Chow Bright Ventures Holdings Public Company Limited · SET:CHOW
Chow Bright Ventures Holdings Public — Chow Steel Industries Public Company — FY2024 Earnings Presentation
27 slides from Chow Bright Ventures Holdings Public's earnings presentation, March 2025
Slide 1: Opportunity Day FY2024
OPPORTUNITY DAY FY2024 1
Slide 2: Agenda
CD AGENDA Ard ng 2
Slide 3: Agenda
A B C D Business FY 2024 2025’s Q&A Overview Financial Target Performance & ESG Page Page Page Page 4 16 23 25 3
Slide 4: Agenda
ABCD 1Half Forward Q&A Business Operating Looking Overview AGENDA &Result ESG Page Page Page 4 26 29 4
Slide 5: Stock Information
Stock Information We Grow Sustainably Shareholding Structure : as of Mar 12, 2025 Stock Information Symbol CHOW Trade Market MAI (December 24, 2011) Industry Industrial Registered & Paid up capital 800 mBaht 70.6% Jiratomsiri Family Market CAP 1,064 mBaht 29.4% Others P/ E 7.21 P/ BV 0.51 Source: ww
Slide 6: Our Journey
Our Journey We Grow Sustainably 2003 - 2007 Establishment of CHOW as a steel billet producer and distributor - total license capacity of 730,000 tons/ year with BOI privileges - Electric Induction Furnace Technology - ISO 9001 2009 Became a listed member of London Metal Exchange (LME) 2011 Listed on
Slide 7: Updated Group Structure
Updated Group Structure We Grow Sustainably CHOW Steel CHOW BRIGHT VENTURES HOLDINGS PLC. Industries Plc. =SUBJECT TO AGM APPROVAL= 99.9% 76.0% 87.36% Chow Steel Captain Cash Chow Energy BlackRock Manufacturing Holding Plc. 99.9% 51.0% 49.0% Oversea Thailand Thailand Renewable Energy Renewable Energ
Slide 8: Products
Core Business We Grow Sustainably STEEL BUSINESS Certificate and licenses Thai Industrial Standards Institute (TISI) Manufacture License of Industrial product - Round Bars (RB6 RB8 RB9 RB10) Manufacture License of Industrial Product - Deformed Bar Manufacture License of Industrial Product - Low Carb
Slide 9: Core Business
Core Business We Grow Sustainably Energy Business EPC Service Private PPA EPC PPA Purchase our Chow Energy invests, own, operate, and O&M Smart investment system and enjoy Zero investment Key Features system while customer maximum enjoys discount savings electricity price Investment Competitive cost
Slide 10: Core Business
Core Business We Grow Sustainably Energy Business Thailand’s leader of secured capacity of private PPA and geographically dispersed across Thailand > 300 MW ▪ Incorporated in Thailand in 2014, Chow Energy is an owner, operator and developer of solar PV power PPA projects in Thailand, Japan and Austr
Slide 11: Our Capabilities
Our Capabilities We Grow Sustainably Energy Business Our business model is organized into 4 key business areas, vertically integrated in order to define and strengthen our offer as a group: Project Equipment Development Distribution • Identify best location • Tier-1 manufacturers at • Secure the sit
Slide 12: Main Equipment Used in Projects
Main Equipment Used in Projects We Grow Sustainably All equipments are selected with best quality and best price from our strong supplier relationship PV Panel: Choose a quality solar panel (Tier 1 Rating) with good reliability, warranty and efficiency Product Warranty:12 years, Performance Warranty
Slide 13: CHOW Grow Sustainably
CHOW Grow Sustainably We Grow Sustainably +115 Megawatts 2025 target for new PPA project in 10,000 Solar Thailand. systems CHOW group will have 140 Mb Chow operates solar secure megawatts at energy system with Cumulative money 183 Mw by end of various sectors of saving from electricity 2025. 34,107,
Slide 14: CHOW Grow Sustainably : ESG
CHOW Grow Sustainably : ESG We Grow Sustainably Steel Business Energy Business Carbon footprint Make a big impact Certificates for all with professional round bar products slides and charts. issued by TGO ESMS: Environmental Safety Management System
Slide 15: CHOW Grow Sustainably : ESG
CHOW Grow Sustainably : ESG We Grow Sustainably Received an excellent rating of 5 stars CG Scoring by IOD CAC Certificate Collective Action Against Corruption NACC Integrity Awards Renewable Energy Deal of the Year The Asset Triple A sustainable Infrastructure Awards 2023 4 Star rating of 2024 AGM Q
Slide 16: Agenda
B CD FY 2024Q&A Forward Looking Financial AGENDA Performance 16
Slide 17: YE 2024 Financial Performance
YE 2024 Financial Performance We Grow Sustainably Total Revenue [Mb] 3,522 Mb 3,369 Mb
Slide 18: YE 2024 Financial Performance
YE 2024 Financial Performance We Grow Sustainably 2023: 266 Mb 2024: 169 Mb 2023 2024 425 Mb 95 Mb 49% shares Return 520 Mb of solar activities platform Group to the Group for reinvest in in Thailand EBITDA renewable business
Slide 19: YE 2024 Financial Performance
YE 2024 Financial Performance We Grow Sustainably Local Solar Rooftop Progress: C&I scales
Slide 20: YE 2024 Financial Performance
YE 2024 Financial Performance We Grow Sustainably Local Solar Rooftop Progress: C&I scales • Gross profit margin slightly dropped by 10.9% due to Ft price decreased • EBITDA not significant changes from prior year
Slide 21: YE 2024 Financial Performance
YE 2024 Financial Performance We Grow Sustainably 3,579 3,579 3,383 3,383 Key Financial Ratios 2024 2023 2022 Current ratio 1.29 1.54 0.94 NCA EQUITY NCA EQUITY D : E Ratio 0.53 0.51 1.41 IBD/ Equity 0.26 0.26 1.23 CL NCL CL NCL BV per share 2.93 2.81 2.42 CA CA EPS (THB/ share) 0.18 0.51 1.28 21
Slide 22: Agenda
C D 2025’s Q&A Target AGENDA 22
Slide 23: 2025's Target: Steel Business
2025’s Target We Grow Sustainably 1 Steel Business INCREASING SALE VOLUME & MARGIN TRADING 2025: Sale volume 85,000 Tons SERVICE 2025: Produce long products 400,000 Tons Key Drivers Streamline production process with cost efficiency Chow products has lowest carbon emission in the market
Slide 24: 2025's Target: Energy Business
2025’s Target We Grow Sustainably 2 ENERGY Business Operational efficiency and cost management 1. Total secure PPA portfolio at 300 MW • Penetrate to C&I customers pipeline • Opportunity to expand into utility-scale project 2. Enhance system efficiency • High standard of O&M team • Advance technolog
Slide 25: Agenda
D Q&A AGENDA 25
Slide 26: Q&A
Q&A Chow Steel Industries Public Company Limited www.chowsteel.com Tel: +66 2 033 0901 - 08 Chow Energy Public Company Limited www.chowenergy.co.th Tel: +66 2 033 0910 - 14 26
Slide 27: Disclaimer
Disclaimer The information contained in this presentation is strictly confidential and is provided by Chow Steel Industries Public Company Limited (“Chow” or the “Company”) to you solely for your reference. Neither this presentation nor any part thereof may be (i) used for relied upon by any other p
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