Dr. Sulaiman Al-habib Medical Services Group Co. · TADAWUL:4013
Dr. Sulaiman Al-habib Medical Services — FY2022 Earnings Presentation
41 slides from Dr. Sulaiman Al-habib Medical Services's earnings presentation, Feb 27, 2023
Slide 1: FY 2022 Investor Presentation
FY 2022 Investor Presentation As of 27 February 2023
Slide 2: Disclaimer
DISCLAIMER Disclaimer and important information in relation to this presentation This presentation is for general use only and is not necessarily comprehensive as it has not been independently verified, nor is it considered or constitutes part of any invitation or inducement to engage in any investm
Slide 3: Presenting Team
PRESENTING TEAM Faisal Al Nassar Ziyad Al Dahami Acting CEO Head of Treasury and Investor Relations FY 2022 Investor Presentation 3 February 2023
Slide 4: Agenda
AGENDA Financial Performance Operational Highlights Appendix #1 Summarized Financials Appendix #2 About HMG
Slide 5: Financial Performance
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Slide 6: Key Financial Highlights: FY 2022
KEY FINANCIAL HIGHLIGHTS : FY 2022 Revenue by segment SAR million +14.62% Gross profit 17.93% Gross profit Margin FY 2022 2,748.14 FY 2022 33.07% FY 2021 FY 2022 FY 2021 2,330.23 FY 2021 32.14% SAR (Millions) 308.48 288.94 4.25% 3.48% 1,355.72 1,724.04 18.70% 20.74% EBITDA 15.66% EBITDA margin 7,250
Slide 7: Healthy Balance Sheet
HEALTHY BALANCE SHEET FY 2021 FY 2022 Total assets Total assets SAR 10.83 billion SAR 12.58 billion ROE ROA FY 2022 29.43% FY 2022 14.10% Cash, time Current deposit & bank 18.91% 21.83% 20.58% FY 2021 26.86% FY 2021 13.56% 24.42% liabilities balances Accounts receivable 5.89% 8.31% Non- ROCE Current
Slide 8: Low Leverage Levels
LOW LEVERAGE LEVELS Total liabilities and equity SAR million 120.00% Total Liabilities/Total Assets Total Liabilities/Equity 100.00% FY 2022 0.51x FY 2022 1.06x FY 2021 0.49x FY 2021 0.96x 80.00% 5,527.08 51.05% 48.52% 6,105.66 60.00% Net Debt / EBITDA Net Debt / Equity FY 2022 0.39x FY 2022 0.14x 4
Slide 9: Total Cash Dividends for Shareholders
TOTAL CASH DIVIDENDS FOR SHAREHOLDERS Declared dividends Declared Cash dividends / Q4 2022 Total distributed dividends SAR 325.50 million 0.93 0.86 0.86 % of capital 9.3% (equivalent to SAR 0.93 per share) 0.83 325.5 301 301 0.70 0.70 0.70 0.70 290.5 Close of trading on Thursday, 23rd February Eligi
Slide 10: Highlights: 2022 Patient Overview
HIGHLIGHTS: 2022 PATIENT OVERVIEW Patient overview Revenue by type 69.0% +5.3m 63.1% 29.2% 2021 2022 Patients served 24.8% From +4m in 2021 5.6% 4.1% 2.1% 2.1% Insurance Cash Government Others Bed occupancy - overall Bed occupancy - ICU 77% 76% FY 2022 Investor Presentation 10 February 2023
Slide 11: Operational Highlights
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Slide 12: FY 2022 Highlights
FY 2022 HIGHLIGHTS Key Operational Highlights Mobile Application Announced a new hospital project in Tabuk City, as well as converting Interaction Al Hamra Medical Center to a hospital project. 500 mn+ Interactions 53% Signed MoU with the Ministry of Health and Direct Investment Fund of Uzbekistan t
Slide 13: FY 2022 Highlights: Recognitions and CSR
FY 2022 HIGHLIGHTS Recognitions and Accreditations Major CSR Activities HMG launched largest physicians scholarship program in Kingdom’s private sector. Dr. Sulaiman Al Habib Academy celebrated the graduation of 330 students enrolled in our fellowship and diploma program. HMG honored the winners of
Slide 14: FY 2022 Highlights: Medical Excellence
FY 2022 HIGHLIGHTS MEDICAL EXCELLENCE Creating the medical practitioners of the future and promoting health and well-being Postgraduate Program Research Center CPR 23 Residency & Fellowship program 4 Journals 890+ Courses accredited by SCFHS 20+ Research papers published 190+ participant 7
Slide 15: Projects Update
PROJECTS UPDATE Solidifying our market leadership through a robust expansion plans and progressing our projects North RiyadhHospital North Riyadh Hospital 100% SAR 659.5 mn SAR 2.2 bn Ownership Land Construction 2023 500 Expected Beds Land Design MOH License Excavation Construction South-West Jeddah
