China Aviation Oil (Singapore) Corporation Ltd · SGX:G92

China Aviation Oil (Singapore) — FY2020 Earnings Presentation

13 slides from China Aviation Oil (Singapore)'s earnings presentation, 2021

  1. Slide 1: China Aviation Oil (Singapore) Corporation Ltd

    China Aviation Oil (Singapore) Corporation Ltd PEM (SMR) AAPA)

  2. Slide 2: Cautionary note on forward-looking statements

    2 Cautionary note on forward-looking statements 关于预测表述的声明 This presentation slides may contain forward-looking statements that involve risks and uncertainties. These statements reflect management’s current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in

  3. Slide 3: 多元化油品业务表现坚韧

    3 一、多元化油品业务表现坚韧  2020财年供应与贸易总量下降 25.21%至2,762万吨, 主要是航 油业务下降较多。  中馏分供应与贸易量下跌35.98% 至1,425万吨，其中，航油供应与 贸易量减少42.87%至930万吨。  柴油贸易量下降17.22%至495万吨。  其它油品的贸易量下降8.86%至 1,337万吨，主要因为燃料油业务 量下降。

  4. Slide 4: 1. Resilience of Diversified Oil Products Portfolio

    4 1. Resilience of Diversified Oil Products Portfolio  Total supply and trading volume decreased 25.21% to 27.62 million tonnes for FY2020, with the jet fuel business significantly weighed down.  Supply and trading volume for middle distillates declined 35.98% to 14.25 million tonnes, with jet fue

  5. Slide 5: 受新冠疫情影响收入大幅下降

    5 二、受新冠疫情影响收入大幅下降  2020财年，公司收入减少48.30%至105.2亿美元，主要因为油价及总供应 与贸易量下跌：  中馏分收入减少58.59%至56.29亿美元；  其它油品收入减少27.59%至48.87亿美元。 按因素分析：由于价格下降减少收入47亿美元，减幅23.09%；由于销售 量下降减少收入51.3亿美元，减幅25.21%。

  6. Slide 6: 2. Revenue Impacted by COVID-19

    6 2. Revenue Impacted by COVID-19  Group revenue decreased 48.30% to US$10.52 billion in FY2020, mainly attributable to the decrease in oil prices and total supply and trading volume:  revenue from middle distillates decreased 58.59% to US$5.63 billion;  revenue from other oil products decreased

  7. Slide 7: 公司盈利基础保持稳健

    7 三、公司盈利基础保持稳健  净利润同比减少43.71%至5,619万美元, 主要是因为联营公司投资收益减少，总营运费用 亦下降26.53%，部分抵消了利润的下滑。  营业利润为3,545万美元，较上年的4,090万美元 仅减少545万美元，减幅为13.33%。  联营公司的投资收益同比减少62.17%至2,479万 美元（2019财年: 6,553万美元），其中：  浦东航油的投资收益减少至1,979万美元 （2019财年为5,883万美元），主要因为 新冠疫情影响导致加注量及油价均下滑， 造成浦东航油收入及盈利减少；  其他联营公司的投资收益同比减少25.37% 至500万美元

  8. Slide 8: 3. Earnings Base Remains Healthy

    8 3. Earnings Base Remains Healthy  Net profit decreased 43.71% year-on-year to US$56.19 million on lower share of results from associates, which were partially offset by 26.53% decrease in expenses.  Operating profit decreased 13.33% year-on-year to US$35.45 million for FY2020 from US$40.90 milli

  9. Slide 9: 公司财务状况良好，净资产稳步增加

    9 四、公司财务状况良好，净资产稳步增加 18.88亿美元 15.67亿美元 3.21亿美元 同比变动 同比变动 同比变动 +0.8% +5.8% -18.1% 资产总额 流动资产 非 非流动资产 10.11亿美元 8.77亿美元 101.94 美分 同比变动 同比变动 同比变动 -2.6% +5.02% +5.02% 负债总额 净资产 每股净资产

  10. Slide 10: 4. Robust Balance Sheet

    10 4. Robust Balance Sheet US$1.888 billion US$1.567 billion US$0.321 billion % Change % Change % Change +0.8% +5.8% -18.1% Non-current Total Assets Current Assets Assets US$1.011 billion US$0.877 billion 101.94 US Cents % Change % Change % Change -2.6% +5.02% +5.02% Net Asset Value Total Liabilitie

  11. Slide 11: 公司现金流充裕，没有带息负债

    11 五、公司现金流充裕，没有带息负债 货币资金余额2.69亿美元，较上年末的3.79亿 美元减少1.10亿美元 经营活动产生的净现金流出为1.66亿美元 投资活动产生的净现金流入为0.96亿美元 筹资活动产生的净现金流出为0.40亿美元

  12. Slide 12: 5. Healthy Financial Position

    12 5. Healthy Financial Position Cash and cash equivalents of US$269 million at end of December 2020, a decrease of US$110 million from US$379 million in the prior year. Net cash used in operating activities was US$166.2 million. Cash flows generated from investing activities amounted to US$96.71 mi

  13. Slide 13: Thank You

    China Aviation Oil (Singapore) Corporation Ltd PRIM (Stn) ARH ARS Bl) Thank You ais

China Aviation Oil (Singapore) — FY2020 Earnings Presentation on 6ix