Dynasty Ceramic Public Co. Ltd. · SET:DCC

Dynasty Ceramic Public — Q2 2013 Earnings Presentation

17 slides from Dynasty Ceramic Public's earnings presentation, Aug 20, 2013

  1. Slide 1: Dynasty Ceramic Contents

    20/08/56 “We are making the impossible, POSSIBLE.” Dynasty Ceramic Contents History Sales Market Analysis Cost of Production Performance Going Forward “Please feel free to ask any questions according to the topic presenting.” 2 1

  2. Slide 2: History Timeline

    20/08/56 “Our roadmap to number 1.” HISTORY 3 Timeline 80 Million Sq.M in 58 Million 2017 Sq.M in 2011 42 Million Sq.M in 2008 32 Million Sq.M in 2004 “Sustainable growth.” 4 2

  3. Slide 3: Sales Report

    20/08/56 “Analyzing market trend.” SALES REPORT 5 Sales Volume (1000sq.m) 6500 6000 5,529 5500 5,728 2011 = 55,443 (1000sq.m) 5000 4,964 4,926 4,873 2012 = 58,313 (1000sq.m) 4500 2013 = 30,249 (1000sq.m) 4000 4,229 3500 3000 January February March April May June July August September October Novembe

  4. Slide 4: Sales Value (MB) and ASP

    20/08/56 Sales Value (MB) 850 800 783 750 736 685 700 677 666 650 2011 = 7,195 MB 2012 = 7,603 MB 600 2013 = 4,128 MB 582 550 500 450 400 January February March April May June July August September October November December 7 ASP Da te Q1, 56 Q2, 56 Mea s ures Mea s ures Product Type Product Si ze M

  5. Slide 5: Sales Comparison by Distribution Channel (MB)

    20/08/56 Outlet Quarterly Sales Performance by Region (MB) 850 750 717 689 690 650 622 582 559 512 567 550 NE 481 468 483 462 455 M 450 432 424 420 432 418 393 398 397 400 404 E 368 383 387 388 368 338 322 350 S 350 320 322 373 324 334 371 359 361 291 310 N 281 346 344 293 295 288 329 247 228 250 20

  6. Slide 6: Analyzing Distribution Channels

    20/08/56 Analyzing Distribution Channels Y2012 2Q2013 Agent By Export 3% Export Outlet Agent By 2% 22% Outlet Outlet Franchise Franchise 64% 17% 5% 3% Agent By DCC Agent By DCC 7% 6% Outlet 71% Y2011 Export Agent By 3% Outlet 18% Franchise Outlet 6% 66% Agent By DCC 1Q2013 7% Export Agent By 2% Outl

  7. Slide 7: Analyzing Product Types

    20/08/56 Analyzing Product Types Wall 8x10 Other Wall Granito Y2012 Other Floor 8x8 9% Granito 0% 3% 2Q2013 8x12 1% 0% 2% Floor 8x8 4% Wall 8x12 5% Wall 8x8 1% Wall 8x8 3% Floor 12x12 Floor Floor 46% 1% 16x16(TR) 16x16(TR) Floor 12x12 0% Floor 16x16 2% 44% Wall 8x10 34% 11% Floor 16x16 34% Wall 8 x

  8. Slide 8: Cost of Production 2Q13 and 1H13

    20/08/56 Cost of Production 2Q13 Packaging, 5% Maintenance, 4% Supplies Used, 1% Gas Fixed, 6% Chemicals Gas, 29% Body Labour, 8% Depreciation Power, 7% Power Depreciation, 3% Chemicals, 21% Labour Body, 16% Fixed Maintenance Packaging Supplies Used 15 Cost of Production 1H13 Packaging, 4% Maintenan

  9. Slide 9: Natural Gas Price History and Changes in Cost

    20/08/56 Natural Gas Price History 500 450 400 350 BAHT / MMBTU 300 250 200 150 100 50 - ม.ค.-09 มี.ค.-09 พ.ค.-09 ก.ค.-09 ก.ย.-09 พ.ย.-09 ม.ค.-10 มี.ค.-10 พ.ค.-10 ก.ค.-10 ก.ย.-10 พ.ย.-10 ม.ค.-11 มี.ค.-11 พ.ค.-11 ก.ค.-11 ก.ย.-11 พ.ย.-11 ม.ค.-12 มี.ค.-12 พ.ค.-12 ก.ค.-12 ก.ย.-12 พ.ย.-12 ม.ค.-13 มี.ค.-1

  10. Slide 10: Quarterly Performance

    20/08/56 “Perfectionism.” PERFORMANCE 19 Quarterly Performance GROSS PROFIT NET PROFIT 1200 2500 2203 SALES VALUE 2093 1000 2021 1964 1882 1865 1925 2000 1851 892 1703 1777 840 1696 852 1621 823 1638 828 806 800 769 1490 744 1461 1461 1431 738 700 712 1392 1381 1500 1303 659 646 660 665 1184 615 601

  11. Slide 11: Net Profit & Earning Per Share

    20/08/56 Net Profit & Earning Per Share 170 154 150 133 130 125 2011 = 1,243MB,EPS = 3.05 B 110 114 115 105 2012 = 1,265 MB,EPS = 3.08 B 2013 = 745 MB,EPS = 1.82 B 90 70 50 January February March April May June July August September October November December 21 Statement of Financial Position Januar

  12. Slide 12: Performance

    20/08/56 LIABILITIES AND OWENER’S EQUITY January 2012 - June 2013 (MB.) AP & Accrued Exp. Overdrafts/Loan Employee Benefit Obligations Shareholders'Equity 4000 3500 3110 3210 2985 3056 3000 2865 2718 2814 2775 2798 2931 2731 2836 2590 2586 2685 2616 2691 2616 2500 2000 1500 1029 1080 1121 995 907 94

  13. Slide 13: Key Performance and Key Financial Ratio

    20/08/56 Key Performance FY07 FY08 FY09 FY10 FY11 FY12 1Q13 2Q13 Gas Cost of COGS 549.06 929.76 702.97 946.81 1,314.41 1,554.08 318.49 349.02 (Bt mil) Natural Gas Price (Bt/MMBTU) 257.09 354.44 245.54 303.07 371.67 404.40 370.77 371.86 Transportation Cost 345.70 438.51 410.48 517.39 598.06 640.13 17

  14. Slide 14: Going Forward: Production Capacity Expansion Plan

    20/08/56 “Targets and Goals.” GOING FORWARD 27 Production Capacity Expansion Plan 79.2M 64.8M 57.6M 11,000 10,500 • 20 kilns 10,000 • 20 kilns 9,500 • 20 kilns Increase Production 9,000 • 20 kilns Capacity 8,500 • 20 kilns 8,000 • 19 kilns 7,500 Reduce Cost • 17 kilns • 16 kilns 2009 2010 2011 2012

  15. Slide 15: Re-Branding

    20/08/56 Re-Branding • New uniform • New outlet structure • Improved service • Improved showcase • Value added 29 30 15

  16. Slide 16: Before After

    20/08/56 31 Before After 32 16

  17. Slide 17: 2013 Outlook

    20/08/56 2013 Outlook  Target 5% growth  Target to open 10 outlets  Add Value to products  Target 43% gross margin  Increase ASP to 138 Baht  Increase 5% in production capacity by modifications  More than 80% capacity utilization rate  Reduce 5% of labor  Re-Branding Project  Intensive tra

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