Indah Kiat Pulp & Paper Tbk (INKP) - Net Assets
Based on the latest financial reports, Indah Kiat Pulp & Paper Tbk (INKP) has net assets worth Rp6.56 Billion IDR (≈ $384.12K USD) 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 ≈ $722.38K USD) and total liabilities (Rp5.77 Billion ≈ $338.26K 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 Indah Kiat Pulp & Paper Tbk (INKP) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Indah Kiat Pulp & Paper Tbk total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Indah Kiat Pulp & Paper Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp6.41 Billion ≈ $375.50K |
+6.80% |
| 2023-12-31 | Rp6.00 Billion ≈ $351.58K |
+7.04% |
| 2022-12-31 | Rp5.61 Billion ≈ $328.44K |
+17.79% |
| 2021-12-31 | Rp4.76 Billion ≈ $278.84K |
+11.98% |
| 2020-12-31 | Rp4.25 Billion ≈ $249.01K |
+6.09% |
| 2019-12-31 | Rp4.01 Billion ≈ $234.72K |
+6.21% |
| 2018-12-31 | Rp3.77 Billion ≈ $221.00K |
+17.21% |
| 2017-12-31 | Rp3.22 Billion ≈ $188.54K |
+14.13% |
| 2016-12-31 | Rp2.82 Billion ≈ $165.20K |
+7.48% |
| 2015-12-31 | Rp2.62 Billion ≈ $153.70K |
+8.92% |
| 2014-12-31 | Rp2.41 Billion ≈ $141.12K |
+4.99% |
| 2013-12-31 | Rp2.29 Billion ≈ $134.42K |
+10.67% |
| 2012-12-31 | Rp2.07 Billion ≈ $121.46K |
+2.46% |
| 2011-12-31 | Rp2.02 Billion ≈ $118.55K |
+0.80% |
| 2010-12-31 | Rp2.01 Billion ≈ $117.60K |
+0.76% |
| 2009-12-31 | Rp1.99 Billion ≈ $116.72K |
-7.37% |
| 2008-12-31 | Rp2.15 Billion ≈ $126.01K |
+10.39% |
| 2007-12-31 | Rp1.95 Billion ≈ $114.15K |
+4.95% |
| 2006-12-31 | Rp1.86 Billion ≈ $108.77K |
-9.07% |
| 2005-12-31 | Rp2.04 Billion ≈ $119.62K |
+0.39% |
| 2004-12-31 | Rp2.03 Billion ≈ $119.16K |
+23.93% |
| 2003-12-31 | Rp1.64 Billion ≈ $96.14K |
-14.87% |
| 2002-12-31 | Rp1.93 Billion ≈ $112.94K |
-12.14% |
| 2001-12-31 | Rp2.19 Billion ≈ $128.54K |
-7.68% |
| 2000-12-31 | Rp2.38 Billion ≈ $139.23K |
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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 |
|---|---|
|
WIENERBERGER ADR 1/5/O.N.
F:WIBA
|
$3.13 Billion |
|
Guangdong Jia Yuan Technology Co Ltd
SHG:688388
|
$3.13 Billion |
|
Hong Ri Da Technology Co. Ltd. A
SHE:301285
|
$3.13 Billion |
|
Park National Corporation
NYSE MKT:PRK
|
$3.13 Billion |
|
Wanda Cinema Line Corp
SHE:002739
|
$3.12 Billion |
|
Ultra Clean Holdings Inc
NASDAQ:UCTT
|
$3.12 Billion |
|
Acm Research Inc
NASDAQ:ACMR
|
$3.12 Billion |
|
Empresas CMPC
SN:CMPC
|
$3.12 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: 8324.60x
- 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 26131.08x to 8324.60x 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 | Rp9750.00 | x |
| 2006-12-31 | Rp0.34 | Rp9750.00 | x |
| 2007-12-31 | Rp0.36 | Rp9750.00 | x |
| 2008-12-31 | Rp0.39 | Rp9750.00 | x |
| 2009-12-31 | Rp0.36 | Rp9750.00 | x |
| 2010-12-31 | Rp0.37 | Rp9750.00 | x |
| 2011-12-31 | Rp0.37 | Rp9750.00 | x |
| 2012-12-31 | Rp0.38 | Rp9750.00 | x |
| 2013-12-31 | Rp0.42 | Rp9750.00 | x |
| 2014-12-31 | Rp0.44 | Rp9750.00 | x |
| 2015-12-31 | Rp0.48 | Rp9750.00 | x |
| 2016-12-31 | Rp0.52 | Rp9750.00 | x |
| 2017-12-31 | Rp0.59 | Rp9750.00 | x |
| 2018-12-31 | Rp0.69 | Rp9750.00 | x |
| 2019-12-31 | Rp0.73 | Rp9750.00 | x |
| 2020-12-31 | Rp0.78 | Rp9750.00 | x |
| 2021-12-31 | Rp0.87 | Rp9750.00 | x |
| 2022-12-31 | Rp1.02 | Rp9750.00 | x |
| 2023-12-31 | Rp1.10 | Rp9750.00 | x |
| 2024-12-31 | Rp1.17 | Rp9750.00 | 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: $595,732,167,092
- Average return on equity (ROE) among peers: 7.66%
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 | $3.13 Billion |
| Alkindo Naratama Tbk (ALDO) | $88.58 Billion | 6.87% | 1.08x | $94.84 Million |
| Toba Pulp Lestari Tbk (INRU) | $2.16 Trillion | 23.07% | 1.12x | $48.02 Million |
| Inter-Delta Tbk (INTD) | $38.80 Billion | 4.46% | 0.35x | $8.18 Million |
| Suparma Tbk (SPMA) | $688.76 Billion | 3.91% | 1.08x | $50.46 Million |
| Pabrik Kertas Tjiwi Kimia Tbk (TKIM) | $558.60 Million | 0.00% | 2.79x | $1.58 Billion |
About Indah Kiat Pulp & Paper Tbk
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