Sahamitr Pressure Container Public Co. Ltd. · SET:SMPC
Sahamitr Pressure Container Public — Opportunity Day 2023
34 slides from Sahamitr Pressure Container Public's conference presentation, Feb 29, 2024
Slide 1: Opportunity Day 2023 Presentation
World Class LPG Cylinder Manufacturer of Thailand Opportunity Day SUSTAINABILITY 2023 Presentation 29 Feb 2024 Presented by :Mrs. Patama Laowong Mr. Jerawut Laowong Ms. Kanya Vipanurut https://www.smpcplc.com SAHAMITR PRESSURE CONTAINER P U B L I C C O M PA N Y L I M I T E D . 92 Soi Thientalay 7 (4
Slide 2: Agenda
World Class LPG Cylinder Manufacturer of Thailand SUSTAINABILITY 1 SMPC Overview ● Company Profile ● Continuous Improvements ● Awards and Recognition ● Products ● International Exhibitions 2 Industry Overview Agenda 3 Financial Highlights 4 Business Outlook 1 Opportunity Day
Slide 3: SMPC Overview: Company Profile
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: Company Profile SUSTAINABILITY “SMPC is a world leading low pressure vessel manufacturer with customers in more than 100 countries” Bangkok, Thailand 2 Opportunity Day
Slide 4: Awards and Recognition 2023: Forbes Asia Best Under A Billion
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: Awards and Recognition Awards and Recognition 2023 SUSTAINABILITY ‘Best Under A Billion 2023’ List by Forbes Asia Magazine 21 November 2023: Ms.Patama Laowong, Deputy Chairman of SMPC attended the Forbes Asia Best Under A Billion Fo
Slide 5: Awards and Recognition 2023: CG Score and SET ESG Rating
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: Awards and Recognition Awards and Recognition 2023 SUSTAINABILITY 31 October 2023: SMPC maintains Excellent CG 5 Scoring for the 4th consecutive year of listed companies under the Corporate Governance Report of Thai List Companies:
Slide 6: International Exhibitions 2024
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: International Exhibitions International Exhibitions 2024 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec SUSTAINABILITY South Africa 5 Opportunity Day
Slide 7: Feedback from our Valued Customers Worldwide
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: Continuous Improvements Feedback from our Valued Customers Worldwide… SUSTAINABILITY In 2023, we have received valuable feedback from our customers in 59 countries worldwide, including from Africa, Asia, Australia & Oceania, Europe,
Slide 8: Key Areas of Recognition
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: Continuous Improvements Key Areas of Recognition SUSTAINABILITY The highest level of trust from our respondents is in the "Product Quality" The 2nd highest factor contributing to a positive experience was good “Customer Service & Co
Slide 9: Some of Our Customers' Testimonials
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: Continuous Improvements Some of Our Customers’ Testimonials SUSTAINABILITY “… SMPC is recognized worldwide as being one of the most important players in the LPG market as a manufacturer of LPG cylinders.” “… Long-term relationship,
Slide 10: SMPC Continuous Improvements
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: Continuous Improvements SMPC Continuous Improvements SUSTAINABILITY Thank you for your sincere feedback with us, we will continue to improve in these key areas… Product Delivery Communication ▪ Providing outstanding products ▪ Colla
Slide 11: Megatrends Towards Sustainability for SMPC
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: Continuous Improvements 5 Megatrends Towards Sustainability for SMPC SUSTAINABILITY Human Development • Employee Upskill & Reskill • Knowledge Management System Digital Transformation • Promote Innovation Culture Human • Paperless:
Slide 12: Wide Range of Product Coverage
World Class LPG Cylinder Manufacturer of Thailand I. SMPC Overview: Products Wide Range of Product Coverage Household LPG Cylinder 0.45 - 300 kg. SUSTAINABILITY (Water Capacity 0.9 – 750 lt.) Automotive LPG Cylinder Cylindrical Autogas Recreational Toroidal Autogas Tanks Vehicles Tanks Tanks Thailan
Slide 13: Agenda: Industry Overview
World Class LPG Cylinder Manufacturer of Thailand SUSTAINABILITY 1 SMPC Overview 2 Industry Overview ● Statistical of Global LPG Agenda ● Global LPG Consumption 3 Financial Highlights 4 Business Outlook 12 Opportunity Day
Slide 14: Statistical of Global LPG
World Class LPG Cylinder Manufacturer of Thailand II. SMPC Overview: Statistical of Global LPG About the Industry Production Consumption SUSTAINABILITY GLOBAL GLOBAL DEMAND IN ASIA IS FORECAST TO PRODUCTION CONSUMPTION LEAD THE WAY INCREASED PRODUCTION INCREASED GLOBALLY OF 3.5% GREW OVER 6.6% OF 3.
