Sahamitr Pressure Container Public Co. Ltd. · SET:SMPC
Sahamitr Pressure Container Public — Investor Presentation (February 2023)
36 slides from Sahamitr Pressure Container Public's investor presentation, Feb 22, 2023
Slide 1: Opportunity Day 2022 Presentation
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Opportunity Day 2022 Presentation Sustainable Growth Presented by: Mr. Surasak Urpsirisuk Mrs. Patama Laowong Mr. Jerawut Laowong Miss Kanya Vipanurut 22 February 2023 SAHAMITR PRESSURE CONTAI
Slide 2: Agenda
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Agenda 01 SMPC Overview 02 Industry Overview 03 Financial Highlights 04 Business Outlook 1 Opportunity Day
Slide 3: SMPC is a world leading Low Pressure Vessel manufacturer
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand SMPC is a world leading Low Pressure Vessel manufacturer with customers more than 100 countries Main products which generate major sales volume are LPG Cylinders Established in 1981 by the “Ek
Slide 4: Key Milestones
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand 2023 Key Milestones Entering the 5th decade, SMPC focuses on developing human capabilities, expanding customer outreach, reducing environmental impact, and creating “SMPC’s business has contin
Slide 5: Awards and Recognition 2022
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Awards and Recognition 2022 27 Oct 2022 : SMPC maintains Excellent CG 5 Scoring for the 3rd consecutive year of listed companies under the Corporate Governance Report of Thai List Companies: C
Slide 6: 2022 Production Process Improvement
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand 2022 Production Process Improvement Powder Coating Line for Large LPG Cylinder, Factory 4 SMPC constructs powder coating line in factory 4, used for large LPG cylinder's powder coating process
Slide 7: SMPC Continuous Improvements
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand SMPC Continuous Improvements Thanks for the feedback from our customers, we will continue to improve in these key areas… Product Delivery Communication ▪ Continue to Deliver Excellent ▪ Work w
Slide 8: 2022 - 2023 International Exhibitions
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand 2022 - 2023 International Exhibitions 2022 2023 Jul’22 Nov’22 May’23 Oct’23 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Mar’23 Sep’23 Nov’23 Oct’22 7 Opportunity Da
Slide 9: Wide Ranges of Product Coverage
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Wide Ranges of Product Coverage Household LPG Cylinder 0.45 - 300 kg. (Water Capacity 0.9 – 1,000 lt.) Automotive LPG Cylinder Cylindrical Autogas Recreational Toroidal Autogas Tanks Vehicles
Slide 10: Agenda
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Agenda 01 SMPC Overview 02 Industry Overview 03 Financial Highlights 04 Business Outlook 9 Opportunity Day
Slide 11: About the Industry
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand About the Industry Production Consumption GLOBAL GLOBAL DEMAND IN ASIA IS FORECAST TO PRODUCTION CONSUMPTION LEAD THE WAY INCREASED PRODUCTION INCREASED GLOBALLY OF 1.7% GREW OVER 4.3% OF 3.7%
Slide 12: LPG Production 2021
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand LPG Production 2021 LPG Production by Region 332 Mil. MT 1.7% 11 Source: Statistical review of global LPG 2022 Opportunity Day
Slide 13: LPG Consumption 2021
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand LPG Consumption 2021 LPG Consumption by Region 331 Mil. MT 3.7% Growth 5% Growth 14.5% Growth 9.2% Growth 2.8% Growth 0.1% 12 Industry -24.4% 12 Source: Statistical review of global LPG 2022 O
Slide 14: Household LPG Consumption by Region
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Household LPG Consumption by Region Global increase (2020-2021) 9.23%, regional growth in all regions except North America Domestic Consumption Growth (2020-2021) by Continents 2021 Domestic C
Slide 15: Predicted Global LPG Consumption by Region 2010-2030
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Predicted Global LPG Consumption by Region 2010-2030 • Predicted global LPG consumption is gradual growth annually, there are opportunities for SMPC to growin short to intermediate term. • The
Slide 16: % of Population with Access to Clean Cooking Fuels
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand % of Population with Access to Clean Cooking Fuels Access to clean fuels or technologies such as clean cookstoves reduce exposure to indoor air pollutants, a leading cause of death in low-inco
Slide 17: Agenda
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Agenda 01 SMPC Overview 02 Industry Overview 03 Financial Highlights • Utilization Rate • Sales Revenue • Financial Ratios • Dividend 04 Business Outlook 16 Opportunity Day
Slide 18: Operational Statistics Utilization Rate 1Q21-4Q22
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Utilization Rate Operational Statistics Utilization Rate (%) 1Q21-4Q22 Sales Volume (Million Cylinders) Utilization Rate 2.2 100% 1.9 1.9 90% 1.8 1.7 1.6 1.6 1.6 1.
