Semen Baturaja Tbk PT

Semen Baturaja Tbk PT has a liquidity position that is characterized by a current ratio of 1.05, indicating that the company has just enough current assets to cover its current liabilities. The company's cash and equivalents amount to 25,000,000,000 IDR, which is relatively low compared to its long-term debt of 828,051,968,000 IDR, suggesting that the company may need to rely on operating cash flow to meet its obligations. The operating cash flow of 72,468,514,000 IDR is a positive sign, but the free cash flow of 39,793,012,000 IDR indicates that the company is spending a significant portion of its cash on capital expenditures.

In terms of profitability, Semen Baturaja Tbk PT has a return on equity of 0.0007 and a return on assets of 0.0005, which are both very low, suggesting that the company is not generating significant returns for its shareholders or effectively utilizing its assets. The operating income of 21,411,992,000 IDR is also relatively low compared to the company's total assets of 4,705,663,016,000 IDR, indicating that the company may be facing challenges in converting its assets into profit.

The company's revenue is primarily concentrated in the construction materials segment, with no significant geographic diversification mentioned in the available data. This concentration could pose a risk if the demand for construction materials declines or if there are regional economic downturns that affect the company's primary market.

Looking at the growth trajectory, the company's revenue for the latest period is 402,693,339,000 IDR, and the analyst estimate for the next period is 1,721,907,000,000 IDR, indicating a significant increase in expected revenue. However, the company's net income of 2,238,549,000 IDR is very low, which may suggest that the company is not effectively converting its revenue into profit.

The risk assessment for Semen Baturaja Tbk PT indicates a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio of 0.26 is relatively low, but the key flag of negative net cash after subtracting total debt suggests that the company may need to raise additional capital or manage its debt more effectively. The dilution potential is low, which is a positive sign for shareholders.

Recent events and filings do not provide specific details on the company's operations or financial performance, but the available data suggests that the company is facing challenges in generating significant returns and managing its debt. The company's capital expenditures of -14,967,632,000 IDR indicate that the company is investing in its operations, but the effectiveness of these investments in generating future returns is uncertain.

Net income surged 33.0% year-over-year to IDR 171.9 billion in fiscal 2021, demonstrating strong profitability growth.

The company generated robust free cash flow of IDR 297.4 billion in 2021, up 8.5% from the prior year.

Long-term debt decreased significantly to IDR 522.2 billion in 2021, reflecting a strong deleveraging trend over four years.

Cash conversion ratio of 32.37 ranks as best-in-class compared to the Construction Materials cohort median of 1.2.

Revenue grew at a 7.8% compound annual growth rate from 2017 to 2021, indicating consistent top-line expansion.

The company faces a high credit risk flag, suggesting potential difficulties in meeting financial obligations or debt servicing.

Gross profit declined to IDR 598.5 billion in 2020 before recovering, showing volatility in core production margins.

Revenue IDR 2.36T, +12,9% YoY; Operating income +15,8% YoY.

• ▍Revenue IDR 2.36T, +12,9% YoY
• ▍Operating income +15,8% YoY
• ▍Net income +33,0% YoY
• ▍Free cash flow +8,5% YoY
• ▍Net margin 7.3%

Revenue IDR 2.09T, +2,5% YoY; Operating income −3,7% YoY.

• ▍Revenue IDR 2.09T, +2,5% YoY
• ▍Operating income −3,7% YoY
• ▍Net income +6,3% YoY
• ▍Free cash flow +20,1% YoY
• ▍Net margin 6.2%

Revenue IDR 2.04T, +8,4% YoY; Operating income +1,2% YoY.

• ▍Revenue IDR 2.04T, +8,4% YoY
• ▍Operating income +1,2% YoY
• ▍Net income +57,2% YoY
• ▍Free cash flow +13,1% YoY
• ▍Net margin 6.0%

Revenue IDR 1.88T, +7,4% YoY; Operating income +7,6% YoY.

• ▍Revenue IDR 1.88T, +7,4% YoY
• ▍Operating income +7,6% YoY
• ▍Net income +65,6% YoY
• ▍Free cash flow +7,1% YoY
• ▍Net margin 4.1%

Revenue IDR 1.75T; Operating income IDR 235.15B.

• ▍Revenue IDR 1.75T
• ▍Operating income IDR 235.15B
• ▍Net margin 2.7%