1 Contents Financial Performance Business Opportunity Financial - - PowerPoint PPT Presentation

▶
1 contents
SMART_READER_LITE
LIVE PREVIEW

1 Contents Financial Performance Business Opportunity Financial - - PowerPoint PPT Presentation

May 23, 2023 269 likes •542 views

1 Contents Financial Performance Business Opportunity Financial Performance 3 Financial Performance Revenues MB. 2% 100% 3% 6% 6% 8% 7% 8% 15% 11% 2,800 3,000 14% 18% 2,550 23% 17% 80% 16% 33% 18% 2,500 15% 2,117 15%

slide-1
SLIDE 1

1

slide-2
SLIDE 2

Contents

Business Opportunity Financial Performance

slide-3
SLIDE 3

Financial Performance

3

slide-4
SLIDE 4

Financial Performance

Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 Q2-16 Q3-16 Q4-16 Q1/17 Q2/17 Revenue 514 603 770 662 623 691 707 778 625 712 514 603 770 662 623 691 707 778 625 712 2,064 2,117 1,693 2,550 2,800 1,314 1,337 500 1,000 1,500 2,000 2,500 3,000 2012 2013 2014 2015 2016 H1-16 H1-17 MB.

Revenues

61% 69% 68% 64% 71% 73% 61% 33% 23% 18% 15% 16% 17% 15% 6% 8% 15% 14% 11% 8% 18% 7% 3% 2% 6% 0% 20% 40% 60% 80% 100% 2012 2013 2014 2015 2016 H1-16 H1-17 Manufacturing Product Supplied and Distributed Products Services Power Plant Demolition +14.01% QOQ +3.02% YOY

Key Highlights :

 H1/17 Revenue from sales and service amounting to 1,337 million baht, increased by 22.83 million baht or increased by 1.74%, when compared to the same period last year  Significant changes in the proportion of revenue for H1/17 as follows ; Manufacturing Product decreased by 14%, Supplied and Distributed Product decreased by 7%, Services increased by 114% and Power plant Demolition increased by 165% , when compared to the same period last year.

4

slide-5
SLIDE 5 107.53 130.37 155.71 176.18 159.03 170.81 174.63 199.23 147.01 165.72 Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 Q2-16 Q3-16 Q4-16 Q1-17 Q2-17 21.64% 20.21% 24.70% 25.53% 24.70% 23.26% 25.60% 20.90% 26.60% %GP MB.

Key Highlights :

 H1/17 Gross profit has amounting to 312.73 million baht, decreased 17.11 million baht or decreased 5.18%, with the gross profit ratio decreased from 25.10% to 23.39% when compared to the same period of last year  This was mainly due to the impact from the price competition.

Financial Performance

2,064 2,117 1,693 2,550 2,800 1,314 1,337 1,614 1,602 1,310 1,980 2,096 984 1,024 21.80% 24.33% 22.62% 22.35% 25.14% 25.10% 23.39% 0% 5% 10% 15% 20% 25% 30% 500 1,000 1,500 2,000 2,500 3,000 2012 2013 2014 2015 2016 H1-16 H1-17 Revenue Cost Gross Margin +12.73% QOQ
  • 2.98% YOY
23.53%

Gross Margin

5

slide-6
SLIDE 6

Selling General & Administrative Expenses (SG&A)

251 274 226 303 361 181 162 12.11% 12.89% 13.24% 11.83% 12.83% 13.67% 12.05% 0% 5% 10% 15% 20% 50 100 150 200 250 300 350 400 2012 2013 2014 2015 2016 H1-16 H1-17 MB. 65.86 65.03 73.29 99.00 84.22 96.47 83.47 96.93 79.43 82.33 Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 Q2-16 Q3-16 Q4-16 Q1-17 Q2-17
  • 14.66% YOY
+3.66% QOQ %/Total Revenue 12.64% 10.77% 9.49% 14.86% 13.41% 13.91% 11.74% 12.40% 12.65% 11.53%

Key Highlights :

 H1/17 SG&A amounting to 161.76million baht, decreased 18.93 million baht or decreased 10.47%, with the SG&A per Total revenues ratio decreased from 13.67% to 12.05% when compared to the same period of last year  This was mainly due lower promotional expenses Including continuous control and cost management.

