Asia300

PT Wijaya Karya Tbk

Indonesia

  • 1m
  • 3m
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  • 1y
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Mar 24, 2017
Prev close: 2,460
Mar 24, 2017
Market cap:
Market cap(USD):
22,066.1B
1,655.8M
Shares: 8,969.95M

Currency in IDR

Company profile

Market(Ticker): JKT(WIKA)
Sector:
Industry:
Industrial Services
Engineering & Construction
Full time employees: 2,187

Business summary

PT Wijaya Karya Tbk is a holding company, which engages in the provision of construction, engineering, mining, and other related services. It operates through the following segments: Infrastructure and Building; Energy and Industrial Plant; Industry; and Realty and Property. The Infrastructure and Building segment consists of civil construction services such as general construction and infrastructure, roads, bridges, harbours, airports, dams, irrigations, and buildings. The Energy and Industrial Plant segment include energy and engineering, procurement and construction, field operations, and maintenance services of power plants. The Industry segment focuses on concrete precast such as piles, girder, rail pad, steel construction, automotive spare parts, energy conversion product, and mining industry. The Realty and Property segment comprises landed housing and high risk buildings such as apartment and condotel management. The company was founded on March 11, 1960 and is headquartered in Jakarta, Indonesia.

Company background

State-owned Wijaya Karya is Indonesia's largest construction company. Its business includes construction of buildings, bridges and toll roads. The company also operates units involved in power plant engineering, real estate and mining.

In late October, former chairman Basuki Hadimuljono was appointed as a member of Indonesian President Joko Widodo's cabinet. Hadimuljono, who became chairman in 2012, now serves as the government's public works and public housing minister. Bintang Perbowo has been Wijaya Karya's president since 2008 and previously served as the company's finance director.

Wijaya Karya was established in 1960 as an electrical and water pipe installation company. It went public in 2007. Indonesia's government owns about 65% of its shares.

In April 2014, Wijaya Karya listed shares of its precast concrete subsidiary, Wijaya Karya Beton, which became one of the country's largest IPOs of the year. Part of the proceeds was used to acquire a local concrete producer.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 15,668.83B
Gross profit 2,227.10B
Operating income 1,288.75B
Income before tax 1,230.49B
Net income 1,009.72B
EBITDA 1,581.01B
Diluted EPS 114
Dividends per share 33.86
Total assets 31,096.53B
Total liabilities 18,597.82B
Total equity 11,351.88B
Operating cash flow -1,119.60B

Currency in IDR

Revenue 1,178.07M
Gross profit 167.44M
Operating income 96.89M
Income before tax 92.51M
Net income 75.91M
EBITDA 118.86M
Diluted EPS 0.00
Dividends per share 0.00
Total assets 2,308.14M
Total liabilities 1,380.42M
Total equity 842.59M
Operating cash flow -84.17M

Currency in USD

Valuation measures

Dec 2016

PER 20.70
ROA 3.98%
ROE 12.84%
Operating margin 8.22%
Profit margin 6.44%

Key executive

  • President Director: Bintang Perbowo
  • Director-Operation II: Bambang Pramujo
  • Director-Operation III: Destiawan Soewardjono
  • Director-Operations I: Gandira Gutawa Sumapraja
  • Director-Finance: Adji Firmantoro

Share holders

  • Government of Indonesia(48.1%)
  • Baring Asset Management (Asia) Ltd.(1.0%)
  • The Vanguard Group, Inc.(0.8%)
  • Dimensional Fund Advisors LP(0.4%)
  • BlackRock Fund Advisors(0.3%)
  • DNB Investment Advisory Services (India) Private Ltd.(0.2%)
  • Parametric Portfolio Associates LLC(0.1%)
  • PT Manulife Asset Management Indonesia(0.1%)
  • PT Batavia Prosperindo Aset Manajemen(0.1%)
  • Calamos Advisors LLC(0.1%)

Address

  • Website: http://www.wika.co.id
  • Address: Jalan D. I. Panjaitan Kavling 9, Jakarta, 13340, Indonesia
  • Phone: +62.21.819.2808

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