q3/2016 operation result meeting - thai stanley · q1/2015 q2/2015 q3/2015 q4/2015 q1/2016 q2/2016...

THAI STANLEY ELECTRIC PUBLIC COMPANY LIMITED

Q3/2016 Operation Result Meeting


The completely integrated manufacturer of world class automotive lighting

Apichart Lee-issaranukul

February 17, 2017


Agenda

1. Automotive Market Data – 2016 (October – December) 2. The 3rd Quarterly 2016 Financial Statement 3. New Product


246 212

288300

0

100

200

300

400

500

600

700

800

2015 2016

Domestic Export

4W Market Sale 2016 ( October – December )

Domestic & Export

Automotive Market Data

X 1,000 unit Compare with 2015

500

Source: The Federation of Thai Industries

546

▼ 4%

▼ 14%

▼ 8%


4W Market Sale (Domestic & Export)

(April 2015 – December 2016)

54 57 60 61 6276

101

52 5773

55 66 66 61 64 64 61 6587

102

87

94105

109

80

100 10799 94

113103 98

86

62 68

111125102102

778982

0

100

200

300

Apr-

15

May-

15

Jun-

15

'Jul -

15

Aug-

15

Sep-

15

Oct-

15

Nov-

15

Dec-

15

Jan-

16

Feb-

16

Mar-

16

Apr-

16

May-

16

Jun-

16

' Jul-

16

Aug-

16

Sep-

16

Oct-

16

Nov-

16

Dec-

16

Domestic ExportX 1,000 unit

136 146

137


163 164

187 179 178

188

135

166 173

160 158

177

146 162

182

163 173

164



X 1,000 unit

4W Production (October – December 2016)

481 468

0

100

200

300

400

500

600

700

800

2015 2016

2015 2016

Compare with 2015


▼ 3%



X 1,000 unit

4W Production ( By Month ) (April 2015 – December 2016)

124 135152 166 159 171 163 153 148 166

193

138168 180 154 156 173 161 171 136

165

0

100

200

300

Apr-

15

May-

15

Jun-

15

'Jul -

15

Aug-

15

Sep-

15

Oct-

15

Nov-

15

Dec-

15

Jan-

16

Feb-

16

Mar-

16

Apr-

16

May-

16

Jun-

16

' Jul-

16

Aug-

16

Sep-

16

Oct-

16

Nov-

16

Dec-

16




X 1,000 unit

2W Sales - Domestic (October – December 2016)

388363

0

100

200

300

400

500

600

700

2015 2016

2015 2016

Compare with 2015

▲ 7%




X 1,000 unit

2W Sale ( By Month ) April 2015 – December 2016

106

145173

113126 134

122 123

161132

162

106

166184

127156 157

126 137125119

0

50

100

150

200

250

Apr-

15

May-

15

Jun-

15

Jul-

15

Aug-

15

Sep-

15

Oct-

15

Nov-

15

Dec-

15

Jan-

16

Feb-

16

Mar-

16

Apr-

16

May-

16

Jun-

16

Jul-

16

Aug-

16

Sep-

16

Oct-

16

Nov-

16

Dec-

16




X 1,000 unit

2W Production (October - December 2016)

426 459

0

100

200

300

400

500

600

700

2015 2016

2015 2016


Compare with 2015

▲ 8%



X 1,000 unit

2W Production ( By Month ) April 2015 – December 2016

134151 150

126 130149

136 145159 151 151

122147

168143

169151 155 163 140145

0

50

100

150

200

250

300

Apr-

15

May-

15

Jun-

15

Jul-

15

Aug-

15

Sep-

15

Oct-

15

Nov-

15

Dec-

15

Jan-

16

Feb-

16

Mar-

16

Apr-

16

May-

16

Jun-

16

Jul-

16

Aug-

16

Sep-

16

Oct-

16

Nov-

16

Dec-

16




Agenda



Statements of Financial Position

31 December 2016 Change

(MB)

