บรษท ลซ อท จ ำกด (มหำชน)

Opportunity Day : 3 June 2014

www.leaseit.co.th

Lease IT Public Company Limited

Section 1 Company Profile

Section 2 Products

Section 3 Portfolio

Section 4 Financial Highlights

Section 5 Business Trend

Content

Company Profile

Section 1

2006 2007

4

2010 2009

Founded to support

SVOA as its financial

arm providing

Leasing / Hire

Purchase and

Factoring services.

Increased

paid-up

capital from

Bt 60 mn to

Bt 100 mn

Expanded its

business to other

products apart

from SVOA.

Launched “Trade

Finance” service

Provided “Bid

Bond” service

2013

Offered “Project

Backup Financing”

service

Converted to Public

Company Limited.

2012

Milestone

Listed in MAI

First Trading Day

in 25 March 2014

2014

Milestone

5

Shareholders Structure

Top 10 Shareholders (As of 11 April, 2014)

1. SVOA Public Company Limited 47.00% 2. Mr. Prasit Kanchanasakchai 8.00% 3. Mr. Min Intanate 3.21% 4. Mr. Songphon Chatchawanpun 1.50%

5. Mr. Viwat Jitpreedakorn 0.88%

6. Mrs. Prakravee Changwicukarn 0.80%

7. Thai NVDR Company Limited 0.68%

8. Mr. Sutree Tatsananukunkit 0.60%

9. Mrs. Thitima Larkummoon 0.58% 10. Mr. Arnirut Proommee 0.51%

SVOA Plc. 47%

Mr.Prasit 8%

Shareholders >=1 Million

Shares 11%

Shareholders < 1 Million Shares

34%

Paid-up Capital : Bt 200 million

No. Shares : 200 million

Number of Shareholders SVOA Public Company Limited 1 MR..Prasit Kanchanasakchai 1 Shareholders >=1 Million Shares 13 Shareholders < 1 Million Shares 2,119

Total 2,134 Source : TSD

6

Managing Director

Audit Committee

Board of Directors

Assistant MD

Internal Audit

General Manager

Sales and Marketing Credit and Control Operation Accounting and Admin.

Organization Structure

7

Board of Directors

Mrs. Duangphorn Sucharittanuwat Chairman / Independent Director/ Chairman of Audit Committee

Mr. Thienchai Srivichit Vice Chairman

Mr. Sompon Aketerajit Director

Mr. Prakob Visitkitjakarn Independent Director / Audit Committee

Police General Jate Mongkolhutthi Independent Director / Audit Committee

Mr. Suthud Khancharoensuk Independent Director / Audit Committee

Board of Directors & Management Team

Mrs. Nijnirun Suwannakate Independent Director / Audit Committee

8

Management Team

Mr. Sompon Aketerajit Managing Director

Mrs. Rungnapa Ogas Assistant Managing Director

Mr. Teerawat Khummuang General Manager

Mr. Riththigrai Bunthoathook Assistant Manager – Sales and Marketing

Ms. Piyanan Mongkol Assistant Manager – Credit and Control

Ms. Cattaleeya Jongsawat Assistant Manager – Accounting and Admin.

Board of Directors & Management Team

9

เปนแหลงเงนทนทางเลอกนอกภาคสถาบนการเงน (Non Bank) ทสามารถสรางโอกาสใหแกผประกอบการขนาดกลางและขนาดยอม (SME)ใหสามารถเขาถงแหลงเงนทนในการประกอบธรกจ จนน าไปสการยกระดบความสมพนธระหวางกนในระดบคคา (True Financial Partner)

Corporate Mission

10

มงมนทจะเปนแหลงเงนทนแนวหนาทไมใชสถาบนการเงน (Non Bank) ทมการพฒนาผลตภณฑทางการเงนอยางตอเนอง ใหมความแตกตาง เพอตอบสนองความตองการ (Needs) ทหลากหลายของลกคา/คคา โดยเฉพาะอยางยงใหครอบคลมตลอดสายวงจรการท าธรกจ (Full range services) และตลอดสาย ประเภทผลตภณฑ (Full range product categories)

Corporate Vision

11

Products Section 2

Products

1. Leasing , Hire Purchase

2. Factoring

3. Trade Finance

4. Project Backup Financing

5. Bid Bond

13

From downstream to upstream

Factoring, Leasing, Hire purchase

Trade Finance, Project Backup Financing

Bid Bond

ประมลงาน

จดหาสนคาและบรการ ปฏบตงาน

สงมอบงาน

14

Leasing & Hire Purchase

Provide service to customer who having

Leasing / Hire Purchase contract with

government agency, state enterprise,

school or university.

