Indal Aluminium Industry Tbk (INAI) - Net Assets
Based on the latest financial reports, Indal Aluminium Industry Tbk (INAI) has net assets worth Rp64.43 Billion IDR (≈ $3.78 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.22 Trillion ≈ $71.64 Million USD) and total liabilities (Rp1.16 Trillion ≈ $67.86 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 Indal Aluminium Industry Tbk PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp64.43 Billion |
| % of Total Assets | 5.27% |
| Annual Growth Rate | -0.3% |
| 5-Year Change | -76.73% |
| 10-Year Change | -65.13% |
| Growth Volatility | 26.8 |
Indal Aluminium Industry Tbk - Net Assets Trend (2000–2025)
This chart illustrates how Indal Aluminium Industry Tbk's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see INAI market cap overview.
Annual Net Assets for Indal Aluminium Industry Tbk (2000–2025)
The table below shows the annual net assets of Indal Aluminium Industry Tbk from 2000 to 2025. Also explore INAI net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp89.97 Billion ≈ $5.27 Million |
-54.11% |
| 2024-12-31 | Rp196.07 Billion ≈ $11.49 Million |
-28.42% |
| 2023-12-31 | Rp273.92 Billion ≈ $16.05 Million |
-7.92% |
| 2022-12-31 | Rp297.48 Billion ≈ $17.43 Million |
-23.06% |
| 2021-12-31 | Rp386.64 Billion ≈ $22.66 Million |
+20.30% |
| 2020-12-31 | Rp321.40 Billion ≈ $18.83 Million |
+0.67% |
| 2019-12-31 | Rp319.27 Billion ≈ $18.71 Million |
+5.06% |
| 2018-12-31 | Rp303.88 Billion ≈ $17.81 Million |
+9.55% |
| 2017-12-31 | Rp277.40 Billion ≈ $16.25 Million |
+7.51% |
| 2016-12-31 | Rp258.02 Billion ≈ $15.12 Million |
+7.59% |
| 2015-12-31 | Rp239.82 Billion ≈ $14.05 Million |
+64.44% |
| 2014-12-31 | Rp145.84 Billion ≈ $8.55 Million |
+33.59% |
| 2013-12-31 | Rp109.18 Billion ≈ $6.40 Million |
-15.51% |
| 2012-12-31 | Rp129.22 Billion ≈ $7.57 Million |
+21.83% |
| 2011-12-31 | Rp106.06 Billion ≈ $6.21 Million |
+33.07% |
| 2010-12-31 | Rp79.71 Billion ≈ $4.67 Million |
+24.97% |
| 2009-12-31 | Rp63.78 Billion ≈ $3.74 Million |
-16.74% |
| 2008-12-31 | Rp76.61 Billion ≈ $4.49 Million |
+1.33% |
| 2007-12-31 | Rp75.60 Billion ≈ $4.43 Million |
+40.70% |
| 2006-12-31 | Rp53.73 Billion ≈ $3.15 Million |
+30.44% |
| 2005-12-31 | Rp41.19 Billion ≈ $2.41 Million |
-32.72% |
| 2004-12-31 | Rp61.23 Billion ≈ $3.59 Million |
+3.94% |
| 2003-12-31 | Rp58.91 Billion ≈ $3.45 Million |
-40.25% |
| 2002-12-31 | Rp98.60 Billion ≈ $5.78 Million |
+0.38% |
| 2001-12-31 | Rp98.22 Billion ≈ $5.76 Million |
+1.40% |
| 2000-12-31 | Rp96.87 Billion ≈ $5.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Indal Aluminium Industry 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 decreased by 2090.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp79.20 Billion | 88.03% |
| Other Comprehensive Income | Rp262.75 Billion | 292.05% |
| Other Components | Rp25.27 Billion | 28.09% |
| Total Equity | Rp89.97 Billion | 100.00% |
Indal Aluminium Industry Tbk Competitors by Market Cap
The table below lists competitors of Indal Aluminium Industry Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fortune Indonesia Tbk
JK:FORU
|
$6.43 Million |
|
STRATHMORE PLUS URANIUM
F:TO3
|
$6.43 Million |
|
Intelligent Living Application Group Inc
NASDAQ:ILAG
|
$6.44 Million |
|
Masonglory Limited Ordinary Shares
NASDAQ:MSGY
|
$6.44 Million |
|
Funding Circle Holdings PLC
LSE:FCH
|
$6.42 Million |
|
Creative Medical Technology Holdings Inc
NASDAQ:CELZ
|
$6.42 Million |
|
Coil S.A./N.V
PA:ALCOI
|
$6.42 Million |
|
Teuza A Fairchild Technology Venture Ltd
TA:TUZA
|
$6.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indal Aluminium Industry Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 196,065,803,000 to 89,967,400,000, a change of -106,098,403,000 (-54.1%).
