TINS Timah Tbk.

COMPANY REPORT : JANUARY 2019 As of 31 January 2019

Main Board Individual Index : 656.627
Industry Sector : Mining (2) Listed Shares : 7,447,753,454
Industry Sub Sector : Metal And Mineral Mining (23) Market Capitalization : 9,570,363,188,390
112 | 9.57T | 0.13% | 85.97%

80 | 4.55T | 0.22% | 84.43%

COMPANY HISTORY SHAREHOLDERS (December 2018)

Established Date : 17-Apr-1961 1. Indonesia Asahan Aluminium (Persero) 4,841,053,951 : 65.00%
Listing Date : 19-Oct-1995 (IPO Price: 2,900) 2. Public (<5%) 2,606,699,503 : 35.00%
Underwriter IPO :
PT Niaga Securities DIVIDEND ANNOUNCEMENT
PT Pentasena Arthasentosa Bonus Cash Recording Payment
F/I
Securities Administration Bureau : Year Shares Dividend Cum Date Ex Date Date Date
PT Edi Indonesia 1995 65.63 19-Apr-96 22-Apr-96 30-Apr-96 24-May-96 F
1996 92.76 21-Mar-97 24-Mar-97 3-Apr-97 28-Apr-97 F
BOARD OF COMMISSIONERS 1997 141.26 15-May-98 18-May-98 27-May-98 19-Jun-98 F
1. Fachry Ali *) 1998 409.08 5-Apr-99 6-Apr-99 14-Apr-99 11-May-99 F
2. Milawarma *) 1999 247.37 12-May-00 15-May-00 23-May-00 26-May-99 F
3. Rudy Suhendar 2000 118.93 8-Jun-01 11-Jun-01 14-Jun-01 28-Jun-01 I
4. Satriya Hari Prasetya 2000 118.93 23-Nov-01 26-Nov-01 29-Nov-01 13-Dec-01 F
5. Teuku Pribadi 2000 24.83 7-Jun-02 10-Jun-02 13-Jun-02 27-Jun-02 F
*) Independent Commissioners 2002 59.46 4-Jun-03 5-Jun-03 9-Jun-03 20-Jun-03 F
2002 6.43 4-Jun-03 5-Jun-03 9-Jun-03 20-Jun-03 F
BOARD OF DIRECTORS 2000 59.46 11-May-04 12-May-04 14-May-04 27-May-04 F
1. Mochtar Riza Pahlevi T 2003 67.79 7-Jun-04 8-Jun-04 10-Jun-04 23-Jun-04 F
2. Alwin Albar 2004 162.20 20-Jun-05 21-Jun-05 23-Jun-05 6-Jul-05 F
3. Emil Ermindra 2005 100.85 7-Jun-06 8-Jun-06 12-Jun-06 23-Jun-06 F
4. Muhammad Rizki 2006 206.78 11-May-07 14-May-07 16-May-07 31-May-07 I
5. Trenggono Sutioso 2007 1,772.88 17-Jul-08 18-Jul-08 22-Jul-08 6-Aug-08 F
2008 133.00 29-Jun-09 30-Jun-09 2-Jul-09 16-Jul-09 F
AUDIT COMMITTEE 2010 94.17 18-Jul-11 19-Jul-11 21-Jul-11 4-Aug-11 F
1. Milawarma 2011 89.09 10-May-12 11-May-12 15-May-12 30-May-12 F
2. Satriya Hari Prasetya 2012 42.87 10-May-13 13-May-13 15-May-13 29-May-13 F
3. Sri Suryaningsum 2013 544 : 261 16-Apr-14 17-Apr-14 22-Apr-14 7-May-14 BS
4. Wawan Gunawan 2013 56.29 16-Apr-14 17-Apr-14 22-Apr-14 7-May-14 F
2014 25.70 2-Apr-15 6-Apr-15 8-Apr-15 29-Apr-15 F
CORPORATE SECRETARY 2017 23.61 23-Apr-18 24-Apr-18 26-Apr-18 17-May-18 F
Amin Haris Sugiarto
ISSUED HISTORY
HEAD OFFICE Listing Trading
Jl. Jenderal Sudirman 51 No. Type of Listing Shares Date Date
Pangkal Pinang 33121 1. Negara RI (Series A) 1 19-Oct-95 0-Jan-00
2. Negara RI (Series B) (C/ L) 327,146,999 19-Oct-95 27-May-96
Phone : (021) 2352-8000; (0717) 425-8000 3. First Issue 50,330,000 19-Oct-95 19-Oct-95
Fax : (021) 2352-8080; (0717) 425-8080 4. First Issue (LN) 125,825,000 19-Oct-95 19-Oct-95
Homepage : www.astragraphia.co.id 5. Stock Split 4,529,718,000 8-Aug-08 8-Aug-08
Email : [email protected] 6. Bonus Shares 2,414,733,454 7-May-14 7-May-14
 TINS Timah Tbk.
TRADING ACTIVITIES
Closing Price* and Trading Volume
Timah Tbk. Closing Price Freq. Volume Value

