P.C.S. Machine Group Holding Public Company Ltd · SET:PCSGH

P.C.S. Machine Group Holding Public — FY2015 Earnings Presentation

31 slides from P.C.S. Machine Group Holding Public's earnings presentation, Mar 10, 2016

  1. Slide 1: Business Briefing 1/2016 FY2015

    Business Briefing 1/2016 FY2015

  2. Slide 2: All Rights Reserved

    All Rights Reserved 2

  3. Slide 3: Machines List; Over 1,600 machines

    Machines List ; Over 1,600 machines Se psPes Precision 100% High Precision Machining @Tuming Machine 300 ®@ Machining Center 300 © Grinding Center 150 © Gears Generator 28 © Gear Shaving 14 © Gear Grinding 2 Machines Machines Machines Machines. Machines Machines © Gear Honning © Heat Treatment © Oth

  4. Slide 4: Characteristic of Focused Parts

    Characteristic of Focused Parts * Significant: Safety, Functional and Performance concerns * Heavy Duty and Durable ¢ Long Program Life * High Precision, High Technology * High Value Added * High Volume Front Drive Shaft ed mae Front Difforerniat Power Train Systems * Engines * Transmission ¢ Final

  5. Slide 5: Products

  6. Slide 6: Customers

    Gntinental HITACHI

  7. Slide 7: Industry Overview

    All Rights Reserved 7

  8. Slide 8: Thailand Automotive Industry

    ~<ores Total Vehicles Sales Y-Y Y-Y Y-Y Y-Y Y-Y [evn units] 31.5% 3.1% 33.9% 2.2% -10.1% 3.47 3.55 3.19 2.52 2.59 1.78 1.89 att 1.91 2006 2007 2008 2009 2010 2011 2012 2013 2014 Total Vehicles Production Y-Y Y-Y Y-Y Y-Y Y-Y fenestrae 46.1% -3.5% 41.5% 4.8% -10.2% 4.44 4.24 3.98 3.10 2.99 2.63 2.02 2

  9. Slide 9: Automotive Industry of ASEAN

    a<==-® Automotive Industry of ASEAN Total Vehicles Sales (mn units) ——Brunei Indonesia Malaysia Philippines 1.44 ca — Singapore = <==Thailand i —Vietnam Thailand -3.8% -9.3% — eC “ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Growth of ASEAN Total Vehicles Production (mn units) cas os Thailand

  10. Slide 10: Sales and Production of Commercial and Passenger Vehicles

    Sales of Commercial Vehicles YY YY YY (mn units) -3.1% | -13.6% = -1.3% 1.30 1.26 1.09 1.08 0.91 0.94 0.75 0.77 0.64 2007 2008 2009 2010 2011 2012 2013 2014 Production of Commercial Vehicles YY Y-Y (mn units) 7.4% -12.8% 1.9% 1.96 1.44 1.32 1.15 127 7 - - il 7 2007 2008 2009 2010 2011 2012 2013 2014

  11. Slide 11: Indonesia and Thailand Vehicle Sales and Production

    -<gtgs Brunei ——Indonesia 742 Malaysia ©——Philippines Singapore =——=Thailand —Vietnam Sales (x1,000 units} 666 470 454 434 444 2007 2008 2009 2010 2011 2012 2013 2014 2015 Production (x1,000 units) Growth of Country Growth of Count Thailand 71.3% 75.7% Indonesia -1.3% -15.8% Thailand 1.9% 1.3% Indon

  12. Slide 12: Vehicle Sales and Production by Country

    ~<ores Sales (x1,000 units) Brunet serrindonesis 880 879 Malaysia Philippines Singapore —==Thailand et 737 > —Vietnam 2 602 5 541 3 Vv 3 Thailand g e -5.0% -13.5% 356 2 : 6 Indonesia -5.0% ee eee -16.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 Production (x1,000 units) Boze 1,013 Thailand Pe § a

