PT Japfa Comfeed Indonesia Tbk Class A · IDX:JPFA
PT Japfa Comfeed Indonesia Tbk Class A — Q1 2016 Earnings Presentation
26 slides from PT Japfa Comfeed Indonesia Tbk Class A's earnings presentation, 2016
Slide 1: Investor Presentation 1Q2016
Investor Presentation 1Q2016
Slide 2: Agenda
Agenda Company Overview Key Investment Highlights Financial Highlights Appendix 2
Slide 3: Company Overview
y : Company Overview
Slide 4: Introduction to PT Japfa Tbk
Introduction to PT Japfa Tbk Established ▪ One of the largest poultry players in Indonesia with FY15 net sales of around Rp25.0 trillion and vertically EBITDA of Rp2.3 trillion. integrated agriculture ▪ Strategically involved in aquaculture and beef offering diversification of revenues business with
Slide 5: Core Competencies Across The Value Chain
Core Competencies Across The Value Chain 6
Slide 6: Poultry Contributes Bulk of Revenue and is our Core Business Focus
Poultry Contributes Bulk of Revenue and is our Core Business Focus 1Q16 Sales Contribution Per Segment FY15 Sales Contribution Per Segment Poultry: Poultry: 86% of 85% of total total Total 1Q16 Revenue : Rp. 6.4 Trillion Total FY15 Revenue : Rp. 25.0 Trillion Diversified business with a clear focus
Slide 7: Key Investment Highlights
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Slide 8: Investment Highlights
Investment Highlights 1 Established market leader in poultry 2 Synergy and efficiency achieved through vertically integrated large scale businesses 3 Quality operations supported by state-of-the-art bio security measures 4 Experienced and professional leadership team 5 8
Slide 9: Established Market Leader in Poultry
1 Established Market Leader in Poultry Indonesia animal feed production capacity share (1) Indonesia DOC production capacity share Source: Company Annual Reports, Frost & Sullivan (May 2014) Note: (1) Market share calculation in the above table excludes aqua feed ▪ Stable and attractive industry dyn
Slide 10: Synergy and efficiency achieved through vertically integrated large scale business
2 Synergy and efficiency achieved through vertically integrated large scale business ✓ Ability to control feed formulation to suit ✓ Exclusive rights to superior strain of DOC type of breed which Japfa produces which is suited to Indonesian climate and ✓ Ability to control timing of delivery and con
Slide 11: Synergy and efficiency achieved through vertically integrated large scale business
2 Synergy and efficiency achieved through vertically integrated large scale business Corn prices (US$/Bushel) Soybean meal prices (US$/ST) ~70% sourced US$ linked 100% imported US$ denominated domestically IDR/US$ exchange rate PT Japfa Tbk is able to effectively pass on increases in raw material pr
Slide 12: Quality Operations Supported by State-Of-The-Art Bio Security Measures
3 Quality Operations Supported by State-Of-The-Art Bio Security Measures A Minimize exposure from the elements Full body Spray and Monorail Conveyor system ▪ Remote location immersion fumigation ▪ Geographical spread B Optimizing flock resistance from diseases ▪ Sophisticated animal husbandry practi
Slide 13: Experienced and professional leadership team
4 Experienced and professional leadership team Board of Commissioners Syamsir Siregar Hendrick Kolonas Retno Astuti Wibisono Ignatius Herry Wibowo President Vice President Independent Independent Commissioner Commissioner Commissioner Commissioner Year of agri Year of agri Year of agri Year of agri
Slide 14: Financial Highlights
Financial Highlights
Slide 15: Performance Overview
Performance Overview (In Mln. Rp.) 1Q 2016 1Q 2015 % change PT Japfa Tbk Revenue 6,434,460 5,938,612 +8.3% ▲ Operating profit 395,387 110,698 +257.2% ▲ Operating profit margin 6.1% 1.9% +4.2ppt ▲ EBITDA 537,496 243,536 +120.7% ▲ EBITDA margin 8.4% 4.1% +4.3ppt ▲ PAT 306,851 -214,879 +242.8% ▲ PAT ma
Slide 16: Financial Performance
Financial Performance Revenue Operating Profit EBITDA PAT (In Mln Rp.) (In Mln Rp.) (In Mln Rp.) (In Mln Rp.) Profitability has improved across the board in 1Q 2016, with a turnaround in the Indonesia poultry business in 2H 2015 Revenue increased slightly by 8.3%, because the selling prices of fee
Slide 17: Poultry: 3-Year Segmental Trends
Poultry: 3-Year Segmental Trends Revenue Operating Profit PT Japfa Tbk is one of the (In Rp. Billion) (In Rp. Billion) core pillars of the Group’s business Revenue trend was mainly impacted by the weakening of Rupiah and lower volumes Profitability in the past two years was affected by the issue
Slide 18: PT Japfa Tbk – USD Debt Exposure
PT Japfa Tbk – USD Debt Exposure As at 31 March 2016 PT Japfa Tbk USD millions IDR book Loans in USD 227 Loans in Local Currency (US$ equivalent) 316 Total Loans 543 % USD Loans to Total Loans 42% As at 31 March 2016 PT Japfa Tbk USD millions USD Debt (gross) 227 USD Bond Buybacks (face value) (26)
Slide 19: Capex FY2014 - 1Q2016
Capex FY2014 - 1Q2016 (In IDR billion) 19
Slide 20: Operational Performance
Operational Performance Animal Feed – Poultry: Sales Volume (‘000 tons) DOC – Broiler: Sales Volume (mil birds) Commercial Farm- Live Birds : Sales Volume (‘000 tons) 20
Slide 21: Operational Performance
Operational Performance Beef – Live Cattle: Sales Volume (‘000 tons) Aquaculture – Aqua-feed: Sales Volume (‘000 tons) 21
Slide 22: Proven financial track record
Proven financial track record Total Assets Net Debt / Equity (In IDR billion) CAPEX (In IDR billion) Note: Based on Company’s 1Q2016 Financial Results 22
Slide 23: Proven Financial Track Record
Proven Financial Track Record Net Revenues Operating Profit (In IDR billion) (In IDR billion) EBITDA Net Profit (In IDR billion) (In IDR billion) Note: Based on Company’s 1Q2016 Financial Results 23
Slide 24: Appendix
Appendix
Slide 25: Pan-national distribution platform
Pan-national distribution platform Deep national coverage with strong local knowledge 25 Note: Japfa has 65 breeding farms and not all the farms are reflected on the map.
Slide 26: Disclaimer
Disclaimer These materials have been prepared by PT Japfa Comfeed Indonesia Tbk (the “Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information present
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