- Net loss of 108,355,049,000 reduced equity.
- Other comprehensive income increased equity by 7,603,378,000.
- Other factors decreased equity by 5,346,732,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-108.36 Billion | -120.44% |
| Other Comprehensive Income | Rp7.60 Billion | +8.45% |
| Other Changes | Rp-5.35 Billion | -5.94% |
| Total Change | Rp- | -54.11% |
Book Value vs Market Value Analysis
This analysis compares Indal Aluminium Industry 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: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.85x to 1.22x 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 | Rp203.94 | Rp173.00 | x |
| 2013-12-31 | Rp172.31 | Rp173.00 | x |
| 2014-12-31 | Rp230.18 | Rp173.00 | x |
| 2015-12-31 | Rp378.51 | Rp173.00 | x |
| 2016-12-31 | Rp814.45 | Rp173.00 | x |
| 2017-12-31 | Rp437.82 | Rp173.00 | x |
| 2018-12-31 | Rp479.61 | Rp173.00 | x |
| 2019-12-31 | Rp503.90 | Rp173.00 | x |
| 2020-12-31 | Rp507.27 | Rp173.00 | x |
| 2021-12-31 | Rp610.23 | Rp173.00 | x |
| 2022-12-31 | Rp469.51 | Rp173.00 | x |
| 2023-12-31 | Rp432.33 | Rp173.00 | x |
| 2024-12-31 | Rp309.45 | Rp173.00 | x |
| 2025-12-31 | Rp141.99 | Rp173.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indal Aluminium Industry 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): -120.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.40%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 13.32x
- Recent ROE (-120.44%) is below the historical average (-3.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 1.38% | 0.39% | 1.31x | 2.72x | Rp-8.47 Billion |
| 2002 | 0.38% | 0.13% | 0.96x | 3.05x | Rp-9.48 Billion |
| 2004 | 3.79% | 0.49% | 1.16x | 6.64x | Rp-3.80 Billion |
| 2006 | 4.15% | 0.40% | 1.04x | 9.95x | Rp-3.14 Billion |
| 2007 | 0.44% | 0.07% | 1.06x | 6.39x | Rp-7.23 Billion |
| 2008 | 1.32% | 0.16% | 1.03x | 8.12x | Rp-6.65 Billion |
| 2010 | 19.98% | 3.45% | 1.19x | 4.88x | Rp7.95 Billion |
| 2011 | 24.85% | 4.74% | 1.02x | 5.13x | Rp15.75 Billion |
| 2012 | 17.92% | 3.97% | 0.95x | 4.74x | Rp10.23 Billion |
| 2013 | 4.60% | 0.78% | 0.84x | 6.97x | Rp-5.90 Billion |
| 2014 | 15.13% | 2.36% | 1.04x | 6.15x | Rp7.47 Billion |
| 2015 | 11.93% | 2.07% | 1.04x | 5.55x | Rp4.63 Billion |
| 2016 | 13.78% | 2.77% | 0.96x | 5.19x | Rp9.75 Billion |
| 2017 | 13.93% | 3.94% | 0.81x | 4.38x | Rp10.91 Billion |
| 2018 | 13.32% | 3.58% | 0.81x | 4.61x | Rp10.07 Billion |
| 2019 | 10.51% | 2.76% | 1.00x | 3.80x | Rp1.63 Billion |
| 2020 | 1.24% | 0.39% | 0.74x | 4.34x | Rp-28.15 Billion |
| 2021 | 1.12% | 0.30% | 0.93x | 3.99x | Rp-34.34 Billion |
| 2022 | -38.31% | -7.92% | 0.93x | 5.23x | Rp-143.70 Billion |
| 2023 | -21.11% | -4.58% | 0.86x | 5.39x | Rp-85.23 Billion |
| 2024 | -50.33% | -9.32% | 0.85x | 6.33x | Rp-118.29 Billion |
| 2025 | -120.44% | -13.40% | 0.67x | 13.32x | Rp-117.35 Billion |
Industry Comparison
This section compares Indal Aluminium Industry Tbk's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $91,885,339,020
- Average return on equity (ROE) among peers: 13.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indal Aluminium Industry Tbk (INAI) | Rp64.43 Billion | 1.38% | 17.97x | $6.42 Million |
| Alakasa Industrindo Tbk (ALKA) | $183.77 Billion | 26.12% | 2.48x | $46.50 Million |
| Alumindo Light Metal Industry (ALMI) | $-164.96K | 0.00% | 0.00x | $16.55 Million |
About Indal Aluminium Industry Tbk
PT Indal Aluminium Industry Tbk, together with its subsidiaries, engages in the manufacture and distribution of aluminum products in Indonesia. The company operates in four divisions: Manufacturing Industry, Construction Services, Software Services, and General Trading and Investments. It provides aluminum solar frames and mounting systems; architectural products, such as curtain walls, doors, wi… Read more