SNC Former Public Co., Ltd. · SET:SNC

SNC Former Public — Q1 2006 Earnings Presentation

46 slides from SNC Former Public's earnings presentation, May 15, 2006

  1. Slide 1: The Opportunity Day @ Stock Exchange of Thailand

    THE OPPORTUNITY DAY @ Stock Exchange of Thailand May 15, 2006

  2. Slide 2: Agenda

    AGENDA HIGHLIGHTS HIGHLIGHTSOF OFTHE THEYEAR YEARQ1/2006 Q1/2006 OVERVIEW OVERVIEWOF OFTHE THEINDUSTRIES INDUSTRIES FINANCIAL FINANCIALPERFORMANCE PERFORMANCEQ1/2006 Q1/2006 BUSINESS BUSINESSPLAN PLAN2006 2006 FTM FTMPERFORMANCE PERFORMANCE QUESTION QUESTION&&ANSWER ANSWER The Opportunity day@ day@

  3. Slide 3: Highlights of the Q1/2006

    Highlights of the Q1/ 2006 SALES SALESQ1/2006 Q1/2006 535 MILLION THB (37% INCREASED FROM Q1/2005) •AUTOMOBILE PARTS 93.42 MILLION THB (30% INCREASED FROM Q1/2005) •AIR-CONDITIONING PARTS 360.94 MILLION THB (35% INCREASED FROM Q1/2005) •COMPRESSOR PARTS 44.86 MILLION THB (3% DECREASED FROM Q1/2005)

  4. Slide 4: Overview of the Industries

    OVERVIEW OF THE INDUSTRIES (2004-2006) AUTOMOBILE AIR-CONDITIONER COMPRESSOR REFRIGERATOR LAUNDRY MACHINE

  5. Slide 5: Automobile Assembly & Sales (2004-2006)

    AUTOMOBILE ASSEMBLY & SALES (2004-2006) UNIT : 1,000 CARS 1400 Assembly sales % 1200 1125 - 10 8 % 1000 928 21 7% 800 % 703 5- 626 12 600 400 306 170 200 0 YEAR 2004 2005 2006-F 2006-Q1 The Opportunity day@ day@ SET on May 15, 15, 2006 Source: Thai Auto Parts Association

  6. Slide 6: Export: Cars and Automotive Parts (2004-2006)

    EXPORT CARS AND AUTOMOTIVE PARTS (2004-2006) UNIT : MILLION BAHT 450,000 400,000 - 3 0% 350,000 25 294,260 300,000 % 29 250,000 228,382 200,000 150,000 86,844 100,000 50,000 0 YEAR 2004 2005 2006-F 2006-Q1 The Opportunity day@ day@ SET on May 15, 15, 2006 Source: Thai Auto Parts Association

  7. Slide 7: Air-Conditioner Manufacturing & Export

    AIR-CONDITIONER MANUFACTURING & EXPORT (2004-2006) UNIT : 1,000 UNIT 10,000 Manufacturing Export 9,000 3% 15% 7,516 - 8,000 7,404 10 6,903 7,000 6,533 6% 15% - 6,000 10 5,000 4,000 3,000 2,135 1,739 2,000 1,000 0 YEAR 2004 2005 2006-F 2006-Q1 The Opportunity day@ day@ SET Source: The Office of Indus

  8. Slide 8: Compressor Manufacturing & Export

    COMPRESSOR MANUFACTURING & EXPORT (2004-2006) UNIT : THOUSAND UNIT 10,000 Manufacturing 9,000 Export 8,262 % 8,131 0-5 % 8,000 1.6 7,000 % 6,000 0-5 5,000 4,043 4,121 4,000 2% 3,000 2,254 2,000 1,028 1,000 0 YEAR 2004 2005 2006-F 2006-Q1 The Opportunity day@ day@ SET Source: The Office of Industrial

  9. Slide 9: Refrigerator Manufacturing & Export

    REFRIGERATOR MANUFACTURING & EXPORT (2004-2006) UNIT : THOUSAND UNIT 8,000 Manufacturing Export 7,000 -15% 5,950 4% 6,122 10 6,000 5,000 3,970 4,246 - 15% 4,000 % 10 10 3,000 2,000 1,606 1,167 1,000 0 YEAR 2004 2005 2006-F 2006-Q1 The Opportunity day@ day@ SET Source: The Office of Industrial Econom

  10. Slide 10: Laundry Machine Manufacturing & Domestic Sales

    LAUNDRY MACHINE MANUFACTURING & DOMESTIC SALES (2004-2006) UNIT : THOUSAND UNIT Manufacturing Domestic sales 2,500 2,000 1,811 5% 1,728 0% 5-1 1,500 1,000 0 % 5-1 8% 439 407 477 500 122 0 YEAR 2004 2005 2006-F 2006-Q1 The Opportunity day@ day@ SET on May 15, 15, 2006 Source: Bank of Thailand

