Dynasty Ceramic Public Co. Ltd. · SET:DCC

Dynasty Ceramic Public — Q3 2013 Earnings Presentation

17 slides from Dynasty Ceramic Public's earnings presentation, November 2013

  1. Slide 1: Dynasty Ceramic Contents

    “We are making the impossible, POSSIBLE.” Dynasty Ceramic Contents History Sales Market Analysis Cost of Production Performance Going Forward “Please feel free to ask any questions according to the topic presenting.” 2 1

  2. Slide 2: History Timeline

    “Our roadmap to number 1.” HISTORY 3 Timeline 80 Million Sq.M in 58 Million 2017 Sq.M in 2011 42 Million Sq.M in 2008 32 Million Sq.M in 2004 “Sustainable growth.” 4 2

  3. Slide 3: Sales Report: Sales Volume

    “Analyzing market trend.” SALES REPORT Sales Volume (1000sq.m) 6500 6000 5,529 5,728 5500 2010 = 50,546 (1000sq.m) 4,926 5000 4,873 4,964 2011 = 55,443 (1000sq.m) 2012 = 58,313 (1000sq.m) 2013 = 42,879 (1000sq.m) 4500 4,229 4,465 4000 4,223 3,942 3500 3000 January February March April May June July

  4. Slide 4: Sales Value (MB) and ASP

    Sales Value (MB) 850 800 783 750 736 685 700 677 666 650 2010 = 6,457 MB 2011 = 7,195 MB 582 599 600 2012 = 7,603 MB 2013 = 5,842 MB 569 550 546 500 450 400 January February March April May June July August September October November December ASP Date Q2, 56 Q3, 56 Measures Measures Product Type Pro

  5. Slide 5: Sales Comparison by Distribution Channel (MB)

    Outlet Quarterly Sales Performance by Region (MB) 850 750 717 689 690 650 622 582 559 512 567 550 NE 481 468 483 462 455 M 450 432 424 420 432 418 429 393 398 397 400 404 E 368 383 387 388 368 338 322 350 406 S 350 320 322 373 324 334 371 359 361 281 293 295 288 291 310 N 329 346 344 271 247 228 250

  6. Slide 6: Analyzing Distribution Channels

    Analyzing Distribution Channels Y2012 3Q2013 Agent By Export 3% Export Outlet Agent By Agent By 22% Outlet 2% DCC Outlet Agent By 18% 6% 64% DCC 6% Franchise Franchise 5% 3% Outlet 71% Agent By Y2011 Agent By Outlet Export 18% 3% DCC 7% Outlet Franchise 66% 6% Agent 1Q2013 Agent 2Q2013 By Export By

  7. Slide 7: Cost of Production: Analyzing Product Types

    Analyzing Product Types Wall 8x10 Wall 8x12 Granito Wall 8x8 Wall 8x12 Other 11% 1% 0% Y2012 Other 1% Wall 8x10 4% Granito 0% 3% 3Q2013 Floor 8x8 2% Floor 24x24(R) 9% 5% Floor 16x16(R) Wall 8x8 0% 1% 0% Floor 12x12 Floor 8x8 46% 4% Floor 12x12 Floor 16x16(R) 42% Floor 16x16 3% 34% Floor 16x16 34% Wa

  8. Slide 8: Cost of Production 3Q13 and YTD 3Q13

    Cost of Production 3Q13 Packaging, 4% Maintenance,Supplies Used, Gas 4% 1% Fixed, 7% Chemicals Gas, 30% Body Labour, 8% Depreciation Power, 7% Power Depreciation, Labour 3% Chemicals, 20% Fixed Body, 16% Maintenance Packaging Supplies Used Cost of Production YTD 3Q13 Maintenance,Supplies Used, 4% 1%

  9. Slide 9: Natural Gas Price History and Changes in Cost

    Natural Gas Price History 500 450 400 350 BAHT / MMBTU 300 250 200 150 100 50 - ม.ค.-09 มี.ค.-09 ก.ย.-09 ม.ค.-10 มี.ค.-10 ก.ย.-10 ม.ค.-11 มี.ค.-11 ก.ย.-11 ม.ค.-12 มี.ค.-12 ก.ย.-12 ม.ค.-13 มี.ค.-13 ก.ย.-13 ก.ค.-09 พ.ย.-09 ก.ค.-10 พ.ย.-10 ก.ค.-11 พ.ย.-11 ก.ค.-12 พ.ย.-12 ก.ค.-13 พ.ค.-09 พ.ค.-10 พ.ค.-11

  10. Slide 10: Performance: Quarterly Performance

    “Perfectionism.” PERFORMANCE Quarterly Performance GROSS PROFIT NET PROFIT 1200 2500 2203 SALES VALUE 2093 1000 2021 1964 1882 1865 1925 2000 1851 892 1703 1777 840 1696 852 1714 1621 823 1638 828 806 800 769 1490 744 1461 1461 1431 738 700 712 710 1392 1381 1500 1303 659 646 660 665 1184 615 601 63

  11. Slide 11: Net Profit & Earning Per Share

    Net Profit & Earning Per Share 170 154 150 133 130 125 2011 = 1,243MB,EPS = 3.05 B 110 114 115 105 106 2012 = 1,265 MB,EPS = 3.08 B 95 2013 = 1,039 MB,EPS = 2.55 B 94 90 70 50 January February March April May June July August September October November December Statement of Financial Position Januar

  12. Slide 12: Liabilities and Owner's Equity; Performance

    LIABILITIES AND OWENER’S EQUITY January 2012 - September 2013 (MB.) AP & Accrued Exp. Overdrafts/Loan Employee Benefit Obligations Shareholders'Equity 4000 3500 3110 3210 2985 3056 2865 2836 3000 2718 2814 2775 2798 2931 26162731 2595 2702 2797 2590 2586 2685 2616 2691 2500 2000 1500 1080 1121 907 9

  13. Slide 13: Key Performance and Key Financial Ratio

    Key Performance FY07 FY08 FY09 FY10 FY11 FY12 1Q13 2Q13 3Q13 Gas Cost of COGS 549.06 929.76 702.97 946.81 1,314.41 1,554.08 318.49 349.02 342.46 (Bt mil) Natural Gas Price (Bt/MMBTU) 257.09 354.44 245.54 303.07 371.67 404.40 370.77 371.86 379.01 Transportation Cost 345.70 438.51 410.48 517.39 598.06

  14. Slide 14: Going Forward: Production Capacity Expansion Plan

    “Targets and Goals.” GOING FORWARD 27 Production Capacity Expansion Plan 79.2M 64.8M 57.6M 11,000 10,500 • 20 kilns 10,000 • 20 kilns 9,500 • 20 kilns Increase Production 9,000 • 20 kilns Capacity 8,500 • 20 kilns 8,000 • 19 kilns 7,500 Reduce Cost • 17 kilns • 16 kilns 2009 2010 2011 2012 2013 2014

  15. Slide 15: Re-Branding

    Re-Branding • New uniform • New outlet structure • Improved service • Improved showcase • Value added 15

  16. Slide 16: Before After

    Before After 16

  17. Slide 17: 2013 Outlook

    2013 Outlook  Target 5% growth  Target to open 10 outlets  Add Value to products  Target 43% gross margin  Increase ASP to 138 Baht  Increase 5% in production capacity by modifications  More than 80% capacity utilization rate  Reduce 5% of labor  Re-Branding Project  Intensive training pro

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