# PT Semen Indonesia (Persero) Tbk (SMGR)

> SMGR · IDX · Materials, cement · Indonesia · SAK · Fiscal year ends December
>
> Latest report: FY2025, the fiscal year ended 31 December 2025, its statements approved by the board on 27 March 2026. Snapshot FY2025_29196c5f.

Page: https://annalist.io/company/semen-indonesia/

## Latest Figures

| Figure | Value | Exact value | Unit | Change | Period | Period end | Source documents |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue, fiscal year | Rp35.24tn | 35243751000000 | IDR | −2.6% year on year | FY2025 | 2025-12-31 | Annual report 2025-12 |
| Profit before tax, fiscal year | Rp602bn | 601913000000 | IDR | −51.9% year on year | FY2025 | 2025-12-31 | Annual report 2025-12 |
| Net income, fiscal year | Rp191bn | 190848000000 | IDR | −73.5% year on year | FY2025 | 2025-12-31 | Annual report 2025-12 |
| Diluted EPS, fiscal year | Rp28.00 | 28 | IDR/shares | −73.8% year on year | FY2025 | 2025-12-31 | Annual report 2025-12 |
| Pre-tax margin, fiscal year | 1.7% | 1.7079 | % | −1.7pp year on year | FY2025 | 2025-12-31 | Annual report 2025-12 |
| Return on equity, fiscal year | 0.4% | 0.4375 | % | −1.2pp year on year | FY2025 | 2025-12-31 | Annual report 2025-12 |

- Pre-tax margin: Income before income taxes / revenue.
- Return on equity: Net income attributable to the company / average shareholders' equity attributable to the company.

## Key Findings

Each finding is a sentence written by a fixed rule from the figures; the mark in brackets is how the finding moved against the report before.

- Revenue for the fiscal year ended 31 December 2025 was Rp35.24 trillion, 2.6% lower than in the previous fiscal year. [Weakened in FY2025] Sources: Annual report 2025-12.
- Net income attributable to the company for fiscal 2025 was Rp190.8 billion, 73.5% lower than in the previous fiscal year. [Strengthened in FY2025] Sources: Annual report 2025-12.
- Return on equity for fiscal 2025 was 0.4%, against 1.7% a year earlier. [Weakened in FY2025] Sources: Annual report 2025-12, Annual report 2024-12.
- Free cash flow for fiscal 2025 was Rp2.62 trillion, and operating cash flow was 19.5 times net income attributable to the company. [Weakened in FY2025] Sources: Annual report 2025-12.
- Net debt was Rp5.75 trillion at 31 December 2025. [Weakened in FY2025] Sources: Annual report 2025-12.
- Cash, short-term investments and operating cash flow for fiscal 2025 equalled 1.6 times the sum of debt due within 12 months, capital expenditure and dividends. [Weakened in FY2025] Sources: Annual report 2025-12.
- Operating cash flow for fiscal 2025 exceeded net income attributable to the company by an amount equal to 4.6% of average total assets. [Confirmed in FY2025] Sources: Annual report 2025-12.
- The Altman Z'' score for fiscal 2025 was 3.58, above the safe threshold of 2.60. [Weakened in FY2025] Sources: Annual report 2025-12.
- The Beneish M-score for fiscal 2025 was minus 2.55, below the model threshold of minus 1.78. [Confirmed in FY2025] Sources: Annual report 2025-12.
- The Piotroski F-score for fiscal 2025 was 6 of 9. The 3 signals not met were return on assets higher than a year earlier, current ratio higher than a year earlier and margin higher than a year earlier. [Confirmed in FY2025] Sources: Annual report 2024-12, Annual report 2025-12.

## Fiscal Years

| Fiscal year | Year end | Item | Value | Exact value | Unit | Source documents |
| --- | --- | --- | --- | --- | --- | --- |
| FY2025 | 2025-12-31 | Revenue | Rp35.24tn | 35243751000000 | IDR | Annual report 2025-12 |
| FY2025 | 2025-12-31 | Profit attributable to owners of the parent | Rp191bn | 190848000000 | IDR | Annual report 2025-12 |
| FY2024 | 2024-12-31 | Revenue | Rp36.19tn | 36186127000000 | IDR | Annual report 2025-12 |
| FY2024 | 2024-12-31 | Profit attributable to owners of the parent | Rp720bn | 719763000000 | IDR | Annual report 2025-12 |
| FY2023 | 2023-12-31 | Revenue | Rp38.65tn | 38651360000000 | IDR | Annual report 2024-12 |
| FY2023 | 2023-12-31 | Profit attributable to owners of the parent | Rp2.17tn | 2170497000000 | IDR | Annual report 2024-12 |
| FY2022 | 2022-12-31 | Revenue | Rp36.38tn | 36378597000000 | IDR | Annual report 2023-12 |
| FY2022 | 2022-12-31 | Profit attributable to owners of the parent | Rp2.36tn | 2364836000000 | IDR | Annual report 2023-12 |
| FY2021 | 2021-12-31 | Revenue | Rp36.70tn | 36702301000000 | IDR | Annual report 2022-12 |
| FY2021 | 2021-12-31 | Profit attributable to owners of the parent | Rp2.05tn | 2046692000000 | IDR | Annual report 2022-12 |

