Media Chinese International Ltd · HKEX:685
Media Chinese International — H1 FY2014/15 Earnings Presentation
25 slides from Media Chinese International's earnings presentation, November 2014
Slide 1: FY2014/15 Interim Results Presentation
Media Chinese International Limited FY2014/15 Interim Results Presentation November 2014
Slide 2: Agenda
Agenda • Overview • Performance Review --- Market Highlights --- Financial Performance • Strategic Update • Outlook 2
Slide 3: Geographic Diversity
Geographic Diversity Media Chinese (Dual Primary Listed) Greater China Southeast Asia North America Digital Media Sin Chew Daily Toronto Ming Pao Websites MP Daily News (HK) China Press Vancouver Ming Pao Mobile Applications Yazhou Zhoukan Guang Ming Daily Toronto Canadian Pock
Slide 4: Publishing – Daily Newspapers, Free Newspapers and magazines
Publishing – 5 Daily Newspapers in 11 editions, 3 Free Newspapers and over 30 magazines New! New! 4
Slide 5: Digital/New Media – e-Papers, e-Magazines, websites and mobile services
Digital/New Media – 5 e-Papers, 22 e-Magazines, over 40 websites & numerous mobile services Online Media (Southeast Asia) New! Online Media (Hong Kong) Mobile Media Online Media (Mainland China) Online Media (Canada) 5
Slide 6: Agenda
Agenda • Overview • Performance Review --- Market Highlights --- Financial Performance • Strategic Update • Outlook 6 6
Slide 7: Market Share in Malaysia and Hong Kong
Market Share in Malaysia and Hong Kong Peninsular Malaysia Period from 1 July 2013 to 30 June 2014 Chinese Newspapers Readership Ranking in Malaysia Sin Chew -Sin Chew Daily 1,092,000 No. 1 -Guang Ming Daily 418,000 No. 3 Nanyang -China Press 1,076,000 No. 2 -Nanyang Siang Pau 83,000 with PMEB focus
Slide 8: Adex for April to September 2014 in Malaysia
Adex for April to September 2014 in Malaysia YTD Adex (Apr to Sept 2014) Total Adex (RM) NPPS : 2,443m 4.2% Radio Cinema POS Magazines : 63m 0.3% 1.1% 3.3% Magz FTA TV (FTA) : 1,655m 0.9% 22.6% Pay TV : 2,807m Radio : 243m 8.5% POS : 78m Cinema : 22m NPPS 33.4% Pay TV 38.4% NPPS : +4.5% RM 7,311m Ma
Slide 9: Adex for Total Newspapers in Malaysia
Adex for Total Newspapers in Malaysia Apr – Sep ‘14 Apr – Sep ‘13 Variance Variance RM’ million RM’ million RM’ million % English 1,050.4 928.1 122.3 13.2% Malay 751.6 748.3 3.3 0.4% Chinese 631.1 650.9 (19.8) -3.0% Tamil 10.2 10.9 (0.7) -6.5% TOTAL 2,443.3 2,338.3 105.0 4.5% Source: AdQuest Millenn
Slide 10: Share Of Chinese Newspapers Advertising Expenditure In Malaysia
Share Of Chinese Newspapers Advertising Expenditure In Malaysia For Apr to Sep 2014 NEWSPAPERS ADEX Others West Malaysia ENG Npps 2.4% 43.0% CHN Npps 25.8% Others East Malaysia MCIL Group 4.2% 19.2% Tamil Npps 0.4% BM Npps 30.8% Adex for Total Newspapers : RM 2,443 million Chinese Newspapers in West
Slide 11: Adex for April to September 2014 in Hong Kong
Adex for April to September 2014 in Hong Kong Total Adex (Apr to Sep 2014) Total Adex (HKD) Newspapers : 17,779m Others Magazines : 6,832m 0.4% Interactive 10% 12% TV : 17,812m Radio Radio : 1,995m 4% TV 31% Interactive : 5,724m 7.6% Magazines Others : 7,045m 12% NPPS 31% Newspapers : +3.0% Magazine
Slide 12: Agenda
Agenda • Overview • Performance Review --- Market Highlights --- Financial Performance • Strategic Update • Outlook 12 12
Slide 13: Group Results Summary (Unaudited)
