investor relation’s update company presentation · - dam & barrage building construction : -...
TRANSCRIPT
Investor Relation’s update COMPANY PRESENTATION
(based on FY2015)
Spirit of Innovation 2
TABLE of CONTENT
SEGMENT OVERVIEW
GROUP PERFORMANCE IR’s UPDATE
GUIDANCE 2016F
BOARD GUIDANCE#5 PT WIJAYA KARYA (Persero) Tbk. 3
SEGMENT OVERVIEW
Spirit of Innovation |
VISION To be One of The Best Integrated EPC and Investment Company in South East Asia
MISSION Providing Excellent Integrated Products and Services on EPC and Investment for Infrastructure, Building, Energy, Industrial Plant, Industry and Realty & Property Accomplish Key Stakeholders Expectation Practicing Business Ethics to Promote Good Corporate Citizen and Company Sustainability Strategic Overseas Expansion Implementing Best Practices Integrated Management System
“
4
Spirit of Innovation | 5
Government Public
65.05%34.95%
60% 99% 85.26% 90.04% 96.05% 99%
51%
60%
100%
PORTOFOLIO BISNISSUBSIDIARIES
PT WIKA Realty Minor Development50%
Spirit of Innovation | 6
Government Public
65.05%34.95%
Toll Road
20% 40% PT AIR MINUM INDONESIA 14%
20%
2%
0,4%
PT Citra Marga Lintas Jabar
PORTOFOLIO BISNIS
Railway
15%
38%
Sea Port
25% PT Pilar Sinergi BUMN Indonesia
Transportations Infra
Energy Renewable Energy Water & Environment
INVESTMENT IN ASSOCIATE
Spirit of Innovation | 7
BUSINESS PILARSINDUSTRY INFRASTRUCTURE &
BUILDINGENERGY &
INDUSTRIAL PLANTREALTY & PROPERTY INVESTMENT
Precast Concrete : - Precast Concrete Product - Natural Resources
Management Industrial Facilities : - Steel Fabrication - Aluminium Casting - Plastic Injection Bitumen : - Granular Asphalt - Extraction Asphalt
Civil Construction : - Road and Bridge - Seaport, Jetty - Dam & Barrage Building Construction : - Residential & Commercial - Airport - Facility Steel Construction : - Erection - Equipment Installation
EPC : - Oil and Gas Plant - Petrochemical Plant - Cement Plant, Power Plant - Mining, Biofuels, Fertiliser Operation & Maintenance : - Power Plant - Industrial Equipment
Realty & Property : - Landed House - High-rise (Apartment, Condotel, Office Mixed Use) - Industrial Estate
Property Management
Energy Water & Environment Transportation Infrastructure
Civil Work Department Overseas Department Building Department
Industrial Plant Department Energy & Power Department
Building Department Energy & Power Department
SERV
ICES
/PRO
DUCT
SDE
PART
MEN
T, SU
BSID
IARI
ES, A
SSOC
IATE
S
Spirit of Innovation | 8
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 2015
3,734
3,068.94
2,596.9092,318.154
2,033.21,827.7
1,557.211,252.74
1,041.24
683.12
309.11209.7
2,8282,596
2,817
2,0531,7141,5831,424
1,146
778679489
220220489
679 778
1,1461,424 1,583 1,714
2,053
2,8172,596
2,828
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 2015
19,077.1
13,158.2211,562.61
10,589.5510,909.5
9,133.378,573.46
4,303.323,624.353,383.022,767.73
783.11
9,817
7,9526,376
5,2614,4873,5303,3782,7452,3831,890
619269269 6191,890 2,383 2,745 3,378 3,530
4,487 5,2616,376
7,952
9,817
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 2015
1,034.35
658.42
165.67165.6761.6260.6359.6559.2558.6561.5810.780.49
3,6343,5173,3143,359
