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Page 1
Public Expose
PT HEXINDO ADIPERKASA TBK




                    24 September 2024


                                   1
Page 2
DISCLAIMER
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.

                                                                                        2
Page 3
PROCEDURES FOR
QUESTION SUBMISSION

1. Question and Answer Session will be held
   after the delivery of the Public Expose
   virtual material by the relevant Director.

2. 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.

3. Answers will be delivered referred to the questions received timing (fifo)

4. If you do not write the name of the participant and institution (anonymous),
   then the moderator will not read the question.




                                                                                3
Page 4
Brief Company
Information
Sekilas Mengenai Hexindo
Page 5
           Established on           Hexindo has 840 million shares
            28 Nov 1988
                                                          Other
            Registered in                                 Public      HCM Japan
      Indonesia Stock Exchange                                     48,59%
          in February 1995                        5,07%

                                        HMAP Singapore
          Has more than 1800
         employee that spread                        25,05%   Itochu Japan
         throughout Indonesia



Business Line                    Rental and Trade-in                    Spare Parts &
       HE Sales                                                           Services
                                    Penyewaan
       Penjualan                     & trade in                        Suku cadang &
      Alat Berat                                                          Layanan

                                  Full Maintenance
                                       Contract                              Welding
      Remanufacture
      Remanufactur                                                          Pengelasan
                                      Kontrak
                                 Pemeliharaan Penuh
                                                                                  5
Page 6
Our Network
   Jaringan Kami




             6
Page 7
Top
Management
Jajaran Top Manajemen
Page 8
Board of Directors




                     8
Page 9
Board of Commissioners




                         9
Page 10
Corporate
Awards
Page 11
Awards



▪   Accolade for an increasing financial performance portfolio in the last five years, up to March 2023 by
    becoming a constituent of the TEMPO-IDN Financial 52 Index in the category of "High Dividend“
    [June2023]
▪   Program for Preventing and Mitigating HIV AIDS at Workplace (Platinum Category) [Jun2023]

▪   Accolade as Top 50 Issuers with Mid-Market Capitalization, IIDC [Sep2023]

▪   The Indonesia Safety Excellence Award (ISEA) 2023 as The Best HSE Innovation Based on Technology
    Excellence Learning on Safety and The Best Leadership on Safety Culture [Oct2023]

▪   2023 Best Company Nomination Award for Medium-Scale Domestic Capital Company Category
    [Nov2023]

▪   The 2023 Mitra Bakti Husada Award in the Office K3 category and the Healthy Productive Women Worker
    Movement (GP2SP) [Dec2023]

▪   Blue Predicate Award for Quality, OHS, Environment & Energy Management System Work Achievement in
    2023 at KIDECO Site [Feb2024] & many more …..                                               11
Page 12
Our Financial
Performances
Ikhtisar Kinerja - Finansial
Page 13
                                      Financial Performances
                                                                              (dalam ribuan AS$, kecuali dinyatakan lain)
                                                                          (In thousands of US$, unless otherwise stated)
Uraian                                FY2023    FY2022
                                                    1stH FY22
                                                          FY2021        FY2020    FY2019    FY2018                Description
Penjualan Bersih                      612.326   630.495       463.263   264.010   424.431   461.333            Net Revenues
Laba Kotor                            138.378   124.965       116.401    69.464   107.900    96.522              Gross Profit
Laba Usaha                             77.214    70.126        69.494    32.981    53.548    50.519          Operating Profit
Marjin Laba Kotor                      23%       20%           25%       26%       25%       21%         Gross Profit Margin


Laba Bersih                            55.712    51.620        55.083    25.597    38.437    37.600               Net Income
Laba Bersih per Saham                 0.066     0.061     -   0.066     0,030     0,046       0,045 Net Earnings per Share


