TURI TunasRideanTbk.

[S]
COMPANY REPORT : JULY 2012
Main Board
Industry Sector : Trade, Services & Investment (9)
Industry Sub Sector : Wholesale (Durable & Non-Durable Goods) (91)
COMPANY HISTORY
Established Date : 24-Jul-1980
Listing Date
: 16-May-1995
Under Writer IPO :
PT Jardine Fleming Nusantara
Securities Administration Bureau :
PT Datindo Entrycom
Wisma Sudirman - Puri Datindo
Jln. Jend. Sudirman Kav. 34 - 35, Jakarta 10220
Phone : 570-9009
Fax
: 570-9026
BOARD OF COMMISSIONERS
1. Anton Setiawan
2. Cheah Kim Teck
3. Cosmas Batubara *)
4. Heng Carla Hendriek *)
5. Suliawati Tjokro
*) Independent Commissioners
BOARD OF DIRECTORS
1. Rico Adisurja Setiawan
2. Hong Anton Leoman
3. Tan Thomas Kae Jye
4. Tenny Febyana Halim
AUDIT COMMITTEE
1. Heng Carla Hendriek, SE
2. Chiew Sin Cheok
3. Hendra H. Kustarjo
4. Rodion Wikanto Njotowidjojo
CORPORATE SECRETARY
Dewi Yunita
HEAD OFFICE
Tunas Toyota Building, 3rd Fl.
Jln. Raya Pasar Minggu No. 7, Jakarta 12740
Phone : (021) 794-4788
Fax
: (021) 799-5621
Homepage
Email

: www.tunasgroup.com
: info@tunasgroup.com

As of 31 July 2012
:
Individual Index
:
Listed Shares
Market Capitalization :

SHAREHOLDERS (July 2012)

1. Jardine Cycle & Carriage Limited
2. PT Tunas Andalan Pratama
3. Public ( <5% )
DIVIDEND ANNOUNCEMENT
Bonus
Cash
Year Shares Dividend Cum Date
1995
66.00
23-Jul-96
1996
38.00
08-Jul-97
1997
2:1
20-Oct-97
1997
7.00 20-Aug-98
1999
28.00 12-Jun-00
2000
55.00 29-Nov-00
2001
11.00
12-Jul-02
16.00 12-Jun-03
2002
2002
7.30 08-Oct-03
2003
12.20 14-Jun-04
2004
13.00 05-Oct-04
2005
26.50 14-Jun-05
2005
15.00 25-Nov-05
2005
19.00 13-Jun-06
2006
5.30 06-Jun-07
2007
55.00 09-Jun-08
168.00 03-Jun-09
2008
72.00 20-Nov-09
2009
2009
16.00 01-Jun-10
2010
5.00 22-Nov-10
2010
5.00 30-May-11
2011
7.00 06-Dec-11
2011
7.00 01-Jun-12

1,777.778
5,580,000,000
4,464,000,000,000

2,446,009,000 :
2,446,009,000 :
687,982,000 :

Ex Date
24-Jul-96
09-Jul-97
21-Oct-97
21-Aug-98
13-Jun-00
30-Nov-00
15-Jul-02
13-Jun-03
09-Oct-03
15-Jun-04
06-Oct-04
15-Jun-05
28-Nov-05
14-Jun-06
07-Jun-07
10-Jun-08
04-Jun-09
23-Nov-09
02-Jun-10
23-Nov-10
31-May-11
07-Dec-11
04-Jun-12

Recording
Date
01-Aug-96
18-Jul-97
29-Oct-97
31-Aug-98
22-Jun-00
07-Dec-00
18-Jul-02
17-Jun-03
13-Oct-03
17-Jun-04
08-Oct-04
17-Jun-05
30-Nov-05
16-Jun-06
11-Jun-07
12-Jun-08
08-Jun-09
25-Nov-09
04-Jun-10
25-Nov-10
03-Jun-11
09-Dec-11
06-Jun-12

43.84%
43.84%
12.33%

Payment
Date
30-Aug-96
31-Jul-97
14-Nov-97
28-Sep-98
05-Jul-00
20-Dec-00
01-Aug-02
01-Jul-03
27-Oct-03
01-Jul-04
22-Oct-04
01-Jul-05
14-Dec-05
30-Jun-06
25-Jun-07
26-Jun-08
22-Jun-09
10-Dec-09
18-Jun-10
10-Dec-10
17-Jun-11
23-Dec-11
20-Jun-12

F/I
F
F
F
F
I
F
F
F
F
F
I
F
I
F
F
I
F
I
F
I
F

ISSUED HISTORY
No.
1.
2.
3.
4.
5.
6.

