P.C.S. Machine Group Holding Public Company Ltd · SET:PCSGH
P.C.S. Machine Group Holding Public — FY2017 Earnings Presentation
22 slides from P.C.S. Machine Group Holding Public's earnings presentation, Feb 26, 2018
Slide 1: Business Briefing FY 2017
Business Briefing FY 2017 As at 31st December 2017 Disclosed date : 26th February 2018 www.PCSGH.com | IR@PCSGH.com
Slide 2: P.C.S. Precision Works Co., Ltd. – PCW
P.C.S. Precision Works Co., Ltd. – PCW More Than 1,700 machines Products : >200 part number 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 Gear Hon
Slide 3: P.C.S. Die Casting Co., Ltd. – PCD
P.C.S. Die Casting Co., Ltd. – PCD 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 64 Units C
Slide 4: P.C.S. Forging Co., Ltd. – PCF
P.C.S. Forging Co., Ltd. – PCF Forging Machine 8 Units 6,000 Ton 1 Unit 4,000 Ton 1 Unit • Maximum Mold Size: 2,500 Ton 2 Units 2,500 x 2,500 x 1,500 mm. 1,600 Ton 2 Units • Component Size Range: 1.000 Ton 1 Unit 0.17 kg. – 40 kg. Mold Design & Making Forging Design & Simulation 700 Ton 1 Unit Produ
Slide 5: Products – Power Train System
Products – Power Train System Transmission Final Drive Engine Chassis www.PCSGH.com | IR@PCSGH.com 5
Slide 6: Value Customers
Value Customers Passenger Pickup – OEM Big Bike Big Truck Pickup – Tier I Non-Auto www.PCSGH.com | IR@PCSGH.com 6
Slide 7: Thailand Automotive Industry Updates
Thailand Automotive Industry Updates Sales During Motor Show / Motor Expo Vehicle Production + 22.9% Y-Y + 2.3% Y-Y 42.8 1.94 1.99 39.8 1.88 1.91 39.4 39.1 37.0 32.6 32.4 31.0 1.11 1.12 1.10 1.13 2014 2015 2016 2017 2014 2015 2016 2017 Motor Show Motor Expo Total Vehicle 1-Ton Pickup www.PCSGH.com |
Slide 8: Thailand Automotive Industry Updates
Thailand Automotive Industry Updates Total Vehicles 1 – Ton Pickup 2.46 + 2.3% Y-Y + 2.5% Y-Y 1.11 1.12 1.10 1.13 1.91 1.94 1.99 1.88 1.33 1.13 1.13 1.20 1.19 1.14 0.88 0.80 0.87 0.42 0.42 0.77 0.40 0.39 2013 2014 2015 2016 2017 2014 2015 2016 2017 Production Export Domestic Sales Production Domesti
Slide 9: Sales Performance
Sales Performance Sales 2016 – 2017 (mil. THB) Sales 2014 – 2017 (mil. THB) - 6.1% Q – Q 7.8% Y – Y 5.9% Y – Y 1,055.3 1,033.9 970.9 986.9 935.8 4,092.3 885.5 865.5 901.0 4,013.9 3,927.5 3,707.3 2014 2015 2016 2017 www.PCSGH.com | IR@PCSGH.com 9
Slide 10: Sales by BU FY2017
Sales by BU FY2017 PCF 0.4% PCD 35.9% PCW 63.7% www.PCSGH.com | IR@PCSGH.com 10
Slide 11: Sales by Segment FY2017
Sales by Segment FY2017 Non Pickup 2.9% Pickup 97.1% www.PCSGH.com | IR@PCSGH.com 11
Slide 12: Sales by Category FY2017
Sales by Category FY2017 Non-Engine 3.9% Engine 96.1% www.PCSGH.com | IR@PCSGH.com 12
Slide 13: Sales by End-Customer FY2017
