WSKT Waskita Karya (Persero) Tbk.

COMPANY REPORT : JANUARY 2019 As of 31 January 2019

Main Board Individual Index : 533.063
Industry Sector : Property, Real Estate & Building Construction (6) Listed Shares : 13,573,951,000
Industry Sub Sector : Building Construction (62) Market Capitalization : 26,808,553,225,000
47 | 26.8T | 0.36% | 72.71%

23 | 23.8T | 1.15% | 54.85%

COMPANY HISTORY SHAREHOLDERS (December 2018)

Established Date : 01-Jan-1961 1. Republic of Indonesia 8,963,697,887 : 66.04%
Listing Date : 19-Dec-2012 (IPO Price: 380) 2. Public (<5%) 4,610,253,113 : 33.96%
Underwriter IPO :
PT Bahana Securities (affiliated) DIVIDEND ANNOUNCEMENT
PT Danareksa Sekuritas (affiliated) Bonus Cash Recording Payment
F/I
PT Mandiri Sekuritas (affiliated) Year Shares Dividend Cum Date Ex Date Date Date
Securities Administration Bureau : 2012 2.11 10-May-13 13-May-13 15-May-13 29-May-13 F
PT Datindo Entrycom 2013 11.46 28-Apr-14 29-Apr-14 2-May-14 19-May-14 F
2014 10.31 4-May-15 5-May-15 7-May-15 28-May-15 F
BOARD OF COMMISSIONERS 2015 15.44 5-Apr-16 6-Apr-16 8-Apr-16 29-Apr-16 F
1. Badrodin Haiti 2016 37.87 24-Mar-17 27-Mar-17 30-Mar-17 20-Mar-17 F
2. Arif Baharudin 2017 57.19 13-Apr-18 16-Apr-18 18-Apr-18 9-May-18 F
3. Danis Hidayat Sumadilaga
4. M. Aqil Irham *) ISSUED HISTORY
5. Muradi *) Listing Trading
6. R. Agus Sartono No. Type of Listing Shares Date Date
7. Viktor S. Sirait *) 1. First Issue 3,082,315,000 19-Dec-12 19-Dec-12
*) Independent Commissioners 2. Company Listing 6,549,921,000 19-Dec-12 19-Dec-12
3. MESOP I 98,027,925 T: 23-May-14 : 22-Jun-17
BOARD OF DIRECTORS 4. MESOP II 190,188,875 T: 20-May-15 : 14-Dec-18
1. I Gusti Ngurah Putra 5. Right Issue 3,653,498,200 8-Jul-15 8-Jul-15
2. Bambang Rianto
3. Didit Oemar Prihadi
4. Fery Hendriyanto
5. Hadjar Seti Adji
6. Haris Gunawan
7. Wahyu Utama Putra

AUDIT COMMITTEE
1. Viktor S. Sirait
2. Hengki Z P Tampubolon
3. R Agus Sartono
4. Tjahjo Winarto

CORPORATE SECRETARY
Shastia Hadiarti

HEAD OFFICE
Waskita Building
Jl. MT Haryono Kav. No. 10 Cawang
Jakarta 13340
Phone : (021) 850-8510; 850-8520
Fax : (021) 850-8506
Homepage : www.waskita.co.id
Email : waskita@waskita.co.id
 WSKT Waskita Karya (Persero) Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Waskita Karya (Persero) Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2015 - January 2019 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
3,200 480 Jan-15 1,740 1,355 1,715 70,104 1,483,277 2,224,845 21
Feb-15 1,890 1,680 1,815 66,468 1,082,352 1,936,847 19
2,800 420 Mar-15 1,825 1,630 1,780 59,602 922,085 1,598,474 22
Apr-15 1,815 1,550 1,720 32,693 492,663 852,730 18
May-15 1,815 1,505 1,700 28,488 323,352 555,369 19
2,400 360
Jun-15 1,745 1,490 1,520 32,477 446,526 722,925 21
Jul-15 1,900 1,515 1,770 52,634 847,192 1,460,006 19
2,000 300
Aug-15 1,845 1,505 1,605 38,175 524,748 874,353 20
Sep-15 1,675 1,525 1,550 32,563 419,021 676,229 21
1,600 240
Oct-15 1,770 1,565 1,630 52,743 914,328 1,523,625 21
Nov-15 1,760 1,605 1,605 46,419 639,780 1,085,373 21
1,200 180 Dec-15 1,690 1,605 1,670 30,077 407,446 673,388 19