## Source Documents

- Annual report 2025-12: Annual report for the year to 31 December 2025, 27 Mar 2026, the date on which the board approved the statements (https://www.sig.id/storage/downloads/informasi-keuangan/2025/smgr-fy-2025-31-dec-2025.pdf)
- Annual report 2024-12: Annual report for the year to 31 December 2024, 27 Mar 2025, the date on which the board approved the statements (https://www.sig.id/storage/downloads/informasi-keuangan/2024/pt-semen-indonesia-q4-2024-final-report.pdf)
- Annual report 2023-12: Annual report for the year to 31 December 2023, 8 Mar 2024, the date on which the board approved the statements (https://www.sig.id/storage/downloads/informasi-keuangan/2023/pt-semen-indonesia-lk-fy-2023-31-12-2023.pdf)
- Annual report 2022-12: Annual report for the year to 31 December 2022, 10 Mar 2023, the date on which the board approved the statements (https://www.sig.id/storage/downloads/informasi-keuangan/2022/lk-2022-fy-billingual-final.pdf)

## Reliability

- 494 checks compare these figures with other official figures; 0 failed.
- 13 values are withheld because the filings do not prove them; a withheld value is absent, never estimated.
- Every earlier snapshot stays published: https://annalist.io/api/v1/companies/semen-indonesia/snapshots.json

## Cite

Annalist, PT Semen Indonesia (Persero) Tbk, snapshot semen-indonesia/FY2025_29196c5f; <item>, <period>; source <document>. Link the page https://annalist.io/company/semen-indonesia/ and the source document of the figure.

A figure of a statement has an address of its own, which opens the page at that figure with its source documents: https://annalist.io/company/semen-indonesia/?fig=<statement>/<period>/<item>, for example https://annalist.io/company/semen-indonesia/?fig=pl_annual/FY2025/revenue

## Full Data

- [Every statement, ratio and document of this snapshot (JSON)](https://annalist.io/api/v1/companies/semen-indonesia/snapshots/FY2025_29196c5f/info.json)
- [Latest snapshot, at an address that does not change (JSON)](https://annalist.io/api/v1/companies/semen-indonesia/latest.json)
- [Income statement, annual (CSV)](https://annalist.io/api/v1/companies/semen-indonesia/snapshots/FY2025_29196c5f/pl_annual.csv)
- [Balance sheet, year end (CSV)](https://annalist.io/api/v1/companies/semen-indonesia/snapshots/FY2025_29196c5f/balance_sheet.csv)
- [Cash flow, annual (CSV)](https://annalist.io/api/v1/companies/semen-indonesia/snapshots/FY2025_29196c5f/cf_annual.csv)
- [Ratios, annual (JSON)](https://annalist.io/api/v1/companies/semen-indonesia/snapshots/FY2025_29196c5f/ratios/annual.json)
- [Key findings with their history (JSON)](https://annalist.io/api/v1/companies/semen-indonesia/findings.json)
- [New reports and findings (Atom feed)](https://annalist.io/company/semen-indonesia/feed.xml)
- [Excel workbook](https://annalist.io/company/semen-indonesia/semen-indonesia.xlsx)
- [Buyout model on these figures](https://annalist.io/deal-lab/buyout/semen-indonesia/)

## Peers

- [PT Indocement Tunggal Prakarsa Tbk](https://annalist.io/company/indocement/brief.md)
- [PT Alamtri Minerals Indonesia Tbk](https://annalist.io/company/alamtri-minerals/brief.md)
- [PT Amman Mineral Internasional Tbk](https://annalist.io/company/amman-mineral/brief.md)
- [Side by side](https://annalist.io/compare/?c=semen-indonesia,indocement,alamtri-minerals,amman-mineral)

---

Figures come from official filings and are provided as they are, without warranty of accuracy or completeness. They are not investment advice.
