View Future GrowthArgo Pantes 과거 순이익 실적과거 기준 점검 2/6Argo Pantes은 연평균 38.7%의 비율로 수입이 증가해 온 반면, Luxury 산업은 수입이 33.3% 증가했습니다. 매출은 연평균 12.2%의 비율로 증가했습니다. Argo Pantes의 자기자본이익률은 36.9%이고 순이익률은 63.4%입니다.핵심 정보38.71%순이익 성장률55.08%주당순이익(EPS) 성장률Luxury 산업 성장률31.41%매출 성장률12.19%자기자본이익률36.87%순이익률63.38%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Nov 04Third quarter 2025 earnings released: Rp4.09 loss per share (vs Rp1.52 profit in 3Q 2024)Third quarter 2025 results: Rp4.09 loss per share (down from Rp1.52 profit in 3Q 2024). Revenue: Rp29.6b (flat on 3Q 2024). Net loss: Rp13.1b (down 372% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2024 earnings released: Rp0.30 loss per share (vs Rp43.19 profit in 1Q 2023)First quarter 2024 results: Rp0.30 loss per share (down from Rp43.19 profit in 1Q 2023). Revenue: Rp24.5b (up 11% from 1Q 2023). Net loss: Rp949.2m (down 107% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 11Third quarter 2023 earnings released: Rp3.84 loss per share (vs Rp21.69 loss in 3Q 2022)Third quarter 2023 results: Rp3.84 loss per share. Revenue: Rp26.9b (up 13% from 3Q 2022). Net loss: Rp34.0b (loss widened 367% from 3Q 2022).Reported Earnings • Aug 04Second quarter 2023 earnings released: Rp16.34 loss per share (vs Rp40.89 loss in 2Q 2022)Second quarter 2023 results: Rp16.34 loss per share (improved from Rp40.89 loss in 2Q 2022). Net loss: Rp5.48b (loss narrowed 60% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 04First quarter 2023 earnings released: EPS: Rp43.19 (vs Rp27.32 loss in 1Q 2022)First quarter 2023 results: EPS: Rp43.19 (up from Rp27.32 loss in 1Q 2022). Net income: Rp14.5b (up Rp23.7b from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Reported Earnings • May 12Full year 2021 earnings released: US$0.01 loss per share (vs US$0.015 loss in FY 2020)Full year 2021 results: US$0.01 loss per share (up from US$0.015 loss in FY 2020). Net loss: US$1.99m (loss narrowed 61% from FY 2020).모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to Rp700, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 17x in the Luxury industry in Indonesia. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Rp950, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 24x in the Luxury industry in Indonesia. Total returns to shareholders of 73% over the past three years.공시 • Apr 23PT Argo Pantes Tbk, Annual General Meeting, Jun 10, 2026PT Argo Pantes Tbk, Annual General Meeting, Jun 10, 2026.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to Rp1,155, the stock trades at a trailing P/E ratio of 51.5x. Average trailing P/E is 25x in the Luxury industry in Indonesia. Total returns to shareholders of 132% over the past three years.New Risk • Apr 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Large one-off items impacting financial results.New Risk • Apr 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change).New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% 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 • Nov 04Third quarter 2025 earnings released: Rp4.09 loss per share (vs Rp1.52 profit in 3Q 2024)Third quarter 2025 results: Rp4.09 loss per share (down from Rp1.52 profit in 3Q 2024). Revenue: Rp29.6b (flat on 3Q 2024). Net loss: Rp13.1b (down 372% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Board Change • Oct 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. 1 independent director (6 non-independent directors). Independent Director Yohanes Susanto 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.공시 • May 22PT Argo Pantes Tbk, Annual General Meeting, Jun 20, 2025PT Argo Pantes Tbk, Annual General Meeting, Jun 20, 2025.New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian 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: Major Risk Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).Reported Earnings • May 16First quarter 2024 earnings released: Rp0.30 loss per share (vs Rp43.19 profit in 1Q 2023)First quarter 2024 results: Rp0.30 loss per share (down from Rp43.19 profit in 1Q 2023). Revenue: Rp24.5b (up 11% from 1Q 2023). Net loss: Rp949.2m (down 107% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.