Qualitech Public Company Limited Opportunity Day March 14, 2019 at - - PowerPoint PPT Presentation

qualitech public company limited
SMART_READER_LITE
LIVE PREVIEW

Qualitech Public Company Limited Opportunity Day March 14, 2019 at - - PowerPoint PPT Presentation

Qualitech Public Company Limited Opportunity Day March 14, 2019 at The Stock Exchange of Thailand Opportunity day March 14, 2019 1 AGENDA COMPANY OVERVIEW FINANCIAL HIGHLIGHT HIGHLIGH PROJECT & PLAN Q&A Opportunity day March 14, 2019


slide-1
SLIDE 1

Qualitech Public Company Limited

Opportunity Day March 14, 2019 at The Stock Exchange of Thailand

Opportunity day March 14, 2019 1

slide-2
SLIDE 2

AGENDA

COMPANY OVERVIEW FINANCIAL HIGHLIGHT HIGHLIGH PROJECT & PLAN

2

Q&A

Opportunity day March 14, 2019

slide-3
SLIDE 3

AGENDA

COMPANY OVERVIEW FINANCIAL HIGHLIGHT HIGHLIGH PROJECT & PLAN

3

Q&A

Opportunity day March 14, 2019

slide-4
SLIDE 4

COMPANY DEVELOPMENT

1991

Established 2001 Granted a License for Professional Practice

  • No. 0031/44 (Juristic

Person) from the council of Engineers.

2006

Granted a License for testing and inspecting Liquefied Petroleum Gas (LPG) tanks 2007 Registered as a public company limited Granted the ISO 17025: 2005 Quality Certificate

2008

Granted the ISO 9001: 2000 Internal Quality Management System Certificate

2009

  • The company’s common stocks

were listed on MAI

  • Granted a license as Thailand's

first inspector of fire tube boiler and water tube boiler

2011

Establishrd the two subsidiaries: 1.QLTI 2.Qualitech Myanmar Co.,Ltd.

2016

Received 3 SET Awards

2017

Certified to Occupational Health and Safety Assessment Serves (OHSAS 18001)

…… … … .… … ..… .… … …

4

..… …

Opportunity day March 14, 2019

slide-5
SLIDE 5

OUR BRANCHES

The head office was located in Rayong Province, Thailand

THAILAND MYANMAR

Rayong - Headquarter Bangkok office Sriracha office Banbueng office

….….. ……….. ….. ….…….. .. .…. …..... …..…... ……….. …..

Opportunity day March 14, 2019 5

slide-6
SLIDE 6

OUR BUSINESS

Qualitech Plc. operates business as an independent third party engineering services provider i.e. testing inspection and quality assessment and giving engineering advices to meet the international standards, for various organizations for the purpose of inspection or quality assessment in accordance with the international standards as inquired by clients. BY SERVICE

  • Advanced Non-Destructive Test
  • Conventional Non-Destructive Test
  • Asset Integrity & Plant Inspection
  • Inspection & Certification
  • Metallurgical Testing Laboratory
  • Welding Solution
  • Tank Cleaning

BY EQUIPMENT

  • Pressure Vessel • Storage Tank
  • Boiler • Piping System
  • Heat Exchanger • Pipeline
  • Transportation Tank

BY INDUSTRY

  • Oil & Gas Industry
  • Power Generation Industry
  • Metal Manufacturer / Importer Industry
  • Tank and Terminal Industry
  • Fabrication & Construction Industrials

NEW SERVICE

  • HydroForm-Phased Array Ultrasonic

Testing for Corrosion Mapping

  • Medium Range Ultrasonic Test (MRUT)
  • Intelligent Pigging Inspection Solution
  • Visual Inspection by Drone

6 Opportunity day March 14, 2019

slide-7
SLIDE 7

NON - DESTRUCTIVE TESTING

Conventional

  • Gamma Ray
  • X-Ray Crawler
  • X-Ray Directional
  • Positive Material Identification Test
  • Ultrasonic Thickness Measurement (UTM)
  • Magnetic Particle Test
  • Ultrasonic Test (UT)
  • Penetrant Test

Advanced

  • Digital Radiographic Test (DRT)
  • Computerize Radiographic Test (CRT)
  • Phase Array Ultrasonic Test (PAUT)
  • Eddy Current Array Test (ECAT)
  • Heat Exchanger Tube Inspection
  • Acoustic Emission Test (AE)
  • Time of Flight Diffraction Test (TOFD)
  • Tank Floor Scan
  • Visual Inspection by Drone

7 Opportunity day March 14, 2019

slide-8
SLIDE 8

8

NON - DESTRUCTIVE TESTING

Gamma Ray Ultrasonic Test (UT) Phase Array Ultrasonic Test (PAUT) Computerize Radiographic Test (CRT)

CONVENTIONAL ADVANCE

Opportunity day March 14, 2019

slide-9
SLIDE 9

INSPECTION AND CERTIFICATE

Council of Engineers Department of Industrial Work

  • Boiler and Hot oil
  • Transportation tank, ADR

Department of Energy Business

  • Bureau of Fuel Business Safety
  • Bureau of Natural Gas Business Safety
  • Bureau of Liquefied Petroleum Gas

Business Safety

By Law

API : American Petroleum Institute ASME : American Society of Mechanical Engineers ISO : International Organization for Standardization AWS : American Welding Society

