Thai Rung Union Car Plc. SET Opportunity Day, 23Rd August 2010 Contents

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Thai Rung Union Car Plc. SET Opportunity Day, 23Rd August 2010 Contents Thai Rung Union Car Plc. SET Opportunity Day, 23rd August 2010 Contents • Introduction • Scope of Business • Group Structure • Industry Overview • TRU Sales Breakdown • Future Strategy Contents • Introduction • Scope of Business • Group Structure • Industry Overview • TRU Sales Breakdown • Future Strategy Scope of Business • วจิ ยและพั ฒนาั ผลตภิ ัณฑ์ • สร้างแม่พมพิ ์และเครื่องมอการผลื ติ • ผลตชิ ิ้นส่วนโลหะและพลาสติก • รรบจางประกอบับจ้างประกอบ • ผลตเบาะและอิ ุปกรณ์ • ตัวแทนจาหนํ ่ายรถบัส Yutong • ศูนย์บริการหลงการขายั • ตตดตงแกสรถยนตดติ ้ังแก๊สรถยนต์ Contents • Introduction • Scope of Business • Group Structure • Industry Overview • TRU Sales Breakdown • Future Strategy Group Structure Thai Rung Union Car Plc. "TRU" - R&D,,y Auto Assembly - Pressed Metal Parts, Plastic Parts Thai Rung Tools and Dies Co. Ltd. Delta-TR Co. Ltd. "TRT" "DTR" - Dies & Jigs -Seat & Seat Component (JV. with Delta Kogyo, Japan) Thai Auto Pressparts Co. Ltd. Thai Auto Conversion Co. Ltd. "TAP" "TAC" - Pressed Metal Parts - Spppecial Purpose Vehicles -Plastic Parts (JV. with Toyota group) Thai V.P. Auto Service Co. Ltd. Delta Thairung Co. Ltd. "TVS" "DTC" - After-Sales Service, Spare Parts, -Seat & Component parts Body repair & paint, Bus Distributor (JV. with Delta Kogyo, Japan) Thai Ultimate Car Co. Ltd. "TUC" - Land Rover Dealer for Greater Bangkok - Accessories & Spare Parts Contents • Introduction • Scope of Business • Group Structure • Industry Overview • TRU Sales Breakdown • Future Strategy Thai Auto Industry 2004-2015 (Forecast) Units 3,000,000 Production +9% Domestic +9% 2,500,000 2,500,000 2,300,000 Export +9% +9% 2,120,000 2,000,000 +15% 1,950,000 +57% 1,800,000 +9% +8% 1,571,340 +9% +8% 1,500,000 1,500,000 1,394,029 +9% 1,380,000 +21% +6% -28% +9% 1,287,346 +21% 1,272,000 1,188,044 1,170,000 +24% 1,125,316 999,378 +67% 1,080,000 1,000,000 928,081 894,031 776,152 -31% 1,000,000 703,261 682,161 690,100 920,000 +9% 626,022 535,563 848,000 +9% 780,000 +9% 440,705 538,966 720,000 +9% 500,000 332,026 631,251 677,309 +6% 615,269 548,871 +23% -11% Year 2011-2015 Estimate Domestic 40% : Export 60% 0 2004 2005 2006 2007 2008 2009 2010(F) 2011(F) 2012(F) 2013(F) 2014(F) 2015(F) Source : Year 2004-2010 The Federation of Thai Industries, Year 2011-2015 forecasted by TRU Eco Car Project in Thailand •Nissan March - กาลํ งการผลั ติ 100,000 คนั /ปี - เรมขายเดอนมิ่ ื .ี ค. 2010 - โรงงานทอี่ . บางเสาธง จ.สมุทรปราการ •Honda New Small Concept - กกาลงการผลตาลํ งการผลั ติ 100,000 คคนนั /ปี -SOP. ปลายปี 2010 - โรงงานใหมโรงงานใหมทจ่ทจี่ .อยธยาอยุธยา - เงนลงทิ ุน ~6,700 ล้านบาท •Mitsu bis hi Eco Car - กาลํ งการผลั ติ 107,000 คนั /ปี - SOP. ปี 2011-2012 - โรงงานทนี่ ิคมฯ แหลมฉบังจ.ชลบุรี Eco Car Project in Thailand •Toyota Eco Car - กกาลงการผลตาลํ งการผลั ติ 100,000 คคนนั /ปี - SOP. NA. - โรงงานทนี่ ิคมฯ เกตเวย์ซิตี้ จ.ฉะเชิงเทรา - เงนลงทิ ุนกว่า 4,642 ล้านบาท •Suzuki Eco car - กาลํ งการผลั ติ ปีแรก 10,000 คนั และเพมเปิ่ ็น 100,000 คนในปั ีท ี่ 5 -SOP. เดอนมื .ี ค. ปี 2012 - โใโรงงานใหม่ทน่ี ิคมฯ เหมราช จ.