PT Acset Indonusa Tbk · IDX:ACST
PT Acset Indonusa Tbk — Q1 2017 Earnings Presentation
36 slides from PT Acset Indonusa Tbk's earnings presentation, Nov 6, 2017
Slide 1: Performance Update Q1 2017
PT Acset Indonusa Tbk Performance Update Q1 2017 Integrated Construction Company
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, Q1 2017 3
Slide 4: Company Profile
Company Profile Performance Update, Q1 2017 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, Q1 2017 6
Slide 7: Part of Indonesia’s Largest Business Group
Part of Indonesia’s Largest Business Group Manufacture & Distribution (Market Share 56% for cars and 74% for motorcycles) Construction Machinery Market Leader Banking, general and life insurance, (32% market shares) leasing company Mining Contracting An Integrated Construction Company Market Leader
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 Bakauheni-Sidomulyo Toll Terbanggi Besar-Kayu Road, Lampung Agung Toll Road, Lampung Mixed-use development Kebon Sirih, Jakarta Millenium Centennial Tower, Jakarta Soil Improvement Work, Batang, Central Java Astra Biz Centre, BSD Sedayu City, Kelapa Gading, Jakarta Grand Mansion, J
Slide 10: Management
Management ACSET is managed by a dedicated professional, experienced team. BOARD OF COMMISSIONERS BOARD OF DIRECTORS JEFFREY GUNADI GIDION HASAN YOHANES EKA CHANDRAWIJAYA President PRAYUDA Commissioner President Director Director TAN TIAM SENG DAVID IMAN RONNIE ELLYJAWATI SENTOSA Director Commission
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, Q1 2017 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, Q1 2017 14
Slide 15: Civil Engineering Works
Civil Engineering Works Performance Update, Q1 2017 15
Slide 16: Bored Piling & Diaphragm Wall
Bored Piling & Diaphragm Wall Performance Update, Q1 2017 16
Slide 17: Infrastructure Works
Infrastructure Works Performance Update, Q1 2017 17
Slide 18: Marine Works
Marine Works Performance Update, Q1 2017 18
Slide 19: Slipforming & Formwork System
Slipforming & Formwork System Performance Update, Q1 2017 19
Slide 20: Demolition Works
Demolition Works Performance Update, Q1 2017 20
Slide 21: Current Project Portfolio: Foundation Projects
Current Project Portfolio: Foundation Projects 18 1. Indonesia 1, Jakarta 15. Pacific Place, Jakarta 2. Millenium Centennial Tower, 16. Plaza Sudirman, Jakarta Jakarta 17. Pasar Tanah Abang (blocks A 21 19 3. Taman Anggrek Residences, and B), Jakarta 20 Jakarta 18. Estella Residential 4. Mangkuluhur
Slide 22: Current Project Portfolio: Structural Projects
Current Project Portfolio: Structural Projects 1. Indonesia 1, Jakarta 15. BG Junction Supermall Pakuwon, 17 2. Millenium Centennial Tower, Surabaya Jakarta 16. Supermall PTC Pakuwon Indah, 14 3. Thamrin Nine, Jakarta Surabaya 18 15 19 16 4. District 8 Mixed-Use and 17. Sun Plaza, Medan 20 21 Langha
Slide 23: Current Project Portfolio: Civil & Infrastructure
Current Project Portfolio: Civil & Infrastructure 4 3 18 6 17 12 1 16 2 13 11 15 5 9 14 10 8 7 1. Tanjung Priok Access Road (phase II), Jakarta 12. Construction of toll gate and transaction line, Balaraja 2. Blending silo of PT Semen Gresik Rembang, Central Java Timur and Cilegon Barat, Banten 3. Si
Slide 24: Current Project Portfolio: Demolition Projects
Current Project Portfolio: Demolition Projects 1. CIMB Niaga & Sequis Office Building, Jakarta 1 2. International Financial Center Tower II Car Park, 2 Jakarta Performance Update, Q1 2017 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, Q1 2017 25
Slide 26: Financial Highlights
Financial Highlights Performance Update, Q1 2017 26
Slide 27: Revenue by Sector, 2016-2017
Revenue by Sector, 2016-2017 ACSET’s Revenue by Sector, Q1 ‘17 (in IDR billion) ACSET’s Revenue by Sector, Q1 ‘16 (in IDR billion) 5 3 9 169 280 498 Construction Sector Foundation Sector Others Construction Sector Foundation Sector Others Performance Update, Q1 2017 27
Slide 28: Annual Revenue by Sector, 2013-2017
Annual Revenue by Sector, 2013-2017 ACSET’s Annual Revenue by Sector, 2013-Q1 2017 (in % breakdown) 1% 5% 5% 1% 19% 37% 47% 33% 98% 76% 63% 62% 53% 2013 2014 2015 2016 Q1 '17 Construction Sector Foundation Sector Others Performance Update, Q1 2017 28
Slide 29: Revenue Comparison by Sector, Q1 2016-Q1 2017
Revenue Comparison by Sector, Q1 2016-Q1 2017 ACSET’s Annual Revenue by Sector Comparison of Q1 ‘16 & Q1 ‘17 (in % breakdown) 1% 2% 1% 37% 98% 61% Q1 '16 Q1 '17 Construction Sector Foundation Sector Others Performance Update, Q1 2017 29
Slide 30: Net Income, 2013-Q1 2017
Net Income, 2013-Q1 2017 Net Income, 2013-Q1 ‘17 (in IDR billion) 120 100 105 99 Net income (IDR billion) 80 60 68 40 42 31 20 19 0 2013 2014 2015 2016 Q1 '16 Q1 '17 Performance Update, Q1 2017 30
Slide 31: Financial Highlights, 2013–Q1 2017
Financial Highlights, 2013–Q1 2017 In IDR million 2013 2014 2015 2016 Q1 ‘16 Q1 ‘17 Net revenue 1,014,502 1,350,908 1,356,868 1,794,002 457,683 506,221 Gross profit 207,686 248,939 224,374 279,639 73,038 78,244 Gross profit margin 20.5% 18.4% 16.5% 15.6% 16% 15.4% Operating profit 152,919 176,710 13
Slide 32: New Contracts 2013-Q1 2017
New Contracts 2013-Q1 2017 6,910 3,088 3,773 2,382 1,621 606 2013 2014 2015 2016 Q1 ‘16 Q1 ‘17 4% Notable New Contracts, Q1 2017 as follows: Q1 2017 • Toll Jakarta – Cikampek II Elevated Project • Toll Terbanggi Besar – Kayu Agung Project • Toll Bakauheni – Sidomulyo Project Others: • Soil Improveme
Slide 33: Business Strategy & Updates
Business Strategy & Updates Performance Update, Q1 2017 33
Slide 34: 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 35: 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 36: 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). Performance Update, Q1 2017 36