Orient Overseas (international) Limited · HKEX:316
Orient Overseas (international) — FY2024 Earnings Presentation
22 slides from Orient Overseas (international)'s earnings presentation, 2025
Slide 1: 2024 Annual Results
2024 Annual Results | 2024 年全年業績 東方海外（國際）有限公司 2024 Interim Results 2024年中期業績
Slide 2: Disclaimer
DISCLAIMER 免責聲明 請注意 ： Please note that: (1) The information/contents herein includes both data provided from Orient Overseas (International) Limited (“OOIL”) and its (1) 本檔所載的資訊/內容包括由東方海外（國際）有限公司（“東方海外國際”）及其關聯公司提供的數據， affiliates and data obtained from relevant third-party information provider(s). Su
Slide 3: Highlights
Highlights 亮點 Historically 3rd highest group revenue & net cash from 集團史上第三高收入和經營凈現金流 operating activities Attractive dividend payout 極具吸引力的股息 Green shipping with partners 與合作夥伴攜手發展綠色航運 Actively and steadily enhancing end-to-end business 積極穩步發展端到端數智化業務 digitalisation 3
Slide 4: Recap
Recap 回顧 4
Slide 5: Recap
Recap 回顧 Red Sea situation impact on container market persisted 紅海局勢對集裝箱市場的影響貫穿2024年全年 throughout 2024 Freight rates fluctuated, peaking mid-year 運價起伏，在年中達到峰值 Asia-Europe route obstructed 亞歐航線受阻 影響繼續蔓延 impact spreading 貿易模式重塑 trade patterns reshaped 美國經濟韌性 U.S. economy showed resilience 潛在關稅問題 poten
Slide 6: Key Metrics
KEY METRICS 關鍵指標 Net Profit (US$ B) Core Business EBIT Margin (%) Operating Cash Flow (US$ B) 淨溢利（十億美元） 核心業務息稅前溢利率 營運現金流（十億美元） 3.0 30.0 3.5 2.5 25.0 3.0 3.2 2.58 25.0 2.5 2.0 20.0 2.0 1.5 15.0 17.1 1.5 1.0 1.37 10.0 1.0 0.5 5.0 0.5 0.6 0.0 0.0 0.0 2023 2024 2023 2024 2023 2024 Cash & Bank Balances (
Slide 7: Container Transport (Excluding Logistics)
CONTAINER TRANSPORT (EXCLUDING LOGISTICS) 貨櫃運輸（不包括物流） 2024 2023 Change 二零二四年 二零二三年 變動 Liftings ('000 TEU) 7,595 7,338 3.5% 載貨量（千個標準箱） Freight Revenue (US$ M) 9,815 7,536 30.2% 運費收入（美元百萬） Freight Revenue Per TEU (US$) 1,292 1,027 25.8% 每個標準箱平均運費收入（美元） Load Factor (%) 84.0 81.3 2.7% pt 運載率（%） Net Oper
Slide 8: Group Results Breakdown
GROUP RESULTS BREAKDOWN 集團業績明細 (US$ M) 31 Dec 2024 31 Dec 2023 (百萬美元) 截至2024年12月31日止年度 截至2023年12月31日止年度 Container Transportation and Logistics – EBIT 2,665.5 1,421.1 貨櫃運輸及物流 - 息稅前溢利 Container Transportation and Logistics – EBIT margin 25.0% 17.1% 貨櫃運輸及物流 - 息稅前溢利率 Property and Investments – LBIT (30.
