PT Bakrie Sumatera Plantations Tbk

PT Bakrie Sumatera Plantations Tbk

IIDX:UNSP
250.00
IDR
-10.00
(-3.85%)
-105.91EPS
515.03BMarket Cap
2013 Y
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
1,513.42
1,921.73
1,473.45
1,140.82
1,096.77
1,008.13
793.56
1,002.62
1,588.34
1,675.62
962
931.09
1,022.84
1,078.2
Basic EPS, GAAP
-2,013.63
-454.49
-340.29
-352.32
-1,178.05
-764.31
-1,783.29
-307.3
51.47
86.7
25.07
55.55
6.46
-105.91
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3,492.05
1,577.78
1,221.5
969.49
-227.74
-573.85
-1,789.56
-2,332.1
-2,280.57
-2,191.39
-2,167.27
-2,110.46
-2,108.11
-2,215.36
Tangible Book Value per Share
2,732.36
1,095.71
736.29
512.36
-662.32
-696.99
-1,797.2
-2,334.4
-2,282.87
-2,193.69
-2,173.76
-2,114.42
-2,111.84
-2,218.98
Basic Weighted Avg Shares
1,372
1,372
1,372
1,372
1,372
1,936
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
Sales/Revenue/Turnover
2,076,486
2,636,703
2,021,647
1,565,244
1,504,817
1,951,840
1,984,017
2,506,717
3,971,114
4,189,330
2,405,153
2,327,870
2,557,260
2,695,682
Operating Margin (%)
6.29
11.02
1.57
-2.56
6.72
-10.54
-17.52
-4.22
12.59
6.95
1.67
7.55
15.04
12.7
Depreciation Expense
27,389
32,297
29,290
32,157
42,539
54,698
17,213
53,507
53,594
42,647
30,354
23,275
17,427
17,826
Net Income, GAAP
-2,762,792
-623,581
-466,892
-483,395
-1,616,338
-1,479,785
-4,458,517
-768,300
128,686
216,770
62,691
138,889
16,152
-264,802
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
63.09
1.74
72.49
50.44
84.63
- -
Profit Margin (%)
-133.05
-23.65
-23.09
-30.88
-107.41
-75.81
-224.72
-30.65
3.24
5.17
2.61
5.97
0.63
-9.82
Working Capital
-2,899,502
-5,115,725
-6,543,661
-9,107,297
-10,157,522
-11,624,222
-10,800,982
-11,968,923
-11,410,562
-7,598,182
-6,912,598
-7,294,876
-7,483,636
-7,835,793
LT Debt
6,742,018
5,532,321
5,467,242
2,841,273
2,122,871
866,765
1,546,720
1,358,142
1,473,315
878,577
206,016
5,327
3,067
1,814
Total Equity
4,845,570
2,159,736
1,667,936
1,329,404
-312,475
-1,434,710
-5,446,411
-7,010,459
-6,892,884
-5,956,620
-5,932,870
-5,276,487
-5,270,612
-5,538,760
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
13.25
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
12.06
-47.08
-13.5
-23.84
-4.29
- -
Return on Common Equity (%)
-43.7
-17.93
-24.31
-32.16
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,667,054
4,724,621
4,769,703
LT Borrowings
- -
- -
- -
LT Finance Leases
3,067
2,432
1,814
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,500
2,500
2,500
Market Capitalization
1,090,071
805,052
515,033

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
886,133
878,803
778,416
Cash, Cash Equivalents & STI
170,825
120,585
139,866
Accounts Receivable, Net
65,985
30,465
46,660
Inventories
276,303
269,598
309,490
Total Current Liabilities
8,369,769
8,460,658
8,614,209
Payables & Accruals
- -
- -
- -
ST Debt
4,667,054
4,724,621
4,769,703
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
49.69%
-5.37%
-0.11%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
26.18%
-17.24%
-88.37%
Sales/Revenue/Turnover
5.92%
5.59%
9.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
474,467
619,151
693,387
540,865
2,327,870
2025
497,478
643,911
727,706
688,165
2,557,260
2026
561,076
718,735
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-97.43
-131.8
1,041.82
-757.04
55.55
2025
-89.51
95.98
-31.86
31.85
6.46
2026
1.3
-107.2
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

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

Company Description

CEO
Bayu Irianto
Full Time Employees
4,644
Sector
Distribution services
Industry
Wholesale distributors
Address
Jl. Ir. Juanda Medan SU Indonesia 21222
IPO Date
Mar 6, 1990
Business
PT Bakrie Sumatera Plantations Tbk PT Bakrie Sumatera Plantations Tbk (UNSP.JK) engages in the plantation, processing, and trading of agricultural and industrial products, primarily operating as an integrated agro-business with segments in palm oil and derivatives, rubber, and oleochemicals. The company produces crude palm oil (CPO), palm kernel (PK), palm kernel oil (PKO), and derivatives such as refined bleached deodorized (RBD) palm olein, stearin, and palm fatty acid distillate (PFAD); natural rubber products including centrifuge latex, RSS-1, SIR 3 CV, SIR 10/20, and block skim rubber (BSR); and oleochemicals comprising fatty acids, fatty alcohols, and glycerin, supported by five palm oil mills, three rubber processing plants, and one oleochemical facility. Founded in 1911 as a rubber plantation company in North Sumatra, Indonesia, and headquartered in Kisaran, Asahan Regency, it manages approximately 67,591 hectares of oil palm and rubber plantations across provinces including North Sumatra, West Sumatra, Jambi, South Sumatra, Riau Islands, and South Kalimantan, serving domestic and export markets in food, non-food industries, and further internal absorption by its oleochemical segment. Recent developments include a joint venture with ASD Costa Rica through PT ASD-Bakrie Oil Palm Seed Indonesia, established in 2008 for research, breeding, and production of high-quality, locally adapted oil palm seeds targeting up to 20 million seeds annually; a memorandum of understanding (MoU) with Bank Negara Indonesia (BNI) for palm oil replanting financing potentially reaching Rp1 trillion to support over 13,400 plasma farmers; ongoing share purchases by Paradiso Resources Ltd., including 16.5 million shares in March, alongside indications of affiliate interests from PT Danpac Futures and PT Asjaya Indosurya for potential acquisition and capital increases as of late 2024; and the release of its 2024 annual report emphasizing efficiency optimization for sustainable profitability, with public exposés in June 2025 highlighting commitments to service, development, and partnerships.