Ace Oldfields PT
PT Ace Oldfields Tbk manufactures and sells painting equipment and accessories in Indonesia and internationally. The company offers paint brushes, specialty brushes, rollers, mini rollers, painting accessories, and paint trays, as well as wire brush under the ACE OLDFIELDS and PRIMA brand. It sells its products through hardware stores, paint stores, and Modern Trade Outlets. The company also expo… Read more
Ace Oldfields PT (KUAS) - Net Assets
Latest net assets as of June 2025: Rp164.40 Billion IDR
Based on the latest financial reports, Ace Oldfields PT (KUAS) has net assets worth Rp164.40 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp290.57 Billion) and total liabilities (Rp126.17 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 | Rp164.40 Billion |
| % of Total Assets | 56.58% |
| Annual Growth Rate | 25.18% |
| 5-Year Change | 219.07% |
| 10-Year Change | N/A |
| Growth Volatility | 62.38 |
Ace Oldfields PT - Net Assets Trend (2018–2024)
This chart illustrates how Ace Oldfields 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 Ace Oldfields PT (2018–2024)
The table below shows the annual net assets of Ace Oldfields PT from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp162.88 Billion | +4.10% |
| 2023-12-31 | Rp156.45 Billion | +4.90% |
| 2022-12-31 | Rp149.15 Billion | +6.53% |
| 2021-12-31 | Rp140.01 Billion | +174.28% |
| 2020-12-31 | Rp51.05 Billion | +12.35% |
| 2019-12-31 | Rp45.44 Billion | +7.36% |
| 2018-12-31 | Rp42.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ace Oldfields 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 7.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp28.82 Billion | 17.69% |
| Common Stock | Rp64.64 Billion | 39.69% |
| Other Comprehensive Income | Rp13.73 Billion | 8.43% |
| Other Components | Rp55.69 Billion | 34.19% |
| Total Equity | Rp162.88 Billion | 100.00% |
Ace Oldfields PT Competitors by Market Cap
The table below lists competitors of Ace Oldfields PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pursuit Minerals Ltd
AU:PUR
|
$4.25 Million |
|
Cardiex Ltd
AU:CDX
|
$4.25 Million |
|
Oronova Energy Inc
V:ONV-H
|
$4.25 Million |
|
Indo Acidatama Tbk
JK:SRSN
|
$4.25 Million |
|
Praxis Home Retail Limited
NSE:PRAXIS
|
$4.24 Million |
|
Anghami De Inc
NASDAQ:ANGH
|
$4.24 Million |
|
Hartshead Resources NL
PINK:PGNYF
|
$4.24 Million |
|
T.C.J. Asia Public Company Limited
BK:TCJ
|
$4.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ace Oldfields PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 156,454,878,000 to 162,876,417,000, a change of 6,421,539,000 (4.1%).
- Net income of 11,300,748,000 contributed positively to equity growth.
- Dividend payments of 3,232,020,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,492,024,000.
- Other factors decreased equity by 3,139,213,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp11.30 Billion | +6.94% |
| Dividends Paid | Rp3.23 Billion | -1.98% |
| Other Comprehensive Income | Rp1.49 Billion | +0.92% |
| Other Changes | Rp-3.14 Billion | -1.93% |
| Total Change | Rp- | 4.10% |
Book Value vs Market Value Analysis
This analysis compares Ace Oldfields 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: 0.90x
- 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 decreased from 3.80x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Rp29.75 | Rp113.00 | x |
| 2019-12-31 | Rp31.94 | Rp113.00 | x |
| 2020-12-31 | Rp35.88 | Rp113.00 | x |
| 2021-12-31 | Rp123.90 | Rp113.00 | x |
| 2022-12-31 | Rp115.37 | Rp113.00 | x |
| 2023-12-31 | Rp121.02 | Rp113.00 | x |
| 2024-12-31 | Rp125.99 | Rp113.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ace Oldfields 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): 6.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.12%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.71x
- Recent ROE (6.94%) is below the historical average (6.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 6.71% | 2.08% | 0.67x | 4.81x | Rp-1.39 Billion |
| 2019 | 7.91% | 2.76% | 0.65x | 4.40x | Rp-951.75 Million |
| 2020 | 11.27% | 4.39% | 0.63x | 4.04x | Rp646.01 Million |
| 2021 | 4.41% | 4.43% | 0.53x | 1.87x | Rp-7.82 Billion |
| 2022 | 5.27% | 5.11% | 0.57x | 1.81x | Rp-7.05 Billion |
| 2023 | 6.08% | 5.88% | 0.61x | 1.69x | Rp-6.14 Billion |
| 2024 | 6.94% | 6.12% | 0.66x | 1.71x | Rp-4.99 Billion |
Industry Comparison
This section compares Ace Oldfields PT's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $878,072,329,941
- Average return on equity (ROE) among peers: -10.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ace Oldfields PT (KUAS) | Rp164.40 Billion | 6.71% | 0.77x | $4.25 Million |
| Arwana Citramulia Tbk (ARNA) | $1.03 Trillion | 11.74% | 0.56x | $102.24 Million |
| Cahayaputra Asa Keramik Tbk PT (CAKK) | $-40.53 Billion | 0.00% | 0.00x | $1.33 Million |
| Intikeramik Alamasri Industri (IKAI) | $69.03 Billion | -156.16% | 4.65x | $13.85 Million |
| Impack Pratama Industri Tbk (IMPC) | $2.49 Trillion | 17.31% | 0.45x | $1.14 Billion |
| Keramika Indonesia Assosiasi (KIAS) | $1.52 Trillion | -15.80% | 0.22x | $176.71K |
| Kokoh Inti Arebama Tbk (KOIN) | $118.80 Billion | 4.98% | 3.50x | $486.34K |
| PT Mulia Industrindo Tbk (MLIA) | $2.53 Trillion | 5.00% | 1.27x | $39.15 Million |
| Multi Makmur Lemindo (PIPA) | $146.68 Billion | 0.21% | 0.19x | $12.01 Million |
| Surya Toto Indonesia Tbk (TOTO) | $38.62 Billion | 39.98% | 12.61x | $13.49 Million |