PT Adira Dinamika Multi Finance Tbk · IDX:ADMF
PT Adira Dinamika Multi Finance Tbk — Q1 2024 Earnings Presentation
33 slides from PT Adira Dinamika Multi Finance Tbk's earnings presentation, May 2024
Slide 1: Company Update
COMPANY UPDATE As of March 2024
Slide 2: Company Profile
COMPANY PROFILE Next Step Slide Presentation
Slide 3: Why Adira Finance?
Adira Finance highlights Why Adira Finance? One of the largest Well-diversified High rated company, Solid financial Strong shareholder and profitable multi business portfolio with idAAA national performance, which support and finance companies across products, region, credit rating and Baa1 was prov
Slide 4: Adira Finance in glance
Adira Finance in glance Established in 1990 and has been operating in the Conducted IPO in 2004 and Bank Danamon (BBB/stable) automotive financing business for 33 years became the majority shareholder with 75% ownership Bank Danamon currently owns 92.07% of Adira Operates 472 business network throug
Slide 5: Key milestone and track record Adira Finance
Key milestone and track record Adira Finance 2004 2009 1990 2002 2003 • IPO of ADMF on JSX and SSX (now IDX) • Bank Danamon increased its ADMF was founded ADMF obtained its first Issued inaugural ownership share to 95%. • Bank Danamon became the majority and commenced its corporate rating of bonds o
Slide 6: Ownership composition and group structure
Ownership composition and group structure Adira Finance has strong support from the group. including MUFG and Danamon Bank MUFG Bank. Ltd Public 92.47% 7.53% • MUFG is one of the world’s leading (direct & Indirect) financial groups • MUFG Bank is rated A from S&P. A1 PT Bank Danamon Public from Mood
Slide 7: We offer a variety of products to be customer centric
We offer a variety of products to be customer centric Key Business Overview CAR MOTORCYCLE - New Car - New MCY - Used Car 01 02 - Used MCY - Electric Car - Electric MCY MULTI-PURPOSE NEW FINANCING DURABLE LOAN (MPL) 06 1Q24 03 - Electronic - MPL 2W - MPL 4W Rp 10.9 Trillion - Furniture - etc SHARIA
Slide 8: Well-diversified business portfolio across products and brands
Well-diversified business portfolio across products and brands Auto Financing Motorcycle Financing by Brands Car Financing by Brands Kawasaki; 1% Others; 10% Suzuki; 0.3% Others; 4% Mitsubishi; 17% Adira Finance offers a wide variety Honda; 11% of product diversification automotive financing such as
Slide 9: Network and Consumers
Network and Consumers Adira Finance’s business network spreads throughout Indonesia serving 2 million consumers Adira Finance’s business network spreads 472 Northern of Sumatera throughout Indonesia in March 2024. The West Java Kalimantan 64 Networks Sulawesi number of consumers reached 2 million in
Slide 10: Synergy with Group
Synergy with Group Adira Finance continues strengthening collaboration between groups (Bank Danamon and MUFG) Adira Finance continues to strengthen collaboration between groups (Bank Danamon and MUFG) at the IIMS 2024 event Adira Finance has collaborated with Bank Danamon to present the KPM Prima Pr
Slide 11: Adira has been rated idAAA since 2014
Adira has been rated idAAA since 2014 ADMF has highest national rating & international investment grade ratings National Credit Rating International Credit Rating Higher idAAA idAAA Baa1 idAA+ idAA+ BBB Baa2 BBB Baa2 idAA idAA Nov 2014 – Present idAA- idAA- Feb 2011 idA+ idA+ Apr 2010 idA idA Feb 20
Slide 12: Business Strategy
BUSINESS STRATEGY Next Step Slide Presentation
Slide 13: The roadmap ADMF business strategic direction
The roadmap ADMF business strategic direction Regain Market Share in Improve operating efficiency Auto Business (cost leadership) The Company will strengthen and gain The Company will continue to improve market share in the automotive business and the operating efficiency in order to provide various
Slide 14: Highlight of Adira Strength
HIGHLIGHT OF ADIRA STRENGTH Next Step Slide Presentation
Slide 15: Diversified funding sources and sustainable funding support
Diversified funding sources and sustainable funding support Managed Receivables by Sources (Rp trillion) Funding Highlights On Balance Sheet Joint-financing Managed AR 58.2 54.8 55.7 44.0 44.6 40.4 42% 47% 47% 44% 47% Joint Financing Local Bonds 47% 47% of managed receivables Adira Finance is active
Slide 16: Financial Summary
FINANCIAL SUMMARY Next Step Slide Presentation
Slide 17: Experienced management team – Board of Commissioners
Experienced management team – Board of Commissioners Daisuke Ejima Krisna Wijaya Manggi Taruna Habir President Commissioner Independent Commissioner Independent Commissioner • President Director of PT Bank Danamon • President Commissioner of PT Perusahaan • Visiting Fellow at Institute of Southeast
