PT Astra International Tbk
Company Background
Since the sudden death of former President Michael D. Ruslim in 2010, Indonesian conglomerate Astra International has been led by Prijono Sugiarto, who was previously a sales engineering manager for Daimler-Benz Indonesia. The company's net profit fell for the first time in seven years in 2013, encouraging Sugiarto to further diversify. By boosting infrastructure and agricultural projects, he plans to raise Astra's capital spending in 2014 to an all-time high of 20 trillion rupiah ($1.6 billion).
Astra is a bellwether of Indonesian economy, not only due to its size but because most of its major subsidiaries, which are involved in businesses ranging from mining, to plantation farming, to banking, are listed on the local stock market. Analysts estimate the group constitutes nearly 10% of the total market capitalization of Indonesia's listed companies.
50.1% of Astra's shares are owned by the automotive subsidiary of Asian conglomerate Jardine Matheson Holdings, which also controls Indonesia's biggest super market chain and the Mandarin Oriental Hotel Group.
Business Summary
Financial Highlights
Dec 2022 | IDR | USD |
Revenue | 301,379.00B | 20,291.82M |
Gross Profit | 68,341.00B | 4,601.39M |
Operating income | 42,201.00B | 2,841.39M |
Income before tax | 50,390.00B | 3,392.75M |
Net income | 28,944.00B | 1,948.79M |
EBITDA | 56,102.00B | 3,777.34M |
Diluted EPS | 714.94 | 0.04 |
Dividends Per Share | 640 | 0.04 |
Total Assets | 413,297.00B | 26,548.70M |
Total liabilities | 169,577.00B | 10,893.01M |
Total equity | 192,142.00B | 12,342.50M |
Operating cash flow | 42,128.00B | 2,836.47M |
Currency in IDR | Currency in USD |
Historical Data
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 239,205.00B | 237,166.00B | 175,046.00B | 233,485.00B | 301,379.00B |
Gross Profit | 49,675.00B | 48,980.00B | 36,918.00B | 49,293.00B | 68,341.00B |
Operating income | 26,868.00B | 26,184.00B | 12,870.00B | 25,533.00B | 42,201.00B |
Income before tax | 34,995.00B | 34,054.00B | 21,741.00B | 32,350.00B | 50,390.00B |
Net income | 21,673.00B | 21,707.00B | 16,164.00B | 20,196.00B | 28,944.00B |
EBITDA | 36,290.00B | 39,636.00B | 27,927.00B | 39,681.00B | 56,102.00B |
Diluted EPS | 535.34 | 536.18 | 399.26 | 498.86 | 714.94 |
Dividends Per Share | 214.13 | 214 | 114 | 239 | 640 |
Total Assets | 344,711.00B | 351,958.00B | 338,203.00B | 367,311.00B | 413,297.00B |
Total liabilities | 170,348.00B | 165,195.00B | 142,749.00B | 151,696.00B | 169,577.00B |
Total equity | 136,947.00B | 147,847.00B | 155,662.00B | 172,053.00B | 192,142.00B |
Operating cash flow | 32,990.00B | 21,740.00B | 38,195.00B | 40,803.00B | 42,128.00B |
Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | |
Revenue | 16,801.90M | 16,770.78M | 12,037.52M | 16,333.47M | 20,291.82M |
Gross Profit | 3,489.20M | 3,463.53M | 2,538.76M | 3,448.29M | 4,601.39M |
Operating income | 1,887.22M | 1,851.55M | 885.04M | 1,786.16M | 2,841.39M |
Income before tax | 2,458.06M | 2,408.07M | 1,495.08M | 2,263.04M | 3,392.75M |
Net income | 1,522.32M | 1,534.97M | 1,111.56M | 1,412.81M | 1,948.79M |
EBITDA | 2,549.03M | 2,802.79M | 1,920.47M | 2,775.88M | 3,777.34M |
Diluted EPS | 0.03 | 0.03 | 0.02 | 0.03 | 0.04 |
Dividends Per Share | 0.01 | 0.01 | 0.00 | 0.01 | 0.04 |
Total Assets | 23,971.55M | 25,352.63M | 24,071.38M | 25,771.68M | 26,548.70M |
Total liabilities | 11,846.17M | 11,899.51M | 10,160.07M | 10,643.46M | 10,893.01M |
Total equity | 9,523.43M | 10,649.88M | 11,079.14M | 12,071.77M | 12,342.50M |
Operating cash flow | 2,317.23M | 1,537.30M | 2,626.58M | 2,854.37M | 2,836.47M |
Valuation Measures
Dec 2022 | |
PER | 7.97 |
ROA | 7.41% |
ROE | 15.89% |
Operating margin | 14.00% |
Profit margin | 9.60% |
Key executives
- President Director: Djony Bunarto Tjondro
- Chief Finance & Accounting Officer: Endro Wahyono
- Chief Information Systems & Technology Officer: Benny Halim
- Director: Suparno Djasmin
- Director: Gidion Hasan
Shareholders
- Jardine Cycle & Carriage Ltd. (50.1%)
- Toyota Motor Corp. (4.7%)
- The Vanguard Group, Inc. (1.6%)
- BlackRock Fund Advisors (0.9%)
- Invesco Asset Management Ltd. (0.8%)
- Capital Research & Management Co. (Global Investors) (0.8%)
- Capital International Ltd. (0.7%)
- Orbis Investment Management Ltd. (0.7%)
- ARGA Investment Management LP (0.5%)
- Macquarie Investment Management Business Trust (0.5%)
Contact Details
- Website:http://www.astra.co.id
- Address: Menara Astra, Jalan Jenderal Sudirman Kav 5-6, Jakarta, 10220, Indonesia
- Phone: +62.21.5084.3888
Related Companies
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- PT General Electric Services
- PT Astra Nissan Diesel Indonesia
- PT Intertel Nusaperdana
- PT Asuransi Astra
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Competitors
- PT Jasa Marga (Persero) Tbk Class B
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