SiamEast Solutions Public Co. Ltd. · SET:SE
SiamEast Solutions Public — Q2 2023 Earnings Presentation
35 slides from SiamEast Solutions Public's earnings presentation, September 2023
Slide 1: Q2'23 SET Opportunity Day
SIAMEAST SOLUTIONS PUBLIC COMPANY LIMITED Q2’ 23 SET OPPORTUNITY DAY Tl SEPTEMBER 2023 © (O) TARGET GLOBAL
Slide 2: Agenda
01 SE HIGHLIGHT 2023 SE 02 SE BUSINESS OVERVIEW 03 SE MANAGEMENT 04 SE FINANCIAL PERFORMANCE AGENDA 05 SE BUSINESS STRATEGIES AND GROWTH DIRECTION 06 Q&A
Slide 3: SE Highlight 2023
SE HIGHLIGHT 2023 SE 30 Year Anniversary New High PTU-SE-UBA MOU Business Development Revenue and Backlog “30 years anniversary” This year New high in Revenue with 6.94% PTU – SE – UBA MOU was held 19 Under the concept of increasing group strategy focuses on YoY higher with 290.22 Million JAN 2023 t
Slide 4: SE Vision Mission Values
SE VISION MISSION VISION MISSION VALUES Solutions Excellence Emphasis on providing efficient FAST Provides industry excellence and fast products and services. for all stakeholders. Create investment opportunities and add value to shareholders. customers and employees FAST SERVICE ACTION SYNERGY TECH
Slide 5: SE ESG
SE ESG Wastewater Treatment Anti-Corruption Successful Risk Efficiency and Effective Management Governance Accountability Inclusiveness Integrity Participation and Legal Abidance Corporate Citizenship Transparency “Our Commitment to ESG Mirrors Our Commitment to The World."
Slide 6: SE Business Overview
SE BUSINESS OVERVIEW
Slide 7: SE History
SE HISTORY 1993 2015 2017 2021 The company acquired 2023 Siamrajathanee (East) The company achieved The company entered the Stock Kessel (Thailand) Co.,Ltd with 92.28% Started Utility and Power BU investment in register capital. Co.,Ltd was establish ISO 9001:2008. Exchange Market in Thailand as fut
Slide 8: SE Business Structure
\) SE BUSINESS STRUCTURE MANUFACTURER AND FABRICATOR 99.99% 28.60% ENVIRONMENTAL MANAGEMENT
Slide 9: SE Ecosystem
SE ECOSYSTEM QD MANUFACTURER AND FABRICATOR Kessel (Thailand) Co.,Ltd.” ‘Ono and only Manufucturer and I ‘of Teflon lining ir SL EAST TRADING AND SERVICES SiamEast Solutions Public Company Limited Leading industrial Equipment and Service Solutions provider with over 4600 customers ENVIRONMENTAL Eiea
Slide 10: SE Product Mapping
SE PRODUCT MAPPING SOLAR WASTE WATER SOLUTIONS MANAGEMENT INNOVATIVE PROCESSES AND MATERIAL PIPING SYSTEMS PUMPING SERVICE SYSTEM BUSINESS TECHNOLOGY
Slide 11: SE Product Mapping
SE PRODUCT MAPPING SOLAR SOLUTIONS WASTE WATER MANAGEMENT
Slide 12: SE Product Mapping: Pumping System Technology
SE PRODUCT MAPPING PUMPING SYSTEM TECHNOLOGY
Slide 13: SE Product Mapping: Processes and Piping Systems
SE PRODUCT MAPPING PROCESSES AND PIPING SYSTEMS
Slide 14: SE Product Mapping: Innovative Material
SE PRODUCT MAPPING INNOVATIVE MATERIAL
Slide 15: SE Product Mapping: Service Business
SE PRODUCT MAPPING SERVICE BUSINESS
Slide 16: SE Management
SE MANAGEMENT
Slide 17: Management Team
MANAGEMENT TEAM WASU PORNCHAI MUKDAMANEE TANTISUNTHARODOM COMMERCIAL SUPPORT DIVISION MANAGER CHIEF OPERATING OFFICER ORASA VIMOLCHALAO CHIEF EXECUTIVE OFFICER KIRK LEEKASEM DEPUTY CHIEF EXECUTIVE OFFICER NITKAMON WONGPIPAT ACTING CHIEF FINANCE OFFICER
Slide 18: SE Financial Performance
SE FINANCIAL PERFORMANCE
Slide 19: SE Revenue
SE REVENUE REVENUE NET PROFIT Q2 /. 2022 Q2 /. 2022 Q2 /. 2023 Q2 /. 2023 135.23 MB 157.31 MB 14.06 MB 15.12 MB + 22.08 MB + 1.06 MB + 16.32 % + 7.53 % 1H /. 2022 1H /. 2023 1H /. 2022 1H /. 2023 271.38 MB 290.22 MB 27.53 MB 26.91 MB + 18.84 MB - 0.62 MB + 6.94 % - 2.20 %
Slide 20: SE Revenue: Sales Breakdown 1H/2023
SE REVENUE PUMP SYSTEM TECHNOLOGY 44.78 MB 15.43% PROCESSES AND PIPING SYSTEMS 117.70 MB 40.55% TOTAL REVENNUE 290.22 MB INNOVATIVE MATERIAL 64.31 MB SALES BREAKDOWN 22.16% 1H/2023 SERVICE BUSINESS 46.39 MB 15.98% UTILITY AND POWER 17.05 MB 5.88%
