Resource Alam Indonesia Tbk (KKGI) - Net Assets
Based on the latest financial reports, Resource Alam Indonesia Tbk (KKGI) has net assets worth Rp157.89 Million IDR (≈ $9.25K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp191.47 Million ≈ $11.22K USD) and total liabilities (Rp33.58 Million ≈ $1.97K 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 KKGI asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp157.89 Million |
| % of Total Assets | 82.46% |
| Annual Growth Rate | -24.51% |
| 5-Year Change | 90.92% |
| 10-Year Change | 109.55% |
| Growth Volatility | 39.63 |
Resource Alam Indonesia Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Resource Alam Indonesia Tbk's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Resource Alam Indonesia Tbk for the complete picture of this company's asset base.
Annual Net Assets for Resource Alam Indonesia Tbk (2000–2024)
The table below shows the annual net assets of Resource Alam Indonesia Tbk from 2000 to 2024. For live valuation and market cap data, see market value of Resource Alam Indonesia Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp160.86 Million ≈ $9.43K |
+15.44% |
| 2023-12-31 | Rp139.34 Million ≈ $8.16K |
+13.34% |
| 2022-12-31 | Rp122.94 Million ≈ $7.20K |
+24.28% |
| 2021-12-31 | Rp98.92 Million ≈ $5.80K |
+17.41% |
| 2020-12-31 | Rp84.25 Million ≈ $4.94K |
-9.78% |
| 2019-12-31 | Rp93.38 Million ≈ $5.47K |
+7.70% |
| 2018-12-31 | Rp86.71 Million ≈ $5.08K |
-2.16% |
| 2017-12-31 | Rp88.62 Million ≈ $5.19K |
+4.99% |
| 2016-12-31 | Rp84.41 Million ≈ $4.95K |
+9.96% |
| 2015-12-31 | Rp76.76 Million ≈ $4.50K |
+6.33% |
| 2014-12-31 | Rp72.19 Million ≈ $4.23K |
-1.58% |
| 2013-12-31 | Rp73.35 Million ≈ $4.30K |
+0.07% |
| 2012-12-31 | Rp73.30 Million ≈ $4.30K |
+1.03% |
| 2011-12-31 | Rp72.55 Million ≈ $4.25K |
+115.53% |
| 2010-12-31 | Rp33.66 Million ≈ $1.97K |
+110.36% |
| 2009-12-31 | Rp16.00 Million ≈ $937.64 |
+42.81% |
| 2008-12-31 | Rp11.21 Million ≈ $656.58 |
+26.28% |
| 2007-12-31 | Rp8.87 Million ≈ $519.94 |
-26.03% |
| 2006-12-31 | Rp12.00 Million ≈ $702.93 |
-99.99% |
| 2005-12-31 | Rp134.57 Billion ≈ $7.89 Million |
-2.87% |
| 2004-12-31 | Rp138.54 Billion ≈ $8.12 Million |
-0.32% |
| 2003-12-31 | Rp138.99 Billion ≈ $8.14 Million |
-0.88% |
| 2002-12-31 | Rp140.23 Billion ≈ $8.22 Million |
-1.26% |
| 2001-12-31 | Rp142.01 Billion ≈ $8.32 Million |
+3.43% |
| 2000-12-31 | Rp137.30 Billion ≈ $8.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Resource Alam Indonesia 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 99.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp188.63 Million | 117.36% |
| Common Stock | Rp24.04 Million | 14.96% |
| Other Comprehensive Income | Rp-48.99 Million | -30.48% |
| Total Equity | Rp160.73 Million | 100.00% |
Resource Alam Indonesia Tbk Competitors by Market Cap
The table below lists competitors of Resource Alam Indonesia Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DHI Group Inc
NYSE:DHX
|
$90.26 Million |
|
Barington/Hilco Acquisition
NASDAQ:BHAC
|
$90.28 Million |
|
Stem Inc
NYSE:STEM
|
$90.30 Million |
|
Golden Matrix Group Inc
NASDAQ:GMGI
|
$90.34 Million |
|
Nan Liu Enterprise Co Ltd
TW:6504
|
$90.23 Million |
|
Golf & Co Group Ltd
TA:GOLF
|
$90.18 Million |
|
Osteonic Co. Ltd
KQ:226400
|
$90.14 Million |
|
US Masters Residential Property Fund
AU:URF
|
$90.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Resource Alam Indonesia Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 138,585,999 to 160,730,649, a change of 22,144,650 (16.0%).
- Net income of 40,077,137 contributed positively to equity growth.
- Dividend payments of 15,281,189 reduced retained earnings.
- New share issuances of 47,107 increased equity.
- Other comprehensive income decreased equity by 5,112,510.
