ASII Stock: Astra International Profile, Business, Performance and Risks

ASII is the stock ticker for PT Astra International Tbk on the Indonesia Stock Exchange, a conglomerate spanning automotive, financial services, heavy equipment and mining, plus a range of other businesses through hundreds of subsidiaries. Astra has been listed since April 4, 1990, and as of March 2026 oversees 322 subsidiaries, joint ventures and associated entities with more than 190,000 employees.

ASII stock summary

As of October 17, 2026.

Astra's business

Astra runs a diversified model across four main lines: Automotive, Financial Services, Heavy Equipment & Mining Solutions, and Wider Businesses. In automotive, Astra controls distribution and assembly of major brands through subsidiaries such as Astra Honda Motor, Toyota-Astra Motor, Astra Daihatsu Motor, Isuzu Astra Motor Indonesia, and Astra Otoparts.

In financial services, Astra operates financing and insurance networks through Astra Sedaya Finance, Federal International Finance, Asuransi Astra Buana, Asuransi Jiwa Astra, and digital bank Bank Saqu Indonesia. The Heavy Equipment & Mining segment is anchored by United Tractors, Pamapersada Nusantara, Kalimantan Prima Persada, and gold miner Agincourt Resources.

Wider Businesses covers agribusiness through Astra Agro Lestari, toll road infrastructure through Astra Tol Nusantara, property through Astra Land Indonesia, IT services through Astra Graphia, and healthcare through Astra Healthcare Indonesia. Astra also runs a sustainability framework called Astra 2030 Sustainability Aspirations to guide the group's transition toward more sustainable operations.

This broad footprint essentially makes Astra a proxy for the wider Indonesian economy. When consumer spending power is strong, motorcycle and car sales tend to rise. When commodity prices like coal and gold weaken, the mining and heavy equipment segment, usually a major profit driver, can come under pressure instead.

Brief history and IPO

Astra was founded on February 20, 1957 under the name PT Astra International Incorporated by William Soerjadjaja together with his younger brother, Tjia Kian Tie. The name "Astra" comes from Latin for star. The company started as an importer and distributor of consumer goods, from Prim Club lemonade and CIP corned beef to Fresh O Dent and Odol Dent toothpaste, alongside copra and cooking oil exports.

A turning point came in 1966, when Astra received a USAID loan of $2.9 million to import Chevrolet trucks made by General Motors, which it then sold to the government. Three years later Astra pivoted to Japan, becoming the sole agent for Toyota trucks through PT Gaya Motor. From there Astra kept expanding: sole distributor for Honda motorcycles and Fuji Xerox office equipment in 1970, founding PT Federal Motor, now Astra Honda Motor, in 1971, PT United Tractors in 1972, and appointment as Daihatsu's agent in 1973.

Astra officially listed on the Jakarta Stock Exchange on April 4, 1990 through an initial public offering of 30 million shares, and the same year changed its official name to PT Astra International Tbk. In 2004, Astra together with Standard Chartered Bank acquired Bank Permata, formed from a merger of five banks under the supervision of Indonesia's bank restructuring agency, BPPN, with combined ownership reaching 89.12% from 2006 to 2020.

Shareholders and management

Detailed, up-to-date information on Astra's controlling shareholders and current board composition was not found in the sources checked. What is documented is the founding history by William Soerjadjaja and Tjia Kian Tie in 1957, and the current scale of the organization: 322 subsidiaries, joint ventures, and associated entities with more than 190,000 employees as of March 2026. For current director names and controlling shareholders, readers should check Astra's annual report or disclosures on idx.co.id.

A Kompas.com article from October 12, 2026 also linked to a related headline, "Direksi dan Komisaris Astra Borong Saham ASII Rp 24,76 Miliar" (Astra's directors and commissioners buy ASII shares worth Rp24.76 billion), though individual names and share amounts were not detailed in the sources checked.

Recent financial performance

Astra booked consolidated net revenue of Rp157.913 trillion in the first half of 2026, down about 3% from Rp162.857 trillion in the same period of 2025, according to a kabasumbar.net report citing company financial information (October 9, 2026).

Net profit attributable to owners of the parent entity came in at Rp12.533 trillion, down 19% from Rp15.515 trillion in the first half of 2025. Excluding certain non-recurring items such as fair value adjustments on equity investments and asset impairments, net profit stood at Rp14.892 trillion, a more moderate 7% decline from Rp16.041 trillion a year earlier.

