SEAFCO Public Company Limited Opportunity Day March 13 th , 2019 Q4/2561
Subsidiaries Share Capital 336.23 MB 100% 97.99% 80% 50% Seafco plc Seafco Seafco Seafco Intertrade Co.,Ltd (Myanmar) Co.,Ltd Construction Co.,Ltd Seafco JV Subsidiaries
Main Products Barrette Diaphragm Bored Pile Construction Wall
MRT Orange Line Project OR17 OR19 OR 16 OR14 OR15
One Bangkok (Phase I & II)
Motorway Route no.6 Sec.18 MRT Pink Line
PTTEP Myanmar project Landmark
2018Y Result Income for Increase 2018Y 2017Y PRODUCT NO. (Decrease) Unit : MB % Unit : MB Unit : MB BORED PILE, BARRETTE AND 1 2,594.42 1,763.19 831.23 47% DIAPHRAGM WALL Bored Pile, Barrette and 1.1 1,174.32 699.76 474.56 68% Diaphragm Wall (Labor Only) Bored Pile, Barrette and 1.2 1,420.10 1,063.43 356.67 33% Diaphragm Wall (Labor and materials) 2 7.07 7.04 0.03 -% BUILDING AND CIVIL WORKS 3 163.71 48.01 115.70 241% OVERSEAS TOTAL 2,765.20 1,818.24 946.96 52%
Million Baht Labor Only Overseas Labor and Total Material Revenue Income Total 2018Y 1,427.18 1,174.32 163.70 2,765.20 (42%) (6%) (100%) (52%) Labor Only Overseas Labor and Total Material Revenue Income Total 2017Y 1,070.47 699.76 48.01 1,818.24 (59%) (38%) (3%) (100%) Increase (Decrease ) MB 356.71 474.56 115.69 946.96 Percent + 33% + 68% + 241% + 52%
Source of Revenue By Direct Contract from Client Subcontract From Main Contractor As of 31 December 2018 = 2,765.20 MB
5 Years Performance 2014 2015 2016 2017 2018 1,887 1,856 1,863 1,818 2,765 Revenue Gross Profit 389 309 325 337 625 Net Profit 210 153 156 211 352 Gross Profit Margin (%) 21% 17% 17% 18% 22% 11% 8% 8% 12% 13% Net Profit Margin(%) D/E Ratio 0.88 0.82 0.76 1.06 1.13 Net Gearing 0.23 0.20 0.24 0.19 0.22
NET PROFIT ( CONSOLIDATED ) 2014 2015 2016 2017 2018 • 97% of Revenue came • Major proportion of • Major proportion of • Major proportion of • Major proportion of net from bored piling works income was from high- income was still from income was still from profit is contributed and diaphragm wall rise building projects high-rise building high-rise building from two mega projects, works from private sector. projects projects. MRT Orange Line and One Bangkok. Both • MRT Green Line project • There was a significant • In addition, some parts • Another source of projects have been increase in income from of works from income was from selling working approximately the oversea branch Suvarnabhumi Airport used machines after 1 year. compared with the Extension were award purchasing of several previous year. to the company. new machines. However, there was a slight drop in income from the oversea branch.
No. of Shares : 672,462,428 Market Cap.* : 5,346.08 MB Dividend Policy : 40% of Net Profit 5 Years Dividend Payout 2018 2018 (Jan – Sep) (Oct-Dec) Year 2014 2015 2016 2017 (Interim) Paid May 23,2019 Total 2018 DPS (Baht) 0.34 0.25 0.26 0.175 0.16 0.15 0.31 Total Dividend (MB) 98.99 76.41 79.47 106.98 107.59 100.87 208.46 Dividend (%) / Profit 50% 52% 50% 51% 42% 89% 57% Par Value/share 1.00 1.00 1.00 0.50 0.50 0.50 0.50 No. of shares (shares) 291,110,727 305,665,008 305,665,008 611,330,016 672,462,428 672,462,428 672,462,428 Source : https://www.set.or.th/set/factsheet.do?symbol=SEAFCO&ssoPageId=3&language=th&country=TH (As of 27/2/2019)
BACKLOG 2,308.22 MB (9%) 2,105.31 MB As of February 7 th , 2019
BACKLOG 2,308.22 MB As of February 7 th , 2019 *MB (69.37%) (25.40%) Source of Backlog Detail of Backlog
Market Indicator Ratio (Inc. Mega projects) Total Tendered Project Total Project Value Estimated (73 Projects) (23,787.60 MB) 143.10 MB Award to other players (0.60%) 444.20 MB Award to SEAFCO (1.87%) 23,200.30 MB Under review by project owner (97.53%) Data Reference since 1-1-2019 until 28-2-2019
ที่มา : TMB Analylics- แนวโน้มอุตสาหกรรมก่อสร้างไทย
ที่มา : TMB Analylics- แนวโน้มอุตสาหกรรมก่อสร้างไทย
ที่มา : TMB Analylics- แนวโน้มอุตสาหกรรมก่อสร้างไทย
T HANK YOU FOR YOUR ATTENTION Q & A
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