P.C.S. Machine Group Holding Public Company Ltd · SET:PCSGH

P.C.S. Machine Group Holding Public — Q3 2015 Earnings Presentation

23 slides from P.C.S. Machine Group Holding Public's earnings presentation, Nov 18, 2015

  1. Slide 1: Opportunity Day 4/2015 Q3.2015

    <7 PCS Holding Opportunity Day 4/2015 Q3.2015 18 November 2015

  2. Slide 2: Company Profile

    APES Company Profile Business Overview

  3. Slide 3: Company Profile

    Company Profile

  4. Slide 4: Machines List; Over 1,600 machines

    Machines List ; Over 1,600 machines Se psPes Precision 100% High Precision Machining @Tuming Machine 300 ®@ Machining Center 300 © Grinding Center 150 © Gears Generator 28 © Gear Shaving 14 © Gear Grinding 2 Machines Machines Machines Machines. Machines Machines © Gear Honning © Heat Treatment © Oth

  5. Slide 5: Characteristic of Focused Parts

    Characteristic of Focused Parts * Significant: Safety, Functional and Performance concerns * Heavy Duty and Durable ¢ Long Program Life * High Precision, High Technology * High Value Added * High Volume Front Drive Shaft ed mae Front Difforerniat Power Train Systems * Engines * Transmission ¢ Final

  6. Slide 6: Products

  7. Slide 7: Customers

    MW Gnfinental@ HITACHI

  8. Slide 8: All Rights Reserved oe

    All Rights Reserved oe

  9. Slide 9: Domestic and Export Vehicle Sales

    ~<ores Domestic Sales ( x1,000 vehicles ) eae 554 0 +7. 8 % aq 0, 228 217 207 288 198 oh tee -11.0% yY-Y 0 -14. 6% Y-Y (9M) 1Q14 2Q14 3Q14 4qi4 1Q15 2Q15 3Q15 9M14 9M15 Export ( x1,000 vehicles ) ' ae 905 Export 1 C0) 432.9% a0 r 1 0 292 5e8 279 289 a28 oan ae I +18.1% YY r i] I 0 | 1 +7.9% vs (9m)

  10. Slide 10: Vehicle Production

    ~<Sptgs Total Vehicles Production ( x1,000 vehicles ) i : 2,000 1 2015 Target —-« 0 : 1,409 1,432 ie +20 ° 9 % Q-Q 1 1 c*) 1 +8 8 % Y-Y 517 435 456 471 525 aii me H u (0) : +1.6% Y-¥ (9M) 1Q14 2014 3Q14 4qQi4 1Q15 2Q15 3Q15 9M14 9M15 2015 Target Pickup Based Vehicle Production ( x1,000 vehicles ) 1

  11. Slide 11: Main Raw Material Price Situation

    a<t>=-® Main Raw Material Price Situation Average Steel Price (JPY / kg) 1 Average Steel Price 1 i i QQ 1 H 1 y-Y i | 1 rT y-Y (9M) 1014 2Q14 3Q14 4Q14 1Q15 2015 3Q15 i 9M14 9M15 Source : PCSGH Purchasing Department Average Aluminum LME Price (USS / ton) I Average Aluminum Price 1 : () ! -10.0% a2 1

  12. Slide 12: Business Overview

    <5 PCS — Holding Cy Business Overview

  13. Slide 13: Sales by Automaker, Destination and Category

    ~<ores BY BU PCE BY AUTOMAKER Others 0.4% 13.19 Toyota 6.3% Ford/Mazda 17.4% 19.1% BY DESTINATION Export BY CATEGORY Non ong 1.24 | Domestic 92.6%

  14. Slide 14: Sales Revenue and Gross Profit

    { mnTHB ) Sales Revenue 3,193.9 % +8.4% a0 % ies loss ae Lie ae cass 3,133.9 3160.6 +3.2 0 y-7 1,086.5 1,009.5 1,037.9 gg01 ©2023 (S875, 0708 +0 9% Y-Y (9M) ‘ - 1Q14 2014 3Q14 2Q15 3Q15 9M14 9M15 ( mnTHB ) 22.9% 23.3% 21.0% 21.0% 22.4% el ~~ 40.4% a0 uk) -4.4% YY 248.7 235.0 217.6 OS} oa “1604 os -4

