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Page 1
PUBLIC EXPOSE 2025
Page 2
          Agenda
          • Procedures for raise questions
          • Brief Company Information
          • Financial Performances
          • Non-Financial Performances
          • Question & Answer Session

DISCLAMER: This presentation is prepared solely and exclusively for invited parties for discussion purposes only. Neither this presentation nor its
contents may be reproduced, disclosed or used without the prior written consent of PT Hexindo Adiperkasa Tbk (the "Company"). The Company is
not responsible for all decisions made by investors or analysts based on the information presented in this presentation.
Page 3
Procedure in raising questions during PE
➢ Question and Answer Session will be held after the delivery of
  the Public Expose virtual material by the relevant Director

➢ In the Question-and-Answer Session, you will be given the
  opportunity to ask questions through the chat feature on MS.
  Team by writing the names of participants and institutions.

➢ Answers will be delivered referred to the questions received
  timing ( FIFO)

➢ If you do not write the name of the participant and institution
  (anonymous), then the moderator will not read the question.
Page 4
BRIEF COMPANY INFORMATION
Page 5
 To be a world class
 company in heavy
 equipment industry in
 Indonesia      through
 high quality of service                As of April 2025

 for the satisfaction of                18 Branch Office
                                                                            Business Line
                                        16 Project Office
 the stakeholders.                      18 Contact Office/ & Site Support
                                        as of Jun2025

• To be a reliable partner in heavy equipment services and a trusted expert to give best solution in
  products and services;
• To sustainably improve performance quality of employees in a conductive working environment as
  well as lead them to achieve better welfare;
• To present to the world a true contribution to public and nation’s welfare;
• To ensure a fixed financial yield and increasing growth for the interest of shareholders’ investment.
                                                                                                     1
Page 6
                                                     Hexindo has 840 million shares
                   Established on
                    28 Nov 1988                     Other Public
                                                                                    HCM Japan
                                                                                    48,59%
                      Registered in                                5,07%
                Indonesia Stock Exchange
                                                       HMAP
                    in February 1995
                                                     Singapore
                                                                     25,05%
           Has more than 1900 employee
         that spread throughout Indonesia                              Itochu Japan


Business Line                                                         Spare Parts & Services
                              Rental and Trade-in
     HE Sales

                                                                                 Welding
                              Full Maintenance Contract
 Remanufacturing

                                                                                                2
Page 7
          BOARD OF COMMISSIONER




TOTO WAHYUDIYANTO             HARRY DANUI
                                            3
Page 8
*exclude nonresident director
                                       BOARD OF DIRECTOR




T. KARAHASHI                    Y. ZAIZEN   DWI SWASONO   YOSHENDRI   N. HAGIWARA
                                                                               44
Page 9
AWARDS IN FY2024




                   5
Page 10
    AWARDS IN FY2024
Date                             Description fo Awards                                              Issuer

May-24   The highest award (Sapphire), as Indonesia’s Best Enterprise in Regulatory        Hukumonline Regulatory
         Compliance in the Trade (wholesale and retail)                                    Compliance Award 2024

         Penghargaan PROPER Peringkat Hijau Tingkat Provinsi untuk Wilayah               Governor of East Kalimantan
Jun-24
         PROPER Green Rating Award at the Provincial Level for the Balikpapan Office

         Platinum Category Award for the Workplace HIV & AIDS Prevention and
Jul-24                                                                                   Governor of East Kalimantan
         Control Program (P2HIV-AIDS) - Samarinda & Sangatta

         Platinum Category Award for the Workplace HIV & AIDS Prevention and
Aug-24                                                                                 Ministry of Manpower of Indonesia
         Control Program (P2HIV-AIDS) - Sangatta
Aug-24   Zero Accident Award - Sangatta & Bengalon                                     Ministry of Manpower of Indonesia

         Platinum Category Award for the Workplace HIV & AIDS Prevention and
Sep-24                                                                                 Ministry of Manpower of Indonesia
         Control Program (P2HIV-AIDS) at the Head Office Work Area

         Silver Category Award for the Workplace HIV & AIDS Prevention and
Sep-24                                                                                 Ministry of Manpower of Indonesia
         Control
Sep-24   Program (P2HIV-AIDS) at the Adaro Project Work Area                           Ministry of Manpower of Indonesia

                                                                                       Indonesian Institute for Corporate
Nov-24   Top 50 Mid Capitalization of Public Listed Companies
                                                                                              Directorship (IICD)

