1. Indonesia Stocks

  2. •

    Consumer Cyclical

  3. •

    Leisure
PT Pembangunan Jaya Ancol Tbk

PT Pembangunan Jaya Ancol Tbk

PJAA.JK
PT Pembangunan Jaya Ancol TbkID flagIndonesia Stock Exchange
466.00
IDR
- -
- -
745.60BMarket Cap
PT Pembangunan Jaya Ancol Tbk
PJAA.JK
(Indonesia Stock Exchange)

Recent

price

466.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
576.2
583.09
656.55
776.02
688.35
707.18
802.21
775.02
802.43
849.12
258.86
243.34
598.67
796.15
791.19
700.76
745.88
Revenue per Share
88.6
101.2
111
120.12
147.82
181.79
81.77
137.64
139.62
144.02
-245.52
-171.89
96.39
146.98
111.12
112.62
87.29
Basic EPS, GAAP
-130.65
-155.5
-200.27
-179.52
-115.59
-147.34
-174.29
-163.18
-226.19
-248.54
-99.42
-24.71
-74.37
-87.38
-116.53
-53.8
-95.88
Free Cash Flow per Basic Share
40
41.5
44.86
49.5
53.4
65
69
31
52
53
- -
1.8
- -
29
32
24
- -
Dividend per Share
630.25
676.02
739.06
800.62
894.28
1,009.59
1,018.07
1,112.07
1,195.96
1,279.62
1,035.83
870.37
965.25
1,062.03
1,140.15
1,225.04
1,128.6
Book Value per Share
673.73
737.02
803.1
891.57
987.44
1,110.61
1,137.21
1,235.57
1,319.73
1,335.13
1,094.18
925.84
970.65
1,029.21
1,068.04
1,145.55
1,056.11
Tangible Book Value per Share
1,600
1,600
1,605
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
Basic Weighted Avg Shares
921,926
932,950
1,053,738
1,241,637
1,101,364
1,131,490
1,283,535
1,240,030
1,283,885
1,358,598
414,180
389,342
957,879
1,273,834
1,265,897
1,121,209
1,193,407
Sales/Revenue/Turnover
20.12
21.85
24.07
22.04
24.09
35.48
20.73
27.56
31.39
30.62
-59.69
-29.94
33.02
30.88
26.91
17.8
23.79
Operating Margin (%)
- -
3,282
3,711
5,614
5,891
5,064
5,583
4,102
3,621
4,383
6,385
6,669
6,396
11,466
11,106
12,509
11,424
Depreciation Expense
141,758
161,921
178,151
192,190
236,506
290,861
130,825
220,219
223,385
230,424
-392,838
-275,021
154,228
235,173
177,791
180,194
139,660
Net Income, GAAP
24.05
22.38
25.63
27.44
17.48
23.56
37.61
33.48
35.5
34.98
- -
- -
15.98
32.43
29.28
19.97
30.1
Effective Tax Rate (%)
15.38
17.36
16.91
15.48
21.47
25.71
10.19
17.76
17.4
16.96
-94.85
-70.64
16.1
18.46
14.04
16.07
11.7
Profit Margin (%)
305,532
152,395
260,207
223,358
134,550
93,398
-113,053
28,520
-241,629
16,695
-1,105,710
-163,217
-371,560
-178,684
102,683
472,416
-177,117
Working Capital
119,594
50,000
436,480
437,371
344,024
338,611
345,840
495,384
400,769
699,135
94,611
1,214,252
827,044
779,488
649,478
748,473
650,991
LT Debt
1,077,976
1,179,225
1,310,076
1,445,062
1,594,772
1,788,538
1,828,112
1,990,438
2,125,631
2,150,682
1,761,786
1,492,819
1,560,929
1,668,240
1,733,877
1,860,064
1,716,952
Total Equity
11.53
12.03
11.75
10.38
10.52
13.84
6.49
8.05
8.3
8.21
- -
- -
8.49
9.44
9.05
6.11
7.78
Return on Invested Capital (%)
12.36
14.05
12.21
11.8
13.66
15.17
5.62
9.75
9.02
8.7
- -
- -
7.79
10.73
9
8.47
7.58
Return on Capital (%)
14.62
15.49
15.71
15.58
17.44
19.1
8.07
12.92
12.1
11.63
-21.21
-18.03
10.5
14.5
10.09
9.52
7.95
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
250,092
249,651
249,363
LT Borrowings
564,980
565,308
565,640
LT Finance Leases
84,498
84,498
85,351
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,600
1,600
1,600
Market Capitalization
896,000
808,000
758,400

