New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 51% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (Rp194.6b market cap, or US$10.9m). Reported Earnings • Aug 02
Second quarter 2026 earnings released: Rp2.55 loss per share (vs Rp5.56 loss in 2Q 2025) Second quarter 2026 results: Rp2.55 loss per share (improved from Rp5.56 loss in 2Q 2025). Revenue: Rp42.9b (up 17% from 2Q 2025). Net loss: Rp5.10b (loss narrowed 60% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. New Risk • May 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp174.9b (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (Rp174.9b market cap, or US$9.97m). Annuncio • May 19
PT Gaya Abadi Sempurna Tbk, Annual General Meeting, Jun 24, 2026 PT Gaya Abadi Sempurna Tbk, Annual General Meeting, Jun 24, 2026. Reported Earnings • May 05
First quarter 2026 earnings released: Rp2.06 loss per share (vs Rp0.25 profit in 1Q 2025) First quarter 2026 results: Rp2.06 loss per share (down from Rp0.25 profit in 1Q 2025). Revenue: Rp48.4b (up 1.9% from 1Q 2025). Net loss: Rp4.43b (down Rp5.09b from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2025 earnings released: Rp10.54 loss per share (vs Rp1.91 profit in FY 2024) Full year 2025 results: Rp10.54 loss per share (down from Rp1.91 profit in FY 2024). Revenue: Rp195.4b (down 61% from FY 2024). Net loss: Rp23.0b (down Rp27.7b from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. New Risk • Feb 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (Rp236.5b market cap, or US$14.2m). Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: Rp1.90 (vs Rp0.66 in 3Q 2024) Third quarter 2025 results: EPS: Rp1.90 (up from Rp0.66 in 3Q 2024). Revenue: Rp45.6b (down 68% from 3Q 2024). Net income: Rp2.98b (up 83% from 3Q 2024). Profit margin: 6.5% (up from 1.2% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Board Change • Oct 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioner Budi Setiyadi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 03
Third quarter 2024 earnings released: EPS: Rp0.66 (vs Rp2.02 in 3Q 2023) Third quarter 2024 results: EPS: Rp0.66 (down from Rp2.02 in 3Q 2023). Revenue: Rp141.1b (up 21% from 3Q 2023). Net income: Rp1.63b (down 76% from 3Q 2023). Profit margin: 1.2% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 02
Second quarter 2024 earnings released: Rp1.63 loss per share (vs Rp1.50 profit in 2Q 2023) Second quarter 2024 results: Rp1.63 loss per share (down from Rp1.50 profit in 2Q 2023). Revenue: Rp132.5b (up 28% from 2Q 2023). Net loss: Rp3.76b (down 225% from profit in 2Q 2023). Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to Rp62.00, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 8x in the Electronic industry in Indonesia. Total loss to shareholders of 99% over the past three years. Annuncio • May 25
PT Gaya Abadi Sempurna Tbk, Annual General Meeting, Jun 28, 2024 PT Gaya Abadi Sempurna Tbk, Annual General Meeting, Jun 28, 2024. Reported Earnings • May 05
Full year 2023 earnings released: EPS: Rp9.82 (vs Rp21.08 in FY 2022) Full year 2023 results: EPS: Rp9.82 (down from Rp21.08 in FY 2022). Revenue: Rp452.4b (down 7.1% from FY 2022). Net income: Rp21.2b (down 50% from FY 2022). Profit margin: 4.7% (down from 8.7% in FY 2022). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to Rp68.00, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 9x in the Electronic industry in Indonesia. Total loss to shareholders of 99% over the past three years. New Risk • Jan 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp157.7b (US$9.93m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (Rp157.7b market cap, or US$9.93m). Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Shareholders have been diluted in the past year (23% increase in shares outstanding). New Risk • Nov 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (Rp199.5b market cap, or US$12.7m). Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: Rp1.97 (vs Rp5.04 in 3Q 2022) Third quarter 2023 results: EPS: Rp1.97 (down from Rp5.04 in 3Q 2022). Revenue: Rp116.3b (down 10% from 3Q 2022). Net income: Rp5.90b (down 42% from 3Q 2022). Profit margin: 5.1% (down from 7.8% in 3Q 2022). The decrease in margin was driven by lower revenue. New Risk • Nov 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: Rp158.0b (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Market cap is less than US$10m (Rp158.0b market cap, or US$9.98m). Reported Earnings • Aug 03
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: Rp103.3b (down 13% from 2Q 2022). Net income: Rp3.00b (down 64% from 2Q 2022). Profit margin: 2.9% (down from 6.9% in 2Q 2022). The decrease in margin was driven by lower revenue. Reported Earnings • Apr 12
Full year 2022 earnings released: EPS: Rp21.08 (vs Rp12.59 in FY 2021) Full year 2022 results: EPS: Rp21.08 (up from Rp12.59 in FY 2021). Revenue: Rp487.2b (up 8.7% from FY 2021). Net income: Rp42.2b (up 67% from FY 2021). Profit margin: 8.7% (up from 5.6% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp169, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 13x in the Electronic industry in Indonesia. Total loss to shareholders of 96% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to Rp212, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 15x in the Electronic industry in Indonesia. Total loss to shareholders of 96% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improved over the past week After last week's 21% share price gain to Rp292, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 13x in the Electronic industry in Indonesia. Total loss to shareholders of 93% over the past three years. Reported Earnings • Dec 03
