Qes Group Bhd · MYX:QES
Qes Group Bhd — Q3 2024 Earnings Presentation
26 slides from Qes Group Bhd's earnings presentation, Nov 19, 2024
Slide 1: Investor Briefing Q3 2024
INVESTOR BRIEFING Q3 2024 – 19 Nov 2024 www.qesnet.com © 2024 QES Group Berhad. All rights reserved.
Slide 2: Disclaimer
DISCLAIMER • This Presentation has been prepared by QES Group Berhad and is preliminary in nature and solely for information and discussion purposes and must not be relied upon for any other purpose. • The “Presentation” that follows shall mean and include the slides that follow, the oral presentati
Slide 3: Company Overview - Corporate Structure
COMPANY OVERVIEW - CORPORATE STRUCTURE DISTRIBUTION DIVISION MANUFACTURING DIVISION 100% 100% 100% 100% QES Intra Pacific QES (Asia-Pacific) QS Instruments QES Manufacturing Sdn. Bhd. Sdn. Bhd. Sdn. Bhd. Sdn. Bhd. 100% 87.7% QES (Thailand) Co., Ltd. QES Technology Philippines, Inc 100% 82.5% 100% 85
Slide 4: Business Overview - Business Segments
BUSINESS OVERVIEW - BUSINESS SEGMENTS Distribution Manufacturing Semiconductor Semiconductor Inspection, Test Materials & Analytical Inspection & Automated & Measurement Engineering Instruments Measuring Handling Equipment Solutions Equipment Equipment © 2024 QES Group Berhad. All rights reserved.
Slide 5: Business Overview - Sector & Product Diversity
BUSINESS OVERVIEW -SECTOR & PRODUCT DIVERSITY MANUFACTURING ❖ Diversified into 3 core sectors Core Business ❖ Counter cyclical DISTRIBUTION ❖ Spare parts and service provide strong recurring SPARE PARTS & SERVICE revenue ❖ Sustainable revenue growth Semiconductor Electrical & Electronics Automotive
Slide 6: Financial Highlights - Quarterly Results QoQ and YoY
FINANCIAL HIGHLIGHTS - QUARTERLY RESULTS QoQ AND YoY For the period ended RM'mil Q3'24 Q2'24 QoQ% Sep'24 Sep'23 YoY% Revenue Distribution 50.9 58.8 -13.4% 160.6 152.4 5.4% - Product 31.1 41.4 -24.9% 101.9 96.9 5.2% - Materials 3.9 3.9 0.0% 15.0 11.2 33.9% - Spares & Service 15.9 13.5 17.8% 43.7 44.3
Slide 7: Financial Highlights - Quarterly Results Comparison
FINANCIAL HIGHLIGHTS - QUARTERLY RESULTS COMPARISON In RM ‘mil For Period Ended Q3'24 Q3'23 Q2'24 Q3'24 vs Q3'24 vs Sep'24 Sep'23 Sep'24 vs Q3'23 Q2'24 Sep'23 Revenue 58.4 54.2 68.0 7.7% -14.1% 182.8 178.4 2.5% PATMI 1.2 4.3 6.4 -72.1% -81.3% 10.1 16.0 -36.9% PATMI Margin 2.1% 7.9% 9.4% 5.5% 9.0% EB
Slide 8: Financial Highlights - Quarterly Revenue and PBT Trend
FINANCIAL HIGHLIGHTS – QUARTERLY REVENUE AND PBT TREND Quarterly Financial Highlights 2021 - 2024 Q3 20.0% 72.0 73.0 18.2% 18.0% 68.0 66.3 66.9 17.1% 64.2 62.3 16.0% 58.4 57.3 56.4 14.5% 54.3 14.2% 54.2 14.0% 52.6 53.1 51.7 12.2% 12.0% 11.3% 11.9% 10.1% 10.0% 10.3% 9.9% 8.9% 8.0% 7.7% 6.3% 6.0% 5.9%
Slide 9: Financial Highlights - Annual Revenue and PATMI Trend
FINANCIAL HIGHLIGHTS – ANNUAL REVENUE AND PATMI TREND Financial Highlights 300.0 2020 - 9M 2024 12.0% 264.4 250.0 10.0% 240.7 10.0% 222.8 200.0 8.5% 182.8 8.0% 7.7% 155.2 150.0 6.0% 5.6% 5.5% 100.0 4.0% 50.0 2.0% 26.4 19.0 18.5 8.7 10.1 - 0.0% 2020 2021 2022 2023 9M-2024 Revenue (RM'million) PATMI (
Slide 10: Financial Highlights of FYE24 - 9M Cumulative Period
FINANCIAL HIGHLIGHTS OF FYE24 – 9M CUMULATIVE PERIOD Revenue (RM Mil) Gross Profit (RM Mil) PBT (RM Mil) PATMI (RM Mil) 178.4 182.8 21.7 16.0 47.8 46.7 14.4 10.1 9M-2023 9M-2024 9M-2023 9M-2024 9M-2023 9M-2024 9M-2023 9M-2024 • Overall revenue increased due to an increase in sales from distribution
Slide 11: Financial Highlights - Cash & Cash Equivalents
FINANCIAL HIGHLIGHTS – CASH & CASH EQUIVALENTS Cash and cash equivalents (RM'million) 85.4 79.4 80.7 70.9 66.8 2020 2021 2022 2023 9M-2024 © 2024 QES Group Berhad. All rights reserved.
