Bekasi Fajar Industrial Estate
PT Bekasi Fajar Industrial Estate Tbk is an Indonesia-based company engaged in the development, construction and management of industrial estates (including facilities and supporting infrastructure).
Profil
| Industry Sector | Property, Real Estate & Construction |
| Industry Sub Sector | Property & Real Estate |
| Established | 24 August 1989 |
| Listed | 4 April 2012 |
| Listed Company Code | BEST |
| Listed Shares | 9,629,558,800 |
| Dividend | Yes |
| Major Shareholders (>5%) | Argo Manunggal Land Development (48.13%) Daiwa House Industry Co. Ltd (10.00%) |
| Key Subsidiaries | - |
Stock Quote Bekasi Fajar Industrial Estate - BEST:
Business Summary
Bekasi Fajar Industrial Estate's business activities involve three areas:
1. Industrial Estate Products; the company provides land lots that are ready for development for industrial needs, equipped with the industrial estate infrastructures and other facilities.
2. Infrastructure & Services; it is engaged in infrastructure development and provides complete supporting facilities. This area includes:
a. Estate Management Services; the company provides services to residents of industrial areas (such as garbage collection, security surveillance, environmental maintenance, and servicing & maintenance of public facilities & infrastructure.
b. Water Supply Services; the company provides water supply facilities for customers.
c. Waste Water Management Services; the company provides waste water treatment services for industrial estates.
3. Recreational Facilities & Supports; the company has various recreational facilities (golf courses, coffee shops, and a Japanese restaurant).
Bekasi Fajar Industrial Estate's Financial Highlights:
| 2012 | 2013 | 2014 | 2015 | 2016 | |
| Net Sales | 965.1 | 1,333.1 | 839.6 | 687.0 | 824.4 |
| EBITDA | 887.5 | 481.2 | 415.4 | ||
| Gross Profit | 569.8 | 888.4 | 579.9 | 485.6 | 613.3 |
| Net Income | 470.4 | 744.6 | 391.0 | 211.6 | 336.0 |
| Income from Operations | 527.0 | 889.8 | 472.0 | ||
| Total Assets | 2,285.8 | 3,360.3 | 3,654.0 | 4,631.3 | 5,205.4 |
| Total Liabilities | 515.6 | 883.5 | 803.5 | 1,589.2 | 1,814.5 |
| Earnings per Share¹ | 56.38 | 77.80 | 40.58 | 21.94 | 34.83 |
| Cash Dividend per Share¹ | 9.50 | 2.28 | 2.28 | 1.23 |
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Sources: Bekasi Fajar Industrial Estate Annual Report 2016
Forecast Bekasi Fajar Industrial Estate's Future Corporate Earnings:
| 2018 | 2019F | 2020F | 2021F | 2022F | |
| Net Sales | 963.0 | 951.0 | 1,015.0 | 974.0 | 1,253.0 |
| EBITDA | 588.0 | 529.0 | 626.0 | 586.0 | 780.0 |
| Net Income | 423.0 | 380.0 | 477.0 | 401.0 | 541.0 |
| Total Assets | 6,290.0 | 6,399.0 | 6,828.0 | 7,482.0 | 8,509.0 |
| PER (x) | 2.6 | 2.9 | 2.3 | 2.7 | 2.0 |
| PBV (x) | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 |
| ROAA (%) | 7.0 | 6.0 | 7.2 | 5.6 | 6.8 |
in billion IDR rupiah unless otherwise stated
Source: Danareksa Sekuritas (18.03.2020)
Lokasi
Detail Kontak
Kawasan Industri MM2100
Jalan Sumatera Desa Gandari,
Kecamatan West Cikarang
Bekasi
Phone: +62 21 252 5334
Fax: +62 21 252 0087
Email: [email protected]
www.bekasifajar.com