Malindo Feedmill Tbk
PT Malindo Feedmill Tbk, together with its subsidiaries, engages in the production of animal feed in Indonesia. The company operates through Feedmill, Breeder, Broiler, and Food and Poultry Processing segments. It also involved in the parent stock and day old chicken farm; broiler chicken farm; processing and preserving of meat; providing of food and beverages; and duck farm and slaughterhouse wi… Read more
Malindo Feedmill Tbk (MAIN) - Net Assets
Latest net assets as of September 2025: Rp2.62 Trillion IDR
Based on the latest financial reports, Malindo Feedmill Tbk (MAIN) has net assets worth Rp2.62 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp5.26 Trillion) and total liabilities (Rp2.64 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 | Rp2.62 Trillion |
| % of Total Assets | 49.77% |
| Annual Growth Rate | 22.65% |
| 5-Year Change | 32.68% |
| 10-Year Change | 69.98% |
| Growth Volatility | 53.94 |
Malindo Feedmill Tbk - Net Assets Trend (2004–2024)
This chart illustrates how Malindo Feedmill 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 Malindo Feedmill Tbk (2004–2024)
The table below shows the annual net assets of Malindo Feedmill Tbk from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.63 Trillion | +22.99% |
| 2023-12-31 | Rp2.14 Trillion | +3.14% |
| 2022-12-31 | Rp2.08 Trillion | +1.32% |
| 2021-12-31 | Rp2.05 Trillion | +3.23% |
| 2020-12-31 | Rp1.98 Trillion | -2.20% |
| 2019-12-31 | Rp2.03 Trillion | +6.96% |
| 2018-12-31 | Rp1.90 Trillion | +11.49% |
| 2017-12-31 | Rp1.70 Trillion | -7.42% |
| 2016-12-31 | Rp1.84 Trillion | +18.66% |
| 2015-12-31 | Rp1.55 Trillion | +43.67% |
| 2014-12-31 | Rp1.08 Trillion | +24.97% |
| 2013-12-31 | Rp862.48 Billion | +26.49% |
| 2012-12-31 | Rp681.87 Billion | +61.65% |
| 2011-12-31 | Rp421.82 Billion | +64.88% |
| 2010-12-31 | Rp255.84 Billion | +115.63% |
| 2009-12-31 | Rp118.65 Billion | +166.33% |
| 2008-12-31 | Rp44.55 Billion | -76.60% |
| 2007-12-31 | Rp190.40 Billion | +10.41% |
| 2006-12-31 | Rp172.44 Billion | +63.11% |
| 2005-12-31 | Rp105.72 Billion | +138.20% |
| 2004-12-31 | Rp44.38 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Malindo Feedmill 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 5971.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.81 Trillion | 68.53% |
| Common Stock | Rp44.77 Billion | 1.70% |
| Other Comprehensive Income | Rp16.60 Billion | 0.63% |
| Other Components | Rp767.86 Billion | 29.14% |
| Total Equity | Rp2.63 Trillion | 100.00% |
Malindo Feedmill Tbk Competitors by Market Cap
The table below lists competitors of Malindo Feedmill Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iodm Ltd
AU:IOD
|
$46.15 Million |
|
Beyond Securities PCL
BK:BYD
|
$46.15 Million |
|
Syntec Optics Holdings Inc.
NASDAQ:OPTX
|
$46.15 Million |
|
Sajodaerim
KO:003960
|
$46.15 Million |
|
Marblegate Acquisition Corp
NASDAQ:GATE
|
$46.10 Million |
|
Midsona AB Series B
LSE:0GSE
|
$46.08 Million |
|
Dynamic Cables Limited
NSE:DYCL
|
$46.07 Million |
|
BioSmart Co.Ltd
KQ:038460
|
$46.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Malindo Feedmill Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,142,693,927,000 to 2,634,786,614,000, a change of 492,092,687,000 (23.0%).
