お知らせ • May 26
PT Solusi Bangun Indonesia Tbk announces Annual dividend, payable on June 18, 2026 PT Solusi Bangun Indonesia Tbk announced Annual dividend of IDR 36.5180 per share payable on June 18, 2026, ex-date on June 05, 2026 and record date on June 08, 2026. お知らせ • Apr 16
PT Solusi Bangun Indonesia Tbk, Annual General Meeting, May 22, 2026 PT Solusi Bangun Indonesia Tbk, Annual General Meeting, May 22, 2026. お知らせ • Jun 27
PT Solusi Bangun Indonesia Tbk announces Annual dividend, payable on July 25, 2025 PT Solusi Bangun Indonesia Tbk announced Annual dividend of IDR 41.3049 per share payable on July 25, 2025, ex-date on July 07, 2025 and record date on July 08, 2025. お知らせ • May 20
PT Solusi Bangun Indonesia Tbk, Annual General Meeting, Jun 25, 2025 PT Solusi Bangun Indonesia Tbk, Annual General Meeting, Jun 25, 2025. Buy Or Sell Opportunity • Aug 07
Now 56% overvalued after recent price rise Over the last 90 days, the stock has risen 5.3% to €0.059. The fair value is estimated to be €0.038, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years, while earnings per share has been flat. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: Rp9.76 (vs Rp11.62 in 2Q 2023) Second quarter 2024 results: EPS: Rp9.76 (down from Rp11.62 in 2Q 2023). Revenue: Rp2.65t (flat on 2Q 2023). Net income: Rp89.6b (down 14% from 2Q 2023). Profit margin: 3.4% (down from 4.0% in 2Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. New Risk • Apr 24
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 German stocks, typically moving 9.1% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change). Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: Rp99.00 (vs Rp93.05 in FY 2022) Full year 2023 results: EPS: Rp99.00 (up from Rp93.05 in FY 2022). Revenue: Rp12t (flat on FY 2022). Net income: Rp894.6b (up 6.6% from FY 2022). Profit margin: 7.2% (up from 6.8% in FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Nov 29
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 German stocks, typically moving 6.7% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: Rp11.49 (vs Rp9.22 in 2Q 2022) Second quarter 2023 results: EPS: Rp11.49 (up from Rp9.22 in 2Q 2022). Revenue: Rp2.64t (down 1.2% from 2Q 2022). Net income: Rp104.8b (up 26% from 2Q 2022). Profit margin: 4.0% (up from 3.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. No independent directors (4 non-independent directors). Director of Manufacturing & President Director Lilik Raharjo is the most experienced director on the board, commencing their role in 2019. Independent Commissioner Prijo Sambodo was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 01
Third quarter 2022 earnings released: EPS: Rp37.15 (vs Rp24.52 in 3Q 2021) Third quarter 2022 results: EPS: Rp37.15 (up from Rp24.52 in 3Q 2021). Revenue: Rp3.51t (up 16% from 3Q 2021). Net income: Rp333.2b (up 59% from 3Q 2021). Profit margin: 9.5% (up from 7.0% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
No independent directors There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. No independent directors (4 non-independent directors). Director of Manufacturing & President Director Lilik Raharjo is the most experienced director on the board, commencing their role in 2019. Independent Commissioner Prijo Sambodo was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: Rp88.00 (up from Rp84.95 in FY 2020). Revenue: Rp11t (up 11% from FY 2020). Net income: Rp720.9b (up 11% from FY 2020). Profit margin: 6.4% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS Rp24.92 (vs Rp46.51 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: Rp3.02t (up 7.1% from 3Q 2020). Net income: Rp209.9b (down 41% from 3Q 2020). Profit margin: 7.0% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 04
Second quarter 2021 earnings released: EPS Rp12.49 (vs Rp1.78 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Rp2.50t (up 22% from 2Q 2020). Net income: Rp93.0b (up Rp79.3b from 2Q 2020). Profit margin: 3.7% (up from 0.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 21
Full year 2020 earnings released: EPS Rp85.00 (vs Rp65.13 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: Rp10t (down 8.6% from FY 2019). Net income: Rp651.0b (up 30% from FY 2019). Profit margin: 6.4% (up from 4.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 06
Third quarter 2020 earnings released: EPS Rp45.97 The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: Rp2.82t (down 13% from 3Q 2019). Net income: Rp356.4b (down 14% from 3Q 2019). Profit margin: 13% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. お知らせ • Oct 02
PT Semen Indonesia (Persero) Tbk (IDX:SMGR) signed an agreement to acquire 80.64% stake in PT Holcim Indonesia Tbk (IDX:SMCB) from LafargeHolcim Ltd (SWX:LHN) for IDR 13 trillion. PT Semen Indonesia (Persero) Tbk (IDX:SMGR) signed an agreement to acquire 80.6% stake in PT Holcim Indonesia Tbk (IDX:SMCB) from LafargeHolcim Ltd (SWX:LHN) for IDR 13 trillion on November 12, 2018. Under the terms of the transaction, PT Semen Indonesia (Persero) Tbk agreed to acquire 6.18 billion shares of PT Holcim Indonesia Tbk for IDR 2097 per share. The assets to be sold to Semen Indonesia include the entirety of LafargeHolcim's operations in Indonesia, which consists of 4 cement plants, 33 ready-mix plants and 2 aggregate quarries. Closing of the transaction is subject to customary regulatory approvals. The proceeds from this transaction will significantly improve debt ratios of LafargeHolcim with the target of 2 times of net debt to recurring EBITDA to be achieved by the end of 2019 and to pay debts of LafargeHolcim Ltd. Citi acted as financial advisor to LafargeHolcim Ltd (SWX:LHN). Gerrit Jan Kleute and Iqbal Darmawan of HHP Law Firm, Andrew Martin of Baker & McKenzie.Wong & Leow, Timothy Gee of Baker & Mckenzie LLP, London acted as legal advisors to LafargeHolcim. Latham and Watkins and Tjajo & Partners acted as legal advisors to PT Semen Indonesia. BNP Paribas Capital Corporation Inc acted as a financial advisor to PT Semen Indonesia. HSBC Securities Indonesia. PT acted as broker to LafargeHolcim Ltd and PT. BNI Securities acted as broker to PT Semen Indonesia (Persero) Tbk.