JPFA JAPFAComfeedIndonesiaTbk.

COMPANY REPORT : JANUARY 2016

As of 29 January 2016

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

Individual Index
:
Listed Shares
:
Market Capitalization :

200.929
10,660,522,910
7,835,484,338,850

93 | 7.84T | 0.16% | 86.30%

138 | 0.94T | 0.07% | 96.39%

COMPANY HISTORY
Established Date
: 18-Jan-1971
Listing Date
: 23-Oct-1989
Under Writer IPO :
PT Ficorinvest
Securities Administration Bureau :
PT Adimitra Jasa Korpora
Rukan Kirana Boutique Office
Jln. Kirana Avenue III Blok F3 No. 5, Kelapa Gading, Jakarta Utara

Phone : (021) 2974-5222

Fax
:
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

SHAREHOLDERS (January 2016)

1. Credit Suisse AG Singapore Trust Ac. Cl. Japfa Ltd.-2023904010
2. Public (<5%)
DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year
1991
1990
1992
1992
1993
1994
1995
1996
2009
2010
2011
2012
2013
2015

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
15.00

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
11-Apr-16

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
12-Apr-16

6,185,600,835 :
4,474,922,075 :

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
14-Apr-16

58.02%
41.98%

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
27-Apr-16

F/I
B
I
F
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 JAPFAComfeedIndonesiaTbk.
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-12

Jan-13

Jan-14

Jan-15

Jan-16

Closing Price*, Jakarta Composite Index (IHSG) and

Basic Industry and Chemicals Index
January 2012 - January 2016
175%
140%
105%
70%
35%
18.1%
-1.1%
-3.9%

-35%
-70%
-105%

Jan 12

Jan 13

Jan 14

Jan 15

Jan 16

SHARES TRADED

2012

2013

2014

2015 Jan-16

Volume (Million Sh.)

Value (Billion Rp)
Frequency (Thou. X)
Days

303
1,326
56
246

1,725
3,216
179
242

1,622
2,083
226
242

1,405
916
170
244

233
161
14
20

Price (Rupiah)
High
Low
Close
Close*

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

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

1,705
935
950
950

965
296
635
635

755
560
735
735

21.85
6.83
2.48

23.18
16.60
1.91

14.46
5.33
1.11

16.73
6.00
1.28

12.17
PER (X)
9.79
PER Industry (X)
2.75
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 2012 - January 2016

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

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

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

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

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

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
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15

965
915
895
805
735
685
565
450
379
515
500
650

875
780
750
545
520
525
411
303
296
299
379
430

890
900
780
550
680
535
440
368
297
440
470
635

16,449
16,827
16,516
16,813
14,919
10,338
8,249
8,963
7,870
19,050
20,599
13,219

152,685
182,019
139,647
182,087
140,706
60,910
45,874
33,798
71,015
109,838
144,143
142,197

139,378
156,131
117,562
129,945
89,644
36,793
23,763
12,162
21,708
45,599
63,626
79,895

21
19
22
21
19
21
19
20
21
21
21
19

Jan-16

755

560

735

13,763

233,444

160,981

20

(Thou. Sh.) (Million Rp)

27,589
109,999
26,415
112,932
15,934
66,330
23,749
98,472
28,583
126,364
45,560
203,338
60,827
232,100
9,195
39,725
11,537
52,996
14,787
73,092
21,196
110,353
100,021
17,376

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

JPFA JAPFAComfeedIndonesiaTbk.
Financial Data and Ratios

Book End : December

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

Dec-11

Dec-12

Dec-13

Dec-14

Dec-15

827,444

872,441

1,745,963

768,461

901,207
1,253,885

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

(Million Rp except Par Value)

