Darma Henwa Tbk (DEWA) - Net Assets

Latest as of June 2026: Rp42.92 Billion IDR ≈ $2.52 Million USD

Based on the latest financial reports, Darma Henwa Tbk (DEWA) has net assets worth Rp42.92 Billion IDR (≈ $2.52 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp93.28 Billion ≈ $5.47 Million USD) and total liabilities (Rp50.36 Billion ≈ $2.95 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 Darma Henwa Tbk (DEWA) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets Rp42.92 Billion
% of Total Assets 46.02%
Annual Growth Rate N/A
5-Year Change 16985.9%
10-Year Change 20468.38%
Growth Volatility 154803.81

Darma Henwa Tbk - Net Assets Trend (2004–2025)

This chart illustrates how Darma Henwa Tbk's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Darma Henwa Tbk (DEWA) total market value.

Annual Net Assets for Darma Henwa Tbk (2004–2025)

The table below shows the annual net assets of Darma Henwa Tbk from 2004 to 2025. Also explore DEWA net asset momentum to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 Rp46.31 Billion
≈ $2.71 Million		 +163.19%
2024-12-31 Rp17.59 Billion
≈ $1.03 Million		 -0.41%
2023-12-31 Rp17.67 Billion
≈ $1.04 Million		 +6852.14%
2022-12-31 Rp254.11 Million
≈ $14.89K		 -6.24%
2021-12-31 Rp271.02 Million
≈ $15.88K		 +0.60%
2020-12-31 Rp269.40 Million
≈ $15.79K		 +15.00%
2019-12-31 Rp234.26 Million
≈ $13.73K		 +1.50%
2018-12-31 Rp230.80 Million
≈ $13.52K		 +1.43%
2017-12-31 Rp227.55 Million
≈ $13.33K		 +1.08%
2016-12-31 Rp225.13 Million
≈ $13.19K		 +0.17%
2015-12-31 Rp224.76 Million
≈ $13.17K		 +5.24%
2014-12-31 Rp213.56 Million
≈ $12.51K		 -3.85%
2013-12-31 Rp222.11 Million
≈ $13.01K		 -18.81%
2012-12-31 Rp273.57 Million
≈ $16.03K		 -12.81%
2011-12-31 Rp313.77 Million
≈ $18.39K		 -7.12%
2010-12-31 Rp337.82 Million
≈ $19.79K		 +100.02%
2009-12-31 Rp-1.77 Trillion
≈ $-103.48 Million		 -692821.35%
2008-12-31 Rp254.94 Million
≈ $14.94K		 +0.81%
2007-12-31 Rp252.90 Million
≈ $14.82K		 +478.67%
2006-12-31 Rp43.70 Million
≈ $2.56K		 -98.93%
2005-12-31 Rp4.09 Billion
≈ $239.44K		 +2829.20%
2004-12-31 Rp-149.73 Million
≈ $-8.77K		 --

Equity Component Analysis

This analysis shows how different components contribute to Darma Henwa 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 2436669115200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Rp23.74 Billion 51.36%
Common Stock Rp16.85 Billion 36.46%
Other Comprehensive Income Rp32.63K 0.00%
Other Components Rp5.63 Billion 12.18%
Total Equity Rp46.22 Billion 100.00%

Darma Henwa Tbk Competitors by Market Cap

The table below lists competitors of Darma Henwa Tbk ranked by their market capitalization.

Company Market Cap
Elco Ltd
TA:ELCO
 $815.02 Million
Otokar Otomotiv ve Savunma Sanayi AS
IS:OTKAR
 $815.04 Million
Zhejiang Kaier New Materials
SHE:300234
 $815.08 Million
Guangzhou Boji Medical and Biotechnological Co Ltd
SHE:300404
 $815.10 Million
Changchun Engley Automobile Industry Co.Ltd.
SHG:601279
 $814.50 Million
IRPC Public Company Limited
BK:IRPC-R
 $814.31 Million
Daejoo Electronic Materials Co. Ltd
KQ:078600
 $814.26 Million
Joeone Co Ltd
SHG:601566
 $813.13 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 17,606,153,000 to 46,223,230,000, a change of 28,617,077,000 (162.5%).
  • Net income of 23,212,956,000 contributed positively to equity growth.
  • Share repurchases of 863,939,766 reduced equity.
  • Other comprehensive income decreased equity by 7,770,326,365.
  • Other factors increased equity by 14,038,387,131.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rp23.21 Billion +50.22%
Share Repurchases Rp863.94 Million -1.87%
Other Comprehensive Income Rp-7.77 Billion -16.81%
Other Changes Rp14.04 Billion +30.37%
Total Change Rp- 162.54%

