Hillcon
PT Hillcon Tbk, together with its subsidiaries, provides mining and civil construction services in Indonesia. The company operates as a nickel, mineral, and coal mining contractor. It also engages in earthwork, road construction, heavy equipment rental, and river basin construction activities; rental and trading of auto parts and accessories; and provision of mining, quarrying, and other excavati… Read more
Hillcon (HILL) - Net Assets
Latest net assets as of June 2025: Rp1.72 Trillion IDR
Based on the latest financial reports, Hillcon (HILL) has net assets worth Rp1.72 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp6.55 Trillion) and total liabilities (Rp4.84 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 | Rp1.72 Trillion |
| % of Total Assets | 26.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | 2602.25% |
| 10-Year Change | N/A |
| Growth Volatility | 346.83 |
Hillcon - Net Assets Trend (2019–2024)
This chart illustrates how Hillcon's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hillcon (2019–2024)
The table below shows the annual net assets of Hillcon from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.71 Trillion | -6.61% |
| 2023-12-31 | Rp1.84 Trillion | +87.36% |
| 2022-12-31 | Rp979.91 Billion | +63.41% |
| 2021-12-31 | Rp599.66 Billion | +845.04% |
| 2020-12-31 | Rp63.45 Billion | +370.00% |
| 2019-12-31 | Rp-23.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hillcon'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 65293600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp605.38 Billion | 41.40% |
| Common Stock | Rp294.83 Billion | 20.16% |
| Other Components | Rp562.10 Billion | 38.44% |
| Total Equity | Rp1.46 Trillion | 100.00% |
Hillcon Competitors by Market Cap
The table below lists competitors of Hillcon ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SandRidge Mississippian Trust I
PINK:SDTTU
|
$1.84 Million |
|
Adeunis
PA:ALARF
|
$1.84 Million |
|
JE Cleantech Holdings Ltd
NASDAQ:JCSE
|
$1.84 Million |
|
Pucara Gold Ltd
PINK:PCRAF
|
$1.84 Million |
|
K.B. Recycling Industries Ltd
OTCQB:AKMYF
|
$1.84 Million |
|
Zaklady Urzadzen Kotlowych Staporkow SA
WAR:ZUK
|
$1.84 Million |
|
Kim Hin Industry Bhd
KLSE:5371
|
$1.84 Million |
|
DONTNOD Entertainment SA
PA:ALDNE
|
$1.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hillcon's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,559,204,000,000 to 1,462,309,000,000, a change of -96,895,000,000 (-6.2%).
- Net income of 5,494,000,000 contributed positively to equity growth.
- Dividend payments of 128,204,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 439,000,000.
- Other factors increased equity by 26,254,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp5.49 Billion | +0.38% |
| Dividends Paid | Rp128.20 Billion | -8.77% |
| Other Comprehensive Income | Rp-439.00 Million | -0.03% |
| Other Changes | Rp26.25 Billion | +1.8% |
| Total Change | Rp- | -6.21% |
Book Value vs Market Value Analysis
This analysis compares Hillcon'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: 0.19x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp-7.97 | Rp19.00 | x |
| 2020-12-31 | Rp21.52 | Rp19.00 | x |
| 2021-12-31 | Rp158.65 | Rp19.00 | x |
| 2022-12-31 | Rp260.61 | Rp19.00 | x |
| 2023-12-31 | Rp528.85 | Rp19.00 | x |
| 2024-12-31 | Rp99.20 | Rp19.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hillcon 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): 0.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.14%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 4.30x
- Recent ROE (0.38%) is below the historical average (47.41%), 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 | 0.00% | 0.66% | 0.79x | 0.00x | Rp6.52 Billion |
| 2020 | 136.07% | 8.46% | 0.80x | 20.15x | Rp80.00 Billion |
| 2021 | 86.31% | 20.35% | 0.83x | 5.14x | Rp356.92 Billion |
| 2022 | 39.18% | 9.22% | 0.94x | 4.50x | Rp224.20 Billion |
| 2023 | 22.52% | 8.26% | 0.85x | 3.19x | Rp195.16 Billion |
| 2024 | 0.38% | 0.14% | 0.63x | 4.30x | Rp-140.74 Billion |
Industry Comparison
This section compares Hillcon's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $648,229,380,790
- Average return on equity (ROE) among peers: 18.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hillcon (HILL) | Rp1.72 Trillion | 0.00% | 2.82x | $1.84 Million |
| Bumi Resources Minerals Tbk (BRMS) | $-2.84 Billion | 0.00% | 0.00x | $1.03 Billion |
| Cita Mineral Investindo Tbk PT (CITA) | $2.10 Trillion | 29.99% | 0.80x | $77.66 Million |
| Daaz Bara Lestari Tbk (DAAZ) | $1.58 Trillion | 28.79% | 2.25x | $46.10 Million |
| Central Omega Resources Tbk PT (DKFT) | $1.13 Trillion | -4.04% | 0.05x | $81.01 Million |
| Ifishdeco PT (IFSH) | $838.04 Billion | 9.98% | 0.20x | $42.70 Million |
| Vale Indonesia Tbk (INCO) | $771.12 Million | 3.93% | 0.58x | $745.21 Million |
| Sumber Energi Andalan Tbk PT (ITMA) | $91.38 Million | 34.41% | 0.00x | $15.58 Million |
| Merdeka Copper Gold PT (MDKA) | $2.76 Billion | -0.75% | 0.80x | $2.51 Billion |
| Sinar Terang Mandiri PT Tbk (MINE) | $182.66 Billion | 60.14% | 2.97x | $193.94 |