Island Concepts Indonesia Tbk (ICON) - Net Assets
Based on the latest financial reports, Island Concepts Indonesia Tbk (ICON) has net assets worth Rp217.73 Billion IDR (≈ $12.76 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp367.61 Billion ≈ $21.54 Million USD) and total liabilities (Rp149.88 Billion ≈ $8.78 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 Island Concepts Indonesia Tbk tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp217.73 Billion |
| % of Total Assets | 59.23% |
| Annual Growth Rate | 23.05% |
| 5-Year Change | -11.04% |
| 10-Year Change | 39.14% |
| Growth Volatility | 334.61 |
Island Concepts Indonesia Tbk - Net Assets Trend (2006–2024)
This chart illustrates how Island Concepts Indonesia Tbk's net assets have evolved over time, based on quarterly financial data. See Island Concepts Indonesia Tbk (ICON) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Island Concepts Indonesia Tbk (2006–2024)
The table below shows the annual net assets of Island Concepts Indonesia Tbk from 2006 to 2024. For live valuation and market cap data, see Island Concepts Indonesia Tbk (ICON) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp218.06 Billion ≈ $12.78 Million |
+1.31% |
| 2023-12-31 | Rp215.24 Billion ≈ $12.61 Million |
-2.65% |
| 2022-12-31 | Rp221.10 Billion ≈ $12.96 Million |
-9.53% |
| 2021-12-31 | Rp244.39 Billion ≈ $14.32 Million |
-0.30% |
| 2020-12-31 | Rp245.13 Billion ≈ $14.36 Million |
+2.52% |
| 2019-12-31 | Rp239.12 Billion ≈ $14.01 Million |
+16.74% |
| 2018-12-31 | Rp204.84 Billion ≈ $12.00 Million |
+18.06% |
| 2017-12-31 | Rp173.50 Billion ≈ $10.17 Million |
+9.27% |
| 2016-12-31 | Rp158.78 Billion ≈ $9.30 Million |
+1.31% |
| 2015-12-31 | Rp156.73 Billion ≈ $9.18 Million |
+2.26% |
| 2014-12-31 | Rp153.26 Billion ≈ $8.98 Million |
+583.92% |
| 2013-12-31 | Rp22.41 Billion ≈ $1.31 Million |
+13.12% |
| 2012-12-31 | Rp19.81 Billion ≈ $1.16 Million |
+19.02% |
| 2011-12-31 | Rp16.64 Billion ≈ $975.23K |
+1367.83% |
| 2010-12-31 | Rp1.13 Billion ≈ $66.44K |
-61.30% |
| 2009-12-31 | Rp2.93 Billion ≈ $171.68K |
-24.26% |
| 2008-12-31 | Rp3.87 Billion ≈ $226.67K |
-15.66% |
| 2007-12-31 | Rp4.59 Billion ≈ $268.76K |
-11.98% |
| 2006-12-31 | Rp5.21 Billion ≈ $305.34K |
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Equity Component Analysis
This analysis shows how different components contribute to Island Concepts Indonesia Tbk'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 2963673800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp29.64 Billion | 19.79% |
| Common Stock | Rp61.16 Billion | 40.85% |
| Other Comprehensive Income | Rp1.32 Billion | 0.88% |
| Other Components | Rp57.61 Billion | 38.48% |
| Total Equity | Rp149.73 Billion | 100.00% |
Island Concepts Indonesia Tbk Competitors by Market Cap
The table below lists competitors of Island Concepts Indonesia Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sakol Energy Public Company Limited
BK:SKE
|
$6.26 Million |
|
Mesa Royalty Trust
NYSE:MTR
|
$6.26 Million |
|
Winshear Gold Corp
V:WINS
|
$6.26 Million |
|
Cre8 Enterprise Limited Class A Ordinary Shares
NASDAQ:CRE
|
$6.26 Million |
|
Tourn International AB
ST:TOURN
|
$6.26 Million |
|
E79 Gold Mines Ltd
AU:E79
|
$6.25 Million |
|
Galliford Try PLC
LSE:GFRD
|
$6.25 Million |
|
Beowulf Mining PLC
ST:BEO-SDB
|
$6.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Island Concepts Indonesia Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 148,657,103,000 to 149,733,523,000, a change of 1,076,420,000 (0.7%).
- Net loss of 2,650,033,000 reduced equity.
