Advanced Information Technology Public Co., Ltd. · SET:AIT

Advanced Information Technology Public — Advanced Information Technology PCL — 3Q13 Earnings Presentation

30 slides from Advanced Information Technology Public's earnings presentation, Nov 26, 2013

  1. Slide 1: 3Q13 & 9M13 Performance Review

    Advanced Information Technology PCL 3Q13 & 9M13 Performance Review at Opportunity Day, organized by The Stock Exchange of Thailand Disclaimer: The information contained in our presentation is intended solely for your personal reference only. In addition, such information contains projections and for

  2. Slide 2: Agenda

    Agenda  Company Overview  Financial Highlights  Development Update  Increase Capital “Your Success is Our Success” 2

  3. Slide 3: Agenda

    Agenda  Company Overview  Financial Highlights  Development Update  Increase Capital “Your Success is Our Success” 3

  4. Slide 4: Business at Glance

    Business at Glance AIT is a leading systems integrator and ICT solution provider in Thailand, supplying ICT products and applications with repair & maintenance services to private and public sectors. AIT specializes in bringing ICT components and subsystems together to make its customers’ businesses

  5. Slide 5: Our Businesses

    Our Businesses 1 ICT Solution Service and Product Sales System integration and ICT solution services IT Security Data Center  Design the solution the best Core Business suit the customers Network Core Network  Integration of IT components Optimization – hardware and software Solution Services appl

  6. Slide 6: ICT Solution Services

    ICT Solution Services Key Suppliers (Business Alliances) Application Hardware System Software Software Network  Computer  Microsoft  Enterprise Resource  Wireless  Printer  UNIX Planning (ERP)  Data Center  Scanner  Databases  Billing System  Core networking  Geographic Information  Sec

  7. Slide 7: Milestones Awards & Recognitions

    Company Development 2013 Acquired 51% in Kirz Co., 2003 2012 Ltd., an internet and Listed on the Set up a JV operation telecommunication Stock Exchange of Milestones 2010 with Loxley Wireless services provider Thailand Co., Ltd. to drive IT Achieved a total 2006 revenues of over business services fo

  8. Slide 8: Nationwide Support Centers

    Nationwide Support Centers Headquartered in Bangkok, our nationwide support network in 7 locations allows us to deliver a standardized project support quality throughout the country as well as implement and maintain even the largest installations. Chiangmai Khon Kean Pitsanulok Nakorn Ratchasima Hea

  9. Slide 9: Well-Balanced Clientele Base

    Well-Balanced Clientele Base Total Revenues (Bt. Mil) 4,835 Private & other state 4,579 enterprises 4,188 3,877 33% 39% 3,325 Others 43% 46% 39% 61% 26% TOT CAT 25% 32% 38% 20% 24% Fixed Line & Mobile & 14% Network Provider Wireless Provider 41% 34% 37% 23% 24% 5-year Average Total Revenues by Clien

  10. Slide 10: Key Focus Sectors

    Key Focus Sectors Telecom Sector Finance & Insurance Sector Public Sector Private Sector “Your Success is Our Success” 10

  11. Slide 11: Sources of Revenues

    Sources of Revenues Services ICT Services  Yearly basis services Turnkey projects 10%  Support & maintenance 88%   ICT Operation management Training services End-to-end ICT Solution  Average 3 to 9 months Rental implementation  System integration and ICT 2% solutions, including Equipment Renta

  12. Slide 12: Agenda

    Agenda  Company Overview  Financial Highlights  Development Update  Increase Capital “Your Success is Our Success” 12

  13. Slide 13: 5-Year Financial Highlights

    5-Year Financial Highlights Total Revenue (THB. Mil) 4,579 4,835 4,188 4,304 3,877 3,325 2008 2009 2010 2011 2012 9M'13 Total Revenue Net Profit (THB. Mil) 9.1% 8.8% 9.4% 8.1% 8.3% 6.3% 439 407 381 368 312 209 2008 2009 2010 2011 2012 9M'13 Net profit Net profit margin “Your Success is Our Success”

  14. Slide 14: Total Revenues by Customer

    Total Revenues by Customer Annual Revenues (THB. Mil) Quarterly Revenues (THB. Mil) +32% YoY -19% QoQ 4,835 4,579 4,304 1,536 1,532 4,188 1,421 % of Total Revenue 1,236 28% 954 938 8% 877 34% 9% 64% 57% 2010 2011 2012 9M13 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 2Q'13 3Q'13 CAT TOT Private & other state enter

  15. Slide 15: Sales by Sources

    Sales by Sources Annual Sales (THB. Mil) Quarterly Sales (THB. Mil) +32% YoY -19% QoQ 4,801 4,553 4,140 4,270 % of Sales Revenue 1,531 1,512 10% 1,404 1% 1,227 11% 2% 953 932 851 89% 91% 2010 2011 2012 9M'13 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 2Q'13 3Q13 Project Sale Rental Service “Your Success is Our Su

  16. Slide 16: Gross Profit

    Gross Profit Annual GP (THB.mil) and GPM (%) Quarterly GP (THB.mil) and GPM (%) +47% YoY -13% QoQ 25.0% 24.0% 23.0% 25.4% 24.1% 25.9% 23.7% 21.0% 21.7% 23.2% 23.3% 1,149 388 364 956 954 327 317 752 226 216 185 2010 2011 2012 9M'13 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 2Q'13 3Q13 Gross profit Gross profit ma

