East Coast Furnitech Public Co., Ltd. · SET:ECF
East Coast Furnitech Public — Opportunity Day (April 2023)
32 slides from East Coast Furnitech Public's conference presentation, Apr 5, 2023
Slide 1: Opportunity Day
Opportunity Day 5 April 2023 1
Slide 2: East Coast Furnitech Public Company Limited
< ECF EAST COAST FURNITECH EAST COAST FURNITECH PUBLIC COMPANY LIMITED Head Office & Factory 37/9 Moo 10 Banbung-Klaeng Rd, T.Thangkwian A.Klaeng Rayong 21110 Tel : (66) 038-675-181-4 / Fax : (66) 038-678-220 Marketing Office 25/28 Moo 12 T.Bungkamproy A.Lamlukka Pathumthani 12150 Tel : (66) 02-152-
Slide 3: Table of Contents
Table of Contents 1. Basic Information 2. Business & Revenue Structure 3. Financial Information 4. Forward Looking 5. Other Information 6. Q&A
Slide 4: 1. Basic Information
‘, detsle Iniorricition
Slide 5: Basic Information
Basic Information verview Main Customers: Domestic 50% Oversea 50% “ECF is a manufacturer and distributor of home furniture in Thailand. The Company owns two factories in Rayong province, focusing on producing self-assembled furniture made of particle board and MDF, rubber wood furniture. Revenue fr
Slide 6: Factory 1 and Factory 2
Basic Information Factory 1 Klaeng, Rayong : Factory for self-assembled furniture made of particle board/MDF wood (Total area 43 rai) Factory 2 Wangchan, Rayong : Factory for rubber wood furniture, and decorative foil paper (Total area 54 rai) 6
Slide 7: ECF Marketing Office and Warehouses
Basic Information ECF Marketing Office and Warehouse # 1 Lamlukka Klong 5, Pathumthani : Marketing office and warehouse for showroom and dealers (Total area 2 rai) ECF Warehouse # 2 # 3 2 more warehouses at Pathumthani area (Total area 1.5 rai & 2,000 Sqm.) 7
Slide 8: Our Products
Our Products Basic Information 8
Slide 9: Our Products
Our Products Basic Information 9
Slide 10: Our Products
Our Products Basic Information 10
Slide 11: 2. Business & Revenue Structure
2. Business & Revenue Structure 11
Slide 12: Business Structure
Business Structure 99.95% 94.44% 99.99% 57.00% 75.00% 99.97% ECFH VV Rich New Business Agricultural Trading Business Furniture Trading Energy Business Online Platform Business Foil Paper PNB 20.00% 100.00% GEP Myanmar GEP • VV-Décor: VV Décor Co.,Ltd. • PNB: Planet Board Co.,Ltd. • SMW: SoMeWa Plaza
Slide 13: Revenue Structure
Revenue Structure 1. Revenue structure classified by product type and share of profits from investment in an associated company. Year 2020 Year 2021 Year 2022 Product Type Million Baht % Million Baht % Million Baht % 1. Furniture 1,330.70 94.00 1,495.38 93.92 1,313.28 89.74 2. Other Products such as
Slide 14: 3. Financial Information
3, Finteinetell Inforrnetiion! 14
Slide 15: Financial Information: Operating Result Highlight
Financial Information Highlight: Operating Result 12M Consolidated Y2022 Operating Profit including impairment losses of accounts receivable Total Revenue 1,463.40 million baht 168.58 million baht decreased from last increased 8.69% YoY year's total income of or equivalent to 1,592.19 million baht,
Slide 16: Financial Information (cont.)
Consolidated : Year 2022 as of 31 December 2022 Financial Information (cont.) Unit: million baht 18.84% 3.95% -8.42% -8.09% -13.01% Sales revenue -25.63% decreased due to 1,463.40 1,418.93 the decline in exports. (from customers in Japan and the U.S. under the global Y2021 economic situation, Y2022
Slide 17: Financial Information (cont.)
Consolidated : Year 2022 as of 31 December 2022 Financial Information (cont.) Unit: million baht 79.84% %Y2021 %Y2022 Overall, the cost of 10.12% 10.83% sales in the past year 75.79% 4.51% 2022 can be managed 8.47% 8.41% to have a reduced 3.91% proportion. 1,075.42 However, the overall picture of th
Slide 18: Financial Information (cont.)
Consolidated : Year 2022 as of 31 December 2022 Financial Information (cont.) Unit: million baht Gross profit, 24.21% %Y2021 %Y2022 Operating profit 11.52% 14.80% (including impairment loss from trade 2.56% accounts receivable), % to Net Sales % to Total Revenues and EBITDA increased from the better
Slide 19: Consolidated Financial Status
Consolidated Financial Status Financial Information (cont.) Unit: million baht as of 31 December 2020, 2021 and 2022 Assets increased from trade 31-Dec-21 31-Dec-22 change %change accounts receivable, property, Asset 3,756.20 3,988.10 231.90 6.17% building, and equipment. Liabilities 2,429.59 2,621.
Slide 20: 4. Forward Looking
4. Forward Looking 20
Slide 21: Forward Looking
Forward Looking Minbu Solar Power Plant Phase 2 3 and 4 Domestic Market Status Export Worldwide Target Growth of Y2023 Risk Management & Sustainability Good Corporate Development Governance SDGs 21
Slide 22: 5. Other Information
5, Diner Inforrniettion! 22
Slide 23: MSPP Project: Minbu Solar Power Plant, Myanmar
MSPP Project Minbu Solar Power Plant, Myanmar : Share of Profit from Investment Phase 1 Phase 2 23
Slide 24: Electricity demand and capacity gap in Myanmar
MSPP Project Data on the gap between electricity demand and capacity in Myanmar (2019 to 2024) Source: World Bank 24
Slide 25: MSPP Project: 220 MWDC Minbu Solar Power Plant Phase 1
MSPP Project 220 MWDC Minbu Solar Power Plant Phase 1 (50MWDC) State-of-the-Art Technology with Trusted Manufacturers Assuring Plant’s Reliability • Phase 1 constructed over 160 Acres • 160,000 PV Panels Top Tier Brand - Jetion • European-made Transformer – Siemens • European-made Inverters - SMA Fi
Slide 26: Project Status and Development Plan for Phase 2-4
Project Status and Development Plan for Phase 2-4 MSPP Project Overview of all 4 Phases 6 December 2021 Phase 4 Phase 3 Phase 1 Phase 2 Page 26
Slide 27: Overview of Phase 2 Construction Progress
Project Status and Development Plan for Phase 2-4 Phase 2 is expected to be finished within 2023. Overview of Phase 2 Construction Progress Page 27
Slide 28: Equipment Production Process
Project Status and Development Plan for Phase 2-4 (Equipment Production Process) Lightning Arrestor Page 28
Slide 29: MSPP Project Phase Areas
Project Status and Development Plan for Phase 2-4 MSPP Project 6 December 2021 Phase 1 Area Phase 2 Area Phase 3 Area Phase 4 Area Page 29
Slide 30: 6. Question and Answer
S$, Quasiion einiel Answer 30
Slide 31: Question & Answer
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Slide 32: Thank You
East Coast Furnitech PLC. Thank You Investor Relations +662-152-7301-4 ext.212 or 202 ir@eastcoast.co.th www.eastcoast.co.th 32
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