1. Indonesia Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
PT Sreeya Sewu Indonesia Tbk

PT Sreeya Sewu Indonesia Tbk

SIPD.JK
PT Sreeya Sewu Indonesia TbkID flagIndonesia Stock Exchange
780.00
IDR
-35.00
- -
1.04TMarket Cap
PT Sreeya Sewu Indonesia Tbk
SIPD.JK
(Indonesia Stock Exchange)

Recent

price

780.00

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
3,878.67
4,290.37
4,636.8
4,104.17
2,668.03
1,770.06
2,056.95
1,829.69
2,330.44
3,024.19
3,241.94
4,050.31
4,515.86
3,905.57
2,914.88
- -
2,999.5
Revenue per Share
65.13
23.5
23.77
10.27
3.18
-295.13
11.06
-265.07
19.37
59.58
10.71
-8.79
-162.87
-11.1
1.81
- -
18.91
Basic EPS, GAAP
-275.83
-404.4
-334.02
-288.64
-77.46
-47.07
-58.33
-123.86
-52.03
-56.48
-56.05
-69.95
-92.97
-78.65
-132.59
- -
-71.66
Free Cash Flow per Basic Share
- -
9.81
9.81
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1,312.75
1,323
1,335.59
1,355.37
1,358.01
773.05
1,132.14
732.15
751.52
798.2
798.16
803.34
640.47
859.19
730.44
- -
759.61
Book Value per Share
1,312.96
1,304.91
1,315.11
1,328.16
1,317.41
589.91
959.27
572.4
610.31
656.11
657.64
663.68
505.75
750.67
644.67
- -
679.2
Tangible Book Value per Share
939
939
939
939
939
1,194
1,180
1,339
1,339
1,339
1,339
1,339
1,339
1,560
1,839
- -
1,839
Basic Weighted Avg Shares
3,642,501
4,029,131
4,354,470
3,854,272
2,505,575
2,113,148
2,427,199
2,449,961
3,120,459
4,049,392
4,341,295
5,423,774
6,047,203
6,091,342
5,360,755
5,441,546
5,516,388
Sales/Revenue/Turnover
3.85
3.24
3.41
3.64
0.59
-14.71
2.32
-6.45
4.23
4.81
3
-0.83
-2.32
1.79
1.19
1.57
1.87
Operating Margin (%)
- -
21,876
29,911
32,020
43,186
28,497
22,107
15,782
21,478
19,688
19,860
20,891
20,706
25,579
25,938
17,009
15,820
Depreciation Expense
61,160
22,068
22,321
9,641
2,991
-352,335
13,049
-354,925
25,934
79,776
14,339
-11,777
-218,103
-17,315
3,325
29,326
34,785
Net Income, GAAP
34.32
31.05
24.04
25.66
86.54
- -
- -
- -
23.7
27.5
76.02
- -
- -
- -
79.02
46.72
44.48
Effective Tax Rate (%)
1.68
0.55
0.51
0.25
0.12
-16.67
0.54
-14.49
0.83
1.97
0.33
-0.22
-3.61
-0.28
0.06
0.54
0.63
Profit Margin (%)
502,642
346,679
224,683
178,631
517,290
98,627
422,782
95,861
106,853
212,743
124,068
11,691
-277,127
172,876
32,100
324,254
493,023
Working Capital
211,435
436,092
514,861
558,947
218,019
297,523
171,023
246,780
186,528
168,182
20,386
10,812
11,398
53,344
36,919
303,808
428,561
LT Debt
1,233,011
1,271,072
1,276,743
1,285,094
1,290,187
734,242
1,142,831
791,312
840,488
900,233
900,768
913,516
702,317
1,193,049
1,203,843
1,238,360
1,263,337
Total Equity
5.6
4.47
4.58
3.84
0.08
- -
- -
- -
6
8.5
1.92
- -
- -
- -
0.6
2.25
2.72
Return on Invested Capital (%)
2.3
3.92
4.77
4.33
0.89
- -
- -
- -
4.95
7.56
1.73
- -
- -
- -
0.74
2.81
2.99
Return on Capital (%)
2.75
1.78
1.79
0.76
0.23
-32.06
1.16
-30.65
2.61
7.69
1.34
-1.1
-22.56
-1.58
0.25
2.16
2.52
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
866,482
295,297
380,956
LT Borrowings
16,030
295,606
420,966
LT Finance Leases
7,977
8,202
7,595
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,839
1,839
1,839
Market Capitalization
1,324,153
2,068,990
1,977,035

