Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 2.0x --> shareholder buying detected
• There were 2 names of substantial holders buying
• Top 2 buyers were: ['Antonius Gunawan Gho', 'Asing']
• Total bought value in the last 6 months: IDR 20.0 billion
• 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 1.1x --> shareholder selling detected, if continues then potential for stock overhang
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Harris Muliawan', 'Vivi Ramalyati Hutama']
• Total sold value in the last 6 months: IDR -10.5 billion
• There were: 1x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +0.07%
• In the last 6 months: out of 1,091 million shares sold: 28 million shares came from Foreign holders
• Foreign holders had been net selling 5 months out of the last 6 months time period

Green Flags

• Current EBITDA 111.8 B is sufficient to cover current Interest Exp -33.1 B
• Total EBITDA 1,193.7 B is sufficient to cover Total Interest Exp -168.2 B in the last 7 quarters

Red Flags

• Top line decreased by -36.4% in latest Q1 '25 quarter
• 6 months Net Profit falling -42.0% compared to last year

Green Flags

• Current Ratio: 1.8x with an avg of 1.7x over 7 quarters

Red Flags

• Increasing DER for 4 consecutive quarters
• Annual avg shares o/s increase: 15.8%
• Shares o/s increased by 109.5% in the last 3 yrs
• In the last 4 quarters: 3 occurence of Receivables growing 4.1x of Sales growth

Green Flags

Red Flags

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