Jumlah Aktiva                         409.432   463.332       304.648   256.230   266.023   346.312              Total Assets
Aktiva Lancar                         343.007   403.744       260.977   214.360   224.443   303.731           Current Assets
Aktiva Tidak Lancar                    66.424    59.588        43.671    41.870    41.580    42.581        Non Current Asset
Jumlah Kewajiban                      230.247   297.572       144.945    81.911    87.696   177.023           Total Liabilities
Kewajiban Lancar                      215.256   284.201       133.011    70.398    77.656   165.874        Current Liabilities
Ekuitas                               179.185   165.761       159.703   174.319   178.327   169.289                     Equity
Total liabilitis & Ekuitas            409.432   463.332       304.648   256.230   266.023   346.312 Total Liabilities & Equity
Total Modal Kerja                     127.751   119.543       127.966   143.962   146.787   137.857    Total Working Capital
*FY starts from 1 Aprril - 31 March

                                                                                                                         13
Page 14
Net Revenue, Gross Profit & Profit of the Year
700.000
            612.326
600.000

                          630.495
500.000


400.000   97%
300.000                             111%
                                                          108%
200.000
                               138.378 124.965
100.000                                            55.712    51.620

KUSD 0

                Revenue         Gross Profit     Profit for the Year

                           FY2023      FY2022


                                FY2023 NET PROFIT            GROWTH
                                    KUSD55.712                   8%


                                                                       14
Page 15
       Operating Profit, Operating Expense
 90.000
            77.214
 80.000
                           110%                           111%
 70.000                                    63.134
                                                     56.080
 60.000
                             70.126
 50.000

 40.000

 30.000

 20.000

 10.000

KUSD   0

              Op. Profit                    Op. Expense

                      FY2023      FY2022


                           FY2023 OP. PROFIT              GROWTH
                              KUSD77.214                   10%



                                                                   15
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                  Net Revenue; Unit, Rental & Used Machines
450.000                419.726                              100.000                  92.992
400.000
             384.909                                         90.000
                                                             80.000
350.000                                                                   51%
300.000
                                   92%                       70.000
                                                             60.000
250.000                                                                     47.546
                                                             50.000
200.000
                                                             40.000
150.000                                              192%                                                      107%
                                                             30.000
100.000                                                      20.000
 50.000                                    13.701   7.130    10.000                                    3.169   2.968
   KUSD
      -                                                           -KUSD
                  Unit                      Rental & UM                         Unit                   Rental & UM

                         FY2023   FY2022                                         1stQ FY2024   1stQ FY2023


          Net revenues from unit was decreased
          around 8%, while rental & used                     Net revenues from unit was decreased almost
          machines sales indicated an increment              50%, while rental & used machines sales
          almost double against fiscal year 2022.            slightly increased around 8% in the 1st quarter
                                                             FY2024 against same period last year.




                                                                                                                       16
Page 17
            Net Revenue; Spare Parts, Service & Maintenance
140.000     128.301 133.226                                   35.000     82%
                                                                                        29.260
120.000                          96%                          30.000
                                                                                                                90%
                                                       121%                    24.108
100.000                                                       25.000
                                          85.415
 80.000                                            70.413     20.000                                 16.680    18.612

 60.000                                                       15.000

 40.000                                                       10.000

 20.000                                                        5.000
   KUSD
     -                                                               -
                 Part               Service & Maintenance     KUSD                 Part             Service & Maintenance

                        FY2023   FY2022                                            1stQ FY2024   1stQ FY2023


          Net revenues from part was decreased                Net revenues from part was decreased 18%
          around 4%, while revenues from service &            while service & maintenance sales also
          maintenance was improved over than                  decreased around 10% in the 1st quarter
          20%.                                                FY2024 against same period last year.




