Pt Industri Jamu Dan Farmasi Sido Muncul Tbk · IDX:SIDO
Pt Industri Jamu Dan Farmasi Sido Muncul Tbk — Q1 2014 Earnings Presentation
42 slides from Pt Industri Jamu Dan Farmasi Sido Muncul Tbk's earnings presentation, 2014
Slide 1: Update - 1st Quarter 2014
PT INDUSTRI JAMU DAN FARMASI SIDO MUNCUL TBK Update - 1st Quarter 2014 1
Slide 2: Disclaimer
Disclaimer No representation or warranty is made as to the accuracy, completeness or reliability of the information in the presentation. No copy or use of this presentation should occur without the permission of PT Industri Jamu Dan Farmasi Sido Muncul Tbk. This presentation should not be relied upo
Slide 3: List of Content
LIST OF CONTENT 1 COMPANY OVERVIEW OVERVIEW OF 4 HERBAL MEDICINE INDUSTRY 2 INVESTMENT HIGHLIGHTS 5 FINANCIAL HIGHLIGHTS 3 BUSINESS OVERVIEW 3
Slide 4: Company Overview
@§ SIDONUNCUL COMPANY OVERVIEW
Slide 5: Company Overview
COMPANY OVERVIEW The Company was established in 1975 and is domiciled in Semarang and is primarily engaged in pharmaceutical and herbal medicine industry and general trading. Currently, the Company operates a factory located at Jl. Soekarno Hatta km 28, Bergas Sub-District, Klepu, Semarang. The tota
Slide 6: Company's History
COMPANY’S HISTORY 1997-2000 To anticipate the improvement in the future, 2013 Company built a larger factory and modern Initial Public Offering of in 1997 in Klepu, Ungaran. The factory was Company inaugurated in 2000. 1984 Pabrik was transferred to Lingkungan Industri Kecil in Jl Kaliwage, Semarang
Slide 7: Management Team
MANAGEMENT TEAM BOARD OF COMMISSIONER Sigit Hartojo Hadi Santoso Johan Hidayat Budi Setiawan Pranoto President Commissioner Commissioner Independent Commissioner THE MANAGEMENT OF THE COMPANY HAS DEEP UNDERSTANDING & LONG EXPERIENCE IN JAMU & HERBAL MEDICINE INDUSTRY IN INDONESIA BOARD OF DIRECTORS
Slide 8: Vision and Mission
VISION DAN MISSION VISION MISSION Develop herbal-based products that are rational, safe and Become herbal medicine, health food- truthful and are based on scientific research. beverage and herbal raw material processing company that provides benefit to the society Develop continuous research on herb
Slide 9: Company Shareholding Structure After Initial Public Offering
COMPANY SHAREHOLDING STRUCTURE AFTER INITIAL PUBLIC OFFERING DESY SULISTIO IRWAN SOFYAN JOHAN DAVID SANDRA LINATA PUBLIC HIDAYAT HIDAYAT HIDAYAT HIDAYAT HIDAYAT HIDAYAT 40.05% 8.10% 8.10% 8.10% 8.10% 8.10% 19.00% 99.99% 99.99% 9
Slide 10: Investment Highlights
@§ SIDONUNCUL INVESTMENT HIGHLIGHTS
Slide 11: Investment Highlights
INVESTMENT HIGHLIGHTS 1 Largest herbal medicine and healthy products Company with solid and long track record 2 Strong brand equity and market share leader 3 Product innovation 4 Strong distribution network 5 Vertically integrated business model 6 Intensive R&D 11
Slide 12: Business Overview
@§ SIDONUNCUL BUSINESS OVERVIEW we a Ss
Slide 13: Company's Products
COMPANY’S PRODUCTS The Company has over 200 products. The followings are some examples of the Company’s major selling products. HERBAL MEDICINE CATEGORIES ENERGY DRINK Tolak Angin Variants Traditional Herbal Medicine HEALTHY DRINK CANDY & DRINKS SUPPLEMENTS & OTHERS 13
Slide 14: Production Facilities and Support
PRODUCTION FACILITIES AND SUPPORT SEMARANG Currently, Company has a factory in Jalan Soekarno Hatta Km. 28 Kecamatan Bergas - Klepu, Semarang. Company has equipped the factory with various supporting facilities which have been fulfilled the pharmacy standard. Those are the supporting facilities in t
Slide 15: Raw Material Handling
RAW MATERIAL HANDLING SIMPLICIA SORTING WASHING CLEAN SIMPLICIA DRYING 15
