Gunung Raja Paksi
PT Gunung Raja Paksi Tbk produces and sells steel and steel products. The company offers hot rolled coils, steel plates, and coil plates; ERW pipes, cold rolled coils, lipped channels, and welded beams; cut to shape, beam boxes, cell beams, honeycombs, UNP, L-angles, H-beams, wide flanges, T-beams, and plates; and equal angles, rectangular hollow section, square hollow section, unequal angles, ex… Read more
Gunung Raja Paksi (GGRP) - Net Assets
Latest net assets as of September 2025: Rp655.65 Million IDR
Based on the latest financial reports, Gunung Raja Paksi (GGRP) has net assets worth Rp655.65 Million IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp722.63 Million) and total liabilities (Rp66.98 Million). 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 | Rp655.65 Million |
| % of Total Assets | 90.73% |
| Annual Growth Rate | 3.52% |
| 5-Year Change | 0.05% |
| 10-Year Change | N/A |
| Growth Volatility | 14.75 |
Gunung Raja Paksi - Net Assets Trend (2016–2024)
This chart illustrates how Gunung Raja Paksi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gunung Raja Paksi (2016–2024)
The table below shows the annual net assets of Gunung Raja Paksi from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp690.52 Million | -25.30% |
| 2023-12-31 | Rp924.45 Million | +14.66% |
| 2022-12-31 | Rp806.22 Million | +7.06% |
| 2021-12-31 | Rp753.06 Million | +9.11% |
| 2020-12-31 | Rp690.18 Million | -0.23% |
| 2019-12-31 | Rp691.74 Million | +30.27% |
| 2018-12-31 | Rp531.00 Million | +2.55% |
| 2017-12-31 | Rp517.78 Million | -1.13% |
| 2016-12-31 | Rp523.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gunung Raja Paksi'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 757.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp291.12 Million | 42.16% |
| Common Stock | Rp160.51 Million | 23.24% |
| Other Components | Rp238.90 Million | 34.60% |
| Total Equity | Rp690.52 Million | 100.00% |
Gunung Raja Paksi Competitors by Market Cap
The table below lists competitors of Gunung Raja Paksi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
India Tourism Development Corporation Limited
NSE:ITDC
|
$21.66 Million |
|
M.J. International Co Ltd
TW:8466
|
$21.66 Million |
|
Chiang Mai Ram Medical Business Public Company Limited
BK:CMR
|
$21.67 Million |
|
Etherstack Plc
AU:ESK
|
$21.67 Million |
|
Agung Podomoro Land Tbk
JK:APLN
|
$21.65 Million |
|
Cheuk Nang (Holdings) Limited
F:CQH3
|
$21.64 Million |
|
Hojeon Ltd
KO:111110
|
$21.63 Million |
|
Componenta Corp
HE:CTH1V
|
$21.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gunung Raja Paksi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 843,562,894 to 690,520,967, a change of -153,041,927 (-18.1%).
- Net income of 124,073,625 contributed positively to equity growth.
- Share repurchases of 277,183,434 reduced equity.
- Other comprehensive income decreased equity by 23,738,590.
- Other factors increased equity by 23,806,472.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp124.07 Million | +17.97% |
| Share Repurchases | Rp277.18 Million | -40.14% |
| Other Comprehensive Income | Rp-23.74 Million | -3.44% |
| Other Changes | Rp23.81 Million | +3.45% |
| Total Change | Rp- | -18.14% |
Book Value vs Market Value Analysis
This analysis compares Gunung Raja Paksi'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: 5261.84x
- 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 increased from 3644.58x to 5261.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp0.08 | Rp300.00 | x |
| 2017-12-31 | Rp0.04 | Rp300.00 | x |
| 2018-12-31 | Rp0.04 | Rp300.00 | x |
| 2019-12-31 | Rp0.06 | Rp300.00 | x |
| 2020-12-31 | Rp0.06 | Rp300.00 | x |
| 2021-12-31 | Rp0.06 | Rp300.00 | x |
| 2022-12-31 | Rp0.06 | Rp300.00 | x |
| 2023-12-31 | Rp0.07 | Rp300.00 | x |
| 2024-12-31 | Rp0.06 | Rp300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gunung Raja Paksi 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): 17.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.27%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.15x
- Recent ROE (17.97%) is above the historical average (5.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.23% | 2.79% | 0.76x | 1.52x | Rp-35.46 Million |
| 2017 | 5.50% | 3.65% | 0.80x | 1.90x | Rp-23.27 Million |
| 2018 | 3.58% | 2.19% | 0.76x | 2.16x | Rp-34.12 Million |
| 2019 | -3.00% | -2.52% | 0.77x | 1.55x | Rp-89.94 Million |
| 2020 | -1.30% | -1.46% | 0.59x | 1.50x | Rp-77.97 Million |
| 2021 | 8.22% | 8.58% | 0.68x | 1.42x | Rp-13.41 Million |
| 2022 | 7.24% | 6.18% | 0.80x | 1.47x | Rp-22.22 Million |
| 2023 | 4.42% | 5.25% | 0.58x | 1.46x | Rp-47.09 Million |
| 2024 | 17.97% | 35.27% | 0.44x | 1.15x | Rp55.02 Million |
Industry Comparison
This section compares Gunung Raja Paksi's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $520,820,279,214
- Average return on equity (ROE) among peers: 11.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gunung Raja Paksi (GGRP) | Rp655.65 Million | 3.23% | 0.10x | $21.65 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 |
| Gunawan Dianjaya Steel Tbk (GDST) | $173.21 Billion | 47.96% | 11.08x | $6.35 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 |