Fu Shou Yuan International Group Limited

2020 Annual Results

Disclaimer

These presentation materials have been prepared by Fu Shou Yuan International Group Limited (the "Group") and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presented or contained in these presentation materials. The Company will not accept any liability whatsoever for any loss howsoever arising from any information presented or contained in these presentation materials. The information presented or contained in these presentation materials is current as of the date hereof, unless indicated otherwise, and is subject to change without notice and its accuracy is not guaranteed. The Company does not provide any undertaking to update any such information subsequent to the date hereof.

These presentation materials contain certain "forward-looking statements". These forward-looking statements include but not limited to projections, targets, estimates and business plans that the Company expects or anticipates will or may occur in the future. Certain statements, such as those include the words or phrases "potential", "estimates", "expects", "anticipates", "objectives", "intends", "plans", "believes", "will", "may", "should", and similar expressions or variations on such expressions may be considered forward-looking statements. These forward-looking statements are made based on the operating conditions, strategies and other circumstances of the Company and are subject to known and unknown risks and uncertainties that may be general or specific. Readers should note that a variety of factors, many of which may be beyond the Company's control, affect the performance, growth trends and actual results of the Company. These factors include, but are not limited to, exchange rate fluctuations, market shares, peer competition, environmental risks, changes in social, political, legal, financial and regulatory frameworks, international economic and financial market conditions and other risks and factors beyond the control of the Company. Due to these factors, the future actual operating results of the Company may differ materially from these forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on any of the Company's forward-looking statements. The Company declares that, the Company and any associated companies, directors, officers, employees, consultants or representatives of the Company assume no obligation to update or revise any forward-looking statement that is contained in these presentation materials as a result of new information, future events or otherwise. None of the Company, or any of its associated companies, directors, officers, employees, consultants or representatives is making any representations concerning the future performance of the Company, or is responsible for any losses arising from reliance on the forward-looking statements contained in these presentation materials.

These presentation materials are for information purposes only and do not constitute or form part of an offer, solicitation or invitation of any offer to buy or subscribe for any securities of the Company, in any jurisdiction, nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract, commitment or investment decision whatsoever.

Results Overview

  • • Net profit attributable to owners of the Company amounted to approx. RMB 620 million, up 7.2% YoY

  • • Net profit margin increased 0.3pp YoY to 40.0%

  • • EBITDA margin reached 56.3%, up 2.1pp YoY

  • • Gearing ratio went down 0.9pp to 1.0%

  • • Net cash was approx. RMB 2.167 billion, providing strong financial support for the Company's strategic expansion

  • • M&A Projects: 3

  • • Multiple Funeral Projects and Completed Projects

  • • Multiple Ongoing Projects

  • • Customer centric, proactively optimized the business operations, product mix, sales channel, revenue contribution from different regions and financial structure to enhance the long-term value

  • • Basic EPS for 2020 is approx. RMB 27.4 cents

  • • Final dividend of 8.81 HK cents representing an increase of 4.6% YoY; Dividend payout ratio is approx. 29.2%

Business Performance

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Fu Shou Yuan International Group Ltd. published this content on 28 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 March 2021 14:29:04 UTC.