Eco World Development Group Bhd. · MYX:ECOWLD
Eco World Development Group Bhd — Investor Presentation (December 2024)
23 slides from Eco World Development Group Bhd's investor presentation, December 2024
Slide 1: Corporate Presentation – 4Q FY2024
CORPORATE PRESENTATION – 4Q FY2024 DEC 2024
Slide 2: Sales Update
SALES UPDATE FY2024 (AS AT 31 OCT 2024)
Slide 3: Sales Recorded in FY2024: RM4.07 Billion
SALES RECORDED IN FY2024 RM4.07 BILLION • EXCEEDED SALES TARGET OF RM3.5 BILLION BY 16% • HIGHEST EVER SALES BY THE GROUP IN A SINGLE YEAR / Eco Botanic 2 in Iskandar Malaysia
Slide 4: FY2024 Sales by Region
FY2024 SALES BY REGION HIGHEST CONTRIBUTION BY ECO SOUTH Eco Central Eco South Eco North RM1.27B |31% RM2.33B |57% RM470M |12% • Eco South was the largest contributor – 45% increase from the previous record high of RM1.6 billion recorded by the region in FY2023 • Eco Central sales from existing phas
Slide 5: FY2024 Sales by Revenue Pillar
FY2024 SALES BY REVENUE PILLAR STRONG CONTRIBUTIONS FROM EVERY MARKET SEGMENT Residential: RM2.30 B | 57% of Group Sales RM 626 m Eco Townships - 82% sales from upgrader homes priced above 15% RM650,000 RM 1,220 m Eco Rise - fastest growing pillar. Sales > 2X FY2023, with 2,200 30% units of duduk ap
Slide 6: 4-Year Sales Analysis by Revenue Pillar
4-YEAR SALES ANALYSIS BY REVENUE PILLAR MARKET REACH EXPANDED + LAUNCH FLEXIBILITY AMPLIFIED SALES (RM’MIL) 3,522 3,841 3,605 4,065 INDUSTRIAL: 626 RM1.1B | UP 6% FROM FY2023 753 482 480 1,042 248 COMMERCIAL: 741 656 773 515 RM656m | UP 27% FROM FY2023 286 509 1,083 Residential: 2,019 2,061 RM2.3 B
Slide 7: Sustained Demand for Upgrader Homes
FY2024 ECO TOWNSHIP LAUNCHES IN: Eco Grandeur | Eco Majestic | Eco Tropics | Eco Spring | Eco Botanic 2 | Eco Horizon SUSTAINED DEMAND FOR UPGRADER HOMES • BUYERS DRAWN TO ECOWORLD DNA • RM1.2 B LANDED RESIDENTIAL SOLD IN FY2024
Slide 8: Eco Rise Launched in FY2024
3 LAUNCHED IN FY2024 • SA.YOUNG 2 D’ ECO BOTANIC 2 • SANTAI D’ ECO SPRING • RIANG D’ ECO MAJESTIC • FASTEST GROWING REVENUE PILLAR • >2,200 UNITS OF DUDUK APARTMENTS SOLD IN FY2024
Slide 9: Eco Hubs: Lifestyle Strata Shop Offices and Shop Offices
Lifestyle STRATA SHOP OFFICES SHOP OFFICES • BOREALIS 2 @ ECO • RIANG SQUARE HORIZON • MAYA SQUARE • AUREA @ ECO SUN • ESPLANAD SQUARE • UTOPIA EAST ESPLANAD SQUARE UTOPIA EAST @ ECO GRANDEUR @ ECO GRANDEUR MAYA SQUARE @ ECO ARDENCELAUNCHED IN SEP 2024 RIANG SQUARE @ Eco MAJESTIC LAUNCHED IN AUG 202
Slide 10: Latest Project Launched in Oct 2024
LATEST PROJECT LAUNCHED IN OCT 2024 96 units available
Slide 11: Industrial Land Sales and Eco Business Parks
