Income Statement PT Arwana Citramulia Tbk

Equities

ARNA

ID1000128309

Construction Supplies & Fixtures

End-of-day quote INDONESIA S.E. Other stock markets 2026-02-06			5-day change	1st Jan Change
535.00 ^IDR	0.00%		+2.88%	+0.94%

Nov. 05	Nomura Adjusts Arwana Citramulia's Price Target to IDR820 From IDR940, Keeps at Buy	MT
25-10-27	PT Arwana Citramulia Tbk Reports Earnings Results for the Nine Months Ended September 30, 2025	CI

28ba46c3b849e1a8c77d8266935d7e93.fztkDI2vVK-5_i1muDMxIwQz3S03zJSFfX7JqRPKs8M.Rmwgds_HJuT3xk4iyUtiQnVLp2B89NrcNTCx5iDy3ZZIQVchtdoAltSwQg

Published financial data: PT ARWANA CITRAMULIA TBK

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2,212B	2,555B	2,587B	2,447B	2,632B
Total Revenues	2,212B	2,555B	2,587B	2,447B	2,632B
Cost of Goods Sold, Total	1,511B	1,638B	1,534B	1,544B	1,729B
Gross Profit	700B	917B	1,052B	904B	904B
Selling General & Admin Expenses, Total	284B	321B	310B	340B	366B
Other Operating Expenses	-3.38B	-4.4B	-4.56B	-4.66B	-10.14B
Other Operating Expenses, Total	281B	316B	305B	336B	356B
Operating Income	419B	601B	747B	568B	547B
Interest Expense, Total	-6B	-2.64B	-3.36B	-8.19B	-10.97B
Interest And Investment Income	10.86B	11.4B	11.92B	14.78B	12.69B
Net Interest Expenses	4.87B	8.76B	8.56B	6.59B	1.73B
Currency Exchange Gains (Loss)	442M	1.19B	-5.85B	3.34B	-15.92M
Other Non Operating Income (Expenses)	-4.38B	-1.82B	-4.3B	-2.63B	-2.76B
EBT, Excl. Unusual Items	420B	609B	745B	575B	546B
Gain (Loss) On Sale Of Assets	356M	892M	818M	412M	1.55B
EBT, Incl. Unusual Items	421B	610B	746B	576B	548B
Income Tax Expense	94.38B	134B	165B	127B	118B
Earnings From Continuing Operations	326B	476B	582B	449B	430B
Net Income to Company	326B	476B	582B	449B	430B
Minority Interest	-3.23B	-5.08B	-5.34B	-3.79B	-3.57B
Net Income - (IS)	323B	471B	576B	445B	426B
Net Income to Common Incl Extra Items	323B	471B	576B	445B	426B
Net Income to Common Excl. Extra Items	323B	471B	576B	445B	426B
Per Share Items
Net EPS - Basic	44.35	64.79	79.25	61.29	59.21
Basic EPS - Continuing Operations	44.35	64.79	79.25	61.29	59.21
Basic Weighted Average Shares Outstanding	7.28B	7.27B	7.27B	7.27B	7.19B
Net EPS - Diluted	44.35	64.79	79.25	61.29	59.21
Diluted EPS - Continuing Operations	44.35	64.79	79.25	61.29	59.21
Diluted Weighted Average Shares Outstanding	7.28B	7.27B	7.27B	7.27B	7.19B
Normalized Basic EPS	35.62	51.65	63.33	48.96	46.98
Normalized Diluted EPS	35.62	51.65	63.33	48.96	46.98
Dividend Per Share	30	45	55	43	43
Payout Ratio	49.87	46.32	56.79	89.81	72.75
Supplemental Items
EBITDA	527B	705B	843B	681B	659B
EBITA	419B	601B	747B	568B	547B
EBIT	419B	601B	747B	568B	547B
Effective Tax Rate - (Ratio)	22.44	21.93	22.05	21.99	21.62
Current Domestic Taxes	91.11B	137B	164B	128B	120B
Total Current Taxes	91.11B	137B	164B	128B	120B
Deferred Domestic Taxes	3.27B	-3.73B	793M	-1.21B	-1.35B
Total Deferred Taxes	3.27B	-3.73B	793M	-1.21B	-1.35B
Normalized Net Income	259B	375B	460B	356B	338B
Non-Cash Pension Expense	5.83B	-	6.39B	6.12B	6.3B
Supplemental Operating Expense Items
