Harum Energy Tbk PT (HRUM) - Net Assets
Based on the latest financial reports, Harum Energy Tbk PT (HRUM) has net assets worth Rp1.85 Billion IDR (≈ $108.21K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp3.69 Billion ≈ $216.35K USD) and total liabilities (Rp1.85 Billion ≈ $108.14K 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 net worth ratio of Harum Energy Tbk PT to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp1.85 Billion |
| % of Total Assets | 50.02% |
| Annual Growth Rate | -20.06% |
| 5-Year Change | 179.63% |
| 10-Year Change | 411.91% |
| Growth Volatility | 68.06 |
Harum Energy Tbk PT - Net Assets Trend (2007–2025)
This chart illustrates how Harum Energy Tbk PT's net assets have evolved over time, based on quarterly financial data. See HRUM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Harum Energy Tbk PT (2007–2025)
The table below shows the annual net assets of Harum Energy Tbk PT from 2007 to 2025. For live valuation and market cap data, see Harum Energy Tbk PT (HRUM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp1.82 Billion ≈ $106.61K |
+2.07% |
| 2024-12-31 | Rp1.78 Billion ≈ $104.46K |
+51.75% |
| 2023-12-31 | Rp1.17 Billion ≈ $68.83K |
+18.39% |
| 2022-12-31 | Rp992.27 Million ≈ $58.14K |
+52.50% |
| 2021-12-31 | Rp650.67 Million ≈ $38.13K |
+43.07% |
| 2020-12-31 | Rp454.80 Million ≈ $26.65K |
+13.82% |
| 2019-12-31 | Rp399.58 Million ≈ $23.41K |
+2.86% |
| 2018-12-31 | Rp388.49 Million ≈ $22.76K |
-1.86% |
| 2017-12-31 | Rp395.86 Million ≈ $23.20K |
+11.38% |
| 2016-12-31 | Rp355.43 Million ≈ $20.83K |
+3.49% |
| 2015-12-31 | Rp343.43 Million ≈ $20.12K |
-5.12% |
| 2014-12-31 | Rp361.97 Million ≈ $21.21K |
-8.36% |
| 2013-12-31 | Rp394.98 Million ≈ $23.14K |
-7.85% |
| 2012-12-31 | Rp428.64 Million ≈ $25.12K |
+9.15% |
| 2011-12-31 | Rp392.69 Million ≈ $23.01K |
+40.66% |
| 2010-12-31 | Rp279.17 Million ≈ $16.36K |
+246.83% |
| 2009-12-31 | Rp80.49 Million ≈ $4.72K |
-99.97% |
| 2008-12-31 | Rp234.19 Billion ≈ $13.72 Million |
+128.69% |
| 2007-12-31 | Rp102.41 Billion ≈ $6.00 Million |
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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 78209458900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp782.09 Million | 84.43% |
| Common Stock | Rp28.88 Million | 3.12% |
| Other Comprehensive Income | Rp-39.07 Million | -4.22% |
| Other Components | Rp154.44 Million | 16.67% |
| Total Equity | Rp926.34 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 |
|---|---|
|
Insteel Industries Inc
NYSE:IIIN
|
$601.29 Million |
|
Actron Technology
TWO:8255
|
$601.34 Million |
|
Voneseals Technology (Shanghai) Inc. A
SHE:301161
|
$601.42 Million |
|
Yabao Pharmaceutical Group Co Ltd
SHG:600351
|
$601.49 Million |
|
N-Able Inc
NYSE:NABL
|
$600.93 Million |
|
Zhejiang Meishuo Electric Technology Co. Ltd. A
SHE:301295
|
$600.92 Million |
|
Shanghai CEO Environmental Protection Technology Co Ltd
SHG:688335
|
$600.91 Million |
|
CorMedix Inc
NASDAQ:CRMD
|
$600.87 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 2024 to 2025, total equity changed from 894,684,229 to 926,342,573, a change of 31,658,344 (3.5%).
- Net income of 37,426,878 contributed positively to equity growth.
- Dividend payments of 35,800 reduced retained earnings.
- Share repurchases of 5,273,583 reduced equity.
- Other comprehensive income increased equity by 3,220,174.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp37.43 Million | +4.04% |
| Dividends Paid | Rp35.80K | -0.0% |
| Share Repurchases | Rp5.27 Million | -0.57% |
| Other Comprehensive Income | Rp3.22 Million | +0.35% |
| Other Changes | Rp-3.68 Million | -0.4% |
| Total Change | Rp- | 3.54% |
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: 11107.05x
- 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 39415.04x to 11107.05x 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 | Rp780.00 | x |
| 2011-12-31 | Rp0.02 | Rp780.00 | x |
| 2012-12-31 | Rp0.03 | Rp780.00 | x |
| 2013-12-31 | Rp0.02 | Rp780.00 | x |
| 2014-12-31 | Rp0.02 | Rp780.00 | x |
| 2015-12-31 | Rp0.02 | Rp780.00 | x |
| 2016-12-31 | Rp0.02 | Rp780.00 | x |
| 2017-12-31 | Rp0.02 | Rp780.00 | x |
| 2018-12-31 | Rp0.02 | Rp780.00 | x |
| 2019-12-31 | Rp0.02 | Rp780.00 | x |
| 2020-12-31 | Rp0.03 | Rp780.00 | x |
| 2021-12-31 | Rp0.04 | Rp780.00 | x |
| 2022-12-31 | Rp0.06 | Rp780.00 | x |
| 2023-12-31 | Rp0.07 | Rp780.00 | x |
| 2024-12-31 | Rp0.07 | Rp780.00 | x |
| 2025-12-31 | Rp0.07 | Rp780.00 | 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): 4.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.80%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 3.71x
- Recent ROE (4.04%) is below the historical average (68027.14%), 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 |
| 2025 | 4.04% | 2.80% | 0.39x | 3.71x | Rp-55.21 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: $-92,106,417,646
- Average return on equity (ROE) among peers: 40.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harum Energy Tbk PT (HRUM) | Rp1.85 Billion | 1156198.08% | 1.00x | $600.95 Million |
| Abm Investama Tbk (ABMM) | $356.89 Million | 41.47% | 1.90x | $385.57 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $3.00 Billion | 12.87% | 1.23x | $3.86 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $17.81 Billion | 0.00% | 1.00x | $5.49 Million |
| Atlas Resources Tbk (ARII) | $2.82 Million | 40.16% | 10.19x | $62.40 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $15.16 Billion | 158.29% | 23.14x | $4.10 Million |
| Baramulti Suksessarana Tbk (BSSR) | $220.48 Million | 108.81% | 0.84x | $622.46 Million |
| Bumi Resources Tbk (BUMI) | $503.61 Million | 43.77% | 6.76x | $3.22 Billion |
| Bayan Resources Tbk (BYAN) | $590.62 Million | 35.30% | 1.41x | $23.05 Billion |
| Exploitasi Energi Indonesia (CNKO) | $-1.26 Trillion | 0.00% | 0.00x | $249.33K |
| PT Petrindo Jaya Kreasi Tbk (CUAN) | $297.04 Billion | -32.05% | 2.88x | $4.12 Billion |
About 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. It operates through Mining Sectors, Rental and Service Sectors, Nickel Smelter Sector, and Other Sectors segments. The company is involved in the coal and nickel mining, including general survey, exploration, exploitation, and sales activitie… Read more