REDWOOD GROUP LTD 紅木集團有限公司

Stock Code：8426
REDWOOD GROUP LTD
紅木集團有限公司
www.redwoodgroup.co
Agenda
Company Profile Overview
Market & Industry Overview
Operational Performance
About Us
Date
of Establishment:
Company Name
Redwood Interior Pte Ltd
Redwood Furniture Sdn Bhd
Redwood Group Ltd
Redwood (Shanghai) Pte Ltd
Redwood Europe Ltd
Redwood (HK) Ltd
Redwood Projects Sdn Bhd
Chairman：Michael
General
Major
Date of Establishment
Singapore
July 1992
Malaysia
Feb 1999
Cayman Islands
August 2010
China
Nov 2011
United Kingdom
Feb 2012
Hong Kong
Feb 2012
Malaysia
Nov 2012
Soh
Manager：Peter Lee
Capital：NTD
Number
Country
46 Million Dollars
of Employees：1218 (As at 31 Dec 2013 )
Business：Contract manufacturer of high-quality
interior fittings for the world’s luxury brands(Boutique make up
artist for world’s top luxury brands)
Group Structure
Redwood Group Ltd
(Cayman)
Redwood Interior
Pte Ltd
(Singapore)
Redwood
Furniture
Sdn Bhd
(Malaysia)
Redwood
(Shanghai) Pte
Ltd
(China)
Redwood (HK)
Ltd
(Hong Kong)
Redwood Interior
Taiwan Branch
(Taiwan)
Redwood
Europe Ltd
(United Kingdom)
Redwood
Projects Sdn Bhd
(Malaysia)
Two Main Operations Base in
Malaysia & Singapore
Half hour driving time
from Singapore
Causeway Customs
Core Business
Interior Fittings
General Construction
Façade
Competency
Contract
Management
Project
Management
Drafting
Customized &
Dedicated
Project
Management
(Singapore)
Purchasing
Quality
Control
Modular
Manufacturing
(Malaysia)
Metal
Millworks
Solid
Surface
Veneer
PVD
Glass
Electrical
Fabric/
Leather
Painting/
Vanishing
Acrylic
Logistics
Competitive Advantages
Customized Project
Management
Modular Manufacturing
High Efficiency of
Project Completion
Factory Assembly
Transforming traditional craftsmanship to integrated modern production technology.
Our Clients
Bvlgari
Bally
Cartier
Chloe
Coach
Dior
Ermenegildo
Zegna
Gucci
Jimmy Choo
Hermes
Leica
Salvatore
Ferragamo
Loewe
Tiffany & Co.
Louis Vuitton
Michael Kors
Tory Burch
Yves Saint
Laurent
Geographic Distribution
Redwood serves its clients in 40 countries and regions worldwide.
Industry Overview
The worldwide personal luxury goods market is expected to
reach 245-260billion euros in 2016.
The CAGR of worldwide personal luxury goods market from Year 2013 to Year 2016 is 3-5%.
Luxury Goods Market
金融海嘯&
Subprime
Financial
Crisis
SARS
SARS
250
歐債危機
中國禁奢
SocioEconomic
&
Turbulence
日本地震
212
217
245-260
+10% +2%
+11%
+13%
200
CAGR
3-5%
2016F
911
2013E
300
2012
(Euro bn)
2003
2008
2002
1999
2001
1998
2000
1997
2007
192
173
166
153
170
129
147
133
136
134
109
129
97
84
77
93
100
160
150
50
Source: Altagamma, Bain & Company forecasts, Worldwide Luxury Markets Monitor, Oct 2013
2011
2010
2009
2006
2005
2004
1996
1995
0
Industry Overview
By 2014, Asian market is the key growth in the luxury goods
market.
100%
5%
5%
5%
5%
5%
17%
19%
20%
21%
27%
10%
9%
9%
8%
80%
8%
60%
30%
30%
31%
32%
27%
40%
20%
37%
37%
34%
34%
32%
2010
2011
2012
2013E
2014F
0%
ROW
Asia
Japan
Americas
Europe
Source: Altagamma, Bain & Company forecasts, Worldwide Luxury Markets Monitor, Oct 2013 & 7th May 2012 (compile)
Revenue ( Geographic Distrubution)
Unit: NTD Thousand Dollars
NTD 1,412,021
6%
22%
NTD 1,657,068
3% 1%
7%
NTD 1,918,128
1%
5%
5%
23%
2011
2012
52%
2013
36%
68%
Asia
71%
Americas
Europe
Middle East
RoW
China is the Major Growth Area in the Asia’s
Luxury Goods Market
(單位：新台幣仟元)
(Unit: NTD Thousand Dollars)
500,000
28.00%
440,594
450,000
24.00%
400,000
22.97%
20.00%
350,000
300,000
16.00%
250,000
153,564
200,000
9.26%
150,000
100,000
50,000
12.00%
8.00%
56,762
4.02%
4.00%
-
0.00%
2011
Total Revenue from China
2012
2013
Percentage Accounted for Redwood Revenue
Year 2013 Top 10 Most Value Luxury Brands &
Percentage Accounted for Redwood Revenue
30%
20%
10%
0%
Y2011
Source:
Y2012
Millward Brown Optimor’s 2013 (May) BrandZ study
Y2013
Operational Performance
Revenue from Y2012 is NTD 1,657,771 Thousand Dollars , 17.40% growth
compared to Y2011.
(Unit:NTD Thousand Dollars ; EPS in NTD Dollars)
Y2011
Y2012
YoY(%
)
Y2012
Q1-3
Y2012
Q1-3
(IFRS)
Y2013
Q1-3
(IFRS)
YoY(%)
Operating Income
1,412,021
1,657,771
17.40
1,133,499
1,213,258
1,282,971
5.75
Operating Margin
445,114
525,185
17.99
356,900
372,558
409,393
9.89
Gross Margin
31.52%
31.68%
-
31.49%
30.17%
31.90%
-
Net Profit
153,009
169,907
11.04
127,472
143,130
165,695
15.77
Net Profit Margin
10.84%
10.20%
-
11.25%
11.80%
12.91%
-
EPS
4.38 **
4.05 **
-
2.42
2.79
3.21
-
(**): Number of shares outstanding are 36,000 thousand shares and 42,000 thousand shares
for 31th December 2011 and 31th December 2012 respectively.
Thank You !

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