Pt Japfa Comfeed Indonesia Tbk Class A · IDX:JPFA
Pt Japfa Comfeed Indonesia Tbk Class A — Investor Presentation (2022)
27 slides from Pt Japfa Comfeed Indonesia Tbk Class A's investor presentation, 2022
Slide 1: Investor Presentation FY2022
PT JAPFA COMFEED INDONESIA Tbk INVESTOR PRESENTATION FY2022 Memperkokoh Sinergi Untuk Masa Depan yang Berkelanjutan Strengthening Synergies for a Sustainable Future
Slide 2: Index
Index Company Overview Key Investment Highlights Financial and Operational Highlights
Slide 3: Company Overview
cn , _—, Ggz1NOD & a es Za | : > COMFEED fy ey, JAPFA . S ; , as, OF e. ae ERY CRUMae & >s Zu S oO sf ion (oe)
Slide 4: Vertically Integrated Business Model
Company Overview Core competencies across the value chain POULTRY AQUACULTURE BEEF CATTLE UPSTREAM ANIMAL FEED VERTICALLY INTEGRATED BUSINESS MODEL PRODUCTION UPSTREAM BREEDING MIDSTREAM COMMERCIAL FARMING DOWNSTREAM PROCESSING DOWNSTREAM CONSUMER PRODUCTS 3
Slide 5: Industrialized approach drives operational and financial benefits
Industrialized approach drives operational and financial benefits A Scale B Technology & genetics – 2nd largest feed and DOC producer in Indonesia with – Exclusive relationship with Aviagen (on broilers) for significant scale across the value chain: the sourcing of grandparent stock with superior ge
Slide 6: Japfa: Well positioned for long-term growth
Japfa: Well positioned for long-term growth Poultry leader in Indonesia − Aquaculture is primarily a feed business with some − 2nd largest poultry feed producer in farming overlay Indonesia − Protein diversification − Core business and stable segment of strategy for varying the value chain Trading a
Slide 7: Growing responsibly
Growing responsibly Japfa’s animal protein business in Indonesia showed strong sales growth in the 2010 – 2014 period driven by strong poultry demand, which then stagnated in the 2014 – 2015 period. After the down-cycle, Japfa’s poultry business resumed growth in 2016 New and non-essential Capex
Slide 8: Key Investments Highlights
KEY INVESTMENTS HIGHLIGHTS
Slide 9: Investment highlights
Investment highlights 1 Attractive industry dynamics driven by strong structural growth in protein consumption 2 Leading integrated poultry national champion with nationwide footprint 3 Core feed business offers stable profitability 4 Industrialised Business Model: Leading Market Positions 5 Experie
Slide 10: Attractive industry dynamics driven by strong structural growth in protein consumption
1 Attractive industry dynamics driven by strong structural growth in protein consumption Poultry meat consumption has increased in tandem Poultry Meat Consumption per capita in Asia with GDP in Indonesia (kg per capita – 2022) 9 kg 2017 Malaysia 50.1 8 kg 2016 Consumption / Capita (Kg) 2015 7 kg 201
Slide 11: Well-established market leader in the Indonesian animal protein sector
2 Well-established market leader in the Indonesian 2 animal protein sector Nationwide footprint with presence in all major islands Company’s Operational Areas Significant economies of scale given procurement Logistical feat given that Indonesia is an archipelago; volume of raw materials, especia
Slide 12: Poultry Feed: Stable Base Margin
Poultry Feed: Stable Base Margin 400 16% 350 14% LTM OPM Poultry Feed Covid Impact 12% 300 Price Change3 10% 250 8% 200 6% 150 4% 100 2% 50 0% 1 LTM Poultry Feed OPM (%) SBM Price 2,3 Corn Price 2,3 USD/IDR 3 Poultry Feed OPM has been stable around 10% - 11% as feed has the ability to effectively pa
Slide 13: Segmental Trends: PT Japfa Tbk (Poultry)
Segmental Trends: PT Japfa Tbk (Poultry) Revenue (IDR Billion) Operating Profit (IDR Billion) Operating Profit Margin (%) 68,555 62,126 7,619 3,221 3,598 3,521 6,505 239 48,543 3,233 242 47,123 25.0% 22,424 895 195 5,568 20,361 1,112 5,037 264 1,722 13,902 15,625 6,819 6,895 14.0% 16.3% 13.6% 6,414
Slide 14: Leading Pan-Asian Industrialised Agri-Food Company
3 Leading Pan-Asian Industrialised Agri-Food Company WHAT WE DO WHERE WE ARE WHY WE DO IT We produce quality We employ over 1.7 billion people living protein staples and 38,000 people across in our target markets packaged food that Singapore, Indonesia, More than 20% of the nourish millions of Vietn
