Thai Stanley Electric Public Co., Ltd. · SET:STANLY
Thai Stanley Electric Public — FY2012 Earnings Presentation
32 slides from Thai Stanley Electric Public's earnings presentation, May 20, 2013
Slide 1: The 2012 Operation Result Meeting
The 2012 Operation Result Meeting Apichart Leeissaranukul May 20, 2013 THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED The completely integrated manufacturer of world class automotive lighting THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 2: Agenda
Agenda 1. Business Report 2012 2. The Fiscal Year 2012 Financial Statement 3. New Product (Jan – Mar 2013) THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 3: GDP Growth (2001 – 2013 (F))
Business Report GDP Growth (2001 – 2013 (F)) % 10.0 8.0 7.0 7.8 6.3 5.2 4.6 4.9 6.4 6.0 5.3 4.0 2.5 2.0 0.0 0.1 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 -2.8 -2.0 -4.0 Source: Office of National Economic and Social Development Board (www.nesdb.go.th) THAI STANLEY ELECTRIC PUBLIC COMPAN
Slide 4: 4W Market Sale (Domestic & Export)
Business Report 4W Market Sale (Domestic & Export) (2003 – 2012) X 1,000 unit Compare with FY2011▲61% 3000 Domestic Export 2.46 Million Units 2500 ▲40% 2000 1027 1.53 Million Units 1500 896 736 1000 539 690 776 441 535 ▲81% 332 235 1,436 500 703 683 800 794 533 626 631 615 549 0 2003 2004 2005 2006
Slide 5: 4W Market Sales (2011 - 2012 by Quarterly)
Business Report 4W Market Sales (Domestic & Export) (2011 - 2012 by Quarterly) X 1000 unit 1,530,113 units 2,463,006 units Compare with 2011 2012 FY2011 ▲61% 1000 800 721 679 600 563 500 478 473 400 360 219 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC
Slide 6: 4W Market Sale 2013 (January – March)
Business Report 4W Market Sale 2013 (January – March) Domestic & Export Compare with 2012 ▲ 39% X 1,000 unit Domestic Export 800 697 284 600 500 ▲29% 221 400 200 413 ▲48% 279 0 2012 2013 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 7: 4W Productions (2003 – 2012)
Business Report 4W Productions (2003 – 2012) X 1,000 unit 3000 Compare with 2011 ▲68% 2,454 2500 2000 1,644 1,394 1,458 1500 1,301 1,194 1,125 999 960 1000 751 500 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMIT
Slide 8: 4W Production (2011 - 2012 by Quarterly)
Business Report 4W Production (2011 - 2012 by Quarterly) unit 1,457,795 units 2,453,717 units Compare with 2011 ▲68% 2011 2012 1000 800 743 653 588 600 499 469 475 400 342 200 173 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 9: 4W Productions 2013 (January – March)
Business Report 4W Productions 2013 (January – March) X 1,000 unit 2012 2013 1000 ▲ 44% 800 600 400 721 499 200 0 2012 2013 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 10: 2W Market Sale (2003 – 2012)
Business Report 2W Market Sale (2003 – 2012) X 1,000 unit 3000 Compare with 2011 ▲6% 2500 2,112 2,130 2,027 2,055 2,007 2000 1,846 1,767 1,703 1,599 1,535 1500 1000 500 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY
Slide 11: 2W Market Sales (2009 - 2012 by Quarterly)
Business Report 2W Market Sales (2009 - 2012 by Quarterly) X 1,000 unit 2,007,083 units 2,130,067 units Compare with 2011 ▲6% 2011 2012 1000 800 600 586 560 541 538 400 521 520 486 386 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 12: 2W Market Sales 2013 - Domestic (January – March)
Business Report 2W Market Sales 2013 - Domestic (January – March) X 1,000 unit 700 600 ▲ 6% 500 400 300 520 549 200 100 0 2012 2013 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 13: 2W Productions (2003 – 2012)
Business Report 2W Productions (2003 – 2012) X 1,000 unit 3500 3000 Compare with 2011 ▲27% 2500 2000 1500 2,867 2,606 2,378 2,359 1000 2,079 2,024 2,043 1,923 1,652 1,634 500 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC CO
Slide 14: 2W Production (2011 - 2012 by Quarterly)
Business Report 2W Production (2011 - 2012 by Quarterly) unit Compare with 2011 ▲27% 2,043,039 units 2,606,161 units 2011 2012 1000 800 685 679 600 660 624 594 582 574 400 200 251 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 15: 2W Productions 2013 (January – March)
Business Report 2W Productions 2013 (January – March) X 1,000 unit 2012 2013 800 ▲ 14% 600 400 685 586 200 0 2012 2013 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 16: THS Business Result (Sales & Net Profit)
