Thanapiriya Public Company Ltd · SET:TNP
Thanapiriya Public — H1 2021 Earnings Presentation
22 slides from Thanapiriya Public's earnings presentation, Sep 14, 2021
Slide 1: Company Presentation
COMPANY PRESENTATION Thanapiriya Public Company Limited [14 September 2021]
Slide 2: Topics of Presentation
Topics of Presentation • Business Overview • Financial result • Investment Plan Strictly Private & Confidential 1
Slide 3: Business Overview
Business Overview Strictly Private & Confidential 2
Slide 4: History of Thanapiriya
History of Thanapiriya Thanapiriya was founded in 1965 under the name of “Ngow ThongChai”, old-style grocery store in Chiang Rai town. Sice 1991, the store has been developed under the name of “Thanapiriya Super”, currently known as clock tower branch. • Increase authorized • Listed in Thailand • Re
Slide 5: Distribution Channels
Distribution Channels 13,000 Sales Area M2 34 (Total 35 Stores) Retail Stores 1 1 Wholesale Store Wholesale Center Order Received (Head Quarter) Strictly Private & Confidential 4
Slide 6: Distribution Channels
Distribution Channels Strictly Private & Confidential 5
Slide 7: Existing Branches Location
Existing Branches Location 11 Branches in Muang Chiang Rai District 17 Branches Outside Muang Chiang Rai District 5 Branches in Phayao Province 2 Branches in Chiang Mai Province Strictly Private & Confidential 6
Slide 8: Product and Promotion
Product and Promotion Household Product Seasonal Product Plan & Distribution Personal Care Product Cosmetics & Supplements >400 Suppliers Beverage and grocery Baby Care Product >15,000 SKUs Strictly Private & Confidential 7
Slide 9: Product and Promotion: >140,000 Members
Product and Promotion Mobile Van >140,000 Members Seasonal & Special Promotion Strictly Private & Confidential 8
Slide 10: Corporate social responsibility (CSR)
Corporate social responsibility (CSR) Strictly Private & Confidential 9
Slide 11: Distribution Center and Transportation
Distribution Center and Transportation Approximate Storing Area Estimated Maximum Capacity Transportation Fleet 10,000 SQM 50 Branches >40 Trucks Strictly Private & Confidential 10
Slide 12: Financial Result
Financial Result Strictly Private & Confidential 11
Slide 13: Operating performance
Operating performance Total Revenues Unit : Million Baht 2,208 1,965 1,739 1,421 1,569 1,364 2016 2017 2018 2019 2020 H1'21 The Company has reclassified the service income for the year 2016 - 2018 to conform with the 2019 presentation, that reclassification has no effect to gross profit and net prof
Slide 14: Operating performance (cont.)
Operating performance (cont.) Revenue From Sales (Unit : Million Baht) 2,196 1,953 140 1,729 145 1,560 1,413 203 219 255 752 2,056 616 605 1,808 1,526 548 514 519 1,341 28 1,158 33 35 24 38 35 581 723 581 515 476 483 2016 2017 2018 2019 2020 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Branches HO % Growth 2
Slide 15: Operating performance (cont.)
Operating performance (cont.) SSS Growth Number of bills/Month/Branch 25.3% Ticket size SSS Growth 12.5% 8.2% 5.7% 1.6% 1.5% 2.0% 2.6% 0.1% -1.8% -7.7% 2016 2017 2018 2019 2020 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Growth ratio of revenues from sales 37.3% Incresed from new branches 21.4% 17.6% Incres
Slide 16: Operating performance (cont.)
Operating performance (cont.) Gross Profit Unit : Million Baht 16.3% 16.2% 17.9% 17.0% 16.1% 14.2% 15.0% 13.0% 13.6% 359 293 213 245 230 184 170 83 108 2016 2017 2018 2019 2020 Q2'20 Q2'21 H1'20 H1'21 Gross profit GP Margin% Distribution costs and administrative expenses Unit : Million Baht 10.3% 10
Slide 17: Operating performance (cont.)
Operating performance (cont.) EBITDA Unit : Million Baht 10.9% 10.9% 9.5% 8.8% 8.9% 7.3% 6.1% 6.3% 6.4% 143 149 111 98 95 87 66 45 2016 2017 2018 2019 2020 Q2'20 Q2'21 H1'20 H1'21 EBITDA EBITDA % Net Profit Unit : Million Baht 7.2% 7.4% 6.1% 5.4% 5.6% 134 4.5% 3.9% 3.9% 3.8% 101 89 61 65 60 56 44 28
Slide 18: Financial Position
Financial Position Total Assets Unit : Million Baht 1,156 1,032 105 829 869 820 101 713 312 68 63 78 261 43 30 239 248 249 - 205 - 0 - 83 578 609 456 477 507 325 - 58 - 57 - 41 - 69 68 35 25 32 2016 2017 2018 2019 2020 H1'21 Other assets Right-of-use assets Property, plant and equipment Liabilities
Slide 19: Key Financial Ratio
Key Financial Ratio Annualized : ROA Annualized : ROE 21.9% 16.4% 14.1% 17.9% 10.4% 13.1% 9.4% 10.4% 10.4% 8.0% 7.9% 9.9% 2016 2017 2018 2019 2020 H1'21 2016 2017 2018 2019 2020 H1'21 D/E Cash cycle days 29 26 27 25 24 22 0.4 0.4 0.3 0.3 0.3 0.2 2016 2017 2018 2019 2020 H1'21 2016 2017 2018 2019 202
Slide 20: Investment Plan
Investment Plan Strictly Private & Confidential 19
Slide 21: Investment Plan
Investment Plan 6 New Stores in 2021 (Expectation) 38 Total operating stores at the end of 2021 (Expectation) Q1 Q2 Q3 Q4 2021 Another three branches are 33rd branch located 34th branch located in 35th branch located in under construction located in Mae Suai, Chiang Rai Phu sang, Phayao Wiang Chiang
Slide 22: Q&A
Q&A Thanapiriya Public Company Limited Head-Office : 329 Moo.8 Ban-Du Sub District, Muang Chiengrai District, Chiengrai Province 57100 Tel. 0-5377-6144 Investor Relation Mr.Pittaya Jitmase Email: investor@Thanapiriya.co.th Strictly Private & Confidential 21
Thanapiriya Public Company — H1 2021 Earnings Presentation on 6ix