41
4Q 2014 / FY2014 Financial Results Announcement 18 February 2015

3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

  • Upload
    others

  • View
    2

  • Download
    0

Embed Size (px)

Citation preview

Page 1: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

4Q 2014 / FY2014

Financial Results Announcement

18 February 2015

Page 2: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

• Dynamic International Corporation with diversified business:

• Listed on Main Board of Singapore Exchange

• Global Player with 8 Sales Offices, 4 R&D Centres and over 2,000 employees worldwide

• State-of-the-Art Electronics and LED Lighting Manufacturing facilities

• Quality Assurance - ISO Certified – TL9000, TS16949, ISO9001, ISO14001

Group Profile

2

Page 3: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

4Q / FY2014 Turnover

3

(S$’m)

100

60

20

0

40

80

4Q 2013

$83.1m

4Q 2014

$77.3m

0 FY2013

$241.2m

FY2014

$329.4m

(S$’m)

150

50

100

200

250

300

350

Page 4: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

(S$’m)

0

1

2

3

4Q 2013

$0.3m

4Q 2014

$3.1m

(S$’m)

0

1

2

3

FY2013

$6.5m

FY2014

$5.8m

4Q / FY2014 Net Profit

4

5

7

4

6

Page 5: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

5

S$’m FY2014 FY2013 % change

Turnover 329.41 241.15 36.6

Gross Profit 34.73 31.76 9.3

Gross Profit Margin 10.5% 13.2% (2.7)

Net Profit After Tax 5.78 6.47 (10.7)

Net Profit Margin 1.8% 2.7% (0.9)

Earnings Per Share 1.19 cts 1.33 cts (10.5)

EBITDA 17.76 15.83 12.2

Financial Highlights

Page 6: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

6

S$’m FY2014 FY2013 % change

Current Assets 143.01 115.16 24.2

>> including Cash & Bank

Balance; and 20.48 25.68

(10.3%)

>> Bonds (Liquid Assets) 4.48 2.16

Current Liabilities 119.18 87.40 36.4

Net Working Capital 23.83 27.75 (14.1)

Non-Current Assets 76.90 58.42 31.6

Non-Current Liabilities 14.33 1.52 842.3

Total Assets 219.91 173.57 26.7

Total Liabilities 133.52 88.92 50.1

Shareholders’ Equity 86.40 84.65 2.1

Balance Sheet Summary

Page 7: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

7

Key Indicators

FY2014 FY2013 change

Debtors (S$’m) 60.97 43.23 41.0%

Debtor Turnover (Days) 58 54 4 Days

Creditors (S$’m) 54.21 30.66 76.8%

Creditor Turnover (Days) 58 58 -

Inventory (S$’m) 48.37 38.57 25.4%

Inventory Turnover (Days) 59 65 (6 Days)

Capital Expenditure (S$’m) 17.01 8.94 90.3%

Current Ratio (x) 1.20 1.32 (9.1%)

Quick Ratio (x) 0.80 0.88 (9.1%)

Gearing Ratio (x) 0.8 0.6 33.3%

Page 8: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

8

Operating Cash Flow Summary

n.m. - not meaningful

S$’m FY2014

FY2013 % change

Profit before Income Tax 7.20 7.51 (4.0)

Depreciation & Amortisation 9.27 7.44 24.6

Other Non Cash-Flow

Adjustments 1.02 1.47 (30.6)

Operating Cash Flows before

Movement in Working Capital 17.49 16.42 6.5

Changes in Working Capital (4.08) (25.17) (83.8)

Interest & Income Tax Paid (2.94) (1.84) 59.4

Net Cash from (used in)

Operating Activities 10.47 (10.59) n.m.

