Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — H1 FY2016 Earnings Presentation
15 slides from Drb-hicom Bhd's earnings presentation, November 2015
Slide 1: 1HFY2016 Financial Results
1HFY2016 Financial Results Quarter Ended 30 September 2015
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 Revenue PBT Intense competition amid challenging (RM million) economic environment and weaker 10.3% consumer sentiment resulted in lower 10.7% YoY Automotive and overall Group’s 6,949.4 80.8% 6,204.2 revenue and PBT. 215.6% 361.2 3,254.0 Steady PBT growth in Services sector YoY 2,
Slide 4: Results Summary 1HFY16
Results Summary 1HFY16 2Q15 1Q16 2Q16 QoQ (%) 1H15 1H16 YoY (%) (RM million) Operating Revenue 3,224.7 2,950.2 3,254.0 10.3 6,949.4 6,204.2 (10.7) Other Income 172.8 154.4 207.1 34.1 291.0 361.5 24.2 Cost of Sales and (3,192.3) (3,046.0) (3,299.3) (8.3) (6,802.6) (6,345.2) 6.7 Operating Expenses Pro
Slide 5: Segmental Revenue
Segmental Revenue (RM million) YoY: -10.7% 6,949.4 YoY: +0.9% 156.6 6,204.2 1HFY16 Revenue Breakdown 1,382.3 127.9 by Segment QoQ: +10.3% 1,269.1 PAC 2% Services 3,224.7 2,950.2 3,254.0 20% 96.3 58.5 601.9 69.4 634.4 5,410.5 RM6.2 634.7 4,807.2 billion 2,526.5 2,246.1 2,561.1 Automotive 78% 2Q15 1Q1
Slide 6: Segmental PBT
Segmental PBT (RM million) YoY: -80.8% 361.2 29.6 YoY: -70.1% 1HFY16 PBT Breakdown by Segment² QoQ: +215.6% 176.1 166.7 PAC Automotive 7% -4% 24.5 69.4 11.9 RM 69.4 153.8 16.7 52.7 million 7.5 4.4 163.6 167.3 79.2 Services 88.1 97% 43.6 11.4 (6.8) (18.2) ² Total PBT breakdown exclude Investment Hold
Slide 7: Automotive Segment
Automotive Segment Revenue YoY: -11.2% (RM million) 5,410.5 755.5 4,807.2 1HFY16 Automotive YoY: +1.4% 287.3 1,218.8 Revenue Breakdown QoQ: +14.0% 315.0 D&A 25% 2,526.5 2,561.1 362.0 2,246.1 RM4.8 636.2 4,367.7 142.0 582.6 149.0 AC billion 166.0 3,273.4 7% AD 68% 2,022.5 1,775.9 1,497.5 2Q15 1Q16 2Q
Slide 8: Marque Sales Performance
Marque Sales Performance Units 21,451 22,815 27,709 28,630 19,544 22,524 3,098 2,853 2,758 2Q15 1Q16 2Q16 2Q15 1Q16 2Q16 2Q15 1Q16 2Q16 3,559 609 VW Beetle Club Edition898 2,513 838 404 427 421 718 320 409 1,993 2Q15 1Q16 2Q16 2Q15 1Q16 2Q16 2Q15 1Q16 2Q16 2Q15 1Q16 2Q16 8
Slide 9: DRB-HICOM's Market Share
DRB-HICOM’s Market Share Market share 1HFY16 (Apr-15 to Sept-15) Others Total Industry Volume 66% 317,082 units DRB-HICOM DRB-HICOM 34% 108,240 units TIV Breakdown: National vs Non-National 47% PROTON 16% 41% 1% Non-national 1% 52% National 32% 6% 4% 9
Slide 10: Services Segment
Services Segment Revenue (RM million) YoY: -8.2% 1,382.3 1HFY16 Services Revenue 1,269.1 60.5 Breakdown YoY: +5.4% 6.1 212.0 239.6 QoQ: -0.1% 146.8 Logistic 19% 444.6 601.9 634.7 634.4 437.6 Banking 12.6 4.0 2.1 RM1.3 46% 116.7 122.9 104.1 Concession billion 229.6 220.0 224.6 Concessi 578.8 on 35% 5
Slide 11: Services
Services Revenue KLAS (RM million) 239.6 212.0 116.8 122.8 104.1 * 1H15 1H16 2Q15 1Q16 2Q16 * KLAS Group including Konsortium Logistic Berhad & DRB-HICOM ASIA Kargo Express. Alam Flora 364.7 373.8 193.8 183.4 190.4 1H15 1H16 2Q15 1Q16 2Q16 Puspakom 72.9 70.8 35.8 36.6 34.2 1H15 1H16 2Q15 1Q16 2Q16 1
Slide 12: PAC Segment
PAC Segment Revenue (RM million) QoQ: -18.3% 156.6 1HFY16 PAC Revenue YoY: -39.3% 5.6 Breakdown 25.7 127.9 QoQ: -15.7% 8.6 Construction 7% 96.3 24.2 Asset 3.2 19% 13.1 69.4 RM127.9 4.3 58.5 million 11.1 125.3 4.3 13.1 95.1 80.0 54.0 Property 41.1 74% 2Q15 1Q16 2Q16 1H15 1H16 Property Asset Construct
Slide 13: Financial Position and Key Ratios
Financial Position and Key Ratios As at As at As at As at (RM billion) 31 Mar’15 31 Mar’15 30 Sept‘15 30 Sept‘15 (Audited) (Audited) Property, Plant & Equipment 5.7 5.6 Net Assets Per Share (RM) 3.91 3.92 Banking Related Assets 21.2 21.9 Gearing Ratio (times): Inventories 2.3 2.4 Gross 0.92 0.91
Slide 14: Shareholders of DRB-HICOM
Shareholders of DRB-HICOM As at 15 September 2015 (%) 1.8 1.8 2.3 2.9 3.9 3.9 3.9 3.3 3.4 9.6 9.4 8.9 3.3 4.7 4.7 9.2 8.4 9.2 8.1 8.1 7.9 19.8 19.7 19.4 18.2 17.2 16.1 15.6 14.7 14.2 55.9 55.9 55.9 55.9 55.9 55.9 55.9 55.9 55.9 Sep-13 Dec-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Etika Str
Slide 15: For enquiries, please contact us
For enquiries, please contact us at:- Investor Relations Level 5, Wisma DRB-HICOM No. 2 Jln Usahawan U1/8 40150 Shah Alam, Selangor Malaysia email : invest@drb-hicom.com tel : 603-2052 8194 / 8781 fax : 603-2052 8228