Feb-25   OHS Award - 1st Place in Fire Combat -Bengalon                                     PT Darma Henwa Tbk

Feb-25   OHSE-MS and Energy Performance (Green Rating) at Kideco Project                    PT Kideco Jaya Agung

                                                                                                                            6
Page 11
FINANCIAL PERFORMANCES
Page 12
IKHTISAR KEUANGAN
       FINANCIAL OUTLOOK                                                                  (dalam ribuan AS$, kecuali dinyatakan lain)
                                                                                      (In thousands of US$, unless otherwise stated)
Uraian                                1stQ FY2025   FY2024    FY2023    FY2022
                                                                            1stH FY22
                                                                                  FY2021         FY2020    FY2019             Description
Penjualan Bersih                         123.384    522.715   612.326   630.495        463.263   264.010   424.431         Net Revenues
Laba Kotor                                26.129    110.301   138.378   124.965        116.401    69.464   107.900           Gross Profit
Laba Usaha                                11.119     47.138    77.214    70.126         69.494    32.981    53.548       Operating Profit
Marjin Laba Kotor                        21%         21%       23%       20%            25%       26%       25%      Gross Profit Margin


Laba Bersih                                6.896     31.062    55.712    51.620         55.083    25.597    38.437            Net Income
Laba Bersih per Saham                    0.008      0.037     0.066     0.061     -    0.066     0,030     0,046 Net Earnings per Share


Jumlah Aktiva                            476.658    456.960   409.432   463.332        304.648   256.230   266.023           Total Assets
Aktiva Lancar                            416.904    395.101   343.007   403.744        260.977   214.360   224.443        Current Assets
Aktiva Tidak Lancar                       59.755     61.859    66.424    59.588         43.671    41.870    41.580     Non Current Asset
Jumlah Kewajiban                         298.702    285.899   230.247   297.572        144.945    81.911    87.696        Total Liabilities
Kewajiban Lancar                         280.728    267.951   215.256   284.201        133.011    70.398    77.656     Current Liabilities
Ekuitas                                  177.957    171.061   179.185   165.761        159.703   174.319   178.327                  Equity
Total liabilitis & Ekuitas 476.858                  456.960   409.432   463.332        304.648   256.230   266.023
                                                                                                                Total Liabilities & Equity
Total Modal Kerja                        136.176    127.150   127.751   119.543        127.966   143.962   146.787 Total Working Capital
*FY starts from 1 Aprril - 31 March



                                                                                                                                              7
Page 13
   Revenue & Gross Profit                               Operating Profit & Net Profit
                              FY2024   NET PROFIT
                                4thQ FY24  4thQ FY23   GROWTH                       4thQ FY24        4thQ FY23
700.000                                                  90.000
                    612.326                                                77.214
600.000   522.715               KUSD55.712              -44%
                                                         80.000
                                                         70.000
500.000                                                                                         55.712
                                                         60.000
                                                                  47.138             56%
400.000                               80%                50.000
300.000                                                  40.000                       31.062
                                                         30.000
200.000         85%               110.421
                                            138.378
                                                         20.000        61%
100.000                                                  10.000
      -                                                       -
               Revenue                 GP                           Op Profit           Net Profit




 Net revenues was decreased with                           Operating profit was decreased with
 85% achievement against same                              61% achievement against the same
 period of FY2023, Gross profit also                       period of FY2023, while net profit also
 decreased with 80% achievement as                         decreased with 56% achievement as
 of FY2024 against same period last                        of FY2024 against same period last
 year.                                                     year.

                                                                                                                 8
Page 14
    Revenues: Unit & Rental                                   Revenues: Part, Service &
                                                                   Maintenance
                              4thQ FY24       4thQ FY23
450.000
                    384.909                                                             4thQ FY24       4thQ FY23
400.000
                                                          140.000             128.301
350.000   317.694
                                                          120.000   107.931
300.000
250.000                                                   100.000                                   85.415
200.000
                                    107%                   80.000
                                                                                          82.418

150.000       83%                                          60.000
100.000
 50.000                         14.673    13.761
                                                           40.000   84%                      96%
                                                           20.000
      -
                                                                -
               Unit                 Rental
                                                                         Part             Service & Maint




  Revenues from unit was decreased                         Revenues from part was decreased
  with 83% achievement against same                        with 84% achievement against same
  period of FY23, Rental machines                          period    of   FY23,      Service &
  sales    increased     with  107%                        maintenance sales also decreased
  achievement as of FY2024 against                         with 96% achievement as of FY2024
  same period last year.                                   against same period last year.

