Elnusa Tbk (ELSA) - Net Assets
Based on the latest financial reports, Elnusa Tbk (ELSA) has net assets worth Rp4.95 Trillion IDR (≈ $290.31 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 (Rp10.55 Trillion ≈ $618.29 Million USD) and total liabilities (Rp5.60 Trillion ≈ $327.98 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 Elnusa Tbk (ELSA) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp4.95 Trillion |
| % of Total Assets | 46.95% |
| Annual Growth Rate | 9.66% |
| 5-Year Change | 31.08% |
| 10-Year Change | 86.08% |
| Growth Volatility | 14.22 |
Elnusa Tbk - Net Assets Trend (2004–2024)
This chart illustrates how Elnusa Tbk's net assets have evolved over time, based on quarterly financial data. Also explore how large is Elnusa Tbk's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Elnusa Tbk (2004–2024)
The table below shows the annual net assets of Elnusa Tbk from 2004 to 2024. For live valuation and market cap data, see Elnusa Tbk (ELSA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp4.90 Trillion ≈ $287.32 Million |
+11.04% |
| 2023-12-31 | Rp4.42 Trillion ≈ $258.76 Million |
+7.26% |
| 2022-12-31 | Rp4.12 Trillion ≈ $241.25 Million |
+8.97% |
| 2021-12-31 | Rp3.78 Trillion ≈ $221.38 Million |
+0.99% |
| 2020-12-31 | Rp3.74 Trillion ≈ $219.20 Million |
+4.59% |
| 2019-12-31 | Rp3.58 Trillion ≈ $209.58 Million |
+8.38% |
| 2018-12-31 | Rp3.30 Trillion ≈ $193.38 Million |
+8.14% |
| 2017-12-31 | Rp3.05 Trillion ≈ $178.83 Million |
+6.05% |
| 2016-12-31 | Rp2.88 Trillion ≈ $168.62 Million |
+9.20% |
| 2015-12-31 | Rp2.64 Trillion ≈ $154.41 Million |
+2.02% |
| 2014-12-31 | Rp2.58 Trillion ≈ $151.35 Million |
+13.04% |
| 2013-12-31 | Rp2.29 Trillion ≈ $133.90 Million |
+11.89% |
| 2012-12-31 | Rp2.04 Trillion ≈ $119.67 Million |
+7.21% |
| 2011-12-31 | Rp1.90 Trillion ≈ $111.62 Million |
-2.32% |
| 2010-12-31 | Rp1.95 Trillion ≈ $114.27 Million |
+1.35% |
| 2009-12-31 | Rp1.92 Trillion ≈ $112.75 Million |
+17.90% |
| 2008-12-31 | Rp1.63 Trillion ≈ $95.63 Million |
+69.28% |
| 2007-12-31 | Rp964.14 Billion ≈ $56.49 Million |
+7.87% |
| 2006-12-31 | Rp893.79 Billion ≈ $52.37 Million |
+8.34% |
| 2005-12-31 | Rp825.00 Billion ≈ $48.34 Million |
+6.43% |
| 2004-12-31 | Rp775.15 Billion ≈ $45.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Elnusa 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 365136400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp3.65 Trillion | 74.49% |
| Common Stock | Rp729.85 Billion | 14.89% |
| Other Comprehensive Income | Rp84.98 Billion | 1.73% |
| Other Components | Rp435.69 Billion | 8.89% |
| Total Equity | Rp4.90 Trillion | 100.00% |
Elnusa Tbk Competitors by Market Cap
The table below lists competitors of Elnusa Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JTL Industries Ltd
NSE:JTLIND
|
$337.96 Million |
|
Jiangsu Xinning Modern Logist
SHE:300013
|
$338.26 Million |
|
Shanghai Aiyingshi Co Ltd
SHG:603214
|
$338.35 Million |
|
USANA Health Sciences Inc
NYSE:USNA
|
$338.50 Million |
|
Aramis SAS
PA:ARAMI
|
$337.84 Million |
|
Shanghai Kai Kai Industry Co Ltd A
SHG:600272
|
$337.84 Million |
|
Gigastorage Corp
TW:2406
|
$337.74 Million |
|
Brunel International NV
AS:BRNL
|
$337.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elnusa Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,414,480,000,000 to 4,901,882,000,000, a change of 487,402,000,000 (11.0%).
- Net income of 713,668,000,000 contributed positively to equity growth.
