East Coast Furnitech Public Co., Ltd. · SET:ECF
East Coast Furnitech Public — Q2 2020 Earnings Presentation
34 slides from East Coast Furnitech Public's earnings presentation, September 2020
Slide 1: East Coast Furnitech Public Company Limited
ECF EAST COAST FURNITECH PUBLIC COMPANY LIMITED
Slide 2: Opportunity Day September 2020
Opportunity Day ECF East Coast Furnitech Public Company Limited September 2020
Slide 3: Presentation Agenda
Presentation Agenda Company Overview Financial Performance Business Strategy Q&A 3
Slide 4: ECF Stock and Performance Overview
Company Overview ECF Stock and Performance Overview Listed Market For Alternative Investment (mai) Registered Capital Baht 299.16 million or USD 9.56 million Paid Up Capital Baht 239.87 million or USD 7.67 million with a par value of Baht 0.25 1st Trading Day 26 March 2013 CGR 2019 Market Cap. (as o
Slide 5: Business Structure
Business Structure • VV-Décor: VV Décor Co.,Ltd. The distributor of foil paper • ECFH: ECF Holdings Co.,Ltd. Investor for other businesses 99.95% 75.00% 99.99% 57.00% • ECF-P: ECF Power Co.,Ltd. Trading Company ECFH Investor for renewable energy business • PNB: Planet Board Co.,Ltd. Seeking for the
Slide 6: Furniture Business
Furniture Business 6
Slide 7: Company Overview (cont.)
Company Overview (cont.) Main Customers: Oversea 63% verview Domestic 37% The main business of ECF is furniture manufacturer, wholesaler and also distributor both domestic and international in all kinds of furniture and related materials. Furniture Products: • Particle Board • Rubber Wood Other Busi
Slide 8: ECF Factory 1
Company Overview (cont.) ECF Factory 1 Warehouse Warehouse F2 Mate rial F4 F1 F4 F7 F3 Showroom Klaeng, Rayong : Factory for particle board furniture (Total area 43 rai) 8
Slide 9: ECF Factory 2
Company Overview (cont.) ECF Factory 2 Production Line Sawn Sawn Timber Timber WH Foil Paper Maintenance building Wangchan, Rayong : Factory for rubber wood furniture and foil paper (Total area 54 rai) 9
Slide 10: ECF Marketing Office and Warehouse
Company Overview (cont.) ECF Marketing Office and Warehouse Lamlukka Klong 5, Pathumthani : Marketing office and warehouse for showroom and dealers (Total area 2 rai) 10
Slide 11: Our Products
Company Overview (cont.) Our Products 11
Slide 12: Energy Business
Energy Business 12
Slide 13: Minbu Project Solar Power Plant
Company Overview (cont.) Minbu Project Solar Power Plant • Project : Solar Power Plant 220 MW • Company : Green Earth Power (Thailand) Co.,Ltd. • Location : Magway Region, Myanmar • Invested by : ECF Power (as ECF’s subsidiary) at 20% of total shares • COD : 27 September 2019 (First 50MW), totaling
Slide 14: Minbu Project Overview
Company Overview (cont.) • Project Overview Project Name 220MW DC Minbu Solar Power Project (170 MW AC) Location Minbu District, Magway Region, Myanmar Capacity 220 MW DC (Phase I – III: 50 MW DC each, Phase IV: 70 MW DC ) Construction 48 months with target completion date of November 2021, for 4 Ti
Slide 15: Minbu Solar Power Plant Phase 1 (50 MWDC)
Company Overview (cont.) 220 MWDC Minbu Solar Power Plant Phase 1 (50MWDC)
Slide 16: 230kV Substation of Minbu Solar Power Plant
Company Overview (cont.) 230kV Substation of Minbu Solar Power Plant
Slide 17: 230kV Substation of Minbu Solar Power Plant
Company Overview (cont.) 230kV Substation of Minbu Solar Power Plant
Slide 18: Existing Shareholders: Minbu Project
Company Overview (cont.) Existing Shareholders : Minbu Project Mr. Aung Mr. Supasit (Sean) 50% 50% Sponsors 100% Planet Energy (SG) 100% 6.72% META Corporate East Coast Furnitech Scan Inter ECF Power Shareholder Level Noble Noble Planet (SG) Planet (SG) META (TH) (TH) Scan Inter PCL QTC Global Power
Slide 19: GEP to be listed on mai
Company Overview (cont.) GEP is going to be the listed company on the Market for Alternative Investment (mai) Page 19
Slide 20: Foil Paper and Service Business
Foil Paper and Service Business 20
Slide 21: Company Overview (cont.)
Company Overview (cont.) Page 21
Slide 22: Company Overview (cont.)
Company Overview (cont.) Page 22
Slide 23: Presentation Agenda
Presentation Agenda Company Overview Financial Performance Business Strategy Q&A 23
Slide 24: Financial Highlight
Financial Highlight 1,290,90 1H.2020 Total Revenue -11.53% YoY Unit : MB Baht 587.69 million Total Revenue Q2.2020 Total Revenue Baht 293.33 million Sales Portion Export 63% Domestic 37% 1H Domestic Sales -24.51%, Baht 209.34 million 359,44 305,19 293,33 339,79 278,82 1H Export Sales +0.34%,
Slide 25: Financial Highlight (cont.) Cost and Expenses
Financial Highlight (cont.) Cost and Expenses Comparing to % of total revenue Unit : MB 25
Slide 26: Financial Highlight (cont.) Net Profit
Financial Highlight (cont.) Net Profit (Separate) Furniture Business : Net Profit (ECF’s Portion) *Consolidated* Unit : MB 1H.2020 Net Profit -59.31% YoY 40,29 Baht 12.01 million Net Profit (Consolidted) Furniture Business + all subsidiaries: 19,03 1H.2020 Net Profit ECF’s Portion) -46.08% YoY 16,93
Slide 27: Financial Highlight (cont.) Financial Position
Financial Highlight (cont.) Unit : MB Financial Position as of Unit : MB Assets Financial 31.12.2018 31.12.2019 30.6.2020 Highlight Assets 3,590.97 3,348.31 3,901.55 Liabilities 2,136.56 2,106.63 2,669.11 Equity 1,454.41 1,241.68 1,232.44 Liabilities Shareholders’ Equity
Slide 28: Presentation Agenda
Presentation Agenda Company Overview Financial Performance Business Strategy Q&A 28
Slide 29: Business Strategy
Business Strategy Marketing Strengthen Solar Power Focus on IT situation Plant, and Myanmar Technology Sales Order Factory Phase 2 3 & 4 Online Marketing Export Experience Accelerating for the Development of the Domestic Costs & Expenses construction of 2 3 & 4 Application for Sales and Customer Div
Slide 30: Customer Diversification
Customer Diversification Others Year 2019 Others Year 2020 Dealer 7% Dealer 7% 8% 7% Japan Hypermarket 46% Hypermarket Japan 24% 27% 55% China/USA 2% China/USA India India 1% 9% 7%
Slide 31: The Situation of the 3rd quarter for furniture business
The Situation of the 3rd quarter for furniture business under Source : https://www.vectorstock.com/
Slide 32: Presentation Agenda
Presentation Agenda Company Overview Financial Performance Business Strategy Q&A 32
Slide 33: Q&A
Q&A 33
Slide 34: Thank You
East Coast Furnitech PCL. Thank You Investor Relations +662-152-7301-4 ext.212 or 202 ir@eastcoast.co.th www.eastcoast.co.th 34
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