PWON Pakuwon Jati Tbk.

COMPANY REPORT : JANUARY 2019 As of 31 January 2019

Main Board Individual Index : 2,505.879
Industry Sector : Property, Real Estate & Building Construction (6) Listed Shares : 48,159,602,400
Industry Sub Sector : Property And Real Estate (61) Market Capitalization : 31,303,741,560,000
40 | 31.3T | 0.42% | 70.09%

65 | 6.41T | 0.31% | 80.54%

COMPANY HISTORY SHAREHOLDERS (December 2018)

Established Date : 20-Sep-1982 1. PT Pakuwon Arthaniaga 24,759,548,800 : 51.41%
Listing Date : 09-Oct-1989 (IPO Price: 7,300) 2. Bank Julius Baer Co., Ltd. 3,000,000,000 : 6.23%
Underwriter IPO : 3. PT Pakuwon Arthaniaga 2,747,919,760 : 5.71%
PT (Persero) Danareksa 4. JPMCB Na Re- PT Pakuwon 2,570,129,840 : 5.34%
PT Aseam Indonesia 5. Public (<5%) 15,082,004,000 : 31.32%
PT Inter-Pacific Financial Corporation
Securities Administration Bureau : DIVIDEND ANNOUNCEMENT
PT Sirca Datapro Perdana Bonus Cash Recording Payment
F/I
Year Shares Dividend Cum Date Ex Date Date Date
BOARD OF COMMISSIONERS 1989 50.00 8-Jun-90 11-Jun-90 15-Jun-90 22-Jul-90 F
1. Alexander Tedja 1990 75.00 28-Feb-91 1-Mar-91 8-Mar-91 8-Apr-91 F
2. Dyah Pradnyaparamita Duarsa *) 1991 30.00 10-Jun-92 12-Jun-92 19-Jun-92 20-Jul-92 F
3. Richard Adisastra *) 1991 2:1 23-Nov-92 24-Nov-92 1-Dec-92 23-Dec-92 BS
*) Independent Commissioners 1992 25.00 9-Aug-93 10-Aug-93 18-Aug-93 18-Sep-93 F
1993 25.00 12-Jul-94 13-Jul-94 20-Jul-94 19-Aug-94 F
BOARD OF DIRECTORS 1994 20.00 5-Jul-95 6-Jul-95 14-Jul-95 11-Aug-95 F
1. Alexander Stephanus Ridwan Suhendra 1995 17.50 30-May-96 31-May-96 10-Jun-96 8-Jul-96 F
2. Eiffel Tedja 1996 25.00 27-Jun-97 30-Jun-97 8-Jul-97 6-Aug-97 F
3. Lauw, Syane Wahyuni Loekito 2011 1.45 9-Oct-12 10-Oct-12 12-Oct-12 25-Oct-12 F
4. Minarto Basuki 2012 3.50 8-Oct-13 9-Oct-13 11-Oct-13 25-Oct-13 F
5. Sutandi Purnomosidi 2013 4.50 17-Jul-14 18-Jul-14 22-Jul-14 12-Aug-14 F
6. Wong Boon Siew Ivy 2014 4.50 2-Jul-15 3-Jul-15 7-Jul-15 29-Jul-15 F
2015 4.50 11-Jul-16 12-Jul-16 14-Jul-16 29-Jul-16 F
AUDIT COMMITTEE 2016 4.50 9-Jun-17 12-Jun-17 14-Jun-17 6-Jul-17 F
1. Dyah Pradnyaparamita Duarsa 2017 6.00 3-Jul-18 4-Jul-18 6-Jul-18 27-Jul-18 F
2. Agus Subayantara
3. Hartono Rahardjo ISSUED HISTORY
Listing Trading
CORPORATE SECRETARY No. Type of Listing Shares Date Date
Minarto Basuki 1. First Issue 3,000,000 9-Oct-89 9-Oct-89
2. Company Listing 17,000,000 9-Oct-89 9-Oct-89
HEAD OFFICE 3. Right Issue 50,000,000 1-Oct-91 1-Oct-91
Gandaria 8 Office Tower 32nd Floor 4. Bonus Shares 35,000,000 24-Dec-92 24-Dec-92
Jl. Sultan Iskandar Muda 8 5. Right Issue 5,000 18-Jul-94 29-Jul-94
Jakarta 12240 6. Right Issue 4,300 18-Jul-94 5-Aug-94
Phone : (021) 2900-8000 7. Right Issue 6,500 18-Jul-94 10-Aug-94
Fax : (021) 2905-3000 8. Right Issue 21,625 18-Jul-94 11-Aug-94
Homepage : www.pakuwon.com 9. Right Issue 30,450 18-Jul-94 16-Aug-94
Email : investorrelations@pakuwon.com 10. Right Issue 1,650 18-Jul-94 19-Aug-94
minarto@pakuwon.com 11. Right Issue 20,500 18-Jul-94 19-Aug-94
12. Right Issue 20,078,445 18-Jul-94 24-Aug-94
13. Right Issue 9,804,048 18-Jul-94 30-Aug-94
14. Right Issue 74,483,629 18-Jul-94 31-Aug-94
15. Right Issue 543,853 18-Jul-94 1-Sep-94
16. Stock Split 210,000,000 29-Jan-96 29-Jan-96
17. Add. Listing without RI 247,000,000 3-Feb-06 3-Feb-06
18. Add. Listing without Right Issue Cancellation -247,000,000 20-Mar-06 20-Mar-06
19. CB Conversion 22,705,000 21-Mar-06 21-Mar-06
20. CB Conversion 224,295,000 27-Mar-06 27-Mar-06
21. CB Conversion 876,577,000 8-Aug-06 8-Aug-06
22. Stock Split 6,174,308,000 19-Sep-07 19-Sep-07
23. Bonus Shares 2,315,365,500 22-Aug-08 22-Aug-08
24. Right Issue 2,006,650,100 2-Jan-12 2-Jan-12
25. Stock Split 36,119,701,800 30-Mar-12 30-Mar-12
 PWON Pakuwon Jati Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Pakuwon Jati Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2015 - January 2019 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
760 3,200 Jan-15 545 462 499 112,556 6,716,000 3,274,163 21
Feb-15 565 481 550 69,429 2,561,866 1,316,795 19
665 2,800 Mar-15 555 486 515 85,765 2,978,488 1,509,847 22
Apr-15 535 435 438 90,113 2,140,590 1,061,334 21
May-15 475 417 442 92,895 3,477,942 1,530,904 19
570 2,400
Jun-15 455 372 430 85,264 2,619,761 1,091,585 21
Jul-15 451 390 415 61,440 1,756,072 737,236 19
475 2,000
Aug-15 422 313 380 60,816 2,245,579 826,986 20
Sep-15 378 328 331 53,599 1,480,527 524,279 21
380 1,600
Oct-15 464 329 426 78,340 2,154,735 876,440 21
Nov-15 468 408 461 54,174 1,081,725 481,291 21
285 1,200 Dec-15 505 416 496 47,304 1,190,925 554,015 19

