PT Astra Otoparts Tbk.

Automotive and Allied Products

Head Office Jl. Raya Pegangsaan Dua Km. 2.2 Summary of Financial Statement
Kelapa Gading, Jakarta 14250
Phone (021) 460-3550, 460-7025 (Million Rupiah)
Fax (021) 460-3549, 460-7009 2011 2012 2013
Email: auto@component.astra.co.id Total Assets 6,964,227 8,881,642 12,617,678
Website: www.component.astra.co.id Current Assets 2,509,443 3,205,631 5,029,517
Factories - Jl. Raya Pegangsaan Dua Km 2.1 of which
Kelapa Gading, Jakarta 14250 Cash and cash equivalents 365,399 651,750 1,473,625
Phone (021) 460-3272 Trade receivables 921,741 1,060,509 1,527,868
Inventories 955,369 1,155,235 1,605,263
Fax (021) 460-1677
Non-Current Assets 4,454,784 5,676,011 7,588,161
Email: auto@component.astra.co.id of which
- Jl. Raya Jakarta-Bogor Km, 51.3 Fixed Assets-Net 1,547,831 2,084,184 3,182,962
Ciluar-Bogor 16710 Deffered Tax Assets-Net 158,880 230,421 254,334
Phone (0251) 865-2703-8 Investments 2,485,324 3,079,213 3,663,883
Fax (0251) 865-2701-2 Other Assets 117,344 170,622 228,031
Business Spar Parts Manufacturing and Trading
Liabilities 2,241,333 3,396,543 3,058,924
Company Status PMDN
Current Liabilities 1,892,818 2,751,766 2,661,312
Financial Performance: The Company booked net income of which
amounted IDR1.099 trillion in 2013, increasing from IDR1.076 Short term-debt 620,215 1,094,754 62,053
Trade payables 693,170 812,477 1,511,257
trillion booked in 2012. Taxes payable 61,288 81,827 109,689
Brief History: PT Astra Otoparts Tbk (AOP) is the hold- Accrued expenses 257,792 459,929 534,248
ing company of component group of the Astra Group, which Current maturities of
was established in 1996. This company was a result of consoli- of long-term debt 93,033 150,383 158,888
Non-Current Liabilities 348,515 644,777 397,612
dation and merge process of PT Federal Dinamika Lestari, PT
Astra Pradipta Internusa, PT Astra Persada Nusantara and PT Shareholders' Equity 4,722,894 5,485,099 9,558,754
Astra Multi Trading. Paid-up capital 385,579 385,579 481,973
As the largest group of automotive parts manufacturing Paid-up capital
in excess of par value 45,020 45,020 2,914,054
and distributing companies, AOP includes 27 subsidiaries and as Revaluation of fixed assests n.a n.a n.a
of March 2004 employs 19,976 people. AOP produces a com- Retained earnings (accumulated loss) 4,292,295 5,054,500 6,162,727
prehensive range of forged, cast, electrical, rubber and plastic
automotive parts, encompassing original equipment manufac- Net Sales 7,363,659 8,277,485 10,701,988
Cost of Goods Sold 6,126,058 6,921,210 8,989,568
turing (OEM) and replacement market (after market) automo- Gross Profit 1,237,601 1,356,275 1,712,420
bile and motorcycle parts for both domestic and export mar- Operating Expenses 718,053 880,741 1,040,621
kets supported by highly professional management team that Operating Profit 519,548 475,534 671,799
insists on a high level of transparency in all their dealings. Other Income (Expenses) 735,535 787,834 596,805
Profit (loss) before Taxes 1,255,083 1,263,368 1,268,604
AOP customers include sole agents and vehicle assem- Comprehensive Profit (loss) 1,105,649 1,076,431 1,099,709
blers (ATPM) in Indonesia such as BMW, Bimantara, Chrysler,
Chevrolet, Daihatsu, Daewoo, Ford, Hino, Honda, Hyundai, Per Share Data (Rp)
Isuzu, Kawasaki, Mazda, Mercedes Benz, Mitsubishi, Nissan, Earnings (Loss) per Share 1,434 279 228
Equity per Share 6,124 1,423 1,983
Opel, Peugeot, Suzuki, Toyota, Vespa, and Yamaha as well as Dividend per Share 75 87 84
OEM customers worldwide. Closing Price 3,400 3,700 3,650

Financial Ratios
PER (x) 2.37 13.25 16.00
PBV (x) 0.56 2.60 1.84
Dividend Payout (%) 5.23 31.16 36.60
Dividend Yield (%) 1.22 6.12 4.21

Current Ratio (x) 1.33 1.16 1.89

Debt to Equity (x) 0.47 0.62 0.32
Leverage Ratio (x) 0.32 0.38 0.24
Gross Profit Margin (x) 0.17 0.16 0.16
Operating Profit Margin (x) 0.07 0.06 0.06
Net Profit Margin (x) 0.15 0.13 0.10
Inventory Turnover (x) 6.41 5.99 5.60
Total Assets Turnover (x) 1.06 0.93 0.85
Shareholders
ROI (%) 15.88 12.12 8.72
PT Astra International Tbk 80.00% ROE (%) 23.41 19.62 11.50
Widya Wiryawan 0.04%
PER = 22,84x ; PBV = 2,15x (June 2014)
Leonard Lembong 0.02% Financial Year: December 31
Public 19.94% Public Accountant: Tanudiredja, Wibisana & Rekan

