Profile

Industry Sector Property, Real Estate and Construction
Industry Sub Sector Building Construction
Established 11 March 1960
Listed 29 October 2007
Listed Company Code WIKA
Listed Shares 6,105,627,500
Dividend Yes
Major Shareholders (>5%) Government of Indonesia (65.05%)
Key Subsidiaries Wijaya Karya Beton
Wijaya Karya Realty
Wijaya karya Intrade

Stock Quote Wijaya Karya - WIKA:

Business Summary

Being a government-controlled company, Wika's primary customer is the government of Indonesia as well as other Indonesian state-owned enterprises (SOE). However, the vast growth of Indonesia’s economy also impacted on growth of the construction industry in the private sector. This growth allowed Wika to expand its target markets from the government and other SOE companies to the private sector.

Moreover, Wika has extended its target market from Indonesia to other developing countries. The company has participated in projects in the Middle East and North Africa (Iraq, Algeria and Libya), as well as several other countries in the Asia Pacific (Timor Leste, Brunei Darussalam and Myanmar).

Wijaya Karya has two core businesses: Construction, which is divided into Civil Construction (roads, bridges, seaports, airports and dams) and Building Construction (residential and commercial housing as well as utility buildings) and Mechanical Electrical, which consists of Energy and Industrial Plants. The Energy segment is focused on Engineering, Procurement and Construction (EPC) and Investment.

New Contracts:

     2011    2012    2013    2014    2015    2016
Infrastructure & Building
 6,411.5  8,937.7  9,038.2  9,816.7 19,077.1 39,648.3
Energy & Industrial Plant
 4,202.7  4,100.5  4,458.0   3,633.7  1,034.4  7,493.8
Industry  2,140.9  2,623.9  2,991.9  3,187.8  3,734.0  4,278.8
Property & Realty   800.6  1,463.4  1,244.0  1,378.5  1,376.3  3,342.6

in billion IDR rupiah
Source: Wijaya Karya, Annual Report 2016

Wijaya Karya's Financial Highlights:

      2009     2010     2011     2012     2013     2014     2015     2016
Net Sales  6,590.9  6,022.9  7,741.8  9,905.2 11,884.6 12,463.2 13,620.1 15,668.8
Gross Profit    623.1    632.9    763.4    957.8  1,322.4  1,424.6  1,654.7  2,227.1
Net Income    189.2    311.2    390.95    523.3    624.4    743.8    703.0  1,147.1
Operating
Income
   485.0    477.6    653.7    870.0  1,216.0  1,401.5  1,513.9  2,079.0
Profit before
Income Tax
   348.1    473.3    629.6    832.7  1,016.7  1,139.2    751.3  1,230.5
Total Assets  5,700.6  6,286.3  8,323.0 11,020.8 12,594.6 15,909.2 19,602.4 31,096.5
Total Liabilities  4,064.9  4,369.5  6,103.6  8,186.5  9,368.0 11,032.5 14,164.3 18,597.8
Earnings per
Share¹
   33,37    47,47    60,59    77,96    92,84    99,06  101,81  158,64
Cash Dividend
per Share¹
      –    17,08    17,56    22,32    27,82    20,01    20,35    33,86

in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Wijaya Karya, Annual Report 2016

Future Forecast Wijaya Karya's Financial Highlights:

   2016 2017F 2018F 2019F
Net Sales 15.67 25.43 31.48 41.74
Gross Profit  2.23  2.62  3.21  4.32
Net Income  1.01  1.17  1.29  1.69
Return on Equity (%)
 11.3   9.0   9.2  11.0
Return on Asset (%)
  4.0   3.2   2.8   3.0

in trillion IDR rupiah unless otherwise stated
Source: Sinarmas Sekuritas (15/01/2018)

Location

Contact Details

Jalan D.I. Panjaitan Kav. 9
Jakarta - 13340
Phone: +62 21 819 2808
Fax: +62 21 819 1235
Email: natal.argawan@wika.co.id
www.wika.co.id