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PUBLIC EXPOSE PT Wijaya Karya Bangunan Gedung Tbk
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Disclaimer
This presentation may contain forward-looking objectives and statements about WIKA Gedung's financial situation, operating
results, business activities and expansion strategy.
These objectives and statement are based on assumptions that are dependent upon significant risk and uncertainty factors
that may prove to be inexact. The information is valid only at the time of writing and WIKA Gedung does not assume any
obligation to update or revise the objectives on the basis of new information or future or other events, subject to applicable
regulations.
Additional information on the factors that could have an impact on WIKA Gedung’s financial result is contained in the
documents filed by the WIKA Gedung with the Financial Services Authority (OJK), Indonesia Stock Exchange (IDX) and
available on the WIKA Gedung’s website at www.wikagedung.co.id
By attending the meeting where this presentation is made, or by reading the presentation materials, you agree to be
bound by the following limitations.
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Table of Content
Company Overview 04
Project Update 10
Modular Update 14
Financial Update 25
ESG Initiatives 36
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Corporate Presentation Company Overview Copyright @2024 PT Wijaya Karya Bangunan Gedung Tbk All Rights Reserved 4
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Vision, Mission, Core Value
Vision Core Value
To be the preferred partner in creating
space for a better human life.
Trust, Competent, Harmonious
Loyal, Adaptive, Collaborative
Mission
• Quality in product and services. • Good corporate governance and
• Care for life. ethical business practices
• Key stakeholders engagement • Innovations to boost growth and value
creations.
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Board of Commissioner
TAUFAN JOSEPH SULI DANIS HIDAYAT
GESTORO PRAJOGO FATIMAH SUMADILAGA
Independent Commissioner serving
Independent Commissioner Commissioner Commissioner
as acting President Commissioner
Board of Director
BAGUS TRI DWI HADIAN HARTANTO TOMO
SETYANA PURNOMO PRAMUDITA KARTIRAHARJO DWIHASPUTRO
Director of Finance, Director of
Director of Operation I Director of Operation II President Director
HC and Risk Management QHSE and Marketing
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Core Business & Milestones
Off-site Building
Concession
Construction Construction
Backward Forward
• WEGE was • Focus on • Diversification • Consolidating
established as company • Public Listed • New Modular
a subsidiary of SBU Property Between DBG Company (IPO) Business
profitability and WEGE on November
WIKA based on
Deed No. 43 30,2017
dated October
24, 2008
2008 2012 2014 2016 2017 2018 7
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Company Ownership
Shareholders Structure Associates
PUBLIC
69,3 0,7% 30,0% 49%
%
Share
Outstanding 9.572.000.000
10%
Subsidiaries
90% 0,61%
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Market Coverage
WEGE has experience in different types of building construction
54,39 T
total contract value
393
total projects
Project Residential Office Public Facilities Commercial Owner Private Government SOE Ekstern/ Ekstern Intern
Type 40,95% 17,43% 28,46% 13,16% Type 45,41% 29,86% 24,73% Intern 92,33% 7,67%
from the company's establishment in October 2008
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Corporate Presentation Project Update Copyright @2024 PT Wijaya Karya Bangunan Gedung Tbk All Rights Reserved 10
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Project Update
WEGE Actively Contributes to National Development
Kemenkomarves 1 IKN Paspampres Flats IKN TNI Modular Housing IKN
Award
IDR 672 Billion IDR 1,63 Trillion IDR 125 Billion 2 MURI
Progress as of August 12, 2024 : 87,10% Progress as of August 7, 2024 : 65,78% Progress as of August 14, 2024 : 67,80%
Located in East Kalimantan Located in East Kalimantan Located in East Kalimantan
Owner of PUPR Owner of PUPR Owner of PUPR
Project target : October 2024 Project target : November 2024 Project target : November 2024
The project was obtained in 2022, implementing BIM The project was obtained in 2023, constructing of 9 The project was obtained in 2024, construction of 4
and Smart Building Systems towers, each with 12 floors, implementing BIM towers, each with 4 floors, and a mosque
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Concession & Investment
The concession business is a forward strategy that generates recurring income to support WEGE's revenue stream
