Jasuindo Tiga Perkasa
PT Jasuindo Tiga Perkasa Tbk is an Indonesian printing company that has a license to print commercial documents including security documents, non-security documents, card technology, smart cards, holograms, and document management. The company, headquartered in Sidoarjo (East Java), has representative offices in Jakarta, Bali and North America.
Profile
| Industry Sector | Trade, Services & Investment |
| Industry Sub Sector | Advertising, Printing & Media |
| Established | 10 November 1990 |
| Listed | 16 April 2002 |
| Listed Company Code | JTPE |
| Listed Shares | 1,769,680,000 |
| Dividend | Yes |
| Major Shareholders (>5%) | Jasuindo Multi Investama (63.57%) Syailendra Equity Opportunity Fund (5.00%) |
| Key Subsidiaries | Jasuindo Informatika Pramata Djakarta Computer Supplies Cardsindo Tiga Perkasa |
Stock Quote Jasuindo Tiga Perkasa - JTPE:
On 26 July 2011 Jasuindo Tiga Perkasa conducted a 1:5 stock split
Business Summary
The company has three plants in operation:
• Security documents plant
• Visa Cards, Master Cards, and other security cards plant
• Business document plant
The company's products and services are classified into:
• Security documents; using a special design and materials for credit cards, ATM cards, toll cards, deposit slips, and more.
• General printing documents; basic non-securities documents such as invoices, direct mail, vouchers, billing statements, and more.
• Sticky notes; non-security documents with a glutinous section on each sheet.
• Information Technology Solution Services; providing information solution services related to document management.
Being focused on the printing of various types of cards, Jasuindo Tiga Perkasa benefits when industries that issue such cards post good growth. These industries include the banking sector (smart cards, credit cards, ATM cards), automobile industry (driver's licenses, insurance papers), and telecommunication (SIM cards)
National elections seem to have a positive impact in particularly in terms of non-security and general printing products. During the 2009 elections, the company's revenue from general printing products rose 52 percent (yoy). After the election year, revenue quickly declined.
Most notable customers of the company include the Indonesian government, banks, and airlines.
Jasuindo Tiga Perkasa, the only document printing company listed on the Indonesia Stock Exchange (IDX), has marketing offices in Sidoarjo (East Java), Jakarta, and Denpasar (Bali) which also serve as distribution centers to the other islands of Indonesia.
Jasuindo Tiga Perkasa's Financial Highlights:
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016F | 2017F | |
| Net Sales | 446.0 | 507.4 | 418.8 | 596.6 | 833.7 | 985.0 | 1,063.0 | 1,170.0 |
| Gross Profit | 150.7 | 163.1 | 108.2 | 140.1 | 148.5 | 198.0 | 215.0 | 243.0 |
| Net Income | 75.6 | 79.7 | 42.6 | 40.9 | 53.9 | 65.0 | 72.0 | 84.0 |
| Total Assets | 236.4 | 311.3 | 446.7 | 575.1 | 658.8 | 887.0 | 929.0 | 966.0 |
| Total Liabilities | 82.5 | 124.2 | 240.4 | 333.1 | 374.1 | 536.0 | 552.0 | 531.0 |
| Earnings per Share¹² |
42.71 | 46.42 | 24.71 | 23.79 | 31.44 | 38.00 | 42.10 | 49.00 |
| Dividend per Share¹² |
||||||||
| P/E ratio (x) | 15.4 | 9.3 | 6.7 | 5.6 | 5.1 | 4.3 | ||
| P/BV (x) | 2.3 | 1.5 | 1.2 | 1.0 | 0.9 | 0.8 |
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
² numbers adjusted to 1:5 stock split
Source: Jasuindo Tiga Perkasa Annual Report 2014 & Pefindo (06/05/2016)
Location
Contact Details
Jalan Raya Betro No. 21, Sedati
Sidoarjo - 61253
Phone: +62 31 891 0919
Fax: +62 31 891 0928
Email: lukito@jasuindo.co.id
www.jasuindo.co.id