190 800 Jan-16 505 418 448 69,744 1,567,648 723,416 20

Feb-16 498 435 458 81,565 1,774,679 824,176 20
95 400 Mar-16 540 456 484 71,210 1,787,386 894,038 21
Apr-16 550 481 525 49,505 1,334,420 691,248 21
May-16 550 482 550 39,128 995,024 512,186 20
Jun-16 645 530 615 60,831 1,835,551 1,076,340 22
Jan-15 Jan-16 Jan-17 Jan-18 Jan-19
Jul-16 665 600 650 50,914 1,696,267 1,073,981 16
Aug-16 690 590 595 71,603 1,895,204 1,226,464 22
Sep-16 700 560 675 69,311 2,088,609 1,323,104 21
Closing Price*, Jakarta Composite Index (IHSG) and Oct-16 765 645 720 84,663 1,435,071 1,009,818 21
Property, Real Estate and Bulding Construction Index Nov-16 765 635 685 102,495 4,734,696 3,258,054 22
January 2015 - January 2019 Dec-16 700 535 565 64,212 2,085,323 1,275,702 20
40%
Jan-17 610 555 560 53,285 1,080,674 633,472 21
30% Feb-17 615 550 590 52,646 1,306,378 748,621 19
24.6% Mar-17 630 550 615 47,746 915,329 536,537 22
20% 20.4% Apr-17 650 540 625 38,985 642,888 384,275 17
May-17 705 560 610 79,366 1,366,885 851,351 20
10% Jun-17 635 600 615 26,796 984,853 601,956 15
Jul-17 725 600 710 40,480 928,860 592,791 21
Aug-17 720 635 670 44,284 812,251 548,371 22
-
Sep-17 670 605 610 37,830 725,236 466,058 19
Oct-17 660 580 630 45,298 777,613 482,940 22
-10%
-12.6% Nov-17 650 600 620 28,927 596,494 375,208 22
Dec-17 685 620 685 29,054 687,916 440,198 18
-20%

Jan-18 725 670 710 37,832 660,389 459,388 22

-30% Feb-18 715 645 675 32,972 613,665 416,556 19
Mar-18 710 595 630 40,089 458,699 294,584 21
-40% Apr-18 645 555 590 27,708 511,620 313,615 21
Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 May-18 605 494 560 64,519 1,913,974 1,042,876 20
Jun-18 625 515 530 37,685 1,175,032 659,480 13
Jul-18 590 505 515 42,562 904,402 489,833 22
SHARES TRADED 2015 2016 2017 2018 Jan-19 Aug-18 575 490 515 37,497 716,177 381,313 21
Volume (Million Sh.) 30,404 23,230 10,825 10,502 1,262 Sep-18 540 490 515 30,981 523,851 268,875 19
Value (Billion Rp) 13,785 13,889 6,662 6,024 844 Oct-18 520 432 478 52,549 711,158 336,972 23
Frequency (Thou. X) 892 815 525 505 72 Nov-18 650 478 590 55,393 1,594,018 921,700 21
Days 244 246 238 240 22 Dec-18 650 585 620 45,708 718,939 438,505 18

