Presentation 2017 Q2 Results Analyst Meeting and Business Plan - PowerPoint PPT Presentation

Presentation 2017 Q2 Results Analyst Meeting and Business Plan

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Agenda 1. 2Q2017 Financial Results 3. 5 Years Business Plan  Transfers 4. Company View  Backlog 5. Mass Transit Network Updates  Launches 6. Interim Dividend  Presales  Bonds Issue 2. 2Q2017 Summary 3

2Q/2017 Financial Statements 2Q2017 1Q2017 2Q2016 % Q-o-Q % Y-o-Y M Baht % M Baht % M Baht % 3,752 100% 2,314 100% 2,889 100% 62% 30% Total revenue 2,661 71% 1,577 68% 2,528 87% 69% 5% Revenue from sale of real estate 1,090 29% 738 32% 361 13% 48% 202% Other incomes 1,331 37% 722 33% 996 35% 84% 34% Gross Profit SG&A 674 18% 548 24% 589 20% 23% 14% 307 8% 215 9% 259 9% 43% 19% Selling expenses 366 10% 333 14% 331 11% 10% 11% Administrative expenses Share of Profit (Loss) (300) (8%) (58) (2%) (91) (3%) 422% 230% 519 14% 248 11% 370 13% 109% 40% EBIT 104 3% 87 4% 75 3% 20% 39% Interest expenses 414 11% 161 7% 295 10% 158% 41% EBT 135 19% 20 13% 85 22% 564% 59% Tax 279 7% 140 6% 210 7% 99% 33% Net Profit (Loss) 0.07 0.03 0.05 Earnings per share (baht) 4

1H/2017 Financial Statements 1H2017 1H2016 % Y-o-Y M Baht % M Baht % 6,066 100% 5,485 100% 11% Total revenue 4,238 70% 4,707 86% (10%) Revenue from sale of real estate 1,828 30% 778 14% 135% Other incomes 2,053 36% 1,929 36% 6% Gross Profit SG&A 1,222 20% 1,215 22% 1% 522 9% 482 9% 8% Selling expenses 700 12% 733 13% (5%) Administrative expenses Share of Profit (Loss) (358) (6%) (199) (4%) 79% 767 13% 635 12% 21% EBIT 192 3% 144 3% 33% Interest expenses 575 9% 491 9% 17% EBT 155 17% 133 19% 17% Tax 420 7% 358 7% 17% Net Profit (Loss) 0.10 0.09 Earnings per share (baht) 5

2Q/2017 Financial Highlights 2Q2017 1Q2017 2Q2016 % Q-o-Q % Y-o-Y M Baht M Baht M Baht 1,842 3,276 2,757 (44%) (33%) Cash balance and equivalent 26,147 27,311 22,717 (4%) 15% Assets 10,897 11,467 9,809 (5%) 11% Interest bearing debts 14,350 15,461 12,904 (7%) 11% Liabilities Shareholders' equity 11,797 11,850 9,813 (0.5%) 20% D/E ratio (times) 1.22 1.30 1.31 (7%) (7%) 0.77 0.69 0.72 11% 7% Net IBDE ratio (times) 6

2017 Business Plan >>Transfers 2017 Transfer target between 24,000 and 26,000 M Baht 58 Raise 2017 Full Year Transfer Target by 0.2% % Growth 5,667 From 2016 Unit : Mil Baht 5,898 10 new condo projects to 607 36 39 1,008 324 38 632 41 complete in 2017 461 337 596 334 3,816 360 1,844 2,316 2,328 1,217 1Q17 (A) 2Q17 (F) 2Q17 (A) 3Q17 (F) 4Q17 (F) Condo Housing Ananda Share in JV Mitsui Share in JV Quarter 2 Quarter 1 Quarter 2 Quarter 3 Quarter 4 2017 Quarter (Actual) 1,217 2,316 2,326 1,844 3,816 9,204 Condo Housing 360 461 335 596 1,008 2,299 Ananda F/S 1,557 2,777 2,661 2,440 4,824 11,503 Ananda Share in JV 337 38 41 632 5,898 6,908 324 36 39 607 5,667 6,637 Mitsui Share in JV 25,047 Total (M Baht) 2,238 2,851 2,741 3,679 16,389 7

