Pabrik Kertas Tjiwi Kimia Tbk PT

The company's capital structure is characterized by a debt-to-equity ratio of 0.24, indicating a conservative leverage profile relative to its equity base. Despite a negative net cash position after subtracting total debt, the current ratio of 1.27 suggests adequate short-term liquidity to meet obligations. The price-to-book ratio of 5883.49 and price-to-tangible-book ratio of 5883.49 reflect a highly capitalized market valuation relative to its book value. Profitability metrics show a return on equity of 9.35% and return on assets of 7.03%, which are below the industry median for paper products firms. The operating margin of 6.77% (calculated from operating income of 66.69M USD on revenue of 984.73M USD) is also below the industry median, indicating room for improvement in cost control and pricing power. The company's gross margin of 15.33% (150.95M USD gross profit on 984.73M USD revenue) is similarly below the industry median. Geographic and segment exposure is not explicitly disclosed in the available data, but as an Indonesian paper products firm, the company is likely concentrated in the domestic market. The lack of segment reporting prevents a detailed analysis of revenue diversification. The company's exposure to raw material price volatility and currency fluctuations is a key operational risk given its geographic focus. The company's growth trajectory is difficult to assess due to the absence of multi-year revenue data. However, the current fiscal year outlook does not include specific revenue growth targets. The free cash flow of 236.02M USD and capital expenditure of -85.81M USD suggest a cash-generative business model with moderate reinvestment. The absence of shares outstanding changes between basic and diluted indicates no immediate dilution pressure. The risk assessment highlights liquidity as a medium concern, with the company's cash and equivalents at zero and long-term debt at 715.84M USD. The dilution risk is assessed as low, with no near-term dilution expected based on the current share structure. The key flag of negative net cash after debt is a liquidity risk that could become more acute if working capital requirements increase. Recent events and filings are not explicitly detailed in the available data, but the company's ESG profile includes a Social pillar score of 78.00 and a Governance pillar score of 71.81, indicating moderate ESG performance. The ESG controversies score of 100.00 suggests no material controversies in the recent period.