TIRATHAI PUBLIC COMPANY LIMITED OPPORTUNITY DAY ON 14 AUGUST - - PowerPoint PPT Presentation

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OPPORTUNITY DAY ON 14 AUGUST 2014

TIRATHAI PUBLIC COMPANY LIMITED

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1

Company Profile

2

Vision and Mission

4

Business Plan & Investment

6

Question & Answer

Content

5

Forecast for 2014

3 Operating Result for the 6M to 30 June 2014.

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LOGO L.D.S. METAL WORK Co.,ltd.

(Plant II – Head Office) Manufacture for Power transformer Capacity up to 300 MVA System Voltage up to 230 kV

THAIFINS Co.,ltd. Manufacture for Transformer’s fins and Tank support to Tirathai Plc.,ltd.

(Plant I )

Manufacture for Distribution transformer Capacity up to 10 MVA System Voltage up to 36 kV

TIRATHAI & It’s subsidiary

TIRATHAI Public company Limited

TIRATHAI E&S Co.,ltd. Distribution , installation maintenance service of electrical power equipment

Manufacture for Tank and fabricate steel .

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Transmission line 500, 230, 115 kV Transmission line 230, 115, 69 kV

PRIVATE SUBSTATION

Big Industry > 10 MVA

Transmission line 230, 115, 69 kV MEA’S SUBSTATION ~60 MVA 6.6, 22, 33 24 kV 6.6, 3.3 416/240, 400/230 kV Distribution line 24, 12/24 kV Distribution line 22, 33 kV Infrastructure & Housing 416/240 V Industry & Big Building 400/230 V PEA’S SUBSTATION ~60 MVA Step up Transformer Power Plant

Transmission Line

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Rectifier & Induction Furnace Capacity 1-10 MVA Rated Voltage 36 kV. Capacity 5-300 MVA Rated Voltage 230 kV.

Distribution Transformer

Capacity 1-100 MVA Rated Voltage 36 kV.

Products of Tirathai

Power Transformer

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230, 500 kV

TERMINAL STATION SUBSTATION POWER PLANT

12, 22,24,33 kV 69, 115 kV

240/416 , 230/400 V

Power Network Products

Tirathai E&S Co.,Ltd.

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HV Gas Insulated Switchgear

Aerial Crane Device and Digger Derrick Unit

Tirathai E&S Co.,Ltd.

Products of TRT E&S

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Products of L.D.S.

Transformer Tank Drying Oven

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Products of L.D.S.

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Hongsa Power Plant Project

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Belt Conveyor

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Vision & Mission

Vision, Mission for Sustainable Business Future

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Vision

To be a leading transformer manufacturer, distributor and comprehensive services provider in Asia and Oceania and to seek

• pportunities of joint venture in related energy business. These

will be supported with quality performance serving customer’s demand on the basis of corporate good governance and social responsibility.

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Missions

BUSINESS  To utilize technical expertise to collaborate with customers in order to design and manufacture transformers of quality suitable for their system and nature of work. Also to develop a complete range of service system to support customers’ electrical system maintenance.  To expand the market structure covering countries in Asia and Oceania.  To increase distribution channels of energy generating and distributing equipments and to enter joint ventures in energy generating system projects. CUSTOMER  To serve customers' need by focusing on quality, reasonable price, in time delivery and good service.  To be strongly intent on being the first choice of customers at any time when they demand transformer products and services. HUMAN RESOURCES  To encourage, develop and retain people to obtain their expertise and to build up their spirits of Teamwork, Quality, Integrity and Customer focus. CORPORATE GOVERNANCE  To have credibility to the shareholders and treat all stakeholders with fairness. CORPORATE SOCIAL RESPONSIBILITY  To be a good member of the society and perform business with responsible concern for the public.

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Operating Result for the 6M to 30 June 2014

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Consolidated financial Statements

Unit: Million Baht 2011 2012 2013 6M Of 2014 Total Revenue

1,882.95 1,956.15 2,534.96

832.10

Revenue from Sales & Service

1,854.68 1,921.16 2,517.89

819.85

Gross Profit

555.11 374.57 657.94

183.63

EBITDA

308.32 130.87 320.30

26.96

EBIT

268.21 82.86 268.35

1.18

Net Profit/(Net Loss)

199.42 29.56 177.06

(18.22)