                                                                                                                    9
Page 15
Revenue & Gross Profit                                                           1st Quarter FY2025

140.000
          123.384
                                                     Operating Profit & Net Profit
120.000
                                                                                    56%
100.000             91.502                                    11.119
                                                     12.000
 80.000                            120%              10.000
 60.000
            135%                                      8.000
                                                               158% 7.049             6.895
 40.000                          26.129     21.697    6.000                             121%5.698
 20.000

      -                                               4.000

             Revenue                   GP             2.000
               1stQ FY2025   1stQ FY2024                  -
                                                                Op Profit               Net Profit
                                                                   1stQ FY2025   1stQ FY2024
 Net revenues were significantly
 improved with 135% achievement                      Operating     profit  was     significantly
 against same period of FY2024,                      improved with 158% achievement
 Gross profit also same result with                  against the same period of FY2024, while
 120% achievement as of 1st Quarter                  net profit also improved with 121%
 FY2025 against same period last                     achievement as of 1st Quarter FY2025
 year.                                               against same period last year.

                                                                                                      10
Page 16
                                                                                 1st Quarter FY2025
 Revenues: Unit & Rental                                Revenues: Part, Service &
90.000   83.266
                                                             Maintenance
80.000
70.000
60.000                                              30.000
                  47.546
50.000                                                                24.108
                                                    25.000
40.000                                 73%                   18.994                  18.806
30.000   175%                                       20.000
                                                                                               16.680
20.000                                              15.000
10.000                             2.317    3.169            79%
     -
                                                    10.000                                113%
             Unit                   Rental & UM      5.000

                1stQ FY2025   1stQ FY2024                -
                                                                   Part              Service & Maint
                                                                   1stQ FY2025   1stQ FY2024
Revenues from unit was significantly
increased with 175% achievement                     Revenues from part was decreased
against same period of FY24, Rental                 with 79% achievement against same
machines sales was decreased with                   period    of   FY24,      Service &
73% achievement as of 1st Quarter                   maintenance sales increased with
FY2025 against same period last year.               113% achievement as of 1stQ FY2025
                                                    against same period last year.
                                                                                                        11
Page 17
                             FINANCIAL PERFORMANCES
                                      FY2024                1stQ FY2025     FY2025
     DESCRIPTION
                                Target     Audited Result   Unaudited     PROJECTION
Net Revenues                      572.874         522.715      123.384         609.865
Gross Profit                      125.960         110.301       26.129         116.683
Operating Profit                    58.485         47.138       11.119          51.477
Profit of the year                  44.068         31.062         6.896         34.976
                                 CAPITAL STRUCTURE
Current Liabilities               228.903        395.101        416.904        253.120
Non Current Liabitlities           15.130         61.859         59.755         17.947
Total Liabilties                  244.033        285.899        298.702        271.067
Total Equity                      179.592        171.061        177.957        183.785
Total Liabiltieis & Equity        423.626        456.960        476.858        454.852

                                                                                         12
Page 18
          Financial Projection vs. Performance during 1stQ FY2025

700.000
                       609.865
600.000
                                                        22% of Annual                 20% of Annual
500.000
                                                          Projection                    Projection
400.000

300.000

200.000                                                 60.000
             123.384                          116.683                     51.477
100.000                              26.129             50.000
      -                                                 40.000                                   34.976
                Revenue                   GP
                                                        30.000
              1stQ FY2025 Result   FY2025 Budget
                                                        20.000
                                   22% of Annual                 11.119
 20% of Annual                                          10.000                           6.896
   Projection                        Projection
                                                             -
                                                                   Op Profit               Net Profit
                                                                 1stQ FY2025 Result   FY2025 Budget

