Sunway Bhd. · MYX:SUNWAY
Sunway Bhd — Q4 2015 Earnings Presentation
14 slides from Sunway Bhd's earnings presentation, Feb 26, 2016
Slide 1: Sunway Berhad Q4 2015 Results Briefing Pack
Sunway berhad Q4 2015 Results Briefing Pack 26 February 2016 1
Slide 2: Full Year Profitability Maintained Despite SunCon Dilution
Full Year Profitability Maintained Despite SunCon Dilution 1) Full Year Performance • PATMI is maintained at RM732.4 million in 2015 (2014: RM734.0 million) despite a reduction in PATMI contribution from the Construction segment to 54.4% following the listing of Sunway Construction Group since 28 Ju
Slide 3: Overview of Key Performance Highlights
Overview of Key Performance Highlights RM mil Q4 FY 2015 Q4 FY 2014 Q3 FY 2015 YTD 2015 YTD 2014 Oct - Dec 2015 Oct - Dec 2014 Jul - Sept 2015 Jan - Dec 2015 Jan - Dec 2014 (Audited) (Audited) Revenue 1,398.8 1,193.8 951.0 4,451.3 4,558.1 EBIT 305.6 406.5 155.2 955.9 990.7 EBIT Margin 21.8% 34.0% 16
Slide 4: Balance Sheet and Gearing
Balance Sheet and Gearing RM’mil 31/12/2015 31/12/2014 30/9/2015 (Unaudited) (Audited) (Unaudited) Non-current Assets 8,929.8 6,874.9 8,031.2 Current Assets 7,064.6 5,884.3 7,546.3 Assets Held for sale - 98.0 - Total Assets 15,994.4 12,857.1 15,577.6 Current Liabilites 5,793.0 4,275.8 5,086.9 Non-cu
Slide 5: Property Development Segmental Review
Property Development Segmental Review Q4 2015 Q4 2014^ Q3 2015 YTD 2015 YTD 2014^ Revenue (RM'mil) 420.0 496.3 270.9 1,195.7 1,198.3 Operating Profit (RM'mil) 96.4 96.6 34.5 207.7 285.8 Op. Profit Margin 23.0% 19.5% 12.7% 17.4% 23.9% EBIT (RM'mil) (incl. share of assc. & JCE) 116.3 115.4 38.5 263.3
Slide 6: Sales as at December 2015
Sales as at 31 December 2015 Sales as at Dec 2015 is RM1.2 billion 222 195 171 156 63 61 57 61 55 50 43 24 19 18 15 Velocity South Quay Daiwa Land Montana Eastwood Iskandar Vivaldi Wellesley Cassia Damansara Ipoh Australia Others Singapore China Effective Sales as at Dec 2015 is RM912 million 189 15
Slide 7: Unbilled Sales as at December 2015
Unbilled Sales as at 31 December 2015 Unbilled Sales as at Dec 2015 is RM2.1 billion 633 602 340 256 134 60 22 19 14 16 Velocity South Quay Singapore Geo Iskandar Lenang Ipoh Eastwood Wellesley Others Residences Effective Unbilled Sales as at Dec 2015 is RM1.5billion 538 361 340 102 75 48 19 17 14 1
Slide 8: Property Investment Segmental Review
Property Investment Segmental Review Q4 2015 Q4 2014^ Q3 2015 YTD 2015 YTD 2014^ Revenue (RM'mil) 185.4 160.4 172.2 641.7 594.4 Operating Profit (RM'mil) 101.0 182.2 39.6 213.5 260.1 Op. Profit Margin 54.5% 113.6% 23.0% 33.3% 43.8% EBIT* (RM'mil) (incl. share of assc. & JCE) 130.9 207.8 67.0 427.6 4
Slide 9: Construction Segmental Review
Construction Segmental Review Q4 2015 Q4 2014^ Q3 2015 YTD 2015 YTD 2014^ Revenue (RM'mil) 405.9 208.5 196.8 1,222.1 1,481.5 Operating Profit (RM'mil) 26.8 47.9 23.4 159.0 126.4 Op. Profit Margin 6.6% 23.0% 11.9% 13.0% 8.5% EBIT (RM'mil) (incl. share of assc. & JCE) 26.8 48.3 23.4 157.9 129.2 EBIT M
Slide 10: Construction Order Book – RM3.7 billion
Construction Order Book – RM3.7 billion Contract O/S Order Sum Book RM'mil RM'mil Infrastructure MRT Package V4 (Sec 17 to Semantan) 1,173 320 LRT Kelana Jaya Line Extension (Package B) 569 41 Johor Urban Wellness Centre 283 15 Coastal Highway Southern Link 170 99 MRT Package V4 64% Others Putrajaya
Slide 11: Order Book Replenishment 2015
Order Book Replenishment 2015 Contract Sum Projects (RM mil) Sunway Geo Retail Shops & Flexi Suites Phase 2 244 Sunway Lenang Phase 1A 96 Sunway Iskandar -Emerald Residence 175 Putrajaya Parcel F 1,610 KLCC Package 2A (Substructure) 120 Precast 317 Others 50 Total 2,611
Slide 12: Property Launches 2015
Property Launches 2015 Project Product Type Location Stake GDV RM'mil Mount Sophia Low rise condominium Singapore 100% 600 Emerald Residence & Landed residential & Sunway Iskandar 56% 430 Emerald Boulevard 88 Retail shops Cassia Semi-D Batu Maung, Penang 100% 80 Velocity Office & Retail Jalan Peel,
Slide 13: Launches and Sales Trend
Launches and Sales Trend Effective Launches Launches Effective Sales Sales 2.4 bil 2.1 bil 2.1 bil TARGET 1.7 bil 2.0 bil 1.8 bil 1.8 bil 1.8 bil 1.7 bil 1.7 bil 1.8 bil 1.6 bil 1.4 bil 1.4 bil 1.3 bil 1.6 bil 1.5 bil 1.2 bil 1.4 bil 1.4 bil 1.3 bil 1.3 bil 980 mil 1.2 bil 1.1 bil 851 mil 1.1 bil 99
Slide 14: Thank You
Thank You Email : irsunwayberhad@sunway.com.my Website : www.sunway.com.my Next quarter announcement on 27 May 2016 This presentation may contain certain forward looking statements due to a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limi