Qes Group Bhd · MYX:QES
Qes Group Bhd — Q2 2022 Earnings Presentation
28 slides from Qes Group Bhd's earnings presentation, Aug 24, 2022
Slide 1: QES Investor Briefing Q2-2022
QES INVESTOR BRIEFING Q2-2022 (24 Aug 2022) Assuring you our best, always in collaboration with © 2022 QES Group Berhad. All rights reserved.
Slide 2: Disclaimer
Disclaimer This Presentation has been prepared by QES Group Berhad and is preliminary in nature and solely for information and discussion purposes and must not be relied upon for any other purpose. The “Presentation” that follows shall mean and include the slides that follow, the oral presentation o
Slide 3: Company Overview - Corporate Structure
Company Overview - Corporate Structure DISTRIBUTION DIVISION MANUFACTURING DIVISION 100% 100% 100% 100% QES Intra Pacific QES (Asia-Pacific) QS Instruments QES Sdn. Bhd. Sdn. Bhd. Sdn. Bhd. Manufacturing Sdn. Bhd. 100% 87.7% QES (Thailand) Co., Ltd. QES Technology Philippines, Inc 100% 85% 30% 82.5%
Slide 4: Business Overview - Business Segments
Business Overview - Business Segments Distribution Manufacturing Semiconductor Semiconductor Inspection, Test Materials & Analytical Inspection & Automated & Measurement Engineering Instruments Measuring Handling Equipment Solutions Equipment Equipment © 2022 QES Group Berhad. All rights reserved.
Slide 5: Business Overview - Sector & Product Diversity
Business Overview -Sector & Product Diversity Manufacturing ❖ Diversified into 3 core sectors Core Business ❖ Counter cyclical Distribution ❖ Spare parts and service provide strong recurring Spare Parts and Service revenue ❖ Sustainable revenue Electrical & growth Semiconductor Electronics Automotiv
Slide 6: Financial Highlights - Quarterly Results QoQ and YoY
Financial Highlights - Quarterly Results QoQ and YoY For the period ended RM'mil Q2 22 Q1 22 QoQ% Jun 22 Jun 21 YoY% Revenue Distribution 46.6 60.4 -22.8% 107.0 95.6 11.9% - Product 29.3 40.6 -27.8% 69.9 60.6 15.3% - Materials 4.7 9.4 -50.0% 14.1 12.3 14.6% - Spares & Service 12.6 10.4 21.2% 23.0 22
Slide 7: Financial Highlights – Quarterly Revenue and PBT trend
Financial Highlights – Quarterly Revenue and PBT trend Quarterly Financial Highlights 2019 - 2021 Q2 66.3 20.0% 64.2 17.1% 54.3 52.6 53.1 51.7 14.2% 15.0% 41.5 11.9% 39.9 40.5 39.8 40.6 39.5 38.9 35.9 9.9% 10.3% 10.0% 8.9% 8.3% 9.3% 7.3% 6.8% 6.4% 6.2% 5.0% 2.7% 9.0 9.4 5.4 5.7 6.3 5.3 3.3 0.0% 2.9
Slide 8: Financial Highlights – Annual Revenue and PATMI trend
Financial Highlights – Annual Revenue and PATMI trend Financial Highlights 250.0 2018 - 1H 2022 12.0% 222.8 10.0% 200.0 193.1 9.5% 8.5% 161.4 8.0% 155.2 150.0 7.3% 119.4 6.0% 5.6% 100.0 4.0% 50.0 2.0% 2.0% 19.0 14.1 11.4 8.7 3.3 - 0.0% 2018 2019 2020 2021 1H-2022 Revenue (RM'million) PATMI (RM'milli
Slide 9: Financial Highlights of FYE22 – 6M cumulative period
Financial Highlights of FYE22 – 6M cumulative period Revenue (RM Mil) Gross Profit (RM Mil) PBT (RM Mil) PATMI (RM Mil) 119.4 11.4 29.8 15.7 10.8 27.1 14.4 106.9 6M-2021 6M-2022 6M-2021 6M-2022 6M-2021 6M-2022 6M-2021 6M-2022 • Overall revenue increased due to a jump in sales from both distribution
Slide 10: Financial Highlights – Cash & Cash Equivalents
Financial Highlights – Cash & Cash Equivalents Cash and cash equivalents (RM'mil) 85.4 79.4 76.3 71.4 51.3 45.7 2018 2019 2020 2021 Q1-2022 Q2-2022 © 2022 QES Group Berhad. All rights reserved.
Slide 11: Financial highlights – Gearing ratio
Financial highlights – Gearing ratio 160 0.40 150 144.0 139.1 140 135.7 0.35 130 120 117.3 0.30 110 0.28 0.27 0.26 100 0.25 87.8 89.1 90 RM' million 80 0.21 0.20 0.19 70 0.18 60 0.15 50 36.9 37.8 40 33.3 0.10 28.3 30 20 15.5 17.0 0.05 10 0 - 2018 2019 2020 2021 Q1-2022 Q2-2022 Total debts (RM'millio
Slide 12: Financial highlights – Other ratios
Financial highlights – Other ratios Earnings before Interest, Taxes, Depreciation and Profit attributable to Owners of the Company Amortisation (RM'million) (RM'million) 29.0 19.0 19.8 14.1 15.4 10.7 8.7 8.7 6.7 7.7 4.7 3.3 2018 2019 2020 2021 Q1-2022 Q2-2022 2018 2019 2020 2021 Q1-2022 Q2-2022 Basi
Slide 13: Analysis: Revenue Breakdown – By Country/Region
Analysis: Revenue Breakdown – By Country/Region 4.8% 8.3% 10.8% 8.5% 10.0% 13.4% 42.3% 57.8% 53.4% 50.2% 60.1% 52.5% 47.7% 38.3% 41.3% 37.4% 34.1% 29.1% 2018 2019 2020 2021 Q1-2022 Q2-2022 Malaysia ASEAN Others © 2022 QES Group Berhad. All rights reserved.