- Other comprehensive income decreased equity by 71,730,000.
- Other factors increased equity by 3,798,183,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-2.65 Billion | -1.77% |
| Other Comprehensive Income | Rp-71.73 Million | -0.05% |
| Other Changes | Rp3.80 Billion | +2.54% |
| Total Change | Rp- | 0.72% |
Book Value vs Market Value Analysis
This analysis compares Island Concepts Indonesia Tbk'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: 0.71x
- 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.
- The price-to-book ratio has decreased from 0.93x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Rp105.26 | Rp98.00 | x |
| 2016-12-31 | Rp107.91 | Rp98.00 | x |
| 2017-12-31 | Rp117.13 | Rp98.00 | x |
| 2018-12-31 | Rp136.31 | Rp98.00 | x |
| 2019-12-31 | Rp157.85 | Rp98.00 | x |
| 2020-12-31 | Rp160.95 | Rp98.00 | x |
| 2021-12-31 | Rp158.38 | Rp98.00 | x |
| 2022-12-31 | Rp141.27 | Rp98.00 | x |
| 2023-12-31 | Rp136.41 | Rp98.00 | x |
| 2024-12-31 | Rp137.40 | Rp98.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Island Concepts Indonesia Tbk 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): -1.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.29%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.40x
- Recent ROE (-1.77%) is below the historical average (4.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 9.74% | 0.62% | 1.19x | 13.20x | Rp-18.04 Million |
| 2012 | 14.50% | 0.96% | 1.49x | 10.10x | Rp365.99 Million |
| 2013 | 14.07% | 1.41% | 1.12x | 8.88x | Rp338.25 Million |
| 2014 | 1.03% | 0.70% | 0.62x | 2.40x | Rp-10.35 Billion |
| 2015 | 0.22% | 0.14% | 0.41x | 3.71x | Rp-11.22 Billion |
| 2016 | 2.42% | 1.57% | 0.39x | 3.98x | Rp-8.91 Billion |
| 2017 | 8.06% | 7.22% | 0.36x | 3.14x | Rp-2.47 Billion |
| 2018 | 13.94% | 10.44% | 0.50x | 2.67x | Rp5.86 Billion |
| 2019 | 14.40% | 12.19% | 0.55x | 2.15x | Rp7.57 Billion |
| 2020 | 1.23% | 1.50% | 0.39x | 2.11x | Rp-15.38 Billion |
| 2021 | -1.45% | -1.77% | 0.38x | 2.15x | Rp-19.75 Billion |
| 2022 | -12.00% | -10.74% | 0.46x | 2.41x | Rp-33.86 Billion |
| 2023 | -3.32% | -2.72% | 0.50x | 2.42x | Rp-19.80 Billion |
| 2024 | -1.77% | -1.29% | 0.57x | 2.40x | Rp-17.62 Billion |
Industry Comparison
This section compares Island Concepts Indonesia Tbk's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $968,426,861,666
- Average return on equity (ROE) among peers: 9.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Island Concepts Indonesia Tbk (ICON) | Rp217.73 Billion | 9.74% | 0.69x | $6.26 Million |
| Ratu Prabu Energi Tbk (ARTI) | $855.76 Billion | 3.69% | 0.67x | $183.76K |
| Elnusa Tbk (ELSA) | $4.90 Trillion | 14.55% | 1.17x | $241.63 Million |
| Mitra International Resources (MIRA) | $9.49 Billion | 0.00% | 11.08x | $4.64 Million |
| PT Multikarya Asia Pacific Ray (MKAP) | $139.27 Billion | 10.78% | 0.85x | $197.10 Million |
| Radiant Utama Interinsco Tbk (RUIS) | $310.58 Billion | 17.94% | 3.07x | $8.48 Million |
| Sillo Maritime Perdana Tbk PT (SHIP) | $24.55 Million | 24.45% | 1.14x | $222.32 Million |
| Ginting Jaya Energi (WOWS) | $560.38 Billion | -6.04% | 0.28x | $8.12 Million |
About Island Concepts Indonesia Tbk
PT Island Concepts Indonesia Tbk engages in the provision of hospitality services in Indonesia. The company operates through three segments: Catering and Maintenance Services; Villa; and Sale of House and Lot and Condotel. It offers accommodation services; and rent rooms, cottages, and spa facilities. In addition, the company is involved in the provision of catering and urban facility maintenance… Read more