- 2013年第二季录得净营业收入6,140万美元 -
- 2013年第二季按“国际财务报告准则”计算每股盈利0.46美元,未按“国际财务报告准则”计算每股盈利0.32美元 -
- 公司提供2013年下半年业绩指引 -
纽约2013年8月15日電 /美通社/ -- 环球资源Global Sources Ltd. (NASDAQ: GSOL) 公布截至2013年6月30日的第二季度业绩报告。
环球资源执行董事长韩礼士 (Merle A. Hinrich) 先生表示:“2013年第二季度,环球资源的展览会业务表现理想。然而,海外市场对出口产品需求疲弱及仍不明朗的全球经济环境继续对公司的整体业绩有所影响。环球资源稳健的财务状况为公司奠定了坚实的基础,让我们可以继续专注于提升公司的产品和服务,并进一步稳固环球资源在市场中的定位,进而保持公司的长远发展及盈利状况。”
业绩要览:2013年第二季与 2012年第二季之年度比较分析
业绩要览:依据“国际财务报告准则”计算,截至2013年6月30日的上半年与2012年上半年之年度比较分析
环球资源首席财务官赖秀琴女士表示:“多个因素对公司2013年第二季的财务表现构成影响:首先,在美国迈阿密举办的‘环球资源展’由去年在第三季改为今年在第二季举行。此外,公司录得一笔约250万美元,与‘中国 (深圳) 国际品牌服装服饰交易会’相关的商誉减值费用。另一方面,我们在第二季度中完成出售公司位于中国深圳的其中一个物业,有关交易使公司持有的现金增加1,520万美元,在扣除相关的交易及税务费用后则为公司带来共870万美元的资本收益。因此,在截至2013年的第二季末,环球资源持有的现金及证券总值为1亿3,510万美元,相对于2012年6月底,公司持有的现金及证券总值则为1亿600万美元,同时我们没有任何债务。”
依据“国际财务报告准则”计算的2013年下半年财务展望
赖女士总结道:“我们预计公司在2013年下半年的营收比例将为网站业务占40%至41%,展览会业务占50%至51%,杂志业务占5%至6%,其它业务则约占3%。而2012年下半年公司营收比例为网站业务约占46%,展览会业务占44%,杂志业务占7%及其它业务占3%。”
近期企业要览
环球资源2013年第二季度投资者电话会议
环球资源执行董事长韩礼士先生及首席财务官赖秀琴女士将于美国东部时间2013年8月15日上午8时 (香港时间2013年8月15日晚上8时) 主持投资者电话会议,旨在回顾公司2013年第二季度的业绩。美国投资者如欲参与本次电话会议,请拨打 (877) 941-2068;香港以外的国际投资者可拨打 (1-480) 629-9712。香港投资者则可拨打本地电话号码 (852) 3009-5027,并向接线生提供本次电话会议的编号 4630876,同时请提早 10分钟拨打上述电话号码,以确保在会议开始时所有参与者都已联机。有关的电话会议也将于环球资源企业网站作网上现场直播,详情请浏览 http://www.investor.globalsources.com。
本次电话会议的网上广播将于环球资源企业网站转载至少30天,以供未能参与本次电话会议者收听。有兴趣人士也可由电话会议进行当日至 2013年8月23日期间收听本次电话会议之回放。如欲收听有关电话会议回放,请拨打 (800) 406-7325,或美国以外地区请拨打 (1-303) 590-3030,并输入密码 4630876。香港投资者则可拨打本地电话号码 (852) 3056-2777,并输入密码 4630876。
环球资源
环球资源是一家领先业界的多渠道 B2B 媒体公司,致力于促进大中华地区的对外贸易。
公司的核心业务是通过一系列英文媒体,包括环球资源网站 (GlobalSources.com)、印刷及电子杂志、采购资讯报告、“买家专场采购会”及贸易展览会,促进亚洲各国的出口贸易。
超过100万名国际买家、当中包括95家来自全球百强零售商,使用环球资源提供的服务了解供应商及产品的资料,帮助他们在复杂的供应市场进行高效采购。另一方面,供应商借助环球资源提供的整合出口推广服务,提升公司形象、获得销售查询,赢得来自逾240个国家及地区的买家订单。
环球资源也通过一系列中文媒体协助海内外企业在大中华地区行销,当中包括网站、印刷及电子杂志、研讨会及贸易展览会。环球资源在中国设有超过30个办事机构,公司的中文媒体拥有逾400万名网上注册用户及杂志读者。
环球资源于2000年在美国纳斯达克股票市场公开上市,如今已经成功迈向第5个十年。
环球资源未按“国际财务报告准则”计算方法
环球资源管理层认为未按“国际财务报告准则”(Non-IFRS) 计算方法是有效反映营运状况的计算方法,因此于本新闻稿末部提供按“国际财务报告准则”(IFRS) 计算及未按“国际财务报告准则”计算的对帐表。
环球资源将过往及将来未按“国际财务报告准则”计算的净收入 (non-IFRS net income) 定义为:按“国际财务报告准则”计算的净收入扣除非现金股票费用、与公司数个股权补偿计划相关的无形资产摊销费用、公司任何购并及投资所得的收益或亏损及相关的交易及税务费用,及 /或公司所有减损支出。而未按“国际财务报告准则”计算的每股盈利 (Non-IFRS EPS) 的定义为:未按“国际财务报告准则”计算的净收入除以已发行普通股的摊薄加权平均股数。经调整EBITDA则是指扣除利息、税项、折旧、摊销、股票补偿费用、商誉及无形资产减值、任何购并及投资所得的收益或亏损及相关的交易及税务费用前的盈利。
前瞻性陈述
本新闻稿中的前瞻性声明是根据经修订的证券法 (1933年) 第27-A条及经修订的证券交易所法 (1934年) 第21-E条而作出的。由于公司业务、宏观经济情况及作出上述声明的假设或会发生变化,可能使公司实际业绩与此前瞻性声明有所出入。
(财务报告详见附页)
GLOBAL SOURCES LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In U.S. Dollars Thousands, Except Number of Shares and Per Share Data) As at June 30, As at December 31, -------------- ------------------ 2013 2012 -------------- ------------------ (Unaudited) ASSETS Current assets Cash and cash equivalents $ 124,517 $ 104,631 Term deposits with banks 3,099 4,184 Financial assets, available-for-sale 7,474 7,472 Accounts receivables 