Ateliers Mecaniques D'Indonesie Tbk PT

The company maintains a strong liquidity position, with a current ratio of 1.89 and a price-to-book ratio of 1.59, indicating a relatively healthy balance sheet and market valuation. Free cash flow stands at 15,026,837,900 IDR, while operating cash flow is 29,417,505,150 IDR, suggesting the company generates sufficient cash to support operations and reinvestment. However, net cash is negative after subtracting total debt, signaling potential liquidity constraints. Profitability metrics show a return on equity (ROE) of 10.03% and a return on assets (ROA) of 6.03%, which are in line with the industry's preferred metrics of ROE and ROA for evaluating performance. The company's operating income of 25,537,028,470 IDR and net income of 18,245,267,340 IDR reflect a solid margin structure, with gross profit at 47,052,596,440 IDR. The company operates across multiple segments, including boilers, Service and Parts, Pressure Vessel and Ancillaries, Mechanical and Factory Equipment, and combines. Revenue is concentrated in these core industrial segments, with no disclosed geographic diversification beyond Indonesia. This concentration may expose the company to regional economic fluctuations and regulatory changes. Growth trajectory is supported by a revenue of 366,852,043,310 IDR, with no specific outlook provided for the current or next fiscal year. The company's capital expenditure of -1,369,817,410 IDR indicates a net outflow, which may be used for expansion or asset replacement. The absence of a detailed growth forecast suggests a stable but potentially conservative approach to expansion. Risk factors include a medium liquidity risk and a low dilution risk, with no immediate pressure for equity issuance. The debt-to-equity ratio of 0.16 suggests a conservative capital structure, but the negative net cash position raises concerns about short-term liquidity. No dilution sources are identified in the available data, and the probability of near-term dilution is low. Recent events and filings have not been disclosed in the provided data, so no specific recent developments can be cited. The company's operations are subject to the broader industrial and geopolitical environment, including potential regulatory changes in Indonesia.