Page 9: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

9

Business Segment S$’m %

Electronics 196.78 59.7

Material Supply & Marine

127.66 38.8

F&B Retail & Supplies 4.97 1.5

Total 329.41 100.0

Region S$’m %

Asia Pacific 241.08 73.2

Europe 83.03 25.2

North & South America 4.51 1.4

Others 0.79 0.2

Total 329.41 100.0

By Business Segment By Region

F&B

1.5%

Material Supply

& Marine

38.8%

Electronics

59.7%

Europe

25.2%

Others

0.2%

North & South

America

1.4%

Asia Pacific

73.2%

FY2014 Turnover

Page 10: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Electronics Business

Page 11: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

11

Operational Update

Continue to promote Aztech as the leading broadband and networking brand

Continue to innovate on faster speed HomePlug and Wireless Fibre Gateway

Expand Aztech HOME range of home appliances

Moving Forward

Sales of Electronics in FY2014: S$196.8m (increase of 19.9% compared to FY2013))

Launch of Aztech HOME range of home appliances – Air Purifier, 8-in-1 Multifunction

Cooker, Kettle etc

Introduced networking products – Aztech HL129EP 1200Mbps HomePlug,

FG7008GR(AC) 2400Mbps Gigabit Router and MWR647 4G Mi-Fi with Built-in PowerBank

Electronics Business

11

Page 12: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

HL115EP HomePlug AV

500Mbps Gigabit Ethernet Adapter

with AC Pass Through

HL113EP HomePlug AV

200Mbps Ethernet Adapter with

AC Pass Through

HL117EP HomePlug AV

500Mbps Fast Ethernet Adapter with AC Pass

Through

HL119EP HomePlug AV2

600Mbps Gigabit Ethernet Adapter with Smart Link

HL129EP HomePlug AV2

1200Mbps Gigabit Ethernet Adapter with Smart Link

HL113EW HomePlug AV 200Mbps

with 150Mbps Wi-Fi Extender

HL117EW HomePlug AV 500Mbps

with 300Mbps Dual-band Wi-Fi Extender

Powerline Networking

Products

12

HL129EW HomePlug AV 1200Mbps with 300Mbps Dual-band

Wi-Fi Extender

Page 13: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

WL559E 300Mbps Wireless

Repeater

WL580E Dual Frequency 300Mbps

Wireless Repeater

WL590E Dual Frequency 750Mbps

Wireless AC Repeater

MWR647 4G MiFi Router with Built-in Powerbank

MWR657 4G MiFi Router with Built-in Powerbank

Wireless Repeater & 4G Mi-Fi Powerbank

Wireless-N IP Camera

Products

13

HIPC700 500 Mbps HomePlug

IP Camera

WIPC409HD HD Wireless-N IP Camera

with 2-Way Audio Support

WIPC410HD Enhanced HD Wireless-N

Pan/Tilt IP Camera

Page 14: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

FG7003GRV 4-Port Wireless-AC

(1600Mbps) Fibre Gateway

FG7008GRV(AC) 4-Port Wireless AC

(2400 Mbps) Fibre Gateway

FG7000GRV 4-Port 300 Mbps Wireless +

Voice Over IP Gateway

DSL5028EN(2T2R) 4-Port ADSL2/2+ 300Mbps

Wireless-N Modem Router with USB host

VDSL5038GRV 4-Port VDSL2 300Mbps

Wireless-N Gateway with USB 2.0 Host

FG8800GRV 4-Port Gigabit Dual-Frequency

Wireless-N Fibre Gateway

Fibre Gateway

ADSL / VDSL

Products

14

DSL5028EN(1T1R) 4-Port ADSL2/2+ 150Mbps Wireless-N Modem Router

with USB Host

Page 15: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Aztech Home

VC2000 Smart Robotic Vacuum Cleaner

AEK1700 Electric Kettle

EG008 LollieEgg Roll Maker

SJ1000 JuiceMAX Slow Juicer

MT400 Air Purifier

MT402 Air Purifier

Products

15

MF801 8-in-1 Multi Function Cooker

ABM750 Bread Maker

ASM800 Soup Maker

ANM500 Noodle Maker

Page 16: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

LED Lighting Business

Page 17: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

17

Operational Update

Stable revenue contribution from LED lighting business

Expanded factory facilities in China to cater for manufacturing of LED lighting

New product launch – AZPOSE LED Floodlight, AZEL Glass Tubes and SHAPDE Lamp

Expand product offerings for retail market

Continue to increase brand awareness through participation in international trade shows

