Operating Performance For the period of 6 months ended 30 June 2019 - - PowerPoint PPT Presentation

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Operating Performance For the period of 6 months ended 30 June 2019 - - PowerPoint PPT Presentation

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Operating Performance For the period of 6 months ended 30 June 2019 -1- CG Score: Part 1 Nature of Business Operation Part 2 Competition Strategy Part 3 Financial Highlights Opportunity Day -2- September 30, 2019 CG Score : Part 1

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SLIDE 1

Operating Performance

For the period of 6 months ended 30 June 2019

  • 1-
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SLIDE 2

 Part 1 Nature of Business Operation  Part 2

Competition Strategy

 Part 3

Financial Highlights

CG Score:

  • 2-

Opportunity Day

September 30, 2019

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SLIDE 3

Part 1

Nature of Business Operation

CG Score:

  • 3-

Opportunity Day

September 30, 2019

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SLIDE 4

4. Automotive plastic parts and painting parts

windshield washer tank, radiator coolant reserve tank, air duct, lid, spoiler, gear cover

3. Consumer goods & Agro chemical packaging

bathroom & sanitary ware cleaner, floor cleaner, dishwashing liquid, fabric softener; talcum powder; pesticide, herbicide and others.

1. Lubricant packaging

sized 0.5, 0.8, 1, 3, 4, 5 and 6 Lt, and larger ones sized 18 and 20 Lt

2. Milk and yoghurt milk packaging sized 80 ml, 100 ml, 190 ml,

200ml, 450 ml, 830 ml, 2 Lt, and 5 Lt

CG Score:

  • 4-

Opportunity Day

September 30, 2019

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SLIDE 5
  • 1. Lubricant packaging
  • 2. Milk and yoghurt milk packaging
  • 3. Consumer goods packaging & Agro chemicals packaging
  • 4. Automotive plastic parts

CG Score:

  • 5-

Opportunity Day

September 30, 2019

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SLIDE 6

Part 2

Competition Strategy

CG Score:

  • 6-

Opportunity Day

September 30, 2019

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SLIDE 7

“Panjawattana Plastic as one of the largest plastic manufacturing based in Thailand, we determine to become the most successful plastic manufacturer not only in Thailand but also in the region. With our strong believe in building solid partnership with our customers and suppliers, we will be the most competitive and trustable corporate that produce to serve with the dynamic needs of our customers in the plastic world.” “We will proactively seek growth and profitable opportunities in market segments for which we can use our manufacturing capabilities to serve and to win the competition through business model supremacy. Our intent is to be the recognized leader by our customers in providing value through manufacturing capabilities and strive to dominate the markets we operate in or enter. We will do this in multiple market segments where manufacturing proximity can be an additional competitive advantage.”

CG Score:

  • 7-

Opportunity Day

September 30, 2019

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SLIDE 8

 We are as Supporting Industry with Reliable Partnership with

  • ur Customers

 Positioning as “Solution Provider” to increase value added to

  • ur customers
  • Design with concerning of customers’ total packaging cost
  • Co-operate and join product develop as 1st Tier supplier

in automotive parts customers

  • Sustainability for quality system maintenance
  • Having high standard “Clean Room” for food plastic packaging

 Manage under Company’s culture with TPM (Total Productive

Maintenance)

CG Score:

  • 8-

Opportunity Day

September 30, 2019

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SLIDE 9

emphasize on the quality of product designs, procurement of raw materials according to each customer’s specifications, production process control, and inspection of the finished products emphasizes on control and delivery of the products to its customers as scheduled and uninterruptedly as a way to boost customers’ confidence in the Company’s

  • perations

able to produce and supply products that meet its customers’ demand in volume and in time as specified by the customers is able to increase or expand its production capacity to serve its customers’ business growth and expansion. It can produce in higher volumes on request of the customers continuously develop its production process and cost management to enhance its competiveness and attract more customers

