Presentation 2015 Q3 Results Analyst Meeting and 2016 Business Plan - PowerPoint PPT Presentation

Presentation 2015 Q3 Results Analyst Meeting and 2016 Business Plan

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Agenda 1. Q3/2015 Financial Results 6. Q3 Summary 2. Presales 7. 2016 Business Plan 3. Backlog 8. Five Year Plan 4. Launch Plan 9. Company View - Q4 Launches 10. Mass Transit Network Updates 5. Revenues - Cancelation Rate - Mortgage Rejection Rate 3

3Q/2015 Financial Statements 3Q2015 2Q2015 3Q2014 % Q-o-Q % Y-o-Y M Baht % M Baht % M Baht % 2,665 100% 1,541 100% 2,024 100% 73% 32% Total revenue 2,251 84% 1,198 78% 1,667 82% 88% 35% Revenue from sale of real estate 0 0% 0 0% 110 5% N/A (100%) Gain on sale of project land 414 16% 343 22% 247 12% 21% 67% Other incomes 994 38% 621 42% 735 40% 60% 35% Gross Profit 611 23% 441 29% 417 21% 39% 46% SG&A 352 13% 211 14% 186 9% 67% 89% Selling expenses 259 10% 229 15% 231 11% 13% 12% Administrative expenses 0 0% 0 0% 0 0% N/A N/A Other expenses (152) (6%) (124) (8%) (132) (7%) N/A N/A Share of Profit (Loss) 295 11% 134 9% 354 17% 121% (16%) EBIT 54 2% 70 5% 56 3% (22%) (2%) Interest expenses 241 9% 64 4% 298 15% 279% (19%) EBT 80 33% (8) N/A 73 24% N/A 10% Tax 161 6% 72 5% 225 11% 124% (29%) Net Profit 0.05 0.02 0.07 124% (29%) Earnings per share (baht) Net Profit excluding gain on land sale 161 6% 72 5% 172 9% 124% (6%) Note: Moved our big paragon sales event to 3Q15 from that event was normally happened in 4Q 4

9M/2015 Financial Statements 9M2015 9M2014 % Y-o-Y M Baht % M Baht % 5,600 100% 6,333 100% (12%) Total revenue 4,650 83% 5,805 92% (20%) Revenue from sale of real estate Gain on sale of project land 0 0% 110 2% (100%) 950 17% 418 7% 127% Other incomes 2,161 40% 2,235 36% (3%) Gross Profit SG&A 1,442 26% 1,163 18% 24% 738 13% 427 7% 73% Selling expenses 704 13% 736 12% (4%) Administrative expenses 0 0% 3 0% (100%) Other expenses Share of Profit (Loss) (333) (6%) (151) (2%) N/A 590 11% 967 15% (39%) EBIT 186 3% 153 2% 22% Interest expenses 404 7% 814 13% (50%) EBT 97 24% 160 20% (39%) Tax 307 5% 655 10% (53%) Net Profit (Loss) 0.09 0.20 (53%) Earnings per share (baht) 307 5% 601 10% (49%) Net Profit excluding gain on land sale 5

3Q/2015 Financial Highlight 3Q2015 2Q2015 3Q2014 % Q-o-Q % Y-o-Y M Baht M Baht M Baht Cash balance 2,230 1,788 1,579 25% 41% Assets 20,809 19,949 16,337 4% 27% Interest bearing debts 9,940 10,417 7,797 (5%) 27% Liabilities 12,964 13,117 10,070 (1%) 29% Shareholders' equity 7,845 6,832 6,266 15% 25% D/E ratio (times) 1.7 1.9 1.6 (14%) 3% Net IBDE ratio (times) 1.0 1.3 1.0 (22%) (1%) 6

