An Cuong Wood - Working Joint Stock Co · HOSE:ACG
An Cuong Wood - Working Joint Stock — An Cuong Wood - Working JSC — Q3 2023 Earnings Presentation
13 slides from An Cuong Wood - Working Joint Stock's earnings presentation, 2023
Slide 1: An Cuong Wood-Working JSC IR Presentation Q3 2023
AN CUONG WOOD – WORKING JSC ACG IR PRESENTATION Q3 2023
Slide 2: Disclaimer
Disclaimer This publication is for information purposes only. It is no offer or invitation by An Cuong Wood - Working JSC (thereafter referred to as "An Cuong" or "the Company") or any of its affiliates to buy or sell any securities. Referrals to historical performance do not necessarily guarantee p
Slide 3: Business Performance
CAAN CUONG Wood - Working Materials Business Performance
Slide 4: Consolidated Results Q3 2023
Consolidated Results Q3 2023 Net Revenue Gross Profit Net Profit VNDbn 962 VNDbn 298 VNDbn 130 -18.2% YOY -14.4% YOY -21.9% YOY Q3 2022: VNDbn 1,176 Q3 2022: VNDbn 348 Q3 2022: VNDbn 166 Total Assets Owners’ Equity VNDbn 5,122 VNDbn 4,136 -6.3% YTD 5.7% YTD BUSINESS PERFORMANCE
Slide 5: Consolidated Results 9M 2023
Consolidated Results 9M 2023 Net Revenue Gross Profit Net Profit VNDbn 2,611 VNDbn 769 VNDbn 275 -15.5% YOY -15.3% YOY -38.3% YOY 9M 2022: VNDbn 3,091 9M 2022: VNDbn 908 9M 2022: VNDbn 445 % Completion of FY guidance (*) 62.4% Net Revenue 56.9% YTD Net Profit (*) Revised Plan BUSINESS PERFORMANCE
Slide 6: Net Revenue and Profit Margins
Net Revenue In VNDbn During Q3, weak demand continued to put 3,091 pressure on net revenue. Gross margin increased to 31% last quarter when there was Export sales improvement in margins of both domestic and 2,611 VNDbn 426 export orders. SG&A expenses were lower compared to preceding quarter as not
Slide 7: Balance Sheet
Balance Sheet In VNDbn Liabilities 1,555 Liabilities reduced by VND 569 bil Total Assets during the last 9 months when the 986 Company paid down short term 5,467 borrowings. 5,122 Total assets decreased by VND 345 billion year-to-date, mainly due lower inventory level. 1/1/2023 9/30/2023 Owners’ Equ
Slide 8: Key Financial Indicators
Key Financial Indicators Profit Margins (%) Leverage Ratio (%) 31.1% 31.0% 39.7% 29.6% 28.9% 28.1% 35.7% 33.0% 30.7% 28.4% 26.3% 24.8% 23.5% 23.8% 19.2% 14.1% 13.5% 11.7% 11.2% 5.3% 3Q22 4Q22 1Q23 2Q23 3Q23 3Q22 4Q22 1Q23 2Q23 3Q23 Gross Biên margingộp lợi nhuận Netlợi Biên margin nhuận sau thuế Tot
Slide 9: Key Activities
Key Activities 87 [Converted]-01.png
Slide 10: Update on distribution network expansion plan
Update on distribution network expansion plan As at end of September 2023, total business locations of An Cuong in Vietnam has increased to 137 locations, including 16 showrooms owned and operated by An Cuong. Accordingly, the Company’s distribution network has fully covered all 63 cities and provin
Slide 11: Wallpaper – new product line to extend An Cuong's product portfolio
Wallpaper – new product line to extend An Cuong’s product porfolio Throughout the year, An Cuong has extended product portfolio by introducing new products and solutions, including Lambri Panel, Acoustic Panel, Wall & Ceiling Panel, new products for exterior designs … This not only offers more optio
Slide 12: An Cuong's AC Library App updates
An Cuong’s AC Library App updates Last September, An Cuong has launched the updated version of AC Library App. The new version of the application would bring users/customers seamless mobile experience with the sleek and intuitive interface. Extensive distribution network, AC Library application alon
Slide 13: Thank you
Thank you Investor Relations Department 702/1K Su Van Hanh Street, District 10, HCMC Mr Vi Nguy Investor Relations Director M (84) 909 626 516 E ir@ancuong.com
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