Download - 2013 08 19 Jmart
![Page 1: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/1.jpg)
Photo Album
by Songsak (ทีป่รกึษา Marcom) JAYMART PUBLIC COMPANY LIMITED
Opportunity Day Presentation : H1 2013
The Stock Exchange of Thailand
August 19, 2013
Page 1
![Page 2: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/2.jpg)
Company Structure
• Establish 1988
(25 Years)
• Mobile Retail
• Listed June 25, 2009
• Collection Service
• Debt Acquisition
• Listed Nov 27, 2012
• Property Rental
• Listed Q3, 2014
(Target)
• Establish 2013
• Investment in AEC
Page 2
![Page 3: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/3.jpg)
Thailand Mobile Phone Market Size
12 15 20
30
40
0
10
20
30
40
50
2011 2012 2013 2014 2015
2011 2012 2013 2014 2015
Thailand market
Handset model not operator subsidy (poor credit record)
68 Million population
Penetration 130% (89 Mil.)
Unit: Million Set
Page 3
![Page 4: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/4.jpg)
Operator Mil.subscribers 3G Handset
Actual Q2/13 Remaining
38 8.00 30.00
28 5.50 22.50
23 5.50 17.50
Total 89 19 70
% 3G Handset 21% 79%
Thailand Market Size : 3G Handset
Page 4
![Page 5: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/5.jpg)
Subscribers Growth
• License granted Oct 16, 2012
• Network expansion 80% in Y13
• 100% migration from 2G to 3G in 3 year
• Today operator pay profit sharing to TOT&CAT around 20-30%
• 3G license the fee to NBCT only 5.7%
• Tablet will replace PC
• Mobile phone will replace camera
64 62 40
16 30 60
110
0
50
100
150
2012 2013 2014 2015
2G 3G
Unit: Million Number
80 92 100 110
Page 5
![Page 6: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/6.jpg)
Mobile Market Share
Thailand Market Size YEAR YEAR YEAR YEAR YEAR
2011 2012 2013* 2014 2015
Sales QTY (Mil. Sets)
QTY Market 16 16 20 30 40
Jaymart 1 1.1 1.5 2.5 3.0
%Share 6% 7% 8% 8% 8%
Sales Value (Mil.B)
MB Market 50,000 60,000 72,000 110,000 130,000
Jaymart 4,840 6,776 10,000 15,000 18,000
%Share 10% 11% 14% 14% 14%
Page 6
![Page 7: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/7.jpg)
Unit: Million Baht
Business Performance
34% Growth
39% Growth 28% Growth
3,869 3,796 3,901
4,523
6,323
1,475 1,888
1,428
1,989
2,903
3,876
821 854
956 994
1,097
271 302
267
311
538
613
0
200
400
600
800
1,000
1,200
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
2008 2009 2010 2011 2012 Q1/12 Q1/13 Q2/12 Q2/13 H1/12 H1/13
Mobile Phone (MB) Unit (Thousand)
Page 7
![Page 8: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/8.jpg)
Revenue by Product Segmentation
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Featured Phone Smart Phone Tablet
90%
10%
0%
64%
36%
0%
31%
61%
8%
20%
63%
18%
10%
64%
26%
6%
74%
20%
2009 2010 2011 2012 Q1/13 Q2/13
Page 8
![Page 9: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/9.jpg)
Average Selling Price
51.6% better than market
Source : GFK
+51.6%
4,542 4,481 4,869
5,578 5,824 5,727
6,192
6,873 6,250 6,376
3,002 3,014 2,903 2,909 3,224
3,422 3,556
4,000 4,100 4,206
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13
JAYMART GFK
Page 9
![Page 10: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/10.jpg)
Mobile Brand Share
Sales Growth (H1/2013)
Oppo 737%
jFone 372%
Sony 82%
Samsung 61%
LG 50%
iPhone/iPad 45%
HTC 33%
NOKIA -2%
BlackBerry -90%
Other 43%
Total 36%
60% 8%
10%
6%
4% 5% 3%
2%
0% Samsung
NOKIA
iPhone/iPad
Oppo
Sony
LG
jFone
HTC
BlackBerry
Other
Brand Share
Page 10
![Page 11: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/11.jpg)
Accessory
Page 11
![Page 12: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/12.jpg)
Unit in MB
Accessories
Unit in MB
43% H1/13 Performance
44% sale growth
