Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — Q1 2017 Earnings Presentation
23 slides from Paramount Corp. Bhd's earnings presentation, May 17, 2017
Slide 1: Unaudited 1Q2017 Results
Unaudited 1Q2017 Results 17 May 2017 1
Slide 2: 1Q2017 Results
PARAMOUNT 1Q2017 Results
Slide 3: 1Q2017 vs 1Q2016 Financial Results
1Q2017 vs 1Q2016 Financial Results 1Q2017 1Q2016 +/- % Revenue RM'Mil 142.9 113.3 29.6 26% Profit before tax RM'Mil 18.3 20.1 (1.8) -9% EBITDA RM'Mil 25.8 26.4 (0.6) -2% Profit net of tax RM'Mil 13.3 14.9 (1.6) -11% Profit attributable to ordinary equity holders of the company RM'Mil 8.3 9.7 (1.4) -
Slide 4: Revenue
Revenue Revenue By Division (RM’Million) Property Higher revenue, by 41%, due Division to: 0.0 • Higher sales and progressive 160.0 billings from the Utropolis Batu Kawan, Sejati 140.0 0.2 38.0 Residences and Greenwoods developments. 120.0 Education Marginally lower revenue, by 100.0 38.6 Division 2
Slide 5: Revenue - Contribution By Division
Revenue - Contribution By Division 1Q2017 Revenue 1Q2016 Revenue 27% 34% 73% 66% Property Education Property Education 5
Slide 6: PBT
PBT PBT By Division (RM’Million) Property Higher PBT, by 16%, due to: Division • Higher contributions from the Utropolis Batu Kawan, Sejati 25.0 Residences and Greenwoods Salak Perdana developments, offset by; 20.0 6.9 10.2 • Higher losses from property investment and lower 15.0 contribution from th
Slide 7: PBT – Contribution By Division
PBT – Contribution By Division 1Q2017 PBT 1Q2016 PBT 33% 46% 54% 67% Property Education Property Education 7
Slide 8: Statement of Financial Position
Statement of Financial Position RM'000 31/3/2017 31/12/2016 Non-current assets 1,503,813 1,533,793 Current assets 528,323 484,918 Total assets 2,032,136 2,018,711 Current liabilities 445,863 450,695 Net current assets 82,460 34,223 Non-current liabilities 443,110 433,593 Total liabilities 888,973 88
Slide 9: Debt/Equity Ratio
Debt/Equity Ratio 31/3/2017 31/12/2016 RM'Mil RM'Mil Borrowings 662.5 636.6 Cash & bank balances 137.5 149.2 Total equity* 1,143.2 1,134.4 31/3/2017 31/12/2016 Gross D/E ratio 0.58 0.56 Net D/E ratio 0.46 0.43 *Included Private Debt Securities of RM200 million Gross D/E Ratio = Total Borrowings/Tota
Slide 10: 5-Year Financial Highlights
5-Year Financial Highlights 10
Slide 11: 5-Year Financial Highlights
5-Year Financial Highlights Revenue (RM’Mil) PBT (RM’Mil) 800 120 100 600 80 400 60 40 200 20 0 0 2013 2014 2015 2016 1Q2017 2013 2014 2015 2016 1Q2017 Earnings Per Share (Sen) Net Assets Per Share (RM) 20.0 2.3 15.0 2.2 10.0 2.1 5.0 2.0 0.0 1.9 2013 2014 2015 2016 1Q2017 2013 2014 2015 2016 1Q2017
Slide 12: 5-Year Financial Highlights
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 12.00 52% 60% 50% 51% 48% 48% 10.00 50% 8.00 40% 6.00 30% 4.00 8.00 8.00 7.50 8.25 8.50 20% 2.00 10% - 0% 2012 2013 2014 2015 2016 12
Slide 13: 1Q2017 Highlights
PARAMOUNT 1Q2017 Highlights
Slide 14: 1Q2017 Highlights
1Q2017 Highlights Property Division Education Division • Strong property sales of 438 units with a sales value of RM244 million; • Higher student number at KDU UC; • Strong take up rate of 70% on the newly • Stable performance of Sri KDU school launched Utropolis Batu Kawan development; • Unbilled s
Slide 15: Total Landbank & GDV
PARAMOUNT TotalLlandbank & GDV
Slide 16: Total Landbank & GDV
Total Landbank & GDV Remaining Development Period Original Land Project GDV Size (Acre) (Million) Start End On going Developments Sekitar26 Business, Shah Alam 13.5 0 2013 2016 Paramount Utropolis, Glenmarie 11.8 330 2013 2023 Bandar Laguna Merbok, 500 3 1996 2016 Sungai Petani Bukit Banyan, Sungai
Slide 17: Total Landbank & GDV
Total Landbank & GDV Development Period Land Size GDV Project (Acre) (Million) Start End Projects in the Pipeline Sekitar26, Shah Alam 16.8 554 2017 2020 Section 13, Petaling Jaya 5.2 608 2017 2020 Jalan Goh Hock Huat, Klang 29.16 1,379 2017 2026 Machang Bubuk, Penang 65 324 2017 2025 Future Project
Slide 18: Prospect for 2017
PARAMOUNT Prospect for 2017
Slide 19: Prospects
Prospects • The weak consumer sentiment experienced in 2016 is expected to continue into 2017. In the property sector, stringent lending policies amongst banks are not expected to ease anytime soon and without any near-term broad cooling measures to boost the property market, 2017 is expected to con
Slide 20: Prospects (cont’d)
Prospects (cont’d) • On the education front, Paramount Education will continue to face challenges, particularly in the tertiary segment where competition is intense and highly price-sensitive. Education institutions have gone into a price war in an attempt to hold their respective market positions a
Slide 21: Prospects (cont’d)
Prospects (cont’d) • With these efforts, Paramount Education’s prospects remain good. Additionally the division’s pursuit of an asset- lite strategy to improve the utilisation of its real estate assets will enhance returns to capital employed and create long term shareholder value. • Barring any unf
Slide 22: Disclaimer
Disclaimer Statement Regarding Unaudited Financial Information The unaudited financial information set forth above is preliminary and subject to adjustments and modifications. Disclaimer on Forward-Looking Statements This presentation may contain forward-looking statements that involve risks and unc
Slide 23: Thank You
eee Thank You
Paramount Corporation Berhad — Q1 2017 Earnings Presentation on 6ix