Ratchthani Leasing Public Co., Ltd. · SET:THANI
Ratchthani Leasing Public — FY2024 Earnings Presentation
19 slides from Ratchthani Leasing Public's earnings presentation, Mar 21, 2025
Slide 1: Year End 2024 Performance
THANI Year End 2024 Performance
Slide 2: Presenters
K.Kovit Rongwattanasophon Managing Director Chairman of Executive committee K.Unchan Srisom Senior Vice President of Accounting
Slide 3: Contents
Contents 1 Company Executive Summary 2 Year End 2024 Performance
Slide 4: Company Executive Summary
e Sows aabo Company Executive Summary
Slide 5: Key Development
Key Development Received a SET ESG Rating of “AA” from the announcement of the results of SET ESG Ratings 2023 2023 One of the list of sustainable stocks or Thailand Sustainability Investment (THSI) Best Company Performance 2021 Awards ”A-(Stable)”company rating from TRIS Rating The Company increase
Slide 6: Automotive Industry Overview
Automotive Industry Overview Passenger Car Sales Record Truck Sales Record 34.25% 14.87% 10.28% 0.28% -15.58% -11.36% -16.01% -23.34% -42.03% -31.02% 31,143 31,230 27,682 292,384 23,197 274,789 265,123 230,794 224,156 16,046 8,914 7,951 72,838 86,028 64,432 7,384 70,795 54,286 6,960 7,587 71,581 7,4
Slide 7: Hire Purchase Breakdown (%)
Hire Purchase Breakdown (%) Truck (69%) Luxury Cars (24%) New Truck (71%) Super Car Hi-End Car Used Truck (29%) Motorcycle (2%) Taxi (1%) Other (4%) Big Bike Taxi Passenger Car Tractor Pick-Up Bus
Slide 8: Year End 2024 Performance
Year End 2024 Performance
Slide 9: Business Plan 2024
Business Plan 2024 swsiaaby Totcithant_Laasing Suet ‘AThanachart Group Corpary TARGET Budget 2024 New Drawdown 18,000MB 16,761 MB Ending Port Receivables Approx. 48,000 MB 45,672 MB NPL Ratio < 3.20% 3.31% Credit Cost < 2.15% 2.19% DE Ratio < 4,00 2.83
Slide 10: Profit and Loss
Profit and Loss 800.83 289.80 511.03 210.86 721.90 286.75 435.15 269.00 166.15 43.46 122.69 (3.41) (2.03) (4.18) 3.92 (1.95) 25.84 (14.41) (33.35) 58.52 73.70 53.77 (12.27) (9.05) (13.99) 10.55 (8.03) 63.56 (28.61) (30.28) (25.74) (30.50) (23.90) 3,668.03 1,171.79 2,496.24 929.36 3,425.60 736.58 2,6
Slide 11: Key Ratio
Key Ratio Koy tana RAO ROE 15.27% 14.65% 10.28% 6.14% ROA 3.50% 3.40% 2.36% 1.50% D/E Ratio 3.26 3.36 3.36 2.83 Net Profit Margin 40.44% 39.45% 27.99% 18.92% Yield 7.04% 6.83% 6.81% 6.63% COF 2.49% 2.40% 2.85% 3.07% Spread 4.55% 4.43% 3.96%) 3.56%) Cost to Income Ratio 17.64% 21.99% 21.50% 28.75% Cr
Slide 12: Assets
Assets Unit : MB +0.8 (7.4) QoQ YoY 640 Loans 719 2,876 5,445 646 912 972 314 2,697 288 3,123 5,491 264 Other 252 233 51,351 Leasing 49,607 48,577 46,466 44,467 Hire Purchase 4Q23 1Q24 2Q24 3Q24 4Q24
Slide 13: Liabilities
Liabilities Borrowing Unit : MB +1.2 (11.3) QoQ YoY Float Rate 0% Short Term Fixed Rate 46% 100% Long Term 54% 4Q23 1Q24 2Q24 3Q24 4Q24 Borrowings Breakdown 24,580 24,431 22,785 21,179 20,144 17,140 17,319 15,153 15,368 16,845 4Q23 1Q24 2Q24 3Q24 4Q24 Short term Borrowing Long Term Borrowing
Slide 14: Profitability & Total Income
Profitability & Total Income Net Profit ROA and ROE Unit : MB ROE ROA 2.50% 2.36% 1.91% 10.83% 1.50% 1,287 10.28% 1.15% 7.88% 0.96% 800 0.62% 6.14% 343 5.07% 255 161 3.66% 80 122 2.40% 4Q23 1Q24 2Q24 3Q24 4Q24 12M23 12M24 4Q23 1Q24 2Q24 3Q24 4Q24 12M23 12M24 Total Income 929 867 191 227 227 203 3,66
Slide 15: Interest Income & Expenses
Interest Income & Expenses Interest Income and Interest Expenses Yield, Cost of Fund, and Spread Unit : MB Spread Cost of Fund Yield 3,668 3,362 6.63% 6.75% 6.64% 6.55% 6.57% 6.81% 6.63% 3.02% 3.07% 3.14% 3.15% 3.13% 2.85% 3.07% 913 885 847 1,172 1,210 829 801 319 316 308 296 290 3.62% 3.67% 3.50% 3
Slide 16: Operating Expenses
Operating Expenses Operating Expenses Cost to Income Ratio Unit : MB Cost to Income Ratio +25.9 +64.0 QoQ YoY 868 737 39.72% 30.95% 28.75% 287 228 23.49% 21.50% 175 187 166 22.34% 21.75% 4Q23 1Q24 2Q24 3Q24 4Q24 12M23 12M24 4Q23 1Q24 2Q24 3Q24 4Q24 12M23 12M24 Operating Expense
Slide 17: Expected Credit Loss
Expected Credit Loss ECL Credit Cost Credit Cost Unit : MB (33.7) (30.6) QoQ YoY 3.19% 1,112 2.83% 1,048 2.19% 2.23% 2.06% 1.95% 1.35% 386 404 263 268 177 4Q23 1Q24 2Q24 3Q24 4Q24 12M23 12M24 4Q23 1Q24 2Q24 3Q24 4Q24 12M23 12M24
Slide 18: NPLs and Allowance for ECL
NPLs and Allowance for ECL NPL NPL Ratio and Coverage Ratio Unit : MB (16.3) (9.1) NPL Ratio Coverage Ratio QoQ YoY 111.01% 97.21% 95.49% 92.46% 92.74% 1,875 1,726 1,719 1,741 1,569 3.19% 3.29% 3.41% 3.80% 3.31% 4Q23 1Q24 2Q24 3Q24 4Q24 4Q23 1Q24 2Q24 3Q24 4Q24 (4.1) (12.8) Total Loans QoQ YoY 52,38
Slide 19: Thank You
—a— _—' S1WS1lUAadGV Ratchthani Leasing A Thanachart Group Company THANK YOU Tris. A- SETO RATING
Ratchthani Leasing Public — FY2024 Earnings Presentation on 6ix