International Housewares Retail Co. Ltd. · HKEX:1373
International Housewares Retail — H1 FY2018 Earnings Presentation
20 slides from International Housewares Retail's earnings presentation, Dec 19, 2017
Slide 1: 2017/18 Interim Results Corporate Presentation
2017/18 Interim Results Corporate Presentation 19 December 2017
Slide 2: Disclaimer
Disclaimer Stock code: 1373 This presentation and/or these materials have been delivered to you on the basis of your representation that you are a person into whose possession this presentation and these materials may be lawfully delivered in accordance with all applicable laws of the jurisdiction i
Slide 3: Agenda
Agenda Stock code: 1373 Business Highlights Financial Performance Business Review by Market Outlook and Strategies International Housewares Retail Company Limited 3 2017/18 Interim Results
Slide 4: Business Highlights
Business Highlights International Housewares Retail Company Limited 2017/18 Interim Results 4
Slide 5: Results Highlights
Results Highlights Stock code: 1373 Profit attributable Property assets & to equity holders prepayment for Revenue grew 5.7% increased 15.2% to property assets to HK$1.06B HK$39.4M totaling over HK$125M Strong financial Proposed interim position with divided 5.2 HK cents HK$348M cash in per share Ba
Slide 6: Retail Network
Retail Network Stock code: 1373 12 Licence Stores 351 Direct-owned Stores East Malaysia: 1 store Hong Kong: 291 stores Saudi Arabia: 5 stores Australia: 2 stores Singapore: 51 stores Cambodia: 3 stores Vietnam: 1 store Macau: 9 stores Number of directly-owned stores FY2015 FY2016 FY2017 1H FY2018 Ne
Slide 7: Financial Performance
Financial Performance International Housewares Retail Company Limited 2017/18 Interim Results 7
Slide 8: Financial Performance – 1H FY2018
Financial Performance – 1H FY2018 Stock code: 1373 For the six months to Oct 2017 Oct 2016 Turnover (HK$’000) 1,060,007 1,002,534 Gross Profit (HK$’000) 490,306 470,995 Net profit from Hong Kong Business (HK$’000) 44,089 39,243 Profit attributable to equity holders (HK$’000) 39,378 34,236 Key ratios
Slide 9: Financial Performance – 1H FY2018
Financial Performance – 1H FY2018 Stock code: 1373 Oct 2017 Oct 2016 (HK$’000) Capex in the 6 months to Oct 14,110 22,282 Property acquired (capex) in the 6 months to Oct 36,889 -- Prepayment for purchase of a property as of Oct 35,035 -- Cash & cash equivalents as of Oct 347,806 408,864 Inventory T
Slide 10: Business Review by Market
Business Review by Market International Housewares Retail Company Limited 2017/18 Interim Results 10
Slide 11: Revenue Breakdown
Revenue Breakdown Stock code: 1373 Revenue breakdown % to Group’s Revenue HK$’000 2,111,001 2,039,575 Hong Kong 87% 228,073 231,115 1,060,007 1,002,534 Singapore 11% 108,677 119,470 1,755,007 1,844,576 875,406 923,151 Macau 2% FY2016 FY2017 IH FY17 IH FY18 Hong Kong Singapore West Malaysia PRC Macau
Slide 12: Hong Kong – Strategic Focus with Solid Growth
Hong Kong – Strategic Focus with Solid Growth Stock code: 1373 Six months to Oct 2017 Oct 2016 Number of stores at 31-Oct 291 284 Total revenue growth 5.5% 7.4% Comparable store sales growth (CSSG)* 4.6% 5.0% Tying togather JHCeshop, physical stores, Easy Buy (in-store ipanel) and J Fun (loyalty p
Slide 13: Singapore – Steadfast development mid-to-long term
Singapore – Steadfast development mid-to-long term Stock code: 1373 Six months to Oct 2017 Oct 2016 Number of stores 51 61 Sales growth 9.9% -8.9% % of sales to group’s revenue 11.3% 10.8% Optimize product-mix , increase SKUs, prevent out-of-stock and fortify supply chain Remain focused on opera
Slide 14: Outlook and Strategies
Outlook and Strategies International Housewares Retail Company Limited 2017/18 Interim Results 14
Slide 15: Focusing in Hong Kong & Singapore
1 Focusing in Hong Kong & Singapore Stock code: 1373 Solidify leading position in Hong Kong market by setting up JHC omni-channel retailing , improving supply chain efficiency and offering products and services to cater for customers’ demand in the fast changing market JHC omni-channel retailing
Slide 16: Simple Fast Retailing: 123 by Ella
2 Simple ◆ Fast Retailing : 123 by Ella Stock code: 1373 Successfully established the brand “123 by Ella” in Hong Kong market – young, simple and fast. Currently over 30 stores in operation, steadfast expansion subject to regular review Reinforcing supply chain efficiency, product-mix optimiza
Slide 17: Reinforce the leading position and sustainable growth
3 Reinforce the leading position and sustainable Stock code: 1373 growth Product Retail Channel Talents System & Supply Chain Offer more Train, promote and customized private retain those capable label products to internally so as to meet customers build talent pipelines; trends and market chang
Slide 18: Network Expansion Plan and CAPEX
Network Expansion Plan and CAPEX Stock code: 1373 Planned store expansion & estimated capital expenditures Store expansion Actual at Net increase Net increase (Net increase of number of stores) 31 Oct 17 2HFY2018 FY2019 Hong Kong (incl. Ella) 291 6 15 Macau 9 0 1 Singapore 51 0 3 Total: 351 6 19 Est
Slide 19: Q&A
Q&A International Housewares Retail Company Limited 2017/18 Interim Results 19
Slide 20: Thank You!
Thank You! International Housewares Retail Company Limited 2017/18 Interim Results 20
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