Financial Analysis Center

Green Flags

• Foreign holders had been net buying 3 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 5.2x --> heavy shareholder selling, beware of stock overhang!
• There were 3 names of substantial holders selling
• Top 3 sellers were: ['Harris Muliawan', 'PT. Kingland Investindo Nusantara', 'Indra Muliawan']
• Total sold value in the last 6 months: IDR -0.3 billion
• There were: 2x 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 244 million shares sold: 0 million shares came from Foreign holders
• Foreign holders had been net selling 3 months out of the last 6 months time period

Green Flags

• Current EBITDA 19.2 B is sufficient to cover current Interest Exp -2.6 B
• Total EBITDA 104.0 B is sufficient to cover Total Interest Exp -14.7 B in the last 7 quarters
• 6 months Net Profit growing 40.0% compared to last year

Red Flags

• Significant Non-Operating Loss: -37.3% of Net Income in latest Q1 '25 quarter

Green Flags

• Current Ratio: 1.2x with an avg of 1.6x over 7 quarters

Red Flags

• In the last 4 quarters: 1 occurence of Receivables growing 3.2x of Sales growth

Green Flags

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

Red Flags