Aankondiging • 12h
PT Sinergi Inti Andalan Prima Tbk announces Annual dividend, payable on June 11, 2026 PT Sinergi Inti Andalan Prima Tbk announced Annual dividend of IDR 0.0400 per share payable on June 11, 2026, ex-date on June 02, 2026 and record date on June 03, 2026. Reported Earnings • May 05
First quarter 2026 earnings released: EPS: Rp0.61 (vs Rp0.20 in 1Q 2025) First quarter 2026 results: EPS: Rp0.61 (up from Rp0.20 in 1Q 2025). Revenue: Rp383.6b (up Rp371.5b from 1Q 2025). Net income: Rp13.7b (up Rp12.1b from 1Q 2025). Profit margin: 3.6% (down from 13% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 34% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Asia. Aankondiging • Apr 13
PT Sinergi Inti Andalan Prima Tbk, Annual General Meeting, May 19, 2026 PT Sinergi Inti Andalan Prima Tbk, Annual General Meeting, May 19, 2026. Reported Earnings • Apr 01
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: Rp3.10 (up from Rp0.18 in FY 2024). Revenue: Rp91.8b (up 202% from FY 2024). Net income: Rp24.5b (up Rp23.2b from FY 2024). Profit margin: 27% (up from 4.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 52%. Earnings per share (EPS) exceeded analyst estimates by 99%. Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Asia. New Risk • Mar 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 191% 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 Share price has been highly volatile over the past 3 months (20% average weekly change). Shareholders have been substantially diluted in the past year (191% increase in shares outstanding). Minor Risk Revenue is less than US$5m (Rp76b revenue, or US$4.5m). New Risk • Dec 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor 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: Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (Rp76b revenue, or US$4.5m). Reported Earnings • Nov 29
Third quarter 2025 earnings released: EPS: Rp1.28 (vs Rp0.078 in 3Q 2024) Third quarter 2025 results: EPS: Rp1.28 (up from Rp0.078 in 3Q 2024). Revenue: Rp23.6b (up 191% from 3Q 2024). Net income: Rp11.6b (up Rp10.5b from 3Q 2024). Profit margin: 49% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in Asia. Buy Or Sell Opportunity • Nov 22
Now 20% undervalued Over the last 90 days, the stock has risen 114% to Rp540. The fair value is estimated to be Rp677, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 94% over the last year. Earnings per share has grown by 488%. For the next 3 years, revenue is forecast to grow by 50% per annum. Earnings are also forecast to grow by 46% per annum over the same time period. Board Change • Oct 14
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. 3 non-independent directors. Independent Commissioner Cahyana Jayadi was the last independent director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 26
PT Sinergi Inti Andalan Prima Tbk Announces Annual Dividend, Payable on July 09, 2025 PT Sinergi Inti Andalan Prima Tbk announced Annual dividend of IDR 0.0800 per share payable on July 09, 2025, ex-date on June 23, 2025 and record date on June 24, 2025. Aankondiging • May 07
PT Sinergi Inti Andalan Prima Tbk, Annual General Meeting, Jun 12, 2025 PT Sinergi Inti Andalan Prima Tbk, Annual General Meeting, Jun 12, 2025. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: Rp0.14 (vs Rp0.26 in 3Q 2023) Third quarter 2024 results: EPS: Rp0.14. Revenue: Rp8.12b (up 21% from 3Q 2023). Net income: Rp1.09b (up 35% from 3Q 2023). Profit margin: 14% (up from 12% in 3Q 2023). The increase in margin was driven by higher revenue. New Risk • Sep 13
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 13% 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 Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 2.6% per year over the past 5 years. High level of non-cash earnings (69% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Revenue is less than US$5m (Rp31b revenue, or US$2.0m). Market cap is less than US$100m (Rp570.0b market cap, or US$37.1m). New Risk • Aug 09
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 9.5% 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 Earnings have declined by 2.6% per year over the past 5 years. High level of non-cash earnings (72% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Profit margins are more than 30% lower than last year (3.8% net profit margin). Revenue is less than US$5m (Rp31b revenue, or US$2.0m). Market cap is less than US$100m (Rp390.0b market cap, or US$24.6m). Reported Earnings • Aug 04
Second quarter 2024 earnings released Second quarter 2024 results: EPS: Rp0.069. Net income: Rp485.3m (up Rp485.3m from 2Q 2023). Aankondiging • May 17
PT Sinergi Inti Andalan Prima Tbk, Annual General Meeting, Jun 20, 2024 PT Sinergi Inti Andalan Prima Tbk, Annual General Meeting, Jun 20, 2024. Reported Earnings • May 06
First quarter 2024 earnings released: EPS: Rp0.07 (vs Rp0.09 in 1Q 2023) First quarter 2024 results: EPS: Rp0.07. Revenue: Rp7.70b (up 18% from 1Q 2023). Net income: Rp528.9m (up 2.7% from 1Q 2023). Profit margin: 6.9% (down from 7.9% in 1Q 2023). The decrease in margin was driven by higher expenses. New Risk • May 06
New major risk - Revenue and earnings growth Earnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.6% per year over the past 5 years. High level of non-cash earnings (79% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Revenue is less than US$5m (Rp30b revenue, or US$1.9m). Market cap is less than US$100m (Rp390.0b market cap, or US$24.2m). New Risk • Apr 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 6.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (83% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Revenue is less than US$5m (Rp29b revenue, or US$1.8m). Market cap is less than US$100m (Rp397.5b market cap, or US$25.0m). New Risk • Nov 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: Rp1.52t (US$95.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Revenue is less than US$5m (Rp22b revenue, or US$1.4m). Market cap is less than US$100m (Rp1.52t market cap, or US$95.1m). Board Change • Jul 25
No independent directors There are 6 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: 6 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Independent Commissioner Cahyana Jayadi is the most experienced director on the board, commencing their role in 2022. 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 board continuity. Lack of experienced directors.