KAEF Kimia Farma Tbk.

COMPANY REPORT : JANUARY 2019 As of 31 January 2019

Main Board Individual Index : 2,950.000
Industry Sector : Consumer Goods Industry (5) Listed Shares : 5,554,000,000
Industry Sub Sector : Pharmaceuticals (53) Market Capitalization : 16,384,300,000,000
69 | 16.4T | 0.22% | 78.89%

165 | 1.24T | 0.06% | 94.66%

COMPANY HISTORY SHAREHOLDERS (December 2018)

Established Date : 23-Jan-1969 1. Republic of Indonesia 5,000,000,000 : 90.03%
Listing Date : 04-Jul-2001 (IPO Price: 200) 2. Public (<5%) 554,000,000 : 9.97%
Underwriter IPO :
Danareksa Sekuritas DIVIDEND ANNOUNCEMENT
Securities Administration Bureau : Bonus Cash Recording Payment
F/I
PT Datindo Entrycom Year Shares Dividend Cum Date Ex Date Date Date
2001 10.72 26-Jun-02 27-Jun-02 2-Jul-02 15-Jul-02 F
BOARD OF COMMISSIONERS 2002 1.91 6-Jun-03 7-Jun-03 11-Jun-03 25-Jun-03 F
1. Untung Suseno Sutarjo 2003 3.09 8-Jun-04 9-Jun-04 11-Jun-04 26-Jun-04 F
2. Chrisma Aryani Albandjar 2004 4.18 2-Jun-05 3-Jun-05 7-Jun-05 21-Jun-05 F
3. Muhammad Umar Fauzi 2005 2.85 13-Jun-06 14-Jun-06 16-Jun-06 30-Jun-06 F
4. Nurrachman *) 2006 2.37 18-Jun-07 19-Jun-07 21-Jun-07 5-Jul-07 F
5. Wahono Sumaryono *) 2007 2.82 18-Jun-08 17-Jun-08 20-Jun-08 2-Jul-08 F
*) Independent Commissioners 2008 2.49 25-Jun-09 26-Jun-09 30-Jun-09 14-Jul-09 F
2009 3.38 1-Feb-11 2-Feb-11 7-Feb-11 14-Feb-11 F
BOARD OF DIRECTORS 2010 5.00 7-Jul-11 8-Jul-11 12-Jul-11 26-Jul-11 F
1. Honesti Basyir 2011 6.19 14-Jun-12 15-Jun-12 19-Jun-12 3-Jul-12 F
2. Arief Pramuhanto 2012 5.54 1-May-13 2-May-13 6-May-13 17-May-13 F
3. I.G.N. Suharta Wijaya 2013 9.66 17-Apr-14 21-Apr-14 23-Apr-14 8-May-14 F
4. Pujianto 2014 8.45 15-Apr-15 16-Apr-15 20-Apr-15 8-May-15 F
5. Verdi Budidarmo 2016 9.63 28-Apr-17 2-May-17 4-May-17 24-May-17 F
2017 17.66 26-Apr-18 27-Apr-18 2-May-18 23-May-18 F
AUDIT COMMITTEE
1. Nurrachman ISSUED HISTORY
2. Muhammad Umar Fauzi Listing Trading
3. Sri Yanto No. Type of Listing Shares Date Date
4. Tjahjo Winarto 1. First Issue 500,000,000 4-Jul-01 4-Jul-01
2. Negara RI (Series A) 1 4-Jul-01 4-Jul-01
CORPORATE SECRETARY 3. Company Listing 5,053,999,999 4-Jul-01 4-Jul-01
Ganti Winarno Putro

HEAD OFFICE
Jl. Veteran No. 9
Jakarta 10110
Phone : (021) 384-7709
Fax : (021) 381 4441
Homepage : www.kimiafarma.co.id
Email : [email protected]
[email protected]
 KAEF Kimia Farma Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Kimia Farma 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)
3,600 240 Jan-15 1,475 1,225 1,340 8,092 44,418 59,116 21
Feb-15 1,460 1,220 1,430 11,925 91,233 122,860 19
3,150 210 Mar-15 1,455 1,275 1,315 6,536 31,674 42,727 22
Apr-15 1,315 1,050 1,230 7,658 40,391 49,157 21
May-15 1,275 1,090 1,120 8,914 45,735 53,295 19
2,700 180
Jun-15 1,120 940 995 4,385 19,452 19,524 21
Jul-15 1,165 960 990 6,201 27,728 28,931 19
2,250 150
Aug-15 1,005 605 700 10,354 66,933 50,841 20
Sep-15 765 590 640 7,293 45,242 30,927 21
1,800 120
Oct-15 970 620 865 17,023 170,674 131,362 21
Nov-15 1,050 845 970 12,485 98,700 94,360 21
1,350 90 Dec-15 990 785 870 6,496 46,183 39,977 19

