sam engineering & equipment (m) berhad · 23 healthy order backlog for airbus and boeing 2018...
TRANSCRIPT
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SAM Engineering & Equipment(M) Berhad
Investor Briefing21 May 2019
Kuala Lumpur
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Introduction
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Our Business
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Our Facilities
Aerospace & Equipment (Small Format Machining)
Penang, Malaysia
Aerospace(Casings)
Penang, Malaysia
Aerospace(Aerostructures)Penang, Malaysia
Aerospace(Casings)
Jurong & Tuas, Singapore
Equipment(Equipment Integration)
Penang, Malaysia
Equipment(Metal Fabrication & Special Process)
Penang, Malaysia
Aerospace & Equipment(Special Process)Penang, Malaysia
Equipment(Assembly of Equipment & Machining)
Ayutthaya, Thaliland
WE ARE IN PENANG, SINGAPORE & THAILAND
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Products & Services
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SAM AerospaceEngine Case • Airbus - A320, A320neo, A330, A380
• Boeing - B737NG/Max, B747-8, B767, B777, B787• Embraer - 170/175, 190/195• Bombardier - CRJ 700/900, Learjet 60• Dassault - Falcon 200EX• Cessna - Citation Jet, Envoy• Gulfstream 200• Raytheon - Horizon• AVIC - ARJ21
Aircraft Applications
• Nickel-based alloys• Titanium• Stainless steel
GENX High Pressure Combustor Case
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SAM Aerospace
Engine Case- Aluminum
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SAM Aerospace
Beams - A320neo & A350
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SAM Aerospace
Prismatic Parts
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SAM Equipment
Contract Manufacturing Products
Advanced Packaging
Wire Bonding Machine X-ray PCBA Inspection JEDEC Tray Test Handler HDD Tester Equipment
Vacuum Chamber Assembly Lithography Wafer Inspection
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SAM Equipment
Contract Manufacturing Services
PRODUCTION FLOOR – CLEANROOM ASSEMBLY
Small/Medium/Large Format Machining
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SAM Equipment
Metal Fabrication
CNC Machining
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SAM AerospaceBusiness Update
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FMS lines running at full capacity delivering > 1,000 beams average per year.
SAM Aerospace
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10 machines in-house and 4 more to be commissioned by Oct 2019.
SAM AerospaceNew Equipment at Singapore Tuas Facility
- Engine casings for B737max and A320neo
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Sensing Feedback
SAM Aerospace
Machining DeburringNon Destructive Test MeasurementCoating
Automation and Data transformation towards Industry 4.0
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SAM EquipmentBusiness Update
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Semicon Equipment• Pushing on larger market
share and higher level integration.• Winning new projects.
Storage Device Equipment• Enterprise Data Management and Big
Data Generation have driven bigger customer orders.
• Gaining more traction into the Semicon sector.
SAM Equipment
Technology and Equipment• Customer’s approval granted to run mass production for Semiconductor Front
End Business and complex parts on the new machines (3 units of 5 axismachines and 1 unit of turn-mill 9 axis).
SAM Equipment
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Market OutlookAerospace
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Source: Airbus Global Market Forecast 2018
• Air traffic double every 15 years• 4.4% growth p.a from 2017~ 2032
Long Term Air Traffic Growth
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Source: Airbus Global Market Forecast 2018
• Growth in passenger and freight aircraft• New generation of aircraft with better fuel efficiency, lower noise and
longer range
37,400 aircraft over next 20 years
Traffic Growth Drives Demand of New Aircraft
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Healthy order backlog for Airbus and Boeing
2018 Deliveries
806
2018 Deliveries
800 7,357
5,893
(9.2 years)
(7.3 years)
A220 471
A320 5,908
A330 290
A350 633
A380 55
737* 4,703
747-8 22
767 103
777 441
787 624
Source: Airbus & Boeing March 2019*Impact of grounding of B737max and monthly production rate to 42/month is still uncertain
Short to Mid Term Outlook
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Market OutlookEquipment
drives demand in storage devices
• Smart devices (home)• 5G Communications• Automotive & electric vehicle• IoT (Internet of Things)• Artificial Intelligence
Cloud Computing
Semiconductor Demand Drivers
Long Term Growth DriversEquipment business key industries: Storage Devices and Semiconductor
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Source: SEMI/SEAJ Worldwide Semiconductor Equipment Market Statistics report, April 2019
2019 2020
$53bil
$67bil$65bil
Forecast
-14% in 2019+27% in 2020
Semiconductor Equipment Market
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Financial Highlights
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Revenue
312 333 310371
460
140
287
227
248
295
452
620537
619
755
0
100
200
300
400
500
600
700
800
FY2015 FY2016 FY2017 FY2018 FY2019
Aerospace
EquipmentCAGR14%
RM’Mil+136
(+22%)
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Revenue By Segment
60%
40%
FY2018
Aerospace Equipment
61%
39%
FY2019
RM619mil
RM755mil
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Profit Before Tax
39
69
55
73
95
0
10
20
30
40
50
60
70
80
90
100
FY2015 FY2016 FY2017 FY2018 FY2019
RM’Mil
+22 (+30%)
CAGR24%
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Capital Investments
25m
83m
93m
101m
Investment > RM300mil
Aerospace
Equipment
Milling machines & FMS line for A320neo and A350 Beams
Milling machines & FMS line for Leap Casings
Machines for Chambers
FY2016
FY2017
FY2018
FY2019
Machines for Prismatic Parts
Machines for Small Format
Machining
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Q & A
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Thank You