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20240401_SWID_Laporan Informasi dan Fakta Material_31622223_lamp2.pdf
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Togetherness - Integrity - Professionalism PT Saraswanti Indoland Development Tbk PUBLIC EXPOSE Fiscal Year 2023
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Togetherness - Integrity - Professionalism
LIST OF CONTENTS
01 ABOUT US 07 CHALLENGES
02 VISION - MISSION - VALUES 08
STRATEGIES TO IMPROVE Mataram City
COMPANY PERFORMANCE Area
MILESTONES COMPANY PERFORMANCE
03 09
TARGETS
04 BOARD OF DIRECTORS 10 HIGHLIGHTS
05 OUR PROJECTS 11 SHAREHOLDERS
06 FINANCIAL PERFORMANCE 12 CONTACT US
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Togetherness - Integrity - Professionalism
ABOUT US
PT Saraswanti Indoland Development Tbk, pursuant
to the laws and statutes of company establishment
in Indonesia, domiciled in Sleman Regency, Special
Region of Yogyakarta with business activities of
Providing Accommodation and Providing Food and
Drinks; Real Estate; Construction; Large trade;
Transportation and Warehousing; Leasing and
Leasing Activities Without Option Rights,
Employment, Travel Agents, and Other Business
Support; Financial and Insurance Activities;
Professional, Scientific and Technical Activities.
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Togetherness - Integrity - Professionalism
EVERYONE MISSION VALUES
To become a superior property Become a trusted developer based on Togetherness - Integrity - Professionalism
01 honesty and professionalism.
company that can provide benefits
and added value to the community
and all stakeholders. Creating a work culture based on
02 togetherness and appreciating all potential
resources as valuable assets.
Increasing corporate value in a sustainable
03 manner that is benefits stakeholders.
03
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Togetherness - Integrity - Professionalism
MILESTONES
PT SWID Tbk Milestones until 2023
2010 2012 2013 2015
The company was First Project, Nakula Second Project, Graha Handover of Nakula
established on August 2, Condotel and Sadewa Indoland Condotel and Condotel and Sadewa
2010 Apartment MICC Ballroom Apartment to the owner
Set Alana as the hotel
operator
2023 2022 2020 2017
Fifth Project, Construction Listed as a Public Company on Third Project, handover of Handover of the Graha
of Banyu Bening The Villa the IDX with the ticker code the Yudhistira Apartment Indoland Condotel to
Resort in February 2023 SWID. to the owner the owner
Fourth Project, construction of Set Innside by Melia as
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the Arjuna-Bima Apartments in the hotel operator
November 2022
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Board of Directors
GENTINA YOHANES BOGAT AGUS RATRI AGUNG
RATNA O. INDRO L. PARAMETRA CUCUN S.
RIYONO
Finance Director Operational Director Marketing Director Business Development
President director Director & Corporate
Secretary
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Our Projects
The Alana Yogyakarta Hotel &
Convention Center
Sadewa Apartment
Innside by Melia Hotel
Yogyakarta
Yudhistira Apartment
Arjuna - Bima Apartment
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Banyu Bening The Villa Resort
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FINANCIAL
PERFORMANCE
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Statement of Profit or Loss and Other Comprehensive
2023 2022 2021 2020
Income
Net income 142.577 135.475 127.279 153.141
Gross Profit 94.930 81.400 64.695 88.856
Net profit 21.182 22.875 20.438 44.282
Comprehensive Income for the Year 21.060 22.857 20.693 44.331
Balance Sheet
Total assets 361.866 317.486 266.575 284.890
Current Assets 278.369 224.617 165.895 173.344
Non-Current Assets 83.497 92.869 100.680 111.546
Investment in subsidiaries - - - 1.060
Financial Overview
(Audited) (In million rupiah)
Total Liabilities 135.465 106.281 143.767 183.675
Short-term liabilities 91.499 65.615 82.352 119.461
Long-term Liabilities 43.966 40.666 61.415 64.214
Total Equity 226.401 211.205 122.808 101.215
Ratio Analysis and Other Information
Net Profit to Assets 5,85% 7,20% 7,67% 15,54%
Net Profit to Equity 9,36% 10,83% 16,64% 43,75%
Gross Profit Margin 66,58% 60,09% 50,83% 58,02%
Net Profit Margin 14,86% 16,88% 16,06% 28,92%
Current Ratio 3,04 3,42 2,01 1,45
Ratio of Liabilities to Total Assets 0,37 0,33 0,54 0,64 08
Ratio of Liabilities to Total Equity 0,60 0,50 1,17 1,81
Outstanding Shares (in sheets) 5.385.009.201 5.385.000.000 5.045.000.000 5.000
Togetherness - Integrity - Professionalism Earnings per Share (Rp) 3,93 4,25 4,05 8.856.407
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ASSET EQUITY
Current Non-Current
300000 250000
300.000 250.000
250000
250.000
200000
200.000
200000
200.000
150000
150.000
150.000
150000
100000
100.000
100000
100.000
50.000
50000
Chart
50000
50.000
0
0
0 0 2020 2021 2022 2023
(In million rupiah) 2020 2021 2022 2023
INCOME LIABILITIES
Short-term Long-term
200000
200.000 120000
120.000
100.000
100000
150000
150.000
80000
80.000
100000
100.000 60000
60.000
40000
40.000
50000
50.000
09
20000
20.000
0
0 0 0
2020 2021 2022 2023 2020 2021 2022 2023
Togetherness - Integrity - Professionalism
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PROFIT PERFORMANCE BASED ON BUSINESS SEGMENT
(in million rupiah)
Hotel Property
60.000
60000
40.000
40000
20.000
20000
0 0
-20.000
-20000
2020 2021 2022 2023
After generate negative performance during the pandemic, the hotel division showed excellent performance again starting in 2022, even
continuing to grow in 2023 by 67% compared to the previous year. However, on the contrary, the property division is still experiencing a
downward trend in profits. This is not because the property division's performance is bad, but because the sales of the Yudhistira and
Arjuna Apartments have not been recognized as business income, in accordance with PSAK 72. The marketing performance of the 10
property division shows a positive trend because it recorded marketing sales of IDR 21.7 billion in 2022 and IDR 22.6 billion in 2023.
