Yukselen Celik As · BIST:YKSLN
Yukselen Celik As — Investor Presentation (May 2024)
22 slides from Yukselen Celik As's investor presentation, May 10, 2024
Slide 1: Investor Presentation
Investor Presentation 02.05.2023 İstanbul, 10 May 2024
Slide 2: YUKSELEN at a Glance
YUKSELEN at a Glance Estanblished date and place 1989, İstanbul Shareholding Million Share Special Steel Structure TRY Ratio Field of Activity Distribution and Steel Barış Göktürk 35.4 %28,34 Service Center Yüksel Göktürk 32.7 %26,14 Paid-İn Capital 125.000.000TRY Burak Göktürk 17.6 %14,08 Registere
Slide 3: Field of Activity
Field of Activity Niche-market Value-added products YKSLN is a steel service center which turns steel raw materials into semi- finished steel products used in a variety of industries. YKSLN has a mechanical and chemical heat treatment operation based on its registered and patented product portfolio.
Slide 4: Steelmelting & Rolling
Steelmelting & Rolling Steelmelting Mill Produces billets, ingots, blooms or similar liquid steel from ore or scrap Rolling Mill Shaping billets of steelmelting mill through hot or cold rolling INVESTOR PRESENTATION l 10 May 2024 l 4
Slide 5: Steel Service Center Products
Steel Service Center Products INVESTOR PRESENTATION l 10 May 2024 l 5
Slide 6: R&D of Patented Products
R&D of Patented Products YKSLN has developed around 80 products with trademarks, 11 of which are actively used in different industries. Metallurgical patents and trademarks are registered by determining the Technical Parameters (Chemical Composition, Shock, Flow, Drawing Standards, Reduction Ratio,
Slide 7: Target Sectors
Target Sectors ❑ Molding ❑ Automotive ❑ Machinery ❑ Defense ❑ Shipbuilding ❑ Press Machines ❑ Aluminum & Extrusion ❑ Construction Machinery ❑ Durable Goods ❑ Other Manufacturing ❑ Gear & Engine ❑ Crane Manufacturing INVESTOR PRESENTATION l 10 May 2024 l 7
Slide 8: Sector Based Turnover Distribution
Sector Based Turnover Distribution Sector Based Turnover Distribution End of Year 2023 Steel & Pipe Other Crane Manufacturing Durable Goods Defense Industry Mold Industry Ship Building Heavy Machinery Gear, Reducer and Motor Machinery Aluminum Industry Forging Industry Press Automotive INVESTOR PRES
Slide 9: Facilities & Branches
Facilities & Branches Dilovası SSC * HQ & Main Service Center* İzmir AOSB SSC * Dudullu Sales Office Dudullu Warehouse Ataköy Purchasing & Finance Office Ataköy Export Office * SSC: Steel Service Center Products Rising Steel Inc. Chicago INVESTOR PRESENTATION l 10 May 2024 l 9
Slide 10: Export
Export 160.000,0 Share of exports in turnover 14,00% Despite the contraction in 12,80% 140.000,0 12,00% Europe and our other target export markets and the 120.000,0 10,00% challenging market conditions, the increase in 100.000,0 8,00% our exports continues. 80.000,0 6,55% 6,00% 60.000,0 3,82% 4,00%
Slide 11: Financial Approach
Financial Approach INVESTOR PRESENTATION l 10 May 2024 l 11
Slide 12: Finanscials Approach
Finanscials Approach Δ Δ (Milyon) 2023 * 2022 * 2023 Δ 2022 Δ 2022/ 4.Ç 2023/ 4.Ç Revenue (TL) 1.413,4 2.875,5 1.131.0 1.477,8 396,2 387,7 EBITDA 218,4 801,9 145,6 268,1 64,6 73,0 EBITDA Margin %15,5 %27,9 %12,9 %18,1 %16,3 %18,8 Gross Profit 333,5 910,0 244,8 327,4 80,4 96,5 Gross Profit Margin %23
Slide 13: Revenue
Revenue 2021-2023 / Quarter based Revenues 396,2 386,2 387,7 375,7 328,0 319,6 281,7 276,0 151,7 157,3 139,3 88,0 1Q'21 2Q'21 3Q'21 4Q'21 1Q'22 2Q'22 3Q'22 4Q'22 1Q'23 2Q23 3Q23 4Q23 Δ These are data before the implementation of TMs 29, which was announced in the past. INVESTOR PRESENTATION l 10 May
Slide 14: NET Profit
NET Profit 2021-2023 / Quarter based Net Profit 67,4 56,2 51,5 43,5 21,2 20,6 18,0 13,7 6,1 3,7 1Q'21 2Q'21 3Q'21 4Q'21 1Q'22 2Q'22 3Q'22 4Q'22 1Q'23 2Q'23 3Q'23 4Q'23 -15,0 -45,5 Δ These are data before the implementation of TMs 29, which was announced in the past. INVESTOR PRESENTATION l 10 May 20
Slide 15: Revenue Growth
Revenue Growth Annual (M TRY) Quarter (M TRY) 2.875,4 396,2 387,7 %29 YBBO (‘21-’23) 1.860,9 281,6 1.477,7 1.413,4 1.131,0 678,7 55,7 62,6 2021 4.Ç'19 4.Ç'20 4.Ç'21 4.Ç'22 4.Ç'23 2022 2023 Before Tas 29 After Tas 29 Δ These are data before the implementation of TMs 29, which was announced in the pas
Slide 16: Reel Tonnage Growth
Reel Tonnage Growth Reel Tonnage Growth (TRY/Ton) %21 YBBO (‘19-’23) 17.544,0 57.698,2 55.169,3 13.377,0 32.189,8 9.873,0 26.777,7 24.506,7 7.036,0 2019 2020 2021 2022 2023 4Ç'20 4Ç'21 4Ç'22 4Ç'23 INVESTOR PRESENTATION l 10 May 2024 l 16
Slide 17: Capacity Ratio
Capacity Ratio 125 125 100 100 100 75 50 25 25 57 55 32 5 24 0 2020 Capacity 2021 Capacity 2022 Capacity 2023 Capacity INVESTOR PRESENTATION l 10 May 2024 l 17
Slide 18: 2023 Evaluation
2023 Evaluation Due to the extraordinary macroeconomic negativities experienced in our country; Rapidly increasing inflation, minimum wage and rising energy prices increased our general expenses, our financing expenses increased significantly due to high interest rates, due to the contraction in dom
Slide 19: Risk Management
Risk Management Direct Debiting System (DDS) ❑ YKSLN has DDS agreement and operation in 11 national banks that guarantee its customers Collection & Garantee ❑ In DDS receivables, the relevant bank "Credit guarantees %100 of the shopping ❑ Sales with DDS have a significant share in Insurance" and "Di
Slide 20: Investments
Investments INVESTOR PRESENTATION l 10 May 2024 l 20
Slide 21: Investments
İnvestments Dilovası SSC will start its partial activities in the 2nd half of 2023; The company will gradually increase its steel processing capacity of 100,000 tons. It will increase to 200,000 tons. INVESTOR PRESENTATION l 10 May 2024 l 21
Slide 22: YUKSELEN
YUKSELEN Y Thank You For Further Information Please ~~ invest@yukselen.com