Prinsiri Public Co. Ltd. · SET:PRIN
Prinsiri Public — Q2 2006 Earnings Presentation
35 slides from Prinsiri Public's earnings presentation, Sep 8, 2006
Slide 1: Prinsiri Public Company Limited
บริษัท ปริญสิริ จํากัด (มหาชน) Prinsiri Public Company Limited Presented on 8 Sep 2006 1
Slide 2: Contents
Contents Company Profile Operation Overview Financial Highlights Company Highlights 2
Slide 3: Company Profile
| usun Usyat Fafa Guna) @ 123 aqnarunvAIa Tu 12 awn? A NANNANAN WioNANWS LuMeMINT NeW 10900 @uiinaulug) Ins. 0-2617-6900-9 Inzarz 0-2617-6910-11 lauKuoothu... AlUUDasAUsssuLIG www.prinsiri.com Company Profile Fax : 0-2617-6910-11 1. 0-2617-6900 Te
Slide 4: Company Profile
Company Profile Main Business : Property Development Establishment : February 23, 2000 Listed : November 7, 2005 Paid-up Capital : 670 Million Baht No. of Shares : 670 Million Shares Par Value : 1 Baht Head Office : 123 Sun Towers A 12th Fl., Vibhavadi-Rangsit, Chompol, Chatuchak, Bangkok 10900 No.
Slide 5: Group Structure
Group Structure Prinsiri Plc. Paid-up Capital 670 Million Baht 99.99% 51.00% Grow Yotha Group Co.,Ltd. Prinventure Co.,Ltd. Paid-up Capital 10 Million Baht Paid-up Capital 52.5 Million Baht 5
Slide 6: Board of Directors & Management Team
Board of Directors & Management Team Board of Directors 1. Mr.Mongkol Pao-in Chaiman 2. Mr.Surabhon Kwunchaithunya Chairman of Audit Committee 3. Ltn.Sivaraks Phinicharomna Audit Committee 4. Mr.Amnat Ngamsuriyarote Audit Committee 5. Ms.Siriluck Kovitchindachai Director Executive Committee 6. Mr.Kw
Slide 7: Shareholder Structure
Shareholder Structure As of 29 May 2006 (670 Million Shares) Public 23.99% Kovitchindachai Group 76.01% 7
Slide 8: Products
Products “Experience a Truly Charming Home Amidst Lush Nature” “เสนหข องบาน... ที่เปนมิตรกับธรรมชาติ” Single Detached Home Single Detached Home Town House (Premium Market) (Middle Market) (Siritawara) (Prinyada) (Prinyaluck) Other (The Pulse) 8
Slide 9: Products: Premium Single Detached Home
Products Single Detached Home (Premium Market) Price Range >7.00 MB. Siritawara 9
Slide 10: Products: Middle Market Single Detached Home
Products Single Detached Home (Middle Market) Price Range 4.00 – 7.00 MB. Prinyada 10
Slide 11: Products: Town House
Products Town House Price Range 2.00 – 4.00 MB. Prinyaluck 11
Slide 12: Products: Condominium
Products Condominium Price Range 1.29 – 3.60 MB. The Pulse 12
Slide 13: Achievements
Achievements Awards of Merit from Pacific Coast Builders Conference (PCBC), San Francisco, USA, Year 2001 & 2004 Year 2001 Year 2001 Year 2004 Best Single Family Best Single Family Best Single Family Detached Home Detached Home Detached Home (under 1,800 sf) (2,601–3,000 sf) (3,300-3,600 sf) 13
Slide 14: Marketing Strategy
Marketing Strategy Product Differentiation Profit Through Image Differentiation Customer Brand Awareness Satisfaction 14
Slide 15: Operation Overview
| usun Usyat Fafa Guna) @ 123 aqnarunvAIa Tu 12 awn? A NANNANAN WioNANWS LuMeMINT NeW 10900 @uiinaulug) Ins. 0-2617-6900-9 Inzarz 0-2617-6910-11 lauKuoothu... AlUUDasAUsssuLIG www.prinsiri.com Operation Overview Fax : 0-2617-6910-11 1. 0-2617-6900 15 Te
Slide 16: Sold Out / Completed Projects
Sold Out / Completed Projects Project Characteristics Opening Sold-out Sold & Transferred date date Unit Value (MB.) % Prinsiri Soi Samakomphad 2-Storey SDH Sep-00 Dec-02 90 496.96 18.38 Prinsiri Privacy 2-Storey SDH Mar-02 Jun-03 25 213.54 7.90 Prinyaluck Chamchan 3-Storey TH Jun-02 Feb-04 137 318.