800 120 Jan-16 1,775 1,615 1,735 56,094 850,420 1,459,308 20

Feb-16 2,000 1,725 1,930 63,550 848,534 1,598,813 20
400 60 Mar-16 2,045 1,880 2,005 46,588 561,814 1,103,782 21
Apr-16 2,395 1,995 2,345 68,067 827,418 1,820,681 21
May-16 2,660 2,330 2,510 91,521 1,200,692 3,011,293 20
Jun-16 2,580 2,360 2,550 97,531 1,240,574 3,067,552 22
Jan-15 Jan-16 Jan-17 Jan-18 Jan-19
Jul-16 2,860 2,490 2,770 68,115 871,744 2,372,370 16
Aug-16 2,860 2,670 2,790 74,767 798,702 2,225,348 22
Sep-16 2,800 2,380 2,620 66,683 789,305 2,080,226 21
Closing Price*, Jakarta Composite Index (IHSG) and Oct-16 2,740 2,560 2,620 43,795 433,743 1,140,016 21
Property, Real Estate and Bulding Construction Index Nov-16 2,620 2,120 2,550 60,633 643,888 1,533,663 22
January 2015 - January 2019 Dec-16 2,650 2,290 2,550 35,516 363,350 912,572 20
120%
Jan-17 2,680 2,500 2,560 31,508 318,343 826,513 21
100% Feb-17 2,650 2,430 2,480 33,660 350,423 890,325 19
Mar-17 2,500 2,320 2,370 48,847 446,818 1,071,230 22
80% Apr-17 2,440 2,230 2,390 33,377 274,924 648,930 17
May-17 2,450 2,210 2,380 45,580 356,209 836,541 20
60% Jun-17 2,380 2,210 2,320 27,392 185,512 429,405 15
Jul-17 2,400 2,180 2,390 42,796 366,798 831,192 21
Aug-17 2,390 2,210 2,220 33,961 272,412 625,487 22
40% 38.3%
Sep-17 2,230 1,775 1,775 82,087 717,240 1,372,304 19
24.6% Oct-17 2,250 1,780 2,120 88,294 863,725 1,756,266 22
20%
Nov-17 2,250 2,060 2,110 42,140 369,336 800,700 22
Dec-17 2,270 1,860 2,210 48,580 464,050 998,974 18
-

-12.6% Jan-18 2,870 2,130 2,830 70,710 731,714 1,888,451 22

-20% Feb-18 3,150 2,640 2,910 78,236 780,564 2,262,700 19
Mar-18 3,000 2,430 2,470 68,240 633,621 1,710,234 21
-40% Apr-18 2,660 2,140 2,210 66,493 739,792 1,818,022 21
Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 May-18 2,380 1,875 2,320 85,885 990,296 2,090,637 20
Jun-18 2,450 1,915 1,925 39,849 371,030 822,085 13
Jul-18 2,170 1,770 2,120 101,320 969,224 1,900,990 22
SHARES TRADED 2015 2016 2017 2018 Jan-19 Aug-18 2,210 1,830 1,895 91,960 846,340 1,719,755 21
Volume (Million Sh.) 8,503 9,430 4,986 10,883 1,752 Sep-18 1,915 1,680 1,700 72,052 507,593 888,517 19
Value (Billion Rp) 14,184 22,326 11,088 22,283 3,442 Oct-18 1,825 1,415 1,440 90,026 761,291 1,243,146 23
Frequency (Thou. X) 542 773 558 1,056 153 Nov-18 1,705 1,415 1,560 150,029 1,770,045 2,778,866 21
Days 241 246 238 240 22 Dec-18 1,890 1,605 1,680 140,927 1,781,330 3,160,012 18

Price (Rupiah) Jan-19 2,140 1,685 1,975 152,682 1,752,325 3,442,342 22

High 1,900 2,860 2,680 3,150 2,140
Low 1,355 1,615 1,775 1,415 1,685
Close 1,670 2,550 2,210 1,680 1,975
Close* 1,670 2,550 2,210 1,680 1,975

PER (X) 21.63 27.78 7.73 4.59 5.40

PER Industry (X) 13.36 24.89 14.52 27.07 28.17
PBV (X) 2.34 2.14 1.32 0.84 0.99
* Adjusted price after corporate action
 WSKT Waskita Karya (Persero) Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Satrio Bing Eny & Partners

