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  • Opportunity Day March 2012

    Supalai Public Company Limited

  • Opportunity Day March 2012

    Supalai Public Company Limited

  • Executive Summary

    2

    Delivering record sales and revenue in 2011 despite the floods

    Robust market share growth in provincial markets with established operations

    Secured land bank to support new launches and further growth

    Newly inducted to be a component of SET50 and SETHD indices

  • 3

    For the year ended (Million Baht) 31Dec11

    31Dec10

    (Restated) Change

    MB. %

    Total Revenues 12,809 11,184 1,625 15%

    Revenues from Sale on Real Estate 12,466 10,885 1,581 15%

    Gross Margin (%) 42.4% 43.0% - -

    Selling and Administrative Expenses 1,353 991 362 37%

    % S&A to Total Revenues 10.6% 8.9% - -

    Earning before Tax 3,991 3,791 200 5%

    % EBT to Total Revenues 31.2% 33.9% - -

    Corporate Tax 1,319 1,153 165 14%

    % Effective Corporate Income Tax Rate 33.0% 30.4% - -

    Net Profit 2,568 2,581 (13) (1%)

    Net Profit Margin (%) 20.0% 23.1% - -

    Basic Earnings Per Share (Baht) 1.50 1.50 0 0%

    Consolidated Income Statement

  • 4

    (Million Baht)

    31Dec11 31Dec10 (Restated)

    Change

    MB. %

    Total Assets 20,495 18,586 1,908 10%

    Loan from Financial Institutions 5,100 4,393 706 16%

    - Project Loan 80 253 (173) (68%)

    - Debenture 4,139 4,137 2 0%

    - Other 880 3 877 30,664%

    Deposits & Advances Received From Customers 2,221 2,166 55 3%

    Total Liabilities 9,362 8,962 400 4%

    Total Shareholder's Equity 11,132 9,624 1,509 16%

    Issued and Paid-up Share Capital 1,717 1,717 - 0%

    Consolidated Statement of Financial Position

  • 5

    Remark : Net Gearing = (Interest Bearing Debt Cash) / Equities

    31Dec11 31Dec10

    Net Gearing (%) 40% 42%

    Net BV Per Share (Baht) 6.49 5.61

    Interest Coverage Ratio (Times) 28 53

    ROE (%) 23% 27%

    ROA (%) 13% 14%

    Financial Ratios (Consolidated)

  • 6

    Expansion in Provincial Markets

    L M H

    DH

    TH

    CD

    Chiangmai

    Khonkaen (Subsidiary)

    Bangkok Metropolis

    Chonburi

    Phuket

    Suratthani L M H

    DH

    TH

    CD

    L M H

    DH

    TH

    CD

    L M H

    DH

    TH

    CD

    L M H

    DH

    TH

    CD

    L M H

    DH

    TH

    CD

    Remark : DH = Detached House, TH = Townhouse, CD = Condominium, L = Low income, M = Middle income, H = High income

    Hadyai (Subsidiary) L M H

    DH

    TH

    CD

  • 7

    4,804 5,358 5,9607,285

    9,46911,2362,164

    2,1223,341

    4,881

    4,416

    4,675

    18,000

    0

    2,000

    4,000

    6,000

    8,000

    10,000

    12,000

    14,000

    16,000

    18,000

    20,000

    2006 2007 2008 2009 2010 2011 2012 (T)

    High Rise Low Rise Target

    Sales Contract Performance & Target Million Baht

    13,885

    Remark : Sales contract shown are value of total contracts signed minus all cancellations

    15,911

    Historic quarterly sales in 4Q11 worth 6.3 billion Baht

  • City Resort Ratchada-Huaykhwang

    8

    No. of Units : 875 Project Value : 1,600 MB Launch Date : January 2012

    Remark : Percentage shown are derived from pre-sales by value as of 26Feb12

  • 9,36810,529

    11,677

    7,761

    3,4715,624 5,190

    12,500

    0

    2,000

    4,000

    6,000

    8,000

    10,000

    12,000

    14,000

    2009 2010 2011 2012 (T) 2012 2013 2014 2015

    Revenue Recognized Backlog Revenue Target

    9

    Revenue & Backlog (The Company Only)

    Total Backlog = 22,046 Million Baht

    Million Baht

    Remark : Numbers as of 31Dec11

  • 10

    Project Type Project Value Backlog

    Remaining Project Value

    Units Million Baht Million Baht Million Baht

    Condominium - Completed 16,201 35,938 559 2,109

    Condominium - Under Construction 8,261 26,265 18,640 7,603

    Detached House 8,948 31,154 2,174 10,380

    Townhouse 4,318 11,438 673 1,042

    Grand Total 37,728 104,796 22,046 21,133

    Remark : The company has combined finished inventory for detached house and townhouse of 820 MB as at 31Dec11

    Ongoing Project Status (31Dec11)

  • 11

    Remark : The company has land acquisition budget of 4.5 billion Baht in 2012 (3.6 billion Baht spent in 2011)

    Project Type Project Launched 2011 New Project Launch 2012 (Land Secured Only)

    Land Bank Secured for 2013 Onwards

    # Value # Value # Value

    Low Rise 5 4,680 11 8,420 10 6,810

    High Rise 4 11,920 5 9,190 1 3,600

    Total 9 16,600 16 17,610 11 10,410

    Project Launch Plan & Land Bank

  • Supalai Wellington

    12

    No. of Units : 1,062 Project Value : 4,750 MB Launch Date : March 2012