Imax China Holding Inc · HKEX:1970
Imax China — Investor Presentation (December 2016)
21 slides from Imax China's investor presentation, Dec 31, 2016
Slide 1: Investor Presentation
Investor Presentation DECEMBER 31, 2016
Slide 2: Disclaimer
Disclaimer This document is not for public dissemination and is for the exclusive use of the persons to whom it is addressed and their advisers in connection with IMAX China Holding, Inc. (the "Company", together with its subsidiaries, hereinafter referred to as the "Group"). It is being made availa
Slide 3: Section 1: Who We Are
® Section 1 Who We Are
Slide 4: Table of Contents
Table of Contents 1 WHO WE ARE 2 Key Highlights 4
Slide 5: Leading Cinematic Technology Provider in Greater China
Leading Cinematic Technology Provider in Greater China Exclusive licensee of the IMAX brand in the theatre and films business in Greater China with access to global partnerships Sole commercial platform for the release of IMAX format films in Greater China, which is the second largest and fastest gr
Slide 6: 17-year Presence in Greater China
Integral Part of the Greater China Film Industry History 17-year Presence in Greater China (1) 2001-03 2007-09 2010-11 2012-14 2015-16 2016-17 Opened first Signed first agreement Establishment of IMAX Signed additional 120 Furious 7, Second and third ever full IMAX theatre with Wanda Cinema in China
Slide 7: Complete End-to-end Cinematic Solution
Complete End-to-end Cinematic Solution Film Sourcing Enhancement Presentation Studio Capture with Proprietary Hardware & Geometry Relationships IMAX Cameras Filmmaker DMR & Real-time Relationships Post-production Marketing Quality Assurance 7
Slide 8: Established and Trusted Ecosystem with Strong and Successful Long-term Partnerships
Established and Trusted Ecosystem with Strong and Successful Long-term Partnerships 50+ Exhibitors Majority with 10+ Year Relationships Leading Producers, Directors and Studios in Greater China Large Commercial Real Estate Developers 8
Slide 9: IMAX China's Management
IMAX China’s Management Board of Directors Richard Greg Foster RuiGang Li Yue-Sai Kan John Davison Dawn Taubin Gelfond Non-executive Non-executive Independent Non- Independent Non- Independent Non- Non-executive Director Director executive executive executive Director and Director Director Director
Slide 10: Table of Contents: Key Highlights
Table of Contents 1 Who We Are 2 KEY HIGHLIGHTS 10
Slide 11: Top Performing Films in PRC in 2016 by Gross Box Office
Top Performing Films in PRC in 2016 by Gross Box Office 1. Mermaid 2. Zootopia 3. Warcraft ¥3,392m ¥1,530m ¥1,472m 4. Captain 5. The Monkey 6. Operation America: Civil War King 2 Mekong ¥1,246m ¥1,201m ¥1,184m 7.The Man From 9. Kung Fu Panda 8. Time Raider Macau 3 3 ¥1,004m ¥1,118m ¥1,002m 10. The G
Slide 12: 2017 Potential IMAX China Films
2017 POTENTIAL IMAX CHINA FILMS Announced 2017 Potential IMAX China Film Slate Rogue One: A Star Wars Story: January Journey to the West: The Demons Strike Back: January xXx: Return to Xander Cage: February La La Land: February Sing: February The Lego Batman Movie: February Logan: Marc
Slide 13: IMAX China Network Expansion Update
IMAX China Network Expansion Update Theatre Network Installations 424 119 66 2 20 307 46 77 234 195 62 2 173 25 21 64 131 45 15 10 102 7 29 75 27 163 24 107 130 33 88 20 25 14 2013 2014 2015 2016 2013 2014 2015 2016 Sales Type Full JV Hybrid JV Sales Type Full JV Hybrid JV Upgrade 13
Slide 14: IMAX China Network Expansion Update
IMAX China Network Expansion Update Footprint Signings 758 238 1 522 334 473 390 215 200 239 74 217 424 40 307 45 234 6 173 34 29 37 2013 2014 2015 2016 2014 2015 2016 Theaters Backlog Sales Type Full JV Hybrid JV 14
Slide 15: IMAX China Network Expansion Update
IMAX China Network Expansion Update Backlog Network Distribution • Network now spans 149 cities in Mainland China 334 • Of 424 theatres just 67 are in Tier 1 cities 76 119 Tier 1 Tier 4+ 16% 22% 199 215 Tier 3 17% Tier 2 45% 59 By Type of Arrangements By Period of Installation Sales Type Full JV Hyb
Slide 16: IMAX Box Office and Per Screen Average in Greater China
IMAX Box Office and Per Screen Average in Greater China $1,345K $932K $1,220K $1,230K $312 M $296 M $203 M $147 M 2013 2014 2015 2016 Box Office Per Screen Average 16
Slide 17: Total Revenue and Gross Margin
Total Revenue and Gross Margin IMAX China Revenue (US$MM) Gross Margin Breakdown Gross Margin % 2013 2014 2015 2016 Theater Business 57% 58% 62% 56% $118.5 Film Business 61% 64% 76% 66% $110.6 Overall 58% 59% 65% 58% $26.8 $28.5 $78.2 $56.9 $18.6 $13.5 $91.7 $82.1 $59.6 $42.5 2013 2014 2015 2016 The
Slide 18: Revenue By Segment: Theatre Business
Revenue By Segment: Theatre Business Theatre Business Revenue (US$MM) Gross Margin Breakdown Gross Margin % 2013 2014 2015 2016 Sales Type 66% 68% 69% 63% $91.7 Revenue Sharing 42% 47% 56% 47% $82.1 System Maintenance 58% 55% 57% 56% $11.7 Overall Theater Business 57% 58% 62% 58% $9.3 $59.6 $30.9 $4
Slide 19: Revenue By Segment: Film Business
Revenue By Segment: Film Business Film Business Revenue (US$MM) Gross Margin Breakdown Gross Margin 2013 61% 2014 64% 2015 76% 2016 66% $28.5 $26.8 $18.6 $13.5 2013 2014 2015 2016 19
Slide 20: Adjusted Profit & Adjusted Profit Margin
Adjusted Profit & Adjusted Profit Margin Adjusted Profit (US$MM) Adjusted Profit Margin Margin 2013 33% 2014 33% 2015 39% 2016 32% $43.4 $37.6 $26.0 $18.2 2013 2014 2015 2016 20
Slide 21: ®
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IMAX China Holding — Investor Presentation (December 2016) on 6ix