Sam Engineering & Equipment (m) Bhd · MYX:SAM
Sam Engineering & Equipment (m) Bhd — Investor Presentation (May 2019)
33 slides from Sam Engineering & Equipment (m) Bhd's investor presentation, May 21, 2019
Slide 1: SAM Engineering & Equipment (M) Berhad Investor Briefing
SAM Engineering & Equipment (M) Berhad Investor Briefing 21 May 2019 Kuala Lumpur 1
Slide 2: Introduction
Introduction —SAmM Confidential
Slide 3: Our Business
Our Business SS Pr MI Aerospace / SS A M Equipment/ Confidential
Slide 4: Our Facilities
Our Facilities Equipment Equipment (Equipment Integration) (Metal Fabrication & Special Process) Aerospace & Equipment Penang, Malaysia Penang, Malaysia (Small Format Machining) Penang, Malaysia Aerospace & Equipment Aerospace WE ARE IN PENANG, (Special Process) Penang, Malaysia (Casings) Penang, Ma
Slide 5: Products & Services
Products & Services —SAmM Confidential
Slide 6: SAM Aerospace Engine Case
SAM Aerospace Engine Case • Airbus - A320, A320neo, A330, A380 • Boeing - B737NG/Max, B747-8, B767, B777, B787 • Nickel-based alloys • Embraer - 170/175, 190/195 • Titanium Aircraft • Bombardier - CRJ 700/900, Learjet 60 Applications • Dassault - Falcon 200EX • Stainless steel • Cessna - Citation Je
Slide 7: SAM Aerospace Engine Case
SAM Aerospace Engine Case - Aluminum 7
Slide 8: SAM Aerospace Beams - A320neo & A350
SAM Aerospace Beams - A320neo & A350 8
Slide 9: SAM Aerospace Prismatic Parts
SAM Aerospace Prismatic Parts 9
Slide 10: SAM Equipment Contract Manufacturing Products
SAM Equipment Contract Manufacturing Products Wire Bonding Machine X-ray PCBA Inspection JEDEC Tray Test Handler HDD Tester Equipment Vacuum Chamber Assembly Lithography Wafer Inspection Advanced Packaging 10
Slide 11: SAM Equipment Contract Manufacturing Services
SAM Equipment Contract Manufacturing Services PRODUCTION FLOOR – CLEANROOM ASSEMBLY Small/Medium/Large Format Machining 11
Slide 12: SAM Equipment Metal Fabrication
SAM Equipment Metal Fabrication CNC Machining 12
Slide 13: SAM Aerospace Business Update
SAM Aerospace Business Update 13
Slide 14: SAM Aerospace
SAM Aerospace FMS lines running at full capacity delivering > 1,000 beams average per year. 14
Slide 15: SAM Aerospace New Equipment at Singapore Tuas Facility
SAM Aerospace New Equipment at Singapore Tuas Facility - Engine casings for B737max and A320neo 10 machines in-house and 4 more to be commissioned by Oct 2019. 15
Slide 16: SAM Aerospace Automation and Data Transformation towards Industry 4.0
SAM Aerospace Automation and Data transformation towards Industry 4.0 Machining Non Destructive Test Deburring Coating Measurement Sensing Feedback 16
Slide 17: SAM Equipment Business Update
SAM Equipment Business Update 17
Slide 18: SAM Equipment
SAM Equipment Semicon Equipment • Pushing on larger market share and higher level integration. • Winning new projects. Storage Device Equipment • Enterprise Data Management and Big Data Generation have driven bigger customer orders. • Gaining more traction into the Semicon sector. 18
Slide 19: SAM Equipment Technology and Equipment
SAM Equipment Technology and Equipment • Customer’s approval granted to run mass production for Semiconductor Front End Business and complex parts on the new machines (3 units of 5 axis machines and 1 unit of turn-mill 9 axis).
Slide 20: Market Outlook: Aerospace
Market Outlook Aerospace —SAmM Confidential
Slide 21: Long Term Air Traffic Growth
Long Term Air Traffic Growth Source: Airbus Global Market Forecast 2018 • Air traffic double every 15 years • 4.4% growth p.a from 2017~ 2032 21
Slide 22: Traffic Growth Drives Demand of New Aircraft
Traffic Growth Drives Demand of New Aircraft 37,400 aircraft over next 20 years Source: Airbus Global Market Forecast 2018 • Growth in passenger and freight aircraft • New generation of aircraft with better fuel efficiency, lower noise and longer range 22
Slide 23: Short to Mid Term Outlook
Short to Mid Term Outlook Healthy order backlog for Airbus and Boeing A220 471 A320 5,908 2018 Deliveries A330 290 800 7,357 A350 A380 633 55 (9.2 years) 737* 4,703 2018 Deliveries 747-8 22 767 103 806 5,893 777 441 787 624 *Impact of grounding of B737max and monthly (7.3 years) production rate to 4
Slide 24: Market Outlook
Market Outlook —SAmM Confidential
Slide 25: Long Term Growth Drivers
Long Term Growth Drivers Equipment business key industries: Storage Devices and Semiconductor Cloud Computing drives demand in storage devices Semiconductor Demand Drivers • Smart devices (home) • 5G Communications • Automotive & electric vehicle • IoT (Internet of Things) • Artificial Intelligence
Slide 26: Semiconductor Equipment Market
Semiconductor Equipment Market -14% in 2019 +27% in 2020 $67bil $65bil $53bil 2019 2020 Forecast Source: SEMI/SEAJ Worldwide Semiconductor Equipment Market Statistics report, April 2019 26
Slide 27: Financial Highlights
Financial Highlights —SAmM Confidential
Slide 28: Revenue
Revenue RM’Mil +136 800 (+22%) 755 Aerospace 700 619 Equipment 620 537 CAGR 600 295 14% 500 452 248 287 227 400 140 300 460 200 371 312 333 310 100 0 FY2015 FY2016 FY2017 FY2018 FY2019 28
Slide 29: Revenue By Segment
Revenue By Segment FY2018 FY2019 40% RM619mil 60% 39% RM755mil 61% Aerospace Equipment 29
Slide 30: Profit Before Tax
Profit Before Tax RM’Mil 100 +22 95 (+30%) 90 80 73 CAGR 69 24% 70 60 55 50 39 40 30 20 10 0 FY2015 FY2016 FY2017 FY2018 FY2019 30
Slide 31: Capital Investments
Capital Investments FY2019 Investment Aerospace > RM300mil 93m FY2018 101m Milling machines & FMS line for A320neo and A350 Beams FY2017 83m Milling machines & FMS FY2016 line for Leap Casings Equipment Machines for Prismatic Parts 25m Machines for Small Format Machining Machines for Chambers 31
Slide 32: Q&A
Q&A —SAmM Confidential
Slide 33: Thank You
Thank You —SAmM
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