winner group enterprise plc. -...

34
WINNER GROUP ENTERPRISE PLC. 2015 OPPORTUNITY DAY THE STOCK EXCHANGE OF THAILAND MARCH 30, 2016

Upload: habao

Post on 12-Apr-2018

230 views

Category:

Documents


4 download

TRANSCRIPT

Page 1: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

WINNER GROUP ENTERPRISE PLC.

2015 OPPORTUNITY DAY THE STOCK EXCHANGE OF THAILAND

MARCH 30, 2016

Page 2: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Company Overview1

2 Financial Highlights

3 Strategies

Page 3: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Company Overview1

2 Financial Highlights

3 Strategies

Page 4: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Company name Winner Group Enterprise Public Company Limited

Head office 43 Thai CC Tower, 21st Floor., Room 214-219 , South Sathorn Road, Yannawa, Sathorn, Bangkok 10120 Thailand

Registered capital 100,000,000 Baht

Comprising 400,000,000 common shares of 0.25 Baht per share

Paid-up capital 100,000,000 Baht

Telephone 0-2675-6525-31

Fax 0-2675-6544

Website www.winnergroup.co.th

Page 5: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

North America

Europe Asia

Over 600 Food Factories

Over 1,200 Food Service Providers

Over 3,000 Retail Outlets nationwide

Australia

Vision To be ... “the leading expert company in integrated food business for all distribution channels”

Mission “To deliver quality products and trustworthy services to meet customers demands for the highest satisfaction. We continue to develop our human resources for strength and experience in the food business, as well as maintain excellent relationship with our partners”

Page 6: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Import Consumer Products

Received GMP,

Good Manufacturing

Process Certification

1991 2004 2010

Registered Capital 1 MB

Founded by Food Scientists

and Food Technology Expert

Mr. Jane Wongisariyakul

Started Business

2009

Produced Food Additive

and Premix

2008

20132007

2-Rai Area

Bangna-Trad Road

ISO 9001 : 2000

4-Rai Area

Bangna-Trad Road

GMP

Opened Delice Shops

Factory Area 4,700 SQ.M

Converted to Public Company

Increased Registered Capital from 78 MB to

100 MB for IPO

Changed Par Value to 0.25 Baht

Currently WINNER is an importer, manufacturer,

and distributor of Industry Products and

Consumer Products from leading international

brands.

2012

Built new FactoryBought a Factory

located in Bang-Pa-In

Import Industry Products

Built 1st Distribution Center Built 2nd Distribution Center with Temperature and

Moisture Control

1983

1983

Expanded by 1 Rai

Bangna-Trad Road

20101995ISO 9001:2008

2013

1995

Developed ERP system

Developed human resources :

“Performance Improvement

Project”

Halal Certificate

2014 2015

Expanded Second Distribution Center

Page 7: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Product Variety

Technical Knowledge & Experience

Integrated Distribution Channels

Facilities and Warehouse Management

Page 8: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

1. Industry Products 2. Consumer Products

1.1 Food Ingredient

Starch & Flour, Cocoa Powder, Egg Powder, Icing & Ground Sugar, Shortening & Margarine, Chocolate & Compound, Non Dairy Whipping Cream, Fruit Filling & Topping, Raisin, Almond, Maltodextrin, Dextrose, etc.

1.2 Food Additive

Xanthan Gum, Gellan Gum, Carrageenan, Pectin, CMC, Phosphate, Sodium Benzoate, Potassium Sorbate, Yeast & Baking Powder, Sweeteners, etc.

2.1 Snacks

2.2 Frozen and Chilled Products

2.3 Gourmet Food

2.4 Beverage

Page 9: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

under Exclusive Distributor and Authorized Distributor Agreement

Exclusive Distributor

Authorized Distributor

Industry Products Consumer Products

Others

• World’s Biggest Potato Starch Producer • Based in Europe

• 1st powdered egg producer in France • Leading player in Europe market

• Malaysian Cocoa producer• Listed in Singapore Stock Market

• Leading US based Hydrocolloid producer

Exclusive Distributor

• No. 1 Market Share for bakery mix

• Well known healthy granola bar

• Ready to eat Mexican food

• Premium Canned Soup

• Leading snack brand from U.S.A

• Fruit filling & Fruit topping

Others

Page 10: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Icing , Baking Powder Wheat FlourFood Additive

WINNER’S BRAND

• Baking Powder : for food industry, e.g. used in batter mix

• Baking Powder : for bakery products

• Icing Sugar : used in bakery products

• Phosphate : improve textural characteristics of sausage, meat ball, and frozen food

• Softening agent : help the dough soften or remain softer, mainly used in bread production

• Stabilizer : for drink and ice cream

• Wheat flour : for bread

• All purpose flour :for pie and pastry

• All purpose flour :for cake, cookie, Chinese pastry, etc.