  • Ability to adjust or increase production capacity to meet

customers’ demand

  • Long term relationship with customers
  • Confidentiality of customers’ information

Quality of the products

Punctual delivery of products Production stability

Ability to increase/expand production capacity

Process development with cost management Maintain relationship with customers

CG Score:

  • 9-

Opportunity Day

September 30, 2019

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SLIDE 10

Part 3

Financial Highlights

CG Score:

  • 10-

Opportunity Day

September 30, 2019

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SLIDE 11

Sales Portion

6M/2019

Milk & Yogurts Packaging 13% Automotive Parts 32% Lubricant Packaging 48% Consumer, Household & Chemical Packaging 7%

CG Score:

  • 11-

Sales Portion

Q2/2019

Milk & Yogurts Packaging 14% Automotive Parts 33% Lubricant Packaging 47% Consumer, Household & Chemical Packaging 6%

Opportunity Day

September 30, 2019

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SLIDE 12

Lubricant Automotive parts Milk & Yogurts Consumer, Household & Chemical Overall CG Score:

442.50 341.62 375.19

Q2/2018 Q2/2019 Q1/2019

  • 23%

M.Baht

852.50 716.82

6M/2018 6M/2019

  • 16%
  • 9%
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SLIDE 13

Lubricant

Automotive Parts

Milk & Yogurts Consumer, Household & Chemical Overall

  • 12 -

CG Score:

176.10 241.24 234.35

Q2/2018 Q2/2019 Q1/2019 37%

M.Baht

348.39 475.58

6M/2018 6M/2019 37% 3%

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SLIDE 14

Lubricant Automotive Parts

Milk & Yogurts

Consumer, Household & Chemical Overall

  • 12 -

CG Score:

84.53 104.09 100.54

Q2/2018 Q2/2019 Q1/2019

M.Baht

172.00 204.63

6M/2018 6M/2019 19% 23% 4%

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SLIDE 15

Lubricant Automotive Milk & Yogurts Consumer, Household & Chemical Overall

CG Score:

65.53 46.68 61.84

Q2/2018 Q2/2019 Q1/2019

M.Baht

113.83 108.52

6M/2018 6M/2019

  • 5%
  • 25%
  • 29%
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SLIDE 16

Lubricant Automotive Milk & Yogurts Consumer & Household Chemical Overall CG Score:

768.66 733.63 771.92

Q2/2018 Q2/2019 Q1/2019

M.Baht

1,486.72 1,505.55

6M/2018 6M/2019

  • 5%

1%

  • 5%

Overall – Excluding Project income

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SLIDE 17

2,694.96 2,986.46 770.09 859.85 500 1000 1500 2000 2500 3000 3500 2017 2018 Q2/2018 Q2/2019

Total Revenue and Growth Rate

330.80 357.36 90.16 104.00

12.27% 11.97% 11.71% 12.09% 0% 2% 4% 6% 8% 10% 12% 14% 0.00 50.00 100.00 150.00 200.00 250.00 300.00 350.00 400.00 450.00 2017 2018 Q2/2018 Q2/2019

Operating Expense and Portion by Revenue

10.82% 11.66%

2,295.20 2,597.06 662.96 627.37 14.65% 12.55% 13.75% 14.48% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 500 1000 1500 2000 2500 3000 2017 2018 Q2/2018 Q2/2019 COGS Gross Profit Margin

Cost of Good Sold & GP Margin

33.96

  • 11.75

8.11

  • 1.45

1.26%

  • 0.39%

1.05%

  • 0.17%
  • 20%
  • 15%
  • 10%
  • 5%

0% 5% 10%

  • 50.00

0.00 50.00 100.00 150.00 200.00 250.00 300.00 2017 2018 Q2/2018 Q2/2019 Net Profit Net Profit Margin