3,321 4,242 Receivables from sales representatives 8,843 7,773 Inventories 388 410 Prepaid expenses and other current assets 14,926 18,396 -------------- ------------------ 162,568 147,108 -------------- ------------------ Non-current assets Property and equipment 49,762 30,442 Investment properties 89,651 97,377 Intangible assets 29,216 33,136 Long term investment 100 100 Deferred income tax assets 205 244 Other non-current assets 6,353 2,762 -------------- ------------------ 175,287 164,061 -------------- ------------------ Total assets $ 337,855 $ 311,169 -------------- ------------------ LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable $ 9,144 $ 12,531 Deferred income and customer prepayments 92,400 84,540 Accrued liabilities 19,952 20,409 Income tax liabilities 1,089 1,225 -------------- ------------------ 122,585 118,705 -------------- ------------------ Non-current liabilities Deferred income and customer prepayments 7,716 9,062 Deferred income tax liabilities 5,842 6,090 -------------- ------------------ 13,558 15,152 -------------- ------------------ Total liabilities 136,143 133,857 -------------- ------------------ Equity attributable to Company's shareholders Common shares 524 521 Treasury shares (150,089) (150,089) Other reserves 159,187 156,629 Retained earnings 181,254 158,859 -------------- ------------------ Total Company shareholders' equity 190,876 165,920 Non-controlling interests 10,836 11,392 -------------- ------------------ Total equity $ 201,712 $ 177,312 -------------- ------------------ Total liabilities and equity $ 337,855 $ 311,169 -------------- ------------------ GLOBAL SOURCES LTD. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS (In U.S. Dollars Thousands, Except Number of Shares and Per Share Data) Three months ended Six months ended June 30, June 30, ------------------------- ------------------------ 2013 2012 2013 2012 ----------- ----------- ----------- ----------- (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue: Online and other media services (Note 1) $ 26,217 $ 34,410 $ 54,176 $ 69,633 Exhibitions 33,274 30,507 34,775 32,724 Miscellaneous 1,948 1,861 3,740 3,338 ----------- ----------- ----------- ----------- 61,439 66,778 92,691 105,695 ----------- ----------- ----------- ----------- Operating Expenses: Sales (Note 2) 19,272 23,532 30,265 38,566 Event production 10,254 9,660 10,650 9,986 Community and content (Note 2) 7,547 8,968 13,732 15,896 General and administrative (Note 2) 13,364 11,404 23,156 21,578 Information and technology (Note 2) 3,161 3,248 6,475 6,639 ----------- ----------- ----------- ----------- Total Operating Expenses 53,598 56,812 84,278 92,665 ----------- ----------- ----------- ----------- Profit on sale of property 10,953 - 15,410 - ----------- ----------- ----------- ----------- Profit from Operations 18,794 9,966 23,823 13,030 ----------- ----------- ----------- ----------- Interest