View Future GrowthTIMAH 과거 순이익 실적과거 기준 점검 6/6TIMAH은 연평균 10.2%의 비율로 수입이 증가해 온 반면, Metals and Mining 산업은 수입이 1.1% 감소했습니다. 매출은 연평균 6.9%의 비율로 감소했습니다. TIMAH의 자기자본이익률은 27.1%이고 순이익률은 18.1%입니다.핵심 정보10.16%순이익 성장률10.16%주당순이익(EPS) 성장률Metals and Mining 산업 성장률29.18%매출 성장률-6.90%자기자본이익률27.09%순이익률18.08%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Nov 03Third quarter 2024 earnings released: EPS: Rp63.65 (vs Rp13.93 loss in 3Q 2023)Third quarter 2024 results: EPS: Rp63.65 (up from Rp13.93 loss in 3Q 2023). Revenue: Rp3.04t (up 68% from 3Q 2023). Net income: Rp474.3b (up Rp578.0b from 3Q 2023). Profit margin: 16% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: Rp53.75 (vs Rp4.57 loss in 2Q 2023)Second quarter 2024 results: EPS: Rp53.75 (up from Rp4.57 loss in 2Q 2023). Revenue: Rp3.16t (up 32% from 2Q 2023). Net income: Rp404.9b (up Rp438.9b from 2Q 2023). Profit margin: 13% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16First quarter 2024 earnings released: EPS: Rp4.00 (vs Rp6.75 in 1Q 2023)First quarter 2024 results: EPS: Rp4.00 (down from Rp6.75 in 1Q 2023). Revenue: Rp2.06t (down 5.3% from 1Q 2023). Net income: Rp29.5b (down 41% from 1Q 2023). Profit margin: 1.4% (down from 2.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 30Full year 2023 earnings releasedFull year 2023 results: Revenue: Rp8.39t (down 33% from FY 2022). Net loss: Rp449.7b (down 143% from profit in FY 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Reported Earnings • Sep 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: Rp2.40t (down 22% from 2Q 2022). Net loss: Rp34.0b (down 107% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 07First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: Rp2.17t (down 51% from 1Q 2022). Net income: Rp50.3b (down 92% from 1Q 2022). Profit margin: 2.3% (down from 14% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updatesBoard Change • May 20No independent directorsThere are 11 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. No independent directors (7 non-independent directors). Director of Finance & Risk Management and Director Fina Eliani is the most experienced director on the board, commencing their role in 2022. Independent Commissioner Yuslih Mahendra was the last independent director to join the board, commencing their role in 2025. 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.공시 • May 07PT TIMAH Tbk, Annual General Meeting, Jun 12, 2026PT TIMAH Tbk, Annual General Meeting, Jun 12, 2026.Board Change • Aug 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Agus Panjaitan was the last independent director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • May 07PT TIMAH Tbk, Annual General Meeting, Jun 12, 2025PT TIMAH Tbk, Annual General Meeting, Jun 12, 2025.Reported Earnings • Nov 03Third quarter 2024 earnings released: EPS: Rp63.65 (vs Rp13.93 loss in 3Q 2023)Third quarter 2024 results: EPS: Rp63.65 (up from Rp13.93 loss in 3Q 2023). Revenue: Rp3.04t (up 68% from 3Q 2023). Net income: Rp474.3b (up Rp578.0b from 3Q 2023). Profit margin: 16% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: Rp53.75 (vs Rp4.57 loss in 2Q 2023)Second quarter 2024 results: EPS: Rp53.75 (up from Rp4.57 loss in 2Q 2023). Revenue: Rp3.16t (up 32% from 2Q 2023). Net income: Rp404.9b (up Rp438.9b from 2Q 2023). Profit margin: 13% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16First quarter 2024 earnings released: EPS: Rp4.00 (vs Rp6.75 in 1Q 2023)First quarter 2024 results: EPS: Rp4.00 (down from Rp6.75 in 1Q 2023). Revenue: Rp2.06t (down 5.3% from 1Q 2023). Net income: Rp29.5b (down 41% from 1Q 2023). Profit margin: 1.4% (down from 2.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 30Full year 2023 earnings releasedFull year 2023 results: Revenue: Rp8.39t (down 33% from FY 2022). Net loss: Rp449.7b (down 143% from profit in FY 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Mar 09Now 69% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to €0.043. The fair value is estimated to be €0.025, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 3.6% in 2 years. Earnings are forecast to grow by 66% in the next 2 years.Reported Earnings • Sep 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: Rp2.40t (down 22% from 2Q 2022). Net loss: Rp34.0b (down 107% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 07First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: Rp2.17t (down 51% from 1Q 2022). Net income: Rp50.3b (down 92% from 1Q 2022). Profit margin: 2.3% (down from 14% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Apr 24Now 32% undervalued after recent price dropOver the last 90 days, the stock is down 39%. The fair value is estimated to be €0.