Ratchthani Leasing Public Co., Ltd. · SET:THANI
Ratchthani Leasing Public — Q2 2023 Earnings Presentation
20 slides from Ratchthani Leasing Public's earnings presentation, August 2023
Slide 1: Performance Q2/2023
$1¢s1UAagy 91Na (UKIZU) Performance Q2/2023 TR Sub fainadi ir? INVESTMENT 2022 AAAAA TriSvA ria A
Slide 2: K.Kovit Rongwattanasophon, Managing Director
K.Kovit Rongwattanasophon Managing Director Chairman of Executive committee K.Unchan Srisom Sr.Director of Accounting RATCHTHANI LEASING
Slide 3: Contents
Contents 1 Company Executive Summary 2 Performance Q2/2023
Slide 4: Company Executive Summary
Company Executive Summary RATCHTHANI LEASING
Slide 5: Key Development
Key Development One of the list of sustainable stocks or Thailand Sustainability Investment (THSI) Best Company 2021 Performance Awards ”A-(Stable)”company rating from TRIS Rating 2022 Opened another branch 2016 Member of Thailand at Chiang Rai Sustainability Investment (THSI) for the year 2022 by T
Slide 6: Key Highlight 2023
Key Highlight 2023 1 Member of ESG100 Index 2 Member of SET100 Index 3 Member of FTSE SET Mid Cap Index Member of Thailand's Private Sector Collective 4 Action Coalition Against Corruption (Re-certification) Member of Thailand Sustainability Investment (THSI) 5 for the year 2022 by the Stock Exchang
Slide 7: Automotive Industry Overview
Automotive Industry Overview Passenger Car Sales Record Truck Sales Record 14.87% 34.25% 8.88% -0.32% 0.28% -16.01% -5.57% -15.58% -16.35% -31.02% 31,143 31,230 27,479 398,386 23,197 13,127 92,739 274,789 265,123 8,914 7,951 230,794 6,939 99,107 147,965 6,960 7,587 86,028 64,432 7,462 7,330 70,795 6
Slide 8: Segment Hire Purchase Port
Segment Hire Purchase Port Truck (71%) Luxury Cars (22%) New Truck (69%) Super Car Hi-End Car Used Truck (31%) Motorcycle (2%) Taxi (1%) Other (4%) Big Bike Taxi Tractor Passenger Car Pick-Up Bus Source: Company data
Slide 9: Q2/2023 Performance
Q2/2023 Performance RATCHTHANI LEASING
Slide 10: Business Plan 2023
Business Plan 2023 Source: Company data
Slide 11: Profit and Loss
Profit and Loss Source: Company data
Slide 12: Key Ratio
Key Ratio Source: Company data
Slide 13: Assets
Assets +2.3 +7.4 Unit : MB HP portfolio expanding by 3.29% from the end of 2022 QoQ YoY 460 Loans 129 208 363 77 1,764 2,364 2,192 1,808 1,526 403 365 471 439 485 Other 51,455 52,406 52,990 Leasing 50,229 51,028 Hire Purchase 2Q22 3Q22 4Q22 1Q23 2Q23 Source: Company data
Slide 14: Liabilities
Liabilities Borrowing Unit : MB +4.8 +8.3 QoQ YoY Float Rate 0% Fixed Rate Short Term 100% 44% 2Q22 3Q22 4Q22 1Q23 2Q23 Long Term 56% Borrowings Breakdown Unit : MB 23,991 22,637 23,849 24,463 25,476 16,898 16,959 16,115 18,833 15,392 2Q22 3Q22 4Q22 1Q23 2Q23 Short term Borrowing Long Term Borrowing
Slide 15: Profitability & Total Income
Profitability & Total Income Net Profit ROA and ROE (%) Unit : MB ROE ROA 3.84% 3.38% 3.36% 3.07% 3.76% 2.60% 3.21% 16.75% 15.24% 14.51% 13.59% 16.53% 947 875 11.49% 14.33% 492 453 450 425 353 2Q22 3Q22 4Q22 1Q23 2Q23 06M22 06M23 2Q22 3Q22 4Q22 1Q23 2Q23 06M22 06M23 Total Income 503 471 232 234 227
Slide 16: Interest Income & Expenses
Interest Income & Expenses Interest Income and Interest Expenses Yield, Cost of Fund, and Spread Unit : MB Spread Cost of Fund Yield 6.76% 6.76% 6.72% 6.81% 6.71% 6.79% 6.78% 1,831 1,711 2.34% 2.27% 2.46% 2.61% 2.75% 2.35% 2.66% 867 896 904 910 921 549 443 287 4.43% 4.49% 4.27% 4.21% 4.44% 224 230 2
Slide 17: Operating Expenses
Operating Expenses Operating Expenses Cost to Income Ratio (%) Unit : MB - (8.8) QoQ YoY 362 354 23.42% 22.80% 22.11% 20.63% 20.84% 19.81% 19.05% 194 211 200 177 177 2Q22 3Q22 4Q22 1Q23 2Q23 06M22 06M23 2Q22 3Q22 4Q22 1Q23 2Q23 06M22 06M23 Source: Company data
Slide 18: Expected Credit Loss
Expected Credit Loss ECL Credit Cost ECL Credit Cost Unit : MB (23.1) +97.2 QoQ YoY 1.77% 1.36% 1.19% 1.02% 0.92% 0.78% 0.56% 322 236 197 182 122 140 71 2Q22 3Q22 4Q22 1Q23 2Q23 06M22 06M23 2Q22 3Q22 4Q22 1Q23 2Q23 06M22 06M23 Source: Company data
Slide 19: NPLs and Allowance for ECL
NPLs and Allowance for ECL NPL NPL Ratio and Coverage Ratio (%) Unit : MB NPL Ratio Coverage Ratio +1.5 +18.2 QoQ YoY 117.30% 116.61% 115.70% 107.25% 102.50% 1,347 1,448 1,470 1,244 1,238 2.38% 2.33% 2.51% 2.65% 2.66% 2Q22 3Q22 4Q22 1Q23 2Q23 2Q22 3Q22 4Q22 06M22 06M23 Total Loans +1.2 +6.0 QoQ YoY
Slide 20: THANK YOU
THANK YOU AAAAA TriS-A nia. A ——<—_— THAILAND TAINABILITY INVESTMENT 2022
Ratchthani Leasing Public — Q2 2023 Earnings Presentation on 6ix