Pt Puradelta Lestari Tbk · IDX:DMAS
Pt Puradelta Lestari Tbk — 9M 2016 Earnings Presentation
30 slides from Pt Puradelta Lestari Tbk's earnings presentation, October 2016
Slide 1: Management Presentation Jan-Sep 2016 Unaudited Results
PT PURADELTA LESTARI TBK MANAGEMENT PRESENTATION JAN-SEP 2016 UNAUDITED RESULTS OCTOBER 2016 STRICTLY CONFIDENTIAL
Slide 2: Disclaimer
DISCLAIMER THIS PRESENTATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT, IS NOT INTENDED TO BE, AND SHALL NOT BE CONSTRUED AS, AN OFFER, INDUCEMENT, INVITATION, SOLICITATION, COMMITMENT OR ADVERTISEMENT WITH RESPECT TO THE PURCHASE, SUBSCRIPTION OR SALE OF ANY SECURITY AND NO PART OF IT SHALL FORM
Slide 3: Agenda
AGENDA 1 01 COMPANY A OVERVIEW 3 02 STRATEGIES AND UPDATES 17 03 KEY FINANCIAL INFORMATION 24 STRICTLY CONFIDENTIAL PAGE 2
Slide 4: Company Overview
01 COMPANY OVERVIEW STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 3
Slide 5: Leading Integrated Township Developers at East of Jakarta
COMPANY OVERVIEW PT PURADELTA LESTARI TBK Leading Integrated Township Developers at East of Jakarta PT Puradelta Lestari Tbk. (DMAS) is a property developer of KOTA DELTAMAS, an integrated township of industrial, commercial, and residential estate located at Cikarang, around 37 kilometers east of
Slide 6: Key Company Milestones
COMPANY OVERVIEW KEY COMPANY MILESTONES Changed company status to foreign capital investment Commenced Incorporated company Bekasi Regency work on as a local Launched first Government Greenland Sojitz Corporation (previously residential investment Nissho Iwai Corporation) Center official
Slide 7: Shareholding Structure
COMPANY OVERVIEW SHAREHOLDING STRUCTURE Joint Venture Company of Sinarmas Land and Sojitz Corporation Ownership Structure of the Company Combination of Unique Strength of Sinarmas land and Sojitz Corporation AFP Jermina PT Sumber Sojitz International Public Limited Arusmulia Corporation Capital Pte.
Slide 8: Location: Trans Java Toll Road Development
COMPANY OVERVIEW LOCATION TRANS JAVA TOLL ROAD DEVELOPMENT A B C E D F Existing Toll Road Toll Road in Planning A Jakarta, Indonesia’s D Bandung, KOTA DELTAMAS INTEGRATED TOWNSHIP capital West Java JAKARTA-CIKAMPEK TOLL ROAD (A-C) B Bekasi Regency, E Semarang, • Jakarta-Cikampek Toll Road connects J
Slide 9: Kota Deltamas' Strategic Location
COMPANY OVERVIEW LOCATION KOTA DELTAMAS’ STRATEGIC LOCATION Tanjung Priok • Direct Access to Jakarta-Cikampek Toll Road Seaport • Strategically located at the epicenter of the Soekarno Hatta industrial zone along Jakarta-Cikampek Toll Road. Int’l Airport • Access to Airport and Seaport, Jakarta, Wes
Slide 10: Auto Industry Concentration
COMPANY OVERVIEW LOCATION AUTO INDUSTRY CONCENTRATION Tanjung Priok • Automotive manufacturing and assembling plants in Seaport Soekarno Hatta Indonesia are concentrated in East Jakarta- Int’l Airport Cikampek Corridor. • Consequently, all the facilities and supply chain Future Patimban resources fo
Slide 11: Development Area and Land Bank
COMPANY OVERVIEW DEVELOPMENT AREA AND LAND BANK Solid Master Plan with Large Land Bank Area Development Plan Land Bank Update (30 Sep 2016) As of Sep 2016 (Ha) Industrial Commercial Residential Total Total Gross Area 1,440 757 856 3,053 Residential 28% Developed and Sold 1,061 245 154 1,460 Industri
Slide 12: Kota Deltamas Development
COMPANY OVERVIEW KOTA DELTAMAS DEVELOPMENT KOTA DELTAMAS INTEGRATED TOWNSHIP Bekasi City Jakarta Tangerang Commercial Access to other industrial estates Karawang Cikampek Bandung Bekasi Central Java Regency Gov’t Centre Gov’t Centre Residential Industrial * The pictures are illustration of Kota Delt
Slide 13: Industrial Estate
COMPANY OVERVIEW INDUSTRIAL ESTATE One of the Largest Industrial Estate along the Jakarta-Cikampek Toll Road Greenland International Industrial Center (“GIIC”) • ~ 85 industrial tenants • Mostly auto and auto related sectors • Mostly Japanese companies Big Tenants Area Year Status KITIC ~200 Ha 2009
Slide 14: Industrial Estate: Diverse Mix of Customers
COMPANY OVERVIEW INDUSTRIAL ESTATE Attracting a Diverse Mix of Customers across the Various Sectors Auto and Auto Related Logistics Food & Beverage General consumers Logistics services provider Automobile manufacturer Food products manufacturer Stationery producer Logistics services provider Automob
Slide 15: Commercial Estate
COMPANY OVERVIEW COMMERCIAL ESTATE Development of Commercial Area Existing commercial area: Future commercial area: Bekasi Regency Gov’t Centre • Clusters of shophouses • Future Shopping Mall (PT AMSL (restaurants, stores, Deltamas bought 20 Ha land for offices, etc.) AEON Mall development) • Educat
Slide 16: Residential Estate
COMPANY OVERVIEW RESIDENTIAL ESTATE Development of Residential Area • Main Products : Landed house in residential clusters • Target Market : Middle income to high income segment • Selling method : Built to sell - construction of each unit will commence upon down payment • Total Units : ± 2,580 units
Slide 17: Supporting Infrastructure and Utilities
COMPANY OVERVIEW SUPPORTING INFRASTRUCTURE AND UTILITIES Ensuring Sustainability of Kota Deltamas Development INFRASTRUCTURES ENERGY & RESOURCES ESTATE MANAGAMENT WORLD CLASS ESTATE AND TENANT PLANNING & DESIGN RELATIONS TEAM Experienced Estate Lend Lease (Australia) Management and Nippon Koei
Slide 18: What's in Kota Deltamas?
