Indo Komoditi Korpora Tbk PT (INCF) - Net Assets
Based on the latest financial reports, Indo Komoditi Korpora Tbk PT (INCF) has net assets worth Rp149.75 Billion IDR (≈ $8.78 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 (Rp425.38 Billion ≈ $24.93 Million USD) and total liabilities (Rp275.62 Billion ≈ $16.15 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 INCF asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp149.75 Billion |
| % of Total Assets | 35.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | 5.02% |
| 10-Year Change | 1.53% |
| Growth Volatility | 397.03 |
Indo Komoditi Korpora Tbk PT - Net Assets Trend (2011–2024)
This chart illustrates how Indo Komoditi Korpora Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore Indo Komoditi Korpora Tbk PT assets under control for the complete picture of this company's asset base.
Annual Net Assets for Indo Komoditi Korpora Tbk PT (2011–2024)
The table below shows the annual net assets of Indo Komoditi Korpora Tbk PT from 2011 to 2024. For live valuation and market cap data, see Indo Komoditi Korpora Tbk PT stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp148.63 Billion ≈ $8.71 Million |
+1.12% |
| 2023-12-31 | Rp146.98 Billion ≈ $8.61 Million |
+1.05% |
| 2022-12-31 | Rp145.45 Billion ≈ $8.52 Million |
+0.55% |
| 2021-12-31 | Rp144.65 Billion ≈ $8.48 Million |
+2.21% |
| 2020-12-31 | Rp141.53 Billion ≈ $8.29 Million |
-4.41% |
| 2019-12-31 | Rp148.06 Billion ≈ $8.68 Million |
-1.09% |
| 2018-12-31 | Rp149.69 Billion ≈ $8.77 Million |
+4.97% |
| 2017-12-31 | Rp142.61 Billion ≈ $8.36 Million |
+1.50% |
| 2016-12-31 | Rp140.50 Billion ≈ $8.23 Million |
-4.02% |
| 2015-12-31 | Rp146.39 Billion ≈ $8.58 Million |
+1323.63% |
| 2014-12-31 | Rp10.28 Billion ≈ $602.55K |
+246.89% |
| 2013-12-31 | Rp-7.00 Billion ≈ $-410.21K |
+17.53% |
| 2011-12-31 | Rp-8.49 Billion ≈ $-497.41K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Indo Komoditi Korpora 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 1043130667000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp168.37 Billion | 114.19% |
| Other Comprehensive Income | Rp7.80 Billion | 5.29% |
| Other Components | Rp21.89 Billion | 14.84% |
| Total Equity | Rp147.45 Billion | 100.00% |
Indo Komoditi Korpora Tbk PT Competitors by Market Cap
The table below lists competitors of Indo Komoditi Korpora Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Olympio Metals Ltd
AU:OLY
|
$4.97 Million |
|
Aeeris Ltd
AU:AER
|
$4.98 Million |
|
Ibstock PLC
LSE:IBST
|
$4.98 Million |
|
ESE Entertainment Inc
V:ESE
|
$4.98 Million |
|
GreenPower Motor Company Inc
NASDAQ:GP
|
$4.97 Million |
|
Jain Irrigation Systems Limited
NSE:JISLDVREQS
|
$4.97 Million |
|
Alzinova AB
ST:ALZ
|
$4.97 Million |
|
CPPGroup Plc
F:4CV1
|
$4.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indo Komoditi Korpora Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 145,813,663,000 to 147,446,003,000, a change of 1,632,340,000 (1.1%).
