Pt Summarecon Agung Tbk · IDX:SMRA
Pt Summarecon Agung Tbk — Investor Presentation (August 2023)
29 slides from Pt Summarecon Agung Tbk's investor presentation, August 2023
Slide 1: PT Summarecon Agung Tbk - Contents
summarecon wai hen PT SUMMARECON AGUNG Tbk EEE Ie Content Company Profile + Corporate Information, Shareholders + Management Team + Principal Business Activities + Project Locations + Landbank & Projected Acquisitions Property Development + Marketing Sales by Locations & Product Type + Product Price
Slide 2: Corporate Information
want summarecon Wonderful Lite « Wondertul World A. Company Profile CORPORATE INFORMATION CORPORATE INFORMATION Incorporated : 26/Nov/1975 Listing Date : 7/May/1990 Ticker : SMRA:1J Share Value (Nominal) : Rp 100 /Share Total Shares Issued : 16,508,568,358 Share Price @ 30/Jun/2023 : Rp 660 /Share N
Slide 3: Management Team and Principal Business Activities
MANAGEMENT TEAM (Boards of Commissioners & Directors) Seated (L-R) : Nanik Widjaja (D-Corporate Services), Adrianto P. Adhi (President Director), Liliawati Rahardjo (Managing Director), Soetjipto Nagaria (President Commissioner), Ge Lilies Yamin (C-Independent), Lydia Tjio (D-Finance) Standing (L-R)
Slide 4: Project Locations (Townships)
PROJECT LOCATIONS (TOWNSHIPS) All projects are in high density locations with Sulawesi upper-strata economic wealth (Celeties) ‘ ‘ erm Kalimantan (Borneo) Banda Islands Metropolitan Jakarta (JABODETABEK) Location / (Population Ranking based on 2020 Census of 100 cities) 1. Kelapa Gading, North Jakar
Slide 5: Marketing Sales by Location and Product Type
summarecon Wonderful Lite « Wondertul World B. Property Development Marketing Sales by Location 6,000 YoY 22% 5,000 4,000 > — s 3,000 + 2 2,000 - 1,000 ~ ot 2018A 2019A 5,000 - = {i}, 2019A 20% 20200 Marketing Sales by Product Type 2020A willl, 2021A 2021A 2022A =. 2023T 2023A 2022A ~ 20231 20234 SA
Slide 6: Product Price Range & Customer Payment Profile
Property Development : Product Price Range & Customer Payment Profile Marketing Sales by Product Price Range 6,000 20208 2021A 5,000 + 2018A 20198 4,000 3,000 = @ 2,000 1,000 2023A Customer Payment Profile 2 2018A 20198 20200 20210 90% 2022A 2023A PRODUCT PRICE |_2018A Actual Actual Rp'bn—Rp’bn_—Rp'
Slide 7: Summarecon Kelapa Gading
Property Development : Summarecon Kelapa Gading (in Greater Jakarta) ; Product 1st Launch | Completion No. of Units % sold P Pp N roject | Product Name Type Total _ Sold (Value) Rp'bn Rp'bn Rp'bn Rp'mn Kensington Royal Suites [A-C] Apartment Sep-14 Sep-18 1,474 (1,367) 107 453 (420) 33 3,254 93% Ken
Slide 8: Summarecon Serpong
Property Development : Summarecon Serpong (in Greater Jakarta) O D Oo OME ONGO PRO o od pe Date Date ota old Ba Total Sold Bal aus Rp'bn Rp'bn Rp'bn Rp'mn The Springs Flamingo [Ext] House Aug-17 Aug-19 774 (662) 112 256 (219) 37 3,023 86% Rainbow Springs Apartment Aug-19 Feb-22 1,229 (1,214) 15 740
Slide 9: Summarecon Bekasi
Property Development : Summarecon Bekasi (in Greater Jakarta) O ) O OME ONGO PRO Prod 2 ompletio No. of Units asP | | % sold ° i pe Date Date ota old Ba Total __ Sold Bal a Rp'bn Rp'bn Rp'bn Rp'mn SpringLake [D] Apartment Jul-14 Jul-18 381 (379) 2 778 (773) 5 490 99% SpringLake View [E] Apartment Au
Slide 10: Summarecon Bandung
