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DRT Diamond Roofing Tiles Public Company Limited. Analyst Briefing - PowerPoint PPT Presentation

Nov 30, 2022 •931 likes •1.1k views

DRT Diamond Roofing Tiles Public Company Limited. Analyst Briefing on March 9, 2007 Analyst Briefing on March 9, 2007 Product Line Fiber Cement Roofing Tiles (FC): 68% of sales Fiber Cement Roofing Tiles (FC): 68% of sales Concrete Roofing

  1. DRT Diamond Roofing Tiles Public Company Limited. Analyst Briefing on March 9, 2007 Analyst Briefing on March 9, 2007

  2. Product Line Fiber Cement Roofing Tiles (FC): 68% of sales Fiber Cement Roofing Tiles (FC): 68% of sales Concrete Roofing Tiles (CT): 16% of sales Concrete Roofing Tiles (CT) : 16% of sales Roman tile Gran Onda ( กระเบื้องลอนคู ) ( กระเบื้องคอนกรีต ) Small corrugated Concrete sheet Ridge ( กระเบื้องลอนเล็ก ) ( ครอบคอนกรีต ) Flat sheet Adamas ( กระเบื้องแผนเรียบ ) ( กระเบื้องคอนกรีตแบบเรียบ ) Louvre Siding Board (SB): : 14% of sales 14% of sales Siding Board (SB) ( กระเบื้องบานเกล็ด ) Ridge Siding board ( ครอบ ) ( ไมฝา )

  3. Product Line Jearanai Tiles (NT): Jearanai Tiles (NT) : new product new product Accessories: Accessories : 2% of sales 2% of sales Shingle Roof ขอยึด ตะปูเกลียวยึด ตะปูเกลียวยึด แผนสะทอน Dry fix กระเบื้อง กระเบื้อง แป ความรอน system ( กระเบื้องเจียระไน ) Jearanai Board ( แผนผนังเจียระไน ) Jearanai Mold ( ไมบัวเจียระไน ) Jearanai Lath แผนปด แผนปดหัว รางน้ําสัน แปกัลปวาไนซ ( ไมระแนงเจียระไน ) รอยตอ รางน้ํา ตะเข

  4. Financial Summary Year 2002 - 2006

  5. Revenue Structure Total Revenue Total Revenue Growth % 2 , 7 0 0 4 1 2,404.56 2 , 4 0 0 2,108.02 2,074.22 2 , 1 0 0 1,910.83 1 , 8 0 0 1,711.30 MB 1 , 5 0 0 1 , 2 0 0 9 0 0 6 0 0 3 0 0 - Y 2 0 0 2 Y 2 0 0 3 Y 2 0 0 4 Y 2 0 0 5 Y 2 0 0 6 2 3 . 1 1 4 5 . 6 6 1 2 . 9 1 2 2 . 1 5 1 4 . 4 5 - 35% O th e r s 4 3 . 0 5 6 7 . 3 4 6 7 . 5 7 8 5 . 2 9 6 2 . 2 5 T r a n sp o r ta ti o n - 27% 1 , 6 4 5 . 1 4 1 , 7 9 7 . 8 3 1 , 9 9 3 . 7 4 2 , 0 0 0 . 5 8 2 , 3 2 7 . 8 6 S a l e s + 16%

  6. Revenue Structure Product Mix Product Mix Growth 16% 2,327.86 2 ,4 0 0 2% 2 ,2 0 0 0.4% 1,993.74 2,000.58 14% 2% 1% 2 ,0 0 0 1,797.83 10% 13% 0.5% 1 ,8 0 0 1,645.14 6% 16% 3% 1 ,6 0 0 22% 22% 23% 20% 1 ,4 0 0 MB 1 ,2 0 0 1 ,0 0 0 68% 8 0 0 67% 72% 62% 77% 6 0 0 4 0 0 2 0 0 - Y 2 0 0 2 Y 2 0 0 3 Y 2 0 0 4 Y 2 0 0 5 Y 2 0 0 6 + 1% - - 2 0 .8 6 4 0 .8 7 4 1 .2 3 A c c e s s o r ie s J e a r a n a i * - - - 9 .0 6 1 0 .0 8 + 11% 4 9 .9 5 1 0 6 .0 4 1 9 3 .1 0 2 6 5 .5 1 3 3 3 .1 0 S id in g Bo a r d + 25% C o n c r e t e T ile s 3 3 4 .8 1 3 8 8 .7 1 4 4 2 .8 5 4 5 0 .7 5 3 6 0 .8 0 - 20% 1 ,2 6 0 .3 8 1 ,3 0 3 .0 8 1 ,3 3 6 .9 2 1 ,2 3 4 .4 0 1 ,5 8 2 .6 5 Fib e r C e m e n t + 28%

