Asia300

PT Saratoga Investama Sedaya Tbk

Indonesia

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Jul 21, 2017
Prev close: 3,300
Jul 21, 2017
Market cap:
Market cap(USD):
8,952.79B
672.45M
Shares: 2,712.96M

Currency in IDR

Company profile

Market(Ticker): JKT(SRTG)
Sector:
Industry:
Miscellaneous
Investment Trusts/Mutual Funds
Full time employees: --

Business summary

PT Saratoga Investama Sedaya Tbk is an investment company, which engages in the businesses of agriculture, plantation, telecommunication, trading, energy, construction, transportation, and services through its subsidiaries. The company operates its business through the following segments: Oil Refinery, Building Rental, Floating Storage and Offloading, and Investment. Its portfolio consists of investments through investee companies with activities covering mining, oil and gas, oil palm plantation, power plants, toll roads, automotive distribution, lubricants, rentals, leasing, and financing. PT Saratoga Investama Sedaya was founded by Edwin Soeryadjaya and Sandliaga Salahuddin Uno on May 17, 1991 and is headquartered in Jakarta, Indonesia.

Company background

Saratoga Investama Sedaya is one of Indonesia's few listed investment companies, having gone public in mid-2013.

Saratoga, which holds major interests in coal miner Adaro Energy and palm oil producer Provident Agro, has been hit by low global commodity prices. But it has taken steps to diversify and increase its exposure to Indonesia's consumer sector: It handled automotive distributor Mitra Pinasthika Mustika's initial public offering and acquired a minor stake in a local luxury fashion retailer.

Saratoga was established in 1991 by Edwin Soeryadjaya. His father, Chinese-Indonesian billionaire William Soeryadjaya, was the founder of conglomerate Astra International.

In 1998, during the aftermath of the Asian financial crisis, Indonesian businessman Sandiaga S. Uno joined Saratoga. He is currently Saratoga's president, while Soeryadjaya serves as chairman. Together, the two executives own more than 50% of the company's shares.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 1,085.11B
Gross profit --
Operating income 6,724.35B
Income before tax 6,585.13B
Net income 5,669.92B
EBITDA 6,725.79B
Diluted EPS 2,087
Dividends per share 148
Total assets 25,144.27B
Total liabilities 5,777.73B
Total equity 18,984.33B
Operating cash flow 292,736M

Currency in IDR

Revenue 81.58M
Gross profit --
Operating income 505.57M
Income before tax 495.10M
Net income 426.29M
EBITDA 505.68M
Diluted EPS 0.15
Dividends per share 0.01
Total assets 1,866.34M
Total liabilities 428.85M
Total equity 1,409.11M
Operating cash flow 22.00M

Currency in USD

Valuation measures

Dec 2016

PER 1.67
ROA 27.09%
ROE 38.41%
Operating margin 619.68%
Profit margin 522.51%

Key executive

  • President Director & Director-Business Development: Michael William P. Soeryadjaya
  • Independent Director-Finance: Jerry Go Ngo
  • Portfolio Director: Andi Esfandiari
  • Head-Internal Audit Unit: Lily Herawati
  • Division Head-Budgeting, Accounting & MIS: Tommy Tjia

Share holders

  • SOERYADJAYA EDWIN(32.0%)
  • SOERYADJAYA FAMILY(31.6%)
  • UNO SANDIAGA SALAHUDDIN(27.7%)
  • Aberdeen Asset Management (Asia) Ltd.(0.2%)
  • PT Saratoga Investama Sedaya Tbk(0.0%)
  • McKinley Capital Management LLC(0.0%)
  • Cornerstone Advisors, Inc. (Washington)(0.0%)

Address

  • Website: http://www.saratoga-investama.com
  • Address: Menara Karya, 15th Floor, Jalan H. R. Rasuna Said, Jakarta, 12950, Indonesia
  • Phone: +62.21.5794.4355

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