 |
紐約2016年3月17日電 /美通社/ -- 環(huán)球資源Global Sources Ltd. (NASDAQ: GSOL) 公布截至2015年12月31日的第四季度及全年業(yè)績報(bào)告。
環(huán)球資源執(zhí)行董事長韓禮士 (Merle A. Hinrich) 先生表示：“公司2015年第四季度的亮點(diǎn)是在香港成功舉辦的系列貿(mào)易展覽會，當(dāng)中包括‘環(huán)球資源電子展’- 全球規(guī)模較大的電子產(chǎn)品采購盛會。此外，環(huán)球資源于年內(nèi)進(jìn)一步整合網(wǎng)站及展覽會服務(wù)，更加專注于幫助全球買家從海量的網(wǎng)上產(chǎn)品信息中搜尋并甄別重要且具創(chuàng)意的新產(chǎn)品；主要的舉措包括于‘環(huán)球資源網(wǎng)站’推出‘分析師推薦’欄目，及于電子展設(shè)立的‘創(chuàng)客空間’展區(qū)和相關(guān)的研討會。展望未來，環(huán)球資源將憑藉整合網(wǎng)站及展覽會優(yōu)勢的獨(dú)有服務(wù)，繼續(xù)專注于公司核心業(yè)務(wù)的發(fā)展。”
業(yè)績要覽：2015年第四季與2014年第四季之年度比較分析
環(huán)球資源首席財(cái)務(wù)官賴秀琴女士表示：“在2015年第四季，公司完成了出售位于深圳的投資物業(yè)，在扣除相關(guān)的交易及稅務(wù)費(fèi)用后錄得760萬美元的凈利潤。環(huán)球資源在繼續(xù)進(jìn)一步提升公司效率的同時(shí)，亦致力為股東們創(chuàng)造利益、保持公司財(cái)務(wù)的穩(wěn)健、維持充裕的現(xiàn)金流及沒有任何的債務(wù)。”
韓先生表示：“環(huán)球資源于3月15日宣布，首席執(zhí)行官區(qū)乃光先生在服務(wù)公司39年后，將于2016年年底退休。在過去五年出任首席執(zhí)行官期間，區(qū)先生在公司進(jìn)一步整合網(wǎng)站及展覽會服務(wù)的發(fā)展進(jìn)程中作出了十分重要的貢獻(xiàn)。環(huán)球資源強(qiáng)大而經(jīng)驗(yàn)豐富的專業(yè)管理團(tuán)隊(duì)將把區(qū)先生的貢獻(xiàn)及所奠下的基礎(chǔ)繼續(xù)傳承下去。”
業(yè)績要覽：截至2015年12月31日全年與截至2014年12月31日全年之年度比較分析
依據(jù)“國際財(cái)務(wù)報(bào)告準(zhǔn)則”計(jì)算2016年上半年財(cái)務(wù)展望
近期企業(yè)要覽
環(huán)球資源2015年第四季度及全年業(yè)績投資者電話會議
環(huán)球資源執(zhí)行董事長韓禮士先生及首席財(cái)務(wù)官賴秀琴女士將于美國東部時(shí)間2016年3月17日上午8時(shí) (香港時(shí)間2016年3月17日晚上8時(shí)) 主持投資者電話會議，旨在回顧公司2015年第四季度及全年的業(yè)績。美國投資者如欲參與本次電話會議，請撥打 (877) 502-9276；香港以外的國際投資者可撥打 (1-913) 312-6993。香港投資者則可撥打本地電話號碼 (852) 3008-0382，并向接線生提供本次電話會議的編號9464808，同時(shí)請?zhí)嵩?0分鐘撥打上述電話號碼，以確保在會議開始時(shí)所有參與者均已聯(lián)機(jī)。有關(guān)的電話會議也將于環(huán)球資源企業(yè)網(wǎng)站作網(wǎng)上現(xiàn)場直播，詳情請瀏覽 http://www.investor.globalsources.com。
本次電話會議的網(wǎng)上廣播將于環(huán)球資源企業(yè)網(wǎng)站轉(zhuǎn)載至少30天，以供未能參與本次電話會議者收聽。有興趣人士也可由電話會議進(jìn)行當(dāng)日至2016年3月25日期間收聽本次電話會議之回放。如欲收聽有關(guān)電話會議回放，請撥打 (888) 203-1112，或美國以外地區(qū)請撥打 (1-719) 457-0820，并輸入密碼9464808。香港投資者則可撥打本地電話號碼 (800) 901-108，并輸入密碼9464808。
環(huán)球資源
環(huán)球資源是一家領(lǐng)先業(yè)界的多渠道B2B媒體公司，致力于促進(jìn)大中華地區(qū)的對外貿(mào)易。
公司的核心業(yè)務(wù)是通過一系列英文媒體，包括環(huán)球資源網(wǎng)站(GlobalSources.com)、貿(mào)易展覽會、雜志及手機(jī)應(yīng)用程序，促進(jìn)亞洲與全球各國的貿(mào)易往來。
超過100萬名國際買家、當(dāng)中包括95家來自全球百強(qiáng)零售商，使用環(huán)球資源提供的服務(wù)了解供應(yīng)商及產(chǎn)品的資料，幫助他們在復(fù)雜的供應(yīng)市場進(jìn)行高效采購。另一方面，供應(yīng)商借助環(huán)球資源提供的整合出口推廣服務(wù)，提升公司形象、獲得銷售查詢，贏得來自逾240個(gè)國家及地區(qū)的買家訂單。
環(huán)球資源于2000年在美國納斯達(dá)克股票市場公開上市，如今已經(jīng)成功邁向第5個(gè)十年。
環(huán)球資源未按“國際財(cái)務(wù)報(bào)告準(zhǔn)則”計(jì)算方法
環(huán)球資源管理層認(rèn)為未按“國際財(cái)務(wù)報(bào)告準(zhǔn)則”(Non-IFRS) 計(jì)算方法是有效反映營運(yùn)狀況的計(jì)算方法，因此于本新聞稿末部提供按“國際財(cái)務(wù)報(bào)告準(zhǔn)則”(IFRS) 計(jì)算及未按“國際財(cái)務(wù)報(bào)告準(zhǔn)則”計(jì)算的對帳表。