Slide 17: Current Projects
Current Projects As at 30 June 2006 Project Openin Total Sold (As at June 30, 06) Transferred (As at June 30,06) g date Unit Value (MB.) Unit Value (MB.) % Unit Value (MB.) % Prinsiri Nawamin Sep-02 88 726.32 86 697.32 96.01 86 697.32 96.01 Prinsiri Nuanchan Mar-03 49 413.09 49 415.09 100.48 48 398.
Slide 18: Work Progress
Work Progress As at 23 August 2006 European Tow n (SDH/TH) 44% 41% Prinluck Petchkasem 47% 36% Prinyada Buddam onthol Sai 2 23% 63% Prinyada Kaset Naw am in Phrase 1 92% 73% The Pulse 100% 100% Siritaw ara 84% 100% Prinluck Intraluck 98% 99% House Prinluck Exclusive 100% Infrastructure 100% Prinluck
Slide 19: Projects Location
| usen Wsyas dofia Guna @ 123 a nartunvanega tu 12 ere A DANNIATAM uvaevaus wuma®In? NzaNNy 10900 @uiinaulug) Ins. 0-2617-6900-9 Inzarz 0-2617-6910-11 lauKuoothu... AlUUDasAUsssuLIG www.prinsiri.com liwunlAsoms sania burdens Pe ul nN 1 0-2617-6910-11 Fax 0-2617-6900 19 Tel.
Slide 20: Projects Location
i : ‘sienis 131 rod 2 5 i+) oinauan a 2 ay = a H i: mii é mei 2 © Ee ® 5O O.AWBTINY Becker fi micro E E a Ss © sail a a o..ande 3 3 s =e O.WIETIN 2 Z 3 i amyuiawn tt | usun Usyat Fafa Guna) a4 S = awinnaramayi { a 2 2 % é \rozanainnsun sunonmiivigy Al Wh av mani Mt 5 ra O.AWISINN = & S, § ces 3 [Suu
Slide 21: Projects Location
5 = .qqa'n 77 D.aansztis _— ° mam anv ~~ yin 7 fowl araniziie aun iki wi Simin ° fumed ° a secrnns w.QMRAD myn 9 a ‘ Pee ee & swoutharumniqzriaugl aansur-anal) } é } Woes» rs Winn mania g 7 © manrin! t [= mato anymins< Sprott tins une Sundtlas é > wig’ ° = Funan € yi -oanwiane nw.t2 Re ¢ J _Brivistu
Slide 22: New Projects Launched in 2006
New Projects Launched in 2006 Total Expected Opening Date Project Characteristics Unit Value (MB.) Q1/06 Q2/06 Q3/06 Q4/06 Prinsiri Projects Prinyada Rama II Phase I 2 stories SDH 69 513 Prinlux Intraluck 3 stories TH 42 194 The Pulse Condominium - Lardprao 9 stories Condo 202 324 Prinyada Kaset-Naw
Slide 23: Financial Highlights
| usun Usyat Fafa Guna) @ 123 aqnarunvAIa Tu 12 awn? A NANNANAN WioNANWS LuMeMINT NeW 10900 @uiinaulug) Ins. 0-2617-6900-9 Inzarz 0-2617-6910-11 lauKuoothu... AlUUDasAUsssuLIG www.prinsiri.com Financial Highlights Fax : 0-2617-6910-11 0-2617-6900 23 Tel.