Net Profit & NP Margin

M.Baht M.Baht M.Baht

17

  • 17-

M.Baht

  • 17-
  • 17-

Opportunity Day

September 30, 2019

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SLIDE 18

2,694.96 2,986.46 1,490.65 1,639.70 500 1000 1500 2000 2500 3000 3500 2017 2018 6M/2018 6M/2019

Total Revenue and Growth Rate

330.80 357.36 172.82 182.56

12.27% 11.97% 11.59% 11.13% 0% 2% 4% 6% 8% 10% 12% 14% 0.00 50.00 100.00 150.00 200.00 250.00 300.00 350.00 400.00 450.00 2017 2018 6M/2018 6M/2019

Operating Expense and Portion by Revenue

10.82% 10%

2,295.20 2,597.06 1,284.22 1,276.08 14.65% 12.55% 13.62% 15.24% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 500 1000 1500 2000 2500 3000 2017 2018 6M/2018 6M/2019 COGS Gross Profit Margin

Cost of Good Sold & GP Margin

33.96

  • 11.75

15.00 34.19 1.26%

  • 0.39%

1.01% 2.08%

  • 20%
  • 15%
  • 10%
  • 5%

0% 5% 10%

  • 50.00

0.00 50.00 100.00 150.00 200.00 250.00 300.00 2017 2018 6M/2018 6M/2019 Net Profit Net Profit Margin

Net Profit & NP Margin

M.Baht M.Baht M.Baht

18

  • 18-

M.Baht

  • 18-
  • 18-

Opportunity Day

September 30, 2019

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SLIDE 19

36.82 38.09 17.94 23.29 0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00

2017 2018 6M/2018 6M/2019

M.Baht

Financial Cost Loan Portion

Short Term Loan 62% Long Term Loan 38%

2,557.76 2,890.60 2,819.63 500 1000 1500 2000 2500 3000 3500 2017 2018 6M/2019

  • 2.46%

Total Assets at 30 June 2019

M.Baht 1,519.02 1,874.51 1,821.84 1,038.75 1,016.09 997.79 200 400 600 800 1000 1200 1400 1600 1800 2000 2017 2018 6M/2019

Total liabilities Total Equities

1.83 D/E 1.46 1.84

M.Baht

Total Liabilities & Total Equities at 30 June 2019

At 30 June 2019 Total loan 1,227.28 M.Baht

13.01%

CG Score:

19

  • 19-

Opportunity Day

September 30, 2019

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SLIDE 20

CG Score:

Liquidity Ratio

2017 2018 6M /2018 6M /2019

Current Ratio (times)

0.90 0.83 0.83 0.72

Account Receivable Turnover (times)

5.27 4.86 4.64 4.53

  • Avg. A/R day on hand (days)

63.34 74.05 77.58 79.48

Inventory Turnover (times)

8.59 9.16 9.24 8.38

  • Avg. Inventory day on hand (days)

41.91 39.29 38.95 42.94

Account Payable Turnover (times)

5.58 4.89 4.44 4.57

  • Avg. A/P day on hand (days)

64.49 73.66 81.00 78.78

Cash Cycle Period (days)

45.76 39.69 35.53 43.63

Profitability Ratio Gross Profit Margin (%)

14.65 12.55 13.62 15.24

Net Profit Margin (%)

1.26

  • 0.39

1.01 2.08

Return On Equity (%)

3.20

  • 1.15

1.43 3.40

Return On Assets (%)

1.36

  • 0.43

0.57 1.20

Return On Fixed Assets (%)

12.79 10.01 6.20 7.25

Total Assets Turnover (times)

1.08 1.10 1.06 1.10

(Financial Policy Ratio) Debt to Equity Ratio (times)

1.46 1.84 1.57 1.83

Interest Coverage Ratio (times)

7.08 5.26 8.42 8.30

20

  • 20-

Opportunity Day

September 30, 2019

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SLIDE 21

Q&A

CG Score:

  • 21-

Opportunity Day

September 30, 2019