Pt Trans Power Marine Tbk · IDX:TPMA
Pt Trans Power Marine Tbk — Q3 2023 Earnings Presentation
17 slides from Pt Trans Power Marine Tbk's earnings presentation, 2023
Slide 1: PT. Trans Power Marine Tbk Investor Update – 3Q2023
PT. Trans Power Marine Tbk Investor Update – 3Q2023 1
Slide 2: Disclaimer
Disclaimer These materials have been prepared by PT Trans Power Marine Tbk (the “Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presented or
Slide 3: Brief History
Brief History PT Trans Power Marine (TPM) was established in year 2005 in Jakarta. The company provides marine transportation service for coal Shipment. Started with only one customer in the beginning, which is Jorong Barutama Greston (Banpu Group), TPM had build competency, accumulated knowledge an
Slide 4: 2023 – Key Strategy
2023 – Key Strategy • Balance the inter island/long towing services and transshipment services; • Effective fleet management by optimizing fleet utilization and profitable route; • Managed docking schedule to minimize idle fleet; • Selected trustworthy and higher margin customer; • New capex to incr
Slide 5: Company Update
Company Update Striving for growth and to tap into the newly rising and lucrative sector of nickel commodity, PT Trans Power Marine Tbk sought the opportunity by establishing a joint venture last year. PT Trans Logistik Perkasa (TLP) is a joint venture company owned by PT Pelayaran Pacifik Indonesia
Slide 6: Current Fleets
Current Fleets 40 Kapal Tunda | Tug Boats Kapal ini digunakan 3 untuk pengangkutan Crane Barge | Crane komoditas curah. Barge Memiliki kapasitas sebesar 18.000‐ 24.000 MT/hari yang 35 digunakan untuk jasa Kapal Tongkang | pengangkutan Barges transshipment. Kapal ini digunakan untuk pengangkutan komo
Slide 7: Capex Kapal Baru
Capex Kapal Baru Tahun 2022 ‐ US$ 38juta Terdiri dari : ‐ 5 set untuk Perseroan ‐ 15 set untuk PT Trans Logistik Perkasa (anak perusahaan) Tahun 2023 ‐ US$ 40juta Terdiri dari : ‐ 5 set untuk Perseroan ‐ 20 set untuk PT Trans Logistik Perkasa (anak perusahaan) 7 BULK CARGO TRANSPORTATION AND HANDLIN
Slide 8: Industry Outlook
Industry Outlook 8 BULK CARGO TRANSPORTATION AND HANDLING
Slide 9: Realization up to date 2023 – 10 – 30, equal to 89.13% from Target
Y 2023 TARGET REALIZATION (million tons) (million tons) Realization up to date 2023 – 10 – 30, Production 694.50 618.98 Domestic ‐ 263.61 equal to 89.13% from Target Export 460.00 318.90 DMO 176.80 71.06 9 BULK CARGO TRANSPORTATION AND HANDLING
Slide 10: TPM Financial 9M23 Result
TPM FINANCIAL 9M23 RESULT (US$ in 000) 5% Revenue US$ 2,408 20% 21% Gross Profit Operating Income US$ 2,914 US$ 2,355 PnL 3Q2023 3Q2022 Revenue 48,032 45,624 37% 15% Gross Profit 17,328 14,414 Net Income EBITDA Operating Income 13,762 11,407 Net Income 13,155 9,592 US$ 3,563 US$ 2,959 EBITDA 23,313
Slide 11: Diversification of Revenue
Diversification of Revenue 1 BY PRODUCT 3Q2023 3Q2022 TRANSPORTED PRODUCT DURING 3Q 2023 (in %) Product Volume Amount % to Volume Amount % to (in'000 MT) (in'000 US$) Rev. (in'000 MT) (in'000 US$) Rev. Nickel, 1.3% Others, 0.6% Coal 11,795 41,194 85.8% 11,386 39,263 86.0% Woodchips 745 5,924 12.3% 6
Slide 12: 3Q2023 P & L
3Q2023 P & L ‐ (US $ in 000) Revenue Gross Profit 70,000 25,000 40% 62,802 34% 32% 36% 35% 60,000 20,000 48,032 30% 21,136 30% 47,689 50,000 43,874 42,016 17,328 25% 39,762 15,000 22% 40,000 13,957 20% 14,393 20% 10,000 15% 30,000 9,386 7,817 10% 20,000 5,000 5% 10,000 ‐ 0% ‐ 2018 2019 2020 2021 202
Slide 13: DER & Cash Balance
DER & Cash Balance Total Debt and Debt to Equity Ratio US$ in 000 Cash Balance and Cash to Equity US$ in 000 30,000 40% 25,000 30% 38% 24% 31% 35% 25,000 28,374 25% 20,000 30% 22,128 24,389 26% 17% 20% 20,000 25% 15,000 20,036 21% 13% 15,499 15% 15,000 20% 16,166 17% 10,000 15,696 15% 10,168 10% 10,
Slide 14: Balance Sheet
Balance Sheet ‐ (US $ in 000) ASSETS 3Q23 FY22 LIABILITIES AND EQUITY 3Q23 FY22 CURRENT ASSETS CURRENT LIABILITIES Cash on hand and in banks 22,128 15,499 Short term bank loans 5,965 6,094 Trade Receivables : Trade Payable‐third parties 4,469 5,569 3rd parties 8,765 9,393 Others payable ‐ third part
Slide 15: Our Customers
Our Customers 15 BULK CARGO TRANSPORTATION AND HANDLING
Slide 16: Dividend
Dividend % to Net Year IDR per Saham IDR USD Income 2014 11 28,966,300,000 2,420,110 30% 2017 4 10,533,200,000 792,089 52% 2018 12 31,599,600,000 2,277,120 48% 2019 26,6 70,045,780,000 4,936,974 64% 2020 23,5 61,882,550,000 4,220,896 50% 2021 22 57,932,600,000 3,991,773 184% 2022 12 31,599,600,000 2
Slide 17: Thank You
Thank You 17 BULK CARGO TRANSPORTATION AND HANDLING
PT Trans Power Marine — Q3 2023 Earnings Presentation on 6ix