Fortune Mate Indonesia Tbk
PT Fortune Mate Indonesia Tbk, together with its subsidiaries, provides real estate development and construction services in Indonesia. It also engages in trading and professional activities. The company's project portfolio includes land, residential, office, and industrial properties. PT Fortune Mate Indonesia Tbk was founded in 1989 and is based in Surabaya, Indonesia.
Fortune Mate Indonesia Tbk (FMII) - Net Assets
Latest net assets as of September 2025: Rp695.07 Billion IDR
Based on the latest financial reports, Fortune Mate Indonesia Tbk (FMII) has net assets worth Rp695.07 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp762.90 Billion) and total liabilities (Rp67.84 Billion). 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 | Rp695.07 Billion |
| % of Total Assets | 91.11% |
| Annual Growth Rate | 5.97% |
| 5-Year Change | 8.71% |
| 10-Year Change | 52.64% |
| Growth Volatility | 18.77 |
Fortune Mate Indonesia Tbk - Net Assets Trend (2009–2024)
This chart illustrates how Fortune Mate Indonesia Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fortune Mate Indonesia Tbk (2009–2024)
The table below shows the annual net assets of Fortune Mate Indonesia Tbk from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp679.66 Billion | +1.55% |
| 2023-12-31 | Rp669.32 Billion | +2.66% |
| 2022-12-31 | Rp652.00 Billion | +2.56% |
| 2021-12-31 | Rp635.70 Billion | +1.68% |
| 2020-12-31 | Rp625.18 Billion | -0.36% |
| 2019-12-31 | Rp627.47 Billion | -7.11% |
| 2018-12-31 | Rp675.49 Billion | -0.94% |
| 2017-12-31 | Rp681.89 Billion | +1.36% |
| 2016-12-31 | Rp672.71 Billion | +51.08% |
| 2015-12-31 | Rp445.27 Billion | +55.79% |
| 2014-12-31 | Rp285.82 Billion | +0.86% |
| 2013-12-31 | Rp283.40 Billion | +13.43% |
| 2012-12-31 | Rp249.84 Billion | +0.39% |
| 2011-12-31 | Rp248.87 Billion | -10.76% |
| 2010-12-31 | Rp278.87 Billion | -2.03% |
| 2009-12-31 | Rp284.65 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fortune Mate Indonesia 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 6615278756500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp31.46 Billion | 4.63% |
| Common Stock | Rp640.00 Billion | 94.20% |
| Other Comprehensive Income | Rp10.45 Billion | 1.54% |
| Total Equity | Rp679.38 Billion | 100.00% |
Fortune Mate Indonesia Tbk Competitors by Market Cap
The table below lists competitors of Fortune Mate Indonesia Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Young Bag Micro Motors Co Ltd
KQ:193250
|
$10.50 Million |
|
Biovie Inc
NASDAQ:BIVI
|
$10.50 Million |
|
Ryukil C&S Ltd
KQ:191410
|
$10.50 Million |
|
Four Nines Gold Inc
OTCQB:FNAUF
|
$10.51 Million |
|
ICE FISH FARM AS NK-10
F:4YYA
|
$10.49 Million |
|
FIGENE CAPITAL SA ZY 1
F:20X
|
$10.48 Million |
|
AGROLAND BUSINESS SYSTEM
RO:AG
|
$10.48 Million |
|
Alien Metals Ltd
PINK:ASLRF
|
$10.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fortune Mate Indonesia Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 669,030,783,000 to 679,377,905,432, a change of 10,347,122,432 (1.5%).
- Net income of 10,365,209,350 contributed positively to equity growth.
- Other comprehensive income increased equity by 8,071,732,316.
