Pt Acset Indonusa Tbk · IDX:ACST
Pt Acset Indonusa Tbk — FY2017 Earnings Presentation
35 slides from Pt Acset Indonusa Tbk's earnings presentation
Slide 1: Performance Update FY 2017
PT Acset Indonusa Tbk Performance Update FY 2017 Integrated Construction Company
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by PT Acset Indonusa Tbk (ACSET) and is general background information about ACSET activities current as at the date of this presentation and are subject to change without prior notice. This information is given in summary form and does
Slide 3: Contents
Contents Company Profile Business Profile & Operations Business Strategy Financial Highlights & Updates Performance Update FY 2017 3
Slide 4: Company Profile
Company Profile Performance Update FY 2017 4
Slide 5: Overview
Overview Indonesia’s Leading Integrated Construction Company PT Acset Indonusa Tbk (“ACSET”) is an integrated construction company, providing technical and construction services in foundation, building, civil engineering, infrastructure and ground engineering specialist works. ACSET is one of the fe
Slide 6: Major Milestones
Major Milestones 1995 Established as PT Acset Indonusa as foundation specialist 2001 Develop first competence in structure works in 2008 Surabaya Develop competences in civil works (Tanjung Jati B Unit 3&4 Power Plant Project) 2006 Develop competences in complex high-rise structure (Pacific Place Pr
Slide 7: Part of Indonesia's Largest Business Group
Part of Indonesia’s Largest Business Group Manufacture & Distribution, (Market Share 54% for cars and 75% for motorcycles) Construction Machinery Market Leader Banking, general and life insurance, (35% market shares) leasing company Mining Contracting Market Leader (49% market shares) CPO producer,
Slide 8: Shareholding Structure
Shareholding Structure 100.0% Acset Indonusa Co., Ltd. (Vietnam), Est. 2008 General Contractor Services 100.0% 84.0% Innotech Systems, Est. 2011 Formwork Services Karya Supra Perkasa Mechanical, Electrical & 60.0% Bintai Kindenko Engineering Indonesia, Est. 2012 Plumbing (MEP) Contractor 50.1% 92.3%
Slide 9: On-Going Projects
On-Going Projects Bakauheni-Sidomulyo Toll Road, Lampung The Stature, Jakarta Soil Improvement Work, Batang, Central Java Mixed-use development Millenium Centennial Grand Mansion, Jalan Borobudur, Kebon Sirih, Jakarta Center, Jakarta Jakarta LRT Cawang – Cibubur LRT Cawang – Dukuh Atas West Vista, J
Slide 10: Management
Management ACSET is managed by a dedicated professional, experienced team. BOARD OF COMMISSIONERS BOARD OF DIRECTORS JEFFREY GUNADI GIDION HASAN YOHANES EKA CHANDRAWIJAYA President PRAYUDA Commissioner President Director Director TAN TIAM SENG DAVID IMAN RONNIE ELLYJAWATI SENTOSA Director Commission
Slide 11: Organizational Structure
Organizational Structure Executive Committee Board of Commissioners Corporate Secretary & Legal Audit Committee Corporate Audit & Risk Nomination & Remuneration Board of Directors Committee Tender Procurement Project Control Finance Director HC & Operation System & Company Operation Director Support
Slide 12: Business Profile & Operations
Business Profile & Operations Performance Update FY 2017 12
Slide 13: Areas of Expertise
Areas of Expertise Demolition Foundation General Building Infrastructure Marine Works Works Works Works Works M A I •Geotechnical Civil N Controlled- Works engineering •Bored Pilling & High rise and •Inter-island E demolition with related works x Diaphragm Wall complex bridges P minimal impact • Wat
Slide 14: Demolition Works
Demolition Works CIMB Niaga & Sequis Office Building, Jakarta Performance Update FY 2017 14
Slide 15: Bored Piling & Diaphragm Wall
Bored Piling & Diaphragm Wall Thamrin Nine Project Indonesia 1 Project Performance Update FY 2017 15
Slide 16: General Building Works
General Building Works Residence 8 Project Centennial Tower Project Performance Update FY 2017 16
Slide 17: Infrastructure Works
Infrastructure Works Construction of Toll Gate, Cilegon Barat Construction of Additional Transaction Line, Balaraja Timur Kertosono – Mojokerto Toll Road Kertosono – Mojokerto Toll Road Performance Update FY 2017 17
Slide 18: Infrastructure Works (2)
Infrastructure Works (2) Tanjung Jati Power Plant Unit 3 & 4 Toll Gate of Kertosono - Mojokerto Toll Road Tanjung Jati Power Plant Unit 3 & 4 Performance Update FY 2017 18
Slide 19: Marine Works
Marine Works Approach Bridge Suramadu Approach Bridge Suramadu Approach Bridge Suramadu Performance Update FY 2017 19
Slide 20: Slipforming & Formwork System
Slipforming & Formwork System Silo of PT Semen Indonesia Tuban IV Silo of Bosowa Mataram Performance Update FY 2017 20
Slide 21: Current Project Portfolio: Foundation Projects
Current Project Portfolio: Foundation Projects 18 1. Indonesia 1, Jakarta 19. Approach bridge of Suramadu 2. Millenium Centennial Tower, Bridge, East Java Jakarta 20. Plaza Ambarukmo, Yogyakarta 3. Taman Anggrek Residences, 21. Soil Improvement Work (Central 21 19 Jakarta Java Project), Batang 20 4.
