SC Asset Corp. Public Co., Ltd. · SET:SC

SC Asset Corp. Public — SC Asset Corporation Public Company — Q3 2014 Earnings Presentation

12 slides from SC Asset Corp. Public's earnings presentation, Nov 21, 2014

  1. Slide 1: Info Meeting 3Q14

    INFO MEETING 3Q 14 21 NOVEM BE R 2014 PRESENTED BY Nuttaphong Kunakornwong Deputy CEO Attapol Sariddipuntawat CFO

  2. Slide 2: 3Q & 9M 2014 Highlights

    3Q & 9M 2014 HILIGHTS  Growths in Revenue and NP of 3Q and 9M 3Q 9M qoq yoy yoy Operating Revenues +41% +65% +21% Net Profit +61% +112% +24%  6 Condo projects transferred in 9M total 3,107MB, growth 150%yoy  3 New projects launched in 3Q, presales ~400MB  Lower DE ratio DE as of 30 Jun 14 DE as

  3. Slide 3: Performance Highlight: 3Q14 & 9M14

    Performance Highlight : 3Q14 & 9M14 3Q 2014 9M 2014 3Q14 3Q13 %Change 2Q14 %Change 9M14 9M13 %Change (MB) (MB) (%YoY) (MB) (%QoQ) (MB) (MB) (%YoY) Presale 2,632 3,505 -25% 2,293 15% 6,095 10,393 -41% Revenue from Sales 3,666 2,138 71% 2,539 44% 7,554 6,159 23% Revenue from Rental & Services 216 214

  4. Slide 4: Operating Revenue 3Q14 & 9M14

    Operating Revenue 3Q14 & 9M14 Operating Revenue  3Q14 : 3,882 MB, +65% YoY & +41% QoQ  9M14 : 8,191 MB, +21% YoY +21% YoY Revenue from Sale Revenue from Rental & Services Operating Revenue 8,191 636 6,781 621 3,882 3,251 216 2,672 208 2,751 2,352 7,554 205 212 1,756 214 6,159 1,557 3,666 (92%) 202

  5. Slide 5: Financial Position as of 30 September 2014

    Financial Position as of 30 September 2014 30-Sep-2014 31-Dec-2013 Change (MB) (MB) (MB) % YoY Total Asset 28,092 26,993 1,099 4% Total Liabilities 17,066 16,466 600 4% Total Equity 11,025 10,527 498 5% ROA (% ) 4.68% 4.35% Net Profit /Avg.Total Asset ROE (% ) 11.92% 10.78% D/E (Time) 1.55 1.56 Book

  6. Slide 6: 3Q 2014 Presales: 2,632 MB, +15% QoQ

    3Q 2014 : Presales 3Q 2014 PRESALES : 2,632 MB, +15% QoQ Presales Low-rise Presales High-rise Total Presales 5,000 4,634 4,000 3,505 +15% QoQ 3,139 3,000 2,632 2,254 2,293 2,000 1,171 1,000 70% 36% 62% 70% 87% 81% 75% - 1Q 13 2Q 13 3Q 13 4Q 13 1Q 14 2Q 14 3Q 14 -25% YoY • Presales low-rise growth 6%

  7. Slide 7: 3Q 2014 Revenue from Sales: 3,666 MB, +71% YoY

    3Q 2014 : Revenue from Sales 3Q 2014 REVENUE FROM SALES : 3,666 MB, +71% YoY Gross Margin 1Q 13 2Q 13 3Q 13 4Q 13 1Q 14 2Q 14 3Q 14 For Sales 34.8% 33.5% 33.0% 31.8% 34.8% 33.8% 33.9% Revenue growth driven by condos + 71% YoY +44% QoQ 4,000 3,666 3,042 3,000 2,467 2,539 2,138 2,000 1,555 1,349 1,000

  8. Slide 8: Backlog: Secured Revenue 2014 - 2017

    Backlog : Secured Revenue 2014 - 2017 On-going Condominium Projects : ~10,560MB Construction Complete in 2014 - 2016 (L-R : H-R = 5% : 95%) 8 Ongoing Condos Project Values Transfer 3% (MB) Start 2017 Chambers Ramintra 600 Mar 2014 45% The Crest Santora Hua Hin 1,650 May 2014 2016 Centric Tiwanon Sta

  9. Slide 9: Projects Remaining for Sales as of 30 September 2014

    Projects Remaining for Sales as of 30 September 2014 Data as of 30 September 2014 On-going Projects No. of Project Remaining Values MB SDH 21 18,670 TH 3 1,360 Condo 8 4,620 Total 32 24,650 Breakdown by Product Type Breakdown by Brand 1 Life Bangkok Boulevard 3 Bangkok Boulevard 2% 4% 2 Grand Bangko

  10. Slide 10: Revenue from Rental & Services 3Q14 & 9M14

    Revenue from Rental & Services 3Q14 & 9M14  3Q14 : Revenue from Rental & Services 216 MB, 2% growth YoY (3Q13 = 214 MB)  9M14 : Revenue from Rental & Services 636 MB, 3% growth YoY (9M13 = 621 MB) Breakdown Revenue from Rental & Services 621 636 Office Buildings for Rent Land & Technical Buildings

  11. Slide 11: SC 4Q 2014 Outlook

    SC 4Q 2014 OUTLOOK • Confirm the 2014 revenue target 12,000MB – 4Q14 secured revenue 2,482 MB VS target 3,809MB – 4Q14 year-end marketing campaigns • The new office building progress : EIA approved & construction started as planned • Rearrange the launch of Granada Pinklao-Phetkasem & the new condo

  12. Slide 12: Q & A Thank You

    Q&A THANK YOU “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

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