Equity Development Investment
PT Equity Development Investment Tbk provides financial products and services in Indonesia. The company operates through four segments: Insurance; Banking and Financing; Stock Administration and Securities; and Holding Company, Travel Services, and Venture Capital. It offers general insurance products, such as fire, motor vehicles, accident, marine hull, engineering, and marine cargo; and life in… Read more
Equity Development Investment (GSMF) - Net Assets
Latest net assets as of September 2025: Rp2.61 Trillion IDR
Based on the latest financial reports, Equity Development Investment (GSMF) has net assets worth Rp2.61 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 (Rp6.07 Trillion) and total liabilities (Rp3.46 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 | Rp2.61 Trillion |
| % of Total Assets | 43.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | 71.35% |
| 10-Year Change | 158.37% |
| Growth Volatility | 17.59 |
Equity Development Investment - Net Assets Trend (2001–2024)
This chart illustrates how Equity Development Investment's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Equity Development Investment (2001–2024)
The table below shows the annual net assets of Equity Development Investment from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.54 Trillion | +0.31% |
| 2023-12-31 | Rp2.53 Trillion | -2.06% |
| 2022-12-31 | Rp2.58 Trillion | -0.19% |
| 2021-12-31 | Rp2.59 Trillion | +74.73% |
| 2020-12-31 | Rp1.48 Trillion | -3.74% |
| 2019-12-31 | Rp1.54 Trillion | +3.63% |
| 2018-12-31 | Rp1.49 Trillion | +5.50% |
| 2017-12-31 | Rp1.41 Trillion | +7.20% |
| 2016-12-31 | Rp1.31 Trillion | +33.67% |
| 2015-12-31 | Rp982.81 Billion | +7.64% |
| 2014-12-31 | Rp913.07 Billion | +10.90% |
| 2013-12-31 | Rp823.36 Billion | +15.47% |
| 2012-12-31 | Rp713.04 Billion | +12.66% |
| 2011-12-31 | Rp632.90 Billion | +9.30% |
| 2010-12-31 | Rp579.03 Billion | +9.68% |
| 2009-12-31 | Rp527.90 Billion | +7.38% |
| 2008-12-31 | Rp491.61 Billion | +0.01% |
| 2007-12-31 | Rp491.56 Billion | +2.98% |
| 2006-12-31 | Rp477.32 Billion | -3.13% |
| 2005-12-31 | Rp492.74 Billion | +43.16% |
| 2004-12-31 | Rp344.19 Billion | +18.91% |
| 2003-12-31 | Rp289.44 Billion | +12.16% |
| 2002-12-31 | Rp258.07 Billion | +134.35% |
| 2001-12-31 | Rp-751.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Equity Development Investment'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 97260300000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp2.57 Trillion | 106.02% |
| Other Comprehensive Income | Rp140.70 Billion | 5.81% |
| Other Components | Rp686.14 Billion | 28.33% |
| Total Equity | Rp2.42 Trillion | 100.00% |
Equity Development Investment Competitors by Market Cap
The table below lists competitors of Equity Development Investment ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nord.investments A/S
CO:NORD
|
$2.56 Million |
|
Biovica International AB (publ)
ST:BIOVIC-B
|
$2.57 Million |
|
Orcoda Ltd
AU:ODA
|
$2.57 Million |
|
Morenzo Abadi Perkasa Tbk Pt
JK:ENZO
|
$2.57 Million |
|
Patagonia Lithium Ltd
AU:PL3
|
$2.56 Million |
|
Prime Energy PE Ltd
TA:PRIM
|
$2.56 Million |
|
Thai Film Industries Public Company Limited
BK:TFI
|
$2.56 Million |
|
MIRAI CORP.
F:837
|
$2.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Equity Development Investment's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,413,900,000,000 to 2,421,590,000,000, a change of 7,690,000,000 (0.3%).
- Net income of 22,573,000,000 contributed positively to equity growth.