Slide 16: Extraction Process
EXTRACTION PROCESS CLEAN SIMPLICIA ROUGH FORMULATION MILLING PERCOLATION MILLING DRYING STERILIZATION EVAPORATION PACKAGING POWDER PACKAGING EXTRACT LIQUID & CONDENSED EXTRACT 16
Slide 17: Powder Herbal Medicine Process
POWDER HERBAL MEDICINE PROCESS RAW FORMULATION ROUGH DRY FRYING MATERIAL MILLING FINE MILLING PACKAGING MIXING SIEVING 17
Slide 18: Instant Powder Herbal Medicine Process
INSTANT POWDER HERBAL MEDICINE PROCESS EXTRACT Others Material Others Material MIXING DRYING MILLING MIXING SIEVING PACKAGING 18
Slide 19: Pill Process and Tablet Process
PILL PROCESS Others Material EXTRACT MIXING MOULDING DRYING PACKAGING TABLET PROCESS Bahan Pembantu EXTRACT MIXING DRYING MOULDING PACKAGING 19
Slide 20: Capsule Process
CAPSULE PROCESS EXTRACT Others Material MIXING DRYING FILLING SORTING PACKAGING 20
Slide 21: Liquid Process
LIQUID PROCESS EXTRACT Others Material MIXING COOKING COOLING FILLING PACKAGING QUARANTINE 21
Slide 22: Candy Process
CANDY PROCESS EXTRACTION Others Material MIXING COOKING MOULDING COOLING PACKAGING 22
Slide 23: Distribution System
DISTRIBUTION SYSTEM The Company is supported by over 108 Sub-Distributors and over 160,000 wholesalers that cover 76 major cities in Indonesia FACTORY Medan Tarakan Tobelo Manado Ternate Batam Pontianak Samarinda Gorontalo Palu Biak MAIN DISTRIBUTION Padang Sorong Jambi Bangka Manokwari Belitung Ket
Slide 24: International Distribution Network
INTERNATIONAL DISTRIBUTION NETWORK The Company products are sold in some countries in America, Europe, Asia, Africa and Australia due to the higher demand of Company’s products. KANADA MONGOLIA AMERIKA SERIKAT KOREA AFGANISTAN ALGERIA JORDAN QATAR HONGKONG NIGERIA BRUNEI DARUSSALAM MALAYSIA SURINAME
Slide 25: Marketing Strategy (5PTR)
MARKETING STRATEGY The Company has succesfully implemented Integrated Marketing Communication Plus (5PTR) Strategy to maximize the brand equity and sales. 5PTR PRODUCT RELATIONSHIP 25
Slide 26: Awards and Certifications
AWARDS AND CERTIFICATIONS The Company has received over 100 certifications and awards from various parties. The following are selected certifications, awards, and recognitions BLOOMBERG BUSINESSWEEK & MINISTRY OF HEALTH FRONTIER CONSULTING GROUP CPOB AND CPOTB CERTIFICATE CORPORATE IMAGE AWARD The f
Slide 27: Herbal Industry at a Glance
@ SIDONMUNCUL HERBAL INDUSTRY AT A GLANCE
Slide 28: Domestic Supplies: Distribution of Traditional Medicine Companies
DOMESTIC SUPPLIES SUMMARY OF DISTRIBUTION OF TRADITIONAL DISTRIBUTION OF TRADITIONAL MEDICINE AND BPOM REGISTERED MEDICINE AND BPOM REGISTERED PRODUCT PRODUCT COMPANIES (2012) COMPANIES (2008-2013) 297 275 No. Province Company Brand Number Jumlah of Company Perusahaan 222 1. North Sumatera 41 125 18
Slide 29: Herbal Medicine Production Growth
HERBAL MEDICINE PRODUCTION GROWTH HERBAL MEDICINE PRODUCTION GROWTH IN INDONESIA Source: Capricorn Indonesia Consult, September 2013 The higher demand of herbal medicine market has prompted some big herbal medicine companies increase their production by continuing to research and improvements in pro
Slide 30: Herbal Medicine Consumption and Pharmacy
HERBAL MEDICINE CONSUMPTION AND PHARMACY GROWTH OF HERBAL MEDICINE CONSUMPTION IN GROWTH OF HERBAL MEDICINE CONSUMPTION BASED ON TYPE INDONESIA (in kilograms) (in kilograms) 13,888,553 20,818,639 10,336,958 15,504,572 11,655,233 7,768,761 6,298,019 8,486,411 5,650,233 4,846,384 6,246,899 4,153,752 3
Slide 31: Company's Position – Herbal Medicine Cold Symptoms
