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20240401_HDFA_Laporan Informasi dan Fakta Material_31622326_lamp3.pdf
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Page 1
Public Expose 2024
Page 2
Public Expose 2024
Company in a Brief
Macro & Industry Condition
AGENDA
Operational & Financial Performance
Strategy 2024
Page 3
History of the Company
Transform Business Model
2019 2020 2021
Radana held HMETD II (Rights Rubicon closed the Radana held private
Issue) & Rubicon became the deal after MTO in placement to increase
controlling shareholder April public shares
2015 2014 2013
Radana held HMETD I PT HD Finance Tbk Tiara Marga Trakindo
(rights issue) changed its name to PT (TMT) became the major
Radana Bhaskara shareholder
Finance Tbk
1972 2005 2011
PT Indonesia Lease Corporation Orang Tua Group acquired PT PT HD Finance held Initial
(Indo Lease) was established Indonesia Finance Lease Public Offering (IPO) and
Corporation and changed its became a public company
name to HD Finance.
Mitra Andal, Sahabat Anda PT Radana Bhaskara Finance Tbk | Paparan Publik 2024 2
Page 4
Shareholder Structure
Public Rubicon Investment Holding Pte. Ltd.
7,62% Rubicon Investments Holding Pte. Ltd. (“Rubicon”) is directly controlled and majority
owned by Archipelago Asia Focus Fund Pte. Ltd., a company incorporated under the
laws of the Republic of Singapore ("AAFF SG") and indirectly controlled by Archipelago
Capital Partners Pte. Ltd. (“ACP”), an investment company incorporated under the laws
of the Republic of Singapore and licenced by the Monetary Authority of Singapore in
TMT Singapura.
37,15% Rubicon
55,23% PT Tiara Marga Trakindo
Established as a Holding Company of the TMT Group in 2000, PT Tiara Marga Trakindo
(TMT) is a private company headquartered in Jakarta. TMT oversees several sub-
holdings in heavy equipment procurement and services, financing, integrated minerals
and energy, consumer retail, hospitaly and food manufacturing.
Mitra Andal, Sahabat Anda PT Radana Bhaskara Finance Tbk | Paparan Publik 2024 3
Page 5
Paparan Publik 2024
Company in a Brief
Macro & Industry Condition
AGENDA
Operational & Financial Performance
Strategy 2024
Page 6
Macro & Industry
Inflation (% yoy) Source: BI Non Performing Performance - Source: OJK
Multifinance (%)
5,51 4,97 3,52 2,28 2,61
4Q22 1Q23 2Q23 3Q23 4Q23
2,32 2,37 2,67 2,59 2,44
PDB (% yoy) Source: BPS
5,01 5,04 5,11 5,05 5,05
4Q22 1Q23 2Q23 3Q23 4Q23
4Q22 1Q23 2Q23 3Q23 4Q23
Investment Financing (IDR Bn) Source: OJK Working Capital Financing (IDR Bn) Source: OJK
45.557
154.396 154.351 44.330
150.008 43.033
148.659 41.690
141.630 39.579
4Q22 1Q23 2Q23 3Q23 4Q23 4Q22 1Q23 2Q23 3Q23 4Q23
Mitra Andal, Sahabat Anda PT Radana Bhaskara Finance Tbk | Paparan Publik 2024 5
Page 7
Public Expose 2024
Company in a Brief
Macro & Industry Condition
AGENDA
Operational & Financial Performance
Strategy 2024
Page 8
Operational & Financial Performance
Performance Summary 2023
2.87 T 2.14% 1.84 T
New Booking NPF-gross Ratio
yoy
48% yoy
52.5% Total Liabilities
yoy 73%
-57.2 B 2.46 T 616 B
Net Profit -231% Total Aset 42% Total Equity -9%
yoy yoy yoy
Source: Radana Finance
Notes: T forTrillion, B for Billion, in Rupiah
Mitra Andal, Sahabat Anda PT Radana Bhaskara Finance Tbk | Paparan Publik 2024 7
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Operational & Financial Performance
Operational Performance 2023
New Booking (in IDR Bn) • In 2023, Radana recorded a total new booking of IDR 2.87
+48% 2.871 Trillion, with a composition of 62% factoring or IDR 1.79
1.943
1.485 Trillion, 29% ABF or IDR 838 Billion and 8% FMU or IDR 240
Billion.
