THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Q3/2016 Operation Result Meeting
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
The completely integrated manufacturer of world class automotive lighting
Apichart Lee-issaranukul
February 17, 2017
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Agenda
1. Automotive Market Data – 2016 (October – December) 2. The 3rd Quarterly 2016 Financial Statement 3. New Product
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
246 212
288300
0
100
200
300
400
500
600
700
800
2015 2016
Domestic Export
4W Market Sale 2016 ( October – December )
Domestic & Export
Automotive Market Data
X 1,000 unit Compare with 2015
500
Source: The Federation of Thai Industries
546
▼ 4%
▼ 14%
▼ 8%
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
4W Market Sale (Domestic & Export)
(April 2015 – December 2016)
54 57 60 61 6276
101
52 5773
55 66 66 61 64 64 61 6587
102
87
94105
109
80
100 10799 94
113103 98
86
62 68
111125102102
778982
0
100
200
300
Apr-
15
May-
15
Jun-
15
'Jul -
15
Aug-
15
Sep-
15
Oct-
15
Nov-
15
Dec-
15
Jan-
16
Feb-
16
Mar-
16
Apr-
16
May-
16
Jun-
16
' Jul-
16
Aug-
16
Sep-
16
Oct-
16
Nov-
16
Dec-
16
Domestic ExportX 1,000 unit
136 146
137
Source: The Federation of Thai Industries
163 164
187 179 178
188
135
166 173
160 158
177
146 162
182
163 173
164
Automotive Market Data
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
X 1,000 unit
4W Production (October – December 2016)
481 468
0
100
200
300
400
500
600
700
800
2015 2016
2015 2016
Compare with 2015
Source: The Federation of Thai Industries
▼ 3%
Automotive Market Data
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
X 1,000 unit
4W Production ( By Month ) (April 2015 – December 2016)
124 135152 166 159 171 163 153 148 166
193
138168 180 154 156 173 161 171 136
165
0
100
200
300
Apr-
15
May-
15
Jun-
15
'Jul -
15
Aug-
15
Sep-
15
Oct-
15
Nov-
15
Dec-
15
Jan-
16
Feb-
16
Mar-
16
Apr-
16
May-
16
Jun-
16
' Jul-
16
Aug-
16
Sep-
16
Oct-
16
Nov-
16
Dec-
16
Source: The Federation of Thai Industries
Automotive Market Data
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
X 1,000 unit
2W Sales - Domestic (October – December 2016)
388363
0
100
200
300
400
500
600
700
2015 2016
2015 2016
Compare with 2015
▲ 7%
Source: The Federation of Thai Industries
Automotive Market Data
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
X 1,000 unit
2W Sale ( By Month ) April 2015 – December 2016
106
145173
113126 134
122 123
161132
162
106
166184
127156 157
126 137125119
0
50
100
150
200
250
Apr-
15
May-
15
Jun-
15
Jul-
15
Aug-
15
Sep-
15
Oct-
15
Nov-
15
Dec-
15
Jan-
16
Feb-
16
Mar-
16
Apr-
16
May-
16
Jun-
16
Jul-
16
Aug-
16
Sep-
16
Oct-
16
Nov-
16
Dec-
16
Source: The Federation of Thai Industries
Automotive Market Data
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
X 1,000 unit
2W Production (October - December 2016)
426 459
0
100
200
300
400
500
600
700
2015 2016
2015 2016
Source: The Federation of Thai Industries
Compare with 2015
▲ 8%
Automotive Market Data
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
X 1,000 unit
2W Production ( By Month ) April 2015 – December 2016
134151 150
126 130149
136 145159 151 151
122147
168143
169151 155 163 140145
0
50
100
150
200
250
300
Apr-
15
May-
15
Jun-
15
Jul-
15
Aug-
15
Sep-
15
Oct-
15
Nov-
15
Dec-
15
Jan-
16
Feb-
16
Mar-
16
Apr-
16
May-
16
Jun-
16
Jul-
16
Aug-
16
Sep-
16
Oct-
16
Nov-
16
Dec-
16
Source: The Federation of Thai Industries
Automotive Market Data
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Agenda
1. Automotive Market Data – 2016 (October – December) 2. The 3rd Quarterly 2016 Financial Statement 3. New Product
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Statements of Financial Position
31 December 2016 Change
(MB)
31 March 2016
(MB) (%)
The Equity Method
Current Assets
7,254.62 7,059.50 2.76
Total Assets 14,831.95 14,407.27 2.95
Current Liabilities 1,469.80 1,643.23 (10.55)
Total Liabilities 1,766.63 1,899.33 (6.99)
