Rajthanee Hospital Public Company Limited · SET:RJH
Rajthanee Hospital Public — 2Q 2021 Earnings Presentation
15 slides from Rajthanee Hospital Public's earnings presentation, Oct 1, 2021
Slide 1: Rajthanee Hospital Public Company Limited 2Q 2021 Result
Rajthanee Hospital Public Company Limited 2Q 2021 Result
Slide 2: Financial Performance
03 Financial Performance
Slide 3: Revenue Breakdown By Patient Type
Revenue Breakdown By Patient Type 25% OPD 21% 34% IPD 45% 2Q 2020 2Q 2021 THB 393 million Covid-19 (OPD THB 559 million & IPD) 22% SW 23% 8% 21% 3
Slide 4: Hospital Revenue
Hospital Revenue Revenue from Hospital Operations (THB Million) Non SW Revenue Social Security Revenue CAGR = 9.8% 1,855 1,771 1,587 774 730 676 +42.2% (y-o-y) 1,064 +10.6% (q-o-q) 840 418 373 505 559 1,041 1,081 447 393 911 192 196 226 647 177 467 367 251 216 279 2018 2019 2020 6M20 6M21 1Q20 2Q20
Slide 5: OPD - Non SW Patients
OPD - Non SW Patients Revenue from OPD Non SW Patients (THB Million) OPD Non SW Covid Test CAGR 14.6% 140 +63.4% (y-o-y) +27.2% (q-o-q) 141 472 522 492 32 46 94 224 241 32 125 99 121 120 2018 2019 2020 6M20 6M21 1Q20 2Q20 1Q21 2Q21 Number of Visits /1 and Revenue per Visit /2 Non-SW OPD visits ('000
Slide 6: OPD Utilization Rate – All Sectors
OPD Utilization Rate – All Sectors OPD Capacity (Units) /1 & Utilization Rate (%) /2 OPD units Hemo Units Total Units % Utilization 81.6% 81.6% 80.2% 70.6% 69.6% 66.9% 67.7% 66.0% 59.7% 126 129 128 129 129 123 115 119 112 54 52 55 55 55 55 47 47 50 65 68 72 71 74 69 73 74 74 2018 2019 2020 6M20 6M21
Slide 7: IPD – Non SW Patients
IPD – Non SW Patients Revenue from IPD Non SW Patients (THB million) CAGR 8.3% General Covid-19 81.3% (y-o-y) 25 37.7% (q-o-q) 519 439 449 25 211 240 126 85 112 129 2018 2019 2020 6M20 6M21 1Q20 2Q20 1Q21 2Q21 Number of Visits /1 and Revenue per Visit Non-SS IPD Visit ('000 visits) Revenue per Visit
Slide 8: IPD Utilization Rate – All Sectors
IPD Utilization Rate – All Sectors IPD Capacity (Beds) /1 & Utilization Rate (%) /2 Beds % Utilization 76.2% 75.5% 71.4% 68.5% 63.4% 63.6% 60.8% 58.6% 50.3% 282 292 292 292 276 274 278 260 234 2018 2019 2020 6M20 6M21 1Q20 2Q20 1Q21 2Q21 /1 Average of the period /2 Include visits among the group 8
Slide 9: IPD Beds : General & Covid-19
IPD Beds : General & Covid-19 Average no.of Beds for Quarter Full Start Average Number of Beds by period Capacity Operation 2020 Q1 2021 Q2 2021 Q3 2021 Non-Covid Ward 169 282 292 169 169 Covid Ward 310 310 310 Field Hospital : inside hospital RJH Built 267 16-Jul 223 Rojana Built 180 22-Jul 139 Fie
Slide 10: Social Security Insurers
Social Security Insurers Average Insured Persons (‘000 persons) RJH RRH Average Insured Persons 197.3 195.8 198.8 193.7 193.8 193.1 194.5 187.8 175.4 33.5 33.4 36.7 32.7 34.2 35.3 38.1 27.3 19.0 156.4 160.5 160.2 160.4 160.6 160.4 160.3 160.5 160.7 2018 2019 2020 6M20 6M21 1Q20 2Q20 1Q21 2Q21 10
Slide 11: Social Security Revenue
Social Security Revenue Social Security Revenue (THB Million) Social Security Revenue Previous Yr Revenue Adjustment CAGR 7% 21 5 2 • Less operations for high-cost care patients (Adj RW) 25 +8.0% (y-o-y) 754 2 725 674 -15.2% (q-o-q) 2 25 372 392 194 177 201 192 2018 2019 2020 6M20 6M21 1Q20 2Q20 1Q2
Slide 12: Gross Margin
Gross Margin Gross Profit Gross Profit % Gross Profit Margin • High margin of Covid test • Fewer visit of SW patients • Economy of scale • Preceding year under-recorded 37.7% SW revenue 35.6% 33.3% 31.5% 32.0% 31.9% 30.6% 30.8% 29.6% 30% 594 557 485 379 259 211 143 168 116 2018 2019 2020 6M20 6M21 1
Slide 13: Net Profit
Net Profit Net Profit (THB Million) & Net Profit Margin (%) Net Profit (excl. extra items) Extra Income / (Expense) % Net Profit Margin (excl. extra items) 39 55 25% 22% 20% 20% 20% 20 19% 18% 17% 358 358 17% 269 225 20 169 138 84 65 87 (11) (21) (1) (0) 2018 2019 2020 6M20 6M21 1Q20 2Q20 1Q21 2Q21
Slide 14: Slide 14
Slide 15: Q&A
Q&A Rajthanee Hospital Public Company Limited 111 Moo 3, Khlong Suan Phlu Sub-district, Phra Nakhon Si Ayutthaya District, Phra Nakhon Si Ayutthaya Province, Thailand 13000 Tel: (+66) 3533-5555-71 For further information & enquiries, please contact our investor relations at: Manassa Lertdumrongluck
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