Gajah Tunggal Tbk
PT. Gajah Tunggal Tbk, together with its subsidiaries, manufactures and sells tires in Indonesia, America, Europe, Asia, Southeast Asia, the Middle East, Africa, Australia, and Oceania. It offers tyres, tyre cords, synthetic rubber, and other rubber related products, including inner tubes, flaps, o-rings, and others, as well as nylon yarns under the GT Radial, Giti, Gajah Tunggal, IRC Tires, and … Read more
Gajah Tunggal Tbk (GJTL) - Net Assets
Latest net assets as of September 2025: Rp10.11 Trillion IDR
Based on the latest financial reports, Gajah Tunggal Tbk (GJTL) has net assets worth Rp10.11 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 (Rp22.32 Trillion) and total liabilities (Rp12.21 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 | Rp10.11 Trillion |
| % of Total Assets | 45.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | 37.95% |
| 10-Year Change | 75.31% |
| Growth Volatility | 91.73 |
Gajah Tunggal Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Gajah Tunggal 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 Gajah Tunggal Tbk (2000–2024)
The table below shows the annual net assets of Gajah Tunggal Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp9.46 Trillion | +13.23% |
| 2023-12-31 | Rp8.35 Trillion | +15.59% |
| 2022-12-31 | Rp7.23 Trillion | +3.70% |
| 2021-12-31 | Rp6.97 Trillion | +1.64% |
| 2020-12-31 | Rp6.86 Trillion | +9.94% |
| 2019-12-31 | Rp6.24 Trillion | +6.12% |
| 2018-12-31 | Rp5.88 Trillion | +3.28% |
| 2017-12-31 | Rp5.69 Trillion | -2.71% |
| 2016-12-31 | Rp5.85 Trillion | +8.42% |
| 2015-12-31 | Rp5.39 Trillion | -9.85% |
| 2014-12-31 | Rp5.98 Trillion | +4.52% |
| 2013-12-31 | Rp5.72 Trillion | +4.49% |
| 2012-12-31 | Rp5.48 Trillion | +23.64% |
| 2011-12-31 | Rp4.43 Trillion | +25.64% |
| 2010-12-31 | Rp3.53 Trillion | +32.05% |
| 2009-12-31 | Rp2.67 Trillion | +61.91% |
| 2008-12-31 | Rp1.65 Trillion | -30.87% |
| 2007-12-31 | Rp2.39 Trillion | +11.74% |
| 2006-12-31 | Rp2.14 Trillion | +5.19% |
| 2005-12-31 | Rp2.03 Trillion | +20.51% |
| 2004-12-31 | Rp1.68 Trillion | +34.37% |
| 2003-12-31 | Rp1.25 Trillion | +443.79% |
| 2002-12-31 | Rp230.54 Billion | +105.74% |
| 2001-12-31 | Rp-4.02 Trillion | -355.58% |
| 2000-12-31 | Rp-882.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gajah Tunggal 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 710356500000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp7.10 Trillion | 75.12% |
| Common Stock | Rp1.74 Trillion | 18.43% |
| Other Comprehensive Income | Rp1.11 Trillion | 11.78% |
| Total Equity | Rp9.46 Trillion | 100.00% |
Gajah Tunggal Tbk Competitors by Market Cap
The table below lists competitors of Gajah Tunggal Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ballard Mining Ltd
AU:BM1
|
$77.14 Million |
|
IOL Chemicals and Pharmaceuticals Limited
NSE:IOLCP
|
$77.14 Million |
|
Aminex PLC
PINK:AEXFF
|
$77.17 Million |
|
Genovate Biotechnology Co Ltd
TWO:4130
|
$77.18 Million |
|
ÖKOWORLD AG
XETRA:VVV3
|
$77.11 Million |
|
mPLUS Corp
KQ:259630
|
$77.11 Million |
|
Hindware Home Innovation Limited
NSE:HINDWAREAP
|
$76.98 Million |
|
Ensurge Micropower ASA
OTCQB:ENMPF
|
$76.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gajah Tunggal Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,351,903,000,000 to 9,456,543,000,000, a change of 1,104,640,000,000 (13.2%).
- Net income of 1,186,922,000,000 contributed positively to equity growth.
