Homeco Victoria Makmur PT Tbk

Homeco Victoria Makmur PT Tbk has a debt-to-equity ratio of 0.5, indicating a balanced capital structure with moderate leverage. The company's liquidity position is assessed as medium, with a current ratio of 2.54, suggesting it can cover short-term obligations but with limited excess cash. Free cash flow is negative at -5,920.61 million IDR, reflecting capital expenditure outpacing operating cash flow [doc:HA-latest]. Profitability metrics show a return on equity of 1.51% and a return on assets of 0.96%, both below the typical thresholds for high-performing firms in the Appliances, Tools & Housewares industry. The company's net income of 5,036.11 million IDR is modest relative to its revenue of 222,099.27 million IDR, indicating thin profit margins [doc:HA-latest]. The company's revenue is distributed across three operating segments: Trading, Manufacturing, and Elimination. While the financial snapshot does not provide segment-specific revenue figures, the presence of a subsidiary, PT Trisinar Indopratama, suggests a concentration in plastic goods and household equipment. The company's geographic exposure is primarily domestic, with no significant international revenue disclosed [doc:HA-latest]. Growth trajectory is constrained by the current free cash flow and capital expenditure of -26,165.34 million IDR. The outlook for the current fiscal year does not indicate a significant improvement in revenue or profitability, with the company's financial performance likely to remain stable or face headwinds from capital outflows [doc:HA-latest]. Risk factors include a medium liquidity risk due to negative net cash after subtracting total debt. The dilution risk is assessed as low, with no near-term pressure expected. The company's capital structure and financial flexibility are not expected to be significantly impacted by dilution in the near term [doc:HA-latest]. Recent events and filings do not highlight any material changes in the company's operations or financial strategy. The absence of significant capital raising or restructuring activities suggests a stable but conservative approach to managing its financial position [doc:HA-latest].