PT Supreme Cable Manufacturing & Commerce Tbk.

(Formerly PT Supreme Cable Manufacturing Corporation Tbk) Cables

Head Office Jl. Kebon Sirih No. 71 Summary of Financial Statement

Jakarta 10340
Phone (021) 310-0525, 310-1525 (Million Rupiah)
Fax (021) 315-2840, 3193-1119 2011 2012 2013
Email: sccadm@cbn.net.id Total Assets 1,455,621 1,486,921 1,762,032
Factory Jl. Daan Mogot Km. 16 Current Assets 1,192,307 1,197,203 1,454,622
Jakarta Barat of which
Phone (021) 619-0044, 540-2066, 619-0068 Cash and Cash Equivalents 289,193 260,478 294,288
Trade receivables 696,839 717,915 798,937
Fax (021) 619-2628
Inventories 202,116 215,827 299,425
Business Cable Products
Non-Current Assets 263,313 289,718 307,410
Company Status PMDN of which
Fixed Assets-Net 203,108 224,806 254,394
Financial Performance: The Company booked consolidat- Deffered Tax Assets 4,487 3,555 2,856
ed net profit at IDR104 billion in 2013, decrease from IDR169 Investments 35,401 43,247 30,431
billion in 2012. Other Assets 781 746 712
Brief History: Operating in the cable industry, the com-
Liabilities 936,368 832,877 1,054,421
pany was established on November 9, 1970. Commercial oper- Current Liabilities 923,585 818,847 1,043,363
ations began on October 2, 1972 with technical assistance from of which
Furukawa Electric Co., Ltd. of Tokyo, Japan, and International Bank loans 500,487 383,646 500,000
Executive Corp. of New York, USA. The company made its de- Trade payables 368,281 383,644 499,378
Accrued expenses 2,707 2,870 5,910
but on the Jakarta Stock Exchange in 1982, and has sharehold-
Non-Current Liabilities 12,783 14,029 11,059
ings in a number of public and non public companies including
PT Tembaga Mulia Semanan, PT Supreme Alurodin, PT Setia Shareholders' Equity 519,253 654,045 707,611
Pratama Lestari Pelletizing, PT Supreme Decoluxe, PT Supreme Paid-up capital 205,583 205,583 205,583
Elektro Kontak, PT Furukawa Supreme Optical Cable. Paid-up capital
in excess of par value 7,751 7,751 7,751
To maintain its position in the forefront of the cable in-
Revaluation of fixed assets n.a n.a n.a
dustry, the company constantly upgrades and strengthens prod- Retained earnings (accumulated loss) 305,919 440,710 494,277
uct quality. The company was granted an ISO 9002 certificate
in 1994 and ISO 9001 certificate in 1997, reflecting its commit- Net Sales 3,363,728 3,542,885 3,751,042
ment and dedication to quality, design, and customer service. Cost of Goods Sold 3,099,838 3,216,769 3,478,401
Gross Profit 263,890 326,116 272,641
The company prioritizes good cooperation with the gov- Operating Expenses 112,880 128,343 129,341
ernment companies such as PLN (State Electricity Enterprise) Operating Profit 151,010 197,773 143,300
and TELKOM (State Telecommunication Corporation), as well Other Income (Expenses) (5,905) 26,903 1,859
as with agents, contractors and others. Also efforts to boostex- Profit (Loss) before Taxes 145,106 224,676 145,159
Comprehensive Profit (Loss) 109,826 169,742 104,962
ports are importance, since a large portion of input components
are purchased in dollars. Export destinations include Asia, Aus- Per Share Data (Rp)
tralia, Iran, Africa and Middle East Countries. Earnings (Loss) per Share 534 826 511
Production capacity has been expanded, and cable variet- Equity per Share 2,526 3,181 3,442
ies augmented to meet diverse consumer demand. Dividend per Share 170 250 150
Closing Price 3,125 4,050 4,400

Financial Ratios
PER (x) 5.85 4.91 8.62
PBV (x) 1.24 1.27 1.28
Dividend Payout (%) 31.82 30.28 29.38
Dividend Yield (%) 5.44 6.17 3.41

