Financial Analysis Center

Green Flags

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

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 1.4x --> shareholder selling detected, if continues then potential for stock overhang
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Bnym Re Acp Ii Trading Llc -2039927457', 'Hsbc Bk Plc A/C Ib Main Account']
• Total sold value in the last 6 months: IDR -23.5 billion
• There were: 2x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +5.21%
• In the last 6 months: out of 18,477 million shares sold: 406 million shares came from Foreign holders
• Foreign holders had been net selling 4 months out of the last 6 months time period

Green Flags

• Current EBITDA 69.7 B is sufficient to cover current Interest Exp -18.9 B
• Total EBITDA 577.9 B is sufficient to cover Total Interest Exp -138.1 B in the last 8 quarters
• Positive Turnaround potential: 6 months Net Loss last year become Net Profit this year with a growth of 247.0%

Red Flags

• Multiple quarters of (-) Net Income
• Significant Non-Operating Loss: -15.5% of Revenue in latest Q3 '25 quarter
• Significant Non-Operating Loss: -421.0% of Net Income in latest Q3 '25 quarter

Green Flags

• Decreasing DER for 4 consecutive quarters
• Current Ratio: 5.3x with an avg of 4.8x over 8 quarters

Red Flags

• Annual avg shares o/s increase: 6.4%
• Shares o/s increased by 25.4% in the last 3 yrs
• Detected buildup of inventory and receivables in the balance sheet (current).
• There's a buildup of inventory and receivables in the last 2 quarters
• In the last 4 quarters: 1 occurence of Receivables growing 10.7x of Sales growth

Green Flags

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

Red Flags