Indo Tambangraya Megah
PT Indo Tambangraya Megah Tbk is one of the leading coal mining companies in Indonesia. The company's businesses include integrated coal mining, coal processing and operational logistics. Its mines are located in the provinces of East, Central and South Kalimantan. The company also owns and operates a coal terminal in Bontang (East Kalimantan), three barge loading facilities, and a power plant.
Profile
| Industry Sector | Mining |
| Industry Sub Sector | Coal Mining |
| Established | 2 September 1987 |
| Listed | 18 December 2007 |
| Listed Company Code | ITMG |
| Listed Shares | 1,129,925,000 |
| Dividend | Yes |
| Major Shareholders (>5%) | Banpu Minerals (SG) Private Ltd (65.14%) |
| Key Subsidiaries | Indominco Mandiri Trubaindo Coal Mining Bharinto Ekatama Kitadin Jorong Barutama Greston |
| Main Commodities |
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Stock Quote Indo Tambangraya Megah - ITMG:
Business Summary
Indo Tambangraya Megah's coal products range between medium and high calorie coal with a calorific value of 4,300-6.300 cal/g. The company's coal stems from six mining concession areas, all located on the island of Kalimantan (four concession areas are located in East Kalimantan, one in South Kalimantan, and the other one in both East Kalimantan and Central Kalimantan).
All coal production is sold to customers in Indonesia and exported to other regions in Asia (Thailand, Philippines, Taiwan, Hongkong, Japan, Korea, China, and India) as well as Europe (Italy).
Indo Tambangraya Megah's Financial Highlights:
| 2015 | 2016 | 2017 | |
| Net Sales | 1,589.4 | 1,367.5 | 1,689.5 |
| Gross Profit | 350.2 | 330.7 | 505.4 |
| Net Income | 63.1 | 130.7 | 252.6 |
| Operating Income |
193.6 | 208.6 | 388.1 |
| Total Assets | 1,178.4 | 1,209.8 | 1,358.7 |
| Total Liabilities | 343.8 | 302.4 | 400.5 |
| Earnings per Share¹ | 0,06 | 0,12 | 0,23 |
| 2010 | 2011 | 2012 | 2013 | 2014 | |
| Net Sales | 1,644.7 | 2,381.9 | 2,438.9 | 2,178.8 | 1,942.7 |
| Gross Profit | 518.1 | 892.1 | 741.2 | 483.7 | 408.9 |
| Net Income | 204.2 | 546.1 | 432.0 | 205.0 | 201.0 |
| Operating Income |
362.9 | 706.9 | 558.4 | 312.0 | 236.8 |
| Total Assets | 1,089.7 | 1,578.5 | 1,491.2 | 1,326.8 | 1,310.5 |
| Total Liabilities | 368.7 | 497.8 | 488.8 | 428.3 | 425.9 |
| Earnings per Share¹ | 0,18 | 0,48 | 0,38 | 0,18 | 0,18 |
in million USD unless otherwise stated
¹ in USD
Source: Indo Tambangraya Megah, Annual Report 2017
Visit our Coal Mining in Indonesia section for more detailed information.
Projection Future Corporate Earnings Indo Tambangraya Megah:
| 2018 | 2019 | 2020F | 2021F | |
| Net Revenue | 2,008.0 | 1,715.6 | 1,287.0 | 1,512.0 |
| Net Profit | 253.0 | 129.4 | 116.0 | 134.0 |
| EBITDA | 448.0 | 493.0 | 229.0 | 225.0 |
| P/E Ratio (x) | 2.7 | 5.6 | 6.2 | 5.4 |
| P/B Value (x) | 0.7 | 0.8 | 0.8 | 0.8 |
in million USD, unless otherwise stated
Source: Mirae Asset Sekuritas (16/07/2020)
Location
Contact Details
Pondok Indah Office Tower III, 3rd Floor
Jalan Sultan Iskandar Muda,
Pondok Indah Kav. V-TA
South Jakarta - 12310
Phone: +62 21 2932 8100
Fax: +62 21 2932 7999
Email:
www.itmg.co.id