TBLA Tunas Baru Lampung Tbk.

COMPANY REPORT : JANUARY 2019 As of 31 January 2019

Main Board Individual Index : 219.742
Industry Sector : Agriculture (1) Listed Shares : 5,342,098,939
Industry Sub Sector : Plantation (12) Market Capitalization : 5,155,125,476,135
177 | 5.16T | 0.07% | 91.92%

161 | 1.32T | 0.06% | 94.42%

COMPANY HISTORY SHAREHOLDERS (December 2018)

Established Date : 22-Dec-1973 1. PT Sungai Budi 1,499,929,596 : 28.08%
Listing Date : 14-Feb-2000 (IPO Price: 2,200) 2. PT Budi Delta Swakarya 1,452,246,896 : 27.18%
Underwriter IPO : 3. Public (<5%) 2,389,922,447 : 44.74%
Dinamika Usahajaya
Securities Administration Bureau : DIVIDEND ANNOUNCEMENT
PT Adimitra Jasa Korpora Bonus Cash Recording Payment
F/I
Year Shares Dividend Cum Date Ex Date Date Date
BOARD OF COMMISSIONERS 2000 1.50 3-Aug-01 6-Aug-01 13-Aug-01 30-Aug-01 F
1. Santoso Winata 2002 20 : 1 31-Jul-03 1-Aug-03 5-Aug-03 20-Aug-03 F
2. Justinuns Aditya *) 2003 5.00 19-Jul-04 20-Jul-04 22-Jul-04 5-Aug-04 F
3. Oey Albert 2004 3.00 15-Jul-05 18-Jul-05 20-Jul-05 3-Aug-05 F
4. Sidharta *) 2005 0.79 20-Jul-06 21-Jul-06 25-Jul-06 8-Aug-06 F
*) Independent Commissioners 2006 3.82 18-Jul-07 19-Jul-07 23-Jul-07 3-Aug-07 F
2007 3.78 29-Nov-07 30-Nov-07 4-Dec-07 18-Dec-07 I
BOARD OF DIRECTORS 2007 3.22 10-Jul-08 11-Jul-08 15-Jul-08 29-Jul-08 F
1. Widarto 2008 17.36 8-Sep-08 9-Sep-08 11-Sep-08 23-Sep-08 I
2. Chin Poh Peng 2009 1.95 15-Jun-10 16-Jun-10 18-Jun-10 29-Jun-10 F
3. Djunaidi Nur 2010 8.00 26-Nov-10 29-Nov-10 1-Dec-10 15-Dec-10 I
4. Marwati Wongso 2010 min 7.69 - max 7.76 13-Jun-11 14-Jun-11 16-Jun-11 28-Jun-11 F
5. Murugaiah Periasamy 2011 20.00 28-Sep-11 29-Sep-11 3-Oct-11 11-Oct-11 I
6. Nagarajah Sengaravih 2011 6.50 5-Jul-12 6-Jul-12 10-Jul-12 24-Jul-12 F
7. Oey Alfred 2012 12.00 28-Nov-12 29-Nov-12 3-Dec-12 14-Dec-12 I
8. Sudarmo Tasmin 2012 3.00 2-Jul-13 3-Jul-13 5-Jul-13 17-Jul-13 F
2013 7.00 26-Sep-13 27-Sep-13 1-Oct-13 17-Oct-13 I
AUDIT COMMITTEE 2013 12.00 28-Aug-14 29-Aug-14 2-Sep-14 16-Sep-14 F
1. Justinus Aditya Sidharta 2015 8.00 25-Sep-15 28-Sep-15 30-Sep-15 20-Oct-15 I
2. Oei Yulianti Winarso 2015 4.00 17-Jun-16 20-Jun-16 22-Jun-16 13-Jul-16 F
3. Rini Sari Widjaja 2016 20.00 10-Aug-16 11-Aug-16 15-Aug-16 31-Aug-16 I
2017 30.00 22-Dec-17 27-Dec-17 29-Dec-17 10-Jan-18 I
CORPORATE SECRETARY 2017 45.00 4-Jun-18 5-Jun-18 7-Jun-18 26-Jun-18 F
Hardy
ISSUED HISTORY
HEAD OFFICE Listing Trading
Wisma Budi floor 8-9 No. Type of Listing Shares Date Date
Jl. HR. Rasuna Said Kav.C-6 1. First Issue 140,385,000 14-Feb-00 14-Feb-00
Jakarta 2. Company Listing 200,000,000 T: 14-Feb-00 : 31-Aug-00
Phone : (021) 521-3383 3. CB Conversion 172,778,000 T: 22-Aug-01 : 5-Feb-02
Fax : (021) 521-3332 4. Stock Split 1,025,301,000 29-Oct-01 29-Oct-01
Homepage : www.astragraphia.co.id 5. Stock Dividend 76,923,200 20-Aug-03 20-Aug-03
Email : corsec@sungaibudi.com 6. Right Issue 2,508,818,846 26-Jul-06 26-Jul-06
7. Warrant Series I 417,892,893 T: 24-Jan-07 : 18-Jul-11
8. Add. Listing without RI 800,000,000 T: 12-Jul-10 : 10-Dec-14
 TBLA Tunas Baru Lampung Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Tunas Baru Lampung 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)
1,600 240 Jan-15 755 675 700 1,281 33,724 24,086 21
Feb-15 710 640 695 2,432 60,522 40,450 19
1,400 210 Mar-15 720 645 645 2,329 52,534 35,912 22
Apr-15 675 540 550 1,773 39,191 23,623 21
May-15 620 540 560 1,243 24,610 14,433 19
1,200 180
Jun-15 575 495 520 778 59,109 29,813 21
Jul-15 565 490 500 255 5,196 2,921 19
1,000 150
Aug-15 530 420 440 984 16,751 7,971 19
Sep-15 490 433 457 918 18,647 8,459 21
800 120
Oct-15 520 440 480 649 14,928 7,410 21
Nov-15 575 461 550 1,106 19,365 9,859 20
600 90 Dec-15 580 510 510 321 25,689 16,251 19