BALANCE SHEET Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(in Million Rp, except Par Value) Assets Liabilities
Cash & Cash Equivalents 1,675,283 5,511,188 10,653,781 6,088,963 6,765,029 137,500

Receivables 2,990,509 5,512,986 8,622,125 14,133,198 21,257,199

110,000

Inventories 604,279 826,384 2,556,732 3,235,501 5,606,638

82,500
Investment 659,691 972,699 2,619,105 3,745,409 4,596,422
Fixed Assets 621,792 1,923,144 3,275,335 4,742,288 5,526,422
55,000
Other Assets 33,023 236,767 98,338 324,593 410,882
Total Assets 12,542,041 30,309,111 61,425,182 97,895,761 129,244,759
27,500
Growth (%) 141.66% 102.66% 59.37% 32.02%
-
Trade Payable 2,571,795 5,472,021 7,361,695 14,098,182 17,108,371 2014 2015 2016 2017 Sep-18
Total Liabilities 9,693,211 20,604,904 44,651,963 75,140,936 102,231,720
Growth (%) 112.57% 116.71% 68.28% 36.05%
TOTAL EQUITY (Bill. Rp)
27,013
Authorized Capital 2,600,000 2,600,000 2,600,000 2,600,000 2,600,000 27,013

22,755
Paid up Capital 966,634 1,357,249 1,357,328 1,357,371 1,357,390
Paid up Capital (Shares) 9,666 13,572 13,573 13,574 13,574
21,502

16,773
Par Value 100 100 100 100 100
954,024 1,933,161 3,334,162 6,681,081 10,083,393
15,992

Retained Earnings
Total Equity 2,848,830 9,704,207 16,773,219 22,754,825 27,013,040 9,704
10,481

Growth (%) 240.64% 72.84% 35.66% 18.71%

4,970
2,849
INCOME STATEMENTS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18
Total Revenues 10,286,813 14,152,753 23,788,323 45,212,898 36,232,526
-540

2014 2015 2016 2017 Sep-18

Growth (%) 37.58% 68.08% 90.06%

Cost of Revenues 9,177,917 12,231,515 19,820,484 35,749,365 29,158,709

TOTAL REVENUES (Bill. Rp)
Gross Profit 1,306,012 1,932,837 3,967,838 9,463,532 7,073,817
Operating Expenses 366,629 193,337 822,057 2,936,931 1,753,439 45,213

Operating Profit - 1,739,500 3,145,782 6,526,601 -

45,213

36,233
Growth (%) 80.84% 107.47% 35,989

Other Income (Expenses) -183,781 -341,496 -990,192 -1,905,955 - 26,766 23,788

Income Before Tax 755,602 1,398,004 2,155,589 4,620,646 5,320,378

254,389 350,413 342,520 419,074 826,160 14,153
Tax
17,543

10,287
Profit for the period 501,213 1,047,591 1,813,069 4,201,572 4,494,218
Growth (%) 109.01% 73.07% 131.74%
8,319

-904

Period Attributable 501,531 1,047,738 1,713,261 3,881,712 3,726,618 2014 2015 2016 2017 Sep-18
Comprehensive Income 497,058 1,483,266 1,809,183 4,176,782 4,521,735
Comprehensive Attributable 497,375 1,483,414 1,709,375 3,856,922 3,754,135
PROFIT FOR THE PERIOD (Bill. Rp)
RATIOS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 4,494
Dividend (Rp) 10.31 15.44 37.87 57.19 - 4,494 4,202

EPS (Rp) 51.85 77.18 133.58 309.54 331.09

BV (Rp) 294.72 714.99 1,235.75 1,676.39 1,990.07 3,577

DAR (X) 0.77 0.68 0.73 0.77 0.79

DER(X) 3.40 2.12 2.66 3.30 3.78
2,661

1,813
ROA (%) 4.00 3.46 2.95 4.29 3.48 1,744

ROE (%) 17.59 10.80 10.81 18.46 16.64 1,048

GPM (%) 12.70 13.66 16.68 20.93 19.52 827 501

OPM (%) - 12.29 13.22 14.44 -
NPM (%) 4.87 7.40 7.62 9.29 12.40
-90

2014 2015 2016 2017 Sep-18

Payout Ratio (%) 19.89 20.00 28.35 18.48 -
Yield (%) 0.61 0.91 2.23 3.36 -

*US$ Rate (BI), Rp 12,436 13,794 13,436 13,548 14,929