Nanofilm Technologies International Ltd. · SGX:MZH

Nanofilm Technologies International — H1 2021 Earnings Presentation

17 slides from Nanofilm Technologies International's earnings presentation, Aug 16, 2021

  1. Slide 1: Nanofilm Technologies International 1H 2021 Results Announcement

    Nanofilm Nanofilm Technologies Technologies International International Limited Pte Ltd C O N F I D E N T I A L Nanofilm Technologies International 1H 2021 Results Announcement 16 August 2021

  2. Slide 2: Results Overview

    Nanofilm Technologies International Limited Results Overview 1H 2021

  3. Slide 3: 1H2021 Top Line Growth Despite Supply Chain Disruptions

    1H2021 Top Line Growth Despite Supply Chain Disruptions Revenue – Gross Profit – Adjusted EBITDA – PATMI – 24% YoY growth 9% YoY growth Flattish YoY Down 3% YoY (S$m) (S$m) (S$m) (S$m) YoY (%) 41% 24% 43% 9% 63% 0% 62% -3% 52.6% 140.00 46.1% 50.0% 140.00 42.7% 140.00 50.0% 50.0% 34.4% 140 120.00 23.

  4. Slide 4: Higher Expenses in Preparation for New Capacity & Peak Period

    Higher Expenses in Preparation for New Capacity & Peak Period Expenditure – Increase in % proportion to revenue primarily due to new Shanghai Plant 2, NPI(4) projects and indirect labour increases in line with business expansion plan 1H 2020 1H 2021 S$m % of revenue S$m % of revenue Cost of Sales 37

  5. Slide 5: Working Capital Changes Tracking Business Season

    Working Capital Changes Tracking Business Season Inventory turnover period(1) Trade receivables turnover period(2) (in days) (in days) 160 144 160 140 140 120 120 100 88 100 86 80 80 58 60 60 40 40 20 20 - - 2020 1H 2021 2020 1H 2021 Trade payables turnover period(1) Cash conversion cycle(3) (in day

  6. Slide 6: Strong Operating Cash Flow Generation

    Strong Operating Cash Flow Generation Net cash balance, well positioned to fund growth opportunities Net cash balance post repayment of S$40m loan Strong operating cash flow as of 30 June 2021 (in S$m) (in S$m) OCF before WC, interest 3 & taxes 200 8 34 190 4 180 199 170 189 160 32 150 Total cash Cu

  7. Slide 7: Segmental Information

    Nanofilm Technologies International Limited Segmental Information 1H 2021

  8. Slide 8: Focused on Execution to Deliver Sustainable Growth

    Focused on Execution to Deliver Sustainable Growth Advanced Materials BU Nanofabrication BU Industrial Equipment BU (“AMBU”) (“NFBU”)(3) (“IEBU”)  Provides mission critical surface  Part of our value chain integration  Manufactures turnkey equipment solutions based on vacuum coating and positions

  9. Slide 9: AMBU: Growth Achieved Despite Supply Chain Bottlenecks

    AMBU: Growth Achieved Despite Supply Chain Bottlenecks YoY growth (in S$m) 100 18% 90 80 70 60 50 EBITDA Margins EBITDA Margins 76 40 46% 37% 30 64 20 10 29 28 - 1H 2020 1H 2021 Revenue Adjusted EBITDA  Continuing increase in adoption of our surface solutions  The increase of 18% YoY was driven by

  10. Slide 10: Key Operating Data: AMBU

    Key Operating Data: AMBU Key performance indicators for AMBU 1H 2020 1H 2021 Coating equipment (no.)(1) 122 186 In-line coating equipment (no.)(2) 4 4 Equipment utilisation (%)(3) 73% 61%  Equipment utilisation: Our long-term target optimal utilisation rate is ~80% with remaining un-utilized time c

  11. Slide 11: NFBU: End-of-Life Project Impacted Revenue

    NFBU: End-of-Life Project Impacted Revenue (in S$m) 9 YoY drop 48% 7 5 3 EBITDA Margins EBITDA Margins 7% -54% 3 1 0 2 (1) (1) (3) 1H 2020 1H 2021 Revenue Adjusted EBITDA  48% YoY drop in the topline due to end of life of projects coupled with delay in securing new projects  Resultant negative adj

  12. Slide 12: Key Operating Data: NFBU

    Key Operating Data: NFBU Key performance indicators for NFBU 1H 2020 1H 2021 Injection molding equipment (no.)(1) 13 13 Utilisation (%) 30% 11%  Key equipment in NFBU include: − Tooling equipment − Injection mold equipment − AVI and testing equipment Source: Company information (1) Figures only inc

  13. Slide 13: IEBU: Higher Demand with Returning & New Capex Spend from Customers

    IEBU: Higher Demand with Returning & New Capex Spend from Customers (in S$m) 30 YoY growth 25 81% 20 15 10 EBITDA Margins 19 EBITDA Margins 34% 31% 5 11 4 6 - 1H 2020 1H 2021 Revenue Adjusted EBITDA  YoY growth came in at 81% driven by an increase in external sales of customized industrial equipmen

  14. Slide 14: Key Operating Data: IEBU

    Key Operating Data: IEBU Key performance indicators for IEBU 1H 2020 1H 2021 Equipment produced (no.)(1) 23 16 Equipment sold (no.) 4 6 Equipment used internally (no.) 19 10  In 1H 2021, IEBU continued to build for the production needs of the AMBU while the sales of coating equipment remain selecti

  15. Slide 15: Outlook

    Nanofilm Technologies International Limited Outlook

  16. Slide 16: Outlook: Well-Positioned for Multiple Avenues of Growth

    Outlook: Well-Positioned for Multiple Avenues of Growth Leveraging Core Enabling Technologies in End-Market Applications and Value Chains of Strategic Partners to Achieve Sustainable Long-Term Growth Advanced Materials Market size 2023E: Value Chain Integration - Components US$24.3bn(1) TAM 2023E: U

  17. Slide 17: Thank You

    Nanofilm Technologies International Limited Thank You

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