FILTER VISION PUBLIC COMPANY LIMITED · 3/27/2020 · This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole

FILTER VISION PUBLIC COMPANY LIMITED

Opportunity Day : YE 2019 March 27, 2020

Live on SET Website & SET Application

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 Filter Vision Public Company Limited (“FVC” and shares

in FVC “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 FVC operates and general achievement of FVC business forecasts, which will

cause the actual results, performance or achievements of FVC to differ, perhaps

materially, from the results, performance or achievements expressed or implied in this

presentation.

This presentation has been prepared by FVC. 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 FVC 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.

Business Overview 01

Financial Information 02

Strategy and Outlook 03

Q & A 04

Table of content




Q & A 04

Table of content

Business Overview

Industrial & OEM B1

Commercial & Residential B2

Medical Service B3

• Distribute, Design, Assembly, Install and preventive maintenance of water treatment system and related products

Industrial & OEM - B1

• Distribute, Design, Assembly, Install and preventive maintenance of water treatment system and related products

.

Commercial & Residential - B2

B3 (IRV) – Dialysis SOLN, Water and Facility for Hemodialysis(HD) B3 (KTMS) – Hemodialysis Center

B3 (MV) – Pneumatic Tube System B3 (HHC) – Healthcare and aesthetics

Medical Service - B3

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Business Overview

B1 : Industrial and OEM

Semi Automatic Water Purifier Reverse Osmosis System Waste Water Treatment

Zero Discharge Wastewater Treatment Biowell for Medical Ultra Filtration

Business Overview

Fiber Glass Tank

UV Disinfection System

Filter Cartridge & Housing

Auto Valves B1 : Industrial and OEM

Business Overview B2 : Commercial & Residential

Biosure Compact Sanitation System

Everpure High Flow Triple_7FC and Claris L System

Nitrogen Beverage Dispensers

Water Int Pad Saving Energy System

Water System for Drinking Water and Ice Machine

Innovatek Bacteria Free-Ice Solution

Business Overview

B3 : Medical service

Dialysis Solution

Chemical Hood

Dialyzer Cabinet

Decoration for HD

Pure Water Treatment System for HD

IRVING CORPORATION LIMITED

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Business Overview B3 : Medical service

KT MEDICAL SERVICE COMPANY LIMITED

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Business Overview


MEDICAL VISION COMPANY LIMITED

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Business Overview


HI HEALTHCARE CENTER COMPANY LIMITED

Customer Segments

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Customer Segments

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Customer Segments

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B2 : Commercial & Residential

Customer Segments

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B2 : Commercial & Residential

Customer Segments

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Q & A 04

Table of content

Financial Information

(Bt.mil) 2018 2019 increase/ (decrease) %

B1 100.51 218.73 118.22 117.62%

B2 255.47 288.67 33.20 13.00%

B3 300.73 310.16 9.43 3.14%

Total 656.71 817.56 160.85 24.49%

Revenue

0

200

400

600

800

1000

2015 2016 2017 2018 2019

364.91 394.31 459.26

656.71

817.56

2018 Revenue Breakdown

B1

B2

B3

B3

46%


B1

B2

B3

B2

39%

B3

38%

B2

35%

B1

15%

B1

27%


Gross Profit Margin

Gross profit margin % was increased from 2018 due to >> Growth of revenue while fixed cost still constant. >> Thai foreign exchange rate of Baht was appreciate more than the previous year.

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

2014 2015 2016 2017 2018 2019

27.94% 26.34%

28.59%

19.11%

22.21%

27.21%


SG&A

SG&A was increased in an amounting of Baht 273.08 million mainly came form >> Subsidiary company has recognized allowance for impairment and allowance for doubtful debt in year 2019.

-

100.00

200.00

300.00

400.00

500.00

2015 2016 2017 2018 2019

18.03 22.72 25.64 30.05 38.82 70.55 75.54 81.31 100.79

365.10

Selling Admin


Net Profit (Loss)

12.64 12.02 21.69

(3.88)

(251.96)

(300.00)

(250.00)

(200.00)

(150.00)

(100.00)

(50.00)

-

50.00

2015 2016 2017 2018 2019

Net Profit

Net Loss was increased from the year 2018 in an amounting of Baht 248.08 million mainly came from Subsidiary company has recognized allowance for impairment and allowance for doubtful debt in year 2019.