Slide 15: Industrialised Business Model: Leading Market Positions
4 Industrialised Business Model: Leading Market Positions Leading upstream regional market positions DOC Production1 Vietnam 14% #2 Poultry Feed Production1 Myanmar 18% #2 DOC Production1 Myanmar 26% #2 2nd largest Indonesian poultry feed and DOC producer2 Poultry feed production capacity market sha
Slide 16: Experienced and tenured management team
5 Experienced and tenured management team Proven track record of guiding the Company through various cycles Board of Commissioners* Ito Sumardi Syamsir Siregar Bambang Budi Hendarto Hendrick Kolonas Djuni Sanyoto President Vice President Commissioner Independent Commissioner Commissioner Commissione
Slide 17: Financial and Operational Highlights
FINANCIAL AND OPERATIONAL HIGHLIGHTS
Slide 18: PT Japfa Tbk – Financial Performance
PT Japfa Tbk – Financial Performance Revenue Operating Profit EBITDA PAT IDR Billion IDR Billion IDR Billion IDR Billion FY 2022 48,972 2,803 3,864 1,491 9.1% y-o-y (13.0)% y-o-y (15.0)% y-o-y (30.0%) y-o-y FY 2021 44,878 3,222 4,544 2,131 Feed margin recovery partially cushioned impact of high-cost
Slide 19: Major Global External Factors
Major Global External Factors Major global factors we faced in 2022: Geopolitical tensions, especially the situation between Russia and Ukraine, have caused disruptions to global economies, supply chains and commodities prices. These have impacted the cost of raw materials and consumer purchasing
Slide 20: Covid-19 Impact
Covid-19 Impact Supply and Operations As Japfa supplies about 20-25% of animal protein foods in many countries where we operate, we play an essential role in supplying staple foods. As such, the impact of Covid-19 on our operations has not been material and we continue to run our farms and feed mill
Slide 21: Japfa Sustainability Journey
Japfa Sustainability Journey Sustainability has been at The standalone sustainability Participated as a road tester in the Social Japfa Tbk received an SLL the core of our operations report was issued to LCA/SLCA Project initiated by the United from BNI valued at IDR 1.42 since the Company’s promine
Slide 22: PT Japfa Tbk Sustainability-Linked Loan
PT Japfa Tbk Sustainability-Linked Loan PT Japfa Tbk took another step on its sustainability journey by securing the first Sustainability-Linked Loan (SLL) within the Japfa Group. The SLL of IDR 1.42 trillion is a 5-year bilateral credit facility for general corporate purposes. We are pleased to
Slide 23: The Asset Triple A Sustainable Capital Markets Country & Regional Awards 2021
The Asset Triple A Sustainable Capital Markets Country & Regional Awards 2021 On Tuesday, 22 March 2022, PT Japfa Comfeed Indonesia Tbk has been honored with the following awards at the The Asset Triple A Sustainable Capital Markets Country & Regional Awards 2021: • Best Issuer for Sustainable Fin
Slide 24: PT Japfa Tbk – Stable rolling operating profit
PT Japfa Tbk – Stable rolling operating profit PT Japfa Tbk is an agri-food business, hence will be subject to cyclicality which directly impacts its revenue and profitability. Cyclicality is dependent on a variety of external factors, which are beyond the Company’s control, including the seasonal
Slide 25: Proven financial track record
Proven financial track record Net Revenues Operating Profit EBITDA Net Profit (IDR Billion) (IDR Billion) (IDR Billion) (IDR Billion) 48,972 44,878 3,222 2,803 4,544 3,864 2,131 1,491 FY 2021 FY 2022 FY 2021 FY 2022 FY 2021 FY 2022 FY 2021 FY 2022 Total Assets Net Debt / Equity (%) CAPEX Total Inter
Slide 26: Capex
Capex (IDR Billion) 1,923 1,940 1,645 FY2020 FY2021 FY2022 25
Slide 27: Thank You
PT JAPFA COMFEED INDONESIA Tbk Thank You IMPORTANT NOTICE: This investor presentation is for information only and should not be relied upon to make any investment or divestment decision with respect to securities of PT Japfa Tbk. Shareholders and potential investors are advised to seek independent a
PT Japfa Comfeed Indonesia — Investor Presentation (2022) on 6ix