Presentation: 1H18 Performance Contents I. Key Highlight II. - - PowerPoint PPT Presentation

Presentation: 1H18 Performance

PAGE 1

Contents

I. Key Highlight

• II. Company Overview
• III. Financial Performance
• IV. Business Update

PAGE 2

Contents

I. Key Highlight

• II. Company Overview
• III. Financial Performance
• IV. Business Update

PAGE 3

Key Highlight

Operation Highlight

Bangkok International Motor Show & Used Car Show The Magnificent 10 & OFFROAD Day Honda Racing E-Racing Sport

PAGE 4

Key Highlight

Performance Highlight

(Unit : Million Baht)

1H18 1H17 YoY

Revenue from Sales & Services

648.70 626.85 +3.49%

Gross Profit

347.03 319.79 +8.52%

Net Profit

209.54 186.90 +12.12%

% to Sales & Services

1H18 1H17

Gross Profit (% to sales & services)

53.50% 51.02%

Net Profit (% to total revenue)

32.07% 29.61%

PAGE 5

Contents

I. Key Highlight

• II. Company Overview
• III. Financial Performance
• IV. Business Update

PAGE 6

Company Overview

VISION

“Aim to be a leader in innovative automobile media and integrated exhibition organizer to drive Thai automotive industry to international” Exhibitions and Events Print and New Media Printing

1 2 3 92% 4%4%

1H18 Revenue Contribution as of Sales & Service Revenue

84% 7% 9%

Exhibition & Event Print & New media Printing

2017

PAGE 7

Company Overview

Exhibitions & Events : Leading Position in Auto Event Organizer of ASEAN

Bangkok International Motor Show

1

1.78 1.73 1.65 1.60 1.62

2014 2015 2016 2017 2018

Number of visitors

Unit: million

Financial Drivers

• high occupancy rate through providing exhibit

space service

• International standard
• Highlight & Concept Car from the

headquarter auto manufacturers

• High quality
• Well-known reputation
• Strong relationship with leading

automotive company

PAGE 8

Company Overview

Exhibitions & Events : Leading Position in Auto Event Organizer of ASEAN

• A high-quality second-hand car exhibition from renowned

distributors.

• Exhibits for 10 times since 2009, with over 0.2 million visitors

Bangkok Used Car Show

2

• Company’s event: automotive contest i.e. Car & Bike of the year etc.
• Customer’s event: test drive, launching new auto event, Air race 1

Event Organizer

3

2-8 April 2018 E-Racing Sport

• Extensive experienced in automotive

industry

• Expanded business into other fields

The Magnificent 10

PAGE 9

Company Overview

Print & New Media : Creating community and building engagement

• Magazine: related with automotive content including

Grand prix, Motorcycle, XO Auto sport and Off road. And also acquires license to publish a foreign lifestyle magazine under the name Garage Life.

• Newspaper: weekly newspaper Yuad Yan, one of the legendary automotive

newspaper in Thailand

• Website: expanded to online media by creating website according to its magazine.
• Television media: 1 TV program with automotive and variety contents.

Magazine News Paper

Publishing

Print and Media Key Value

• Insight information, trendy and lifestyle
• Creating community and building engagement

Online Channel

PAGE 10

Company Overview

Printing : Creating value through quality printing

• Provides full printing service in various types, such

as magazine, catalog, brochure, calendar etc.

• The company has a strategy to develop printing

machine for supporting multi-function of printing services i.e. packaging printing services. 4 Years Awards Example of services

Key Drivers

• Quality Printing
• Cost Effectiveness

PAGE 11

Contents

I. Key Highlight

• II. Company Overview
• III. Financial Performance
• IV. Business Update

PAGE 12

569.23 541.29 526.55 555.46 593.59 66.35 83.23 156.70

2015 2016 2017 1H17 1H18 Event Exhibition

683.24 624.52 635.58 82.50 75.90 57.08 32.36 27.41

2015 2016 2017 1H17 1H18

58.41 52.20 74.60 39.03 27.70

2015 2016 2017 1H17 1H18

Exhibition & Event Print & New Media Printing Exhibition & Event

• Fully recorded revenue from the Motor

Show and Used Car Show in first half year Print & New Media

• Revenue from online media was

increased while revenue from offline media was slightly decreasing Printing

• Revenue from printing business was

decreased from lower projects than the same period of the year.

Financial Performance

Sales & Services Revenue By Segments: Fully recorded revenue from The Exhibitions 1 2 3

Unit: million baht

PAGE 13

Financial Performance

Profitability: Sales & Services Revenue up to 3.49% YoY

776.48 752.62 814.92 626.85 648.70

2015 2016 2017 1H17 1H18

Sales & Services Revenue (million THB) +3.49% YoY

• Sales & Services Revenue was increased by 3.49% YoY
• mainly from Exhibition and event organizing business.

PAGE 14

348.95 317.85 329.79 319.79 347.03

2015 2016 2017 1H17 1H18

Financial Performance

Profitability: Gross Profit up to 8.52% YoY

Gross Profit (million THB)

• Gross Profit was increased by 8.52% YoY with 53.50% to

sales and services revenue.

• According to revenue from providing space service increased

in BIMS while cost remained stable

+8.52% YoY

2015 2016 2017 1H17 1H18

44.94% 42.23% 40.47% 51.02% 53.50% % to Sales & Service Revenue

PAGE 15

126.09 119.60 140.17 186.90 209.54

2015 2016 2017 1H17 1H18

Financial Performance

Profitability: Net Profit up to 12.12% YoY

Net Profit (million THB)

• Net Profit was increased by 26.24% YoY with 32.07% to

total revenue.

