Sc Asset Corp. Public Co., Ltd. · SET:SC

Sc Asset Corp. Public — SC Asset Corporation Public Company — Q2 2018 Earnings Presentation

24 slides from Sc Asset Corp. Public's earnings presentation, Aug 15, 2018

  1. Slide 1: Info Meeting 2Q18 — 15 August 2018

    INFO MEETING 2Q18 — 15 AUGUST 2018 y eam Attapol Sariddipuntawat Chief Corporate Officer 7

  2. Slide 2: SC Highlights in 2Q18 & 1H18

    SC HIGHLIGHTS IN 2Q18 & 1H18 OPERATING REVENUE 2Q18 3,960 MB +39% YoY, +48% QoQ 1H18 6,642 MB +44% YoY NET PROFIT 2Q18 446 mB +68% YoY, +72% QoQ ins =. 704 wB +107% YoY SC ASSET shoe ia PRESALES 2918 3,573 MB -12% YoY, -2% QoQ ins 7,235 MB -3% YoY

  3. Slide 3: Operating Revenue

    OPERATING REVENUE (Unit : MB) 2Q 2018 = 3,960 MB 1H 2018 = 6,642 MB (+39% YoY, +48% QoQ) (+44% YoY) 6,642 4,626 4,603 1,745 1917 3Q17 4Q17 1918 ! 2918 1H17 i 1H18 HB Revenue from Sales. J_-Revenue from Rental and Services 3 SC ASSET E ASS!

  4. Slide 4: Gross Profit Margin Breakdown by Business

    GROSS PROFIT MARGIN BREAKDOWN BY BUSINESS (Unit : %) 2Q 2018 = 34.1% 1H 2018 = 34.9% 40% : 37% — 36% 36% 34% 36% Rag —___ 35% em 62% 62% 62% 62% | 61% | 65% 61% i 34% 34% 33% 34% : 33% 1Q17 “2017 3 3Q17 4Q17 1018 2Q18 =@- GP (%) [GP Property ForSales(%) MM}. GP Rental and Services (%) 4 SC ASSET a:

  5. Slide 5: SG&A

    SG&A (Unit : % to Operating Revenue) 2Q 2018 = 773 MB (+14% YoY, +23% QoQ) 1H 2018 = 1,402 MB (+10% Yor) : 27.7% Roa emense: 23.8% 23.5% H : 19.5% | alts Specific Business Tax & um nee H 99% : H Transfer Fee H 5 : : 3.5% i a8 aeieratiabenirer I 2 3.5% 4 : : i 3.7% 2Q17 1Q18 1H17 1H18 SG&A (MB) 679 6

  6. Slide 6: Net Profit

    NET PROFIT* 2Q 2018 = 446 MB 1H 2018 = 704 MB (+68% YoY, +72% QoQ) (+107% Yor) , (11.3% 12.0% ey 112% | a 9.2% 9.6% | 7.3% 10.6% 4.3% : : Net Profit : i H Margin (%) i i i 704 556 i : 4 | 446 363 : : 264 259 ; H Net Profit 75 lJ L (Ma) 1Q17 £20773 3Q17 4Q17 1918 2Q18 : “Equity Holders of the Company

  7. Slide 7: Financial Position

    FINANCIAL POSITION 31 Dec 17 30Jun 18 Diff % YoY Total Assets (MB) 38,498 41,711 3,213 8% Total Liabilities (MB) 23,583 26,583 3,000 13% Total Equities (MB) 14,915 15,128 213 1% ROA (%) 3.50% 4.17% Net Profit / Avg. Total Asset ROE (%) 8.58% 11.15% D/E (Time) 1.58 1.76 IBD/E (Time) 1.27 1.35 EPS (Ba

  8. Slide 8: Property for Sales

    PROPERTY FOR SALES 2Q18 & 1H18

  9. Slide 9: Projects Launched in 1H18

    3 PROJECTS LAUNCHED IN 1H18 DAVE BANPHO - CHACHOENGSAO. Product Type Project area Total Unit Start Price (MB) Unit Sold “Units sold as of 14 Aug 18 : SDH (2F) 238 rai 2144 Units : Start 4.19 MB 130% VENUE RAMA -3 Product Type : Duplex House (2F) Project area 7 rai Total Unit 246 Units Start Price (M

  10. Slide 10: Ongoing Projects as of June 2018: 31,910 MB

    36 ONGOING PROJECTS AS OF 30 JUNE 2018 : 31,910 MB PRODUCT TYPE NO. OF PROJECT REMAINING VALUE(MB) % PROPORTION Single Detached House 26 21,760 68% Town House & Home Office Condominium 2 550 2% TOTAL 36 31,910 100% SC ASSET —

