ASRI Alam Sutera Realty Tbk.

COMPANY REPORT : JANUARY 2019 As of 31 January 2019

Main Board Individual Index : 339.048
Industry Sector : Property, Real Estate & Building Construction (6) Listed Shares : 19,649,411,888
Industry Sub Sector : Property And Real Estate (61) Market Capitalization : 6,995,190,632,128
136 | 7.00T | 0.09% | 88.59%

160 | 1.33T | 0.06% | 94.35%

COMPANY HISTORY SHAREHOLDERS (December 2018)

Established Date : 03-Nov-1993 1. PT Manunggal Prime Development 4,188,337,864 : 21.32%
Listing Date : 18-Dec-2007 (IPO Price: 105) 2. Tangerang Fajar Industrial Estate 2,982,450,000 : 15.18%
Underwriter IPO : 3. PT Tangerang Fajar Industrial Estate 1,971,650,000 : 10.03%
PT Ciptadana Securities 4. MKES-Client Repo 1,704,550,000 : 8.67%
Securities Administration Bureau : 5. Public (<5%) 8,802,424,024 : 44.80%
PT Raya Saham Registra
DIVIDEND ANNOUNCEMENT
BOARD OF COMMISSIONERS Bonus Cash Recording Payment
F/I
1. Harjanto Tirtohadiguno Year Shares Dividend Cum Date Ex Date Date Date
2. Angeline Sutedja 2008 0.69 3-Jul-09 6-Jul-09 9-Jul-09 24-Jul-09 F
3. Pingki Elka Pangestu *) 2009 1.05 20-Jul-10 21-Jul-10 23-Jul-10 6-Aug-10 F
4. Prasasto Sudyatmiko *) 2010 4.03 1-Jul-11 4-Jul-11 6-Jul-11 20-Jul-11 F
5. The Nicholas 2011 6.13 5-Jul-12 6-Jul-12 10-Jul-12 24-Jul-12 F
*) Independent Commissioners 2012 14.60 25-Jun-13 26-Jun-13 28-Jun-13 12-Jul-13 F
2014 7.00 30-Jun-15 1-Jul-15 3-Jul-15 24-Jul-15 F
BOARD OF DIRECTORS 2016 1.50 14-Jun-17 15-Jun-17 19-Jun-17 7-Jul-17 F
1. Joseph Sanusi Tjong
2. Andrew Charles Walker ISSUED HISTORY
3. Lilia Setiprawarti Sukotjo Listing Trading
4. R. M Frangky AD No. Type of Listing Shares Date Date
1. First Issue 3,142,000,000 18-Dec-07 18-Dec-07
AUDIT COMMITTEE 2. Company Listing 13,986,810,000 18-Dec-07 18-Aug-08
1. Prasasto Sudyatmiko 3. Warrant 4,974,500 11-Jun-09 11-Jun-09
2. Cecylia Ratna Sari S 4. Warrant 40,050,000 18-Jun-09 18-Jun-09
3. Stania Suwita Pranoto 5. Warrant 1,000,000 19-Jun-09 19-Jun-09
6. Warrant 18,500,000 22-Jun-09 22-Jun-09
CORPORATE SECRETARY 7. Warrant 20,000,000 28-Jul-09 28-Jul-09
Tony Rudiyanto 8. Warrant 250,000 12-Oct-09 12-Oct-09
9. Warrant 3,325,000 14-Oct-09 14-Oct-09
HEAD OFFICE 10. Warrant 55,000,000 23-Oct-09 23-Oct-09
Wisma Argo Manunggal 18th Floor 11. Warrant 45,500,000 27-Oct-09 27-Oct-09
Jl. Jend. Gatot Subroto, Kav.22 12. Warrant 27,500,000 28-Oct-09 28-Oct-09
Jakarta 12930 13. Warrant 63,108,500 29-Oct-09 29-Oct-09
Phone : (021) 252-3838 14. Warrant 15,000,000 3-Nov-09 3-Nov-09
Fax : (021) 252-5050 15. Warrant 60,000,000 24-Nov-09 24-Nov-09
Homepage : www.alamsuterarealty.co.id 16. Warrant 27,500,000 26-Nov-09 26-Nov-09
Email : [email protected] 17. Warrant 388 3-Dec-09 3-Dec-09
[email protected] 18. Warrant 27,500,000 10-Dec-09 10-Dec-09
19. Warrant 277,976,000 14-Dec-09 14-Dec-09
20. Warrant 15,000,000 15-Dec-09 15-Dec-09
21. Warrant 1,695,000 21-Dec-09 21-Dec-09
22. Warrant 30,412,500 28-Dec-09 28-Dec-09
23. Add. Listing without RI 1,786,310,000 25-Jan-12 25-Jan-12
 ASRI Alam Sutera Realty Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Alam Sutera Realty Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2015 - January 2019 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
700 3,200 Jan-15 620 550 595 29,139 1,821,531 1,069,965 21
Feb-15 700 585 670 36,985 2,518,964 1,623,053 19
613 2,800 Mar-15 675 525 555 61,613 2,758,825 1,604,821 22
Apr-15 680 545 615 36,708 2,218,790 1,396,763 21
May-15 675 600 600 28,356 1,153,314 745,260 19
525 2,400
Jun-15 625 500 575 39,772 1,309,474 732,783 21
Jul-15 585 505 505 31,143 1,266,002 700,001 19
438 2,000
Aug-15 525 323 354 69,420 2,160,455 875,763 20
Sep-15 362 307 316 53,105 1,676,933 572,259 21
350 1,600
Oct-15 428 317 389 104,304 3,309,709 1,294,183 21
Nov-15 396 323 339 58,540 1,555,477 559,415 21
263 1,200 Dec-15 372 323 343 29,391 711,010 251,865 19

