Link Net Tbk

JK:LINK Indonesia Telecom Services
Market Cap
$332.38 Million
Rp5.41 Trillion IDR
Market Cap Rank
#24289 Global
#316 in Indonesia
Share Price
Rp1965.00
Change (1 day)
-3.20%
52-Week Range
Rp1405.00 - Rp4900.00
All Time High
Rp4900.00
Categories
Companies in Indonesia Telecom Services
About

PT Link Net Tbk distributes television programmes and high-speed internet services through its broadband communication network in Indonesia. The company offers broadband internet connections and cable TV for residential customers; and connectivity and integrated communications technology solutions, as well as sales of advertising time or slots, IT managed services, and sale of equipment for enter… Read more

Link Net Tbk (LINK) - Net Assets

Latest net assets as of December 2025: Rp3.55 Trillion IDR

Based on the latest financial reports, Link Net Tbk (LINK) has net assets worth Rp3.55 Trillion IDR as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp13.24 Trillion) and total liabilities (Rp9.69 Trillion). 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 Rp3.55 Trillion
% of Total Assets 26.81%
Annual Growth Rate 4.9%
5-Year Change -32.38%
10-Year Change -10.43%
Growth Volatility 14.07

Link Net Tbk - Net Assets Trend (2011–2025)

This chart illustrates how Link Net 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 Link Net Tbk (2011–2025)

The table below shows the annual net assets of Link Net Tbk from 2011 to 2025.

Year Net Assets Change
2025-12-31 Rp3.55 Trillion -29.08%
2024-12-31 Rp5.01 Trillion +15.97%
2023-12-31 Rp4.32 Trillion -13.12%
2022-12-31 Rp4.97 Trillion -5.36%
2021-12-31 Rp5.25 Trillion +13.56%
2020-12-31 Rp4.62 Trillion -0.72%
2019-12-31 Rp4.66 Trillion -1.99%
2018-12-31 Rp4.75 Trillion +5.02%
2017-12-31 Rp4.52 Trillion +14.16%
2016-12-31 Rp3.96 Trillion +8.06%
2015-12-31 Rp3.67 Trillion +20.84%
2014-12-31 Rp3.03 Trillion +20.56%
2013-12-31 Rp2.52 Trillion +16.71%
2012-12-31 Rp2.16 Trillion +18.65%
2011-12-31 Rp1.82 Trillion --

Equity Component Analysis

This analysis shows how different components contribute to Link Net 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 grown by 462.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Rp463.95 Billion 13.07%
Common Stock Rp286.32 Billion 8.07%
Other Comprehensive Income Rp600.00 Million 0.02%
Other Components Rp2.80 Trillion 78.85%
Total Equity Rp3.55 Trillion 100.00%

Link Net Tbk Competitors by Market Cap

The table below lists competitors of Link Net Tbk ranked by their market capitalization.

Company Market Cap
Jay Bharat Maruti Limited
NSE:JAYBARMARU
 		$25.98 Million
Daeho Al Co. Ltd.
KO:069460
 		$25.98 Million
Monalisa
KO:012690
 		$26.00 Million
Ares Strategic Mining Inc
PINK:ARSMF
 		$26.00 Million
LPP SA
PINK:LPPSY
 		$25.97 Million
Mondi Turkey Oluklui Mukavva Kagit ve Ambalaj Sanayi A.S.
IS:MNDTR
 		$25.97 Million
Hyunwoo Industrial Co. LTD
KQ:092300
 		$25.97 Million
Road King Infrastructure Limited
PINK:RKGXF
 		$25.97 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Link Net Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,005,197,000,000 to 3,549,580,000,000, a change of -1,455,617,000,000 (-29.1%).
  • Net loss of 1,448,949,000,000 reduced equity.
  • Share repurchases of 393,000,000 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rp-1.45 Trillion -40.82%
Share Repurchases Rp393.00 Million -0.01%
Other Changes Rp-6.28 Billion -0.18%
Total Change Rp- -29.08%