環(huán)球資源將過往及將來未按“國際財(cái)務(wù)報(bào)告準(zhǔn)則”計(jì)算的凈利潤 (non-IFRS net profit)定義為： “國際財(cái)務(wù)報(bào)告準(zhǔn)則”計(jì)算的凈利潤扣除非現(xiàn)金股票費(fèi)用或凈值、與公司數(shù)個(gè)股權(quán)補(bǔ)償計(jì)劃相關(guān)的無形資產(chǎn)攤銷費(fèi)用、公司任何購并或出售資產(chǎn)及投資，扣除其相關(guān)的交易及稅務(wù)費(fèi)用后的收益或虧損，及 /或公司所有扣除相關(guān)稅務(wù)費(fèi)用后的減值支出。而未按“國際財(cái)務(wù)報(bào)告準(zhǔn)則”計(jì)算的每股攤薄凈盈利 (Non-IFRS diluted net profit per share) 的定義為：未按“國際財(cái)務(wù)報(bào)告準(zhǔn)則”計(jì)算的凈盈利除以已發(fā)行普通股的攤薄加權(quán)平均股數(shù)。經(jīng)調(diào)整 EBITDA則是指扣除利息、稅項(xiàng)、 折舊、攤銷、非現(xiàn)金股票補(bǔ)償費(fèi)用或凈值、任何購并或出售資產(chǎn)及投資，扣除其相關(guān)的交易及稅務(wù)費(fèi)用后的收益或虧損、商譽(yù)及無形資產(chǎn)減值前的盈利。
前瞻性陳述
本新聞稿中的前瞻性聲明是根據(jù)經(jīng)修訂的證券法 (1933年) 第27-A條及經(jīng)修訂的證券交易所法 (1934年) 第21-E條而作出的。由于公司業(yè)務(wù)、宏觀經(jīng)濟(jì)情況及作出上述聲明的假設(shè)或會發(fā)生變化，可能使公司實(shí)際業(yè)績與此前瞻性聲明有所出入。
(財(cái)務(wù)報(bào)告詳見附頁)
| GLOBAL SOURCES LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In U.S. Dollars Thousands, Except Number of Shares and Per Share Data) |
||||
| As at December 31, |
As at December 31, |
|||
| 2015 |
2014 |
|||
| (Unaudited) |
||||
| ASSETS |
||||
| Current assets |
||||
| Cash and cash equivalents |
$ |
70,356 |
$ |
90,223 |
| Term deposits with banks |
9,097 |
4,285 |
||
| Financial assets, available-for-sale |
- |
3,952 |
||
| Accounts receivables, net |
849 |
2,269 |
||
| Receivables from sales representatives |
8,802 |
7,900 |
||
| Inventories |
176 |
154 |
||
| Prepaid expenses and other current assets |
16,268 |
17,027 |
||
| 105,548 |
125,810 |
|||
| Non-current assets |
||||
| Property and equipment |
59,064 |
63,519 |
||
| Investment properties |
69,726 |
85,546 |
||
| Intangible assets |
26,309 |
37,732 |
||
| Long term investment |
100 |
100 |
||
| Deferred income tax assets |
389 |
196 |
||
| Other non-current assets |
951 |
1,108 |
||
| 156,539 |
188,201 |
|||
| Total assets |
$ |
262,087 |
$ |
314,011 |
| LIABILITIES AND SHAREHOLDERS' EQUITY |
||||
| Current liabilities |
||||
| Accounts payable |
$ |
7,383 |
$ |
9,418 |
| Deferred income and customer prepayments |
75,265 |
84,869 |
||
| Accrued liabilities |
15,183 |
19,100 |
||
| Income tax liabilities |
2,990 |
3,848 |
||
| 100,821 |
117,235 |
|||
| Non-current liabilities |
||||
| Accounts payable |
289 |
889 |
||
| Deferred income and customer prepayments |
2,917 |
3,971 |
||
| Deferred income tax liabilities |
4,493 |
6,842 |
||
| 7,699 |
11,702 |
|||
| Total liabilities |
108,520 |
128,937 |
||
| Equity attributable to Company's shareholders |
||||
| Common shares |
533 |
529 |
||
| Treasury shares |
(250,089) |
(200,089) |
||
| Other reserves |
157,562 |
161,242 |
||
| Retained earnings |
239,812 |
209,924 |
||
| Total Company shareholders' equity |
147,818 |
171,606 |
||
| Non-controlling interests |
5,749 |
13,468 |
||
| Total equity |
$ |
153,567 |
$ |
185,074 |
| Total liabilities and equity |
$ |
262,087 |
$ |
314,011 |
| GLOBAL SOURCES LTD. AND SUBSIDIARIES |
||||||||||||
| Three months ended December 31, |
Year ended December 31, |
|||||||||||
| 2015 |
2014 |
2015 |
2014 |
|||||||||
| (Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||
| Revenue: |
||||||||||||
| Exhibitions |
$ |
