Jasuindo Tiga Perkasa Tbk (JTPE) - Net Assets
Based on the latest financial reports, Jasuindo Tiga Perkasa Tbk (JTPE) has net assets worth Rp1.35 Trillion IDR (≈ $78.93 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.12 Trillion ≈ $123.93 Million USD) and total liabilities (Rp768.02 Billion ≈ $45.00 Million 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 JTPE asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp1.35 Trillion |
| % of Total Assets | 63.69% |
| Annual Growth Rate | 25.87% |
| 5-Year Change | 62.96% |
| 10-Year Change | 257.89% |
| Growth Volatility | 92.4 |
Jasuindo Tiga Perkasa Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Jasuindo Tiga Perkasa Tbk's net assets have evolved over time, based on quarterly financial data. Also explore JTPE total asset value for the complete picture of this company's asset base.
Annual Net Assets for Jasuindo Tiga Perkasa Tbk (2000–2024)
The table below shows the annual net assets of Jasuindo Tiga Perkasa Tbk from 2000 to 2024. For live valuation and market cap data, see Jasuindo Tiga Perkasa Tbk market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.26 Trillion ≈ $73.56 Million |
+15.70% |
| 2023-12-31 | Rp1.09 Trillion ≈ $63.58 Million |
+6.17% |
| 2022-12-31 | Rp1.02 Trillion ≈ $59.89 Million |
+12.21% |
| 2021-12-31 | Rp910.84 Billion ≈ $53.37 Million |
+18.23% |
| 2020-12-31 | Rp770.42 Billion ≈ $45.14 Million |
+3.30% |
| 2019-12-31 | Rp745.83 Billion ≈ $43.70 Million |
+15.20% |
| 2018-12-31 | Rp647.43 Billion ≈ $37.94 Million |
+10.41% |
| 2017-12-31 | Rp586.38 Billion ≈ $34.36 Million |
+5.91% |
| 2016-12-31 | Rp553.65 Billion ≈ $32.44 Million |
+57.83% |
| 2015-12-31 | Rp350.79 Billion ≈ $20.56 Million |
+23.22% |
| 2014-12-31 | Rp284.69 Billion ≈ $16.68 Million |
+17.64% |
| 2013-12-31 | Rp242.00 Billion ≈ $14.18 Million |
+17.28% |
| 2012-12-31 | Rp206.34 Billion ≈ $12.09 Million |
+10.26% |
| 2011-12-31 | Rp187.14 Billion ≈ $10.97 Million |
+21.63% |
| 2010-12-31 | Rp153.86 Billion ≈ $9.02 Million |
+74.28% |
| 2009-12-31 | Rp88.29 Billion ≈ $5.17 Million |
+35.68% |
| 2008-12-31 | Rp65.07 Billion ≈ $3.81 Million |
+8.42% |
| 2007-12-31 | Rp60.01 Billion ≈ $3.52 Million |
+6.43% |
| 2006-12-31 | Rp56.39 Billion ≈ $3.30 Million |
+3.50% |
| 2005-12-31 | Rp54.48 Billion ≈ $3.19 Million |
-0.89% |
| 2004-12-31 | Rp54.97 Billion ≈ $3.22 Million |
-3.85% |
| 2003-12-31 | Rp57.17 Billion ≈ $3.35 Million |
+7.52% |
| 2002-12-31 | Rp53.17 Billion ≈ $3.12 Million |
+86.40% |
| 2001-12-31 | Rp28.53 Billion ≈ $1.67 Million |
+468.62% |
| 2000-12-31 | Rp5.02 Billion ≈ $293.97K |
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Equity Component Analysis
This analysis shows how different components contribute to Jasuindo Tiga Perkasa 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 34303.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp865.90 Billion | 75.09% |
| Common Stock | Rp34.26 Billion | 2.97% |
| Other Comprehensive Income | Rp243.25 Billion | 21.10% |
| Other Components | Rp9.66 Billion | 0.84% |
| Total Equity | Rp1.15 Trillion | 100.00% |
Jasuindo Tiga Perkasa Tbk Competitors by Market Cap
The table below lists competitors of Jasuindo Tiga Perkasa Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gyldendal A/S
CO:GYLD-A
|
$252.98 Million |
|
Berry Petroleum Corp
NASDAQ:BRY
|
$253.00 Million |
|
Atha Energy Corp.
V:SASK
|
$253.00 Million |
|
El-Mor Electric Installation & Services 1986 Ltd
TA:ELMR
|
$253.01 Million |
|
EUWAX Aktiengesellschaft
F:EUX
|
$252.86 Million |
|
NEOBO FASTIGHETER
ST:NEOBO
|
$252.86 Million |
|
Mitra Pinasthika Mustika Tbk
JK:MPMX
|
$252.79 Million |
|
Bank of Zhengzhou Co. Ltd
F:3BZ
|
$252.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jasuindo Tiga Perkasa Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 996,925,329,071 to 1,153,078,411,000, a change of 156,153,081,929 (15.7%).
- Net income of 237,971,904,000 contributed positively to equity growth.
- Dividend payments of 92,725,967,000 reduced retained earnings.
