BUDI Budi Acid Jaya Tbk.

[S]
COMPANY REPORT : FEBRUARY 2013
Main Board
Industry Sector : Basic Industry And Chemicals (3)
Industry Sub Sector : Chemicals (34)

As of 28 February 2013
:
Individual Index
:
Listed Shares
Market Capitalization :

63.412
4,098,997,362
479,582,691,354

307 | 0.48T | 0.01% | 99.29%

252 | 0.17T | 0.01% | 99.33%

COMPANY HISTORY
Established Date : 15-Jan-1979
Listing Date
: 08-May-1995
Under Writer IPO :
PT Inter-Pacific Securities
PT Lippo Securities
PT DBS Securities Indonesia
Securities Administration Bureau :
PT Sinartama Gunita
Plaza BII Menara 1, 9th Fl.
Jln. M.H. Thamrin No. 51 Jakarta 10350
Phone : 392-2332
Fax
: 392-3003
BOARD OF COMMISSIONERS
1. Widarto
2. Daniel Kandinata *)
3. Oey Alfred
*) Independent Commissioners
BOARD OF DIRECTORS
1. Santoso Winata
2. Djunaedi Nur
3. Oey Albert
4. Sudarmo Tasmin
5. Sugandhi
6. Tan Anthony Sudirdjo
7. Winoto Prajitno
AUDIT COMMITTEE
1. Daniel Kandinata
2. Ariffin
3. Liesye Lestari
CORPORATE SECRETARY
Mawarti Wongso
HEAD OFFICE
Wisma Budi Lt. 8-9
Jln. H.R. Rasuna Said Kav.C-6
Jakarta
Phone : (021) 521-3383
Fax
: (021) 521-3339, 521-3392
Homepage
Email

: www.budiacidjaya.com
: mawarti.wongso@sungaibudi.com

SHAREHOLDERS (February 2013)

1. PT Budi Delta Swakarya
2. PT Sungai Budi
3. Public (<5%)
DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year Shares Dividend Cum Date
50.00
20-Jul-95
1994
1995
100.00 09-Oct-95
1995
1:1
50.00
10-Jul-96
1996
100.00 04-Dec-96
1996
50.00
21-Jul-97
1997
4:1
21-Jul-97
1999
30.00 28-Mar-00
2007
3.00 04-Dec-07
2007
1.80
10-Jul-08
2008
7.00 08-Sep-08
2008
6.00 03-Sep-09
2009
9.67 15-Jun-10
2010
4.63 - 5.03 13-Jun-11
8.00 28-Sep-11
2011
2011
8.00 28-Sep-11

1,083,143,833 :
1,025,691,370 :
1,990,162,159 :

Ex Date
21-Jul-95
10-Oct-95
11-Jul-96
05-Dec-96
22-Jul-97
22-Jul-97
29-Mar-00
05-Dec-07
11-Jul-08
09-Sep-08
04-Sep-09
16-Jun-10
14-Jun-11
29-Sep-11
29-Sep-11

Recording
Date
31-Jul-95
18-Oct-95
19-Jul-96
13-Dec-96
31-Jul-97
31-Jul-97
11-Apr-00
07-Dec-07
15-Jul-08
11-Sep-08
08-Sep-09
18-Jun-10
16-Jun-11
03-Oct-11
03-Oct-11

26.42%
25.02%
48.55%

Payment
Date
14-Aug-95
25-Oct-95
15-Aug-96
23-Dec-96
13-Aug-97
13-Aug-97
18-Apr-00
27-Dec-07
29-Jul-08
23-Sep-08
15-Sep-09
29-Jun-10
28-Jun-11
11-Oct-11
11-Oct-11

F/I
F
I
F
I
F
I
I
F
I
F
F
F
I
I

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

Shares
30,000,000
70,000,000 T:
150,000,000 T:
12,500,000
787,500,000
Additional Listing without Right Issue
181,500,000
Right Issue
2,463,000,000
Warrant I
404,497,362 T:
Type of Listing
First Issue
Company Listing
Bonus Shares
Additional Listing
Stock Split

Listing
Date
08-May-95
08-May-95 :
16-Aug-96 :
05-Jan-99
28-Sep-99
24-Feb-05
01-Aug-07
23-Jan-08 :

