Idx Company Fact Sheet Lq45 2021 01

IDX
Company Fact Sheet

LQ45 February - July 2021
Data Services Division

Indonesia Stock Exchange
List of Contents
LQ45 1. ACES Ace Hardware Indonesia Tbk.
2. ADRO Adaro Energy Tbk.
Companies 3. AKRA AKR Corporindo Tbk.
in Period of 4. ANTM Aneka Tambang Tbk.
5. ASII Astra International Tbk.
Feb - Jul 2021 6. BBCA Bank Central Asia Tbk.
7. BBNI Bank Negara Indonesia (Persero) Tbk.
8. BBRI Bank Rakyat Indonesia (Persero) Tbk.
9. BBTN Bank Tabungan Negara (Persero) Tbk.
10. BMRI Bank Mandiri (Persero) Tbk.
11. BSDE Bumi Serpong Damai Tbk.
12. BTPS Bank BTPN Syariah Tbk.
13. CPIN Charoen Pokphand Indonesia Tbk.
14. CTRA Ciputra Development Tbk.
15. ERAA Erajaya Swasembada Tbk.
16. EXCL XL Axiata Tbk.
17. GGRM Gudang Garam Tbk.
18. HMSP H.M. Sampoerna Tbk.
19. ICBP Indofood CBP Sukses Makmur Tbk.
20. INCO Vale Indonesia Tbk.
21. INDF Indofood Sukses Makmur Tbk.
22. INKP Indah Kiat Pulp & Paper Tbk.
23. INTP Indocement Tunggal Prakarsa Tbk.
24. ITMG Indo Tambangraya Megah Tbk.
25. JPFA Japfa Comfeed Indonesia Tbk.
26. JSMR Jasa Marga (Persero) Tbk.
27. KLBF Kalbe Farma Tbk.
28. MDKA Merdeka Copper Gold Tbk.
29. MEDC Medco Energi Internasional Tbk.
30. MIKA Mitra Keluarga Karyasehat Tbk.
31. MNCN Media Nusantara Citra Tbk.
32. PGAS Perusahaan Gas Negara Tbk.
33. PTBA Bukit Asam Tbk.
34. PTPP PP (Persero) Tbk.
35. PWON Pakuwon Jati Tbk.
36. SMGR Semen Indonesia (Persero) Tbk.
37. SMRA Summarecon Agung Tbk.
38. TBIG Tower Bersama Infrastructure Tbk.
39. TKIM Pabrik Kertas Tjiwi Kimia Tbk.
40. TLKM Telkom Indonesia (Persero) Tbk.
41. TOWR Sarana Menara Nusantara Tbk.
42. TPIA Chandra Asri Petrochemical Tbk.
43. UNTR United Tractors Tbk.
44. UNVR Unilever Indonesia Tbk.
45. WIKA Wijaya Karya (Persero) Tbk.
ACES
Ace Hardware Indonesia Tbk

IDX Company Fact Sheet
ACES Ace Hardware Indonesia Tbk

Date: 29 Jan 2021 v2.0.0
Company Profile Company History

PT Ace Hardware Indonesia Tbk has a main business field of Trading. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are PRABOWO PT CLSA Indonesia
WIDYA KRISNADI and KUNCORO WIBOWO. The largest shareholder of the 03 Feb 1995 06 Nov 2007 820
company is PT KAWAN LAMA SEJAHTERA (59.97%). The percentage of public
shareholding (<5%) is 39.86%. PT Ace Hardware Indonesia Tbk has 2 Stock Overview
subsidiaries. One of the biggest subsidiaries is PT TOYS KINGDOM
INDONESIA. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
For more information click here: Main 26,754,000,000,000 7,810,183,392,511
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=ACES
Listed Shares % of All Stocks % of All Stocks
Trading by Investor Types 17,150,000,000 0.39% 0.31%
Total Trading Value* Free Float Shares Rank Rank

(in billion IDR) Year 2020 YTD 2021 39.86% 47 of 719 68 of 719
Domestic 6,220.9 691.7
Individual 57.42% 60.22% Industrial Classification
40% 33%
Institution 42.56% 39.77%
Others 0.02% 0.01% Sector Industry
Foreign 9,344.4 1,377.6 E Consumer Cyclicals E74 Specialty Retail
60% 67%
Individual 0.22% 0.14%
Institution 77.12% 83.19% Sub-Sector Sub-Industry
Others 22.67% 16.68% E7 Retailing E743 Home Improvement Retail
Year 2020 YTD 2021
Total 15,565.2 2,069.3
Fundamental & ESG
Stock Turnover Net Foreign**
(in billion IDR) Sell (in billion IDR) PER PBV ESG Risk Rating*
D F Total Year 2020 YTD 2021
YTD 2021
36.49x 5.51x 18.42 Low
D 138.3 171.9 310.3
-619.2 71.1
F 243.1 481.3 724.4 *Total trading value by Foreign is the sum of
Total 381.4 653.2 1,034.6 foreign buy and foreign sell divided by 2. Total 0x 5x 10x 15x 20x 25x 30x 35x 40x 45x 50x 55x
Buy
trading value by Domestic is the sum of

Year 2020 domestic buy and domestic sell divided by 2.
**Net Foreign is The Total Trading Value of
D 1,442.8 1,977.3 3,420.0 "Foreign Buy-Domestic Sell" minus "Foreign Sell- ACES Sector PER Market PER
Domestic Buy".
F 1,358.0 3,004.5 4,362.6 A positive net foreign indicates a net buy by
28.06x 22.07x
Total 2,800.8 4,981.8 7,782.6 foreign investors.
Note: Please see Methodology for more details. ESG = Environmental, Social, & Governance.
*ESG Risk Rating is provided by Sustainalytics. For more information, visit www.sustainalytics.com.
Dividend Payment Corporate Action

5 Recent Releases 5 Recent Releases
Year F/I/ Ratio Cash Per Share Date Year Corp. Ex Cum Ratio RTP DF
BS/SD (in IDR/USD) Ex Record Payment Action Date Price
2020 F - Rp18.10 14-Aug-20 18-Aug-20 04-Sep-20 2012 SS 01-Nov-12 7,000 10:1 700 0.100
2019 F - Rp28.25 24-May-19 27-May-19 14-Jun-19 - - - - - - -
2018 F - Rp22.81 28-May-18 31-May-18 21-Jun-18 - - - - - - -
2017 F - Rp16.47 05-Jun-17 07-Jun-17 23-Jun-17 - - - - - - -
2015 F - Rp16.00 28-May-15 01-Jun-15 19-Jun-15 - - - - - - -
Source: Company's disclosure on IDX website. Source: Company's disclosure on IDX website.
F = Final Cash Dividend; I = Interim Cash Dividend; BS = Bonus Shares; SD = Stock Dividend Note: RTP = Rounded Theoritical Price; DF = Delution Factor.
RI = Right Issues; SS = Stock Splits; RS = Reverse Splits; BS = Bonus Shares.
Industry Peers
No. Code Company Name Market Total Profit/Loss for

Cap Asset Liabilities Equity Revenue the Period
1. ACES Ace Hardware Indonesia Tbk 26,754.00 7,247,064 2,024,821 5,222,243 7,412,767 731,311
2. MAPI Mitra Adiperkasa Tbk 12,782.00 17,650,451 11,151,051 6,499,400 14,847,398 -585,304
3. TRIO Trikomsel Oke Tbk 11,079.19 111,295 4,084,070 -3,972,775 494,470 -276,597
4. SLIS Gaya Abadi Sempurna Tbk 9,480.00 383,601 204,941 178,660 411,798 26,497
5. ERAA Erajaya Swasembada Tbk 8,836.30 11,211,369 5,523,373 5,687,996 34,113,455 671,172
Financial Statement Date: Dec 31, 2020 expressed in million IDR.
Source: Company's information submitted to IDX.
PER (x) PBV (x) ROA (%) ROE (%) DAR (x) DER (x)
1. ACES Ace Hardware Indonesia Tbk 36.49 5.51 10.09 14.00 0.28 0.39
2. MAPI Mitra Adiperkasa Tbk -23.08 2.00 -3.32 -9.01 0.63 1.72
3. TRIO Trikomsel Oke Tbk -40.71 -2.95 -248.52 6.96 36.70 -1.03
4. SLIS Gaya Abadi Sempurna Tbk 358.21 53.17 6.91 14.83 0.53 1.15
5. ERAA Erajaya Swasembada Tbk 14.44 1.64 5.99 11.80 0.49 0.97
Note: The selected peers are based on the proximity of stocks' market capitalization.
Except Trailing PER & PBV (in times), data in this section is in Million IDR. Market Cap, Trailing PER, and PBV are as of Jan 30, 2022. Financial data used are from company's most recent financial statement.
PER, ROA, & ROE are calculated by using the trailing 12 months of profit attributable to owners entity.
© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE


Date: 29 Jan 2021 v2.0.0
Stock Performance & Trading Summary

Price Performance of Last 12 Months
Feb 03, 2020 - Jan 29, 2021 ACES*
-2.50%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 -11.08%
*Adjusted Close Price; **Consumer Cyclicals
Trading Summary of Last 12 Months
Price (IDR) Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21
Highest 1,680 1,535 1,520 1,555 1,570 1,750 1,700 1,625 1,630 1,755 1,850 1,800
Lowest 1,500 1,040 1,190 1,285 1,470 1,465 1,545 1,440 1,545 1,525 1,625 1,560
Close 1,515 1,300 1,520 1,555 1,510 1,750 1,545 1,595 1,565 1,585 1,715 1,560
Adj. Close* 1,515 1,300 1,520 1,555 1,510 1,750 1,545 1,595 1,565 1,585 1,715 1,560
Growth (%) -14.19% 16.92% 2.30% -2.89% 15.89% -11.71% 3.24% -1.88% 1.28% 8.20% -9.04%
Shares Traded Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21
Volume (mill.) 367 501 605 344 430 321 368 418 207 395 500 616
Value (bill.) 582 644 815 473 647 516 602 649 327 656 863 1,035
Frequency (th.) 56 80 94 69 79 79 88 93 61 103 107 109
Days 20 21 21 16 21 22 18 22 19 21 19 20
Note: Volume in Million Shares, Value in Billion IDR, Frequency in Thousand Times.
Yearly Trading Summary of Last 5 Years Comparison to Peers
Price (IDR) 2016 2017 2018 2019 2020 Industry: Home Improvement Retail
Highest 820 1,240 1,615 1,890 1,850 No. Code 6M YTD 1Y 3Y 5Y
Lowest 735 725 1,125 1,485 1,040
Close 800 1,155 1,490 1,495 1,715 1. ACES -10.9% -9.0% -9.3% 15.6% 95.0%
Adj. Close* 800 1,155 1,490 1,495 1,715 2. MAPI 12.4% -2.5% -19.8% 5.5% 105.6%
Growth (%) 44.38% 29.00% 0.34% 14.72% 3. TRIO 0.0% 0.0% 0.0% -78.7% -78.7%
4. SLIS -7.5% -3.3% -1.7% n.a. n.a.
Shares Traded 2016 2017 2018 2019 2020 5. ERAA 88.4% 25.9% 74.2% 229.8% 2538.1%
Volume 3,248 4,763 3,832 6,253 5,114
Value 2,848 4,930 5,179 10,676 7,783 Note:
Frequency 201 308 352 1,037 1,001 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Industry peer companies are in the same industry, selected based on the proximity of stocks' market capitalization;
Days 246 238 239 245 242 *Adjusted price refers to the close price after adjustments for any applicable corporate actions.
Index Membership
No. Index Code No. Index Code

1. BISNIS-27 11. Investor33 21.
2. COMPOSITE 12. ISSI 22.
3. IDX30 13. JII70 23.
4. IDX80 14. KOMPAS100 24.
5. IDXCYCLIC 15. LQ45 25.
6. IDXESGL 16. MBX 26.
7. IDXG30 17. MNC36 27.
8. IDXQ30 18. PEFINDO25 28.
9. IDXSMC-COM 19. TRADE 29.
10. IDXSMC-LIQ 20. 30.


Date: 29 Jan 2021 v2.0.0
Financial Data & Ratios

Book End: December (Expressed in millions IDR, unless otherwise stated)
Balance Sheets Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020
Cash & Cash Equivalents 703,935 902,228 798,522 1,255,018 2,219,785
Trade receivables 28,143 89,837 36,643 89,139 143,483 Total Asset & Liabilities (Bill. Rp)
Inventories 1,590,127 1,849,189 2,519,908 2,652,703 2,453,227 Asset Liabilities
8
Current Assets 2,822,070 3,358,272 4,096,280 4,584,329 5,034,737
Investment Properties - 346,147 357,391 345,016 363,069 7
Fixed Asset 588,765 359,229 443,895 502,038 1,477,190 6

- - - - - -
5
Total Assets 3,731,102 4,428,841 5,321,181 5,920,170 7,247,064
Trade Payable 107,522 168,710 197,936 177,558 164,227 4
- - - - - - 3
- - - - - -
2
- - - - - -
Current Liabilities 388,653 478,209 631,055 567,618 844,928 1
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Total Liabilities 682,374 918,419 1,085,710 1,177,676 2,024,821
Total Equity (Bill. Rp)
Common Stocks 171,500 171,500 171,500 171,500 171,500
Paid up Capital (Shares) 17,150 17,150 17,150 17,150 17,150 5,222
Par Value 10 10 10 10 10 4,742
Retained earnings 2,567,845 3,025,975 3,668,709 4,169,724 4,629,340 4,235
Total Equity 3,048,728 3,510,422 4,235,471 4,742,494 5,222,243 3,510

3,049
Income Statements Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020
Revenues 4,935,903 5,938,576 7,239,754 8,142,717 7,412,767
Gross Profit 2,351,757 2,834,716 3,443,158 3,887,090 3,659,182
Operating Profit/Loss 729,918 869,284 1,072,420 1,162,575 853,085
Finance Costs -14,579 -5,001 -17,600 -20,775 -63,531
EBT 863,128 959,980 1,202,709 1,280,008 923,336
Tax -156,977 -179,294 -226,436 -243,398 -192,025
2016 2017 2018 2019 2020
Profit/Loss for the period 706,150 780,687 976,273 1,036,611 731,311
Profit/Loss Period Attributable 710,580 777,727 964,554 1,030,106 733,195
Comprehensive Income 682,765 741,795 1,044,485 990,585 833,807 Total Revenue (Bill. Rp)
Comprehensive Attributable 688,439 739,256 1,032,077 984,577 833,568
8,143
Cash Flow Statements Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 7,240 7,413
Net Cash - Operating 491,972 690,356 280,550 1,159,516 1,538,615
Net Cash - Investing -127,422 -187,331 -183,917 -158,078 -165,980 5,939
Net Cash - Financing -281,284 -302,259 -198,588 -547,512 -405,038 4,936
Net Increase/Decrease in C&CE 83,266 200,766 -101,955 453,927 967,597

C&CE, end of period 703,935 902,228 798,522 1,255,018 2,219,785
Ratios Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020
Current Ratio (%) 7.26 7.02 6.49 8.08 5.96
DAR (x) 0.18 0.21 0.20 0.20 0.28
DER (x) 0.22 0.26 0.26 0.25 0.39
EPS (IDR) n.a. n.a. 55.31 57.98 48.55 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 26.94 25.79 35.32

BV (IDR) 178 205 247 277 305 Profit/Loss for the Period (Bill. Rp)
PBV (x) 4.50 5.64 6.03 5.41 5.63
ROA (%) 18.93 17.63 18.35 17.51 10.09
ROE (%) 23.16 22.24 23.05 21.86 14.00 1,037
976
GPM (%) 47.65 47.73 47.56 47.74 49.36
OPM (%) 14.79 14.64 14.81 14.28 11.51 781
731
706
NPM (%) 14.31 13.15 13.48 12.73 9.87
DPS (IDR) 0.00 16.47 22.81 28.25 18.10
DPR (%) n.a. n.a. 41.24 48.72 37.28
Dividend Yield (%) 0.00 1.43 1.53 1.89 1.06
Miscellaneous Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020
No. of Listed Shares, million 17,150 17,150 17,150 17,150 17,150
Market Capitalization, billion IDR 14,320 19,808 25,554 25,639 29,412
2016 2017 2018 2019 2020
USD Rate (BI-JISDOR), IDR* 13,436 13,548 14,542 13,945 14,105
*If the company's reported financial data is in USD then the financial data is converted to IDR by multiplying with the corresponding USD Rate.

ADRO
Adaro Energy Indonesia Tbk

ADRO Adaro Energy Indonesia Tbk

Date: 29 Jan 2021 v2.0.0

PT Adaro Energy Indonesia Tbk has a main business field of Coal mining. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Garibaldi Thohir PT Danatama
and Edwin Soeryadjaya. The largest shareholder of the company is Public (<5%) 28 Jul 2004 16 Jul 2008 1,100 Makmur
(49.91%).
Stock Overview
Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=ADRO

Domestic 37,655.9 6,369.9
78% 80% Others 0.17% 0.21% Sector Industry
Foreign 10,761.7 1,609.3 A Energy A12 Coal
22% 20% Institution 77.15% 78.02% Sub-Sector Sub-Industry
Others 21.60% 20.23% A1 Oil, Gas & Coal A121 Coal Production
Year 2020 YTD 2021
Total 48,417.6 7,979.2
Fundamental & ESG
YTD 2021
18.52x 0.66x 39.76 High
D 2,579.8 634.3 3,214.0
-939.1 -58.2
Total 3,155.9 833.7 3,989.6 foreign buy and foreign sell divided by 2. Total 0x 5x 10x 15x 20x 25x 30x 35x 40x 45x 50x 55x
Buy

D 15,018.1 4,279.4 19,297.5 "Foreign Buy-Domestic Sell" minus "Foreign Sell- ADRO Sector PER Market PER
Domestic Buy".
11.38x 22.07x

2021 I - $0.01 30-Dec-21 03-Jan-21 14-Jan-21 - - - - - - -
2020 F - $0.00 04-Jun-20 05-Jun-20 19-Jun-20 - - - - - - -
2020 I Rp65.48 03-Jan-19 06-Jan-19 15-Jan-20 - - - - - - -
2019 F - Rp56.16 10-May-19 13-May-19 24-May-19 - - - - - - -
2019 I - Rp33.99 28-Dec-18 02-Jan-19 15-Jan-19 - - - - - - -
Industry Peers

1. ADRO Adaro Energy Indonesia Tbk 38,383.15 90,011,988 34,273,062 55,738,926 35,753,946 2,235,713
2. BYAN Bayan Resources Tbk 48,333.34 22,846,221 10,694,005 12,152,216 19,678,073 4,858,606
3. PTBA Bukit Asam Tbk 29,723.30 24,056,755 7,117,559 16,939,196 17,325,192 2,407,927
4. GEMS Golden Energy Mines Tbk 15,000.00 11,477,489 6,548,715 4,928,774 14,971,186 1,352,057
5. ITMG Indo Tambangraya Megah Tbk 13,841.58 16,342,462 4,405,542 11,936,920 16,719,164 533,564
1. ADRO Adaro Energy Indonesia Tbk 18.52 0.66 2.48 4.01 0.38 0.61
2. BYAN Bayan Resources Tbk 10.42 5.41 21.27 39.98 0.47 0.88
3. PTBA Bukit Asam Tbk 12.45 1.79 10.01 14.22 0.30 0.42
4. GEMS Golden Energy Mines Tbk 11.32 2.72 11.78 27.43 0.57 1.33
5. ITMG Indo Tambangraya Megah Tbk 24.86 1.07 3.26 4.47 0.27 0.37


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 ADRO*
-2.04%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Feb 20 Mar 20 Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 5.62%
*Adjusted Close Price; **Energy
Highest 1,350 1,205 1,150 1,100 1,180 1,155 1,150 1,250 1,220 1,390 1,570 1,525
Lowest 1,155 645 875 890 995 1,040 1,030 1,120 1,110 1,110 1,375 1,200
Close 1,155 990 920 1,100 995 1,085 1,085 1,135 1,125 1,390 1,430 1,200
Adj. Close* 1,155 990 920 1,100 995 1,085 1,085 1,135 1,125 1,390 1,430 1,200
Growth (%) -14.29% -7.07% 19.57% -9.55% 9.05% 0.00% 4.61% -0.88% 23.56% 2.88% -16.08%
Volume (mill.) 862 1,585 1,016 1,240 1,450 1,696 1,105 1,870 1,276 2,688 3,859 2,865
Value (bill.) 1,103 1,454 992 1,235 1,576 1,866 1,225 2,196 1,480 3,382 5,773 3,990
Frequency (th.) 101 177 136 135 182 164 122 183 129 256 399 355
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Coal Production
Lowest 437 1,480 1,215 1,020 645
Close 525 1,860 1,215 1,555 1,430 1. ADRO 10.6% -16.1% -2.0% -51.0% 128.6%
Adj. Close* 525 1,860 1,215 1,555 1,430 2. BYAN 9.6% -6.3% -4.6% 35.5% 80.7%
Growth (%) 254.29% -34.68% 27.98% -8.04% 3. PTBA 27.1% -8.2% 16.7% -24.1% 189.9%
4. GEMS 0.0% 0.0% 0.0% 0.0% 54.5%
Shares Traded 2016 2017 2018 2019 2020 5. ITMG 55.1% -11.6% 21.9% -59.6% 154.7%
Volume 15,197 8,996 17,724 14,956 19,978
Value 15,784 15,733 33,061 20,018 24,209 Note:
Frequency 916 863 1,412 1,332 2,127 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Index Membership

1. BISNIS-27 11. JII 21.
2. COMPOSITE 12. JII70 22.
3. IDX30 13. KOMPAS100 23.
4. IDX80 14. LQ45 24.
5. IDXENERGY 15. MBX 25.
6. IDXHIDIV20 16. MINING 26.
7. IDXSMC-COM 17. MNC36 27.
9. IDXV30 19. 29.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

Cash & Cash Equivalents 14,469,873 16,350,377 13,493,464 21,979,983 16,555,081
Trade receivables 4,040,057 4,263,799 5,393,541 4,327,468 3,161,579 Total Asset & Liabilities (Bill. Rp)
Inventories 986,431 1,157,893 1,628,777 1,687,763 1,482,915 Asset Liabilities
120
Current Assets 21,399,719 26,813,687 23,271,475 29,422,890 24,424,486
- - - - - -
100
Fixed Asset 20,747,697 20,410,780 23,408,272 24,019,049 21,713,731
- - - - - - 80
Total Assets 87,633,045 92,318,064 102,677,499 100,642,529 90,011,988
Trade Payable 2,791,920 3,782,100 4,969,961 4,678,840 3,022,321 60
Curr. Maturities - Bank Loans 1,650,613 2,725,316 2,656,402 7,057,007 8,289,748

- - - - - - 40
- - - - - -
20
Current Liabilities 8,660,241 10,476,695 11,872,714 17,188,621 16,149,139
Long-term Bank Loans 16,676,736 14,778,565 15,596,688 7,692,090 600,915 -
Long-term Bonds Payable - - - 10,235,825 10,394,863 2016 2017 2018 2019 2020
- - - - - -
Total Liabilities 36,765,935 36,884,701 40,107,752 45,094,086 34,273,062
Common Stocks 4,607,742 4,646,151 4,987,033 4,782,298 4,837,169
Par Value 100 100 100 100 100 55,433 55,548 55,739
50,867
Retained earnings 21,868,555 26,645,136 31,429,290 31,914,485 33,105,295
Total Equity 50,867,111 55,433,363 62,569,747 55,548,443 55,738,926
Revenues 33,915,675 44,143,895 52,638,419 48,210,013 35,753,946
Gross Profit 9,207,368 15,465,069 17,598,830 13,451,221 8,134,763
Operating Profit/Loss 7,176,181 12,976,965 14,777,711 10,207,824 5,802,064
Finance Costs -671,881 -717,963 -946,452 -925,056 -1,261,340
EBT 7,343,043 12,593,286 11,938,953 9,191,191 3,133,637
Tax -2,765,586 -5,325,624 -4,994,552 -3,125,088 -897,924
2016 2017 2018 2019 2020
Profit/Loss for the period 4,577,457 7,267,662 6,944,401 6,066,103 2,235,713
Profit/Loss Period Attributable 4,495,968 6,547,708 6,074,484 5,636,430 2,072,405
Comprehensive Income 5,129,462 7,019,639 6,814,541 5,403,799 1,396,423 Total Revenue (Bill. Rp)
Comprehensive Attributable 5,031,916 6,303,790 5,974,581 4,945,706 1,219,702
52,638
Cash Flow Statements Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 48,210
Net Cash - Operating 9,076,327 11,565,657 13,173,743 12,791,511 10,387,359 44,144
Net Cash - Investing -3,068,567 -5,871,473 -11,534,075 -7,509,438 -5,068,420

35,754
Net Cash - Financing -980,747 -3,910,779 -5,502,707 3,671,719 -10,973,225 33,916
Net Increase/Decrease in C&CE 5,027,012 1,783,405 -3,863,039 8,953,792 -5,654,285

C&CE, end of period 14,469,873 16,350,377 13,493,464 21,979,983 16,555,081
Current Ratio (%) 2.47 2.56 1.96 1.71 1.51
DAR (x) 0.42 0.40 0.39 0.45 0.38
DER (x) 0.72 0.67 0.64 0.81 0.61
EPS (IDR) n.a. n.a. 193.55 223.87 47.32 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 6.28 6.95 30.22

BV (IDR) 1,590 1,733 1,956 1,737 1,743 Profit/Loss for the Period (Bill. Rp)
PBV (x) 0.33 1.07 0.62 0.90 0.82
ROA (%) 5.22 7.87 6.76 6.03 2.48 7,268
6,944
ROE (%) 9.00 13.11 11.10 10.92 4.01
GPM (%) 27.15 35.03 33.43 27.90 22.75 6,066
OPM (%) 21.16 29.40 28.07 21.17 16.23

4,577
NPM (%) 13.50 16.46 13.19 12.58 6.25
DPS (IDR) 0.00 0.01 65.39 90.15 65.48
DPR (%) n.a. n.a. 33.79 40.27 138.38
2,236
Dividend Yield (%) 0.00 0.00 5.38 5.80 4.58
2016 2017 2018 2019 2020

AKRA
AKR Corporindo Tbk

AKRA AKR Corporindo Tbk

Date: 29 Jan 2021 v2.0.0

PT AKR Corporindo Tbk has a main business field of Trade and distribution of Established Listing Date IPO Price (IDR) IPO Lead Underwriter
fuel and basic chemicals. The company's President Director and President PT Lippo Securities
Commisioner are Haryanto Adikoesoemo and Soegiarto Adikoesoemo. The 28 Nov 1977 03 Oct 1994 4,000
largest shareholder of the company is PT Arthakencana Rayatama (59.60%).
The percentage of public shareholding (<5%) is 38.72%. PT AKR Corporindo Stock Overview
Tbk has 9 subsidiaries. One of the biggest subsidiaries is PT. USAHA ERA
PRATAMA NUSANTARA DAN ENTITAS ANAK. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=AKRA

Domestic 23,837.1 3,257.7
Foreign 3,300.6 423.6 A Energy A11 Oil & Gas
Others 31.74% 27.50% A1 Oil, Gas & Coal A112 Oil & Gas Storage & Distribution
Year 2020 YTD 2021
Total 27,137.7 3,681.2
Fundamental & ESG
YTD 2021
12.33x 1.11x 27.44 Medium
D 1,453.0 119.7 1,572.8
-687.5 112.1
Buy

D 10,719.2 1,543.1 12,262.3 "Foreign Buy-Domestic Sell" minus "Foreign Sell- AKRA Sector PER Market PER
Domestic Buy".
F 855.6 450.9 1,306.5 A positive net foreign indicates a net buy by
11.38x 22.07x

2020 F - Rp50.00 05-Aug-20 06-Aug-20 13-Aug-20 2010 RI 29-Jan-10 1,250 5:1 1,190 0.948
2020 F - Rp50.00 13-May-20 14-May-20 03-Jun-20 2007 SS 26-Jul-07 5,500 5:1 1,100 0.200
2019 I - Rp60.00 06-Aug-19 07-Aug-19 16-Aug-19 2004 RI 01-Oct-04 1,700 1:2 900 0.529
2019 F - Rp120.00 10-May-19 13-May-19 17-May-19 1996 SS 30-Sep-96 2,450 2:1 1,230 0.500
2018 I - Rp120.00 12-Jul-18 16-Jul-18 03-Aug-18 1996 BS 27-Feb-96 5,850 10:6 3,675 0.625
Industry Peers

1. AKRA AKR Corporindo Tbk 11,401.73 18,683,573 8,127,217 10,556,356 17,715,928 961,997
2. PGAS Perusahaan Gas Negara Tbk 32,604.83 106,266,878 64,580,413 41,686,465 40,700,487 -3,043,405
3. BULL Buana Lintas Lautan Tbk 4,752.96 11,679,007 6,741,801 4,937,205 2,742,417 532,633
4. INPS Indah Prakasa Sentosa Tbk 4,517.50 453,895 330,546 123,349 255,667 -17,301
5. HITS Humpuss Intermoda Transportasi 3,337.51 3,145,077 2,185,794 959,283 1,273,046 103,133
1. AKRA AKR Corporindo Tbk 12.33 1.11 5.15 9.11 0.43 0.77
2. PGAS Perusahaan Gas Negara Tbk -8.73 0.67 -2.86 -7.30 0.61 1.55
3. BULL Buana Lintas Lautan Tbk 9.36 0.96 4.56 10.79 0.58 1.37
4. INPS Indah Prakasa Sentosa Tbk -260.61 35.61 -3.81 -14.03 0.73 2.68
5. HITS Humpuss Intermoda Transportasi 54.02 3.16 3.28 10.75 0.69 2.28


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 AKRA*
-10.13%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 3,400 2,550 2,400 2,520 2,640 2,880 3,060 2,960 2,710 2,950 3,540 3,410
Lowest 2,650 1,495 1,775 2,210 2,310 2,420 2,770 2,510 2,570 2,570 2,990 2,810
Close 2,650 1,975 2,400 2,350 2,540 2,880 2,900 2,550 2,680 2,910 3,180 2,840
Adj. Close* 2,650 1,975 2,400 2,350 2,540 2,880 2,900 2,550 2,680 2,910 3,180 2,840
Growth (%) -25.47% 21.52% -2.08% 8.09% 13.39% 0.69% -12.07% 5.10% 8.58% 9.28% -10.69%
Volume (mill.) 192 271 500 275 435 420 380 379 256 757 758 570
Value (bill.) 601 520 1,023 655 1,089 1,105 1,095 1,042 678 2,180 2,482 1,841
Frequency (th.) 35 48 62 35 52 60 49 49 32 93 124 102
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Oil & Gas Storage & Distribution
Highest 7,625 7,025 6,450 5,775 3,900 No. Code 6M YTD 1Y 3Y 5Y
Lowest 6,800 5,825 3,260 3,250 1,495
Close 7,350 6,350 4,290 3,950 3,180 1. AKRA -1.4% -10.7% -14.2% -54.4% -61.4%
Adj. Close* 7,350 6,350 4,290 3,950 3,180 2. PGAS 6.3% -18.7% -21.1% -48.5% -44.1%
Growth (%) -13.61% -32.44% -7.93% -19.49% 3. BULL 13.6% 5.1% 107.9% 91.2% 493.6%
4. INPS 291.5% 78.2% 73.8% n.a. n.a.
Shares Traded 2016 2017 2018 2019 2020 5. HITS -8.7% -3.3% -18.3% -33.8% -34.3%
Volume 1,705 1,689 2,578 2,048 4,934
Value 11,522 11,148 11,540 8,767 13,569 Note:
Frequency 545 379 537 502 682 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Index Membership

1. BISNIS-27 11. JII 21.
3. I-GRADE 13. KOMPAS100 23.
4. IDX80 14. LQ45 24.
6. IDXESGL 16. MNC36 26.
7. IDXSMC-COM 17. SMinfra18 27.
8. IDXSMC-LIQ 18. TRADE 28.
9. Investor33 19. 29.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

25
Current Assets 7,391,379 8,816,349 11,268,598 10,777,639 8,042,419
Investment Properties - - - - 983,750
Fixed Asset 4,561,738 4,214,694 4,921,528 5,325,172 5,126,119 20
- - - - - -
Total Assets 15,830,741 16,823,209 19,940,851 21,409,046 18,683,573 15
Trade Payable 3,184,496 3,777,447 4,996,896 5,835,094 3,011,754

Curr. Maturities - Bank Loans 761,800 683,551 240,130 300,596 366,545 10
Curr. Maturities - Bonds Payable 620,908 - 874,516 158,137 -
- - - - - - 5
Long-term Bank Loans 949,716 357,041 813,634 1,634,299 2,552,611 -
Long-term Bonds Payable 873,829 1,860,834 989,435 835,194 104,232 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 399,178 400,633 401,469 401,469 401,469
9,927 10,067
Par Value 100 100 100 100 100 9,030
Total Equity 8,074,320 9,029,649 9,926,831 10,066,861 10,556,356
Revenues 15,212,591 18,287,936 23,548,144 21,702,638 17,715,928
Gross Profit 1,874,934 1,867,281 1,554,566 1,892,122 2,047,920
Operating Profit/Loss 1,189,003 1,112,726 915,448 1,094,039 1,201,423
Finance Costs -63,962 -23,257 -86,484 -109,792 -74,284
EBT 1,118,547 1,126,409 868,081 865,380 1,226,719
Tax -71,695 -125,094 -204,740 -165,884 -264,722
2016 2017 2018 2019 2020
Profit/Loss for the period 1,046,852 1,304,601 1,596,653 703,077 961,997
Profit/Loss Period Attributable 1,010,786 1,201,667 1,644,834 717,205 924,918
Comprehensive Income 901,038 1,340,604 1,613,028 656,278 971,870 Total Revenue (Bill. Rp)
Comprehensive Attributable 878,161 1,234,585 1,644,418 687,807 929,216 23,548
21,703
Cash Flow Statements Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020
Net Cash - Operating 651,623 682,225 -448,864 687,980 1,066,973 18,288 17,716
Net Cash - Investing -689,046 833,453 385,814 -779,297 -139,353 15,213
Net Cash - Financing 80,674 -1,111,421 350,754 -128,832 -1,239,093
Net Increase/Decrease in C&CE 43,251 404,257 287,703 -220,150 -311,473
C&CE, end of period 1,366,943 1,771,229 2,171,084 1,860,781 1,549,364
Current Ratio (%) 1.27 1.62 1.40 1.24 1.58
DAR (x) 0.49 0.46 0.50 0.53 0.43
DER (x) 0.96 0.86 1.01 1.13 0.77
EPS (IDR) n.a. n.a. 361.03 235.30 203.59 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 11.88 16.79 15.62

PBV (x) 3.63 2.82 1.73 1.58 1.21
ROA (%) 6.61 7.75 8.01 3.28 5.15
1,597
ROE (%) 12.97 14.45 16.08 6.98 9.11
GPM (%) 12.32 10.21 6.60 8.72 11.56 1,305
OPM (%) 7.82 6.08 3.89 5.04 6.78
1,047
NPM (%) 6.88 7.13 6.78 3.24 5.43 962
DPS (IDR) 90.00 150.00 220.00 180.00 100.00
703
DPR (%) n.a. n.a. 60.94 76.50 49.12
Dividend Yield (%) 1.22 2.36 5.13 4.56 3.14
2016 2017 2018 2019 2020

ANTM
Aneka Tambang Tbk

ANTM Aneka Tambang Tbk

Date: 29 Jan 2021 v2.0.0

PT Aneka Tambang Tbk has a main business field of Metal and mineral mining. Established Listing Date IPO Price (IDR) IPO Lead Underwriter
The company's President Director and President Commisioner are Nicolas D. Danarkesa Sekuritas
Kanter and F.X. Sutijastoto. The largest shareholder of the company is PT 05 Jul 1968 27 Nov 1997 1,400
INDONESIA ASAHAN ALUMINIUM (PERSERO) (65.00%). The percentage of
public shareholding (<5%) is 35.00%. PT Aneka Tambang Tbk has 19 Stock Overview
subsidiaries. One of the biggest subsidiaries is PT Indonesia Chemical Alumina.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=ANTM

Domestic 93,638.0 110,610.8
Foreign 5,979.7 5,777.2 B Basic Materials B14 Metals & Minerals
6% 5%
Others 19.46% 9.11% B1 Basic Materials B146 Diversified Metals & Minerals
Year 2020 YTD 2021
Total 99,617.7 116,388.0
Fundamental & ESG
YTD 2021
46.42x 2.82x 45.76 Severe
D 52,572.8 2,659.7 55,232.5
92.2 145.7
F 2,805.4 156.0 2,961.4 *Total trading value by Foreign is the sum of
Total 55,378.2 2,815.8 58,194.0 foreign buy and foreign sell divided by 2. Total 0x 5x 10x 15x 20x 25x 30x 35x 40x 45x 50x 55x
Buy

D 44,047.8 2,725.1 46,772.9 "Foreign Buy-Domestic Sell" minus "Foreign Sell- ANTM Sector PER Market PER
Domestic Buy".
F 2,817.3 218.6 3,035.9 A positive net foreign indicates a net buy by
17.47x 22.07x

2020 F - Rp2.82 22-Jun-20 23-Jun-20 15-Jul-20 2015 RI 16-Oct-15 505 310:471 424 0.840
2019 F - Rp12.74 06-May-19 07-May-19 24-May-19 2007 SS 12-Jul-07 13,250 5:1 2,650 0.200
2018 I - Rp1.99 20-Apr-18 24-Apr-18 16-May-18 2002 BS 11-Jul-02 1,100 100:55 710 0.645
2014 F - Rp9.67 30-Apr-14 05-May-14 20-May-14 - - - - - - -
2013 F - Rp47.09 30-May-13 03-Jun-13 18-Jun-13 - - - - - - -
Industry Peers

1. ANTM Aneka Tambang Tbk 53,348.30 31,729,513 12,690,064 19,039,449 27,372,461 1,149,354
2. INCO Vale Indonesia Tbk 54,649.86 32,648,251 4,150,678 28,497,573 10,786,714 1,168,162
3. TINS Timah Tbk 12,586.70 14,517,700 9,577,564 4,940,136 15,215,980 -340,602
4. BRMS Bumi Resources Minerals Tbk 6,035.66 8,295,762 1,430,807 6,864,955 117,688 56,959
5. ZINC Kapuas Prima Coal Tbk 3,358.25 1,390,449 580,686 809,762 608,099 29,122
1. ANTM Aneka Tambang Tbk 46.42 2.82 3.62 6.04 0.40 0.67
2. INCO Vale Indonesia Tbk 46.78 1.82 3.58 4.10 0.13 0.15
3. TINS Timah Tbk -36.95 2.55 -2.35 -6.89 0.66 1.94
4. BRMS Bumi Resources Minerals Tbk 108.23 0.70 0.69 0.83 0.17 0.21
5. ZINC Kapuas Prima Coal Tbk 108.50 4.16 2.09 3.60 0.42 0.72


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 ANTM*
210.49%
IHSG
-0.37%
LQ45
-4.33%
Sector**
*Adjusted Close Price; **Basic Materials
Highest 735 630 555 535 635 730 840 850 1,100 1,255 2,000 3,190
Lowest 575 348 436 494 555 600 700 705 715 1,100 1,155 2,190
Close 575 450 510 535 605 730 820 705 1,055 1,145 1,935 2,220
Adj. Close* 575 450 510 535 605 730 820 705 1,055 1,145 1,935 2,220
Growth (%) -21.74% 13.33% 4.90% 13.08% 20.66% 12.33% -14.02% 49.65% 8.53% 69.00% 14.73%
Volume (mill.) 1,311 2,518 2,307 1,130 2,096 2,230 3,028 1,570 8,550 8,031 11,801 21,238
Value (bill.) 904 1,220 1,189 607 1,272 1,533 2,419 1,236 8,589 9,568 19,710 58,194
Frequency (th.) 99 169 148 77 146 147 199 130 489 466 1,000 2,730
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Diversified Metals & Minerals
Highest 329 920 995 1,170 2,000 No. Code 6M YTD 1Y 3Y 5Y
Lowest 294 605 595 670 348
Close 329 625 765 840 1,935 1. ANTM 204.1% 14.7% 208.3% 142.6% 574.8%
Adj. Close* 329 625 765 840 1,935 2. INCO 60.8% 7.8% 74.1% 46.7% 280.6%
Growth (%) 89.97% 22.40% 9.80% 130.36% 3. TINS 122.4% 13.8% 138.0% 61.0% 225.0%
4. BRMS 70.0% 2.4% 70.0% 4.9% 94.9%
Shares Traded 2016 2017 2018 2019 2020 5. ZINC -8.9% -30.0% -62.6% -62.2% n.a.
Volume 35,906 12,161 21,038 25,382 46,447
Value 24,492 9,060 17,479 23,928 49,809 Note:
Index Membership

1. COMPOSITE 11. JII 21.
2. I-GRADE 12. JII70 22.
3. IDX30 13. KOMPAS100 23.
4. IDX80 14. LQ45 24.
5. IDXBASIC 15. MBX 25.
6. IDXBUMN20 16. MINING 26.
9. Investor33 19. 29.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

Trade receivables 834,171 971,168 923,896 1,002,335 1,344,196 Total Asset & Liabilities (Bill. Rp)
35
Current Assets 10,630,222 9,001,939 8,498,443 7,665,239 9,150,514
- - - - - - 30
Fixed Asset 12,958,946 14,092,995 20,128,156 18,865,691 18,248,068
25
- - - - - -
Total Assets 29,981,536 30,014,273 33,306,391 30,194,908 31,729,513 20
Trade Payable 585,726 806,385 1,157,991 739,744 672,748
15
Curr. Maturities - Bank Loans 568,007 486,104 1,121,605 1,585,286 1,033,259
Curr. Maturities - Bonds Payable - - - - 2,099,241 10
- - - - - -
Current Liabilities 4,352,314 5,552,462 5,511,744 5,293,238 7,553,261 5
Long-term Bank Loans 3,653,536 3,200,351 5,249,741 3,465,639 3,387,657 -

Long-term Bonds Payable 2,995,896 2,097,247 2,097,853 2,098,516 - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 2,403,076 2,403,076 2,403,076 2,403,076 2,403,076
19,739
Paid up Capital (Shares) 24,031 24,031 24,031 24,031 24,031
Par Value 100 100 100 100 100
Total Equity 18,408,796 18,490,404 19,739,231 18,133,419 19,039,449
18,490
Income Statements Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 18,409
Revenues 9,106,261 12,653,619 25,241,268 32,718,543 27,372,461 18,133
Gross Profit 851,795 1,643,892 3,476,436 4,447,156 4,475,777

Operating Profit/Loss 8,156 600,606 1,852,729 955,615 2,032,303
Finance Costs -319,274 -607,686 -554,332 -233,361 -565,452
EBT 237,292 454,397 1,265,502 687,034 1,641,178
Tax -172,485 -317,893 -391,075 -493,182 -491,824
2016 2017 2018 2019 2020
Profit/Loss for the period 64,806 136,503 874,427 193,852 1,149,354
Profit/Loss Period Attributable 64,810 136,507 874,425 193,851 1,149,353
Comprehensive Income 92,077 81,608 1,296,605 -8,898 973,878 Total Revenue (Bill. Rp)
Comprehensive Attributable 92,081 81,611 1,296,603 -8,899 973,877 32,719
27,372
Net Cash - Investing -1,382,046 -2,890,561 -2,593,809 -885,313 -567,382
Net Cash - Financing -26,840 -568,358 -619,760 -1,363,160 -1,218,456
Net Increase/Decrease in C&CE -393,495 -2,079,743 -1,338,991 -614,636 432,837
C&CE, end of period 7,623,385 5,550,677 4,299,068 3,636,243 3,984,388 12,654
9,106
Current Ratio (%) 2.44 1.62 1.54 1.45 1.21
DAR (x) 0.39 0.38 0.41 0.40 0.40
DER (x) 0.63 0.62 0.69 0.67 0.67
EPS (IDR) n.a. n.a. 45.74 33.48 19.49 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 16.73 25.09 99.26

PBV (x) 0.43 0.81 0.93 1.11 2.44
ROA (%) 0.22 0.45 2.63 0.64 3.62
ROE (%) 0.35 0.74 4.43 1.07 6.04 1,149
GPM (%) 9.35 12.99 13.77 13.59 16.35
OPM (%) 0.09 4.75 7.34 2.92 7.42 874
NPM (%) 0.71 1.08 3.46 0.59 4.20
DPS (IDR) 0.00 0.00 1.99 12.74 2.82
DPR (%) n.a. n.a. 4.35 38.06 14.47
Dividend Yield (%) 0.00 0.00 0.26 1.52 0.15
194
Miscellaneous Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 137
65
2016 2017 2018 2019 2020

ASII
Astra International Tbk

ASII Astra International Tbk

Date: 29 Jan 2021 v2.0.0

PT Astra International Tbk has a main business field of General trading. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Djony Bunarto PT Danareksa
Tjondro and Prijono Sugiarto. The largest shareholder of the company is Jardine 20 Feb 1957 04 Apr 1990 14,850 Sekuritas
Cycle & Carriage Limited (50.11%). The percentage of public shareholding (<5%)
is 49.89%. PT Astra International Tbk has 33 subsidiaries. One of the biggest Stock Overview
subsidiaries is PT United Tractors Tbk.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=ASII

Domestic 62,441.4 6,190.2
42% 42%
Foreign 86,940.9 8,592.7 C Industrials C31 Multi-sector Holdings
58% 58% Individual 0.27% 0.20%
Others 20.90% 19.51% C3 Multi-sector Holdings C311 Multi-sector Holdings
Year 2020 YTD 2021
Total 149,382.3 14,782.9
Fundamental & ESG
YTD 2021
15.28x 1.27x 28.42 Medium
D 1,485.0 930.9 2,415.9
31.0 1,358.5
F 2,289.4 2,686.2 4,975.6 *Total trading value by Foreign is the sum of
Buy

D 15,991.4 15,213.8 31,205.2 "Foreign Buy-Domestic Sell" minus "Foreign Sell- ASII Sector PER Market PER
Domestic Buy".
21.73x 22.07x

2020 I - Rp27.00 07-Oct-20 08-Oct-20 27-Oct-20 2012 SS 05-Jun-12 62,400 10:1 6,250 0.100
2020 F - Rp157.00 25-Jun-20 26-Jun-20 10-Jul-20 2003 RI 10-Jan-03 2,850 13:7 2,225 0.773
2019 I - Rp57.00 07-Oct-19 08-Oct-19 30-Oct-19 1997 SS 01-Sep-97 5,400 2:1 2,700 0.500
2019 F - Rp154.13 07-May-19 08-May-19 24-May-19 1994 BS 29-Jul-94 13,400 1:3 no data 0.250
2018 I - Rp60.00 05-Oct-18 09-Oct-18 31-Oct-18 1993 RI 15-Dec-93 16,500 1:5 no data 0.973
Industry Peers

1. ASII Astra International Tbk 246,949.67 338,203,000 142,749,000 195,454,000 175,046,000 18,571,000
2. BMTR Global Mediacom Tbk 4,112.83 32,261,560 11,477,239 20,784,321 12,064,088 1,801,029
3. BHIT MNC Investama Tbk 3,909.60 59,484,422 28,070,486 31,413,936 14,795,285 1,525,889
4. ABMM ABM Investama Tbk 1,968.51 11,668,180 9,386,709 2,281,472 8,553,376 -532,324
5. BNBR Bakrie & Brothers Tbk 1,043.15 13,991,786 12,547,099 1,444,687 2,454,947 -930,325
1. ASII Astra International Tbk 15.28 1.27 5.49 9.50 0.42 0.73
2. BMTR Global Mediacom Tbk 4.51 0.21 5.58 8.67 0.36 0.55
3. BHIT MNC Investama Tbk 25.90 0.13 2.57 4.86 0.47 0.89
4. ABMM ABM Investama Tbk -3.91 0.58 -4.56 -23.33 0.80 4.11
5. BNBR Bakrie & Brothers Tbk -1.12 0.50 -6.65 -64.40 0.90 8.68


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 ASII*
-2.79%
IHSG
-0.37%
LQ45
-4.33%
Sector**
*Adjusted Close Price; **Industrials
Highest 6,500 6,050 4,090 4,770 5,025 5,375 5,400 5,300 5,425 6,000 6,200 6,800
Lowest 5,525 3,280 3,620 3,570 4,700 4,810 4,880 4,460 4,560 5,300 5,550 6,075
Close 5,525 3,900 3,850 4,770 4,800 5,150 5,100 4,460 5,425 5,300 6,025 6,100
Adj. Close* 5,525 3,900 3,850 4,770 4,800 5,150 5,100 4,460 5,425 5,300 6,025 6,100
Growth (%) -29.41% -1.28% 23.90% 0.63% 7.29% -0.97% -12.55% 21.64% -2.30% 13.68% 1.24%
Volume (mill.) 1,140 1,730 1,655 1,358 1,492 975 668 1,098 868 1,640 1,621 1,149
Value (bill.) 6,980 7,704 6,344 5,440 7,260 4,929 3,486 5,291 4,282 9,227 9,529 7,391
Frequency (th.) 118 236 183 177 202 150 130 190 148 274 297 234
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Multi-sector Holdings
Lowest 5,775 7,900 6,100 6,275 3,280
Close 6,450 8,300 8,225 6,925 6,025 1. ASII 18.4% 1.2% -3.9% -28.2% -5.4%
Adj. Close* 6,450 8,300 8,225 6,925 6,025 2. BMTR 15.9% -14.5% -27.1% -66.9% -69.0%
Growth (%) 28.68% -0.90% -15.81% -13.00% 3. BHIT 6.0% -19.7% -18.5% -56.2% -59.2%
4. ABMM -33.5% -5.9% -50.5% -68.1% -74.4%
Shares Traded 2016 2017 2018 2019 2020 5. BNBR 0.0% 0.0% 0.0% -90.0% -90.0%
Volume 12,076 9,112 9,744 10,206 14,859
Value 88,029 73,478 73,430 73,657 74,691 Note:
Frequency 1,131 885 1,086 1,390 2,214 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Index Membership

1. BISNIS-27 11. LQ45 21.
2. COMPOSITE 12. MANUFACTUR 22.
3. IDX30 13. MBX 23.
4. IDX80 14. MISC-IND 24.
6. IDXHIDIV20 16. SRI-KEHATI 26.
7. IDXINDUST 17. 27.
8. IDXV30 18. 28.
9. Investor33 19. 29.
10. KOMPAS100 20. 30.


