OPPORTUNITY DAYpps.listedcompany.com/misc/PRESN/20190919-pps-oppday-2q2019.… · 2015-2017 2015...
Transcript of OPPORTUNITY DAYpps.listedcompany.com/misc/PRESN/20190919-pps-oppday-2q2019.… · 2015-2017 2015...
OPPORTUNITY DAY
19th September 2019
Corporate Overview and Current Projects Financial Statements (Q2 2019 and 1H 2019)
Vision Industry Overview and Business Plan in 2019
Contents
Over 30 years of TRUST PPS is One of the leading engineering professional services firm in Thailand. The Service Provider in all aspects of architectural, engineering and consulting
services for both private and public sectors.
To be the leader in innovation and integrated services in engineering and investment consultants of construction and property & city development sectors.
Our Vision is
"Deliver Success with Knowledge and Experience"
1987 1987-1990 1990-1995 1997-2002 2001-2010
PROJECT PLANNING SERVICE CO.,LTD (PPS) has been established
GRAND CHINA HOTEL
“The deepest structure in Thailand at that time”
BAIYOK II SKY TOWER
“The deepest structure in Thailand at that time”
Established PPS Design Co.,Ltd (PPSD)
METROPOLITAN RAPID TRANSIT
MRTA Initial System Project “The first subway in Thailand”
First Consulting Company that get ISO 9002 : 1994 certified
THE NEW HEAD OFFICE OF BANK OF THAILAND PROJECT
“The full service for project management”
MILESTONES OUR KEY
2001-2006 2012-2015
SUVARNABHUMI AIRPORT (WORLD CLASS AIRPORT)
“World Class Airport”
FIRST OF ENGINEERING CONSULTANT COMPANY TO BE LISTED
MEDIA AND INFORMATION TECHNOLOGY CONSULTANT
Being on the list of the Market for Alternative Investment (mai) and changed the company’s name to be Project Planning Service Public Company Limited.
SIGNATORY COMPANY of Thailand's Private Sector Collective Action Coalition Against Corruption's Declaration of Intent
Established “PPS Information Consultant Company Limited (PIC)”
2015-2017 2016-2021 2015-2019
ICON SIAM
“The Tallest Building in Thailand”
Uncle P was created
SIAM SINDHORN
"The New Luxurious Mixed Used Development in Central Bangkok"
First Company in Construction Business that get certified
Established Ensemble Equity Pte, Ltd. Juristic person in Singapore
SUVARNABHUMI AIRPORT
Development Project Phase 2"World Class Airport"
PPS officers grow the marigold flowers for commemorating the mercy of King Rama IX
PPS in forest is an activity that officers explored the forest around the construction site for conservation and rehabilitation
2018-2021
SIAM SCAPE (BLOCK H)
“Life & Learning Experiencws”
2018-2023
EMSPHERE
“193,000 sqm. Emsphere emphasizes Bangkok’ s eclectic urban eccentricities: density. ."
The joint venture company between PPS Group and global Design and Consultancy firm, One Works.
Established Profin Group Co., Ltd.
Established PPS Innovation Co., Ltd
STRUCTURE COMPANY
SERVICES OUR
INNOVATIVE SERVICES AND PRODUCTS
CONSTRUCTION PHASE
PRE - CONSTRUCTION PHASE
AND TECHNICAL SUPPORT
• Architectural and Engineering Designs • Technical Services
Support with BIM Technologies
DESIGN SERVICES
YAS HOTEL ABU DHABI
QUANTITY SURVEYING • Project Planning/Scheduling • Project Feasibility Study • Financial Planning • Design Management • Project Budgeting • Value Engineering
COST MANAGEMENT
CONSTRUCTION MANAGEMENT • Design Review • Engineering Procurement and
Construction • Project Management • Construction Supervision • Project Cost Control • Progress Report • Presentation • Contract Management
PROJECT MANAGEMENT /
AND PRODUCTS •Green and Sustainable Consultants •Web Design Application • IT & Media Solution • Events and Presentations • Innovative and Sustainable
Products
INNOVATIVE SERVICES
Property Development Our Services
• Property Development Business • Construction Project Management • Transportation Business of Land,
Naval and Air for both Domestic and International
INVESTMENT PLATFORM Our Services
Ensemble Equity Pte. Ltd which is our investment arm in Singapore to support the investors from all over the world who want to invest in Thailand.
