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    Stock Price and Traded Chart

    331Institute for Economic and Financial Research

    Stock Price, Frequency, Trading Days, Number and Value of Shares Traded and Market Capitalization

    Automotive and Allied Product Automotiveand Allied Product

    330 Indonesian Capital Market Directory 2005

    Summary of Financial Statement

    No Type of Listing Listing Date Trading Date Number of Shares Total Listed per Listing Shares

    Trading Listed Market

    Month High Low Close Frequency Day Volume Value Shares Capitalization

    (Rp) (Rp) (Rp) (Thousand Shares) (Rp Million) (Rp Million)

    January-04 0 0 480 0 0 0.00 0.00 804,000,000 385,920.00February-04 475 475 475 2 1 36.00 17.00 8 04,000,000 381 900.00March-04 0 0 475 0 0 0.00 0.00 804,000,000 381,900.00

    April-04 485 475 485 5 3 86.00 41.00 804,000,000 389,940.00May-04 0 0 485 0 0 0.00 0.00 804,000,000 389,940.00June-04 0 0 485 0 0 0.00 0.00 804,000,000 389 940.00July-04 0 0 485 0 0 0.00 0.00 804,000,000 389,940.00

    August-04 490 465 465 5 2 12.00 6.00 804,000,000 373,860.00September-04 0 0 465 0 0 0.00 0.00 804,000,000 373,860.00October-04 475 475 475 1 1 13.00 6.00 804,000,000 381 900.00November-04 485 485 485 1 1 5.00 2.00 804,000,000 389,940.00December-04 465 460 460 3 1 13.00 6.00 8 04,000,000 369,840.00January-05 0 0 460 0 0 0.00 0.00 804,000,000 369,840.00February-05 0 0 460 0 0 0.00 0.00 804,000,000 369,840.00March-05 460 0 450 5 2 35.00 16.00 804,000,000 361,800.00

    April-05 450 445 445 15 2 135.00 61.00 804,000,000 357,780.00May-05 445 440 440 2 1 18.00 8.00 804,000,000 353,760.00June-05 0 0 440 0 0 0.00 0.00 804,000,000 353,760.00

    Stock Price Shares Traded

    1 First Issue 04-Dec-00 04-Dec-00 47,000,000 47,000,000

    2 Company Listing 04-Dec-00 04-Dec-00 87,000,000 134,000,000

    3 Bonus Shares 03-May-01 03-May-01 26,800,000 160,800,0004 Stock Split 07-Jan-02 07-Jan-02 643,200,000 804,000,000

    Head Office W isma ADR 2 ndFloorJl. Pluit R aya I N o. 1

    Jakarta 144 40

    Phon e (021) 661-0033, 669-0244

    Fax (021) 669-6237

    E-m ail: adr@ ad r-group .com

    http://w w w .ad r-grou p.com

    Factory Ka w asan Industri AD RJl. Ra ya LPP U . C urug N o. 88

    D esa K adujaya, BitungTange rang, Ba nten

    Phon e (021) 598-0157 (Hu nting)

    Fax (021) 598-1240

    Business Au tom otive C om pone nt Industry

    (O il, Air and Fu el Filter)

    Company Status P M D N

    Shareholders

    P T S ela ma t S empurna Tbk 64.93%

    P ublic 35.07%

    Underwriter

    PT Andalan Artha Advisindo Sekurit as

    Board of Commissioners

    President Commissioner S u r y a d i

    Commissioners Rudy Dharma, Djo jo Hartono

    Board of Directors

    President Director E d d y Ha r t ono

    Dire ctors Handi Hidayat Suwa rdi, Ang Andri Pribadi

    Nu mb er of Em ploy ees 473

    PT Andhi Candra Automotive Products Tbk.PT Andhi Candra Automotive Products Tbk.

    PT. Andhi Chandra Automotive Products Tbk.

    Net sales in 2004 rose to Rp 188 billion from Rp142 billion in 2003. Net profit also rose from Rp 14 billion to Rp 20 bil-

    lion.

    The company was incorporated on 26 January 1976 withthe main activities as filters products manufacturer. In 1987, Eddy Hartono,

    the founder of ADR Group, took over the share ownership in the company.

