Reported Earnings • May 01
First quarter 2026 earnings released: Rp0.77 loss per share (vs Rp14.62 profit in 1Q 2025) First quarter 2026 results: Rp0.77 loss per share (down from Rp14.62 profit in 1Q 2025). Revenue: Rp2.83t (down 21% from 1Q 2025). Net loss: Rp6.31b (down 105% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Apr 29
PT Kirana Megatara Tbk, Annual General Meeting, Jun 05, 2026 PT Kirana Megatara Tbk, Annual General Meeting, Jun 05, 2026. Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: Rp22.53 (vs Rp23.72 in FY 2024) Full year 2025 results: EPS: Rp22.53 (down from Rp23.72 in FY 2024). Revenue: Rp13t (up 14% from FY 2024). Net income: Rp185.1b (down 5.0% from FY 2024). Profit margin: 1.4% (down from 1.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: Rp0.98 (vs Rp25.60 in 3Q 2024) Third quarter 2025 results: EPS: Rp0.98 (down from Rp25.60 in 3Q 2024). Revenue: Rp3.13t (up 13% from 3Q 2024). Net income: Rp8.06b (down 96% from 3Q 2024). Profit margin: 0.3% (down from 7.6% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Oct 24
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 Hermanto Siregar was the last independent director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 07
PT Kirana Megatara Tbk, Annual General Meeting, Jun 12, 2025 PT Kirana Megatara Tbk, Annual General Meeting, Jun 12, 2025. Reported Earnings • Oct 26
Third quarter 2024 earnings released: EPS: Rp25.59 (vs Rp8.60 loss in 3Q 2023) Third quarter 2024 results: EPS: Rp25.59 (up from Rp8.60 loss in 3Q 2023). Revenue: Rp2.77t (up 33% from 3Q 2023). Net income: Rp210.3b (up Rp281.0b from 3Q 2023). Profit margin: 7.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. New Risk • Jun 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: Rp1.63t (US$99.2m) 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 Risks Interest payments are not well covered by earnings (0.6x net interest cover). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (Rp1.63t market cap, or US$99.2m). New Risk • May 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 Indonesian stocks, typically moving 8.8% 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 (0.6x net interest cover). Earnings have declined by 25% per year over the past 5 years. 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 (8.8% average weekly change). New Risk • May 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: Rp1.58t (US$97.8m) 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 Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 25% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (Rp1.58t market cap, or US$97.8m). Announcement • May 09
PT Kirana Megatara Tbk, Annual General Meeting, Jun 12, 2024 PT Kirana Megatara Tbk, Annual General Meeting, Jun 12, 2024. Reported Earnings • Mar 10
Full year 2023 earnings released: Rp8.57 loss per share (vs Rp2.90 loss in FY 2022) Full year 2023 results: Rp8.57 loss per share (further deteriorated from Rp2.90 loss in FY 2022). Revenue: Rp9.14t (down 20% from FY 2022). Net loss: Rp70.4b (loss widened 195% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. New Risk • Nov 05
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.7x 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 Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 4.7% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (109% payout ratio). Reported Earnings • Jul 30
Second quarter 2023 earnings released: Rp3.32 loss per share (vs Rp1.73 loss in 2Q 2022) Second quarter 2023 results: Rp3.32 loss per share (further deteriorated from Rp1.73 loss in 2Q 2022). Revenue: Rp2.19t (down 38% from 2Q 2022). Net loss: Rp27.3b (loss widened 93% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 06
Full year 2022 earnings released Full year 2022 results: Revenue: Rp11t (down 6.8% from FY 2021). Net loss: Rp29.7b (down 136% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improved over the past week After last week's 22% share price gain to Rp330, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 9x in the Auto Components industry in Indonesia. Total returns to shareholders of 7.7% over the past three years. Board Change • Nov 16
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 Antonius Supit was the last independent director to join the board, commencing their role in 2017. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: Rp2.79 loss per share (vs Rp0.39 profit in 3Q 2021) Third quarter 2022 results: Rp2.79 loss per share (down from Rp0.39 profit in 3Q 2021). Revenue: Rp2.96t (down 4.3% from 3Q 2021). Net loss: Rp22.6b (down Rp25.8b from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improved over the past week After last week's 21% share price gain to Rp310, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 10x in the Auto Components industry in Indonesia. Total returns to shareholders of 5.1% over the past three years. Reported Earnings • Jul 31
Second quarter 2022 earnings released: Rp1.73 loss per share (vs Rp2.21 profit in 2Q 2021) Second quarter 2022 results: Rp1.73 loss per share (down from Rp2.21 profit in 2Q 2021). Revenue: Rp3.53t (up 12% from 2Q 2021). Net loss: Rp14.2b (down 178% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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 Antonius Supit was the last independent director to join the board, commencing their role in 2017. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS Rp0.39 (vs Rp5.91 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: Rp3.09t (up 36% from 3Q 2020). Net income: Rp3.17b (down 94% from 3Q 2020). Profit margin: 0.1% (down from 2.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS Rp2.21 (vs Rp16.52 in 2Q 2020) The company reported a decent second quarter result with improved revenues, although earnings and profit margins were weaker. Second quarter 2021 results: Revenue: Rp3.15t (up 109% from 2Q 2020). Net income: Rp18.1b (down 87% from 2Q 2020). Profit margin: 0.6% (down from 9.0% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 10
Full year 2020 earnings released: EPS Rp23.71 (vs Rp2.01 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: Rp8.80t (down 9.0% from FY 2019). Net income: Rp194.8b (up Rp178.3b from FY 2019). Profit margin: 2.2% (up from 0.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 18
New 90-day high: Rp360 The company is up 11% from its price of Rp324 on 20 November 2020. The Indonesian market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Auto Components industry, which is up 29% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: Rp358 The company is up 19% from its price of Rp300 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 Auto Components industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: Rp354 The company is up 15% from its price of Rp308 on 09 September 2020. The Indonesian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 06
New 90-day high: Rp340 The company is up 7.0% from its price of Rp318 on 07 August 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 1.0% over the same period. Reported Earnings • Nov 02
Third quarter 2020 earnings released: EPS Rp5.91 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: Rp2.28t (down 12% from 3Q 2019). Net income: Rp48.6b (up Rp52.5b from 3Q 2019). Profit margin: 2.1% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 117% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 21
New 90-day high: Rp328 The company is up 8.0% from its price of Rp304 on 23 July 2020. The Indonesian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 5.0% over the same period.