- Other factors increased equity by 2,414,105.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp40.08 Million | +24.93% |
| Dividends Paid | Rp15.28 Million | -9.51% |
| Share Issuances | Rp47.11K | +0.03% |
| Other Comprehensive Income | Rp-5.11 Million | -3.18% |
| Other Changes | Rp2.41 Million | +1.5% |
| Total Change | Rp- | 15.98% |
Book Value vs Market Value Analysis
This analysis compares Resource Alam Indonesia 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: 9557.66x
- 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 131708.89x to 9557.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | Rp0.00 | Rp316.00 | x |
| 2007-12-31 | Rp0.00 | Rp316.00 | x |
| 2008-12-31 | Rp0.00 | Rp316.00 | x |
| 2009-12-31 | Rp0.00 | Rp316.00 | x |
| 2010-12-31 | Rp0.01 | Rp316.00 | x |
| 2011-12-31 | Rp0.01 | Rp316.00 | x |
| 2012-12-31 | Rp0.01 | Rp316.00 | x |
| 2013-12-31 | Rp0.01 | Rp316.00 | x |
| 2014-12-31 | Rp0.01 | Rp316.00 | x |
| 2015-12-31 | Rp0.02 | Rp316.00 | x |
| 2016-12-31 | Rp0.02 | Rp316.00 | x |
| 2017-12-31 | Rp0.02 | Rp316.00 | x |
| 2018-12-31 | Rp0.02 | Rp316.00 | x |
| 2019-12-31 | Rp0.02 | Rp316.00 | x |
| 2020-12-31 | Rp0.02 | Rp316.00 | x |
| 2021-12-31 | Rp0.02 | Rp316.00 | x |
| 2022-12-31 | Rp0.03 | Rp316.00 | x |
| 2023-12-31 | Rp0.03 | Rp316.00 | x |
| 2024-12-31 | Rp0.03 | Rp316.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Resource Alam Indonesia 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): 24.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.26%
- • Asset Turnover: 1.56x
- • Equity Multiplier: 1.30x
- Recent ROE (24.93%) is above the historical average (15.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.13% | 6.51% | 0.66x | 1.89x | Rp-2.57 Billion |
| 2001 | 3.32% | 2.53% | 0.66x | 1.97x | Rp-9.49 Billion |
| 2006 | -24.86% | -55.33% | 0.24x | 1.84x | Rp-4.18 Million |
| 2007 | -29.33% | -44.23% | 0.32x | 2.09x | Rp-3.49 Million |
| 2008 | 32.69% | 11.96% | 1.50x | 1.82x | Rp2.54 Million |
| 2009 | 21.22% | 7.87% | 1.49x | 1.81x | Rp1.80 Million |
| 2010 | 54.11% | 17.13% | 1.84x | 1.72x | Rp14.85 Million |
| 2011 | 68.52% | 21.16% | 2.18x | 1.49x | Rp42.45 Million |
| 2012 | 32.87% | 10.98% | 2.07x | 1.45x | Rp16.42 Million |
| 2013 | 24.11% | 8.93% | 1.82x | 1.48x | Rp10.11 Million |
| 2014 | 11.45% | 5.95% | 1.36x | 1.41x | Rp1.02 Million |
| 2015 | 7.84% | 5.15% | 1.13x | 1.35x | Rp-1.58 Million |
| 2016 | 11.78% | 10.43% | 0.94x | 1.20x | Rp1.46 Million |
| 2017 | 15.78% | 16.28% | 0.80x | 1.22x | Rp5.00 Million |
| 2018 | 0.78% | 1.17% | 0.49x | 1.38x | Rp-7.81 Million |
| 2019 | 6.06% | 4.83% | 0.91x | 1.38x | Rp-3.60 Million |
| 2020 | -10.36% | -12.00% | 0.66x | 1.30x | Rp-17.04 Million |
| 2021 | 23.46% | 17.48% | 1.00x | 1.34x | Rp13.26 Million |
| 2022 | 31.67% | 15.17% | 1.50x | 1.39x | Rp26.46 Million |
| 2023 | 19.40% | 9.12% | 1.47x | 1.45x | Rp13.02 Million |
| 2024 | 24.93% | 12.26% | 1.56x | 1.30x | Rp24.00 Million |
Industry Comparison
This section compares Resource Alam Indonesia Tbk's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $186,639,287,191
- Average return on equity (ROE) among peers: 10.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Resource Alam Indonesia Tbk (KKGI) | Rp157.89 Million | 8.13% | 0.21x | $90.24 Million |
| Abm Investama Tbk (ABMM) | $161.75 Million | -23.33% | 4.11x | $475.91 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $3.35 Billion | 4.55% | 0.78x | $4.25 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $20.13 Billion | 6.64% | 3.04x | $5.80 Million |
| Atlas Resources Tbk (ARII) | $144.31 Million | -7.38% | 1.07x | $61.97 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $-71.64 Billion | 0.00% | 0.00x | $4.10 Million |
| Baramulti Suksessarana Tbk (BSSR) | $149.89 Million | 55.25% | 0.40x | $610.20 Million |
| Bumi Resources Tbk (BUMI) | $503.61 Million | 43.77% | 6.76x | $5.22 Billion |
| Bayan Resources Tbk (BYAN) | $340.62 Million | 25.14% | 1.74x | $22.27 Billion |
| Exploitasi Energi Indonesia (CNKO) | $1.91 Trillion | -31.22% | 1.71x | $397.57K |
| PT Petrindo Jaya Kreasi Tbk (CUAN) | $565.90 Million | 28.41% | 2.14x | $7.90 Billion |
About Resource Alam Indonesia Tbk
PT Resource Alam Indonesia Tbk, together with its subsidiaries, engages in the coal mining business in Indonesia. It sells high pressure laminate and melamine laminated particle boards; supplies electricity; and offers other mining and excavation support services. The company is also involved in the wholesale of foel solid, liquid gas, and others; development and management of real estate propert… Read more