Surya Pertiwi Tbk PT

Surya Pertiwi Tbk PT maintains a relatively strong liquidity position, with a current ratio of 1.68, indicating the company can cover its short-term liabilities with its short-term assets. The company's cash and equivalents amount to 188,067,693,880 IDR, which is partially offset by long-term debt of 305,920,767,150 IDR, resulting in a net cash position that is negative after subtracting total debt. The debt-to-equity ratio of 0.2 suggests a conservative capital structure, with equity significantly outweighing debt.

In terms of profitability, Surya Pertiwi Tbk PT reports a return on equity (ROE) of 3.82% and a return on assets (ROA) of 1.79%. These figures are below the industry median for ROE and ROA in the Construction Supplies & Fixtures sector, indicating that the company is underperforming relative to its peers in terms of asset and equity utilization. The operating margin, calculated as operating income divided by revenue, is 12.33%, which is in line with the industry median.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification beyond Indonesia. This lack of diversification increases exposure to local economic conditions and regulatory changes, which could impact revenue stability. The company does not report revenue by geographic region, making it difficult to assess the extent of regional concentration.

Looking at growth, Surya Pertiwi Tbk PT has demonstrated a positive revenue trajectory, with a year-over-year increase in revenue from 645,873,070,020 IDR. However, the company's capital expenditures have been negative, indicating a reduction in investment in long-term assets. This could signal a strategic shift or a response to market conditions, but it may also limit future growth potential.

The risk assessment for Surya Pertiwi Tbk PT highlights a medium liquidity risk, primarily due to the negative net cash position after accounting for long-term debt. The company's dilution risk is low, with no significant dilution potential identified in the basic shares outstanding. However, the risk assessment does not provide a detailed breakdown of potential dilution sources, which could be an area for further investigation.

Recent events and filings for Surya Pertiwi Tbk PT do not indicate any major corporate actions or significant changes in business strategy. The company's financial statements and disclosures are consistent with its historical performance, suggesting a stable but not rapidly growing business.

Operating and net margins exceed the 75th percentile of the Construction Supplies cohort, indicating superior profitability.

Free cash flow surged 25.4% year-over-year, demonstrating strong cash generation capabilities despite revenue fluctuations.

The company maintains a low debt-to-equity ratio of 0.2, well below the cohort median of 0.29.

Cash conversion ratio of 3.44 significantly outperforms the cohort median of 1.01, highlighting efficient operations.

Net income grew at an 8.3% CAGR over four years, showing consistent long-term earnings expansion.

Revenue declined 4.7% year-over-year, signaling potential weakness in top-line growth momentum.

Net income fell 5.7% year-over-year, reflecting a contraction in bottom-line profitability.

Return on equity of 3.8% remains modest, suggesting limited efficiency in generating shareholder returns.

Medium liquidity risk flags indicate potential challenges in meeting short-term financial obligations.

Operating income decreased 5.3% year-over-year, indicating pressure on core operational profitability.

Revenue IDR 2.51T, +11,9% YoY; Operating income +6,2% YoY.

• ▍Revenue IDR 2.51T, +11,9% YoY
• ▍Operating income +6,2% YoY
• ▍Net income +4,9% YoY
• ▍Free cash flow −0,2% YoY
• ▍Net margin 8.2%

Revenue IDR 2.24T; Operating income IDR 270.40B.

• ▍Revenue IDR 2.24T
• ▍Operating income IDR 270.40B
• ▍Net margin 8.8%