900 60 Jan-16 1,145 835 1,050 15,532 149,354 145,706 20

Feb-16 1,180 1,055 1,075 10,011 135,884 153,518 20
450 30 Mar-16 1,325 1,060 1,270 12,119 190,056 238,832 21
Apr-16 1,395 1,140 1,205 12,645 134,048 174,501 21
May-16 1,255 1,075 1,190 5,693 24,737 29,243 20
Jun-16 1,305 1,110 1,155 6,984 33,820 41,029 22
Jan-15 Jan-16 Jan-17 Jan-18 Jan-19
Jul-16 1,295 1,120 1,245 8,016 79,309 97,878 16
Aug-16 3,000 1,245 2,980 43,063 484,432 1,067,634 22
Sep-16 3,400 2,000 2,470 84,223 741,659 2,003,858 21
Closing Price*, Jakarta Composite Index (IHSG) and Oct-16 2,720 2,110 2,170 34,102 146,439 366,468 21
Consumer Goods Industry Index Nov-16 2,940 2,150 2,730 67,177 445,719 1,266,110 22
January 2015 - January 2019 Dec-16 2,980 2,580 2,750 39,181 395,666 1,139,928 20
150%
Jan-17 2,790 2,000 2,040 33,058 159,009 379,322 21
120% Feb-17 2,270 1,750 1,750 24,047 91,998 190,410 19
104.2% Mar-17 2,100 1,750 1,795 27,536 81,410 156,856 22
90% Apr-17 2,550 1,635 2,450 40,641 169,810 365,097 17
May-17 3,110 2,340 2,760 27,749 108,029 290,716 20
60% Jun-17 3,100 2,710 2,890 12,805 50,221 148,906 15
Jul-17 3,300 2,750 3,200 13,169 65,320 189,600 21
Aug-17 3,400 2,750 3,250 11,259 85,449 274,279 22
30% 24.6%
Sep-17 3,320 2,690 2,740 7,525 50,986 153,145 19
20.7%
Oct-17 2,990 2,600 2,770 8,348 66,939 186,557 22
-
Nov-17 2,770 2,250 2,270 5,278 15,539 41,160 22
Dec-17 2,880 2,120 2,700 24,269 213,983 591,301 18
-30%

Jan-18 2,730 2,400 2,440 8,228 65,729 163,949 22

-60% Feb-18 2,690 2,370 2,400 7,439 32,734 81,759 19
Mar-18 2,690 2,030 2,190 11,243 56,294 133,858 21
-90% Apr-18 2,370 2,130 2,150 4,045 59,863 141,592 21
Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 May-18 2,880 1,990 2,540 7,799 32,741 78,005 20
Jun-18 2,800 2,350 2,360 3,703 11,697 30,034 13
Jul-18 2,590 2,110 2,330 3,308 51,623 120,818 22
SHARES TRADED 2015 2016 2017 2018 Jan-19 Aug-18 2,480 2,300 2,360 1,972 26,404 60,217 21
Volume (Million Sh.) 728 2,961 1,159 466 92 Sep-18 2,730 2,010 2,550 3,589 37,137 87,696 19
Value (Billion Rp) 723 6,725 2,967 1,133 274 Oct-18 2,600 2,300 2,450 2,741 29,622 71,579 23
Frequency (Thou. X) 107 339 236 59 12 Nov-18 2,660 2,450 2,500 2,070 27,108 68,869 21
Days 244 246 238 240 22 Dec-18 3,000 2,450 2,600 3,194 34,784 94,492 18

Price (Rupiah) Jan-19 3,730 2,470 2,950 12,093 91,821 274,073 22

High 1,475 3,400 3,400 3,000 3,730
Low 590 835 1,635 1,990 2,470
Close 870 2,750 2,700 2,600 2,950
Close* 870 2,750 2,700 2,600 2,950

