ADHI Adhi Karya (Persero) Tbk.

[S]

COMPANY REPORT : JULY 2015

Main Board
Industry Sector : Property, Real Estate And Building Construction (6)
Industry Sub Sector : Building Construction (62)

As of 31 July 2015
Individual Index
:
Listed Shares
:
Market Capitalization :

1,533.333
1,801,320,000
4,143,036,000,000

152 | 4.14T | 0.08% | 92.10%

23 | 15.7T | 1.07% | 52.28%

COMPANY HISTORY
Established Date
: 11-Mar-1960
Listing Date
: 18-Mar-2004
Under Writer IPO :
PT Ciptadana Sekuritas
Securities Administration Bureau :
PT Datindo Entrycom
Puri Datindo - Wisma Sudirman
Jln. Jend. Sudirman Kav. 34 - 35, Jakarta 10220
Phone : (021) 570-9009
Fax
: (021) 570-9026
BOARD OF COMMISSIONERS
1. Imam Santoso Ernawi
2. Bobby AA. Nazief
3. Hironimus Hilapok *)
4. Muchlis R. Luddin *)
5. Rildo Ananda Anwar
6. Wicipto Setiadi
*) Independent Commissioners
BOARD OF DIRECTORS
1. Kiswodarmawan
2. Adji Satmoko
3. Pundjung Setya Brata
4. Djoko Prabowo
5. Giri Sudaryono
6. Supardi
AUDIT COMMITTEE
1. Muchlis R. Luddin
2. Mukti Wibowo
3. Syaiful
CORPORATE SECRETARY
Ki Syahgolang Permata
HEAD OFFICE
Jln. Raya Pasar Minggu Km.18
Jakarta - 12510
Phone : (021) 797-5312
Fax
: (021) 797-5311
Homepage
Email

: www.adhi.co.id
: kiki@adhi.co.id

SHAREHOLDERS (July 2015)

1. Negara Republik Indonesia
2. Public (<5%)

918,680,000 :
882,640,000 :

DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
2003
2005
2005
2006
2008
2009
2010
2011
2012
2013
2014

Shares

Dividend
12.30
19.56
12.98
10.61
11.51
28.26
32.35
30.33
23.49
67.61
35.98

Cum Date
07-Jul-04
17-Jun-05
20-Jul-06
17-Jul-07
02-Jul-09
30-Jun-10
04-Jul-11
05-Jun-12
13-May-13
04-Apr-14
27-Mar-15

Ex Date
08-Jul-04
20-Jun-05
21-Jul-06
18-Jul-07
03-Jul-09
01-Jul-10
05-Jul-11
06-Jun-12
14-May-13
07-Apr-14
30-Mar-15

Recording
Date
12-Jul-04
22-Jun-05
25-Jul-06
20-Jul-07
07-Jul-09
05-Jul-10
07-Jul-11
08-Jun-12
16-May-13
10-Apr-14
01-Apr-15

51.38%
48.62%

Payment
Date
23-Jul-04
06-Jul-05
08-Aug-06
03-Aug-07
22-Jul-09
19-Jul-10
20-Jul-11
22-Jun-12
29-May-13
25-Apr-14
22-Apr-15

F/I
F
F
F
F
F
F
F
F
F
I

ISSUED HISTORY
No.
1.
2.
3.
4.

Type of Listing
First Issue
Company Listing
Employee Management Buy Out (EMBO)

Employee Stock Allocation (ESA)

Shares
397,188,000
918,680,000
441,320,000
44,132,000

Listing
Date
18-Mar-04
18-Mar-04
18-Mar-04
18-Mar-04

Trading
Date
18-Mar-04
18-Mar-04
03-Jul-06
26-Jun-04

ADHI Adhi Karya (Persero) Tbk. [S]

Closing
Price*

Volume
(Mill. Sh)

4,000

240

3,500

210

3,000

180

2,500

150

2,000

120

1,500

90

1,000

60

500

30

Jan-11

Jan-12

Jan-13

Jan-14

Jan-15

Closing Price*, Jakarta Composite Index (IHSG) and

Property, Real Estate and Bulding Construction Index
January 2011 - July 2015
330%
275%
220%
165%

150.0%
147.2%

110%
55%
28.8%
-55%
-110%

Jan 11

Jan 12

Jan 13

Jan 14

Jan 15

SHARES TRADED

2011

2012

2013

2014

Jul-15

Volume (Million Sh.)