46% margin growth
28 29 29 34
43 46
51
62 62 66
8 8 8 10
13 14 17
20 19 21
-
10
20
30
40
50
60
70
Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13
SALES MARGIN
46 66
89
128
14 21
27 40
-
50
100
150
Q2/12 Q2/13 H1/12 H2/13
SALES MARGIN
44%
Page 12
![Page 13: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/13.jpg)
Accessories Revenue
-
10.00
20.00
30.00
40.00
50.00
60.00
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012 2013
Y2013
Y2012
Forcast
Page 13
![Page 14: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/14.jpg)
Operators
Page 14
![Page 15: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/15.jpg)
Operators Revenue
5 6 6 6 6
8
9 11 11
14
-
5
10
15
Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13
Margin Performance 8
14 14
25
-
10
20
30
Q2/12 Q2/13 H1/12 H2/13
Margin Performance
77%
77%
Unit in MB
Unit in MB
H1/13 Performance
77% margin growth
Page 15
![Page 16: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/16.jpg)
Revenue Growth
Page 16
![Page 17: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/17.jpg)
Jaymart Smartphone&Tablet Jaymart
Our Stores
Consignment: The Mall/BigC
Retail Stores
Samsung Brand Shop
Consignment
Franchise:
Page 17
![Page 18: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/18.jpg)
Shop Performance
Shop Performance Y2013 Q1 Q2 Q3 Q4 Total
Branch Old Shop 213 213 213 213
New Shop 5 11 10 11 37
Total Shop 218 229 239 250 250
Growth QoQ Old Shop 35% 36% 25% 25% 44%
New Shop (MB) 11 180 230 480
Average Sales Per Shop (MB) 2.00 11.00 9.00 13.00
Page 18
![Page 19: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/19.jpg)
Revenue by Sales Channel
33% 35% 33% 27% 30% 27% 25% 21% 19%
67% 65% 67% 73% 70% 73% 75% 79% 81%
0%
20%
40%
60%
80%
100%
120%
2006 2007 2008 2009 2010 2011 2012 Q1/13 Q2/13
Retails Wholesales
Page 19
![Page 20: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/20.jpg)
Inventory Turnover
50
38
73
40 37 40 45 44
-
10
20
30
40
50
60
70
80
Y2007 Y2008 Y2009 Y2010 Y2011 Y2012 Q1/13 Q2/13
Days Linear (Days)
Page 20
![Page 21: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/21.jpg)
Our Partners
Mobiles
Accessories
Operators
Note : The only one retail shop in thailand , multi brands and multi operators
Page 21
![Page 22: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/22.jpg)
Jaymart Quality Service
Page 22
![Page 23: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/23.jpg)
Jaymart Quality Service
Standardization – Service Blueprint
Page 23
![Page 24: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/24.jpg)
JMS : Jaymart Mobile Show
Page 24
![Page 25: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/25.jpg)
JMS : Jaymart Mobile Show
Page 25
![Page 26: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/26.jpg)
Jaymart Mobile Show 2013
Page 26
![Page 27: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/27.jpg)
Jaymart Mobile Show 2013
Jaymart Cover Dance 2013
Jaymart Smart Singing 2013
Miss Mobile Thailand 2013
Jaymart Smart Teen 2013
![Page 28: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/28.jpg)
Jaymart Mobile Show 2013
![Page 29: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/29.jpg)
Activities Q3-Q4 2013
Page 29
![Page 30: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/30.jpg)
Strength
Over 20 years experience
Company listed in Thailand stock exchange (SET) 2009
Rank Number1 mobile retail in Thailand
Leader in mobile retail store and mobile show
Leader in mobile market place (IT Junction)
The only one multi operators / multi brands in Thailand market
Page 30
![Page 31: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/31.jpg)
Jaymart in Myanmar
Page 31
