Financial Analysis Center

Green Flags

• There were: 1x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -11.01%
• In the last 6 months: out of 34,406 million shares bought: 0 million shares came from Foreign holders
• Foreign holders had been net buying 2 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 3,240.0x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Maybank Spore Ltd S/A Mb Ggf Vcc-Maybank Global Gf1-921714015', 'Monica Putri']
• Total sold value in the last 6 months: IDR -226.8 billion
• Foreign holders had been net selling 4 months out of the last 6 months time period

Green Flags

• Current EBITDA 127.4 B is sufficient to cover current Interest Exp -35.6 B
• Total EBITDA 475.8 B is sufficient to cover Total Interest Exp -271.5 B in the last 7 quarters
• 6 months Net Profit growing 49.0% compared to last year

Red Flags

• Significant Non-Operating Loss: -160.9% of Net Income in latest Q1 '25 quarter

Green Flags

• Decreasing DER for 4 consecutive quarters
• Current Ratio: 1.4x with an avg of 1.4x over 7 quarters

Red Flags

• In the last 4 quarters: 1 occurence of Receivables growing 2.2x of Sales growth

Green Flags

Red Flags

• Negative Operating CF with positive Net Profit --> bad earnings quality