Financial Analysis Center

Green Flags

• Within 6 months timeframe: total Bought value compared to average transaction value is 50.6x --> heavy shareholder buying
• There were 2 names of substantial holders buying
• Top 2 buyers were: ['PT. Infiniti Wahana', 'Jopie Widjaja']
• Total bought value in the last 6 months: IDR 35.4 billion
• There were: 3x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -3.09%
• In the last 6 months: out of 1,901 million shares bought: 1 million shares came from Foreign holders
• 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 39.9x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Bp2S Sg/Bnp Paribas Singapore Branch Wealth Management', 'PT. Abdi Raharja']
• Total sold value in the last 6 months: IDR -27.9 billion
• Foreign holders had been net selling 2 months out of the last 6 months time period

Green Flags

• Current EBITDA 16.7 B is sufficient to cover current Interest Exp -0.2 B
• Total EBITDA 167.1 B is sufficient to cover Total Interest Exp -16.7 B in the last 8 quarters

Red Flags

• Noise detected, check I/S structure in latest Q3 '25 quarter
• 6 months Net Profit falling -36.0% compared to last year

Green Flags

• Decreasing DER for 4 consecutive quarters

Red Flags

• Current Ratio < 1x --> weak balance sheet
• In the last 4 quarters: 2 occurence of Receivables growing 7.7x of Sales growth

Green Flags

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

Red Flags