- Other comprehensive income increased equity by 11,264,811,127.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp237.97 Billion | +20.64% |
| Dividends Paid | Rp92.73 Billion | -8.04% |
| Other Comprehensive Income | Rp11.26 Billion | +0.98% |
| Other Changes | Rp-357.67 Million | -0.03% |
| Total Change | Rp- | 15.66% |
Book Value vs Market Value Analysis
This analysis compares Jasuindo Tiga Perkasa 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: 3.74x
- 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 23.81x to 3.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Rp26.46 | Rp630.00 | x |
| 2012-12-31 | Rp30.03 | Rp630.00 | x |
| 2013-12-31 | Rp34.24 | Rp630.00 | x |
| 2014-12-31 | Rp40.35 | Rp630.00 | x |
| 2015-12-31 | Rp47.50 | Rp630.00 | x |
| 2016-12-31 | Rp76.88 | Rp630.00 | x |
| 2017-12-31 | Rp80.81 | Rp630.00 | x |
| 2018-12-31 | Rp89.05 | Rp630.00 | x |
| 2019-12-31 | Rp101.86 | Rp630.00 | x |
| 2020-12-31 | Rp105.24 | Rp630.00 | x |
| 2021-12-31 | Rp124.98 | Rp630.00 | x |
| 2022-12-31 | Rp138.54 | Rp630.00 | x |
| 2023-12-31 | Rp145.49 | Rp630.00 | x |
| 2024-12-31 | Rp168.28 | Rp630.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jasuindo Tiga Perkasa 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): 20.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.24%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.78x
- Recent ROE (20.64%) is above the historical average (17.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.79% | 2.28% | 1.24x | 4.19x | Rp89.97 Million |
| 2001 | 3.54% | 3.10% | 0.69x | 1.66x | Rp-1.84 Billion |
| 2002 | 7.14% | 7.56% | 0.75x | 1.27x | Rp-1.52 Billion |
| 2003 | 7.29% | 8.18% | 0.56x | 1.60x | Rp-1.54 Billion |
| 2006 | 3.42% | 1.99% | 1.03x | 1.66x | Rp-3.71 Billion |
| 2007 | 6.07% | 3.63% | 1.04x | 1.61x | Rp-2.36 Billion |
| 2008 | 12.35% | 5.03% | 1.39x | 1.76x | Rp1.53 Billion |
| 2009 | 28.77% | 9.37% | 1.69x | 1.82x | Rp16.56 Billion |
| 2010 | 49.14% | 16.95% | 1.89x | 1.54x | Rp60.20 Billion |
| 2011 | 42.60% | 15.71% | 1.63x | 1.66x | Rp61.00 Billion |
| 2012 | 20.71% | 10.17% | 0.94x | 2.17x | Rp22.03 Billion |
| 2013 | 17.43% | 6.86% | 1.04x | 2.45x | Rp17.43 Billion |
| 2014 | 19.48% | 6.46% | 1.27x | 2.38x | Rp26.20 Billion |
| 2015 | 19.29% | 6.38% | 1.11x | 2.72x | Rp30.24 Billion |
| 2016 | 14.74% | 6.96% | 1.06x | 2.00x | Rp24.99 Billion |
| 2017 | 14.00% | 6.29% | 1.21x | 1.83x | Rp22.17 Billion |
| 2018 | 18.40% | 8.84% | 1.17x | 1.78x | Rp51.23 Billion |
| 2019 | 24.08% | 11.68% | 1.25x | 1.65x | Rp98.25 Billion |
| 2020 | 9.99% | 7.36% | 0.94x | 1.44x | Rp-99.83 Million |
| 2021 | 10.69% | 8.51% | 0.89x | 1.42x | Rp5.88 Billion |
| 2022 | 13.41% | 8.94% | 0.91x | 1.65x | Rp32.32 Billion |
| 2023 | 20.83% | 9.04% | 1.28x | 1.80x | Rp107.95 Billion |
| 2024 | 20.64% | 11.24% | 1.03x | 1.78x | Rp122.66 Billion |
Industry Comparison
This section compares Jasuindo Tiga Perkasa Tbk's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $203,192,507,660
- Average return on equity (ROE) among peers: 10.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jasuindo Tiga Perkasa Tbk (JTPE) | Rp1.35 Trillion | 11.79% | 0.57x | $252.95 Million |
| Arkha Jayanti Persada PT (ARKA) | $114.20 Billion | 2.56% | 2.65x | $3.63 Million |
| Astra Graphia Tbk (ASGR) | $332.88 Billion | 18.77% | 1.53x | $129.61 Million |
| Multifiling Mitra Indonesia (MFMI) | $162.51 Billion | 10.14% | 0.14x | $57.71 Million |
About Jasuindo Tiga Perkasa Tbk
PT Jasuindo Tiga Perkasa Tbk, together with its subsidiaries, operates in the security printing industry in Indonesia. The company operates in two segments, Security and Non-Security. It offers payment products, including cheque, bank cards, and other payment products; brand protection products comprising security and specialty packaging, security voucher and coupon, hologram, label, and tax stam… Read more