Sam Engineering & Equipment (m) Bhd · MYX:SAM
Sam Engineering & Equipment (m) Bhd — Q3 FY2025 Earnings Presentation
19 slides from Sam Engineering & Equipment (m) Bhd's earnings presentation, Feb 21, 2025
Slide 1: Q3FY2025 Investors' Briefing
SAM Engineering & Equipment (M) Berhad (SAMEE) Q3FY2025 Investors’ Briefing February 21, 2025 Proprietary Information of SAM 1
Slide 2: Agenda
AGENDA 1. Business Outlook 2. Operations Update 3. Financial for Q3FY2025 4. Q&A Proprietary Information of SAM 2
Slide 3: Safe Harbour
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 are believed to be factual and c
Slide 4: Business Outlook
BUSINESS OUTLOOK Proprietary Information of SAM 4
Slide 5: Aerospace Market Update
Aerospace Market Update The Aircraft Order Backlog Remains Strong 16,000 14,814 14,885 14,741 14,946 14,903 13,546 13,775 14,000 12,530 12,759 12,610 12,209 12,152 12,000 6,259 6,197 6245 6,216 6,156 5,579 5,783 10,000 5,236 5,430 5,356 5,186 5,106 8,000 6,000 4,000 8,598 8,626 8,585 8,749 8658 7,32
Slide 6: Aerospace Market Outlook
Aerospace Market Outlook Airbus and Boeing Forecast Delivery Plan 2500 Actual Deliveries Forecast Deliveries 2,114 2,152 2,100 2,153 2,015 2,018 2,024 2000 1,849 1,606 1,579 959 972 924 972 877 907 940 1500 765 1,243 1,263 1,262 806 1,141 1,114 649 380 951 491 1000 528 480 348 723 340 157 1,190 1,19
Slide 7: Update on Boeing B737max
Update on Boeing B737max ▪ Boeing delivered 36 B737max aircraft in Q4 2024 ▪ Boeing plans to increase production rate to 38 aircraft a month ▪ SAMEE impacted by delivery pushout ▪ SAMEE B737max exposure less than 10% of total aerospace business Proprietary Information of SAM 7
Slide 8: Summary on Aerospace Market Outlook
Summary on Aerospace Market Outlook ▪ Mid to long term market growth remained strong ▪ Short term supply chain risk and constraints remained critical for airframers to meet their delivery plan Proprietary Information of SAM 8
Slide 9: Semiconductor Equipment Market Outlook
Semiconductor Equipment Market Outlook IC Sales Total IC Inventory Versus Utilization INVENTORY($B) $B Memory IC Sales ($B) Logic IC Sales ($B) (BAR) FAB UTILIZATION (LINE) 200 70 100% 180 60 160 90% 140 50 120 40 100 80% 30 80 60 20 70% 40 10 20 0 0 60% 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23
Slide 10: Semiconductor Equipment Market Outlook
Semiconductor Equipment Market Outlook $125.8 $118.3 (excl. $112.5 (excl. (excl. other other other capex) capex) capex) Source: Yole, Q4’24 Source: Semi, Dec 24 ▪ Forecast Semicon Equipment Capex 2025 to grow 5.2% vs ▪ 2025 Semicon Equipment Capex is forecasted 2024 to grow 7.6% (US$121.5b vs 2024 U
Slide 11: Global Trade Tensions, Trade Tariffs, Geopolitical Uncertainties
GLOBAL TRADE TENSIONS TRADE TARIFFS GEOPOLITICAL UNCERTAINTIES Proprietary Information of SAM 11
Slide 12: Operations Update
OPERATIONS UPDATE Proprietary Information of SAM 12
Slide 13: SAM Thailand Update
SAM Thailand Update Factory Machines & Special New Equipment & Factory Restoration Process Qualifications Machines Arrival Full Production Renovation Industrializing of SAM Thailand BB2 – ON TRACK 13 Proprietary Information of SAM
Slide 14: Thailand Ban Bueng BB3
Thailand Ban Bueng 3 BB3 110,000 sqft Building scheduled completion Oct’25 Planned USD 40mil investment Proprietary Information of SAM 14
Slide 15: Financial Highlights
Financial Highlights Revenue Profit Before Tax RM'mil RM'mil 1,445.4 1,497.4 143.8 1,147.6 1,110.5 115.0 100.5 99.7 81.8 938.7 85.6 873.7 1,066.1 1,116.3 129.7 715.7 62.3 489.1 895.8 116.9 104.0 112.1 701.8 83.1 37.4 449.6 14.1 431.3 394.8 251.8 329.1 -11.6 -1.9 2.5 171.9 -22.2 FY2020 FY2021 FY2022
Slide 16: Financial Highlights
Financial Highlights Profit For The Year/Period Basic Earnings Per Share RM'mil Sen 19.53 108.6 16.41 88.8 14.76 79.8 13.94 75.5 66.3 11.04 59.7 9.80 FY2020 FY2021 FY2022 FY2023 FY2024 YTD Q3 FY2020 FY2021 FY2022 FY2023 FY2024 YTD Q3 FY2025 FY2025 16 Proprietary Information of SAM
Slide 17: Financial Highlights
Financial Highlights EBITDA CAPEX RM'mil RM'mil 250.4 222.9 199.1 163.1 171.2 156.9 176.5 139.2 70.8 144.7 124.1 114.6 96.3 113.1 61.8 50.4 48.4 86.1 73.9 41.2 54.4 56.6 26.1 38.9 FY2020 FY2021 FY2022 FY2023 FY2024 YTD Q3 FY2025 FY2020 FY2021 FY2022 FY2023 FY2024 YTD Q3 FY2025 Aerospace Equipment 17
Slide 18: Financial Highlights
Financial Highlights Return on Equity Net Gearing 13.9% 0.56 11.4% 11.8% 9.7% 9.7% 0.26 4.7% 0.18 0.14 0.11 0.12 FY2020 FY2021 FY2022 FY2023 FY2024 YTD Q3 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Dec-24 FY2025 18 Proprietary Information of SAM
Slide 19: Q&A
Q&A Proprietary Information of SAM 19
SAM Engineering & Equipment (M) Berhad — Q3 FY2025 Earnings Presentation on 6ix