                                                                                                                        17
Page 18
      Financial Projection vs. Performance during 1stQ FY2024
 *Published on AR2023

                                        Realisasi              RKAP                     Pertumbuhan
             Uraian                    Realization              Target                     Growth                  Description
                                        FY 2023                FY 2024                       (%)
 Penghasilan neto (USD)                  612.326.209           572.874.229                   93,6                            Net revenues
 Laba bruto (USD)                        138.378.398           125.959.702                    91                          Gross profit
 Laba usaha (USD)                         77.214.295            58.484.722                   75,7                     Operating Profit
 Laba bersih (USD)                        55.711.878            44.067.878                   79,1                     Profit of the yesr

                                        1st Q FY2024 vs. 1st Q FY2023
160.000                    143.832                                    25.000
            16% of
140.000     annual                                                                                  19.634
            Target                                                    20.000
120.000                                                                                 15% of
                  91.502                                                                annual                                 14.181
100.000                                                               15.000                                      13% of
                                           17% of                                       Target
 80.000                                                                                                           annual
                                           annual                                           8.919                 Target
 60.000                                    Target                     10.000
                                                      34.007                                                          5.698
 40.000
                                             21.697                      5.000
 20.000

KUSD -                                                                    KUSD
                                                                            -
                        Revenue               Gross Profit                                   Op. Prorfit            Profit of the Year
                         1stQ FY2024   1stQ FY2023                               KUSD            1stQ FY2024   1stQ FY2023

                                                                                                                                         18
Page 19
                                                                      Asset, Liabilities & Equity
                          Current Asset

                                                          -15%
                                                                                          500.000
                                                                                                             409.432
 FY2023                             343.007
                                                                                          450.000

                                                           403.744
                                                                                          400.000                                 463.332
 FY2022                                                                                   350.000
                                                                                                                                                             297.572
                                                                                          300.000
      300.000   320.000   340.000     360.000   380.000    400.000     420.000
                                                                        KUSD
                                                                                          250.000
                                                                                                                                         230.247
                                                                                          200.000
                                                                                                                                                                       179.185   165.761
                                                                                          150.000
                  Non Current Asset
                                                                                          100.000
FY2023                                                               66.424
                                                                                           50.000

                    59.589                        11%                                          0
FY2022                                                                                                             Asset                           Liabilities             Equity

      56.000    58.000    60.000       62.000   64.000     66.000     KUSD
                                                                       KUSD
                                                                        68.000
                                                                                                                                         FY2023          FY2022


                   Current Liabilities                     -24%                                       Non Current Liabilities

FY2023                                                    215.256                FY2023                                                       14.991


                                                           284.201                                     13.371
                                                                                                                                  12%
FY2022                                                                           FY2022


          -     50.000    100.000     150.000   200.000    250.000     300.000
                                                                       KUSD           12.500        13.000    13.500   14.000   14.500    15.000    15.500

                                                                                                                                                                                    19
Page 20
Our Sales
Performances
Ikhtisar Kinerja - Penjualan
Page 21
                  Market Share – Excavator 6ton over



16.000
         FY2023                                                15.150                       25,0%
                 23,4%                    14.336                                  21,0%
14.000
                                                                                12.426      20,0%
12.000                           19,3%                                  18,8%

10.000                                              15,8%                                   15,0%

 8.000   7.174           6.662
                                                                                            10,0%
 6.000

 4.000
                                                                      2.847         2.614
                                               2.266                                        5,0%
             1.677           1.284
 2.000
  #
                                                                                            %

    0                                                                                       0,0%
          FY2019          FY2020            FY2021                FY2022         FY2023

                                 DEMAND     SALES           HAP MARKET SHARE




                                                                                                    20
Page 22
                              Sales Performance in FY2023

                                                         Unit      FY2023    FY2022      %
                                               EX 6tTonover          2.614     2.847     92%
                    FY2023                               ME           APR-JUL24
                                                                      265 498 53%
                            2847                         WL            33        53      62%
   3000
                 2614                              RGD DT              22        19     116%
   2500
                                               Bell ADT DT             33        30     110%
   2000                                        *in qty



   1500

   1000
                                         498
    500                            265
                                               33 53                 22 19             33 30
        0#
                   EX 6Ton          ME             WL                RGD DT       Bell ADT DT

                                          FY2023          FY2022

*Published onto AR/SR2023



                                                                                                21
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           Sales Performance EX >6Ton over during FY2023 &
                     1stQ FY2024 Comparison (unit)

