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PT Ekadharma International Tbk.

(Formerly PT Ekadharma Tape Industries Tbk) Adhesive

Head Office/Factory Kawasan Industri Pasar Kemis Blok C-1 Summary of Financial Statement
Jl. Raya Pasar Kemis, Tangerang 15560, Banten
Phone (021) 590-0160 (Hunting) (Million Rupiah)
Fax (021) 590-0165 2011 2012 2013
E-mail: contact@tmg.ekadharma.com Total Assets 237,592 273,893 343,602
Website: www.ekadharma.com Current Assets 155,734 180,371 229,041
Representative Office Galeri Niaga Mediterania 2 Blok L. 8 of which
F-G, Pantai Indah Kapuk Cash and Cash Equivalents 7,056 6,428 9,841
Jakarta Utara 14460 Short-term investments 18,795 24,168 20,819
Trade receivables 41,637 49,625 62,545
Phone (021) 588-3090
Inventories 73,015 81,649 109,379
Fax (021) 588-3091
Non-Current Assets 81,858 93,523 114,560
Email: liepkhing@kdy.ekadharma.com of which
Business Adhesive Tapes Fixed Assets-Net 74,432 85,361 104,498
Company Status PMDN Deffered Tax Assets 1,130 1,490 1,886
Financial Performance: The Company booked net income Investments 3,134 3,134 3,134
Other Assets 1,463 1,866 3,369
at IDR51.32 billion in 2013, increase from IDR49.22 billion in
2012. Liabilities 89,947 81,916 105,894
Brief History: Ekadharma was established with the name Current Liabilities 81,809 74,814 98,355
PT Ekadharma Widya Grafika in 1981 and operating in pa- of which
Bank loans 46,634 43,649 61,696
per production. In 1983, Ekadharma expanded its business to
Trade payables 23,978 17,523 23,732
tape industries. Ekadharma changed its name to PT Ekadharma Taxes payable 2,836 4,751 3,988
Tape Industries in 1990 and sold its shares to public. Ekadharma Accrued expenses 864 836 1,197
changed its name to PT Ekadharma International in 2006. Non-Current Liabilities 8,138 7,101 7,539

Shareholders' Equity 147,646 191,978 237,708


Paid-up capital 34,939 34,939 34,939
Paid-up capital
in excess of par value 138 138 138
Retained earnings 112,568 156,901 202,630

Net Sales 328,460 385,037 418,669


Cost of Goods Sold 246,909 284,653 302,324
Gross Profit 81,551 100,384 116,345
Operating Expenses 45,855 52,708 59,978
Operating Profit 35,695 47,676 56,367
Other Income (Expenses) (476) 254 (4,378)
Profit (loss) before Taxes 35,219 47,930 51,988
Comprehensive Profit (loss) 27,748 49,224 51,320

Per Share Data (Rp)


Earnings per Share 40 70 73
Equity per Share 211 275 340
Dividend per Share 7 8 9
Closing Price 280 350 390

Financial Ratios
PER (x) 7.05 4.97 5.31
PBV (x) 1.33 1.27 1.15
Dividend Payout (%) n.a 11.36 12.25
Dividend Yield (%) n.a 2.29 2.31

Current Ratio (x) 1.90 2.41 2.33


Debt to Equity (x) 0.61 0.43 0.45
Leverage Ratio (x) 0.38 0.30 0.31
Gross Profit Margin (x) 0.25 0.26 0.28
Operating Profit Margin (x) 0.11 0.12 0.13
Net Profit Margin (x) 0.08 0.13 0.12
Inventory Turnover (x) 3.38 3.49 2.76
Total Assets Turnover (x) 1.38 1.41 1.22
ROI (%) 11.68 17.97 14.94
ROE (%) 18.79 25.64 21.59
Shareholders
PT Ekadharma Inti Perkasa 75.45% PER = 6,48x ; PBV = 1,40x (June 2014)
Financial Year: December 31
Public 24.55% Public Accountant: Teramihardja, Pradhono & Chandra

302 Indonesian Capital Market Directory 2014


PT Ekadharma International Tbk.
(Formerly PT Ekadharma Tape Industries Tbk) Adhesive

Board of Commissioners Board of Directors


President Commissioner Emil Bachtiar President Director Judi Widjaja Leonardi
Commissioner Rudy Kurniawan Leonardi Directors Lie Phing, Christian Tedjawidjaja

Number of Employees 389

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 14-Aug-90 14-Aug-90 1,000,000 1,000,000
2 Company Listing 10-Jun-91 17-Jun-91 2,850,000 3,850,000
3 Bonus Shares 03-Sep-91 03-Sep-91 770,000 4,620,000
4 Bonus Shares 06-Aug-92 06-Aug-92 462,000 5,082,000
5 Bonus Shares 18-Dec-92 18-Dec-92 5,082,000 10,164,000
6 Dividend Shares 15-Aug-94 15-Aug-94 1,016,400 11,180,400
7 Stock Split 06-Sep-99 06-Sep-99 11,180,400 22,360,800
8 Dividend Shares 13-Sep-99 13-Sep-99 22,360,800 44,721,600
9 Stock Split 10-Feb-04 10-Feb-04 178,886,400 223,608,000
10 Bonus Shares 8-Aug-06 8-Aug-06 27,951,000 251,559,000
11 Stock Dividend 8-Aug-06 8-Aug-06 27,951,000 279,510,000
12 Stock Split 19-Oct-06 19-Oct-06 279,510,000 559,020,000
13 Bonus Shares 7-Jul-11 7-Jul-11 139,755,000 698,775,000

Underwriter
PT Danareksa (Persero)
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-13 430 355 400 60,261.00 23,366.00 4,931 21 698,775,000 279,510.00
February-13 420 390 410 24,005.00 9,686.00 2,239 20 698,775,000 286,498.00
March-13 485 395 460 50,083.00 22,217.00 3,963 19 698,775,000 321,437.00
April-13 480 410 430 26,412.00 11,566.00 2,175 22 698,775,000 300,473.00
May-13 460 400 420 34,686.00 14,871.00 2,404 22 698,775,000 293,486.00
June-13 425 370 395 12,166.00 4,888.00 944 19 698,775,000 276,016.00
July-13 400 380 380 10,534.00 4,097.00 713 23 698,775,000 265,535.00
August-13 390 325 360 5,451.00 1,983.00 474 17 698,775,000 251,559.00
September-13 385 335 365 4,329.00 1,513.00 397 21 698,775,000 255,053.00
October-13 405 360 405 4,700.00 1,815.00 665 21 698,775,000 283,004.00
November-13 410 380 395 7,516.00 2,976.00 702 20 698,775,000 276,016.00
December-13 400 385 390 3,958.00 1,544.00 421 19 698,775,000 272,522.00
January-14 407 384 399 8,490.00 3,378.00 822 20 698,775,000 278,811.00
February-14 425 399 417 5,779.00 2,393.00 649 20 698,775,000 291,389.00
March-14 440 410 424 4,104.00 1,730.00 536 20 698,775,000 296,281.00
April-14 438 413 425 9,807.00 4,173.00 905 20 698,775,000 296,979.00
May-14 435 421 424 6,147.00 2,618.00 559 18 698,775,000 296,281.00
June-14 423 401 406 3,242.00 1,351.00 461 21 698,775,000 283,703.00

Stock Price and Traded Chart


Stock Price (Rp) Thousand Shares
500 1,600

450
1,400
400
1,200
350
1,000
300

250 800

200
600
150
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100
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50

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

Institute for Economic and Financial Research 303