  11. Slide 11: Presales 2Q18 & 1H18

    PRESALES 2Q18 & 1H18 (Unit : MB) 2Q 2018 = 3,573 MB 1H 2018 = 7,235 MB (-12% YoY, -2% QoQ) (-3% YoY) 7,493 4,073 4310 3.662 3.573. : : 3,420 oats {56% YoY : | cont High-rise peveoen : : r H H 413% YoY i 2 sone | H '+47% QoQ H H 1Q17 3Q17 4Q17 1Q18 2Q18 1H17 i 1H18 Project Launched Project Launched #

  12. Slide 12: Revenues from Sales 2Q18 & 1H18

    REVENUES FROM SALES 2Q18 & 1H18 (Unit : MB) 2Q 2018 = 3,749 MB 1H 2018 = 6,223 MB (+42% YoY, +51% QoQ) (+49% Yor) ee. 6,223 4410 4,187 : j +49% Yor | 1+93% YoY H H 2,640 3,003 | 2,475 eed : | 49% Yor 1547 i i Q : High-rise a i | '+22% YoY Low-rise | +6% QoQ 1Q17 3Q17 4Q17 1Q18 : Top 3 Condo CB-CH cT

  13. Slide 13: Backlog 10,730 MB

    BACKLOG z 10,730 MB (LOW-RISE 22% : HIGH-RISE 78%) Total Unit Project Value 8 Ongoing Projects Transfer Period % Unit Sold (Unit) (MB) The Crest Santora Hua Hin 181 1,530 Start May 2014 82% Centric Tiwanon Station 1,080. 2,755 Start Jun 2014 98% 930 Start Apr 2017 82% 780 Start Dec 2017 66% 4,700 St

  14. Slide 14: Income Property

    INCOME PROPERTY 2Q18 & 1H18

  15. Slide 15: Revenue from Rental & Services

    (Unit : MB) Land & Technical Building for Rent Office Building. for Rent sc REVENUE FROM RENTAL & SERVICES 2Q 2018 = 211 MB 1H 2018 = 419 MB (-3% YoY, +2% QoQ) (+1% Yoy) 416 419 218 208 211 2Q17 1918 2Q18 1H17 1H18 Shinawatra Tower 1,2,3 SC Tower & Lotus Petchakasem 81, The Junction, Computer Center

  16. Slide 16: Property Development for Rental & Services

    PROPERTY DEVELOPMENT FOR RENTAL & SERVICES 6 Office Buildings comprised the total rentable space of 119,637 sq.m. with overall occupancy 95% Rentable Area : Rentable Area : 22,457 sq.m 16,220 sq.m. Rentable Area : Rentable Area : 54,085 sq.m 12,065 sq.m Data as of 30 Jun 18 16 SC ASSET

  17. Slide 17: Outlook 2H18

    OUTLOOK 2H18

  18. Slide 18: SC in 2H18

    SC IN 2H18 » Luxury Condo Completed : B i A T Ni | 0 » Grand Opening - SALADAENG BEATHIQ > New Projects Launched: 15 Projects / 15,000 Million Baht Low-Rise Projects (89%) : 14 Projects / 13,300 Million Baht High-Rise Project (11%) : 1 Project/ 1,700 Million Baht 18 SC ASSET SC ASSET

  19. Slide 19: Projects for Sales in 3Q18

    45 PROJECTS ONGOING PROJECTS AS OF 30 JUN 18 FOR SALES IN 3Q18: 40,290 MB NEW PROJECTS IN 3Q18 36: 9 VALUE 31,910 MB VALUE 8,380 MB TOTAL PROJECTS FOR 3Q18 VALUE 40,290 MB SC ASSET

  20. Slide 20: Projects for Sales in 3Q18: 40,290 MB

    45 PROJECTS FOR SALES IN 3Q18 : 40,290 MB 37 Low-rise Projects : 30,690 MB (76%) <5 MB: 10 Projects > 20 MB: 11 Projects 5-8 MB: ae 9 Projects 29% 8-20 MB: 7 Projects Data as of 30 Jun 18 20 8 High-rise Projects : 9,600 MB (24%) 60-120K: 2 Projects > 300K: 3 Projects 120-200K: 2 Projects 88% 200-300

  21. Slide 21: 2018 Target

    2018 TARGET PRESALE REVENUE 17,000 me SC ASSET PSE | 21

  22. Slide 22: Thank You

    SC ASSET pee seate AE THANK YOU Further more information, please visit www.scasset.com or contact IR E-mail : [email protected] Tel : 662-949-2344, 662-949-2969 “Some Statements made in this presentation are forward-looking statements, which are subject to various risks and uncertainties. These include

  23. Slide 23: Appendix

    APPENDIX

  24. Slide 24: New Projects Launched in 2018

    18 NEW PROJECTS LAUNCHED IN 2018 Launch Product Project Unit Value (MB) Ql SDH PAVE BANPHO - CHACHOENGSAO 750 CONDO CENTRIC RATCHAYOTHIN 1,500 _ —_ _ _ eeeeeneaencetnvennenensenwenseeeensnenwetnranrensenneeesseneeerseeceensansenerseecesen neces TTT TTT TTO TUTTE oT TUTTE TEST TROP 2,250 Q2 SDH VENUE

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