Thai Stanley Electric Public Co., Ltd. · SET:STANLY
Thai Stanley Electric Public — FY2014 Earnings Presentation
30 slides from Thai Stanley Electric Public's earnings presentation, May 28, 2015
Slide 1: The 2014 Operation Result Meeting
The 2014 Operation Result Meeting Apichart Leeissaranukul May 28, 2015 THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED The completely integrated manufacturer of world class automotive lighting THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 2: Agenda
Agenda 1. Business Report 2014 2. The Fiscal Year 2014 Financial Statement 3. New Product (Jan – Mar 2015)
Slide 3: GDP Growth 2001 – 2014
Business Report GDP Growth 2001 – 2014 % 10.0 7.8 8.0 6.5 6.0 3.5 4.0 2.9 2.0 0.7 0.1 0.0 2009 2010 2011 2012 2013 2014 2015(F) -2.5 -2.0 -4.0 Source: Office of the National Economic and Social Development Board (www.nesdb.go.th) as 16/02/2015 THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 4: 4W Market Sale (Domestic & Export) 2005 – 2014
Business Report 4W Market Sale (Domestic & Export) 2005 – 2014 (January – December) X 1,000 unit Compare with FY2013 ▼ 18% 3000 Domestic Export 2.46 Million 2.01 Million Units Units 2500 2000 1027 1128 1500 1128 ▼ 0% 896 736 1000 539 690 776 441 535 1,436 1,331 500 703 800 794 881 ▼ 34% 683 631 615
Slide 5: 4W Market Sales 2013 - 2014 by Quarterly
Business Report 4W Market Sales (Domestic & Export) 2013 - 2014 by Quarterly (January – December) X 1000 unit 2,458,860 units 2,009,934 units Compare with FY2013 ▼ 18% 2013 2014 1000 800 702 580 600 577 600 516 523 485 486 400 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STAN
Slide 6: 4W Market Sale 2015 (January – March)
Business Report 4W Market Sale (Domestic & Export) 2015 (January – March) X 1,000 unit Domestic Export Compare with 800 FY2014 ▲ 2% 600 516 526 292 328 ▲ 13% 400 200 224 198 ▼ 12% 0 2014 2015 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 7: 4W Productions 2005 – 2014
Business Report 4W Productions 2005 – 2014 (January – December) X 1,000 unit Compare with 2013 3000 ▼ 23% 2,454 2,457 2500 2000 1,880 1,644 1,458 1500 1,194 1,301 1,194 751 999 1000 500 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source: The Federation of Thai Industries THAI STANLEY ELECTRI
Slide 8: 4W Production 2013 - 2014 by Quarterly
Business Report 4W Production 2013- 2014 by Quarterly (January – December) unit 2,457,039 units 1,880,007 units Compare with 2013 2013 2014 ▼ 23% 1000 800 721 619 600 589 517 527 456 471 434 400 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMI
Slide 9: 4W Productions 2015 (January – March)
Business Report 4W Productions 2015 (January – March) X 1,000 unit 2014 2015 1000 800 600 ▲ 1% 400 517 523 200 0 2014 2015 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 10: 2W Market Sale (2005 – 2014)
Business Report 2W Market Sale (2005 – 2014 January - December) X 1,000 unit 3000 Compare with 2013 ▼ 15% 2500 2,112 2,130 2,055 2,007 2,004 2000 1,703 1,846 1,702 1,599 1,535 1500 1000 500 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source: The Federation of Thai Industries THAI STANLEY ELE
Slide 11: 2W Market Sales 2013 - 2014 by Quarterly
Business Report 2W Market Sales 2013 - 2014 by Quarterly (January – December) X 1,000 unit 2,004,493 units 1,701,535 units 2013 2014 Compare with 2013 1000 ▼ 15% 800 600 549 549 400 492 446 447 414 432 377 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC C
Slide 12: 2W Market Sales 2015 - Domestic (January – March)
Business Report 2W Market Sales 2015 - Domestic (January – March) X 1,000 unit 700 600 ▲ 11% 500 400 300 479 200 432 100 0 2014 2015 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 13: 2W Productions 2005 – 2014
Business Report 2W Productions 2005 – 2014 (January – December) X 1,000 unit 3000 Compare with 2013 ▼ 17% 2500 2000 1500 2,606 2,359 2,219 1000 2,079 2,024 2,043 1,923 1,843 1,652 1,634 500 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Source: The Federation of Thai Industries THAI STANLEY ELE
Slide 14: 2W Production 2013 - 2014 by Quarterly
Business Report 2W Production 2013 - 2014 by Quarterly (January – December) unit 2,218,625 units 1,842,708 units Compare with 2013 2013 2014 1000 ▼ 17% 800 600 607 588 552 488 470 472 400 427 458 200 0 Q-1 Q-2 Q-3 Q-4 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIM
Slide 15: 2W Productions 2015 (January – March)