Advertising Expense	3.26B	2.64B	3.43B	6.98B	6.26B
Marketing Expenses	-	-	-	15.5B	9.04B
Selling and Marketing Expenses	209B	229B	216B	249B	274B
General and Administrative Expenses	75.73B	92.23B	93.89B	91.53B	92.51B
Maintenance & Repair Expenses, Total	2.71B	2.08B	112B	597M	807M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	436B	603B	438B	441B	392B
Short Term Investments	-	-	144B	-	-
Total Cash And Short Term Investments	436B	603B	582B	441B	392B
Accounts Receivable, Total	615B	681B	734B	856B	919B
Other Receivables	1.41B	953M	879M	1.7B	2.06B
Total Receivables	616B	682B	735B	857B	921B
Inventory	127B	160B	261B	255B	166B
Prepaid Expenses	808M	4.4B	2.98B	514M	1.17B
Other Current Assets, Total	3.68B	1.32B	20.35B	20.9B	26.32B
Total Current Assets	1,183B	1,451B	1,602B	1,574B	1,506B
Gross Property Plant And Equipment	1,728B	1,829B	2,099B	2,272B	2,475B
Accumulated Depreciation	-961B	-1,063B	-1,154B	-1,265B	-1,369B
Net Property Plant And Equipment	767B	766B	945B	1,007B	1,106B
Deferred Tax Assets Long-Term	17.64B	22.28B	19.52B	21.55B	22.54B
Other Long-Term Assets, Total	2.32B	4.14B	12.28B	17.96B	26.56B
Total Assets	1,970B	2,244B	2,579B	2,620B	2,661B
Liabilities
Accounts Payable, Total	295B	284B	312B	306B	325B
Accrued Expenses, Total	198B	211B	154B	165B	192B
Short-term Borrowings	29.79B	19.82B	50.49B	111B	107B
Current Portion of Long-Term Debt	-	-	-	13.07B	-
Current Income Taxes Payable	61.32B	81.73B	48.8B	22.06B	27.44B
Unearned Revenue Current, Total	219M	426M	-	-	-
Other Current Liabilities	17.72B	8.06B	121B	34.87B	67.53B
Total Current Liabilities	603B	604B	686B	652B	718B
Long-Term Debt	-	-	-	48.99B	-
Pension & Other Post Retirement Benefits	62.83B	65.91B	59.8B	64.42B	65.89B
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	665B	670B	746B	765B	784B
Common Stock, Total	91.77B	91.77B	91.77B	91.77B	91.77B
Additional Paid In Capital	662M	5.75B	5.75B	5.75B	5.75B
Retained Earnings	1,224B	1,477B	1,733B	1,776B	1,892B
Treasury Stock	-32.37B	-26.5B	-26.5B	-49.65B	-146B
Total Common Equity	1,284B	1,548B	1,804B	1,824B	1,844B
Minority Interest	20.9B	24.85B	29.1B	31.53B	33.9B
Total Equity	1,305B	1,573B	1,833B	1,855B	1,878B
Total Liabilities And Equity	1,970B	2,244B	2,579B	2,620B	2,661B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	7.26B	7.27B	7.27B	7.24B	7.09B
ECS Total Common Shares Outstanding	7.26B	7.27B	7.27B	7.24B	7.09B
Book Value / Share	176.97	212.94	248.11	251.98	259.92
Tangible Book Value	1,284B	1,548B	1,804B	1,824B	1,844B
Tangible Book Value Per Share	176.97	212.94	248.11	251.98	259.92
Total Debt	29.79B	19.82B	50.49B	173B	107B
Net Debt	-406B	-583B	-532B	-268B	-285B
Debt Equivalent of Unfunded Proj. Benefit Obligation	79.52B	-	84.05B	93.1B	103B
Minority Interest, Total (Incl. Fin. Div)	20.9B	24.85B	29.1B	31.53B	33.9B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	21.26B	39.74B	51.07B	42.43B	50.22B
Inventories - Work In Process, Total	5.62B	7.49B	8.06B	9.59B	9.91B
Inventories - Finished Goods, Total	86.74B	101B	185B	192B	94.34B
Inventories - Others	8.51B	10.37B	13.7B	10.87B	11.22B
