Pt Puradelta Lestari Tbk · IDX:DMAS
Pt Puradelta Lestari Tbk — Q1 2016 Earnings Presentation
24 slides from Pt Puradelta Lestari Tbk's earnings presentation, April 2016
Slide 1: PT Puradelta Lestari Tbk Management Presentation 1Q 2016 Unaudited Results
PT PURADELTA LESTARI TBK MANAGEMENT PRESENTATION 1Q 2016 UNAUDITED RESULTS APRIL 2016 STRICTLY CONFIDENTIAL
Slide 2: Disclaimer
DISCLAIMER THIS PRESENTATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT, IS NOT INTENDED TO BE, AND SHALL NOT BE CONSTRUED AS, AN OFFER, INDUCEMENT, INVITATION, SOLICITATION, COMMITMENT OR ADVERTISEMENT WITH RESPECT TO THE PURCHASE, SUBSCRIPTION OR SALE OF ANY SECURITY AND NO PART OF IT SHALL FORM
Slide 3: Agenda
AGENDA 1 01 COMPANY A OVERVIEW 3 02 STRATEGIES AND OPERATIONAL UPDATES 14 03 KEY FINANCIAL INFORMATION 17 STRICTLY CONFIDENTIAL PAGE 2
Slide 4: Company Overview
01 COMPANY OVERVIEW STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 3
Slide 5: PT Puradelta Lestari Tbk: One of Leading Integrated Township Developers
COMPANY OVERVIEW PT PURADELTA LESTARI TBK One of Leading Integrated Township Developers at East of Jakarta Integrated Property Developer Our primary project: Kota Deltamas — Sourcing and acquiring land Kota Deltamas is a self-sustainable — Design and development integrated township, servicing —
Slide 6: Key Company Milestones
COMPANY OVERVIEW KEY COMPANY MILESTONES Commenced Changed company status to work on Zone foreign capital investment A of Incorporated company Bekasi Regency Greenland as a local Launched first Government Commenced Sojitz Corporation (previously International investment residential Cent
Slide 7: Shareholding Structure
COMPANY OVERVIEW SHAREHOLDING STRUCTURE Strong Partnership between Sinarmas Land and Sojitz Corporation Ownership Structure of the Company A part of the leading conglomerate in Indonesia Listed on the SGX AFP Leading property developer in Indonesia, with Jermina PT Sumber Sojitz International
Slide 8: Kota Deltamas: Solid Master Plan with Large Land Bank
COMPANY OVERVIEW KOTA DELTAMAS Solid Master Plan with Large Land Bank Land Allocation Land Bank Update (31 Mar 2016) As of Mar 2016 (Ha) Industrial Commercial Residential Total Total Gross Area 1,438 757 856 3,051 Developed and Sold 1,006 188 131 1,325 Developed and Unsold 399 84 8 491 Undeveloped a
Slide 9: Kota Deltamas: Strategically Located along Major Toll Road
COMPANY OVERVIEW KOTA DELTAMAS Strategically Located along Major Toll Road of Jakarta - Cikampek 3 Direct Access to 4 1 Jakarta-Cikampek toll road* Located at the epicenter 1 of the industrial zone 2 2 along Jakarta – Cikampek Toll Road 5 ~50km from Jakarta’s main international 3 seaport – Tan
Slide 10: Industrial Estate: One of the Largest along Jakarta-Cikampek Toll Road
COMPANY OVERVIEW INDUSTRIAL ESTATE One of the Largest Industrial Estate along the Jakarta-Cikampek Toll Road Greenland International Industrial Center (“GIIC”) Suzuki Takata YKK Nippon Express Logistics Industrial estate with total gross area of 1,438 Ha – >83 number of customers in total – Most t
Slide 11: Attracting a Diverse Mix of Customers across Various Sectors
COMPANY OVERVIEW INDUSTRIAL ESTATE Attracting a Diverse Mix of Customers across the Various Sectors Automobile Logistics Food & Beverage General consumers Automobile manufacturer Logistics services provider Food products manufacturer Stationery producer Automobile manufacturer Logistics services pro
Slide 12: Development of Commercial Area
COMPANY OVERVIEW COMMERCIAL AND RESIDENTIAL ESTATE Development of Commercial Area Total Gross Development Commercial Area of 757 Ha, including clusters of ―shop houses‖ and other commercial zone developments: Government center (Bekasi Regency Government Center) Tertiary Educational Institution