Slide 18: Experienced management team – Board of Commissioners
Experienced management team – Board of Commissioners Eng Heng Nee Philip Congsin Congcar Hafid Hadeli Commissioner Commissioner Commissioner • Chairman of Frasers Hospitality International • Head of Krungsri Auto Finance and • Vice President Director in PT Bank Pte. Ltd and the Director of Ezra Hold
Slide 19: Experienced management team – Board of Directors
Experienced management team – Board of Directors I Dewa Made Susila Swandajani Gunadi Niko Kurniawan Bonggowarsito President Director Director Director • President Director of ADMF (1 July 2022 - • Human Resources Director since 2013 • Sales and Service Distribution Director present) • Over 20 years
Slide 20: Experienced management team – Board of Directors
Experienced management team – Board of Directors Harry Latif Denny Riza Farib Sylvanus Gani Kukuh Mendrofa Director Director*) Director • Credit, Collection & Legal Director • Finance Director since March 2024 • Marketing Director since 2020 since April 2023 • Joined ADMF since 2007. latest • Joined
Slide 21: Experienced management team – Board of Directors
Experienced management team – Board of Directors Sigit Hendra Gunawan Takanori Mizuno Director*) Director*) • Risk Officer Director since March 2024 • Strategic Alliances Director since March 2024 • Over 30 years of experience in • Former Managing Director Head of Strategic multifinance industry Pla
Slide 22: Managed receivables reached IDR58 trillion, grew 20% in the first quarter of 2024
Managed receivables reached IDR58 trillion, grew 20% in the first quarter of 2024 MANAGED RECEIVABLES (Rp trillion) Covid-19 55.7 58.2 54.8 2% 48.3 14% 44.0 44.6 13% 40.4 6% 13% 51% 9% 12% 52% 51% 53% 54% 53% 54% 46% 34% 40% 37% 33% 34% 33% 2019 2020 2021 2022 2023 1Q23 1Q24 NEW BOOKING (Rp trillion
Slide 23: Company's total loans increased by 32%
In line with the asset growth, the Company's total loans increased by 32% Total Asset (Stand Alone) Total Equity Total Outstanding Borrowing Rp. trillion. and %. as of March 2024 Rp. billion. as of March 2024 Rp. trillion. as of March 2024 Financing Receivables Others 18% 11,112 10,452 10,560 10,032
Slide 24: Net profit growth of 4% y/y to IDR432 billion in 1Q24
Adira Finance recorded a net profit growth of 4% y/y to IDR432 billion in the first quarter of 2024 Total Income Operating Expenses Rp. billion. March 2024 Rp. Billion. March 2024 3,745 3,759 -6% 12,100 3,625 9,508 8,653 8,340 9,100 3,100 6,100 2,230 2,465 957 896 3,100 100 100 2021 2022 2023 1Q23 1
Slide 25: Asset quality maintained at 2%, below industry average
The Company's asset quality was successfully maintained at 2%, which below industry average Non- Performing Loan Debt to Equity Ratio % of Managed Receivables In (x). as of March 2024 2.0 2.3% 1.9% 2.0% 1.7% 1.5% 1.5 1.4 1.2 1.0 2021 2022 2023 1Q23 1Q24 2021 2022 2023 1Q23 1Q24 ROA ROE In (%) % Stan
Slide 26: Financial summary
Financial summary Rp billion. 2021 2022 2023 1Q23 1Q24 Unless Otherwise Stated (Audited) (Audited) (Audited) (Unaudited) (Unaudited) Total Income 8,653 8,340 9,508 2,230 2,465 Operating Expenses 3,745 3,625 3,759 957 896 Cost of Credit 1,401 907 1,386 312 578 Net Profit After Tax 1,213 1,606 1,944 4
Slide 27: Adira Finance's Award
ADIRA FINANCE’S AWARD Next Step Slide Presentation
Slide 28: Adira Finance won multiple awards in the first quarter of 2024
Adira Finance won multiple awards in the first quarter of 2024 Indonesia Public Relation Awards (IPRA) 2024 – Indonesia Best CFO Awards 2024 – Category Best Category Best Public Relations in Maintaining Performance Chief Financial Officer in Financing Living Legend Companies Award 2024 – Category Pa
Slide 29: Adira Finance's Event
ADIRA FINANCE’S EVENT Next Step Slide Presentation
Slide 30: Adira Finance's Event in the first quarter of 2024
Adira Finance’s Event in the first quarter of 2024 IIMS February 2024 RUPST & Bukber with Media Media Update Full Year Performance 27 March 2024 13 February 2024
Slide 31: Adira Finance's Event in the first quarter of 2024
Adira Finance’s Event in the first quarter of 2024 New Year’s Dinner with Media Sobat Expo & Media Gathering Umrah untuk Sahabat 19 January 2024 March - April Yogyakarta Mataram Makasar Palembang Bandung KURMA 7 April 2024 Palu
Slide 32: Acquisition of Mandala Multifinance
Acquisition of Mandala Multifinance On 13 March 2024, MUFG Bank, Ltd. (“MUBK”) and Adira Finance have completed the acquisition of shares in PT Mandala Multifinance Tbk (“Mandala”), whereby MUBK representing approximately 70.6% and ADMF representing 10% of the total issued shares in Mandala. 32
Slide 33: Terima Kasih dan Salam Sahabat
Terima Kasih dan Salam Sahabat FINANCE
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