Continue to expand business in re-lamping and new projects

Moving Forward

LED Lighting

Page 18: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

18

New LED Products

Page 19: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

19

LF212 LF212B 2-feet, 9W 800lm

LF424 LF424B 4-feet, 21W 1600lm

LED Batten Fitting with

Sensor

LED Batten Fitting

LFE207 LFE207B 2-feet, 7W 750lm

LFE414 LFE414B 4-feet, 14W 1500lm

LF212S LF212BS 2-feet, 9W 800lm

LF424S LF424BS 4-feet, 21W 1600lm

LFE207S 2-feet, 7W 750lm

LFE414S 4-feet, 14W 1500lm

LED T5 Fitting

LFC2-104 1-feet, 4W 350lm

LFC2-208 2-feet, 8W 700lm

LFC2-312 3-feet, 12W 1050lm

LFC2-416 4-feet, 16W 1400lm

Lighting Products

AZCESS LF / LFE LED Batten Fitting

AZPAND LFC T5 LED Fitting

19

Page 20: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

20

Lighting Products

AZSENCE LDR / LDS / LDRA / LDSA series LED Downlight

AZPRESS / AZPRESS+ LCR series LED Ceiling Light

LDR3H12 3.5-inch, 11W 850lm

LED Downlight

Dimmable LED

Downlight

LDRA824/830 8-inch, round 24/30W

LDR412 4-inch, 11W 850lm

LDS412 4-inch, 11W 850lm

LDR612E 6-inch, 11W 800lm

LDRA616/624/630 6-inch, round 16/24/30W

LDSA616/624/630 6-inch, square 16/24/30W

LCR1424 (Lunar) 20W, 1400lm

LCR1424 (Solar) 20W, 1400lm

14-inch LED Ceiling

Light

LCR1930M 30W, 2700lm Dimmable, adjustable colour temperature with Night Light

19-inch LED Ceiling

Light

20

Page 21: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

21

Lighting Products

AZPLORE LBHR series LED Bulkhead / 2D Luminaire

Handheld Light / AZCEND Globe / AZIS Spot LED Bulb

LBHR1424 LBHR1424S 14-inch, 24W 1350lm

LBHR1424B LBHR1424BS 14-inch, 24W 1350lm

LED 2D Luminaire

LED Bulk Head

LBHR810 LBHR810S 8-inch, 10W 800lm

LBHR1120 LBHR1120S 10-inch, 20W 1600lm

LBHR1120B LBHR1120BS 10-inch, 20W 1600lm

LHE102 1-feet, 1.5W 170lm, USB rechargeable

LE27G58-6 E27, 6W 550lm

LMR16D24-6 LMR16D36-6 GU5.3, 6W 450lm

21

Page 22: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Lighting Products

AZCEL LT8 series LED Tube

LT8F210 2-feet, 10W 850lm

LT8F419 4-feet, 19W 1800lm

LT8S419 4-feet, 19W 1800lm

LT8B209E LT8BR209E LT8B209EP 2-feet, 9W, 825lm

LT8B418E LT8BR418E LT8B418EP 4-feet, 18W, 1650lm

LT8B522E LT8BR522E 5-feet, 22W 2000lm

LT8B208P LT8B208PEP 2-feet, 8W, 1000lm

LT8B416P LT8B416PEP 4-feet, 16W, 2000lm

LT8B525P 5-feet, 25W 3125lm

LT8G208 2-feet, 8W 800lm

LT8G416 4-feet, 16W 1600lm

22

Page 23: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Material Supply & Marine

Page 24: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

24

Total contribution of 38.8% to Group Turnover in FY2014 (S$127.7m)

A major sand importer with multiple sourcing capabilities, supported by sizable fleet of

marine vessels

Acquired shipyard at 15D Pandan Road and set up as AZ Marine Offshore Services (AMOS)

