PT Toba Surimi Industries Tbk
PT Toba Surimi Industries Tbk engages in the seafood processing business in Indonesia. The company offers pasteurized products, including jumbo lump, super lump, claw, and cocktail claw products; and canned and frozen products, such as fish, cephalopods, shellfish, value-added, and seafood mix products. It sells its products in the United States, the European community, Japan, Hong Kong, Canada, … Read more
PT Toba Surimi Industries Tbk (CRAB) - Net Assets
Latest net assets as of September 2025: Rp229.59 Billion IDR
Based on the latest financial reports, PT Toba Surimi Industries Tbk (CRAB) has net assets worth Rp229.59 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 (Rp332.24 Billion) and total liabilities (Rp102.65 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 | Rp229.59 Billion |
| % of Total Assets | 69.1% |
| Annual Growth Rate | 16.06% |
| 5-Year Change | 106.86% |
| 10-Year Change | N/A |
| Growth Volatility | 20.63 |
PT Toba Surimi Industries Tbk - Net Assets Trend (2019–2024)
This chart illustrates how PT Toba Surimi Industries 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 PT Toba Surimi Industries Tbk (2019–2024)
The table below shows the annual net assets of PT Toba Surimi Industries Tbk from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp219.23 Billion | +13.17% |
| 2023-12-31 | Rp193.71 Billion | +8.01% |
| 2022-12-31 | Rp179.35 Billion | +58.26% |
| 2021-12-31 | Rp113.33 Billion | +6.94% |
| 2020-12-31 | Rp105.98 Billion | +1.81% |
| 2019-12-31 | Rp104.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Toba Surimi Industries 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 733.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp64.18 Billion | 29.27% |
| Common Stock | Rp97.50 Billion | 44.47% |
| Other Comprehensive Income | Rp18.66 Billion | 8.51% |
| Other Components | Rp38.89 Billion | 17.74% |
| Total Equity | Rp219.23 Billion | 100.00% |
PT Toba Surimi Industries Tbk Competitors by Market Cap
The table below lists competitors of PT Toba Surimi Industries Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pensonic Holdings Bhd
KLSE:9997
|
$4.26 Million |
|
Direct Finance TA
TA:DIFI
|
$4.26 Million |
|
Minaean SP Construction Corp
V:MSP
|
$4.26 Million |
|
Forza Land Indonesia Tbk PT
JK:FORZ
|
$4.26 Million |
|
OCEAN-GEOLOOP AS NK -01
F:FQ4
|
$4.26 Million |
|
Anghami De Inc
NASDAQ:ANGH
|
$4.25 Million |
|
SHH Resources Holdings Bhd
KLSE:7412
|
$4.25 Million |
|
Energy Focu
NASDAQ:EFOI
|
$4.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Toba Surimi Industries Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 193,712,150,000 to 219,226,112,000, a change of 25,513,962,000 (13.2%).
- Net income of 29,014,435,000 contributed positively to equity growth.
- Dividend payments of 3,900,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 399,527,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp29.01 Billion | +13.23% |
| Dividends Paid | Rp3.90 Billion | -1.78% |
| Other Comprehensive Income | Rp399.53 Million | +0.18% |
| Total Change | Rp- | 13.17% |
Book Value vs Market Value Analysis
This analysis compares PT Toba Surimi Industries 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: 2.08x
- 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 4.38x to 2.08x 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 | Rp53.38 | Rp234.00 | x |
| 2020-12-31 | Rp54.35 | Rp234.00 | x |
| 2021-12-31 | Rp58.12 | Rp234.00 | x |
| 2022-12-31 | Rp104.71 | Rp234.00 | x |
| 2023-12-31 | Rp99.34 | Rp234.00 | x |
| 2024-12-31 | Rp112.42 | Rp234.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Toba Surimi Industries 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): 13.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.92%
- • Asset Turnover: 2.00x
- • Equity Multiplier: 1.35x
- Recent ROE (13.23%) is above the historical average (6.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 2.85% | 0.57% | 1.67x | 2.99x | Rp-7.44 Billion |
| 2020 | 1.85% | 0.41% | 1.59x | 2.83x | Rp-8.64 Billion |
| 2021 | 6.42% | 1.11% | 2.28x | 2.55x | Rp-4.05 Billion |
| 2022 | 5.80% | 1.82% | 1.80x | 1.76x | Rp-7.54 Billion |
| 2023 | 9.08% | 2.94% | 1.73x | 1.79x | Rp-1.79 Billion |
| 2024 | 13.23% | 4.92% | 2.00x | 1.35x | Rp7.09 Billion |
Industry Comparison
This section compares PT Toba Surimi Industries Tbk's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $631,799,965,479
- Average return on equity (ROE) among peers: 6.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Toba Surimi Industries Tbk (CRAB) | Rp229.59 Billion | 2.85% | 0.45x | $4.26 Million |
| FKS Food Sejahtera Tbk PT (AISA) | $95.16 Billion | 0.04% | 2.76x | $16.59 Million |
| Estika Tata Tiara Tbk PT (BEEF) | $-266.29 Billion | 0.00% | 0.00x | $25.57 Million |
| Formosa Ingredient Factory PT Tbk (BOBA) | $151.05 Billion | 9.90% | 0.16x | $1.21 Million |
| PT Raja Roti Cemerlang Tbk (BRRC) | $20.11 Billion | 5.85% | 1.84x | $1.83 Million |
| Budi Starch & Sweetener Tbk (BUDI) | $267.46 Billion | 7.73% | 2.48x | $23.05 Million |
| Eagle High Plantations Tbk (BWPT) | $164.27 Billion | 0.56% | 1.05x | $52.04 Million |
| Campina Ice Cream Industry Tbk PT (CAMP) | $935.39 Billion | 8.21% | 0.13x | $5.65 Million |
| Citra Borneo Utama (CBUT) | $-209.50 Billion | 0.00% | 0.00x | $44.64 Million |
| Wilmar Cahaya Indonesia Tbk (CEKA) | $463.40 Billion | 12.59% | 1.22x | $10.44 Million |
| Cisarua Mountain Dairy Tbk PT (CMRY) | $4.70 Trillion | 16.82% | 0.19x | $432.46 Million |