 |
- 2011年第四季凈營業(yè)收入較2010年同期上升17%，主要由公司網(wǎng)站業(yè)務(wù)營收錄得20%的增長和展覽會業(yè)務(wù)營收錄得19%的增長所帶動 -
- 2011年第四季按“國際財務(wù)報告準則”計算每股盈利0.33美元，未按“國際財務(wù)報告準則”計算每股盈利0.38美元 -
- 2012年上半年凈營業(yè)收入指引： 預(yù)計公司凈營業(yè)收入將介乎1億800萬至1億1,000萬美元之間 -
紐約2012年3月14日電 /美通社亞洲/ -- 環(huán)球資源Global Sources Ltd. (NASDAQ: GSOL) 公布截至 2011年12月31日的第四季度及2011年全年業(yè)績報告。
環(huán)球資源執(zhí)行董事長韓禮士 (Merle A. Hinrichs) 先生表示：“環(huán)球資源在2011年第四季取得穩(wěn)健的業(yè)績，主要由公司網(wǎng)站業(yè)務(wù)及展覽會業(yè)務(wù)營收持續(xù)增長所帶動。展望2012年上半年，我們預(yù)期公司的業(yè)務(wù)增長將受到嚴峻的全球經(jīng)濟環(huán)境所影響，盡管全球經(jīng)濟前景偏軟，但我們對公司業(yè)務(wù)的發(fā)展前景仍保持樂觀態(tài)度?！?/p>
韓先生繼續(xù)表示：“在目前的經(jīng)濟環(huán)境下，出口商必須尋找新的買家并開拓新興市場，有見及此，環(huán)球資源領(lǐng)導(dǎo)業(yè)界，在過去數(shù)年來一直積極在新興市場建立買家社群；此外，我們的海外展覽會帶領(lǐng)供應(yīng)商在迪拜、孟買、邁阿密、約翰內(nèi)斯堡和圣保羅各大主要采購樞紐拓展業(yè)務(wù)。我們同時進一步強化環(huán)球資源獨特的多渠道出口推廣方案，幫助供應(yīng)商實現(xiàn)爭取銷售查詢、建立品牌及增加訂單等目標。在中國內(nèi)貿(mào)市場方面，公司近期已投資于中國其中一個較大及較著名的時裝展，我們?yōu)榇烁械绞峙d奮?！?/p>
韓先生總結(jié)道：“在過去的四十年里，環(huán)球資源成功地渡過了多次全球經(jīng)濟危機，并在激烈的行業(yè)競爭中屹立不倒，因此我們已準備就緒，幫助公司的客戶渡過目前艱難的時刻，并在經(jīng)濟環(huán)境好轉(zhuǎn)時助力他們恢復(fù)強勁的出口增長?！?/p>
業(yè)績要覽： 2011年第四季與2010年第四季之年度比較分析
業(yè)績要覽：截至2011年12月31日全年與截至2010年12月31日全年之年度比較分析
環(huán)球資源未按“國際財務(wù)報告準則”計算方法
環(huán)球資源管理層認為未按“國際財務(wù)報告準則” (Non-IFRS) 計算方法是有效反映營運狀況的計算方法，因此于本新聞稿末部提供按“國際財務(wù)報告準則” (IFRS) 計算及未按“國際財務(wù)報告準則” 計算的對帳表。
環(huán)球資源將過往及將來未按“國際財務(wù)報告準則”計算的凈收入 (non-IFRS net income) 定義為： 按“國際財務(wù)報告準則”計算的凈收入扣除非現(xiàn)金股票費用、與公司數(shù)個股權(quán)補償計劃相關(guān)的無形資產(chǎn)攤銷費用、公司任何購并及投資所得的收益或虧損，及 /或公司所有減損支出。而未按“國際財務(wù)報告準則”計算的每股盈利 (Non-IFRS EPS) 的定義為：未按“國際財務(wù)報告準則”計算的凈收入除以已發(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、折舊、攤銷、股票補償費用、商譽及無形資產(chǎn)減值前的盈利。
環(huán)球資源首席財務(wù)官賴秀琴女士表示：“在2012年上半年，預(yù)計公司的凈營業(yè)收入與去年同期相比將有介乎4%至6%之間的增長；有關(guān)的預(yù)測經(jīng)已反映了海外采購需求下降及中國出口放緩的情況。因此，環(huán)球資源將會專注于控制成本及公司業(yè)務(wù)的持續(xù)投資之間取得一個合理的平衡點?！?/p>
賴女士指出：“我們預(yù)計公司在2012年上半年的營收比例將為網(wǎng)站業(yè)務(wù)占59%至60%，展覽會業(yè)務(wù)占31%至32%，雜志業(yè)務(wù)占5%至6%，其它業(yè)務(wù)則約占3%。而2011年上半年公司營收比例為網(wǎng)站業(yè)務(wù)約占55%，展覽會業(yè)務(wù)占32%，雜志業(yè)務(wù)占10%及其它業(yè)務(wù)占3%?！?/p>
賴女士總結(jié)道：“展望未來，環(huán)球資源將繼續(xù)實行穩(wěn)健的財務(wù)紀律，并以保持持續(xù)盈利為公司的經(jīng)營目標。環(huán)球資源的財務(wù)狀況十分穩(wěn)健，公司持有約9,790萬美元的現(xiàn)金結(jié)存，同時沒有任何債務(wù)?！?/p>
依據(jù)“國際財務(wù)報告準則”計算的2012年上半年財務(wù)展望
近期企業(yè)要覽
環(huán)球資源2011年第四季度及全年業(yè)績報告投資者電話會議
環(huán)球資源執(zhí)行董事長韓禮士先生及首席財務(wù)官賴秀琴女士將于美國東部時間2012年3月14日上午8時 (香港時間2012年3月14日晚上8時) 主持投資者電話會議，旨在回顧公司2011年第四季度及全年的業(yè)績。美國投資者如欲參與此次電話會議，請撥打(877) 941-1427；香港以外的國際投資者可撥打 (1-480) 629-9664。香港投資者則可撥打本地電話號碼 (852) 3009-5027，并向接線員提供本次電話會議的編號4509577，同時請?zhí)嵩?0分鐘撥打上述電話號碼，以確保在會議開始時所有參與者均已聯(lián)機。有關(guān)的電話會議亦將于環(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。
此次電話會議的網(wǎng)上廣播將于環(huán)球資源企業(yè)網(wǎng)站轉(zhuǎn)載最少30天，以供未能參與本次電話會議者收聽。有興趣人士亦可由電話會議進行當(dāng)日至2012年3月21日期間收聽是次電話會議之回放。如欲收聽有關(guān)電話會議回放，請撥打 (800) 406-7325，或美國以外地區(qū)撥打(1-303) 590-3030，并輸入密碼4509577。香港投資者則可撥打本地電話號碼 (852) 3056-2777，并輸入密碼4509577。