41,629 |
$ |
38,157 |
$ |
91,854 |
$ |
88,941 |
||||
| Online and other media services (Note 2) |
17,295 |
19,738 |
70,242 |
82,430 |
||||||||
| Miscellaneous |
2,693 |
2,210 |
8,929 |
7,911 |
||||||||
| 61,617 |
60,105 |
171,025 |
179,282 |
|||||||||
| Operating Expenses: |
||||||||||||
| Sales (Note 3) |
17,898 |
19,906 |
50,231 |
56,095 |
||||||||
| Event production |
10,871 |
9,751 |
24,533 |
23,333 |
||||||||
| Community and content (Note 3) |
5,879 |
6,753 |
20,535 |
22,267 |
||||||||
| General and administrative (Note 3 & 4) |
11,625 |
11,603 |
43,697 |
48,004 |
||||||||
| Information and technology (Note 3) |
3,495 |
3,075 |
13,348 |
12,126 |
||||||||
| Total Operating Expenses |
49,768 |
51,088 |
152,344 |
161,825 |
||||||||
| Profit on sale of property |
9,791 |
- |
9,791 |
- |
||||||||
| Profit from Operations |
21,640 |
9,017 |
28,472 |
17,457 |
||||||||
| Interest income |
103 |
244 |
792 |
1,223 |
||||||||
| Gain on sale of available-for-sale securities |
39 |
- |
188 |
11 |
||||||||
| Interest expenses |
(12) |
(47) |
(83) |
(186) |
||||||||
| Profit before Income Taxes |
21,770 |
9,214 |
29,369 |
18,505 |
||||||||
| Income tax expense |
(2,187) |
(534) |
(4,609) |
(1,646) |
||||||||
| Net Profit from continuing operations |
$ |
19,583 |
$ |
8,680 |
$ |
24,760 |
$ |
16,859 |
||||
| Net Profit / (loss) from discontinued operations, net of |
- |
(40) |
5,629 |
1,982 |
||||||||
| Net profit |
$ |
19,583 |
$ |
8,640 |
$ |
30,389 |
$ |
18,841 |
||||
| Net (profit)/loss attributable to non-controlling interests |
||||||||||||
| Continuing operations |
434 |
499 |
(765) |
548 |
||||||||
| Discontinued operations |
- |
142 |
264 |
(1,059) |
||||||||
| Total |
434 |
641 |
(501) |
(511) |
||||||||
| Net profit attributable to the Company's |
||||||||||||
| Continuing operations |
$ |
20,017 |
$ |
9,179 |
$ |
23,995 |
$ |
17,407 |
||||
| Discontinued operations |
- |
102 |
5,893 |
923 |
||||||||
| Total |
$ |
20,017 |
$ |
9,281 |
$ |
29,888 |
$ |
18,330 |
||||
| Diluted net profit per share attributable to the |
||||||||||||
| Continuing operations |
$ |
0.79 |
$ |
0.29 |
$ |
0.83 |
$ |
0.52 |
||||
| Discontinued operations |
- |
* |
0.20 |
0.03 |
||||||||
| Total |
$ |
0.79 |
$ |
0.29 |
$ |
1.03 |
$ |
0.55 |
||||
| Shares used in diluted net profit per share |
25,185,321 |
31,516,581 |
28,820,976 |
33,482,371 |
||||||||
| * Diluted net profit per share attributable to the Company's shareholders from discontinued operations is less than $0.01 |
||||||||||||
| Note: 1. Total revenue from both the continuing operations and discontinued operations during the three months and year ended December 31, 2015 and 2014 was as follows: |
||||||||||||
| Three months ended December 31, |
Year ended December 31, |
|||||||||||
| 2015 |
2014 |
2015 |
2014 |
|||||||||
| (Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||