Day
Closing Volume
Price* January 2015 - January 2019 (Mill. Sh) Month High Low Close (X) (Thou. Sh.) (Million Rp)
1,400 320 Jan-15 1,230 1,145 1,175 11,307 108,419 129,416 21
Feb-15 1,180 985 1,020 18,627 217,024 230,495 19
1,225 280 Mar-15 1,060 900 950 21,709 282,226 290,126 22
Apr-15 975 795 815 13,374 148,911 142,747 21
May-15 940 770 880 13,080 248,073 219,878 19
1,050 240
Jun-15 870 690 710 13,050 191,771 147,869 21
Jul-15 715 575 605 12,525 179,253 110,009 19
875 200
Aug-15 705 510 605 20,648 284,277 178,719 20
Sep-15 660 555 640 12,930 144,017 92,881 21
700 160
Oct-15 740 625 625 14,826 158,913 109,052 21
Nov-15 645 520 525 13,154 104,292 58,818 21
525 120 Dec-15 540 455 505 12,452 71,938 36,271 19

350 80 Jan-16 535 451 520 9,072 80,902 40,689 20

Feb-16 595 510 570 7,718 114,095 63,618 20
175 40 Mar-16 810 560 740 24,963 470,017 348,418 21
Apr-16 945 730 775 28,702 497,498 420,478 21
May-16 780 620 655 16,309 240,719 173,811 20
Jun-16 760 630 700 24,192 378,435 268,539 22
Jan-15 Jan-16 Jan-17 Jan-18 Jan-19
Jul-16 890 690 835 22,959 360,993 295,722 16
Aug-16 935 775 800 30,432 482,232 423,204 22
Sep-16 865 720 815 18,463 344,757 275,259 21
Closing Price*, Jakarta Composite Index (IHSG) and Oct-16 940 765 930 29,020 587,772 490,206 21
Mining Index Nov-16 1,285 900 1,205 71,056 1,274,959 1,416,797 22
January 2015 - January 2019 Dec-16 1,360 1,065 1,075 36,555 465,571 569,995 20
80%
Jan-17 1,185 970 970 34,926 380,543 409,534 21
60% Feb-17 1,145 940 990 29,655 355,455 369,636 19
Mar-17 1,045 915 995 39,575 468,278 457,523 22
40% 40.5% Apr-17 1,010 935 945 19,236 206,575 198,631 17
May-17 960 820 900 22,449 240,147 212,760 20
24.6% Jun-17 910 725 730 20,524 236,217 187,510 15
20%
Jul-17 850 700 805 36,924 467,479 359,552 21
7.1% Aug-17 1,020 775 955 58,125 881,195 781,514 22
-
Sep-17 980 795 815 44,298 508,520 455,313 19
Oct-17 880 800 820 34,390 387,421 323,672 22
-20%
Nov-17 950 820 850 37,992 547,834 493,918 22
Dec-17 855 750 775 20,393 174,153 137,364 18
-40%

Jan-18 1,125 775 1,050 61,659 1,010,776 974,443 22

-60% Feb-18 1,205 940 1,165 38,283 603,672 647,732 19
Mar-18 1,240 945 970 34,607 396,715 440,677 21
-80% Apr-18 1,160 965 1,025 41,245 529,862 565,433 21
Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 May-18 1,025 875 940 24,001 225,133 214,309 20
Jun-18 1,035 785 810 17,523 158,697 148,762 13
Jul-18 900 785 845 31,151 302,236 253,267 22
SHARES TRADED 2015 2016 2017 2018 Jan-19 Aug-18 875 750 780 21,421 178,509 146,452 21
Volume (Million Sh.) 2,139 5,298 4,854 4,373 1,325 Sep-18 795 700 745 27,428 263,656 193,984 19
Value (Billion Rp) 1,746 4,787 4,387 4,076 1,447 Oct-18 760 640 645 22,047 183,941 128,128 23
Frequency (Thou. X) 178 319 398 364 83 Nov-18 695 605 625 21,104 204,475 134,449 21
Days 244 246 238 240 22 Dec-18 775 635 755 23,459 315,523 228,322 18

Price (Rupiah) Jan-19 1,375 700 1,285 83,363 1,325,233 1,447,130 22

High 1,230 1,360 1,185 1,240 1,375
Low 455 451 700 605 700
Close 505 1,075 775 755 1,285
Close* 505 1,075 775 755 1,285

