PT Acset Indonusa Tbk · IDX:ACST
PT Acset Indonusa Tbk — FY2016 Earnings Presentation
35 slides from PT Acset Indonusa Tbk's earnings presentation, Feb 24, 2017
Slide 1: Performance Update FY 2016
PT Acset Indonusa Tbk Performance Update FY 2016 Integrated Construction Company 24 February 2017
Slide 2: Disclaimer
Disclaimer The material in this presentation has been prepared by PT Acset Indonusa Tbk (ACSET) and is general background information about ACSET activities current as at the date of this presentation and are subject to change without prior notice. This information is given in summary form and does
Slide 3: Contents
Contents Company Profile Business Profile & Operations Business Strategy Financial Highlights & Updates Performance Update, FY 2016 3
Slide 4: Company Profile
Company Profile Performance Update, FY 2016 4
Slide 5: Overview
Overview Indonesia’s Leading Integrated Construction Company PT Acset Indonusa Tbk (“ACSET”) is an integrated construction company, providing technical and construction services in building, civil engineering, foundation and ground engineering specialist works. ACSET is one of the few construction g
Slide 6: Milestones
Milestones For the past 22 years, ACSET has been striving to become the pioneer in providing integrated construction solutions to its clients. Performance Update, FY 2016 6
Slide 7: Part of Indonesia's Largest Business Group
Bagian dari Grup Bisnis Terbesar di Indonesia Manufacture & Distribution (Market Share 50% for cars and 69% for motorcycles) Construction Machinery Market Leader Banking, general and life insurance, (36% market shares) leasing company Mining Contracting An Integrated Construction Company Market Lead
Slide 8: Shareholding Structure
Shareholding Structure Tower Crane & Passenger Aneka Raya Konstruksi Mobilindo (ARK) 99.9% Hoist Rental 100.0% 0.01% Karya Supra Foundation & Specialist 0.1% 99.9% Acset Pondasi Indonusa Works Perkasa 84.0% Formwork Sales, Rental & Innotech System Contractor 50.1% 92.3% Sales & Rental of Heavy Sacin
Slide 9: On-Going Projects
On-Going Projects Toll Gate & Office, Rajawali Royal Mojokerto-Kertosono Apartment, Palembang Mixed-use development Green Sedayu Taman Kebon Sirih, Jakarta Palem, Jakarta Millenium Centennial Kino Office Tower, Bored-pile flyover Tower, Jakarta Toll Gate & Office, Alam Sutera Puri Mansion, Jakarta C
Slide 10: Management
Management ACSET is managed by a dedicated professional, experienced team. BOARD OF COMMISSIONERS BOARD OF DIRECTORS TAN TIAM GIDION HASAN HERJADI SENG RONNIE President BUDIMAN Commissioner President Director Director BAMBANG JEFFREY GUNADI WIDJANARKO CHANDRAWIJAYA NILAWATI IRJANI E. S. Vice Preside
Slide 11: Organizational Structure
Organizational Structure Board of Commissioners Audit Committee Corporate Board of Directors Secretary Corporate Audit Corporate Legal Business Development Operation & Marketing Independent Finance Director HC Director Director Director Finance & Project Management HC, GA, ESR Procurement Accounting
Slide 12: Business Profile & Operations
Business Profile & Operations Performance Update, FY 2016 12
Slide 13: Areas of Expertise
Areas of Expertise CONSTRUCTION BUSINESS General Civil Foundation Infrastructure Demolition Building Engineering Other Works Works Works Works Works Works Geotechnical Mechanical, Electrical Toll Roads Works & Plumbing Construction Heavy Equipment Sales and Bored Piling & Marine Works Rental (Tower
Slide 14: General Building Works
General Building Works Performance Update, FY 2016 14
Slide 15: Civil Engineering Works
Civil Engineering Works Performance Update, FY 2016 15
Slide 16: Bored Piling & Diaphragm Wall
Bored Piling & Diaphragm Wall Performance Update, FY 2016 16
Slide 17: Infrastructure Works
Infrastructure Works Performance Update, FY 2016 17
Slide 18: Marine Works
Marine Works Performance Update, FY 2016 18
Slide 19: Slipforming & Formwork System
Slipforming & Formwork System Performance Update, FY 2016 19
Slide 20: Demolition Works
Demolition Works Performance Update, FY 2016 20
Slide 21: Current Project Portfolio: Foundation Projects
