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  • J Resources Past Performance

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    Wina Meliessa
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    This document is about how J Resources as a gold mining company who are run their business with the strong pass performances

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    J Resources Past Performance_

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    This document is about how J Resources as a gold mining company who are run their business with the strong pass performances

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    © All Rights Reserved
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    20 views20 pages

    J Resources Past Performance

    Uploaded by

    Wina Meliessa
    This document is about how J Resources as a gold mining company who are run their business with the strong pass performances

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 20

    Fitri Aprioni

    Irene Mahadhika
    Johan Halim
    Nyala Dwis
    Merthania
    Ridwan Budiman
    Wina Meliessa

    Overview Financial
    Performance
    Financial Condition

    Overall Measures
    Investment Utilization

    Market Ratio

    LIQUIDITY
    RATIO
    92.94%

    90.43%

    49.85%
    38.61%

    42.93%

    29.28%
    26.93%

    12.87%
    6.32%

    15.09%

    11.20%
    2.66%

    Cash Asset Ratio

    Quick Ratio

    Current Ratio

    SOLVENCY
    RATIO
    210.53%

    200.34%
    161.41%

    101.04%
    50.26%
    44.77%

    67.80%

    66.70%

    63.26%

    57.89%

    D/E Ratio

    Debt/Capitalization

    Debt/Total Assets

    61.75%
    46.79%

    SOLVENCY RATIO
    CONTD
    22.28%
    18.83%

    15.44%

    -1.83%
    Cash Flow/Debt

    RETURN ON INVESTED CAPITAL (ROIC)

    2015
    6.98%

    2014

    2013

    6.46%

    -0.46%

    ROA & ROE

    J Resources

    ROA

    ROE

    Net Income dari J


    Resources bernilai
    negative di tahun 2013
    menyebabkan nilai rasio
    ROA dan ROE juga
    bernilai negative

    Common Size Balance Sheet


    (1)

    Common Size Balance Sheet (2)

    Common Size Balance Sheet


    (3)

    Common Size Income Statement

    PROFITABILITAS
    Rasio Profi tabilitas
    60%
    40%
    20%
    0%
    2013
    -20%
    -40%
    -60%

    2014

    2015

    J RESOURCES PROFITABILITY
    COMPARISON
    2015
    60%
    50%
    40%
    30%
    %
    20%
    10%
    0%
    J Resources
    -10%

    Darma Henwa

    Chifeng Jilong

    Antam

    Stock Split 1/7

    Stock Price : PSAB.JK

    RETURN
    COMPARISON

    RETURN COMPARISON

    Market
    Ratio
    PSAB.JK
    COMPARISON
    2015
    PER

    EV/
    EBITDA

    PBV

    PSAB

    16.81

    5.84

    13.7

    ANTM

    (51)

    15.8

    0.9

    DEWA

    166.3
    5

    3.93

    0.50

    CHIFJI

    18.08

    17.77

    3.86

    Comps

    Du Pont Analysis
    2013

    2014

    2015

    ROE

    -10.15%

    9.07%

    9.86%

    Equity Multiplier

    3.11

    3.00

    2.61

    Profit Margin

    -33.81%

    9.24%

    10.91%

    Total Asset TO

    0.1

    0.33

    0.35

    SALES

    11/21/16
    11/21/16
    11/21/16
    11/2
    1/16

    NET INCOME

    11/21/16

    11/2
    1/16

    11/2
    1/16

    11/21/16

    11/21/16

    11/2
    1/16

    11/2
    1/16

    11/21/16
    11/2
    1/16

    11/21/16
    11/21/16
    (11/21/16)
    11/21/16
    (11/21/16)

    11/21/16

    11/21/16

    11/21/16
    (11/21/16)

    11/21/16
    (11/21/16)

    11/21/16
    (11/21/16)

    11/21/16
    (11/21/16)

    1
    1
    1
    1
    1
    1
    1
    1
    2013
    2014
    /
    /
    /
    /
    2
    2
    2
    2
    1 CAPITAL
    1
    1
    1
    /
    /
    /
    /
    STRUCTURE
    1
    1
    1
    1
    6
    6
    6
    6

    1
    1
    1
    1
    2015
    /
    /
    2
    2
    Asset
    1
    1
    Equity
    /
    /
    Liablity
    1
    1
    6
    6

    Du Pont Analysis (Lanjutan)

    Analyst Coverage

    Firm
    : Religare Capital Markets SP Pte Ltd (Singapore)
    Analyst
    : Llyod Moffat
    Latest Analysis
    : November 1st 2016
    Recommendation : BUY
    Price Target
    : Rp 600,-

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