89% Of Second Half Target Will Be Derived From New Projects Updated: June 30, 2017 Unit: M Baht Transfer 1Q17 2Q17 3Q17 Begins Ideo Sukhumvit 115 Ideo Q Siam-Ratchathewi 1 Ashton Residence 41 Value 2,764 New M Baht New New Value 3,822 Value 2,038 74.4% sold M Baht M Baht 51% 83.2% sold 48.4% sold transferred 78% transfer 24% transfer 99% transfer target in 17 target in 17 target in 17 22% transfer 76% transfer 1% transfer after 2017 after 2017 after 2017 Ideo Mobi Bangsue Grand Interchange 1 Artale Phattanakarn-Thonglor New New Value 2,532 M Baht 42.1% sold 48% transfer target in 17 52% transfer after 2017 Airi Rama 5 - Ratchaphruek Unio Town Lumlukka-Klong 4 New New Note : 1 Joint Venture with Mitsui and Ananda 51% Share 8

89% Of Second Half Target Will Be Derived From New Projects Updated: June 30, 2017 Unit: M Baht Transfer 4Q17 Begins Unio Sukhumvit 72 New Housing Project Venio Sukhumvit 10 Unio Rama2-Thakham New New New New New Housing Value 862 Value 1,488 Value 979 M Baht M Baht M Baht Project 90.3% sold 68.3% sold 58.5% sold 70% transfer 66% transfer 74% transfer target in 17 target in 17 target in 17 30% transfer 34% transfer 26% transfer after 2017 after 2017 after 2017 Ideo Thaphra Interchange 1 Ashton Asoke 1 Q Chidlom-Phetchaburi 1 New New New Value 3,022 Value 2,790 Value 6,705 M Baht M Baht M Baht 60.7% sold 41.5% sold 97.9% sold 73% transfer 49% transfer 75% transfer target in 17 target in 17 target in 17 27% transfer 51% transfer 25% transfer after 2017 after 2017 after 2017 Note : 1 Joint Venture with Mitsui Fudosan and Ananda 51% Share 9

11% Of Second Half Transfer Target Will Be Derived From Existing Projects Updated: June 30, 2017 Unit: M Baht Ideo Mobi Sukhumvit Eastgate Ideo Mobi Wongsawang Int. Unio Charan 3 Ideo Q Chula-Samyan 1 Value 2,516 Value 1,774 Value 2,113 Value 6,826 M Baht M Baht M Baht M Baht 37.2% sold 82.7% sold 71.1% sold 100% sold 75.8% 32.9% 73.8% 100% transferred transferred transferred transferred 46.5% transfer 18.8% transfer 57.6% transfer 11% transfer target in 17 target in 17 target in 17 target in 17 Ideo Sathorn-Thaphra Ideo Q Ratchathewi Ideo Mobi Charan Interchange Atoll (4 projects) Value 6,804 M Baht 65.8% sold 64.9% transferred 9.2% transfer target in 17 Arden (3 projects) Value 3,735 Value 2,008 Value 3,549 M Baht M Baht M Baht Value 2,915 M Baht 99.7% sold 98.6% sold 100% sold 63.1% sold 99.1% 100% 96.5% transferred transferred transferred 60.1% transferred 15.4% transfer 7.4% transfer 1.2% transfer 24.5% transfer target in 17 target in 17 target in 17 target in 17 Note : 1 Joint Venture with Mitsui Fudosan and Ananda 51% Share 10

Record Backlog B acklog 81% of the next 6M17 49.7 Bn Baht transfers secured by backlog 23,412 16,304 11,722 Unit: Mil Baht 5,920 8,228 6,162 4,032 10,638 1,792 878 4,196 3,692 1,047 914 529 5 2017 2018 2019 2020 Ananda's Backlog - Condo Ananda's Backlog in JV - Condo Partner's Share Ananda's Backlog - Housing Updated: June 30, 2017 11