SC Asset Corp. Public Co., Ltd. · SET:SC
SC Asset Corp. Public — SC Asset Corporation Public Company — Q1 2011 Earnings Presentation
21 slides from SC Asset Corp. Public's earnings presentation, May 24, 2011
Slide 1: SC Asset Q1 2011 Info Meeting
SC ASSET oe ope Q1 2011 Info Meeting 24 May 2011
Slide 2: Q1 2011 SC Asset Performance
Q1 2011 SC ASSET Performance 2
Slide 3: SC Asset Performance: Q1 2011 vs Q1 & Q4 2010
SC ASSET PERFORMANCE: Q1 2011 vs Q1 & Q4 2010 Q1 2010 * Q1 2011 Q4 2010 * 2,876 1,638 1,541 1,099 624 685 462 351 294 Total Revenue Gross Profit Net Profit z Q1 2011 TOTAL REVENUE 1,638 MB : 6% YoY, 43% QoQ QoQ decline, due to high transfer of CTR (1,447MB) in Q4’10 z Q1 2011 GROSS PROFIT 685 MB : 1
Slide 4: Operating Revenue 1,636MB: Growth 6% YoY
Operating Revenue 1,636MB : Growth 6% YoY 3,500 Unit : MB 2,874 3,000 Income Property 217 2,500 2,000 1,636 Property for Sale 1,538 1,500 217 205 1,215 2,657 1,025 203 1,000 204 1,333 1,419 Operating 500 1,012 Revenues 821 0 1Q 10 2Q 10 3Q 10 4Q 10 Q1 2011 (Restated) (Restated) (Restated) (Restated)
Slide 5: Pre-Sale Q1 2011: 1,299 MB, Growth 30% YoY
Pre-Sale Q1 2011 : 1,299 MB , Growth 30% YoY Pre-Sale Q1 10 Q2 10 Q3 10 Q4 10 Q1 11 Growth (%) SDH TH Condo Total (MB) (MB) (MB) (MB) (MB) YoY QoQ 7 New Launch LBB-WO, GBB-V, GBB-SR, GDP, SDH 663 735 850 1,309 1,097 65% -16% CT-RS, CR-P11, CR-R TH 228 155 141 87 38 -83% -56% 1,953 Condo 106 100 82 5
Slide 6: Income Property Q1 2011: Revenue from Rental & Services
Income Property Q1 2011 : Revenue from Rental & Services 217MB Revenue from Rental & Services 217MB, growth 6% YoY Breakdown Revenue from Rental & Services (Unit: MB) (Unit: MB) 217 MB 217 217 205 MB 205 203 204 47 ANET 47* 6 VL 46 6 UL 54% 164 OA 106 SC Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Offic
Slide 7: Summary of Financial Position: Q1 2011
Summary of Financial Position : Q1 2011 (Restated) 31-Mar-11 31-Dec-10 Change (MB) (MB) (MB) % YoY Total Assets 14,771 14,183 587 4% Total Liabilities 5,772 5,465 306 6% Shareholders' Equity 8,999 8,718 281 3% ROA (%) 12.46% 13.11% ROE (%) 14.31% 15.66% D/E Ratio (times) 0.64 0.62 Book Value (Baht/S
Slide 8: Q1 2011 Financial Highlights
Q1 2011 FINANCIAL HIGHLIGHTS 8
Slide 9: Statements of Income: Comparative YoY, QoQ
STATEMENTS OF INCOME : COMPARATIVE YoY, QoQ (Unit : Million Baht) Q1 2011 Q1 2010 (Restate) Change YoY Q4 2010 (Restate) Change QoQ MB % MB % MB % MB % MB % PROPERTY FOR SALE 1,419.11 86.7% 1,333.24 86.7% 85.88 6% 2,657.01 92.5% -1,237.89 -47% INCOME PROPERTY 217.02 13.3% 204.75 13.3% 12.27 6.0% 216
Slide 10: Statements of Financial Position: Assets
STATEMENTS OF FINANCIAL POSITION : ASSETS 31 Mar 11 31 Dec 10 Change '000 Baht % '000 Baht % '000 Baht (%) Cash and Cash Equivalents 607,320 4% 694,261 5% -86,941 -13% Trade Accounts Receivable & Accrued Income 30,688 0% 47,266 0% -16,578 -35% Real Estate Development Cost 7,623,183 52% 7,116,190 50%
