Krakatau Steel Persero Tbk
PT Krakatau Steel (Persero) Tbk, together with its subsidiaries, engages in the production and trading of iron and steel products in Indonesia and internationally. The company operates through four segments: Steel Products, Infrastructure Facility, Engineering and Construction, and Other Services. The Steel Products segment is primarily involved in production and sale of steel products, such as s… Read more
Krakatau Steel Persero Tbk (KRAS) - Net Assets
Latest net assets as of September 2025: Rp491.00 Million IDR
Based on the latest financial reports, Krakatau Steel Persero Tbk (KRAS) has net assets worth Rp491.00 Million IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.82 Billion) and total liabilities (Rp2.33 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 | Rp491.00 Million |
| % of Total Assets | 17.39% |
| Annual Growth Rate | -1.28% |
| 5-Year Change | -3.02% |
| 10-Year Change | -75.66% |
| Growth Volatility | 36.39 |
Krakatau Steel Persero Tbk - Net Assets Trend (2007–2024)
This chart illustrates how Krakatau Steel Persero 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 Krakatau Steel Persero Tbk (2007–2024)
The table below shows the annual net assets of Krakatau Steel Persero Tbk from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp435.18 Million | -12.40% |
| 2023-12-31 | Rp496.80 Million | -10.10% |
| 2022-12-31 | Rp552.59 Million | +5.84% |
| 2021-12-31 | Rp522.10 Million | +16.35% |
| 2020-12-31 | Rp448.72 Million | +26.04% |
| 2019-12-31 | Rp356.01 Million | -80.22% |
| 2018-12-31 | Rp1.80 Billion | -2.84% |
| 2017-12-31 | Rp1.85 Billion | +0.71% |
| 2016-12-31 | Rp1.84 Billion | +2.88% |
| 2015-12-31 | Rp1.79 Billion | +100.49% |
| 2014-12-31 | Rp891.87 Million | -15.23% |
| 2013-12-31 | Rp1.05 Billion | -5.73% |
| 2012-12-31 | Rp1.12 Billion | -2.38% |
| 2011-12-31 | Rp1.14 Billion | +10.56% |
| 2010-12-31 | Rp1.03 Billion | +66.68% |
| 2009-12-31 | Rp620.34 Million | +25.15% |
| 2008-12-31 | Rp495.68 Million | -8.52% |
| 2007-12-31 | Rp541.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Krakatau Steel Persero 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 1412.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp987.57 Million | 251.31% |
| Other Comprehensive Income | Rp1.56 Billion | 396.18% |
| Other Components | Rp321.85 Million | 81.90% |
| Total Equity | Rp392.96 Million | 100.00% |
Krakatau Steel Persero Tbk Competitors by Market Cap
The table below lists competitors of Krakatau Steel Persero Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OneSoft Solutions Inc
OTCQB:OSSIF
|
$72.80 Million |
|
Aifeex Nexus Acquisition Corporation
NASDAQ:AIFE
|
$72.80 Million |
|
Fabryki Mebli Forte S.A.
WAR:FTE
|
$72.84 Million |
|
Genohco Inc.
KQ:361390
|
$72.86 Million |
|
Elanders AB (publ)
ST:ELAN-B
|
$72.72 Million |
|
Osteonic Co. Ltd
KQ:226400
|
$72.72 Million |
|
Mercuries Data Systems Ltd
TW:2427
|
$72.68 Million |
|
Agro Tech Foods Limited
NSE:ATFL
|
$72.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Krakatau Steel Persero Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 527,828,000 to 392,964,000, a change of -134,864,000 (-25.6%).
- Net loss of 154,712,000 reduced equity.
- Other comprehensive income increased equity by 12,514,000.
