Bintang Mitra Semestaraya Tbk PT

The company maintains a liquidity position with a current ratio of 1.84, indicating a moderate ability to meet short-term obligations. However, its price-to-book ratio of 0.39 suggests that the market values the company's equity at a significant discount to its book value. The company's return on equity of 4.86% is below the typical benchmark for the industry, indicating suboptimal capital efficiency. Profitability metrics show a gross profit of 258.45 billion IDR and an operating income of 35.32 billion IDR, translating to a gross margin of 7.14% and an operating margin of 0.98%. These figures are below the median for the Commodity Chemicals industry, which typically sees higher margins due to the nature of chemical trading and distribution. The company's revenue is distributed across several segments, with the Chemical Goods & Rice segment being the primary contributor. Geographically, the company's sales are concentrated in Jabotabek, West Java, Central Java, East Java, and parts of Sumatra and Bontang. This concentration may expose the company to regional economic fluctuations. Looking ahead, the company is projected to see a modest growth in revenue, with a year-over-year increase expected in the current fiscal year. The outlook for the next fiscal year remains cautiously optimistic, with a projected growth rate that aligns with the broader industry trends. The company faces a medium liquidity risk, as indicated by the risk assessment, and a low dilution risk. The company's capital structure includes a long-term debt of 366.18 billion IDR, which is relatively low compared to its total equity of 959.40 billion IDR. The company's debt-to-equity ratio of 0.38 suggests a conservative approach to leverage. Recent events, including the company's financial filings and transcripts, indicate a focus on maintaining operational efficiency and managing debt levels. The company's recent capital expenditures have been minimal, with a negative value of -1.50 billion IDR, suggesting a focus on cost control and asset optimization.