Pt Acset Indonusa Tbk · IDX:ACST
Pt Acset Indonusa Tbk — Q2 2015 Earnings Presentation
42 slides from Pt Acset Indonusa Tbk's earnings presentation, 2015
Slide 1: Progress Q2 2015
Company Presentation Progress Q2 2015
Slide 2: Disclaimer
Disclaimer The views expressed here contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Any forward looking information in this presentation ha
Slide 3: Agenda
Agenda 1 Company Profile 2 Business Profile and Operations 3 Selected Notable Projects 4 Financial Highlights 5 Business Strategy & Update Page 1
Slide 4: Company Profile
ACSET Company Profile
Slide 5: Background
Background Leading Integrated Construction Company PT Acset Indonusa Tbk. (“ACSET”) is an integrated construction company, which technical and construction services in building, civil engineering, foundation and ground engineering specialist works. ACSET, being a diverse specialist/general construct
Slide 6: Milestones
Milestones For the Past 18 Years, ACSET has Strived to Become the Pioneer in Providing Integrated Construction Solution to Its Clients The Pakubuwono Sale & Transfer Signature Shares 40% from PT OHSAS •51 floors luxury Cross Plus Pacific Place Project 18001 and apartement Indonesia (CPI) and Notable
Slide 7: Project Footprints
ACSET Project Footprints , a i ricscones Wt tee Pad eias = omer Plant Medan Foval Point — MALUKU *, la Sun Plaza Medan = & * "new Hote rant Ast, ae a GUINEA jose ny Tels = Soo Tahapl oo / oF Suamaay 7g SA Toten 8 Ing ran. pes ai Ns Teehno al Placa, Bogor a o Bane wae INDIAN OCEAN Dallas Alum Alin In
Slide 8: Ongoing Main Projects
Ongoing Main Projects Foundation Construction Langham Lot 13 District 8 Setiabudi Thamrin SCBD Lot 10 Gayanti Mixed Use Sky Garden Nine Jakarta Jakarta Development Jakarta Milennium Project Centennial Jakarta District 8 World •5 Towers Capital •GFA : Tower Hotel Harris Jakarta 506,414m2 Jakarta • Se
Slide 9: Management Team
Management Team ACSET is Managed by Dedicated Professional Team Board of Commissioners Gidion Bambang Andi Anzhar Robert Hasan, Widjanarko E S, Cakra Wijaya, Mulyono, President Commissioner Commissioner Independent Commissioner Commissioner Board of Directors Tan Tiam Jeffrey Gunadi Hilarius Lukas I
Slide 10: Management Team
Management Team ACSET is Managed by Dedicated Professional Team Board of Commissioners Gidion Hasan, Bambang Widjanarko E S, President Commissioner Commissioner Indonesian Citizen, age 43. Graduated in Bachelor degree in Indonesian Citizen, age 55. He studied Agriculture Engineering at Finance from
Slide 11: Management Team
Management Team ACSET is Managed by Dedicated Professional Team Board of Commissioners Andi Anzhar Cakra Wijaya, Robert Mulyono, Commissioner Independent Commissioner Indonesian Citizen, 44 years old. Previously has held positions as Indonesian Citizen, 67 years old. Graduated in Civil Director of P
Slide 12: Management Team
Management Team ACSET is Managed by Dedicated Professional Team Board of Directors Tan Tiam Seng Ronnie, Jeffrey Gunadi President Director Chandrawijaya, Vice President Director Singapore Citizens, age 56. Graduated of Diploma in Building Indonesian Citizen, age 41. Graduated in Bachelor of Economic
Slide 13: Management Team
Management Team ACSET is Managed by Dedicated Professional Team Board of Directors Hilarius Arwandhi, Lukas Iwan Setiadi, Director Director Indonesian Citizens, age 53. Graduated in Civil Engineering, Indonesian Citizen, age 49. Graduated in Civil Engineering, from University of Maranatha, Bandung,
Slide 14: Management Team
Management Team ACSET is Managed by Dedicated Professional Team Board of Directors Herjadi Budiman, Wiltarsa Halim, Director Independent Director Indonesian Citizen, age 44. Graduated in 1995 with a Indonesian Citizen, age 66. Graduated in Bachelor of Engineering from Akademi Teknik Nasional (now In
Slide 15: Structure Organization
Structure Organization Board of Commissioners Audit Committee Board of Directors Corporate PD : Tan Tiam Seng Ronnie Secretary VPD : Jeffrey G Chandrawijaya Corporate Audit Corporate Legal Business Development HC & Procuremcent Finance Director Operation & Marketing Director Independent Director Dir
Slide 16: Current Group Structure
Current Group Structure Tan Tiam Seng 100% Lie Fuena Hilarius Arwandhi UT Group Ronnie Cross Plus Project 5% 95% 88.64% 11.36% 100% 100% Karya Supra Perkasa Cross Plus Indonesia Loka Cipta Kreasi PUBLIC 50,1% 12,27% 0.80% 5,83% 31% 100% 84% 78% 80% 55% 37% Acset Indonusa Bintai Kindenko Innotech Sac
Slide 17: Business Profile and Operations
2 Business Profile and Operations
Slide 18: Area of Services
Area of Services ACSET ‘s Expertise CONSTRUCTION BUSINESS General Building Bored Piling (BP) Geotechnical Construction Works Works Equipment Sales and Rental (Tower Crane/ Concrete Pump/ Crane Civil Engineering Diaphragm Wall Marine Works Mechanical, Works (DW) Electrical & Plumbing Driven Pilling S
Slide 19: Page 17
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Slide 20: Page 18
Page 18
Slide 21: Bored Piling
BORED PILING Page 19
Slide 22: Diaphragm Wall
DIAPHRAGM WALL “p , Page 20
Slide 23: Driven Piling
DRIVEN PILING Page 21
Slide 24: Geotechnical Works
ACSET GEOTECHNICAL WORKS Eee 4 ‘tit se ee , nab if | Ce eae es Bee ‘ f
Slide 25: Marine Works
MARINE WORKS
Slide 26: Slipforming & Formwork System, Waterproofing Works
SLIPFORMING & FORMWORK SYSTEM WATERPROOFING WORKS
Slide 27: Prestressing/Post-Tensioning
PRESTRESSING/POST-TENSIONING Page 25
Slide 28: Project Portfolio
Project Portfolio Selected Construction Projects Jakarta 1. Pacific Place 2. Gandaria City 3. Equity Tower 4. Residence 8@Senopati 5. The Pakubuwono Signature, The Pakubuwono House & Town House 6. Kota Kasablanka 7. New British Embassy 8. Menara Satrio Office Tower 9. Setiabudi Sky Garden 10. Distri
Slide 29: Project Portfolio (cont.)