400 60 Jan-16 525 480 515 368 2,262 887 20

Feb-16 515 480 500 533 9,447 4,731 19
200 30 Mar-16 615 497 610 3,320 38,204 21,343 21
Apr-16 640 605 625 3,788 89,005 55,867 21
May-16 625 575 590 1,975 51,584 31,156 20
Jun-16 595 535 570 375 65,832 37,120 21
Jan-15 Jan-16 Jan-17 Jan-18 Jan-19
Jul-16 725 565 675 3,070 276,073 178,571 16
Aug-16 805 675 775 4,513 111,865 84,444 22
Sep-16 995 750 975 9,613 220,824 192,922 21
Closing Price*, Jakarta Composite Index (IHSG) and Oct-16 1,150 955 1,120 8,212 149,606 158,509 21
Agriculture Index Nov-16 1,120 890 940 8,465 125,016 125,595 22
January 2015 - January 2019 Dec-16 990 920 990 3,382 127,699 121,332 20
125%
Jan-17 1,210 975 1,150 6,955 189,553 220,137 21
100% Feb-17 1,300 1,100 1,210 4,547 97,686 114,102 19
Mar-17 1,290 1,185 1,250 3,621 73,625 92,008 22
75% Apr-17 1,320 1,180 1,270 4,746 52,587 66,309 17
May-17 1,585 1,270 1,585 11,684 131,753 189,848 20
50% Jun-17 1,570 1,400 1,470 7,942 132,498 198,753 15
Jul-17 1,570 1,440 1,485 5,254 40,183 60,659 21
29.5% Aug-17 1,480 1,360 1,400 6,619 54,405 76,902 22
25% 24.6%
Sep-17 1,460 1,345 1,390 5,826 41,202 58,464 19
Oct-17 1,450 1,385 1,395 4,049 22,951 32,531 22
-
Nov-17 1,420 1,350 1,395 5,044 25,727 37,610 22
Dec-17 1,405 1,190 1,225 5,921 30,612 38,812 18
-25%
-29.8%
Jan-18 1,300 1,165 1,235 8,833 84,850 103,424 22
-50% Feb-18 1,255 1,100 1,210 8,195 31,504 37,395 19
Mar-18 1,330 1,150 1,255 7,481 29,603 36,406 21
-75% Apr-18 1,390 1,140 1,180 9,342 66,469 84,892 21
Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 May-18 1,170 955 1,130 9,444 44,087 46,642 20
Jun-18 1,150 820 885 4,785 175,906 158,576 13
Jul-18 960 825 890 6,841 25,293 22,680 22
SHARES TRADED 2015 2016 2017 2018 Jan-19 Aug-18 1,190 890 1,165 36,705 295,660 306,620 21
Volume (Million Sh.) 370 1,267 893 1,160 245 Sep-18 1,245 980 1,045 23,108 161,225 182,502 19
Value (Billion Rp) 221 1,012 1,186 1,196 232 Oct-18 1,050 845 890 20,575 98,370 93,780 23
Frequency (Thou. X) 14 48 72 165 26 Nov-18 915 745 825 13,710 67,417 54,604 21
Days 242 244 238 240 22 Dec-18 930 795 865 15,722 79,635 68,796 18