Property Development : Summarecon Bandung (in West Java) Gevie: | Gaerne Product 1st Launch | Completion No. of Units % sold Type Date Date Total Sold (Value) Rp'bn Rp'bn Rp'bn Rp'mn Emily House Nov-19 May-22 614 (605) 9 140 (138) 2 4,386 99% Flora House Sep-20 Mar-23 740 (729) 11 408 (402) 6 1,814
Slide 11: Summarecon Bogor
Property Development : Summarecon Bogor (in Greater Jakarta) PROJECT DEVELOPMENT VALUE (SOME ONGOING PROJECTS) Project | Cragnnn Product 1st Launch | Completion | Development Value it ASP | % sold Type Date Date Total Sold Bal si Uni (Value) Rp'bn Rp'bn Rp'bn Rp'mn Mahogany House Oct-20 Apr-23 566 (
Slide 12: Investment Property: Shopping Malls
summarecon Wonderful Life - Wondertul World C. Investment Property D. Hospitality Business E. Leisure, Education & Others gq INVESTMENT PROPERTY : Shopping Malls At present, Summarecon owns and operates 3 shopping malls with total GFA of more than 300,000 m2, generating significant recurring revenue
Slide 13: Investment Property: Shopping Malls
INVESTMENT PROPERTY : Shopping Malls SHOPPING MALL | Average Rent | Service Charge | 0 of Ma Visitor Traffic Occupancy eu Glue m2 / Month m2/ Month | Revenues Pax / Year |Summarecon Mall Kelapa Gading 150,000 m? 112,000 m2? 93% Rp 340,000 Rp 159,000 50% ~ 600+ FY-2022* 21.0Mn FY-2021* 12.0Mn |Summar
Slide 14: Leisure, Education & Others
¢ LEISURE, EDUCATION & OTHERS Sports Club Klub Kelapa Gading Pradita University Education center that focuses on the field of property & hospitality Largest sports club in Jakarta with various facilities for field sports | The Springs Club Sekolah Islam Al Azhar Recreation center with sports and ban
Slide 15: Financials: Consolidated
FINANCIALS : Consolidated CONSOLIDATED FINANCIAL YEAR ENDE! Last 2 Yrs INCOME STATEMENTS veraneg Bscarioss [rao | vavane_| REVENUE 5,661 5,942 5,030 5,568 5,719 3% 2,729 2,964 9% GROSS PROFIT 2,953 3,047 2,502 2,801 3,199 14% 1,549 1,641 6% OVERHEADS (1,103) _ (1,180) (950) (980) (1,232) (520) (601)
Slide 16: EBITDA and EBIT by Business Segment
Financials : EBITDA Business Segment Nee acaara | paysons | os/sose (oes 2037 [boc aoa] FINANCIAL YEAR ENDED: Last 2 Yrs Variance EBITDA 1,850 1,867 1,552 1,822 1,967 8% 1,029 1,040 1% Property Development (PDV) 931 885 1,267 1,446 1,124 -22% 637 521 -18% Investment Property (IVP) 785 865 341 410 82
Slide 17: Income Statement: Property Development Business
Financials : Income Statement Property Development Business _ INCOME BY BUSINESS SEGMENT Co PERIOD ENDED: | vanane | Rp'bn Rp'bn Rp'bn Rp'bn Rp’br Rp'br Rp'bn REVENUE 3,436 3,617 3,670 4,148_—3,529 -15% 1,743 1,745 “te bi Houses 1,823 2,228 1,991 «2,723 «1,750 -36% 813 1,203 48% [improved profitabli
Slide 18: Property Development Business (By Location)
Financials : Property Development Business (By Location) GEOGRAPHIC LOCATION Variance Rotor Rp’bn REVENUES 3,436 3,617 3,670 4,148 ~— 3,529 -15% 1,743 1,745 SKLG Kelapa Gading 287 251 680 247 202 -18% 86 33 -61% SSPG Serpong 1,997 1,313 1,463_——2,243 1,589 = -29% 950 660 -30% SBKS Bekasi 333 388 610
Slide 19: Income Statement: Investment Property Business
Financials : Income Statement Investment Property Business st 2 Yrs | _-PERIODENDED: —_—| | _-PERIODENDED: —_—| Jun/2022 jJun/2023 INVESTMENT PROPERTY Dec/2018 c/2019 | Dec/2020 | Dec/2021 | Dec/2022 Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 1,492 1,599 894 918 1,481 61% 682 820 20% Mall & R
