Business Briefing FY 2017 As at 31 st December 2017 Disclosed date : - - PowerPoint PPT Presentation

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Business Briefing FY 2017 As at 31 st December 2017 Disclosed date : - - PowerPoint PPT Presentation

Oct 26, 2023 271 likes •514 views

Business Briefing FY 2017 As at 31 st December 2017 Disclosed date : 26 th February 2018 www.PCSGH.com | IR@PCSGH.com P .C.S. Precision Works Co., Ltd. PCW Products : >200 part number More Than 1,700 machines Turning 300 Units

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SLIDE 1

Business Briefing FY 2017

As at 31st December 2017

Disclosed date : 26th February 2018

www.PCSGH.com | IR@PCSGH.com

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SLIDE 2

P .C.S. Precision Works Co., Ltd. – PCW

www.PCSGH.com | IR@PCSGH.com

Products : >200 part number

More Than 1,700 machines

Turning 300 Units Machine Center 300 Unit Grinding Center 150 Unit Gear Generator 28 Unit Gear Shaving 14 Units Gear Grinding 2 Units Gear Honing 6 Units Heat Treatment 8 Units Others 700+ Units

Turning Center Machine Heat Treatment : Carburizing, Nitriding, Induction Hardening and etc. Cam Grinding Machine Gear Honing Machine

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SLIDE 3

P .C.S. Die Casting Co., Ltd. – PCD

www.PCSGH.com | IR@PCSGH.com High Pressure Die Casting (HPDC) 18 Units

2,500 Ton 6 Units

  • Maximum Die Size:

1,800 x 1,800 x 1,500 mm.

  • Component Size

Range: 0.1 kg. – 20 kg. 1,850 Ton 1 Unit 1,650 Ton 1 Unit 900 Ton 5 Units 350 Ton 6 Units Machine Center 198 Units Robot 64 Units

  • Products

Heat Treatment Die Design & Making Casting Design & Simulation Impregnation Shot Blasting

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SLIDE 4

P .C.S. Forging Co., Ltd. – PCF

www.PCSGH.com | IR@PCSGH.com

Forging Machine 8 Units

6,000 T

  • n

1 Unit

  • Maximum Mold Size:

2,500 x 2,500 x 1,500 mm.

  • Component Size Range:

0.17 kg. – 40 kg. 4,000 T

  • n

1 Unit 2,500 T

  • n

2 Units 1,600 T

  • n

2 Units 1.000 T

  • n

1 Unit 700 T

  • n

1 Unit

Products

Forging Machine Heat Treatment Shot Blast Magna Flux Inspection Forging Design & Simulation Mold Design & Making

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SLIDE 5

Products – Power Train System

www.PCSGH.com | IR@PCSGH.com

Final Drive Engine Transmission Chassis

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SLIDE 6

Passenger Pickup – OEM Big Bike Big Truck Pickup –Tier I Non-Auto

Value Customers

www.PCSGH.com | IR@PCSGH.com

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SLIDE 7

Thailand Automotive Industry Updates

2014 2015 2016 2017 39.4 37.0 32.6 31.0 42.8 39.1 32.4 39.8

Sales During Motor Show / Motor Expo

Motor Show Motor Expo

+ 22.9% Y-Y

www.PCSGH.com | IR@PCSGH.com

2014 2015 2016 2017

1.88 1.91 1.94 1.99 1.11 1.12 1.10 1.13

Vehicle Production

Total Vehicle 1-Ton Pickup

+ 2.3% Y-Y

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SLIDE 8

Thailand Automotive Industry Updates

www.PCSGH.com | IR@PCSGH.com

2014 2015 2016 2017

1.11 1.12 1.10 1.13 0.42 0.40 0.39 0.42

1 – Ton Pickup

Production Domestic Sales

+ 2.5% Y-Y

2013 2014 2015 2016 2017

2.46 1.88 1.91 1.94 1.99 1.13 1.13 1.20 1.19 1.14 1.33 0.88 0.80 0.77 0.87

Total Vehicles

Production Export Domestic Sales

+ 2.3% Y-Y

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SLIDE 9

www.PCSGH.com | IR@PCSGH.com

1,055.3 885.5 865.5 901.0 986.9 935.8 1,033.9 970.9

Sales 2016 – 2017 (mil. THB)

7.8% Y – Y

  • 6.1% Q – Q

Sales Performance

2014 2015 2016 2017

4,013.9 4,092.3 3,707.3 3,927.5

Sales 2014 – 2017 (mil. THB)

