Pranda Jewelry Public Co. Ltd. · SET:PDJ
Pranda Jewelry Public — Q2 2022 Earnings Presentation
39 slides from Pranda Jewelry Public's earnings presentation, Aug 26, 2022
Slide 1: Opportunity Day Presentation
OPPORTUNITY DAY PRESENTATION AUGUST 26, 2022
Slide 2: Agenda
Agenda 01 About Pranda Group 02 Financial highlight Q2 2022 03 2022 Strategic Plan and progress
Slide 3: Core Business
Core Business Align with business group structure is effective from January 1st, 2022 onwards To be the world s leading alliance for jewelry businesses that enables the valued partners to achieve the mutual growth and success Production Base Omnichannel Distribution Base 3
Slide 4: Agenda: Financial highlight Q2 2022
Agenda 01 About Pranda Group 02 Financial highlight Q2 2022 03 2022 Strategic Plan and progress
Slide 5: Sale Performance 3 months
Sale Performance 3 months 2nd Quarter FY2022 vs FY2021 23% Production Omni-Channel Q2 2022 269 MB, 67% 250 66 MB, 48% 77% 800 200 700 600 150 500 335 MB, 62% 400 100 204 300 673 1,000 138 200 404 50 900 100 800 700 0 0 600 Q2'21 Q2'22 Q2'21 Q2'22 500 400 877 Production Unit Omni-Channel Unit 300 200
Slide 6: Sale Performance 6 months
Sale Performance 6 months First-Half FY2022 vs FY2021 27% Production Omni-Channel 1H 2022 600 73% 483 MB, 69% 91 MB, 27% 1400 500 1200 400 1000 800 300 574 MB, 55% 600 200 434 1,800 1,188 343 400 705 100 1,600 200 1,400 0 0 1,200 1H'21 1H'22 1H'21 1H'22 1,000 800 1,622 Production Unit Omni-Channel U
Slide 7: Gross Profit Margin
Gross Profit Margin 27% 26% 25% 27% 24% 24% 25% 23% 15% 228.15 241.27 10% 197.77 186.96 205.87 141.72 162.34 137.63 80.10 Amt.(MB) 47.36 % Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 GP first-half - FY2022 vs FY2021 17% 43% 239 40% 11% 198 151 93 1H 2021 1H 2022 1H 2021 1H 2022 Produ
Slide 8: SG&A
SG&A SG&A [MB.] 199 205 157 155 158 148 148 140 138 125 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 SG&A first-half - FY2022 vs FY2021 25 MB, 19% 5 MB, 3% 157 188 193 132 1H 2021 1H 2022 1H 2021 1H 2022 Production Unit** Omni-Channel Unit** **Before elimination of intercompany transa
Slide 9: Operating Profit Before Interest and Tax
Operating Profit Before Interest and Tax Amt. [MB.] 90 83 58 39 6 5 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 (17) (57) (60) (78) **Excluded Gain(Loss) on exchange rate. 9
Slide 10: Financial Performance Q2 2022
Financial Performance Q2 202 Unit: Million THB April - June January - June 2022 2021 Change (%) 2022 2021 Change (%) Sale revenue 877.57 542.56 61.75% 1,622.20 1,048.43 54.73% Cost of sales 671.70 462.46 45.24% 1,229.37 830.69 47.99% Gross profit 205.87 80.10 157.02% 392.83 217.74 80.41% Gross profi
Slide 11: Gold Market Price
Gold Market Price USD/OZ 2,000.00 1,947.83 1,950.00 Average Price 1,900.00 1,834.57 1,833.83 1,850.00 1,855.96 1,800.00 1,750.00 1,786.65 1,700.00 1,718.23 1,650.00 Q2 2022 Q2 2021 1H 2022 1H 2021 MTM Gold Price -6% +7% +3% -1% Effect from MTM Gain Loss Loss Gain 11
Slide 12: Statement of financial position of Pranda Group
Statement of financial position of Pranda Group Unit : million Baht Total Assets Total Liabilities and Shareholders' Equity 3,889.90 3,889.90 3,788.80 3,788.80 314.57 397.82 Cash and cash equivalents 416.77 831.23 969.89 328.01 Trade and other payables Trade and other receivables 87.10 33.01 Current
Slide 13: Cash Flow
Cash Flow Unit: Million Baht January - June 2022 2021 Cash Flow from Operating Activities 33.92 124.71 Cash Flow from Investing Activities (12.83) (16.14) Cash Flow from Financing Activities (110.87) (62.04) Exchange difference on Translation Adjustment 6.53 (77.74) Net Cash Flow (83.25) (31.21) 13
Slide 14: Agenda: 2022 Strategic Plan and progress
Agenda 01 About Pranda Group 02 Financial highlight Q2 202 03 2022 Strategic Plan and progress
Slide 15: Production Base
Production Base Key Strategic Plan • Keep focus on Strategic Partner for affordable fine jewelry brands • Solid customer portfolio leading brands and designers in affordable fine jewelry continue growth • Focus on key partners to Balance order planning and entice customers for ordering during low se
