Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — FY2016 Earnings Presentation
15 slides from Drb-hicom Bhd's earnings presentation, May 2016
Slide 1: 4QFY2016 Financial Results
4QFY2016 Financial Results Quarter Ended 31 March 2016
Slide 2: Disclaimer
Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any securities and neither this presentation nor anything contained in it shall form the basis of, or be relied on in connection with any contract or commit
Slide 3: Key Highlights
Key Highlights Recorded revenue of RM12.17 billion in FY2016 amid the challenging market conditions. Excluding PROTON, DRB-HICOM Group’s profitability performed marginally well for the financial year ended 31 March 2016. Bank Muamalat improved revenue by 14% to RM1.2 billion YoY. CTRM improv
Slide 4: Results Summary for the Financial Year Ended 31 March 2016
Results Summary for the Financial Year Ended 31 March 2016 4Q15 3Q16 4Q16 QoQ (%) FY15 FY16 YoY (%) 4Q16 vs 3Q16 (RM million) Operating Revenue 3,209.8 3,336.0 2,632.8 (21.1) 13,687.8 12,172.9 (11.1) Other Income 151.5 36.9 71.1 92.7 555.1 469.5 (15.4) Cost of Sales and (3,228.6) (3,415.6) (3,220.1)
Slide 5: Segmental Revenue
Segmental Revenue (RM million) YoY: -11.1% 13,687.8 298.2 12,172.9 2,607.3 293.8 YoY: -18.0% 2,513.2 PAC QoQ: -21.1% Services Automotive 10,782.3 3,336.0 9,365.9 3,209.8 60.3 55.1 2,632.8 600.8 623.3 110.8 620.9 2,548.7 2,657.6 1,901.1 4Q15 3Q16 4Q16 FY15 FY16 Note : PAC – Property, Asset & Construc
Slide 6: Segmental PBT
Segmental PBT (RM million) YoY: -263.7% YoY: -1,783.9% 501.8 72.1 QoQ: -408.7% (821.3) 294.5 19.5 PAC 44.2 (744.3) Services 37.9 (146.3) 12.7 203.0 263.9 Automotive 42.9 55.3 41.3 10.7 (174.3) (5.1) (772.5) (953.6) 4Q15 3Q16 4Q16 FY15 FY16 Note: Total PBT figures include Investment Holding as tabula
Slide 7: Automotive Segment
Automotive Segment Revenue YoY: -13.1% 10,782.3 9,365.9 5,758.6 FY16 Automotive 4,787.3 Revenue Breakdown YoY: -25.4% AD 16% QoQ: -28.5% AC 7% 2,126.1 PROTON RM9.4 2,657.6 2,463.2 51% billion 2,548.7 568.0 D&A 1,313.9 1,254.9 1,901.1 26% 674.7 934.9 536.4 806.2 2,329.6 438.2 1,440.7 155.7 152.5 207.
Slide 8: Marque Sales Performance
Marque Sales Performance (April 2015 to March 2016) Units 110,731 93,718 91,534 84,013 14,184 10,344 FY15 FY16 FY15 FY16 FY15 FY16 1,929 1,633 12,826 12,407 3,836 1,531 1,468 2,325 FY2015 FY2016 FY15 FY16 FY15 FY16 FY15 FY16 Source: MAA 8
Slide 9: DRB-HICOM's Market Share
DRB-HICOM’s Market Share Market Share FY2016 (April 2015 to March 2016) Others Total Industry Volume 66% 629,635 units DRB-HICOM 34% 213,327 units TIV Breakdown: National vs Non-National 44% PROTON 15% 43% 1% Non-national 1% National 53% 6% 32% 5% 9
Slide 10: Services Segment
Services Segment Revenue (RM million) YoY: -3.6% 2,607.3 2,513.2 83.0 15.4 FY16 Services 452.4 484.0 Revenue Breakdown YoY: +3.3% 146.8 Others Logistic 1% QoQ: -0.4% 19% 811.3 870.3 RM2.5 Banking 48% billion 600.8 623.3 620.9 Concession 6.7 4.6 4.7 32% 119.9 124.5 1,202.5 132.9 1,054.8 202.8 163.9 2
Slide 11: Services
Services Revenue (RM million) 452.4 484.0 132.9 119.9 124.5 4Q15 3Q16 4Q16 FY15 FY16 * KLAS Group including Konsortium Logistik Berhad & DRB-HICOM ASIA Cargo Express. 724.7 678.0 177.6 167.1 137.2 4Q15 3Q16 4Q16 FY15 FY16 145.6 133.3 35.6 35.7 26.7 4Q15 3Q16 4Q16 FY15 FY16 11
Slide 12: PAC Segment
PAC Segment Revenue (RM million) YoY: -1.5% 298.2 FY16 PAC 293.8 14.8 8.9 Revenue Breakdown YoY: +83.7% 48.5 69.5 Construction 3% QoQ: +101.1% Asset 24% 110.8 RM293.8 0.3 234.9 215.4 million 32.4 60.3 6.3 55.1 Property 73% 11.0 12.9 78.1 43.0 42.2 4Q15 3Q16 4Q16 FY15 FY16 Property Asset Construction
Slide 13: Financial Position and Key Ratios
Financial Position and Key Ratios As at As at As at As at (RM billion) 31 Mar’15 31 Mar’15 31 Mar ‘16 31 Mar‘16 (Audited) (Audited) Property, Plant & Equipment 5.7 5.6 Net Assets Per Share (RM) 3.38 3.92 Banking Related Assets 22.1 21.9 Gearing Ratio (times): Inventories 1.8 2.4 Gross 0.81 0.74
Slide 14: 2017 Outlook and Business Priorities
2017 Outlook and Business Priorities Under the support and close monitoring from Government, PROTON aim to complete the Turnaround Plan within next 2 years. Key focus include:- Arrest sales decline through introduction of 3 new models in 2016 – Perdana, Persona and Saga (with additional model
Slide 15: For enquiries, please contact us at
For enquiries, please contact us at:- Investor Relations Level 5, Wisma DRB-HICOM No. 2 Jln Usahawan U1/8 40150 Shah Alam, Selangor Malaysia email : invest@drb-hicom.com tel : 603-2052 8194 / 8942 fax : 603-2052 8228