Siam Global House Public Co., Ltd. · SET:GLOBAL
Siam Global House Public — Q1 2014 Earnings Presentation
14 slides from Siam Global House Public's earnings presentation, May 15, 2014
Slide 1: All Inclusive For Your House - Analyst conference Q1/2014
All Inclusive For Your House Analyst conference Q1/2014 May 15, 2014 1
Slide 2: Financial updates, Business updates
• Financial updates • Business updates *adjusted numbers for presentation purpose 2
Slide 3: Revaluation of property
Revaluation of property - Depreciation will increase around 54 MB/quarter or 216 MB/year - Base on last year number, SG&A per total revenue will increase around 1.4% (216/15,000) 3
Slide 4: Total revenue increased 15% y-o-y
Total revenue increased 15% y-o-y Revenue from sales Other incomes MB MB 5,000 5,000 4,274 4,274 3,714 3,787 143 143 3,663 3,714 3,572 102 139 102 115 79 4,131 4,131 3,612 3,649 3,549 3,612 3,493 - - Q1/13 Q2/13 Q3/13 Q4/13 Q1/14 Q1/13 Q1/14 4
Slide 5: Gross margin is at 14.7%
Gross margin is at 14.7% Gross margin 15.3% 15.5% 15.5% 15.2% 15.1% 14.7% 14.7% 15.0% 15.0% 5.0% 5.0% Q1/13 Q2/13 Q3/13 Q4/13 Q1/14 Q1/13 Q1/14 5
Slide 6: % of SG&A on total revenue is at 10.2%
% of SG&A on total revenue is at 10.2% SG&A With out 54 MB increase in % of SG&A on total revenue depreciation MB MB 500 12.0% 500 12.0% 10.1% 10.4% 10.2% 10.2% 9.3% 382 MB 382 MB 7.9% (8.9%) 7.9% (8.9%) 436 436 354 369 370 295 295 0 0.0% 0 0.0% Q1/13 Q2/13 Q3/13 Q4/13 Q1/14 Q1/13 Q1/14 6
Slide 7: EBITDA margin is at 11.2%
EBITDA margin is at 11.2% EBITDA EBITDA margin MB MB 1000 15.0% 1,000 15.0% 12.2% 11.2% 12.2% 11.2% 11.2% 10.2% 10.3% 10.0% 5.0% 453 480 453 480 425 373 367 0 0.0% 0 0.0% Q1/13 Q2/13 Q3/13 Q4/13 Q1/14 Q1/13 Q1/14 7
Slide 8: Net profit is at 229 MB
Net profit is at 229 MB Profit for the period MB Q1/13 Q2/13 Q3/13 Q4/13 Q1/14 Profit margin Exchange rate 7.7 (28.8) (4.8) (30.8) 4.6 MB With out 54 MB increase in depreciation MB 7.9% 7.9% 500 8.0% 500 8.0% 450 6.0% 400 5.4% 5.4% 5.4% 350 4.6% 283 MB 300 283 MB (6.6%) 250 (6.6%) 200 295 150 295 22
Slide 9: Net debt/EBITDA
Net debt/EBITDA Net debt MB Net debt/EBITDA (Trailing twelve months for Q1/14) x 4,000 2.4 2.5 2.0 2.0 3,000 1.5 2,000 3,273 3,304 0.5 2,460 0.1 1,000 0 142 -0.5 2011 2012 2013 Q1/14 9
Slide 10: Interest coverage and net gearing ratio
Interest coverage and net gearing ratio Interest coverage (EBITDA/Interest expense) Net gearing (Net debt/Equity) X 75 65.0 60 45 30 21.3 17.4 15.2 15.9 15 0.28 0.32 0.24 0.09 0.18 0 Q1/13 Q2/13 Q3/13 Q4/13 Q1/14 10
Slide 11: Business updates
• Financial updates • Business updates 11
Slide 12: Store grand opening dates
Store grand opening dates Sales area Shopping Drive Total (sq.m.) area thru area Baan Tad 13,000 19,000 32,000 Lopburi 12,264 9,490 21,754 12
Slide 13: Our network
Our network Chiang Rai Mae Hong Existing stores Son Phayao Chiangmai Nan Lampang Phrae Nong Khai Bueng Kan Under construction Lamphun Uttaradit Loei Udon Sakon Nong Thani Nakhon Nakhon Bua Lam Phu Phanom Tak Sukhothai Phitsanulok Khon Kaen Kalasin Chumphon Mukdahan Phichit Phetcha Kamphaeng bun Phet
Slide 14: Thank you
Thank you 14 14 14
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