Date: 29 Jan 2021 v2.0.0

400
Current Assets 110,403,000 121,293,000 133,609,000 129,058,000 132,308,000
Investment Properties 6,183,000 8,381,000 8,504,000 7,552,000 7,507,000 350
Fixed Asset 43,237,000 48,402,000 57,733,000 62,337,000 59,230,000 300

- - - - - -
250
Total Assets 261,855,000 295,646,000 344,711,000 351,958,000 338,203,000
Trade Payable 22,083,000 29,135,000 41,947,000 29,762,000 16,262,000 200
Curr. Maturities - Bank Loans 14,979,000 13,129,000 15,456,000 17,755,000 19,219,000 150
Curr. Maturities - Bonds Payable 11,264,000 13,952,000 10,235,000 8,300,000 10,468,000
100
- - - - - -
Long-term Bonds Payable 14,836,000 12,791,000 13,777,000 13,374,000 8,101,000 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 2,024,000 2,024,000 2,024,000 2,024,000 2,024,000
Par Value 50 50 50 50 50 195,454
186,763
156,329
Total Equity 139,906,000 156,329,000 174,363,000 186,763,000 195,454,000
139,906
Revenues 181,084,000 206,057,000 239,205,000 237,166,000 175,046,000
Gross Profit 36,432,000 42,368,000 50,769,000 50,239,000 38,558,000
Finance Costs -1,745,000 -2,042,000 -3,105,000 -4,382,000 -3,408,000
EBT 22,253,000 29,196,000 34,995,000 34,054,000 21,741,000
Tax -3,951,000 -6,031,000 -7,623,000 -7,433,000 -3,170,000
2016 2017 2018 2019 2020
Net Cash - Operating 19,407,000 23,285,000 27,692,000 19,175,000 37,683,000
206,057
Net Cash - Investing -10,798,000 -14,941,000 -29,731,000 -14,186,000 13,133,000
181,084 175,046
Net Cash - Financing -5,888,000 -6,184,000 -4,873,000 -5,414,000 -27,955,000
Net Increase/Decrease in C&CE 2,721,000 2,160,000 -6,912,000 -425,000 22,861,000
C&CE, end of period 29,356,000 31,574,000 24,941,000 24,324,000 47,553,000
Current Ratio (%) 1.24 1.23 1.15 1.29 1.54
DAR (x) 0.47 0.47 0.49 0.47 0.42
DER (x) 0.87 0.89 0.98 0.88 0.73
EPS (IDR) n.a. n.a. 537.75 505.59 491.01 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 15.30 13.70 12.27

PBV (x) 1.87 2.15 1.91 1.50 1.25
ROA (%) 6.99 7.84 7.94 7.56 5.49 27,372
26,621
ROE (%) 13.08 14.82 15.70 14.25 9.50
23,165
GPM (%) 20.12 20.56 21.22 21.18 22.03
OPM (%) 9.68 9.86 11.23 11.04 7.35 18,302 18,571
NPM (%) 10.11 11.24 11.44 11.22 10.61
DPS (IDR) 168.00 168.00 190.00 211.13 184.00
DPR (%) n.a. n.a. 35.33 41.76 37.47
Dividend Yield (%) 2.60 2.02 2.31 3.05 3.05
2016 2017 2018 2019 2020

BBCA
Bank Central Asia Tbk

BBCA Bank Central Asia Tbk

Date: 29 Jan 2021 v2.0.0

PT Bank Central Asia Tbk has a main business field of Banking services. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Jahja Danareksa Sekuritas
Setiaatmadja and Djohan Emir Setijoso. The largest shareholder of the company 10 Aug 1955 31 May 2000 1,400
is PT Dwimuria Investama Andalan (54.94%). The percentage of public
shareholding (<5%) is 45.06%. PT Bank Central Asia Tbk has 9 subsidiaries. Stock Overview
One of the biggest subsidiaries is PT Bank BCA Syariah.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=BBCA

Domestic 127,650.5 10,096.1
34% 36%
Foreign 244,183.2 18,172.7 G Financials G11 Banks
66% 64%
Others 22.97% 27.02% G1 Banks G111 Banks
Year 2020 YTD 2021
Total 371,833.6 28,268.8
Fundamental & ESG
YTD 2021
30.72x 4.65x 26.08 Medium
D 1,848.0 2,552.0 4,400.0
-1,806.8 1,296.1
Buy

D 24,342.2 40,386.4 64,728.6 "Foreign Buy-Domestic Sell" minus "Foreign Sell- BBCA Sector PER Market PER
Domestic Buy".
24.81x 22.07x

2020 I - Rp98.00 08-Dec-20 10-Dec-20 22-Dec-20 2008 SS 28-Jan-08 3,600 125:62.5 1,800 0.500
2020 F - Rp455.00 21-Apr-20 22-Apr-20 11-May-20 2004 SS 08-Jun-04 1,750 2:1 880 0.500
2019 I - Rp100.00 06-Dec-19 09-Dec-19 20-Dec-19 2001 SS 16-May-01 1,725 2:1 870 0.500
2019 F - Rp255.00 24-Apr-19 25-Apr-19 30-Apr-19 - - - - - - -
2018 I - Rp85.00 03-Dec-18 04-Dec-18 21-Dec-18 - - - - - - -
Industry Peers

1. BBCA Bank Central Asia Tbk 825,005.94 1,075,570,256 885,537,919 184,714,709 65,403,161 27,147,109
2. BBRI Bank Rakyat Indonesia (Persero) 510,429.63 1,511,804,628 1,278,346,276 199,911,376 138,263,910 18,660,393
3. BMRI Bank Mandiri (Persero) Tbk 303,765.00 1,429,334,484 1,151,267,847 193,796,083 118,686,069 17,645,624
4. BBNI Bank Negara Indonesia (Persero) 102,465.04 891,337,425 746,235,663 112,872,199 71,247,066 3,321,442
5. ARTO Bank Jago Tbk 72,009.51 2,179,873 947,540 1,232,333 90,071 -189,567
1. BBCA Bank Central Asia Tbk 30.72 4.65 2.52 14.70 0.82 4.79
2. BBRI Bank Rakyat Indonesia (Persero) 27.64 2.65 1.23 9.33 0.85 6.39
3. BMRI Bank Mandiri (Persero) Tbk 17.92 1.62 1.23 9.11 0.81 5.94
4. BBNI Bank Negara Indonesia (Persero) 31.55 0.92 0.37 2.94 0.84 6.61
5. ARTO Bank Jago Tbk -383.70 59.82 -8.70 -15.38 0.43 0.77


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 BBCA*
4.97%
IHSG
-0.37%
LQ45
-4.33%
Sector**
*Adjusted Close Price; **Financials
Highest 34,000 32,200 28,675 26,775 29,500 31,200 33,000 32,600 29,500 33,075 34,750 36,725
Lowest 31,450 22,150 24,150 23,400 26,800 29,000 30,600 27,100 27,525 29,100 31,950 33,800
Close 31,450 27,625 25,850 25,950 28,475 31,200 31,375 27,100 28,950 31,025 33,850 33,800
Adj. Close* 31,450 27,625 25,850 25,950 28,475 31,200 31,375 27,100 28,950 31,025 33,850 33,800
Growth (%) -12.16% -6.43% 0.39% 9.73% 9.57% 0.56% -13.63% 6.83% 7.17% 9.11% -0.15%
Volume (mill.) 505 879 644 640 552 415 259 640 386 584 469 402
Value (bill.) 16,684 23,585 17,064 16,121 15,586 12,663 8,128 18,570 11,072 18,440 15,705 14,134
Frequency (th.) 195 583 381 310 306 205 181 508 227 360 267 320
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Banks

Lowest 12,750 14,950 20,600 25,900 22,150
Close 13,100 21,900 26,000 33,425 33,850 1. BBCA 8.3% -0.1% 4.3% 48.7% 158.0%
Adj. Close* 13,100 21,900 26,000 33,425 33,850 2. BBRI 32.3% 0.2% -6.3% 13.0% 90.8%
Growth (%) 67.18% 18.72% 28.56% 1.27% 3. BMRI 13.4% 4.0% -12.9% -19.3% 37.0%
4. BBNI 20.7% -10.1% -22.9% -41.0% 13.0%
Shares Traded 2016 2017 2018 2019 2020 5. ARTO 139.3% 55.8% 1140.4% 22504.1% 46188.1%
Volume 17,791 7,238 4,806 3,951 6,335
Value 263,860 130,261 112,750 115,610 185,917 Note:
Frequency 981 1,073 1,414 1,599 3,690 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Index Membership

1. BISNIS-27 11. IDXQ30 21.
2. COMPOSITE 12. INFOBANK15 22.
3. FINANCE 13. Investor33 23.
5. IDX30 15. LQ45 25.
6. IDX80 16. MBX 26.
8. IDXFINANCE 18. SRI-KEHATI 28.
9. IDXG30 19. 29.
10. IDXHIDIV20 20. 30.


Date: 29 Jan 2021 v2.0.0

Cash on Hand 15,943,854 16,754,289 21,691,443 25,421,406 24,322,335
Current accounts (BI & Banks) 53,062,883 52,566,324 52,046,247 58,426,361 39,450,814 Total Asset & Liabilities (Bill. Rp)
Placements (BI & Banks) - 18,969,682 31,682,811 30,948,274 47,455,590 Asset Liabilities
1,200
Consumer Fin. Receivables 8,207,469 8,506,983 7,613,709 10,532,424 7,605,934
Loans 403,391,221 454,264,956 524,530,462 572,033,999 547,643,666
1,000
Marketable Securities 5,067,046 5,890,927 4,801,868 3,974,550 1,856,202
Fixed Asset 16,990,835 16,868,949 19,336,901 20,852,301 21,915,054 800
Total Assets 676,738,753 750,319,671 824,787,944 918,989,312 1,075,570,256
Deposits 535,034,567 586,873,856 636,306,508 705,697,542 844,447,006 600
Fund Borrowings 2,788,552 3,040,602 2,093,475 2,332,870 1,307,298

Bonds 2,212,380 610,499 239,735 1,347,523 590,821 400
- - - - - -
200
MTN 119,791 - - - -
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 1,540,938 1,540,938 1,540,938 1,540,938 1,540,938
184,715
Par Value 63 63 63 63 63 151,753
131,402
Total equity 112,715,059 131,401,694 151,753,427 174,143,156 184,714,709
112,715
Interest Income 50,425,826 53,767,939 56,766,800 63,837,795 65,403,161
Interest Expenses -10,346,736 -11,941,465 -11,476,255 -13,360,347 -11,241,891
Profit from Operation 25,839,200 29,158,743 32,706,064 36,288,998 33,568,507
EBT 25,839,200 29,158,743 32,706,064 36,288,998 33,568,507
Tax -5,206,919 -5,837,593 -6,854,404 -7,719,024 -6,421,398
- - - - - -
2016 2017 2018 2019 2020
Profit for the period 20,632,281 23,321,150 25,851,660 28,569,974 27,147,109
Comprehensive Attributable 27,378,282 24,063,606 26,766,431 31,131,779 31,018,293 65,403
63,838
53,768
Net Cash - Investing -60,596,377 -20,620,020 20,627,654 -34,732,414 -44,117,844
Net Increase/Decrease in C&CE -18,590,952 -17,617,091 18,242,567 9,874,730 -8,692,237
C&CE, end of period 100,319,853 83,377,439 103,311,560 113,067,545 106,271,237
Current Ratio (%) n.a. n.a. n.a. n.a. n.a.
DAR (x) 0.83 0.82 0.81 0.81 0.82
DER (x) 4.97 4.68 4.40 4.25 4.79
EPS (IDR) n.a. n.a. 1,013.03 1,146.53 1,122.68 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 25.67 29.15 30.15

PBV (x) 2.84 4.07 4.18 4.68 4.47
ROA (%) 3.05 3.11 3.13 3.11 2.52 28,570
27,147
ROE (%) 18.30 17.75 17.04 16.41 14.70 25,852
23,321
GPM (%) -20.52 -22.21 -20.22 -20.93 -17.19
20,632
OPM (%) n.a. n.a. n.a. n.a. n.a.
NPM (%) 40.92 43.37 45.54 44.75 41.51
DPS (IDR) 175.00 280.00 260.00 355.00 553.00
DPR (%) n.a. n.a. 25.67 30.96 49.26
Dividend Yield (%) 1.34 1.28 1.00 1.06 1.63
2016 2017 2018 2019 2020

BBNI
Bank Negara Indonesia (Persero) Tbk

BBNI Bank Negara Indonesia (Persero) Tbk

Date: 29 Jan 2021 v2.0.0

PT Bank Negara Indonesia (Persero) Tbk has a main business field of Banking & Established Listing Date IPO Price (IDR) IPO Lead Underwriter
other supporting business activities. The company's President Director and PT Bahana
President Commisioner are Royke Tumilaar and Agus Dermawan Wintarto 05 Jul 1946 25 Nov 1996 850 Securities
Martowardojo. The largest shareholder of the company is Republic of Indonesia
(60.00%). The percentage of public shareholding (<5%) is 39.87%. PT Bank Stock Overview
Negara Indonesia (Persero) Tbk has 4 subsidiaries. One of the biggest
subsidiaries is PT. BNI Life Insurance. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=BBNI

Domestic 102,959.9 9,349.1
Year 2020 YTD 2021
Total 141,814.1 12,251.4
Fundamental & ESG
YTD 2021
31.55x 0.92x 27.51 Medium
D 3,577.8 1,016.4 4,594.2
-7,327.1 160.6
Buy

D 38,543.6 16,599.9 55,143.5 "Foreign Buy-Domestic Sell" minus "Foreign Sell- BBNI Sector PER Market PER
Domestic Buy".
24.81x 22.07x

2020 F - Rp206.24 02-Mar-20 03-Mar-20 24-Mar-20 2010 RI 03-Dec-10 4,125 500000:110473 3,950 0.955
2019 F - Rp201.29 22-May-19 23-May-19 14-Jun-19 2007 RI 07-Aug-07 2,275 20:3 2,250 0.986
2018 F - Rp255.56 28-Mar-18 02-Apr-18 20-Apr-18 2003 RS 23-Dec-03 90 1:15 1,350 15.000
2017 F - Rp212.81 24-Mar-17 29-Mar-17 19-Apr-17 1999 RI 05-Jul-99 400 1:35 350 0.873
2016 F - Rp122.53 18-Mar-16 22-Mar-16 13-Apr-16 - - - - - - -
Industry Peers

5. BNLI Bank Permata Tbk 65,241.43 197,726,097 162,654,644 35,071,453 13,738,028 721,587
5. BNLI Bank Permata Tbk 91.33 2.74 0.36 2.06 0.82 4.64


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 BBNI*
-22.11%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 7,925 6,950 4,310 3,920 4,860 4,800 5,325 5,350 4,950 6,350 6,675 6,525
Lowest 7,025 3,160 3,680 3,330 3,970 4,540 4,440 4,330 4,510 4,620 6,175 5,550
Close 7,025 3,820 4,100 3,830 4,580 4,600 5,100 4,440 4,740 6,000 6,175 5,550
Adj. Close* 7,025 3,820 4,100 3,830 4,580 4,600 5,100 4,440 4,740 6,000 6,175 5,550
Growth (%) -45.62% 7.33% -6.59% 19.58% 0.44% 10.87% -12.94% 6.76% 26.58% 2.92% -10.12%
Volume (mill.) 537 1,644 1,101 1,066 2,315 1,094 1,312 1,370 759 1,732 920 976
Value (bill.) 3,992 7,544 4,396 3,903 10,267 5,109 6,576 6,664 3,617 9,570 5,919 6,126
Frequency (th.) 90 276 207 180 394 228 272 329 175 446 284 294
Days 20 21 21 16 21 22 18 22 19 21 19 20

Lowest 4,850 5,450 6,725 6,675 3,160
Close 4,910 9,900 8,800 7,850 6,175 1. BBNI 20.7% -10.1% -22.9% -41.0% 13.0%
Adj. Close* 4,910 9,900 8,800 7,850 6,175 2. BBRI 32.3% 0.2% -6.3% 13.0% 90.8%
Growth (%) 101.63% -11.11% -10.80% -21.34% 3. BMRI 13.4% 4.0% -12.9% -19.3% 37.0%
4. ARTO 139.3% 55.8% 1140.4% 22504.1% 46188.1%
Shares Traded 2016 2017 2018 2019 2020 5. BNLI 85.0% -22.2% 100.0% 256.1% 262.9%
Volume 8,141 5,999 6,323 6,052 14,289
Value 42,166 41,711 51,701 50,586 70,907 Note:
Index Membership

1. BISNIS-27 11. IDXQ30 21.
2. COMPOSITE 12. IDXV30 22.
3. FINANCE 13. INFOBANK15 23.
4. I-GRADE 14. Investor33 24.
5. IDX30 15. KOMPAS100 25.
6. IDX80 16. LQ45 26.
7. IDXBUMN20 17. MBX 27.
9. IDXFINANCE 19. SMinfra18 29.
10. IDXHIDIV20 20. SRI-KEHATI 30.


Date: 29 Jan 2021 v2.0.0

Cash on Hand 11,167,643 11,577,664 14,043,846 15,361,703 17,324,047
1,000
- - - - - -
900
Loans 376,594,527 426,789,981 497,886,888 539,862,076 541,978,801
Marketable Securities 23,764,750 36,049,899 32,044,270 27,161,751 29,686,597 800
Fixed Asset 21,972,223 22,804,689 26,126,508 26,524,759 27,362,400 700
Total Assets 603,031,880 709,330,084 808,572,011 845,605,208 891,337,425 600
Deposits 425,188,266 504,430,731 566,046,697 594,124,901 656,594,775 500
Fund Borrowings 32,965,422 44,722,165 52,024,506 57,235,500 44,114,314 400

Bonds 6,731,115 2,986,279 2,987,464 2,985,052 2,985,011 300
Sukuk 496,000 496,000 - - - 200
- - - - - - 100
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 9,054,807 9,054,807 9,054,807 9,054,807 9,054,807
- - - - - - 110,374 112,872
100,903
89,254
Total equity 89,254,000 100,903,304 110,373,789 125,003,948 112,872,199
Interest Income 43,768,439 48,177,849 50,571,284 54,495,996 56,172,871
EBT 14,302,905 17,165,387 19,820,715 19,369,106 5,112,153
Tax -2,892,709 -3,394,795 -4,728,952 -3,860,523 -1,790,711
- - - - - -
2016 2017 2018 2019 2020
54,496
48,178
Net Cash - Operating 15,422,131 33,625,853 -4,274,095 -12,611,042 74,253,924 43,768
Net Cash - Investing -29,400,164 -23,274,271 -9,611,702 13,483,654 -11,992,116
Net Cash - Financing 8,637,223 3,245,370 20,609,112 -18,491,108 -17,139,169
Net Increase/Decrease in C&CE -5,340,810 13,596,952 6,723,315 -17,618,496 45,122,639
C&CE, end of period 78,284,151 91,977,278 98,922,032 81,184,598 126,907,599
DAR (x) 0.82 0.82 0.83 0.81 0.84
DER (x) 5.52 5.79 6.08 5.51 6.61
EPS (IDR) n.a. n.a. 798.84 833.84 414.56 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 11.02 9.41 14.90

PBV (x) 1.02 1.81 1.47 1.16 1.01
ROA (%) 1.89 1.94 1.87 1.83 0.37
ROE (%) 12.78 13.65 13.67 12.41 2.94 15,092 15,509
GPM (%) -31.47 -33.71 -34.97 -38.42 -33.86 13,771
OPM (%) n.a. n.a. n.a. n.a. n.a. 11,410

NPM (%) 26.07 28.58 29.84 28.46 5.91
DPS (IDR) 122.53 212.81 255.56 201.29 206.24
DPR (%) n.a. n.a. 31.99 24.14 49.75
Dividend Yield (%) 2.50 2.15 2.90 2.56 3.34
3,321
2016 2017 2018 2019 2020

BBRI
Bank Rakyat Indonesia (Persero) Tbk

BBRI Bank Rakyat Indonesia (Persero) Tbk

Date: 29 Jan 2021 v2.0.0

PT Bank Rakyat Indonesia (Persero) Tbk has a main business field of Banking Established Listing Date IPO Price (IDR) IPO Lead Underwriter
services. The company's President Director and President Commisioner are PT Bahana
Sunarso and Kartika Wirjoatmodjo. The largest shareholder of the company is 16 Dec 1895 10 Nov 2003 875 Securities
Republic of Indonesia (53.19%). The percentage of public shareholding (<5%) is
46.81%. PT Bank Rakyat Indonesia (Persero) Tbk has 8 subsidiaries. One of the Stock Overview
biggest subsidiaries is PT Bank BRISyariah.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=BBRI

Domestic 189,595.1 19,389.5
52% 52% Institution 26.41% 33.64%
48% 48% Individual 0.44% 0.31%
Year 2020 YTD 2021
Total 367,020.9 36,870.3
Fundamental & ESG
YTD 2021
27.64x 2.65x 25.34 Medium
D 5,359.7 2,586.4 7,946.0
-3,193.4 3,497.4
Buy

D 53,388.7 43,005.5 96,394.2 "Foreign Buy-Domestic Sell" minus "Foreign Sell- BBRI Sector PER Market PER
Domestic Buy".
24.81x 22.07x

2020 F - Rp168.20 27-Feb-20 28-Feb-20 18-Mar-20 2017 SS 10-Nov-17 16,450 5:1 3,290 0.200
2019 F - Rp132.17 24-May-19 27-May-19 13-Jun-19 2011 SS 11-Jan-11 9,300 2:1 4,650 0.500
2018 F - Rp106.75 02-Apr-18 04-Apr-18 25-Apr-18 - - - - - - -
2017 F - Rp428.61 23-Mar-17 27-Mar-17 13-Apr-17 - - - - - - -
2016 F - Rp311.66 01-Apr-16 05-Apr-16 22-Apr-16 - - - - - - -
Industry Peers



Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 BBRI*
-6.28%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 4,570 4,220 3,030 2,950 3,300 3,190 3,800 3,660 3,360 4,320 4,400 4,890
Lowest 4,130 2,440 2,580 2,170 2,900 3,030 2,990 3,030 3,100 3,290 4,130 4,180
Close 4,190 3,020 2,730 2,950 3,030 3,160 3,510 3,040 3,360 4,090 4,170 4,180
Adj. Close* 4,190 3,020 2,730 2,950 3,030 3,160 3,510 3,040 3,360 4,090 4,170 4,180
Growth (%) -27.92% -9.60% 8.06% 2.71% 4.29% 11.08% -13.39% 10.53% 21.73% 1.96% 0.24%
Volume (mill.) 2,789 6,036 6,894 6,742 6,000 3,611 3,787 4,266 2,901 5,560 3,362 4,019
Value (bill.) 12,443 19,927 19,328 17,017 18,545 11,257 12,782 13,979 9,381 21,788 14,390 18,435
Frequency (th.) 209 715 650 639 680 370 480 609 357 670 497 609
Days 20 21 21 16 21 22 18 22 19 21 19 20

Lowest 10,825 3,210 2,720 3,610 2,170
Close 11,225 3,640 3,660 4,400 4,170 1. BBRI 32.3% 0.2% -6.3% 13.0% 86.2%
Adj. Close* 2,245 728 3,660 4,400 4,170 2. BBCA 8.3% -0.1% 4.3% 48.7% 1190.1%
Growth (%) -67.57% 402.75% 20.22% -5.23% 3. BMRI 13.4% 4.0% -12.9% -19.3% 37.0%
4. BBNI 20.7% -10.1% -22.9% -41.0% 13.0%
Volume 7,679 8,404 35,723 31,731 54,731
Value 86,255 78,363 118,184 130,015 183,510 Note:
Frequency 1,248 1,032 2,218 2,372 6,066 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Index Membership

1. BISNIS-27 11. IDXQ30 21.
5. IDX30 15. LQ45 25.
6. IDX80 16. MBX 26.
7. IDXBUMN20 17. MNC36 27.
8. IDXFINANCE 18. SMinfra18 28.
9. IDXG30 19. SRI-KEHATI 29.
10. IDXHIDIV20 20. 30.


Date: 29 Jan 2021 v2.0.0

Cash on Hand 25,212,024 24,797,782 27,421,625 30,219,214 32,161,564
Current accounts (BI & Banks) 66,658,661 64,081,163 - 81,654,186 60,667,277 Total Asset & Liabilities (Bill. Rp)
Placements (BI & Banks) - 55,105,687 - 116,854,727 66,539,685 Asset Liabilities
1,600
- - - - - -
Loans 632,086,091 700,548,650 804,673,435 852,661,815 857,280,074 1,400
Marketable Securities 131,482,566 186,918,678 193,680,605 195,840,172 327,266,714 1,200

Fixed Asset 24,515,059 24,746,306 26,914,859 31,432,629 32,185,160
1,000
Total Assets 1,003,644,426 1,126,248,442 1,296,898,292 1,416,758,840 1,511,804,628
Deposits 740,092,946 827,477,762 846,200,528 1,014,347,654 1,111,341,169 800
Fund Borrowings 35,008,170 29,403,009 34,878,883 30,921,771 35,968,985 600

Bonds 22,516,964 30,619,658 - 38,622,326 34,489,091
400
- - - - - -
MTN 2,283,817 - - - - 200
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Total Liabilities 840,168,870 939,128,893 986,548,641 1,183,155,672 1,278,346,276
Common Stocks 6,167,291 6,167,291 6,167,291 6,167,291 6,167,291
208,784
Par Value 250 50 100 50 50 199,911
Retained earnings 125,309,471 143,827,697 145,665,302 181,327,431 166,972,167 167,347 166,680

Total equity 146,812,590 167,347,494 166,679,645 208,784,334 199,911,376 146,813
Interest Income 94,787,989 100,080,250 53,643,800 121,756,276 116,932,512
Interest Expenses -27,211,975 -28,652,214 15,399,302 -40,048,971 -37,722,595
EBT 33,973,770 37,022,157 18,483,570 43,364,053 26,724,846
Tax -7,745,779 -7,977,823 3,549,434 -8,950,228 -8,064,453
- - - - - -
2016 2017 2018 2019 2020
121,756
Net Cash - Operating 21,770,833 39,299,109 -11,105,718 44,583,079 66,689,187 100,080

94,788
Net Cash - Financing 7,081,628 -10,847,132 -12,676,533 -18,085,105 -19,981,772
Net Increase/Decrease in C&CE 25,528,079 -2,544,019 -32,693,370 21,309,532 -69,300,416
53,644
C&CE, end of period 188,954,879 186,410,433 153,717,063 236,906,429 167,253,135
DAR (x) 0.84 0.83 0.76 0.84 0.85
DER (x) 5.72 5.61 5.92 5.67 6.39
EPS (IDR) n.a. n.a. 259.07 272.93 192.21 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 14.13 16.12 21.70

PBV (x) 1.87 2.66 2.68 2.57 2.55
ROA (%) 2.61 2.58 1.15 2.43 1.23
ROE (%) 17.86 17.36 8.96 16.48 9.33 34,414
GPM (%) -28.71 -28.63 28.71 -32.89 -32.26 29,044

OPM (%) n.a. n.a. n.a. n.a. n.a. 26,228
NPM (%) 27.67 29.02 27.84 28.26 15.96

DPS (IDR) 311.66 428.61 106.75 132.17 168.20 18,660
DPR (%) n.a. n.a. 41.20 48.43 87.51 14,934
Dividend Yield (%) 2.78 11.77 2.92 3.00 4.03
2016 2017 2018 2019 2020

BBTN
Bank Tabungan Negara (Persero) Tbk

BBTN Bank Tabungan Negara (Persero) Tbk

Date: 29 Jan 2021 v2.0.0

PT Bank Tabungan Negara (Persero) Tbk has a main business field of Banking Established Listing Date IPO Price (IDR) IPO Lead Underwriter
business. The company's President Director and President Commisioner are PT Mandiri Sekuritas
Haru Koesmahargyo and Chandra M. Hamzah. The largest shareholder of the 30 Nov 1934 17 Dec 2009 800
company is Republic of Indonesia (60.00%). The percentage of public
shareholding (<5%) is 40.00%. Stock Overview
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=BBTN

Domestic 38,903.3 3,011.1
Foreign 5,252.7 709.7 G Financials G11 Banks
Year 2020 YTD 2021
Total 44,156.0 3,720.8
Fundamental & ESG
YTD 2021
10.38x 0.94x 26.63 Medium
D 1,216.0 182.6 1,398.6
-432.3 213.8
Buy

D 17,373.1 2,294.7 19,667.8 "Foreign Buy-Domestic Sell" minus "Foreign Sell- BBTN Sector PER Market PER
Domestic Buy".
24.81x 22.07x

2020 F - Rp1.98 23-Mar-20 24-Mar-20 15-Apr-20 2012 RI 14-Nov-12 1,680 555000:94943 1,610 0.961
2019 F - Rp53.03 28-May-19 29-May-19 12-Jun-19 - - - - - - -
2018 F - Rp57.18 03-Apr-18 05-Apr-18 24-Apr-18 - - - - - - -
2017 F - Rp49.46 27-Mar-17 30-Mar-17 13-Mar-17 - - - - - - -
2016 F - Rp34.96 20-Apr-16 22-Apr-16 12-May-16 - - - - - - -
Industry Peers

1. BBTN Bank Tabungan Negara (Persero) 16,460.04 361,208,406 321,376,142 19,987,845 22,947,252 1,602,358
2. NISP Bank OCBC NISP Tbk 19,194.83 206,297,200 176,467,884 29,829,316 13,737,720 2,101,671
3. AGRO Bank Raya Indonesia Tbk 17,009.54 28,015,492 23,727,802 4,287,690 1,949,503 31,261
4. BBKP Bank KB Bukopin Tbk 14,954.66 79,938,578 71,472,136 8,466,442 5,974,259 -3,258,109
5. BJBR Bank Pembangunan Daerah Jawa 14,318.39 140,934,002 122,676,884 12,005,800 13,261,700 1,689,996
1. BBTN Bank Tabungan Negara (Persero) 10.38 0.94 0.44 8.02 0.89 16.08
2. NISP Bank OCBC NISP Tbk 9.23 0.66 1.02 7.05 0.86 5.92
3. AGRO Bank Raya Indonesia Tbk 549.62 4.07 0.11 0.73 0.85 5.53
4. BBKP Bank KB Bukopin Tbk -4.64 1.46 -4.08 -38.48 0.89 8.44
5. BJBR Bank Pembangunan Daerah Jawa 8.57 1.30 1.20 14.08 0.87 10.22


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 BBTN*
-13.26%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 1,920 1,750 1,010 875 1,245 1,340 1,590 1,585 1,430 1,750 2,000 1,910
Lowest 1,700 820 820 745 925 1,225 1,210 1,145 1,210 1,370 1,705 1,570
Close 1,700 840 880 760 1,245 1,265 1,575 1,200 1,390 1,645 1,725 1,570
Adj. Close* 1,700 840 880 760 1,245 1,265 1,575 1,200 1,390 1,645 1,725 1,570
Growth (%) -50.59% 4.76% -13.64% 63.82% 1.61% 24.51% -23.81% 15.83% 18.35% 4.86% -8.99%
Volume (mill.) 423 825 990 1,236 5,469 1,724 1,225 1,111 1,133 1,417 1,455 1,027
Value (bill.) 769 901 904 975 5,971 2,233 1,738 1,466 1,514 2,258 2,634 1,860
Frequency (th.) 68 93 97 82 385 138 113 112 119 160 163 151
Days 20 21 21 16 21 22 18 22 19 21 19 20

Lowest 1,295 1,700 2,050 1,795 745
Close 1,365 3,570 2,540 2,120 1,725 1. BBTN 24.1% -9.0% -16.0% -57.1% 15.0%
Adj. Close* 1,365 3,570 2,540 2,120 1,725 2. NISP 20.7% 3.0% 0.6% -8.6% 32.5%
Growth (%) 161.54% -28.85% -16.54% -18.63% 3. AGRO 247.0% -22.2% 426.1% 36.4% 861.4%
4. BBKP 158.4% -20.0% 105.4% -28.1% 1.1%
Shares Traded 2016 2017 2018 2019 2020 5. BJBR 57.2% -5.2% 49.2% -36.4% 69.0%
Volume 5,709 5,770 7,437 6,432 17,352
Value 9,809 15,446 20,436 15,047 22,078 Note:
Frequency 532 635 920 884 1,587 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Index Membership

1. COMPOSITE 11. Investor33 21.
2. FINANCE 12. KOMPAS100 22.
3. I-GRADE 13. LQ45 23.
4. IDX30 14. MBX 24.
5. IDX80 15. SRI-KEHATI 25.
6. IDXBUMN20 16. 26.
7. IDXESGL 17. 27.
8. IDXFINANCE 18. 28.
9. IDXSMC-COM 19. 29.


Date: 29 Jan 2021 v2.0.0

Cash on Hand 1,006,682 1,027,554 1,243,615 1,369,167 1,429,426
400
- - - - - -
Loans 158,524,726 192,181,113 230,320,201 246,202,402 242,744,721 350
Marketable Securities 4,171,700 7,706,031 5,848,485 8,084,671 3,203,966 300

Fixed Asset 4,659,379 4,837,319 5,017,694 5,400,658 5,818,445
250
Total Assets 214,168,479 261,365,267 306,436,194 311,776,828 361,208,406
Deposits 151,431,506 182,154,854 214,027,067 211,414,930 259,179,694 200
Fund Borrowings 4,999,616 7,991,053 15,499,493 22,465,657 23,807,138 150

Bonds 12,935,415 17,932,020 17,036,480 19,783,552 15,810,466
100
- - - - - -
- - - - - - 50
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 5,295,000 5,295,000 5,295,000 5,295,000 5,295,000
Par Value 500 500 500 500 500 23,840 23,836
21,663
19,131
Total equity 19,130,536 21,663,434 23,840,448 23,836,195 19,987,845
Interest Income 16,501,472 18,446,734 20,781,512 23,271,432 22,947,252
Profit from Operation 3,352,232 3,891,903 3,593,800 521,773 2,330,285
EBT 3,330,084 3,861,555 3,610,275 411,062 2,270,857
Tax -711,179 -834,089 -802,352 -201,799 -668,499
- - - - - -
2016 2017 2018 2019 2020
Profit for the period 2,618,905 3,027,466 2,807,923 209,263 1,602,358
Profit/Loss Period Attributable - 3,027,466 2,807,923 209,263 1,602,358
Comprehensive Income 5,631,617 3,056,679 2,782,507 557,332 2,352,711 Total Revenue (Bill. Rp)
Comprehensive Attributable - 3,056,679 2,782,507 557,332 2,352,711
23,271 22,947
Net Cash - Operating 9,783,925 321,044 -2,410,430 -14,828,361 26,532,815 18,447
Net Cash - Investing -1,974,142 832,608 1,689,493 -7,077,106 -23,726,876 16,501
Net Cash - Financing 1,588,435 8,075,789 6,598,304 8,440,369 581,708

Net Increase/Decrease in C&CE 9,398,218 9,229,441 5,877,367 -13,465,098 3,387,647
C&CE, end of period 29,608,198 38,837,639 44,715,006 31,249,908 34,637,555
DAR (x) 0.85 0.86 0.86 0.86 0.89
DER (x) 9.56 10.34 11.06 11.30 16.08
EPS (IDR) n.a. n.a. 228.33 209.02 49.82 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 11.12 10.14 34.62

PBV (x) 0.75 1.73 1.12 0.93 0.90
ROA (%) 1.22 1.16 0.92 0.07 0.44
3,027
ROE (%) 13.69 13.98 11.78 0.88 8.02
2,808
GPM (%) -53.76 -53.15 -56.63 -65.92 -64.74 2,619

NPM (%) 15.87 16.41 13.51 0.90 6.98
DPS (IDR) 34.96 49.46 57.18 53.03 1.98 1,602
DPR (%) n.a. n.a. 25.04 25.37 3.97

Dividend Yield (%) 2.56 1.39 2.25 2.50 0.11
209
2016 2017 2018 2019 2020

BMRI
Bank Mandiri (Persero) Tbk

BMRI Bank Mandiri (Persero) Tbk

Date: 29 Jan 2021 v2.0.0

PT Bank Mandiri (Persero) Tbk has a main business field of Financial services - Established Listing Date IPO Price (IDR) IPO Lead Underwriter
banking. The company's President Director and President Commisioner are PT Danareksa
Darmawan Junaidi and Muhamad Chatib Basri. The largest shareholder of the 02 Oct 1998 14 Jul 2003 675 Sekuritas
shareholding (<5%) is 47.92%. PT Bank Mandiri (Persero) Tbk has 10 Stock Overview
subsidiaries. One of the biggest subsidiaries is PT Bank Syariah Mandiri (BSM).
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=BMRI

Domestic 91,957.0 9,649.9
45% 45% Institution 41.84% 42.11%
55% 55% Individual 0.39% 0.23%
Year 2020 YTD 2021
Total 202,674.1 21,354.4
Fundamental & ESG
YTD 2021
17.92x 1.62x 29.71 Medium
D 2,406.1 1,660.9 4,067.0
-1,696.3 1,515.9
Buy

D 23,468.4 23,358.3 46,826.7 "Foreign Buy-Domestic Sell" minus "Foreign Sell- BMRI Sector PER Market PER
Domestic Buy".
24.81x 22.07x

2020 F - Rp353.34 28-Feb-20 02-Mar-20 20-Mar-20 2017 SS 13-Sep-17 13,200 2:1 6,600 0.500
2019 F - Rp241.22 27-May-19 28-May-19 19-Jun-19 2011 RI 07-Feb-11 6,000 8985:1000 5,900 0.983
2018 F - Rp199.03 29-Mar-18 03-Apr-18 20-Apr-18 - - - - - - -
2017 F - Rp266.27 22-Mar-17 24-Mar-17 13-Apr-17 - - - - - - -
2016 F - Rp261.45 30-Mar-16 01-Apr-16 22-Apr-16 - - - - - - -
Industry Peers



Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 BMRI*
-12.33%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 8,000 7,600 5,200 4,470 5,275 5,875 6,350 6,125 5,775 6,725 6,875 7,375
Lowest 7,275 3,860 4,000 3,720 4,620 4,990 5,500 4,960 5,200 5,700 6,325 6,425
Close 7,275 4,680 4,460 4,470 4,950 5,800 5,950 4,960 5,775 6,325 6,325 6,575
Adj. Close* 7,275 4,680 4,460 4,470 4,950 5,800 5,950 4,960 5,775 6,325 6,325 6,575
Growth (%) -35.67% -4.70% 0.22% 10.74% 17.17% 2.59% -16.64% 16.43% 9.52% 0.00% 3.95%
Volume (mill.) 1,369 2,019 1,949 1,592 2,191 1,030 1,214 1,369 1,001 1,857 1,252 1,533
Value (bill.) 10,490 10,860 8,762 6,533 10,684 5,493 7,166 7,585 5,548 11,642 8,291 10,677
Frequency (th.) 104 217 254 214 320 154 180 232 164 277 236 289
Days 20 21 21 16 21 22 18 22 19 21 19 20

Lowest 9,100 7,100 6,200 6,350 3,720
Close 9,600 8,000 7,375 7,675 6,325 1. BMRI 13.4% 4.0% -12.9% -19.3% 37.0%
Adj. Close* 4,800 4,000 7,375 7,675 6,325 2. BBCA 8.3% -0.1% 4.3% 48.7% 1190.1%
Growth (%) -16.67% 84.38% 4.07% -17.59% 3. BBRI 32.3% 0.2% -6.3% 13.0% 90.8%
4. BBNI 20.7% -10.1% -22.9% -41.0% 13.0%
Volume 7,674 7,385 12,054 13,287 17,919
Value 78,310 70,529 87,393 98,013 101,337 Note:
Frequency 1,073 780 1,157 1,436 2,474 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Index Membership

1. BISNIS-27 11. IDXQ30 21.
5. IDX30 15. LQ45 25.
6. IDX80 16. MBX 26.
7. IDXBUMN20 17. MNC36 27.
8. IDXESGL 18. SMinfra18 28.
9. IDXFINANCE 19. SRI-KEHATI 29.
10. IDXHIDIV20 20. 30.


Date: 29 Jan 2021 v2.0.0

Cash on Hand 22,906,775 24,268,563 27,348,914 28,094,267 24,682,671
1,600
Consumer Fin. Receivables 11,531,838 14,782,332 16,826,865 18,211,088 18,649,899
Loans 616,706,193 678,292,520 767,761,095 855,846,844 807,874,363 1,400
Marketable Securities 56,551,643 59,609,972 63,835,900 71,263,368 79,900,770 1,200

Fixed Asset 35,663,290 36,618,753 38,442,696 44,612,199 46,728,153
1,000
Total Assets 1,038,706,009 1,124,700,847 1,202,252,094 1,318,246,335 1,429,334,484
Deposits 711,399,426 757,933,489 782,502,708 863,506,211 970,263,458 800
Fund Borrowings 35,882,757 35,703,679 51,653,982 54,128,562 52,810,689 600

Bonds 8,230,157 16,401,200 18,647,805 31,804,853 37,671,386
400
Sukuk 375,000 375,000 375,000 375,000 375,000
MTN 348,802 - - - - 200
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Total Liabilities 824,559,898 888,026,817 941,953,100 1,025,749,580 1,151,267,847
Common Stocks 11,666,667 11,666,667 11,666,667 11,666,667 11,666,667
209,035
Par Value 500 500 250 250 250 193,796
184,960
Total equity 153,369,723 170,006,132 184,960,305 209,034,525 193,796,083 153,370
Interest Income 76,709,888 79,501,530 80,992,570 91,525,090 87,321,117
EBT 18,572,965 27,156,863 33,943,369 36,441,440 23,298,041
Tax -3,922,802 -5,713,821 -8,091,432 -7,985,848 -5,652,417
- - - - - -
2016 2017 2018 2019 2020
91,525
Net Cash - Operating 40,010,990 5,192,544 -19,809,152 11,637,669 99,467,685 87,321

Net Cash - Financing -464,393 462,302 4,997,720 5,458,205 -13,875,211 80,993
79,502
Net Increase/Decrease in C&CE 33,383,816 406,986 -35,852,621 843,986 52,279,103
76,710
C&CE, end of period 157,560,107 158,775,796 124,677,686 123,792,750 177,364,584
DAR (x) 0.79 0.79 0.78 0.78 0.81
DER (x) 5.38 5.22 5.09 4.91 5.94
EPS (IDR) n.a. n.a. 507.05 582.28 455.57 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 14.54 13.18 13.88

PBV (x) 1.45 2.17 1.84 1.70 1.51
ROA (%) 1.41 1.91 2.15 2.16 1.23 28,456
ROE (%) 9.55 12.61 13.98 13.61 9.11 25,852
GPM (%) -32.44 -34.18 -32.56 -35.06 -35.29 21,443

17,646
NPM (%) 19.10 26.97 31.92 31.09 20.21
14,650
DPS (IDR) 261.45 266.27 199.03 241.22 353.34
DPR (%) n.a. n.a. 39.25 41.43 77.56
Dividend Yield (%) 2.72 3.33 2.70 3.14 5.59
2016 2017 2018 2019 2020

BSDE
Bumi Serpong Damai Tbk

BSDE Bumi Serpong Damai Tbk

Date: 29 Jan 2021 v2.0.0

PT Bumi Serpong Damai Tbk has a main business field of Property and real Established Listing Date IPO Price (IDR) IPO Lead Underwriter
estate. The company's President Director and President Commisioner are PT CLSA Indonesia
Franciscus Xaverius RD and Muktar Widjaja. The largest shareholder of the 16 Jan 1984 06 Jun 2008 550
company is Public (<5%) (40.56%).
Stock Overview
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=BSDE

Domestic 14,404.3 1,778.7
Foreign 4,724.2 394.9 H Properties & Real Estate H11 Real Estate Management &
Individual 1.11% 0.84% Development
Others 20.21% 13.55% H1 Properties & Real Estate H111 Real Estate Development &
Year 2020 YTD 2021 Management
Total 19,128.6 2,173.7
Fundamental & ESG
YTD 2021
84.55x 0.69x 22.76 Medium
D 724.4 187.3 911.7
-1,459.6 -44.7
Buy

D 5,458.3 2,473.6 7,932.0 "Foreign Buy-Domestic Sell" minus "Foreign Sell- BSDE Sector PER Market PER
Domestic Buy".
24.87x 22.07x

2017 F - Rp5.00 12-Jun-17 14-Jun-17 06-Jul-17 2010 RI 26-Nov-10 940 10:6 880 0.928
2016 F - Rp5.00 27-May-16 31-May-16 15-Jun-16 - - - - - - -
2015 F - Rp15.00 15-May-15 19-May-15 05-Jun-15 - - - - - - -
2014 F - Rp15.00 13-Jun-14 17-Jun-14 01-Jul-14 - - - - - - -
2013 F - Rp15.00 24-Jun-13 26-Jun-13 10-Jul-13 - - - - - - -
Industry Peers

1. BSDE Bumi Serpong Damai Tbk 23,817.79 60,862,927 26,391,824 34,471,102 6,180,589 486,258
2. POLL Pollux Properties Indonesia Tbk 32,859.35 7,017,160 5,535,564 1,481,595 501,177 86,561
3. MKPI Metropolitan Kentjana Tbk 27,307.99 7,622,918 2,015,619 5,607,299 1,219,794 231,114
4. PWON Pakuwon Jati Tbk 23,212.93 26,458,805 8,860,110 17,598,695 3,977,211 1,119,113
5. CTRA Ciputra Development Tbk 16,704.27 39,255,187 21,797,659 17,457,528 8,070,737 1,370,686
1. BSDE Bumi Serpong Damai Tbk 84.55 0.69 0.80 1.41 0.43 0.77
2. POLL Pollux Properties Indonesia Tbk 597.00 14.14 1.23 5.84 0.79 3.74
3. MKPI Metropolitan Kentjana Tbk 118.08 4.92 3.03 4.12 0.26 0.36
4. PWON Pakuwon Jati Tbk 24.96 1.35 4.23 6.36 0.33 0.50
5. CTRA Ciputra Development Tbk 12.65 0.99 3.49 7.85 0.56 1.25


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 BSDE*
2.27%
IHSG
-0.37%
LQ45
-4.33%
Sector**
*Adjusted Close Price; **Properties & Real Estate
Highest 1,195 1,115 855 690 860 775 795 800 895 1,100 1,315 1,335
Lowest 1,000 595 645 605 670 690 655 665 745 870 1,060 1,085
Close 1,000 670 705 635 740 690 775 740 890 1,050 1,225 1,125
Adj. Close* 1,000 670 705 635 740 690 775 740 890 1,050 1,225 1,125
Growth (%) -33.00% 5.22% -9.93% 16.54% -6.76% 12.32% -4.52% 20.27% 17.98% 16.67% -8.16%
Volume (mill.) 252 422 547 1,247 1,728 1,086 1,007 1,423 1,046 1,012 1,350 883
Value (bill.) 279 321 412 802 1,333 803 746 1,080 867 1,032 1,606 1,087
Frequency (th.) 48 65 64 71 101 63 52 56 66 93 122 106
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Real Estate Development & Management
Lowest 1,650 1,560 965 1,150 595
Close 1,730 1,700 1,255 1,255 1,225 1. BSDE 63.0% -8.2% 0.9% -38.2% -35.0%
Adj. Close* 1,730 1,700 1,255 1,255 1,225 2. POLL -5.7% -12.0% -62.5% n.a. n.a.
Growth (%) -1.73% -26.18% 0.00% -2.39% 3. MKPI 95.9% 2.9% 77.8% -13.5% 70.7%
4. PWON 13.7% -5.5% -7.3% -32.1% 7.6%
Shares Traded 2016 2017 2018 2019 2020 5. CTRA 37.4% -8.6% 0.6% -33.8% -29.1%
Volume 9,687 4,906 4,995 3,786 11,349
Value 18,663 8,780 7,307 5,233 9,564 Note:
Index Membership

1. COMPOSITE 11. LQ45 21.
2. I-GRADE 12. MBX 22.
3. IDX80 13. MNC36 23.
4. IDXESGL 14. PROPERTY 24.
5. IDXPROPERT 15. SRI-KEHATI 25.
8. IDXV30 18. 28.
9. Investor33 19. 29.
10. KOMPAS100 20. 30.


