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SUPER Opportunity Day Presentation: August 30, 2019 (As of - PowerPoint PPT Presentation

SUPER Opportunity Day Presentation: August 30, 2019 (As of FSQ2/2018) SUPER ENERGY CORPORATION PUBLIC COMPANY LIMITED Private & Confidential Agenda Company Profile 1 and Projects history 2 On Going Projects 3 Financial Highlights


  1. SUPER Opportunity Day Presentation: August 30, 2019 (As of FSQ2/2018) SUPER ENERGY CORPORATION PUBLIC COMPANY LIMITED Private & Confidential

  2. Agenda Company Profile 1 and Projects history 2 On Going Projects 3 Financial Highlights 4 Potential Projects & Others 1

  3. Company Milestone (1 st half 2019) Performance 1 st Half Y2019 26‐6‐2019 27‐2‐2019 14‐8‐2019 >> acquisition of shares in >> Sign the share purchase >>SUPEREIF Investment Day SUPERW and JVTPN agreement of wind power 21‐8‐2019 >> COD for Solar In VN of plant project in Vietnam of >>SUPEREIF 1 st Trading Day 186.72 MW 250 MW Jan 2019 Jun 2019 13‐8‐2019 >> Establishment of "Super Water PPS Co.,Ltd" 2

  4. Company Profile Business Outlook Solar Energy Waste Energy Wind Energy Water Group IT Production and Production and Production and Production and Information & Distribution of Distribution of Distribution of Distribution of Communications Electricity by Electricity by Electricity by WATER Technology SUNLIGHT COMMUNITY & WIND POWER INDUSTRIAL & Services by INDUSTRIAL CONSUMPTION PERSONNEL Operation and WASTE OUTSOURCING Maintenance Services (O&M) 3

  5. Company Structure SUPER Corporate Structure in Thailand Open Technology 2,734.95 MB 76.25% 40 MB 100% 100% Super Energy Super Water Group 100 MB 100% 100% 10,000 MB 100% 100% 76% 100% 100% Thai Panichnawa Super Speed Super Solar Pro Solar Super Earth Lemon Gold Super Wind Construction and Construction Energy Energy One Energy Farm Langnumthai Join 100 MB 10,000 MB 263.25 MB 1,000 MB 1 MB 0.1 MB Venture 100 MB In Thailand Amata Nakorn Industrial Subsidiary Companies 768.60 MW Year Quantity (m 3 ) Average/ Month (m 3 ) In Vietnam In Vietnam In Thailand 2018 (Dec) 70,000 ‐ Projects MW Province Subsidiary MW Province Projects MW Province 2019 (Jan‐Jul) 3,231,172 461,596 36.7 Binh Thuan Phan Lam1 9.0 30.0 Soctrang GPE Sakaeo Soctrang1 Chai Mongkhon, Samut Sakhon 50.0 Binh Thuan 9.0 Binh An Phichit 142.0 Baclieu SEE6 Baclieu 50.0 An Giang Year Quantity (m 3 ) Average/ Month (m 3 ) Van Giao1 6.0 68.0 Soctrang NKNY Nongkai Soctrang2 50.0 An Giang 16.0 Van Giao2 Nonthaburi 300.0 Camau SEE8 Camau1‐3 2018 1,543,459 128,629 50.0 Ninh Thuan Sinenergy 8.0 50.0 Gia Lai SEG Phetchaburi HBRE 2019 (Jan‐Jul) 236.72 16.0 2,006,380 286,626 Total 200.0 Phu Yeni GPE Nakhornsitammarat HBRE 4 790.0 Total 64.0 Total

