PT. Indika Energy Tbk
PT. Indika Energy Tbk, together with its subsidiaries, operates as an integrated energy company in Indonesia. The company operates through Energy Resources, Energy Services, Energy Infrastructure, and Other Portfolio segments. It provides procurement of electricity, gas, steam, hot water, and air; consultation services related to solar power installation projects; operation and maintenance of ele… Read more
PT. Indika Energy Tbk (I41) - Net Assets
Latest net assets as of June 2025: €1.33 Billion EUR
Based on the latest financial reports, PT. Indika Energy Tbk (I41) has net assets worth €1.33 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.91 Billion) and total liabilities (€1.57 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.33 Billion |
| % of Total Assets | 45.82% |
| Annual Growth Rate | 15.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.14 |
PT. Indika Energy Tbk - Net Assets Trend (2021–2024)
This chart illustrates how PT. Indika Energy Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PT. Indika Energy Tbk (2021–2024)
The table below shows the annual net assets of PT. Indika Energy Tbk from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.36 Billion | -1.59% |
| 2023-12-31 | €1.38 Billion | +2.76% |
| 2022-12-31 | €1.34 Billion | +51.65% |
| 2021-12-31 | €883.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT. Indika Energy Tbk's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 110.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €869.81 Million | 72.15% |
| Other Components | €335.71 Million | 27.85% |
| Total Equity | €1.21 Billion | 100.00% |
PT. Indika Energy Tbk Competitors by Market Cap
The table below lists competitors of PT. Indika Energy Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Red 5 Limited
PINK:REDLF
|
$290.26 Million |
|
SintokogioLtd
PINK:SILDF
|
$290.29 Million |
|
BLUELINX HLDGS DL-01
F:FZG1
|
$290.34 Million |
|
Materials Analysis Technology
TWO:3587
|
$290.35 Million |
|
TaiMed Biologics
TWO:4147
|
$289.92 Million |
|
Altri SGPS SA
LS:ALTR
|
$289.91 Million |
|
SELECT HARVEST
F:H0I
|
$289.83 Million |
|
Shenzhen King Explorer Science and Technology Corp Class A
SHE:002917
|
$289.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT. Indika Energy Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,232,842,384 to 1,205,512,723, a change of -27,329,661 (-2.2%).
- Net income of 10,083,796 contributed positively to equity growth.
- Dividend payments of 30,000,000 reduced retained earnings.
- New share issuances of 1,443,274 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.08 Million | +0.84% |
| Dividends Paid | €30.00 Million | -2.49% |
| Share Issuances | €1.44 Million | +0.12% |
| Other Changes | €-8.86 Million | -0.73% |
| Total Change | €- | -2.22% |
Book Value vs Market Value Analysis
This analysis compares PT. Indika Energy Tbk's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.29x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.15 | €0.19 | x |
| 2022-12-31 | €0.23 | €0.19 | x |
| 2023-12-31 | €0.24 | €0.19 | x |
| 2024-12-31 | €0.23 | €0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT. Indika Energy Tbk utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.41%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.46x
- Recent ROE (0.84%) is below the historical average (14.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 7.56% | 1.88% | 0.83x | 4.84x | €-18.62 Million |
| 2022 | 38.06% | 10.44% | 1.21x | 3.02x | €333.75 Million |
| 2023 | 9.71% | 3.95% | 0.97x | 2.53x | €-3.60 Million |
| 2024 | 0.84% | 0.41% | 0.83x | 2.46x | €-110.47 Million |
Industry Comparison
This section compares PT. Indika Energy Tbk's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $20,760,381,212
- Average return on equity (ROE) among peers: -8.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT. Indika Energy Tbk (I41) | €1.33 Billion | 7.56% | 1.18x | $290.15 Million |
| PT Darma Henwa Tbk (0DH) | $254.11 Million | -6.58% | 1.16x | $735.75 Million |
| PT Indo Tambangraya Megah Tbk (3IB) | $958.14 Million | 26.36% | 0.42x | $555.98 Million |
| PT Harum Energy Tbk (44H) | $361.57 Million | 0.12% | 0.23x | $97.76 Million |
| PT TBS Energi Utama Tbk (6AU) | $436.66 Million | 6.52% | 1.05x | $15.35 Million |
| Oracle Power PLC (9OC) | $6.27 Million | -20.57% | 0.03x | $5.62 Million |
| PT Bayan Resources Tbk (BNB) | $1.98 Billion | 62.59% | 0.74x | $4.29 Billion |
| China Coal Energy Company Limited (CVV) | $182.78 Billion | 11.04% | 0.91x | $7.68 Billion |
| HMS Bergbau AG (HMU) | $2.85 Million | -175.64% | 4.43x | $49.27 Million |
| Ichor Coal N.V (IO0) | $62.88 Million | 16.36% | 0.40x | $187.06 |