Krakatau Steel Persero Tbk (KRAS) - Net Assets
Based on the latest financial reports, Krakatau Steel Persero Tbk (KRAS) has net assets worth Rp745.67 Million IDR (≈ $43.69K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.91 Billion ≈ $170.54K USD) and total liabilities (Rp2.16 Billion ≈ $126.84K 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 how tangible is Krakatau Steel Persero Tbk's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp745.67 Million |
| % of Total Assets | 25.62% |
| Annual Growth Rate | 1.64% |
| 5-Year Change | 39.03% |
| 10-Year Change | -60.54% |
| Growth Volatility | 37.93 |
Krakatau Steel Persero Tbk - Net Assets Trend (2007–2025)
This chart illustrates how Krakatau Steel Persero Tbk's net assets have evolved over time, based on quarterly financial data. See KRAS cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Krakatau Steel Persero Tbk (2007–2025)
The table below shows the annual net assets of Krakatau Steel Persero Tbk from 2007 to 2025. For live valuation and market cap data, see Krakatau Steel Persero Tbk stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp725.87 Million ≈ $42.53K |
+66.80% |
| 2024-12-31 | Rp435.18 Million ≈ $25.50K |
-12.40% |
| 2023-12-31 | Rp496.80 Million ≈ $29.11K |
-10.10% |
| 2022-12-31 | Rp552.59 Million ≈ $32.38K |
+5.84% |
| 2021-12-31 | Rp522.10 Million ≈ $30.59K |
+16.35% |
| 2020-12-31 | Rp448.72 Million ≈ $26.29K |
+26.04% |
| 2019-12-31 | Rp356.01 Million ≈ $20.86K |
-80.22% |
| 2018-12-31 | Rp1.80 Billion ≈ $105.49K |
-2.84% |
| 2017-12-31 | Rp1.85 Billion ≈ $108.57K |
+0.71% |
| 2016-12-31 | Rp1.84 Billion ≈ $107.80K |
+2.88% |
| 2015-12-31 | Rp1.79 Billion ≈ $104.78K |
+100.49% |
| 2014-12-31 | Rp891.87 Million ≈ $52.26K |
-15.23% |
| 2013-12-31 | Rp1.05 Billion ≈ $61.65K |
-5.73% |
| 2012-12-31 | Rp1.12 Billion ≈ $65.39K |
-2.38% |
| 2011-12-31 | Rp1.14 Billion ≈ $66.99K |
+10.56% |
| 2010-12-31 | Rp1.03 Billion ≈ $60.59K |
+66.68% |
| 2009-12-31 | Rp620.34 Million ≈ $36.35K |
+25.15% |
| 2008-12-31 | Rp495.68 Million ≈ $29.04K |
-8.52% |
| 2007-12-31 | Rp541.82 Million ≈ $31.75K |
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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 1245.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp988.07 Million | 146.54% |
| Other Comprehensive Income | Rp1.67 Billion | 247.60% |
| Other Components | Rp175.11 Million | 25.97% |
| Total Equity | Rp674.27 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 |
|---|---|
|
Grupo Clarin S.A.
BA:GCLA
|
$235.86 Million |
|
Hyundai Cement
KO:006390
|
$235.90 Million |
|
Liaoning Kelong Fine ChemicalInc
SHE:300405
|
$235.94 Million |
|
Pizza Pizza Royalty Corp.
TO:PZA
|
$235.96 Million |
|
Bank Net Indonesia Syariah Tbk PT
JK:BANK
|
$235.78 Million |
|
SiS Distribution (Thailand) Public Company Limited
BK:SIS
|
$235.77 Million |
|
Limoneira Co
NASDAQ:LMNR
|
$235.75 Million |
|
Union Insurance Co Ltd
TW:2816
|
$235.65 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 2024 to 2025, total equity changed from 392,964,000 to 674,265,964, a change of 281,301,964 (71.6%).
- Net income of 321,464,974 contributed positively to equity growth.
- Other comprehensive income increased equity by 112,679,336.
- Other factors decreased equity by 152,842,346.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp321.46 Million | +47.68% |
| Other Comprehensive Income | Rp112.68 Million | +16.71% |
| Other Changes | Rp-152.84 Million | -22.67% |
| Total Change | Rp- | 71.58% |
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: 5968.05x
- 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 5138.80x to 5968.05x 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 | Rp208.00 | x |
| 2008-12-31 | Rp0.04 | Rp208.00 | x |
| 2009-12-31 | Rp0.05 | Rp208.00 | x |
| 2010-12-31 | Rp0.07 | Rp208.00 | x |
| 2011-12-31 | Rp0.07 | Rp208.00 | x |
| 2012-12-31 | Rp0.07 | Rp208.00 | x |
| 2013-12-31 | Rp0.06 | Rp208.00 | x |
| 2014-12-31 | Rp0.05 | Rp208.00 | x |
| 2015-12-31 | Rp0.10 | Rp208.00 | x |
| 2016-12-31 | Rp0.11 | Rp208.00 | x |
| 2017-12-31 | Rp0.10 | Rp208.00 | x |
| 2018-12-31 | Rp0.09 | Rp208.00 | x |
| 2019-12-31 | Rp0.02 | Rp208.00 | x |
| 2020-12-31 | Rp0.03 | Rp208.00 | x |
| 2021-12-31 | Rp0.02 | Rp208.00 | x |
| 2022-12-31 | Rp0.02 | Rp208.00 | x |
| 2023-12-31 | Rp0.03 | Rp208.00 | x |
| 2024-12-31 | Rp0.01 | Rp208.00 | x |
| 2025-12-31 | Rp0.03 | Rp208.00 | 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): 47.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.91%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 4.10x
- Recent ROE (47.68%) is above the historical average (-7.07%), indicating improving 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 |
| 2025 | 47.68% | 33.91% | 0.34x | 4.10x | Rp254.04 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: $988,113,202,411
- Average return on equity (ROE) among peers: 1.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Krakatau Steel Persero Tbk (KRAS) | Rp745.67 Million | 6.18% | 2.90x | $235.79 Million |
| Saranacentral Bajatama Tbk (BAJA) | $161.63 Billion | -5.78% | 4.87x | $16.77 Million |
| Betonjaya Manunggal Tbk (BTON) | $257.24 Billion | 6.81% | 0.41x | $15.10 Million |
| Gunawan Dianjaya Steel Tbk (GDST) | $832.12 Billion | 3.81% | 0.51x | $43.87 Million |
| Gunung Raja Paksi (GGRP) | $690.18 Million | -1.30% | 0.50x | $211.48 Million |
| Steel Pipe Industry Of Indonesia (ISSP) | $4.62 Trillion | 10.78% | 0.73x | $158.66 Million |
| Ladangbaja Murni PT Tbk (LABA) | $58.65 Billion | -7.75% | 0.13x | $6.01 Million |
About 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