Wijaya Cahaya Timber
PT Wijaya Cahaya Timber Tbk manufactures and sells plywood products for industrial and residential needs in Indonesia. The company offers falcata, meranti/mixed light hardwood, white and natural birch, and veneer products. It also engages in the manufacture of ordinary plywood, such as plywood, multiply, interior, exterior, and related products, as well as coating shavings. In addition, the compa… Read more
Wijaya Cahaya Timber (FWCT) - Net Assets
Latest net assets as of September 2025: Rp382.41 Billion IDR
Based on the latest financial reports, Wijaya Cahaya Timber (FWCT) has net assets worth Rp382.41 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 (Rp746.25 Billion) and total liabilities (Rp363.84 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 | Rp382.41 Billion |
| % of Total Assets | 51.24% |
| Annual Growth Rate | 20.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 15.68 |
Wijaya Cahaya Timber - Net Assets Trend (2021–2024)
This chart illustrates how Wijaya Cahaya Timber's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wijaya Cahaya Timber (2021–2024)
The table below shows the annual net assets of Wijaya Cahaya Timber from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp335.00 Billion | +17.76% |
| 2023-12-31 | Rp284.47 Billion | +49.13% |
| 2021-12-31 | Rp190.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wijaya Cahaya Timber'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 9.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp143.54 Billion | 42.85% |
| Common Stock | Rp187.50 Billion | 55.97% |
| Other Components | Rp3.96 Billion | 1.18% |
| Total Equity | Rp335.00 Billion | 100.00% |
Wijaya Cahaya Timber Competitors by Market Cap
The table below lists competitors of Wijaya Cahaya Timber ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vitania Ltd
TA:VTNA
|
$2.74 Million |
|
Victory Resources Corporation
PINK:VRCFF
|
$2.74 Million |
|
Olympio Metals Ltd
AU:OLY
|
$2.75 Million |
|
Victoria Insurance Tbk PT
JK:VINS
|
$2.75 Million |
|
Fathom Nickel Inc
OTCQB:FNICF
|
$2.74 Million |
|
Fast Finance Pay Corp.
PINK:FFPP
|
$2.74 Million |
|
Winfarm
PA:ALWF
|
$2.74 Million |
|
Oragenics Inc
NYSE MKT:OGEN
|
$2.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wijaya Cahaya Timber's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 284,474,168,770 to 334,999,389,810, a change of 50,525,221,040 (17.8%).
- Net income of 69,437,417,120 contributed positively to equity growth.
- Dividend payments of 18,750,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp69.44 Billion | +20.73% |
| Dividends Paid | Rp18.75 Billion | -5.6% |
| Other Changes | Rp-162.20 Million | -0.05% |
| Total Change | Rp- | 17.76% |
Book Value vs Market Value Analysis
This analysis compares Wijaya Cahaya Timber'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: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.24x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Rp101.74 | Rp126.00 | x |
| 2023-12-31 | Rp151.72 | Rp126.00 | x |
| 2024-12-31 | Rp178.67 | Rp126.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wijaya Cahaya Timber 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): 20.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.30%
- • Asset Turnover: 1.99x
- • Equity Multiplier: 1.96x
- Recent ROE (20.73%) is above the historical average (17.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 14.57% | 4.37% | 1.67x | 1.99x | Rp13.01 Billion |
| 2024 | 20.73% | 5.30% | 1.99x | 1.96x | Rp35.94 Billion |
Industry Comparison
This section compares Wijaya Cahaya Timber's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $269,970,342,581
- Average return on equity (ROE) among peers: -38.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wijaya Cahaya Timber (FWCT) | Rp382.41 Billion | 14.57% | 0.95x | $2.74 Million |
| Indonesia Fibreboard Industry PT (IFII) | $1.08 Trillion | 7.60% | 0.07x | $24.40 Million |
| Darmi Bersaudara Tbk PT (KAYU) | $78.10 Billion | 4.23% | 0.35x | $453.44K |
| Singaraja Putra (SINI) | $-9.43 Billion | 0.00% | 0.00x | $136.23 Million |
| Slj Global Tbk (SULI) | $4.56 Million | -202.78% | 22.01x | $689.43K |
| Tirta Mahakam Resources Tbk (TIRT) | $197.81 Billion | 0.65% | 1.88x | $2.74 Million |