Global Digital Niaga
PT Global Digital Niaga Tbk operates an omnichannel commerce platform and lifestyle ecosystem in Indonesia. It operates through 1P Retail, 3P Retail, Institution, and Physical Store segments. The1P Retail segment is involved in purchasing products wholesale from various suppliers, including consumer electronics, home appliances, fashion and beauty, daily consumer goods, and other general merchand… Read more
Global Digital Niaga (BELI) - Net Assets
Latest net assets as of September 2025: Rp9.12 Trillion IDR
Based on the latest financial reports, Global Digital Niaga (BELI) has net assets worth Rp9.12 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 (Rp17.53 Trillion) and total liabilities (Rp8.41 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 | Rp9.12 Trillion |
| % of Total Assets | 52.03% |
| Annual Growth Rate | 22.77% |
| 5-Year Change | 280.57% |
| 10-Year Change | N/A |
| Growth Volatility | 120.25 |
Global Digital Niaga - Net Assets Trend (2019–2024)
This chart illustrates how Global Digital Niaga's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Digital Niaga (2019–2024)
The table below shows the annual net assets of Global Digital Niaga from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp9.81 Trillion | +25.16% |
| 2023-12-31 | Rp7.84 Trillion | -25.19% |
| 2022-12-31 | Rp10.48 Trillion | +3.93% |
| 2021-12-31 | Rp10.09 Trillion | +291.04% |
| 2020-12-31 | Rp2.58 Trillion | -26.68% |
| 2019-12-31 | Rp3.52 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Digital Niaga'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 1742475300000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp32.75 Trillion | 341.28% |
| Other Comprehensive Income | Rp-312.92 Billion | -3.26% |
| Other Components | Rp3.18 Trillion | 33.19% |
| Total Equity | Rp9.60 Trillion | 100.00% |
Global Digital Niaga Competitors by Market Cap
The table below lists competitors of Global Digital Niaga ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pantoro Gold Ltd
AU:PNR
|
$781.76 Million |
|
Jilin OLED Material Tech Co Ltd
SHG:688378
|
$782.07 Million |
|
Dynavox Group
ST:DYVOX
|
$782.34 Million |
|
Guangdong Guanghua Sci-Tech Co Ltd
SHE:002741
|
$782.78 Million |
|
Srisawad Power 1979 PCL
BK:SAWAD
|
$781.55 Million |
|
Elite Semiconductor Memory Technology Inc
TW:3006
|
$781.48 Million |
|
Ennoconn Corp
TW:6414
|
$781.30 Million |
|
Shandong Bohui Paper Industry Co Ltd
SHG:600966
|
$781.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Digital Niaga's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,620,895,000,000 to 9,596,228,000,000, a change of 1,975,333,000,000 (25.9%).
- Net loss of 2,531,379,000,000 reduced equity.
- Share repurchases of 4,539,716,000,000 reduced equity.
- New share issuances of 4,539,716,000,000 increased equity.
- Other comprehensive income decreased equity by 312,920,000,000.
- Other factors increased equity by 4,819,632,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-2.53 Trillion | -26.38% |
| Share Repurchases | Rp4.54 Trillion | -47.31% |
| Share Issuances | Rp4.54 Trillion | +47.31% |
| Other Comprehensive Income | Rp-312.92 Billion | -3.26% |
| Other Changes | Rp4.82 Trillion | +50.22% |
| Total Change | Rp- | 25.92% |
Book Value vs Market Value Analysis
This analysis compares Global Digital Niaga'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: 5.62x
- 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 decreased from 14.80x to 5.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp29.32 | Rp434.00 | x |
| 2020-12-31 | Rp21.63 | Rp434.00 | x |
| 2021-12-31 | Rp82.31 | Rp434.00 | x |
| 2022-12-31 | Rp98.24 | Rp434.00 | x |
| 2023-12-31 | Rp64.21 | Rp434.00 | x |
| 2024-12-31 | Rp77.22 | Rp434.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Digital Niaga 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): -26.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.14%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.68x
- Recent ROE (-26.38%) is above the historical average (-57.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -86.07% | -71.51% | 0.51x | 2.37x | Rp-3.34 Trillion |
| 2020 | -94.18% | -56.13% | 0.48x | 3.50x | Rp-2.67 Trillion |
| 2021 | -34.19% | -37.64% | 0.48x | 1.89x | Rp-4.31 Trillion |
| 2022 | -54.04% | -36.04% | 1.08x | 1.38x | Rp-6.52 Trillion |
| 2023 | -47.79% | -24.74% | 1.15x | 1.68x | Rp-4.40 Trillion |
| 2024 | -26.38% | -15.14% | 1.03x | 1.68x | Rp-3.49 Trillion |
Industry Comparison
This section compares Global Digital Niaga's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $95,428,758,480
- Average return on equity (ROE) among peers: -17.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Digital Niaga (BELI) | Rp9.12 Trillion | -86.07% | 0.92x | $781.55 Million |
| PT Multi Garam Utama Tbk (FOLK) | $95.43 Billion | -17.46% | 0.00x | $17.81 Million |