General Steel Holdings Inc · OTC:GSIH
General Steel — Q2 2013 Earnings Presentation
12 slides from General Steel's earnings presentation, Aug 30, 2013
Slide 1: Second Quarter 2013 Earnings Call Presentation
1 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. Second Quarter 2013 Earnings Call Presentation August 30, 2013
Slide 2: Safe Harbor Statement
2 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. Safe Harbor Statement This presentation (including the financial projections and any subsequent questions and answers) contains statements that are forward - looking
Slide 3: Agenda
3 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. Agenda China Steel Industry Review Operational Achievements Review Second Quarter 2013 Highlights Q&A F inancial Review
Slide 4: Second Quarter 2013 Highlights
4 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. 1,339 1,304 1,385 2012 Q2 2013 Q1 2013 Q2 Sales Volume In Thousand MTs Second Quarter 2013 Highlights x Restarting share repurchase program x Improved operational eff
Slide 5: Enhanced Sales Channel
5 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. Enhanced Sales Channel x Increased direct sales, aimed at the government and state - owned enterprises with higher margins x Diversified distribution network with les
Slide 6: Positive Yield from Benchmarking Programs
6 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. Positive Yield from Benchmarking Programs Estimated Savings for full - year 2013 x Transportation cost savings of approx . RMB 37 mln x Raw material additives saving
Slide 7: Expanding Continuous Rolling Capacity
7 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. 1,000 1,000 1,000 1,000 1,200 1,200 2,100 3,300 0 1,000 2,000 3,000 4,000 5,000 2011 Year-end 2012 Year-end 3Q 2013 4Q 2013(E) High-Speed Wire Production Line Rebar P
Slide 8: China Steel Industry Review
8 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. China Steel Industry Review » Lower - than - expected 2Q 2013 GDP GR of 7.5% » Over - production in Steel sector continued: • 1H 2013 crude steel production in China
Slide 9: 2Q 2013 Financial Summary
9 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. 1,299 1,348 40 37 2Q 2012 2Q 2013 Longmen Joint Venture Other Subsidiaries Items 2Q 2013 2Q 2012 Y - o - Y% Total Sales Volume (Thousands MT) 1,385 1,339 +3.4% ASP of
Slide 10: Significant Savings in Finance Expense
10 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. Significant Savings in Finance Expense Driven by savings in finance expense on bank borrowings and discounted notes receivables • 2 Q 2013 $ 16 . 1 mln (down 62 . 7
Slide 11: Balance Sheet Summary
11 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. Balance Sheet Summary AS OF (USD 1,000) June 30, 2013 December 31, 2012 Assets: Cash and Restricted Cash $448,541 $369,887 Accounts Receivable $48,485 $21,661 Notes
Slide 12: Q&A
12 This presentation is intended to be viewed in conjunction with the General Steel Holdings, Inc. second quarter 2013 earnings cal l. 12 Q&A Jenny Wang Joyce Sung General Steel Holdings, Inc. General Steel Holdings, Inc. Tel: + 86 - 10 - 5775 - 7691 +1 - 347 - 534 - 1435 Email: jenny.wang@gshi - st
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