Advanced Information Technology Public Co., Ltd. · SET:AIT
Advanced Information Technology Public — Q3 2023 Earnings Presentation
24 slides from Advanced Information Technology Public's earnings presentation, Nov 20, 2023
Slide 1: Analyst Meeting #4/2023: AIT's Performance Q3/2023
Advanced Information Technology Public Company Limited: AIT Analyst Meeting #4/2023 20 November 2023 AIT’s Performance Q3/2023
Slide 2: Management Team
Management Team Mr. Siripong Oontornpan Ms. Sureerat Prachayanukul Chairman of the Executive Board Senior Executive Vice President Committee and the President Finance Division Lifelong Trusted Partner 2
Slide 3: Investor Relations
Investor Relations Ms. Sarin Chandranipapongse Ms. Rita Thappaman Lifelong Trusted Partner
Slide 4: Agenda
Agenda • AIT’s Financial Highlights Q3-2023 • AIT’s Business Update and Outlook • Appendix Lifelong Trusted Partner
Slide 5: Agenda
Agenda • AIT’s Financial Highlights Q3-2023 • AIT’s Business Update and Outlook • Appendix Lifelong Trusted Partner
Slide 6: Total Revenues by Customer
Total Revenues by Customer Annual Revenues (THB. Mil) Quarterly Revenues (THB. Mil) 7,077 7,035 6,730 6,727 4,997 4,705 1% 13% 20% 32% 1,886 1,730 1,703 1,705 1% 1,297 13% 9% 23% 35% 25% 6% 22% 2019 2020 2021 2022 9M'22 9M'23 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Enterprise Financial Service Industry Govern
Slide 7: Total Revenues by Sources
Total Revenues by Sources Annual Revenues (THB. Mil) Quarterly Revenues (THB. Mil) 7,077 7,035 6,730 6,727 4,997 4,705 1% 28% 5% 1,886 1,730 1,703 1,705 1,297 1% 66% 29 % 5% 65% 2019 2020 2021 2022 9M'22 9M'23 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Project Sales Rental Service Others Lifelong Trusted Partner
Slide 8: Gross Profit
Gross Profit Annual GP (THB.mil) and GPM (%) Quarterly GP (THB.mil) and GPM (%) 20.85% 20.93% 21.57% 19.52% 19.02% 18.84% 18.25% 17.71% 17.91% 17.35% 15.39% 1,268 1,279 1,156 1,080 919 875 389 360 274 300 301 2019 2020 2021 2022 9M'22 9M'23 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Gross Margin Gross Profit Mar
Slide 9: Net Profit
Net Profit Annual NP (THB.mil) and NPM (%) Quarterly NP (THB.mil) and NPM (%) 8.61% 8.05% 7.49% 7.27% 7.57% 7.46% 7.22% 7.16% 6.43% 5.54% 5.86% 527 542 392 394 431 342 143 111 97 123 122 2019 2020 2021 2022 9M'22 9M'23 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Net Profit Net Profit Margin Lifelong Trusted Partn
Slide 10: Financial Ratio
Financial Ratio Return on Asset (%) ; ROA Return on Equity (%) ; ROE 17.61% 17.85% 17.72% 13.93% 13.57% SI-Peers* 11.60% 11.16% 10.31% 9.51% SI-Peers* 15.78% 8.35% 13.76% 14.90% 12.99% 12.06% AIT 8.84% 8.66% 8.04% 9.12% AIT 7.46% 2019 2020 2021 9M'22 9M'23 2019 2020 2021 9M'22 9M'23 Total debt (Bt.m
Slide 11: Stock information
Stock information Dividend* 93% 90% 94% 84% 75% 77% AIT AIT-W2 4.10 1.90 2.041.90 1.95 1.50 THB. THB. 1.33 1.00 0.490.44 0.380.32 0.16 0.15*** 2018 2019 2020 2021 2022 1H'23 Share information EPS(THB./Share)** DPS (THB./Share)** Dividend (%)** P/E 13.25 Times Noted: P/BV 1.54 Times * Dividend policy
Slide 12: Agenda
Agenda • AIT’s Financial Highlights Q3-2023 • AIT’s Business Update and Outlook • Appendix Lifelong Trusted Partner 12
Slide 13: Warrant Update AIT-W2
