25
-3.85%
Close of 9 Nov 2026, in IDR
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At a glance
Figures in IDR, from our data supplier.
Revenue
IDR 7.25trn
FY2016FY2025
Net income
−IDR 152.21bn
FY2016FY2025
Free cash flow
IDR 47.78bn
FY2016FY2025
Shareholders' equity
−IDR 4.16bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | IDR 7.25trn | IDR 7.45trn | IDR 6.91trn | IDR 7.41trn | IDR 6.66trn | IDR 7.17trn | IDR 9.20trn | IDR 11.27trn | IDR 13.14trn | IDR 14.10trn |
| Gross profit | IDR 938.98bn | IDR 1.23trn | IDR 1.16trn | IDR 1.28trn | IDR 1.20trn | IDR 1.31trn | IDR 1.58trn | IDR 1.48trn | IDR 1.00trn | IDR 2.29trn |
| Operating income | −IDR 52.43bn | IDR 33.92bn | −IDR 110.84bn | −IDR 210.94bn | −IDR 44.40bn | −IDR 140.27bn | −IDR 196.10bn | −IDR 929.39bn | −IDR 1.56trn | IDR 177.04bn |
| Net income | −IDR 152.21bn | −IDR 118.11bn | −IDR 255.35bn | −IDR 429.63bn | −IDR 337.55bn | −IDR 405.31bn | −IDR 552.67bn | −IDR 898.27bn | −IDR 1.24trn | IDR 38.48bn |
| Diluted earnings per share | -11.74 | -9.11 | -19.69 | -50.68 | -44.83 | -53.83 | -73.40 | -119.31 | -231.21 | 7.16 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | IDR 3.59trn | IDR 3.56trn | IDR 3.64trn | IDR 3.78trn | IDR 4.65trn | IDR 4.51trn | IDR 3.82trn | IDR 4.81trn | IDR 5.43trn | IDR 6.70trn |
| Cash and short-term investments | IDR 248.97bn | IDR 255.49bn | IDR 250.25bn | IDR 320.49bn | IDR 752.59bn | IDR 299.81bn | IDR 304.30bn | IDR 349.46bn | IDR 373.01bn | IDR 248.70bn |
| Total liabilities | IDR 3.60trn | IDR 3.41trn | IDR 3.38trn | IDR 3.62trn | IDR 4.07trn | IDR 4.33trn | IDR 3.29trn | IDR 3.66trn | IDR 4.25trn | IDR 4.27trn |
| Debt | IDR 1.56trn | IDR 1.49trn | IDR 1.66trn | IDR 1.87trn | IDR 2.15trn | IDR 2.40trn | IDR 900.00bn | IDR 1.15trn | IDR 1.49trn | IDR 750.00bn |
| Shareholders' equity | −IDR 4.16bn | IDR 150.26bn | IDR 259.12bn | IDR 165.98bn | IDR 584.37bn | IDR 184.70bn | IDR 530.65bn | IDR 1.15trn | IDR 1.17trn | IDR 2.43trn |
| Shares outstanding | 12,967m | 12,967m | 12,967m | 8,478m | 7,529m | 7,529m | 7,529m | 7,529m | 5,378m | 5,378m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | IDR 89.54bn | IDR 451.32bn | IDR 8.65bn | IDR 57.85bn | IDR 411.72bn | IDR 475.62bn | IDR 450.15bn | −IDR 255.47bn | −IDR 142.53bn | IDR 582.58bn |
| Capital spending | −IDR 41.76bn | −IDR 32.28bn | −IDR 23.64bn | −IDR 18.13bn | −IDR 9.80bn | −IDR 18.70bn | −IDR 38.24bn | −IDR 24.53bn | −IDR 59.88bn | −IDR 93.45bn |
| Free cash flow | IDR 47.78bn | IDR 419.04bn | −IDR 14.99bn | IDR 39.72bn | IDR 401.91bn | IDR 456.92bn | IDR 411.91bn | −IDR 280.00bn | −IDR 202.41bn | IDR 489.13bn |
| Dividends paid | — | — | — | — | — | — | — | — | — | −IDR 139.83bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | IDR 1.80trn | IDR 2.20trn | IDR 1.78trn | IDR 1.70trn | IDR 1.58trn | IDR 2.19trn | IDR 1.76trn | IDR 1.65trn |
| Gross profit | IDR 345.04bn | IDR 269.52bn | IDR 257.21bn | IDR 232.70bn | IDR 293.83bn | IDR 324.10bn | IDR 305.85bn | IDR 209.01bn |
| Operating income | −IDR 59.15bn | IDR 35.91bn | IDR 20.52bn | −IDR 4.28bn | −IDR 2.88bn | IDR 10.20bn | IDR 27.67bn | −IDR 4.35bn |