Value (Billion Rp)
Frequency (Thou. X)
Days

1,468
989
87
247

2,209
2,571
105
246

5,112
11,472
341
244

6,662
18,415
667
242

2,935
8,734
418
142

930
435
580
580

2,100
570
1,760
1,760

4,000
1,460
1,510
1,510

3,625
1,425
3,480
3,480

3,870
1,910
2,300
2,300

14.84
17.34
2.68

6.70
9.57
1.76

46.54
16.29
4.10

29.41
17.42
2.57

Price (Rupiah)
High
Low
Close
Close*

5.72
PER (X)
11.09
PER Industry (X)
1.05
PBV (X)
* Adjusted price after corporate action

Closing Price

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Adhi Karya (Persero) Tbk. [S]
January 2011 - July 2015

Month
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11

High
930
850
850
900
830
800
820
720
610
580
520
640

Low
760
750
760
820
740
740
700
510
450
455
445
435

Close
790
830
840
820
780
800
710
580
510
530
460
580

(X)
4,882
3,295
6,687
14,093
5,278
3,127
6,361
6,573
4,259
6,873
13,367
11,915

Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

720
750
800
1,040
1,140
1,010
1,050
960
1,090
1,440
1,910
2,100

570
680
700
750
940
860
860
830
870
1,000
1,360
1,630

690
710
800
990
970
990
910
900
1,040
1,410
1,890
1,760

8,235
4,743
4,622
11,373
7,410
3,027
4,409
4,771
5,588
12,885
13,164
24,655

193,549
129,177
107,316
306,721
202,611
59,294
84,526
85,274
119,462
284,217
272,742
363,628

126,624
92,626
79,249
280,632
210,502
56,177
79,675
76,887
116,886
345,507
431,698
674,866

21
21
21
20
21
21
22
19
20
22
20
18

Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13

2,150
2,650
3,175
3,175
3,925
4,000
3,375
3,200
2,275
2,150
1,970
1,780

1,730
1,990
2,400
2,700
2,950
3,100
2,400
1,690
1,510
1,830
1,570
1,460

2,000
2,575
3,100
2,975
3,900
3,325
3,075
1,980
2,025
1,950
1,600
1,510

25,820
17,280
17,226
19,520
22,507
27,380
26,992
22,891
71,392
44,551
22,975
22,832

386,992
317,854
224,360
242,917
284,753
298,365
292,062
227,303
1,395,702
759,652
298,528
383,774

740,424
723,135
635,962
711,019
931,777
1,054,227
856,830
516,385
2,639,571
1,504,721
524,666
633,407

21
20
19
22
22
19
23
17
21
21
20
19

Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14

1,850
2,390
3,110
3,335
3,340
3,150
3,420
3,230
3,160
2,920
2,810
3,625

1,425
1,755
2,275
2,675
2,950
2,620
2,725
3,025
2,740
2,320
2,435
2,780

1,780
2,340
2,995
2,985
3,130
2,785
3,110
3,070
2,765
2,755
2,780
3,480

34,825
51,624
53,545
86,169
50,309
45,534
77,411
40,426
30,838
58,999
56,416
81,342

523,862
769,177
573,781
890,637
514,322
320,944
678,458
298,984
165,105
424,212
568,723
933,533

885,065
1,595,184
1,597,729
2,676,720
1,636,032
925,441
2,147,006
938,382
494,676
1,142,279
1,501,669
2,875,053

20
20
20
20
18
21
18
20
22
23
20
20

Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15

3,780
3,870
3,475
3,180
2,940
2,540
2,795

3,320
3,330
2,990
2,680
2,490
1,910
2,010

3,695
3,440
3,055
2,765
2,505
2,020
2,300

64,117
64,269
49,578
47,276
43,538
59,436
89,892

576,447
520,481
297,973
291,008
232,483
343,741
672,513

2,067,005
1,843,502
949,746
876,099
639,163
745,375
1,613,341

21
19
22
21
19
21
19

(Thou. Sh.) (Million Rp)

113,072
95,505
75,255
60,185
80,322
98,898
148,957
172,522
95,026
75,050
53,179
40,725
100,864
75,362
119,233
70,518
60,629
33,605
84,676
45,079
134,909
65,650
359,328
198,452

21
18
23
20
21
20
21
19
20
21
22
21

ADHI Adhi Karya (Persero) Tbk. [S]