- Dividend payments of 201,220,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 25,046,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp713.67 Billion | +14.56% |
| Dividends Paid | Rp201.22 Billion | -4.1% |
| Other Comprehensive Income | Rp-25.05 Billion | -0.51% |
| Total Change | Rp- | 11.04% |
Book Value vs Market Value Analysis
This analysis compares Elnusa 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: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.86x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp162.52 | Rp790.00 | x |
| 2008-12-31 | Rp226.31 | Rp790.00 | x |
| 2009-12-31 | Rp265.27 | Rp790.00 | x |
| 2010-12-31 | Rp269.11 | Rp790.00 | x |
| 2011-12-31 | Rp261.22 | Rp790.00 | x |
| 2012-12-31 | Rp278.96 | Rp790.00 | x |
| 2013-12-31 | Rp311.33 | Rp790.00 | x |
| 2014-12-31 | Rp349.59 | Rp790.00 | x |
| 2015-12-31 | Rp356.36 | Rp790.00 | x |
| 2016-12-31 | Rp389.05 | Rp790.00 | x |
| 2017-12-31 | Rp417.53 | Rp790.00 | x |
| 2018-12-31 | Rp451.94 | Rp790.00 | x |
| 2019-12-31 | Rp489.83 | Rp790.00 | x |
| 2020-12-31 | Rp512.36 | Rp790.00 | x |
| 2021-12-31 | Rp517.44 | Rp790.00 | x |
| 2022-12-31 | Rp563.90 | Rp790.00 | x |
| 2023-12-31 | Rp604.85 | Rp790.00 | x |
| 2024-12-31 | Rp671.63 | Rp790.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elnusa 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): 14.56%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.33%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.17x
- Recent ROE (14.56%) is above the historical average (9.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 10.83% | 4.89% | 0.97x | 2.28x | Rp7.90 Billion |
| 2008 | 8.68% | 5.50% | 0.77x | 2.06x | Rp-21.36 Billion |
| 2009 | 24.58% | 12.82% | 0.87x | 2.20x | Rp278.53 Billion |
| 2010 | 3.30% | 1.52% | 1.14x | 1.90x | Rp-129.72 Billion |
| 2011 | -2.27% | -0.91% | 1.07x | 2.33x | Rp-230.83 Billion |
| 2012 | 6.34% | 2.68% | 1.11x | 2.13x | Rp-73.83 Billion |
| 2013 | 10.54% | 5.79% | 0.94x | 1.94x | Rp12.25 Billion |
| 2014 | 16.16% | 9.77% | 0.99x | 1.66x | Rp157.28 Billion |
| 2015 | 14.43% | 9.94% | 0.86x | 1.69x | Rp115.28 Billion |
| 2016 | 10.95% | 8.59% | 0.86x | 1.48x | Rp26.97 Billion |
| 2017 | 8.11% | 4.96% | 1.03x | 1.59x | Rp-57.61 Billion |
| 2018 | 8.38% | 4.17% | 1.17x | 1.72x | Rp-53.54 Billion |
| 2019 | 9.97% | 4.25% | 1.23x | 1.90x | Rp-1.03 Billion |
| 2020 | 6.66% | 3.22% | 1.02x | 2.02x | Rp-124.86 Billion |
| 2021 | 2.88% | 1.34% | 1.12x | 1.92x | Rp-268.91 Billion |
| 2022 | 9.19% | 3.07% | 1.39x | 2.15x | Rp-33.50 Billion |
| 2023 | 11.40% | 4.00% | 1.31x | 2.17x | Rp61.68 Billion |
| 2024 | 14.56% | 5.33% | 1.26x | 2.17x | Rp223.48 Billion |
Industry Comparison
This section compares Elnusa 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: $313,518,957,643
- Average return on equity (ROE) among peers: 6.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elnusa Tbk (ELSA) | Rp4.95 Trillion | 10.83% | 1.13x | $337.85 Million |
| Ratu Prabu Energi Tbk (ARTI) | $928.15 Billion | 4.36% | 0.70x | $183.76K |
| Island Concepts Indonesia Tbk (ICON) | $22.41 Billion | 5.22% | 2.30x | $9.00 Million |
| Mitra International Resources (MIRA) | $20.09 Billion | 6.04% | 3.38x | $5.57 Million |
| PT Multikarya Asia Pacific Ray (MKAP) | $123.67 Billion | 0.87% | 1.11x | $205.67 Million |
| Radiant Utama Interinsco Tbk (RUIS) | $561.80 Billion | 2.45% | 1.27x | $10.38 Million |
| Sillo Maritime Perdana Tbk PT (SHIP) | $24.55 Million | 24.45% | 1.14x | $611.98 Million |
| Ginting Jaya Energi (WOWS) | $538.49 Billion | 2.77% | 0.20x | $11.46 Million |
About Elnusa Tbk
PT Elnusa Tbk provides oil and gas services in Indonesia. The company operates through Integrated Upstream Oil and Gas Services; Oil and Gas Support Services; and Energy Distribution and Logistics Services segments. It offers geophysical/seismic data, oil and gas drilling, and oilfield services; and oil country tubular goods, threading for oil and gas drilling, oil and gas data management, integr… Read more