P.C.S. Machine Group Holding Public Company Ltd · SET:PCSGH
P.C.S. Machine Group Holding Public — FY2020 Earnings Presentation
34 slides from P.C.S. Machine Group Holding Public's earnings presentation, Apr 7, 2021
Slide 1: PCSGH Opportunity Day
PCSGH Opportunity Day FY2020 : 7 April 2021
Slide 2: Agenda
Agenda 01 Company Overview 02 Automotive Industry Overview 03 Financial Performance 04 Strategy & Direction
Slide 3: Company Structure
Company Structure nsounsosulseufiaen 79.86 % Uforusiwdou 20.14 % uSGn W.8.10a. uuu nu leat sain (uKiwu) (PCSGH) P.C.S. Machine Group Holding GmbH (PHG) 100 % P.C.S. Precision Works Hennef GmbH (PWH) 100 % P.C.S. Precision Works Germany GmbH (PWG) 100 % Holding Hungary (PHK) 100 % P.C.S. Machine Grou
Slide 4: Global Locations
Global Locations Country Country PWG : Cunewalde PCSGH :Thailand Germany 03 04 02 Country 01 Country PWG : Hennef Germany PWK : Hungary P.C.S. Machine Group P.C.S. Precision Works P.C.S. Precision Works P.C.S. Precision Works Kft. Holding PCL (Thailand) Germany GmbH. (PWG) Hennef GmbH. (PWH) (PWK) T
Slide 5: P.C.S. Machine Group Holding PCL (Factory 1)
P.C.S. Machine Group Holding PCL Nakorn-Rajchasima, Thailand (Factory 1) General Profile Manufacturing Focus Precision Machines • Machining Cast and Forged Turning Center Parts (Steel/Iron) 250 Units Machine Center 250 Units Employees: 2,000 Grinding Machine 88 Units Area: 116,000 m² Gear Generator
Slide 6: P.C.S. Machine Group Holding PCL (Factory 2)
P.C.S. Machine Group Holding PCL Nakorn-Rajchasima, Thailand (Factory 2) General Profile Manufacturing Focus HPDC Machines • Aluminium Parts (0.1 kg-20 kg) 2,500 Ton 6 Units 1,850 Ton 1 Units Area: 36,912 m² 1,650 Ton 1 Units Key Products 900 Ton 7 Units • Timing Gear Housing 560 Ton 2 Units • Front
Slide 7: P.C.S. Machine Group Holding PCL (Factory 3)
P.C.S. Machine Group Holding PCL Nakorn-Rajchasima, Thailand (Factory 3) General Profile Manufacturing Focus Hot Forging Machines • Hot Forged Steel & Aluminium Parts (0.1kg-30kg) 6,000 Ton 1 Unit 4,000 Ton 1 Unit Area: 28,240 m² 2,500 Ton 2 Units Key Products 1,600 Ton 2 Units • Common Rail 1,000 T
Slide 8: P.C.S. Precision Works Germany GmbH
P.C.S. Precision Works Germany GmbH. Cunewalde, Germany. General Profile Manufacturing Focus Precision Machines • Machining & Assembly of Cast and Forged Parts Turning Center (Steel/Iron/Aluminium) Machining Center Employees: 220 Hardening Device Area: 9,000 m² Deburring Device Robots Key Products •
Slide 9: P.C.S. Precision Works Hennef GmbH
P.C.S. Precision Works Hennef GmbH. Hennef, Germany. General Profile Manufacturing Focus Manufacturing Systems • Machining Cast Parts (Steel/Iron/Aluminium) Machining Center 70 Units Employees: 120 Turning Center 20 Units Robots 8 Units Area: 13,500 m² Factory: 8,000 m² Capabilities Key Products • 2
Slide 10: P.C.S. Precision Works Kft.
