Pt Ramayana Lestari Sentosa Tbk · IDX:RALS
Pt Ramayana Lestari Sentosa Tbk — H1 2016 Earnings Presentation
12 slides from Pt Ramayana Lestari Sentosa Tbk's earnings presentation, 2016
Slide 1: Who Are We?
WHO ARE WE? • One of the largest department store operators in Indonesia • Established in 1978 • Market leader in middle-low and lower retail segment • Offers full range of clothing, shoes & bags, toys & stationery, housewares and supermarket • Operates 115 stores in 54 major cities with total gross
Slide 2: Shareholding Info
SHAREHOLDING INFO • Went public in July 1996 • Outstanding shares : 7,096 billion • Market capitalization : IDR 7,59 trillion or USD 573,21 mn (as of 30 June 2016) • Ownership structure : – PT Ramayana Makmur Sentosa : 55.88% – Paulus Tumewu : 3.66% – Free float : 40.46% • Payout ratio : – 2012 : 57
Slide 3: What We Sell
WHAT WE SELL WOMEN FRESH, FOOD, DRINK 10.3% & TOILETRIES 22.0% TOYS, STATIONERY & HOUSEWARES MEN 4.3% 29.3% SPECIAL BUY 1.4% SHOES, BAGS & ACCESSORIES 22.2% CHILDREN 10.5% 3
Slide 4: Gross Margin
GROSS MARGIN in % 6M15 6M16 Women 32,6% 33,2% Men 30,0% 30,3% Children 34,9% 37,8% S. B. A. 27,9% 28,3% Special Buy 27,3% 33,1% Clothing 30,2% 31,2% Toys & Stationery 24,8% 24,7% Housewares 23,6% 20,2% Home 23,9% 21,6% Supermarket 6,6% 7,7% Total 23,6% 25,6% 4
Slide 5: Net Sales
NET SALES in bn Rp 10,000 7.968 7.942 7.786 8,000 7.454 6,000 4.368 4,000 2,000 0 2012 2013 2014 2015 6M16 5
Slide 6: Net Profit
NET PROFIT in bn Rp 600 424 391 400 355 336 254 200 - 2012 2013 2014 2015 6M16 6
Slide 7: Financial Highlights
FINANCIAL HIGHLIGHTS 2014 2015 Vs LY Sales 7.942 100,0% 7.786 100,0% -2,0% Gross profit 2.048 25,8% 1.996 25,6% -2,5% Operating expenses 1.754 22,1% 1.762 22,6% 0,5% Operating profit/EBIT 299 3,7% 251 3,2% -16,1% Net profit 355 4,5% 336 4,3% -5,4% Amount in Rp bn, unless otherwise stated 6M15 6M16 V
Slide 8: Competition
COMPETITION • Small organized regional retailers, such as : - Borobudur (Greater Jakarta) - Yogya (West Java) - Sri Ratu (Central Java) - Hardy’s (Bali) - Suzuya (Sumatra) • Trade centers, mostly in Greater Jakarta • Mini markets 8
Slide 9: Current Presence & Expansion Plan
CURRENT PRESENCE & EXPANSION PLAN Greater Jakarta 41 stores : 307.126 sqm ( 31,2% ) Sumatera 22 stores : 213.480 sqm ( 21,7% West Java 13 stores : 117.506 sqm ( 11,9% ) Kalimantan 9 stores : 92.652 sqm ( 9,4% Central Java 7 Stores : 49.938 sqm ( 5,1% ) Bali, NT, Maluku 5 stores : 43.381 sqm ( 4,4% E
Slide 10: Highlights / Problems
HIGHLIGHTS / PROBLEMS • Overall high increase in minimum wage and low inflation would benefit & increase disposable income of the segment who is targeted by Ramayana. • The high increase in minimum wage could also result in high retrenchment if the industry cannot afford the increase in wages. • Con
Slide 11: Prospect
PROSPECT • Serving a huge prosperous population base in middle, middle to low income segment. • Consumer demand in middle and middle to low segment continues to be strong if economic conditions improve. • Projections of Indonesia’s positive economic condition for the next years. • Overseas remittanc
Slide 12: PT. Ramayana Lestari Sentosa, Tbk
PT. RAMAYANA LESTARI SENTOSA, TBK Jl. K.H. Wahid Hasyim 220 A- B Tanah Abang, Jakarta Pusat, 10250 Phone : +62 21 3924066, 3914566 Email : corporate@ramayana.co.id
PT Ramayana Lestari Sentosa — H1 2016 Earnings Presentation on 6ix