Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 9.0x --> heavy shareholder buying
• There were 6 names of substantial holders buying
• Top 3 buyers were: ['Treasury Shares', 'Hilmi Panigoro', 'Yani Y. Panigoro']
• Total bought value in the last 6 months: IDR 464.4 billion
• There were: 4x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -1.42%
• In the last 6 months: out of 35,693 million shares bought: 366 million shares came from Foreign holders
• Foreign holders had been net buying 4 months out of the last 6 months time period

Red Flags

• Foreign holders had been net selling 2 months out of the last 6 months time period

Green Flags

• Current EBITDA 4,790.0 B is sufficient to cover current Interest Exp -1,490.0 B
• Total EBITDA 35,290.0 B is sufficient to cover Total Interest Exp -8,890.0 B in the last 7 quarters

Red Flags

• Significant Non-Operating Loss: -11.3% of Revenue in latest Q2 '25 quarter
• Significant Non-Operating Loss: -334.9% of Net Income in latest Q2 '25 quarter
• 6 months Net Profit falling -81.0% compared to last year

Green Flags

• Current Ratio: 1.4x with an avg of 1.3x over 7 quarters

Red Flags

• Increasing DER for 4 consecutive quarters
• Annual avg shares o/s increase: 3.2%
• In the last 4 quarters: 2 occurence of Receivables growing 4.5x of Sales growth

Green Flags

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

Red Flags