Financial Analysis Center

Green Flags

• Foreign holders had been net buying 4 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 496.1x --> 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 -317.5 billion
• There were: 2x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +5.73%
• In the last 6 months: out of 148,442 million shares sold: 10 million shares came from Foreign holders
• Foreign holders had been net selling 2 months out of the last 6 months time period

Green Flags

• Current EBITDA 58.0 B is sufficient to cover current Interest Exp -0.3 B
• Total EBITDA 572.4 B is sufficient to cover Total Interest Exp 0.9 B in the last 8 quarters

Red Flags

• Multiple quarters of (-) Net Income
• 6 months Net Profit falling -31.0% compared to last year

Green Flags

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: 2 occurence of Receivables growing 8.3x of Sales growth

Green Flags

Red Flags

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