PER (X) 37.03 118.54 11.49 16.50 28.09

PER Industry (X) 0.60 -4.41 6.26 -1.03 0.14
PBV (X) 0.70 1.52 0.95 0.89 1.52
* Adjusted price after corporate action
 TINS Timah Tbk.
Financial Data and Ratios Book End : December
Public Accountant : Tanudiredja, Wibisana & Partners

BALANCE SHEET Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 TOTAL ASSETS AND LIABILITIES (Bill. Rp)
(in Million Rp, except Par Value) Assets Liabilities
Cash & Cash Equivalents 346,495 497,472 563,804 1,357,490 778,636 13,750

Receivables 1,473,797 483,463 882,979 1,514,068 1,423,122

3,384,026 3,102,423 2,309,243 2,509,488 3,690,897 11,000
Inventories
Current Assets 6,552,176 5,444,199 5,237,907 6,996,966 8,053,295
8,250
Fixed Assets 2,017,066 2,224,368 2,221,103 2,462,393 2,837,795
Other Assets 15,820 1,018,350 100,318 123,157 220,788
5,500
Total Assets 9,752,477 9,279,683 9,548,631 11,876,309 13,550,641
Growth (%) -4.85% 2.90% 24.38% 14.10% 2,750

Current Liabilities 3,512,730 2,998,953 3,061,232 3,402,526 4,935,190 -

Long Term Liabilities 631,505 909,662 833,714 2,412,290 2,321,927 2014 2015 2016 2017 Sep-18
Total Liabilities 4,144,235 3,908,615 3,894,946 5,814,816 7,257,117
Growth (%) -5.69% -0.35% 49.29% 24.80%
TOTAL EQUITY (Bill. Rp)
Authorized Capital 500,000 500,000 500,000 500,000 500,000 6,294
6,061
Paid up Capital 372,388 372,388 372,388 372,388 372,388 6,294

5,608 5,654
5,371
Paid up Capital (Shares) 7,448 7,448 7,448 7,448 7,448
Par Value 50 50 50 50 50
5,010

Retained Earnings 5,186,704 5,170,616 5,391,972 5,818,852 5,898,551

5,608,242 5,371,068 5,653,685 6,061,493 6,293,524
3,726

Total Equity
Growth (%) -4.23% 5.26% 7.21% 3.83% 2,442

INCOME STATEMENTS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 1,158

Total Revenues 7,371,212 6,874,192 6,968,294 9,217,160 6,801,927

Growth (%) -6.74% 1.37% 32.27%
-126

2014 2015 2016 2017 Sep-18

Cost of Revenues 5,772,925 6,188,183 5,873,406 7,691,597 5,719,808

Gross Profit 1,598,287 686,009 1,094,888 1,525,563 1,082,119
TOTAL REVENUES (Bill. Rp)
Expenses (Income) - 517,846 679,918 809,352 705,513
Operating Profit - - 414,970 716,211 376,606 9,217

Growth (%) 72.59%

9,217

7,371
7,337
6,874 6,968 6,802
Other Income (Expenses) -575,185 - - - -
Income before Tax 1,023,102 168,163 414,970 716,211 376,606 5,457

Tax 345,734 66,602 131,921 207,297 124,229

Profit for the period 637,954 101,561 251,969 502,417 255,555 3,576

Growth (%) -84.08% 148.10% 99.40%

1,696

Period Attributable 637,968 101,583 251,832 502,430 255,545 -184

Comprehensive Income 638,699 1,062,657 313,093 483,358 407,877 2014 2015 2016 2017 Sep-18
Comprehensive Attributable 638,713 1,062,679 -107,420 483,371 407,867

RATIOS Dec-14 Dec-15 Dec-16 Dec-17 Sep-18 PROFIT FOR THE PERIOD (Bill. Rp)
Current Ratio (%) 186.53 181.54 171.10 205.64 163.18
638
Dividend (Rp) 25.70 - - 23.61 - 638

EPS (Rp) 85.66 13.64 33.81 67.46 34.31 502

BV (Rp) 753.01 721.17 759.11 813.87 845.02 508

DAR (X) 0.42 0.42 0.41 0.49 0.54

DER(X) 0.74 0.73 0.69 0.96 1.15
378

252 256
ROA (%) 6.54 1.09 2.64 4.23 1.89 248

ROE (%) 11.38 1.89 4.46 8.29 4.06

102
GPM (%) 21.68 9.98 15.71 16.55 15.91 117

OPM (%) - - 5.96 7.77 5.54

NPM (%) 8.65 1.48 3.62 5.45 3.76
-13

2014 2015 2016 2017 Sep-18

Payout Ratio (%) 30.00 - - 35.00 -
Yield (%) 2.09 - - 3.05 -

*US$ Rate (BI), Rp 12,436 13,794 13,436 13,548 14,929