SMSM Presentation JP Morgan Asia Rising Dragons Forum KL 2014

Asia Rising Dragons Forum
JP Morgan

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New Export Destinations 2013 ;
Barbados
Denmark
Macedonia

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9

5

DIVIDEND POLICY
Dividend percentage of net income are :
Net income up to Rp 10 billion : 35% ;
Net income above Rp 10 billion - Rp 30 billion : 40% ;
Net income above Rp 30 billion : 45%.

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Financial Highlights

1Q’14(U)

1Q’13(U)

2013

2012

Net Sales

628

500

2.373

2.269

Gross Profit

166

136

638

600

Net Income attributable to:
Equity holders of the Parent Company
Non-controlling Interest

83
6

51
6

308
30

219
35

Current Asset

1.097

939

1.097

986

Total Asset

1.716

1.508

1.701

1.556

Current Liabilities

459

382

523

481

Total Liabilities

620

552

694

646

Equity attributable to :
Equity holders of the Parent Company
Non-controlling Interest

921
175

790
165

838
169

645
175

EPS

58

36

214

152

Amount In Billion Rupiah except EPS

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Financial Ratio

1Q’14(U)

1Q’13(U)

2013

2012

Net Sales Growth

26%

5%

Asset Growth

14%

9%

Equity Growth *)

17%

30%

Gross Profit Margin

26%

27%

27%

26%

Net Income Margin *)

13%

10%

13%

10%

Return on Assets

5%

4%

20%

16%

Return on Equity *)

9%

6%

37%

34%

Total Debt / Total Asset

36%

37%

41%

42%

Total Debt / Total Equity

57%

58%

69%

79%

Current Ratio

239%

246%

210%

205%

*) attributable to Equity holders of Parent Company

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Amount in Billion Rupiah

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63

8

92

*
Sales (Rp)

Market
1Q-2014

%

1Q-2013

%

FY
2013

%

FY
2012

%

Export

430

68%

301

60%

1.479

62%

1.339

59%

Local

198

32%

198

40%

894

38%

930

41%

Total

628

100%

500

100%

2.373

100%

2.269

100%

Sales (Rp)
Product

1Q-2014

%

1Q-2013

%

FY
2013

%

FY
2012

%

Filter

481

77%

354

71%

1.687

71%

1.560

69%

Radiator

96

15%

91

18%

398

17%

385

17%

Body Maker

38

6%

44

9%

198

8%

296

13%

Trading

76

12%

74

15%

329

14%

290

13%

Others

85

14%

59

12%

270

11%

237

10%

(148)

(24%)

(121)

(24%)

(509)

(21%)

(498)

(22%)

628

100%

500

100%

2.373

100%

2.269

100%

(Eliminasi)
Total

Amount In Billion Rupiah

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32
Position as per
31 Des’13

Changes

Position as per
31 Mar’14

Changes

Net Sales

Rp. 2.373 T

4,57%

Rp. 628 B

25,7%

Net Income

Rp. 308 B

40,39%

Rp. 83 B

62,3%

Rp. 214

40,39%

Rp. 58

62,3%

EPS

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Special Apps, $0.5

Other, $6

Gas Turbine, $0.8

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HD
Engine/Mobile, $8

Electronics, $1

Industrial Air, $4
HVAC, $5
Automotive, $3
Medical and
Pharmaceutical, $5

Ind. Hydraulic, $1
Aerospace &
Defense, $1

Food and
Beverage, $5

Water
Filtration, $10

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HD
Engine/Mobile, $8

Industrial Air, $4

$ 16 Billion

Automotive, $3

Ind. Hydraulic, $1

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The Best Vendor Contribution for Automotive Parts 2013
The Best Vendor Performance 2013

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