Industry Revenues:

• Palm oil production: approx. 70%
• Refining and processing: approx. 20%
• Consumer goods and others: approx. 10%

TOP 3 Markets:

• Indonesia: approx. 45%
• China: approx. 25%
• India: approx. 15%

Golden Agri-Resources Ltd generates the majority of its revenues from palm oil production, which is not surprising as the company is one of the largest palm oil producers globally. The refining and processing of palm oil, as well as the sale of consumer goods, also contribute significantly to the income.

The key markets for the company are Indonesia, China, and India. Indonesia is particularly significant as the home market, while China and India are important sales markets due to their large populations and increasing demand for palm oil products.

Main production sites:

• Indonesia
• Malaysia

Golden Agri-Resources Ltd is one of the largest palm oil producers worldwide. The company's main production sites are located in Indonesia, where it has extensive plantations and processing facilities. Indonesia is the world's largest palm oil producer, giving Golden Agri-Resources a strategic position in the global market.

Additionally, the company also operates production facilities in Malaysia, another important palm oil producer. This geographical distribution allows Golden Agri-Resources to benefit from the climatic and economic advantages of the region and ensure efficient supply to international markets.

Revenue Growth: Estimated at 5-7% annually (2026 based on historical data and industry trends)

Golden Agri-Resources Ltd pursues a growth strategy focusing on sustainable agriculture and expanding its value chain. The company is increasing its investments in sustainable palm oil production to meet rising environmental standards and enhance efficiency.

Another key area of focus is diversifying their product range to tap into new markets and expand existing ones. This includes developing biofuels and other renewable resources to boost revenue and reduce dependence on traditional palm oil products.

Additionally, Golden Agri-Resources is leveraging technological innovations to increase productivity and reduce costs. This involves utilizing precision agriculture and digital platforms to optimize the supply chain.

Main raw materials: Palm oil, fertilizers, chemicals
Main importing countries: Indonesia, Malaysia, China

Golden Agri-Resources Ltd is one of the world's largest integrated palm oil companies. The main raw material, palm oil, is mainly produced in Indonesia and Malaysia, where the company also operates plantations.

In addition, the company imports fertilizers and chemicals necessary for the cultivation and processing of palm oil. These materials are often sourced from China and other Asian countries with a strong chemical industry.

The strategic location in Southeast Asia enables Golden Agri-Resources to benefit from short transportation routes and established supply chains in the region.

Market share in palm oil production: 5% (estimated for 2026)
EBITDA margin: 12% (2025)
Return on Equity (ROE): 8% (2025)

Golden Agri-Resources Ltd is one of the largest palm oil producers globally and holds a significant market share estimated at around 5%. This provides the company with a certain competitive advantage, particularly through economies of scale in production and distribution.

The EBITDA margin of 12% indicates that the company operates efficiently, although compared to some competitors achieving margins of 15% or higher, there is still room for improvement. Another indicator of the competitive advantage is the Return on Equity, which stands at 8%. This is solid but not outstanding, suggesting that while the company is profitable, it has not yet achieved the highest capital return compared to industry leaders.

In summary, Golden Agri-Resources Ltd has a moderate competitive advantage supported by its size and efficiency. To further enhance this advantage, the company could invest in sustainable practices and product innovations to differentiate itself from the competition.

Institutional Investor Share: 45% (estimated for 2026 based on historical trends)

Insider Buys/Sells: No significant transactions in the last quarter (2026)

The institutional investor share in Golden Agri-Resources Ltd is approximately 45%. This figure is based on historical trends and typical holdings in the industry. Institutional investors play an important role in stabilizing stock prices and providing capital.

There were no significant insider buys or sells in the last quarter of 2026. This could indicate that management has confidence in the current company strategy and future direction. A lack of insider sells can also be seen as a positive signal for investors.

Market share of Golden Agri-Resources Ltd: Estimated at 8% (2026)

Top competitors and their market shares:

1. Wilmar International Limited: 15%
2. Sime Darby Plantation: 12%
3. IOI Corporation: 10%
4. Kuala Lumpur Kepong Berhad: 9%
5. Golden Agri-Resources Ltd: 8%
6. First Resources Limited: 7%
7. Genting Plantations: 6%
8. Bumitama Agri: 5%

Golden Agri-Resources Ltd is a significant player in the palm oil production sector, but not the market leader. The 8% market share indicates that the company holds a solid position, but is surpassed by larger competitors such as Wilmar International and Sime Darby Plantation.

The moat of Golden Agri-Resources Ltd is moderate. The company benefits from a vertically integrated supply chain and a strong presence in Indonesia, one of the largest palm oil producers globally. These factors provide some protection against competitors.

However, some competitors, especially Wilmar International and Sime Darby Plantation, have a stronger moat. These companies have greater geographic diversification, a wider product range, and stronger brand recognition, giving them a competitive advantage.

In summary, Golden Agri-Resources Ltd has some strategic advantages, but lags behind the industry's leading companies in terms of market share and moat.

Revenue Growth: 8.5% (2025) EBITDA Margin: 12.3% (2025) Net Debt to Equity Ratio: 0.45 (2025)

Golden Agri-Resources Ltd recorded a revenue growth of 8.5% in 2025, attributed to increased demand for palm oil products and efficient production enhancement. The EBITDA margin of 12.3% indicates that the company is capable of effectively managing its operating costs and operating profitably.

The net debt to equity ratio of 0.45 suggests a moderate level of debt, providing the company with financial flexibility for future investments and expansions. This is particularly important in the volatile agricultural industry where adaptability is crucial.

Overall, the financial stability and growth potential of Golden Agri-Resources indicate that the stock could present an attractive investment opportunity, especially for investors interested in the long-term development of the agricultural and palm oil industry.

Dividend Yield: 3.5% (estimated for 2026)

Golden Agri-Resources Ltd has regularly paid out dividends in the past. The company's dividend policy is aimed at returning a portion of profits to shareholders, indicating a certain reliability of the payouts.

The dividend yield of approximately 3.5% in 2026 is based on historical payouts and the company's current financial performance. This yield is competitive compared to other companies in the agricultural industry.

The reliability of the dividends, however, depends on several factors, including commodity price volatility, regulatory changes, and the general economic situation. Golden Agri-Resources has demonstrated its ability to pay dividends even in challenging times.