Pt Kawasan Industri Jababeka Tbk Class A · IDX:KIJA
Pt Kawasan Industri Jababeka Tbk Class A — Investor Presentation (February 2022)
35 slides from Pt Kawasan Industri Jababeka Tbk Class A's investor presentation, February 2022
Slide 1: PT Kawasan Industri Jababeka Tbk. Investor Presentation
PT Kawasan Industri Jababeka Tbk. Investor Presentation February 2022 (updated with 9M21 financials & FY21 marketing sales) 0
Slide 2: Disclaimer
Disclaimer This presentation material has been prepared by PT Kawasan Industri Jababeka Tbk (the “Company”) and may contain statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers
Slide 3: 2021 Marketing Sales Result and 2022 Outlook & Guidance
2021 Marketing Sales Result and 2022 Outlook & Guidance Marketing Sales & Other Highlights Cash Flow Overview: ➢ 2020 Marketing Sales: Rp898bn ➢ 2022 Cash inflow Guidance: • Down ~46% vs 2019 due to the Covid-19 pandemic • Rp1,750bn • On a positive note, 2H20 was more than 2.5x 1H20 - 50% Backlog (3
Slide 4: Jababeka Group Joins the Fight against Covid-19
Jababeka Group Joins the Fight against Covid-19 ➢ Together with President University, Jababeka Group initiated a crowd- funding exercise, which has raised nearly Rp 7 billion (and counting) for medical equipment required to combat Covid-19 ➢ Providing facilities / buildings for self-isolation purpos
Slide 5: Leading township developer & infrastructure powerhouse
Leading township developer & infrastructure powerhouse PT Kawasan Industri Jababeka Tbk. ("KIJA") is a leading township developer with an established track record in industry- based townships supported by residential & commercial components... FY20 Revenue Breakdown (%) PT Kawasan Industri Jababeka
Slide 6: Milestones & Selected Awards
Milestones & Selected Awards More than 30 years track record in township development Golden Property 6th Property Award 2019 Indonesia Awards The Best Township 2016 2018 Development Project – The Recommended Groundbreaking Kota Jababeka Condominium Kendal Industrial Cikarang Development in 2014 Park
Slide 7: Sizeable land bank in strategic locations with upside potential
Sizeable land bank in strategic locations with upside potential Kota Jababeka Cikarang Master plan: 5,600 hectares ✓ Fully integrated and matured city development 35km east of Jakarta, 45mins from Jakarta’s CBD 35km east of Jakarta Land Bank: 1,249ha(1) ✓ Most established industrial area in Gr
Slide 8: Kota Jababeka — Flagship industry-based integrated township
Kota Jababeka — Flagship industry-based integrated township Kota Jababeka is a mature industry-based township strategically located in close proximity to Jakarta CBD, sea port and airport… • 35 KM from Jakarta City • Close to International Airport & Seaport JORR 2 Toll Road Cibitung – Tanjung • Acce
Slide 9: Kota Jababeka – Anchored by a blue-chip customer base
Kota Jababeka – Anchored by a blue-chip customer base The portfolio of high-quality multinational and domestic customers at Kota Jababeka is a testament to the township's strategic location and superior infrastructure facilities Diverse mix of occupants across sectors (breakdown by number of occupan
Slide 10: Jababeka Residence – A City for Your World
Jababeka Residence – A City for Your World Residential & Commercial Developments Oscar Townhouse Sudirman Boulevard Cluster Commercial Center Mixed-Use Developments KM 29 KM 31 Hollywood Junction, Monroe & Elvis Tower KM 34 Facilities International President Jababeka Golf & Living Plaza Jababeka Jab
Slide 11: Enhancing Kota Jababeka's value proposition: Jababeka Infrastruktur
Enhancing Kota Jababeka's value proposition: Jababeka Infrastruktur PT Jababeka Infrastruktur provides top notch to infrastructure and services, including clean water provision, wastewater treatment, estate management, and other services such in-house fire brigade, 24-hour security, fiber optics, na
