crown asia chemicals...
TRANSCRIPT
CROWN ASIACHEMICALS CORPORATION
Listed with PSE on April 27, 2015
INVESTORS’ BRIEFING May 9, 2018
To be the leading and preferred manufacturerand supplier of world class and innovativethermoplastic, industrial and chemicalproducts.
V I S I O N
MISSION
``To strive for market leadership by offering innovative and technologicallyup-to-date Thermoplastic products that meet or exceed both nationaland international standards ensuring quality, reliability, and value for moneyfor our customers and upholding a nurturing environment for our employees,while managing the business professionally with integrity providing goodreturn to our shareholders.’’
CITATIONS
Financial Times Top 1000 High Growth Companies in Asia Pacific
Sharia Compliant Company
PIPE GROUP
COMPOUNDS
DIVISION
PP-R / HDPE
DIVISION
PVC PIPE DIVISION
PVC ROOFING DIVISION
BUSINESS GROUPS AS AT APRIL 30, 2018
Chairman – Walter H. Villanueva
Independent Director – Ernesto Alberto
Independent Director – Marie Therese G. Santos
Independent Director – Bede Lovell Gomez
Director – Eugene H. Lee Villanueva
Director – Tita P. Villanueva, CPA
Director – Nicasio T. Perez
Director – Jefferson T. Sy
Director – Derrick P. Villanueva
BOARD OF DIRECTORS
FINANCIAL HIGHLIGHTS
SUMMARY OF INCOME
In Millions (Php) 2015 2016 2017Increase
(decrease)
REVENUES 1,072.84 1,115.98 1,255.30 12.48%
GROSS PROFIT 277.61 298.4 347.98 16.62%
Other Operating Expense 126.74 138.16 179.26 29.75%
OPERATING INCOME
150.87 160.24 168.71 5.29%
INCOME BEFORE TAX 146.35 164.59 167.97 2.05%
INCOME TAX EXPENSE 46.21 50.02 50.88 1.72%
NET INCOME AFTER TAX
100.15 114.57 117.1 2.21%
Earnings per Share 0.17 0.18 0.19
SUMMARY OF FINANCIALPOSITION
65%65%63%
In Millions (Php) 2015 2016 2017Increase
(decrease)
Current Assets 732.1 802.47 790.64 -1.47%
Noncurrent Asset 267.93 342.64 411.88 20.21%
TOTAL ASSETS 1,000.02 1,145.11 1,202.52 5.01%
Current Liabilities 132.64 193.33 148.31 -23.29%
Noncurrent Liabilities 17.47 19.33 33.45 73.05%
TOTAL LIABILITIES 150.11 212.66 181.77 -14.53%
TOTAL EQUITY 849.91 932.45 1,020.75 9.47%
Total Liabilities & Equity 1,000.02 1,145.11 1,202.52 5.01%
SUMMARY OF DIVIDENDS
2016 2017 2018CASH DIVIDENDS PER SHARE
.05 .09 0.09
COMPOUNDS DIVISION
COMPOUND SALES BY APPLICATION
LOCAL SALES VS EXPORT SALES
2015 2016 2017Wires and Cables 80.68% 77.78% 80.49%
Films & Sheets 4.25% 4.24% 3.95%
Bottles 4.88% 7.60% 6.24%
IC Tubes 6.47% 8.59% 8.5%
Others 3.71% 1.79% .82%
COMPOUND SALES BY APPLICATION
PVC/PIPES GROUP
PIPES GROUP SALESBY APPLICATIONS
65%65%63%
2015 2016 2017Sanitary 44.96% 44.54% 46.15%
PPR/HDPE 5.92% 11.51% 12.19%
Electrical 39.15% 34.10% 31.14%
Potable 5.21% 4.99% 5.16%
Watermain 1.83% 2.11% 1.96%
Telecom 0.23% 0.72% .07%
Others 2.72% 2.03% 2.28%
TOTAL 100.00% 100.00% 100%
NOTE: PVC Roof Commercial Operations starts 2018.