THS Business Result (FY2003 – FY2009) (Sales & Net Profit) Compare with FY2011 Sale ▲ 45% 13,000 6,000 Sales Profit Profit ▲ 123% 11,335 11,000 5,000 8,940 9,000 8,315 8,330 4,000 7,907 7,894 7,801 7,286 6,870 7,000 3,000 6,053 5,000 2,000 1,623 3,000 1,296 1,428 1,000 1,152 1,109 727 1,067 957 764
Slide 17: Analysis by Quarterly
Business Report – Analysis by Quarterly Analysis by Quarterly Unit : MB 3,500 2,500 2,942 2,985 2,868 2,000 2,489 2,540 2,500 2,212 1,950 1,500 1,500 1,000 1,151 485 500 442 500 444 418 367 328 232 0 Q1/2011 Q2/2011 Q3/2011 Q4/2011 Q1/2012 Q2/2012 Q3/2012 Q4/2012 -500 -500 -367 Sales Net Profit THAI
Slide 18: Operating Income
Business Report Operating Income Unit: Thousand baht Fiscal year 2012 Fiscal year 2011 (Apr 2012-Mar 2013) (Apr 2011-Mar 2012) Change amount ratio amount Ratio Auto bulb plant 678,994 5.99% 584,300 7.49% 16.21% Automotive lamp plant 10,264,006 90.55% 6,844,431 87.74% 49.96% Die & mold plant & R&D 39
Slide 19: Capital expenditures
Business Report Capital expenditures Unit: Million baht Fiscal year 2012 Fiscal year 2011 (Apr 2012 - Mar 2013) (Apr 2011 - Mar 2012) Change amount amount Land 23.35 292.08 (92.01%) Buildings 258.89 410.86 (36.99%) Machines & 1,479.09 902.27 63.93% Equipments Molds & Tools 311.05 330.30 (5.83%) Othe
Slide 20: Employment
Business Report Employment Unit: Person Fiscal year 2012 Fiscal year 2011 Change (Apr 2012-Mar 2013) (Apr 2011 - Mar 2012) Local employee (male) 1,884 1,663 221 Local employee (female) 1,571 1,438 133 Japanese staff 31 30 1 Total 3,486 3,131 355 THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 21: Agenda
Agenda 1. Business Report 2012 2. The Fiscal Year 2012 Financial Statement 3. New Product (Jan – Mar 2013) THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 22: Fiscal year 2012 Financial Statement – Balance Sheet
Fiscal year 2012 Financial Statement – Balance Sheet March March The equity method 31, 2013 31, 2012 Unit : MB Change (%) Current Assets 4,738.34 4,348.81 8.96 Total Assets 11,744.18 10,024.53 17.15 Current Liabilities 1,750.46 1,416.29 23.59 Total Liabilities 1,882.22 1,527.96 23.18 Shareholders’ E
Slide 23: Fiscal year 2012 Financial Statement – Statement of Income
Fiscal year 2012 Financial Statement – Statement of Income Fiscal Year Fiscal Year The equity method 2012 2011 Change (%) Unit : MB Sales 11,334.99 7,800.99 45.30 Cost of Sale 8,796.59 6,477.66 35.80 Other Income 246.72 489.35 (49.58) Selling and Administrative 838.06 978.34 (14.34) expenses Share o
Slide 24: Fiscal year 2012 Financial Statement – Cash Flow
Fiscal year 2012 Financial Statement March March The equity method Cash Flow 31, 2013 31, 2012 Unit : MB Net Cash received from Operating Activities 2,238.57 787.23 Net Cash used in Investing Activities (2,009.85) (1,714.94) Net Cash used in Financing Activities (229.87) (498.04) Net increase cash a
Slide 25: Agenda
Agenda 1. Business Report 2012 2. The Fiscal Year 2012 Financial Statement 3. New Product (Jan – Mar 2013) THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 26: New Product: Head and Rear Combination Lamp
New Product Head Combination Lamp Rear Combination Lamp THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 27: New Product: Head and Rear Combination Lamp
New Product Head Combination Lamp Rear Combination Lamp THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 28: New Product: Rear Combination Lamp
New Product Rear Combination Lamp THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 29: New Product: Head Lamp, Tail Lamp
New Product Head Lamp Tail Lamp THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 30: Disclaimer
Disclaimer This slides contain statements that constitute forward-looking statements, plans for the Future, management targets, etc. relating to the Company and its subsidiaries. These forward-looking statements are base on current assumptions of future events and trends , which may be incorrect and
Slide 31: Contact information for Investor Relations
Contact information for Investor Relations For further questions, please contact : Ms.Rattanaporn Boonwong : Investor Relations Tel : 662-581-5462-3 (10 lines) ext. 1164 Mobile phone : 085-487-3425 Fax: 662-581-5397 E-mail : rattanaporn@stanley.co.th THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 32: THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED The completely integrated manufacturer of world class automotive lighting THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Thai Stanley Electric Public Company — FY2012 Earnings Presentation on 6ix