PT Citra Tubindo Tbk
PT Citra Tubindo Tbk, together with its subsidiaries, provides pipes and accessories, and related services to the oil and gas industries in Indonesia. The company operates through Pipe Processing; Transportation Services and Others, and Technical Support segments. The company offers finishing and threading of pipes; and heat treatment process for seamless pipes, as well as manufactures accessorie… Read more
PT Citra Tubindo Tbk (CTBN) - Net Assets
Latest net assets as of September 2025: Rp123.71 Million IDR
Based on the latest financial reports, PT Citra Tubindo Tbk (CTBN) has net assets worth Rp123.71 Million IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp176.52 Million) and total liabilities (Rp52.82 Million). 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 | Rp123.71 Million |
| % of Total Assets | 70.08% |
| Annual Growth Rate | 6.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 16.46 |
PT Citra Tubindo Tbk - Net Assets Trend (2020–2024)
This chart illustrates how PT Citra Tubindo 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 Citra Tubindo Tbk (2020–2024)
The table below shows the annual net assets of PT Citra Tubindo Tbk from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp128.89 Million | +25.83% |
| 2023-12-31 | Rp102.43 Million | +22.94% |
| 2022-12-31 | Rp83.32 Million | -6.92% |
| 2021-12-31 | Rp89.52 Million | -9.89% |
| 2020-12-31 | Rp99.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Citra Tubindo 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 62.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp75.94 Million | 58.94% |
| Common Stock | Rp37.94 Million | 29.45% |
| Other Comprehensive Income | Rp-5.52 Million | -4.28% |
| Other Components | Rp20.48 Million | 15.90% |
| Total Equity | Rp128.84 Million | 100.00% |
PT Citra Tubindo Tbk Competitors by Market Cap
The table below lists competitors of PT Citra Tubindo Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Tianrui Group Cement Company Limited
F:T18
|
$32.13 Million |
|
Miko NV
BR:MIKO
|
$32.15 Million |
|
Champions Oncology Inc
NASDAQ:CSBR
|
$32.16 Million |
|
SaverOne 2014 Ltd. Warrant
NASDAQ:SVREW
|
$32.17 Million |
|
Senko Co. Ltd
KQ:347000
|
$32.13 Million |
|
UBIVELOX Inc
KQ:089850
|
$32.11 Million |
|
RedFish LongTerm Capital S.p.A.
F:HN5
|
$32.10 Million |
|
Control Print Limited
NSE:CONTROLPR
|
$32.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Citra Tubindo Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 102,384,228 to 128,839,679, a change of 26,455,451 (25.8%).
- Net income of 26,209,542 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,289.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp26.21 Million | +20.34% |
| Other Comprehensive Income | Rp-1.29K | -0.0% |
| Other Changes | Rp247.20K | +0.19% |
| Total Change | Rp- | 25.84% |
Book Value vs Market Value Analysis
This analysis compares PT Citra Tubindo 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: 35875.17x
- 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 46550.06x to 35875.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Rp0.12 | Rp5775.00 | x |
| 2021-12-31 | Rp0.11 | Rp5775.00 | x |
| 2022-12-31 | Rp0.10 | Rp5775.00 | x |
| 2023-12-31 | Rp0.13 | Rp5775.00 | x |
| 2024-12-31 | Rp0.16 | Rp5775.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Citra Tubindo 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): 20.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.32%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 1.54x
- Recent ROE (20.34%) is above the historical average (1.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -3.09% | -2.43% | 0.97x | 1.31x | Rp-12.99 Million |
| 2021 | -17.90% | -17.08% | 0.69x | 1.53x | Rp-24.97 Million |
| 2022 | -7.98% | -5.14% | 0.96x | 1.61x | Rp-14.98 Million |
| 2023 | 18.21% | 8.95% | 1.22x | 1.67x | Rp8.41 Million |
| 2024 | 20.34% | 10.32% | 1.28x | 1.54x | Rp13.33 Million |
Industry Comparison
This section compares PT Citra Tubindo Tbk's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $364,546,950,993
- Average return on equity (ROE) among peers: 8.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Citra Tubindo Tbk (CTBN) | Rp123.71 Million | -3.09% | 0.43x | $32.13 Million |
| Ratu Prabu Energi Tbk (ARTI) | $-156.05 Billion | 0.00% | 0.00x | $18.35K |
| Atlantis Subsea Indonesia Tbk Pt (ATLA) | $33.74 Billion | 18.65% | 0.44x | $7.18 Million |
| Elnusa Tbk (ELSA) | $2.88 Trillion | 10.80% | 0.46x | $142.61 Million |
| Island Concepts Indonesia Tbk (ICON) | $156.73 Billion | 0.16% | 1.71x | $2.61 Million |
| Mitra International Resources (MIRA) | $9.49 Billion | 0.00% | 11.08x | $4.63 Million |
| PT Multikarya Asia Pacific Ray (MKAP) | $123.67 Billion | 0.87% | 1.11x | $34.97 Million |
| Kian Santang Muliatama Tbk. (RGAS) | $85.38 Billion | 7.59% | 0.06x | $1.75 Million |
| Radiant Utama Interinsco Tbk (RUIS) | $150.20 Billion | 18.43% | 1.20x | $6.39 Million |
| Sillo Maritime Perdana Tbk PT (SHIP) | $24.55 Million | 24.45% | 1.14x | $117.22 Million |