Thanapiriya Public Company Ltd · SET:TNP
Thanapiriya Public — Q1 2022 Earnings Presentation
23 slides from Thanapiriya Public's earnings presentation, Jun 13, 2022
Slide 1: Company Presentation
COMPANY PRESENTATION Thanapiriya Public Company Limited [13 June 2022]
Slide 2: Topics of Presentation
Topics of Presentation • Business Overview • Financial result • Investment Plan Strictly Private & Confidential 1
Slide 3: Business Overview
Business Overview Strictly Private & Confidential 2
Slide 4: History of Thanapiriya
History of Thanapiriya Thanapiriya was founded in 1965 under the name of “Ngow ThongChai”, old-style grocery store in Chiang Rai town. Sice 1991, the store has been developed under the name of “Thanapiriya Super”, currently known as clock tower branch. • Increase authorized • Listed in Thailand • Re
Slide 5: Distribution Channels
Distribution Channels >14,000 Sales Area M2 38 (Total 38 Stores : Approximately) Retail Stores 1 1 Wholesale Store Wholesale Center Order Received (Head Quarter) Strictly Private & Confidential 4
Slide 6: Distribution Channels: Retail
Distribution Channels : Retail Strictly Private & Confidential 5
Slide 7: Distribution Channels: Wholesale
Distribution Channels : Wholesale Strictly Private & Confidential 6
Slide 8: Branches Location
Branches Location Chiang Rai Chiang Mai Phayao 3 Branches are Branches are Branches are 12 located in Muang Chiang Rai District located in Chiang Mai District 6 located in Phayao District 1 additional store 18 Branches are located in Rural Area In 2022 Strictly Private & Confidential 7
Slide 9: Product and Promotion
Product and Promotion Household Product Seasonal Product Plan & Distribution Personal Care Product >400 Suppliers Cosmetics & Supplements >15,000 SKUs Additional Service Beverage and grocery Baby Care Product Strictly Private & Confidential 8
Slide 10: Product and Promotion: Members
Product and Promotion Special Promotion >140,000 Members >60% Active Members Strictly Private & Confidential 9
Slide 11: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) Strictly Private & Confidential 10
Slide 12: Distribution Center and Transportation
Distribution Center and Transportation Approximate Storing Area Estimated Maximum Capacity Transportation Fleet 10,000 SQM 50 Branches >40 Trucks Strictly Private & Confidential 11
Slide 13: Financial Result
Financial Result Strictly Private & Confidential 12
Slide 14: Operating performance
Operating performance Total Revenues Unit : Million Baht 2,638 2,208 1,965 1,569 1,739 592 2017 2018 2019 2020 2021 Q1'22 The Company has reclassified the service income for the year 2017 - 2018 to conform with the 2019 presentation, that reclassification has no effect to gross profit and net profit
Slide 15: Operating performance (cont.)
Operating performance (cont.) Revenue From Sales (Unit : Million Baht) 2,623 2,196 1,953 100 1,729 140 1,560 145 203 219 2,523 752 690 2,056 548 616 605 576 588 1,808 514 519 1,341 1,526 28 23 33 38 35 35 24 25 26 581 723 581 552 667 562 515 476 483 2017 2018 2019 2020 2021 Q1'20 Q2'20 Q3'20 Q4'20 Q
Slide 16: Operating performance (cont.)
Operating performance (cont.) SSS Growth Number of bills/Month/Branch Ticket size SSS Growth 25.3% 12.5% 9.1% 8.2% 5.7% 3.5% 1.5% 2.0% 2.6% 0.1% 0.5% -1.8% -7.7% -27.7% 2017 2018 2019 2020 2021 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Growth ratio of revenues from sales Incresed from ne
Slide 17: Operating performance (cont.)
Operating performance (cont.) Gross Profit Unit : Million Baht Gross profit 16.3% 17.1% 16.2% 17.0% GP Margin% 14.2% 15.0% 13.6% 450 359 245 293 213 122 100 2017 2018 2019 2020 2021 Q1'21 Q1'22 Distribution costs and administrative expenses Unit : Million Baht Distribution costs 9.6% 10.3% 10.2% 9.4
Slide 18: Operating performance (cont.)
Operating performance (cont.) EBITDA Unit : Million Baht EBITDA 10.9% 10.9% 9.5% 9.6% EBITDA % 7.3% 6.3% 6.4% 286 208 143 98 111 82 57 2017 2018 2019 2020 2021 Q1'21 Q1'22 Net Profit Unit : Million Baht Net Profit 7.3% 7.5% 6.1% 6.0% Net Profit Margin 4.5% 192 3.9% 3.8% 134 89 61 65 57 36 2017 2018
Slide 19: Financial Position
Financial Position Total Assets Unit : Million Baht 1,258 1,189 1,032 869 113 Cash and cash equivalents 820 829 141 Inventories - net 101 370 295 Other current financial assets 68 63 78 261 Property, plant and equipment 239 248 249 Right-of-use assets 652 662 Other assets 578 456 477 507 - 57 - - 69
Slide 20: Key Financial Ratio
Key Financial Ratio Annualized : ROA Annualized : ROE 22.6% 19.1% 17.3% 17.9% 14.1% 14.0% 13.1% 10.4% 10.4% 10.4% 9.4% 7.9% 2017 2018 2019 2020 2021 Q1'22 2017 2018 2019 2020 2021 Q1'22 D/E Cash cycle days 0.4 31 28 28 28 0.3 0.3 0.3 0.3 25 24 0.2 2017 2018 2019 2020 2021 Q1'22 2017 2018 2019 2020 2
Slide 21: Investment Plan
Investment Plan Strictly Private & Confidential 20
Slide 22: Investment 2022
Investment 2022 Q1 Q2 Q3 Q4 2022 39th branch located in Mae Chai, Phayao province Online Channel in LAZADA Strictly Private & Confidential 21
Slide 23: Q&A
Q&A Thanapiriya Public Company Limited Head-Office : 329 Moo.8 Ban-Du Sub District, Muang Chiengrai District, Chiengrai Province 57100 Tel. 0-5377-6144 Investor Relation Mr.Pittaya Jitmase Email: investor@Thanapiriya.co.th Strictly Private & Confidential 22
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