31 March 2016

(MB) (%)

The Equity Method

Current Assets

7,254.62 7,059.50 2.76

Total Assets 14,831.95 14,407.27 2.95

Current Liabilities 1,469.80 1,643.23 (10.55)

Total Liabilities 1,766.63 1,899.33 (6.99)

Shareholders’ Equity 13,065.32 12,507.95 4.46

Total Liabilities and

Shareholders’ Equity 14,831.95 14,407.27 2.95

The 3rd Quarterly 2016 Financial Statement


Statement of Income


(MB)

31 December 2015

(MB) (%)

The Equity Method

Sales 2,718.94 2,563.93 6.05

Cost of sales 2,245.91 2,142.13 4.84

Gross Profit 473.03 421.80 12.15

Selling and Administrative

expenses 204.77 199.68 2.55

Share of profit from

investments in associates 94.45 63.55 48.62

Profit before income tax

410.80 324.17 26.72

Net profit for the period

328.64 262.26 25.31

The Three Month Period



Financial Statement – Statement of Income


(MB)

31 December 2015

(MB) (%)

The Equity Method

The Nine Month Period

Sales

8,142.93 7,496.04 8.63

Cost of sales 6,720.04 6,349.60 5.83

Gross Profit 1,422.89 1,146.44 24.11

Selling and Administrative

expenses 595.38 587.36 1.37

Share of profit from

investments in associates 198.22 157.49 25.86

Profit before income tax 1,166.72 1,109.30 5.18

Net profit for the period

938.91 884.71 6.13


Unit : MB

Analysis by Quarterly

2,4162,564

3,176

2,6322,792 2,719

2,516

243

419

262176

446367

329

0

1000

2000

3000

4000

Q1/2015 Q2/2015 Q3/2015 Q4/2015 Q1/2016 Q2/2016 Q3/2016

0

500

1000

1500

2000

Sales Net Profit

The Equity Method



Statement of Cash Flows

31 December 2016

(MB)

31 December 2015

(MB)

The Equity Method

Net Cash received from Operating

Activities 1,896.01 1,453.39

Net Cash used in Investing Activities (2,219.09) (2,638.01)

Net cash used in financing activity (382.86) (367.79)

Net increase (decrease) cash / Cash

equivalents (705.94) (1,552.40)

Cash / Cash equivalents at

beginning of the period

1,839.89 2,350.31

Effects of Exchange rate changes 1.66 0.99

Cash / Cash equivalents at

end of the period

1,135.62 798.90



Agenda



Toyota – New VIOS New Products

Rear Combination Lamp


New Products Honda – New CITY

Head Lamp


Disclaimer

This slides contain statements that constitute forward-looking statements, plans for the Future, management targets, etc. relating to the Company and its subsidiaries. These forward-looking statements are base on current assumptions of future events and trends , which may be incorrect and are subject to risks and uncertainties. Actual result may differ materially from those in such forward-looking statements as a result of various factors. Unless otherwise noted, the financial data contained in these materials are presented under Thai Accounting Standards (TAS). The company disclaims any obligation to update or to announce any revision to forward-looking statements to reflect future events or developments. Information concerning financial institutions other than the company and its subsidiaries are base on publicly available information. These materials do not constitute an invitation or solicitation of an offer to subscribe for or purchase any securities and neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever.


Contact Investor Relations

Download : The presentation files at www.thaistanley.com/Investor Relations/Analyst Meeting Presentation For further questions, please contact : Ms.Rattanaporn Boonwong : Investor Relations Tel : 662-581-5462-3 (10 lines) ext. 1164 Fax: 662-581-5397 E-mail : [email protected]

http://www.thaistanley.com/IR/Analyst Meeting /

q3/2016 operation result meeting - thai stanley · q1/2015 q2/2015 q3/2015 q4/2015 q1/2016 q2/2016...

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