JPFA JAPFA Comfeed Indonesia Tbk.

COMPANY REPORT : JULY 2015

As of 31 July 2015

Main Board
Industry Sector : Basic Industry And Chemicals (3)
Industry Sub Sector : Animal Feed (36)

Individual Index
:
Listed Shares
:
Market Capitalization :

120.284
10,660,522,910
4,690,630,080,400

94 | 9.49T | 0.18% | 85.18%

108 | 2.08T | 0.14% | 92.15%

COMPANY HISTORY
Established Date
: 18-Jan-1971
Listing Date
: 23-Oct-1989

SHAREHOLDERS (July 2015)

1. Credit Suisse AG Singapore Trust Ac. Cl. Japfa Ltd.-2023904010
2. Public (<5%)

Under Writer IPO :

PT Ficorinvest
Securities Administration Bureau :
PT Adimitra Transferindo

DIVIDEND ANNOUNCEMENT
Bonus
Cash

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. Syamsir Siregar
2. Hendrick Kolonas
3. Retno Astuti Wibisono *)
*) Independent Commissioners
BOARD OF DIRECTORS
1. Handojo Santosa
2. Bambang Budi Hendarto
3. Koesbiyanto Setyadharma
4. Rachmat Indrajaya
5. Tan Yong Nang
AUDIT COMMITTEE
1. Retno Astuti Wibisono
2. Basuki Wibowo
3. Herry Gunawan Sudarsa
CORPORATE SECRETARY
Maya Pradjono
HEAD OFFICE
Wisma Millenia 7th Fl.
Jln. MT Haryono Kav. 16
Jakarta 12810
Phone : (021) 285-45680
Fax
: (021) 831-0309
Homepage
Email

: www.japfacomfeed.co.id
: mayap@japfacomfeed.co.id

Year
1991
1990
1992
1992
1993
1994
1995
1996
2009
2010
2011
2012
2013

Shares

Dividend
100.00

1:2
50.00
50.00
65.00
50.00
50.00
100.00
5.00
365.00
75.00
20.00
10.00

Cum Date
14-Jun-91
04-Jul-91
22-Apr-92
11-Jun-93
23-Jun-94
22-Jun-95
27-Jun-96
01-Aug-97
01-Jul-10
30-Jun-11
04-Jul-12
03-Jul-13
24-Jun-14

Ex Date
17-Jun-91
05-Jul-91
23-Apr-92
14-Jun-93
24-Jun-94
23-Jun-95
28-Jun-96
04-Aug-97
02-Jul-10
01-Jul-11
05-Jul-12
04-Jul-13
25-Jun-14

6,130,699,735 :
4,529,823,175 :

Recording
Date
21-Jun-91
12-Jul-91
30-Apr-92
23-Jun-93
01-Jul-94
03-Jul-95
08-Jul-96
12-Aug-97
06-Jul-10
05-Jul-11
09-Jul-12
08-Jul-13
27-Jun-14

57.51%
42.49%

Payment
Date
22-Jul-91
29-Jul-91
30-May-92
23-Jul-93
29-Jul-94
03-Aug-95
02-Aug-96
10-Sep-97
20-Jul-10
14-Jul-11
23-Jul-12
22-Jul-13
10-Jul-14

F/I
B
I
F
F
F
F
F
F
F
F
F
F

ISSUED HISTORY
No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.

Type of Listing
First Issue
Claim Issue
Bonus Shares
Company Listing
Convertible Bond
Escrow Shares
Conversion Stock
Merger with Multi Agro Persada Tbk.

Merger with MBAI

Stock Split

Shares
4,000,000
24,000,000
80,000,000
12,000,000 T:
11,576,586 T:
1,041,893
1,356,796,181 T:
582,318,000
60,371,922
8,528,418,328

Listing
Date
23-Oct-89
12-Feb-90
29-Jul-91
18-Mar-92 :
05-Jun-92 :
14-Jul-93
01-Nov-93 :
01-Dec-09
02-Jul-12
19-Apr-13

Trading
Date
23-Oct-89
12-Feb-90
29-Jul-91
25-Mar-92
06-Jul-92
14-Jul-93
11-Dec-02
01-Dec-09
02-Jul-12
19-Apr-13

JPFA JAPFA Comfeed Indonesia Tbk.

