Darma Henwa Tbk (DEWA) - Net Assets
Based on the latest financial reports, Darma Henwa Tbk (DEWA) has net assets worth Rp4.89 Trillion IDR (≈ $286.40 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp10.04 Trillion ≈ $588.51 Million USD) and total liabilities (Rp5.16 Trillion ≈ $302.11 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 DEWA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp4.89 Trillion |
| % of Total Assets | 48.66% |
| Annual Growth Rate | 76.79% |
| 5-Year Change | 1228855.69% |
| 10-Year Change | 1472965.81% |
| Growth Volatility | 282092.2 |
Darma Henwa Tbk - Net Assets Trend (2004–2024)
This chart illustrates how Darma Henwa Tbk's net assets have evolved over time, based on quarterly financial data. See DEWA defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Darma Henwa Tbk (2004–2024)
The table below shows the annual net assets of Darma Henwa Tbk from 2004 to 2024. For live valuation and market cap data, see Darma Henwa Tbk stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp3.31 Trillion ≈ $194.00 Million |
+0.65% |
| 2023-12-31 | Rp3.29 Trillion ≈ $192.74 Million |
+1294354.22% |
| 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 |
+1.06% |
| 2014-12-31 | Rp222.41 Million ≈ $13.03K |
+0.13% |
| 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 |
+22.95% |
| 2009-12-31 | Rp274.77 Million ≈ $16.10K |
-1.14% |
| 2008-12-31 | Rp277.94 Million ≈ $16.29K |
+9.90% |
| 2007-12-31 | Rp252.90 Million ≈ $14.82K |
+478.67% |
| 2006-12-31 | Rp43.70 Million ≈ $2.56K |
+3.59% |
| 2005-12-31 | Rp42.19 Million ≈ $2.47K |
+13.38% |
| 2004-12-31 | Rp37.21 Million ≈ $2.18K |
-- |
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 decreased by 107216062700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp2.19 Trillion | 65.96% |
| Other Comprehensive Income | Rp1.46 Trillion | 44.13% |
| Other Components | Rp737.71 Billion | 22.27% |
| Total Equity | Rp3.31 Trillion | 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 |
|---|---|
|
YD More Investments Ltd
TA:MRIN
|
$877.52 Million |
|
MAHLE Metal Leve S.A
SA:LEVE3
|
$877.64 Million |
|
Kopin Corporation
NASDAQ:KOPN
|
$877.66 Million |
|
Synsam AB
ST:SYNSAM
|
$878.45 Million |
|
UNITIL Corporation
NYSE:UTL
|
$877.29 Million |
|
RHÖN-KLINIKUM Aktiengesellschaft
XETRA:RHK
|
$876.89 Million |
|
Hubei Chutian Expressway Co Ltd
SHG:600035
|
$876.47 Million |
|
Sun Country Airlines Holdings Inc
NASDAQ:SNCY
|
$876.36 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 2023 to 2024, total equity changed from 3,291,689,460,000 to 3,313,163,859,000, a change of 21,474,399,000 (0.7%).
- Net income of 16,335,149,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,462,147,980,542.
