Viva Goods Company Limited · HKEX:933
Viva Goods — H1 2024 Earnings Presentation
18 slides from Viva Goods's earnings presentation, Aug 22, 2024
Slide 1: Viva Goods Company Limited 2024 Interim Results Presentation
Viva Goods Company Limited (0933.HK) 2024 Interim Results Presentation August 2024 STRICTLY PRIVATE AND CONFIDENTIAL
Slide 2: 1H2024 Results Highlights
1H2024 Results Highlights Financial Highlights 1. Due to the sustained global economic weakness and weak consumer sentiment, the Group recorded a decrease in revenue and gross profit in the first half of 2024. 2. During the Period, the Group streamlined its operational structure and enhanced operati
Slide 3: Financial Review
Financial Review
Slide 4: Revenue Analysis
Revenue Analysis Revenue by Segment Overall revenue of HK$5.1 billion YoY decrease 6.3% Multi-brand apparel and footwear HK$4,842.3 million ︳94.9% Group's half year revenue in the last five years HK$5.4 billion HK$5.1 billion Sports Experience HK$257.6 million ︳5.1% HK$0.16 billion HK$0.7 billion HK
Slide 5: Revenue of major brands – By Sales Channel
Revenue of major brands – By Sales Channel 2024 Interim 2023 Interim Revenue Revenue Revenue Revenue By sales channels (HK$ Million) contribution (%) (HK$ Million) contribution (%) Clarks Direct-operated stores 1,662.7 38.0% 1,835.5 39.3% Wholesale and others 2,142.2 48.9% 2,145.1 45.9% Online chann
Slide 6: Gross Profit Margin Analysis
Gross Profit Margin Analysis Group’s gross profit margin in the last five years Overall gross profit margin at 46.5%, increasing by 0.7 p.p. year-on-year • Clarks' gross profit margin increased by 1.0 p.p. year-on-year was mainly 46.5% 45.8% attributable to effective control on product costs and log
Slide 7: Profit and Loss Analysis
Profit and Loss Analysis During the period, the Group reported a net profit attributable to equity holders amounted to HK$113 million, representing a year-on-year decrease of 14.5%. The decrease was mainly attributed to i) decrease in gross profit by approximately HK$120 million due to revenue reduc
Slide 8: Operating Expenses Analysis
Operating Expenses Analysis Operating Expenses Ratios 100 92.2% Selling and distribution expenses %* 90 Decreased by 1.6 p.p. to 35.2% 80 • Better cost management and closure of inefficient retail stores, resulting in significant decrease in staff cost and 70 depreciation charges. 60 • Excluding the
Slide 9: Liquidity and Financial Resources Analysis
Liquidity and Financial Resources Analysis The Group maintained a steady and effective liquidity position, with the current ratio maintained at above 1 and the gearing ratio maintained in a range from 0 to 1. HK$’000 As at 30 June 2024 As at 31 Dec 2023 Total Assets 14,751,634 14,717,657 Cash and ca
Slide 10: Business Review
Business Review
Slide 11: Business Updates – Clarks
Business Updates – Clarks In order to cope with the uncertainty of the market 1 environment and to improve operational efficiency, the brand continued with its restructuring programme Premium to high-end footwear brand 2 The Group re-examined and optimised its existing direct sales channels, focusin
Slide 12: Business Updates – bossini.X
Business Updates – bossini.X Casual Lifestyle brand that Signed a three-year sponsorship agreement with the 1 incorporates cycling sport elements Hong Kong Cycling Team as its sole apparel sponsor During the current period, bossini.X launched products 2 and stores integrating cycling culture, and be
Slide 13: Business Updates - Haglöfs
Business Updates - Haglöfs Nordic outdoor equipment and apparel brand Established a joint venture with Lionrock Capital Aspire 1 (HK) Limited to operate Haglöfs, the Nordic outdoor equipment and apparel brand in the Greater China region Leverage the M&A to expand the consumer brands 2 portfolio and
Slide 14: Business Updates – Sports Experience
Business Updates – Sports Experience ◼ 1 new ice-skating rink opened ◼ LNG Esports team continues to strive for outstanding performance in the summer season, securing a spot in the playoffs ahead of time. All star skating club had the grand opening for a new branch in Beijing in mid July 2024 13
Slide 15: Prospects
Prospects
Slide 16: Mission, Vision and Values
Mission, Vision and Values Vision To become a Leading International brand Operator Mission To serve the public and guide the pursuit of elegant, enjoyable, healthy, and leisurely lifestyles. Values • Uncover brand value. • Pursue product quality. • Individuals and teams collaborate to create value.
Slide 17: Group Development Strategies
Group Development Strategies 1 Rebranding brands with legacy or growth potential to improve operational efficiency and increase brand premiums 2 Implementing brand strategies tailored to the local preferences and characteristics of each market 3 Strategically expanding overseas markets, including op
Slide 18: Investor Relations
Investor Relations Email: vivagoods@dlkadvisory.com Tel: (852) 3796 1111