Gunawan Dianjaya Steel Tbk
PT Gunawan Dianjaya Steel Tbk manufactures and sells hot rolled steel plates in Indonesia. It provides steel plates for general use, such as low carbon structural steel plates and high strength low alloy structural steel plates; steel plates for boilers and pressure vessels; and steel plates for ship building, including hull structural steel plates and high tensile steels. The company also export… Read more
Gunawan Dianjaya Steel Tbk (GDST) - Net Assets
Latest net assets as of September 2025: Rp1.42 Trillion IDR
Based on the latest financial reports, Gunawan Dianjaya Steel Tbk (GDST) has net assets worth Rp1.42 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 (Rp3.05 Trillion) and total liabilities (Rp1.63 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 | Rp1.42 Trillion |
| % of Total Assets | 46.64% |
| Annual Growth Rate | 13.73% |
| 5-Year Change | 60.14% |
| 10-Year Change | 68.6% |
| Growth Volatility | 42.12 |
Gunawan Dianjaya Steel Tbk - Net Assets Trend (2008–2024)
This chart illustrates how Gunawan Dianjaya Steel 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 Gunawan Dianjaya Steel Tbk (2008–2024)
The table below shows the annual net assets of Gunawan Dianjaya Steel Tbk from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.36 Trillion | +6.46% |
| 2023-12-31 | Rp1.27 Trillion | +20.20% |
| 2022-12-31 | Rp1.06 Trillion | +34.48% |
| 2021-12-31 | Rp788.10 Billion | -6.94% |
| 2020-12-31 | Rp846.88 Billion | -7.69% |
| 2019-12-31 | Rp917.39 Billion | +2.39% |
| 2018-12-31 | Rp895.98 Billion | +6.00% |
| 2017-12-31 | Rp845.28 Billion | +1.58% |
| 2016-12-31 | Rp832.12 Billion | +3.45% |
| 2015-12-31 | Rp804.41 Billion | -7.59% |
| 2014-12-31 | Rp870.45 Billion | -1.58% |
| 2013-12-31 | Rp884.41 Billion | +11.54% |
| 2012-12-31 | Rp792.92 Billion | +6.38% |
| 2011-12-31 | Rp745.37 Billion | +15.43% |
| 2010-12-31 | Rp645.71 Billion | +36.14% |
| 2009-12-31 | Rp474.29 Billion | +173.82% |
| 2008-12-31 | Rp173.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gunawan Dianjaya Steel 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 52836754426900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp276.29 Billion | 20.37% |
| Common Stock | Rp924.25 Billion | 68.15% |
| Other Comprehensive Income | Rp-13.81 Billion | -1.02% |
| Other Components | Rp169.47 Billion | 12.50% |
| Total Equity | Rp1.36 Trillion | 100.00% |
Gunawan Dianjaya Steel Tbk Competitors by Market Cap
The table below lists competitors of Gunawan Dianjaya Steel Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Karsten S.A
SA:CTKA3
|
$6.35 Million |
|
"Clip Money Inc."
V:CLIP
|
$6.35 Million |
|
Triumph Gold Corp
PINK:TIGCF
|
$6.36 Million |
|
AMERICAN POTASH CORP.
F:2P3
|
$6.36 Million |
|
Pescanova SA
MC:PVA
|
$6.35 Million |
|
e-future.Co.Ltd
KQ:134060
|
$6.35 Million |
|
Jade Marvel Group Bhd
KLSE:7043
|
$6.35 Million |
|
Grand Green Energy Co., LTD.
TWO:6639
|
$6.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gunawan Dianjaya Steel Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,273,902,400,032 to 1,356,204,297,000, a change of 82,301,896,968 (6.5%).
- Net income of 104,677,999,000 contributed positively to equity growth.
- Dividend payments of 118,077,716,000 reduced retained earnings.
- Share repurchases of 95,979,511,590 reduced equity.
- New share issuances of 95,979,511,593 increased equity.
- Other comprehensive income decreased equity by 163,297,044.
