PT Perusahaan Gas Negara Tbk
PT Perusahaan Gas Negara Tbk, together with its subsidiaries, engages in the transmission and distribution of natural gas in Indonesia. It operates through three segments: Trading and Transmission, Exploration and Production of Oil and Gas, and Other Operations. The company is involved in the exploration, exploitation, and business development in oil and gas; and trading and transmission of gas, … Read more
PT Perusahaan Gas Negara Tbk (PGB1) - Net Assets
Latest net assets as of June 2025: €3.47 Billion EUR
Based on the latest financial reports, PT Perusahaan Gas Negara Tbk (PGB1) has net assets worth €3.47 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 (€6.42 Billion) and total liabilities (€2.95 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 | €3.47 Billion |
| % of Total Assets | 54.0% |
| Annual Growth Rate | 2.93% |
| 5-Year Change | 24.23% |
| 10-Year Change | 21.46% |
| Growth Volatility | 4.78 |
PT Perusahaan Gas Negara Tbk - Net Assets Trend (2013–2024)
This chart illustrates how PT Perusahaan Gas Negara 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 Perusahaan Gas Negara Tbk (2013–2024)
The table below shows the annual net assets of PT Perusahaan Gas Negara Tbk from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.67 Billion | +3.70% |
| 2023-12-31 | €3.54 Billion | +2.87% |
| 2022-12-31 | €3.44 Billion | +4.77% |
| 2021-12-31 | €3.28 Billion | +11.15% |
| 2020-12-31 | €2.96 Billion | -8.62% |
| 2019-12-31 | €3.23 Billion | +1.01% |
| 2018-12-31 | €3.20 Billion | +0.47% |
| 2017-12-31 | €3.19 Billion | +0.53% |
| 2016-12-31 | €3.17 Billion | +4.88% |
| 2015-12-31 | €3.02 Billion | +5.12% |
| 2014-12-31 | €2.88 Billion | +7.65% |
| 2013-12-31 | €2.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Perusahaan Gas Negara 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 decreased by 83.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €339.43 Million | 12.01% |
| Other Components | €2.49 Billion | 87.99% |
| Total Equity | €2.83 Billion | 100.00% |
PT Perusahaan Gas Negara Tbk Competitors by Market Cap
The table below lists competitors of PT Perusahaan Gas Negara Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shaanxi Huaqin Technology Industry Co. Ltd. A
SHG:688281
|
$1.20 Billion |
|
Carter’s Inc
NYSE:CRI
|
$1.20 Billion |
|
BANPU PCL -FGN- BA 1
F:BPFG
|
$1.20 Billion |
|
Heiwa Real Estate Co., Ltd.
PINK:HWARF
|
$1.20 Billion |
|
Jiangsu Broadcasting Cable inf
SHG:600959
|
$1.20 Billion |
|
Berkshire Hills Bancorp Inc
NYSE:BHLB
|
$1.20 Billion |
|
Astec Industries Inc
NASDAQ:ASTE
|
$1.20 Billion |
|
RAPT Therapeutics Inc
NASDAQ:RAPT
|
$1.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Perusahaan Gas Negara Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,698,854,805 to 2,826,045,922, a change of 127,191,117 (4.7%).
- Net income of 339,427,774 contributed positively to equity growth.
- Dividend payments of 318,749,651 reduced retained earnings.
- Other factors increased equity by 106,512,994.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €339.43 Million | +12.01% |
| Dividends Paid | €318.75 Million | -11.28% |
| Other Changes | €106.51 Million | +3.77% |
| Total Change | €- | 4.71% |
Book Value vs Market Value Analysis
This analysis compares PT Perusahaan Gas Negara 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: 0.96x
- 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 increased from 0.86x to 0.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.13 | €0.11 | x |
| 2018-12-31 | €0.11 | €0.11 | x |
| 2019-12-31 | €0.11 | €0.11 | x |
| 2020-12-31 | €0.09 | €0.11 | x |
| 2021-12-31 | €0.10 | €0.11 | x |
| 2022-12-31 | €0.11 | €0.11 | x |
| 2023-12-31 | €0.11 | €0.11 | x |
| 2024-12-31 | €0.12 | €0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Perusahaan Gas Negara 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): 12.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.96%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 2.27x
- Recent ROE (12.01%) is above the historical average (11.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 32.32% | 26.80% | 0.70x | 1.73x | €555.52 Million |
| 2014 | 24.73% | 21.86% | 0.57x | 1.98x | €423.64 Million |
| 2015 | 13.28% | 13.07% | 0.47x | 2.15x | €99.16 Million |
| 2016 | 9.62% | 10.37% | 0.43x | 2.16x | €-11.99 Million |
| 2017 | 4.52% | 4.82% | 0.47x | 1.99x | €-173.67 Million |
| 2018 | 11.85% | 7.88% | 0.49x | 3.08x | €47.54 Million |
| 2019 | 2.64% | 1.76% | 0.52x | 2.88x | €-188.50 Million |
| 2020 | -11.86% | -9.18% | 0.38x | 3.37x | €-488.09 Million |
| 2021 | 12.03% | 10.01% | 0.40x | 2.97x | €51.29 Million |
| 2022 | 12.38% | 9.14% | 0.50x | 2.73x | €62.82 Million |
| 2023 | 10.30% | 7.63% | 0.55x | 2.45x | €8.21 Million |
| 2024 | 12.01% | 8.96% | 0.59x | 2.27x | €56.82 Million |
Industry Comparison
This section compares PT Perusahaan Gas Negara Tbk's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $29,972,673,840
- Average return on equity (ROE) among peers: 9.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Perusahaan Gas Negara Tbk (PGB1) | €3.47 Billion | 32.32% | 0.85x | $1.20 Billion |
| 7RN (7RN) | $4.05 Billion | 4.83% | 1.18x | $1.45 Billion |
| The Hong Kong and China Gas Company Limited (HCG) | $62.90 Billion | 11.85% | 0.86x | $8.81 Billion |
| Chinese People Holdings Company Limited (KEH) | $2.75 Billion | 0.56% | 0.23x | $14.56 Million |
| New Jersey Resources Corporation (NJ1) | $1.11 Billion | 16.35% | 1.97x | $4.62 Billion |
| China Tian Lun Gas Holdings Limited (TLJ) | $3.54 Billion | 16.06% | 2.23x | $41.67 Million |
| Saibu Gas Holdings Co.Ltd (XSG) | $105.49 Billion | 5.83% | 3.09x | $397.31 Million |