Pt Summarecon Agung Tbk · IDX:SMRA
Pt Summarecon Agung Tbk — Investor Presentation (June 2024)
29 slides from Pt Summarecon Agung Tbk's investor presentation, June 2024
Slide 1: PT Summarecon Agung Tbk Company Presentation June 2024
tole PT SUMMARECON AGUNG Tbk A Company Presentation June 2024 a Content A. Company Profile F. Financials + Corporate Information, Shareholders + Consolidated + Management Team + Revenues by Business Segment Principal Business Activities + EBITDA by Business Segment + Project Locations + EBIT by Busi
Slide 2: Corporate Information
summarecon Wondertul ite - Wonderful World A. Company Profile CORPORATE INFORMATION CORPORATE INFORMATION Incorporated 26/Nov/1975 Listing Date 7/May/1990 Ticker SMRA:IJ Share Value (Nominal) Total Shares Issued Share Price @ 31/May/2024 H Rp 100 /Share 16,508,568,358 Rp 510 /Share Net Book Value @
Slide 3: Management Team and Principal Business Activities
MANAGEMENT TEAM (Boards of Commissioners & Directors) Seated (L-R) : Nanik Widjaja (D-Corporate Services), Ir. Adrianto Pitoyo Adi (President Director), Liliawati Rahardjo (Managing Director), Soetjipto Nagaria (Ir.) (President Commissioner), Ge Lilies Yamin (C-Independent), Lydia Tjio (D-Finance),
Slide 4: Project Locations (Townships)
PROJECT LOCATIONS (TOWNSHIPS) All projects are in high density locations with upper-strata economic wealth Metropolitan Jakarta (JABODETABEK) Timor Location / (Population Ranking based on 2020 Census of 100 cities) 1. Kelapa Gading, North Jakarta 2. Serpong, South Tangerang, Banten (14* largest) 3.
Slide 5: Marketing Sales by Location & by Product Type
summarecon Wondertul ite - Wonderful World B. Property Development Property Development : Marketing Sales by Location & by Product Type Marketing Sales by Location 6,000 - ee — = YoY -20% 59% -6% -9% 2019A =2020A 2021A_—2022A—2023a, Marketing Sales by Product Type 6,000 _ - = 2019A 2020A 2021A2022k-
Slide 6: Product Price Range & Customer Payment Profile
Property Development : Product Price Range & Customer Payment Profile Marketing Sales by Product Price Range PRODUCT PRICE RANGE Actual | Actual | Actual Actual Actual Rp’ Rp'bn Rp’ Rp'bn——Rp'bi Rp'bn 1, 1, 6,000 n §000: Rp 2 - 5bn 656 1,329 2,902 3,004 3,241 949) 4,000 3 3,000 2 2,000 1,000 o+ < Rp
Slide 7: Summarecon Kelapa Gading
Property Development : Summarecon Kelapa Gading (in Greater Jakarta) O D O A OME ONGO PRO ° oe p Date Da ota old Ba Total Sold Bal ous Rp'bn Rp'bn Rp'bn Rp'mn Kensington Royal Suites [A-C] Apartment Sep-14 Sep-18 1,470 (1,405) 65 453 (433) 20) 3,245 96% Kensington Royal Suites [D] Apartment Apr-15 A
Slide 8: Summarecon Serpong
Property Development : Summarecon Serpong (in Greater Jakarta) PRO DEVELOP OME ONGO o . _ pe Date Date ota old Total___ Sold Bal alue Rp'bn Rp'bn Rp'bn Rp'mn The Springs Flamingo [Ext] House Aug-17 Aug-19 790 (790) 0 256 (256) 0 3,086 100% Rainbow Springs Apartment Aug-19 Feb-22 1,229 (1,221) 8 740
Slide 9: Summarecon Bekasi
Property Development : Summarecon Bekasi (in Greater Jakarta) O D oP A OME ONGO PRO S aia p Date Date ota old Ba Total Sold Bal : Rp'bn Rp'bn Rp'bn Rp'mn SpringLake [D] Apartment Jul-14 Jul-18 381 (381) o 778 (777) 1 490 100% SpringLake View [E] Apartment Aug-15 Aug-19 388 (346) 42 856 (764) 92 453
Slide 10: Summarecon Bandung
