Pt Mitra Adiperkasa Tbk · IDX:MAPI
Pt Mitra Adiperkasa Tbk — Q1 2023 Earnings Presentation
18 slides from Pt Mitra Adiperkasa Tbk's earnings presentation, 2023
Slide 1: Unaudited Result 1Q 2023
66g MAP Mitra Adiperkasa UNAUDITED RESULT 1Q 2023
Slide 2: Table of Contents
TABLE OF CONTENTS 1 OVERVIEW OF MAP GROUP 1Q 2023 FINANCIAL 2 HIGHLIGHTS 3 APPENDIX 2
Slide 3: Overview of Group
OVERVIEW OF GROUP 3,149 150+ 110+ Retail Stores* + 27 online stores World Class Brands Retail Concepts + Presence in 3rd party online stores Over 80 25,984 Cities** Employees * Data includes Burger King and Domino’s Pizza 3 ** Excluding regional countries
Slide 4: Department Stores, Specialty Stores, Food & Beverage brands
Department Food & Specialty Stores Others Stores Beverage Active Fashion & Beauty Digital Sports Tabata Energetics Digimap Starbucks Coffee Kinokuniya SOGO Zara Travelogue Sephora Sports Station 2XU Champion Digiplus Subway Samsonite SEIBU Massimo Dutti Max Mara Sulwhasoo Planet Sports.Asia Crocs Ae
Slide 5: MAPI Retail Footprint 1Q 2023
MAPI RETAIL FOOTPRINT 1Q 2023 No. stores Space (sqm) CONSOLIDATED 2,755 978,534 DEPT STORE 58 335,148 SPC. STORE 1,906 436,285 ACTIVE 1,378 285,838 FASHION & BEAUTY 465 143,403 DIGITAL 63 7,044 F&B 743 195,625 OTHERS 48 11,475 Exclude: 175 Burger King & 219 Domino’s Pizza 5
Slide 6: 1Q 2023 Financial Highlights
1Q 2023 FINANCIAL HIGHLIGHTS 6
Slide 7: Financial Highlights
FINANCIAL HIGHLIGHTS *) After PSAK 73/ IFRS 16 (IDR bn, %) 1Q23 1Q22 % GROWTH NET SALES 7,462 5,633 32.5% GROSS PROFIT 3,302 2,414 36.8% 44.3% 42.9% EBIT 664 488 36.0% 8.9% 8.7% EBITDA 1,280 1,026 24.8% 17.2% 18.2% NET PROFIT 496 648 -23.3% 6.7% 11.5% CORE PROFIT NET PROFIT 496 339** 46.7% 6.7% 6.0%
Slide 8: Net Sales & Growth
NET SALES & GROWTH (IDR bn, %) 1Q23 1Q22 1Q21 1Q20 1Q19 % GROWTH YoY 32.5% 30.6% -8.7% 0.6% 8.7% NET SALES 7,462 5,633 4,722 4,693 4,313 1Q23 1Q22 1Q21 1Q20 1Q19 8
Slide 9: Inventory Level
INVENTORY LEVEL (Days, IDR bn, %) 1Q23 1Q23 2022 2022 2021 2021 2020 2020 2019 2019 AGING INVENTORY 21% 25% 43% 38% 23% 152 125 INVENTORY DAYS 109 101 102 1Q23 2022 2021 2020 2019 Our ability to absorb and utilize data has greatly increased year after year, resulting in a significantly faster sellin
Slide 10: Balance Sheet
BALANCE SHEET (IDR bn) ASSETS As of As of As of LIABILITIES & LIABILITIES & EQUITY As ofAs of AsAs ofof As As of 31 MAR '23 31 DEC '22 31 DEC '21 EQUITY 31 MAR 31 Dec22 '23 31 DEC 31 Dec21 '22 31 DEC 31 Dec20'21 CASH & EQUIVALENTS 2,906 3,851 2,778 BANK LOAN 1,098 601 1,142 ACCOUNT RECEIVABLES 528 6
Slide 11: Sales by region
Overseas, 10% Others, 2% Sulawesi, 2% Sumatera, 6% Bali, 5% Jawa, 18% Jakarta, 57% 13
Slide 12: Digital Retail Stores
DIGITAL RETAIL STORES ACTIVE FASHION DIGITAL • Planet Sports.Asia • Zara ID • Digimap • Sports Station • Zara VN • Foot Locker ID • Massimo Dutti ID • Foot Locker PH • Massimo Dutti VN OTHERS • Converse • Pull and Bear • Crocs • Kinokuniya • Stradivarius • Skechers • Bershka • Reebok • Zara Home WHA
Slide 13: Digital Performance
DIGITAL PERFORMANCE (IDR bn, %) 3rd Party 1Q23 1Q22 2022 2021 2020 2019 Marketplace 36% CONTRIBUTION 8.1% 10.3% 9.0% 13.0% 10.9% 1.6% 2,419 2,388 Own Sites 1,612 64% 604 580 348 Digimap 13% 1Q23 1Q22 2022 2021 2020 2019 Foodhall 2% F&B 13% 1Q23 Sales Contribution 8.1% Active 41% Dept Store 10% Fashi
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Slide 15: Specialty Store
SPECIALTY STORE *) After PSAK 73/ IFRS 16 In IDR BN 1Q 23 1Q 22 FY 22 FY 21 Net Revenue 5,786 4,319 20,665 13,645 % Growth 34.0% 33.9% 51.5% 27.5% EBIT *) 504 386 2,490 1,035 % Ebit Margin 8.7% 8.9% 12.0% 7.6% FASHION & BEAUTY ACTIVE DIGITAL ZARA 16 Outlets SPORTS STATION 343 Outlets DIGIMAP 55 Outl
Slide 16: Food & Beverage
FOOD & BEVERAGE *) After PSAK 73/ IFRS 16 In IDR BN 1Q 23 1Q 22 FY 22 FY 21 FOOD & BEVERAGE STARBUCKS COFFEE 553 Outlets Net Revenue 957 710 3,437 2,431 SUBWAY 64 Outlets PIZZA MARZANO 22 Outlets % Growth 34.8% 28.6% 41.3% 18.9% COLD STONE 18 Outlets EBIT *) 31 53 215 18 KRISPY KREME 36 Outlets GODI
Slide 17: Department Store
DEPARTMENT STORE *) After PSAK 73/ IFRS 16 In IDR BN 1Q 23 1Q 22 FY 22 FY 21 Net Revenue 540 454 2,109 1,853 % Growth 18.8% 9.5% 13.8% 4.5% EBIT *) 111 36 308 131 % Ebit Margin 20.6% 7.9% 14.6% 7.1% DEPARTMENT STORE SOGO 18 Outlets SEIBU 2 Outlets GALERIES LAFAYETTE 1 Outlets THE FOODHAL 37 Outlets
Slide 18: Thank You
THANK YOU INVESTOR RELATIONS CONTACT DETAILS: " This presentation material contains the latest financial information, business strategies and the prospective financial information Ratih Darmawan Gianda of the Company. The business strategies are subject to changes due to uncertainties that could aff