First Media Tbk
PT First Media Tbk, together with its subsidiaries, provides telecommunications and multimedia services in Indonesia. It operates in two segments, Media Business and Content Creation Business. The company engages in the print media business, including newspapers and magazines, as well as digital news content; production of news, religious, and entertainment TV channels; and private television bro… Read more
First Media Tbk (KBLV) - Net Assets
Latest net assets as of September 2025: Rp10.29 Trillion IDR
Based on the latest financial reports, First Media Tbk (KBLV) has net assets worth Rp10.29 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp11.73 Trillion) and total liabilities (Rp1.44 Trillion). 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 | Rp10.29 Trillion |
| % of Total Assets | 87.71% |
| Annual Growth Rate | 10.56% |
| 5-Year Change | -20.24% |
| 10-Year Change | -91.28% |
| Growth Volatility | 373.19 |
First Media Tbk - Net Assets Trend (2006–2024)
This chart illustrates how First Media 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 First Media Tbk (2006–2024)
The table below shows the annual net assets of First Media Tbk from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp738.47 Billion | +225.94% |
| 2023-12-31 | Rp-586.38 Billion | -44.34% |
| 2022-12-31 | Rp-406.26 Billion | -1436.72% |
| 2021-12-31 | Rp30.39 Billion | -96.72% |
| 2020-12-31 | Rp925.82 Billion | -2.11% |
| 2019-12-31 | Rp945.74 Billion | -27.49% |
| 2018-12-31 | Rp1.30 Trillion | -77.00% |
| 2017-12-31 | Rp5.67 Trillion | -21.65% |
| 2016-12-31 | Rp7.24 Trillion | -14.48% |
| 2015-12-31 | Rp8.46 Trillion | -9.85% |
| 2014-12-31 | Rp9.39 Trillion | +285.30% |
| 2013-12-31 | Rp2.44 Trillion | +0.83% |
| 2012-12-31 | Rp2.42 Trillion | +0.44% |
| 2011-12-31 | Rp2.41 Trillion | +210.94% |
| 2010-12-31 | Rp773.83 Billion | +178.09% |
| 2009-12-31 | Rp278.26 Billion | +13.35% |
| 2008-12-31 | Rp245.49 Billion | -28.28% |
| 2007-12-31 | Rp342.28 Billion | +182.26% |
| 2006-12-31 | Rp121.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to First Media 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 decreased by 71660800000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp871.08 Billion | 53.98% |
| Other Comprehensive Income | Rp1.47 Trillion | 90.94% |
| Total Equity | Rp1.61 Trillion | 100.00% |
First Media Tbk Competitors by Market Cap
The table below lists competitors of First Media Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aeternal Mentis SA
MC:AMEN
|
$6.27 Million |
|
DYNASTY GOLD
F:D5G1
|
$6.27 Million |
|
ENTYR Ltd
AU:ETR
|
$6.27 Million |
|
Nutrition SC PCL
BK:NTSC
|
$6.27 Million |
|
SHEARWATER GRP PLC LS-10
F:DTW1
|
$6.27 Million |
|
meimaii Technology Co., Ltd
TWO:6473
|
$6.27 Million |
|
Moolec Science SA Ordinary Shares
NASDAQ:MLEC
|
$6.27 Million |
|
MST GOLF GROUP BERHAD
KLSE:5316
|
$6.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in First Media Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 283,472,000,000 to 1,613,801,000,000, a change of 1,330,329,000,000 (469.3%).
- Net income of 63,496,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,306,956,000,000.