  11. Slide 11: Financial Performance Q1/2006

    FINANCIAL PERFORMANCE Q1/2006 MR. RATTAPOOM NUNTAPATAWEE

  12. Slide 12: Financial Performance

    FINANCIAL PERFORMANCE KEY KEYOPERATING OPERATINGRESULTS RESULTS KEY KEYFINANCIAL FINANCIALRATIOS RATIOS The Opportunity day@ day@ SET on May 15, 15, 2006

  13. Slide 13: Segment Sales: Overall

    SEGMENT SALES : OVERALL MILLION BAHT 535 600 6% 30 500 390 +37% 45 9% 400 0 -3% 46 12% 300 68% 366 +34% 200 272 70% 100 72 18% +30% 93 17% 0 Q1/05 Q1/06 Automobile Air Condition Compressor Metal Sheet The Opportunity day@ day@ SET on May 15, 15, 2006

  14. Slide 14: EAT

    EAT MILLION BAHT 52.5 60 47.8 + 10% 4.3 50 4.1 40 36.7 30 32.6 20 10 11.1 14.0 0 -2.4 Q1/05 Q1/06 -10 Automobile Air Condition Compressor Metal Sheet The Opportunity day@ day@ SET on May 15, 15, 2006

  15. Slide 15: Liquidity (Current, Quick, Cash)

    LIQUIDITY (Current, Quick, Cash) Time 2 1.28 1.23 1.01 1.01 0.96 0.95 1 Current Current Quick Quick Cash Cash 0 Dec-05 Mar-06 The Opportunity day@ day@ SET on May 15, 15, 2006

  16. Slide 16: Liquidity (A/R, Inven, A/P)

    LIQUIDITY (A/R, Inven, A/P) Days 80 59 56 61 60 51 40 24 25 20 AR INV AP AR INV AP 0 Q1/05 Q1/06 The Opportunity day@ day@ SET on May 15, 15, 2006

  17. Slide 17: ROA and ROE

    ROA and ROE 70% 50% 44% 42% 35% 26% 30% 10% ROE ROA ROA ROE -10% Q1/05 Q1/06 The Opportunity day@ day@ SET on May 15, 15, 2006

  18. Slide 18: EPS

    EPS Baht per share 0.30 0.26 0.24 0.15 EPS EPS 0.00 Q1/05 Q1/06 The Opportunity day@ day@ SET on May 15, 15, 2006

  19. Slide 19: Debt per Equity

    DEBT PER EQUITY Million Baht 800 1.39 1.16 600 1 1 400 200 D E D E 0 Dec-05 Mar-06 The Opportunity day@ day@ SET on May 15, 15, 2006

  20. Slide 20: Debt (interest) per Equity

    Debt (interest) per Equity Million Baht 600 1 1 400 0.44 ` 0.29 200 D E D E 0 Dec-05 Mar-06 The Opportunity day@ day@ SET on May 15, 15, 2006

  21. Slide 21: Profitability (GP, EBIT and EAT)

    PROFITABILITY (GP, EBIT and EAT) 30% 25% 17% 19% 20% 12.3% 14% 9.8% 10% GP EBIT EAT GP EBIT EAT 0% Q1/05 Q1/06 The Opportunity day@ day@ SET on May 15, 15, 2006

  22. Slide 22: EBITDA Margin

    EBITDA Margin Million Baht 150 97 100 79 50 EBITDA EBITDA 20.2% 18.1% 0 Q1/05 Q1/06 The Opportunity day@ day@ SET on May 15, 15, 2006

  23. Slide 23: Business Plan 2006 SNC Group

    BUSINESS PLAN 2006 a Chet SNC GROUP

  24. Slide 24: Business Plan 2006: SNC Group

    BUSINESS PLAN 2006 SNC GROUP 2000 1800 - 45% 1600 40 1400 1,277 MILLION THB 1200 1000 834 800 600 455 400 200 0 2003 2004 2005 2006 The Opportunity day@ day@ SET on May 15, 15, 2006

  25. Slide 25: Business Plan 2006: Automobile

    BUSINESS PLAN 2006 AUTOMOBILE 450 % 400 0-25 335 2 350 MILLION THB 300 250 217 200 148 150 100 50 0 2003 2004 2005 2006 The Opportunity day@ day@ SET on May 15, 15, 2006

  26. Slide 26: Business Plan 2006: Air-Conditioner

    BUSINESS PLAN 2006 AIR- CONDITIONER 1200 1000 0% - 5 759 45 800 MILLION THB 600 482 400 240 200 0 2003 2004 2005 2006 The Opportunity day@ day@ SET on May 15, 15, 2006

  27. Slide 27: Business Plan 2006: Compressor

    BUSINESS PLAN 2006 COMPRESSOR 300 250 200 MILLION THB 151 0% 134 150 100 68 50 0 2003 2004 2005 2006 The Opportunity day@ day@ SET on May 15, 15, 2006

  28. Slide 28: Business Plan 2006: Metal Sheet

    BUSINESS PLAN 2006 METAL SHEET 300 250 200 MILLION THB 150 0 0% 5 0-5 100 4 50 32 0 2005 2006 The Opportunity day@ day@ SET on May 15, 15, 2006 Remark: Production2005 started from Jul-Dec

