Eco World Development Group Bhd. · MYX:ECOWLD
Eco World Development Group Bhd — 4Q FY2021 Earnings Presentation
24 slides from Eco World Development Group Bhd's earnings presentation, December 2021
Slide 1: 4Q FY2021 Results & Briefing
4Q FY2021 Results & Briefing December 2021
Slide 2: 4Q FY2021 Financial Results Video
Enhancing Value 4Q FY2021 Financial Results Video Scan for the video
Slide 3: Sales & Marketing Updates 4Q FY2021
Enhancing Value Sales & Marketing Updates 4Q FY2021
Slide 4: Sales Achieved
Enhancing Value SALES ACHIEVED Sales performance near historic high 53% 4.0 3.7 * 3.5 3.4 3.5 3.2 3.1 3.0 3.0 Higher than 2.5 # 2.5 2.3 FY2020 2.0 1.5 1.0 23% Above sales 0.5 target of - RM2.875 billion FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 No. of new project launches 6 5 4 3 1 Not
Slide 5: Sales Performance by Region
Enhancing Value SALES PERFORMANCE BY REGION FY2021 vs FY2020 35% 1,200 82% 300 122% 2,000 1,000 250 1,500 800 200 600 308 1,000 2,106 1,109 150 1,555 400 100 500 608 139 200 50 0 0 0 2020 2021 2020 2021 2020 2021 Eco Central Eco South Eco North FY2020 Sales FY2021 Sales
Slide 6: Sales Performance by Product Type
Enhancing Value SALES PERFORMANCE BY PRODUCT TYPE FY2021 vs FY2020 3,000 46% 119% Strong performance across all categories: 450 2,500 400 350 • > RM3 billion Residential & 2,000 300 Commercial products sold 250 482 1,500 3,040 200 1,000 2,081 150 • Eco Business Parks (Industrial) 100 220 500 50 sale
Slide 7: New Launches in 2020-2021
Enhancing Value NEW LAUNCHES IN 2020-2021 Innovative products to meet every budget Eco Botanic 2 (FY2021) Eco Grandeur & Double Storey Landed Eco Horizon (FY2021) Home & Garden Home Co-Home RM500k-800k >RM400k 698 units sold 395 units sold Eco Forest (FY2021) Eco Ardence & Ergo Home & Eco Sanctuary
Slide 8: Products to Suit Every Generation
Enhancing Value PRODUCTS TO SUIT EVERY GENERATION Breakdown by type & customer profile in FY2021 9% 9% 10% 9% 4% 31% 6% 5% >50% Products sold are 19% 16% Customer Customer priced below Units Sold 25% Profile Profile RM650k by Type by Ethnicity by Age 64% 31% 22% 40% >70% Customers below Landed - Upg
Slide 9: Future Revenue
Enhancing Value FUTURE REVENUE As at 31 Oct 2021 EcoWorld Future revenue from locked-in sales Malaysia remains high RM3.2 B + RM3.5 billion 27% of This provides: EcoWorld 1) Clear earnings visibility International 2) Strong cash-flow certainty
Slide 10: Commercial Portfolios
Enhancing Value COMMERCIAL PORTFOLIOS At EcoWorld Townships across Malaysia Scan for the video
Slide 11: Bina Bersama Campaign
Enhancing Value BINA BERSAMA CAMPAIGN Platform for local aspiring entrepreneurs to get started in EcoWorld
Slide 12: Industrial Portfolios
Enhancing Value INDUSTRIAL PORTFOLIOS 3 in Iskandar Malaysia + 1 in Klang Valley Scan for the video
Slide 13: Financial Updates 4Q FY2021
Enhancing Value Financial Updates 4Q FY2021
Slide 14: Revenue
Enhancing Value REVENUE 4Q FY2021 Financials 5% 2% Revenue increased by 5% in 4Q FY2021 and 2% for FY2021 due to: 666,050 2,200,000 1,996,681 2,042,767 0,000 635,466 2,150,000 0,000 2,100,000 2,050,000 2,000,000 1,950,000 • Good work progress achieved on site 0,000 1,900,000 1,850,000 1,800,000 1,75
Slide 15: Share of Results of Malaysian JV
Enhancing Value SHARE OF RESULTS OF MALAYSIAN JV 4Q FY2021 Financials 7% 17% Share of results of Malaysian JV: 117,738 50,692 0,000 47,243 100,860 • 7% lower in 4Q FY2021 as work progress 100,000 only able to fully resume in September 2021 + 4Q FY2020 was bolstered by higher handover in that quarter
Slide 16: Share of Results of International JV
Enhancing Value SHARE OF RESULTS OF INTERNATIONAL JV 4Q FY2021 Financials Share of Results from EcoWorld International 126% 53,982 49% recorded a loss in 4Q 2021 due to: • Write-off of planning costs and 36,031 impairment of inventories recognised by 5,000 50,000 EWI’s JVs; 27,269 • Additional incen
Slide 17: Profit After Tax
Enhancing Value PROFIT AFTER TAX 4Q FY2021 Financials 4Q FY2021 PAT was lower due to: • RM57.3 million provision for impairment of its investment in EcoWorld 41% 14% International 182,740 FY2021 PAT was higher contributed by a 72,269 160,150 28% net increase in PBT from Malaysian 150,000 Operations
Slide 18: Improving Balance Sheet
Enhancing Value IMPROVING BALANCE SHEET 4Q FY2021 Financials RM mil RM / times 4,500 0.75 0.8 0.7 4,000 0.7 0.61 3,500 0.6 Balance sheet continues to strengthen: 3,000 0.44 0.5 • Lower net borrowings to RM2.1 2,500 0.4 billion as at 31 Oct 2021 2,000 3,831 3,780 1,500 3,317 0.3 • Reduction of Net Ge
Slide 19: Commitment to Dividend Payment
Enhancing Value COMMITMENT TO DIVIDEND PAYMENT 4Q FY2021 Financials 2 sen interim dividend declared Stronger Balance Sheet & improved gearing position enabled dividend payments to improve in FY2021 Dividend Per Share Dividend Payout (sen) (RM’mil) in 4Q FY2021 2020 2021 2020 2021 Total 4 sen dividen
Slide 20: FY2022 Sales Target
Enhancing Value FY2022 SALES TARGET Moving ahead RM3.5 B Sales target set for FY2022 Focus on Enhancing Value for shareholders with aim to further improve profitability by introducing new products with higher margins
Slide 21: Bukit Bintang City Centre
Enhancing Value BUKIT BINTANG CITY CENTRE Where Exciting Things Await Opening in January 2022
Slide 22: ESG Updates
Enhancing Value ESG UPDATES Awards & Accolades received in FY2021 • EcoWorld Malaysia included into the FTSE4Good Bursa Malaysia (F4GBM ) Index in December 2020 • Conferred the EdgeProp Malaysia’s Responsible Developer: Building Sustainable Development Award 2021 • Recognised by LinkedIn Learning Ta
Slide 23: Summary
Enhancing Value SUMMARY EcoWorld Malaysia • Our efforts to Reset & Reinvent our business over the last 2 years has enabled us to: o Significantly expand our product mix & extend our market reach o Increase the speed and efficiency of both customer facing & backroom processes o Generate substantial c
Slide 24: EcoWorld - Creating Tomorrow & Beyond
ECOWorLD | [OCRENTE CREATING TOMORROW & BEYOND. ,
Eco World Development Group Berhad — 4Q FY2021 Earnings Presentation on 6ix