Sitc International Holdings Co., Ltd. · HKEX:1308
Sitc International — Investor Presentation (September 2010)
23 slides from Sitc International's investor presentation, September 2010
Slide 1: SITC International Holdings Company Limited
SITC International Holdings Company Limited September 2010
Slide 2: Disclaimer
Disclaimer This document does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of SITC International Holdings Company Limited (the “Company”) in any jurisdiction or an inducement to enter into investment activity, nor may it or any part of it form
Slide 3: Contents
Contents 1 Company Overview 2 Business Highlights 3 Business Strategy 4 Financial Information 1
Slide 4: 1. Company Overview
SITC 1. Company Overview
Slide 5: Our Business
Our Business We are a leading shipping logistics company in the PRC, exclusively focused on the intra-Asia market, providing integrated transportation solutions to our customers. Freight forwarding Ship agency Container shipping Depot and Warehousing Trucking 1st 3rd 4th Largest Non-State- 3rd Large
Slide 6: Our Corporate Milestones
Our Corporate Milestones SITC has achieved a leading market position within a short period of 19 years since its establishment in 1991. 2010 Signed strategic cooperation agreement with Shanghai Port to jointly develop depot, warehousing and other logistics businesses 2009 Became market leader al
Slide 7: 2. Business Highlights
SITC 2. Business Highlights
Slide 8: Business Highlights
Business Highlights 1 Exclusively Focused on the Fast Growing Intra-Asia Market 2 Integrated “One-Stop” Logistics Services 3 Distinctive High Frequency, High Density Service Model 4 Stable and Experienced Management Team 4 Business Highlights
Slide 9: Intra-Asia Market: Largest and Fastest Growing
1 Intra-Asia Market: Largest and Fastest Growing The intra-Asia market(1) is the largest, fastest growing and most resilient trade market in the world. Intra-Asia: The Largest Trade Market Intra-Asia: Fastest Growing, Most Resilient Market 2009 Container Shipping Volume (Million TEU) Intra-Asia: Fas
Slide 10: Our Leading Position in the Intra-Asia Market
1 Our Leading Position in the Intra-Asia Market The Northeast Asia Market is mature and has stable growth while the Southeast Asia Market is fast growing and emerging. We have a leading position in the Northeast Asia Market. Since 2004, we entered into the Southeast Asia Market and have achieved str
Slide 11: Integrated "One-Stop" Logistics Services
2 Integrated “One-Stop” Logistics Services Our integrated “one-stop” services provide high quality and convenient supply chain solutions for our customers. Freight Land Depot and Customs Ship Manufacturer Forwarding Transportation Warehousing Clearance Shipping Agency Retailer Our sea freight logist
Slide 12: Extensive Logistics Service Network
2 Extensive Logistics Service Network Our integrated “one-stop” services cover 7 countries and 37 major ports and cities. Our Integrated Logistics Service Network Our Freight Forwarding Network Extensive freight forwarding services network Covers 22 major cities in China, Japan and Korea Qinhuan
Slide 13: Highly Efficient Integrated Logistics Park Business Model
2 Highly Efficient Integrated Logistics Park Business Model We enhance customer loyalty through win-win partnerships to provide depot and warehousing services with our domestic and international blue chip customers. JV Partner Location JV Description Description Joint ventures with international a
Slide 14: Unique High Frequency, High Density Service Model
3 Unique High Frequency, High Density Service Model We operate a high frequency and high density service model. Our Container Shipping Network High Density – One of the highest density networks in intra-Asia – Covers 8 countries and regions, 36 major ports, 48 trade lanes – Highest density in Nort
Slide 15: Advantage of Our Network Driven Model
3 Advantage of Our Network Driven Model In contrast to many long-haul carriers and feeder service providers that use the hub-spoke shipping model, our model seeks to optimize efficiency and profitability through our high-frequency, high-density short-haul service network Model Network Driven Model H
Slide 16: Single-Typed, Flexible Fleet Drives Our Network Driven Model
3 Single-Typed, Flexible Fleet Drives Our Network Driven Model Our single-typed fleet provides us with higher flexibility and lower vessel costs, and is fundamental to our network driven model. 36 of 42 Vessels are 1,000 TEU Type 1,000 TEU type vessel best suits our business model in terms of spac
Slide 17: Stable and Experienced Management Team
4 Stable and Experienced Management Team Our stable and experienced management team has been critical to our success. Board of Directors 80% of senior management team has been with us for over 10 years, with average shipping industry experience of about 20 years Chairman and CEO each have over 3
Slide 18: Management Team Has Strong Grasp of Industry Cycle
4 Management Team Has Strong Grasp of Industry Cycle Our management team has strong grasp of the industry cycle, purchasing a majority of our vessels at relatively low prices, giving us a long term cost advantage 1,000 – 1,100 TEU New-Build Prices (US$ million) Purchased 2 Purchased 2 Purchased 3 Pu
Slide 19: 3. Business Strategy
SITC 3. Business Strategy
Slide 20: Business Strategy
Business Strategy Our long term objective is to be a world-class integrated logistics service provider. Strengthen and Expand Our Intra-Asia Service Network, and Replicate Our Integrated Services Model 1 Throughout Our Network Northeast Asia Market: Solidify our leading position and create additio
Slide 21: 4. Financial Information
SITC 4. Financial Information
Slide 22: Financial Snapshot
Financial Snapshot Revenue Gross Profit and Gross Profit Margin (US$ million) Sea Freight Logistics Land-Based Logistics (US$ million) Sea Freight Logistics Land-Based Logistics 771.9 14.1% 14.6% 16.1% 17.1% 694.2 576.4 274.9 264.0 13.4% 10.3% 222.7 400.7 6.0% 4.9% 100.4 171.8 70.0 73.0 56.2 40.7 49
Slide 23: Cash Flow Management
Cash Flow Management Operating Cash Flow(1) Capital Expenditure (US$ million) (US$ million) Other 69.9 50.4 Container vessels 51.7 4.1 Office buildings 45.8 25.2 46.2 3.8 11.0 (25.3) 2.2 2.5 10.4 2007 2008 2009 1H 2010 2007 2008 2009 1H 2010 Trade Receivables and Payables Turnover Days EBITDA / Inte
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