De Braga by Artotel Graha Mantap Fave Hotel
Occupancy Jul 24 88.5% Occupancy Jul 24 100% Occupancy Jul 24 59.1%
Rate Jul 23 87.8% Rate Jul 23 90.8% Rate Jul 23 73.4%
Located in Braga No. 10, Braga Bandung Located in Menteng, Jakarta Located in Arteri, West Karawang
Scheme : BOT 25 Years Scheme : BOT 30 Years Property : Own by WEGE
Partner : PT Sarinah Partner : Bank Mandiri Taspen Partner : Fave Hotel
Operated since August 2018 Operated since April 2019 Operated since February 2020
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Corporate Presentation Modular Update Copyright @2024 PT Wijaya Karya Bangunan Gedung Tbk All Rights Reserved 13
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WEGE Modular
The modular construction system by WEGE has undergone a series of research and testing processes from various aspects, adhering to applicable
standards and thorough testing
ISO Standard Prefabrication High TKDN Value Has Copyright Has Passed Cyclic Testing from the Long Research Process
PUPR Research Institute
Modular construction produces 41-45% less CO2 compared to conventional
methods in building houses, according to a study by academics from the
University of Cambridge and Edinburgh Napier University.
Source : www.sillencehurn.co.uk, www.unlocknetzero.co.uk
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Modular Milestones
The modular business was established in 2018. Modular projects that have been obtained by WEGE
2018 2019 2020 2021 2022 2023 2024*
• Offices • Offices • Office & Gallery • Medical Center, • Office Sumbawa • Highrise • TNI Housing, IKN
Projects Labuan Bajo Mandalika Volumetric
Projects • Clinic Post • Worker Dormitory
• Halal Park GBK • Office & Gallery • Telkom & Dorna Disaster • Bathroom Pod (HPK 1), IKN
Banoa Bali Office, Mandalika
• Halal Park T3 • Pre-School • Offices Projects • Offices Projects
Airport • Covid-19 Hospital • TV Compound, Jakarta
• Fullbelly Suites,
Pulau Galang Mandalika
• Worker Dormitory Sentul
• Covid-19 Hospital • Pit Building, (HPK 1), IKN
Cempaka Putih Mandalika
• Covid-19 Hospital • Covid-19 Hospital
Simprug Asrama Haji
• Covid-19 Hospital • Covid-19 Hospital
Lamongan Tanjung Duren
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Modular Types & Processes
MOLI (Modular Lite) WG Flatpack Volumetric
Differentiation of Modular Types Modular Processes
MOLI (Modular Lite) WG Flatpack Volumetrik
Mainframe Steel SS400 Steel SS400 Steel SS400
Wall Sandwich panel Sandwich panel GRC Sandwich panel
Decoration - - ✓
Floor 1 floor 4 floor 10 - 12 floor Prefab Delivery Fondation Site Management Assemble
Dimension (p x l x t) 6,00 x 3,00 x 3,00 m 5,24 x 2,62 x 3,00 m 9,60 x 3,00 x 3,00 m
Area/Module 18,00 m2 13,72 m2 28,2 m2
Weight/Module ± 900 kg ± 1,5 ton ± 7 ton
Load Capacity 200 kg/m2 200 kg/m2 245 kg/m2
Ability to instal without Required heavy Required heavy
Installation
heavy equipment equipment (mobile crane) equipment (mobile crane)
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Long-Term Modular Plan
LOWRISE MODULAR MIDRISE MODULAR HIGHRISE MODULAR
2018-2021 2021-2025 2025-dst
PLAN
2018 2019 2020 2021 2022 2023 2024 2025 2026
WG Flatpack-1 WG Flatpack-2 & 3 Midrise Moli-1 Moli-2 Highrise Highrise
REALIZATION
Certification Copyrights Volumetric Prototyping & Copyrights Volumetric Volumetric
Prototyping & Prototyping & Prototyping & testing Prototyping & Bathroom Pod NZE Modular
testing testing testing testing Copyrights
Prototyping &
testing
LOWRISE MODULAR MIDRISE MODULAR HIGHRISE MODULAR
2018-2020 2020-2023 2023-dst
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Volumetric Modular
System for 1-12 floors
90% Fabrication
Quality Assured
Rapid Construction
Energy efficiency
Load testing Volumetric Module Prototype
Minimal waste & pollution
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Various Purposes for Modular Spaces
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Awards and Copyrights
WEGE has received MURI record awards and holds copyrights. The MURI record awards include: Modular Housing for TNI IKN, Construction
Worker Housing IKN, Pit Building Mandalika, Simprug Hospital, and Pertamina Jaya Hospital
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Volumetric Toiled Pod Modular
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New Product
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Corporate Presentation Financial Update Copyright @2024 PT Wijaya Karya Bangunan Gedung Tbk All Rights Reserved 23
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New Contract Achievement
As of July 2024, WEGE achieved New Contracts of IDR 1.21 trillion, an increase of 31% YoY, with the majority coming from the Government.