Cash & Cash Equivalents

Assets

Receivables

726,129

956,999

1,249,813

1,312,779

Inventories

2,640,526

3,634,152

4,727,474

5,133,782

5,854,975

Current Assets

4,932,300

6,429,500

9,004,667

8,709,315

9,604,154

Fixed Assets

2,933,581

4,064,770

5,272,131

6,361,632

6,808,971

39,355

40,782

59,031

81,098

86,283

Other Assets
Total Assets

8,266,417 10,961,464 14,917,590 15,730,435 17,159,466

Growth (%)

10,500
7,000

36.09%

5.45%

9.08%

3,500
-

3,099,991

3,523,891

4,361,546

4,916,448

5,352,670

Long Term Liabilities

1,381,079

2,674,246

5,310,822

5,523,993

5,697,104

Total Liabilities

4,481,070

6,198,137

9,672,368 10,440,441 11,049,774

Growth (%)

14,000

32.60%

Current Liabilities

38.32%

56.05%

7.94%

5.84%

Liabilities

17,500

2011

2012

2013

2014

2015

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

1,666,250

1,666,250

1,666,250

1,666,250

2,072

2,072

10,661

1,666,250

10,661

1000 & 200 1000 & 200

200&40

200&40

200&40

Paid up Capital (Shares)

Par Value
Retained Earnings
Total Equity

968,308

1,800,363

2,182,807

2,408,794

2,797,573

3,785,347

4,763,327

5,245,222

5,289,994

6,109,692

25.84%

10.12%

0.85%

15.50%

Dec-12

Dec-13

Dec-14

Dec-15

Growth (%)
INCOME STATEMENTS
Total Revenues

Dec-11

14.07%

20.07%

14.23%

2.31%

2,560,345

3,183,905

3,617,845

3,425,574

3,993,001

Expenses (Income)

1,688,036

1,819,014

2,721,898

2,883,025

2,265,058

872,309

1,364,891

56.47%

Growth (%)

2013

2014

4,863

3,785
3,617

2,371

1,124

-122

2011

2012

2015

TOTAL REVENUES (Bill. Rp)

1,364,891

895,947

542,549

697,677

290,314

255,310

157,703

173,193

640,637

384,846

524,484

-40.38%

-39.93%

36.28%

872,309

Tax

200,835

Profit for the period

671,474

1,074,577

60.03%

Growth (%)

2014

2015

17,833

19,918

-1,030,266

Income before Tax

25,023

21,412

24,459
25,023

Other Income (Expenses)

5,290

13,072,723 14,648,797 17,794,240 21,033,306 21,029,912

Gross Profit
Operating Profit

4,763

5,245

15,633,068 17,832,702 21,412,085 24,458,880 25,022,913

Growth (%)
Cost of Revenues

6,110
6,110

15,633
14,814

9,709

4,604

Period Attributable
Comprehensive Income
Comprehensive Attributable

RATIOS
Current Ratio (%)
Dividend (Rp)

1,074,577

595,248

332,389

468,230

650,169

1,077,433

661,699

371,288

925,458

616,310

318,831

857,195

Dec-11

Dec-12

Dec-13

Dec-14

Dec-15

159.11

182.45

206.46

177.15

179.43

75.00

20.00

10.00

15.00

518.69

55.84

0.20

43.92

BV (Rp)

1,827.14

2,299.20

492.02

3.17

573.11

DAR (X)

0.54

0.57

0.65

0.66

0.64

DER(X)

1.18

1.30

1.84

1.97

1.81

ROA (%)

8.12

9.80

4.29

2.45

3.06

ROE (%)

17.74

22.56

12.21

7.27

8.58

GPM (%)

16.38

17.85

16.90

14.01

15.96

OPM (%)

5.58

7.65

NPM (%)

4.30

6.03

2.99

1.57

2.10

3.86

17.91

34.15

0.33

0.82

2.36

EPS (Rp)

Payout Ratio (%)

Yield (%)

1.96

-500

2011

2012

2013

PROFIT FOR THE PERIOD (Bill. Rp)

1,075
1,075

855

671

641
524

636

385
417

198

-21

2011

2012

2013

2014

2015