  13. Slide 13: Sales Volume by Half-Year

    441 1H14 560 1H14 Z a PCS Holding 441 2H14 568 2H14 369 1H1i5 Y-¥ -2.4% Y-Y 431 2H15 H-H 16.6% H-H 10.7% 9.2% 576 1H15 629 2H15 FY2014 1,128 FY2014 800 FY2015 Y-Y 6.8% 1,205 FY2015 FY2016 (F) FY2016 (F) 952 1H14 S71 1H14 928 2H14 544 2H14 935 1H15 525 1H15 Y-Y -H-H 5.4% 4.5% 978 2H15 Y-Y H-H 8.8% 12

  14. Slide 14: Movement of Aluminum Price

    <== Movement of Aluminum Price Average Aluminum LME Price (USS / ton) 1H2014 2H2014 1H2015 2H2015 All Rights Reserved Source : London Metal Exchange (LME) 14 H: -13.5% H-H -22.0% Y-Y FY: -10.8% Y-Y FY2014 FY2015

  15. Slide 15: Business Overview

    ‘N Business Overview

  16. Slide 16: CAC and Solar Rooftop Project

    APES SS Holding Q4.2015 : Started the Q1.2015: Joined the Collective Action Coalition (CAC) Solar Rooftop Project for electricity expenses Q3.2015: Announced the CAC Policy to all stakeholder reduction purpose * Q'ty of Solar Cell : 19,205 sheets . * Roof Area : 7 buildings of Q3.2015 : PCW had been

  17. Slide 17: Community Forum and Progress

    PCS <> voit Community Forum : 1% February 2016 Progress as at 12** February 2016 7 Epa atl Se

  18. Slide 18: Sales by Business Unit, Automaker, Destination

    ~<ores BY BU PCE BY AUTOMAKER Others 0.4% Toyota 7.3% Ford/Mazda 16.7% GM 17.9% BY DESTINATION Export BY CATEGORY Non oe i 1.19 95.2%

  19. Slide 19: Sales Revenue and Gross Profit

    ( mnTHB } sous 41459 Sales Revenue 2,133.7 2,118.4 1,961.0 2,027.5 —— 4,013.9 #0923 2,096.0 19180 20898 20026 1H2014 2H2014 1H2015 2H2015 FY2014 FY2015 Y-Y(H) 3 5.4% = 3 4.4% 5 / ) £ = 8 Oo H-H oe 4.5% 4.2% 483.6 1H2014 Growth of GP Margin » Be 2H2014 H-H -4.2% -5.0% 1H2015 2H2015 MN Gross Profit @

  20. Slide 20: Net Profit and EBITDA

    ( mnTHB } 20.5% 15.6% 17.5% Ste —2”* 717.2 541.7 437.6 330.0 - Hy = 1H2014 2H2014 1H2015 2H2015 FY2014 FY2015 Tm Net Profit —=NP Margin (%) £ » E = = 2 3 £ Y-Y(H) A @ 1% 8 H-H -3.8% @ 22% 5.1% ( mnTHB ) 33.3% 28.9% 29.6% 710.5 own 627.6 1H2014 = -2H2014.—1H2015 © ® 5 = =< a [= FA Fd x) s : 3 H-H VJ

  21. Slide 21: COGS and SG&A

    “<q coGs (MN wh), oc > nn 86.3% 76.9% 81.3% 1,612.4 1,594.1 1,698.6 1,727.4 — — fC i 1H2014 2H2014 1H2015 2H2015 Raw Material mmm Employee (mm Aux / Gen Material Others H-H » 9° - 3 e 4.2% 2 5.0% € t — g 8 g E 79.9% 83.7% 3,206.4 3,426.0 P| FY2014 FY2015 Depreciation Ratio to Sales (%) Y-¥(H) 4.4% 3

