POWR didirikan pada POWR POWR memiliki lebih

1990, menyediakan dari 2.000 pelanggan

dan mendistribusikan di lima kawasan
listrik kepada kawasan Perusahaan listrik gas industri, meliputi
industri dan dan uap (PLTGU) produsen nasional dan
perumahan swasta di Indonesia internasional

POWR bekerja sama Dukungan dari

POWR melakukan pemerintah Indonesia
dengan GE untuk
Initial Public Offering untuk meningkatkan
investasi di NGCC dan
(IPO) dengan kode rasio elektrifikasi se-
perluasan pembangkit
POWR.JK pada Juni Indonesia
listrik Independent
2016
Power Producer (IPP) = dampak positif
Stock Price (April 2017) = Rp 1,290
Stock Fluctuation: Rp 1,100 Rp 1,800 Source: www.bloomberg.com
Source: www.bloomberg.com
 ROE
22.1%
level 1

RNOA FLEV Spread

8.05% 110% 12.79%
=14.07%
level 2

NOPM NOAT
14.41% 0.56 x
Cikarang Listrindo
(POWR.JK)
 Statement of Financial Position (in USD) POWR
Year 2014 -2016
Growth
30-Dec-16 31-Dec-15 31-Dec-14 2016 2015
Assets
Cash 221,585,981 57,626,349 95,286,868 285% -40%
Inventories 33,143,544 23,769,073 25,528,109 39% -7%
AR 66,345,122 70,920,109 60,718,366 -6% 17%
Current Assets 326,065,389 165,325,708 222,517,106 97% -26%
Fixed Assets 944,747,124 840,393,759 679,719,649 12% 24%
Total Assets 1,270,812,513 1,005,719,467 902,236,755 26% 11%

Liabilities
Current Liabilities 64,909,695 84,723,809 64,352,246 -23% 32%
Non-current liabilities 601,797,876 583,864,321 575,037,154 3% 2%
Total Liabilities 666,707,571 668,588,130 639,389,400 0% 5%

Equity 604,104,942 337,131,337 262,847,355 79% 28%

Total Liabilities + Equity 1,270,812,513 1,005,719,467 902,236,755 26% 11%

 Statement of Profit and Loss (in USD) POWR
Year 2014 -2016
Growth
30-Dec-16 31-Dec-15 31-Dec-14 2016 2015
Net Sales 550,856,228 547,895,039 544,708,191 1% 1%
Cost of Sales (362,674,341) (362,448,544) (359,245,460) 0% 1%
Gross Profit 188,181,887 185,446,495 185,462,731 1% 0%

General and adm. Expense (45,230,255) (37,998,839) (38,084,019) -19% 0%

Selling Expense (4,803,083) (4,225,093) (4,300,111) -14% -2%
Other Income 1,461,098 475,848 1,049,006 207% -55%
Other Expenses (29,946,748) (12,126,908) (6,957,543) -147% 74%
EBIT 109,662,899 131,571,503 137,170,064 -17% -4%

Finance Costs (44,544,384) (24,841,619) (29,496,669) -79% -16%

Interest Income 1,944,328 1,521,107 4,632,023 28% -67%
EBT 67,062,843 108,250,991 112,305,418 -38% -4%

Income Tax Benefit (Exp.) 36,785,749 (28,240,367) (27,895,626) 230% 1%

Net Income 103,848,592 80,010,624 84,409,792 30% -5%

Comprehensive Income 845,515 (726,642) (2,498,391) -216% -71%

Total comprehensive inc. 104,694,107 79,283,982 81,911,401 32% -3%

Basic earning per share 0.0068 0.0055 0.0058

 LIQUIDITY RATIO TURNOVER RATIO
2014 2015 2016 2014 2015 2016

15.25
5.02

14.07
4.51

10.94
3.46

3.41
3.06

8.97

8.30
7.73
1.95

1.67

1.48

0.68

0.60

0.54

0.43
CURRENT RATIO QUICK RATIO CASH RATIO ASSET TURNOVER AR TURNOVER INVENTORY
TURNOVER

LEVERAGE PROFITABILITY RATIO

2014 2015 2016
2014 2015 2016

0.342
0.340
0.338

0.321
2.43

1.98

0.237
0.221
0.189
0.155
0.146
1.10

0.094

0.082
0.080
0.71

0.66

0.52

0.48
0.34
0.29

DEBT TO EQUITY DEBT TO ASSETS EQUITY RATIO GROSS MARGIN PROFIT RETURN ON RETURN ON
RATIO RATIO RATIO MARGIN RATIO ASSETS EQUITY
 RAJA INDY POWR

5.023
4.513

3.414

2.133 2.104
1.453
0.878
0.5760.781

Current Ratio Quick Ratio Cash Ratio

 Chart Title
RAJA INDY POWR

1.459

1.104

0.587 0.593 0.630

0.525 0.475
0.370 0.407

DER DAR Equity Ratio

 RAJA INDY POWR

0.342

0.189 0.172
0.1300.114
0.082 0.084
0.041 0.053

Gross Margin Ratio Profit Margin Ratio Return on Assets Return on Equity
-0.057

-0.134 -0.141
PT Cikarang Listrindo - Life Cycle

POWR
2.90

Cikarang Listrindo
(POWR.JK)
1.20

0
Altman Z Score = 1.93
Combined Cycle Geothermal Power Plant
Wind Turbine with Software Optimization