432 Indonesian Capital Market Directory 2014

PT Astra Otoparts Tbk. Automotive and Allied Products

Board of Commissioners Board of Directors

President Commissioner Sudirman Maman Rusdi President Director Hamdani Dzulkarnaen Salim
Vice President Commissioner Johannes Loman Directors Djangkep Budhi Santoso, Aurelius Kartika Hadi Tan,
Commissioners Simon Collier Dixon, Johnny Darmawan Danusasmita, Darmawan Widjaja, Lay Agus, Robby Sani, Kusharijono,
Chiew Sin Cheok, Bambang Trisulo, Patrick Morris Alexander, Bambang Rustamadji Sugeng, Yusak Kristian Solaeman
Eduardus Paulus Supit, Siswanto Prawiroatmodjo, Number of Employees 10,098
Leonard Lembong, Eddy Sugito
No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 15-Jun-98 15-Jun-98 75,000,000 75,000,000
2 Company Listing 15-Jun-98 29-Jan-99 674,930,280 749,930,280
3 Option II Conversion 17-Jun-03 17-Jun-03 374,500 750,304,780
4 Option II Conversion 2-Sep-03 2-Sep-03 1,367,500 751,672,280
5 Option II Conversion 2-Oct-03 2-Oct-03 3,843,000 755,515,280
6 Option II Conversion 4-Jan-04 4-Jan-04 1,450,500 756,965,780
7 Option II & III Conversion 21-Jan-04 21-Jan-04 339,500 757,305,280
8 Option II Conversion 4-Feb-04 4-Feb-04 265,000 757,570,280
9 Option II Conversion 4-Aug-04 4-Aug-04 2,689,500 760,259,780
10 Option III Conversion 10-Oct-04 10-Oct-04 1,489,500 761,749,280
11 Option III Conversion 10-Nov-04 10-Nov-04 4,034,500 765,783,780
12 Option III Conversion 10-Dec-04 10-Dec-04 2,392,500 768,176,280
13 Option III Converision 4-Jan-05 4-Jan-05 1,080,500 769,256,780
14 Option III Conversion 4-Feb-05 4-Feb-05 364,500 769,621,280
15 Option III Conversion 4-Mar-05 4-Mar-05 349,000 769,970,280
16 Option III Conversion 4-Apr-05 4-Apr-05 358,000 770,328,280
17 Option III Conversion 4-May-05 4-May-05 1,027,000 771,355,280
18 Stock Split 24-Jun-11 24-Jun-11 3,084,629,120 3,855,984,400
Underwriter PT Usaha Bersama Sekuritas

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-13 3,875 3,500 3,700 5,471.00 20,373.00 1,130 21 3,855,984,400 14,266,410.00
February-13 3,950 3,600 3,925 6,040.00 23,136.00 908 20 3,855,984,400 15,133,962.00
March-13 4,200 3,775 4,025 6,729.00 26,669.00 1,263 19 3,855,984,400 15,519,540.00
April-13 4,050 3,750 3,800 2,863.00 11,087.00 677 21 3,855,984,400 14,651,988.00
May-13 4,450 3,325 4,300 840,225.00 3,175,109.00 6,786 22 3,855,984,400 20,724,852.00
June-13 4,375 3,875 4,075 84,232.00 350,491.00 5,499 19 3,855,984,400 19,640,412.00
July-13 4,125 3,750 4,000 26,082.00 101,601.00 2,487 23 3,855,984,400 19,278,932.00
August-13 4,175 3,500 3,825 21,708.00 83,476.00 1,848 17 3,855,984,400 18,435,479.00
September-13 4,575 3,400 4,375 42,829.00 167,708.00 2,711 21 3,855,984,400 21,086,332.00
October-13 4,775 4,150 4,350 10,839.00 48,398.00 1,396 21 3,855,984,400 20,965,839.00
November-13 4,350 3,700 3,825 39,057.00 152,366.00 1,959 20 3,855,984,400 18,435,479.00
December-13 3,900 3,325 3,650 12,479.00 44,398.00 2,080 19 3,855,984,400 17,592,025.00
January-14 3,800 3,340 3,370 22,676.00 77,379.00 6,059 20 3,855,984,400 16,242,500.00
February-14 3,785 3,315 3,605 77,311.00 268,088.00 14,816 20 3,855,984,400 17,375,137.00
March-14 4,085 3,515 4,000 52,232.00 200,996.00 14,406 20 3,855,984,400 19,278,932.00
April-14 4,015 3,560 4,000 14,774.00 58,572.00 4,080 20 3,855,984,400 19,278,932.00
May-14 4,000 3,600 3,775 31,090.00 123,975.00 2,430 18 3,855,984,400 18,194,492.00
June-14 3,850 3,610 3,850 13,338.00 49,517.00 2,242 21 3,855,984,400 18,555,972.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
5,000 5,000

4,500 4,500

4,000 4,000

3,500 3,500

3,000 3,000

2,500 2,500

2,000 2,000

1,500 1,500

1,000 1,000

500 500

- -
Jan-13 Mar-13 May-13 Jul-13 Sep-13 Nov-13 Jan-14 Mar-14 May-14

Institute for Economic and Financial Research 433