Qes Group Bhd · MYX:QES
Qes Group Bhd — Q4 2023 Earnings Presentation
25 slides from Qes Group Bhd's earnings presentation, Feb 26, 2024
Slide 1: Investor Briefing Q4 2023
INVESTOR BRIEFING Q4 2023 – 26 Feb 2024 www.qesnet.com © 2024 QES Group Berhad. All rights reserved.
Slide 2: Disclaimer
DISCLAIMER • This Presentation has been prepared by QES Group Berhad and is preliminary in nature and solely for information and discussion purposes and must not be relied upon for any other purpose. • The “Presentation” that follows shall mean and include the slides that follow, the oral presentati
Slide 3: Company Overview - Corporate Structure
COMPANY OVERVIEW - CORPORATE STRUCTURE DISTRIBUTION DIVISION MANUFACTURING DIVISION 100% 100% 100% 100% QES Intra Pacific QES (Asia-Pacific) QS Instruments QES Manufacturing Sdn. Bhd. Sdn. Bhd. Sdn. Bhd. Sdn. Bhd. 100% 87.7% QES (Thailand) Co., Ltd. QES Technology Philippines, Inc 100% 82.5% 100% 85
Slide 4: Business Overview - Business Segments
BUSINESS OVERVIEW - BUSINESS SEGMENTS Distribution Manufacturing Semiconductor Semiconductor Inspection, Test Materials & Analytical Inspection & Automated & Measurement Engineering Instruments Measuring Handling Equipment Solutions Equipment Equipment © 2024 QES Group Berhad. All rights reserved.
Slide 5: Business Overview - Sector & Product Diversity
BUSINESS OVERVIEW -SECTOR & PRODUCT DIVERSITY MANUFACTURING ❖ Diversified into 3 core sectors Core Business ❖ Counter cyclical DISTRIBUTION ❖ Spare parts and service provide strong recurring SPARE PARTS & SERVICE revenue ❖ Sustainable revenue growth Semiconductor Electrical & Electronics Automotive
Slide 6: Financial Highlights - Quarterly Results QoQ and YoY
FINANCIAL HIGHLIGHTS - QUARTERLY RESULTS QoQ AND YoY For the year ended RM'mil Q4'23 Q3'23 QoQ% Dec'23 Dec'22 YoY% Revenue Distribution 55.8 44.1 26.5% 208.1 227.6 -8.6% - Product 33.4 25.1 33.1% 130.2 147.9 -12.0% - Materials 5.5 3.1 77.4% 16.7 28.8 -42.0% - Spares & Service 16.9 15.9 6.3% 61.2 50.
Slide 7: Financial Highlights - Quarterly Results Comparison
FINANCIAL HIGHLIGHTS - QUARTERLY RESULTS COMPARISON In RM ‘mil For Year Ended Q4'23 Q4'23 Dec'23 vs Q4'23 Q4'22 Q3'23 Dec'23 Dec'22 Q4'22 Q3'23 Dec'22 Revenue 62.3 73.0 54.2 -14.7% 14.9% 240.7 264.4 -9.0% PATMI 2.6 5.4 4.3 -51.9% -39.5% 18.5 26.4 -29.9% PATMI Margin 4.2% 7.4% 7.9% 7.7% 10.0% EBITDA
Slide 8: Financial Highlights - Quarterly Revenue and PBT Trend
FINANCIAL HIGHLIGHTS – QUARTERLY REVENUE AND PBT TREND Quarterly Financial Highlights 2020 - 2023 20.0% 72.0 73.0 18.2% 18.0% 17.1% 66.3 67.0 64.2 62.3 16.0% 57.2 14.5% 54.3 14.2% 54.2 14.0% 52.6 53.1 51.7 11.9% 12.0% 11.5% 39.8 40.6 38.9 10.3% 10.1% 10.0% 35.9 9.9% 8.9% 9.3% 8.3% 8.0% 7.7% 6.2% 6.1
Slide 9: Financial Highlights - Annual Revenue and PATMI Trend
FINANCIAL HIGHLIGHTS – ANNUAL REVENUE AND PATMI TREND Financial Highlights 300.0 2019 - 2023 12.0% 264.4 250.0 10.0% 240.7 10.0% 222.8 200.0 8.5% 8.0% 7.7% 161.4 155.2 150.0 6.0% 5.6% 100.0 4.0% 50.0 2.0% 2.0% 26.4 19.0 18.5 3.3 8.7 - 0.0% 2019 2020 2021 2022 2023 Revenue (RM'million) PATMI (RM'mill
Slide 10: Financial Highlights - Cash & Cash Equivalents
FINANCIAL HIGHLIGHTS – CASH & CASH EQUIVALENTS © 2024 QES Group Berhad. All rights reserved.
Slide 11: Financial Highlights - Gearing Ratio
FINANCIAL HIGHLIGHTS – GEARING RATIO © 2024 QES Group Berhad. All rights reserved.
