Pt Acset Indonusa Tbk · IDX:ACST
Pt Acset Indonusa Tbk — Q3 2020 Earnings Presentation
34 slides from Pt Acset Indonusa Tbk's earnings presentation, 2020
Slide 1: PT Acset Indonusa Tbk Performance Update Q3'2020
PT Acset Indonusa Tbk Performance Update Q3’2020
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by PT Acset Indonusa Tbk (ACSET) and is general background information about ACSET activities current as at the date of this presentation and are subject to change without prior notice. This information is given in summary form and does
Slide 3: Contents
Contents Company Profile Business Profile & Operations Business Strategy Financial Highlights & Updates 3
Slide 4: Company Profile
4 Company Profile
Slide 5: Overview
Overview Indonesia’s Leading Integrated Construction Company PT Acset Indonusa Tbk (“ACSET”) is an integrated construction company, providing technical and construction services in foundation, building, civil engineering, infrastructure and ground engineering specialist works. ACSET is one of the fe
Slide 6: Major Milestones
Major Milestones 1995 2001 Develop first competence in structure works in Surabaya 2012 Develop competence: * Initial Public Offering {listed Company in Indonesia “Develop competences in, civil works for silo (the largest: Silo Gresik Tuban Iv) 2018 2019 Develop competences in power plant civil work
Slide 7: Part of Indonesia's Largest Business Group
Part of Indonesia’s Largest Business Group Manufacture & Distribution, (Market Share 52% for cars and 76% for motorcycles) Construction Machinery Market Leader Banking, general and life insurance, (30% market shares) leasing company Mining Contracting coal production 131mil ton CPO producer, 2.3mil
Slide 8: Shareholding Structure
Shareholding Structure 100.0% Acset Indonusa Co., Ltd. (Vietnam), Est. 2008 General Contractor Services 100.0% 99.9% Innotech Systems, Est. 2011 Formwork Services Karya Supra Perkasa Mechanical, Electrical & 60.0% Bintai Kindenko Engineering Indonesia, Est. 2012 Plumbing (MEP) Contractor 96.5% Contr
Slide 9: On Going Project - 1
On Going Project - 1 Terrace Diamond Tower Project, Jakarta Thamrin Nine, Jakarta MTH 27 Office Suites Cawang, Jakarta Avania , Jakarta Stasiun LRT-HSR Halim, Jakarta Indonesia 1 Tower JO - Arumaya Residence, Jakarta Foundation The Stature Kebon Construction Sirih, Jakarta Infrastructure 9
Slide 10: On Going Project - 2
On Going Project - 2 PLTU SOMA Karimun (2x31 MW Gross) Indonesia Cirebon II Run Off Pond PLTU Coal-Fired Power Batang Jawa 1, Civil Work Plant Cibatu Cilamaya Access Toll Road of Kertajati West Java International Airport Fly Ash Silo PLTU, Batang Foundation Construction Infrastructure 10
Slide 11: Management
Management ACSET is managed by a dedicated professional, experienced team. BOARD OF COMMISSIONERS BOARD OF DIRECTORS FRANS KESUMA IDOT SUPRIADI President Commissioner President Director IWAN HADIANTORO HILARIUS ARWANDHI Commissioner Director TAN TIAM SENG RONNIE ELLYJAWATI Commissioner Director TJAN
Slide 12: Organizational Structure
Organizational Structure Board of Commissioners Audit Committee Corporate Secretary Nomination & Board of Directors Remuneration Committee Corporate Legal Internal Audit Corporate Planning & Strategy Director Director Director Director Director Business Finance & Control Human Capital Building Plant
Slide 13: Business Profile & Operations
13 Business Profile & Operations
Slide 14: Areas of Expertise
Areas of Expertise Demolition Foundation General Infrastructure Marine Works Works Works Building Works Works M A •Geotechnical I Works Controlled- Civil engineering N •Bored Pilling & High rise and demolition with related works •Underwater Diaphragm Wall complex E minimal impact that include but fo
Slide 15: Demolition Works
Demolition Works CIMB Niaga & Sequis Office Building, Jakarta 15
Slide 16: Bored Piling & Diaphragm Wall
Bored Piling & Diaphragm Wall Thamrin Nine Project Indonesia 1 Project 16
Slide 17: General Building Works
General Building Works Residence 8 Project Centennial Tower Project 17
