Tmt Steel Public Co. Ltd. · SET:TMT
Tmt Steel Public — FY2021 Earnings Presentation
25 slides from Tmt Steel Public's earnings presentation, Apr 1, 2022
Slide 1: TMT Steel Opportunity Day: Performance Year End 2021
TMT STEEL PUBLIC COMPANY LIMITED Opportunity Day Performance Year End 2021 April 1, 2022
Slide 2: Agenda
TMT Business 2021 Industry Summary Agenda 2021 Financial Performance and Key Highlights 2022 Outlooks and Challenges
Slide 3: 30th Anniversary
30th Anniversary
Slide 4: Slide 4
Slide 5: TMT Business
CO TMNT Business Risk Management Logistic Management fe) Integrated Steel Distribution Center
Slide 6: TMT Business: Classified by Products and Process
TMT Business Classified by Products Classified by Process 22% 37% 48% 52% 41% Steel Sheet 48% Structural Steel 52% Trading 22% Processing 41% Manufacturing 37%
Slide 7: TMT Business: Classified by Business Group
TMT Business Classified by Business Group 4% Wholesaler 41% 13% Modern Trade 7% Mega Project 3% 41% 9% General Construction 8% Fabricator 15% Automotive & Vehicle 9% 15% Industrial Part & Makers 13% 8% 7% Others 4% 3%
Slide 8: Agenda
TMT Business 2021 Industry Summary Agenda 2021 Financial Performance and Key Highlights 2022 Outlooks and Challenges
Slide 9: 2021 Industry Summary
2021 Industry Summary • COVID-19 Pandemic • Government Policy • Inadequate Raw Material • Steel Consumption • Steel Price
Slide 10: Thailand Apparent Finished Steel Consumption
Thailand Apparent Finished Steel Consumption 29.7% 30 28.4% 30.0% 26.4% 25 23.6% 25.0% 21.5% 21.9% 21.2% 20.9 20 20.0% Million Tons 19.1 19.3 18.7 18.2 18.5 15 16.5 15.0% 10 10.0% 5.2 5.6 5 3.9 4.6 4.1 4.6 4.4 5.0% 0 0.0% 2015 2016 2017 2018 2019 2020 2021 Total Consumption Total HRC % of HRC YoY +1
Slide 11: Agenda
TMT Business 2021 Industry Summary Agenda 2021 Financial Performance and Key Highlights 2022 Outlooks and Challenges
Slide 12: Financial Performance: Sales Volume
Financial Performance Sales Volume (Ton) 778,755 756,769 757,175 712,101 678,913 2017 2018 2019 2020 2021 +4.58% +11.47% +2.91% -2.77% -5.95%
Slide 13: TMT Market Share (Hot Rolled Coil)
TMT Market Share (Hot Rolled Coil) Remark: 2019-2021 consumption of HRC excluded Japan import of HRC-Carbon Steel & Alloy
Slide 14: Domestic Steel Price (Hot Rolled Coil)
Domestic Steel Price (Hot Rolled Coil) Baht/Ton 40,000 35,000 35,000 2021 30,000 25,000 24,500 2020 21,500 20,000 2019 15,000 10,000 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2021 2020 2019 Source: ISIT, Bangkok and Vicini
Slide 15: Financial Performance: Sales Revenue
Financial Performance Sales Revenue (MB) 21,559 17,370 16,483 14,320 14,576 2017 2018 2019 2020 2021 +14.88% +21.30% -5.10% -11.57% +47.91%
Slide 16: Financial Performance: Gross Profit and Net Profit
O Financial Performance Million Baht GROSS PROFIT 12.34% 8.97% 1,284 1,266 1,044 208 2017 2018 2019 2020 2021 18.95% -18.69% -13.98% +40.98% +110.23% Million Baht NET PROFIT 7.10% 4.48% 3.70% 34% 1.40% 641 538 406 230 2017 2018 2019 2020 2021 -29.48% -36.66% -43.35% +133.91% +184.40% O TMT 30
Slide 17: Financial Performance: D/E and Liquidity Ratios
O Financial Performance D/E Ratio (Times) 1.85 a 1.68 1.50 1.46 2017 2018 2019 2020 2021 Liquidity Ratio (Days) 60 56 54 57 48 46 46 au 38 37 2017 2018 2019 2020 2021 =O=Inventory Turnover period t=Collection period TMT 30
Slide 18: Financial Performance: EPS and Profitability Ratios
Financial Performance EPS (Baht) Profitability Ratio (%) 40.76% 1.76 1.47 22.72% 16.90% 0.93 15.01% 15.20% 0.62 9.07% 7.92% 0.26 5.27% 6.08% 3.22% 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 ROA ROE EPS for 2017-2018, based on issued and paid-up capital 435,379,017 Baht
Slide 19: 2021 Key Highlights
2021 Key Highlights Operation Expanding Production Capacity Initiating Modern Infrastructure & TMT’s Products & Warehouse Spaces Data Automation Certified Made in Thailand Sustainability
Slide 20: Agenda
TMT Business 2021 Industry Summary Agenda 2021 Financial Performance and Key Highlights 2022 Outlooks and Challenges
Slide 21: 2022 Outlooks
2022 Outlooks • Russia-Ukraine War • Oil Price Increase • Inflation • Raw Material Price Volatility • Innovation & Technology • COVID-19 Omicron Variant
Slide 22: 2022 Challenges
2022 Challenges Supply Chain Collaboration
Slide 23: 2022 Challenges: Consistency, Availability, Simplicity
O 2022 Challenges Providing structure of your imagination Consistency Availability Simplicity TMT 30
Slide 24: Q&A
Q&A 02-685-4000 #4003 ir@tmtsteel.co.th
Slide 25: Disclaimer
Disclaimer This presentation material has been prepared solely for informational purposes only. TMT is furnishing it solely for use by prospective investors / analysts in the proposed event. TMT makes no representations or warranties as to the accuracy or completeness of such information. By accepti
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