JSMR Jasa Marga (Persero) Tbk.

COMPANY REPORT : JULY 2018 As of 31 July 2018

Main Board Individual Index : 276.565
Industry Sector : Infrastructure, Utilities & Transportation (7) Listed Shares : 7,257,871,200
Industry Sub Sector : Toll Road, Airport, Harbor And Allied Products (72) Market Capitalization : 34,039,415,928,000
31 | 34.0T | 0.51% | 64.87%

42 | 11.5T | 0.57% | 69.11%

COMPANY HISTORY SHAREHOLDERS (June 2018)

Established Date : 01-Mar-1978 1. Republic of Indonesia 5,080,509,840 : 70.00%
Listing Date : 12-Nov-2007 2. Public (<5%) 2,177,361,360 : 30.00%
Underwriter IPO :
PT Danareksa Sekuritas (Affilliated) DIVIDEND ANNOUNCEMENT
PT Bahana Securities (Affilliated) Bonus Cash Recording Payment
F/I
PT Mandiri Sekuritas (Affiliated) Year Shares Dividend Cum Date Ex Date Date Date
Securities Administration Bureau : 2007 14.31 21-May-08 22-May-08 26-May-08 29-May-08 F
PT Datindo Entrycom 2008 52.00 18-Jun-09 19-Jun-09 23-Jun-09 07-Jul-09 F
2009 87.91 28-Jun-10 29-Jun-10 01-Jul-10 15-Jul-10 F
BOARD OF COMMISSIONERS 2010 105.69 06-Jul-11 07-Jul-11 11-Jul-11 13-Jul-11 F
1. Refly Harun *) 2011 78.88 04-Jun-12 05-Jun-12 07-Jun-12 21-Jun-12 F
2. Agus Suharyono 2012 94.24 29-May-13 30-May-13 03-Jun-13 18-Jun-13 F
3. Boediarso Teguh Widodo 2013 78.61 04-Apr-14 07-Apr-14 10-Apr-14 23-Apr-14 F
4. Muhammad Sapta Murti 2015 43.13 06-Apr-16 07-Apr-16 11-Apr-16 29-Apr-16 F
5. Sugihardjo 2016 78.09 22-Mar-17 23-Mar-17 27-Mar-17 13-Apr-17 F
6. Vincentius Sonny Loho *) 2017 60.63 17-Apr-18 18-Apr-18 20-Apr-18 11-May-18 F
*) Independent Commissioners
ISSUED HISTORY
BOARD OF DIRECTORS Listing Trading
1. Desi Arryani No. Type of Listing Shares Date Date
2. Donny Arsal 1. First Issue 2,040,000,000 12-Nov-07 12-Nov-07
3. Hassanudin 2. Negara RI (Series A) 1 12-Nov-07 12-Nov-07
4. Kushartanto Koeswiranto 3. Company Listing 4,759,999,999 12-Nov-07 10-May-08
5. Mohammad Sofyan 4. Right Issue I 8,326,610 07-Dec-16 07-Dec-16
6. Subakti Syukur 5. Right Issue I 12,081,825 08-Dec-16 08-Dec-16
6. Right Issue I 331,269,578 09-Dec-16 09-Dec-16
AUDIT COMMITTEE 7. Right Issue I 64,014,959 13-Dec-16 13-Dec-16
1. Sigit Widyawan 8. Right Issue I 34,740,139 14-Dec-16 14-Dec-16
2. Agita Widjajanto 9. Right Issue I 7,438,089 16-Dec-16 16-Dec-16
3. Teguh Indra Prasetyo

CORPORATE SECRETARY
Mohamad Agus Setiawan

HEAD OFFICE
Tol Taman Mini Indonesia Indah Plaza
Jakarta - 13550
Phone : (021) 841-3630; 841-3526
Fax : (021) 841-3540
Homepage : www.jasamarga.com
Email : [email protected]
[email protected]
 JSMR Jasa Marga (Persero) Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Jasa Marga (Persero) Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2014 - July 2018 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
7,200 64.0 Jan-14 5,450 4,400 5,175 32,974 182,407 906,070 20
Feb-14 5,525 4,975 5,375 30,448 196,866 1,037,649 20
6,300 56.0 Mar-14 6,025 4,750 6,000 31,058 234,470 1,337,548 20
Apr-14 6,175 5,700 5,900 31,308 206,360 1,240,359 20
May-14 6,175 5,850 5,875 21,239 110,940 669,436 18
5,400 48.0
Jun-14 6,050 5,800 5,975 22,644 90,733 540,393 21
Jul-14 6,500 5,925 6,425 30,588 211,439 1,322,874 18
4,500 40.0
Aug-14 6,625 6,100 6,200 32,799 94,443 594,250 20
Sep-14 6,475 6,150 6,450 23,935 106,343 677,115 22
3,600 32.0
Oct-14 6,450 5,825 6,350 30,188 197,573 1,217,762 23
Nov-14 7,075 6,325 6,750 25,934 202,949 1,345,264 20
2,700 24.0 Dec-14 7,050 6,675 7,050 28,826 94,777 653,785 20