Profin Group which is our Thailand base ICO portal providing financial advisory based on block-chain technology
Project recently completed
Magnolias Waterfront Residence & The Iconsiam Superlux Residence
in 2019
in 2019
Project recently completed
Supreme Court of Thailand
in 2019 Project recently completed
19 Branches in 2019 Rama I,Rama ii, Patthanakarn ,Seacon Square, Rattanathibeth, Charansanitwong:: Bangkok
Rojana, Bangpain, Ayutthaya, Korat 2, Warin Chamrap, Ubonratchathani Nongbualamphu, Klang: Rayong, Nakhonnayok, Banbueng: Chonburi, Saraburi,
Udonthani, Nakornnayok, Dejudom (Mall Ext.): Ubonratchathani
Tesco Lotus
in 2019 Project recently completed
HomePro
Mukdahan, charansanitwong, Ramintra, Fashion island Branch
CURRENT PROJECT
Airport Suvarnabhumi
LSV and LSP SIAM SINDHORN
BLOCK H PMCU
One of new projects that PPS got both of quantity survey and construction management contracts
Sukhumvit 23 Muniq
The Mall Rakhamhaeng 2 Retail Project
Emsphere Retail Project
Emsphere
& Holiday Inn Resort Samui Bophut Holiday Inn Express Samui Bophut
Central Plaza Chonburi
Retail Project
Retail Project HomePro
Rama II, Phuket
Office Building Project
WHA Bangna Muangthai Capital
CLIENTS OUR
INFRASTRUCTURE
RESIDENTIAL & HOSPITALITY
OFFICE BUILDING
RETAIL
HIGHLIGHTS Trustworthiness Innovation and
Sustainability Professionalism
COMPANY
ACTIVITIES
SOCIAL
AND HONORS AWARDS
- Best Company Performance Awards (Company listed on mai) - Outstanding sustainability Award 2018 Awards - Thailand Sustainability Investment 2015-2018 - The Company Received CGR Project Survey 2018 with Excellent CG Scoring 5 Stars Rank
AND HONORS AWARDS
BEST COMPANY PERFORMANCE AWARDS SET AWARDS 2018
AND HONORS AWARDS
OUTSTANDING SUSTAINABILITY AWARDS 2018 SET SUSTAINABILITY AWARDS 2018
AND HONORS AWARDS
THAILAND SUSTAINABILITY INVESTMENT AWARDS (THSI) SET SUSTAINABILITY AWARDS 2018
Financial Statements (Q2 2019 H1 2019)
as of Sep 16, 2019
Profitability Financial Performance
GP 21.39%
NP 4.14%
ROA 1.11%
ROE 0.92%
Current Ratio 6.20 P/E Ratio 207.68
0.33 D/E Ratio
Financial Statements
190.26 234.08
27.53% 21.39%
0%
10%
20%
30%
40%
50%
0.00
50.00
100.00
150.00
200.00
250.00
1H 2018 1H 2019
(MB)
Revenue Gross Profit Margin
94.05 106.08
23.87%
15.86%
0%
10%
20%
30%
40%
50%
0.00
50.00
100.00
150.00
200.00
250.00
Q22018 Q22019
(MB)
Revenue Gross Profit Margin
Financial Statements
234.22 306.92 388.95 378.50 234.08
26.36%
32.81% 34.33%
22.92% 21.39%
0%
10%
20%
30%
40%
0.00
50.00
100.00
150.00
200.00
250.00
300.00
350.00
400.00
450.00
Y2015 Y2016 Y2017 Y2018 H12019
(MB)
Revenue Gross Profit Margin
Breakdown by Service (MB) PPS Group Revenue
PPS
208.17
PPSOW
25.08
PPSI
0.38
SPP
0.45
PPS
PPSO
W H1 2019
PPS
170.60
PPSD
16.33
PPSI
0.03 SPP
[VALUE]
PPSPPSDPPSISPP
H1 2018
Breakdown by Customer (MB) PPS Group Revenue
Govern
ment
27.26 % Private
72.6
4% Governme
ntPrivate
H1 2018
Govern
ment
[VALUE]
% Private
[VAL
UE… Governme
ntPrivate
H2 2019
Breakdown by Customer (MB) PPS Group Revenue
22.73
69.1
61.73
19.14
61.52
24.72
93.7
85.27
42.62
60.6
27.1
101.64 101.23
80.43 78.55
32.58
103.96 109.73
61
71.23
11.58
52.77 57.83
51.31
38.44
0
20
40
60
80
100
120
Office Buildings Retail Areas Residential Buildings Infrastructure Others
(MB.) 2015 2016 2017 2018 H1 2019
Financial Performance
172.48 206.24
255.41
291.74
184.01
61.05 71.59 75.83 78.51 47.06
73.64% 67.20% 65.67%
77.08% 78.61%
26.07% 23.32% 19.49% 20.74% 20.10%
0%10%20%30%40%50%60%70%80%90%