Price (Rupiah) Jan-19 725 610 650 72,125 1,262,392 844,490 22

High 565 765 725 725 725
Low 313 418 540 432 610
Close 496 565 685 620 650
Close* 496 565 685 620 650

PER (X) 18.93 15.55 17.62 12.58 13.19

PER Industry (X) 13.36 24.89 14.52 27.07 28.17
PBV (X) 2.53 2.56 2.58 2.06 2.16
* Adjusted price after corporate action
 PWON Pakuwon Jati Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Satrio Bing Eny & Partners

BALANCE SHEET Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(in Million Rp, except Par Value) Assets Liabilities
Cash & Cash Equivalents 2,809,034 2,071,164 2,432,451 3,406,223 4,124,215 25,000

Receivables 303,348 301,528 237,296 523,043 501,890

20,000

Inventories 1,671,766 2,254,347 2,859,710 3,741,163 3,666,175

15,000
Investment 20,971 18,056 54,810 52,965 80,936
Fixed Assets 964,375 1,457,275 1,699,652 1,681,938 1,693,421
10,000
Other Assets 20,725 3,337 3,477 2,879 2,932
Total Assets 16,770,743 18,778,122 20,674,142 23,358,718 24,617,321
5,000
Growth (%) 11.97% 10.10% 12.99% 5.39%
-
Trade Payable 133,697 198,259 211,649 364,135 326,550 2014 2015 2016 2017 Sep-18
Total Liabilities 8,487,672 9,323,066 9,654,448 10,567,228 10,142,633
Growth (%) 9.84% 3.55% 9.45% -4.02%
TOTAL EQUITY (Bill. Rp)
14,475
Authorized Capital 3,000,000 3,000,000 3,000,000 3,000,000 3,000,000 14,475

12,791
Paid up Capital 1,203,990 1,203,990 1,203,990 1,203,990 1,203,990
11,020
Paid up Capital (Shares) 48,160 48,160 48,160 48,160 48,160
11,522

9,455
Par Value 25 25 25 25 25 8,283
1,607,954 5,654,568 7,108,616 8,764,679 10,256,104
8,569

Retained Earnings
Total Equity 8,283,071 9,455,056 11,019,694 12,791,490 14,474,688 5,616

Growth (%) 14.15% 16.55% 16.08% 13.16%

2,663

INCOME STATEMENTS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18

Total Revenues 3,872,273 4,625,053 4,841,105 5,717,538 5,228,722
-289

2014 2015 2016 2017 Sep-18

Growth (%) 19.44% 4.67% 18.10%

Cost of Revenues 1,714,248 1,956,525 2,087,579 2,353,435 2,162,106

TOTAL REVENUES (Bill. Rp)
Gross Profit 2,158,025 2,668,528 2,753,526 3,364,102 3,066,616
Operating Expenses -451,208 1,243,386 1,021,762 1,292,411 1,044,822 5,718
5,229
Operating Profit - - 1,731,764 2,071,692 2,021,794
5,718

4,841
4,625
Growth (%) 19.63%
3,872
4,551

Other Income (Expenses) - - - - - 3,385

Income Before Tax 2,609,233 1,425,142 1,731,764 2,071,692 2,021,794

Tax 10,401 24,588 -48,491 47,065 21,655 2,218

Profit for the period 2,598,832 1,400,554 1,780,255 2,024,627 2,000,139

Growth (%) -46.11% 27.11% 13.73%
1,052

-114

Period Attributable 2,515,236 1,261,887 1,670,767 1,872,781 1,780,383 2014 2015 2016 2017 Sep-18
Comprehensive Income 2,587,272 1,408,606 1,776,412 2,002,490 2,001,656
Comprehensive Attributable 2,503,904 1,269,203 1,667,948 1,852,536 1,781,885
PROFIT FOR THE PERIOD (Bill. Rp)
RATIOS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 2,599
Dividend (Rp) 4.50 4.50 4.50 6.00 - 2,599

EPS (Rp) 53.96 29.08 36.97 42.04 41.53 2,025 2,000

BV (Rp) 171.99 196.33 228.82 265.61 300.56 2,069

1,780
DAR (X) 0.51 0.50 0.47 0.45 0.41 1,401
DER(X) 1.02 0.99 0.88 0.83 0.70
1,539

ROA (%) 15.50 7.46 8.61 8.67 8.12 1,008

ROE (%) 31.38 14.81 16.16 15.83 13.82

GPM (%) 55.73 57.70 56.88 58.84 58.65 478

OPM (%) - - 35.77 36.23 38.67

NPM (%) 67.11 30.28 36.77 35.41 38.25
-52

2014 2015 2016 2017 Sep-18

Payout Ratio (%) 8.34 15.47 12.17 14.27 -
Yield (%) 0.87 0.87 0.87 1.17 -

*US$ Rate (BI), Rp 12,436 13,794 13,436 13,548 14,929