Xmh Holdings Ltd. · SGX:BQF
Xmh — Investor Presentation (June 2012)
18 slides from Xmh's investor presentation, Jun 27, 2012
Slide 1: XMH Holdings Ltd. Corporate Presentation
6/27/2012 POWERED FOR GROWTH 1 Your Connection to the Right Machine XMH HOLDINGS LTD. A DIESEL ENGINE, PROPULSION AND POWER GENERATING SOLUTIONS PROVIDER IN THE MARINE AND INDUSTRIAL SECTORS Corporate Presentation 2 Important Notice The information contained in this presentation (the "Information")
Slide 2: Corporate Overview: Brief Corporate Profile
6/27/2012 POWERED FOR GROWTH 3 Your Connection to the Right Machine CORPORATE OVERVIEW XMH HOLDINGS LTD. 4 Brief Corporate Profile About XMH • A diesel engine, propulsion and power generating solutions provider in the marine and industrial sectors • Over 50 years of operating track record mainly in
Slide 3: Key Milestones and Key Management
6/27/2012 5 Key Milestones 1955 1960 - 70s 1980s 1990s 2000s •2010 • Founder Mr Tan Tum • Resale of used • Leading supplier of used • Xin Ming Hua • Progressively secured Beng started a small industrial diesel industrial and marine (“XMH”) incorporated distribution rights for machinery repair and en
Slide 4: Business Overview: Share Statistics
6/27/2012 7 Share Statistics Bloomberg code XMH SP EQUITY Reuters code XMHL.SI Share Price S$0.181 Market Capitalization (386.3M S$69.9 million shares) P/E 6.78 NAV per share S$0.11 Free Float 18.8% Substantial Shareholders Directors 65.8% Source: Bloomberg as at 26 June 2012 XMH HOLDINGS LTD. POWER
Slide 5: Business Segments and Product Range & Applications
6/27/2012 9 Business Segments XMH Holdings Distribution and Provision After-Sales Services, of Value-added Trading and Others Products and Services Sourcing & Supply of Trading of Agency In-House Brand/ Repair & Spare Parts & Machinery & Products Customised Solution Maintenance Accessories Component
Slide 6: Key Geographical Markets and Distribution Brands
6/27/2012 11 Key Geographical Markets China Middle East India Myammar Thailand Vietnam Philippines Cambodia Malaysia Sri Lanka Singapore Maldives Indonesia XMH HOLDINGS LTD. 12 Reputable Distribution Brands BRAND PRODUCT TYPE TERRITORIES 1) Limited range of high-speed and 1) China, India, Indonesia,
Slide 7: Reputable Distribution Brands and In-house Brands
6/27/2012 13 Reputable Distribution Brands BRAND PRODUCT TYPE TERRITORIES Reintjes Gearboxes and related spare parts Indonesia D-I Gearbox Steering Systems and PTO Singapore and Indonesia Singapore and Indonesia China, India, Indonesia, Korsør Controllable pitch propellers Malaysia, Middle East, Sin
Slide 8: After-Sales Services and Key Competitive Strengths
6/27/2012 15 After-Sales Services & Trading Activities • Provision of after-sales services such as repair and maintenance – Supported by a team of skilled and experienced engineers and technicians • Sourcing and supply of spare parts and accessories – Achieve time-savings for customers by maintainin
Slide 9: Key Competitive Strengths
6/27/2012 17 Key Competitive Strengths • Developed strong customer and supplier relationships over the years – Strong customer loyalty with high repeat sales averaging over 70% in the last three financial years – Key distributor of Mitsubishi for 16 years and running • Experienced and committed mana
Slide 10: FY2012 Key Highlights
6/27/2012 19 FY2012 Key Highlights 11.4% Revenue S$62.2 million 19.7% Gross profit S$15.7 million 11.1% Operating profit S$11.4 million Net profit 5.9% S$9.5 million XMH HOLDINGS LTD. 20 CAGR growth Revenue Gross Profit CAGR CAGR growth growth (2008-2012) (2008-2012) + 3.9% + 12.0% Operating Net Pro
Slide 11: Results Highlight: Profit & Loss and Balance Sheet
6/27/2012 Results Highlight 21 FY2012 y-o-y Profit & Loss FY2012 FY2011 Change S$’000 S$’000 % Mainly due to rescheduling of Revenue 62,249 70,237 (11.4) deliveries, order cancellations and market uncertainities Gross Profit 15,656 19,491 (19.7) Consistent with reduction in revenue Gross Profit Marg
Slide 12: Revenue Trend and Profitability Trend
6/27/2012 23 Revenue Trend All amounts stated are in S$’ million unless otherwise stated 74.5 70.2 65.5 7.2 9.3 62.2 53.4 8.2 7.9 11.3 67.3 57.3 60.9 54.3 42.0 FY2008 FY2009 FY2010 FY2011 FY2012 Distribution After-Sales XMH HOLDINGS LTD. Profitability Trend 24 S$’ million 25.0 30.0% 27.8% 27.8% 20.0
Slide 13: Profitability Trend and Financial Position
6/27/2012 Profitability Trend 25 S$’ million 20.0 30.0% 23.6% 15.0 20.0% 15.3% 10.0 12.8% 9.6% 8.1% 10.0% 5.0 5.1 5.3 17.6 9.0 9.5 - 0.0% FY2008 FY2009 FY2010 FY2011 FY2012 Net Profit Net Profit Margin XMH HOLDINGS LTD. Financial Position 26 Net Gearing Net Cash Net Cash Net Cash Net Cash Net Cash F
Slide 14: Financial Position; Future Plans (Use of Proceeds)
6/27/2012 Financial Position 27 Cash and Cash Equivalents (S$’ million) 53.9 39.2 33.1 31.0 30.3 FY2008 FY2009 FY2010 FY2011 FY2012 XMH HOLDINGS LTD. POWERED FOR GROWTH 28 Your Connection to the Right Machine FUTURE PLANS (USE OF PROCEEDS) XMH HOLDINGS LTD. 14
Slide 15: Enhance Range of Value-Added Offerings
6/27/2012 29 Enhance Range of Value-Added Offerings • Expand in-house range of products and services – Further develop range of power generating units under“e-Gen” trademark and strengthen“XMH IPS” project management services – Establish assembly line for in-house range of power generating sets – Ac
Slide 16: Industry Prospects
6/27/2012 POWERED FOR GROWTH 31 Your Connection to the Right Machine INDUSTRY PROSPECTS XMH HOLDINGS LTD. 32 Industry Prospects • Benefit from global demand for natural resources from Indonesia, couple with gradual implementation of the Cabotage Principle – Increase in demand for coal export and dom
Slide 17: Industry Prospects
6/27/2012 33 Industry Prospects • Potentially benefit from continual growth in oil & gas sector – Increased offshore oil & gas exploration activities to alleviate current oversupply situation in offshore support vessels (OSVs) – Potential replacement of a number of OSVs which are near their scrap ag
Slide 18: Key Investment Merits; End of Presentation
6/27/2012 35 Key Investment Merits Established presence in the marine industry in Singapore since the 1980s Experienced and committed management team Diversified customer base allows minimisation of fluctuations in demand arising from a downturn in any particular sector Exposure to significant growt