Slide 1: APT Satellite Holdings Limited 2016 Annual Results
APT Satellite Holdings Limited Stock code: (1045) 2016 Annual Results
Slide 2: Table of Contents
Table of Contents 1. Financial Highlights 2. Satellite Fleet 3. Business Prospects 2
Slide 3: Financial Highlights
2016 Annual Results FINANCIAL HIGHLIGHTS 3
Slide 4: Financial Highlights
Financial Highlights 2016 2015 Change (HK$ M) (HK$ M) （%） Revenue 1,230 1,194 +3.0% Profit Attributable to 493 514 -3.9% Equity Shareholders Dividend The Board has resolved to declare a final dividend of HK5.00 cents per share for the financial year ended 31 December 2016. 4
Slide 5: Annual Results
Annual Results HK$ million Revenue HK$ million Profit Attributable to Equity 1,248 Shareholders 1,230 1,194 1200 508 514 493 500 1000 400 800 300 600 400 200 200 100 0 0 2014 2015 2016 2014 2015 2016 5
Slide 6: Consolidated Statement of Profit or Loss
Consolidated Statement of Profit or Loss (HK$ million) 2016 2015 % Change Revenue 1,230 1,194 +3.0% Cost of Services (493) (465) +5.7% Gross Profit 737 729 +1.2% Other Net Income 14 68 -79.4% Impairment Loss Recognised in Respect of PPE - (12) - Impairment Loss Recognised in Respect of Club Membersh
Slide 7: Turnover Breakdown
Turnover Breakdown Others Hong Kong 1.4% 11.2% Others 18.3% Video Greater 33.8% China 25.2% 64.8% Data 45.3% Southeast Asia Video Data Others Hong Kong Greater China Southeast Asia Others Note: Greater China includes Mainland China, Taiwan, Macau but excludes Hong Kong 7
Slide 8: Financial
Financial 2016 2015 Asset & Liabilities (HK$ million) (HK$ million) Total Assets 6,463 6,141 Total Liabilities 1,614 1,691 Cash Free Cash 803 1,238 Pledged Deposits - 16 Capital Commitment Contracted for 1,781 2,212 Authorised but not contracted for 195 235 1,976 2,447 8
Slide 9: Key Financial Metrics
Key Financial Metrics (HK$ million) EBITDA EBITDA Margin 1050 1019 100% 83% 1000 80% 77% 75% 957 950 60% 900 40% 898 850 20% 800 0% 2014 2015 2016 2014 2015 2016 EBITDA EBITDA Margin 9
Slide 10: Key Financial Metrics: Gearing
Key Financial Metrics Gearing 100% 80% 64% 60% 39% 38% 40% 28% 33% 25% 20% 0% 2014 2015 2016 Debt-equity ratio Debt-ratio 10
Slide 11: Satellite Fleet
a APSTAR by APT Satellite SATELLITE FLEET
Slide 12: Satellite Fleet
Satellite Fleet Launch Platform C-band Ku-band Orbital Slot APSTAR-5 2004 FS1300 38 (20) 16 (9) 138E APSTAR-6 2005 SPACEBUS 4000 38 12 134E APSTAR-7 2012 SPACEBUS 4000 28 28 76.5E APSTAR-9 2015 DFH-4 32 14 142E 181 available transponders (as of Dec 2016) • Our footprint covers 75% of world’s populat
Slide 13: Satellite Utilisation Rates
Satellite Utilisation Rates Jun-15 Dec-15 Jun-16 Dec-16 Half year Changes APSTAR-5 77.7% 75.2% 74.6% 80.5% +5.9% APSTAR-6 80.8% 80.8% 78.1% 77.8% -0.3% APSTAR-7 60.8% 65.0% 65.1% 67.4% +2.3% APSTAR-9 - 47.8% 56.1% 61.8% +5.7% • Overall average utilisation rate was 70.5% 13
Slide 14: New Satellite: APSTAR-5C
New Satellite: APSTAR-5C APSTAR-5C • Kicked off at end of 2015 • APT holds 57.47% interests • Replace APSTAR 5 satellite to ensure continuity of service at the 138E orbital slot, as well to expand the coverage and capacity for business growth • Total 63 transponder in C-band, Ku-band wideband transp
Slide 15: New Satellite: APSTAR-6C
New Satellite: APSTAR-6C APSTAR-6C • Kicked off in Oct 2015 • Replace APSTAR 6 satellite to ensure continuity of service at the 134E orbital slot, as well to expand the coverage and capacity for business growth • Total 45 transponder in C-band, Ku-band and Ka-band transponder • Will be launched in f
Slide 16: New Satellite: APSTAR-6D
New Satellite: APSTAR-6D APSTAR-6D • The satellite is developed by group’s joint venture in Mainland China • APT will invest RMB 600 million (30% interest in the joint venture) • APSTAR-6D is a high-throughput satellite, the design is optimized to serve the fast growing satellite mobility and broadb
Slide 17: Business Prospects
a APSTAR by APT Satellite BUSINESS PROSPECTS
Slide 18: Business Prospects
Business Prospects • Looking into 2017, the oversupply situation of the global transponder market will continue. • The market competition of the satellite industry will be fierce and subject to price downward pressure. • Nevertheless, the transponder utilisation rates of the Group’s satellites, APST
Slide 19: Disclaimer
Disclaimer These materials have been prepared by APT Satellite Holdings Limited (“APT”) solely for information use during its presentati on. It may not be reproduced or redistributed to any other person without the permissions from APT. By attending this presentation, you are agreeing to be bound by
Slide 20: APT Satellite Holdings Limited Investor Relations
APT Satellite Holdings Limited Investor Relations ir@apstar.com +852 2600 2100 22 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong APSTAR-5C 6C 6D NEW Capacities 2018 & 2019