Chow Bright Ventures Holdings Public Company Limited · SET:CHOW
Chow Bright Ventures Holdings Public — Chow Steel Industries Public Company — H1 2024 Earnings Presentation
26 slides from Chow Bright Ventures Holdings Public's earnings presentation, September 2024
Slide 1: Opportunity Day 1Half 2024
CHOW OPPORTUNITY DAY 1HALF 2024
Slide 2: Agenda
CD AGENDA Ard ng 2
Slide 3: Agenda
A B C D Business 1Half 2024 Forward Q&A Overview Financial Looking Performance Page Page Page Page 4 17 21 24 3
Slide 4: Agenda: Business Overview
ABCD 1Half Forward Q&A Business Operating Looking Overview AGENDA Result Page Page Page 4 26 29 4
Slide 5: Stock Information
Stock Information We Grow Sustainably Shareholding Structure : as of Aug 30, 2024 Stock Information Symbol CHOW Trade Market MAI (December 24, 2011) Industry Industrial Registered & Paid up capital 800 mBaht 70.6% Jiratomsiri Family Market CAP 2,112 mBaht 29.4% Others P/ E 3.92 P/ BV 1.01 Source: ww
Slide 6: Our Journey
Our Journey We Grow Sustainably 2003 - 2007 Establishment of CHOW as a steel billet producer and distributor - total license capacity of 730,000 tons/ year with BOI privileges - Electric Induction Furnace Technology - ISO 9001 2009 Became a listed member of London Metal Exchange (LME) 2011 Listed on
Slide 7: Updated Group Structure
Updated Group Structure We Grow Sustainably CHOW Steel Industries Plc. 99.9% 76.0% 87.36% Chow Steel Captain Cash Chow Energy BlackRock Manufacturing Holding Plc. 99.9% 51.0% 49.0% Oversea Thailand Thailand Renewable Energy Renewable Energy Group Group Australia Japan Professional and Transparent Sc
Slide 8: Products
Core Business We Grow Sustainably STEEL BUSINESS Certificate and licenses Thai Industrial Standards Institute (TISI) Manufacture License of Industrial product - Round Bars (RB6 RB8 RB9 RB10) Manufacture License of Industrial Product - Deformed Bar Manufacture License of Industrial Product - Low Carb
Slide 9: Core Business
Core Business We Grow Sustainably Energy Business EPC Service Private PPA EPC PPA Purchase our Chow Energy invests, own, operate, and O&M Smart investment system and enjoy Zero investment Key Features system while customer maximum enjoys discount savings electricity price Investment Competitive cost
Slide 10: Core Business
Core Business We Grow Sustainably Energy Business Chow Energy: Diversified Expertise Across All Solar Sectors Investment grade off-takers Commercial and Industrial rooftop Household solar 10 Utility scale
Slide 11: Our Capabilities
Our Capabilities We Grow Sustainably Energy Business Our business model is organized into 4 key business areas, vertically integrated in order to define and strengthen our offer as a group: Project Equipment Development Distribution • Identify best location • Tier-1 manufacturers at • Secure the sit
Slide 12: Main Equipment Used in Projects
Main Equipment Used in Projects We Grow Sustainably All equipments are selected with best quality and best price from our strong supplier relationship PV Panel: Choose a quality solar panel (Tier 1 Rating) with good reliability, warranty and efficiency Product Warranty:12 years, Performance Warranty
Slide 13: Environment, Social and Governance
Environment, Social and Governance We Grow Sustainably Fighting Climate Change in Thailand According to the Global Climate Risk Index 2020, Thailand ranks 8th on the list of countries most affected by climate change crisis. This crisis can be seen from droughts and floods that often happen in Thaila
Slide 14: Environment, Social and Governance
Environment, Social and Governance We Grow Sustainably Increase Energy Security and Reduce Fossil Fuel Consumption Job Creation Our solar rooftop projects located across the country create employment opportunities for Thai people more than 400 jobs. CHOW aims to be a part in building sustainable eco
Slide 15: Environment, Social and Governance
Environment, Social and Governance We Grow Sustainably CHOW - COMMUNITY SUPPORTS Community development To develop our community, Chow Energy collaborates with community leaders to create careers within the community by developing products from local resources and educating people in community. We si
Slide 16: Environment, Social and Governance
Environment, Social and Governance We Grow Sustainably Received an excellent rating of 5 stars CG Scoring by IOD CAC Certificate Collective Action Against Corruption NACC Integrity Awards Renewable Energy Deal of the Year The Asset Triple A sustainable Infrastructure Awards 2023 4 Star rating of 202
Slide 17: Agenda: 1Half 2024 Financial Performance
B CD 1Half Q&A Forward 2024 Looking Financial AGENDA Performance 17
Slide 18: 1Half 2024 Financial Performance
1Half 2024 Financial Performance We Grow Sustainably Total Revenue [Mb] Gross Profit EBITDA +77.12% YoY +23.81% YoY +189% YoY +97% YoY +27% YoY +70% YoY - 73% QoQ -18.43% QoQ - 47% QoQ Sale Mix [% of total revenue] 3M Period 6M Period • % admin expenses to revenue decreased from comparing period due
Slide 19: 1Half 2024 Financial Performance
1Half 1 Half2024 Financial 2024’s Performance Performance We Grow Sustainably Net Profit (loss) Debt and Equity Earnings per share (THB/ share)
Slide 20: 1Half 2024 Financial Performance
1Half 2024 Financial Performance We Grow Sustainably Key Financial Ratios 6M 2024 2023 2022 Current ratio 1.32 1.54 0.94 D : E Ratio 0.60 0.47 1.41 IBD/ Equity 0.26 0.26 0.5 BV per share 2.95 2.81 2.12 EPS (THB/share) 0.14 (0.02) 1.28 20
Slide 21: Agenda: Forward Looking
C D Forward Q&A Looking AGENDA 21
Slide 22: Forward Looking
Forward Looking We Grow Sustainably Steel Business Trading [Tons] 250,000 204,000 200,000 150,000 121,079 100,000 59,009 50,000 21,869 - Actual 2022 Actual 2023 Budget 2024 Actual @ July 2024 22
Slide 23: Forward Looking
Forward Looking We Grow Sustainably PPA Target Final Target to achieve 1 Gigawatts PPA projects 1,000 Mw 1 Gigawatts 400 2025 Mw 2024 target for additional 215 Mw of PPA projects CHOW has more than 105 Megawatts secured projects of which under construction and permission process. 250 The remaining P
Slide 24: Agenda: Q&A
D Q&A AGENDA 24
Slide 25: Q&A
Q&A Chow Steel Industries Public Company Limited www.chowsteel.com Tel: +66 2 033 0901 - 08 Chow Energy Public Company Limited www.chowenergy.co.th Tel: +66 2 033 0910 - 14 25
Slide 26: Disclaimer
Disclaimer The information contained in this presentation is strictly confidential and is provided by Chow Steel Industries Public Company Limited (“Chow” or the “Company”) to you solely for your reference. Neither this presentation nor any part thereof may be (i) used for relied upon by any other p
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