Indah Kiat Pulp & Paper Tbk

JK:INKP Indonesia Paper & Paper Products
Market Cap
$3.03 Billion
Rp49.38 Trillion IDR
Market Cap Rank
#6375 Global
#22 in Indonesia
Share Price
Rp9025.00
Change (1 day)
-1.63%
52-Week Range
Rp4350.00 - Rp12000.00
All Time High
Rp19388.60
Categories
Companies in Indonesia Paper & Paper Products
About

PT Indah Kiat Pulp & Paper Tbk manufactures and sells cultural paper, pulp, tissue, and industrial paper in Indonesia, rest of Asia, the United States, Australia, the Middle East, Africa, and Europe. The company provides cigarette packaging board, corrugated carton box, corrugated carton sheet, folding box, ivory, triplex, duplex, food packaging board, corrugating medium, test liner, single face … Read more

Indah Kiat Pulp & Paper Tbk (INKP) - Net Assets

Latest net assets as of June 2025: Rp6.56 Billion IDR

Based on the latest financial reports, Indah Kiat Pulp & Paper Tbk (INKP) has net assets worth Rp6.56 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 (Rp12.33 Billion) and total liabilities (Rp5.77 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 Rp6.56 Billion
% of Total Assets 53.17%
Annual Growth Rate 4.22%
5-Year Change 50.79%
10-Year Change 144.3%
Growth Volatility 9.48

Indah Kiat Pulp & Paper Tbk - Net Assets Trend (2000–2024)

This chart illustrates how Indah Kiat Pulp & Paper 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 Indah Kiat Pulp & Paper Tbk (2000–2024)

The table below shows the annual net assets of Indah Kiat Pulp & Paper Tbk from 2000 to 2024.

Year Net Assets Change
2024-12-31 Rp6.41 Billion +6.80%
2023-12-31 Rp6.00 Billion +7.04%
2022-12-31 Rp5.61 Billion +17.79%
2021-12-31 Rp4.76 Billion +11.98%
2020-12-31 Rp4.25 Billion +6.09%
2019-12-31 Rp4.01 Billion +6.21%
2018-12-31 Rp3.77 Billion +17.21%
2017-12-31 Rp3.22 Billion +14.13%
2016-12-31 Rp2.82 Billion +7.48%
2015-12-31 Rp2.62 Billion +8.92%
2014-12-31 Rp2.41 Billion +4.99%
2013-12-31 Rp2.29 Billion +10.67%
2012-12-31 Rp2.07 Billion +2.46%
2011-12-31 Rp2.02 Billion +0.80%
2010-12-31 Rp2.01 Billion +0.76%
2009-12-31 Rp1.99 Billion -7.37%
2008-12-31 Rp2.15 Billion +10.39%
2007-12-31 Rp1.95 Billion +4.95%
2006-12-31 Rp1.86 Billion -9.07%
2005-12-31 Rp2.04 Billion +0.39%
2004-12-31 Rp2.03 Billion +23.93%
2003-12-31 Rp1.64 Billion -14.87%
2002-12-31 Rp1.93 Billion -12.14%
2001-12-31 Rp2.19 Billion -7.68%
2000-12-31 Rp2.38 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Indah Kiat Pulp & Paper 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 2189.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp4.15 Billion 64.78%
Common Stock Rp2.19 Billion 34.16%
Other Comprehensive Income Rp15.02 Million 0.23%
Other Components Rp52.88 Million 0.83%
Total Equity Rp6.41 Billion 100.00%

Indah Kiat Pulp & Paper Tbk Competitors by Market Cap

The table below lists competitors of Indah Kiat Pulp & Paper Tbk ranked by their market capitalization.

Company Market Cap
Asker Healthcare
ST:ASKER
 		$1.28 Billion
Simply Good Foods Co
NASDAQ:SMPL
 		$1.28 Billion
Maha Properti Indonesia Tbk PT
JK:MPRO
 		$1.28 Billion
Radiant Opto-Electronics Corp
TW:6176
 		$1.28 Billion
Liberty Latin America Ltd
NASDAQ:LILA
 		$1.28 Billion
Melexis NV
PINK:MLXSF
 		$1.28 Billion
Covivio Hotels
PA:COVH
 		$1.28 Billion
Helios Towers plc
PINK:HTWSF
 		$1.28 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Indah Kiat Pulp & Paper Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,999,588,000 to 6,407,769,000, a change of 408,181,000 (6.8%).
  • Net income of 424,308,000 contributed positively to equity growth.
  • Dividend payments of 16,849,000 reduced retained earnings.
  • Other comprehensive income increased equity by 704,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp424.31 Million +6.62%
Dividends Paid Rp16.85 Million -0.26%
Other Comprehensive Income Rp704.00K +0.01%
Other Changes Rp18.00K +0.0%
Total Change Rp- 6.80%

