PT. Mandiri PT.

B
No Description
2015 2016 2017
1 Market Price per share 215.83 270 2,460
2 Net Income per share 67 71 425
3 Net Income 531,349 502,417 4,547,232
4 Interest 165,193 187,880 103,589
5 Total Assets 11,876,309 15,117,948 21,987,482
6 Long Term Liabilities 2,412,290 2,419,816 3,790,878
7 Shareholders Equity 6,061,493 6,521,881 13,072,583
8 Gross Margin 1,525,563 1,677,530 8,064,743
9 Sales Revenue 9,217,160 11,049,946 21,166,993
10 Net Sales Revenue 9,217,160 11,049,946 21,166,993
11 No. Shares Outstanding 7,447,754 7,447,754 1,054,038
12 Cash Generated by Operation 1,357,490 784,610 3,168,397
13 Property , Plant and Equipment 2,462,393 3,085,812 4,931,506
14 Cash 1,388,540 827,719 3,168,397
15 Cash Expense 567,688 722,777 2,607,991
16 Account Receivable 1,514,068 2,017,279 5,343,708
17 Inventory 2,509,488 4,262,190 1,156,012
18 Cost of Sales 7,691,597 9,933,710 10,964,524
19 Working Capital 3,594,440 2,150,000 3,342,400
20 Current Asset 6,996,966 9,204,287 10,508,599
21 Current Liabilities 3,402,526 6,176,251 3,631,956
22 Monetary Current Asset 1,765,979 2,285,951 3,255,831
23 Total Liabilities 5,814,816 8,596,067 8,187,497

24 Pretax Operating Profit / 716,211 766,482 6,101,629

Profit Before Tax
25 Devidends per share 10.14 23.61 285.50
26 Devidends 75,549,539,461 175,845,846,090 601,856,000,000

PT. Mandiri PT. B

No Description
2017 2018 2017
Overall Performance Measure
1 Price/Earning Ratio 3 4 5.79
2 Return on Assets 5.52% 4.26% 21.03%
3 Return on Invested Capital 7.73% 7.19% 27.43%
4 Return on Shareholder's Equity 8.77% 7.70% 34.78%
Profitability Measure
5 Gross Margin Percentage 16.55% 15.18% 38.10%
6 Profit Margin 5.76% 4.55% 21.48%
7 Earning per Share Rp 71,343.52 Rp 67,458.86 Rp 4,314,106.32
8 Cash Realization 3 2 1
Test of Investment Utilization
 9 Asset Turnover 0.78 0.73 0.96
10 Invested Capital Turnover 1.09 1.24 1.26
11 Equity Turnover 1.52 1.69 1.62
12 Capital Intensity 3.74 3.58 4.29
13 Days Cash 893 418 443

Days Receivable 60 67 92
14 (or Collection Period)
15 Days Inventory 119 157 38
16 Inventory Turnover 3.07 2.33 9.48
17 Working Capital Turnover 2.56 5.14 6.33
18 Current Ratio 2.06 1.49 2.89
19 Acid test (quick) ratio 0.52 0.37 0.90
Tests of Financial Condition
20 Financial Leverage Ratio 1.96 2.32 1.68
21 Debt / Equity Ratio
* Debt Ratio 40% 37% 29%
* Equity Ratio 96% 132% 63%
22 Debt / Capitalization 28% 27% 22%
23 Times Interest Earned 5.34 5.08 59.90
24 Cash Flow/debt 24% 10% 39%
Test of Devidend Policy
25 Devidend Yield 4.70% 8.74% 11.61%
26 devidend Payout 14% 35% 13%

Price/Earning Ratio
7

6 5.79

5 4.53
PT. Ma ndiri
4 4
3 PT. B
3

-
2017 2018

Return on Assets
25.00%
21.03% 21.51%
20.00%

PT. Ma ndi ri
15.00%
PT. B

10.00%
5.52%
5.00% 4.26%

0.00%
2017 2018
20.00%

PT. Ma ndi ri
15.00%
PT. B

10.00%
5.52%
5.00% 4.26%

0.00%
2017 2018

Return on Invested Capital

35.00%

30.00% 27.43% 28.66%

25.00%
PT. Ma ndi ri
20.00% PT. B
15.00%

10.00% 7.73% 7.19%

5.00%

0.00%
2017 2018

Return on Shareholder's Equity

40.00%
34.78% 33.75%
35.00%
30.00%
25.00% PT. Ma ndi ri
PT. B
20.00%
15.00%
10.00% 8.77% 7.70%
5.00%
0.00%
2017 2018