175 800 Jan-16 352 317 321 27,569 553,709 182,447 20

Feb-16 379 322 344 42,404 1,162,649 404,017 20
88 400 Mar-16 400 345 372 47,896 1,402,814 530,961 21
Apr-16 426 370 396 50,081 1,224,963 489,098 21
May-16 412 360 386 38,420 1,256,238 517,928 20
Jun-16 515 384 480 58,344 2,614,181 1,231,777 22
Jan-15 Jan-16 Jan-17 Jan-18 Jan-19
Jul-16 560 472 525 45,868 1,743,472 885,649 16
Aug-16 585 476 492 52,326 1,712,519 916,410 22
Sep-16 510 436 462 39,848 1,059,014 506,184 21
Closing Price*, Jakarta Composite Index (IHSG) and Oct-16 482 436 448 35,543 855,900 398,007 21
Property, Real Estate and Bulding Construction Index Nov-16 454 362 380 33,427 787,757 317,859 22
January 2015 - January 2019 Dec-16 404 332 352 28,453 1,095,409 414,505 20
45%
Jan-17 416 346 382 42,904 1,176,518 457,202 21
30% Feb-17 408 372 372 24,008 564,802 221,702 19
24.6% Mar-17 378 358 362 21,069 363,287 133,320 22
15% Apr-17 368 346 348 17,761 338,388 119,689 17
May-17 352 314 334 17,122 375,769 125,331 20
- Jun-17 338 316 318 11,883 195,735 63,605 15
Jul-17 328 302 322 16,825 383,154 121,772 21
-12.6% Aug-17 374 324 358 32,494 977,795 354,681 22
-15%
Sep-17 408 330 378 38,906 1,169,163 442,839 19
Oct-17 414 372 406 33,094 866,360 339,528 22
-30%
Nov-17 412 368 370 24,518 505,756 197,833 22
-38.6% Dec-17 374 336 356 21,951 3,271,073 1,090,900 18
-45%

Jan-18 408 340 394 36,212 883,800 339,643 22

-60% Feb-18 420 368 392 29,020 904,404 357,067 19
Mar-18 406 370 378 22,409 638,408 247,076 21
-75% Apr-18 400 354 364 17,081 238,034 91,002 21
Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 May-18 374 324 354 27,209 367,238 127,002 20
Jun-18 370 322 328 14,213 165,307 58,304 13
Jul-18 342 292 320 15,295 168,808 54,649 22
SHARES TRADED 2015 2016 2017 2018 Jan-19 Aug-18 340 310 326 12,928 126,339 41,555 21
Volume (Million Sh.) 22,460 15,469 10,188 4,207 366 Sep-18 324 278 286 13,258 167,432 49,017 19
Value (Billion Rp) 11,426 6,795 3,668 1,538 127 Oct-18 298 260 278 14,750 105,532 29,680 23
Frequency (Thou. X) 578 500 303 235 28 Nov-18 348 270 348 18,928 256,002 79,388 21
Days 244 246 238 240 22 Dec-18 358 308 312 14,052 185,426 63,196 18

Price (Rupiah) Jan-19 376 308 356 28,186 365,899 127,494 22

High 700 585 416 420 376
Low 307 317 302 260 308
Close 343 352 356 312 356
Close* 343 352 356 312 356

