S$36.1m + S$29.9m Net operating Proceeds from share + S$11.6m cash inflow issue and others Group generates net operating cash inflow (FY 09 $29.9m Vs FY 08 $26.1m, up 14.5%) +S$12.7m - S$19.2m Cash generated from operations & working capital Net repay
Slide 14: Electronics Business: Aztech Electronics Pte Ltd
Electronics Business Aztech Electronics Pte Ltd
Slide 15: Electronics Operational Update
Electronics Operational Update Sales of Electronics and others : 4Q 2009: S$45.4m and FY 2009: S$180.6m Launched New Eco-friendly 200Mbps HomePlug, Aztech HL110E and World’s Smallest 85Mbps HomePlug, Aztech HL106E Diversified into LED lighting products in 4Q 2009, launched Aztech LED Luminaries prod
Slide 16: Electronics Sector Expanded Into LED Lighting in 4Q 2009
Electronics Sector Expanded Into LED Lighting in 4Q 2009 Aztech LED Luminaries under AZ E-lite Pte Ltd: 2-feet, 4-feet Lighting and Downlight
Slide 17: New Aztech LED Lighting Products
New Aztech LED Lighting Products Eco-friendly – Lower energy consumption & less greenhouse gas emissions, in line with Singapore’s commitment to reduce carbon emissions growth by 16% Cost-effective – Lower power consumption leads to lower electricity bills Long life span – Longer operating life mean
Slide 18: New Aztech HomePlug Wireless Extender
New Aztech HomePlug Wireless Extender World’s First Product to Extend Internet Reach & Coverage in Weak Wireless Spots @ Home and Office via Powerline Aztech HL110EW: 2-port Ethernet 200Mbps HomePlug Wireless-N Extender Wireless On/Off button Designed with two Ethernet available for additional ports
Slide 19: Full Range of Aztech Electronics Products
Full Range of Aztech Electronics Products NEW! ADSL2+ Modem Routers & Gateways NEW! 4-feet LED Lighting NEW! HomePlug Powerline Adapters 2-feet LED Lighting NEW! 3G / Wireless-N Routers & Adapters LED Downlight
Slide 20: Recent Media Coverage
Recent Media Coverage Nov 2009 Dec 2009 18 Jan 2010 Jan 2010 – Hardware Magazine, Malaysia – Quale Computer Magazine, Italy – The Business Times, Singapore – PC Media Magazine, Indonesia Q4 2009 Product Focus
Slide 21: Materials Supply & Marine Logistics Businesses
Materials Supply & Marine Logistics Businesses Az United Pte Ltd Az Marine Pte Ltd
Slide 22: Materials Supply & Marine Logistics Operational Update
Materials Supply & Marine Logistics Operational Moving Forward Update Successfully completed execution of Phase Two contract ahead of schedule and achieved a revenue of $96.6m (FY 2008 $23.5m) Able to take delivery of vessels and mobilize on a timely basis; as at 31 Dec 2009 11 tugs and 8 barges wer
Slide 23: Marine Logistics
Marine Logistics Operational Fleet of Az Marine Pte Ltd 11 Tugboats 8 Barges 1 Crane Barge 1 Support Vessel Az Sakura Az Fuzhou Az Hercules Az Jasmine Az Marigold Az Xiamen Az Sunflower Az Tianjin Az Carnation Az Dalian Az Peony Az Guangzhou Az Tulip Az Shanghai Az Lavender Az Chengdu 21 Vessels Az
Slide 24: Corporate Update
Corporate Update Aztech Group
Slide 25: Brand Sponsorship Events
Brand Sponsorship Events Nations Cup, National Pushcart Challenge International Netball Competition at Causeway Point Shopping Mall at Toa Payoh Stadium & Republic Polytechnic – Nov 2009 – Dec 2009
Slide 26: Our Strengths
Our Strengths Aztech Group
Slide 27: Strengths
Strengths Quarterly 28 consecutive quarters of profit from 2003 to 2009 Profit for 7 Years Healthy Net assets value of S$112.3m Balance Sheet Strong Cash Cash position of S$36.1m Consistent Dividend pay-out from 2005 to 2009 Dividend Pay-out Diversified Not reliant on one business sector Businesses
Slide 28: Disclaimer
Disclaimer This presentation should be read in conjunction with Aztech Group’s Results for the year ended 31 Dec 2009 in the SGXNET announcement. This presentation may contain certain forward-looking statements which are based on Aztech Group’s current views, intentions, plans, expectations, assumpt
Slide 29: Awards and Investor Relations Contact
Top 100 Singapore Brands by Brand Finance 2008 Most Transparent Company by SIAS 2006, 2007 & 2008 Best Investor Relations by Singapore Corporate Awards 2007 & 2008 For more information, please visit www.aztech-group.com Investor Relations: Pavani Nagarajah pavanin@aztech.com DID: +65 6594 2180