• S&A to sales and services revenue was decreased from

effective controlling in expense.

+12.12% YoY

2015 2016 2017 1H17 1H18

15.61% 15.70% 17.01% 29.61% 32.07% % to Total Revenue

PAGE 16

Financial Performance

Financial Structure: Strong Financial Structure & High Liquidity

906.68 790.39 178.22 179.69

4Q17 2Q18

Non-Current Current Asset 320.78 84.97 22.21 23.64

4Q17 2Q18

Non-Current Current

741.91 861.45

4Q17 2Q18

Assets Breakdowns (THB million) Total Liabilities Total Equity

84% 16%

Balanced sheet strength as of 2Q18 (Unit: million baht)

81% 19% 970.07 1084.90 Cash & Trade receivable* 108 D/E Ratio 0.13 ROE 30.49% ROA 31.18% 108.62 342.99 Remark : *Cash and cash equivalents was 11.8 THB million, Trade and other receivables was 96 THB million

Dividend Policy

Dividend no less than 50% of net profit 2017 0.26 baht/share 1Q18 0.15 Baht/share

• 68.33%

+16.11%

PAGE 17

Contents

I. Key Highlight

• II. Company Overview
• III. Financial Performance
• IV. Business Update

PAGE 18

Business Update

Oversea Expansion: Main Organizer in Yangon International Motor Show

Under Construction Yangon International Motor Show in Myanmar

• Will be held after YCC (Yangon Convention Centre)

completed construction work.

• Supported by Automotive Association of Myanmar (AAM)

Total capacity approximately by 9,000 m2

Left-hand Car Car Accessories

PAGE 19

Oversea & Event Expansion One-Stop Auto Sourcing Expanding into Packaging Market

• Planning to arrange auto show in

CLMV.

• Event expanding in other fields
• Printing in more various types of

works.

• GPI Printing has been nominated in

Thai Print Award every years since 2014

Outlook

Future Outlook: Growth Strategy

• End-to-end auto portfolio options.
• Integrate the offline and online

sales.

• Digital Marketing strategy through

consumer behavior in BIMS

Q&A

Disclaimer

The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for share in Grand Prix International Public Company Limited (“GPI” and shares in GPI, “shares”) in any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. This presentation may include information which is forward-looking in nature. Forward-looking information involve known and unknown risks, uncertainties and other factors which may impact on the actual outcomes, including economic conditions in the markets in which GPI operates and general achievement of GPI business forecasts, which will cause the actual results, performance or achievements of GPI to differ, perhaps materially, from the results, performance or achievements expressed or implied in this presentation. This presentation has been prepared by the GPI. The information in this presentation has not been independently verified. No representation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and opinions in this presentation. None of the GPI or any of its agents or advisers, or any of their respective affiliates, advisers or representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. This presentation is made, furnished and distributed for information purposes only. No part of this presentation shall be relied upon directly or indirectly for any investment decision-making or for any other purposes. This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole or in part, be reproduced, redistributed or made available to any other person, save in strict compliance with all applicable laws.

Appendix

PAGE 23

Corporate Information

Share Structure & Management Team

Issuer Grand Prix International Public Company Limited Ticker GPI Market SET Registered Capital 300,000,000 THB (600,000,000 shares / Par 0.50 baht/share)

Free float 37% Eamlumnow Family 63%

Share Structure (as of 09 March 2018) Management Team

Name Designation

• 1. Dr. Prachin Eamlumnow

Chief Executive Officer

• 2. Mr. Jaturont Komolmis

Chief Operation Officer – Sales and Marketing

• 3. Mr. Anothai Eamlumnow

Chief Operation Officer – Business development

• 4. Mr. Peeraphong Eamlumnow

Chief Operation Officer – Media

1 2 3 4

PAGE 24

1H18 Profit & Lost

Unit : THB million 1H18 1H17 1H17/1H18 change Revenue from sales and services 648.70 626.85 3.49% Cost of sales and services 301.67 307.06

• 1.75%

Gross profit 347.03 319.79 8.52% Other revenue 4.66 4.31 8.13% Total revenue 653.36 631.16 3.52% S&A 89.74 89.98

• 0.26%

EBIT 261.95 234.12 11.89% Net profit 209.54 186.90 12.12% EPS 0.35 0.37

PAGE 25

Financial Position as of 30 June 2018

(Unit: THB mn) 2Q18 4Q17 2Q18/4Q17 change Cash and cash equivalents 11.85 413.99

• 3394.75%

short-term investments 672.81 330.16 50.93% Trade and other receivables 96.01 156.62

• 63.13%

Inventories 9.73 5.91 39.22% Total current assets 790.39 906.68

• 14.71%

Fixed assets 132.82 130.13 2.03% Goodwill and other intangible assets 46.86 48.09

• 2.61%

Total Assets 970.07 1,084.90

• 11.84%

Trade and other payables 41.50 55.40

• 33.50%

Deferred income 0.61 256.64

• 42194.22%

Other current liability 42.87 8.74 79.62% Total current liabilities 84.97 320.78

• 277.50%

Long-term debt

• Provision for Employee Benefit

23.64 22.21 6.06% Other non-current liabilities

• Total Liabilities

108.62 342.99

• 215.78%

Unappropriated retained earnings 135.46 15.91 88.25% Total Shareholder's Equity 861.45 741.91 13.88%

IR website: http://investor.grandprix.co.th Email: ir@grandprix.co.th Tel: +66 2522 1731-8 #309