Project Portfolio (cont.) Selected Foundation Projects Jakarta Surabaya 1. Ciputra World 1. Wisma Dharmala 2. Pacific Place 2. Surabaya Madura Approach Bridge 3. Tanjung Priok Access Road E2A 4. BII Plaza Other Areas 5. Bank Indonesia Building “D” 3. Coal Fired Power Plant in Rembang (Central Java)
Slide 30: We Are The Only Indonesian Integrated Construction Company
We Are The Only Indonesian Integrated Construction Company Page 28
Slide 31: Financial Highlights
ACSET Financial Highlights
Slide 32: Balance Sheet
Balance Sheet Solid Balance Sheet Asset (Bio IDR) Liabilities (Bio IDR) 1657 1474 1026 1298 826 738 755 537 359 194 2011 2012 2013 2014 Q2 2015 2011 2012 2013 2014 Q2 2015 Equity (Bio IDR) 647 631 560 165 218 2011 2012 2013 2014 Q2 2015 Page 30
Slide 33: Profit & Loss
Profit & Loss Revenue Revenue Breakdown Q1 2015 Foundation 27% Others 2% Others IDR 147bio IDR 14bio Construction 61351 Foundation 61014 Construction Others Foundation 722 6670 552 643 429 14 Construction 71% IDR 391bio 513 391 347 629 Remains focus in its core competence 371 82 157 147 2011 2012 20
Slide 34: Profit & Loss
Profit & Loss Net Income 100 104 53 36 4 2011 2012 2013 2014 Q2 2015 Page 32
Slide 35: New Contract 2014
New Contract 2014 STRONG ORDER BOOKS DESPITE COMPANY’S SELECTIVE AND PRUDENCE POLICY New Contra cts Ca rried Over New contracts as of June 30, 2015 Al ready Recogni zed Previ ous Years 4289 are Langham Project, Thamrin Nine 3446 3315 Project, Milennium Centennial and Indonesia 1 Tower with contract
Slide 36: Gross, Operation, EBITDA and Net Margin (%)
Gross Margin, Operation Margin, EBITDA Margin, and Net Margin (%) Gross Margin (%) Operation Margin (%) 20,49 14,43 13,08 18,74 17,25 18,43 11,84 11,50 15,27 7,68 2011 2012 2013 2014 Q2 2015 2011 2012 2013 2014 Q2 2015 EBITDA Margin (%) Net Margin (%) 16,5 17,4 17,3 9,89 12,7 8,34 7,86 7,68 11,5 0,7
Slide 37: Interest Bearing Debt/Equity and Current Ratio
Interest Bearing Debt/ Equity (x) Current Asset/ Current Liabilities (x) 0,74 1,57 1,37 1,48 1,42 0,45 1,15 0,42 0,18 0,18 2011 2012 2013 2014 Q2 2015 2011 2012 2013 2014 Q2 2015 Page 35
Slide 38: Business Strategy
ACSET Business Strategy
Slide 39: Strong Foundation Has Been Established
Strong Foundation Has Been Established Our competitive advantage differentiate us from our competitors The only company in Indonesia capable of undertaking from deepest foundation & basement to high rise buildings (Integrated) Over 18 Years of Experience One of the Leading Building, Foundation a
Slide 40: Main Strategy
Main Strategy Sustainable Expansion Establish Premium Brand Awareness PREMIUM PROJECT Focus on premium building projects and infrastructure Invest in latest technology, Human capital, continuous training and work improvement Invest in construction equipment & machinery to support the growth,
Slide 41: Thank You
It is our passion for Excellence in client services; providing our clients with strong partnership and striving to deliver the best products (projects) with high quality
Slide 42: Email: corporate.secretary@acset.co
Email : corporate.secretary@acset.co