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
672,233
427,601
434,448
Cash, Cash Equivalents & STI
295,286
292,637
237,883
Accounts Receivable, Net
39,431
45,677
50,997
Inventories
284,970
7,636
6,950
Total Current Liabilities
569,550
651,318
611,565
Payables & Accruals
- -
- -
- -
ST Debt
250,092
249,651
249,363
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.83%
1.47%
7.28%
Free Cash Flow
12.32%
24.57%
-53.83%
Net Income, GAAP
-40.92%
-31.33%
1.35%
Sales/Revenue/Turnover
11.09%
32.19%
-11.43%
Total Cash Common Dividend
- -
- -
-25%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
255,650
312,304
313,492
384,451
1,265,897
2025
210,797
284,667
322,680
- -
1,121,209
2026
207,575
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.14
- -
- -
- -
111.12
2025
-6.98
- -
- -
- -
112.62
2026
-24.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31.91
- -
- -
- -
32
2025
- -
- -
- -
- -
24
2026
- -
- -
- -
- -
- -
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Business
PT Pembangunan Jaya Ancol Tbk (PJAA.JK) develops and manages integrated tourism, recreation, and real estate assets in North Jakarta, Indonesia, operating over 500 hectares of waterfront property including theme parks, water adventures, hotels, and residential clusters. Founded in 1966 as a project executor and restructured in 1992 with headquarters in Jakarta Utara, the company lists on the Indonesia Stock Exchange since 2004 and segments operations into tourism, real estate, and trading/services; tourism generates the largest revenue share through Ancol Taman Impian entrance fees, Dufan Ancol amusement park, Sea World Ancol aquarium, Atlantis Ancol water adventure, Samudra Ancol marine park with new alpaca exhibits, Jakarta Bird Land, Ecopark Ancol, Putri Duyung Ancol resort with premium Paus Cottage cluster, Pasar Seni Ancol art market, Gondola cable car, Faunaland zoo, beaches, and events venues like Candi Bentar Convention Hall and Ecovention; real estate offers sales and rentals of residential properties including Marina Coast, D’Cove, Coastavilla, Puri Marina Ancol Town House, Northland Apartment, and Jaya Ancol Seafront in West Ancol, East Ancol, and Pademangan areas; trading and services encompass souvenirs, marine transportation, restaurant management such as Talaga Sampireun and Bandar Djakarta, water supply via subsidiaries like Sarana Tirta Utama, and highway construction consulting. The company, majority-owned by the Jakarta Regional Government (72%) and PT Pembangunan Jaya (18%), targets domestic and foreign leisure visitors, families, MICE groups, and property buyers primarily in Indonesia with key subsidiaries including Taman Impian Jaya Ancol, Seabreez Indonesia, and PT Jaya Ancol Pratama Tol. Recent developments include issuance of Shelf Registration Bonds III Phase I in July 2024 totaling Rp503.06 billion across Series A (Rp446.03 billion, 8.50%, maturing 2027), B (Rp20.01 billion, 8.75%, 2029), and C (Rp37.02 billion, 9.60%, 2031) at idA+ rating to strengthen capital and repay debts like the Rp220 billion working capital facility from Bank Danamon in September 2025 and prior Bank DKI repayment; selection process for strategic partners to reclaim 65 hectares of land; innovations such as Indonesia's first robot show "The Future Unleash," educational animations, and new attractions boosting 2024 visitor numbers to nearly 10 million despite a 10% YoY decline; and financials showing 2024 revenues of Rp1.266 trillion (tourism Rp951 billion, real estate Rp224 billion, trading/services Rp228 billion), net profit Rp177 billion, and total assets Rp3.592 trillion.