Book Value vs Market Value Analysis

This analysis compares Darma Henwa 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: 296.15x
  • 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 305.43x to 296.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 Rp1.17 Rp356.00 x
2006-12-31 Rp1279.17 Rp356.00 x
2007-12-31 Rp0.03 Rp356.00 x
2008-12-31 Rp0.02 Rp356.00 x
2009-12-31 Rp0.02 Rp356.00 x
2010-12-31 Rp0.02 Rp356.00 x
2011-12-31 Rp0.01 Rp356.00 x
2012-12-31 Rp120.50 Rp356.00 x
2013-12-31 Rp0.01 Rp356.00 x
2014-12-31 Rp0.01 Rp356.00 x
2015-12-31 Rp0.01 Rp356.00 x
2016-12-31 Rp0.01 Rp356.00 x
2017-12-31 Rp0.01 Rp356.00 x
2018-12-31 Rp0.01 Rp356.00 x
2019-12-31 Rp0.01 Rp356.00 x
2020-12-31 Rp0.01 Rp356.00 x
2021-12-31 Rp0.01 Rp356.00 x
2022-12-31 Rp0.01 Rp356.00 x
2023-12-31 Rp0.81 Rp356.00 x
2024-12-31 Rp0.81 Rp356.00 x
2025-12-31 Rp1.20 Rp356.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Darma Henwa 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): 50.22%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 67.37%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 1.95x
  • Recent ROE (50.22%) is below the historical average (1914.46%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 0.00% -39.62% 0.11x 0.00x Rp-339.04 Million
2005 12.94% 6.57% 0.27x 7.18x Rp119.56 Million
2006 6.61% 1.69% 0.66x 5.90x Rp-1.48 Million
2007 3.33% 3.73% 0.40x 2.21x Rp-16.85 Million
2008 42090.79% 53119.33% 0.41x 1.93x Rp116.89 Billion
2009 -0.74% -0.92% 0.48x 1.69x Rp-29.41 Million
2010 0.18% 0.26% 0.50x 1.37x Rp-33.05 Million
2011 -7.45% -8.22% 0.70x 1.30x Rp-54.53 Million
2012 -15.05% -121506.83% 0.74x 0.00x Rp-659.74 Billion
2013 -23.29% -22.97% 0.62x 1.65x Rp-73.88 Million
2014 0.06% 0.06% 0.66x 1.60x Rp-22.09 Million
2015 0.21% 0.20% 0.64x 1.66x Rp-21.99 Million
2016 0.23% 0.20% 0.68x 1.69x Rp-21.98 Million
2017 1.21% 1.14% 0.60x 1.77x Rp-19.98 Million
2018 1.08% 0.90% 0.67x 1.80x Rp-20.58 Million
2019 1.61% 1.09% 0.63x 2.35x Rp-19.65 Million
2020 0.61% 0.54% 0.55x 2.05x Rp-25.28 Million
2021 0.40% 0.34% 0.56x 2.11x Rp-25.99 Million
2022 -6.31% -4.10% 0.71x 2.16x Rp-41.42 Million
2023 1.07% 0.48% 0.91x 2.47x Rp-1.58 Billion
2024 0.49% 0.27% 0.68x 2.66x Rp-1.67 Billion
2025 50.22% 67.37% 0.38x 1.95x Rp18.59 Billion

Industry Comparison

This section compares Darma Henwa Tbk's net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

  • Industry: Thermal Coal
  • Average net assets among peers: $308,079,214,494
  • Average return on equity (ROE) among peers: 14.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Darma Henwa Tbk (DEWA) Rp42.92 Billion 0.00% 1.17x $814.56 Million
Abm Investama Tbk (ABMM) $173.56 Million -21.92% 5.86x $424.28 Million
PT Alamtri Resources Indonesia Tbk (ADRO) $4.09 Billion 11.81% 0.67x $4.39 Billion
Akbar Indomakmur Stimec Tbk (AIMS) $20.78 Billion 3.15% 7.78x $6.08 Million
Atlas Resources Tbk (ARII) $71.05 Million -1.34% 6.43x $71.63 Million
Borneo Olah Sarana Sukses PT (BOSS) $-78.01 Billion 0.00% 0.00x $4.10 Million
Baramulti Suksessarana Tbk (BSSR) $242.48 Million 66.92% 0.68x $824.08 Million
Bumi Resources Tbk (BUMI) $2.21 Billion 14.07% 2.97x $3.96 Billion
Bayan Resources Tbk (BYAN) $678.07 Million 73.80% 0.70x $23.63 Billion
Exploitasi Energi Indonesia (CNKO) $3.13 Trillion -3.11% 0.76x $249.33K
PT Petrindo Jaya Kreasi Tbk (CUAN) $49.87 Million 3.09% 0.66x $6.16 Billion

About Darma Henwa Tbk

JK:DEWA Indonesia Thermal Coal
Market Cap
$814.56 Million
Rp13.90 Trillion IDR
Market Cap Rank
#9916 Global
#101 in Indonesia
Share Price
Rp356.00
Change (1 day)
-2.20%
52-Week Range
Rp250.00 - Rp815.00
All Time High
Rp815.00
Categories
Companies in Indonesia Thermal Coal
About

PT Darma Henwa Tbk, together with its subsidiaries, engages in the mining support and other excavation activities, and metal fabrication products in Indonesia. It operates in two segments, Mining Services and Other Services. The company is involved in various mining activities, including land clearing, top soiling, drilling, blasting, overburden removal and dumping, coal getting, run of mine, tra… Read more