Saturday, July 30, 2011

SMCB: H1/2011 Result

SMCB                       Date : 29-07-11
               Financial Performance (in billion Rp)
                          www.investdata.net
             
                           2011                        2010|         2009|
         29-07-11 ....Q2 ....Q1|....Q4 ....Q3 ....Q2 ....Q1|....Q4 ....Q3|
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Sales              3.539  1.681  5.960  4.287  2.852  1.369  5.943  4.159
COGS               2.294  1.094  3.711  2.670  1.845    867  3.694  2.645
Gross Marg         1.245    586  2.249  1.617  1.006    501  2.249  1.513
GM (%)                35     34     37     37     35     36     37     36
Opr Profit           725    330| 1.333    961    590    312| 1.398    903
OP (%)                20     19     22     22     20     22     23     21
Net Profit           457    209|   828    619    370    204|   895    566
NP (%)                12     12     13     14     12     14     15     13
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Stk Price   2.075  2.200  2.025| 2.250  2.425  2.175  2.075| 1.550  1.330
Book Value           926    917|   890    512    483    459|   432    391
PBV          2,24   2,38   2,21|  2,53   4,73   4,50   4,51|  3,58   3,40
DER                 0,49   0,51|  0,53   0,87   1,02   1,06|  1,19   1,42
---------- ------ ====== ------|------ ------ ====== ------|------ ------
ROE (%)               12     11|    12     21     20     23|    27     25
ROE (Qtr)             13     11     12     25     17     23     39     30
ROA (%)                8      7|     7     11      9     11|    12     10
Opr prof/share        94     43|   174    125     77     40|   182    117
EPS                   59     27|   108     80     48     26|   116     73
EPS (Qtr)             32     27|    27     32     21     26|    42     29
EPS (Annu)           119    109|   108    107     96    106|   116     98
PER         17,40  18,44  18,56| 20,81  22,50  22,50  19,40| 13,26  13,49
PER (Qtr)   16,02  17,00  18,56| 20,62  18,66  25,18  19,40|  9,02  11,30
---------- ------ ====== ------|------ ------ ====== ------|------ ------
COP (year)  10,96  11,62  11,72  12,93  14,50  14,11  12,73   8,49   8,46
CLOP(year)  13,38  14,04  14,45  15,64  17,15  17,30  15,72  11,32  12,01
CLOP(Qtr)   12,31  12,92  14,45  14,01  14,83  18,35  15,72   8,00   6,28
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Sales Growth(%)       24     22      0      3
Op.Prof Growth(%)     22      6     -4      6
Net.Prof/EPS Grow     23      2     -7      9
PEG (<1)            0,79   9,24| -2,77   2,41
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Sales(Qtr)         1.857  1.681  1.673  1.434  1.483  1.369  1.784  2.103
COGS (Qtr)         1.199  1.094  1.041    824    978    867  1.048  1.288
Gross Marg(Qtr)      658    586    632    610    504    501    736    815
GM (%)                35     34     37     42     34     36     41     38
OP.PR (Qtr)          394    330    372    370    278    312    494    576
OP %                  21     19     22     25     18     22     27     27
NET.PR (Qtr)         247    209    209    249    165    204    329    225
NP %                  13     12     12     17     11     14     18     10
---------- ------ ====== ------|------ ------ ====== ------|------ ------
Asset             10.609 10.640|10.437  7.332  7.469  7.255| 7.265  7.277
Liability          3.512  3.611| 3.614  3.402  3.764  3.731| 3.950  4.276
Equity             7.096  7.028| 6.822  3.930  3.704  3.523| 3.314  3.001
Capitalis. 15.900 16.858 15.517|17.241 18.582 16.666 15.900|11.877 10.191
Share(mil)         7.662  7.662  7.662  7.662  7.662  7.662  7.662  7.662
---------- ------ ====== ------|------ ------ ====== ------|------ ------
 
See ERROR and OMISSION


- http://www.investdata.net/QQFSMCB.TXT

Cement sector comparison:
Date: 29-07-11                        FINANCIAL RATIO COMPARISON
                                           Sector: CEMENT
                                           Ranked by: ROE
                                          www.investdata.net 
 
|-- ---- ------- --- --- --- ---- ---- --- ---------- ===--------- ===------ --------- ----------- ----------- ----- ------ --------
|  |    |       |(1) (2) (3)| (4)  (5)|(6)|    (7)   |     (10)   |   (8)   |   (9)   |(11)(12)(13|(14)(15)(16| (17)| (18) | MARKET|
|  |    | SALES |GRS OPR NET|         |ROA|    ROE   |     PER    |   COP   |   CLOP  |YoY GROWTH |Q2/Q1 GROWT|     | LAST |  CAP. |
|NO|STOC|bio Rp |MAR PRF PRF| PBV  DER|   |      |*LAST*|         |         |         |    OPR NET|    OPR NET| PEG |PRICE |bio Rp |
|  |    |mio USD| %   %   % |         |   | Q1 Q2|QUARTR|TDY Q2 Q1|TDY Q2 Q1|TDY Q2 Q1|SAL PRF PRF|SAL PRF PRF|     |      |mio Usd|
|-- ---- ------- === === === ==== ==== === === ---****** --- -- -- === -- -- === -- -- --- --- === --- *** *** =====|======|=======|
| 1 SMGR   7.605| 45  29  24| 4,4| 0,4| 20| 27  29|31 13|14| 15 15|12| 12 12|13| 13 13| 14  10| 15| 14  14| 15| 0,99| 9.450| 56.052|
| 2 INTP   6.331| 47  33  27| 4,1| 0,2| 20| 24  24|24 16|16| 18 17|13| 14 14|14| 15 14| 18   2|  5| 15  -1| -0| 3,02|15.450| 56.875|
| 3 SMCB   3.539| 35  20  12| 2,2| 0,5|  8| 11  12|13 16|17| 18 18|10| 11 11|13| 14 14| 24  22| 23| 10  19| 18| 0,74| 2.075| 15.900|
|-- ---- ------- === === === ==== ==== === === --- ====== -- -- -- === -- -- === -- -- --- --- === --- --- === =====|======|=======|
 
1. GRS MRG: Gross Margin to Sales (in %)
2. OPR PRF: Operating Profit to Sales (in %)
3. NET PRF: Net Profit to Sales (in %)
4. PBV: Stock Price to Book value
5. DER: Debt Equity Ratio
6. ROA: Return On Asset (in %)
7. ROE: Return On Equity (in %)
         QTR: ROE Quartely, using Most Recent Quarter's Net Profit
8. COP: Capitalisation to Operating Profit (in years)
9. CLOP: Capitalisation + Liability to Operating profit (in years)
10. PER: Price Earning Ratio
         QTR: PER using Most Recent Quarter's Net Profit
11. Sales Growth in % (Year on Year comparison)
12. Operating Profit Growth in % (YOY comparison)
13. Net Profit Growth in % - (YOY comparison)
14. Sales Growth in % - (Most Recent Quarter comparison)
15. Operating Profit Growth in % - (MRQ comparison)
16. Net Profit Growth in % - (MRQ comparison)
17. PEG = PER / Net Profit Growth

- http://www.investdata.net/QZB2CEM6.TXT

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