Financial Analysis Center

Deep dive into the financial statements for BULL.

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Red Flag / Green Flag Analysis

Green Flags
  • There were: 2x monthly occurence of decrease in public holding --> buying activity
  • Net public holding change within the past 6 months: -0.59%
  • In the last 6 months: out of 8,330 million shares bought: 954 million shares came from Foreign holders
  • 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 2.2x --> shareholder selling detected, if continues then potential for stock overhang
  • There were 10 names of substantial holders selling
  • Top 3 sellers were: ['PT. Delta Royal Sejahtera', 'PT. Majukarya Mandiri Indonesia', 'PT. Danatama Kapital Investama']
  • Total sold value in the last 6 months: IDR -554.0 billion
  • Foreign holders had been net selling 3 months out of the last 6 months time period
Green Flags
  • Current EBITDA 172.2 B is sufficient to cover current Interest Exp -47.3 B
  • Total EBITDA 1,679.6 B is sufficient to cover Total Interest Exp -539.7 B in the last 8 quarters
Red Flags
  • Significant Non-Operating Loss: -25.2% of Net Income in latest Q3 '25 quarter
  • 6 months Net Profit falling -63.0% compared to last year
Green Flags
  • Decreasing DER for 4 consecutive quarters
  • Current Ratio: 1.0x with an avg of 0.9x over 8 quarters
Red Flags
  • Annual avg shares o/s increase: inf%
Green Flags
Red Flags
  • Negative Operating CF with positive Net Profit --> bad earnings quality

Income Statement Breakdown

Common size breakdown of the income statement.

Revenue vs. Expenses Breakdown

A detailed breakdown of revenue sources and expense categories.

Income Statement Flow (Sankey)

Shows the flow from top-line revenue to bottom-line net profit.

Foreign Flow (in Shares)

Net flow of foreign funds into the stock.

Balance Sheet Breakdown

Bubble size is proportional to the value of each balance sheet account.