![Page 32: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/32.jpg)
Summary Population VS Mobile Sub
NO. Country Population(Million) MB Penetration
1 Vietnam 100 140%
2 Thailand 68 130%
3 Cambodia 16 94%
4 Loas 7 93%
5 Myanmar 60 5%
Page 32
![Page 33: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/33.jpg)
Yangon Expansion Plan
1.Junction 8
2.Insein Road
3.Junction Square
4.Dagon Center
5.Junction Maw Tin
6.Yankin Center
7.U Chit Maung
8.Thin Gan Gyun
Market
9.People’s Park
1.Pansodan
2.Latha
3.Hledan Center
11
1
Hledan 12
2
4
3
9
Tamwe
Township Thaketa
Township
South
Okalapa Thamine
Junction
Kaber
Aye
Road
North
Point
Mingala
dorn
7
6 8
Lanmadaw
Township
Latha
Township Kyautada
Township
Pending
Confirmed
Focus Township
Potential Location
Jaymart Shops
![Page 34: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/34.jpg)
Company Structure
Page 34
![Page 35: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/35.jpg)
JAS Asset Company Limited
• Start in year 2003
• Today 35 IT Junction and target total 42 by end 2013 (2014 expect
to reach 50 IT Junction)
• Rent to 1,200 mobile phone dealers, 11,000 sq.m
• JAS Asset Company Limited spin off in year 2012 (Plan to IPO in year
2014)
Page 35
![Page 36: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/36.jpg)
IT Junction Locations
35 Branches ~1,200 Units / 11,000 Sq.m.
Page 36
![Page 37: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/37.jpg)
Our Stores: IT Junction
:
Page 37
![Page 38: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/38.jpg)
Our Stores: IT Junction
Page 38
![Page 39: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/39.jpg)
Our Stores: IT Junction
Page 39
![Page 40: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/40.jpg)
Marketing Activity
Page 40
![Page 41: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/41.jpg)
6%
IT Junction Expansion Plan 2013-2015
Branchs Y2013 Y2014 Y2015
Existing 35 42 82
Expansion 7 40 25
Total 42 82 107
Page 41
![Page 42: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/42.jpg)
6%
J MARKET @ AMORNPAN
Concept: Neighborhood market
Investment: 30 mb
Opening: June 2012
Page 42
![Page 43: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/43.jpg)
6%
J MARKET @ WANGHIN
Concept: Neighborhood market
Investment: 370 mb
Opening: Sep 2014
![Page 44: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/44.jpg)
Strength
Strong teamwork , experience more than 15 years.
High growth business (Telecom).
Economy of scale, low cost – High margin
Strong Brand “IT Junction”
Good business model
Strong growth both profit and revenue
Page 44
![Page 45: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/45.jpg)
Company Structure
• Collection Service • Debt Acquisition • Insurance Broker
Page 45
![Page 46: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/46.jpg)
Debt Acquisition Performance
Page 46
![Page 47: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/47.jpg)
Debt Acquisition Performance
Page 47
![Page 48: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/48.jpg)
Debt Acquisition Performance
Page 48
![Page 49: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/49.jpg)
Debt Acquisition Performance
Page 49
![Page 50: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/50.jpg)
Debt Acquisition Performance
Page 50
![Page 51: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/51.jpg)
Debt Acquisition Performance
Page 51
![Page 52: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/52.jpg)
Debt Acquisition Performance
Page 52
![Page 53: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/53.jpg)
Debt Acquisition Performance
Page 53
![Page 54: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/54.jpg)