                                                                                                          13
Page 19
                                                   Asset, Liabilities & Equity
  1st Q FY2025 vs. FY2024
                                                                                                                  456.960
   600.000                                                                                      500.000
                                                                                                450.000 423.626             409.431
   500.000
                   476.658                              456.960                                 400.000
                                                                                                350.000                                   285.899
   400.000                                                                                      300.000
                                                                                                                                244.033          230.247
                         298.702                                  285.899                       250.000                                                              171.061
   300.000                                                                                      200.000                                                    179.592
                                                                                                                                                                               179.185
   200.000
                                   177.957                                  171.061             150.000
                                                                                                100.000
   100.000                                                                                       50.000
                                                                                                      0
         0                                                                                                   Total Asset              Total Liabilties          Total Equity
                      1stQ FY25 Result                      FY2024 Result
                                                                                                            FY2024 Budget             FY2024 Result         FY2023 Result
                     Total Asset         Total Liabilties     Total Equity
                                                                                                                        Total Asset             Total Liabilties Total Equity
KUSD                 1stQ FY25 Result FY2024 Result Difference                        %      FY2024 Budget                       423.626                   244.033             179.592
Total Asset                  476.658        456.960      19.698                        4,31% FY2024 Result                       456.960                   285.899             171.061
Total Liabilties             298.702        285.899      12.803                        4,48% FY2023 Result                       409.431                   230.247             179.185
Total Equity                 177.957        171.061        6.896                       4,03%
                                                                                                                                                                                     14
Page 20
NON-FINANCIAL PERFORMANCES
Page 21
                    Market Share – 6ton over Excavator
                         FY2020            FY2021           FY2022              FY2023             FY2024
        DEMAND            6.662            14.336             15.150             12.426            15.757
         SALES            1.284            2.266              2.847              2.614             2.597
    HAP MARKET SHARE      19,3%            15,8%              18,8%              21,0%             16,5%

18.000                                                                                                      25,0%
                                                                                          15.757
16.000                                      15.150
                         14.336                                            21,0%
                                                                                                            20,0%
14.000           19,3%                                18,8%       12.426
12.000                                                                                             16,5%
                                  15,8%                                                                     15,0%
10.000

 8.000
         6.662                                                                                              10,0%
 6.000

 4.000                                              2.847
                              2.266                                      2.614                 2.597        5,0%

 2.000       1.284

    0                                                                                                       0,0%
           FY2020          FY2021              FY2022                  FY2023               FY2024

                                  DEMAND      SALES           HAP MARKET SHARE

                                                                                                                    15
Page 22
   SALES           FY2023
          HIT EXCAVATOR 6TON OVER
                                   FY2024
                                                             FY2024 & 1stQ FY2025
    Sales
   Demand
                         2.614
                        12.426
                                      2.597
                                     15.757
                                                            SALES PERFORMANCES
     MS             21,0%        16,5%         SALES         1stQ FY24      1stQ FY25              Segment            1stQ FY2025                    Ratio
             HIT MINI EXCAVATOR
                                                     HIT EXCAVATOR 6TON OVER                 Agro                                            288               42%
    Sales                  265          249
                                                Sales                  469         691       Forestry                                        136               20%
   Demand                1.297        1.500
     MS             20,4%        16,6%         Demand                3.285       4.438       Construction                                    135               20%
              HIT WHEEL LOADER                   MS             14,3%        15,6%           Mining                                           70               10%
    Sales                   33           37                                                  Others                                           62                9%
                                                        HIT MINI EXCAVATOR
   Demand                  688        1.851                                                  Total                               691
     MS             4,8%          2,0%          Sales                   51          56
            HIT RIGID DUMP TRUCK               Demand                  350         329       45%                                                               350
                                                                                                     288
    Sales                   22            -      MS             14,6%        17,0%           40%
                                                                                                                          Sales Segment                        300
                                                                                             35%
   Demand                1.357        1.198               HIT WHEEL LOADER                   30%
                                                                                                                                                               250
                                                                                                    42%
     MS             1,6%          0,0%                                                       25%                                                               200

        BELL ARTICULATED DUMP TRUCK
                                                Sales                    7          14       20%
                                                                                                                136        135
                                                                                                                                                               150

    Sales                   33            3    Demand                  410         364       15%
                                                                                                               20%                           70      62        100
                                                                                             10%                           20%                            9%
   Demand                  530          315      MS              1,7%        3,8%             5%                                             10%
                                                                                                                                                               50

                                                                                              0%                                                               0
     MS             6,2%          1,0%                 HIT RIGID DUMP TRUCK                         Agro   Construction   Forestry       Mining    Others
Excavator 2024                                  Sales                    -           -                                     QTY       Ratio

Segment                     QTY    Ratio       Demand                  169         251
Agro                         1.022       38%
                                                 MS              0,0%        0,0%
Construction                   563       25%
Forestry                       542       24%
                                                  BELL ARTICULATED DUMP TRUCK
Mining                         326       12%    Sales                    -           -
Others (*incl. rental)         144        1%   Demand                 142               51
                             2.597               MS            0,0%           0,0%
                                                                                                                                                                     16
Page 23
                             Business Plan 2025
    Leasing Collaborations                      Expand Product Line-Up
Increase leasing partners that can support   In addition to Dump truck, forestry model,
Foton trucks and other products as well.     are expanding on-road  truckCollborations
                                                                 Leasing  sales (including
                                             modification), to capture the demand, EV
                                             demand is also increasing recently




