Thai Stanley Electric Public Co., Ltd. · SET:STANLY
Thai Stanley Electric Public — FY2018 Earnings Presentation
27 slides from Thai Stanley Electric Public's earnings presentation, May 23, 2019
Slide 1: The 2018 Operation Result Meeting
The 2018 Operation Result Meeting Apichart Lee-issaranukul May 23, 2019 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 2018 2. The Fiscal Year 2018 Financial Statement
Slide 3: GDP Growth 2013 – 2019
Business Report GDP Growth 2013 – 2019 % 8 7 6 5 3.9 4.1 3.8 4 3.2 2.9 2.8 3 2 1 0.7 0 2013 2014 2015 2016 2017 2018 2019(F) Source: Bank of Thailand (https://www.bot.or.th/Thai/MonetaryPolicy/MonetPolicyComittee/MPR/Pages/default.aspx) THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 4: 4W Market Sale (Domestic & Export) 2009 – 2018
Business Report 4W Market Sale (Domestic & Export) 2009 – 2018 (January – December) X 1,000 unit Compare with FY2017 + 8.5% 3000 Domestic Export 2.18 Million 2500 2.01 Million Units Units 2000 1027 1128 1141 1500 1128 1140 + 1% 1205 1189 896 736 1000 535 1,436 1,331 + 19.5% 500 882 872 1,042 800 794
Slide 5: 4W Market Sales 2017 - 2018 by Quarterly
Business Report 4W Market Sales (Domestic & Export) 2017 - 2018 by Quarterly (January – December) X 1000 unit 2,011,346 units 2,182,379 units Compare with FY2017 + 8.5% 2017 2018 1000 800 600 554 577 532 540 519 524 495 451 400 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STA
Slide 6: 4W Market Sale 2019 (January – March)
Business Report 4W Market Sale (Domestic & Export) 2019 (January – March) X 1,000 unit Domestic Export Compare with 800 FY2018 + 6% 600 564 532 300 295 400 + 2% 200 237 264 + 11% 0 2018 2019 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 7: 4W Productions 2009 – 2018
Business Report 4W Productions 2009 – 2018 (January – December) X 1,000 unit Compare with 2017 + 9% 3000 2,454 2,457 2500 2,168 1,944 1,989 2000 1,880 1,913 1,644 1,458 1500 999 1000 500 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC
Slide 8: 4W Production 2017 - 2018 by Quarterly
Business Report 4W Production 2017 - 2018 by Quarterly (January – December) unit 2017 2018 Compare with 2017 1000 1,988,823 units 2,167,694 units + 9% 800 600 540 547 564 517 527 511 486 465 400 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMI
Slide 9: 4W Productions 2019 (January – March)
Business Report 4W Productions 2019 (January – March) X 1,000 unit 2018 2019 1000 800 600 400 540 561 + 4% 200 0 2018 2019 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 10: 2W Market Sale 2009 – 2018
Business Report 2W Market Sale (2009 – 2018 January - December) X 1,000 unit 2500 Compare with 2017 - 1% 2,130 2,007 2,004 1,845 1,811 1,788 1,702 1,738 1,639 1,535 1500 500 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPA
Slide 11: 2W Market Sales 2017 - 2018 by Quarterly
Business Report 2W Market Sales 2017 - 2018 by Quarterly (January – December) X 1,000 unit 1,810,771 units 1,788,323 units 2017 2018 Compare with 2017 1000 - 1% 800 600 400 488 470 462 465 441 431 420 422 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC CO
Slide 12: 2W Market Sales 2019 - Domestic (January – March)
Business Report 2W Market Sales 2019 - Domestic (January – March) X 1,000 unit 700 600 500 400 300 465 462 200 - 0.6 % 100 0 2018 2019 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 13: 2W Productions 2009 – 2018
Business Report 2W Productions 2009 – 2018 (January – December) X 1,000 unit 3500 Compare with 2017 + 0.4% 2,606 2500 2,219 2,024 2,043 2,055 2,063 1,843 1,807 1,820 1,634 1500 500 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLI
Slide 14: 2W Production 2017 - 2018 by Quarterly
Business Report 2W Production 2017 - 2018 by Quarterly (January – December) unit 2,055,193 units 2,063,076 units 2017 2018 Compare with 2017 1000 + 0.4% 800 600 543 509 515 518 504 513 510 400 506 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LI