- Net income of 1,302,272,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 330,067,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.30 Billion | +0.88% |
| Other Comprehensive Income | Rp330.07 Million | +0.22% |
| Other Changes | Rp1.00K | +0.0% |
| Total Change | Rp- | 1.12% |
Book Value vs Market Value Analysis
This analysis compares Indo Komoditi Korpora 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: 0.58x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Rp-138.42 | Rp59.00 | x |
| 2013-12-31 | Rp-116.84 | Rp59.00 | x |
| 2014-12-31 | Rp-17.91 | Rp59.00 | x |
| 2015-12-31 | Rp79.34 | Rp59.00 | x |
| 2016-12-31 | Rp82.65 | Rp59.00 | x |
| 2017-12-31 | Rp83.87 | Rp59.00 | x |
| 2018-12-31 | Rp88.05 | Rp59.00 | x |
| 2019-12-31 | Rp102.03 | Rp59.00 | x |
| 2020-12-31 | Rp97.53 | Rp59.00 | x |
| 2021-12-31 | Rp99.68 | Rp59.00 | x |
| 2022-12-31 | Rp100.29 | Rp59.00 | x |
| 2023-12-31 | Rp101.37 | Rp59.00 | x |
| 2024-12-31 | Rp102.51 | Rp59.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indo Komoditi Korpora 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): 0.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.71%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.97x
- Recent ROE (0.88%) is above the historical average (0.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | -12641.01% | 0.03x | 0.00x | Rp-4.19 Billion |
| 2013 | 0.00% | 0.00% | 0.00x | 0.00x | Rp-1.09 Billion |
| 2014 | 0.00% | -2.62% | 0.26x | 0.00x | Rp-2.56 Billion |
| 2015 | 3.69% | 1.31% | 0.89x | 3.17x | Rp-8.43 Billion |
| 2016 | 4.20% | 1.31% | 1.02x | 3.15x | Rp-8.07 Billion |
| 2017 | 2.65% | 0.66% | 0.97x | 4.11x | Rp-10.38 Billion |
| 2018 | 3.00% | 0.61% | 1.37x | 3.61x | Rp-10.38 Billion |
| 2019 | -2.86% | -0.78% | 1.15x | 3.19x | Rp-18.88 Billion |
| 2020 | -4.80% | -2.33% | 0.59x | 3.46x | Rp-20.77 Billion |
| 2021 | 0.51% | 0.20% | 0.67x | 3.77x | Rp-13.61 Billion |
| 2022 | -0.75% | -0.34% | 0.69x | 3.22x | Rp-15.50 Billion |
| 2023 | 0.54% | 0.39% | 0.45x | 3.06x | Rp-13.79 Billion |
| 2024 | 0.88% | 0.71% | 0.42x | 2.97x | Rp-13.44 Billion |
Industry Comparison
This section compares Indo Komoditi Korpora Tbk PT's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,319,882,030,596
- Average return on equity (ROE) among peers: 12.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indo Komoditi Korpora Tbk PT (INCF) | Rp149.75 Billion | 0.00% | 1.84x | $4.97 Million |
| Avia Avian PT Tbk (AVIA) | $9.63 Trillion | 17.28% | 0.15x | $1.35 Billion |
| Colorpak Indonesia Tbk (CLPI) | $47.23 Billion | 9.62% | 0.25x | $29.62 Million |
| Duta Pertiwi Nusantara Tbk (DPNS) | $329.96 Billion | 8.67% | 0.23x | $6.01 Million |
| Ekadharma International Tbk (EKAD) | $852.54 Billion | 8.65% | 0.14x | $36.65 Million |
| Lotte Chemical Titan Tbk PT (FPNI) | $107.49 Million | 2.69% | 0.79x | $161.13 Million |
| Intanwijaya Internasional Tbk (INCI) | $156.10 Billion | 2.48% | 0.15x | $8.70 Million |
| Lautan Luas Tbk (LTLS) | $566.49 Billion | 9.25% | 1.84x | $66.94 Million |
| Emdeki Utama Tbk PT (MDKI) | $243.28 Billion | 35.63% | 0.36x | $28.17 Million |
| Obm Drilchem PT (OBMD) | $51.35 Billion | 14.19% | 0.38x | $10.96 Million |
About Indo Komoditi Korpora Tbk PT
PT Indo Komoditi Korpora Tbk produces, imports, and exports rubber in Indonesia. It also offers dry jelutung. In addition, the company sells electronic components and electric vehicles. The company was founded in 1982 and is based in Jakarta, Indonesia.