New Hoong Fatt Holdings Bhd. · MYX:NHFATT
New Hoong Fatt Holdings Bhd — Q3 2017 Earnings Presentation
33 slides from New Hoong Fatt Holdings Bhd's earnings presentation, November 2017
Slide 1: New Hoong Fatt Holdings Berhad Q3 2017 Performance Update
NEW HOONG FATT HOLDINGS BERHAD Q3 2017 Performance Update November 2017
Slide 2: Content
CONTENT 1 Corporate Profile 2 Group’s Mission 3 Overview of Corporate Structure 4 Overview of Organization Structure 5 Corporate Information 6 Overview of Corporate Strategy 7 5-Year Financial Summary 8 Financial Performance 3Q 2017 9 Market Outlook
Slide 3: Corporate Profile
1. CORPORATE PROFILE
Slide 4: Corporate Profile: Incorporation and Listing
Date of Incorporation : 2 April 1997 as a Public Company Stock Exchange Listing : Listed on 8 June 1998, Second Board Bursa Malaysia Securities Berhad : Transferred to Main Board on 2 July 2001 (now known as Main Market) Authorised Share Capital : RM100,000,000.00 Issued & Paid Up Capital : RM75,156
Slide 5: Group's Mission
2. GROUP’S MISSION
Slide 6: Mission
MISSION We provide a wide range of quality automotive parts to our customers through an integrated supply chain system
Slide 7: Corporate Structure
3. CORPORATE STRUCTURE
Slide 8: New Hoong Fatt Holdings Berhad Corporate Structure
NEW HOONG FATT HOLDINGS BERHAD 100% owned subsidiaries Manufacturing / Export Marketing / Distribution / Trading Investment Holding Auto Global Auto Global MJ NHF NJ Manufacturing New Hoong New Hoong Fatt Jhi Soon International Parts Manufacturing Ventures SB Industries SB Fatt Auto Industries SB Ma
Slide 9: Organisation Structure
4. ORGANISATION STRUCTURE
Slide 10: Organisation Structure
Executive Chairman Managing Director Overseas Human Resource Corporate Manufacturing Trading Operations
Slide 11: Corporate Information
5. CORPORATE INFORMATION
Slide 12: Commitment to Quality and ISO 9001:2015 Certification
“ We are committed to supply quality automotive parts that fulfill customer satisfaction consistently through continual improvement with the use of process approach and risk-based thinking to achieve Quality Management System results in line with the “ organization strategic direction New Hoong Fatt
Slide 13: Core Activities
Core Activities Automotive Parts for Replacement Market Group Business Metal Plastic Trading / Marketing Manufacturing Manufacturing
Slide 14: NHF distributes
NHF distributes: In-house automotive body parts (more than 3,000 items are manufactured in-house) Third-parties’ automotive parts (from local and overseas manufacturers)
Slide 15: Distribution Channel and Export Markets
Extensive distribution channel of more than 1,000 wholesalers and retailers throughout Malaysia Exports to more than 50 countries in Asia, Central and South America, Europe and Africa
Slide 16: Local and Overseas Trading Branches
Local and Overseas Trading Branches Ampire, Shanghai Headquarters - Klang Kota Kinabalu Branch PT NHF, Indonesia Segambut Branch
Slide 17: Manufacturing Division
Manufacturing Division NHF manufactures automotive replacement body parts for REM (Replacement Equipment Market) i.e. retailers, wholesalers and workshops Grille Hood Lamp Fender Bumper Door
Slide 18: Manufacturing Machinery
Die Spot Double Booster Press 3D Laser Welding & Cutting Machine Electro Deposition Line Hydraulic Press Line Plastic Chrome Plating
Slide 19: Manufacturing Equipment
Photo Scanner CAD/CAM Vacuum Coating Milling Machine MIG Robot Injection Machine - Lamp Injection Machine - Bumper Hemming Robot