Carry Over project achievements amounting to IDR 7.46 trillion with a total Order Book of IDR 8.67 trillion.
Value
No Project Name
(Million)
20.49%
Construction 721,685 76,44%
76.44%
20,49%
37.46%
37,46%
1 BMKG InaTEWS Building 168,557
2
Construction of Substation Building Expansion
55,400
1,21 Tn 1,21 Tn
and Electrical Network - PT Bio Farma (Persero) Owner Type Project Type
12,92%
12.92%
Construction of Support Facilities Building TLT
3 109,431
Tower 1 - PT Telkom Landmark Towe 10,64%
10.64% 42,05%
42.05%
Construction of Affordable Housing Tower B
4 139,865 Government SOE Private O ce Commercial
Nuansa Cilangkap Residential Public Facilities
Construction of Oncology Center Building -
5 248,432
Ministry of Health
Modular 490,784 31% YoY
1 11 modular projects 490,784 7M23
Ri 1,21 Tn Ri 922,11Bn
7M24
Total New Contract - July 2024 1,212,469
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ffi
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New Contract Achievement
WEGE's independence as a subsidiary in obtaining building construction projects with various types of owners
Ekstern/Intern Project 0,00% 0.02%
0,02% 0,12%
0.12% 7.85%
7,85%
Intern
Ekstern
1,21 Tn 5,13 Tn 5,47 Tn 53,18 Tn
July 2024 2023 2022 2008-2023
92,15%
92.15%
100%
100.00% 99.98%
99,98% 99.88%
99,88%
Owner Type
8.06%
8,07%
Government 12.92%
12,92% 23.55%
23,55%
SOE 5,00%
5.00%
Private 37,44%
37.44%
10,64% 42,97%
10.64%
5,13 Tn
42.97%
5,47 Tn 46,36%
46.36% 53,18 Tn
1,21 Tn 2022 2008-2023
July 2024 2023
30.09%
30,09%
76,44%
76.44% 19.58%
19,58%
86,93%
86.93%
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Revenue Stream
Revenue declined YoY, but WEGE managed to achieve a higher Gross Profit Margin.
