Xmh Holdings Ltd. · SGX:BQF
Xmh — H1 2015 Earnings Presentation
17 slides from Xmh's earnings presentation, Dec 22, 2014
Slide 1: 1H2015 Results Presentation
1H2015 Results Presentation PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 2: Disclaimer
Disclaimer The information contained in this presentation (the "Information") is provided by XMH Holdings Ltd. (the "Company") to you solely for your reference and may not be retransmitted or distributed to any other person. The Information has not been independently verified and may not contain all
Slide 3: Presentation Outline
Presentation Outline Financial Highlights Outlook & Recent Developments 1 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 4: Financial Highlights
Financial Financial Highlights Highlights 2
Slide 5: P&L Snapshot
P&L Snapshot Profit & Loss 1H2015 1H2014 Change S$’000 S$’000 % Revenue dip due to Revenue 45,006 48,451 (7.1) decrease in sales in the “distribution” segment Gross Profit 12,368 11,589 6.7 Overall increase in gross profit margins across all Gross Profit Margin 27.5% 23.9% 3.6 pp business segments I
Slide 6: Revenue
Revenue S$’ million 120.0 4Q 23.6 90.0 3Q 33.1 60.0 97.6 74.5 70.2 2Q 27.1 19.2 30.0 62.2 1Q 21.4 25.8 - 4 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 7: Profitability Trend (Gross Profit / Gross Profit Margin)
Profitability Trend (Gross Profit / Gross Profit Margin) S$’ million 30.0 30.0% 27.8% 27.8% 27.5% 26.0% 25.2% 23.5% 4Q 6.8 20.0% 3Q 9.0 15.0 22.9 9.9 19.5 10.0% 5.7 15.7 2Q 6.3 6.7 1Q 5.3 - 0.0% 5 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 8: Profitability Trend (Net Profit / Net Profit Margin)
Profitability Trend (Net Profit / Net Profit Margin) S$’ million 25.0 25.0% 23.6% 20.0 20.0% 15.0 15.3% 15.0% 10.0 12.8% 17.6 11.7% 3Q 3.2 10.0% 11.4 5.0 9.0 9.5 2Q 2.0 1Q 5.8% 0.7 - 2.6 1.4 4.7% 5.0% 4Q -1.7 (5.0) 0.0% 6 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 9: Balance Sheet
Balance Sheet Balance Sheet 31 Oct 2014 30 Apr 2014 S$’000 S$’000 Property, plant and equipment 15,708 7,455 Inventories 19,110 22,525 Trade and other receivables 8,001 15,380 Contract work-in-progress 8,168 10,805 Cash and cash equivalents 23,904 36,388 Total equity 54,466 58,381 Net gearing ratio
Slide 10: Outlook & Strategies
Outlook Outlook&& Strategies Strategies 8
Slide 11: Outlook
Outlook • Acquisition of Z-Power in its final stages of completion o Increases presence in offshore industry o Strengthens regional exposure and operations o Increased technical knowledge and capabilities o Complementary suite of services • Fresh exposure and entry to new industries with addition of
Slide 12: 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 13: Recent Developments (2014)
Recent Developments (2014) • November 2014 – MPG Group secures contracts worth S$11.3 million o Contracts for Changi Airport T-4 and a 5-storey data centre • August 2014 – Proposed acquisition of Z-Power Automation • June 2014 - MPG Group secures multiple contracts worth a total of S$10.57 million o
Slide 14: Milestones
Milestones Acquired Mech-Power Generator Group (MPG) & made breakthroughs in the Vietnamese market Began construction for new facilities in Tuas Secured distribution rights for a wider for increased warehousing capabilities range of products and brands and began in-house value-added Proposed acquisi
Slide 15: Share Statistics
Share Statistics Bloomberg code XMH SP EQUITY Reuters code XMHL.SI Share Price S$0.265 Market Capitalization S$115 million (434.1M shares) P/E 31.9 NAV per share S$0.14 Free Float 22.0% Directors 58.0% Substantial Shareholders Credence Capital 19.3% Source: Bloomberg as at 19 Dec 2014 13 PRIVATE & C
Slide 16: Analyst Calls
Analyst Calls House Call / Target Price OSK-DMG (Lee YueJer) BUY / S$0.42 NRA Capital (Joel Ng) NEUTRAL / $0.31 14 PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 17: 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