  17. Slide 17: Net Profit

    Net Profit Annual NP (THB.mil) and NPM (%) Quarterly NP (THB.mil) and NPM (%) +21% YoY -28% QoQ 9.1% 9.4% 9.6% 9.5% 9.6% 9.8% 8.8% 8.9% 7.7% 8.8% 8.3% 439 407 150 381 368 148 109 108 92 89 77 2010 2011 2012 9M'13 1Q'12 2Q'12 3Q'12 4Q'12 1Q'13 2Q'13 3Q13 Net profit Net profit margin “Your Success is

  18. Slide 18: Profitability Analysis

    Profitability Analysis Return on Asset (%) Return on Equity (%) 17.6% 18.0% 17.1% 38.5% 37.0% 36.0% 13.9% 33.8% 33.5% 13.0% 11.4% 25.8% SETICT SETICT 2010 2011 2012 1Q13 2Q13 3Q13 2010 2011 2012 1Q13 2Q13 3Q13 “Your Success is Our Success” 18

  19. Slide 19: Capital Structure

    Capital Structure Interest -bearing debts Bt.859 mill /1 Total debt (Bt.mil) and D/E ratio (x) 2.01 1.69 1.69 Long-term 1.53 8% 0.94 0.97 3,236 2,743 2,706 Short- 2,227 term 92% 1,164 1,346 2010 2011 2012 1Q13 2Q13 3Q13 Total debt (Bt. Mil) D/E (x) “Your Success is Our Success” 19 Note: 1. As of 3Q

  20. Slide 20: 2013 – 2014 Backlog

    2013 – 2014 Backlog Revenues (THB. Mil) 9,000 Secured Estimated 8,000 7,000 6,000 350 759 5,000 4,000 3,000 4,731 2,000 1,000 0 Total backlog 2013-2014 onwards as Waiting for P/O Under bidding process of Nov 7, 2013 “Your Success is Our Success” 20 Source: Company estimates as of Nov7, 2013.

  21. Slide 21: Market Opportunities: 2014 onwards

    Market Opportunities: 2014 onwards Local market value: Bt. 9.9 THB bil State enterprise 36% Telecommunications Private 52% enterprises 14% AIT’s unrivalled advantages  Strong relationship with customers  Strong strategic partners and business alliances (suppliers)  Proven track record in providin

  22. Slide 22: Stock Information and Dividends

    Stock Information and Dividends Dividend policy is not less than 40% of normal net profit 78% 75% 76% 74% 68% 6.57 6.01 5.41 40% 5.18 5.00 4.50 4.00 3.52 3.50 4.34 2.75 1.75 2008 2009 2010 2011 2012 1H13 EPS (Bt./share) DPS (Bt./share) Dividend payout (%) Share information Par value: Bt. 5.00 Stock

  23. Slide 23: Stock Information

    Stock Information P/E Ratio (times) P/BV Ratio (times) 11.2 10.44 8.43 3.71 7.06 3.03 5.71 2.65 2.54 3.86 1.59 0.83 2008 2009 2010 2011 2012 Sep'13 2008 2009 2010 2011 2012 Sep'13 “Your Success is Our Success” 23 Source: www.set.or.th as of Nov 19, 2013

  24. Slide 24: Agenda

    Agenda  Company Overview  Financial Highlights  Development Update  Increase Capital “Your Success is Our Success” 24

  25. Slide 25: What We Believe

    What We Believe 1 Extensive Customer Base 2 Stable Financial Performance Enlarge customer base to enhance Penetrate into non-project based ICT business stability business for stable revenue stream  Retain existing customer base –  Expand service base to diversify state and private enterprises Busi

  26. Slide 26: The Acquisition of KIRZ

    The Acquisition of KIRZ About Kirz Deal Information • Kirz was founded in 1995 and has been the • AIT acquired 51% of the total paid-up capital for Bt. forefront in providing internet based and 51,000,000 telecommunication services in Thailand • Share purchase agreement on 4 April 2013 • The company

  27. Slide 27: Agenda

    Agenda  Company Overview  Financial Highlights  Development Update  Increase Capital “Your Success is Our Success” 27

  28. Slide 28: Increase Capital: Potential Growth

    Increase Capital Potential Growth 1,000 6,000 900 4,835 Total Revenue ( THB mm ) 4,579 5,000 10-year CAGR = 10.38% 4,304 Paid up capital and Net profit ( THB mm ) 4,188 800 3,877 4,000 3,325 700 3,000 2,278 600 1,722 1,647 2,000 1,363 500 1,018 439 407 1,000 400 381 368 312 337 344 344 300 300 303 3

  29. Slide 29: Increase Capital Plan

    Increase Capital Plan Objective  to support the Investing in  Cloud Service Strengthening service  Data Center future growth the capital businesses in  Transmission base Thailand  Digital Media  High Speed Internet Investing in new  to capture business potential growth opportunity project fro

  30. Slide 30: Thank you

    Thank you Advanced Information Technology Public Company Limited 37/2 Suthisarnvinijchai Road, Samsaennok, Huay Kwang, Bangkok, 10320 Tel: +662-275-9400 Fax: +662-275-9100 Website: www.ait.co.th For further information and enquiries, please contact our Investor Relations Department at: Sarin Chandra

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