Media Chinese International Ltd · HKEX:685
Media Chinese International — Q2 FY2015/16 Earnings Presentation
34 slides from Media Chinese International's earnings presentation, November 2015
Slide 1: Media Chinese International 2nd Quarter FY2015/16 Results Presentation
Media Chinese International Limited 2nd Quarter FY2015/16 Results Presentation November 2015
Slide 2: Agenda
Agenda (1) Overview (2) Performance Review • Market Highlights • Financial Performance • Financial Performance (excluding currency impact) (3) Strategic Update (4) Outlook 1
Slide 3: (1) Overview
Agenda (1) Overview 2
Slide 4: Geographic Diversity
Geographic Diversity Media Chinese (Dual Primary Listed) Greater China Southeast Asia North America Digital Media Sin Chew Daily ● Websites MP Daily News (HK) Toronto Ming Pao China Press ● Mobile Applications Yazhou Zhoukan Vancouver Ming Pao Guang Ming Daily ● Pocketimes Over 10 ma
Slide 5: Market Leading Brands with Long History
Market Leading Brands with Long History Publishing since In publication for • Nanyang Siang Pau 1923 92 years • Sin Chew Daily 1929 86 years • China Press 1946 69 years • Ming Pao Daily News (Hong Kong Edition) 1959 56 years • Ming Pao Monthly 1966 49 years • Ming Pao Weekly 1968 47 years • Yazhou Z
Slide 6: Publishing – Daily Newspapers, Free Newspapers and Magazines
Publishing – 5 Daily Newspapers in 11 editions, 3 Free Newspapers and over 30 magazines 5
Slide 7: Digital/New Media
Digital/New Media – 5 e-Papers, 19 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) 66
Slide 8: (2) Performance Review – Market Highlights
Agenda (2) Performance Review • Market Highlights 7
Slide 9: Market Share in Peninsular Malaysia and Hong Kong
Market Share in Peninsular Malaysia and Hong Kong Penisular Malaysia Period from 1 July 2014 to 30 June 2015 Chinese Newspapers Readership Ranking in Malaysia Sin Chew - Sin Chew Daily 1,394,000 No. 1 - Guang Ming Daily 328,000 No. 3 Nanyang - China Press 963,000 No. 2 - Nanyang Siang Pau 96,000 wit
Slide 10: Adex for Apr to Sep 2015 in Malaysia
Adex for Apr to Sep 2015 in Malaysia YTD Adex (Apr to Sep 2015) Total Adex (RM) NPPS : 2,119m 12.9% Radio Cinema POS Magazines : 66m 1.4% 3.5% 0.5% Magz FTA TV (FTA) : 1,420m 1.0% 20.8% Pay TV : 2,858m Radio : 239m 2.7% POS : 93m Cinema : 33m NPPS 31.0% Pay TV 41.8% NPPS : -13.4% RM 6,828m Magazines
Slide 11: Adex for Total Newspapers in Malaysia
Adex for Total Newspapers in Malaysia -15.7% -13.1% 1,200 -10.0% In RM ‘million 1,000 800 600 +5.2% 400 200 0 Chinese English Malay Tamil Apr'15 - Sep'15 568.4 886.7 653.3 10.8 Apr'14 - Sep'14 631.7 1,052.3 751.6 10.2 Apr'15 - Sep'15 Apr'14 - Sep'14 Source: AdQuest Millennium (Adex Numbers have not
Slide 12: Share of Chinese Newspapers Advertising Expenditure in Malaysia
Share Of Chinese Newspapers Advertising Expenditure In Malaysia For Apr to Sep 2015 NEWSPAPERS ADEX Others - West Malaysia ENG Npps 2.5% 41.8% CHN Npps 26.9% Others - East MCIL Group Malaysia 19.8% 4.6% Tamil Npps 0.5% BM Npps 30.8% Adex for Total Newspapers : RM 2,119 million Chinese Newspapers in
Slide 13: Adex for Apr to Sep 2015 in Hong Kong
Adex for Apr to Sep 2015 in Hong Kong Adex (Apr to Sep 2015) Total Adex (HKD) Newspapers : 17,856m Magazines : 5,865m - 3.6% Interactive 14% Others TV : 17,390m 12% Radio TV Radio : 2,041m 3% 30% Interactive : 8,028m +5.3% Magazines Others : 7,003m 10% NPPS 31% Newspapers : +0.4% Magazines : -14.2%
Slide 14: (2) Performance Review – Financial Performance
Agenda (2) Performance Review • Financial Performance 13
Slide 15: Group Results Summary (unaudited)
Group Results Summary (unaudited) For the period ended 30 September (US$ million) 2015 2014 % Variance Turnover 197.3 237.1 -16.8% Profit before income tax 23.6 26.3 -10.3% Profit attributable to owners of the 16.5 18.3 -10.2% Company EBITDA 30.5 34.7 -12.3% EBITDA margin (%) 15.5% 14.6% +0.9% Net m
Slide 16: Segment Results (unaudited)
Segment Results (unaudited) Turnover (US$ million) For the period ended 30 September 2015 2014 % Variance Malaysia & other SEA countries 98.0 132.2 -25.9% Hong Kong, PRC & North America 40.9 46.5 -12.2% Travel and travel related services 58.4 58.4 +0.1% Total Turnover 197.3 237.1 -16.8% PBT (US$ mil
Slide 17: Financial Position (unaudited)
Financial Position (unaudited) (US$ million) As at As At % Variance 30 Sept 2015 30 Sept 2014 Total assets 372.7 470.1 -20.7% Net assets 199.1 230.6 -13.7% Cash and cash equivalents 125.6 108.8 +15.4% Owners’ equity 193.0 223.6 -13.7% Net assets per share (US cents) 11.44 13.25 -13.7% Net gearing ra
Slide 18: Dividends (exclude special dividend)
