Reported Earnings • Aug 02
First quarter 2027 earnings released: EPS: US$0.006 (vs US$0.008 in 1Q 2026) First quarter 2027 results: EPS: US$0.006 (down from US$0.008 in 1Q 2026). Revenue: US$113.8m (down 7.8% from 1Q 2026). Net income: US$4.92m (down 29% from 1Q 2026). Profit margin: 4.3% (down from 5.6% in 1Q 2026). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% 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. New Risk • Jul 03
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 German 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 6.4% per year over the past 5 years. Minor Risks High level of debt (48% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.1% net profit margin). New Risk • Jul 01
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: 3.1% Last year net profit margin: 5.9% 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 Earnings have declined by 6.4% per year over the past 5 years. Minor Risks High level of debt (48% net debt to equity). 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 (13% average weekly change). Profit margins are more than 30% lower than last year (3.1% net profit margin). Reported Earnings • Jul 01
Full year 2026 earnings released: EPS: US$0.019 (vs US$0.037 in FY 2025) Full year 2026 results: EPS: US$0.019 (down from US$0.037 in FY 2025). Revenue: US$515.4m (down 1.4% from FY 2025). Net income: US$16.0m (down 49% from FY 2025). Profit margin: 3.1% (down from 5.9% in FY 2025). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. New Risk • Jun 16
New major risk - Revenue and earnings growth Earnings have declined by 0.8% 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 Risk Earnings have declined by 0.8% per year over the past 5 years. Minor Risks High level of debt (48% net debt to equity). 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 (13% average weekly change). 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. 7 non-independent directors. Independent President Commissioner H. Wahyudiyanto was the last independent director to join the board, commencing their role in 2010. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 09
PT Hexindo Adiperkasa Tbk, Annual General Meeting, Sep 16, 2025 PT Hexindo Adiperkasa Tbk, Annual General Meeting, Sep 16, 2025. Declared Dividend • Sep 28
Dividend of US$0.046 announced Shareholders will receive a dividend of US$0.046. Ex-date: 3rd October 2024 Payment date: 25th October 2024 Dividend yield will be 12%, which is higher than the industry average of 2.7%. Sustainability & Growth The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. Announcement • Aug 16
PT Hexindo Adiperkasa Tbk, Annual General Meeting, Sep 24, 2024 PT Hexindo Adiperkasa Tbk, Annual General Meeting, Sep 24, 2024. New Risk • Apr 17
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 8.3% 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 High level of debt (49% net debt to equity). Dividend is not well covered by earnings (91% payout ratio). Share price has been volatile over the past 3 months (8.3% average weekly change). New Risk • Feb 01
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (49% net debt to equity). Dividend is not well covered by earnings (91% payout ratio). Reported Earnings • Feb 01
Third quarter 2024 earnings released: EPS: US$0.015 (vs US$0.015 in 3Q 2023) Third quarter 2024 results: EPS: US$0.015 (in line with 3Q 2023). Revenue: US$161.5m (up 9.3% from 3Q 2023). Net income: US$12.9m (up 4.8% from 3Q 2023). Profit margin: 8.0% (down from 8.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 03
First quarter 2024 earnings released: EPS: US$0.017 (vs US$0.011 in 1Q 2023) First quarter 2024 results: EPS: US$0.017 (up from US$0.011 in 1Q 2023). Revenue: US$143.8m (up 26% from 1Q 2023). Net income: US$14.2m (up 57% from 1Q 2023). Profit margin: 9.9% (up from 7.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 26% per year. New Risk • Jul 06
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 German stocks, typically moving 10% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Paying a dividend despite having no free cash flows. High level of non-cash earnings (45% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (8.2% net profit margin). New Risk • Jul 04
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: 8.2% Last year net profit margin: 12% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Paying a dividend despite having no free cash flows. High level of non-cash earnings (45% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Profit margins are more than 30% lower than last year (8.2% net profit margin). Reported Earnings • Jul 04