Slide 11: Statements of Financial Position: Liabilities & Equity
STATEMENTS OF FINANCIAL POSITION : LIABILITIES & EQUITY 31 Mar 11 31 Dec 10 Change '000 Baht % '000 Baht % '000 Baht (%) Short-Term Loans from Financial Institutions 2,121,760 14% 1,850,074 13% 271,686 15% Trade Accounts Payable 179,841 1% 448,430 3% (268,589) -60% Current Portion of Long Term Liabi
Slide 12: New Project Launch Q2 2011
Aadoxsn Glsuiwoounnc New Project Launch Q2 2011
Slide 13: New Projects Q2 2011: 2 Projects Launch in April 2011
New Projects Q2 2011 : 2 Projects Launch in April 2011 SDH : 173 Units SDH : 190 Units Value : 950MB Value : 1,400MB Unit Price : ~5 MB up Unit Price : ~6 MB up Sold Unit * : 16 Units Sold Unit * : 34 Units 13 * Data as of 23 May 11
Slide 14: Project Summary: LBB-PP
Project Summary : LBB-PP z Project Area : 42-0-5 Rai z Project Value : 950 MB z Total Unit : Single House 2F. 173 Units z Land Plot : 50 - 70 sq.wa. z Functional Area : 170 - 210 Sq.m. z Unit Price : Start 5 MB 14
Slide 15: Location Map: LBB-PP
sere) LOCATION MAP : LBB-PP z GOsisccc N.USUSIb6UC boulevard 0.IWG6SINGU ro iS...PRIME LOCATION 1BBdSAlAMiFiuUUTAariNEMmUW THES Aadougn aluuiteouna
Slide 16: Project Summary: LBB-RJ
Project Summary : LBB-RJ z Project Area : 49-3-99 Rai z Project Value : 1,400 MB z Total Unit : Single House 2F. 190 Units z Land Plot : 50 - 140 sq.wa. z Functional Area : 170 - 210 Sq.m. z Unit Price : Start 6 MB 16
Slide 17: Location Map: LBB-RJ
LOCATION MAP : LBB-RJ boulevard —— siwwgnd-Isqy1—— N.USUSI@sUu BANGKOK boulevard —— ssw9nd-0s1 — O.TNsiwas O.IWISINGU o.fiavwqne : aw uomng, o.a1ns a> >...) aewulsssiy > .ws:s13 17 Aadousn Glsuiwoounna
Slide 18: New Projects Q2 2011: 1 Project Launch in June 2011
New Projects Q2 2011 : 1 Projects launch in June 2011 18
Slide 19: Project Summary
Project Summary z Project Area : 38-3-59 Rai z Project Value : 1,200 MB z Total Unit : Single House 2F. 87 Units z Land Plot : 85 - 169 sq.wa. z Functional Area : 302 - 420 Sq.m. z Unit Price : 14 – 25 MB 19
Slide 20: Location Map: GBB-R
LOCATION MAP : GBB-R @enuuunys: KR | AW UNS:S 7 a] | Mursnunninsa FY sninssnuns ¥ a 5 Joie.) 5 I amurhog 5 * a mons Thsomsawu dudwssn (huhu) io 2 e Fy é a Ss.ouuraidune y “8 ) ovieuwssw 5 O.URSSUNS y [) lnsomsaluonacaopiseu ModsNs:qUUSUSIb6UN Aadousn Glsuiwoounnci
Slide 21: Disclaimer
DISCLAIMER “Some Statements made in this presentation are forward-looking statements, which are subject to various risks and uncertainties. These include statements with respect to our corporate plans, strategies and beliefs and other statements that are not historical facts. These statements can be
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