- Dividend payments of 4,097,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 14,883,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp22.57 Billion | +0.93% |
| Dividends Paid | Rp4.10 Billion | -0.17% |
| Other Comprehensive Income | Rp-14.88 Billion | -0.61% |
| Other Changes | Rp4.10 Billion | +0.17% |
| Total Change | Rp- | 0.32% |
Book Value vs Market Value Analysis
This analysis compares Equity Development Investment'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: 0.54x
- 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 1.63x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp56.55 | Rp92.00 | x |
| 2009-12-31 | Rp60.95 | Rp92.00 | x |
| 2010-12-31 | Rp67.28 | Rp92.00 | x |
| 2011-12-31 | Rp73.80 | Rp92.00 | x |
| 2012-12-31 | Rp82.97 | Rp92.00 | x |
| 2013-12-31 | Rp92.86 | Rp92.00 | x |
| 2014-12-31 | Rp103.93 | Rp92.00 | x |
| 2015-12-31 | Rp112.02 | Rp92.00 | x |
| 2016-12-31 | Rp112.43 | Rp92.00 | x |
| 2017-12-31 | Rp120.31 | Rp92.00 | x |
| 2018-12-31 | Rp126.68 | Rp92.00 | x |
| 2019-12-31 | Rp131.33 | Rp92.00 | x |
| 2020-12-31 | Rp125.62 | Rp92.00 | x |
| 2021-12-31 | Rp308.23 | Rp92.00 | x |
| 2022-12-31 | Rp173.34 | Rp92.00 | x |
| 2023-12-31 | Rp169.63 | Rp92.00 | x |
| 2024-12-31 | Rp170.17 | Rp92.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Equity Development Investment 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): 0.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.92%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 2.35x
- Recent ROE (0.93%) is below the historical average (5.76%), 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 | 23.91% | 11.96% | 0.36x | 5.53x | Rp29.58 Billion |
| 2003 | 2.27% | 1.54% | 0.27x | 5.46x | Rp-17.86 Billion |
| 2005 | 5.71% | 4.93% | 0.45x | 2.55x | Rp-17.18 Billion |
| 2006 | 4.83% | 3.68% | 0.49x | 2.69x | Rp-21.63 Billion |
| 2007 | 4.41% | 2.60% | 0.56x | 3.01x | Rp-24.13 Billion |
| 2008 | 3.37% | 1.55% | 0.65x | 3.36x | Rp-28.51 Billion |
| 2009 | 3.50% | 1.78% | 0.56x | 3.52x | Rp-30.12 Billion |
| 2010 | 7.77% | 3.62% | 0.51x | 4.18x | Rp-11.42 Billion |
| 2011 | 10.16% | 5.50% | 0.45x | 4.07x | Rp909.04 Million |
| 2012 | 9.81% | 5.55% | 0.33x | 5.36x | Rp-1.18 Billion |
| 2013 | 10.37% | 6.43% | 0.30x | 5.32x | Rp2.61 Billion |
| 2014 | 10.86% | 6.87% | 0.29x | 5.45x | Rp6.78 Billion |
| 2015 | 8.93% | 6.60% | 0.27x | 5.03x | Rp-9.08 Billion |
| 2016 | 7.43% | 7.28% | 0.29x | 3.57x | Rp-31.27 Billion |
| 2017 | 5.64% | 5.91% | 0.27x | 3.57x | Rp-56.94 Billion |
| 2018 | 4.28% | 4.82% | 0.26x | 3.47x | Rp-78.63 Billion |
| 2019 | 2.77% | 2.98% | 0.27x | 3.47x | Rp-102.97 Billion |
| 2020 | 1.36% | 1.61% | 0.26x | 3.27x | Rp-117.75 Billion |
| 2021 | 0.25% | 0.46% | 0.24x | 2.24x | Rp-241.01 Billion |
| 2022 | 0.74% | 1.10% | 0.29x | 2.29x | Rp-228.50 Billion |
| 2023 | -2.45% | -5.01% | 0.21x | 2.39x | Rp-300.53 Billion |
| 2024 | 0.93% | 1.92% | 0.21x | 2.35x | Rp-219.59 Billion |
Industry Comparison
This section compares Equity Development Investment's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $1,096,210,213,228
- Average return on equity (ROE) among peers: 4.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Equity Development Investment (GSMF) | Rp2.61 Trillion | 23.91% | 1.32x | $2.56 Million |
| Asuransi Bintang Tbk (ASBI) | $840.96 Billion | 1.66% | 0.04x | $1.38 Million |
| Asuransi Dayin Mitra Tbk (ASDM) | $105.19 Billion | 8.11% | 1.27x | $3.10 Million |
| Lippo General Insurance Tbk (LPGI) | $879.82 Billion | 7.81% | 1.82x | $8.61 Million |
| Malacca Trust Wuwungan Insurance PT (MTWI) | $240.02 Billion | -3.49% | 1.42x | $3.77 Million |
| Sinar Mas Multiartha Tbk (SMMA) | $2.77 Trillion | 9.53% | 4.62x | $85.27 Million |
| Asuransi Tugu Pratama Indonesia Tbk PT (TUGU) | $1.75 Trillion | 1.51% | 2.32x | $111.00 Million |