Slide 24: Total Revenues
Total Revenues MB. 2,500.00 2,325.34 2,000.00 1,486.66 1,500.00 125.58% 1,000.00 673.80 414.46 500.00 298.70 - 2004 2005 Q1/06 Q2/05 Q2/06 Jan-Mar Apr-Jun Apr-Jun 24
Slide 25: Revenue Structure
Revenue Structure Total Rev. 414.5 MB SDH- Other rev., Prem.Mkt, 8.8% 7.5% Total Revenue Condo, 0.0% 2,325.34 MB. Townhouse, Other Revenues 36.4% Q1/2006 SDH-Mid. 0.56% Revenue from Sales SDH - Prem. market Mkt, 47.3% 3.07% 18.42% Townhouse 21.51% Total Rev. 673.8 MB Other rev., SDH- 1.4% Prem.Mkt,
Slide 26: Revenues by Quarterly
Revenues by Quarterly 2005 2006F Total Revenue 2,325.3 MB. Total Revenue 3,000 MB.(F) Q1, 16.7% Q4F, 37.2% Q1, 13.8% Q4, 44.7% Q2, 12.8% Q2, 22.3% Q3, 25.7% Q3F, 26.7% 26
Slide 27: Gross Profit Margin
Gross Profit Margin 35.0% 33.2% 31.6% 30.3% 28.8% 29.1% 29.4% 30.0% 25.0% 20.0% 15.0% 10.0% 2004 2005 Q1/06 Q2/05 Q2/06 1H/06 Jan-Mar Apr-Jun Apr-Jun Jan-Jun 27
Slide 28: Net Profit
Net Profit MB. 350.0 304.8 300.0 250.0 184.2 200.0 150.0 113.5 100.0 38.1 50.0 19.3 0.0 2004 2005 Q1/06 Q2/05 Q2/06 Jan-Mar Apr-Jun Apr-Jun 28
Slide 29: Net Profit Margin
Net Profit Margin 20.0% 16.8% 13.9% 15.0% 13.1% 12.4% 9.2% 10.0% 6.5% 5.0% 0.0% 2004 2005 Q1/06 Q2/05 Q2/06 1H/06 Jan-Mar Apr-Jun Apr-Jun Jan-Jun 29
Slide 30: COGS, SG&A
COGS , SG&A 100.0% 80.0% 15.6% 19.7% 10.8% 11.4% 11.0% 60.0% 40.0% 71.3% 69.7% 70.9% 70.7% 66.8% 20.0% 0.0% 2004 2005 Q1/06 Q2/05 Q2/06 Jan-Mar Apr-Jun Apr-Jun COGS SG&A Revenue 30
Slide 31: Total Asset, Total Liabilities & Total Equity
Total Asset, Total Liabilities & Total Equity MB. 5,000.00 4,050.09 4,000.00 3,832.69 3,196.99 3,000.00 2,549.05 2,334.31 2,124.42 2,000.00 1,748.08 1,448.91 1,498.38 1,501.04 1,334.70 1,000.00 789.72 - 2004 2005 Q1/06 Q2/06 Total Asse t Total Liabilitie s Total Equity 31
Slide 32: ROE & D/E Ratio
ROE & D/E Ratio ROE D/E Ratio Times 30.00% 2 26.50% 25.60% 1.69 1.7 1.5 1.56 20.00% 21.00% 19.40% 1.21 1 10.00% 0.5 0.00% 0 2004 2005 Q1/06 Q2/06 2004 2005 Q1/06 Q2/06 32
Slide 33: Company Highlights
| usun Usyat Fafa Guna) @ 123 aqnarunvAIa Tu 12 awn? A NANNANAN WioNANWS LuMeMINT NeW 10900 @uiinaulug) Ins. 0-2617-6900-9 Inzarz 0-2617-6910-11 lauKuoothu... AlUUDasAUsssuLIG www.prinsiri.com 0-2617-6910-11 Company Highlights Fax: 0-2617-6900 33 Tel.
Slide 34: Company Highlights
Company Highlights Long Experienced Management Excellent Location, High Growth Area Implement New Designs & Use of High Quality Materials Competitive Pricing with Effective Marketing Strategies Expanding Revenue Growth in Profit Margin 34
Slide 35: Key Financial Highlights
Key Financial Highlights 2004 2005 2005 2006 2006 FY Q1 2005 Q2 2005 Q3 2005 Q4 2005 FY Q1 2006 Q2 2006 H06 Pre-Sales (THB M.) 2,117.4 217.0 1,008.8 992.0 442.5 2,660.3 703.8 251.6 955.4 - Sales (THB M.) 1,469.2 384.3 269.2 560.8 1,026.7 2,241.0 413.5 670.1 1,083.6 Total Revenues (THB M.) 1,486.7 38
Prinsiri Public Company — Q2 2006 Earnings Presentation on 6ix