PT Jembo Cable Company Tbk.

Cables

Head Office/Factory Jl. Pajajaran, Desa Gandasari Summary of Financial Statement

Kecamatan, Jatiuwung
Tangerang 15137, Banten (Million Rupiah)
Phone (021) 5565-0468, 591-9442 2011 2012 2013
Fax (021) 5565-0466 Total Assets 627,038 708,955 1,239,822
E-mail: johan-suwandy@jembo.com Current Assets 521,123 614,693 1,029,277
Representative Office Mega Glodok Kemayoran Office Tower B of which
6th Floor Cash and cash equivalents 41,546 28,092 5,499
Jl. Angkasa Kav. B-6 Trade receivables 163,798 217,639 404,956
Inventories 260,052 324,906 464,140
Kemayoran Jakarta Pusat
Non-Current Assets 105,915 94,262 210,545
Phone (021) 2664-6933 (Hunting),
of which
2664-6932, 2664-6936-38
Fixed Assets-Net 79,980 72,164 136,292
Fax (021) 6570-1488, 6570-1556 Deffered Tax Assets 4,750 5,934 10,735
Website: http://www.jembo.com Investments 1,785 2,025 2,400
Business Electrics Cable and Telecommunication
Industry Liabilities 499,541 566,079 1,092,161
Company Status PMDN Current Liabilities 467,758 531,672 1,052,583
of which
Financial Performance: The Company booked net income Bank loans 74,046 268,192 724,219
amounted IDR22.929 billion in 2013, while last year booked net Trade payables 347,727 177,220 248,046
profit at IDR32.011 billion. Current maturities
Brief History: The company began its production in 1992 of long term debt 1,545 1,409 1,571
Non-Current Liabilities 31,783 34,408 39,578
with an installed capacity of 20,000 tons of low voltage electri-
cal cable, 317 Km of medium voltage electrical cable, 4,118 Km Shareholders' Equity 127,497 142,876 147,660
of optic fibre and 2.9 million single core kilometers (SCKM) of Paid-up capital 75,600 75,600 75,600
telecommunications cable. In 1993, the company raised capac- Paid-up capital
ity for low voltage electrical cables to 26,000 tons and up to in excess of par value 3,900 3,900 3,900
Retained earnings (accumulated loss) 47,997 63,376 68,160
634 Km for medium voltage cables. The company has a techni-
cal assistant agreement with Fujika Ltd, Japan. Around 69% of Net Sales 1,267,418 1,234,828 1,490,073
the companys production is used in state owned companies, Cost of Goods Sold 1,148,418 1,102,089 1,290,472
namely PT PLN and PT Telkom. Gross Profit 119,000 132,739 199,601
The company is now able to produce several types of Operating Expenses 59,378 58,010 65,490
Operating Profit (Loss) 59,622 74,729 134,111
export-quality cable that can compete on the international mar-
Other Income (Expenses) ( 18,349) ( 25,800) ( 90,675)
ket with similar products made in several other countries. In Profit (Loss) before Taxes 41,273 48,929 43,436
1995-1996, the company focused on marketing its products to Comprehensive Profit (Loss) 28,783 32,011 22,929
meet domestic demand. However, since 1997, 40% of all cable
produced by the company has been exported. Over the past Per Share Data (Rp)
three years, these products have penetrated several overseas Earnings (Loss) per Share 190 212 152
Equity per Share 843 945 977
markets, including the Philippines, Malaysia, Singapore, Thai-
Dividend per Share 110 120 n.a
land, Australia, Yemen, UEA, Sri Lanka, South Africa, the United Closing Price 600 1,900 2,850
States, Japan, Myanmar, India, Pakistan and Bangladesh.
Financial Ratios
PER (x) 3.15 8.97 18.79
PBV (x) 0.71 2.01 2.92
Dividend Payout (%) 57.78 56.68 n.a
Dividend Yield (%) 18.33 6.32 n.a

Current Ratio (x) 1.11 1.16 0.98

Debt to Equity (x) 3.92 3.96 7.40
Leverage Ratio 0.80 0.80 0.88
Gross Profit Margin (x) 0.09 0.11 0.13
Operating Profit Margin (x) 4.70 6.05 9.00
Net Profit Margin (x) 0.02 0.03 0.02
Inventory Turnover (x) 4.42 3.39 2.78
Total Assets Turnover (x) 2.02 1.74 1.20
Shareholders
ROI (%) 4.59 4.52 1.85
PT Monaspermata Persada 52.57% ROE (%) 22.58 22.40 15.53
PT Indolife Pensiontama 17.58%
Fujikura Ltd., Japan 13.51% PER = 7,26x ; PBV = 2,52x (June 2014)
Financial Year: December 31
Fujikura Asia Ltd., Singapore 6.49% Public Accountant: Tanubrata Sutanto Fahmi & Rekan
Public 9.85%

406 Indonesian Capital Market Directory 2014

PT Jembo Cable Company Tbk. Cables

Board of Commissioners Board of Directors

President Commissioner Drs. I Gusti Made Putera Astaman President Director Santoso
Commissioners Hauw Ay Lan, Directors Drs. Antonius Benady, Nanyang Santoso,
Drs. Andreas Soewatjono Soedjijanto, MBA Satoru Yoshikawa

Number of Employees 619

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 18-Nov-92 18-Nov-92 10,000,000 10,000,000
2 Company Listing 18-Nov-92 18-Nov-92 32,000,000 42,000,000
3 Bonus Shares 16-Aug-94 16-Aug-94 33,600,000 75,600,000
4 Stock Split 15-Sep-97 15-Sep-97 75,600,000 151,200,000

Underwriters
PT Inter-Pacific Securities, PT Peregrine Sewu Securities

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 1,900 1,690 1,700 327.00 575.00 264 20 151,200,000 257,040.00
February-13 1,850 1,600 1,710 509.00 852.00 379 18 151,200,000 258,552.00
March-13 1,900 1,650 1,890 602.00 1,081.00 356 18 151,200,000 285,768.00
April-13 2,400 1,890 2,200 5,848.00 12,694.00 2,450 22 151,200,000 332,640.00
May-13 2,525 2,050 2,375 1,386.00 3,184.00 428 21 151,200,000 359,100.00
June-13 2,700 2,300 2,450 1,160.00 2,950.00 336 17 151,200,000 370,440.00
July-13 2,650 2,200 2,300 203.00 511.00 59 13 151,200,000 347,760.00
August-13 2,500 1,870 2,500 103.00 211.00 18 5 151,200,000 378,000.00
September-13 2,600 2,000 2,600 214.00 549.00 47 3 151,200,000 393,120.00
October-13 2,900 2,000 2,900 531.00 1,457.00 109 12 151,200,000 438,480.00
November-13 3,000 2,900 2,950 39.00 115.00 11 2 151,200,000 446,040.00
December-13 2,850 2,200 2,850 197.00 513.00 65 7 151,200,000 430,920.00
January-14 2,800 2,800 2,800 3.00 8.00 1 1 151,200,000 423,360.00
February-14 0 0 2,800 0.00 0.00 0 0 151,200,000 423,360.00
March-14 2,990 2,405 2,800 594.00 1,617.00 118 5 151,200,000 423,360.00
April-14 3,090 2,330 2,795 1,654.00 4,596.00 450 14 151,200,000 422,604.00
May-14 3,000 2,790 3,000 236.00 675.00 41 6 151,200,000 453,600.00
June-14 0 0 3,000 0.00 0.00 0 0 151,200,000 453,600.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
3,500 250

3,000
200
2,500

150
2,000

1,500
100

1,000
50
500

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

Institute for Economic and Financial Research 407