Pt Puradelta Lestari Tbk · IDX:DMAS
Pt Puradelta Lestari Tbk — H1 2020 Earnings Presentation
27 slides from Pt Puradelta Lestari Tbk's earnings presentation, July 2020
Slide 1: Management Presentation June 2020 Audited Results
PT PURADELTA LESTARI TBK MANAGEMENT PRESENTATION JUNE 2020 AUDITED RESULTS JULY 2020 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 OPERATIONAL UPDATES 20 STRICTLY CONFIDENTIAL PAGE 2
Slide 4: Company Overview
01 COMPANY OVERVIEW STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 3
Slide 5: PT Puradelta Lestari Tbk
COMPANY OVERVIEW PT PURADELTA LESTARI TBK Leading Integrated Township Developers at East of Jakarta JOINT VENTURE : PT Puradelta Lestari Tbk (DMAS) Project Title : Kota Deltamas Project Description : Industrial-based Modern Integrated Township Location : Jalan Tol Jakarta-Cikampek KM 37, Cikarang Pu
Slide 6: Key Company Milestones
COMPANY OVERVIEW KEY COMPANY MILESTONES Commenced work on Incorporated Bekasi Regency Greenland Obtained as a local Direct access from Government International Certtification of investment Jakarta-Cikampek Center officially Industrial ISO 9001:2015 company in toll road to Kota relocated to
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 Sojitz PT Sumber Public Corporation Arusmulia Strong Proven Expertise International 25.00% 5
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 New Toll Road 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 Jakarta t
Slide 9: Location: Auto Industry Concentration
COMPANY OVERVIEW LOCATION AUTO INDUSTRY CONCENTRATION Tanjung Priok Seaport • Automotive manufacturing and assembling plants in Soekarno Hatta Indonesia are concentrated in East Jakarta- Int’l Airport Cikampek Corridor. Patimban Deep • Strategically located at the epicenter of the Seaport industrial
Slide 10: Location: Infrastructure Development to Support Industry
COMPANY OVERVIEW LOCATION INFRASTRUCTURE DEVELOPMENT TO SUPPORT INDUSTRY *this picture is just an illustration Tanjung Priok Seaport Soekarno Hatta Int’l Airport Tanjung Cilincing- Priok Cibitung Toll Road Patimban Deep Seaport Becakayu Toll Road LRT – Bekasi part Bekasi Regency Cibitung Karawang Ci
Slide 11: Development Area and Land Bank
COMPANY OVERVIEW DEVELOPMENT AREA AND LAND BANK Solid Master Plan with Large Land Bank Bekasi City Master Plan of Kota Deltamas Jakarta Tangerang Land Bank 30 Jun 2020 Access to other industrial estates Industrial 423 ha Karawang Cikampek Bekasi Bandung Commercial 494 ha Regency Central Java Gov’t R
Slide 12: Industrial Estate: GIIC Big Tenants
COMPANY OVERVIEW INDUSTRIAL ESTATE One of the Largest Industrial Estate along the Jakarta-Cikampek Toll Road Greenland International Industrial Center (“GIIC”) Big Tenants Area Year Status • ~ 130 industrial tenants KITIC ~200 Ha 2009 – 2011 Operating • Mostly auto and auto related sectors Suzuki ~1
Slide 13: 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 / Related Others STRICTLY CONFIDENTIAL PAGE 12
Slide 14: Most Advanced Industrial Estate at East of Jakarta
COMPANY OVERVIEW INDUSTRIAL ESTATE Most Advanced Industrial Estate at East of Jakarta Direct Construction After Certifications of Integrated Investment (KLIK) Management System STRICTLY CONFIDENTIAL PAGE 13
Slide 15: Greenland International Industrial Center Estate
COMPANY OVERVIEW INDUSTRIAL ESTATE Greenland International Industrial Center (GIIC) Industrial Estate Entrance to Greenland International Industrial Center (GIIC) Industrial Estate in Kota Deltamas STRICTLY CONFIDENTIAL PAGE 14