- Dividend payments of 173,543,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 116,938,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.19 Trillion | +12.55% |
| Dividends Paid | Rp173.54 Billion | -1.84% |
| Other Comprehensive Income | Rp116.94 Billion | +1.24% |
| Other Changes | Rp-25.68 Billion | -0.27% |
| Total Change | Rp- | 13.23% |
Book Value vs Market Value Analysis
This analysis compares Gajah Tunggal 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: 0.38x
- 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 1.62x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp640.76 | Rp1040.00 | x |
| 2006-12-31 | Rp674.00 | Rp1040.00 | x |
| 2007-12-31 | Rp750.02 | Rp1040.00 | x |
| 2008-12-31 | Rp473.32 | Rp1040.00 | x |
| 2009-12-31 | Rp766.37 | Rp1040.00 | x |
| 2010-12-31 | Rp1011.99 | Rp1040.00 | x |
| 2011-12-31 | Rp1271.47 | Rp1040.00 | x |
| 2012-12-31 | Rp1572.08 | Rp1040.00 | x |
| 2013-12-31 | Rp1642.69 | Rp1040.00 | x |
| 2014-12-31 | Rp1717.09 | Rp1040.00 | x |
| 2015-12-31 | Rp1548.04 | Rp1040.00 | x |
| 2016-12-31 | Rp1678.38 | Rp1040.00 | x |
| 2017-12-31 | Rp1632.84 | Rp1040.00 | x |
| 2018-12-31 | Rp1686.32 | Rp1040.00 | x |
| 2019-12-31 | Rp1789.58 | Rp1040.00 | x |
| 2020-12-31 | Rp1966.46 | Rp1040.00 | x |
| 2021-12-31 | Rp2000.67 | Rp1040.00 | x |
| 2022-12-31 | Rp2077.24 | Rp1040.00 | x |
| 2023-12-31 | Rp2396.94 | Rp1040.00 | x |
| 2024-12-31 | Rp2713.96 | Rp1040.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gajah Tunggal 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): 12.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.58%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.17x
- Recent ROE (12.55%) is below the historical average (14.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 158.60% | 13.07% | 0.45x | 27.15x | Rp681.09 Billion |
| 2003 | 18.89% | 4.38% | 0.47x | 9.17x | Rp118.07 Billion |
| 2004 | 26.21% | 6.49% | 1.07x | 3.76x | Rp273.02 Billion |
| 2005 | 17.09% | 7.17% | 0.65x | 3.68x | Rp143.84 Billion |
| 2006 | 5.55% | 2.16% | 0.75x | 3.41x | Rp-95.12 Billion |
| 2007 | 3.81% | 1.36% | 0.79x | 3.54x | Rp-147.74 Billion |
| 2008 | -37.88% | -7.85% | 0.91x | 5.28x | Rp-789.73 Billion |
| 2009 | 33.90% | 11.41% | 0.89x | 3.32x | Rp638.26 Billion |
| 2010 | 23.55% | 8.43% | 0.95x | 2.94x | Rp477.96 Billion |
| 2011 | 15.43% | 5.77% | 1.02x | 2.61x | Rp240.55 Billion |
| 2012 | 20.67% | 9.00% | 0.98x | 2.35x | Rp584.41 Billion |
| 2013 | 2.10% | 0.97% | 0.80x | 2.68x | Rp-452.10 Billion |
| 2014 | 4.51% | 2.06% | 0.81x | 2.68x | Rp-328.46 Billion |
| 2015 | -5.81% | -2.42% | 0.74x | 3.25x | Rp-852.74 Billion |
| 2016 | 10.71% | 4.60% | 0.73x | 3.20x | Rp41.74 Billion |
| 2017 | 0.79% | 0.32% | 0.78x | 3.20x | Rp-523.92 Billion |
| 2018 | -1.27% | -0.49% | 0.78x | 3.35x | Rp-662.14 Billion |
| 2019 | 4.32% | 1.69% | 0.85x | 3.02x | Rp-354.46 Billion |
| 2020 | 4.68% | 2.38% | 0.76x | 2.60x | Rp-364.82 Billion |
| 2021 | 1.15% | 0.52% | 0.83x | 2.65x | Rp-616.62 Billion |
| 2022 | -2.63% | -1.11% | 0.90x | 2.63x | Rp-914.37 Billion |
| 2023 | 14.14% | 6.96% | 0.89x | 2.27x | Rp346.01 Billion |
| 2024 | 12.55% | 6.58% | 0.88x | 2.17x | Rp241.27 Billion |
Industry Comparison
This section compares Gajah Tunggal Tbk's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $688,022,669,876
- Average return on equity (ROE) among peers: 13.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gajah Tunggal Tbk (GJTL) | Rp10.11 Trillion | 158.60% | 1.21x | $77.13 Million |
| PT. Anugerah Spareparts Sejahtera Tbk (AEGS) | $67.94 Billion | 1.42% | 0.09x | $1.01 Million |
| Astra Otoparts Tbk (AUTO) | $2.79 Trillion | 20.28% | 0.43x | $155.83 Million |
| Dharma Polimetal Tbk PT (DRMA) | $391.82 Billion | 31.68% | 2.43x | $54.80 Million |
| Goodyear Indonesia Tbk (GDYR) | $296.73 Billion | 0.27% | 2.45x | $3.31 Million |
| Indospring Tbk (INDS) | $226.35 Billion | 31.42% | 2.40x | $18.97 Million |
| Kirana Megatara Tbk PT (KMTR) | $2.07 Trillion | 9.41% | 1.48x | $9.92 Million |
| Multi Prima Sejahtera Tbk (LPIN) | $284.02 Billion | 8.24% | 0.09x | $2.10 Million |
| Multistrada Arah Sarana Tbk (MASA) | $336.99 Million | -2.40% | 0.95x | $909.88K |
| PT Cipta Perdana Lancar Tbk (PART) | $63.54 Billion | 25.16% | 2.48x | $4.93 Million |