Thaifoods Group Public Co. Ltd. · SET:TFG
Thaifoods Group Public — Q2 2022 Earnings Presentation
28 slides from Thaifoods Group Public's earnings presentation, Sep 27, 2022
Slide 1: Company Presentation Q2 2022
Thaifoods Group Public Company Limited “Company Presentation Year Q2 2022” Year of The Challenge
Slide 2: Table of Contents
Table of Contents ▪ Executive Summary ▪ Company Overview ▪ Financial Highlight ▪ Management Team ▪ Standard and Rewards ▪ CSR Activities ▪ Appendix 2
Slide 3: Executive Summary
Executive Summary TFG is one of top three producers of chicken meat and live pigs in Thailand. We have the capacity to produce 500,000 chickens per day and supply over 80,000 fattening pigs per month. Key Competitive Strength - Feed Farm Foods Fully integrated business : Poultry, swine, feed mills a
Slide 4: Company Overview: Feed Farm Food
Company Overview FEED FARM FOOD FOOD Distribution Feed Mills Poultry Processing Sales - Suphanburi more than 284 contract farmers • Modern Trade (130,000 Tonnes/month) 19 breeder chicken farms Poultry • Traditional Trade - Prachinburi 7 hatcheries • 3 slaughterhouses in • Industrial (100,000 Tonnes/
Slide 5: Company Profile
Company Profile Company Name Thaifoods Group Public Company Limited (TFG) Industry SET/ Agro & Food Industry/ Food & Beverage First day trade 8 October 2015 Share Outstanding Registered capital 6,168,330,045 Baht Paid up Capital 5,654,056,586 Baht (as of 7 June 2022) Par Value Baht 1 per share Marke
Slide 6: TFG's Group
TFG’s Group Thaifoods Group Public Company Limited Production and selling of chickens, pigs and animal feed Poultry Swine Animal Feed Others 100% 100% 100% 100% Thai Foods Poultry Farm Co., Ltd. Thai Foods Swine Farm Co., Ltd. Thai Foods Feed Mills Co., Ltd. Thai Foods Research Center Co., Ltd. Oper
Slide 7: Financial Highlight
Financial Highlight Revenue from Sale Net Profit Strictly Confidential 7
Slide 8: Revenue Segment
Revenue Segment 6M 2021 Revenue COGS % GP from Sale Poultry 8,106 8,048 1% Swine 4,905 3,110 37% Feed Mill 3,279 3,214 2% Other 386 323 16% Total 16,676 14,695 12% 6M 2022 Revenue COGS % GP from Sale Poultry 10,824 8,386 23% Swine 5,614 4,211 25% Feed Mill 3,658 3,586 2% Other 2,627 2,202 16% Total
Slide 9: Distribution Network: Poultry
Distribution Network Poultry 6M 2021 6M 2022 6M 2021 6M 2022 Distribution % Change Tonnes Mil Bt. Tonnes Mil Bt. Wholesales 64,980 1,038 50,684 836 (19%) Export 32,132 2,401 36,518 3,973 65% Modern Trade Agent 590 23 5 0 (99%) Station 19,917 529 19,867 683 29% Trader 12,144 487 9,382 558 15% Industr
Slide 10: Distribution Network: Swine
Distribution Network Swine 6M 2021 6M 2022 6M 2021 6M 2022 Distribution % Change Tonnes Mil Bt. Tonnes Mil Bt. Live Pig 31,759 2,302 34,847 3,186 38% Pork Part 20,153 1,745 12,097 1,255 (28%) Total 51,913 4,047 46,944 4,441 10% Remark: Exclude income from piglet, parent stock and swine operation in
Slide 11: Distribution Network: Feed Mills
Distribution Network Feed Mills 6M 2021 6M 2022 6M 2021 6M 2022 Distribution % Change Tonnes Mil Bt. Tonnes Mil Bt. Internal 514,747 6,478 573,357 8,504 31% External 246,427 3,035 250,358 3,656 20% Total 761,174 9,513 823,715 12,160 28% Source: Thai Feed Mill Association (TFMA) 1212
Slide 12: Financial Position
Financial Position Balance Sheet Summary Debt Profile Summary Debt Profile : Interest Bearing Debt Vs Total Debt Unit: Mil Bt. ❑ Cost of debt of 3.24% Unit: Mil Bt. IBD 2021 Q2 2022 ST 11,734 10,699 2021 6M 2022 LT 8,229 10,452 Total 19,963 21,152 ROE 4.95 29.95 Debt Profile IBD to Equity Unit: Mil
Slide 13: Financial Ratio
Financial Ratio 2019 2020 2021 6M 2021 6M 2022 Current Ratio Current ratio (Time) 0.81 1.19 0.99 1.08 1.02 Accounts receivable turnover (Time) 17.27 19.79 17.84 19.45 19.30 Inventory turnover (Time) 8.42 8.70 7.71 7.69 5.89 Accounts payable turnover (Time) 12.58 14.20 15.04 12.89 11.60 Profitability