Slide 12: Financial Highlights - Gearing Ratio
FINANCIAL HIGHLIGHTS – GEARING RATIO 190 0.40 178.4 180 174.1 170 159.0 0.35 160 150 140 135.7 0.30 130 0.28 120 117.3 0.25 110 0.23 RM' million 100 0.21 0.20 90 80 0.21 70 0.15 0.16 60 50 40.5 0.10 40 33.3 36.5 28.3 25.0 30 0.05 20 10 0 - 2020 2021 2022 2023 9M-2024 Total debts (RM'million) Shareho
Slide 13: Financial Highlights - Other Ratios
FINANCIAL HIGHLIGHTS – OTHER RATIOS Earnings before Interest, Taxes, Depreciation and Profit attributable to Owners of the Company Amortisation (RM'million) (RM'million) 39.3 26.4 32.0 29.0 19.0 18.5 21.9 15.4 10.1 8.7 2020 2021 2022 2023 9M-2024 2020 2021 2022 2023 9M-2024 Basic Earnings per Share
Slide 14: Analysis: Revenue Breakdown - By Country/Region
ANALYSIS: REVENUE BREAKDOWN – BY COUNTRY/REGION 6.1% 3.9% 8.3% 8.5% 9.0% 44.6% 50.2% 47.6% 53.4% 53.4% 51.5% 41.3% 43.4% 40.5% 38.3% 2020 2021 2022 2023 9M-2024 Malaysia ASEAN Others © 2024 QES Group Berhad. All rights reserved.
Slide 15: Analysis: Revenue Breakdown - By Division
ANALYSIS: REVENUE BREAKDOWN – BY DIVISION 11.4% 13.9% 13.5% 12.1% 16.2% 21.1% 19.3% 23.9% 25.4% 25.8% 67.5% 66.8% 64.0% 61.1% 58.0% 2020 2021 2022 2023 9M-2024 Distribution Division - Product Distribution Distribution Division - Services & Supply of Spare Parts Manufacturing Division © 2024 QES Grou
Slide 16: Analysis: Revenue Breakdown - By Industry
ANALYSIS: REVENUE BREAKDOWN – BY INDUSTRY 12.5% 9.3% 12.1% 14.5% 13.2% 17.6% 18.8% 18.0% 17.9% 20.0% 21.9% 24.8% 22.1% 20.3% 31.6% 51.2% 43.9% 45.2% 46.7% 38.4% 2020 2021 2022 2023 9M-2024 Semicon Automotive E&E Others © 2024 QES Group Berhad. All rights reserved.
Slide 17: Analysis: Equipment Installed Base - Cumulative
ANALYSIS: EQUIPMENT INSTALLED BASE - CUMULATIVE Manufacturing Total QES Group * 476 490 15,499 500 16,000 14,556 422 13,827 450 12,933 14,000 12,291 400 344 12,000 350 300 300 10,000 250 8,000 200 6,000 150 4,000 100 50 2,000 - - FY 20 FY 21 FY 22 FY 23 9M-2024 FY 20 FY 21 FY 22 FY 23 9M-2024 * Some
Slide 18: Sustainable Through Global Uncertainties
SUSTAINABLE THROUGH GLOBAL UNCERTAINTIES DIVERSE MARKET SEGMENTS & GEOGRAPHICAL SPREAD STRONG FINANCIALS PRODUCTS • > 30 years of being a one stop specialist in • Extensive subsidiaries network in ASEAN region. • Cash and cash equivalents of > RM 66.8 million as manufacturing, distribution and servi
Slide 19: Corporate Updates
CORPORATE UPDATES Event Planned activities and updates ❖ Currently at about 87% completion, on track. QES @ Batu Kawan ❖ To be GBI accredited conforming to ESG commitments ❖ On 20 September 2024, the Audit Committee was renamed to the Audit and Risk Management Committee to further strengthen the Gro
Slide 20: Semiconductor Market Outlook
SEMICONDUCTOR MARKET OUTLOOK © 2024 QES Group Berhad. All rights reserved.
Slide 21: Semiconductor Market Outlook
SEMICONDUCTOR MARKET OUTLOOK © 2024 QES Group Berhad. All rights reserved.
Slide 22: Semiconductor Market Outlook
SEMICONDUCTOR MARKET OUTLOOK © 2024 QES Group Berhad. All rights reserved.
Slide 23: ESG Targets and Action Plans - Environmental
ESG TARGETS AND ACTION PLANS Environmental Environmental ❖ QES promoting WEEE/ROHS analytical equipment to check and ❖ QES promoting WEEE/ROHS analytical equipment to monitor hazardous elements (lead, mercury, cadmium etc) coming check and monitor hazardous elements (lead, mercury, into consumer ele
Slide 24: Harnessing Solar Power for a Sustainable Tomorrow
HARNESSING SOLAR POWER FOR A SUSTAINABLE TOMORROW The PV System size in place is 233.2kWp with an expected output of 302,011kWh per year. With these solar panels in place, we are looking to offset 237 tonnes of carbon dioxide, which is also saving the equivalent of:- Our solar journey showcases our
Slide 25: ESG Targets and Action Plans - Social Governance
ESG TARGETS AND ACTION PLANS Social Governance ❖ Appropriate checks and balance via separate roles and functions of Chairman and Managing Director / ❖ Gender and racial diversity within employees. President. Approximately 30% female; 70% male employee in the entire Group. ❖ Strong oversight and acco
Slide 26: The End
THE END QES Group Berhad THANK YOU No 2, Jalan Jururancang U1/21, HICOM Glenmarie Industrial Park, Seksyen U1, 40150 Shah Alam, Selangor, Tel: (603) 5882 6668 Malaysia Fax: (603) 5567 0811 www.qesnet.com Email: investor.relations@qesnet.com © 2024 QES Group Berhad. All rights reserved.