Slide 9: Operating Costs 2024
OPERATING COSTS 2024 二零二四年營運成本 Per TEU 2024 / 2023 Change 2024 Proportion 每個標準箱 二零二四年/ 佔二零二四年比例 二零二三年之變動 Total Cost 6% 100% 總成本 Cargo Costs 16% 43% 貨物處理成本 Equipment and Repositioning Costs 17% 15% 貨櫃成本及空箱回流費用 Vessel and Voyage Costs (Excluding Bunker Costs) -12% 25% 船舶及航程費用（除燃油成本外） Bunker Costs 2% 1
Slide 10: Group Balance Sheet Highlights
GROUP BALANCE SHEET HIGHLIGHTS 集團資產負債表摘要 (US$ M) 31 Dec 2024 31 Dec 2023 (百萬美元) 2024年12月31日 2023年12月31日 Non-Current Assets 8,905 7,919 非流動資產 Current Assets 8,863 7,690 流動資產 Total Assets 17,768 15,609 總資產 Non-Current Liabilities 1,893 2,027 非流動負債 Current Liabilities 2,626 2,372 流動負債 Total Liabilities
Slide 11: Net Cash
NET CASH 淨現金 (US$ M) 31 Dec 2024 31 Dec 2023 (百萬美元) 2024年12月31日 2023年12月31日 Cash and Bank Balances 7,903 6,722 現金及銀行結餘 Total Debt 1,373 1,438 債務總額 Net Cash 6,530 5,284 淨現金 11
Slide 12: Shanghai Containerized Freight Index
US$ 美元 0 1,000 2,000 3,000 4,000 5,000 2010-01 2010-03 2010-05 2010-07 2010-09 1364 2010-11 2011-01 2011-03 2011-05 2011-07 2011-09 1006 2011-11 2012-01 2012-03 2012-05 2012-07 2012-09 1254 2012-11 2013-01 2013-03 2013-05 2013-07 2013-09 1078 2013-11 2014-01 2014-03 2014-05 2014-07 2014-09 2014-11 1
Slide 13: Industry Trade Volume (2024)
INDUSTRY TRADE VOLUME 行業貿易額（2024） Trade Route 2024 / 2023 2023 / 2022 2022 / 2021 航線 Trans-Pacific EB 15.5% (10.3%) 4.3% 太平洋東行航線 Asia-Europe WB 8.8% 7.7% (9.8%) 亞洲／歐洲西行航線 Intra-Asia 5.1% (3.2%) (1.3%) 亞洲區內航線 Trans-Atlantic WB 2.7% (12.8%) (0.2%) 大西洋西行航線 Sources: Datamyne and CTS 13
Slide 14: Capacity Distribution
CAPACITY DISTRIBUTION 運力分佈 Trans-Pacific 12 - 2023 12 - 2024 太平洋航線, Trans-Pacific 27.7% 太平洋航線, 27.0% Trans-Atlantic Trans-Atlantic 大西洋航線, 5.6% 大西洋航線, 6.2% LAT LAT 拉美非 拉美非 航線, 航線, 3.2% 4.2% Asia / Europe 亞 洲／歐洲航線, 33.6% Intra-Asia / Australasia Asia / Europe Intra-Asia / Australasia 亞洲區內／澳亞航線, 28.6%
Slide 15: Outlook
Outlook 2 es MARA
Slide 16: Outlook
OUTLOOK 展望 Ever-challenging supply chain management 供應鏈管理難度增加 Geopolitical developments 地缘政治發展 Change in trade patterns 貿易格局演變 Red Sea passage resumption concerns 紅海復航隱憂 Restructure of alliances 聯盟模式變革 Ever-tightening industry regulations 行業監管趨嚴 Interplay of factors 各種因素交互作用 Market changes are becom
Slide 17: Annual Capacity Growth
ANNUAL CAPACITY GROWTH 每年運載力增長 12% 10.3% 10% 8.6% 8.1% 8% 6.3% 5.8% 5.7% 6% 4.5% 4.0% 4.1% 3.8% 4% 2.9% 1.8% 2% 0% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025F Actual Capacity Growth (Net) Projected New Capacity Growth (Gross) Source 資料來源： 實際增長（淨） Alphaliner Monthly Monitor (Feb 2025
Slide 18: Orderbook-to-Fleet Ratio
ORDERBOOK-TO-FLEET RATIO 訂單佔船隊比率 Source: Alphaliner (Feb 2025 Monthly Monitor) 18
Slide 19: Scrapping
SCRAPPING 報廢船舶 Source: Alphaliner (Feb 2025 Monthly Monitor) 19
Slide 20: OOCL's Chartered-In Fleet
OOCL'S CHARTERED-IN FLEET 東方海外租賃船舶 Chartered-In Fleet (As of 31 Dec 2024) Ships TEU 標準箱 租賃船隊 (截至 2024 年 12 月 31 日 ) 船舶 180,000 30 160,000 25 140,000 120,000 20 100,000 15 80,000 60,000 10 40,000 5 20,000 - 0 Expire within 6 months Expire between 6 to 12 months Expire between 1 to 2 years Expire 2 or
Slide 21: Conclusion
CONCLUSION 總結 Potentially more challenges in the foreseeable future 未來形勢可能更加嚴峻 OOCL is well-prepared to respond 東方海外已經做好應對準備 Innovative thinking, prudent flexibility 創新思變、審慎靈活 Dual-brand strategy continues to play a role 雙品牌持續發揮作用 Efficient vessel utilization & excellent cost control 高效的船舶利用率和優異的成本控
Slide 22: Thank you
Dicich Multumesc Paidies| Faleminderit Istutly 22
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