Financial Analysis Center

Green Flags

• Foreign holders had been net buying 1 months out of the last 6 months time period

Red Flags

• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Lee Suharlie', 'Muhammad Nashri Yong Bin Abdullah']
• Total sold value in the last 6 months: IDR -1.4 billion
• There were: 2x monthly occurence of increase in public holding --> selling activity
• Net public holding change within the past 6 months: +1.03%
• In the last 6 months: out of 842 million shares sold: 19 million shares came from Foreign holders
• Foreign holders had been net selling 5 months out of the last 6 months time period

Green Flags

• Current EBITDA 3.0 B is sufficient to cover current Interest Exp -0.1 B
• Total EBITDA 34.0 B is sufficient to cover Total Interest Exp -0.6 B in the last 8 quarters

Red Flags

• Multiple quarters of (-) Net Income
• Negative Turnaround detected: 6 months Net Profit last year become Net Loss this year which fell -177.0%

Green Flags

• Decreasing DER for 4 consecutive quarters

Red Flags

• 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

Green Flags

Red Flags

• Negative Net Profit with positive Operating CF --> check Noise and other Operating Losses