Sentoria Group Berhad Financial Highlights & Business Outlooks - PowerPoint PPT Presentation

Sentoria Group Berhad Financial Highlights & Business Outlooks May 30 th , 2016

Sentoria 2016 Foundation for growth ?

1.1 Group Financial Highlights 250.0 218.4 219.6 200.0 150.0 RM m 115.4 94.9 100.0 52.9 58.5 24.2% 26.6% 32.1 30.7 28.9 26.1 50.0 14.6% 26.6% 13.2% 14.5 12.5 27.5% 12.6% 13.2% 0.0 2014 2015 1H15 1H16 Revenue Ebitda PAT Note:- FYE @ 30th Sept., each year. 1.0: Financial Highlights

1.2 Group Quarterly Review Q2 Q1 1H Items FY16 FY15 % FY16 FY15 % FY16 FY15 % (RM Mil) a1 a2 a3 = (a1-a2)/a2 b1 b2 b3 = (b1-b2)/b2 c1 c2 c3 = (c1-c2)/c2 Revenue 47.93 51.42 -6.8% 47.01 64.02 -26.6% 94.94 115.44 -17.8% EBITDA 11.35 11.30 15.45 19.43 26.80 30.73 0.4% -20.5% -12.8% (%) (23.7%) (21.9%) (32.8%) (30.3%) (28.2%) (26.6%) PAT 4.04 3.27 8.41 11.24 12.45 14.51 23.5% -25.2% -14.2% (%) (8.4%) (6.4%) (17.9%) (17.6%) (13.1%) (12.6%) 1.0: Financial Highlights

1.3 Leisure & Hospitality Quarterly Review Q2 Q1 1H RM Mil FY16 FY15 % FY16 FY15 % FY16 FY15 % b3 = (b1- c3 = (c1- a1 a2 a3 = (a1-a2)/a2 b1 b2 c1 c2 b2)/b2 c2)/c2 Revenue 11.61 11.67 0.5% 18.68 19.67 -5.0% 30.29 31.34 -3.4% 1.20 -0.02 7.06 4.68 8.26 4.67 EBITDA +ve 50.9% 76.9% (10.3%) (-0.2%) (37.8%) (23.8%) (27.3%) (14.9%) -2.19 -2.99 3.82 0.93 1.63 -2.06 PAT 26.8% 310% 179.1% (-18.8%) (-25.6%) (20.4%) (4.7%) (5.4%) (-6.6%) 1.0: Financial Highlights

1.4 Property Development Quarterly Review Q2 Q1 1H RM Mil FY16 FY15 % FY16 FY15 % FY16 FY15 % a1 a2 a3 = (a1-a2)/a2 b1 b2 b3 = (b1-b2)/b2 c1 c2 c3 = (c1-c2)/c2 Revenue 36.32 39.75 -8.6% 28.34 44.35 -36.1% 64.66 84.10 -23.1% 10.15 11.31 8.39 14.75 18.54 26.06 EBITDA -10.2% -43.1% -28.9% (29.6%) (33.3%) (28.7%) (30.9%) (27.9%) (28.5%) 6.23 6.26 4.59 10.31 10.82 16.57 PAT -0.5% -55.5% -34.7% (16.2%) (23.2%) (16.7%) (19.7%) (17.2%) (15.7%) 1.0: Financial Highlights

1.5 Operating Cash Flow CURRENT YEAR PRECEDING YEAR TO DATE TO DATE 31/03/2016 31/03/2015 RM'000 RM'000 Operating Activities 16,746 20,274 Profit before taxation Adjustments for : 6,324 5,835 Amortisation and depreciation 3,725 3,380 Interest expenses - (161) Gain on disposal of property, plant and equipment (198) (295) Interest income 26,597 29,033 Operating profit before changes in working capital (53,078) - Land held for property development (26,738) (7,326) Property development costs (25) 47 Inventories 7,759 (20,500) Receivables (25,024) (925) Payables (70,509) 329 Cash (used in)/generated from operations (3,725) (3,380) Interest paid 198 295 Interest received (4,846) (4,536) Net tax paid (78,882) (7,292) Net cash used in operating activities