| Continuing operations |
$ |
61,617 |
$ |
60,105 |
$ |
171,025 |
$ |
179,282 |
||||
| Discontinued operations |
- |
2,762 |
4,776 |
18,930 |
||||||||
| $ |
61,617 |
$ |
62,867 |
$ |
175,801 |
$ |
198,212 |
|||||
| Note: 2. Online and other media services consists of: |
||||||||||||
| Three months ended December 31, |
Year ended December 31, |
|||||||||||
| 2015 |
2014 |
2015 |
2014 |
|||||||||
| (Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||
| Online services |
$ |
15,296 |
$ |
17,983 |
$ |
64,421 |
$ |
75,895 |
||||
| Print services |
1,999 |
1,755 |
5,821 |
6,535 |
||||||||
| $ |
17,295 |
$ |
19,738 |
$ |
70,242 |
$ |
82,430 |
|||||
| Note: 3. 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 December 31, |
Year ended December 31, |
|||||||||||
| 2015 |
2014 |
2015 |
2014 |
|||||||||
| (Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||
| Sales |
$ |
116 |
$ |
123 |
$ |
418 |
$ |
409 |
||||
| Community and content |
23 |
21 |
88 |
16 |
||||||||
| General and administrative |
316 |
319 |
1,418 |
1,215 |
||||||||
| Information and technology |
44 |
45 |
225 |
217 |
||||||||
| $ |
499 |
$ |
508 |
$ |
2,149 |
$ |
1,857 |
|||||
| Note: 4. General and administrative expenses consist of: |
||||||||||||
| Three months ended December 31, |
Year ended December 31, |
|||||||||||
| 2015 |
2014 |
2015 |
2014 |
|||||||||
| (Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||
| General and administrative expenses before |
$ |
9,890 |
$ |
9,345 |
$ |
37,290 |
$ |
36,343 |
||||
| Amortization of intangible assets |
1,250 |
994 |
4,314 |
6,873 |
||||||||
| Impairment charge on intangible assets |
- |
4 |
- |
2,242 |
||||||||
| Foreign exchange losses |
485 |
1,260 |
2,093 |
2,546 |
||||||||
| $ |
11,625 |
$ |
11,603 |
$ |
43,697 |
$ |
48,004 |
|||||
| Note: 5. Net Profit from discontinued operations, net of income tax consist of: |
||||||||||||
| Three months ended December 31, |
Year ended December 31, |
|||||||||||
| 2015 |
2014 |
2015 |
2014 |
|||||||||
| (Unaudited) |
(Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||
| Profit on sale of subsidiary |
$ |
- |
$ |
- |
$ |
6,382 |
$ |
- |
||||
| Income tax expense |
- |
- |
(361) |
- |
||||||||
| Profit on sale of subsidiary, net of income tax |
- |
- |
6,021 |
- |
||||||||
| Profit /(loss) from discontinued operations, net of income tax |
- |
(40) |
(392) |
1,982 |
||||||||
| $ |
- |
$ |
(40) |
$ |
5,629 |
$ |
1,982 |
|||||
| 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 December 31, |
Year ended December 31, |
|||||||||||||
| 2015 |
2014 |
2015 |
2014 |
|||||||||||
| IFRS diluted net profit per share |
$ |
0.79 |
$ |
0.29 |
$ |
1.03 |
$ |
0.55 |
||||||
| IFRS Net Profit |
$ |
20,017 |
$ |
9,281 |
$ |
29,888 |
$ |
18,330 |
||||||
| Non-cash stock based compensation expense (Note 1) |
499 |
508 |
2,149 |
1,857 |
||||||||||
| Amortization of intangibles (Note 2) |
34 |