Group Results Summary (Unaudited) For the period ended 30 September (US$ million) 2014 2013 % Variance Turnover 237.1 251.8 -5.8% Profit before income tax 26.3 35.7 -26.3% Profit attributable to owners of the 18.3 25.4 -28.0% Company 34.7 44.9 -22.7% EBITDA 14.6% 17.8% -3.2% EBITDA margin (%) 7.7% 1
Slide 14: Segment Results (Unaudited)
Segment Results (Unaudited) Turnover (US$ million) For the period ended 30 September 2014 2013 % Variance Malaysia & other SEA countries 132.2 145.2 -9.0% Hong Kong, PRC & North America 46.5 47.2 -1.5% Travel and travel related services 58.4 59.4 -1.7% Total Turnover 237.1 251.8 -5.8% PBT (US$ milli
Slide 15: Financial Position (Unaudited)
Financial Position (Unaudited) (US$ million) As at As At % Variance 30 Sept 2014 30 Sept 2013 Total assets 470.1 474.3 -0.9% Net assets 230.6 214.5 +7.5% Cash and cash equivalents 108.8 104.1 +4.5% Owners’ equity 223.6 207.6 +7.7% Net assets per share (US cents) 13.25 12.31 +7.6% Net gearing ratio (
Slide 16: Dividends (exclude Special Dividend)
Dividends (exclude Special Dividend) As at As At 30 Sept 2014 30 Sept 2013 PATMI (US$ million) 18.3 25.4 Dividend per share (US cents) 0.430 0.750 Dividend pay-out ratio (as a % of PATMI) 40% 50% 16 16
Slide 17: Agenda
Agenda • Overview • Performance Review --- Market Highlights --- Financial Performance • Strategic Update • Outlook 17
Slide 18: Strategic Update – Hong Kong: Education Publications
Strategic Update – Hong Kong 1) Education Publications “Life & Society” printed and e-textbooks Liberal Studies --- “Today Hong Kong” for junior secondary schools printed textbooks for senior secondary schools Done Done 18
Slide 19: Strategic Update – Malaysia: Logon
Strategic Update – Malaysia 1) Logon MCIL Multimedia launched its online marketplace i.e. “Logon” on 26.11.2014. “Logon” is a bi-lingual platform specifically designed to help SME/SMI leverage the power of the Internet to establish an online presence and conduct commerce with consumers and businesse
Slide 20: Strategic Update – Malaysia: Pocketimes
Strategic Update – Malaysia 2) Pocketimes “Pocketimes” has commenced operation on 21.7.2014. It is a new mobile video content platform targeting at the younger and mobile users while utilizing the Group’s existing news content. Besides broadcasting morning news, financial and business news every day
Slide 21: Strategic Update – Malaysia: Goods and services tax (GST)
Strategic Update – Malaysia 3) Goods and services tax (GST) The Malaysian government has included the newspaper that is published on a daily basis in the zero-rated GST supplies list in Budget 2015. This applies to both print and digital version. Publishers are eligible to claim input tax credit in
Slide 22: Agenda
Agenda • Overview • Performance Review --- Market Highlights --- Financial Performance • Strategic Update • Outlook 22
Slide 23: Outlook
Outlook • Business environment is expected to be challenging. • Malaysia is facing a soft advertising environment. Advertisers and consumers remain cautious due to economic uncertainties and impending implementation of the GST. • Both Hong Kong and China advertisers are slashing advertising budget o
Slide 24: Thank you
iS Thank you 24
Slide 25: Looking Forward Statements
Looking Forward Statements This presentation includes certain forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that Media Chinese International Ltd expects or anticipates will or may occur in the future are forward
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