Professional Documents
Culture Documents
2
• TANGGAL PENDIRIAN 1972
• DATE OF ESTABLISHMENT
• PENCATATAN DI BURSA
• STOCK EXCHANGE REGISTRATION 1990
Company Profile
Profil Perseroan 3
PT. ERATEX DJAJA
Tbk
PT. ERATEX
PT. ERATEX GARMENT
(HONGKONG) Ltd
99 %
100 %
Company Profile
Profil Perseroan 4
Shareholders Share %
4.62%
Company Profile
Profil Perseroan 5
Shareholders Share %
4.62%
Company Profile
Profil Perseroan 6
Market
Period Highest (Rp) Lowest (Rp) Closing (Rp) Volume (Share) Value Rp (million) Capitalization Rp
(million)
2016 2017 2016 2017 2016 2017 2016 2017 2016 2017 2016 2017
Q1 1,170 173 905 122 1,120 150 5,036,800 256,400 5,291 37 180,116 192,981
Q2** 240 208 185 116 226 122 78,800 740,800 18 105 290,758 156,958
136,464,
Q3 278 236 176 115 200 145 769,200 153 23,795 257,308 186,548
800
59,858,
Q4 220 177 155 108 165 118 466,400 82 9,504 212,279 151,812
600
*Before stock split 29th June 2016/Sebelum Stock Split 29 Juni 2016
** After stock split 29th June 2016/Setelah Stock Split 29 Juni 2016
7
Value Rp
2017 Highest (Rp) Lowest (Rp) Closing (Rp) Volume (Share)
(full amount)
8
9
in thousand USD
71,671
72,000
71,500 70,555
71,000
70,500
70,000 69,182
69,500
69,000
68,500
68,000
67,500
2015 2016 2017
Company Profile
Profil Perseroan 10
REGION 2017 2016
USA 47.10% 44.79%
EUROPE 8.40% 8.35%
JAPAN 39.60% 38.76%
OTHER COUNTRIES* 4.30% 7.73%
LOCAL 0.60% 0.38%
TOTAL 100.00% 100.00%
* Export to China, Hong Kong, Korea, Mexico
4.30% 0.60%
USA
47.10%
39.60% EUROPE
JAPAN
OTHER COUNTRIES*
LOCAL
8.40%
Company Profile
Profil Perseroan 11
BUYER 2017 (US$ )
Ann Taylor 10,186
VF-Nautica 579
Sojitz 29,075
Others* 5,224
5,224 10,186
Ann Taylor
10,748 VF-Wrangler & Lee
29,075 VF-Nautica
Company Profile
Profil Perseroan 12
Sales increased due to increase in sewing capacity in 2017%
Pre-operative cost (wages during training period) relating to capacity expansion and low productivity
during learning curve for new workers increased operational cost
Due to market fluctuations existing buyers gave huge volumes of new products with complex washes
which increased operational challenges resulting into high wastages and affected profitability
temporarily.
Due to operational challenges, deliveries slide from the target, resulting into higher airfreight & sales
cost.
Operational Performance
Kinerja Operasi 13
Company invested substantially to bring automation in Laundry operations. Expected to start from Q-2,
2018
Company got awards from two of its prestigious buyers as “best “ in Social compliances and
sustainability.
Overall a year of growth and improvement which will help company to sustain in the coming years
Operational Performance
Kinerja Operasi 14
in thousand USD
Operational Performance
Kinerja Operasi 15
in thousand USD
2017 2016 2015
JUMLAH ASET LANCAR 28,014 21,464 26,716 CURRENT ASSETS
JUMLAH ASET TIDAK NON CURRENT
31,245 31,195 26,275
LANCAR ASSETS
TOTAL ASET 59,259 52,659 52,991 TOTAL ASSETS
JUMLAH LIABILITAS
26,956 16,920 21,234 CURRENT LIABILITIES
LANCAR
JUMLAH LIABILITAS NON CURRENT
14,426 15,738 14,621
JANGKA PANJANG LIABILITIES
TOTAL LIABILITAS 41,382 32,658 35,855 TOTAL LIABILITIES
TOTAL EKUITAS 17,877 20,001 17,136 TOTAL EQUITY
Operational Performance
Kinerja Operasi 16
in thousand USD
Operational Performance
Kinerja Operasi 17
in thousand USD
29,567 29,899
28,014 26,716
25,500
21,464
CURRENT ASSETS
FIXED ASSETS
OTHER ASSETS
Operational Performance
Kinerja Operasi 18
2017 2016 2015
Operational Performance
Kinerja Operasi 19
in thousand USD
Projected 2017 2016
% % %
2018 ( Audited) (audited)
PENDAPATAN 75,200 100% 71,671 100% 70,555 100% REVENUE
GROSS
LABA KOTOR 5.966 8% 3,308 5% 6,409 9%
PROFIT
OPERATING
LABA USAHA 2,550 3% (685) -1% 3,176 4%
PROFIT
LABA (RUGI) NET PROFIT
1,590 2% (1,762) -2% 1,559 2%
BERSIH (LOSS)
Projected Performance
Proyeksi Kinerja 20
in thousand USD
Projected Performance
Proyeksi Kinerja 21
Competition in garment business will remain tough from other countries. ( Bangladesh, Vietnam)
Reducing cost by bringing automation & increasing productivity will remain the key to remain
competitive
Retail market of our buyers is also getting competitive due to various online sale portals.
Demand of garments will remain there as it is linked with population which keeps on increasing
Increase in fabric mills in Indonesia will help reducing cost of garment produced in Indonesia
Indonesia is recognized as quality producer of garment which helps in attracting premium buyers.
Business is expected to flow from Bangladesh due to unusual wage hike demand by workforce in
Bangladesh which will increase their cost of operations
22
Company’s existing buyer from Japan and USA has given higher projections for 2018
23