AKPI Argha Karya Prima Industry Tbk.

[S]

COMPANY REPORT : JULY 2015

As of 31 July 2015

Development Board
Industry Sector : Basic Industry And Chemicals (3)
Industry Sub Sector : Plastics & Packaging (35)

Individual Index
:
Listed Shares
:
Market Capitalization :

110.805
680,000,000
571,200,000,000

351 | 0.54T | 0.01% | 99.35%

475 | 0.0004T | 0.00002% | 99.99990%

COMPANY HISTORY
Established Date
: 07-Mar-1980
Listing Date
: 18-Dec-1992
Under Writer IPO :
PT Jardine Fleming Nusantara
Securities Administration Bureau :
PT Raya Saham Registra
Plaza Central Building 2nd Fl.
Jln. Jend. Sudirman Kav. 47 - 48 Jakarta 12930
Phone : (021) 252-5666
Fax
: (021) 252-5028
BOARD OF COMMISSIONERS
1. Andry Pribadi
2. Amirsyah Risjad
3. Brenna Florence Pribadi
4. Henry Liem
5. Johan Paulus Yoranouw *)
6. Widjojo Budiarto *)
*) Independent Commissioners
BOARD OF DIRECTORS
1. Wilson Pribadi
2. Edward Djumali
3. Folmer Adolf Hutapea
4. Jeyson Pribadi
5. Jimmy Tjahjanto
AUDIT COMMITTEE
1. Johan Paulus Yoranouw
2. Iwan Budijanto Suryadi
3. Willie Tandanu
CORPORATE SECRETARY
Theodorus Leonardi
HEAD OFFICE
Jln. Pahlawan, Karang Asem
Citeureup 16810
Bogor
Phone : (021) 875-2707, ext. 3700
Fax
: (021) 875-2248, 879-02024, 876-4155
Homepage
Email

: www.arghakarya.com
: theo@arghakarya.com

SHAREHOLDERS (July 2015)

1. Asia Investment Limited
2. Shenton Finance Corporation
3. Nawa Panduta
4. Morgan Stanley & Co Int'l PLC - Client Acc.
5. PT Argha Karya Prima Indusri Tbk.
6. Public (<5%)
DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
1992
1993
1993
1994
1995
1996
1996
2008
2013
2013
2014

Shares

Dividend
40.00

2:1
55.00
60.00
65.00
3:2
25.00
40.00
17.00
17.00
8.00

Cum Date
13-Jul-93
10-Nov-93
08-Jul-94
16-Jun-95
29-May-96
13-Mar-97
30-Jun-97
02-Jul-09
23-Jun-14
23-Jun-14
02-Jul-15

Ex Date
14-Jul-93
11-Nov-93
11-Jul-94
19-Jun-95
30-May-96
14-Mar-97
01-Jul-97
03-Jul-09
24-Jun-14
24-Jun-14
03-Jul-15

117,747,275
115,835,001
92,133,534
73,032,133
67,752,000
213,500,057

Recording
Date
21-Jul-93
18-Nov-93
18-Jul-94
27-Jun-95
07-Jun-96
24-Mar-97
09-Jul-97
07-Jul-09
26-Jun-14
26-Jun-14
07-Jul-15

:
:
:
:
:
:

17.32%
17.35%
13.55%
10.74%
9.96%
31.09%

Payment
Date
20-Aug-93
18-Dec-93
29-Jul-94
18-Jul-95
05-Jul-96
21-Apr-97
31-Jul-97
22-Jul-09
08-Jul-14
09-Jul-14
28-Jul-15

F/I
F
B
F
F
F
F
F
F
F
F
F

ISSUED HISTORY
No.
1.
2.
3.
4.
5.
6.
7.
8.

