1 FULL CAPACITY Company History Company Overview IHL Company - PowerPoint PPT Presentation

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FULL CAPACITY Company History Company Overview IHL Company Product CAPACITY Sale Performance and Financial highlight 2

COMPANY HISTORY IHL 3

History 1945 : Established as Srinakorn Tannery 1998 : Entered into automotive industry 2005 : Registered in SET as Interhides Public Co., Ltd 2011 : Established Subsidiary Company under BOI (ISC) 4

History 2015 : Expand a Tannery Plant to Factory 8 support Non Automotive Business such as Shoes Leather and Furniture Leather 2016 : Established Protein Factory under the name of Inter Green which is Factory 9 5

COMPANY IHL OVERVIEW 6

Product Flow Chart Tanning & Re-tanning RAW MATERIAL (Buffalo/Cow Includes salted hides, liming Leather) & splitting and chroming. Finishing Crust Embossing & Color Semi Process Crust Spray Leather Cut part & Sewing IHL1 IHL2 IHL3 IHL4 IHL5 - Cutting Leather For car seat - Sewing time cover sub ass’y Seat set IHL6 IHL7 IHL8 IHL9 9 plants and 1,300 Employees FG 7 CUSTOMER

Factory 6 ( KM.34 ) Tanning 8

Factory 6 ( KM.34 ) Tanning & Re-tanning Move to IHL7 9 Wet Product

Factory 7 ( Bangpoo Industrial Area ) Crust Leather Product Crust Leather 10

Factory 3 and 7 Finishing Leather Finishing Leather 11

Factory 4 and 7 Cut Part floor Leather Cut Parts Leather Cut part 12

Factory 4 and 7 Sewing floor 13

Factory 5 Floor 1 ( T.J.C ) Steering Wheel & Gear Knob Sewing Steering Wheel 14

Factory 5 Floor 2 ( T.J.C ) Safety Shoes 15

Factory 10 ( KM.34 ) Tanning Wet Blue All Product IHL6 Cap Phase#1 2018 IHL10

Factory 10 ( KM.34 ) Tanning Wet Blue All Product IHL6 Cap Phase#1 2018 IHL10

Development center RD & LAB 18

Development center 19

Development center Rubbing Heat Resistance Humidity Tensile tester Resistance Tester machine Tester Tester Full TEST Facilities to meet all OEMs’ specification with ISO/IEC17025 Taber abrasion Tester Balance 20 Fogging Tester Thickness pH Meter Soxhlet Extraction apparatus

Environment Water Treatment Factory 2 Factory 7 Factory 6 ( KM.34 ) 21 สร้างบ่อบ าบัดน ้าเสียของตัวเอง

Environment Water Treatment เอำมำใช้ น ้ำที่ได้จำก ในกระบวนกำร น ้ำหลังกำร น ้ำก่อนเข้ำ กระบวนกำร ผลิต บ ำบัด ระบบบ ำบัด recycle

Environment New Water Treatment FACTORY 10

Certificates ISO/IEC17025: ISO/TS16949 : Certified since 2005 Certified since 2002 24

Awards/Certificates Quality LWG : System Certified since 2014 Cost 2016 2014 - 2015 25

Awards/Certificates 26

Award Quality 2008 System Cost 2009 2010 2011 2012 2013 2014 27

Awards/Certificates Tannery of the year 2017 / 2018 28

COMPANY IHL PRODUCT 29

MARKET SEGMENTATION AUTOMOTIVE NON AUTOMOTIVE SERVICE Safety Shoes Wet Blue

Automotive Leather Cut Parts Seat Covering Gear Knob 31 Steering wheel

AUTOMOTIVE SERVICE NON AUTOM OTIVE AUTOMOTIVE PAKISTAN EGYPT 32

AUTOMOTIVE SERVICE NON AUTOM OTIVE AUTOMOTIVE 33

AUTOMOTIVE SERVICE NON AUTOM OTIVE AUTOMOTIVE Japan 34

AUTOMOTIVE SERVICE NON AUTOM OTIVE AUTOMOTIVE Transformer Isuzu D-Max 35

AUTOMOTIVE SERVICE NON AUTOM OTIVE AUTOMOTIVE 36

MARKET SEGMENTATION L eather Sofa

MARKET SEGMENTATION L eather Seat

Non Automotive Producing and distributing Leather for Non Automotive product Dog chew Marubeni Safety Shoes 39

Service Wet Blue Furniture Leather Shoes Leather 40

New product

Our Products : Protein RAW MATERIAL DELIVER TO RECTOR AFTER HYDROLYSATE DELIVER TO EXTRACTOR M/C PROTEIN 42 EVAPORATION HYDROLYSATE

Sale Performance IHL and Financial highlight 43

Sales Sales Million Baht 2500 2295 1991 1943 2000 1852 1637 1596 1500 982 1000 739 500 304 306 256 242 0 2014 2015 2016 1H/2017 Sales Leather and Others Services

Product Segments 2016 [CATEGOR Y NAME] [VALUE] [CATEGOR Y NAME] [CATEGOR [VALUE] Y NAME] [VALUE] 1H/2017 [CATEGOR Y NAME]s [VALUE] [CATEGOR Y NAME] [CATEGOR [VALUE] Y NAME] [VALUE]