Slide 15: 2W Productions 2019 (January – March)
Business Report 2W Productions 2019 (January – March) X 1,000 unit 2018 2019 800 600 400 543 512 - 5.8% 200 0 2018 2019 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 16: THS Business Result (FY2009 – FY2018)
Business Report THS Business Result (FY2009 – FY2018) (Sales & Net Profit) Compare with FY2017Sale + 10.7% Profit + 19.2% 16000 Sales Profit 6000 14,635 14000 13,220 5000 12000 11,335 11,025 4000 10,672 10,269 10000 9,524 8,940 3000 7,801 8000 7,286 1,978 2000 6000 1,659 1,623 1,488 1000 4000 1,428
Slide 17: Analysis by Quarterly
Business Report – Analysis by Quarterly Analysis by Quarterly Unit : MB 6000 2500 5000 2000 3,949 4000 3,797 3,638 3,586 3,393 3,302 1500 3,220 2,969 3000 1000 2000 541 500 1000 550 555 505 426 382 382 296 0 0 Q1/2017 Q2/2017 Q3/2017 Q4/2017 Q1/2018 Q2/2018 Q3/2018 Q4/2018 Sales Net Profit THAI STAN
Slide 18: Operating Income
Business Report Operating Income Unit: Million baht Fiscal year 2018 Fiscal year 2017 (Apr 2018-Mar 2019) (Apr 2017 -Mar 2018) Change (%) Amount ratio Amount Ratio Auto bulb plant 593.11 4.05% 592.37 4.48% 0.12% Automotive lamp plant 13,778.34 94.15% 12,186.60 92.18% 13.06% Die & mold plant & R&D 26
Slide 19: Capital expenditures
Business Report Capital expenditures Unit: Million baht Fiscal year 2018 Fiscal year 2017 (Apr 2018 - Mar 2019) (Apr 2017 - Mar 2018) Change amount amount Land 127.80 6.09 1,998.52% Buildings 817.28 142.58 473.21% Machines & Equipment 1,829.19 728.09 151.23% Molds & Tools 377.57 270.12 39.78% Others
Slide 20: Employment
Business Report Employment Unit: Person Fiscal year 2018 Fiscal year 2017 Change (Apr 2018-Mar 2019) (Apr 2017-Mar 2018) Local employee (male) 1,711 1,590 121 Local employee (female) 1,460 1,381 79 Japanese staff 25 26 (1) Total 3,196 2,997 199 THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 21: 2018 Awards
Business Report 2018 Awards Award from Government 1. The Best Performance Company of Safety , Occupational Health and Workplace Environment as of year 2018 From Department of Labor Protection and Welfare for 15 consecutive years ( August 2018) 2. An Outstanding Establishment for Labor Relations Welf
Slide 22: Agenda
Agenda 1. Business Report 2018 2. The Fiscal Year 2018 Financial Statement
Slide 23: Statements of Financial Position
Statements of Financial Position 31 March 2019 31 March 2018 Change (MB) (MB) (%) The Equity Method Current Assets 9,033.80 9,290.06 (2.76%) Total Assets 19,254.50 16,938.77 13.67% Current Liabilities 2,883.11 2,066.18 39.54% Total Liabilities 3,287.94 2,407.39 36.58% Shareholders’ Equity 15,966.56
Slide 24: Statements of Income
Statements of Income 31 March 2019 31 March 2018 Change (MB) (MB) (%) The Equity Method Sales 14,634.62 13,220.45 10.70% Cost of sales 11,864.53 10,775.58 10.11% Gross Profit 2,770.09 2,444.87 13.30% Selling and Administrative 927.80 889.95 4.25% expenses Share of profit from 316.18 294.76 7.27% inv
Slide 25: Statements of Cash Flows
Statements of Cash Flows March March The Equity Method 31, 2019 31, 2018 Unit : MB Net Cash received from Operating Activities 2,503.77 2,732.70 Net Cash used in Investing Activities (2,308.22) (1,423.64) Net Cash used in Financing Activities (536.37) (383.12) Net decrease cash and Cash equivalents
Slide 26: 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 27: Contact Investor Relations
Contact Investor Relations Download : The presentation files at www.thaistanley.com/Investor Relations/Analyst Meeting Presentation For further questions, please contact : Ms.Rattanaporn Boonwong : Investor Relations Tel : 662-581-5462-3 (10 lines) ext. 1164 Fax: 662-581-4502 E-mail : rattanaporn@st
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