Closing
Price*

Volume
(Mill. Sh)

2,200

160

1,925

140

1,650

120

1,375

100

1,100

80

825

60

550

40

275

20

Jan-11

Jan-12

Jan-13

Jan-14

Jan-15

Closing Price*, Jakarta Composite Index (IHSG) and

Basic Industry and Chemicals Index
January 2011 - July 2015
245%
210%
175%
140%
105%
70%
35%

28.8%
1.7%

-30.7%

-35%

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

628
2,779
97
247

303
1,326
56
246

1,725
3,216
179
242

1,622
2,083
226
242

904
693
100
142

Price (Rupiah)
High
Low
Close
Close*

5,800
2,675
3,825
765

6,200
3,775
6,150
1,230

9,700
1,040
1,220
1,220

1,705
935
950
950

965
411
440
440

12.17
9.79
2.75

21.85
6.83
2.48

23.18
16.60
1.91

-8.62
13.88
0.95

12.19
PER (X)
10.41
PER Industry (X)
2.09
PBV (X)
* Adjusted price after corporate action

Closing Price

Freq.

Volume

Value

Day

TRADING ACTIVITIES

Closing Price* and Trading Volume

JAPFA Comfeed Indonesia Tbk.
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
3,450
3,150
3,575
3,700
4,200
5,050
5,800
5,500
5,500
5,200
5,100
4,725

Low
2,675
2,775
2,925
3,350
3,550
4,000
4,600
4,700
3,450
3,925
4,275
3,625

Close
3,025
3,000
3,450
3,650
4,175
4,975
5,300
4,925
4,325
5,100
4,500
3,825

(X)
5,302
2,524
4,570
4,071
7,430
14,045
17,455
12,968
10,464
6,790
4,335
6,716

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

4,200
4,525
4,350
4,325
4,725
4,950
4,925
4,500
4,975
5,150
5,500
6,200

3,775
4,100
4,050
3,850
4,025
3,900
4,250
4,100
4,200
4,650
4,875
5,350

4,100
4,325
4,125
4,225
4,150
4,925
4,350
4,450
4,700
4,875
5,350
6,150

6,058
5,823
4,033
5,575
6,093
9,261
4,224
2,803
3,024
3,659
2,752
2,896

27,589
26,415
15,934
23,749
28,583
45,560
60,827
9,195
11,537
14,787
21,196
17,376

109,999
112,932
66,330
98,472
126,364
203,338
232,100
39,725
52,996
73,092
110,353
100,021

21
21
21
20
21
21
22
19
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

7,150
8,750
9,500
9,700
2,150
1,970
1,670
1,380
1,550
1,570
1,420
1,310

5,900
6,850
8,000
1,900
1,770
1,320
1,200
1,060
1,040
1,370
1,200
1,180

7,000
8,150
9,450
1,930
1,980
1,610
1,220
1,180
1,390
1,400
1,240
1,220

2,786
5,892
6,773
10,835
18,263
37,246
33,381
19,561
17,477
10,070
8,469
8,220

53,704
22,728
20,545
70,122
164,390
427,885
339,714
234,681
210,189
84,300
58,114
39,049

297,589
181,284
181,824
240,880
326,911
672,988
485,503
287,347
289,694
124,463
79,221
48,367

21
18
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

1,500
1,670
1,705
1,475
1,395
1,335
1,300
1,320
1,400
1,260
1,250
1,155

1,220
1,360
1,400
1,240
1,215
1,130
1,190
1,215
1,225
1,125
1,060
935

1,390
1,595
1,410
1,265
1,315
1,220
1,260
1,290
1,230
1,255
1,145
950

16,827
20,077
18,100
21,509
27,185
24,691
15,045
14,950
20,455
13,740
15,428
17,757

58,335
96,263
99,775
122,781
244,404
251,640
124,998
118,073
179,824
72,476
108,882
144,390

78,689
148,371
156,675
165,573
322,857
306,494
156,023
151,042
238,821
86,836
122,793
148,752

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

965
915
895
805
735
685
565

875
780
750
545
520
525
411

890
900
780
550
680
535
440

16,449
16,827
16,516
16,813
14,919
10,338
8,249

152,685
182,019
139,647
182,087
140,706
60,910
45,874

139,378
156,131
117,562
129,945
89,644
36,793
23,763

21
19
22
21
19
21
19

(Thou. Sh.) (Million Rp)

33,838
103,988
39,803
13,514
31,600
103,552
29,807
105,093
70,936
272,162
566,736
125,495
128,281
669,647
360,769
71,431
41,741
200,478
30,375
140,363
15,074
70,630
35,795
145,918

21
18
23
20
21
20
21
19
20
21
22
21

JPFA JAPFA Comfeed Indonesia Tbk.

