Darmi Bersaudara Tbk PT (KAYU) - Net Assets
Based on the latest financial reports, Darmi Bersaudara Tbk PT (KAYU) has net assets worth Rp81.13 Billion IDR (≈ $4.75 Million USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp98.97 Billion ≈ $5.80 Million USD) and total liabilities (Rp17.84 Billion ≈ $1.05 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 Darmi Bersaudara Tbk PT liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp81.13 Billion |
| % of Total Assets | 81.98% |
| Annual Growth Rate | 73.42% |
| 5-Year Change | 3.88% |
| 10-Year Change | N/A |
| Growth Volatility | 222.12 |
Darmi Bersaudara Tbk PT - Net Assets Trend (2016–2023)
This chart illustrates how Darmi Bersaudara Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore Darmi Bersaudara Tbk PT balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Darmi Bersaudara Tbk PT (2016–2023)
The table below shows the annual net assets of Darmi Bersaudara Tbk PT from 2016 to 2023. For live valuation and market cap data, see Darmi Bersaudara Tbk PT (KAYU) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Rp81.13 Billion ≈ $4.75 Million |
+1.00% |
| 2022-12-31 | Rp80.32 Billion ≈ $4.71 Million |
+2.21% |
| 2021-12-31 | Rp78.59 Billion ≈ $4.61 Million |
+0.31% |
| 2020-12-31 | Rp78.34 Billion ≈ $4.59 Million |
+0.31% |
| 2019-12-31 | Rp78.10 Billion ≈ $4.58 Million |
+41.95% |
| 2018-12-31 | Rp55.02 Billion ≈ $3.22 Million |
+600.03% |
| 2017-12-31 | Rp7.86 Billion ≈ $460.53K |
+356.44% |
| 2016-12-31 | Rp1.72 Billion ≈ $100.90K |
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Equity Component Analysis
This analysis shows how different components contribute to Darmi Bersaudara 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 573.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp9.86 Billion | 12.15% |
| Common Stock | Rp66.50 Billion | 81.97% |
| Other Comprehensive Income | Rp24.65 Million | 0.03% |
| Other Components | Rp4.75 Billion | 5.85% |
| Total Equity | Rp81.13 Billion | 100.00% |
Darmi Bersaudara Tbk PT Competitors by Market Cap
The table below lists competitors of Darmi Bersaudara Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Diagonal Bio AB
ST:DIABIO
|
$703.53K |
|
Logistics Development Group PLC
LSE:LDG
|
$704.91K |
|
IMMERSION G. S.A. ZY 10
F:73W
|
$708.18K |
|
Volvere PLC
LSE:VLE
|
$709.32K |
|
Founder Group Limited Ordinary Shares
NASDAQ:FGL
|
$700.45K |
|
Onconetix Inc
NASDAQ:ONCO
|
$699.76K |
|
Lake Winn Resources Corp
V:LWR
|
$697.47K |
|
Mullen Automotive Inc.
NASDAQ:MULN
|
$695.57K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Darmi Bersaudara Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 80,323,680,958 to 81,130,451,655, a change of 806,770,697 (1.0%).
- Net income of 806,770,691 contributed positively to equity growth.
- Other comprehensive income increased equity by 6.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp806.77 Million | +0.99% |
| Other Comprehensive Income | Rp6.00 | +0.0% |
| Total Change | Rp- | 1.00% |
Book Value vs Market Value Analysis
This analysis compares Darmi Bersaudara 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: 0.15x
- 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 increased from 0.03x to 0.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp688.77 | Rp18.00 | x |
| 2017-12-31 | Rp302.21 | Rp18.00 | x |
| 2018-12-31 | Rp153.97 | Rp18.00 | x |
| 2019-12-31 | Rp132.60 | Rp18.00 | x |
| 2020-12-31 | Rp117.81 | Rp18.00 | x |
| 2021-12-31 | Rp118.18 | Rp18.00 | x |
| 2022-12-31 | Rp120.79 | Rp18.00 | x |
| 2023-12-31 | Rp122.00 | Rp18.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Darmi Bersaudara 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): 0.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.98%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.22x
- Recent ROE (0.99%) is below the historical average (1.78%), 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 | 1.16% | 0.41% | 0.48x | 5.91x | Rp-152.18 Million |
| 2017 | 1.64% | 0.59% | 0.74x | 3.72x | Rp-657.23 Million |
| 2018 | 3.37% | 4.93% | 0.51x | 1.34x | Rp-3.65 Billion |
| 2019 | 4.23% | 7.54% | 0.41x | 1.35x | Rp-4.51 Billion |
| 2020 | 0.48% | 0.51% | 0.67x | 1.41x | Rp-7.45 Billion |
| 2021 | 0.19% | 2.91% | 0.05x | 1.35x | Rp-7.71 Billion |
| 2022 | 2.21% | 7.83% | 0.22x | 1.30x | Rp-6.25 Billion |
| 2023 | 0.99% | 11.98% | 0.07x | 1.22x | Rp-7.31 Billion |
Industry Comparison
This section compares Darmi Bersaudara Tbk PT's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $164,169,724,002
- Average return on equity (ROE) among peers: -10.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Darmi Bersaudara Tbk PT (KAYU) | Rp81.13 Billion | 1.16% | 0.22x | $701.39K |
| Indonesia Fibreboard Industry PT (IFII) | $498.46 Billion | 7.18% | 1.25x | $122.43 Million |
| Singaraja Putra (SINI) | $40.03 Billion | 9.41% | 3.37x | $377.67 Million |
| Slj Global Tbk (SULI) | $16.51 Million | -69.48% | 1.78x | $38.15 Million |
| Tirta Mahakam Resources Tbk (TIRT) | $118.17 Billion | 10.88% | 1.40x | $30.24 Million |
About Darmi Bersaudara Tbk PT
PT Darmi Bersaudara Tbk primarily engages in the trading of processed wood products in Indonesia, India, and Nepal. Its processed wood products include decking, E2E, T&G, flooring, door jamb, post beam, finger joint, and window jamb products. The company exports its products. PT Darmi Bersaudara Tbk was founded in 1998 and is headquartered in Surabaya, Indonesia. PT Darmi Bersaudara Tbk is a subs… Read more