Qian Hu Corporation Limited · SGX:BCV
Qian Hu — H1 2008 Earnings Presentation
8 slides from Qian Hu's earnings presentation, Jul 21, 2008
Slide 1: 1H2008 Results Briefing: Financial Highlights
Qian Hu Corporation Limited 1H2008 Results Briefing 21 July 2008 Financial Highlights 1HFY08 1HFY07 Growth 2Q08 2Q07 Growth (S$m) (S$m) (%) (S$m) (S$m) (%) Revenue 46.6 44.4 Ï 4.9 23.6 22.4 Ï 5.1 EBITDA 6.1 5.4 Ï 13.6 3.2 3.0 Ï 8.3 Net Profit 2.8 2.1 Ï 32.0 1.5 1.2 Ï 30.6 Earnings per 0.62 0.52 shar
Slide 2: Turnover by Activities and Regions
Turnover by Activities 6 months ended 30 June Plastics Plastics 12% 12% Fish Fish 50% 50% Accessories Accessories 38% 38% 1H2007 1H2008 Turnover by Regions 6 months ended 30 June Singapore Singapore 30% 27% Overseas 70% Overseas 73% 1H2007 1H2008
Slide 3: Profit by Activities and Regions
Profit by Activities 6 months ended 30 June Plastics Plastics 8% 6% Accessories Accessories 13% 17% Fish Fish 79% 77% 1H2007 1H2008 Profit by Regions 6 months ended 30 June Singapore Singapore 18% 20% Overseas Overseas 82% 80% 1H2007 1H2008
Slide 4: Q2'08 vs Q1'08 and Q2'08 vs Q2'07
Q2’08 vs Q1’08 Q2 / 2008 Q1 / 2008 Growth (S$m) (S$m) (%) Turnover 23.6 23.0 Ï 2.4 Net Profit 1.5 1.3 Ï19.1 Q2’08 vs Q2’07 Q2 / 2008 Q2 / 2007 Growth (S$m) (S$m) (%) Turnover 23.6 22.4 Ï 5.1 Net Profit 1.5 1.2 Ï30.6
Slide 5: Balance Sheet Highlight and Cash Flow Statement
Balance Sheet Highlight 30/06/08 31/12/07 (S$m) (S$m) Total Assets 91.7 88.8 Total Liabilities 32.9 33.2 Total Shareholder’s 58.8 55.6 Equity Cash Flow Statement 1H2008 1H2007 (S$m) (S$m) Cash generated from 4.9 3.3 operating activities Cash used in investing activities (5.6) (3.9) Cash generated fr
Slide 6: Key Indicators / Business Updates
Key Indicators 1H2008 FY2007 Inventory Turnover 145 days 142 days Trade Debtors Turnover 69 days 67 days Debt Equity Ratio 0.56 0.6 Business Updates
Slide 7: Ornamental Fish; Aquarium & Pet Accessories
Ornamental Fish 2Q08 2Q07 Growth 1HFY08 1HFY07 Growth (S$m) (S$m) (%) (S$m) (S$m) (%) Revenue 11.8 11.3 Ï 4.4 23.4 22.3 Ï 5.2 PBT 2.3 2.1 Ï 8.6 4.6 3.9 Ï17.6 Strong export sales of Ornamental Fish to new markets Continued strong demand for self-bred Dragon Fish in China, Japan and Taiwan Target t
Slide 8: Plastics; Q&A
Plastics 2Q08 2Q07 Growth 1HFY08 1HFY07 Growth (S$m) (S$m) (%) (S$m) (S$m) (%) Revenue 3.1 2.7 Ï 13.4 5.7 5.5 Ï 4.0 PBT 0.2 0.2 Ï 1.1 0.35 0.38 Ð 7.9 Focus on generating revenue through selling more varieties of plastics products to a larger customer base Stable and steady growth from the plasti