ACES Ace Hardware Indonesia Tbk.

[S]

COMPANY REPORT : JULY 2015

As of 31 July 2015

Main Board
Industry Sector : Trade, Services & Investment (9)
Industry Sub Sector : Retail Trade (93)

Individual Index
:
Listed Shares
:
Market Capitalization :

780.488
17,150,000,000
10,976,000,000,000

71 | 12.7T | 0.24% | 80.53%

70 | 4.85T | 0.33% | 83.59%

COMPANY HISTORY
Established Date
: 03-Feb-1995
Listing Date
: 06-Nov-2007
Under Writer IPO :
PT CLSA Indonesia
PT Dinamika Usaha Jaya
Securities Administration Bureau :
PT Adimitra Transferindo
Plaza Property 2nd Fl. Komp. Pertokoan Pulomas Blok VIII No. 1

Jln. Perintis Kemerdekaan Jakarta 13210

Phone : (021) 478-81515 (Hunting)
Fax
: (021) 470-9697
BOARD OF COMMISSIONERS
1. Kuncoro Wibowo
2. Ijek Widya Krisnadi
3. Tarub *)
4. Teddy Hartono Setiawan *)
*) Independent Commissioners
BOARD OF DIRECTORS
1. Prabowo Widya Krisnadi
2. Hartanto Djasman
3. Rudy Hartono
4. Tarisa Widyakrisnadi
AUDIT COMMITTEE
1. Formula
2. Iskandar Baha
CORPORATE SECRETARY
Helen R. Tanzil
HEAD OFFICE
Kawan Lama Building 5th Fl.
Jln. Puri Kencana No. 1 Meruya Kembangan
Jakarta 11610
Phone : (021) 582-2222
Fax
: (021) 582-1520, 582-4022
Homepage
Email

: www.acehardware.co.id
: helen_tanzil@acehardware.co.id;

SHAREHOLDERS (July 2015)

1. PT Kawan Lama Sejahtera
2. Public (<5%)

10,284,900,000 :
6,865,100,000 :

DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
2007
2008
2009
2010
2011
2012
2014

Shares

Dividend
3.49
7.60
9.20
51.85
25.00
10.00
16.00

Cum Date
16-Apr-08
06-May-09
27-May-10
03-Jun-11
08-Jun-12
05-Jun-13
27-May-15

Ex Date
17-Apr-08
07-May-09
31-May-10
06-Jun-11
11-Jun-12
07-Jun-13
28-May-15

Recording
Date
21-Apr-08
11-May-09
02-Jun-10
08-Jun-11
13-Jun-12
11-Jun-13
01-Jun-15

59.97%
40.03%

Payment
Date
06-May-08
26-May-09
16-Jun-10
22-Jun-11
27-Jun-12
25-Jun-13
19-Jun-15

F/I
I
F
F
F
F
F
F

ISSUED HISTORY
No.
1.
2.
3.

Type of Listing
First Issue
Company Listing
Stock Splits

Shares
515,000,000
1,200,000,000
15,435,000,000

Listing
Date
06-Nov-07
06-Nov-07
01-Nov-12

Trading
Date
06-Nov-07
04-May-08
01-Nov-12

ACES Ace Hardware Indonesia Tbk. [S]

Closing
Price*

Volume
(Mill. Sh)

1,200

240

1,050

210

900

180

750

150

600

120

450

90

300

60

150

30

Jan-11

Jan-12

Jan-13

Jan-14

Jan-15

Closing Price*, Jakarta Composite Index (IHSG) and

Trade, Sevices and Investment Index
January 2011 - July 2015
280%
240%
200%
160%
124.6%