- Other factors increased equity by 95,864,911,009.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp104.68 Billion | +7.72% |
| Dividends Paid | Rp118.08 Billion | -8.71% |
| Share Repurchases | Rp95.98 Billion | -7.08% |
| Share Issuances | Rp95.98 Billion | +7.08% |
| Other Comprehensive Income | Rp-163.30 Million | -0.01% |
| Other Changes | Rp95.86 Billion | +7.07% |
| Total Change | Rp- | 6.46% |
Book Value vs Market Value Analysis
This analysis compares Gunawan Dianjaya Steel 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: 0.66x
- 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 1.99x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp51.31 | Rp102.00 | x |
| 2009-12-31 | Rp82.10 | Rp102.00 | x |
| 2010-12-31 | Rp78.75 | Rp102.00 | x |
| 2011-12-31 | Rp90.90 | Rp102.00 | x |
| 2012-12-31 | Rp96.70 | Rp102.00 | x |
| 2013-12-31 | Rp107.86 | Rp102.00 | x |
| 2014-12-31 | Rp106.15 | Rp102.00 | x |
| 2015-12-31 | Rp98.10 | Rp102.00 | x |
| 2016-12-31 | Rp101.48 | Rp102.00 | x |
| 2017-12-31 | Rp112.40 | Rp102.00 | x |
| 2018-12-31 | Rp115.75 | Rp102.00 | x |
| 2019-12-31 | Rp108.63 | Rp102.00 | x |
| 2020-12-31 | Rp99.73 | Rp102.00 | x |
| 2021-12-31 | Rp92.78 | Rp102.00 | x |
| 2022-12-31 | Rp124.74 | Rp102.00 | x |
| 2023-12-31 | Rp149.86 | Rp102.00 | x |
| 2024-12-31 | Rp155.05 | Rp102.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gunawan Dianjaya Steel 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): 7.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.03%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 2.03x
- Recent ROE (7.72%) is above the historical average (5.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 47.96% | 2.75% | 1.44x | 12.08x | Rp65.75 Billion |
| 2009 | -31.64% | -9.14% | 1.69x | 2.05x | Rp-197.48 Billion |
| 2010 | 26.55% | 10.02% | 1.59x | 1.66x | Rp106.86 Billion |
| 2011 | 13.37% | 4.76% | 2.14x | 1.31x | Rp25.14 Billion |
| 2012 | 5.88% | 2.83% | 1.42x | 1.47x | Rp-32.70 Billion |
| 2013 | 10.39% | 6.52% | 1.18x | 1.35x | Rp3.44 Billion |
| 2014 | -1.60% | -1.15% | 0.90x | 1.56x | Rp-100.98 Billion |
| 2015 | -6.86% | -6.04% | 0.77x | 1.47x | Rp-135.65 Billion |
| 2016 | 3.81% | 4.19% | 0.60x | 1.51x | Rp-51.51 Billion |
| 2017 | 1.22% | 0.84% | 0.95x | 1.52x | Rp-74.24 Billion |
| 2018 | -9.80% | -5.64% | 1.15x | 1.51x | Rp-177.40 Billion |
| 2019 | 2.92% | 1.45% | 1.05x | 1.92x | Rp-64.93 Billion |
| 2020 | -9.19% | -5.85% | 0.84x | 1.88x | Rp-162.53 Billion |
| 2021 | -8.08% | -3.81% | 1.06x | 2.01x | Rp-142.52 Billion |
| 2022 | 25.82% | 10.55% | 1.23x | 1.99x | Rp167.69 Billion |
| 2023 | 16.72% | 8.44% | 1.13x | 1.75x | Rp85.60 Billion |
| 2024 | 7.72% | 4.03% | 0.94x | 2.03x | Rp-30.94 Billion |
Industry Comparison
This section compares Gunawan Dianjaya Steel Tbk's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $492,105,481,169
- Average return on equity (ROE) among peers: 4.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gunawan Dianjaya Steel Tbk (GDST) | Rp1.42 Trillion | 47.96% | 1.14x | $6.35 Million |
| Saranacentral Bajatama Tbk (BAJA) | $127.84 Billion | 43.12% | 4.95x | $3.59 Million |
| Betonjaya Manunggal Tbk (BTON) | $158.27 Billion | 7.18% | 0.16x | $1.70 Million |
| Gunung Raja Paksi (GGRP) | $924.45 Million | 4.03% | 0.33x | $21.65 Million |
| Steel Pipe Industry Of Indonesia (ISSP) | $2.65 Trillion | 3.89% | 1.28x | $68.80 Million |
| Krakatau Steel Persero Tbk (KRAS) | $891.87 Million | -16.80% | 1.91x | $72.78 Million |
| Ladangbaja Murni PT Tbk (LABA) | $19.65 Billion | -17.07% | 1.17x | $3.71 Million |