Pt Bukit Asam (persero) Tbk · IDX:PTBA
Pt Bukit Asam (persero) Tbk — PT Bukit Asam — Investor Presentation (2020)
26 slides from Pt Bukit Asam (persero) Tbk's investor presentation, 2020
Slide 1: Corporate Presentation 9M 2020
Corporate Presentation 9M 2020
Slide 2: Outline
Outline 1. Introduction 2. 9M 2020 Update 3. Company Overview 1
Slide 3: 1. Introduction
1. Introduction 2
Slide 4: PTBA continues to diversify its source of revenues
PT Indonesia Asahan Aluminium (Persero) owns ~65,93% of total shares The Subsidiaries and Indirect Subsidiaries Mining Trading Power Logistics Gas Investment Others Mining Power Gas Others Trading Logistics Investment PTBA continues to diversify its source of revenues – The Company’s core coal minin
Slide 5: Key Milestones
Key Milestones 23 Dec 2002 ◼ PTBA was publicly listed on the Jakarta 1876 2 Mar 1981 ◼ Coal Mine in Ombilin, ◼ PN TABA was converted into a West Sumatera, limited corporation and its Stock Exchange with 35% of shares started operations name changed to PT Tambang held by the public. It traded with th
Slide 6: PTBA among peers
PTBA among peers 2019 Coal Production 2016 - 2019 Production CAGR (%) (Mn ton) 48% 58.03 31.9 34.3 29.1 14% 23.4 2% 3% n.m. n.m. n.m. n.m. -3% Bumi Golden ITMG PTBA Bayan Indika Adaro ITMG Bumi Golden Indika Adaro PTBA Bayan Energy Energy 2019 EBITDA Margin 2019 Weighted Average Stripping Ratio (%)
Slide 7: PTBA among peers (cont.)
PTBA among peers (cont.) (%) 45 PTBA Vs Global & Local Peers 2019 40 34,9 35 30 25 23.0 20 23,6 18.6 21,8 15 6,9 10 5 0 YZC ACI BTU SCC PM 1088 HK BHP AU RIO AU GLEN IN COAL IN BYAN ITMG HRUM ADRO BUMI PTBA Average -5 Gross Profit Margin (GPM) Operating Profit margin (OPM) Net Profit Margin (NPM) -1
Slide 8: 2. 9M 2020 Update
2. 9M 2020 Update 7
Slide 9: Trending Issue International Coal Market
Trending Issue International Coal Market South Korea The unplanned stoppage of several reactors following two typhoons has created fresh uncertainty, however, and may support coal demand compared with previous expectations in the short term. China China's Guangzhou and Fuzhou ports may be considerin
Slide 10: The Trend of Coal Price
The Trend of Coal Price 110 COVID-19 outbreak 90 70 50 30 HBA (6322 GAR) Newcastle Index (6322 GAR) ICI-3 (5000 GAR) 10 Newcastle coal prices has reached its dip on early September and the price started to recover on the following week. This rebound is mainly caused by the rumor that China is going
Slide 11: Impact of Covid-19 to Coal Market
Impact of Covid-19 to Coal Market (Mn Ton) Global Coal Demand¹ China's lockdown in the first quarter of 2020 and continued lockdowns in India and the Philippines have had a major impact on coal demand as these regions account for 65% of Indonesia's total coal exports. (Mn Ton) Domestic Coal Demand²
Slide 12: Actions Taken by PTBA to Mitigate The Covid-19 Outbreak
Actions Taken by PTBA to Mitigate The Covid-19 Outbreak PPE TRANSPORTATION MEDIC IT ACTIVITIES APD 11
Slide 13: PTBA Supports the Community
PTBA Supports the Community 763 303,695 112 Handsanitizer 400 Mask Unit Tedmond & ml & 60 ml Portable Wastafel 26 Ton Spraying of Disinfectants in the Company's Rice 10 Ring 1 Area box 700 107,720 3,750 Protection Clothes Rosela for Health dan Protective Groceries Packages Workers Goggles IDR 17.3 B
Slide 14: Key Performance Highlights
Key Performance Highlights YoY FY 2020 E 9M 2020 9M 2019 (% change) Sales Volume (Mt) 24.9 18.6 20.6 -9.7 Production Volume (Mt) 25.1 19.4 21.6 -10.2 Railway Volume (Mt) 23.0 17.7 17.8 -1.0 Revenue (IDR TN) N.A 12.8 16.3 -20.9 Net Profit (IDR TN)* N.A 1.7 3.1 -44.3 Weighted Average N.A 680,118 775,6
Slide 15: Key Operational Highlights
Key Operational Highlights Production and Sales Volume Railway Volume (Mt) (Mt) Production Sales 24.2 29.1 27.8 22.7 21.4 26.4 24.2 23.6 24.7 17.8 17.7 21.6 20.6 19.4 18.6 FY2017 FY2018 FY2019 9M19 9M20 FY2017 FY2018 FY2019 9M19 9M20 Weighted Average Stripping Ratio Weighted Average Selling Price (x
Slide 16: Key Financial Highlights
Key Financial Highlights Revenue and Growth Gross Profit and Margins (IDR bn) (IDR bn) 38.5% 8.7% 2.9% 1.4% (20.9%) 43.7% 40.4% 34.9% 35.1% 27.4% 8,507 8,546 21,167 21,789 7,612 19,471 16,254 5,705 12,849 3,521 FY2017 FY2018 FY2019 9M19 9M20 FY2017 FY2018 FY2019 9M19 9M20 Revenue (IDR bn) Growth (%)
Slide 17: Key Financial Highlights (Cont.)
