Cahayaputra Asa Keramik Tbk PT

The company's capital structure is characterized by a debt-to-equity ratio of 1.85, indicating a significant reliance on debt financing. Its liquidity position is assessed as medium, with a current ratio of 0.54, suggesting limited short-term liquidity to cover immediate liabilities. The price-to-book ratio of 1.37 and price-to-tangible-book ratio of 1.37 indicate that the market values the company slightly above its book value, but the negative return on equity of -26.93% and return on assets of -7.88% highlight poor profitability relative to its equity and asset base [doc:CAKK.JK_valuation_snapshot]. Profitability metrics show a stark divergence from industry norms. The company reported a net loss of 39,168,763,540 IDR and an operating loss of 17,489,100,150 IDR, with a gross profit of 8,729,822,920 IDR. These figures contrast sharply with the industry's preferred metrics, which typically emphasize positive operating margins and returns. The negative return on equity and return on assets further underscore the company's underperformance in generating returns for shareholders and utilizing assets efficiently [doc:CAKK.JK_financial_snapshot]. The company's revenue is distributed across three segments: Floor Tiles, Wall Tiles, and Others. While the specific revenue contribution of each segment is not disclosed, the presence of multiple product lines suggests a diversified approach. Geographically, the company is concentrated in Indonesia, with no disclosed international operations. This concentration may expose the company to regional economic and regulatory risks [doc:CAKK.JK_description]. The company's growth trajectory is mixed. Revenue for the latest period was 366,227,839,380 IDR, but the company reported a net loss. The outlook for the current fiscal year is uncertain, with no clear direction provided. The company's capital expenditure of -56,100,294,450 IDR and free cash flow of -64,172,657,900 IDR indicate significant cash outflows, which may constrain future growth initiatives [doc:CAKK.JK_financial_snapshot]. Risk factors include a medium liquidity risk, as indicated by the current ratio of 0.54 and negative net cash after subtracting total debt. The company's debt-to-equity ratio of 1.85 suggests a high level of leverage, which increases financial risk. The dilution potential is assessed as low, with no significant dilution sources identified in the risk assessment. However, the company's negative operating cash flow and free cash flow may necessitate future financing, which could lead to dilution [doc:CAKK.JK_risk_assessment]. Recent events include the company's latest financial results, which show a net loss and negative operating income. The company's capital expenditure and free cash flow figures indicate significant cash outflows, which may impact its ability to fund operations and growth. No recent filings or transcripts are provided, so the narrative is based on the latest financial data [doc:CAKK.JK_financial_snapshot].