Pt Waskita Beton Precast Tbk · IDX:WSBP
Pt Waskita Beton Precast Tbk — Investor Presentation (September 2021)
22 slides from Pt Waskita Beton Precast Tbk's investor presentation, September 2021
Slide 1: PT Waskita Beton Precast Tbk Company Presentation
Company Presentation PT Waskita Beton Precast Tbk September 2021
Slide 2: Table of Contents
Table of Contents 1 Company Overview 2 Performance Overview 3 Waskita Precast Recovery Streams 2
Slide 3: 1. Company Overview
1. Company Overview Proyek Tol Batang-Semarang
Slide 4: Milestone
Milestone 2014 2020 Establishment of 2017 Operated 9 plants PT Waskita Beton Buyback 7% with the total Precast as shares in June precast production subsidiary on - December capacity of October 7, 2014. 2017 3,700,000 tons/year 2013 2016 2019 PT Waskita Karya Listed and Initial Operated 73 (Persero)
Slide 5: Company Group & Shareholders Structure
Company Group & Shareholders Structure PT Waskita Karya (Persero) Tbk 59,99% 81,48% 99,99% 99,99% PT Waskita Beton Precast Tbk PT Waskita Toll Road PT Waskita Karya Realty PT Waskita Karya Infrastruktur 0.00005% 7.00000% Waskita Cooperative Treasury Stock Individual 22.8% Institution: Foreign 2.7% I
Slide 6: Management Background
Management Background Moch. Cholis Prihanto Mohamad Nur Sodiq President Director Director of Finance & Risk Waskita Management Precast • Appointed as management President Director • Appointed as Director has an average since 2020 since 2020 26 years of • 28 years of • 26 years of experience experien
Slide 7: Business Line
Business Line Precast Readymix Modular Construction • Precast is pre-manufactured concrete • Readymix is a ready to use concrete, • Supplementary services to install that is used as construction material. without further process in site. company’s concrete products • Several products made by Waskita
Slide 8: Plant Location
Plant Location Plant Sumatera Gasing (725,000 tons) 9 Central Java Klaten (225,000 tons) Plant Banten Capacity Bojonegara (475,000 tons) 3.7million West Java tons/years Subang (350,000 tons) East Java Cibitung (325,000 tons) Karawang (525,000 tons) Prambon (425,000 tons) Kalijati (250,000 tons) Sada
Slide 9: Ongoing Project
Ongoing Project Jakarta Cikampek Bekasi – Cawang Selatan Elevated Kampung Melayu Toll Road Section 2B Toll Road Kayu Agung – Cibitung – Cilincing Palembang – Toll Road Betung Toll Road 9
Slide 10: 2. Performance Overview
2. Performance Overview Proyek Flyover Adam Malik
Slide 11: New Contract Performance
New Contract Performance New Contracts Contract Value Top 5 Projects 9M21 (Rp billion) Rp 7.03 T External 37% 1. Binjai – Pangkalan Brandan Toll Road 90.3 2. Construction Project of Pump house 50.7 63% Rp 1.87 T 3. RDMP RU V Balikpapan Project - PKG 3 17.7 Rp 1.11 T 46% 54% 69% 31% Internal 2019A 20
Slide 12: Operational Performance
Operational Performance 16.38 (in trillion Rp) 7.47 New Contract 7.03 5.59 4.90 Orderbook 1.87 2.21 Revenue 0.81 0.88 0.74 Net (Loss) Profit 2019A 2020A 9M21 (0.28) (4.76) 12
Slide 13: Financial Performance
Financial Performance 16.15 (in trillion Rp) 10.56 10.06 Total Assets 9.40 9.19 8.02 8.14 Total Liabilities 6.08 5.66 5.45 Total Equity Interest Bearing Debt 1.16 0.88 2019A 2020A 9M21 13
Slide 14: Financial Ratio
Financial Ratio Current Ratio Debt to Service Coverage Ratio 1.62 5.04 0.26 0.67 2019A 2020A 9M21 0.61 (7.49) 2019A 2020A 9M21 Debt to Equity Ratio 6.21 4.89 0.75 2019A 2020A 9M21 On February 25, 2021, WSBP obtained a waiver agreement for the fulfillment of financial ratios through the General Meeti
Slide 15: 3. Waskita Precast Recovery Streams
3. Waskita Precast Recovery Streams Proyek Tol Bogor – Ciawi - Sukabumi 15
Slide 16: Waskita Precast Recovery Streams
Waskita Precast Recovery Streams Business Transformation Financial Debt Restructuring GCG & Risk Management 16
Slide 17: Business Transformation
Business Transformation Portfolio & Innovation Lean + Digital Liquidity Management 1 Bidding Booster to increase 4 Procurement booster to reduce 7 CashLab (working capital savings) revenue from external material costs and service contracts by recovering receivables and customers/sectors such as HK,
Slide 18: Business Transformation: Precast
Business Transformation: Precast Plant Integration Human Tools and Raw Materials Spareparts Resources Molds Plant Sadang Plant Subang Efficiency of Efficiency of Better management Resource stock and Plant Kalijati bargaining Plant Gasing / human Sharing maintenance position Plant Karawang resources
Slide 19: Business Transformation: Asset Divestment
Business Transformation: Asset Divestment a) Plant: Klaten, Cibitung, Karawang & Gasing b) Divestment Value: ± IDR 1.5 trillion Asset Divestment c) Scheme: Cash in & Debt to Asset Conversion d) Target: 1Q 2022 Open Tender: Progress a) Ongoing Tender: Klaten, Cibitung, Karawang b) Preparation: Gasing
Slide 20: Financial Debt Restructuring Scheme
Financial Debt Restructuring Scheme Financial Debt Restructuring Bank Loans (± IDR 3.9 trillion) Loans Vendor Past Due (± IDR 3.1 trillion) Bonds (± IDR 2.0 trillion) a) Change loan maturity to 2026 (Tranche A) and 2033 (Tranche B) Proposal b) Lower interest rate: Bank 5% and Vendor 2% a) Current As
Slide 21: GCG & Risk Management
GCG & Risk Management To ensure the planned business transformation and financial projections can be achieved through: 1. Implementation of 4. IT & Supply Chain GCG Optimization 2. Risk Management 5. Implementation of 3. Determination of the Committee and project-based Funding Minimum Eligibility 21
Slide 22: Thank You
THANK YOU Address: Gedung Teraskita Jakarta, 3 & 3A Floor Jl. MT. Haryono Kav. No. 10A Cawang, Jakarta 13340 Phone: (+6221) 22892999 Website: www.waskitaprecast.co.id Email: ir@waskitaprecast.co.id Disclaimer: This material is for information only, and we are not soliciting any action based upon it.
PT Waskita Beton Precast — Investor Presentation (September 2021) on 6ix