Aksa Akrilik Kimya Sanayii A.s. · BIST:AKSA
Aksa Akrilik Kimya Sanayii A.s — Investor Presentation (September 2021)
30 slides from Aksa Akrilik Kimya Sanayii A.s's investor presentation, September 2021
Slide 1: Aksa Akrilik Kimya Sanayii A.Ş.
Aksa Akrilik Kimya Sanayii A.Ş.
Slide 2: Content
CONTENT Aksa in Brief Business Information Financial Highlights Financial Information
Slide 3: Aksa in Brief
AKSA IN BRIEF
Slide 4: Production Facility
PRODUCTION FACILITY TEXTILES DIRECTORY AKTEK NATURAL GAS AK-KİM DOWAKSA RAW MATERIAL STORAGE AREA POLYMERIZATION WAREHOUSE BALING FIBER SPINNING DIW SOLVENT RECOVERY PILOT PORT ENERGY POWER COAL POLYMERIZATION STATION WAREHOUSE
Slide 5: Aksa in Brief
AKSA IN BRIEF Company Name Aksa Akrilik Kimya Sanayii A.Ş. Establishment 1968 Paid Capital 323.750.000 TL Stock Borsa İstanbul (BİST) (1986>) Stock Code AKSA Adress Merkez Mah.Raif Ali Dinçkök Cad. No:2 Taşköprü Çiftlikköy-Yalova/Türkiye Web www.aksa.com E-mail ir@aksa.com Tel. / Fax 0 226 353 25 45
Slide 6: Shareholders
SHAREHOLDERS Aksa is a public company traded on BİST since 1986. Emniyet Ticaret ve Sanayi A.Ş. %19,74 Akkök Holding %39,59 Other %40,67
Slide 7: Stock Information
STOCK INFORMATION Aksa Stock Performance 25.00 22.94 20.42 20.00 19.50 16.39 16.29 14.98 15.00 13.82 15.34 10.12 10.00 7.01 6.75 4.58 5.00 3.95 6.63 3.21 0.00 Aksa Relative with BIST100 Relative with BIST CORPORATE GOVERNANCE Relative with BIST INDUSTRIALS
Slide 8: Akkök Holding
AKKÖK HOLDING Chemicals Energy Real Estate • Aksa • Akenerji • Akiş • DowAksa • Sedaş ̶ Akbatı • Ak-Kim • Sepaş ̶ Akasya • Akcoat • Akmerkez Textile Services • Aksa Egypt • Akmerkez Lokantacılık • Ak-Pa • Aktek • Dinkal
Slide 9: Akkök Holding
AKKÖK HOLDING 5.000+ 23 4 Employee Company Listed Company
Slide 10: Participations – Subsidiaries – Joint Ventures
PARTICIPATIONS – SUBSIDIARIES – JOINT VENTURES Joint Subsidiaries Ventures DowAksa Holdings Aksa Egypt %50 share %100 share 400 mio. USD capital Textile Carbon Fiber production
Slide 11: Corporate governance index position
ACRYLIC FIBER Aksa is at the 2st position as of 2020 BİST corporate governance index (2020 2st) (2019 2st) (2018, 2017, 2016 1st)
Slide 12: Acrylic fiber industry ranking and exporter position
ACRYLIC FIBER Aksa is one of the Textile & Textile biggest 42 Raw Materials industry Exporters companies from 1st the beginning of the index. Position (2020: 50 th)
Slide 13: Milestones
MILESTONES 1960 1980 2000 1970s 1990s 2010s • Carbon Fiber production • Distributed Control System (DCS) was • Capacity increased to 352.000 tons/year • Company Foundation established for the first time in Turkey • Carbon Fiber Company is founded via a • The plant in Yalova began to operate • Acrylic
Slide 14: Business Information
BUSINESS INFORMATION
Slide 15: Strategic Business Units
STRATEGIC BUSINESS UNITS Acrylic Fibers Technical Fibers Energy Largest acrylic fiber producer High value-added products / 145 Mw electricity licence in the world Develop fibers for technical end-use areas Around 40 mio USD %24 Global, %78 domestic revenue market share Global market leader Around 90
Slide 16: What Is Acrylic Fiber?