Date: 29 Jan 2021 v2.0.0

70
Current Assets 16,341,456 17,964,524 20,948,678 24,256,713 28,364,288
Fixed Asset 823,401 771,937 676,536 631,541 584,619
50
- - - - - -
Total Assets 38,292,206 45,951,188 52,101,492 54,444,849 60,862,927 40
Trade Payable 261,224 1,767,641 1,162,638 695,301 933,984
30
Curr. Maturities - Bank Loans 34,088 8,518 131,250 640,664 656,250
Curr. Maturities - Bonds Payable 478,374 1,748,678 435,554 - 4,846,466 20
- - - - - -
Long-term Bank Loans 34,084 1,328,772 3,247,272 4,291,279 3,631,250 -

- - - - - -
Common Stocks 1,924,670 1,924,670 1,924,670 1,924,670 2,117,137
33,548
Par Value 100 100 100 100 100 30,287
29,197
Total Equity 24,352,907 29,196,851 30,286,898 33,547,506 34,471,102 24,353
Revenues 6,521,770 10,347,343 6,628,782 7,084,864 6,180,589
Gross Profit 4,681,466 7,590,429 4,754,508 5,066,066 4,251,843
Finance Costs -612,614 -549,131 -912,707 -1,043,353 -1,781,522
EBT 2,065,443 5,206,069 1,760,421 3,165,098 502,148
Tax -27,905 -39,349 -58,603 -35,021 -15,890
2016 2017 2018 2019 2020
Profit/Loss for the period 2,037,538 5,166,720 1,701,818 3,130,076 486,258
Profit/Loss Period Attributable 1,796,156 4,920,228 1,293,850 2,791,416 281,701
Comprehensive Income 2,018,142 5,097,011 1,443,967 3,363,165 504,728 Total Revenue (Bill. Rp)
Comprehensive Attributable 1,777,979 4,852,979 1,033,021 3,026,579 300,249
10,347
Net Cash - Operating -264,246 4,647,445 1,616,680 2,016,998 1,464,349
Net Cash - Investing -981,536 -2,998,564 -2,651,717 -1,969,149 -1,005,506
7,085
Net Cash - Financing -1,253,749 595,530 3,362,602 -1,280,445 3,307,403 6,522 6,629
6,181
Net Increase/Decrease in C&CE -2,499,532 2,244,411 2,327,565 -1,232,595 3,766,246
C&CE, end of period 3,568,916 5,793,029 8,139,324 6,860,253 10,916,967
Current Ratio (%) 2.94 2.37 3.36 3.94 2.37
DAR (x) 0.36 0.36 0.42 0.38 0.43
DER (x) 0.57 0.57 0.72 0.62 0.77
EPS (IDR) n.a. n.a. 167.16 156.13 44.90 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 7.51 8.04 27.28

PBV (x) 1.37 1.12 0.80 0.72 0.75
ROA (%) 5.32 11.24 3.27 5.75 0.80
ROE (%) 8.37 17.70 5.62 9.33 1.41 5,167
GPM (%) 71.78 73.36 71.73 71.51 68.79

OPM (%) 43.48 52.92 36.78 39.42 35.66
NPM (%) 31.24 49.93 25.67 44.18 7.87 3,130
DPS (IDR) 5.00 5.00 0.00 0.00 0.00
DPR (%) n.a. n.a. 0.00 0.00 0.00 2,038
1,702
Dividend Yield (%) 0.29 0.29 0.00 0.00 0.00
2016 2017 2018 2019 2020

BTPS
Bank BTPN Syariah Tbk

BTPS Bank BTPN Syariah Tbk

Date: 29 Jan 2021 v2.0.0

PT Bank BTPN Syariah Tbk has a main business field of Sharia banking. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Hadi Wibowo and PT Ciptadana
Kemal Azis Stamboel. The largest shareholder of the company is PT Bank BTPN 07 Mar 1991 08 May 2018 975 Sekuritas Asia
Tbk (70.00%). The percentage of public shareholding (<5%) is 29.98%.
Stock Overview
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=BTPS

Domestic 15,836.1 1,121.0
57% 61% Institution 26.65% 39.24%
Foreign 12,011.8 710.7 G Financials G11 Banks
43% Individual 0.68% 0.25%
39%
Year 2020 YTD 2021
Total 27,847.9 1,831.6
Fundamental & ESG
YTD 2021
30.65x 4.73x 39.70 High
D 369.5 194.1 563.6
-152.4 -6.2
Total 557.4 358.4 915.8 foreign buy and foreign sell divided by 2. Total 0x 5x 10x 15x 20x 25x 30x 35x 40x 45x 50x 55x
Buy

D 5,178.0 2,816.2 7,994.2 "Foreign Buy-Domestic Sell" minus "Foreign Sell- BTPS Sector PER Market PER
Domestic Buy".
24.81x 22.07x

2020 F - Rp45.00 27-Apr-20 28-Apr-20 20-May-20 - - - - - - -
- - - - - - - - - - - - - -
- - - - - - - - - - - - - -
- - - - - - - - - - - - - -
- - - - - - - - - - - - - -
Industry Peers

1. BTPS Bank BTPN Syariah Tbk 25,930.65 16,435,005 2,632,890 5,878,749 4,037,474 854,614
2. MAYA Bank Mayapada Internasional Tbk 33,752.79 92,518,025 79,603,549 12,914,476 5,203,011 64,164
3. BDMN Bank Danamon Indonesia Tbk 27,672.84 200,890,068 157,314,569 43,575,499 21,816,162 1,088,942
4. BRIS Bank Syariah Indonesia Tbk 23,920.17 57,715,586 17,475,112 5,444,288 2,938,884 248,054
5. PNBN Bank Pan Indonesia Tbk 23,837.65 218,067,091 170,606,759 47,460,332 16,284,271 3,124,205
1. BTPS Bank BTPN Syariah Tbk 30.65 4.73 5.20 14.54 0.16 0.45
2. MAYA Bank Mayapada Internasional Tbk 531.35 2.10 0.07 0.50 0.86 6.16
3. BDMN Bank Danamon Indonesia Tbk 27.74 0.64 0.54 2.50 0.78 3.61
4. BRIS Bank Syariah Indonesia Tbk 97.41 4.56 0.43 4.56 0.30 3.21
5. PNBN Bank Pan Indonesia Tbk 7.76 0.54 1.43 6.58 0.78 3.59


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 BTPS*
-27.81%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 4,850 4,090 2,940 2,880 3,380 3,450 4,020 3,800 4,050 4,400 4,270 3,930
Lowest 3,760 2,110 1,805 2,080 3,000 3,090 3,410 3,040 3,300 3,710 3,560 3,340
Close 3,760 2,130 2,190 2,880 3,180 3,450 3,900 3,280 3,700 4,130 3,750 3,400
Adj. Close* 3,760 2,130 2,190 2,880 3,180 3,450 3,900 3,280 3,700 4,130 3,750 3,400
Growth (%) -43.35% 2.82% 31.51% 10.42% 8.49% 13.04% -15.90% 12.80% 11.62% -9.20% -9.33%
Volume (mill.) 240 473 1,214 618 410 286 233 219 198 188 308 250
Value (bill.) 1,054 1,477 2,728 1,467 1,295 938 865 749 732 781 1,214 916
Frequency (th.) 75 90 293 164 118 82 83 71 61 85 118 98
Days 20 21 21 16 21 22 18 22 19 21 19 20

Highest 0 0 1,880 4,310 5,050 No. Code 6M YTD 1Y 3Y 5Y
Lowest 0 0 1,460 1,870 1,805
Close - - 1,795 4,250 3,750 1. BTPS -1.4% -9.3% -22.9% n.a. n.a.
Adj. Close* - - 1,795 4,250 3,750 2. MAYA -23.2% -34.8% -39.1% 41.8% 400.7%
Growth (%) - - 136.77% -11.76% 3. BDMN 4.4% -8.9% -17.8% -60.0% -29.6%
4. BRIS 351.9% 8.4% 687.1% n.a. n.a.
Shares Traded 2016 2017 2018 2019 2020 5. PNBN 24.2% -6.1% -13.8% -32.0% 46.0%
Volume - - 5,496 10,281 4,529
Value - - 8,134 27,621 13,924 Note:
Frequency - - 195 989 1,310 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Days - - 153 245 242 *Adjusted price refers to the close price after adjustments for any applicable corporate actions.
Index Membership

1. BISNIS-27 11. ISSI 21.
3. FINANCE 13. JII70 23.
4. IDX30 14. KOMPAS100 24.
5. IDX80 15. LQ45 25.
6. IDXFINANCE 16. MBX 26.
7. IDXQ30 17. MNC36 27.
10. INFOBANK15 20. 30.


Date: 29 Jan 2021 v2.0.0

Cash on Hand - - 415,583 711,333 1,109,974
Current accounts (BI & Banks) - - 441,017 496,269 406,192 Total Asset & Liabilities (Bill. Rp)
Placements (BI & Banks) - - 2,517,000 2,650,000 2,600,851 Asset Liabilities
18
- - - - - -
Loans - - 7,061,214 8,678,617 8,665,144 16
Marketable Securities - - 1,030,689 2,071,753 2,803,239 14

Fixed Asset - - 176,801 209,550 332,116 12
Total Assets - - 12,039,275 15,383,038 16,435,005
10
Deposits - - 1,619,254 1,895,885 1,857,115
8
- - - - - -
- - - - - - 6
- - - - - - 4
- - - - - - 2
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Total Liabilities - - 2,049,483 2,439,054 2,632,890
Common Stocks - - 770,370 770,370 770,370
Paid up Capital (Shares) - - 7,704 7,704 7,704
5,879
Par Value - - 100 100 100 5,393
Retained earnings - - 2,328,287 3,727,921 4,220,714
Total equity - - 3,996,932 5,393,320 5,878,749 3,997
Revenue as mudharib - - 3,447,266 4,457,352 4,037,474
Third parties share on return - - -367,672 -523,587 -497,511
Profit from Operation - - 1,302,549 1,881,064 1,119,640
EBT - - 1,299,019 1,878,249 1,124,296
Tax - - -333,708 -478,615 -269,682 - -
- - - - - -
2016 2017 2018 2019 2020
Profit for the period - - 965,311 1,399,634 854,614
Profit/Loss Period Attributable - - 965,311 1,399,634 854,614
Comprehensive Income - - 1,003,747 1,408,218 845,398 Total Revenue (Bill. Rp)
Comprehensive Attributable - - 1,003,747 1,408,218 845,398
4,457
Net Cash - Operating - - 676,717 524,453 1,111,025
3,447
Net Cash - Investing - - -402,683 -1,488,581 -702,497
Net Cash - Financing - - 735,021 -9,763 -187,639
Net Increase/Decrease in C&CE - - 1,009,055 -973,891 220,889
C&CE, end of period - - 2,953,307 1,979,416 2,200,305
DAR (x) n.a. n.a. 0.17 0.16 0.16 - -
DER (x) n.a. n.a. 0.51 0.45 0.45
EPS (IDR) n.a. n.a. 116.77 161.38 120.70 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 15.37 26.33 31.07

BV (IDR) n.a. n.a. 524 707 771 Profit/Loss for the Period (Bill. Rp)
PBV (x) n.a. n.a. 3.43 6.01 4.86
ROA (%) n.a. n.a. 8.02 9.10 5.20
1,400
ROE (%) n.a. n.a. 24.15 25.95 14.54
GPM (%) n.a. n.a. -10.67 -11.75 -12.32
965
NPM (%) n.a. n.a. 28.00 31.40 21.17 855
DPS (IDR) 0.00 0.00 0.00 0.00 45.00
DPR (%) n.a. n.a. 0.00 0.00 37.28
Dividend Yield (%) n.a. n.a. 0.00 0.00 1.20
No. of Listed Shares, million n.a n.a 7,627 7,627 7,627 - -
Market Capitalization, billion IDR n.a n.a 13,690 32,413 28,600
2016 2017 2018 2019 2020

CPIN
Charoen Pokphand Indonesia Tbk

CPIN Charoen Pokphand Indonesia Tbk

Date: 29 Jan 2021 v2.0.0

PT Charoen Pokphand Indonesia Tbk has a main business field of Animal feed. Established Listing Date IPO Price (IDR) IPO Lead Underwriter
The company's President Director and President Commisioner are Tjiu Thomas PT Asian
Effendy and Hadi Gunawan Tjoe. The largest shareholder of the company is PT 07 Jan 1972 18 Mar 1991 5,100 Development
Charoen Pokphand Indonesia Group (55.53%). The percentage of public Securities
shareholding (<5%) is 44.47%. PT Charoen Pokphand Indonesia Tbk has 9 Stock Overview
subsidiaries. One of the biggest subsidiaries is PT Charoen Pokphand Jaya
Farm. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=CPIN

Domestic 16,382.8 1,754.3
64%
66%
Foreign 9,333.2 909.6 D Consumer Non-Cyclicals D23 Agricultural Products
36% 34%
Others 19.13% 23.59% D2 Food & Beverage D231 Fish, Meat, & Poultry
Year 2020 YTD 2021
Total 25,715.9 2,663.9
Fundamental & ESG
YTD 2021
24.54x 4.28x 50.64 Severe
D 580.2 385.9 966.2
-714.6 -178.0
Buy

D 5,637.1 2,911.6 8,548.7 "Foreign Buy-Domestic Sell" minus "Foreign Sell- CPIN Sector PER Market PER
Domestic Buy".
17.40x 22.07x

2020 F - Rp81.00 03-Sep-20 04-Sep-20 16-Sep-20 2010 SS 08-Dec-10 9,550 5:1 1,910 0.200
2019 F - Rp118.00 11-Jun-19 12-Jun-19 18-Jun-19 2007 SS 01-Nov-07 1,470 2:1 740 0.500
2018 F - Rp56.00 04-Jun-18 06-Jun-18 22-Jun-18 2007 RI 05-Jul-07 990 6:1 960 0.965
2017 F - Rp56.00 02-Jun-17 06-Jun-17 16-Jun-17 2001 SS 15-Jan-01 2,600 5:1 520 0.200
2016 F - Rp29.00 23-Jun-16 27-Jun-16 15-Jul-16 1997 BS 09-Jun-97 1,350 4:1 1,080 0.800
Industry Peers

1. CPIN Charoen Pokphand Indonesia Tbk 94,288.50 31,159,291 7,809,608 23,349,683 42,518,782 3,845,833
2. JPFA Japfa Comfeed Indonesia Tbk 15,948.14 25,951,760 14,539,790 11,411,970 36,964,948 1,002,376
3. CPRO Central Proteina Prima Tbk 2,978.62 6,326,293 5,618,709 707,584 7,573,506 381,422
4. SIPD Sreeya Sewu Indonesia Tbk 1,740.83 2,592,850 1,662,175 930,675 4,341,295 28,266
5. MAIN Malindo Feedmill Tbk 1,466.38 4,674,207 2,690,291 1,983,916 7,000,570 -38,953
1. CPIN Charoen Pokphand Indonesia Tbk 24.54 4.28 12.34 16.47 0.25 0.33
2. JPFA Japfa Comfeed Indonesia Tbk 17.40 1.40 3.86 8.78 0.56 1.27
3. CPRO Central Proteina Prima Tbk -25.38 11.51 6.03 53.90 0.89 7.94
4. SIPD Sreeya Sewu Indonesia Tbk 61.59 1.84 1.09 3.04 0.64 1.79
5. MAIN Malindo Feedmill Tbk -37.76 0.75 -0.83 -1.96 0.58 1.36


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 CPIN*
-7.26%
IHSG
-0.37%
LQ45
-4.33%
Sector**
*Adjusted Close Price; **Consumer Non-Cyclicals
Highest 6,850 6,500 4,890 5,775 6,000 6,500 6,375 6,350 6,025 6,775 7,000 6,700
Lowest 5,700 3,830 3,940 4,290 5,525 5,575 5,925 5,600 5,725 5,825 6,275 5,750
Close 5,700 4,940 4,600 5,775 5,575 6,225 6,300 5,675 5,850 6,075 6,525 5,750
Adj. Close* 5,700 4,940 4,600 5,775 5,575 6,225 6,300 5,675 5,850 6,075 6,525 5,750
Growth (%) -13.33% -6.88% 25.54% -3.46% 11.66% 1.20% -9.92% 3.08% 3.85% 7.41% -11.88%
Volume (mill.) 107 209 301 206 180 268 192 163 76 183 211 208
Value (bill.) 674 1,055 1,334 984 1,037 1,641 1,188 981 447 1,168 1,390 1,332
Frequency (th.) 61 105 135 87 74 109 80 72 42 87 93 93
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Fish, Meat, & Poultry
Lowest 2,615 2,840 3,170 4,280 3,830
Close 3,345 3,000 7,225 6,500 6,525 1. CPIN -7.6% -11.9% -13.5% 66.7% 71.9%
Adj. Close* 3,345 3,000 7,225 6,500 6,525 2. JPFA 28.3% -7.2% -9.3% -6.8% 85.0%
Growth (%) -10.31% 140.83% -10.03% 0.38% 3. CPRO 0.0% 0.0% 0.0% 0.0% 0.0%
4. SIPD 25.0% -13.3% 31.3% 28.7% 52.9%
Shares Traded 2016 2017 2018 2019 2020 5. MAIN 7.4% -11.5% -26.8% -7.7% -50.8%
Volume 1,763 1,609 2,104 2,589 2,232
Value 6,119 4,936 9,362 15,528 12,858 Note:
Index Membership

1. BASIC-IND 11. ISSI 21.
2. BISNIS-27 12. JII 22.
4. IDX30 14. KOMPAS100 24.
5. IDX80 15. LQ45 25.
6. IDXG30 16. MANUFACTUR 26.
7. IDXHIDIV20 17. MBX 27.
8. IDXNONCYC 18. MNC36 28.
9. IDXQ30 19. 29.
10. Investor33 20. 30.


Date: 29 Jan 2021 v2.0.0

35
Current Assets 12,059,433 11,720,730 14,097,959 13,297,718 13,531,817
- - - - - - 30
Fixed Asset 11,233,847 11,009,361 11,685,261 13,521,979 14,494,330
25
- - - - - -
Total Assets 24,204,994 24,522,593 27,645,118 29,353,041 31,159,291 20
Trade Payable 1,266,946 1,023,280 1,445,313 1,037,827 1,170,500
15
Curr. Maturities - Bank Loans 1,563,819 1,131,086 - - -
- - - - - - 10
- - - - - -

- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 163,980 163,980 163,980 163,980 163,980
23,350
21,072
Par Value 10 10 10 10 10 19,391
15,703
Total Equity 14,157,243 15,702,825 19,391,174 21,071,600 23,349,683
14,157
Revenues 38,256,857 49,367,386 53,957,604 58,634,502 42,518,782
Gross Profit 6,513,635 6,251,288 9,134,849 8,096,004 8,254,983
Finance Costs -647,186 -496,087 -513,239 -447,885 -443,233
EBT 3,957,250 3,255,705 5,907,351 4,595,238 4,767,698
Tax -1,731,848 -758,918 -1,355,866 -963,064 -921,865
2016 2017 2018 2019 2020
53,958
Net Cash - Investing -1,176,737 -801,010 -1,607,433 -2,854,639 -1,805,708 42,519
Net Cash - Financing -2,145,489 -1,586,728 -2,438,554 -1,374,310 -2,329,963 38,257
Net Increase/Decrease in C&CE 834,911 -763,273 989,967 -828,776 709,904

C&CE, end of period 2,504,434 1,743,765 2,803,131 1,961,373 2,677,813
Current Ratio (%) 2.17 2.32 2.98 2.56 2.53
DAR (x) 0.42 0.36 0.30 0.28 0.25
DER (x) 0.71 0.56 0.43 0.39 0.33
EPS (IDR) n.a. n.a. 245.74 222.76 204.35 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 29.40 29.18 31.93

BV (IDR) 863 958 1,183 1,285 1,424 Profit/Loss for the Period (Bill. Rp)
PBV (x) 3.87 3.13 6.11 5.06 4.58
ROA (%) 9.19 10.18 16.46 12.37 12.34 4,551
ROE (%) 15.72 15.90 23.47 17.24 16.47
3,846
GPM (%) 17.03 12.66 16.93 13.81 19.41 3,632
OPM (%) 11.65 7.46 11.85 8.95 12.63
NPM (%) 5.82 5.06 8.44 6.19 9.05
2,497
DPS (IDR) 29.00 56.00 56.00 118.00 81.00 2,225
DPR (%) n.a. n.a. 22.79 52.97 39.64
Dividend Yield (%) 0.87 1.87 0.78 1.82 1.24
2016 2017 2018 2019 2020

CTRA
Ciputra Development Tbk

CTRA Ciputra Development Tbk

Date: 29 Jan 2021 v2.0.0

PT Ciputra Development Tbk has a main business field of Development, Established Listing Date IPO Price (IDR) IPO Lead Underwriter
investment, trade, industry and services. The company's President Director and PT Bapindo Bumi
President Commisioner are Candra Ciputra and Dian Sumeler. The largest 04 Jun 1982 28 Mar 1994 5,200 Securities
shareholder of the company is PT Sang Pelopor (53.24%). The percentage of
public shareholding (<5%) is 46.63%. PT Ciputra Development Tbk has 19 Stock Overview
subsidiaries. One of the biggest subsidiaries is PT Ciputra Nusantara dan entitas
anak. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=CTRA

Domestic 13,935.3 1,420.8

Total 16,662.7 1,807.1
Fundamental & ESG
YTD 2021
12.65x 0.99x 27.03 Medium
D 553.3 222.8 776.1
-351.5 -131.4
Buy

D 5,828.7 1,314.7 7,143.4 "Foreign Buy-Domestic Sell" minus "Foreign Sell- CTRA Sector PER Market PER
Domestic Buy".
24.87x 22.07x

2020 F - Rp8.00 11-Aug-20 12-Aug-20 03-Sep-20 2016 BS 13-Jul-16 1,450 161:1 1,440 0.994
2019 F - Rp10.00 05-Jul-19 08-Jul-19 26-Jul-19 2015 BS 30-Sep-15 820 91:1 810 0.989
2018 F - Rp9.50 21-Jun-18 25-Jun-18 05-Jul-18 2010 BS 15-Jun-10 820 1:1 410 0.500
2017 F - Rp4.75 03-Jul-17 05-Jul-17 14-Jul-17 2006 RI 27-Nov-06 880 8:5 740 0.834
2016 SD 161 : 1 Rp0.00 13-Jul-16 15-Jul-16 28-Jul-16 2000 BS 15-Nov-00 330 20:23 155 0.465
Industry Peers

4. MPRO Maha Properti Indonesia Tbk 14,814.33 1,770,239 401,817 1,368,422 127,195 12,774
5. LPKR Lippo Karawaci Tbk 12,407.15 51,865,480 28,291,825 23,573,655 11,810,955 -9,637,220
4. MPRO Maha Properti Indonesia Tbk 246.85 10.87 0.72 0.93 0.23 0.29
5. LPKR Lippo Karawaci Tbk -1.40 0.40 -18.58 -40.88 0.55 1.20


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 CTRA*
3.45%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 980 945 620 575 770 675 785 750 830 975 1,070 1,105
Lowest 870 444 412 472 605 605 610 625 665 785 880 900
Close 945 444 545 575 610 655 770 645 825 925 985 900
Adj. Close* 945 444 545 575 610 655 770 645 825 925 985 900
Growth (%) -53.02% 22.75% 5.50% 6.09% 7.38% 17.56% -16.23% 27.91% 12.12% 6.49% -8.63%
Volume (mill.) 672 1,641 1,219 402 1,587 1,038 888 507 687 969 1,412 882
Value (bill.) 566 1,033 657 210 1,076 671 631 351 532 867 1,355 904
Frequency (th.) 32 57 91 38 91 73 65 42 53 83 128 96
Days 20 21 21 16 21 22 18 22 19 21 19 20
Lowest 1,260 1,095 735 855 412
Close 1,270 1,185 1,010 1,040 985 1. CTRA 37.4% -8.6% 0.6% -33.8% -29.1%
Adj. Close* 1,270 1,185 1,010 1,040 985 2. BSDE 63.0% -8.2% 0.9% -38.2% -35.0%
Growth (%) -6.69% -14.77% 2.97% -5.29% 3. PWON 13.7% -5.5% -7.3% -32.1% 7.6%
4. MPRO 79.5% -14.4% -1.3% n.a. n.a.
Shares Traded 2016 2017 2018 2019 2020 5. LPKR 26.8% -18.2% -23.9% -59.9% -79.1%
Volume 5,498 12,383 4,640 8,761 11,399
Value 7,900 10,464 4,885 9,347 8,331 Note:
Index Membership

2. IDX80 12. MBX 22.
4. IDXPROPERT 14. PROPERTY 24.
7. IDXV30 17. 27.
8. ISSI 18. 28.
9. JII70 19. 29.
10. KOMPAS100 20. 30.


Date: 29 Jan 2021 v2.0.0

Trade receivables 937,575 957,748 1,212,155 1,172,621 937,471 Total Asset & Liabilities (Bill. Rp)
45
Current Assets 13,710,690 15,167,178 16,151,959 18,195,176 20,645,596
Fixed Asset 3,033,847 3,137,453 3,113,950 3,089,106 2,594,980 35

- - - - - - 30
Total Assets 29,072,250 31,706,163 34,289,017 36,196,024 39,255,187
25
Trade Payable 829,102 839,049 831,846 777,515 875,619
20
Curr. Maturities - Bonds Payable 199,468 - 219,602 - 79,883 15
- - - - - - 10

Long-term Bonds Payable 295,292 296,873 79,073 79,451 - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 3,856,323 4,640,076 4,640,076 4,640,076 4,640,076
Paid up Capital (Shares) 15,425 18,560 18,560 18,560 18,560 17,762 17,458
16,644
Par Value 250 250 250 250 250 15,451
Total Equity 14,297,927 15,450,765 16,644,276 17,761,568 17,457,528
Revenues 6,739,315 6,442,797 7,670,405 7,608,237 8,070,737
Gross Profit 3,289,704 3,019,470 3,628,267 3,791,742 4,121,335
Finance Costs -565,799 -551,154 -732,298 -910,436 -1,235,029
EBT 1,500,849 1,298,013 1,655,086 1,612,942 1,659,121
Tax -330,143 -279,484 -352,384 -329,661 -288,435
2016 2017 2018 2019 2020
Profit/Loss Period Attributable 861,761 894,354 1,185,478 1,157,959 1,320,754
Comprehensive Income 1,143,006 966,452 1,326,395 1,288,534 1,361,287 Total Revenue (Bill. Rp)
Comprehensive Attributable 842,731 841,149 1,211,001 1,164,042 1,311,021
8,071
7,670 7,608
Net Cash - Operating 41,055 472,142 1,043,561 979,826 1,213,679 6,739
6,443
Net Cash - Investing -1,053,199 -1,761,064 -1,694,312 -581,910 -838,435
Net Cash - Financing 1,453,790 1,050,468 653,258 603,549 658,298
Net Increase/Decrease in C&CE 441,646 -238,454 2,507 1,001,465 1,033,542
C&CE, end of period 3,467,585 3,228,549 3,243,099 4,237,924 5,275,686
Current Ratio (%) 1.88 1.95 2.02 2.17 1.78
DAR (x) 0.51 0.51 0.51 0.51 0.56
DER (x) 1.03 1.05 1.06 1.04 1.25
EPS (IDR) n.a. n.a. 48.92 54.68 52.85 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 20.65 19.02 18.64

PBV (x) 1.37 1.42 1.13 1.09 1.05
ROA (%) 4.03 3.21 3.80 3.55 3.49
ROE (%) 8.19 6.59 7.83 7.23 7.85 1,371
1,303 1,283
GPM (%) 48.81 46.87 47.30 49.84 51.07 1,171
OPM (%) 26.79 24.20 26.66 28.33 32.20 1,019
NPM (%) 17.37 15.81 16.98 16.87 16.98
DPS (IDR) 12.00 4.75 9.50 10.00 8.00
DPR (%) n.a. n.a. 19.42 18.29 15.14
Dividend Yield (%) 0.94 0.40 0.94 0.96 0.81
2016 2017 2018 2019 2020

ERAA
Erajaya Swasembada Tbk

ERAA Erajaya Swasembada Tbk

Date: 29 Jan 2021 v2.0.0

PT Erajaya Swasembada Tbk has a main business field of Distribution and Established Listing Date IPO Price (IDR) IPO Lead Underwriter
retailer of cellular communication products and services and their support. The PT Buana Capital
company's President Director and President Commisioner are Budiarto Halim 08 Oct 1996 14 Dec 2011 1,000
and Ardy Hady Wijaya. The largest shareholder of the company is PT Eralink
International (54.51%). The percentage of public shareholding (<5%) is 45.17%. Stock Overview
PT Erajaya Swasembada Tbk has 13 subsidiaries. One of the biggest
subsidiaries is PT Erafone Artha Retailindo. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=ERAA

Domestic 15,523.2 2,597.7
Foreign 1,773.6 548.2 E Consumer Cyclicals E74 Specialty Retail
Others 27.89% 23.69% E7 Retailing E742 Electronics Retail
Year 2020 YTD 2021
Total 17,296.8 3,146.0
Fundamental & ESG
YTD 2021
14.44x 1.64x 11.77 Low
D 1,073.0 240.2 1,313.2
154.1 -28.7
Buy

D 6,969.7 714.9 7,684.5 "Foreign Buy-Domestic Sell" minus "Foreign Sell- ERAA Sector PER Market PER
Domestic Buy".
F 868.9 94.9 963.8 A positive net foreign indicates a net buy by
28.06x 22.07x
Total 7,838.6 809.8 8,648.4 foreign investors.

2019 F - Rp50.00 20-May-19 21-May-19 31-May-19 - - - - - - -
2018 F - Rp38.00 02-May-18 04-May-18 25-May-18 - - - - - - -
2016 F - Rp20.00 17-Jun-16 21-Jun-16 01-Jul-16 - - - - - - -
2015 F - Rp20.00 17-Jun-15 19-Jun-15 10-Jul-15 - - - - - - -
2013 F - Rp60.00 26-Jun-13 28-Jun-13 12-Jul-13 - - - - - - -
Industry Peers

1. ERAA Erajaya Swasembada Tbk 8,836.30 11,211,369 5,523,373 5,687,996 34,113,455 671,172
2. TRIO Trikomsel Oke Tbk 11,079.19 111,295 4,084,070 -3,972,775 494,470 -276,597
3. SLIS Gaya Abadi Sempurna Tbk 9,480.00 383,601 204,941 178,660 411,798 26,497
4. ECII Electronic City Indonesia Tbk 1,367.69 1,730,596 477,783 1,252,813 1,618,491 -20,502
5. TELE Tiphone Mobile Indonesia Tbk 883.57 325,450 4,472,235 -4,146,785 4,206,839 -2,566,951
1. ERAA Erajaya Swasembada Tbk 14.44 1.64 5.99 11.80 0.49 0.97
2. TRIO Trikomsel Oke Tbk -40.71 -2.95 -248.52 6.96 36.70 -1.03
3. SLIS Gaya Abadi Sempurna Tbk 358.21 53.17 6.91 14.83 0.53 1.15
4. ECII Electronic City Indonesia Tbk -66.70 1.06 -1.18 -1.64 0.28 0.38
5. TELE Tiphone Mobile Indonesia Tbk -0.14 0.21 -788.74 61.90 13.74 -1.08


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 ERAA*
77.56%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 1,860 1,790 1,260 1,260 1,360 1,515 1,765 1,715 1,745 1,860 2,360 2,820
Lowest 1,560 840 885 1,100 1,215 1,230 1,490 1,515 1,480 1,710 1,750 2,300
Close 1,620 935 1,260 1,255 1,255 1,470 1,720 1,545 1,745 1,720 2,200 2,770
Adj. Close* 1,620 935 1,260 1,255 1,255 1,470 1,720 1,545 1,745 1,720 2,200 2,770
Growth (%) -42.28% 34.76% -0.40% 0.00% 17.13% 17.01% -10.17% 12.94% -1.43% 27.91% 25.91%
Volume (mill.) 321 378 713 313 359 632 494 405 227 482 896 620
Value (bill.) 560 452 828 379 466 883 807 653 372 872 1,803 1,573
Frequency (th.) 65 69 131 67 71 113 88 72 51 95 149 141
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Electronics Retail
Highest 580 780 3,280 2,550 2,360 No. Code 6M YTD 1Y 3Y 5Y
Lowest 515 580 690 1,005 840
Close 525 735 2,200 1,795 2,200 1. ERAA 88.4% 25.9% 74.2% 229.8% 427.6%
Adj. Close* 525 735 2,200 1,795 2,200 2. TRIO 0.0% 0.0% 0.0% -78.7% -78.7%
Growth (%) 40.00% 199.32% -18.41% 22.56% 3. SLIS -7.5% -3.3% -1.7% n.a. n.a.
4. ECII 46.4% 56.5% 1.5% 12.0% 46.4%
Shares Traded 2016 2017 2018 2019 2020 5. TELE 0.0% 0.0% -41.3% -86.9% -82.7%
Volume 2,504 2,486 7,132 9,717 5,553
Value 1,742 1,770 14,813 17,156 8,648 Note:
Index Membership

1. COMPOSITE 11. KOMPAS100 21.
2. IDX30 12. LQ45 22.
3. IDX80 13. MBX 23.
4. IDXCYCLIC 14. PEFINDO25 24.
5. IDXESGL 15. TRADE 25.
6. IDXG30 16. 26.
9. ISSI 19. 29.
10. JII70 20. 30.


Date: 29 Jan 2021 v2.0.0

Cash & Cash Equivalents 614,544 366,396 272,103 571,289 2,002,050
14
Current Assets 5,168,223 6,684,618 10,053,692 6,944,526 7,546,995
Investment Properties - - - - 15,167 12
Fixed Asset 457,248 485,805 553,676 614,540 1,372,421
10
- - - - - -
Total Assets 7,424,604 8,873,875 12,682,903 9,747,703 11,211,369 8
Trade Payable 2,613,690 2,619,331 2,806,645 1,434,567 2,088,241
6
Curr. Maturities - Bank Loans 99,473 128 - - -
- - - - - - 4
- - - - - -
Long-term Bank Loans 2,535 2,690 - - - -

- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 1,450,000 1,450,000 1,595,000 1,595,000 1,595,000 5,688
4,979
Par Value 500 500 500 500 500 4,826

Total Equity 3,409,161 3,706,655 4,825,618 4,978,717 5,687,996 3,707
3,409
Revenues 20,547,128 24,229,915 34,744,177 32,944,903 34,113,455
Gross Profit 1,792,309 2,158,907 3,169,482 2,849,024 3,410,013
Operating Profit/Loss 483,582 523,063 1,317,527 512,590 857,828
Finance Costs -154,404 -142,827 -349,163 -326,036 -191,176
EBT 383,537 479,656 1,203,141 472,720 917,317
Tax -121,816 -132,507 -313,800 -147,137 -246,145
2016 2017 2018 2019 2020
Profit/Loss for the period 261,721 347,150 889,341 325,583 671,172
Profit/Loss Period Attributable 263,755 339,458 850,090 295,066 612,005
Comprehensive Income 257,485 348,546 911,458 316,970 680,050 Total Revenue (Bill. Rp)
Comprehensive Attributable 262,086 336,171 869,920 289,030 617,725
34,744 34,113
Net Cash - Operating 1,458,882 -765,037 -2,427,388 2,430,791 2,852,705
Net Cash - Investing -215,647 -272,076 -398,640 -377,007 -375,132 24,230
Net Cash - Financing -839,861 522,021 2,618,524 -1,861,394 -1,301,649 20,547
Net Increase/Decrease in C&CE 403,375 -515,093 -207,504 192,390 1,175,925
C&CE, end of period 11,335 -501,114 -701,514 -504,392 675,733
Current Ratio (%) 1.31 1.32 1.30 1.50 1.47
DAR (x) 0.54 0.58 0.62 0.49 0.49
DER (x) 1.18 1.39 1.63 0.96 0.97
EPS (IDR) n.a. n.a. 236.14 118.86 133.10 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 9.32 15.10 16.53

PBV (x) 0.45 0.58 1.45 1.15 1.23
ROA (%) 3.53 3.91 7.01 3.34 5.99
889
ROE (%) 7.68 9.37 18.43 6.54 11.80
GPM (%) 8.72 8.91 9.12 8.65 10.00
671
OPM (%) 2.35 2.16 3.79 1.56 2.51
NPM (%) 1.27 1.43 2.56 0.99 1.97
DPS (IDR) 20.00 0.00 38.00 50.00 0.00
DPR (%) n.a. n.a. 16.09 42.06 0.00 347 326
Dividend Yield (%) 3.81 0.00 1.73 2.79 0.00 262
2016 2017 2018 2019 2020

EXCL
XL Axiata Tbk
EXCL XL Axiata Tbk

Date: 29 Jan 2021 v2.0.0

PT XL Axiata Tbk has a main business field of Telecommunication service and/or Established Listing Date IPO Price (IDR) IPO Lead Underwriter
telecommunication network and/or multimedia service. The company's President CIMB Niaga
Director and President Commisioner are Dian Siswarini and Muhamad Chatib 06 Oct 1989 29 Sep 2005 2,000 Securities
Basri. The largest shareholder of the company is Axiata Investments (Indonesia)
Sdn. Bhd. (61.16%). The percentage of public shareholding (<5%) is 38.31%. Stock Overview
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=EXCL

Domestic 25,205.7 3,516.8
72% 75%
Foreign 9,947.2 1,173.8 J Infrastructures J32 Wireless Telecommunication Services
Others 20.53% 24.41% J3 Telecommunication J321 Wireless Telecommunication Services
Year 2020 YTD 2021
Total 35,152.9 4,690.5
Fundamental & ESG
YTD 2021
63.96x 1.14x 25.65 Medium
D 1,339.7 417.7 1,757.4
-1,174.6 2.0
Buy

D 9,732.9 3,457.3 13,190.2 "Foreign Buy-Domestic Sell" minus "Foreign Sell- EXCL Sector PER Market PER
Domestic Buy".
29.71x 22.07x

2020 F - Rp20.00 02-Jun-20 03-Jun-20 17-Jun-20 2016 RI 16-May-16 3,380 100:25 3,330 0.986
2014 F - Rp64.00 14-May-14 19-May-14 04-Jun-14 - - - - - - -
2013 F - Rp135.00 03-May-13 07-May-13 22-May-13 - - - - - - -
2012 F - Rp129.88 23-Apr-12 25-Apr-12 09-May-12 - - - - - - -
2011 F - Rp107.00 12-May-11 16-May-11 31-May-11 - - - - - - -
Industry Peers

1. EXCL XL Axiata Tbk 23,767.35 67,744,797 48,607,431 19,137,366 26,009,095 371,598
2. TOWR Sarana Menara Nusantara Tbk 48,974.04 34,249,550 24,065,502 10,184,048 7,445,426 2,853,617
3. ISAT Indosat Tbk 27,305.52 62,778,740 49,865,344 12,913,396 27,925,661 -630,160
4. FREN Smartfren Telecom Tbk 14,216.18 38,684,277 26,318,344 12,365,932 9,407,883 -1,523,603
5. IBST Inti Bangun Sejahtera Tbk 11,989.28 10,412,826 4,210,976 6,201,850 1,122,276 67,204
1. EXCL XL Axiata Tbk 63.96 1.14 0.55 1.94 0.72 2.54
2. TOWR Sarana Menara Nusantara Tbk 17.27 5.04 8.33 28.02 0.70 2.36
3. ISAT Indosat Tbk -38.10 2.05 -1.00 -4.88 0.79 3.86
4. FREN Smartfren Telecom Tbk -9.33 1.29 -3.94 -12.32 0.68 2.13
5. IBST Inti Bangun Sejahtera Tbk 178.40 1.92 0.65 1.08 0.40 0.68

EXCL XL Axiata Tbk

Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 EXCL*
-21.83%
IHSG
-0.37%
LQ45
-4.33%
Sector**
*Adjusted Close Price; **Infrastructures
Highest 2,900 2,540 2,590 2,630 2,790 2,970 2,610 2,420 2,210 2,540 2,900 2,840
Lowest 2,460 1,410 1,950 2,290 2,530 2,500 2,380 1,930 2,030 1,985 2,420 2,220
Close 2,590 2,000 2,540 2,590 2,770 2,500 2,440 2,030 2,030 2,410 2,730 2,220
Adj. Close* 2,590 2,000 2,540 2,590 2,770 2,500 2,440 2,030 2,030 2,410 2,730 2,220
Growth (%) -22.78% 27.00% 1.97% 6.95% -9.75% -2.40% -16.80% 0.00% 18.72% 13.28% -18.68%
Volume (mill.) 509 521 366 371 288 310 446 438 305 1,401 1,934 906
Value (bill.) 1,396 975 857 908 766 846 1,108 949 654 3,251 5,170 2,345
Frequency (th.) 77 90 95 93 79 82 116 107 62 179 278 180
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Wireless Telecommunication Services
Lowest 3,385 2,280 1,750 1,980 1,410
Close 3,675 2,960 1,980 3,150 2,730 1. EXCL -11.2% -18.7% -23.4% -25.8% -39.6%
Adj. Close* 3,675 2,960 1,980 3,150 2,730 2. TOWR -15.4% 0.0% 13.6% 29.4% 6.8%
Growth (%) -19.46% -33.11% 59.09% -13.33% 3. ISAT 118.5% -0.5% 119.4% -9.0% -8.2%
4. FREN -62.2% -19.4% -47.6% 8.4% 8.4%
Shares Traded 2016 2017 2018 2019 2020 5. IBST 8.2% 22.4% 36.0% 9.6% 206.0%
Volume 3,186 2,147 4,266 4,816 7,105
Value 9,948 6,906 10,340 14,106 17,576 Note:
Index Membership

3. IDX30 13. JII70 23.
4. IDX80 14. KOMPAS100 24.
5. IDXESGL 15. LQ45 25.
6. IDXINFRA 16. MBX 26.
8. IDXSMC-LIQ 18. SMinfra18 28.
9. INFRASTRUC 19. 29.
10. Investor33 20. 30.

EXCL XL Axiata Tbk

Date: 29 Jan 2021 v2.0.0

Inventories 161,078 143,303 189,063 74,608 143,377 Asset Liabilities
80
Current Assets 6,806,863 7,180,742 7,058,652 7,145,648 7,571,123
- - - - - - 70
Fixed Asset 33,182,920 34,933,877 36,759,530 42,081,680 47,162,250 60

- - - - - -
50
Total Assets 54,896,286 56,321,441 57,613,954 62,725,242 67,744,797
Trade Payable 6,502,815 7,475,861 9,105,808 8,042,098 7,378,931 40
Curr. Maturities - Bank Loans 3,645,122 2,474,424 646,095 4,076,202 727,795 30

Curr. Maturities - Bonds Payable - - 326,491 309,874 449,310
20
Curr. Maturities - Sukuk - 1,296,858 356,430 1,075,440 398,417
Long-term Bonds Payable - - 668,325 992,449 544,526 2016 2017 2018 2019 2020
Long-term Sukuk 1,001,586 1,883,223 2,523,058 2,088,832 1,692,167
Common Stocks 1,068,796 1,068,796 1,068,796 1,068,796 1,070,601 21,631
Par Value 100 100 100 100 100
Total Equity 21,209,145 21,630,850 18,343,098 19,121,966 19,137,366
19,122 19,137
Revenues 21,341,425 22,875,662 22,938,812 25,132,628 26,009,095 18,343
- - - - - -
Operating Profit/Loss -1,926,396 -2,459,401 -2,421,268 -1,914,297 -1,560,744
Finance Costs -1,793,508 -1,539,281 -1,746,198 -2,242,505 -2,667,824
EBT 185,581 221,238 -4,396,280 1,144,117 146,211
Tax 189,935 154,006 1,099,390 -431,538 225,387
2016 2017 2018 2019 2020
Profit/Loss for the period 375,516 375,244 -3,296,890 712,579 371,598
Profit/Loss Period Attributable 375,516 375,244 -3,296,890 712,579 371,598
Comprehensive Income 396,549 403,443 -3,280,113 725,857 345,176 Total Revenue (Bill. Rp)
Comprehensive Attributable 396,549 403,443 -3,280,113 725,857 345,176
26,009
22,876 22,939
Net Increase/Decrease in C&CE -1,905,686 1,051,176 -1,433,264 573,860 1,360,963
C&CE, end of period 1,399,910 2,455,343 1,047,115 1,603,445 2,965,589
Current Ratio (%) 0.47 0.47 0.45 0.34 0.40
DAR (x) 0.61 0.62 0.68 0.70 0.72
DER (x) 1.59 1.60 2.14 2.28 2.54
EPS (IDR) n.a. n.a. -0.71 -248.29 213.82 2016 2017 2018 2019 2020
PER (x) n.a. n.a. -2,773.91 -12.69 12.77

PBV (x) 1.85 1.46 1.15 1.76 1.53
ROA (%) 0.68 0.67 -5.72 1.14 0.55 713
ROE (%) 1.77 1.73 -17.97 3.73 1.94 376 375 372
GPM (%) n.a. n.a. n.a. n.a. n.a.

