Pt Selamat Sempurna Tbk · IDX:SMSM

Pt Selamat Sempurna Tbk — CITI Indonesia Investor Conference 2019

28 slides from Pt Selamat Sempurna Tbk's conference presentation, Aug 6, 2019

  1. Slide 1: CITI Indonesia Investor Conference 2019

    CITI Indonesia Investor Conference 2019 August 06, 2019 Mandarin Hotel - Jakarta, Indonesia

  2. Slide 2: Fact Sheet about PT Selamat Sempurna Tbk

    Fact Sheet about PT Selamat Sempurna Tbk  PT Selamat Sempurna Tbk is the flagship of ADR Group (Automotive Division)  The Largest Filter Manufacturer in the region  The Most Comprehensive range of products  Serve more filtration and radiator products than any other auto component company  Expor

  3. Slide 3: Chronology of Listing & Capital Structure

    Chronology of Listing & Capital Structure Stocks Accumulated Nominal Value Accumulated Description Date (Shares) (Rp) IPO 09 Sep 1996 34.400.000 17.200.000.000 Bonus Shares 11 Nov 1997 196.768.000 98.384.000.000 Bonus Shares 12 Aug 1999 259.733.760 129.866.880.000 Stock Split (1:5) 10 Jul 2003 1.298

  4. Slide 4: Composition of Shareholders

    Composition of Shareholders Number of Shares Issued and Shareholders % Amount Fully Paid PT Adrindo Intiperkasa 3.347.263.708 58,13% 83.681.592.700 Others (each with ownership interest below 5%) 2.411.411.732 41,87% 60.285.293.300 Total 5.758.675.440 100,00% 143.966.886.000 Share Ownership Number of

  5. Slide 5: Production Plant - Indonesia

    Production Plant - Indonesia Kapuk Plant (Radiator Facilities) Tangerang Plant (Filter Other Products & Subsidiaries)  Filters : 96 millions pieces per year  Radiators: 1.95 millions pieces per year 5

  6. Slide 6: Product Range

    Product Range  With more than 8,000 part numbers available for automotive and heavy duty applications, we serve wide range of products than any other auto component company.  With additional + 500 part numbers every year. 6

  7. Slide 7: Brand Names

    Brand Names Our Product brand names are well recognized in the after market as well as OEM & OES, both locally and internationally. Some of our brand names are: 7

  8. Slide 8: List of OEM/OES

    List of OEM/OES • ATLAS COPCO • HINO • KUBOTA • TCM • BEIBEN • HITACHI • LIEBHERR • TEREX • BELL • HONDA • LINDE • TOYOTA • CARRIER • HYSTER • MAN • UD TRUCKS • CASE NEW HOLLAND • HYUNDAI • MANITOU • VOLVO • CHEVROLET • IHI • MAZDA • YALE • CLARK • ISEKI • MITSUBISHI • YANMAR • DAIHATSU • ISUZU • NI

  9. Slide 9: Technical Assistance

    Technical Assistance Filters • 1984: Donaldson Company Inc., USA (PT Panata Jaya Mandiri) • 1985: Mahle Japan Limited, Japan. (formerly Tsuchiya Manufacturing Co. Ltd., Japan) • 1988: Tokyo Roki Co., Ltd., Japan (PT Selamat Sempurna Tbk) Radiators & Others • 1979: Tokyo Radiators Mfg. Co. Ltd., Japa

  10. Slide 10: 26 Years Consecutive Sales Growth

    26 Years Consecutive Sales Growth No Year Net Sales No Year Net Sales 1992 21 21 2013 2.382 1 1993 24 22 2014 2.633 3,933 2 1994 78 23 2015 2.803 3 1995 102 24 2016 2.880 4 1996 127 25 2017 3.340 3,340 5 1997 161 26 2018 3.933 2,880 6 1998 350 2,803 7 1999 359 2,633 2,382 8 2000 503 2,269 9 2001 565

