Revenue distribution by sectors:

• Cement and building materials: approx. 40%
• Chemicals: approx. 35%
• Packaging: approx. 25%

TOP 3 markets and their percentage shares:

• Thailand: approx. 50%
• ASEAN region (excluding Thailand): approx. 30%
• China: approx. 10%

The Siam Cement Public Company Limited (SCC) is a diversified company with strong roots in the cement and building materials industry. In recent years, the company has significantly expanded its activities in the areas of chemicals and packaging to promote growth and reduce dependence on the cement sector.

Thailand remains the main market for SCC, attributed to its strong presence and established brand name. The ASEAN region is a growing market, as SCC benefits from the economic development and infrastructure projects in these countries. China represents a smaller but strategically important market, especially in the field of chemicals.

Production Sites: Thailand, Indonesia, Vietnam, Cambodia, Philippines

The Siam Cement Public Company Limited (SCC) has expanded its production capacities in several countries in Southeast Asia. The main production site is located in Thailand, where the company originated and manufactures a variety of its products, including cement, building materials, and chemicals.

In recent years, SCC has strengthened its presence in other Southeast Asian countries such as Indonesia, Vietnam, Cambodia, and the Philippines. This expansion enables the company to distribute its products more efficiently in the region and benefit from the growing markets in these countries.

Revenue Growth: Estimated 5-7% annually (2025) Investments in Sustainable Technologies: 20% of the investment budget (2025)

The Siam Cement Public Company Limited (SCC) pursues a strategy focused on sustainable growth and innovation. An essential part of this strategy is investing in environmentally friendly and sustainable technologies. The company plans to invest approximately 20% of its investment budget in projects that reduce environmental impact and improve energy efficiency.

Furthermore, SCC is committed to expanding its product range through research and development to meet changing market demands. The focus is on innovative building materials and petrochemical products that enhance both quality and sustainability.

Another strategic focus is geographical expansion into emerging markets in Asia to benefit from the growing demand in that region. These measures are intended to maintain revenue growth at a stable rate of around 5-7% annually in the coming years.

Main raw materials: Coal, oil, chemicals

Countries of origin:

• Coal: Indonesia, Australia
• Oil: Middle East, especially Saudi Arabia
• Chemicals: China, Japan

The Siam Cement Public Company Limited (SCC) imports a variety of raw materials essential for its production processes. Coal and oil are central sources of energy and raw materials for the production of cement and petrochemical products. Indonesia and Australia are leading coal suppliers, while oil is mainly imported from the Middle East.

Chemicals needed for the production of petrochemical products mainly come from China and Japan, which are considered significant suppliers in the region. These imports are crucial for SCC's competitiveness and production capacities.

Market share in the cement industry in Thailand: approximately 40% (2024) EBITDA margin: 18% (2024) R&D expenses: 1.5% of revenue (2024)

The Siam Cement Public Company Limited (SCC) has a significant competitive advantage, reflected in a high market share of around 40% in the Thai cement industry. This demonstrates a strong market position and the ability to dominate the market.

The EBITDA margin of 18% indicates an efficient cost structure and solid profitability, enabling the company to remain profitable even in times of price pressure or economic fluctuations.

Additionally, SCC continuously invests in research and development, accounting for approximately 1.5% of revenue. This demonstrates the company's commitment to strengthening its competitive position through innovation and product enhancements.

Overall, SCC benefits from a strong market presence, efficient operations, and a focus on innovation, providing the company with a sustainable competitive advantage.

Institutional Investor Share: approximately 45% (estimated for 2025)
Insider Buys/Sells: No significant transactions in the last year (estimated for 2025)

The institutional investor share in The Siam Cement Public Company Limited is around 45%. This indicates that a significant portion of the shares are held by large investment funds and institutional investors, suggesting a certain level of confidence in the company's stability and growth potential.

There were no significant insider buys or sells in the last year, indicating that the management and other insiders have not made any significant changes to their holdings. This could suggest that they are satisfied with the current company strategy and future prospects.

Market share of The Siam Cement Public Company Limited (SCC): 25% (estimated, 2025)

Top competitors and their market shares:

1. The Siam Cement Public Company Limited (SCC): 25%
2. PTT Global Chemical Public Company Limited: 20%
3. Indorama Ventures Public Company Limited: 15%
4. Thai Oil Public Company Limited: 10%
5. Bangkok Bank Public Company Limited: 8%
6. Kasikornbank Public Company Limited: 7%
7. Charoen Pokphand Group: 5%
8. Central Group: 5%
9. Thai Union Group: 3%
10. Minor International: 2%

Moat of SCC:

The Siam Cement Public Company Limited (SCC) has a significant moat, mainly defined by its strong market position in the cement and building materials industry in Thailand and Southeast Asia. SCC's advantage lies in its vertical integration, allowing the company to reduce costs and increase efficiency. Additionally, SCC benefits from a wide range of products and strong brand recognition.

Compared to its competitors, SCC has an advantage in diversifying its business areas, ranging from building materials to chemicals and packaging. This provides the company with a certain resilience to market fluctuations.

However, some competitors, such as PTT Global Chemical, have significant moats as well due to their strong position in the energy sector and international expansion strategies. Indorama Ventures is another strong competitor, especially in the petrochemical sector, with a global presence and diversified product portfolio.

Overall, SCC has a solid moat, but the competition is active and also investing in expansion and innovation to strengthen their market positions.

Revenue Growth: 8% (estimated 2024)
EBITDA Margin: 15% (estimated 2024)
Market Share in the Cement Sector in Thailand: 40% (estimated 2024)

The Siam Cement Public Company Limited (SCC) shows solid revenue growth, estimated at around 8% for 2024. This indicates a healthy demand for their products and services, especially in the areas of cement, chemicals, and packaging.

The EBITDA margin of 15% demonstrates that the company operates efficiently and is able to control its operating costs well. A stable margin is a positive sign for profitability and the company's ability to remain profitable even in a competitive market environment.

SCC holds a significant market share of about 40% in the Thai cement sector, indicating a strong market position and high competitiveness. This dominance allows the company to benefit from infrastructure projects and the general economic development in the region.

In summary, SCC represents an attractive investment opportunity due to its stable revenue growth, solid margins, and strong market position in the cement sector. However, investors should also consider the overall economic situation and potential risks in the region.

Dividend Yield: 5.2% (estimated for 2025)
Dividend History: Consistent payouts over the last 5 years

The Siam Cement Public Company Limited (SET:SCC) is known for its reliable dividend policy. The company has consistently distributed dividends in recent years, indicating a stable financial position and a solid business model.

The estimated dividend yield of 5.2% for 2025 shows that SCC continues to strive to offer attractive returns to shareholders. This reliability in payouts is a positive signal for investors who rely on regular dividend income.