Slide 19: Operational Statistics Utilization Rate 2017-2022
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Utilization Rate Operational Statistics Utilization Rate (%) 2017-2022 Sales Volume (Million Cylinders) Utilization Rate 5 5 5 5 Capacity 2017 2018 2019 2020 2021 2
Slide 20: Sales Revenue by Product Category 1Q21-4Q22
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Sales Revenue Operational Statistics (Cont’d) Sales Revenue by Product Category : 1Q21-4Q22 4Q21 4Q22 Sales Revenue (Million Baht) Others 13% Others 6% 1,800 1,534
Slide 21: Sales Revenue by Product Category 2017-2022
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Sales Revenue Operational Statistics (Cont’d) Sales Revenue by Product Category : 2017-2022 2021 2022 Sales Revenue (Million Baht) Others 5% Others 10% 6,000 5,248
Slide 22: Sales Revenue by Geography 1Q21-4Q22
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Sales Revenue Operational Statistics (Cont’d) Sales Revenue by Geography : 1Q21–4Q22 Sales Revenue (Million Baht) 4Q21 4Q22 1,800 Middle East Middle East Europe 1,6
Slide 23: Sales Revenue by Geography 2017-2022
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Sales Revenue Operational Statistics (Cont’d) Sales Revenue by Geography : 2017–2022 2021 2022 Sales Revenue (Million Baht) Middle East Europe Middle East Oceania ,
Slide 24: Operational Statistics: Margins and Profit 1Q21-4Q22
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Financial Ratios Operational Statistics (Cont’d) GPM, EBITDA Margin and NPM (%) 1Q21-4Q22 Gross Profit, EBITDA and Net Profit (MB) 1Q21-4Q22 5 5 5 5 5 5 PM EBIT A M
Slide 25: Operational Statistics: Margins and Profit 2017-2022
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Financial Ratios Operational Statistics (Cont’d) GPM, EBITDA Margin and NPM (%) 2017-2022 Gross Profit, EBITDA and Net Profit (MB) 2017-2022 5 5 , 5 , , 5 5 5 5 55
Slide 26: Financial Ratios: Leverage and Interest Coverage 1Q21-4Q22
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Financial Ratios Operational Statistics (Cont’d) IBD* to Equity Ratio, IBD* to EBITDA Ratio (times) Financial Cost (million baht), 1Q21-4Q22 Interest Coverage Ratio
Slide 27: Financial Ratios: Leverage and Interest Coverage 2017-2022
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Financial Ratios Operational Statistics (Cont’d) IBD* to Equity Ratio, IBD* to EBITDA Ratio (times) Financial Cost (million baht), 2017-2022 Interest Coverage Ratio
Slide 28: ROE and ROA
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Financial Ratios Operational Statistics (Cont’d) ROE and ROA (%) ROE and ROA (%) 1Q21-4Q22 2017-2022 5 5 OE OA 27 Opportunity Day
Slide 29: Dividend Payment History
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Dividend Dividend Payment History 5 Earning Per Share ividend per Share ividend Payout atio Waiting for AGM approval 31 Mar 2023 H1/22 = 0.60 H2/22 = 0.40 Remarks:
Slide 30: Dividend Payment Timeframe
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights : Dividend DIVIDEND PAYMENT TIMEFRAME AGM APPROVAL XD RECORD DATE PAYMENT DATE START END 31 Mar 2023 07 Apr 2023 10 Apr 2023 28 Apr 2023 29 Opportunity Day
Slide 31: Agenda
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Agenda 01 SMPC Overview 02 Industry Overview 03 Financial Highlights 04 Business Outlook 30 Opportunity Day
Slide 32: 2023 Target and Future Growth Strategy
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand IV. Business Outlook 2023 Target and Future Growth Strategy Projected Sales Volume (million cylinders) Projected Utilization (%) 5 31 Opportunity Day
Slide 33: Business Key Success Factors
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Business Key Success Factors “Experienced in LPG cylinder business about 42 years, SMPC, currently, is one of the world-leading manufacturer who offers variety of products and service with exc
Slide 34: 5-Megatrends: Innovation Development Strategy Toward Future Sustainability
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand IV. Business Outlook 5-Megatrends: Innovation Development Strategy Toward Future Sustainability Human Development • Enhance Employee's Skill Set • Foster Knowledge Sharing and Collaboration •
Slide 35: Disclaimer
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand Disclaimer This document is addressed solely to participants of the meeting for the purposes of their information only and is not to be distributed, in whole or in part, to any other person wi
Slide 36: Thank You
S A H A M I T R P R E S S U R E C O N T A I N E R P L C . World Class LPG Cylinder Manufacturer of Thailand THANK YOU 0-2895-4139-54 Info@smpcplc.com https://www.smpcplc.com 35 Opportunity Day
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