Asia300

PT Lippo Karawaci Tbk

Indonesia

  • 1m
  • 3m
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  • 1y
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Jul 21, 2017
Prev close: 705
Jul 21, 2017
Market cap:
Market cap(USD):
16,269.8B
1,222.05M
Shares: 23,077.7M

Currency in IDR

Company profile

Market(Ticker): JKT(LPKR)
Sector:
Industry:
Finance
Real Estate Development
Full time employees: 8,946

Business summary

PT Lippo Karawaci Tbk engages in the real estate, property and urban development businesses. It operates through the following segments: Urban Development, Large Scale Integrated Development, Retail Malls, Healthcare, Hospitality and Infrastructure, and Property and Portfolio Management. The Urban Development segment comprises of real estate; land acquisition and clearing; land development and excavation; and infrastructure development activities. The Large Scale Integrated Development segment consists of real estate activities in large scale integrated development project and its infrastructure development. The Retail Malls segment develops and manages shopping centers. The Healthcare segment focuses on health services activities. The Hospitality and Infrastructure segment consists of activities in hotels, restaurants, town management, water and sewage treatment, recreation center, transportation, and maintenance services. The Property and Portfolio Management segment includes management services activities. The company was founded on October 15, 1990 and is headquartered in Tangerang, Indonesia.

Company background

Lippo Karawaci is the Indonesian property arm of Chinese-Indonesian conglomerate Lippo Group. It is the country's largest property developer by assets and one of its largest shopping mall operators. Its flagship Lippo Village is a satellite city on the outskirts of Jakarta that includes residential properties, hotels and a golf course.

Theo L. Sambuaga, the company's chairman, is the president of Lippo Group and former minister of housing and labor. He is also the vice chairman of the former ruling Golkar Party. President Ketut Budi Wijaya has a background in finance and previously held executive positions in other Lippo Group companies such as Matahari Putra Prima and Multipolar.

While members of the founding family do not directly control seats on the board, they are involved in Lippo Karawaci's major strategic decisions. Lippo Group indirectly owns about 18% of the company's shares.

Lippo Karawaci is expanding its health care business, aiming to raise the number of hospitals it runs from 16 in 2013 to 40 by 2017. Its hospital unit, Siloam International Hospitals, went public in 2013.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 10,654.84B
Gross profit 4,343.80B
Operating income 1,322.69B
Income before tax 1,557.74B
Net income 882,411M
EBITDA 2,204.88B
Diluted EPS 38.75
Dividends per share 1.94
Total assets 45,603.68B
Total liabilities 23,528.54B
Total equity 18,572.38B
Operating cash flow -358,292M

Currency in IDR

Revenue 801.09M
Gross profit 326.59M
Operating income 99.44M
Income before tax 117.12M
Net income 66.34M
EBITDA 165.77M
Diluted EPS 0.00
Dividends per share 0.00
Total assets 3,384.94M
Total liabilities 1,746.41M
Total equity 1,378.54M
Operating cash flow -26.93M

Currency in USD

Valuation measures

Dec 2016

PER 18.58
ROA 2.03%
ROE 5.04%
Operating margin 12.41%
Profit margin 8.28%

Key executive

  • President Director: Ketut Budi Wijaya
  • Director: Tjokro Libianto
  • Independent Director: Jenny Kuistono
  • Director-Talent Administration: Norita Alex
  • Director: Johanes Jany

Share holders

  • Pacific Asia Investment Ltd.(17.8%)
  • Crescendo Investment Ltd.(7.3%)
  • Itradiaz Investment Ltd.(6.0%)
  • Boston Investment Ltd. /Pt Lippo/(5.8%)
  • Bullion Investment Ltd.(5.4%)
  • PT Metropolis Propertindo Utama(5.2%)
  • The Vanguard Group, Inc.(3.0%)
  • Dimensional Fund Advisors LP(2.6%)
  • PT Lippo Karawaci Tbk(1.3%)
  • BlackRock Fund Advisors(1.1%)

Address

  • Website: http://www.lippokarawaci.co.id
  • Address: No. 22-00, Menara Matahari, 7 Boulevard Palem Raya, Tangerang, 15811, Indonesia
  • Phone: +62.21.2566.9000

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