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  2. •

    Finance

  3. •

    Real estate development
PT Wulandari Bangun Laksana Tbk

PT Wulandari Bangun Laksana Tbk

IIDX:BSBK
38.00
IDR
0.00
(0.00%)
2.89EPS
17.62P/E
1.28TMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.65
6
9.49
12.17
13.83
14.41
14.91
14.71
Basic EPS, GAAP
-3.08
-4.36
34.4
0.18
1.58
13.93
2.78
2.89
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
1
- -
- -
Book Value per Share
3.73
-4.46
45.47
65.61
67.19
83.34
86.11
87.7
Tangible Book Value per Share
3.73
-4.46
29.62
49.76
51.34
65.45
86.11
87.7
Basic Weighted Avg Shares
25,092
25,092
25,092
21,779
25,092
25,092
25,092
25,092
Sales/Revenue/Turnover
242,069
150,500
238,092
264,971
347,099
361,493
374,204
369,209
Operating Margin (%)
4.28
-24.88
-2.15
29.19
31.29
41.21
38.75
39.62
Depreciation Expense
- -
- -
12,537
12,004
16,086
19,390
15,232
17,291
Net Income, GAAP
-77,185
-109,416
863,184
3,976
39,599
349,585
69,656
72,639
Effective Tax Rate (%)
- -
- -
0.02
5.86
0.74
0.13
0.91
- -
Profit Margin (%)
-31.89
-72.7
362.54
1.5
11.41
96.71
18.61
19.67
Working Capital
-82,095
-215,611
-293,300
191,266
56,580
91,286
69,966
75,680
LT Debt
472,969
473,134
444,756
409,772
374,561
334,455
283,093
253,078
Total Equity
93,496
-111,794
1,140,826
1,646,329
1,685,933
2,091,035
2,160,648
2,200,486
Return on Invested Capital (%)
- -
- -
75.9
3.78
5.35
6.3
5.73
- -
Return on Capital (%)
- -
- -
76.28
2.83
4.07
17.22
4.5
- -
Return on Common Equity (%)
- -
- -
- -
0.29
2.38
18.51
3.28
3.37

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
52,028
54,324
57,443
LT Borrowings
283,093
268,033
253,078
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25,092
25,092
25,092
Market Capitalization
1,756,432
1,430,237
1,279,686

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
202,926
217,677
216,900
Cash, Cash Equivalents & STI
5,155
5,423
7,853
Accounts Receivable, Net
58,274
62,149
66,370
Inventories
133,348
133,182
133,330
Total Current Liabilities
132,959
131,437
141,219
Payables & Accruals
- -
- -
- -
ST Debt
52,028
54,324
57,443
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-209.28%
3.33%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
122.02%
-80.07%
Sales/Revenue/Turnover
- -
21.63%
3.52%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82,515
88,207
92,706
98,064
361,493
2025
90,644
90,078
- -
96,574
374,204
2026
92,068
90,489
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.68
0.91
0.89
11.46
13.93
2025
0.68
0.69
- -
0.62
2.78
2026
0.77
0.82
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Christopher Sumasto Tjia
Full Time Employees
231
Sector
Finance
Industry
Real estate development
Address
JI. Jenderal Sudirman No. 47 Tower G Balikpapan KI Indonesia 76114
IPO Date
Nov 8, 2022
Website
balikpapansuperblock.com
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Business
PT Wulandari Bangun Laksana Tbk (BSBK.JK) engages in real estate development and management in Indonesia, focusing on the integrated Balikpapan Superblock complex spanning 14 hectares in Balikpapan, East Kalimantan; the company develops and sells apartment units, condotels, and shophouses, rents business space units, and provides management services across its Developer, Pentacity Mall, E-Walk Mall, Estate Management, and Other segments including fitness centers, waterparks, food courts, health clinics, schools, recreational facilities, hotels, restaurants, entertainment venues, and shopping centers. Founded in 1994 in Jakarta as PT Dwipagriya Lestari and renamed PT Wulandari Bangun Laksana Tbk in April 2002, it is headquartered at Jl. Jend. Sudirman No. 47, Tower G, Balikpapan Superblock Complex, Balikpapan, East Kalimantan 76114, Indonesia, and operates primarily within the country targeting residential, commercial, and leisure markets. Recent financial performance shows strong growth with net profit surging 352% to Rp62.1 billion in Q1 2024 and revenue reaching IDR 375.69 billion on a TTM basis as of Q3 2025, alongside Q3 2025 earnings release noting EPS of Rp0.79 and plans targeting annual revenue of Rp407 billion; the company listed on the Indonesia Stock Exchange in November 2022 and continues expanding operations in the superblock including new offerings like the Sapphire project amid solid performance in 2023 with net profit of Rp39 billion.