2017 Year of Sustainable Growth Opportunity Day March 21, 2017 - - PowerPoint PPT Presentation

2017 year of sustainable growth
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2017 Year of Sustainable Growth Opportunity Day March 21, 2017 - - PowerPoint PPT Presentation

2017 Year of Sustainable Growth Opportunity Day March 21, 2017 Stock Exchange of Thailand Building 1 Disclaimer The information (Confidential Information) contained in this presentation is strictly confidential and is provided by


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1

Opportunity Day March 21, 2017 Stock Exchange of Thailand Building

“2017 Year of Sustainable Growth”

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2 The information (“Confidential Information”) contained in this presentation is strictly confidential and is provided by Areeya Property Public Company Limited (the “Company”) to you solely for your reference. Neither this presentation nor any part thereof may be (i) used or relied upon by any other party or for any other purpose; (ii) copied, photocopied, duplicated or otherwise reproduced in any form or by any means; or (iii) redistributed, passed on or otherwise disseminated, to any other person either in your organization or elsewhere, without the prior written consent of the Company. By attending this presentation, participants agree not to remove this document, or any materials provided in connection herewith, from the conference room where such documents are provided without express consent from the

  • Company. Although care has been taken to ensure that the Confidential Information in this presentation is accurate, and that the opinions

expressed are fair and reasonable, the Confidential Information is subject to change without notice, its accuracy is not guaranteed, has not been independently verified and it may not contain all material information concerning the Company. None of the Company, or any of their respective members, directors, officers, employees or affiliates nor any other person accepts any liability (in negligence, or otherwise) whatsoever for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection therewith. This presentation is for information purposes only and does not constitute or form part of any offer or invitation for sale or subscription of

  • r solicitation or invitation of any offer to or recommendation to buy or subscribe for any securities, nor shall it or any part of it form the

basis of or be relied on in connection with any contract, commitment or investment decision in relation thereto in Thailand, United States

  • r any other jurisdiction. Any such purchase should be made solely on the basis of the information contained in the announcements to the

Stock Exchange of Thailand relating to such securities. No reliance may be placed for any purposes whatsoever on the information set forth in this presentation or on its completeness. This presentation contains projections and forward‐looking statements that reflect the Company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are

  • utside the control of the Company. You are cautioned not to place undue reliance on these forward looking statements. No assurance can

be given that future events will occur, that projections will be achieved, or that the Company's assumptions are correct. Such forward‐looking statements are not guarantees of future performance and accordingly, the actual results, financial condition, performance

  • r achievements of the Company may differ materially from those forecasted and projected or in the forward‐looking statements.

Disclaimer

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Agenda

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Company Introduction Business Highlights Financial Highlights Future Outlook Q & A

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Company Vision

Areeya home construction provides residents happiness through creative projects that build inspirations อารียา คือ บริษัทที่สร้างบ้านให้ผู้อยู่อาศัยมีความสุข ภายใต้โครงการที่มีแนวคิดสร้างสรรค์ และสร้างแรงบันดาลใจ

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Company Mission

“Creative Home” “Good Care” “Happiness Residents”

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Company Mission

“Creative Home”

  • LED Motion Sensor Lighting
  • USB Port Charger
  • CCTV + Mobile App
  • Fiber Optic Network

“Good Care”

The Best After-Sales Services

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Company Mission

“Sustainable Happiness”

  • Wastewater treatment/renovation
  • Waste segregation
  • Vegetable garden
  • Solar Cell adaptation
  • Jogging & Bicycle lanes
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Key Profile

*As of Mar 14, 2017

Areeya at Glance

  • A leader in residential development business in Thailand.
  • A leader in technologies and innovation in the field of

engineering, construction and operation.

  • Registered Capital 1,200 Million baht (Paid-up Capital 980 Million baht)
  • Market Capitalization 6,370 Million baht
  • First Trading Day on April 1, 2004
  • Dividend Policy ~ 40% of the Company’s net profit
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Key Milestones

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  • Started to deliver

Condominium

  • Brand Awareness for

product champion

  • Increase Market Share
  • Increase Net Profit
  • Sustainable Growth

Revenue & Profit

  • Sustainable Growth

Revenue & Profit

2015 2016 2017 2018

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Low-rise High-rise

THB 15,185 million THB 21,573 million

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Residential

*Port Value (Active & Future Project).Approximately 36,758 Mb. as of December 31, 2016

Product & Service Type of Product :

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The Color 1 Parking

The Village Areeya Como

The c

Single-Detached House Townhome/Semi-Detached

The Color The Village

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Product & Service Type of Product : Low-Rise Project : Product Champion

Areeya Como The Color Premium

Townhome Townhome

The Color Premium 2 Parking

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A Space I.D. A Space ME Bangna

A Space ME Sukhumvit 77 Soontareeya Residence

Luxury A Space I.D.