7,58% 6,97%
GPM GPM
1,26 Tn 1,48 Tn
91.10% 90.85%
1,38 Tn 90,33 Bn 1,62 Tn 118,01 Bn
2Q2024 6.54%
2Q2023 7.26%
32,52
2.36% Bn 30,65 Bn
1.89%
2,36% 1,89%
Construction Industry Concession
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Financial Performance
Equity (IDR Bn) Liabilities (IDR Bn) Asset (IDR Bn)
7.12% 9.09% 9.07% 0.72% 1.77 1.51 1.10 198.23% 193.20% 216.05%
1.14 1.17 202.75%
1.82% 0.69% 0.96 148.63% 145.50%
0.23 0.22 0.24 0.31 -4,75
1,58% 0.09 0.09 %
-10,5
2%
2,558.7 6,081.9 5,974.0
2,540.0 3,886.9 5,424.4 5,561.5 5,309.6
2,534.4 2,574.5 3,592.4 5,057.6
2,884.4 3,002.8
2,381.6 2,775.2 2,483.1
2,194.9
FY2020 FY2021 FY2022 FY2023 2Q2023 2Q2024 FY2020 FY2021 FY2022 FY2023 2Q2023 2Q2024 FY2020 FY2021 FY2022 FY2023 2Q2023 2Q2024
ROE (%) DER (x) Gearing Ratio (x) Current Ratio (%)
Gross Profit (IDR Bn) Net Profit (IDR Bn) Cash and Cash Equivalent (IDR Bn)
7.55% 8.54% 9.64% 7.62% 9.73%
5.56% 6.83% 567.74
1.17% 104.61 103.33
-597.87
7.58% 1.35%
1.08% -572.84
6.97% -775.99
-7,58 %
% 5,99
-38,
303.2 17%
270.5 216.4 230.3 1,508.0 1,467.9
212.1 228.1
156.4 1,036.4
18.6 916.3
113.2 104.6 17.5 480.7
297.3
46.5
2Q2023 2Q2024 FY2020 FY2021 FY2022 FY2023 2Q2023 2Q2024
FY2020 FY2021 FY2022 FY2023 2Q2023 2Q2024 FY2020 FY2021 FY2022 FY2023
GPM (%) NPM (%) Cash Flow Operating (IDR Bn)
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Company Dividend
25%
20% 20% 20%
10%
112.95
42.79 23.16
451.66
30.73
213.88 230.05
153.28 9.38
46.70
2019 2020 2021 2022 2023
Laba WEGE Dividen Dividen Payout Ratio (%) In Billion Rupiah
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Company Achievement & Target
456
Order Book 216 230
17.417
156
47 89
Order Book
14.505 Order Book
Order Book Order Book
13.425
12.945 13.016 Order Book
3,037 12.089
9,714 Burn Rate
30,85% 2,762 Burn Rate
Burn Rate 5,072 Burn Rate
805 36,26% 5,467
5,134 36,19% 33,11%
Burn Rate 396
24,36% 1,525 Burn Rate 816
24,60%
724
11,468 835
10,183
4,567
7,703 3,980 8,353
7,549 6,955 3,630
2,810 3,168
2,366
2019 2020 2021 2022 2023 2024F
Carry Over New Contract Revenue Non JO Revenue JO Net Pro t In Billion Rupiah 29
fi
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2024 Capex Allocation
90,86 Bn
35.67%
254,71 Bn 75,00 Bn
82.54% 90,86 Bn
14,26 Bn
15.69%
163,85 Bn Investment 1,60 Bn
1.76%
64.33%
Capital Employed Investment Construction 4.0 Digital Transformation NZE
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Corporate Presentation ESG Initiatives Copyright @2024 PT Wijaya Karya Bangunan Gedung Tbk All Rights Reserved 31
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NZE Certification Program X
It is part of WEGE's sustainability program and efforts
1Q2025 2Q2025
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X
Collaboration with Parongpong Raw Lab and Saint Gobain Indonesia to
produce building materials made from waste
February 2024 33
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Research
by GIZ Germany
The Modular Fact Sheet on
WEGE related to emission
reduction was published on the
GIZ website in February 2024
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vv
Thank You
Gedung WIKA Tower 1, Lt.7-10,
Jl. DI Panjaitan No.Kav 9, RT 01 / RW 11,
Cipinang Cempedak, Kecamatan Jatinegara,
Kota Jakarta Timur, Jakarta
investorrelations@wikagedung.id
www.wikagedung.id
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Names mentioned 11 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Wijaya Karya Bangunan
p.1 ×12
unresolved
org
Financial Services Authority
p.2
unresolved
org
Indonesia Stock Exchange
p.2
unresolved
org
Bank Mandiri Taspen
p.12
unresolved
org
PT Telkom Landmark Towe
p.24
unresolved
org
Ministry of Health Modular
p.24
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