Consolidated Statements of Profit or Loss and Other Comprehensive Income
* (In million Rupiah)
Description | 2018 | 2019 | 2020 | 2021* | 2022 | Growth (%) | CAGR (%) 2018-2022 |
---|---|---|---|---|---|---|---|
Operating Revenues | 6,930,628 | 7,083,384 | 4,803,359 | 4,458,987 | 6,003,788 | 34.64 | (3.53) |
Cost of Revenues | (6,048,206) | (6,132,667) | (4,493,836) | (4,221,917) | (5,486,630) | 29.96 | (2.41) |
Gross Profit | 882,422 | 950,717 | 309,523 | 237,070 | 517,158 | 118.15 | (12.50) |
Operating Expenses | (149,876) | (155,311) | (125,126) | (117,560) | (117,294) | (0.23) | (5.94) |
Operating Income | 732,546 | 795,406 | 184,397 | 119,510 | 399,864 | 234.59 | (14.05) |
Interest Income (Expenses) | (89,853) | (137,685) | (89,216) | (74,645) | (78,139) | 4.68 | (3.43) |
Other Income (Expenses) | (23,442) | (31,450) | 35,324 | 36,480 | (72,219) | (297.97) | 32.48 |
Profit Before Tax | 619,251 | 626,271 | 130,505 | 81,345 | 249,506 | 206.73 | (20.33) |
Income Tax Benefit (Expense) | (132,611) | (115,559) | (7,358) | 2,699 | (78,446) | (3006.48) | (12.30) |
Impact of Proforma Adjustment on Restructuring Transaction of Entities under Common Control | - | - | - | (2,610) | - | (100.00) | 0.00 |
Net Income for the Year | 486,640 | 510,712 | 123,147 | 81,434 | 171,060 | 110.06 | (23.00) |
Other Comprehensive Income (Expenses) | 3,380 | 6,860 | (2,157) | 1,511 | (81) | (105.36) | (100.30) |
Comprehensive Income | 490,020 | 517,572 | 120,990 | 82,945 | 170,979 | 106.14 | (23.14) |
Income Attributable to: | |||||||
Owners of the Parent Entity | 486,353 | 512,347 | 128,052 | 82,908 | 162,916 | 96.50 | (23.92) |
Non-Controlling Interest | 287 | (1,635) | (4,905) | (1,474) | 8,144 | (652.51) | 130.80 |
Total Income for the Year | 486,640 | 510,712 | 123,147 | 81,434 | 171,060 | 110.06 | (23.00) |
Comprehensive Income Attributable to: | |||||||
Owners of the Parent Entity | 489,638 | 519,156 | 125,738 | 84,366 | 162,820 | 92.84 | (24.08) |
Non-Controlling Interest | 382 | (1,584) | (4,748) | (1,421) | 8,159 | (683.24) | 115.82 |
Total Comprehensive Income | 490,020 | 517,572 | 120,990 | 82,945 | 170,979 | 106.14 | (23.14) |
Earnings per Share (in full amount of Rupiah) | 55.80 | 58.79 | 14.69 | 9.51 | 18.69 | (96.53) | (23.92) |
*Restated
Statement of Financial Position
* (In million Rupiah)
Description | 2018 | 2019 | 2020* | 2021* | 2022 | Growth (%) | CAGR (%) 2018-2022 |
---|---|---|---|---|---|---|---|
ASSETS | |||||||
Current Assets | 5,870,714 | 7,168,913 | 5,408,852 | 5,650,194 | 6,149,561 | 8.84 | 1.17 |
Fixed Assets | 2,947,961 | 3,012,075 | 3,128,818 | 3,241,900 | 3,070,650 | (5.28) | 1.02 |
Investment Property | 4,380 | 79,408 | 81,544 | 125,806 | 187,622 | 49.14 | 155.83 |
Other Non-Current Assets | 0 | 21,419 | 11,653 | 24,692 | 25,500 | 3.27 | - |
Deferred Tax Assets | 1,313 | 3,911 | 27,132 | 32,306 | 7,332 | (77.30) | 53.72 |
Investment in Associates | 25,614 | 30,323 | - | - | - | - | (100.00) |
Investment in Joint ventures | 31,796 | 21,847 | 12,065 | 7,613 | 6,864 | (9.84) | (31.84) |
Total Assets | 8,881,778 | 10,337,895 | 8,670,064 | 9,082,511 | 9,447,529 | (4.02) | 1.56 |
LIABILITIES | |||||||
Current Liabilities | 5,248,086 | 6,195,055 | 4,833,351 | 5,055,794 | 5,472,903 | 8.25 | 1.05 |
