Management Presentation. March 2016

Transkripsi

1 Management Presentation March 2016

2 LINES OF BUSINESS CONSTRUCTION EPC PROPERTY & REALTY MANUFAKTUR PRECAST Apartment Precast Concrete Building Power Plant Offices Airport Industry Condotel Seaport Oil & Gas Road & Bridges Watery Works PT APG Construction Division 1-7 Div. LRT Construction Div. LRT Engineering PMU EPC PT APP PT APB Division Property TOD Division Hotel 2

3 ADHI SHARES OWNERSHIP 8,8% 13,2% 40,2% 35,8% Government of Indonesia Public 51,0% 51,0% 51 % 49 % Dec 2014 Dec 2015 Government Local Foreign 3

4 BOARD OF COMMISIONERS M. Fadjroel Rachman Bobby Achirul Awal Nazief Wicipto Setiadi Rildo Ananda Anwar Muchlis Rantoni Luddin Hironimus Hilapok President Commissioner Commissioner Commissioner Commissioner Independent Commissioner Independent Commissioner 4

5 BOARD OF DIRECTORS Kiswodarmawan Haris Gunawan BEP Adji Satmoko Djoko Prabowo Budi Saddewa Soediro Pundjung Setyabrata President Director Director Director Director Director Director 5

6 ADHI SHARES PERFORMANCE Last price as of March 2: IDR 2,590 YTD Return : 21,03% Feb-15 May-15 Aug-15 Nov-15 Feb-16 ADHI IJ JCI Rebase as of 27-Feb-15

7 MARKET SEGMENTATION 100% 90% 80% 21,6% 16,5% 26,9% 40,0% 41,1% 32,0% 37,1% 70% 60% 27,3% 47,8% 31,4% 18,9% 50% 20,4% 25,4% 25,7% 40% 30% 20% 51,1% 35,7% 41,7% 39,6% 33,5% 49,1% 37,2% 10% 0% F PRIVATE 21,6% 16,5% 26,9% 40,0% 41,1% 32,0% 37,1% SOE 27,3% 47,8% 31,4% 20,4% 25,4% 18,9% 25,7% GOVERNMENT 51,1% 35,7% 41,7% 39,6% 33,5% 49,1% 37,2%

8 TYPE OF WORK 100% 90% 80% 70% 60% 50% 40% 22% 2% 35% 29% 5% 21% 30% 20% 10% 41% 45% 0% F Other Infrastructure 22% 29% Dock 2% 5% Road & Bridge 35% 21% Building 41% 45%

9 2016 SALES TARGET in million rupiah [CATEGORY NAME]; [VALUE] & Hotel ; Konstruksi & EPC ;

10 CONSOLIDATED PERFORMANCE In million IDR 2015A 2016F New Contract % Growth 51% 80% Carry Over Order Book Sales (in tn) 9,4 20,0 Gross Margin 10,4% 12,3% EBIT Margin 9,4% 8,5% EBITDA Margin 9,7% 8,8% EAT Margin 4,94% 3,76% 6

11 CONSTRUCTION & EPC In billion IDR Construction & EPC F New Contract 8.232, ,1 18,749,3 Sales 8.133, , ,7 Gross Margin 8,1% 8,3% 10,0% in million rupiah

12 Jan-15 Feb-15 Mar-15 Apr-15 Mei-15 Jun-15 Jul-15 Agust-15 Sep-15 Okt-15 Nop-15 Des-15 PRECAST CONCRETE In billion IDR Precast Concrete F New Contract 145,27 227, ,11 Sales 164,91 149,0 606,8 Gross Margin 20,83% 21,6% 15,4% in million rupiah Nama Produk Kapasitas Seluruh (Ton) Produksi Terpakai (Ton) Pabrik Sadang Pabrik Mojokerto Pabrik Sadang Pabrik Mojokerto Spun Pile 160,130 35, ,444 31,650 CCSP 46,200 12,128 15,925 10,491 Kolom 27,413-20,381 - PCI Girder - 54,313-1,956 Square Pile 31,680 17, FSP 56, Pile Cap 26,469-5,823 - Box Culvert 17,417-8,170 - Total 365, , ,743 44,097 7

13 LIGHT RAIL TRANSIT (LRT) 9

14 1st Phase Construction 10

15 PROPERTY In billion IDR Property F Marketing Sales ,5 Pendapatan Usaha 858,8 610, ,2 Gross Margin 35,70% 29,90% 28,25% Total Land Bank Development (sqm) Total Land Bank Next Project (sqm) Total Land Bank (sqm) Taman Melati Margonda in million rupiah Luas Lahan (m2) 1,740 Apartemen Luas Gedung (m2) 20,727 Saleable Area (m2) 14,968 Total Unit

