ADRO

Adaro Energy Indonesia Tbk.

 IDX Company Fact Sheet

ADRO Adaro Energy Indonesia Tbk.

Date: 31 Jan 2023 v2.0.0

Company Profile Company History

PT Adaro Energy Indonesia Tbk. has a main business field of Coal mining. The Established Listing Date IPO Price (IDR) IPO Lead Underwriter
company's President Director and President Commisioner are Indra PT Danatama
Widyadharma and Edwin Soeryadjaya. The largest shareholder of the company 28 Jul 2004 16 Jul 2008 1,100 Makmur
is Public (<5%) (46.78%).
Stock Overview
Board Market Cap (MC) (IDR) Trad. Value 12M (IDR)
For more information click here: Main 94,678,447,520,000 92,227,917,515,701
https://www.idx.co.id/en-us/listed-companies/company-profiles/company-profile-detail/?kodeEmiten=ADRO
Listed Shares % of All Stocks % of All Stocks
Trading by Investor Types 31,985,962,000 1.00% 2.58%

Total Trading Value* Free Float Shares Rank Rank

(in billion IDR) Year 2022 YTD 2023 40.58% 17 of 838 6 of 842
Domestic 137,737.9 8,288.6
Individual 75.70% 74.30% Industrial Classification
Institution 22.16% 14.68%
74% 74%
Others 2.14% 11.02% Sector Industry
Foreign 49,922.5 3,369.8 A Energy A12 Coal
Individual 1.35% 1.20%
26% 26% Institution 81.60% 85.67% Sub-Sector Sub-Industry
Others 17.05% 13.12% A1 Oil, Gas & Coal A121 Coal Production
Year 2022 YTD 2023
Total 187,660.4 11,658.4
Fundamental & ESG
Stock Turnover Net Foreign**
(in billion IDR) Sell (in billion IDR) PER PBV ESG Risk Rating*
D F Total Year 2022 YTD 2023
YTD 2023
2.61x 0.99x 43.60 Severe
D 2,993.7 952.2 3,945.9
2,516.9 396.7
F 1,348.9 534.4 1,883.3 *Total trading value by Foreign is the sum of
Total 4,342.7 1,486.6 5,829.2 foreign buy and foreign sell divided by 2. Total 0x 5x 10x 15x 20x 25x 30x 35x 40x 45x 50x 55x
Buy

trading value by Domestic is the sum of

Year 2022 domestic buy and domestic sell divided by 2.
**Net Foreign is The Total Trading Value of
D 51,765.2 15,845.3 67,610.5 "Foreign Buy-Domestic Sell" minus "Foreign Sell- ADRO Sector PER Market PER
Domestic Buy".
F 18,362.2 7,857.5 26,219.7 A positive net foreign indicates a net buy by
6.38x 12.68x
Total 70,127.4 23,702.8 93,830.2 foreign investors.
Note: Please see Methodology for more details. ESG = Environmental, Social, & Governance.
*ESG Risk Rating is provided by Sustainalytics. For more information, visit www.sustainalytics.com.

Dividend Payment Corporate Action

5 Recent Releases 5 Recent Releases

Year F/I/ Ratio Cash Per Share Date Year Corp. Ex Cum Ratio RTP DF
BS/SD (in IDR/USD) Ex Record Payment Action Date Price
2023 I - Rp251.28 02-Jan-23 03-Jan-23 13-Jan-23 - - - - - - -
2022 F - Rp141.39 17-May-22 18-May-22 08-Jun-22 - - - - - - -
2022 F - Rp160.16 30-Dec-22 03-Jan-22 14-Jan-22 - - - - - - -
2021 F - $0.00459 05-May-21 06-May-21 25-May-21 - - - - - - -
2020 F - $0.00313 04-Jun-20 05-Jun-20 19-Jun-20 - - - - - - -
Source: Company's disclosure on IDX website. Source: Company's disclosure on IDX website.
F = Final Cash Dividend; I = Interim Cash Dividend; BS = Bonus Shares; SD = Stock Dividend Note: RTP = Rounded Theoritical Price; DF = Delution Factor.
RI = Right Issues; SS = Stock Splits; RS = Reverse Splits; BS = Bonus Shares.
Industry Peers