- Net income of 488,029,417,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp488.03 Billion | +18.52% |
| Other Changes | Rp4.06 Billion | +0.15% |
| Total Change | Rp- | 22.97% |
Book Value vs Market Value Analysis
This analysis compares Malindo Feedmill 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: 0.71x
- 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 5.52x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | Rp152.24 | Rp840.00 | x |
| 2011-12-31 | Rp250.34 | Rp840.00 | x |
| 2012-12-31 | Rp403.95 | Rp840.00 | x |
| 2013-12-31 | Rp510.28 | Rp840.00 | x |
| 2014-12-31 | Rp612.77 | Rp840.00 | x |
| 2015-12-31 | Rp830.97 | Rp840.00 | x |
| 2016-12-31 | Rp821.44 | Rp840.00 | x |
| 2017-12-31 | Rp760.63 | Rp840.00 | x |
| 2018-12-31 | Rp847.96 | Rp840.00 | x |
| 2019-12-31 | Rp906.94 | Rp840.00 | x |
| 2020-12-31 | Rp887.07 | Rp840.00 | x |
| 2021-12-31 | Rp915.72 | Rp840.00 | x |
| 2022-12-31 | Rp927.90 | Rp840.00 | x |
| 2023-12-31 | Rp957.09 | Rp840.00 | x |
| 2024-12-31 | Rp1176.90 | Rp840.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Malindo Feedmill 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): 18.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.90%
- • Asset Turnover: 2.32x
- • Equity Multiplier: 2.04x
- Recent ROE (18.52%) is above the historical average (16.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 69.72% | 8.83% | 2.11x | 3.74x | Rp154.10 Billion |
| 2011 | 48.30% | 7.78% | 1.98x | 3.13x | Rp162.53 Billion |
| 2012 | 44.22% | 9.04% | 1.86x | 2.63x | Rp234.29 Billion |
| 2013 | 27.89% | 5.75% | 1.89x | 2.56x | Rp154.75 Billion |
| 2014 | -7.83% | -1.88% | 1.27x | 3.27x | Rp-192.62 Billion |
| 2015 | -4.05% | -1.32% | 1.21x | 2.56x | Rp-217.88 Billion |
| 2016 | 15.76% | 5.52% | 1.34x | 2.13x | Rp105.89 Billion |
| 2017 | 2.87% | 0.90% | 1.34x | 2.39x | Rp-121.40 Billion |
| 2018 | 15.00% | 4.25% | 1.55x | 2.28x | Rp94.96 Billion |
| 2019 | 7.51% | 2.05% | 1.60x | 2.29x | Rp-50.55 Billion |
| 2020 | -1.96% | -0.56% | 1.50x | 2.35x | Rp-237.55 Billion |
| 2021 | 2.95% | 0.66% | 1.68x | 2.65x | Rp-144.63 Billion |
| 2022 | 1.26% | 0.24% | 1.93x | 2.77x | Rp-181.49 Billion |
| 2023 | 2.96% | 0.53% | 2.19x | 2.57x | Rp-150.90 Billion |
| 2024 | 18.52% | 3.90% | 2.32x | 2.04x | Rp224.55 Billion |
Industry Comparison
This section compares Malindo Feedmill Tbk's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $631,799,965,479
- Average return on equity (ROE) among peers: 6.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Malindo Feedmill Tbk (MAIN) | Rp2.62 Trillion | 69.72% | 1.01x | $46.12 Million |
| FKS Food Sejahtera Tbk PT (AISA) | $95.16 Billion | 0.04% | 2.76x | $17.28 Million |
| Estika Tata Tiara Tbk PT (BEEF) | $-266.29 Billion | 0.00% | 0.00x | $24.58 Million |
| Formosa Ingredient Factory PT Tbk (BOBA) | $151.05 Billion | 9.90% | 0.16x | $1.26 Million |
| PT Raja Roti Cemerlang Tbk (BRRC) | $20.11 Billion | 5.85% | 1.84x | $2.01 Million |
| Budi Starch & Sweetener Tbk (BUDI) | $267.46 Billion | 7.73% | 2.48x | $23.27 Million |
| Eagle High Plantations Tbk (BWPT) | $164.27 Billion | 0.56% | 1.05x | $52.97 Million |
| Campina Ice Cream Industry Tbk PT (CAMP) | $935.39 Billion | 8.21% | 0.13x | $5.76 Million |
| Citra Borneo Utama (CBUT) | $-209.50 Billion | 0.00% | 0.00x | $47.87 Million |
| Wilmar Cahaya Indonesia Tbk (CEKA) | $463.40 Billion | 12.59% | 1.22x | $10.68 Million |
| Cisarua Mountain Dairy Tbk PT (CMRY) | $4.70 Trillion | 16.82% | 0.19x | $428.70 Million |