Shareholders’ Equity 13,065.32 12,507.95 4.46
Total Liabilities and
Shareholders’ Equity 14,831.95 14,407.27 2.95
The 3rd Quarterly 2016 Financial Statement
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Statement of Income
31 December 2016 Change
(MB)
31 December 2015
(MB) (%)
The Equity Method
Sales 2,718.94 2,563.93 6.05
Cost of sales 2,245.91 2,142.13 4.84
Gross Profit 473.03 421.80 12.15
Selling and Administrative
expenses 204.77 199.68 2.55
Share of profit from
investments in associates 94.45 63.55 48.62
Profit before income tax
410.80 324.17 26.72
Net profit for the period
328.64 262.26 25.31
The Three Month Period
The 3rd Quarterly 2016 Financial Statement
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Financial Statement – Statement of Income
31 December 2016 Change
(MB)
31 December 2015
(MB) (%)
The Equity Method
The Nine Month Period
Sales
8,142.93 7,496.04 8.63
Cost of sales 6,720.04 6,349.60 5.83
Gross Profit 1,422.89 1,146.44 24.11
Selling and Administrative
expenses 595.38 587.36 1.37
Share of profit from
investments in associates 198.22 157.49 25.86
Profit before income tax 1,166.72 1,109.30 5.18
Net profit for the period
938.91 884.71 6.13
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Unit : MB
Analysis by Quarterly
2,4162,564
3,176
2,6322,792 2,719
2,516
243
419
262176
446367
329
0
1000
2000
3000
4000
Q1/2015 Q2/2015 Q3/2015 Q4/2015 Q1/2016 Q2/2016 Q3/2016
0
500
1000
1500
2000
Sales Net Profit
The Equity Method
The 3rd Quarterly 2016 Financial Statement
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Statement of Cash Flows
31 December 2016
(MB)
31 December 2015
(MB)
The Equity Method
Net Cash received from Operating
Activities 1,896.01 1,453.39
Net Cash used in Investing Activities (2,219.09) (2,638.01)
Net cash used in financing activity (382.86) (367.79)
Net increase (decrease) cash / Cash
equivalents (705.94) (1,552.40)
Cash / Cash equivalents at
beginning of the period
1,839.89 2,350.31
Effects of Exchange rate changes 1.66 0.99
Cash / Cash equivalents at
end of the period
1,135.62 798.90
The 3rd Quarterly 2016 Financial Statement
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Agenda
1. Automotive Market Data – 2016 (October – December) 2. The 3rd Quarterly 2016 Financial Statement 3. New Product
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Toyota – New VIOS New Products
Rear Combination Lamp
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
New Products Honda – New CITY
Head Lamp
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Disclaimer
This slides contain statements that constitute forward-looking statements, plans for the Future, management targets, etc. relating to the Company and its subsidiaries. These forward-looking statements are base on current assumptions of future events and trends , which may be incorrect and are subject to risks and uncertainties. Actual result may differ materially from those in such forward-looking statements as a result of various factors. Unless otherwise noted, the financial data contained in these materials are presented under Thai Accounting Standards (TAS). The company disclaims any obligation to update or to announce any revision to forward-looking statements to reflect future events or developments. Information concerning financial institutions other than the company and its subsidiaries are base on publicly available information. These materials do not constitute an invitation or solicitation of an offer to subscribe for or purchase any securities and neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever.
THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED
Contact Investor Relations
Download : The presentation files at www.thaistanley.com/Investor Relations/Analyst Meeting Presentation For further questions, please contact : Ms.Rattanaporn Boonwong : Investor Relations Tel : 662-581-5462-3 (10 lines) ext. 1164 Fax: 662-581-5397 E-mail : [email protected]