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Fact Sheet about PT Selamat Sempurna Tbk
❑ PT Selamat Sempurna Tbk is the flagship of ADR Group (Automotive Division)
❑ The largest filter manufacturer in the region
❑ The most comprehensive range of products
❑ Serve more filtration and radiator products than any other auto component company
❑ Exported to more than 125 countries worldwide
❑ Trademark Registration in more than 130 countries worldwide
❑ Approximately 90% of our revenue is recurring aftermarket revenue
❑ Strong Balance Sheet and Cash Flow
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Composition of Shareholders
Number of Shares Issued
Shareholders % Amount (IDR)
and Fully Paid
PT Adrindo Intiperkasa 2,910,392,136 50.54% 72,759,803,400
Others (each with ownership interest below 5%) 2,848,283,304 49.46% 71,207,082,600
Total 5,758,675,440 100.00% 143,966,886,000
Share Ownership
Number of Investors % Number of Shares %
October 31, 2023
Foreign Institutions 184 4.23% 1,666,729,946 28.94%
Local Institutions 62 1.42% 3,126,229,882 54.29%
Foreign Individuals 16 0.37% 4,538,360 0.08%
Local Individuals 4,090 93.98% 961,177,252 16.69%
Total 4,352 100.00% 5,758,675,440 100.00%
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Production Plant - Indonesia
Kapuk Plant (Radiator Facilities) Tangerang Plant (Filter Other Products & Subsidiaries)
▪ Filters: 96 millions pieces per year ▪ Radiators: 1.95 millions pieces per year
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GLOBAL BRAND “Trademark registration in more than 130 countries worldwide”
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Main Products
Other Products
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GLOBAL RANGE & TYPE “More than 7,000 part numbers for automotive and heavy duty applications”
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One Stop Shop for Thermal System & Filtration
▪ More than 7,000 part numbers available, radiators and filters.
▪ Automotive, Heavy Equipment, Marines, and Industrial
sectors for Japanese, European, and American applications.
▪ + 500 Filters & Radiators new part numbers every year.
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Thermal System Product Range
• Heavy Equipment & Industrial Radiators
• Automotive Radiators
(Copper Brass, Aluminum Plastic, All Aluminum)
• Condenser
• Intercooler
• Evaporator
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Filtration Product Range
• Automotive Filters
(Air, Oil, Fuel, Cabin, Transmission)
• Heavy Equipment & Industrial Filters
(Air, Oil, Fuel, Cabin, Hydraulic, Transmission,
Coolant, Separator, HEPA, EDM, Dust Collector)
• Clean Room Filters, HVAC Filters, & Home Appliances
(HEPA Filters, Air Purifier Filter, etc)
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AIR FILTERS OIL FILTERS FUEL FILTERS CABIN AIR FILTERS TRANSMISSION FILTERS
FUEL FILTER/WATER
COOLANT FILTERS HYDRAULIC FILTERS AIR/OIL SEPARATOR SEPARATOR EDM FILTERS
BATTERY COOLING
AIR PURIFIER FILTERS HVAC FILTERS AIR FILTERS
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Know Our Market – Main Heavy Equip. Range & Sub-Range
Range:
Construction Mining Agriculture Forestry Other Industry
Sub-Range (Equiptment Type):
Other
Construction Mining Agriculture Forestry Industry
Excavator/ Asphalt Excavator/ Articulated Tractor Skidder Forklift
Wheel Crane Dump Truck
Shovel Loader Finisher Shovel Dump Truck
Mini Skid Steer Combine Harvester Telescopic
Dozer Compaction Dragline
Excavator Wheel Loader Dozer Harvester
Grader Backhoe Loader Scraper Telescopic Grader Buncher
Backhoe Loader Drill
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Other Products
• Dump Trucks, Hoists, and Special Purpose Vehicles
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Other Products
• Fuel Tank • Exhaust System & Muffler
• Brake and Fuel Pipe
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Other Products
SAP - 415 SAP - 524 SAP - 743 SAP - 796
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HVAC / HEPA Filtrations
Automotive Building Air Ventilation Installation
Cabin Air Filters Supply HVAC Filters in Building, Factory, and Airports
Selling to store and online
Air Cleaner System Manufacturer & Filters Industrial
EDM Filters
Home Appliances Air/Oil Separators
Supply OE Air Filter in AHU Gas Turbine Filters
Supply OE Air Filter in Air Purifier Unit
Air Purifier Filters
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Filters for electric vehicle (EV)
Battery Electric Vehicle (BEV) Electric buses
Transmission
Transmission
Pre-filter
Cabin/HEPA Coolant filter Oil Filter Air Filter Separator Filter
Note : The Pictures are just for illustrative purposes.
