Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 8.1x --> heavy shareholder buying
• 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 953.5x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['PT. Global Investama Andalan', 'Imron Hendrata']
• Total sold value in the last 6 months: IDR -648.4 billion
• There were: 1x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +1.15%
• In the last 6 months: out of 153,944 million shares sold: 46 million shares came from Foreign holders
• Foreign holders had been net selling 5 months out of the last 6 months time period

Green Flags

• Top and bottom line has been increasing at an average rate of 7.2% and 3.3% for 4 consecutive quarters

Red Flags

• Multiple quarters of (-) Net Income
• Current EBITDA -413.5 B insufficient to cover current Interest Exp -65.3 B
• Total EBITDA -4,045.5 B insufficient to cover Total Interest Exp -485.6 B in the last 8 quarters

Green Flags

• Current Ratio: 1.3x with an avg of 1.3x over 8 quarters

Red Flags

• Annual avg shares o/s increase: 2.8%
• 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 13.1x of Sales growth

Green Flags

Red Flags

• Negative Net Profit and Operating CF