Pt Trans Power Marine Tbk · IDX:TPMA
Pt Trans Power Marine Tbk — 9M2022 Earnings Presentation
19 slides from Pt Trans Power Marine Tbk's earnings presentation, 2022
Slide 1: Investor Update – 9M2022
PT. Trans Power Marine Tbk Investor Update – 9M2022
Slide 2: Disclaimer
These materials have been prepared by PT Trans Power Marine Tbk (the “Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presented or contained
Slide 3: Performance Summary
Performance Summary 9M22 sales volume increased by 44% to 12.1 mio MT in 9M2022 from 8.4 mio MT in 9M2021 Revenues increased by 50% to US$45.6 mio in 9M2022 from US$30.3 mio in 9M2021 that was driven by the increment of volume & price. Net Income increase by 180% from US$3.4 mio in 9M2021 to U
Slide 4: 2022 – Key Strategy
2022 – Key Strategy • Balance the inter island/long towing services and transshipment services; • Effective fleet management by optimizing fleet utilization and profitable route; • Managed docking schedule to minimize idle fleet; • Selected trustworthy and higher margin customer; • New capex to incr
Slide 5: Current Fleets
(CP Wine ereportn rte Current Fleets KAPAL TONGKANG Total BARGES Armada | Fleets Kapal ini digunakan untuk gkutan komos E: 3 3 Total Memiliki kapasitas Armada | Fleets 18.000-24.000 MT/hari_ zeae Have the capacities. 18,000-24,000 MT/day , for transshipment services. KAPALTUNDA Total TUG BOATS 3 Arm
Slide 6: CAPEX 2022
CAPEX 2022 PT TRANS POWER MARINE TBK PT TRANS LOGISTIK PERKASA SETS 5 15 BARGE SIZE 300 – 330 FT 330 FT BUDGET US$ 20mio US$ 60mio FUNDING Bank Financing 80% + Internal Cash 20% Bank Financing 80% + Internal Cash 20% Sets = 1 unit barge and 1 unit tug 6
Slide 7: Industry Outlook
TransPower : Industry Outlook
Slide 8: Coal production realization up to 2022-11-20
Sumber : MODI ESDM/ https://modi.esdm.go.id/produksi-batubara Y 2022 TARGET REALIZATION (million tons) (million tons) Realization up to date 2022 – 11 – 20, Production 663,03 597,06 Domestic 200,50 180,55 equal to 90,05% from Target Export 276,54 249,02 DMO 142,99 128,76 8
Slide 9: Financial Highlights
TransPower i” Financial Highlights SOVEREIGN 8 JAKARTA
Slide 10: Profit and Loss Statement
Profit and Loss Statement FINANCIAL (US $ IN 000) 9M22 9M21 Change Revenue 45,624 30,333 50% Direct Cost 31,210 22,981 36% Gross Profit 14,414 7,352 96% GA Expense 3,007 2,768 9% Operating Income 11,407 4,584 149% Net Income 9,592 3,423 180% EBITDA 20,303 12,643 61% EBITDA in % 45% 42% 10
Slide 11: 9M22 P & L
9M22 P & L - (US $ in 000) Revenue Gross Profit & Margin 60,000 16,000 32% 32% 35% 30% 50,000 47,689 14,000 30% 43,874 45,624 42,016 12,000 29% 13,957 14,414 39,762 25% 40,000 37,712 14,393 10,000 20% 22% 20% 10,756 9,386 30,000 8,000 7,817 15% 6,000 20,000 10% 4,000 2,000 5% 10,000 - 0% - 2017 2018
Slide 12: Balance Sheet
Balance Sheet - (US $ in 000) ASSETS 9M22 FY21 LIABILITIES AND EQUITY 9M22 FY21 CURRENT ASSETS CURRENT LIABILITIES Cash on hand and in banks 12,334 10,168 Short term bank loans 6,111 6,189 Trade Receivables : Trade Payable-third parties 4,392 3,253 3rd parties 11,537 9,246 Others payable - third par
Slide 13: DER & Cash Balance
DER & Cash Balance Cash Balance of $12.3 Million Debt to Equity Ratio at 15%, Net Cash to Equity 15% Debt to Equity Ratio US$ in 000 Cash Balance US$ in 000 30,000 40% 16,000 38% 14,394 35% 14,000 25,000 31% 12,334 30% 12,000 20,000 26% 25% 10,168 10,000 21% 15,000 20% 17% 8,000 15% 15% 10,000 28,37
Slide 14: Diversification of Revenue
Diversification of Revenue Revenue per Service 3Q 2022 3Q 2021 Description Volume Amount Volume Amount % to rev % to rev (in 000 MT) (in US $ 000) (in 000 MT) (in US $ 000) Barging: LT 1,721 23,649 52% 1,974 17,143 57% Transhipment 3,947 8,320 18% 2,904 4,555 15% FC - Transhipment 6,420 13,655 30% 3
Slide 15: Diversification of Revenue
Diversification of Revenue Revenue per Product Revenue per Service 87% 57% 81% 52% 60% 48% 90% 43% 80% 50% 70% 40% 60% 50% 30% 40% 19% 13% 20% 30% 20% 10% 10% 0% 0% 3Q2022 3Q2021 3Q2022 3Q2021 Coal Woodchips Inter island Transhipment 15
Slide 16: Our Customers
Our Customers Coal (since 2005) Coal (since 2010) Woodchips (since 2012) Coal (since 2020) Coal (since 2015) 16
Slide 17: Our Customers
Our Customers Coal (since 2013) Coal (since 2018) Coal (since 2020) Coal (since 2019) 17
Slide 18: Dividend
Dividend Year IDR per Saham IDR USD % to Net Income 2014 11 28.966.300.000 2,420,110 30% 2017 4 10.533.200.000 792,089 52% 2018 12 31.599.600.000 2,277,120 48% 2019 26,6 70.045.780.000 4,936,974 64% 2020 23,5 61.882.550.000 4,220,896 50% 2021 22 57.932.600.000 3,991,773 184% 2022 12 31.599.600.000 2
Slide 19: Thank You
Thank You 19