PT King Tire Indonesia Tbk
IIDX:TYRE93.00
IDR
-1.00
(-1.06%)
ISIN
ID1000188709
Return %
Stock
S&P 500
1Y
-27.34
14.20
3Y
-25.60
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Harris Muliawan
- Full Time Employees
- 104
- Sector
- Consumer durables
- Industry
- Automotive aftermarket
- Address
- Serang Indonesia
- IPO Date
- May 8, 2023
- Website
- kingland.co.id
- Similar Companies
- Business
- PT King Tire Indonesia Tbk is an Indonesia-based automotive component manufacturing company primarily engaged in the design, production, and distribution of tires and inner tubes. Founded in 2010, with industrial operational origins dating back to 1977, the company is headquartered in Serang, Banten, Indonesia, where it operates its integrated production facilities. PT King Tire Indonesia Tbk commercializes its offerings primarily under the Kingland brand across three main categories: Regular, Premium, and Racing. The company's comprehensive product and service portfolio comprises pneumatic outer motorcycle tires in both tube-type and tubeless configurations, spanning daily commuter, high-mileage, retro, and performance racing series such as King Tiger, King Jaguar, King Puma, King Anaconda, King Axcero CTX007, and Atlantis; rubber inner tubes engineered for bicycles, motorcycles, passenger vehicles, light commercial vehicles, and heavy-duty trucks; low-rolling-resistance tires specifically developed for battery electric vehicles (EVs); and contract Original Equipment Manufacturer (OEM) manufacturing services for two-wheeler and bicycle assemblers. The company maintains international quality compliance standards, including SNI ISO 9001:2015 and E4 certification from the Netherlands Vehicle Authority (RDW). Operating across replacement aftermarket channels and OEM supply chains, its distribution footprint encompasses wholesale distributors, retail tire outlets, and automotive assembly networks across Indonesia, alongside expanding export operations to emerging regional markets. In recent corporate developments, the company completed its initial public offering on the Indonesia Stock Exchange in May 2023 under the ticker TYRE, raising IDR 96.6 billion to support operational scaling and working capital requirements. PT King Tire Indonesia Tbk has since broadened its strategic OEM partnerships, securing a supply agreement with PT Hartono Istana Teknologi (Polytron) in 2024 to provide energy-efficient, low-rolling-resistance tires for Polytron Fox-R and Fox-S electric motorcycle models, as well as an OEM partnership with TVS Motor Company Indonesia for the TVS Neo XR motorcycle line. Additionally, the company has expanded its product development pipeline by introducing specialized radial and tubeless tire offerings tailored to the accelerating adoption of electric two-wheelers.