Key Financial Highlights (Cont.) Sales Breakdown by Country(1) Cost Breakdown Sparepart; 3% Vietnam, 2% Thailand, Fuel & Com Dev; 2% China, 2% Lubricants; 3% 3% Others; 6% Korea, 4% Malaysia, 2% rental of heavy (2) equipment; 4% Hongkong, 6% Others, 4% Third party Taiwan, 7% services; 5% India, 14%
Slide 18: 3. Company Overview
3. Company Overview 17
Slide 19: Company Overview
Company Overview Captive Market for Domestic Market Expanding Railways Capacity and New Ports Development Projects Financial Strength and High Dividend Payout Ratio 18
Slide 20: Captive Market for Domestic Market
Captive Market for Domestic Market Domestic coal consumption expected to grow at ~12.6% (1) Coal remains the key source of Indonesia’s energy over time(3) ◼ Overall coal domestic consumptions is expected to grow at 12.6%, largely ◼ Indonesia's energy mix is expected to undergo a transformation over
Slide 21: Expanding Railway Capacity and New Ports
Expanding Railway Capacity and New Ports Railway Existing (Upgraded) - TE – Kertapati : 7 Mtpa (2021) Kertapati Barging Port New Port & Railway Project : Development to Northern South Sumatera Kramasan to Kramasan Port (PTKAI) Muara Enim Port (PTKAI) Capacity: 20 Mtpa (2024) Prabumulih Tanjung Enim
Slide 22: Expanding Railway Capacity and New Ports (Cont.)
Expanding Railway Capacity and New Ports (Cont.) Optimization of Railway Capacity and Future Expansion Railway Volume Projects Mt Estimated Capacity Previous Capacity Upgrade 12% 21% 6% 7% -5% New Railway Projects Tanjung Enim – Kramasan n.a. 20 Mtpa (2024) 22.7 24.2 23.0 (PT KAI) 21.4 17.7 Tarahan
Slide 23: Development Projects – Power Plants
Development Projects – Power Plants Total Power Plants ~ 1,500 MW Rooftop Solar PV AP II 241 kWp Soekarno Hatta Location: Airport COD: 2020 PTBA: 50% Investment: USD 194,400 Sumsel-8 CFPP 2x620 MW Location: Central Banko Coal 5.4 Mtpa Consumption: COD: 2021/22 PTBA: 45% Investment: USD 1.68bn Banjar
Slide 24: Development Projects – Coal to Chemical
Development Projects – Coal to Chemical Coal to Chemical Plant (Produce 1.4 million ton DME) Product : DME Coal Consumption : 6 Mtpa 23
Slide 25: Financial Strength and High Dividend Payout Ratio
Financial Strength and High Dividend Payout Ratio (2) Total Revenue, Net Profit and Net Profit Margin Minimal Debt (1) with Overall Net Cash Position (IDR bn) (IDR bn) 14% 23% 24% 19% 13% 4,901 1,306 2,582 5,469 4,126 21,167 21,789 19,471 6,301 5,389 14,059 4,757 12,849 3,675 3,555 2,369 4,476 5,024
Slide 26: For More Information / Disclaimer
For More Information : Contact : Finoriska Citraning Position : Investor Relations Manager Address : PT Bukit Asam Tbk Menara Kadin, 15th Foor, Jl. Rasuna Said, Blok X-5 Kav. 2 & 3, Jakarta 12950 Indonesia Telephone : +62 21 5254014 Facsimile : +62 21 5254002 E-mail : [email protected] Webs