Opportunity Day 3Q2018 - - PowerPoint PPT Presentation

Opportunity Day – 3Q2018

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

สรุปผลการด าเนินงานไตรมาส 3/2018

2

• รายได้รวมจากธุรกิจหลักโตขึ้น +14.5%QoQ และ

+20.1%YoY หลักๆ มาจากรายได้จากโรงแรมที่โตขึ้น +24.7%QoQ และ +50.1%YoY จากการรวมรายได้ จาก ROH

• มีรายได้จากการขายที่ดิน 863.77 ลบ.
• ก าไรสุทธิที่ 172 ล้านบาทเพิ่มขึ้น 19%YoY และ

12%QoQ

3,842 3,469 3,699 519 647 431 74 98 97 864 153 172 144 130 135 140 145 150 155 160 165 170 175 1,000 2,000 3,000 4,000 5,000 6,000 2Q2018 3Q2018 3Q2017

Property Biz Hotel Biz Rental & Retail Biz Land Sales Net Profit (Equity holders of the company)

4,436 5,078 4,228

Btm

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

2,899

3,312

2,899 1,527

2,099

1,527 296 167 171

1000 2000 3000 4000 5000 6000 2Q2018 3Q2018 3Q2017

SDH&TH Condo (PF) Condo (GRAND)

4,028

5,578

4,722

Property Business - Presales

(+5%QoQ, +55%YoY)

+14%QoQ, +22%YoY +37%QoQ, +82%YoY

• 43%QoQ, -2%YoY

Btm

สรุปผลการด าเนินงานไตรมาส 3/2018

• สุขุมวิท77-สุวรรณภูมิ
• กรุงเทพกรีฑา
• รามอินทรา 3
• สุขุมวิท77 (8)
• แจ้งวัฒนะ
• ร่มเกล้า 5
• รังสิต 2
• ราชพฤกษ์ - ติวานนท์
• ปิ่นเกล้า-สาย 5
• บางใหญ่
• แจ้งวัฒนะ 3
• สุขุมวิท 77

Total (Project) 1 13 Total (MB.) 160 13,278

• แจ้งวัฒนะ 2
• ปทุมธานี

2018 Q1 Q2 Q3

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

4 2,899

3,312

2,899 1,527

2,099

1,527 296 167 171

1000 2000 3000 4000 5000 6000 2Q2018 3Q2018 3Q2017

SDH&TH Condo (PF) Condo (GRAND)

4,028

5,578

4,722

Property Business - Presales

(+5%QoQ, +55%YoY)

+14%QoQ, +22%YoY +37%QoQ, +82%YoY

• 43%QoQ, -2%YoY

Presales 9M2018 vs Target

Btm Btm

สรุปผลการด าเนินงานไตรมาส 3/2018

8,164 71% 4,931 51% 13,095 62% 11,500 9,700 21,200

5,000 10,000 15,000 20,000 25,000

SDH&TH Condo Total Transfer Target

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

5

2,075 2,137 1,924 1,009 1,026 1,097 758 306 94

• 500

1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 2Q2018 3Q2018 3Q2017

SDH&TH Condo (PF) Condo (GRAND)

3,699

3,469

3,842

Property Business - Revenues

• 6.2%YoY, -9.7%QoQ
• 6%YoY, +11%QoQ
• 23%YoY, -6%QoQ

+225%YoY, -60%QoQ

Revenues vs Target

Btm Btm

สรุปผลการด าเนินงานไตรมาส 3/2018

6,138 68% 4,196 58% 10,334 64% 9,000 7,200 16,200

2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000

SDH&TH Condo Total Transfer Target

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

6

สรุปผลการด าเนินงานไตรมาส 3/2018

3,614 2,521 613 By Year 2018 2019 2020

2019

SDH&TH Bt1,823M 50.44% Condo Bt1,791M 49.56%

Total backlog ended 3Q2018 is Bt6,748 M

Bt6,748 M

2020 2018

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

7 140 380

173 501

166 265

• 100

200 300 400 500 600

Revenue Japan Revenue Local

2Q2018 3Q2018 3Q2017

Hotel Business

(+32%QoQ, +89%YoY) (+24%QoQ, +4%YoY)

Revenue vs Target

2,107, 60% 3,530 1,423 9M2018 Target 2018

4Q2018

• ในไตรมาสที่ 4 จะมีรายได้จากโรงแรม Hyatt Regency เข้ามา

Btm

สรุปผลการด าเนินงานไตรมาส 3/2018

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

8 74

98

97

20 40 60 80 100 120

Revenue

2Q2018 3Q2018 3Q2017

+32%QoQ, +1%YoY

Rental and Service Business Revenue vs Target

250, 69% 360

110 9M2018 Target 2018

4Q2018

Btm

สรุปผลการด าเนินงานไตรมาส 3/2018

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

9

Gross Profit Margin (%)

34.5% 36.6% 36.4% 45.5% 19.5%

• 4.3%

33.0% 26.3% 38.9% 49.3% 25.2% 9.1% 32.0% 34.2% 34.7% 16.0% 10.0%

Overall GM SDH+TH Condo Land Sale Hotel Rental & Service

2Q2018 3Q2018 3Q2017

สรุปผลการด าเนินงานไตรมาส 3/2018

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

10 27.9% 10.2% 17.6% 24.8% 9.9%

14.9% 26.0% 10.5% 15.6%

SG&A / Sales Selling / Sales Admin / Sales

2Q2018 3Q2018 3Q2017

SG&A / Sales (%)

สรุปผลการด าเนินงานไตรมาส 3/2018

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

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สรุปผลการด าเนินงานไตรมาส 3/2018

