Indika Energy Tbk
PT. Indika Energy Tbk, together with its subsidiaries, operates as an integrated energy company in Indonesia. The company operates through Energy Resources, Energy Services, Energy Infrastructure, and Other Portfolio segments. It provides procurement of electricity, gas, steam, hot water, and air; consultation services related to solar power installation projects; operation and maintenance of ele… Read more
Indika Energy Tbk (INDY) - Net Assets
Latest net assets as of June 2025: Rp1.33 Billion IDR
Based on the latest financial reports, Indika Energy Tbk (INDY) has net assets worth Rp1.33 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 (Rp2.91 Billion) and total liabilities (Rp1.57 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 | Rp1.33 Billion |
| % of Total Assets | 45.82% |
| Annual Growth Rate | 12.58% |
| 5-Year Change | 56.25% |
| 10-Year Change | 62.97% |
| Growth Volatility | 41.49 |
Indika Energy Tbk - Net Assets Trend (2007–2024)
This chart illustrates how Indika Energy 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 Indika Energy Tbk (2007–2024)
The table below shows the annual net assets of Indika Energy Tbk from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.36 Billion | -1.59% |
| 2023-12-31 | Rp1.38 Billion | +2.76% |
| 2022-12-31 | Rp1.34 Billion | +51.65% |
| 2021-12-31 | Rp883.71 Million | +1.89% |
| 2020-12-31 | Rp867.30 Million | -17.07% |
| 2019-12-31 | Rp1.05 Billion | -7.22% |
| 2018-12-31 | Rp1.13 Billion | +1.09% |
| 2017-12-31 | Rp1.12 Billion | +50.45% |
| 2016-12-31 | Rp741.11 Million | -10.88% |
| 2015-12-31 | Rp831.54 Million | -9.02% |
| 2014-12-31 | Rp913.94 Million | -3.78% |
| 2013-12-31 | Rp949.87 Million | -7.10% |
| 2012-12-31 | Rp1.02 Billion | +19.62% |
| 2011-12-31 | Rp854.78 Million | +44.05% |
| 2010-12-31 | Rp593.40 Million | +4.64% |
| 2009-12-31 | Rp567.07 Million | +20.18% |
| 2008-12-31 | Rp471.84 Million | +161.25% |
| 2007-12-31 | Rp180.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indika Energy 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 grown by 633.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp869.81 Million | 72.15% |
| Common Stock | Rp56.89 Million | 4.72% |
| Other Comprehensive Income | Rp13.97 Million | 1.16% |
| Other Components | Rp264.84 Million | 21.97% |
| Total Equity | Rp1.21 Billion | 100.00% |
Indika Energy Tbk Competitors by Market Cap
The table below lists competitors of Indika Energy Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd.
SHE:301040
|
$322.87 Million |
|
Hana Materials Inc
KQ:166090
|
$322.94 Million |
|
Reway Group S.p.A.
F:IR0
|
$322.94 Million |
|
Guangdong Wanlima Industry Co Ltd
SHE:300591
|
$323.00 Million |
|
Getein Biotech Inc
SHG:603387
|
$322.79 Million |
|
GuangDong Rifeng Electric Cable Co Ltd
SHE:002953
|
$322.70 Million |
|
Nok Airlines Public Company Limited
OTCGREY:NOKFF
|
$322.70 Million |
|
JOY CITY PPTY HD -10
F:HKP
|
$322.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indika Energy Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,232,842,384 to 1,205,512,723, a change of -27,329,661 (-2.2%).
- Net income of 10,083,796 contributed positively to equity growth.
- Dividend payments of 30,000,000 reduced retained earnings.
- Share repurchases of 1,443,270 reduced equity.
- New share issuances of 1,443,274 increased equity.
- Other comprehensive income increased equity by 26,078,971.
