Polychem Indonesia Tbk
PT. Polychem Indonesia Tbk engages in the chemical and polyester businesses in Indonesia, Asia, and Europe. The company operates through Polyester and Petrochemical segments. It offers mono-ethylene glycol, di-ethylene glycol, tri-ethylene glycol, and various ethoxylate products; and petrochemicals. The company also provides polyester chips, polyester yarns, polyester staple fibers, and drawn tex… Read more
Polychem Indonesia Tbk (ADMG) - Net Assets
Latest net assets as of September 2025: Rp117.20 Million IDR
Based on the latest financial reports, Polychem Indonesia Tbk (ADMG) has net assets worth Rp117.20 Million IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp161.44 Million) and total liabilities (Rp44.23 Million). 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 | Rp117.20 Million |
| % of Total Assets | 72.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | -30.67% |
| 10-Year Change | -56.64% |
| Growth Volatility | 35.49 |
Polychem Indonesia Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Polychem Indonesia 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 Polychem Indonesia Tbk (2000–2024)
The table below shows the annual net assets of Polychem Indonesia Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp116.09 Million | -7.86% |
| 2023-12-31 | Rp126.00 Million | -13.26% |
| 2022-12-31 | Rp145.26 Million | -15.48% |
| 2021-12-31 | Rp171.87 Million | +2.64% |
| 2020-12-31 | Rp167.45 Million | -19.43% |
| 2019-12-31 | Rp207.82 Million | -14.75% |
| 2018-12-31 | Rp243.78 Million | +1.75% |
| 2017-12-31 | Rp239.59 Million | -2.39% |
| 2016-12-31 | Rp245.46 Million | -8.33% |
| 2015-12-31 | Rp267.77 Million | -9.20% |
| 2014-12-31 | Rp294.91 Million | -7.67% |
| 2013-12-31 | Rp319.42 Million | -0.19% |
| 2012-12-31 | Rp320.03 Million | +12.70% |
| 2011-12-31 | Rp283.97 Million | +107.20% |
| 2010-12-31 | Rp137.05 Million | +18.47% |
| 2009-12-31 | Rp115.68 Million | +26.33% |
| 2008-12-31 | Rp91.57 Million | -34.84% |
| 2007-12-31 | Rp140.54 Million | -99.99% |
| 2006-12-31 | Rp1.25 Trillion | -16.93% |
| 2005-12-31 | Rp1.51 Trillion | +2.61% |
| 2004-12-31 | Rp1.47 Trillion | +505.99% |
| 2003-12-31 | Rp-361.94 Billion | +68.83% |
| 2002-12-31 | Rp-1.16 Trillion | +64.39% |
| 2001-12-31 | Rp-3.26 Trillion | -112.92% |
| 2000-12-31 | Rp-1.53 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Polychem Indonesia 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 15397444100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp216.28 Million | 186.28% |
| Other Comprehensive Income | Rp-4.64 Million | -4.00% |
| Other Components | Rp58.44 Million | 50.33% |
| Total Equity | Rp116.11 Million | 100.00% |
Polychem Indonesia Tbk Competitors by Market Cap
The table below lists competitors of Polychem Indonesia Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SpectraCure AB
ST:SPEC
|
$3.21 Million |
|
Witbe Net SA
PA:ALWIT
|
$3.21 Million |
|
Caely Holdings Bhd
KLSE:7154
|
$3.21 Million |
|
Suparma Tbk
JK:SPMA
|
$3.21 Million |
|
Top Gum Industries Ltd
TA:TPGM
|
$3.21 Million |
|
Tuktu Resources Ltd.
V:TUK
|
$3.21 Million |
|
Clientele
JSE:CLI
|
$3.20 Million |
|
CORNERSTONE FS LS -01
F:90W
|
$3.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polychem Indonesia Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 126,010,937 to 116,106,301, a change of -9,904,636 (-7.9%).
- Net loss of 10,191,062 reduced equity.