By Code

9 Opportunity day March 14, 2019

slide-10
SLIDE 10

10

INSPECTION AND CERTIFICATE

Chemical Tank LPG Tank and System NGV Petroleum Tank

Opportunity day March 14, 2019

slide-11
SLIDE 11

Specimen Preparation

  • Band Saw Machine
  • Grinding Machine
  • CNC Machine
  • Charpy V-Notch

Broaching Machine Mechanical Test

  • Guided-Bending Test
  • Tensile Test
  • Impact Test

Metallurgical Analysis

  • Rockwell Hardness Test
  • Vickers Hardness Test
  • Micro Structure Analysis
  • Macro structure Analysis
  • Replica Test

MECHANICAL AND METALLURGICAL TESTING LABORATORY

Corrosion Test

  • Inter granular corrosion test
  • Pitting corrosion test

11 Opportunity day March 14, 2019

slide-12
SLIDE 12

12

MECHANICAL AND METALLURGICAL TESTING LABORATORY

Impact Test Guided-Bending Test Tensile Test

Opportunity day March 14, 2019

slide-13
SLIDE 13

CLIENTS

13 Opportunity day March 14, 2019

slide-14
SLIDE 14

AGENDA

COMPANY OVERVIEW FINANCIAL HIGHLIGHT HIGHLIGH PROJECT & PLAN

14

Q&A

Opportunity day March 14, 2019

slide-15
SLIDE 15

Financial Highlight

Statement of Income - Consolidated

Unit : Million Baht Unit : Million Baht % Change 2014 2015 2016 2017 2018 +/- Revenue from services 500.89 508.31 445.78 385.21 365.31

  • 5%

Cost of services 336.95 332.67 323.81 298.65 297.72 0% Gross Profit 163.94 175.64 121.97 86.56 67.59

  • 22%

EBITDA 136.14 142.66 81.51 53.55 41.14

  • 23%

Depreciation & Amortization 27.23 29.74 30.88 30.84 27.63

  • 10%

Profit for the period 105.06 102.47 44.12 26.09 9.47

  • 64%

Owners of the Company 104.90 103.75 44.57 26.39 10.03

  • 62%

Non-controlling interests 0.16 (1.28) (0.45) (0.30) (0.56) 87% EPS (Earning per share) 1.08 1.05 0.45 0.27 0.10

  • 63%

Opportunity day March 14, 2019 15

slide-16
SLIDE 16

Revenue by nature of services

Opportunity day March 14, 2019 16

slide-17
SLIDE 17

Revenue and Net Profit

Unit : Million Baht Opportunity day March 14, 2019 17

slide-18
SLIDE 18

26.70 42.93 39.16 13.98 18.50 156.13 167.26 208.05 194.65 182.61 9.21 12.11 6.29 6.62 4.57 78.07 67.98 61.74 43.46 60.15 118.02 105.71 98.46 82.16 66.78 115.84 140.54 90.23 164.96 152.63 DEC ' 2014 DEC ' 2015 DEC ' 2016 DEC ' 2017 DEC ' 2018

ASSETS

Cash and equivalents & Current investment Trade and other current receivables Unbilled services income Inventories PP & E Other non current assets Unit : Million Baht Opportunity day March 14, 2019 18

slide-19
SLIDE 19

417.97 448.28 443.97 449.91 438.50 17.05 20.70 14.46 18.21 16.30 68.95 67.55 45.50 37.71 30.44 DEC ' 2014 DEC ' 2015 DEC ' 2016 DEC ' 2017 DEC ' 2018

LIABILITIES & EQUITY

Current liabilities Non current liabilities Total Equity Unit : Million Baht Opportunity day March 14, 2019 19

slide-20
SLIDE 20

Opportunity day March 14, 2019 20

slide-21
SLIDE 21

AGENDA

COMPANY OVERVIEW FINANCIAL HIGHLIGHT HIGHLIGH PROJECT & PLAN Q&A

Opportunity day March 14, 2019 21

slide-22
SLIDE 22

HIGHLIGHT PROJECTS IN 2018

LEARNING/GROWTH PERSPECTIVE

Sphere Inspection (WPE , PTT GSP , BST) Aboveground Storage Tank Inspection (Thai Oil , Esso, IRPC,PTT GC) Pipeline Project ( PTT 5TH Transmission Pipe Line Phase 1,PTT Korat 2) Plant Inspections & Turnaround Projects

Opportunity day March 14, 2019 22

slide-23
SLIDE 23

HIGHLIGHT PROJECTS IN 2019

CLIENT: Aibel Thailand Ltd PROJECT: Johan P2 Project TIMELINE : 2 years (2019-2020)

Opportunity day March 14, 2019 23

slide-24
SLIDE 24

OBJECTIVE Routine Inspection CLIENT: Bangchak Corporation Public Company Limited Esso (Thailand) Public Company Limited Chevron (Thailand) Limited Dow Chemical Thailand Limited TIMELINE : Yearly contract

HIGHLIGHT PROJECTS IN 2019

Opportunity day March 14, 2019 24

slide-25
SLIDE 25

OBJECTIVE In-line Inspection (ILI), for regular maintenance, repair, or rehabilitation reasons, as well as decommissioning PARTNERSHIP ROSEN Group CLIENT Petrochemical Refinery Pipeline Transmission owner

HIGHLIGHT PROJECTS IN 2019

25 Opportunity day March 14, 2019

slide-26
SLIDE 26

HIGHLIGHT PROJECTS IN 2019

CLIENT Siamgas and Petrochemicals Public Company Limited. OBJECTIVE Sphere Inspection in Myanmar TIMELINE 6 months (Jan – June 2019)

26 Opportunity day March 14, 2019

slide-27
SLIDE 27

Q&A

27 Opportunity day March 14, 2019