Full year 2023 earnings released: EPS: US$0.061 (vs US$0.066 in FY 2022) Full year 2023 results: EPS: US$0.061 (down from US$0.066 in FY 2022). Revenue: US$630.5m (up 36% from FY 2022). Net income: US$51.6m (down 6.3% from FY 2022). Profit margin: 8.2% (down from 12% 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 24% per year whereas the company’s share price has increased by 23% per year. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: US$0.015 (vs US$0.025 in 3Q 2022) Third quarter 2023 results: EPS: US$0.015 (down from US$0.025 in 3Q 2022). Revenue: US$147.7m (up 13% from 3Q 2022). Net income: US$12.3m (down 22% from 3Q 2022). Profit margin: 8.4% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year. Board Change • Nov 16
No independent directors There are 7 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: No independent directors. 10 non-independent directors. Independent President Commissioner H. Wahyudiyanto was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Reported Earnings • Aug 23
First quarter 2023 earnings released: EPS: US$0.011 (vs US$0.009 in 1Q 2022) First quarter 2023 results: EPS: US$0.011 (up from US$0.009 in 1Q 2022). Revenue: US$114.1m (up 55% from 1Q 2022). Net income: US$9.05m (up 18% from 1Q 2022). Profit margin: 7.9% (down from 10% in 1Q 2022). The decrease in margin was driven by higher expenses. 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 32% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jul 06
Full year 2022 earnings released Full year 2022 results: Revenue: US$463.3m (up 76% from FY 2021). Net income: US$55.1m (up 115% from FY 2021). Profit margin: 12% (up from 9.7% in FY 2021). Board Change • Apr 27
No independent directors There are 6 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: No independent directors. 9 non-independent directors. Independent Commissioner Harry Danui was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Board Change • Mar 30
No independent directors There are 6 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: No independent directors. 9 non-independent directors. Independent Commissioner Harry Danui was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Board Change • Mar 08
No independent directors There are 6 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: No independent directors. 9 non-independent directors. Independent Commissioner Harry Danui was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Board Change • Jan 17
No independent directors There are 6 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: No independent directors. 9 non-independent directors. Independent Commissioner Harry Danui was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Board Change • Dec 10
No independent directors There are 6 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: No independent directors. 9 non-independent directors. Independent Commissioner Harry Danui was the last independent director to join the board, commencing their role in 2003. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Reported Earnings • Nov 08
Second quarter 2022 earnings released: EPS US$0.022 (vs US$0.004 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$104.8m (up 70% from 2Q 2021). Net income: US$15.3m (up 337% from 2Q 2021). Profit margin: 15% (up from 5.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Board Change • Nov 04
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. 9 non-independent directors. Independent Commissioner H. Wahyudiyanto was the last independent director to join the board, commencing their role in 2010. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 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. 9 non-independent directors. Independent Commissioner H. Wahyudiyanto was the last independent director to join the board, commencing their role in 2010. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 31
No independent directors There are 7 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: 7 new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (9 non-independent directors). Independent Commissioner H. Wahyudiyanto is the most experienced director on the board, commencing their role in 2010. 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. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS US$0.03 (vs US$0.046 in FY 2020) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: US$264.0m (down 38% from FY 2020). Net income: US$25.6m (down 33% from FY 2020). Profit margin: 9.7% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Mar 25
Third quarter 2021 earnings released: EPS US$0.007 (vs US$0.011 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: US$70.1m (down 30% from 3Q 2020). Net income: US$9.33m (down 8.4% from 3Q 2020). Profit margin: 13% (up from 10% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Is New 90 Day High Low • Jan 14
New 90-day high: €0.20 The company is up 12% from its price of €0.18 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Trade Distributors industry, which is up 21% over the same period. Reported Earnings • Nov 02
Second quarter 2021 earnings released: EPS US$0.002 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$61.7m (down 54% from 2Q 2020). Net income: US$3.51m (down 75% from 2Q 2020). Profit margin: 5.7% (down from 11% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.