Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — Q3 2015 Earnings Presentation
22 slides from Paramount Corp. Bhd's earnings presentation, Nov 19, 2015
Slide 1: Unaudited 3Q2015 Results
Unaudited 3Q2015 Results 19 November 2015
Slide 2: Contents
Contents 1. 3Q2015 & 9M2015 Results 2. 5-Year Financial Highlights 3. 2015 Highlights 4. Total Landbank & GDV 5. Prospects for 2015 2
Slide 3: 3Q2015 & 9M2015 Results
PARAMOVNT 302015 & 9M2015 Results
Slide 4: 3Q2015 vs 3Q2014 Financial Results
3Q2015 vs 3Q2014 Financial Results 3Q2015 3Q2014 +/- % Revenue RM'Mil 147.7 120.4 27.3 23% Profit before tax RM'Mil 23.2 20.6 2.6 13% EBITDA RM'Mil 30.3 23.7 6.6 28% Profit net of tax RM'Mil 17.1 16.2 0.9 6% Earnings per share Sen 3.68 3.64 0.04 1% Dividend per share Sen 0.00 0.00 0.00 0% Group reve
Slide 5: 9M2015 vs 9M2014 Financial Results
9M2015 vs 9M2014 Financial Results 9M2015 9M2014 +/- % Revenue RM'Mil 428.0 352.4 75.6 21% Profit before tax RM'Mil 78.9 69.2 9.7 14% EBITDA RM'Mil 99.0 78.7 20.3 26% Profit net of tax RM'Mil 57.7 54.0 3.7 7% Profit attributable to ordinary equity holders of the company RM'Mil 52.8 52.4 0.4 1% Earni
Slide 6: 9M2015 vs 9M2014 Financial Results: Revenue by Division
9M2015 vs 9M2014 Financial Results Property Revenue increased by Revenue By Division (RM’Million) Division 25% due to: • Higher progressive 0.7 billings registered on the 450.0 Sejati Residences in 400.0 109.8 1.8 Cyberjaya, Utropolis in Glenmarie, Sekitar26 350.0 Business in Shah Alam 97.0 300.0 an
Slide 7: 9M2015 vs 9M2014 Revenue by Division (%)
9M2015 vs 9M2014 Financial Results Revenue By Division (%) 9M2015 Revenue 9M2014 Revenue 26% 28% 74% 72% Property Education Property Education 7
Slide 8: 9M2015 vs 9M2014 PBT by Division
9M2015 vs 9M2014 Financial Results PBT By Division (RM’Million) Property PBT increased by 19% due Division to the higher revenue. 85.0 17.8 Education PBT decreased by 7% due 75.0 Division to: 65.0 19.2 • Higher losses from KDU 55.0 University College due to the onset of depreciation 45.0 and interes
Slide 9: Statement of Financial Position
Statement of Financial Position RM'000 30/9/2015 31/12/2014 Non-current assets 1,400,108 1,111,446 Current assets 470,962 540,745 Total assets 1,871,070 1,652,191 Current liabilities 352,778 409,997 Net current assets 118,184 130,748 Non-current liabilities 444,529 290,350 Total liabilities 797,307
Slide 10: Group Debt/Equity (D/E) Ratio
Group Debt/Equity (D/E) Ratio 30/9/2015 31/12/2014 RM'Mil RM'Mil Borrowings 516.8 385.1 Cash & bank balances 139.1 192.3 Total equity* 1,073.8 951.8 30/9/2015 31/12/2014 Gross D/E ratio 0.48 0.40 Net D/E ratio 0.35 0.20 *Included Private Debt Securities of RM200 million Gross D/E Ratio = Total Borro
Slide 11: 5-Year Financial Highlights
5-Year Financial Highlights
Slide 12: 5-Year Financial Highlights
5-Year Financial Highlights Revenue (RM’Mil) PBT (RM’Mil) 550 120 100 500 80 450 60 40 400 20 350 0 2011 2012 2013 2014 9M2015 2011 2012 2013 2014 9M2015 Earnings Per Share (Sen) Net Assets Per Share (RM) 30.0 2.2 20.0 2.1 10.0 2.0 0.0 1.9 2011 2012 2013 2014 9M2015 2011 2012 2013 2014 9M2015 12
Slide 13: 5-Year Financial Highlights: Dividend Per Share and Payout Ratio
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 80.00 60% 50% 51% 70.00 48% 47% 48% 50% 60.00 40% 50.00 40.00 30% 30.00 20% 20.00 10% 10.00 75.00 10.00 8.00 8.00 7.50 - 0% 2010 2011 2012 2013 2014 Note: • FY2010 based on RM1.00 par value • FY2011 & FY2014 based on RM0
Slide 14: 2015 Highlights
PARAMOVNT 2015 Highlights
Slide 15: 2015 Highlights: Property and Education Divisions
2015 Highlights Property Division Education Division New sales of 374 units of properties • New KDU University College with total sales value of RM306 million flagship campus at Utropolis, recorded in 9M2015. Glenmarie with increased capacity to drive organic growth of student Locked-in sales of RM4
Slide 16: Total Landbank & GDV
PARAMOVNT Total Landbank & GDV
Slide 17: Total Landbank & GDV: Ongoing Developments
Total Landbank & GDV Remaining Development Period Original Land Project GDV Size (Acre) (Million) Start End On going Developments Sekitar26 Business, Shah Alam 13.5 0 2013 2016 Paramount Utropolis, Glenmarie 11.8 274 2013 2023 Bandar Laguna Merbok, 500 14 1996 2016 Sungai Petani Bukit Banyan, Sungai
Slide 18: Total Landbank & GDV: Pipeline and Future Projects
Total Landbank & GDV Development Period Land Size GDV Project (Acre) (Million) Start End Projects in the Pipeline Section 13, Petaling Jaya 5.2 701 2016 2020 Jalan Goh Hock Huat, Klang 29.16 1,052 2016 2026 Batu Kawan, Penang 20 1,368 2016 2026 Machang Bubuk, Penang 65 395 2017 2025 Future Projects
Slide 19: Prospects for 2015
PARAMOVNT Prospects for 2015
Slide 20: Prospects for 2015
Prospects for 2015 Malaysia’s property market is expected to remain subdued due to the cautious spending sentiments and tighter lending policies. Despite challenging market conditions, Paramount Property’s developments have performed well with new launches enjoying take up rates of between 50% and 7
Slide 21: Disclaimer
Disclaimer Statement Regarding Unaudited Financial Information The unaudited financial information set forth above is preliminary and subject to adjustments and modifications. Disclaimer on Forward-Looking Statements This presentation may contain forward-looking statements that involve risks and unc
Slide 22: Thank You
PARAMOVNT Thank You
Paramount Corporation Berhad — Q3 2015 Earnings Presentation on 6ix