1. Singapore Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
Golden Agri-Resources Ltd

Golden Agri-Resources Ltd

GARPF
Golden Agri-Resources LtdUS flagOther OTC
0.21
USD
-0.04
- -
2.66BMarket Cap
Golden Agri-Resources Ltd
GARPF
(Other OTC)

Recent

price

0.21

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
0.29
0.49
0.49
0.51
0.59
0.51
0.57
0.59
0.56
0.51
0.56
0.8
0.9
0.77
0.86
- -
0.51
Revenue per Share
0.12
0.1
0.03
0.02
0.01
- -
0.03
0.01
- -
0.02
- -
0.04
0.06
0.02
0.03
- -
0.02
Basic EPS, GAAP
-0.01
0.02
0.03
- -
-0.01
- -
0.01
0.04
0.02
0.03
0.06
0.04
0.09
0.04
-0.01
- -
0.03
Free Cash Flow per Basic Share
- -
0.01
0.02
0.01
- -
- -
- -
0.01
- -
0.01
- -
0.01
0.02
0.01
0.01
- -
0.01
Dividend per Share
0.47
0.57
0.57
0.57
0.18
0.18
0.21
0.2
0.21
0.22
0.22
0.25
0.3
0.3
0.33
- -
0.22
Book Value per Share
0.56
0.64
0.67
0.66
0.26
0.25
0.28
0.28
0.29
0.31
0.3
0.34
0.37
0.37
0.41
- -
0.31
Tangible Book Value per Share
12,139
12,139
12,430
12,838
12,838
12,735
12,735
12,735
12,735
12,735
12,700
12,692
12,683
12,682
12,682
- -
12,735
Basic Weighted Avg Shares
3,505
5,953
6,052
6,585
7,619
6,510
7,209
7,508
7,167
6,432
7,078
10,183
11,439
9,756
10,910
12,951
6,432
Sales/Revenue/Turnover
54.63
28.61
11.19
7.98
2.87
2.47
2.84
3.14
1.62
2.01
4.71
7.18
12.61
4.88
5.72
6.05
1.39
Operating Margin (%)
82
95
116
134
149
311
349
344
284
312
329
365
398
373
356
374
312
Depreciation Expense
1,423
1,268
410
311
114
10
400
74
-2
194
32
476
782
198
365
400
194
Net Income, GAAP
24.99
25.01
32.1
26.5
25.92
- -
- -
30.71
97.81
18.12
65.24
27.42
31.45
43.94
26.05
33.36
18.12
Effective Tax Rate (%)
40.6
21.3
6.77
4.73
1.49
0.16
5.54
0.99
-0.02
3.02
0.45
4.68
6.84
2.03
3.34
3.09
3.02
Profit Margin (%)
431
738
1,120
654
356
337
61
277
395
226
469
497
965
1,159
1,443
1,295
226
Working Capital
444
664
1,421
1,521
1,428
1,599
1,293
1,250
1,509
1,273
1,181
1,349
1,140
1,395
1,734
1,446
1,273
LT Debt
6,945
8,112
8,618
8,803
3,793
3,749
4,096
4,109
4,310
4,505
4,432
4,892
5,254
5,180
5,378
5,727
4,505
Total Equity
20.18
14.8
4.65
3.52
1.77
- -
- -
2.28
0.04
1.41
1.52
6.82
12.05
3.19
5.28
5.74
0.97
Return on Invested Capital (%)
24.94
17.44
5.33
4.02
2.59
- -
- -
2.88
-0.03
5.22
0.81
8.72
12.64
4.35
6.43
6.16
5.22
Return on Capital (%)
28.42
20.15
5.87
4.34
2.38
0.45
16.29
2.84
-0.07
7.16
1.15
16.15
22.71
5.2
9.1
9.25
7.16
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'19
Sep'19
Dec'19
ST Debt
1,795
1,751
1,871
LT Borrowings
1,246
1,362
1,253
LT Finance Leases
19
16
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12,735
12,735
12,735
Market Capitalization
2,062
2,165
1,753

Working Capital

FRC

•

in mil. unless spec.
Jun'19
Sep'19
Dec'19
Total Current Assets
2,791
2,666
2,963
Cash, Cash Equivalents & STI
472
513
784
Accounts Receivable, Net
501
417
501
Inventories
921
950
1,079
Total Current Liabilities
2,776
2,610
2,737
Payables & Accruals
- -
- -
- -
ST Debt
1,795
1,751
1,871
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.4%
5.34%
6.48%
Free Cash Flow
-94.52%
-316.71%
-1,489.06%
Net Income, GAAP
-607.06%
296.67%
9.78%
Sales/Revenue/Turnover
8.22%
14.41%
18.72%
Total Cash Common Dividend
61.93%
24.04%
0.84%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
9,756
2024
- -
- -
- -
- -
10,910
2025
- -
- -
- -
- -
12,951

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.02
2024
- -
- -
- -
- -
0.03
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.01
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
- -
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Business
Golden Agri-Resources Ltd (GARPF) is a leading vertically integrated agribusiness focused on the cultivation, harvesting, processing, and merchandising of palm oil and its derivatives. The company produces crude palm oil, palm kernel oil, palm kernel meal, oleochemicals, specialty fats, biodiesel, refined edible oils including cooking oil, margarine, shortening, lauric fats; and consumer branded products such as Hua Feng instant noodles, Freedom sunflower oil, and Filma cooking oil, alongside other vegetable oils like sunflower, rice bran, mustard, and groundnut. Founded in 1996 and headquartered at Golden Agri Plaza, 108 Pasir Panjang Road, Singapore, GAR operates extensive oil palm plantations primarily in Indonesia through subsidiaries like PT SMART Tbk, with distribution reaching over 110 countries including the USA, Europe, China, India, and the Middle East. In recent developments, GAR forged a strategic multi-year partnership with Verborg Group in January 2024 to exclusively supply over one million tons of tropical oils such as crude palm oil, crude palm kernel oil, and coconut oil to its new refinery in the Netherlands; joined the World Business Council for Sustainable Development in February 2024 to advance sustainable agriculture; and entered a long-term alliance with ED&F Man Liquid Products-North America and Westway Feed Products in February 2025 to expand sustainable palm-based animal feed solutions under the GoNutri brand, targeting dairy, swine, and poultry nutrition in North America.