Book Value vs Market Value Analysis

This analysis compares Indah Kiat Pulp & Paper 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: 7705.59x
  • 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 24188.00x to 7705.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 Rp0.37 Rp9025.00 x
2006-12-31 Rp0.34 Rp9025.00 x
2007-12-31 Rp0.36 Rp9025.00 x
2008-12-31 Rp0.39 Rp9025.00 x
2009-12-31 Rp0.36 Rp9025.00 x
2010-12-31 Rp0.37 Rp9025.00 x
2011-12-31 Rp0.37 Rp9025.00 x
2012-12-31 Rp0.38 Rp9025.00 x
2013-12-31 Rp0.42 Rp9025.00 x
2014-12-31 Rp0.44 Rp9025.00 x
2015-12-31 Rp0.48 Rp9025.00 x
2016-12-31 Rp0.52 Rp9025.00 x
2017-12-31 Rp0.59 Rp9025.00 x
2018-12-31 Rp0.69 Rp9025.00 x
2019-12-31 Rp0.73 Rp9025.00 x
2020-12-31 Rp0.78 Rp9025.00 x
2021-12-31 Rp0.87 Rp9025.00 x
2022-12-31 Rp1.02 Rp9025.00 x
2023-12-31 Rp1.10 Rp9025.00 x
2024-12-31 Rp1.17 Rp9025.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Indah Kiat Pulp & Paper 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): 6.62%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.28%
  • • Asset Turnover: 0.27x
  • • Equity Multiplier: 1.84x
  • Recent ROE (6.62%) is above the historical average (6.30%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 19.30% 27.60% 0.26x 2.64x Rp189.16 Million
2005 0.39% 0.57% 0.27x 2.57x Rp-196.10 Million
2006 -9.98% -11.70% 0.30x 2.84x Rp-370.90 Million
2007 4.71% 4.89% 0.34x 2.82x Rp-102.95 Million
2008 9.42% 8.89% 0.38x 2.78x Rp-12.57 Million
2009 -7.96% -8.94% 0.31x 2.92x Rp-357.72 Million
2010 0.65% 0.52% 0.42x 2.95x Rp-187.69 Million
2011 0.79% 0.63% 0.41x 3.12x Rp-186.24 Million
2012 2.39% 1.97% 0.38x 3.21x Rp-157.65 Million
2013 9.64% 8.34% 0.39x 2.95x Rp-8.30 Million
2014 5.24% 4.79% 0.40x 2.71x Rp-114.66 Million
2015 8.49% 7.86% 0.40x 2.68x Rp-39.49 Million
2016 7.19% 7.45% 0.40x 2.44x Rp-79.19 Million
2017 12.84% 13.21% 0.41x 2.37x Rp91.49 Million
2018 15.60% 17.63% 0.38x 2.32x Rp211.03 Million
2019 6.85% 8.51% 0.38x 2.12x Rp-126.14 Million
2020 6.92% 9.85% 0.35x 2.00x Rp-130.86 Million
2021 11.06% 14.97% 0.39x 1.89x Rp50.54 Million
2022 15.30% 21.42% 0.42x 1.72x Rp297.04 Million
2023 6.86% 11.83% 0.34x 1.69x Rp-188.50 Million
2024 6.62% 13.28% 0.27x 1.84x Rp-216.47 Million

Industry Comparison

This section compares Indah Kiat Pulp & Paper Tbk's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

  • Industry: Paper & Paper Products
  • Average net assets among peers: $763,353,835,543
  • Average return on equity (ROE) among peers: 4.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Indah Kiat Pulp & Paper Tbk (INKP) Rp6.56 Billion 19.30% 0.88x $1.28 Billion
Alkindo Naratama Tbk (ALDO) $229.42 Billion 5.74% 1.17x $23.12 Million
Toba Pulp Lestari Tbk (INRU) $2.16 Trillion 2.52% 2.02x $3.76 Million
Inter-Delta Tbk (INTD) $47.12 Billion 3.57% 0.06x $1.05 Million
Suparma Tbk (SPMA) $1.38 Trillion 9.51% 0.72x $3.21 Million
Pabrik Kertas Tjiwi Kimia Tbk (TKIM) $798.26 Million 3.38% 2.26x $584.28 Million