Current Project Portfolio: Foundation Projects 18 1. Indonesia 1, Jakarta 12. Pakubuwono House, 2. Millenium Centennial Pakubuwono Signature, Tower, Jakarta and Pakubuwono House, 20 19 3. Taman Anggrek Jakarta Residences, Jakarta 13. Ciputra World, Jakarta 4. Mangkuluhur City, Jakarta 14. Gandaria C
Slide 22: Current Project Portfolio: Structural Projects
Current Project Portfolio: Structural Projects 17 1. Indonesia 1, Jakarta 13. Residence 8 @ Senopati 2. Millenium Centennial Tower, Office and Apartment, Jakarta Jakarta 14 15 3. Thamrin Nine, Jakarta 14. Astra Business Centre, 18 16 19 21 20 4. District 8 Mixed-Use and Tangerang Langham Tower 15. B
Slide 23: Current Project Portfolio: Civil & Infrastructure
Current Project Portfolio: Civil & Infrastructure 4 3 6 12 1 2 13 11 15 5 9 14 10 8 7 1. Tanjung Priok Access Road (phase II), Jakarta 10. Foundation construction of PT Semen Gresik, East 2. Blending silo of PT Semen Gresik Rembang, Central Java Java 11. Tanjung Jati B Power Plant expansion project
Slide 24: Current Project Portfolio: Demolition Projects
Current Project Portfolio: Demolition Projects 1. CIMB Niaga & Sequis Office Building, Jakarta 2. International Financial Center Tower II Car Park, Jakarta 1 2 Performance Update, FY 2016 24
Slide 25: Current Project Portfolio: MEP Projects
Current Project Portfolio: MEP Projects 1. Mixed – Use Development Indonesia 1, Jakarta 2. Jakarta MRT Project – 4 stations (Bundaran Senayan, Istora Senayan, Bendungan Hilir and 1 Setiabudi) 2 Performance Update, FY 2016 25
Slide 26: Financial Highlights
Financial Highlights Performance Update, FY 2016 26
Slide 27: Revenue by Sector, 2015-2016
Revenue by Sector, 2015-2016 ACSET’s Revenue by Sector, FY 2016 ACSET’s Revenue by Sector, FY (in IDR billion) 2015 (in IDR billion) 86 350 65 450 842 1,358 Construction Sector Foundation Sector Others Construction Sector Foundation Sector Others Performance Update, FY 2016 27
Slide 28: Annual Revenue by Sector, 2012-2016
Annual Revenue by Sector, 2012-2016 ACSET’s Annual Revenue by Sector, 2012-2016 (in % breakdown) 5% 5% 23% 19% 37% 47% 33% 77% 76% 63% 62% 53% 2012 2013 2014 2015 2016 Construction Sector Foundation Sector Others Performance Update, FY 2016 28
Slide 29: Net Income, 2012-2016
Net Income, 2012-2016 Full-Year Net Income, 2012-2016 (in IDR billion) 120 100 105 99 Net income (IDR billion) 80 60 68 53 40 42 20 0 2012 2013 2014 2015 2016 Performance Update, FY 2016 29
Slide 30: Financial Highlights, FY 2012-2016
Financial Highlights, FY 2012-2016 In IDR million 2012 2013 2014 2015 2016 Net revenue 669,906 1,014,502 1,350,908 1,356,868 1,794,002 Gross profit 115,548 207,686 248,939 224,374 279,639 Gross profit margin 17.2% 20.5% 18.4% 16.5% 15.6% Operating profit 75,163 152,919 176,710 130,915 182,096 Operat
Slide 31: New Contracts 2012-2016
New Contracts 2012-2016 3,773 3,088 1,255 1,621 606 2012 2013 2014 2015 2016 Notable New Contracts, 2016 as follows: FY 2016 • Indonesia 1 • Millennium Centennial Center 37% • Mixed – Use Development Indonesia 1 - MEP Others: • Sedayu City 60% • Kino Office Tower • Grand Mansion Borobudur Apartment
Slide 32: Business Strategy & Updates
Business Strategy & Updates Performance Update, FY 2016 32
Slide 33: Our Strong Foundation
Our Strong Foundation Our competitive advantages set us apart from our competitors. Integrated •The only construction company in Indonesia capable of undertaking works from deepest foundation and basement to high-rise structures (integrated) Experience •More than 22 years of experience Competitive •
Slide 34: Group Business Strategy
Group Business Strategy Company or Joint Operation Customers ACST Reliable Demolition Domestic Company Infrastructure Foundation Strategic Foundation (Power Plant) Main Customers and ACST Contractor Multinational Company Supporting Construction Works Infrastructure Construction (Toll Road/High- Dome
Slide 35: Building Trust and Partnership
Building Trust and Partnership PT Acset Indonusa Tbk. ACSET Building—Jalan Majapahit no. 26 Petojo Selatan, Jakarta Pusat 10160 Indonesia www.acset.co ACSET is a publicly listed company in the Indonesia Stock Exchange (IDX: ACST). 35