PUBLIC EXPOSEJakarta-August27,2018
www.wikagedung.co.id
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BOARD OF DIRECTORS
AbiprayadiDirector ofFinance
DjakaNugrahaDirector of
Operation 2
Nur al FataDirector of HC and
Investment Development
NarimanPrasetyoPresident Director
WidhiPudjiyono
Director ofOperation 1
Development
Al
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HIGHLIGHT
Vision MissionTo Be Preferred Partner in Creating Spaces for Better Human Life
• Quality in Product and Services
• "Care for life" Quality and Safety as "Differentiator"
• Key Stakeholder Engagement
• GCG & Good Ethic Practices
• Innovation to boost growth & Value Creation
Values Business Line
ConcessionSpace Provider Reload to Infrastructure
Building ContractorTotal Solution Building Contractor
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BUSINESSTRANSFORM
• Diversification SBU Property
2014• Consolidating
Between DBG and Wika Gedung
2016• Public Listed
Company
• Revenue & Net Profit Growth 2x from 2016
• Productivity On Sales Growth 60%, Instead, On Profit 62%
2017
• World Class Space Provider
2021
• Focus On Profitability
2012• Established
As Building Construction
• Established On October 24, 2018
2008
MODULAR
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FOCUSED BUSINESSEXPANSION
ForwardBackward
CONCESSIONBUILDINGCONSTRUCTION
STRENGTHENINGSUPPLY CHAIN
• Precast• Modular• Geotechnical
- PPP Scheme- Offtaker Market- SOE &
Government- Hospital, Airport
Terminal
High - Rise Building PrecastTogether with WIKA Beton to expand high-rise building precast business, through its subsidiary WPG
GeotechnicsStrengthen Geotechnics capabilities to increase internal competency within WIKA Group
ModularExpand modular / pre-fabricated building capabilities, and to target medium-high end building segment
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CONCESSIONDE BRAGA
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CONCESSIONMANDIRI PROKLAMASI
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MODULAR
๏ BATHROOM ๏ VILLA / HOUSE ๏ STACKING BUILDING
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PULAU MERAH MODULAR PROJECT
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PULAU MERAH MODULAR PROJECT
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RINJANI CENTER MODULAR PROJECT
2.4m
2.4m
ModulA
ModulBCompostingToilet
ModulBCompostingToilet
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RINJANI CENTER MODULAR PROJECT
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POS TNGR SEMBALUN
RINJANI CENTER MODULAR PROJECT
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SHAREHOLDERS
60%
69,3%
90.04%
0.7%
51% 1%
Department of Building Construction (DBG) was spun-off from WIKA and merged into WIKA Gedung
Division
96.05% 99.00%
49%
DSU 1
DSU 2
DSU 3
DIP
DPE
DLN
DBG
Public
30%
89.61% 80.00%
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GROUP DIFFERENTIATION
Business Line andCore Competence
Investment Type
Land Bank Ownership
Contract Base
Portofolio from InternalWIKA Group
- Infrastructure- EPC- Industrials- General Construction
Investment onInfrastructure Projects
No Land BankOwnership
-
-
• High-rise & Building Construction
• Investment & Concession
• Precast producer for high-rise building, joint with WIKA Beton
Investment on high-rise building projects and industry to support construction
No Land BankOwnership
Specialized in all building construction in WIKA Group
Normal / arm’s-length pricing, no turn key contract
• Property/Realty Owner• Property/Realty
Developer
Investment inLand Bank
Land BankOwnership
Specialized in all property development in WIKA Group
Normal / arm’s-length pricing, no turn key contract
Precast producer for infrastructure
No Project Investment
No Land BankOwnership
Specialized in all infrastructure precast supply in WIKA Group
Normal / arm’s-length pricing, no turn key contract
Internal Policy
- Less than 10% of totalcontract in 2016-2017 - -
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INDUSTRY DEVELOPMENT35%
CONSESSION DEVELOPMENT55%
FIXED ASSET10%
TOTAL CAPEX 2018667 Billion Rupiah
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SHAREHOLDEROWNERSHIP
KOKAR0,70%
PUBLIC30,00%
WIKA69,30%
DOMESTIC82,71%
FOREIGN17,29%
Total Shares9.572.000.000
Total Free - Float
2.872.000.000
July 2018
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REPEATORDER
2014 58%42%
2015 71%29%
2016 48%52%
2017 47%53%
New Costumer Repeat Costumer
ORDER BOOK
4,350 Trillion Rupiah
4,903 Trillion Rupiah
7,926 Trillion Rupiah
12,943 Trillion Rupiah
