BAJA Saranacentral Bajatama Tbk. COMPANY REPORT : JANUARY 2018 As of 31 January 2018 Development Board Industry Sector : Basic Industry& Chemicals (3) Industry Sub Sector : Metal And Allied Products (33) Individual Index : Listed Shares : Market Capitalization : 250.000 1,800,000,000 297,000,000,000 461 | 0.30T | 0.004% | 99.78% 386 | 0.06T | 0.003% | 99.82% COMPANY HISTORY Established Date : 04-Oct-1993 Listing Date : 21-Dec-2011 Underwriter IPO : PT Makinta Securities Securities Administration Bureau : PT Adimitra Jasa Korpora Kirana Boutique Office, Jln. Kirana Avenue III Blok F3 No. 5, Kelapa Gading, Jakarta Utara Phone : (021) 2936-5287 Fax : (021) 2928-9961 BOARD OF COMMISSIONERS 1. Soediarto Soerjoprahono 2. Bastianus Fritz Josef Lumanauw *) 3. Ibnu Sutanto *) Independent Commissioners BOARD OF DIRECTORS 1. Handaja Susanto 2. Entario Widjaja Susanto 3. Pandji Surya Soerjoprahono 4. Suryani Kamil AUDIT COMMITTEE 1. Bastianus Fritz Josef Lumanauw 2. Birawanti Hariaty S 3. Reginald Tomasowa CORPORATE SECRETARY Handaja Susanto HEAD OFFICE Jl. Pangeran Jayakarta No. 55 Jakarta Pusat 10730 Phone : (021) 628-8647 Fax : (021) 601-1933 Homepage : www.saranacentral.com Email : team_scb@yahoo.com SHAREHOLDERS (January 2018) 1. Pandji Surya S. 2. Handaja Susanto 3. Entario Widjaja Susanto 4. Ibnu Susanto 5. Soediarto Soerjoprahono 6. Public (<5%) 296,400,000 296,096,000 296,016,000 296,016,000 146,000,000 469,472,000 DIVIDEND ANNOUNCEMENT Bonus Cash Year 2012 Shares Dividend 3.15 Cum Date 24-Dec-13 Ex Date 27-Dec-13 Recording Date 02-Jan-14 : : : : : : 16.47% 16.45% 16.45% 16.45% 8.11% 26.08% Payment F/I Date 15-Jan-14 F ISSUED HISTORY No. Type of Listing 1. First Issue 2. Company Listing Shares 400,000,000 1,400,000,000 Listing Date 21-Dec-11 21-Dec-11 Trading Date 21-Dec-11 21-Dec-11 BAJA Saranacentral Bajatama Tbk. Closing Price* Closing Price Volume (Mill. Sh) 1,800 160 1,575 140 1,350 120 1,125 100 900 80 675 60 450 40 225 20 Jan-14 Jan-15 Jan-16 Jan-17 Jan-18 Closing Price*, Jakarta Composite Index (IHSG) and Basic Industry and Chemicals Index January 2014 - January 2018 60% 56.3% 52.7% 40% 20% -20% -40% Freq. Volume Value Day TRADING ACTIVITIES Closing Price* and Trading Volume Saranacentral Bajatama Tbk. January 2014 - January 2018 Month Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 High Low Close 1,235 1,335 1,585 1,585 1,705 1,695 1,665 635 485 360 283 398 1,080 1,155 1,190 1,415 1,565 1,625 510 341 312 270 253 232 1,185 1,230 1,560 1,565 1,630 1,650 510 402 333 276 255 297 (X) 19,389 26,131 50,034 44,523 30,271 58,317 7,002 24,482 17,998 20,588 6,268 25,536 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 335 262 259 233 218 187 150 132 113 110 109 88 235 235 210 181 173 125 116 78 80 95 82 71 250 236 213 183 184 137 119 88 98 108 83 84 7,256 3,085 4,227 2,845 3,610 1,256 1,665 2,061 2,287 1,692 1,277 740 42,897 13,378 26,248 17,953 19,569 6,562 6,916 8,725 6,476 4,808 6,875 2,154 11,772 3,243 6,132 3,818 3,726 1,131 1,008 1,006 660 499 632 172 21 19 22 21 19 21 19 20 21 21 21 19 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 88 89 142 187 168 175 160 246 360 412 422 400 75 75 78 107 120 142 142 145 232 318 274 330 82 79 111 150 163 144 147 232 350 324 334 330 761 1,249 4,600 13,862 5,071 6,904 1,492 17,182 40,846 28,169 25,725 17,071 3,878 5,285 33,902 84,774 38,042 38,495 10,290 142,791 532,812 302,130 302,669 192,927 331 414 3,809 13,249 5,644 6,062 1,542 29,200 162,656 110,246 106,410 69,035 20 20 21 20 20 22 16 22 21 21 22 20 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 366 340 318 270 252 266 244 228 210 204 206 173 310 278 250 242 183 218 200 202 184 183 172 147 322 294 264 250 252 218 220 206 188 188 173 160 11,557 5,970 6,598 2,384 3,832 4,174 3,405 2,807 1,432 1,403 1,906 1,395 