Trading
Date
08-May-95
30-Nov-95
14-Aug-97
05-Jan-99
28-Sep-99
24-Feb-05
01-Aug-07
16-Jul-12

BUDI Budi Acid Jaya Tbk. [S]

TRADING ACTIVITIES

Closing Price* and Trading Volume

Budi Acid Jaya Tbk. [S]
January 2009 - February 2013

Closing Price
Volume
(Mill. Sh)

360

240

315

210

270

180

225

150

180

120

135

90

90

60

45

30

Jan-09

Jan-10

Jan-11

Jan-12

Jan-13

Closing Price*, Jakarta Composite Index (IHSG) and

Basic Industry and Chemicals Index
January 2009 - February 2013
315%

Close
125
120
129
142
163
185
240
245
245
240
220
220

370
396
3,492
1,751
1,064
740
460
1,329
545
308
99
63

208,231
5,607
36,104
42,071
27,824
20,673
10,721
49,266
16,131
15,323
2,165
1,095

33,252
701
4,768
5,816
4,287
3,747
2,278
11,536
3,803
3,648
478
234

18
20
20
20
20
22
20
20
18
22
17
18

Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10

240
245
245
255
240
220
250
245
250
235
245
250

205
191
215
230
165
190
200
220
220
215
165
205

205
225
240
240
210
205
235
225
230
215
210
220

485
542
1,176
1,253
445
229
809
210
301
357
1,024
783

42,517
10,132
11,099
18,431
5,530
6,843
17,899
12,137
7,925
40,936
12,469
9,803

9,717
2,256
2,571
4,467
1,143
1,450
4,099
2,779
1,907
9,217
2,752
2,241

19
19
22
21
18
21
20
18
13
19
20
19

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

245
240
225
245
285
290
320
345
330
245
230
250

205
215
205
215
225
230
255
245
230
183
200
210

220
225
215
235
250
270
295
270
235
235
205
240

1,047
434
686
475
2,968
4,654
4,649
2,891
2,231
2,221
744
3,387

11,195
8,789
6,693
10,822
81,057
129,812
182,198
105,184
234,412
37,949
13,057
198,818

2,544
2,042
1,421
2,504
20,579
33,432
51,855
31,888
65,229
7,810
2,774
46,627

21
17
23
18
21
20
21
19
20
21
22
21

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

285
260
255
255
245
193
175
167
155
158
142
137

230
240
225
230
188
169
165
146
132
117
131
111

250
245
240
245
190
169
167
154
136
141
133
114

1,965
501
444
480
849
1,336
812
384
802
7,298
653
574

86,411
8,524
8,152
11,059
18,284
179,695
44,524
172,392
16,668
167,453
26,514
365,000

18,846
2,112
1,969
2,704
4,113
31,414
6,200
23,406
2,355
23,287
3,560
45,607

21
21
21
20
21
21
22
17
18
22
20
17

Jan-13
Feb-13

122
120

114
109

116
117

1,189
668

25,580
28,996

3,051
3,271

21
19

Month

307.6%

270%
233.7%

225%
180%
135%
90%
45%
-

-10.0%

-45%

Jan 09

Low
116
119
120
122
140
140
130
199
215
220
215
205

Volume
Value
Freq.
(X) (Thou. Sh.) (Million Rp)

Jan-09
Feb-09
Mar-09
Apr-09
May-09
Jun-09
Jul-09
Aug-09
Sep-09
Oct-09
Nov-09
Dec-09

High
140
129
140
154
175
198
240
275
255
245
235
225

Day

Closing
Price*

Jan 10

Jan 11

Jan 12

Jan 13

SHARES TRADED

2009

2010

2011

2012 Feb-13

Volume (Million Sh.)

