press release 2q 2014 final 2 - samartcorp.com
TRANSCRIPT
1
Samart GroupSamart Group
-- 2Q 2014 2Q 2014 --
2Q/14 Consolidated Performance
� Rev.
� NP
6,562 MB
412 MB
2Q/14
5,585 MB
368 MB
(Restated)2Q/13
� Rev.
� NP
2,299 MB
176 MB
2Q/13
� Rev.
� NP
3,492 MB
290 MB
2Q/14
2,636 MB
256 MB
2Q/13
���� 18%
% Change YoY
���� 12%
���� 29%
% Change YoY
% Change YoY
���� 32%
���� 13%
1,629 MB
187 MB
2Q/14
���� 6%
2Q/14 Net Profit
Net Profit
Net Profit
2Q/14 2Q/13 %Change
412 368 ▲ 12%
Million Baht
Net Profit
2Q/14 Net Profit
Net Profit
2Q/14 2Q/13 %Change
290 256 ▲ 13%
Million Baht
21
84 92105
91105
93114 120
255 263
153
193
261
196 187210
224
176
221
192
258
0
100
200
300
1Q
2009
2Q
2009
3Q
2009
4Q
2009
1Q
2010
2Q
2010
3Q
2010
4Q
2010
1Q
2011
2Q
2011
3Q
2011
4Q
2011
1Q
2012
2Q
2012
3Q
2012
4Q
2012
1Q
2013
2Q
2013
3Q
2013
4Q
2013
1Q
2014
2Q
2014
Million Baht
Net Profit
2Q/14 Net Profit
Net Profit
2Q/14 2Q/13 %Change
187 176 ▲ 6%
7
Mobile MultimediaMobile MultimediaMobile MultimediaMobile Multimedia
7
Un
it H
an
dse
ts S
ale
s
8
4,500,000
4,000,0003,794,388
4,122,1674,279,996
3,851,8663,648,974
2009 2010 2011 2012 2013E 2014F 2014 Revised
Ble
nd
ed
Av
era
ge
Se
llin
g P
rice
Ha
nd
se
t U
nit
Baht
1,077,017
1,297,654
Mobile Multimedia: Handset Businessi-Mobile brand and other brands
9
Units
Continuously increased in the number of smart phone unit sold
Mobile Multimedia: Handset Businessi-Mobile Handset Sales
893,564 1,015,411 871,120 1,006,323 1,077,018 1,303,162
IQ X OKU
• 5” FHD
• Quad Core 2.26 GHz
• Font Cam 1.2 MP
• Back Cam 13 MP
• Water Proof
• Smart Sonic Receiver
IQ X Ken
• 5” FHD
• 8-Core 1.7 GHz
• Front Cam 8 MP
• Back Cam 22 MP
• Super Bright LCD
with full lamination
IQ X OCCO
• Android OS 4.4
• 5” FHD
• 8-Core 2 GHz
• Front Cam 8 MP
• Back Cam 18 MP
• OIS Technology
(VDO)
IQ 1.2 I-Style 7.6
• Android OS 4.2
• 4.5” FWVGA
• Quad Core 1.3 GHz
• Front Cam 2 MP
• Back Cam 5 MP
• Dual Microphone
I-Style 2.6
฿16,900 ฿12,500 ฿9,900
฿3,790
17 models were launchedin 2Q 2014
10 Models were smart phone
5 Models were smart phone with DTV
2 Models were feature phone
• 4.5.” QHD
• Quad Core 1.2 GHz
• Front Cam 5 MP
• Back Cam 12 MP
• Android 4.3
฿4,590
• 4” WVGA
• Quad Core 1.2GHz
• Front Cam VGA
• Back Cam 5 MP
• Android 4.3
• High Download
Speed 21 Mbps
฿2,990
Mobile Multimedia: Handset Business
New Product Highlight in 2Q/2014
Mobile Multimedia: Handset Business
IQ 6.7 DTV
• 5.5” HD
• Full Lamination
• Quad Core 1.7 GHz
• Front Cam 8 MP
• Back Cam 18 MP
• MHL Supported
IQ 6.8 DTV
• 5.0” HD
• Quad Core 1.2 GHz
• Front Cam 13 MP
• Back Cam 15 MP
I-Style 7.8 DTV
• 4.5” FWVGA
• Quad Core 1.2
• Front Cam 5 MP
• Back Cam 5 MP
• Dual Microphone
(Noise Cancellation)
I-Style 7.7 DTV
• Android OS 4.2
• 4.0” WVGA
• Quad Core 1.2GHz
• Front Cam 2 MP
• Back Cam 5 MP
฿7,990 ฿6,290
฿4,490
฿3,7906,040
105,071104,932
3,771
4,194
3,719
-
40,000
80,000
120,000
April May June
2,000
2,500
3,000
3,500
4,000
4,500
Unit sold ASP
Unit Baht
Launched in May 2014
Mobile Multimedia: Handset Business
Digital TV Coverage (1st Phase)
No. 1st phase Date
1 Bangkok
2 Nakorn-Ratchasrima
3 Chiangmai
4 Songkla
5 Ubonratchathani
6 Suratthani
7 Rayong
8 Singburi
9 Sukhothai
10 Khonkhan
11 Udonthani
1-Apr-14
1-May-14
1-Jun-14
Source: https://broadcast.nbtc.go.th/TVDigital/TVDigitalCoverage
Covered 50% nationwide
Mobile Multimedia: Handset Business
Source: https://broadcast.nbtc.go.th/TVDigital/TVDigitalCoverage
Digital TV Coverage (1st Phase)
Mobile Multimedia: Handset Business
1.) Optical Image Stabilization Camera (OIS)
New Technology Highlight in 3Q/2014
Mobile Multimedia: Handset Business
Reduce motion blur
2.) 4-megapixel camera with UltraPixel
New Technology Highlight in 3Q/2014
Mobile Multimedia: Handset Business
Bigger Pixel provides superior in low light.