EBP I, II, & V RM626 million RM480 million INDUSTRIAL LAND sales : Ready-BUILT • MICROSOFT Customised BTS • PRINCETON DIGITAL GROUP INDUSTRIAL LAND SALES Designed for: DC|AI | CLOUD COMPUTING | HIGH-TECH MANUFACTURING | R&D
Slide 12: Financial Highlights
FINANCIAL HIGHLIGHTS FY2024 (AS AT 31 OCT 2024)
Slide 13: FY2024 Financials: Growing Revenue, Margins & Earnings
FY2024 FINANCIALS GROWING REVENUE, MARGINS & EARNINGS Revenue Gross Profit PAT FY2024 PAT from M’sia Ops: 1% 13% 60% RM343 mil RM 2,227 mil RM 2,258 mil RM 610 mil RM 304 mil (up 21% from FY2023) RM 539 mil RM 189 mil Future revenue RM3.96 bil (as at 31 Oct 2024) FY23 FY24 FY23 FY24 FY23 FY24 Signif
Slide 14: Strong Cashflows + Healthy Balance Sheet
STRONG CASHFLOWS + HEALTHY BALANCE SHEET WELL-POSITIONED FOR FUTURE GROWTH Net Cashflow from Operating Activities Historic Low Net Gearing (RM’Mil) (times) 3x FY2024 PAT of RM304 million 0.62 56% higher 890 0.44 0.31 572 0.25 0.19 FY23 FY24 FY20 FY21 FY22 FY23 FY24 • Strong cashflows from matured on
Slide 15: Landbank & Acquisitions
LANDBANK & acquisitions HIghlights
Slide 16: Commitment to Dividend Payment
COMMITMENT TO DIVIDEND PAYMENT BALANCING GROWTH + REWARDING SHAREHOLDERS 2 sen Final dividend declared in 1Q 2020 - Dividend Per Share 2021 - 2022 - 2023 - 2024 - 4Q FY2024 2Q - 2.00 2.00 2.00 2.00 6 sen 3Q - - 1.00 2.00 2.00 4Q 2.00 2.00 2.00 2.00 2.00 Total 2.00 4.00 5.00 6.00 6.00 Total dividends
Slide 17: Landbank + Recent Acquisitions
LANDBANK + RECENT ACQUISITIONS REMAINING LANDBANK AS AT DEC 2024 249 ACRES 847 ACRES Eco North (Acquired fy2025) (Acquired fy2024) 173 acres 5% Eco South 1,223 acres 31% 3,899 acres Kuala Langat Land - PHASE 2 - Remaining (8.90 acres) Landbank* Eco Central • New lands for Eco Township, Eco Rise & Ec
Slide 18: Recurring Income Portfolio
Recurring income portfolio HIghlights
Slide 19: Eco Hubs - Rental Income
ECO HUBs - RENTAL INCOME Rental Income (RM’mil) 11,014 8,122 4,518 Majestic Labs – Opening in 2H 2025 FY22 FY23 FY24 • Retail • Services • F&B • Healthcare • Education & Childcare • Entertainment
Slide 20: Menara EcoWorld
• Acquired 108 Strata Office Units for RM151 million Menara EcoWorld • The Stride @ BBCC renamed Menara EcoWorld • Rental & occupancy rates on uptrend + exciting plans to enhance @ BBCC overall development @ BBCC => drive future capital appreciation (formerly The Stride) THE LABS MITSUI SERVICED RES
Slide 21: Future Prospects
Future prospects Fy2025 & beyond
Slide 22: Future growth underpinned by 5 substantial revenue pillars
ECO TOWNSHIPS ECO RISE ECO HUBS ECO BIZ PARKS QUANTUM RESIDENTIAL COMMERCIAL INDUSTRIAL Future growth underpinned by 5 SUBSTANTIAL REVENUE PILLARS + growth in recurring income asset portfolio
Slide 23: Thank You
THANK YOU
Eco World Development Group Berhad — Investor Presentation (December 2024) on 6ix