  6. Company Structure (cont) Corporate Structure in Foreign Super Wind Energy Super Solar Energy Super Energy (East) Super Wind Energy HBRE GIA LAI HBRE PHU YEN Congly1Joint Stock 50+50 MW 200 MW Phase 1, 272 MW SUPER ENERGY GROUP (HONG KONG) SUPER SOLAR ENERGY SUPER SOLAR ENERGY (HONG KONG) 1 (HONG KONG) 2 Sinenergy Ninh Nam Veit Everich Binh Thuan Van Giao1 Solar Van Giao2 Energy Thuan Phan Lam Energy Power Plant Plant 36.72 MW 50 MW 50 MW 50 MW 50 MW 5

  7. Customer Portfolios Diversify Customer Portfolios Energy Business Water Business IT Business Note : Base on MW Note : Base on Quantity of water distribution Note : Base on Employer EGAT MEA Private 4% 1% Company Household EVN 15% 13.6% 18% Governm ent Industrail Government 29.1% 57.3% 85% PEA 77% 6

  8. On Going Projects In Y2019 Performance Growth Highlight 2018 TH 9 MW 2017 VN 186.72 MW TH 37 MW 2016 TH 10 MW 2015 137 Project, TH 542.15 MW 2014 TH 175.5 MW Total 1,023.32 MW TH 12.95 MW Solar Energy Solar & Wind Energy in Vietnam Total Projects COD already Waste Energy COD Date(Year) No. Of COD Accum, Type COD No. Of No. Of COD COD Date(Year) Energy MW COD Date(Year) Sites (MW) COD Energy (MW) Sites Sites (MW) 2011 3 6.00 6.00 2019 SOLAR 186.72 Thailand 2018 1 9.00 2012 1 1.00 7.00 Solar 130 768.60 COD within Dec 2019 (Phichit) 1 9.00 COD With in Oct 2019 SOLAR 50.00 2013 1 0.95 7.95 Waste 1 9 COD within 2021 (Nongkhai) 1 6.00 COD within 2021 (HBRE) WIND 300.00 2014 1 5.00 12.95 Total Thailand 131 777.60 COD within 2022 (Phetchaburi) 1 8.00 COD within 2021 (Congly) WIND 272.00 2015 20 175.50 188.45 Vietnam In processing PPA (Nonthaburi) 1 16.00 2016 96 542.15 730.60 COD within 2021 (Congly) WIND 200.00 In processing PPA Solar 4 186.72 2017 2 10.00 740.60 COD within 2021 (Soctrang1-2) WIND 68.00 1 16.00 (Nakhonsithammarat) Total Vietnam 4 186.72 2018 6 28.00 768.60 Total 1,076.72 Total 6 64.00 Total SUPER 135 964.32 2019 - - 768.60 In processing of 4 35.90 PPA Total 134 806.50 In processing of PPA as SOLAR 19.9 MW & HYBRID 16 MW 7

  9. On Going Projects Locations N orthern 3 site / 20 MW / 2.39% C entral 64 site / 402.75 MW / 48.14% C entral 1 site / 50 MW / 21.12% E astern 60 site / 350.10 MW / 41.85% S outhern 4 site / 186.72 MW / 78.88% S outhern 10 site / 63.75 MW / 7.62% Waste Power Plant 8

  10. Solar Farm in Vietnam : Phanlam1, 36.72 MW 9

  11. Solar Farm in Vietnam : Binh An, 50 MW 10

  12. Solar Farm in Vietnam : Van Giao1, 50 MW 11

  13. Solar Farm in Vietnam : Van Giao2, 50 MW 12

  14. Solar Farm in Vietnam : Sinenergy, 50 MW 13

  15. Waste to Energy Project GPE Waste Energy 9.9 MW COD at 14 Jun 2018 Expect Installed MW Adder or Projects Technology Revenue / PPA MW Fit / unit (MB) / year 1/ Circulating GPE 3.50 for 7 9.9 / 9.0 Fluidized‐Bed 450 (Industrail Waste) year (CFB) 1/ assumption base on received adder 3.50 baht / unit for 7 years This’s after 7 year on expected revenue about 320 MB Performance after COD Capacity Average/ Revenue (MB) Year (kWh) Month (kWh) / year 32,455,680 2018 (Jun‐Dec) 4,636,525.71 218.83 2019 (Jan‐Jun) 31,240,560 5,206,760.00 211.02 14