- Other factors decreased equity by 8,089,819,234.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp10.37 Billion | +1.53% |
| Other Comprehensive Income | Rp8.07 Billion | +1.19% |
| Other Changes | Rp-8.09 Billion | -1.19% |
| Total Change | Rp- | 1.55% |
Book Value vs Market Value Analysis
This analysis compares Fortune Mate Indonesia 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: 2.07x
- 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 1.67x to 2.07x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Rp131.93 | Rp220.00 | x |
| 2010-12-31 | Rp76.74 | Rp220.00 | x |
| 2011-12-31 | Rp75.00 | Rp220.00 | x |
| 2012-12-31 | Rp80.49 | Rp220.00 | x |
| 2013-12-31 | Rp86.13 | Rp220.00 | x |
| 2014-12-31 | Rp86.94 | Rp220.00 | x |
| 2015-12-31 | Rp113.27 | Rp220.00 | x |
| 2016-12-31 | Rp193.79 | Rp220.00 | x |
| 2017-12-31 | Rp196.77 | Rp220.00 | x |
| 2018-12-31 | Rp199.61 | Rp220.00 | x |
| 2019-12-31 | Rp98.00 | Rp220.00 | x |
| 2020-12-31 | Rp195.28 | Rp220.00 | x |
| 2021-12-31 | Rp99.28 | Rp220.00 | x |
| 2022-12-31 | Rp101.83 | Rp220.00 | x |
| 2023-12-31 | Rp209.07 | Rp220.00 | x |
| 2024-12-31 | Rp106.15 | Rp220.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fortune Mate Indonesia 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): 1.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.35%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.14x
- Recent ROE (1.53%) is below the historical average (4.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -3.72% | -53.11% | 0.06x | 1.27x | Rp-33.22 Billion |
| 2010 | -2.24% | -48.17% | 0.03x | 1.47x | Rp-29.00 Billion |
| 2011 | -1.17% | -11.47% | 0.07x | 1.50x | Rp-26.14 Billion |
| 2012 | 0.44% | 2.74% | 0.11x | 1.51x | Rp-22.49 Billion |
| 2013 | -2.91% | -15.41% | 0.12x | 1.60x | Rp-34.70 Billion |
| 2014 | 0.93% | 5.67% | 0.10x | 1.69x | Rp-24.61 Billion |
| 2015 | 23.26% | 34.43% | 0.41x | 1.65x | Rp46.88 Billion |
| 2016 | 41.46% | 62.37% | 0.52x | 1.28x | Rp190.27 Billion |
| 2017 | 1.44% | 25.05% | 0.04x | 1.31x | Rp-52.58 Billion |
| 2018 | 0.95% | 13.68% | 0.05x | 1.51x | Rp-56.38 Billion |
| 2019 | 0.43% | 3.23% | 0.09x | 1.42x | Rp-60.00 Billion |
| 2020 | -0.24% | -2.89% | 0.06x | 1.39x | Rp-63.97 Billion |
| 2021 | 1.35% | 16.23% | 0.06x | 1.37x | Rp-54.98 Billion |
| 2022 | 2.65% | 33.02% | 0.07x | 1.16x | Rp-47.88 Billion |
| 2023 | 2.59% | 40.77% | 0.05x | 1.17x | Rp-49.54 Billion |
| 2024 | 1.53% | 29.35% | 0.05x | 1.14x | Rp-57.57 Billion |
Industry Comparison
This section compares Fortune Mate Indonesia Tbk's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,998,725,518,942
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fortune Mate Indonesia Tbk (FMII) | Rp695.07 Billion | -3.72% | 0.10x | $10.50 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.57 Trillion | 4.51% | 1.58x | $6.68 Million |
| Makmur Berkah Amanda Pt (AMAN) | $709.54 Billion | 7.78% | 0.53x | $8.15 Million |
| Agung Podomoro Land Tbk (APLN) | $6.35 Trillion | 12.79% | 1.39x | $21.65 Million |
| Alam Sutera Realty Tbk (ASRI) | $2.79 Trillion | 21.63% | 1.16x | $78.83 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $128.84 Billion | -2.88% | 0.05x | $1.06 Million |
| Bhakti Agung Propertindo (BAPI) | $428.73 Billion | -0.57% | 0.46x | $2.99 Million |
| Bumi Citra Permai Tbk (BCIP) | $73.69 Billion | 2.96% | 0.68x | $3.82 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $695.65 Billion | -3.52% | 2.41x | $556.90K |
| Sentul City Tbk (BKSL) | $4.59 Trillion | 2.95% | 0.15x | $112.63 Million |
| Wulandari Bangun Laksana (BSBK) | $1.65 Trillion | 0.24% | 0.53x | $13.48 Million |