Paramount Corp. Bhd. · MYX:PARAMON
Paramount Corp. Bhd — Q4 2015 Earnings Presentation
23 slides from Paramount Corp. Bhd's earnings presentation, Feb 24, 2016
Slide 1: Unaudited 4Q2015 Results
Unaudited 4Q2015 Results 24 February 2016
Slide 2: Contents
Contents 1. 4Q2015 & 2015 Results 2. 5-Year Financial Highlights 3. 2015 Highlights 4. Total Landbank & GDV 5. Prospects for 2016 2
Slide 3: 4Q2015 & 2015 Results
PARAMOUNT 402015 & 2015 Results
Slide 4: 4Q2015 vs 4Q2014 Financial Results
4Q2015 vs 4Q2014 Financial Results 4Q2015 4Q2014 +/- % Revenue RM'Mil 148.0 157.6 (9.6) -6% Profit before tax RM'Mil 22.7 16.5 6.2 38% EBITDA RM'Mil 27.6 19.7 7.9 40% Profit net of tax RM'Mil 16.5 10.1 6.4 63% Profit attributable to ordinary equity holders of the company RM'Mil 14.9 10.1 4.8 48% Ear
Slide 5: 2015 vs 2014 Financial Results
2015 vs 2014 Financial Results 2015 2014 +/- % Revenue RM'Mil 576.0 510.0 66.0 13% Profit before tax RM'Mil 101.7 85.7 16.0 19% EBITDA RM'Mil 126.6 98.4 28.2 29% Profit net of tax RM'Mil 74.2 64.1 10.1 16% Profit attributable to ordinary equity holders of the company RM'Mil 67.7 62.5 5.2 8% Earnings
Slide 6: 2015 vs 2014 Financial Results: Revenue by Division
2015 vs 2014 Financial Results Property Revenue increased by Revenue By Division (RM’Million) Division 13% due to: • Higher progressive 1.0 billings registered on the 600.0 2.5 Sejati Residences in 147.9 Cyberjaya, Utropolis in 500.0 Glenmarie, Sekitar26 131.1 Business in Shah Alam 400.0 and Bukit B
Slide 7: 2015 vs 2014 Financial Results: Revenue by Division (%)
2015 vs 2014 Financial Results Revenue By Division (%) 2015 Revenue 2014 Revenue 26% 26% 74% 74% Property Education Property Education 7
Slide 8: 2015 vs 2014 Financial Results: PBT by Division
2015 vs 2014 Financial Results PBT By Division (RM’Million) Property PBT increased by 23% due Division to the higher revenue. 115.0 Education PBT decreased by 12% 21.6 Division 95.0 due to: 24.6 • Higher losses from KDU 75.0 University College stemming from the onset of depreciation and 55.0 83.9 in
Slide 9: Statement of Financial Position
Statement of Financial Position RM'000 31/12/2015 31/12/2014 Non-current assets 1,479,919 1,111,446 Current assets 450,304 540,745 Total assets 1,930,223 1,652,191 Current liabilities 377,484 409,997 Net current assets 72,820 130,748 Non-current liabilities 462,116 290,350 Total liabilities 839,600
Slide 10: Group Debt/Equity (D/E) Ratio
Group Debt/Equity (D/E) Ratio 31/12/2015 31/12/2014 RM'Mil RM'Mil Borrowings 549.6 385.1 Cash & bank balances 149.6 192.3 Total equity* 1,090.6 951.8 31/12/2015 31/12/2014 Gross D/E ratio 0.50 0.40 Net D/E ratio 0.37 0.20 *Included Private Debt Securities of RM200 million Gross D/E Ratio = Total Bor
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) 800 120 100 600 80 400 60 40 200 20 0 0 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 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 2015 2011 2012 2013 2014 2015 12
Slide 13: 5-Year Financial Highlights: Dividend and Payout Ratio
5-Year Financial Highlights Gross Dividend Per Share (sen) and Payout Ratio (%) 12.00 60% 51% 52% 48% 50% 10.00 47% 50% 8.00 40% 6.00 30% 10.00 4.00 8.00 8.00 7.50 8.25 20% 2.00 10% - 0% 2011 2012 2013 2014 2015 13
Slide 14: 2015 Highlights
PARAMOUNT 2015 Highlights
Slide 15: 2015 Highlights
2015 Highlights Property Division Education Division Achieved property sales of 506 units with a • New KDU University College flagship total sales value of RM432 million. campus at Utropolis, Glenmarie with increased capacity to drive organic Locked-in sales of RM367 million as at 31 growth of stude
Slide 16: Total Landbank & GDV
PARAMOUNT 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 2016
PARAMOUNT Prospects for 2016
Slide 20: Prospects for 2016
Prospects for 2016 In 4Q of 2015, the consumer sentiment index sank to a new low of 63.8 points (Source: Malaysian Institute of Economic Research), which in turn adversely impacted all sectors of the economy. The banking sector’s stringent lending policies further compounded the property market’s pe
Slide 21: Prospects for 2016 – Cont'd
Prospects for 2016 – Cont’d On the education front, Paramount Education is seeing intensifying competition in the tertiary business with the opening of Xiamen University in 2016 and the coming on-stream of new campuses by existing players, many with large student capacity. As a result of the muted e
Slide 22: 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 23: Thank You
PARAMOUNT Thank You
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