Page 11: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

1. Food Factories

WINNER’s distribution channels are divided into 3 channels

• Sales to over 600 manufacturers in Thailand in various industries

2. Food Service Providers/HoReCa

• Sales to over 1,200 Food Services in Thailand

1. Hotels 3. Chained Restaurants and Bakery2. Airlines catering 4. Others

• Hypermarket Bakery

Page 12: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

• Modern Trade

Hypermarkets Supermarkets Convenience Stores

North North-East South East

• Rimping Supermarket• Kasem Store• Yingcharoen Fresh

Mart• Uttaradit S.T. Trading• Sangthai Phrae

• Kiang Supermarket• Pueng Ngee Chiang• Sentosa• Kaona Treasure

• Best Corner• S Mart• Friendship

Supermarket• Odola• Siam Inter Home

• The Daily Supermarket• Phuket Ocean Group• Karon Shopping Mall• Kosit Store• Ocean Mart• Super Cheap• Phuket Promtpun

• Sales to over 3,000 Retail outlets in Thailand

3. Retail Outlets

• Traditional Trade

Page 13: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

WINNER has Warehouses in 4 Locations

• Temperature and Moisture Controlled

• 1 Year Contract• General Storage

• General Storage

Total Warehouse Area : 7,353 SQ.M

• 1 Year Contract• Chill Room

(12-15◦C)

Shelf Life > 3 MonthsShelf Life < 3 Months100% provision setup

1 Normal 2 Monitoring 3 Expired

Expired100% provision setup

4 Destroyed

ExpiredWaiting for Destruction

Owned by WINNER (79.8%) Rented by WINNER (20.2%)

1st Distribution CenterBang na Trad Road

4,368 SQ.M

2nd Distribution CenterBang-Pa-In

1,500 SQ.M

% Utilization

90%

% Utilization

80%

% Utilization

60%

% Utilization

100%

3nd Distribution CenterBang Phli Samut Prakarn

1,135 SQ.M

4nd Distribution CenterBang Phli Samut Prakarn

350 SQ.M

Warehouse Management

Page 14: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Experienced Management Team Solid Sale Forces Team

Mr. Jane WongisariyakulManaging Director

• Founder of WINNER• 38-year experience in food business• Expertise in food trading business

Education• MBA, Thammasart University • B.S. (Food Technology), Chulalongkorn University

Ms. Vannaporn WongisariyakulDeputy Managing Director

• Founder of WINNER• 38-year experience in food business • Expertise in food technology

Education• M.Sc (Food Technology), Chulalongkorn University• B.S. (Food Technology), Chulalongkorn University

Ms. Kanokpan KreangkraikrissadaDeputy Managing Director

• 26-year experience in food business• Leading and directing WINNER’s sales and marketing• Expertise in food trading business

Education• MBA, Chulalongkorn University• B.S. (Food Science Technology),

Kasetsart University

• Over 90 experienced persons in Sale Forces• 43 salespersons : 7 Marketing staffs : 40 In-house

PC

Full Team Sale Forces

• 2 Head Teams with 15-20-year experience• 12 sales staffs with an average over 7-year

experience

Long term Experience

• 13 salespersons with minimum a bachelor’s degree in Food Science and Technology

• Specific skills to provide technical advice and support to our customers

Food Tech. Knowledge Base & Tech. Support

• Extensive sale forces for geographic coverage nationwide

Coverage Nationwide

Page 15: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Company Overview1

2 Financial Highlights

3 Strategies

Page 16: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

• Operating Result• Sales Revenue• Gross Profit• Net Profit• Capital Structure• Financial Ratio

Page 17: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Million Baht 2013 2014 20152015 VS 2014

Amount %

Total Revenue 1,392.5 1,444.3 1,449.5 5.3 0.4%

Sales Revenue 1,377.6 1,430.8 1,430.5 (0.3) 0.0%

Gross Profit 300.4 293.1 304.6 11.5 3.9%

Net Profit 83.6 76.5 89.0 12.5 16.3%

EPS (THB) 0.21 0.19 0.22 0.03 16.3%

Dividend per share (THB) 0.17 0.16 0.20 0.04 25.0%

Page 18: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

1,377.6

1,430.8 1,430.5

2013 2014 2015

-0.3 MB, -0.02% YoY

Sales Revenue decreased 0.3 MB, -0.02% Revenue from Industry Products decreased by 46.8 MB , 7.4% caused by a decrease in food

ingredient mainly due to economic slowdown and high competition Revenue from Consumer Products increased by 46.5 MB , 5.9% compared to same period last year

Unit : Million Baht

Page 19: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

629.6 636.1 589.3

2013 2014 2015

-46.8 MB, -7.4% YoY

Unit: Million Baht

50% 44% 41%

Page 20: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

636.1794.8 841.3

2013 2014 2015

+46.5 MB, +5.9% YoY

Unit: Million Baht

50% 56% 59%

Page 21: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

300.4 293.1

304.6

21.8% 20.5% 21.3%

2013 2014 2015

Gross Profit Gross Profit Margin

+11.5 MB, +3.9% YoY

Unit: Million Baht

Page 22: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

2015 VS 2014 : Net Profit +12.5 MB, +16.3% : Caused by a increase in gross profit

and other revenue compared to period last year

83.6 76.5 89.0

6.1% 5.3% 6.2%

2013 2014 2015

Net Profit Net Profit Margin

+12.5 MB, +16.3% YoY

Unit : Million Baht

Page 23: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Gross Profit +11.5 MB : Industry Products +6.2 MB, Consumer Products +5.3 MB