1,800 16.0 Jan-15 7,250 6,925 7,200 27,993 127,295 896,176 21

Feb-15 7,225 6,900 7,100 29,950 129,358 914,804 19
900 8.0 Mar-15 7,200 6,975 7,200 30,454 144,110 1,022,917 22
Apr-15 7,200 5,950 6,200 35,427 198,482 1,328,552 21
May-15 6,600 6,000 6,475 31,326 126,120 799,480 19
Jun-15 7,000 5,275 5,475 45,083 161,045 943,906 21
Jan-14 Jan-15 Jan-16 Jan-17 Jan-18
Jul-15 6,075 5,400 5,725 31,791 124,582 722,452 19
Aug-15 5,750 4,810 5,150 34,465 98,686 519,567 20
Sep-15 5,400 4,680 4,825 34,158 119,965 617,427 21
Closing Price*, Jakarta Composite Index (IHSG) and Oct-15 5,625 4,750 4,840 51,457 194,115 1,001,768 21
Infrastructure, Utilities and Transportation Index Nov-15 5,200 4,500 4,500 42,147 166,593 812,075 21
January 2014 - July 2018 Dec-15 5,250 4,575 5,225 48,841 129,847 631,845 19
60%
Jan-16 6,075 4,995 5,750 38,605 209,808 1,185,959 20
50% Feb-16 6,250 5,200 5,300 52,098 236,731 1,357,849 20
Mar-16 5,700 5,200 5,400 46,990 151,782 828,299 21
40% Apr-16 5,575 5,250 5,450 29,037 77,850 418,771 21
37.2% May-16 5,525 5,200 5,400 29,713 72,265 386,407 20
30% Jun-16 5,575 4,990 5,275 38,948 100,784 533,131 22
Jul-16 5,650 5,125 5,325 32,745 110,641 599,531 16
Aug-16 5,675 4,810 4,860 54,852 250,495 1,298,317 22
20%
Sep-16 4,910 4,550 4,600 62,806 270,766 1,285,309 21
Oct-16 4,750 4,500 4,530 41,089 179,268 830,658 21
10% 9.9%
Nov-16 4,750 3,900 4,150 68,921 274,572 1,174,674 22
Dec-16 4,570 4,110 4,320 51,067 248,754 1,084,481 20
- -0.5%
Jan-17 4,390 4,150 4,220 39,547 102,208 433,704 21
-10% Feb-17 4,990 4,210 4,780 62,258 236,304 1,099,374 19
Mar-17 4,820 4,430 4,620 50,791 178,322 822,384 22
-20% Apr-17 4,740 4,400 4,640 37,316 142,206 654,218 17
Jan 14 Jan 15 Jan 16 Jan 17 Jan 18 May-17 5,250 4,550 5,250 43,430 226,129 1,110,351 20
Jun-17 5,450 4,980 5,350 23,197 141,013 732,293 15
Jul-17 5,850 5,150 5,850 37,302 157,391 849,540 21
SHARES TRADED 2014 2015 2016 2017 Jul-18 Aug-17 5,875 5,275 5,825 36,768 152,504 845,204 22
Volume (Million Sh.) 1,929 1,720 2,184 2,145 1,087 Sep-17 6,050 5,525 5,600 34,597 150,827 879,618 19
Value (Billion Rp) 11,543 10,211 10,983 11,579 5,595 Oct-17 6,600 5,625 6,500 36,807 252,664 1,553,162 22
Frequency (Thou. X) 342 443 547 479 357 Nov-17 6,775 6,200 6,375 38,593 205,028 1,336,196 22
Days 242 244 246 238 138 Dec-17 6,550 6,100 6,400 38,015 200,198 1,262,590 18

Price (Rupiah) Jan-18 6,600 5,550 5,700 66,716 264,506 1,600,964 22

High 7,075 7,250 6,250 6,775 6,600 Feb-18 5,850 5,225 5,350 50,268 186,586 1,035,437 19
Low 4,400 4,500 3,900 4,150 3,920 Mar-18 5,450 4,460 4,580 46,953 161,916 805,773 21
Close 7,050 5,225 4,320 6,400 4,690 Apr-18 4,750 4,180 4,370 38,866 112,981 516,113 21
Close* 7,034 5,213 4,320 6,400 4,690 May-18 4,460 3,920 4,450 56,851 129,551 549,491 20
Jun-18 4,750 4,120 4,180 40,678 90,957 409,914 13
PER (X) 34.16 24.51 18.04 23.37 16.28 Jul-18 5,275 4,000 4,690 56,199 140,620 676,845 22
PER Industry (X) 20.04 9.49 8.16 16.02 12.90
PBV (X) 4.20 2.87 2.26 2.53 1.76
* Adjusted price after corporate action
 JSMR Jasa Marga (Persero) Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Purwantono, Sungkoro & Surja (Member of Ernst & Young Global Limited)

