Clipan Finance Indonesia Tbk (CFIN) - Net Assets
Based on the latest financial reports, Clipan Finance Indonesia Tbk (CFIN) has net assets worth Rp5.70 Trillion IDR (≈ $334.07 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 (Rp9.75 Trillion ≈ $571.09 Million USD) and total liabilities (Rp4.04 Trillion ≈ $237.02 Million 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 CFIN asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp5.70 Trillion |
| % of Total Assets | 58.5% |
| Annual Growth Rate | 15.09% |
| 5-Year Change | 21.49% |
| 10-Year Change | 60.18% |
| Growth Volatility | 27.61 |
Clipan Finance Indonesia Tbk - Net Assets Trend (2002–2024)
This chart illustrates how Clipan Finance Indonesia Tbk's net assets have evolved over time, based on quarterly financial data. Also explore Clipan Finance Indonesia Tbk asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Clipan Finance Indonesia Tbk (2002–2024)
The table below shows the annual net assets of Clipan Finance Indonesia Tbk from 2002 to 2024. For live valuation and market cap data, see Clipan Finance Indonesia Tbk market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp5.76 Trillion ≈ $337.80 Million |
+4.31% |
| 2023-12-31 | Rp5.53 Trillion ≈ $323.85 Million |
+8.13% |
| 2022-12-31 | Rp5.11 Trillion ≈ $299.49 Million |
+6.35% |
| 2021-12-31 | Rp4.81 Trillion ≈ $281.62 Million |
+1.28% |
| 2020-12-31 | Rp4.75 Trillion ≈ $278.05 Million |
+0.84% |
| 2019-12-31 | Rp4.71 Trillion ≈ $275.73 Million |
+8.25% |
| 2018-12-31 | Rp4.35 Trillion ≈ $254.72 Million |
+7.88% |
| 2017-12-31 | Rp4.03 Trillion ≈ $236.11 Million |
+6.07% |
| 2016-12-31 | Rp3.80 Trillion ≈ $222.60 Million |
+5.56% |
| 2015-12-31 | Rp3.60 Trillion ≈ $210.88 Million |
+10.51% |
| 2014-12-31 | Rp3.26 Trillion ≈ $190.83 Million |
+17.79% |
| 2013-12-31 | Rp2.76 Trillion ≈ $162.01 Million |
+12.86% |
| 2012-12-31 | Rp2.45 Trillion ≈ $143.55 Million |
+12.70% |
| 2011-12-31 | Rp2.17 Trillion ≈ $127.38 Million |
+46.76% |
| 2010-12-31 | Rp1.48 Trillion ≈ $86.79 Million |
+12.90% |
| 2009-12-31 | Rp1.31 Trillion ≈ $76.88 Million |
+11.68% |
| 2008-12-31 | Rp1.17 Trillion ≈ $68.84 Million |
+10.63% |
| 2007-12-31 | Rp1.06 Trillion ≈ $62.22 Million |
+136.25% |
| 2006-12-31 | Rp449.47 Billion ≈ $26.34 Million |
+9.71% |
| 2005-12-31 | Rp409.70 Billion ≈ $24.01 Million |
+10.13% |
| 2004-12-31 | Rp372.00 Billion ≈ $21.80 Million |
+26.97% |
| 2003-12-31 | Rp292.99 Billion ≈ $17.17 Million |
+11.94% |
| 2002-12-31 | Rp261.74 Billion ≈ $15.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Clipan Finance Indonesia 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 14488.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp4.36 Trillion | 75.71% |
| Common Stock | Rp996.13 Billion | 17.28% |
| Other Comprehensive Income | Rp52.41 Billion | 0.91% |
| Other Components | Rp351.95 Billion | 6.11% |
| Total Equity | Rp5.76 Trillion | 100.00% |
Clipan Finance Indonesia Tbk Competitors by Market Cap
The table below lists competitors of Clipan Finance Indonesia Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cartier Resources Inc
V:ECR
|
$78.47 Million |
|
XBP Europe Holdings Inc
NASDAQ:XBP
|
$78.48 Million |
|
Lavras Gold Corp
V:LGC
|
$78.48 Million |
|
Grupe S.A.B. de C.V
MX:CIDMEGA
|
$78.50 Million |
|
Nature Holdings Co. Ltd.
KQ:298540
|
$78.44 Million |
|
Groupe LDLC SA
PA:ALLDL
|
$78.43 Million |
|
CONDOR ENERGIES INC.
F:WQ6
|
$78.40 Million |
|
Heubach Colorants India Limited
NSE:HEUBACHIND
|
$78.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clipan Finance Indonesia Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,526,758,458,000 to 5,764,884,253,000, a change of 238,125,795,000 (4.3%).
