Indoritel Makmur Internasional
PT Indoritel Makmur Internasional Tbk., together with its subsidiaries, provides fiber optic network services primarily in Indonesia. It operates through Corporate, Retail, and Other segments. The company offers optical fiber-based telecommunication data service products for home/broadband FTTH customers to telecommunications operators and internet service provider companies. It is also involved … Read more
Indoritel Makmur Internasional (DNET) - Net Assets
Latest net assets as of September 2025: Rp15.02 Trillion IDR
Based on the latest financial reports, Indoritel Makmur Internasional (DNET) has net assets worth Rp15.02 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp22.39 Trillion) and total liabilities (Rp7.37 Trillion). 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 | Rp15.02 Trillion |
| % of Total Assets | 67.1% |
| Annual Growth Rate | 32.7% |
| 5-Year Change | 40.45% |
| 10-Year Change | 80.93% |
| Growth Volatility | 23.36 |
Indoritel Makmur Internasional - Net Assets Trend (2001–2024)
This chart illustrates how Indoritel Makmur Internasional's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Indoritel Makmur Internasional (2001–2024)
The table below shows the annual net assets of Indoritel Makmur Internasional from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp14.24 Trillion | +8.89% |
| 2023-12-31 | Rp13.07 Trillion | +6.05% |
| 2022-12-31 | Rp12.33 Trillion | +9.86% |
| 2021-12-31 | Rp11.22 Trillion | +10.71% |
| 2020-12-31 | Rp10.14 Trillion | +6.30% |
| 2019-12-31 | Rp9.54 Trillion | +5.49% |
| 2018-12-31 | Rp9.04 Trillion | +6.71% |
| 2017-12-31 | Rp8.47 Trillion | +2.93% |
| 2016-12-31 | Rp8.23 Trillion | +4.59% |
| 2015-12-31 | Rp7.87 Trillion | +3.77% |
| 2014-12-31 | Rp7.58 Trillion | +5.46% |
| 2013-12-31 | Rp7.19 Trillion | -- |
| 2012-12-31 | Rp0.00 | -- |
| 2011-12-31 | Rp12.84 Billion | -11.14% |
| 2010-12-31 | Rp14.45 Billion | -3.18% |
| 2009-12-31 | Rp14.93 Billion | +25.83% |
| 2008-12-31 | Rp11.86 Billion | -19.08% |
| 2007-12-31 | Rp14.66 Billion | +9.66% |
| 2006-12-31 | Rp13.37 Billion | -1.06% |
| 2005-12-31 | Rp13.51 Billion | -9.94% |
| 2004-12-31 | Rp15.00 Billion | -9.92% |
| 2003-12-31 | Rp16.65 Billion | -10.73% |
| 2002-12-31 | Rp18.66 Billion | -12.16% |
| 2001-12-31 | Rp21.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indoritel Makmur Internasional'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 671359300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp6.71 Trillion | 48.07% |
| Common Stock | Rp3.55 Trillion | 25.39% |
| Other Comprehensive Income | Rp224.79 Billion | 1.61% |
| Other Components | Rp3.48 Trillion | 24.93% |
| Total Equity | Rp13.97 Trillion | 100.00% |
Indoritel Makmur Internasional Competitors by Market Cap
The table below lists competitors of Indoritel Makmur Internasional ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPG Co. Ltd
KQ:058610
|
$1.17 Billion |
|
Shenzhen SDG Information Co Ltd
SHE:000070
|
$1.17 Billion |
|
Deluxe Corporation
NYSE:DLX
|
$1.17 Billion |
|
Beijing Cisri Gaona Materials Tech
SHE:300034
|
$1.17 Billion |
|
Thanachart Capital Public Company Limited
BK:TCAP
|
$1.17 Billion |
|
Brederode
LSE:0QWB
|
$1.17 Billion |
|
Mizuno Corporation
F:MIZ
|
$1.17 Billion |
|
Moneysupermarket.com Group PLC
PINK:MNSKY
|
$1.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indoritel Makmur Internasional's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,821,717,000,000 to 13,966,231,000,000, a change of 1,144,514,000,000 (8.9%).