To ensure an upward trend in property division profits, the Company is currently developing two new towers, Arjuna-Bima Apartments,
in Mataram City area. Company also developing new landed house project. Banyu Bening The Villa Resort.
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50.000
50000
Profit Performance for the Last 4 Years 40000
40.000
The decreased performance of the property division was
30000
30.000
balanced by the uptrend of the hotel division
performance, maintaining positive performance in the
20.000
20000
end. Profit in 2023 was IDR 21.1B, lower than previous year
by only IDR 1.8B.
10.000
10000
0 0
2020 2021 2022 2023
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Challenges
External
Customer Trust
Legality is one of the main factors for customers to make decisions for property investment. Legality issues
that occur in competitors projects can affect customer trust in the projects offered by the Company.
Competition
Competition comes from other developers who are aggressive in developing and marketing similar
properties both in type and market segment. Intense competition in terms of location, facilities, price and
quality require the company to increase product differentiation by adopting lifestyle changes and
technological developments. The establishment of new hotels requires the company to always maintain the
operational performance and appearance of its hotels it owns. The company is optimistic will be able to
compete due to location advantages, product quality and marketing opportunities. The Company also
intensively maintains the hotel and always provides a new atmosphere and appearance for guests.
Market Preference
Market Preference that move dynamically require the company to be responsive in every project planning
and product design. The rapid development of technology should be able to responded appropriately by
the company.
Government policy
There are changes in Government policy at a macro level and in the property sector which can affect the
Company's and Subsidiaries' income, such as mortgage regulations, changes in tax regulations and changes
in Government policy which can have an impact on the Company's business. Like the new regulations that
are being discussed, namely the implementation of new VAT rates which will refer to the HPP Law which
was passed in October 2021. Based on the HPP Law Article 7 paragraph 1 of the HPP Law, the VAT rate
which was previously 10% was changed to 11% on April 1 2022 Then, it will be increased again to 12% no
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later than January 1 2025. The implementation of this new rate will certainly have an impact on how VAT
will be calculated later. This new tariff will also affect society because consumers are the ones who bear the
burden of the increase.
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Challenges
Internal
Efficiency & Effectiveness Business Processes and Documents Digitalization
The company's net profit is a function of revenue and costs. Culture change is challenging, and also the case when
Operational efficiency and effectiveness is one of the carrying out digital transformation. In general, digital
company's keys to success in increasing performance. Cost transformation will be followed by business transformation.
leadership allows the company to get greater benefits from its Companies need to adapt business processes with workflow
investments made. Audit procedures, implementation of SOPs, changes to be in line with the implementation of digital
and performance measurement will ensure that controls and transformation. Those alignment will maximize business
operations run well. processes and ultimately optimize user satisfaction, which is
the company's employees and consumers.
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Competitive Advantages
Technical expertise: has experts in
construction, real estate planning and
development & hotel management
Project experience of High Rise Building
Easy access for funding
Safe legality and positive reputation
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Strategies to Improve Company Performance
Premium Product Differentiation Multi Projects & Land
Efficiency & Effectiveness Great Team
and Innovation Bank
Cost Leadership Employees are a valuable asset so Building new projects and strategic
Premium products are important to the company is committed to land bank to ensure business
maintain customer satisfaction and continuing invest in improving the continuity and minimize investment
market loyalty in general. Unique quality of employees risk
services and products will strengthen
relationships between the company,
customers and the market. Satisfy 15
market demand by utilizing the
flexibility reserve of available land.
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COMPANY PERFORMANCE TARGET FOR
THE CURRENT YEAR
Marketing sales of 120 units apartment and 51 units
landed house.
Increase net profit by 24,77%.
Increase the Average Room Rate of the Company's hotel
with high occupancy by 2%.
Reducing the Average Room Rate of Company’s hotel with
low occupancy by 4% so that occupancy levels can be
increasing total room revenue.
Increase Room Occupancy Rate by 18%.
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HIGHLIGHTS 01 Ground Breaking Banyu Bening The Villa Resort
02 General Meeting of Shareholders for Fiscal Year 2022
03 Launching One Click Service Application
04 Signing of the KPA Arjuna Tower Cooperation Agreement
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GROUND BREAKING BANYU
HIGHLIGHTS BENING THE VILLA RESORT
LAUNCHING APLIKASI ONE CLICK SERVICE
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GENERAL MEETING OF SHAREHOLDERS SIGNING OF THE KPA ARJUNA TOWER COOPERATION
FOR FISCAL YEAR 2022 AGREEMENT
Togetherness - Integrity - Professionalism
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PT Saraswanti Utama
SHAREHOLDERS Bogat Agus Riyono
Public
20.6%
Public
(2023, December)
Share ownership by PT Saraswanti Utama is
63.5%, Bogat Agus Riyono as President Bogat Agus Riyono
15.9%
Director is 15.9%, and the Public is 20.6%. PT Saraswanti Utama
63.5%
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Togetherness - Integrity - Professionalism THANK YOU
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CONTACT US
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PT SWID Tbk
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Bank Cost Leadership
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PT Saraswanti Utama SHAREHOLDERS
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is 15.9%, and the Public is 20.6%.
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