Financial Performance

6

slide-7
SLIDE 7

Net Profit

MB. 29.52 41.84 69.44 65.96 63.42 61.48 75.88 87.45 55.45 68.58 Q1-15 Q2-15 Q3-15 Q4-15 Q1-16 Q2-16 Q3-16 Q4-16 Q1-17 Q2-17 +11.55% YOY +23.69% QOQ

Key Highlight :

 H1/17 Net profit was 124.03 MB. decreased by 0.87 MB. or by 0.69% compared to the same period last year.  H1/17 Net profit margin rate decreased from 9.45% to 9.24,when compared to the same period last year, This was mainly impact from the price competition

GP% 5.67% 6.93% 8.99% 9.90% 8.86% 10.68% 8.83% 11.19% 10.10%

Financial Performance

145 182 114 207 288 125 124 6.99% 8.57% 6.67% 8.07% 10.24% 9.45% 9.24% 0% 2% 4% 6% 8% 10% 12% 14% 50 100 150 200 250 300 350 2012 2013 2014 2015 2016 H1-16 H1-17 9.60%

7

slide-8
SLIDE 8

Assets Liabilities

MB. MB.

Shareholders’ Equity

MB.

Financial Performance

300 600 900 1,200 1,500 2012 2013 2014 2015 2016 H1-17 406 558 612 1,256 1,421 1,369 Equity 365 462 593 369 276 344 525 658 484 588 502 497 58 60 38 45 55 40 300 600 900 1,200 2012 2013 2014 2015 2016 H1-17 Loan AP Other 948 1,180 1,115 1,002 833 882 300 600 900 1,200 1,500 1,800 2,100 2,400 2012 2013 2014 2015 2016 Q2-17 579 633 581 637 717 800 318 480 481 864 730 661 174 162 142 152 135 107 283 463 522 604 668 682 Cash+AR Inventory Other PP&E 1,354 1,738 1,727 2,258 2,250 2,250

Key Highlights :

 H1/17 significant changes in assets are as follows:
  • Trade and other receivables-net equal to 757.27 million baht
had increased by 117.64 million baht or increased by 18.39%. The increase is in line with the increased sales and credit policy of the company, there are also increased in overdue receivables.
  • Materials from the decommissioned power plant-net equal to
60.16 million baht had decreased by 71.34 million baht or decreased by 54.25%, since the joint venture (subsidiary) sold more material from the power plant during the period.

8

slide-9
SLIDE 9

Return On Assets (ROA) Return On Equity (ROE)

140 182 114 207 288 260 287 350 482 585 934 1,344 926 1,323 40.08% 37.82% 19.43% 22.13% 21.44% 28.12% 21.72% 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 250 500 750 1,000 1,250 1,500 2012 2013 2014 2015 2016 H1-16 H1-17 Net profit Shareholders's Equity ROE 948 1,180 1,115 1,002 830 942 882 406 558 612 1,257 1,432 1,268 1,378 2.34 2.12 1.82 0.80 0.58 0.74 0.64 0.00 0.50 1.00 1.50 2.00 2.50 250 500 750 1,000 1,250 1,500 1,750 2012 2013 2014 2015 2016 H1-16 H1-17 Liabilities Shareholders'Equity D/E Rate MB. 1,302 1,546 1,732 1,992 2,256 2,155 2,229 208 250 169 280 357 322 357 15.97% 16.18% 9.73% 14.06% 15.84% 14.96% 16.01% 0.00% 4.00% 8.00% 12.00% 16.00% 20.00% 500 1,000 1,500 2,000 2,500 2012 2013 2014 2015 2016 H1-16 H1-17 Asset EBIT ROA MB. MB.

Financial Performance

Debt to Equity (D/E)

9

slide-10
SLIDE 10

10

Highlight Project H1/2017

Infrastructure

 Airport

  • AOT
  • Krabi
  • Loei
  • Betong
  • Mae Sot

 Train

  • SRT Red Line

Power Plant / Utility

 Power Plant EGAT

  • Srinakarin Dam

 Utility PEA

  • Substation (10 Stations)
  • Under Ground System ; Sukhothai, Phimai

 Utility Private Sector

  • Amata B.Grimm,
  • Rachburi
  • TPCH

Government Office

 Ministry of Justice  Ministry of Social Development and Human Security (New building)  EGAT Headquarters (New building)

slide-11
SLIDE 11

11

Commercial Building

Central Robinson BigC

Telecommunication & Data center

Telecommunication

  • AIS
  • DTAC
  • TRUE

Data Center

  • SET
  • INET
  • PEA
  • WHA

Residential

Siam Sindhorn

Highlight Project H1/2017

slide-12
SLIDE 12

12

Health Care and Hospital

Roi-Et Hospital Academic Center of Dentistry in ASEAN

Industry

Pandora CPF Thaioil Pepsi TFG Potash Mining (Dan Khun Thot)

