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    Consumer durables

  3. •

    Other consumer specialties
PT Hartadinata Abadi Tbk

PT Hartadinata Abadi Tbk

IIDX:HRTA
1,640.00
IDR
+45.00
(+2.82%)
289.13EPS
5.83P/E
7.76TMarket Cap
Oct 29Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
290.04
376.43
477.04
607.62
596.19
702.57
898.67
1,137.37
1,502.29
2,791.81
3,958.22
9,673.37
13,745.85
Basic EPS, GAAP
12.61
15.21
37.26
26.99
26.8
32.6
37.17
42.12
55.05
66.4
96.02
212.47
288.8
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
6
7
8
8
10
12
15
21
- -
Book Value per Share
66.71
85.18
123.62
216.39
237.27
263.09
293.96
328.06
372.92
427.14
508.11
699.34
811.19
Tangible Book Value per Share
66.71
85.18
123.62
216.32
237.14
262.87
293.69
327.71
372.43
426.75
507.75
698.91
810.71
Basic Weighted Avg Shares
4,605
4,605
4,605
4,086
4,605
4,605
4,605
4,605
4,605
4,605
4,605
4,605
4,605
Sales/Revenue/Turnover
1,335,721
1,733,579
2,196,888
2,482,759
2,745,593
3,235,522
4,138,627
5,237,905
6,918,454
12,857,029
18,228,629
44,548,424
63,303,234
Operating Margin (%)
8.1
8.17
8.19
7.78
7.57
7.97
8.61
8.14
7.94
5.5
4.81
3.58
3.21
Depreciation Expense
- -
- -
237
321
798
1,264
7,155
8,638
11,951
20,297
24,976
35,574
40,229
Net Income, GAAP
58,095
70,024
171,578
110,301
123,401
150,110
171,171
193,976
253,521
305,805
442,181
978,493
1,329,997
Effective Tax Rate (%)
24.59
24.85
- -
25.06
25.57
25.05
21.59
21.65
22.09
22.69
21.93
22.25
21.98
Profit Margin (%)
4.35
4.04
7.81
4.44
4.49
4.64
4.14
3.7
3.66
2.38
2.43
2.2
2.1
Working Capital
227,832
315,152
486,477
965,566
1,042,521
1,977,466
2,460,555
2,592,155
2,622,561
1,986,360
2,835,143
3,792,704
4,332,902
LT Debt
17,624
13,547
6,752
71,040
52,080
875,646
1,254,797
1,243,246
1,163,347
306,061
895,603
1,238,923
1,302,411
Total Equity
307,200
392,286
569,302
996,515
1,092,723
1,212,028
1,358,133
1,515,552
1,722,573
1,972,586
2,349,768
3,230,721
3,746,666
Return on Invested Capital (%)
- -
13.37
- -
11.68
10.61
10.22
11
10.68
11.81
12.72
12.93
18.93
21.6
Return on Capital (%)
- -
14.62
- -
12.04
10.99
9.83
10.38
9.99
11.7
12
12.66
18.73
21.72
Return on Common Equity (%)
- -
20.02
35.69
14.09
11.81
13.03
13.34
13.54
15.71
16.6
20.53
35.19
42.04

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,802,277
2,872,124
2,886,870
LT Borrowings
1,234,212
1,232,528
1,294,333
LT Finance Leases
4,711
4,707
8,079
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,605
4,605
4,605
Market Capitalization
9,901,314
10,039,472
7,759,867

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
11,909,616
13,061,298
10,617,440
Cash, Cash Equivalents & STI
1,529,410
2,726,378
983,698
Accounts Receivable, Net
712,619
577,483
586,943
Inventories
8,269,317
8,668,887
7,819,352
Total Current Liabilities
8,116,912
8,846,317
6,284,538
Payables & Accruals
- -
- -
- -
ST Debt
2,802,277
2,872,124
2,886,870
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.91%
19.27%
37.49%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
38.74%
46.11%
121.29%
Sales/Revenue/Turnover
42.67%
66.13%
144.39%
Total Cash Common Dividend
- -
- -
40%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,017,482
4,223,903
5,048,996
4,938,248
18,228,629
2025
6,788,278
8,263,042
10,141,804
19,355,300
44,548,424
2026
20,158,489
13,647,640
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22.3
22.35
20.91
30.46
96.02
2025
32.52
43.16
49.35
87.45
212.47
2026
94.13
57.87
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
15
2025
- -
- -
- -
- -
21
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Sandra Sunanto
Full Time Employees
1,818
Sector
Consumer durables
Industry
Other consumer specialties
Address
Jalan Kopo Sayati No. 165 Bandung JB Indonesia 40228
IPO Date
Jun 21, 2017
Website
hartadinataabadi.co.id
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Business
PT Hartadinata Abadi Tbk manufactures and sells gold jewelry and bullion products in Indonesia; its core offerings include necklaces, rings, pendants, earrings, and bracelets across various gold contents, as well as EMASKU-branded pure gold bars produced through its ISO-certified refinery operated by subsidiary PT MS Mie Abadi Tbk; the company also provides refining services, pawnshop operations via subsidiary PT Gemilang Hartadinata Abadi with over 100 units across six provinces, e-commerce platforms, and gold storage solutions. It operates retail chains under the Aurum Collection Center, ACC Premium, Claudia Perfect Jewellery, Celine Jewellery, and Hartadinata Abadi Store brands, with distribution through wholesalers, independent retailers, franchise stores, and online channels serving consumer and business customers nationwide. Founded in 1989 and headquartered in Bandung, West Java, the company functions as a subsidiary of PT Terang Anugrah Abadi and derives revenue primarily from wholesale, retail, sales to associates, pawn, and refining segments within the luxury goods industry. Recent developments include a July 2025 partnership with PT Bank Syariah Indonesia Tbk and its subsidiary PT Gadai Cahaya Dana Abadi to expand bullion trading and storage under the BSI Gold brand, building on prior collaborations such as those with BSI in November 2024, PT Pegadaian in January 2025, Bank Muamalat Indonesia Tbk in October 2025, PT Agincourt Resources in February 2025, and PT Sumbawa Jutaraya in August 2025; additionally, it secured a 5.7-tonne annual gold supply contract with PT Emas Murni Abadi and PT Gorontalo Minerals in March 2025 to bolster its precious metals ecosystem and support government gold downstreaming initiatives.