5.9% Y – Y 9

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SLIDE 10

www.PCSGH.com | IR@PCSGH.com

Sales by BU FY2017

10 PCW 63.7% PCD 35.9% PCF 0.4%

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SLIDE 11

www.PCSGH.com | IR@PCSGH.com

Sales by Segment FY2017

11 Pickup 97.1% Non Pickup 2.9%

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SLIDE 12

Sales by Category FY2017

www.PCSGH.com | IR@PCSGH.com

Engine 96.1% Non-Engine 3.9% 12

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SLIDE 13

Sales by End-Customer FY2017

www.PCSGH.com | IR@PCSGH.com

Mitsubishi 24.7% Ford/Mazda 24.0% Isuzu 18.6% T

  • yota

10.9% Nissan 10.2% GM 6.7% Others 5.0% 13

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SLIDE 14

www.PCSGH.com | IR@PCSGH.com

Gross Profit Margin Bridge Y –Y

19.4% 19.8% 0.8% 3.9% 0.2% 2.8% 1.3%

Q4 (in % of Sales)

13.9% 19.6% 2.0% 3.0% 1.4% 0.6% 0.1%

FY (in % of Sales)

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SLIDE 15

www.PCSGH.com | IR@PCSGH.com

129.6 49.1 60.4 142.9 150.6 160.7 170.8 159.3

Net Profit 2016 – 2017 (mil. THB)

  • 6.7% Q – Q

11.5% Y – Y

Performance : Net Profit

2014 2015 2016 2017

717.2 541.7 382.1 641.5 Net Profit 2014 – 2017 (mil. THB) 67.9% Y – Y

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SLIDE 16

www.PCSGH.com | IR@PCSGH.com

266.6 186.6 199.4 280.1 281.7 276.8 288.8 273.6

EBITDA 2016 – 2017 (mil. THB)

  • 2.3% Y – Y
  • 5.2% Q – Q

Performance : EBITDA

2014 2015 2016 2017

1,278.0 1,141.5 932.7 1,120.9 EBITDA 2014 – 2017 (mil. THB) 20.2% Y – Y

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SLIDE 17

Financial Statement

www.PCSGH.com | IR@PCSGH.com

Previous Balance 1,062.5 Net Cash Flow 1,497.9 Operating 1,205.8 Investing 343.4 Financing 427.0

Statement of Cash Flow (mil.THB)

Balance Cash In Flow Cash Out Flow

Assets 5,544.0 Equities 5,097.6 Liabilities 446.4 Statement of Financial Position (mil.THB)

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SLIDE 18

Financial Ratio

Q4.2017 Q3.2017 Q4.2016

0.42 0.41 0.25

EPS (THB/Share)

2.6% Q – Q 67.9% Y – Y

www.PCSGH.com | IR@PCSGH.com

ROA ROE

12.1% 12.9% 12.0% 12.9% 7.3% 7.8%

Q4.2017 Q3.2017 Q4.2016

0.2% Q – Q

  • 0.1%

Q – Q 5.0% Y – Y 4.8% Y – Y

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SLIDE 19

Events in FY2017

Q2.2017

  • Increase 2 Directors to be 11 Board

Members Q3.2017

  • Certified by CAC
  • All 4 companies Rewarded at

National Level for the Excellence of Employee Relation from Ministry of Labor

  • Certified of Good Labor Practice

from Ministry of Labor Q4.2017

  • CG Score from IOD & SET for 4

Logos

  • Thailand Sustainability Investment

2017 (THSI) for the 2nd year

  • Awarded the 2,000 mil. THB Value of

the EV’s Parts Program

  • Started the Assets Purchasing Process

in Europe

www.PCSGH.com | IR@PCSGH.com

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SLIDE 20

Oversea Investment Update

Anticipated Synergy Creation

  • All Assets are in

Very Good Condition and in use

  • Ease to improve – Same Process

(Precision Machining, Die Casting)

  • High Potential Products (Parts of Turbo

Charger / Super Charger)

  • Located in the Center of Development

and Manufacturing of E-Mobility

  • Close to Current and Potential

European Customers

www.PCSGH.com | IR@PCSGH.com

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PCSGH PCW PCD PCF

PCSGH

GmbH

PCW-G GmbH

PCW-HU KFT

Remarks

  • G: Germany
  • HU: Hungary

Planed for deal closing and transfer the initial assets at the beginning of April 2018

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SLIDE 21

Outlook

www.PCSGH.com | IR@PCSGH.com

Awarded Program Life

(years)

Application

(P/N = Part Number)

Starting Value

(milTHB)

2018 Q1

1,200

4 – 8

Passenger (3 P/N) Non Auto (4 P/N)

2018 Q2

400

4 – 8

Pickup (1 P/N) Passenger (1 P/N) Non Auto (2 P/N) Big Truck (1 P/N)

2018 Q3

200

4 – 8

Passenger (3 P/N) Non Auto (1 P/N) Big Truck (1 P/N)

2018 Q4

100

4 – 5

Passenger (4 P/N)

  • AGM: 27th Apr 2018
  • Time: 14:00
  • Place: Suranaree A Rm; The Imperial

Hotel & Convention Center Korat

  • XM: 12th Mar 2018
  • Dividend 0.17 THB/Share
  • XD: 4th May 2018
  • Record Date: 7th May 2018
  • Pay Date: 18th May 2018

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SLIDE 22

Thank You

www.PCSGH.com | IR@PCSGH.com

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