Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — Hi-P International — Q3 2009 Earnings Presentation
14 slides from Singapore Exchange's earnings presentation, Nov 3, 2009
Slide 1: Q3-2009 Results Briefing
Hi-P International Limited Q3-2009 Results Briefing 3 November 2009 3Q2009 Results Briefing 3 November 2009 1
Slide 2: Q3-2009 Overview
Hi-P International Limited Q3-2009 Overview Mr. Yao Hsiao Tung Executive Chairman 3Q2009 Results Briefing 3 November 2009
Slide 3: YOY Key Financial Highlights
YOY Key Financial Highlights Hi-P International Limited YOY (S$m) Q3-09 Q3-08 % Chg Revenue 157.8 253.5 -37.8% Gross Profit 22.4 42.9 -47.8% Pretax Profit 12.2 27.7 -55.8% Tax expense -1.5 -2.2 -34.2% Net profit (PATMI) 10.8 25.5 -57.7% EPS (S cts) 1.23 2.88 -57.3% NAV/Share (S cts) 66.01 61.05 8.1%
Slide 4: QOQ Key Financial Highlights
QOQ Key Financial Highlights Hi-P International Limited QOQ (S$m) Q3-09 Q2-09 % Chg Revenue 157.8 177.6 -11.1% Gross Profit 22.4 40.5 -44.7% Pretax Profit 12.2 18.2 -33.0% Tax expense -1.5 -2.5 -40.0% Net profit (PATMI) 10.8 16.0 -32.5% EPS (S cts) 1.23 1.82 -32.4% NAV/Share (S cts) 66.01 65.78 0.3%
Slide 5: Revenue by Geographical Segmentation
Revenue by Geographical Segmentation Hi-P International Limited 300 $253.5m 250 Revenue (S$m) $177.6m 200 $108.3m $157.8m 150 $80.3m $49.0m $63.4m 100 $46.1m $37.0m 50 $96.2m $51.2m $57.4m 43% 0 3QFY08 2QFY09 3QFY09 America Europe Asia * Based on shipping destination. 3Q2009 Results Briefing 3 Novem
Slide 6: Profitability Status
Profitability Status Hi-P International Limited 60 55 25.0% 49 50 51 22.8% 50 20.3% 20.8% 20.0% 43 Profitability (S$m) 18.1% 41 17.9% 40 16.9% 14.2% 15.0% 30 25 27 26 25 23 22.4 9.6% 10.1% 16 10.0% 9.1% 9.2% 9.3% 20 9.0% 6.8% 10.8 10 5.0% 0 0.0% Q1FY08 Q2FY08 Q3FY08 Q4FY08 Q1FY09 Q2FY09 Q3FY09 Gross
Slide 7: Positive cash-generating business
Positive cash-generating business Hi-P International Limited Q3-2009 Q3-2008 Category S$ m S$ m Net cash generated from operations 9 11 Net cash used in investing activities -2 -7 Net cash used in financing activities -0.2 -29 3Q2009 Results Briefing 3 November 2009 7
Slide 8: Strong Balance Sheet
Strong Balance Sheet Hi-P International Limited 30 Sep 09 31 Dec 08 Category S$ m S$ m Gross Cash 262 132 Net Cash 258 126 Gross Gearing 0.8% 1.0% 3Q2009 Results Briefing 3 November 2009 8
Slide 9: Outlook
Hi-P International Limited Outlook 3Q2009 Results Briefing 3 November 2009
Slide 10: Outlook
Outlook Hi-P International Limited New projects in Q4-2009 are expected to be on schedule and contribution will be in 2010 Q4-2009 vs Q4-2008 much lower revenue and profit are expected FY2009 vs FY2008 much lower revenue and profit are expected 3Q2009 Results Briefing 3 November 2009 10
Slide 11: Future Plans & Summary
Hi-P International Limited Future Plans & Summary 3Q2009 Results Briefing 3 November 2009
Slide 12: Future Plans
Future Plans Hi-P International Limited Drive for customer-base diversification Further strengthen cost control Pursue new value-added processes Source for potential acquisitions Capacity rationalization 3Q2009 Results Briefing 3 November 2009 12
Slide 13: Summary
Summary Hi-P International Limited Net profit of S$10.8 million Revenue decreased 37.8% yoy Strong balance sheet S$258 million net cash with low gearing of 0.8% Generated S$6 million net cash for Q3-2009 Outlook for FY2009 FY2009 vs FY2008 much lower revenue and profit are expected New pr
Slide 14: Thank You Q&A
Hi-P International Limited Thank You Q&A For Investor Relations Enquiries, please contact: Tel: (65) 6438 2990 Fax: (65) 6438 0064 Email: staff@financialpr.com.sg 3Q2009 Results Briefing 3 November 2009