2021 2022 2023
Account Receivables (in IDR Bn)
• In 2023, Radana recorded a total Account Receivables of IDR
+35% 1.98 Trillion with a composition of 42% Factoring or IDR 845
1.987
1.007
1.469 Billion, 52% ABF or IDR 1.02 Trillion , 6% FMU or IDR 112
Billion and the rest came from Legacy.
2021 2022 2023
NPF-gross (in %) • NPF-gross was in a healthy trend and recorded at 2.14% as of
December 2023. NPF-gross was maintained below the
+52,5%
2,14 regulation maximum level, and supported by a healthier
0,13 0,04 portfolio throughout 2023.
2021 2022 2023
Source: Radana Finance
Mitra Andal, Sahabat Anda PT Radana Bhaskara Finance Tbk | Paparan Publik 2024 8
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Operational & Financial Performance
Financial Performance 2023
Revenue (in IDR Billion)
+30% • Total Revenue was recorded at IDR 260 Billion, up
260
200 30% YoY in 2023 due to increase in new
155
financing disbursements by 48%
• Total Operating Expense was recorded at IDR 255
2021 2022 2023 Billion or increased by 77% YoY throughout 2023
due to financing expenses related to the company
OPEX (in IDR Billion) borrowing needs to support its core activities,
expand business opportunities, and enhance the
77%
255 company capacity.
124 144
2021 2022 2023
Source: Radana Finance
Mitra Andal, Sahabat Anda PT Radana Bhaskara Finance Tbk | Paparan Publik 2024 9
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Operational & Financial Performance
Financial Performance 2023
Net Profit/Net Loss (in IDR Billion)
-231%
44
35
• Total Net Loss was recorded at IDR 57
2021 2022 2023
Billion or decreased by 231% YoY, and Net
(57) Profit Margin was recorded ar -22,05% in
2023. This was primarily attributed to the
NPM (in %) losses incurred from unutilized DTA
2018/2019, which was charged in 2023.
22,42 21,89
2021 2022 2023
(22,05)
Source: Radana Finance
Mitra Andal, Sahabat Anda PT Radana Bhaskara Finance Tbk | Paparan Publik 2024 10
Page 12
Kondisi Operasional & Keuangan
Financial Performance 2023
Asset (In IDR Billion)
+42%
2.460 • Total assets increased by 42% YoY due to hiked
1.280 1.737
financing receivables, which directly contributed
from increased in new financing disbursement by
2021 2022 2023
48%.
Liabilities (in IDR Billion)
+73% 1.844 • Liabilities in 2023 was recorded at IDR 1.8
1.064 Trillion, increased of 73% YoY due to utilization
651
of bank loan facility to support the company’s
business expansion in disbursing new financing.
2021 2022 2023
Equity (in IDR Billion) • Equity in 2023 was recorded at IDR 616 Billion,
-9% decreased -9% YoY due to Unutilized DTA
673
629 2018/2019, which was charged in 2023, resulting
616
in a loss after tax
2021 2022 2023
Sumber: Radana Finance
Mitra Andal, Sahabat Anda PT Radana Bhaskara Finance Tbk | Paparan Publik 2024 11
Page 13
Public Expose 2024
Company in a Brief
Macro & Industry Condition
AGENDA
Operational & Financial Performance
Strategy 2024
Page 14
Strategy 2024
1 Development and strengthening of Factoring Products and Asset-Based
Financing (ABF) Products.
2 Opening a Point of Sales to expand market share in Factoring and ABF
Financing products
3
Implementing a focus on Dealer Approach and Key Account Approach for ABF
products.
4
Implementing a focus on Anchor-Based Relationship, Vendor-Based
Relationship, and Working Capital Facility for Factoring products.
5 Expanding access to funding from banks (domestic & foreign) with competitive
interest
Mitra Andal, Sahabat Anda PT Radana Bhaskara Finance Tbk | Paparan Publik 2024 14
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THANK YOU
PT Radana Bhaskara Finance Tbk
CIBIS Nine Building Jl. TB Simatupang No.02., RT.1/RW.5, Cilandak Timur, Kec. Ps. Minggu
Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12560
Names mentioned 11 people and organisations named in the text · linked when the evidence is strong
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HD Finance Tbk
p.3 ×3
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Finance Tbk
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PT Indonesia Lease Corporation
p.3
unresolved
org
Rubicon Investment Holding Pte. Ltd.
p.4
unresolved
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Rubicon Investments Holding Pte. Ltd.
p.4
unresolved
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Archipelago Asia Focus Fund Pte. Ltd.
p.4
unresolved
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Archipelago Capital Partners Pte. Ltd.
p.4
unresolved
org
PT Tiara Marga Trakindo Established
p.4
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