16 PROPERTY Development Taman Melati Taman Melati Jatinangor Luas Lahan (m2) Taman Melati Luas Lahan (m2) Apartemen Luas Gedung (m2) Gross Saleable Area (m2) Semi Gross Luas Lahan (m2) Apartemen Luas Gedung (m2) Gross Saleable Area (m2) Semi Gross Total Unit 897 Luas Gedung (m2) Gross Saleable Area (m2) Semi Gross Apartemen Total Unit 758 Total Unit

17 PROPERTY Development Grand Dhika (Emerald Tower) Grand Dhika City Bekasi (Cempaka Tower) Luas Lahan (m2) Apartemen Mixed Use Luas Gedung (m2) Gross Saleable Area (m2) Semi Gross Total Unit 793 Luas Lahan (m2) Luas Gedung (m2) Gross Saleable Area (m2) Semi Gross Apartemen Mixed Use Total Unit

18 PROPERTY Development The Taman Dhika Sidoarjo Kota Luas Lahan (m2) Hunian The Taman Dhika Ciracas Total Unit 35 Luas Lahan (m2) 270,920 Hunian Total Unit 1,218 The Taman Dhika Cinere Luas Lahan (m2) Hunian Total Unit 28 16

19 PROPERTY Development Luas Lahan (m2) Commercial Luas Gedung (m2) Saleable Area (m2) Mandau City Mall Luas Lahan (m2) Commercial Cimone Mall Luas Gedung (m2) Saleable Area (m2) Grand Dhika Commercial Estate Luas Lahan (m2) Commercial Luas Gedung (m2) Saleable Area (m2)

20 PROPERTY Development Perkantoran Taman Melati Margonda 18 Office Park Luas Lahan (m2) Office Saleable Area (m2) Luas Lahan (m2) Office Saleable Area (m2)

21 PROPERTY Next Project Taman Melati Grand Dhika Tahap I dan II Luas Lahan (m2) Apartemen Luas Gedung (m2) Saleable Area (m2) Total Unit 721 Luas Lahan (m2) 22,042 Hunian Total Unit

22 PROPERTY Next Project Taman Melati Mardhika Park Luas Lahan (m2) 15,500 Apartemen Luas Lahan (m2) Apartemen Luas Gedung (m2) Gross Saleable Area (m2) Semi Gross Total Unit 971 Luas Gedung (m2) Gross Saleable Area (m2) Semi Gross Total Unit 2,160 20

23 PROPERTY Next Project Taman Melati Margonda 3 Luas Lahan (m2) Apartemen Luas Gedung (m2) Gross Saleable Area (m2) Semi Gross Total Unit

24 HOTEL Hotel Grandhika Semarang Hotel Grandhika Blok M Luas Lahan (m2) Hotel Luas Gedung (m2) Guest Room Unit 161 Hotel Grandhika Medan Luas Lahan (m2) Hotel Luas Gedung (m2) Guest Room Unit 241 Luas Lahan (m2) Hotel Luas Gedung (m2) Guest Room Unit

25 FINANCIAL HIGHLIGHT Revenue (Rp billion) Gross Profit (Rp billion) A 2012A 2013A 2014A 2015A 2016F A 2012A 2013A 2014A 2015A 2016F EAT (Rp billion) A 2012A 2013A 2014A 2015A 2016F

26 FINANCIAL HIGHLIGHT Total Asset (Rp billion) Total Liability (Rp billion) F F Total Equity (Rp billion) F

27 FINANCIALRATIO Gearing Ratio (X) Net Gearing Ratio (X) 1,6 1,4 1,2 1,0 0,8 0,6 0,4 0,2-1,4 1,2 0,9 0,7 0,6 0,5 2011A 2012A 2013A 2014A 2015A 2016F 1,0 0,8 0,6 0,4 0,2 - (0,2) (0,4) (0,6) 0,9 0,1 2011A 2012A 2013A 2014A 2015A 2016F (0,0) (0,2) (0,2) (0,4)

28 PT Adhi Karya (Persero) Tbk. THANK YOU Visit us at For further information please contact: Ki Syahgolang Permata, Corporate Secretary P F E. Disclaimer: Important Notice This document was prepared solely and exclusively for the parties presently being invited for the purpose of discussion. Neither this document nor any of its content may be reproduced, disclosed or used without the prior written consent of PT Adhi Karya (Persero) Tbk. This document may contain statements that convey future oriented expectations which represent the Company s present views on the probable future events and financial plans. Such views are presented on the basis of current assumptions, are exposed to various risks and are subject to considerable changes at any time. Presented assumptions are presumed correct, and based on the data available on the date, which this document is assembled. The company warrants no assurance that such outlook will, in part of as a whole, eventually be materialized. Actual results may diverge significantly from those projected. The information in this document is subject to change without notice, its accuracy is not verified or guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the Company. None of the Company, PT Adhi Karya (Persero) Tbk. or any person connected with any of them accepts any liability whatsoever for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection therewith. 29