Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 1.2x --> shareholder buying detected
• There were 2 names of substantial holders buying
• Top 2 buyers were: ['Rejuve Global Investment PT. Ltd', 'PT. Asuransi Jiwa Starinvestama']
• Total bought value in the last 6 months: IDR 16.5 billion
• There were: 1x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -0.26%
• In the last 6 months: out of 2,922 million shares bought: 66 million shares came from Foreign holders
• Foreign holders had been net buying 5 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 56.4x --> heavy shareholder selling, beware of stock overhang!
• Foreign holders had been net selling 1 months out of the last 6 months time period

Green Flags

Red Flags

• Multiple quarters of (-) Net Income
• Current EBITDA 0.0 B insufficient to cover current Interest Exp -80.2 B
• Total EBITDA 120.7 B insufficient to cover Total Interest Exp -400.3 B in the last 7 quarters
• 6 months Net Loss increasing 133.0% compared to last year

Green Flags

• Current Ratio: 1.1x with an avg of 1.4x over 7 quarters

Red Flags

• Increasing DER for 4 consecutive quarters
• Annual avg shares o/s increase: 87.9%
• Shares o/s increased by 351.4% in the last 3 yrs
• In the last 4 quarters: 2 occurence of Receivables growing 6.9x of Sales growth

Green Flags

Red Flags

• Negative Net Profit and Operating CF