Type of Listing
First Issue
Company Listing
Bonus Shares
Right Issue
Right Issue
Bonus Shares
Stock Split
Additional Listing without RI

Shares
16,000,000
64,000,000
40,000,000
9,505,115
2,494,885
44,000,000
176,000,000
328,000,000

Listing
Date
18-Dec-92
18-Dec-92
22-Dec-93
01-Mar-94
01-Mar-94
21-Apr-97
21-Apr-97
09-Oct-03

Trading
Date
18-Dec-92
18-Dec-92
22-Dec-93
27-Apr-94
28-Apr-94
21-Apr-97
21-Apr-97
09-Oct-03

AKPI Argha Karya Prima Industry Tbk. [S]

Closing
Price*

Volume
(Mill. Sh)

2,600

40.0

2,275

35.0

1,950

30.0

1,625

25.0

1,300

20.0

975

15.0

650

10.0

325

5.0

Jan-11

Jan-12

Jan-13

Jan-14

Jan-15

Closing Price*, Jakarta Composite Index (IHSG) and

Basic Industry and Chemicals Index
January 2011 - July 2015
180%
150%
120%
90%
60%
30%

28.8%
1.7%

-12.5%
-30%
-60%

Jan 11

Jan 12

Jan 13

Jan 14

Jan 15

SHARES TRADED

2011

2012

2013

2014

Jul-15

Volume (Million Sh.)

Value (Billion Rp)
Frequency (Thou. X)
Days

25
37
8
153

47
36
5
162

2
1
0.3
39

0.5
0.4
0.2
65

0.1
0.08
0.10
36

2,825
810
1,020
1,020

1,200
680
800
800

950
680
810
810

900
680
830
830

900
590
840
840

6.91
9.79
0.65

15.89
6.83
0.54

14.78
16.60
0.55

18.53
13.88
0.53

Price (Rupiah)
High
Low
Close
Close*

13.12
PER (X)
10.41
PER Industry (X)
0.94
PBV (X)
* Adjusted price after corporate action

Closing Price

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Argha Karya Prima Industry Tbk. [S]
January 2011 - July 2015

Month
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11

High
960
930
910
890
1,200
1,200
2,825
2,500
1,390
1,390
1,300
1,080

Low
940
930
910
860
880
940
1,000
1,180
810
950
900
850

Close
940
930
910
860
1,190
1,070
2,425
1,250
1,000
1,380
920
1,020

(X)
5
2
2
7
920
72
2,962
1,465
324
219
1,300
343

Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12

1,100
1,020
1,010
1,100
1,200
950
1,030
890
850
890
1,040
970

950
950
920
930
860
800
720
750
680
730
800
750

990
950
1,000
990
910
940
780
810
830
810
970
800

284
48
29
822
52
19
3,242
137
54
118
142
25

1,426
222
57
1,663
186
161
5,781
330
34,075
1,370
1,772
223

1,490
215
55
1,722
190
151
5,089
262
23,895
1,132
1,694
199

20
17
12
13
5
8
13
19
12
18
14
11

Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13

810
860
880
950
910
880
810
840
810

750
730
730
750
730
780
810
840
680

770
780
850
790
810
830
830
830
810
840
840
810

16
40
16
46
151
8
1
1
1
3

125
299
136
674
357
208
1
0.5
8
8

99
235
108
573
289
165
0.8
0.4
6
6

6
5
6
9
6
3
1
1
1
1

Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14

800
870
780
820
800
790
795
800
800
900
800
850

700
700
680
690
700
690
790
730
750
750
700
700

700
795
750
800
790
690
790
790
795
895
800
830

4
32
26
11
11
2
4
16
6
6
23
29

6
51
43
17
9
10
35
18
6
5
24
241

4
39
31
12
7
7
28
13
5
4
17
184

2
10
7
8
4
2
2
6
4
3
8
9

Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15

900
840
800
710
650
840

700
700
680
600
590
600

800
840
680
600
600
625
840

13
21
14
28
10
11

3
3
10
84
6
22

2
2
7
53
3
15

5
5
7
10
4
5

(Thou. Sh.) (Million Rp)

74
70
1,488
1,601
1,560
1,373
80
69
3,360
3,349
1,333
1,286
7,666
17,114
6,537
3,698
957
1,062
451
538
3,119
3,248
654
642

2
2
2
3
21
11
17
19
20
20
15
21

AKPI Argha Karya Prima Industry Tbk. [S]