Focus on computer & IT product which

is LIT’s expertise.

Be able to assign or control the payment

of the receivable

15

Factoring

Focus on receivables who are government,

state enterprise or large corporate

Be able to assign or control payment of

receivable

Product or service that the customer has to

deliver to its receivable must not be

complex or has condition that is hard to

control.

16

Trade Finance

Focus on customer who possesses capability

to operate its business and has a good track

record with LIT

Have capability to repay debt

Be able to assign or control the

payment of receivable

Products or services that customer has to

deliver to the receivables must not be complex

or have some conditions that is hard to control.

17

Project Backup Financing

Focus on customer who possesses capability to

operate its business and has a good track record

with LIT

Have capability to repay debt

Be able to assign or control the

payment of receivable

Products or services that customer

has to deliver to the receivables

must not be complex or have some

conditions that is hard to control.

18

Bid Bond

Focus on customer who has good track

record and possesses capability and expertise

for the bidding project.

Able to assign or control the payment of

receivable

Product or service that the customer has to

deliver to its receivable must not be complex

or has condition that is hard to control

Possess capability to work in that industry.

Be the project of government or state

enterprise

19

Portfolio Section 3

Total Finance & Outstanding

21

Total Finance by Product (2010 – Q1/2014)

22

Total Finance by Type of Business (2010 – Q1/2014)

23

Outstanding as of 31/3/2014

24

Financial Highlight Section 4

Financial Summary

Total Revenues Unit : MB

2011 2012 2013

MB MB MB

Interest Income 49.09 65.12 73.55

Fees and service income 8.14 14.36 18.43

Other income 12.41 14.12 12.67

Total Revenues 69.64 93.60 104.65

Selling expense (7.29) (7.88) (9.15)

Administrative expenses (13.56) (16.16) (24.58)

Provision (1.77) (2.34) (4.50)

Financial cost (21.55) (25.95) (26.31)

Income tax expenses (7.29) (9.41) (8.01)

Net Profit 18.18 31.86 32.10

Net Profit Margin 26.11% 34.04% 30.67%

69.64

93.60

104.65

18.18

31.86 32.10

-

20.00

40.00

60.00

80.00

100.00

120.00

2011 2012 2013 Total Revenues Net Profit

Financial Summary

19.57

24.13

27.44

6.21 7.27

9.10

-

5.00

10.00

15.00

20.00

25.00

30.00

Q1/2012 Q1/2013 Q1/2014

Total Revenues Net Profit

31.73% 30.13%

33.17%

Q1/2012 Q1/2013 Q1/2014

Net Profit Margin

Total Revenues Unit : MB Q1/2012 Q1/2013 Q1/2014

MB MB MB

Interest Income 13.66 17.29 18.03

Fees and service income 2.81 3.67 5.11

Other income 3.10 3.17 4.30

Total Revenues 19.57 24.13 27.44

Selling expense (2.70) (2.85) (1.82)

Administrative expenses (3.55) (5.57) (6.57)

Provision (0.45) (0.40) (1.04)

Financial cost (4.99) (6.20) (6.65)

Income tax expenses (1.67) (1.84) (2.26)

Net Profit 6.21 7.27 9.10 Net Profit Margin 31.73% 30.13% 33.17%

Total Revenues

Revenues Breakdown Revenues Breakdown by types of product

19.55

24.13

27.44

Unit : MB Unit : MB

19.55

24.13

27.44

13.66

17.29 18.03

2.81

3.67

5.11

1.09

0.75

0.95

2.01

2.43

3.35

-

5.00

10.00

15.00

20.00

25.00

30.00

Q1/2012 Q1/2013 Q1/2014

Interest Income Fees and service income

Margin Other income

7.50 8.07 8.52

6.23 6.33

6.39

2.53

6.35

7.77

1.09

0.75

0.95

2.01

2.43

3.35

0.20

0.20

0.46

-

5.00

10.00

15.00

20.00

25.00

30.00

Q1/2012 Q1/2013 Q1/2014

Leaseing&Hire Purchase Factoring

Project Backup Financing Trade Finance

Other Bid Bond

Balance Sheet

Assets have increased of Account receivable mainly due to a new product “ Product Backup Financing” launched in 2012