Highlight Project H1/2017

slide-13
SLIDE 13

13

  • สัมมนา ระบบกระจายส่งจ่ายไฟฟ

้ า การใช้งานและการดูแล บ ารุงรักษาสวิตช์บอร์ดไฟฟ ้ า

  • สัมมนา Power-Up by ASEFA & BUILK
  • สัมมนา Advanced for Electrical Power Distribution
  • ประชุมสามัญผู้ถือหุ้นประจ าปี 2559
  • Opportunity Day แถลงผลประกอบการไตรมาส 4/2559
  • Contractor Day" บริษัทหลักทรัพย์ภัทร จ ากัด
  • Benefit from Infrastructure Spending" บมจ. กรุงศรี
  • กลุ่มลูกค้าบริษัทฯ ต่างๆ หน่วยงานราชการและ

สถาบันการศึกษา เข้าเยี่ยมชมกิจการและกระบวนการผลิต

Customer Seminars Company Visit Investor Relations

Activity in H1/2017

slide-14
SLIDE 14

14

Activity in H1/2017

  • รางวัลระดับประเทศ สถานประกอบกิจการต้นแบบดีเด่น

ด้านความปลอดภัย อาชีวอนามัย และสภาพแวดล้อมใน การท างานประจ าปี 2560

  • รางวัล สถานประกอบกิจการดีเด่น ด้านส่งเสริมพัฒนา

ฝีมือแรงงาน ประจ าปี 2560

  • โครงการ "อาซีฟาร่วมพลิกฟื้นชุมชน พ้นวิกฤตอุทกภัย
  • โครงการ "ครอบครัวอาซีฟา ร่วมใจท าดีเข้าพรรษา“

Internal Training CSR Other Activities

  • บมจ. อาซีฟา ร่วมออกบูธกับ ปตท. @ จ.นครสวรรค์,

พิษณุโลก, เชียงใหม่ และ พะเยา

  • บมจ.อาซีฟา ได้รับประกาศเกียรติคุณบัตร และเข็มเสมา

คุณูปการจากกระทรวงศึกษาธิการ

Rewards

  • อบรม “การพัฒนาผู้บริหาร (Mini MBA)
  • งานสัมมนาเชิงวิชาการ ส าหรับผู้บริหารระดับกลาง
  • งานสัมมนาวิศวกร
slide-15
SLIDE 15

Business Opportunity

15

slide-16
SLIDE 16

System Overview

slide-17
SLIDE 17

Manufacturing Products

  • ASEFA Modular Switchboard
  • Licensed Type Tested Switchboard
  • Metal Trunking
  • Luminaire

Supplied and Distributed Products

  • Electrical and Control
  • Electrical Power Distribution
  • Lighting and Equipment
  • MI Cable

Services

  • Integrated Engineering Services
  • After Sales Services

Products & Services

17

slide-18
SLIDE 18

Manufacturing Products

ASEFA Modular Switchboard

  • MV Modular SF6 Switchgear
  • MV/LV Compact Substation
  • LV Main Distribution Switchboard (MDB)
  • LV Sub Distribution and Final Distribution Switchboard (SDB)
  • Double Safety Door Switchboard
  • Capacitor Bank
  • Motor Control Center
  • Control Automation Board
  • Console & Control Desk and Control Box

Licensed type Tested Switchboard

  • Medium Voltage Metal Clad Switchboard : NEX 24
  • Medium Voltage Metal Clad Switchboard : NEX 17.5
  • Low Voltage Switchboard BLOKSET
  • MV/LV Prefabricated Substation : BIOSCO
  • Automation Transfer Switch with Bypass : ATS-Bypass

Metal Trunking

  • Wire way
  • Cable Tray
  • Cable Ladder
  • Flush floor
  • Under Floor Ducts
  • Perforated Trunking