86 |
381 |
594 |
||||||||||
| Impairment of goodwill and intangibles (Note 3) |
- |
4 |
- |
1,682 |
||||||||||
| Profit on sale of subsidiary (Note 4) |
- |
- |
(6,021) |
- |
||||||||||
| Profit on sale of property, net of transaction costs & related tax expenses |
(7,550) |
- |
(7,550) |
- |
||||||||||
| Non-IFRS Net Profit |
$ |
13,000 |
$ |
9,879 |
$ |
18,847 |
$ |
22,463 |
||||||
| Non-IFRS diluted net profit per share |
$ |
0.52 |
$ |
0.31 |
$ |
0.65 |
$ |
0.67 |
||||||
| Total shares used in non-IFRS diluted net profit |
||||||||||||||
| per share calculations |
25,185,321 |
31,516,581 |
28,820,976 |
33,482,371 |
||||||||||
| 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. |
||||||||||||||
| (3) Impairment of intangibles are net of related taxes. |
||||||||||||||
| (4) Profit on sale of subsidiary is net of related tax. |
||||||||||||||
| GLOBAL SOURCES LTD. AND SUBSIDIARIES |
||||||||||||||
| ADJUSTED EBITDA RECONCILIATION |
||||||||||||||
| (In U.S. Dollars Thousands) |
||||||||||||||
| Three months ended December 31, |
Year ended December 31, |
|||||||||||||
| 2015 |
2014 |
2015 |
2014 |
|||||||||||
| IFRS profit from operations including discontinued operations |
$ |
21,640 |
$ |
9,044 |
$ |
27,804 |
$ |
20,170 |
||||||
| Depreciation and amortization including discontinued operations |
2,623 |
2,614 |
10,326 |
13,061 |
||||||||||
| EBITDA |
24,263 |
11,658 |
38,130 |
33,231 |
||||||||||
| Non-cash stock based compensation expense |
499 |
508 |
2,149 |
1,857 |
||||||||||
| Impairment of goodwill and intangibles |
- |
4 |
- |
2,242 |
||||||||||
| Profit on sale of property, net of transaction costs |
(9,791) |
- |
(9,791) |
- |
||||||||||
| Adjusted EBITDA including discontinued operations |
$ |
14,971 |
$ |
12,170 |
$ |
30,488 |
$ |
37,330 |
||||||
| 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, |
|||||
| 2016 |
2015 |
|||||
| Revenue from continuing operations |
$78.0 |
to |
$80.0 |
$85.9 |
||
| IFRS EPS from continuing operations |
$0.13 |
to |
$0.17 |
$0.28 |
||
| Non-cash stock based compensation expense (Note 1) |
$0.04 |
$0.04 |
$0.03 |
|||
| Amortization of intangibles (Note 2) |
$0.01 |
$0.01 |
$0.01 |
|||
| Non-IFRS diluted net income per share from continuing operations |
$0.18 |
to |
$0.22 |
$0.32 |
||
| Total shares used in non-IFRS diluted net income |
||||||
| per share calculations |
25,400,000 |
25,400,000 |
31,534,448 |
|||
| 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. |
||||||
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| 環(huán)球資源Global Sources |
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| 蘇慧雯 |
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| 亞洲地區(qū) |
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LHA |
| 賴秀琴 |
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電話：(1-415) 433-3777 |
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