OPM (%) -9.03 -10.75 -10.56 -7.62 -6.00
NPM (%) 1.76 1.64 -14.37 2.84 1.43
DPS (IDR) 0.00 0.00 0.00 0.00 20.00
DPR (%) n.a. n.a. 0.00 0.00 9.35
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.73
Market Capitalization, billion IDR 24,689 31,636 21,162 33,667 29,227 -3,297
2016 2017 2018 2019 2020

GGRM
Gudang Garam Tbk

GGRM Gudang Garam Tbk

Date: 29 Jan 2021 v2.0.0

PT Gudang Garam Tbk has a main business field of Cigarette industry. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Susilo PT Danareksa
Wonowidjojo and Juni Setiawati Wonowidjojo. The largest shareholder of the 26 Jun 1958 27 Aug 1990 10,250 Sekuritas
company is PT. SURYADUTA INVESTAMA (69.29%). The percentage of public
shareholding (<5%) is 24.45%. PT Gudang Garam Tbk has 10 subsidiaries. One Stock Overview
of the biggest subsidiaries is PT Surya Madistrindo.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=GGRM

Domestic 27,839.5 2,469.5
Foreign 12,674.5 709.5 D Consumer Non-Cyclicals D31 Tobacco
Others 25.35% 32.85% D3 Tobacco D311 Tobacco
Year 2020 YTD 2021
Total 40,513.9 3,179.0
Fundamental & ESG
YTD 2021
9.49x 1.28x 35.99 High
D 979.9 214.9 1,194.8
-1,447.1 79.9
Buy

D 10,234.9 4,408.4 14,643.3 "Foreign Buy-Domestic Sell" minus "Foreign Sell- GGRM Sector PER Market PER
Domestic Buy".
17.40x 22.07x

2019 F - Rp2600.00 05-Jul-19 08-Jul-19 25-Jul-19 1996 SS 03-Jun-96 19,000 2:1 9,500 0.500
2018 F - Rp2600.00 04-Jul-18 06-Jul-18 26-Jul-18 1996 BS 26-Apr-96 32,775 1:1 16,400 0.500
2017 F - Rp2600.00 04-Jul-17 06-Jul-17 19-Jul-17 - - - - - - -
2016 F - Rp2600.00 29-Jun-16 01-Jul-16 22-Jul-16 - - - - - - -
2015 F - Rp800.00 06-Jul-15 08-Jul-15 30-Jul-15 - - - - - - -
Industry Peers

1. GGRM Gudang Garam Tbk 72,586.22 78,191,409 19,668,941 58,522,468 114,477,311 7,647,729
2. HMSP HM Sampoerna Tbk 152,376.68 49,674,030 19,432,604 30,241,426 92,425,210 8,581,378
3. RMBA Bentoel Internasional Investama Tbk 10,410.72 12,464,005 6,755,055 5,708,950 13,890,914 -2,666,991
4. WIIM Wismilak Inti Makmur Tbk 961.74 1,614,442 428,590 1,185,852 1,994,067 172,507
5. ITIC Indonesian Tobacco Tbk 442.14 505,077 225,251 279,826 224,296 6,120
1. GGRM Gudang Garam Tbk 9.49 1.28 9.78 13.07 0.25 0.34
2. HMSP HM Sampoerna Tbk 17.76 5.32 17.28 28.38 0.39 0.64
3. RMBA Bentoel Internasional Investama Tbk -3.90 1.32 -21.40 -46.72 0.54 1.18
4. WIIM Wismilak Inti Makmur Tbk 5.58 0.85 10.69 14.55 0.27 0.36
5. ITIC Indonesian Tobacco Tbk 72.24 1.58 1.21 2.19 0.45 0.80


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 GGRM*
-32.00%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 57,000 51,775 49,825 49,425 49,000 50,025 54,525 47,500 44,550 44,925 47,600 41,450
Lowest 51,000 32,900 40,050 44,000 46,850 46,675 47,500 39,900 40,000 40,525 41,000 37,725
Close 51,000 41,100 45,300 48,750 47,175 49,975 47,500 40,050 40,975 42,250 41,000 37,725
Adj. Close* 51,000 41,100 45,300 48,750 47,175 49,975 47,500 40,050 40,975 42,250 41,000 37,725
Growth (%) -19.41% 10.22% 7.62% -3.23% 5.94% -4.95% -15.68% 2.31% 3.11% -2.96% -7.99%
Volume (mill.) 21 33 29 23 28 28 38 38 39 45 82 39
Value (bill.) 1,182 1,408 1,303 1,074 1,336 1,366 1,955 1,678 1,608 1,943 3,555 1,589
Frequency (th.) 47 78 79 56 65 63 90 90 80 89 136 81
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Tobacco

Lowest 53,400 60,150 66,525 49,225 32,900
Close 58,350 83,800 83,625 53,000 41,000 1. GGRM -24.5% -8.0% -32.4% -53.5% -35.3%
Adj. Close* 58,350 83,800 83,625 53,000 41,000 2. HMSP -23.2% -13.0% -36.7% -73.3% -98.7%
Growth (%) 43.62% -0.21% -36.62% -22.64% 3. RMBA 21.2% -15.9% -4.7% -20.6% -36.4%
4. WIIM 43.1% -15.2% 220.3% 86.2% 18.0%
Shares Traded 2016 2017 2018 2019 2020 5. ITIC -44.4% -27.7% -78.6% n.a. n.a.
Volume 408 273 244 426 437
Value 26,537 19,135 18,412 29,563 20,257 Note:
Index Membership

1. COMPOSITE 11. MBX 21.
2. CONSUMER 12. MNC36 22.
3. IDX30 13. 23.
4. IDX80 14. 24.
5. IDXHIDIV20 15. 25.
6. IDXNONCYC 16. 26.
7. IDXQ30 17. 27.
8. KOMPAS100 18. 28.
9. LQ45 19. 29.
10. MANUFACTUR 20. 30.


Date: 29 Jan 2021 v2.0.0

90
Current Assets 41,933,173 43,764,490 45,284,719 52,081,133 49,537,929
- - - - - - 80
Fixed Asset 20,498,950 21,408,575 22,758,558 25,373,983 27,678,244 70

- - - - - - 60
Total Assets 62,951,634 66,759,930 69,097,219 78,647,274 78,191,409
50
Trade Payable 1,117,957 1,213,634 1,129,544 1,297,463 1,123,703
40
Curr. Maturities - Bank Loans - - - 20,000 20,000
- - - - - - 30
- - - - - - 20

Long-term Bank Loans - - - 176,667 156,667 -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 962,044 962,044 962,044 962,044 962,044
58,522
Par Value 500 500 500 500 500
50,931
45,133
Total Equity 39,564,228 42,187,664 45,133,285 50,930,758 58,522,468 42,188
39,564
Revenues 76,274,147 83,305,925 95,707,663 110,523,819 114,477,311
Gross Profit 16,616,716 18,221,662 18,644,327 22,783,255 17,388,244
Finance Costs -1,190,902 -800,741 -677,562 -585,354 -382,722
EBT 8,931,136 10,436,512 10,479,242 14,487,736 9,663,133
Tax -2,258,454 -2,681,165 -2,686,174 -3,607,032 -2,015,404
2016 2017 2018 2019 2020
110,524
95,708
83,306
Net Increase/Decrease in C&CE -418,155 1,484,804 -725,463 1,850,163 1,309,448

C&CE, end of period 841,875 2,329,179 1,612,024 3,455,447 4,765,046
Current Ratio (%) 1.94 1.94 2.06 2.06 2.91
DAR (x) 0.37 0.37 0.35 0.35 0.25
DER (x) 0.59 0.58 0.53 0.54 0.34
EPS (IDR) n.a. n.a. 4,209.05 4,819.90 4,825.49 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 19.87 11.00 8.50

PBV (x) 2.84 3.82 3.57 2.00 1.35
ROA (%) 10.60 11.62 11.28 13.83 9.78 10,881
ROE (%) 16.87 18.38 17.27 21.36 13.07
GPM (%) 21.79 21.87 19.48 20.61 15.19
OPM (%) 13.07 13.35 11.59 13.38 8.57 7,755 7,793 7,648
NPM (%) 8.75 9.31 8.14 9.84 6.68 6,673
DPS (IDR) 2,600.00 2,600.00 2,600.00 2,600.00 0.00

DPR (%) n.a. n.a. 61.77 53.94 0.00
Dividend Yield (%) 4.46 3.10 3.11 4.91 0.00
2016 2017 2018 2019 2020

HMSP
HM Sampoerna Tbk
HMSP HM Sampoerna Tbk

Date: 29 Jan 2021 v2.0.0

PT HM Sampoerna Tbk has a main business field of Cigarette industry. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Mindaugas PT Inter-Pacific
Trumpaitis and John Gledhill. The largest shareholder of the company is PHILIP 19 Oct 1963 15 Aug 1990 12,600 Securities
MORRIS INDONESIA, PT - (92.50%). The percentage of public shareholding
(<5%) is 7.50%. PT HM Sampoerna Tbk has 10 subsidiaries. One of the biggest Stock Overview
subsidiaries is PT Perusahaan Dagang dan Industri Panamas.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=HMSP

Domestic 43,690.6 3,799.8
79% Others 0.11% 0.05% Sector Industry
91%
Foreign 11,414.4 383.5 D Consumer Non-Cyclicals D31 Tobacco
21%
9%
Others 16.98% 12.49% D3 Tobacco D311 Tobacco
Year 2020 YTD 2021
Total 55,104.9 4,183.3
Fundamental & ESG
YTD 2021
17.76x 5.32x 25.73 Medium
D 1,723.4 182.1 1,905.6
-2,243.3 -11.4
Buy

D 18,093.3 4,873.6 22,967.0 "Foreign Buy-Domestic Sell" minus "Foreign Sell- HMSP Sector PER Market PER
Domestic Buy".
17.40x 22.07x

2020 F - Rp119.80 02-Jun-20 03-Jun-20 09-Jun-20 2016 SS 14-Jun-16 95,150 25:1 3,810 0.040
2019 F - Rp117.20 20-May-19 21-May-19 29-May-19 2015 RI 20-Oct-15 88,000 65:4 87,350 0.993
2018 F - Rp107.30 08-May-18 11-May-18 25-May-18 2001 SS 24-Sep-01 24,450 5:1 4,900 0.200
2017 F - Rp107.70 08-May-17 10-May-17 26-May-17 1996 SS 18-Nov-96 24,450 2:1 12,250 0.500
2016 F - Rp2225.00 09-May-16 11-May-16 27-May-16 - - - - - - -
Industry Peers

1. HMSP HM Sampoerna Tbk 152,376.68 49,674,030 19,432,604 30,241,426 92,425,210 8,581,378
2. GGRM Gudang Garam Tbk 72,586.22 78,191,409 19,668,941 58,522,468 114,477,311 7,647,729
3. RMBA Bentoel Internasional Investama Tbk 10,410.72 12,464,005 6,755,055 5,708,950 13,890,914 -2,666,991
4. WIIM Wismilak Inti Makmur Tbk 961.74 1,614,442 428,590 1,185,852 1,994,067 172,507
5. ITIC Indonesian Tobacco Tbk 442.14 505,077 225,251 279,826 224,296 6,120
1. HMSP HM Sampoerna Tbk 17.76 5.32 17.28 28.38 0.39 0.64
2. GGRM Gudang Garam Tbk 9.49 1.28 9.78 13.07 0.25 0.34
3. RMBA Bentoel Internasional Investama Tbk -3.90 1.32 -21.40 -46.72 0.54 1.18
4. WIIM Wismilak Inti Makmur Tbk 5.58 0.85 10.69 14.55 0.27 0.36
5. ITIC Indonesian Tobacco Tbk 72.24 1.58 1.21 2.19 0.45 0.80


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 HMSP*
-36.41%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 2,070 1,785 1,780 1,940 1,850 1,850 1,750 1,680 1,570 1,600 1,795 1,515
Lowest 1,700 1,155 1,415 1,520 1,645 1,625 1,615 1,400 1,400 1,405 1,505 1,310
Close 1,700 1,425 1,595 1,940 1,645 1,705 1,650 1,400 1,415 1,525 1,505 1,310
Adj. Close* 1,700 1,425 1,595 1,940 1,645 1,705 1,650 1,400 1,415 1,525 1,505 1,310
Growth (%) -16.18% 11.93% 21.63% -15.21% 3.65% -3.23% -15.15% 1.07% 7.77% -1.31% -12.96%
Volume (mill.) 777 1,191 726 896 799 1,286 843 578 769 3,266 4,615 1,426
Value (bill.) 1,491 1,742 1,158 1,587 1,409 2,235 1,427 891 1,118 4,946 7,500 2,092
Frequency (th.) 78 126 108 113 139 174 124 109 124 276 427 188
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Tobacco

Lowest 90,125 3,780 3,280 1,900 1,155
Close 103,500 4,730 3,710 2,100 1,505 1. HMSP -23.2% -13.0% -36.7% -73.3% -98.7%
Adj. Close* 103,500 4,730 3,710 2,100 1,505 2. GGRM -24.5% -8.0% -32.4% -53.5% -35.3%
Growth (%) -95.43% -21.56% -43.40% -28.33% 3. RMBA 21.2% -15.9% -4.7% -20.6% -36.4%
4. WIIM 43.1% -15.2% 220.3% 86.2% 18.0%
Shares Traded 2016 2017 2018 2019 2020 5. ITIC -44.4% -27.7% -78.6% n.a. n.a.
Volume 2,985 5,043 6,477 9,520 16,675
Value 22,740 19,824 25,694 26,970 27,552 Note:
Index Membership

1. COMPOSITE 11. MANUFACTUR 21.
2. CONSUMER 12. MBX 22.
3. IDX30 13. MNC36 23.
4. IDX80 14. 24.
5. IDXESGL 15. 25.
6. IDXHIDIV20 16. 26.
7. IDXNONCYC 17. 27.
8. IDXQ30 18. 28.
9. KOMPAS100 19. 29.
10. LQ45 20. 30.


Date: 29 Jan 2021 v2.0.0

60
Current Assets 33,647,496 34,180,353 37,831,483 41,697,015 41,091,638
Investment Properties 585,098 481,322 465,004 443,339 422,148
50
Fixed Asset 6,895,483 6,890,750 7,288,435 7,297,912 6,582,808
- - - - - - 40
Total Assets 42,508,277 43,141,063 46,602,420 50,902,806 49,674,030
Trade Payable 3,870,617 3,666,441 3,450,070 3,802,004 3,467,567 30
- - - - - -
- - - - - - 20
- - - - - -
10
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 465,272 465,272 465,272 465,272 465,272
35,358
Par Value 4 4 4 4 4
34,175 34,113
Total Equity 34,175,014 34,112,985 35,358,253 35,679,730 30,241,426
Revenues 95,466,657 99,091,484 106,741,891 106,055,176 92,425,210
30,241
Gross Profit 23,854,676 24,215,842 25,490,791 26,122,981 18,771,235
Finance Costs -22,324 -25,533 -30,495 -53,454 -49,983
EBT 17,011,447 16,894,806 17,961,269 18,259,423 11,161,466
Tax -4,249,218 -4,224,272 -4,422,851 -4,537,910 -2,580,088
2016 2017 2018 2019 2020
106,742

Net Cash - Investing -362,419 -381,049 333,591 -56,710 -863,728
Net Increase/Decrease in C&CE 3,337,445 2,445,554 8,014,702 3,304,256 -3,016,386 95,467

C&CE, end of period 5,056,183 7,501,737 15,516,439 18,820,695 15,804,309
92,425
Current Ratio (%) 5.23 5.27 4.30 3.28 2.45
DAR (x) 0.20 0.21 0.24 0.30 0.39
DER (x) 0.24 0.26 0.32 0.43 0.64
EPS (IDR) n.a. n.a. 111.96 120.77 89.69 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 33.14 17.39 16.78

PBV (x) 352.27 16.13 12.20 6.85 5.79
ROA (%) 30.02 29.37 29.05 26.96 17.28
ROE (%) 37.34 37.14 38.29 38.46 28.38 13,538 13,722
12,762 12,671
GPM (%) 24.99 24.44 23.88 24.63 20.31
OPM (%) 16.78 16.26 15.82 16.10 11.25
NPM (%) 13.37 12.79 12.68 12.94 9.28 8,581
DPS (IDR) 2,225.00 107.70 107.30 117.20 119.80
DPR (%) n.a. n.a. 95.84 97.04 133.58
Dividend Yield (%) 2.15 2.28 2.89 5.58 7.96
2016 2017 2018 2019 2020

ICBP
Indofood CBP Sukses Makmur Tbk

ICBP Indofood CBP Sukses Makmur Tbk

Date: 29 Jan 2021 v2.0.0

PT Indofood CBP Sukses Makmur Tbk has a main business field of Branded Established Listing Date IPO Price (IDR) IPO Lead Underwriter
food product industry. The company's President Director and President PT Kim Eng
Commisioner are Anthoni Salim and Franciscus Welirang. The largest 02 Sep 2009 07 Oct 2010 5,395 Securities
shareholder of the company is PT INDOFOOD SUKSES MAKMUR Tbk
(80.53%). The percentage of public shareholding (<5%) is 19.47%. PT Indofood Stock Overview
CBP Sukses Makmur Tbk has 10 subsidiaries. One of the biggest subsidiaries is
Pinehill Company Limited dan Entitas Anak. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=ICBP

Domestic 30,684.7 2,943.1
63% Institution 45.78% 37.96%
69%
Foreign 18,401.7 1,319.4 D Consumer Non-Cyclicals D22 Processed Foods
37% 31%
Others 24.20% 37.97% D2 Food & Beverage D222 Processed Foods
Year 2020 YTD 2021
Total 49,086.3 4,262.4
Fundamental & ESG
YTD 2021
16.11x 2.23x 38.38 High
D 1,024.4 636.7 1,661.2
-2,067.2 -379.3
Buy

D 9,949.3 6,426.7 16,376.0 "Foreign Buy-Domestic Sell" minus "Foreign Sell- ICBP Sector PER Market PER
Domestic Buy".
17.40x 22.07x

2020 F - Rp215.00 24-Jul-20 27-Jul-20 12-Aug-20 2016 SS 27-Jul-16 17,900 2:1 8,950 0.500
2019 F - Rp137.00 17-Jun-19 18-Jun-19 04-Jul-19 - - - - - - -
2018 I - Rp58.00 06-Nov-18 08-Nov-18 28-Nov-18 - - - - - - -
2018 F - Rp162.00 20-Jun-18 22-Jun-18 03-Jul-18 - - - - - - -
2017 F - Rp154.00 12-Jun-17 14-Jun-17 04-Jul-17 - - - - - - -
Industry Peers

1. ICBP Indofood CBP Sukses Makmur Tbk 106,123.36 103,588,325 53,270,272 50,318,053 46,641,048 7,418,574
2. MYOR Mayora Indah Tbk 62,380.77 19,777,501 8,506,032 11,271,468 24,476,954 2,098,169
3. INDF Indofood Sukses Makmur Tbk 53,121.58 163,136,516 83,998,472 79,138,044 81,731,469 8,752,066
4. STTP Siantar Top Tbk 12,183.00 3,448,995 775,697 2,673,298 3,846,300 628,629
5. GOOD Garudafood Putra Putri Jaya Tbk 9,003.09 6,570,970 3,676,533 2,894,437 7,711,335 245,104
1. ICBP Indofood CBP Sukses Makmur Tbk 16.11 2.23 7.16 14.74 0.51 1.06
2. MYOR Mayora Indah Tbk 30.27 5.77 10.61 18.61 0.43 0.75
3. INDF Indofood Sukses Makmur Tbk 8.23 0.71 5.36 11.06 0.51 1.06
4. STTP Siantar Top Tbk 19.38 4.83 18.23 23.52 0.22 0.29
5. GOOD Garudafood Putra Putri Jaya Tbk 34.71 3.39 3.73 8.47 0.56 1.27


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 ICBP*
-20.18%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 11,600 10,975 10,350 9,900 9,400 9,575 10,550 10,550 10,150 10,600 10,175 9,750
Lowest 10,275 8,300 9,600 8,150 8,475 9,000 9,300 9,975 9,650 9,600 9,300 9,100
Close 10,275 10,225 9,875 8,150 9,350 9,200 10,225 10,075 9,650 9,900 9,575 9,100
Adj. Close* 10,275 10,225 9,875 8,150 9,350 9,200 10,225 10,075 9,650 9,900 9,575 9,100
Growth (%) -0.49% -3.42% -17.47% 14.72% -1.60% 11.14% -1.47% -4.22% 2.59% -3.28% -4.96%
Volume (mill.) 150 178 128 378 333 189 210 131 109 307 339 224
Value (bill.) 1,634 1,763 1,293 3,234 2,922 1,763 2,115 1,336 1,073 3,078 3,328 2,131
Frequency (th.) 62 106 92 150 169 106 118 91 88 197 205 146
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Processed Foods
Lowest 13,000 8,100 8,000 8,975 8,150
Close 14,450 8,900 10,450 11,150 9,575 1. ICBP -1.1% -5.0% -20.0% 4.3% -37.0%
Adj. Close* 14,450 8,900 10,450 11,150 9,575 2. MYOR 18.7% 3.0% 45.3% 24.6% -89.7%
Growth (%) -38.41% 17.42% 6.70% -14.13% 3. INDF -6.2% -11.7% -22.7% -21.9% -2.4%
4. STTP 17.0% -2.1% 133.1% 111.8% 203.9%
Shares Traded 2016 2017 2018 2019 2020 5. GOOD -9.0% -3.9% -9.3% n.a. n.a.
Volume 1,093 1,298 1,255 1,642 2,539
Value 12,752 11,158 11,168 17,379 24,543 Note:
Index Membership

1. BISNIS-27 11. JII 21.
3. CONSUMER 13. KOMPAS100 23.
4. IDX30 14. LQ45 24.
5. IDX80 15. MANUFACTUR 25.
6. IDXG30 16. MBX 26.
8. IDXQ30 18. 28.
9. Investor33 19. 29.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

120
Current Assets 15,571,362 16,579,331 14,121,568 16,624,925 20,716,223
- - - - - -
100
Fixed Asset 7,114,288 8,120,254 10,741,622 11,342,412 13,351,296
- - - - - - 80
Total Assets 28,901,948 31,619,514 34,367,153 38,709,314 103,588,325
Trade Payable 2,692,349 2,904,233 2,956,189 2,635,433 3,045,111 60

- - - - - - 40
- - - - - -
20
Long-term Bank Loans 872,033 954,545 667,099 1,694,785 30,772,817 -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 583,095 583,095 583,095 583,095 583,095
50,318
Par Value 100 50 50 50 50
Total Equity 18,500,823 20,324,330 22,707,150 26,671,104 50,318,053
Revenues 34,466,069 35,606,593 38,413,407 42,296,703 46,641,048 22,707
20,324
18,501
Gross Profit 10,859,314 11,058,836 12,265,550 14,404,013 17,224,375
Finance Costs -178,970 -153,935 -225,568 -161,444 -670,545
EBT 4,989,254 5,206,561 6,446,785 7,436,972 9,958,647
Tax -1,357,953 -1,663,388 -1,788,004 -2,076,943 -2,540,073
2016 2017 2018 2019 2020
38,413
34,466
Net Cash - Financing -2,159,227 -1,815,525 -4,242,099 -1,266,076 26,758,085
Net Increase/Decrease in C&CE 865,605 409,103 -4,301,606 3,732,271 1,137,476
C&CE, end of period 8,371,980 8,796,690 4,703,806 8,340,556 9,527,917
Current Ratio (%) 2.41 2.43 1.95 2.54 2.26
DAR (x) 0.36 0.36 0.34 0.31 0.51
DER (x) 0.56 0.56 0.51 0.45 1.06
EPS (IDR) n.a. n.a. 363.56 426.73 438.69 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 28.74 26.13 21.83

PBV (x) 9.11 5.11 5.37 4.88 2.22
ROA (%) 12.56 11.21 13.56 13.85 7.16 7,419
ROE (%) 19.63 17.43 20.52 20.10 14.74
GPM (%) 31.51 31.06 31.93 34.05 36.93
5,360
OPM (%) 14.32 15.10 15.03 17.21 19.55
4,659
NPM (%) 10.54 9.95 12.13 12.67 15.91
DPS (IDR) 256.00 154.00 220.00 137.00 215.00 3,631 3,543
DPR (%) n.a. n.a. 60.51 32.10 49.01
Dividend Yield (%) 1.77 1.73 2.11 1.23 2.25
2016 2017 2018 2019 2020

INCO
Vale Indonesia Tbk

INCO Vale Indonesia Tbk

Date: 29 Jan 2021 v2.0.0

PT Vale Indonesia Tbk has a main business field of Metal and mineral mining. Established Listing Date IPO Price (IDR) IPO Lead Underwriter
The company's President Director and President Commisioner are Febriany Eddy PT Danareksa
and Deshnee Naido. The largest shareholder of the company is Vale Canada 25 Jul 1968 16 May 1990 9,800 Sekuritas
Limited (43.79%). The percentage of public shareholding (<5%) is 21.18%.
Stock Overview
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=INCO

Domestic 28,316.0 13,463.6
Others 12.10% 9.38% B1 Basic Materials B146 Diversified Metals & Minerals
Year 2020 YTD 2021
Total 38,140.6 16,707.0
Fundamental & ESG
YTD 2021
46.78x 1.82x 62.02 Severe
D 5,487.0 1,111.0 6,598.0
-5,232.3 267.5
Buy

D 9,645.1 7,129.0 16,774.2 "Foreign Buy-Domestic Sell" minus "Foreign Sell- INCO Sector PER Market PER
Domestic Buy".
17.47x 22.07x

2014 I - $0.01 01-Dec-14 03-Dec-14 17-Dec-14 2008 SS 15-Jan-08 99,000 1000:100 9,900 0.100
2013 I - Rp30.14 02-Dec-13 04-Dec-13 18-Dec-13 2004 SS 03-Aug-04 34,300 4:1 8,600 0.250
2013 F - $0.00 15-May-13 17-May-13 31-May-13 - - - - - - -
2012 I - $0.00 07-Dec-12 11-Dec-12 27-Dec-12 - - - - - - -
2012 F - $0.01 15-May-12 21-May-12 01-Jun-12 - - - - - - -
Industry Peers

3. TINS Timah Tbk 12,586.70 14,517,700 9,577,564 4,940,136 15,215,980 -340,602
4. BRMS Bumi Resources Minerals Tbk 6,035.66 8,295,762 1,430,807 6,864,955 117,688 56,959
5. ZINC Kapuas Prima Coal Tbk 3,358.25 1,390,449 580,686 809,762 608,099 29,122
3. TINS Timah Tbk -36.95 2.55 -2.35 -6.89 0.66 1.94
4. BRMS Bumi Resources Minerals Tbk 108.23 0.70 0.69 0.83 0.17 0.21
5. ZINC Kapuas Prima Coal Tbk 108.50 4.16 2.09 3.60 0.42 0.72


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 INCO*
69.23%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 3,310 2,720 2,570 3,090 3,040 3,470 3,830 3,980 4,280 4,690 5,500 6,725
Lowest 2,450 1,440 2,030 2,650 2,730 2,800 3,350 3,510 3,440 4,090 4,650 5,400
Close 2,450 2,160 2,570 2,780 2,800 3,420 3,790 3,560 4,050 4,610 5,100 5,500
Adj. Close* 2,450 2,160 2,570 2,780 2,800 3,420 3,790 3,560 4,050 4,610 5,100 5,500
Growth (%) -11.84% 18.98% 8.17% 0.72% 22.14% 10.82% -6.07% 13.76% 13.83% 10.63% 7.84%
Volume (mill.) 171 262 267 218 384 508 247 242 2,359 406 529 1,331
Value (bill.) 521 545 640 627 1,123 1,633 904 917 6,999 1,824 2,756 8,354
Frequency (th.) 33 49 54 51 84 102 59 64 113 126 158 455
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Diversified Metals & Minerals
Lowest 1,375 1,885 2,750 2,470 1,440
Close 1,445 2,890 3,260 3,640 5,100 1. INCO 60.8% 7.8% 74.1% 46.7% 280.6%
Adj. Close* 1,445 2,890 3,260 3,640 5,100 2. ANTM 204.1% 14.7% 208.3% 142.6% 574.8%
Growth (%) 100.00% 12.80% 11.66% 40.11% 3. TINS 122.4% 13.8% 138.0% 61.0% 225.0%
4. BRMS 70.0% 2.4% 70.0% 4.9% 94.9%
Shares Traded 2016 2017 2018 2019 2020 5. ZINC -8.9% -30.0% -62.6% -62.2% n.a.
Volume 3,475 3,606 2,910 4,276 5,760
Value 8,321 9,303 10,068 14,815 19,070 Note:
Index Membership

2. IDX30 12. LQ45 22.
3. IDX80 13. MBX 23.
4. IDXBASIC 14. MINING 24.
8. ISSI 18. 28.
9. JII 19. 29.
10. JII70 20. 30.


Date: 29 Jan 2021 v2.0.0

Trade receivables 1,969,933 2,243,237 1,806,814 1,496,229 846,864 Total Asset & Liabilities (Bill. Rp)
35
Current Assets 8,050,233 8,088,915 9,175,973 8,204,025 9,816,685
- - - - - - 30
Fixed Asset 20,592,726 20,237,853 20,860,644 20,463,758 20,863,354
25
- - - - - -
Total Assets 29,901,711 29,596,405 32,028,057 30,995,384 32,648,251 20
Trade Payable 863,585 825,615 1,325,954 1,358,355 1,595,205
15
Curr. Maturities - Bank Loans 489,903 497,794 531,059 - -
- - - - - - 10
- - - - - -
Long-term Bank Loans 982,104 491,725 - - - -

- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 1,832,845 1,848,123 1,983,718 1,902,279 1,924,105
28,498
Par Value 25 25 25 25 25 27,393
27,077
Total Equity 24,649,538 24,648,784 27,393,158 27,076,909 28,497,573
Revenues 7,848,545 8,526,217 11,297,680 10,905,157 10,786,714 24,650 24,649
Gross Profit 458,504 88,794 1,512,383 1,623,951 1,754,366

Operating Profit/Loss 295,511 -64,827 1,344,015 1,432,486 1,650,200
Finance Costs -122,711 - -98,726 -54,553 -51,921
EBT 69,397 -311,875 1,201,416 1,243,002 1,476,018
Tax -43,788 104,983 -321,451 -442,559 -307,856
2016 2017 2018 2019 2020
Profit/Loss for the period 25,609 -206,892 879,966 800,443 1,168,162
Profit/Loss Period Attributable 25,609 -206,892 879,966 800,443 1,168,162
Comprehensive Income 8,492 -206,228 935,923 808,336 1,109,852 Total Revenue (Bill. Rp)
Comprehensive Attributable 8,492 -206,228 935,923 808,336 1,109,852 11,298
10,905 10,787
Net Cash - Operating 180,311 2,066,896 2,971,789 1,924,326 4,123,978 8,526
Net Cash - Investing 267,591 -1,010,870 -1,218,387 -2,316,320 -2,127,556 7,849
Net Cash - Financing -575,383 -565,331 -587,919 -340,132 -23,640

Net Increase/Decrease in C&CE -127,481 490,695 1,165,483 -732,126 1,972,782
C&CE, end of period 2,493,184 3,003,578 4,379,367 3,472,793 5,482,360
Current Ratio (%) 4.54 4.62 3.60 4.31 4.33
DAR (x) 0.18 0.17 0.14 0.13 0.13
DER (x) 0.21 0.20 0.17 0.14 0.15
EPS (IDR) n.a. n.a. 88.78 5.84 195.39 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 36.72 623.56 26.10

PBV (x) 0.58 1.17 1.18 1.34 1.78
ROA (%) 0.09 -0.70 2.75 2.58 3.58
1,168
ROE (%) 0.10 -0.84 3.21 2.96 4.10
GPM (%) 5.84 1.04 13.39 14.89 16.26 880
OPM (%) 3.77 -0.76 11.90 13.14 15.30 800
NPM (%) 0.33 -2.43 7.79 7.34 10.83

DPS (IDR) 0.00 0.00 0.00 0.00 0.00
DPR (%) n.a. n.a. 0.00 0.00 0.00
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 26
-207
2016 2017 2018 2019 2020

INDF
Indofood Sukses Makmur Tbk

INDF Indofood Sukses Makmur Tbk

Date: 29 Jan 2021 v2.0.0

PT Indofood Sukses Makmur Tbk has a main business field of Food and Established Listing Date IPO Price (IDR) IPO Lead Underwriter
beverages. The company's President Director and President Commisioner are PT Merincorp SI
Anthoni Salim and Manuel V. Pangilinan. The largest shareholder of the 14 Aug 1990 14 Jul 1994 6,200
company is FIRST PACIFIC INVESTMENT MANAGEMENT LTD (50.07%). The
percentage of public shareholding (<5%) is 49.93%. PT Indofood Sukses Stock Overview
Makmur Tbk has 20 subsidiaries. One of the biggest subsidiaries is PT Indofood
CBP Sukses Makmur Tbk. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=INDF

Domestic 22,818.9 2,325.9
54% 62% Institution 45.83% 34.82%
Foreign 19,395.5 1,414.6 D Consumer Non-Cyclicals D22 Processed Foods
46% Individual 0.48% 0.46%
38%
Others 20.93% 27.36% D2 Food & Beverage D222 Processed Foods
Year 2020 YTD 2021
Total 42,214.5 3,740.5
Fundamental & ESG
YTD 2021
8.23x 0.71x 44.42 Severe
D 754.7 467.5 1,222.2
-1,482.2 -118.4
Buy

D 6,371.9 5,778.7 12,150.6 "Foreign Buy-Domestic Sell" minus "Foreign Sell- INDF Sector PER Market PER
Domestic Buy".
17.40x 22.07x

2020 F - Rp278.00 24-Jul-20 27-Jul-20 14-Aug-20 2000 SS 29-Sep-00 4,025 5:1 810 0.200
2019 F - Rp171.00 17-Jun-19 18-Jun-19 08-Jul-19 1997 RI 08-Apr-97 5,050 5:1 4,775 0.942
2018 I - Rp65.00 06-Nov-18 08-Nov-18 29-Nov-18 1996 SS 12-Aug-96 10,000 2:1 5,000 0.500
2018 F - Rp237.00 20-Jun-18 22-Jun-18 05-Jul-18 - - - - - - -
2017 F - Rp235.00 12-Jun-17 14-Jun-17 06-Jul-17 - - - - - - -
Industry Peers

1. INDF Indofood Sukses Makmur Tbk 53,121.58 163,136,516 83,998,472 79,138,044 81,731,469 8,752,066
2. ICBP Indofood CBP Sukses Makmur Tbk 106,123.36 103,588,325 53,270,272 50,318,053 46,641,048 7,418,574
3. MYOR Mayora Indah Tbk 62,380.77 19,777,501 8,506,032 11,271,468 24,476,954 2,098,169
4. STTP Siantar Top Tbk 12,183.00 3,448,995 775,697 2,673,298 3,846,300 628,629
5. GOOD Garudafood Putra Putri Jaya Tbk 9,003.09 6,570,970 3,676,533 2,894,437 7,711,335 245,104
1. INDF Indofood Sukses Makmur Tbk 8.23 0.71 5.36 11.06 0.51 1.06
2. ICBP Indofood CBP Sukses Makmur Tbk 16.11 2.23 7.16 14.74 0.51 1.06
3. MYOR Mayora Indah Tbk 30.27 5.77 10.61 18.61 0.43 0.75
4. STTP Siantar Top Tbk 19.38 4.83 18.23 23.52 0.22 0.29
5. GOOD Garudafood Putra Putri Jaya Tbk 34.71 3.39 3.73 8.47 0.56 1.27


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 INDF*
-21.17%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 7,850 7,200 6,800 6,750 6,750 6,725 7,850 7,900 7,250 7,350 7,150 6,850
Lowest 6,500 5,050 6,050 5,600 6,025 6,400 6,475 7,000 7,000 6,950 6,800 6,050
Close 6,500 6,350 6,525 5,750 6,525 6,450 7,625 7,150 7,000 7,100 6,850 6,050
Adj. Close* 6,500 6,350 6,525 5,750 6,525 6,450 7,625 7,150 7,000 7,100 6,850 6,050
Growth (%) -2.31% 2.76% -11.88% 13.48% -1.15% 18.22% -6.23% -2.10% 1.43% -3.52% -11.68%
Volume (mill.) 185 296 237 276 319 263 282 228 143 289 309 279
Value (bill.) 1,346 1,868 1,527 1,667 2,006 1,731 2,006 1,704 1,016 2,073 2,157 1,870
Frequency (th.) 71 127 108 113 133 113 104 108 72 115 131 115
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Processed Foods
Lowest 5,300 7,300 5,525 6,000 5,050
Close 6,200 7,625 7,450 7,925 6,850 1. INDF -6.2% -11.7% -22.7% -21.9% -2.4%
Adj. Close* 6,200 7,625 7,450 7,925 6,850 2. ICBP -1.1% -5.0% -20.0% 4.3% -37.0%
Growth (%) 22.98% -2.30% 6.38% -13.56% 3. MYOR 18.7% 3.0% 45.3% 24.6% -89.7%
4. STTP 17.0% -2.1% 133.1% 111.8% 203.9%
Shares Traded 2016 2017 2018 2019 2020 5. GOOD -9.0% -3.9% -9.3% n.a. n.a.
Volume 3,083 2,387 6,506 2,363 3,075
Value 23,324 19,707 45,697 17,050 21,107 Note:
Index Membership

3. CONSUMER 13. JII70 23.
5. IDX30 15. LQ45 25.
7. IDXG30 17. MBX 27.
8. IDXHIDIV20 18. MNC36 28.
9. IDXNONCYC 19. SRI-KEHATI 29.
10. Investor33 20. 30.


Date: 29 Jan 2021 v2.0.0

180
Current Assets 28,985,443 32,515,399 33,272,618 31,403,445 38,418,238
Investment Properties 42,188 42,188 42,188 42,188 42,188 160
Fixed Asset 25,701,913 29,787,303 42,388,236 43,072,504 45,862,919 140

- - - - - - 120
Total Assets 82,174,515 87,939,488 96,537,796 96,198,559 163,136,516
100
Trade Payable 3,537,873 4,075,987 4,028,945 4,521,883 4,407,555
80
Curr. Maturities - Bank Loans 1,608,077 2,124,644 2,501,023 1,016,614 912,918
Curr. Maturities - Bonds Payable 1,999,082 - 1,998,799 - - 60
- - - - - - 40

- - - - - -
Common Stocks 878,043 878,043 878,043 878,043 878,043
Par Value 100 100 100 100 100

Total Equity 43,941,423 46,756,724 49,916,800 54,202,488 79,138,044 54,202
49,917
46,757
43,941
Revenues 66,750,317 70,186,618 73,394,728 76,592,955 81,731,469
Gross Profit 19,428,440 19,868,522 20,212,005 22,716,361 26,752,044
Finance Costs -1,574,152 -1,486,027 -2,022,215 -1,727,018 -1,875,812
EBT 7,385,228 7,658,554 7,446,966 8,749,397 12,426,334
Tax -2,532,747 -2,513,491 -2,485,115 -2,846,668 -3,674,268
2016 2017 2018 2019 2020
81,731
76,593
70,187
Net Cash - Investing -848,823 -6,057,774 -11,223,682 -583,826 -37,636,597

Net Cash - Financing -5,807,917 -155,600 48,125 -7,660,235 27,285,509
Net Increase/Decrease in C&CE 518,863 294,429 -5,239,728 5,100,433 3,504,409
C&CE, end of period 13,362,236 13,689,998 8,786,237 13,726,510 17,329,459
Current Ratio (%) 1.51 1.50 1.07 1.27 1.37
DAR (x) 0.47 0.47 0.48 0.44 0.51
DER (x) 0.87 0.88 0.93 0.77 1.06
EPS (IDR) n.a. n.a. 422.62 555.45 584.23 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 17.63 14.27 11.72

PBV (x) 1.24 1.43 1.31 1.28 0.76
ROA (%) 6.41 5.85 5.14 6.14 5.36
8,752
ROE (%) 11.99 11.00 9.94 10.89 11.06
GPM (%) 29.11 28.31 27.54 29.66 32.73
OPM (%) 12.39 12.20 10.80 12.44 15.49
5,903
NPM (%) 7.89 7.33 6.76 7.71 10.71 5,267 5,145 4,962
DPS (IDR) 168.00 235.00 302.00 171.00 278.00
DPR (%) n.a. n.a. 71.46 30.79 47.58
Dividend Yield (%) 2.71 3.08 4.05 2.16 4.06
2016 2017 2018 2019 2020

INKP
Indah Kiat Pulp & Paper Tbk

INKP Indah Kiat Pulp & Paper Tbk

Date: 29 Jan 2021 v2.0.0

PT Indah Kiat Pulp & Paper Tbk has a main business field of Pulp and paper. Established Listing Date IPO Price (IDR) IPO Lead Underwriter
The company's President Director and President Commisioner are Hendra Jaya PT Ficorinvest
Kosasih and Saleh Husin , SE, MSi. The largest shareholder of the company is 07 Dec 1976 16 Jul 1990 10,600
PT Purinusa Ekapersada (53.25%). The percentage of public shareholding (<5%)
is 46.75%. PT Indah Kiat Pulp & Paper Tbk has 12 subsidiaries. One of the Stock Overview
biggest subsidiaries is Imperial Investment Limited.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=INKP

Domestic 30,525.6 4,547.2
66%
Foreign 8,036.1 2,310.7 B Basic Materials B15 Forestry & Paper
34%
21% Institution 66.85% 78.98% Sub-Sector Sub-Industry
Others 31.91% 20.46% B1 Basic Materials B152 Paper
Year 2020 YTD 2021
Total 38,561.7 6,857.9
Fundamental & ESG
YTD 2021
17.02x 1.11x 29.88 Medium
D 1,519.9 574.6 2,094.5
786.5 358.2
F 932.8 401.7 1,334.4 *Total trading value by Foreign is the sum of
Buy

D 12,288.5 2,581.1 14,869.5 "Foreign Buy-Domestic Sell" minus "Foreign Sell- INKP Sector PER Market PER
Domestic Buy".
17.47x 22.07x

2020 F - Rp50.00 03-Sep-20 04-Sep-20 25-Sep-20 1997 RI 27-Jun-97 1,775 50:45 1,410 0.793
2019 F - Rp100.00 08-Jul-19 09-Jul-19 31-Jul-19 1996 - 26-Aug-96 2,225 0.08:0.13 1,840 0.826
2018 F - Rp100.00 05-Jul-18 09-Jul-18 27-Jul-18 1996 RI 01-Apr-96 1,825 20:5 1,710 0.937
2017 F - Rp30.00 20-Jun-17 22-Jun-17 14-Jul-17 - - - - - - -
2016 F - Rp25.00 13-Jul-16 15-Jul-16 29-Jul-16 - - - - - - -
Industry Peers

1. INKP Indah Kiat Pulp & Paper Tbk 70,575.68 119,839,987 59,898,829 59,941,158 42,117,995 4,147,448
2. TKIM Pabrik Kertas Tjiwi Kimia Tbk 41,094.55 43,346,978 22,013,490 21,333,488 12,221,320 2,092,251
3. INRU Toba Pulp Lestari Tbk 1,388.88 6,553,705 4,383,354 2,170,350 1,777,554 52,880
4. KBRI Kertas Basuki Rachmat Indonesia 434.40 n.a. n.a. n.a. n.a. n.a.
5. SWAT Sriwahana Adityakarta Tbk 295.88 640,936 284,403 356,532 195,245 2,146
1. INKP Indah Kiat Pulp & Paper Tbk 17.02 1.11 3.46 6.92 0.50 1.00
2. TKIM Pabrik Kertas Tjiwi Kimia Tbk 19.64 1.78 4.83 9.81 0.51 1.03
3. INRU Toba Pulp Lestari Tbk 26.26 0.66 0.81 2.44 0.67 2.02
4. KBRI Kertas Basuki Rachmat Indonesia NA 3.20 n.a. n.a. n.a. n.a.
5. SWAT Sriwahana Adityakarta Tbk 138.01 0.85 0.33 0.60 0.44 0.80


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 INKP*
97.70%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 6,800 6,350 5,600 5,300 6,000 8,175 9,875 9,425 9,475 9,700 11,075 14,025
Lowest 5,625 3,100 4,000 4,890 5,200 6,300 7,425 8,175 8,575 8,675 9,325 10,800
Close 5,625 4,010 5,550 5,250 5,975 7,800 9,300 8,975 9,125 8,675 10,425 12,900
Adj. Close* 5,625 4,010 5,550 5,250 5,975 7,800 9,300 8,975 9,125 8,675 10,425 12,900
Growth (%) -28.71% 38.40% -5.41% 13.81% 30.54% 19.23% -3.49% 1.67% -4.93% 20.17% 23.74%
Volume (mill.) 121 260 189 69 183 396 223 279 115 236 297 272
Value (bill.) 779 1,233 1,001 361 1,050 2,928 2,085 2,459 1,037 2,167 3,058 3,429
Frequency (th.) 70 90 74 35 69 133 105 115 60 124 143 149
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Paper

Lowest 930 955 5,500 5,500 3,100
Close 935 5,400 11,550 7,700 10,425 1. INKP 65.4% 23.7% 91.1% 37.6% 1279.7%
Adj. Close* 935 5,400 11,550 7,700 10,425 2. TKIM 95.6% 34.0% 45.1% 179.7% 2582.9%
Growth (%) 477.54% 113.89% -33.33% 35.39% 3. INRU 30.7% -6.5% 25.8% 150.0% 100.0%
4. KBRI 0.0% 0.0% 0.0% 0.0% 0.0%
Shares Traded 2016 2017 2018 2019 2020 5. SWAT 3.2% -12.5% 14.0% n.a. n.a.
Volume 837 2,191 3,204 2,605 2,512
Value 811 6,688 45,563 21,602 19,281 Note:
Index Membership

1. BASIC-IND 11. IDXV30 21.
4. I-GRADE 14. JII70 24.
5. IDX30 15. KOMPAS100 25.
6. IDX80 16. LQ45 26.
7. IDXBASIC 17. MANUFACTUR 27.
8. IDXG30 18. MBX 28.


