Asia300

PT Saratoga Investama Sedaya Tbk

Indonesia

  • 1m
  • 3m
  • 6m
  • 1y
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  • 5y
Mar 23, 2017
Prev close: 3,290
Mar 23, 2017
Market cap:
Market cap(USD):
8,925.66B
669.86M
Shares: 2,712.96M

Currency in IDR

Company profile

Market(Ticker): JKT(SRTG)
Sector:
Industry:
Miscellaneous
Investment Trusts/Mutual Funds
Full time employees: 129

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 2015

  • Local currency
  • US Dollar
Revenue 4,282.27B
Gross profit 957,182M
Operating income --
Income before tax 1,676.46B
Net income 923,407M
EBITDA --
Diluted EPS 341
Dividends per share 32
Total assets 16,701.44B
Total liabilities 5,220.65B
Total equity 10,531.92B
Operating cash flow 681,819M

Currency in IDR

Revenue 319.63M
Gross profit 71.44M
Operating income --
Income before tax 125.13M
Net income 68.92M
EBITDA --
Diluted EPS 0.02
Dividends per share 0.00
Total assets 1,211.56M
Total liabilities 378.72M
Total equity 764.01M
Operating cash flow 50.89M

Currency in USD

Valuation measures

Dec 2015

PER 11.75
ROA 5.67%
ROE 8.77%
Operating margin --
Profit margin 21.56%

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 FAMILY(31.5%)
  • SOERYADJAYA EDWIN(29.1%)
  • UNO SANDIAGA SALAHUDDIN(29.1%)
  • Aberdeen Asset Management (Asia) Ltd.(0.2%)
  • PT Saratoga Investama Sedaya Tbk(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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