Total Assets

1,938.96 2,552.24 2,575.98

2,474.44

Total Liabilities

874.86 1,496.52 1,391.62

1,366.80

Shareholders' Equity

1,064.13 1,024.27 1,184.36

1,107.64

Financial Ratio Gross Profit Margin (%)

29.93% 19.50% 26.13%

22.40%

Net Profit (Loss)Margin (%)

10.59% 1.51% 6.98%

(2.19)%

Return on Asset (%)

14.80% 3.71% 10.53%

• Return on Equity (%)

19.98% 2.83% 16.08%

• Book Value Per Share

(Par1Baht)

3.80 3.66 3.85

3.60

Earning Per Share

0.73 0.11 0.58

(0.05)

Dividend Per Share

0.40 0.01 0.30

• Stock Dividend Ratio
• 10:1

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PDP 2010 Rev.3 with RE Contribution

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Peak Electricity Demand

ข้อมูล : กองสารสนเทศ ฝ ่ ายสื่อสารองค์การ กฟผ.

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Main Product & New Business After Investment

Type 2013 2014 2015 2016 2017 Distribution Transformer 1,000 1,120 1,150 1,270 1,400 Power Transformer 1,115 1,300 1,790 2,100 2,500 Service & Others 124 70 55 61 67 Total 2,239 2,490 2,995 3,431 3,967 Distributing Equipment 181 250 275 302 322 Tank & Steel Fabricate plant 151 470 500 554 610 Total 2,535 3,210 3,770 4,288 4,909

2,535 3,210 3,770 4,288 4,909

1000 2000 3000 4000 5000 6000

Tank & Steel Fabricate plant Distributing Equipment Service Power Distribution

M’baht

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1,000 1,500

4,000 7,500

• 1,000

2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000

Before Investment After Investment Distribution transformer Power Transformer

MVA

5,000 9,000

Increase Transformer Production Capacities

from 5,000 MVA to 9,000 MVA or 80% Increase After Investment

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• 2,000

4,000 6,000 8,000 10,000 Before Investment After Investment

1,500 10,000

Before Investment After Investment

Tones Increase Tank & Fabricate Steel Production Capacities

from 1,500 to 10,000 tones per year

• r 666% increase after investment

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Million Baht

1,000 2,500 4,000 5,500 Before Investment After Investment

Total Income

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Expected Completion Date

• 1. Power Transformer Plant Expansion

1 Quarter 2014

• 2. New Distribution Transformer Plant

Mid of 2015

• 3. New Tank and Fabricate Steel Plant

Mid of 2015

Investment Progress

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Forecast for 2014

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Customer

2011 2012 2013 2014 (F)

• Government

810 645 960 550

• Local

676 655 878 887

• Export

292 275 277 403

• Service

52 134 97 50

• Others

53 49 27 20 Distributing Equipment

• 151

181 250 Tank & Steel Fabricate plant

• 47

115 470 Total 1,883 1,956 2,535 2,630

Structure of Incomes by Customer

500 1,000 1,500 2,000 2,500 3,000 3,500 2014 (F) 1,883 1,956 2,535 2,630 Tank & Steel Fabricate Distributing equipment Other Service Export local Government

Million Bath

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Product 2011 2012 2013 2014 (F)

• Distribution

1,189 786 1,000 922

• Power

589 789 1,115 918

• Service

52 134 97 50

• Others

53 49 28 20 Distributing Equipment

• 151

181 250 Tank & Steel Fabricate plant

• 47

115 470 Total 1,883 1,956 2,535 2,630

Structure of Incomes by Product

500 1,000 1,500 2,000 2,500 3,000 3,500 2014 (F) 1,883 1,956 2,535 2,630

Tank & Steel Fabricate Distributing equipment Other Service Power Distribution

Million Bath

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Delivery & Backlog Orders As of 31 July 2014

Customer M’ Baht MEA Dist. 82 Power 148 PEA Dist.

• Power
• EGAT

Dist.

• Power
• Local

Dist. 295 Power 729 Export Dist. 141 Power 177 Other Distributing Equipment Tank & Steel Fabricate plant 180 530 Total 2,282

Delivery in 2014 = 1,941 M’Baht Delivery in 2015 = 150 M’Baht Delivery in 2016 = 191 M’Baht

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Bids and Quotations in Process as of 31 July 2014

Customer M’ Baht

MEA 2,400 PEA 2,000 EGAT 100 Local 1,700 Export 1,300 Others (Distributing equipment) 600 Total 8,100

** Expect to receive the above orders approximately 20-25%

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Question & Answer Thank You