Argo Pantes Tbk
PT Argo Pantes Tbk provides integrated logistics solutions and textile products in Indonesia. It operates in two segments, Textile industry and Rent. The company's warehouse facilities provide leasable spaces, such as land, parking lots, office spaces, and other facilities. It also offers yarns and fabrics. PT Argo Pantes Tbk was incorporated in 1977 and is headquartered in Jakarta Pusat, Indones… Read more
Argo Pantes Tbk (ARGO) - Net Assets
Latest net assets as of September 2025: Rp120.32 Billion IDR
Based on the latest financial reports, Argo Pantes Tbk (ARGO) has net assets worth Rp120.32 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.15 Trillion) and total liabilities (Rp1.02 Trillion). 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 | Rp120.32 Billion |
| % of Total Assets | 10.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5826.34 |
Argo Pantes Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Argo Pantes 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 Argo Pantes Tbk (2000–2024)
The table below shows the annual net assets of Argo Pantes Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp121.88 Billion | -6.65% |
| 2023-12-31 | Rp130.56 Billion | +109.44% |
| 2022-12-31 | Rp-1.38 Trillion | -3.81% |
| 2021-12-31 | Rp-1.33 Trillion | -1.89% |
| 2020-12-31 | Rp-1.31 Trillion | -8.29% |
| 2019-12-31 | Rp-1.21 Trillion | -3.47% |
| 2018-12-31 | Rp-1.17 Trillion | -19.56% |
| 2017-12-31 | Rp-975.66 Billion | -26.51% |
| 2016-12-31 | Rp-771.19 Billion | -2436801.77% |
| 2015-12-31 | Rp-31.65 Million | -45.82% |
| 2014-12-31 | Rp-21.70 Million | -100.01% |
| 2013-12-31 | Rp326.92 Billion | +47.62% |
| 2012-12-31 | Rp221.47 Billion | +114.14% |
| 2011-12-31 | Rp103.42 Billion | -51.19% |
| 2010-12-31 | Rp211.90 Billion | +477.04% |
| 2009-12-31 | Rp36.72 Billion | -67.35% |
| 2008-12-31 | Rp112.47 Billion | -62.63% |
| 2007-12-31 | Rp300.97 Billion | +313.18% |
| 2006-12-31 | Rp-141.18 Billion | +34.48% |
| 2005-12-31 | Rp-215.47 Billion | +3.77% |
| 2004-12-31 | Rp-223.91 Billion | -18487.88% |
| 2003-12-31 | Rp1.22 Billion | +109.88% |
| 2002-12-31 | Rp-12.32 Billion | +96.81% |
| 2000-12-31 | Rp-386.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Argo Pantes 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 236700076100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp1.59 Trillion | 1302.22% |
| Other Components | Rp901.71 Billion | 739.83% |
| Total Equity | Rp121.88 Billion | 100.00% |
Argo Pantes Tbk Competitors by Market Cap
The table below lists competitors of Argo Pantes Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NFON AG
XETRA:NFN
|
$19.40 Million |
|
Aditya Birla Money Limited
NSE:BIRLAMONEY
|
$19.40 Million |
|
Next Entertainment World Co. Ltd
KQ:160550
|
$19.40 Million |
|
Kleannara
KO:004540
|
$19.40 Million |
|
Waterco Ltd
AU:WAT
|
$19.39 Million |
|
Proximar Seafood AS
OL:PROXI
|
$19.38 Million |
|
Western Energy Services Corp
PINK:WEEEF
|
$19.38 Million |
|
Ezfly International Travel Agent Co. Ltd.
TWO:2734
|
$19.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Argo Pantes Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 130,559,927,000 to 121,881,846,000, a change of -8,678,081,000 (-6.6%).
- Net loss of 8,132,124,000 reduced equity.
