Gunung Raja Paksi (GGRP) - Net Assets
Based on the latest financial reports, Gunung Raja Paksi (GGRP) has net assets worth Rp636.54 Million IDR (≈ $37.30K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp850.94 Million ≈ $49.86K USD) and total liabilities (Rp214.41 Million ≈ $12.56K 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 strategic asset allocation of Gunung Raja Paksi to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp636.54 Million |
| % of Total Assets | 74.8% |
| Annual Growth Rate | 2.5% |
| 5-Year Change | -13.18% |
| 10-Year Change | N/A |
| Growth Volatility | 14.26 |
Gunung Raja Paksi - Net Assets Trend (2016–2025)
This chart illustrates how Gunung Raja Paksi's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Gunung Raja Paksi market capitalisation.
Annual Net Assets for Gunung Raja Paksi (2016–2025)
The table below shows the annual net assets of Gunung Raja Paksi from 2016 to 2025. Also explore Gunung Raja Paksi equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp653.82 Million ≈ $38.31K |
-5.31% |
| 2024-12-31 | Rp690.52 Million ≈ $40.46K |
-25.30% |
| 2023-12-31 | Rp924.45 Million ≈ $54.17K |
+14.66% |
| 2022-12-31 | Rp806.22 Million ≈ $47.24K |
+7.06% |
| 2021-12-31 | Rp753.06 Million ≈ $44.13K |
+9.11% |
| 2020-12-31 | Rp690.18 Million ≈ $40.44K |
-0.23% |
| 2019-12-31 | Rp691.74 Million ≈ $40.53K |
+30.27% |
| 2018-12-31 | Rp531.00 Million ≈ $31.11K |
+2.55% |
| 2017-12-31 | Rp517.78 Million ≈ $30.34K |
-1.13% |
| 2016-12-31 | Rp523.68 Million ≈ $30.69K |
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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 649.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp254.41 Million | 38.91% |
| Common Stock | Rp160.59 Million | 24.56% |
| Other Comprehensive Income | Rp36.43 Million | 5.57% |
| Other Components | Rp202.40 Million | 30.96% |
| Total Equity | Rp653.82 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 |
|---|---|
|
Putnam Managed Municipal Income Closed Fund
NYSE:PMM
|
$238.58 Million |
|
China Glaze Co Ltd
TW:1809
|
$238.67 Million |
|
Panora Gayrimenkul Yatirim Ortakligi AS
IS:PAGYO
|
$238.70 Million |
|
Global Partner Acquisition II Corp
NASDAQ:GPAC
|
$238.73 Million |
|
Fynske Bank A/S
CO:FYNBK
|
$238.38 Million |
|
First Savings Financial Group Inc
NASDAQ:FSFG
|
$238.37 Million |
|
Activate Energy Acquisition Corp. Class A Ordinary Share
NASDAQ:AEAQ
|
$238.34 Million |
|
Shanghai Mechanical & Electrical Industry Co Ltd B
SHG:900925
|
$238.34 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 2024 to 2025, total equity changed from 690,520,967 to 653,821,926, a change of -36,699,041 (-5.3%).
- Net loss of 36,384,060 reduced equity.
- Other comprehensive income increased equity by 36,429,374.
- Other factors decreased equity by 36,744,355.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-36.38 Million | -5.56% |
| Other Comprehensive Income | Rp36.43 Million | +5.57% |
| Other Changes | Rp-36.74 Million | -5.62% |
| Total Change | Rp- | -5.31% |
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: 6224.05x
- 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 4081.93x to 6224.05x 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 | Rp336.00 | x |
| 2017-12-31 | Rp0.04 | Rp336.00 | x |
| 2018-12-31 | Rp0.04 | Rp336.00 | x |
| 2019-12-31 | Rp0.06 | Rp336.00 | x |
| 2020-12-31 | Rp0.06 | Rp336.00 | x |
| 2021-12-31 | Rp0.06 | Rp336.00 | x |
| 2022-12-31 | Rp0.06 | Rp336.00 | x |
| 2023-12-31 | Rp0.07 | Rp336.00 | x |
| 2024-12-31 | Rp0.06 | Rp336.00 | x |
| 2025-12-31 | Rp0.05 | Rp336.00 | 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): -5.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.66%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.11x
- Recent ROE (-5.56%) is below the historical average (4.03%), suggesting potential challenges in 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 |
| 2025 | -5.56% | -19.66% | 0.26x | 1.11x | Rp-101.77 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: $988,306,974,119
- Average return on equity (ROE) among peers: 0.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gunung Raja Paksi (GGRP) | Rp636.54 Million | 3.23% | 0.34x | $238.45 Million |
| Saranacentral Bajatama Tbk (BAJA) | $161.63 Billion | -5.78% | 4.87x | $35.23 Million |
| Betonjaya Manunggal Tbk (BTON) | $257.24 Billion | 6.81% | 0.41x | $15.36 Million |
| Gunawan Dianjaya Steel Tbk (GDST) | $832.12 Billion | 3.81% | 0.51x | $59.03 Million |
| Steel Pipe Industry Of Indonesia (ISSP) | $4.62 Trillion | 10.78% | 0.73x | $164.45 Million |
| Krakatau Steel Persero Tbk (KRAS) | $1.85 Billion | -4.41% | 1.22x | $253.93 Million |
| Ladangbaja Murni PT Tbk (LABA) | $58.65 Billion | -7.75% | 0.13x | $6.92 Million |
About 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, expanded mesh, cold rolled coils, lipped channels, spiral pipes, and welded beams; cut to shape, beam boxes, cell beams, honeycombs, UNP, and L-angle products; and equal angle, rectangular hollow section, square hollow section, and unequal angle cold… Read more