Computime Group Limited · HKEX:320
Computime — FY2021/22 Earnings Presentation
20 slides from Computime's earnings presentation, Jul 8, 2022
Slide 1: 2021/22 Annual Results Presentation
Computime Group Limited (Stock Code: 320.HK) 2021/22 Annual Results Presentation 8 July 2022
Slide 2: Disclaimer
By attending this presentation, or by reading the presentation materials, you agree to be bound by the following limitations: The information in this presentation has been prepared by representatives of Computime Group Ltd. (the “Company”) for use at investor presentations by the Company. No represe
Slide 3: Contents
Contents 01 02 03 04 Company 2021/22 2021/22 Outlook Overview Annual Results Annual Results Review Operational Highlights 3
Slide 4: Company Overview
01 COMPANY OVERVIEW 4
Slide 5: Who We Are
Who We Are COMPUTIME IS A TECHNOLOGY AND MANUFACTURING COMPANY THAT ENABLES AND ADVANCES SMART AND SUSTAINABLE LIVING FOR EVERYONE. We focus on AI and ML that promote connected homes and buildings, evolving robotic automation technologies, and innovating renewable energy and water saving technologie
Slide 6: What We Do
What We Do P/E Ratio: [-] • Technology and Manufacturing • Established in 2004 • B2C global brand and product Company • B2B IoT Technology-based Company leader in home and baby markets • Specializes in Appliance Control, • Offers branded energy efficiency and • Innovative DTC solutions through HVAC
Slide 7: Our Locations
~5,000 Employees Worldwide 15 Offices, R&D, and Manufacturing Sites Our Locations 7
Slide 8: Annual Results Review
02 2021/22 ANNUAL RESULTS REVIEW 8
Slide 9: 2021/22 Financial Highlights
2021/22 Financial Highlights Strong topline growth despite headwinds • Revenue grew by 16.4% yoy to record high HK$4.2B across the board Geographic Business Segments ➢ US +14.3% ➢ Smart Solutions +17.3% ➢ Europe +19.5% ➢ Contract Manufacturing Services +15.9% ➢ Asia +12.0% Efficient operation and ma
Slide 10: Summary of Key P/L Items
Summary of Key P/L Items (HK$ million) FY2021 FY2022 Change Record high revenue with strong yoy growth across the board Revenue 3,596.7 4,184.8 +16.4% Gross profit 465.8 537.3 +15.4% Gross profit margin 13.0% 12.8% -0.2 p.p. Efficiency and profitability maintained despite escalating cost Total SG&A
Slide 11: Both Business Segments Continue to Progress Despite Disruption
Both Business Segments Continues to Progress Despite Continuous Supply Chain Disruption, COVID Interruption and Escalating Costs Smart Solutions (SS) Contract Manufacturing Services (CMS) Segment Revenue Segment Revenue HK$M +17.3% 1,281.4 HK$M +15.9% 2,903.5 1,092.3 2,504.4 FY2021 FY2022 FY2021 FY2
Slide 12: Balance Sheet to Cope with Market Challenges and Opportunities
Balance Sheet to Cope with Market Challenges and Opportunities (HK$ Million) As at 31 March 2021 As at 31 March 2022 Change Inventories 739.2 935.9 +26.6% Strategic increase in • Inventory turnover days 86 94 +8 days critical components holding to meet the strong order pipeline Trade receivables 404
Slide 13: 2021/22 Annual Results Operational Highlights
03 2021/22 Annual Results Operational Highlights 13
Slide 14: Our Platforms
Our Technologies Cloud/PaaS Connectivity Smart Home & Robotics Building IoT/Sensors Smart Irrigation Energy Management AI/ML Human Machine Interface Our Platforms 14
Slide 15: Technologies & Products
Technologies & Products Completed New Platforms Development • Smart Irrigation Ecosystem • AI for HVAC Kicked Off New Platform Development • Robotic AGV, Robotic Lawn Mower • LoRa Irrigation • EV Charger Other New Development • Expand Romania Center of Excellence • New HK Center of Excellence • Secu
Slide 16: Global Manufacturing Footprint
Global Manufacturing Footprint Shenzhen, China Yunfu, China Penang, Malaysia 1 HCM, Vietnam Guadalajara, Mexico Ploiesti, Romania 8 • Successful transformation from a China-based manufacturing setup to a global manufacturing footprint • Continuous ramp up effort in CT Malaysia 16
Slide 17: Outlook
04 Outlook 17
Slide 18: Strategic Plan
Strategic Plan • Geographical Expansion • Product Expansion B2B Brand • Channel Expansion • M&A for North America Design, Manufacturing & Distribution • Big Fish + Hi Po Smart Controls and IoT • New Customers OEM/ODM • New ODM Platform Residential and Industrial • Global Footprint Applications • Com
Slide 19: Q&A
Q&A 19
Slide 20: Thank You
Thank You www.computime.com 20