  29. Slide 29: FTM Performance

    a ce & tk PERFORMANCE

  30. Slide 30: Introduction to FTM

    FRESH-TECH MANUFACTURING CO., LTD. INTRODUCTION TO FTM VISION VISION MISSIONS MISSIONS PRODUCTS PRODUCTS MARKETING MARKETINGSTRATEGIES STRATEGIES FINANCIAL FINANCIAL

  31. Slide 31: Announcement: New Company Establishment

    FRESH-TECH MANUFACTURING CO., LTD. ANNOUNCEMENT NEW COMPANY ESTABLISHMENT On behalf of SNC Former Public Company Limited, which holds 100% of the shares in SNC Pyongsan Evolution Co., Ltd. (SPE), I am pleased to announce the establishment of a new subsidiary company, Fresh-Tech Manufacturing Co., Lt

  32. Slide 32: Vision

    FRESH-TECH MANUFACTURING CO., LTD. VISION THE WORLD-CLASS STAINLESS STEEL APPLICATIONS PROVIDER

  33. Slide 33: Missions

    FRESH-TECH MANUFACTURING CO., LTD. MISSIONS „ SPEED „ FLEXIBILITY „ SUSTAINABLE STAKEHOLDERS’ ADDED VALUE „ TO BE A WORLD-CLASS OEM

  34. Slide 34: Products

    FRESH-TECH MANUFACTURING CO., LTD. PRODUCTS „ The Freshline Gullwing Freezer „ The Freshline IQF Plus Freezer „ Batch Freezer „ Mini-Batch Freezer „ Cryo-Test Chamber „ Food Processing Equipment: Tables, Collector, Conveyors, etc.

  35. Slide 35: The Freshline Gullwing Freezer

    FRESH-TECH MANUFACTURING CO., LTD. The Freshline Gullwing Freezer

  36. Slide 36: Mini-Batch Freezer and Batch Freezer

    FRESH-TECH MANUFACTURING CO., LTD. Mini-Batch Freezer Batch Freezer

  37. Slide 37: Custom made Freezer

    FRESH-TECH MANUFACTURING CO., LTD. Custom made Freezer

  38. Slide 38: Marketing Strategies

    FRESH-TECH MANUFACTURING CO., LTD. MARKETING STRATEGIES „ Being the long-term partner for our customers with our values… “Long-term relationship with trust, transparency, flexibility and mutual benefit ” „ Expanding to new customers in the Global market though the Global sourcing of APCI „ Diversify

  39. Slide 39: Segmentation

    FRESH-TECH MANUFACTURING CO., LTD. SEGMENTATION 1. Cryogenic Freezers 2. Hygienic Equipment for the food manufacturing industries 3. Project or Custom Built stainless steel equipment

  40. Slide 40: Customers

    FRESH-TECH MANUFACTURING CO., LTD. CUSTOMERS „ AIR PRODUCTS’ JOINT VENTURE & SUBSIDARY COMPANIES IN ASIA „ Bangkok Industrial Gas, Thailand „ Air Water Inc., Japan „ APSTB, Malaysia „ APS, Singapore „ NAP, China „ API, Indonesia „ APKI, Korea „ Others „ AIR PRODUCT AND CHEMICAL INC. (APCI) (GLOBAL S

  41. Slide 41: New Target Customers

    FRESH-TECH MANUFACTURING CO., LTD. NEW TARGET CUSTOMERS OTHER WORLD WIDE ORIGINAL BRANDS „ EUROPE „ JAPAN

  42. Slide 42: Sales Forecast 2006-2010

    FRESH-TECH MANUFACTURING CO., LTD. SALES FORECAST 2006-2010 100 Million THB 50 0 2006 2007 2008 2009 2010 Year

  43. Slide 43: The Other Business Opportunity Forecast 2006-2010

    FRESH-TECH MANUFACTURING CO., LTD. THE OTHER BUSINESS OPPORTUNITY FORECAST 2006-2010 FOOD PROCESSING EQUIPMENT OTHER FABRICATION SERVICES 10 20 Million THB Million THB 15 10 5 0 0 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010

  44. Slide 44: Business Plan 2006-2010

    FRESH-TECH MANUFACTURING., LTD. BUSINESS PLAN 2006~2010 MILLION BAHT QTR#1 QTR#2 QTR#3 QTR#4 TOTAL PRODUCTS 2007 2008 2009 2010 TOTAL 2006 2006 2006 2006 2006 1 FREEZER 6 8 9 9 32 54 60 60 60 298 FOOD 2 PROCESSING - 10 20 40 80 150 EQUIPMENT OTHER 3 FABRICATION 1 1 1 1 4 2 2 2 2 16 SERVICES TOTAL 7

  45. Slide 45: Thank You

    FRESH-TECH MANUFACTURING CO., LTD. THANK YOU Padej Montburinont

  46. Slide 46: The End

    THE END THANK YOU

SNC Former Public Company — Q1 2006 Earnings Presentation on 6ix