Profit & Loss Statement Unit : Million Baht H1/2017 H1/2016 % 2016 2015 2014 981.96 Sales 995.19 1,943.20 2,295.10 1,851.65 -1.33% Other Incomes 15.85 8.67 82.81% 14.25 111.61 10.98 Total Revenue 997.81 1,003.86 1,957.45 2,406.70 1,862.62 -0.60% Cost of Goods Sold 758.96 801.08 1,550.68 1,986.80 1,502.39 -5.26% Gross Profit 238.85 202.78 406.77 419.90 360.23 17.79% Selling & Admin Expenses 71.92 63.54 138.84 130.73 119.62 13.19% EBIT 166.92 139.24 19.88% 259.96 266.34 240.61 Interest Expenses 15.48 19.17 36.06 38.58 34.68 -19.25% Corporate Tax 18.00 17.70 32.63 25.98 12.23 1.69% Net Profit 133.44 102.37 191.27 201.78 193.70 30.35% Earning Per Share (Baht) 0.27 0.21 0.39 0.48 0.46 28.57%

Operating Results Gross Profit EBIT 22.71 25 20 16.73 20.2 20 13.28 13.01 15 11.07 13.37 13.43 15 10 10 5 5 0 0 2014 2015 2016 2014 2015 2016 1H/2017 1H/2017 % % Net Profit Earning Per Share 15 13.37 0.6 0.48 0.46 0.5 10.48 9.77 0.39 8.38 10 0.4 0.27 0.3 5 0.2 0.1 0 0 2014 2015 2016 2014 2015 2016 1H/2017 1H/2017 % Baht

Financial Ratio ROA ROE 15 19 18.09 11.07 17.52 17.47 10.24 18 9.61 8.98 10 17 15.9 16 5 15 0 14 2014 2015 2016 2014 2015 2016 1H/2017 1H/2017 % of Total Assets % of Total Equity Debt to Equity Ratio Current Ratio 1.4 1.36 1.35 1.5 1.5 1.15 1.14 0.89 0.85 1 1 0.83 0.5 0.5 0 0 2014 2015 2016 2014 2015 2016 1H/2017 1H/2017 Times Times

CAPACITY IHL 49

Process Flow 1 3 4 2 Re - Crust Finishing Tanning Tanning - Wet Blue Product - Pig Skin Product - Skive Pig Skin Product 5 7 - IHL4 Toyota, Cut part- Leather Nissan + Export model Steering Cut part wheel Other Product 9 10 6 8 - IHL4 Toyota, Safety Nissan Sewing Sewing- Protein All model shoes Steering Trim Chemical wheel Cover

FULL CAPACITY Tanning Wet Blue All Product New Plant IHL10 New Plant Up Cap 2019 Phase # 2 (Unit/Year ) IHL10 =3,000,000 =1,000,000 Phase # 1 2,990,000 3,000,000 = 1,110,000 Add Machine UP Cap 2018 New 2,500,000 TANNING = 10 Unit Customer 2,000,000 Cap up July = 500 1,000,000 1,990,000 Unit/day 2,000,000 Full Cap Full Cap 1,500,000 2017 Q4 2017 Q1-Q2 990,000 840,000 Service= Service= 840,000 1,600,000 1,600,000 1,000,000 Service= 488,079 450,000 500,000 Service= 106,719 IHL= IHL= IHL= IHL= 390,000 390,000 390,000 381,360 0 Actual Forecast Forecast Forecast 2016 2019 2017 2018

LAY OUT & CAPACITY Tanning Wet Blue All Product IHL6 Cap IHL6 2017 = 990,000 Unit/Year Cap Phase#1 2018 = +1,100,000 Unit/Year IHL10 Total = 2,000,000 Unit/Year Cap Phase#2 2019 =+1,000,000 Unit/Year Total = 3,000,000 Unit/Year New Plant New Plant Phase # 2 Phase # 1 2019 2018 Cooling Water Plant Packing Warehouse New Plant New Plant IHL10 Phase # 3 Phase # 4 โรงอาหาร Plant Water Treatment Plant

FULL CAPACITY Tanning Skive Wet Blue All Pig Skin Product Pig Skin Product (Unit/Year ) Full Cap 2017 =7,780,000 8,000,000 Factory No.6 7,000,000 6,000,00 6,000,000 5,000,000 4,500,000 4,000,000 Full Cap 2017 3,000,000 Service Factory No. 6 =1,900,000 Service 1,800,000 2,000,000 1,075,214 1,000,000 Service Service 0 Forecast Forecast Actual Actual 2016 2017 2016 2017

FULL CAPACITY Re-tanning All Product (Sqf./Year ) 48,000,000 Full Cap 2017= 40,000,000 33,00,000 Factory No. 6+8 31,300,000 32,000,000 PIG SKIN LINNING WWW COW GRAIN +SPLIT 3,5000,000 & NUBUCK free 24,000,000 13,300,000 15,254,400 15,000,000 16,000,000 IHL 8,000,000 IHL IHL 15,000,000 0 Actual Forecast Forecast 2016 2017 2018

FULL CAPACITY Finishing All Product (Unit/Year ) Full Cap 48,000,000 2017= 37,000,000 40,000,000 Factory No.2+3+7 31,100,000 32,000,000 27,600,000 28,182,400 3,5000,000 WWW COW 24,000,000 Service= Service= Service= 12,000,000 12,000,000 12,928,000 16,000,000 IHL= IHL= IHL= 8,000,000 15,254,400 15,600,000 15,600,000 Actual Forecast Forecast 2016 2017 2018

FULL CAPACITY Leather Cut part Sewing Trim Cover IHL4+7 Toyota, Nissan All model IHL4+7 Toyota, Nissan All model Full Cap (Car Set/Year ) (Car Set/Year ) 2017 400,000 400,000 = 375,000 Factory No.4+7 350,000 350,000 300,000 300,000 240,000 250,000 250,000 238,464 200,000 200,000 Full Cap 2017 150,000 150,000 = 100,000 Factory No.4+7 IHL IHL 100,000 100,000 68,600 63,372 50,000 50,000 IHL IHL 0 0 Actual Forecast Actual Forecast 2016 2017 2016 2017