2015 Business Plan – Quarterly Presales Condo Housing Total Quarter (M Baht) (M Baht) (M Baht) 738 Record Housing Presales in Q3/2015 Unit : Mil Baht Quarter 1 8,617 738 9,355 1,206 Quarter 2 2,050 1,065 3,115 1,032 8,617 686 1,065 5,003 Quarter 3 3,766 686 4,452 3,973 3,766 2,050 Quarter 3 5,003 1,206 6,209 Actual 1Q15 (A) 2Q15 (A) 3Q15 (F) 3Q15 (A) 4Q15 (F) 1Q15 (A) 2Q15 (F) 3Q15 (F) 3Q15 (A) 4Q15 (F) Quarter 4 3,973 1,032 5,005 Condo Housing Q3/2015 Presales Grand Total 19,643 4,041 23,684 above our latest guidance 39% Full Year guidance decreased 10% 2015 guidance above our initial guidance 3% 2015 Presales target between 23,500 and 24,000 M Baht 7 7

9M 2015 Sales Updated: Sep 30, 2015 81% achieved of 2015 initial New Total Gross Presales Value (M Baht) annual presales 2 out of 11 19% New Launches 11,885 new launches Existing Projects 6,794 81% this year still to 18,679 Total Gross Presales come Presales YTD Presales to achieve in Q4 Value Net Sales Backlog Unsold Inventory Project (M Baht) (M Baht) (M Baht) (M Baht) Housing (Existing) 8,496 1,175 449 4,122 Condo (Existing) 44,610 1,392 24,645 7,141 Sub total (Existing) 53,106 2,567 25,105 11,265 Housing (2015 Launched) 2,919 980 951 1,939 Condo (2015 Launched) 23,299 10,271 10,271 13,027 Sub total (2015 Launched) 26,217 11,250 11,221 14,967 79,323 13,817 36,325 26,232 Grand Total 8 8

Ananda Member Club Event 9 9 9

Ananda Urban Pulse- Paragon Event 10 10 10

IOT Smart Home- Paragon Event 11 11

Arden Open House 12 12 12

Large Backlog Updated: Sep 30, 2015 B acklog 85% of the 57% of 2016 4Q15 secured by secured by 36.3 Bn Baht Backlog Backlog 13,104 11,776 Unit: Mil Baht 5,460 2,986 6,428 3,108 5,018 3,150 5,683 5,533 85% 3,767 57% 35% 13% 148 3,278 Unit: M Baht 1,961 1,251 2015 2016 2017 2018 2015 2016 2017 2018 Ananda's Backlog - Condo Ananda's Backlog in JV - Condo Mitsui's Share Ananda's Backlog - Housing Backlog as of September 2015 Backlog as of Backlog as of Dec 2014 Sep 2015 Presales Presales from New 36.3 27.1 Cancelled Transferred from Existing Launches 4.9 Bn Baht 4.7 Bn Baht 6.8 Bn Baht Bn Baht 11.9 Bn Baht Bn Baht 13 13 13

2015 Business Plan – Quarterly Launches Condo Housing Total Quarter (M Baht) (M Baht) (M Baht) Quarter 1 10,496 - 10,496 Unit : M Baht Quarter 2 2,005 3,036 5,041 10,759 10,496 10,518 8,305 Quarter 3 10,518 - 10,518 3,036 Quarter 3 10,759 - 10,759 2,005 Actual 1Q15 (A) 1Q15 (A) 2Q15 (A) 2Q15 (A) 3Q15 (F) 3Q15 (F) 3Q15 (A) 3Q15 (A) 4Q15 (F) 4Q15 (F) Quarter 4 8,305 - 8,305 Condo Housing Grand Total 31,565 3,036 34,601 Q3/2015 Launches above our latest guidance 2% Full Year guidance decreased 4% 2015 guidance above our 2 projects combined value of 1.5 Bn Baht in Q4 delay to Q1 2016 initial guidance 10% 2015 Launches target between 34,000 and 35,000 M Baht 14 14

2 Projects to be launched in Q4 New Location • Silom Main Road • 350 m. from BTS Chong Nonsi Products • Quadruple Facilities • Breakthrough Design “Vertical Interlocking Concept” Location • 300 m. from Taopoon Interchange • Triple Station (Blue, Purple, Red) • Surrounded by Mass Transit both BTS/MRT/Expressway Products • Triple Facilities • Unique Design “FUTURISTIC ART DECO” Value for the Future • Linkage to AEC by Mega Project “Bang Sue Grand Station” 15 15 15