120%

95.8%

80%
40%

28.8%

-40%

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

267
849
5
225

1,120
2,442
40
243

6,991
5,303
216
244

5,971
4,852
268
242

3,719
2,661
126
142

4,400
2,250
4,100
410

7,150
690
820
820

1,120
570
590
590

1,025
590
785
785

855
600
640
640

32.79
19.08
8.69

19.88
15.42
5.28

26.88
22.13
6.16

22.09
16.33
4.70

Price (Rupiah)
High
Low
Close
Close*

25.16
PER (X)
16.89
PER Industry (X)
5.71
PBV (X)
* Adjusted price after corporate action

Closing Price

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Ace Hardware Indonesia 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
2,950
2,600
2,650
2,700
2,700
3,200
3,575
3,500
3,350
3,525
3,900
4,400

Low
2,425
2,250
2,400
2,400
2,600
2,600
2,850
3,000
3,025
3,050
3,150
3,600

Close
2,650
2,500
2,550
2,650
2,700
3,025
3,450
3,300
3,300
3,375
3,800
4,100

(X)
137
238
180
1,341
176
575
118
209
204
809
509
918

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

4,250
4,800
4,650
5,200
6,100
5,500
6,250
6,300
6,700
7,150
760
840

3,800
4,100
4,025
4,300
4,900
4,875
5,050
5,550
5,750
6,100
690
710

4,150
4,325
4,450
5,150
5,500
5,050
5,900
5,700
6,150
7,000
750
820

436
1,118
1,290
1,746
2,752
3,253
3,242
3,033
3,706
4,491
7,796
7,353

5,546
30,112
23,254
53,843
47,009
33,023
50,818
52,432
21,309
34,381
433,997
334,657

22,460
130,298
104,761
245,743
246,898
166,671
282,666
313,951
131,483
226,667
315,631
255,087

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

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

880
790
850
1,120
990
950
770
800
840
730
720
700

700
710
730
830
840
710
630
570
690
590
610
570

760
730
830
980
950
740
720
710
700
610
690
590

14,877
17,914
17,814
16,797
31,865
23,417
19,989
12,990
12,722
21,916
15,888
9,560

424,483
524,462
563,414
455,874
939,480
637,982
770,454
457,922
446,824
822,557
514,540
433,174

333,200
387,776
443,905
431,749
853,269
517,169
545,560
317,490
332,470
529,063
336,995
274,606

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

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

765
880
835
825
920
925
940
970
1,025
895
845
815

590
700
720
710
750
820
845
855
875
780
770
710

760
800
750
745
900
880
925
935
885
810
805
785

25,910
20,691
27,291
22,459
16,201
18,294
15,906
20,838
18,623
32,016
27,217
22,969

534,997
467,442
631,416
646,069
427,298
321,337
267,638
310,369
282,541
670,808
946,206
464,497

364,871
369,086
493,510
512,059
360,865
280,469
239,578
282,732
273,292
558,608
759,163
357,305

20
20
20
20
18
21
18
20
22
23
20
20

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

815
855
850
740
710
690
690

675
740
695
635
635
600
620

740
845
735
645
690
645
640

29,032
18,434
18,734
20,405
12,076
15,705
11,392

753,951
612,320
379,727
901,930
434,709
461,497
174,797

564,195
479,746
291,686
619,672
293,725
299,353
112,133

21
19
22
21
19
21
19

(Thou. Sh.) (Million Rp)

6,258
16,397
14,841
5,988
5,169
13,345
31,938
83,313
11,835
31,637
48,534
16,298
33,523
102,238
25,540
7,917
54,383
178,871
37,519
126,446
41,307
149,661
14,813
57,833

18
16
20
18
17
20
19
17
19
20
21
20

ACES Ace Hardware Indonesia Tbk. [S]

Financial Data and Ratios

Book End : December

Public Accountant : Aryanto, Amir Jusuf, Mawar & Saptoto (Member of RSM International)
BALANCE SHEET

Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

366,378

210,454

270,050

2,478,919

391,452

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash & Cash Equivalents

Assets

Receivables

20,983

52,394

30,946

24,979

19,782

Inventories

135,198

290,356

619,804

1,112,546

1,295,682

Current Assets

862,190

846,867

1,218,821

1,747,185

2,171,085

Fixed Assets

226,465

361,381

445,064

445,598

463,021

Other Assets
Total Assets

Current Liabilities
Long Term Liabilities
Total Liabilities

2,400
1,800

38,281

59,081

96,654

1,198,004

1,451,755

1,916,915

2,478,919

2,947,349

21.18%

32.04%

29.32%

18.90%

600

136,993

166,524

208,255

439,275

426,630

34,437

53,358

90,659

124,145

158,571

173,430

219,882

298,914

563,420

585,200

26.78%

35.94%

88.49%

3.87%

Growth (%)

Growth (%)

Liabilities

3,000

1,200

2010

2011

2012

2013

2014

TOTAL EQUITY (Bill. Rp)

Authorized Capital

480,000

480,000

480,000

480,000

480,000

Paid up Capital

171,500

171,500

171,500

171,500

171,500

1,715

1,715

17,150

17,150

17,150

100

100

10

10

10

470,263

666,785

1,061,206

1,399,191

1,851,717

1,024,574

1,231,874

1,618,001

1,915,498

2,362,148

20.23%

31.34%

18.39%

23.32%

Paid up Capital (Shares)

Par Value
Retained Earnings
Total Equity

Growth (%)
INCOME STATEMENTS
Total Revenues

Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

1,641,122

2,426,438

3,223,291

3,895,446

4,541,474

47.85%

32.84%

20.85%

16.58%

Growth (%)
Cost of Revenues

932,519

1,290,264

1,671,715

1,961,898

2,347,890

Gross Profit

708,603

1,136,175

1,551,576

1,933,549

2,193,584

Expenses (Income)

488,596

765,309

989,086

1,282,360

1,477,290

Operating Profit

220,007

370,866

562,490

651,189

716,295

68.57%

51.67%

15.77%

10.00%

-25,178

-28,195

-34,416

220,007

370,866

537,312

622,994

681,878

52,338

91,361

108,463

119,990

132,986

167,668

279,505

428,849

503,004

548,893

66.70%

53.43%

17.29%

9.12%

Growth (%)

2,362
2,362

1,915
1,618

1,880

1,232

1,398

1,025
917

435

-47

2010

2011

Income before Tax

Tax
Profit for the period

Growth (%)

2013

2014

TOTAL REVENUES (Bill. Rp)

4,541
4,541

3,895
3,223

3,615

Other Income (Expenses)

2012

2,426

2,689

1,641
1,762

836

Period Attributable

170,981

285,127

437,143

508,873

554,769

Comprehensive Income

167,908

279,505

428,849

503,004

548,893

Comprehensive Attributable

171,221

285,127

437,143

508,873

554,769

RATIOS

Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

629.37

508.56

585.25

397.74

508.89

51.85

25.00

10.00

16.00

EPS (Rp)

99.70

166.25

25.49

29.67

32.35

BV (Rp)

597.42

718.29

94.34

111.69

137.73

DAR (X)

0.14

0.15

0.16

0.23

0.20

DER(X)

0.17

0.18

0.18

0.29

0.25

ROA (%)

14.00

19.25

22.37

20.29

18.62

ROE (%)

16.36

22.69

26.50

26.26

23.24

GPM (%)

43.18

46.82

48.14

49.64

48.30

OPM (%)

13.41

15.28

17.45

16.72

15.77

NPM (%)

10.22

11.52

13.30

12.91

12.09

Payout Ratio (%)

52.01

15.04

39.23

49.46

1.76

0.61

1.22

2.04

Current Ratio (%)

Dividend (Rp)

Yield (%)

-91

2010

2011

2012

2013

2014

PROFIT FOR THE PERIOD (Bill. Rp)

503

549

549

429
437

280

325

213

168

101

-11

2010

2011

2012

2013

2014