Financial Analysis Center

Green Flags

• There were 2 names of substantial holders buying
• Top 2 buyers were: ['PT. Triputra Investindo Arya', 'T. Permadi Rachmat. Ir']
• Total bought value in the last 6 months: IDR 12.3 billion
• There were: 3x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -0.05%
• In the last 6 months: out of 993 million shares bought: 176 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 5.3x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Gochean Holdings Incorporated', 'Salween Investment Pte. Ltd.']
• Total sold value in the last 6 months: IDR -110.8 billion
• Foreign holders had been net selling 1 months out of the last 6 months time period

Green Flags

• Current EBITDA 1,080.0 B is sufficient to cover current Interest Exp -12.6 B
• Total EBITDA 6,075.6 B is sufficient to cover Total Interest Exp -132.9 B in the last 7 quarters
• 6 months Net Profit growing 75.0% compared to last year

Red Flags

• Significant Non-Operating Income: 7.1% of Revenue in latest Q2 '25 quarter

Green Flags

• Current Ratio: 1.7x with an avg of 1.5x over 7 quarters

Red Flags

• In the last 4 quarters: 3 occurence of Receivables growing 27.8x of Sales growth

Green Flags

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

Red Flags