- Other factors decreased equity by 1,457,008,730,542.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp16.34 Billion | +0.49% |
| Other Comprehensive Income | Rp1.46 Trillion | +44.13% |
| Other Changes | Rp-1.46 Trillion | -43.98% |
| Total Change | Rp- | 0.65% |
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: 2.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.29x to 2.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | Rp1279.17 | Rp368.00 | x |
| 2007-12-31 | Rp0.03 | Rp368.00 | x |
| 2008-12-31 | Rp0.02 | Rp368.00 | x |
| 2009-12-31 | Rp0.02 | Rp368.00 | x |
| 2010-12-31 | Rp0.02 | Rp368.00 | x |
| 2011-12-31 | Rp0.01 | Rp368.00 | x |
| 2012-12-31 | Rp0.01 | Rp368.00 | x |
| 2013-12-31 | Rp0.01 | Rp368.00 | x |
| 2014-12-31 | Rp0.01 | Rp368.00 | x |
| 2015-12-31 | Rp0.01 | Rp368.00 | x |
| 2016-12-31 | Rp0.01 | Rp368.00 | x |
| 2017-12-31 | Rp0.01 | Rp368.00 | x |
| 2018-12-31 | Rp0.01 | Rp368.00 | x |
| 2019-12-31 | Rp0.01 | Rp368.00 | x |
| 2020-12-31 | Rp0.01 | Rp368.00 | x |
| 2021-12-31 | Rp0.01 | Rp368.00 | x |
| 2022-12-31 | Rp0.01 | Rp368.00 | x |
| 2023-12-31 | Rp150.62 | Rp368.00 | x |
| 2024-12-31 | Rp151.61 | Rp368.00 | 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): 0.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.27%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.66x
- Recent ROE (0.49%) is above the historical average (-1.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.55% | 1.67% | 0.66x | 5.90x | Rp-1.50 Million |
| 2007 | 3.43% | 3.84% | 0.40x | 2.21x | Rp-16.59 Million |
| 2008 | 3.81% | 4.80% | 0.41x | 1.93x | Rp-17.20 Million |
| 2009 | -0.67% | -0.92% | 0.44x | 1.69x | Rp-29.22 Million |
| 2010 | 0.14% | 0.20% | 0.50x | 1.37x | Rp-33.17 Million |
| 2011 | -7.69% | -8.47% | 0.70x | 1.30x | Rp-55.25 Million |
| 2012 | -15.05% | -12.25% | 0.76x | 1.61x | Rp-68.28 Million |
| 2013 | -23.29% | -23.28% | 0.61x | 1.65x | Rp-73.88 Million |
| 2014 | 0.16% | 0.15% | 0.66x | 1.60x | Rp-21.87 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 | 1.11% | 0.93% | 0.67x | 1.80x | Rp-20.51 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 | 0.27% | 0.23% | 0.56x | 2.11x | Rp-26.34 Million |
| 2022 | -6.59% | -4.11% | 0.74x | 2.16x | Rp-42.12 Million |
| 2023 | 1.07% | 0.48% | 0.91x | 2.47x | Rp-293.87 Billion |
| 2024 | 0.49% | 0.27% | 0.68x | 2.66x | Rp-314.98 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: $-106,867,195,059
- Average return on equity (ROE) among peers: 7.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Darma Henwa Tbk (DEWA) | Rp4.89 Trillion | 6.55% | 1.05x | $877.36 Million |
| Abm Investama Tbk (ABMM) | $159.21 Million | 7.94% | 5.74x | $395.25 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $6.53 Billion | 38.19% | 0.65x | $3.75 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $20.78 Billion | 3.15% | 7.78x | $5.18 Million |
| Atlas Resources Tbk (ARII) | $56.27 Million | -43.42% | 4.87x | $61.97 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $-78.01 Billion | 0.00% | 0.00x | $4.10 Million |
| Baramulti Suksessarana Tbk (BSSR) | $170.32 Million | 17.89% | 0.47x | $682.26 Million |
| Bumi Resources Tbk (BUMI) | $646.45 Million | 25.99% | 5.53x | $3.66 Billion |
| Bayan Resources Tbk (BYAN) | $-201.60 Billion | 0.00% | 0.00x | $21.49 Billion |
| Exploitasi Energi Indonesia (CNKO) | $-817.96 Billion | 0.00% | 0.00x | $289.76K |
| PT Petrindo Jaya Kreasi Tbk (CUAN) | $565.90 Million | 28.41% | 2.14x | $4.48 Billion |
About Darma Henwa Tbk
PT Darma Henwa Tbk, together with its subsidiaries, engages in the mining support and other excavation activities, and machine repair for special purposes 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, mining, run of mine, … Read more