Warrant Update AIT-W2 Period for the notification of the intention to exercise the warrant : 28 Dec 2023 – 11 Jan 2024 Notification “SP” : 20 December 2023 Book Closing date : 22 December 2023 Last exercise date # 4 : 12 January 2024 Exercise Price : 2.00 baht/share Number of total exercised warrant
Slide 14: Example: New Projects in Q3-2023
Example: New Projects in Q3-2023 1. โครงการซือ้ ขายระบบสาหรับขยายบริการ GDCC (VM) จานวน 1 ระบบ ของ บริษัท โทรคมนาคมแห่งชาติ จากัด (มหาชน) มูลค่าโครงการ 286 ล้านบาท 2. โครงการจ้างก่อสร้างปรับปรุ งระบบจาหน่ายไฟฟ้ าเป็ นเคเบิลใต้ดนิ บริเวณถนนเทพกระษัตรี ถนนดีบุก ถนนภูเก็ต จังหวัดภูเก็ต (งานด้านไฟฟ้ า)
Slide 15: AIT's Outlook 2023 – 2024
AIT’s Outlook 2023 – 2024 12,000 20,000 18,000 16,000 14,000 1,200 12,000 580 5,500 10,000 8,000 7,000 6,000 4,705 4,000 2,000 0 Target 2023 9M-2023 Backlog Waiting for P/O Bidding in process Market Focus Value Source: Company estimation updated on November 9, 2023 Lifelong Trusted Partner 15
Slide 16: Project in Backlog
Project in Backlog FSI, 850 THB mil, State Enterprise, 15% 1,300 THB mil, 24% Total 5,500 Service Provider, 1,350 THB mil, THB.mil 25% Government, 1,200 THB mil, 22% Enterprise, 800 THB mil, 14% Source: Company estimation updated on November 9, 2023 Lifelong Trusted Partner 16
Slide 17: Bidding in Process
Bidding in Process State Enterprise, Government, 70 THB mil, 400 THB mil, 6% 33% FSI, 240 THB mil, Total 20% 1,200 THB.mil Enterprise, 260 THB mil, Service Provider, 22% 230 THB mil, 19% Source: Company estimation updated on November 9, 2023 Lifelong Trusted Partner 17
Slide 18: Q&A
Q&A Lifelong Trusted Partner 18
Slide 19: Thank you
“Lifelong Trusted Partner” “Lifelong Trusted Partner” Thank you Thank you Advanced Information Technology Public Company Limited 37/2 Suthisarnvinijchai Road, Samsaennok, Huay Kwang, Bangkok, 10310 Tel: +662-275-9400 Fax: +662-275-9100 Website: www.ait.co.th For further information and enquiries, pl
Slide 20: Agenda
Agenda • AIT’s Financial Highlights Q2-2023 • AIT’s Business Update and Outlook • Appendix Lifelong Trusted Partner
Slide 21: Our Businesses
Our Businesses AIT is a leading systems integrator (SI) and ICT solution provider in Thailand, providing services in both the private and the public sector. Our service provides turn key project including project consulting, project planning, system design, implementation, installation, training and
Slide 22: TRAINEX Training Center
TRAINEX Training Center TraiNex Training Center is an Information Technology Training, IT Certificate and Soft Skill Center of the Company. The Company has established this center to provide training services to the Company's project clients and personnel of different departments of general companie
Slide 23: Nationwide Support Centers
Nationwide Support Centers Chiangmai Pitsanulok Khon Kean Headquartered in Bangkok and our Nakorn Ratchasima nationwide supporting network in 7 Headquarter - Bangkok Chonburi locations allow us to deliver a standardized project with supporting quality throughout the country. Suratthani Songkhla Life
Slide 24: Joint Venture
Join venture Loxley and AIT Holding Co., Ltd. (LAH) Established November 8, 2012 Joint Venture Between Advanced Information Technology Plc. (AIT) and Loxley Wireless Co.,Ltd The registered capital is 200 million baht, as ratio equals 50% of the paid-up Investment in Lump sum turnkey contracts
Advanced Information Technology Public Company — Q3 2023 Earnings Presentation on 6ix