Indointernet Tbk PT (EDGE) - Net Assets
Based on the latest financial reports, Indointernet Tbk PT (EDGE) has net assets worth Rp1.76 Trillion IDR (≈ $103.32 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 (Rp3.90 Trillion ≈ $228.45 Million USD) and total liabilities (Rp2.14 Trillion ≈ $125.13 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 EDGE financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp1.76 Trillion |
| % of Total Assets | 45.23% |
| Annual Growth Rate | 42.75% |
| 5-Year Change | 450.45% |
| 10-Year Change | N/A |
| Growth Volatility | 74.54 |
Indointernet Tbk PT - Net Assets Trend (2017–2024)
This chart illustrates how Indointernet Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore Indointernet Tbk PT total assets for the complete picture of this company's asset base.
Annual Net Assets for Indointernet Tbk PT (2017–2024)
The table below shows the annual net assets of Indointernet Tbk PT from 2017 to 2024. For live valuation and market cap data, see Indointernet Tbk PT market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.71 Trillion ≈ $100.14 Million |
+16.15% |
| 2023-12-31 | Rp1.47 Trillion ≈ $86.21 Million |
+21.45% |
| 2022-12-31 | Rp1.21 Trillion ≈ $70.98 Million |
+17.38% |
| 2021-12-31 | Rp1.03 Trillion ≈ $60.47 Million |
+232.42% |
| 2020-12-31 | Rp310.46 Billion ≈ $18.19 Million |
-2.31% |
| 2019-12-31 | Rp317.81 Billion ≈ $18.62 Million |
+46.46% |
| 2018-12-31 | Rp217.00 Billion ≈ $12.72 Million |
+53.41% |
| 2017-12-31 | Rp141.46 Billion ≈ $8.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Indointernet Tbk PT'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 771.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.10 Trillion | 64.38% |
| Common Stock | Rp20.20 Billion | 1.19% |
| Other Comprehensive Income | Rp4.04 Billion | 0.24% |
| Other Components | Rp582.61 Billion | 34.20% |
| Total Equity | Rp1.70 Trillion | 100.00% |
Indointernet Tbk PT Competitors by Market Cap
The table below lists competitors of Indointernet Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Epigral Ltd.
NSE:EPIGRAL
|
$567.17 Million |
|
Qinghai Huzhu Barley Wine Co Ltd
SHE:002646
|
$567.18 Million |
|
AMERISAFE Inc
NASDAQ:AMSF
|
$567.23 Million |
|
Qingdao Liqun Department Store Group Co Ltd
SHG:601366
|
$567.38 Million |
|
MERSEN UNSP.ADR 1/5 EO 2
F:CBE0
|
$566.93 Million |
|
COGNYTE SOFTWARE LTD
F:81M
|
$566.87 Million |
|
Peoples Fin
NASDAQ:PFIS
|
$566.79 Million |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
$566.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indointernet Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,466,074,000,000 to 1,703,492,000,000, a change of 237,418,000,000 (16.2%).
- Net income of 232,079,000,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp232.08 Billion | +13.62% |
| Other Changes | Rp5.34 Billion | +0.31% |
| Total Change | Rp- | 16.19% |
Book Value vs Market Value Analysis
This analysis compares Indointernet Tbk PT'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: 5.68x
- 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 13.92x to 5.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Rp344.18 | Rp4790.00 | x |
| 2018-12-31 | Rp531.86 | Rp4790.00 | x |
| 2019-12-31 | Rp779.50 | Rp4790.00 | x |
| 2020-12-31 | Rp786.90 | Rp4790.00 | x |
| 2021-12-31 | Rp2541.04 | Rp4790.00 | x |
| 2022-12-31 | Rp597.17 | Rp4790.00 | x |
| 2023-12-31 | Rp725.69 | Rp4790.00 | x |
| 2024-12-31 | Rp843.21 | Rp4790.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indointernet Tbk PT 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): 13.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.82%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.06x
- Recent ROE (13.62%) is below the historical average (23.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 32.26% | 28.72% | 0.63x | 1.77x | Rp30.95 Billion |
| 2018 | 25.74% | 24.71% | 0.68x | 1.53x | Rp33.82 Billion |
| 2019 | 32.48% | 29.67% | 0.75x | 1.45x | Rp70.80 Billion |
| 2020 | 39.61% | 25.60% | 0.89x | 1.74x | Rp91.03 Billion |
| 2021 | 12.03% | 19.93% | 0.49x | 1.24x | Rp20.84 Billion |
| 2022 | 15.42% | 22.63% | 0.51x | 1.33x | Rp65.41 Billion |
| 2023 | 17.26% | 26.63% | 0.35x | 1.86x | Rp106.49 Billion |
| 2024 | 13.62% | 22.82% | 0.29x | 2.06x | Rp61.73 Billion |
Industry Comparison
This section compares Indointernet Tbk PT's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $610,139,278,635
- Average return on equity (ROE) among peers: 8.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indointernet Tbk PT (EDGE) | Rp1.76 Trillion | 32.26% | 1.21x | $567.03 Million |
| Dunia Virtual Online Tbk Pt (AREA) | $162.67 Billion | 2.11% | 0.38x | $48.21 Million |
| Anabatic Technologies Tbk PT (ATIC) | $152.81 Billion | 14.62% | 4.02x | $73.94 Million |
| DCI Indonesia Tbk PT (DCII) | $2.21 Trillion | 23.30% | 0.67x | $27.69 Billion |
| Envy Technologies Indonesia Tbk PT (ENVY) | $275.09 Billion | -10.10% | 0.18x | $5.27 Million |
| Multipolar Technology Tbk (MLPT) | $79.68 Billion | 0.00% | 3.77x | $2.37 Billion |
| Mastersystem Infotama Tbk. (MSTI) | $1.24 Trillion | 32.24% | 0.88x | $248.34 Million |
| Indosterling Technomedia Tbk (TECH) | $53.02 Billion | 3.13% | 0.23x | $3.68 Million |
| Solusi Sinergi Digital Tbk PT (WIFI) | $515.96 Billion | 5.00% | 0.74x | $730.99 Million |
| Wir Asia Tbk PT (WIRG) | $807.69 Billion | 9.15% | 0.78x | $55.26 Million |
About Indointernet Tbk PT
PT Indointernet Tbk. provides network connection, cloud, and data center services in Indonesia. It offers network connection services using fiber optic, satellite, and wireless media to retail and corporate customers in various industry segments, such as the financial industry, e-commerce platforms, and other industries. The company also provides data center services for corporate customers from … Read more