Non-Current Liabilities | 496,880 | 634,394 | 411,824 | 541,906 | 336,805 | (37.85) | (9.26) |
Total Liabilities | 5,744,966 | 6,829,449 | 5,245,175 | 5,597,700 | 5,809,708 | 3.79 | 0.28 |
EQUITY | |||||||
Total Equity | 3,136,812 | 3,508,446 | 3,424,889 | 3,484,811 | 3,637,821 | 4.39 | 3.77 |
Equity Attributable to: | |||||||
Owners of the Parent Entity | 3,064,482 | 3,437,718 | 3,359,030 | 3,420,383 | 3,528,497 | 3.16 | 3.59 |
Non-Controlling Interest | 72,330 | 70,728 | 65,859 | 64,428 | 109,323 | 69.68 | 10.88 |
Net Working Capital | 622,628 | 973,857 | 541,588 | 594,400 | 676,658 | 13.84 | 2.10 |
*Restated
Statement of Cash Flows
* (In million Rupiah)
Description | 2018 | 2019 | 2020 | 2021* | 2022 | Growth (%) | CAGR (%) 2018-2022 |
---|---|---|---|---|---|---|---|
ASSETS | |||||||
Cash Flows Provided by Operating Activities | 733,960,828 | 1,265,375,999 | 802,864,856 | 35,050,953 | 26,320,844 | (24.91) | (56.48) |
Cash Flows Used for Investing Activities | (439,848,570) | (370,107,885) | (281,518,460) | (183,935,057) | (145,874,632) | (20.69) | (24.11) |
Cash Flows Provided by (Used for) Financing Activities | (66.851.214) | (158,003,805) | (581,409,923) | 313,061,554 | (108,355,936) | (134.61) | 12.83 |
Beginning Balance of Cash and Cash Equivalent | 637,755,397 | 865,016,441 | 1,602,280,750 | 1,602,043,858 | 1,766,221,308 | 10.25 | 29.00 |
Ending Balance of Cash and Cash Equivalent | 865,016,441 | 1,602,280,750 | 1,542,217,223 | 1,766,221,308 | 1,538,311,584 | (12.90) | 15.48 |
*Restated
Financial Performance & Growth Ratio
Description | 2018 | 2019 | 2020 | 2021* | 2022 | Unit | ||
---|---|---|---|---|---|---|---|---|
LIQUIDITY RATIO | ||||||||
Cash Ratio | 16.48% | 25.86% | 32.77% | 34.93% | 28.11% | % | ||
Quick Ratio | 88.88% | 97.18% | 94.64% | 91.92% | 92.76% | % | ||
Current Ratio | 111.86% | 115.72% | 111.51% | 111.76% | 112.36% | % | ||
Net Working Capital | 8.98% | 13.75% | 11.28% | 13.33% | 11.27% | % | ||
ACTIVITY RATIO | ||||||||
Collection Period | 63.89 | 67.48 | 54.57 | 66.06 | 48.55 | days | ||
Inventory Turnover | 63.52 | 59.17 | 60.32 | 82.09 | 65.23 | days | ||
Receivable Turnover | 5.71 | 5.41 | 7.59 | 5.53 | 7.52 | times | ||
Current Asset Turnover | 1.18 | 0.99 | 0.92 | 0.79 | 0.98 | times | ||
Fixed Assets Turnover | 2.35 | 2.35 | 1.63 | 1.37 | 1.96 | times | ||
Total Asset Turnover | 0.80 | 0.70 | 0.58 | 0.50 | 0.64 | times | ||
Working Capital Turnover | 11.13 | 7.27 | 8.35 | 7.50 | 8.87 | times | ||
LEVERAGE RATIO | ||||||||
Debt to Asset Ratio | 64.68% | 66.06% | 60.15% | 61.63% | 61.49% | % | ||
Times Interest Earned Ratio | 789.19% | 554,86% | 246.28% | 208.98% | 419.31% | % | ||
SOLVABILITY RATIO | ||||||||
Debt to Equity Ratio | 183.15% | 194.66% | 150.96% | 160.63% | 159.70% | % | ||
RENTABILITY RATIO | ||||||||
Gross Profit Margin | 12.73% | 13.42% | 6.44% | 5.32% | 8.61% | % | ||
EBITDA Margin | 13.49% | 14.21% | 8.73% | 7.07% | 8.61% | % | ||
Production Ratio | 89.43% | 88.77% | 96.16% | 97.32% | 93.34% | % | ||
Net Profit Margin | 7.02% | 7.23% | 2.67% | 1.83% | 2.85% | % | ||
Return on Investment (ROI) | 10.71% | 9.91% | 5.31% | 3.53% | 5.50% | % | ||
Return on Equity (ROE) | 20.01% | 18.63% | 4.35% | 2.38% | 4.85% | % | ||
Return on Assets (ROA) | 5.48% | 4.94% | 1.45% | 0.93% | 1.81% | % |
*Restated