Alakasa Industrindo Tbk (ALKA) - Net Assets

Latest as of September 2025: Rp214.94 Billion IDR ≈ $12.59 Million USD

Based on the latest financial reports, Alakasa Industrindo Tbk (ALKA) has net assets worth Rp214.94 Billion IDR (≈ $12.59 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp227.79 Billion ≈ $13.35 Million USD) and total liabilities (Rp12.86 Billion ≈ $753.29K USD). 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. Check Alakasa Industrindo Tbk liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp214.94 Billion
% of Total Assets	94.36%
Annual Growth Rate	N/A
5-Year Change	101.43%
10-Year Change	241.62%
Growth Volatility	39.26

Alakasa Industrindo Tbk - Net Assets Trend (2000–2024)

This chart illustrates how Alakasa Industrindo Tbk's net assets have evolved over time, based on quarterly financial data. Also explore Alakasa Industrindo Tbk (ALKA) total assets for the complete picture of this company's asset base.

Annual Net Assets for Alakasa Industrindo Tbk (2000–2024)

The table below shows the annual net assets of Alakasa Industrindo Tbk from 2000 to 2024. For live valuation and market cap data, see ALKA stock market capitalisation.

Year	Net Assets	Change
2024-12-31	Rp211.91 Billion ≈ $12.42 Million	+1.71%
2023-12-31	Rp208.36 Billion ≈ $12.21 Million	+13.38%
2022-12-31	Rp183.77 Billion ≈ $10.77 Million	+42.65%
2021-12-31	Rp128.82 Billion ≈ $7.55 Million	+22.45%
2020-12-31	Rp105.20 Billion ≈ $6.16 Million	+0.39%
2019-12-31	Rp104.79 Billion ≈ $6.14 Million	+4.03%
2018-12-31	Rp100.73 Billion ≈ $5.90 Million	+28.34%
2017-12-31	Rp78.49 Billion ≈ $4.60 Million	+28.45%
2016-12-31	Rp61.10 Billion ≈ $3.58 Million	-1.50%
2015-12-31	Rp62.03 Billion ≈ $3.63 Million	+0.08%
2014-12-31	Rp61.98 Billion ≈ $3.63 Million	-9.82%
2013-12-31	Rp68.73 Billion ≈ $4.03 Million	+25.36%
2012-12-31	Rp54.83 Billion ≈ $3.21 Million	+12.90%
2011-12-31	Rp48.56 Billion ≈ $2.85 Million	+24.49%
2010-12-31	Rp39.01 Billion ≈ $2.29 Million	+11.68%
2009-12-31	Rp34.93 Billion ≈ $2.05 Million	+16.33%
2008-12-31	Rp30.03 Billion ≈ $1.76 Million	+29.36%
2007-12-31	Rp23.21 Billion ≈ $1.36 Million	+50.11%
2006-12-31	Rp15.46 Billion ≈ $906.09K	+99.87%
2005-12-31	Rp7.74 Billion ≈ $453.34K	+165.00%
2004-12-31	Rp2.92 Billion ≈ $171.07K	+70.77%
2003-12-31	Rp1.71 Billion ≈ $100.18K	+272.96%
2002-12-31	Rp-988.43 Million ≈ $-57.92K	+99.38%
2001-12-31	Rp-160.38 Billion ≈ $-9.40 Million	-52.15%
2000-12-31	Rp-105.40 Billion ≈ $-6.18 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Alakasa Industrindo 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 13358366200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Rp133.58 Billion	62.90%
Common Stock	Rp73.50 Billion	34.61%
Other Comprehensive Income	Rp5.10 Billion	2.40%
Other Components	Rp200.00 Million	0.09%
Total Equity	Rp212.39 Billion	100.00%

Alakasa Industrindo Tbk Competitors by Market Cap

The table below lists competitors of Alakasa Industrindo Tbk ranked by their market capitalization.

