Ewi Capital Bhd · MYX:EWICAP
Ewi Capital Bhd — EcoWorld International Berhad — FY2020 Earnings Presentation
11 slides from Ewi Capital Bhd's earnings presentation, 2020
Slide 1: EcoWorld International
ECOWoRLD INTERNATIONAL CREATING TOMORROW & BEYOND
Slide 2: Profit & Loss
Profit & Loss RM82.6M RM’000 FY2020 FY2019 Revenue 672,985 478 Direct Expenses -572,995 - Gross Profit 99,990 478 in FY2020 PAT Other Operating Income 26,122 19,227 (RM165.6m PAT Selling & Marketing Expenses -26,438 -4,569 before goodwill impairment) Administrative Expenses -39,326 -61,659 Impairmen
Slide 3: Balance Sheet
RM1.14 net asset per share RM’000 Shareholders’ Funds Balance Sheet 31 Oct 2020 2,739,072 31 Oct 2019 2,685,641 NA per Share (RM) 1.14 1.12 Total Cash 284,014 439,995 low net gearing Total Borrowings 1,228,359 1,463,745 / Net Debt / (Cash) 944,345 1,023,750 borrowings reduced mainly due to settlemen
Slide 4: Sustained Sales Performance
SALES MOMENTUM EWI FY2020 Sales SUSTAINED SALES RM448m PERFORMANCE RM315m RM320m RM317m RM1.4 billion sales achieved in FY2020 / Stronger sales in Q4 2020 driven by launch of EG A03 and seasonal factors / RM2.2 billion sales target for FY2021 Q1 FY2020 Q2 FY2020 Q3 FY2020 Q4 FY2020
Slide 5: Wardian
Wardian
Slide 6: Yarra One
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Slide 7: Strategic Business Plan: Strengthening the Balance Sheet
STRATEGIC BUSINESS PLAN Total GDV By Business Unit STRENGTHENING THE £3.0b BALANCE SHEET £2.2b Target to sell and hand over all launched units in EW- Ballymore (£2.2b GDV) and Australia (c.A$560m GDV) in 2-3 years / EWI’s gearing to reduce significantly following handover A$0.7b in West Village, War
Slide 8: Strategic Business Plan: Re-positioning the Business
STRATEGIC BUSINESS PLAN HARROW BARNET ENFIELD RE-POSITIONING THE BUSINESS HARINGEY WALTHAM REDBRIDGE FOREST HAVERING HILLINGDON BRENT HACKNEY CAMDEN BARKING & DAGENHAM TOWER EALING CITY HAMLETS NEWHAM Target substantial reduction in overhead costs across all EWI GREENWICH SOUTHWARK operations HOUNSL
Slide 9: BtR Platform
APO BtR PLATFORM A newly-launched residential management company that provides end-to-end service for BtR investors in sourcing investment opportunities, supporting design & development, leasing and long-term property management / Key business priorities include: • Consumer launch/Barking Wharf leas
Slide 10: Conclusion: Strategies to Emerge Stronger Post-Crisis
CONCLUSION STRATEGIES TO EMERGE STRONGER POST-CRISIS ACHIEVEMENTS TO-DATE RM13.4 billion of cumulative sales achieved as at 31 October 2020 with more than 4,400 units sold / Original projects under EcoWorld-Ballymore JV + 2 projects in Australia largely completed by early 2021 enabling strong profit
Slide 11: Sales Breakdown as at October 2020
Sales Breakdown As At 31 OCTOBER 2020 CUMULATIVE EWI GDV SALES SALES VALUE FUTURE PROJECT STAKE (MILLION) (MILLION) (MILLION) REVENUE1 FY2015-2019 FY2020 United Kingdom London City Island 75% £697 £584 £542 £42 £31 Embassy Gardens 75% £895 £482 £358 £125 £59 Wardian London 75% £574 £482 £450 £32 £20
EcoWorld International Berhad — FY2020 Earnings Presentation on 6ix