- Other factors decreased equity by 40,123,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp63.50 Billion | +3.93% |
| Other Comprehensive Income | Rp1.31 Trillion | +80.99% |
| Other Changes | Rp-40.12 Billion | -2.49% |
| Total Change | Rp- | 469.30% |
Book Value vs Market Value Analysis
This analysis compares First Media 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: 0.12x
- 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 0.32x to 0.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Rp335.46 | Rp108.00 | x |
| 2010-12-31 | Rp559.97 | Rp108.00 | x |
| 2011-12-31 | Rp1009.50 | Rp108.00 | x |
| 2012-12-31 | Rp949.13 | Rp108.00 | x |
| 2013-12-31 | Rp889.77 | Rp108.00 | x |
| 2014-12-31 | Rp4737.50 | Rp108.00 | x |
| 2015-12-31 | Rp4448.36 | Rp108.00 | x |
| 2016-12-31 | Rp4112.54 | Rp108.00 | x |
| 2017-12-31 | Rp3419.38 | Rp108.00 | x |
| 2018-12-31 | Rp1304.16 | Rp108.00 | x |
| 2019-12-31 | Rp1096.94 | Rp108.00 | x |
| 2020-12-31 | Rp1098.05 | Rp108.00 | x |
| 2021-12-31 | Rp512.14 | Rp108.00 | x |
| 2022-12-31 | Rp267.38 | Rp108.00 | x |
| 2023-12-31 | Rp162.71 | Rp108.00 | x |
| 2024-12-31 | Rp926.32 | Rp108.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently First Media 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): 3.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 222.23%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.35x
- Recent ROE (3.93%) is above the historical average (-21.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 11.78% | 4.54% | 0.45x | 5.79x | Rp4.97 Billion |
| 2010 | 5.42% | 5.04% | 0.50x | 2.15x | Rp-35.45 Billion |
| 2011 | -2.51% | -4.24% | 0.28x | 2.10x | Rp-220.05 Billion |
| 2012 | -6.36% | -7.95% | 0.31x | 2.60x | Rp-270.49 Billion |
| 2013 | -6.67% | -5.89% | 0.33x | 3.38x | Rp-258.39 Billion |
| 2014 | 93.68% | 381.62% | 0.16x | 1.57x | Rp6.91 Trillion |
| 2015 | -8.06% | -58.79% | 0.08x | 1.77x | Rp-1.40 Trillion |
| 2016 | -11.09% | -60.74% | 0.10x | 1.78x | Rp-1.51 Trillion |
| 2017 | -18.48% | -112.03% | 0.08x | 2.03x | Rp-1.70 Trillion |
| 2018 | -153.93% | -388.08% | 0.13x | 3.07x | Rp-3.72 Trillion |
| 2019 | -13.40% | -102.85% | 0.03x | 3.75x | Rp-447.10 Billion |
| 2020 | 0.02% | 0.19% | 0.03x | 3.45x | Rp-190.93 Billion |
| 2021 | -155.92% | -916.46% | 0.03x | 5.14x | Rp-1.48 Trillion |
| 2022 | -58.16% | -192.95% | 0.11x | 2.73x | Rp-317.51 Billion |
| 2023 | -28.35% | -70.78% | 0.11x | 3.63x | Rp-108.70 Billion |
| 2024 | 3.93% | 222.23% | 0.01x | 1.35x | Rp-97.88 Billion |
Industry Comparison
This section compares First Media Tbk's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $6,387,459,846,340
- Average return on equity (ROE) among peers: 8.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| First Media Tbk (KBLV) | Rp10.29 Trillion | 11.78% | 0.14x | $6.27 Million |
| Mnc Investama Tbk (BHIT) | $31.41 Trillion | 4.86% | 0.89x | $112.48 Million |
| Graha Layar Prima Tbk (BLTZ) | $1.12 Trillion | 1.11% | 0.55x | $12.93 Million |
| Global Mediacom Tbk (BMTR) | $13.35 Trillion | 4.65% | 0.58x | $60.62 Million |
| Bali Bintang Sejahtera Tbk PT (BOLA) | $-390.39 Million | 0.00% | 0.00x | $31.48 Million |
| PT Nusantara Sejahtera Raya Tbk (CNMA) | $4.60 Trillion | 15.84% | 0.52x | $41.76 Million |
| Dyandra Media International PT (DYAN) | $816.11 Billion | -13.33% | 1.02x | $7.86 Million |
| MD Pictures Tbk PT (FILM) | $99.92 Billion | 24.52% | 0.11x | $605.87 Million |
| MNC Vision Networks PT (IPTV) | $5.67 Trillion | 5.51% | 0.80x | $41.76 Million |
| MNC Studios International Tbk PT (MSIN) | $409.36 Billion | 29.69% | 1.14x | $527.72 Million |