Slide 20: Income Statement: Leisure & Hospitality Business
Financials : Income Statement Leisure & Hospitality Business INCOME BY BUSINESS SEGMENT EV Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 422 423 153 183 346 89% 130 212 64% Leisure 77 75 27 35 52 49% 22 29 32% Hospitality (Hotels) 344 348 127 148 294 98% 108 184 70% GROSS PROFIT 161 168 9 110 11
Slide 21: Balance Sheet Summary
Financials : Balance Sheet Summary SUMMARY CONSOLIDATED FINANCIAL YEAR ENDED: Last 2 Yrs | _PERIODENDED: _| BALANCE SHEETS Variance Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Cash & Cash Equivalents 1,534 1,664 1,656 2,774 3,143 13% 3,247 3,214 Inventories 7,890 8,514 9,187 9,254 9,960 8% 9,685 10,31
Slide 22: Non-land Capital Investments
Non-land Capital Investments NON-LAND Indicati CAPITAL INVESTMENTS FY-2021 | FY-2022 | FY-2023 n Rp'bn Rp'bn Rp'bn Summarecon Villaggio Jakarta Outlet 4Q 2023 160 30 110 20 Summarecon Mall Bandung 1Q 2024 700 105 315 280 860 135 425 300 Summarecon Villaggio Jakarta Outlet Located in East Karawang, i
Slide 23: Our Business Model
¢ Our Business Model Build Integrated Townships with both residential and commercial complexes, and associated infrastructure like roads, water treatment plants for potable water supply, drainage and sewage facilities, energy distribution, education institutions, hospitals, retail centers, places of
Slide 24: Outlook for the Year
gq Outlook for the Year ™ From the macroeconomic perspectives, the Indonesia’s economy in general in 2023 is predicted to face soft headwind impacted from the global uncertainty risks. The global risks which might affect to Indonesia’s economy are mostly coming from the Russian-Ukraine war, higher c
Slide 25: To contact us / Disclaimer
To contact us. Investor Relations Jemmy Kusnadi Corporate Secretary / Head of Investor Relations [email protected] Michael Yong Finance Advisor [email protected] PT Summarecon Agung Tbk Plaza Summarecon, JI. Perintis Kemerdekaan No. 42 Jakarta 13210, Indonesia Tel : + 62 21 4714567, Fax
Slide 26: Pernyataan Sanggahan
Pernyataan Sanggahan Presentasi ini disiapkan oleh PT Summarecon Agung Tbk (“Perusahaan”) untuk tujuan informasi saja dan tidak boleh dianggap sebagai penawaran atau ajakan untuk membeli atau memiliki berbagai jenis surat berharga Perusahaan. Dokumen yang telah disiapkan dan disediakan ini bersifat
Slide 27: A Typical Residential Product (sample)
¢ A Typical Residential Product (sample) garden Scientia Garden, kawasan seluas 200 ha yang dikembangkan deuyen konvep Smart amd Green Environment, yang mengintegrasikan antara fasiltas pendidikan, perkantoran, arsa Komersial, pusat perbeianjaan gadget dan komputer, serta ruang ruang terbuka hijau y
Slide 28: Marketing Brochure (sample)
Marketing Brochure (sample) Land : 66m2 Land : 77m2 Building GFA : 62 —68 m2 Building GFA : 73 —78 m2 Price : ~Rp 1.1 bn each Price : ~Rp 1.4bn each 55 ¢ Marketing Brochure (sample) bs 1 type-E Paket Pengembangan sie Land / Building Size : Land / Building Size : Land / Building Size : 66 m2 /62 m2 6
Slide 29: End of Presentation
End of Presentation 57
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