The profit decline was largely driven by the Heavy Equipment & Mining Solutions segment, whose net profit plunged 46% to Rp2.704 trillion from Rp5.022 trillion in the comparison period. Weaker gold mining, heavy equipment sales, mining contracting services, and coal mining were the main drags.

On the other hand, Astra's two core segments grew. The Automotive segment posted net profit of Rp5.914 trillion, up 9% from Rp5.404 trillion. The Financial Services segment recorded profit of Rp4.646 trillion, up 6% from Rp4.374 trillion. Growth in these two segments helped cushion the overall decline in Astra's consolidated net profit.

For more granular data such as cash flow, debt position, and quarterly breakdowns, readers are advised to check Astra's official financial statements on idx.co.id.

Dividends

Astra set an interim dividend of Rp98 per share, with a total payout of around Rp3.895 trillion, according to kabasumbar.net (October 9, 2026), while progres.id (October 13, 2026) put the total at around Rp3.89 trillion. The decision was approved by the board of directors on September 10, 2026 and by the board of commissioners on September 30, 2026.

The schedule: cum-dividend date in the regular and negotiated markets fell on October 12, 2026, ex-dividend on October 13, 2026, with payment scheduled for October 30, 2026. In practice, investors who bought ASII shares on or after October 13, 2026 in the regular market no longer qualify for this interim dividend.

Historical dividend data from prior years was not found in the sources checked. For a fuller picture of Astra's dividend consistency over time, check the official corporate action history on idx.co.id.

ASII stock price movement

According to Yahoo Finance data as of October 17, 2026, ASII traded at Rp4,190 per share, near the lower end of its 52-week range of Rp4,070 to Rp7,475. That's roughly 44% below the one-year high.

The stock posted declines across every timeframe tracked: -14.5% over the past month, -17.8% over three months, and -27.1% over the past year. Average daily trading volume over the last three months stood at 46.50 million shares, suggesting the stock remains reasonably liquid.

That contrasts with a Kompas.com report from October 12, 2026, which noted ASII trading around Rp4,860 to Rp4,920 that session. BRI Danareksa Sekuritas described the stock as rebounding and holding above its 20-day moving average (MA20) of Rp4,762, projecting a move toward resistance at Rp5,050 and then Rp5,275. They also flagged the Rp4,350 to Rp4,530 zone as major support, while noting the stock's medium-term trend remained bearish unless it broke above the 200-day moving average (MA200) at Rp5,667.

"ASII strengthened 1.45 percent to Rp4,890, holding above the MA20 at Rp4,762 and could continue its rebound toward resistance at Rp5,050, then Rp5,275," BRI Danareksa Sekuritas wrote in its research, as quoted by Kompas.com.

Compared to the October 17 data showing the price already at Rp4,190, this means ASII had fallen below the major support zone of Rp4,350 to Rp4,530 flagged by BRI Danareksa just days earlier, a reminder of how quickly sentiment can shift around ex-dividend dates and earnings releases.

Recent news and catalysts

• October 9, 2026 (kabasumbar.net): Astra announced an interim dividend of Rp98 per share amid a 19% decline in first-half 2026 net profit, mainly due to weaker mining and heavy equipment segments.
• October 12, 2026 (Kompas.com): ASII shares briefly rose to Rp4,860-Rp4,920 during trading, with BRI Danareksa Sekuritas citing the interim dividend as a short-term catalyst. The same article linked to related headlines: "Direksi dan Komisaris Astra Borong Saham ASII Rp 24,76 Miliar" (directors and commissioners buying Rp24.76 billion of ASII shares), "Astra (ASII) Serap Capex Rp 17 Triliun, Mayoritas ke Sektor Pertambangan" (Astra absorbs Rp17 trillion in capex, mostly to mining), and "Astra (ASII) Prediksi Laba Melonjak Usai Borong Saham AUTO" (profit seen surging after buying AUTO shares).
• October 13, 2026 (progres.id): The official dividend schedule was confirmed: cum-dividend October 12, ex-dividend October 13, payment October 30, 2026, with a total value of around Rp3.89 trillion.
• October 13, 2026 (detik.com): A headline, "ASII Borong Saham AUTO, PGEO Rampungkan 5 Sumur Panas Bumi," reported Astra accumulating shares of Astra Otoparts (AUTO), though the full article content was not available in the sources checked.

What it means for investors

There are a few concrete things worth tracking here. ASII's ex-dividend date has already passed, on October 13, 2026, so eligibility for the Rp98 per share interim dividend is settled; what's left is the payment date of October 30, 2026.