Luminaire

  • Louver
  • Diffuser
  • Batten
  • Industrial
Capacitor Bank

Products & Services

18

slide-19
SLIDE 19

Electrical and Control

Supplied and Distributed Products

  • Switching Device
  • Protection Equipment
  • Control Equipment
  • Signaling and Regulating

Equipment

Lighting and Equipment MI Cable Electrical Power Distribution

  • Indoor Lighting
  • Industrial Lighting
  • Road Lighting
  • Façade Lighting
  • Ring Main Unit : RMU
  • Transformer
  • Bus duct
  • Load Center, Consumer Unit and Safety Switch
  • Uninterruptible Power Supply: (UPS)
  • Sport & Area Lighting
  • Emergency Lighting & Exit sign
  • Lighting for Energy Saving
  • Lighting Solutions and Design

Products & Services

19

slide-20
SLIDE 20

Services

Integrated Engineering Services

Electrical Power Distribution Solution Data Center and Redundancy Electrical Power System Energy Management and Monitoring System Automation and Communication System Power Quality Solution Lighting Solution

After Sales Services

Modification and Upgrade Preventive Maintenance and Spare Parts Management

Products & Services

20

slide-21
SLIDE 21

Competition Strategies

Competition Strategies A wind variety of products to meet the needs of the customer

Product is operated under top quality standards

Ensure customer satisfaction, fast problem solutions by our after-sales service Great experience and readiness of our expert teams Building good relationship with business partners 21

slide-22
SLIDE 22

Investment and Plans

New Products New Market New

Business Partners

New Approach

  • จัดตั้งกิจการร่วมค้า
(Establishment of a Joint Venture)
  • จัดตั้งกิจการร่วมลงทุน
(Establishment of Joint Investment)
  • บันทึกข้อตกลงความร่วมมือ
(Memorandum of cooperation)
  • น าเสนอสินค้าและบริการใหม่
(New Products & new Services)
  • กลุ่มสินค้า Smart Grid / Data
Center / Control Automation / Energy Saving /Airport Lighting Electrical System
  • การร่วมกลุ่มผลิตภัณฑ์เสนอเป
็ น Solution (Product solution offering)
  • ขยายกลุ่มลูกค้าสู่สาขาต่างจังหวัด และ
กลุ่มประเทศ AEC ผ่านสาขารอยต่อ ชายแดน (Customer expansion to upcountry and AEC group)

22

slide-23
SLIDE 23

Product Solution Offering

  • Betong Airport
  • PPP Green Complex
  • Sunfeed
  • End User / Energy Saving

Products

  • Reginal / 10 Seminars
  • Air Chiller System
  • Automation Products
  • Underground Switchboard /

RMU ( MEA License )

  • Automatic Voltage Regulator (AVR)
  • Energy Saving Products
  • Consortium
  • UMI / Chiller
  • Enova / Substation
  • New Assignment
  • TRANE / Air Chiller
  • Energy Plus / Energy Saving

Investment and Plans

23

New Products New Market New

Business Partners

New Approach

slide-24
SLIDE 24

1,105 ล้านบาท

52%

319 ล้านบาท

15%

700 ล้านบาท

33%

Manufacturing Product Services

2,124 MB.

Backlog as of 30 June 2017

940 1,197 1,139 1,081 1,007 1,131 1,105 259 253 313 357 352 380 319 226 362 362 384 446 733 700 500 1,000 1,500 2,000 2,500 Q4-15 Q1-16 Q2-16 Q3-16 Q4-16 Q1-17 Q2-17 24 MB.

Note: Excluding Power plant Demolition

Supplied & Distributed Products 1,425 1,812 1,814 1,822 1,805 2,244 2,124
slide-25
SLIDE 25

This presentation includes forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. This presentation contains a number of forward-looking statements including, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. ASEFA has based these forward-looking statements on its views with respect to future events and financial performance. Actual financial performance of the entities described herein could differ materially from that projected in the forward-looking statements due to the inherent uncertainty of estimates, forecasts and projections, and financial performance may be better or worse than anticipated. Given these uncertainties, readers should not put undue reliance on any forward-looking statements. Forward-looking statements represent estimates and assumptions only as of the date that they were made. The information contained in this presentation is subject to change without notice and ASEFA does not undertake any duty to update the forward-looking statements, and the estimates and assumptions associated with them, except to the extent required by applicable laws and regulations.

Disclaimers

25

slide-26
SLIDE 26

Q&A