Indo Kordsa Tbk (BRAM) - Net Assets

Latest as of March 2026: Rp227.40 Million IDR ≈ $13.32K USD

Based on the latest financial reports, Indo Kordsa Tbk (BRAM) has net assets worth Rp227.40 Million IDR (≈ $13.32K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp281.13 Million ≈ $16.47K USD) and total liabilities (Rp53.73 Million ≈ $3.15K 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 Indo Kordsa Tbk liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rp227.40 Million
% of Total Assets 80.89%
Annual Growth Rate -26.32%
5-Year Change 6.43%
10-Year Change 12.93%
Growth Volatility 22.45

Indo Kordsa Tbk - Net Assets Trend (2000–2025)

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

Annual Net Assets for Indo Kordsa Tbk (2000–2025)

The table below shows the annual net assets of Indo Kordsa Tbk from 2000 to 2025. For live valuation and market cap data, see market cap of Indo Kordsa Tbk.

Year Net Assets Change
2025-12-31 Rp223.31 Million
≈ $13.09K		 -1.20%
2024-12-31 Rp226.02 Million
≈ $13.24K		 0.00%
2023-12-31 Rp226.02 Million
≈ $13.24K		 +1.59%
2022-12-31 Rp222.48 Million
≈ $13.04K		 +6.03%
2021-12-31 Rp209.83 Million
≈ $12.30K		 +0.63%
2020-12-31 Rp208.52 Million
≈ $12.22K		 -5.50%
2019-12-31 Rp220.66 Million
≈ $12.93K		 +0.14%
2018-12-31 Rp220.36 Million
≈ $12.91K		 +1.52%
2017-12-31 Rp217.07 Million
≈ $12.72K		 +9.77%
2016-12-31 Rp197.74 Million
≈ $11.59K		 +8.10%
2015-12-31 Rp182.93 Million
≈ $10.72K		 +2.40%
2014-12-31 Rp178.65 Million
≈ $10.47K		 +9.70%
2013-12-31 Rp162.86 Million
≈ $9.54K		 -3.99%
2012-12-31 Rp169.62 Million
≈ $9.94K		 +27.85%
2011-12-31 Rp132.67 Million
≈ $7.77K		 +0.04%
2010-12-31 Rp132.61 Million
≈ $7.77K		 +11.13%
2009-12-31 Rp119.34 Million
≈ $6.99K		 -99.99%
2008-12-31 Rp1.19 Trillion
≈ $69.88 Million		 +9.16%
2007-12-31 Rp1.09 Trillion
≈ $64.02 Million		 +6.93%
2006-12-31 Rp1.02 Trillion
≈ $59.87 Million		 +2.46%
2005-12-31 Rp997.18 Billion
≈ $58.43 Million		 +14.46%
2004-12-31 Rp871.19 Billion
≈ $51.05 Million		 +13.88%
2003-12-31 Rp764.98 Billion
≈ $44.82 Million		 +16.28%
2002-12-31 Rp657.90 Billion
≈ $38.55 Million		 +19.10%
2001-12-31 Rp552.38 Billion
≈ $32.37 Million		 +19.30%
2000-12-31 Rp463.01 Billion
≈ $27.13 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Indo Kordsa 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Rp69.52 Million 32.71%
Common Stock Rp130.49 Million 61.39%
Other Comprehensive Income Rp10.85 Million 5.11%
Other Components Rp1.69 Million 0.80%
Total Equity Rp212.55 Million 100.00%

Indo Kordsa Tbk Competitors by Market Cap

The table below lists competitors of Indo Kordsa Tbk ranked by their market capitalization.

Company Market Cap
Inhibikase Therapeutics Inc
NASDAQ:IKT
 $119.23 Million
Quartzsea Acquisition Corporati
NASDAQ:QSEA
 $119.23 Million
Milestone Pharmaceuticals Inc
NASDAQ:MIST
 $119.24 Million
NanoenTekInc
KQ:039860
 $119.25 Million
Loyalty Founder Enterprise Co Ltd
TWO:5465
 $119.11 Million
Thai Steel Cable Public Company Limited
BK:TSC
 $119.04 Million
Semyung Electric Machinery Co.Ltd
KQ:017510
 $119.02 Million
Distribuidora de Gas Cuyana SA
BA:DGCU2
 $119.02 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 213,928,448 to 212,550,931, a change of -1,377,517 (-0.6%).
  • Net loss of 2,292,248 reduced equity.
  • Other comprehensive income increased equity by 10,851,746.
  • Other factors decreased equity by 9,937,015.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rp-2.29 Million -1.08%
Other Comprehensive Income Rp10.85 Million +5.11%
Other Changes Rp-9.94 Million -4.68%
Total Change Rp- -0.64%