WHAT IS ACRYLIC FIBER? Wool Acrylic Fiber (Natural Fiber) (Synthetic Fiber) • Wool-like in appearance and touch (natural and warm) • Washable and keeps its shape • Resistance to moth, oil and chemicals • Resistance to sunlight • Dyeable with bright, resistant colurs
Slide 17: Acrylic Fiber Application Areas
ACRYLIC FIBER APPLICATION AREAS CLOTHING HOME TEXTILES Jumpers, socks, plush, hand knitting, sports Carpet, upholstery, balnkets, rugs, velvet wear and child wear fabrics TEXTILE FIBERS AKRİLİK ELYAFIN Areas of use in KULLANIM Acrylic Fiber ALANLARI USE OF AREAS FOR OUTDOOR AREAS OF INDUSTRIAL USE C
Slide 18: Market Share
MARKET SHARE Technical Fibers (Outdoor Acrylic Fiber) Global Market Leader Global Market Share 24% Market Share in Turkey 78%
Slide 19: Acrylic Fiber Cost Components
ACRYLIC FIBER COST COMPONENTS Chemicals Acrylonitrile Electricity Labor (ACN) Steam Other
Slide 20: What Is Technical Fiber?
WHAT IS TECHNICAL FIBER? • Industrial and outdoor applications • High Endurance • High resistance to rotten and mold
Slide 21: What Is Carbon Fiber?
WHAT IS CARBON FIBER? human hair . • Carbon fibers are extremely fine fibers (typ. 5-7 µ in dia.) (50-70 μ) consisting mostly of carbon atoms carbon fiber • Carbon fiber is >95% carbon (5-7 μ) • Carbon fibers are produced in tows (yarns) ranging from a carbon fiber and a human hair 1.000 filaments 1
Slide 22: Carbon Fiber – Application Areas
CARBON FIBER – APPLICATION AREAS Wind Turbine Blades Pressurized Vessels Civil Infrastructure Marine Aerospace Automotive Oil and Gas Power Transmission Sporting Goods Defense
Slide 23: 2021 Highlights
2021 HIGHLIGHTS
Slide 24: 2021 Highlights
2021 HIGHLIGHTS Dividend Payment In 6 April dated General Assembly Meeting, dividend amount for shareholders is settled as 282 Mio TRY. Emniyet Ticaret ve Sanayi A.Ş. which is one of the shareholders of the company, Share Purchase increased their partnership share to 19,74 % as of September 2021 In
Slide 25: 2021 Highlights
2021 HIGHLIGHTS Share Buy-back and Disposal As of February 18, 2021, all of the bought-back shares within the scope of the program of the Shares were sold at a price of 16,00 TRY. A total of 30.3 Million TRY profit was made including dividends Within the strategy to find new usage areas for acrylic
Slide 26: Financial Information
FINANCIAL INFORMATION
Slide 27: Balance Sheet
BALANCE SHEET BALANCE SHEET (K TL) 2015 2016 2017 2018 2019 2020 2021 Q1 2021 Q2 2021 Q3 Current Asset 1,075,543 1,387,576 1,858,921 2,448,122 2,179,759 2,653,990 2,711,197 3,061,467 3,717,691 Non -current Asset 1,178,532 1,245,394 1,495,380 1,740,505 2,008,162 2,272,022 2,458,548 2,591,860 2,760,27
Slide 28: Income Statement
INCOME STATEMENT Million USD 2015 2016 2017 2018 2019 2020 2021 Q1 2021 Q2 2021 Q3 Revenue 747 648 758 732 643 587 179 390 656 EBITDA 129 129 140 114 101 131 25 72 120 Net Income 73 42 81 46 49 63 18 54 95 EBITDA Margin % 17% 20% 18% 15.6% 15.7% 22.4% 13.9% 18.4% 18.2%
Slide 29: Investment – Profit – Dividend (Million USD)
INVESTMENT – PROFIT – DIVIDEND (MILLION USD)
Slide 30: Appendix / Disclaimer
APPENDIX / DISCLAIMER • Aksa Akrilik Kimya Sanayii A.Ş. contract or investment decision. events which may not prove to be (“Aksa”) has prepared this Investors and prospective investors in accurate. The forward-looking book (the “Book”) for the sole purpose of securities of any issuer mentioned state
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