Adaro Energy Financial and Operational Highlights
(In Million US Dollar) |
2018 |
2019 |
2020 |
2021 |
2022 |
Financial Performance |
|||||
Revenue |
3,620 |
3,457 |
2,535 |
3,993 |
8,102 |
Cost of revenue |
(2,410) |
(2,493) |
(1,958) |
(2,223) |
(3,449) |
Gross profit |
1,210 |
965 |
577 |
1,770 |
4,653 |
Operational EBITDA |
1,408 |
1,207 |
883 |
2,104 |
5,030 |
Operating Income |
892 |
618 |
285 |
1,528 |
4,308 |
Net Income |
478 |
435 |
159 |
1,028 |
2,831 |
Core Earnings |
728 |
635 |
405 |
1,256 |
3,013 |
Basic Earnings Per Share (EPS) in US$ |
0.01306 |
0.01264 |
0.00459 |
0.02927 |
0.0800 |
Current Assets |
1,600 |
2,110 |
1,732 |
2,838 |
5,319 |
Total Assets |
7,061 |
7,217 |
6,382 |
7,587 |
10,782 |
Current Liabilities |
816 |
1,233 |
1,145 |
1,362 |
2,448 |
Total Liabilities |
2,758 |
3,234 |
2,430 |
3,129 |
4,255 |
Total Equity |
4,303 |
3,983 |
3,952 |
4,458 |
6,527 |
Interest Bearing Debt |
1,431 |
1,957 |
1,493 |
1,598 |
1,573 |
Cash and Cash Equivalents |
928 |
1,576 |
1,174 |
1,811 |
4,067 |
Net Debt |
414 |
375 |
167 |
(434) |
(2,599) |
Capex |
496 |
489 |
169 |
193 |
424 |
Free Cash Flow |
660 |
566 |
630 |
1,270 |
2,769 |
Financial Ratios |
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Gross Profit Margin (%) |
33.4 |
27.9 |
22.7 |
44.3 |
57.4 |
Operational EBITDA margin (%) |
38.89 |
34.93 |
34.84 |
52.7 |
62.0 |
Operating Margin (%) |
24.6 |
17.86 |
11.24 |
38.3 |
53.0 |
Return on Equity (%) |
11.0 |
10.92 |
4.02 |
23.1 |
43.4 |
Return on Assets (%) |
6.8 |
6.0 |
2.5 |
13.6 |
26.3 |
Net Debt to Equity (x) |
0.10 |
0.09 |
0.04 |
(0.10) |
(0.40) |
Net Debt to Operational EBITDA (x) |
0.29 |
0.31 |
0.19 |
(0.32) |
(0.76) |
Cash from Operations to Capex (x) |
2.39 |
2.01 |
4.55 |
8.11 |
9.7 |
Current Ratio (x) |
1.96 |
1.71 |
1.51 |
2.08 |
2.2 |
Operating Statistics |
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Coal Production |
55.05 |
58.03 |
54.53 |
52.7 |
62.9 |
Sales Volume |
54.39 |
59.19 |
54.14 |
51.58 |
61.4 |
Overburden Removal |
273.38 |
272.09 |
209.48 |
218.9 |
235.68 |
Actual Strip Ratio (x) |
5.1 |
469.0 |
3.84 |
4.15 |
3.75 |