Media Chinese International Ltd · HKEX:685
Media Chinese International — Q4 FY2015/16 Earnings Presentation
35 slides from Media Chinese International's earnings presentation, May 2016
Slide 1: Fourth Quarter Results 2015/16 Presentation to Analysts
Media Chinese International Limited Fourth Quarter Results 2015/16 Presentation to Analysts May 2016 Stock Code: (Malaysia) 5090 ; (Hong Kong) 685
Slide 2: Agenda
Agenda (1) Overview (2) Performance Review • Market Highlights • Financial Performance (unaudited) (3) Strategic Update (4) Outlook 1
Slide 3: (1) Overview
Agenda (1) Overview 2
Slide 4: Geographic Diversity
Geographic Diversity Media Chinese (Dual Primary Listed) Greater China Southeast Asia North America Digital Media Sin Chew Daily ● Websites MP Daily News (HK) Toronto Ming Pao China Press ● Mobile Applications Yazhou Zhoukan Vancouver Ming Pao Guang Ming Daily ● Pocketimes Over 10 ma
Slide 5: Publishing – Daily Newspapers, Free Newspapers and magazines
Publishing – 5 Daily Newspapers in 11 editions, 3 Free Newspapers and over 30 magazines New! 4
Slide 6: Digital/New Media – e-Papers, e-Magazines, websites
Digital/New Media – 5 e-Papers, 19 e-Magazines, over 40 websites & numerous mobile services Online Media (Southeast Asia) Online Media (Hong Kong) Mobile Media Online Media (Mainland China) Online Media (Canada) 55
Slide 7: (2) Performance Review
Agenda (2) Performance Review • Market Highlights 6
Slide 8: Market Share in Malaysia and Hong Kong
Market Share in Malaysia and Hong Kong Penisular Malaysia Period from 1 Jan 2015 to 31 Dec 2015 Chinese Newspapers Readership Ranking in Malaysia Sin Chew -Sin Chew Daily 1,433,000 No. 1 -Guang Ming Daily 277,000 No. 3 Nanyang -China Press 933,000 No. 2 -Nanyang Siang Pau 87,000 with PMEB focus SCMC
Slide 9: Adex for Apr 2015 to Mar 2016 in Malaysia
Adex for Apr 2015 to Mar 2016 in Malaysia YTD Adex (Apr’15 to Mar’16) Total Adex (RM) NPPS : 4,028m Cinema ISM Magazines : 125m -11.8% Radio 0.9% 2.5% 5.7% TV (FTA) : 2,827m TV (FTA) Magz Radio : 438m 36.8% 1.6% In-store media : 188m -8.4% Cinema : 69m NPPS 52.5% NPPS : -12.1% Magazines : -0.1% RM 7
Slide 10: Total Newspapers Adex in Malaysia
Total Newspapers Adex in Malaysia -13.9% 2,000 -9.4% -12.2% 1,600 In RM ‘million 1,200 -1.8% 800 400 0 Chinese English Malay Tamil Apr'15 - Mar'16 1,165.9 1,705.4 1,134.6 22.2 Apr'14 - Mar'15 1,286.3 1,981.7 1,291.7 22.6 Source: AdQuest Millennium (Adex Numbers have not taken into consideration the
Slide 11: Share of Chinese Newspapers Advertising Expenditure in Malaysia
Share Of Chinese Newspapers Advertising Expenditure In Malaysia For Apr-15 to Mar-16 NEWSPAPERS ADEX Others West Malaysia 2.8% ENG Npps 42.3% CHN Npps MCIL Group 28.9% 21.0% Others East Malaysia 5.1% Tamil Npps BM Npps 0.6% 28.2% Adex for Total Newspapers : RM 4,028 million Chinese Newspapers in Wes
Slide 12: Adex for Apr 2015 to Mar 2016 in Hong Kong
Adex for Apr 2015 to Mar 2016 in Hong Kong Adex (Apr 2015 to Mar 2016) Total Adex (HKD) Newspapers : 35,232m Magazines : 10,929m - 5.3% TV : 33,632m Radio : 4,242m Interactive : 14,447m +0.1% Others : 14,862m Newspapers : -0.3% Magazines : -18.4% TV : -4.1% HKD113,344m Radio : +5.0% Interactive : +1
Slide 13: (2) Performance Review – Financial Performance
Agenda (2) Performance Review • Financial Performance (unaudited) 12
Slide 14: Group Results Summary
Group Results Summary Q4 Q4 YTD YTD US$ ’million +/(-) +/(-) FY2015/16 FY2014/15 FY2015/16 FY2014/15 Turnover 70.9 86.8 -18.3% 349.1 429.1 -18.6% Expenses (68.7) (75.8) 9.4% (319.1) (385.1) 17.1% Impairment losses (2.0) (7.6) 74.1% (2.0) (7.6) 74.1% PBT 3.3 5.8 -42.8% 37.4 47.5 -21.3% PBT before 5.3
Slide 15: Currency Impact
Currency Impact Q4 Q4 FY2015/16 FY2014/15 Exchange Rate Changes: - US$/RM +16.0% +9.7% - US$/C$ +10.6% +12.7% Currency Impact (US$ ’million) - Turnover (7.5) (6.2) - Profit Before Income Tax (1.3) (1.0) 14
Slide 16: Segment Results
Segment Results Turnover (US$’000) FY 2015/16 FY 2014/15 Variance (%) Malaysia & other SEA countries 186,387 249,961 -25.4% Hong Kong, Taiwan, PRC & North America 80,034 93,273 -14.2% Travel and travel related services 82,705 85,906 -3.7% Total Turnover 349,126 429,140 -18.6% PBT (US$’000) FY 2015/1
Slide 17: Financial Position
Financial Position As of 31 March (US$ million) 2016 2015 Total assets 402.9 422.8 Net debt - Debt (116.1) (131.1) - Cash and cash equivalents 141.0 118.6 Net Cash (Debt) 24.9 (12.5) Shareholders Funds 213.0 209.8 Net assets per share (US cents) 12.63 12.43 Net gearing ratio (Net debt / Shareholders
Slide 18: Dividends
Dividends FYE 2016 FYE 2015 FYE 2014 First Interim Dividend (US cents) 0.500 0.430 0.750 Second Interim Dividend (US cents) 0.600 0.500 0.680 Total Dividend (US cents) 1.100 0.930 1.43 Dividend Pay-out Ratio (as a % of PATAMI) 70% 50% 50% Share Price as at 31 March RM0.72 RM0.68 RM0.91 Dividend Yiel
Slide 19: Share Price & NAV per Share (in RM)