No. Code Company Name Market Date Total Revenue Profit/Loss for
Cap Asset Liabilities Equity the Period
1. ADRO Adaro Energy Indonesia Tbk. 94,678.45 12/31/22 168,117,731 101,774,254 66,343,477 126,332,605 44,142,870
2. BYAN Bayan Resources Tbk. 670,000.03 12/31/22 61,517,595 31,110,570 30,407,024 73,338,875 35,886,634
3. ADMR Adaro Minerals Indonesia 67,047.02 12/31/22 20,061,053 8,876,644 11,184,409 14,159,751 5,234,838
4. BUMI Bumi Resources Tbk. 56,812.06 09/30/22 69,221,021 16,648,248 52,572,773 21,245,688 5,844,152
5. ITMG Indo Tambangraya Megah 40,903.29 09/30/22 37,992,492 29,578,518 8,413,974 39,853,584 13,610,554
Note: Masket cap is as of Jan 31, 2023. Financial data are based on the companies' latest financial statement that submitted to IDX (see Date column), expressed in million IDR.

PER (x) PBV (x) ROA (%) ROE (%) DAR (x) DER (x)
1. ADRO Adaro Energy Indonesia Tbk. 2.61 0.99 26.26 66.54 0.61 1.53
2. BYAN Bayan Resources Tbk. 20.44 17.92 58.34 118.02 0.51 1.02
3. ADMR Adaro Minerals Indonesia Tbk. 11.56 8.99 26.09 46.80 0.44 0.79
4. BUMI Bumi Resources Tbk. 8.06 3.41 8.44 11.12 0.24 0.32
5. ITMG Indo Tambangraya Megah Tbk. 2.48 1.38 35.82 161.76 0.78 3.52
Note: The selected peers are based on the proximity of stocks' market capitalization.
Except Trailing PER & PBV (in times), data in this section are in Million IDR. Market Cap, Trailing PER, and PBV are as of Jan 30, 2022. Financial data used are from company's most recent financial statement.
PER, ROA, & ROE are calculated by using the trailing 12 months of profit attributable to owners entity.

© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE

 IDX Company Fact Sheet

ADRO Adaro Energy Indonesia Tbk.

Date: 31 Jan 2023 v2.0.0

Stock Performance & Trading Summary

Price Performance of Last 12 Months

Feb 02, 2022 - Jan 31, 2023 ADRO*

33.94%
IHSG

1.96%
LQ45

-1.20%
Sector**

Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 70.07%
*Adjusted Close Price; **Energy

Trading Summary of Last 12 Months

Price (IDR) Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23
Highest 2,480 3,240 3,350 3,310 3,650 3,280 3,540 4,100 4,140 3,880 3,970 3,590
Lowest 2,160 2,580 2,810 3,060 2,860 2,720 3,080 3,700 3,840 3,480 3,680 2,960
Close 2,450 2,690 3,340 3,270 2,860 3,250 3,540 3,960 3,980 3,870 3,850 2,960
Adj. Close* 2,450 2,690 3,340 3,270 2,860 3,250 3,540 3,960 3,980 3,870 3,850 2,960
Growth (%) 9.80% 24.16% -2.10% -12.54% 13.64% 8.92% 11.86% 0.51% -2.76% -0.52% -23.12%

Shares Traded Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23
Volume (mill.) 2,373 4,177 2,639 2,633 3,460 2,128 2,244 2,369 1,633 1,704 1,432 1,832
Value (bill.) 5,386 11,942 8,350 8,369 11,075 6,300 7,382 9,313 6,517 6,287 5,478 5,829
Frequency (th.) 240 485 340 325 392 278 323 321 255 278 204 318
Days 20 20 20 20 20 20 22 22 21 22 22 21
Note: Volume in Million Shares, Value in Billion IDR, Frequency in Thousand Times.

