Ama Marine Public Co. Ltd. · SET:AMA
Ama Marine Public — FY2017 Earnings Presentation
15 slides from Ama Marine Public's earnings presentation, March 2018
Slide 1: FY2017 Results
AMA MARINE PUBLIC COMPANY EO FY2017 Results INN AN March 2018
Slide 2: Our background & development
Our background & development • Started International • Expanded service marine transportation route to “the (“Myanmar route”) Philippines” Established AMAL Registered capital • Registered capital • Registered capital increased to 12 MB with registered increased to 100 MB increased to 110 MB capital
Slide 3: Our business portfolio
Our business portfolio • AMA provides transportation service of Revenue structure 2016 2017 palm oil and vegetable oils for the world MB % MB % class producers and traders. International liquid logistic • Expert of liquid product transportation services which more than 20 years experience Service in
Slide 4: Our competitive advantage
Our competitive advantage Palm oil importers Palm oil exporters Mton Mton 50 50 40 40 30 30 20 20 10 10 • AMA provides tankers which are suitable for SEA due to the shallow - - watercourse. 2012 2013 2014 2015 2016 2017 2012 2013 2014 2015 2016 2017 • AMA provides the service in the India Europe Chi
Slide 5: A leader of the palm oil transportation
A leader of the palm oil transportation The service provider of vegetable oil transportation in SEA No. of Market share “The Joint Venture Companies between Kuala Lumpur Kepong Berhad, Service provider DWT Vessels in SEA (%) registered company in The Stock Exchange of Malaysia and PT Astra Agro Lest
Slide 6: Our marine services
Our marine services No Vessels DWT Year Year AMA operates the business on marine built purchased transportation. We provide liquid transportation services by standard tankers. 1 Chao Anoma 4,763 1995 2010 • Presently, we have 11 tankers with an average age of 15.6 years. 2 Primrose 4,908 1992 2012 •
Slide 7: Growing fuel consumption from rising vehicles
Growing fuel consumption from rising vehicles No. of truck registered in Thailand Domestic fuel consumption Units M liters 900,000 25,000 750,000 20,000 600,000 15,000 450,000 10,000 300,000 5,000 150,000 - - 2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 Non-Public Trucks Personal Trucks Gasolin
Slide 8: Efficient route management
Efficient route management Backhauling Management No. of AMAL’s trucks Units AMAL constantly extends the service routes, 180 200 including backhauling services that will 150 continuously drive our revenues. 150 100 100 43 50 5 0 2014 2015 2016 2017 2018f Product Delivery Gasoline & Gas Oil, 90% Biod
Slide 9: The bigger assets, the larger incomes
The bigger assets, the larger incomes Statements of Financial Position (Consolidated) As at December 31, 2017 Unit: MB 15.92% 4,000 515.68 3,500 3,000 (0.72%) 2,500 45.66% (14.99) 2,000 530.67 3,755.52 1,500 3,239.84 (330.32%) 1,000 2,077.66 2,062.67 1,692.85 (160.24) 500 1,162.18 48.51 - (111.73) (
Slide 10: Continuing revenues growth
Continuing revenues growth Statements of Comprehensive Income (Consolidated) Unit: MB 900 40% 32.28% 32.30% 30.00% 29.76% 27.44% 27.67% 26.24% 750 25.46% 30% 18.27% 18.03% 19.71% 600 13.96% 20% 12.65% 11.94% 22.42% 11.01% 454.44 450 386.25 10% 324.11 335.85 265.10 287.36 300 230.40 0% 181.59 171.17
Slide 11: Achieved profitable growth
Achieved profitable growth Statements of Comprehensive Income (Consolidated) Gross Profit Margin For the year ended December 31, 2017 31% Unit: MB 30.07% 55.60% 30% 1,600 536.20 29% 28.18% 1,400 1,200 28% 1,000 27% 2016 2017 800 1,500.65 45.83% Net Profit Margin 600 132.91 71.99% 17% 964.45 105.96 4
Slide 12: 2017 key financial matrix
2017 key financial matrix Key financial metrics (Consolidated) 2017 2016 ∆ Current Ratio 1.44 4.65 (3.21) Quick Ratio 1.34 4.54 (3.20) Debt to Equity Ratio 0.82 0.56 0.26 Interest Bearing Debt 0.77 0.52 0.25 Return on Assets 9.18 8.97 0.21 Return on Fixed Assets 17.80 19.81 (2.01) Return on Equity 1
Slide 13: Our acquisition plan
Our acquisition plan • Buying vessels Year 2014 2015 2016 2017 2018 2019 2020 No. of vessels (units) 5 6 8 10 12 14 16 Total deadweight (DWT) 18,876 23,699 46,661 82,981 ~110,000 ~136,000 ~162,000 • Buying tank trucks Year 2014 2015 2016 2017 2018 2019 2020 No. of tank trucks (units) 5 43 100 150 18
Slide 14: Looking forward
Looking forward Organic growth • Expanding in tankers and tank trucks’ fleet • Market penetration to other areas and customer base Inorganic growth • M&A • Creating value – synergy across multiple categories Source of funds Cash Equity Debt 14
Slide 15: Q&A
Q&A AMA Marine Public Company Limited 33/4 the 9th Towers, Room #TNA02, 33rd Floor, Tower A, Rama 9 Road, Huaykwang, Bangkok 10300 Thailand Tel: (662) 001-2801 Fax: (662) 001-2800 website: www.amamarine.co.th For further information and enquiries, please contact our IR Tel: (662) 001-2801 # 174 emai
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