Bersama Zatta Jaya Tbk PT

Bersama Zatta Jaya Tbk maintains a strong liquidity position with a current ratio of 5.94, indicating the company can cover its short-term obligations more than five times over. The company's liquidity_fpt score is high, supported by a free cash flow of 30,123,896,170 IDR and operating cash flow of 14,132,629,140 IDR. However, the company has a negative net cash position after subtracting total debt, which is a key liquidity flag [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 0.41% and a return on assets (ROA) of 0.31%, both below the industry median for Apparel & Accessories. The company's operating margin is 7.3%, and its net margin is 1.05%, which are also below the industry average. This suggests that Bersama Zatta Jaya Tbk is underperforming in terms of capital efficiency and profitability relative to its peers [doc:HA-latest]. The company's revenue is concentrated in Indonesia, with no disclosed international operations. Its segments include textile wholesale trade, clothing wholesale trade, and management consulting. The Elzatta Hijab and Dauky brands are the primary revenue drivers, but the company does not provide segment-specific revenue breakdowns. This lack of transparency may obscure the true performance of individual business lines [doc:HA-latest]. Looking ahead, the company's revenue is projected to grow by 5.2% in the current fiscal year and 3.8% in the next fiscal year. This growth is driven by expanding its domestic market share and product diversification. However, the company's capital expenditure is negative at -6,022,589,700 IDR, indicating a reduction in investment in physical assets, which may affect long-term growth potential [doc:HA-latest]. The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The debt-to-equity ratio is 0.12, suggesting a conservative capital structure. However, the negative net cash position after subtracting total debt is a concern. The company has not disclosed any recent dilution events, and the dilution potential is low. No significant risk factors or dilution sources were identified in the latest filings [doc:HA-latest]. Recent events include the company's continued focus on expanding its Elzatta Hijab and Dauky brands in the Indonesian market. The company has not disclosed any major new product launches or strategic acquisitions in the latest filings. The company's management has emphasized cost control and operational efficiency to improve profitability [doc:HA-latest].