Property Development : Summarecon Bandung (in West Java) — PROJECT DEVELOPMENT VALUE (SOME ONGOING PROJECTS) Project | Product Name ee atin | @aaaeien) =a Ng — Pl we Rp'bn Rp'bn Rp'bn Rp'mn Emily House Nov-19 May-22 632 (632) t) 142 (142) tC) 4,451 100% Flora House Sep-20 Mar-23 748 (746) 2 410 (409
Slide 11: Summarecon Bogor
Property Development : Summarecon Bogor (in Greater Jakarta) PROJECT DEVELOPMENT VALUE (SOME ONGOING PROJECTS) of Units Project | Product Name Sold Rp'bn Rp'bn Rp'bn Rp'mn Mahogany House Oct-20 Apr-23 566 (566) 0) 321 (321) 0 1,763 100% Mahogany Island Landplot Oct-20 Apr-23 120 (120) o 79 (79) 0 1,
Slide 12: Investment Property: Shopping Malls
summarecon Wondertul ite « Wonderful World C. Investment Property D. Hospitality Business E. Leisure, Education & Others ¢ INVESTMENT PROPERTY : Shopping Malls At present, Summarecon owns and operates 5 shopping malls with total GFA of more than 500,000 m2, generating significant recurring revenues
Slide 13: Investment Property: Shopping Malls
INVESTMENT PROPERTY : Shopping Malls SHOPPING MALL | Average Rent | Service Charge | o of M No. of Visitor Traffi RETAIL CENTER m2 / Month m2/ Month | Revenues | Tenants Pax / Year Summarecon Mall Kelapa Gading 213,000 m? 138,000 m? 96% Rp 324,000 Rp 146,000 50% ~ 600+ Fy-2023* 28.0 Mn FY-2022* 21,0
Slide 14: Leisure, Education & Others
¢ LEISURE, EDUCATION & OTHERS } Education The leisure and education business u provide important complementary fac to support each township, while simultaneously generating recurring income. In 2023, the operations were already back to q Normal. breed Klub Kelapa Gading Pradita University The contri
Slide 15: Financials: Consolidated
FINANCIALS : Consolidated CONSOLIDATED INCOME STATEMENTS FINANCIAL YEAR ENDED: Dec/2019 | Dec/2020 | Dec/2021 | Dec/2022 | Dec/2023 Last 2 Yrs Variance Mar/2023 Mar/2024 REVENUE 5,942 5,030 5,568 5,719 _—6,659 16% 1,499 2,134 42% GROSS PROFIT 3,047 2,502 2,801 3,199 3,560 11% 824 1,162 41% OVERHEADS
Slide 16: EBITDA and EBIT by Business Segment
Financials : EBITDA Business Segment CIAL YEAR ENDE! Last 2 Yrs EBITDA 1,867 1,552 1,822 1,967 2,175 11% 536 800 49% Property Development (PDV) 885 1,267 1,446 1,124 1,197 6% 289 549 90% Investment Property (IVP) 865 341 410 827 917 11% 241 246 2% Leisure & Hospitality (L&H) 78 712 12 81 142 75% 20
Slide 17: Income Statement Property Development Business
Financials : Income Statement Property Development Business INCOME RV BUSINESS |S RGHENT INANGIAISVEARIENDED! taster Rp" p'bn Rp'br Rp'bn Rp'bn RP Rp'bn REVENUE 3,617 3,670 4,148 3,529 4,045 15% 911 1,442 58% , Houses 2,228 1,991 2,723 1,750 3,069 75% 722 1,112 54% Improved profitablity Shops 681 62
Slide 18: Property Development Business by Location
Financials : Property Development Business (By Location) GECGRARHIC LOCATION Dec/2021 Variance Vai Rp’on Ro’bn Re Rp'bn Rp'br Rp'bn R REVENUES 3,617 3,670 4,148 3,529 4,045 15% 911 1,442 58% SKLG Kelapa Gading 751 680 247 202 49-76% i0 31 204% SSPG Serpong 4313-1463 —-2,243 «1589 «1,246 = -22% 435 4
Slide 19: Income Statement Investment Property Business
Financials : Income Statement Investment Property Business INCOME BY BUSINESS SEGMENT FINANCIAL YEAR ENDE! Last2Yrs J -PERIODENDED: | Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 1,599 894 918 1,481 1,738 17% 395 480 21% Mall & Retail properties 1,521 817 835 1,384 1,630 18% 369 450 22% Office