On price, BRI Danareksa Sekuritas flagged Rp4,350 to Rp4,530 as major support on October 12, 2026, when ASII was still trading around Rp4,860-Rp4,920. The October 17, 2026 data shows the price already at Rp4,190, below that zone. That means the technical levels cited in that research, the MA20 at Rp4,762, the MA200 at Rp5,667, and resistance at Rp5,050 and Rp5,275, likely need to be reassessed given the more recent price action.

Astra's second-half 2026 earnings report is the next key checkpoint to watch, specifically whether the pressure on the Heavy Equipment & Mining Solutions segment persists or eases, since that segment was the biggest drag on consolidated profit in the first half. Global coal and gold price trends are also worth monitoring given their direct link to Astra's mining businesses through United Tractors and Agincourt Resources.

Before acting on any of this, it's worth checking Astra's official financial statements and disclosures on idx.co.id for data not covered here, including confirmed index status and details on controlling shareholders.

Peers on the IDX

• IMAS (Indomobil Sukses Internasional): focused on distribution and assembly of brands like Nissan, Renault, and Hino, operating at a much smaller scale than Astra's conglomerate.
• SMSM (Selamat Sempurna): an export-oriented auto parts maker making filters and radiators, with a much narrower business scope than Astra's mix of automotive, financial services, and mining.
• MPMX (Mitra Pinasthika Mustika): a Honda motorcycle distributor and vehicle financing provider in select regions, also operating at a far smaller scale than the broader Astra Group.

Risks

• Sensitivity to commodity prices. Astra's Heavy Equipment & Mining Solutions segment, including gold mining through Agincourt Resources and coal mining services, is heavily exposed to global commodity price swings. First-half 2026 data already shows this segment's profit down 46%.
• Profit pressure concentrated in one segment. Even as automotive and financial services grew, the sharp mining segment decline was large enough to drag consolidated net profit down 19% overall in the first half of 2026.
• Short-term stock price volatility. In less than a week, ASII's price moved from around Rp4,860-Rp4,920 to Rp4,190, breaking through a major support zone analysts had flagged just days before, a sign of elevated volatility around corporate events like ex-dividend dates.
• Regulatory and domestic demand risk. Astra's automotive and financing businesses depend on consumer purchasing power, interest rates, and policies on vehicle taxes and financing regulated by authorities such as Indonesia's Financial Services Authority (OJK).
• Governance complexity across many subsidiaries. With 322 subsidiaries, joint ventures, and associated entities, the complexity of managing and consolidating financial reporting for a group this size is a challenge for investors trying to understand segment-level performance in detail.
• Valuation relative to price trend. ASII's current price sits near the bottom of its 52-week range and is down 27.1% over the past year, which could reflect cautious market sentiment about Astra's future earnings outlook.

How to buy ASII stock

ASII shares trade in lots, where 1 lot equals 100 shares. At Rp4,190 per share as of October 17, 2026, one lot of ASII costs Rp419,000, excluding brokerage fees.

To buy this stock, investors need to open a securities account with a brokerage licensed by Indonesia's Financial Services Authority (OJK) and registered as a member of the Indonesia Stock Exchange. Once the account is active and funded, ASII shares can be purchased through the broker's trading app during IDX trading hours.

FAQ

Does ASII pay dividends regularly?

Based on the sources checked, Astra declared an interim dividend of Rp98 per share, payable on October 30, 2026. Prior-year dividend history was not found in the sources checked, so check Astra's annual report or idx.co.id for the full record.

How much is one lot of ASII stock?

At Rp4,190 per share as of October 17, 2026, one lot (100 shares) of ASII costs Rp419,000, excluding brokerage fees.

Is ASII part of the LQ45 index?

The sources checked did not explicitly state ASII's LQ45 or IDX30 status. Check idx.co.id for the current index composition.

What's the difference between ASII and IMAS?

ASII is a large conglomerate spanning automotive, financial services, heavy equipment, and mining through hundreds of subsidiaries. IMAS focuses on vehicle distribution and assembly at a smaller scale.

Why did Astra's net profit fall in the first half of 2026?

According to kabasumbar.net (October 9, 2026), the 19% profit decline was mainly driven by the Heavy Equipment & Mining segment, whose profit dropped 46% due to weaker gold mining, heavy equipment sales, mining contracting, and coal businesses.

Is ASII's price currently near its 52-week low?

As of October 17, 2026 data, ASII trades at Rp4,190, close to the lower end of its 52-week range of Rp4,070-Rp7,475, far from the upper end.

This article is informational content to help readers understand ASII's stock profile, not a recommendation to buy or sell the stock.