HERO HeroSupermarketTbk.

[S]

COMPANY REPORT : JULY 2016

As of 29 July 2016

Main Board
Industry Sector : Trade, Services & Investment (9)
Industry Sub Sector : Retail Trade (93)

Individual Index
:
Listed Shares
:
Market Capitalization :

2,400.434
4,183,634,000
4,811,179,100,000

154 | 4.81T | 0.09% | 92.54%

261 | 0.10T | 0.007% | 99.60%

COMPANY HISTORY
Established Date
: 05-Oct-1971
Listing Date
: 21-Aug-1989
Under Writer IPO :
PT Danareksa
PT Multinational Finance Corporation
Securities Administration Bureau :
PT EDI Indonesia
Wisma SMR 10th Fl.
Jln. Yos Sudarso Kav. 89, Jakarta 14350
Phone : (021) 651-5130, 650-5829
Fax
: (021)) 651-5131, 650-5987
BOARD OF COMMISSIONERS
1. Ipung Kurnia
2. Anton Lukmanto
3. Budi Setiadharma
4. Edy Sugito *)
5. Erry Riyana Hardjapamekas *)
6. Graham Allan
7. Jonathan Chang
8. Lindawati Gani *)
9. Neil Galloway
*) Independent Commissioners
BOARD OF DIRECTORS
1. Stephane Deutsch
2. Arief Istanto
3. Heru Pribadi
4. Mark Magee
5. Xavier Thiry
AUDIT COMMITTEE
1. Lindawati Gani
2. Edy Sugito
3. Gede Hardja Washita
CORPORATE SECRETARY
Iwan Nurdiansyah
HEAD OFFICE
Graha Hero, CBD Bintaro Jaya Sektor 7 Blok B7/A7
Pondok Jaya, Pondok Aren
Tangerang Selatan 15224
Phone : (021) 8378-8388
Fax
: (021) 2912-3005
Homepage
Email

: www.hero.co.id
: iwan_nurdiansyah@hero.co.id
chadijah_zainuddin@hero.co.id

SHAREHOLDERS (July 2016)

1. Mulgrave Corporation BV
2. The Dairy Farm Company Ltd.
3. Public (<5%)

2,660,194,960 :
729,975,094 :
793,463,946 :

DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
1990
1992
1993
1993
1994
1996

Shares

Dividend
120.00
85.00

1:1
50.00
50.00
35.00

Cum Date
12-Jun-91
02-Jul-93
20-Dec-93
01-Jul-94
22-Jun-95
08-Jul-97

Ex Date
13-Jun-91
05-Jul-93
21-Dec-93
04-Jul-94
23-Jun-95
09-Jul-97

Recording
Date
19-Jun-91
12-Jul-93
28-Dec-93
11-Jul-94
03-Jul-95
18-Jul-97

63.59%
17.45%
18.97%

Payment
Date
19-Jul-91
09-Aug-93
26-Jan-94
05-Aug-94
01-Aug-95
12-Aug-97

F/I
F
F
B
F
F
F

ISSUED HISTORY
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.

Type of Listing
First Issue
Partial Listing
Right Issue
Right Issue
Bonus Shares
Stock Split
Company Listing
Right Issue
Stock Split
Right Issue
Right Issue
Right Issue
Right Issue
Right Issue

Shares
1,765,000
3,000,000
17,647,500
29,412,500
58,825,000
110,650,000
14,000,000
94,120,000
2,964,780,000
3,865,934
735,198,663
9,112,129
127,703,319
13,553,955

Listing
Date
21-Aug-89
09-Apr-90
18-Jul-90
10-Sep-92
27-Jan-94
15-Apr-96
27-Jan-97
05-Sep-01
05-Apr-12
25-Jun-13
26-Jun-13
27-Jun-13
01-Jul-13
04-Jul-13

Trading
Date
21-Aug-89
16-Apr-90
18-Jul-90
10-Sep-92
27-Jan-94
15-Apr-96
27-Jan-97
05-Sep-01
05-Apr-12
25-Jun-13
26-Jun-13
27-Jun-13
01-Jul-13
04-Jul-13

HERO HeroSupermarketTbk.[S]
Closing
Price*

Volume
(Mill. Sh)

7,000

480

6,125

420

5,250

360

4,375

300

3,500

240

2,625

180

1,750

120

875

60

Jan-12

Jan-13

Jan-14

Jan-15

Jan-16

Closing Price*, Jakarta Composite Index (IHSG) and

Trade, Sevices and Investment Index
January 2012 - July 2016
525%
450%
375%
300%
225%
150%
75%

46.3%
33.5%
3.6%

-75%

Jan 12

Jan 13

Jan 14

Jan 15

Jan 16

SHARES TRADED

2012

2013

2014

2015

Jul-16

Volume (Million Sh.)