Slide 14: Management Team
Management Team Mr. Winai Teawsomboonkij Chief Executive Officer He is major shareholder of TFG . He started to the first chicken farm of 20,000 chickens in Lopburi province in 1987 and . Mr. Phet Nantavisai Executive Vice President He joined TFG in 2010, started project great grand parent of swine
Slide 15: Standard and Rewards
Standard and Rewards General requirements for the Quality Management Environment Management System competence of testing and System calibration laboratories Good Manufacturing Hazard Analysis Critical Halal Standard Practice Control Point develop and operate Private Sector Collective standards throu
Slide 16: CSR Activities
CSR Activities Thaifoods Good Earth Thaifoods Good Society 17
Slide 17: Activities
Activities Thailand Sustainability Investment 2020 Raise Without Antibiotics Certificated 18
Slide 18: Contact Details
Contact Details The Company presentation is prepared by Thaifoods Group Public Company Limited (“the Company”) for our investors, shareholders and/or related persons. For further information, please contact: Mr. Winai Teawsomboonkij Ms. Siriluck Tangwiboonpanich Ms. Chormard Luengcomchat Chief Execu
Slide 19: Appendix
Appendix 20
Slide 20: Financial - Income Statement
Financial - Income Statement (Unit : Million THB) Income Statement (Unit : THB million) 2019 2020 2021 Changes % 6M 2021 6M 2022 Changes % Revenue from sales 28,919 31,339 34,823 3,485 11% 16,676 22,723 6,047 36% Cost of sales 25,719 26,909 31,670 4,761 18% 14,695 18,385 3,689 25% Gross Profit (Loss
Slide 21: Financial - Income Statement
Financial - Income Statement (Unit : Million THB) Income Statement (Unit : THB million) 2019 2020 2021 Changes % Q2 2021 Q2 2022 Changes % Revenue from sales 28,919 31,339 34,823 3,485 11% 8,360 12,327 3,967 47% Cost of sales 25,719 26,909 31,670 4,761 18% 7,402 9,581 2,179 29% Gross Profit (Loss) 3
Slide 22: Financial - Balance Sheet
Financial - Balance Sheet (Unit : Million THB) Balance Sheet (Unit : THB million) 2019 % 2020 % 2021 % Q2-2022 % Change % Current assets Cash and cash equivalents 399 2% 784 3% 416 1% 517 1% 101 24% Trade accounts receivable 1,582 7% 1,586 6% 2,318 7% 2,391 6% 73 3% Other current receivable 279 1% 3
Slide 23: Financial - Balance Sheet
Financial - Balance Sheet (Unit : Million THB) Balance Sheet (Unit : THB million) 2019 % 2020 % 2021 % Q2-2022 % Change % Equity Share capital Issued and paid-up share capital 5,608 25% 5,608 21% 5,644 16% 5,654 14% 10 0% Additional paid-in capital Premium on ordinary shares 1,743 8% 1,743 7% 1,906
Slide 24: Integrated Flow Chart: Poultry Business
Integrated Flow Chart Poultry Business 1 Day 24 64 Breeder Farm weeks weeks +40 Weeks Chick Breeder Farm Grandparent Pullets(Parents) and parent stock Pullets begin laying eggs at 24 weeks 21 days 38 - 45 days Hatchery Hatchery Broiler Farm Eggs are in hatchery Broilers reach market for 21 days weig
Slide 25: Integrated Flow Chart: Swine Business
Integrated Flow Chart Swine Business TFSF TFSI GGP GP PS FS Great-grandparents Grandparents Parent stock Fattening Stock Contract Farming 110 Kg. 23-24 Weeks Slaughterhouse Live Pigs Insemination 7 Days Gestation 116 Days Farrowing & Lactation 24 Days 5-6 Rounds/ Live Weaned Traditional market Moder
Slide 26: Integrated Flow Chart: Feed Mill Business
Integrated Flow Chart Feed mill Business 1 2 3 4 5 RM Incoming Grinding Batching Pelleting Product & Mixing Load Out 27
Slide 27: Our Products
Our Products Poultry Business Further Chicken Sausage Swine Business Food Blessing Feed mill Business Spare Rib Ham Belly (Lack) 28
Slide 28: Our Factory
Our Factory Feed Mill factory Poultry farm Swine farm Further factory Chicken Slaughterhouse Chicken Sausage factory Pig Slaughterhouse 29
Thaifoods Group Public Company — Q2 2022 Earnings Presentation on 6ix