Indonesian Tobacco Tbk PT
PT Indonesian Tobacco Tbk manufactures and sells cigarettes and tobacco products in Indonesia. The company offers roll your own tobacco products comprising roll-your-own cigarettes, tingwe tobacco, and shag tobacco or selfrolled tobacco. It operates in Papua, Nusa Tenggara, Kalimantan, Sulawesi, Sumatera, Maluku, and Java. The company also exports its products to Malaysia, Singapore, Japan, and I… Read more
Indonesian Tobacco Tbk PT (ITIC) - Net Assets
Latest net assets as of September 2025: Rp450.21 Billion IDR
Based on the latest financial reports, Indonesian Tobacco Tbk PT (ITIC) has net assets worth Rp450.21 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 (Rp634.25 Billion) and total liabilities (Rp184.04 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 | Rp450.21 Billion |
| % of Total Assets | 70.98% |
| Annual Growth Rate | 63.07% |
| 5-Year Change | 54.84% |
| 10-Year Change | N/A |
| Growth Volatility | 372.4 |
Indonesian Tobacco Tbk PT - Net Assets Trend (2016–2024)
This chart illustrates how Indonesian Tobacco Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Indonesian Tobacco Tbk PT (2016–2024)
The table below shows the annual net assets of Indonesian Tobacco Tbk PT from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp433.30 Billion | +8.89% |
| 2023-12-31 | Rp397.93 Billion | +9.23% |
| 2022-12-31 | Rp364.32 Billion | +12.21% |
| 2021-12-31 | Rp324.68 Billion | +16.03% |
| 2020-12-31 | Rp279.83 Billion | +5.14% |
| 2019-12-31 | Rp266.15 Billion | +29.19% |
| 2018-12-31 | Rp206.02 Billion | +1147.71% |
| 2017-12-31 | Rp16.51 Billion | +90.51% |
| 2016-12-31 | Rp8.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indonesian Tobacco Tbk PT'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 9725948662500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp72.59 Billion | 16.75% |
| Common Stock | Rp47.04 Billion | 10.86% |
| Other Comprehensive Income | Rp275.76 Billion | 63.64% |
| Other Components | Rp37.91 Billion | 8.75% |
| Total Equity | Rp433.30 Billion | 100.00% |
Indonesian Tobacco Tbk PT Competitors by Market Cap
The table below lists competitors of Indonesian Tobacco Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
3DG Holdings (International) Limited
PINK:HKRHF
|
$3.76 Million |
|
Opthea Limited
NASDAQ:OPTEY
|
$3.76 Million |
|
Dogness International Corp Class A
NASDAQ:DOGZ
|
$3.76 Million |
|
Tsogo Sun
JSE:TSG
|
$3.76 Million |
|
Toba Pulp Lestari Tbk
JK:INRU
|
$3.76 Million |
|
Jadi Imaging Holdings Bhd
KLSE:7223
|
$3.76 Million |
|
Well Graded Engineering Public Company Limited
BK:WGE
|
$3.76 Million |
|
Cerebra Integrated Technologies Limited
NSE:CEREBRAINT
|
$3.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indonesian Tobacco Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 397,931,211,000 to 433,296,166,000, a change of 35,364,955,000 (8.9%).
- Net income of 21,241,244,000 contributed positively to equity growth.
- Dividend payments of 4,703,600,000 reduced retained earnings.
- Other comprehensive income increased equity by 19,282,791,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp21.24 Billion | +4.9% |
| Dividends Paid | Rp4.70 Billion | -1.09% |
| Other Comprehensive Income | Rp19.28 Billion | +4.45% |
| Other Changes | Rp-455.48 Million | -0.11% |
| Total Change | Rp- | 8.89% |
Book Value vs Market Value Analysis
This analysis compares Indonesian Tobacco Tbk PT'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: 0.57x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 28.65x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp9.21 | Rp264.00 | x |
| 2017-12-31 | Rp17.55 | Rp264.00 | x |
| 2018-12-31 | Rp219.00 | Rp264.00 | x |
| 2019-12-31 | Rp331.63 | Rp264.00 | x |
| 2020-12-31 | Rp297.46 | Rp264.00 | x |
| 2021-12-31 | Rp345.14 | Rp264.00 | x |
| 2022-12-31 | Rp387.28 | Rp264.00 | x |
| 2023-12-31 | Rp423.01 | Rp264.00 | x |
| 2024-12-31 | Rp460.60 | Rp264.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indonesian Tobacco Tbk PT 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): 4.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.31%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.47x
- Recent ROE (4.90%) is below the historical average (6.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -17.11% | -1.81% | 0.49x | 19.19x | Rp-2.35 Billion |
| 2017 | 52.52% | 7.65% | 0.70x | 9.76x | Rp7.02 Billion |
| 2018 | 4.00% | 6.13% | 0.38x | 1.73x | Rp-12.35 Billion |
| 2019 | -2.63% | -4.20% | 0.37x | 1.68x | Rp-33.62 Billion |
| 2020 | 2.19% | 3.10% | 0.39x | 1.80x | Rp-21.86 Billion |
| 2021 | 5.66% | 8.57% | 0.41x | 1.62x | Rp-14.10 Billion |
| 2022 | 6.57% | 9.59% | 0.45x | 1.52x | Rp-12.48 Billion |
| 2023 | 6.78% | 9.89% | 0.49x | 1.41x | Rp-12.83 Billion |
| 2024 | 4.90% | 7.31% | 0.46x | 1.47x | Rp-22.09 Billion |
Industry Comparison
This section compares Indonesian Tobacco Tbk PT's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $5,292,553,130,601
- Average return on equity (ROE) among peers: 23.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indonesian Tobacco Tbk PT (ITIC) | Rp450.21 Billion | -17.11% | 0.41x | $3.76 Million |
| Gudang Garam Tbk (GGRM) | $9.71 Trillion | 21.49% | 0.59x | $416.94 Million |
| Hanjaya Mandala Sampoerna Tbk PT (HMSP) | $5.18 Trillion | 38.48% | 1.23x | $413.55 Million |
| Wismilak Inti Makmur Tbk (WIIM) | $991.09 Billion | 10.71% | 0.37x | $89.82 Million |