PT Steel Pipe Industry of Indonesia Tbk (IDX: ISSP)

ISSP Income Statement

Financials in millions IDR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	5,992,396	6,455,329	6,255,945	5,378,808	3,775,530	4,885,875
Revenue Growth (YoY)	-4.60%	3.19%	16.31%	42.46%	-22.73%	9.36%
Cost of Revenue	4,941,198	5,416,788	5,526,437	4,281,747	3,240,020	4,219,743
Gross Profit	1,051,198	1,038,541	729,508	1,097,061	535,510	666,132
Selling, General & Admin	269,255	290,077	250,736	382,994	230,164	288,620
Other Operating Expenses	7,288	13,803	6,708	9,363	5,629	5,986
Operating Expenses	276,543	303,880	257,444	392,357	235,793	294,606
Operating Income	774,655	734,661	472,064	704,704	299,717	371,526
Interest Expense	-45,012	-66,274	-59,870	-78,717	-118,316	-169,306
Interest & Investment Income	588	293	96	20,839	2,038	8,939
Earnings From Equity Investments	2,634	3,077	2,234	3,400	339	1,616
Currency Exchange Gain (Loss)	-28,739	21,242	-32,656	-7,008	-10,538	21,094
Other Non Operating Income (Expenses)	-75,639	-52,424	10,334	15,550	-18,445	-1,143
EBT Excluding Unusual Items	628,487	640,575	392,202	658,768	154,795	232,726
Gain (Loss) on Sale of Assets	-	-	975	618	72	82
Asset Writedown	-7	-7	-	-	-	-
Pretax Income	628,496	640,584	393,231	659,402	155,068	233,293
Income Tax Expense	136,072	142,525	87,382	173,341	-20,767	47,599
Earnings From Continuing Operations	492,424	498,059	305,849	486,061	175,835	185,694
Minority Interest in Earnings	14	28	11	1	-10	1
Net Income	492,438	498,087	305,860	486,062	175,825	185,695
Net Income to Common	492,438	498,087	305,860	486,062	175,825	185,695
Net Income Growth	30.71%	62.85%	-37.07%	176.45%	-5.32%	281.12%
Shares Outstanding (Basic)	7,065	7,065	7,065	7,065	7,065	7,072
Shares Outstanding (Diluted)	7,065	7,065	7,065	7,065	7,065	7,072
Shares Change (YoY)	-	-	-	-	-0.09%	-
EPS (Basic)	69.70	70.50	43.29	68.80	24.89	26.26
EPS (Diluted)	69.70	70.50	43.29	68.80	24.89	26.26
EPS Growth	30.71%	62.85%	-37.07%	176.45%	-5.23%	281.12%
Free Cash Flow	834,647	135,803	-140,153	-221,835	303,524	416,603
Free Cash Flow Per Share	118.13	19.22	-19.84	-31.40	42.96	58.91
Dividend Per Share	15.000	15.000	6.000	9.000	6.000	-
Dividend Growth	150.00%	150.00%	-33.33%	50.00%	-	-
Gross Margin	17.54%	16.09%	11.66%	20.40%	14.18%	13.63%
Operating Margin	12.93%	11.38%	7.55%	13.10%	7.94%	7.60%
Profit Margin	8.22%	7.72%	4.89%	9.04%	4.66%	3.80%
Free Cash Flow Margin	13.93%	2.10%	-2.24%	-4.12%	8.04%	8.53%
EBITDA	1,027,767	863,894	570,955	815,765	397,637	477,620
EBITDA Margin	17.15%	13.38%	9.13%	15.17%	10.53%	9.78%
D&A For EBITDA	253,112	129,233	98,891	111,061	97,920	106,094
EBIT	774,655	734,661	472,064	704,704	299,717	371,526
EBIT Margin	12.93%	11.38%	7.55%	13.10%	7.94%	7.60%
Effective Tax Rate	21.65%	22.25%	22.22%	26.29%	-	20.40%

Source: S&P Capital IQ. Standard template. Financial Sources.