Gfpt Public Co. Ltd. · SET:GFPT
Gfpt Public — FY2010 Earnings Presentation
16 slides from Gfpt Public's earnings presentation, Feb 23, 2011
Slide 1: Presentation to Investor & Analyst: 2010 Performance
GFPT Public Company Limited Presentation to Investor & Analyst 2010 Performance Presented by Investor Relation Department 23 February 2011
Slide 2: Agenda
Agenda Financial Highlight Key Business Performance
Slide 3: Financial Highlight
FINANCIAL HIGHLIGHT
Slide 4: 2010 Performance
2010 Performance (THB mm, otherwise stated) 2010 2009 % Chg Income for Sales 12,472 11,507 8% Gross Profit 2,015 1,774 14% Operating Profit (EBIT) 2,235 1,921 16% Net Income 1,163 1,068 9% EPS (Baht per share) 0.93 0.85 Gross Margin 16% 15% 1% EBIT Margin 11% 11% 0% Net Profit Margin 9% 9% 0%
Slide 5: 4Qtr 2010 Financial Highlight
4Qtr 2010 Financial Highlight (THB mm, otherwise stated) Q4-10 Q3-09 % YoY Q4-09 % QoQ Income for Sales 3,323 3,310 0% 3,088 8% Gross Profit 470 587 (20%) 575 (18%) Operating Profit (EBIT) 275 435 (37%) 436 (37%) Net Income 219 371 (41%) 388 (44%) EPS (Baht per share) 0.17 0.30 0.31 Gross Margin 14%
Slide 6: Consolidated Revenue from Sales and 2010 Sales Breakdown By Product
Consolidated Revenue from Sales (million Baht) 14,000 3,500 3,310 3,323 12,472 2,996 12,000 11,507 3,000 2,843 10,996 3,163 3,088 +9% 2,902 10,000 2,500 8,122 2,355 8,000 7,221 2,000 6,621 6,000 1,500 4,000 1,000 2,000 500 - - 2005 2006 2007 2008 2009 2010 Qtr1 Qtr2 Qtr3 Qtr4 2010 Sales Breakdown By
Slide 7: Gross Profit, Operating Profit, EBITDA and Net Profit
Gross Profit Operating Profit 2,500 17% 16% 18% 1,600 14% 15% 16% 1,400 11% 11% 11% 12% 2,000 14% 12% 1,200 10% 10% 12% 1,000 1,500 8% 10% 800 1,000 8% 5% 6% 600 6% 400 3% 4% 500 4% 2% 200 2% 717 934 1,849 1,774 2,015 198 388 1,222 1,250 1,380 - 0% - 0% 2006 2007 2008 2009 2010 2006 2007 2008 2009 2
Slide 8: Balance Sheet, D/E Ratio, ROA and ROE
Balance Sheet (mm Bt) DE Ratio (x) 10,000 4,500 1.50 9,000 4,000 1.23 1,256 8,000 3,284 3,500 1.04 7,000 2,811 2,123 0.98 2,578 3,000 1.00 6,000 0.79 5,000 1,491 2,500 0.71 4,000 2,000 3,000 5,355 5,931 5,382 4,552 1,500 0.50 2,000 1,000 1,000 - 500 2,650 3,453 3,718 3,614 3,833 2009 8,166 mm Bt 201
Slide 9: EPS, Dividend Per Share, Market Price & PE
Earning Per Share Dividend Per Share 1.00 0.35 36% 40% 0.90 34% 0.30 30% 35% 0.80 29% 29% 0.70 0.25 30% 0.60 25% 0.20 0.50 20% 0.40 0.15 15% 0.30 0.10 10% 0.20 0.05 5% 0.10 0.09 0.23 0.86 0.85 0.93 0.03 0.08 0.25 0.25 0.30 - - 0% 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 Earning Per Share (B
Slide 10: Key Business Performance
KEY BUSINESS PERFORMANCE
Slide 11: GFPT Chicken Export, Indirect Export and Domestic Volume; Exchange Rate
GFPT – Chicken Export Volume (MT) GFPT – Chicken Indirect Export Volume (MT) 25,000 25,000 20,000 +2% 20,000 +13% 15,000 15,000 10,000 10,000 5,000 5,000 6,200 10,200 18,400 20,800 21,200 20,000 19,000 20,300 16,200 18,300 - - 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 GFPT – Chicken Domestic
Slide 12: KT Animal Feed, Aqua Feed and Shrimp Feed Volume
KT – Animal Feed Volume (MT) KT – Aqua Feed Volume (MT) 160,000 60,000 140,000 +10% 50,000 +2% 120,000 40,000 100,000 80,000 30,000 60,000 20,000 40,000 10,000 20,000 135,000 128,000 116,000 131,000 143,000 52,000 43,000 46,000 52,000 53,000 - - 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 KT –
Slide 13: Commodity Price
COMMODITY PRICE
Slide 14: Maize, Soybean, Day-Old-Chick and Broiler Prices
Maize Price (Bt/Kg) Soybean Price (Bt/Kg) 10 9 20 9 17 9 18 16 8 8 7 16 14 7 6 14 13 13 6 5 11 6 12 10 5 10 4 8 3 6 2 4 1 2 - - 2004 2005 2006 2007 2008 2009 2010 2004 2005 2006 2007 2008 2009 2010 Day-old-Chick Price (Bt/DOC) Broiler Price (Bt/Kg) 18 17 45 41 38 38 16 40 13 33 33 14 12 12 35 12 28
Slide 15: < B o&
< B o&
Slide 16: Thank You
THANK YOU Investor Relations Department GFPT Public Company Limited Tel: 662 – 473 - 8000 Email: ir@gfpt.co.th Website: www.gfpt.co.th Disclaimer & Disclosure •The information, statements, forecasts and projections contained herein reflect the company’s current views with respect to future events an