Type of Listing
First Issue
Company Listing
Stock Split
Bonus Shares
Stock Split
Stock Split

Shares
28,000,000
65,000,000
93,000,000
93,000,000
1,116,000,000
4,185,000,000

Listing
Date
16-May-95
16-May-95
06-Oct-97
17-Nov-97
06-Jul-01
17-Jun-10

Trading
Date
15-Oct-10
22-Oct-10
06-Oct-97
17-Nov-97
06-Jul-01
17-Jun-10

TURI TunasRideanTbk.[S]
Closing Price
Volume
(Mill. Sh)

1,000

160

875

140

750

120

625

100

500

80

375

60

250

40

125

20

Jan-08

Jan-09

Jan-10

Jan-11

Jan-12

Change of Closing Price,

Trade Index and Jakarta Composite Index
January 2008 - July 2012

Low
1,050
1,030
990
940
930
970
970
960
830
590
640
680

Close
1,050
1,040
1,020
940
1,090
1,000
1,010
1,000
1,000
700
720
750

Freq.
Volume
Value
(X) (Thou. Sh.) (Million Rp)

Jan-08
Feb-08
Mar-08
Apr-08
May-08
Jun-08
Jul-08
Aug-08
Sep-08
Oct-08
Nov-08
Dec-08

High
1,270
1,080
1,100
1,020
1,100
1,090
1,050
1,050
1,100
900
820
830

Day

Closing
Price*

TRADING ACTIVITIES

Closing Price* and Trading Volume

Tunas Ridean Tbk. [S]
January 2008 - July 2012

2,767
2,243
1,124
715
83
55
124
76
63
36
23
7

34,412
53,745
42,126
40,562
1,085
3,356
31,188
3,025
1,325
1,820
11,183
9,310

42,040
56,898
44,457
39,671
1,123
3,359
31,155
3,021
1,240
1,457
6,743
8,378

20
19
17
21
20
16
21
15
15
7
11
7

Jan-09
Feb-09
Mar-09
Apr-09
May-09
Jun-09
Jul-09
Aug-09
Sep-09
Oct-09
Nov-09
Dec-09

680
680
1,200
1,100
1,390
1,410
1,750
1,940
1,580
1,570
1,670
1,850

510
530
600
950
1,050
1,150
1,320
1,490
1,470
1,460
1,490
1,540

530
610
990
1,050
1,370
1,340
1,750
1,570
1,530
1,510
1,550
1,740

56
53
101
76
7,414
7,614
5,109
6,486
2,938
3,440
3,890
6,366

2,317
2,477
1,241
8,276
174,633
147,549
163,769
194,638
82,301
80,719
85,121
189,410

1,261
1,362
923
8,151
227,741
191,446
250,402
324,858
124,032
122,858
134,851
330,141

4
7
9
14
20
22
21
20
18
22
20
19

Jan-10
Feb-10
Mar-10
Apr-10
May-10
Jun-10
Jul-10
Aug-10
Sep-10
Oct-10
Nov-10
Dec-10

2,000
1,920
2,275
2,875
2,775
2,350
660
730
830
950
790
700

1,720
1,860
1,840
2,175
2,100
530
550
630
650
780
640
570

1,890
1,890
2,150
2,800
2,250
570
640
670
940
780
640
580

4,751
2,268
3,180
2,224
1,640
7,637
7,888
7,573
10,159
8,889
5,826
4,585

146,811
164,024
109,311
67,700
21,907
259,542
198,286
188,659
376,186
190,579
142,456
97,121

273,870
280,295
219,057
153,274
52,774
214,187
119,642
126,991
267,046
160,531
99,505
60,345

20
19
22
21
19
22
22
21
17
21
21
20

Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11

630
650
640
610
600
620
830
810
740
650
660
630

570
560
580
560
560
520
610
620
570
560
590
580

600
580
580
570
560
610
730
650
660
620
610
600

5,148
3,398
4,338
3,432
3,963
4,858
4,193
4,308
3,878
2,727
3,846
3,266

142,965
110,866
111,713
71,208
102,921
146,861
138,442
116,215
86,565
76,248
118,192
91,425

86,034
67,186
67,767
41,049
59,780
84,852
99,179
81,704
56,999
46,465
73,663
55,540

21
18
23
20
21
20
21
19
20
21
22
21

Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12

710
710
760
780
860
800
800

580
680
690
710
760
760
740

700
700
730
770
800
760
800

3,589
2,604
2,591
3,391
3,580
2,308
2,911

147,010
53,694
99,136
132,621
104,783
70,171
91,220

94,521
37,469
72,718
98,374
85,036
54,534
70,548

21
21
21
20
21
21
22

Month

210%
Jakarta Composite Index
Trade Index
Closing Price

175%

160.2%

140%
105%
75.2%

70%

51.7%
35%
-35%
-70%

Jan 08

Jan 09

Jan 10

Jan 11

Jan 12

SHARES TRADED

2008

2009

2010

2011

Jul-12

Volume (Million Sh.)