Slide 16: Projects Update
PROJECTS UPDATE Solidifying our market leadership through a robust expansion plans and progressing our projects Maternity and Pediatric Hospital (New Takhassusi Expansion) 100% SAR 80.8 mn SAR 391 mn Ownership Land Construction 2024 145 Expected Beds Land Design Initial MOH Excavation Construction L
Slide 17: Projects Update
PROJECTS UPDATE Solidifying our market leadership through a robust expansion plans and progressing our projects Sehat Al Kharj Hospital 100% SAR 30.2 mn SAR 427.8 mn Ownership Land Construction 2024 141 Expected Beds Land Design Initial MoH Excavation Construction license Al Hamra Hospital 100% SAR
Slide 18: Projects Update
PROJECTS UPDATE Solidifying our market leadership through a robust expansion plans and progressing our projects Al Madinah Al Munawwarah Hospital Land 50 Leased Agreement Years Land Design Initial MoH Excavation Construction license Tabuk Hospital Land 50 Leased Agreement Years Land Design Excavatio
Slide 19: Projects Update: Medical Center Services
PROJECTS UPDATE Solidifying our market leadership through a robust expansion plans and progressing our projects Medical Center Services 100% 2024 Ownership Expected Buraidah Riyadh Al Rayan District Al Narjis District Al Ghadeer District Digital city Medical Center Dammam Gharb Al Faisaliah Di
Slide 20: Our People
OUR PEOPLE Continued to attract and retain top talent in the Kingdom Physician Qualifications 14,000+ 3,200+ Staff Physicians 42% 39% 19% Other Western Saudi (including North America & UK) 15+ average years +90% physicians experience Physician retention rate 44% 57% female: 43% male Saudization 120+
Slide 21: ESG & Sustainability
ESG & SUSTAINABILITY The Group’s ESG structures and targets aim to maximize the benefits we deliver in terms of patient health, the broader contexts of social and human development, and responsible environmental stewardship ESG Roadmap HMG is currently undertaking a four-phase exercise to start inte
Slide 22: Appendix #1: Summarized Financials
Appendix #1 Summarized Financials
Slide 23: Summary: Balance Sheet
SUMMARY: BALANCE SHEET As of 31 December 2022 SAR million FY 2022 FY 2021 Current Assets 4,160.48 4,133.43 Investment in Associates 187.00 41.36 Investments in equity instruments – Sukuk 300.00 - Property and Equipment 7,936.64 6,652.58 Total Assets 12,584.12 10,827.37 Current Liabilities 2,590.31 2
Slide 24: Summary: Income Statement
SUMMARY: INCOME STATEMENT As of 31 December 2022 SAR million FY 2022 FY 2021 Change % Revenue 8,310.74 7,250.47 14.62% (4,920.24) Cost of revenue (5,562.60) 13.06% 2,330.23 Gross profit 2,748.14 17.93% (242.33) Selling and marketing expenses (324.78) 34.02% (621.75) General and administrative expens
Slide 25: Summary: Cash Flow Statement
SUMMARY: CASH FLOW STATEMENT As of 31 December 2022 SAR million FY 2022 FY 2021 Net cash from operating activities 2,843.68 2,182.79 Net cash used in investing activities (1,939.40) (1,247.52) Net cash used in financing activities (801.12) (630.70) Cash and cash equivalents at the beginning of the y
Slide 26: Appendix #2: About HMG
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Slide 27: Diverse Board of Directors
DIVERSE BOARD OF DIRECTORS Our success is driven by our people 2 NON-EXECUTIVES 2 EXECUTIVES 4 INDEPENDENTS Mr. Faisal Al Nassar Dr. Sulaiman Al Habib Mr. Mazen Al Rumaih Board Member, Chairman Vice Chairman Acting CEO & CFO Mr. Obaid Al Rasheed Mr. Hesham Al Habib Board Member Eng. Saleh Al Habib B
Slide 28: HMG's Committees
HMG’s COMMITTEES Our success is driven by our people NOMINATION & PATIENT SAFETY & AUDIT RENUMERATION EXECUTIVE QUALITY OF CARE COMMITTEE COMMITTEE COMMITTEE COMMITTEE Dr. Abdulrahman Al Turaigi Mr. Obaid Al Rasheed Mr. Mazen Al Rumaih Prof. Mahmoud Al Ahwal Chairman Chairman Chairman Chairman Mr. R
Slide 29: Experienced Senior Management
EXPERIENCED SENIOR MANAGEMENT Highly experienced, high caliber management Mr. Faisal Al Nassar Acting CEO & CFO CORE FUNCTIONS CORPORATE FUNCTIONS INDEPENDENT FUNCTIONS Dr. Abdulwahab Mr. Badr Al Dr. Riyad Al Atiqi Mr. Hesham Al Habib Eng. Abdullah Al Abdulwahab Chief Business Rowaili General Direct
