B
39
+2.63%
Close of 9 Nov 2026, in IDR
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At a glance
Figures in IDR, from our data supplier.
Revenue
IDR 50.08bn
FY2016FY2025
Net income
IDR 977.9m
FY2016FY2025
Free cash flow
−IDR 1.62bn
FY2016FY2025
Shareholders' equity
IDR 429.73bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | IDR 50.08bn | IDR 52.44bn | IDR 51.48bn | IDR 54.90bn | IDR 47.34bn | IDR 49.45bn | IDR 73.10bn | IDR 75.26bn | IDR 82.65bn | IDR 86.64bn |
| Gross profit | IDR 22.03bn | IDR 24.89bn | IDR 25.30bn | IDR 28.35bn | IDR 21.90bn | IDR 23.85bn | IDR 39.73bn | IDR 31.97bn | IDR 39.78bn | IDR 46.04bn |
| Operating income | IDR 7.68bn | IDR 9.51bn | IDR 12.24bn | IDR 40.56bn | IDR 3.76bn | IDR 5.97bn | IDR 19.43bn | IDR 9.47bn | IDR 10.17bn | IDR 7.14bn |
| Net income | IDR 977.9m | IDR 4.55bn | IDR 427.4m | −IDR 3.20bn | −IDR 10.46bn | −IDR 6.33bn | IDR 5.57bn | IDR 319.55bn | IDR 3.14bn | IDR 16.52bn |
| Diluted earnings per share | 0.31 | 1.46 | 0.14 | -1.03 | -3.35 | -2.03 | 1.78 | 284.05 | 1.01 | 5.29 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | IDR 591.35bn | IDR 587.96bn | IDR 582.64bn | IDR 582.57bn | IDR 583.58bn | IDR 582.81bn | IDR 587.50bn | IDR 525.78bn | IDR 200.59bn | IDR 11.01bn |
| Cash and short-term investments | IDR 443.3m | IDR 1.05bn | IDR 6.58bn | IDR 889.2m | IDR 3.60bn | IDR 28.66bn | IDR 37.61bn | IDR 5.55bn | IDR 1.61bn | IDR 5.68bn |
| Total liabilities | IDR 161.63bn | IDR 159.19bn | IDR 159.41bn | IDR 159.76bn | IDR 157.56bn | IDR 147.39bn | IDR 145.75bn | IDR 148.83bn | IDR 153.30bn | IDR 42.50bn |
| Debt | IDR 90.63bn | IDR 97.75bn | IDR 104.53bn | IDR 109.80bn | IDR 109.53bn | IDR 109.53bn | IDR 111.87bn | IDR 119.37bn | IDR 126.81bn | IDR 1.65bn |
| Shareholders' equity | IDR 429.73bn | IDR 428.78bn | IDR 423.23bn | IDR 422.81bn | IDR 426.02bn | IDR 435.41bn | IDR 441.75bn | IDR 376.95bn | IDR 47.29bn | IDR 199.41bn |
| Shares outstanding | 3,125m | 3,125m | 3,125m | 3,125m | 3,125m | 3,125m | 3,128m | 1,125m | 3,125m | 3,125m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −IDR 1.58bn | −IDR 1.49bn | IDR 1.54bn | IDR 1.77bn | −IDR 960.6m | −IDR 2.61bn | −IDR 7.79bn | IDR 11.59bn | IDR 8.14bn | IDR 23.77bn |
| Capital spending | −IDR 43.7m | −IDR 1.08bn | −IDR 76.3m | −IDR 3.12bn | −IDR 75.8m | −IDR 61.4m | −IDR 352.0m | −IDR 143.4m | −IDR 861.6m | −IDR 349.5m |
| Free cash flow | −IDR 1.62bn | −IDR 2.57bn | IDR 1.47bn | −IDR 1.36bn | −IDR 1.04bn | −IDR 2.67bn | −IDR 8.14bn | IDR 11.44bn | IDR 7.28bn | IDR 23.42bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | IDR 11.30bn | IDR 11.65bn | IDR 11.61bn | IDR 12.29bn | IDR 12.86bn | IDR 12.71bn | IDR 13.35bn | IDR 13.03bn |