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

233
240
7
189

1,132
1,718
44
196

1,963
2,028
67
245

1,314
820
47
247

699
513
21
147

1,270
590
750
188

1,940
510
1,740
435

2,875
530
580
580

830
520
600
600

860
580
800
800

4.27
7.82
PER (X)
8.30
17.60
PER Industry (X)
1.02
2.43
PBV (X)
* Adjusted price after corporate action

12.03
21.27
2.67

10.36
22.34
2.28

10.43
18.88
2.83

Price (Rupiah)
High
Low
Close
Close*

TURI TunasRideanTbk.[S]
Financial Data and Ratios
Public Accountant : Tanudiredja, Wibisana & Rekan (Member of PricewaterhouseCoopers Global Network)
BALANCE SHEET
(Million Rp except Par Value)

Dec-08

Dec-09

Dec-10

Dec-11

Jun-12

Cash & Cash Equivalents

579,168

253,962

241,255

371,226

246,459

Receivable

1,160,407

209,386

294,616

325,596

582,705

Inventories

240,972

331,550

456,459

604,956

681,485

2,038,331

840,591

1,037,257

1,349,747

1,554,434

Fixed Assets

632,838

700,281

805,004

920,353

966,950

Other Assets

11,128

8,639

6,724

6,555

5,985

Total Assets

3,583,328

1,770,692

2,100,154

2,545,309

2,911,837

-50.59%

18.61%

21.20%

14.40%

1,445,037

620,680

686,155

858,449

1,036,728

Long Term Liabilities

1,113,661

149,795

200,546

219,085

226,038

Total Liabilities

2,558,698

770,475

886,701

1,077,534

1,262,766

-69.89%

15.08%

21.52%

17.19%

Authorized Capital

250,000

250,000

250,000

250,000

250,000

Paid up Capital

139,500

139,500

139,500

139,500

139,500

Book End : December

TOTAL ASSETS AND LIABILITIES (Bill. Rp)

Assets

Liabilities

3,625
2,900

Current Assets

Growth (%)

2,175
1,450
725
-

Current Liabilities

Growth (%)
Minority Interest

Paid up Capital (Shares)

1,395

1,395

5,580

5,580

5,580

100

100

25

25

25

2008

2009

2010

2011

Jun-12

TOTAL EQUITY (Billion Rupiah)

1,649
1,468

1,649

1,213

1,313

1,025

1,000

2008

2009

976

Par Value

884,030

859,617

1,072,853

1,328,182

1,509,333

1,024,630

1,000,217

1,213,453

1,467,775

1,649,071

-2.38%

21.32%

20.96%

12.35%

Dec-08

Dec-09

Dec-10

Dec-11

Jun-12

5,541,965

4,890,203

6,825,683

8,297,532

5,178,268

-11.76%

39.58%

21.56%

4,985,162

4,563,489

6,269,447

7,591,175

4,751,067

Gross Profit

556,803

326,714

556,236

706,357

427,201

Operating Expenses

296,267

208,598

295,663

276,840

233,902

Operating Profit

260,536

118,116

260,573

429,517

193,299

-54.66%

120.61%

64.84%

Retained Earnings
Total Equity

Growth (%)
INCOME STATEMENTS
Total Revenues

Growth (%)
Expenses

Growth (%)

640

303

-33

2010

2011

Jun-12

TOTAL REVENUES (Billion Rupiah)

8,298
8,298

6,826
6,605

5,542

5,178

4,890
4,912

90,682

262,143

50,886

93,356

Income before Tax

351,270

410,299

347,613

429,517

286,655

Tax

106,191

99,912

78,609

107,228

66,444

245,079

310,387

269,004

323,296

220,356

26.65%

-13.33%

20.18%

Other Income (Expenses)

Minority Interest
Net Income

Growth (%)

1,527

-166

2008

Dec-08

Dec-09

Dec-10

Dec-11

Jun-12

Current Ratio (%)

141.06

135.43

151.17

157.23

149.94

Dividend (Rp)

168.00

88.00

10.00

14.00

EPS (Rp)

175.68

222.50

48.21

57.94

39.49

BV (Rp)

734.50

717.00

217.46

263.04

295.53

DAR (X)

0.71

0.44

0.42

0.42

0.43

DER(X)

2.50

0.77

0.73

0.73

0.77

RATIOS

3,219

ROA (%)

9.80

23.17

16.55

16.87

9.84

ROE (%)

34.28

41.02

28.65

29.26

17.38

GPM (%)

10.05

6.68

8.15

8.51

8.25

OPM (%)

4.70

2.42

3.82

5.18

3.73

NPM (%)

4.42

6.35

3.94

3.90

4.26

Payout Ratio (%)

95.63

39.55

20.74

24.16

Yield (%)

22.40

5.06

1.72

2.33

2009

2010

2011

Jun-12

NET INCOME (Billion Rupiah)

323

310
323

269
245
220

257

191

125

59

-6

2008

2009

2010

2011

Jun-12