PVC/PIPES MARKET CATEGORIES
65%65% TRADE
• DISTRIBUTORS• WHOLESALERS• DEALERS• MODERN TRADE / RETAIL
INDUSTRIAL
• SOLAR POWER PLANTS• SHIPYARD
INSTITUTIONAL
• HOSPITAL/HEALTH INSTITUTIONS• SCHOOLS• HOTELS• CONVENTIONAL CENTER
• MALLS• MIXED USE DEVELOPMENTS• OFFICE/BPO BUILDINGS• SUPERMARKETS• TOWNSHIPS
• EXPRESSWAYS• AIRPORTS• NHA HOUSING • AIRBASE• WATERWORK SYSTEMS• CONVENTION CENTER• RAILWAYS/SUBWAYS
INFRASTRUCTURES/GOV’T
COMMERCIAL
PVC/PIPES MARKET CATEGORIES
65%65%TOURISM RESIDENTIAL
• HOTELS• RESORTS (LEISURE)• RESORT (CULTURAL)
• RESIDENTIAL BUILDINGS• TOWNHOUSES / ROW HOUSES• SUBDIVISIONS
• AyalaLand• Allhome• Federal Land• Citicore Power• Meralco• Filinvest - 100 West / Cyberzone / Vinia• National Housing Authority• Vista Land & LifesCapes Inc.• Megaworld Corporation• SM Development Corporation• SM Prime Holdings• Century Properties• NHA Housing• New San Jose Builders, Inc.• Ortigas & Company
• Shang Properties• 8990 Housing Development Corporation• Eton Properties Philippines, Inc.• Manila Golf & Country Club• Megawide Construction Corporation• Puregold• Robinsons Land Corporation• Robinsons Communities • Robinsons Hotels & Resorts• San Miguel Properties• Splendido Taal – Golf club• San Miguel Company• Sta. Lucia Land Inc.• Solar Philippines
• Starmalls• Suntrust Properties• UniHealth Southwoods /
Paranaque Hospital & Medical Center
• Solaire Resort & Casino• Allied Care Expert Medical
Center.• University of Sto. Tomas • De La Salle University • Medical City• D.M. Consunji, Incorporated• EEI Corporation l Builders of
a better Future
SOME PROJECT CLIENTS SUPPLIED TO…
1. Pursue growth/expansion (geographic and/or product diversification)
2. Expand market segments.
3. Enhance Corporate Governance.
4. Upgrade information Technology.
5. Re-engineer Corporate Organization.
6. Adopt Green Initiatives.
7. Succession planning.
BUSINESS FOCUS
GROWTH AREAS1. PVC Roofing2. New Product/s3. Additional Market Segment in Trade Sales & Projects Sales and modern
Trade / Retail4. Geographic Positioning (Local or Export )5. Business Collaborations6. Capacity Expansion
PROFITABILITY / GROWTH DRIVERS1. Efficiency / Productivity2. Cost Management3. Streamline Systems4. Risks Management against Business disruption5. Aggressive Marketing & Advertising6. Market Visibility
ON GOOD CORPORATE GOVERNANCE
The Board of Directors (BOD) has diversity of membership in terms of gender, age, work
experience, and field expertise (Chemical engineering and/or Chemical Sciences, Accounting &
Finance, controllership, Production, Entrepreneurship and management, Sales and Marketing,
Investments and fund management.
Crown Asia Chemicals Corporation (CACC) practices good corporate governance to
ensure fairness, accountability and transparency with its investors, customers, suppliers, and all
stakeholders.
.
.
• Submitted revised Manual of Corporate Governance to the SEC on May 30, 2017.
• Constituted the Corporate Governance Committee and reconstituted the Audit Committee and Risk
oversight Committee.
• Board-committees are chaired by Independent Director (ID) and majority members are Independent
Directors (3)
• The board conducted Annual performance evaluation of the BOD and Board Committees.
CACC Manual of Corporate Governance, Vision and Mission Statements, CORE Values, Company
Creed (ACE-I) Code of Business Ethics, Policies on whistle blowing and insiders Trading, Risk
Management and Related Parties among others, are incorporated in our website www.crownpvc.com.ph..
ON GOOD CORPORATE GOVERNANCE
CORPORATE SOCIAL RESPONSIBILITY INITIATIVES
65%65%INITIATIVE BENEFICIARY
Rehabilitate shelter and upgrade habitat. Philippine Eagle Habitat restoration and rehabilitation at the Ninoy Aquino Parks and Wildlife Center in Quezon City.
Technical skills at TESDA. Selected scholars from Bulacan
Fund raising partnership with United Architects of the Phil. Manila Maharlika Chapter
“The Child Hope of Asia Philippines”
Support Quezon City Government charity event. Health care to the less fortunate children and in part, for the ‘Adopt-a-Child stricken with Cancer” advocacies of the I Help Foundation of the Childhouse charitable institution.
CROWN ASIACHEMICALS CORPORATION
TITA P. VILLANUEVA
Investors Relations Officer
SUSAN A. MAGALLANES
Asst. Investors Relations Officer