공시 • May 16PT Argo Pantes Tbk, Annual General Meeting, Jun 20, 2024PT Argo Pantes Tbk, Annual General Meeting, Jun 20, 2024.Board Change • Feb 20No independent directorsThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioners Doddy Haroen Al Rasjid is the most experienced director on the board, commencing their role in 2005. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Reported Earnings • Nov 11Third quarter 2023 earnings released: Rp3.84 loss per share (vs Rp21.69 loss in 3Q 2022)Third quarter 2023 results: Rp3.84 loss per share. Revenue: Rp26.9b (up 13% from 3Q 2022). Net loss: Rp34.0b (loss widened 367% from 3Q 2022).New Risk • Oct 31New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 8x increase in shares outstanding. This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-Rp13b free cash flow). Negative equity (-Rp1.4t). Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding).New Risk • Aug 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -Rp13b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-Rp13b free cash flow). Negative equity (-Rp1.4t). Minor Risk Market cap is less than US$100m (Rp165.8b market cap, or US$10.9m).Reported Earnings • Aug 04Second quarter 2023 earnings released: Rp16.34 loss per share (vs Rp40.89 loss in 2Q 2022)Second quarter 2023 results: Rp16.34 loss per share (improved from Rp40.89 loss in 2Q 2022). Net loss: Rp5.48b (loss narrowed 60% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 04First quarter 2023 earnings released: EPS: Rp43.19 (vs Rp27.32 loss in 1Q 2022)First quarter 2023 results: EPS: Rp43.19 (up from Rp27.32 loss in 1Q 2022). Net income: Rp14.5b (up Rp23.7b from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Board Change • Nov 16No independent directorsThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioners Doddy Haroen Al Rasjid is the most experienced director on the board, commencing their role in 2005. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Reported Earnings • May 12Full year 2021 earnings released: US$0.01 loss per share (vs US$0.015 loss in FY 2020)Full year 2021 results: US$0.01 loss per share (up from US$0.015 loss in FY 2020). Net loss: US$1.99m (loss narrowed 61% from FY 2020).Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioners Doddy Soepardi was the last independent director to join the board, commencing their role in 2005. 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 • Jun 26Full year 2020 earnings released: US$0.015 loss per share (vs US$0.022 loss in FY 2019)Full year 2020 results: Net loss: US$5.11m (loss narrowed 30% from FY 2019).Is New 90 Day High Low • Feb 09New 90-day low: Rp1,600The company is down 21% from its price of Rp2,030 on 11 November 2020. The Indonesian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period.Is New 90 Day High Low • Jan 14New 90-day high: Rp2,040The company is up 17% from its price of Rp1,745 on 16 October 2020. The Indonesian market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 14% over the same period.Reported Earnings • Dec 03Third quarter 2020 earnings released: US$0.003 loss per shareThird quarter 2020 results: Net loss: US$922.2k (loss narrowed 64% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 06New 90-day low: Rp1,450The company is down 2.0% from its price of Rp1,485 on 30 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 Luxury industry, which is up 5.0% over the same period.