Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — Q4 FY2017 Earnings Presentation
15 slides from Drb-hicom Bhd's earnings presentation, May 2017
Slide 1: 4QFY2017 Financial Results
4QFY2017 Financial Results Quarter Ended 31 March 2017
Slide 2: Disclaimer
Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any securities and neither this presentation nor anything contained in it shall form the basis of, or be relied on in connection with any contract or commit
Slide 3: Key Highlights
Key Highlights 1 Recorded revenue of RM12.06 billion in FY17 (FY16: RM12.17 billion). Lower LBT y-o-y by 73.0% mainly due to:- 2 1) Gain realised on disposal of Corwin Holding Pte. Ltd. of RM398.1 million 2) One-off exceptional loss on re-measurement of previously held equity interest in Pos Malaysi
Slide 4: Foreign Strategic Partnership
Foreign Strategic Partnership DRB-HICOM on 24 May 2017 had signed the Heads of Agreement with Geely on the Proposed Joint Venture (“JV”) / Divestment as follow: Geely to acquire 49.9% equity in PROTON Holdings Berhad (“PROTON”) DRB-HICOM to divest 100% equity in Lotus Advance Technologies Sdn.
Slide 5: Results Summary for the Financial Year Ended 31 March 2017
Results Summary for the Financial Year Ended 31 March 2017 4Q16 3Q17 4Q17 FY16 FY17 (RM million) Operating Revenue 2,632.8 3,431.9 3,481.6 12,172.9 12,058.3 Other Income 71.1 565.7 115.2 469.5 837.5 Cost of Sales and Operating (3,220.1) (3,434.6) (3,533.9) (12,981.8) (12,304.9) Expenses (Loss)/Profi
Slide 6: Group Revenue
Group Revenue (RM million) YoY: 0.9% FY17 Revenue Breakdown 12,172.9 12,058.3 by Segment YoY: 32.2% 293.8 427.3 PAC 2,513.2 3% QoQ: 1.4% 3,553.5 Services 30% RM12.1 billion 3,431.9 3,481.6 Automotive 9,365.9 2,632.8 37.5 246.9 8,077.5 67% 110.8 1,119.5 1,124.6 620.9 1,901.1 2,274.9 2,110.1 4Q16 3Q17
Slide 7: Group PBT/(LBT)
Group PBT/(LBT) (RM million) YoY: 65.7% QoQ: 73.0% QoQ: 4.4% (222.2) 422.3 (822.1) 485.8 (744.3) (255.6) 395.2 18.6 98.5 360.8 12.7 141.7 251.9 29.3 94.5 (20.1) (478.2) (772.5) (813.8) (953.6) 4Q16 3Q17 4Q17 FY16 FY17 Automotive Services PAC Total PBT figures include Investment Holding as tabulated
Slide 8: Automotive
Automotive Revenue (RM million) YoY: 13.8% FY17 Automotive YoY: 11.0% 9,365.9 Revenue Breakdown 8,077.5 AD QoQ: 7.2% 4,787.3 18% 4,133.5 AC PROTON RM8.1 8% 51% billion 2,274.9 2,110.1 2,463.2 1,901.1 1,815.7 D&A 674.7 649.5 23% 1,121.2 1,196.7 934.9 438.2 574.3 300.9 1,440.7 1,478.8 207.2 183.0 182.
Slide 9: Marque Sales Performance
Marque Sales Performance (April 2016 to March 2017) Units 100,336 93,718 91,534 72,441 10,344 8,696 FY16 FY17 FY16 FY17 FY16 FY17 12,764 12,407 1,531 1,468 1,442 794 FY16 FY17 FY16 FY17 FY16 FY17 Source: MAA 9
Slide 10: DRB-HICOM's Market Share
DRB-HICOM’s Market Share Market Share YTD (April 2016 to March 2017) Others Total Industry Volume 67% 589,708 units DRB-HICOM 33% 195,031 units New Launches from January to March 2017 PROTON 37% Honda 51% 7% 5% 10
Slide 11: Services
Services Revenue (RM million) YoY: 41.4% YoY: 81.1% FY17 Services 3,553.5 Revenue Breakdown 20.4 QoQ: 0.5% Education 2,513.2 1% 1,473.5 15.4 Banking 34% 484.0 Logistic 41% RM3.6 1,119.5 1,124.6 811.3 855.6 billion 4.6 620.9 5.7 594.4 602.6 4.7 Concession 124.5 1,202.5 1,204.0 163.9 223.5 221.5 24% 3
Slide 12: Property, Asset and Construction
Property, Asset and Construction Revenue (RM million) YoY: >100% YoY: >100% Glenmarie Johor QoQ: >100% 427.3 Proton City 293.8 246.9 110.8 37.5 4Q16 3Q17 4Q17 FY16 FY17 Laman Glenmarie 12
Slide 13: Financial Position and Key Ratios
Financial Position and Key Ratios As at As at As at As at (RM billion) 31 Mar’16 31 Mar’16 31 Mar‘17 31 Mar‘17 (Audited) (Audited) Property, Plant & Equipment 6.4 5.7 Net Assets Per Share (RM) 3.14 3.38 Banking Related Assets 22.9 22.1 Gearing Ratio (times)*: Inventories 2.3 1.8 Gross 0.62 0.81
Slide 14: Shareholders of DRB-HICOM
Shareholders of DRB-HICOM As at 31 March 2017 (%) 3.9 3.9 3.9 3.9 4.7 4.7 4.7 4.7 3.9 3.9 3.9 3.9 8.1 7.9 7.6 4.7 7.5 4.7 4.7 5.0 6.8 5.6 5.2 4.7 14.7 14.2 13.2 11.8 9.3 8.7 8.6 8.8 55.9 55.9 55.9 55.9 55.9 55.9 55.9 55.9 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Etika Strategi Sdn Bhd
Slide 15: For enquiries, please contact us at:-
For enquiries, please contact us at:- Investor Relations Level 5, Wisma DRB-HICOM No. 2 Jalan Usahawan U1/8 40150 Shah Alam, Selangor Malaysia email : invest@drb-hicom.com tel : 603-2052 8194 / 8213 fax : 603-2052 8228