Share Price & NAV per Share (in RM) 0.8 NAV Share Price (month-end closing) 0.7 0.6 0.5 RM 0.4 0.3 0.2 0.1 0.0 18
Slide 20: (3) Strategic Update
Agenda (3) Strategic Update 19
Slide 21: Strategic Update – Malaysia: Strengthening digital media platforms
Strategic Update – Malaysia Strengthening digital media platforms (1) E-papers • Continue to collaborate with The Star for joint e-package in West & East Malaysia. • Partner with key retailers including Sen Heng, KK Supermart, 99 Speed Mart, Popular Book Store and RedOne for comprehensive e-paper di
Slide 22: Strategic Update – Malaysia (cont'd): E-papers
Strategic Update – Malaysia (cont’d) Strengthening digital media platforms (1) E-papers (cont’d) • Sin Chew e-paper crew was launched in mid November 2015 to engage with young readers. • Jointly organise roadshows with corporate sponsors (e.g. U-Mobile) to engage with young readers from universities
Slide 23: Strategic Update – Malaysia (cont'd): Pocketimes online video portal
Strategic Update – Malaysia (cont’d) Strengthening digital media platforms (cont’d) (2) Pocketimes online video portal • Providing short video clips of breaking news, business & sports, etc. • Providing live interactive talk shows on major events. • New version of upgraded Pocketimes with new entert
Slide 24: Strategic Update – Malaysia (cont'd): Growing e-commerce platform
Strategic Update – Malaysia (cont’d) Growing e-commerce platform (3) Web portals • Revamping web portals to be more interactive & mobile friendly. • www.sinchew.com.my mobile site is expected to be launched in June 2016. • Enhancing user experience and expanding mobile reach. (4) Logon e-marketplace
Slide 25: Strategic Update – Malaysia (cont'd): Diversifying to non-media business
Strategic Update – Malaysia (cont’d) Diversifying to non-media business (4) Logon e-marketplace (cont’d) • Exploring event base online ticket selling to increase revenue and customer base, e.g. seminars & marathon etc. • Recruiting individual merchants and international merchants. • Organising event
Slide 26: Malaysia: MCIL's strength in reaching out
Malaysia: MCIL’s strength in reaching out… Approximately 700,000 circulation copies per day Approximately 2.7 million readers per day More than 5.1 million unique visitors per month More than 47 million page views per month More than 4.4 million combined followers on social media platforms
Slide 27: Strategic Update – Hong Kong: New Websites/Apps
Strategic Update – Hong Kong 1) New Websites/Apps HEALTH JOB THAT CARE www.healthcareersasia.com • Easy navigation & editable • Focus on Health Sector in Asia • Fully responsive • Regional Exposure • Multi-device platform • Aggregate Health Event • Social media integration 26
Slide 28: Strategic Update – Hong Kong (cont'd): New Websites/Apps
Strategic Update – Hong Kong (cont’d) 1) New Websites/Apps • PEOPLE . ENGAGE . REVENUE • www.indievent.net To be one of leading Hong Kong event directory website. • Promote & Post events • List events by sector or by event category • Search event by date/location and export its to Outlook, Google Ca
Slide 29: Digital Performance (Ming Pao Daily News)
Strategic Update – Hong Kong (cont’d) 2) Digital Performance (Ming Pao Daily News) Online readership (2015 vs 2014) +74% (Source: Nielsen Media Index 2015 Year-end Report) Facebook page for mingpao.com instant news (May 2015) reached 245,712 fans for mingpao.com instant news and all together 15 face
Slide 30: Digital Performance (Ming Pao Daily News) – Pageviews and Ranking
Strategic Update – Hong Kong (cont’d) 2) Digital Performance (Ming Pao Daily News) Pageview (Jan - Apr 2016 vs Jan - Apr 2015) +17% for mingpao.com as a whole including news, lifestyle and finance & self enhancement channels, amongst them followings are key engines for growth +31% for news mobile
Slide 31: (4) Outlook
Agenda (4) Outlook 30
Slide 32: Outlook Statement FY 2017
Outlook Statement FY 2017 The Group navigated through a progressively more challenging business environment during the year under review, and the Board expects another tough year ahead in 2016/2017 in light of the ongoing economic uncertainties and currency volatility. The Board remains cautious on
Slide 33: Outlook Statement FY 2017 (cont'd)
Outlook Statement FY 2017 (cont’d) financial year, any further appreciation of US dollar against RM and the Canadian dollar would negatively affect the Group’s overall performance. The Group’s travel business is expected to continue to face difficult market conditions in the year ahead amid people’s
Slide 34: Forward Looking Statements
Forward Looking Statements This presentation includes certain forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that Media Chinese International Ltd expects or anticipates will or may occur in the future are forward
Slide 35: Thank you
Thank you 34
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