PT Hatten Bali PT Tbk

The company's capital structure is characterized by a debt-to-equity ratio of 0.42, indicating a relatively conservative leverage position compared to industry norms. However, the liquidity risk is assessed as medium, with a negative net cash position after subtracting total debt. Free cash flow stands at 6.76 billion IDR, while operating cash flow is negative at -18.99 billion IDR, suggesting operational inefficiencies or high working capital requirements. Profitability metrics show a return on equity (ROE) of 3.56% and a return on assets (ROA) of 2.32%. These figures are below the typical thresholds for high-performing retailers, indicating that the company is not generating strong returns relative to its equity and asset base. Gross profit of 30.1 billion IDR and operating income of 17.5 billion IDR suggest a moderate level of profitability, but the net income of 9.98 billion IDR is relatively low given the company's asset size. The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and regulatory changes. The absence of segment-specific data limits the ability to assess the performance of different parts of the business. Looking ahead, the company's growth trajectory is uncertain. Historical revenue data is not provided, but the current financial performance does not suggest strong growth momentum. The capital expenditure of -11.36 billion IDR indicates a reduction in investment, which may signal a strategic shift or financial constraints. The outlook for the next fiscal year remains unclear without additional guidance. Risk factors include medium liquidity risk and low dilution potential. The company's negative net cash position after subtracting total debt is a key flag, indicating potential challenges in meeting short-term obligations. No significant dilution sources are identified, and the dilution near-term probability is assessed as low. Recent events include the latest financial filing, which provides the most recent snapshot of the company's financial health. No recent earnings call transcripts or significant corporate actions are disclosed, limiting the visibility into management's strategic direction and operational performance.