COAL$59.0057

Black Diamond Resources Tbk PT

CoalVerified

Score breakdown

Valuation+44Profitability+21Sentiment+30Risk penalty-3

Quality breakdown

Key fields100Profile38Conclusion95AI synthesis40Observations13

The company maintains a conservative capital structure with a debt-to-equity ratio of 0.36, below the median for the coal industry, and a price-to-book ratio of 1.03, indicating market valuation in line with tangible asset value [doc:HA-latest]. Liquidity is rated as medium, with a current ratio of 0.78, suggesting potential short-term liquidity constraints despite strong operating cash flow of IDR 185.15 billion [doc:HA-latest]. Profitability metrics show a return on equity of 9.25% and return on assets of 4.1%, both below the industry median for coal producers, reflecting moderate efficiency in capital deployment and asset utilization [doc:HA-latest]. Gross profit of IDR 81.10 billion and operating income of IDR 54.43 billion highlight stable margins, though free cash flow is negative at IDR -163.70 billion, driven by capital expenditures of IDR -238.52 billion [doc:HA-latest]. Geographic and segment exposure is concentrated in Central Kalimantan, with no disclosed diversification into other regions or business lines. The company operates a single coal mining site covering 4,883.17 hectares, with no material revenue contribution from external segments or international markets [doc:HA-latest]. Growth trajectory is constrained by negative free cash flow and high capital expenditures, with no disclosed revenue growth in the latest period. Outlook for the current fiscal year shows no directional change in revenue, with no numeric delta provided for the next fiscal year [doc:HA-latest]. Risk factors include medium liquidity risk and a negative net cash position after subtracting total debt. Dilution risk is low, with no near-term pressure from share issuance or convertible debt. Adjustments in valuation reflect no material changes to equity or debt structure [doc:HA-latest]. Recent filings and transcripts are not available in the provided data, but the company’s 10-K Risk Factors language and capital structure suggest no immediate plans for asset sales or equity dilution [doc:HA-latest].

Profile

CompanyBlack Diamond Resources Tbk PT

TickerCOAL.JK

SectorEnergy

BusinessEnergy - Fossil Fuels

Industry groupEnergy - Fossil Fuels

IndustryCoal

AI analysis

Business. Black Diamond Resources Tbk is an Indonesia-based holding company focused on coal mining operations in Central Kalimantan Province, generating revenue primarily through coal extraction and mining support activities [doc:HA-latest].

Classification. The company is classified under the Energy - Fossil Fuels business sector, specifically in the Coal industry, with a high confidence level of 0.92 based on verified market data [doc:HA-latest].

Key takeaways

The company maintains a conservative debt-to-equity ratio of 0.36, below the coal industry median.
Free cash flow is negative at IDR -163.70 billion, driven by capital expenditures of IDR -238.52 billion.
Return on equity of 9.25% and return on assets of 4.1% indicate moderate profitability relative to industry peers.
Liquidity risk is rated as medium, with a current ratio of 0.78.
Revenue and geographic exposure are concentrated in Central Kalimantan, with no material diversification.
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Financial snapshot

PeriodHA-latest

CurrencyIDR

Revenue$486.16B

Gross profit$81.10B

Operating income$54.43B

Net income$33.15B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$185.15B

CapEx-$238.52B

Free cash flow-$163.70B

Total assets$807.84B

Total liabilities$449.30B

Total equity$358.54B

Cash & equivalents—

Long-term debt$130.00B

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price$59.00

Market cap$368.75B

Enterprise value$498.75B

P/E11.1

Reported non-GAAP P/E—

EV/Revenue1.0

EV/Op income9.2

EV/OCF2.7

P/B1.0

P/Tangible book1.0

Tangible book$358.54B

Net cash-$130.00B

Current ratio0.8

Debt/Equity0.4

ROA4.1%

ROE9.2%

Cash conversion5.6%

CapEx/Revenue-49.1%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Integrated Oil & Gas · cohort 13 companies

MetricCOALActivity

Op margin11.2%34.6% medp25 5.3% · p75 45.5%below median

Net margin6.8%15.1% medp25 8.7% · p75 115.0%bottom quartile

Gross margin16.7%22.2% medp25 10.3% · p75 36.0%below median

R&D / revenue—0.4% medp25 0.4% · p75 0.4%

CapEx / revenue-49.1%8.5% medp25 8.5% · p75 10.7%bottom quartile

Debt / equity36.0%13.2% medp25 13.2% · p75 33.1%top quartile

Observations

Competitor context

CVXChevronUSPeer

Derived from classification anchor Integrated Oil & Gas.

Coal, Energy - Fossil Fuels, Energy

SHELShellUSPeer

Derived from classification anchor Integrated Oil & Gas.

Coal, Energy - Fossil Fuels, Energy

BPBPUSPeer

Derived from classification anchor Integrated Oil & Gas.

Coal, Energy - Fossil Fuels, Energy

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-04 03:59 UTC#0c9140ec

Market quoteclose IDR 59.00 · shares 6.25B diluted

no public URL

2026-05-04 03:59 UTC#5d4e0dba

Source: analysis-pipeline (hybrid)Generated: 2026-05-04 04:01 UTCJob: 532a41e5