Micro Leasing Public Company Limited · SET:MICRO
Micro Leasing Public — FY2025 Earnings Presentation
31 slides from Micro Leasing Public's earnings presentation, March 2026
Slide 1: MICRO LEASING GROUP Opportunity Day YE'2025
MICRO LEASING GROUP Opportunity Day YE’2025 Marcn 2025 Strictly Private & Confidential
Slide 2: Disclaimer
Disclaimer This document has been prepared for the purpose of providing financial statements information and past performance of the Company for dissemination to investors to use as information in making a preliminary decision only. This does not constitute an offer, incentive, advice or consultatio
Slide 3: Content
Content Performance Company Profile Financial Statement Overview Business Plan Q&A 3
Slide 4: Company Profile
Company Profile SECTION 1
Slide 5: Company Overview
Company Overview Micro Leasing Public Company Limited (“MICRO”) was established in 1994 and is principally engaged in providing hire purchase loans to individual and corporate customers who intend to purchase commercial vehicles such as 6-wheel trucks, 10-wheel trucks, trailers, and commercial truck
Slide 6: Company Overview
Company Overview Nov, 1994 Sep, 2019 2021-2022 2025 Micro Leasing Company Transform into Micro Start 13 new branches (C4, E2, N2 & NE5). Tris rating : MICRO Company rating affirmed at “BB”, Space for Leasing Public Company Tris rating : MICRO company rating assigned & affirmed Limited was establishe
Slide 7: Company Overview
Company Overview SET ESG Rating 2024 “BBB” SET Award 2024 Business Excellence “Outstanding IR Awards” Thai Institute of Directors Association Corporate Governance Report 4 Stars “Very Good” Thai Investors Association AGM Checklist 2025 5 Coins “Excellent 100 Point” TRIS Rating Company Rating “BB” Th
Slide 8: Hire Purchase Portfolio
Hire Purchase Portfolio Other Brands 34.9% 29.9% 2.2% 5.3% 27.7% 10 and 12-wheeler trucks 6-wheeler trucks Commercial tractors Trailers Other trucks/1 Motorcycle 25.3% 27.0% 13.8% 5.2% 1.0% 27.7% /1 Other vehicles include 4-wheeler trucks, water trucks, liquid trucks, specialized trucks such as feed
Slide 9: Hire Purchase Portfolio
Hire Purchase Portfolio Hire purchase loan portfolio size ▪ 2,514.40 million baht (total receivables 22,464 contracts / 21,584 customers) Age of Collaterals for hire purchase ▪ 6 – 25 years (average 15 years) ▪ New motorcycle Contract interest rate ▪ 8 – 15% Flat Rate ▪ 11 – 13% Flat Rate Terms of p
Slide 10: Loan Portfolio
Loan Portfolio Loan portfolio size ▪ 43.71 million baht (total receivables 236 contracts / 228 customers) Loan Type ▪ Clean loan (29.99 million baht) ▪ Title loan (13.71 million baht) Contract interest rate ▪ 25% EIR ▪ 24% EIR Terms of payment ▪ 1-4 years ▪ 2-5 years Loan-To-Value (LTV) ▪ -% ▪ 50 -
Slide 11: Branch Location (MICRO & MPLUS Coworking Space)
Branch Location (MICRO & MPLUS Coworking Space) 12 branches 7 branches 1.Nakhon Pathom (HQ) + 1 Sub-branch 2.Suphan Buri 1. Nakhon Pathom 3.Nakhon Ratchasima 2. Bangkok 4.Chonburi 3. Nakhon Ratchasima 5.Khon Kaen ภาคกลาง 4. Khon Kaen 6.Phitsanulok 5. Udon Thani (Merge Sakon 7.Saraburi Nakon) 8.Ubon
Slide 12: Performance Overview
Performance Overview SECTION 2
Slide 13: Industry Overview
Industry Overview Number of newly registered Trucks (units) 55% 58% 48% 46% 47% 38,148 40,798 38,357 26,621 24,786 Number of newly registered Motorcycle (units) 35,725 35,426 34,607 32,382 33,920 2021 2022 2023 2024 2025 Second hand First hand %Second hand 1.97 2.07 1.90 1.93 1.76 MICRO’s new loan c
Slide 14: Quarterly Performance
Quarterly Performance Value of Used Truck Transfer (Million Baht) Quarterly Used Truck New Loans (Million Baht) 7,200 2021 : 24,921 MB 800 2025 : 24,419 MB 6,700 2023 : 24,455 MB 2021 : 2,206 MB 2022 : 24,797 600 MB 6,200 2024 : 23,100 MB 2022 : 2,227 MB 400 5,700 5,200 200 2023 : 1,188 MB 2024 : 38
Slide 15: Performance Overview
Performance Overview New Loan Growth Portfolio Growth 2,767 (56.5%) 4,957 540 4,548 528 21 (26.0%) 1,772 767 3,457 22 60 562 (25.2%) 770 2,558 2,206 2,226 44 771 4,429 696 48 3,796 3,760 577 1,188 334 9 2,628 322 1,818 389 246 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 15
Slide 16: Performance Overview