17
ICT SolutionsICT SolutionsICT SolutionsICT Solutions
End of 2Q Y2014 : Recurring Revenue
Million Baht
39.5%
15.4%
14.9%
22.6%21.8%
27.9%
26.9%30.7%
32.5%
30.1%
30.0%
37.9%
35.5%
48.1%
Recurring Non-Recurring
End of 2Q Y2014 : Remain High Backlog
3,002
5,261
3,741
10,1439,694
7,550
5,524
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
2008 2009 2010 2011 2012 2013 Q2-2014
SAMTEL Backlog
Million Baht Current BacklogEnd of Y14Q2
ERP Projects
SchoolNetExtension
CUTE Outsource (BKK, HKT,etc.)
AMRPhase II, MA P.1
Land & MapInfo Center
(E-title Deeds)
2Q Y2014 : Projects Status
Project preparation and bidding process
Win and awaiting for project signing
2Q Y14 Project signed1111
44
7070
PEADCR
MOJNetwork
Equipment
PTTSCPC
CATDWDM
TOTMSAN & DWDM
Y2014 : Potential Projects
1Q & 2Q Y2014 3Q & 4Q Y2014 Y2015 Y2014-15
Backlog High Potential High Potential Total Potential
5,524 MB
17,000 MB
> 20,000 MB >40,000 MB>40,000 MB
AOT APPS
TOTSchoolNet
CATDWDM
PEASmart
Grid
SCHComm.System
MOESmart
Classroom
BMADTRS
GIS
AOTCUTE,/CUSS
PEA ERP, AMR
MOTSRT
Digital TVCH5 / PRD
MOIDOL
2H Y2014: Opportunities Arise
Economic : Gear Rolling
New Government Assorting
Transportation Infrastructure Approved
23
Contact CenterContact CenterContact CenterContact Center
24
Contact Center: 1st day trade on 15 May 2014
25
Financial Performance
Contact Center
Million Baht
2Q/14 Projects Signed
Total Value = 613 MB
• SSO 510.90 MB
• PEA 18.66 MB
• Bangkok Airways 9.45 MB
• Aegon 63.46 MB
• Pruksa 11.20 MB
Project Backlog
• Backlog (as of 2Q/2014) =
1,327 MB
26
Contact Center:New Opportunity in CLMV Market
Set up the new office in Cambodia in 1Q/2014
27
NonNonNonNon----listed Businesslisted Businesslisted Businesslisted Business
Related Technology
28
:
:
Many projects will tender in 2H/2014
New Digital TV Opportunity
Subsidized coupon by NBTC
Related TechnologySamart Engineering: Digital TV Opportunity
29
30
22 .9 million households
1.8xAverage TV/ household
41 millionTVs in Thailand
41 million televisions in Thailand
xx ==Source: AC Nielsen
22.9 million subsidized coupons by NBTC
690 Baht
• Coupon price 690 Baht
• Can be used to buy either digital TV Set-Top-Box or a TV set with digital TV tuner.
• The first 11 million coupons are going to distribute in mid-September.
Related TechnologySamart Engineering: Digital TV Opportunity
The Digital switch will be the new catalyst
Related TechnologySamart Engineering: Digital TV Opportunity
31
Our Strengths
� >50 Years of Experiences*ตลอด 50 ป เราผลติเสาอากาศมาแลวกวา 50 ลานชุด
� High Quality & User Friendly
� Product Varieties, Covering all Locations
Related TechnologySamart Engineering: Digital TV Opportunity
32
Set Top Box
Related TechnologySamart Engineering: Digital TV Opportunity
33
Antenna
In door On vehicle
Out door
Related TechnologySamart Engineering: Digital TV Opportunity
34
Our Strong Distribution
Kiosk in i-mobile Shop
& Dealers
ModernTrade
DirectSales
Utilities & Transportations
35
1,200 MB Backlog on Radar Project
+ 470 MB Potential on System Expansion :
: Potential projects value over 10,000 MB from
EGAT, PEA & MEA
Backlog (end of 2Q/14) = 2,030 MB
2H/2014 Key Catalyst
36
:
:
:
:
Related Technology
:
Series of new projects ahead
Sales of i-Mobile smart phone
CLMV opportunity
Good projects flow ahead
Sales of Digital TV STB
Interim Dividend
37
0.42 Baht
0.06 Baht
0.25 Baht
0.11 Baht