- Net income of 1,072,071,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 73,443,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.07 Trillion | +7.68% |
| Other Comprehensive Income | Rp73.44 Billion | +0.53% |
| Other Changes | Rp-1.00 Billion | -0.01% |
| Total Change | Rp- | 8.93% |
Book Value vs Market Value Analysis
This analysis compares Indoritel Makmur Internasional'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: 8.96x
- 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 264.95x to 8.96x 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 | Rp33.31 | Rp8825.00 | x |
| 2006-12-31 | Rp42.40 | Rp8825.00 | x |
| 2007-12-31 | Rp36.14 | Rp8825.00 | x |
| 2008-12-31 | Rp29.24 | Rp8825.00 | x |
| 2009-12-31 | Rp36.80 | Rp8825.00 | x |
| 2010-12-31 | Rp35.62 | Rp8825.00 | x |
| 2011-12-31 | Rp31.66 | Rp8825.00 | x |
| 2012-12-31 | Rp35.95 | Rp8825.00 | x |
| 2013-12-31 | Rp959.11 | Rp8825.00 | x |
| 2014-12-31 | Rp534.57 | Rp8825.00 | x |
| 2015-12-31 | Rp554.14 | Rp8825.00 | x |
| 2016-12-31 | Rp580.52 | Rp8825.00 | x |
| 2017-12-31 | Rp599.88 | Rp8825.00 | x |
| 2018-12-31 | Rp628.42 | Rp8825.00 | x |
| 2019-12-31 | Rp653.95 | Rp8825.00 | x |
| 2020-12-31 | Rp696.37 | Rp8825.00 | x |
| 2021-12-31 | Rp761.26 | Rp8825.00 | x |
| 2022-12-31 | Rp855.78 | Rp8825.00 | x |
| 2023-12-31 | Rp903.96 | Rp8825.00 | x |
| 2024-12-31 | Rp984.65 | Rp8825.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indoritel Makmur Internasional 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): 7.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 75.09%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.53x
- Recent ROE (7.68%) is above the historical average (3.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -11.04% | -14.14% | 0.50x | 1.55x | Rp-2.84 Billion |
| 2006 | -1.07% | -1.34% | 0.51x | 1.55x | Rp-1.48 Billion |
| 2007 | 8.81% | 8.38% | 0.67x | 1.56x | Rp-175.11 Million |
| 2008 | 0.66% | 0.49% | 0.77x | 1.76x | Rp-1.11 Billion |
| 2009 | 1.26% | 1.18% | 0.93x | 1.16x | Rp-1.30 Billion |
| 2010 | 3.04% | 2.67% | 0.99x | 1.15x | Rp-1.01 Billion |
| 2011 | 5.41% | 3.78% | 1.07x | 1.33x | Rp-589.97 Million |
| 2012 | 1.74% | 1.59% | 0.83x | 1.32x | Rp-1.05 Billion |
| 2013 | 2.68% | 2137.86% | 0.00x | 1.00x | Rp-526.09 Billion |
| 2014 | 5.18% | 20367.80% | 0.00x | 1.00x | Rp-365.65 Billion |
| 2015 | 5.30% | 4527.98% | 0.00x | 1.01x | Rp-369.30 Billion |
| 2016 | 4.99% | 1813.31% | 0.00x | 1.01x | Rp-412.54 Billion |
| 2017 | 2.45% | 369.63% | 0.01x | 1.28x | Rp-642.51 Billion |
| 2018 | 3.25% | 222.99% | 0.01x | 1.63x | Rp-601.94 Billion |
| 2019 | 5.64% | 202.89% | 0.02x | 1.67x | Rp-404.52 Billion |
| 2020 | 3.33% | 67.26% | 0.03x | 1.74x | Rp-658.90 Billion |
| 2021 | 8.58% | 109.77% | 0.05x | 1.67x | Rp-152.85 Billion |
| 2022 | 10.62% | 113.29% | 0.06x | 1.56x | Rp75.79 Billion |
| 2023 | 5.62% | 51.87% | 0.07x | 1.62x | Rp-561.13 Billion |
| 2024 | 7.68% | 75.09% | 0.07x | 1.53x | Rp-324.55 Billion |
Industry Comparison
This section compares Indoritel Makmur Internasional's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $4,135,223,334,395
- Average return on equity (ROE) among peers: 15.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indoritel Makmur Internasional (DNET) | Rp15.02 Trillion | -11.04% | 0.49x | $1.17 Billion |
| Bali Towerindo Sentra Tbk (BALI) | $2.44 Trillion | 8.68% | 1.13x | $123.29 Million |
| Centratama Telekomunikasi Ind (CENT) | $60.55 Billion | 14.20% | 0.12x | $15.42 Million |
| Pelita Teknologi Global (CHIP) | $6.50 Billion | 77.84% | 4.39x | $14.15 Million |
| Remala Abadi Tbk. (DATA) | $91.58 Billion | 28.54% | 0.61x | $2.00K |
| XL Axiata Tbk PT (EXCL) | $21.63 Trillion | 1.73% | 1.60x | $855.71 Million |
| Smartfren Telecom Tbk (FREN) | $12.74 Trillion | -17.18% | 1.17x | $1.43 Million |
| Gihon Telekomunikasi Indonesia Tbk PT (GHON) | $149.49 Billion | 24.54% | 1.83x | $8.10 Million |
| Inti Bangun Sejahtera Tbk (IBST) | $33.63 Billion | 0.00% | 7.14x | $178.96K |
| PT Sinergi Inti Andalan Prima Tbk (INET) | $65.20 Billion | 2.11% | 0.12x | $58.63 Million |