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，包括網(wǎng)站 (http://www.globalsources.com)、印刷及電子雜志、采購資訊報告、“買家專場采購會”、貿(mào)易展覽會及“在線展會”，促進亞洲各國的出口貿(mào)易。
超過118萬名國際買家、當(dāng)中包括85家來自全球百強零售商，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個國家及地區(qū)的買家訂單。
環(huán)球資源也通過一系列中文媒體協(xié)助海內(nèi)外企業(yè)在大中華地區(qū)行銷，當(dāng)中包括網(wǎng)站、印刷及電子雜志、研討會及貿(mào)易展覽會。環(huán)球資源在中國設(shè)有超過40個辦事機構(gòu)，公司的中文媒體擁有逾4百萬名網(wǎng)上注冊用戶及雜志讀者。
環(huán)球資源于2000年在美國納斯達克股票市場公開上市，如今已經(jīng)成功邁向第5個十年。
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，可能使公司實際業(yè)績與此前瞻性聲明有所出入。
(財務(wù)報告詳見附頁)
| 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, |
||||||
| 2011 |
2010 |
||||||
| (Unaudited) |
|||||||
| ASSETS |
|||||||
| Current assets |
|||||||
| Cash and cash equivalents |
$ |
81,903 |
$ |
101,298 |
|||
| Term deposits with banks |
2,764 |
1,411 |
|||||
| Financial assets, available-for-sale |
13,250 |
- |
|||||
| Accounts receivables |
4,711 |
3,919 |
|||||
| Receivables from sales representatives |
6,523 |
8,248 |
|||||
| Inventories |
230 |
435 |
|||||
| Prepaid expenses and other current assets |
20,895 |
20,269 |
|||||
| 130,276 |
135,580 |
||||||
| Non-current assets |
|||||||
| Property and equipment |
55,761 |
76,514 |
|||||
| Investment properties |
75,370 |
- |
|||||
| Intangible assets |
11,946 |
10,449 |
|||||
| Long term investment |
100 |
100 |
|||||
| Deferred income tax assets |
325 |
504 |
|||||
| Other non-current assets |
2,552 |
2,556 |
|||||
| 146,054 |
90,123 |
||||||
| Total assets |
$ |
276,330 |
$ |
225,703 |
|||
| LIABILITIES AND SHAREHOLDERS' EQUITY |
|||||||
| Current liabilities |
|||||||
| Accounts payable |
$ |
7,698 |
$ |
9,600 |
|||
| Deferred income and customer prepayments |
101,841 |
90,617 |
|||||
| Accrued liabilities |
17,723 |
14,269 |
|||||
| Income tax liabilities |
714 |
650 |
|||||
| 127,976 |
115,136 |
||||||
| Non-current liabilities |
|||||||
| Deferred income and customer prepayments |
8,290 |
6,710 |
|||||
| Deferred income tax liabilities |
1,510 |
1,397 |
|||||
| 9,800 |
8,107 |
||||||
| Total liabilities |
137,776 |
123,243 |
|||||
| Equity attributable to Company's shareholders |
|||||||
| Common shares |
518 |
516 |
|||||
| Treasury shares |
(150,089) |
(150,089) |
|||||
| Other reserves |
152,591 |
146,691 |
|||||
| Retained earnings |
126,653 |
97,177 |
|||||
| Total Company shareholders' equity |
129,673 |
94,295 |
|||||
| Non-controlling interests |
8,881 |
8,165 |
|||||
| Total equity |
$ |
138,554 |
$ |
102,460 |
|||
| Total liabilities and equity |
$ |
276,330 |
$ |
225,703 |
|||
| GLOBAL SOURCES LTD. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS (In U.S. Dollars Thousands, Except Number of Shares and Per Share Data) |
