Consolidated Statements of Profit or Loss and Other Comprehensive Income
* (In million Rupiah)
| Remarks | 2018 | 2017 | 2016 | 2015 | 2014 | Growth (%) | CAGR 2014-2018 |
|---|---|---|---|---|---|---|---|
| Net Revenues | 6,930,628 | 5,362,263 | 3,481,732 | 2,652,622 | 3,277,195 | 29.25% | 20.59% |
| Cost of Revenues | (6,048,206) | (4,695,624) | (2,977,299) | (2,324,039) | (2,790,105) | 28.81% | 21.34% |
| Gross profit | 882,422 | 666,639 | 504,433 | 328,583 | 487,090 | 32.37% | 106.31% |
| Operating Expenses | (149,876) | (136,281) | (96,174) | (90,150) | (76,888) | 9.98% | 18.16% |
| Operating profit | 732,546 | 530,359 | 408,258 | 238,433 | 410,202 | 38.12% | 15.60% |
| Interest Income (Expenses) | (89,852) | (84,722) | (40,167) | (25,941) | 6,031 | 6.06% | 96.46% |
| Other Income (Expenses) | (23,442) | (26,135) | (27,251) | (12,780) | (3,408) | (10.30%) | 61.95% |
| Profit before Tax | 619,251 | 419,501 | 340,840 | 199,711 | 412,825 | 47.62% | 10.67% |
| Income Tax Expenses | (132,611) | (79,042) | (58,692) | (27,750) | (89,117) | 67.77% | 10.45% |
| Profit for the Year | 486,640 | 340,459 | 282,148 | 171,962 | 323,708 | 42.94% | 10.73% |
| Other Comprehensive Income (Expenses) | 3,380 | (2,042) | (3,520) | (13,216) | (5,045) | (265.52%) | (9.53%) |
| Comprehensive Income | 490,020 | 338,417 | 278,628 | 158,746 | 318,663 | 44.80% | 11.36% |
| INCOME ATTRIBUTABLE TO: | |||||||
| Owners of The Parent Entity | 486,353 | 337,124 | 273,007 | 174,056 | 329,813 | 44.27% | 10.20% |
| Non-Controlling Interest | 287 | 3,335 | 9,141 | (2,094) | (6,105) | (91.39%) | (53.44%) |
| Total Profit for the Year | 486,640 | 340,459 | 282,148 | 171,962 | 323,708 | 42.94% | 10.73% |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO: | |||||||
| Owners of The Parent Entity | 489,638 | 334,995 | 269,487 | 160,840 | 324,768 | 46.16% | 10.81% |
| Non-Controlling Interest | 382 | 3,422 | 9,141 | (2,094) | (6,105) | (88.84%) | (49.99%) |
| Total Comprehensive | 490,020 | 338,417 | 278,628 | 158,746 | 318,663 | (85.52%) | (37.38%) |
| Earnings Per Share (in full Rupiah) | 55.80 | 38.68 | 31.32 | 19.97 | 37.84 | 144.26% | 10.20% |
* (In million Rupiah)
Consolidated Statement of Financial Position
* (In million Rupiah)
| Remarks | 2018 | 2017 | 2016 | 2015 | 2014 | Growth (%) | CAGR 2014-2018 |
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | 5,870,714 | 4,351,377 | 2,439,937 | 2,454,909 | 2,127,365 | 34.92% | 28.89% |
| Fixed Asset | 2,947,961 | 2,679,459 | 2,219,224 | 1,997,515 | 1,671,205 | 10.02% | 15.25% |
| Other Non-Current Assets | 4,380 | 4,380 | 3,197 | 3,852 | 4,089 | 0.00% | 1.73% |
| Deferred Tax Assets | 1,312,528 | - | - | - | - | 100% | - |
| Investments in Associates | 25,614 | 25,374 | - | - | - | 0.95% | - |
| Investments in Joint Ventures | 31,796 | 7,386 | - | - | - | 330.49% | - |
| Total Assets | 8,881,778 | 7,067,976 | 4,663,078 | 4,456,276 | 3,802,659 | 25.66% | 23.62% |
| LIABILITIES | |||||||
| Current Liabilities | 5,248,086 | 4,216,314 | 1,863,794 | 1,793,465 | 1,509,857 | 24.47% | 36.54% |