Balance Sheet

-

200.00

400.00

600.00

800.00

1,000.00

2015 2016 2017 2018 2019

407.05 466.93

787.13

954.82

772.52

70.72 107.94 123.43

283.75 361.95

336.33 358.99

663.7 671.07

410.57

Asset Liability Equity

A

Assets >> Goodwill was decrease in an amounting of Baht 116.57 million. >> Intangible Asset was decreased in an amounting of Baht 47.87 million. >> Property, Plant and Equipment was decreased in an amounting of Baht 11.05 million. Liabilities >> Trade and other payables was increased in an amounting of Baht 51.30 million.

>> Long term loan from financial institution was increased in an amounting of Baht 11.28 million. Equity >> Equity was decreased in an amounting of Baht 260.50 million from Operation’s loss due to impairment.

A

A A A

L L L

L L E E

E E

E

A

-182.30

L

78.20

E

-260.50


ROA

-80

-60

-40

-20

0

20

2015 2016 2017 2018 2019ROA

ROE

-150

-100

-50

0

50

2015 2016 2017 2018 2019ROE

>> ROA & ROE were decreased from the year 2018 mainly came from Subsidiary company has recognized allowance for impairment and allowance for doubtful debt in year 2019.

-64.70%

-121.96%


D/E

0

0.2

0.4

0.6

0.8

1

2015 2016 2017 2018 2019

DE 0.46%

D/E ratio increased from previous year, due to >> Trade and other payables was increased in an amounting of Baht 51.30 million. >> Loan from financial institute was increased in an amounting of Baht 11.28 million. >> Equity was decreased in an amounting of Baht 260.50 million from Operation’s loss due to impairment.




Q & A 04

Table of content

FVC Road Map

Expand market to Medical Service Sector .

IPO on October 29, 2013

2013

Food

&

Bev

erag

e M

edic

al

Ser

vice

Restructure Technical Service Department “Water Treatment” &

“Food Equipment”

2014 2014 2014 2015

• Capital Increased to 195 MB.

• Purchase land for new office and warehouse (BKK)

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FVC Road Map

• Entered into franchisee of “Wuttisak Clinic”. • New Local Marketing & Operation in

healthcare and esthetics business. • Exercise the 63 HD machines.

• Prepare the building in North to operate the new hemodialysis center in 2019.

2016

Food

&

Bev

erag

e M

edic

al

Ser

vice

• Purchase land in Chiang Mai.

• Capital increased to 342.79 MB.

• Special project for discount store.

• Water treatment for dental.

2014 2014 2017 2018

• Capital Increased to 355.50 MB.

• Start with new office and warehouse (BKK). • Launching New Products ; Water INT and Nitro Coffee.

• Re-positioning in Industrial and OEM (B1)

• Recognize income from improve wastewater treatment systems.

Operated Hemodialysis Center and Pneumatic Tube System.

• Operated 2 new branch of Hemodialysis Center

• Capital increased to 40.00 MB. (KTMS)

• Entered MOU with “Wuttisak Clinic”

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FVC Road Map

• Announce New Vision, Mission and Core Value. • Implement the ERP system for business. Corporate

2020

• Contract in wastewater treatment systems (expected to be over than income budget).

• Recognized income from WATER INT PAD in North.

• Engagement in new organization for WATER INT PAD.

Food & Beverage

• Operated not less than 10** branches of hemodialysis unit and exercise not less than 100** HD Machines.

• Recognized income from complete installation Pneumatic Tube System for 9 projects in Third quarter.

• Expanding business in dialysis SOLn , water and facility for hemodialysis(HD).

• Proper scaling and strategy for healthcare and aesthetics.

Medical Service

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FVC Road Map : Plan 2020 -2022

Balancing The Business’s Portfolio.

Corporate

Uniformed Employer & Employee Branding.

Supply Chain Mgmt. : Central operation center, Utilities' Mgmt.

