Era Mandiri Cemerlang Tbk PT (IKAN) - Net Assets
Based on the latest financial reports, Era Mandiri Cemerlang Tbk PT (IKAN) has net assets worth Rp75.03 Billion IDR (≈ $4.40 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 (Rp129.17 Billion ≈ $7.57 Million USD) and total liabilities (Rp54.14 Billion ≈ $3.17 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 IKAN asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp75.03 Billion |
| % of Total Assets | 58.08% |
| Annual Growth Rate | 34.44% |
| 5-Year Change | 7.77% |
| 10-Year Change | N/A |
| Growth Volatility | 65.91 |
Era Mandiri Cemerlang Tbk PT - Net Assets Trend (2017–2024)
This chart illustrates how Era Mandiri Cemerlang Tbk PT's net assets have evolved over time, based on quarterly financial data. Check Era Mandiri Cemerlang Tbk PT tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Era Mandiri Cemerlang Tbk PT (2017–2024)
The table below shows the annual net assets of Era Mandiri Cemerlang Tbk PT from 2017 to 2024. For live valuation and market cap data, see market value of Era Mandiri Cemerlang Tbk PT.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp74.50 Billion ≈ $4.37 Million |
+1.11% |
| 2023-12-31 | Rp73.69 Billion ≈ $4.32 Million |
+1.28% |
| 2022-12-31 | Rp72.76 Billion ≈ $4.26 Million |
+2.87% |
| 2021-12-31 | Rp70.72 Billion ≈ $4.14 Million |
+2.30% |
| 2020-12-31 | Rp69.13 Billion ≈ $4.05 Million |
+105.95% |
| 2019-12-31 | Rp33.57 Billion ≈ $1.97 Million |
+182.58% |
| 2018-12-31 | Rp11.88 Billion ≈ $696.08K |
+26.57% |
| 2017-12-31 | Rp9.39 Billion ≈ $549.94K |
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Equity Component Analysis
This analysis shows how different components contribute to Era Mandiri Cemerlang 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 191.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp12.34 Billion | 16.56% |
| Common Stock | Rp41.67 Billion | 55.93% |
| Other Comprehensive Income | Rp352.08 Million | 0.47% |
| Other Components | Rp20.15 Billion | 27.04% |
| Total Equity | Rp74.50 Billion | 100.00% |
Era Mandiri Cemerlang Tbk PT Competitors by Market Cap
The table below lists competitors of Era Mandiri Cemerlang Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prolexus Bhd
KLSE:8966
|
$4.25 Million |
|
Alliance Pharma plc
LSE:APH
|
$4.26 Million |
|
TaoWeave Inc.
NASDAQ:TWAV
|
$4.26 Million |
|
Archidply Decor Limited
NSE:ADL
|
$4.26 Million |
|
NewRiver REIT plc
LSE:NRR
|
$4.24 Million |
|
PREMIER AFRICAN MINERALS
F:0PA
|
$4.24 Million |
|
Pittler Maschinenfabrik AG
F:PIT
|
$4.24 Million |
|
AIxCrypto Holdings, Inc.
NASDAQ:AIXC
|
$4.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Era Mandiri Cemerlang Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 73,686,172,369 to 74,502,346,495, a change of 816,174,126 (1.1%).
- Net income of 432,228,663 contributed positively to equity growth.
- Other comprehensive income increased equity by 393,945,462.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp432.23 Million | +0.58% |
| Other Comprehensive Income | Rp393.95 Million | +0.53% |
| Other Changes | Rp-10.00 Million | -0.01% |
| Total Change | Rp- | 1.11% |
Book Value vs Market Value Analysis
This analysis compares Era Mandiri Cemerlang 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: 0.97x
- 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 386.24x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Rp0.23 | Rp87.00 | x |
| 2018-12-31 | Rp0.29 | Rp87.00 | x |
| 2019-12-31 | Rp40.28 | Rp87.00 | x |
| 2020-12-31 | Rp88.89 | Rp87.00 | x |
| 2021-12-31 | Rp84.87 | Rp87.00 | x |
| 2022-12-31 | Rp87.31 | Rp87.00 | x |
| 2023-12-31 | Rp88.42 | Rp87.00 | x |
| 2024-12-31 | Rp89.40 | Rp87.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Era Mandiri Cemerlang 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): 0.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.37%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.86x
- Recent ROE (0.58%) is below the historical average (5.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.30% | 0.70% | 1.05x | 7.15x | Rp-440.84 Million |
| 2018 | 21.04% | 2.07% | 1.48x | 6.85x | Rp1.31 Billion |
| 2019 | 13.98% | 4.28% | 1.14x | 2.86x | Rp1.34 Billion |
| 2020 | -1.57% | -1.28% | 0.64x | 1.92x | Rp-8.00 Billion |
| 2021 | 2.26% | 1.44% | 0.86x | 1.83x | Rp-5.47 Billion |
| 2022 | 2.80% | 1.80% | 0.90x | 1.73x | Rp-5.24 Billion |
| 2023 | 1.27% | 0.65% | 1.02x | 1.92x | Rp-6.43 Billion |
| 2024 | 0.58% | 0.37% | 0.84x | 1.86x | Rp-7.02 Billion |
Industry Comparison
This section compares Era Mandiri Cemerlang Tbk PT's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $443,652,745,569
- Average return on equity (ROE) among peers: 19.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Era Mandiri Cemerlang Tbk PT (IKAN) | Rp75.03 Billion | 5.30% | 0.72x | $4.25 Million |
| Astra Agro Lestari Tbk (AALI) | $2.15 Trillion | 37.20% | 0.57x | $826.11 Million |
| Asia Sejahtera Mina Tbk (AGAR) | $106.55 Billion | -0.72% | 0.61x | $58.60 Million |
| Andira Agro Tbk PT (ANDI) | $238.69 Billion | -4.52% | 0.86x | $9.86 Million |
| Austindo Nusantara Jaya Tbk (ANJT) | $433.28 Million | 8.54% | 0.51x | $293.83 Million |
| PT Cilacap Samudera Fishing Industry Tbk (ASHA) | $30.47 Billion | 2.11% | 0.81x | $17.58 Million |
| PT Janu Putra Sejahtera Tbk (AYAM) | $78.83 Billion | 76.85% | 1.86x | $107.35 Million |
| Bumi Teknokultura Unggul Tbk (BTEK) | $79.94 Billion | 0.00% | 0.01x | $29.83 Million |
| Charoen Pokphand Indonesia TBK PT (CPIN) | $632.43 Billion | 0.00% | 3.13x | $3.02 Billion |
| Central Proteina Prima Tbk (CPRO) | $707.58 Billion | 53.83% | 7.94x | $120.94 Million |
| Cisadane Sawit Raya Pt (CSRA) | $408.77 Billion | 23.68% | 1.91x | $90.09 Million |
About Era Mandiri Cemerlang Tbk PT
PT Era Mandiri Cemerlang Tbk produces and supplies seafood products in Indonesia. It offers mahi-mahi, tuna, swordfish, oilfish, red snapper, grouper, black pomfret, octopus, spanish mackerel, shark, wahoo, goldband snapper, leather jacket, emperor, parrotfish, milkfish, and other fish products. The company also exports its products to the United States, Mexico, Ecuador, German, Holland, Poland, … Read more