Slide 14: Analysis: Revenue Breakdown – By Division
Analysis: Revenue Breakdown – By Division 4.4% 11.4% 8.9% 12.2% 18.3% 16.2% 26.5% 15.7% 21.1% 23.7% 21.4% 25.8% 75.4% 69.1% 67.5% 64.1% 60.3% 58.0% 2018 2019 2020 2021 Q1-2022 Q2-2022 Distribution Division - Product Distribution Distribution Division - Services & Supply of Spare Parts Manufacturing
Slide 15: Analysis: Revenue Breakdown – By Industry
Analysis: Revenue Breakdown – By Industry 10.7% 8.6% 12.5% 14.5% 13.0% 18.4% 24.5% 18.8% 17.9% 20.0% 19.4% 24.8% 20.3% 26.2% 25.2% 53.6% 43.9% 45.2% 42.9% 39.6% 2019 2020 2021 Q1-2022 Q2-2022 Semicon Automotive E&E Others © 2022 QES Group Berhad. All rights reserved.
Slide 16: Analysis: Equipment Installed Base - Cumulative
Analysis: Equipment Installed Base - Cumulative Manufacturing Total QES Group * 371 13,175 13,379 400 359 14,000 12,933 344 12,291 11,642 350 11,070 300 12,000 300 265 243 10,000 250 8,000 200 6,000 150 4,000 100 50 2,000 - - FY 18 FY 19 FY 20 FY 21 Q1 22 Q2 22 FY 18 FY 19 FY 20 FY 21 Q1 22 Q2 22 *
Slide 17: QES Group – Advantages and Strengths
QES Group – Advantages and Strengths Diversified base of Well established own Large installed base more than 3,800 subsidiaries regional of more than 13,000 customers primarily infrastructure across machines worldwide. from semiconductor, ASEAN. E&E, Metal & Automotive sectors. Extensive R&D on Larg
Slide 18: Key Investment Merits
Key Investment Merits Diverse Products and Regional Presence in Strong financial balance Market Segments ASEAN Market With sheet Overseas Expansion ▪ 30 years experience of being a one stop specialist in Plans ▪ Cash and cash equivalents of > manufacturing, distribution and RM 76.3 million as of 30-
Slide 19: Corporate Updates
Corporate Updates Event Planned activities and updates QES @ Glenmarie ❖ Planning to have official opening ceremony before the end of 2022 ❖ Started process of appointing consultant for QES 2.0 @ BKIP project early Aug 22 QES @ Batu Kawan ❖ Expect to award construction contract by Oct/Nov 22 ❖ Groun
Slide 20: Outlook Summary for FY2022 and beyond
Outlook Summary for FY2022 and beyond Event Planned activities and updates ❖ Overall order intake momentum in 1H 2022 continues to be strong where 30-Jun-22 YoY growth over 30-Jun-21 is 66% up! ❖ Concerns will be how fast we can ship these orders as supply chain issues persisted up 2H FY2022 to now
Slide 21: Semiconductor Market Outlook
Semiconductor Market Outlook As a result, IC Insights now forecasts total semiconductor sales will rise over the next five years at a more moderate compound annual growth rate of 7.1% (Figure 1). Feb 10, 2022 The 2021-2026 CAGR for total opto, sensor, discretes (O-S-D devices) is projected to rise a
Slide 22: Semiconductor Market Outlook
Semiconductor Market Outlook © 2022 QES Group Berhad. All rights reserved.
Slide 23: Semiconductor Market Outlook
Semiconductor Market Outlook © 2022 QES Group Berhad. All rights reserved.
Slide 24: Semiconductor Market Outlook
Semiconductor Market Outlook © 2022 QES Group Berhad. All rights reserved.
Slide 25: Utilisation of Private Placement Proceeds - Update
Utilisation of Private Placement Proceeds - Update As of 30th June 2022 Revised Revised Proposed Actual Expected Utilisation Utilisation Balance Timeframe Purposes RM'000 RM'000 RM'000 for Utilisation (i) Factory capacity expansion 8,200 8,200 - Within 18 months from 30 Oct 2020 (ii) R&D on future p
Slide 26: ESG Targets and Action Plans - Environmental
ESG Targets and Action Plans Environmental ❖ QES promoting WEEE/ROHS analytical equipment to check and monitor hazardous elements (lead, mercury, 237 metric tons 912,209 km cadmium etc) coming into consumer electronic products.. of carbon avoidance per QES has installed more than 1,600 equipment to
Slide 27: ESG Targets and Action Plans - Social and Governance
ESG Targets and Action Plans Social Governance ❖ Appropriate checks and balance via separate roles and ❖ Gender and racial diversity within employees. functions of Chairman and Managing Director / Approximately 30% female; 70% male President. employee in the entire Group. ❖ Strong oversight and acco
Slide 28: Thank You
THANK YOU QES Group Berhad Tel: (603) 5882 6668 No 2, Jalan Jururancang U1/21, Fax: (603) 5567 0811 HICOM Glenmarie Industrial Park, Email: investor.relations@qesnet.com Seksyen U1, 40150 Shah Alam, Selangor, Website: www.qesnet.com Malaysia © 2022 QES Group Berhad. All rights reserved.