PT Sinergi Inti Andalan Prima Tbk
PT Sinergi Inti Andalan Prima Tbk provides internet services in Indonesia. The company offers data center interconnection, SD-WAN networking, colocation, multi-service port, cloud-centric enterprise network, and managed service network solutions. It also provides cable telecommunication, data communication system, and internet interconnection services, as well as resale of telecommunication servi… Read more
PT Sinergi Inti Andalan Prima Tbk (INET) - Net Assets
Latest net assets as of September 2025: Rp361.50 Billion IDR
Based on the latest financial reports, PT Sinergi Inti Andalan Prima Tbk (INET) has net assets worth Rp361.50 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp454.59 Billion) and total liabilities (Rp93.09 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 | Rp361.50 Billion |
| % of Total Assets | 79.52% |
| Annual Growth Rate | 81.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 114.21 |
PT Sinergi Inti Andalan Prima Tbk - Net Assets Trend (2022–2024)
This chart illustrates how PT Sinergi Inti Andalan Prima 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 PT Sinergi Inti Andalan Prima Tbk (2022–2024)
The table below shows the annual net assets of PT Sinergi Inti Andalan Prima Tbk from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp215.87 Billion | +0.62% |
| 2023-12-31 | Rp214.54 Billion | +229.03% |
| 2022-12-31 | Rp65.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Sinergi Inti Andalan Prima 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 42.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp7.39 Billion | 3.43% |
| Common Stock | Rp75.00 Billion | 34.74% |
| Other Components | Rp133.48 Billion | 61.83% |
| Total Equity | Rp215.87 Billion | 100.00% |
PT Sinergi Inti Andalan Prima Tbk Competitors by Market Cap
The table below lists competitors of PT Sinergi Inti Andalan Prima Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Motorcycle Holdings Ltd
AU:MTO
|
$58.64 Million |
|
Sensorion SA
PA:ALSEN
|
$58.66 Million |
|
MEDEXUS PHARMACEUTIC.
F:P731
|
$58.67 Million |
|
Starry Sea Acquisition Corp Ordinary Shares
NASDAQ:SSEA
|
$58.69 Million |
|
Daewonkangup
KO:000430
|
$58.61 Million |
|
GIC Housing Finance Limited
NSE:GICHSGFIN
|
$58.58 Million |
|
Muthoot Microfin Limited
NSE:MUTHOOTMF
|
$58.56 Million |
|
SDI Group plc
PINK:SDIIF
|
$58.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Sinergi Inti Andalan Prima Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 214,538,880,630 to 215,871,603,470, a change of 1,332,722,840 (0.6%).
- Net income of 1,328,358,920 contributed positively to equity growth.
- Share repurchases of 6,161,970 reduced equity.
- New share issuances of 6,161,974 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.33 Billion | +0.62% |
| Share Repurchases | Rp6.16 Million | -0.0% |
| Share Issuances | Rp6.16 Million | +0.0% |
| Other Changes | Rp4.36 Million | +0.0% |
| Total Change | Rp- | 0.62% |
Book Value vs Market Value Analysis
This analysis compares PT Sinergi Inti Andalan Prima 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: 14.94x
- 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 39.56x to 14.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Rp6.67 | Rp264.00 | x |
| 2023-12-31 | Rp17.57 | Rp264.00 | x |
| 2024-12-31 | Rp17.68 | Rp264.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Sinergi Inti Andalan Prima 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): 0.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.36%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.06x
- Recent ROE (0.62%) is below the historical average (1.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 2.11% | 6.89% | 0.27x | 1.12x | Rp-5.15 Billion |
| 2023 | 0.41% | 3.03% | 0.13x | 1.04x | Rp-20.58 Billion |
| 2024 | 0.62% | 4.36% | 0.13x | 1.06x | Rp-20.26 Billion |
Industry Comparison
This section compares PT Sinergi Inti Andalan Prima Tbk's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $4,129,405,314,056
- Average return on equity (ROE) among peers: 15.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Sinergi Inti Andalan Prima Tbk (INET) | Rp361.50 Billion | 2.11% | 0.26x | $58.63 Million |
| Bali Towerindo Sentra Tbk (BALI) | $2.44 Trillion | 8.68% | 1.13x | $123.29 Million |
| Centratama Telekomunikasi Ind (CENT) | $60.55 Billion | 14.20% | 0.12x | $15.42 Million |
| Pelita Teknologi Global (CHIP) | $6.50 Billion | 77.84% | 4.39x | $14.15 Million |
| Remala Abadi Tbk. (DATA) | $91.58 Billion | 28.54% | 0.61x | $2.21K |
| Indoritel Makmur Internasional (DNET) | $12.84 Billion | 5.41% | 0.33x | $1.17 Billion |
| XL Axiata Tbk PT (EXCL) | $21.63 Trillion | 1.73% | 1.60x | $855.71 Million |
| Smartfren Telecom Tbk (FREN) | $12.74 Trillion | -17.18% | 1.17x | $1.43 Million |
| Gihon Telekomunikasi Indonesia Tbk PT (GHON) | $149.49 Billion | 24.54% | 1.83x | $8.10 Million |
| Inti Bangun Sejahtera Tbk (IBST) | $33.63 Billion | 0.00% | 7.14x | $178.96K |