Date: 29 Jan 2021 v2.0.0

140
Current Assets 29,384,250 42,613,188 60,939,909 58,775,065 61,238,169
- - - - - - 120
Fixed Asset 54,328,802 51,965,481 57,202,484 50,960,803 49,385,851
100
- - - - - -
Total Assets 92,423,557 103,428,629 127,257,231 118,561,087 119,839,987 80
Trade Payable 1,497,832 1,862,593 1,893,499 2,472,602 2,761,026
60
Curr. Maturities - Bonds Payable - - - - 1,925,742 40
- - - - - -

Long-term Bonds Payable - - - - 4,821,145 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 29,411,619 29,656,789 31,832,671 30,525,828 30,876,071
Par Value 1,000 1,000 1,000 1,000 1,000 54,846 55,859

Total Equity 37,881,270 43,592,682 54,845,618 55,859,166 59,941,158 43,593
37,881
Revenues 36,552,275 42,377,169 48,503,983 44,946,869 42,117,995
Gross Profit 7,809,890 12,241,011 17,504,642 12,220,045 12,168,482
Finance Costs -1,665,312 -1,748,518 -2,688,031 -2,804,744 -2,936,661
EBT 1,952,385 6,192,615 10,699,349 5,548,674 5,408,379
Tax 771,831 -593,470 -2,145,658 -1,722,305 -1,260,931
2016 2017 2018 2019 2020
42,377 42,118
Net Cash - Investing 1,143,363 -4,972,563 -10,916,418 763,196 -2,266,631 36,552
Net Cash - Financing -2,826,410 1,490,497 5,059,322 -7,830,341 -3,806,446
Net Increase/Decrease in C&CE 520,403 5,537,460 2,061,416 249,880 1,598,407
C&CE, end of period 2,834,123 8,401,155 10,997,475 10,790,153 12,282,507
Current Ratio (%) 1.60 2.09 2.41 2.30 2.26
DAR (x) 0.59 0.58 0.57 0.53 0.50
DER (x) 1.44 1.37 1.32 1.12 1.00
EPS (IDR) n.a. n.a. 1,722.91 771.48 866.44 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 6.70 9.98 12.03

PBV (x) 0.14 0.68 1.15 0.75 0.95
ROA (%) 2.95 5.41 6.72 3.23 3.46 8,554
ROE (%) 7.19 12.84 15.60 6.85 6.92

GPM (%) 21.37 28.89 36.09 27.19 28.89
OPM (%) 10.55 19.27 26.80 17.39 17.79 5,599
NPM (%) 7.45 13.21 17.64 8.51 9.85
DPS (IDR) 25.00 30.00 100.00 100.00 50.00 4,147
3,826
DPR (%) n.a. n.a. 5.80 12.96 5.77
2,724
Dividend Yield (%) 2.67 0.56 0.87 1.30 0.48
2016 2017 2018 2019 2020

INTP
Indocement Tunggal Prakarsa Tbk

INTP Indocement Tunggal Prakarsa Tbk

Date: 29 Jan 2021 v2.0.0

PT Indocement Tunggal Prakarsa Tbk has a main business field of Cement Established Listing Date IPO Price (IDR) IPO Lead Underwriter
production. The company's President Director and President Commisioner are PT (Persero)
Christian Kartawijaya and Kevin Gerard Gluskie. The largest shareholder of the 16 Jan 1985 05 Dec 1989 10,000 Danareksa
company is Birchwood Omnia Ltd. (51.00%). The percentage of public
shareholding (<5%) is 44.76%. PT Indocement Tunggal Prakarsa Tbk has 24 Stock Overview
subsidiaries. One of the biggest subsidiaries is PT Dian Abadi Perkasa.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=INTP

Domestic 14,958.1 1,987.9
51% 57% Institution 55.59% 47.62%
Foreign 14,624.8 1,506.4 B Basic Materials B12 Construction Materials
49% 43% Individual 0.40% 0.27%
Others 14.59% 21.60% B1 Basic Materials B121 Construction Materials
Year 2020 YTD 2021
Total 29,583.0 3,494.3
Fundamental & ESG
YTD 2021
27.26x 2.20x 27.22 Medium
D 559.7 295.0 854.6
-1,538.3 278.6
Buy

D 3,790.7 4,457.5 8,248.2 "Foreign Buy-Domestic Sell" minus "Foreign Sell- INTP Sector PER Market PER
Domestic Buy".
17.47x 22.07x

2020 I - Rp225.00 08-Dec-20 10-Dec-20 18-Dec-20 1996 SS 02-Sep-96 6,800 2:1 3,400 0.500
2020 F - Rp500.00 07-Aug-20 10-Aug-20 28-Aug-20 - - - - - - -
2019 F - Rp550.00 31-May-19 10-Jun-19 21-Jun-19 - - - - - - -
2018 F - Rp700.00 31-May-18 05-Jun-18 22-Jun-18 - - - - - - -
2017 F - Rp929.00 31-May-17 05-Jun-17 22-Jun-17 - - - - - - -
Industry Peers

1. INTP Indocement Tunggal Prakarsa Tbk 49,236.47 27,344,672 5,168,424 22,176,248 14,184,322 1,806,337
2. SMGR Semen Indonesia (Persero) Tbk 62,874.11 78,006,244 42,352,909 35,653,335 35,171,668 2,674,343
3. SMCB Solusi Bangun Indonesia Tbk 13,448.39 20,738,125 13,171,946 7,566,179 10,108,220 650,988
4. SMBR Semen Baturaja (Persero) Tbk 7,995.69 5,737,176 2,329,287 3,407,889 1,721,907 10,982
5. WSBP Waskita Beton Precast Tbk 6,590.29 10,557,551 9,400,121 1,157,429 2,211,413 -4,759,959
1. INTP Indocement Tunggal Prakarsa Tbk 27.26 2.20 6.61 8.15 0.19 0.23
2. SMGR Semen Indonesia (Persero) Tbk 22.52 1.78 3.43 7.50 0.54 1.19
3. SMCB Solusi Bangun Indonesia Tbk 20.66 1.82 3.14 8.60 0.64 1.74
4. SMBR Semen Baturaja (Persero) Tbk 727.90 2.39 0.19 0.32 0.41 0.68
5. WSBP Waskita Beton Precast Tbk -1.38 1.14 -45.09 -411.25 0.89 8.12


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 INTP*
-20.74%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 17,875 15,525 12,950 12,200 13,500 12,400 12,400 12,300 12,450 15,475 15,025 15,650
Lowest 14,925 9,275 10,500 10,600 11,650 11,500 11,775 10,400 10,550 12,000 14,025 13,300
Close 14,925 12,500 11,650 12,100 11,800 12,375 11,875 10,400 12,225 14,300 14,475 13,375
Adj. Close* 14,925 12,500 11,650 12,100 11,800 12,375 11,875 10,400 12,225 14,300 14,475 13,375
Growth (%) -16.25% -6.80% 3.86% -2.48% 4.87% -4.04% -12.42% 17.55% 16.97% 1.22% -7.60%
Volume (mill.) 56 186 74 132 84 129 100 78 59 88 94 119
Value (bill.) 928 2,619 844 1,488 1,056 1,551 1,210 881 689 1,240 1,366 1,747
Frequency (th.) 52 81 64 55 71 63 56 63 47 86 93 84
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Construction Materials
Lowest 18,225 14,625 12,875 17,150 9,275
Close 19,700 21,950 18,450 19,025 14,475 1. INTP 8.1% -7.6% -18.8% -38.6% -32.1%
Adj. Close* 19,700 21,950 18,450 19,025 14,475 2. SMGR 14.9% -14.7% -11.3% -4.9% -4.1%
Growth (%) 11.42% -15.95% 3.12% -23.92% 3. SMCB 71.2% 21.9% 75.5% 95.0% 93.9%
4. SMBR 63.6% -24.4% 156.4% -78.2% 163.9%
Shares Traded 2016 2017 2018 2019 2020 5. WSBP 25.6% -8.8% -3.8% -47.3% n.a.
Volume 1,111 543 596 585 1,131
Value 19,124 9,862 10,403 11,827 14,791 Note:
Index Membership
No. Index Code No. Index Code No. Index Code

1. BASIC-IND 11. Investor33 21. SRI-KEHATI
2. COMPOSITE 12. ISSI 22.
3. IDX30 13. JII 23.
4. IDX80 14. JII70 24.
5. IDXBASIC 15. KOMPAS100 25.
6. IDXESGL 16. LQ45 26.
7. IDXHIDIV20 17. MANUFACTUR 27.
8. IDXQ30 18. MBX 28.


Date: 29 Jan 2021 v2.0.0

35
Current Assets 14,424,622 12,883,074 12,315,796 12,829,494 12,299,306
Fixed Asset 14,643,695 14,979,453 14,637,185 14,080,158 14,397,092
25
- - - - - -
Total Assets 30,150,580 28,863,676 27,788,562 27,707,749 27,344,672 20
Trade Payable 1,518,841 1,548,844 1,759,956 1,748,776 1,580,229
15
- - - - - -
- - - - - - 10
- - - - - -
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 1,840,616 1,840,616 1,840,616 1,840,616 1,840,616
Par Value 500 500 500 500 500

24,557
Total Equity 26,138,703 24,556,507 23,221,589 23,080,261 22,176,248
Income Statements Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 23,222 23,080
Revenues 15,361,894 14,431,211 15,190,283 15,939,348 14,184,322
22,176
Gross Profit 6,331,461 5,007,721 4,369,029 5,500,317 5,113,552
Finance Costs -11,823 -14,093 -18,661 -7,738 -51,101
EBT 4,145,632 2,287,274 1,400,228 2,274,427 2,148,328
Tax -275,313 -427,456 -254,291 -439,122 -341,991
2016 2017 2018 2019 2020

15,362
Net Cash - Investing -973,959 -760,688 -505,092 -1,045,966 -661,734 15,190
Net Increase/Decrease in C&CE 1,024,942 -1,403,432 -1,099,173 458,449 13,579
14,431
C&CE, end of period 9,674,030 8,294,891 7,225,876 7,651,750 7,697,631 14,184
Current Ratio (%) 4.53 3.70 3.14 3.31 2.92
DAR (x) 0.13 0.15 0.16 0.17 0.19
DER (x) 0.15 0.18 0.20 0.20 0.23
EPS (IDR) n.a. n.a. 290.94 462.90 482.52 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 63.41 41.10 30.00

PBV (x) 2.77 3.29 2.92 3.03 2.40
ROA (%) 12.84 6.44 4.12 6.62 6.61
ROE (%) 14.81 7.57 4.93 7.95 8.15 3,870
GPM (%) 41.22 34.70 28.76 34.51 36.05

OPM (%) 23.55 13.36 6.89 12.53 13.82
NPM (%) 25.19 12.89 7.54 11.51 12.73
DPS (IDR) 415.00 929.00 700.00 550.00 725.00 1,860 1,835 1,806
DPR (%) n.a. n.a. 240.60 118.82 150.25
Dividend Yield (%) 2.11 4.23 3.79 2.89 5.01 1,146
2016 2017 2018 2019 2020

ITMG
Indo Tambangraya Megah Tbk

ITMG Indo Tambangraya Megah Tbk

Date: 29 Jan 2021 v2.0.0

PT Indo Tambangraya Megah Tbk has a main business field of Coal mining. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Mulianto and Prof. PT UBS Securities
Djisman Simandjuntak. The largest shareholder of the company is Banpu 02 Sep 1987 18 Dec 2007 14,000 Indonesia
Minerals (Singapore) Private Limited (65.14%). The percentage of public
shareholding (<5%) is 34.65%. PT Indo Tambangraya Megah Tbk has 16 Stock Overview
subsidiaries. One of the biggest subsidiaries is PT Trubaindo Coal Mining (TCM).
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=ITMG

Domestic 14,625.0 2,304.0
Foreign 3,041.5 603.8 A Energy A12 Coal
Year 2020 YTD 2021
Total 17,666.5 2,907.8
Fundamental & ESG
YTD 2021
24.86x 1.07x 36.58 High
D 918.6 179.9 1,098.5
-430.0 107.1
Buy

D 6,145.4 1,382.1 7,527.5 "Foreign Buy-Domestic Sell" minus "Foreign Sell- ITMG Sector PER Market PER
Domestic Buy".
11.38x 22.07x

2020 I - Rp307.00 08-Nov-20 11-Nov-20 24-Nov-20 - - - - - - -
2020 F - Rp570.00 08-Jun-20 09-Jun-20 23-Jun-20 - - - - - - -
2019 I - Rp705.00 01-Nov-19 04-Nov-19 15-Nov-19 - - - - - - -
2019 F - Rp2045.00 04-Apr-19 05-Apr-19 23-Apr-19 - - - - - - -
2018 I - Rp1420.00 31-Oct-18 02-Nov-18 16-Nov-18 - - - - - - -
Industry Peers

4. HRUM Harum Energy Tbk 13,139.59 7,034,195 619,288 6,414,906 2,226,038 850,423
5. DSSA Dian Swastatika Sentosa Tbk 9,208.10 40,907,753 18,496,173 22,411,580 21,260,779 -816,645
4. HRUM Harum Energy Tbk 15.79 2.09 12.09 13.26 0.09 0.10
5. DSSA Dian Swastatika Sentosa Tbk -7.79 0.36 -2.00 -3.64 0.45 0.83


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 ITMG*
21.89%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 11,300 11,050 8,625 8,200 8,925 8,050 8,600 8,700 8,450 13,100 15,400 14,700
Lowest 10,050 6,025 6,900 7,000 7,100 7,250 7,650 7,800 8,050 8,250 13,800 11,850
Close 11,300 8,100 7,200 8,100 7,100 7,900 8,275 8,150 8,125 13,100 13,850 12,250
Adj. Close* 11,300 8,100 7,200 8,100 7,100 7,900 8,275 8,150 8,125 13,100 13,850 12,250
Growth (%) -28.32% -11.11% 12.50% -12.35% 11.27% 4.75% -1.51% -0.31% 61.23% 5.73% -11.55%
Volume (mill.) 41 59 30 32 105 96 83 55 43 140 164 109
Value (bill.) 436 500 231 254 829 742 684 457 351 1,474 2,413 1,454
Frequency (th.) 53 66 39 36 78 64 58 45 35 120 161 117
Days 20 21 21 16 21 22 18 22 19 21 19 20
Lowest 4,730 14,325 19,625 10,100 6,025
Close 4,810 20,700 20,250 11,475 13,850 1. ITMG 55.1% -11.6% 21.9% -59.6% 154.7%
Adj. Close* 4,810 20,700 20,250 11,475 13,850 2. PTBA 27.1% -8.2% 16.7% -24.1% 189.9%
Growth (%) 330.35% -2.17% -43.33% 20.70% 3. GEMS 0.0% 0.0% 0.0% 0.0% 54.5%
4. HRUM 311.9% 63.1% 264.0% 47.3% 683.9%
Shares Traded 2016 2017 2018 2019 2020 5. DSSA -42.8% -25.3% -22.3% -14.0% -1.2%
Volume 531 424 475 424 887
Value 5,406 7,946 12,047 7,315 8,833 Note:
Index Membership

2. IDX80 12. LQ45 22.
4. IDXHIDIV20 14. MINING 24.
7. IDXV30 17. 27.
8. Investor33 18. 28.
9. ISSI 19. 29.
10. JII70 20. 30.


Date: 29 Jan 2021 v2.0.0

Inventories 832,911 1,472,383 1,568,616 1,430,367 849,445 Asset Liabilities
25
Current Assets 7,242,058 10,797,702 11,145,716 6,589,013 5,923,155
- - - - - -
Fixed Asset 3,006,923 3,014,931 3,305,309 3,107,016 2,762,450 20
- - - - - -
Total Assets 16,254,765 18,407,166 20,980,151 16,860,077 16,342,462 15
Trade Payable 1,262,473 2,072,207 2,824,464 1,084,070 879,334

Curr. Maturities - Bank Loans - - - - 108,975 10
- - - - - -
- - - - - - 5
Long-term Bank Loans - - - - 503,859 -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 858,453 865,609 929,117 890,974 901,197
14,103
Par Value 500 500 500 500 500
Total Equity 12,192,229 12,980,867 14,102,584 12,333,864 11,936,920 12,981
12,192
Revenues 18,373,703 22,889,685 29,194,955 23,923,930 16,719,164 11,937
Gross Profit 4,443,272 6,847,810 8,491,932 4,555,664 2,809,011
Finance Costs -12,254 -10,744 -18,759 -20,890 -48,987
EBT 2,579,591 4,905,121 5,342,193 2,592,487 1,023,360
Tax -823,385 -1,481,501 -1,579,363 -828,417 -489,796
2016 2017 2018 2019 2020

23,924
Net Cash - Investing -329,182 -1,000,181 -1,579,712 -1,337,660 -632,426 22,890
Net Cash - Financing -816,694 -2,696,729 -3,626,382 -2,836,692 -778,286 18,374

16,719
Net Increase/Decrease in C&CE 805,354 624,590 -45,211 -2,926,888 1,025,828
C&CE, end of period 4,408,150 5,070,068 5,354,597 2,220,170 3,264,729
Current Ratio (%) 2.26 2.43 1.97 2.03 2.03
DAR (x) 0.25 0.29 0.33 0.27 0.27
DER (x) 0.33 0.42 0.49 0.37 0.37
EPS (IDR) n.a. n.a. 3,607.36 2,006.36 855.52 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 5.61 5.72 16.19

PBV (x) 0.45 1.80 1.62 1.05 1.31
ROA (%) 10.80 18.60 17.94 10.46 3.26 3,763
ROE (%) 14.40 26.37 26.68 14.30 4.47 3,424
GPM (%) 24.18 29.92 29.09 19.04 16.80

OPM (%) 15.25 22.97 21.52 10.52 8.77
NPM (%) 9.56 14.96 12.89 7.37 3.19
DPS (IDR) 494.88 2,442.86 3,260.00 2,750.00 877.00 1,756 1,764
DPR (%) n.a. n.a. 90.37 137.06 102.51
Dividend Yield (%) 10.29 11.80 16.10 23.97 6.33
534
2016 2017 2018 2019 2020

JPFA
Japfa Comfeed Indonesia Tbk

JPFA Japfa Comfeed Indonesia Tbk

Date: 29 Jan 2021 v2.0.0

PT Japfa Comfeed Indonesia Tbk has a main business field of Animal feed. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Handojo Santosa PT Aseam Indonesia
and Haji Syamsir Siregar. The largest shareholder of the company is Japfa Ltd 18 Jan 1971 23 Oct 1989 7,200
(55.43%). The percentage of public shareholding (<5%) is 43.66%.
Stock Overview
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=JPFA

Domestic 14,096.6 2,605.2
Foreign 2,483.3 272.8 D Consumer Non-Cyclicals D23 Agricultural Products
Others 15.54% 13.50% D2 Food & Beverage D231 Fish, Meat, & Poultry
Year 2020 YTD 2021
Total 16,580.0 2,878.0
Fundamental & ESG
YTD 2021
17.40x 1.40x 41.52 Severe
D 1,178.7 124.7 1,303.4
-114.0 -1.7
Buy

D 6,039.9 1,065.4 7,105.3 "Foreign Buy-Domestic Sell" minus "Foreign Sell- JPFA Sector PER Market PER
Domestic Buy".
17.40x 22.07x

2020 F - Rp20.00 29-Jun-20 30-Jun-20 15-Jul-20 2013 SS 19-Apr-13 9,400 5:1 1,880 0.200
2019 F - Rp50.00 12-Apr-19 15-Apr-19 30-Apr-19 - - - - - - -
2018 I - Rp50.00 06-Sep-18 10-Sep-18 24-Sep-18 - - - - - - -
2018 F - Rp50.00 13-Apr-18 17-Apr-18 23-Apr-18 - - - - - - -
2017 F - Rp50.00 19-Apr-17 18-Apr-17 05-May-17 - - - - - - -
Industry Peers

1. JPFA Japfa Comfeed Indonesia Tbk 15,948.14 25,951,760 14,539,790 11,411,970 36,964,948 1,002,376
2. CPIN Charoen Pokphand Indonesia Tbk 94,288.50 31,159,291 7,809,608 23,349,683 42,518,782 3,845,833
3. CPRO Central Proteina Prima Tbk 2,978.62 6,326,293 5,618,709 707,584 7,573,506 381,422
4. SIPD Sreeya Sewu Indonesia Tbk 1,740.83 2,592,850 1,662,175 930,675 4,341,295 28,266
5. MAIN Malindo Feedmill Tbk 1,466.38 4,674,207 2,690,291 1,983,916 7,000,570 -38,953
1. JPFA Japfa Comfeed Indonesia Tbk 17.40 1.40 3.86 8.78 0.56 1.27
2. CPIN Charoen Pokphand Indonesia Tbk 24.54 4.28 12.34 16.47 0.25 0.33
3. CPRO Central Proteina Prima Tbk -25.38 11.51 6.03 53.90 0.89 7.94
4. SIPD Sreeya Sewu Indonesia Tbk 61.59 1.84 1.09 3.04 0.64 1.79
5. MAIN Malindo Feedmill Tbk -37.76 0.75 -0.83 -1.96 0.58 1.36


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 JPFA*
-7.17%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 1,590 1,520 1,010 940 1,285 1,225 1,220 1,195 1,170 1,385 1,685 1,630
Lowest 1,400 780 865 890 980 1,060 1,000 1,065 1,070 1,055 1,380 1,360
Close 1,400 950 975 900 1,185 1,060 1,220 1,105 1,070 1,335 1,465 1,360
Adj. Close* 1,400 950 975 900 1,185 1,060 1,220 1,105 1,070 1,335 1,465 1,360
Growth (%) -32.14% 2.63% -7.69% 31.67% -10.55% 15.09% -9.43% -3.17% 24.77% 9.74% -7.17%
Volume (mill.) 198 277 756 555 1,282 817 738 436 267 667 462 936
Value (bill.) 293 302 712 506 1,492 948 836 499 303 820 704 1,439
Frequency (th.) 46 59 109 67 145 119 90 56 39 87 87 177
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Fish, Meat, & Poultry
Lowest 575 1,075 1,335 1,300 780
Close 735 1,300 2,150 1,535 1,465 1. JPFA 28.3% -7.2% -9.3% -6.8% 85.0%
Adj. Close* 735 1,300 2,150 1,535 1,465 2. CPIN -7.6% -11.9% -13.5% 66.7% 71.9%
Growth (%) 76.87% 65.38% -28.60% -4.56% 3. CPRO 0.0% 0.0% 0.0% 0.0% 0.0%
4. SIPD 25.0% -13.3% 31.3% 28.7% 52.9%
Shares Traded 2016 2017 2018 2019 2020 5. MAIN 7.4% -11.5% -26.8% -7.7% -50.8%
Volume 2,924 2,394 1,815 9,727 6,994
Value 3,301 3,115 3,529 17,713 8,290 Note:
Frequency 357 391 370 1,355 986 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Index Membership

1. BASIC-IND 11. JII70 21.
3. IDX30 13. LQ45 23.
5. IDXNONCYC 15. MBX 25.
8. IDXV30 18. 28.
9. ISSI 19. 29.
10. JII 20. 30.


Date: 29 Jan 2021 v2.0.0

30
Current Assets 11,061,008 11,189,325 12,415,809 12,873,148 11,745,138
25
Fixed Asset 7,512,091 8,346,029 7,951,910 10,707,724 11,143,803
- - - - - - 20
Total Assets 19,251,026 21,088,870 23,038,028 26,650,895 25,951,760
Trade Payable 2,316,970 3,216,003 3,449,238 2,765,968 2,503,816 15
Curr. Maturities - Bank Loans - - 51,975 241,668 494,631

Curr. Maturities - Bonds Payable 1,500,000 - 846,742 - 149,421 10
- - - - - -
5
Long-term Bank Loans - - 179,084 1,107,169 2,292,412 -
- - - - - -
Common Stocks 1,816,250 1,816,250 1,879,461 1,879,461 1,879,461
11,412
- - - - - -
10,215
9,796
Total Equity 9,372,964 9,795,628 10,214,809 11,896,814 11,411,970
Revenues 27,063,310 29,602,688 34,012,965 38,872,084 36,964,948
Gross Profit 5,478,898 5,030,946 7,208,387 7,871,850 7,429,209
Finance Costs -510,465 -568,980 -793,467 -810,237 -862,222
EBT 2,766,591 1,740,595 3,089,839 2,584,420 1,459,563
Tax -594,983 -632,785 -836,638 -700,563 -457,187
2016 2017 2018 2019 2020
Profit/Loss Period Attributable 2,064,650 997,352 2,167,961 1,765,178 916,711
Comprehensive Attributable 2,688,837 928,888 2,342,952 1,736,543 739,496
38,872
34,013
Net Cash - Operating 2,753,605 770,662 1,840,529 1,891,217 4,099,440
Net Cash - Investing -497,535 -1,364,166 -2,209,240 -3,148,118 -1,980,790 29,603
27,063
Net Cash - Financing -446,607 -467,181 -227,875 1,128,393 -1,794,564
Net Increase/Decrease in C&CE 1,809,463 -1,060,685 -596,586 -128,508 324,086
C&CE, end of period 2,701,265 1,642,106 1,086,970 1,004,280 1,335,911
Current Ratio (%) 2.13 2.35 1.80 1.66 1.96
DAR (x) 0.51 0.54 0.56 0.55 0.56
DER (x) 1.05 1.15 1.26 1.24 1.27
EPS (IDR) n.a. n.a. 155.17 131.24 83.51 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 13.86 11.70 17.54

BV (IDR) 821 858 871 1,015 973 Profit/Loss for the Period (Bill. Rp)
PBV (x) 0.89 1.51 2.47 1.51 1.51
ROA (%) 11.28 5.25 9.78 7.07 3.86
2,253
2,172
ROE (%) 23.17 11.31 22.06 15.83 8.78
GPM (%) 20.24 16.99 21.19 20.25 20.10 1,884
OPM (%) 10.79 7.33 10.95 8.07 7.13

NPM (%) 8.02 3.74 6.62 4.85 2.71
DPS (IDR) 15.00 50.00 100.00 50.00 20.00 1,108
1,002
DPR (%) n.a. n.a. 64.45 38.10 23.95
Dividend Yield (%) 2.04 3.85 4.65 3.26 1.37
2016 2017 2018 2019 2020

JSMR
Jasa Marga (Persero) Tbk

JSMR Jasa Marga (Persero) Tbk

Date: 29 Jan 2021 v2.0.0

PT Jasa Marga (Persero) Tbk has a main business field of Toll road services Established Listing Date IPO Price (IDR) IPO Lead Underwriter
business. The company's President Director and President Commisioner are PT Danareksa
Subakti Syukur and Yuswanda Arsyad Tumenggung. The largest shareholder of 01 Mar 1978 12 Nov 2007 1,700 Sekuritas
the company is Republic of Indonesia (70.00%). The percentage of public
shareholding (<5%) is 30.00%. PT Jasa Marga (Persero) Tbk has 19 Stock Overview
subsidiaries. One of the biggest subsidiaries is PT Jasamarga Jalanlayang
Cikampek (JJC). Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=JSMR

Domestic 17,703.9 2,533.9
Foreign 5,892.9 641.2 J Infrastructures J11 Transport Infrastructure Operator
Others 20.60% 26.78% J1 Transportation Infrastructure J112 Highways & Railtracks
Year 2020 YTD 2021
Total 23,596.8 3,175.1
Fundamental & ESG
YTD 2021
62.58x 1.30x 14.08 Low
D 1,033.9 190.0 1,223.9
-521.1 86.1
Buy

D 6,915.2 2,197.3 9,112.5 "Foreign Buy-Domestic Sell" minus "Foreign Sell- JSMR Sector PER Market PER
Domestic Buy".
29.71x 22.07x

2020 F - Rp15.20 22-Jun-20 23-Jun-20 10-Jul-20 2016 RI 28-Nov-16 4,050 500000:33667 4,040 0.998
2019 F - Rp45.52 15-May-19 16-May-19 28-May-19 - - - - - - -
2018 F - Rp60.63 18-Apr-18 20-Apr-18 11-May-18 - - - - - - -
2017 F - Rp78.09 23-Mar-17 27-Mar-17 13-Apr-17 - - - - - - -
2016 F - Rp43.13 07-Apr-16 11-Apr-16 29-Apr-16 - - - - - - -
Industry Peers

1. JSMR Jasa Marga (Persero) Tbk 31,354.00 104,086,646 79,311,031 24,775,615 13,704,021 -41,629
2. CMNP Citra Marga Nusaphala Persada Tbk 7,332.18 16,498 6,689 9,809 2,589 375
3. GMFI Garuda Maintenance Facility Aero 2,851.58 7,346,661 10,365,558 -3,018,897 3,580,433 -4,637,171
4. META Nusantara Infrastructure Tbk 2,426.37 5,846,683 2,491,576 3,355,108 1,548,919 112,622
5. IPCM Jasa Armada Indonesia Tbk 1,817.98 1,408,290 316,643 1,091,647 696,561 80,234
1. JSMR Jasa Marga (Persero) Tbk 62.58 1.30 -0.04 -0.17 0.76 3.20
2. CMNP Citra Marga Nusaphala Persada Tbk 16361.76 0.87 2.27 3.82 0.41 0.68
3. GMFI Garuda Maintenance Facility Aero -1.11 4.15 -63.12 153.60 1.41 -3.43
4. META Nusantara Infrastructure Tbk 34.97 0.72 1.93 3.36 0.43 0.74
5. IPCM Jasa Armada Indonesia Tbk 22.66 1.66 5.70 7.35 0.22 0.29


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 JSMR*
-4.42%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 5,050 4,890 3,300 3,940 4,500 4,490 4,210 3,910 3,830 4,520 4,750 4,920
Lowest 4,520 2,340 2,500 3,040 3,760 3,930 3,860 3,130 3,500 3,570 4,240 4,320
Close 4,680 2,540 3,150 3,550 4,400 3,930 3,910 3,610 3,560 4,190 4,630 4,320
Adj. Close* 4,680 2,540 3,150 3,550 4,400 3,930 3,910 3,610 3,560 4,190 4,630 4,320
Growth (%) -45.73% 24.02% 12.70% 23.94% -10.68% -0.51% -7.67% -1.39% 17.70% 10.50% -6.70%
Volume (mill.) 96 182 296 580 362 165 155 329 138 365 316 342
Value (bill.) 465 606 846 2,074 1,442 708 622 1,138 507 1,525 1,442 1,588
Frequency (th.) 45 63 90 109 105 57 58 90 48 101 115 108
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Highways & Railtracks
Lowest 5,025 4,150 3,820 4,290 2,340
Close 5,750 6,400 4,280 5,175 4,630 1. JSMR 9.9% -6.7% -6.1% -24.2% -24.9%
Adj. Close* 5,750 6,400 4,280 5,175 4,630 2. CMNP 52.4% -12.3% -24.6% -3.9% -16.8%
Growth (%) 11.30% -33.13% 20.91% -10.53% 3. GMFI 20.2% -34.0% -10.6% -71.6% n.a.
4. META 22.3% -38.8% -23.9% -38.7% 69.1%
Shares Traded 2016 2017 2018 2019 2020 5. IPCM 63.8% -3.4% 97.7% -23.2% n.a.
Volume 2,184 2,145 1,706 1,604 3,069
Value 10,983 11,579 8,290 8,770 11,798 Note:
Index Membership

1. COMPOSITE 11. Investor33 21.
3. IDX80 13. LQ45 23.
7. IDXINFRA 17. 27.


Date: 29 Jan 2021 v2.0.0

- - - - - - Total Asset & Liabilities (Bill. Rp)
120
Current Assets 12,965,884 18,987,065 11,813,856 11,612,566 10,705,995
100
Fixed Asset 884,666 1,035,922 754,806 714,282 746,237
- - - - - - 80
Total Assets 53,500,323 79,192,773 82,418,601 99,679,570 104,086,646
Trade Payable 134,772 350,924 321,811 404,235 325,160 60
Curr. Maturities - Bank Loans 342,090 557,795 3,063,767 4,358,542 1,976,842

Curr. Maturities - Bonds Payable 1,500,000 1,000,000 1,000,000 5,175,997 - 40
- - - - - -
20
- - - - - -
Common Stocks 3,628,936 3,628,936 3,628,936 3,628,936 3,628,936
24,776
Par Value 500 500 500 500 500 23,186
Total Equity 16,338,840 18,359,440 20,198,986 23,185,737 24,775,615 18,359
16,339
Revenues 8,832,348 8,921,667 9,784,489 26,345,260 13,704,021
Gross Profit - - - 6,444,643 5,354,533
Operating Profit/Loss - - - 4,966,120 4,117,721
Finance Costs -1,509,003 -1,268,870 -1,839,660 -2,433,684 -3,647,949
EBT 2,649,679 3,250,452 3,210,307 3,097,603 696,451
Tax -846,625 -1,156,796 -1,173,816 -1,023,715 -738,080
2016 2017 2018 2019 2020
Profit/Loss for the period 1,803,054 2,093,656 2,036,491 2,073,888 -41,629
26,345
Net Cash - Operating 2,245,043 4,356,186 909,813 3,404,523 1,440,732
Net Cash - Financing 12,460,972 11,185,413 6,214,162 10,983,412 23,034,379
Net Increase/Decrease in C&CE 801,665 2,863,261 -54,689 -1,526,609 255,603 13,704
C&CE, end of period 4,124,886 6,873,021 5,942,954 4,341,601 4,597,204 9,784

8,832 8,922
Current Ratio (%) 0.70 0.76 0.38 0.28 0.72
DAR (x) 0.69 0.77 0.75 0.77 0.76
DER (x) 2.27 3.31 3.08 3.30 3.20
EPS (IDR) n.a. n.a. 248.51 303.04 118.82 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 17.22 17.08 38.97

PBV (x) 2.55 2.53 1.54 1.62 1.36
ROA (%) 3.37 2.64 2.47 2.08 -0.04
ROE (%) 11.04 11.40 10.08 8.94 -0.17 2,094 2,036 2,074
1,803
GPM (%) n.a. n.a. n.a. 24.46 39.07
OPM (%) 0.00 0.00 0.00 18.85 30.05
NPM (%) 20.41 23.47 20.81 7.87 -0.30
DPS (IDR) 43.13 78.09 60.63 45.52 15.20
DPR (%) n.a. n.a. 24.40 15.02 12.80
Dividend Yield (%) 0.75 1.22 1.42 0.88 0.33
No. of Listed Shares, million 7,258 7,258 7,258 7,258 7,258 -42

2016 2017 2018 2019 2020

KLBF
Kalbe Farma Tbk

KLBF Kalbe Farma Tbk

Date: 29 Jan 2021 v2.0.0

PT Kalbe Farma Tbk has a main business field of Pharmacy. The company's Established Listing Date IPO Price (IDR) IPO Lead Underwriter
President Director and President Commisioner are Vidjongtius and Bernadette PT Merincorp SI
Ruth Irawati Setaidy . The largest shareholder of the company is Public (<5%) 10 Sep 1966 30 Jul 1991 7,800
(41.92%).
Stock Overview
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=KLBF

Domestic 20,760.7 9,145.0
61% Institution 41.49% 17.02%
Foreign 13,491.7 2,092.4 F Healthcare F21 Pharmaceuticals
39%
Others 16.81% 20.93% F2 Pharmaceuticals & Health Care F211 Pharmaceuticals
Year 2020 YTD 2021 Research
Total 34,252.4 11,237.4
Fundamental & ESG
YTD 2021
25.12x 3.84x 31.45 High
D 3,858.4 697.4 4,555.8
-1,963.5 33.4
Buy

D 6,898.6 4,463.5 11,362.1 "Foreign Buy-Domestic Sell" minus "Foreign Sell- KLBF Sector PER Market PER
Domestic Buy".
22.15x 22.07x

2020 I - Rp6.00 04-Dec-20 07-Dec-20 18-Dec-20 2012 SS 08-Oct-12 4,800 5:1 960 0.200
2020 F - Rp20.00 02-Jun-20 03-Jun-20 19-Jun-20 2004 SS 02-Jan-04 1,000 2:1 500 0.500
2019 F - Rp26.00 10-Jun-19 11-Jun-19 21-Jun-19 2000 BS 13-Nov-00 600 100:88 320 0.532
2018 F - Rp25.00 22-Jun-18 26-Jun-18 06-Jul-18 1999 SS 24-Sep-99 3,000 500:100 600 0.200
2017 F - Rp22.00 13-Jun-17 15-Jun-17 07-Jul-17 1996 SS 07-Oct-96 5,500 2:1 2,750 0.500
Industry Peers

1. KLBF Kalbe Farma Tbk 68,672.05 22,564,300 4,288,218 18,276,082 23,112,655 2,799,623
2. SIDO Industri Jamu dan Farmasi Sido 21,900.00 3,849,516 627,776 3,221,740 3,335,411 934,016
3. KAEF Kimia Farma Tbk 17,328.48 17,562,817 10,457,145 7,105,672 10,006,173 20,426
4. INAF Indofarma Tbk 9,297.80 1,713,335 1,283,008 430,326 1,715,588 30
5. TSPC Tempo Scan Pacific Tbk 6,165.00 9,104,658 2,727,422 6,377,236 10,968,402 834,370
1. KLBF Kalbe Farma Tbk 25.12 3.84 12.41 15.32 0.19 0.23
2. SIDO Industri Jamu dan Farmasi Sido 23.45 6.63 24.26 28.99 0.16 0.19
3. KAEF Kimia Farma Tbk 982.41 2.51 0.12 0.29 0.60 1.47
4. INAF Indofarma Tbk 337110.07 19.13 0.00 0.01 0.75 2.98
5. TSPC Tempo Scan Pacific Tbk 7.83 1.01 9.16 13.08 0.30 0.43


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 KLBF*
-0.34%
IHSG
-0.37%
LQ45
-4.33%
Sector**
*Adjusted Close Price; **Healthcare
Highest 1,485 1,330 1,470 1,415 1,470 1,615 1,625 1,600 1,610 1,515 1,545 1,760
Lowest 1,220 865 1,100 1,320 1,380 1,460 1,560 1,455 1,525 1,455 1,465 1,465
Close 1,220 1,200 1,440 1,415 1,460 1,565 1,580 1,550 1,525 1,505 1,480 1,465
Adj. Close* 1,220 1,200 1,440 1,415 1,460 1,565 1,580 1,550 1,525 1,505 1,480 1,465
Growth (%) -1.64% 20.00% -1.74% 3.18% 7.19% 0.96% -1.90% -1.61% -1.31% -1.66% -1.01%
Volume (mill.) 497 1,425 1,416 864 1,079 2,179 885 639 514 1,067 1,040 3,387
Value (bill.) 680 1,512 1,795 1,201 1,531 3,415 1,416 984 812 1,592 1,566 5,619
Frequency (th.) 66 168 160 92 95 244 109 97 86 151 142 459
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Pharmaceuticals

Lowest 1,275 1,450 1,155 1,260 865
Close 1,335 1,690 1,520 1,620 1,480 1. KLBF -6.4% -1.0% 2.4% -12.0% 9.7%
Adj. Close* 1,335 1,690 1,520 1,620 1,480 2. SIDO 12.3% -9.3% 22.2% 135.5% 192.0%
Growth (%) 26.59% -10.06% 6.58% -8.64% 3. KAEF 38.7% -26.6% 212.0% 27.9% 197.1%
4. INAF 31.6% -25.6% 257.1% -45.5% 1085.8%
Shares Traded 2016 2017 2018 2019 2020 5. TSPC -0.7% -2.1% 5.8% -17.5% -22.2%
Volume 12,520 7,595 7,523 7,334 12,001
Value 18,398 11,953 10,845 11,315 17,126 Note:
Index Membership

4. IDX30 14. KOMPAS100 24.
5. IDX80 15. LQ45 25.
6. IDXG30 16. MANUFACTUR 26.
7. IDXHEALTH 17. MBX 27.
8. IDXHIDIV20 18. MNC36 28.
9. IDXQ30 19. SRI-KEHATI 29.
10. Investor33 20. 30.


Date: 29 Jan 2021 v2.0.0

25
Current Assets 9,572,530 10,043,951 10,648,288 11,222,491 13,075,332
- - - - - -
Fixed Asset 4,555,756 5,342,660 6,252,801 7,666,315 8,157,762 20
- - - - - -
Total Assets 15,226,009 16,616,239 18,146,206 20,264,727 22,564,300 15
Trade Payable 1,127,307 1,108,551 1,289,898 1,215,860 1,240,386

- - - - - - 10
- - - - - -
- - - - - - 5
Long-term Bank Loans 132,241 144,338 259,831 647,647 722,819 -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 468,751 468,751 468,751 468,751 468,751
18,276
16,706
Par Value 10 10 10 10 10 15,295
Total Equity 12,463,847 13,894,032 15,294,595 16,705,582 18,276,082 12,464
Revenues 19,374,231 20,182,120 21,074,306 22,633,476 23,112,655
Gross Profit 9,487,968 9,812,283 9,847,926 10,243,468 10,246,322
Finance Costs -28,149 -36,392 -29,738 -40,420 -89,580
EBT 3,091,188 3,241,187 3,306,400 3,402,617 3,627,633
Tax -740,304 -787,935 -809,138 -865,015 -828,010
2016 2017 2018 2019 2020
23,113
Net Cash - Investing -1,014,923 -1,113,563 -1,289,829 -1,900,541 -951,215
21,074
Net Cash - Financing -941,396 -976,387 -1,139,658 -706,915 -1,099,712
Net Increase/Decrease in C&CE 203,515 -81,634 341,290 -104,488 2,170,622 20,182
C&CE, end of period 2,853,905 2,780,931 3,149,173 2,992,849 5,207,929 19,374
Current Ratio (%) 4.13 4.51 4.66 4.35 4.12
DAR (x) 0.18 0.16 0.16 0.18 0.19
DER (x) 0.22 0.20 0.19 0.21 0.23
EPS (IDR) n.a. n.a. 51.81 54.79 55.87 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 29.34 29.57 26.49

PBV (x) 5.02 5.70 4.66 4.55 3.80
ROA (%) 15.44 14.76 13.76 12.52 12.41
2,800
ROE (%) 18.86 17.66 16.33 15.19 15.32
GPM (%) 48.97 48.62 46.73 45.26 44.33
OPM (%) 15.78 17.11 16.88 15.89 15.38
NPM (%) 12.13 12.16 11.85 11.21 12.11 2,538
2,497
DPS (IDR) 19.00 22.00 25.00 26.00 26.00 2,453
DPR (%) n.a. n.a. 48.25 47.46 46.54
2,351
Dividend Yield (%) 1.42 1.30 1.64 1.60 1.76
2016 2017 2018 2019 2020

MDKA
Merdeka Copper Gold Tbk

MDKA Merdeka Copper Gold Tbk

Date: 29 Jan 2021 v2.0.0

PT Merdeka Copper Gold Tbk has a main business field of Mining of gold, silver, Established Listing Date IPO Price (IDR) IPO Lead Underwriter
copper and other associated minerals, industry and other related business PT Indo Premier
activities through the company's subsidiaries. The company's President Director 05 Sep 2012 19 Jun 2015 2,000 Securities
and President Commisioner are Albert Saputro and Edwin Soeryadjaya. The
largest shareholder of the company is Public (<5%) (54.00%). PT Merdeka Stock Overview
Copper Gold Tbk has 8 subsidiaries. One of the biggest subsidiaries is PT Bumi
Suksesindo. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
For more information click here: Development 55,838,858,707,500 41,770,467,183,256
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=MDKA

Domestic 61,539.3 4,959.7
76% 75%
Others 17.20% 24.45% B1 Basic Materials B143 Gold
Year 2020 YTD 2021
Total 80,920.8 6,607.1
Fundamental & ESG
YTD 2021
109.37x 6.53x 52.80 Severe
D 1,860.4 506.2 2,366.6
3,237.1 226.5
Buy

D 24,705.6 4,445.5 29,151.1 "Foreign Buy-Domestic Sell" minus "Foreign Sell- MDKA Sector PER Market PER
Domestic Buy".
17.47x 22.07x

- - - - - - - 2019 SS 18-Oct-19 6,250 5:1 1,250 0.200
- - - - - - - 2018 RI 15-Aug-18 3,150 6:1 3,020 0.959
- - - - - - - - - - - - - -
- - - - - - - - - - - - - -
- - - - - - - - - - - - - -
Industry Peers

1. MDKA Merdeka Copper Gold Tbk 55,838.86 13,112,102 5,161,876 7,950,225 4,539,848 407,517
4. TINS Timah Tbk 12,586.70 14,517,700 9,577,564 4,940,136 15,215,980 -340,602
5. KRAS Krakatau Steel (Persero) Tbk 11,220.91 49,174,953 42,845,715 6,329,238 19,093,332 319,267
1. MDKA Merdeka Copper Gold Tbk 109.37 6.53 3.11 5.13 0.39 0.65
4. TINS Timah Tbk -36.95 2.55 -2.35 -6.89 0.66 1.94
5. KRAS Krakatau Steel (Persero) Tbk 33.60 1.82 0.65 5.04 0.87 6.77


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 MDKA*
118.88%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 1,360 1,295 1,305 1,395 1,375 1,860 2,050 1,815 1,860 1,965 2,770 2,730
Lowest 1,165 905 1,040 1,175 1,250 1,355 1,735 1,530 1,625 1,810 1,860 2,290
Close 1,305 1,015 1,230 1,300 1,365 1,790 1,740 1,615 1,830 1,940 2,430 2,550
Adj. Close* 1,305 1,015 1,230 1,300 1,365 1,790 1,740 1,615 1,830 1,940 2,430 2,550
Growth (%) -22.22% 21.18% 5.69% 5.00% 31.14% -2.79% -7.18% 13.31% 6.01% 25.26% 4.94%
Volume (mill.) 1,462 3,332 1,822 906 1,262 2,519 3,393 2,398 1,655 3,366 2,096 1,316
Value (bill.) 1,861 3,616 2,217 1,162 1,675 4,073 6,129 3,942 2,925 6,410 4,457 3,304
Frequency (th.) 85 123 52 52 93 207 268 248 149 252 196 227
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Gold

Lowest 1,995 1,930 2,140 1,010 905
Close 2,000 2,140 3,500 1,070 2,430 1. MDKA 42.5% 4.9% 117.9% 468.1% 564.6%
Adj. Close* 384 411 671 214 2,430 2. INCO 60.8% 7.8% 74.1% 46.7% 280.6%
Growth (%) 7.00% 63.55% -68.13% 1035.51% 3. ANTM 204.1% 14.7% 208.3% 142.6% 574.8%
4. TINS 122.4% 13.8% 138.0% 61.0% 225.0%
Shares Traded 2016 2017 2018 2019 2020 5. KRAS 52.6% 35.5% 113.2% 12.6% 85.3%
Volume 373 240 1,936 4,876 25,893
Value 700 550 4,911 13,798 40,460 Note:
Index Membership

1. BISNIS-27 11. JII 21.
3. DBX 13. KOMPAS100 23.
4. I-GRADE 14. LQ45 24.
5. IDX80 15. MINING 25.
6. IDXBASIC 16. MNC36 26.
7. IDXG30 17. 27.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

Cash & Cash Equivalents 572,285 469,741 204,842 691,569 719,726
Trade receivables - - 18,967 3,274 28,963 Total Asset & Liabilities (Bill. Rp)
Inventories 16,781 414,986 1,438,902 2,161,515 2,003,058 Asset Liabilities
14
Current Assets 633,791 1,274,310 2,249,005 2,855,373 2,811,249
- - - - - - 12
Fixed Asset 1,278,193 1,633,900 3,928,546 4,467,091 4,204,169
10
- - - - - -
Total Assets 4,086,930 5,024,567 11,601,744 13,265,225 13,112,102 8
Trade Payable 99,287 80,336 615,703 464,456 284,915
6
Curr. Maturities - Bank Loans - 655,588 1,317,677 1,905,439 833,604
Curr. Maturities - Bonds Payable - - - - 807,637 4
- - - - - -
Current Liabilities 303,065 1,404,418 2,660,968 3,542,986 2,711,227 2
Long-term Bank Loans 1,244,989 627,123 2,217,077 1,372,199 560,979 -

Long-term Bonds Payable - - - - 863,839 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 390,840 394,098 482,273 483,761 489,311
7,311
Par Value 100 100 100 20 20
Retained earnings -193,045 389,033 1,180,800 2,120,008 2,654,879 6,139
Total Equity 2,137,117 2,567,497 6,138,951 7,310,587 7,950,225
Revenues - 1,753,456 4,273,636 5,606,439 4,539,848
Gross Profit - 1,107,153 2,017,875 2,167,663 1,609,682 2,567
2,137
Operating Profit/Loss -56,765 1,009,514 1,791,804 1,886,997 1,327,308
Finance Costs -22,773 -119,345 -239,500 -273,481 -258,564
EBT -86,497 854,757 1,261,816 1,512,633 792,764
Tax 49,435 -270,390 -420,307 -546,891 -385,247
2016 2017 2018 2019 2020
Profit/Loss for the period -37,062 584,367 841,509 965,742 407,517
Profit/Loss Period Attributable -37,034 583,687 763,224 987,684 510,546
Comprehensive Income -6,432 412,562 1,253,723 860,694 583,037 Total Revenue (Bill. Rp)
Comprehensive Attributable -6,438 412,071 1,072,234 991,747 686,900 5,606
4,540
Net Cash - Operating -72,037 979,414 740,273 1,720,209 1,692,138 4,274
Net Cash - Investing -1,142,162 -833,882 -1,669,449 -2,136,565 -986,052
Net Cash - Financing 1,537,024 -252,913 606,250 912,410 -688,781
Net Increase/Decrease in C&CE 322,825 -107,381 -322,927 496,055 17,305
C&CE, end of period 572,285 469,741 204,842 691,569 719,726
1,753
Current Ratio (%) 2.09 0.91 0.85 0.81 1.04
DAR (x) 0.48 0.49 0.47 0.45 0.39 -
DER (x) 0.91 0.96 0.89 0.81 0.65
EPS (IDR) n.a. n.a. 270.71 41.49 41.23 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 12.93 25.79 58.94

BV (IDR) 599 719 1,474 334 363 Profit/Loss for the Period (Bill. Rp)
PBV (x) 3.34 2.98 2.37 3.20 6.69
ROA (%) -0.91 11.63 7.25 7.28 3.11
ROE (%) -1.73 22.76 13.71 13.21 5.13 966
GPM (%) n.a. 63.14 47.22 38.66 35.46 842
OPM (%) n.a. 57.57 41.93 33.66 29.24

NPM (%) n.a. 33.33 19.69 17.23 8.98 584
DPS (IDR) 0.00 0.00 0.00 0.00 0.00 408

DPR (%) n.a. n.a. 0.00 0.00 0.00
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00
No. of Listed Shares, million 3,570 3,570 4,165 21,898 21,898 -37
2016 2017 2018 2019 2020

MEDC
Medco Energi Internasional Tbk

MEDC Medco Energi Internasional Tbk

Date: 29 Jan 2021 v2.0.0

PT Medco Energi Internasional Tbk has a main business field of Crude petroleum Established Listing Date IPO Price (IDR) IPO Lead Underwriter
and natural gas prod.. The company's President Director and President PT Bahana
Commisioner are Hilmi Panigoro and Yani Yuhani Panigoro. The largest 09 Jun 1980 12 Oct 1994 4,350 Securities
shareholder of the company is PT MEDCO DAYA ABADI LESTARI (51.50%).
The percentage of public shareholding (<5%) is 26.40%. Stock Overview
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=MEDC

Domestic 23,337.2 4,058.4
Foreign 1,568.8 360.0 A Energy A11 Oil & Gas
8%
6%
Others 11.97% 1.36% A1 Oil, Gas & Coal A111 Oil & Gas Production & Refinery
Year 2020 YTD 2021
Total 24,906.0 4,418.4
Fundamental & ESG
YTD 2021
-6.13x 0.80x 46.87 Severe
D 1,858.1 169.7 2,027.9
-126.1 2.6
Buy

D 10,942.5 789.1 11,731.6 "Foreign Buy-Domestic Sell" minus "Foreign Sell- MEDC Sector PER Market PER
Domestic Buy".
11.38x 22.07x
Total 11,605.6 847.4 12,453.0 foreign investors.