매출 및 비용 세부 내역Argo Pantes가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이IDX:ARGO 매출, 비용 및 순이익 (IDR Millions)날짜매출순이익일반관리비연구개발비31 Dec 25112,32271,19129,877030 Sep 25108,516-15,42417,338030 Jun 25108,2882,48214,515031 Mar 25108,901-16,63013,685031 Dec 24102,997-8,13224,972030 Sep 24102,367-4,40514,480030 Jun 2499,942-43,23613,517031 Mar 24101,926-50,58511,418031 Dec 23103,137-35,14310,753030 Sep 23106,169-92,1709,017030 Jun 23103,005-65,4348,113031 Mar 23102,568-73,6716,847031 Dec 2292,454-97,3296,392030 Sep 2288,233-3,027-953030 Jun 2282,001-40,394-1,559031 Mar 2270,528-38,398-3,148031 Dec 2170,235-32,071-2,965030 Sep 2166,927-86,8536,984030 Jun 2163,188-56,0897,342031 Mar 2160,546-126,4269,061031 Dec 2056,716-72,1998,019030 Sep 2057,884-72,3498,128030 Jun 20122,934-94,48415,299031 Mar 20203,552-32,34025,387031 Dec 19269,914-101,23829,558030 Sep 19368,960-191,89938,335030 Jun 19395,365-160,40945,729031 Mar 19433,558-121,58047,283031 Dec 18446,333-117,84748,790030 Sep 18467,594-123,35447,072030 Jun 18433,407-49,59746,942031 Mar 18438,170-127,29347,087031 Dec 17452,172-201,82650,056030 Sep 17508,044-286,89779,858030 Jun 17564,484-397,30370,939031 Mar 17629,194-199,13357,003031 Dec 16655,826-346,53965,888030 Sep 16614,705-140,97471,538030 Jun 16612,783-122,15070,264031 Mar 16582,178-340,62482,447031 Dec 15626,569-150,60673,554030 Sep 15807,772-423,17884,569030 Jun 15943,215-381,59783,5250양질의 수익: ARGO는 IDR9.8B 규모의 큰 일회성 이익이 있어 31st December, 2025까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: ARGO는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: ARGO는 지난 5년 동안 흑자전환하며 연평균 38.7%의 수익 성장을 기록했습니다.성장 가속화: ARGO는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: ARGO는 지난해 흑자전환하여 지난 해 수익 성장률을 Luxury 업계(-4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: ARGO의 자본 수익률(36.87%)은 높음이지만 높은 부채 수준으로 인해 왜곡되어 있습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 12:48종가2026/06/10 00:00수익2025/12/31연간 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 Argo Pantes Tbk는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Nov 04Third quarter 2025 earnings released: Rp4.09 loss per share (vs Rp1.52 profit in 3Q 2024)Third quarter 2025 results: Rp4.09 loss per share (down from Rp1.52 profit in 3Q 2024). Revenue: Rp29.6b (flat on 3Q 2024). Net loss: Rp13.1b (down 372% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2024 earnings released: Rp0.30 loss per share (vs Rp43.19 profit in 1Q 2023)First quarter 2024 results: Rp0.30 loss per share (down from Rp43.19 profit in 1Q 2023). Revenue: Rp24.5b (up 11% from 1Q 2023). Net loss: Rp949.2m (down 107% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 11Third quarter 2023 earnings released: Rp3.84 loss per share (vs Rp21.69 loss in 3Q 2022)Third quarter 2023 results: Rp3.84 loss per share. Revenue: Rp26.9b (up 13% from 3Q 2022). Net loss: Rp34.0b (loss widened 367% from 3Q 2022).
Reported Earnings • Aug 04Second quarter 2023 earnings released: Rp16.34 loss per share (vs Rp40.89 loss in 2Q 2022)Second quarter 2023 results: Rp16.34 loss per share (improved from Rp40.89 loss in 2Q 2022). Net loss: Rp5.48b (loss narrowed 60% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 04First quarter 2023 earnings released: EPS: Rp43.19 (vs Rp27.32 loss in 1Q 2022)First quarter 2023 results: EPS: Rp43.19 (up from Rp27.32 loss in 1Q 2022). Net income: Rp14.5b (up Rp23.7b from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Reported Earnings • May 12Full year 2021 earnings released: US$0.01 loss per share (vs US$0.015 loss in FY 2020)Full year 2021 results: US$0.01 loss per share (up from US$0.015 loss in FY 2020). Net loss: US$1.99m (loss narrowed 61% from FY 2020).
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to Rp700, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 17x in the Luxury industry in Indonesia. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Rp950, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 24x in the Luxury industry in Indonesia. Total returns to shareholders of 73% over the past three years.
공시 • Apr 23PT Argo Pantes Tbk, Annual General Meeting, Jun 10, 2026PT Argo Pantes Tbk, Annual General Meeting, Jun 10, 2026.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to Rp1,155, the stock trades at a trailing P/E ratio of 51.5x. Average trailing P/E is 25x in the Luxury industry in Indonesia. Total returns to shareholders of 132% over the past three years.
New Risk • Apr 16New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Large one-off items impacting financial results.
New Risk • Apr 05New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change).
