Harum Energy Tbk PT
PT Harum Energy Tbk, through its subsidiaries, engages in the coal and nickel mining, logistics, and nickel processing and refining activities in Indonesia and internationally. It operates in four segments: Mining Sectors, Rental and Service Sectors, Nickel Smelter Sector, and Other Sectors. The company is involved in the general investigation, exploration, exploitation, processing, transportatio… Read more
Harum Energy Tbk PT (HRUM) - Net Assets
Latest net assets as of September 2025: Rp1.82 Billion IDR
Based on the latest financial reports, Harum Energy Tbk PT (HRUM) has net assets worth Rp1.82 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp3.28 Billion) and total liabilities (Rp1.46 Billion). 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 | Rp1.82 Billion |
| % of Total Assets | 55.42% |
| Annual Growth Rate | -21.2% |
| 5-Year Change | 291.97% |
| 10-Year Change | 419.07% |
| Growth Volatility | 69.74 |
Harum Energy Tbk PT - Net Assets Trend (2007–2024)
This chart illustrates how Harum Energy Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Harum Energy Tbk PT (2007–2024)
The table below shows the annual net assets of Harum Energy Tbk PT from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.78 Billion | +51.75% |
| 2023-12-31 | Rp1.17 Billion | +18.39% |
| 2022-12-31 | Rp992.27 Million | +52.50% |
| 2021-12-31 | Rp650.67 Million | +43.07% |
| 2020-12-31 | Rp454.80 Million | +13.82% |
| 2019-12-31 | Rp399.58 Million | +2.86% |
| 2018-12-31 | Rp388.49 Million | -1.86% |
| 2017-12-31 | Rp395.86 Million | +11.38% |
| 2016-12-31 | Rp355.43 Million | +3.49% |
| 2015-12-31 | Rp343.43 Million | -5.12% |
| 2014-12-31 | Rp361.97 Million | -8.36% |
| 2013-12-31 | Rp394.98 Million | -7.85% |
| 2012-12-31 | Rp428.64 Million | +9.15% |
| 2011-12-31 | Rp392.69 Million | +40.66% |
| 2010-12-31 | Rp279.17 Million | +246.83% |
| 2009-12-31 | Rp80.49 Million | -99.97% |
| 2008-12-31 | Rp234.19 Billion | +128.69% |
| 2007-12-31 | Rp102.41 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Harum Energy 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 grown by 74401487600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp744.01 Million | 83.16% |
| Common Stock | Rp28.88 Million | 3.23% |
| Other Comprehensive Income | Rp-42.29 Million | -4.73% |
| Other Components | Rp164.08 Million | 18.34% |
| Total Equity | Rp894.68 Million | 100.00% |
Harum Energy Tbk PT Competitors by Market Cap
The table below lists competitors of Harum Energy Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Selcuk Ecza Deposu Ticaret ve Sanayi AS
IS:SELEC
|
$146.37 Million |
|
Euroapi S.A
PINK:EAPIF
|
$146.40 Million |
|
HIGHPEAK ENERGY DL-0001
F:58R
|
$146.51 Million |
|
Race Oncology Limited
PINK:RAONF
|
$146.53 Million |
|
PT Jhonlin Agro Raya Tbk
JK:JARR
|
$146.33 Million |
|
Zhubo Design
SHE:300564
|
$146.30 Million |
|
Three Stars NM
SHG:603578
|
$146.30 Million |
|
China Shengmu Organic Milk Limited
F:7OM
|
$146.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harum Energy Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 885,806,039 to 894,684,229, a change of 8,878,190 (1.0%).
- Net income of 54,067,536 contributed positively to equity growth.
- Dividend payments of 35,219,285 reduced retained earnings.
- Share repurchases of 4,738,355 reduced equity.
- Other comprehensive income decreased equity by 40,721,278.
