PRESENTATION Super Energy Corporation Public Company Limited - - PowerPoint PPT Presentation
Private & Confidential PRESENTATION Super Energy Corporation Public Company Limited September 2018 (Update FS Q2/2018) Private & Confidential AGENDA PART 1 Company Overview On Going Projects Financial Highlights PART 2
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www.superblockthailand.com
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Distribution of Electricity
Maintenance Services (O&M)
Communications Technology
The Company has a vision to become a leading national and regional player in renewable energy electricity production businesses such as solar energy, waste energy or wind energy businesses.
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Chairman to the board
Vice-chairman of the Board of Director and Chairman of the AC Ms.Vanida Majjimanonda Director and AC Ms.Warinthip Chaisungka Director Ms Trithip Sivakriskul Vice-chairman of the AC and Director
Director Ms Sunsiri Chaijareonpat Director
Super Energy Group Co.,Ltd (“SE”) Registered Capital 1,000 MB Super Solar Energy Co.,Ltd (“SSE”) Registered Capital 1,100 MB Open Technology Public Co.,Ltd (“OPEN”) Registered Capital 40 MB Pro Solar One Co., Ltd (“PRO ONE”) Registered Capital 263.25 MB
www.superblockthailand.com
100% 76.25% 100% 100% 6 SOLAR ENERGY
Lemon Gold Farm Co., Ltd (“LEMON”) Registered Capital 1 MB
76%
Super Wind Energy Co., Ltd (“SUPER WIND”) Registered Capital 0.1 MB
100% WIND ENERGY 100%
Super Earth Energy Co., Ltd (“SUPER EARTH”) Registered Capital 1,000 MB
WASTE ENERGY
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100%
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www.superblockthailand.com
Hong Kong
SUPER SOLAR ENERGY (HONG KONG) 1 Co.,Ltd. SSE-HK1 Registered Capital 100,000 HKD SUPER SOLAR ENERGY (HONG KONG) 2 Co.,Ltd. SSE-HK2 Registered Capital 100,000 HKD
Japan
SUPER ENERGY GROUP (HONG KONG) Co.,Ltd. SE-HK Registered Capital 100,000 HKD
100% 100% 100%
SUPER ENERGY–GA JAPAN 1 GK SE-GA JAPAN 1GK Registered Capital 100,000 JPY
75% 100%
SUPER ENERGY JAPAN 2 GK SE-JAPAN 2 GK Registered Capital 100,000 JPY
Singapore
Super Energy (East) Pte Ltd.. SE-EAST Registered Capital 200,000 SGD
100%
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Vietnam
SUPER WIND ENERGY Co.,Ltd. SUPER WIND Registered Capital 100,000 THB SUPER WIND ENERGY CONGLY 1 JOINT STOCK Co. SWEC1 Registered Capital 100,000 HKD
51%
8 150 330 629 975 2,015 2,735 2,735 704 616 402 547
1,000 1,500 2,000 2,500 3,000 3,500 1994 2004 2012 2013 2014 2015 2017
Registered Capital
Paid-up Remaining Unit: MB
Year 28-Feb 31-May 31-Aug 30-Nov 2017 No.1 2018 No.2 No.3 No.4 No.5 2019 No.6 No.7 No.8 No.9 2020 No.10 No.11 No.12
SUPER-W4 Warrants : 5,469,893,121 Unit Amount of : 546,989,312.10 Baht Exercise Price : 2.50 Baht Exercise Ratio : 1 warrants : 1 shares Trading date : 22 September 2017 (SET) Exercise Period :
Investing & Develop of Renewable Energy Power Plant Project in Thailand and Overseas Production and Distribution as grade 4 and grade 6 autoclaved aerated concrete
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Total 3,282
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2014, SUPER Acquisition group ADDER Since 2015, SUPER Acquisition PPA Develop & Construction own group Freed in Tariff