New Risk • Jan 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian stocks, typically moving 13% 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 • Nov 04Third quarter 2025 earnings released: Rp4.09 loss per share (vs Rp1.52 profit in 3Q 2024)Third quarter 2025 results: Rp4.09 loss per share (down from Rp1.52 profit in 3Q 2024). Revenue: Rp29.6b (flat on 3Q 2024). Net loss: Rp13.1b (down 372% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Board Change • Oct 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. 1 independent director (6 non-independent directors). Independent Director Yohanes Susanto 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.
공시 • May 22PT Argo Pantes Tbk, Annual General Meeting, Jun 20, 2025PT Argo Pantes Tbk, Annual General Meeting, Jun 20, 2025.
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indonesian 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: Major Risk Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
Reported Earnings • May 16First quarter 2024 earnings released: Rp0.30 loss per share (vs Rp43.19 profit in 1Q 2023)First quarter 2024 results: Rp0.30 loss per share (down from Rp43.19 profit in 1Q 2023). Revenue: Rp24.5b (up 11% from 1Q 2023). Net loss: Rp949.2m (down 107% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
공시 • May 16PT Argo Pantes Tbk, Annual General Meeting, Jun 20, 2024PT Argo Pantes Tbk, Annual General Meeting, Jun 20, 2024.
Board Change • Feb 20No independent directorsThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioners Doddy Haroen Al Rasjid is the most experienced director on the board, commencing their role in 2005. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Reported Earnings • Nov 11Third quarter 2023 earnings released: Rp3.84 loss per share (vs Rp21.69 loss in 3Q 2022)Third quarter 2023 results: Rp3.84 loss per share. Revenue: Rp26.9b (up 13% from 3Q 2022). Net loss: Rp34.0b (loss widened 367% from 3Q 2022).
New Risk • Oct 31New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 8x increase in shares outstanding. This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-Rp13b free cash flow). Negative equity (-Rp1.4t). Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding).
New Risk • Aug 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -Rp13b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-Rp13b free cash flow). Negative equity (-Rp1.4t). Minor Risk Market cap is less than US$100m (Rp165.8b market cap, or US$10.9m).
Reported Earnings • Aug 04Second quarter 2023 earnings released: Rp16.34 loss per share (vs Rp40.89 loss in 2Q 2022)Second quarter 2023 results: Rp16.34 loss per share (improved from Rp40.89 loss in 2Q 2022). Net loss: Rp5.48b (loss narrowed 60% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 04First quarter 2023 earnings released: EPS: Rp43.19 (vs Rp27.32 loss in 1Q 2022)First quarter 2023 results: EPS: Rp43.19 (up from Rp27.32 loss in 1Q 2022). Net income: Rp14.5b (up Rp23.7b from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Board Change • Nov 16No independent directorsThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 1 experienced director. 2 highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioners Doddy Haroen Al Rasjid is the most experienced director on the board, commencing their role in 2005. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Reported Earnings • May 12Full year 2021 earnings released: US$0.01 loss per share (vs US$0.015 loss in FY 2020)Full year 2021 results: US$0.01 loss per share (up from US$0.015 loss in FY 2020). Net loss: US$1.99m (loss narrowed 61% from FY 2020).
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. No independent directors (3 non-independent directors). Independent Commissioners Doddy Soepardi was the last independent director to join the board, commencing their role in 2005. 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 • Jun 26Full year 2020 earnings released: US$0.015 loss per share (vs US$0.022 loss in FY 2019)Full year 2020 results: Net loss: US$5.11m (loss narrowed 30% from FY 2019).
Is New 90 Day High Low • Feb 09New 90-day low: Rp1,600The company is down 21% from its price of Rp2,030 on 11 November 2020. The Indonesian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Jan 14New 90-day high: Rp2,040The company is up 17% from its price of Rp1,745 on 16 October 2020. The Indonesian market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 14% over the same period.
Reported Earnings • Dec 03Third quarter 2020 earnings released: US$0.003 loss per shareThird quarter 2020 results: Net loss: US$922.2k (loss narrowed 64% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 06New 90-day low: Rp1,450The company is down 2.0% from its price of Rp1,485 on 30 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 Luxury industry, which is up 5.0% over the same period.