Xmh Holdings Ltd. · SGX:BQF
Xmh — 9M2014 Earnings Presentation
18 slides from Xmh's earnings presentation, Mar 18, 2014
Slide 1: In-house Brands/Solutions
In-house Brands/Solutions Leveraged on internal technical know-how to develop value-added products and customized solutions: • In-house range of marine and industrial power generating sets • Offers customers a choice between standardised and customised packages • A one-stop integrated solution to ve
Slide 2: After-Sales Services & Trading Activities
After-Sales Services & Trading Activities • Provision of after-sales services such as repair and maintenance o Supported by a team of skilled and experienced engineers and technicians • Sourcing and supply of spare parts and accessories o Achieve time-savings for customers by maintaining a ready sup
Slide 3: Key Competitive Strengths
Key Competitive Strengths • Wide product range of reputable brand names o Currently have distributorship agency or dealership arrangements for mainly 13 brands of products, covering a range of over 4000 product items o Recognised by Mitsubishi as its largest worldwide distributor for marine diesel e
Slide 4: Key Competitive Strengths
Key Competitive Strengths • Developed strong customer and supplier relationships over the years o Strong customer loyalty with high repeat sales averaging over 70% in the last three financial years o Key distributor of Mitsubishi for 17 years and running • Experienced and committed management team o
Slide 5: Financial Highlights
Financial Financial Highlights Highlights 19
Slide 6: P&L Snapshot
P&L Snapshot Profit & Loss 9M2014 9M2013 Change S$’000 S$’000 % Increase in revenue due to Revenue 81,592 67,995 20.0 contribution from MPG Group Gross Profit 20,555 16,831 22.1 In line with higher revenue & increase in sales of higher 25.2% 24.8% 0.4 pp Gross Profit Margin margin products Increased
Slide 7: Profitability Trend
Profitability Trend S$’ million 9M Analysis 30.0 30.0% 27.8% 27.8% 25.2% 24.8% 25.2% 23.5% 15.0 20.4% 22.9 20.7 19.5 20.6 15.7 16.8 9.9 - 15.0% Gross Profit Gross Profit Margin 21 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 8: Profitability Trend
Profitability Trend S$’ million 9M Analysis 20.0 30.0% 23.6% 15.0 20.0% 15.3% 10.0 12.8% 11.7% 11.7% 17.6 9.6% 8.1% 10.0% 5.0 11.4 7.9 9.0 9.5 7.9 5.3 - 0.0% Net Profit Net Profit Margin 22 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 9: Balance Sheet
Balance Sheet Balance Sheet 31 Jan 2014 30 April 2013 S$’000 S$’000 6,629 1,964 Property, plant and equipment Inventories 23,341 15,964 Trade and other receivables 25,230 6,638 Cash and cash equivalents 37,655 43,687 Total equity 60,093 44,200 Net gearing ratio Net cash Net cash Net asset value per
Slide 10: Outlook & Strategies
Outlook Outlook&& Strategies Strategies 25
Slide 11: Outlook
Outlook “Supported by a number of positive factors, including increased demand from domestic power plants coming online and continued demand from other parts of Asia, Indonesia’s coal production is likely to continue to grow over the coming years…” Source: http://www.thejakartapost.com/news/2014/01/
Slide 12: Outlook
Outlook “Foreign investors will be more willing to come back into the (Indonesian) market, assuming smooth and successful 2014 elections” “… hopeful that the new President will be market friendly, bringing reforms that should bode well for both longer-term economic growth and a sustainable market pe
Slide 13: Outlook
Outlook • Potentially benefit from continual growth in oil & gas sector o Increased offshore oil & gas exploration activities o Potential replacement of a number of supply vessels which are near their scrap age • Expected increase in demand for after-sales services and spare parts o Increase in dema
Slide 14: Growth Strategies
Growth Strategies • Expand in-house range of products and services o Further develop and market range of power generating units under trademark and strengthen project management services o Establish assembly line for in-house range of power generating sets and exhaust silencers o Acquisition and dev
Slide 15: Growth Strategies
Growth Strategies • Exploration of new revenue streams o Focus on expansion of supplier base and secure new distributorships from other manufacturers o Received orders for new products XMH currently represents o Increase market share in relevant markets by forming strategic partnerships of joint ven
Slide 16: Recent Developments
Recent Developments • Progress on the construction of the Group’s new premises o Acquired from JTC on total land area of 15,184 square metres o Construction is targeted for completion in 2015 o To accommodate new assembly and production lines o Increase general warehousing capabilities • Developed i
Slide 17: Recent Developments
Recent Developments • Aug 2013 – Contract win of S$4.6 million from a return Indonesian customer o Order is to supply engines, gearboxes and ACEGEN marine power generating sets • Oct 2013 – Completed acquisition of Mech-Power Generation Group o Acquisition is part of Group’s diversification plan o G
Slide 18: THANK YOU
THANK YOU Investor Relations | Financial PR Pte Ltd | Romil SINGH | Jonathan THEO T: +65 6438 2990 F: +65 6438 0064 | staff@financialpr.com.sg