Book Value vs Market Value Analysis

This analysis compares Link Net 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: 1.52x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 2.77x to 1.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 Rp708.89 Rp1965.00 x
2013-12-31 Rp827.33 Rp1965.00 x
2014-12-31 Rp997.41 Rp1965.00 x
2015-12-31 Rp1205.26 Rp1965.00 x
2016-12-31 Rp1315.55 Rp1965.00 x
2017-12-31 Rp1529.56 Rp1965.00 x
2018-12-31 Rp1622.66 Rp1965.00 x
2019-12-31 Rp1617.80 Rp1965.00 x
2020-12-31 Rp1673.64 Rp1965.00 x
2021-12-31 Rp1907.75 Rp1965.00 x
2022-12-31 Rp1805.52 Rp1965.00 x
2023-12-31 Rp1568.59 Rp1965.00 x
2024-12-31 Rp1819.03 Rp1965.00 x
2025-12-31 Rp1290.00 Rp1965.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Link Net 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): -40.82%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -47.02%
  • • Asset Turnover: 0.23x
  • • Equity Multiplier: 3.73x
  • Recent ROE (-40.82%) is below the historical average (7.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 8.16% 25.47% 0.23x 1.37x Rp-33.36 Billion
2012 15.72% 26.07% 0.43x 1.40x Rp123.34 Billion
2013 14.39% 21.76% 0.52x 1.28x Rp110.44 Billion
2014 18.38% 26.11% 0.57x 1.23x Rp254.23 Billion
2015 17.44% 24.94% 0.58x 1.21x Rp272.81 Billion
2016 20.65% 27.71% 0.58x 1.28x Rp422.26 Billion
2017 22.26% 29.63% 0.59x 1.27x Rp554.86 Billion
2018 16.60% 21.16% 0.62x 1.27x Rp313.81 Billion
2019 19.21% 23.82% 0.56x 1.43x Rp428.89 Billion
2020 20.37% 23.26% 0.52x 1.69x Rp479.44 Billion
2021 16.87% 19.83% 0.46x 1.86x Rp360.38 Billion
2022 4.85% 5.51% 0.38x 2.34x Rp-256.09 Billion
2023 -12.35% -13.58% 0.31x 2.93x Rp-964.59 Billion
2024 -23.68% -47.02% 0.18x 2.78x Rp-1.69 Trillion
2025 -40.82% -47.02% 0.23x 3.73x Rp-1.80 Trillion

Industry Comparison

This section compares Link Net Tbk's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $3,722,985,080,140
  • Average return on equity (ROE) among peers: 14.59%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Link Net Tbk (LINK) Rp3.55 Trillion 8.16% 2.73x $25.98 Million
Bali Towerindo Sentra Tbk (BALI) $2.44 Trillion 8.68% 1.13x $123.29 Million
Centratama Telekomunikasi Ind (CENT) $60.55 Billion 14.20% 0.12x $15.42 Million
Pelita Teknologi Global (CHIP) $6.50 Billion 77.84% 4.39x $14.15 Million
Remala Abadi Tbk. (DATA) $91.58 Billion 28.54% 0.61x $2.21K
Indoritel Makmur Internasional (DNET) $12.84 Billion 5.41% 0.33x $1.17 Billion
XL Axiata Tbk PT (EXCL) $21.63 Trillion 1.73% 1.60x $855.71 Million
Smartfren Telecom Tbk (FREN) $12.74 Trillion -17.18% 1.17x $1.43 Million
Gihon Telekomunikasi Indonesia Tbk PT (GHON) $149.49 Billion 24.54% 1.83x $8.10 Million
Inti Bangun Sejahtera Tbk (IBST) $33.63 Billion 0.00% 7.14x $178.96K
PT Sinergi Inti Andalan Prima Tbk (INET) $65.20 Billion 2.11% 0.12x $58.63 Million