Media Chinese International Ltd · HKEX:685
Media Chinese International — FY2016/17 Earnings Presentation
35 slides from Media Chinese International's earnings presentation, May 2017
Slide 1: Media Chinese International Limited Annual Results 2016/17
Media Chinese International Limited Annual Results 2016/17 Presentation to Analysts May 2017 Stock Code: (Malaysia) 5090 ; (Hong Kong) 685
Slide 2: Agenda
Agenda (1) Overview (2) Performance Review Market Highlights Financial Performance (unaudited) (3) Strategic Update (4) Outlook 1
Slide 3: (1) Overview
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Slide 4: Geographic Diversity
Geographic Diversity Media Chinese (Dual Primary Listed) Greater China Southeast Asia North America Digital Media MP Daily News (HK) Sin Chew Daily Toronto Ming Pao ● Websites Yazhou Zhoukan China Press Vancouver Ming Pao ● Mobile Applications 10 magazines Guang Ming Daily Toronto
Slide 5: Publishing – Newspapers and Magazines
Publishing – Newspapers and Magazines 4
Slide 6: Digital/New Media – e-Papers, e-Magazines, websites & mobile apps
Digital/New Media – e-Papers, e-Magazines, websites & mobile apps Online Media (Southeast Asia) Online Media (Hong Kong) Mobile Media Online Media (Mainland China) Online Media (Canada) 5 5
Slide 7: (2) Performance Review – Market Highlights
Agenda (2) Performance Review Market Highlights 6
Slide 8: Market Share in Peninsular Malaysia and Hong Kong
Market Share in Peninsular Malaysia and Hong Kong Penisular Malaysia Period from 1 Jan 2016 to 31 Dec 2016 Chinese Newspapers Readership Ranking in Malaysia Sin Chew - Sin Chew Daily 1,123,000 No. 1 - Guang Ming Daily 182,000 No. 3 Nanyang - China Press 812,000 No. 2 - Nanyang Siang Pau 51,000 with
Slide 9: Adex for April 2016 to March 2017 in Malaysia
Adex for April 2016 to March 2017 in Malaysia YTD Adex (Apr’16 to Mar’17) In- store Total Adex (RM) Radio Cinema media Magazines 1.0% 0.5% 0.9% Newspapers : 3,408m 0.5% 15.7% TV (FTA) Magazines : 98m Newspapers 15.9% 18.9% TV (FTV) : 2,870m Pay TV : 11,264m Radio * : 176m 20.6% In-store media : 163m
Slide 10: Total Newspapers Adex in Malaysia
Total Newspapers Adex in Malaysia -19.4% -9.7% -15.7% 1,800 1,500 In RM ‘million 1,200 900 -15.3% 600 300 0 Chinese English Malay Tamil Apr'16-Mar'17 Apr'15 - Mar'16 Chinese English Malay Tamil Total (In RM 'm) (In RM 'm) (In RM 'm) (In RM 'm) (In RM 'm) Apr'16 - Mar'17 1,056.3 1,376.4 956.4 18.8 3,
Slide 11: Share of Chinese Newspapers Advertising Expenditure In Malaysia
Share of Chinese Newspapers Advertising Expenditure In Malaysia For Apr-16 to Mar-17 NEWSPAPERS ADEX Others - West ENG Newspaper Malaysia 40.4% 3.0% MCIL Group 22.4% CHN Newspaper 31.0% Others - East Malaysia BM Newspaper 5.6% 28.1% Tamil Newspaper 0.5% Adex for Total Newspapers : RM3,408 million Ch
Slide 12: Adex for April 2016 to March 2017 in Hong Kong
Adex for April 2016 to March 2017 in Hong Kong YTD Adex (Apr’16 to Mar’17) Total Adex (HKD) Others Newspapers Newspapers : 31,337m 16.2% 15% 31% Magazines : 7,331m Interactive 13% TV : 30,720m Radio : 4,367m Radio 5.5% 4% Magazines Interactive : 13,757m 7% Others : 15,121m TV 30% Newspaper : -11.1%
Slide 13: (2) Performance Review – Financial Performance (unaudited)
Agenda (2) Performance Review Financial Performance (unaudited) 12
Slide 14: Group Results Summary
Group Results Summary Q4 Q4 YTD YTD US$ ’million +/(-) +/(-) FY2016/17 FY2015/16 FY2016/17 FY2015/16 Turnover 62.4 70.9 -12.0% 302.6 349.1 -13.3% Expenses (61.6) (68.7) 10.3% (287.0) (319.1) 10.1% Impairment losses (3.6) (2.0) -84.1% (3.6) (2.0) -84.1% PBT (0.0) 3.3 -101.1% 20.8 37.4 -44.4% PBT befo
Slide 15: Currency Impact
Currency Impact Q4 Q4 FY2016/17 FY2015/16 Exchange Rate Changes: - US$/RM +5.9% +16.0% - US$/C$ -3.5% +10.6% Currency Impact (US$ ’million) - Turnover (1.9) (7.5) - Profit Before Income Tax (0.1) (1.3) 14
Slide 16: Segment Results
Segment Results Turnover (US$’000) FY 2016/17 FY 2015/16 Variance (%) Malaysia & other SEA countries 162,080 186,387 -13.0% Hong Kong, Taiwan, PRC & North America 71,097 80,034 -11.2% Travel and travel related services 69,409 82,705 -16.1% Total Turnover 302,586 349,126 -13.3% PBT (US$’000) FY 2016/
Slide 17: Financial Position
Financial Position As of 31 March (US$ million) 2017 2016 Total assets 308.8 402.9 Net debt - Debt (53.4) (116.1) - Cash and cash equivalents & short-term bank deposits 90.0 141.0 Net Cash 36.7 24.9 Shareholders Funds 193.7 213.0 Net assets per share (US cents) 11.48 12.63 Net gearing ratio (Net deb
Slide 18: Dividends
Dividends FYE 2017 FYE 2016 FYE 2015 First Interim Dividend (US cents) 0.360 0.500 0.430 Second Interim Dividend (US cents) 0.360 0.600 0.500 Total Dividend (US cents) 0.720 1.100 0.930 Dividend Pay-out Ratio (as a % of PATAMI) 80% 70% 50% Share Price as at 31 March RM0.64 RM0.72 RM0.68 Dividend Yie
