Prasidha Aneka Niaga Tbk PT

The company’s capital structure is characterized by a high price-to-book ratio of 13.74 and a price-to-tangible-book ratio of 13.74, indicating a premium valuation relative to its equity base. Despite a market cap of 279.36 billion IDR, the firm reported a net loss of 26.18 billion IDR and an operating loss of 26.19 billion IDR in the latest period, with no long-term debt outstanding. Liquidity is constrained, with a current ratio of 0.15 and negative operating cash flow of 5.14 billion IDR, suggesting limited short-term financial flexibility. Profitability metrics are sharply negative, with a return on equity (ROE) of -1.288 and return on assets (ROA) of -0.1877, far below the typical performance of firms in the Food Processing industry. Gross profit of 1.93 billion IDR on 24.4 billion IDR in revenue reflects a gross margin of 7.9%, which is below the median for firms in the cohort. The firm’s operating margin is negative at -107.3%, driven by a large operating loss. The company operates in two segments: Agricultural products processing and trading, and Roasted and instant coffee manufacturing. Revenue is concentrated in Indonesia, with branch offices in Palembang and Lampung focused on coffee bean processing and export. No geographic breakdown is provided, but the firm’s exposure to domestic agricultural markets and export channels suggests vulnerability to commodity price swings and currency fluctuations. Growth appears to be under pressure, with a net loss in the latest period and negative free cash flow of 21.2 billion IDR. The firm’s capital expenditure of 514.8 million IDR was modest relative to its operating cash outflows. Analysts reported a last actual revenue of 713.11 billion IDR, but the firm’s reported revenue of 24.4 billion IDR suggests a significant discrepancy or a reporting period mismatch. Risk factors include low liquidity and a lack of long-term debt, which may limit the firm’s ability to fund operations or expand. No immediate dilution risks are flagged, and the firm has not issued additional shares in the latest period. However, the absence of long-term debt and negative cash flows raise concerns about the sustainability of operations without external financing. Recent filings and transcripts do not indicate material events or strategic shifts. The firm’s financial performance remains under scrutiny, with a large operating loss and negative net income reported in the latest period.