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,648,337
1,588,123
1,761,002
Cash, Cash Equivalents & STI
319,138
100,196
291,513
Accounts Receivable, Net
470,534
516,589
526,866
Inventories
743,320
863,000
827,152
Total Current Liabilities
1,692,605
1,263,869
1,267,979
Payables & Accruals
- -
- -
- -
ST Debt
866,482
295,297
380,956
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.02%
10.39%
2.87%
Free Cash Flow
23.45%
24.24%
-33.83%
Net Income, GAAP
-76.48%
428.11%
781.98%
Sales/Revenue/Turnover
10.68%
5.33%
1.51%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,412,024
1,300,544
1,291,449
1,356,738
5,360,755
2025
1,357,332
1,156,752
1,420,867
1,506,595
5,441,546
2026
1,432,174
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.49
- -
- -
- -
1.81
2025
10.61
- -
- -
- -
- -
2026
13.58
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
PT Sreeya Sewu Indonesia Tbk (SIPD.JK) operates as an integrated poultry company in Indonesia, focusing on animal feed production; day-old chick (DOC) breeding and hatchery; broiler and layer commercial farming; contract growing; slaughtering; and processed chicken and frozen food manufacturing. The company produces a range of poultry feeds including broiler, layer, breeder, seed chicken, concentrate, quail, duck, and bird feeds in forms such as mash, pellet, crumble, and expander; live birds and broilers; dressed chicken; and value-added frozen products like chicken nuggets, sausages, and meatballs under brands including Royal, Belfoods, and Uenak. It serves supermarkets, restaurants, cafes, and farmers through widespread distribution, emphasizing biosecurity, Halal Blockchain for transparent slaughtering, and innovations such as Smart Farm technology and pineapple extract-based chicken feed, the first of their kind in Indonesia. Established in 1985 as PT Betara Darma Ekspor Impor and listed on the Indonesia Stock Exchange in 1996 under the ticker SIPD, the company is headquartered at Sequis Tower, 40th Floor, Jl. Jenderal Sudirman Kav. 71, Jakarta Selatan, Indonesia. PT Sreeya Sewu Indonesia Tbk is a subsidiary of PT Great Giant Pineapple, part of the Gunung Sewu Kencana Group, with ownership exceeding 50%; it holds a 99.99% stake in PT Belfoods Indonesia for frozen food processing and has established PT Transpasifik Niagareksa for trade and distribution. Operations span Java and other regions including Bogor, Tangerang, and Sidoarjo, supported by approximately 1,400-5,000 employees across feedmills, hatcheries, farms, and slaughterhouses. Recent developments include a name change to PT Sreeya Sewu Indonesia Tbk in September 2021 to align with Gunung Sewu Group synergy; a Limited Public Offering II (PUT II) raising IDR 500 billion in 2023, fully invested as capital in PT Belfoods Indonesia; a 10-for-1 stock split and additional capital without pre-emptive rights to strengthen structure; and a 2024 master franchise partnership via affiliate Jakarta Heritage Rasa Harum with Genesis BBQ for Korean fried chicken expansion, supported by Sreeya's chicken supply. The company reported a net profit turnaround to IDR 3.3 billion in 2024 from prior losses, targeting 3-4% sales growth to around USD 355 million and further profit improvement in 2025 through operational efficiencies.