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FACT SHEET ABOUT PT SELAMAT SEMPURNA Tbk
❑ PT Selamat Sempurna Tbk is the flagship company 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 %
July 31, 2024
Foreign Institutions 169 2.67% 1,655,303,792 28.74%
Local Institutions 85 1.34% 3,125,052,936 54.27%
Foreign Individuals 15 0.24% 4,527,660 0.08%
Local Individuals 6,061 95.75% 973,791,052 16.91%
Total 6,330 100.00% 5,758,675,440 100.00%
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THE PRODUCTION PLANTS
2 production sites in Indonesia
Kapuk, Jakarta Province and
Tangerang, Banten Province
Kapuk Plant (Heat Exchange) Tangerang Plant (Filtration & Other Products)
▪ Radiators : 1.95 millions pieces per year ▪ Filters : 96 millions pieces per year 4
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MAIN PRODUCTS
OTHERS PRODUCTS
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ONE STOP SHOP FOR THERMAL SYTEM & FILTRATION
▪ Approx. 10,000 part numbers available, filters and radiator.
▪ Automotive, Commercials, Heavy Equipments, Marines
and Industrial sectors for American, European and Asian
applications.
▪ Approx. 300 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
Heavy Equipment & Industrial Filter Non-Engine Filter
(Air, Oil, Fuel, Cabin, Hydraulic, Transmission, Coolant, HVAC Filter, Air Purifier Filter, Gas Turbine Filter
Separator, HEPA, EDM, Dust Collector)
Automotive Filter
(Air, Oil, Fuel, Cabin, Transmission)
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FILTRATION PRODUCT TYPES
AIR FILTERS OIL FILTERS FUEL FILTERS CABIN AIR FILTERS
TRANSMISSION FILTERS COOLANT FILTERS HYDRAULIC FILTERS AIR/OIL SEPARATOR
FUEL FILTER/ EDM FILTER AIR PURIFIER FILTER HVAC FILTER
WATER SEPARATOR 9
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AIR PURIFIER FILTER & HVAC FILTER
Nowadays, the air pollution around the world harms our health. Breathing quality air is critical for good
health, especially indoors. Sakura HVAC Filters & Air Purifier Filters will ensure your indoor environment is
clean and provide ultimate protection to your health.
Air Purifier Filters HVAC Filters
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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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SALES OF HVAC FILTER [IN BIO IDR]
2020 - 1H 2024
492%
45%
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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).
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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).
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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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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/ Dump Truck Articulated Tractor Skidder Forklift
Wheel Crane
Shovel Loader Finisher Shovel Dump Truck
Dozer Compaction Mini Skid Steer Wheel Loader Dozer Dragline Combine Harvester Telescopic
Excavator Harvester
Grader Backhoe Loader Scraper Telescopic Grader Backhoe Loader Buncher
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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 & Fuel Pipe
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OTHER PRODUCTS
We spend most of our time indoors, where the air we breathe can
be up to 5 times more polluted than outdoors.
Sakura Air Purifier reduces the transmission of airborne viruses and
eliminate air pollutants at home, office and other indoor
environments.
SAP-415 SAP-524 SAP-743 SAP-796
(Room size 7 - 15 m2) (Room size 8 - 24 m2) (Room size 28 - 43 m2) (Room size 59 - 96 m2)
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LIST OF OEM/OES
• ANTONIO CARRARO • GENERAL MOTORS • LIUGONG • TAKEUCHI
• ATLAS COPCO • HINO • MANITOU • TOYOTA
• BELL • HITACHI • MATHIEU • UD TRUCKS
• BOMAG • HYSTER • MAZDA • VESTAS
• CARRIER • HYUNDAI • MITSUBISHI • VOLVO
• CLARK • ISEKI • NANNI DIESEL • YALE
• CNHI • ISUZU • NISSAN • YANMAR
• DAIHATSU • KATO • SUBARU
• DFSK • KOHLER • SUMITOMO
• Doosan • KUBOTA • SUNWARD
• GEHL • LIEBHERR • SUZUKI
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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 SMSM WITH THE SUBSIDIARIES & ASSOCIATES [30 JUNE 2024]
Holding : Distribution :
BRADKE : BRADKE SYNERGIES SDN. BHD. PTC : PT PRAPAT TUNGGAL CIPTA
MD : PT MANGATUR DHARMA
Manufacture : SOLCREST : SOLCREST PTY LTD.