2015 F - $0.00 28-Apr-15 30-Apr-15 22-May-15 2020 RI 09-Sep-20 540 5:2 458 0.847
2014 F - $0.00 28-May-14 02-Jun-14 16-Jun-14 2017 RI 08-Dec-17 1,000 3:1 900 0.900
2013 F - $0.00 21-May-13 23-May-13 07-Jun-13 2017 SS 11-Sep-17 3,490 4:1 870 0.250
2012 F - $0.01 04-Jun-12 06-Jun-12 20-Jun-12 2000 SS 31-May-00 4,250 5:1 850 0.200
2011 F - $0.01 14-Jun-11 16-Jun-11 01-Jul-11 1999 RI 22-Nov-99 3,575 10:11 3,550 0.989
Industry Peers

1. MEDC Medco Energi Internasional Tbk 16,338.55 83,231,108 66,116,313 17,114,795 15,420,637 -2,500,866
2. SURE Super Energy Tbk 3,294.67 1,093,996 489,681 604,315 335,556 -22,517
3. BIPI Astrindo Nusantara Infrastruktur Tbk 2,234.65 18,952,684 13,514,256 5,438,427 1,107,410 381,477
4. SUGI Sugih Energy Tbk 1,240.58 n.a. n.a. n.a. n.a. n.a.
5. ENRG Energi Mega Persada Tbk 1,003.19 11,913,337 8,920,616 2,992,721 4,582,456 826,452
1. MEDC Medco Energi Internasional Tbk -6.13 0.80 -3.00 -14.61 0.79 3.86
2. SURE Super Energy Tbk -168.39 26.30 -2.06 -3.73 0.45 0.81
3. BIPI Astrindo Nusantara Infrastruktur Tbk 5.70 0.39 2.01 7.01 0.71 2.48
4. SUGI Sugih Energy Tbk NA 0.54 n.a. n.a. n.a. n.a.
5. ENRG Energi Mega Persada Tbk 1.33 0.33 6.94 27.62 0.75 2.98


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 MEDC*
13.75%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 755 680 515 496 515 488 575 575 386 515 670 735
Lowest 630 312 374 440 450 460 446 338 338 368 505 595
Close 630 386 450 440 452 464 550 338 382 498 590 650
Adj. Close* 630 386 450 440 452 464 550 399 451 588 697 768
Growth (%) -38.73% 16.58% -2.22% 2.73% 2.65% 18.53% -27.41% 13.02% 30.37% 18.47% 10.17%
Volume (mill.) 904 806 1,619 1,087 1,565 1,630 2,661 3,439 2,349 3,357 3,688 3,277
Value (bill.) 628 396 739 518 753 770 1,423 1,462 828 1,510 2,224 2,209
Frequency (th.) 48 51 94 63 98 90 142 139 100 163 178 184
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Oil & Gas Production & Refinery
Highest 800 3,590 1,575 1,025 915 No. Code 6M YTD 1Y 3Y 5Y
Lowest 685 845 620 630 312
Close 705 890 685 865 590 1. MEDC 65.5% 10.2% 8.9% -38.1% 384.0%
Adj. Close* 134 170 580 732 499 2. SURE -24.1% -13.0% -26.7% n.a. n.a.
Growth (%) 26.24% 242.07% 26.28% -31.79% 3. BIPI 0.0% 0.0% 0.0% -43.8% 0.0%
4. SUGI 0.0% 0.0% 0.0% 0.0% -86.6%
Shares Traded 2016 2017 2018 2019 2020 5. ENRG 94.0% -24.8% 94.0% -42.6% -75.8%
Volume 2,115 10,784 25,607 7,277 24,562
Value 3,163 12,059 30,528 6,125 12,453 Note:
Index Membership

1. COMPOSITE 11. SMinfra18 21.
2. I-GRADE 12. 22.
3. IDX80 13. 23.
4. IDXENERGY 14. 24.
7. KOMPAS100 17. 27.
8. MBX 18. 28.
9. MINING 19. 29.
10. MNC36 20. 30.


Date: 29 Jan 2021 v2.0.0

Inventories 944,427 1,204,573 906,219 1,341,589 1,391,006 Asset Liabilities
90
Current Assets 15,239,928 26,757,979 26,569,912 23,632,350 28,519,263
Investment Properties 4,719,515 - - - - 80
Fixed Asset 69,468 920,236 628,393 566,835 512,637 70

- - - - - - 60
Total Assets 48,331,047 69,918,327 76,380,310 83,761,178 83,231,108
50
Trade Payable 1,409,706 1,893,223 1,731,527 2,107,192 2,444,292
40
Curr. Maturities - Bonds Payable 239,724 2,745,732 1,917,773 636,978 1,382,960 30
- - - - - - 20

- - - - - -
Common Stocks 1,359,111 1,480,338 1,591,540 1,528,445 1,717,974
Par Value 100 25 25 25 25 20,174
19,003 18,913
Total Equity 11,964,877 19,003,401 20,173,554 18,912,855 17,114,795
Revenues 8,066,327 12,540,610 17,715,814 20,056,966 15,420,637

Gross Profit - 5,700,107 9,193,097 8,251,709 4,537,727
Finance Costs -1,430,601 -1,906,100 -2,748,397 -3,504,861 -3,980,713
EBT 3,497,366 4,003,199 2,891,479 2,498,193 -1,386,290
Tax -843,537 -1,894,463 -2,857,227 -2,780,260 -1,020,545
2016 2017 2018 2019 2020
Profit/Loss for the period 2,513,190 1,785,745 -412,599 -188,718 -2,500,866
Profit/Loss Period Attributable 2,623,041 1,721,919 -746,037 -381,362 -2,665,501
Comprehensive Income 2,588,707 2,569,345 -284,737 -358,116 -3,156,486 Total Revenue (Bill. Rp)
Comprehensive Attributable 2,513,190 2,500,139 -652,327 -347,747 -3,175,145
Net Cash - Operating 600,116 6,025,527 5,260,137 5,750,408 6,462,818 17,716
Net Cash - Investing -7,852,464 -3,304,905 -3,878,655 -3,756,197 -4,123,029 15,421
Net Cash - Financing 3,311,276 1,639,403 -605,431 -1,669,090 -4,481,202
12,541
Net Increase/Decrease in C&CE -4,020,355 4,360,025 776,051 325,120 -2,141,413
C&CE, end of period 2,211,040 6,625,522 6,079,320 6,361,936 4,181,805
8,066
Current Ratio (%) 1.32 1.53 1.66 2.40 1.47
DAR (x) 0.75 0.73 0.74 0.77 0.79
DER (x) 3.04 2.68 2.79 3.43 3.86
EPS (IDR) n.a. n.a. -39.91 -17.16 -103.26 2016 2017 2018 2019 2020
PER (x) n.a. n.a. -17.16 -50.41 -5.71

BV (IDR) 3,590 1,166 1,131 1,056 681 Profit/Loss for the Period (Bill. Rp)
PBV (x) 0.20 0.76 0.61 0.82 0.87
ROA (%) 5.20 2.55 -0.54 -0.23 -3.00 2,513
ROE (%) 21.00 9.40 -2.05 -1.00 -14.61
1,786
GPM (%) n.a. 45.45 51.89 41.14 29.43
OPM (%) 25.45 29.10 38.70 25.20 15.47
NPM (%) 31.16 14.24 -2.33 -0.94 -16.22
DPS (IDR) 0.00 0.00 0.00 0.00 0.00
DPR (%) n.a. n.a. 0.00 0.00 0.00 -189
-413
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00
-2,501
2016 2017 2018 2019 2020

MIKA
Mitra Keluarga Karyasehat Tbk

MIKA Mitra Keluarga Karyasehat Tbk

Date: 29 Jan 2021 v2.0.0

PT Mitra Keluarga Karyasehat Tbk has a main business field of Business and Established Listing Date IPO Price (IDR) IPO Lead Underwriter
management consulting services including hospital management services. The PT Kresna Graha
company's President Director and President Commisioner are RUSTIYAN OEN 03 Jan 1995 24 Mar 2015 17,000 Sekurindo Tbk
and JOZEF DARMAWAN ANGKASA. The largest shareholder of the company is
PT Griyainsani Cakrasadaya (61.86%). The percentage of public shareholding Stock Overview
(<5%) is 35.83%. PT Mitra Keluarga Karyasehat Tbk has 21 subsidiaries. One of
the biggest subsidiaries is PT Proteindo Karyasehat. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=MIKA

Domestic 15,737.7 3,284.1
Foreign 5,026.1 754.9 F Healthcare F12 Healthcare Providers
Others 15.23% 38.46% F1 Healthcare Equipment & F121 Healthcare Providers
Year 2020 YTD 2021 Providers
Total 20,763.8 4,039.0
Fundamental & ESG
YTD 2021
49.09x 8.17x 30.11 High
D 1,367.0 341.4 1,708.3
-753.6 -132.6
Buy

D 6,393.0 1,852.6 8,245.6 "Foreign Buy-Domestic Sell" minus "Foreign Sell- MIKA Sector PER Market PER
Domestic Buy".
22.15x 22.07x

2020 F - Rp21.00 03-Jul-20 06-Jul-20 24-Jul-20 2015 SS 16-Oct-15 28,025 10:1 2,800 0.100
2019 F - Rp18.00 05-Jul-19 08-Jul-19 26-Jul-19 - - - - - - -
2017 F - Rp34.00 09-Jun-17 13-Jun-17 05-Jul-17 - - - - - - -
2016 F - Rp25.00 06-Jun-16 08-Jun-16 30-Jun-16 - - - - - - -
- - - - - - - - - - - - - -
Industry Peers

1. MIKA Mitra Keluarga Karyasehat Tbk 41,314.41 6,372,279 855,187 5,517,092 3,419,343 923,473
2. HEAL Medikaloka Hermina Tbk 11,912.00 6,355,254 2,973,077 3,382,177 4,416,042 645,638
3. CARE Metro Healthcare Indonesia Tbk 9,975.00 3,445,671 154,914 3,290,757 216,296 14,168
4. SILO Siloam International Hospitals Tbk 8,453.98 8,427,782 2,409,411 6,018,371 7,110,124 125,250
5. PRDA Prodia Widyahusada Tbk 3,159.38 2,232,052 443,753 1,788,299 1,873,375 268,747
1. MIKA Mitra Keluarga Karyasehat Tbk 49.09 8.17 14.49 16.74 0.13 0.16
2. HEAL Medikaloka Hermina Tbk 25.17 3.83 10.16 19.09 0.47 0.88
3. CARE Metro Healthcare Indonesia Tbk 696.93 3.03 0.41 0.43 0.04 0.05
4. SILO Siloam International Hospitals Tbk 72.78 1.43 1.49 2.08 0.29 0.40
5. PRDA Prodia Widyahusada Tbk 11.76 1.89 12.04 15.03 0.20 0.25


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 MIKA*
13.73%
IHSG
-0.37%
LQ45
-4.33%
Sector**
*Adjusted Close Price; **Healthcare
Highest 2,650 2,430 2,100 2,450 2,540 2,400 2,450 2,490 2,700 2,700 2,900 2,900
Lowest 2,430 1,685 1,830 1,830 2,200 2,280 2,300 2,240 2,510 2,290 2,650 2,480
Close 2,480 2,150 1,945 2,370 2,270 2,400 2,370 2,450 2,630 2,700 2,730 2,900
Adj. Close* 2,480 2,150 1,945 2,370 2,270 2,400 2,370 2,450 2,630 2,700 2,730 2,900
Growth (%) -13.31% -9.53% 21.85% -4.22% 5.73% -1.25% 3.38% 7.35% 2.66% 1.11% 6.23%
Volume (mill.) 142 77 65 77 136 528 486 674 540 596 557 746
Value (bill.) 362 157 125 173 321 1,242 1,155 1,585 1,410 1,481 1,541 2,019
Frequency (th.) 23 20 23 27 35 66 41 47 45 71 64 113
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Healthcare Providers
Lowest 2,070 1,730 1,390 1,510 1,685
Close 2,175 1,810 1,575 2,670 2,730 1. MIKA 20.8% 6.2% 11.5% 52.2% 33.3%
Adj. Close* 2,175 1,810 1,575 2,670 2,730 2. HEAL 31.1% 13.3% 17.6% n.a. n.a.
Growth (%) -16.78% -12.98% 69.52% 2.25% 3. CARE -11.8% -6.8% n.a. n.a. n.a.
4. SILO 10.9% -5.5% -21.2% -41.1% -42.1%
Shares Traded 2016 2017 2018 2019 2020 5. PRDA 8.7% 3.7% -8.7% -8.2% n.a.
Volume 6,653 5,429 1,796 2,211 4,203
Value 6,935 5,192 3,300 5,195 10,382 Note:
Index Membership

1. BISNIS-27 11. JII70 21.
3. IDX80 13. LQ45 23.
4. IDXG30 14. MBX 24.
5. IDXHEALTH 15. PEFINDO25 25.
6. IDXQ30 16. TRADE 26.
9. ISSI 19. 29.
10. JII 20. 30.


Date: 29 Jan 2021 v2.0.0

Cash & Cash Equivalents 1,421,663 743,131 830,677 568,522 705,013
7
Current Assets 2,830,228 2,449,405 2,417,658 2,475,230 3,103,603
- - - - - - 6
Fixed Asset 1,075,116 1,657,140 2,066,106 2,389,697 2,534,240
5
- - - - - -
Total Assets 4,176,188 4,712,039 5,089,417 5,576,085 6,372,279 4
Trade Payable 90,911 90,094 96,599 161,985 201,343
3
Curr. Maturities - Bank Loans - 8,795 7,894 2,977 -
- - - - - - 2
- - - - - -
Current Liabilities 255,113 311,710 311,891 430,760 568,432 1
Long-term Bank Loans - 18,121 9,818 2,086 - -

- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Total Liabilities 539,773 681,525 639,496 783,434 855,187
Common Stocks 145,507 145,507 145,507 142,463 142,463
5,517
Par Value 10 10 10 100 10 4,793
4,450
Total Equity 3,636,415 4,030,515 4,449,920 4,792,651 5,517,092 3,636
Revenues 2,435,466 2,495,712 2,713,087 3,205,021 3,419,343
Gross Profit 1,155,799 1,185,524 1,284,302 1,534,374 1,692,038
Operating Profit/Loss 731,709 729,865 745,472 884,939 1,043,373
Finance Costs -12,143 -13,212 -14,905 -13,588 -11,484
EBT 896,310 877,155 850,148 1,004,330 1,169,750
Tax -175,588 -168,393 -191,411 -212,911 -246,277
2016 2017 2018 2019 2020
Comprehensive Income 721,206 696,990 752,476 761,210 1,025,349 Total Revenue (Bill. Rp)
3,419
Net Cash - Operating 864,667 769,745 743,204 894,242 1,066,112
2,713
Net Cash - Investing -1,466,706 -826,666 -308,597 -675,213 -623,651 2,435 2,496
Net Cash - Financing -363,768 -621,613 -347,060 -481,185 -305,971
Net Increase/Decrease in C&CE -965,808 -678,534 87,546 -262,156 136,491
C&CE, end of period 1,421,663 743,131 830,677 568,522 705,013
Current Ratio (%) 11.09 7.86 7.75 5.75 5.46
DAR (x) 0.13 0.14 0.13 0.14 0.13
DER (x) 0.15 0.17 0.14 0.16 0.16
EPS (IDR) n.a. n.a. 44.32 46.23 50.81 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 35.54 57.76 53.73

PBV (x) 8.70 6.53 5.15 7.94 7.05
ROA (%) 17.26 15.04 12.94 14.19 14.49 923
ROE (%) 19.82 17.58 14.80 16.51 16.74
791
GPM (%) 47.46 47.50 47.34 47.87 49.48 721 709
OPM (%) 30.04 29.24 27.48 27.61 30.51 659
NPM (%) 29.59 28.40 24.28 24.69 27.01

DPS (IDR) 25.00 34.00 0.00 18.00 21.00
DPR (%) n.a. n.a. 0.00 38.94 41.33
Dividend Yield (%) 1.15 1.88 0.00 0.67 0.77
2016 2017 2018 2019 2020

MNCN
Media Nusantara Citra Tbk

MNCN Media Nusantara Citra Tbk

Date: 29 Jan 2021 v2.0.0

PT Media Nusantara Citra Tbk has a main business field of General trade, Established Listing Date IPO Price (IDR) IPO Lead Underwriter
development, industry, agriculture, transportation, printing, multimedia via Bhakti Securities
satellite and other telecommunications equipment, services and industry. The 17 Jun 1997 22 Jun 2007 900
company's President Director and President Commisioner are Noersing and Hary
Tanoesoedibjo. The largest shareholder of the company is PT Global Mediacom Stock Overview
Tbk (52.67%). The percentage of public shareholding (<5%) is 47.33%. PT
Media Nusantara Citra Tbk has 61 subsidiaries. One of the biggest subsidiaries Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=MNCN

Domestic 29,490.9 2,223.6
70% 67%
Foreign 12,500.9 1,101.0 E Consumer Cyclicals E61 Media
30% 33%
Others 43.13% 18.55% E6 Media & Entertainment E612 Broadcasting
Year 2020 YTD 2021
Total 41,991.8 3,324.7
Fundamental & ESG
YTD 2021
8.91x 1.11x 18.49 Low
D 758.9 229.5 988.4
200.9 246.9
Buy

D 10,285.0 4,360.0 14,645.0 "Foreign Buy-Domestic Sell" minus "Foreign Sell- MNCN Sector PER Market PER
Domestic Buy".
28.06x 22.07x

2019 F - Rp15.00 03-Jul-19 04-Jul-19 26-Jul-19 - - - - - - -
2018 F - Rp15.00 04-Jul-18 06-Jul-18 25-Jul-18 - - - - - - -
2017 F - Rp42.00 10-Jul-17 12-Jul-17 02-Aug-17 - - - - - - -
2015 F - Rp63.00 28-May-15 01-Jun-15 17-Jun-15 - - - - - - -
2014 F - Rp35.00 15-Oct-14 17-Oct-14 31-Oct-14 - - - - - - -
Industry Peers

1. MNCN Media Nusantara Citra Tbk 15,576.53 18,923,235 4,461,328 14,461,907 7,956,238 1,871,028
2. SCMA Surya Citra Media Tbk 32,218.42 6,766,903 2,870,317 3,896,587 5,101,113 1,150,063
3. MDIA Intermedia Capital Tbk 2,431.36 6,594,597 4,053,512 2,541,085 1,282,046 100,206
4. VIVA Visi Media Asia Tbk 823.21 8,584,282 8,369,847 214,435 1,830,517 -809,081
5. MARI Mahaka Radio Integra Tbk 483.24 317,124 120,518 196,607 72,882 -49,588
1. MNCN Media Nusantara Citra Tbk 8.91 1.11 9.89 12.94 0.24 0.31
2. SCMA Surya Citra Media Tbk 28.06 5.78 17.00 29.51 0.42 0.74
3. MDIA Intermedia Capital Tbk 24.10 1.05 1.52 3.94 0.61 1.60
4. VIVA Visi Media Asia Tbk -1.01 18.27 -9.43 -377.31 0.98 39.03
5. MARI Mahaka Radio Integra Tbk -126.06 2.12 -15.64 -25.22 0.38 0.61


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 MNCN*
-35.91%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 1,615 1,395 1,120 940 1,010 915 955 870 850 1,060 1,270 1,250
Lowest 1,270 800 875 805 885 820 790 705 725 800 1,045 1,035
Close 1,285 905 915 850 905 820 890 720 830 1,015 1,140 1,035
Adj. Close* 1,285 905 915 850 905 820 890 720 830 1,015 1,140 1,035
Growth (%) -29.57% 1.10% -7.10% 6.47% -9.39% 8.54% -19.10% 15.28% 22.29% 12.32% -9.21%
Volume (mill.) 571 1,151 1,194 1,765 3,170 1,629 3,760 1,234 1,673 2,797 2,202 1,399
Value (bill.) 830 1,148 1,185 1,550 3,038 1,454 3,356 978 1,337 2,652 2,512 1,662
Frequency (th.) 379 292 338 199 207 156 209 101 118 144 155 138
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Broadcasting

Lowest 1,190 1,230 690 695 705
Close 1,190 1,285 690 1,630 1,140 1. MNCN 26.2% -9.2% -34.9% -32.1% -13.0%
Adj. Close* 1,190 1,285 690 1,630 1,140 2. SCMA 69.6% -4.8% 51.4% -19.0% 303.7%
Growth (%) 7.98% -46.30% 136.23% -30.06% 3. MDIA 24.0% 10.7% 24.0% -66.8% -81.5%
4. VIVA 0.0% 0.0% 0.0% -83.7% -81.1%
Shares Traded 2016 2017 2018 2019 2020 5. MARI 84.0% 2.2% -48.9% -29.2% n.a.
Volume 6,206 5,521 6,462 12,255 21,728
Value 12,040 8,655 7,029 14,068 20,996 Note:
Index Membership

2. IDX30 12. JII70 22.
3. IDX80 13. KOMPAS100 23.
4. IDXCYCLIC 14. LQ45 24.
5. IDXESGL 15. MBX 25.
6. IDXQ30 16. MNC36 26.
7. IDXSMC-COM 17. TRADE 27.
9. IDXV30 19. 29.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

20
Current Assets 6,638,010 6,718,435 7,336,848 7,636,544 8,315,808
18
- - - - - -
Fixed Asset 4,824,369 5,306,989 5,541,768 5,682,365 5,781,219 16
- - - - - - 14
Total Assets 14,239,867 15,057,291 16,339,552 17,836,430 18,923,235 12
Trade Payable 349,272 586,055 311,632 204,790 124,780 10
Curr. Maturities - Bank Loans 3,373,221 153,565 435,623 595,269 783,603 8

- - - - - - 6
- - - - - - 4
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 1,427,610 1,427,610 1,427,610 1,427,610 1,504,979
14,462
Par Value 100 100 100 100 100 12,526
Total Equity 9,487,098 9,801,083 10,642,305 12,525,502 14,461,907 9,487 9,801
Revenues 6,730,276 7,052,686 7,443,905 8,353,365 7,956,238
Gross Profit 3,855,525 4,382,213 4,618,903 5,322,877 4,905,566
Finance Costs -193,744 -260,040 -352,721 -436,131 -422,210
EBT 2,152,932 2,415,650 2,103,569 2,939,118 2,339,661
Tax -669,977 -848,104 -497,948 -586,589 -468,633
2016 2017 2018 2019 2020
8,353
7,956
7,053
Net Cash - Investing -196,174 -726,609 -1,625,457 -1,332,132 -1,171,682

Net Cash - Financing -1,668,661 -1,501,353 -131,119 -481,111 101,738
Net Increase/Decrease in C&CE 100,718 -30,189 251,262 -89,378 309,326
C&CE, end of period 499,174 468,985 720,247 630,869 940,195
Current Ratio (%) 1.58 4.60 3.41 3.57 3.85
DAR (x) 0.33 0.35 0.35 0.30 0.24
DER (x) 0.50 0.54 0.54 0.42 0.31
EPS (IDR) n.a. n.a. 116.79 154.62 129.03 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 5.91 10.54 8.84

PBV (x) 1.79 1.87 0.93 1.86 1.19
ROA (%) 10.41 10.41 9.83 13.19 9.89 2,353
ROE (%) 15.63 15.99 15.09 18.78 12.94

GPM (%) 57.29 62.14 62.05 63.72 61.66 1,871
OPM (%) 34.65 37.80 36.81 39.01 35.45 1,568 1,606

1,483
NPM (%) 22.03 22.23 21.57 28.16 23.52
DPS (IDR) 0.00 42.00 15.00 15.00 0.00
DPR (%) n.a. n.a. 12.84 9.70 0.00
Dividend Yield (%) 0.00 3.27 2.17 0.92 0.00
2016 2017 2018 2019 2020

PGAS
Perusahaan Gas Negara Tbk

PGAS Perusahaan Gas Negara Tbk

Date: 29 Jan 2021 v2.0.0

PT Perusahaan Gas Negara Tbk has a main business field of Natural gas Established Listing Date IPO Price (IDR) IPO Lead Underwriter
distribution and transmission. The company's President Director and President PT Danareksa
Commisioner are Muhamad Haryo Yunianto and Arcandra Tahar. The largest 13 May 1965 15 Dec 2003 1,500 Sekuritas
shareholder of the company is PT Pertamina (Persero) (56.96%). The
percentage of public shareholding (<5%) is 43.04%. PT Perusahaan Gas Negara Stock Overview
Tbk has 6 subsidiaries. One of the biggest subsidiaries is PT Saka Energi
Indonesia. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=PGAS

Domestic 75,906.2 24,755.1
Foreign 12,381.4 1,711.3 A Energy A11 Oil & Gas
6%
Others 16.44% 10.04% A1 Oil, Gas & Coal A112 Oil & Gas Storage & Distribution
Year 2020 YTD 2021
Total 88,287.5 26,466.4
Fundamental & ESG
YTD 2021
-8.73x 0.67x 29.08 Medium
D 11,613.8 748.1 12,361.9
-2,225.4 31.3
Buy

D 33,253.5 5,812.3 39,065.8 "Foreign Buy-Domestic Sell" minus "Foreign Sell- PGAS Sector PER Market PER
Domestic Buy".
11.38x 22.07x

2020 F - Rp41.56 29-May-20 02-Jun-20 18-Jun-20 2008 SS 04-Aug-08 11,600 500:100 2,325 0.200
2019 F - Rp56.99 08-May-19 09-May-19 28-May-19 - - - - - - -
2018 F - Rp31.61 07-May-18 09-May-18 30-May-18 - - - - - - -
2017 F - Rp75.18 15-May-17 17-May-17 07-Jun-17 - - - - - - -
2014 F - Rp210.40 29-Apr-14 02-May-14 19-May-14 - - - - - - -
Industry Peers

1. PGAS Perusahaan Gas Negara Tbk 32,604.83 106,266,878 64,580,413 41,686,465 40,700,487 -3,043,405
2. AKRA AKR Corporindo Tbk 11,401.73 18,683,573 8,127,217 10,556,356 17,715,928 961,997
3. BULL Buana Lintas Lautan Tbk 4,752.96 11,679,007 6,741,801 4,937,205 2,742,417 532,633
4. INPS Indah Prakasa Sentosa Tbk 4,517.50 453,895 330,546 123,349 255,667 -17,301
5. HITS Humpuss Intermoda Transportasi 3,337.51 3,145,077 2,185,794 959,283 1,273,046 103,133
1. PGAS Perusahaan Gas Negara Tbk -8.73 0.67 -2.86 -7.30 0.61 1.55
2. AKRA AKR Corporindo Tbk 12.33 1.11 5.15 9.11 0.43 0.77
3. BULL Buana Lintas Lautan Tbk 9.36 0.96 4.56 10.79 0.58 1.37
4. INPS Indah Prakasa Sentosa Tbk -260.61 35.61 -3.81 -14.03 0.73 2.68
5. HITS Humpuss Intermoda Transportasi 54.02 3.16 3.28 10.75 0.69 2.28


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 PGAS*
-20.88%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 1,700 1,425 915 895 1,150 1,265 1,340 1,330 1,105 1,490 1,810 1,810
Lowest 1,280 605 735 790 885 1,110 1,200 925 920 1,050 1,390 1,345
Close 1,280 775 855 860 1,135 1,265 1,255 925 1,075 1,390 1,655 1,345
Adj. Close* 1,280 775 855 860 1,135 1,265 1,255 925 1,075 1,390 1,655 1,345
Growth (%) -39.45% 10.32% 0.58% 31.98% 11.45% -0.79% -26.29% 16.22% 29.30% 19.06% -18.73%
Volume (mill.) 1,808 2,380 3,270 2,871 5,509 2,737 1,995 2,721 2,705 3,768 5,985 7,971
Value (bill.) 2,721 2,177 2,721 2,447 5,827 3,241 2,515 2,983 2,759 4,892 10,011 13,233
Frequency (th.) 185 168 188 146 274 198 149 215 183 281 612 797
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Oil & Gas Storage & Distribution
Lowest 2,360 1,580 1,525 1,805 605
Close 2,405 1,750 2,120 2,170 1,655 1. PGAS 6.3% -18.7% -21.1% -48.5% -44.1%
Adj. Close* 2,405 1,750 2,120 2,170 1,655 2. AKRA -1.4% -10.7% -14.2% -54.4% 93.2%
Growth (%) -27.23% 21.14% 2.36% -23.73% 3. BULL 13.6% 5.1% 107.9% 91.2% 493.6%
4. INPS 291.5% 78.2% 73.8% n.a. n.a.
Shares Traded 2016 2017 2018 2019 2020 5. HITS -8.7% -3.3% -18.3% -33.8% -34.3%
Volume 13,420 11,717 24,981 13,020 36,696
Value 36,582 23,633 54,178 28,653 44,144 Note:
Index Membership

1. COMPOSITE 11. INFRASTRUC 21. SRI-KEHATI
2. IDX30 12. Investor33 22.
3. IDX80 13. ISSI 23.
4. IDXBUMN20 14. JII 24.
5. IDXENERGY 15. JII70 25.
6. IDXESGL 16. KOMPAS100 26.
7. IDXG30 17. LQ45 27.


Date: 29 Jan 2021 v2.0.0

Inventories 877,280 823,999 1,141,670 987,275 971,750 Asset Liabilities
140
Current Assets 28,547,123 24,495,434 35,971,218 30,950,369 28,291,609
- - - - - - 120
Fixed Asset 48,233,780 45,766,572 63,549,426 59,238,651 65,084,334
100
- - - - - -
Total Assets 91,823,679 85,259,312 115,452,910 102,826,430 106,266,878 80
Trade Payable 1,501,604 1,289,513 3,108,976 3,626,983 3,033,637
60
Curr. Maturities - Bank Loans 2,297,392 309,672 339,073 297,924 274,554
- - - - - - 40
- - - - - -

- - - - - -
Common Stocks 4,622,237 4,660,767 5,002,722 4,797,343 4,852,386 46,562
Par Value 100 100 100 100 100 45,102
Total Equity 42,594,718 43,176,296 46,561,895 45,102,326 41,686,465
43,176
Revenues 39,431,687 40,232,030 56,281,419 53,670,368 40,700,487
41,686
Gross Profit 11,916,925 10,800,896 19,042,752 17,115,660 12,051,557
Finance Costs -1,778,992 -1,993,929 -2,231,172 -2,406,149 -2,416,482
EBT 5,172,660 3,733,152 8,505,678 3,903,240 -2,473,390
Tax -1,026,527 -1,730,974 -3,203,103 -2,327,717 -570,015
2016 2017 2018 2019 2020
Profit/Loss for the period 4,146,133 2,002,178 5,302,575 1,575,523 -3,043,405
Profit/Loss Period Attributable 4,088,903 1,939,347 4,435,187 942,460 -3,734,631
Comprehensive Income 4,235,682 1,981,514 4,898,269 1,809,822 -2,980,202 Total Revenue (Bill. Rp)
Comprehensive Attributable 4,174,155 1,919,700 4,021,837 1,167,216 -3,669,477 56,281
53,670
39,432 40,232 40,700
Net Cash - Investing -6,725,085 -2,565,684 -10,528,766 -13,105,115 578,893
Net Cash - Financing 72,412 -8,777,193 -154,261 -2,163,468 -4,407,952
Net Increase/Decrease in C&CE 2,155,246 -3,513,428 2,680,653 -3,965,025 2,050,957
C&CE, end of period 17,521,125 13,904,704 19,126,139 14,508,050 16,630,423
Current Ratio (%) 2.61 3.87 1.54 1.98 1.70
DAR (x) 0.54 0.49 0.60 0.56 0.61
DER (x) 1.16 0.97 1.48 1.28 1.55
EPS (IDR) n.a. n.a. 208.89 124.11 -3.84 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 10.15 17.49 -431.39

PBV (x) 1.37 0.98 1.10 1.17 0.96
ROA (%) 4.52 2.35 4.59 1.53 -2.86 5,303
ROE (%) 9.73 4.64 11.39 3.49 -7.30 4,146
GPM (%) 30.22 26.85 33.83 31.89 29.61
OPM (%) 14.74 12.04 16.02 13.47 11.29
2,002
NPM (%) 10.51 4.98 9.42 2.94 -7.48 1,576
DPS (IDR) 0.00 75.18 31.61 56.99 41.56

DPR (%) n.a. n.a. 15.13 45.92 n.a.
Dividend Yield (%) 0.00 4.30 1.49 2.63 2.51
-3,043
2016 2017 2018 2019 2020

PTBA
Bukit Asam Tbk

PTBA Bukit Asam Tbk

Date: 29 Jan 2021 v2.0.0

PT Bukit Asam Tbk has a main business field of Coal mining. The company's Established Listing Date IPO Price (IDR) IPO Lead Underwriter
President Director and President Commisioner are Arsal Ismali and Agus PT Danareksa
Suhartono . The largest shareholder of the company is PT INDONESIA ASAHAN 02 Mar 1981 23 Dec 2002 575 Sekuritas
ALUMINIUM (PERSERO) (65.93%). The percentage of public shareholding
(<5%) is 33.78%. PT Bukit Asam Tbk has 25 subsidiaries. One of the biggest Stock Overview
subsidiaries is PT Huadian BukitAsam Power.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=PTBA

Domestic 43,203.6 7,868.5
Foreign 8,506.9 1,077.1 A Energy A12 Coal
Year 2020 YTD 2021
Total 51,710.6 8,945.7
Fundamental & ESG
YTD 2021
12.45x 1.79x 35.96 High
D 3,451.6 384.2 3,835.8
-1,159.2 197.0
Buy

D 18,461.5 3,719.9 22,181.4 "Foreign Buy-Domestic Sell" minus "Foreign Sell- PTBA Sector PER Market PER
Domestic Buy".
11.38x 22.07x

2020 F - Rp326.46 19-Jun-20 22-Jun-20 10-Jul-20 2017 SS 14-Dec-17 11,200 5:1 2,240 0.200
2019 F - Rp339.63 07-May-19 08-May-19 29-May-19 - - - - - - -
2018 F - Rp318.52 19-Apr-18 23-Apr-18 11-May-18 - - - - - - -
2017 F - Rp285.50 02-May-17 04-May-17 24-May-17 - - - - - - -
2016 F - Rp289.73 22-Apr-16 26-Apr-16 18-May-16 - - - - - - -
Industry Peers

2. BYAN Bayan Resources Tbk 48,333.34 22,846,221 10,694,005 12,152,216 19,678,073 4,858,606
3. ADRO Adaro Energy Indonesia Tbk 38,383.15 90,011,988 34,273,062 55,738,926 35,753,946 2,235,713
2. BYAN Bayan Resources Tbk 10.42 5.41 21.27 39.98 0.47 0.88
3. ADRO Adaro Energy Indonesia Tbk 18.52 0.66 2.48 4.01 0.38 0.61

PTBA Bukit Asam Tbk

Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 PTBA*
18.89%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 2,490 2,470 2,160 2,090 2,470 2,170 2,130 2,150 2,050 2,410 3,170 3,040
Lowest 2,170 1,485 1,780 1,815 2,020 2,030 1,975 1,900 1,950 1,935 2,430 2,580
Close 2,240 2,180 1,875 1,945 2,020 2,030 2,040 1,970 1,960 2,360 2,810 2,580
Adj. Close* 2,240 2,180 1,875 1,945 2,020 2,030 2,040 1,970 1,960 2,360 2,810 2,580
Growth (%) -2.68% -13.99% 3.73% 3.86% 0.50% 0.49% -3.43% -0.51% 20.41% 19.07% -8.19%
Volume (mill.) 471 802 413 1,021 2,600 1,189 699 509 381 1,227 1,576 1,585
Value (bill.) 1,095 1,605 813 2,000 5,876 2,502 1,446 1,031 761 2,739 4,421 4,473
Frequency (th.) 77 164 96 129 338 188 120 105 84 221 373 395
Days 20 21 21 16 21 22 18 22 19 21 19 20
Lowest 4,165 2,240 2,440 2,150 1,485
Close 4,450 2,460 4,300 2,660 2,810 1. PTBA 27.1% -8.2% 16.7% -24.1% 189.9%
Adj. Close* 890 492 4,300 2,660 2,810 2. BYAN 9.6% -6.3% -4.6% 35.5% 80.7%
Growth (%) -44.72% 773.98% -38.14% 5.64% 3. ADRO 10.6% -16.1% -2.0% -51.0% 128.6%
4. GEMS 0.0% 0.0% 0.0% 0.0% 54.5%
Shares Traded 2016 2017 2018 2019 2020 5. ITMG 55.1% -11.6% 21.9% -59.6% 154.7%
Volume 1,198 1,158 9,020 7,343 11,504
Value 10,211 10,497 34,621 22,668 25,855 Note:
Index Membership

1. BISNIS-27 11. IDXSMC-LIQ 21. MNC36
2. COMPOSITE 12. IDXV30 22.
3. IDX30 13. Investor33 23.
4. IDX80 14. ISSI 24.
5. IDXBUMN20 15. JII 25.
6. IDXENERGY 16. JII70 26.
7. IDXG30 17. KOMPAS100 27.
8. IDXHIDIV20 18. LQ45 28.
9. IDXQ30 19. MBX 29.
10. IDXSMC-COM 20. MINING 30.

PTBA Bukit Asam Tbk

Date: 29 Jan 2021 v2.0.0

Inventories 1,102,290 1,156,012 1,551,135 1,383,064 805,436 Asset Liabilities
30
Current Assets 8,349,927 11,117,745 11,739,344 11,679,884 8,364,356
- - - - - -
25
Fixed Asset 6,087,746 6,199,299 6,547,586 7,272,751 7,863,615
- - - - - - 20
Total Assets 18,576,774 21,987,482 24,172,933 26,098,052 24,056,755
Trade Payable 539,440 886,423 1,047,997 1,020,094 697,381 15

- - - - - - 10
- - - - - -
5
Long-term Bank Loans 167,346 35,931 233,488 10,121 5,993 -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 1,152,066 1,152,066 1,152,066 1,152,066 1,152,066
18,423
16,270
Par Value 500 500 100 100 100
Total Equity 10,552,405 13,799,985 16,269,696 18,422,826 16,939,196
10,552
Revenues 14,058,869 19,471,030 21,166,993 21,787,564 17,325,192
Gross Profit 4,401,469 8,506,506 8,545,793 7,611,504 4,566,260
Finance Costs -148,835 -103,589 -103,543 -127,670 -132,515
EBT 2,733,799 6,101,629 6,858,075 5,455,162 3,231,685
Tax -709,394 -1,554,397 -1,736,963 -1,414,768 -823,758
2016 2017 2018 2019 2020
21,788
19,471
17,325
Net Cash - Investing -315,119 -536,264 -1,576,781 -3,784,778 113,585
Net Increase/Decrease in C&CE 602,093 -127,663 2,705,873 -1,521,490 -455,945

C&CE, end of period 3,674,687 3,555,406 6,301,163 4,756,801 4,340,947
Current Ratio (%) 1.66 2.46 2.38 2.49 2.16
DAR (x) 0.43 0.37 0.33 0.29 0.30
DER (x) 0.76 0.59 0.49 0.42 0.42
EPS (IDR) n.a. n.a. 501.75 364.16 232.96 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 8.57 7.30 12.06

PBV (x) 0.97 2.05 3.04 1.66 1.91
ROA (%) 10.90 20.68 21.19 15.48 10.01
ROE (%) 19.18 32.95 31.48 21.93 14.22 5,121
GPM (%) 31.31 43.69 40.37 34.94 26.36 4,547

4,040
OPM (%) 18.46 32.16 28.10 22.25 14.05
NPM (%) 14.40 23.35 24.19 18.54 13.90
DPS (IDR) 289.73 285.50 318.52 339.63 326.46
2,408
DPR (%) n.a. n.a. 63.48 93.27 140.14 2,024
Dividend Yield (%) 6.51 11.61 7.41 12.77 11.62
2016 2017 2018 2019 2020

PTPP
PP (Persero) Tbk
PTPP PP (Persero) Tbk

Date: 29 Jan 2021 v2.0.0

PT PP (Persero) Tbk has a main business field of Construction services. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Novel Arsyad and PT Mandiri Sekuritas
Andi Gani Nena Wea. The largest shareholder of the company is Republic of 26 Aug 1953 09 Feb 2010 560
Indonesia (51.00%). The percentage of public shareholding (<5%) is 49.00%. PT
PP (Persero) Tbk has 8 subsidiaries. One of the biggest subsidiaries is PT PP Stock Overview
Properti Tbk.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=PTPP

Domestic 24,809.8 9,870.8
Foreign 1,968.4 761.4 J Infrastructures J21 Heavy Constructions & Civil
Individual 8.22% 3.44% Engineering

7% 7%
Others 21.09% 6.46% J2 Heavy Constructions & Civil J211 Heavy Constructions & Civil
Year 2020 YTD 2021 Engineering Engineering
Total 26,778.1 10,632.2
Fundamental & ESG
YTD 2021
78.73x 0.71x 39.18 High
D 4,583.9 346.1 4,930.0
-405.6 10.8
Buy

D 11,497.8 1,109.9 12,607.7 "Foreign Buy-Domestic Sell" minus "Foreign Sell- PTPP Sector PER Market PER
Domestic Buy".
29.71x 22.07x

2020 F - Rp33.84 15-Jun-20 16-Jun-20 07-Jul-20 2016 RI 02-Dec-16 4,200 500000:140163 3,990 0.950
2019 F - Rp48.45 10-May-19 13-May-19 29-May-19 - - - - - - -
2018 F - Rp46.88 07-May-18 09-May-18 25-May-18 - - - - - - -
2017 F - Rp49.52 24-Mar-17 29-Mar-17 13-Apr-17 - - - - - - -
2015 F - Rp21.97 29-May-15 03-Jun-15 18-Jun-15 - - - - - - -
Industry Peers

1. PTPP PP (Persero) Tbk 10,136.83 53,472,451 39,465,461 14,006,990 15,831,388 266,270
2. WSKT Waskita Karya (Persero) Tbk 19,207.14 105,588,960 89,011,405 16,577,555 16,190,457 -9,495,726
3. WIKA Wijaya Karya (Persero) Tbk 16,145.91 68,109,185 51,451,760 16,657,425 16,536,382 322,343
4. JKON Jaya Konstruksi Manggala Pratama 5,283.96 4,565,315 1,882,248 2,683,067 3,013,779 51,834
5. ADHI Adhi Karya (Persero) Tbk 4,860.56 38,093,889 32,519,078 5,574,810 10,827,682 23,703
1. PTPP PP (Persero) Tbk 78.73 0.71 0.50 1.90 0.74 2.82
2. WSKT Waskita Karya (Persero) Tbk -2.60 0.81 -8.99 -57.28 0.84 5.37
3. WIKA Wijaya Karya (Persero) Tbk 86.92 1.00 0.47 1.94 0.76 3.09
4. JKON Jaya Konstruksi Manggala Pratama 99.77 2.03 1.14 1.93 0.41 0.70
5. ADHI Adhi Karya (Persero) Tbk 202.72 0.87 0.06 0.43 0.85 5.83


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 PTPP*
18.48%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 1,495 1,170 775 725 935 1,070 1,040 985 935 1,400 1,920 2,230
Lowest 1,195 486 515 610 740 880 890 810 805 890 1,395 1,635
Close 1,205 550 670 725 870 975 970 825 915 1,360 1,865 1,635
Adj. Close* 1,205 550 670 725 870 975 970 825 915 1,360 1,865 1,635
Growth (%) -54.36% 21.82% 8.21% 20.00% 12.07% -0.51% -14.95% 10.91% 48.63% 37.13% -12.33%
Volume (mill.) 425 1,009 1,391 608 1,612 1,658 994 605 591 1,455 1,884 2,686
Value (bill.) 578 782 950 410 1,394 1,647 975 534 532 1,656 3,253 5,316
Frequency (th.) 56 80 105 49 119 134 83 63 55 125 233 366
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Heavy Constructions & Civil Engineering
Lowest 3,795 2,390 1,330 1,350 486
Close 3,900 2,640 1,805 1,585 1,865 1. PTPP 67.7% -12.3% 18.5% -47.8% -58.1%
Adj. Close* 3,900 2,640 1,805 1,585 1,865 2. WSKT 126.4% -1.7% 15.0% -50.0% -8.2%
Growth (%) -32.31% -31.63% -12.19% 17.67% 3. WIKA 51.3% -9.3% -4.8% -13.5% -35.7%
4. JKON -10.0% -19.0% -33.6% -40.0% -61.7%
Shares Traded 2016 2017 2018 2019 2020 5. ADHI 127.5% -11.1% 32.5% -38.8% -46.5%
Volume 2,591 4,954 4,515 5,897 12,657
Value 10,415 15,048 9,977 11,837 13,389 Note:
Index Membership

2. I-GRADE 12. JII70 22.
3. IDX80 13. KOMPAS100 23.
4. IDXBUMN20 14. LQ45 24.
5. IDXINFRA 15. MBX 25.
6. IDXSMC-COM 16. PROPERTY 26.
8. IDXV30 18. SRI-KEHATI 28.
9. Investor33 19. 29.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

70
Current Assets 24,344,025 29,907,849 37,534,483 41,704,590 33,924,939
Fixed Asset 4,177,883 5,789,644 7,687,529 7,424,559 7,117,087
50
- - - - - -
Total Assets 31,232,767 41,782,781 52,549,151 59,165,548 53,472,451 40
Trade Payable 10,237,242 14,506,169 19,571,489 21,163,720 15,526,186
30
Curr. Maturities - Bonds Payable - 699,871 200,000 299,992 2,112,313 20
Curr. Maturities - Sukuk - - 200,000 1,230,000 680,000

Long-term Bonds Payable 1,597,559 898,911 3,010,088 5,292,240 3,593,489 2016 2017 2018 2019 2020
Long-term Sukuk - - 1,710,000 600,000 150,000
Common Stocks 619,990 619,990 619,990 619,990 619,990
16,316
Par Value 100 100 100 100 100
Total Equity 10,796,158 14,243,110 16,315,612 17,326,133 14,006,990