Gross Margin Percentage

45.00%
40.00% 38.10% 37.01%
35.00%
30.00% PT. Ma ndi ri
25.00% PT. B
20.00% 16.55% 15.18%
15.00%
10.00%
5.00%
0.00%
2017 2018

Profit Margin
25.00% 22.96%
21.48%
20.00%
 Profit Margin
25.00% 22.96%
21.48%
20.00%

PT. Ma ndi ri
15.00%
PT. B

10.00%
5.76%
4.55%
5.00%

0.00%
2017 2018

Earning per Share

Rp6,000,000.00

Rp5,000,000.00 Rp4,858,564.87
Rp4,314,106.32
Rp4,000,000.00 PT. Ma ndi ri
PT. B
Rp3,000,000.00

Rp2,000,000.00

Rp1,000,000.00
Rp71,343.52 Rp67,458.86
Rp-
2017 2018

Cash Realization
3
3
3

2 PT. Ma ndi ri
2 PT. B
2
1
1
1
1

-
2017 2018

Asset Turnover
1.20

1.00 0.96 0.92

0.78
0.80 0.73 PT. Ma ndi ri
PT. B
0.60

0.40

0.20
1.00 0.96 0.92
0.78
0.80 0.73 PT. Ma ndi ri
PT. B
0.60

0.40

0.20

-
2017 2018

Invested Capital Turnover

1.30
1.26
1.25 1.24 1.23

1.20 PT. Ma ndi ri

PT. B
1.15

1.10 1.09

1.05

1.00
2017 2018

Equity Turnover
1.75
1.69
1.70
1.65 1.62
1.60 PT. Ma ndi ri
PT. B
1.55 1.52
1.50 1.47
1.45
1.40
1.35
2017 2018

Capital Intensity
5.00
4.50 4.29 4.35
4.00 3.74 3.58
3.50
PT. Ma ndi ri
3.00
PT. B
2.50
2.00
1.50
1.00
0.50
-
2017 2018

Days Cash
1,000 943
893
900
 Days Cash
1,000 943
893
900
800
700
PT. Ma ndi ri
600
PT. B
500 443 418
400
300
200
100
-
2017 2018
PT. B
2018
2,160 Harga Saham Penutupan
477 laba bersih persaham
5,121,112 Laba tahun berjalan
103,543 Beban bunga
24,172,933 Total Assets
2,967,541 Utang jangka panjang / liabilitas jangka panjang
15,173,059 total equity
8,252,739 Laba Kotor
22,300,231 Pendapatan usaha
22,300,231 Net Sales / Pendapatan Bersih
1,054,038 saham beredar
5,844,811 Kas dan Setara Kas
5,127,617 Aset tetap
5,844,811 Kas dan Setara Kas dan kas dibatasi penggunaannya
2,262,705 Beban Kas
2,781,567 Piutang Lancar
1,551,135 Persediaan Lancar
12,621,200 Harga Pokok Penjualan / Harga Pokok Pendapatan
1,145,708 Modal Kerja
11,268,672 Aset lancar
4,607,236 kewajiban lancar
1,392,051 monetary assets
7,903,237 total kewajiban

6,858,075
laba sebelum pajak
318.52 dividen per lembar
3,357,331,000,000 dividen

PT. B
2018

4.53 Times
21.51% % tax = 25%
28.66% %
33.75% %

37.01% %
22.96% %
Rp 4,858,564.87 (in million Rupiah)
1 Times
 0.92 Times
1.23 Times
1.47 Times
4.35 Times
943 Days

46 Days

45 Days
8.14 Times
19.46 Times
2.45 Ratio
0.30 Ratio

1.59 Times

20% %
52% %
16% %
67.23 Times
74% %

14.75% %
66% %

ays Receivable (or Collection Period)