           45%
           40%
                    FY2023FY2023 6Ton Over EX - Sales APR-JUL24
                         998                          Segment
                                                                                                                      1200

                                                                                                                      1000
           35%
           30%                                                                                                        800
                                               651                 619
           25%        38%                                                                                             600
           20%
           15%
                                               25%                                      324                           400
                                                                 24%
           10%
                                                                                                                      200
           5%                                                                         12%                22
           0%                                                                                                    1%   0#
               %
                        Agro           Construction          Forestry                 Mining          Others
                                                            QTY            Ratio


   Segment         1stQ FY24       1stQFY23
Agro                      199            160
                                                     250                                                      -8%
Construction              105            78                199
                                                     200                                       181
Forestry                  118            181                     160
Mining                     43            85          150
                                                                                        118
                                                                           105
Others                         4          7          100                         78                         85

Total                    469            511                                                            43
                                                     50
*in qty                                                                                                               4     7
                                                      0
                                                       #
                                                            Agro         Construction    Forestry      Mining         Others

                                                                            1stQ FY2024         1stQ FY2023                     22
Page 24
Business
Plan
Rencana Bisnis
Page 25
               Business Plan 2024 – New Product Launched
As one of the breakthroughs in the first semester of FY2024, we were just launching the newest
ZAXIS-7G series of hydraulic excavators in the 30-ton, 40 ton and 80-ton classes, that is ZX350H-
7G, ZX490LC-7G, and ZX890LCH-7G. Promoting the quality and durability of the unit, to meet the
needs for heavy equipment in Indonesia, especially in mining industry. "This latest series has a
number of advantages, including low fuel consumption & cost effective, ConSite Air solution
technology and the Aerial Angle system”.
                                          Media publishment of new
                                          product    launching   –
                                          through printed media &
                                          online media & social
                                          media as well. [Jul24]




                                          Special wrapping edition
                                          applied onto new ZX-7G
                                          launched on Aug24                                 23
Page 26
          Business Plan 2024 – New Foton Variant Launching
The addition of KBLI 45201-Car Repair is related to the Company's new business
activities that began in early 2024, namely the sale and rental of Foton-branded
truck products. Currently, sales are only made for customers who use trucks for use
at mining sites and other locations other than off-road use. For the sale and rental of
Foton trucks, the Company plans to develop its business by not only selling and
renting for off-road use, but also for on-road use.
The Company, which previously focused on the service of providing heavy
equipment units and spare parts, is supported by an after-sales service mechanism
specifically for Heavy Equipment, where heavy equipment unit repair services are
not classified in car repair activities in KBLI 45201 – Car Repair
The addition of KBLI 45201 – Car Repair is specifically intended to support after-
sales service for the sale of Foton truck units.




     Mining – on/off road        Forestry – on/off road          Transport– on road
    Off road 6x4, 8x4 truck         6x4, 8x4 truck              Available end of year   24
Page 27
Corporate
Social
Responsibility
Page 28
                         Education, Environment & Sanitation




The Inspiration Class and Donation of Books & Sports Equipment was held at Padang, Jakarta and     Hexindo donated a total of 325 seedlings to the
Berau cities. Hexindo donated a total of 3500 books and sports equipment to 10 schools.. Also      forest area and surrounding communities. At
participated our customer Semen Padang in the inspiration class at Padang city. [Oct2023]          Situ Gunung, Sukabumi. [Jan2024]




Renovation of communal sanitation facilitiy    Since 2021, Hexindo has been committed to improving the quality of sanitation in post-disaster areas
at densely populated residence at Kayu         including Central Sulawesi, West Sumatra and most recently, the construction of 2 sanitation
Manis, East Jakarta. [Aug2023]                 facilities in Kampung Awilarangan and Kampung Rawacina, Cianjur, West Java. These areas were
                                               affected by the earthquake in 2022. In addition, Hexindo also donated sanitation equipment as well
                                               as books and toys for the surrounding community. [Aug2024]                                   26
Page 29
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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