Strengthen core marine logistics capability and expand ship repair and maintenance

capacity

Continue to explore new business opportunities

Provide full-fledged marine transportation &

offshore services

Expand service offerings

Moving Forward

Operational Update

24

Page 25: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

25

Services

One-stop centre with vertically integrated system

Bulk import of construction materials

Reclamation work

Material supply chain management

Comprehensive maritime logistics and husbanding support

Ship repair and maintenance

Customised fabrication works for oil & gas and offshore sector

Efficient lifting and supply support via wide water frontage and dedicated jetty

Provision of tugs and barges

Dredging Transportation Stevedoring Discharge

Page 26: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Shipyard with site area of 251,500 square feet and water

frontage of 2,475 feet long

Diversified service portfolio includes ship management,

vessel agency, ship chandling and ship brokerage services

Owns 11 tugs, 13 barges, 2 conveyor barges, 2 mooring

boats and 1 passenger launch that can support a wide

range of operations

26

Shipyard

Warehouse and Workshop Storage, Small Craft refurbishments Tugboats

Page 27: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

13 Barges • Az Beijing

• Az Chengdu • Az Xiamen • Az Qingdao • Az Fuzhou • Az Kunming

• Az Guangzhou • Az Tianjin • Az Dalian • Az Shanghai • Az Changi 9 • AZ CHT

• NUSA 14

27

Fleet

Biden Az Xiamen Az Marigold

11 Tugboats • Az Rose

• Az Sakura • Az Orchid • Az Lily • Az Sunflower • Az Tulip

• Az Peony • Az Lavender • Az Carnation • Az Iris • Az Marigold

2 Conveyor Barges • Aiden • Biden

1 Launch Boat • Ciden

2 Mooring Boats • Az Zavier

• Az Zoey

Page 28: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

28

F&B Retail & Supplies

Page 29: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

29

F&B Retail & Supplies

Contributed S$5.0 million to Group Turnover in FY2014

Direct import and sales of premium food products

Agency / Distribution for brands such as Gourmet Chef Packers,

Aux Champs d'Élisé and Junta

Research and develop own range of products

Continue to expand product offerings and distribution services

Focus on promoting product range to food services and retail market in Singapore

With the acquisition of Kay Lee Roast Meat Joint, to expand and drive revenue growth

for the Group’s F&B Division

Moving Forward

Operational Update

29

Page 30: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

30

Shiro F&B Products

Jade Canned Products

Seafood & Meat Products

Hokkaido Scallop

30

UHP Lobster Meat Canadian Beef Kagoshima Wagyu Beef Brome Lake Duck

Page 31: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

31

Ready-to-Cook

31

Page 33: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Food Business F&B Retail & Supplies

F&B Retail & Supplies

Page 34: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

34

Kay Lee F&B

Acquired Kay Lee Roast Meat Joint business and its outlet at

125 Upper Paya Lebar Road in November 2014

First Kay Lee branch opened in Suntec City in February 2015

offering a variety of food items

Set up Central Kitchen in Senoko for preparation of roast items

Plan to open more Kay Lee outlets in Singapore

To expand and drive revenue growth for the Group’s F&B Division

Moving Forward

Operational Update

34

Page 35: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Kay Lee Food Items

Page 36: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Corporate Updates

Page 37: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

HQ Showroom @ Ubi

37

Page 38: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Sitex, Singapore – Nov 2014 Pikom PC Fair, Malaysia – Dec 2014

Events & Exhibitions

38

Page 39: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

Events & Exhibitions

39

Hong Kong International Lighting Fair (Autumn Edition) – Oct 2014

HomeDec, Malaysia – Oct 2014

Page 40: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

This presentation should be read in conjunction with Aztech Group’s Results for the period ended 31 December 2014 in the SGXNET announcement. This presentation may contain certain forward-looking statements which are based on Aztech Group’s current views, intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, uncertainties and other factors, many of which are outside Aztech Group’s control and that could cause actual results, performance or achievements for the Group to differ materially from such statements. Such risks and uncertainties include industry and economic conditions, competition, and legal, governmental and regulatory changes. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements.

For more information, please visit www.aztech-group.com

Corporate Communications: Jesmine Ong [email protected] DID: +65 6594 2276

Disclaimer

40

Page 41: 3Q 2014 / Jan-Sep FY2014 Financial Results Announcement 23

THANK YOU