- Chandra Asri Pacific Tbk reported a net loss of $33.6 million for the financial year.
- This is a significant improvement from the prior year, with the loss reduced by 78% from $149.5 million.
- The reported loss was lower than the estimated loss of $59.9 million.
- The company’s revenue stood at $2.16 billion, showing a decrease of 9.4% from the previous year.
- This revenue was lower than the estimated revenue of $2.31 billion.
- The Earnings Per Share (EPS) was 0.0500c, compared to a loss per share of 0.2100c in the prior year.
- Among analysts, there were no buy ratings, one hold rating, and three sell ratings for the company’s stock.
- All comparisons are based on values reported by the company in its original disclosures.
Chandra Asri Petrochemical on Smartkarma
Chandra Asri Petrochemical has been making headlines on Smartkarma, an independent investment research network. According to Brian Freitas, a top independent analyst on the platform, there will be four changes for both the IDX30 and LQ45 indexes in the upcoming rebalance, which will be implemented in four trading days. The changes were mostly expected, but there were also some surprises. This means that there will be over a day’s worth of average daily volume to trade on many stocks, providing investors with ample opportunities to take advantage of the changes.
Freitas also notes that there will be significant passive inflows in stocks such as Indofood CBP Sukses, Merdeka Battery Materials, Indah Kiat Pulp & Paper, and Pertamina Geothermal Energy. With only four days left until the implementation, there could be significant movements in these stocks due to the impact of passive fund trading. This is important information for investors to consider when making decisions about Chandra Asri Petrochemical and other stocks affected by the rebalance.
A look at Chandra Asri Petrochemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to the Smartkarma Smart Scores, the long-term outlook for Chandra Asri Petrochemical is looking positive. The company has received an overall score of 3 out of 5, indicating a good outlook for the future. This score is based on various factors such as value, dividend, growth, resilience, and momentum.
Chandra Asri Petrochemical, an integrated petrochemical producer, has received a score of 2 for value, dividend, and growth, indicating that the company is performing reasonably well in these areas. However, it has received a higher score of 3 for resilience, suggesting that the company is well-positioned to withstand market fluctuations and challenges. Additionally, with a score of 5 for momentum, Chandra Asri Petrochemical is showing strong growth potential and positive market momentum. Overall, these scores indicate a positive outlook for the company’s future performance.
Based on the description of the company, PT Chandra Asri Petrochemical Tbk is a key player in the petrochemical industry, producing a variety of products for both domestic and export markets in Indonesia. With its strong resilience and momentum, the company is well-positioned to continue its growth and success in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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