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: Rp129.6b (up 28% from 3Q 2021). Net income: Rp10.1b (up 60% from 3Q 2021). Profit margin: 7.8% (up from 6.2% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 19% share price gain to Rp270, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 17x in the Electronic industry in Asia. Total loss to shareholders of 94% over the past three years. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioner Hadi Tamzil was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to Rp322, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 10x in the Electronic industry in Indonesia. Total loss to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improved over the past week After last week's 46% share price gain to Rp276, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 11x in the Electronic industry in Indonesia. Total loss to shareholders of 93% over the past year. Buying Opportunity • Sep 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 43%. The fair value is estimated to be Rp252, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 192%. Valuation Update With 7 Day Price Move • Sep 05
Investor sentiment improved over the past week After last week's 39% share price gain to Rp206, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 11x in the Electronic industry in Indonesia. Total loss to shareholders of 96% over the past year. Buying Opportunity • Jul 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 52%. The fair value is estimated to be Rp258, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 192%. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 24% share price decline to Rp284, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 12x in the Electronic industry in Indonesia. Total loss to shareholders of 97% over the past year. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp426, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 13x in the Electronic industry in Indonesia. Total loss to shareholders of 96% over the past year. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 44% share price gain to Rp418, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 13x in the Electronic industry in Indonesia. Total loss to shareholders of 95% over the past year. Reported Earnings • May 10
Full year 2021 earnings released Full year 2021 results: Revenue: Rp448.4b (up 8.9% from FY 2020). Net income: Rp25.2b (down 4.8% from FY 2020). Profit margin: 5.6% (down from 6.4% in FY 2020). The decrease in margin was driven by higher expenses. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). President Commissioner Tjoa Hoa was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment deteriorated over the past week After last week's 18% share price decline to Rp356, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 17x in the Electronic industry in Indonesia. Total loss to shareholders of 95% over the past year. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorated over the past week After last week's 20% share price decline to Rp805, the stock trades at a trailing P/E ratio of 76.8x. Average trailing P/E is 17x in the Electronic industry in Indonesia. Total loss to shareholders of 84% over the past year. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to Rp780, the stock trades at a trailing P/E ratio of 74.4x. Average trailing P/E is 18x in the Electronic industry in Indonesia. Total loss to shareholders of 85% over the past year. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment deteriorated over the past week After last week's 20% share price decline to Rp795, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 17x in the Electronic industry in Indonesia. Total loss to shareholders of 84% over the past year. Reported Earnings • Sep 05
Second quarter 2021 earnings released: EPS Rp3.63 (vs Rp2.79 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp115.2b (up 27% from 2Q 2020). Net income: Rp7.26b (up 30% from 2Q 2020). Profit margin: 6.3% (up from 6.1% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • Jun 27
Full year 2020 earnings released: EPS Rp13.23 (vs Rp26.68 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: Rp411.8b (down 11% from FY 2019). Net income: Rp26.5b (down 10% from FY 2019). Profit margin: 6.4% (in line with FY 2019). Is New 90 Day High Low • Mar 04
New 90-day high: Rp5,175 The company is up 6.0% from its price of Rp4,860 on 04 December 2020. The Indonesian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 14% over the same period. Is New 90 Day High Low • Jan 29
New 90-day low: Rp4,740 The company is down 1.0% from its price of Rp4,790 on 27 October 2020. The Indonesian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: Rp5,075 The company is up 4.0% from its price of Rp4,900 on 14 October 2020. The Indonesian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: Rp4,970 The company is up 1.0% from its price of Rp4,930 on 23 September 2020. The Indonesian market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. Reported Earnings • Dec 05
Third quarter 2020 earnings released: EPS Rp7.25 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: Rp117.9b (down 24% from 3Q 2019). Net income: Rp14.5b (up 25% from 3Q 2019). Profit margin: 12% (up from 7.5% in 3Q 2019). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Oct 19
New 90-day low: Rp4,820 The company is down 5.0% from its price of Rp5,050 on 21 July 2020. The Indonesian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 30
New 90-day low: Rp4,900 The company is down 5.0% from its price of Rp5,150 on 02 July 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.