Land - (BS)	45.18B	56.98B	63.64B	71.13B	73.99B
Buildings, Total	394B	430B	447B	535B	558B
Machinery, Total	1,249B	1,342B	1,367B	1,633B	1,753B
Full Time Employees	1.45K	2.02K	2.12K	2.31K	2.11K
Accumulated Allowance for Doubtful Accounts (Supple)	47.05M	47.05M	47.05M	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	323B	471B	576B	445B	426B
Depreciation & Amortization - CF	108B	104B	96.46B	113B	112B
Depreciation & Amortization, Total	108B	104B	96.46B	113B	112B
Other Operating Activities, Total	-10.93B	-76.24B	-207B	-214B	83.04B
Cash from Operations	420B	499B	466B	344B	621B
Capital Expenditure	-84.34B	-115B	-176B	-201B	-197B
Sale of Property, Plant, and Equipment	463M	1.03B	6.44B	453M	3.43B
Investment in Marketable and Equity Securities, Total	-	-	-162B	162B	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-83.87B	-114B	-331B	-39.35B	-194B
Short Term Debt Issued, Total	3,557B	4,201B	4,021B	3,889B	2,750B
Long-Term Debt Issued, Total	-	-	-	120B	-
Total Debt Issued	3,557B	4,201B	4,021B	4,009B	2,750B
Short Term Debt Repaid, Total	-3,574B	-4,211B	-3,991B	-3,829B	-2,757B
Long-Term Debt Repaid, Total	-43.28B	-	-	-58.09B	-62.06B
Total Debt Repaid	-3,618B	-4,211B	-3,991B	-3,887B	-2,819B
Issuance of Common Stock	-	10.95B	-	-	-
Repurchase of Common Stock	-26.64B	-	-	-23.15B	-95.93B
Common Dividends Paid	-161B	-218B	-327B	-400B	-310B
Common & Preferred Stock Dividends Paid	-161B	-218B	-327B	-400B	-310B
Other Financing Activities, Total	-692M	-1.1B	-1.32B	-1.27B	-1.23B
Cash from Financing	-249B	-219B	-299B	-302B	-476B
Foreign Exchange Rate Adjustments	19.93M	9.69M	263M	-36.23M	124M
Net Change in Cash	86.9B	167B	-164B	2.3B	-48.78B
Supplemental Items
Cash Interest Paid	6.04B	2.66B	3.31B	7.89B	11.18B
Cash Income Tax Paid (Refund)	58.53B	115B	164B	167B	114B
Levered Free Cash Flow	219B	274B	265B	39.93B	352B
Unlevered Free Cash Flow	223B	276B	267B	45.05B	359B
Change In Net Working Capital	62.99B	89.28B	120B	221B	-102B
Net Debt Issued / Repaid	-60.71B	-10.63B	29.99B	122B	-68.69B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	13.91	17.82	19.36	13.65	12.96
Return on Total Capital	20.49	25.64	26.85	18.15	17.06
Return On Equity %	26.29	33.08	34.15	24.35	23.02
Return on Common Equity	26.45	33.25	34.38	24.55	23.23
Margin Analysis
Gross Profit Margin %	31.66	35.89	40.68	36.92	34.32
SG&A Margin	12.86	12.56	11.98	13.9	13.91
EBITDA Margin %	23.83	27.6	32.6	27.81	25.05
EBITA Margin %	18.96	23.51	28.87	23.21	20.8
EBIT Margin %	18.96	23.51	28.87	23.21	20.8
Income From Continuing Operations Margin %	14.75	18.63	22.48	18.35	16.32
Net Income Margin %	14.6	18.43	22.28	18.19	16.18
Net Avail. For Common Margin %	14.6	18.43	22.28	18.19	16.18
Normalized Net Income Margin	11.73	14.69	17.8	14.54	12.84
Levered Free Cash Flow Margin	9.89	10.74	10.23	1.63	13.37
Unlevered Free Cash Flow Margin	10.06	10.8	10.31	1.84	13.63
Asset Turnover
Asset Turnover	1.17	1.21	1.07	0.94	1
Fixed Assets Turnover	2.82	3.33	3.02	2.51	2.49
Receivables Turnover (Average Receivables)	3.89	3.94	3.65	3.08	2.97
