Analogue Holdings Limited · HKEX:1977
Analogue — H1 2021 Earnings Presentation
29 slides from Analogue's earnings presentation, Sep 3, 2021
Slide 1: FY2021 Interim Results Investor Presentation
(Stock code : 1977) ANALOGUE HOLDINGS LIMITED FY2021 Interim Results Investor Presentation 3 September 2021
Slide 2: Disclaimer
DISCLAIMER Disclaimer All information including statements, views and opinions contained herein this report, this presentation and accessory discussions whether in writing, orally provided or in any other form (the “Information”) does not constitute an offer of any form for the purposes of any appli
Slide 3: Contents
CONTENTS 01 COMPANY OVERVIEW 02 FINANCIAL REVIEW 03 BUSINESS REVIEW 04 GROWTH STRATEGIES 05 Q&A 3
Slide 4: Company Overview
COMPANY OVERVIEW A leading E&M With over 40 years of engineering operating history, over Latest Recognition service provider 2,500 employees and an headquartered in extensive portfolio of Hong Kong client portfolio Provide comprehensive E&M Pioneer in Innovative engineering and technology services E
Slide 5: Financial Review
@ATAL FINANCIAL REVIEW
Slide 6: Financial Highlights: Sustained Market Leading Position
FINANCIAL HIGHLIGHTS Sustained Market Leading Position Record high value of outstanding contracts in hand HK$11.9 billion + 10.2% Net profit HK$112.5 million + 5.3% High dividend payout ratio 50% Bank balances and cash HK$1.3 billion +12.5% Zero Gearing Ratio 6
Slide 7: Key Financial Data
KEY FINANCIAL DATA After adjusted TEI’s contribution 1H2020 1H2021 (HK$’M) (HK$’M) Growth- Growth Revenue 2,441.1 2,333.6 (4.4%) 3.9% Gross Profit 407.4 323.0 (20.7%) (12.2%) Gross Profit Margin 16.7% 13.8% (2.9%) (2.6%) Profit attributable to owners 106.9 112.5 5.3% of the Company Basic Earnings pe
Slide 8: Revenue Breakdown
REVENUE BREAKDOWN Revenue by Segment Revenue by Nature (HK$’M) (HK$’M) 2,441.1 2,333.6 2,441.1 2,333.6 2.1% 154.5 50.8 14.4% 179.5 7.7% 72.0 3.1% 196.0 404.9 19.5% 226.2 9.7% 472.3 20.2% 241.3 9.9% 74.0 511.2 21.9% 498.8 20.4% Revenue: +3.9%# 76.7% 1,915.4 78.5% 1,789.3 1,350.5 55.3% 1,416.7 60.7% 1
Slide 9: Healthy Financial Position
HEALTHY FINANCIAL POSITION 31 Dec 2020 30 Jun 2021 (HK$’M) (HK$’M) Current assets 3,148.0 3,172.5 Current liabilities 1,791.8 1,828.2 Bank balances and cash 1,116.1 1,255.6 Net current assets 1,356.2 1,344.3 Total assets less current liabilities 2,077.9 2,121.5 Current ratio 1.8x 1.7x Gearing ratio
Slide 10: Business Review
@ATAL BUSINESS REVIEW
Slide 11: Business Highlights
BUSINESS HIGHLIGHTS Application of New Technologies Modular Integrated Construction Big Data Analytics Artificial Intelligence (AI) (MiC) MultiTrade Integrated Mechanical, Building Information Modelling (BIM) Internet of Things (IoT) Electrical and Plumbing (MiMEP) Smart Innovative Projects InnoCell
Slide 12: Building Services
BUILDING SERVICES Outstanding Contracts in Hand: HK$ 5,138.3 million Segment Revenue (HK$’M) 4.4 2.7 136.4 112.6 +4.9% 1,275.9 1,235.2 1H2020 1H2021 Contracting work Maintenance work Sales of goods
Slide 13: Building Services: Largest Business Segment
BUILDING SERVICES Largest Business Segment* Provide one-stop E&M services, including HVAC, FS, P&D, EL and ELV systems Adoption of innovative technologies including MiC, BIM and MiMEP to strengthen competitiveness and drive Construction 2.0 Institutional Residential Over 50% ofandbuilding services p
Slide 14: Building Services: Opportunities in Healthcare Sector
BUILDING SERVICES Great Opportunities in Healthcare Sector Kowloon East and Kowloon Central Hospital Clusters Memorandum of Understanding with Chinachem Group Contract sum: HK$ 380M − Strengthen collaboration on healthcare facilities management − E&M works in 11 public hospitals and 28 clinics / hea
Slide 15: Leading Data Centre Infrastructure Service Provider