                                                                                             17
Page 24
                            Business Plan 2025
                      1HY                                       2HY

      THCM BX100
      Shinrai Power
                                                   ▪ 30ton -7G Material
                                                     Handling spec
                                                   ▪ 50ton class Excavator
THCM BX100
Shinrai Power                                      ▪ EV Foton Truck

                                                                                      (*) FOTON
                            (*) ZX350LC-7G      (*) ZX550LC-7G
                                                                               8x4 EV Dump Truck
                            Material Handling

   ▪ HCMI brand 20ton         ZX200-5G
   Amphibious machine         Amphibious
   ▪ Economy breaker:
   Z-Breaker


New Breaker
: Z-Breaker                                     (*)Unveiling at Mining Indonesia Exhibition in Sep25 Q

                                                                                                         18
Page 25
Corporate Social Responsibility
Page 26
      Hexindo are committed aligning its CSR activities with UN SDG and HCM
        Japan Sustainability Initiatives. Referred to that, Hexindo conduct
         sustainable CSR program by engaging with stakeholders related.

                                                                    QUALITY                           PARTNERSHIP FOR GOALS
                      CLEAN WATER
                                                                                                            PROGRAM
                      & SANITATION                                 EDUCATION
                                                                                                     (ENVIRONMENTAL ASPECT)
                        PROGRAM                                    PROGRAM




                Goals:                                           Goals:                                     Goals:
  Support local communities of post              Delivering education facility and Inspire     Participate on the environmental
disaster area in providing clean water          students to reach their dreams by sharing      awareness and give an economic
         and proper sanitation                                 knowledges                              benefit to society
                                                               Initiatives:                                Initiatives:
                Initiatives:
                                                 Book & basket infrastructure donation       Plantation activity and Provide learning
Provide sanitation facility (toilet and water
                                                  and Inspiration Class by Top/Middle                 & education program
  tank) and conduct health seminar for
                                                             Management
                  citizens
                                                        Stakeholders Involved:                      Stakeholders Involved:
       Stakeholder Involved:                          Customer representatives and           NGO, local government to support seeds
     Local NGO to build facilities                       educational institution                     and facilitate seminar
                                                                                                                                        19
Page 27
The Inspiration Class and Donation of Books & Sports Equipment was held at Padang, Jakarta and Berau         Hexindo donated a total of 325 seedlings to the
cities. Hexindo donated a total of 3500 books and sports equipment to 10 schools.. Also participated our     forest area and surrounding communities. At
customer Semen Padang in the inspiration class at Padang city. [Oct2023]                                     Situ Gunung, Sukabumi. [Jan2024]




                                                      Since 2021, Hexindo has been committed to improving the quality of sanitation in post-disaster areas
Renovation of communal sanitation facilitiy at        including Central Sulawesi, West Sumatra and most recently, the construction of 2 sanitation facilities
densely populated residence at Kayu Manis, East       in Kampung Awilarangan and Kampung Rawacina, Cianjur, West Java. These areas were affected by
Jakarta. [Aug2023]                                    the earthquake in 2022. In addition, Hexindo also donated sanitation equipment as well as books and
                                                      toys for the surrounding community. [Aug2024]                                26                           20
Page 28
thank you
PT Hexindo Adiperkasa Tbk
Jakarta Industrial Estate, Jalan
Pulokambing II Kav.1-2 No. 33 Jakarta,
Indonesia 13930
Email: corporate@hexindo-tbk.co.id
www.hexindo-tbk.co.id

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linked org Hexindo Adiperkasa Tbk p.2 ×5
linked person TOTO WAHYUDIYANTO p.7
linked person HARRY DANUI p.7
linked person DWI SWASONO p.8
linked org Darma Henwa Tbk p.10 ×2
unresolved org Indonesia Stock Exchange p.6
unresolved org Ministry of Manpower of Indonesia Control Program p.10 ×2
unresolved org Ministry of Manpower of Indonesia Platinum Category Award p.10
unresolved org Ministry of Manpower of Indonesia Control Sep- p.10
unresolved org Ministry of Manpower of Indonesia Indonesian Institute p.10
unresolved org PT Kideco Jaya Agung p.10

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