PT Akasha Wira International Tbk

PT Akasha Wira International Tbk

ADES.JK
PT Akasha Wira International TbkID flagIndonesia Stock Exchange
32,600.00
IDR
-175.00
- -
19.23TMarket Cap
PT Akasha Wira International Tbk
ADES.JK
(Indonesia Stock Exchange)

Recent

price

32,600.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
370.82
507.56
808
851.88
981.16
1,135.33
1,504.78
1,380.73
1,363.46
1,296.33
1,141.49
1,585.15
2,188.5
2,585.95
3,316.56
4,622.8
3,857.23
Revenue per Share
53.67
43.85
141.34
94.35
52.67
55.67
94.85
64.83
89.78
142.2
230.19
450.52
618.7
670.96
894
1,257.14
1,033.76
Basic EPS, GAAP
-26.13
-17.27
-48.26
-86.62
-104.83
-238.05
-241.74
-164.44
-67.2
-21.33
-8.37
-306.22
-535.67
-135.94
-357.41
-655.35
-466.86
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
131.24
121.42
218.91
167.68
126
181.67
276.52
341.35
431.12
573.33
798.1
1,248.62
1,867.32
2,538.28
3,432.29
4,689.42
3,968.78
Book Value per Share
169.31
213.17
354.51
443.33
492.55
554.95
650.62
716.74
813.34
955.29
1,180.93
1,640.36
2,261.23
2,932.11
3,828.63
5,086.83
4,365.13
Tangible Book Value per Share
590
590
590
590
590
590
590
590
590
590
590
590
590
590
590
590
590
Basic Weighted Avg Shares
218,748
299,409
476,638
502,524
578,784
669,725
887,663
814,490
804,302
764,703
673,364
935,075
1,290,992
1,525,445
1,956,431
2,726,974
2,275,366
Sales/Revenue/Turnover
15.33
8.72
18.09
10.75
8.61
7.39
8.73
8.3
10.42
16.83
26.2
34.84
34.17
31.73
31.72
31.79
31.75
Operating Margin (%)
277
4,908
6,566
6,994
7,782
8,429
9,556
10,539
10,995
9,566
11,760
8,692
8,511
6,880
8,053
9,280
8,739
Depreciation Expense
31,659
25,868
83,376
55,656
31,072
32,839
55,951
38,242
52,958
83,885
135,789
265,758
364,972
395,798
527,368
741,580
609,814
Net Income, GAAP
5.62
12.69
- -
5.98
25.27
25.66
9.22
25.16
24.41
23.86
19.13
21.33
21.39
21.42
21.02
20.87
21.09
Effective Tax Rate (%)
14.47
8.64
17.49
11.08
5.37
4.9
6.3
4.7
6.58
10.97
20.17
28.42
28.27
25.95
26.96
27.19
26.8
Profit Margin (%)
44,626
53,441
92,865
86,148
82,119
76,959
124,148
49,356
101,741
175,929
361,680
405,027
560,600
931,296
1,167,857
1,557,594
1,403,505
Working Capital
122,196
88,912
58,011
40,666
21,175
87,431
145,837
122,274
81,403
11,180
3,595
2,347
896
150
7
- -
- -
LT Debt
99,878
125,746
209,122
261,521
292,145
328,369
384,388
423,011
481,914
567,937
700,508
969,817
1,334,836
1,729,808
2,258,501
3,000,703
2,574,980
Total Equity
15.15
8.59
- -
15.55
10.56
8.67
13.01
8.32
9.83
15.49
21.36
29.49
29.27
24.36
24.16
25.6
24.93
Return on Invested Capital (%)
19.25
18.86
- -
31.34
22.99
19.87
22.08
14.32
16.82
23.97
32.13
43.66
39.61
30.43
29.94
30.96
29.95
Return on Capital (%)
45.04
34.71
83.06
48.81
35.87
36.19
41.4
20.98
23.24
28.31
33.57
44.02
39.71
30.46
29.95
30.96
29.95
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
143
106
69
LT Borrowings
- -
- -
- -
LT Finance Leases
7
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
590
590
590
Market Capitalization
5,368,061
5,839,978
6,385,633

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,551,646
1,692,830
1,868,148
Cash, Cash Equivalents & STI
893,991
900,225
998,280
Accounts Receivable, Net
326,374
361,487
339,128
Inventories
234,517
280,328
353,279
Total Current Liabilities
383,789
435,929
464,643
Payables & Accruals
- -
- -
- -
ST Debt
143
106
69
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.13%
33.82%
32.86%
Free Cash Flow
358.84%
761.39%
83.36%
Net Income, GAAP
41.28%
43.07%
40.62%
Sales/Revenue/Turnover
16.89%
32.55%
39.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
463,541
403,855
468,993
620,042
1,956,431
2025
568,923
617,408
878,594
- -
2,726,974
2026
942,040
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
222.76
- -
- -
- -
894
2025
247.86
- -
- -
- -
1,257.14
2026
433.17
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
PT Akasha Wira International Tbk manufactures and distributes bottled drinking water, soy milk beverages, and cosmetic products primarily in Indonesia. The company produces bottled water under the Nestle Pure Life and Vica Royal brands; soy milk under the Pureal brand; and beauty care products including hair energy and recovery items under the Makarizo brand, with additional distribution of professional cosmetics such as Wella Professional, System Professional, and Clairol Professional imported from Procter & Gamble for the premium salon market. It operates manufacturing plants in Cibinong for bottled water, East Jakarta for cosmetics, and Sukabumi for soy beverages, alongside distribution hubs across Java and outside Java regions serving general trade, modern trade, and e-commerce channels that account for approximately 45%, 40%, and 15% of sales, respectively; exports of cosmetics extend to markets including China, Japan, Malaysia, Saudi Arabia, Myanmar, and Timor-Leste. Founded in 1985 and headquartered in South Jakarta, Indonesia, PT Akasha Wira International Tbk functions as a subsidiary of Water Partners Bottling S.A. and trades on the Indonesia Stock Exchange under the ticker ADES.JK. In recent years, the company pursues a comprehensive transformation program emphasizing sales growth, productivity gains through automation and infrastructure upgrades, and capacity expansions with capital expenditures exceeding Rp100 billion annually; it accelerates distribution network strengthening, particularly outside Java where contributions rose to 35.4% of sales in 2024 from 23% in 2019, alongside product innovations in high-growth niches and sustained investments in scalable platforms to support ongoing acquisitions and geographic penetration.