BALANCE SHEET Dec-14 Dec-15 Dec-16 Dec-17 Jun-18 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(Million Rp except Par Value) Assets Liabilities
Cash & Cash Equivalents 3,290,784 3,323,221 4,124,886 6,873,021 4,576,214 87,500

Receivables 148,829 164,374 8,278,539 11,547,364 8,263,905

- 20,154 86,975 134,245 173,058 70,000
Inventories
Current Assets 3,641,372 3,729,047 12,965,884 18,987,065 13,482,731
52,500
Fixed Assets 701,727 913,843 884,666 1,035,922 651,953
Other Assets 121,561 1,007,135 882,977 584,614 743,294
35,000
Total Assets 31,857,948 36,724,982 53,500,323 79,192,773 87,475,313
Growth (%) 15.28% 45.68% 48.02% 10.46% 17,500

Current Liabilities 4,312,917 7,743,787 18,626,989 24,997,940 33,177,112 -

Long Term Liabilities 16,120,036 16,612,531 18,534,494 35,835,393 34,996,547 2014 2015 2016 2017 Jun-18
Total Liabilities 20,432,952 24,356,318 37,161,483 60,833,333 68,173,659
Growth (%) 19.20% 52.57% 63.70% 12.07%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 9,520,000 9,520,000 9,520,000 9,520,000 9,520,000 19,302
18,359
Paid up Capital 3,400,000 3,400,000 3,628,936 3,628,936 3,628,936 19,302

16,339
Paid up Capital (Shares) 6,800 6,800 7,258 7,258 7,258
Par Value 500 500 500 500 500
15,364

12,369
Retained Earnings 4,009,692 4,895,330 6,491,367 8,124,829 8,730,398 11,425

11,424,996 12,368,664 16,338,840 18,359,440 19,301,654

11,427

Total Equity
Growth (%) 8.26% 32.10% 12.37% 5.13% 7,489

INCOME STATEMENTS Dec-14 Dec-15 Dec-16 Dec-17 Jun-18 3,552

Total Revenues 9,175,319 9,848,242 16,661,403 35,092,196 18,660,629

Growth (%) 7.33% 69.18% 110.62%
-386

2014 2015 2016 2017 Jun-18

Cost of Revenues - 5,720,422 11,805,012 29,784,309 15,776,171

Gross Profit - 4,127,820 4,856,391 5,307,887 2,884,457
TOTAL REVENUES (Bill. Rp)
Expenses (Income) 6,131,283 650,155 690,884 659,807 486,509
Operating Profit 3,044,036 3,477,665 4,165,507 4,648,080 2,397,949 35,092

Growth (%) 14.25% 19.78% 11.58%

35,092

27,933

Other Income (Expenses) -1,222,062 -1,409,361 -1,515,828 -1,156,796 -1,067,319

Income before Tax 1,821,974 2,068,304 2,649,679 3,250,452 1,330,629 18,661
16,661
20,775

Tax 606,642 749,104 846,625 1,156,796 360,201

Profit for the period 1,215,332 1,319,201 1,803,054 2,093,656 970,429 13,616

9,175 9,848
Growth (%) 8.55% 36.68% 16.12%
6,457

Period Attributable 1,403,428 1,449,327 1,770,726 1,988,011 1,045,620 -702

Comprehensive Income 1,215,847 1,302,378 1,684,225 2,093,656 869,054 2014 2015 2016 2017 Jun-18
Comprehensive Attributable 1,403,944 1,466,382 1,889,313 2,200,256 944,246

RATIOS Dec-14 Dec-15 Dec-16 Dec-17 Jun-18 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 84.43 48.16 69.61 75.95 40.64
2,094
Dividend (Rp) - 43.13 78.09 60.63 - 2,094

1,803
EPS (Rp) 206.39 213.14 243.97 273.91 144.07
BV (Rp) 1,680.15 1,818.92 2,251.19 2,529.59 2,659.41 1,667

1,319
DAR (X) 0.64 0.66 0.69 0.77 0.78 1,215
DER(X) 1.79 1.97 2.27 3.31 3.53 970
1,239

ROA (%) 3.81 3.59 3.37 2.64 1.11 812

ROE (%) 10.64 10.67 11.04 11.40 5.03

GPM (%) - 41.91 29.15 15.13 15.46 385

OPM (%) 33.18 35.31 25.00 13.25 12.85

NPM (%) 13.25 13.40 10.82 5.97 5.20
-42

2014 2015 2016 2017 Jun-18

Payout Ratio (%) - 20.24 32.01 22.14 -
Yield (%) - 0.83 1.81 0.95 -