Financial Data and Ratios

Book End : December

Public Accountant : Mulyamin Sensi Suryanto & Lianny (independent member of Moore Stephens International Limited)
BALANCE SHEET

Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

762,187

827,444

872,441

1,745,963

768,461
1,312,779

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash & Cash Equivalents

Assets

Receivables

840,721

726,129

956,999

1,249,813

Inventories

2,185,129

2,640,526

3,634,152

4,727,474

5,133,782

Current Assets

4,435,214

4,932,300

6,429,500

9,004,667

8,709,315

Fixed Assets

2,227,963

2,933,581

4,064,770

5,272,131

6,361,632

39,355

40,782

59,031

81,098

Other Assets
Total Assets

24,848
6,979,762

8,266,417 10,961,464 14,917,590 15,730,435

18.43%

Growth (%)

9,750
6,500

36.09%

5.45%

3,250
-

1,686,714

3,099,991

3,523,891

4,361,546

4,916,448

Long Term Liabilities

1,806,181

1,381,079

2,674,246

5,310,822

5,523,993

Total Liabilities

3,492,895

4,481,070

6,198,137

9,672,368 10,440,441

28.29%

38.32%

56.05%

7.94%

Growth (%)

13,000

32.60%

Current Liabilities

Liabilities

16,250

2010

2011

2012

2013

2014

TOTAL EQUITY (Bill. Rp)

Authorized Capital

3,000,000

3,000,000

3,000,000

3,000,000

3,000,000

Paid up Capital

1,605,878

1,605,878

1,666,250

1,666,250

1,666,250

2,072

2,072

2,072

10,661

1,666,250

1000 & 200 1000 & 200 1000 & 200

200&40

200&40

Paid up Capital (Shares)

Par Value
Retained Earnings

1,035,555

968,308

1,800,363

2,182,807

2,408,794

Total Equity

3,074,281

3,785,347

4,763,327

5,245,222

5,289,994

23.13%

25.84%

10.12%

0.85%

Dec-11

Dec-12

Dec-13

Dec-14

Growth (%)
INCOME STATEMENTS
Total Revenues

Dec-10

12.02%

14.07%

20.07%

14.23%

3,049,168

2,560,345

3,183,905

3,617,845

3,425,574

Expenses (Income)

1,473,367

1,688,036

1,819,014

2,721,898

2,883,025

Operating Profit

1,575,801

872,309

1,364,891

-44.64%

56.47%

-100.00%

-138,946

1,436,855

872,309

1,364,891

895,947

542,549

345,576

200,835

290,314

255,310

157,703

1,091,279

671,474

1,074,577

640,637

384,846

-38.47%

60.03%

-40.38%

-39.93%

Growth (%)

Tax
Profit for the period

2014

3,074
3,132

2,053

973

-106

2010

2011

2012

TOTAL REVENUES (Bill. Rp)

24,459
21,412

24,459

17,833

19,469

Income before Tax

2013

3,785

4,211

10,906,624 13,072,723 14,648,797 17,794,240 21,033,306

Gross Profit

Other Income (Expenses)

5,290

13,955,792 15,633,068 17,832,702 21,412,085 24,458,880

Growth (%)
Cost of Revenues

5,245
4,763

5,290

Growth (%)

13,956

15,633

14,480

9,490

4,500

Period Attributable
Comprehensive Income
Comprehensive Attributable

1,074,577

595,248

332,389

959,161

650,169

1,077,433

661,699

371,288

616,310

318,831

Dec-10

Dec-11

Dec-12

Dec-13

Dec-14

Current Ratio (%)

262.95

159.11

182.45

206.46

177.15

Dividend (Rp)

365.00

75.00

20.00

10.00

RATIOS

518.69

55.84

0.20

BV (Rp)

1,483.92

1,827.14

2,299.20

492.02

3.17

DAR (X)

0.50

0.54

0.57

0.65

0.66

DER(X)

1.14

1.18

1.30

1.84

1.97

EPS (Rp)

ROA (%)

15.63

8.12

9.80

4.29

2.45

ROE (%)

35.50

17.74

22.56

12.21

7.27

GPM (%)

21.85

16.38

17.85

16.90

14.01

OPM (%)

11.29

5.58

7.65

NPM (%)

7.82

4.30

6.03

2.99

1.57

3.86

17.91

0.33

0.82

Payout Ratio (%)

Yield (%)

11.59

1.96

-489

2010

2011

2012

2013

2014

PROFIT FOR THE PERIOD (Bill. Rp)

1,091

1,075

1,091

869

671

641

646

385
423

201

-22

2010

2011

2012

2013

2014