Slide 16: Production Base: Monthly Order on Hand
Production Base (Cont.) Million USD Monthly - Order on Hand 25.0 54% YoY 20.8 20.0 19.6 16.2 15.0 13.4 10.5 10.0 8.2 5.0 0.0 Jun-21 Jul-21 Aug-21 Jun-22 Jul-22 Aug-22 16
Slide 17: Production Base: Minimize over-capacity during high season
Production Base (Cont.) Minimize over-capacity during high season 40 35 30 Average capacity level 25 20 15 10 5 0 Q1 Q1 Q2 Q2 Q3 Q3 Q4 Q4 Plan Volumn need to manage plan Actual Forecast 2022 17
Slide 18: Production Base: Sale Forecast
Production Base (Cont.) Sale Forecast Production Unit: Million Baht 9M FY2022 Expected above Target +11% Estimated + 25% YoY 2,300 2,300 2,152 2,300 719 1,800 1,800 1,507 1,404 1,300 603 1,300 800 673 800 511 300 475 515 300 (200) FY2020 FY2021 Actual Target Forecast (200) 9MFY2021 FY2022 9MFY2022 A
Slide 19: Omnichannel Distribution Base
Omnichannel Distribution Base Key Market Outlook • Thailand • United Kingdom • Vietnam • India (Prima Art) 19
Slide 20: Thailand
Thailand 9M FY2022 Expected Slightly Below Target Unit: Million Baht Estimated + 57% YoY 830 662 580 Actual Forecast Q32022 0 357 Target 1H2022 Target 2H2022 370 353 FY2020 FY2021 Actual Target Forecast 9MFY2021 FY2022 9MFY2022 20
Slide 21: Thailand
Thailand Shop Online Marketplace 67 POS As of June 2022 Kiosk YTD22 Social Commerce Offline +47% YOY YTD22 Counter Online +39% YOY **YTD sale up to date 31 July 2022 21
Slide 22: Reinforcing Expertise in High Craftsmanship Collection
Reinforcing Expertise in High Craftsmanship Collection 22
Slide 23: Offering Unique Designs for Engagement & Wedding
Offering Unique Designs for Engagement & Wedding 23
Slide 24: Expanding Affordable Jewelry Ranges – Younger Segments
Expanding Affordable Jewelry Ranges – Younger Segments 24
Slide 25: DEVOTION SERIES launch in Q2 2022
DEVOTION SERIES launch in Q2 2022 25
Slide 26: Vietnam
Vietnam 9M FY2022 Expected Below Target 28% Unit: Million Baht Estimated + 48% YoY 70 Actual 61 Forecast Q32022 46 34 Target 1H2022 Target 2H2022 25 36 29 FY2020 FY2021 Actual Target Forecast 9MFY2021 FY2022 9MFY2022 26
Slide 27: Vietnam
Vietnam Hanoi Vincom Batrieu, Hanoi 9 POS (HN = 5, HCMC = 4) Vincom Dong Khoi, Ho Chi Minh YTD 2022 +39% YOY Ho Chi Minh Aeon Mall, Ho Chi Minh **YTD sale up to date 14 Aug 2022 27
Slide 28: Vietnam: High Craftsmanship PRIMA ART
Vietnam High Craftsmanship PRIMA ART 28
Slide 29: India
India 9M FY2022 Expected Above Target 26% Unit: Million Baht Estimated + 228% YoY 130 Actual Forecast Q32022 73 62 Target 1H2022 Target 2H2022 35 27 66 57 FY2020 FY2021 Actual Target Forecast 9MFY2021 FY2022 9MFY2022 29
Slide 30: India YTD 2022 +186% YOY
YTD 2022 +186% YOY As of Jun 2022 **YTD sale up to date 31 Jul 2022 30
Slide 31: India
India Gallery In Shop Branding Easel stands 31
Slide 32: India: Prima Art Gallery in Trusted Jewelry Retailer
India Prima Art Gallery in Trusted Jewelry Retailer 32
Slide 33: India: IIJS Exhibition
India IIJS Exhibition (4th -8th Aug 2022) 33
Slide 34: United Kingdom
United Kingdom Unit: Million Baht 9M FY2022 Expected Below Target 36% Estimated - 27% YoY Actual 100 Forecast Q32022 76 Target 1H2022 68 Target 2H2022 67 48 33 14 FY2020 FY2021 Actual Target Forecast 9MFY2021 FY2022 9MFY2022 34
Slide 35: Gemondo Channel
Gemondo Channel Own Website www.gemondo.com Gemondo App (Mobile) 35
Slide 36: Gemondo Channel: Marketplace
Gemondo Channel Marketplace Amazon Wolf and Badger 36
Slide 37: Omnichannel Distribution
Omnichannel Distribution 9M FY2022 Unit: Million Baht Expected below Target 8% Estimated + 55% YoY 1,130 Actual 955 Forecast Q32022 339 748 Target Q12022 284 Target Q22022 468 230 222 Target Q32022 277 Target Q42022 237 FY2020 FY2021 Actual Target Forecast 9MFY2021 FY2022 9MFY2022 37
Slide 38: Disclaimer
Disclaimer In the presentation, even though the slideshow presents for the Pranda, the presentation still adds a disclaimer stating that the views in a presentation are our own. Also, the content of this presentation is proprietary and confidential information of Pranda Jewelry PCL. It is not intend
Slide 39: Thank You
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