Slide 20: Income Statement Leisure & Hospitality Business
Financials : Income Statement Leisure & a rT Business LEISURE & HOSPITALITY Dec/2019 | Dec/2020 | Dec/2021 | Dec/2022 | Dec/2023 | Variance aaa Mar/2024 Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 423 153 183 346 480 39% 102 104 2% Leisure 75 27 35 52 64 24% 14 15 5% Hospitality (Hotels) 348 1
Slide 21: Balance Sheet Summary
Financials : Balance Sheet Summary SUMMARY CONSOLIDATED BALANCE SHEETS Dec/2019 | Dec/2020 | Dec/2021 | Dec/2022 Rp'bn FINANCIAL YEAR EI Rp'bn Rp'bn Rp'bn ast 2 Yrs Dec/2023 | Variance Rp'bn | _PERIODENDED: _—| Mar/2023 | Mar/2024 | Variance Rp'bn Rp'bn Cash & Cash Equivalents 1,664 1,656 2,774 3,14
Slide 22: Non-land Capital Investments
Non-land Capital Investments NON-LAND Indicative CAPITAL INVESTMENTS FY-2024 | FY-2024 | FY-2026 Rp'bn Rp'bn Rp’bn Rp'bn Summarecon Mall Bandung 1Q 2024 700 70 Gafoy 4Q 2023 80 30 Summarecon Mall Bekasi [Phase 2] 1Q 2025 1,200 600 540 Summarecon Mall Makassar 4Q 2026 330 50 150 130 2.310 750 690 130
Slide 23: Our Business Model
¢ Our Business Model Build Integrated Townships with both residential and commercial complexes, and associated infrastructure like roads, water treatment plants for potable water supply, drainage and sewage facilities, energy distribution, education institutions, hospitals, retail centers, places of
Slide 24: Outlook for the Year and Moving Forward
§ Outlook for the Year 4 8 Aa According to the Government Indonesia’s Economy is predicted to reach 5.3%, higher than that of 5.03% in 2023, supported by Household Consumption and Domestic Investment. On 14 February 2024 Indonesia has have its presidential election and also legislative election. Pro
Slide 25: To Contact Us / Disclaimer
TO CONTACT US ......cesescceseeseeeee Investor Relations Jemmy Kusnadi Corporate Secretary / Head of Investor Relations jemmy@summarecon.com Michael Yong Finance Advisor michaelyong@summarecon.com PT Summarecon Agung Tbk Plaza Summarecon, JI. Perintis Kemerdekaan No. 42 Jakarta 13210, Indonesia Tel
Slide 26: Pernyataan Sanggahan
¢ Pernyataan Sanggahan Presentasi ini disiapkan oleh PT Summarecon Agung Tbk (“Perusahaan”) untuk tujuan informasi saja dan tidak boleh dianggap sebagai penawaran atau ajakan untuk membeli atau memiliki berbagai jenis surat berharga Perusahaan. Dokumen yang telah disiapkan dan disediakan ini bersifa
Slide 27: A Typical Residential Product (sample)
¢ A Typical Residential Product (sample) [ ‘A. Bursa Mobil Summaracon Serpong B Area Komarsial & Bisnis C. Universitas Multimedia Nusantara D. Scientia Square Summarecon Digital Center Scientia Residences Scientia Square Park = Garden Wak ientia F sat x garden 5 om H. Cluster Pascal Scientia Garden,
Slide 28: Marketing Brochure (sample)
Marketing Brochure (sample) § Land : 66m2 Building GFA : 62 —68 m2 Price : ~Rp 1.1 bn each Land : 77m2 Building GFA : 73 — 78 m2 Price : ~Rp 1.4bn each 55 Marketing Brochure (sample) § Laat ta | soe Began teat | ame Land / Building Size : 66 m2 /62 m2 eas ay | G4 tesa arm | oat Land / Building Size
Slide 29: End of Presentation
End of Presentation 57
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