Slide 16: Development of Commercial Area
COMPANY OVERVIEW COMMERCIAL ESTATE Development of Commercial Area Commercial Products: Commercial Lot, Shophouses, Others Existing Commercial & Public Facilities Upcoming Development Office Restaurant Shophouses Hotel Commercial Centre Clinic & Hospital School & University Serviced Apartment Sport C
Slide 17: Development of Residential Area
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 Sold : > 2,600
Slide 18: Updates on Commercial and Residential Area
COMPANY OVERVIEW COMMERCIAL AND RESIDENTIAL ESTATE Updates on Commercial and Residential Area D E B C A A - Marketing Office Savasa (Product of Panahome Deltamas) C – Le Premier Serviced Apartment (operating since 2016) B - El Premio Shophouses D – Cikarang Japanese School (operating since 2019) E –
Slide 19: Updates on Commercial and Residential Area
COMPANY OVERVIEW COMMERCIAL AND RESIDENTIAL ESTATE Updates on Commercial and Residential Area A F B E C D A – Jakarta-Cikampek Toll Road D – Entrance to GIIC Industrial Estate B – Construction of High Speed Train E – Residential Development C – Le Premier Serviced Apartment / F – Sakura Park Hotel &
Slide 20: Supporting Infrastructure and Utilities
COMPANY OVERVIEW SUPPORTING INFRASTRUCTURE AND UTILITIES Ensuring Sustainability of Kota Deltamas Development INFRASTRUCTURES ENERGY & RESOURCES ESTATE MANAGEMENT WORLD CLASS ESTATE AND TENANT PLANNING & DESIGN RELATIONS TEAM Experienced Estate Lend Lease (Australia) Management and Nippon Koei
Slide 21: Key Financial Information
02 KEY FINANCIAL INFORMATION STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 20
Slide 22: Operational Updates: Marketing Sales
OPERATIONAL UPDATES MARKETING SALES Marketing Sales Achievement Solid achievement in 1H-2020, 53% of FY 2020 Target has been achieved. Marketing Sales Figures (in Rp Bn) 2,970 2,000 1,408 1,072 1,052 884 2016 Actual 2017 Actual 2018 Actual 2019 Actual 2020 Target 1H 2020 Actual STRICTLY CONFIDENTIAL
Slide 23: Key Financial Information: Revenues by Segment
KEY FINANCIAL INFORMATION Revenues by Segment Revenues by Segment 30 Jun 2019 30 Jun 2020 Revenues (in Rp Bn) 0.6% 4.5% 15.6% 985 7.7% 60.7% 253 38.0% 72.1% 0.8% 30 Jun 2019 30 Jun 2020 Industrial Residential Commercial Rental & Hotel Gross Profit (in Rp Bn) Operating Profit (in Rp Bn) Net Profit (i
Slide 24: Key Financial Information: Revenues by Segment
KEY FINANCIAL INFORMATION Revenues by Segment Industrial Residential Commercial Rental & Hotel 100.0% 100 100.0% 2,000 1,000 100.0% 20 100.0% 78.2% 64.0% 80.0% 80 68.8% 67.3% 80.0% 73.4% 70.0% 72.6% 800 80.0% 15 80.0% 1,500 55.6% 598 60.0% 60 60.0% 11 600 60.0% 60.0% 1,000 10 40.0% 40 40.0% 400 40.0
Slide 25: Optimum Return for Shareholders
KEY FINANCIAL INFORMATION Optimum Return for Shareholders Cash and Cash Equivalent Historical Dividend by Fiscal Year (in Rp Bn) 1,400 1,219 1,175 1,200 5,000 250% 204% 1,000 4,000 200% 785 800 745 152% 667 3,000 150% 600 95% 95% 2,024 2,000 81% 100% 400 310 1,109 1,012 200 1,000 723 627 50% - - 0%
Slide 26: Summary Income Statement and Balance Sheet
KEY FINANCIAL INFORMATION Summary - Income Statement Summary - Balance Sheet Income Statement in Rp Bn Jun 2020 Jun 2019 Balance Sheet in Rp Bn Jun 2020 Dec 2019 Revenues 253 985 ASSETS Gross Profit 169 656 Current Assets 3,417 4,009 Selling Expenses 12 16 Non Current Assets 3,571 3,608 General and
Slide 27: 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 : investor.relations@deltamas.co.id Website : www.kota-deltamas.com STRICTLY CONFI