Slide 12: Financial Highlights - Other Ratios
FINANCIAL HIGHLIGHTS – OTHER RATIOS Earnings before Interest, Taxes, Depreciation and Profit attributable to Owners of the Company Amortisation (RM'million) (RM'million) 39.3 26.4 32.0 29.0 19.0 18.5 15.4 8.7 8.7 3.3 2019 2020 2021 2022 2023 2019 2020 2021 2022 2023 Basic Earnings per Share (sen) Cu
Slide 13: Analysis: Revenue Breakdown - By Country/Region
ANALYSIS: REVENUE BREAKDOWN – BY COUNTRY/REGION 4.8% 8.3% 6.1% 8.5% 9.0% 57.8% 50.2% 47.6% 53.3% 53.4% 41.3% 43.4% 40.6% 37.4% 38.3% 2019 2020 2021 2022 2023 Malaysia ASEAN Others © 2024 QES Group Berhad. All rights reserved.
Slide 14: Analysis: Revenue Breakdown - By Division
ANALYSIS: REVENUE BREAKDOWN – BY DIVISION 4.4% 11.4% 13.9% 13.5% 16.2% 26.5% 21.1% 19.3% 25.4% 25.8% 69.1% 67.5% 66.8% 61.1% 58.0% 2019 2020 2021 2022 2023 Distribution Division - Product Distribution Distribution Division - Services & Supply of Spare Parts Manufacturing Division © 2024 QES Group Be
Slide 15: Analysis: Revenue Breakdown - By Industry
ANALYSIS: REVENUE BREAKDOWN – BY INDUSTRY 10.7% 9.3% 12.5% 14.5% 13.2% 17.6% 24.5% 18.8% 18.0% 20.0% 21.9% 24.8% 22.1% 20.3% 25.2% 51.2% 43.9% 45.2% 46.7% 39.6% 2019 2020 2021 2022 2023 Semicon Automotive E&E Others © 2024 QES Group Berhad. All rights reserved.
Slide 16: Analysis: Manufacturing Equipment Series Revenue Trend
ANALYSIS: MANUFACTURING EQUIPMENT SERIES REVENUE TREND Manufacturing Division - Revenue Breakdown (YoY) by Product Series © 2024 QES Group Berhad. All rights reserved.
Slide 17: Analysis: Equipment Installed Base - Cumulative
ANALYSIS: EQUIPMENT INSTALLED BASE - CUMULATIVE Manufacturing Total QES Group * 476 500 16,000 14,556 422 13,827 450 12,933 14,000 12,291 11,642 400 344 12,000 350 300 265 10,000 300 250 8,000 200 6,000 150 4,000 100 50 2,000 - - FY 19 FY 20 FY 21 FY 22 FY 23 FY 19 FY 20 FY 21 FY 22 FY 23 * Some equ
Slide 18: Sustainable Through Global Uncertainties
SUSTAINABLE THROUGH GLOBAL UNCERTAINTIES DIVERSE MARKET SEGMENTS & GEOGRAPHICAL SPREAD STRONG FINANCIALS PRODUCTS • > 30 years of being a one stop specialist in • Extensive subsidiaries network in ASEAN region. • Cash and cash equivalents of > RM 80.7 million as manufacturing, distribution and servi
Slide 19: Semiconductor Market Outlook
SEMICONDUCTOR MARKET OUTLOOK © 2024 QES Group Berhad. All rights reserved.
Slide 20: Semiconductor Market Outlook
SEMICONDUCTOR MARKET OUTLOOK © 2024 QES Group Berhad. All rights reserved.
Slide 21: Semiconductor Market Outlook
SEMICONDUCTOR MARKET OUTLOOK © 2024 QES Group Berhad. All rights reserved.
Slide 22: ESG Targets and Action Plans - Environmental
ESG TARGETS AND ACTION PLANS Environmental Environmental ❖ QES ❖ QESpromoting promoting WEEE/ROHS WEEE/ROHS analytical analytical equipment equipment to to check and check hazardous monitor and monitor hazardous elements elements (lead, mercury, (lead,etc)mercury, cadmium coming 237 metric tons 912,
Slide 23: Harnessing Solar Power for a Sustainable Tomorrow
HARNESSING SOLAR POWER FOR A SUSTAINABLE TOMORROW The PV System size in place is 233.2kWp with an expected output of 302,011kWh per year. With these solar panels in place, we are looking to offset 237 tonnes of carbon dioxide, which is also saving the equivalent of:- Our solar journey showcases our
Slide 24: ESG Targets and Action Plans - Social and Governance
ESG TARGETS AND ACTION PLANS Social Governance ❖ Appropriate checks and balance via separate roles and ❖ Gender and racial diversity within employees. functions of Chairman and Managing Director / Approximately 30% female; 70% male President. employee in the entire Group. ❖ Strong oversight and acco
Slide 25: The End
THE END QES Group Berhad THANK YOU No 2, Jalan Jururancang U1/21, HICOM Glenmarie Industrial Park, Seksyen U1, 40150 Shah Alam, Selangor, Tel: (603) 5882 6668 Malaysia Fax: (603) 5567 0811 www.qesnet.com Email: investor.relations@qesnet.com © 2024 QES Group Berhad. All rights reserved.