2,0402,0402,0401,9821,9811,9811,8851,8841,884 1,885 1,981 1,981 1,982 2,040 2,040 2,040
3,359 3,3143,517 3,634
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2014 2015
1,376.31
1,039.191,018.191,018.19
357.55338.48232.83212.85
152.46117.57108.778.63
1,354
1,0841,014
3873623323192492121621158282 115 162 212 249
319 332 362 387
1,0141,084
1,354
SEGMENT: INDUSTRY SEGMENT: INFRA & BUILDING
SEGMENT: ENERGY & IND. PLANT SEGMENT: PROPERTY & REALTY
NEW CONTRACT
BOARD GUIDANCE#5 PT WIJAYA KARYA (Persero) Tbk. 9
GROUP PERFORMANCE
Spirit of Innovation 10
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Total 2015 New Contract 2015 New Contract 2014 Total 2014
17,632
15,14813,522
11,060
8,6037,4857,160
6,1235,3554,712
3,1082,456
2,4841,626
2,4622,4571,118
3251,038768643
1,604652
2,456
7,270
2,6081,252730
2,002937
4,595
9516311,0492,124
1,072
25,222
17,951.77
15,343.3814,092
13,361.89
11,360.1810,423
5,8284,8774,245
3,196
1,072
2,456 3,1084,712 5,355
6,1237,160 7,485
8,603
11,060
13,52215,148
17,632
2,456
6521,604
643 768 1,038325
1,1182,457 2,462
1,6262,484
NEW CONTRACT CYCLENEW CONTRACT FY2015 25,221.76 FY2014 17,631.94
Spirit of Innovation 11
Industrial Plant
Precast
Building
Property
Toll, Road&Bridges
Port, Irrigation, DAM
Manufacture&Constr
Bitumen
Power Plant 404.75
18
746
4,167
9,116
1,376
5,785
2,969
640
0.43
61
580
2,289
1,321
1,354
6,207
2,186
3,633
FY2014 FY2015
NEW CONTRACT BASED ON SCOPE OF WORK (FY2015)
NEW CONTRACT FY2015 25,221.76 FY2014 17,631.94
20.61%
12.40%2.54%
11.77%35.20%
22.93%7.68%5.46%
7.49%36.14%
12.98%16.52%
3.29%2.96%
0.07%0.0%
1.60%
0.35%
Spirit of Innovation 12
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
18,669
12,84510,94310,71611,058
9,9629,253
4,9204,4473,5272,356965
6,5525,107
4,4003,3762,3041,3981,170908429719800
106 14,51415,27815,15114,49014,58014,23814,52014,37914,48514,30614,50714,103
8,7889,4228,6769,4419,4848,6018,7678,7428,6148,6858,2446,596
Carry Over JO Carry Over Non JO New Contract JO New Contract Non JO
24,91126,154
28,785 28,927 29,33430,683 30,469
31,688
34,767
37,25239,189
41,416
ORDER BOOK (NEW CONTRACT + CARRY OVER) (FY2015)ORDER BOOK FY2015 48,523.24 FY2014 41,416.33
Spirit of Innovation 13
(IDR.Bio)NEW CONTRACT AND CARRY OVER
FY2015 MAJOR AWARDED PROJECTS
- Oecusie Airport-Timor Leste Rp1.008Tr
- Pasellorang Dam Rp478.27Bn
- Keureuto Dam Rp406.91Bn
- Elevated Non Toll Ciledug Rp319.28Bn
- Bogor Ciawi Toll-Road Rp322.92Bn
- Container Yard Lamong Rp325.48Bn
- Bogor-Ciawi Toll Road Rp322.92Bn
- Solo-Kertosono Toll Road (Loan) Rp717.79Bn
- Double-Double Track Maggarai Rp330Bn
- Lampung Toll Road Rp2.181Tr
- Seroja Toll Road Rp628Bn
- G Island Bridge Rp300Bn
- Bp Tangguh Ncdt Rp357Bn
FY2015
FY2014 FY2015
7.68%20.61%
55.68%
16.04%
25,221.76
FY2014 FY2015
3.66%
31.93%
58.02%
6.39%
23,784.39
Industry Infra & Building Energy & Industrial Plant Property & realty
NEW CONTRACT CARRY OVER
17,631.94
5.46%4.10%
75.64%
14.80%
23,301.49 4.23%
36.40%
55.61%
3.76%
ORDER BOOK FY2015 48,523.24 FY2014 41,416.33
Spirit of Innovation 14
(bilion Rp.)NEW CONTRACT BASED ON PROJECT OWNER
55.7%29.0%
15.3%
39.7%
17.8%
42.5%2010 2011 2012 2013 2014 2015F
31.6%
28.2%
40.2%
51.0%
30.6%
18.4%
55.7%
29%
15.3%
Private SOE Government
25.21%22.17%
52.02%
