New Hoong Fatt Holdings Bhd. · MYX:NHFATT
New Hoong Fatt Holdings Bhd — Investor Presentation (June 2023)
30 slides from New Hoong Fatt Holdings Bhd's investor presentation, June 2023
Slide 1: Corporate Presentation
NEW HOONG FATT HOLDINGS BERHAD Corporate Presentation June 2023
Slide 2: Corporate Overview
Corporate Overview One of the largest automotive parts >40 years of Manufactures Distributes to the whole suppliers in experience in the >3,300 automotive of Malaysia and Replacement automotive parts parts in-house, exports to >50 Equipment industry supplies >15,000 countries worldwide Manufacturers
Slide 3: Table of Content
Table of Content 01 Corporate Profile & Structure 02 Business Overview c 03 Financial Highlights 04 Outlook & Strategy 3
Slide 4: 1. Corporate Profile & Structure
1. Corporate Profile & Structure 4
Slide 5: Stock Information
Stock Information Stock Code : NHFATT/7060 Shariah Status : Shariah-compliant Share Price : RM2.90 (@ 15/6/23) Market Cap. : RM239.7 mil Listing : Main Market of Bursa Issued Cap. : 82.7 mil shares Malaysia Sector : Consumer Products & 52w Hi-Low : RM2.20 - RM3.00 Services (Automotive) 5
Slide 6: A Brief History on NHF: >40 years & counting
A Brief History on NHF: >40 years & counting Founded as a trading Listed on the Established trading Completed 1-for-10 company in 1977 & (then) Second branches in Jakarta & bonus issue in June carved a niche in the Board of Bursa. Shanghai 2018. REM market. 1977 1989 1998 2001 2011 2017 2018 2022 Ma
Slide 7: Corporate Structure
Corporate Structure p> NEW HOONG FATT HOLDINGS BERHAD 100% owned subsidiaries Operating Divisions [ Marketing/Distribution/Trading/Export ‘Auto Global International Sdn. Bhd. New Hoong Fatt Auto Supplies Sdn. Bhd. 99.8% | Manufacturing ‘Auto Global Parts Industries Sdn. Bhd. Mi Manufacturing Industr
Slide 8: 2. Business Overview
2. Business Overview 8
Slide 9: Business Overview
Business Overview Manufacturing Trading / Marketing Metal Parts Plastic Parts 9
Slide 10: Key REM Segments NHF Specialises In
Key REM Segments NHF Specialises In Tyres, Wheels, Rims, Valve Tyres Parts & Components Air Conditioning Parts Hood, Door, Fender, Compressor, Expansion Grille, Bumper, Trunk Valve, Condenser, Lid, Tail Gate Evaporator Key REM Segments Accessories & Customising Repair, Maintenance & Service LED Lamp
Slide 11: Our Product Groups
Our Product Groups Metal Group Plastic Group Door Tailgate Fender Bumper & Grille Hood Trunk Lid Head Lamp Panel Head & Tail Lamps Automotive Accessories Ignition Switch Fan Blade Radiator Door Mirror Windscreen 11
Slide 12: Our House Brands
Our House Brands Our House Brands Fit A Wide Range of Cars 12
Slide 13: Our Manufacturing Capabilities
Our Manufacturing Capabilities ✓ Capacity to manufacture up to 6 mil automotive body parts per annum ✓ Manufactures more than 3,300 items in-house (1,200 metal & 2,100 plastics) 3D Imaging Scanner In-House Tooling Metal Stamping MIG Robot Plastic Injection Machine 3D Laser Welding & Cutting Machine
Slide 14: Local & Overseas Trading Branches
Local & Overseas Trading Branches Physical Ampire, Shanghai presence in 3 countries Headquarters - Klang Kota Kinabalu Branch PT NHF, Jakarta, Indonesia Segambut, KL Branch 14
Slide 15: Our Extensive Distribution Network
Our Extensive Distribution Network Malaysia Wholesalers & > 1,000 retailers in Malaysia Stock keeping > 15,000 units (SKUs) being distributed Overseas Export countries across Asia, > 50 Central & South America, Europe and Africa Overseas > 100 distributors 15
Slide 16: Our Distribution Flow
