Hung Hing Printing Group Limited · HKEX:450

Hung Hing Printing — FY2019 Earnings Presentation

21 slides from Hung Hing Printing's earnings presentation, 2020

  1. Slide 1: Annual Results 2019

    Annual Results 2019 2019年业绩简报 At Hung Hing, we are proud of our 70 years of printing and packaging excellence, which has seen the Group grown from a small printing house to one of the largest printing solution providers in Asia with an extensive global outreach. ©2020 Hung Hing Printing Group Ltd.

  2. Slide 2: 2019 Results: Sales down 5.9%, profit attributable to shareholders HK$75.8 million

    Hung Hing Printing Group Ltd. - 2019 Results 鸿兴印刷集团2019年度业绩 Sales down slightly by 5.9%, but GP% up +5.7 %pt. and Profit Attributable to Shareholders jumped to 75.8 mil. (vs. 74.5 mil loss in 2018) 營業額降5.9%; 毛利率卻增加5.7個百份點, 使股東應佔溢利跳升至75.8百萬元 (Unit: HK$ million / 单位: 港 幣 百 萬 元 ) Year 2019 Year 2018 •

  3. Slide 3: Group Income Statement

    Group Income Statement Profit significantly improved with gross margin up +5.7%pt facilitated by portfolio & workflow enhancement, effective labor cost control with increased automation, less irrational paper price adjustments and favorable RMB exchange movements. (Unit: HK$' 000) For the twelve mon

  4. Slide 4: Robust financial position: Strong cash holding and liquidity

    Robust financial position: Strong cash holding and liquidity Strong financial position with net cash 965m; Propose special + final dividends on par with prior year to consistently uplift shareholders return, while allowing resources and the flexibility to seek future growth and investment opportunit

  5. Slide 5: Sales Revenue - External Customers

    Sales Revenue - External Customers 2019 Overall Sales -5.9%: BPP +2.5% / CPP -20% / CB -2.7% / PT -21% (HK$ million) 3,500 3,277 -5.9% 3,037 3,136 3,084 3,000 2,956 388 306 Paper Trading 425 (PT) 429 414 186 286 278 2,500 188 150 688 753 Corrugated 696 626 603 2,000 Box (CB) 1,500 1,897 Consumer 1,8

  6. Slide 6: Group EBITDA

    Group EBITDA Key Drivers: i) Strong BPP performance due to portfolio rationalization tally with automation investments which uplifted production efficiency and reduced labor costs; ii) Reduced paper prices, and iii) RMB depreciation favorable to operating costs. EBITDA (HK$ million) EBITDA as % of S

  7. Slide 7: BPP & CB margins improved; CPP & PT were under pressure

    BPP & CB margins improved; CPP & PT were under pressure Segment revenue & profit contribution% Books and Package Printing (BPP) Consumer Product Packaging (CPP) Revenue (HK$mil.) Revenue (HK$mil.) 2,500 5.9% 6.0% 800 753 3.0% 2.4% 2,000 1,850 1,897 4.0% 603 600 1.5% 1,500 2.0% 400 0.0% 1,000 0.0% 50

  8. Slide 8: Proposed Final & Special Dividends

    Proposed Final & Special Dividends ©2020 Hung Hing Printing Group Ltd.

  9. Slide 9: Earnings / (Loss) per Share (EPS / LPS)

    Earnings / (Loss) per Share (EPS / LPS) 公司权益持有人应佔溢利 / (虧損)及每股盈利 / (虧損) Profit / (Loss) Basic Attributable to Shareholders EPS / (LPS) 1200 140 1050 120 116.7 1000 100 800 80 (HK$ million) (HK Cents) 600 60 400 40 200 76 20 4.5 38 38 41 4.2 4.2 8.4 0 0 (75) (8.3) (200) (20) 2015 2016 2017 2018 2019 2

  10. Slide 10: Proposed Final & Special Dividends for 2019

    Proposed Final & Special Dividends for 2019 (HK¢ per share) Commentary • Proposed special + final dividends on 35.0 par with prior year, so as to consistently 32 uplift shareholders return in line with the objectives of dividend policy: to maintain 30.0 stable dividend return, and to offer the utmos

  11. Slide 11: Proposed final dividend 3 cents and special dividend 4 cents

    Hung Hing Printing Group Ltd. - 2019 Results 鸿兴印刷集团2019年度业绩 Proposed final dividend [3] cents and Special dividend [4] cents 建议派发末期股息[ 3 ] 仙 及特別股息 [ 4 ] 仙 (Unit: HK$ million / 单位: 港 幣 百 萬 元 ) Year 2019 Year 2018 • Group revenue declined moderately by 5.9% 3,084 3,277 集團營業額微降5.9% • Gross profit margi

  12. Slide 12: Appendices

    Appendices ©2020 Hung Hing Printing Group Ltd.

  13. Slide 13: Business Structure

    Business Structure Hung Hing Printing Group Limited Book & package Consumer product Corrugated Paper Beluga printing packaging box trading % 9% 2019 61% HK$1,897mm 20% HK$278mm 10% N.A. HK$603mm HK$306mm Market Leader Top 5 in Major player in Leader in Innovative position globally China South China

  14. Slide 14: Our Office and Production Plants

    Our Office and Production Plants Hong Kong Shenzhen Zhongshan Wuxi Heshan Shunde Vietnam • Printing and • Printing and • Printing and • Established in • Relocated to manufacturing of • Printing and • Land area manufacturing of manufacturing of 2007 for printing manufacturing Tai Po folding cartons,

  15. Slide 15: Our Global Presence

    Our Global Presence Sales Offices: Benelux Scandinavia United Kingdom Germany France Turkey USA South America Vietnam Production Plant ©2020 Hung Hing Printing Group Ltd. I p. 15

  16. Slide 16: Strategic Investments

    Strategic Investments ©2020 Hung Hing Printing Group Ltd. I p. 16

  17. Slide 17: Innovation Hub at HH

    Innovation Hub at HH Our team is specialized in creative design and product development for a brand new and exciting category of 'print + digital' products using innovative and patented technologies. Improve Creative De-Spec and cost Creating new re-assessment concepts and formats Problem Solving Ba

  18. Slide 18: We care about the environment

    We care about the environment PSA Printing Standards Audit certification is a rigorous, objective process for assessing a printer’s color control FSCR® ability to operate a standards- Forest Stewardship Council - compliant workflow. Chain of Custody to ensure paper originates from well-managed GMI F

  19. Slide 19: Going forward

    Going forward 1992 1950 Founded as a small printing 1959 1966 1970 1989 Listed on the Stock Diversified into Began operation Expanded into Relocated to Tai shop in Central, Hong Kong, by Exchange of the printing and in corrugated paper trading Po Industrial Mr. Yam Cheong Hung. Hong Kong. manufactur

  20. Slide 20: Disclaimer

    Disclaimer The presentation is prepared by Hung Hing Printing Group Limited (the “Company”) and is solely for the purpose of corporate communication and general reference only. The presentation is not intended as an offer to sell, or to solicit an offer to buy or to form any basis of investment deci

  21. Slide 21: Thank you.

    Thank you. ©2020 Hung Hing Printing Group Ltd. I p. 21

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