- Other factors decreased equity by 33,492,432.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp10.08 Million | +0.84% |
| Dividends Paid | Rp30.00 Million | -2.49% |
| Share Repurchases | Rp1.44 Million | -0.12% |
| Share Issuances | Rp1.44 Million | +0.12% |
| Other Comprehensive Income | Rp26.08 Million | +2.16% |
| Other Changes | Rp-33.49 Million | -2.78% |
| Total Change | Rp- | -2.22% |
Book Value vs Market Value Analysis
This analysis compares Indika Energy 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: 15234.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 85491.94x to 15234.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp0.04 | Rp3530.00 | x |
| 2008-12-31 | Rp0.10 | Rp3530.00 | x |
| 2009-12-31 | Rp0.11 | Rp3530.00 | x |
| 2010-12-31 | Rp0.11 | Rp3530.00 | x |
| 2011-12-31 | Rp0.13 | Rp3530.00 | x |
| 2012-12-31 | Rp0.15 | Rp3530.00 | x |
| 2013-12-31 | Rp0.14 | Rp3530.00 | x |
| 2014-12-31 | Rp0.13 | Rp3530.00 | x |
| 2015-12-31 | Rp0.13 | Rp3530.00 | x |
| 2016-12-31 | Rp0.11 | Rp3530.00 | x |
| 2017-12-31 | Rp0.18 | Rp3530.00 | x |
| 2018-12-31 | Rp0.18 | Rp3530.00 | x |
| 2019-12-31 | Rp0.16 | Rp3530.00 | x |
| 2020-12-31 | Rp0.13 | Rp3530.00 | x |
| 2021-12-31 | Rp0.15 | Rp3530.00 | x |
| 2022-12-31 | Rp0.23 | Rp3530.00 | x |
| 2023-12-31 | Rp0.24 | Rp3530.00 | x |
| 2024-12-31 | Rp0.23 | Rp3530.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indika Energy 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): 0.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.41%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.46x
- Recent ROE (0.84%) is below the historical average (7.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 15.62% | 11.34% | 0.47x | 2.95x | Rp10.14 Million |
| 2008 | 20.81% | 46.87% | 0.27x | 1.67x | Rp50.99 Million |
| 2009 | 13.61% | 29.18% | 0.21x | 2.19x | Rp20.42 Million |
| 2010 | 14.33% | 20.52% | 0.33x | 2.13x | Rp25.61 Million |
| 2011 | 18.10% | 21.55% | 0.29x | 2.85x | Rp57.23 Million |
| 2012 | 8.62% | 9.16% | 0.32x | 2.96x | Rp-11.01 Million |
| 2013 | -8.68% | -7.24% | 0.37x | 3.22x | Rp-134.48 Million |
| 2014 | -3.98% | -2.49% | 0.48x | 3.30x | Rp-97.01 Million |
| 2015 | -6.84% | -4.06% | 0.51x | 3.30x | Rp-109.79 Million |
| 2016 | -11.47% | -8.72% | 0.43x | 3.09x | Rp-126.52 Million |
| 2017 | 36.28% | 30.53% | 0.30x | 3.93x | Rp242.96 Million |
| 2018 | 8.44% | 2.70% | 0.81x | 3.87x | Rp-14.79 Million |
| 2019 | -2.13% | -0.65% | 0.77x | 4.25x | Rp-103.23 Million |
| 2020 | -17.14% | -6.48% | 0.52x | 5.10x | Rp-186.10 Million |
| 2021 | 7.56% | 1.88% | 0.83x | 4.84x | Rp-18.62 Million |
| 2022 | 38.06% | 10.44% | 1.21x | 3.02x | Rp333.75 Million |
| 2023 | 9.71% | 3.95% | 0.97x | 2.53x | Rp-3.60 Million |
| 2024 | 0.84% | 0.41% | 0.83x | 2.46x | Rp-110.47 Million |
Industry Comparison
This section compares Indika Energy Tbk's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $145,896,830,798
- Average return on equity (ROE) among peers: 4.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indika Energy Tbk (INDY) | Rp1.33 Billion | 15.62% | 1.18x | $322.80 Million |
| Adaro Andalan Indonesia Tbk (AADI) | $3.00 Billion | 40.37% | 1.00x | $1.89 Billion |
| Abm Investama Tbk (ABMM) | $159.21 Million | 7.94% | 5.74x | $47.75 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $3.20 Billion | 7.24% | 1.11x | $1.63 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $17.81 Billion | 0.00% | 1.00x | $2.04 Million |
| Atlas Resources Tbk (ARII) | $28.21 Million | -58.14% | 11.79x | $26.65 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $-71.64 Billion | 0.00% | 0.00x | $2.95 Million |
| Baramulti Suksessarana Tbk (BSSR) | $150.28 Million | 45.96% | 0.63x | $59.27 Million |
| Bumi Resources Tbk (BUMI) | $941.54 Billion | 9.68% | 2.92x | $1.67 Billion |
| Bayan Resources Tbk (BYAN) | $449.84 Million | -8.07% | 2.48x | $5.51 Billion |
| Exploitasi Energi Indonesia (CNKO) | $564.28 Billion | 0.00% | 0.09x | $228.44K |