I. Company Profile
United Tractors was established on October 13th, 1972. The Company which is domiciled in Jakarta with 18 branches, 17 site offices and 12 representative offices throughout Indonesia is known as the largest distributor of heavy equipment in Indonesia. United Tractors plays an active role in the field of mining contacting and coal mining business.
The three major business units in united contractors are Construction Machinery, Mining, Contracting and Mining. The main activities of the Company include sales and rental of heavy equipment and related after sales services, mining and mining contracting. Included in the mining contracting is integrated mining contracting service. It is the sole distributor of Komatsu construction machinery, including Nissan Diesel heavy duty trucks, Scania, Bomag vibratory rollers, Valmet, Timberjack forestry equipment and Tadano cranes.
The business unit is also supported by subsidiaries that provide related products and services, such as PT United Tractors Pandu Engineering (UTPE), PT Komatsu Remanufacturing Asia (KRA), PT Bina Pertiwi (BP) and PT Multi Prima Universal (MPU).
UT Vision |
To be the world class solution-driven company in heavy equipment, mining, and energy for the benefit of stakeholders |
UT Mission |
To become a company that : |
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Composition of shareholders as of 31 December 2010, total shares outstanding was3,326,877,283 shares owned by 3,769 shareholders.
Institution | Amount of Shares | Percentage |
PT Astra International Tbk | 1,979,391,158 | 59.50 |
Public (below 5% ownership each) | 1,347,486,125 | 40.50 |
Total | 3,326,877,283 | 100.00 |
II. Financial ratio analysis
a. Liquidity
B. Efficiency
4. Profitability Ratio
Basically, we can say that overall financial ratio in United Tractors from 2005-2010 are quite good, as we have elaborate above almost all of the ratio have a good result. So in conclusion we can say that United tractors have good financial condition.
III. Closing price and stocks sales volume of United Tractors Tbk.
Generally, we can conclude that the two graph, volume and closing price have very strong correlation, because like the theory that we have elaborate in the paper, the volume and closing price of the stock have influence each other.
IV. Relation between company financial condition and stock price
We can conclude that company financial conditions give an impact to the stock price. But we emphasize the company financial conditions not the only one factors that influence the stock price.
I. Conclusion
From all that we have analyze and elaborate about United Tractors financial, stock, income and sales volume, we have conclusion as below
1. Financial Ratio
Basically, we can say that overall financial ratio in United Tractors from 2005-2010 are quite good, as we have elaborate above almost all of the ratio have a good result like in liquidity ratio. We can see that all three result of the liquidity analysis show a good condition and that means United Tractors can fullfill their short-term liabilities. Second, the efficiency ratio shows also a good result, all the diagram shows that the company can efficiently generate it’s assets to get revenue.
From the leverage ratio shows that the company can manage to decrease the risk of United Tractors. From year to year the company keep improving and they manage to lower the risk in their company. And the last is from profitability ratio that the result are quite good, in the range of time from 2005-2010 United Tractors has two significant condition. First in 2006 when the ratio is decreasing and get the lowest point, but after that United Tractors can make their profitability keep increasing until get the highest point in 2009. Means that United Tractors is good on their investment, so they don’t need long time to be revive and get the highest profit.
2. Analysis about the Graph
Generally, we can conclude that the two graph, volume and closing price have very strong corelation, because like the theory that we have elaborate in the paper, the volume and closing price of the stock have influence each other. For example, at the 31st March 2011, volume on the sales increase because United Tractors give 30% discount on the stock price. In the graph, we can see also how big influence of external and internal parties to the stock. In above, we already give the prove about when the closing price and volume are increase or decrease, it’s influence both external and internal factors.
3. Last, the Relation between Company Financial Conditions and Stock Prices
Briefly, we can conclude that company financial conditions give an impact to the stock price. We can say that if the company financial conditions is good, then the stock price will have tendency to goes up, and if that happen the opposite so the stock price will have tendency to goes down. But, we emphasize that this is not the only one factors that influence the stock price, there’s also several factors that influence too.
