Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 9.6x --> heavy shareholder buying
• There were 7 names of substantial holders buying
• Top 3 buyers were: ['Abadimukti Gunalestari, Pt', 'Public', 'PT. Kharisma Andalas Putra']
• Total bought value in the last 6 months: IDR 87.0 billion
• There were: 4x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -4.69%
• In the last 6 months: out of 20,058 million shares bought: 40 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 2.6x --> shareholder selling detected, if continues then potential for stock overhang
• There were 3 names of substantial holders selling
• Top 3 sellers were: ['Citraabadi Kotapersada, Pt', 'PT. Abadimukti Gunalestari', 'PT. Pacific Exintraco']
• Total sold value in the last 6 months: IDR -23.7 billion
• Foreign holders had been net selling 3 months out of the last 6 months time period

Green Flags

• Current EBITDA 32.5 B is sufficient to cover current Interest Exp -6.7 B
• Total EBITDA 295.7 B is sufficient to cover Total Interest Exp -66.7 B in the last 8 quarters

Red Flags

• Significant Non-Operating Loss: -5.1% of Revenue in latest Q2 '26 quarter
• Significant Non-Operating Loss: -25.8% of Net Income in latest Q2 '26 quarter
• 6 months Net Profit falling -32.0% compared to last year

Green Flags

• Decreasing DER for 4 consecutive quarters
• Current Ratio: 6.9x with an avg of 5.5x over 8 quarters

Red Flags

• Detected buildup of inventory and receivables in the balance sheet (current).
• There's a buildup of inventory and receivables in the last 2 quarters

Green Flags

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

Red Flags