Puri Sentul Permai Tbk PT

The company maintains a conservative capital structure, with a debt-to-equity ratio of 0.11, significantly below the industry median for hotels and restaurants, which typically ranges between 0.3 and 0.5. Total liabilities amount to IDR 11.77 billion, while equity stands at IDR 68.17 billion, indicating a strong equity base. However, the company’s liquidity position is mixed: while cash and equivalents total IDR 2.37 billion, free cash flow is negative at -IDR 8.88 billion, driven by capital expenditures of -IDR 15.14 billion. This suggests the company is reinvesting heavily in growth or maintenance, which could impact short-term liquidity [doc:KDTN.JK-FinancialSnapshot]. Profitability metrics show a return on equity (ROE) of 3% and return on assets (ROA) of 2.56%, both below the industry median of 5% and 4%, respectively. The company’s operating margin is 8.25% (IDR 2.76 billion operating income on IDR 33.49 billion revenue), which is in line with the industry average but leaves room for improvement in cost control or pricing power. Net income of IDR 2.04 billion reflects a net margin of 6.1%, again in line with the sector but not outperforming [doc:KDTN.JK-ValuationSnapshot]. The company operates in three segments: Rent Rooms, Food and Beverages, and Others. Revenue concentration is not disclosed, but the primary revenue driver is the Kedaton 8 Hotel, which offers 69 room units across multiple categories. Fu Hotpot & Grill, the restaurant segment, also contributes significantly, with capacity for 200 guests and online delivery services. The geographic exposure is limited to Indonesia, with operations concentrated in the Jakarta area, as per disclosed locations [doc:KDTN.JK-Description]. Growth trajectory appears mixed. Revenue for the latest period is IDR 33.49 billion, but no prior-year data is provided to assess year-over-year growth. The company’s capital expenditures suggest ongoing investment, which could support future revenue expansion. However, the negative free cash flow indicates that the company is not currently generating excess cash to reinvest or return to shareholders [doc:KDTN.JK-FinancialSnapshot]. Risk factors include liquidity constraints due to negative free cash flow and high capital expenditures. The company has a low dilution risk, with shares outstanding remaining unchanged between basic and diluted shares. No recent dilutive events are reported, and the company has not issued new shares in the latest period. However, the negative net cash position (cash minus total debt) raises concerns about short-term liquidity [doc:KDTN.JK-RiskAssessment]. Recent events include the continued operation of Kedaton 8 Hotel and Fu Hotpot & Grill, with no disclosed material changes in business operations or regulatory issues. The company has not filed any recent earnings calls or 10-K equivalent reports, and no major strategic shifts are noted in the latest disclosures [doc:KDTN.JK-Description].