PTJayaPariSteelTbk.

Business

Steel

CompanyStatus

PMA

Underwriter

BAPINDO,PTMERINCORP,PTINDOVEST,PTMIFC

Shareholder
2000
NjooHariSunyot
G.MIron&SteelLtd.
GwieGunawan
JonathanStevensonsS.
AseanFerroTradingCo.Ltd.
PTModasaktiRahardjo
Public

2001
19.94%
17.22%
15.53%
15.50%
11.08%
6.19%
14.54%

NjooHariSunyoto
G.MIron&SteelLtd.
GwieGunawan
JonathanStevensonsS.
AseanFerroTradingCo.Ltd.
Public

19.94%
17.22%
15.50%
14.96%
13.33%
2.20%
16.85%

NjooHariSunyoto
G.MIron&SteelLtd.
JonathanStevensonsS.
AseanFerroTradingCo.Ltd.
TetsuroOkano
GwieGunawan
Public

2005
NjooHariSunyoto
G.MIron&SteelLtd.
JonathanStevensonsS.
AseanFerroTradingCo.Ltd.
TetsuroOkano
GwieGunawan
Public

2002
19.94%
17.22%
15.53%
15.50%
11.08%
20.73%

NjooHariSunyoto
G.MIron&SteelLtd.
GwieGunawan
JonathanStevensonsS.
AseanFerroTradingCo.Ltd.
Public

19.94%
17.22%
15.50%
14.96%
13.33%
2.20%
16.85%

NjooHariSunyoto
G.MIron&SteelLtd.
JonathanStevensonsS.
AseanFerroTradingCo.Ltd.
TetsuroOkano
FerrySudjono
GwieGunadiGunawan
Public

2006

2003
19.94%
17.22%
15.53%
15.50%
12.54%
19.27%

NjooHariSunyoto
G.MIron&SteelLtd.
JonathanStevensonsS.
AseanFerroTradingCo.Ltd.
TetsuroOkano
GwieGunawan
Public

19.94%
17.22%
15.50%
14.96%
13.33%
6.29%
2.20%
10.56%

InternationalMagnificentFortuneLimited
G.M.Iron&SteelLtd.
ViharaLimited
AseanFerroTradingCo.Ltd.
TetsuroOkano
GwieGunadiGunawan
Public

2007

2004
19.94%
17.22%
15.50%
13.56%
13.33%
2.20%
18.25%

NjooHariSunyoto
G.MIron&SteelLtd.
JonathanStevensonsS.
AseanFerroTradingCo.Ltd.
TetsuroOkano
GwieGunawan
Public

19.94%
17.22%
15.50%
14.96%
13.33%
2.20%
16.85%

InternationalMagnificentFortuneLimited
G.M.Iron&SteelLtd.
ViharaLimited
TetsuroOkano
GwieGunawan
Public

2008

19.94%
17.22%
15.50%
14.96%
13.33%
2.20%
16.85%

2009
35.70%
17.22%
15.50%
13.33%
2.20%
16.05%

Management & Number of Employees

Board of Commissioners

Board of Directors

Number of Employees

2000 President Commissioner

Commissioners

Gwie Gunawan
Ramelan, Puguh Sudrajat, Saiful Fuad

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak,
Gwie Gunato Gunawan, Hadi Sutjipto

343

2001 President Commissioner

Commissioners

Gwie Gunawan
Ramelan, Puguh Sudrajat, Saiful Fuad

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak,
Gwie Gunato Gunawan, Hadi Sutjipto

345

2002 President Commissioner

Commissioners

Gwie Gunawan
Drs. Syaefullah, AK,

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak, Gwie Gunato Gunawan,
Drs. Hadi Sutjipto

430

2003 President Commissioner

Commissioners

Gwie Gunawan
Drs. Syaefullah, AK, Drs. Saiful Fuad

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak, Gwie Gunato Gunawan,
Drs. Hadi Sutjipto

334

2004 President Commissioner

Commissioners

Gwie Gunawan
Drs. Syaefullah, AK, Drs. Saiful Fuad

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak, Gwie Gunato Gunawan,
Drs. Hadi Sutjipto

330

2005 President Commissioner

Commissioners

Gwie Gunawan
Drs. Syaefullah, AK, Drs. Saiful Fuad

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak, Gwie Gunato Gunawan,
Drs. Hadi Sutjipto

