1. Indonesia Stocks

  2. •

    Consumer non-durables

  3. •

    Apparel/Footwear
PT Maja Agung Latexindo Tbk

PT Maja Agung Latexindo Tbk

IIDX:SURI
75.00
IDR
+5.00
(+7.14%)
0.15EPS
391.77P/E
367.39BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
49.47
53.38
14.73
17.53
18.42
23.72
24.87
Basic EPS, GAAP
4.55
4.17
1.61
1.17
-0.61
-0.53
0.15
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
10.55
14.72
16.33
54.71
54.18
53.75
54.65
Tangible Book Value per Share
10.55
14.72
16.33
54.07
53.53
53.1
54
Basic Weighted Avg Shares
6,334
6,334
6,334
4,663
6,334
6,334
6,334
Sales/Revenue/Turnover
313,373
338,127
93,327
81,718
116,670
150,238
157,521
Operating Margin (%)
10.76
10.2
-5.53
8.97
-5.29
-3.34
0.43
Depreciation Expense
80
77
50
7
- -
- -
- -
Net Income, GAAP
28,824
26,427
10,226
5,468
-3,874
-3,379
938
Effective Tax Rate (%)
22.05
22.33
22.6
25.96
- -
- -
26.91
Profit Margin (%)
9.2
7.82
10.96
6.69
-3.32
-2.25
0.6
Working Capital
26,190
28,573
40,668
235,779
159,810
157,324
164,968
LT Debt
7,001
- -
- -
- -
- -
393
127
Total Equity
66,807
93,257
103,443
346,573
343,169
340,457
346,154
Return on Invested Capital (%)
- -
23.63
0.81
0.24
- -
- -
0.2
Return on Capital (%)
- -
28.09
10.04
2.43
- -
- -
0.27
Return on Common Equity (%)
- -
33.02
10.4
2.43
-1.12
-0.99
0.27

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,192
1,172
1,179
LT Borrowings
393
275
127
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,334
6,334
6,334
Market Capitalization
576,428
424,403
367,394

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
198,368
202,644
203,167
Cash, Cash Equivalents & STI
673
4,814
50,444
Accounts Receivable, Net
44,741
47,716
58,240
Inventories
54,945
56,207
51,444
Total Current Liabilities
41,044
40,556
38,199
Payables & Accruals
- -
- -
- -
ST Debt
1,192
1,172
1,179
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
56.76%
-0.79%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
-59.95%
-12.76%
Sales/Revenue/Turnover
- -
-1.08%
28.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
26,798
11,640
37,310
40,922
116,670
2025
34,061
36,218
42,769
37,189
150,238
2026
36,000
41,563
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.04
0.05
-0.72
-0.61
2025
0.07
0.15
-1.08
0.33
-0.53
2026
0.57
0.33
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Imelda Lin
Full Time Employees
126
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
Jalan Utama No. 98 Kabupaten Deli Serdang SU Indonesia 20352
IPO Date
Dec 7, 2023
Website
malgloves.com
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Business
PT Maja Agung Latexindo Tbk (SURI.JK) manufactures and sells latex gloves and related products in Indonesia. The company produces examination gloves, industrial gloves, specialty gloves, and concentrated latex; it serves the medical and healthcare sector, industrial applications, beauty care, and sports industries with products for both domestic and export markets. Founded in 1988 and headquartered in Deli Serdang, North Sumatra, at Jl. Utama No. 98 Pujimulyo, Sunggal, the company operates primarily from Indonesia with exports to international customers. In December 2023, PT Maja Agung Latexindo Tbk listed its shares on the Indonesia Stock Exchange Development Board, marking its initial public offering and providing capital for expansion. Recent strategic initiatives include expanding distribution centers to enhance market penetration, boosting export capabilities to additional countries, and implementing operational efficiencies to lower production costs and support sales growth into 2025; the company also collaborates with the Shamrock Group to procure raw materials from rubber farming communities in South Sumatra, ensuring sustainable supply chains.