Perusahaan Gas Negara (PGN), Indonesia's Leading Gas Company
Perusahaan Gas Negara (PGN) is a government controlled gas firm that forms Indonesia's largest natural gas transportation and distribution company. It operates a distribution network that extends for 3,865 kilometers and a transmission pipeline network that measures 2,047 kilometers. PGN plays an important role in Indonesia's electricity production as it sells about 40 percent of its total sales volume to the country's power generation industry. It also forms one of the largest Indonesian companies in terms of market capitalization.
Click here to read the detailed company profile of Perusahaan Gas Negara
Perusahaan Gas Negara's Financial Highlights:
| 2010 | 2011 | 2012 | |
| Net Revenues | 2,178.5 | 2,230.4 | 2,576.5 |
| Gross Profit | 1,382.6 | 1,341.9 | 1,472.4 |
| Operating Profit |
1,008.2 | 898.2 | 1,018.5 |
| Profit before Tax | 873.9 | 872.0 | 1,148.3 |
| Net Income | 671.2 | 680.8 | 890.9 |
| EBITDA | 1,183.2 | 1,078.3 | 1,188.7 |
| Total Assets | 3,540.2 | 3,400.2 | 3,908.2 |
| Total Liabilities | 1,889.1 | 1,520.8 | 1,553.4 |
| Net Income per Share¹ | 0.03 | 0.03 | 0.04 |
| Dividend per Share² | 154.44 | 134.62 | 203.00 |
| P/E Ratio (x) | – | 18.16 | 15.62 |
in million US dollar unless otherwise stated
¹ in US dollar
² in IDR rupiah
Source: Perusahaan Gas Negara, Annual Report 2012
Future Projection Financial Performance Perusahaan Gas Negara:
| 2010 | 2011 | 2012 | 2013F | 2014F | 2015F | |
| Net Revenues | 2,178.5 | 2,230.4 | 2,576.5 | 3,463.0 | 3,705.0 | 3,799.0 |
| Net Income | 671.2 | 680.8 | 890.9 | 834.2 | 950.4 | 963.4 |
| EBITDA | 1,183.2 | 1,078.3 | 1,188.7 | 1,216 | 1,324 | 1,329 |
| Net Income per Share¹ | 0.03 | 0.03 | 0.04 | 0.035 | 0.039 | 0.04 |
| P/E Ratio (x) | – | 18.16 | 15.62 | 14.96 | 13.53 | 13.35 |
in million US dollar unless otherwise stated
¹ in US dollar
Source: Investor Daily