  7. Cost Structure Cost of Goods Sold Cost of Goods Sold Growth 1,800 6% 100% 1,573 90% 1,600 1,481 1,445 80% 1,400 1,237 70% 1,040 1,200 60% MB 1,000 50% 800 40% 600 30% 400 20% 200 10% - 0% Y2002 Y2003 Y2004 Y2005 Y2006 280 357 383 359 486 Other * + 35% 81 129 144 143 125 Transport Cost - 13% 679 751 919 978 962 Raw Material Cost - 2% 62% 66% 70% 71% 66% % COGS * Other : Own Personal , Depreciation , Electricity, Change in inventories ~ 20,000 Tons~ 100MB

  8. Selling & Admin Expenses Selling & Admin Expenses Selling & Admin Expenses 500 30% 21% 450 25% 384.34 400 328.11 350 310.96 20% 300 267.47 269.96 15% 250 200 MB 10% 150 100 5% 50 - 0% Y2002 Y2003 Y2004 Y2005 Y2006 36.50 50.03 62.76 68.61 70.12 Logistic Exp. + 2% 81.95 64.53 66.93 63.86 108.01 Admin. Exp. + 69% 84.51 92.11 102.35 104.34 101.87 Sales&Marketing exp. - 2% 64.52 63.30 78.92 91.30 104.35 Personal exp. + 14% 15.8% 14.5% 15.1% 15.7% 16.1% % of Sales 535 577 651 656 673 Employees No. * คาใชจายในการขายและบริหารไมรวมรายการพิเศษ

  9. Profitability GP, EBITDA, Net Profit (After Tax) GP, EBITDA, Net Profit (After Tax) MB MB 1,000 25% 1,000 50% % 817 45% 5 648 3 800 20% 800 40% 628 616 605 600 15% 600 30% 434 403 354 400 20% 304 299 400 10% 200 10% 200 5% 0 0% 0 0% Y2002 Y2003 Y2004 Y2005 Y2006 Y2002 Y2003 Y2004 Y2005 Y2006 EBIT EBIT Margin Gross Profit Gross Profit Margin 1,000 25% 800 20% 56% 600 15% MB 339 325 314 400 10% 215 201 200 5% 0 0% Y2002 Y2003 Y2004 Y2005 Y2006 Net Profit Net Profit Margin

  10. Dividend Yield EPS, Dividend Payout Ratio EPS, Dividend Payout Ratio 3.00 100% 75% 2.00 28% 50% 1.00 25% - 0% Y2002 Y2003 Y2004 Y2005 Y2006 2.03 2.12 1.35 1.22 1.57 EPS (Bt/Share) Dividend Payout (%) 0% 35% 93% 82% 70%

  11. Balance Sheet Asset Liabilities and Capital Asset Liabilities and Capital MB MB 2,000 2,000 1,500 1,500 1,133 990 1,402 1,268 1,000 % 1,000 793 4 11% 1 662 981 591 626 965 500 500 778 8% 715 560 239 5% 225 228 505 566 223 16% 244 247 260 218 150 16 0 0 Y2002 Y2003 Y2004 Y2005 Y2006 Y2002 Y2003 Y2004 Y2005 Y2006 Current Asset Non Current Asset Financial Debt Other Liabilities Capital

  12. Financial Summary % of sales % of sales Item Y2005 Y2006 %Growth Sales 2,085.87 100.00 2,390.11 100.00 14.6 COGS (1,480.75) (70.99) (1,573.02) (65.81) 6.2 GP 605.12 29.01 817.08 34.19 35.0 SG&A (241.79) (11.59) (284.58) (11.91) 17.7 EBIT 299.16 14.34 434.19 18.17 45.1 Net Profit 201.14 9.64 314.04 13.14 56.1 EPS 1.22 1.57 28.3 Book Value 6.34 7.01 10.6 P/E Ratio* 4.92 5.70 * ราคาตลาด ณ วันสิ้นปของแตละป

  13. Sales Contribution Y2005/Y2006 Y2005/Y2006 Y2006 Y2005 Export Export Project Project 4.89% 7.44% 5.35% 4.09% Agent Agent 88.46% 89.76% MB Y2005 Y2006 %Growth Export 98 173 + 77% Project 107 95 - 11% Agent 1,795 2,059 + 15%

  14. Efficient Cost Control Lower cost of goods sold resulting from various factors Lower cost of goods sold resulting from various factors � More efficient production process. � Less lost from production. � Yield of production around 98%. � Utilization of Total production by 90%.

  15. Outlook for 2007 Sales Growth by 10 % Growth Drivers � Products from the new production line NT-8 . � Siding Board � Sheet Board � Replace competitors’ share � Non colored Roman Tiles � Flat sheet

  16. Q&A Thank you

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