Sam Engineering & Equipment (m) Bhd · MYX:SAM
Sam Engineering & Equipment (m) Bhd — Corporate Update (May 2023)
25 slides from Sam Engineering & Equipment (m) Bhd's corporate update, May 25, 2023
Slide 1: Business Update 25th May 2023
Business Update 25th May 2023 Safe Harbour The information contained in this presentation reflect the views and opinions of the management of SAM Engineering & Equipment (M) Berhad (“SAMEE”) with regard to the sources referenced and is part of the group business update. All sources of information ar
Slide 2: Overview Re-cap
Overview Re-cap Proprietary Information of SAM 2
Slide 3: SAM Engineering and Equipment ("SAMEE")
SAM Engineering and Equipment (“SAMEE”) SAMEE Group FY23 Revenue : RM 1.45B Total workforce > 2,000 Proprietary Information of SAM 3
Slide 4: Vertical Integration Model
Equipment Business Small/Med Machining PCBA/Wire Harness Vertical Integration Model Large Machining Integration, Assembly & Test Frame/Panel PRODUCTION FLOOR –Class 1k & 10k Clean Room Assembly OEM Component Proprietary Information of SAM
Slide 5: Aerospace Business
Aerospace Business Nacelle Beam Engine Nacelle (Covering for engine) Engine Cases Proprietary Information of SAM
Slide 6: SAMEE Factory locations
SAMEE Factory locations Malaysia Singapore Thailand Special Process Equipment Integration Machining Equipment Integration Sheet Metal Fab Machining Machining Machining Equipment Integration & Machining SAMEE Corporate Machining Proprietary Information of SAM 6
Slide 7: Rojana Factories, Ayutthaya
Rojana Factories, Ayutthaya Factory 2 – Sheet-Metal fabrication Moving into mass production in 2H 2023 Thailand Factory 1 - Integration Sheet-metal fab Fabrication Proprietary Information of SAM 77
Slide 8: Ban Bueng Factories, Chon Buri
Ban Bueng Factories, Chon Buri Factory 1 – Equipment Manufacturing Thailand Getting ready for mass production 2H 2023 Proprietary Information of SAM 88
Slide 9: Financial Highlights
Financial Highlights Proprietary Information of SAM 9
Slide 10: Revenue Growth
Revenue Growth RM’ Mil Record Year: FY23 1,445 1,400 1,200 CAGR (2007 to 2023) : 15% 1,148 1,000 939 COVID 874 800 755 620 619 600 531 537 453 452 383 400 303 308 179 214 200 0 FY2007 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 Revenue Not
Slide 11: Financial Highlights
Financial Highlights Revenue Profit Before Tax CAGR = 15% CAGR = 9% RM’ mil RM’ mil ↑14% ↑26% 1,445.4 115.0 100.5 99.7 81.8 94.8 1,147.6 72.6 938.7 873.7 49.2 62.3 1,116.3 755.0 33.3 104.0 112.1 116.9 619.0 489.1 895.8 295.4 248.4 701.8 39.3 45.6 37.4 459.6 449.6 -11.6 -1.9 370.6 329.1 -22.2 251.8 1
Slide 12: Financial Highlights
Financial Highlights Profit For The Year Basic Earnings Per Share RM’ mil Sen 16.41 ↑18% 88.8 14.52 14.76 78.5 79.8 13.94 75.5 12.02 62.9 11.04 59.7 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 12 Proprietary Information of SAM
Slide 13: Financial Highlights
Financial Highlights Return On Equity Net Gearing 0.56 15.6% Investment in 13.7% 13.9% Thailand & higher working capital 11.4% 11.8% requirement 9.7% 0.26 0.14 0.11 0.12 Net Cash FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 13 Proprietary Information of SAM
Slide 14: Headwinds/Noises
Headwinds/Noises Proprietary Information of SAM 14
Slide 15: Turbulent Times
Turbulent Times Risk of aggressive rate hikes triggering a recession Russia-Ukraine Conflict US Regional Bank Stress US/ China Rivalry Blocs Proprietary Information of SAM
Slide 16: Removing the Noise
Removing the Noise Demand trend for semiconductor chips Source : WSTS and SIA Analysis Proprietary Information of SAM
Slide 17: Ready for recovery expected in 2024
Ready for recovery expected in 2024 SEMI (12 April 2023) Global sales of fab equipment • Hit record high of USD 98B in 2022 • Forecasted to hit USD 76B in 2023 before rebounding to USD 92B in 2024 Proprietary Information of SAM 17
Slide 18: Semicon Industry expected to hit $1T by 2030
Semicon Industry expected to hit $1T by 2030 Global Megatrend shaping the connected world (1st April 2022) Proprietary Information of SAM 18
Slide 19: Sign of Memory Chip Market Recovery
Sign of Memory Chip Market Recovery Proprietary Information of SAM 19
Slide 20: Removing the Noise for Air Travel
Removing the Noise for Air Travel Proprietary Information of SAM 20
Slide 21: End to Pandemic
End to Pandemic Source: IISD Proprietary Information of SAM 21
Slide 22: Rapid Recovery for Air Travel Except from Asia
Rapid Recovery for Air Travel Except from Asia Proprietary Information of SAM 22
Slide 23: Air Travel Expected to Return to Pre-COVID level
Air Travel Expected to Return to Pre-COVID level Pre-COVID Proprietary Information of SAM 23
Slide 24: Summary
Summary 1. Air travel is firmly on recovery mode and expect to reach pre-COVID level in 2024/25 2. Our Thailand factories will be ready when semiconductor equipment business recovers in 2024 • 3 out of 4 factories in Thailand are scheduled to be in mass production by 2H 2023 3. Positioning our Thail
Slide 25: Thank You
Thank You Proprietary Information of SAM 25
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