2.1 FY16 – FY18 Property Sales Target 500 450 450 400 350 350 300 RM m 250 250 200 149 150 100 50 0 Past 5 Years Avg FY16 FY17 FY18 Financial Year 2.0: Business Outlook

2.2 Sales Achievement @ April 2016 (RM Million) 300 278 250 D & B Contracts 110 200 150 53 Paid Bookings 250 100 115 SPA Signed 50 0 FY16 Target FY16 Actual (7 months) 2.0: Business Outlook

2.3 Regional Property Sales Performance (RM Million) FY16 (until Apr 30 th ) Total Prior Region Paid Total Signed FY16 ( C = a + b3 ) SPA Bookings ( a ) (b1) (b2) (b3) 27.07 1.12 28.19 1 – Kuantan 991.00 1,019.19 35.40 23.40 58.80 2 – Kuching 46.90 105.70 3 – Klang 55.37 28.77 84.14 37.70 121.84 Valley Total 1,075.60 117.84 53.29 171.13 1,246.73 2.0: Business Outlook

2.4 Kuantan Achievement 6000 5437 5000 2751/5437 4000 = 51% 2751 3000 930/2751 = 34% 2000 930 1000 0 Pahang Kuantan Sentoria Residential Properties Completion (2012 – 2015 Yearly Average) Source: Jab Statistik Negara 2.0: Business Outlook

2.5 Affordable Housing Track Record (i)- Completed Development (ii)- On-Going Development 111 44 186 1% 1% 12% 72 4% 1,361 7,021 84% 98% < $300K $300K - $500K > $500K 2.0: Business Outlook

2.6 Property Margin Track Record 180.0 164.5 159.2 160.0 143.0 140.0 124.0 120.0 100.0 RM m (39.9%) (39.0%) 80.0 (44.3%) (38.2%) 64.0 63.5 54.9 54.6 60.0 40.0 46.9 43.7 42.9 43.2 (29.5%) (34.6%) (30.2%) (26.6%) 20.0 0.0 2012 2013 2014 2015 REVENUE GROSS PROFIT (%GP/Rev) PBT (%PBT/Rev)

Bank Negara Malaysia Annual Report 2015

Questions & Answers

1. Completed Projects Avg. Selling Units Land Area GDV Price Project Name Location Dev. Type (acres) (RM Mill) (RM’000) (a) (b) (c) (d=c/a) 230 16.1 12.7 55.2 Taman Sentoria Kuantan S/S terrace, D/S shops i Tmn Indera Sempurna S/S terrace, semi-D & S/S 953 100.0 78.1 81.9 Kuantan ii 1 shops Tmn Indera Sempurna S/S terrace, semi-D & S/S 2,108 240.0 286.0 135.7 Kuantan iii 2 shops S/S terrace, semi-D & S/S 472 39 59.5 126.0 Tmn Bukit Rangin 1 Kuantan iv shops Single storey terrace, semi-D 1,321 115.3 196.2 148.4 Tmn Bukit Rangin 2 Kuantan v & Single storey shops Double storey terrace 135 3.1 19.5 144.4 Fasa Bunga Raya Pajam Vi houses 2 storey & 2 ½ Storey Semi- 31 4.0 18.2 587.1 Taman Salak MAju Salak Tinggi vii D & Bungalows Subtotal 5,250 517.2 670.2 127.7

2. BGRC’s Completed Projects Avg. Selling Units Land Area GDV Price Project Name Location Dev. Type (acres) (RM Mill) (RM’000) (a) (b) (c) (d=c/a) Bukit Gambang Resort City Studio, Family & Deluxe 578 15.0 87.7 151.7 Caribbean Bay Resort Gambang vi apartments S/S terrace, semi-D & D/S 892 100.0 102.5 114.9 Vii Desa Hijauan Gambang shops Studio, Family, Deluxe 546 12.0 90 164.8 Arabian Bay Resort Gambang aptmnts & Viii Corporate Center Resort Villa 114 14 68.2 598 ix Global Heritage Gambang (San Fran , Amsterdam & Venice) 498 33 69.49 140 Tmn Bkt Gambang Gambang S/S terrace x BGRC Subtotal 2,628 174 417.9 159 TOTAL COMPLETED PROJECTS 7,878 691.2 1,088.1 138.1 (BGRC & Others)

