Financial Analysis Center

Green Flags

• There were 3 names of substantial holders buying
• Top 3 buyers were: ['Ir. Pudji Harianto', 'Henry Budiono, S.E.', 'Poedji Harixon']
• Total bought value in the last 6 months: IDR 0.1 billion
• There were: 2x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -0.03%
• In the last 6 months: out of 87 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

• Foreign holders had been net selling 2 months out of the last 6 months time period

Green Flags

• Total EBITDA 34.9 B is sufficient to cover Total Interest Exp -18.3 B in the last 8 quarters

Red Flags

• Current EBITDA -2.4 B insufficient to cover current Interest Exp -2.7 B

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
• In the last 4 quarters: 1 occurence of Receivables growing 3.7x of Sales growth

Green Flags

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

Red Flags