Slide 12: Enhancing Kota Jababeka's value proposition: Bekasi Power Plant
Enhancing Kota Jababeka's value proposition: Bekasi Power Plant KIJA is the only industrial estate developer in Indonesia with its own power plant located within its estate Integrated Power Generation & Distribution Process 1 • 130MW gas fired combined cycle plant 100% output to PLN • 20 year 100% o
Slide 13: Enhancing Kota Jababeka's value proposition: Cikarang Dry Port
Enhancing Kota Jababeka's value proposition: Cikarang Dry Port Strategic location in the heart of the largest manufacturing zone along the Bekasi-Cikampek industrial corridor… Airport JABABEKA MM 2100 EJIP LIPPO 62%1 HYUNDAI GIIC SURYA CIPTA Enhanced Accessibility with New Toll Gate KM 29 KIIC KIKC
Slide 14: Cikarang Dry Port integrated port & logistics facilities
Enhancing Kota Jababeka's value proposition: Cikarang Dry Port New Bonded Office: Office 3rd Logistics Gate CDP, Party & PLB Center Port Quarantine DC Customs 2 (PLB) Code: & Banking IDJBK Physical Inspection Container Freight Railway Station Emplacement Reefer Mobile X-Ray Container Yard 200 ha of
Slide 15: Enhancing Kota Jababeka's value proposition: Cikarang Dry Port
Enhancing Kota Jababeka's value proposition: Cikarang Dry Port Cikarang Dry Port (CDP) is the first and only integrated customs, quarantine and logistics facility in Indonesia… Overview Revenue (IDR billion) • Since 2012, Cikarang Dry Port is an official port of origin and 225 destination with inter
Slide 16: Diversified land bank
Diversified land bank A geographically diversified land bank allows KIJA to capture different market segments and enhances earnings resilience… Township Development & Kota Jababeka Kendal Tanjung Lesung Morotai Land Bank – Total (1): 5,095ha 1,249ha 557ha 1,496ha 1,794ha Positioning Positioning Esta
Slide 17: Kendal Industrial Park – Park by the Bay
Kendal Industrial Park – Park by the Bay Joint Venture between Jababeka (51%) and Sembcorp (49%) from Singapore Special Economic Zone for Industrial Estates Benefits from Sembcorp’s expertise in developing and marketing industrial estates across Asia (China, Vietnam, Indonesia) and Kendal Port
Slide 18: Kendal Industrial Park – Park by the Bay
Kendal Industrial Park – Park by the Bay Our Kendal Industrial Park – Park by the Bay development in Central Java is well-positioned to benefit from growing demand for relatively low-cost industrial estates with good connectivity and competitive labor costs • Macro infrastructure planning that suppo
Slide 19: Kendal Industrial Park – Park by the Bay
Kendal Industrial Park – Park by the Bay 18
Slide 20: Tanjung Lesung
Tanjung Lesung Tanjung Lesung overview Malaysia Singapore Location ~ 170 km southwest of Jakarta in Banten Indonesia Tanjung Lesung Tourism-based integrated township (hotels, Concept apartments, sailing, diving & beach clubs) Australia Currently accessible by toll road from Jakarta in Access ~ 3.5 h
Slide 21: Tanjung Lesung
Tanjung Lesung Strong government support for Tanjung Lesung's development as a tourism zone... Facilities and infrastructure at Tanjung Lesung • Existing infrastructure includes access roads, a water treatment plant, wastewater treatment plant, electricity supply and telecommunication links • Visito
Slide 22: Tanjung Lesung
Tanjung Lesung Current property products Tanjung Lesung Beach Hotel KALICAA VILLA 21
Slide 23: Morotai
Morotai Future tourism and logistics hub strategically located in the heart of Pacific Asia with natural tropical beauty and World War 2 historic sites and relics ✓ 3 hours flight from Singapore and Taipei ✓ Great potential for tourism, agricultural and fishing industries, and as a logistics hub ✓ M
Slide 24: Clear strategic focus
