Tongda Hong Tai Holdings Ltd · HKEX:2363
Tongda Hong Tai — FY2017 Earnings Presentation
14 slides from Tongda Hong Tai's earnings presentation, Mar 28, 2018
Slide 1: Tongda Hong Tai Holdings Limited 2017 Annual Results Announcement
Tongda Hong Tai Holdings Limited Stock code：02363.HK 2017 Annual Results Announcement 28 March 2018 1
Slide 2: Contents
Contents 1 Mile stones P.3 2 Executive summary P.4 3 Key financial figures P.6 3 Appendix P.11 2
Slide 3: Mile Stones
Mile Stones Tongda Suzhou* Tongda Hong Tai* Tongda Suzhou* accredited Honest listed on Hong Kong accredited enterprise with over Stock Exchange Main ISO9001:2008 million tax paid award Board (stock code: recognition 2363.HK) March 2010 August 2010 April 2011 February 2016 November 2016 16 March 2018
Slide 4: Executive Summary – Key to Success
Executive Summary – Key to Success Major OEM customers Major ultimate brand owner 4
Slide 5: Executive Summary – Future Plans
Executive Summary – Future Plans “The Group is keen to capture the continuing growth opportunities to expand our market share and to enhance our profitability as well as maximising shareholder value” • Lease of new factory with a total floor area over 5,000 square metres for a term of ten years • Re
Slide 6: Key Financial Figures
Key Financial Figures As at 31 December 2017 As at 31 December 2016 Change % Revenue HK$580.5 million HK$463.9 million +25.1% Gross profit HK$110.2 million HK$103.2 million +6.8% Gross profit margin 19.0% 22.3% -3.3 p.p. Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) HK$57.
Slide 7: Key Financial Figures (Cont.)
Key Financial Figures (Cont.) As at 31 December 2017 As at 31 December 2016 Change % CAPEX HK$18.5 million HK$8 million +131.3% Net Assets HK$267.5 million HK$242.0 million +10.5% Net Assets per Share HK$1.85 HK$1.69 +9.7% Current Assets Ratio 1.35 Times 1.33 Times +1.6% Cash and Bank Balances HK$28
Slide 8: Key Financial Figures (Cont.)
Key Financial Figures (Cont.) (HK$ million) (HK$ million) Gross profit Turnover 120.0 Gross profit margin (%) 25% 700.0 19.0% 580.5 22.3% 600.0 100.0 20% 22.1% 21.0% 500.0 463.9 422.7 80.0 376.3 15% 400.0 60.0 103.2 110.2 300.0 10% 40.0 83.2 88.6 200.0 20.0 5% 100.0 0.0 0.0 0% 2014 2015 2016 2017 20
Slide 9: Key Financial Figures (Cont.)
Key Financial Figures (Cont.) As at 31 December 2017 As at 31 December 2016 Change% Working Capital Turnover Days 265 274 -3.6% Inventory Turnover Days1 190 199 -4.5% Trade and Bills Receivables Turnover Days2 136 138 -1.4% Trade and Bills Payable Turnover Days3 61 63 -3.2% 1. (Opening + Ending inve
Slide 10: Key Financial Figures (Cont.)
Key Financial Figures (Cont.) Inventories (HK$’000) As at 31 December 2017 As at 31 December 2016 Change % Raw Materials 34,298 28,608 +19.9% Work in Progress 132,278 71,342 +85.4% Finished Goods 168,280 169,762 -0.3% Total 335,856 269,712 +24.5% * As at 31 December 2017, moulds of HK$1,970,000 (201
Slide 11: Appendix: Consolidated Income Statements
Appendix CONSOLIDATED INCOME STATEMENTS Year ended 31 December Change 2017 2016 HK$'000 HK$'000 REVENUE 580,481 463,937 25.1% Cost of sales (470,258) (360,692) 30.4% Gross profit 110,223 103,245 6.8% Other income and gains 4,757 1,500 217.1% Selling and distribution expenses (11,393) (9,954) 14.5% G
Slide 12: Forward-Looking Statement
Forward-Looking Statement FORWARD LOOKING STATEMENT: This presentation contains “forward-looking statements” which are statements that refer to expectations and plans for the future and include, without limitation, statements regarding Tongda Hong Tai’s future results of operations, financial condit
Slide 13: Disclaimer
Disclaimer Disclaimer The material contained herein is a presentation of general background information about the Company’s activities at the date of the presentation, and is not an offer of securities for sales. It is information given in summary form and does not purport to be complete. It is not
Slide 14: Thank You!
Investor Relations Contact Tongda Hong Tai Holdings Limited Rm1203, 12/F, Shui On Centre, 6-8 Harbour Road, Wanchai, Hong Kong Thank You! Contact Person: Mr. Paan Chan Tel : （852） 3188-1681 Fax : （852） 3585-3822 Email : info@hongtai.com.hk 14
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