PER (X) 11.30 7.86 5.07 7.20 8.21

PER Industry (X) 13.36 24.89 14.52 27.07 28.17
PBV (X) 1.02 0.94 0.82 0.67 0.76
* Adjusted price after corporate action
 ASRI Alam Sutera Realty Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Paul Hadiwinata, Hidajat, Arsono, Achmad, Suharli & Partners

BALANCE SHEET Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(in Million Rp, except Par Value) Assets Liabilities
Cash & Cash Equivalents 880,754 638,388 1,189,459 718,086 563,364 21,250

Receivables 192,197 153,124 199,361 233,245 239,119

17,000

Inventories 930,602 1,156,083 1,208,484 960,844 607,112

12,750
Investment - - - - -
Fixed Assets 957,762 1,097,190 1,148,604 1,225,364 1,305,146
8,500
Other Assets 74,140 64,345 151,129 173,861 163,619
Total Assets 16,924,367 18,709,870 20,186,131 20,728,430 21,028,276
4,250
Growth (%) 10.55% 7.89% 2.69% 1.45%
-
Trade Payable 160,587 1,033,021 347,618 201,249 166,918 2014 2015 2016 2017 Sep-18
Total Liabilities 10,553,173 12,107,460 12,998,286 12,155,739 11,811,173
Growth (%) 14.73% 7.36% -6.48% -2.83%
TOTAL EQUITY (Bill. Rp)
9,217
Authorized Capital 2,400,000 2,400,000 2,400,000 2,400,000 2,400,000 9,217 8,573

Paid up Capital 1,964,941 1,964,941 1,964,941 1,964,941 1,964,941 7,188

19,649 19,649 19,649 19,649 19,649 6,371 6,602
Paid up Capital (Shares)
7,337

Par Value 100 100 100 100 100

3,599,980 4,061,177 4,580,277 5,923,606 6,568,221
5,457

Retained Earnings
Total Equity 6,371,194 6,602,410 7,187,845 8,572,692 9,217,103 3,576

Growth (%) 3.63% 8.87% 19.27% 7.52%

1,696

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

Total Revenues 3,630,914 2,783,700 2,715,689 3,917,107 3,203,107
-184

2014 2015 2016 2017 Sep-18

Growth (%) -23.33% -2.44% 44.24%

Cost of Revenues 1,324,196 727,637 1,250,830 1,541,084 1,178,435

TOTAL REVENUES (Bill. Rp)
Gross Profit 2,306,718 2,056,063 1,464,859 2,376,023 2,024,672
Operating Expenses 398,953 1,297,106 873,506 931,359 1,336,082 3,917
3,631
Operating Profit 1,907,766 - - 1,444,664 688,590
3,917

3,203
Growth (%) -100.00% 2,784 2,716
3,118

Other Income (Expenses) -521,999 - - - - 2,319

Income Before Tax 1,385,767 758,957 591,353 1,444,664 688,590

Tax 208,812 74,670 81,110 59,475 49,877 1,520

Profit for the period 1,176,955 684,288 510,243 1,385,189 638,713

Growth (%) -41.86% -25.43% 171.48%
721

-78

Period Attributable 1,176,955 596,515 508,781 1,379,980 638,995 2014 2015 2016 2017 Sep-18
Comprehensive Income 1,176,955 686,485 520,649 1,377,950 644,412
Comprehensive Attributable 1,097,418 598,743 519,100 1,372,803 644,616
PROFIT FOR THE PERIOD (Bill. Rp)
RATIOS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 1,385
Dividend (Rp) 7.00 - 1.50 - - 1,385

1,177
EPS (Rp) 59.90 34.82 25.97 70.50 32.51
BV (Rp) 324.24 336.01 365.80 436.28 469.08 1,103

DAR (X) 0.62 0.65 0.64 0.59 0.56

684
DER(X) 1.66 1.83 1.81 1.42 1.28 639
820

6.95 3.66 2.53 6.68 3.04 510

ROA (%) 537

ROE (%) 18.47 10.36 7.10 16.16 6.93

GPM (%) 63.53 73.86 53.94 60.66 63.21 255

OPM (%) 52.54 - - 36.88 21.50

NPM (%) 32.41 24.58 18.79 35.36 19.94
-28

2014 2015 2016 2017 Sep-18

Payout Ratio (%) 11.69 - 5.78 - -
Yield (%) 2.45 - 0.52 - -

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