320

2006 President Commissioner

Commissioners

Gwie Gunawan
Drs. Syaefullah, AK, Drs. Saiful Fuad

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak, Gwie Gunato Gunawan,
Drs. Hadi Sutjipto

313

2007 President Commissioner

Commissioners

Gwie Gunawan
Drs. Syaefullah, AK, Drs. Saiful Fuad

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak, Gwie Gunato Gunawan,
Drs. Hadi Sutjipto

317

2008 President Commissioner

Commissioners

Gwie Gunawan
Drs. Syaefullah, AK, Drs. Saiful Fuad

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak, Gwie Gunato Gunawan,
Drs. Hadi Sutjipto

314

2009 President Commissioner

Commissioner

Gwie Gunawan
Drs. Syaefullah, AK

President Director
Directors

Gwie Gunadi Gunawan

Drs. Yurnalis Ilyas, Ak
Gwie Gunato Gunawan
Drs. Hadi Sutjipto

303

Total Assets
Current Assets
of which
Cash on hand and in banks
Cash and cash equivalents
Short-term investment
Trade receivables
Inventories
Time deposit
Receivable from affiliates
Non-current Assets
of which
Fixed Asset Net
Deffered Tax Assets-Net
Investments
Other Assets
Liabilities
Current Liabilities
of which
Bank loans
Bank borrowings
Short-term debts
Trade payables
Taxes payable
Accrued expenses
Current maturities of
long-term debt
Long-term Liabilities
of which
Bank borrowings
Non-Current Liabilities
Minority Interests in Subsidiaries
Shareholders' Equity
Paid-up capital
Paid-up capital
in excess of par value
Revaluation of fixed assets
Retained earnings (accumulated loss)

1998

1999

2000

145,063
86,304

120,246
66,656

66,994
13,875

25,756

1,239

962

(million rupiah)
2001

2002

2003

2004

2005

93,979
36,909

127,431
82,532

130,870
49,290

245,437
219,185

204,990
180,399

220

1,096

318

6,228
65,346

5,335
32,453

19,387
6,215

608
9,324

12,406
17,958

36,015
32,249

1,043
35,994

86,306
125,121

41,291
70,395

44,899

81,579

26,252

24,591

55,679

52,496

49,143

34,586

30,720

28,776

25,731

24,070

500
2,580

500
594

500
3,476

500
21,984

500
20

500
20

500
20

500
20

95,505
95,500

69,603
69,420

25,184
25,184

42,223
40,554

59,811
53,638

63,188
28,408

115,270
108,696

40,738
34,277

92,974

60,477

24,958

166

78

48,688
3,306

26,972
723

96,519
10,895

29,410
160

395

395

395

395

183

6,174

34,780

6,573

6,462

67,620
75,000

67,682
75,000

130,167
75,000

164,251
75,000

888

49,558
37,500

50,643
37,500

275

41,810
75,000

1,669

51,756
75,000

348

348

11,710

12,795

(33,538)

(23,592)

Net Sales
Cost of Good Sold
Gross Profit
Operating Expenses
Operating Profit
Other Income (Expenses)
Profit (Loss) before Taxes
Profit (Loss) after Taxes

117,839
90,055
27,784
13,932
13,851
(41,608)
(27,757)
(28,691)

87,880
78,608
9,272
7,822
1,450
(51)
1,398
1,221

126,722
117,642
9,080
12,303
(3,223)
(21,459)
(24,682)
(8,833)

94,887
78,573
16,315
11,007
5,308
10,118
15,426
9,946

Per Share Data (Rp)

Earnings (Loss) per Share
Equity per Share
Dividend per Share
Closing Price

(383)
661
175

16
675
475

(59)
279
150

66
345
90

106
451
n.a
130

80
451
n.a
395

417
868
n.a
900

227
1,095
80
800

Financial Ratios
PER (x)
PBV (x)
Dividend Payout (%)
Dividend Yield (%)

(0.46)
0.26
-

29.18
0.70
-

(2.55)
0.54
-

1.36
0.26
-

1.23
0.29
n.a
n.a

4.93
0.88
n.a
n.a

2.16
1.04
n.a
n.a

3.52
0.73
35.21
7.31

0.90
1.93
0.66
0.24
0.12
n.a.
2.77
0.81
(19.78)
(57.89)

0.96
1.37
0.58
0.11
0.02
0.01
12.65
0.73
1.02
2.41

0.55
0.60
0.38
0.07
n.a.
n.a.
12.62
1.89
(13.19)
(21.13)