Dividends (exclude special dividend) As at As At 30 Sept 2015 30 Sept 2014 PATMI (US$ million) 16.5 18.3 Dividend per share (US cents) 0.500 0.430 Dividend pay-out ratio (as a % of PATMI) 51% 40% Share price as at 24 Nov 2015 / 12 Nov 2014 RM0.605 RM0.855 Dividend yield as at 24 Nov 2015 / 12 Nov 20
Slide 19: (2) Performance Review – Financial Performance (excluding currency impact)
Agenda (2) Performance Review • Financial Performance (excluding currency impact) 18
Slide 20: Group Results Summary (unaudited)
Group Results Summary (unaudited) Excluding YTD YTD currency US$‘million +/(-) +/(-) FY2015/16 FY2014/15 impact +/(-) Revenues 197.3 237.1 (39.9) -17% -7% Expenses (177.7) (216.3) 38.6 +18% +9% PBT 23.6 26.3 (2.7) -10% +6% EBITDA 30.5 34.7 (4.3) -12% +3% EPS (US cents) 0.98 1.09 (0.11) -10% +7% 19
Slide 21: Segment Profit Before Tax (unaudited)
Segment Profit Before Tax (unaudited) Excluding YTD YTD currency US$‘million +/(-) +/(-) FY2015/16 FY2014/15 impact +/(-) Publishing & printing - Malaysia 21.1 24.7 (3.6) -15% +3% - HK & PRC 0.3 2.1 (1.7) -84% -84% - North America (0.8) (0.2) (0.6) -291% -344% Publishing & printing 20.7 26.6 (5.9) -
Slide 22: (3) Strategic Update
Agenda (3) Strategic Update 21
Slide 23: Strategic Update – Malaysia: Strengthening digital media platforms
Strategic Update – Malaysia Strengthening digital media platforms (1) E-papers • Collaborated with The Star to jointly promote Sin Chew–Star e- paper package. • Partner with Telco and key retailers including Sen Heng, KK Supermart, 99 Speed Mart, Popular Book Store and Celcom (Sarawak) for a compreh
Slide 24: Strategic Update – Malaysia: Pocketimes online video portal
Strategic Update – Malaysia (cont’d) Strengthening digital media platforms (cont’d) (2) Pocketimes online video portal • Providing short video clips of breaking news, business & sports, etc, through multiple digital channels including web and mobile app. • Expanding more video content covering enter
Slide 25: Strategic Update – Malaysia: Web portals
Strategic Update – Malaysia (cont’d) Strengthening digital media platforms (cont’d) (3) Web portals • Enhancing user experience and expanding mobile reach. • Marked significant growth in total traffic for all websites in Malaysia: • About 7 million unique visitors • About 57 million pageviews • Abou
Slide 26: Strategic Update – Malaysia: Growing e-commerce platform
Strategic Update – Malaysia (cont’d) Growing e-commerce platform (4) LogOn e-marketplace • Achieved recruitment of 1,000 merchants. • Relocated to LogOn Square, with regular staff training and development for expansion and growth. • Aggressive marketing by giving out cash discount vouchers both onli
Slide 27: Strategic Update – Malaysia: Diversifying to non-media business
Strategic Update – Malaysia (cont’d) Diversifying to non-media business (5) On-going investment opportunities to include: • education • properties development • others – Big Data marketing, etc. 26
Slide 28: Strategic Update – Hong Kong: Education Publications
Strategic Update – Hong Kong 1) Education Publications “Life & Society” printed and e-textbooks for junior secondary schools “Liberal Studies” printed textbooks for senior secondary schools Life Planning --- to provide latest information on education and employment to students 27
Slide 29: Strategic Update – Hong Kong: Digital Performance (Ming Pao Daily News)
Strategic Update – Hong Kong (cont’d) 2) Digital Performance (Ming Pao Daily News) Online readership (2014 vs 2013) +150% (Source: Nielsen Media Index 2014 Year-end Report) Facebook page for mingpao.com instant news (Oct 2015) reached 224,403 fans (Source: Socialbakers) 2nd most liked facebook page
Slide 30: Strategic Update – Hong Kong: Digital Performance (Ming Pao Daily News)
Strategic Update – Hong Kong (cont’d) 2) Digital Performance (Ming Pao Daily News) Quarterly pageview (July - Sept 2015 vs July - Sept 2014) +50% for mingpaonews.com +60% for the newly revamp OL site (www.ol.mingpao.com) (Source: Google Analytics) Digital income growth (July - Sept 2015 vs July - Se
Slide 31: (4) Outlook
res Agenda (4) Outlook 30
Slide 32: Outlook Statement
Outlook Statement With the outlook for global economic activities remaining uncertain and the continued volatility in the currency market, we foresee another challenging half- year ahead for FY 2015/16. The publishing and printing segment will continue to face revenue pressure from a cautious advert
Slide 33: Thank you
bes Thank you
Slide 34: Forward Looking Statements
Forward Looking 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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