Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out

Summary of Financial Statement PT SUCACO Tbk 2007

VIEWS: 62 PAGES: 2

									PT SUCACO Tbk.                                                                                                                                        Cable


Head Office                  Jl. Kebon Sirih No. 71                   Summary of Financial Statement
                             Jakarta 10340
                             Phone (021) 310-0525, 310-1525                                                                      (million rupiah)
                             Fax (021) 315-2840, 3193-1119                                                           2004           2005          2006
                             Email: sccadm@cbn.net.id
                                                                       Total Assets                                  610,572         694,151      673,668
Factory                      Jl. Daan Mogot Km. 16                     Current Assets                                378,878         483,179      445,828
                             Jakarta Barat                              of which
                             Phone (021) 619-0044, 540-2066,                Cash and Cash Equivalents                  8,897          16,980       43,709
                             619-0068, Fax (021) 619-2628                   Trade receivables                        217,313         296,673      215,238
Business                     Cable                                          Inventories                              125,827         149,374      151,245
Company Status               PMDN                                      Non-Current Assets                            231,694         210,972      227,839
                                                                        of which
   Financial Performance: The Company booked net profit at                 Fixed Assets-Net                          179,045         175,024      162,069
IDR51.643 billion in 2006, or decrease from IDR56.798 billion              Deffered Tax Assets                        10,387           4,660        4,779
                                                                           Investments                                34,934          28,387       35,730
booked in 2005.
                                                                           Other Assets                                  231           2,902          265
    Brief History: Founded in 1970, the company is a majority
shareholder of three companies, producing the main materials           Liabilities                                   388,374         414,779      357,709
used in manufacturing cable: PT Tembaga Mulia Semanan with             Current Liabilities                           384,293         411,174      355,299
27.22% shares, PT Supreme Alurodin with 61% shares, and PT              of which
Setia Pratama Lestari Pelletizing with 100% shares. In 1994, the            Bank loans                               181,589         183,689      140,560
                                                                            Trade payables                           198,251         212,075      198,036
company obtained ISO 9002 certification for its production of elec-
                                                                            Accrued expenses                           1,448           1,016          720
trical and telephones cables. The entire production is marketed        Non-Current Liabilities                         4,081           3,605        2,410
under the Supreme trademark, in which the company controls a           Minority Interests in Subsidiaries              5,113           5,489        4,823
30% share of domestic market. The company products are also
exported to Iran, Australia, and Singapore.                            Shareholders' Equity                          217,086         273,884      311,136
                                                                           Paid-up capital                           205,583         205,583      205,583
                                                                           Paid-up capital
                                                                                  in excess of par value               7,751           7,751         7,751
                                                                           Revaluation of fixed assets                   273             273           273
                                                                           Retained earnings (accumulated loss)        3,478          60,277        97,529

                                                                       Net Sales                                     991,690       1,360,229     1,483,069
                                                                       Cost of Goods Sold                            962,840       1,208,241     1,335,657
                                                                       Gross Profit                                    28,851        151,988       147,412
                                                                       Operating Expenses                              51,059          51,006       68,799
                                                                       Operating Profit                               (22,208)       100,982        78,613
                                                                       Other Income (Expenses)                        (18,696)        (22,671)       (5,276)
                                                                       Profit (Loss) before Taxes                     (40,904)         78,311       73,337
                                                                       Profit (Loss) after Taxes                      (34,680)         56,798       51,643

                                                                       Per Share Data (Rp)
                                                                       Earnings (Loss) per Share                        (169)            276           251
                                                                       Equity per Share                                1,056           1,332         1,513
                                                                       Dividend per Share                                 n.a             70            70
                                                                       Closing Price                                   1,000           1,100         1,330

                                                                       Financial Ratios
                                                                       PER (x)                                          (5.93)          3.98          5.29
                                                                       PBV (x)                                           0.95           0.83          0.88
                                                                       Dividend Payout (%)                                 n.a         25.34         27.87
                                                                       Dividend Yield (%)                                  n.a          6.36          5.26

                                                                       Current Ratio (x)                                 0.99           1.18          1.25
                                                                       Debt to Equity (x)                                1.79           1.51          1.15
                                                                       Leverage Ratio (x)                                0.64           0.60          0.53
                                                                       Gross Profit Margin (x)                           0.03           0.11          0.10
                                                                       Operating Profit Margin (x)                         n.a          0.07          0.05
                                                                       Net Profit Margin (x)                               n.a          0.04          0.03
                                                                       Inventory Turnover (x)                            7.65           8.09          8.83
                                                                       Total Assets Turnover (x)                         1.62           1.96          2.20
                                                                       ROI (%)                                          (5.68)          8.18          7.67
Shareholders                                                           ROE (%)                                         (15.98)         20.74         16.60
PT Moda Sukma                                              29.67%
                                                                       PER = 7.31x ; PBV = 0.83x (June 2007)
PT Tutulan Sukma                                           25.78%      Financial Year: December 31
The Furukawa Electric Singapore Co., Pte., Ltd.            11.81%      Public Accountant: Drs. Wirawan & Co.
Public                                                     32.74%


