Indonesia Pondasi Raya Tbk PT

The company's capital structure is characterized by a debt-to-equity ratio of 0.75, indicating a moderate reliance on debt financing. Its liquidity position is assessed as medium, with a current ratio of 1.28, suggesting the company has sufficient short-term assets to cover its short-term liabilities, but with limited excess. The price-to-book ratio of 0.92 implies that the company's market value is slightly below its book value, which may reflect market skepticism about its future earnings potential.

Profitability metrics reveal a challenging financial position. The company reported a net loss of -1,259,599,150 IDR, and its return on equity is -0.0019, indicating a negative return for shareholders. The return on assets is similarly negative at -0.0007, suggesting that the company is not effectively utilizing its assets to generate profit. These figures are below the industry median for construction and engineering firms, which typically have positive returns on equity and assets.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases the company's exposure to regional economic fluctuations and project-specific risks. The absence of segment or geographic breakdown in the financial data limits the ability to assess the company's risk profile in detail.

The company's growth trajectory is uncertain, with a net loss in the most recent reporting period. The operating cash flow of 74,421,808,850 IDR and free cash flow of 15,547,412,290 IDR indicate that the company is generating positive cash from operations, but the capital expenditure of -8,632,188,790 IDR suggests ongoing investment in infrastructure. The outlook for the current fiscal year is not explicitly provided, but the negative net income raises concerns about future growth.

Risk factors include a medium liquidity risk, as the company's net cash is negative after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. The company's financial leverage and negative net income are key risk indicators that could affect its creditworthiness and ability to secure financing.

Recent events include the disclosure of a negative earnings per share (EPS) of -4.00 IDR, which aligns with the company's net loss. No recent filings or transcripts were provided that would indicate significant changes in the company's operations or strategic direction.

Revenue grew 9.5% year-over-year to IDR 1.22 trillion, demonstrating top-line expansion despite broader economic headwinds.

Net income increased 12.2% year-over-year to IDR 26.1 billion, indicating improved profitability relative to revenue growth.

The company generated positive free cash flow of IDR 66.5 billion, providing liquidity for operations and debt servicing.

Long-term debt decreased to IDR 442.9 billion, suggesting a gradual deleveraging trend from previous higher levels.

Dilution risk is assessed as low, protecting existing shareholders from significant equity value erosion in the near term.

Credit risk is flagged as high, signaling potential difficulties in meeting financial obligations or securing future financing.

Net margin of -0.5% places the company in the bottom quartile of its construction cohort, indicating poor profitability.

Return on equity of -0.19% ranks in the bottom quartile, showing inefficient use of shareholder capital compared to peers.

Operating income declined 4.9% year-over-year to IDR 70.6 billion, revealing weakening core operational performance.