P.C.S. Precision Works Kft. Tiszaújváros, Hungary General Profile Manufacturing Focus • Machining Cast and Forged Precision Machines Parts (Steel/Iron/Aluminium) Machining Center 9 Units Employees: 30 Cleaning Device 1 Unit CMM 1 Unit Area: 1,800 m² Key Products • Transmission Housings • Clutch Hous
Slide 11: Product Range
Product Range Capabilities from ICE to Bev
Slide 12: Customer
Customer Supplying Global Automotive Companies
Slide 13: Thailand Automotive Industry
Thailand Automotive Industry First car campaign Covid - 19 Domestic Car Sales (1,000 Units) 000 2,454 2,457 500 Flood -29% Y2019 Y2020 +/(-)% 2,168 1,989 2,014 000 1,880 1,913 1,944 +5% 1,645 1-Ton 492.12 409.46 (16.80) 500 1,458 1,427 1,500 Pick up 999 Passenger 000 398.38 274.79 (31.02) Car 500 Ot
Slide 14: Financial Highlights
Financial Highlights Changes Description Y2020 Y2019 (%) Sales Revenue 3,813.5 5,231.7 -27.1% • Total Sales decreased due to - Local Business 2,431.2 3,570.3 -31.9% Covid-19 pandemic in 2020 but gradually improving - Overseas Business 1,382.3 1,661.4 -16.8% • Gross Profit Margin was largely Total Re
Slide 15: Sales Revenue 2020
Sales Revenue 2020 Sales Revenue by Geographic (%) Consolidated Income Statement Local Overseas 63.8% Sales Revenue by Years 36.2% (THB Million) Local Overseas - 28.6 % sale Revenue 5,586 5800 Sales Revenue by Quarter 5,232 (THB Million) 4800 4,092 3,814 1400 3,927 1143.6 3,707 1262.9 3800 1200 906
Slide 16: Cost of Goods Sold 2020
Cost of Goods Sold 2020 Cost of Goods Sold Ratio to Sales (%) Local Business 50 Overseas Business 40 35.5 45 Total 35 40 30 35 25 30 19.6 25 20 20 12.2 15 15 6.2 7.4 10 10 5 5 1.0 0 0
Slide 17: Gross Profit 2020
Gross Profit 2020 Consolidated Income Statement Gross Profit by Years Ratio to Sales (THB Million) % + / (-) - 26.7 % +0.1 % 858.0 50 25 1,000 770.0 753.0 19.6 666.0 40 20 800 16.3 551.8 15.4 14.4 14.5 516.0 30 13.9 15 600 500 20 10 400 200 10 5 0 0 0 0 2015 2016 2017 2018 2019 2020 2015 2016 2017 2
Slide 18: Selling, General and Administrative Expenses (SG&A)
Selling, General and Administrative Expenses (SG&A) Ratio to Sales % + / (-) 20 40 SG&A by Years 9.0 11.3 15 8.2 10 (THB Million) 20 4.0 4.0 4.0 5 0 0 1,000 900 2015 2016 2017 2018 2019 2020 797 747 800 Local Business Overseas Business Total 800 700 288 600 Special Expenses 600 288 449.4 (THB Millio
Slide 19: EBITDA
EBITDA EBITDA by Years Ratio to Sales (THB Million) % + / (-) 1400 1,141.5 1,121.0 1250 1200 932.7 1050 80 27.9 28.5 30 931.0 1000 815.5 850 25 800 666.0 60 21.4 650 20 600 40 16.7 450 13.9 12.7 15 400 250 20 200 10 0 50 0 5 -200 -150 2015 2016 2017 2018 2019 2020 -20 0 2015 2016 2017 2018 2019 2020
Slide 20: Net Profit
Net Profit Net Profit by Years Ratio to Sales (THB Million) % + / (-) 641 237.1 % 1,000 541 600 800 50 16.3 20 382 359 13.2 400 40 10.3 15 600 253 45.4% 6.4 6.7 10 30 400 75 200 1.4 5 641 20 541 533 0 200 382 421.8 10 290 0 13.2 16.3 17.3 -5 10.3 12.2 8.1 0 0 -10 -175 -215 -168.4 -200 -14.2 -12.9 -1
Slide 21: Balance Sheet & CF Statement
Balance Sheet & CF Statement Statement of Financial Position Cash Flow Statement (THB Million) (THB Million) Ratio Liabilities to Equity : 0.21 % Investing Liabilities 1,006 Operating 558 Financing Assets 961 235 5,738 Shareholders'equity Cash Equivalents Cash on hand 4,733 703 803
Slide 22: Dividend Payments
Dividend Payments Dividend Payments (THB per Share) DPS % 97.71 • Dividend Policy at a minimum rate of 0.80 92.79 92.02 90.37 100 90 50% of net profit after tax and legal 78.21 71.77 80 reserve 0.60 70 • Dividend payment from the operating 49.21 60 result of the Company for year 2020, 0.40 50 from 1