0.91
0.82
0.45
0.17
n.a.
n.a.
4.38
1.01
10.58
19.22

1.54
0.88
0.47
0.13
0.08
0.06
6.79
1.99
12.45
23.46

1.74
0.93
0.48
0.14
0.09
0.05
5.95
1.89
9.19
17.77

2.02
0.89
0.47
0.21
0.18
0.16
2.41
1.55
25.46
48.00

5.26
0.25
0.20
0.16
0.13
0.09
4.52
1.84
16.63
20.75

1999
(17.11)
2.19
(25.42)
(104.26)

2000
(44.29)
(17.44)
44.20
(823.42)

2001
40.28
23.79
(25.12)
(212.60)

2002
35.60
30.65
166.67
59.49

2003
2.70
0.09
(2.04)
(24.19)

2004
87.54
92.32
53.27
419.63

2005
(16.48)
26.18
(0.60)
(45.45)

Current Ratio (x)

Debt to Equity (x)
Leverage Ratio (x)
Gross Profit Margin (x)
Operating Profit Margin (x)
Net Profit Margin (x)
Inventory Turnover (x)
Total Assets Turnover (x)
ROI (%)
ROE (%)

1
2
3
4

Growth (%)
Indicators
Total Asset
Share Holder's Equity
Net Sales/Revenue
Net Provit

1998

348

248

348

348
(7,728)
253,037
218,974
34,063
13,364
20,699
2,191
22,890
15,863

348

348

(7,666)

348

54,819

88,903

247,886
214,169
33,718
11,108
22,610
(4,358)
18,251
12,025

379,928
301,101
78,826
10,898
67,928
21,624
89,552
62,485

377,658
318,191
59,468
11,294
48,174
763
48,937
34,084

SUMMARY OF FINANCIAL STATEMENT

PT. Jaya Pari Steel Tbk. (JPRS)

TotalAssets
CurrentAssets
ofwhich
Cashandcashequivalents
Tradereceivables
Inventories
NonCurrentAssets
ofwhich
FixedAssetsNet
Investments
OtherAssets
Liabilities
CurrentLiabilities
ofwhich
Tradepayables
Taxespayable
Currentmaturities
oflongtermdebt
NonCurrentLiabilities

2006

(millionrupiah)
2007

2008

189,384
166,940

268,790
248,084

399,344
373,882

2,501
104,248
43,903
22,444

4,601
108,283
91,571
20,706

116,224
141,469
111,757
25,462

21,896
500
28

19,254
500
28

18,549
500
28

10,337
4,860

48,176
42,403

129,572
123,117

486
3,194

38,153
3,604

101,922
12,632

395
5,477

395
5,774

395
6,455

Shareholders'Equity
Paidupcapital
Paidupcapital
inexcessofparvalue
Retainedearnings(accumulatedloss)

179,048
75,000

220,614
75,000

269,771
75,000

348
103,700

348
145,266

348
194,423

NetSales
CostofGoodsSold
GrossProfit
OperatingExpenses
OperatingProfit(Loss)
OtherIncome(Expenses)
Profit(Loss)beforeTaxes
Profit(Loss)afterTaxes

340,210
286,459
53,752
14,030
39,722
(1,826)
37,896
26,796

432,808
362,804
70,004
14,504
55,500
3,660
59,160
41,566

732,703
617,319
115,384
17,033
98,351
(25,403)
72,948
49,158

PerShareData(Rp)
Earnings(Loss)perShare
EquityperShare
DividendperShare
ClosingPrice

36
1,194
9
1,590

55
1,471
n.a
355

66
1,798
n.a
166

FinancialRatios
PER(x)
PBV(x)
DividendPayout(%)
DividendYield(%)

44.50
1.33
25.19
0.75

6.41
0.24
n.a
n.a

2.53
0.09
n.a
n.a

CurrentRatio(x)
DebttoEquity(x)
LeverageRatio(x)
GrossProfitMargin(x)
OperatingProfitMargin(x)
NetProfitMargin(x)
InventoryTurnover(x)
TotalAssetsTurnover(x)
ROI(%)
ROE(%)

34.35
0.06
0.05
0.16
0.12
0.08
6.52
1.80
14.15
14.97

5.85
0.22
0.18
0.16
0.13
0.10
3.96
1.61
15.46
18.84

3.04
0.48
0.32
0.16
0.13
0.07
5.52
1.83
12.31
18.22

PER=45.14x;PBV=0.97x(June2009)
FinancialYear:December31
PublicAccountant:OsmanBingSatrio&Co.