Communication Cable Systems Indonesia Tbk PT
PT Communication Cable Systems Indonesia Tbk manufactures and sells telecommunications fiber optic cables in Indonesia and internationally. The company offers fiber optic cables, such as submarine, outdoor, indoor, and special capable cables. It also provides high density polyethylene pipes comprising subduct, macroduct/microduct, gas, and water pipes; and reinforced thermoplastic pipes. In addit… Read more
Communication Cable Systems Indonesia Tbk PT (CCSI) - Net Assets
Latest net assets as of September 2025: Rp485.51 Billion IDR
Based on the latest financial reports, Communication Cable Systems Indonesia Tbk PT (CCSI) has net assets worth Rp485.51 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 (Rp681.22 Billion) and total liabilities (Rp195.71 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 | Rp485.51 Billion |
| % of Total Assets | 71.27% |
| Annual Growth Rate | 11.19% |
| 5-Year Change | 23.61% |
| 10-Year Change | N/A |
| Growth Volatility | 15.02 |
Communication Cable Systems Indonesia Tbk PT - Net Assets Trend (2016–2024)
This chart illustrates how Communication Cable Systems Indonesia Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Communication Cable Systems Indonesia Tbk PT (2016–2024)
The table below shows the annual net assets of Communication Cable Systems Indonesia Tbk PT from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp419.26 Billion | +2.45% |
| 2023-12-31 | Rp409.23 Billion | -6.35% |
| 2022-12-31 | Rp436.99 Billion | +19.95% |
| 2021-12-31 | Rp364.31 Billion | +7.41% |
| 2020-12-31 | Rp339.18 Billion | +3.74% |
| 2019-12-31 | Rp326.94 Billion | +46.48% |
| 2018-12-31 | Rp223.19 Billion | +15.75% |
| 2017-12-31 | Rp192.82 Billion | +7.42% |
| 2016-12-31 | Rp179.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Communication Cable Systems Indonesia Tbk PT'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 13.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp103.73 Billion | 25.14% |
| Common Stock | Rp120.00 Billion | 29.08% |
| Other Comprehensive Income | Rp51.15 Billion | 12.40% |
| Other Components | Rp137.78 Billion | 33.39% |
| Total Equity | Rp412.66 Billion | 100.00% |
Communication Cable Systems Indonesia Tbk PT Competitors by Market Cap
The table below lists competitors of Communication Cable Systems Indonesia Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Papyrus Australia Ltd
AU:PPY
|
$1.85 Million |
|
DANAHER
BE:DAP
|
$1.85 Million |
|
Fastator AB
ST:FASTAT
|
$1.85 Million |
|
Mint Corp
V:MIT
|
$1.85 Million |
|
Feishang Anthracite Resources Limited
PINK:FSHRF
|
$1.85 Million |
|
Ensign Group Inc
STU:EGB
|
$1.85 Million |
|
FP Newspapers Inc
PINK:FPNUF
|
$1.85 Million |
|
Ck Infra Holdings Ltd
LSE:CKI
|
$1.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Communication Cable Systems Indonesia Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 409,232,356,000 to 412,659,294,000, a change of 3,426,938,000 (0.8%).
- Net income of 3,902,664,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 2,356,275,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp3.90 Billion | +0.95% |
| Other Comprehensive Income | Rp2.36 Billion | +0.57% |
| Other Changes | Rp-2.83 Billion | -0.69% |
| Total Change | Rp- | 0.84% |
Book Value vs Market Value Analysis
This analysis compares Communication Cable Systems Indonesia Tbk PT'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: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.24x to 0.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp968.24 | Rp234.00 | x |
| 2017-12-31 | Rp200.85 | Rp234.00 | x |
| 2018-12-31 | Rp232.49 | Rp234.00 | x |
| 2019-12-31 | Rp300.25 | Rp234.00 | x |
| 2020-12-31 | Rp282.65 | Rp234.00 | x |
| 2021-12-31 | Rp350.67 | Rp234.00 | x |
| 2022-12-31 | Rp364.16 | Rp234.00 | x |
| 2023-12-31 | Rp341.03 | Rp234.00 | x |
| 2024-12-31 | Rp343.88 | Rp234.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Communication Cable Systems Indonesia Tbk PT 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): 0.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.34%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.61x
- Recent ROE (0.95%) is below the historical average (8.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.02% | 5.86% | 0.78x | 1.54x | Rp-5.34 Billion |
| 2017 | 10.38% | 7.81% | 0.69x | 1.92x | Rp731.40 Million |
| 2018 | 15.65% | 7.85% | 1.28x | 1.56x | Rp12.61 Billion |
| 2019 | 16.98% | 14.55% | 0.84x | 1.38x | Rp22.83 Billion |
| 2020 | 8.41% | 10.11% | 0.56x | 1.48x | Rp-5.40 Billion |
| 2021 | 10.63% | 9.16% | 0.81x | 1.44x | Rp2.30 Billion |
| 2022 | 10.18% | 7.23% | 0.77x | 1.82x | Rp791.61 Million |
| 2023 | -5.47% | -6.40% | 0.46x | 1.84x | Rp-63.30 Billion |
| 2024 | 0.95% | 1.34% | 0.44x | 1.61x | Rp-37.36 Billion |
Industry Comparison
This section compares Communication Cable Systems Indonesia Tbk PT's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $406,346,081,853
- Average return on equity (ROE) among peers: 11.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Communication Cable Systems Indonesia Tbk PT (CCSI) | Rp485.51 Billion | 7.02% | 0.40x | $1.85 Million |
| PT Sumber Sinergi Makmur Tbk (IOTF) | $154.26 Billion | 2.68% | 0.12x | $6.44 Million |
| PT Ketrosden Triasmitra Tbk (KETR) | $1.03 Trillion | 8.25% | 1.01x | $7.72 Million |
| Mitra Komunikasi Nusantara Tbk PT (MKNT) | $35.68 Billion | 24.16% | 4.90x | $240.42K |