Wing Tai Holdings Limited · SGX:W05
Wing Tai — FY2014 Earnings Presentation
10 slides from Wing Tai's earnings presentation, Aug 28, 2014
Slide 1: Wing Tai Holdings FY 2014 Results
WING TAI HOLDINGS LIMITED FY 2014 RESULTS 28 August 2014 1 CONTENT 1. Results Overview 2. Operations Review 3. Financial Highlights 4. Questions & Answers 2 1
Slide 2: Results Overview: Key Highlights of FY 2014
Results Overview 3 Key Highlights of FY 2014 Revenue S$803 million Net Profit Attributable to Shareholders S$254 million 4 2
Slide 3: Key Financial Ratios; Revenue & EBIT by Business Segments
Key Financial Ratios FY 2014 FY 2013 Change EPS (cents) 32.4 67.8 (52%) ROE (%) 8.6 18.7 (10.1) NTA per share ($) 3.78 3.62 4% Net gearing ratio 0.16 0.15 0.01 (times) 5 Revenue & EBIT by Business Segments for FY 2014 Revenue EBIT S$ M S$ M Development Properties 545.6 181.1 Investment Properties 35
Slide 4: Revenue & EBIT by Geographical Locations; Asset Allocation
Revenue & EBIT by Geographical Locations for FY 2014 Revenue EBIT S$ M S$ M Singapore 583.3 114.3 Malaysia 172.4 40.8 China 47.7 38.7 Hong Kong - 146.1 7 Asset Allocation by Business Segments & Geographical Locations as at 30 June 2014 By Business By Countries Development Properties 60 % Malaysia 13
Slide 5: Operations Review: Development Properties
Operations Review 9 Development Properties FY 2014 FY 2013 S$ M S$ M Revenue 545.6 1,077.6 EBIT 181.1 410.9 10 5
Slide 6: Residential Properties Sales in FY 2014; Investment Properties
Residential Properties Sales in FY 2014 Units Sold Sales Value S$ M Singapore 306 486 Malaysia 191 80 China 68 52 Total 565 618 11 Investment Properties FY 2014 FY 2013 S$ M S$ M Revenue 35.9 37.5 EBIT (excluding 38.2 37.9 fair value gains) 12 6
Slide 7: Investment Properties Occupancy; Financial Highlights
Investment Properties Occupancy Rate Commercial Properties – Singapore 86% Serviced Residences – Singapore 72% Serviced Residences – Malaysia 79% 13 Financial Highlights 14 7
Slide 8: Summary Financial Highlights; Balance Sheet
Summary Financial Highlights FY 2014 FY 2013 S$ M S$ M Revenue 803.4 1,332.5 Operating profit 197.6 435.4 Share of associate / JV profits 154.8 294.8 Finance costs (39.9) (39.4) Tax & non-controlling interests (58.1) (159.7) Net profit 254.4 531.1 Underlying net profit 130.1 293.7 15 Balance Sheet 3
Slide 9: Net Borrowings; Dividend
Net Borrowings 30 June 14 30 June 13 S$ M S$ M Current 186 88 Non-current 1,116 1,351 Total borrowings 1,302 1,439 Cash & cash equivalents (835) (1,025) Net borrowings 467 414 Net gearing ratio (times) 0.16 0.15 17 Dividend FY 2014 FY 2013 Dividends per share (cents) - Ordinary 3.0 3.0 - Special 3.0
Slide 10: Questions & Answers
Questions & Answers 19 20 10