A Space ME Rattanatibate

A Space Me

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Areeya Chalermnit Sukhumvit 53

Product & Service Type of Product : High-Rise Project : Product Champion

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Kanjanapisak – Ratchapruek Zone

The Colors /The Village The Village Cottage

ASPME Rattanathibet

Location

Soontareeya Residence

Wongwaen – Ratchapruek Zone

The Colors/The Village/Como

A Space ID

Donmuang – Songprapa Zone

The Colors / SDH

Bangna Zone

ASPME Bangna/ The colors/ The Village/ Como

Rangsit-Lumlukkha

Klong4

The Colors

Wongwaen – Ramintran Zone

The Colors/Como

ASP ME SKV 77

Areeya Chalermnit SKV 53

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No. Projects

  • No. of

Units Project Value (MB) Launch Realized Period % Transfer

12 New-launched projects in 2016 1,750 5,176 1

Areeya Metro Donmuang – Songprapa 20 176 1Q16 1Q16 15%

2

Areeya Como Ladkrabang – suvarnabhumi 33 243 1Q16 2Q16 24%

3

Areeya Como Wongwaen – Ratchapruek 115 497 2Q16 3Q16 3%

4

The Color Premium Wongwaen – Ratchapruek 265 615 2Q16 2Q16 24%

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The Color Wongwaen – Ratchapruek 225 515 2Q16 2Q16 16%

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The Color Premium Kanjanapisek – Ratchapruek 2 115 257 2Q16 2Q16 57%

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The Village Bangna – Wongwaen 2 167 768 2Q16 4Q16 11%

8

Areeya Brigg Rangsit – Lumlukkha 8 35 3Q16 3Q16 50%

SDH/Twin House

Townhome

New-launched projects in 2016

as of December 31, 2016

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No. Projects

  • No. of

Units Project Value (MB) Launch Realized Period % Transfer

12 New-launched projects in 2016 1,750 5,176

9 The Color Rangsit - Klong 4 342 939 3Q16 3Q16 8% 10 The Village Kanjanapisek – Ratchapruek 2 128 433 3Q16 4Q16 1% 11 The Place Kanjanapisek – Ratchapruek 2 117 225 3Q16

  • 12

The Color Kanjanapisek – Ratchapruek 2 215 473 4Q16 4Q16 1%

Townhome

New-launched projects in 2016

as of December 31, 2016

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Project Value of Stock & Backlog

Current Future Total Product type

  • No. of

Project Amount (MB)

  • No. of

Project Amount (MB)

  • No. of

Project Amount (MB) SDH/Twin House 11 2,720 1 2,500 12 5,220 Townhome 30 5,415 6 4,550 36 9,965 Condominium 8 4,623 4 16,950 12 21,573 Total 49 12,758 11 24,000 60 36,758

Current Project Y2016 and Future Project Y2017

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Agenda

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Company Introduction Business Highlights Financial Highlights Future Outlook Q & A

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Economic Overview

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Y2016 Thai economy grew by 3.2 percent, improving from 2.9 percent in 2015 Y2017 The overall economic outlook for Thailand looks set to mirror that of the past year, with the Bank of Thailand (BOT) maintaining its economic growth forecasts of 3.2% for 2017.

Source: http://www.nesdb.go.th Source: Residential market| 4Q 2016 Bangkok | CBRE (Thailand)

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Industry Overview

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  • The anemic residential market in 2016 forced most property developers

to focus on marketing unsold residential units and delay new projects.

  • Overall, the total number of newly launched condominium units in 2016

decreased from 2015 both in the downtown and midtown/suburban areas.

  • Demand for condominium units in Bangkok continued to be weak as low

to middle-income end-users continue to face challenges in getting mortgage loans. Most developers were more focused on the above- middle level market (an average selling price of more than THB100,000/sq m.)

  • Big name and well-known developers were looking for new buyer groups

when Thai buyers were dropping, especially foreign buyers from Asian countries.

  • major property developers and investors may use their advantages to

venture into other businesses, e.g., property management services, or perhaps develop mixed-used projects to diversify their income streams. Medium-sized property developers may seek to enhance their competitiveness by forming joint ventures with international partners.

  • Going forward in 2017, Bangkok condominium market will continue to be

slow as there are no signs of an immediate economic recovery and bank's tightening mortgage criteria.

