Pax Global Technology Limited · HKEX:327

Pax Global Technology — H1 2022 Earnings Presentation

15 slides from Pax Global Technology's earnings presentation, 2022

  1. Slide 1: PAX Global Technology Limited 2022 interim results

    PAX Global Technology Limited (327.HK) 2022 interim results

  2. Slide 2: Disclaimer

    Disclaimer The information contained in these presentation materials has been prepared by PAX Global Technology Limited ( “Company” or “PAX”) (incorporated in Bermuda with limited liability) solely for use at the presentation to prospective investors for introduction of the Company. By accepting thi

  3. Slide 3: Agenda

    Agenda 01 Results snapshot 02 Android smart terminals & MAXSTORE platform PAX Global 2022 interim results 3

  4. Slide 4: Interim net profit increased significantly by 36%

    Results snapshot Interim net profit increased significantly by 36% +26% Revenue HK$ 4,182 M +36% Gross profit Gross profit margin +26% HK$ 1,671 M 40.0％ Net profit HK$ 704 M Operating profit Operating profit margin +32% HK$ 781 M 18.7％ PAX Global 2022 interim results 4

  5. Slide 5: PAX continues the emphasis on shareholder value

    Results snapshot PAX continues the emphasis on shareholder value - interim dividend up 42% - (HK cents) (Payout ratio) 18 26.3% 30% 16 25.5% 25% 14 19.8% 12 20% Share buybacks Interim dividend 10 (2022 H1) +42% 15% 9 times 8 6 10% ▪ Repurchased 17 HK cents 4 5% 11 M shares per share 2 ▪ Total value

  6. Slide 6: PAX strategically manages the working capital

    Results snapshot PAX strategically manages the working capital At 30 Jun 2022 At 31 Dec 2021 At 30 Jun 2021 HK$ ‘000 HK$ ‘000 HK$ ‘000 Inventories 2,323,030 2,071,285 1,683,634 Trade and bills receivables 2,683,564 2,081,977 1,849,588 Trade payables 1,926,473 1,668,823 1,154,258 Cash and cash equiva

  7. Slide 7: PAX invests in enhancing the supply chain competitiveness

    Results snapshot PAX invests in enhancing the supply chain competitiveness CAPEX incurred Contracted Expected but not recognised completion as at 30 Jun 2022 (the earliest) Projects under construction before 2022 during H1 2022 HK$ ‘000 HK$ ‘000 HK$ ‘000 PAX Smart Terminals Industrial Park (Huizhou)

  8. Slide 8: PAX achieved remarkable growth across the globe - EMEA & USCA

    Results snapshot PAX achieved remarkable growth across the globe - Impressive performance in EMEA & USCA - EMEA Europe • Achieved strong growth momentum in Italy, the United Kingdom, USCA HK$ EMEA HK$ • Germany, and Poland Made breakthroughs in niche sectors such as unattended self- +27% 492 M +62%

  9. Slide 9: PAX achieved remarkable growth across the globe - LACIS & APAC

    Results snapshot PAX achieved remarkable growth across the globe - Making good strides in LACIS & APAC- LACIS Brazil • Maintained our strong market-leading position • Achieved growing sales of Android smart series USCA HK$ EMEA HK$ +27% 492 M +62% 1,429 M Mexico, Chile • Seized more opportunities fo

  10. Slide 10: Android POS is the major driving force for PAX

    Android smart terminals & MAXSTORE platform Android POS is the major driving force for PAX +78% Sales proportion by regions USCA Android POS sales 17% LACIS 23% HK$ 2,277 M APAC >50% 32% 18% Revenue contribution Sales CAGR EMEA (Group) (2019 H1 to 2022 H1*) 42% * six periods over three years PAX Glo

  11. Slide 11: PAX SaaS ecosystem is expanding

    Android smart terminals & MAXSTORE platform PAX SaaS ecosystem is expanding Terminals connected to MAXSTORE* platform (unit) +120% 6,605,000 4,359,000 3,004,000 1,975,000 SaaS solutions revenue 1,079,000 +23% HK$ 25 M 2020 Q2 2020 Q4 2021 Q2 2021 Q4 2022 Q2 *Previously named as PAXSTORE PAX Global 2

  12. Slide 12: Investor relations contacts

    Investor relations contacts Calvin Pei - Vice President Corporate Finance & Strategy Mina Pang – Senior Investor Relations Manager Email: ir@pax.com.hk Tel: +852 2500 8510 PAX Global 2022 interim results 12

  13. Slide 13: PAX - Empowering Digital Payments

    PAX Empowering Digital Payments

  14. Slide 14: Interim condensed consolidated income statement

    Appendix – financial summary Six months ended 30 June Interim condensed consolidated income statement 2022 2021 HK$’ 000 HK$’ 000 Revenue 4,182,493 3,318,671 Cost of sales (2,511,207) (1,991,506) Gross profit 1,671,286 1,327,165 Other income 31,357 60,218 Other (losses)/ gains, net (1,252) 18,656 Se

  15. Slide 15: Interim condensed consolidated balance sheet

    Appendix – financial summary Interim condensed consolidated balance sheet At 30 Jun At 31 Dec 2022 2021 HK$’ 000 HK$’ 000 Total non-current assets 1,154,594 1,031,172 Property, plant and equipment 650,371 485,527 Right-of-use assets 253,567 282,477 Others 250,656 263,168 Total current assets 8,125,3

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