Alkindo Naratama Tbk
PT Alkindo Naratama Tbk, together with its subsidiaries, manufactures and sells conversion paper products in Indonesia. The company operates through Paper Converting, Chemical and Services, Polymer, and Paper segments. It offers honeycomb paper, paper cores, paper tubes, edge protectors, paper boxes, and paper bags, as well as logistic services. The company was founded in 1989 and is based in Ban… Read more
Alkindo Naratama Tbk (ALDO) - Net Assets
Latest net assets as of September 2025: Rp1.05 Trillion IDR
Based on the latest financial reports, Alkindo Naratama Tbk (ALDO) has net assets worth Rp1.05 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.04 Trillion) and total liabilities (Rp990.37 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 | Rp1.05 Trillion |
| % of Total Assets | 51.35% |
| Annual Growth Rate | 24.0% |
| 5-Year Change | 73.99% |
| 10-Year Change | 500.7% |
| Growth Volatility | 26.75 |
Alkindo Naratama Tbk - Net Assets Trend (2010–2024)
This chart illustrates how Alkindo Naratama 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 Alkindo Naratama Tbk (2010–2024)
The table below shows the annual net assets of Alkindo Naratama Tbk from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.03 Trillion | +26.77% |
| 2023-12-31 | Rp809.94 Billion | +5.85% |
| 2022-12-31 | Rp765.17 Billion | +8.78% |
| 2021-12-31 | Rp703.40 Billion | +19.20% |
| 2020-12-31 | Rp590.12 Billion | +10.63% |
| 2019-12-31 | Rp533.41 Billion | +96.40% |
| 2018-12-31 | Rp271.59 Billion | +18.38% |
| 2017-12-31 | Rp229.42 Billion | +14.20% |
| 2016-12-31 | Rp200.89 Billion | +17.53% |
| 2015-12-31 | Rp170.93 Billion | +7.22% |
| 2014-12-31 | Rp159.42 Billion | +13.97% |
| 2013-12-31 | Rp139.88 Billion | +48.33% |
| 2012-12-31 | Rp94.31 Billion | +6.47% |
| 2011-12-31 | Rp88.58 Billion | +75.29% |
| 2010-12-31 | Rp50.53 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alkindo Naratama 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 2202.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp328.73 Billion | 32.24% |
| Common Stock | Rp135.04 Billion | 13.24% |
| Other Comprehensive Income | Rp228.68 Billion | 22.43% |
| Other Components | Rp327.13 Billion | 32.08% |
| Total Equity | Rp1.02 Trillion | 100.00% |
Alkindo Naratama Tbk Competitors by Market Cap
The table below lists competitors of Alkindo Naratama Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
King Stone Energy Group Limited
PINK:YNSKF
|
$23.13 Million |
|
Arihant Capital Markets Limited
NSE:ARIHANTCAP
|
$23.13 Million |
|
Embrace Change Acquisition Corp.
NASDAQ:EMCGU
|
$23.13 Million |
|
Wilton Resources Inc
PINK:WLTNF
|
$23.15 Million |
|
Robo.ai Inc.
NASDAQ:AIIO
|
$23.12 Million |
|
Provectus Biopharmaceuticals Inc
OTCQB:PVCT
|
$23.12 Million |
|
Cowealth Medical Holding Co Ltd
TWO:4745
|
$23.11 Million |
|
Vivid Seats Inc
NASDAQ:SEAT
|
$23.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alkindo Naratama Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 803,523,306,242 to 1,019,581,997,000, a change of 216,058,690,758 (26.9%).
- Net loss of 8,642,230,000 reduced equity.
- Dividend payments of 1,350,357,000 reduced retained earnings.
- Other comprehensive income increased equity by 225,890,920,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-8.64 Billion | -0.85% |
| Dividends Paid | Rp1.35 Billion | -0.13% |
| Other Comprehensive Income | Rp225.89 Billion | +22.16% |
| Other Changes | Rp160.36 Million | +0.02% |
| Total Change | Rp- | 26.89% |
Book Value vs Market Value Analysis
This analysis compares Alkindo Naratama 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: 1.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.10x to 1.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Rp107.86 | Rp550.00 | x |
| 2012-12-31 | Rp92.31 | Rp550.00 | x |
| 2013-12-31 | Rp111.95 | Rp550.00 | x |
| 2014-12-31 | Rp122.33 | Rp550.00 | x |
| 2015-12-31 | Rp131.09 | Rp550.00 | x |
| 2016-12-31 | Rp149.02 | Rp550.00 | x |
| 2017-12-31 | Rp162.32 | Rp550.00 | x |
| 2018-12-31 | Rp187.34 | Rp550.00 | x |
| 2019-12-31 | Rp394.12 | Rp550.00 | x |
| 2020-12-31 | Rp403.73 | Rp550.00 | x |
| 2021-12-31 | Rp633.55 | Rp550.00 | x |
| 2022-12-31 | Rp576.34 | Rp550.00 | x |
| 2023-12-31 | Rp302.90 | Rp550.00 | x |
| 2024-12-31 | Rp377.52 | Rp550.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alkindo Naratama 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): -0.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.47%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.01x
- Recent ROE (-0.85%) is below the historical average (10.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 7.48% | 2.49% | 1.33x | 2.27x | Rp-2.05 Billion |
| 2012 | 10.57% | 3.30% | 1.51x | 2.12x | Rp496.34 Million |
| 2013 | 12.83% | 3.40% | 1.32x | 2.85x | Rp3.00 Billion |
| 2014 | 9.50% | 2.22% | 1.38x | 3.08x | Rp-579.47 Million |
| 2015 | 11.09% | 2.55% | 1.47x | 2.95x | Rp1.35 Billion |
| 2016 | 10.12% | 2.14% | 1.62x | 2.91x | Rp164.75 Million |
| 2017 | 8.58% | 1.86% | 1.42x | 3.25x | Rp-2.18 Billion |
| 2018 | 13.69% | 3.07% | 1.50x | 2.97x | Rp6.53 Billion |
| 2019 | 21.81% | 8.27% | 1.19x | 2.22x | Rp49.12 Billion |
| 2020 | 22.34% | 9.28% | 1.16x | 2.08x | Rp56.68 Billion |
| 2021 | 10.87% | 5.21% | 1.20x | 1.74x | Rp6.09 Billion |
| 2022 | 8.60% | 4.66% | 0.89x | 2.07x | Rp-10.59 Billion |
| 2023 | 0.34% | 0.16% | 0.94x | 2.18x | Rp-77.63 Billion |
| 2024 | -0.85% | -0.47% | 0.91x | 2.01x | Rp-110.60 Billion |
Industry Comparison
This section compares Alkindo Naratama Tbk's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $718,033,148,108
- Average return on equity (ROE) among peers: 5.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alkindo Naratama Tbk (ALDO) | Rp1.05 Trillion | 7.48% | 0.95x | $23.12 Million |
| Indah Kiat Pulp & Paper Tbk (INKP) | $2.82 Billion | 7.19% | 1.44x | $1.35 Billion |
| Toba Pulp Lestari Tbk (INRU) | $2.16 Trillion | 2.52% | 2.02x | $3.76 Million |
| Inter-Delta Tbk (INTD) | $47.12 Billion | 3.57% | 0.06x | $1.05 Million |
| Suparma Tbk (SPMA) | $1.38 Trillion | 9.51% | 0.72x | $3.21 Million |
| Pabrik Kertas Tjiwi Kimia Tbk (TKIM) | $798.26 Million | 3.38% | 2.26x | $584.28 Million |