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

569
1,863
21
214

323
1,283
31
241

220
563
13
240

212
400
4
216

25
27
0.8
102

35,500
2,700
4,325
4,176

5,600
2,375
2,425
2,425

3,025
2,310
2,380
2,380

2,380
1,000
1,150
1,150

1,230
960
1,150
1,150

15.12
15.42
1.89

140.87
22.13
1.87

-33.39
14.53
0.92

118.76
8.79
0.91

Price (Rupiah)
High
Low
Close
Close*

60.49
PER (X)
19.08
PER Industry (X)
8.59
PBV (X)
* Adjusted price after corporate action

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

Closing Price

Freq.

High
Low Close
16,300 11,500 16,000
19,200 16,000 18,000
23,250 15,500 21,000
35,500 3,600 4,450
4,875 3,100 3,275
4,375 2,700 3,600
3,850 3,175 3,300
3,350 2,950 2,975
3,150 2,875 3,025
4,175 2,975 3,350
4,550 3,200 4,400
4,500 3,900 4,325

(X)
30
37
78
4,593
1,237
2,246
1,095
644
375
1,880
6,347
2,700

Volume

Value

(Thou. Sh.) (Million Rp)

49
746
49
879
96
1,791
5,490
29,912
1,413
5,717
2,528
9,488
1,590
5,538
1,225
3,857
874
2,644
10,113
2,736
503,711 1,599,957
192,511
49,159

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Hero Supermarket Tbk. [S]
January 2012 - July 2016

12
6
13
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

5,300
5,600
5,350
5,100
4,750
4,425
3,825
3,250
3,325
3,925
3,550
2,700

4,300
4,775
4,825
4,350
3,600
3,575
3,000
2,575
2,950
3,250
2,475
2,375

5,200
4,900
4,875
4,550
4,000
3,800
3,125
3,000
3,300
3,600
2,575
2,425

2,724
4,239
3,514
2,593
1,936
2,791
6,081
862
912
545
1,547
2,880

37,185
33,222
22,125
23,786
24,078
44,107
44,007
10,924
12,630
25,051
26,044
20,281

169,589
168,711
111,908
114,699
104,819
173,043
148,557
32,548
39,970
83,717
84,150
51,397

21
20
19
22
22
19
23
17
21
19
19
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

2,775
2,850
3,025
2,940
2,795
2,950
3,025
3,000
2,600
2,790
2,650
2,500

2,350
2,550
2,600
2,500
2,495
2,600
2,650
2,450
2,320
2,450
2,430
2,310

2,700
2,655
2,750
2,610
2,600
2,795
2,950
2,550
2,545
2,650
2,480
2,380

1,771
2,109
931
685
1,116
701
690
1,880
1,387
1,258
604
315

16,100
11,813
6,358
24,465
20,254
9,055
2,441
28,536
5,652
15,840
71,551
8,138

42,062
32,724
17,823
67,213
52,754
24,409
6,913
77,651
13,974
41,393
165,890
19,969

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

Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15

2,380
2,320
2,050
2,215
2,100
2,000
1,890
1,655
1,595
1,600
1,450
1,250

2,110
1,810
1,650
1,730
1,815
1,800
1,600
1,215
1,375
1,400
1,135
1,000

2,320
1,900
1,805
1,880
1,980
1,850
1,605
1,505
1,450
1,450
1,250
1,150

676
613
1,160
372
171
56
241
332
114
58
131
205

42,582
20,997
16,477
6,839
18,211
47,874
9,698
17,918
20,161
1,279
7,388
2,486

98,026
38,420
30,591
13,455
35,016
95,482
17,215
26,897
30,998
1,862
9,671
2,767

20
18
22
19
19
15
17
18
17
17
17
17

Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16

1,150
1,100
1,125
1,230
1,200
1,180
1,150

1,020
975
960
1,070
1,140
1,030
1,075

1,060
1,030
1,070
1,200
1,155
1,120
1,150

61
263
221
55
31
79
43

42
2,766
7,794
3,943
238
26
10,076

45
2,876
8,332
4,418
276
29
11,161

15
19
19
15
9
15
10

HERO HeroSupermarketTbk.[S]
Financial Data and Ratios

Book End : December

Public Accountant : Tanudiredja, Wibisana, Rintis & Rekan (Member of PricewaterhouseCoopers Global Network)
BALANCE SHEET