Slide 19: Share Price & NAV per Share (in RM)
Share Price & NAV per Share (in RM) 1.0 NAV per share Share Price (month-end closing) 0.9 0.8 0.7 0.6 RM 0.5 0.4 0.3 0.2 0.1 0.0 18
Slide 20: (3) Strategic Update
Agenda (3) Strategic Update 19
Slide 21: Strategic Update – Malaysia: Sin Chew E-Paper
Strategic Update – Malaysia Sin Chew E-Paper Organised “Voice Journalist Search (VJ Search)” and “Sin Chew Best Story” contest to inspire the young generation’s imagination and emotions. Added new function to e-paper apps, i.e. “Micro Film Section” for young generation to share their short videos, a
Slide 22: Strategic Update – Malaysia: Pocketimes Online Video Portal
Strategic Update – Malaysia (cont’d) Pocketimes Online Video Portal Upgraded version of “Pocketimes Plus” was launched with more lifestyle content. Presented more new programs such as a 23-episodes health related program, food and Detective Le lifestyle program with Sin Chew e-paper in November 2016
Slide 23: Strategic Update – Malaysia: Logon e-Marketplace
Strategic Update – Malaysia (cont’d) Logon e-Marketplace Expanding e-commerce business by focusing on ‘business to consumer (B2C)’ model. Introducing ‘call-to-buy’ and ‘cash-on- delivery’ features to enable a friendlier buying experience for home-shoppers which helped boost sales. WARRANTY Organisin
Slide 24: Strategic Update – Malaysia: Health and Wellness
Strategic Update – Malaysia (cont’d) Health and Wellness Introduced specific topic features, e.g. health and wellness, education, personal wealth management and etc., in both print and digital platforms, with an aim to broaden http://easily.sinchew.com.my advertising revenue streams with targeted au
Slide 25: Strategic Update – Malaysia (cont'd)
Strategic Update – Malaysia (cont’d) MCIL Malaysian Operations, total ..... 14.0m Unique Visitors per month 120.6m Pageviews per month ************** WEBSITES ************** 5.7m Facebook Followers 3.02m Video Views per month 24 Sources: Google Analytics as at April 2017
Slide 26: Strategic Update – Hong Kong: Ming Pao Education Publications
Strategic Update – Hong Kong 1) Ming Pao Education Publications OpenSchool website and STEM (Science, Technology, Engineering and Mathematics) supplement --- launched in April 2017 25
Slide 27: Strategic Update – Hong Kong: Technology update
Strategic Update – Hong Kong (cont’d) 2) Technology update • Totally Revamped in Oct 2016 • Functions and Features • Website for employers and jobseekers • Jobs – simple and advanced search engine, online application, premium employers • Apps (Android & iOS) for mobile jobseekers • Courses – latest
Slide 28: Strategic Update – Hong Kong: Technology update
Strategic Update – Hong Kong (cont’d) 2) Technology update • Mingpao.com Homepage Redesigned • Branding + content • Entry point to all Ming Pao digital content including News, Finance, Entertainment, Education, Magazines and others • Clean user interface (UI) and design concept, balanced between tex
Slide 29: Strategic Update – Hong Kong: Technology update (Push Notification)
Strategic Update – Hong Kong (cont’d) 2) Technology update (Push Notification) • Push as a Service • All-in-one push solution • Cover most popular platforms • App Push • Browser Push (App Push +Browser Push + Facebook Push + WeChat Push • Text messages • Supports Chrome & Firefox + SMS) (>70%) • Use
Slide 30: Strategic Update – Hong Kong: Digital Performance (Ming Pao Daily News)
Strategic Update – Hong Kong (cont’d) 3) Digital Performance (Ming Pao Daily News) Facebook page for mingpao.com instant news (May 2017) reached 320,000 fans for mingpao.com instant news and all together 15 facebook pages under mingpao now have 580,000 fans and ranked as 2nd most liked facebook page
Slide 31: Strategic Update – Hong Kong: Digital Performance (Ming Pao Daily News)
Strategic Update – Hong Kong (cont’d) 3) Digital Performance (Ming Pao Daily News) Pageview (Apr 2016 – Mar 2017 vs Apr 2015 - Mar 2016) +15% for mingpao.com as a whole including news, lifestyle and finance & self enhancement channels, amongst them followings are key engines for growth +28% for Ne
Slide 32: (4) Outlook
is Agenda (4) Outlook fTatialalal ai 4 31
Slide 33: Outlook Statement FY 2018
Outlook Statement FY 2018 The Group remains cautious about the business conditions for the year ahead. China is tightening its capital outflows policies which may have adverse influence on the advertising and promotion budgets from advertisers especially for the property and luxury industries in the
Slide 34: THANK YOU
is Agenda THANK YOU 33
Slide 35: Forward Looking Statements
Forward Looking Statements This presentation includes certain forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that Media Chinese International Ltd expects or anticipates will or may occur in the future are forward
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