income 347 246 621 432 Share of loss of associate - (10) - (24) Impairment loss on investment in associate - (302) - (302) ----------- ----------- ----------- ----------- Profit before Income Taxes 19,141 9,900 24,444 13,136 Income tax expense (2,643) (373) (2,669) (536) ----------- ----------- ----------- ----------- Net Profit $ 16,498 $ 9,527 $ 21,775 $ 12,600 ----------- ----------- ----------- ----------- Net profit attributable to non-controlling interests 276 192 620 224 ----------- ----------- ----------- ----------- Net profit attributable to the Company's shareholders $ 16,774 $ 9,719 $ 22,395 $ 12,824 =========== =========== =========== =========== Diluted net profit per share attributable to the Company's shareholders $ 0.46 $ 0.27 $ 0.62 $ 0.36 =========== =========== =========== =========== Shares used in diluted net profit per share calculations 36,200,567 35,853,512 36,048,346 35,716,189 =========== =========== =========== =========== Note: 1. Online and other media services consists of: Three months ended Six months ended June 30, June 30, ------------------------- ------------------------ 2013 2012 2013 2012 ----------- ----------- ----------- ----------- (Unaudited) (Unaudited) (Unaudited) (Unaudited) Online services $ 22,689 $ 30,045 $ 47,664 $ 60,922 Print services 3,528 4,365 6,512 8,711 ----------- ----------- ----------- ----------- $ 26,217 $ 34,410 $ 54,176 $ 69,633 ----------- ----------- ----------- ----------- Note: 2. Non-cash compensation expenses associated with the several equity compensation plans and Global Sources Directors Share Grant Award Plan included under various categories of expenses are as follows: Three months ended Six months ended June 30, June 30, ------------------------- ------------------------ 2013 2012 2013 2012 ----------- ----------- ----------- ----------- (Unaudited) (Unaudited) (Unaudited) (Unaudited) Sales $ 159 $ 175 $ 227 $ 237 Community and content 25 51 (16) 16 General and administrative 374 470 603 735 Information and technology 54 64 139 136 ----------- ----------- ----------- ----------- $ 612 $ 760 $ 953 $ 1,124 ----------- ----------- ----------- ----------- GLOBAL SOURCES LTD. AND SUBSIDIARIES ACTUAL IFRS to NON-IFRS RECONCILIATION (In U.S. Dollars Thousands, Except Number of Shares and Per Share Data) Three months ended Six months ended June 30, June 30, 2013 2012 2013 2012 ----------- ----------- ----------- ----------- IFRS EPS $ 0.46 $ 0.27 $ 0.62 $ 0.36 =========== =========== =========== =========== IFRS Net Profit $ 16,774 $ 9,719 $ 22,395 $ 12,824 Non-cash stock based compensation expense (Note 1) 612 760 953 1,124 Amortization of intangibles (Note 2) 172 192 426 383 Impairment loss on investment in associate - 302 - 302 Impairment of goodwill and intangibles 2,531 - 2,531 - Profit on sale of property, net of transaction costs & related tax expenses (8,667) - (13,124) - ----------- ----------- ----------- ----------- Non-IFRS Net Profit $ 11,422 $ 10,973 $ 13,181 $ 14,633 =========== =========== =========== =========== Non-IFRS diluted net profit per share $ 0.32 $ 0.31 $ 0.37 $ 0.41 =========== =========== =========== =========== Total shares used in non-IFRS diluted net profit per share calculations 36,200,567 35,853,512 36,048,346 35,716,189 =========== =========== =========== =========== Notes: (1) Actual SBC is calculated based on actual share price on date of the awards. (2) Amortization of intangible assets relating to certain non-compete agreements. GLOBAL SOURCES LTD. AND SUBSIDIARIES ADJUSTED EBITDA RECONCILIATION (In U.S. Dollars Thousands) Three months ended Six months ended June 30, June 30, ------------------------- ------------------------ 2013 2012 2013 2012 ----------- ----------- ----------- ----------- IFRS profit from operations $ 18,794 $ 9,966 $ 23,823 $ 13,030 Depreciation and amortization 2,179 2,089 4,449 4,053 ----------- ----------- ----------- ----------- EBITDA 20,973 12,055 28,272 17,083 Non-cash stock based compensation expense 612 760 953 1,124 Impairment of goodwill and intangibles 2,531 - 2,531 - Profit on sale of property, net of transaction costs (10,953) - (15,410) - ----------- ----------- ----------- ----------- Adjusted EBITDA $ 13,163 $ 12,815 $ 16,346 $ 18,207 =========== =========== =========== =========== GLOBAL SOURCES LTD. AND SUBSIDIARIES GUIDANCE IFRS to NON-IFRS RECONCILIATION (In U.S. Dollars Million, Except Number of Shares and Per Share Data) GUIDANCE ACTUAL -------------------- ------------------ Six months Six months ended December 31, ended December 31, -------------------- ------------------ 2013 2012 -------------------- ------------------ Revenue $101.0 to $103.0 $126.0 IFRS EPS $0.32 to $0.36 $0.54 Non-cash stock based compensation expense (Note 1) $0.03 $0.03 $0.04 Amortization of intangibles (Note 2) $0.01 $0.01 $0.01 Impairment of goodwill and intangibles - - $0.04 ------------ ------------ ------------------ Non-IFRS diluted net income per share $0.36 to $0.40 $0.63 ============ ============ ================== Total shares used in non-IFRS diluted net income per share calculations 36,205,000 36,205,000 35,821,061 ============ ============ ================== Notes: (1) Actual SBC is calculated based on actual share price on date of the awards. (2) Amortization of intangible assets relating to certain non-compete agreements.
有关财务矩阵图,请浏览:
http://www.prnasia.com/sa/attachment/2013/08/2013081509452152570.pdf
如需查询,请联络:
传媒联络: | |
亚洲地区 | 中国地区 |
环球资源Global Sources | 环球资源Global Sources |
苏慧雯 | 纪宾宾 |
电话:(852) 2555 5040 | 电话:(86-10) 5927 1582 |
电子邮件:cso@globalsources.com | 电子邮件:sji@globalsources.com |
投资者联络: | |
亚洲地区 | 美国 |
环球资源Global Sources | LHA |
赖秀琴 | Cathy Mattison |
电话:(852) 2555 4747 | 电话:(1-415) 433 3777 |
电子邮件:investor@globalsources.com | 电子邮件:cmattison@lhai.com |