Sam Engineering & Equipment (m) Bhd · MYX:SAM
Sam Engineering & Equipment (m) Bhd — Q2 FY2025 Earnings Presentation
19 slides from Sam Engineering & Equipment (m) Bhd's earnings presentation, Nov 21, 2024
Slide 1: Q2FY2025 Investors' Briefing
SAM Engineering & Equipment (M) Berhad (SAMEE) Q2FY2025 Investors’ Briefing 21st November 2024 Proprietary Information of SAM 1
Slide 2: Agenda
AGENDA 1. Business Outlook 2. Corporate and Operations Update 3. Financial for Q2FY2025 4. Q&A Proprietary Information of SAM 2
Slide 3: Safe Harbour
Safe Harbour The information contained in this presentation reflect the views and opinions of the management of SAM Engineering & Equipment (M) Berhad (“SAMEE”) with regard to the sources referenced and is part of the group business update. All sources of information are believed to be factual and c
Slide 4: Business Outlook
BUSINESS OUTLOOK Proprietary Information of SAM 4
Slide 5: Aerospace Market Update
Aerospace Market Update Historical Aircraft Order Backlog 18,000 16,000 14,814 14,885 14,741 14,946 13,546 13,775 14,000 12,209 12,152 12,530 12,759 12,610 12,000 6,216 6,259 6,156 6,197 5,579 5,783 10,000 5,186 5,106 5,236 5,430 5,356 8,000 6,000 4,000 7,967 7,992 8,598 8,626 8,585 8,749 7,023 7,04
Slide 6: Aerospace Market Update
Aerospace Market Update Commercial Aircraft Production Rate Projection 2500 Actual deliveries 2,114 2,152 2,153 2,015 2,018 2,024 2,100 2000 1,849 1,606 * 1,579 1500 1,263 1,262 1,243 1,141 951 1000 788 723 500 0 Airbus Boeing * Boeing affected by quality/ manpower issues; Airbus affected by supply
Slide 7: Summary on Aerospace Market Outlook
Summary on Aerospace Market Outlook Update on Boeing Boeing machinist strike concluded ▪ Mid to long term market growth remained strong ▪ Short term supply chain risk and constraints remained critical for airframers • The Boeing machinists' strike (from to meet their delivery plan 13th Sep) conclude
Slide 8: Semiconductor Market Outlook
Semiconductor Market Outlook Semiconductors Revenue Worldwide Forecast Source: SIA, 5 Nov’24 Source: Gartner (Oct ‘24) Proprietary Information of SAM 8
Slide 9: Semiconductor Market Outlook Summary
Semiconductor Market Outlook Summary ▪ Strong demand for equipment related to AI, high power computing and data centers (SEMI Sep’24) ▪ We cautiously monitor customers’ demand ▪ Continue working to secure new products and new customers for future growth SEMI Sep’24 forecast 300mm fab equipment spend
Slide 10: Corporate & Operations Update
COPRPORATE & OPERATIONS UPDATE Proprietary Information of SAM 10
Slide 11: Official Opening Ceremony of SAM Precision (Thailand) Limited
Official Opening Ceremony of SAM Precision (Thailand) Limited 20th November 2024 By Guest-of-Honour Mr. Wirat Tatsaringkansakul Deputy General, Thailand Board of Investment (BOI) Proprietary Information of SAM 11
Slide 12: Groundbreaking of Thailand Ban Bueng 3
Groundbreaking of Thailand Ban Bueng 3 20TH NOVEMBER 2024 BB3 110,000 sqft ▪ Building scheduled completion Oct’25 ▪ Planned USD 40mil investment Proprietary Information of SAM 12
Slide 13: SAM Thailand Update
SAM Thailand Update Mill-Turn Flexible Factory Machines & Special Full Production Factory Restoration Process Qualifications Manufacturing Renovation System Arrival Industrializing of SAM Thailand BB2 – ON TRACK 13 Proprietary Information of SAM
Slide 14: SAMEE Aerospace Update in Q2FY2025
SAMEE Aerospace Update in Q2FY2025 Challenges in Q1FY2025: Q2 UPDATE: Supply chain constraints causing 1 shortage of components 2 Material quality Proprietary Information of SAM 14
Slide 15: Financial Highlights – Q2FY2025
Financial Highlights – Q2FY2025 Revenue Profit Before Tax RM'mil RM'mil 428.6 387.3 373.6 370.2 333.4 307.9 44.3 39.7 34.7 33.4 211.9 312.3 287.5 254.3 203.2 233.3 25.1 16.3 16.6 41.8 38.1 33.2 22.4 28.6 96.0 136.9 8.5 4.8 116.3 99.8 119.3 130.2 2.5 1.6 1.5 -6.1 FY2024 FY2024 FY2024 FY2024 FY2025 FY
Slide 16: Financial Highlights – YTD Q2FY2025
Financial Highlights – YTD Q2FY2025 Revenue Profit Before Tax RM'mil RM'mil 1,497.4 1,445.4 1,147.6 143.8 100.5 115.0 938.7 81.8 873.7 1,066.1 99.7 1,116.3 703.6 129.7 489.1 895.8 62.3 112.1 116.9 49.6 104.0 701.8 436.4 50.9 449.6 329.1 431.3 251.8 37.4 -11.6 -1.9 14.1 -1.3 171.9 267.2 -22.2 FY2020
Slide 17: Financial Highlights
Financial Highlights Profit For The Year/Period Basic Earnings Per Share RM'mil Sen 19.53 108.6 16.41 88.8 14.76 13.94 79.8 75.5 11.04 59.7 35.0 5.17 FY2020 FY2021 FY2022 FY2023 FY2024 YTD Q2 FY2020 FY2021 FY2022 FY2023 FY2024 YTD Q2 FY2025 FY2025 17 Proprietary Information of SAM
Slide 18: Financial Highlights
Financial Highlights Return on Equity Net Gearing 13.9% 0.56 11.4% 11.8% 9.7% 9.7% 0.26 0.18 0.11 0.12 0.11 2.5% FY2020 FY2021 FY2022 FY2023 FY2024 YTD Q2 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Sep-24 FY2025 18 Proprietary Information of SAM
Slide 19: Q&A
Q&A Proprietary Information of SAM 19
SAM Engineering & Equipment (M) Berhad — Q2 FY2025 Earnings Presentation on 6ix