Tanah Laut Tbk
PT Tanah Laut Tbk, together with its subsidiaries, engages in planning and designing to develop business management in shipping, marine transport and logistics, harbor, mining, energy resources, and other consultative services in Indonesia. It operates through four segments: Port and Marine Logistics Services; Management Consultancy Business; domestic sea transportation and transloading services;… Read more
Tanah Laut Tbk (INDX) - Net Assets
Latest net assets as of June 2025: Rp24.48 Billion IDR
Based on the latest financial reports, Tanah Laut Tbk (INDX) has net assets worth Rp24.48 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp46.47 Billion) and total liabilities (Rp21.99 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp24.48 Billion |
| % of Total Assets | 52.67% |
| Annual Growth Rate | 0.47% |
| 5-Year Change | -46.88% |
| 10-Year Change | -83.87% |
| Growth Volatility | 53.83 |
Tanah Laut Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Tanah Laut Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tanah Laut Tbk (2000–2024)
The table below shows the annual net assets of Tanah Laut Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp28.99 Billion | -23.04% |
| 2023-12-31 | Rp37.67 Billion | -14.53% |
| 2022-12-31 | Rp44.08 Billion | -17.71% |
| 2021-12-31 | Rp53.57 Billion | -1.87% |
| 2020-12-31 | Rp54.59 Billion | -0.09% |
| 2019-12-31 | Rp54.64 Billion | +1.31% |
| 2018-12-31 | Rp53.93 Billion | -50.78% |
| 2017-12-31 | Rp109.58 Billion | -32.30% |
| 2016-12-31 | Rp161.85 Billion | -9.98% |
| 2015-12-31 | Rp179.80 Billion | +0.91% |
| 2014-12-31 | Rp178.17 Billion | +37.67% |
| 2013-12-31 | Rp129.42 Billion | +184.51% |
| 2012-12-31 | Rp45.49 Billion | +49.40% |
| 2011-12-31 | Rp30.45 Billion | +7.61% |
| 2010-12-31 | Rp28.30 Billion | +5.11% |
| 2009-12-31 | Rp26.92 Billion | +824.31% |
| 2008-12-31 | Rp-3.72 Billion | -118.20% |
| 2007-12-31 | Rp-1.70 Billion | -126.88% |
| 2006-12-31 | Rp6.34 Billion | -21.00% |
| 2005-12-31 | Rp8.02 Billion | -34.88% |
| 2004-12-31 | Rp12.32 Billion | -48.65% |
| 2003-12-31 | Rp23.99 Billion | -18.05% |
| 2002-12-31 | Rp29.27 Billion | -12.09% |
| 2001-12-31 | Rp33.30 Billion | +28.66% |
| 2000-12-31 | Rp25.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tanah Laut 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 7419510077100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp21.90 Billion | 75.53% |
| Other Comprehensive Income | Rp755.70 Million | 2.61% |
| Other Components | Rp80.53 Billion | 277.80% |
| Total Equity | Rp28.99 Billion | 100.00% |
Tanah Laut Tbk Competitors by Market Cap
The table below lists competitors of Tanah Laut Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Narryer Metals Ltd
AU:NYM
|
$1.03 Million |
|
Mercury Industries Bhd
KLSE:8192
|
$1.03 Million |
|
Westbrook-Thompson Overriding Royalty Trust
PINK:WBTMU
|
$1.03 Million |
|
Marvel Gold Limited
PINK:GRXMF
|
$1.03 Million |
|
0PY
STU:0PY
|
$1.03 Million |
|
Cipta Selera Murni Pt
JK:CSMI
|
$1.03 Million |
|
COMMVAULT SYSTEMS
BE:D6I
|
$1.02 Million |
|
PACCAR
MU:PAE
|
$1.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tanah Laut Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 37,669,000,305 to 28,989,900,383, a change of -8,679,099,922 (-23.0%).
- Net loss of 8,830,853,000 reduced equity.