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Financial

  • Customer’s credit management
  • Cash Management
  • GP Ratio, NP Ratio and D/E ratio
  • Brand Recognize
  • After Sales Service
  • Community Relationship
  • Corporate Social Responsibility
  • Budget control
  • Cost management
  • Inventory management
  • High Inventory Turnover
  • People efficiency

Business Highlights 2017

“Sustainable Growth”

Operation

Development

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Corporate Social Responsibility

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“Sustainable Happiness” รักษ์โลก รักเรา โครงการน าร่อง รักษ์โลก รักเรา

กิจกรรมตลาดนัดธรรมชาติ ส่งเสริมกลุ่ม เกษตรกรที่เน้นการปลูกผักแบบอินทรีย์ปลอด สารพิษได้น าผลผลิตมาจัดจ าหน่าย ที่ Pickadaily Bangkok ซึ่งเป็นพื้นที่ ของทางบริษัทฯ โดยไม่คิดค่าใช้จ่าย ปรับสวนในพื้นที่ส่วนกลางในโครงการ จากสวนสวยให้เป็น สวนสวยงามปลอดสารพิษ นิทรรศการตามรอยพ่อ และการเสวนาหัวข้อ ต่างๆ เพื่อสื่อสารให้ผู้สนใจได้เข้าถึงและ เข้าใจในแนวทางการใช้ชีวิตและการพึ่งพา ตนเองตามวิถีเศรษฐกิจพอเพียง

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Corporate Social Responsibility

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Heart@home : Child and Senior activities / Family activities DIY / Areeya Family Party

Child activities Age Friendly Business Areeya Family Party

Provide a learning center for children and safe construction area.

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Agenda

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Company Introduction Business Highlights Financial Highlights Future Outlook Q & A Financial Highlights

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Sales of House & Condominium

3,858 4,508 3,718 6,873 8,015 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 2012 2013 2014 2015 2016

MB

85% 17%

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Revenue by Product

500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500 6,000 2012 2013 2014 2015 2016

65 154 1,210

Townhome Single Detached House Condominium House + Condominium

11%

MB

Land

2,437

Total revenue

1,773 1,768 5,398 4,643 4,643 4,188 2,283 1,708 1,768

83%

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Gross Profit

MB 655 664 794 1,383 1,588 36.85% 37.64% 32.58% 25.61% 34.17% 10.00% 15.00% 20.00% 25.00% 30.00% 35.00% 40.00% 45.00% 50.00% 200 400 600 800 1,000 1,200 1,400 1,600 2012 2013 2014 2015 2016 Gross Profit % GP %

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S&A Expenses and Finance Cost

252 304 320 536 519 278 288 394 436 524 62 91 145 166 237 14% 18% 14% 13% 11% 16% 17% 17% 10% 11% 4% 5% 6% 4% 5% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20%

  • 100

200 300 400 500 600 2012 2013 2014 2015 2016 Selling Exp. Administrative Exp. Fin Exp. % Selling Exp. % Admin Exp. % Fin Exp.

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Net Profit

MB. 94 14 41 217 263 5.14% 0.76% 1.61% 3.97% 5.57% 0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 50 100 150 200 250 300 2012 2013 2014 2015 2016 Net Profit % NP %

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EPS

Baht 0.12 0.02 0.04 0.22 0.27 0.05 0.1 0.15 0.2 0.25 0.3 2012 2013 2014 2015 2016

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D/E Ratio and Net Debt/E Ratio

6,866 8,992 11,957 12,861 13,516 4,371 6,133 9,083 9,771 10,201 2,496 2,859 2,874 3,090 3,314 1.75 2.15 3.16 3.16 3.08 1.59 1.92 2.82 2.83 2.79 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50

  • 2,000

4,000 6,000 8,000 10,000 12,000 14,000 16,000 2012 2013 2014 2015 2016 Assets Liabilities Shareholder's Equity D/E Ratio ND/E Ratio

MB. Time.

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Agenda

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Company Introduction Business Highlights Financial Highlights Future Outlook Q & A

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Future Outlook

Low-rise

4Q16 1Q17 2Q17 3Q17 4Q17

23 Projects 26 Projects 28 Projects 29 Projects 30 Projects

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Future Outlook

4Q16 1Q17 2Q17 3Q17 4Q17

High-rise

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Target Growth Y2017

Mb. 3,313 1330 4,643 1000 2000 3000 4000 5000 6000 7000 Low Rise High Rise Total 2016 2017

39% 35% 38%

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Future outlook (Areeya New Launched Projects 2017)

CHALERMNIT BY AREEYA S O O N T A R E E Y A R E S I D E N C E

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Future outlook (Areeya New Launched Projects 2017)

CHALERMNIT BY AREEYA

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Agenda

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Company Introduction Business Highlights Financial Highlights Future Outlook Q & A

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Home is Happiness, pride, a resting space and everything in our lives. Areeya Property Public Company Limited. Address : 999 Praditmanutham Rd., Saphansong, Wangthonglang Bangkok 10310 Telephone : 02-798-9999 Fax : 02-798-9990 Website : www.areeya.co.th