Xmh Holdings Ltd. · SGX:BQF
Xmh — Q1 FY2018 Earnings Presentation
18 slides from Xmh's earnings presentation, Dec 19, 2017
Slide 1: 1QFY2018 Results Presentation
1QFY2018 Results Presentation PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD
Slide 2: Disclaimer
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 independently verified and may not contain all
Slide 3: Presentation Outline
Presentation Outline Financial Highlights Outlook, Strategies and Recent Developments PRIVATE & CONFIDENTIAL © 2014 XMH HOLDINGS LTD 3
Slide 4: Financial Highlights
Financial Financial Highlights Highlights
Slide 5: Financial Summary
Financial Summary Group was profitable for the quarter and gross margins improved but weak market sentiments and strong competition continued to weigh down performance 1QFY2018 1QFY2017 Change Financial Highlights S$’000 S$’000 % Revenue 18,888 19.426 (2.8) Gross Profit 5,006 3,865 29.5 Gross Profit
Slide 6: Revenue
Revenue Revenue Quarterly Analysis S$’ million 120.0 1QFY2017 1QFY2018 S$19.4m S$18.9m 90.0 26.1 4Q Decrease in Revenue 60.0 After‐sales and 105.2 108.4 19.5 3Q 97.6 91.5 distribution business segments were 30.0 25.1 2Q affected by weak 19.4 18.9 market sentiments 1Q ‐ PRIVATE & CONFIDENTIAL © 201
Slide 7: Profitability Trend (Gross Profit / Gross Profit Margin)
Profitability Trend (Gross Profit / Gross Profit Margin) Gross Profit Gross Profit Margin S$’ million Quarterly Analysis 40.0 40.0% 1QFY2017 1QFY2018 S$3.9m S$5.0m Increase in Gross Profit 30.1% 30.0 26.0% 30.0% and GPM 24.8% 26.5% 23.5% Despite revenue 19.9% decrease, GP and GPM 20.0 4Q 20.0% 7.9 i
Slide 8: Profitability Trend (Net Profit / Net Profit Margin)
Profitability Trend (Net Profit / Net Profit Margin) Net Profit S$’ million Net Profit Margin 20.0 25.0% 18.0 Quarterly Analysis 16.0 1QFY2017 1QFY2018 11.7% 15.0% 14.0 S$0.2m S$0.1m 7.3% 12.0 5.7% 5.8% 10.0 5.0% Lower Net Profit and NPM 1.0% 0.6% 8.0 Tough conditions, lower 6.0 11.4 4Q sales resu
Slide 9: Profitability Trend (EBITDA / EBITDA Margin)
Profitability Trend (EBITDA / EBITDA Margin) EBITDA S$’ million EBITDA Margin 20.0 25.0% Quarterly Analysis 18.0 1QFY2017 1QFY2018 16.0 14.2% S$2.1m S$1.9m 12.4% 15.0% 14.0 10.1% 10.7% 10.2% 8.5% 12.0 Lower EBITDA and 10.0 5.0% EBITDA Margin 8.0 4Q 2.0 Lower EBITDA due to 13.9 13.4 6.0 3Q sales ge
Slide 10: Dividend Trend (Dividends / Dividend Yield)
Dividend Trend (Dividends / Dividend Yield) Dividend Singapore Cents Dividend Yield 3.0 4‐to‐1 share consolidation on 10.0% Feb 22, 2016 2.5 5.0% 2.0 3.6% 3.1% 3.6% 5.0% 1.5 1.6% 1.0 0.2 0.2 2.0 0.0% 0.5 1.0 1.0 0.8 0.5 ‐ ‐5.0% Dividend Special Dividends Dividend Yield PRIVATE & CONFIDENTIAL © 2014
Slide 11: Balance Sheet
Balance Sheet 31 July 2017 30 April 2017 Balance Sheet S$’000 S$’000 Property, plant and equipment 67,538 68,707 Intangible assets 11,624 11,833 Inventories 25,309 30,550 Trade and other receivables 15,128 23,068 Contract work‐in‐progress 13,868 10,980 Cash and short‐term fixed deposits 26,652 25,61
Slide 12: Outlook, Strategies & Developments
Outlook &Strategies Outlook, Strategies & Developments
Slide 13: Outlook
Outlook Underlying factors such as weak oil prices and lacklustre vessel charter rates have yet to improve • Softer demand for marine related products and lower activity in the offshore marine industry • Intense competition across all segments pressuring profit margins Actively pursuing viable oppor
Slide 14: Growth Strategies
Growth Strategies Exploration of New Prudence, Productivity Revenue Streams and Economisation Securing new Capitalize on customers in foundation for emerging markets growth Concerted efforts Focus on efficient when pitching for practices projects • Actively exploring potential new • Build on establi
Slide 15: Recent Developments
Recent Developments • Aug 2017 – Entered into joint venture through XMH Engineering Pte. Ltd. with Myanmar Marcopolo Co., Ltd and Bulox Power Pte. Ltd. − The Joint Venture Entity has an authorised capital of US$50 million and an issued and paid‐up share capital of not less than US$1 million (XMH sta
Slide 16: Recent Developments
Recent Developments • Jun 2015 – ZPA awarded with prestigious ABB Value Provider Certification − Certification recognises ZPA’s technical capabilities and management’s commitment to support ABB worldwide outside of Finland − Certification authorizes ZPA to market ABB products, build and assemble ABB
Slide 17: Share Statistics
Share Statistics Bloomberg code XMH SP EQUITY Reuters code XMHL.SI Share Price S$0.300 Market Capitalization S$33.4 million (111.3M shares) Trailing P/E 22.6x+ NAV per share S$0.592 Free Float 26.3% Substantial Shareholders Insiders 46.2% Credence Capital 18.8% Source: Company Statements, Bloomberg
Slide 18: Thank You
THANK YOU Investor Relations | Financial PR Pte Ltd | Romil SINGH | Jonathan YEOH T: +65 6438 2990 F: +65 6438 0064 | staff@financialpr.com.sg