Gihon Telekomunikasi Indonesia Tbk PT (GHON) - Net Assets
Based on the latest financial reports, Gihon Telekomunikasi Indonesia Tbk PT (GHON) has net assets worth Rp799.08 Billion IDR (≈ $46.82 Million USD) 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 ≈ $81.20 Million USD) and total liabilities (Rp586.75 Billion ≈ $34.38 Million 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 GHON cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Gihon Telekomunikasi Indonesia Tbk PT (GHON) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Gihon Telekomunikasi Indonesia Tbk PT market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp844.92 Billion ≈ $49.51 Million |
+1.18% |
| 2023-12-31 | Rp835.04 Billion ≈ $48.93 Million |
+6.95% |
| 2022-12-31 | Rp780.81 Billion ≈ $45.75 Million |
+8.59% |
| 2021-12-31 | Rp719.02 Billion ≈ $42.13 Million |
+7.34% |
| 2020-12-31 | Rp669.85 Billion ≈ $39.25 Million |
+11.40% |
| 2019-12-31 | Rp601.31 Billion ≈ $35.23 Million |
+53.33% |
| 2018-12-31 | Rp392.16 Billion ≈ $22.98 Million |
+162.33% |
| 2017-12-31 | Rp149.49 Billion ≈ $8.76 Million |
+54.70% |
| 2016-12-31 | Rp96.63 Billion ≈ $5.66 Million |
+14.04% |
| 2015-12-31 | Rp84.74 Billion ≈ $4.97 Million |
+11.27% |
| 2014-12-31 | Rp76.15 Billion ≈ $4.46 Million |
-- |
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.
| Company | Market Cap |
|---|---|
|
Dongil Ind
KO:004890
|
$57.69 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
$57.69 Million |
|
Jetbest
TWO:4741
|
$57.69 Million |
|
Multifiling Mitra Indonesia
JK:MFMI
|
$57.71 Million |
|
Focus Lighting and Fixtures Limited
NSE:FOCUS
|
$57.67 Million |
|
LapWall Oyj
HE:LAPWALL
|
$57.67 Million |
|
Moorim Paper
KO:009200
|
$57.66 Million |
|
Winix Inc
KQ:044340
|
$57.63 Million |
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: 1.19x
- 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 5.58x to 1.19x 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 | Rp1790.00 | x |
| 2015-12-31 | Rp154.07 | Rp1790.00 | x |
| 2016-12-31 | Rp406.87 | Rp1790.00 | x |
| 2017-12-31 | Rp271.79 | Rp1790.00 | x |
| 2018-12-31 | Rp769.86 | Rp1790.00 | x |
| 2019-12-31 | Rp1093.27 | Rp1790.00 | x |
| 2020-12-31 | Rp1217.88 | Rp1790.00 | x |
| 2021-12-31 | Rp1307.29 | Rp1790.00 | x |
| 2022-12-31 | Rp1419.66 | Rp1790.00 | x |
| 2023-12-31 | Rp1478.70 | Rp1790.00 | x |
| 2024-12-31 | Rp1507.46 | Rp1790.00 | 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: $1,335,862,971,491
- Average return on equity (ROE) among peers: -16.80%
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 | $57.69 Million |
| Bali Towerindo Sentra Tbk (BALI) | $500.55 Billion | 24.13% | 1.41x | $292.80 Million |
| Centratama Telekomunikasi Ind (CENT) | $84.02 Billion | 8.40% | 0.06x | $180.90 Million |
| Indoritel Makmur Internasional (DNET) | $18.66 Billion | 0.00% | 0.27x | $7.87 Billion |
| XL Axiata Tbk PT (EXCL) | $4.46 Trillion | 5.62% | 3.22x | $2.95 Billion |
| Smartfren Telecom Tbk (FREN) | $792.53 Billion | -91.40% | 5.00x | $1.36 Million |
| Inti Bangun Sejahtera Tbk (IBST) | $2.17 Trillion | -85.36% | 1.04x | $670.86 Million |
| Indosat Tbk (ISAT) | $3.85 Trillion | 20.36% | 0.11x | $3.77 Billion |
| Jasnita Telekomindo Tbk PT (JAST) | $10.51 Billion | -36.57% | 4.47x | $6.28 Million |
| LCK Global Kedaton (LCKM) | $134.03 Billion | 3.59% | 0.09x | $7.85 Million |
About Gihon Telekomunikasi Indonesia Tbk PT
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