BUILDING SERVICES Leading Data Centre Infrastructure Service Provider Government Data Centre Complex, Cheung Sha Wan Contract sum: HK$ 900M − Provide E&M and maintenance services − Customised solutions including energy saving proposal covering full life cycle − Utilise BIM and off-site prefabricatio
Slide 16: Connecting Greater Bay Area to the World
BUILDING SERVICES Connecting Greater Bay Area to the World Phase 1A, 1B & 2 at Lot No. 894 (Site A2) and 923 (Site A3), SKYCITY Galaxy Hotel Phase 3 Contract sum: HK$ 485M Contract sum: HK$ 300M –Biggest indoor retailtainment destination for all ages –World-class Resort –One of the largest commercia
Slide 17: Environmental Engineering
ENVIRONMENTAL ENGINEERING Outstanding Contracts in Hand: HK$ 5,268.4 million, up 154.7% YOY Segment Revenue (HK$’M) 31.4 42.0 150.4 199.5 316.9 +2.5% 269.7 1H2020 1H2021 Contracting work Maintenance work Sales of goods
Slide 18: Environmental Engineering
ENVIRONMENTAL ENGINEERING Deliver total solutions that cover design, build, New Technology operation and maintenance (DBOM) of − Proprietary wastewater treatment technologies and innovative environmental environmental engineering facilities for: solutions by in-house R&D team and collaboration with
Slide 19: Information, Communications & Building Technologies
INFORMATION, COMMUNICATIONS & BUILDING TECHNOLOGIES Outstanding Contracts in Hand: HK$ 936.9 million, up 5.5% YOY Segment Revenue (HK$’M) 6.9 9.6 59.8 51.5 174.6 165.2 -6.2% 1H2020 1H2021 Contracting work Maintenance work Sales of goods
Slide 20: Information, Communications & Building Technologies
INFORMATION, COMMUNICATIONS & BUILDING TECHNOLOGIES Offer green and intelligent building solutions, integrating a wide range of information and communication technologies with building energy and management technologies, to facilitate Hong Kong’s evolution to a Smart City New Technology Award-winnin
Slide 21: Lifts & Escalators
LIFTS & ESCALATORS Outstanding Contracts in Hand*: HK$ 526.3 million, up 1.6% YOY Segment Revenue (HK$’M) 9.8 152.1 16.1 84.9 +16.1%* 188.7 78.5 1H2020 1H2021 Contracting work Maintenance work Sales of goods *Excluding TEI’s Contribution/ Revenue
Slide 22: Lifts & Escalators
LIFTS & ESCALATORS Design, manufacturing, sales, installation, Acclaimed Lifts and Escalators Brand and maintenance − Gold medal in International Exhibition of Inventions of Geneva 2021 for “Artificial Intelligent Nylon Optical Fibre Sensing Escalator Combs”, in conjunction with EMSD and PolyU Movin
Slide 23: Lifts & Escalators: Global Expansion
LIFTS & ESCALATORS New Market: Global Expansion − Serving millions of users in Asia, the Americas, and Europe Tap into the US Market with Transel Elevator & Electric (“TEI”) United Kingdom –One of the largest independent lifts and –Set up new company in the UK, escalators companies in New York the f
Slide 24: Manufacturing Base in Nanjing
LIFTS & ESCALATORS Manufacturing Base in Nanjing –Customised design and manufacturing of lifts, escalators and moving walkways –Invest RMB60 million in enhancing the production capacity to support global expansion plan to be completed in 2022 24
Slide 25: Maintenance Business: Opportunities for Recurring Revenue
MAINTENANCE BUSINESS Opportunities for Recurring Revenue Hong Kong Housing Authority Two International Finance Centre Contract sum: HK$ 122M –3-year term contract for BMS maintenance –Maintenance of P&D and FS works in public estates in Tai Po, Sai Kung, Sha Tin and North District regions Water Supp
Slide 26: Growth Strategies
GROWTH STRATEGIES
Slide 27: Market Outlook
MARKET OUTLOOK Market Opportunities • Hong Kong Government’s investment in infrastructure projects • Increase in annual capital works expenditure on the supply of 430,000 housing units in next 10 years • HK$ 200 billion expenditure as part of 10-year Hospital Development Plan • Increasing market dem
Slide 28: @ATAL
@ATAL
Slide 29: Thank You
@ATAL THANK YOU