Malaysian Pacific Industries Bhd. · MYX:MPI
Malaysian Pacific Industries Bhd — Q1 FY2021 Earnings Presentation
17 slides from Malaysian Pacific Industries Bhd's earnings presentation, January 2021
Slide 1: Malaysian Pacific Industries Berhad Investors' Briefing Q1 FY21
Malaysian Pacific Industries Berhad Investors’ Briefing Q1 FY21 DIFFERENTIATION THROUGH INNOVATION Differentiation Thru Innovation
Slide 2: Industry Outlook
INDUSTRY OUTLOOK SLIGHT GROWTH FOR SEMICONDUCTOR SALES BUT MARKET VOLATILITY CONTINUES ❑ Global Semiconductor Revenue up by 6% in Q3 2020 Vs Q3 2019 (USD 106.7B to USD 113.6B) - Semiconductor Industry Association ❑ Sequential semiconductor sales witnessed 11% growth in Q3 2020 against Q2 2020 - Semi
Slide 3: MPI Turnover Trend
MPI TURNOVER TREND QUARTERLY SALES REVENUE 110.0 104.4 105.0 100.0 98.9 95.0 93.6 USD MIL 89.7 90.0 88.4 85.0 Covid-19 Covid -19 Lockdown Lockdown in 80.0 in China Malaysia 75.0 70.0 Q1 Q2 Q3 Q4 Q1 FY20 FY21 ❑ MPI shot over the US$ 100M mark despite market uncertainties and severe ongoing pandemic.
Slide 4: MPI Sequential & Corresponding PAT Growth
MPI SEQUENTIAL & CORRESPONDING PAT GROWTH QUARTERLY PAT TREND 70.0 60.0 50.0 RM MIL 40.0 65.8 55.6 30.0 43.4 20.0 10.0 Q1 Q4 Q1 FY20 FY21 ❑ MPI PAT grew a massive 52% in Q1 FY21 against corresponding Quarter of FY20 & 18% jump compared to Q4 FY20. ❑ Continuously spending to ensure health & safety of
Slide 5: Q1 FY21 Snapshot
Q1 FY21 SNAPSHOT REVENUE Q1 FY21 Sequential Revenue Higher by 11% and 9% in USD & RM respectively. PAT Q1 FY21 PAT 52% Higher against Q1 FY20 & 18% Higher against Q4 FY20. EPS Q1 FY21 EPS 45% Higher at 28.05c Vs 19.36c of Q1 FY20 (9% Higher against 25.73c of Q4 FY20) CASH Net cash increased to RM 94
Slide 6: MPI Group Results at a Glance
MPI GROUP RESULTS AT A GLANCE Q1 FY21 Q4 FY20 Q1 FY20 Q1 vs Q4 Q1 vs Q1 YTD FY21 YTD FY20 YoY RM mil RM mil RM mil % % RM mil RM mil % Revenue 440.6 405.5 369.1 9% 19% 440.6 369.1 19% PAT 65.8 55.6 43.4 18% 52% 65.8 43.4 52% PATAMI 55.3 49.0 36.8 13% 50% 55.3 36.8 50% EPS (sen) 28.05 25.73 19.36 9%
Slide 7: MPI Group – Revenue by Geographical Location of Customers
MPI GROUP – REVENUE BY GEOGRAPHICAL LOCATION OF CUSTOMERS EUROPE 19.9% YTD FY 2021 ASIA USA 22.8% YTD FY2020 14.5% YTD FY2021 65.6% YTD FY 2021 62.8% YTD FY2020 14.3% YTD FY2020 Differentiation Thru Innovation
Slide 8: Revenue by End User Market
REVENUE BY END USER MARKET REVENUE BY END USER MARKET Q1 FY21 REVENUE BY END USER MARKET Q4 FY20 Other 1% Other 1% PC / PC / Notebook Notebook 12% 12% Automotive Automotive 29% 29% Consumer / Consumer / Communications Communications 31% 31% Industrial Industrial 27% 27% Differentiation Thru Innovati
Slide 9: MPI Group – Revenue by Operating Units
MPI GROUP – REVENUE BY OPERATING UNITS MPI REVENUE REVENUE BY OPERATING UNITS (%) 110 Carsem Dynacraft 120% 105 104 96% 97% 98% 96% 96% 100% 100 99 USD MIL 80% 95 94 60% 90 90 88 40% 85 20% 4% 3% 2% 4% 4% 80 0% Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY20 FY21 FY20 FY21 Differentiation Thru Innovation
Slide 10: MPI Group – Capex
MPI GROUP – CAPEX MPI EBITDA VS CAPEX MPI CAPEX EBITDA Capex Carsem Dynacraft 140 90 0.7 - 117 80 120 111 108 70 0.7 100 94 0.6 RM MIL RM MIL 60 81 80 82 80 50 65 0.1 61 60 40 80 82 42 30 65 61 40 20 42 20 10 - - Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY20 FY21 FY20 FY21 Differentiation Thru Innovation
Slide 11: Automation – Industry 4.0
AUTOMATION – INDUSTRY 4.0 Auto Visual Inspection (AVI) Flip Chip Inline System Before : Now : Customized AVI system for Assembly Level operations Intelligent Factory Program – Production Lines Smart Production Line – MEMS & Sensors Unit ➢ Impeccable quality standards ➢ Fully Automated Line With Mini
Slide 12: Carsem Suzhou Level 2 Production Floor - Ready!
CARSEM SUZHOU LEVEL 2 PRODUCTION FLOOR - READY! TIMELY COMPLETION OF LEVEL 2 PRODUCTION FLOOR DESPITE COVID -19 CONSTRAINTS ❑ Investment : RMB 80M for renovation ❑ Floor space: ~50,000 Sq.ft ❑ Investing in new assembly machines to cater to the increasing demand in China ❑ Committed business from our
Slide 13: Carsem Investment Plans
CARSEM INVESTMENT PLANS CARSEM CONTINUES TO INVEST HUGELY IN SENSORS, 5G TESTING, SILICON CARBIDE TECHNOLOGY 5G TESTING SZ SILICON CARBIDE S MEMS SENSORS M Higher Efficiency (SiC) Silicon Carbide Technology Higher High Performance Speed Power Conversion and EV Charging Higher Operating Temperature ▪
Slide 14: Cash Is King
CASH IS KING IN GOOD & BAD TIMES, MPI IS PROFITABLE AND CONTINUES TO ACCUMULATE CASH RM Mil 1000.0 943.1 900.0 808.9 826.0 797.7 800.0 760.7 713.4 677.2 689.0 700.0 643.9 600.0 572.6 547.3 500.0 443.8 387.0 400.0 284.0 300.0 200.0 100.0 0.0 Jun-16 Dec-16 Jun-17 Dec-17 Jun-18 Sep-18 Dec-18 Mar-19 Jun
Slide 15: Awards & Recognition
AWARDS & RECOGNITION Asia Recruitment Awards 2020 Malaysia Category: Best Campus Recruitment 2020 Asia’s Best Employer Brand Awards 3rd place in OSH Innovation Competition Organized by Department of Occupational Safety & Health. Great Suzhou Best Employer Awards Ceremony Category: Y2020 Pioneer empl
Slide 16: Summary
SUMMARY MPI surpassed US$ 100M per quarter mark in revenue despite the ongoing tough times and market uncertainty MPI PAT up by 52% even though revenue increased only 18% in Q1 FY21 compared to Q1 FY20 Carsem’s sales pipeline is strong & intact but it has shifted few quarters due to the ongoing chal
Slide 17: Thank You!
THANK YOU! Differentiation Thru Innovation
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