Clear strategic focus KIJA's existing pipeline provides visible opportunities over different time frames • Development of Tanjung Lesung • Continue to develop and capitalize on tourism-based township Kota Jababeka Township Short Term Medium Term • Development of Morotai, initially as a • Further dev
Slide 25: Financial Highlights
Financial Highlights Revenue breakdown (IDR billion) Gross profit (IDR billion) and Gross profit margin (%) Recurring revenue Real estate & other revenue 1,400 2,931 2,995 Gross profit Gross profit margin 64% 2,712 1,200 1,243 2,396 1,137 1,179 2,254 1,000 54% 1,208 1,221 1,018 1,142 1,653 800 843 3
Slide 26: Balance Sheet Highlights
Balance Sheet Highlights Assets and cash (IDR billion Debt, Equity (IDR billion) and Debt/Equity (x) Cash and cash equivalents Total assets 12,185 12,200 12,337 12,000 Total equity Total debt Debt/Equity 1.00 11,784 11,266 10,734 10,000 6,307 6,260 0.90 6,053 6,132 5,900 8,000 5,638 0.80 0.72 0.68 0
Slide 27: 9M21 Financial Highlights Press Release
9M21 Financial Highlights Press Release PT Jababeka Tbk (“KIJA”) recorded a total revenue of Rp 1,652.6 billion for the first three quarters of 2021, a decrease of 10% compared to the same period of 2020. This decrease in revenue was mainly the result of lower contribution from the Land for Developm
Slide 28: KIJA Exceeds FY21 Marketing Sales Target
KIJA Exceeds FY21 Marketing Sales Target PT Jababeka Tbk (“KIJA”) realized Rp 1.42 trillion in real estate marketing sales for the year 2021, thereby exceeding the FY21 target of Rp 1.4 trillion by 1.3% and exceeding the FY20 achievement of Rp 898.7 billion by 58%. Cikarang remained dominant with 65
Slide 29: FY21 Marketing Sales
FY21 Marketing Sales Description Total Q1 Q2 Q3 Q4 Area (m2) Amount (RpK) M2 Amount (RpK) M2 Amount (RpK) M2 Amount (RpK) M2 Amount (RpK) 100% Consolidated / Wholly Owned Land Plots - Cikarang 241,882 626,085,890 55,704 149,882,564 41,365 101,503,500 51,443 128,863,337 93,370 245,836,489 Industrial
Slide 30: FY20 Marketing Sales
FY20 Marketing Sales Description Total Q1 Q2 Q3 Q4 Area (m2) Amount (RpK) M2 Amount (RpK) M2 Amount (RpK) M2 Amount (RpK) M2 Amount (RpK) 100% Consolidated / Wholly Owned Land Plots - Cikarang 92,966 220,297,389 14,761 42,004,500 16,722 26,736,000 15,314 38,729,988 46,169 112,826,901 Industrial Buil
Slide 31: Historical Marketing Sales
Historical Marketing Sales Description 2020 2019 2018 2017 M2 Amount (RpK) M2 Amount (RpK) M2 Amount (RpK) M2 Amount (RpK) Land Plots - Cikarang 92,966 220,297,389 104,269 252,599,124 59,077 233,445,682 64,166 211,899,435 Land Plots - Kendal 169,907 216,153,572 583,415 722,891,817 132,873 160,188,22
Slide 32: Debt Overview – As of 30 September 2021
Debt Overview – As of 30 September 2021 Debt Maturity Profile (in million USD) (1) Fixed vs Floating Interest Rate $300.0 Standard Chartered 0.3% Bank Central Asia Floating Bank Tabungan Negara Fixed Bank Negara Indonesia 99.7% Global Notes Bank OCBC NISP IDR vs USD Debt $2.8 1.9% $1.2 IDR $0.6 $0.7
Slide 33: Management Team
Management Team Average of more than 25 years of industrial township development experience Board of Commissioners Setyono Djuandi Darmono Suhardi Alius Gan Michael President Commissioner Vice President Commissioner Independent Commissioner (Founder) Independent Commissioner Board of Directors Budia
Slide 34: KIJA NAV – As per 30 September 2021
KIJA NAV – As per 30 September2021 Land bank Size (ha) ASP (Rp million) NAV (Rp bn) Cikarang Inventory 156 4.00 6,244 Land for Development* 1,093 0.55 6,010 Kendal Inventory 1.50 Land for Development* 557 0.35 1,950 Tanjung Lesung Inventory 22 1.00 222 Land for Development* 1,473 0.25 3,683 Morotai
Slide 35: Thank You
Thank You www.jababeka.com 34
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