Financial Data and Ratios

Book End : December

Public Accountant : Purwantono, Suherman & Surja (Member of Ernst & Young Global Limited)
Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

68,906

96,626

53,592

84,559

63,189

Receivables

167,059

255,873

298,445

416,208

400,046

Inventories

215,519

213,500

286,221

291,431

290,134

Current Assets

501,822

673,911

792,098

943,606

920,128

Fixed Assets

698,017

776,846

808,101

996,051

1,060,731

BALANCE SHEET

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash & Cash Equivalents

Other Assets
Total Assets

Assets

1,800
1,350

1,297,898

1,556,601

1,714,834

2,084,567

2,227,043

19.93%

10.17%

21.56%

6.83%

450
-

Growth (%)
Current Liabilities

280,154

483,167

563,999

694,269

812,877

Long Term Liabilities

328,793

308,877

307,569

360,962

378,320

Total Liabilities

608,947

792,044

871,568

1,055,231

1,191,197

30.07%

10.04%

21.07%

12.88%

1,000,000

1,000,000

1,000,000

1,000,000

1,000,000

340,000

340,000

340,000

340,000

340,000

Paid up Capital (Shares)

680

680

680

680

680

Par Value

500

500

500

500

500

Growth (%)

Liabilities

2,250

900

2010

2011

2012

2013

2014

TOTAL EQUITY (Bill. Rp)

Authorized Capital
Paid up Capital

Retained Earnings

688,951

174,598

205,734

240,394

264,695

Total Equity

688,951

764,557

843,267

1,029,336

1,035,846

10.97%

10.29%

22.07%

0.63%

Growth (%)
INCOME STATEMENTS
Total Revenues

Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

1,099,386

1,505,559

1,509,185

1,663,385

1,945,383

36.95%

0.24%

10.22%

16.95%
1,725,998

Growth (%)
Cost of Revenues

891,082

1,295,080

1,317,817

1,453,787

Gross Profit

208,305

210,479

191,368

209,598

219,385

Expenses (Income)

113,045

110,299

106,077

118,762

115,856

95,260

100,180

85,291

90,836

103,529

5.16%

-14.86%

6.50%

13.97%

Operating Profit

Growth (%)

1,029

1,036

2013

2014

1,036

825

765

689

843

613

402

191

-21

2010

2011

2012

TOTAL REVENUES (Bill. Rp)

1,945
1,945

1,506

1,509

2011

2012

1,663

1,549

Other Income (Expenses)

-6,512

-21,601

-27,253

-24,420

-42,323

Income before Tax

89,815

78,579

58,038

66,417

61,206

Tax

27,386

21,794

26,922

31,796

26,516

Profit for the period

62,429

56,784

31,116

34,620

34,691

-9.04%

-45.20%

11.26%

0.20%

Growth (%)

1,099
1,152

755

358

Period Attributable

62,233

56,789

31,136

34,660

34,709

Comprehensive Income

68,000

62,492

78,710

186,070

16,918

Comprehensive Attributable

67,047

62,497

78,731

186,110

16,940

Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

179.12

139.48

140.44

135.91

113.19

RATIOS
Current Ratio (%)

34.00

8.00

91.52

83.51

45.79

50.97

51.04

BV (Rp)

1,013.16

1,124.35

1,240.10

1,513.73

1,523.30

DAR (X)

0.47

0.51

0.51

0.51

0.53

DER(X)

0.88

1.04

1.03

1.03

1.15

ROA (%)

4.81

3.65

1.81

1.66

1.56

ROE (%)

9.06

7.43

3.69

3.36

3.35

GPM (%)

18.95

13.98

12.68

12.60

11.28

OPM (%)

8.66

6.65

5.65

5.46

5.32

NPM (%)

5.68

3.77

2.06

2.08

1.78

Payout Ratio (%)

66.70

15.67

Yield (%)

4.20

0.96

Dividend (Rp)
EPS (Rp)

-39

2010

2013

2014

PROFIT FOR THE PERIOD (Bill. Rp)

62
57

62

50

31

37

35

35

2013

2014

24

11

-1

2010

2011

2012