Kln Logistics Group Limited · HKEX:636

Kln Logistics — Kerry Logistics Network — FY2016 Earnings Presentation

18 slides from Kln Logistics's earnings presentation, March 2017

  1. Slide 1: 2016 Annual Results Announcement

    2 0 1 6 A N N U A L R E S U LTS A N N O U N C E M E N T March 2017 © Kerry Logistics Network Limited. All rights reserved. 636.HK 0

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation was prepared by Kerry Logistics Network Limited (the “Company”) for reference and general information purposes only. This presentation is not intended to and does not constitute investment advice, recommendation, invitation or offer to enter into, any agreement to purcha

  3. Slide 3: 2016 Highlights

    2016 HIGHLIGHTS 2 © Kerry Logistics Network Limited. All rights reserved.

  4. Slide 4: Results Overview

    R E S U LT S O V E R V I E W HK$M 2016 FY 2015 FY YoY Segment EBIT IL 1,653 1,636 + 1% - Logistics Operations 1,131 1,125 + 1% - Hong Kong Warehouse 522 511 + 2% IFF 448 361 + 24% © Kerry Logistics Network Limited. All rights reserved. Total segment EBIT 2,101 1,997 + 5% Unallocated administrative e

  5. Slide 5: Turnover Analysis

    T U R N O V E R ( 1 ) A N A LY S I S TURNOVER(1) HK$ 24,036M + 14% YoY 50% 50% 2015 21,079 LOP HKW 2016 24,036 IFF 47% 53% © Kerry Logistics Network Limited. All rights reserved. 2016 Turnover HK$ M YoY Turnover(1) by Geographical Area 2016 Turnover HK$ M YoY IL 11,358 + 8% 15% Hong Kong 3,679 + 2%

  6. Slide 6: Segment Profit Analysis

    S E G M E N T P R O F I T A N A LY S I S SEGMENT PROFIT HK$ 2,101M + 5% YoY 82% 18% 2015 1,125 511 361 1,997 LOP HKW 2016 1,131 522 448 2,101 IFF 79% 21% © Kerry Logistics Network Limited. All rights reserved. 2016 Segment Profit HK$ M YoY Segment Profit by Geographical Area 2016 Segment Profit HK$

  7. Slide 7: Segment Profit Analysis by IL and IFF

    S E G M E N T P R O F I T A N A LY S I S SEGMENT PROFIT HK$ 2,101M + 5% YoY 82% 18% 2015 1,125 511 361 1,997 LOP HKW 2016 1,131 522 448 2,101 IFF 79% 21% © Kerry Logistics Network Limited. All rights reserved. IL IFF 2016 Segment Profit HK$ M YoY 2016 Segment Profit HK$ M YoY Hong Kong 717 + 4% 5% H

  8. Slide 8: Disclosure Visibility

    DISCLOSURE VISIBILITY 2016 2017 Hong Kong Hong Kong Mainland China Mainland China © Kerry Logistics Network Limited. All rights reserved. Taiwan Taiwan South & SE Asia Asia (ex. Greater China) Europe Americas Others(2) Europe Others(3) (2) Includes Oceania, Middle East, the Americas, Japan, Korea, R

  9. Slide 9: Currency Translation Impact - Segment Profit

    C U R R E N C Y T R A N S L AT I O N I M PA C T - S E G M E N T P R O F I T EBIT YoY Growth in Local Currencies +4% +11% +2% +3% -41% +127% In HK$ M +73 -42 2,101 © Kerry Logistics Network Limited. All rights reserved. +12 -19 +6 +48 +1% -48% +127% 0% +26 1,997 +5% +4% EBIT YoY Growth in Reporting C

  10. Slide 10: GFA under Management & Capex

    G FA U N D E R M A N A G E M E N T & C A P E X GFA 46M sq. ft. CAPEX HK$ 2,992M GFA under Management CAPEX Owned Leased HK$ M 3% 3,500 22% 30% 2,992 41% 3,000 42% 24% © Kerry Logistics Network Limited. All rights reserved. 1% 2,500 9% 18% 6% 2,176 1,451 1% 3% 2,000 1,916 1,694 919 2016 17 7 22 46M s

  11. Slide 11: Cash, Debt & Equity

    CASH, DEBT & EQUITY CASH & DEBT SHAREHOLDERS’ EQUITY(7) HK$ M HK$ M 7,500 20,000 6,933 16,541 6,000 15,533 6% 5,217 15,000 4,500 3,733 10,000 3,335 3,000 Cash (5) 5,000 1,500 Debt (6) © Kerry Logistics Network Limited. All rights reserved. 31 Dec 2015 31 Dec 2016 31 Dec 2015 31 Dec 2016 (5) Cash and

  12. Slide 12: Network Expansion

    2 0 1 6 N E T W O R K E X PA N S I O N Mainland China IL: commenced operations in Xian logistics centre (277,000 sq.ft.) Wuxi (204,000 sq. ft.) and Shanghai (1,092,000 sq. ft.) logistics centres under construction Taiwan IFF: acquired 60% of an IFF company Myanmar © Kerry Logistics Network Limited.

  13. Slide 13: Forging Ahead

    FORGING AHEAD The Strongest Servicing Network in Asia Belt & Road Ex-Greater China Asset E-Commerce IFF & Express Network Optimization © Kerry Logistics Network Limited. All rights reserved. C o n n e c t i n g G re ate r C h i n a to t h e Wo r l d via S e a , A i r, R o a d , R a i l a n d E x p r

  14. Slide 14: Q&A

    Q&A 13 © Kerry Logistics Network Limited. All rights reserved.

  15. Slide 15: Appendix I – Consolidated Income Statement

    Appendix I – Consolidated Income Statement For the year ended 31 Dec Audited Audited 2016 2015 HK$’000 HK$’000 Turnover 24,035,567 21,079,494 Direct operating expenses (20,423,980) (17,658,619) Gross profit 3,611,587 3,420,875 Other income and net gains 166,907 132,903 Administrative expenses (1,871

  16. Slide 16: Appendix II – Consolidated Statement of Financial Position

    Appendix II –Consolidated Statement of Financial Position ASSETS AND LIABILITIES Audited Audited As at 31 Dec 2016 As at 31 Dec 2015 Non-current assets HK$’000 HK$’000 Intangible assets 3,224,599 2,144,064 Investment properties 8,836,851 8,118,602 Leasehold land and land use rights 560,983 538,443 P

  17. Slide 17: Appendix II – Consolidated Statement of Financial Position (con't)

    Appendix II –Consolidated Statement of Financial Position (con’t) Audited Audited As at 31 Dec 2016 As at 31 Dec 2015 HK$’000 HK$’000 Non-current liabilities Loans from non-controlling interests 194,715 249,311 Long-term bank loans 5,483,632 2,801,152 Deferred taxation 635,192 560,369 Retirement ben

  18. Slide 18: Thank You

    THANK YOU March 2017 17 © Kerry Logistics Network Limited. All rights reserved.

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