Garuda Maintenance Facility AeroAsia Tbk PT (GMFI) - Net Assets
Based on the latest financial reports, Garuda Maintenance Facility AeroAsia Tbk PT (GMFI) has net assets worth Rp-248.99 Million IDR (≈ $-14.59K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp409.99 Million ≈ $24.02K USD) and total liabilities (Rp658.98 Million ≈ $38.61K 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 GMFI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp-248.99 Million |
| % of Total Assets | -60.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -310.03% |
| Growth Volatility | 62.34 |
Garuda Maintenance Facility AeroAsia Tbk PT - Net Assets Trend (2009–2024)
This chart illustrates how Garuda Maintenance Facility AeroAsia Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore Garuda Maintenance Facility AeroAsia Tbk balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Garuda Maintenance Facility AeroAsia Tbk PT (2009–2024)
The table below shows the annual net assets of Garuda Maintenance Facility AeroAsia Tbk PT from 2009 to 2024. For live valuation and market cap data, see Garuda Maintenance Facility AeroAsia Tbk market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp-257.90 Million ≈ $-15.11K |
+17.12% |
| 2023-12-31 | Rp-311.16 Million ≈ $-18.23K |
+6.00% |
| 2022-12-31 | Rp-331.02 Million ≈ $-19.40K |
+2.17% |
| 2021-12-31 | Rp-338.36 Million ≈ $-19.83K |
-58.09% |
| 2020-12-31 | Rp-214.03 Million ≈ $-12.54K |
-180.68% |
| 2019-12-31 | Rp265.28 Million ≈ $15.54K |
-19.41% |
| 2018-12-31 | Rp329.16 Million ≈ $19.29K |
+7.64% |
| 2017-12-31 | Rp305.79 Million ≈ $17.92K |
+77.21% |
| 2016-12-31 | Rp172.55 Million ≈ $10.11K |
+40.53% |
| 2015-12-31 | Rp122.79 Million ≈ $7.20K |
+17.40% |
| 2014-12-31 | Rp104.59 Million ≈ $6.13K |
+18.58% |
| 2013-12-31 | Rp88.21 Million ≈ $5.17K |
+26.65% |
| 2012-12-31 | Rp69.65 Million ≈ $4.08K |
+18.25% |
| 2011-12-31 | Rp58.90 Million ≈ $3.45K |
+14.14% |
| 2010-12-31 | Rp51.60 Million ≈ $3.02K |
+17.48% |
| 2009-12-31 | Rp43.92 Million ≈ $2.57K |
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Equity Component Analysis
This analysis shows how different components contribute to Garuda Maintenance Facility AeroAsia 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 decreased by 2526.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp219.02 Million | % |
| Other Comprehensive Income | Rp10.01 Million | % |
| Other Components | Rp69.91 Million | % |
| Total Equity | Rp-258.07 Million | 100.00% |
Garuda Maintenance Facility AeroAsia Tbk PT Competitors by Market Cap
The table below lists competitors of Garuda Maintenance Facility AeroAsia Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TH Plantations Bhd
KLSE:5112
|
$138.69 Million |
|
Vestland Berhad
KLSE:0273
|
$138.69 Million |
|
American Eagle Gold Corp
V:AE
|
$138.81 Million |
|
Friedman Industries Inc. Common Stock
NYSE MKT:FRD
|
$138.83 Million |
|
Froch Enterprise Co Ltd
TW:2030
|
$138.68 Million |
|
DEFAMA Deutsche Fachmarkt AG
XETRA:DEF
|
$138.61 Million |
|
Shanghai Waigaoqiao Free Trade Zone Group Co Ltd B
SHG:900912
|
$138.59 Million |
|
High Tech Pharm Co. Ltd
KQ:106190
|
$138.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Garuda Maintenance Facility AeroAsia Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -311,321,415 to -258,067,606, a change of 53,253,809.