Slide 15: Predicted Global LPG Consumption by Region 2010-2030
World Class LPG Cylinder Manufacturer of Thailand II. SMPC Overview: Global LPG Consumption Predicted Global LPG Consumption by Region 2010-2030 SUSTAINABILITY • Predicted global LPG consumption is gradual growth annually, there are opportunities for SMPC to grow in short to intermediate term. • The
Slide 16: % of Population with Access to Clean Cooking Fuels
World Class LPG Cylinder Manufacturer of Thailand II. SMPC Overview: Global LPG Consumption % of Population with Access to Clean Cooking Fuels Access to clean fuels or technologies such as clean cookstoves reduce exposure to indoor air pollutants, a leading cause of death SUSTAINABILITY in low-incom
Slide 17: Household LPG Consumption by Region
World Class LPG Cylinder Manufacturer of Thailand II. SMPC Overview: Global LPG Consumption Household LPG Consumption by Region SUSTAINABILITY Global increase (2021-2022) 0.61%, regional growth in all regions except Europe & Africa Domestic Consumption Growth (2021-2022) by Continents 2022 Domestic
Slide 18: Agenda: Financial Highlights
World Class LPG Cylinder Manufacturer of Thailand SUSTAINABILITY 1 SMPC Overview 2 Industry Overview Agenda 3 Financial Highlights ● Utilization Rate ● Sales Revenue ● Financial Ratios ● Dividend 4 Business Outlook 17 Opportunity Day
Slide 19: Financial Highlights: Utilization Rate
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Utilization Rate Utilization Rate(%) 1Q22 - 4Q23 2018–2023 SUSTAINABILITY Sales Volume Sales Volume (Million Cylinders) Utilization Rate (Million Cylinders) Utilization Rate 2.0 1.9 80% 8.0 90% 1.6 6.9 1.8 7.2 6.9 70% 7.0 8
Slide 20: Sales Revenue by Product Category: 1Q22-4Q23
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Sales Revenue Sales Revenue by Product Category: 1Q22 - 4Q23 SUSTAINABILITY Sales Revenue (Million Baht) 1,800 4Q22 4Q23 1,600 1,534 Others 13% Others 8% 1,400 1,396 1,379 Three-Piece Three-Piece 1,200 1,128 24% 1,036 19% 1
Slide 21: Sales Revenue by Product Category: 2018-2023
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Sales Revenue Sales Revenue by Product Category: 2018 – 2023 SUSTAINABILITY Sales Revenue (Million Baht) 6,000 2022 2023 5,248 Others 11% Others 10% 5,000 4,453 4,550 Three-Piece 4,000 3,973 3,811 Three-Piece 24% 21% 3,256
Slide 22: Sales Revenue by Geography: 1Q22-4Q23
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Sales Revenue Sales Revenue by Geography: 1Q22 – 4Q23 SUSTAINABILITY Sales Revenue (Million Baht) 4Q22 4Q23 1,800 Middle East Middle East 11% Europe 2% 1,600 1,534 Europe 16% 1,396 1,379 Oceania 4% Africa 1,400 Africa 6% 17
Slide 23: Sales Revenue by Geography: 2018-2023
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Sales Revenue Sales Revenue by Geography: 2018 - 2023 SUSTAINABILITY Sales Revenue (Million Baht) 2022 2023 6,000 Middle East Middle East Europe 8% 8% 5,248 2% Europe 5,000 Oceania 4,453 4,550 9% Africa 11% Africa 3,973 3,8
Slide 24: Profitability Ratios 1Q22-4Q23
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Financial Ratios Profitability Ratios SUSTAINABILITY GPM, EBITDA Margin and NPM (%) 1Q22-4Q23 Gross Profit, EBITDA and Net Profit (MB) 1Q22-4Q23 26.8% 28.3% 24.9% 411 21.2% 383 395 23.3% 20.0% 18.7% 344 21.9% 17.8% 290 325