ระยอง - เงนลงทิ ุน ~7,500 ล้านบาท Thai Auto Industry Year 2010 & 2009 Units Production Domestic Export 2,000,000 +57% YoY 1,500,000 894,031 +67% YoY 1,000,000 (57%) 535,563 1,571,340 (49%) 500,000 999,378 548,871 677,309 +23% YoY (51%) (43%) 0 2009 2010(()F) Source : The Federation of Thai Industries Production Volume in Thailand Q2/2010 Units Units +1% QoQ +98% 500,000 +103% YoY 1,000,000 382,841 386,153 768,994 400,000 800,000 300,000 600,000 389,085 190,113 200,000 400,000 100,000 200,000 0 0 Q2’ 09 Q1’ 10 Q2’ 10 Q1-2’ 09 Q1-2’ 10 PdtiProduction Pro duc tion (Accumul a te) Source : The Federation of Thai Industries Domestic Sales in Thailand Q2/2010 +14% QoQ Units Commercial car +54% +54% YoY Units Passenger Pick Up 220,000 189,890 400,000 356,692 200,000 QoQ YoY +61% 180,000 166,802 +13%12,203 +68% 22,973 160,000 10,770 300,000 231,428 140,000 123,654 160,326 +61% +70% 91,356 +32% 120,000 7,254 68,970 14,271 200,000 100,000 53,799 99,461 80,000 60,000 100,000 173,393 40,000 87,062 +38% 86,331 -1% +475% 62,601 117,696 20,000 0 0 Q2'09 Q1'10 Q2'10 Q1-2'09 Q1-2'10 Domestic Sales Domestic Sales (()Accumulate) Source : The Federation of Thai Industries CBU Export Q2/2010 Units Units +78% -7% Qo Q 500,000 250,000 +110% YoY 418,178 216,685 201,493 400,000 200,000 150,000 300,000 234,784 95,979 100,000 200,000 50,000 100,000 0 0 Q2’ 09 Q1’ 10 Q2’ 10 Q1-2’ 09 Q1-2’ 10 CBU Export CBU Export (Accumul ate) Source : The Federation of Thai Industries CBU Export by Brand Q1-2/2010 Units MAZDA GM ISUZU 5% 3% 200,000 7% PPV 164,366 FORD 180,000 Passenger Car 7% TOYOTA 40% 1Ton Pickup 160,000 HONDA 15,737 10% 8% Nissan MITSUBISHI 140,000 12% 18% 32,731 20% 120,000 100,000 71% 115,898 77,193 80,000 20,195 26% 60,000 50,064 166 2% 23% 33,628 28,040 40,000 11,504 27,674 22,738 2,649 9% 55,758 72% 455 2% 14,304 20,000 38,560 77% 33,628 100% 10,238 45% 25,391 91% 27,219 98% 3,292 23% 12,500 55% 11,012 77% 0 TOYOTA MITSUBISHI Nissan HONDA FORD ISUZU MAZDA GM Source : The Federation of Thai Industries Contents • Introduction • Scope of Business • Group Structure • Industry Overview • TRU Sales Breakdown • Future Strategy TRU Sales Breakdown Year 2009-2010 (()F) 2009 (Actual) 2010 (Forecast) Total revenues 1, 441 MB. Total revenues 2, 181 MB. (+51%) Other income Other income 5% 6% Car & After sale service OEM Part 18% Car & After &Tooling OEM Part sale service &Tooling 35% 45% Contract Assembly 48% 14% Contract 29% Assembly Note: 1. OEM Parts & Tooling includes Aapico, IMCT, SLAB, GM, Emerson, Triumph, Kawasaki etc.. 2. Contract Assembly income includes Flat deck (Isuzu, GM, TATA), Komatsu, Vacuum ICL, Painting etc.. 3. Car & After sale service includes windshield, assembly, equipment and accessories. 4. Other income includes scrap sales, interest income, share of profit (loss) from JV. company ; DTR, DTC, TAC ความคบหนื ้าบริษทั Joint Venture •บริษทั เดลต้า-ไทยรุ่ง (JV. กบั Delta Kogyo – Japan) •เริ่มผลิตเบาะรถ Mazda2 ให้ AAT ต้ังแต่ปลายปี 2009 และมีเป้ าหมายจะผลิต ประมาณปีละ ~50,000 sets •ผลตเบาะรถริ ุ่นใหม่และชิ้นส่วนเกยวกี่ บเบาะใหั ้รถยหี่ ้อต่าง ๆ •บริษทั ไทยออโต้ คอนเวอชั่น (JV. กบกลั ุ่ม Toyota) •ติดต้ังอุปกรณ์ตกแต่งพิเศษให้รถ Toyota รุ่นต่าง ๆ เช่น Ventury, Majesty, Alphard, Avanza, Innova และตดติ ้งแกั ๊สรุ่น Altis เป็นต้น Performance Review 1H 2010 1H'2010 1H'2009 YoY Profit & Loss Bt. Mil. % Bt. Mil. % % Sales 839.87 91.78 575.56 94.07 45.92 Total Revenues 915.09 100.00 611.82 100.00 49.57 COGS. 699.66 76.46 516.65 84.44 35.42 Gross Profit 140.21 15.32 58.91 9.63 138.01 SG&A 128.66 14.06 177.05 28.94 (27.33) EBIT 86.77 9.48 (81.88) (13.38) NA Net Profit (Loss) 86 .77 9 .48 ( 81.89) (13.38) NA 30/6/2010 31/12/2009 YoY Balance Sheet Bt. Mil. % Bt. Mil. % % Total Assets 2,722.69 100.00 2,581.42 100.00 5.47 Total Debts 303.17 11.13 243.32 9.43 24.60 S/H Equity 2,419.52 88.87 2,338.10 90.57 3.48 Contents • Introduction • Scope of Business • Group Structure • Industry Overview • TRU Sales Breakdown • Future Strategy Questions & Answers.
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