Matahari Department Store Tbk
PT Matahari Department Store Tbk, together with its subsidiaries, engages in the retail business in Indonesia. The company offers clothes, accessories, bags, shoes, and cosmetics for women, men, and children under NEVADA, COLE, CONNEXION, Little M, Details, and Pipiniko brand names; as well as provides household appliances and management consulting services. It serves its products through physica… Read more
Matahari Department Store Tbk (LPPF) - Net Assets
Latest net assets as of September 2025: Rp181.69 Billion IDR
Based on the latest financial reports, Matahari Department Store Tbk (LPPF) has net assets worth Rp181.69 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp4.50 Trillion) and total liabilities (Rp4.32 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 | Rp181.69 Billion |
| % of Total Assets | 4.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | -43.94% |
| 10-Year Change | -70.55% |
| Growth Volatility | 280.07 |
Matahari Department Store Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Matahari Department Store 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 Matahari Department Store Tbk (2000–2024)
The table below shows the annual net assets of Matahari Department Store Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp325.79 Billion | +959.88% |
| 2023-12-31 | Rp30.74 Billion | -94.70% |
| 2022-12-31 | Rp580.16 Billion | -42.33% |
| 2021-12-31 | Rp1.01 Trillion | +73.11% |
| 2020-12-31 | Rp581.12 Billion | -66.73% |
| 2019-12-31 | Rp1.75 Trillion | -3.81% |
| 2018-12-31 | Rp1.82 Trillion | -22.00% |
| 2017-12-31 | Rp2.33 Trillion | +25.48% |
| 2016-12-31 | Rp1.86 Trillion | +67.72% |
| 2015-12-31 | Rp1.11 Trillion | +522.88% |
| 2014-12-31 | Rp177.59 Billion | +122.73% |
| 2013-12-31 | Rp-781.37 Billion | +59.55% |
| 2012-12-31 | Rp-1.93 Trillion | +28.53% |
| 2011-12-31 | Rp-2.70 Trillion | -351.56% |
| 2010-12-31 | Rp1.07 Trillion | +349.71% |
| 2009-12-31 | Rp238.88 Billion | +447.87% |
| 2008-12-31 | Rp43.60 Billion | +8.73% |
| 2007-12-31 | Rp40.10 Billion | +86.29% |
| 2006-12-31 | Rp21.53 Billion | -9.92% |
| 2005-12-31 | Rp23.90 Billion | -7.95% |
| 2004-12-31 | Rp25.96 Billion | +338.62% |
| 2003-12-31 | Rp5.92 Billion | -42.21% |
| 2002-12-31 | Rp10.24 Billion | -89.76% |
| 2001-12-31 | Rp100.02 Billion | +164.40% |
| 2000-12-31 | Rp-155.30 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Matahari Department Store 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 379367800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp3.79 Trillion | 1164.47% |
| Common Stock | Rp243.77 Billion | 74.83% |
| Other Comprehensive Income | Rp-80.18 Billion | -24.61% |
| Total Equity | Rp325.79 Billion | 100.00% |
Matahari Department Store Tbk Competitors by Market Cap
The table below lists competitors of Matahari Department Store Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meter Instruments Co. Ltd
SHE:301006
|
$120.31 Million |
|
Shanghai Kaytune Industrial Co.Ltd
SHE:301001
|
$120.34 Million |
|
Celon Pharma SA
WAR:CLN
|
$120.35 Million |
|
JWD INFOLOGISTICS
BK:SJWD-R
|
$120.36 Million |
|
La Française de l'Energie S.A.
PA:FDE
|
$120.17 Million |
|
FRANCAISE LENERGIE EO 1
F:LFX
|
$120.17 Million |
|
Bursa Cimento Fabrikasi AS
IS:BUCIM
|
$120.16 Million |
|
Anhui Yuanchen Environmental Protection Science & Technology Co. Ltd.
SHG:688659
|
$120.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Matahari Department Store Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,738,000,000 to 325,786,000,000, a change of 295,048,000,000 (959.9%).
- Net income of 827,653,000,000 contributed positively to equity growth.
- Dividend payments of 451,859,000,000 reduced retained earnings.
- Share repurchases of 1,517,000,000 reduced equity.
- Other comprehensive income decreased equity by 120,120,000,000.