| Gross profit | IDR 11.30bn | IDR 4.88bn | IDR 4.85bn | IDR 4.96bn | IDR 12.86bn | IDR 12.71bn | IDR 6.57bn | IDR 5.94bn |
| Operating income | IDR 2.01bn | IDR 1.57bn | IDR 909.7m | IDR 1.54bn | IDR 3.39bn | IDR 3.50bn | IDR 2.24bn | IDR 2.46bn |
| Net income | −IDR 1.16bn | −IDR 386.5m | IDR 12.8m | −IDR 470.4m | IDR 364.6m | IDR 1.07bn | IDR 3.90bn | IDR 304.9m |
| Diluted earnings per share | -0.37 | -0.12 | 0.00 | -0.15 | 0.12 | 0.34 | 1.25 | 0.10 |
| Cash from operations | −IDR 2.35bn | −IDR 1.22bn | −IDR 2.30bn | −IDR 795.0m | IDR 1.89bn | −IDR 369.0m | −IDR 3.75bn | IDR 1.91bn |
| Capital spending | −IDR 8.0m | −IDR 23.0m | −IDR 1.0m | −IDR 6.0m | −IDR 22.0m | −IDR 13.0m | −IDR 1.01bn | −IDR 661.0m |
| Free cash flow | −IDR 2.35bn | −IDR 1.24bn | −IDR 2.30bn | −IDR 801.0m | IDR 1.87bn | −IDR 382.0m | −IDR 4.76bn | IDR 1.25bn |
| Total assets | IDR 595.02bn | IDR 591.22bn | IDR 591.35bn | IDR 594.62bn | IDR 594.02bn | IDR 595.39bn | IDR 587.96bn | IDR 584.34bn |
| Cash and short-term investments | — | IDR 382.9m | IDR 443.3m | IDR 1.24bn | IDR 1.11bn | IDR 906.5m | IDR 1.05bn | IDR 2.54bn |
| Debt | — | IDR 6.60bn | IDR 90.63bn | IDR 92.17bn | IDR 88.42bn | IDR 88.42bn | IDR 97.75bn | IDR 99.05bn |
| Shareholders' equity | IDR 428.18bn | IDR 429.34bn | IDR 429.73bn | IDR 429.68bn | IDR 430.15bn | IDR 429.79bn | IDR 428.78bn | IDR 423.87bn |
Financial ratios
Data as of 5 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 44.0% | 47.5% | 49.2% | 51.6% | 46.3% | 48.2% |
| Operating margin | 19.1% | 18.1% | 15.6% | 13.7% | 7.9% | 12.1% |
| Net margin | 2.0% | 8.7% | 0.8% | -5.8% | -22.1% | -12.8% |
| Return on equity | 0.2% | 1.1% | 0.1% | -0.8% | -2.5% | -1.5% |
| Return on assets | 0.2% | 0.8% | 0.1% | -0.6% | -1.8% | -1.1% |
| Free cash flow yield | -0.9% | -0.2% | 0.9% | 2.8% | -0.5% | -1.5% |
| Revenue growth | -4.5% | 1.9% | -6.2% | 16.0% | -4.3% | -32.3% |
| Earnings growth | -78.5% | 964.3% | -113.3% | -69.4% | 65.3% | -213.7% |
| Current ratio | 0.26x | 0.16x | 1.95x | 0.26x | 1.26x | 12.78x |
| Debt to equity | 0.21x | 0.23x | 0.24x | 0.26x | 0.26x | 0.25x |
| Equity ratio | 72.7% | 72.9% | 72.6% | 72.6% | 73.0% | 74.7% |
| Interest coverage | 1.14x | 1.28x | 1.04x | 0.70x | 0.29x | 0.43x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.0% | 0.3% | — |
| Operating income | -42.6% | 5.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 45.8% | 48.1% | 47.9% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 220.5 | 35.0 | — | -65.3 | -31.1 | -50.9 | 37.6 |
| Price to sales | 4.3 | 3.0 | 4.5 | 3.8 | 6.9 | 6.5 | 2.9 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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