King Tire Indonesia Tbk PT
The company's capital structure is characterized by a debt-to-equity ratio of 0.62, indicating a moderate reliance on debt financing. Its liquidity position is assessed as medium, with a current ratio of 0.98, suggesting that the company's current assets are nearly equal to its current liabilities. The company's price-to-book ratio is 1.25, and its price-to-tangible-book ratio is also 1.25, indicating that the market value is slightly above the book value of tangible assets [doc:HA-latest]. In terms of profitability, the company's return on equity is 7.03%, and its return on assets is 3.86%. These figures are to be compared against the industry's preferred metrics and cohort medians to assess the company's performance relative to its peers. The company's gross profit margin is 17.17%, and its operating margin is 7.21%, which are key indicators of its profitability [doc:HA-latest]. The company's revenue is concentrated in two segments: Tire and Tube. The Tire segment includes multiple brands such as Kingland Genuine, Kingland Premium, Kingland Axcero, and Kingland Atlantis, each offering a range of products. The geographic exposure is primarily within Indonesia, with the company's operations and sales focused in this region [doc:HA-latest]. The company's growth trajectory is reflected in its revenue and net income figures. The company's revenue for the latest period is IDR 620,368,982,240, and its net income is IDR 23,460,027,640. The outlook for the current fiscal year and the next fiscal year is to be analyzed using the provided numeric deltas and revenue history to determine the direction of growth [doc:HA-latest]. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's key flags include a negative net cash position after subtracting total debt, which could impact its liquidity. The dilution potential is assessed as low, with no significant adjustments applied to the valuation metrics [doc:HA-latest]. Recent events, such as filings and transcripts, are to be reviewed to understand any material changes or developments that could affect the company's operations and financial performance. These events are crucial for assessing the company's current status and future prospects [doc:HA-latest].
Business. PT King Tire Indonesia Tbk is an Indonesia-based company engaged in the manufacturing of tubes and tires, primarily for motorcycles, generating revenue through the sale of branded tire and tube products [doc:HA-latest].
Classification. The company is classified under the Tires & Rubber Products industry within the Automobiles & Auto Parts business sector, with a classification confidence of 0.92 [doc:verified market data].
- The company has a moderate debt-to-equity ratio of 0.62, indicating a balanced capital structure.
- The company's return on equity is 7.03%, which is a key indicator of its profitability and efficiency in generating returns for shareholders.
- The company's revenue is concentrated in two segments, Tire and Tube, with a focus on motorcycle tires and inner tubes.
- The company's liquidity position is assessed as medium, with a current ratio of 0.98, suggesting that it has nearly equal current assets and liabilities.
- The company's risk assessment indicates a medium liquidity risk and a low dilution risk, with a key flag of negative net cash after subtracting total debt.
- # RATIONALES
- margin_outlook_rationale: The company's gross profit margin is 17.17%, and its operating margin is 7.21%, which are key indicators of its profitability and efficiency in managing costs.
- rd_outlook_rationale: The company's research and development outlook is not explicitly provided, but its product range suggests ongoing innovation in tire and tube manufacturing.
- Net cash is negative after subtracting total debt.