Financial Analysis Center

Green Flags

• There were: 1x monthly occurence of decrease in public holding --> buying activity
• Net public holding change within the past 6 months: -0.96%
• In the last 6 months: out of 1,714 million shares bought: 0 million shares came from Foreign holders
• Foreign holders had been net buying 3 months out of the last 6 months time period

Red Flags

• Within 6 months timeframe: total Sold value compared to average transaction value is 12,466.3x --> heavy shareholder selling, beware of stock overhang!
• There were 2 names of substantial holders selling
• Top 2 sellers were: ['Bank Of Singapore Limited', 'Sabrina Evelyn Elian']
• Total sold value in the last 6 months: IDR -374.0 billion
• Foreign holders had been net selling 3 months out of the last 6 months time period

Green Flags

• Total EBITDA 143.1 B is sufficient to cover Total Interest Exp -0.5 B in the last 8 quarters

Red Flags

• (-) Revenue
• (-) Revenue and Net Income --> NPM looks (+)
• Multiple quarters of (-) Revenue
• Multiple quarters of (-) Net Income
• Major deterioration of top line compared to other quarters
• Current EBITDA -49.5 B insufficient to cover current Interest Exp -0.3 B
• Negative Turnaround detected: 6 months Net Profit last year become Net Loss this year which fell -1,217.0%

Green Flags

• Decreasing DER for 4 consecutive quarters
• Current Ratio: 2.2x with an avg of 3.5x over 8 quarters

Red Flags

Green Flags

Red Flags

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