Financial Highlights

In billion Rupiah unless earnings per share*
Description 2019 2018 2017 2016 2015
Consolidated Statement Of Comprehensive Income
Net Sales 4,567.51 5,822.50 3,899.29 1,929.46 1,431.94
Cost of Sales (4,102.33) (5,225.75) (3,435.52) (1,692.75) (1,269.26)
Gross Profit 465.18 596.76 463.77 236.71 162.68
Operating Expenses (70.99) (78.37) (56.37) (41.07) (26.84)
Other income (62.97) (86.22) (29.67) (15.79) (16.72)
Gain (loss) of fair value of investment property 66.48 - - - -
Other expenses (1.79) (38.46) (29.38) (25.12) (7.59)
Financial expense (20.39) (0.47) (15.37) (10.28) (0.42)
Final tax expenses (140.68) (173.43) (118.11) (57.80) (43.44)
Profit from join venture 96.71 51.43 21.46 24.99 6.96
Foreign Exchange Gain (Loss) (0.68) 1.09 - - -
Profit Before Income Tax 456.80 444.78 295.68 143.23 108.06
Income tax expenses (0.43) (0.28) 0.06 - -
Profit for the Year 456.37 444.50 295.75 143.23 108.06
Other Comprehensive Income After Tax (0.51) 24.96 (8.65) (2.71) 2.46
Total comprehensive income for the year 455.86 469.46 287.09 140.52 110.52
Income attributable to:
Equity holders of the parent entity 451.66 444.25 294.87 143.23 108.06
Income attributable to non-controlling interest 4.71 0.25 0.87 0.00 0.00
Comprehensive income attributable to:
Equity holders of the parent entity 451.15 469.10 286.22 140.52 110.52
Non controlling interest 4.71 0.36 0.87 0.00 0.00
Earnings per Share (Rupiah) 47.19 46.41 49.02 14.96 11.29
Consolidated Statement Of Financial Position
Current Assets 5,087.15 5,274.57 4,169.74 1,682.86 1,232.00
Non-current Assets 1,110.17 615.72 437.99 346.08 118.27
Total Assets 6,197.31 5,890.30 4,607.73 2,028.94 1,350.27
Current Liabilities 3,057.90 2,880.21 2,152.11 912.78 454.63
Non-Current Liabilities 680.01 873.26 731.87 470.91 608.49
Total Liabilities 3,737.91 3,753.47 2,883.99 1,383.69 1,063.12
Equity 2,459.40 2,136.83 1,723.74 645.25 287.14
Total Investment in Associates 126.17 1.17 0.54 0.54 0.54
Total investment in joint ventures 312.34 231.58 162.56 149.23 29.07
Consolidated Statement Of Cash Flows
Net cash provided by (used in) operating activities 139.27 878.80 636.51 228.32 42.91
Net cash provided by (used in) investing activities 493.46 134.17 59.45 221.64 73.18
Net cash provided by (used in) financing activities 45.17 678.55 982.31 485.56 15.20
Increase (decrease) of cash and cash equivalents (309.02) 66.08 1,559.37 35.60 (15.07)
Effect of foreign exchanges in cash and cash equivalents (0.68) 1.09 - - -
Beginning balance of cash and cash equivalents 1,765.91 1,698.74 139.36 103.76 118.83
Ending balance of cash and cash equivalents 1,456.21 1,765.91 1,698.74 139.36 103.76
Financial Performance & Growth Ratio
Profitability ratio (%)
Return on equity 18.56 20.80 17.16 22.20 37.63
Return on investment 16.03 24.26 23.63 30.32 47.30
Return on assets 7.36 7.55 6.42 7.06 8.00
Liquidity ratios (%)
Cash ratio 47.69 61.31 78.93 15.27 22.82
Current ratio 166.36 183.13 193.75 184.37 270.99
Quick ratio 154.58 172.76 178.78 143.67 220.50
Activity ratio
Collectibility (days) 69.74 61.39 88.33 77.60 75.44
Total assets turn over (x) 0.74 0.99 0.85 0.95 1.06
Working capital turnover (x) 2.25 2.43 1.93 2.51 1.84
Solvability Ratio (%)
Debt to Equity Ratio 1.52 1.76 1.67 2.14 3.70
Debt to Total Assets Ratio 0.60 0.64 0.63 0.68 0.79
Total Equity to Total Assets Ratio 0.40 0.36 0.37 0.32 0.21
Margin (%)
Gross profit margin 10.18 10.25 11.89 12.27 11.36
Operating profit margin 8.63 8.90 10.45 10.14 9.46
Net profit margin 9.99 7.63 7.58 7.42 7.55
Growth (%)
Net Sales 21.55 49.32 102.09 34.74 17.48
Gross Profit 22.05 28.67 95.92 45.51 35.23
Operating Income 23.96 27.24 108.24 44.03 33.56
Net Income 2.67 50.30 106.49 32.54 64.53
Income attibutable to equity holders of the parent entity 1.67 50.66 105.88 32.54 64.53
Equity 15.10 23.96 167.14 124.71 46.48
Total Assets 5.21 27.84 127.10 50.26 33.36