PT Waskita Beton Precast Tbk · IDX:WSBP
PT Waskita Beton Precast Tbk — Investor Presentation (June 2023)
21 slides from PT Waskita Beton Precast Tbk's investor presentation, June 2023
Slide 1: Company Presentation
Company Presentation PT Waskita Beton Precast Tbk June 2023
Slide 2: Disclaimers
Disclaimers This material is for information only, and we are not soliciting any action based upon it. This report is not to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. The information
Slide 3: Contents
1. Financial Restructuring Contents 2. 6M2023 Performances 3. Investment Thesis 4. Market Expansion & Innovation Strategy 5. Optimizing Programs
Slide 4: Financial Restructuring
Financial Restructuring
Slide 5: WSBP restructuring scheme provides opportunities for operational and financial recoveries
WSBP restructuring scheme provides opportunities for operational and financial recoveries… Banks Vendor / Supplier Bondholders and Other Creditors Tranche A Tranche D – Debt to Tranche C – Mandatory Tranche B - CFADS Tranche B - CFADS Long Term Loan (LTL) Equity Conversion Convertible Bonds Long Ter
Slide 6: Financial restructuring will bring beneficial impacts on WSBP Performance and Fundamentals
Financial restructuring will bring beneficial impacts on WSBP Performance and Fundamentals… CFADS Vendors • Provide WSBP with a much-needed flexibility on cashflow management ~ 500 Bn • WSBP will be able to utilize its liquidity for working capital, thus accelerating recovery +250 2,2 Tn Conversion
Slide 7: 6M2023 Performance
6M2023 Performance
Slide 8: Prudent in project selection, WSBP managed to gain sizeable new contracts
Prudent in project selection, WSBP managed to gain sizeable new contracts… Sizeable new contracts with sustainable improvement of tender 6M2023 New Contract Segmentation by Customers winning rate 1% 37% Private’s 975 62% SOE’s 46% Government Win Rate : 15% Participated :6,55T 666 Internal : 36% Ekst
Slide 9: Financial Performance 1H2022
Financial Performance 1H2022 Revenues Gross Profit Gross Profit Margin 2,062 304 14.75% 15.06% 14.05% 744 642 104 96 1H2022 1H2023 2022 2022 1H2022 1H2023 2022 1H2022 1H2023 Total Liabilities Total Equity Debt to Earning Ratio 7.863 8,066 7.723 2022 1H2022 1H2023 2022 1H2022 1H2023 (1.348) 1.61 (2.1
Slide 10: Investment Thesis
Investment Thesis
Slide 11: Beneficiary to Infrastructure Development in Indonesia
Beneficiary to Infrastructure Development in Indonesia… WSBP New Contract grew align with the government infrastructure budget allocations Other catalysts… 500 (IDR Trillions) New Capital City “Nusantara” becomes the 394 403 392 new construction booster 400 363 307 300 The passing of Omnibus Law wil
Slide 12: End to end business lines to provide one stop solution for customers
End to end business lines to provide one stop solution for customers and increase production efficiency… Downstream Midstream Upstream Quarry Precast Ready Mix Construction Service Produce crushed stones Pre-manufactured concrete that is used as construction material. Ready Mix is ready to use Suppl
Slide 13: Proven Track Record in Winning Major Infrastructure Projects
Proven Track Record in Winning Major Infrastructure Projects… Thilawa Shipyard Myanmar Pejagan - Pemalang Toll Road Pemalang - Batang Toll Road RDMP RU V Balikpapan Light Rail Transit Palembang Kayu Agung - Palembang - Betung Toll Road Bekasi - Cawang - Kp Melayu Toll Road Patimban Port Cimanggis -
Slide 14: Well maintained Production Facilities & Equipment enable WSBP to reach broader market potentials
Well maintained Production Facilities & Equipment enable WSBP to reach broader market potentials… WSBP Precast Plants ≈ • 9 Precast Plants • 3,7 million tons / year Sumatera (Production Capacity) Gasing (725.000 tons) • 23 Readymix Batching Plants Central Java • Distributed near Project Sites Klaten
Slide 15: Market Expansion & Innovation Strategy
Market Expansion & Innovation Strategy
Slide 16: WSBP aims for more diverse and larger external market shares
WSBP aims for more diverse and larger external market shares, both domestic and overseas… Focus on external market penetration (averaging above 65%) Portfolio diversification to cater broader customers Precast 100% Retail Manufacture Ready Mix 80% 38% Concrete Construction Plantation Construction 63
Slide 17: Bigger marketing channels to reach broader customers
Bigger marketing channels to reach broader customers… Adding 2 sales department to emphasize focus on eastern part of Indonesia Sales Area 5 Sales Area 1 Kalimantan Island Aceh, North Sumatera, West Sumatera, Riau Sales Area 6 100 + Islands Sulawesi, Maluku, Sales Agents Papua Digital marketing and
Slide 18: New innovative products through intensive research of customers' needs
New innovative products through intensive research of customers’ needs… SprigWP Waskita Instant Building Waskita Instant Home Waskita Precast Rigid Pavement System Prefabricated concrete modular building Prefabricated concrete modular house (low primarily used for toll roads construction (high rise)
Slide 19: Optimizing Programs
Optimizing Programs
Slide 20: Centralized precast production in main Plants with largest capacity
Centralized precast production in 3 main Plants with largest capacity… Banten Bojonegara (475.000 tons) West Java Karawang (525.000 tons) East Java Prambon (425.000 tons) Utilizing Bojonegara, Karawang, and Optimizing plants which integrated with Prambon plants to produce all orders quarries (bojone
Slide 21: Thank You
tahun WASKITA betonprecast Rebuilding Strength & Sustainability ~ «a
PT Waskita Beton Precast — Investor Presentation (June 2023) on 6ix