BRAM Indo Kordsa Tbk.

[S]

COMPANY REPORT : JULY 2015

As of 31 July 2015

Main Board
Industry Sector : Miscellaneous Industry (4)
Industry Sub Sector : Automotive And Components (42)

Individual Index
:
Listed Shares
:
Market Capitalization :

184.864
450,000,000
2,137,500,000,000

204 | 2.76T | 0.05% | 95.83%

455 | 0.001T | 0.00008% | 99.999%

BRAM Indo Kordsa Tbk. [S]

Closing
Price*

Volume
(Mill. Sh)

7,000

16.0

6,125

14.0

5,250

12.0

4,375

10.0

3,500

8.0

2,625

6.0

1,750

4.0

875

2.0

Jan-11

Jan-12

Jan-13

Jan-14

Jan-15

Closing Price*, Jakarta Composite Index (IHSG) and

Miscellaneous Industry Index
January 2011 - July 2015
210%
180%
150%
120%
97.9%

90%
60%
30%

28.8%
21.5%

-30%

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

18
29
0.2
48

2
5
0.3
93

0.2
0.4
0.1
54

0.4
1
0.2
67

0.05
0.3
0.09
36

2,575
1,950
2,150
2,150

3,700
1,950
3,000
3,000

3,250
2,150
2,250
2,250

6,700
2,100
5,000
5,000

8,150
3,700
4,750
4,750

5.69
18.33
0.82

17.09
13.91
0.51

11.57
14.44
1.04

17.84
19.85
0.90

Price (Rupiah)
High
Low
Close
Close*

17.60
PER (X)
12.24
PER Industry (X)
0.81
PBV (X)
* Adjusted price after corporate action

Closing Price

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

Indo Kordsa 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
2,350
2,550
2,150
2,100
2,125
2,450
2,475
2,200
2,475
2,300
2,575
-

Low
2,200
2,550
2,050
2,100
2,100
2,100
2,100
1,950
2,000
2,200
2,150
-

Close
2,200
2,550
2,050
2,100
2,125
2,450
2,100
1,950
2,100
2,300
2,150
2,150

(X)
10
2
3
1
3
7
114
23
19
2
5
-

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

2,200
2,325
2,375
2,275
2,400
2,300
3,350
3,700
2,725
3,000
3,000

2,000
2,000
2,050
1,950
1,950
2,000
2,000
2,225
2,250
2,500
3,000

2,000
2,000
2,375
1,950
2,000
2,300
3,350
2,300
2,725
3,000
3,000
3,000

19
11
9
44
35
20
73
48
19
29
1
2

141
14
1,504
85
53
25
111
52
38
80
0.3
8

274
28
3,909
172
112
51
314
143
89
222
0.8
23

8
4
3
9
14
12
10
8
10
13
1
1

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

3,250
3,000
3,000
2,900
2,800
2,750
2,700
2,700
2,850
2,500
2,250

2,800
2,550
2,525
2,150
2,200
2,350
2,700
2,500
2,700
2,500
2,250

2,800
2,550
3,000
2,250
2,350
2,700
2,700
2,600
2,800
2,800
2,500
2,250

3
14
20
34
20
11
2
6
5
2
1

4
13
29
62
30
6
1
10
5
3
3

11
35
78
154
68
16
3
26
12
6
6

3
6
11
5
10
7
1
5
4
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

2,200
2,150
2,100
2,150
3,100
3,100
3,500
3,100
3,100
3,100
5,675
6,700

2,150
2,150
2,100
2,100
2,100
3,000
3,100
2,500
3,000
2,850
3,050
3,375

2,150
2,150
2,100
2,150
3,000
3,100
3,275
2,500
3,100
2,970
4,560
5,000

13
1
2
11
17
14
37
10
11
7
25
19

13
0.1
0.6
16
20
5
223
39
19
5
13
15

29
0.2
1
33
52
15
744
121
56
15
47
83

4
1
2
6
6
9
6
6
3
6
10
8

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

6,125
8,150
5,000
6,925
6,875
5,975
5,500

3,750
4,325
3,700
4,625
5,500
5,975
4,495

6,125
4,400
3,700
6,875
6,875
5,975
4,750

20
29
13
10
2
1
12

12
20
9
10
0.2
0.1
2

59
115
40
57
1
0.6
7

10
7
8
5
1
1
4

(Thou. Sh.) (Million Rp)

