Reported Earnings • Aug 01
Second quarter 2026 earnings released: EPS: US$0.002 (vs US$0.003 in 2Q 2025) Second quarter 2026 results: EPS: US$0.002 (down from US$0.003 in 2Q 2025). Revenue: US$55.0m (up 31% from 2Q 2025). Net income: US$4.28m (down 46% from 2Q 2025). Profit margin: 7.8% (down from 19% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp2,040, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 16x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 60% over the past three years. New Risk • Jul 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indonesian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (16% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 119% Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to Rp1,845, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 14x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 57% over the past three years. Board Change • Jun 22
No independent directors There are 3 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: 3 new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). President Commissioner Panggah Sutanto is the most experienced director on the board, commencing their role in 2015. Independent Commissioner Mohammad Rachman Soejoeti 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 experienced directors. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to Rp1,395, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 12x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 32% over the past three years. New Risk • May 13
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 Risks Interest payments are not well covered by earnings (2.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 119% Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Upcoming Dividend • May 12
Upcoming dividend of Rp35.00 per share Eligible shareholders must have bought the stock before 19 May 2026. Payment date: 26 May 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.0%. Lower than top quartile of Indonesian dividend payers (5.8%). Lower than average of industry peers (5.9%). Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorates as stock falls 31% After last week's 31% share price decline to Rp2,970, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 20x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 199% over the past three years. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: US$0.002 (vs US$0.002 in 1Q 2025) First quarter 2026 results: EPS: US$0.002 (in line with 1Q 2025). Revenue: US$61.3m (up 30% from 1Q 2025). Net income: US$5.86m (up 34% from 1Q 2025). Profit margin: 9.6% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. 공고 • Mar 31
PT Sillo Maritime Perdana Tbk, Annual General Meeting, May 06, 2026 PT Sillo Maritime Perdana Tbk, Annual General Meeting, May 06, 2026. Reported Earnings • Mar 19
Full year 2025 earnings released: EPS: US$0.007 (vs US$0.006 in FY 2024) Full year 2025 results: EPS: US$0.007 (up from US$0.006 in FY 2024). Revenue: US$173.8m (down 6.1% from FY 2024). Net income: US$18.0m (up 3.3% from FY 2024). Profit margin: 10% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. New Risk • Nov 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x 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 (2.6x net interest cover). Minor Risks Dividend is not well covered by earnings (119% payout ratio). Share price has been volatile over the past 3 months (14% average weekly change). Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: US$0 (vs US$0.002 in 3Q 2024) Third quarter 2025 results: EPS: US$0 (down from US$0.002 in 3Q 2024). Revenue: US$38.9m (down 13% from 3Q 2024). Net income: US$784.5k (down 88% from 3Q 2024). Profit margin: 2.0% (down from 15% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 84% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Rp6,225, the stock trades at a trailing P/E ratio of 49.2x. Average trailing P/E is 16x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 704% over the past three years. Board Change • Oct 14
No independent directors There are 3 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: 3 new directors. 2 experienced directors. 1 highly experienced director. No independent directors (3 non-independent directors). President Commissioner Panggah Sutanto is the most experienced director on the board, commencing their role in 2015. Independent Commissioner Mohammad Rachman Soejoeti 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 experienced directors. 공고 • May 03
PT Sillo Maritime Perdana Tbk, Annual General Meeting, Jun 10, 2025 PT Sillo Maritime Perdana Tbk, Annual General Meeting, Jun 10, 2025. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Rp1,130, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 11x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp1,160, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 10x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 47% over the past three years. Reported Earnings • Aug 02
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$44.5m (up 19% from 2Q 2023). Net income: US$2.70m (down 27% from 2Q 2023). Profit margin: 6.1% (down from 9.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 17
Upcoming dividend of Rp20.00 per share Eligible shareholders must have bought the stock before 24 June 2024. Payment date: 12 July 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Indonesian dividend payers (6.8%). Lower than average of industry peers (8.2%). Reported Earnings • May 04
First quarter 2024 earnings released: EPS: US$0.002 (vs US$0.003 in 1Q 2023) First quarter 2024 results: EPS: US$0.002 (down from US$0.003 in 1Q 2023). Revenue: US$44.9m (up 22% from 1Q 2023). Net income: US$6.49m (down 10% from 1Q 2023). Profit margin: 14% (down from 20% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 06