Projected to spin-off Medical Service to mai in 2021.

B1 27%

B2 35%

B3 38%


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•FVC Road Map : Plan 2020 -2022

Sale Target : 150-200 MB. In 2022

B1 Industrial & OEM

Contractor and O&M for WTP and WWTP.

Green & Energy Saving Technology for Special Application.

R & D resources for FVC.

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Sale Target : 500.00 MB. In 2022.

B2 Commercial & Residential

Turned around knowledge base to be sale (Value added).

The New Flagship ; WATER INT PAD / Nitro Tea / Food equipment.

Analysed the Big Data for New Product & Service.

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Sale Target : 300.00 MB. In 2022.

B3 Medical Service

Operation Synergised to Reducing Cost as well as Standardized.

Increasing The Hemodialysis Operation (All Products):Forward & Backward Business.

Exercise the 300 HD machines (approximate).

Optimizing scale and strategy for healthcare and aesthetics.

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B1 Industrial & OEM.

• Contactor + O&M : Trading

(80:20). • Green and energy saving

technology.

Strategy and Outlook


• From base to be AR. • Rolling value added to

business partner. • Finding New Ecosystem Man

with Optimistic

B3 Medical Service

• Medical engineering,

Inspiration for hope (HD), and FVC employee branding (healthcare and aesthetics).

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New Product Highlight

New Technology Product

New Green & Environmental Friendly

Water Int Pad Intelligent Water Injection

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B1 Industrial & OEM

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Contractor + O&M : Trading (80:20). Green and energy saving technology. ----------------------------------------- Project Management. Sale force management.


Technology for Demineralized System

and Waste Water Recycle System.

• Ultrafiltration • Reverse Osmosis • Ion Exchange resin. • EDI (Electrode ionization)

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Water Treatment system

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Alkaline Drinking Water System

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Waste Water Treatment Plant

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Tricking Filter System for Condensate Water Treatment

Waste Water Treatment Plant

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Sequencing Batch Reactor SBR

Waste Water Treatment

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Water Recycle Treatment system project

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UV Disinfection for F&B

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• From base to be AR. • Rolling value added to business partner. • Finding New Ecosystem Man with

Optimistic. ------------------------------------------------ • Business partners’ satisfaction. • Reinventing Organization.



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Built-in 100 micron strainer stops particles before they enter the waterway Waterways are lead-free in materials & construction Stainless steel top One piece, low flow, flexible bubbler guard Heavy duty galvanized steel frame Four push pad manual activation on water cooler External stream height adjustment on cooler Hands free bottle filler with programmable shut off timer Integrated bottle counter and filter monitor Universal split-level: can be installed left high and right low or right high and left low

BOTTLE FILLERS & FOUNTAINS

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One System with all sanitation aspects

Food Safety Sanitation Solutions

• Green solution to odor control • Kill viruses, germs, bacteria from hotel rooms, clinics,

homes, public spaces. • High Output, Hi-Efficiency Ultra Long Life American

made UV Tube • On/Off switch with build-in LED 9 position electronic

timer • Easily freshen a 100 m³ space in 10 minutes, and a

2,200 m³ space in about 2 hours or less.

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Air Treatment

Ozone Generators

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INNOVATION that increase an efficiency of air conditioning system. Reduces condensing unit temperature Increase performance of the system Conserve electrical consumption ≥ 20% Reduce system working hours Increase condensing unit life time Control module with protection sensor Remote monitoring via mobile phone (optional)

Keep Comfort & Save Energy

B3 Medical Service

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• Medical engineering, Inspiration for hope (HD), and FVC employee branding (healthcare and aesthetics).

------------------------------------------------- • Strategy re-positioning in subsidiaries. • Medical standard competency.


Pneumatic Tube Carrier System

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Hemodialysis Center

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Healthcare and aesthetics clinic under trademark “Wuttisak Clinic”




Q & A 04

Table of content

Investor Relations Email : [email protected]

For further Information and current news www.filtervision.co.th

Documents

FILTER VISION PUBLIC COMPANY LIMITED · 3/27/2020 · This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole