- 2014年第一季录得净营业收入3,450万美元 -
- 公司重申2014年上半年净营业收入指引 -
纽约2014年5月15日电 /美通社/ -- 环球资源Global Sources Ltd. (NASDAQ: GSOL) 公布截至2014年3月31日的第一季度业绩报告。
环球资源执行董事长韩礼士 (Merle A. Hinrich) 先生表示:“公司在2014年第一季的净营业收入较2013年第一季上升了10%。今年首季举办的‘深圳国际机械制造工业展览会’在各方面均取得极佳的成绩,并为公司2014年第一季的业绩带来了可观的贡献。此外,公司在4月份于香港举办了一系列‘环球资源展’,当中包括亚洲较大规模的消费类电子采购展。”
韩先生继续表示:“尽管目前全球零售市场环境仍然低迷,但环球资源依然继续努力改善公司的整体营收表现。我们对公司的网站业务所作出的调整令其营收状况得以改善;与此同时,我们也计划推出数个全新的展览会。此外,环球资源将不断致力整合公司所提供的服务,并始终相信结合网站及展览会优势的出口推广方案将为我们的客户带来更为独特且更高价值的服务。”
业绩要览:2014年第一季与2013年第一季之年度比较分析
环球资源首席财务官赖秀琴女士表示:“公司在2014年第一季的业绩反映了在3月份举办的‘深圳国际机械制造工业展览会’所带来的业绩贡献,以及IIC-China由2013年在第一季改为今年在第三季举行的影响。环球资源将继续致力维持稳健的财务状况,我们同时没有任何短期或长期的债务。”
依据“国际财务报告准则”计算的2014年上半年财务展望
近期企业要览
环球资源2014年第一季度业绩投资者电话会议
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2014年5月15日上午8时 (香港时间2014年5月15日晚上8时) 主持投资者电话会议,旨在回顾公司2014年第一季度的业绩。美国投资者如欲参与本次电话会议,请拨打 (877) 941-1427;香港以外的国际投资者可拨打 (1-480) 629-9664。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4680009,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2014年5月22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 4680009。香港投资者则可拨打本地电话号码 (852) 3056-2777,并输入密码 4680009。
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 /或公司所有扣除相关税务费用的减值支出。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 March 31, As at December 31, 2014 2013 ----------------- ----------------- (Unaudited) ASSETS Current assets Cash and cash equivalents $ 139,184 $ 137,359 Term deposits with banks 4,059 106 Financial assets, available-for-sale 1,359 6,367 Accounts receivables, net 2,715 3,122 Receivables from sales representatives 12,409 10,630 Inventories 224 266 Prepaid expenses and other current assets 24,120 18,544 ----------------- ----------------- 184,070 176,394 ----------------- ----------------- Non-current assets Property and equipment 63,229 49,701 Investment properties 87,045 89,615 Intangible assets 35,517 21,423 Long term investment 100 100 Deferred income tax assets 99 98 Other non-current assets 2,484 1,766 ----------------- ----------------- 188,474 162,703 ----------------- ----------------- Total assets $ 372,544 $ 339,097 ----------------- ----------------- LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Accounts payable $ 18,831 $ 8,779 Deferred income and customer prepayments 104,911 84,704 Accrued liabilities 18,816 19,166 Income tax liabilities 3,329 2,635 ----------------- ----------------- 145,887 115,284 ----------------- ----------------- Non-current liabilities Accounts payable 850 - Deferred income and customer prepayments 8,573 5,660 Deferred income tax liabilities 4,388 4,591 ----------------- ----------------- 13,811 10,251 ----------------- ----------------- Total liabilities 159,698 125,535 ----------------- ----------------- Equity attributable to Company's shareholders Common shares 528 525 Treasury shares (150,089) (150,089) Other reserves 159,666 161,950 Retained earnings 191,739 191,594 ----------------- ----------------- Total Company shareholders' equity 201,844 203,980 Non-controlling interests 11,002 9,582 ----------------- ----------------- Total equity $ 212,846 $ 213,562 ----------------- ----------------- Total liabilities and equity $ 372,544 $ 339,097 ----------------- ----------------- GLOBAL SOURCES LTD. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS (In U.S. Dollars Thousands, Except Number of Shares and Per Share Data) Three months ended March 31, ---------------------------------------- 2014 2013 ----------------- ----------------- (Unaudited) (Unaudited) Revenue Online and other media services (Note 1) $ 23,842 $ 27,959 Exhibitions 8,860 1,501 Miscellaneous 1,768 1,792 ----------------- ----------------- 34,470 31,252 ----------------- ----------------- Operating Expenses: Sales (Note 2) 9,046 10,993 Event production 1,804 396 Community and content (Note 2) 5,443 6,185 General and administrative (Note 2 & 3) 14,128 9,792 Information and technology (Note 2) 3,191 3,314 ----------------- ----------------- Total Operating Expenses 33,612 30,680 ----------------- ----------------- Profit on sale of property - 4,457 ----------------- ----------------- Profit