Steadfast Marine PT
PT Steadfast Marine Tbk designs and manufactures ships in Indonesia. The company also offers ship repairing services. The company was founded in 2004 and is headquartered in Jakarta Pusat, Indonesia.
Steadfast Marine PT (KPAL) - Net Assets
Latest net assets as of September 2020: Rp165.79 Billion IDR
Based on the latest financial reports, Steadfast Marine PT (KPAL) has net assets worth Rp165.79 Billion IDR as of September 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp763.46 Billion) and total liabilities (Rp597.67 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 | Rp165.79 Billion |
| % of Total Assets | 21.72% |
| Annual Growth Rate | 39.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.71 |
Steadfast Marine PT - Net Assets Trend (2015–2019)
This chart illustrates how Steadfast Marine PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Steadfast Marine PT (2015–2019)
The table below shows the annual net assets of Steadfast Marine PT from 2015 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | Rp191.67 Billion | +13.48% |
| 2018-12-31 | Rp168.91 Billion | +43.82% |
| 2017-12-31 | Rp117.44 Billion | +94.09% |
| 2016-12-31 | Rp60.51 Billion | +19.76% |
| 2015-12-31 | Rp50.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Steadfast Marine 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 437.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp49.02 Billion | 28.13% |
| Common Stock | Rp106.90 Billion | 61.36% |
| Other Comprehensive Income | Rp11.61 Billion | 6.66% |
| Other Components | Rp6.70 Billion | 3.85% |
| Total Equity | Rp174.22 Billion | 100.00% |
Steadfast Marine PT Competitors by Market Cap
The table below lists competitors of Steadfast Marine PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Food and Drinks Public Company Limited
BK:F&D
|
$1.80 Million |
|
Spanish Broadcasting System Inc
PINK:SBSAA
|
$1.80 Million |
|
PVW Resources Ltd
AU:PVW
|
$1.80 Million |
|
Chewathai Public Company Limited
BK:CHEWA
|
$1.80 Million |
|
Chuan Huat Resources Bhd
KLSE:7016
|
$1.80 Million |
|
Fountain Asset Corp
V:FA
|
$1.80 Million |
|
SPM Corp
VN:SPM
|
$1.80 Million |
|
Tellusgruppen AB
ST:TELLUS
|
$1.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Steadfast Marine PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 168,905,702,870 to 174,223,742,762, a change of 5,318,039,892 (3.1%).
- Net loss of 1,303,819,283 reduced equity.
- Other comprehensive income increased equity by 11,605,092,943.
- Other factors decreased equity by 4,983,233,768.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-1.30 Billion | -0.75% |
| Other Comprehensive Income | Rp11.61 Billion | +6.66% |
| Other Changes | Rp-4.98 Billion | -2.86% |
| Total Change | Rp- | 3.15% |
Book Value vs Market Value Analysis
This analysis compares Steadfast Marine 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: 0.30x
- 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 0.11x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Rp459.29 | Rp50.00 | x |
| 2016-12-31 | Rp550.06 | Rp50.00 | x |
| 2017-12-31 | Rp206.94 | Rp50.00 | x |
| 2018-12-31 | Rp170.21 | Rp50.00 | x |
| 2019-12-31 | Rp168.09 | Rp50.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Steadfast Marine 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): -0.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.92%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 4.34x
- Recent ROE (-0.75%) is below the historical average (12.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 38.86% | 4.81% | 0.77x | 10.51x | Rp14.58 Billion |
| 2016 | 14.34% | 3.17% | 0.44x | 10.26x | Rp2.63 Billion |
| 2017 | 8.50% | 2.06% | 0.73x | 5.67x | Rp-1.76 Billion |
| 2018 | 0.75% | 0.83% | 0.20x | 4.46x | Rp-15.63 Billion |
| 2019 | -0.75% | -0.92% | 0.19x | 4.34x | Rp-18.73 Billion |
Industry Comparison
This section compares Steadfast Marine PT's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $-257,901,303
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Steadfast Marine PT (KPAL) | Rp165.79 Billion | 38.86% | 3.60x | $1.80 Million |
| Garuda Maintenance Facility AeroAsia Tbk PT (GMFI) | $-257.90 Million | 0.00% | 0.00x | $8.40 Million |