Unit : MB

608.84

685.54

704.02

560.00

580.00

600.00

620.00

640.00

660.00

680.00

700.00

720.00

2012 2013 Q1/2014

455.58

495.13

357.78

153.26

190.41

346.23

-

100.00

200.00

300.00

400.00

500.00

600.00

2012 2013 Q1/2014Liabilities Equities

Liabilities&Equities

Liabilities have increased consistently due to its extension in providing new services to customers.

Shareholders’ equity increased share capital of 16 million share in 2012 and 84 million share in Q1/2014

Unit : MB Assets

Asset Quality

-

100.00

200.00

300.00

400.00

500.00

600.00

700.00

2012 2013 Q1/2014

272.36 306.79 286.84

150.97 144.69 153.01

94.74 126.74 120.96

53.02

57.96 70.67

Leaseing&Hire Purchase Factoring

Project Backup Financing Trade Finance

Total Assets Account Receivables Unit : MB

Unit : MB

-

100.00

200.00

300.00

400.00

500.00

600.00

700.00

800.00

2012 2013 Q1/2014

567.77 638.72 631.48

41.07

46.82 72.68

Account Receivable Others

Accounts receivables accounted for 93.17% and 89.69% of total Assets in 2013 and Q1/2014 Accounts receivables from Leasing & Hire Purchase has the largest proportion of total account receivables which

were 48.03% and 45.42% in 2012 and Q1/2014

Age of Outstanding Account Receivables For Q1/2014

Asset Quality Ratio

Asset Quality

0.72

1.18

1.75 1.84

00.20.40.60.8

11.21.41.61.8

2

2011 2012 2013 Q1/2014

Allowance for Doubtful Account

Unit : MB

Unit :

Time

Undue, 580.44, 86%

< 1 Month, 23.91, 3%

2-3 months, 54.13, 8%

4-6 months, 13.72, 2%

7-12 months, 0.44, 0%

Over 12 months, 3.97, 1%

Financial Ratio

Interest rate spread increased to 9.25% in Q1/2014 mainly due to new product “Project Backup Financing” launching in 2012.

As a result, its net profit margin in 2013 and Q1/2014 increased to 30.67% and 33.17%, respectively with ROE at 18.64% and 13.57%. ROE in Q1/2014 decreased because the Initial Public Offering (IPO) increased 84 million share.

Profitability Ratio 2011 2012 2013 Q1/2014 Interest Rate (Interest income + Fees income) 15.32% 17.16% 16.57% 16.01% Interest expenses Rate (%) 8.54% 7.90% 6.71% 6.76% Interest Rate Spread (%) 6.78% 9.26% 9.86% 9.25% Net Profit Margin (%) 26.11% 34.04% 30.67% 33.17% ROE 14.52% 22.44% 18.64% 13.57% Efficiency Ratio : Return on Assets (%) 4.22% 5.93% 4.96% 5.24% Interest Income To Asset Ratio (%) 8.28% 9.96% 10.15% 9.49% Finacail Ratio : Dividend Payout Ratio (%) 60.00% 57.12% 62.31% n/a Debt to Equity Ratio (Times) 2.56 2.97 2.59 1.03

Business Trend

Section 5

Business Trend

DONE 2013

CORE PRODUCT FINANCING

Leasing & Hire Purchase 31,045,457.89 10% 300,000,000.00 138% 217,891,019.84

Factoring 333,944,592.08 22% 1,500,000,000.00 109% 1,381,014,727.84

PRODUCT INCOMES

Leasing & Hire Purchase 8,515,846.34 20% 41,710,000.00 120% 34,778,328.79

Factoring 6,388,503.98 21% 30,700,000.00 115% 26,758,853.63

Trade & Project Backup Finance 8,515,846.34 18% 47,600,000.00 142% 33,634,982.29

Bid Bond 461,419.77 9% 4,900,000.00 203% 2,412,508.73

Total 23,881,616.43 19% 124,910,000.00 128% 97,584,673.44

DONE TARGET 2014

Q&A

…Thank You…