  15. Slide 15: Net Profit and EBITDA

    <a PCS Holding (mnTHB ) 20.9% 20.1% 18.0% 18.2% 19.7% te ——" 40.8% aa 628.8 -4.6% Ma 231.0 206.6 191.2 ee. 2036 (126.4 {146.3 -4.8% Y-Y (9M) 1014 2014 3014 4a14 1015 2015 3Q15 9m14 9M15 Net Profit NP Margin (%) (mnTHB ) 33.2% 33.5% % "6 32.8% ian 25.7% ans 27.7% 27.4% 28.9% 6° -0.2% aa % eh 2 O vy 1

  16. Slide 16: COGS and SG&A

    Z o PCS Holding COGS ( MN THB ) 87.9% 83.8% 83.4% T1A% 16.7% 79.0% 79.0% : 77.6% 2,591.8 2,432.6 3 % -0.4 Oaaq Pf % 837.8 774.6 820.3 773.8 871.2 827.4 893.2 | | +4,4 0 yr +4.4% Y-¥ (9M) 82.0% 1Q14 2014 3Q14 4qQi4 1Q15 2Q15 3Q15 9M14 9M15 Raw Material Ml Employee Depreciation Malm Aux / Gen Material

  17. Slide 17: Raw Material and Auxiliary Material Costs

    Raw Material ( mnTHB ) o 39.6% 5 > 39.0% % 36.9% 33.8% ae 37.2% 35.8% 34.5% 37.4% 1osi2 17818 +3.2 0 aq 6 % nas) 341.4 338.9 348.2 Cates! 353.6 GH + 4 0 y- | ie +2.9% vom 1014 2014 3Q14 4Q14 1015 2015 3Q15 9M14 9M15 mm Raw Material ——Ratio to Sales (%) Auxiliary / General Material ( mnTHB } 8.9% 9.9

  18. Slide 18: Depreciation and Employee Expenses

    Depreciation ( mnTHB } 16.0% 11.5% 13.0% 13.2% 12.5% 14.2% 13.4% 12.5% 13.3% 393.3 4215 -0.7% a-a 125.3 130.9 137.1 141.0 138.0 139.7 143.8 +0.2% - +0.8% Y-Y (9M) 1Q14 2014 3Q14 4Q14 1Q1 2015 3Q1 Ratic Employee Expenses ( mnTHB } 4.6 9 16.4% % oy, 13.3% 13.3% 15.9 14.8% % 14.3% —— 430.5 -1.1% Ga 144

  19. Slide 19: Financial Statement and Ratio

    B<==® Financial Statement and Ratio mnTHB Statement of Financial Position & D/E Ratio 0.12x 0.07 x 0.08 x 0.07 x 0.07 x 0.09 x 0.10 x 4,968.3 5,178.5 5,029.8 5,118.2 5,147.3 4,968.2 4,809.5 At31 Mar 2014 At30Jun 2014 At 30 Sep 2014 At31 Dec 2014 At 31 Mar 2015 At 30 Jun 2015 At 30 Sep 2015 Equities

  20. Slide 20: New Programs Updated

    a<>*-® New Programs Updated Value a a mnTHB) se) Camshaft & accessories Case Diff Set 4 Gears 5 Cap Camshaft 3 Housing & Brackets 4 Shafts, Brackets, Housing & Cover 11 Shafts Crankcase wo on nu BF wWN Brackets Oldham Ring Sockel & Stand 12 Gear & Shaft bb o nm B NN FP ON YN Japanese OEM Internation

  21. Slide 21: All Rights Reserved e

    All Rights Reserved e

  22. Slide 22: Solar Rooftop Projects, Buyback and Business Outlook

    PES Solar Rooftop Projects sie: MW Budget : THB 175 mn Buyback Period 224 Jan 2015 — 21% Jul 2015 Expected Cost Saving: THB 20-30 mn / year Buyback shares Shares 20 mn (1.29%) y pinhead Buyback Value THB 175.02 mn feb 2015 “implement for Cont @an2016 ee Retire or Resale Period ieee Business Outlook

  23. Slide 23: Thank You

    Thank You

P.C.S. Machine Group Holding Public Company — Q3 2015 Earnings Presentation on 6ix