Synergetic Auto Performance Public Co. Ltd. · SET:ASAP
Synergetic Auto Performance Public — Q1 2021 Earnings Presentation
15 slides from Synergetic Auto Performance Public's earnings presentation, May 14, 2021
Slide 1: Analyst Briefing - Q1/2021
/asap Synergetic Auto Performance Public Company Limited Analyst Briefing - Q1/2021
Slide 2: Performance Q1 2021, Trend forecast for 2024, Mobility solution driven
* Performance Q1 2021 * Trend forecast for 2024 ¢ Mobility solution driven
Slide 3: Performance Q1 2021
Performance Q1 2021 & *
Slide 4: Revenue and Margin (THB mn)
1,100 40% 1,000 35% 900 Revenue (THB mn) 30% 800 Margin (%) 700 25% 600 19.3% 20% 19.3% 500 17.8% 984 855 893 869 400 844 15% 798 13.8% 767 743 742 12.8% 11.8% 300 10.6% 10% 9.0% 200 6.7% 5% 100 0 0% Q1/19 Q2/19 Q3/19 Q4/19 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21
Slide 5: Key Updates: Q1/2021
100 KEY UPDATES : Q1/2021 THE TREND OF NUMBERS TO REDUCE COSTS IN YTD 1Q’21 Financial Costs 108 106 104 102 100 100 Admin & Selling expenses 86 ° ayig Q2/9 Q3z/i9_ G49 1/20. 2/20. 3/20. 4/20 ay2i aia az/i9 3/19 4/19 a1/20 2/20 3/20 4/20 ay/2t avg Q219.- 319.419. QV20.— @2’20. 320. 420. QV2 Admin&Sel
Slide 6: Key Updates: Q1/2021
KEY UPDATES : Q1/2021 No. Cars Basi M6 Incomes (THB) 604,715,739 Cost (THB) * Depreciation 331,652,642 Vehicle maintenance 58,294,286 * Insurance fee 523,217,676 * Other cost 24,067,924 Gross profit (THB) 138,383,209 GP per car 8,950 Qr20 16,506 644,844,599 369,309,679 76,453,963 68,997,186 18,276,5
Slide 7: • • • • • • • • ( ) • • • •
• • • • • • • • ( ) • • • • • ( ) ( ) • • • • • ( )
Slide 8: Financial Performance
oo Financial Performance ar20 avai % QoQ Income Statement THBmn —-%OF sales THB) —*% OF sales Revenue from sales and 84414 100% 869.28 100.0% — +2.98% Revenue from car rental 695.63 80.% 641.17 74% -7.83% Revenue from used cars 145.58 17% 224.78 26% —+54.41% renew from property 294 0% 333 0% +13,35%
Slide 9: Trend forecast for 2024
Y HU Trend forecast for 2024
Slide 10: Financial Target
Financial Target “Our journey towards achieving 2024 target” Key indicator 2019A 2020A 2021 Forecast 2024 Forecast No. Of Cars 19,188 18,662 = 16,000 = 15,000 Total Revenue (THB mn) 3,137 3,488 = 3,500 - 3600 =x 4,000 - 4,200 Gross Margin (%) 16.3 10.6 = 10-12 = 13-15 Net Margin (%) -2.9 -2.6 x O++
Slide 11: Strategic Roadmap forward to 2024
Strategic Roadmap forward to 2024 2024 GOAI Rental Revenue Proportion : Long-Term vs Others ~ 80 : 20 % Net Profit Margin ~ 4 - 6% HOW TO GROW RENTAL BUSINESS & NEW BUSINESS DE-FLEET BUSINESS OTHERS LONG-TERM: - Dilute port towards higher margin customer group - Balance optimal portfolio size Auctio
Slide 12: Mobility Solution Driven
Mobility Solution Driven
Slide 13: Mobility Solution Driven
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Slide 14: Slide 14
Slide 15: Q&A
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