Slide 30: A Fully Integrated Healthcare Services Provider
A FULLY INTEGRATED HEALTHCARE SERVICES PROVIDER HMG is a diversified healthcare leader in the Middle East, recognized for comprehensive healthcare services, forward-thinking innovation and the best patient experience in the region. Upcoming Projects: 22+ 60+ 8 Hospitals Medical Sub-specialties 5 Med
Slide 31: Our Strategy
OUR STRATEGY Our well-defined growth strategy enhanced by our core values Our Pillar Our Value Strengthening our core Drivers: Human capital, cutting-edge technology and operational efficiency Integrity Care for Safety Outcomes: Patient centric healthcare Patients Expanding our reach Drivers: Centra
Slide 32: Key Message
KEY MESSAGE Strategic pillars underpin our drive to deliver best-in-class healthcare services Best-in-class Catalysts for value creation Efficiency drivers • Regional integrated healthcare provider with • Technology: Pioneer in healthcare • Efficient cash conversion cycle: shortest 25+ year track re
Slide 33: Business Model
BUSINESS MODEL Through our vertically integrated business model, we are committed to create sustainable value for our stakeholders WHAT Facilities and services WE DO Digital healthcare solutions OUR KEY STRENGTHS Design, develop and operate Leading Brand in Reputation for Medical Prime Locations Exc
Slide 34: Our Contribution to the Goals of Vision 2030
OUR CONTRIBUTION TO THE GOALS OF VISION 2030 Commissioning Primary Long term of hospital care care Rehabilitation services and medical cities Areas of focus for privatization Home care Pharmacy Laboratory services Radiology How has HMG positioned itself to participate? Public-Private Partnership (PP
Slide 35: Where We Operate
WHERE WE OPERATE With total built-up area of 689,000+ m2, HMG owns most of its hospital properties Tabuk KINGDOM OF Hospital SAUDI ARABIA Kingdom of Hospital under construction Bahrain Dammam Medical Center Khobar Qassim Dubai Madinah Riyadh Medical Center under construction UAE Kharj Operated contr
Slide 36: Our Story
OUR STORY Committed to growth and world-class healthcare across our ever-expanding network University Medical Olaya Medical Complex Dubai Hospital Qassim Hospital Rayan Hospital Center in Bahrain Opened 1995 (OPD) Opened 2007 (OPD) Opened 2009 Opened 2010 Operated 2011 Beds 260 Beds 151 Beds 172 Bed
Slide 37: Business Structure
BUSINESS STRUCTURE A fully integrated healthcare services provider Hospitals and Healthcare Facilities Pharmacies HMG Solutions 22+ medical facilities in Saudi Arabia Outpatient pharmacies as part of the Cloud Solutions and Dubai hospitals Home Healthcare 1,900+ beds 19 Pharmacies in Sau
Slide 38: HMG Solutions
HMG SOLUTIONS Spearheading our expansion across different aspects of the healthcare sector Cloud Solutions Cloud Solutions’ footprint Technology arm of HMG Pioneer in healthcare technology, award-winning hospital information system (HIS) marked under VIDA brand. VIDA is first-of-its-kind elect
Slide 39: HMG Solutions (Continued)
HMG SOLUTIONS (CONTINUED) Spearheading our expansion across different aspects of the healthcare sector Home Healthcare Medical Diagnostic Laboratory Flow Medical Solutions Delivers home healthcare services Tele-consultation and remote care Provides a variety of advance Integrated healthcare
Slide 40: Pioneer in Healthcare Technology
PIONEER IN HEALTHCARE TECHNOLOGY Better medical outcomes, exceptional patient experience, and advanced operational practices TELE-MEDICINE SERVICES MEDICAL EXCELLENCE PATIENT SAFETY PATIENT EXPERIENCE Tele-Cardiology (Nabad 24 program) • Designed to treat heart attacks remotely HMG artificial heart
Slide 41: Thank You
-Thank you- Dr. Sulaiman Al Habib Medical Services Group (HMG) Tel: +966 11 525 9999 Ext# 4919 Mobile: +966 50 338 2785 Email: investor.relations@drsulaimanalhabib.com P.O. Box 301578 Riyadh 11372, Kingdom of Saudi Arabia IR Website
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