PT Mandiri Herindo Adiperkasa Tbk (MAHA) - Net Assets
Based on the latest financial reports, PT Mandiri Herindo Adiperkasa Tbk (MAHA) has net assets worth Rp1.68 Trillion IDR (≈ $98.22 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.48 Trillion ≈ $145.31 Million USD) and total liabilities (Rp803.74 Billion ≈ $47.10 Million 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. Read MAHA liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp1.68 Trillion |
| % of Total Assets | 67.59% |
| Annual Growth Rate | 38.91% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.93 |
PT Mandiri Herindo Adiperkasa Tbk - Net Assets Trend (2020–2024)
This chart illustrates how PT Mandiri Herindo Adiperkasa Tbk's net assets have evolved over time, based on quarterly financial data. Also explore PT Mandiri Herindo Adiperkasa Tbk assets under control for the complete picture of this company's asset base.
Annual Net Assets for PT Mandiri Herindo Adiperkasa Tbk (2020–2024)
The table below shows the annual net assets of PT Mandiri Herindo Adiperkasa Tbk from 2020 to 2024. For live valuation and market cap data, see market cap of PT Mandiri Herindo Adiperkasa Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.88 Trillion ≈ $109.88 Million |
+3.74% |
| 2023-12-31 | Rp1.81 Trillion ≈ $105.91 Million |
+58.97% |
| 2022-12-31 | Rp1.14 Trillion ≈ $66.62 Million |
+54.72% |
| 2021-12-31 | Rp734.91 Billion ≈ $43.06 Million |
+45.92% |
| 2020-12-31 | Rp503.64 Billion ≈ $29.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PT Mandiri Herindo Adiperkasa 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 28.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp657.54 Billion | 35.30% |
| Common Stock | Rp999.96 Billion | 53.68% |
| Other Components | Rp205.30 Billion | 11.02% |
| Total Equity | Rp1.86 Trillion | 100.00% |
PT Mandiri Herindo Adiperkasa Tbk Competitors by Market Cap
The table below lists competitors of PT Mandiri Herindo Adiperkasa Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lima Dua Lima Tiga PT
JK:LUCY
|
$145.12 Million |
|
Fwusow Industry Co Ltd
TW:1219
|
$145.14 Million |
|
PRECIA SA EO -50
F:P1E0
|
$145.26 Million |
|
Wam Strategic Value Ltd
AU:WAR
|
$145.29 Million |
|
NevGold Corp
V:NAU
|
$144.97 Million |
|
Heran Co Ltd
TW:5283
|
$144.89 Million |
|
Domo Inc
NASDAQ:DOMO
|
$144.89 Million |
|
NCC AB (publ)
ST:NCC-A
|
$144.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Mandiri Herindo Adiperkasa Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,791,275,547,384 to 1,862,798,039,000, a change of 71,522,491,616 (4.0%).
- Net income of 296,717,067,000 contributed positively to equity growth.
- Dividend payments of 199,992,000,000 reduced retained earnings.
- Share repurchases of 25,520,098,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp296.72 Billion | +15.93% |
| Dividends Paid | Rp199.99 Billion | -10.74% |
| Share Repurchases | Rp25.52 Billion | -1.37% |
| Other Changes | Rp317.52 Million | +0.02% |
| Total Change | Rp- | 3.99% |
Book Value vs Market Value Analysis
This analysis compares PT Mandiri Herindo Adiperkasa 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: 1.35x
- 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 5.00x to 1.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Rp30.22 | Rp151.00 | x |
| 2021-12-31 | Rp44.10 | Rp151.00 | x |
| 2022-12-31 | Rp68.22 | Rp151.00 | x |
| 2023-12-31 | Rp125.83 | Rp151.00 | x |
| 2024-12-31 | Rp111.85 | Rp151.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Mandiri Herindo Adiperkasa 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): 15.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.66%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.45x
- Recent ROE (15.93%) is below the historical average (28.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 26.96% | 13.61% | 1.27x | 1.56x | Rp85.42 Billion |
| 2021 | 42.42% | 23.63% | 1.23x | 1.46x | Rp238.29 Billion |
| 2022 | 44.12% | 30.55% | 1.02x | 1.41x | Rp387.92 Billion |
| 2023 | 14.96% | 13.55% | 0.77x | 1.43x | Rp88.82 Billion |
| 2024 | 15.93% | 11.66% | 0.94x | 1.45x | Rp110.44 Billion |
Industry Comparison
This section compares PT Mandiri Herindo Adiperkasa Tbk's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $117,707,642,164
- Average return on equity (ROE) among peers: 16.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Mandiri Herindo Adiperkasa Tbk (MAHA) | Rp1.68 Trillion | 26.96% | 0.48x | $145.06 Million |
| Maming Enam Sembilan Mineral Tbk PT (AKSI) | $82.96 Billion | 15.79% | 0.39x | $14.01 Million |
| Indah Prakasa Sentosa PT Tbk (INPS) | $131.01 Billion | -7.84% | 2.60x | $25.14 Million |
| Armada Berjaya Trans Tbk PT (JAYA) | $-2.60 Billion | 0.00% | 0.00x | $6.32 Million |
| Putra Rajawali Kencana PT (PURA) | $441.29 Billion | 1.86% | 0.09x | $11.82 Million |
| Sidomulyo Selaras Tbk (SDMU) | $36.55 Billion | 88.55% | 3.07x | $16.62 Million |
| Guna Timur Raya PT (TRUK) | $17.04 Billion | 3.35% | 0.63x | $316.73 |
About PT Mandiri Herindo Adiperkasa Tbk
PT Mandiri Herindo Adiperkasa Tbk provides mineral and coal transportation services in Indonesia. Its fleet consists of single and double trailers, and dump trucks. The company also offers mining support for coal hauling. PT Mandiri Herindo Adiperkasa Tbk was founded in 1994 and is headquartered in Jakarta, Indonesia.