Note : The type of filter used can be different for each brand and model of electric vehicle (EV). 17
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Filters for electric vehicle (EV)
Battery Cooling Air Filter
Plug-in Hybrid Electric Vehicle (PHEV)
Fuel Filter
Air Filter
Oil Filter
Cabin/HEPA
Note : The Pictures are just for illustrative purposes.
Note : The type of filter used can be different for each brand and model of electric vehicle (EV). 18
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Some Models of Electric Vehicles (EV) and Its Filters
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Some Models of Electric Vehicles (EV) and Its Filters
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List of OEM/OES
• ANTONIO CARRARO • HYUNDAI • NANNI DIESEL • YALE
• ATLAS COPCO • ISEKI • NISSAN • YANMAR
• BOMAG • ISUZU • SUBARU
• CARRIER • KATO • SUMITOMO
• CLARK • KOHLER • SUNWARD
• CNHI • KUBOTA • SUZUKI
• DAIHATSU • LIEBHERR • TAKEUCHI
• GEHL • MANITOU • TOYOTA
• HINO • MATHIEU • UD TRUCKS
• HITACHI • MAZDA • VESTAS
• HYSTER • MITSUBISHI • VOLVO
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Technical Assistance
Filters Radiators & Others
• 1984: Donaldson Company Inc., USA (PT Panata Jaya Mandiri) • 1979: Tokyo Radiators Mfg. Co. Ltd., Japan
(Radiator - PT Selamat Sempurna Tbk)
• 1985: Mahle Japan Limited, Japan
(formerly Tsuchiya Manufacturing Co. Ltd., Japan) • 1982: Usui Kokusai Sangyo Kaisha Ltd., Japan
(Brake Pipes - PT Selamat Sempurna Tbk)
• 1988: Tokyo Roki Co., Ltd., Japan (PT Selamat Sempurna Tbk)
• 1989: ShinMaywa Industrial Co. Ltd., Japan
(PT Hydraxle Perkasa)
• 2013: Sueyoshi Kogyo Co. Ltd., Japan
(Fuel Tank and Hydraulic Tank for Construction
Machinery - PT Selamat Sempurna Tbk)
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Structure of Company with the Subsidiaries and Associates
Holding :
BRADKE : BRADKE SYNERGIES SDN. BHD.
Manufacture :
PJM : PT PANATA JAYA MANDIRI
HP : PT HYDRAXLE PERKASA
TRSS : PT TOKYO RADIATOR SELAMAT SEMPURNA Distribution :
POSCO IJPC : PT POSCO INDONESIA JAKARTA PROCESSING CENTER PTC : PT PRAPAT TUNGGAL CIPTA
FILTON : FILTON INDUSTRIES SDN. BHD. CSR : PT CAHAYA SEJAHTERA RIAU
SOLCREST : SOLCREST PTY LTD.
Branches of PTC : POWERFIL : POWERFIL AUTOPARTS SDN. BHD.
JABODETABEK BS : BS ENTERPRISE SDN. BHD.
MAKASSAR, Sulawesi Selatan SS AUTO : S.S AUTO SDN. BHD.
MEDAN, Sumatra Utara SS A-Sabah : S.S AUTO (Sabah) SDN. BHD.
SURABAYA, Jawa Timur SF THAILAND : SURE FILTER THAILAND CO., LTD.