Our Distribution Flow LOCAL EXPORT Trading Companies Importers from overseas • Wholesalers • Retailers Distributors Car Workshops Car workshops End Users 16
Slide 17: 3. Financial Highlights
3. Financial Highlights 17
Slide 18: Five-Year Group Financial Summary
Five-Year Group Financial Summary FOR THE PERIOD ENDED 31 DECEMBER 2022 2021 2020 2019 2018 Revenue (RM’000) 290,364 244,225 236,878^ 271,718^ 253,553^ Profit Before Tax (RM’000) 33,205 25,102 14,496 18,763 19,321 Profit After Tax (RM’000) 26,699 19,584 11,555 14,871 14,008 Total Assets (RM’000) 595
Slide 19: FY2022 Financial Highlights
FY2022 Financial Highlights Continued to pursue a consolidation strategy, delivered a solid performance in 2022 Revenue FY22 Revenue Profit Before Tax FY22 Profit Before Tax 272 290 RM 290 mil 33 RM 33 mil 254 244 25 237 +19% +32% RM mil 19 19 RM mil 14 YoY YoY FY21 Revenue FY21 Profit Before Tax 20
Slide 20: FY2022 Financial Highlights (cont'd)
FY2022 Financial Highlights (cont’d) Continued to deliver value Maintained to shareholders profitable Shareholders’ Equity Earnings Per Share Net Assets Per Share FY22 Total Dividend RM 509 mil 32 sen per share RM 6.16 per share 13 sen per share As at 31 Dec 2022 As at 31 Dec 2022 As at 31 Dec 2022
Slide 21: Group Revenue FY2022
Group Revenue FY2022 Malaysia Segment 56% FY21: RM130 mil (53%) Non- ASEAN Malaysia RM 162 m ASEAN Non- ASEAN Segment 26% RM 76 m RM 52 m FY21: RM69 mil (29%) ASEAN Segment 18% FY21: RM45 mil (18%) 21
Slide 22: FY2022 Business Overview
FY2022 Business Overview Challenges faced by the Group in 2022: • Continued uncertainties brought on by global economic condition • Weak buying sentiment • Strong market competition • Shortage of manpower • Low demand from certain markets due to COVID-19 • Fluctuations in raw material costs 22
Slide 23: Our Responses
Our Responses Product & pricing management Diligent cost management Improvement in efficiency & productivity 23
Slide 24: 4. Outlook & Strategy
4. Outlook & Strategy 24
Slide 25: Outlook for 2023
Outlook for 2023 • Growing pool of cars on the road drives demand • Easing supply chain disruptions improves operational efficiencies • Softer demand in exports due to tighter monetary conditions 25
Slide 26: Strategy
Strategy Cost control & enhance operational efficiency Focus on the ASEAN Consolidation strategy market 26
Slide 27: ASEAN Automotive Market Overview
ASEAN Automotive Market Overview Total Market Opportunity: 232 million Total road motor vehicles Key ASEAN Motor Vehicles ASEAN Malaysia Thailand Indonesia Vietnam Philippines (“MV”) to population Total as at 2020 Total number of registered road MV 32,378 41,471 131,083 4,181 11,851 232,895 (‘000) P
Slide 28: ASEAN Automotive Market Overview (cont'd)
ASEAN Automotive Market Overview (cont’d) Total No. of Registered Road Motor Vehicles (‘000) in ASEAN as at 2020 Indonesia 131.1 mln Thailand 41.5 mln Malaysia 32.4 mln Philippines 11.9 mln 232 mil Registered Road Motor Vehicles in ASEAN Myanmar 7.6 mln Vietnam 2.9 mln Laos 2.4 mln Singapore 1.0 mln
Slide 29: ASEAN Automotive Market Overview (cont'd)
ASEAN Automotive Market Overview (cont’d) Total No. of Registered Road Motor Vehicles (‘000) in ASEAN for 2015 - 2020 Country 2015 2016 2017 2018 2019 2020 Malaysia 26,302.0 27,613.3 28,738.2 29,956.5 31,214.8 32,378.2 Thailand 36,731.0 37,338.1 38,308.8 39,551.8 40,712.0 41,471.3 Indonesia 120,786.
Slide 30: Thank you!
Thank you! +603-3392 6818 enquiries@newhoongfatt.com.my Lot 5043, Jalan Teratai Meru, 41050 Klang, Selangor www.newhoongfatt.com.my
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