| Net income | −IDR 35.95bn | IDR 1.82bn | −IDR 60.39bn | −IDR 32.97bn | −IDR 36.55bn | −IDR 22.30bn | −IDR 25.68bn | −IDR 35.08bn |
| Diluted earnings per share | -2.77 | 0.14 | -4.66 | -2.54 | -2.82 | -1.72 | -1.98 | -2.71 |
| Cash from operations | IDR 243.67bn | IDR 65.57bn | −IDR 66.88bn | IDR 23.64bn | IDR 6.72bn | IDR 158.43bn | IDR 164.38bn | IDR 82.39bn |
| Capital spending | −IDR 8.50bn | −IDR 15.60bn | −IDR 15.95bn | −IDR 10.36bn | −IDR 6.67bn | −IDR 8.79bn | −IDR 8.79bn | −IDR 4.42bn |
| Free cash flow | IDR 235.17bn | IDR 49.98bn | −IDR 82.83bn | IDR 13.28bn | IDR 50.0m | IDR 149.64bn | IDR 155.58bn | IDR 77.97bn |
| Total assets | IDR 3.10trn | IDR 3.21trn | IDR 3.59trn | IDR 3.21trn | IDR 3.28trn | IDR 3.77trn | IDR 3.56trn | IDR 3.31trn |
| Cash and short-term investments | IDR 249.98bn | IDR 248.60bn | IDR 248.97bn | IDR 200.97bn | IDR 240.18bn | IDR 460.88bn | IDR 255.49bn | IDR 204.90bn |
| Debt | IDR 819.23bn | IDR 975.09bn | IDR 1.74trn | IDR 1.40trn | IDR 1.41trn | IDR 1.64trn | IDR 1.49trn | IDR 1.49trn |
| Shareholders' equity | −IDR 37.38bn | −IDR 2.33bn | −IDR 4.16bn | IDR 58.44bn | IDR 91.41bn | IDR 127.95bn | IDR 150.26bn | IDR 166.69bn |
Financial ratios
Data as of 31 Aug 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 12.9% | 16.5% | 16.7% | 17.3% | 18.0% | 18.2% |
| Operating margin | -0.7% | 0.5% | -1.6% | -2.8% | -0.7% | -2.0% |
| Net margin | -2.1% | -1.6% | -3.7% | -5.8% | -5.1% | -5.7% |
| Return on equity | 3662.5% | -78.6% | -98.5% | -258.8% | -57.8% | -219.4% |
| Return on assets | -4.2% | -3.3% | -7.0% | -11.4% | -7.3% | -9.0% |
| Free cash flow yield | 23.5% | 86.7% | 5.8% | 20.8% | 130.2% | 152.7% |
| Revenue growth | -2.6% | 7.7% | -6.7% | 11.4% | -7.1% | -22.1% |
| Earnings growth | 28.9% | -53.7% | -40.6% | 27.3% | -16.7% | -26.7% |
| Current ratio | 0.81x | 0.78x | 0.75x | 0.67x | 0.84x | 0.56x |
| Debt to equity | -234.03x | 5.62x | 3.13x | 5.68x | 1.79x | 6.29x |
| Equity ratio | -0.1% | 4.2% | 7.1% | 4.4% | 12.6% | 4.1% |
| Interest coverage | -0.42x | 0.25x | -0.69x | -1.11x | -0.18x | -0.51x |
| Buybacks as a share of market value | 0.0% | 0.0% | -52.9% | -12.6% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.7% | 0.2% | -6.7% |
| Operating income | -37.1% | -17.9% | — |
| Net income | -29.2% | -17.8% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 14.8% | 15.9% | 16.6% | 15.1% |
| Operating margin | -0.1% | -1.2% | -1.2% | -2.6% |
| Net margin | -1.8% | -3.3% | -4.0% | -4.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -5.0 | -7.1 | -3.3 | -2.5 | -9.7 | -1.9 | -1.9 | -1.3 | -1.9 | 206.8 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.1 | 0.5 | 0.1 | 0.1 | 0.1 | 0.2 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 21 Apr 2016.
| FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2008 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.303 | 8.57 | 2.166 | 2.166 | 12.227 | 3.493 | 6.474 | 13.391 |
- 2-for-1 split · 15 Sept 1997
- 3-for-1 split · 7 Jun 1994
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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