- Net income of 26,891,116 contributed positively to equity growth.
- Other comprehensive income increased equity by 26,362,693.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp26.89 Million | +10.42% |
| Other Comprehensive Income | Rp26.36 Million | +10.22% |
| Total Change | Rp- | % |
Book Value vs Market Value Analysis
This analysis compares Garuda Maintenance Facility AeroAsia 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | Rp0.00 | Rp63.00 | x |
| 2011-12-31 | Rp0.00 | Rp63.00 | x |
| 2012-12-31 | Rp0.00 | Rp63.00 | x |
| 2013-12-31 | Rp0.00 | Rp63.00 | x |
| 2014-12-31 | Rp0.00 | Rp63.00 | x |
| 2015-12-31 | Rp0.00 | Rp63.00 | x |
| 2016-12-31 | Rp0.01 | Rp63.00 | x |
| 2017-12-31 | Rp0.01 | Rp63.00 | x |
| 2018-12-31 | Rp0.01 | Rp63.00 | x |
| 2019-12-31 | Rp0.01 | Rp63.00 | x |
| 2020-12-31 | Rp-0.01 | Rp63.00 | x |
| 2021-12-31 | Rp-0.01 | Rp63.00 | x |
| 2022-12-31 | Rp-0.01 | Rp63.00 | x |
| 2023-12-31 | Rp-0.01 | Rp63.00 | x |
| 2024-12-31 | Rp-0.01 | Rp63.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Garuda Maintenance Facility AeroAsia 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.38%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (11.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 14.21% | 4.38% | 1.05x | 3.09x | Rp2.17 Million |
| 2011 | 12.38% | 3.92% | 1.23x | 2.57x | Rp1.40 Million |
| 2012 | 15.82% | 5.21% | 1.18x | 2.58x | Rp4.06 Million |
| 2013 | 21.68% | 8.31% | 1.11x | 2.36x | Rp10.31 Million |
| 2014 | 16.12% | 6.38% | 1.05x | 2.40x | Rp6.40 Million |
| 2015 | 29.47% | 11.84% | 0.98x | 2.55x | Rp23.91 Million |
| 2016 | 33.46% | 14.86% | 0.88x | 2.56x | Rp40.49 Million |
| 2017 | 16.66% | 11.60% | 0.81x | 1.76x | Rp20.37 Million |
| 2018 | 9.28% | 6.50% | 0.63x | 2.26x | Rp-2.37 Million |
| 2019 | -1.13% | -0.58% | 0.69x | 2.85x | Rp-29.49 Million |
| 2020 | 0.00% | -129.51% | 0.49x | 0.00x | Rp-307.33 Million |
| 2021 | 0.00% | -60.47% | 0.53x | 0.00x | Rp-93.49 Million |
| 2022 | 0.00% | 1.50% | 0.61x | 0.00x | Rp36.71 Million |
| 2023 | 0.00% | 5.43% | 0.83x | 0.00x | Rp51.41 Million |
| 2024 | 0.00% | 6.38% | 0.99x | 0.00x | Rp52.70 Million |
Industry Comparison
This section compares Garuda Maintenance Facility AeroAsia Tbk PT's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $191,666,184,462
- Average return on equity (ROE) among peers: -0.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Garuda Maintenance Facility AeroAsia Tbk PT (GMFI) | Rp-248.99 Million | 14.21% | N/A | $138.68 Million |
| Steadfast Marine PT (KPAL) | $191.67 Billion | -0.68% | 2.95x | $3.13 Million |
About Garuda Maintenance Facility AeroAsia Tbk PT
PT Garuda Maintenance Facility Aero Asia Tbk provides various aircraft maintenance, repair, and overhaul (MRO) services for aircraft, engines, and components in Indonesia and internationally. The company operates through three segments: Repair and Overhaul, Line Maintenance, and Other Operations. Its services include airframe maintenance, line maintenance, engine and APU maintenance, component, e… Read more