financial results quarter 4 2019 · bloomberg ticker sdh mk sector trading/ services share price rm...
TRANSCRIPT
2
Bursa Code SERBADK/ 5279 (Main Market)
Bloomberg Ticker SDH MK
Sector Trading/ Services
Share Price RM 1.84
52 Week High/ Low RM 2.52/ 1.02
Market Capital RM 6.24 billion
Share Capital 3.39 billion
FYE 31 December
Outperform the FBMKLCI by
145.05%
3
FBMKLCI: -9.35%
SERBADK: 135.70%
5
6
Customised software
development
Mobile application
solutions
Innovation Hub &
Smart City
Certification
programmes
Tertiary
Learning
Research and
Development
Site Maintenance •
•
Workshop
Maintenance
•
•
Manufacturing of
parts & components
•
•
•
•
•
Current
Business
Model
Asset Ownership Model
Exploring and
moving
towards a new
model
Innovation Hub & Smart City
Acquisition of Offshore Fabrication Yard /
Facilities
7
8
••
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
* CSE Global operational location
** Through associate companies
Oil & Gas Others Chemicals Water & Utilities Power Plants
Malaysia
Middle East
Central & SouthAsia
South East Asia
Africa
Europe
O&M
EPCC
ICT
9
0
5 0 0
1 , 0 0 0
1 , 5 0 0
2 , 0 0 0
2 , 5 0 0
3 , 0 0 0
3 , 5 0 0
4 , 0 0 0
4 , 5 0 0
5 , 0 0 0
* Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years 10
BIEH: Uprunning in 2Q20
PeiP: Progressing & completion in 4Q20
125
233
374 347
509
0
1 0 0
2 0 0
3 0 0
4 0 0
5 0 0
6 0 0
7 0 0
* Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years 11
•
•
NEPAL MALDIVES UAE
▪
▪
▪
▪
▪
12
•
0 0 3 60
2 0
4 0
6 0
8 0
1 0 0
1 2 0
1 4 0
* Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years 13
•
INDONESIA QATAR INDIAUNITED
STATESCHINA
•
•
•
•
•
•
•
•
•
•
•
•
•
•
14
International Certification Body Training & Certification Centre Tertiary Education
* Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years
** Others comprise of ICT & E&T for FY15-19
90.9 89.0 86.1 89.2 86.0 87.2 86.8
8.9 10.7 13.7 10.611.2 11.3 11.0
0.2 0.2 0.2 0.2 2.81.4 2.2
0.02 0.03
0%
20 %
40 %
60 %
80 %
10 0%
FY15* FY16* FY17 FY18 FY19 1Q19 1Q20
O&M EPCC Others** ICT E&T
16
54.5% 25.6% 20.6%
* Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years
Breakdown (%) FY15 FY16 FY17 FY18 FY19 1Q19 1Q20
40.7 43.735.6
30.2 32.536.6 32.8
47.251.4
59.061.5 60.3
59.162.0
11.94.8 5.2 7.3 4.8
4.2 3.30.9 2.3
0.2 1.90.2 0.1 0.2 0.1 0.1 0.03 0.02
SEA ME Central & South Asia Tanzania UK
17
213
356449
579
870
179244
15.216.4 16.5 17.6
19.2 18.2 19.1
-3 .5
1.5
6.5
11 .5
16 .5
21 .5
0
20 0
40 0
60 0
80 0
10 00
12 00
EBITDA (RM mil) EBITDA Margin (%）
157246
305393
498
112 134
11.2 11.3 11.2 12.0 11.0 11.4 10.5
-3 0.0
-2 5.0
-2 0.0
-1 5.0
-1 0.0
-5 .0
0.0
5.0
10 .0
15 .0
0
20 0
40 0
60 0
80 0
10 00
12 00
PAT (RM mil) PAT Margin (%）
* Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years
32.9 30.1
22.018.8 20.4 21.1
12.4 12.4 11.99.0 7.8 7.6
0.0
5.0
10 .0
15 .0
20 .0
25 .0
30 .0
35 .0
ROE (%) ROA (%)
18
233
374484
582
811
178 229
16.617.2
17.8 17.7 17.9 18.1 17.9
10 .0
11 .0
12 .0
13 .0
14 .0
15 .0
16 .0
17 .0
18 .0
19 .0
0
20 0
40 0
60 0
80 0
10 00
12 00
FY15* FY16* FY17 FY18 FY19 1Q19 1Q20
GP (RM mil) GP Margin (%）
* Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years
^ Annualised 19
Notes:
(1) Computed based on average trade receivables divided by revenue for the respective financial years multiplied by 365 days.
(2) Computed based on average trade payables divided by cost of operations for the respective financial years multiplied by 365 days.
* Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years 20
90.7% 95.7% 96.7% 97.2% 92.6% 89.2%
9.2% 1.8% 0.0% 0.3% 2.4% 4.5%
0.1% 2.0% 1.7% 0.7% 1.7% 2.6%
0.0% 0.5% 1.5% 1.8% 3.3% 3.7%
FY15* FY16* FY17 FY18 FY19 1Q20
Chart Title
Not past due Past due between 0-30 days Past due between 31-120 days Past due >120 days
114409
768
544
4
5
337
Term loans Finance lease liabilities Sukuk Facilities Others
Finance lease liabilities
Bank overdrafts
Revolving credit facilities
Term facilities
Sukuk facilities
21
Serba maintains a healthy liquidity and debt profile, coupled with access to multiple financing
platforms
◼
◼
◼
◼
Established long term banking relationships
Length of relationship (years)
Source: Company information as of 31 December 2019.
(1) Based on available facilities as of 31 December 2019.
Debt maturity scheduleBreakdown of financings / borrowings
◼
◼
◼
◼
22
0.0
5.0
10.0
15.0
20.0
25.0
30.0
35.0
23* Lower DPS yet higher payout amount as share base enlarged from 1,468,500,000 to 3,083,849,878 through share split & bonus issue exercise in 2019
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•