- Net income of 214,801,061,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 15,529,493,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp214.80 Billion | +3.73% |
| Other Comprehensive Income | Rp15.53 Billion | +0.27% |
| Other Changes | Rp7.80 Billion | +0.14% |
| Total Change | Rp- | 4.31% |
Book Value vs Market Value Analysis
This analysis compares Clipan Finance Indonesia 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: 0.23x
- 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 decreased from 0.76x to 0.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp444.59 | Rp336.00 | x |
| 2009-12-31 | Rp503.98 | Rp336.00 | x |
| 2010-12-31 | Rp568.97 | Rp336.00 | x |
| 2011-12-31 | Rp715.81 | Rp336.00 | x |
| 2012-12-31 | Rp649.01 | Rp336.00 | x |
| 2013-12-31 | Rp732.44 | Rp336.00 | x |
| 2014-12-31 | Rp851.39 | Rp336.00 | x |
| 2015-12-31 | Rp903.23 | Rp336.00 | x |
| 2016-12-31 | Rp953.42 | Rp336.00 | x |
| 2017-12-31 | Rp1011.30 | Rp336.00 | x |
| 2018-12-31 | Rp1091.00 | Rp336.00 | x |
| 2019-12-31 | Rp1180.99 | Rp336.00 | x |
| 2020-12-31 | Rp1190.91 | Rp336.00 | x |
| 2021-12-31 | Rp1206.20 | Rp336.00 | x |
| 2022-12-31 | Rp1282.73 | Rp336.00 | x |
| 2023-12-31 | Rp1387.06 | Rp336.00 | x |
| 2024-12-31 | Rp1446.82 | Rp336.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clipan Finance Indonesia 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): 3.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.41%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.76x
- Recent ROE (3.73%) is below the historical average (8.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 7.04% | 35.83% | 0.12x | 1.58x | Rp-31.48 Billion |
| 2008 | 9.61% | 40.42% | 0.17x | 1.37x | Rp-4.60 Billion |
| 2009 | 11.45% | 52.65% | 0.16x | 1.35x | Rp19.05 Billion |
| 2010 | 13.55% | 57.22% | 0.13x | 1.82x | Rp52.59 Billion |
| 2011 | 12.71% | 43.87% | 0.13x | 2.20x | Rp58.87 Billion |
| 2012 | 13.58% | 40.87% | 0.17x | 1.98x | Rp87.70 Billion |
| 2013 | 13.85% | 44.50% | 0.14x | 2.20x | Rp106.40 Billion |
| 2014 | 12.21% | 42.05% | 0.14x | 2.04x | Rp71.85 Billion |
| 2015 | 7.96% | 28.98% | 0.15x | 1.85x | Rp-73.54 Billion |
| 2016 | 5.41% | 22.93% | 0.13x | 1.78x | Rp-174.53 Billion |
| 2017 | 5.86% | 18.28% | 0.13x | 2.45x | Rp-166.68 Billion |
| 2018 | 7.02% | 17.07% | 0.16x | 2.55x | Rp-129.57 Billion |
| 2019 | 7.68% | 18.04% | 0.17x | 2.58x | Rp-108.97 Billion |
| 2020 | 0.98% | 2.79% | 0.15x | 2.30x | Rp-427.95 Billion |
| 2021 | 0.96% | 3.58% | 0.18x | 1.48x | Rp-434.31 Billion |
| 2022 | 6.08% | 23.71% | 0.16x | 1.57x | Rp-200.39 Billion |
| 2023 | 14.75% | 52.28% | 0.16x | 1.79x | Rp262.33 Billion |
| 2024 | 3.73% | 13.41% | 0.16x | 1.76x | Rp-361.69 Billion |
Industry Comparison
This section compares Clipan Finance Indonesia Tbk's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $1,617,493,778,854
- Average return on equity (ROE) among peers: 10.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clipan Finance Indonesia Tbk (CFIN) | Rp5.70 Trillion | 7.04% | 0.71x | $78.45 Million |
| Adira Dinamika Multi Finance (ADMF) | $11.56 Trillion | 12.17% | 1.82x | $632.22 Million |
| Buana Finance Tbk (BBLD) | $-313.70 Billion | 0.00% | 0.00x | $64.13 Million |
| BFI Finance Indonesia Tbk (BFIN) | $611.95 Billion | 16.06% | 0.84x | $704.07 Million |
| Batavia Prosperindo Finance (BPFI) | $130.28 Billion | 12.93% | 0.80x | $41.68 Million |
| Danasupra Erapacific Tbk (DEFI) | $59.97 Billion | 14.75% | 0.02x | $6.34 Million |
| Fuji Finance Indonesia Tbk PT (FUJI) | $98.96 Billion | 2.38% | 0.00x | $24.83 Million |
| Radana Bhaskara Finance Tbk (HDFA) | $255.34 Billion | 5.88% | 5.22x | $42.55 Million |
| Intan Baruprana Finance Tbk (IBFN) | $564.52 Billion | 10.76% | 4.39x | $7.02 Million |
| Mandala Multifinance Tbk (MFIN) | $1.59 Trillion | 15.46% | 1.88x | $232.92 Million |
About Clipan Finance Indonesia Tbk
PT. Clipan Finance Indonesia Tbk operates as a financing institution in Indonesia. It operates through Factoring; Sale and Leaseback; Finance Lease; and Consumer Financing segments. The company offers investment financing, working capital financing, multipurpose financing, operational leasing, and other financing services. It also provides new and used car financing, fleet financing, cash fund fi… Read more