Ifishdeco PT (IFSH) - Net Assets
Based on the latest financial reports, Ifishdeco PT (IFSH) has net assets worth Rp913.16 Billion IDR (≈ $53.51 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.06 Trillion ≈ $62.16 Million USD) and total liabilities (Rp147.62 Billion ≈ $8.65 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 IFSH intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp913.16 Billion |
| % of Total Assets | 86.08% |
| Annual Growth Rate | 16.89% |
| 5-Year Change | 34.99% |
| 10-Year Change | N/A |
| Growth Volatility | 29.54 |
Ifishdeco PT - Net Assets Trend (2016–2025)
This chart illustrates how Ifishdeco PT's net assets have evolved over time, based on quarterly financial data. See Ifishdeco PT liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ifishdeco PT (2016–2025)
The table below shows the annual net assets of Ifishdeco PT from 2016 to 2025. For live valuation and market cap data, see IFSH stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp913.16 Billion ≈ $53.51 Million |
+8.96% |
| 2024-12-31 | Rp838.04 Billion ≈ $49.11 Million |
+6.64% |
| 2023-12-31 | Rp785.89 Billion ≈ $46.05 Million |
+1.01% |
| 2022-12-31 | Rp778.00 Billion ≈ $45.59 Million |
+15.01% |
| 2021-12-31 | Rp676.47 Billion ≈ $39.64 Million |
+24.58% |
| 2020-12-31 | Rp542.98 Billion ≈ $31.82 Million |
+4.65% |
| 2019-12-31 | Rp518.84 Billion ≈ $30.40 Million |
+100.63% |
| 2018-12-31 | Rp258.61 Billion ≈ $15.15 Million |
+15.05% |
| 2017-12-31 | Rp224.78 Billion ≈ $13.17 Million |
+0.28% |
| 2016-12-31 | Rp224.16 Billion ≈ $13.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ifishdeco 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 340.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp733.55 Billion | 86.16% |
| Common Stock | Rp212.50 Billion | 24.96% |
| Other Comprehensive Income | Rp-55.76 Billion | -6.55% |
| Total Equity | Rp851.42 Billion | 100.00% |
Ifishdeco PT Competitors by Market Cap
The table below lists competitors of Ifishdeco PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shree Pushkar Chemicals & Fertilisers Limited
NSE:SHREEPUSHK
|
$133.00 Million |
|
Apollo Silver Corp
V:APGO
|
$133.00 Million |
|
Blaize Holdings, Inc.
NASDAQ:BZAI
|
$133.03 Million |
|
VisionWave Holdings, Inc. Common Stock
NASDAQ:VWAV
|
$133.03 Million |
|
Hsin Kao Gas Co Ltd
TW:9931
|
$132.92 Million |
|
Peninsula Energy Ltd
AU:PEN
|
$132.91 Million |
|
Corpovael S.A.B. de C.V
MX:CADUA
|
$132.88 Million |
|
Vestland Berhad
KLSE:0273
|
$132.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ifishdeco PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 806,303,575,000 to 851,423,898,000, a change of 45,120,323,000 (5.6%).
- Net income of 72,141,272,000 contributed positively to equity growth.
- Dividend payments of 30,785,988,000 reduced retained earnings.
- Share repurchases of 72,895,500 reduced equity.
- New share issuances of 72,895,500 increased equity.
- Other comprehensive income decreased equity by 1,996,806,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp72.14 Billion | +8.47% |
| Dividends Paid | Rp30.79 Billion | -3.62% |
| Share Repurchases | Rp72.90 Million | -0.01% |
| Share Issuances | Rp72.90 Million | +0.01% |
| Other Comprehensive Income | Rp-2.00 Billion | -0.23% |
| Other Changes | Rp5.76 Billion | +0.68% |
| Total Change | Rp- | 5.60% |
Book Value vs Market Value Analysis
This analysis compares Ifishdeco 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: 2.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.95x to 2.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp131.86 | Rp1180.00 | x |
| 2017-12-31 | Rp132.23 | Rp1180.00 | x |
| 2018-12-31 | Rp152.12 | Rp1180.00 | x |
| 2019-12-31 | Rp247.71 | Rp1180.00 | x |
| 2020-12-31 | Rp263.03 | Rp1180.00 | x |
| 2021-12-31 | Rp318.26 | Rp1180.00 | x |
| 2022-12-31 | Rp367.52 | Rp1180.00 | x |
| 2023-12-31 | Rp404.63 | Rp1180.00 | x |
| 2024-12-31 | Rp419.28 | Rp1180.00 | x |
| 2025-12-31 | Rp442.73 | Rp1180.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ifishdeco 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): 8.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.21%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.25x
- Recent ROE (8.47%) is below the historical average (15.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 10.17% | 7.64% | 0.80x | 1.65x | Rp371.19 Million |
| 2017 | 5.99% | 4.15% | 0.66x | 2.20x | Rp-9.01 Billion |
| 2018 | 15.25% | 7.79% | 0.77x | 2.54x | Rp13.56 Billion |
| 2019 | 21.24% | 10.30% | 0.91x | 2.27x | Rp59.15 Billion |
| 2020 | 5.71% | 8.05% | 0.35x | 2.03x | Rp-23.96 Billion |
| 2021 | 25.07% | 18.71% | 0.90x | 1.49x | Rp101.89 Billion |
| 2022 | 25.50% | 21.21% | 0.86x | 1.40x | Rp121.09 Billion |
| 2023 | 27.09% | 14.74% | 1.34x | 1.38x | Rp133.28 Billion |
| 2024 | 10.38% | 8.60% | 0.97x | 1.25x | Rp3.04 Billion |
| 2025 | 8.47% | 7.21% | 0.94x | 1.25x | Rp-13.00 Billion |
Industry Comparison
This section compares Ifishdeco PT'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: $937,494,783,983
- Average return on equity (ROE) among peers: 4.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ifishdeco PT (IFSH) | Rp913.16 Billion | 10.17% | 0.16x | $132.97 Million |
| Bumi Resources Minerals Tbk (BRMS) | $637.72 Million | -49.47% | 0.69x | $988.88 Million |
| Cita Mineral Investindo Tbk PT (CITA) | $800.67 Billion | 12.45% | 0.78x | $714.75 Million |
| Central Omega Resources Tbk PT (DKFT) | $1.17 Trillion | -2.87% | 0.94x | $229.38 Million |
| Vale Indonesia Tbk (INCO) | $1.82 Billion | -0.84% | 0.20x | $3.13 Billion |
| Sumber Energi Andalan Tbk PT (ITMA) | $216.39 Million | 0.80% | 0.20x | $90.45 Million |
| Merdeka Copper Gold PT (MDKA) | $18.68 Million | 0.00% | 0.16x | $3.92 Billion |
| PT Trimegah Bangun Persada Tbk (NCKL) | $5.97 Trillion | 19.58% | 1.23x | $3.34 Billion |
| PAM Mineral Tbk PT (NICL) | $497.32 Billion | 30.11% | 0.21x | $392.58 Million |
| Petrosea Tbk (PTRO) | $187.29 Million | 26.23% | 1.83x | $2.63 Billion |
About Ifishdeco PT
PT Ifishdeco Tbk engages in the mining exploration, development, production, transportation, trading, and sales of nickel ores in Indonesia and internationally. The company operates through Nickel Mining and Processing, Silica Mining, and Mining Services and Others segments. It processes, transports, trades in, and sells nickel pig iron and ferronickel alloy. In addition, the company is involved … Read more