Company	Market Cap
PZ Cussons PLC LSE:PZC	$3.93 Million
Sherpa II Holdings Corp V:SHRP	$3.93 Million
Jet.AI Inc. NASDAQ:JTAI	$3.93 Million
Inix Technologies Holdings Bhd KLSE:0094	$3.94 Million
GENETIC ANALYSIS NK -60 F:8V8	$3.92 Million
Vnsteel Vicasa JSC VN:VCA	$3.92 Million
McChip Resources Inc V:MCS	$3.92 Million
Copper Lake Resources Ltd V:CPL	$3.92 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alakasa Industrindo Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 208,788,901,000 to 212,389,032,000, a change of 3,600,131,000 (1.7%).
Net loss of 4,331,740,000 reduced equity.
Other comprehensive income increased equity by 2,042,356,000.
Other factors increased equity by 5,889,515,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Rp-4.33 Billion	-2.04%
Other Comprehensive Income	Rp2.04 Billion	+0.96%
Other Changes	Rp5.89 Billion	+2.77%
Total Change	Rp-	1.72%

Book Value vs Market Value Analysis

This analysis compares Alakasa Industrindo 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: 1.49x
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 5.79x to 1.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	Rp108.00	Rp625.00	x
2013-12-31	Rp117.30	Rp625.00	x
2014-12-31	Rp121.88	Rp625.00	x
2015-12-31	Rp121.97	Rp625.00	x
2016-12-31	Rp133.49	Rp625.00	x
2017-12-31	Rp145.79	Rp625.00	x
2018-12-31	Rp189.61	Rp625.00	x
2019-12-31	Rp196.33	Rp625.00	x
2020-12-31	Rp199.55	Rp625.00	x
2021-12-31	Rp246.88	Rp625.00	x
2022-12-31	Rp347.05	Rp625.00	x
2023-12-31	Rp411.27	Rp625.00	x
2024-12-31	Rp418.36	Rp625.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alakasa Industrindo 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): -2.04%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -5.49%
• Asset Turnover: 0.35x
• Equity Multiplier: 1.06x
Recent ROE (-2.04%) is below the historical average (22.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	162.45%	0.82%	4.98x	39.57x	Rp2.61 Billion
2004	33.06%	0.16%	7.17x	28.72x	Rp673.14 Million
2005	57.64%	0.60%	15.89x	6.01x	Rp3.69 Billion
2006	53.79%	0.49%	12.18x	9.03x	Rp6.77 Billion
2007	0.03%	0.00%	9.34x	6.50x	Rp-2.31 Billion
2008	0.02%	0.00%	8.12x	5.28x	Rp-3.00 Billion
2009	20.95%	0.96%	5.65x	3.86x	Rp3.83 Billion
2010	10.65%	0.49%	5.31x	4.08x	Rp255.11 Million
2011	20.53%	1.14%	3.38x	5.32x	Rp5.11 Billion
2012	9.34%	0.61%	5.66x	2.70x	Rp-359.69 Million
2013	-0.53%	-0.03%	4.55x	4.06x	Rp-6.27 Billion
2014	4.77%	0.24%	5.02x	3.96x	Rp-3.24 Billion
2015	-1.91%	-0.16%	5.18x	2.34x	Rp-7.37 Billion
2016	0.85%	0.04%	8.43x	2.24x	Rp-5.58 Billion
2017	20.84%	0.80%	6.33x	4.12x	Rp8.02 Billion
2018	23.84%	0.64%	5.54x	6.74x	Rp13.32 Billion
2019	7.21%	0.32%	3.67x	6.07x	Rp-2.78 Billion
2020	7.14%	0.35%	4.88x	4.13x	Rp-2.90 Billion
2021	15.01%	0.54%	6.95x	3.98x	Rp6.28 Billion
2022	27.25%	1.16%	6.47x	3.63x	Rp30.39 Billion
2023	20.10%	2.22%	5.57x	1.63x	Rp21.09 Billion
2024	-2.04%	-5.49%	0.35x	1.06x	Rp-25.57 Billion

Industry Comparison

This section compares Alakasa Industrindo Tbk's net assets metrics with peer companies in the Aluminum industry.

Industry Context

Industry: Aluminum
Average net assets among peers: $422,949,811,836
Average return on equity (ROE) among peers: 8.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Alakasa Industrindo Tbk (ALKA)	Rp214.94 Billion	162.45%	0.06x	$3.93 Million
Alumindo Light Metal Industry (ALMI)	$587.88 Billion	2.37%	2.20x	$16.55 Million
Indal Aluminium Industry Tbk (INAI)	$258.02 Billion	13.78%	4.19x	$6.91 Million

About Alakasa Industrindo Tbk

JK:ALKA Indonesia Aluminum

Market Cap

$3.93 Million

Rp67.03 Billion IDR

Market Cap Rank

#28801 Global

#728 in Indonesia

Share Price

Rp625.00

Change (1 day)

-0.79%

52-Week Range

Rp290.00 - Rp1090.00

All Time High

Rp1090.00