Sarimelati Kencana Tbk PT

The company's capital structure is characterized by a debt-to-equity ratio of 0.6, indicating a moderate reliance on debt financing. Despite a negative net income of -IDR16.44 billion, the firm maintains a strong liquidity position with an operating cash flow of IDR27.58 billion and free cash flow of IDR6.05 billion. The current ratio of 0.52 suggests potential short-term liquidity constraints, as current liabilities exceed current assets.

Profitability metrics are underperforming relative to industry norms, with a return on equity of -1.64% and a return on assets of -0.76%. These figures indicate that the company is not generating returns that meet the cost of equity or assets, which is a concern for investors. The operating loss of -IDR6.87 billion further underscores the company's struggle to achieve operational profitability.

Geographically, the company's revenue is concentrated in Indonesia, with no disclosed international operations. Segment-wise, the firm operates as a single business unit, with no material diversification across product lines or services. This lack of diversification increases exposure to local economic and regulatory risks.

The company's growth trajectory is uncertain, with no disclosed revenue growth in the current fiscal year. Historical revenue of IDR73.49 billion reflects a stable but non-expanding business model. The absence of capital expenditure growth (-IDR5.43 billion) suggests a conservative approach to reinvestment, which may limit future expansion opportunities.

Risk factors include a medium liquidity risk, as the firm's net cash position is negative after accounting for total debt. The dilution risk is assessed as low, with no significant changes in shares outstanding between basic and diluted shares. No recent events, such as filings or transcripts, have been disclosed that would indicate material changes in the company's operations or strategy.

Recent financial filings and transcripts do not indicate any material events that would alter the company's strategic direction or financial health. The firm's operations remain consistent with its historical performance, with no significant new initiatives or challenges disclosed.

Free cash flow surged 44.7% year-over-year to IDR 292 billion, demonstrating strong recent cash generation capabilities.

Operating income expanded 258.6% year-over-year, indicating a significant recovery in core operational profitability trends.

Net income grew 134% year-over-year to IDR 24.8 billion, marking a return to profitability from prior losses.

Debt-to-equity ratio of 0.6 sits above the cohort median of 0.71, suggesting relatively conservative leverage compared to peers.

Revenue increased 9.1% year-over-year to IDR 3.05 trillion, showing continued top-line growth momentum in the latest period.

The company faces high credit risk and high leverage band classification, indicating significant financial stability concerns.

Net margin of -2.2% and operating margin of -0.9% remain well below the cohort medians of 2.4% and 3.5%.

Return on equity of -1.6% significantly underperforms the cohort median of 3.9%, reflecting poor capital efficiency.

Cash conversion ratio of -16.77 places the company in the bottom quartile of the restaurant and bar cohort.

Revenue IDR 3.54T, −1,9% YoY; Operating income −354,5% YoY.

• ▍Revenue IDR 3.54T, −1,9% YoY
• ▍Operating income −354,5% YoY
• ▍Net income −310,2% YoY
• ▍Free cash flow +154,0% YoY
• ▍Net margin -2.7%

Revenue IDR 3.61T, +5,7% YoY; Operating income −77,5% YoY.

• ▍Revenue IDR 3.61T, +5,7% YoY
• ▍Operating income −77,5% YoY
• ▍Net income −146,9% YoY
• ▍Free cash flow −359,9% YoY
• ▍Net margin -0.6%

Revenue IDR 3.42T; Operating income IDR 70.28B.

• ▍Revenue IDR 3.42T
• ▍Operating income IDR 70.28B
• ▍Net margin 1.5%