Pt Mitra Adiperkasa Tbk · IDX:MAPI
Pt Mitra Adiperkasa Tbk — H1 2023 Earnings Presentation
18 slides from Pt Mitra Adiperkasa Tbk's earnings presentation, 2023
Slide 1: 1
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Slide 2: Table of Contents
TABLE OF CONTENTS 1 OVERVIEW OF MAP GROUP 1H/2Q 2023 FINANCIAL 2 HIGHLIGHTS 3 APPENDIX 2
Slide 3: Overview of Group
OVERVIEW OF GROUP 3,264 150+ 110+ Retail Stores* + 31 online stores World Class Brands Retail Concepts + Presence in 3rd party online stores Over 80 26,764 Cities** Employees * Data includes Burger King and Domino’s Pizza 3 ** Excluding regional countries
Slide 4: Brand portfolio by store format
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 1H/2Q 2023
MAPI RETAIL FOOTPRINT 1H/2Q 2023 No. stores Space (sqm) CONSOLIDATED 2,872 1,002,488 DEPT STORE 58 332,121 SPC. STORE 1,994 455,344 ACTIVE 1,450 298,249 FASHION & BEAUTY 476 149,566 DIGITAL 68 7,529 F&B 770 203,027 OTHERS 50 11,996 Exclude: 173 Burger King & 219 Domino’s Pizza 5
Slide 6: 1H/2Q 2023 Financial Highlights
1H/2Q 2023 FINANCIAL HIGHLIGHTS 6
Slide 7: Financial Highlights
FINANCIAL HIGHLIGHTS *) After PSAK 73/ IFRS 16 (IDR bn, %) 1H23 1H22 GROWTH 2Q23 2Q22 GROWTH NET SALES 15,595 12,248 27.3% 8,132 6,615 22.9% GROSS PROFIT 7,073 5,432 30.2% 3,771 3,018 24.9% 45.4% 44.4% 46.4% 45.6% EBIT 1,734 1,324 30.9% 1,069 836 27.9% 11.1% 10.8% 13.2% 12.6% EBITDA 2,952 2,401 23.0
Slide 8: Net Sales & Growth
NET SALES & GROWTH (IDR bn, %) 1H23 1H22 1H21 1H20 1H19 % GROWTH YoY 27.3% 34.1% 33.9% -32.1% 10.4% 15,595 NET SALES 12,248 10,042 9,135 6,822 1H23 1H22 1H21 1H20 1H19 8
Slide 9: Inventory Level
INVENTORY LEVEL (Days, IDR bn, %) AGING INVENTORY 1H23 1Q23 2022 2022 2021 2021 2020 2020 2019 2019 > 6 Months 24% 25% 43% 38% 23% 152 INVENTORY DAYS 125 109 104 102 1H23 2022 2021 2020 2019 Our ability to absorb and utilize data has greatly increased year after year, resulting in a significantly fa
Slide 10: Balance Sheet
BALANCE SHEET (IDR bn) As of As of As of As of As of As of ASSETS LIABILITIES & EQUITY 30 JUNE '23 31 DEC '22 31 DEC '21 LIABILITIES & As 30 of JUNE '23 As 31 of AsDEC DEC '22 31 of '21 CASH & EQUIVALENTS 2,980 3,851 2,778 EQUITY BANK LOAN 31 Dec22 986 31 Dec21 611 31 Dec20 1,146 ACCOUNT RECEIVABLES
Slide 11: Sales by region
Overseas, 10% Others, 2% Sulawesi, 2% Sumatera, 6% Bali, 5% Jawa, 19% Jakarta, 56% 11
Slide 12: Digital Retail Stores
DIGITAL RETAIL STORES ACTIVE FASHION DIGITAL • Planet Sports.Asia • Zara ID • Digimap • Sports Station • Zara VN • Foot Locker ID • Zara Cambodia • Foot Locker PH • Massimo Dutti ID OTHERS • Kidz Station • Massimo Dutti VN • Kinokuniya • Linea Shoes • Pull and Bear • Converse • Stradivarius • Crocs
Slide 13: Digital Performance
DIGITAL PERFORMANCE (IDR bn, %) 1H23 1H22 2022 2021 2020 2019 3rd Party CONTRIBUTION 8.2% 9.4% 9.0% 13.0% 10.9% 1.6% Marketplaces 39% 2,419 2,388 Own Sites 61% 1,612 1,286 Own sites 3rd Party Marketplaces 1,156 348 Digimap 14% 1H23 1H22 2022 2021 2020 2019 Foodhall 2% Active 41% F&B 1H23 Sales Contr
Slide 14: Appendix
_Appendix
Slide 15: Specialty Store
SPECIALTY STORE *) After PSAK 73/ IFRS 16 In IDR BN 1H 23 1H 22 2Q 23 2Q 22 Net Revenue 12,045 9,374 6,267 5,057 % Growth 28.5% 37.5% 23.9% 40.8% EBIT *) 1,434 1,102 928 709 % Ebit Margin 11.9% 11.8% 14.8% 14.0% FASHION & BEAUTY ACTIVE DIGITAL ZARA 18 Outlets SPORTS STATION 343 Outlets DIGIMAP 58 Ou
Slide 16: Food & Beverage
FOOD & BEVERAGE *) After PSAK 73/ IFRS 16 FOOD & BEVERAGE In IDR BN 1H 23 1H 22 2Q 23 2Q 22 STARBUCKS COFFEE 566 Outlets Net Revenue 1,999 1,557 1,042 848 SUBWAY 79 Outlets PIZZA MARZANO 21 Outlets % Growth 28.4% 32.4% 23.0% 35.7% COLD STONE 19 Outlets EBIT *) 89 106 58 53 KRISPY KREME 35 Outlets GO
Slide 17: Department Store
DEPARTMENT STORE *) After PSAK 73/ IFRS 16 In IDR BN 1H 23 1H 22 2Q 23 2Q 22 Net Revenue 1,262 1,112 652 608 % Growth 13.6% 24.3% 7.3% 26.8% EBIT *) 215 133 103 97 % Ebit Margin 17.0% 12.0% 15.8% 16.0% DEPARTMENT STORE SOGO 17 Outlets SEIBU 2 Outlets GALERIES LAFAYETTE 1 Outlets THE FOODHAL 38 Outle
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