Financial Analysis Center

Green Flags

• There were 3 names of substantial holders buying
• Top 3 buyers were: ['Drs. Prodjo Sunarjanto Sp.', 'Drs Prodjo Sunarjanto Sp', 'Erida']
• Total bought value in the last 6 months: IDR 2.0 billion
• There were: 1x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -0.02%
• In the last 6 months: out of 74 million shares bought: 10 million shares came from Foreign holders
• Foreign holders had been net buying 1 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 20.7x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Credit Suisse Ag, Singapore Branch Trust Account Clients', 'Tjoeng Suyanto']
• Total sold value in the last 6 months: IDR -102.4 billion
• Foreign holders had been net selling 5 months out of the last 6 months time period

Green Flags

• Current EBITDA 485.8 B is sufficient to cover current Interest Exp -75.5 B
• Total EBITDA 2,863.2 B is sufficient to cover Total Interest Exp -512.2 B in the last 7 quarters
• 6 months Net Profit growing 60.0% compared to last year

Red Flags

• Significant Non-Operating Loss: -56.4% of Net Income in latest Q2 '25 quarter

Green Flags

• Decreasing DER for 4 consecutive quarters
• Current Ratio: 1.0x with an avg of 1.0x over 7 quarters

Red Flags

• Detected buildup of inventory and receivables in the balance sheet (current).
• There's a buildup of inventory and receivables in the last 2 quarters
• In the last 4 quarters: 2 occurence of Receivables growing 3.8x of Sales growth

Green Flags

• Net Profit : Operating CF ratio > 0 --> positive Net Profit and positive Operating CF

Red Flags