PJM : PT PANATA JAYA MANDIRI POWERFIL : POWERFIL AUTOPARTS SDN. BHD. Branches of PTC :
HP : PT HYDRAXLE PERKASA BS : BS ENTERPRISE SDN. BHD. JABODETABEK, The Greater Jakarta
TRSS : PT TOKYO RADIATOR SELAMAT SEMPURNA SS AUTO : S.S AUTO SDN. BHD. MAKASSAR, South Sulawesi
POSCO IJPC : PT POSCO INDONESIA JAKARTA PROCESSING CENTER SS A-Sabah : S.S AUTO (Sabah) SDN. BHD. MEDAN, North Sumatra
FILTON : FILTON INDUSTRIES SDN. BHD. SF THAILAND : SURE FILTER THAILAND CO., LTD. PEKANBARU, Riau
SURABAYA, East Java
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31 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 31 2023 5,100
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
Amount in Billion Rupiah
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31 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 31 2023 944
11 2003 48 *) attributable to owners of the parent entity
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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19 YEARS CONSECUTIVE DIVIDEND PAYMENT GROWTH
Total Total • Paid quarterly dividend since 2015 = 38 times
Book Net Income Payout Book Net Income Payout
No.
Year
Dividend
(In Bio IDR) Ratio
No.
Year
Dividend
(In Bio IDR) Ratio
• Increased annually for 19 years
(In Bio IDR) (In Bio IDR)
• Total Dividend paid since 1996 Rp5.08 Trillion
2004 25.97 57 45% 18 2022 518.04 848 61%
1 2005 32.47 66 49% 19 2023 691.04 944 73%
691
2 2006 41.08 66 62% 2024 345.52*) 445 78%
3 2007 57.59 80 72%
4 2008 86.38 91 94%
518
5 2009 129.57 133 98%
6 2010 136.77 150 91%
403
7 2011 143.97 212 68%
334 340 346
8 2012 151.17 219 69% 299
266
9 2013 165.56 308 54%
216
10 2014 179.96 391 46% 151 166 180
130 137 144
11 2015 215.95 428 50%
86
12 2016 266.34 453 59% 32 41 58
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13 2017 299.45 499 60%
14 2018 334.00 557 60%
04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23
15 2019 339.76 578 59%
Dividend Distribution within year 2024: DIVIDEND POLICY, Dividend percentage of net income are:
16 2020 345.52 488 71% Final Dividend For 2023 Financial Year : IDR 230 Bio on July 16, 2024 • Net income up to Rp 10 billion : 35% ;
17 2021 403.11 662 61% *) 1st Interim Dividend For 2024 Financial Year : IDR 144 Bio on May 28, 2024 • Net income above Rp 10 billion - Rp 30 billion : 40% ;
*) 2nd Interim Dividend For 2024 Financial Year : IDR 202 Bio on Aug 21, 2024 • Net income above Rp 30 billion : 45%.
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CONTINUOUS IMPROVEMENT OF CORPORATE GOVERNANCE SCORE
[Assessment by IICD]
VERY
GOOD
FAIR
SCORE (POINTS)
MIN. REQUIREMENT FAIR GOOD VERY GOOD LEADERSHIP IN CG
Comply the minimum There is a strong awareness Has adopted some of the Has fully adopted the Exceeding level 1
standards according to laws and efforts to adopt international standards international standards (Structure of ACGS)
and regulations international standards
(Level 1) (Level 2) (Level 3) (Level 4) (Level 5)
60.00 - 69.99 70.00 - 79.99 80.00 - 89.99 90.00 - 100.00 > 100
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SUMMARY PERFORMANCE 1H 2024
6 Months Ended
Changes
30 June 2024
Net Sales IDR 2.35 T (5.26%)
Profit for the Period* IDR 445 B 3.71%
EPS IDR 77 3.71%
* attributable to owners of the parent entity
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COMPARATIVE FINANCIAL HIGHLIGHTS
6 Months Ended Increase/ Compare Q to Y
Financial Highlights %
1H 2024 1H 2023 (Decrease) 1H 2024 2023
Net Sales 2,350 2,480 (130) (5%) 2,350 5,100
Gross Profit 827 850 (23) (3%) 827 1,830
Operating Profit 591 588 3 0.5% 591 1,280
Profit for the period attributable to:
Owners of the parent entity 445 429 16 4% 445 944
Non-controlling Interests 38 48 (9) (19%) 38 92
Current Assets 3,552 3,110 442 14% 3,552 3,321
Total Assets 4,862 4,356 506 12% 4,862 4,589