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

435
75
11
235

196
45
8
229

1,020
269
26
244

1,105
166
16
241

55
6
2
40

Price (Rupiah)
High
Low
Close
Close*

275
116
220
220

255
165
220
220

345
183
240
240

285
111
114
114

122
109
117
117

5.64
17.98
PER (X)
9.88
12.86
PER Industry (X)
1.11
1.09
PBV (X)
* Adjusted price after corporate action

13.83
10.41
1.12

109.25
9.79
0.55

112.12
9.95
0.56

BUDI Budi Acid Jaya Tbk. [S]

Financial Data and Ratios
Public Accountant : Mulyamin Sensi Suryanto & Lianny (Member of Moore Stephens International Ltd.)
BALANCE SHEET
(Million Rp except Par Value)

Dec-08

Dec-09

Dec-10

Dec-11

Sep-12

Cash & Cash Equivalents

143,395

57,829

177,762

126,782

215,433

Receivable

165,377

207,562

285,309

321,008

499,734

Inventories

239,894

165,289

293,639

387,085

373,708

Current Assets

713,029

536,438

835,607

907,001

1,197,623

Fixed Assets

971,180

1,054,857

1,117,614

1,210,049

1,238,797

Other Assets

2,075

1,992

2,219

Total Assets

1,698,750

1,598,824

1,967,633

2,123,285

2,438,639

-5.88%

23.07%

7.91%

14.85%

680,717

514,068

811,791

725,374

1,036,439

369,342

301,564

353,295

586,880

548,507

1,050,659

816,201

1,165,623

1,312,254

1,584,946

-22.32%

42.81%

12.58%

20.78%

29,241

38,583

39,300

Authorized Capital

525,000

525,000

525,000

525,000

525,000

Paid up Capital

469,368

469,596

471,383

472,921

510,058

3,755

3,757

3,771

3,783

4,080

125

125

125

125

125

45,935

170,164

189,120

204,973

208,045

618,850

744,040

762,710

811,031

853,693

20.23%

2.51%

6.34%

5.26%

Dec-08

Dec-09

Dec-10

Dec-11

Sep-12

1,551,987

1,782,132

2,124,381

2,503,984

1,761,673

14.83%

19.20%

17.87%

1,520,875

1,881,605

2,187,683

1,616,289

220,439

261,257

242,776

316,301

145,384

84,944

107,381

108,026

136,812

77,945

135,495

153,876

134,750

179,489

67,439

13.57%

-12.43%

33.20%

-99,929

24,541

-62,867

-89,394

-59,089

Income before Tax

35,566

178,417

71,883

90,095

8,350

Tax

11,046

22,660

25,036

27,130

3,986

8,461

-9,342

-717

3,208

Book End : December

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

Assets

Liabilities

2,500
2,000

Growth (%)

1,500
1,000
500
-

Current Liabilities
Long Term Liabilities
Total Liabilities

Growth (%)
Minority Interest

Paid up Capital (Shares)

2008

2009

2010

2011

Sep-12

TOTAL EQUITY (Billion Rupiah)

744

763

2009

2010

854

680

811

854

619

505

Par Value
Retained Earnings
Total Equity

Growth (%)
INCOME STATEMENTS
Total Revenues

Growth (%)
Expenses
Gross Profit

1,331,548

331

157

-17

2008

2011

Sep-12

TOTAL REVENUES (Billion Rupiah)

2,504
2,504

Operating Expenses
Operating Profit

Growth (%)

2,124
1,782

1,993

1,762

1,552
1,482

Other Income (Expenses)

972

461

Minority Interest

146,415

46,130

65,643

343.94%

-68.49%

42.30%

Dec-08

Dec-09

Dec-10

Dec-11

Sep-12

104.75

104.35

102.93

125.04

115.55

13.00

9.67

16.00

8.78

38.97

12.23

17.35

0.79

BV (Rp)

164.81

198.05

202.25

214.37

209.21

DAR (X)

0.62

0.51

0.59

0.62

0.65

DER(X)

1.70

1.10

1.53

1.62

1.86

ROA (%)

2.09

11.16

3.65

4.24

0.34

ROE (%)

5.75

23.98

9.42

11.11

0.98

GPM (%)

14.20

14.66

11.43

12.63

8.25

OPM (%)

8.73

8.63

6.34

7.17

3.83

Net Income

32,981

Growth (%)
RATIOS
Current Ratio (%)
Dividend (Rp)
EPS (Rp)

-50

2008

2009

2010

2011

Sep-12

NET INCOME (Billion Rupiah)

146
146

117

87

NPM (%)
Payout Ratio (%)
Yield (%)

2.13

8.22

2.17

2.62

0.18

148.01

24.81

92.22

10.00

4.40

6.67

66
46

57

33
27

3.2
-3

2008

2009

2010

2011

Sep-12