  11. Slide 11: 16 Years Consecutive Net Income

    16 Years Consecutive Net Income No Year Net Income 2002 40 1 2003 48 557 2 2004 57 3 2005 66 499 4 2006 66 453 428 5 2007 80 390 6 2008 91 7 2009 133 308 8 2010 150 9 2011 212 219 10 2012 219 212 11 2013 308 150 133 12 2014 390 80 91 13 2015 428 57 66 66 40 48 14 2016 453 15 2017 499 02 03 04 05 06

  12. Slide 12: 19 Years Consecutive Overseas Sales Growth

    19 Years Consecutive Overseas Sales Growth No Year Overseas Sales 1999 249 1 2000 340 2 2001 379 3 2002 425 2,612 4 2003 462 2,324 5 2004 542 2,051 6 2005 650 2,042 7 2006 695 1,832 8 2007 829 1,479 9 2008 1.027 1,339 1,317 10 2009 1.035 1,139 1,027 1,035 11 2010 1.139 12 2011 1.317 829 695 650 13 2

  13. Slide 13: 14 Years Consecutive Dividend Payment Growth

    14 Years Consecutive Dividend Payment Growth Total • Paid quarterly dividend since 2016 Book Net Income Payout No Year Dividend (In Bio IDR) Ratio • Increased annually for 14 years (In Bio IDR) 2004 25,97 57 45% 1 2005 32,47 66 49% 2 2006 41,08 66 62% 3 2007 57,59 80 72% 334 4 2008 86,38 91 94% 299

  14. Slide 14: Summary Performance 1H 2019

    Summary Performance 1H 2019 Position as per 30 June ‘19 Changes Net Sales IDR 1.772 T (1,18%) Profit for the Period* IDR 234 B 5,92% EPS IDR 41 5,92% * attributable to owners of the parent entity 14

  15. Slide 15: Comparative Financial Highlights

    Comparative Financial Highlights 6 Months Ended Compare Q to Y Financial Highlights 1H’19 1H’18 1H’19 2018 Net Sales 1.772 1.793 1.772 3.933 Gross Profit 501 494 501 1.193 Operating Profit 333 334 333 832 Profit for the period attributable to: Owners of the parent entity 234 221 234 557 Non-controll

  16. Slide 16: Financial Ratio

    Financial Ratio Compare Q to Q Compare Q to Y Financial Ratio 1H’19 1H’18 1H’19 2018 Net Sales Growth (1%) Total Asset Growth 3% Total Equity Growth 14% Gross Profit Margin 28% 28% 28% 30% Operating Margin 19% 19% 19% 21% Net Income Margin* 13% 12% 13% 14% Return on Assets 9% 9% 9% 23% Return on Equ

  17. Slide 17: Sales Performance 1H 2019 (6 Months Ended)

    Sales Perfomance 1H 2019 (6 Months Ended) Sales (Rp) Increase /(Decrease) Market 1H’19 % 1H’18 % Rp % Indonesia 592 33% 607 34% (16) (2.58%) Overseas 1.180 67% 1.186 66% (6) (0.47%) Total 1.772 100% 1.793 100% (21) (1.18%) Sales (Rp) Increase /(Decrease) Product 1H’19 % 1H’18 % Rp % Filter 1.327 75%

  18. Slide 18: Structure of Company with the Subsidiaries and Associates

    Structure of Company with the Subsidiaries and Associates Holding : BRADKE : BRADKE SYNERGIES SDN BHD Distribution : Manufacture : PTC : PT PRAPAT TUNGGAL CIPTA PJM : PT PANATA JAYA MANDIRI CMG : PT CAHAYA MITRA GEMILANG HP : PT HYDRAXLE PERKASA CSR : PT CAHAYA SEJAHTERA RIAU SSP : PT SELAMAT SEMPAN

  19. Slide 19: PT Panata Jaya Mandiri – PJM (Subsidiary Company)

    PT Panata Jaya Mandiri – PJM (Subsidiary Company)  SMSM owns a 70% stake in PJM  Joint venture with Donaldson Company Inc., USA 6 Months Ended Inc/(Decr) Compare Q to Y Financial Highlights 1H’19(U) 1H’18(U) % 1H’19(U) 2018(A) Net Sales 436.59 428.42 2% 436.59 906.81 Gross Profit 91.27 90.18 1% 91