Price (Rupiah) Jan-19 1,015 855 965 25,940 245,107 231,976 22

High 755 1,150 1,585 1,390 1,015
Low 420 480 975 745 855
Close 510 990 1,225 865 965
Close* 510 990 1,225 865 965

PER (X) 13.83 8.47 6.90 6.45 7.19

PER Industry (X) -6.37 19.38 2.40 19.27 19.33
PBV (X) 0.95 1.64 1.64 1.05 1.18
* Adjusted price after corporate action
 TBLA Tunas Baru Lampung Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Mirawati Sensi Idris

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 519,690 295,969 126,377 125,992 251,860 16,250

Receivables 734,352 819,181 1,156,884 1,668,603 2,050,650

956,097 1,145,978 2,579,842 2,140,137 2,735,338 13,000
Inventories
Current Assets 2,860,451 3,128,687 5,058,143 5,143,894 6,493,478
9,750
Fixed Assets 2,843,642 4,433,234 5,472,981 6,192,524 6,527,156
Other Assets 102,538 60,955 121,899 79,619 65,169
6,500
Total Assets 7,328,419 9,283,775 12,596,824 14,024,486 15,927,583
Growth (%) 26.68% 35.69% 11.33% 13.57% 3,250

Current Liabilities 2,590,132 2,707,963 4,583,285 4,637,979 3,370,143 -

Long Term Liabilities 2,273,870 3,697,335 4,592,924 5,386,561 8,176,708 2014 2015 2016 2017 Sep-18
Total Liabilities 4,864,002 6,405,298 9,176,209 10,024,540 11,546,851
Growth (%) 31.69% 43.26% 9.24% 15.19%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 800,000 800,000 800,000 800,000 800,000 4,381
Paid up Capital 667,762 667,762 667,762 667,762 667,762 4,381
4,000
Paid up Capital (Shares) 5,342 5,342 5,342 5,342 5,342 3,421
Par Value 125 125 125 125 125
3,487

2,878
Retained Earnings 1,278,690 1,350,333 1,854,854 2,429,887 2,807,163 2,464
2,464,417 2,878,477 3,420,615 3,999,946 4,380,732
2,593

Total Equity
Growth (%) 16.80% 18.83% 16.94% 9.52% 1,700

INCOME STATEMENTS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 806

Total Revenues 6,337,561 5,331,404 6,513,980 8,974,708 6,290,429

Growth (%) -15.88% 22.18% 37.78%
-88

2014 2015 2016 2017 Sep-18

Cost of Revenues 5,044,887 4,160,926 4,888,655 6,709,085 4,616,086

Gross Profit 1,292,674 1,170,478 1,625,325 2,265,623 1,674,343
TOTAL REVENUES (Bill. Rp)
Expenses (Income) - 907,264 822,613 1,021,027 957,708
Operating Profit - - - 1,244,596 716,635 8,975

Growth (%)
8,975

7,144

6,338 6,514 6,290

Other Income (Expenses) -730,255 - - - - 5,331
Income before Tax 562,419 263,214 802,712 1,244,596 716,635 5,313

Tax 125,916 62,431 181,701 290,239 175,432

Profit for the period 436,503 200,783 621,011 954,357 541,203 3,482

Growth (%) -54.00% 209.29% 53.68%

1,651

Period Attributable 433,463 197,012 615,446 948,993 537,693 -179

Comprehensive Income 435,953 558,226 638,167 900,718 541,203 2014 2015 2016 2017 Sep-18
Comprehensive Attributable 432,913 554,332 632,489 895,253 537,693

RATIOS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 110.44 115.54 110.36 110.91 192.68
954
Dividend (Rp) - 12.00 20.00 75.00 -
EPS (Rp) 81.14 36.88 115.21 177.64 100.65
BV (Rp) 461.32 538.83 640.31 748.76 820.04 760

621
DAR (X) 0.66 0.69 0.73 0.71 0.72 541
DER(X) 1.97 2.23 2.68 2.51 2.64
565

437
ROA (%) 5.96 2.16 4.93 6.80 3.40 370

ROE (%) 17.71 6.98 18.15 23.86 12.35 201

GPM (%) 20.40 21.95 24.95 25.24 26.62 176

OPM (%) - - - 13.87 11.39

NPM (%) 6.89 3.77 9.53 10.63 8.60
-19

2014 2015 2016 2017 Sep-18

Payout Ratio (%) - 32.54 17.36 42.22 -
Yield (%) - 2.35 2.02 6.12 -

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