WHAT’S IN KOTA DELTAMAS? EXISTING AND FUTURE DEVELOPMENT Kota Deltamas entrance from the Toll Road (KM 37) Kota Deltamas Planning of Bekasi City Japan Town Gate Entrance Jakarta ITB Future Tangerang Development Proposed Access to other new tollgate industrial estates Greenland Industrial Karawang Cl
Slide 19: Strategies and Updates
02 STRATEGIES AND UPDATES STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 18
Slide 20: Key Business Initiatives
KEY BUSINESS INITIATIVES The Company’s Strategies Development of an integrated township Expansion of land bank area Flexibility to rezone land bank according to strategy and demand Recurring income strategy Development of international standard infrastructure and amenities STRICTLY CONFIDENTIAL PAGE
Slide 21: Operational Updates: New Initiatives and Pipeline Projects
OPERATIONAL UPDATES NEW INITIATIVES AND PIPELINE PROJECTS Building Investment Properties Le Premier Kota Deltamas Rental Factories Project : Serviced Apartment Project : Rental Factories Capacity : 126 units Capacity : 5 units Target : Expatriates / Professionals Target : Business Person Status : Op
Slide 22: Operational Updates: Launching of Greenland Square
OPERATIONAL UPDATES NEW INITIATIVES AND PIPELINE PROJECTS Launching of Greenland Square to boost commercial development Greenland Square A cluster of strategic commercial landplots, located at Kota Deltamas main road, with first phase development of 17 Ha. Greenland Square is located at premium area
Slide 23: Marketing Sales Updates
MARKETING SALES UPDATES Surpassed Marketing Sales Target in August 2016 Marketing Sales Description FY 2016 Marketing Sales Target 50.0 Ha industrial land sales 52.1 Ha industrial land sales YTD Sep 2016 Actual Marketing Sales 0.6 Ha residential land sales 0.6 Ha commercial land sales The Company
Slide 24: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS 6 1 Large land Solid Financial bank with Position further growth potential Leadership and Proven 5 management strategic 2 team with location proven track record Strategic Integrated partnership business Sinarmas Land model + Sojitz 4 3 STRICTLY CONFIDENTIAL PAGE 23
Slide 25: Key Financial Information
03 KEY FINANCIAL INFORMATION STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 24
Slide 26: Key Financial Information
KEY FINANCIAL INFORMATION Revenues (in Rp Bn) Revenues by Segment Revenues by Segment 30 Sep 2015 30 Sep 2016 1,704 1.8% 0.3% 1.7% 0.0% 0.3% 1.7% 1,012 97.9% 96.3% 30 Sep 2015 30 Sep 2016 Industrial Residential Commercial Rental & Hotel Gross Profit (in Rp Bn) Operating Profit (in Rp Bn) Net Profit
Slide 27: Key Financial Information: Revenues by Segment
KEY FINANCIAL INFORMATION Revenues by Segment Industrial Residential Commercial 2,000 65.7% 70.0% 20 80.7% 81.8% 90.0% 60.2% 50 59.7% 60.0% 1,669 18 17 80.0% 60.0% 47.4% 1,500 40 50.0% 16 70.0% 50.0% 31 40.0% 14 60.0% 975 40.0% 30 12 50.0% 1,000 30.0% 10 30.0% 17 40.0% 20 8 20.0% 20.0% 6 5 30.0% 500
Slide 28: Solid Financial Position
KEY FINANCIAL INFORMATION Solid Financial Position • The Company currently does not have any debt / loan. • The Company distributed total cash dividend for fiscal year 2015 of Rp 1.1 trillion, which was distributed in two stages: • interim dividend of Rp 578 billion in November 2015, and • final div
Slide 29: Summary Income Statement and Balance Sheet
KEY FINANCIAL INFORMATION Summary - Income Statement Summary - Balance Sheet Income Statement in Rp Bn Sep 2015 Sep 2016 Balance Sheet in Rp Bn Dec 2015 Sep 2016 Revenues 1,704 1,012 ASSETS Gross Profit 1,116 614 Current Assets 4,495 4,020 Selling Expenses 46 16 Non Current Assets 3,512 3,414 Genera
Slide 30: Thank You
THANK YOU For Further Information: PT Puradelta Lestari Tbk. Marketing Office Kota Deltamas Jl. Tol Jakarta-Cikampek KM 37 Cikarang Pusat – Bekasi 17530, Indonesia Phone : +62 21 8997 1188 Fax : +62 21 8997 2029 Email : finance@deltamas.co.id ricardo@deltamas.co.id Website : www.kota-deltamas.com ST