Koka Indonesia Tbk PT

Koka Indonesia Tbk PT has a liquidity position characterized by a current ratio of 4.37, indicating strong short-term liquidity, and a debt-to-equity ratio of 0.03, suggesting a conservative capital structure with minimal leverage. The company holds cash and equivalents of IDR 6,454,660,240, which is relatively low compared to its total assets of IDR 184,259,253,080. The operating cash flow is negative at IDR -22,812,773,520, and free cash flow is also negative at IDR -23,629,616,550, indicating cash outflows from operations. Profitability metrics for Koka Indonesia Tbk PT are negative, with a return on equity of -17.04% and a return on assets of -14.22%. The company reported a net loss of IDR -26,203,094,400 and an operating loss of IDR -26,149,560,390, which is significantly below the industry median for construction and engineering firms. The gross profit of IDR 11,858,682,600 is also below the industry average, indicating challenges in cost control and pricing. The company operates in two segments: Infrastructure service and Construction service. Revenue concentration data is not available, but the disclosed projects suggest a focus on industrial and commercial construction in Indonesia. The company's exposure to domestic markets is high, with no significant international operations reported. This concentration may increase vulnerability to local economic and regulatory changes. Growth trajectory for Koka Indonesia Tbk PT is uncertain, with no specific outlook provided for the current or next fiscal year. Historical revenue data shows a total of IDR 37,496,815,480 in the latest period, but the company's negative operating and net income suggest operational challenges. The capital expenditure of IDR -3,508,900,000 indicates ongoing investment, but the negative cash flows from operations may limit future growth capacity. Risk factors for Koka Indonesia Tbk PT include low liquidity and the potential for dilution, although no immediate filing-based flags were detected. The company's negative operating cash flow and free cash flow increase liquidity risk, and the negative net income raises concerns about long-term sustainability. There are no reported dilution sources in the latest filings, and the dilution potential is assessed as low. Recent events and filings for Koka Indonesia Tbk PT do not indicate any significant changes in operations or financial strategy. The company's latest financial snapshot does not show any new debt issuances, equity offerings, or major project awards. The absence of recent events suggests a stable but stagnant operational environment.