Pt Summarecon Agung Tbk · IDX:SMRA
Pt Summarecon Agung Tbk — Investor Presentation (January 2023)
29 slides from Pt Summarecon Agung Tbk's investor presentation, January 2023
Slide 1: PT Summarecon Agung Tbk – January 2023
summarecon Wonderful Lite - Wondertul World PT SUMMARECON AGUNG Tbk January 2023 Content Company Profile + Corporate Information, Shareholders + Management Team + Principal Business Activities + Project Locations + Landbank & Projected Acquisitions Property Development + Marketing Sales by Locations
Slide 2: Corporate Information
summarecon Wonderful Life - Wonderful 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 @ 31/Dec/2022 : Rp 605 /Share Net Bo
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 upper-strata economic wealth a New Guinea iy oe rR Banda Islands Metropolitan Jakarta (JABODETABEK} Location / (Population Ranking based on 2020 Census of 100 cities) 1. Kelapa Gading, North Jakarta 2. Serpong, South Tange
Slide 5: Marketing Sales by Location and Product Type
summarecon Wonderful Life - Wonderful World B. Property Development Marketing Sales by Location 6,000 5,000 | — 4, ‘7 2018A =. 2019A 6,000 5,000 ee 2018A =. 20194 YoY 22% lll 000 s 3 3,000 3. é 2,000 -— 1,000 oo — ; -20% 2020A Marketing Sales by Product Type 000 1,000 = : | O oe ——__ — 2020A 59% -6%
Slide 6: Product Price Range & Customer Payment Profile
Property Development : Product Price Range & Customer Payment Profile Marketing Sales by Product Price Range 5,000 2017A 2018 Customer Payment Profile 100% 90% Rp'billion a 3 e 2017A 2018A 2019A 20194 2021A 2020A 20224 2020A 2021A 2022A PRODUCT PRICE |_2017A Actual Rp'bn Actual Rp'bn Rp'bn Rp’ Rp 2-
Slide 7: Summarecon Kelapa Gading
Property Development : Summarecon Kelapa Gading (in Greater Jakarta) proiees|ieronder name pens 1st Launch | Completion — — pe soe Rp'bn Rp'bn Rp'bn Rp'mn Kensington Royal Suites [A-C] Apartment Sep-14 Sep-18 1,475 (1,361) 114 453 (418) 35) 3,256 92% Kensington Royal Suites [D] Apartment Apr-15 Apr-
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 Goldfinch [Ext] House Mar-15 Mar-17 81 (73) 8 20 (18) 2 4,050 90% Flamingo [Ext] House Aug-17 Aug-19 698 (577) 121 236 (195) 41 2,958
Slide 9: Summarecon Bekasi
Property Development : Summarecon Bekasi (in Greater Jakarta) O ) O OME ONGO PRO ° _ pe Date Date ota old Ba Total __ Sold Bal a Rp'bn Rp'bn Rp'bn Rp'mn SpringLake [D] Apartment Jul-14 Jul-18 380 (373) 7 778 (764) 14 488 98% SpringLake View [E] Apartment Aug-15 Aug-19 384 (310) 74 856 (691) 165 449
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-22 603 (581) 22 140 (135) 5 4,307 96% Flora House Sep-20 Mar-23 734 (673) 61 408 (374) 34 1,79
Slide 11: Summarecon Bogor
Property Development : Summarecon Bogor (in Greater Jakarta) PROJECT DEVELOPMENT VALUE (SOME ONGOING PROJECTS) Project | Cragin Product 1st Launch | Comple' 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-23 563 (563) 0
Slide 12: Investment Property: Shopping Malls
summarecon Wonderful Life - Wonderful World C. Investment Property D. Hospitality Business E. Leisure, Education & Others ¢ 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 revenues
Slide 13: Investment Property: Shopping Malls
INVESTMENT PROPERTY : Shopping Malls SHOPPING MALL | Average Rent | Service Charge Visitor Traffic RETAIL CENTER Occupancy m2 / Month m2 / Month UGHELLES Pax / Year |Summarecon Mall Kelapa Gading 150,000 m? 112,000 m? 93% Rp 340,000 Rp 159,000 50% ~ 600+ FY-2022* 21.0Mn FY-2021* 12.0Mn |Summarecon M