120,578 51,109 51,111 13,430 25,901 31,836 21,585 15,434 7,526 7,417 10,633 7,489 40,083 16,226 14,681 3,434 5,887 7,702 4,793 3,272 1,479 1,426 2,012 1,196 21 19 22 17 20 15 21 22 19 22 22 18 Jan-18 175 150 165 2,090 13,579 2,259 22 (Thou. Sh.) (Million Rp) 107,448 126,227 105,318 131,053 163,146 232,929 175,435 262,598 93,392 153,121 183,758 303,430 46,785 61,084 270,173 124,962 80,941 30,548 139,252 42,557 53,849 14,953 251,252 83,793 20 20 20 20 18 21 6 11 22 23 20 20 -60% -80% -85.0% -100% Jan 14 Jan 15 Jan 16 Jan 17 Jan 18 SHARES TRADED 2014 2015 2016 Volume (Million Sh.) Value (Billion Rp) Frequency (Thou. X) Days 1,671 1,567 331 221 163 34 32 244 1,688 509 163 245 364 102 47 238 14 2 2 22 Price (Rupiah) High Low Close Close* 1,705 232 297 297 335 71 84 84 422 75 330 330 366 147 160 160 175 150 165 165 PER (X) PER Industry (X) PBV (X) 15.70 16.60 2.68 -16.17 4.10 0.94 12.11 20.86 3.01 -12.48 13.10 1.62 -12.87 16.49 1.67 * Adjusted price after corporate action 2017 Jan-18 BAJA Saranacentral Bajatama Tbk. Financial Data and Ratios Book End : December Public Accountant : Tjahjadi & Tamara (Member of Morison International) Dec-13 Dec-14 Dec-15 Dec-16 Sep-17 4,821 22,905 3,481 3,867 8,071 Receivables 148,686 211,977 284,098 242,634 207,301 Inventories 330,888 346,962 322,718 452,204 502,284 Current Assets 545,940 652,967 667,261 749,830 780,184 Fixed Assets 268,722 298,005 249,498 220,564 201,521 BALANCE SHEET TOTAL ASSETS AND LIABILITIES (Bill. Rp) (Million Rp except Par Value) Cash & Cash Equivalents Other Assets Total Assets Assets Current Liabilities Long Term Liabilities Total Liabilities 800 600 403 403 403 72 - 842,928 974,633 948,683 982,627 998,157 15.62% -2.66% 3.58% 1.58% 200 664,434 780,658 777,987 775,815 806,697 - 4,248 5,651 9,068 10,309 13,811 668,682 786,309 787,055 786,124 820,508 17.59% 0.09% -0.12% 4.37% Growth (%) Growth (%) Liabilities 1,000 400 2013 2014 2015 2016 Sep-17 TOTAL EQUITY (Bill. Rp) Authorized Capital 180,000 180,000 180,000 180,000 180,000 Paid up Capital 180,000 180,000 180,000 180,000 180,000 1,800 1,800 1,800 1,800 1,800 100 100 100 100 100 Paid up Capital (Shares) Par Value Retained Earnings -63,413 450 -74,269 -39,875 -57,179 Total Equity 174,246 188,324 161,628 196,503 177,649 8.08% -14.18% 21.58% -9.59% 197 188 197 174 178 162 156 116 Growth (%) INCOME STATEMENTS Total Revenues Dec-13 Dec-14 Dec-15 Dec-16 Sep-17 1,052,131 1,229,845 1,251,194 978,841 894,282 16.89% 1.74% -21.77% 1,025,482 1,171,530 1,180,741 904,178 26,649 58,315 70,453 74,662 5,229 129,575 - 82,284 21,069 26,235 - - - 53,593 - Growth (%) Cost of Revenues Gross Profit Expenses (Income) Operating Profit 76 36 -4 2013 2014 2015 2016 Sep-17 889,054 TOTAL REVENUES (Bill. Rp) 1,230 1,251 1,251 Growth (%) 1,052 979 894 996 Other Income (Expenses) - -39,631 - - - -102,926 18,684 -11,831 53,593 -21,006 Tax -25,804 4,606 -2,481 19,199 -3,703 Profit for the period -77,123 14,078 -9,350 34,393 -17,304 N/A N/A N/A Income before Tax Growth (%) 741 485 230 Period Attributable -77,123 14,078 -9,350 34,393 -17,304 Comprehensive Income -77,123 14,078 -9,339 34,875 -18,853 Comprehensive Attributable -77,123 14,078 -9,339 34,875 -18,853 RATIOS Dec-13 Dec-14 Dec-15 Dec-16 Sep-17 82.17 83.64 85.77 96.65 96.71 - - - - - Current Ratio (%) Dividend (Rp) EPS (Rp) -42.85 7.82 -5.19 19.11 -9.61 BV (Rp) 96.80 104.62 89.79 109.17 98.69 DAR (X) 0.79 0.81 0.83 0.80 0.82 DER(X) 3.84 4.18 4.87 4.00 4.62 ROA (%) -9.15 1.44 -0.99 3.50 -1.73 ROE (%) -44.26 7.48 -5.78 17.50 -9.74 GPM (%) 2.53 4.74 5.63 7.63 0.58 OPM (%) - - - 5.48 - NPM (%) -7.33 1.14 -0.75 3.51 -1.93 Payout Ratio (%) - - - - - Yield (%) - - - - - -25 2013 2014 2015 2016 Sep-17 PROFIT FOR THE PERIOD (Bill. Rp) 34 34 14 12 2013 2015 2014 -10 Sep-17 2016 -9.3 -17 -33 -55 -77 -77