0.00
50.00
100.00
150.00
200.00
250.00
300.00
350.00
Y2015 Y2016 Y2017 Y2018 H1 2019
COS , Operating Expense (MB)
COS Opex COS as % of Revenue Opex as % of Revenue
MB
Financial Performance
3.39 32.18 55.17 7.42 10.03 1.42%
10.07%
13.93%
1.92%
4.14%
0%
2%
4%
6%
8%
10%
12%
14%
16%
0.00
10.00
20.00
30.00
40.00
50.00
60.00
Y2015 Y2016 Y2017 Y2018 H1 2019
Net Profit (MB) Net Profit Margin
Net Profit Net Profit Margin
MB
%
Statement of Financial Position MB
217.93
291.64
406.14 406.43 431.28
44.88 74.66 72.99 84.9 107.35 173.05
216.98
333.15 321.53 323.93
0
100
200
300
400
500
600
Y2015 Y2016 Y2017 Y2018 H1 2019
Asset Liability Equity
0.26 0.35
0.22 0.26 [VALUE] D/E Ratio
Ratios
2.57%
16.32% 19.23%
2.82% 1.11% 0.00%5.00%
10.00%15.00%20.00%25.00%30.00%
2015 2016 2017 2018 H12019
ROA ROE
1.92%
16.50% 20.10%
2.27% 0.92% 0.00%5.00%
10.00%15.00%20.00%25.00%30.00%
2015 2016 2017 2018 H12019
New Projects Awarded
Total Projects Awarded Total Projects Value
34
54 61 59
32
0
20
40
60
80
2015 2016 2017 2018 H1
2019
Projects
247.49
508.95
224.68
399.34
148.18
0
100
200
300
400
500
600
2015 2016 2017 2018 H12019
Projects Values (MB)
AOT 328.97 MB
as of Aug 31, 19 Backlog Comparison
Status Contract value
(MB) 2019 2020 2021 2022-2023
A. Signed contract project value 366 116 144 68 37 B. No contract signed yet but likely expected to get job 25 10 15
TOTAL (A+B) 391 126 159 68 37
as of Aug 31, 19 Backlog Comparison
Status Contract value
(MB)
A. Signed contract project value 2.61 B. No contract signed yet but likely expected to get job 10.28
TOTAL (A+B) 12.52
Vision Industry Overview Business Plan in 2019
Vision Industry Overview
Residential & Hotel Sector In Q2 2019 : continued on the slower pace which had then depressed work on new residential projects
In H2 2019 : will likely remain flat as the economy slows down
Private Investment
Retail & Modern Trade Sector will continue to invest in new branches in the Bangkok region and in the provinces, although these new outlets may be smaller and the types of goods and services that they offer will vary according to the location
Private Hospital Industry Hospital operators should see steady growth in their business. But expansion could be slow due to complexity of the business and operation
Vision Industry Overview
Public Investment
Don Mueng Airport Phase 3
Suvarnabhum Airport U-tapao Airport and Eastern Airport City
Project Investment budget : 39.000 million bath The project will start in 2020 The project will be officially opened in 2025 Capacity capable of handling : 40 million passengers/year
Investment budget : 290 billion bath The project will start in 2019
Runway III Development Investment budget : 13,000 million bath The project will start in 2019
Risk Factors •Risks associated with continuity and certainty of revenue •Risks from business competition •Risk of Dependence on Executive and lack of capable staff •Risk of new business Start-Up
In 2019
PPS Business Plan
PPS BUSINESS STRATEGY MAXIMIZE VALUE
SCALING
QUALITY
Building Local
Infrastructure/ Factory International Client
ISO/ INNOVATION
BRANDING Intangible Asset Tangible Asset
& INNOVATIONS Quality
MyPPS DOCUMENT CONTROL QUALITY ASSURANCE & SHE POLICY
BIM Object : To choose materials in our data for room decoration
To storage material details such as size, colour, picture, and etc. To resize the model immediately To easily access the system overview
BRANDING PPS
www.pps.co.th
TRUSTWORTHY INNOVATIVE
SOLUTION