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 27% in 2 years. Earnings is forecast to decline by 58% in the next 2 years.Reported Earnings • Mar 17Full year 2022 earnings releasedFull year 2022 results: Revenue: Rp13t (down 14% from FY 2021). Net income: Rp1.04t (down 20% from FY 2021). Profit margin: 8.3% (down from 8.9% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 17% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16No independent directorsThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director of Business Development & Director Alwin Albar is the most experienced director on the board, commencing their role in 2017. Independent Commissioner Agus Panjaitan 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 • Sep 07Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: Rp3.09t (down 9.9% from 2Q 2021). Net income: Rp480.6b (up 85% from 2Q 2021). Profit margin: 16% (up from 7.6% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue is expected to fall by 3.4% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.Upcoming Dividend • May 30Upcoming dividend of Rp61.22 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 24 June 2022. The company last paid an ordinary dividend in August 2011. The average dividend yield among industry peers is 7.6%.Board Change • Apr 27No independent directorsThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director of Operation and Production & Director Alwin Albar is the most experienced director on the board, commencing their role in 2017. Independent Commissioner Agus Panjaitan 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 15Third quarter 2021 earnings releasedThe company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: Rp3.83t (down 1.7% from 3Q 2020). Net income: Rp341.9b (up 153% from 3Q 2020). Profit margin: 8.9% (up from 3.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.Reported Earnings • Sep 05Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: Rp3.42t (down 4.7% from 2Q 2020). Net income: Rp259.7b (up Rp235.6b from 2Q 2020). Profit margin: 7.6% (up from 0.7% in 2Q 2020). 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 118 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 15Full year 2020 earnings released: Rp45.17 loss per share (vs Rp81.74 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: Rp15t (down 21% from FY 2019). Net loss: Rp336.4b (loss narrowed 45% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS Rp17.76The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: Rp3.90t (down 21% from 3Q 2019). Net income: Rp135.3b (up Rp528.9b from 3Q 2019). Profit margin: 3.5% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 107% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • Aug 13PT Pertamina Bina Medika entered into a deed of sale and purchase of shares to acquire 67% stake in PT Rumah Sakit Bakti Timah from PT TIMAH Tbk (IDX:TINS) for approximately IDR 150 billion.PT Pertamina Bina Medika entered into a deed of sale and purchase of shares to acquire 67% stake in PT Rumah Sakit Bakti Timah from PT TIMAH Tbk (IDX:TINS) for approximately IDR 150 billion on August 7, 2020. Under the terms of the transaction, PT Pertamina Bina Medika will acquire 14.8 million shares in PT Rumah Sakit Bakti Timah. As a consideration, PT Pertamina Bina Medika will issue a total of 518,889 shares to PT TIMAH Tbk. As a result of the transaction, PT TIMAH Tbk will own 1.78% stake in PT Pertamina Bina Medika. PT TIMAH Tbk appointed Ruky, Safrudin & Rekan Public Appraisal to conduct a stock valuation and the fairness of the transaction.