HK Metals Utama Tbk PT (HKMU) - Net Assets
Based on the latest financial reports, HK Metals Utama Tbk PT (HKMU) has net assets worth Rp-69.88 Billion IDR (≈ $-4.09 Million USD) as of March 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp397.71 Billion ≈ $23.30 Million USD) and total liabilities (Rp467.59 Billion ≈ $27.40 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 HKMU asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp-69.88 Billion |
| % of Total Assets | -17.57% |
| Annual Growth Rate | 6.38% |
| 5-Year Change | -96.32% |
| 10-Year Change | N/A |
| Growth Volatility | 243.42 |
HK Metals Utama Tbk PT - Net Assets Trend (2015–2022)
This chart illustrates how HK Metals Utama Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore HK Metals Utama Tbk PT asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for HK Metals Utama Tbk PT (2015–2022)
The table below shows the annual net assets of HK Metals Utama Tbk PT from 2015 to 2022. For live valuation and market cap data, see market cap of HK Metals Utama Tbk PT.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | Rp22.52 Billion ≈ $1.32 Million |
-90.18% |
| 2021-12-31 | Rp229.23 Billion ≈ $13.43 Million |
-50.64% |
| 2020-12-31 | Rp464.43 Billion ≈ $27.21 Million |
-33.55% |
| 2019-12-31 | Rp698.94 Billion ≈ $40.95 Million |
+14.32% |
| 2018-12-31 | Rp611.37 Billion ≈ $35.82 Million |
+104.34% |
| 2017-12-31 | Rp299.19 Billion ≈ $17.53 Million |
+672.20% |
| 2016-12-31 | Rp38.75 Billion ≈ $2.27 Million |
+165.22% |
| 2015-12-31 | Rp14.61 Billion ≈ $856.00K |
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Equity Component Analysis
This analysis shows how different components contribute to HK Metals Utama 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 9670.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp322.18 Billion | 1503.69% |
| Other Comprehensive Income | Rp58.19 Billion | 271.58% |
| Other Components | Rp123.22 Billion | 575.09% |
| Total Equity | Rp21.43 Billion | 100.00% |
HK Metals Utama Tbk PT Competitors by Market Cap
The table below lists competitors of HK Metals Utama Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hunting PLC
LSE:HTG
|
$9.44 Million |
|
Fortune Rise Acquisition Corp
NASDAQ:FRLA
|
$9.44 Million |
|
Pilot Energy Ltd
AU:PGY
|
$9.44 Million |
|
Cadoux Ltd
AU:CCM
|
$9.45 Million |
|
Adelong Gold Ltd
AU:ADG
|
$9.43 Million |
|
NeuroMetrix Inc
NASDAQ:NURO
|
$9.43 Million |
|
CMO Public Company Limited
BK:CMO
|
$9.43 Million |
|
LABORATORIO FARMAC.ERFO
F:RK7
|
$9.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HK Metals Utama Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 220,837,454,207 to 21,425,594,370, a change of -199,411,859,837 (-90.3%).
- Net loss of 204,620,551,564 reduced equity.
- Other comprehensive income increased equity by 5,208,691,731.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-204.62 Billion | -955.03% |
| Other Comprehensive Income | Rp5.21 Billion | +24.31% |
| Other Changes | Rp-4.00 | -0.0% |
| Total Change | Rp- | -90.30% |
Book Value vs Market Value Analysis
This analysis compares HK Metals Utama 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
- Current price-to-book ratio: 7.52x
- 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 increased from 0.06x to 7.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp774.90 | Rp50.00 | x |
| 2017-12-31 | Rp136.00 | Rp50.00 | x |
| 2018-12-31 | Rp189.76 | Rp50.00 | x |
| 2019-12-31 | Rp212.81 | Rp50.00 | x |
| 2020-12-31 | Rp140.31 | Rp50.00 | x |
| 2021-12-31 | Rp68.55 | Rp50.00 | x |
| 2022-12-31 | Rp6.65 | Rp50.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HK Metals Utama 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): -955.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -108.01%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 22.41x
- Recent ROE (-955.03%) is below the historical average (-128.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -1.43% | -0.07% | 0.93x | 21.14x | Rp-1.67 Billion |
| 2016 | 50.02% | 4.94% | 0.64x | 15.77x | Rp15.51 Billion |
| 2017 | 10.27% | 6.17% | 0.47x | 3.51x | Rp800.38 Million |
| 2018 | 10.95% | 7.74% | 0.56x | 2.51x | Rp5.78 Billion |
| 2019 | 12.60% | 7.10% | 0.66x | 2.68x | Rp17.81 Billion |
| 2020 | -51.97% | -41.96% | 0.60x | 2.06x | Rp-280.15 Billion |
| 2021 | -103.91% | -58.88% | 0.54x | 3.26x | Rp-251.55 Billion |
| 2022 | -955.03% | -108.01% | 0.39x | 22.41x | Rp-206.76 Billion |
Industry Comparison
This section compares HK Metals Utama Tbk PT's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $9,009,858,849,137
- Average return on equity (ROE) among peers: 16.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HK Metals Utama Tbk PT (HKMU) | Rp-69.88 Billion | -1.43% | N/A | $9.44 Million |
| Asahimas Flat Glass Tbk (AMFG) | $3.39 Trillion | 10.07% | 0.26x | $80.62 Million |
| Berkah Beton Sadaya Tbk PT (BEBS) | $681.85 Billion | 16.14% | 0.07x | $13.18 Million |
| Cemindo Gemilang Tbk PT (CMNT) | $2.74 Trillion | 17.20% | 5.95x | $817.84 Million |
| Citatah Tbk (CTTH) | $91.72 Billion | 56.35% | 2.11x | $10.96 Million |
| Indocement Tunggal Prakarsa (INTP) | $8.50 Trillion | 20.54% | 0.33x | $1.01 Billion |
| Semen Baturaja Persero Tbk (SMBR) | $3.47 Trillion | 2.19% | 0.59x | $125.71 Million |
| Solusi Bangun Indonesia Tbk PT (SMCB) | $7.57 Trillion | 8.60% | 1.74x | $409.59 Million |
| Semen Indonesia Persero Tbk (SMGR) | $47.24 Trillion | 5.01% | 0.76x | $791.23 Million |
| Waskita Beton Precast Tbk PT (WSBP) | $7.41 Trillion | 8.57% | 0.85x | $61.16 Million |
About HK Metals Utama Tbk PT
PT HK Metals Utama Tbk manufactures, develop, and trades in building and household materials in Indonesia. It provides various products, including light and stainless steel, aluminum extrusions, PVC pipes, toilet and sanitary wares, and other products. The company was founded in 1995 and is headquartered in Bekasi, Indonesia.