What is JGLE Stock? Understanding the Business, Owners, and Prospects of PT Graha Andrasentra Propertindo Tbk

PT Graha Andrasentra Propertindo Tbk (JGLE) is a company engaged in the development and management of amusement/recreation parks as well as real estate/property development and trading.

Headquartered in Bogor Nirwana Residence, Bogor, the company was founded on June 15, 1988 and officially listed on the Indonesia Stock Exchange on June 29, 2016 with the stock code JGLE on the Development Board.

With a current share price of IDR 67, a market capitalization of IDR 1.13 trillion, and 68 employees, the company manages theme park, water park, and amusement park projects in Indonesia.

Key Takeaways

• PT Graha Andrasentra Propertindo Tbk (JGLE) is a company that develops and manages amusement/recreational parks and properties, with its head office in Bogor, West Java.

• JGLE shares have been listed on the Indonesia Stock Exchange since June 29, 2016 on the Development Board, with a current price of IDR 67 and a market capitalization of IDR 1.13 trillion.

• The company has 68 employees and is still experiencing losses with a negative net profit of IDR 46.42 billion (FY), but shows an increase of 737.50% in the last year.

JGLE Business and Business Segments

Source: Tiket.com

PT Graha Andrasentra Propertindo Tbk operates through four main business segments:

1. Real Estate: Property development and trading to support core business.

2. Hotels and Condotels: Management of hotels and condotels in the area around the tourist park.

3. Recreation Park: Management of amusement and recreation parks (thematic tourist parks, water parks, and amusement parks).

4. Others: Other supporting business activities.

The company's main business is the development of recreational parks in Indonesia.

The company is also developing various property-related projects to take advantage of the rising land values ​​around the tourist park area.

Read Also:List of Stocks with the Most Investors in Indonesia 2026

Owners and Ownership Structure of JGLE

Based on data from IDX, the following is the share ownership structure of JGLE:

Commissioners and Directors

- The main commissioner

Cahyono Cahya Angkasa (not independent)

- Commissioner

Sister Nuraga Bakrie, Ori Setianto, Diyan Hapsari

- President director

Resza Adikreshna (affiliated)

- Director

Melky Aliandri (affiliated)

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JGLE Financial Performance and Prospects

Based on TradingView data, here is JGLE's financial performance:

- Current price:67 IDR

- Market capitalization:Rp1.13 trillion

- Income (FY):Rp155.78 billion

- Net profit (FY):-Rp46.42 billion (loss)

- Basic EPS (TTM):-2 IDR

- Floating Shares:12.59 billion

- Beta (1Y): 2.38 (high volatility)

- Employee: 68 people, down 2 people (-2.86%) from the previous year

- Income / Employees:Rp2.29 billion

- Net profit / Employee:-Rp682.69 million

JGLE Stock Price Performance:

- 5 days:+34,00%

- 1 month: +17,54%

- 6 months: +8,06%

- Year to date: +55,81%

- 1 year: +737,50%

- 10 years: -55,33%

- All time (IPO): -60,59%

Although the company is still experiencing losses (negative net profit of IDR 46.42 billion), JGLE's share price has soared 737.50% in the past year.

This suggests that the market may be anticipating a future recovery in the property and tourism business, or that there may be other positive sentiments driving share prices.

Read Also:Good Stocks for Short-Term Investment: Strategy and Analysis

JGLE Investment Risks and Considerations

1. Continuous Losses

The company is still recording negative net income, which means it has not generated any profits for shareholders.

2. High Volatility

A beta of 2.38 indicates that this stock is highly volatile, with price movements that can be more extreme than the overall market.

3. Development Board

Shares are listed on the Development Board, which typically has lower liquidity and higher risk than the Main Board.

4. Dependence on the Tourism Sector

The theme park business is highly dependent on economic and tourism conditions which can fluctuate.

5. Long-Term Stock Performance

Despite rising 737% in a year, the stock is still down 60.59% from its IPO price and 55.33% in the last 10 years.

Read Also:7 Reasons You Should Start Investing in Tokenized Stocks

Conclusion

JGLE is a stock in the property and tourism sector with extraordinary performance in the last year (737.50%), but still experiencing operational losses.

The company has a unique position in the Indonesian theme park market with the support of majority shareholder PT Surya Global Nusantara (38.76%).

For investors, this stock offers high potential returns with correspondingly high risks, particularly given its extreme volatility (beta of 2.38) and the fact that the company has yet to generate profits. 

Investment decisions should carefully consider the future prospects of the property and tourism businesses, as well as each investor's risk profile.

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FAQ

What is JGLE?

JGLE is the stock code of PT Graha Andrasentra Propertindo Tbk, a company engaged in the development and management of amusement/recreational parks and property in Indonesia.

When will JGLE be listed on the IDX?

JGLE was listed on the Indonesia Stock Exchange on June 29, 2016 on the Development Board.

Where is JGLE's headquarters?

JGLE's head office is located at Bogor Nirwana Residence, Bogor, West Java.

What is JGLE's main business?

JGLE's main business is the development and management of amusement/recreation parks (thematic parks, water parks, and amusement parks) and properties.

Who is the majority owner of JGLE?

The majority owner of JGLE is PT Surya Global Nusantara with 38.76% ownership.

Does JGLE pay dividends?

No, JGLE does not pay dividends to shareholders.