- Other comprehensive income increased equity by 116,421,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-8.13 Billion | -6.67% |
| Other Comprehensive Income | Rp116.42 Million | +0.1% |
| Other Changes | Rp-662.38 Million | -0.54% |
| Total Change | Rp- | -6.65% |
Book Value vs Market Value Analysis
This analysis compares Argo Pantes 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: 2.40x
- 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 8.42x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Rp103.28 | Rp870.00 | x |
| 2010-12-31 | Rp631.50 | Rp870.00 | x |
| 2011-12-31 | Rp308.21 | Rp870.00 | x |
| 2012-12-31 | Rp659.99 | Rp870.00 | x |
| 2013-12-31 | Rp974.25 | Rp870.00 | x |
| 2014-12-31 | Rp-0.06 | Rp870.00 | x |
| 2015-12-31 | Rp-0.09 | Rp870.00 | x |
| 2016-12-31 | Rp-2298.25 | Rp870.00 | x |
| 2017-12-31 | Rp-2907.57 | Rp870.00 | x |
| 2018-12-31 | Rp-3476.16 | Rp870.00 | x |
| 2019-12-31 | Rp-3596.71 | Rp870.00 | x |
| 2020-12-31 | Rp-3873.59 | Rp870.00 | x |
| 2021-12-31 | Rp-3968.38 | Rp870.00 | x |
| 2022-12-31 | Rp-4119.59 | Rp870.00 | x |
| 2023-12-31 | Rp411.30 | Rp870.00 | x |
| 2024-12-31 | Rp363.22 | Rp870.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Argo Pantes 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): -6.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.90%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 9.19x
- Recent ROE (-6.67%) is below the historical average (40.59%), 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 | 1122.46% | 1.33% | 0.48x | 1745.89x | Rp13.55 Billion |
| 2009 | -206.26% | -10.03% | 0.52x | 39.79x | Rp-79.42 Billion |
| 2010 | -59.00% | -18.82% | 0.47x | 6.74x | Rp-146.21 Billion |
| 2011 | -104.89% | -12.79% | 0.58x | 14.05x | Rp-118.82 Billion |
| 2012 | -53.72% | -11.88% | 0.55x | 8.17x | Rp-141.12 Billion |
| 2013 | 25.01% | 6.16% | 0.57x | 7.17x | Rp49.06 Billion |
| 2014 | 0.00% | -28.94% | 8939.99x | 0.00x | Rp-377.29 Billion |
| 2015 | 0.00% | -24.11% | 4819.86x | 0.00x | Rp-151.35 Billion |
| 2016 | 0.00% | -52.84% | 0.42x | 0.00x | Rp-270.88 Billion |
| 2017 | 0.00% | -44.63% | 0.34x | 0.00x | Rp-103.13 Billion |
| 2018 | 0.00% | -26.40% | 0.35x | 0.00x | Rp-2.61 Billion |
| 2019 | 0.00% | -39.75% | 0.22x | 0.00x | Rp19.31 Billion |
| 2020 | 0.00% | -128.00% | 0.05x | 0.00x | Rp57.39 Billion |
| 2021 | 0.00% | -45.66% | 0.06x | 0.00x | Rp101.09 Billion |
| 2022 | 0.00% | -128.94% | 0.07x | 0.00x | Rp40.91 Billion |
| 2023 | -26.92% | -34.07% | 0.09x | 8.36x | Rp-48.20 Billion |
| 2024 | -6.67% | -7.90% | 0.09x | 9.19x | Rp-20.32 Billion |
Industry Comparison
This section compares Argo Pantes Tbk's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $62,932,851,249
- Average return on equity (ROE) among peers: -40.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Argo Pantes Tbk (ARGO) | Rp120.32 Billion | 1122.46% | 8.52x | $19.40 Million |
| Trisula Textile Industries Tbk PT (BELL) | $261.43 Billion | 1.02% | 1.01x | $1.37 Million |
| PT Century Textile Industry Tbk (CNTX) | $-221.67 Billion | 0.00% | 0.00x | $82.59 |
| Ever Shine Textile Industry (ESTI) | $352.42 Billion | -10.07% | 1.20x | $1.34 Million |
| Indorama Synthetics Tbk (INDR) | $293.70 Million | 0.33% | 1.34x | $8.66 Million |
| Cottonindo Ariesta Tbk PT (KPAS) | $136.32 Million | 0.59% | 0.69x | $1.02 Million |
| Multi Spunindo Jaya Tbk. (MSJA) | $87.55 Million | 6.29% | 0.28x | $15.14 Million |
| Asia Pacific Investama Tbk PT (MYTX) | $33.69 Billion | -340.79% | 114.29x | $307.09K |
| Sejahtera Bintang Abadi Textile Tbk (SBAT) | $139.81 Billion | -31.61% | 2.73x | $150.52K |
| Sri Rejeki Isman(Sritex)PT (SRIL) | $189.98 Million | 13.35% | 1.41x | $73.16 Million |