Slide 13: Development of Residential Area
COMPANY OVERVIEW COMMERCIAL AND RESIDENTIAL ESTATE Development of Residential Area Total Gross Development Residential Area of 856 Ha, consist of individual landed units that are built in residential clusters Previously focused on mid-price range, moving forward planning to include middle to hig
Slide 14: Supporting Infrastructure and Utilities
COMPANY OVERVIEW SUPPORTING INFRASTRUCTURE AND UTILITIES World-class Infrastructure to Support Integrated Township Development Access to International World class Environmental Jakarta-Cikampek standard estate planning awareness toll road infrastructure and design Allocated common area Direct ac
Slide 15: Strategies and Operational Updates
02 STRATEGIES AND OPERATIONAL UPDATES STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 14
Slide 16: Key Business Initiatives
KEY BUSINESS INITIATIVES Profitability Maximization and Growth Strategies Development of an integrated township Expansion of land bank area Flexibility to rezone land bank according to strategy and demand Recurring income strategy Development of international standard infrastructure and amenities ST
Slide 17: Operational Updates: New Initiatives and Pipeline Projects
OPERATIONAL UPDATES NEW INITIATIVES AND PIPELINE PROJECTS Initiatives for Sustainable Development Current New Initiatives Pipeline Projects Commercial spaces Currently in planning and preparation phase to develop apartments and hotels Future recurring income assets for the Company Serviced Apa
Slide 18: Key Financial Information
03 KEY FINANCIAL INFORMATION STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 17
Slide 19: Marketing Sales Updates
MARKETING SALES UPDATES Temporary Marketing Sales Slowdown Marketing Sales 31 Mar 2016 Nominal / Value (Rp Bn) 66 Area / Volume (Ha) 2.6 • Marketing sales in 1Q 2016 is still dominated by industrial land sales of Rp 42.5 billion or equal to around 2.2 Ha. • Economy slowdown in Indonesia still contin
Slide 20: Key Financial Information
KEY FINANCIAL INFORMATION Revenues (in Rp Bn) Revenues by Segment Revenues by Segment 31 Mar 2015 31 Mar 2016 740 2.1% 0.7% 1.3% 0.0% 0.0% 0.0% 588 97.2% 98.7% Industrial Residential Commercial Rental 31 Mar 2015 31 Mar 2016 Gross Profit (in Rp Bn) Operating Profit (in Rp Bn) Net Profit (in Rp Bn) 1
Slide 21: Key Financial Information: Booked Sales by Segment
KEY FINANCIAL INFORMATION Booked Rp 581 billion Industrial Land Sales Industrial Residential Commercial 1,000 64.1% 70.0% 30 60.0% 10 80.7% 90.0% 57.5% 50.6% 60.0% 46.9% 80.0% 800 719 25 50.0% 8 70.0% 581 50.0% 20 40.0% 60.0% 600 40.0% 15 6 5 50.0% 15 30.0% 400 30.0% 40.0% 4 20.0% 10 7 20.0% 30.0% 2
Slide 22: Solid Financial Position
KEY FINANCIAL INFORMATION Solid Financial Position • The Company currently does not have any debt / loan. • The Company has paid interim dividend for fiscal year 2015 on November 2015 amounting Rp 578 billion or Rp 12 per share. • The Company’s net cash position as of 31 Mar 2016 is above Rp 1 trill
Slide 23: Summary Income Statement and Balance Sheet
KEY FINANCIAL INFORMATION Summary - Income Statement Summary - Balance Sheet Income Statement in Rp Bn Mar 2015 Mar 2016 Balance Sheet in Rp Bn Dec 2015 Mar 2016 Revenues 740 588 ASSETS Gross Profit 472 338 Cash and Cash Equivalent 1,175 1,057 Selling Expenses 23 0.2 Current Assets 4,495 4,330 Gener
Slide 24: Thank You
THANK YOU For Further Information: PT Puradelta Lestari Tbk. Marketing Office Kota Deltamas Jl. Tol Jakarta-Cikampek KM 37 Cikarang Pusat – Bekasi 17530, Indonesia Phone : +62 21 8997 1188 Fax : +62 21 8997 2029 Email : finance@deltamas.co.id ricardo@deltamas.co.id Website : www.kota-deltamas.com ST