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PT XL Axiata Tbk
- 2,510.00 IDR
- +20.00
- +0.80%
Indonesia
Apr 20, 2018Ticker
JKT(EXCL)Prev. close
2,490Market cap (IDR)
26,613.00BMarket cap (USD)
1,917.71MShares
10,688M
In the news
- Telekomunikasi Indonesia buys logistics IT provider Nov 17, 2017
- Indonesian companies likely to drive boom in sukuk issuance Oct 24, 2017
- Indonesia's Telkomsel wins spectrum for $74 million Oct 18, 2017
- Salim Group buying Indonesia e-commerce platform as battle brews Aug 24, 2017
- Indonesian consumer stocks sink as earnings disappoint Aug 1, 2017 See more articles on PT XL Axiata Tbk
Company Background
XL Axiata is Indonesia's second-largest mobile phone operator by subscribers. XL was established in 1995 as a joint venture between several companies, including an affiliate of Rajawali Group, an Indonesian conglomerate. The shares were later consolidated under the Axiata Group, Malaysia's largest telecommunications company and a two-thirds shareholder. The remainder is publicly traded on the Indonesia Stock Exchange.
Hasnul Suhaimi, an Indonesian, became the company's president and chief executive only a few months after resigning as president of rival Indosat in 2006. The move came amid allegations that Singapore's sovereign wealth fund, Temasek Holdings -- an indirect shareholder in Indosat and its rival, Telekomunikasi Selular better known as Telkomsel -- violated Indonesia's antimonopoly laws. Indosat did not publicly provide a reason for Suhaimi's departure.
XL spent $865 million to buy smaller rival Axis Telekom Indonesia, putting it ahead of Indosat. But the acquisition left XL with a hefty debt, prompting the company to sell 3,500 telecommunication towers to a local tower operator.
Business Summary
Financial Highlights
| Dec 2017 | IDR | USD |
| Revenue | 22,875.66B | 1,709.46M |
| Gross Profit | 12,113.76B | 905.24M |
| Operating income | 1,370.20B | 102.39M |
| Income before tax | 221,238M | 16.53M |
| Net income | 375,244M | 28.04M |
| EBITDA | 8,321.24B | 621.83M |
| Diluted EPS | 35 | 0.00 |
| Dividends Per Share | -- | -- |
| Total Assets | 56,321.44B | 4,151.20M |
| Total liabilities | 34,690.59B | 2,556.88M |
| Total equity | 21,630.85B | 1,594.31M |
| Operating cash flow | 8,763.18B | 654.85M |
| Currency in IDR | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 21,265.06B | 23,460.01B | 22,876.18B | 21,341.42B | 22,875.66B |
| Gross Profit | 10,843.15B | 12,102.46B | 12,330.85B | 10,212.53B | 12,113.76B |
| Operating income | 2,666.01B | 1,617.51B | 1,082.08B | 12,221M | 1,370.20B |
| Income before tax | 1,365.68B | -1,003.42B | -630,526M | 185,581M | 221,238M |
| Net income | 1,032.81B | -803,714M | -25,338M | 375,516M | 375,244M |
| EBITDA | 8,424.52B | 8,458.85B | 8,217.38B | 8,058.26B | 8,321.24B |
| Diluted EPS | 119.35 | -93.70 | -2.95 | 38 | 35 |
| Dividends Per Share | 64.11 | 0 | 0 | 0 | -- |
| Total Assets | 40,277.62B | 63,630.88B | 58,844.32B | 54,896.28B | 56,321.44B |
| Total liabilities | 24,977.47B | 49,582.91B | 44,752.68B | 33,687.14B | 34,690.59B |
| Total equity | 15,300.14B | 14,047.97B | 14,091.63B | 21,209.14B | 21,630.85B |
| Operating cash flow | 6,307.14B | 7,150.08B | 6,246.22B | 5,975.69B | 8,763.18B |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 2,035.32M | 1,977.44M | 1,707.52M | 1,604.56M | 1,709.46M |
| Gross Profit | 1,037.82M | 1,020.11M | 920.40M | 767.83M | 905.24M |
| Operating income | 255.17M | 136.34M | 80.76M | 0.91M | 102.39M |
| Income before tax | 130.71M | -84.57M | -47.06M | 13.95M | 16.53M |
| Net income | 98.85M | -67.74M | -1.89M | 28.23M | 28.04M |
| EBITDA | 806.32M | 712.99M | 613.36M | 605.86M | 621.83M |
| Diluted EPS | 0.01 | -0.00 | -0.00 | 0.00 | 0.00 |
| Dividends Per Share | 0.00 | 0 | 0 | 0 | -- |
| Total Assets | 3,309.58M | 5,137.73M | 4,268.72M | 4,074.69M | 4,151.20M |
| Total liabilities | 2,052.38M | 4,003.46M | 3,246.47M | 2,500.43M | 2,556.88M |
| Total equity | 1,257.20M | 1,134.27M | 1,022.24M | 1,574.25M | 1,594.31M |
| Operating cash flow | 603.67M | 602.68M | 466.23M | 449.28M | 654.85M |
Valuation Measures
| Dec 2017 | |
| PER | 84.57 |
| ROA | 0.67% |
| ROE | 1.75% |
| Operating margin | 5.98% |
| Profit margin | 1.64% |
Key executives
- President Director: Dian Siswarini
- Director: Willem Lucas Timmermans
- Independent Director: Yessie D. Yosetya
- Chief Strategic Partnership Officer: Johnson Chan
- Director: Mohamed Adlan bin Ahmad Tajudin
Shareholders
- Axiata Group Bhd. (66.3%)
- Emirates Telecommunications Group Co. PJSC (4.1%)
- Massachusetts Financial Services Co. (1.8%)
- Brandes Investment Partners LP (1.5%)
- The Vanguard Group, Inc. (1.1%)
- PT AIA Financial (0.9%)
- Morgan Stanley Investment Management, Inc. (0.8%)
- Aberdeen Asset Management (Asia) Ltd. (0.7%)
- Value Partners Ltd. (0.6%)
- Dimensional Fund Advisors LP (0.6%)
Contact Details
- Website:http://www.xl.co.id
- Address: XL Axiata Tower, Jalan H.R. Rasuna Said X5 Kav. 11, Jakarta, 12950, Indonesia
- Phone: +62.21.576.1881
Related Companies
- Excel Phoneloan 818 BV
- Excelcomindo Finance Co. BV
Competitors
- PT Telekomunikasi Indonesia, Tbk Class B
- PT Indosat Tbk Class B
- PT Matahari Department Store Tbk Class A
- PT Tiphone Mobile Indonesia Tbk
Copyright © 2018 FactSet Research Systems Inc. All rights reserved.
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