Analogue Holdings Limited · HKEX:1977
Analogue — FY2019 Earnings Presentation
27 slides from Analogue's earnings presentation, March 2020
Slide 1: Analogue Holdings Limited 2019 Annual Results
(Stock code : 1977) ANALOGUE HOLDINGS LIMITED 2019 Annual Results 1
Slide 2: Disclaimer
DISCLAIMER By attending the meeting for this report or reading information in this report, you agree to be bound by the following restri ctions： The information in this report is prepared by Analogue Holdings Limited (the “Company”), which is for reference only and used on a confidential basis and d
Slide 3: Contents
CONTENTS 21 Company Overview 32 Highlights in FY2019 53 Business Review 54 Financial Overview 55 Innovative Technologies 6 Growth Strategies 3
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
COMPANY OVERVIEW 1st A leading E&M engineering service provider in Hong Kong Provides a range of E&M engineering and technology services including; (i) building services; (ii) environmental engineering; (iii) ICBT; and (iv) lifts & escalators to private and public sector clients in Hong Kong, Mainla
Slide 6: Highlights in FY2019
HIGHLIGHTS IN FY2019
Slide 7: Highlights in FY2019
HIGHLIGHTS IN FY2019 Satisfactory order intake of HK$ 6.5 billion, up 13.3% YOY Net profit Maintain leading position in Hong margin Kong with revenue increased to HK$ 4.5 billion Record High 5.5% Value of Outstanding contracts in hand increased to Awarded 316 tenders* HK$ 9.4 billion, High dividend
Slide 8: Business Review
BUSINESS REVIEW
Slide 9: Building Services
BUILDING SERVICES Design, installation, testing and commissioning and maintenance of heating ventilation and air-conditioning systems, fire service systems, plumbing and drainage systems and electrical and extra low voltage systems and combined service E&M engineering contracts for a wide range of b
Slide 10: Environmental Engineering
ENVIRONMENTAL ENGINEERING Integrated E&M solutions for the design, construction, operation and maintenance of environmental engineering for sewage, water, solid waste, sludge and gas treatment • Value of outstanding contracts: HK$ 2,335 million • Exploring opportunities in Belt and Road countries an
Slide 11: ICBT (Information, Communications & Building Technologies)
ICBT (INFORMATION, COMMUNICATIONS & BUILDING TECHNOLOGIES Design, hardware and software development, engineering, installation and maintenance of information & communication technology solutions and intelligent and green building technology solutions • Value of outstanding contracts: HK$ 834 million
Slide 12: Lifts & Escalators
LIFTS & ESCALATORS Design, production, sale and installation and maintenance service for a wide range of lifts and escalators and moving walkway meeting different uses and requirements • Value of outstanding contracts: HK$ 436 million • Obtained the highest rating in safety and quality performance f
Slide 13: Financial Overview
FINANCIAL OVERVIEW
Slide 14: Key Financial Data
KEY FINANCIAL DATA (HK$ in millions) FY2018 FY2019 Revenue 5,966.0 4,481.9 Gross Profit 888.4 786.7 Gross Profit Margin 14.9% 17.6% Net Profit 315.3 245.0 Net Profit Margin 5.3% 5.5% Earning per Share (cents) 30.0 20.0 Final dividend per Share (cents) N/A 8.92 Dividend Payout Ratio N/A 51.0% Value o
Slide 15: Revenue Breakdown
REVENUE BREAKDOWN Revenue by Segment Revenue by Nature (HK$ in millions) (HK$ in millions) 5,966.0 5,966.0 249.3 4.2% 193.9 3.3% 4,481.9 4,481.9 424.5 7.1% 551.4 9.2% 274.3 6.1% 222.8 5.0% 865.8 14.5% 444.4 9.9% 679.1 15.1% 1,086.9 24.3% 5,220.7 87.5% 4,426.5 74.2% 3,580.0 79.9% 2,676.3 59.7% FY2018
Slide 16: Gross Profit
GROSS PROFIT Gross Profit & Gross Profit Margin (HK$ in millions) Gross Profit Margin: +2.7% 14.9% 17.6% 888.4 786.7 FY2018 FY2019 16
Slide 17: Healthy Financial Position
HEALTHY FINANCIAL POSITION (HK$ in millions) 31 Dec 2018 31 Dec 2019 Current assets 2,660.3 3,000.8 Current liabilities 1,831.0 1,619.8 Bank balances and cash 570.0 686.5 Net current assets 829.3 1,381.0 Total assets less current liabilities 1,221.9 1,803.5 Current ratio 1.5x 1.9x Gearing ratio - -
Slide 18: Innovative Technologies
INNOVATIVE TECHNOLOGIES
Slide 19: Environmental Engineering
ENVIRONMENTAL ENGINEERING Advanced Technologies in Environmental Systems • ATAL Multistage Flocculation System (AMSFS I & II) For suspended solid removal in wastewater treatment • ATAL Multistage Flocculation Magnetic (AMSFM) A containerized high rate clarifier system for black stream water treatmen
Slide 20: ICBT
ICBT Smart Energy Analytics Platform • An award-winning solution - Cloud-based Chiller Plant Energy Management Platform, all-in-one system leveraging big data analytics and machine learning for building energy efficiency • Physics-guided Machine Learning (PGML) technologies: utilizing the power of A
Slide 21: Lifts & Escalators
LIFTS & ESCALATORS High Speed Lifts • Design and build high-speed lifts that can handle speeds of up to 7 metres per second or 1,400 feet per minute, double the speed of commonly used lifts Luxury Lifts • State-of-the-art technology meets Italian luxury design in high-end fashion stores, residential
Slide 22: Growth Strategies
GROWTH STRATEGIES
Slide 23: Growth Strategies
GROWTH STRATEGIES Record high outstanding contracts in hand: HK$ 9.4 billion Stable profitability with steady gross profit margin Growth Strategies Nurturing young engineers - New technology - New market Long-term graduate trainee - New business model and apprenticeship training program 23
Slide 24: M&A Opportunities
M&A OPPORTUNITIES Facilitating business growth horizontally, vertically & geographically Lifts & Discussion with companies in South East Asia, Escalators North America and Europe Building Services 24
Slide 25: Acquisition of TEI
ACQUISITION OF TEI • Acquired 51% shares of Transel Elevator & Electric Inc. (“TEI”) for a consideration of US$ 35.7M through the Group’s wholly owned US subsidiary • The payments are by stages subject to achieving the business plan in 2020 and 2021 • The M&A will create strategic synergies within t
Slide 26: Shareholding in Nanjing Canatal (603912.SH)
SHAREHOLDING IN NANJING CANATAL (603912.SH) • Nanjing Canatal Data Centre Environmental Tech Company Limited (南京佳力圖機房環 境技術股份有限公司), a company incorporated in the PRC • Listed on the Shanghai Stock Exchange since November 2017 • Engaged in research and development and production of precision air-condi
Slide 27: Thank You
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