IR Presentation SAMSUNG ENGINEERING 2

Transcription

1 IR Presentation SAMSUNG ENGINEERING

2 1 Introduction CONTENTS 2 Business Update 3 Appendix

3 Introduction Business Portfolio Hydrocarbon Refinery Gas Petrochemical Upstream CDU/VDU Heavy Oil Upgrading Aromatics, HDS Gas Processing GTL(Gas To Liquid) Air Separation Unit Coal Gasification LNG(Liquefaction, Terminal) Ethylene EO/EG Fine Chemicals PDH Polymers Fertilizers GOSP Offshore Platforms FPSO(FLNG) Pipeline Non Hydrocarbon Power Industrial Facility Water Treatment Thermal (Coal/ Oil/ Gas Fired) IT Facilities Industrial Manufacturing Facilities BT Facilities Steel Mills Non-Ferrous Plants (Aluminum 外 ) Sewage Treatment Wastewater Treatment Desalination O&M Ultra-Pure/Reuse 3/13

4 Business Results & Outlook New Order Sales Operating Profit 9,000 9, ,288 8,500 63% 74% 71% 67% 37% 26% 29% 33% 1,028 14(E) 14(E) Hydrocarbon Non Hydrocarbon 14(E) 4/13

5 Order Backlog Breakdown Year Awarded Major Ongoing Projects Before % % Yr. Awarded 2010 Category Project Award ($ million) Completion Petrochemical Borouge 3 (LDPE) Petrochemical Borouge 3 (Polyolefins) Gas Shah Gas Development 1, Water Muharraq STP (EPC+O&M) (EPC) % Power Shaybah NGL # Upstream Shaybah NGL # % 2011 Gas Shaybah NGL #1, #2 1, Upstream West Qurna Ph.2 (GOSP) \15.6 trillion Upstream Banyu Urip (GOSP) Petrochemical UGCC PKG #B (GSP, PE/PP) Upstream Senoro Gas Refinery Yanbu Refinery Expansion Petrochemical Carrasco Ammonia and Urea Refinery Carbon Black & Delayed Coker 2, % Power Balkash Thermal Power Plant 2,078 - Power Yanbu Power Plant Phase 3 1, Gas Badra CPF Phase Petrochemical Ammonia & Urea Refinery Riyadh Clean Transportation Fuel Power Cogen IPP Gas TGAST /13

6 Order Backlog Breakdown Product Upstream 4% Upstream 6% Refinery 29% Power 23% Refinery 19% Power 28% \19.4 trillion \15.6 trillion Non Hydrocarbon 18% Petrochemical 17% Non Hydrocarbon 19% Petrochemical 19% Gas 7% Gas 11% 12 Region CIS 15% Domestic 18% CIS 22% Domestic 15% (MENA : Iraq + Africa) America 5% \19.4 trillion America 8% Asia 6% \15.6 trillion Asia 10% GCC 46% MENA 7% GCC 41% MENA 7% 12 6/13

7 Debt & Credit Line Debt Net Debt Credit Line 1,400 2,500 2,500 1,100 1,300 1,000 44% 48% 56% 52% Available 14(E) 14(E) 14(E) In Use 7/13

8 Manpower Update Manpower Trend 8,811 8,517 8,500 Non Hydrocarbon 30% Manpower Breakdown Admin 14% Product 8,517 Hydrocarbon 56% Support 10% Procurement 7% Engineering 33% Division 8,517 Marketing 3% Project Management 19% Quality/Safe 4% Construction 24% 12 14(E) Foreigner Ratio & Per Capita Sales Global Operation % % % 1.00 SEI(India) SEA(USA) SSA(Saudi) STEC(Thai) Foreigner Ratio Per Capita Sales (E) 12 14(E) 12 14(E) 12 14(E) 12 14(E) 8/13

9 Income Statement Revenue 9,298 11,440 9,806 Gross Profit 1,079 1, Operating Profit ,028 Pre-tax Profit Net Income Gross Profit(%) 11.6 % 11.3 % 5.6 % Operating Profit(%) 6.7 % 6.4 % 10.5 % Pre-tax Profit(%) 7.4 % 6.2 % 9.4 % Net Income(%) 5.5 % 4.6 % 7.2 % 9/13

10 Statement of Financial Position Total Assets 5,189 5,674 5,929 Current Assets 4,157 4,188 4,266 Non-current Assets 1,032 1,486 1,663 Total Liabilities 3,875 3,985 5,023 Current Liabilities 3,645 3,554 4,277 Long-term Liabilities Total Equities 1,314 1, Capital Stock Capital Surplus Retained Earnings 1,358 1, Capital Adjustment /13

11 Financial Index & Capex Financial Index Capex (E) Gross Profit Margin 11.6% 11.3% 5.6% Facilities Pre-tax Profit Margin 7.4% 6.2% 9.4% Capital Expenditure ROE 39% 31% 78% EPS 12,875 13,125 17,725 R&D DPS 3,000 3,000 - Total /13

12 Appendix Major Ongoing Projects Yr. Awarded Category Project Region Client Award ($ million) Completion Petrochemical Borouge 3 (LDPE) UAE Borouge Petrochemical Borouge 3 (Polyolefins) UAE Borouge Gas Shah Gas Development UAE ADNOC 1, Water Muharraq STP (EPC+O&M) Bahrain MOW (EPC) Power Shaybah NGL #3 Saudi Arabia Saudi Aramco Upstream Shaybah NGL #4 Saudi Arabia Saudi Aramco Gas Shaybah NGL #1, #2 Saudi Arabia Saudi Aramco 1, Upstream West Qurna Ph.2 (GOSP) Iraq Lukoil (Russia) Upstream Banyu Urip (GOSP) Indonesia MCL(Exxon Mobil) Petrochemical UGCC PKG #B (GSP, PE/PP) Uzbekistan UZ-Kor Gas Chemicals LLC Upstream Senoro Gas Indonesia Pertamina Refinery Yanbu Refinery Expansion Saudi Arabia Luberef Petrochemical Carrasco Ammonia and Urea Bolivia YPFB Refinery Carbon Black & Delayed Coker UAE Takreer 2, Power Balkhash Thermal Power Plant Kazahstan Samruk-Energy 2,078 - Power Yanbu Power Plant Phase 3 Saudi Arabia SWCC 1, Gas Badra CPF Phase 2 Iraq Gazprom Petrochemical Ammonia & Urea Azerbaijan SOCAR Refinery Riyadh Clean Transportation Fuel Saudi Arabia Aramco Power Cogen IPP Saudi Arabia Aramco Gas TGAST Malaysia Petronas /13

13 Appendix Global Operations Hungary Italy Russia Uzbekistan Kazakhstan Head Office United States Mexico Europe CIS Asia North America Middle East & Africa Saudi Arabia UAE Kuwait Iraq Algeria Egypt India Vietnam Indonesia Thailand Malaysia China Japan Trinidad & Tobago Venezuela Latin America Brazil Subsidiary & Branch Office (23) Global Engineering Center(4) 13/13