1. Indonesia Stocks

  2. •

    Energy

  3. •

    Coal
PT Bayan Resources Tbk

PT Bayan Resources Tbk

BYAN.JK
PT Bayan Resources TbkID flagIndonesia Stock Exchange
9,800.00
IDR
-375.00
- -
326.67TMarket Cap
PT Bayan Resources Tbk
BYAN.JK
(Indonesia Stock Exchange)

Recent

price

9,800.00

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
0.03
0.05
0.04
0.03
0.02
0.01
0.02
0.03
0.05
0.04
0.04
0.09
0.14
0.11
0.1
0.1
0.11
Revenue per Share
- -
0.01
- -
- -
- -
- -
- -
0.01
0.02
0.01
0.01
0.04
0.07
0.04
0.03
0.02
0.03
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.01
-0.01
-0.01
-0.01
-0.01
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
0.01
0.03
0.05
0.02
0.02
0.02
Dividend per Share
- -
0.01
- -
- -
- -
- -
- -
0.01
0.02
0.01
0.02
0.05
0.06
0.05
0.06
0.07
0.06
Book Value per Share
0.01
0.02
0.02
0.01
0.01
0.01
0.01
0.02
0.02
0.02
0.03
0.06
0.06
0.06
0.07
0.08
0.07
Tangible Book Value per Share
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
33,333
Basic Weighted Avg Shares
959
1,509
1,423
1,147
828
465
555
1,067
1,677
1,392
1,395
2,852
4,704
3,581
3,446
3,428
3,534
Sales/Revenue/Turnover
14.95
21.55
2.1
4.36
-1.05
5.76
21.47
41.92
41.44
22.75
20.43
58.84
62.55
44.88
35.19
29.24
32.96
Operating Margin (%)
- -
1
1
1
1
1
1
- -
- -
- -
2
2
1
2
2
2
2
Depreciation Expense
86
208
-10
-36
-138
-64
29
320
500
223
329
1,213
2,178
1,239
923
768
895
Net Income, GAAP
27.7
26.81
- -
- -
- -
- -
38.94
19.54
24.75
24.84
19.26
22.22
21.86
21.64
21.75
22.53
22.34
Effective Tax Rate (%)
8.93
13.81
-0.71
-3.16
-16.71
-13.85
5.18
29.96
29.85
16.05
23.56
42.52
46.31
34.58
26.77
22.4
25.33
Profit Margin (%)
7
-210
68
43
-196
132
136
7
94
-61
533
965
569
563
689
904
725
Working Capital
213
81
617
547
292
539
481
- -
- -
- -
400
- -
- -
- -
- -
- -
- -
LT Debt
341
591
510
450
256
172
188
516
678
619
862
1,863
1,995
1,979
2,314
2,695
2,271
Total Equity
17.83
28.68
- -
- -
- -
- -
10.33
52.55
66.85
25.08
19.91
76.02
100.35
50.99
36.28
28.21
39.82
Return on Invested Capital (%)
24.65
35.36
- -
- -
- -
- -
13.72
75.62
84.78
27.19
32.66
80.29
111.7
56.8
37.79
29.29
42
Return on Capital (%)
81.85
124.14
-6.66
-38.95
- -
- -
- -
- -
126.53
41.92
52.57
100
123.88
68.18
47.38
33.5
45.66
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
338
138
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33,333
33,333
33,333
Market Capitalization
41,850
40,050
40,920

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,766
1,440
1,513
Cash, Cash Equivalents & STI
912
636
778
Accounts Receivable, Net
307
300
247
Inventories
248
227
225
Total Current Liabilities
1,076
577
787
Payables & Accruals
- -
- -
- -
ST Debt
338
138
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
40.12%
31.18%
16.45%
Free Cash Flow
22.26%
19.08%
-4.83%
Net Income, GAAP
117.89%
52.62%
-16.77%
Sales/Revenue/Turnover
29.31%
28.24%
-0.54%
Total Cash Common Dividend
- -
119.05%
-12.5%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
769
765
936
977
3,446
2025
890
732
988
- -
3,428
2026
822
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.03
2025
0.01
- -
- -
- -
0.02
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.02
2025
0.01
- -
- -
- -
0.02
2026
- -
- -
- -
- -
- -
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Business
PT Bayan Resources Tbk PT Bayan Resources Tbk is an Indonesia-based holding company primarily engaged in integrated open-cut coal mining and sales; it produces environmentally friendly, low-sulfur subbituminous and high-calorific value bituminous coal from mines in East and South Kalimantan, including the Tabang, Pakar, Gunung Bayan Pratama, and Wahana projects; the company operates through Coal and Non-Coal segments, providing mining contractor services, coal transshipment via the Balikpapan Coal Terminal, Perkasa and Wahana Jetties, two Floating Transfer Barges (KFTs), and a 101 km coal hauling road/overland conveyor system connecting to the Muara Pahu barge loading facility; additional services encompass power supply, crude palm oil trading, and coal blending capabilities at loading rates of 3,000 to 8,000 tonnes per hour. Founded in 1973 as PT Jaya Sumpiles Indonesia and formally established as PT Bayan Resources Tbk in 2004, the company is headquartered in Jakarta Selatan, Indonesia, with primary operations in Kalimantan serving domestic and international thermal coal markets; it ranks among Indonesia's top five coal producers, employing advanced technologies such as through-seam blasting, fleet management systems, geotechnical slope stability radar, and large 250-tonne payload haul trucks to maintain low-cost production. Recent developments include a major 11-year contract extension in October 2024 with PT Bukit Makmur Mandiri Utama (BUMA) through subsidiary PT Indonesia Pratama for overburden removal and coal production valued at approximately $7.8 billion through 2035; in June 2025, the company acquired a coal terminal from affiliated PT Fajar Sakti Prima for IDR 3.3 trillion ($202 million) and awarded a IDR 151.69 billion development contract to affiliated PT Nirmala Matranusa; ongoing expansions at Tabang/Pakar target over 60 million tonnes per annum production by 2026, supported by new barge loading facilities and infrastructure enhancements completed in 2023-2024.