Financial Data and Ratios

Book End : December

Public Accountant : Aryanto, Amir Jusuf, Mawar & Saptoto (Member of RSM International)
Dec-11

Dec-12

Dec-13

Dec-14

Jun-15

552,203

948,846

1,939,960

811,412

799,984

Receivables

1,657,080

2,332,098

2,705,085

3,214,051

3,030,056

Inventories

68,562

116,552

161,560

132,014

165,353

Investment

197,644

62,804

60,034

45,250

329,883

Fixed Assets

220,861

187,437

271,257

496,096

594,384

65,081

27,893

30,547

BALANCE SHEET

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash & Cash Equivalents

Other Assets
Total Assets

Assets

18,154

34,248

6,112,954

7,872,074

28.78%

Growth (%)

9,720,962 10,458,882 11,609,234

23.49%

7,500
5,000

11.00%

2,500
-

192,017

200,920

211,800

771,500

1,520,632

3,132,496

4,276,690

4,767,420

4,923,213

4,885,315

Total Liabilities

5,122,586

6,691,155

8,172,499

8,707,338

9,994,483

30.62%

22.14%

6.54%

14.78%

Growth (%)

10,000

7.59%

Trade Payable

Bank Payable

Liabilities

12,500

2011

2012

2013

2014

Jun-15

TOTAL EQUITY (Bill. Rp)

Authorized Capital

544,000

544,000

544,000

544,000

544,000

Paid up Capital

180,132

180,132

180,132

180,132

180,132

1,801

1,801

1,801

1,801

1,801

100

100

100

100

100

Retained Earnings

790,784

943,642

1,307,301

1,509,579

1,529,997

Total Equity

990,368

1,180,919

1,548,463

1,751,543

1,614,751

19.24%

31.12%

13.11%

-7.81%

Paid up Capital (Shares)

Par Value

Growth (%)
INCOME STATEMENTS
Total Revenues

Dec-11

Dec-12

Dec-13

Dec-14

Jun-15

6,695,112

7,627,703

9,799,598

8,653,578

3,212,033

13.93%

28.47%

-11.69%

Growth (%)

1,615

1,181

1,394

990
1,037

680

322

-35

2011

5,960,704

6,671,815

8,606,444

7,655,377

2,887,135

Gross Profit

799,042

1,043,220

1,247,711

1,016,588

324,899

Operating Expenses

385,498

531,378

425,009

278,322

95,454

Operating Profit

413,544

738,267

229,444

Cost of Revenues

1,752
1,548

1,752

Growth (%)

2012

2013

2014

Jun-15

TOTAL REVENUES (Bill. Rp)

9,800
8,654

9,800

7,628
7,800

Other Income (Expenses)

-87,164

-88,526

-108,337

-143,714

-64,141

Income before Tax

326,380

423,315

714,365

594,553

165,303

Tax

143,687

209,998

305,927

267,896

94,582

Profit for the period

182,693

213,318

408,438

326,657

70,721

16.76%

91.47%

-20.02%

Growth (%)

6,695

5,801

3,212

3,802

1,803

Period Attributable

182,116

211,590

405,977

324,071

70,436

Comprehensive Income

182,727

213,651

409,862

326,616

42,904

Comprehensive Attributable

182,150

211,924

407,401

324,031

42,620

RATIOS

Dec-11

Dec-12

Dec-13

Dec-14

Jun-15

30.33

23.49

67.61

35.98

EPS (Rp)

101.10

117.46

225.38

179.91

39.10

BV (Rp)

549.80

655.59

859.63

972.37

896.43

DAR (X)

0.84

0.85

0.84

0.83

0.86

DER(X)

5.17

5.67

5.28

4.97

6.19

ROA (%)

2.99

2.71

4.20

3.12

0.61

ROE (%)

18.45

18.06

26.38

18.65

4.38

GPM (%)

11.93

13.68

12.73

11.75

10.12

OPM (%)

6.18

8.53

7.14

Dividend (Rp)

NPM (%)
Payout Ratio (%)
Yield (%)

2.73

2.80

4.17

3.77

2.20

30.00

20.00

30.00

20.00

5.23

1.33

4.48

1.03

-196

2011

2012

2013

2014

Jun-15

PROFIT FOR THE PERIOD (Bill. Rp)

408
408

327
325

242

183

213

158

71
75

-8

2011

2012

2013

2014

Jun-15