COD by year
Sites COD (MW) Accum, COD 2011 3 6.0 6.00 2012 1 1.0 7.00 2013 1 0.95 7.95 2014 1 5.0 12.95 2015 20 175.5 188.45 2016 96 542.15 730.60 2017 2 10.0 740.60 Q4-2018 7 29.5 770.10 In processing 4 35.9 Total 135 806.0 COD by year
Sites COD (MW) COD 14 June 2018 (Sakaeo) 1 9.00 COD within 2019 (Phichit) 1 9.00 COD within 2020 (Phetchaburi) 1 8.00 In processing PPA (Nongkhai) 1 6.00 In processing (Nonthaburi) 1 16.00 Total 5 48.00
Waste Energy Solar Energy
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Private & Confidential Remark: Excluding Solar 19.9 MW which their PPA have been processing. Excluding Hybrid 16.0 MW which their PPA have been processing. Excluding Waste 16.0 MW which their PPA have been processing. EGAT MEA PEA 93% 6% 1%
ADDER 8, 1% ADDER 6.5, 1% ADDER 3.5, 3%
FiT5.66 , 92%
[CATEGORY NAME], 3%
ADDER 8 ADDER 6.5 ADDER 3.5 FiT5.66 FiT4.12
PPA Type Rate Period Capacity MW COD(MW) ADDER SOLAR 8 10 7.00 7.00 ADDER SOLAR 6.5 10 5.95 12.95 FIT SOLAR 5.66 25 729.15 720.65 ADDER WASTE 3.5 7 9.00 9.00 FIT SOLAR 4.12 25 28.00 FIT WASTE 5.08 25 6.00 ADDER WASTE 3.5 7 17.00 802.10 749.60
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Private & Confidential Remarks: excluding SPP Hybrid 16 MW excluding Solar 19.9 MW excluding Waste 16 MW
Thailand Site MW % SOLAR Central 58 358.75 47% Eastern 59 319.60 42% Southern 10 63.75 8% Northern 4 28.00 4% 131 770.10 100% WASTE Central 2 17.00 53% Eastern 1 6.00 19% Northern 1 9.00 28% 4 32.00 100%
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ELT(อผศ.) = 5 MW Thai Green(หนองบัวล ำภู) = 4 MW PKT Green(ชัยภูมิ) = 4 MW IQ Good(แพร่) = 5 MW Thai Green(กระบี่) = 5 MW SSE(สุรำษฎ์ธำนี) = 5 MW
COD within 31 Dec 2018
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PPA 9 MW VSPP-PEA-56/2558 Installed 9.9 MW Adder Rate 3.50 THB/Unit for 7 years Location Tumbol Nonglum, Amphoe Wachirabarami, PHICHIT Project type Waste Power Plant by RDF Fuel Refuse Derived Fuel : RDF RDF1 : MSW RDF2 : Coarse RDF RDF3 : Fluff RDF 8,000 – 8,200 Ton/Month Technology Step Grate / Stoker JAPAN Tentative COD Date 2019
Industrial Estate Northern Region (Phichit) 47-3-89.1 Rai
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Sanam Chai Khet Project
COD : within Q4/2018
1.50 MW
Phichit Project 9 MW
COD : within Q3/2019
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Nongkhai (Quick Win) Nonthaburi (Quick Win) Phetchaburi PPA 6 MW 16 MW 8 MW VSPP-PEA-001/2560 Installed 8.0 MW 20.0 MW 9.9 MW Rate Fit 5.08 /Unit for 20 years Fit 5.08 /Unit for 20 years Adder 3.50 THB/Unit for 7 years Location Tumbol Phonsawang, Amphoe Mueangnongkhai, Nongkhai Tumbol Khlongkhwang, Amphoe Sainoi, Nonthaburi Tumbol Thasen, Amphoe Banlat, Phetchaburi Land 95-0-56 Rai 57-0-0 Rai 22-1-25 Rai Project type Waste Power Plant Waste Power Plant Waste Power Plant Fuel MSW MSW MSW and RDF 11,400 – 12,000 Ton/Month 30,000 – 36,000 Ton/Month 9,300 – 10,500 Ton/Month Technology Stoker incineration by Hitachi Zosen Pyrolysis and Gasification by Nippon Steel Stoker incineration Tentative COD Year 2020 Year 2021 Year 2021
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Statement of P/L.
