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 12.1x --> heavy shareholder selling, beware of stock overhang!
• There were 3 names of substantial holders selling
• Top 3 sellers were: ['PT. Aserra Capital', 'Bnym Re Acp Ii Trading Llc -2039927457', 'Hsbc Bk Plc A/C Ib Main Account']
• Total sold value in the last 6 months: IDR -242.7 billion
• There were: 1x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +2.33%
• In the last 6 months: out of 8,263 million shares sold: 126 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 216.4 B is sufficient to cover current Interest Exp -26.0 B
• Total EBITDA 712.4 B is sufficient to cover Total Interest Exp -147.2 B in the last 8 quarters
• 6 months Net Profit growing 1,577.0% compared to last year

Red Flags

• Multiple quarters of (-) Net Income
• Significant Non-Operating Loss: -7.9% of Revenue in latest Q4 '25 quarter
• Significant Non-Operating Loss: -63.8% of Net Income in latest Q4 '25 quarter

Green Flags

• Current Ratio: 3.9x with an avg of 4.7x 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
• In the last 4 quarters: 2 occurence of Receivables growing 44.8x of Sales growth

Green Flags

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

Red Flags