Sam Engineering & Equipment (m) Bhd · MYX:SAM
Sam Engineering & Equipment (m) Bhd — Corporate Update (September 2020)
18 slides from Sam Engineering & Equipment (m) Bhd's corporate update, Sep 2, 2020
Slide 1: Business Update
SAM Engineering & Equipment (M) Berhad Business Update 2nd September 2020 Proprietary information of SAM, all rights reserved Proprietary Information of SAM 1
Slide 2: Disclaimer
Disclaimer 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 are believed to be factual and cur
Slide 3: Our Business
Our Business FY2020 Revenue ( Business Segment ) RM939mil 48% 52% Proprietary Information of SAM 3
Slide 4: Highlights of FY2020 Financials
Highlights of FY2020 Financials 5-year CAGR : 10.9% 5-year CAGR : 6.1% Equity attributable to owners of the Company : RM 610 mil Net Debt to Equity ratio : 0.1 Proprietary Information of SAM 4
Slide 5: Highlights of 1Q FY2021 Financials
Highlights of 1Q FY2021 Financials Revenue & Profit Before Tax RM’ mil § Performance affected by COVID-19 FY2021 1st Quarter Results 180 171 § Reduction in demand for 160 Aerospace products 140 131.5 120 § Equipment segment affected 100 by Malaysia MCO 80 60 39.5 § Order backlog is RM 2.4 Billion 40
Slide 6: Key Industries for Equipment Business
Key Industries for Equipment Business Semiconductor FY2020 Revenue ( Business Segment ) • Front End • Back End Aerospace 48% 52% Equipment Storage Devices • Solid State Drive • Hard Disk Drive Proprietary Information of SAM 6
Slide 7: Equipment Outlook
Equipment Outlook SEMI (July 2020) projected: • Global revenue of Semiconductor equipment to increase 6% ($63.2 billion) in 2020 • Record high revenue of ~$70 billion in 2021 $69.6B $64.5B $63.2B 11% $59.6B 6% Proprietary Information of SAM 7
Slide 8: Equipment Outlook
Equipment Outlook SAMEE continues its expansion to support existing and new projects New manufacturing equipment Cleanroom expansion Proprietary Information of SAM 8
Slide 9: Aerospace Products and Programs
Aerospace Products and Programs Aerostructure Aero-Engine (Small to Large Size) • A320ceo/neo • B737NG/max • A220 • B777 • A320neo • B787 > 2 meter • A350 • B787 • C919 • Global 7500/8000 Single Aisle Twin Aisle Business Jet A220 777 A320neo C919 Proprietary Information of SAM 9
Slide 10: Boeing 737Max Status
Boeing 737Max Status B737 Max crashes (Lion Air JT610 and Ethiopian Airlines ET 302) resulted in planes grounding by FAA • Mar 2019 B737 Max grounded by Federal Aviation Administration (FAA) • Apr 2019 Boeing announced production rate cut to 42 aircraft monthly (-20%) • Dec 2020 Boeing announced pro
Slide 11: Aerospace Outlook
Aerospace Outlook Source: Teal Group (COVID-19 & Civil Aviation Markets Report, August 2020 edition) Single Aisles A220/ A320neo/ B737Max Twin Aisles A350/ B777/B787 __________ Teal Group, an US based aerospace and defence market analysis firm. It provides competitive intelligence to industry and go
Slide 12: Deliveries in 2020 $Billions
Projection of Commercial aircraft deliveries 90 1 Deliveries dip 40 - 50% in 2020 Pre- 80 COVID 19 2 Recovery from 2021, led by Deliveries in 2020 $Billions 70 Single Aisles (A320neo, B737max) 60 4 3 Recovery of Twin Aisles will 50 2 take a longer time 40 4 Overall deliveries expected to 30 recover
Slide 13: Actual flights made by Global Airlines
Actual flights made by Global Airlines Source: ICAO, August report Proprietary Information of SAM 13
Slide 14: Actual flights in Europe
Actual flights in Europe Source: ICAO, August report Proprietary Information of SAM 14
Slide 15: Domestic air travel in China
Domestic air travel in China Source: ICAO, August report Proprietary Information of SAM 15
Slide 16: Domestic air travel in US
Domestic air travel in US Source: ICAO, August report Proprietary Information of SAM 16
Slide 17: Managing the crisis – Key Priorities
Managing the crisis – Key Priorities • Push out raw materials where possible Conserve • Only committed and necessary CAPEX are spent Cash • Financial support from governments • Implemented management pay cuts (5-10%) Reduce • Freeze Hiring, wage freeze, no over-time Operating • 4-day work week for A
Slide 18: Thank You
Thank You Proprietary Information of SAM 18
SAM Engineering & Equipment (M) Berhad — Corporate Update (September 2020) on 6ix