2014DECEMBER
2015DECEMBER
Spirit of Innovation | 15
0
450
900
1350
1800
2012 2013 2014 2015
431.7
195.8
81.122.5
95.75
27.6
133.8
663.4
424.75
311.8
56.9
782.97
510.8482 SubsidiariesFixed AssetBusiness DevelopmentCapital Placement
1,045.9
691.4 753.8
CAPITAL EXPENDITURE 2014F
22.5
1,735.17
BOARD GUIDANCE#5 PT WIJAYA KARYA (Persero) Tbk. 16
GUIDANCE 2016
Spirit of Innovation |
ORDER BOOK & NEW CONTRACT 2008 - 2016F
2008 2009 2010 2011 2012 2013 2014 2015 FY2016F
52,260
25,250
17,63217,73117,12513,568
10,22310,2518,961
86,003
48,523
41,41638,267
33,718
26,591
20,83917,907
14,590
Order Book New Contract17
(stated in Billion IDR)
Spirit of Innovation 18
(IDR.Bio)NEW CONTRACT AND CARRY OVER
ORDER BOOK FY2014 41,416.33 FY2015 48,523.24 FY2016F 86,003.03
FY2016F
FY2014 FY2015 FY2016
7.68%20.61%
55.68%
16.04%
17,631.94
FY2014 FY2015 FY2016F
3.66%
31.93%
58.02%
6.39%
23,784.39
Industry Infra & Building Energy & Industrial Plant Property & realty
NEW CONTRACT CARRY OVER
25,221.76 5.46%4.10%
75.64%
14.80%
23,301.49 1.92%29.23%
64.74%
4.11%
52,259.96
33,743.07
4.52%13.87%
72.46%
9.14%
2.60%
22.66%
68.92%
5.82%
PT WIJAYA KARYA (Persero) Tbk. 19
NEW CONTRACT BASED ON SCOPE OF WORK (2016F)
Industrial Plant
Precast
Building
Property
Toll, Road&Bridges
Port, Irrigation, DAM
Manufacture&Constr
Bitumen
Power Plant 4,468.6
107
1,045
4,549
26,307
2,363
5,880
3,625
3,914
FY2016F
NEW CONTRACT FY2016F 52,259.96
7.49%
6.94%
34.82%11.25%
4.52%
50.34%
8.70%
1.99%
8.55%
0.20%
PT WIJAYA KARYA (Persero) Tbk. 20
NEW CONTRACT BASED ON PROJECT OWNER
34.82%
50.09%
2010 2011 2012 2013 2014 2015 2016F
31.6%
28.2%
40.2%
51.0%
30.6%
18.4%
55.7%
29%
15.3%
Private SOE Government
63.42%
15.85%
20.73%
39.69%
42.54%
17.77%
BOARD GUIDANCE#5 PT WIJAYA KARYA (Persero) Tbk. 21
IR’s UPDATE
Spirit of Innovation
Number of Outstanding
Shares
(as of December 31st, 2
015
6.149.225.000
22
SHAREHOLDER’S STRUCTURE
Employees 1.09%
Foreign 15.18%
Indo Mutual Funds 5.86%
Indo Corporates 9.43%
Indonesian 3.39%
Government 65.05%
2015DECEMBER
23
FOREIGN OWNERSHIP WIKA SHARES 2007-2015
0%
5.5%
11%
16.5%
22%
Jan
May Sep Jan
May Sep Jan
May Sep Jan
May Sep Jan
May Sep Jan
May Sep Jan
May Sept
15.59%
WIKA’s shares price WIKA’s foreign ownership
IDR 2.815
Spirit of Innovation
DisclaimerThis material is for Information only, and we are not soliciting any action based upon it. This report is not to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. The Information herein has been obtained from sources believed to be reliable, but we do not warrant that it is accurate or complete, and it should not be relied upon as such. Opinion expressed is our current opinion as of the date appearing on this material only, and subject to change without notice. It is intended for the use by recipient only and may not be reproduced or copied/photocopied or duplicated or made available in any form, by any means, or redistributed to others without written permission of PT Wijaya Karya (Persero) Tbk.
24
For further information Please contact Investor RelationsPT Wijaya Karya (Persero) TbkD.I Panjaitan Kav. 9 Jakarta 13340IndonesiaPhone: +62 21 8192808Fax: +62 21 [email protected] PuspitaAnggraeni SuryaHutagaol PurbaYudhaTama
IR contact