• ก าไรสุทธิไตรมาส 3/2018 อยู่ที่ระดับ 170 ล้านบาท เพิ่มขึ้น18% เทียบกับช่วงเวลาเดียวกันของปี 2017 Net profit margin อยู่ที่ระดับ 3.3%

144.1 125.0 195.3 153.0 170.1

3.4% 2.1% 4.9% 3.3% 3.3%

0% 1% 2% 3% 4% 5% 6% 50 100 150 200 250 3Q2017 4Q2017 1Q2018 2Q2018 3Q2018 Net profit Net profit margin

Btm

518 160 284

100 200 300 400 500 600 9M2018 9M2017 2017 9M2018 9M2017 2017

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

12

Statements of financial position

Financial Positions

30/09/18 31/12/17 Change

%Total Assets Debt bear interest 32,917 27,723 5,194 84.4% Total Equity 15,608 15,255 353 100.0%

Cash + Cash pledge 4,133 4,074 59 Net Liabilities to Equity 2.23 1.86 Net Debt bear interest to Equity 1.84 1.55

สรุปผลการด าเนินงานไตรมาส 3/2018

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

2018 Q1 Q2 Q3 Q4 Oct. Nov. Dec.

• สุขุมวิท77-สุวรรณภูมิ
• กรุงเทพกรีฑา
• รามอินทรา 3
• สุขุมวิท77 (8)
• แจ้งวัฒนะ
• เวสเกต
• ร่มเกล้า 5
• ปทุมธานี
• ปทุมธานี
• แจ้งวัฒนะ
• รังสิต 2
• ราชพฤกษ์ - ติวานนท์
• ปิ่นเกล้า-สาย 5
• บางใหญ่
• แจ้งวัฒนะ 2
• แจ้งวัฒนะ 3
• สุขุมวิท 77
• พัฒนาการ

Total (Project) 1 13 3 1

18 Projects

Total (MB.) 160 13,278 4,092 820

18,350

13

Moving Forward – new projects launch

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

New Projects 2018

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SDH Project Type Lauch 2018 Units Value (MB.) 1 Perfect Place รามอินทรา - วงแหวน 3 SDH Q3 448 2,200 2 Perfect Residence สุขุมวิท 77 - สุวรรณภูมิ SDH Q3 109 1,050 3 Perfect Residence กรุงเทพกรีฑา SDH Q3 39 380 4 Perfect Park แจ้งวัฒนะ SDH Q3 400 1,619 5 Perfect Park ร่มเกล้า - สุวรรณภูมิ (5) SDH Q3 430 2,150 6 Perfect Place สุขุมวิท 77 - สุวรรณภูมิ (8) SDH Q3 217 1,300 7 Perfect Park เวสต์เกต SDH Q4 395 1,600 8 Perfect Park ราชพฤกษ์ - ปทุมธานี SDH Q4 271 1,200 2,309 11,499

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

New Projects 2018

15

DH / TH Project Type Lauch 2018 Units Value (MB.) 1 Metro Biztown แจ้งวัฒนะ 2 CM Q1 29 160 2 Modi Villa ราชพฤกษ์ - ติวานนท์ TH Q3 320 724 3 Modi Villa รังสิต 2 TH Q3 296 680 4 Modi Villa ปิ่นเกล้า - สาย 5 DH / SDH Q3 119 460 5 The Metro ราชพฤกษ์ - ปทุมธานี TH Q3 420 1,000 6 Metro Biztown แจ้งวัฒนะ 3 CM Q3 53 320 7 Modi Villa บางใหญ่ TH / DH Q3 168 415 8 The Metro แจ้งวัฒนะ TH Q4 357 1,292 1,762 5,051

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

New Projects 2018

16

Condo Project Type Lauch 2018 Units Value (MB.) 1 iCondo สุขุมวิท 77 (2) CD Q3 458 980 2 iCondo พัฒนาการ CD Q4 419 820 877 1,800

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

17

10,333 2,107 250 1,129 16,200 3,530 360 2,000 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 Property Biz Hotel Biz Rental & Retail Biz Land sales 9M2018 Target 2018

9M2018 VS Target

Moving Forward - Revenues

Target 9M2018 diff Backlog 4Q2018 Property business 16,200 10,333 5,867 3,614 2,253 Hotel business 3,530 2,107 1,423 1,423 Rental and service 360 250 110 110

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different of the future result. The users of this information should be realized those risk and uncertainties”

ประมาณการรายได้

18

2017 2018F 2018E Total revenues 16,146

100%

22,090

100%

20,630

100%

House and Land 7,455

45%

9,000

37.4%

9,000

44%

Condominium 4,766

29%

7,200

29.9%

6,400

31%

• PF

3,570 5,000 4,500

• GRAND

1,196 2,200 1,900

• @ Japan

Land sale 1,225

7%

2,000

16.6%

1,500

7%

Hotel business 2,323

14%

3,530

14.7%

3,370

16%

• Local

1,093 2,100 2,100

• @ Japan

1,230 1,430 1,270 Rental and service business 344

2%

360

1.5%

360

2%

Construction 32

0%

Total revenue growth +7% +37% +28% Overall GM 33.2% 32.5% 32.5% GM property business 34.6% 35.7% 35.7% GM hotel business 30.9% 30.0% 30.0%

 ปรับลดลงมา 6.6%

Disclaimer: Some statements made in this presentation are subject to various risks and uncertainties. The forward-looking statements are based on our management’s assumptions and beliefs in light of the information currently available to us. These assumptions involve risks and uncertainties which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed. Thus the company shall not response to the different

• f the future result. The users of this information should be realized those risk and uncertainties”

THANK YOU Q&A