from Operations 858 5,029 ----------------- ----------------- Interest income 417 274 Gain on sale of available-for-sale securities 10 - Interest expenses (47) - ----------------- ----------------- Profit before income taxes 1,238 5,303 Income tax expense (355) (26) ----------------- ----------------- Net profit $ 883 $ 5,277 ----------------- ----------------- Net (profit) / loss attributable to non-controlling interests (738) 344 ----------------- ----------------- Net profit attributable to the Company's shareholders $ 145 $ 5,621 ================= ================= Diluted net profit per share attributable to the Company's shareholders * $ 0.16 ================= ================= Shares used in diluted net profit per share calculations 36,174,507 35,914,192 ================= ================= * Basic and diluted net profit per share attributable to the Company's shareholders is less than $0.01 Note: 1. Online and other media services consists of: Three months ended March 31, ---------------------------------------- 2014 2013 ----------------- ----------------- (Unaudited) (Unaudited)
Online services $ 21,252 $ 24,975 Print services 2,590 2,984 ----------------- ----------------- $ 23,842 $ 27,959 ----------------- ----------------- 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 March 31, ---------------------------------------- 2014 2013 ----------------- ----------------- (Unaudited) (Unaudited) Sales $ 7 $ 68 Community and content (59) (41) General and administrative 183 229 Information and technology 70 85 ----------------- ----------------- $ 201 $ 341 ----------------- ----------------- Note: 3. General and administrative expenses consist of: Three months ended March 31, ---------------------------------------- 2014 2013 ----------------- ----------------- (Unaudited) (Unaudited)
General and administrative expenses before amortization of intangible assets and foreign exchange losses $ 9,026 $ 8,770 Amortization of intangible assets 3,461 776 Foreign exchange losses 1,641 246 ----------------- ----------------- $ 14,128 $ 9,792 ----------------- ----------------- 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 March 31, 2014 2013 --------------- ---------------- IFRS EPS $ - $ 0.16 =============== ================ IFRS Net Profit $ 145 $ 5,621 Non-cash stock based compensation expense (Note 1) 201 341 Amortization of intangibles (Note 2) 253 254 Profit on sale of property - (4,457) --------------- ---------------- Non-IFRS Net Profit $ 599 $ 1,759 =============== ================ Non-IFRS diluted net profit per share $ 0.02 $ 0.05 =============== ================ Total shares used in non-IFRS diluted net profit per share calculations 36,174,507 35,914,192 =============== ================ 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 March 31, 2014 2013 -------------- ------------- IFRS profit from operations $ 858 $ 5,029 Depreciation and amortization 4,846 2,270 -------------- ------------- EBITDA 5,704 7,299 Non-cash stock based compensation expense 201 341 Profit on sale of property - (4,457) -------------- ------------- Adjusted EBITDA $ 5,905 $ 3,183 ============== ============= 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 June 30, ended June 30, ------------------------- -------------- 2014 2013 ------------------------- -------------- Revenue $88.0 to $90.0 $92.7 IFRS EPS $0.14 to $0.18 $0.62 Non-cash stock based compensation expense (Note 1) $0.03 $0.03 $0.03 Amortization of intangibles (Note 2) $0.01 $0.01 $0.01 Impairment of goodwill and intangibles - - $0.07 Profit on sale of property, net of transaction costs & related tax expenses - - ($0.36) ---------- ---------- -------------- Non-IFRS diluted net income per share $0.18 to $0.22 $0.37 ========== =========== ============== Total shares used in non-IFRS diluted net income per share calculations 36,400,000 36,400,000 36,048,346 ========== =========== ============== 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://photos.prnasia.com/prnk/20140515/8521402759
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 |