Slide 21: SE Income Statement 2020 - 2023
SE INCOME STATEMENT 2020 - 2023
Slide 22: SE Sales Breakdown 2021 – 1H/2023
SE SALES BREAKDOWN 2021 – 1H/2023 2021 2022 Q2/2022 Q2/2023 1H/2022 1H/2023 SALES BREAKDOWN MILLION MILLION MILLION MILLION MILLION MILLION % % % % % % THB THB THB THB THB THB PUMPING SYSTEM TECHNOLOGY 102.38 20.96% 113.31 18.71% 24.56 18.23% 18.76 12.07% 51.81 19.09% 44.78 15.43% PROCESSES AND PIPI
Slide 23: Unit : Million Unit : Million Unit : Million
Unit : Million Unit : Million Unit : Million Unit : Million
Slide 24: SE Sales Growth & Profitability Margin
SE SALES GROWTH & PROFITABILITY MARGIN Unit : Million = = Gross profit margin —— Gross profit 18.00 16.00 14.00 12.00 10.00 8.00 6.00 4.00 2.00 0.00 1H 2021 1H 2022 UTILITY AND POWER H2023 15.08% Q2 2021 Q2 2022 15.08% Q2 2023 16.00% 14.00% 12.00% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00%
Slide 25: SE Statement of Financial Position
SE STATEMENT OF FINANCIAL POSITION 2022 1H/2023 Financial Information Unit : Million THB Unit : Million THB CURRENT ASSET 276.86 258.87 TOTAL ASSETS 557.13 540.80 CURRENT LIABILITIES 110.08 100.30 TOTAL LIABILITIES 157.33 139.13 EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY 396.17 396.87
Slide 26: SE Asset
SE ASSET Unit : Million 600.00 488.16 557.13 540.80 0.21 4.22 0.23 0.18 40.01 0.49 4.56 500.00 4.20 40.66 29.83 0.54 29.01 44.98 0.66 28.57 400.00 198.25 199.68 184.24 300.00 3.39 0.04 0.00 3.39 75.59 3.86 85.38 3.86 200.00 64.79 3.86 100.39 100.00 95.51 120.56 100.88 61.16 52.89 0.00 2021 2022 1H 2
Slide 27: SE Liabilities
SE LIABILITIES Unit : Million 180.00 155.15 157.33 160.00 139.13 140.00 27.06 47.25 120.00 38.82 100.00 80.00 60.00 40.00 128.09 110.08 100.30 20.00 - 2021 2022 1H 2023 Current liabilities Non - Current liabilities
Slide 28: SE Financial Ratios
SE FINACIAL RATIOS D/E ROA 0.5 0.47 0.39 20 15.67% 0.4 0.35 15.52% 0.33 0.31 15 10.05% 0.3 9.74% 9.9% 10 0.2 0.1 5 0 0 2019 2020 2021 2022 1H 2023 2019 2020 2021 2022 1H 2023 Liquidty ROE 2.78 3 2.52 20 18.36% 17.54% 2.58 2.5 2.33 15 2 1.73 10.94% 11.55% 10.01% 1.5 10 1 5 0.5 0 0 2019 2020 2021 2022
Slide 29: SE Backlog
SE BACKLOG END Q3 1H/2022 YEAR END/2022 1H/2023 231.24 MB 202.31 MB 247.33 MB
Slide 30: SE Business Strategies and Growth Direction
SE BUSINESS STRATEGIES AND GROWTH DIRECTION
Slide 31: Key Strategies and Direction of SE
Key STRATEGIES AND DIRECTION OF SE FOCUS ON BOTTOM LINES PRODUCT DEVELOPMENT BUSINESS CHAIN + M&A OPPORTUNITY IN CRISIS VALUE ADDED Bottom Line or Net Profit or Selling New Products to Existing Business Chain and/or Networking During 1st half of 2023, there was a Profitability is the Key Success Str
Slide 32: SE Brands
SE BRANDS A, | 30SE aif etun LOGTITE. NORPRO TruLSArecocn oe) ANGUIL dire ((7aR=S D> SM Eoin A Unit of IDEX Corporation OnarwarD = AMwmrsmey = GASCO <“armacell PAHNKE WEeDUko gs WERNERT-PUMPEN 2% GRUNDFOS’ “4 ‘grdn-pumpen S 5 & ; —— at sateyistrite — SL (3 Garo @. ro Ing WW-018,, WWW.SYLERPIPE.COM W
Slide 33: SE Customer Segment
SE CUSTOMER SEGMENT 2021 CUSTOMER SECMENT (488mb) 2022 CUSTOMER SECMENT (605mb) 2023 CUSTOMER SECMENT (290mb - 1H 2023)
Slide 34: Industry Trend
INDUSTRY TREND Opportunities and Strengths • After election can see increase in private and public investments • EEC expansion seen clearly which is near to SE Location • SE Diversify customer segment • 2024F consumption increase as GDP increase Risks • Currency risks EUR, USD, JPY • Losing of dea
Slide 35: Siameast Solutions Public Company Limited
5p . SIAM fa ANNIVERSARY __ SOLUTIONS EXCELLENCE SIAMEAST SOLUTIONS PUBLIC COMPANY LIMITED
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