    Since 1988, the company has been supported by a technical assistance fromthe world foremost filter manufacturer, Tokyo Roki Co. Ltd., Japan for

    production and distribution filters in Indonesia. T he company has becomethe supplier for Original Equipment Manufacturing OEM and OriginalEquipment Spare parts OES, such as: Daihatsu, Hino, Honda, Hyundai,

    Isuzu, Mazda, Mitsubishi, and Suzuki. The company consistenly apply the

    quality management system in all level of production based on ISO 9002from KEMA Registered Quality, which was obtained in June 1999. More-over, in November 2000, the company successfully obtained ISO 9002 and

    QS 9000 certificates from SGS Yarsley International. On November 2000,the company offered a portion of its shares to the public trough Jakarta

    Stock Exchange to make an expansion by increasing its production capacityand working capital.

    (million rupiah)

    2002 2003 2004

    Total Assets 1 38 ,4 63 1 47 ,9 05 1 44 ,9 33

    Current Assets 81,553 95,402 92,243

    of which

    Cash on hand and in banks 35,172 37,479 1,247

    Trade receivables 16,727 21,011 35,564

    Inventories 22,401 26,726 44,623

    Non-Current Assets 56,910 52,504 52,690

    of which

    F ixed Assets-Net 52,417 48,983 49,298

    Other Assets 1,840 1,751 1,826

    Liabilities 19,449 24,516 29,418

    Current Liabilities 13,063 16,388 19,830

    of which

    Trade payable 10,280 11,443 12,402

    A ccrued expenses 488 1,474 2,330

    Taxes Payable 744 468 1,005

    Long-term Liabilities 6,386 8,128 9,588

    Shareholders' Equity 1 19 ,0 14 1 23 ,3 90 1 15 ,5 15

    Paid-up capital 80,400 80,400 80,400

    Paid-up capital

    in excess of par value 15,097 15,097 15,097

    Retained earnings 23,517 27,892 20,018

    Net Sales 1 28 ,4 12 1 42 ,6 98 1 88 ,1 90

    Cost of Good Sold 106,711 116,073 153,001

    Gross Profit 21,701 26,626 35,188

    Operating Expenses 9,834 11,075 12,277

    Operating Profit 11,867 15,550 22,912

    Other Income (Expenses) 3,673 2,997 3,587

    Profit before Taxes 15,540 18,548 26,499

    Profit after Taxes 11,605 14,008 20,441

    Per Share Data (Rp)

    Earnings per Share 14 17 25

    Equity per Share 148 153 144

    Dividend per Share 13 25 10

    Closing Price 450 480 460

    Financial Ratios

    PER (x) 31.18 27.55 18.09

    PBV (x) 3.04 3.13 3.20

    Dividend Payout (%) 86.60 143.49 39.33

    Dividend Yield (%) 2.78 5.21 2.17

    Current Ratio (x) 6.24 5.82 4.65

    Debt to Equity (x) 0.16 0.20 0.25

    Leverage Ratio (x) 0.14 0.17 0.20

    Operating Profit Margin (x) 0.09 0.11 0.12

    Net Profit Margin (x) 0.09 0.10 0.11

    Inventory Turnover (x) 0.44 0.41 0.28

    Total Assets Turnover (x) 0.93 0.96 1.30

    ROI (%) 8.38 9.47 14.10

    ROE (%) 9.75 11.35 17.70

    PER = 17.31x ; PBV = 3,06x (June 2005)Financial Year: December 31

    Public Accountant: Drs. Joseph Susilo (2003); Dedy Zeinirwan Santosa (2004)

    Stock Price (Rp) Thousand Shares

    410

    420

    430

    440

    450

    460

    470

    480

    490

    Jan-04

    Feb-

    04

    Mar-

    04

    Apr-

    04

    May-

    04

    Jun-

    04

    Jul-

    04

    Aug-

    04

    Sep-

    04

    Oct-

    04

    Nov-

    04

    Dec-

    04

    Jan-

    05

    Feb-

    05

    Mar-

    05

    Apr-

    05

    May-

    05

    Jun-

    05

    -

    0

    0

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