Book Value vs Market Value Analysis

This analysis compares Indo Kordsa 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: 9570.68x
  • 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 19522.24x to 9570.68x 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 Rp0.23 Rp4520.00 x
2010-12-31 Rp0.26 Rp4520.00 x
2011-12-31 Rp0.26 Rp4520.00 x
2012-12-31 Rp0.34 Rp4520.00 x
2013-12-31 Rp0.32 Rp4520.00 x
2014-12-31 Rp0.36 Rp4520.00 x
2015-12-31 Rp0.37 Rp4520.00 x
2016-12-31 Rp0.40 Rp4520.00 x
2017-12-31 Rp0.44 Rp4520.00 x
2018-12-31 Rp0.45 Rp4520.00 x
2019-12-31 Rp0.45 Rp4520.00 x
2020-12-31 Rp0.43 Rp4520.00 x
2021-12-31 Rp0.44 Rp4520.00 x
2022-12-31 Rp0.47 Rp4520.00 x
2023-12-31 Rp0.47 Rp4520.00 x
2024-12-31 Rp0.48 Rp4520.00 x
2025-12-31 Rp0.47 Rp4520.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Indo Kordsa 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): -1.08%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.87%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 1.27x
  • Recent ROE (-1.08%) is below the historical average (8.38%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 5.45% 1.78% 0.63x 4.83x Rp-18.03 Billion
2001 14.94% 5.33% 0.74x 3.80x Rp23.55 Billion
2002 19.43% 8.41% 0.79x 2.91x Rp53.22 Billion
2003 11.64% 5.99% 0.80x 2.43x Rp10.40 Billion
2004 5.97% 2.88% 0.86x 2.41x Rp-28.65 Billion
2005 14.54% 6.77% 1.03x 2.08x Rp37.29 Billion
2006 2.20% 1.22% 0.98x 1.84x Rp-65.05 Billion
2007 4.38% 2.53% 1.00x 1.74x Rp-50.25 Billion
2008 9.50% 5.79% 0.98x 1.68x Rp-5.03 Billion
2009 7.34% 4.80% 1.11x 1.37x Rp-2.77 Million
2010 12.51% 7.43% 1.21x 1.39x Rp2.95 Million
2011 6.29% 3.55% 1.14x 1.55x Rp-4.40 Million
2012 11.12% 9.64% 0.76x 1.52x Rp1.69 Million
2013 3.32% 2.41% 0.84x 1.64x Rp-9.72 Million
2014 8.62% 6.64% 0.67x 1.93x Rp-2.21 Million
2015 6.32% 5.01% 0.71x 1.77x Rp-6.07 Million
2016 10.71% 8.75% 0.74x 1.65x Rp1.28 Million
2017 11.17% 9.23% 0.79x 1.52x Rp2.34 Million
2018 8.32% 6.42% 0.89x 1.45x Rp-3.44 Million
2019 6.62% 5.50% 0.88x 1.37x Rp-6.89 Million
2020 -2.09% -2.40% 0.64x 1.36x Rp-23.39 Million
2021 12.70% 9.61% 0.90x 1.47x Rp5.31 Million
2022 15.29% 9.54% 1.15x 1.39x Rp11.06 Million
2023 7.19% 6.08% 0.84x 1.40x Rp-5.97 Million
2024 5.59% 5.18% 0.79x 1.37x Rp-9.43 Million
2025 -1.08% -1.87% 0.45x 1.27x Rp-23.55 Million

Industry Comparison

This section compares Indo Kordsa Tbk's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

  • Industry: Textile Manufacturing
  • Average net assets among peers: $-68,208,652,102
  • Average return on equity (ROE) among peers: -15.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Indo Kordsa Tbk (BRAM) Rp227.40 Million 5.45% 0.24x $119.20 Million
Argo Pantes Tbk (ARGO) $-1.38 Trillion 0.00% 0.00x $149.73 Million
Trisula Textile Industries Tbk PT (BELL) $256.53 Billion -6.25% 1.16x $46.07 Million
PT Century Textile Industry Tbk (CNTX) $1.20 Million -114.92% 31.22x $582.44K
Ever Shine Textile Industry (ESTI) $391.57 Billion 7.68% 0.89x $15.11 Million
Indorama Synthetics Tbk (INDR) $293.70 Million 0.33% 1.34x $86.27 Million
Cottonindo Ariesta Tbk PT (KPAS) $136.32 Million 0.59% 0.69x $2.79 Million
Multi Spunindo Jaya Tbk. (MSJA) $87.55 Million 6.29% 0.28x $142.70 Million
Asia Pacific Investama Tbk PT (MYTX) $-19.95 Billion 0.00% 0.00x $1.44 Million
Sejahtera Bintang Abadi Textile Tbk (SBAT) $139.81 Billion -31.61% 2.73x $278.51K

About Indo Kordsa Tbk

JK:BRAM Indonesia Textile Manufacturing
Market Cap
$119.20 Million
Rp2.03 Trillion IDR
Market Cap Rank
#18643 Global
#306 in Indonesia
Share Price
Rp4520.00
Change (1 day)
-0.88%
52-Week Range
Rp4320.00 - Rp5850.00
All Time High
Rp12282.58
Categories
Companies in Indonesia Textile Manufacturing
About

PT Indo Kordsa Tbk engages in the manufacture, marketing, and sale of tire cord fabrics, yarn filaments, nylon tire cord, and raw materials of polyester. The company operates through Tire Cord Fabric, Nylon Yarn, and Polyester Yarn segments. It also offers nylon, polyester, and rayon fibers. The company sells its products in Indonesia, Thailand, the United States, Japan, South Korea, Brazil, Turk… Read more