PT Cita Mineral Investindo Tbk (CITA.JK) Stock Analysis & Winston Score
PT Cita Mineral Investindo Tbk is an Indonesian mining company that focuses on bauxite mining and processing. Bauxite is the raw material used to make aluminum, which goes into products like cars, airplanes, and packaging. The company operates primarily in Kalimantan, Indonesia, and sells its output to industrial customers, including aluminum smelters mainly in China. The company earns money by extracting and selling bauxite ore, with some involvement in further processing into alumina. It operates entirely within Indonesia, making it a relatively small regional player in the global bauxite supply chain. Its competitive position depends heavily on access to mineral reserves and export permits, both of which are controlled by the Indonesian government. A key risk is Indonesia's ongoing policy of restricting raw mineral exports to push more domestic processing, which could force costly investment in refining capacity or limit the company's ability to sell abroad.
Winston Score: 59/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Good (15/30)
- Growth: Mixed (8/20)
- Cash Flow: Exceptional (10/10)
- Stability: Good (5/10)
- Valuation: Good (6/10)
- Ownership: Good (10/15)



