P.C.S. Machine Group Holding Public Company Ltd · SET:PCSGH
P.C.S. Machine Group Holding Public — Q4 2016 Earnings Presentation
18 slides from P.C.S. Machine Group Holding Public's earnings presentation, Mar 9, 2017
Slide 1: Business Briefing Q4-2016
BusinessBriefingQ4–2016 As at 31st December 2016 Discloseddate:28thFebruary2017 www.PCSGH.com IR@pcsholding.com
Slide 2: Corporate Structure & Location
CorporateStructure&Location CompanyProfile P.C.S. Precision Works Co., Ltd. (PCW) Land Area 115,692 m2 Building Area 72,621 m2 Employee (1 Jan 17) st 1,314 people Japanese 1 person P.C.S.DieCastingCo.,Ltd.(PCD) LandArea 2 Mitraphap Rd. 78,260m km-129 2 BuildingArea 32,074m st Employee(1Jan17) 569peo
Slide 3: P.C.S. Precision Works Co., Ltd. – PCW
P.C.S.PrecisionWorksCo.,Ltd.–PCW CompanyProfile More Than 1,700 machines Products:>200partnumber Turning 300 Units Machine Center 300 Unit Grinding Center 150 Unit Gear Generator 28 Unit Gear Shaving 14 Units Gear Grinding 2 Units Gear Honing 6 Units Heat Treatment 8 Units Turning Center Machine Gea
Slide 4: P.C.S. Die Casting Co., Ltd. – PCD
P.C.S.DieCastingCo.,Ltd.–PCD CompanyProfile High Pressure Die Casting (HPDC) 18 Units • Products 2,500 Ton 6 Units 1,850 Ton 1 Unit • Maximum Die Size: 1,800 x 1,800 x 1,500 mm. 1,650 Ton 1 Unit • Component Size 900 Ton 5 Units Range: 0.1 kg. – 20 kg. 350 Ton 6 Units Machine Center 198 Units Robot 6
Slide 5: P.C.S. Forging Co., Ltd. – PCF
P.C.S.ForgingCo.,Ltd.–PCF CompanyProfile Hot Forging Machine 8 Units 6,000 Ton 1 Unit 4,000 Ton 1 Unit • Maximum Mold Size: 2,500 x 2,500 x 1,500 2,500 Ton 2 Units mm. 1,600 Ton 2 Units • Component Size Range: 1.000 Ton 1 Unit 0.17 kg. – 40 kg. 700 Ton 1 Unit Mold Design & Making Forging Design & Si
Slide 6: Products: Metal Works | Parts for Power Train System
Products:MetalWorks|PartsforPowerTrainSystem CompanyProfile Engine FinalDrive Chassis Transmission AllRightsReserved.-www.pcsgh.com|ir@pcsholding.com 6
Slide 7: Value Customers
ValueCustomers CompanyProfile PassengerVehicle BigBike BigTruck NonAutomotive AllRightsReserved.-www.pcsgh.com|ir@pcsholding.com 7
Slide 8: ASEAN Automotive Industry FY2016
ASEANAutomotiveIndustryFY2016 IndustryOverview Vehicle Sales (mn units) Vehicle Production (mn units) Y-Y Y-Y Y-Y Y-Y Y-Y Y-Y Y-Y Y-Y Y-Y Y-Y Y-Y Y-Y 4.8% -3.9% -13.0% 24.6% 29.4% 40.5% -8.0% 1.6% 7.2% -11.3% 37.5% 18.3% 1.94 Passenger Vehicles 0.81 1.18 1.06 0.77 0.58 Commercial 0.97 0.55 Vehicles
Slide 9: Thailand Automotive Industry
ThailandAutomotiveIndustry IndustryOverview Production 13.0% -13.6% -5.9% -3.9% -3.2% -2.8% Other QoQ YoY QoQ YoY QoQ YoY P-Car 212,263 287,789 467,681 (Units) (Units) (Units) 4Q2016 4Q2016 4Q2016 1-Ton Export Domestic Production 1Q2015 2Q2015 3Q2015 4Q2015 1Q2016 2Q2016 3Q2016 4Q2016 Category Forec