PER (X) 19.42 65.90 45.89 48.07 54.54

PER Industry (X) 17.71 23.77 18.48 24.94 36.52
PBV (X) 2.59 6.84 5.83 5.19 5.88
* Adjusted price after corporate action
 KAEF Kimia Farma Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Hadori, Sugiarto, Adi & 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 573,360 460,994 647,684 989,637 1,363,623 8,750

Receivables 525,094 576,206 733,056 978,942 1,847,230

687,407 742,318 967,327 1,192,343 1,759,387 7,000
Inventories
Current Assets 2,040,431 2,100,922 2,906,737 3,662,090 5,578,440
5,250
Fixed Assets 557,939 681,743 1,006,745 1,687,785 2,313,195
Other Assets 147,995 182,351 219,953 220,560 187,514
3,500
Total Assets 2,968,185 3,236,224 4,612,563 6,096,149 8,626,246
Growth (%) 9.03% 42.53% 32.16% 41.50% 1,750

Current Liabilities 854,812 1,088,431 1,696,209 2,369,507 3,757,580 -

Long Term Liabilities 302,229 285,696 644,946 1,154,121 2,084,534 2014 2015 2016 2017 Sep-18
Total Liabilities 1,157,041 1,374,127 2,341,155 3,523,628 5,842,113
Growth (%) 18.76% 70.37% 50.51% 65.80%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 2,000,000 2,000,000 2,000,000 2,000,000 2,000,000 2,784
Paid up Capital 5,554 555,400 555,400 555,400 555,400 2,784
2,573
Paid up Capital (Shares) 56 5,554 5,554 5,554 5,554 2,271

Par Value 100 100 100 100 100 1,862

2,216

1,811
Retained Earnings 1,180,149 311,610 1,672,567 1,945,868 2,073,072
1,811,144 1,862,097 2,271,407 2,572,521 2,784,133
1,648

Total Equity
Growth (%) 2.81% 21.98% 13.26% 8.23% 1,080

INCOME STATEMENTS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 512

Total Revenues 4,521,024 4,860,371 5,811,503 6,127,479 5,307,365

Growth (%) 7.51% 19.57% 5.44%
-56

2014 2015 2016 2017 Sep-18

Cost of Revenues 3,135,542 3,323,619 3,947,607 3,925,600 3,364,494

Gross Profit 1,385,482 1,536,752 1,863,896 2,201,880 1,942,871
TOTAL REVENUES (Bill. Rp)
Expenses (Income) 1,043,001 1,162,475 1,421,072 1,666,218 1,459,576
Operating Profit 342,481 374,277 442,824 535,661 483,295 6,127
5,812
Growth (%) 9.28% 18.31% 20.96%
6,127

5,307
4,860
4,877
4,521
Other Income (Expenses) -26,870 -36,142 -59,798 -85,952 -126,620
Income before Tax 315,611 338,135 383,026 449,710 356,675 3,627

Tax 79,080 85,163 111,428 118,002 130,698

Profit for the period 236,531 252,973 271,598 331,708 225,977 2,377

Growth (%) 6.95% 7.36% 22.13%

1,127

Period Attributable 234,626 248,849 267,414 326,786 225,288 -123

Comprehensive Income 236,531 187,943 246,893 323,867 203,221 2014 2015 2016 2017 Sep-18
Comprehensive Attributable 234,626 183,820 242,709 326,786 202,532

RATIOS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 238.70 193.02 171.37 154.55 148.46
332
Dividend (Rp) 8.45 - 9.63 17.66 - 332

EPS (Rp) 4,224.45 44.81 48.15 58.84 40.56 272

253
BV (Rp) 32,609.72 335.27 408.97 463.18 501.28 264
237 226
DAR (X) 0.39 0.42 0.51 0.58 0.68
DER(X) 0.64 0.74 1.03 1.37 2.10
196

ROA (%) 7.97 7.82 5.89 5.44 2.62 129

ROE (%) 13.06 13.59 11.96 12.89 8.12

GPM (%) 30.65 31.62 32.07 35.93 36.61 61

OPM (%) 7.58 7.70 7.62 8.74 9.11

NPM (%) 5.23 5.20 4.67 5.41 4.26
-7

2014 2015 2016 2017 Sep-18

Payout Ratio (%) 0.20 - 20.00 30.01 -
Yield (%) 0.58 - 0.35 0.65 -

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