phol oppday 57q4
TRANSCRIPT
PHOL DHANYA PUBLIC COMPANY LIMITEDOpportunity Day FY2014
March 18, 2015@ SET
2
Company Overview
FY2014 Financial Performance
FY2015 Business Strategy3
Content
3
Company Overview
FY2014 Financial Performance
FY2015 Business Strategy3
Content
4
Company Background
• Start in 1979, Main Business is the distributors of Occupational Safety, Health, and Environment Products and expanded to Water Treatment Business in 2009
• Listed on MAI with Symbol “PHOL” in 2010• Registered Capital 162 Million Baht, 162 Million common share with a par value of Baht 1.00• Received SET Awards for Top Corporate Governance Report for 2012-2014
1979
Started business in Occupational Safety, Health,
and Environment Products
2008
Registered as Public Company
Limited
2009
Expanded to Water Treatment
business
2010
Listed on MAI with Symbol
“PHOL”
2012
SET Award 2012
“Top Corporate Governance
Report
2013
SET Award 2013
“Top Corporate Governance
Report
2014
SET Award 2014
SET Award of Honor “Corporate
Governance Report”
5
Corporate Business Structure
PHOL DHANYA PUBLIC COMPANY LIMITEDDistributor of Occupational Safety, Health and Environment Products
PHOL PALLADIUM CO., LTD.Distributor of Occupational Safety, Health and Environment Products, focus Government Agencies Customers
PHOL WATER CO., LTD.Distributor and Services provider of Water Treatment Product, Design, Production and Maintenance Service on Water Treatment System
PHOL DHANYA (CAMBODIA) CO., LTD.Distributor and Services provider of Water Treatment Product, Design, Production and Maintenance Service on Water Treatment System in Cambodia
100% 100% 70%
6
1. Occupational Safety, Health, and Environment Products (SAFETY)
2. Control Environment Products (CE)
3. Water Treatment Products (WATER)
Products and Services
7
Occupational Safety, Health, and Environment Products
(SAFETY)
8
Control Environment Products (CE)
9
Water Treatment Products (WATER)
10
1. Occupational Safety, Health, and Environment Products (SAFETY)
2. Control Environment Products (CE)
3. Water Treatment Products (WATER)
Brands
11
House Brands
12
Revenue Structure
SAFETY83%
CE13%
WATER4%
Revenue by Products
End Users65%
Distributors35%
Revenue by Customers
As of December 31, 2014
Automotive19%
Petrochemical18%
Electronic16%
Food13%
Construction12%
Government8%
Pharmaceutical4%
Retail2% Other
8%
Revenue by Industrial Segmentations
13
Company Overview
FY2014 Financial Performance
FY2015 Business Strategy
Content
14
Consolidated Revenue and ProfitM
illion
Bah
t
638719
790 774
200 184 216 202
803
31.23%29.25% 27.69%
30.21%27.79% 26.93% 26.59% 27.24% 27.13%
5.84% 3.99%5.72% 6.53% 5.71%
3.56%5.85%
3.94% 4.81%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
0
200
400
600
800
1,000
1,200
FY2010 FY2011 FY2012 FY2013 1Q2014 2Q2014 3Q2014 4Q2014 FY2014
Revenue Gross Profit Margin Net Profit Margin
15
Revenue By ProductsM
illion
Bah
t
635.04 668.82
105.71 105.1133.12 29.08
773.87 803.01
FY2013 FY2014
SAFETY CE WATER Total Revenue
3.76%
5.32 %
0.57 %
12.20 %
16
Financial PositionM
illion
Bah
t
483.86 488.91 507.96 511.45 550.37
200.65 213.21 215.99 202.75 229.69 283.20 275.70 291.97 308.70 320.68
2.011.77
1.98 2.041.97
0.71 0.78 0.73 0.65 0.71
0.00