Other Revenue +5.6 MB : Gain on FX +10.6 MB , Interest Income -2.2 MB , Other Income -2.8 MB

SG&A Exp. +5.5 MB : Selling Exp. +6.7 MB , Admin Exp. -1.2 MB

89.0

5.5 2.076.5

11.5 5.6 2.9

2014 Gross Profit OtherRevenue

SG&A FinanceCost

Tax 2015

+12.5 MB, +16.3% YoY

Unit : Million Baht

Page 24: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

555.2 563.7 584.7

369.4270.7 334.6

0.7

0.5 0.6

0.0

0.2

0.4

0.6

0.8

1.0

0

200

400

600

800

1000

2013 2014 2015

Equity Debt D/E

As a trading company, main liability composition are Account Payables and Short-term Loans for working capital. Thus, debt to equity ratio is only 0.6

2013 2014 2015

Unit : Million Baht

Page 25: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

81.3%83.6%

89.9%

2013 2014 2015

Dividend Payout Ratio

73 72 74

2013 2014 2015

Collection Period

68 70 70

2013 2014 2015

Payment Period

5865

79

2013 2014 2015

Inventories Period

10.1% 8.7% 10.1%

2013 2014 2015

ROA

18.2%13.7% 15.5%

2013 2014 2015

ROE

Page 26: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Company Overview1

2 Financial Highlights

3 Strategies

Page 27: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Strategy 1 Product Expansion

Strategy 2 Market Expansion

Strategy 3 Diversification

Page 28: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Our Strategy • The Company plans to develop and supply new products to meet a wide range of requirement of customers in food industry and food service operators (Food Service/HoReCa) and supply innovative products to meet consumer’s needs to diversify product ranges distributed by the Company.

• Utilize plant facilities to enhance varieties of products, particularly in, • Premix Products : Batter Mix, Bakery Mix• OEM Products : Coffee Mix, Seasoning Mix• Repack and Sachet Products : Flour, Chocolate, Almond

Strategy 1

Import Own Product

Page 29: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

KelcogelGellan gum

Genu Pectin

Modified Starch

Egg Powder

Compound Chocolate

Industry Products Consumer Products

**New Flavor• Frozen Fruit

• Whipping Cream • Couverture Chocolate

• Maraschino Cherry

• Pasta

• Biscuit & Cookie

• Almond

• Wafer, Wafer Stick & Biscuit

Genu Locust bean gum

Page 30: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Existing Market & Customer

Food Factories

Food Service Providers/HoReCa

over 600 manufacturers in Thailand

over 1,200 Food Services in Thailand

Opportunities to Go

Retail Outlets over 3,000 Retail outlets in Thailand

Our Strategy • Expanding both market coverage and customer base• For new potential customers in all channels – food factories, food service, end consumer, especially

food service provider in travel destination provinces• Develop Online Distribution Channel to expand growth

Strategy 2

Page 31: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Strategy 3

Our Strategy • The Company plans to expand its food business to other businesses such as drugs, cosmetics, personal care, animal feed, energy saving equipment, hygienic cleanser, etc. to expand growth and business diversity.

Pharmaceutical Personal CareAnimal Feed

Hygienic CleanserEnergy Saving Equipment

Page 32: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

Disclaimer• The information contained in this presentation is for information purpose only and does not

constitute any advice, offer, recommendation, or solicitation to buy or sell shares in Winner Group

Enterprise Public Company Limited (“the Company”).

• Some of this presentation may include statements of future expectations, projections or other

forward-looking statements, which reflect our current views with respect to future events and are

not a guarantee of further performance as a result of various factors not foreseen at the time of

giving this presentation. No assurance is given that these future events will occur, or that the

Company’s assumptions are correct and past performance is not indicative of future performance.

• This presentation has been prepared by the Company. The information in this presentation has not

been independently verified. No representation, warranty, express or implied, is made as to, and no

reliance should be placed on, the fairness, accuracy, completeness or correctness of the information

and opinions in this presentation. None of the Company or any of its agents or advisers, or any of

their employees shall have any liability (in negligence or otherwise) for any loss howsoever arising

from any use of this presentation or its contents or otherwise arising in connection with this

presentation whether directly or indirectly.

• Any unauthorized disclosure, use or dissemination, either whole or partial, is prohibited. It must not

be reproduced, copied or made available to others.

Page 33: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,
Page 34: WINNER GROUP ENTERPRISE PLC. - dcs-digital.comdcs-digital.com/setweb/downloads/2558q4/20160330_winner.pdf · Company name Winner Group Enterprise Public Company Limited ... •Wafer,

THANK YOU

IR Contact

Location : Winner Group Enterprise Plc.

Head Office: 43 Thai CC Tower 21st Floor, Room 214-219,

South Sathorn Road, Yannawa, Sathorn,

Bangkok 10120, Thailand

Tel : +66 26756525 ext. 106

Fax : +66 26756544

E-mail [email protected]

Website : http://www.winnergroup.co.th