10,796
Revenues 16,458,884 21,502,260 25,119,560 24,659,999 15,831,388
Gross Profit 2,455,530 3,251,462 3,545,924 3,485,115 2,173,458
Finance Costs - -653,253 -759,838 -782,155 -894,583
EBT 1,703,610 1,792,262 2,003,091 1,239,763 755,672
Tax -552,178 -68,409 -44,098 -31,493 -489,403
2016 2017 2018 2019 2020
Comprehensive Attributable 1,149,004 1,522,097 1,602,553 947,308 95,778
Net Cash - Operating 986,831 1,462,722 716,128 300,140 -268,990 21,502
Net Cash - Financing 6,899,358 2,695,858 2,542,396 3,195,453 2,067,004 16,459 15,831
Net Increase/Decrease in C&CE 6,059,902 255,096 -780,320 470,500 -1,586,024
C&CE, end of period 9,125,169 9,383,494 8,647,427 9,105,082 7,512,098
Current Ratio (%) 1.53 1.44 1.42 1.37 1.21
DAR (x) 0.65 0.66 0.69 0.71 0.74
DER (x) 1.89 1.93 2.22 2.41 2.82
EPS (IDR) n.a. n.a. 215.78 184.93 70.56 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 8.36 8.57 26.43

PBV (x) 2.24 1.15 0.69 0.57 0.83
ROA (%) 3.69 4.13 3.73 2.04 0.50
ROE (%) 10.67 12.10 12.01 6.97 1.90
1,959
GPM (%) 14.92 15.12 14.12 14.13 13.73
1,724
OPM (%) 11.96 11.74 9.52 10.00 8.22
NPM (%) 7.00 8.02 7.80 4.90 1.68
1,208
DPS (IDR) 0.00 49.52 46.88 48.45 33.84 1,151
DPR (%) n.a. n.a. 21.72 26.20 47.96

Dividend Yield (%) 0.00 1.88 2.60 3.06 1.81

2016 2017 2018 2019 2020

PWON
Pakuwon Jati Tbk

PWON Pakuwon Jati Tbk

Date: 29 Jan 2021 v2.0.0

PT Pakuwon Jati Tbk has a main business field of Property and real estate. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are A. Stefanus PT (Persero)
Ridwan Suhendra and Alexander Tedja. The largest shareholder of the company 20 Sep 1982 09 Oct 1989 7,300 Danareksa
is PAKUWON ARTHANIAGA (68.68%). The percentage of public shareholding
(<5%) is 31.32%. PT Pakuwon Jati Tbk has 13 subsidiaries. One of the biggest Stock Overview
subsidiaries is PT Pakuwon Permai.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=PWON

Domestic 17,632.2 1,982.5
Total 24,860.8 2,468.7
Fundamental & ESG
YTD 2021
24.96x 1.35x 26.92 Medium
D 789.0 217.2 1,006.2
-421.8 -29.9
Buy

D 6,734.2 2,292.8 9,027.0 "Foreign Buy-Domestic Sell" minus "Foreign Sell- PWON Sector PER Market PER
Domestic Buy".
24.87x 22.07x

2019 F - Rp7.00 04-Jul-19 05-Jul-19 26-Jul-19 2012 SS 30-Mar-12 810 4:1 205 0.250
2018 F - Rp6.00 04-Jul-18 06-Jul-18 27-Jul-18 2011 RI 09-Dec-11 830 5:1 800 0.964
2017 F - Rp4.50 12-Jun-17 14-Jun-17 06-Jul-17 2008 BS 21-Jul-08 570 10:3 440 0.769
2016 F - Rp4.50 12-Jul-16 14-Jul-16 29-Jul-16 2007 SS 19-Sep-07 2,800 5:1 560 0.200
2015 F - Rp4.50 03-Jul-15 07-Jul-15 29-Jul-15 1996 SS 29-Jan-96 1,675 2:1 840 0.500
Industry Peers

2. MKPI Metropolitan Kentjana Tbk 27,307.99 7,622,918 2,015,619 5,607,299 1,219,794 231,114
5. MPRO Maha Properti Indonesia Tbk 14,814.33 1,770,239 401,817 1,368,422 127,195 12,774
2. MKPI Metropolitan Kentjana Tbk 118.08 4.92 3.03 4.12 0.26 0.36
5. MPRO Maha Properti Indonesia Tbk 246.85 10.87 0.72 0.93 0.23 0.29


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 PWON*
-5.49%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 600 560 424 400 480 428 428 410 416 530 575 590
Lowest 510 268 312 326 384 406 376 344 344 412 510 476
Close 530 308 378 362 416 424 408 354 414 500 510 482
Adj. Close* 530 308 378 362 416 424 408 354 414 500 510 482
Growth (%) -41.89% 22.73% -4.23% 14.92% 1.92% -3.77% -13.24% 16.95% 20.77% 2.00% -5.49%
Volume (mill.) 860 1,342 1,716 3,320 4,909 3,059 2,619 2,163 2,278 3,112 2,501 2,355
Value (bill.) 476 538 653 1,201 2,150 1,288 1,053 794 893 1,468 1,343 1,234
Frequency (th.) 57 79 106 99 210 131 138 110 106 162 181 180
Days 20 21 21 16 21 22 18 22 19 21 19 20
Highest 496 685 715 790 600 No. Code 6M YTD 1Y 3Y 5Y
Lowest 427 540 438 560 268
Close 448 685 620 570 510 1. PWON 13.7% -5.5% -7.3% -32.1% 7.6%
Adj. Close* 448 685 620 570 510 2. MKPI 95.9% 2.9% 77.8% -13.5% 70.7%
Growth (%) 52.90% -9.49% -8.06% -10.53% 3. BSDE 63.0% -8.2% 0.9% -38.2% -35.0%
4. CTRA 37.4% -8.6% 0.6% -33.8% -29.1%
Shares Traded 2016 2017 2018 2019 2020 5. MPRO 79.5% -14.4% -1.3% n.a. n.a.
Volume 23,230 10,825 10,464 11,508 28,896
Value 13,889 6,662 6,002 7,682 12,430 Note:
Index Membership

1. BISNIS-27 11. JII 21.
3. IDX80 13. KOMPAS100 23.
4. IDXESGL 14. LQ45 24.
5. IDXPROPERT 15. MBX 25.
6. IDXQ30 16. MNC36 26.
7. IDXSMC-COM 17. PROPERTY 27.
9. Investor33 19. 29.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

30
Current Assets 6,126,853 8,427,606 9,472,788 9,642,587 8,590,024
Investment Properties 10,464,728 10,779,118 11,189,061 11,185,724 12,367,265
25
Fixed Asset 1,699,652 1,681,938 1,732,817 2,075,840 2,355,149
- - - - - - 20
Total Assets 20,674,142 23,358,718 25,018,080 26,095,153 26,458,805
Trade Payable 211,649 364,135 295,782 334,051 347,560 15

- - - - - - 10
- - - - - -
5
Long-term Bank Loans 1,811,518 1,692,367 1,359,539 447,485 49,961 -
- - - - - -
Common Stocks 1,203,990 1,203,990 1,203,990 1,203,990 1,203,990
18,096
Par Value 25 25 25 25 25 15,312

12,791
Total Equity 11,019,694 12,791,490 15,311,681 18,095,643 17,598,695
11,020
Revenues 4,841,105 5,717,538 7,080,668 7,202,001 3,977,211
Gross Profit 2,753,526 3,364,102 4,050,309 4,057,835 1,940,893
Finance Costs -341,692 -336,288 -273,448 -227,534 -294,858
EBT 1,731,764 2,071,692 2,853,882 3,270,698 1,148,979
Tax 48,491 -47,065 -26,946 -30,902 -29,866
2016 2017 2018 2019 2020
7,081 7,202
Net Cash - Investing -1,141,363 -1,030,777 -851,599 -885,809 -1,760,922 4,841
Net Cash - Financing 165,358 -257,290 -424,767 -1,045,528 -1,084,360
3,977
Net Increase/Decrease in C&CE 348,698 970,172 1,088,477 -160,938 -1,426,179
C&CE, end of period 2,448,187 3,413,529 4,462,942 4,318,374 2,895,632
Current Ratio (%) 1.33 1.72 2.31 2.86 1.98
DAR (x) 0.47 0.45 0.39 0.31 0.33
DER (x) 0.88 0.83 0.63 0.44 0.50
EPS (IDR) n.a. n.a. 105.38 60.48 24.30 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 5.88 9.42 20.99

PBV (x) 1.96 2.58 1.95 1.52 1.40
ROA (%) 8.61 8.67 11.30 12.42 4.23 3,240
ROE (%) 16.16 15.83 18.46 17.90 6.36 2,827
GPM (%) 56.88 58.84 57.20 56.34 48.80
OPM (%) 46.68 48.88 48.85 47.92 37.73
2,025
NPM (%) 36.77 35.41 39.92 44.98 28.14
1,780
DPS (IDR) 4.50 4.50 6.00 7.00 0.00
DPR (%) n.a. n.a. 5.69 11.57 0.00 1,119
Dividend Yield (%) 1.00 0.66 0.97 1.23 0.00
2016 2017 2018 2019 2020

SMGR
Semen Indonesia (Persero) Tbk

SMGR Semen Indonesia (Persero) Tbk

Date: 29 Jan 2021 v2.0.0

PT Semen Indonesia (Persero) Tbk has a main business field of Cement Established Listing Date IPO Price (IDR) IPO Lead Underwriter
manufacturer. The company's President Director and President Commisioner are PT Buanamas
Donny Arsal and Rudiantara. The largest shareholder of the company is 25 Mar 1953 08 Jul 1991 7,000 Investindo
Pemerintah RI (51.01%). The percentage of public shareholding (<5%) is
48.99%. PT Semen Indonesia (Persero) Tbk has 36 subsidiaries. One of the Stock Overview
biggest subsidiaries is PT Semen Indonesia Industri Bangunan.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=SMGR

Domestic 16,497.4 2,052.0
50% 57% Institution 59.31% 54.99%
Foreign 16,637.2 1,556.9 B Basic Materials B12 Construction Materials
50% 43% Individual 0.14% 0.17%
Others 19.71% 25.77% B1 Basic Materials B121 Construction Materials
Year 2020 YTD 2021
Total 33,134.6 3,608.8
Fundamental & ESG
YTD 2021
22.52x 1.78x 28.16 Medium
D 639.7 485.1 1,124.7
-251.2 -197.5
Buy

D 4,531.8 3,842.5 8,374.3 "Foreign Buy-Domestic Sell" minus "Foreign Sell- SMGR Sector PER Market PER
Domestic Buy".
17.47x 22.07x

2020 F - Rp40.33 30-Jun-20 01-Jul-20 23-Jul-20 2007 SS 07-Aug-07 51,200 10:1 5,150 0.100
2019 F - Rp207.64 10-Jun-19 11-Jun-19 21-Jun-19 1995 RI 26-Jul-95 15,100 1:3 6,250 0.413
2018 F - Rp135.83 09-May-18 14-May-18 31-May-18 - - - - - - -
2016 F - Rp304.91 23-May-16 25-May-16 16-Jun-16 - - - - - - -
2015 F - Rp375.34 24-Apr-15 28-Apr-15 20-May-15 - - - - - - -
Industry Peers

1. SMGR Semen Indonesia (Persero) Tbk 62,874.11 78,006,244 42,352,909 35,653,335 35,171,668 2,674,343
2. INTP Indocement Tunggal Prakarsa Tbk 49,236.47 27,344,672 5,168,424 22,176,248 14,184,322 1,806,337
3. SMCB Solusi Bangun Indonesia Tbk 13,448.39 20,738,125 13,171,946 7,566,179 10,108,220 650,988
4. SMBR Semen Baturaja (Persero) Tbk 7,995.69 5,737,176 2,329,287 3,407,889 1,721,907 10,982
5. WSBP Waskita Beton Precast Tbk 6,590.29 10,557,551 9,400,121 1,157,429 2,211,413 -4,759,959
1. SMGR Semen Indonesia (Persero) Tbk 22.52 1.78 3.43 7.50 0.54 1.19
2. INTP Indocement Tunggal Prakarsa Tbk 27.26 2.20 6.61 8.15 0.19 0.23
3. SMCB Solusi Bangun Indonesia Tbk 20.66 1.82 3.14 8.60 0.64 1.74
4. SMBR Semen Baturaja (Persero) Tbk 727.90 2.39 0.19 0.32 0.41 0.68
5. WSBP Waskita Beton Precast Tbk -1.38 1.14 -45.09 -411.25 0.89 8.12


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 SMGR*
-11.67%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 12,400 11,200 8,125 9,800 10,150 9,950 10,675 11,000 9,650 12,100 12,925 12,650
Lowest 10,475 5,875 5,900 7,450 9,225 9,225 9,125 8,800 9,100 8,925 11,475 10,600
Close 10,475 7,625 7,950 9,800 9,625 9,225 10,550 9,175 9,575 11,700 12,425 10,600
Adj. Close* 10,475 7,625 7,950 9,800 9,625 9,225 10,550 9,175 9,575 11,700 12,425 10,600
Growth (%) -27.21% 4.26% 23.27% -1.79% -4.16% 14.36% -13.03% 4.36% 22.19% 6.20% -14.69%
Volume (mill.) 138 192 221 154 115 98 136 123 102 192 113 149
Value (bill.) 1,606 1,508 1,563 1,310 1,097 931 1,336 1,171 958 2,051 1,381 1,804
Frequency (th.) 60 86 107 67 63 49 55 53 37 97 77 87
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Construction Materials
Lowest 10,050 8,600 6,725 10,475 5,875
Close 11,050 9,900 11,500 12,000 12,425 1. SMGR 14.9% -14.7% -11.3% -4.9% -4.1%
Adj. Close* 11,050 9,900 11,500 12,000 12,425 2. INTP 8.1% -7.6% -18.8% -38.6% -32.1%
Growth (%) -10.41% 16.16% 4.35% 3.54% 3. SMCB 71.2% 21.9% 75.5% 95.0% 93.9%
4. SMBR 63.6% -24.4% 156.4% -78.2% 163.9%
Shares Traded 2016 2017 2018 2019 2020 5. WSBP 25.6% -8.8% -3.8% -47.3% n.a.
Volume 2,454 1,543 2,014 2,178 1,717
Value 24,455 15,051 19,276 26,928 16,567 Note:
Index Membership

1. BASIC-IND 11. JII 21.
2. BISNIS-27 12. JII70 22.
4. I-GRADE 14. LQ45 24.
6. IDX80 16. MBX 26.
7. IDXBASIC 17. SMinfra18 27.
8. IDXBUMN20 18. SRI-KEHATI 28.
9. Investor33 19. 29.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

90
Current Assets 10,373,159 13,801,819 16,007,686 16,658,531 15,564,604
Fixed Asset 30,846,750 32,523,310 32,748,896 56,601,702 56,053,483 70

- - - - - - 60
Total Assets 44,226,896 48,963,503 51,155,890 79,807,067 78,006,244
50
Trade Payable 4,077,757 4,927,077 4,476,149 5,669,759 6,520,699
40
Curr. Maturities - Bank Loans 866,544 602,177 83,739 2,052,348 1,100,000
- - - - - - 30
- - - - - - 20

Long-term Bonds Payable - 2,993,704 2,994,902 7,065,345 7,069,229 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 593,152 593,152 593,152 593,152 593,152
Par Value 100 100 100 100 100
Total Equity 30,574,391 30,439,052 32,736,296 33,891,924 35,653,335 32,736
Revenues 26,134,306 27,813,664 30,687,626 40,368,107 35,171,668 30,574 30,439
Gross Profit 9,855,872 7,959,599 9,330,530 12,713,983 11,617,101
Finance Costs -363,493 -756,448 -959,259 -3,205,298 -2,320,781
EBT 5,084,622 2,746,546 4,104,959 3,195,775 3,488,650
Tax -549,585 -703,520 -1,019,255 -824,542 -814,307
2016 2017 2018 2019 2020
40,368
35,172
30,688
26,134
Net Cash - Financing -780,378 1,548,165 -1,064,938 10,284,852 -6,003,196
Net Increase/Decrease in C&CE -1,129,574 803,316 1,607,970 -1,266,765 -1,033,133
C&CE, end of period 2,834,444 3,637,760 5,245,731 3,950,448 2,930,598
Current Ratio (%) 1.27 1.57 1.95 1.36 1.35
DAR (x) 0.31 0.38 0.36 0.58 0.54
DER (x) 0.45 0.61 0.56 1.35 1.19
EPS (IDR) n.a. n.a. 445.36 385.52 444.91 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 25.82 31.13 27.93

PBV (x) 2.14 1.93 2.08 2.10 2.07
ROA (%) 10.25 4.17 6.03 2.97 3.43 4,535
ROE (%) 14.83 6.71 9.43 7.00 7.50
GPM (%) 37.71 28.62 30.40 31.50 33.03
OPM (%) 19.03 11.24 15.55 15.09 16.07 3,086
NPM (%) 17.35 7.35 10.06 5.87 7.60 2,674
2,371
DPS (IDR) 304.91 0.00 135.83 207.64 40.33
2,043
DPR (%) n.a. n.a. 30.50 53.86 9.06
Dividend Yield (%) 2.76 0.00 1.18 1.73 0.32
2016 2017 2018 2019 2020

SMRA
Summarecon Agung Tbk

SMRA Summarecon Agung Tbk

Date: 29 Jan 2021 v2.0.0

PT Summarecon Agung Tbk has a main business field of Property and real Established Listing Date IPO Price (IDR) IPO Lead Underwriter
estate. The company's President Director and President Commisioner are Ir. PT Danareksa
Adrianto Pitoyo Adhi and Soetjipto Nagaria. The largest shareholder of the 26 Nov 1975 07 May 1990 6,800 Sekuritas
company is Public (<5%) (66.17%). PT Summarecon Agung Tbk has 11
subsidiaries. One of the biggest subsidiaries is PT Summarecon Property Stock Overview
Development.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=SMRA

Domestic 13,475.6 1,638.7

Total 16,942.8 1,937.7
Fundamental & ESG
YTD 2021
55.75x 1.08x 29.15 Medium
D 690.0 193.2 883.2
-797.2 -127.6
Buy

D 5,690.9 1,445.6 7,136.4 "Foreign Buy-Domestic Sell" minus "Foreign Sell- SMRA Sector PER Market PER
Domestic Buy".
24.87x 22.07x

2019 F - Rp5.00 01-Jul-19 02-Jul-19 19-Jul-19 2013 BS 27-Jun-13 2,300 1:1 1,150 0.500
2018 F - Rp5.00 26-Jun-18 28-Jun-18 20-Jul-18 2008 BS 22-May-08 750 1:1 375 0.500
2017 F - Rp5.00 03-Jul-17 05-Jul-17 19-Jul-17 2007 RI 18-Jun-07 1,570 6:1 1,480 0.939
2016 F - Rp5.00 01-Jul-16 12-Jul-16 27-Jul-16 2006 BS 14-Jul-06 1,220 5:2 880 0.714
2015 F - Rp20.00 18-Jun-15 22-Jun-15 10-Jul-15 2002 SS 12-Aug-02 525 5:1 105 0.200
Industry Peers

1. SMRA Summarecon Agung Tbk 10,026.61 24,922,534 15,836,846 9,085,689 5,029,984 245,909
2. LPKR Lippo Karawaci Tbk 12,407.15 51,865,480 28,291,825 23,573,655 11,810,955 -9,637,220
3. DMAS Puradelta Lestari Tbk 10,507.19 6,752,233 1,224,176 5,528,057 2,629,300 1,348,575
4. PLIN Plaza Indonesia Realty Tbk 8,697.50 11,815,911 1,162,325 10,653,587 927,495 -575,177
5. INPP Indonesian Paradise Property Tbk 7,603.74 7,657,106 1,885,065 5,772,041 397,050 -483,535
1. SMRA Summarecon Agung Tbk 55.75 1.08 0.99 2.71 0.64 1.74
2. LPKR Lippo Karawaci Tbk -1.40 0.40 -18.58 -40.88 0.55 1.20
3. DMAS Puradelta Lestari Tbk 7.80 1.85 19.97 24.40 0.18 0.22
4. PLIN Plaza Indonesia Realty Tbk -15.12 0.75 -4.87 -5.40 0.10 0.11
5. INPP Indonesian Paradise Property Tbk -15.86 1.20 -6.31 -8.38 0.25 0.33


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 SMRA*
-15.24%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 930 855 540 464 690 645 660 660 665 855 900 880
Lowest 820 400 356 416 478 570 525 520 550 625 780 695
Close 840 400 444 464 585 600 645 555 660 820 805 695
Adj. Close* 840 400 444 464 585 600 645 555 660 820 805 695
Growth (%) -52.38% 11.00% 4.50% 26.08% 2.56% 7.50% -13.95% 18.92% 24.24% -1.83% -13.66%
Volume (mill.) 293 662 992 502 1,399 1,376 1,742 1,062 1,867 1,207 1,713 1,212
Value (bill.) 260 341 451 221 856 837 1,022 613 1,118 910 1,431 969
Frequency (th.) 32 44 71 38 84 77 73 42 62 103 142 112
Days 20 21 21 16 21 22 18 22 19 21 19 20
Lowest 1,430 830 555 805 356
Close 1,445 945 805 1,005 805 1. SMRA 15.8% -13.7% -17.8% -37.9% -51.9%
Adj. Close* 1,445 945 805 1,005 805 2. LPKR 26.8% -18.2% -23.9% -59.9% -79.1%
Growth (%) -34.60% -14.81% 24.84% -19.90% 3. DMAS -0.9% -11.4% -21.6% 9.0% 6.3%
4. PLIN -9.3% 0.0% -22.2% -23.9% -38.8%
Shares Traded 2016 2017 2018 2019 2020 5. INPP -2.9% -6.8% -32.3% 9.7% 106.7%
Volume 7,236 7,029 4,583 4,981 13,242
Value 11,635 8,015 3,940 5,424 8,471 Note:
Index Membership

2. I-GRADE 12. LQ45 22.
3. IDX80 13. MBX 23.
5. IDXPROPERT 15. PROPERTY 25.
8. Investor33 18. 28.
9. ISSI 19. 29.
10. JII70 20. 30.


Date: 29 Jan 2021 v2.0.0

30
Current Assets 8,698,817 9,158,269 10,507,809 11,150,745 11,888,918
Investment Properties 4,486,694 4,461,323 4,385,919 4,356,719 4,382,561
25
Fixed Asset 451,343 421,579 376,729 338,339 331,696
- - - - - - 20
Total Assets 20,810,320 21,662,712 23,299,242 24,441,657 24,922,534
Trade Payable 57,614 80,937 76,741 86,134 80,677 15
Curr. Maturities - Bank Loans 361,511 591,350 833,071 1,216,411 884,990

Curr. Maturities - Bonds Payable - 897,400 1,098,443 1,296,211 413,521 10
- - - - - -
5
Long-term Bonds Payable 2,481,962 2,385,824 1,701,540 1,107,125 697,130 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 1,442,678 1,442,678 1,442,678 1,442,678 1,442,678
Par Value 100 100 100 100 100 9,451
9,061 9,086
Total Equity 8,165,555 8,353,742 9,060,705 9,451,360 9,085,689
Revenues 5,397,949 5,640,752 5,661,360 5,941,626 5,029,984 8,354
Gross Profit 2,598,411 2,567,163 2,738,883 2,850,056 2,292,076 8,166
Finance Costs -633,528 -2,297 -1,560 -5,202 -2,467
EBT 877,505 798,948 950,310 922,920 439,768
Tax -272,454 -266,510 -259,687 -309,899 -193,858
2016 2017 2018 2019 2020
Comprehensive Income 595,879 509,452 707,802 634,225 232,411 Total Revenue (Bill. Rp)
5,942
Net Cash - Operating 71,074 -370,351 -119,021 504,744 -22,932 5,661
5,641
Net Cash - Investing -799,148 -442,873 -340,767 -581,172 -479,434
Net Cash - Financing 1,300,730 256,289 519,598 217,004 494,424 5,398
Net Increase/Decrease in C&CE 572,655 -556,935 59,810 140,576 -7,942

C&CE, end of period 2,076,201 1,482,321 1,533,562 1,664,424 1,656,482 5,030
Current Ratio (%) 2.06 1.46 1.45 1.24 1.42
DAR (x) 0.61 0.61 0.61 0.61 0.64
DER (x) 1.55 1.59 1.57 1.59 1.74
EPS (IDR) n.a. n.a. 30.91 38.81 13.04 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 26.04 25.89 61.73

PBV (x) 2.55 1.63 1.28 1.53 1.28
ROA (%) 2.91 2.46 2.96 2.51 0.99
ROE (%) 7.41 6.37 7.62 6.49 2.71 691
GPM (%) 48.14 45.51 48.38 47.97 45.57 605 613
OPM (%) 26.10 23.73 27.21 26.59 25.25 532
NPM (%) 11.21 9.44 12.20 10.32 4.89

DPS (IDR) 5.00 5.00 5.00 5.00 0.00
DPR (%) n.a. n.a. 16.17 12.88 0.00
246
Dividend Yield (%) 0.35 0.53 0.62 0.50 0.00
2016 2017 2018 2019 2020

TBIG
Tower Bersama Infrastructure Tbk

TBIG Tower Bersama Infrastructure Tbk

Date: 29 Jan 2021 v2.0.0

PT Tower Bersama Infrastructure Tbk has a main business field of Integrated Established Listing Date IPO Price (IDR) IPO Lead Underwriter
telecommunications infrastructure service provider through subsidiaries. The PT UBS Securities
company's President Director and President Commisioner are Herman Setya 08 Nov 2004 26 Oct 2010 2,025 Indonesia
Budi and Edwin Soeryadjaya. The largest shareholder of the company is Public
(<5%) (39.01%). PT Tower Bersama Infrastructure Tbk has 11 subsidiaries. One Stock Overview
of the biggest subsidiaries is PT Tower Bersama dan Entitas Anak.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=TBIG

Domestic 26,510.3 6,230.8
Year 2020 YTD 2021
Total 34,959.3 7,687.4
Fundamental & ESG
YTD 2021
50.27x 7.69x 27.71 Medium
D 2,542.6 459.2 3,001.8
-2,495.2 227.1
Buy

D 10,043.7 4,459.1 14,502.8 "Foreign Buy-Domestic Sell" minus "Foreign Sell- TBIG Sector PER Market PER
Domestic Buy".
29.71x 22.07x

2020 F - Rp28.00 02-Jun-20 03-Jun-20 19-Jun-20 2019 SS 14-Nov-19 5,475 5:1 1,095 0.200
2019 F - Rp138.69 31-May-19 10-Jun-19 21-Jun-19 - - - - - - -
2018 F - Rp169.11 08-May-18 11-May-18 24-May-18 - - - - - - -
2017 F - Rp149.53 26-May-17 30-May-17 13-Jun-17 - - - - - - -
2016 I - Rp72.30 25-Aug-16 29-Aug-16 16-Sep-16 - - - - - - -
Industry Peers

1. TBIG Tower Bersama Infrastructure Tbk 50,751.68 36,521,303 27,217,465 9,303,838 5,327,689 1,066,576
3. ISAT Indosat Tbk 27,305.52 62,778,740 49,865,344 12,913,396 27,925,661 -630,160
1. TBIG Tower Bersama Infrastructure Tbk 50.27 7.69 2.92 11.46 0.75 2.93
3. ISAT Indosat Tbk -38.10 2.05 -1.00 -4.88 0.79 3.86


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 TBIG*
93.10%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 1,240 1,110 1,195 1,145 1,170 1,300 1,330 1,350 1,500 1,515 1,730 2,250
Lowest 1,105 740 880 1,040 1,055 1,075 1,240 1,205 1,330 1,350 1,470 1,610
Close 1,105 905 1,195 1,060 1,105 1,290 1,305 1,335 1,500 1,425 1,630 2,240
Adj. Close* 1,105 905 1,195 1,060 1,105 1,290 1,305 1,335 1,500 1,425 1,630 2,240
Growth (%) -18.10% 32.04% -11.30% 4.25% 16.74% 1.16% 2.30% 12.36% -5.00% 14.39% 37.42%
Volume (mill.) 684 1,432 1,484 1,865 760 1,235 985 1,566 1,367 752 869 2,079
Value (bill.) 821 1,235 1,536 2,414 849 1,457 1,255 2,015 1,912 1,080 1,362 3,844
Frequency (th.) 41 36 49 33 51 60 61 73 72 108 84 117
Days 20 21 21 16 21 22 18 22 19 21 19 20
Lowest 5,600 4,940 3,520 1,000 740
Close 6,300 6,425 3,600 1,230 1,630 1. TBIG 73.6% 37.4% 93.1% 82.1% 77.8%
Adj. Close* 1,260 1,285 720 246 1,630 2. TOWR -15.4% 0.0% 13.6% 29.4% 6.8%
Growth (%) 1.98% -43.97% -65.83% 562.60% 3. ISAT 118.5% -0.5% 119.4% -9.0% -8.2%
4. EXCL -11.2% -18.7% -23.4% -25.8% -39.6%
Shares Traded 2016 2017 2018 2019 2020 5. FREN -62.2% -19.4% -47.6% 8.4% 8.4%
Volume 1,114 841 544 4,108 14,305
Value 6,580 5,020 2,690 13,711 17,480 Note:
Index Membership

2. IDX80 12. MBX 22.
4. IDXG30 14. 24.
5. IDXINFRA 15. 25.
9. Investor33 19. 29.
10. KOMPAS100 20. 30.


Date: 29 Jan 2021 v2.0.0

40
Current Assets 1,960,672 1,971,501 2,027,465 2,376,740 3,227,394
Investment Properties 17,963,131 168,689 181,608 266,186 388,020 35
Fixed Asset 429,307 19,798,733 21,878,608 24,649,294 28,738,362 30

- - - - - -
25
Total Assets 23,620,268 25,595,785 29,113,747 30,871,710 36,521,303
Trade Payable 184,918 192,884 231,711 247,591 571,000 20
Curr. Maturities - Bank Loans 1,012,362 - - - 3,857,445 15

Curr. Maturities - Bonds Payable - - - - 6,900,451
10
- - - - - -
- - - - - -
Common Stocks 453,140 453,140 453,140 453,140 453,140
9,304
Par Value 100 100 100 20 20
Total Equity 1,624,142 3,185,080 3,679,565 5,523,284 9,303,838
5,523
Revenues 3,711,174 4,023,085 4,318,137 4,698,742 5,327,689 3,680
3,185
Gross Profit 3,293,509 3,355,324 3,534,055 3,795,288 4,234,624
Operating Profit/Loss 2,977,908 3,012,146 3,152,592 3,368,854 3,816,001 1,624
Finance Costs -1,790,901 -1,964,030 -2,071,597 -2,016,910 -2,158,316
EBT 1,363,951 907,639 1,034,285 1,303,989 1,665,177
Tax -62,558 1,431,390 -331,653 -437,868 -598,601
2016 2017 2018 2019 2020
Profit/Loss for the period 1,301,393 2,339,029 702,632 866,121 1,066,576
Profit/Loss Period Attributable 1,290,357 2,316,368 680,581 819,454 1,009,625
5,328
4,699
4,023
Net Increase/Decrease in C&CE 73,846 40,409 -194,100 312,232 418,002
C&CE, end of period 365,342 407,444 220,586 525,242 947,341
Current Ratio (%) 0.68 0.99 0.32 0.53 0.23
DAR (x) 0.93 0.88 0.87 0.82 0.75
DER (x) 13.54 7.04 6.91 4.59 2.93
EPS (IDR) n.a. n.a. 455.21 29.53 42.15 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 7.91 41.65 38.67

PBV (x) 17.58 9.14 4.43 5.05 3.97
ROA (%) 5.51 9.14 2.41 2.81 2.92 2,339
ROE (%) 80.13 73.44 19.10 15.68 11.46
GPM (%) 88.75 83.40 81.84 80.77 79.48
OPM (%) 80.24 74.87 73.01 71.70 71.63
NPM (%) 35.07 58.14 16.27 18.43 20.02 1,301
DPS (IDR) 129.37 149.53 169.11 138.69 28.00 1,067
DPR (%) n.a. n.a. 37.15 469.64 66.43 866
703
Dividend Yield (%) 2.05 2.33 4.70 11.28 1.72
2016 2017 2018 2019 2020

TKIM
Pabrik Kertas Tjiwi Kimia Tbk

TKIM Pabrik Kertas Tjiwi Kimia Tbk

Date: 29 Jan 2021 v2.0.0

PT Pabrik Kertas Tjiwi Kimia Tbk has a main business field of Pulp and paper. Established Listing Date IPO Price (IDR) IPO Lead Underwriter
The company's President Director and President Commisioner are Suhendra PT Ficorinvest
Wiriadinata and Saleh Husin , SE, MSi. The largest shareholder of the company 02 Oct 1972 03 Apr 1990 9,500
is PT Purinusa Ekapersada (59.67%). The percentage of public shareholding
(<5%) is 40.33%. PT Pabrik Kertas Tjiwi Kimia Tbk has 8 subsidiaries. One of Stock Overview
the biggest subsidiaries is Marshall Enterprise Ltd.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=TKIM

Domestic 35,096.2 4,702.3
Foreign 6,057.6 918.5 B Basic Materials B15 Forestry & Paper
Others 44.09% 17.20% B1 Basic Materials B152 Paper
Year 2020 YTD 2021
Total 41,153.7 5,620.8
Fundamental & ESG
YTD 2021
19.64x 1.78x 38.46 High
D 1,940.8 299.1 2,239.9
-107.7 222.5
Buy

D 15,268.7 2,333.2 17,602.0 "Foreign Buy-Domestic Sell" minus "Foreign Sell- TKIM Sector PER Market PER
Domestic Buy".
17.47x 22.07x

2020 F - Rp25.00 03-Sep-20 04-Sep-20 25-Sep-20 2014 RI 04-Jul-14 1,890 1:1 1,445 0.765
2019 F - Rp50.00 08-Jul-19 09-Jul-19 31-Jul-19 1997 RI 01-Jul-97 2,825 20:16 2,025 0.713
2018 F - Rp30.00 05-Jul-18 09-Jul-18 27-Jul-18 1996 - 03-Sep-96 2,400 0.1:0.1 2,000 0.833
2017 F - Rp5.00 20-Jun-17 22-Jun-17 14-Jul-17 - - - - - - -
2016 F - Rp5.00 13-Jul-16 15-Jul-16 29-Jul-16 - - - - - - -
Industry Peers

1. TKIM Pabrik Kertas Tjiwi Kimia Tbk 41,094.55 43,346,978 22,013,490 21,333,488 12,221,320 2,092,251
2. INKP Indah Kiat Pulp & Paper Tbk 70,575.68 119,839,987 59,898,829 59,941,158 42,117,995 4,147,448
3. INRU Toba Pulp Lestari Tbk 1,388.88 6,553,705 4,383,354 2,170,350 1,777,554 52,880
4. KBRI Kertas Basuki Rachmat Indonesia 434.40 n.a. n.a. n.a. n.a. n.a.
5. SWAT Sriwahana Adityakarta Tbk 295.88 640,936 284,403 356,532 195,245 2,146
1. TKIM Pabrik Kertas Tjiwi Kimia Tbk 19.64 1.78 4.83 9.81 0.51 1.03
2. INKP Indah Kiat Pulp & Paper Tbk 17.02 1.11 3.46 6.92 0.50 1.00
3. INRU Toba Pulp Lestari Tbk 26.26 0.66 0.81 2.44 0.67 2.02
4. KBRI Kertas Basuki Rachmat Indonesia NA 3.20 n.a. n.a. n.a. n.a.
5. SWAT Sriwahana Adityakarta Tbk 138.01 0.85 0.33 0.60 0.44 0.80


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 TKIM*
54.84%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 8,850 7,600 5,400 4,850 5,275 7,200 7,200 6,825 6,425 7,475 10,825 14,000
Lowest 6,000 3,750 3,880 3,970 4,260 5,925 6,300 6,000 5,950 6,075 7,625 10,550
Close 6,000 3,990 5,000 3,970 5,150 6,750 6,825 6,050 6,100 7,075 9,850 13,200
Adj. Close* 6,000 3,990 5,000 3,970 5,150 6,750 6,825 6,050 6,100 7,075 9,850 13,200
Growth (%) -33.50% 25.31% -20.60% 29.72% 31.07% 1.11% -11.36% 0.83% 15.98% 39.22% 34.01%
Volume (mill.) 43 293 98 204 668 672 330 139 68 274 413 225
Value (bill.) 337 1,622 485 867 3,234 4,475 2,295 893 437 1,915 3,859 2,810
Frequency (th.) 44 71 67 74 148 231 121 68 40 105 162 144
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Paper

Lowest 485 755 2,970 5,675 3,750
Close 492 2,920 11,100 10,275 9,850 1. TKIM 95.6% 34.0% 45.1% 179.7% 2582.9%
Adj. Close* 492 2,920 11,100 10,275 9,850 2. INKP 65.4% 23.7% 91.1% 37.6% 1279.7%
Growth (%) 493.50% 280.14% -7.43% -4.14% 3. INRU 30.7% -6.5% 25.8% 150.0% 100.0%
4. KBRI 0.0% 0.0% 0.0% 0.0% 0.0%
Shares Traded 2016 2017 2018 2019 2020 5. SWAT 3.2% -12.5% 14.0% n.a. n.a.
Volume 70 859 2,742 683 3,216
Value 47 1,631 30,414 7,505 20,577 Note:
Frequency 9 91 1,074 540 1,156 Base date: 6M = Jul 30, 2020; YTD = Dec 30, 2020; 1Y = Jan 31, 2020; 3Y = Jan 31, 2018; 5Y = Jan 29, 2016;
Index Membership

1. BASIC-IND 11. KOMPAS100 21.
4. IDXBASIC 14. MBX 24.
7. IDXV30 17. 27.
8. ISSI 18. 28.
9. JII 19. 29.
10. JII70 20. 30.


Date: 29 Jan 2021 v2.0.0

Trade receivables 948,770 1,563,995 1,790,498 1,473,108 974,909 Total Asset & Liabilities (Bill. Rp)
50
Current Assets 8,045,127 9,554,510 13,693,896 12,258,687 11,806,421
45
- - - - - -
Fixed Asset 15,639,638 14,899,860 15,028,343 13,513,514 12,518,653 40
- - - - - - 35
Total Assets 33,472,865 34,965,695 43,119,008 42,704,206 43,346,978 30
Trade Payable 1,226,425 701,868 949,316 863,251 1,831,647 25
Curr. Maturities - Bank Loans 362,678 254,621 394,801 541,526 584,370 20

Curr. Maturities - Bonds Payable - - 45,444 174,313 132,234 15
- - - - - - 10
Long-term Bonds Payable - - 318,106 130,734 - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 8,755,959 9,277,806 9,958,507 9,549,675 9,659,245
Par Value 1,000 1,000 1,000 1,000 1,000 19,318
17,962
Total Equity 12,590,580 13,503,834 17,962,060 19,318,329 21,333,488
13,504
12,591
Revenues 13,394,375 13,706,715 15,353,444 14,602,061 12,221,320
Gross Profit 1,479,787 1,478,696 1,678,467 1,494,388 1,687,000
Operating Profit/Loss 146,963 353,332 576,212 365,554 566,922
Finance Costs -545,958 -553,598 -838,913 -869,861 -791,953
EBT 11,851 481,523 3,647,163 2,575,614 2,157,769
Tax 90,975 -111,527 -74,062 -253,548 -65,518
2016 2017 2018 2019 2020
Profit/Loss for the period 102,826 369,996 3,573,100 2,322,066 2,092,251
Profit/Loss Period Attributable 102,826 369,996 3,573,100 2,322,066 2,092,251
Comprehensive Income -246,013 373,098 3,547,855 2,244,573 2,041,290 Total Revenue (Bill. Rp)
Comprehensive Attributable -246,013 373,098 3,547,855 2,244,573 2,041,290
15,353
13,394 13,707
Net Cash - Operating 2,031,483 619,401 594,084 2,222,959 2,437,711
12,221
Net Cash - Investing 1,207,211 -1,415,658 -1,951,565 -113,791 -111,655
Net Cash - Financing -2,328,687 973,681 1,773,804 -1,702,517 -2,634,913
Net Increase/Decrease in C&CE 910,007 177,425 416,323 406,650 -308,857
C&CE, end of period 1,501,003 1,691,251 2,229,187 2,543,066 2,271,427
Current Ratio (%) 1.39 1.44 1.70 1.63 1.38
DAR (x) 0.62 0.61 0.58 0.55 0.51
DER (x) 1.66 1.59 1.40 1.21 1.03
EPS (IDR) n.a. n.a. 1,210.22 653.18 857.95 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 9.17 15.73 11.48

PBV (x) 0.10 0.67 1.92 1.66 1.44
ROA (%) 0.31 1.06 8.29 5.44 4.83
3,573
ROE (%) 0.82 2.74 19.89 12.02 9.81
GPM (%) 11.05 10.79 10.93 10.23 13.80
OPM (%) 1.10 2.58 3.75 2.50 4.64
2,322
NPM (%) 0.77 2.70 23.27 15.90 17.12 2,092
DPS (IDR) 10.00 5.00 30.00 50.00 25.00
DPR (%) n.a. n.a. 2.48 7.65 2.91
Dividend Yield (%) 2.03 0.17 0.27 0.49 0.25
No. of Listed Shares, million 2,671 3,113 3,113 3,113 3,113 103

2016 2017 2018 2019 2020

TLKM
Telkom Indonesia (Persero) Tbk

TLKM Telkom Indonesia (Persero) Tbk

Date: 29 Jan 2021 v2.0.0

PT Telkom Indonesia (Persero) Tbk has a main business field of Established Listing Date IPO Price (IDR) IPO Lead Underwriter
Telecommunication network and service operator. The company's President PT Bahana
Director and President Commisioner are Ririek Adriansyah and Bambang 24 Sep 1991 14 Nov 1995 2,050 Securities
Permadi Soemantri Brodjonegoro. The largest shareholder of the company is
Republic of Indonesia (52.09%). The percentage of public shareholding (<5%) is Stock Overview
47.91%. PT Telkom Indonesia (Persero) Tbk has 11 subsidiaries. One of the
biggest subsidiaries is PT Telekomunikasi Selular ("Telkomsel"). Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=TLKM

Domestic 124,674.4 16,046.7
49% Institution 30.31% 25.48%
65%
Foreign 131,053.9 8,531.4 J Infrastructures J31 Telecommunication Service
51% Individual 0.51% 0.84%
35%
Others 21.69% 25.07% J3 Telecommunication J312 Integrated Telecommunication Service
Year 2020 YTD 2021
Total 255,728.3 24,578.1
Fundamental & ESG
YTD 2021
14.81x 2.61x 26.76 Medium
D 5,407.0 2,102.2 7,509.2
-10,119.5 1,028.3
Buy

D 35,545.0 31,852.0 67,396.9 "Foreign Buy-Domestic Sell" minus "Foreign Sell- TLKM Sector PER Market PER
Domestic Buy".
29.71x 22.07x

2020 F - Rp154.07 30-Jun-20 01-Jul-20 23-Jul-20 2013 SS 28-Aug-13 10,100 5:1 2,025 0.200
2019 F - Rp163.82 12-Jun-19 13-Jun-19 27-Jun-19 2004 SS 28-Sep-04 8,350 2:1 4,175 0.500
2018 F - Rp167.66 08-May-18 11-May-18 31-May-18 1999 BS 25-Jun-99 4,600 50:4 4,275 0.926
2017 F - Rp136.76 03-May-17 05-May-17 26-May-17 - - - - - - -
2016 I - Rp19.38 15-Dec-16 19-Dec-16 27-Dec-16 - - - - - - -
Industry Peers

1. TLKM Telkom Indonesia (Persero) Tbk 308,083.49 246,943,000 126,054,000 120,889,000 136,462,000 29,563,000
4. ISAT Indosat Tbk 27,305.52 62,778,740 49,865,344 12,913,396 27,925,661 -630,160
1. TLKM Telkom Indonesia (Persero) Tbk 14.81 2.61 11.97 24.45 0.51 1.04
4. ISAT Indosat Tbk -38.10 2.05 -1.00 -4.88 0.79 3.86


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 TLKM*
-16.84%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 3,820 3,830 3,500 3,320 3,300 3,150 3,050 2,950 2,810 3,470 3,610 3,600
Lowest 3,470 2,620 3,000 3,070 3,030 3,000 2,860 2,560 2,620 2,560 3,240 3,110
Close 3,490 3,160 3,500 3,150 3,050 3,050 2,860 2,560 2,620 3,230 3,310 3,110
Adj. Close* 3,490 3,160 3,500 3,150 3,050 3,050 2,860 2,560 2,620 3,230 3,310 3,110
Growth (%) -9.46% 10.76% -10.00% -3.17% 0.00% -6.23% -10.49% 2.34% 23.28% 2.48% -6.04%
Volume (mill.) 1,983 3,690 2,475 2,435 4,858 2,872 2,592 3,585 3,215 6,081 4,830 3,568
Value (bill.) 7,258 11,591 7,890 7,771 15,508 8,861 7,716 9,967 8,679 18,669 16,368 12,289
Frequency (th.) 174 349 262 235 487 336 358 372 329 672 603 535
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Integrated Telecommunication Service
Lowest 3,060 3,830 3,270 3,510 2,560
Close 3,340 4,440 3,750 3,970 3,310 1. TLKM 2.0% -6.0% -18.2% -22.1% -6.9%
Adj. Close* 3,340 4,440 3,750 3,970 3,310 2. TBIG 73.6% 37.4% 93.1% 82.1% 77.8%
Growth (%) 32.93% -15.54% 5.87% -16.62% 3. TOWR -15.4% 0.0% 13.6% 29.4% 6.8%
4. ISAT 118.5% -0.5% 119.4% -9.0% -8.2%
Shares Traded 2016 2017 2018 2019 2020 5. EXCL -11.2% -18.7% -23.4% -25.8% -39.6%
Volume 30,494 27,164 29,619 25,565 40,566
Value 115,531 116,546 111,288 102,370 127,864 Note:
Index Membership

1. BISNIS-27 11. IDXQ30 21. SMinfra18
2. COMPOSITE 12. INFRASTRUC 22. SRI-KEHATI
3. I-GRADE 13. Investor33 23.
4. IDX30 14. ISSI 24.
5. IDX80 15. JII 25.
6. IDXBUMN20 16. JII70 26.
7. IDXESGL 17. KOMPAS100 27.
8. IDXG30 18. LQ45 28.
10. IDXINFRA 20. MNC36 30.


