PT Champion Pacific Indonesia Tbk.

(Formerly PT Kageo Igar Jaya Tbk) Plastics and Glass Products

Head Office/Factory Jl. Raya Sultan Agung Km. 28.5 Summary of Financial Statement
Bekasi 17133, Jawa Barat
Phone (021) 884-0040 (Million Rupiah)
Fax (021) 884-1545 2011 2012 2013
Business Packaging, Printing and Composite Cans Total Assets 355,580 312,343 314,747
Company Status PMDN Current Assets 322,889 265,070 262,716
of which
Financial Performance: The company had able to man- Cash and csah equivalents 137,854 50,180 16,563
aged net profit at IDR35.030 billion in 2013, while in the previ- Trade receivables 98,115 114,769 127,794
Inventories 79,130 86,331 101,008
ous year IDR44.508 billion. Non-Current Assets 32,691 47,273 52,030
Brief History: The company was originally established in of which
1975 as a joint venture between PT Glassanto and Owens Il- Fixed Assets-Net 28,003 43,057 48,895
linois, Inc., USA. In 1988, Owens Illinois Inc. sold all of its shares Deffered Tax Assets-Net 3,131 2,963 2,005
Other Assets 1,557 1,253 1,131
in the venture to PT Kalbe Farma, and in 1990 all shares held by
PT Glassanto were bought by PT Kimia Farma. Liabilities 64,994 70,314 89,004
PT Kageo Igar Jaya Tbk is an Indonesia-based plastic man- Current Liabilities 55,928 60,747 77,517
ufacturer. The Company is engaged in the printing, paper cans of which
Short-term debt 9,000 5,418 4,517
manufacturing and packaging sectors. Its products are used in
Trade payables 37,017 42,665 65,124
the pharmaceutical, cosmetic and food industries. Its subsidiary, Taxes payable 4,221 2,163 1,374
PT Avesta Continental Pack, is engaged in the packaging indus- Accrued expenses 3,056 2,930 2,731
try. The Companys production facility is located in Bekasi, In- Current maturities
donesia. of long term debt n.a n.a n.a
Non-Current Liabilities 9,065 9,567 11,487

Shareholders' Equity 290,586 242,029 225,743

Paid-up capital 52,500 52,500 4,860
Paid-up capital
in excess of par value 175 175 n.a
Retained earnings 237,911 189,354 220,882

Net Sales 512,774 556,446 643,403

Cost of Goods Sold 419,125 471,261 552,652
Gross Profit 93,649 85,185 90,752
Operating Expenses 26,484 30,853 45,254
Operating Profit 67,165 54,332 45,498
Other Income (Expenses) 4,603 4,550 4,138
Profit before Taxes 71,768 58,882 49,636
Comprehensive Profit 55,322 44,508 35,030
. . .
Per Share Data (Rp)
Earnings per Share 53 42 360
Equity per Share 277 231 2,322
Dividend per Share 75 40 10
Closing Price 475 375 295

Financial Ratios
PER (x) 9.02 8.85 0.82
PBV (x) 1.72 1.63 0.13
Dividend Payout (%) 142.35 94.37 n.a
Dividend Yield (%) 27.10 17.35 n.a

Current Ratio (x) 5.77 4.36 3.39

Debt to Equity (x) 0.22 0.29 0.39
Leverage Ratio (x) 0.18 0.23 0.28
Gross Profit Margin (x) 0.18 0.15 0.14
Operating Profit Margin (x) 0.13 0.10 0.07
Net Profit Margin (x) 0.11 0.08 0.05
Inventory Turnover (x) 5.30 5.46 5.47
Total Assets Turnover (x) 1.44 1.78 2.04
ROI (%) 15.56 14.25 11.13
ROE (%) 19.04 18.39 15.52
Shareholders
PT Kingsford Holdings 79.42% PER = 7,27x ; PBV = 1,13x (June 2014)
PT Kalbe Farma Tbk 5.40% Financial Year: December 31
Public Accountant: Aryanto, Amir Jusuf, Mawar & Saptoto
Public 15.18%

320 Indonesian Capital Market Directory 2014

PT Champion Pacific Indonesia Tbk.
(Formerly PT Kageo Igar Jaya Tbk) Plastics and Glass Products

Board of Commissioners Board of Directors

President Commissioner Patrick Tak Kee Yu President Director Antonius Muhartoyo
Commissioners Budi Dharma Wreksoatmodjo, Directors Yahya Kurniawan, Samuel Hendrata Shantiawan
Prastowo, SH
Number of Employees 552

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 05-Nov-90 05-Nov-90 1,750,000 1,750,000
2 Partial Listing 05-Nov-90 12-Nov-90 1,750,000 3,500,000
3 Company Listing 26-May-92 26-May-92 5,250,000 8,750,000
4 Dividend Shares 06-Sep-93 06-Sep-93 1,750,000 10,500,000
5 Bonus Shares 03-Dec-93 03-Dec-93 7,000,000 17,500,000
6 Right Issue 14-Jul-95 14-Jul-95 35,000,000 52,500,000
7 Stock Split 16-Aug-99 16-Aug-99 997,500,000 1,050,000,000
8 Decrease Issued & Fully Paid 30-Jul-13 30-Jul-13 -77,795,500 972,204,500

Underwriters
PT Citicorp Securities Indonesia, PT MIFC
Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization
Stock Price Shares Traded Trading Listed Market
Month High Low Close Volume Value Frequency Day Shares Capitalization
(Rp) (Rp) (Rp) (Thousand Shares) (Rp Million) (Rp Million)
January-13 435 380 420 4,422.00 1,825.00 819 21 1,050,000,000 441,000.00
February-13 420 385 410 5,457.00 2,197.00 882 20 1,050,000,000 430,500.00
March-13 470 400 440 24,057.00 10,661.00 2,725 19 1,050,000,000 462,000.00
April-13 455 415 435 25,834.00 11,268.00 4,318 22 1,050,000,000 456,750.00
May-13 560 420 430 62,935.00 31,071.00 3,896 22 1,050,000,000 451,500.00
June-13 425 375 395 18,109.00 7,165.00 571 19 1,050,000,000 414,750.00
July-13 405 340 370 10,084.00 3,622.00 468 23 972,204,500 359,716.00
August-13 390 315 350 10,477.00 3,692.00 750 17 972,204,500 340,272.00
September-13 365 300 305 7,728.00 2,463.00 533 21 972,204,500 296,522.00
October-13 335 305 310 6,132.00 1,961.00 1,080 21 972,204,500 301,383.00
November-13 335 300 305 2,354.00 742.00 162 20 972,204,500 296,522.00
December-13 310 295 295 2,287.00 689.00 122 17 972,204,500 286,800.00
January-14 300 279 295 1,794.00 517.00 224 19 972,204,500 286,800.00
February-14 315 287 304 1,512.00 454.00 198 20 972,204,500 295,550.00
March-14 319 300 305 1,057.00 325.00 216 18 972,204,500 296,522.00
April-14 350 290 291 866.00 261.00 324 20 972,204,500 282,912.00
May-14 307 270 274 5,982.00 1,700.00 3,203 18 972,204,500 266,384.00
June-14 279 246 256 1,370.00 359.00 358 21 972,204,500 248,884.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
500 6,000

450
5,000
400

350
4,000
300

250 3,000

200
2,000
150

100
1,000
50

- -
Jan-13 Mar-13 May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 May-14

Institute for Economic and Financial Research 321