Slide 1: 2015 Annual Results Presentation
Stock Code 股份代號 ：0536.HK 2015 Annual Results Presentation
Slide 2: Financial Highlights, Business Review, Prospects, Q&A
1 FINANCIAL HIGHLIGHTS 2 BUSINESS REVIEW 3 PROSPECTS 4 Q&A 2
Slide 3: Overview
Overview Compared with the results in 2014: Turnover decreased 1.6% to HK$222.7 million Operating profit increased 2.9% to HK$86.0 million Profit attributable to shareholders increased 9.7% to HK$ 81.4 million Increase in basic earnings per share of 9.7 % to HK 10.2 cents 3
Slide 4: Final & Special Dividend
Final & Special Dividend Dividend per Share (HK cents) Interim Final Special Declared interim dividend: HK 3.6 cents per share 12.2 11.6 Proposed final dividend: HK 5.1 cents per share 10.2 3.7 2.9* • The total amount of interim and proposed final dividend for 2015 represents 100% of the Group’s pro
Slide 5: Financial Highlight
Financial Highlight Year ended 31 December (HK$M) 2015 2014 Change Revenue 222.7 226.3 (1.6%) Profit from operations 86.0 83.6 2.9% Profit before taxation 92.6 85.8 7.9% Profit for the year 81.4 74.2 9.7% Profit attributable to Equity shareholders of 81.4 74.2 9.7% the Company Earnings per share (HK
Slide 6: Segment Revenue & % of Total Revenue
2015 Annual Results Segment Revenue (HK$M) & % of Total Revenue 22.5 29.5 10% 13% 18.3 18.7 8% 8% 11.7 9.7 5% 5% 2015 164.8 2014 173.8 74% 77% GETS segment generates income from customers using Security Solutions segment generates income from the Tradelink’s electronic front-end solutions for proces
Slide 7: Key Financial Ratios
Key Financial Ratios Year ended 31 December 2015 2014 Operating profit margin 38.6% 37.0% Net profit margin 36.6% 32.8% Effective tax rate 12.1% 13.6% Current ratio 1.33 2.03 Debtors’ turnover days 8 8 Dividend payout ratio 100%* 91% *The total amount of interim and proposed final dividend for 2015
Slide 8: Key Balance Sheet Items
Key Balance Sheet Items (HK$M) As at 31 December 2015 As at 31 December 2014 Property, plant and equipment 29.3 30.6 Trade receivables 21.9 23.3 Other financial assets 229.4 288.2 Cash and bank deposits 146.2 114.0 Net Asset 360.6 377.1 8
Slide 9: Strong and Healthy Financials
Strong and Healthy Financials Net cash flow from operating activities totaled HK$ 53.8 million Trade receivables at HK$ 21.9 million Debtors’ turnover day at about 8 days HK$ 146.2 million of cash and bank deposits as at 31 December 2015 Zero bad debt Zero gearing 9
Slide 10: Business Review
1 FINANCIAL HIGHLIGHTS 2 BUSINESS REVIEW 3 PROSPECTS 4 Q&A 10
Slide 11: E-Commerce - GETS Review
E-Commerce - GETS Review GETS revenue was down almost 5%, to HK$164.8 million notwithstanding our success in achieving an overall price increase for all our GETS services • Overall GETS market in 2015 dropped 1.5% due to the weak global economy • Loss of all our TTRS revenue since termination of the
Slide 12: E-Commerce - Commercial Services Review
E-Commerce - Commercial Services Review Revenue from our Commercial Services (formerly called DTTN services) in 2015 recorded a drop of about 17% to HK$9.7 million and profits down 28%, to HK$4.3 million • due to the slippage of several projects previously targeted for completion before end of 2015
Slide 13: Security Solutions - Digi-Sign/TESS Review
Security Solutions - Digi-Sign/TESS Review Total revenue in 2015 was HK$29.5 million, an increase of 31% • Maintaining uptrend of our security token delivery business for our major bank client, up about 10.2% • Successfully captured new revenue contribution from the e-cheque projects before its pilo
Slide 14: Others Services & China Review
Others Services & China Review The revenue of Other Services increased by 2.2% from HK$18.3 million to HK$18.7 million. Other services, predominantly GETS-related, offered stable contribution to our performance. Share of results from our PRC associates amounted to HK$6.6 million; roughly at par with
Slide 15: Prospects
1 FINANCIAL HIGHLIGHTS 2 BUSINESS REVIEW 3 PROSPECTS 4 Q&A 15
Slide 16: Prospects - GETS
Prospects - GETS Against a backdrop of cut-throat competition and shrinking market, we will strive to uphold our GETS revenue by maintaining our service reliability, quality and integrity, like • implementing service improvement and developing / offering more value-added services Government has expr
Slide 17: Prospects - Commercial Services
Prospects - Commercial Services With the addition of the renowned names to our customer list, we are confident in achieving a steady, strong growth of the Commercial Services business in 2016. The team will adopt a focus approach in 2016 to market our proven solutions / products as the building bloc
Slide 18: Prospects - Security Solutions
Prospects - Security Solutions Our key growth drivers of this business segment in 2016 are: E-cheque solutions • With our strong customer reference and leveraging on Government’s promotion, we expect new bank customers coming on line. • The launch of e-cheque has brought us new businesses from digit
Slide 19: Prospects - Others Services & China
Prospects - Others Services & China We expect performance of Other Services to continue steady in the coming year. • iTeM, as our B2C E-commerce platform, has been soft launched in 2015. We are conducting further enhancement of the platform for commercial launch. China Business • The re-structuring
Slide 20: Q&A
1 FINANCIAL HIGHLIGHTS 2 BUSINESS REVIEW 3 PROSPECTS 4 Q&A 20
Slide 21: Appendix - Corporate Profile
Appendix - Corporate Profile Share Information Key Business Segment GETS Services • Government Electronic Trading services (Import & Export Declaration, Dutiable Listing Date : 28 October 2005 Commodities Permit, Electronic Cargo Manifest and Certificate of Origin) Commercial Services Share Price :