Dec-12

Dec-13

Dec-14

Dec-15

Jun-16

247,877

1,327,191

196,533

147,310

142,641

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash & Cash Equivalents

Assets

Receivables

257,670

292,687

399,318

452,368

388,710

Inventories

1,549,632

1,829,050

2,271,071

2,052,544

2,659,439

Current Assets

2,277,239

3,655,004

3,283,248

3,156,943

3,753,770

Fixed Assets

2,591,877

3,726,429

4,610,388

4,501,612

4,460,175

Other Assets
Total Assets

Current Liabilities
Long Term Liabilities
Total Liabilities

7,000
5,250

38,913

45,396

52,850

484,230

52,917

5,276,736

7,758,303

8,295,642

8,042,797

8,709,249

47.03%

6.93%

-3.05%

8.29%

1,750

3,338,562

2,243,937

2,788,133

2,608,222

3,222,156

280,445

158,797

53,689

220,197

308,640

3,619,007

2,402,734

2,841,822

2,828,419

3,530,796

-33.61%

18.27%

-0.47%

24.83%

Growth (%)

Growth (%)

Liabilities

8,750

3,500

2012

2013

2014

2015

Jun-16

TOTAL EQUITY (Bill. Rp)

Authorized Capital

450,000

450,000

450,000

450,000

450,000

Paid up Capital

164,710

209,182

209,182

209,182

209,182

3,294

4,184

4,184

4,184

4,184

50

50

50

50

50

Retained Earnings

1,421,794

2,158,327

2,257,958

2,017,943

1,981,211

Total Equity

1,657,729

5,355,569

5,453,820

5,214,378

5,178,453

223.07%

1.83%

-4.39%

-0.69%

Dec-13

Dec-14

Dec-15

Jun-16

10,510,422 11,900,354 13,564,029 14,352,700

7,201,025

Paid up Capital (Shares)

Par Value

Growth (%)
INCOME STATEMENTS
Total Revenues

Dec-12

13.22%

Growth (%)

13.98%

5.81%

8,073,259

9,053,464 10,447,839 11,026,182

2,437,163

2,846,890

3,116,190

3,326,518

1,746,599

Expenses (Income)

1,995,931

2,064,419

3,104,161

3,417,702

1,727,214

441,232

782,471

12,029

-91,184

19,385

77.34%

-98.46%

N/A

2,116

TOTAL REVENUES (Bill. Rp)

13,564

14,353

11,900

-39,665

7,722

29,932

401,567

790,193

41,961

-91,184

19,385

98,839

119,055

-1,794

-8,962

-7,630

671,138

43,755

-144,078

19,904

121.70%

-93.48%

N/A

Growth (%)

Jun-16

1,004

14,353

Income before Tax

302,728

2015

1,658

5,454,426

Other Income (Expenses)

Profit for the period

2014

5,178

3,229

11,425

Tax

2013

5,214

4,341

2012

Gross Profit

Growth (%)

5,454

-109

Cost of Revenues

Operating Profit

5,356
5,454

10,510
7,201

8,497

5,569

2,641

Period Attributable

302,728

671,138

43,755

-144,078

19,904

Comprehensive Income

235,543

736,533

98,251

-239,442

-35,925

736,533

98,251

-239,442

-35,925

Dec-12

Dec-13

Dec-14

Dec-15

Jun-16

68.21

162.88

117.76

121.04

116.50

Comprehensive Attributable

RATIOS
Current Ratio (%)
Dividend (Rp)
EPS (Rp)

91.90

160.42

10.46

-34.44

4.76

BV (Rp)

503.23

1,280.12

1,303.61

1,246.38

1,237.79

DAR (X)

0.69

0.31

0.34

0.35

0.41

DER(X)

2.18

0.45

0.52

0.54

0.68

ROA (%)

5.74

8.65

0.53

-1.79

0.23

ROE (%)

18.26

12.53

0.80

-2.76

0.38

GPM (%)

23.19

23.92

22.97

23.18

24.25

OPM (%)

4.20

6.58

0.09

-0.64

0.27

NPM (%)

2.88

5.64

0.32

-1.00

0.28

Payout Ratio (%)

Yield (%)

-287

2012

2013

2014

2015

Jun-16

PROFIT FOR THE PERIOD (Bill. Rp)

671

508

345

303

182

44

2015

20

19

2012

2013

2014

Jun-16

-144

-144