  20. Slide 20: PT Hydraxle Perkasa – HP (Subsidiary Company)

    PT Hydraxle Perkasa – HP (Subsidiary Company)  SMSM owns a 51% stake in HP  Manufacture dump hoist and body maker of dump truck, trailer, mixer, and tank 6 Months Ended Inc/(Decr) Compare Q to Y Financial Highlights 1H’19(U) 1H’18(U) % 1H’19(U) 2018(A) Net Sales 127.21 184.32 (31%) 127.21 396.06 G

  21. Slide 21: PT Prapat Tunggal Cipta – PTC (Subsidiary Company)

    PT Prapat Tunggal Cipta– PTC (Subsidiary Company)  SMSM owns a 99.9% stake in PTC  Sole distributor that specializes on the trading of the Company products in Indonesia aftermarket sectors. 6 Months Ended Inc/(Decr) Compare Q to Y Financial Highlights 1H’19(U) 1H’18(U) % 1H’19(U) 2018(A) Net Sales

  22. Slide 22: PT Selamat Sempana Perkasa – SSP (Subsidiary Company)

    PT Selamat Sempana Perkasa – SSP (Subsidiary Company)  SMSM owns a 99.9% stake in SSP  manufacturers rubber O-rings, polyurethanes, and plastisol adhesives for automotive industries 6 Months Ended Inc/(Decr) Compare Q to Y Financial Highlights 1H’19(U) 1H’18(U) % 1H’19(U) 2018(A) Net Sales 96.67 1

  23. Slide 23: Bradke Synergies Sdn Bhd – BRADKE (Subsidiary Company)

    Bradke Synergies Sdn Bhd – BRADKE (Subsidiary Company)  SMSM owns a 100,00% stake in Bradke  Bradke is the Holding Company which had subsidiaries of which are (i) Manufacturing of filters product & the Company's Supplier for machinery (Filton Industries Sdn Bhd), the Company's sole distributor of

  24. Slide 24: Sure Filter (Thailand) Co., Ltd. – SF THAILAND (Associate Company)

    Sure Filter (Thailand) Co., Ltd. – SF THAILAND (Associate Company)  SMSM owns a 44,00% stake in SF Thailand [acquire on June 29, 2018]  SF Thailand is the Company's sole distributor of filter and radiator products in Thailand 6 Months Ended Inc/(Decr) Compare Q to Y Financial Highlights 1H’19(U) 1

  25. Slide 25: PT POSCO Indonesia Jakarta Processing Center (Associate Company)

    PT POSCO Indonesia Jakarta Processing Center (Associate Company)  SMSM owns a 15% stake in POSCO IJPC  Joint venture with POSCO and DAEWOO International Corporation 6 Months Ended Inc/(Decr) Compare Q to Y Financial Highlights 1H’19(U) 1H’18(U) % 1H’19(U) 2018(A) Net Sales 58.87 48.21 22% 58.87 10

  26. Slide 26: PT Tokyo Radiator Selamat Sempurna (Associate Company)

    PT Tokyo Radiator Selamat Sempurna (Associate Company)  SMSM owns a 33% stake in TRSS  Joint venture with Tokyo Radiator Mfg. Co. Ltd 6 Months Ended Inc/(Decr) Compare Q to Y Financial Highlights 1H’19(U) 1H’18(U) % 1H’19(U) 2018(U) Net Sales 43.87 45.94 (5%) 43.87 97.72 Gross Profit 11.54 11.88 (

  27. Slide 27: Achievement 2019

    Achievement 2019 Month Achievement January Top 100 Fastest Growing Companies 2018 in the Sub Sector of Automotive Components of the Miscellaneous Industry Sector by InfoBank. March "Best New Supplier Performance" from PT Yanmar Diesel Indonesia. “2018 Special Contribution" from PT Hino Motors Manufa

  28. Slide 28: Thank You

    Thank You visit us : www.smsm.co.id This presentation has been prepared by PT Selamat Sempurna Tbk independently and is circulated for the purpose of general information only. It is not intended for the specific person who may receive this presentation The information in this presentation has been o

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