304                                                                                                         Indonesian Capital Market Directory 2007
PT SUCACO Tbk.                                                                                                                                        Cable



Board of Commissioners                                                     Board of Directors
President Commissioner Erwin Suryo Rahardjo                                President Director Elly Soepono
Vice President Commissioner Takayuki Haseyama                              Vice President Director Ir. Purnawan Arijanto
Commissioners DR. Ir. Dewa Nyoman Adnyana,                                 Directors Robert Tanto, Ir. Teddy Rustiadi,
                Prasasto Sudyatmiko, SH                                              Nicodemus M. Trisnadi

                                                                           Number of Employees 811


       No    Type of Listing                               Listing Date           Trading Date          Number of Shares               Total Listed
                                                                                                              per Listing                  Shares

        1    First Issue                                    20-Jul-82              20-Jul-82                  4,800,000               4,800,000
        2    Company Listing                               20-Jan-89              20-Jan-89                  11,200,000              16,000,000
        3    Bonus Shares                                  24-May-89              24-May-89                   3,200,000              19,200,000
        4    Second Issue                                  31-May-89              31-May-89                   5,800,000              25,000,000
        5    Private Placement                             30-Aug-91              30-Aug-91                   5,000,000              30,000,000
        6    Bonus Shares                                  01-Sep-92              01-Sep-92                   6,000,000              36,000,000
        7    Third Issue                                   22-Sep-92              22-Sep-92                   9,685,200              45,685,200
        8    Right Issue                                   24-Nov-95              24-Nov-95                  22,842,600              68,527,800
        9    Bonus Shares                                  25-Aug-97              25-Aug-97                 137,055,600             205,583,400
Underwriters
PT (Persero) Danareksa, PT INDOVEST, PT MULTICOR
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-06                0             0   1,100                 0.00             0.00           0           0    205,583,400.00             226,142.00
February-06               0             0   1,100                57.00            59.00           2           2    205,583,400.00             226,142.00
March-06                  0             0   1,100                40.00            38.00           1           1    205,583,400.00             226,142.00
April-06              1,200        1,050    1,100               158.00           185.00           8           3    205,583,400.00             226,142.00
May-06                1,000        1,000    1,000                10.00            10.00           1           1    205,583,400.00             205,583.00
June-06                   0             0   1,000             2,000.00         2,000.00           2           1    205,583,400.00             205,583.00
July-06               1,000          880    1,000                 5.00             4.00           3           1    205,583,400.00             205,583.00
August-06             1,000          900    1,000                55.00            52.00           5           4    205,583,400.00             205,583.00
September-06          1,000          910      990                57.00            55.00           9           5    205,583,400.00             203,528.00
October-06            1,300        1,000    1,300               319.00           342.00          25           8    205,583,400.00             267,258.00
November-06           1,350        1,010    1,350                32.00            43.00           4           2    205,583,400.00             277,538.00
December-06           1,350        1,000    1,330                49.00            58.00          17           3    205,583,400.00             273,426.00
January-07            1,360        1,200    1,360                47.00            62.00          11           5    205,583,400.00             279,593.00
February-07           1,300        1,030    1,300                22.00            28.00           6           1    205,583,400.00             267,258.00
March-07                  0             0   1,300                 0.00             0.00           0           0    205,583,400.00             267,258.00
April-07              1,300        1,300    1,300                50.00            65.00           3           3    205,583,400.00             267,258.00
May-07                1,300        1,300    1,300                 1.00             1.00           1           1    205,583,400.00             267,258.00
June-07               1,300        1,000    1,280                10.00            13.00           4           3    205,583,400.00             263,147.00

Stock Price and Traded Chart
            Stock Price (Rp)                                                                                         Thousand Shares
 1,600                                                                                                                                           200
 1,400                                                                                                                                           180
                                                                                                                                                 160
 1,200
                                                                                                                                                 140
 1,000                                                                                                                                           120
  800                                                                                                                                            100
  600                                                                                                                                            80
                                                                                                                                                 60
  400
                                                                                                                                                 40
  200                                                                                                                                            20
   -                                                                                                                                             -
         Jan-   Feb- Mar-      Apr- May-    Jun-    Jul-   Aug- Sep- Oct-     Nov- Dec- Jan-           Feb- Mar-   Apr- May-        Jun-
          06     06  06         06   06      06      06     06   06  06        06   06   07             07   07     07   07          07


Institute for Economic and Financial Research                                                                                                         305

								
To top