92

67
60 PT. Ma ndi ri
46 PT. B

2017 2018

Days Inventory
157

119
PT. Ma ndi ri
PT. B

38 45

2017 2018
119
PT. Ma ndi ri
PT. B

38 45

2017 2018

Inventory Turnover
9.48
8.14

PT. Ma ndi ri
PT. B

3.07
2.33

2017 2018

Working Capital Turnover

19.46

PT. Ma ndi ri
PT. B

6.33
5.14
2.56

2017 2018

Days Inventory

5.79

4.53
PT. Ma ndi ri
4
3 PT. B

2017 2018

Current Ratio

2.89
2.45
 Current Ratio

2.89
2.45
2.06 PT. Ma ndi ri
PT. B
1.49

2017 2018

Acid test (quick) ratio

0.90

PT. Ma ndi ri
0.52 PT. B
0.37
0.30

2017 2018

Financial Leverage Ratio

2.32

1.96
1.68 1.59
PT. Ma ndi ri
PT. B

2017 2018

Debt Ratio
40%
37%

29%
PT. Ma ndi ri
PT. B
20%
 37%

29%
PT. Ma ndi ri
PT. B
20%

2017 2018

Debt / Capitalization
28%
27%

22%

PT. Ma ndi ri
16%
PT. B

2017 2018

Times Interest Earned

67.23
59.90

PT. Ma ndi ri
PT. B

5.34 5.08

2017 2018

Cash Flow/debt
74%

PT. Ma ndi ri
39% PT. B

24%

10%

2017 2018

Devidend Yield
14.75%
 Devidend Yield
14.75%

11.61%

8.74% PT. Ma ndi ri

PT. B

4.70%

2017 2018

devidend Payout
66%

PT. Ma ndi ri
35% PT. B

14% 13%

2017 2018
g / liabilitas jangka panjang

an kas dibatasi penggunaannya

an / Harga Pokok Pendapatan

1,300,000 195,708 1400000

500,000 950000 350000
350,000 631000

2,150,000 750000
211400
1,145,708 3342400
 Equity Ratio
132%

PT. Ma ndi ri
PT. B
%
52%
 PT. Ma ndi ri
PT. B
%
52%

2018
 PT.Waskita Karya
No Description
2016 2015
1 Market Price per share IDR 2,348.38 IDR 1,526.78
2 Net Income per share IDR 147.480 IDR 90.190
3 Net Income IDR 1,813,068,616,784 IDR 1,047,590,672,774
4 Interest IDR 187,483,177,298 IDR 72,801,139,476
5 Total Assets IDR 61,425,181,722,030 IDR 30,309,111,177,468
6 Long Term Liabilities IDR 13,190,427,443,480 IDR 6,940,092,700,531
7 Shareholders Equity IDR 16,773,218,556,948 IDR 9,704,206,867,664
8 Gross Margin IDR 3,967,838,258,444 IDR 1,921,238,033,477
9 Sales Revenue IDR 23,788,322,626,347 IDR 14,152,752,847,612
10 Net Sales Revenue IDR 23,788,322,626,347 IDR 14,152,752,847,612
11 No. Shares Outstanding 13,573,280,850 13,572,493,310
12 Cash Generated by Operation IDR (7,762,413,775,203) IDR 657,972,066,517
13 Property , Plant and Equipment IDR 3,275,335,187,968 IDR 1,923,143,995,454
14 Cash IDR 10,653,780,768,186 IDR 5,511,188,078,778
15 Cash Expense IDR 17,054,402,279,725 IDR 11,239,618,703,818
16 Account Receivable IDR 2,238,507,135,808 IDR 2,384,370,008,817
17 Inventory IDR 2,556,731,823,542 IDR 826,384,135,639
18 Cost of Sales IDR 19,820,484,367,904 IDR 12,231,514,814,135
19 Working Capital IDR 5,420,921,771,155 IDR 2,140,812,490,842
20 Current Asset IDR 36,882,457,492,758 IDR 15,805,624,100,116
21 Current Liabilities IDR 31,461,535,721,603 IDR 13,664,811,609,274
22 Monetary Current Asset IDR 12,892,287,903,994 IDR 7,895,558,087,595
23 Total Liabilities IDR 44,651,963,165,082 IDR 20,604,904,309,805
24 Profit Before Tax IDR 2,155,589,073,419 IDR 1,117,089,634,740
25 Dividends per share IDR 15.43914 IDR 10.311597
26 Dividends IDR 209,547,624,362 IDR 100,306,102,480