Slide 22: Current Project Portfolio: Structural Projects
Current Project Portfolio: Structural Projects 1. Indonesia 1, Jakarta 15. BG Junction Supermall Pakuwon, 17 2. Millenium Centennial Tower, Surabaya Jakarta 16. Supermall PTC Pakuwon Indah, 14 3. Thamrin Nine, Jakarta Surabaya 18 15 19 16 4. District 8 Mixed-Use and 17. Sun Plaza, Medan 20 21 Langha
Slide 23: Current Project Portfolio: Civil & Infrastructure
Current Project Portfolio: Civil & Infrastructure 4 3 18 6 17 12 1 16 2 13 11 20 19 15 5 9 14 10 8 7 1. Tanjung Priok Access Road (phase II), Jakarta 12. Construction of toll gate and transaction line, Balaraja 2. Blending silo of PT Semen Gresik Rembang, Central Java Timur and Cilegon Barat, Banten
Slide 24: Current Project Portfolio: Demolition Projects
Current Project Portfolio: Demolition Projects 1. CIMB Niaga & Sequis Office Building, Jakarta 1 2. International Financial Center Tower II Car Park, 2 Jakarta Performance Update FY 2017 24
Slide 25: Current Project Portfolio: MEP Projects
Current Project Portfolio: MEP Projects 4 3 1. Mixed–Use Development Indonesia 1, Jakarta 2. Jakarta MRT Project – 4 stations (Bundaran Senayan, Istora Senayan, Bendungan Hilir and 1 Setiabudi) 2 3. Hotel Harris & Yello, Jakarta 4. Bintan Residence Performance Update FY 2017 25
Slide 26: Financial Highlights
Financial Highlights Performance Update FY 2017 26
Slide 27: Annual Revenue by Sector, 2013-2017
Annual Revenue by Sector, 2013-2017 2013-2017 (in % breakdown) (3%) (3%) (4%) (2%) (2%) (19%) (37%) (47%) (33%) (63%) (76%) (63%) (62%) (53%) (9%) (24%) 2013 2014 2015 2016 2017 Construction Sector Foundation Sector Infrastructure Others Performance Update FY 2017 27
Slide 28: Net Income, 2013-2017
Net Income, 2013-2017 Net Income, 2013-2017 (in IDR billion) 180 160 154 140 Net income (IDR billion) 120 100 105 99 80 60 68 40 42 20 0 2013 2014 2015 2016 2017 Performance Update FY 2017 28
Slide 29: Financial Highlights, 2013–2017
Financial Highlights, 2013–2017 In IDR million 2013 2014 2015 2016 2017 Net revenue 1,014,502 1,350,908 1,356,868 1,794,002 3,026,989 Gross profit 207,686 248,939 224,374 279,639 465,900 Gross profit margin 20.5% 18.4% 16.5% 15.6% 15.4% Operating profit 152,919 176,710 130,915 182,096 310,722 Operat
Slide 30: New Contracts 2013-2017
New Contracts 2013-2017 8,441 3,773 3,088 1,621 606 2013 2014 2015 2016 2017 Notable New Contracts, 2017 as follows: 2017 • Toll Jakarta – Cikampek II Elevated Project 12% • Toll JORR II Kunciran – Serpong Project • LRT Cawang – Dukuh Atas, Cibubur & Bekasi Timur Others: • Soil Improvement Work (Cen
Slide 31: Order Book (In Billion Rupiah)
Order Book (In Billion Rupiah) Carry Over (5,115) New Contract (3,773) Carry Over New Contract (3,136) (8,441) Revenue Revenue (1,794) (3,027) Order Book/Contract on Hand: 5,115 Order Book/Contract on Hand: 10,529 2016 2017 Performance Update FY 2017 31
Slide 32: Business Strategy & Updates
Business Strategy & Updates Performance Update FY 2017 32
Slide 33: Our Strong Foundation
Our Strong Foundation Our competitive advantages set us apart from our competitors. Integrated •The only construction company in Indonesia capable of undertaking works from deepest foundation and basement to high-rise structures (integrated) Experience •More than 22 years of experience Competitive •
Slide 34: Business Strategy
Business Strategy Put forward safety and Diversification to quality principles as infrastructure and soil- differentiation improvement works factors of the Company Strengthen Establish strategic competences and alliance both with value chain, actively Astra Group network seek for new opportunities a
Slide 35: Building Trust and Partnership
Building Trust and Partnership PT Acset Indonusa Tbk. ACSET Building—Jalan Majapahit no. 26 Petojo Selatan, Jakarta Pusat 10160 Indonesia www.acset.co ACSET is a publicly listed company in the Indonesia Stock Exchange (IDX: ACST). Performance Update FY 2017 35