Slide 23: Solar Energy Project Y2020
Solar Energy Project (Factory Building & Car Park : 8 MWdc.) Electric Power Production and Electricity Saving (THB million) (Gigawatt hours) 12 44.4 42.2 45 40 Y2020 10 4.00 35 8 27.8 28.3 4.02 30 Total Electric Power Production 25 6 4 17.4 20 15 10.29 Gw-h. 6.70 6.80 6.80 6.27 10 2 4.20 5 0 2016/Q2
Slide 24: Strategies and Directions
Strategies and Directions Auto parts industry so far has curbed by the COVID-19 pandemic impact to lots of business slowdown and there are many business close down also The trade war between the US and China is heating up. Risk and vulnerability of political in Thailand. The discrepancy of e
Slide 25: Strategies and Directions: Competitive Advantage Enhancement
Competitive Advantage Enhancement ICE Parts • Manage customers retention – JPN • Produce auto parts which can and EU. motivate to EV parts • Work through customer acquisition strategy • Invest Carefully by expanding market and production capacity to support china brands. EV Parts • Expand aluminum d
Slide 26: Strategies and Directions: EV Sales Volume 2013-2025
Strategies and Directions EV Sales Volume 2013 - 2025 Ratio to Sales (%) Non-EV EV-Overseas EV-TH 120% 100% 1 1 5 10 24 19 18 18 80% 32 27 22 22 22 23 23 60% 40% 85 70 66 64 47 57 56 48 20% 0% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Co nte Current Model New Model nts
Slide 27: Strategies: Smart Factory
Strategies : Smart Factory Auto Confirm System Automation System Real Time Information Machine Network Diagram Smart Factory 3D Scanning Machine QR Code Data Matrix
Slide 28: Automation System
Automation System Robot Units 100 400 353 350 315 80 Robot Accumulate 275 300 235 250 60 185 200 109 153 40 123 133 150 74 110 117 50 100 48 20 37 35 40 40 38 32 26 50 10 11 20 6 10 6 4 1 1 7 6 0 0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Slide 29: Revenue/Direct Labor Headcount (Thailand)
Revenue/Direct Labor Headcount (Thailand) Sales Revenue per Director Labor (THB Million/Head) 2,500 3.24 3.5 3.03 2.86 2.84 2.87 3 2,000 2.55 2.64 2.55 2.5 2.14 1,500 2 1.5 1,000 1 500 0.5 0 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 Direct Labour Sale/Headcount
Slide 30: Information System
Information SAP – CO-PA Module Now status at 85% because after go-live we have found System a problem and consultant is working on solving the problem. Auto Confirm System & SCADA This project support by Maintenance Department Infrastructure System Upgrade Storage for Backup Server Upgrade complete
Slide 31: Smart Factory: Network Diagram
31 Smart Factory : Network Diagram
Slide 32: Real time information by monitoring machine status signal tower light
32 Real time information by monitoring machine status signal tower light
Slide 33: Progress Report (March 2021)
33 Progress Report (March 2021) Application, Dashboard and ERP interface Manufacturing Data and Process Management On going Database Management System (DBMS) Machine status via Wi-Fi Done
Slide 34: Progress Report (March 2021), At model production line
34 Progress Report (March 2021), At model production line The control board to connect with 6 machines at model line has done. Created Wi-Fi communication platform to demonstrate machine status monitoring on the website via internet. The control board can send message to Line Group.
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