Tmt Steel Public Co. Ltd. · SET:TMT
Tmt Steel Public — Q1 2024 Earnings Presentation
15 slides from Tmt Steel Public's earnings presentation, May 24, 2024
Slide 1: Analyst Meeting 2/2024
Slide 2: Agenda
Agenda Q1/2024 HIGHLIGHTS • THAILAND STEEL CONSUMPTIONS • FINANCIAL PERFORMANCE • TMT MARKET SHARE • INFORMATION UPDATE- ESG
Slide 3: Thailand Apparent Finished Steel Consumption
Thailand Apparent Finished Steel Consumption 29.8% 29.5% 30 28.4% 28.1% 27.3% 30.0% 26.4% 23.6% 21.9% 25 25.0% 21.5% 21.2% 20.9 20 20.0% 19.1 19.3 18.5 18.7 18.2 15 16.5 16.4 16.3 15.0% 10 10.0% 5.2 5.6 5 3.9 4.6 4.1 4.6 4.4 4.6 4.5 5.0% 4.0 1.2 Unit: Million Tons 0 0.0% 2015 2016 2017 2018 2019 202
Slide 4: Financial Highlights Q1/2024: Sales Value and Sales Volume
FINANCIAL HIGHLIGHTS Q1/2024 SALES VALUE SALES VOLUME (Million Baht) (Tons) 5,003 190,208 250,000 5,466 5,096 193,756 180,096 194,709 190,208 6,000 4,936 5,003 5,500 171,503 200,000 4,494 5,000 4,500 150,000 4,000 3,500 100,000 3,000 2,500 2,000 50,000 1,500 1,000 1Q23 2Q23 3Q23 4Q23 1Q24 1Q23 2Q23
Slide 5: Sales Volume by Product Group and Customer Group
COLD FORMING 190,208 45% Tons PROCESSING WHOLESALERS 41% 56% TRADING 14% CONSTRUCTION Product Group 21% FACTORY 19% OTHERS 4% Customer Group
Slide 6: Sales Volume Classified by Product
Sales Volume Classified by Product
Slide 7: Classified by Product
Classified by Product 193,756 194,709 190,208 180,096 27,001 29,142 171,503 +9.79%QoQ 27,549 +2.03%YoY 28,375 25,093 78,875 81,037 77,405 +9.36% QoQ 73,344 70,782 -1.86% YoY 87,880 84,530 85,254 78,377 75,628 +12.73%QoQ -2.99%YoY Unit: Tons 1Q23 2Q23 3Q23 4Q23 1Q24 Cold Forming Processing Trading
Slide 8: Financial Highlights Q1/2024: Gross Profit and Net Profit
FINANCIAL HIGHLIGHTS Q1/2024 GROSS PROFIT 600 NET PROFIT 8.62% 500 6.25% 6.30% 6.00% 400 4.94% 4.00% 300 3.75% 3.50% Million Baht 3.00% 471 2.50% 200 1.58% 1.65% 318 2.00% 315 205 244 270 1.50% 100 0.71% 0.28% 1.00% 80 83 0.50% 35 13 0.00% 1Q23 2Q23 3Q23 4Q23 1Q24 1Q23 2Q22 3Q23 4Q23 1Q24 +16.95% Qo
Slide 9: Financial Highlights Q1/2024: EPS and D/E Ratio
FINANCIAL HIGHLIGHTS Q1/2024 EPS (Baht) D/E RATIO (Times) 0.24 2.00 1.73 1.71 1.69 1.65 0.09 0.09 0.04 0.01 1Q23 2Q23 3Q23 4Q23 1Q24 1Q23 2Q23 3Q23 4Q23 1Q24
Slide 10: Financial Highlights Q1/2024: ROA and ROE
FINANCIAL HIGHLIGHTS Q1/2024 Return on Asset (%) Return on Equity (%) 3.58 3.72 10.75 3.39 10.00 9.26 2.09 2.33 6.18 5.67 1Q23 2Q23 3Q23 4Q23 1Q24 1Q23 2Q23 3Q23 4Q23 1Q24 ROA ROE
Slide 11: Financial Highlights Q1/2024: Inventory Turnover and Collection Period
FINANCIAL HIGHLIGHTS Q1/2024 Inventory Turnover Period (Day) Collection Period (Day) 55 57 54 56 59 60 52 49 55 49 50 50 42 45 40 35 30 25 20 15 10 1Q23 2Q23 3Q23 4Q23 1Q24 1Q23 2Q23 3Q23 4Q23 1Q24 Inventory Turnover period Collection period
Slide 12: TMT Market Share (Hot Rolled Coil)
TMT Market Share (Hot Rolled Coil) 26.7% 6.0 24.8% 30.0% 20.9% 21.8% 18.3% 18.9% 25.0% 13.3% 13.4% 20.0% 11.2% 11.3% 5.0 15.0% 4.6 10.0% 4.0 5.0% 3.9 4.6 4.1 0.0% 3.5 3.2 3.0 -5.0% 3.1 2.8 -10.0% 2.7 -15.0% 2.0 -20.0% -25.0% 1.0 0.61 0.64 0.65 0.61 0.62 0.66 0.44 0.52 0.54 -30.0% 0.17 0.6 -35.0% Uni
Slide 13: Information Update
INFORMATION UPDATE GOOD CORPORATE PROFIT & GOVERNANCE ECONOMY < ENVIRONMENT TMT
Slide 14: ESG Operations (Jan-Mar 2024 data)
การดาเนินงานด้าน ESG ข ้อมูล ม.ค.-มี.ค.2567
Slide 15: Information & Contact
INFORMATION & CONTACT OO ae L @tmtsteelofficial