  22. Slide 22: Raw Material and Auxiliary Material Costs

    ~PES Holding Raw Material ( mnTHB ) 35.4% 35.8% 36.6% COE 742.4 687.1 763.9 783.5 1H2014 = 2H2014 «= 1H2015—-2H2015 H-H @ + 2.6% Improvement of Raw Mat 35.6% 37.8% —__ Baoets 1,547.4 FY2014 FY2015 ll Raw Material ——Ratio to Sales (%) Y-¥(H) 4.4% 3.3% Auxiliary / General Material ( mnTHB } 9.4% 10.4%

  23. Slide 23: Depreciation and Employee Expenses

    Depreciation ( mnTHB ) 14.5% 12.2% 13.3% 256.2 278.1 277.7 1H2014 2H2014 1H. H-H @ =» 1.2% Improvement of Depre 14: 5% 290.4 13.3% 13.9% 534.3 pele FY2014 FY Depreciation Ratio to Sales (%) J Y-¥(H) aoe 0.0% Employee Expenses ( mnTHB } Improvement of Emp Exp 13.3% 15.4% 15.1% 15.6% 14.3% 15.3% 626.8

  24. Slide 24: Financial Statement and Ratio

    B<==® Financial Statement and Ratio Statement of Financial Position & D/E Ratio D/E Ratio mnTHB 0.07 x 0.07 x 0.09 x 0.10 x Assets 5,548.9 5,464.6 5,426.8 5,371.2 5,178.5 5,118.2 4,968.2 At 30 Jun 2014 At 31 Dec 2014 At 30 Jun 2015 At31 Dec 2015 EPS ROE At31*Dec | At30'Sep ROA 2 10.84% 2015 2015 ROE

  25. Slide 25: Outlook

    All Rights Reserved 25

  26. Slide 26: Impacts of the Excise Tax and Drought

    <5 PCS — Holding Impacts of the Excise (a) Tax exemption for the 1° Car Policy \ 1% Car owner Program o Severe = Drought (an) Agricultural Low Level of Income Agricultural Income \

  27. Slide 27: Opportunities

    <5 PCS Holding o Uptrend of Opportunities to obtain more = Aluminum Price © items as the announced strategies = + Non1ton Pickup Part * Non Automotive Part Opportunities F) Cost Reduction from Solar Rooftop Project

  28. Slide 28: New Projects Launch Schedule

    <5 PCS — Holding 1 Crankcase 2 Oldham Ring 3 Shafts, Brackets, Housing & Cover 4 Housing 5 Gear, Cover & Oil Pan 6 Sockel & Stand 7 Brackets 8 Fuel Rail 9 Pressure Plate 10 Camshaft European OEM Thai OEM Japanese OEM Japanese OEM European OEM European OEM Japanese OEM European Tier 1 European Tier 1

  29. Slide 29: Interim Dividend 0.12 THB per Share

    1 2 3 4 1 6 7 8 9 10 1 3 4 5 6 7 8 13, 14 15 fie ee iB zo 11 12 #13 #14 15 20 21 #22 «23 «24 © «25 17° 18 #419 2 21 22 27. «28 «629303 24 «25 «26 «27s 8 10 11 #12 #1130 «14 26 Interim 6 20 17. 18 «619 §=20 pcm 22 Dividend a 0.12 THB 24 «25 «26 «427 «022829 per Share

  30. Slide 30: Thank You

    Thank You Visit us : http://www.pcesgh.com Contact us : ir@pcsholding.com

  31. Slide 31: Analyst Forum

    Analyst Forum (14:00 onward) 1/2016: 4t* March (Fri) 2/2016: 13" May (Fri) 3/2016: 15 August (Mon) 4/2016: 18 November (Fri) 1/2016: 10 March (Thu) 2/2016: 19 May (Thu) 3/2016: 18" August (Thu) 4/2016: 25" November (Fri) *** This Plan is only tentative. *** *** It is subject to change without notice

PCS Machine Group Holding Public Company — FY2015 Earnings Presentation on 6ix