Current Ratio (x) 1.29 1.46 1.39

Debt to Equity (x) 1.80 1.27 1.49
Leverage Ratio (x) 0.64 0.56 0.60
Gross Profit Margin (x) 0.08 0.09 0.07
Operating Profit Margin (x) 0.04 0.06 0.04
Net Profit Margin (x) 0.03 0.05 0.03
Inventory Turnover (x) 15.34 14.90 11.62
Total Assets Turnover (x) 2.31 2.38 2.13
ROI (%) 7.54 11.42 5.96
Shareholders ROE (%) 21.15 25.95 14.83
PT Moda Sukma 29.67%
PT Tutulan Sukma 25.78% PER = 6,13x ; PBV = 1,07x (June 2014)
Financial Year: December 31
The Furukawa Electric Co. Ltd., Japan 11.81% Public Accountant: Kosasih, Nurdiyaman, Tjahjo & Rekan (2012);
Public 32.74% Doli, Bambang, Sulistiyanto, Dadang & Ali (2013)

414 Indonesian Capital Market Directory 2014

PT Supreme Cable Manufacturing & Commerce Tbk.
(Formerly PT Supreme Cable Manufacturing Corporation Tbk) Cables

Board of Commissioners Board of Directors

President Commissioner Erwin Suryo Rahardjo President Director Elly Soepono
Vice President Commissioner Takayuki Haseyama Directors Bayu Adiwijaya Soepono, Ir. Teddy Rustiadi,
Commissioner DR. Ir. Dewa Nyoman Adnyana Nicodemus M. Trisnadi

Number of Employees 938

No Type of Listing Listing Date Trading Date Number of Shares Total Listed
per Listing Shares
1 First Issue 20-Jul-82 20-Jul-82 4,800,000 4,800,000
2 Company Listing 20-Jan-89 20-Jan-89 11,200,000 16,000,000
3 Bonus Shares 24-May-89 24-May-89 3,200,000 19,200,000
4 Second Issue 31-May-89 31-May-89 5,800,000 25,000,000
5 Private Placement 30-Aug-91 30-Aug-91 5,000,000 30,000,000
6 Bonus Shares 01-Sep-92 01-Sep-92 6,000,000 36,000,000
7 Third Issue 22-Sep-92 22-Sep-92 9,685,200 45,685,200
8 Right Issue 24-Nov-95 24-Nov-95 22,842,600 68,527,800
9 Bonus Shares 25-Aug-97 25-Aug-97 137,055,600 205,583,400
Underwriters
PT (Persero) Danareksa, PT INDOVEST, PT MULTICOR

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 4,550 3,850 4,000 132.00 554.00 125 17 205,583,400 822,334.00
February-13 4,575 4,000 4,525 163.00 687.00 115 17 205,583,400 930,265.00
March-13 5,350 4,475 4,850 204.00 998.00 165 17 205,583,400 997,079.00
April-13 7,700 4,875 5,900 6,990.00 47,076.00 3,037 22 205,583,400 1,212,942.00
May-13 6,000 4,950 5,500 1,477.00 7,952.00 479 22 205,583,400 1,130,709.00
June-13 5,950 5,350 5,700 697.00 3,708.00 224 16 205,583,400 1,171,825.00
July-13 6,100 4,850 5,000 163.00 897.00 88 18 205,583,400 1,027,917.00
August-13 5,100 4,300 4,400 152.00 697.00 34 5 205,583,400 904,567.00
September-13 4,800 3,800 4,800 62.00 294.00 24 8 205,583,400 986,800.00
October-13 4,850 4,250 4,700 2,480.00 10,130.00 26 10 205,583,400 966,242.00
November-13 4,700 4,300 4,500 110.00 514.00 18 7 205,583,400 925,125.00
December-13 4,500 3,950 4,400 26.00 107.00 38 14 205,583,400 904,567.00
January-14 4,475 3,900 4,160 76.00 310.00 37 7 205,583,400 855,227.00
February-14 4,500 3,900 4,500 41.00 175.00 35 5 205,583,400 925,125.00
March-14 4,700 4,100 4,280 80.00 347.00 149 15 205,583,400 879,897.00
April-14 4,295 3,925 4,145 216.00 881.00 91 13 205,583,400 852,143.00
May-14 4,200 4,015 4,200 205.00 839.00 165 17 205,583,400 863,450.00
June-14 4,400 4,000 4,190 102.00 433.00 93 16 205,583,400 861,394.00

Stock Price and Traded Chart

Stock Price (Rp) Thousand Shares
7,000 250

6,000
200
5,000

150
4,000

3,000
100

2,000
50
1,000

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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 415