PT Aviana Sinar Abadi Tbk
PT Folago Global Nusantara Tbk, together with its subsidiaries, engages in software publishing and digital product sales businesses in Indonesia. It operates through IRS Software, Digital Products, and Advertisement segments. The Digital Products segment provides information technology solutions to support customers' digitalization needs. Its IRS Software segment develops intelligent revenue mana… Read more
PT Aviana Sinar Abadi Tbk (IRSX) - Net Assets
Latest net assets as of September 2025: Rp298.91 Billion IDR
Based on the latest financial reports, PT Aviana Sinar Abadi Tbk (IRSX) has net assets worth Rp298.91 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 (Rp338.19 Billion) and total liabilities (Rp39.28 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 | Rp298.91 Billion |
| % of Total Assets | 88.39% |
| Annual Growth Rate | 213.93% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 530.65 |
PT Aviana Sinar Abadi Tbk - Net Assets Trend (2021–2024)
This chart illustrates how PT Aviana Sinar Abadi 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 Aviana Sinar Abadi Tbk (2021–2024)
The table below shows the annual net assets of PT Aviana Sinar Abadi Tbk from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp163.48 Billion | -0.28% |
| 2023-12-31 | Rp163.95 Billion | +140.84% |
| 2022-12-31 | Rp68.07 Billion | +1189.30% |
| 2021-12-31 | Rp5.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Aviana Sinar Abadi 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 30.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp5.18 Billion | 3.17% |
| Common Stock | Rp75.01 Billion | 45.88% |
| Other Components | Rp83.30 Billion | 50.95% |
| Total Equity | Rp163.48 Billion | 100.00% |
PT Aviana Sinar Abadi Tbk Competitors by Market Cap
The table below lists competitors of PT Aviana Sinar Abadi Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Entech SE SAS
PA:ALESE
|
$51.95 Million |
|
Kingray Technology Co., Ltd.
TWO:6787
|
$51.95 Million |
|
Taiwan Steel Union Co Ltd
TW:6581
|
$51.95 Million |
|
Paramount Communications Limited
NSE:PARACABLES
|
$51.98 Million |
|
Jcontentree Corp
KO:036420
|
$51.93 Million |
|
CLIO Cosmetics Co.Ltd
KQ:237880
|
$51.93 Million |
|
Korea Cable T.V Chung-Buk System Co. Ltd.
KQ:066790
|
$51.91 Million |
|
Kamux Suomi Oy
HE:KAMUX
|
$51.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Aviana Sinar Abadi Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 163,946,913,160 to 163,481,927,930, a change of -464,985,230 (-0.3%).
- Net loss of 541,067,230 reduced equity.
- Share repurchases of 978,710 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-541.07 Million | -0.33% |
| Share Repurchases | Rp978.71K | -0.0% |
| Other Changes | Rp77.06 Million | +0.05% |
| Total Change | Rp- | -0.28% |
Book Value vs Market Value Analysis
This analysis compares PT Aviana Sinar Abadi 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: 13.27x
- 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 420.75x to 13.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Rp1.03 | Rp434.00 | x |
| 2022-12-31 | Rp13.61 | Rp434.00 | x |
| 2023-12-31 | Rp32.79 | Rp434.00 | x |
| 2024-12-31 | Rp32.69 | Rp434.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Aviana Sinar Abadi 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): -0.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.06%
- • Asset Turnover: 5.03x
- • Equity Multiplier: 1.02x
- Recent ROE (-0.33%) is below the historical average (3.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.45% | 7.10% | 1.21x | 1.22x | Rp23.38 Million |
| 2022 | 5.98% | 2.51% | 2.17x | 1.10x | Rp-2.74 Billion |
| 2023 | -1.42% | -0.93% | 1.48x | 1.02x | Rp-18.72 Billion |
| 2024 | -0.33% | -0.06% | 5.03x | 1.02x | Rp-16.89 Billion |
Industry Comparison
This section compares PT Aviana Sinar Abadi Tbk's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $467,291,473,263
- Average return on equity (ROE) among peers: 731.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Aviana Sinar Abadi Tbk (IRSX) | Rp298.91 Billion | 10.45% | 0.13x | $51.94 Million |
| Nusantara Voucher Distribution Tbk PT (DIVA) | $2.15 Trillion | 0.39% | 0.09x | $6.09 Million |
| Kioson Komersial Indonesia Tbk PT (KIOS) | $83.02 Billion | 3.51% | 2.01x | $3.95 Million |
| Global Sukses Solusi Tbk PT (RUNS) | $74.67 Billion | 3.94% | 0.17x | $1.32 Million |
| PT Topindo Solusi Komunika Tbk (TOSK) | $361.57 Million | 3648.30% | 87.79x | $4.38 Million |
| Trimegah Karya Pratama Tbk PT (UVCR) | $28.73 Billion | 1.01% | 0.37x | $7.02 Million |