Debt Acquisition Performance
Page 54
![Page 55: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/55.jpg)
Debt Acquisition Performance
Page 55
![Page 56: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/56.jpg)
Opportunity
กลุม่สนิเชือ่เชา่ซือ้รถ ขยายตวัในการขายหนีม้ากขึน้ คาดวา่ทัง้ปี 2556 น่าจะประมลูไดป้ระมาณ 4,700 ลา้นบาท เพิม่ขึน้จากปี 2555 เทา่กบั 100% โดยมีเป้าหมายพอรต์รวม 30,000 ลา้นบาท
การเปิดสาขา Legal representative office จะชว่ยใหเ้พิม่ศกัยภาพในการดแูลคดคีวามไดม้ากขึน้ โดยไมเ่พิม่ตน้ทนุในการบรหิาร
Page 56
![Page 57: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/57.jpg)
Opportunity
JAM จะมบีทบาทในการเพิม่โอกาสและประสทิธภิาพในการจัดเก็บหนีม้ากขึน้
ผลกระทบ พรบ.ทวงถามหนี ้อาจท าใหส้ถาบนัการเงนิมคีวามเสีย่งในการเก็บหนี ้NPL ไดน้อ้ยลง ท าใหอ้ตัรา NPL มโีอกาสสงูขึน้ในทางออ้ม
Page 57
![Page 58: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/58.jpg)
Financial Statement
Jaymart Group
Page 58
![Page 59: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/59.jpg)
Margin
Mobile Business JMT Business
Rental Business
1,682
2,264
3,405
4,451
12%
14%
12%
14%
11%
12%
12%
13%
13%
14%
14%
15%
-
1,000
2,000
3,000
4,000
5,000
Q2/12 Q2/13 H1/12 H1/13
Rev. (MB)
60 79 121
156
14%
20%
17% 20%
0%
5%
10%
15%
20%
25%
0
50
100
150
200
Q2/12 Q2/13 H1/12 H1/13Rev. (MB)
101 88
186 181
53%
46%
52%
49%
42%
44%
46%
48%
50%
52%
54%
020406080
100120140160180200
Q2/12 Q2/13 H1/12 H1/13
Rev. (MB)
Page 59
![Page 60: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/60.jpg)
Jaymart Group Performance
Unit: MB
45% Growth
53% Growth 38% Growth
1,868 2,368
1,851 2,443
3,719
4,812 51
78
69
95
120
173
-
20
40
60
80
100
120
140
160
180
200
-
1,000
2,000
3,000
4,000
5,000
6,000
Q1/12 Q1/13 Q2/12 Q2/13 H1/12 H1/13
TOTAL REV. NET PL
Page 60
![Page 61: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/61.jpg)
Unit: MB
Jaymart Performance
• Q4/12 exclude 43.9mb gain for fair value
of the property
1,329 1,437 1,612 1,677
1,876 1,851 2,036
2,398 2,368 2,443
25
38 50
58
51 69
81
96 78 95
0
20
40
60
80
100
120
-
500
1,000
1,500
2,000
2,500
3,000
Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13
TOTAL REV. NET PL
Page 61
![Page 62: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/62.jpg)
ROE
ROA
D/E
Financial Ratio
23
16 15
27 29
26 26
7 5
7
11 13 13 12
1.50 1.31 0.92 1.05 0.75 0.71 0.90
2008 2009 2010 2011 2012 Q1 /13 Q2/13
% ROE % ROA D/E
Page 62
![Page 63: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/63.jpg)
Revenue and Net Profit Development
93 81 83
67 85
101 103 106 94 88
16 17
18
16
20
30 28 32
27
20
0
5
10
15
20
25
30
35
-
20
40
60
80
100
120
Q1/11 Q2/11 Q3/11 Q4/11 Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13
TOTAL REV. NET PL
101 88
186 182
30 20
50 47
-
20
40
60
-
100
200
Q2/12 Q2/13 H1/12 H1/13
TOTAL REV. NET PL
Unit: MB
Page 63
![Page 64: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/64.jpg)
Financial Ratio
23
16 15
27 29
26
23
7 5
7
11 13 13 13
1.50 1.31 0.92 1.05 0.75 0.71 0.26
2008 2009 2010 2011 2012 Q1 /13 Q2/13
Financial Ratio
% ROE % ROA D/E
Page 64
![Page 65: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/65.jpg)
Revenue and Net Profit Development
19
58
63 71
79 81
2
4 5
5
6 9
-
2
4
6
8
10
-
10
20
30
40
50
60
70
80
90
Q1/12 Q2/12 Q3/12 Q4/12 Q1/13 Q2/13
TOTAL REV. NET PL
• Q4/12 exclude 43.9mb gain for fair value
of the property
58 81 77
160 4
9 5
15
-
10
20
-
100
200
Q2/12 Q2/13 H1/12 H1/13
TOTAL REV. NET PL
Unit: MB
Page 65
H1/13 Performance
108% Revenues growth
200% Net Profit growth
![Page 66: 2013 08 19 Jmart](https://reader033.vdocuments.site/reader033/viewer/2022042623/54550dbdaf79594f558b469e/html5/thumbnails/66.jpg)
Q&A
Page 66