Yearly Trading Summary of Last 5 Years Comparison to Peers

Price (IDR) 2018 2019 2020 2021 2022 Industry: Coal Production
Highest 2,560 1,655 1,570 2,310 4,140 No. Code 6M YTD 1Y 3Y 5Y
Lowest 1,215 1,020 645 1,160 2,160
Close 1,215 1,555 1,430 2,250 3,850 1. ADRO 5.7% 5.7% 32.1% 141.6% 20.8%
Adj. Close* 1,215 1,555 1,430 2,250 3,850 2. BYAN 378.9% 378.9% 446.2% 1222.4% 1778.5%
Growth (%) 27.98% -8.04% 57.34% 71.11% 3. ADMR -16.5% -16.5% 29.1% n.a. n.a.
4. BUMI 159.3% 159.3% 101.3% 188.7% -52.8%
Shares Traded 2018 2019 2020 2021 2022 5. ITMG 29.1% 29.1% 67.2% 260.2% 19.5%
Volume 17,724 14,956 19,978 29,016 30,033
Value 33,061 20,018 24,209 44,192 93,830 Note:

Frequency 1,412 1,332 2,127 3,001 3,762 Base date: 6M = Mar 23, 2022; YTD = Mar 23, 2022; 1Y = Jan 31, 2022; 3Y = Jan 31, 2020; 5Y = Jan 31, 2018;

Industry peer companies are in the same industry, selected based on the proximity of stocks' market capitalization;
Days 239 245 242 247 246 *Adjusted price refers to the close price after adjustments for any applicable corporate actions.
Note: Volume in Million Shares, Value in Billion IDR, Frequency in Thousand Times.

Index Membership

No. Index Code No. Index Code

1. BISNIS-27 11. JII 21. 31.
2. COMPOSITE 12. JII70 22. 32.
3. IDX30 13. KOMPAS100 23. 33.
4. IDX80 14. LQ45 24. 34.
5. IDXENERGY 15. MBX 25. 35.
6. IDXHIDIV20 16. MNC36 26. 36.
7. IDXQ30 17. 27. 37.
8. IDXV30 18. 28. 38.
9. Investor33 19. 29. 39.
10. ISSI 20. 30. 40.

Note: the index membership above is as of Mar 1, 2023

© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE

 IDX Company Fact Sheet

ADRO Adaro Energy Indonesia Tbk.

Date: 31 Jan 2023 v2.0.0

Financial Data & Ratios

Book End: December (Expressed in millions IDR, unless otherwise stated)

Balance Sheets Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022
Cash & Cash Equivalents 13,493,464 21,979,983 16,555,081 25,843,171 63,418,246
Trade receivables 5,393,541 4,327,468 3,161,579 6,449,431 10,090,410 Total Asset & Liabilities (Bill. Rp)
Inventories 1,628,777 1,687,763 1,482,915 1,794,156 3,105,926 Asset Liabilities
180
Current Assets 23,271,475 29,422,890 24,424,486 40,497,306 82,938,666
- - - - - - 160

Fixed Asset 23,408,272 24,019,049 21,713,731 19,935,291 351,676,578 140

- - - - - - 120
Total Assets 102,677,499 100,642,529 90,011,988 108,257,990 168,117,731
100
Trade Payable 4,969,961 4,678,840 3,022,321 3,887,004 5,195,442
80
Curr. Maturities - Bank Loans 2,656,402 7,057,007 8,289,748 3,124,497 2,228,798
- - - - - - 60

