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PT Cemindo Gemilang Tbk

PT Cemindo Gemilang Tbk

CMNT.JK
PT Cemindo Gemilang TbkID flagIndonesia Stock Exchange
785.00
IDR
-15.00
- -
13.44TMarket Cap
PT Cemindo Gemilang Tbk
CMNT.JK
(Indonesia Stock Exchange)

Recent

price

785.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
375.66
369.95
418.02
550.24
565.66
561.32
517.2
524.14
511.56
Revenue per Share
-48.96
-3.53
27.52
14.73
-5.22
9.04
-41.82
-8.77
-26.64
Basic EPS, GAAP
-34.02
-29.22
-16.85
-110.54
-65.52
-18.92
-22.19
-21.01
-9.37
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
47.27
43.87
135.89
371.17
320.83
329.74
288.22
279.35
278.39
Book Value per Share
187.68
187.86
154.06
262.38
218.87
227.82
179.1
165.39
169.52
Tangible Book Value per Share
17,126
17,126
17,126
15,044
17,126
17,126
17,126
17,126
17,126
Basic Weighted Avg Shares
6,433,419
6,335,572
7,158,870
8,278,058
9,687,149
9,612,847
8,857,280
8,976,099
8,760,747
Sales/Revenue/Turnover
4.38
13.47
12.17
12.5
11.72
10.38
4.36
8.8
4.04
Operating Margin (%)
82,776
75,873
56,181
71,826
57,868
65,714
95,023
72,872
99,030
Depreciation Expense
-838,491
-60,493
471,342
221,547
-89,361
154,809
-716,258
-150,260
-456,185
Net Income, GAAP
- -
50.36
- -
43.39
- -
48.43
- -
- -
21.4
Effective Tax Rate (%)
-13.03
-0.95
6.58
2.68
-0.92
1.61
-8.09
-1.67
-5.21
Profit Margin (%)
-4,110,732
-4,411,768
-4,691,452
-4,505,499
-4,871,014
-4,098,376
-5,342,666
-3,446,822
-3,535,561
Working Capital
6,344,845
5,648,258
6,297,250
6,310,390
5,654,931
5,547,531
4,534,502
6,250,263
6,220,625
LT Debt
3,348,191
3,343,462
2,740,030
4,048,853
3,840,320
3,981,761
3,151,127
2,921,019
2,974,976
Total Equity
- -
3.62
- -
4.47
- -
3.71
- -
- -
- -
Return on Invested Capital (%)
- -
3.29
- -
3.85
- -
3.41
- -
- -
4.2
Return on Capital (%)
- -
-7.75
30.62
5.6
-1.61
2.78
-13.54
-3.09
-9.14
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
4,288,144
2,673,666
2,673,598
LT Borrowings
4,390,564
6,355,993
6,079,933
LT Finance Leases
143,938
154,461
140,692
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17,126
17,126
17,126
Market Capitalization
15,070,444
15,412,954
13,529,148

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
3,449,335
3,405,970
3,301,877
Cash, Cash Equivalents & STI
643,573
494,695
419,431
Accounts Receivable, Net
714,364
650,187
669,589
Inventories
1,760,034
1,681,167
1,651,782
Total Current Liabilities
8,792,001
6,954,954
6,837,438
Payables & Accruals
- -
- -
- -
ST Debt
4,288,144
2,673,666
2,673,598
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.63%
-7.3%
Free Cash Flow
- -
76.95%
-5.33%
Net Income, GAAP
- -
-221.65%
-79.02%
Sales/Revenue/Turnover
- -
5.07%
1.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,066,150
2,095,514
2,334,163
2,361,453
8,857,280
2025
1,925,098
2,140,033
2,546,788
- -
8,976,099
2026
2,076,648
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-13.01
- -
- -
- -
-41.82
2025
-16.92
- -
- -
- -
-8.77
2026
-5.15
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
PT Cemindo Gemilang Tbk manufactures and sells cement, clinker, and ready-mix concrete primarily in Indonesia and Vietnam. The company produces premium cement under the Semen Merah Putih brand in Indonesia, including Semen Merah Putih, Semen Merah Putih Watershield for enhanced building protection and durability, and various bulk cement products such as ULTRAMIX-P for strength development, ULTRAMIX-G as general-purpose cement, ULTRAMIX-A for faster setting and high compressive strength, ULTRACEM ground granulated blast furnace slag, and DURAPRO eco-friendly low-CO2 cement; in Vietnam, through its subsidiary Chinfon Cement Corporation, it offers Chinfon PCB40 and PCB30 for civil construction, Chinfon PCB40 bulk cement for ready-mix, and Ordinary Portland Cement meeting TCVN 2682:2020 standards. Operations encompass andesite and limestone quarrying, wastewater management, mining, trucking transportation, and cement packing services, with exports to Australia, Philippines, Tahiti, Bangladesh, Sri Lanka, China, and Madagascar; the company maintains six plants in Indonesia across Banten, East Java, West Kalimantan, North Sumatra, and Bengkulu, plus integrated facilities and grinding plants in Vietnam's Hai Phong and Ho Chi Minh City regions, achieving combined capacities of 9.5 million tons per annum clinker and 13.9 million tons per annum cement, distributed to 17 Indonesian provinces via networks in Sumatra, Kalimantan, Java, Bali, and Southeast Nusa. Founded in 2011 and headquartered in South Jakarta, Indonesia, PT Cemindo Gemilang Tbk operates as a subsidiary of WH Investment Pte Ltd with over 4,000 employees serving infrastructure, industrial, housing, and general construction markets. In January 2025, the company signed a $450 million loan facility agreement with Bangkok Bank Public Company Limited, effective January 20, to consolidate existing loans into a more efficient structure with optimized payments, rationalized maturities, and added letter of credit and foreign exchange hedging support, approved by shareholders at an extraordinary general meeting on December 4, 2024, to enhance financial management, bolster transportation and distribution assets, and fund expansion into deeper Indonesian regions; it also maintains an idA- rating with stable outlook from PEFINDO, launched carbon injection technology from a Canadian partner to reduce cement usage by up to 4% in projects like Jakarta's Hiera township, and reported surging Q3 sales amid government-backed housing and infrastructure growth.