  16. Waste to Energy Project SEE6 Waste Energy 9.9 MW Expect Installed MW / Adder or Projects Technology Fuel Revenue (MB) PPA MW Fit / unit / year 1/ SEE6 3.50 for 7 Step Grate RDF (Community 9.9 / 9.0 420 year / Stoker 100% Waste) 1/ assumption base on received adder 3.50 baht / unit for 7 years This’s after 7 year on expected revenue about 250 MB Target COD at Dec 2019 15

  17. Financial Highlights Statement of Profit & Loss Q2‐2019 Consolidate 6 Month / Million Baht Q2‐Y2019 Q2‐Y2018 3,198 2,919 Revenue 1,789 55.9% 1,694 58.0% Gross profit 2,474 77.4% 2,522 86.4% EBITDA ( 11 ) ( 0.3% ) 26 0.9% Gain(Loss) on foreign exchange rate ( 235 ) ( 7.3% ) ( 176 ) ( 6.0% ) Administrative expenses ( 765 ) ( 23.9% ) ( 718 ) ( 24.6% ) Financial cost 29 0.9% 53 1.8% Profit from investments 813 25.4% 898 30.8% Net Profit(loss) for the period 16

  18. Financial Highlights as of Q2‐2019 Revenue (MB) 96.99% 100.00% Q2‐2018 80.00% (6 month) 92.28% 60.00% 100.00% Overall 90.00% 40.00% 80.00% Q on Q 20.00% 70.00% increased 0.00% 0.75% 0.00% 2.26% 60.00% 9.50% 0.00% Q2‐2019 50.00% Solar TH Solar VN Waste Wind IT 40.00% (6 month) Increase / 30.00% Compare Q2 on Q2 Q2‐2018 Q2‐2019 % (Decrease) 20.00% 6.19% 0.23% 2,832.00 118.66 Solar TH 2,950.66 4.19 0.00% 1.31% 10.00% - 7.26 7.26 Solar VN 100.00 0.00% 197.83 1 75.83 22.00 Waste 799.21 Solar TH Solar VN Waste Wind IT - ‐ ‐ Wind ‐ 66.00 41.73 ( 2 4.27) IT (36.77) In 1 st half year 2019 , SUPER’s revenue more than 90% from Total 2,920.00 3,197.48 277.48 9.50 SOLAR ENERGY and the growth from WASTE ENERGY & SOLAR Compare Q1 & Q2 Increase / Q1‐2019 Q2‐2019 % VN with its high season all business. in 2019 (Decrease) Solar TH 1,503.35 1,447.31 (56.05) (3.73) 7.26 7.26 Solar VN ‐ 100.00 The proportion dropped of solar cells from 96.99% to 92.28% is 103.49 9.16 Waste 94.33 9.71 sharing by increase of waste energy and solar energy in Vietnam. ‐ ‐ ‐ Wind ‐ 22.12 2.5 0 12.7 4 IT 19.62 Total 1,617.30 1,580.17 (37.13) (2.30) Note : Revenue of electricity sale only 17

  19. Financial Highlights as of Q2‐2019 Cost & Gross Profit (MB) Gross Profit (Unit : MB) 3,500 3,125 3,102 3,000 Cost (Million Baht) 2,500 2,055 2,000 3,000 1,500 2,500 640 1,000 482 2,000 500 173 - 184 1,500 Y 2 0 1 5 Y 2 0 1 6 Y 2 0 1 7 Y 2 0 1 8 374 1,987.39 1,903 1,000 1,372 Gross Profit Q on Q 1,036 500 86 137 - 1,788.66 1800 Y2015 Y2016 Y2017 Y2018 Q2-2019 1750 Depreciation (non cash) Cost of sales & services (cash) 1,693.62 1700 1650 1600 Q2 2018 Q2 2019 18

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