Xmh Holdings Ltd. · SGX:BQF
Xmh — Q3 2013 Earnings Presentation
17 slides from Xmh's earnings presentation, Mar 12, 2013
Slide 1: 3Q2013 Results Presentation
12/3/2013 3Q2013 Results Presentation Disclaimer The information contained in this presentation (the "Information") is provided by XMH Holdings Ltd. (the "Company") to you solely for your reference and may not be retransmitted or distributed to any other person. The Information has not been independ
Slide 2: Presentation Outline
12/3/2013 Presentation Outline Corporate Profile Business Overview Financial Highlights Outlook & Strategies Corporate CorporateProfile Profile 2
Slide 3: Corporate Profile
12/3/2013 Corporate Profile •A diesel engine, propulsion and power generating solutions provider in the marine and industrial sectors • Over 50 years of operating track record mainly in Asia • Listed on the Main Board of the SGX-ST on 26 January 2011 5 Corporate Milestones 1955 1960 - 70s 1980s 1990
Slide 4: Key Executive Management
12/3/2013 Key Executive Management Key Executive Management Chia Chung Mun, Tan Seng Hee Chua Tiong Wei Tan Guat Lian Tan Tin Yeow Yap Lee Ann Alphonsus Deputy CEO & Executive Director Executive Director Chairman & CEO Executive Director (Sales & Business Financial Controller Deputy CEO (HR & Admin)
Slide 5: Share Statistics
12/3/2013 Share Statistics Bloomberg code XMH SP EQUITY Reuters code XMHL.SI Share Price S$0.265 Market Capitalization (386.2M S$102.3 million shares) P/E 11.04 NAV per share S$0.11 Free Float 18.7% Substantial Shareholders Directors 77.5% Source: Bloomberg as at 12 Mar 2013 9 Business Business Over
Slide 6: Business Segments and Product Range & Applications
12/3/2013 Business Segments XMH Holdings Distribution and Provision After-Sales Services, of Value-added Trading and Others Products and Services Sourcing & Supply of Trading of Agency In-House Brand/ Repair & Spare Parts & Machinery & Products Customised Solution Maintenance Accessories Components
Slide 7: Geographical Coverage and Reputable Distribution Brands
12/3/2013 Geographical Coverage China Middle East India Myammar Thailand Vietnam Philippines Cambodia Malaysia Sri Lanka Singapore Maldives Indonesia 13 Reputable Distribution Brands BRAND PRODUCT TYPE TERRITORIES 1) Limited range of high-speed and 1) China, India, Indonesia, medium-speed marine die
Slide 8: Reputable Distribution Brands and In-house Brands/Solutions
12/3/2013 Reputable Distribution Brands BRAND PRODUCT TYPE TERRITORIES Reintjes Gearboxes and related spare parts Indonesia Gearbox Singapore and Indonesia D-I Steering Systems and PTO Singapore and Indonesia China, India, Indonesia, Malaysia, Middle East, Korsør Controllable pitch propellers Singap
Slide 9: After-Sales Services & Trading Activities and Key Competitive Strengths
12/3/2013 After-Sales Services & Trading Activities • Provision of after-sales services such as repair and maintenance – Supported by a team of skilled and experienced engineers and technicians • Sourcing and supply of spare parts and accessories – Achieve time-savings for customers by maintaining a
Slide 10: Key Competitive Strengths
12/3/2013 Key Competitive Strengths • Developed strong customer and supplier relationships over the years – Strong customer loyalty with high repeat sales averaging over 70% in the last three financial years – Key distributor of Mitsubishi for 17 years and running • Experienced and committed managem
Slide 11: Financial Summary – 3Q2013
12/3/2013 Financial Summary – 3Q2013 Revenue 35.0% S$19.3 million Gross profit 21.9% S$4.7 million Operating profit -37.9% S$2.7 million Net profit* -40.3% S$2.2 million *Net profit was lower due to absence of one-time gain. There was a S$1.8 million deposit forfeited from customer due to order canc
Slide 12: Revenue Trend and Profitability Trend
12/3/2013 Revenue Trend All amounts stated are in S$’ million unless otherwise stated Revenue achieved in 9M2013 exceeds that of FY2012! 74.5 68.0 70.2 65.5 62.2 23 Profitability Trend S$’ million 9M Analysis Quarter Analysis 24 12
Slide 13: Profitability Trend and Balance Sheet
12/3/2013 Profitability Trend S$’ million 9M Analysis Quarter Analysis 25 Balance Sheet Balance Sheet 31 January 2013 30 April 2012 S$’000 S$’000 2,145 1,975 Property, plant and equipment Inventories 24,284 26,118 Trade and other receivables 3,346 14,967 Cash and cash equivalents 51,245 39,233 Total
Slide 14: Financial Position and CAGR Growth
12/3/2013 Financial Position Cash and Cash Equivalents (S$’ million) 27 CAGR Growth Revenue Gross Profit CAGR CAGR growth growth (2008-2012) (2008-2012) + 3.9% + 12.0% Operating Profit Net Profit CAGR growth CAGR (2008-2012) growth (2008-2012) + 18.6% + 16.9% 28 14
Slide 15: Outlook
12/3/2013 Outlook Outlook&& Strategies Strategies Outlook • Short-term volatility in coal demand in Indonesia; Healthy prospects in longer term – Short-term: Coal price sliding may result in reduction in production – slowing down demand for relevant marine transportation – Long-term: General demand
Slide 16: Outlook and Growth Strategies
12/3/2013 Outlook • Potentially benefit from continual growth in oil & gas sector – Increased offshore oil & gas exploration activities to alleviate current oversupply situation in offshore support vessels (OSVs) – Potential replacement of a number of OSVs which are near their scrap age • Expected i
Slide 17: Growth Strategies / Thank You
12/3/2013 Growth Strategies • Exploration of new revenue streams – Focus on expansion of supplier base and secure new distributorships from other manufacturers – Received orders for new products XMH currently represents – Increase market share in relevant markets by forming strategic partnerships of