- Other factors increased equity by 35,489,572.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp54.07 Million | +6.04% |
| Dividends Paid | Rp35.22 Million | -3.94% |
| Share Repurchases | Rp4.74 Million | -0.53% |
| Other Comprehensive Income | Rp-40.72 Million | -4.55% |
| Other Changes | Rp35.49 Million | +3.97% |
| Total Change | Rp- | 1.00% |
Book Value vs Market Value Analysis
This analysis compares Harum Energy 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: 15249.71x
- 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 51795.40x to 15249.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | Rp0.02 | Rp1025.00 | x |
| 2011-12-31 | Rp0.02 | Rp1025.00 | x |
| 2012-12-31 | Rp0.03 | Rp1025.00 | x |
| 2013-12-31 | Rp0.02 | Rp1025.00 | x |
| 2014-12-31 | Rp0.02 | Rp1025.00 | x |
| 2015-12-31 | Rp0.02 | Rp1025.00 | x |
| 2016-12-31 | Rp0.02 | Rp1025.00 | x |
| 2017-12-31 | Rp0.02 | Rp1025.00 | x |
| 2018-12-31 | Rp0.02 | Rp1025.00 | x |
| 2019-12-31 | Rp0.02 | Rp1025.00 | x |
| 2020-12-31 | Rp0.03 | Rp1025.00 | x |
| 2021-12-31 | Rp0.04 | Rp1025.00 | x |
| 2022-12-31 | Rp0.06 | Rp1025.00 | x |
| 2023-12-31 | Rp0.07 | Rp1025.00 | x |
| 2024-12-31 | Rp0.07 | Rp1025.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harum Energy 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): 6.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.17%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.88x
- Recent ROE (6.04%) is below the historical average (72278.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 1156198.08% | 16.67% | 18952.80x | 3.66x | Rp767.47 Billion |
| 2010 | 35.85% | 18.37% | 1.29x | 1.51x | Rp65.17 Million |
| 2011 | 48.04% | 20.07% | 1.57x | 1.52x | Rp128.00 Million |
| 2012 | 37.63% | 12.62% | 1.94x | 1.54x | Rp96.64 Million |
| 2013 | 13.24% | 5.00% | 1.74x | 1.52x | Rp10.23 Million |
| 2014 | 0.14% | 0.09% | 1.08x | 1.54x | Rp-28.35 Million |
| 2015 | -7.07% | -7.72% | 0.66x | 1.40x | Rp-46.45 Million |
| 2016 | 4.73% | 6.15% | 0.53x | 1.47x | Rp-14.86 Million |
| 2017 | 14.36% | 13.91% | 0.71x | 1.46x | Rp13.75 Million |
| 2018 | 10.53% | 9.45% | 0.72x | 1.55x | Rp1.61 Million |
| 2019 | 5.89% | 7.05% | 0.59x | 1.42x | Rp-12.91 Million |
| 2020 | 15.95% | 37.39% | 0.32x | 1.35x | Rp22.01 Million |
| 2021 | 15.81% | 22.06% | 0.38x | 1.87x | Rp27.27 Million |
| 2022 | 41.09% | 33.36% | 0.71x | 1.74x | Rp228.32 Million |
| 2023 | 17.05% | 16.32% | 0.57x | 1.84x | Rp62.46 Million |
| 2024 | 6.04% | 4.17% | 0.50x | 2.88x | Rp-35.40 Million |
Industry Comparison
This section compares Harum Energy Tbk PT's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $76,529,607,888
- Average return on equity (ROE) among peers: 5.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harum Energy Tbk PT (HRUM) | Rp1.82 Billion | 1156198.08% | 0.80x | $146.34 Million |
| Adaro Andalan Indonesia Tbk (AADI) | $4.37 Billion | 26.20% | 0.62x | $1.89 Billion |
| Abm Investama Tbk (ABMM) | $161.75 Million | -23.33% | 4.11x | $48.25 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $4.46 Billion | 20.94% | 0.70x | $1.66 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $14.97 Billion | -10.78% | 0.01x | $2.15 Million |
| Atlas Resources Tbk (ARII) | $56.27 Million | -43.42% | 4.87x | $28.40 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $87.38 Billion | -121.65% | 7.00x | $2.95 Million |
| Baramulti Suksessarana Tbk (BSSR) | $190.38 Million | 16.03% | 0.38x | $59.12 Million |
| Bumi Resources Tbk (BUMI) | $286.35 Million | 130.35% | 11.91x | $1.77 Billion |
| Bayan Resources Tbk (BYAN) | $1.98 Billion | 62.59% | 0.74x | $5.78 Billion |
| Exploitasi Energi Indonesia (CNKO) | $651.45 Billion | 0.23% | 0.16x | $256.50K |