Xmh Holdings Ltd. · SGX:BQF
Xmh — H1 2018 Earnings Presentation
17 slides from Xmh's earnings presentation, Dec 20, 2017
Slide 1: 1HFY2018 Results Presentation
1HFY2018 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 half and gross margins improved but weak market sentiments and strong competition continued to weigh down performance 2QFY2018 2QFY2017 % 1HFY2018 1HFY2017 % Financial Highlights S$’000 S$’000 Change S$’000 S$’000 Change Revenue 22,056 25,083 (12.1) 40,
Slide 6: Revenue
Revenue Revenue Quarterly Analysis S$’ million 120.0 1HFY2017 1HFY2018 S$44.5m S$40.9m 90.0 Decrease in Revenue 26.1 4Q Distribution and 60.0 projects business 105.2 108.4 19.5 3Q segments affected by 97.6 91.5 competition, judicious 30.0 25.1 2Q 22.0 spending by customers and deferment of 19.4 1Q
Slide 7: Profitability Trend (Gross Profit / Gross Profit Margin)
Profitability Trend (Gross Profit / Gross Profit Margin) Gross Profit Gross Profit Margin S$’ million Quarterly Analysis 40.0 40.0% 1HFY2017 1HFY2018 S$9.2m S$10.6m Increase in Gross Profit 30.1% 30.0 26.0% 30.0% and GPM 24.8% 25.8%** 23.5% Despite revenue 20.6%* decrease, GP and GPM 20.0 4Q 20.0% 7
Slide 8: Profitability Trend (Net Profit / Net Profit Margin)
Profitability Trend (Net Profit / Net Profit Margin) Net Profit S$’ million Net Profit Margin 20.0 25.0% 18.0 Quarterly Analysis 16.0 11.7% 1HFY2017 1HFY2018 15.0% 14.0 S$0.3m S$0.3m 7.3% 12.0 5.7% 5.8% 10.0 5.0% 0.7%* 0.8%* 8.0 Higher Net Profit and NPM 6.0 11.4 Net profit and NPM 0.5^ 4Q ‐5.0% 4
Slide 9: Profitability Trend (EBITDA / EBITDA Margin)
Profitability Trend (EBITDA / EBITDA Margin) EBITDA S$’ million EBITDA Margin 20.0 25.0% Quarterly Analysis 18.0 1HFY2017 1HFY2018 16.0 14.2% S$4.0m S$4.1m 12.4% 15.0% 14.0 10.1% 8.5% 8.9%* 9.9%** 12.0 Higher EBITDA and 10.0 5.0% EBITDA Margin 8.0 4Q 2.0 Higher EBITDA from 13.9 13.4 6.0 3Q better
Slide 10: Dividend Trend (Dividends / Dividend Yield)
Dividend Trend (Dividends / Dividend Yield) Dividend Singapore Cents Dividend Yield 3.0 4‐to‐1 share consolidation on 10.0% Feb 22, 2016 2.5 5.0% 2.0 3.6% 3.1% 3.6% 5.0% 1.5 1.6% 1.0 0.2 0.2 2.0 0.0% 0.5 1.0 1.0 0.8 0.5 ‐ ‐5.0% Dividend Special Dividends Dividend Yield PRIVATE & CONFIDENTIAL © 2014
Slide 11: Balance Sheet
Balance Sheet 31 October 2017 30 April 2017 Balance Sheet S$’000 S$’000 Property, plant and equipment 66,357 68,707 Intangible assets 11,409 11,833 Inventories 27,565 30,550 Trade and other receivables 17,844 23,068 Contract work‐in‐progress 10,993 10,980 Cash and short‐term fixed deposits 26,292 25
Slide 12: Outlook, Strategies & Developments
Outlook &Strategies Outlook, Strategies & Developments
Slide 13: Outlook
Outlook Effects of increased oil and coal prices yet to flow downstream and tug boat charter rates remain lacklustre • Softer demand for marine related products and lower activity in the offshore marine industry • Intense competition across all segments pressuring profit margins Actively pursuing vi
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: Share Statistics
Share Statistics Bloomberg code XMH SP EQUITY Reuters code XMHL.SI Share Price S$0.240 Market Capitalization S$26.7 million (111.3M shares) Trailing P/E 16.7x+ NAV per share S$0.585 Free Float 26.3% Substantial Shareholders Insiders 46.2% Credence Capital 18.8% Source: Company Statements, Bloomberg
Slide 17: 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