Date: 29 Jan 2021 v2.0.0

300
Current Assets 47,701,000 47,561,000 43,268,000 41,722,000 46,503,000
- - - - - -
250
Fixed Asset 114,498,000 130,171,000 143,248,000 156,973,000 160,923,000
- - - - - - 200
Total Assets 179,611,000 198,484,000 206,196,000 221,208,000 246,943,000
Trade Payable 13,518,000 15,574,000 14,766,000 13,897,000 16,999,000 150

Curr. Maturities - Bonds Payable - - - 1,995,000 - 100
- - - - - -
50
- - - - - -
Common Stocks 5,040,000 5,040,000 4,953,000 4,953,000 4,953,000
Par Value 50 50 50 50 50
117,303 117,250
Total Equity 105,544,000 112,130,000 117,303,000 117,250,000 120,889,000 112,130
Revenues 116,333,000 128,256,000 130,784,000 135,567,000 136,462,000 105,544
- - - - - -
Operating Profit/Loss -3,218,000 -2,987,000 -4,283,000 -5,077,000 -5,406,000
Finance Costs -2,810,000 -2,769,000 -3,507,000 -4,240,000 -4,520,000
EBT 38,189,000 42,659,000 36,405,000 37,908,000 38,775,000
Tax -9,017,000 -9,958,000 -9,426,000 -10,316,000 -9,212,000
2016 2017 2018 2019 2020
136,462
135,567
128,256
Net Increase/Decrease in C&CE 1,769,000 -4,654,000 -7,877,000 911,000 2,308,000
C&CE, end of period 29,767,000 25,145,000 17,439,000 18,242,000 20,589,000
116,333
Current Ratio (%) 1.20 1.05 0.94 0.71 0.67
DAR (x) 0.41 0.44 0.43 0.47 0.51
DER (x) 0.70 0.77 0.76 0.89 1.04
EPS (IDR) n.a. n.a. 186.30 204.51 190.62 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 20.13 19.41 17.36

PBV (x) 3.19 3.99 3.17 3.35 2.71
ROA (%) 16.24 16.48 13.08 12.47 11.97 32,701
ROE (%) 27.64 29.16 23.00 23.53 24.45 29,172 29,563
26,979 27,592
GPM (%) n.a. n.a. n.a. n.a. n.a.
OPM (%) -2.77 -2.33 -3.27 -3.75 -3.96
NPM (%) 25.08 25.50 20.63 20.35 21.66
DPS (IDR) 114.02 136.76 167.66 163.82 154.07
DPR (%) n.a. n.a. 90.00 80.11 80.83
Dividend Yield (%) 3.41 3.08 4.47 4.13 4.65
2016 2017 2018 2019 2020

TOWR
Sarana Menara Nusantara Tbk

TOWR Sarana Menara Nusantara Tbk

Date: 29 Jan 2021 v2.0.0

PT Sarana Menara Nusantara Tbk has a main business field of Investment and Established Listing Date IPO Price (IDR) IPO Lead Underwriter
telecommunications support services. The company's President Director and PT Dinamika
President Commisioner are Ferdinandus Aming Santoso and Tonny Kusnadi. 02 Jun 2008 08 Mar 2010 1,050 Usahajaya
The largest shareholder of the company is PT SAPTA ADHIKARI INVESTAMA
(54.42%). The percentage of public shareholding (<5%) is 42.45%. PT Sarana Stock Overview
Menara Nusantara Tbk has 10 subsidiaries. One of the biggest subsidiaries is PT
Profesional Telekomunikasi Indonesia. Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=TOWR

Domestic 40,859.1 3,147.0
51% Institution 58.48% 27.27%
68%
49% Individual 0.16% 0.90%
32%
Year 2020 YTD 2021
Total 80,012.4 4,666.0
Fundamental & ESG
YTD 2021
17.27x 5.04x 27.65 Medium
D 1,097.5 308.9 1,406.4
-3,432.4 334.3
Buy

D 12,697.7 9,448.0 22,145.8 "Foreign Buy-Domestic Sell" minus "Foreign Sell- TOWR Sector PER Market PER
Domestic Buy".
29.71x 22.07x

2020 I - Rp6.00 16-Dec-20 17-Dec-20 22-Dec-20 2018 SS 28-Jun-18 3,040 5:1 610 0.200
2020 F - Rp17.86 15-May-20 18-May-20 27-May-20 2013 SS 22-Jul-13 27,850 10:1 2,775 0.100
2019 I - Rp6.00 16-Dec-19 17-Dec-19 20-Dec-19 - - - - - - -
2019 F - Rp17.52 06-May-19 07-May-19 24-May-19 - - - - - - -
2018 I - Rp6.00 19-Dec-18 18-Dec-18 21-Dec-18 - - - - - - -
Industry Peers

3. ISAT Indosat Tbk 27,305.52 62,778,740 49,865,344 12,913,396 27,925,661 -630,160
3. ISAT Indosat Tbk -38.10 2.05 -1.00 -4.88 0.79 3.86


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 TOWR*
15.66%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 900 860 900 955 1,065 1,135 1,160 1,060 1,060 1,125 1,060 1,020
Lowest 805 590 655 845 970 1,020 1,020 980 990 980 960 935
Close 805 675 900 955 1,020 1,135 1,035 1,035 990 1,095 960 960
Adj. Close* 805 675 900 955 1,020 1,135 1,035 1,035 990 1,095 960 960
Growth (%) -16.15% 33.33% 6.11% 6.81% 11.27% -8.81% 0.00% -4.35% 10.61% -12.33% 0.00%
Volume (mill.) 1,693 2,449 2,249 1,413 2,488 3,357 8,950 3,848 1,769 7,286 3,039 2,397
Value (bill.) 1,462 1,799 1,794 1,266 2,522 3,625 9,702 3,973 1,812 7,685 3,079 2,333
Frequency (th.) 358 161 118 95 255 422 402 323 277 506 302 181
Days 20 21 21 16 21 22 18 22 19 21 19 20
Highest 4,850 4,150 4,000 855 1,160 No. Code 6M YTD 1Y 3Y 5Y
Lowest 4,495 3,200 458 610 590
Close 4,495 4,000 690 805 960 1. TOWR -15.4% 0.0% 13.6% 29.4% 6.8%
Adj. Close* 899 800 138 805 960 2. TBIG 73.6% 37.4% 93.1% 82.1% 77.8%
Growth (%) -11.01% -82.75% 483.33% 19.25% 3. ISAT 118.5% -0.5% 119.4% -9.0% -8.2%
4. EXCL -11.2% -18.7% -23.4% -25.8% -39.6%
Shares Traded 2016 2017 2018 2019 2020 5. FREN -62.2% -19.4% -47.6% 8.4% 8.4%
Volume 476 3,881 4,430 10,230 40,123
Value 1,819 15,438 4,589 7,496 40,006 Note:
Index Membership

1. BISNIS-27 11. KOMPAS100 21.
3. IDX30 13. MBX 23.
4. IDX80 14. MNC36 24.
6. IDXG30 16. 26.
7. IDXHIDIV20 17. 27.
8. IDXINFRA 18. 28.
10. Investor33 20. 30.


Date: 29 Jan 2021 v2.0.0

Cash & Cash Equivalents 2,905,307 2,348,338 963,383 593,765 1,442,627
Trade receivables 351,699 623,995 821,037 1,347,552 1,240,069 Total Asset & Liabilities (Bill. Rp)
- - - - - - Asset Liabilities
40
Current Assets 3,594,550 3,049,717 2,275,390 2,474,389 3,002,332
Investment Properties 18,268,830 - - - - 35
Fixed Asset 238,958 12,600,558 15,980,147 19,648,004 22,757,823 30

- - - - - -
25
Total Assets 25,025,207 18,763,478 22,959,618 27,665,695 34,249,550
Trade Payable 189,327 276,405 697,115 633,818 534,866 20
Curr. Maturities - Bank Loans 516,745 633,821 1,732,795 1,194,767 3,903,999 15

Curr. Maturities - Bonds Payable 998,701 - 657,906 - 35,918
10
- - - - - -
- - - - - -
Common Stocks 510,146 510,146 510,146 510,146 510,146
10,184
Par Value 50 50 10 10 10
8,761
Total Equity 10,708,346 7,101,812 8,033,280 8,760,621 10,184,048 7,102
Revenues 5,053,112 5,337,939 5,867,860 6,454,302 7,445,426
Gross Profit 4,384,339 4,165,641 4,325,975 4,646,362 5,386,172
Finance Costs -668,868 -687,309 -872,278 -957,884 -1,201,293
EBT 3,709,302 2,802,960 2,951,707 3,008,859 3,398,921
Tax -1,039,151 -702,822 -751,647 -655,770 -545,304
2016 2017 2018 2019 2020
7,445
5,338
Net Cash - Financing -125,724 -2,744,086 -839,148 1,235,802 -860,035
Net Increase/Decrease in C&CE -18,009 -594,301 -1,510,161 -338,146 934,297
C&CE, end of period 2,905,307 2,348,338 963,383 593,765 1,442,627
Current Ratio (%) 1.09 1.37 0.48 0.54 0.42
DAR (x) 0.57 0.62 0.65 0.68 0.70
DER (x) 1.34 1.64 1.86 2.16 2.36
EPS (IDR) n.a. n.a. 36.75 40.99 52.01 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 18.78 19.64 18.46

BV (IDR) 1,050 696 157 172 200 Profit/Loss for the Period (Bill. Rp)
PBV (x) 4.28 5.75 4.38 4.69 4.81
ROA (%) 12.16 11.19 9.58 8.51 8.33
3,043
ROE (%) 28.42 29.57 27.39 26.86 28.02 2,854
GPM (%) 86.77 78.04 73.72 71.99 72.34
2,353
OPM (%) 78.14 69.48 65.06 62.53 63.94 2,200
2,100
NPM (%) 60.22 39.34 37.49 36.46 38.33
DPS (IDR) 0.00 98.60 93.61 23.52 23.86
DPR (%) n.a. n.a. 254.75 57.38 45.88
Dividend Yield (%) 0.00 2.47 13.57 2.92 2.49
2016 2017 2018 2019 2020

TPIA
Chandra Asri Petrochemical Tbk

TPIA Chandra Asri Petrochemical Tbk

Date: 29 Jan 2021 v2.0.0

PT Chandra Asri Petrochemical Tbk has a main business field of Petrochemical. Established Listing Date IPO Price (IDR) IPO Lead Underwriter
The company's President Director and President Commisioner are Erwin Ciputra Truscel Capital
and Djoko Suyanto. The largest shareholder of the company is PT Barito Pacific 02 Nov 1984 24 Jun 1996 2,575
Tbk (34.63%). The percentage of public shareholding (<5%) is 8.10%. PT
Chandra Asri Petrochemical Tbk has 3 subsidiaries. One of the biggest Stock Overview
subsidiaries is PT Chandra Asri Perkasa.
For more information click here: Development 181,456,068,645,500 7,848,921,946,383
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=TPIA

Domestic 15,554.8 1,421.3
89%
Foreign 4,275.3 166.7 B Basic Materials B11 Chemicals
11%
Others 3.64% 11.15% B1 Basic Materials B111 Basic Chemicals
Year 2020 YTD 2021
Total 19,830.1 1,588.0
Fundamental & ESG
YTD 2021
250.52x 7.00x 31.69 High
D 637.0 89.2 726.2
-50.4 -31.2
Buy

D 7,290.6 512.0 7,802.6 "Foreign Buy-Domestic Sell" minus "Foreign Sell- TPIA Sector PER Market PER
Domestic Buy".
F 461.6 1,650.9 2,112.4 A positive net foreign indicates a net buy by
17.47x 22.07x

2019 I - Rp5.24 25-Oct-19 28-Oct-19 01-Nov-19 2017 SS 21-Nov-17 28,975 5:1 5,800 0.200
2019 F - Rp20.68 22-May-19 23-May-19 14-Jun-19 2017 RI 23-Aug-17 23,500 47:4 23,075 0.982
2018 I - Rp23.94 01-Oct-18 03-Oct-18 24-Oct-18 2013 RI 11-Nov-13 3,125 500:36 3,125 1.000
2018 F - Rp40.61 02-May-18 04-May-18 22-May-18 - - - - - - -
2017 I - $0.01 30-Oct-17 01-Nov-17 08-Nov-17 - - - - - - -
Industry Peers

1. TPIA Chandra Asri Petrochemical Tbk 181,456.07 50,689,801 25,139,609 25,550,192 25,479,893 727,000
2. BRPT Barito Pacific Tbk 82,649.09 108,370,958 66,747,653 41,623,305 32,923,468 1,994,207
3. AGII Aneka Gas Industri Tbk 3,986.66 7,121,458 3,739,317 3,382,141 2,188,179 99,862
4. ESSA Surya Esa Perkasa Tbk 2,991.23 11,171,914 6,774,251 4,397,663 2,475,631 -473,486
5. MOLI Madusari Murni Indah Tbk 2,369.91 2,279,581 889,592 1,389,989 1,472,642 79,288
1. TPIA Chandra Asri Petrochemical Tbk 250.52 7.00 1.43 2.85 0.50 0.98
2. BRPT Barito Pacific Tbk 161.54 1.86 1.84 4.79 0.62 1.60
3. AGII Aneka Gas Industri Tbk 41.35 1.20 1.40 2.95 0.53 1.11
4. ESSA Surya Esa Perkasa Tbk -11.09 0.71 -4.24 -10.77 0.61 1.54
5. MOLI Madusari Murni Indah Tbk 35.86 1.92 3.48 5.70 0.39 0.64


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 TPIA*
16.29%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 9,500 7,900 8,975 8,625 7,400 7,450 7,425 7,200 8,000 9,300 9,975 10,425
Lowest 7,825 5,250 5,250 6,350 6,450 6,575 7,050 6,575 7,275 7,950 9,075 9,325
Close 8,000 5,250 8,975 7,325 6,575 7,325 7,125 7,200 8,000 9,300 9,075 10,175
Adj. Close* 8,000 5,250 8,975 7,325 6,575 7,325 7,125 7,200 8,000 9,300 9,075 10,175
Growth (%) -34.38% 70.95% -18.38% -10.24% 11.41% -2.73% 1.05% 11.11% 16.25% -2.42% 12.12%
Volume (mill.) 98 133 103 68 61 99 68 87 66 75 72 78
Value (bill.) 809 908 777 500 423 688 495 612 511 644 687 794
Frequency (th.) 22 16 26 24 25 31 16 18 16 16 22 23
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Basic Chemicals
Lowest 3,400 5,450 4,450 4,700 5,250
Close 3,500 6,000 5,925 10,375 9,075 1. TPIA 38.9% 12.1% 16.0% 55.9% 1380.8%
Adj. Close* 687 1,178 5,925 10,375 9,075 2. BRPT -6.8% -19.5% -32.2% 65.6% 4025.3%
Growth (%) 71.43% 402.98% 75.11% -12.53% 3. AGII 138.5% 44.4% 120.3% 68.8% n.a.
4. ESSA 23.2% -9.0% -18.4% -35.0% 45.0%
Shares Traded 2016 2017 2018 2019 2020 5. MOLI 12.8% 19.4% -2.9% n.a. n.a.
Volume 149 1,238 1,015 1,673 1,227
Value 2,481 21,248 5,721 12,787 9,915 Note:
Index Membership

1. BASIC-IND 11. MANUFACTUR 21.
2. COMPOSITE 12. 22.
3. DBX 13. 23.
4. I-GRADE 14. 24.
5. IDX80 15. 25.
6. IDXBASIC 16. 26.
7. ISSI 17. 27.
8. JII 18. 28.
9. JII70 19. 29.
10. KOMPAS100 20. 30.


Date: 29 Jan 2021 v2.0.0

60
Current Assets 9,304,779 19,359,902 20,296,517 19,749,146 21,187,755
- - - - - -
50
Fixed Asset 17,691,772 19,612,965 25,113,525 27,655,557 28,945,787
- - - - - - 40
Total Assets 28,608,858 40,471,995 46,148,833 48,127,137 50,689,801
Trade Payable 4,623,395 6,500,195 8,272,624 9,446,273 10,119,548 30
Curr. Maturities - Bank Loans 847,986 1,055,931 639,775 798,435 611,931

Curr. Maturities - Bonds Payable - - 362,925 150,480 731,908 20
- - - - - -
10
Long-term Bonds Payable 491,677 4,917,897 5,859,670 6,310,224 7,633,725 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 4,836,812 5,161,070 5,539,731 5,312,306 5,373,257
Paid up Capital (Shares) 3,287 17,834 17,834 17,834 17,834 25,740 25,550
24,557
Par Value 1,000 200 200 1,000 200 22,609
Total Equity 15,339,451 22,609,200 25,740,460 24,557,033 25,550,192
15,339
Revenues 25,935,994 32,765,960 36,983,491 26,230,392 25,479,893
Gross Profit 6,641,657 7,383,714 5,678,506 2,386,157 2,329,046
Finance Costs -428,434 -488,216 -745,757 -786,317 -916,458
EBT 5,381,830 5,752,508 3,695,079 540,717 406,774
Tax -1,349,351 -1,428,610 -1,043,839 -210,960 320,226
2016 2017 2018 2019 2020
Profit/Loss for the period 4,032,480 4,323,898 2,651,239 329,757 727,000
Comprehensive Income 4,010,646 4,303,062 2,659,935 337,148 729,454 Total Revenue (Bill. Rp)
Comprehensive Attributable 4,008,335 4,296,003 2,652,577 326,787 726,831
36,983
Net Cash - Investing -926,842 -3,104,145 -5,335,111 -5,743,527 -1,574,174 25,936 26,230 25,480
Net Cash - Financing -2,754,152 5,127,783 -2,217,088 1,494,639 -254,581
Net Increase/Decrease in C&CE 2,713,105 7,367,037 -1,684,284 -928,123 3,649,796
C&CE, end of period 4,014,180 11,414,678 10,567,875 9,205,903 12,961,324
Current Ratio (%) 1.53 2.43 2.05 1.81 1.74
DAR (x) 0.46 0.44 0.44 0.49 0.50
DER (x) 0.87 0.79 0.79 0.96 0.98
EPS (IDR) n.a. n.a. 194.93 30.94 -23.61 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 30.40 335.32 -384.38

PBV (x) 0.75 4.73 4.10 7.53 6.33
ROA (%) 14.10 10.68 5.74 0.69 1.43
ROE (%) 26.29 19.12 10.30 1.34 2.85 4,324
4,032
GPM (%) 25.61 22.53 15.35 9.10 9.14
OPM (%) 21.95 19.20 12.38 4.60 4.51
NPM (%) 15.55 13.20 7.17 1.26 2.85 2,651
DPS (IDR) 0.01 0.06 64.55 25.92 0.00
DPR (%) n.a. n.a. 33.11 83.77 0.00
Dividend Yield (%) 0.00 0.00 1.09 0.25 0.00
727
330
2016 2017 2018 2019 2020

UNTR
United Tractors Tbk

UNTR United Tractors Tbk

Date: 29 Jan 2021 v2.0.0

PT United Tractors Tbk has a main business field of Wholesale (durable goods). Established Listing Date IPO Price (IDR) IPO Lead Underwriter
The company's President Director and President Commisioner are Frans PT Aseam Indonesia
Kesuma and Djony Bunarto Tjondro. The largest shareholder of the company is 19 Oct 1972 19 Sep 1989 7,250
PT Astra International Tbk (59.50%). The percentage of public shareholding
(<5%) is 40.50%. PT United Tractors Tbk has 12 subsidiaries. One of the biggest Stock Overview
subsidiaries is PT Pamapersada Nusantara.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=UNTR

Domestic 29,984.8 3,216.2
58% 53% Institution 46.84% 47.65%
Foreign 21,835.3 2,840.6 C Industrials C14 Machinery
42% 47% Individual 0.33% 0.49%
Others 20.81% 23.04% C1 Industrial Goods C141 Construction Machinery & Heavy
Year 2020 YTD 2021 Vehicles
Total 51,820.2 6,056.8
Fundamental & ESG
YTD 2021
14.20x 1.33x 36.09 High
D 887.2 725.6 1,612.8
-586.9 -9.5
Buy

D 9,472.0 5,813.9 15,285.9 "Foreign Buy-Domestic Sell" minus "Foreign Sell- UNTR Sector PER Market PER
Domestic Buy".
21.73x 22.07x

2020 I - Rp171.00 07-Oct-20 08-Oct-20 20-Oct-20 2011 RI 10-May-11 23,400 33:4 22,500 0.961
2020 F - Rp805.00 22-Jun-20 23-Jun-20 03-Jul-20 2008 RI 27-Aug-08 10,750 6:1 10,300 0.957
2019 I - Rp408.00 08-Oct-19 09-Oct-19 23-Oct-19 2004 RI 25-May-04 975 5:4 780 0.795
2019 F - Rp828.00 29-Apr-19 30-Apr-19 17-May-19 2000 SS 05-Sep-00 1,970 4:1 495 0.250
2018 I - Rp365.00 05-Oct-18 09-Oct-18 22-Oct-18 2000 BS 08-Jun-00 6,275 5:9 2,250 0.357
Industry Peers

1. UNTR United Tractors Tbk 85,233.59 99,800,963 36,653,823 63,147,140 60,346,784 5,632,425
2. HEXA Hexindo Adiperkasa Tbk 2,746.80 n.a. n.a. n.a. n.a. n.a.
3. SKRN Superkrane Mitra Utama Tbk 1,080.00 1,556,817 990,752 566,066 507,784 9,776
4. INTA Intraco Penta Tbk 568.47 2,888,438 4,136,308 -1,247,870 681,103 -1,021,799
5. KOBX Kobexindo Tractors Tbk 254.52 1,601,489 1,293,078 308,411 718,914 -147,208
1. UNTR United Tractors Tbk 14.20 1.33 5.64 8.92 0.37 0.58
2. HEXA Hexindo Adiperkasa Tbk 6.04 1.16 n.a. n.a. n.a. n.a.
3. SKRN Superkrane Mitra Utama Tbk 110.47 2.12 0.63 1.73 0.64 1.75
4. INTA Intraco Penta Tbk -0.67 -1.33 -35.38 81.88 1.43 -3.31
5. KOBX Kobexindo Tractors Tbk -1.72 0.65 -9.19 -47.73 0.81 4.19


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 UNTR*
19.79%
IHSG
-0.37%
LQ45
-4.33%
Sector**
*Adjusted Close Price; **Industrials
Highest 19,075 18,500 18,250 15,825 17,850 21,600 24,775 24,025 22,775 24,725 28,275 27,275
Lowest 16,600 12,600 15,550 14,150 16,125 17,000 20,450 21,400 21,125 20,450 24,175 22,850
Close 16,600 16,900 16,300 15,700 16,550 21,350 23,000 22,800 21,125 23,000 26,600 22,850
Adj. Close* 16,600 16,900 16,300 15,700 16,550 21,350 23,000 22,800 21,125 23,000 26,600 22,850
Growth (%) 1.81% -3.55% -3.68% 5.41% 29.00% 7.73% -0.87% -7.35% 8.88% 15.65% -14.10%
Volume (mill.) 113 124 99 77 105 126 127 86 60 154 126 119
Value (bill.) 2,060 1,914 1,646 1,164 1,797 2,414 2,953 1,978 1,322 3,423 3,321 3,028
Frequency (th.) 88 123 87 72 91 97 135 108 75 149 136 133
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Construction Machinery & Heavy Vehicles
Lowest 15,800 21,000 27,150 19,975 12,600
Close 17,400 35,400 27,350 21,525 26,600 1. UNTR 7.0% -14.1% 19.0% -41.3% 31.3%
Adj. Close* 17,400 35,400 27,350 21,525 26,600 2. HEXA -3.0% -0.6% 5.5% -4.1% 172.5%
Growth (%) 103.45% -22.74% -21.30% 23.58% 3. SKRN 16.1% -1.4% 38.5% n.a. n.a.
4. INTA -43.3% -10.5% -65.3% -63.0% -22.4%
Shares Traded 2016 2017 2018 2019 2020 5. KOBX 23.1% -5.1% 1.8% -8.2% -13.2%
Volume 1,434 1,100 1,258 1,284 1,288
Value 25,349 31,014 42,200 31,756 25,910 Note:
Index Membership

1. BISNIS-27 11. JII 21.
3. IDX30 13. KOMPAS100 23.
4. IDX80 14. LQ45 24.
6. IDXINDUST 16. MNC36 26.
7. IDXQ30 17. SMinfra18 27.
8. IDXV30 18. SRI-KEHATI 28.
9. Investor33 19. TRADE 29.
10. ISSI 20. 30.


Date: 29 Jan 2021 v2.0.0

140
Current Assets 42,197,323 51,202,200 55,651,808 50,826,955 44,195,782
Fixed Asset 12,072,399 16,374,852 24,584,551 27,469,005 24,319,373
100
- - - - - -
Total Assets 63,991,229 82,262,093 116,281,017 111,713,375 99,800,963 80
Trade Payable 14,119,472 20,239,249 32,362,162 20,909,134 10,272,648
60
Curr. Maturities - Bank Loans - 632,240 - 2,432,677 2,468,375
- - - - - - 40
- - - - - -
Long-term Bank Loans - 2,709,600 2,896,200 10,078,232 7,757,750 -

- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 932,534 932,534 932,534 932,534 932,534
63,147
57,051
Par Value 250 250 250 250 250
Total Equity 42,621,943 47,537,925 57,050,679 61,110,074 63,147,140 42,622
Revenues 45,539,238 64,559,204 84,624,733 84,430,478 60,346,784
Gross Profit 9,660,964 14,483,872 21,202,526 21,230,653 12,989,293
Finance Costs -490,726 -874,451 -1,437,596 -2,333,765 -1,539,907
EBT 6,730,030 10,522,657 15,801,719 15,476,885 7,011,186
Tax -1,625,553 -2,849,335 -4,303,310 -4,342,244 -1,378,761
2016 2017 2018 2019 2020
Comprehensive Attributable 5,115,001 7,020,246 12,057,482 9,043,173 5,744,288 84,625 84,430
60,347
Net Cash - Financing -3,027,686 300,175 1,120,862 -830,690 -7,834,254
45,539
Net Increase/Decrease in C&CE 4,492,655 1,300,226 -7,650,208 -1,152,246 8,128,506
C&CE, end of period 19,460,864 20,831,489 13,438,175 12,090,661 20,498,574
Current Ratio (%) 2.30 1.80 1.14 1.56 2.11
DAR (x) 0.33 0.42 0.51 0.45 0.37
DER (x) 0.50 0.73 1.04 0.83 0.58
EPS (IDR) n.a. n.a. 2,905.10 2,866.72 2,147.61 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 9.41 7.51 12.39

PBV (x) 1.52 2.78 1.79 1.31 1.57
ROA (%) 7.98 9.33 9.89 9.97 5.64
ROE (%) 11.98 16.14 20.15 18.22 8.92 11,498
11,135
GPM (%) 21.21 22.44 25.05 25.15 21.52
OPM (%) 14.73 16.66 19.93 19.67 13.74
NPM (%) 11.21 11.89 13.59 13.19 9.33 7,673
DPS (IDR) 583.00 1,367.00 976.00 1,236.00 976.00

5,632
DPR (%) n.a. n.a. 33.60 43.12 45.45 5,104
Dividend Yield (%) 3.35 3.86 3.57 5.74 3.67
2016 2017 2018 2019 2020

UNVR
Unilever Indonesia Tbk

UNVR Unilever Indonesia Tbk

Date: 29 Jan 2021 v2.0.0

PT Unilever Indonesia Tbk has a main business field of Fast moving consumer Established Listing Date IPO Price (IDR) IPO Lead Underwriter
goods. The company's President Director and President Commisioner are Ira PT Aseam Indonesia
Noviarti and Hemant Bakshi. The largest shareholder of the company is Unilever 16 Apr 1905 11 Jan 1982 3,175
Indonesia Holding B.V. (84.99%). The percentage of public shareholding (<5%) is
15.01%. Stock Overview
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=UNVR

Domestic 27,588.0 6,063.0
46% Institution 51.38% 34.15%
Foreign 31,999.8 1,856.1 D Consumer Non-Cyclicals D42 Personal Care Products
54% Individual 0.36% 2.18%
Others 21.27% 28.88% D4 Nondurable Household Products D421 Personal Care Products
Year 2020 YTD 2021
Total 59,587.8 7,919.0
Fundamental & ESG
YTD 2021
36.88x 40.73x 18.48 Low
D 2,407.9 654.1 3,062.0
-1,813.4 -61.0
Buy

D 7,379.8 7,320.9 14,700.7 "Foreign Buy-Domestic Sell" minus "Foreign Sell- UNVR Sector PER Market PER
Domestic Buy".
17.40x 22.07x

2020 I - Rp87.00 01-Dec-20 02-Dec-20 17-Dec-20 2020 SS 02-Jan-20 42,000 5:1 8,400 0.200
2020 F - Rp107.00 05-Aug-20 06-Aug-20 19-Aug-20 2003 SS 03-Sep-03 30,250 10:1 3,025 0.100
2019 I - Rp430.00 03-Dec-19 04-Dec-19 18-Dec-19 2000 SS 06-Nov-00 118,000 10:1 11,800 0.100
2019 F - Rp775.00 31-May-19 10-Jun-19 18-Jun-19 1993 BS 12-Jul-93 31,125 100:7 no data 0.937
2018 I - Rp410.00 16-Nov-18 21-Nov-18 05-Dec-18 - - - - - - -
Industry Peers

1. UNVR Unilever Indonesia Tbk 264,188.75 20,534,632 15,597,264 4,937,368 42,972,474 7,163,536
2. UCID Uni-Charm Indonesia Tbk 5,839.98 7,644,451 3,149,811 4,494,640 8,433,933 311,682
3. KINO Kino Indonesia Tbk 3,285.71 5,255,359 2,678,124 2,577,236 4,024,971 113,665
4. VICI Victoria Care Indonesia Tbk 2,508.79 959,769 329,538 630,231 1,046,189 148,366
5. TCID Mandom Indonesia Tbk 1,296.88 2,314,790 448,803 1,865,987 1,989,006 -54,777
1. UNVR Unilever Indonesia Tbk 36.88 40.73 34.89 145.09 0.76 3.16
2. UCID Uni-Charm Indonesia Tbk 18.75 1.34 4.08 6.93 0.41 0.70
3. KINO Kino Indonesia Tbk 28.90 1.19 2.16 4.41 0.51 1.04
4. VICI Victoria Care Indonesia Tbk 16.91 4.92 15.46 23.54 0.34 0.52
5. TCID Mandom Indonesia Tbk -23.68 0.70 -2.37 -2.94 0.19 0.24


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 UNVR*
-11.78%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 8,100 7,500 8,275 8,575 8,300 8,400 8,250 8,400 8,075 8,075 7,700 7,575
Lowest 6,825 5,650 6,650 7,750 7,900 7,800 8,050 7,800 7,825 7,625 7,350 6,925
Close 6,825 7,250 8,275 7,750 7,900 8,400 8,225 8,100 7,825 7,725 7,350 6,925
Adj. Close* 6,825 7,250 8,275 7,750 7,900 8,400 8,225 8,100 7,825 7,725 7,350 6,925
Growth (%) 6.23% 14.14% -6.34% 1.94% 6.33% -2.08% -1.52% -3.40% -1.28% -4.85% -5.78%
Volume (mill.) 298 601 372 340 351 300 251 279 170 350 350 541
Value (bill.) 2,228 4,034 2,723 2,747 2,853 2,415 2,053 2,259 1,352 2,732 2,647 3,960
Frequency (th.) 115 209 155 133 146 123 102 96 80 196 206 294
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Personal Care Products
Lowest 35,325 38,825 39,375 40,700 5,650
Close 36,700 55,900 45,400 42,000 7,350 1. UNVR -17.6% -5.8% -12.9% -36.4% -5.7%
Adj. Close* 7,340 11,180 9,080 8,400 1,470 2. UCID -8.8% -4.4% -24.1% n.a. n.a.
Growth (%) 52.32% -18.78% -7.49% -82.50% 3. KINO -30.7% -15.4% -20.7% 11.1% -39.5%
4. VICI n.a. 19.9% n.a. n.a. n.a.
Shares Traded 2016 2017 2018 2019 2020 5. TCID -4.1% -0.4% -34.2% -64.5% -60.4%
Volume 611 505 600 577 3,871
Value 26,108 23,813 28,206 26,249 29,794 Note:
Index Membership

4. IDX30 14. KOMPAS100 24.
5. IDX80 15. LQ45 25.
6. IDXESGL 16. MANUFACTUR 26.
9. IDXQ30 19. SRI-KEHATI 29.
10. Investor33 20. 30.


Date: 29 Jan 2021 v2.0.0

25
Current Assets 6,588,109 7,941,635 8,325,029 8,530,334 8,828,360
- - - - - -
Fixed Asset 9,529,476 10,422,133 10,627,387 10,715,376 10,419,902 20
- - - - - -
Total Assets 16,745,695 18,906,413 19,522,970 20,649,371 20,534,632 15
Trade Payable 4,641,910 4,527,110 4,572,600 4,516,954 4,277,617

- - - - - - 10
- - - - - -
- - - - - - 5
- - - - - - -
- - - - - - 2016 2017 2018 2019 2020
- - - - - -
Common Stocks 76,300 76,300 76,300 76,300 76,300 7,578
Par Value 10 10 10 10 10
5,173 5,282
Total Equity 4,704,258 5,173,388 7,578,133 5,281,862 4,937,368 4,937
4,704
Revenues 40,053,732 41,204,510 41,802,073 42,922,563 42,972,474
Gross Profit 20,459,096 21,219,734 21,092,273 22,028,693 22,456,990
Finance Costs -143,244 -127,682 -108,642 -230,230 -248,790
EBT 8,571,885 9,371,661 12,185,764 9,901,772 9,206,869
Tax -2,181,213 -2,367,099 -3,076,319 -2,508,935 -2,043,333
2016 2017 2018 2019 2020

Net Cash - Investing -1,779,098 -1,601,761 1,942,485 -1,446,367 -690,216 41,802
Net Increase/Decrease in C&CE -245,093 21,086 -59,179 285,512 215,268
C&CE, end of period 373,835 404,784 351,667 628,649 844,076 40,054
Current Ratio (%) 0.61 0.63 0.75 0.65 0.66
DAR (x) 0.72 0.73 0.61 0.74 0.76
DER (x) 2.56 2.65 1.58 2.91 3.16
EPS (IDR) n.a. n.a. 1,187.45 957.50 191.92 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 38.23 43.86 38.30

PBV (x) 59.53 82.44 45.71 60.67 56.79
ROA (%) 38.16 37.05 46.66 35.80 34.89 9,109
ROE (%) 135.85 135.40 120.21 139.97 145.09
GPM (%) 51.08 51.50 50.46 51.32 52.26 7,393 7,164
7,005
OPM (%) 21.74 23.07 22.62 23.57 22.04 6,391
NPM (%) 15.96 17.00 21.79 17.22 16.67
DPS (IDR) 799.00 870.00 915.00 1,205.00 194.00
DPR (%) n.a. n.a. 77.06 125.85 101.09
Dividend Yield (%) 2.18 1.56 2.02 2.87 2.64
2016 2017 2018 2019 2020

WIKA
Wijaya Karya (Persero) Tbk

WIKA Wijaya Karya (Persero) Tbk

Date: 29 Jan 2021 v2.0.0

PT Wijaya Karya (Persero) Tbk has a main business field of Construction Established Listing Date IPO Price (IDR) IPO Lead Underwriter
service. The company's President Director and President Commisioner are PT CIMB-GK
AGUNG BUDI WASKITO and JAROT WIDYOKO. The largest shareholder of the 11 Mar 1960 29 Oct 2007 420 Securities Indonesia
shareholding (<5%) is 34.94%. PT Wijaya Karya (Persero) Tbk has 8 Stock Overview
subsidiaries. One of the biggest subsidiaries is PT Wijaya Karya Realty.
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=WIKA

Domestic 21,525.7 7,112.4
Foreign 2,351.9 885.7 J Infrastructures J21 Heavy Constructions & Civil
Individual 3.28% 3.05% Engineering

Others 25.03% 1.79% J2 Heavy Constructions & Civil J211 Heavy Constructions & Civil
Year 2020 YTD 2021 Engineering Engineering
Total 23,877.6 7,998.2
Fundamental & ESG
YTD 2021
86.92x 1.00x 31.72 High
D 3,154.2 433.5 3,587.6
-527.0 -62.8
Buy

D 9,723.2 1,303.2 11,026.3 "Foreign Buy-Domestic Sell" minus "Foreign Sell- WIKA Sector PER Market PER
Domestic Buy".
29.71x 22.07x

2020 F - Rp50.96 17-Jun-20 18-Jun-20 09-Jul-20 2016 RI 11-Nov-16 2,850 80000:36697 2,640 0.926
2019 F - Rp38.60 10-May-19 13-May-19 28-May-19 - - - - - - -
2018 F - Rp26.82 03-May-18 07-May-18 25-May-18 - - - - - - -
2017 F - Rp33.86 27-Mar-17 30-Mar-17 18-Mar-17 - - - - - - -
2016 F - Rp20.35 10-May-16 12-May-16 27-May-16 - - - - - - -
Industry Peers

1. WIKA Wijaya Karya (Persero) Tbk 16,145.91 68,109,185 51,451,760 16,657,425 16,536,382 322,343
2. WSKT Waskita Karya (Persero) Tbk 19,207.14 105,588,960 89,011,405 16,577,555 16,190,457 -9,495,726
3. PTPP PP (Persero) Tbk 10,136.83 53,472,451 39,465,461 14,006,990 15,831,388 266,270
4. JKON Jaya Konstruksi Manggala Pratama 5,283.96 4,565,315 1,882,248 2,683,067 3,013,779 51,834
5. ADHI Adhi Karya (Persero) Tbk 4,860.56 38,093,889 32,519,078 5,574,810 10,827,682 23,703
1. WIKA Wijaya Karya (Persero) Tbk 86.92 1.00 0.47 1.94 0.76 3.09
2. WSKT Waskita Karya (Persero) Tbk -2.60 0.81 -8.99 -57.28 0.84 5.37
3. PTPP PP (Persero) Tbk 78.73 0.71 0.50 1.90 0.74 2.82
4. JKON Jaya Konstruksi Manggala Pratama 99.77 2.03 1.14 1.93 0.41 0.70
5. ADHI Adhi Karya (Persero) Tbk 202.72 0.87 0.06 0.43 0.85 5.83


Date: 29 Jan 2021 v2.0.0

Feb 03, 2020 - Jan 29, 2021 WIKA*
-4.26%
IHSG
-0.37%
LQ45
-4.33%
Sector**
Highest 2,080 1,875 1,220 1,085 1,390 1,270 1,320 1,250 1,255 1,695 2,080 2,360
Lowest 1,875 725 835 895 1,145 1,165 1,090 1,060 1,075 1,160 1,675 1,715
Close 1,875 835 950 1,085 1,200 1,190 1,240 1,095 1,205 1,620 1,985 1,800
Adj. Close* 1,875 835 950 1,085 1,200 1,190 1,240 1,095 1,205 1,620 1,985 1,800
Growth (%) -55.47% 13.77% 14.21% 10.60% -0.83% 4.20% -11.69% 10.05% 34.44% 22.53% -9.32%
Volume (mill.) 217 883 1,192 652 874 797 587 328 298 1,063 1,497 1,936
Value (bill.) 427 938 1,210 638 1,117 980 714 383 358 1,548 2,884 3,999
Frequency (th.) 46 101 133 75 113 94 73 47 46 138 236 329
Days 20 21 21 16 21 22 18 22 19 21 19 20
Price (IDR) 2016 2017 2018 2019 2020 Industry: Heavy Constructions & Civil Engineering
Lowest 2,615 1,505 1,100 1,645 725
Close 2,800 1,550 1,655 1,990 1,985 1. WIKA 51.3% -9.3% -4.8% -13.5% -35.7%
Adj. Close* 2,800 1,550 1,655 1,990 1,985 2. WSKT 126.4% -1.7% 15.0% -50.0% -8.2%
Growth (%) -44.64% 6.77% 20.24% -0.25% 3. PTPP 67.7% -12.3% 18.5% -47.8% -58.1%
4. JKON -10.0% -19.0% -33.6% -40.0% -61.7%
Shares Traded 2016 2017 2018 2019 2020 5. ADHI 127.5% -11.1% 32.5% -38.8% -46.5%
Volume 4,245 4,532 5,998 5,624 8,750
Value 11,523 9,588 9,792 11,698 11,939 Note:
Index Membership

2. IDX80 12. LQ45 22.
4. IDXINFRA 14. PROPERTY 24.
5. IDXSMC-COM 15. SMinfra18 25.
6. IDXSMC-LIQ 16. SRI-KEHATI 26.
7. IDXV30 17. 27.
8. ISSI 18. 28.
9. JII 19. 29.
10. JII70 20. 30.


Date: 29 Jan 2021 v2.0.0

80
Current Assets 21,552,498 34,910,108 43,555,496 42,335,472 47,980,946
Fixed Asset 3,465,843 3,932,109 4,675,679 5,154,534 5,170,557 60

- - - - - -
50
Total Assets 31,096,539 45,683,774 59,230,001 62,110,847 68,109,185
Trade Payable 4,680,244 8,924,986 13,183,374 12,762,368 14,241,491 40
Curr. Maturities - Bank Loans 676,401 441,424 259,373 1,000,000 5,605,000 30

- - - - - -
20
- - - - - -
Long-term Bonds Payable - - - - 1,491,232 2016 2017 2018 2019 2020
Long-term Sukuk - - - - 500,000
Common Stocks 896,995 896,995 896,995 896,995 896,995
Par Value 100 100 100 100 100 19,216
Total Equity 12,498,715 14,631,825 17,215,315 19,215,733 16,657,425 14,632
12,499
Revenues 15,668,833 26,176,403 31,158,193 27,212,914 16,536,382
Gross Profit 2,227,103 2,876,234 3,604,727 3,480,079 1,524,785
Operating Profit/Loss 1,700,168 2,199,561 2,818,982 2,549,536 630,216
Finance Costs - -677,973 -972,529 -884,252 -1,221,502
EBT 1,595,506 2,091,871 2,358,629 2,789,256 310,276
Tax -448,361 -735,755 -285,329 -168,241 12,067
2016 2017 2018 2019 2020
Comprehensive Attributable 993,552 1,158,684 1,860,118 2,190,255 173,794
31,158
27,213
Net Cash - Operating -1,119,609 1,885,252 2,722,531 833,091 141,279 26,176
Net Cash - Investing -811,128 -2,637,548 -4,917,958 -5,482,899 -5,059,580

Net Cash - Financing 8,637,588 2,727,823 4,876,803 1,039,309 9,477,948
Net Increase/Decrease in C&CE 6,706,851 1,975,527 2,681,376 -3,610,499 4,559,647 16,536
15,669
C&CE, end of period 9,270,000 11,253,778 13,973,766 10,346,734 14,951,761
Current Ratio (%) 1.48 1.34 1.54 1.39 1.09
DAR (x) 0.60 0.68 0.71 0.69 0.76
DER (x) 1.49 2.12 2.44 2.23 3.09
EPS (IDR) n.a. n.a. 153.83 247.75 109.56 2016 2017 2018 2019 2020
PER (x) n.a. n.a. 10.76 8.03 18.12

PBV (x) 2.01 0.95 0.86 0.93 1.07
ROA (%) 3.69 2.97 3.50 4.22 0.47
2,621
ROE (%) 9.18 9.27 12.04 13.64 1.94
GPM (%) 14.21 10.99 11.57 12.79 9.22
2,073
OPM (%) 10.85 8.40 9.05 9.37 3.81
NPM (%) 7.32 5.18 6.65 9.63 1.95
DPS (IDR) 20.35 33.86 26.82 38.60 50.96 1,356
1,147
DPR (%) n.a. n.a. 17.43 15.58 46.51
Dividend Yield (%) 0.73 2.18 1.62 1.94 2.57

2016 2017 2018 2019 2020

Contact Information Request for Repair Form
Data Management Unit If you have any inquiry regarding this statistical
[email protected] publication, please let us know your thoughts via our
Data Services Division | Indonesia Stock Exchange form:
Indonesia Stock Exchange Building 1st Tower, 6th Floor https://bit.ly/formIDXstat
Jl. Jend. Sudirman Kav 52-53
Jakarta Selatan 12190, Indonesia
Methodology
Term Description Term Description

YTD Year to Date: DAR (Debt to Total Liabilities divided by Total Asset.
- January data for date as of January; Asset Ratio)
- January to July data for date as of July. DER (Debt to Total Liabilities divided by Total Equity.
Free Float Total scripless shares owned by investors with share Equity Ratio)
ownership of less than 5% and excluding shares owned by EPS (Earnings 12 months trailing of Profit for the period attributable to
management and treasury stock. Per Share) owners of entity divided by number of listed shares.
Market Closing price multiplied by Number of listed shares.
Capitalization BV (Book Value) Total equity divided by number of listed shares.
PER (Price to Stock Price divided by Earings Per Share (EPS).
Earnings Ratio) EPS is derived by dividing the 12 months trailing of Profit for ROA (Return on 12 months trailing of Profit for the period attributable to
the period attributable to owners of entity by Number of Asset) owners of entity divided by Total Asset.
listed shares. ROE (Return on 12 months trailing of Profit for the period attributable to
Sector PER The median of PER of all listed stocks in a sector that have Equity) owners of entity divided by Total Equity.
positive earnings and below the 90 percent percentile as a OPM (Operating Operating profit/loss divided by Revenues
threshold determined by the IDX. Profit Margin)
Market PER The median of PER of all listed stocks in IDX that have NPM (Net Profit 12 months trailing of Profit for the period attributable to
positive earnings and below the 90 percent percentile as a Margin) owners of entity divided by Revenue.
threshold determined by the IDX. DPS (Dividend Total Cash Dividend per Share within a year (in IDR). The
PBV (Price to Stock Price divided by Book Value (BV). Per Share) cash dividends in USD are converted to IDR by multiplying
Book Value BV is derived by dividing the Total equity by Number of with BI rate as of payment date.
Ratio) listed shares. DPR (Dividend Dividend per share divided by Earnings per share
ESG Risk Rating Composed of three building blocks that contribute to a Payout Ratio)
company’s overall rating. These building blocks include Yield (%) Dividend per share divided by stock price
Corporate Governance, material ESG issues (MEIs), and
idiosyncratic ESG issues. C&CE Cash & Cash Equivalents.
Companies are grouped into one of five risk categories
(negligible, low, medium, high, severe)
© October 2022 Indonesia Stock Exchange

Disclaimer: The facts and opinions stated or expressed in this publication are for information purposes only and are not necessarily and must not be relied upon as being those of the
publisher or of the institutions for which the contributing authors work. Although every care has been taken to ensure the accuracy of the information contained within the publication, it should
not be by any person relied upon as the basis for taking any action or making any decision.
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Company Fact Sheet

Data Services Division

Ace Hardware Indonesia Tbk

ACES Ace Hardware Indonesia Tbk

Company Profile Company History

Total Trading Value* Free Float Shares Rank Rank

trading value by Domestic is the sum of

Dividend Payment Corporate Action

No. Code Company Name Market Total Profit/Loss for

© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE

ACES Ace Hardware Indonesia Tbk

Stock Performance & Trading Summary

Feb 03, 2020 - Jan 29, 2021 ACES*

Trading Summary of Last 12 Months

Yearly Trading Summary of Last 5 Years Comparison to Peers

No. Index Code No. Index Code

© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE

ACES Ace Hardware Indonesia Tbk

Financial Data & Ratios

Fixed Asset 588,765 359,229 443,895 502,038 1,477,190 6

Retained earnings 2,567,845 3,025,975 3,668,709 4,169,724 4,629,340 4,235

Total Equity 3,048,728 3,510,422 4,235,471 4,742,494 5,222,243 3,510

Net Cash - Financing -281,284 -302,259 -198,588 -547,512 -405,038 4,936

Net Increase/Decrease in C&CE 83,266 200,766 -101,955 453,927 967,597

PER (x) n.a. n.a. 26.94 25.79 35.32

© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE

Adaro Energy Indonesia Tbk

ADRO Adaro Energy Indonesia Tbk

Company Profile Company History

Total Trading Value* Free Float Shares Rank Rank

trading value by Domestic is the sum of

Dividend Payment Corporate Action

No. Code Company Name Market Total Profit/Loss for

© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE

ADRO Adaro Energy Indonesia Tbk

Stock Performance & Trading Summary

Feb 03, 2020 - Jan 29, 2021 ADRO*

Trading Summary of Last 12 Months

Yearly Trading Summary of Last 5 Years Comparison to Peers

No. Index Code No. Index Code

© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE

ADRO Adaro Energy Indonesia Tbk

Financial Data & Ratios

Curr. Maturities - Bank Loans 1,650,613 2,725,316 2,656,402 7,057,007 8,289,748

Net Cash - Investing -3,068,567 -5,871,473 -11,534,075 -7,509,438 -5,068,420

Net Increase/Decrease in C&CE 5,027,012 1,783,405 -3,863,039 8,953,792 -5,654,285

PER (x) n.a. n.a. 6.28 6.95 30.22

OPM (%) 21.16 29.40 28.07 21.17 16.23

© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE

AKR Corporindo Tbk

AKRA AKR Corporindo Tbk

Company Profile Company History

Total Trading Value* Free Float Shares Rank Rank

trading value by Domestic is the sum of

Dividend Payment Corporate Action

No. Code Company Name Market Total Profit/Loss for

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