Aman Agrindo (GULA) - Net Assets
Based on the latest financial reports, Aman Agrindo (GULA) has net assets worth Rp143.35 Billion IDR (≈ $8.40 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp217.62 Billion ≈ $12.75 Million USD) and total liabilities (Rp74.27 Billion ≈ $4.35 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 tangible equity quality of Aman Agrindo to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp143.35 Billion |
| % of Total Assets | 65.87% |
| Annual Growth Rate | 39.34% |
| 5-Year Change | 53.17% |
| 10-Year Change | N/A |
| Growth Volatility | 124.33 |
Aman Agrindo - Net Assets Trend (2019–2025)
This chart illustrates how Aman Agrindo's net assets have evolved over time, based on quarterly financial data. See GULA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Aman Agrindo (2019–2025)
The table below shows the annual net assets of Aman Agrindo from 2019 to 2025. For live valuation and market cap data, see Aman Agrindo market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp143.35 Billion ≈ $8.40 Million |
-4.52% |
| 2024-12-31 | Rp150.13 Billion ≈ $8.80 Million |
+0.99% |
| 2023-12-31 | Rp148.66 Billion ≈ $8.71 Million |
+2.18% |
| 2022-12-31 | Rp145.49 Billion ≈ $8.53 Million |
+55.46% |
| 2021-12-31 | Rp93.59 Billion ≈ $5.48 Million |
+8.22% |
| 2020-12-31 | Rp86.48 Billion ≈ $5.07 Million |
+341.74% |
| 2019-12-31 | Rp19.58 Billion ≈ $1.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Aman Agrindo'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 1278576226000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp7.36 Billion | 5.14% |
| Common Stock | Rp107.04 Billion | 74.67% |
| Other Components | Rp28.95 Billion | 20.20% |
| Total Equity | Rp143.35 Billion | 100.00% |
Aman Agrindo Competitors by Market Cap
The table below lists competitors of Aman Agrindo ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eternal Energy Public Company Limited
BK:EE
|
$36.39 Million |
|
Dimension Computer Technology Co Ltd
TWO:6140
|
$36.41 Million |
|
STRUCT.MONIT.SYSCDIS
F:RJP
|
$36.41 Million |
|
WESTBRIDGE RE. EN. CORP.
F:PUQ
|
$36.41 Million |
|
Koroplast Temizlik Ambalaj Urunleri San. ve Dis Ticaret A.S.
IS:KRPLS
|
$36.37 Million |
|
Tower Real Estate Investment Trust
KLSE:5111
|
$36.36 Million |
|
Bantas Bandirma Ambalaj Sanayi ve Ticaret AS
IS:BNTAS
|
$36.35 Million |
|
Singsongholdin
KO:006880
|
$36.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aman Agrindo's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 150,134,587,576 to 143,352,725,070, a change of -6,781,862,506 (-4.5%).
- Net loss of 6,779,166,780 reduced equity.
- Other comprehensive income decreased equity by 19,495,162.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-6.78 Billion | -4.73% |
| Other Comprehensive Income | Rp-19.50 Million | -0.01% |
| Other Changes | Rp16.80 Million | +0.01% |
| Total Change | Rp- | -4.52% |
Book Value vs Market Value Analysis
This analysis compares Aman Agrindo'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: 4.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.41x to 4.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp78.31 | Rp580.00 | x |
| 2020-12-31 | Rp249.36 | Rp580.00 | x |
| 2021-12-31 | Rp109.30 | Rp580.00 | x |
| 2022-12-31 | Rp154.08 | Rp580.00 | x |
| 2023-12-31 | Rp138.89 | Rp580.00 | x |
| 2024-12-31 | Rp140.27 | Rp580.00 | x |
| 2025-12-31 | Rp133.93 | Rp580.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aman Agrindo 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): -4.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.39%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.52x
- Recent ROE (-4.73%) is below the historical average (2.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.95% | 9.30% | 0.02x | 4.10x | Rp-1.77 Billion |
| 2020 | 7.13% | 4.66% | 1.15x | 1.33x | Rp-2.48 Billion |
| 2021 | 7.69% | 3.81% | 1.40x | 1.45x | Rp-2.16 Billion |
| 2022 | 1.07% | 0.86% | 0.93x | 1.33x | Rp-13.00 Billion |
| 2023 | 2.16% | 0.89% | 1.65x | 1.47x | Rp-11.66 Billion |
| 2024 | 0.97% | 0.48% | 1.35x | 1.47x | Rp-13.56 Billion |
| 2025 | -4.73% | -3.39% | 0.92x | 1.52x | Rp-21.11 Billion |
Industry Comparison
This section compares Aman Agrindo's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,831,019,702,761
- Average return on equity (ROE) among peers: -14.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aman Agrindo (GULA) | Rp143.35 Billion | 0.95% | 0.52x | $36.38 Million |
| Astra Agro Lestari Tbk (AALI) | $22.57 Trillion | 4.68% | 0.28x | $696.41 Million |
| Asia Sejahtera Mina Tbk (AGAR) | $15.05 Billion | 2.57% | 4.23x | $12.77 Million |
| Andira Agro Tbk PT (ANDI) | $128.77 Billion | -8.17% | 2.74x | $9.86 Million |
| Austindo Nusantara Jaya Tbk (ANJT) | $327.67 Million | 29.39% | 0.22x | $308.57 Million |
| PT Cilacap Samudera Fishing Industry Tbk (ASHA) | $159.11 Billion | -12.98% | 0.26x | $16.70 Million |
| PT Janu Putra Sejahtera Tbk (AYAM) | $200.75 Billion | 4.80% | 0.77x | $82.50 Million |
| Bumi Teknokultura Unggul Tbk (BTEK) | $462.50 Billion | -155.52% | 7.42x | $29.83 Million |
| Charoen Pokphand Indonesia TBK PT (CPIN) | $12.56 Trillion | 14.62% | 0.97x | $3.19 Billion |
| Central Proteina Prima Tbk (CPRO) | $917.72 Billion | -42.43% | 6.72x | $118.57 Million |
| Cisadane Sawit Raya Pt (CSRA) | $1.30 Trillion | 16.55% | 0.73x | $93.70 Million |
About Aman Agrindo
PT Aman Agrindo Tbk engages in the plantation of sugarcane in Indonesia. The company offers sugar crystal and liquid sugar products. It is also involved in the wholesale and retail trading of sugar, cocoa, confectionery, food and beverage ingredients, and other agricultural products. PT Aman Agrindo Tbk was founded in 2013 and is headquartered in Semarang, Indonesia. PT Aman Agrindo Tbk operates … Read more