Sales by End-Customer FY2017 Others GM 5.0% 6.7% Mitsubishi Nissan 24.7% 10.2% Toyota 10.9% Ford/Mazda 24.0% Isuzu 18.6% www.PCSGH.com | IR@PCSGH.com 13
Slide 14: Gross Profit Margin Bridge Y – Y
Gross Profit Margin Bridge Y – Y Q4 (in % of Sales) FY (in % of Sales) 3.9% 2.8% 0.1% 1.4% 1.3% 3.0% 0.8% 0.2% 0.6% 2.0% 19.6% 19.4% 19.8% 13.9% www.PCSGH.com | IR@PCSGH.com 14
Slide 15: Performance : Net Profit
Performance : Net Profit Net Profit 2016 – 2017 (mil. THB) Net Profit 2014 – 2017 (mil. THB) - 6.7% Q – Q 11.5% Y – Y 67.9% Y – Y 160.7 170.8 159.3 142.9 150.6 717.2 129.6 641.5 541.7 382.1 60.4 49.1 2014 2015 2016 2017 www.PCSGH.com | IR@PCSGH.com 15
Slide 16: Performance : EBITDA
Performance : EBITDA EBITDA 2016 – 2017 (mil. THB) EBITDA 2014 – 2017 (mil. THB) - 5.2% Q – Q - 2.3% Y – Y 20.2% Y – Y 266.6 280.1 281.7 276.8 288.8 273.6 1,278.0 1,141.5 1,120.9 186.6 199.4 932.7 2014 2015 2016 2017 www.PCSGH.com | IR@PCSGH.com 16
Slide 17: Financial Statement
Financial Statement Statement of Financial Position (mil.THB) Statement of Cash Flow (mil.THB) Liabilities 446.4 Net Cash Flow 1,497.9 Financing 427.0 Assets Investing Equities 343.4 5,544.0 5,097.6 Operating 1,205.8 Previous Balance 1,062.5 Balance Cash In Flow Cash Out Flow www.PCSGH.com | IR@PCSG
Slide 18: Financial Ratio
Financial Ratio EPS (THB/Share) Q4.2017 Q3.2017 Q4.2016 2.6% Q–Q 0.2% -0.1% Q–Q 0.42 0.41 67.9% Y–Y 4.8% Q–Q 5.0% Y–Y Y – Y 12.9% 12.9% 12.1% 12.0% 0.25 7.8% 7.3% Q4.2017 Q3.2017 Q4.2016 ROA ROE www.PCSGH.com | IR@PCSGH.com 18
Slide 19: Events in FY2017
Events in FY2017 Q2.2017 • Increase 2 Directors to be 11 Board Q4.2017 Members • CG Score from IOD & SET for 4 Q3.2017 Logos • Certified by CAC • Thailand Sustainability Investment 2017 (THSI) for the 2nd year • All 4 companies Rewarded at National Level for the Excellence of • Awarded the 2,000 mil
Slide 20: Oversea Investment Update
Oversea Investment Update Remarks -G: Germany Anticipated Synergy Creation -HU: Hungary • All Assets are in Very Good Condition and in use PCSGH • Ease to improve – Same Process (Precision Machining, Die Casting) • High Potential Products (Parts of Turbo PCW PCD PCF PCSGH GmbH Charger / Super Charge
Slide 21: Outlook
Outlook Awarded Program Life Application • AGM: 27th Apr 2018 Starting Value (years) (P/N = Part Number) (milTHB) • Time: 14:00 • Place: Suranaree A Rm; The Imperial Passenger (3 P/N) Hotel & Convention Center Korat 2018 Q1 1,200 4–8 Non Auto (4 P/N) • XM: 12th Mar 2018 Pickup (1 P/N) Passenger (1 P
Slide 22: Thank You
Thank You www.PCSGH.com | IR@PCSGH.com 22
P.C.S. Machine Group Holding Public Company — FY2017 Earnings Presentation on 6ix