Statements of profit and loss For 6 month Q2-18 Q2-17 Q2-18 Q2-17 Q2-18 Q2-17 Revenue from sales 2,763 2,764 2 4
95% 2,768 95% Revenue from government granted-adder 85 83
3% 83 3% Revenue from services 5 3 64 54
2% 57 2% Total Revenue 2,853 2,850 66 58
100% 2,908 100% Cost of the sales of goods
Cost of the rendering of services
Gross profit 1,675 1,704 19 24
58% 1,728 59% Gain(Loss) on foreign exchange rate 23 103
1% 103 4% Other income 24 3
2 25 1% 5 0% Selling expenses
0%
0% Administrative expenses
Finance cost
Profit from investments 53 42
2% 42 1% Profit (loss) before income tax ex. 971 1,024 9 13
902 31% 1,004 35% Income tax expense
0%
0% Profit (loss) for the period 968 1,021 8 11
898 31% 999 34% Profit (loss) others
0%
967 1,021 8 11
896 31% 999 34% Power Technology Others Consolidate Q2-18 Q2-17
Revenue (Unit : MB)
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Cost (Million Baht) Gross Profit (Million Baht)
1,447 1,452 1,402 1,402.32 1,326 1,223 5,398 2,854.32
2,000 3,000 4,000 5,000 6,000
ENERGY IT Other 122 115 124 152.52 123 126 496 268
1,000 1,500 2,000 2,500 3,000
Depreciation (non cash) Cost of sales & services (cash)
727.89 724.83 892.07 835.67 756.63 640.91 889.58 824.04
200.00 300.00 400.00 500.00 600.00 700.00 800.00 900.00 1,000.00
Gross Profit 2017 Q1 60% Q2 58% Q3 56% Q4 57% 2018 Q1 60% Q2 56%
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Compare
Q1/2017 Q2/2017 Q3/2017 Q4/2017 Q1/2018 Q2/2018 Net Profit 38.14% 30.43% 27.02% 11.76% 33.45% 28.01% EBITDA 89.47% 87.04% 86.02% 82.15% 87.63% 85.58%
Net Profit Margin from SOLAR FARM has been stable around 30% to 35% Strong EBITDA Margin
563 494 435 403 366 146 1,511 898 1,321 1,296 1,244 1,232 1,165 1,024 4,757.23 2,528.07
1,000.00 1,500.00 2,000.00 2,500.00 3,000.00 3,500.00 4,000.00 4,500.00 5,000.00
NET PROFIT EBITDA
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Total asset of 46,872.32 MB
1,401.86 45,468.79 6,803.26 23,844.86 16,222.53 1,885.29 44,987.03 6,952.52 22,803.79 17,116.00 5000 10000 15000 20000 25000 30000 35000 40000 45000 50000 Q12018 Y2017 Q12018 Y2017 Q12018 Y2017 Q12018 Y2017 Q12018 Y2017 CURRENT ASSETS NON-CURRENT ASSETS CURRENT LIABILITIES NON-CURRENT LIABILITIES SHAREHOLDERS’ EQUITY Assets Liabilities Equity Y2017 Q2/2018
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Remark: 2/ Excluding trade and other payables
71% 70% 69% 69% 68% 67% 66% 65% 65% 63.48% 29% 30% 31% 31% 32% 33% 34% 35% 35% 36.52% Q1/2016 Q2/2016 Q3/2016 Q4/2016 Q1/2017 Q2/2017 Q3/2017 Q4/2017 Y2017 Q2/2018
Liabilities Equity
2.48 2.30 2.18 2.27 2.15 2.04 1.97 1.89 1.89 1.74 1.52 1.96 1.95 1.93 1.91 1.86 1.83 1.79 1.79 1.66
1.00 1.50 2.00 2.50 3.00 D/E Ratio 1 D/E Ratio 2
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Cashflows Q2/2018 Q2/2017 Net cash provided by operating activities 2,166 2,210 Net cash used in investing activities (737) (2,260) Net cash provided by (used in) financing activities (1,288) 144 Net increase in cash and cash equivalents 140 94 Cash and cash equivalents at the beginning of the period 338 146 Cash and cash equivalents at the end of the period 478 240
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List Detail Time: Tentative filing : September 2018 Fund Asset: Solar Energy Power Plant 118 MW Company Holding Ratio In Consideration(Approx. 15%) Total Value of Fund
Objective of Fund Objective of Fund are as follows: 1.Loan Repayment to Financial Institution 2.Reinvestment to IFF = 15% 3.Future Investment in Other Projects Financial Consultant Bangkok Bank (Public) Company Limited
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SUPER ENERGY CORPORATION Plc
SUPER ENERGY GROUP Co.,Ltd SUPER WIND ENERGY Co.,Ltd
SUPER WIND ENERGY CONGLY 1 JOINT STOCK COMPANY
CONG LY CONSTRUCTION COMMERCE
51% 49% 100% 100%
This presentation herein should be used for investor information only. It should not be used as an offer or invitation to purchase or sell SUPER shares. Additionally, this presentation contains forward-looking statements and assumptions that are subject to risks and uncertainties. Investors or readers using this material need to be prudent
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