Hoffmen Cleanindo
PT Hoffmen Cleanindo Tbk, through its subsidiaries, provides facility management services in Indonesia. It operates through Cleaning and Security, and Parking segments. The company offers cleaning services for shopping centers, residences, office spaces, toilets, hallways, and lobbies and courtyards both indoors and outdoors; gardening services which provides care for plants in malls, office/resi… Read more
Hoffmen Cleanindo (KING) - Net Assets
Latest net assets as of December 2024: Rp105.16 Billion IDR
Based on the latest financial reports, Hoffmen Cleanindo (KING) has net assets worth Rp105.16 Billion IDR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp160.12 Billion) and total liabilities (Rp54.97 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 | Rp105.16 Billion |
| % of Total Assets | 65.67% |
| Annual Growth Rate | 94.22% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 111.53 |
Hoffmen Cleanindo - Net Assets Trend (2022–2024)
This chart illustrates how Hoffmen Cleanindo's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hoffmen Cleanindo (2022–2024)
The table below shows the annual net assets of Hoffmen Cleanindo from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp105.16 Billion | +12.51% |
| 2023-12-31 | Rp93.46 Billion | +235.56% |
| 2022-12-31 | Rp27.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hoffmen Cleanindo'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 243936952000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp52.00 Billion | 49.45% |
| Other Components | Rp55.59 Billion | 52.87% |
| Total Equity | Rp105.16 Billion | 100.00% |
Hoffmen Cleanindo Competitors by Market Cap
The table below lists competitors of Hoffmen Cleanindo ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Purefun Group AB
ST:PURE
|
$3.36 Million |
|
Top Group Software Ltd
TA:TOPG
|
$3.37 Million |
|
374WATER INC. DL-0001
F:8LL
|
$3.37 Million |
|
Spine Injury Solutions Inc
BATS:SPIN
|
$3.37 Million |
|
Saigon Machinery Spare Parts JSC
VN:SMA
|
$3.36 Million |
|
UMBRELLA SOLAR INV.EO-02
F:U6Q
|
$3.36 Million |
|
Super League Enterprise Inc.
NASDAQ:SLE
|
$3.36 Million |
|
Hydrogen Utopia International PLC
PINK:HUIPF
|
$3.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hoffmen Cleanindo's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 93,464,454,560 to 105,157,659,510, a change of 11,693,204,950 (12.5%).
- Net income of 11,600,195,600 contributed positively to equity growth.
- Share repurchases of 40,868,400 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp11.60 Billion | +11.03% |
| Share Repurchases | Rp40.87 Million | -0.04% |
| Other Changes | Rp133.88 Million | +0.13% |
| Total Change | Rp- | 12.51% |
Book Value vs Market Value Analysis
This analysis compares Hoffmen Cleanindo'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: 6.23x
- 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 36.01x to 6.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Rp7.00 | Rp252.00 | x |
| 2023-12-31 | Rp35.95 | Rp252.00 | x |
| 2024-12-31 | Rp40.44 | Rp252.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hoffmen Cleanindo 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): 11.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.39%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 1.52x
- Recent ROE (11.03%) is above the historical average (5.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 3.80% | 0.65% | 2.15x | 2.71x | Rp-1.73 Billion |
| 2023 | 2.72% | 1.19% | 1.45x | 1.58x | Rp-6.81 Billion |
| 2024 | 11.03% | 5.39% | 1.34x | 1.52x | Rp1.08 Billion |
Industry Comparison
This section compares Hoffmen Cleanindo's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $223,236,718,446
- Average return on equity (ROE) among peers: 11.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hoffmen Cleanindo (KING) | Rp105.16 Billion | 3.80% | 0.52x | $3.36 Million |
| Arkha Jayanti Persada PT (ARKA) | $101.09 Billion | 6.04% | 3.75x | $1.90 Million |
| Astra Graphia Tbk (ASGR) | $1.17 Trillion | 21.87% | 0.48x | $29.34 Million |
| PT Carsurin Tbk (CRSN) | $75.51 Billion | 18.67% | 0.81x | $3.75 Million |
| PT Ecocare Indo Pasifik Tbk (HYGN) | $53.95 Billion | 18.71% | 1.07x | $4.39 Million |
| Jasuindo Tiga Perkasa Tbk (JTPE) | $56.39 Billion | 3.41% | 0.66x | $66.37 Million |
| Multifiling Mitra Indonesia (MFMI) | $115.82 Billion | 10.16% | 0.21x | $395.30K |
| PT Mutuagung Lestari Tbk (MUTU) | $200.39 Billion | 15.42% | 0.37x | $6.15 Million |
| PT Mitra Tirta Buwana Tbk (SOUL) | $16.44 Billion | 0.48% | 0.13x | $2.18 Million |