Intikeramik Alamasri Industri Net Assets

Latest as of September 2025: Rp668.09 Billion IDR ≈ $39.15 Million USD

Intikeramik Alamasri Industri net assets. Based on the latest financial reports, Intikeramik Alamasri Industri (IKAI) has net assets worth Rp668.09 Billion IDR (≈ $39.15 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 (Rp1.11 Trillion ≈ $65.16 Million USD) and total liabilities (Rp443.90 Billion ≈ $26.01 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. Also explore Intikeramik Alamasri Industri equity growth rate to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp668.09 Billion
% of Total Assets	60.08%
Annual Growth Rate	N/A
5-Year Change	-19.19%
10-Year Change	884.78%
Growth Volatility	52.1

Net Assets of Intikeramik Alamasri Industri (2000–2024)

Net assets of Intikeramik Alamasri Industri from 2000 to 2024. This chart illustrates how Intikeramik Alamasri Industri's net assets have evolved over time, based on quarterly financial data. See IKAI equity to assets ratio to measure how much of total assets are equity-financed.

Annual Net Assets for Intikeramik Alamasri Industri (2000–2024)

The table below shows the annual net assets of Intikeramik Alamasri Industri from 2000 to 2024. For live market cap and overall valuation, see IKAI market cap.

Year	Net Assets	Change
2024-12-31	Rp679.83 Billion ≈ $39.84 Million	-9.86%
2023-12-31	Rp754.17 Billion ≈ $44.19 Million	+0.94%
2022-12-31	Rp747.18 Billion ≈ $43.78 Million	-4.65%
2021-12-31	Rp783.63 Billion ≈ $45.92 Million	-6.85%
2020-12-31	Rp841.24 Billion ≈ $49.29 Million	-8.22%
2019-12-31	Rp916.55 Billion ≈ $53.71 Million	+15.42%
2018-12-31	Rp794.13 Billion ≈ $46.53 Million	+853.25%
2017-12-31	Rp-105.43 Billion ≈ $-6.18 Million	-70.46%
2016-12-31	Rp-61.85 Billion ≈ $-3.62 Million	-189.59%
2015-12-31	Rp69.03 Billion ≈ $4.05 Million	-61.36%
2014-12-31	Rp178.66 Billion ≈ $10.47 Million	-13.02%
2013-12-31	Rp205.41 Billion ≈ $12.04 Million	-17.47%
2012-12-31	Rp248.89 Billion ≈ $14.58 Million	-13.84%
2011-12-31	Rp288.88 Billion ≈ $16.93 Million	-15.01%
2010-12-31	Rp339.87 Billion ≈ $19.92 Million	+9.41%
2009-12-31	Rp310.64 Billion ≈ $18.20 Million	-10.32%
2008-12-31	Rp346.39 Billion ≈ $20.30 Million	+0.99%
2007-12-31	Rp342.98 Billion ≈ $20.10 Million	+63.11%
2006-12-31	Rp210.28 Billion ≈ $12.32 Million	+98.03%
2005-12-31	Rp106.18 Billion ≈ $6.22 Million	+11.68%
2004-12-31	Rp95.08 Billion ≈ $5.57 Million	+1.76%
2003-12-31	Rp93.43 Billion ≈ $5.47 Million	-29.72%
2002-12-31	Rp132.95 Billion ≈ $7.79 Million	+187.10%
2001-12-31	Rp-152.64 Billion ≈ $-8.94 Million	-29.36%
2000-12-31	Rp-118.00 Billion ≈ $-6.91 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Intikeramik Alamasri Industri'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 decreased by 72545971000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Intikeramik Alamasri Industri Net Assets Breakdown (December 2024)

Intikeramik Alamasri Industri net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Common Stock	Rp981.84 Billion	147.17%
Other Comprehensive Income	Rp13.79 Billion	2.07%
Other Components	Rp396.96 Billion	59.50%
Total Equity	Rp667.13 Billion	100.00%

Intikeramik Alamasri Industri Competitors by Market Cap

The table below lists competitors of Intikeramik Alamasri Industri ranked by their market capitalization.