| Non-Current Liabilities | 496,880 | 103,726 | 308,051 | 399,208 | 90,210 | (52.10%) | 53.20% |
| Total Liabilities | 5,744,966 | 4,320,041 | 2,171,845 | 2,192,672 | 1,600,067 | 32.98% | 37.65% |
| EQUITY | |||||||
| Total Equity | 3,136,812 | 2,747,935 | 2,491,233 | 2,263,603 | 2,202,592 | 14.15% | 9.24% |
| EQUITY ATTRIBUTABLE TO: | |||||||
| Owners of Parent Entity | 3,064,482 | 2,675,988 | 2,422,708 | 2,421,950 | 2,205,241 | 14.52% | 8.57% |
| Non-Controlling Interests | 72,330 | 71,947 | 68,525 | 58,184 | 59,454 | 0.53% | 5.02% |
| Investments in Subsidiaries | 356,615 | 356,615 | 356,615 | 356,615 | 269,812 | 0.00% | 7.22% |
| Net Working Capital | 622,628 | 135,063 | 576,144 | 661,444 | 617,508 | 360.99% | 0.21% |
Financial Ratios
| Remarks | Unit | 2018 | 2017 | 2016 | 2015 | 2014 | Growth (%) | CAGR 2014-2018 |
|---|---|---|---|---|---|---|---|---|
| LIQUIDITY RATIO | ||||||||
| Cash Ratio | % | 16.48% | 15.13% | 18.36% | 45.92% | 68.78% | 8.92% | (30.04%) |
| Quick Ratio | % | 88.88% | 78.68% | 93.65% | 102.17% | 110.59% | 12.96% | (5.32%) |
| Current Ratio | % | 111.86% | 103.20% | 130.91% | 136.88% | 140.90% | 8.39% | (5.61%) |
| Net Working Capital | % | 8.98% | 2.52% | 16.55% | 24.94% | 18.84% | 256.35% | (16.91%) |
| ACTIVITY RATIO | ||||||||
| Collection Period | days | 63.89 | 83.01 | 68.51 | 78.45 | 53.00 | (23.07%) | 4.78% |
| Inventory Turnover | times | 63.52 | 70.39 | 72.80 | 85.65 | 51.00 | (9.76%) | 5.64% |
| Receivable Turnover | times | 5.71 | 4.40 | 5.33 | 4.65 | 6.90 | 29.77% | (4.62%) |
| Current Asset Turnover | times | 1.18 | 1.23 | 1.43 | 1.08 | 1.50 | (4.07%) | (5.82%) |
| Fixed Assets Turnover | times | 2.35 | 2.00 | 1.57 | 1.33 | 2.00 | 17.5% | 4.11% |
| Total Asset Turnover | times | 80.02 | 81.05 | 79.95 | 63.32 | 95.36 | (1.27%) | (4.29%) |
| Working Capital Turnover | times | 11.13 | 39.70 | 6.04 | 4.01 | 5.30 | (71.96%) | 20.38% |
| LEVERAGE RATIO | ||||||||
| Debt to Asset Ratio | % | 64.68% | 61.12% | 46.58% | 49.20% | 42.10% | 5.82% | 11.33% |
| Times Interest Earned Ratio | % | 789.2% | 595.10% | 947.10% | 894.30% | 6,745.10% | 32.62% | (41.51%) |
| SOLVENCY RATIO | ||||||||
| Debt to Equity Ratio | % | 183.15% | 157.21% | 87.18% | 96.87% | 72.64% | 16.50% | 26.01% |
| RENTABILITY RATIO | ||||||||
| Gross Profit Margin | % | 12.73% | 12.43% | 14.49% | 12.39% | 14.86% | 2.41% | (3.79%) |
| EBITDA Margin | % | 13.49% | 12.74% | 14.86% | 17.79% | 15.00% | 5.89% | (2.62%) |
| Production Ratio | % | 89.43% | 90.11% | 88.27% | 88.27% | 87.48% | (0.75%) | 0.55% |
| Net Profit Margin | % | 7.02% | 6.35% | 8.10% | 6.48% | 10.06% | 10.55% | (8.60%) |
| Return on Investment (ROI) | % | 8.18% | 7.62% | 11.83% | 11.83% | 14.06% | 7.35% | (12.66%) |
| Return on Working Capital | % | 1.14% | 3.73% | 8.96% | 8.96% | 11.63% | (69.44%) | (11.89%) |
| Return on Equity Ratio (ROE) | % | 20.58% | 17.82% | 14.62% | 14.62% | 21.87% | 15.49% | (1.51%) |
| Return on Assets (ROA) | % | 5.48% | 4.77% | 5.98% | 3.56% | 8.38% | 14.88% | (4.50%) |