PT.Waskita Karya
No Description
2016 2015
Overall Performance Measure
1 Price/Earning Ratio 16 17
2 Return on Assets 3.18% 3.64%
3 Return on Invested Capital 6.52% 6.62%
4 Return on Shareholder's Equity 10.81% 10.80%
Profitability Measure
5 Gross Margin Percentage 16.68% 13.58%
6 Profit Margin 7.62% 7.40%
7 Earning per Share Rp 133.58 Rp 77.18
8 Cash Realization - 4 1
Test of Investment Utilization
9 Asset Turnover 0.39 0.47
10 Invested Capital Turnover 0.79 0.85
11 Equity Turnover 1.42 1.46
12 Capital Intensity 7.26 7.36
13 Days Cash 228 179

Days Receivable 34 61
14 (or Collection Period)
15 Days Inventory 47 25
16 Inventory Turnover 7.75 14.80
17 Working Capital Turnover 4.39 6.61
18 Current Ratio 1.17 1.16
19 Acid test (quick) ratio 0.41 0.58
Tests of Financial Condition
20 Financial Leverage Ratio 3.66 3.12
21 Debt / Equity Ratio
* Debt Ratio 79% 72%
* Equity Ratio 266% 212%
22 Debt / Capitalization 44% 42%
23 Times Interest Earned 12.50 16.34
24 Cash Flow/debt 24% 27%
Test of Devidend Policy
25 Dividend Yield 0.66% 0.68%
26 Dividend Payout 12% 10%

Price/Earning Ratio
17
17 17
17
17
PT.Was ki ta Karya
16
16
16 16
16
16
15
2016 2015

Return on Assets
3.70% 3.64%
3.60%
3.50%
3.40%
PT.Was ki ta Ka rya
3.30%
3.20% 3.18%

3.10%
3.00%
2.90%
2016 2015
3.40%
PT.Was ki ta Ka rya
3.30%
3.20% 3.18%

3.10%
3.00%
2.90%
2016 2015

Return on Invested Capital

6.64%
6.62%
6.62%
6.60%
6.58%
PT.Was ki ta Ka rya
6.56%
6.54%
6.52%
6.52%
6.50%
6.48%
6.46%
2016 2015

Return on Shareholder's Equity

10.82%

10.81% 10.81%

10.81%
PT.Was ki ta Ka rya
10.80%
10.80%
10.80%

10.79%

10.79%
2016 2015

Gross Margin Percentage

18.00% 16.68%
16.00%
14.00% 13.58%

12.00%
PT.Was ki ta Ka rya
10.00%
8.00%
6.00%
4.00%
2.00%
0.00%
2016 2015

Profit Margin
7.65% 7.62%
7.60%
7.55%
7.50%
 Profit Margin
7.65% 7.62%
7.60%
7.55%
7.50% PT.Was ki ta Ka rya
7.45%
7.40%
7.40%
7.35%
7.30%
7.25%
2016 2015

Earning per Share

Rp160.00
Rp140.00 Rp133.58

Rp120.00
Rp100.00 PT.Was ki ta Ka rya
Rp77.18
Rp80.00
Rp60.00
Rp40.00
Rp20.00
Rp-
2016 2015

Cash Realization
1 1

-
2016 2015
-1
PT.Was ki ta Ka rya
-2

-3

-4
-4
-5

Asset Turnover
0.50 0.47
0.45
0.40 0.39
0.35
0.30 PT.Was ki ta Ka rya
0.25
0.20
0.15
0.10
0.05
-
2016 2015
0.40
0.35
0.30 PT.Was ki ta Ka rya
0.25
0.20
0.15
0.10
0.05
-
2016 2015

Invested Capital Turnover

0.86
0.85
0.85
0.84
0.83
0.82 PT.Was ki ta Ka rya
0.81
0.80 0.79
0.79
0.78
0.77
0.76
2016 2015

Equity Turnover
1.47
1.46
1.46
1.45
1.44 PT.Was ki ta Ka rya
1.43
1.42
1.42
1.41
1.40
1.39
2016 2015

Capital Intensity
7.38
7.36
7.36
7.34
7.32
PT.Was ki ta Ka rya
7.30
7.28
7.26
7.26
7.24
7.22
7.20
2016 2015