- Other comprehensive income increased equity by 151,752,796.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-8.83 Billion | -30.46% |
| Other Comprehensive Income | Rp151.75 Million | +0.52% |
| Other Changes | Rp282.00 | +0.0% |
| Total Change | Rp- | -23.04% |
Book Value vs Market Value Analysis
This analysis compares Tanah Laut 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: 1.74x
- 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 0.79x to 1.74x 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 | Rp145.40 | Rp115.00 | x |
| 2013-12-31 | Rp354.61 | Rp115.00 | x |
| 2014-12-31 | Rp405.37 | Rp115.00 | x |
| 2015-12-31 | Rp408.71 | Rp115.00 | x |
| 2016-12-31 | Rp367.72 | Rp115.00 | x |
| 2017-12-31 | Rp247.55 | Rp115.00 | x |
| 2018-12-31 | Rp122.53 | Rp115.00 | x |
| 2019-12-31 | Rp124.76 | Rp115.00 | x |
| 2020-12-31 | Rp124.64 | Rp115.00 | x |
| 2021-12-31 | Rp122.31 | Rp115.00 | x |
| 2022-12-31 | Rp100.65 | Rp115.00 | x |
| 2023-12-31 | Rp86.02 | Rp115.00 | x |
| 2024-12-31 | Rp66.20 | Rp115.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tanah Laut 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): -30.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2829.24%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.67x
- Recent ROE (-30.46%) is below the historical average (-15.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.22% | 0.36% | 0.38x | 1.59x | Rp-2.63 Billion |
| 2010 | 3.71% | 6.04% | 0.51x | 1.22x | Rp-1.78 Billion |
| 2011 | 0.67% | 1.02% | 0.20x | 3.29x | Rp-2.84 Billion |
| 2012 | 32.65% | 18.27% | 0.54x | 3.31x | Rp10.30 Billion |
| 2013 | 12.44% | 11.89% | 0.92x | 1.14x | Rp3.15 Billion |
| 2014 | 26.96% | 27.26% | 0.96x | 1.03x | Rp30.10 Billion |
| 2015 | 1.03% | 2.44% | 0.41x | 1.01x | Rp-16.06 Billion |
| 2016 | -11.00% | 0.00% | 0.00x | 1.01x | Rp-33.82 Billion |
| 2017 | -53.27% | 0.00% | 0.00x | 1.01x | Rp-68.59 Billion |
| 2018 | -184.80% | -3305.25% | 0.06x | 1.01x | Rp-104.52 Billion |
| 2019 | 1.75% | 19.90% | 0.08x | 1.12x | Rp-4.51 Billion |
| 2020 | 0.09% | 1.04% | 0.08x | 1.15x | Rp-5.41 Billion |
| 2021 | -1.96% | -21.86% | 0.07x | 1.22x | Rp-6.41 Billion |
| 2022 | -21.84% | -200.52% | 0.08x | 1.33x | Rp-14.03 Billion |
| 2023 | -16.98% | -439.31% | 0.03x | 1.39x | Rp-10.16 Billion |
| 2024 | -30.46% | -2829.24% | 0.01x | 1.67x | Rp-11.73 Billion |
Industry Comparison
This section compares Tanah Laut Tbk's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $303,238,403,323
- Average return on equity (ROE) among peers: 20.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tanah Laut Tbk (INDX) | Rp24.48 Billion | 0.22% | 0.90x | $1.03 Million |
| PT Ancara Logistics Indonesia (ALII) | $196.24 Billion | 96.37% | 5.20x | $150.19 Million |
| Pelayaran Nasional Bina Buana Raya (BBRM) | $56.71 Million | 12.36% | 1.47x | $5.32 Million |
| Batulicin Nusantara Maritim Tbk PT (BESS) | $61.00 Billion | 38.10% | 2.15x | $42.15 Million |
| Berlian Laju Tanker Tbk PT (BLTA) | $533.72 Million | 26.42% | 3.24x | $47.22 Million |
| Bintang Samudera Mandiri Lines Tbk PT (BSML) | $108.60 Billion | 14.75% | 1.49x | $6.83 Million |
| Buana Listya Tama Tbk PT (BULL) | $1.04 Trillion | 0.00% | 0.57x | $8.08 Million |
| Capitol Nusantara Indonesia (CANI) | $-238.38 Billion | 0.00% | 0.00x | $1.34 Million |
| PT Cakra Buana Resources Energ (CBRE) | $-947.22 Million | 0.00% | 0.00x | $47.72 Million |
| PT Pelayaran Nasional Ekalya P (ELPI) | $1.87 Trillion | 8.34% | 0.26x | $98.43 Million |
| GTS Internasional Tbk PT (GTSI) | $56.96 Million | 4.67% | 1.17x | $31.86 Million |