Inventory Turnover (Average Inventory)	13.5	11.41	7.29	6.03	8.23
Short Term Liquidity
Current Ratio	1.96	2.4	2.34	2.41	2.1
Quick Ratio	1.75	2.13	1.92	1.99	1.83
Operating Cash Flow to Current Liabilities	0.7	0.83	0.68	0.53	0.86
Days Sales Outstanding (Average Receivables)	94.06	92.58	99.88	118.55	123.38
Days Outstanding Inventory (Average Inventory)	27.11	31.98	50.09	60.54	44.48
Average Days Payable Outstanding	62.4	63.23	66.5	73.18	70.35
Cash Conversion Cycle (Average Days)	58.77	61.34	83.47	105.9	97.51
Long Term Solvency
Total Debt/Equity	2.28	1.26	2.75	9.32	5.68
Total Debt / Total Capital	2.23	1.24	2.68	8.53	5.37
LT Debt/Equity	-	-	-	2.64	-
Long-Term Debt / Total Capital	-	-	-	2.42	-
Total Liabilities / Total Assets	33.77	29.88	28.92	29.21	29.45
EBIT / Interest Expense	69.93	227.11	222.18	69.31	49.92
EBITDA / Interest Expense	87.91	266.58	250.87	83.05	60.13
(EBITDA - Capex) / Interest Expense	73.84	223.27	198.39	58.48	42.12
Total Debt / EBITDA	0.06	0.03	0.06	0.25	0.16
Net Debt / EBITDA	-0.77	-0.83	-0.63	-0.39	-0.43
Total Debt / (EBITDA - Capex)	0.07	0.03	0.08	0.36	0.23
Net Debt / (EBITDA - Capex)	-0.92	-0.99	-0.8	-0.56	-0.62
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.79	15.51	1.24	-5.38	7.55
Gross Profit, 1 Yr. Growth %	23.38	30.95	14.74	-14.12	-0.01
EBITDA, 1 Yr. Growth %	33.3	33.74	19.61	-19.3	-3.11
EBITA, 1 Yr. Growth %	47.29	43.23	24.35	-23.96	-3.6
EBIT, 1 Yr. Growth %	47.29	43.23	24.35	-23.96	-3.6
Earnings From Cont. Operations, 1 Yr. Growth %	49.88	45.9	22.18	-22.78	-4.35
Net Income, 1 Yr. Growth %	49.87	45.78	22.36	-22.72	-4.34
Normalized Net Income, 1 Yr. Growth %	44.45	44.69	22.66	-22.74	-5
Diluted EPS Before Extra, 1 Yr. Growth %	50.78	46.08	22.32	-22.66	-3.39
Accounts Receivable, 1 Yr. Growth %	17.7	10.89	7.74	16.53	7.43
Inventory, 1 Yr. Growth %	30.5	26.38	62.85	-1.19	-34.9
Net Property, Plant and Equip., 1 Yr. Growth %	-4.07	-0.14	23.39	6.54	9.82
Total Assets, 1 Yr. Growth %	9.52	13.86	14.95	1.61	1.56
Tangible Book Value, 1 Yr. Growth %	10.86	20.58	16.52	1.08	1.1
Common Equity, 1 Yr. Growth %	10.86	20.58	16.52	1.08	1.1
Cash From Operations, 1 Yr. Growth %	13.8	18.85	-6.72	-26.11	80.49
Capital Expenditures, 1 Yr. Growth %	91.52	35.84	53.99	14.11	-1.89
Levered Free Cash Flow, 1 Yr. Growth %	-37.94	25.35	-3.55	-84.91	781.24
Unlevered Free Cash Flow, 1 Yr. Growth %	-37.48	23.99	-3.37	-83.11	696.28
Dividend Per Share, 1 Yr. Growth %	36.36	50	22.22	-21.82	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.92	8.96	8.14	-2.13	0.88
Gross Profit, 2 Yr. CAGR %	21.9	27.11	22.58	-0.74	-7.33
EBITDA, 2 Yr. CAGR %	26.02	33.52	26.48	-1.75	-11.58
EBITA, 2 Yr. CAGR %	36.83	45.25	33.46	-2.76	-14.38
EBIT, 2 Yr. CAGR %	36.83	45.25	33.46	-2.76	-14.38
Earnings From Cont. Operations, 2 Yr. CAGR %	43.6	47.87	33.51	-2.87	-14.06
Net Income, 2 Yr. CAGR %	43.61	47.81	33.56	-2.76	-14.02
Normalized Net Income, 2 Yr. CAGR %	41.18	44.57	33.22	-2.65	-14.33
Diluted EPS Before Extra, 2 Yr. CAGR %	44.18	48.41	33.67	-2.74	-13.56
Accounts Receivable, 2 Yr. CAGR %	10.64	14.24	9.3	12.05	11.89