Days Cash
250 228

200 179
 Days Cash
250 228

200 179

150 PT.Was ki ta Ka rya

100

50

-
2016 2015
 Harga Saham Penutupan
laba bersih persaham
Laba tahun berjalan
Beban bunga
Total Assets
Utang jangka panjang / liabilitas jangka
total equity
Laba Kotor
Pendapatan usaha
Net Sales / Pendapatan Bersih
13,573,280,850 13,572,493,310 saham beredar
Kas dan Setara Kas
Aset tetap
Kas dan Setara Kas dan kas dibatasi pen
Beban Kas
Piutang Lancar
Persediaan Lancar
Harga Pokok Penjualan / Harga Pokok Pe
Modal Kerja
Aset lancar
kewajiban lancar
monetary assets
total kewajiban
4,100,000 500000 laba sebelum pajak
15.44 7.39 dividen per lembar
dividen

Times
% tax = 25%
%
%

%
%
(in full Rupiah)
Times

Times
 Times
Times
Times
Days

Days

Days
Times
Times
Ratio
Ratio

Times

%
%
%
Times
%

%
%

Days Receivable (or Collection Period)

70
61
60

50

40 PT.Wa s ki ta Ka rya
34
30

20

10

-
2016 2015

Days Inventory
50 47
45
40
35
30 PT.Wa s ki ta Ka rya
25
25
20
15
10
5
-
2016 2015
30 PT.Wa s ki ta Ka rya
25
25
20
15
10
5
-
2016 2015

Inventory Turnover
16.00 14.80
14.00
12.00
10.00 PT.Wa s ki ta Ka rya
7.75
8.00
6.00
4.00
2.00
-
2016 2015

Working Capital Turnover

7.00 6.61

6.00

5.00 4.39
4.00 PT.Wa s ki ta Ka rya

3.00

2.00

1.00

-
2016 2015

Days Inventory
17
17 17
17
17
PT.Wa s ki ta Ka rya
16
16
16 16
16
16
15
2016 2015

Current Ratio
1.18 1.17
1.17

1.17
 Current Ratio
1.18 1.17
1.17

1.17
PT.Wa s ki ta Ka rya
1.16
1.16
1.16

1.15

1.15
2016 2015

Acid test (quick) ratio

0.70

0.60 0.58

0.50
0.41
0.40 PT.Wa s ki ta Ka rya

0.30

0.20

0.10

-
2016 2015

Financial Leverage Ratio

3.80
3.70 3.66
3.60
3.50
3.40 PT.Wa s ki ta Ka rya
3.30
3.20 3.12
3.10
3.00
2.90
2.80
2016 2015

Debt Ratio Equity Ratio

80%
79% 300%
266%
78%
250%
76% 212%
200%
74% PT.Wa s ki ta Ka rya
72% 150%
72%

70% 100%

68% 50%
66%
2016 2015 0%
2016 2015
76% 212%
200%
74% PT.Wa s ki ta Ka rya
72% 150%
72%

70% 100%

68% 50%
66%
2016 2015 0%
2016 2015

Debt / Capitalization
45%
44%
44%
44%
43% PT.Wa s ki ta Ka rya
43%
42% 42%
42%
41%
41%
2016 2015

Times Interest Earned

18.00 16.34
16.00
14.00 12.50
12.00
PT.Wa s ki ta Ka rya
10.00
8.00
6.00
4.00
2.00
-
2016 2015

Cash Flow/debt
27% 27%
27%
26%
26%
25% PT.Wa s ki ta Ka rya
25%
24% 24%
24%
23%
23%
22%
2016 2015

Dividend Yield
0.68%
0.68%
0.68%

0.67%
 Dividend Yield
0.68%
0.68%
0.68%

0.67%

0.67% PT.Wa s ki ta Ka rya

0.66% 0.66%
0.66%

0.65%

0.65%
2016 2015

DIvidend Payout
14%

12% 12%

10% 10%

8% PT.Wa s ki ta Ka rya

6%

4%

2%

0%
2016 2015
ham Penutupan
h persaham

gka panjang / liabilitas jangka panjang

/ Pendapatan Bersih

etara Kas dan kas dibatasi penggunaannya

kok Penjualan / Harga Pokok Pendapatan

1,300,000 195,708 1400000

500,000 950000 350000
350,000 631000
2,150,000 750000
211400
1,145,708 3342400
 Equity Ratio
266%

212%

PT.Was ki ta Karya

2016 2015
 212%

PT.Was ki ta Karya

2016 2015