Company	Market Cap
Churchill Capital Corp IX Warrant NASDAQ:CCIXW	$14.04 Million
Akritas S.A AT:AKRIT	$14.04 Million
Acumentis Group Ltd AU:ACU	$14.04 Million
Bal Pharma Limited NSE:BALPHARMA	$14.04 Million
Samjin LND Co. Ltd KQ:054090	$14.03 Million
DELPHI WORLD MONEY LIMITED NSE:DELPHIFX	$14.03 Million
California Nanotechnologies Corp V:CNO	$14.03 Million
Ecocab Co. Ltd KQ:128540	$14.02 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Intikeramik Alamasri Industri's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 733,837,933,000 to 667,129,513,000, a change of -66,708,420,000 (-9.1%).
Net loss of 62,303,107,000 reduced equity.
Other comprehensive income decreased equity by 4,405,313,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Rp-62.30 Billion	-9.34%
Other Comprehensive Income	Rp-4.41 Billion	-0.66%
Total Change	Rp-	-9.09%

Book Value vs Market Value Analysis

This analysis compares Intikeramik Alamasri Industri'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: 0.36x
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 increased from 0.12x to 0.36x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	Rp145.44	Rp18.00	x
2013-12-31	Rp120.35	Rp18.00	x
2014-12-31	Rp108.76	Rp18.00	x
2015-12-31	Rp40.07	Rp18.00	x
2016-12-31	Rp-36.69	Rp18.00	x
2017-12-31	Rp-62.31	Rp18.00	x
2018-12-31	Rp90.06	Rp18.00	x
2019-12-31	Rp73.44	Rp18.00	x
2020-12-31	Rp62.54	Rp18.00	x
2021-12-31	Rp57.35	Rp18.00	x
2022-12-31	Rp54.45	Rp18.00	x
2023-12-31	Rp55.15	Rp18.00	x
2024-12-31	Rp50.14	Rp18.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Intikeramik Alamasri Industri 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): -9.34%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -35.24%
• Asset Turnover: 0.16x
• Equity Multiplier: 1.67x
Recent ROE (-9.34%) is above the historical average (-14.59%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	1.33%	1.16%	0.35x	3.28x	Rp-18.04 Billion
2007	3.61%	6.00%	0.26x	2.27x	Rp-21.71 Billion
2008	0.96%	1.35%	0.31x	2.29x	Rp-30.99 Billion
2012	-16.09%	-19.72%	0.40x	2.06x	Rp-64.33 Billion
2013	-21.17%	-20.37%	0.44x	2.37x	Rp-63.44 Billion
2014	-14.83%	-10.01%	0.51x	2.93x	Rp-43.94 Billion
2015	-159.09%	-76.35%	0.36x	5.76x	Rp-114.58 Billion
2016	0.00%	-171.78%	0.32x	0.00x	Rp-137.70 Billion
2017	0.00%	-324.43%	0.06x	0.00x	Rp-32.61 Billion
2018	9.30%	635.33%	0.01x	1.74x	Rp-5.38 Billion
2019	-7.94%	-84.85%	0.06x	1.50x	Rp-162.03 Billion
2020	-9.02%	-81.07%	0.07x	1.54x	Rp-158.26 Billion
2021	-7.54%	-30.89%	0.15x	1.63x	Rp-133.85 Billion
2022	-4.87%	-14.98%	0.19x	1.68x	Rp-107.75 Billion
2023	1.24%	4.35%	0.18x	1.61x	Rp-64.31 Billion
2024	-9.34%	-35.24%	0.16x	1.67x	Rp-129.02 Billion

Industry Comparison

This section compares Intikeramik Alamasri Industri's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

Industry: Building Products & Equipment
Average net assets among peers: $1,078,297,898,576
Average return on equity (ROE) among peers: 11.98%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Intikeramik Alamasri Industri (IKAI)	Rp668.09 Billion	1.33%	0.66x	$14.03 Million
Arwana Citramulia Tbk (ARNA)	$894.73 Billion	7.80%	0.60x	$205.14 Million
Cahayaputra Asa Keramik Tbk PT (CAKK)	$242.76 Billion	5.07%	0.82x	$10.36 Million
Impack Pratama Industri Tbk (IMPC)	$600.21 Billion	36.25%	1.11x	$2.49 Billion
Keramika Indonesia Assosiasi (KIAS)	$1.43 Trillion	-5.66%	0.24x	$522.97K
Kokoh Inti Arebama Tbk (KOIN)	$125.06 Billion	5.00%	3.09x	$4.48 Million
Ace Oldfields PT (KUAS)	$162.88 Billion	6.94%	0.71x	$4.39 Million
PT Mulia Industrindo Tbk (MLIA)	$4.96 Trillion	11.35%	0.42x	$69.77 Million
Surya Toto Indonesia Tbk (TOTO)	$215.83 Billion	29.14%	2.93x	$139.08 Million

About Intikeramik Alamasri Industri

JK:IKAI Indonesia Building Products & Equipment

Market Cap

$14.03 Million

Rp239.50 Billion IDR

Market Cap Rank

#25999 Global

#558 in Indonesia

Share Price

Rp18.00

Change (1 day)

+5.88%

52-Week Range

Rp12.00 - Rp36.00

All Time High

Rp299.55