Inventory, 2 Yr. CAGR %	0.57	28.42	43.46	26.03	-19.8
Net Property, Plant and Equip., 2 Yr. CAGR %	-1.8	-2.12	11	14.65	8.16
Total Assets, 2 Yr. CAGR %	9.18	11.67	14.4	8.08	1.59
Tangible Book Value, 2 Yr. CAGR %	9.06	15.62	18.53	8.52	1.09
Common Equity, 2 Yr. CAGR %	9.06	15.62	18.53	8.52	1.09
Cash From Operations, 2 Yr. CAGR %	8.49	16.3	5.3	-16.98	15.49
Capital Expenditures, 2 Yr. CAGR %	2.11	61.29	44.63	32.56	5.81
Levered Free Cash Flow, 2 Yr. CAGR %	-4.22	-11.8	9.95	-61.85	15.33
Unlevered Free Cash Flow, 2 Yr. CAGR %	-4.89	-11.95	9.46	-59.6	15.99
Dividend Per Share, 2 Yr. CAGR %	36.93	43.02	35.4	-2.25	-11.58
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.47	9.02	6.33	3.43	1
Gross Profit, 3 Yr. CAGR %	20.1	24.84	22.84	8.87	-0.49
EBITDA, 3 Yr. CAGR %	21.64	28.55	28.71	8.88	-2.21
EBITA, 3 Yr. CAGR %	30.93	38.93	37.92	10.64	-3.04
EBIT, 3 Yr. CAGR %	30.93	38.93	37.92	10.64	-3.04
Earnings From Cont. Operations, 3 Yr. CAGR %	38.73	44.36	38.76	11.24	-3.36
Net Income, 3 Yr. CAGR %	38.79	44.33	38.79	11.29	-3.29
Normalized Net Income, 3 Yr. CAGR %	36.36	42.34	36.86	11.1	-3.44
Diluted EPS Before Extra, 3 Yr. CAGR %	39.16	44.81	39.15	11.39	-2.95
Accounts Receivable, 3 Yr. CAGR %	5.36	10.73	12.03	11.66	10.48
Inventory, 3 Yr. CAGR %	-5.49	8.52	39	26.15	1.12
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.73	-1.25	5.73	9.49	13.02
Total Assets, 3 Yr. CAGR %	7.16	10.72	12.75	9.97	5.86
Tangible Book Value, 3 Yr. CAGR %	8.2	12.78	15.92	12.4	5.99
Common Equity, 3 Yr. CAGR %	8.2	12.78	15.92	12.4	5.99
Cash From Operations, 3 Yr. CAGR %	19.58	11.84	8.06	-6.43	7.55
Capital Expenditures, 3 Yr. CAGR %	4.65	12.3	58.82	33.64	19.9
Levered Free Cash Flow, 3 Yr. CAGR %	16.39	4.77	-9.13	-43.28	8.66
Unlevered Free Cash Flow, 3 Yr. CAGR %	14.06	3.9	-9.18	-41.29	9.14
Dividend Per Share, 3 Yr. CAGR %	35.72	41.16	35.72	12.75	-1.5
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.35	11.06	8.34	4.42	4.11
Gross Profit, 5 Yr. CAGR %	19.49	22.78	21.08	13.9	9.74
EBITDA, 5 Yr. CAGR %	23	24.56	23.55	15.44	10.77
EBITA, 5 Yr. CAGR %	30.33	34.42	31.94	20.45	13.97
EBIT, 5 Yr. CAGR %	30.33	34.42	31.94	20.45	13.97
Earnings From Cont. Operations, 5 Yr. CAGR %	35.58	39.11	36.62	23.2	14.56
Net Income, 5 Yr. CAGR %	35.86	39.08	36.67	23.24	14.6
Normalized Net Income, 5 Yr. CAGR %	34.83	37.49	35.1	22.27	13.48
Diluted EPS Before Extra, 5 Yr. CAGR %	36.08	39.36	36.94	23.5	15.02
Accounts Receivable, 5 Yr. CAGR %	8.35	8.14	6.92	11.25	11.97
Inventory, 5 Yr. CAGR %	8.58	-0.97	11.68	15.22	11.27
Net Property, Plant and Equip., 5 Yr. CAGR %	-2.81	-2.26	2.55	4.83	6.7
Total Assets, 5 Yr. CAGR %	6.61	7.77	10	9.65	8.15
Tangible Book Value, 5 Yr. CAGR %	7.84	10.65	12.22	11.05	9.74
Common Equity, 5 Yr. CAGR %	7.84	10.65	12.22	11.05	9.74
Cash From Operations, 5 Yr. CAGR %	30.27	39.16	13.64	-0.73	10.97
Capital Expenditures, 5 Yr. CAGR %	0.23	8.84	19.11	20	35
Levered Free Cash Flow, 5 Yr. CAGR %	38.94	125.23	13.77	-30.06	-0.04
Unlevered Free Cash Flow, 5 Yr. CAGR %	36.82	79.22	12.19	-28.79	0.15
Dividend Per Share, 5 Yr. CAGR %	43.1	55.18	35.59	21.86	14.34