Slide 10: Pickup Base Vehicles Industry
PickupBaseVehiclesIndustry IndustryOverview Production Q-Q 4.64% 23.6% -14.5% 4.64% -9.98% QoQ YoY Y-Y -9.98% QoQ YoY 111,408 265,875 (Units) (Units) PPV 4Q2016 4Q2016 Domestic Double Cap Production -0.71% -1.17% YoY YoY 394,067 (Units) Pickup 1,102,807 (Units) FY2016 FY2016 1Q2015 2Q2015 3Q2015 4Q2
Slide 11: Sales Performance
SalesPerformance BusinessOverview Mitsubishi 27.6% Ford/Mazda 4.1% -3.3% 20.7% FY2016 Isuzu QoQ YoY 19.8% 901.0 Toyota 12.1% 5.41% GM (mnTHB) 10.0% FY2016 4Q2016 Nissan 0 30 6.2% Non Engine’s Other Part 3.7% PCF 0.7% 0.63% PCD 31.9% PCW 67.4% 2.2% 0 5 3,707.2 0 25 (mnTHB) -9.4% FY2016 YoY FY2016 FY2
Slide 12: Profitability
Profitability BusinessOverview 4Q2016(mnTHB) GrossProfit 174.4 7.72% QoQ 8.88% YoY 8.79% QoQ 8.76% YoY 7.93% QoQ 7.87% YoY NetProfit 142.9 19.4% 15.7% 30.8% 4Q2016 4Q2016 4Q2016 0 30 0 30 0 30 EBITDA Gross Profit Net Profit 280.1 Margin Margin EBITDA Margin FY2016(mnTHB) GrossProfit -2.35% YoY -2.86
Slide 13: Cost Breakdown
CostBreakdown BusinessOverview -7.72% -8.88% QoQ YoY 13.5% 40.2% 80.6% 0 -1.05% QoQ -2.26% YoY 20 -0.44% 0 QoQ 1.01% YoY 50 4Q2016 0 100 Depreciation Raw Material COGS -0.24% 0.52% Employee Aux/Gen Material QoQ YoY 20 0 0 20 -2.2% -2.4% 4.7% -2.17% QoQ -1.96% YoY QoQ YoY 0 4Q2016 10 14.5% 7.5% SG&A
Slide 14: Financial Ratio
FinancialRatio BusinessOverview Statement of Financial Position Liabilities 309.1 7.31% 0 15 0.25 ROA D/E Ratio THB per share ROE 0.06 0 0.50 15 0 EPS 7.83% Assets Equities 5,193.2 4,884.1 AllRightsReserved.-www.pcsgh.com|ir@pcsholding.com 14
Slide 15: Solar PV Rooftop 5MWdc project of PCW
SolarPVRooftop5MWdcprojectofPCW ProjectOverview Estimated Reduction >3,500tonCO2 per year Specific Information Simulated Saving • Capacity 6,780MWh/year Actual Saving • Rooftop : 8Buildings • PV Module : 19,200modules • Invertor : 160packs • Saving : THB20–25mn/year Trial • Investment : THB175mn Jan
Slide 16: Industry & Business Outlook
Industry&BusinessOutlook Outlook • Industry Awarded Program Life Application • The ending of 5 years hold condition of the 1st car buyer tax Starting Value (years) (P/N = Part Number) exemptions scheme (mnTHB) • Office of Agricultural Economics forecast the growth of Gross Agricultural Products for
Slide 17: Shareholders' Benefit
Shareholders’Benefit Outlook AllRightsReserved.-www.pcsgh.com|ir@pcsholding.com 17
Slide 18: Thank you
Thankyou AllRightsReserved.-www.pcsgh.com|ir@pcsholding.com 18
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