Slide 18: Infrastructure Works
Infrastructure Works Construction of Additional Transaction Line, Balaraja Construction of Toll Gate, Cilegon Barat Timur Construction off Toll Gate and Building Construction off Toll Gate and Building Kertosono – Mojokerto Toll Road Kertosono – Mojokerto Toll Road 18
Slide 19: Infrastructure Works
Infrastructure Works LRT Jakarta, Cawang – Dukuh Atas Section Jakarta – Cikampek Elevated Toll – Road, 36.4 KM Length 19
Slide 20: Marine Works
Marine Works Approach Bridge Suramadu (Drilling for Bore Pile and Approach Bridge Suramadu (Drilling for Bore Pile and Concreting with Tremie) Concreting with Tremie) Approach Bridge Suramadu (Drilling for Borep Pile and Concreting with Tremie) 20
Slide 21: Soil Improvement Works
Soil Improvement Works ACSET Sea 1 (Cement Deep Mixing Barge) 21
Slide 22: Slipforming & Formwork System
Slipforming & Formwork System Silo of PT Semen Indonesia Tuban IV Silo of Bosowa Mataram 22
Slide 23: Project Portfolio: Foundation Projects
Project Portfolio: Foundation Projects 1. Indonesia 1, Jakarta 25. Pelayanan Kesehatan 2. Millenium Centennial Tower, Penerbangan Jakarta 26. Terminal Peti Kemas 18 3. Taman Anggrek Residences, 27. Wiperti – Contiguous 36 Jakarta 28. Tol Parigi Serpong (Kunser) 4. SBCD Lot 10, Jakarta 29. Puri Mansi
Slide 24: Project Portfolio: Structural Projects
Project Portfolio: Structural Projects 1. Indonesia 1, Jakarta 16. Supermall PTC Pakuwon 2. Millenium Centennial Indah, Surabaya 17 Tower, Jakarta 17. Sun Plaza, Medan 3. Thamrin Nine, Jakarta 18. Tunjungan Plaza IV, 4. District 8 Mixed-Use and Surabaya 14 15 Langham Tower 19. Artotel Sanur, Bali 18
Slide 25: Project Portfolio: Civil & Infrastructure
Project Portfolio: Civil & Infrastructure 1. Tanjung Priok Access Road (phase II), Jakarta Kertosono-Mojokerto toll road, East Java 2. Blending silo of PT Semen Gresik Rembang, Central Java 14. Construction work for additional rows of Manyaran- 3. Silo, Packer, and Pen Building of PT Semen Indonesia
Slide 26: Project Portfolio: Demolition Projects
Project Portfolio: Demolition Projects 1. CIMB Niaga & Sequis Office Building, Jakarta 1 2. International Financial Center Tower II Car Park, 2 Jakarta 26
Slide 27: Project Portfolio: MEP Projects
Project Portfolio: MEP Projects 4 3 1. Mixed–Use Development Indonesia 1, Jakarta 2. Jakarta MRT Project – 4 stations (Bundaran Senayan, Istora Senayan, Bendungan Hilir and 1 Setiabudi) 2 3. Hotel Harris & Yello, Jakarta 4. Bintan Residence 27
Slide 28: Financial Highlights
28 Financial Highlights
Slide 29: Annual Revenue by Sector, 2016 – 1H'2020
Annual Revenue by Sector, 2016 – 1H’2020 2016-Q3’2020 (in % breakdown) 3% 2% 3% (3%) 5% 4% 2% (33%) 53% 63% 66% 76% 72% (62%) 10% 9% 10% 5% 8% 32% 24% 21% 17% 17% 2016 2017 2018 2019 Q3'2019 Q3'2020 Construction Sector Foundation Sector Infrastructure Others 29
Slide 30: Financial Highlights, 2016 – Q3'2020
Financial Highlights, 2016 – Q3’2020 in IDR Million 2016 2017 2018 2019 Q3‘2019 Q3'2020 Net Revenue 1,794,002 3,026,989 3,725,296 3,947,173 3,069,507 960,725 Gross Profit 279,639 465,900 699,287 (99,808) (131,771) (232,911) Gross Profit Margin 15.6% 15.4% 18.8% -2.5% -4% -24% Operating Profit 182,09
Slide 31: Business Strategy & Updates
32 Business Strategy & Updates
Slide 32: Our Strong Foundation
Our Strong Foundation Our competitive advantages set us apart from our competitors. Integrated •The only construction company in Indonesia capable of undertaking works from deepest foundation and basement to high-rise structures (integrated) Experience •More than 25 years of experience Competitive •
Slide 33: Business Strategy
Business Strategy Safety & Quality Focus on Competences Puts forward safety and quality as Actively seeking opportunities by main working principle and also as prioritizing the suitability of differentiation value competencies Operational Excellence Strategic Sinergy Continuous improvement in every
Slide 34: We Build Trust & Partnership Thank You
35 We Build Trust & Partnership Thank You www.acset.co