Current Liabilities 610 597 13 2% 610 640
Total Liabilities 907 936 (29) (3%) 907 947
Equity attributable to
Owners of the parent company 3,527 3,013 514 17% 3,527 3,216
Non-controlling Interests 427 407 21 5% 427 414
Equity of Subsidiary arising from
Restatement of Financial Statements - - - - - 12
EPS 77 75 3 4% 77 164
Amount In Billion Rupiah except Earning per Share 29
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FINANCIAL RATIO
Compare Q to Q Compare Q to Y
Financial Ratio
1H 2024 1H 2023 1H 2024 2023
Net Sales Growth (5%)
Total Asset Growth 12% 6%
Total Equity Growth 16% 9%
Gross Profit Margin 35% 34% 35% 36%
Operating Margin 25% 24% 25% 25%
Profit Margin* 19% 17% 19% 19%
Return on Assets 10% 11% 10% 23%
Return on Equity* 11% 13% 11% 26%
Total Debt / Total Assets 19% 21% 19% 21%
Total Debt / Total Equity 23% 27% 23% 26%
Current Ratio 583% 521% 583% 519%
*) attributable to owners of the parent entity 30
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SALES PERFORMANCE 1H 2024 [6 MONTHS ENDED]
Sales (IDR) Increase / (Decrease)
Market
1H 2024 % 1H 2023 % IDR %
Domestic 952 41% 1,010 41% (58) (6%)
Overseas 1,398 59% 1,470 59% (72) (5%)
Total 2,350 100% 2,480 100% (130) (5%)
Sales (IDR) Increase / (Decrease)
Product
1H 2024 % 1H 2023 % IDR %
Filter 1,758 75% 1,771 71% (13) (1%)
Radiator 249 11% 211 8% 38 18%
Body Maker 119 5% 192 8% (73) (38%)
Trading 752 32% 714 29% 38 5%
Others 97 4% 116 5% (19) (16%)
(Elimination) (625) (27%) (524) (21%) 101 19%
Total 2,350 100% 2,480 100% (130) (5%)
Amount in Billion Rupiah 31
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SALES BY GEOGRAPHICAL
1H 2024 1H 2023
Increase/
Geographical
(Decrease)
IDR % IDR %
Domestic 952 41% 1,010 41% (6%)
Overseas
Asia 527 22% 623 25% (15%)
America 393 17% 315 13% 25%
Europe 237 10% 312 12% (24%)
Australia 204 9% 175 7% 17%
Africa 37 1% 45 2% (20%)
Total 2,350 100% 2,480 100% (5%)
Amount in Billion Rupiah 32
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TOP 10 EXPORT DESTINATIONS BY COUNTRIES [SORT BY SALES 1H 2024 - IN BIO IDR]
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FY 2024 TARGET
There is still limited visibility on the market's performance
SALES for the remainder of 2024 due to the uncertainties linked
IDR 2% to macroeconomic and geopolitical developments. As far
as commodity and energy prices are concerned, some
degree of stability can be confirmed, but it is subject to
the risk of higher volatility exacerbated by prolonged geo-
political tensions.
Based on a more conservative forecast with specific regard
NET PROFIT to macro and global economic situation, the Company in
IDR 8% 2024 expects a low single-digit of sales increase and its
expectation of profitability to be better than in 2023.
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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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Names mentioned 17 people and organisations named in the text · linked when the evidence is strong
unresolved
org
Donaldson Company Inc.
p.22
unresolved
org
PT Panata Jaya Mandiri
p.22 ×2
unresolved
org
Tokyo Radiators Mfg. Co. Ltd.
p.22
unresolved
org
Mahle Japan Limited
p.22
unresolved
org
Tsuchiya Manufacturing Co. Ltd.
p.22
unresolved
org
Usui Kokusai Sangyo Kaisha Ltd.
p.22
unresolved
org
Tokyo Roki Co., Ltd.
p.22
unresolved
org
ShinMaywa Industrial Co. Ltd.
p.22
unresolved
org
PT Hydraxle Perkasa
p.22 ×2
unresolved
org
Sueyoshi Kogyo Co. Ltd.
p.22
unresolved
org
PT PRAPAT TUNGGAL CIPTA MD
p.23
unresolved
org
PT MANGATUR DHARMA Manufacture
p.23
unresolved
org
SOLCREST PTY LTD.
p.23
unresolved
org
PT TOKYO RADIATOR SELAMAT SEMPURNA
p.23
unresolved
org
PT POSCO INDONESIA JAKARTA PROCESSING CENTER
p.23
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