1. Indonesia Stocks

  2. •

    Energy

  3. •

    Coal
PT Golden Energy Mines Tbk

PT Golden Energy Mines Tbk

GEMS.JK
PT Golden Energy Mines TbkID flagIndonesia Stock Exchange
6,375.00
IDR
- -
- -
37.50TMarket Cap
PT Golden Energy Mines Tbk
GEMS.JK
(Indonesia Stock Exchange)

Recent

price

6,375.00

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
0.06
0.06
0.07
0.06
0.07
0.06
0.07
0.13
0.18
0.19
0.18
0.27
0.5
0.49
0.46
0.41
0.4
Revenue per Share
- -
0.01
- -
- -
- -
- -
0.01
0.02
0.02
0.01
0.02
0.06
0.12
0.09
0.08
0.04
0.04
Basic EPS, GAAP
- -
-0.01
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.02
-0.02
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.01
0.02
0.01
0.01
0.05
0.09
0.07
0.08
0.04
- -
Dividend per Share
0.03
0.02
0.01
0.01
0.02
0.02
0.02
0.02
0.03
0.03
0.03
0.03
0.07
0.08
0.08
0.09
0.11
Book Value per Share
0.03
0.06
0.05
0.04
0.04
0.04
0.04
0.05
0.05
0.06
0.06
0.05
0.09
0.11
0.11
0.12
0.13
Tangible Book Value per Share
1,817
5,109
5,882
5,882
5,882
5,882
5,882
5,882
5,882
5,882
5,882
5,882
5,882
5,882
5,882
5,882
5,882
Basic Weighted Avg Shares
102
316
410
363
436
353
384
759
1,045
1,107
1,061
1,586
2,920
2,902
2,706
2,414
2,348
Sales/Revenue/Turnover
5.44
14.87
2.95
2.7
3.55
2.63
13.57
22.54
13.82
9.75
12.9
29.84
31.42
23.82
23.64
15.01
13.81
Operating Margin (%)
- -
2
3
2
4
3
3
3
4
4
9
10
10
11
12
15
16
Depreciation Expense
3
35
18
19
11
2
34
118
99
65
94
348
680
518
474
258
225
Net Income, GAAP
16.54
24.19
18.29
26.68
28.8
7.92
28.98
28.45
25.81
33.46
24.6
23.18
22.56
22.58
24.01
26.65
27.45
Effective Tax Rate (%)
3.32
10.98
4.49
5.12
2.48
0.57
8.96
15.5
9.45
5.91
8.85
21.94
23.3
17.86
17.51
10.7
9.58
Profit Margin (%)
33
223
131
69
77
126
150
168
63
90
77
9
251
227
184
194
260
Working Capital
2
- -
- -
- -
- -
48
47
40
75
86
73
54
66
- -
30
72
69
LT Debt
62
314
292
242
248
248
265
292
316
358
349
316
558
663
661
709
790
Total Equity
- -
17.81
3.16
2.63
4.39
3.07
11.85
33.85
25.48
15.28
20.37
71.5
107.99
61.57
51.9
29.61
24.56
Return on Invested Capital (%)
- -
46.24
22.68
22.66
11.85
6.51
26.63
67.01
41.63
23.07
28.98
112.82
166.8
79.68
60.84
35.68
29.41
Return on Capital (%)
- -
48.71
22.97
23.62
12.46
2.21
34.45
95.72
66.65
36.28
47.94
199.53
247.32
116.89
96
50.04
36.73
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
136
62
63
LT Borrowings
22
72
68
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,882
5,882
5,882
Market Capitalization
3,159
2,820
3,028

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
602
582
599
Cash, Cash Equivalents & STI
173
112
141
Accounts Receivable, Net
175
240
197
Inventories
38
40
42
Total Current Liabilities
426
388
339
Payables & Accruals
- -
- -
- -
ST Debt
136
62
63
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.9%
18.53%
7.18%
Free Cash Flow
94.59%
143.45%
-81.88%
Net Income, GAAP
213.16%
57.62%
-45.5%
Sales/Revenue/Turnover
26.12%
23.07%
-10.77%
Total Cash Common Dividend
115.19%
65.88%
-55.79%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
716
652
645
693
2,706
2025
648
496
593
676
2,414
2026
583
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
- -
- -
- -
0.08
2025
0.02
- -
- -
- -
0.04
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.08
2025
- -
- -
- -
- -
0.04
2026
- -
- -
- -
- -
- -
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Business
PT Golden Energy Mines Tbk operates as a coal mining and trading company headquartered in Indonesia. Founded in 1997 and part of the Sinarmas Mining Group, the company engages primarily in the exploration, mining, and marketing of coal. Its operations span several Indonesian regions, including Jambi, South Sumatera, West Sumatera, South Kalimantan, and Central Kalimantan, with a total mining area of 66,204 hectares, holding approximately 2.89 billion tons of potential coal resources and 1.32 billion tons of total reserves. The company’s core products include various coal grades supplied to domestic and export markets across China, India, Thailand, Vietnam, Bangladesh, and South Korea. Besides coal production, Golden Energy Mines also integrates digital and technological innovations through its DigiTech division, offering solutions such as AI-enhanced digital signatures, computer vision technology in mining, and mining operation ERP systems to optimize efficiency and safety. Recent major changes include significant corporate governance updates with several Board of Directors and Commissioners' appointments during its Annual and Extraordinary General Meetings in 2023 and 2024. The company approved amendments to its Articles of Association and authorized financial facilities secured by its assets. Golden Energy Mines declared substantial dividends in the past years, reflecting strong financial performance. Additionally, it has established strategic partnerships and expanded its digital technology offerings, including AI and automation in mining operations, signaling a strategic move toward digital transformation and sustainable mining practices. Through its subsidiaries, including PT Kuansing Inti Makmur and PT Trisula Kencana Sakti, Golden Energy Mines maintains a diversified presence in coal mining and trading, servicing both energy sectors and industrial clients. The integration of advanced technology and automation solutions under its Digital and Technology Solutions Division marks a notable operational development aimed at increasing mining efficiency, safety, and environmental sustainability. The company remains a key player in Indonesia’s coal industry with a firm commitment to sustainability and digital innovation, leveraging its mining licenses, technological investments, and broad geographic reach to serve global energy markets while adapting to industry evolution. This description reflects the latest publicly available information as of late 2025.