Gihon Telekomunikasi Indonesia Tbk PT

JK:GHON Indonesia Telecom Services
Market Cap
$61.02 Million
Rp992.75 Billion IDR
Market Cap Rank
#29458 Global
#491 in Indonesia
Share Price
Rp1805.00
Change (1 day)
-0.28%
52-Week Range
Rp1395.00 - Rp2040.00
All Time High
Rp2399.21
About

PT Gihon Telekomunikasi Indonesia Tbk provides telecommunications tower leasing services in Indonesia. The company engages in the engineering, design, construction, installation, and network integration of telecommunication Industry. It also provides telecommunications infrastructure services, including maintenance, operation, and maintenance of sites and network. The company was founded in 2001 … Read more

Gihon Telekomunikasi Indonesia Tbk PT (GHON) - Net Assets

Latest net assets as of September 2025: Rp799.08 Billion IDR

Based on the latest financial reports, Gihon Telekomunikasi Indonesia Tbk PT (GHON) has net assets worth Rp799.08 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 (Rp1.39 Trillion) and total liabilities (Rp586.75 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 Rp799.08 Billion
% of Total Assets 57.66%
Annual Growth Rate 27.2%
5-Year Change 26.14%
10-Year Change 897.12%
Growth Volatility 46.75

Gihon Telekomunikasi Indonesia Tbk PT - Net Assets Trend (2014–2024)

This chart illustrates how Gihon Telekomunikasi Indonesia Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Gihon Telekomunikasi Indonesia Tbk PT (2014–2024)

The table below shows the annual net assets of Gihon Telekomunikasi Indonesia Tbk PT from 2014 to 2024.

Year Net Assets Change
2024-12-31 Rp844.92 Billion +1.18%
2023-12-31 Rp835.04 Billion +6.95%
2022-12-31 Rp780.81 Billion +8.59%
2021-12-31 Rp719.02 Billion +7.34%
2020-12-31 Rp669.85 Billion +11.40%
2019-12-31 Rp601.31 Billion +53.33%
2018-12-31 Rp392.16 Billion +162.33%
2017-12-31 Rp149.49 Billion +54.70%
2016-12-31 Rp96.63 Billion +14.04%
2015-12-31 Rp84.74 Billion +11.27%
2014-12-31 Rp76.15 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Gihon Telekomunikasi Indonesia Tbk PT'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 689.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp413.80 Billion 49.91%
Common Stock Rp55.00 Billion 6.63%
Other Comprehensive Income Rp199.71 Billion 24.09%
Other Components Rp160.60 Billion 19.37%
Total Equity Rp829.10 Billion 100.00%

Gihon Telekomunikasi Indonesia Tbk PT Competitors by Market Cap

The table below lists competitors of Gihon Telekomunikasi Indonesia Tbk PT ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gihon Telekomunikasi Indonesia Tbk PT's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 813,284,247,000 to 829,100,647,000, a change of 15,816,400,000 (1.9%).
  • Net income of 84,827,465,000 contributed positively to equity growth.
  • Dividend payments of 90,750,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 6,822,670,000.
  • Other factors increased equity by 14,916,265,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp84.83 Billion +10.23%
Dividends Paid Rp90.75 Billion -10.95%
Other Comprehensive Income Rp6.82 Billion +0.82%
Other Changes Rp14.92 Billion +1.8%
Total Change Rp- 1.94%

Book Value vs Market Value Analysis

This analysis compares Gihon Telekomunikasi Indonesia Tbk PT'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: 1.20x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 5.63x to 1.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 Rp320.64 Rp1805.00 x
2015-12-31 Rp154.07 Rp1805.00 x
2016-12-31 Rp406.87 Rp1805.00 x
2017-12-31 Rp271.79 Rp1805.00 x
2018-12-31 Rp769.86 Rp1805.00 x
2019-12-31 Rp1093.27 Rp1805.00 x
2020-12-31 Rp1217.88 Rp1805.00 x
2021-12-31 Rp1307.29 Rp1805.00 x
2022-12-31 Rp1419.66 Rp1805.00 x
2023-12-31 Rp1478.70 Rp1805.00 x
2024-12-31 Rp1507.46 Rp1805.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gihon Telekomunikasi Indonesia Tbk PT 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): 10.23%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 40.07%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 1.72x
  • Recent ROE (10.23%) is below the historical average (12.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 10.54% 10.79% 0.25x 3.83x Rp411.83 Million
2015 10.05% 10.06% 0.28x 3.56x Rp39.88 Million
2016 9.26% 10.49% 0.27x 3.28x Rp-719.44 Million
2017 24.54% 39.36% 0.22x 2.83x Rp21.74 Billion
2018 12.60% 45.47% 0.22x 1.24x Rp10.21 Billion
2019 10.56% 54.78% 0.16x 1.23x Rp3.38 Billion
2020 11.61% 54.35% 0.17x 1.24x Rp10.77 Billion
2021 12.50% 54.48% 0.16x 1.42x Rp17.96 Billion
2022 11.62% 48.70% 0.16x 1.48x Rp12.65 Billion
2023 12.32% 49.22% 0.15x 1.67x Rp18.90 Billion
2024 10.23% 40.07% 0.15x 1.72x Rp1.92 Billion

Industry Comparison

This section compares Gihon Telekomunikasi Indonesia Tbk PT's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $4,120,040,401,600
  • Average return on equity (ROE) among peers: 13.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gihon Telekomunikasi Indonesia Tbk PT (GHON) Rp799.08 Billion 10.54% 0.73x $8.10 Million
Bali Towerindo Sentra Tbk (BALI) $2.44 Trillion 8.68% 1.13x $123.29 Million
Centratama Telekomunikasi Ind (CENT) $60.55 Billion 14.20% 0.12x $15.42 Million
Pelita Teknologi Global (CHIP) $6.50 Billion 77.84% 4.39x $14.15 Million
Remala Abadi Tbk. (DATA) $91.58 Billion 28.54% 0.61x $2.21K
Indoritel Makmur Internasional (DNET) $12.84 Billion 5.41% 0.33x $1.17 Billion
XL Axiata Tbk PT (EXCL) $21.63 Trillion 1.73% 1.60x $855.71 Million
Smartfren Telecom Tbk (FREN) $12.74 Trillion -17.18% 1.17x $1.43 Million
Inti Bangun Sejahtera Tbk (IBST) $33.63 Billion 0.00% 7.14x $178.96K
PT Sinergi Inti Andalan Prima Tbk (INET) $65.20 Billion 2.11% 0.12x $58.63 Million