17
37
14
6
11
22
3
5
2
4
21
10
17,614
29,053
90
45
14
31
3
6
4
10
-

6
1
2
1
2
3
11
8
8
2
4
-

BRAM Indo Kordsa Tbk. [S]

Financial Data and Ratios

Book End : December

Public Accountant : Osman Bing Satrio & Eny (Member of Deloitte Touche Tohmatsu Limited)
Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

56,203

107,779

41,805

25,401

47,395

Receivables

277,945

327,103

357,640

391,647

746,893

Inventories

291,293

350,750

355,883

516,098

659,075

Current Assets

725,930

845,267

835,067

1,123,241

1,360,531

Fixed Assets

724,663

712,670

1,262,484

102,323

2,270,767

BALANCE SHEET

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash & Cash Equivalents

Other Assets
Total Assets

Assets

3,100
2,325

24,883

21,699

23,003

25,805

40,952

1,492,728

1,660,119

2,223,454

2,932,878

3,833,995

11.21%

33.93%

31.91%

30.72%

775
-

Growth (%)
Current Liabilities

180,688

303,092

392,497

714,824

961,082

Long Term Liabilities

103,162

155,302

190,701

219,747

651,212

Total Liabilities

283,851

458,394

583,198

934,571

1,612,295

61.49%

27.23%

60.25%

72.52%

Growth (%)

Liabilities

3,875

1,550

2010

2011

2012

2013

2014

TOTAL EQUITY (Bill. Rp)

Authorized Capital

350,000

350,000

350,000

350,000

350,000

Paid up Capital

225,000

225,000

225,000

225,000

225,000

Paid up Capital (Shares)

450

450

450

450

450

Par Value

500

500

500

500

500

Retained Earnings
Total Equity

745,494

756,734

95,815

82,284

254,972

1,072,556

1,201,725

1,640,256

1,998,308

2,221,700

12.04%

36.49%

21.83%

11.18%

Growth (%)
INCOME STATEMENTS
Total Revenues

Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

1,805,360

1,900,212

1,683,897

2,456,059

2,583,169

5.25%

-11.38%

45.86%

5.18%

1,497,479

1,616,095

1,544,554

2,182,252

2,156,254

307,881

284,117

139,343

273,808

426,915

93,451

161,110

-114,365

157,150

129,257

214,430

123,007

253,708

116,658

297,658

-42.64%

106.25%

-54.02%

155.15%

-533

-8,914

-13,663

-26,586

213,897

123,007

244,795

102,995

271,072

Growth (%)
Cost of Revenues
Gross Profit
Expenses (Income)
Operating Profit

Growth (%)

2,222

Income before Tax

Tax
Profit for the period

69,123

51,968

26,772

34,992

73,509

144,775

71,040

218,023

68,004

197,563

-50.93%

206.90%

-68.81%

190.52%

Growth (%)

1,640

1,768

1,315

1,073

1,202

862

409

-44

2010

2011

2012

2013

2014

TOTAL REVENUES (Bill. Rp)

2,456

2,056

Other Income (Expenses)

1,998

2,222

1,805

1,900

2,583

1,684

1,529

1,002

475

Period Attributable
Comprehensive Income
Comprehensive Attributable

218,023

59,235

171,574

134,160

54,979

237,177

24,018

211,975

174,595

31,001

180,825

Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

Current Ratio (%)

401.76

278.88

212.76

157.14

141.56

Dividend (Rp)

125.00

150.00

175.00

100.00

484.50

131.63

381.28

BV (Rp)

2,383.46

2,670.50

3,645.01

4,440.68

4,937.11

DAR (X)

0.19

0.28

0.26

0.32

0.42

DER(X)

0.26

0.38

0.36

0.47

0.73

ROA (%)

9.70

4.28

9.81

2.32

5.15

ROE (%)

13.50

5.91

13.29

3.40

8.89

GPM (%)

17.05

14.95

8.28

11.15

16.53

OPM (%)

11.88

6.47

15.07

4.75

11.52

NPM (%)

8.02

3.74

12.95

2.77

7.65

36.12

26.23

5.83

2.00

RATIOS

EPS (Rp)

Payout Ratio (%)

Yield (%)

5.21

6.98

-52

2010

2011

2012

2013

2014

PROFIT FOR THE PERIOD (Bill. Rp)

218
198

218

174

145

129

71

85

68

40

-4

2010

2011

2012

2013

2014