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 710.2x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Unity Rise Limited', 'Galasco Investments Limited']
• Total sold value in the last 6 months: IDR -312.5 billion
• Foreign holders had been net selling 4 months out of the last 6 months time period

Green Flags

• Current EBITDA 113.5 B is sufficient to cover current Interest Exp 0.0 B
• Total EBITDA 807.9 B is sufficient to cover Total Interest Exp 0.0 B in the last 8 quarters
• Positive Turnaround potential: 6 months Net Loss last year become Net Profit this year with a growth of 300.0%

Red Flags

• Multiple quarters of (-) Net Income

Green Flags

• Decreasing DER for 4 consecutive quarters

Red Flags

• Annual avg shares o/s increase: 16.2%
• Shares o/s increased by 24.5% in the last 3 yrs
• Current Ratio < 1x --> weak balance sheet
• 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 5.1x of Sales growth

Green Flags

Red Flags

• Negative Operating CF with positive Net Profit --> bad earnings quality