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30 Years of CAGR Sales
No. Year Net Sales No. Year Net Sales
1992 21 21 2013 2,382
1 1993 24 22 2014 2,633
2 1994 78 23 2015 2,803
3 1995 102 24 2016 2,880
4 1996 127 25 2017 3,340
5 1997 161 26 2018 3,933
6 1998 350 27 2019 3,936
7 1999 359 28 2020 3,234
8 2000 503 29 2021 4,163
9 2001 565 30 2022 4,894
10 2002 603
11 2003 638
12 2004 731
13 2005 862
14 2006 881
15 2007 1,064
16 2008 1,354
17 2009 1,375
18 2010 1,562
19 2011 2,072
20 2012 2,269
Dalam Miliar Rupiah
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30 Years of CAGR Net Income
No. Year Net Income* No. Year Net Income*
1992 0.3 21 2013 308
1 1993 1.3 22 2014 391
2 1994 5 23 2015 428
3 1995 7 24 2016 453
4 1996 18 25 2017 499
5 1997 25 26 2018 557
6 1998 54 27 2019 578
7 1999 40 28 2020 488
8 2000 59 29 2021 662
9 2001 55 30 2022 848
10 2002 40 *) attributable to owners of the parent entity
11 2003 48
12 2004 57
13 2005 66
14 2006 66
15 2007 80
16 2008 91
17 2009 133
18 2010 150
19 2011 212
20 2012 219
Amount in Billion Rupiah
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18 Years Consecutive Dividend Payment Growth
Total Total • Paid quarterly dividend since 2015 = 35 times
Book Net Income Payout Book Net Income Payout
No. Dividend No. Dividend • Increased annually for 18 years
Year (in Bio IDR) Ratio Year (in Bio IDR) Ratio
(in Bio IDR) (in Bio IDR) • Total Dividend paid since 1996 Rp4.61 Trilion
2004 25.97 57 45% 18 2022 518.04 848 61%
1 2005 32.47 66 49% 2023 460.69*) 695 66%
2 2006 41.08 66 62% 518
3 2007 57.59 80 72%
4 2008 86.38 91 94%
403
5 2009 129.57 133 98%
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6 2010 136.77 150 91% 334 340
7 2011 143.97 212 68% 299
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8 2012 151.17 219 69%
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9 2013 165.56 308 54%
151 166 180
10 2014 179.96 391 46%
130 137 144
11 2015 215.95 428 50%
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12 2016 266.34 453 59% 58
32 41
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13 2017 299.45 499 60%
14 2018 334.00 557 60%
15 2019 339.76 578 59%
04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22
16 2020 345.52 488 71% Dividend Distribution within year 2023: DIVIDEND POLICY, Dividend percentage of net income are:
Final Dividend For 2022 Financial Year : IDR 144 Bio on June 14, 2023 • Net income up to Rp 10 billion : 35% ;
17 2021 403.11 662 61% *) 1st Interim Dividend For 2023 Financial Year : IDR 144 Bio on May 24, 2023 • Net income above Rp 10 billion - Rp 30 billion : 40% ;
*) 2nd Interim Dividend For 2023 Financial Year : IDR 144 Bio on August 23, 2023 • Net income above Rp 30 billion : 45%.
*) 3rd Interim Dividend For 2023 Financial Year : IDR 173 Bio on November 22, 2023
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Summary Performance 9M 2023
9 Months Ended
Changes
30 September 2023
Net Sales IDR 3.764 T 3.13%
Profit for the Period* IDR 695 B 8.72%
EPS IDR 121 8.72%
* attributable to owners of the parent entity
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Comparative Financial Highlights
9 Months Ended Increase/ Compare Q to Y
Financial Highlights %
9M 2023 9M 2022 (Decrease) 9M 2023 2022
Net Sales 3,764 3,649 115 3% 3,764 4,894
Gross Profit 1,287 1,162 124 11% 1,287 1,605
Income from Operation 945 884 61 7% 945 1,174
Profit for the period attributable to:
Owners of the parent entity 695 639 56 9% 695 848
Non-controlling interests 71 66 5 7% 71 88
Current Asset 3,268 3,191 78 2% 3,268 3,122
Total Asset 4,525 4,385 140 3% 4,525 4,380
Current Liabilities 638 822 (184) (22%) 638 705
Total Liabilities 972 1,175 (203) (17%) 972 1,061
Equity attributable to:
Owners of the parent entity 3,141 2,805 336 12% 3,141 2,896
Non-controlling interests 412 405 7 2% 412 423
EPS 121 111 10 9% 121 147
Amount in Billion Rupiah except Earning per Share 28
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Financial Ratio
Compare Q to Q Compare Q to Y
Financial Ratio
9M 2023 9M 2022 9M 2023 2022
Net Sales Growth 3%
Total Asset Growth 3% 3%
Total Equity Growth 11% 7%
Gross Profit Margin 34% 32% 34% 33%
Operating Margin 25% 24% 25% 24%
Profit Margin* 18% 18% 18% 17%
Return on Assets 17% 16% 17% 21%
Return on Equity* 20% 20% 20% 26%