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FINANCIALHIGHLIGHTEQUISTRIANPARKPULOMAS,Jakarta
5.882
3.899
1.929
Revenue �20
BUSINESSGUIDANCE 2018
2016 2017 2018F
8.759
5.616
3.584 7.8287.327
4.342
New Contract Carry Over
143
296
443
Net Profit
Order Book7.926
Order Book12.943
Order Book16.587
Order Book2017-201828%
Revenue2017-201851%
Net Profit2017-201850%
in Billion Rupiah
Guidance
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BUSINESSPERFORMANCE 2018
2.4031.305846
Revenue
1H16 1H17 1H18
8.861
5.707
4.197
3.104
4.317
1.932
New Contract Carry Over
62
106
179
Net Profit
Order Book6.129
Order Book10.025
Order Book11.965
Order Book2017-201819%
Revenue2017-201884%
Net Profit2017-201869%
in Billion Rupiah
1H18
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JAN FEB MAR APR MEI JUN JUL 2018F
16.58714.847
11.96611.80311.59711.2219.5439.385
JAN FEB MAR APR MEI JUN JUL 2018F
7.827
5.958
3.1042.9792.8112.444
769439
ORDERBOOK 2018
NEW CONTRACT 2018
BUSINESS PERFORMANCE 2018in Billion Rupiah
90%
76%
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NEW CONTRACTJULY 2018
NO Project Value Owner
NEW CONTRACT
1 Palembang Airport Extension 154,273 Angkasa Pura II2 Transmart Majapahit Semarang 124,40 CV Sumber Cipta Sejati3 Transmart Pekalongan 119,629 PT Trans Retail Indonesia4 Life Guard & Rest Room at Kuta Mandalika Lombok 17,211 PT Wijaya Karya (Persero) Tbk5 Bio Farma Building Bandung 146,858 PT Bio Farma (Persero)6 Podomoro Golf View Facilities 182,00 PT Graha Tunas Selaras7 Marketing Gallery Trans Icon Surabaya 5,314 PT Trans Properti Indonesia8 Expansion of the Benoa Port 70,850 Pelindo III9 Transpark Cibubur 933,00 PT Trans Cibubur Property10 Syamsudin Noor Airport - Banjarmasin 506,572 Angkasa Pura I11 RSUD Cengkareng 155,369 RSUD Cengkareng Provinsi DKI Jakarta12 Gedung Dinas Pendidikan 178,695 Pemprov DKI Jakarta13 Apartemen Cornel & Denver 207,50 CitraLand14 The Grandstand Apartment Surabaya 141,091 PT Multitower Indosantosa15 Renovasi Cladding Kementrian BUMN 42,771 Kementrian BUMN16 Boarding House Kuningan 81,545 PT. D&C Engineering Company17 Benhil Central Jakarta 1.428,841 PT Kurnia Realty Jaya18 Tamansari Emerland Surabaya 541,5 PT Wika Realty Tbk19 Gedung Serbaguna WIKA Satrian Gadog 8,782 PT Wijaya Karya (Persero) Tbk20 Infrastruktur Assistent Center SDM Siber & Sandi Negara 183,633 Badan Siber & Sandi Negara21 Rusun Banten DKI Jakarta - Jabar 137,636 PUPERA
22 Rehab Total Gedung Sekolah DKI ( Paket 1, 2 dan 5) - KSO (WIKA-WEGE-CMP KSO) 503,429 Disdik DKI
23 Infrastruktur Hotel Patra Jasa Cirebon 21,818INVESTMENT
24 Tamansari Tera 4,206NEW BUSINESS
25 Wika Pracetak Gedung 61,375.958,293
76%
24%
TargetNew Contract
TargetNew Contract
7.827
in Billion Rupiah
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CUSTOMERPROFILE
SOE1%
PRIVATE99%
New Contract1,772 Tn
2015
GOV17%
SOE29%
PRIVATE54%
New Contract7,327 Tn
2017
GOV3%
SOE5%
PRIVATE92%
New Contract4,342 Tn
2016
GOV11%
SOE30%
PRIVATE59%
New Contract3,104 Tn
1H18
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BIGGERASSET & EQUITY
2014 2015 2016 2017 1H18
5,344,61
2,021,351,02
2014 2015 2016 2017 1H18
1,81,72
0,64
0,280,2
Z
ASSETCAGR65,7%
EQUITYCAGR106,4%
in Trillion Rupiah
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FINANCIALPROFILE
1H16 1H17 1H18
2.403
1.305845
1H16 1H17 1H18
179,8
105,8
62,4
1H16 1H17 1H18
1.269
28974
1H16 1H17 1H18
1,89
2,562,98
STRONGREVENUEGROWTH
NET PROFITTRIPLED
CASH JUMPED10x
DERFELLIN HALF
in Billion Rupiah in Billion Rupiah
in Billion Rupiah
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CASH FLOW
CASHFLOW 1H16 1H17 1H18
Cashflow from Operating 90 219 322
Cashflow from Investing 71 (19) (56)
Free Cashflow 161 200 266
Cashflow from Financing 111 (49) (695)
Net Cash & Cash Equivalent (49) 150 (429)
Begining Cash 124 139 1.698
Ending Cash 74 289 1.269
in Billion Rupiah
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FINANCIALRATIO
RASIO 1H16 1H17 1H18
Current Ratio (CR) 3,42x 1,79x 1,98x
Debt to Equity Ratio (DER) 2,98x 2,56x 1,89x
Debt to Asset Ratio (DAR) 0,75x 0,72x 0,65x
Return on Asset (ROA) 4,53% 4,08% 3,36%
Return on Equity (ROE) 18,04% 14,53% 9,74%
Gross Profit Margin (GPM) 12,75% 12,86% 11,03%
Operating Profit Margin (OPM) 10,64% 10,65% 9,45%
Net Profit Margin (NPM) 7,38% 8,11% 7,48%
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THANK YOUPT Wijaya Karya Bangunan Gedung TbkJl. D.I Panjaitan Kav. 9, 8-10 floor Jakarta 13340 Indonesia Telephone : +62 21 85908862 Fax : +62 21 85908862 www.wikagedung.co.id Email : [email protected]