Ifishdeco PT (IFSH) - Net Assets
Based on the latest financial reports, Ifishdeco PT (IFSH) has net assets worth Rp843.65 Billion IDR (≈ $49.43 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.00 Trillion ≈ $58.72 Million USD) and total liabilities (Rp158.51 Billion ≈ $9.29 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 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp843.65 Billion |
| % of Total Assets | 84.18% |
| Annual Growth Rate | 17.92% |
| 5-Year Change | 54.34% |
| 10-Year Change | N/A |
| Growth Volatility | 31.08 |
Ifishdeco PT - Net Assets Trend (2016–2024)
This chart illustrates how Ifishdeco PT's net assets have evolved over time, based on quarterly financial data. Also explore Ifishdeco PT (IFSH) total assets for the complete picture of this company's asset base.
Annual Net Assets for Ifishdeco PT (2016–2024)
The table below shows the annual net assets of Ifishdeco PT from 2016 to 2024. For live valuation and market cap data, see IFSH stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 312.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp686.51 Billion | 85.14% |
| Common Stock | Rp212.50 Billion | 26.35% |
| Other Comprehensive Income | Rp-53.77 Billion | -6.67% |
| Total Equity | Rp806.30 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 |
|---|---|
|
Sygnia Ltd
JSE:SYG
|
$264.87 Million |
|
UTI Inc
KQ:179900
|
$264.90 Million |
|
Space Asset Acquisition Corp. Class A Ordinary Shares
NASDAQ:SAAQ
|
$264.94 Million |
|
LGI Ltd
AU:LGI
|
$264.95 Million |
|
Entravision Communications
NYSE:EVC
|
$264.74 Million |
|
PetroVietnam Power Nhon Trach 2 JSC
VN:NT2
|
$264.69 Million |
|
GSI Technology Inc
NASDAQ:GSIT
|
$264.67 Million |
|
Hanoi Beer Alcohol and Beverage JSC
VN:BHN
|
$264.65 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 2023 to 2024, total equity changed from 779,778,859,032 to 806,303,575,000, a change of 26,524,715,968 (3.4%).
- Net income of 83,666,330,000 contributed positively to equity growth.
- Dividend payments of 60,388,845,000 reduced retained earnings.
- Share repurchases of 94,956,000 reduced equity.
- New share issuances of 94,956,000 increased equity.
- Other comprehensive income increased equity by 129,181,643.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp83.67 Billion | +10.38% |
| Dividends Paid | Rp60.39 Billion | -7.49% |
| Share Repurchases | Rp94.96 Million | -0.01% |
| Share Issuances | Rp94.96 Million | +0.01% |
| Other Comprehensive Income | Rp129.18 Million | +0.02% |
| Other Changes | Rp3.12 Billion | +0.39% |
| Total Change | Rp- | 3.40% |
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: 5.60x
- 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 17.82x to 5.60x 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 | Rp2350.00 | x |
| 2017-12-31 | Rp132.23 | Rp2350.00 | x |
| 2018-12-31 | Rp152.12 | Rp2350.00 | x |
| 2019-12-31 | Rp247.71 | Rp2350.00 | x |
| 2020-12-31 | Rp263.03 | Rp2350.00 | x |
| 2021-12-31 | Rp318.26 | Rp2350.00 | x |
| 2022-12-31 | Rp367.52 | Rp2350.00 | x |
| 2023-12-31 | Rp404.63 | Rp2350.00 | x |
| 2024-12-31 | Rp419.28 | Rp2350.00 | 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): 10.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.60%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.25x
- Recent ROE (10.38%) is below the historical average (16.27%), 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 |
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: $2,234,774,787,554
- Average return on equity (ROE) among peers: 8.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ifishdeco PT (IFSH) | Rp843.65 Billion | 10.17% | 0.19x | $264.82 Million |
| Bumi Resources Minerals Tbk (BRMS) | $-2.84 Billion | 0.00% | 0.00x | $1.21 Billion |
| Cita Mineral Investindo Tbk PT (CITA) | $5.52 Trillion | 13.02% | 0.13x | $867.91 Million |
| Central Omega Resources Tbk PT (DKFT) | $418.78 Billion | 14.96% | 5.13x | $269.76 Million |
| Vale Indonesia Tbk (INCO) | $2.78 Billion | 2.71% | 0.21x | $4.23 Billion |
| Sumber Energi Andalan Tbk PT (ITMA) | $5.89 Billion | 0.00% | 2.84x | $115.91 Million |
| Merdeka Copper Gold PT (MDKA) | $563.65 Million | 5.13% | 0.65x | $4.62 Billion |
| PT Trimegah Bangun Persada Tbk (NCKL) | $14.23 Trillion | 32.80% | 1.43x | $3.86 Billion |
| PAM Mineral Tbk PT (NICL) | $-62.80 Billion | 0.00% | 0.00x | $545.25 Million |
| Petrosea Tbk (PTRO) | $74.87 Million | 8.60% | 0.60x | $2.98 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. The company was founded in 1971 and i… Read more