Board Change • May 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Independent Commissioner Josep Karnady was the last independent director to join the board, commencing their role in 2015. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Mar 26
PT Cikarang Listrindo Tbk, Annual General Meeting, May 08, 2026 PT Cikarang Listrindo Tbk, Annual General Meeting, May 08, 2026. 공시 • Mar 28
PT Cikarang Listrindo Tbk, Annual General Meeting, May 19, 2025 PT Cikarang Listrindo Tbk, Annual General Meeting, May 19, 2025. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.002 (vs US$0.001 in 3Q 2023) Third quarter 2024 results: EPS: US$0.002 (up from US$0.001 in 3Q 2023). Revenue: US$140.5m (flat on 3Q 2023). Net income: US$39.1m (up 92% from 3Q 2023). Profit margin: 28% (up from 15% in 3Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: US$0.001 (vs US$0.001 in 2Q 2023) Second quarter 2024 results: EPS: US$0.001 (in line with 2Q 2023). Revenue: US$131.3m (flat on 2Q 2023). Net income: US$15.4m (down 32% from 2Q 2023). Profit margin: 12% (down from 17% in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.2% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • Jun 10
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 10% 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 (10% average weekly change). Reported Earnings • May 05
First quarter 2024 earnings released: EPS: US$0.001 (vs US$0.002 in 1Q 2023) First quarter 2024 results: EPS: US$0.001 (down from US$0.002 in 1Q 2023). Revenue: US$137.6m (flat on 1Q 2023). Net income: US$18.1m (down 46% from 1Q 2023). Profit margin: 13% (down from 25% in 1Q 2023). Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: US$0.005 (vs US$0.005 in FY 2022) Full year 2023 results: EPS: US$0.005 (in line with FY 2022). Revenue: US$546.1m (flat on FY 2022). Net income: US$77.0m (up 6.1% from FY 2022). Profit margin: 14% (in line with FY 2022). Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year and the company’s share price has also fallen by 1% per year. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.001 (vs US$0.001 in 3Q 2022) Third quarter 2023 results: EPS: US$0.001 (in line with 3Q 2022). Revenue: US$139.6m (flat on 3Q 2022). Net income: US$20.4m (up 13% from 3Q 2022). Profit margin: 15% (up from 13% in 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 4.9% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 31
Second quarter 2023 earnings released: EPS: US$0.001 (vs US$0.001 in 2Q 2022) Second quarter 2023 results: EPS: US$0.001 (in line with 2Q 2022). Revenue: US$131.2m (down 3.5% from 2Q 2022). Net income: US$22.7m (up 36% from 2Q 2022). Profit margin: 17% (up from 12% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: US$0.005 (vs US$0.006 in FY 2021) Full year 2022 results: EPS: US$0.005 (down from US$0.006 in FY 2021). Revenue: US$550.5m (up 6.9% from FY 2021). Net income: US$72.5m (down 20% from FY 2021). Profit margin: 13% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 8.4% decline forecast for the Renewable Energy industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year. Upcoming Dividend • Dec 05
Upcoming dividend of Rp24.72 per share Eligible shareholders must have bought the stock before 12 December 2022. Payment date: 21 December 2022. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 9.4%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (4.6%). Board Change • Nov 17
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 1 independent director (4 non-independent directors). Independent Commissioner Irwan Sofjan was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 1 independent director (4 non-independent directors). Independent Commissioner Irwan Sofjan was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Nov 16
Upcoming dividend of Rp20.72 per share Eligible shareholders must have bought the stock before 23 November 2021. Payment date: 10 December 2021. Trailing yield: 8.0%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (3.3%). Reported Earnings • Nov 09
Third quarter 2021 earnings released: EPS US$0.002 (vs US$0.001 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$126.0m (up 14% from 3Q 2020). Net income: US$25.8m (up 110% from 3Q 2020). Profit margin: 21% (up from 11% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 04
Second quarter 2021 earnings released: EPS US$0.001 (vs US$0.002 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$128.5m (up 27% from 2Q 2020). Net income: US$20.7m (down 38% from 2Q 2020). Profit margin: 16% (down from 33% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS US$0.001 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$110.1m (down 28% from 3Q 2019). Net income: US$12.3m (down 48% from 3Q 2019). Profit margin: 11% (down from 15% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.