Slide 25: Profitability Ratios 2018-2023
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Financial Ratios Profitability Ratios SUSTAINABILITY GPM, EBITDA Margin and NPM(%) 2018-2023 Gross Profit, EBITDA and Net Profit(MB) 2018-2023 25.7% 24.4% 24.0% 21.2% 20.5% 1,349 19.9% 19.1% 20.1% 16.3% 17.6% 1,094 1,113 15
Slide 26: Efficiency & Profitability Ratios: ROE and ROA
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Financial Ratios Efficiency & Profitability Ratios ROE and ROA(%) SUSTAINABILITY 1Q22-4Q23 2018-2023 39.7% 39.1% 41.4% 33.9% 31.0% 31.5% 32.0% 32.0% 29.8% 23.2% 27.5% 20.9% 26.9% 27.9% 27.2% 24.1% 17.7% 22.7% 24.1% 14.2% 13
Slide 27: Leverage Ratios 1Q22-4Q23
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Financial Ratios Leverage Ratios SUSTAINABILITY IBD* to Equity Ratio, IBD* to EBITDA Ratio(times) Financial Cost(million baht), 1Q22-4Q23 Interest Coverage Ratio(times) 1Q22-4Q23 60 120x 101.2 50 100x 40 68.0 80x 1.5 1.3 1.
Slide 28: Leverage Ratios 2018-2023
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Financial Ratios Leverage Ratios SUSTAINABILITY IBD* to Equity Ratio, IBD* to EBITDA Ratio(times) Financial Cost(million baht), 2018-2023 Interest Coverage Ratio(times) 2018-2023 60 120x 1.3 102.2 50 86.9 100x 1.1 0.9 40 80
Slide 29: Dividend Payment History
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Dividend Dividend Payment History SUSTAINABILITY . 0 0 0 . 0 0 .00 0 30 0. 0 20 0.20 0 0.20 0 Earning Per Share Dividend per Share Dividend Payout Ratio Pending AGM Approval 29 Mar 2024 H1/23 = 0.21 H2/23 = 0.21 28 Remarks:
Slide 30: Dividend Payment Timeframe
World Class LPG Cylinder Manufacturer of Thailand III. Financial Highlights: Dividend Dividend Payment Timeframe SUSTAINABILITY AGM APPROVAL XD RECORD DATE PAYMENT DATE START END 29 Mar 2024 04 Apr 2024 05 Apr 2024 26 Apr 2024 29 Opportunity Day
Slide 31: Agenda: Business Outlook
World Class LPG Cylinder Manufacturer of Thailand SUSTAINABILITY 1 SMPC Overview 2 Industry Overview Agenda 3 Financial Highlights 4 Business Outlook ● Target and Future Growth Strategy 30 Opportunity Day
Slide 32: Target and Future Growth Strategy
World Class LPG Cylinder Manufacturer of Thailand IV. Business Outlook: Target and Future Growth Strategy 2024 Target and Future Growth Strategy SUSTAINABILITY Projected Sales Volume(million cylinders) Projected Utilization(%) Actual Forecast 7.5 6.9 6.8 6.2 70% 68% 75% 5.4 61% 55% 2021 2022 2023 20
Slide 33: Disclaimer
World Class LPG Cylinder Manufacturer of Thailand Disclaimer This document is addressed solely to participants of the meeting for the purposes of their information only and is not to SUSTAINABILITY be distributed, in whole or in part, to any other person without prior written consent of Sahamitr Pre
Slide 34: Thank You
World Class LPG Cylinder Manufacturer of Thailand THANK YOU SUSTAINABILITY 0-2895-4139-54 Info@smpcplc.com h t t p s : / / w w w. s m p c p l c . c o m 33 Opportunity Day
Sahamitr Pressure Container Public Company — Opportunity Day 2023 on 6ix