Full year 2023 earnings released: EPS: US$0.007 (vs US$0.007 in FY 2022) Full year 2023 results: EPS: US$0.007 (in line with FY 2022). Revenue: US$163.6m (up 22% from FY 2022). Net income: US$18.5m (down 2.2% from FY 2022). Profit margin: 11% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Rp1,270, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 10x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 102% over the past three years. Reported Earnings • Aug 04
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$37.6m (up 29% from 2Q 2022). Net income: US$3.68m (up 8.8% from 2Q 2022). Profit margin: 9.8% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to Rp1,445, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 4x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 172% over the past three years. New Risk • Jul 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 8.1% 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: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks High level of debt (120% net debt to equity). Share price has been volatile over the past 3 months (8.1% average weekly change). Upcoming Dividend • Jun 27
Upcoming dividend of Rp17.50 per share at 1.3% yield Eligible shareholders must have bought the stock before 04 July 2023. Payment date: 21 July 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Indonesian dividend payers (5.5%). Lower than average of industry peers (11%). Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: US$0.007 (vs US$0.006 in FY 2021) Full year 2022 results: EPS: US$0.007 (up from US$0.006 in FY 2021). Revenue: US$134.7m (up 33% from FY 2021). Net income: US$18.9m (up 26% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
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. 5 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Commissioner Djunggu Sitorus 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. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 17% share price gain to Rp835, the stock trades at a trailing P/E ratio of 11.8x. Average forward P/E is 4x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorated over the past week After last week's 18% share price decline to Rp820, the stock trades at a trailing P/E ratio of 11.7x. Average forward P/E is 4x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 12% over the past three years. Reported Earnings • Sep 15
Second quarter 2022 earnings released: EPS: US$0.001 (vs US$0.002 in 2Q 2021) Second quarter 2022 results: EPS: US$0.001 (down from US$0.002 in 2Q 2021). Revenue: US$29.1m (up 15% from 2Q 2021). Net income: US$3.39m (down 31% from 2Q 2021). Profit margin: 12% (down from 19% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10% decline forecast for the Oil and Gas industry in Indonesia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment deteriorated over the past week After last week's 20% share price decline to Rp1,240, the stock trades at a trailing P/E ratio of 16.4x. Average forward P/E is 4x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp1,340, the stock trades at a trailing P/E ratio of 17.6x. Average forward P/E is 4x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to Rp1,245, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 9x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improved over the past week After last week's 23% share price gain to Rp1,235, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 9x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 65% over the past three years. 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. 5 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Commissioner Djunggu Sitorus 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. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 18% share price gain to Rp1,065, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 10x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improved over the past week After last week's 20% share price gain to Rp1,000, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 11x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 23% share price gain to Rp1,020, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 12x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 5.6% over the past three years. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 40% share price gain to Rp965, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 11x in the Oil and Gas industry in Indonesia. Total returns to shareholders of 42% over the past three years. Reported Earnings • Jun 30
Full year 2020 earnings released: EPS US$0.006 (vs US$0.005 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: US$85.7m (down 5.4% from FY 2019). Net income: US$16.9m (up 21% from FY 2019). Profit margin: 20% (up from 15% 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 22% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 11
New 90-day high: Rp660 The company is up 16% from its price of Rp570 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 Oil and Gas industry, which is up 33% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: Rp645 The company is up 14% from its price of Rp565 on 16 September 2020. The Indonesian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 25% over the same period. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS US$0.002 The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: US$19.4m (down 27% from 3Q 2019). Net income: US$4.18m (down 11% from 3Q 2019). Profit margin: 22% (up from 18% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.