매출 및 비용 세부 내역TIMAH가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:TIH1 매출, 비용 및 순이익 (IDR Millions)날짜매출순이익일반관리비연구개발비31 Mar 2614,919,8992,697,511936,520031 Dec 2511,552,7331,313,630939,825030 Sep 259,209,358942,986887,839030 Jun 259,864,3981,114,954878,738031 Mar 2510,897,7171,336,664948,762031 Dec 2410,856,4221,249,347939,696030 Sep 2410,269,410546,5441,014,362030 Jun 249,034,591-31,4971,024,829031 Mar 248,277,216-470,426975,560031 Dec 238,391,907-449,690991,944030 Sep 238,699,921-192,0611,117,338030 Jun 239,594,723-24,2891,066,012031 Mar 2310,282,453490,2941,140,272031 Dec 2212,504,2971,041,4841,122,627030 Sep 2215,089,5201,836,8981,160,990030 Jun 2216,215,6952,114,7771,249,839031 Mar 2216,554,3931,893,9201,232,262031 Dec 2114,607,0031,303,2081,199,897030 Sep 2112,981,650529,9611,059,356030 Jun 2113,055,807323,178960,093031 Mar 2113,233,20386,441856,488031 Dec 2015,215,980-336,403902,427030 Sep 2016,718,197-682,577985,193030 Jun 2017,583,829-1,211,3541,113,948031 Mar 2019,603,232-1,319,7071,200,628031 Dec 1919,341,569-607,4131,222,375030 Sep 1918,771,612-247,2981,142,541030 Jun 1916,427,483224,1591,083,666031 Mar 1913,148,438428,5001,027,576031 Dec 1811,016,677183,867939,159030 Sep 189,397,972459,090912,122030 Jun 189,292,946529,104900,072031 Mar 189,204,482496,629806,113031 Dec 179,217,160508,927794,607030 Sep 178,997,067508,421738,910030 Jun 178,473,462455,153634,610031 Mar 177,713,764489,771630,445031 Dec 166,968,294282,912597,102030 Sep 166,324,022152,754590,581030 Jun 166,454,64272,418546,639031 Mar 166,802,475-30,982593,637031 Dec 156,874,192101,583604,512030 Sep 158,300,579226,619638,946030 Jun 157,984,230349,937682,7580양질의 수익: TIH1는 고품질 수익을 보유하고 있습니다.이익 마진 증가: TIH1의 현재 순 이익률 (18.1%)은 지난해 (12.3%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: TIH1의 수익은 지난 5년 동안 연평균 10.2% 증가했습니다.성장 가속화: 지난 1년간 TIH1 의 수익 증가율(101.8%)은 연간 평균(10.2%)을 초과합니다.수익 대 산업: TIH1의 지난 1년 수익 증가율(101.8%)은 Metals and Mining 업계의 18.5%를 상회했습니다.자기자본이익률높은 ROE: TIH1의 자본 수익률(27.1%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 04:22종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스PT TIMAH Tbk는 14명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andi HadiwidjojoBofA Global ResearchMichael EvansCGS InternationalEun Young LeeDBS Bank Ltd11명의 분석가 더 보기
Reported Earnings • Nov 03Third quarter 2024 earnings released: EPS: Rp63.65 (vs Rp13.93 loss in 3Q 2023)Third quarter 2024 results: EPS: Rp63.65 (up from Rp13.93 loss in 3Q 2023). Revenue: Rp3.04t (up 68% from 3Q 2023). Net income: Rp474.3b (up Rp578.0b from 3Q 2023). Profit margin: 16% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: Rp53.75 (vs Rp4.57 loss in 2Q 2023)Second quarter 2024 results: EPS: Rp53.75 (up from Rp4.57 loss in 2Q 2023). Revenue: Rp3.16t (up 32% from 2Q 2023). Net income: Rp404.9b (up Rp438.9b from 2Q 2023). Profit margin: 13% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: Rp4.00 (vs Rp6.75 in 1Q 2023)First quarter 2024 results: EPS: Rp4.00 (down from Rp6.75 in 1Q 2023). Revenue: Rp2.06t (down 5.3% from 1Q 2023). Net income: Rp29.5b (down 41% from 1Q 2023). Profit margin: 1.4% (down from 2.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 30Full year 2023 earnings releasedFull year 2023 results: Revenue: Rp8.39t (down 33% from FY 2022). Net loss: Rp449.7b (down 143% from profit in FY 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Sep 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: Rp2.40t (down 22% from 2Q 2022). Net loss: Rp34.0b (down 107% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 07First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: Rp2.17t (down 51% from 1Q 2022). Net income: Rp50.3b (down 92% from 1Q 2022). Profit margin: 2.3% (down from 14% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Board Change • May 20No independent directorsThere are 11 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. No independent directors (7 non-independent directors). Director of Finance & Risk Management and Director Fina Eliani is the most experienced director on the board, commencing their role in 2022. Independent Commissioner Yuslih Mahendra was the last independent director to join the board, commencing their role in 2025. 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.
공시 • May 07PT TIMAH Tbk, Annual General Meeting, Jun 12, 2026PT TIMAH Tbk, Annual General Meeting, Jun 12, 2026.
Board Change • Aug 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Independent Commissioner Agus Panjaitan was the last independent director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • May 07PT TIMAH Tbk, Annual General Meeting, Jun 12, 2025PT TIMAH Tbk, Annual General Meeting, Jun 12, 2025.