3. On-Going Projects - Kuantan Avg. Selling Land Area GDV Units Price Project Name Location Dev. Type (acres) (RM Mill) (a) (RM ‘000) (b) (c) (d=c/a) i Tmn Sempurna Shops Kuantan S/S Shops 29 2.5 6.8 234.5 Semi-D & S/S Shops ii PR1MA Housing Kuantan 628 79.2 80.0 127.4 (Turnkey contractor) iii Tmn Bukit Gambang 2A BGRC Single storey semi-D 112 15.0 28.6 235.3 BGRC iv Tmn Bukit Gambang 2B Single storey terrace 68 6.0 9.2 135.3 v East Coast Bazaar 1A BGRC 1 & 2 storey shops 90 12.0 43.4 482.2 TOTAL 927 114.7 168.0 181.2

4. On-Going Projects – Morib & Kuching Avg. Selling Land Area GDV Units Price Project Name Location Dev. Type (acres) (RM Mill) (a) (RM ‘000) (b) (c) (d=c/a) i Global Heritage - Riviera MBRC Twin Resort Villas 156 10.0 101 647.4 Studio & 2 Bedroom ii Ataria 420 5.9 98.8 235.2 Apartments iii SSTH1 67 14.4 215.0 15.5 iv Semi-D 72 26.3 365.3 BSRC BSG1 v SSTH2 104 22.5 216.3 15.3 Vi SSTH3 94 20.4 217.0 TOTAL 913 46.7 283.4 310.4

6.0: Catchment Population & Residential Completion 700 3000 25% Sentoria's market share: 723/2406 = 30% 600 618 50% 2500 (2,487) Districts Residential Completions (units) 2406 District Populations ('000) - 2010 Census 52% (4,848) 500 31% 23% 2113 2000 43% 462 (4,116) 457 1875 (1,500) (1,949) 400 (4,335) 1500 300 4% 1000 225 200 ( 5,502 ) 3% 5% 500 100 723 506 93 ( 18,242 ) ( 1,949 ) 41 2% 0 0 Kuantan/Pahang K.Muda/Kedah Kuching/Sarawak K.Langat/Selangor Langkawi/Kedah (Sg Petani) (Morib) District/State District Population Yearly Residential Completion

7.0: Focus Expansion & Future GDV 12.0 2000 1800 1800 9.8 10.0 1600 (5.5) 1400 8.0 1200 Acres RM b 6.0 1000 800 4.0 3.5 600 521 500 354 400 2.0 2.0 305 2.0 1.3 (4.0) 1.0 200 120 (9.9) (16.7) (2.6) (3.3 ) 0.0 0 Kuantan Sg Petani Kuching Morib Langkawi Total Location Land Bank GDV [( ) indicates GDV per acre in RM million]

B5- Bukit Rangin 3 – Property Types & Pricing TARGET TOTAL GDV (Estimated) Property Types SALE LAUNCHING UNIT STD PRICE RM TERRACE A- 20' X 60' 263 148,000.00 38,924,000 Jul-16 TERRACE B- 20' X 63' 262 158,000.00 41,396,000 TERRACE C- 20' X 65' 410 168,000.00 68,880,000 SINGLE STOREY SHOP 20' X 70' 20 198,000.00 3,960,000 Subtotal 955 - 153,160,000 *LOW COST 20' X 50' 132 60,000.00 7,920,000 TOTAL 1,087 - 161,080,000 Gross Development Cost 107,212,000 (70%) (Excluding Low Cost Units) Gross Profit 45,948,000 (30%) * Low Cost Units are to be handed over to State Gov’t as premium payment Morib- Rumah SelangorKu & Pricing Property Type Units Price Per Unit GDV GDC GP Rumah Selangor Ku 636 $220,000 RM140M RM97.6M RM42.4M Apartment