- Other factors increased equity by 7,334,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-154.71 Million | -39.37% |
| Other Comprehensive Income | Rp12.51 Million | +3.18% |
| Other Changes | Rp7.33 Million | +1.87% |
| Total Change | Rp- | -25.55% |
Book Value vs Market Value Analysis
This analysis compares Krakatau Steel Persero 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: 32026.71x
- 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 increased from 7559.96x to 32026.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp0.04 | Rp306.00 | x |
| 2008-12-31 | Rp0.04 | Rp306.00 | x |
| 2009-12-31 | Rp0.05 | Rp306.00 | x |
| 2010-12-31 | Rp0.07 | Rp306.00 | x |
| 2011-12-31 | Rp0.07 | Rp306.00 | x |
| 2012-12-31 | Rp0.07 | Rp306.00 | x |
| 2013-12-31 | Rp0.06 | Rp306.00 | x |
| 2014-12-31 | Rp0.05 | Rp306.00 | x |
| 2015-12-31 | Rp0.10 | Rp306.00 | x |
| 2016-12-31 | Rp0.11 | Rp306.00 | x |
| 2017-12-31 | Rp0.10 | Rp306.00 | x |
| 2018-12-31 | Rp0.09 | Rp306.00 | x |
| 2019-12-31 | Rp0.02 | Rp306.00 | x |
| 2020-12-31 | Rp0.03 | Rp306.00 | x |
| 2021-12-31 | Rp0.02 | Rp306.00 | x |
| 2022-12-31 | Rp0.02 | Rp306.00 | x |
| 2023-12-31 | Rp0.03 | Rp306.00 | x |
| 2024-12-31 | Rp0.01 | Rp306.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Krakatau Steel Persero 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): -39.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.21%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 7.37x
- Recent ROE (-39.37%) is below the historical average (-10.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 6.18% | 2.11% | 1.33x | 2.19x | Rp-20.65 Million |
| 2008 | 8.45% | 2.23% | 1.34x | 2.83x | Rp-7.64 Million |
| 2009 | 8.52% | 2.92% | 1.32x | 2.20x | Rp-9.12 Million |
| 2010 | 11.43% | 7.15% | 0.84x | 1.89x | Rp14.62 Million |
| 2011 | 10.07% | 5.72% | 0.83x | 2.11x | Rp763.88K |
| 2012 | -1.86% | -0.89% | 0.89x | 2.34x | Rp-130.04 Million |
| 2013 | -1.36% | -0.67% | 0.88x | 2.31x | Rp-117.19 Million |
| 2014 | -17.05% | -8.02% | 0.72x | 2.96x | Rp-237.69 Million |
| 2015 | -17.97% | -24.21% | 0.36x | 2.08x | Rp-498.13 Million |
| 2016 | -9.32% | -12.77% | 0.34x | 2.14x | Rp-355.85 Million |
| 2017 | -4.40% | -5.64% | 0.35x | 2.21x | Rp-267.64 Million |
| 2018 | -4.14% | -4.30% | 0.40x | 2.38x | Rp-255.69 Million |
| 2019 | -126.80% | -35.58% | 0.43x | 8.25x | Rp-545.25 Million |
| 2020 | 4.80% | 1.75% | 0.39x | 7.07x | Rp-25.61 Million |
| 2021 | 11.08% | 2.91% | 0.57x | 6.66x | Rp6.15 Million |
| 2022 | 4.39% | 1.17% | 0.71x | 5.32x | Rp-33.34 Million |
| 2023 | -24.67% | -8.96% | 0.51x | 5.40x | Rp-182.99 Million |
| 2024 | -39.37% | -16.21% | 0.33x | 7.37x | Rp-194.01 Million |
Industry Comparison
This section compares Krakatau Steel Persero Tbk's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $520,825,709,624
- Average return on equity (ROE) among peers: 14.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Krakatau Steel Persero Tbk (KRAS) | Rp491.00 Million | 6.18% | 4.75x | $72.78 Million |
| Saranacentral Bajatama Tbk (BAJA) | $127.84 Billion | 43.12% | 4.95x | $3.59 Million |
| Betonjaya Manunggal Tbk (BTON) | $158.27 Billion | 7.18% | 0.16x | $1.70 Million |
| Gunawan Dianjaya Steel Tbk (GDST) | $173.21 Billion | 47.96% | 11.08x | $6.35 Million |
| Gunung Raja Paksi (GGRP) | $924.45 Million | 4.03% | 0.33x | $21.65 Million |
| Steel Pipe Industry Of Indonesia (ISSP) | $2.65 Trillion | 3.89% | 1.28x | $68.80 Million |
| Ladangbaja Murni PT Tbk (LABA) | $19.65 Billion | -17.07% | 1.17x | $3.71 Million |