Kabelindo Murni Tbk PT

Kabelindo Murni Tbk PT maintains a strong capital structure with no long-term debt and a debt-to-equity ratio of 0.0, indicating a conservative leverage profile. The company's liquidity position is characterized by a current ratio of 1.74, suggesting it has sufficient short-term assets to cover its liabilities. However, the operating cash flow is negative at -2.75 billion IDR, which may signal inefficiencies in working capital management or operational performance.

Profitability metrics show a return on equity (ROE) of 2.24% and a return on assets (ROA) of 1.76%, both below the typical thresholds for high-performing industrial firms. The company's operating margin is 8.63% (calculated as operating income of 36.71 billion IDR divided by revenue of 425.35 billion IDR), which is in line with industry norms but leaves room for improvement in cost control and pricing power.

The company's revenue is concentrated in a few key segments, with the majority derived from domestic sales in Indonesia. No specific geographic breakdown is provided, but the absence of international revenue exposure suggests a high degree of domestic market dependence. This concentration could pose risks in the event of economic downturns or regulatory changes in the local market.

Looking ahead, the company is projected to maintain a stable revenue trajectory, with no significant growth or contraction expected in the next fiscal year. Capital expenditures are substantial at -33.26 billion IDR, indicating ongoing investment in infrastructure and production capacity. This level of spending may support long-term growth but could also impact short-term profitability if not offset by increased revenue.

Risk factors for Kabelindo Murni Tbk PT include low liquidity and the potential for dilution, although no immediate filing-based flags were detected. The company's conservative capital structure and lack of long-term debt reduce financial risk, but the negative operating cash flow suggests a need for improved operational efficiency. No recent significant events, such as major filings or earnings transcripts, have been reported that would indicate a material change in the company's strategic direction or financial health.

The company maintains zero long-term debt, placing its leverage ratio in the top quartile of peers.

Net income surged 334.6% year-over-year, demonstrating strong recent profitability momentum compared to the prior period.

Low dilution, liquidity, and credit risk flags suggest a stable financial profile with minimal immediate threats.

Cash conversion ratio of -0.10 is significantly worse than the 0.89 median for the peer group.

Revenue IDR 425.35B; Operating income IDR 36.71B.

• ▍Revenue IDR 425.35B
• ▍Operating income IDR 36.71B
• ▍Net margin 6.8%

Revenue IDR 1.79T, −10,1% YoY; Operating income −75,5% YoY.

• ▍Revenue IDR 1.79T, −10,1% YoY
• ▍Operating income −75,5% YoY
• ▍Net income −67,9% YoY
• ▍Free cash flow −0,6% YoY
• ▍Net margin 1.4%

Revenue IDR 1.99T, +20,6% YoY; Operating income +115,8% YoY.

• ▍Revenue IDR 1.99T, +20,6% YoY
• ▍Operating income +115,8% YoY
• ▍Net income +151,5% YoY
• ▍Free cash flow −55,4% YoY
• ▍Net margin 3.9%

Revenue IDR 1.65T, +8,8% YoY; Operating income +69,3% YoY.

• ▍Revenue IDR 1.65T, +8,8% YoY
• ▍Operating income +69,3% YoY
• ▍Net income +0,9% YoY
• ▍Free cash flow −8,6% YoY
• ▍Net margin 1.9%