- - - - - - 40

Current Liabilities 11,872,714 17,188,621 16,149,139 19,428,071 38,161,607 20

Long-term Bank Loans 15,596,688 7,692,090 600,915 7,856,426 10,413,959 -
Long-term Bonds Payable - 10,235,825 10,394,863 10,560,744 10,928,277 2018 2019 2020 2021 2022
- - - - - -
Total Liabilities 40,107,752 45,094,086 34,273,062 44,642,293 66,343,477
Total Equity (Bill. Rp)
Common Stocks 4,987,033 4,782,298 4,837,169 4,893,411 5,347,120
Paid up Capital (Shares) 31,986 31,986 31,986 31,986 31,986 101,774
Par Value 100 100 100 100 100
Retained earnings 31,429,290 31,914,485 33,105,295 39,717,690 69,874,815
Total Equity 62,569,747 55,548,443 55,738,926 63,615,697 101,774,254
62,570 63,616
Income Statements Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 55,548 55,739
Revenues 52,638,419 48,210,013 35,753,946 56,972,093 126,332,605
Gross Profit 17,598,830 13,451,221 8,134,763 25,252,506 72,549,139
Operating Profit/Loss 14,777,711 10,207,824 5,802,064 22,612,099 66,823,414
Interest & Finance Costs -946,452 -925,056 -1,261,340 -1,189,093 1,392,584
EBT 11,938,953 9,191,191 3,133,637 21,207,316 69,793,207
Tax -4,994,552 -3,125,088 -897,924 -6,530,322 -25,650,337
2018 2019 2020 2021 2022
Profit/Loss for the period 6,944,401 6,066,103 2,235,713 14,676,994 44,142,870
Profit/Loss Period Attributable 6,074,484 5,636,430 2,072,405 13,319,997 38,872,103
Comprehensive Income 6,814,541 5,403,799 1,396,423 15,797,281 45,574,293 Total Revenue (Bill. Rp)
Comprehensive Attributable 5,974,581 4,945,706 1,219,702 14,409,207 40,304,135
126,333
Cash Flow Statements Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022
Net Cash - Operating 13,173,743 12,791,511 10,387,359 20,495,021 60,251,448
Net Cash - Investing -11,534,075 -7,509,438 -5,068,420 -9,197,969 -11,962,120
Net Cash - Financing -5,502,707 3,671,719 -10,973,225 -2,189,179 -12,447,327
Net Increase/Decrease in C&CE -3,863,039 8,953,792 -5,654,285 9,107,874 35,842,001
56,972
C&CE, end of period 13,493,464 21,979,983 16,555,081 25,843,171 63,418,246 52,638
48,210
35,754
Ratios Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022
Current Ratio (%) 1.96 1.71 1.51 2.08 2.17
DAR (x) 0.39 0.45 0.38 0.41 0.39
DER (x) 0.64 0.81 0.61 0.70 0.65
EPS (IDR) 193.55 223.87 47.32 202.23 1,134.40 2018 2019 2020 2021 2022

PER (x) 6.28 6.95 30.22 11.13 3.39

BV (IDR) 1,956 1,737 1,743 1,989 3,182 Profit/Loss for the Period (Bill. Rp)
PBV (x) 0.62 0.90 0.82 1.13 1.21
ROA (%) 6.76 6.03 2.48 13.56 26.26
44,143
ROE (%) 11.10 10.92 4.01 23.07 43.37
GPM (%) 33.43 27.90 22.75 44.32 57.43
OPM (%) 28.07 21.17 16.23 39.69 52.89
NPM (%) 13.19 12.58 6.25 25.76 34.94
DPS (IDR) 107.21 90.15 110.06 65.80 301.55
DPR (%) 55.39 40.27 232.58 32.54 26.58
14,677
Dividend Yield (%) 8.82 5.80 7.70 2.92 7.83
6,944 6,066
Miscellaneous Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022
2,236
No. of Listed Shares, million 31,986 31,986 31,986 31,986 31,986
Market Capitalization, billion IDR 38,863 49,738 45,740 71,968 123,146
2018 2019 2020 2021 2022
USD Rate (BI-JISDOR), IDR* 14,542 13,945 14,105 14,269 15,592
*If the company's reported financial data is in USD then the financial data is converted to IDR by multiplying with the corresponding USD Rate.

© 2022 DATA SERVICES DIVISION | INDONESIA STOCK EXCHANGE