Total Debt / Total Assets 21% 27% 21% 24%
Total Debt / Total Equity 27% 37% 27% 32%
Current Ratio 512% 388% 512% 443%
*) attributable to owners of the parent entity 29
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Sales Performance 9M 2023 (9 Months Ended)
Sales (IDR) Increase/(Decrease)
Market
9M 2023 % 9M 2022 % IDR %
Domestic 1,519 40% 1,340 37% 179 13%
Overseas 2,245 60% 2,309 63% (64) (3%)
Total 3,764 100% 3,649 100% 115 3%
Sales (IDR) Increase/(Decrease)
Product
9M 2023 % 9M 2022 % IDR %
Filter 2,723 72% 2,576 71% 147 6%
Radiator 331 9% 406 11% (75) (19%)
Karoseri 271 7% 261 7% 10 4%
Distribusi 1,073 29% 1,000 27% 73 7%
Lainnya 180 5% 319 9% (139) (44%)
(Eliminasi) (814) (22%) (913) (25%) (99) (11%)
Total 3,764 100% 3,649 100% 115 3%
Amount in Billion Rupiah 30
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Sales by Geographical
9M 2023 9M 2022
Increase/
Geographical
(Decrease)
IDR % IDR %
Domestic 1,519 40% 1,340 37% 13%
Overseas
Asia 950 25% 946 26% 0.4%
America 531 14% 614 17% (14%)
Europe 420 11% 412 11% 2%
Australia 275 8% 271 7% 1%
Africa 69 2% 66 2% 5%
Total 3,764 100% 3,649 100% 3%
Dalam Miliar Rupiah 31
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Top 10 Export Destinations by Countries
(Sort by Sales 9M 2023 - in Bio IDR)
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FY 2023 Target
Visibility as to the market trend in 2023 remains limited
SALES due to the uncertainties regarding the macroeconomic
IDR 5% evolution in a context of high inflation and still rising
interest rates. As far as raw materials are concerned, in the
first nine months of 2023 prices relatively stable and as yet
there have been no signs of any inversion of the trend. As
for energy costs, volatility remains high and could
potentially intensify due to the new geo-political tensions.
NET PROFIT Assuming there are no factors that could cause a
IDR 10% deterioration of the macroeconomic scenario from today’s
levels, for 2023 the Company expects to see revenue
growth and an increase in profitability, in line with the
results reported for the first nine months of the year.
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Official Stores
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Thank You
Visit us at www.smsm.co.id
Follow us at @sakurafilter.indonesia
Disclaimer:
This presentation has been prepared by PT Selamat Sempurna Tbk independently and is circulated for the purpose of general information only. It is not intended for the specific person who may receive this presentation The information
in this presentation has been obtained from sources which we deem reliable. No warranty (expressed or implied) is made as to the accuracy or completeness of the information. All opinions and estimations included in this presentation
constitute our judgment as of this date and are subject to change without prior notice. We disclaim any responsibility or liability whatsoever arising which may be brought or suffered by any person as a result of acting in reliance upon
the whole or any part of the contents of this report and neither PT Selamat Sempurna Tbk and/or its affiliated companies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligent or
otherwise, in this report and any inaccuracy herein or omission here from which might otherwise arise.
Cautionary note on forward-looking statements:
This presentation may contain statements regarding the business of PT Selamat Sempurna Tbk (“The Company”) and its subsidiaries that are of a forward-looking nature and are therefore based on management's assumptions about
future developments. Forward-looking statements involve certain risks and uncertainties because they relate to future events. Actual results may vary materially from those targeted, expected or projected due to several factors.
Potential risks and uncertainties includes such factors as general economic conditions, foreign exchange fluctuations, interest rate changes, commodity price fluctuations and regulatory developments. The reader and/or listener is
cautioned to not unduly rely on these forward- looking statements. We do not undertake any duty to publish any update or revision of any forward-looking statements.
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