Reported Earnings • Nov 03Third quarter 2024 earnings released: EPS: Rp63.65 (vs Rp13.93 loss in 3Q 2023)Third quarter 2024 results: EPS: Rp63.65 (up from Rp13.93 loss in 3Q 2023). Revenue: Rp3.04t (up 68% from 3Q 2023). Net income: Rp474.3b (up Rp578.0b from 3Q 2023). Profit margin: 16% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: Rp53.75 (vs Rp4.57 loss in 2Q 2023)Second quarter 2024 results: EPS: Rp53.75 (up from Rp4.57 loss in 2Q 2023). Revenue: Rp3.16t (up 32% from 2Q 2023). Net income: Rp404.9b (up Rp438.9b from 2Q 2023). Profit margin: 13% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: Rp4.00 (vs Rp6.75 in 1Q 2023)First quarter 2024 results: EPS: Rp4.00 (down from Rp6.75 in 1Q 2023). Revenue: Rp2.06t (down 5.3% from 1Q 2023). Net income: Rp29.5b (down 41% from 1Q 2023). Profit margin: 1.4% (down from 2.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 30Full year 2023 earnings releasedFull year 2023 results: Revenue: Rp8.39t (down 33% from FY 2022). Net loss: Rp449.7b (down 143% from profit in FY 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 1.2% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Mar 09Now 69% overvalued after recent price riseOver the last 90 days, the stock has risen 43% to €0.043. The fair value is estimated to be €0.025, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 3.6% in 2 years. Earnings are forecast to grow by 66% in the next 2 years.
Reported Earnings • Sep 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: Rp2.40t (down 22% from 2Q 2022). Net loss: Rp34.0b (down 107% from profit in 2Q 2022). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 07First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: Rp2.17t (down 51% from 1Q 2022). Net income: Rp50.3b (down 92% from 1Q 2022). Profit margin: 2.3% (down from 14% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 3.1% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Apr 24Now 32% undervalued after recent price dropOver the last 90 days, the stock is down 39%. The fair value is estimated to be €0.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 27% in 2 years. Earnings is forecast to decline by 58% in the next 2 years.
Reported Earnings • Mar 17Full year 2022 earnings releasedFull year 2022 results: Revenue: Rp13t (down 14% from FY 2021). Net income: Rp1.04t (down 20% from FY 2021). Profit margin: 8.3% (down from 8.9% in FY 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 17% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16No independent directorsThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 2 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director of Business Development & Director Alwin Albar is the most experienced director on the board, commencing their role in 2017. Independent Commissioner Agus Panjaitan 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 • Sep 07Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: Rp3.09t (down 9.9% from 2Q 2021). Net income: Rp480.6b (up 85% from 2Q 2021). Profit margin: 16% (up from 7.6% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue is expected to fall by 3.4% p.a. on average during the next 3 years compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.
Upcoming Dividend • May 30Upcoming dividend of Rp61.22 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 24 June 2022. The company last paid an ordinary dividend in August 2011. The average dividend yield among industry peers is 7.6%.
Board Change • Apr 27No independent directorsThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 3 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director of Operation and Production & Director Alwin Albar is the most experienced director on the board, commencing their role in 2017. Independent Commissioner Agus Panjaitan 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 15Third quarter 2021 earnings releasedThe company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: Rp3.83t (down 1.7% from 3Q 2020). Net income: Rp341.9b (up 153% from 3Q 2020). Profit margin: 8.9% (up from 3.5% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
Reported Earnings • Sep 05Second quarter 2021 earnings releasedThe company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: Rp3.42t (down 4.7% from 2Q 2020). Net income: Rp259.7b (up Rp235.6b from 2Q 2020). Profit margin: 7.6% (up from 0.7% in 2Q 2020). 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 118 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 15Full year 2020 earnings released: Rp45.17 loss per share (vs Rp81.74 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: Rp15t (down 21% from FY 2019). Net loss: Rp336.4b (loss narrowed 45% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 05Third quarter 2020 earnings released: EPS Rp17.76The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: Rp3.90t (down 21% from 3Q 2019). Net income: Rp135.3b (up Rp528.9b from 3Q 2019). Profit margin: 3.5% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 107% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • Aug 13PT Pertamina Bina Medika entered into a deed of sale and purchase of shares to acquire 67% stake in PT Rumah Sakit Bakti Timah from PT TIMAH Tbk (IDX:TINS) for approximately IDR 150 billion.PT Pertamina Bina Medika entered into a deed of sale and purchase of shares to acquire 67% stake in PT Rumah Sakit Bakti Timah from PT TIMAH Tbk (IDX:TINS) for approximately IDR 150 billion on August 7, 2020. Under the terms of the transaction, PT Pertamina Bina Medika will acquire 14.8 million shares in PT Rumah Sakit Bakti Timah. As a consideration, PT Pertamina Bina Medika will issue a total of 518,889 shares to PT TIMAH Tbk. As a result of the transaction, PT TIMAH Tbk will own 1.78% stake in PT Pertamina Bina Medika. PT TIMAH Tbk appointed Ruky, Safrudin & Rekan Public Appraisal to conduct a stock valuation and the fairness of the transaction.