Kencana Energi Lestari (KEEN) - Net Assets
Based on the latest financial reports, Kencana Energi Lestari (KEEN) has net assets worth Rp3.36 Trillion IDR (≈ $196.96 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp5.98 Trillion ≈ $350.52 Million USD) and total liabilities (Rp2.62 Trillion ≈ $153.56 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 Kencana Energi Lestari tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp3.36 Trillion |
| % of Total Assets | 56.19% |
| Annual Growth Rate | 8.87% |
| 5-Year Change | 23.69% |
| 10-Year Change | N/A |
| Growth Volatility | 6.23 |
Kencana Energi Lestari - Net Assets Trend (2015–2024)
This chart illustrates how Kencana Energi Lestari's net assets have evolved over time, based on quarterly financial data. See Kencana Energi Lestari (KEEN) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kencana Energi Lestari (2015–2024)
The table below shows the annual net assets of Kencana Energi Lestari from 2015 to 2024. For live valuation and market cap data, see Kencana Energi Lestari market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp193.62 Million ≈ $11.35K |
+3.14% |
| 2023-12-31 | Rp187.73 Million ≈ $11.00K |
+7.23% |
| 2022-12-31 | Rp175.07 Million ≈ $10.26K |
+7.12% |
| 2021-12-31 | Rp163.44 Million ≈ $9.58K |
+4.41% |
| 2020-12-31 | Rp156.54 Million ≈ $9.17K |
+3.53% |
| 2019-12-31 | Rp151.20 Million ≈ $8.86K |
+23.13% |
| 2018-12-31 | Rp122.80 Million ≈ $7.20K |
+5.96% |
| 2017-12-31 | Rp115.90 Million ≈ $6.79K |
+15.64% |
| 2016-12-31 | Rp100.22 Million ≈ $5.87K |
+11.20% |
| 2015-12-31 | Rp90.13 Million ≈ $5.28K |
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Equity Component Analysis
This analysis shows how different components contribute to Kencana Energi Lestari'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 172.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp80.50 Million | 47.66% |
| Common Stock | Rp28.58 Million | 16.92% |
| Other Components | Rp59.82 Million | 35.42% |
| Total Equity | Rp168.91 Million | 100.00% |
Kencana Energi Lestari Competitors by Market Cap
The table below lists competitors of Kencana Energi Lestari ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WEST RED LAKE GOLD MINES
F:UJ0
|
$185.83 Million |
|
Value Added Technology Co. Ltd
KQ:043150
|
$185.91 Million |
|
Allpark Empreendimentos Participações e Serviços S.A
SA:ALPK3
|
$185.98 Million |
|
Dynacor Gold Mines Inc.
TO:DNG
|
$185.99 Million |
|
Owens & Minor Inc
NYSE:OMI
|
$185.63 Million |
|
Terra Metals Ltd
AU:TM1
|
$185.61 Million |
|
Sif Holding NV
AS:SIFG
|
$185.61 Million |
|
Shangri La Hotels Malaysia Bhd
KLSE:5517
|
$185.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kencana Energi Lestari's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 164,440,547 to 168,908,710, a change of 4,468,163 (2.7%).
- Net income of 6,233,306 contributed positively to equity growth.
- Dividend payments of 1,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 7,248,706.
- Other factors increased equity by 7,183,563.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp6.23 Million | +3.69% |
| Dividends Paid | Rp1.70 Million | -1.01% |
| Other Comprehensive Income | Rp-7.25 Million | -4.29% |
| Other Changes | Rp7.18 Million | +4.25% |
| Total Change | Rp- | 2.72% |
Book Value vs Market Value Analysis
This analysis compares Kencana Energi Lestari'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: 18775.59x
- 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 38688.60x to 18775.59x 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 | Rp0.02 | Rp865.00 | x |
| 2017-12-31 | Rp0.03 | Rp865.00 | x |
| 2018-12-31 | Rp0.03 | Rp865.00 | x |
| 2019-12-31 | Rp0.04 | Rp865.00 | x |
| 2020-12-31 | Rp0.04 | Rp865.00 | x |
| 2021-12-31 | Rp0.04 | Rp865.00 | x |
| 2022-12-31 | Rp0.04 | Rp865.00 | x |
| 2023-12-31 | Rp0.04 | Rp865.00 | x |
| 2024-12-31 | Rp0.05 | Rp865.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kencana Energi Lestari 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): 3.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.46%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.09x
- Recent ROE (3.69%) is below the historical average (5.17%), 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 | 6.45% | 20.03% | 0.14x | 2.33x | Rp-2.91 Million |
| 2017 | 2.50% | 7.35% | 0.16x | 2.14x | Rp-7.70 Million |
| 2018 | 5.46% | 22.81% | 0.11x | 2.12x | Rp-5.02 Million |
| 2019 | 2.79% | 15.41% | 0.09x | 2.00x | Rp-9.42 Million |
| 2020 | 4.91% | 26.47% | 0.09x | 2.10x | Rp-6.96 Million |
| 2021 | 4.69% | 18.26% | 0.12x | 2.11x | Rp-7.56 Million |
| 2022 | 8.20% | 30.02% | 0.13x | 2.07x | Rp-2.75 Million |
| 2023 | 7.85% | 26.89% | 0.14x | 2.15x | Rp-3.53 Million |
| 2024 | 3.69% | 16.46% | 0.11x | 2.09x | Rp-10.66 Million |
Industry Comparison
This section compares Kencana Energi Lestari's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $316,273,400,000
- Average return on equity (ROE) among peers: 1.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kencana Energi Lestari (KEEN) | Rp3.36 Trillion | 6.45% | 0.78x | $185.83 Million |
| Megapower Makmur TBK PT (MPOW) | $146.88 Billion | 2.09% | 1.13x | $4.69 Million |
| Cikarang Listrindo Tbk PT (POWR) | $485.67 Billion | 0.00% | 5.53x | $653.94 Million |
About Kencana Energi Lestari
PT Kencana Energi Lestari Tbk, together with its subsidiaries, operates as a renewable energy company in Indonesia. It owns and operates 4 hydropower plants in North Sumatra, Bengkulu, and South Sulawesi; 1 biomass power plant; and 1 solar energy power plant located in West Bangka, Bangka Belitung Islands. The company was founded in 2008 and is based in Jakarta Barat, Indonesia.