Business Report 2W Productions 2015 (January – March) X 1,000 unit 2014 2015 800 ▲ 10% 600 400 488 537 200 0 2014 2015 Source: The Federation of Thai Industries THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 16: THS Business Result (FY2005 – FY2014)
THS Business Result (FY2005 – FY2014) (Sales & Net Profit) Compare with FY2013 Sale ▼7 % Profit ▼ 22% 13,000 6,000 Sales Profit 11,335 11,000 5,000 10,269 9,524 8,940 9,000 8,315 8,330 4,000 7,907 7,894 7,286 7,286 7,000 3,000 5,000 2,000 1,488 1,428 1,428 1,158 3,000 1,000 1,067 1,152 1,296 1,109 9
Slide 17: Analysis by Quarterly
Business Report – Analysis by Quarterly Analysis by Quarterly Unit : MB 4000 2500 2000 3000 2,831 2,751 2,585 2,461 2,392 2,384 1500 2,343 2,046 2000 1000 500 368 1000 392 350 367 402 359 235 204 0 0 -500 Q1/2013 Q2/2013 Q3/2013 Q4/2013 Q1/2014 Q2/2014 Q3/2014 Q4/2014 Sales Net Profit THAI STANLEY E
Slide 18: Operating Income
Business Report Operating Income Unit: Million baht Fiscal year 2014 Fiscal year 2013 (Apr 2014-Mar 2015) (Apr 2013-Mar 2014) Change amount ratio amount ratio Auto bulb plant 675.01 7.09% 653.68 6.37% 3.26% Automotive lamp plant 8,389.58 88.09% 9,018.47 87.83% (6.97%) Die & mold plant & R&D 459.24 4
Slide 19: Capital expenditures
Business Report Capital expenditures Unit: Million baht Fiscal year 2014 Fiscal year 2013 (Apr 2014 - Mar 2015) (Apr 2013 - Mar 2014) Change amount Amount Land 18.15 62.21 (70.82%) Buildings 117.17 137.87 (15.01%) Machines & 493.71 557.79 (11.49%) Equipment Molds & Tools 323.35 214.42 50.80% Others
Slide 20: Employment
Business Report Employment Unit: Person Fiscal year 2014 Fiscal year 2013 Change (Apr 2014-Mar 2015) (Apr 2013-Mar 2014) Local employee (male) 1,648 1,630 18 Local employee (female) 1,508 1,392 116 Japanese staff 25 32 (7) Total 3,181 3,054 127 THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 21: 2014 Awards
Business Report 2014 Awards 1. The Best Performance Company of Safety , Occupational Health and Workplace Environment as of year 2014 From Department of Labor Protection and Welfare for 11 consecutive years ( July 2014) 2. An Outstanding Establishment for Labor Relations Welfare Award as of year 201
Slide 22: Agenda
Agenda 1. Business Report 2014 2. The Fiscal Year 2014 Financial Statement 3. New Product (Jan – Mar 2015)
Slide 23: Balance Sheet
The Fiscal Year 2014 Financial Statement Balance Sheet 31 March 2015 31 March 2014 Change (MB) (MB) (%) The Equity Method Current Assets 5,947.01 5,261.97 13.02 Total Assets 13,293.90 12,506.08 6.30 Current Liabilities 1,551.39 1,484.28 4.52 Total Liabilities 1,754.57 1,674.24 4.80 Shareholders’ Equ
Slide 24: Statement of Income
Statement of Income 31 March 2015 31 March 2014 Change (MB) (MB) (%) The Equity Method Sales 9,523.83 10,268.62 (7.25) Cost of sales 7,808.83 8,080.35 (3.36) Gross Profit 1,715.00 2,188.27 (21.63) Selling and Administrative 727.66 830.96 (12.43) expenses Share of profit from 168.53 130.55 29.10 inve
Slide 25: Cash Flow
Cash Flow March March The Equity Method (MB) 31, 2015 31, 2014 Unit : MB Net Cash received from Operating Activities 1,737.24 2,502.72 Net Cash used in Investing Activities (1,595.61) (1,025.43) Net Cash used in Financing Activities (459.06) (517.19) Net increase cash and Cash equivalents (317.43) 9
Slide 26: Agenda
Agenda 1. Business Report 2014 2. The Fiscal Year 2014 Financial Statement 3. New Product (Jan – Mar 2015)
Slide 27: New Product HONDA MOVE Head Lamp
New Product HONDA MOVE Head Lamp THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 28: New Product HONDA CLICK 125 Head Lamp
New Product HONDA CLICK 125 Head Lamp THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Slide 29: Disclaimer
Disclaimer This slides contain statements that constitute forward-looking statements, plans for the Future, management targets, etc. relating to the Company and its subsidiaries. These forward-looking statements are base on current assumptions of future events and trends , which may be incorrect and
Slide 30: Contact Investor Relations
Contact Investor Relations Download : The presentation files at www.thaistanley.com/Investor Relations/Analyst Meeting Presentation For further questions, please contact : Ms.Rattanaporn Boonwong : Investor Relations Tel : 662-581-5462-3 (10 lines) ext. 1164 Fax: 662-581-5397 E-mail : rattanaporn@st
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