Financial Performance
Financial Years Ended 31 December 2015, 2016, 2017, 2018 and the Financial Period Ended 30 September 2019
Financial Performance (including China Operation)| FY2015 | FY2016 | FY2017(2) | FY2018 | 9M2019 | |
|---|---|---|---|---|---|
| For the Year/Period (S$ Million) | |||||
| Net revenue | 41.53 | 40.69 | 49.45 | 59.62 | 48.24 |
| Profit before tax | 12.75 | 6.09 | 8.75 | 12.35 | 7.67 |
| Profit after tax | 12.10 | 5.33 | 7.49 | 10.69 | 6.35 |
| Net Profit attributable to owners of the Company | 12.10 | 5.45 | 7.70 | 10.91 | 6.51 |
| Net Revenue | |||||
| Recurring net revenue | 34.64 | 34.71 | 40.95 | 48.32 | 39.22 |
| Non-recurring net revenue | 6.89 | 5.98 | 8.50 | 11.30 | 9.02 |
| Total net revenue | 41.53 | 40.69 | 49.45 | 59.62 | 48.24 |
| Per Share | |||||
| Earnings per share (cents) | 4.65 | 2.08 | 2.92 | 4.10 | 2.43 |
| Dividend per share (cents) | 2.79 | 2.79 | 3.01 | 3.15 | 2.25 |
| Financial Ratios | |||||
| Profit before tax margin (based on net revenue) | 30.7% | 15.0% | 17.7% | 20.7% | 15.9% |
| Return on equity (per annum)(1) | 16.4% | 7.1% | 9.7% | 13.1% | 10.0% |
Financial Performance (excluding China Operation)
| FY2015 | FY2016 | FY2017(2) | FY2018 | 9M2019 | ||
|---|---|---|---|---|---|---|
| For the Year/Period (S$ Million) | ||||||
| Net revenue | 41.53 | 40.46 | 49.01 | 58.87 | 47.85 | |
| Profit before tax | 13.73 | 9.82 | 13.13 | 17.17 | 11.42 | |
| Profit after tax | 13.08 | 9.06 | 11.87 | 15.51 | 10.09 | |
| Net Profit attributable to owners of the Company | 13.08 | 9.06 | 11.87 | 15.51 |
|
|
| Net Revenue | ||||||
| Recurring net revenue | 34.64 | 34.54 | 40.73 | 47.96 | 38.96 | |
| Non-recurring net revenue | 6.89 | 5.92 | 8.28 | 10.91 | 8.89 | |
| Total net revenue | 41.53 | 40.46 | 49.01 | 58.87 | 47.85 | |
| Per Share | ||||||
| Earnings per share (cents) | 5.03 | 3.46 | 4.50 | 5.83 | 3.77 | |
| Financial Ratios | ||||||
| Profit before tax margin (based on net revenue) | 33.1% | 24.3% | 26.8% | 29.2% | 23.9% | |
| Return on equity (per annum)(1) | 17.7% | 11.8% | 15.0% | 18.6% | 15.5% |
| FY2015 | FY2016 | FY2017(2) | FY2018 | 9M2019(3) | |
|---|---|---|---|---|---|
| At Year/Period End (S$ Million) | |||||
| Non-current assets | 8.48 | 14.70 | 22.28 | 30.33 | 51.91 |
| Net current assets | 68.32 | 64.39 | 60.18 | 56.62 | 49.91 |
| Non-current liabilities | (0.24) | (0.50) | (1.21) | (1.60) | (13.46) |
| Net assets | 76.56 | 78.45 | 81.24 | 85.35 | 88.36 |
| Shareholders' equity | 76.56 | 78.45 | 81.24 | 85.56 | 88.74 |
| Net cash from operating activities | 14.18 | 5.63 | 13.22 | 17.62 | 16.81 |
Notes:
(1) Return on equity is calculated based on the average of the month-end shareholders' equity for the respective year or period.
(2) Restated as a result of adoption of SFRS(I)s with effect from 1 January 2018 for comparison purpose.
(3) Adoption of SFRS(I) 16 Leases with effect from 1 January 2019.