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 Se Sekolah Islam Al Azhar The Springs Club Recreation center with sports and ba
Slide 15: Financials: Consolidated
FINANCIALS : Consolidated CONSOLIDATED FINANCIAL YEAR ENDE! ist 2 Yrs INCOME STATEMENTS Varionce REVENUE 5,641 5,661 5,942 5,030 5,568 11% 3,790 4,212 11% GROSS PROFIT 2,803 2,953 3,047 2,502 2,801 12% 1,893 2,301 22% OVERHEADS (1,127) (1,103) _ (1,180) (950) (980) (701) (839) - Selling Expense (339
Slide 16: Financials: EBITDA Business Segment
Financials : EBITDA Business Segment FINANCIAL YEAR ENDED: Last 2 Yrs EBITDA 1,676 1,850 1,867 1,552 1,822 17% 1,191 1,462 23% Property Development (PDV) 861 931 885 1,267 1,446 14% 981 845 -14% Investment Property (IVP) 743 785 865 341 410 20% 248 626 152% Leisure & Hospitality (L&H) 17 87 78 (12)
Slide 17: Income Statement Property Development Business
Financials : Income Statement Property Development Business Last 2 Yrs Variance PERIOD ENDED: | vanane | REVENUE 3,603 3,436 _3,617__—3,670 «4,148 = 13% 2,841 2,661 6% “abl Houses 810 1,823 2,228 «1,991 2,723 37% 1,958 1,312 -33% Improved profitablity Shops 234 123 681 627 444 -29% 302 639 112% cont
Slide 18: Property Development Business (By Location)
Financials : Property Development Business (By Location) PROPERTY DEVELOPMENT. FINANCIAL YEAR ENDED: Last 2 Yrs PERIOD ENDED: GEOGRAPHIC LOCATION Dec/2017 | Dec/2018 | Dec/2019 | Dec/2020 | Dec/2021 | Variance ‘Sep/2021 | Sep/2022 | variance REVENUES 3,603 3,436 3,617 3,670 4,148 13% 2,841 2,661 -6%
Slide 19: Income Statement Investment Property Business
Financials : Income Statement Investment Property Business INCOME BY BUSINESS SEGMENT FINANCIAL YEAR ENDED: st 2 Yrs Variance Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 1,400 1,492 1,599 894 918 3% 600 1,051 Mall & Retail properties 1,330 1,414 1,521 817 835 2% 540 980 Office properties 27 31
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 354 422 423 153 183 20% 115 231 102% Leisure 71 77 75 27 35 32% 22 35 58% Hospitality (Hotels) 283 344 348 127 148 17% 92 196 112% GROSS PROFIT 96 161 168 9 22
Slide 21: Balance Sheet Summary
Financials : Balance Sheet Summary SUMMARY CONSOLIDATED FINANCIAL YEAR ENDED: Last 2 Yrs J -PERIODENDED: _—| BALANCE SHEETS Variance Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Cash & Cash Equivalents 1,474 1,534 1,664 1,656 2,774 67% 2,086 3,038 46% Inventories 6,498 7,890 8,514 9,187 9,254 1% 9,025
Slide 22: Non-land Capital Investments
Non-land Capital Investments NON-LAND Indicative CAPITAL INVESTMENTS LAE inetd neers) Rp'bn Rp'bn Rp'bn Rp'bn Summarecon Villaggio Jakarta Luxury Outlet 3Q 2023 160 30 110 20 Summarecon Mall Bandung 4Q 2023 700 105 315 280 860 135 425 300 Summarecon Villaggio Jakarta Luxury Outlet will be the first
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
¢ 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.
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 Scinntia Garden, kawasan seluas 200 ha yang ikembangkan Ueogay konsep Smart amd Greon Enviconment, yang mongintograsikan antara fasiltas pendigikan, perkantoran, area Komersial, pusat perbelanjaan gadget dan Komputer, serta ruang ruang terbuka hijau ya
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) Tyee -E Paket Pengembangan ; Laie ae Land / Building Size : Land / Building Size : Land / Building Size : 66 m2 /62
Slide 29: End of Presentation
End of Presentation 57
PT Summarecon Agung — Investor Presentation (January 2023) on 6ix