COMPANY’S POSITION – HERBAL MEDICINE COLD SYMPTOMS Increased consumption of herbal medicine coupled with an increasingly modern production technology has led to the production of herbal medicine increased rapidly. In the period 2008-2012, the production of herbal medicine colds recorded increased an
Slide 32: Company's Position – Energy Drink
COMPANY’S POSITION – ENERGY DRINK Market demand and industry developments have prompted increased production of energy drinks in Indonesia. During the period 2008-2012 the production of energy drinks in Indonesia on average each year increased 23.9%. Production of energy drinks in 2008 amounted to 4
Slide 33: Financial Performance
@§ SIDONUNCUL FINANCIAL PERFORMANCE
Slide 34: Product Contribution
PRODUCT CONTRIBUTION Sales Mix GROSS PROFIT MIX 1% 2% 1% 0% 2% 1% 1% 6% 1% 1% 1% 3% 2% 1% 2% 4% 1% 4% 2% 5% 1% 1% 7% 7% 8% 8% 4% 3% 9% 3% 10% 11% 7% 10% 7% 7% 24% 22% 21% 35% 37% 47% 46% 43% 40% 53% 64% 61% 26% 27% 33% 43% 42% 46% 47% 47% 56% 66% 62% 67% 2010 2011 2012 2013 Mar-13 Mar-14 2010 2011 2
Slide 35: Product Contribution (in Million Rupiah)
PRODUCT CONTRIBUTION (in Million Rupiah) Sales Mix GROSS PROFIT MIX 9,616 7,939 11,412 17,374 1,687 2,618 12,203 9,887 14,414 20,380 4,823 5,131 30,068 32,282 17,421 19,116 34,039 53,616 59,149 17,093 36,857 13,672 148,717 42,857 42,725 41,376 33,031 16,285 139,762 229,729 5,844 266,666 13,122 159,6
Slide 36: Balance Sheet Analysis
BALANCE SHEET ANALYSIS (in million Rupiah) 1,168,658 2,150,999 1,304,651 2,951,507 2,625,456 1,980,975 1,452,671 2,946,025 2,741,366 290,202 346,409 535,344 2010 2011 2012 2013 Mar-13 Mar-14 Asset Equity (Unaudited) The Company’s Asset & Equity increased in the last four years, with CAGR of assets a
Slide 37: Income Statement Analysis
INCOME STATEMENT ANALYSIS SALES NET PROFIT (in million Rupiah) (in million Rupiah) 406,936 387,538 2,391,667 2,372,364 2,198,273 339,935 1,866,538 -8% 237,169 115,910 563,642 520,027 78,320 2010 2011 2012 2013 Mar-13 Mar-14 2010 2011 2012 2013 Mar-13 Mar-14 (Unaudited) (Unaudited) The Company’s sale
Slide 38: Financial Ratio Analysis
FINANCIAL RATIO ANALYSIS 31 March 2014 Description 31 December 2013 31 December 2012 31 December 2011 31 December 2010 (Unaudited) Sales Growth, yoy -7.7% -0.8% 8.8% 17.8% n.A Gross Profit Growth, yoy 8.8% 9.8% 4.9% 28.0% n.A Operating Profit Growth, yoy 19.0% 2.4% 14.9% 31.0% n.A Net Profit Growth,
Slide 39: Thank You – Main Office and Factory
Main Office: Gedung Menara Suara Merdeka Lantai 16 Jl Pandanaran No.30 Semarang 50134, Indonesia Phone: (+6224) 7692-8811 Fax: (+6224) 7692-8815 Website: www.sidomuncul.com Factory: Jl Soekarno Hatta km 28 Kecamatan Bergas, Klepu Semarang 50552, Indonesia Phone: (+62298) 523-515 Fax: (+62298) 523-50
Slide 40: Balance Sheet
BALANCE SHEET (in million Rupiah) 31 March 2014 31 December 31 December 31 December 31 December Description (Unaudited) 2013 2012 2011 2010 ASSET Current Asset 2,201,449 2,366,910 1,584,850 743,798 639,127 Non-Current Asset 744,576 584,597 566,149 424,860 251,075 LIABILITIES Current Liabilities 205,
Slide 41: Income Statement
INCOME STATEMENT (in million Rupiah) 31 March 2014 31 December 31 December 31 December 31 December Description (Unaudited) 2013 2012 2011 2010 Sales 520,028 2,372,364 2,391,667 2,198,273 1,866,538 Cost of Goods Sold (323,915) (1,361,583) (1,471,020) (1,320,584) (1,180,604) Gross Profit 196,113 1,010
Slide 42: Cashflow Statement
CASHFLOW STATEMENT (in million Rupiah) 31 March 2014 31 December 31 December 31 December 31 December Description (Unaudited) 2013 2012 2011 2010 Net Cash Provided by (14,934) (54,114) (16,446) 182,793 299,321 Operating Activities Net Cash Used in 34,246 (193,475) (179,925) (206,780) (95,542) Investi
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