|||||||||||||||||
| Three months ended December 31, |
Year ended December 31, |
||||||||||||||||
| 2011 |
2010 |
2011 |
2010 |
||||||||||||||
| (Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||||||||
| Revenue: |
|||||||||||||||||
| Online and other media services (Note 1) |
$ |
36,863 |
$ |
31,714 |
$ |
141,475 |
$ |
122,203 |
|||||||||
| Exhibitions |
35,475 |
29,896 |
77,973 |
69,450 |
|||||||||||||
| Miscellaneous |
1,669 |
1,399 |
5,617 |
4,996 |
|||||||||||||
| $ |
74,007 |
$ |
63,009 |
$ |
225,065 |
$ |
196,649 |
||||||||||
| Operating Expenses: |
|||||||||||||||||
| Sales (Note 2) |
26,305 |
23,407 |
81,363 |
71,923 |
|||||||||||||
| Event production |
11,273 |
8,299 |
24,637 |
21,875 |
|||||||||||||
| Community and content (Note 2) |
9,430 |
8,729 |
34,078 |
31,923 |
|||||||||||||
| General and administrative (Note 2) |
11,721 |
9,289 |
40,660 |
33,463 |
|||||||||||||
| Information and technology (Note 2) |
3,070 |
2,942 |
12,607 |
11,839 |
|||||||||||||
| Total Operating Expenses |
$ |
61,799 |
$ |
52,666 |
$ |
193,345 |
$ |
171,023 |
|||||||||
| Profit from Operations |
$ |
12,208 |
$ |
10,343 |
$ |
31,720 |
$ |
25,626 |
|||||||||
| Interest income |
161 |
85 |
360 |
510 |
|||||||||||||
| Gain on sale of available-for-sale securities |
- |
1,223 |
- |
1,223 |
|||||||||||||
| Profit before Income Taxes |
$ |
12,369 |
$ |
11,651 |
$ |
32,080 |
$ |
27,359 |
|||||||||
| Income Tax Expense |
(456) |
(481) |
(1,613) |
(1,117) |
|||||||||||||
| Net Profit |
$ |
11,913 |
$ |
11,170 |
$ |
30,467 |
$ |
26,242 |
|||||||||
| Net profit attributable to non-controlling |
(24) |
136 |
(991) |
(991) |
|||||||||||||
| Net profit attributable to the Company's |
$ |
11,889 |
$ |
11,306 |
$ |
29,476 |
$ |
25,251 |
|||||||||
| Diluted net profit per share attributable to |
$ |
0.33 |
$ |
0.32 |
$ |
0.83 |
$ |
0.61 |
|||||||||
| Shares used in diluted net profit per share |
35,501,296 |
35,119,162 |
35,385,218 |
41,693,616 |
|||||||||||||
| Note: 1. |
Online and other media services consists of: |
||||||||||||||||
| Three months ended December 31, |
Year ended December 31, |
||||||||||||||||
| 2011 |
2010 |
2011 |
2010 |
||||||||||||||
| (Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||||||||
| Online services |
$ |
30,466 |
$ |
25,466 |
$ |
117,946 |
$ |
96,125 |
|||||||||
| Print services |
6,397 |
6,248 |
23,529 |
26,078 |
|||||||||||||
| $ |
36,863 |
$ |
31,714 |
$ |
141,475 |
$ |
122,203 |
||||||||||
| Note: 2. |
Non-cash compensation expenses associated with the several employee 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, |
||||||||||||||||
| 2011 |
2010 |
2011 |
2010 |
||||||||||||||
| (Unaudited) |
(Unaudited) |
(Unaudited) |
|||||||||||||||
| Sales |
$ |
207 |
$ |
194 |
$ |
737 |
$ |
545 |
|||||||||
| Community and content |
61 |
73 |
234 |