Performance Overview Revenue Growth Net Profit Growth (21.1%) 854 919 130.2% 761 187 632 600 79 46 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 (53) (153) 16
Slide 17: Financial Statement
Financial Statement SECTION 3
Slide 18: Financial Position
Financial Position Important items (unit: million baht) 31 Dec 2020 31 Dec 2021 31 Dec 2022 31 Dec 2023 31 Dec 2024 31 Dec 2025 Cash and cash equivalents 128.4 141.5 290.1 426.2 576.6 519.6 Hire purchase receivables - net 2,444.0 3,633.9 4,725.6 4,300.1 3,183.1 2,343.2 Loan receivables - net - - - 2
Slide 19: Loan Segmentation
Loan Segmentation Truck’s Portfolio Segmentation Motorcycle’s Portfolio Segmentation Freelance, 5.2% Other, 4.6% Government/Stat e Enterprise, Employee Agriculture, 11.1% 14.8% เกษตร Transport Employee, Agriculture 15.8% Construction Business/Merchant, 39.1% Construction, กลุ่มขนส่ง Business/Merchan
Slide 20: Loan Quality
Loan Quality Gross NPL+NPA Quality of Collateral Expected Credit Loss NPL NPL+NPA 8.01% 6.29% 6.08% 5.05% 4.08% 3.77% 4.56% 4.69% 4.94% 4.35% 3.82% 3.47% 12% 3% 28% 1% 9% 29% 18% New 0 - 5 Years 6 - 10 Years 11 - 15 Years16 - 20 Years21 - 25 Years >25 Years 2020 2021 2022 2023 2024 2025 Motorcycle C
Slide 21: Share Holders' Structure
Share Holders’ Structure Group Amount Amount (million proportion Free Float (person) shares) 317.27 Strategic Shareholders 22 617.73 66.07% 33.93% Strategic 1. Managing director or the 22 617.73 66.07% Shareholders first four executives 617.73 2. Shareholder with more - - - 66.07% than 5% of paid-up
Slide 22: Financial Performance
Financial Performance Important items (unit: million baht) 2020 2021 2022 2023 2024 2025 Hire purchase interest income 355.6 503.9 706.2 782.9 646.2 472.9 Loan interest income - - - 1.0 9.1 10.1 Fee and service income 77.9 119.9 140.2 124.7 93.6 96.3 Other income 20.5 8.6 7.3 10.8 11.9 21.0 Total re
Slide 23: Revenue & Cost Structure
Revenue & Cost Structure Revenue Structure Operation Expenses Structure (Not including Bad Debt, Expected Credit Loss and Loss from Sell) Fee and Service income Employee cost 20% 8% 3% Depreciation & Amortisation 4% Others Legal Advisory Fees and Financial Employee cost Employee14% Cost Net Interest
Slide 24: Financial Ratio
Financial Ratio Debt to Equity Ratio Loan Classification 6.00 5.00 4.00 Not overdue or not more than 1 month overdue 3.00 74.0% 2.00 1.00 1.57 1.06 1.52 1.16 1-3 months overdue 0.00 0.66 21.7% 3-6 months overdue 2021 2022 2023 2024 2025 6-12 months overdue 2.9% MICRO PEER AVERAGE 1.1% >12 Month over
Slide 25: Financial Ratio
Financial Ratio Loan Yield Fee Yield Interest Yield Interest+Fee Yield 3.8% 19.7% 19.3% 19.1% 19.3% 3.4% 3.2% 3.2% 18.9% 18.7% 2.6% 2.3% 15.9% 16.1% 16.5% 16.4% 16.1% 15.5% Insurance’s fee decrease form conservative new loan Increased from approval motorcycle portfolios 2020 2021 2022 2023 2024 2025
Slide 26: Financial Ratio
Financial Ratio Credit Cost Net Profits and Net Profit Margin 29.8% 29.6% 11.6% 10.4% 7.6% 9.3% 4.9% 5.2% 3.4% 7.7% ECL & NPA impairment Price of collateral and the increase from debt 135.1 187.5 79.1 0.0% 0.0% 46.2 Management Overlay quality of the loan portfolio + Write off (mr374) + quality decre
Slide 27: Business Plan
Business Plan SECTION 4
Slide 28: Business Plan 2025
Business Plan 2025 Liquidity Portfolio Management Business Optimization “We are focused on maintaining liquidity “We focus on taking care of the quality of “We will be improving the efficiency, to ensure that all debenture can be paid Loan Portfolio and maintain our existing productivity and perform
Slide 29: Business Plan 2026
Business Plan 2026 Increase Int. Revenue & Credit Cost Control Fee-Based Rise Cost Optimization Fund Raising “We are focused on expand loan “We aim to increase fee-based “We will be improving the “We are balanced capital strategy portfolio and maintain strict credit income by value-added services ef
Slide 30: Q&A
Q&A SECTION 5
Slide 31: Contact details and investor relations
863/3 Petchkasem Road, Sanamchan, Mueang, Nakhon Pathom, 73000 Tel : 0 3410 9200 ext. 9000 , 06 3213 2882 Email : ir@microleasingplc.com Website : www.microleasingplc.com IR : Miss Thanaporn Waewsuwan (Fai) Investor Relation Manager Mr. Kandanai Chonsuwat (Mod) Chief Financial Officer & Company Secr
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