- Other factors increased equity by 40,891,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp827.65 Billion | +254.05% |
| Dividends Paid | Rp451.86 Billion | -138.7% |
| Share Repurchases | Rp1.52 Billion | -0.47% |
| Other Comprehensive Income | Rp-120.12 Billion | -36.87% |
| Other Changes | Rp40.89 Billion | +12.55% |
| Total Change | Rp- | 959.88% |
Book Value vs Market Value Analysis
This analysis compares Matahari Department Store 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: 12.83x
- 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 decreased from 30.53x to 12.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp60.60 | Rp1850.00 | x |
| 2006-12-31 | Rp54.59 | Rp1850.00 | x |
| 2007-12-31 | Rp101.69 | Rp1850.00 | x |
| 2008-12-31 | Rp164.53 | Rp1850.00 | x |
| 2009-12-31 | Rp150.05 | Rp1850.00 | x |
| 2010-12-31 | Rp368.27 | Rp1850.00 | x |
| 2011-12-31 | Rp-926.44 | Rp1850.00 | x |
| 2012-12-31 | Rp-662.16 | Rp1850.00 | x |
| 2013-12-31 | Rp-267.87 | Rp1850.00 | x |
| 2014-12-31 | Rp60.88 | Rp1850.00 | x |
| 2015-12-31 | Rp379.21 | Rp1850.00 | x |
| 2016-12-31 | Rp636.01 | Rp1850.00 | x |
| 2017-12-31 | Rp798.08 | Rp1850.00 | x |
| 2018-12-31 | Rp624.85 | Rp1850.00 | x |
| 2019-12-31 | Rp628.28 | Rp1850.00 | x |
| 2020-12-31 | Rp220.96 | Rp1850.00 | x |
| 2021-12-31 | Rp386.47 | Rp1850.00 | x |
| 2022-12-31 | Rp220.59 | Rp1850.00 | x |
| 2023-12-31 | Rp13.56 | Rp1850.00 | x |
| 2024-12-31 | Rp144.22 | Rp1850.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Matahari Department Store 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): 254.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.93%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 15.78x
- Recent ROE (254.05%) is above the historical average (185.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 23.96% | 0.00% | 0.00x | 1.76x | Rp13.87 Billion |
| 2004 | 69.26% | 55.83% | 0.49x | 2.52x | Rp15.38 Billion |
| 2005 | -8.64% | -19.66% | 0.18x | 2.44x | Rp-4.45 Billion |
| 2006 | -11.02% | -20.59% | 0.22x | 2.39x | Rp-4.52 Billion |
| 2007 | 46.32% | 154.98% | 0.20x | 1.51x | Rp14.56 Billion |
| 2008 | -8.50% | -32.49% | 0.19x | 1.36x | Rp-8.06 Billion |
| 2009 | -7.67% | -5.00% | 0.24x | 6.38x | Rp-42.20 Billion |
| 2010 | 58.14% | 15.26% | 0.76x | 5.04x | Rp517.11 Billion |
| 2011 | 0.00% | 9.91% | 1.94x | 0.00x | Rp735.89 Billion |
| 2012 | 0.00% | 13.72% | 1.92x | 0.00x | Rp964.03 Billion |
| 2013 | 0.00% | 17.03% | 2.30x | 0.00x | Rp1.23 Trillion |
| 2014 | 799.10% | 17.91% | 2.33x | 19.19x | Rp1.40 Trillion |
| 2015 | 160.99% | 19.77% | 2.32x | 3.52x | Rp1.67 Trillion |
| 2016 | 108.86% | 20.41% | 2.04x | 2.62x | Rp1.83 Trillion |
| 2017 | 81.92% | 19.03% | 1.85x | 2.33x | Rp1.67 Trillion |
| 2018 | 60.43% | 10.71% | 2.03x | 2.77x | Rp915.75 Billion |
| 2019 | 78.26% | 13.30% | 2.13x | 2.77x | Rp1.19 Trillion |
| 2020 | -150.26% | -18.04% | 0.77x | 10.87x | Rp-931.29 Billion |
| 2021 | 90.74% | 16.34% | 0.95x | 5.82x | Rp812.26 Billion |
| 2022 | 238.42% | 21.43% | 1.12x | 9.91x | Rp1.33 Trillion |
| 2023 | 2197.15% | 10.33% | 1.11x | 191.31x | Rp672.29 Billion |
| 2024 | 254.05% | 12.93% | 1.24x | 15.78x | Rp795.07 Billion |
Industry Comparison
This section compares Matahari Department Store Tbk's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $2,503,337,619,968
- Average return on equity (ROE) among peers: -20.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Matahari Department Store Tbk (LPPF) | Rp181.69 Billion | 23.96% | 23.79x | $120.20 Million |
| PT DFI Retail Nusantara Tbk (HERO) | $1.42 Trillion | 19.24% | 1.62x | $5.39 Million |
| Mitra Adiperkasa Tbk (MAPI) | $1.47 Trillion | 13.69% | 1.50x | $569.96 Million |
| PT Daya Intiguna Yasa Tbk (MDIY) | $3.09 Trillion | 34.79% | 1.05x | $248.15 Million |
| Multipolar Tbk (MLPL) | $8.50 Trillion | 33.30% | 0.65x | $6.59 Million |
| Matahari Putra Prima Tbk (MPPA) | $166.02 Billion | -258.79% | 21.80x | $14.28 Million |
| Ramayana Lestari Sentosa Tbk (RALS) | $2.84 Trillion | 13.29% | 0.32x | $48.16 Million |
| Damai Sejahtera Abadi Tbk PT (UFOE) | $37.38 Billion | 4.01% | 4.83x | $3.59 Million |