Slide 20: Corporate Strategy
6. CORPORATE STRATEGY
Slide 21: Strategic Thrusts
FY2015 - 2016 FY2017 - 2018 FY2019 - 2021 Fix the issues and Build New Businesses Consolidate and Strengthen the Core to Diversify Accelerate Growth Business Thrust 1: o Drive Sales Execution Excellence in Malaysia and Strengthen and Grow Indonesia Core Business o Explore and penetrate into new mark
Slide 22: 5-Year Financial Summary
7. 5-YEAR FINANCIAL SUMMARY
Slide 23: 5-Year Financial Summary
RM’000 2016 2015 2014 2013 2012 Revenue 231,894 207,226 200,596 210,604 217,467 Profit Before Taxation 36,810 26,570 17,900 27,357 27,669 Profit After Taxation 29,990 19,250 11,974 20,149 22,763 Total Assets 453,335 397,944 369,332 386,125 361,552 Net Cash / (Debt) (11,041) (4,987) (5,984) (10,365)
Slide 24: Financial Performance 3Q 2017
8. FINANCIAL PERFORMANCE 3Q 2017
Slide 25: Financial Performance YTD 3Q 2017 vs. YTD 3Q 2016
Financial Performance YTD 3Q 2017 vs. YTD 3Q 2016 YTD 3Q YTD 3Q RM’000 Variance Comments 2017 2016 • Higher demand from both Revenue 187,140 169,081 +10.7% local and overseas markets Gross Profit 49,524 47,629 +4.0% Gross Profit Margin (%) 26.5% 28.2% Other Operating Income 9,135 15,825 -42.3% Opera
Slide 26: Financial Performance 3Q 2017 vs. SPLY
Financial Performance 3Q 2017 vs. SPLY RM’000 3Q 2017 3Q 2016 Variance Comments • Higher demand from both Revenue 63,006 54,479 +15.7% local and overseas markets Gross Profit 15,500 15,017 +3.2% Gross Profit Margin (%) 24.6% 27.6% Other Operating Income 2,917 9,312 -68.7% Operating Expenses (14,022)
Slide 27: Financial Performance 3Q 2017 vs. Preceding Q
Financial Performance 3Q 2017 vs. Preceding Q RM’000 3Q 2017 2Q 2017 Variance Comments • Higher demand in local and Revenue 63,006 61,661 +2.2% export market, except for China market. Gross Profit 15,500 15,426 +0.5% Gross Profit Margin (%) 24.6% 25.0% Other Operating Income 2,917 3,132 -6.9% Operat
Slide 28: Key Financial Information – YTD 3Q 2017
Key Financial Information – YTD 3Q 2017 RM’000 YTD 3Q 2017 YTD 3Q 2016 Variance Profit After Tax 12,830 20,499 -37.4% Earnings Per Share (Sen) 17.07 27.27 -37.4% Operational Cash Flow (*) (8,369) 14,644 -157.1% Shareholders’ Funds 377,885 366,586 +3.1% Net Debt (30,905) (8,319) -271.5% Net Gearing R
Slide 29: Market Outlook
9. MARKET OUTLOOK
Slide 30: Local Market: Car Population
Local Market o Passenger car population in Malaysia has been growing consistently. o Malaysian Total Industry Volume (TIV) has grown steadily from 2011 onwards at the rate of around 4%. o In 2016, the Malaysia’s TIV is 580,124 units. 14.0 12.0 Car population (mil units) 10.0 8.0 6.0 4.0 2.0 0.0 93 9
Slide 31: ASEAN Automotive Market
ASEAN Automotive Market o Tremendous potential from AFTA trade liberalisation: Elimination of all import duties for ASEAN 10 Tapping a large 600 million population base ASEAN will be NHF’s home market o Thailand, Malaysia, Indonesia are the largest automotive markets in ASEAN TOTAL INDUSTRY VOLUME (
Slide 32: China Market
China Market o China is the biggest passenger car market in the world and its passenger vehicles sales has grown rapidly since 2008 o Tapping the growing market due to urbanization and macroeconomics * Source:: China Association of Automobile Manufacturers (CAAM)
Slide 33: Thank You
THANK YOU www.newhoongfatt.com.my
New Hoong Fatt Holdings Berhad — Q3 2017 Earnings Presentation on 6ix