284 |
|||||||||||||
| General and administrative |
475 |
(7) |
1,528 |
1,089 |
|||||||||||||
| Information and technology |
71 |
73 |
278 |
269 |
|||||||||||||
| $ |
814 |
$ |
333 |
$ |
2,777 |
$ |
2,187 |
||||||||||
| 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, |
|||||||||||
| 2011 |
2010 |
2011 |
2010 |
|||||||||
| IFRS EPS |
$ |
0.33 |
$ |
0.32 |
$ |
0.83 |
$ |
0.61 |
||||
| IFRS Net Profit |
$ |
11,889 |
$ |
11,306 |
$ |
29,476 |
$ |
25,251 |
||||
| Non-cash stock based compensation expense (Note 1) |
814 |
333 |
2,777 |
2,187 |
||||||||
| Amortization of intangibles (Note 2) |
191 |
189 |
763 |
560 |
||||||||
| Impairment of goodwill and intangibles |
670 |
- |
670 |
- |
||||||||
| Non-IFRS Net Profit |
$ |
13,564 |
$ |
11,828 |
$ |
33,686 |
$ |
27,998 |
||||
| Non-IFRS diluted net profit per share |
$ |
0.38 |
$ |
0.34 |
$ |
0.95 |
$ |
0.67 |
||||
| Total shares used in non-IFRS diluted net profit |
||||||||||||
| per share calculations |
35,501,296 |
35,119,162 |
35,385,218 |
41,693,616 |
||||||||
| 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 December 31, |
Year ended December 31, |
|||||||||||
| 2011 |
2010 |
2011 |
2010 |
|||||||||
| IFRS profit from operations |
$ |
12,208 |
$ |
10,343 |
$ |
31,720 |
$ |
25,626 |
||||
| Depreciation and amortization |
1,464 |
1,471 |
6,785 |
6,668 |
||||||||
| EBITDA |
13,672 |
11,814 |
38,505 |
32,294 |
||||||||
| Non-cash stock based compensation expense |
814 |
333 |
2,777 |
2,187 |
||||||||
| Impairment of goodwill and intangibles |
670 |
- |
670 |
- |
||||||||
| Adjusted EBITDA |
$ |
15,156 |
$ |
12,147 |
$ |
41,952 |
$ |
34,481 |
||||
| 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, |
|||||
| 2012 |
2011 |
|||||
| Revenue |
$108.0 |
to |
$110.0 |
$104.1 |
||
| IFRS EPS |
$0.36 |
to |
$0.38 |
$0.38 |
||
| Non-cash stock based compensation expense (Note 1) |
$0.04 |
$0.04 |
$0.04 |
|||
| Amortization of intangibles (Note 2) |
$0.01 |
$0.01 |
$0.01 |
|||
| Non-IFRS diluted net income per share |
$0.41 |
to |
$0.43 |
$0.43 |
||
| Total shares used in non-IFRS diluted net income |
||||||
| per share calculations |
35,775,000 |
35,775,000 |
35,424,395 |
|||
| 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. |
||||||
有關(guān)財務(wù)矩陣圖，請瀏覽：
http://www.mhfang.com/sa/attachment/2012/03/20120313162245404240.pdf
如需查詢，請聯(lián)絡(luò)：
| 傳媒聯(lián)絡(luò) | |
| 亞洲地區(qū) | 中國地區(qū) |
| 環(huán)球資源Global Sources | 環(huán)球資源Global Sources |
| 蘇慧雯 | 紀賓賓 |
| 電話：+852-2555-5040 | 電話：+86-10-5927-1582 |
| 電子郵件：cso@globalsources.com | 電子郵件：sji@globalsources.com |
| 投資者聯(lián)絡(luò)： | |
| 亞洲地區(qū) | 美國 |
| 環(huán)球資源Global Sources | LHA |
| 王皚 | Mary Magnani & Cathy Mattison |
| 電話：+852-2555-4747 | 電話：+1-415-433-3777 |
| 電子郵件：investor@globalsources.com | 電子郵件：mmagnani@lhai.com |
| 電子郵件：cmattison@lhai.com |