- Other comprehensive income increased equity by 286,427.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-10.19 Million | -8.78% |
| Other Comprehensive Income | Rp286.43K | +0.25% |
| Other Changes | Rp-1.00 | -0.0% |
| Total Change | Rp- | -7.86% |
Book Value vs Market Value Analysis
This analysis compares Polychem Indonesia 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: 6632.35x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5482.87x to 6632.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp0.04 | Rp198.00 | x |
| 2008-12-31 | Rp0.02 | Rp198.00 | x |
| 2009-12-31 | Rp0.03 | Rp198.00 | x |
| 2010-12-31 | Rp0.04 | Rp198.00 | x |
| 2011-12-31 | Rp0.07 | Rp198.00 | x |
| 2012-12-31 | Rp0.08 | Rp198.00 | x |
| 2013-12-31 | Rp0.08 | Rp198.00 | x |
| 2014-12-31 | Rp0.08 | Rp198.00 | x |
| 2015-12-31 | Rp0.07 | Rp198.00 | x |
| 2016-12-31 | Rp0.06 | Rp198.00 | x |
| 2017-12-31 | Rp0.06 | Rp198.00 | x |
| 2018-12-31 | Rp0.06 | Rp198.00 | x |
| 2019-12-31 | Rp0.05 | Rp198.00 | x |
| 2020-12-31 | Rp0.04 | Rp198.00 | x |
| 2021-12-31 | Rp0.04 | Rp198.00 | x |
| 2022-12-31 | Rp0.04 | Rp198.00 | x |
| 2023-12-31 | Rp0.03 | Rp198.00 | x |
| 2024-12-31 | Rp0.03 | Rp198.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polychem Indonesia 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): -8.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.29%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.34x
- Recent ROE (-8.78%) is below the historical average (-5.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.78% | 1.06% | 0.89x | 2.94x | Rp-108.71 Billion |
| 2007 | 4.40% | 1.50% | 0.93x | 3.15x | Rp-7.87 Million |
| 2008 | -26.05% | -6.58% | 1.04x | 3.81x | Rp-32.99 Million |
| 2009 | 4.94% | 1.71% | 0.84x | 3.41x | Rp-5.85 Million |
| 2010 | 3.01% | 1.04% | 0.96x | 3.01x | Rp-9.58 Million |
| 2011 | 11.21% | 5.94% | 0.93x | 2.04x | Rp3.45 Million |
| 2012 | 2.70% | 1.77% | 0.81x | 1.87x | Rp-23.42 Million |
| 2013 | 0.33% | 0.21% | 0.90x | 1.76x | Rp-30.87 Million |
| 2014 | -8.17% | -5.37% | 0.96x | 1.58x | Rp-53.64 Million |
| 2015 | -9.01% | -7.77% | 0.74x | 1.57x | Rp-50.96 Million |
| 2016 | -8.51% | -7.47% | 0.74x | 1.55x | Rp-45.45 Million |
| 2017 | -3.39% | -2.29% | 0.95x | 1.56x | Rp-32.15 Million |
| 2018 | -0.52% | -0.35% | 1.27x | 1.15x | Rp-25.63 Million |
| 2019 | -14.24% | -12.68% | 0.91x | 1.23x | Rp-50.37 Million |
| 2020 | -23.10% | -25.33% | 0.74x | 1.23x | Rp-55.42 Million |
| 2021 | 0.20% | 0.18% | 0.93x | 1.19x | Rp-16.79 Million |
| 2022 | -18.41% | -18.73% | 0.83x | 1.18x | Rp-41.27 Million |
| 2023 | -15.17% | -18.24% | 0.66x | 1.26x | Rp-31.72 Million |
| 2024 | -8.78% | -9.29% | 0.71x | 1.34x | Rp-21.80 Million |
Industry Comparison
This section compares Polychem Indonesia Tbk's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $354,921,139,072
- Average return on equity (ROE) among peers: 0.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Polychem Indonesia Tbk (ADMG) | Rp117.20 Million | 2.78% | 0.38x | $3.21 Million |
| Aneka Gas Industri Tbk PT (AGII) | $1.71 Trillion | 2.46% | 1.89x | $47.02 Million |
| Bintang Mitra Semestaraya Tbk (BMSR) | $330.01 Billion | -8.46% | 1.15x | $9.21 Million |
| Barito Pacific Tbk (BRPT) | $4.27 Billion | 6.94% | 1.17x | $2.21 Billion |
| Surya Esa Perkasa Tbk (ESSA) | $311.78 Million | -10.77% | 1.54x | $432.22 Million |
| Eterindo Wahanatama Tbk (ETWA) | $-268.17 Billion | 0.00% | 0.00x | $2.09 Million |
| Haloni Jane (HALO) | $-210.88 Billion | 0.00% | 0.00x | $1.50 Million |
| Madusari Murni Indah Tbk PT (MOLI) | $1.35 Trillion | 0.96% | 0.43x | $3.11 Million |
| Surya Biru Murni Acetylene Tbk PT (SBMA) | $76.76 Billion | 6.02% | 0.66x | $1.84 Million |
| Indo Acidatama Tbk (SRSN) | $193.04 Billion | 3.52% | 1.04x | $4.25 Million |