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Non-Energy Minerals

PT Aneka Tambang Persero Tbk

  • 920.00 IDR
  • +15.00
  • +1.66%
  • Indonesia
    Apr 20, 2018
  • Ticker
    JKT(ANTM)
  • Prev. close
    905
  • Market cap (IDR)
    21,747.80B
  • Market cap (USD)
    1,567.13M
  • Shares
    24,030.80M

Company Background

Aneka Tambang, known as Antam, is a state-owned diversified mining company. It is Indonesia's largest producer of nickel, which is used for car components and kitchen utensils. The company also produces gold, silver and bauxite.

Antam has seen sales and profits plunge since Indonesia in January banned nickel ore exports. The company has since agreed with Freeport Indonesia, the local unit of U.S. based Freeport-McMoRan, to develop a copper-processing plant in Indonesia. Antam has also pushed efforts to expand its gold unit, but the business has been hit by softening prices.

Company Chairman R. Sukhyar is also the director general for coal and mineral resources at Indonesia's Ministry of Energy and Mineral Resources. At his government post, Sukhyar issues operating permits and fleshes out regulations. Tato Miraza, who joined Antam in 1992, was appointed president in 2013. The Indonesian government owns about 65% of Antam's shares.

Business Summary

PT Aneka Tambang Tbk engages in the exploration, exploitation, processing, refining, and marketing of minerals, precious metals, and coal. It operates through the following segments: Nickel, Gold and Refinery, Bauxite and Coal, and Head Office. The Nickel segment consists of ferronickel, and high-grade and low-grade nickel ore. The Gold and Refinery segment comprises of gold, silver mining, processing, refining and marketing as well precious metals refining services. The Bauxite and Coal segment operates the bauxite mine in Tayan, West Kalimantan; and produces ANTAM coal in Sarolangun mine in Jambi. The Head Office segment records financial income and expenses, income tax expenses, and other earnings and expenses. The company was founded on July 5, 1968 and is headquartered in Jakarta, Indonesia.

Financial Highlights

Dec 2017 IDRUSD
Revenue12,653.61B945.58M
Gross Profit1,539.09B115.01M
Operating income600,606.31M44.88M
Income before tax454,396.52M33.95M
Net income136,506.78M10.20M
EBITDA1,550.06B115.83M
Diluted EPS5.680.00
Dividends Per Share1.990.00
Total Assets30,014.27B2,212.21M
Total liabilities11,523.86B849.37M
Total equity18,490.38B1,362.84M
Operating cash flow1,551.12B115.91M
Currency in IDRCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 11,298.32B 9,420.63B 10,531.50B 9,106.26B 12,653.61B
Gross Profit 1,506.16B 729,740.56M 124,211.06M 740,789.28M 1,539.09B
Operating income 421,031.69M -137,062.72M -701,438.52M 3,959.90M 600,606.31M
Income before tax 48,079.57M -790,792.55M -1,668.77B 237,291.59M 454,396.52M
Net income 409,944.11M -743,530.13M -1,440.85B 64,810.32M 136,506.78M
EBITDA 1,216.06B 671,888.25M 67,943.10M 692,468.29M 1,550.06B
Diluted EPS 36.11 -65.51 -120 3 5.68
Dividends Per Share 8.12 0 0 0 1.99
Total Assets 21,865.11B 22,004.08B 30,356.85B 29,981.53B 30,014.27B
Total liabilities 9,071.62B 9,954.16B 12,040.13B 11,572.74B 11,523.86B
Total equity 12,793.46B 12,049.89B 18,316.69B 18,408.77B 18,490.38B
Operating cash flow 226,271.01M 828,790.32M 715,077.23M 1,102.70B 1,551.12B
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 1,081.38M 794.06M 786.09M 684.66M 945.58M
Gross Profit 144.15M 61.50M 9.27M 55.69M 115.01M
Operating income 40.29M -11.55M -52.35M 0.29M 44.88M
Income before tax 4.60M -66.65M -124.56M 17.84M 33.95M
Net income 39.23M -62.67M -107.54M 4.87M 10.20M
EBITDA 116.39M 56.63M 5.07M 52.06M 115.83M
Diluted EPS 0.00 -0.00 -0.00 0.00 0.00
Dividends Per Share 0.00 0 0 0 0.00
Total Assets 1,796.64M 1,776.67M 2,202.16M 2,225.38M 2,212.21M
Total liabilities 745.40M 803.72M 873.42M 858.98M 849.37M
Total equity 1,051.22M 972.94M 1,328.74M 1,366.39M 1,362.84M
Operating cash flow 21.65M 69.85M 53.37M 82.90M 115.91M

Valuation Measures

Dec 2017
PER110.03
ROA0.45%
ROE0.73%
Operating margin4.74%
Profit margin1.07%

Key executives

  • President Director: Arie Prabowo Ariotedjo
  • Operations Director: Hari Widjajanto
  • Finance Director: Dimas Wikan Pramudhito
  • VP-Information & Communication Technology: Zakri Muhammad
  • Vice President-Legal & Compliance: Listi Witanni

Shareholders

  • Government of Indonesia (65%)
  • Dimensional Fund Advisors LP (1.3%)
  • The Vanguard Group, Inc. (1.2%)
  • BlackRock Fund Advisors (0.5%)
  • BlackRock Advisors (UK) Ltd. (0.1%)
  • Parametric Portfolio Associates LLC (0.0%)
  • Global X Management Co. LLC (0.0%)
  • Deutsche Asset Management (Hong Kong) Ltd. (0.0%)
  • Dimensional Fund Advisors Ltd. (0.0%)
  • Old Mutual Global Investors (UK) Ltd. (0.0%)

Contact Details

  • Website:http://www.antam.com
  • Address: Gedung Aneka Tambang Tower A, Jalan Letjen T. B. Simatupang No. 1, Jakarta, 12530, Indonesia
  • Phone: +62.21.789.1234

Related Companies

  • Aceros Coyote SA de CV
  • PT International Mineral Capital
  • Asia Pacific Nickel Pty Ltd.
  • PT Dwimitra Enggang Khatulistiwa
  • PT Indonesia Chemical Alumina
  • PT Mega Citra Utama
  • PT Antam Resourcindo
  • PT Cibaliung Sumberdaya

Competitors

  • Nickel Asia Corp.
  • PT Central Omega Resources Tbk
Last Updated on 20 Apr, 2018

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