0.50
1.00
1.50
2.00
2.50
-
100.00
200.00
300.00
400.00
500.00
600.00
FY2010 FY2011 FY2012 FY2013 FY2014
Asset Liabilities Equity
Current Ratio D/E Ratio
17
Profitability Ratio
39.40
28.86
45.4350.75
38.86
5.84%3.99%
5.72% 6.53%4.81%
13.93%10.40%
15.87% 16.77%
12.27%
12.01%9.42%
12.43% 13.28%9.62%
0%
4%
8%
12%
16%
20%
24%
0
15
30
45
60
FY2010 FY2011 FY2012 FY2013 FY2014
Net Profit Net Profit Margin ROE ROA
Milli
on B
aht
18
Dividend Payment
- Dividend payment policy: Not less than 40% of net profit
0.210.24
0.38
0.240.20
0.24 0.230.20
0.00
0.10
0.20
0.30
0.40
2011 2012 2013 2014EPS Dividend
Dividend Payment
Note : In 2013, Stock dividend at the rate of exiting share : stock dividend = 5: 1 and cash dividend 0.23 Baht/Share : In 2014 – Interim Dividend Payment 0.08 Baht/Share and Annual Dividend Payment 0.12 Baht/Share , waiting for approval at the AGM 2015
Baht
19
Company Overview
FY2014 Financial Performance
FY2015 Business Strategy
Content
20
Industry Overview
ที่มา : เอกสารประกอบการบรรยาย “The Thai Economy and the Economic and Social Development Plan” สถาบนัวิทยาการตลาดทุน
21
Industry Overview
ที่มา : เอกสารประกอบการบรรยาย “The Thai Economy and the Economic and Social Development Plan” สถาบนัวิทยาการตลาดทุน
22
Business Strategy
Control Environment Products
1. Safety Consultants and Solutions Provider
Oil & Gas , Petrochemical and Utility
Occupational Safety, Health, and Environment Products
23
Business Strategy
2. Upstream , midstream and downstream Supply Chain Management
Automotive , Food & Electronic
Control Environment ProductsOccupational Safety, Health, and
Environment Products
24
Business Strategy
3. Cost Leadership
Construction
Control Environment ProductsOccupational Safety, Health, and
Environment Products
25
Business Strategy
4. Professional Safety Solutions
Military , Fire Fighting , Disaster & Epidemic disease
Control Environment ProductsOccupational Safety, Health, and
Environment Products
26
Business Strategy
5. After Sale Service
SCBA , Gas detector and Chemical Suit Service Center
Occupational Safety, Health, and Environment Products
27
Business Strategy
Water Treatment Products
• Water Treatment System• Waste Water Treatment System• Waste Water Recycling System
Products and Services Focus
• Engineering, Procurement and Construction :EPC• Build, Own and Operate : BOO• Operation and Maintenance
28
Business Strategy
Water Treatment Products
Customer Focus
• Industrial• Commercial• Contractor and Dealer
29
New Channel
30
New Channel
Modern Trade
31
1. Occupational Safety, Health, and Environment Products (SAFETY)
2. Control Environment Products (CE)
3. Water Treatment Products (WATER)
FY2015 Growth Target
Total Revenue Average Growth 15-20% up
+ 70%
+ 15%
+ 20%
32
Contact us
Head Office1/11 Moo 3, Lamlukka Rd, Ladsawai, Lamlukka, Pathumthani 12150Tel : 0-2791-0111-112
Rayong Branch155/213 Moo.2, Tubma, Muang Rayong, Rayong 21000Tel : 038-034-011
• Chiangmai Branch47/55-57 Chotana Rd, Chang Phuak, Muang Chiangmai, Chiangmai 50300 Tel : 053-226-811
• Phuket Branch99/9 Moo 4, Vichit, Muang Phuket, Phuket 83000Tel : 076-215-100
Website: www.pdgth.com
Office and Branch
Investor RelationTel : 0-2791-0206Email : [email protected]
Q & A
Thank You