Malindo Feedmill Tbk (MAIN) - Net Assets
Based on the latest financial reports, Malindo Feedmill Tbk (MAIN) has net assets worth Rp2.62 Trillion IDR (≈ $153.32 Million USD) 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 ≈ $308.08 Million USD) and total liabilities (Rp2.64 Trillion ≈ $154.76 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. Check MAIN strategic asset allocation to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see market value of Malindo Feedmill Tbk.
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. Also explore Malindo Feedmill Tbk annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.63 Trillion ≈ $154.24 Million |
+22.99% |
| 2023-12-31 | Rp2.14 Trillion ≈ $125.41 Million |
+3.14% |
| 2022-12-31 | Rp2.08 Trillion ≈ $121.59 Million |
+1.32% |
| 2021-12-31 | Rp2.05 Trillion ≈ $120.01 Million |
+3.23% |
| 2020-12-31 | Rp1.98 Trillion ≈ $116.25 Million |
-2.20% |
| 2019-12-31 | Rp2.03 Trillion ≈ $118.87 Million |
+6.96% |
| 2018-12-31 | Rp1.90 Trillion ≈ $111.14 Million |
+11.49% |
| 2017-12-31 | Rp1.70 Trillion ≈ $99.68 Million |
-7.42% |
| 2016-12-31 | Rp1.84 Trillion ≈ $107.67 Million |
+18.66% |
| 2015-12-31 | Rp1.55 Trillion ≈ $90.74 Million |
+43.67% |
| 2014-12-31 | Rp1.08 Trillion ≈ $63.16 Million |
+24.97% |
| 2013-12-31 | Rp862.48 Billion ≈ $50.54 Million |
+26.49% |
| 2012-12-31 | Rp681.87 Billion ≈ $39.95 Million |
+61.65% |
| 2011-12-31 | Rp421.82 Billion ≈ $24.72 Million |
+64.88% |
| 2010-12-31 | Rp255.84 Billion ≈ $14.99 Million |
+115.63% |
| 2009-12-31 | Rp118.65 Billion ≈ $6.95 Million |
+166.33% |
| 2008-12-31 | Rp44.55 Billion ≈ $2.61 Million |
-76.60% |
| 2007-12-31 | Rp190.40 Billion ≈ $11.16 Million |
+10.41% |
| 2006-12-31 | Rp172.44 Billion ≈ $10.10 Million |
+63.11% |
| 2005-12-31 | Rp105.72 Billion ≈ $6.19 Million |
+138.20% |
| 2004-12-31 | Rp44.38 Billion ≈ $2.60 Million |
-- |
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 |
|---|---|
|
KNH Enterprise Co Ltd
TW:9919
|
$86.17 Million |
|
Veritone Inc
NASDAQ:VERI
|
$86.17 Million |
|
IF Bancorp Inc
NASDAQ:IROQ
|
$86.17 Million |
|
Ways Technical Ltd
TWO:3508
|
$86.19 Million |
|
DeFi Development Corp.
NASDAQ:DFDV
|
$86.14 Million |
|
Embellence Group AB
ST:EMBELL
|
$86.13 Million |
|
Frontier Lithium Inc
V:FL
|
$86.10 Million |
|
Biomea Fusion Inc
NASDAQ:BMEA
|
$86.04 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: 0.56x
- 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 4.34x to 0.56x 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 | Rp660.00 | x |
| 2011-12-31 | Rp250.34 | Rp660.00 | x |
| 2012-12-31 | Rp403.95 | Rp660.00 | x |
| 2013-12-31 | Rp510.28 | Rp660.00 | x |
| 2014-12-31 | Rp612.77 | Rp660.00 | x |
| 2015-12-31 | Rp830.97 | Rp660.00 | x |
| 2016-12-31 | Rp821.44 | Rp660.00 | x |
| 2017-12-31 | Rp760.63 | Rp660.00 | x |
| 2018-12-31 | Rp847.96 | Rp660.00 | x |
| 2019-12-31 | Rp906.94 | Rp660.00 | x |
| 2020-12-31 | Rp887.07 | Rp660.00 | x |
| 2021-12-31 | Rp915.72 | Rp660.00 | x |
| 2022-12-31 | Rp927.90 | Rp660.00 | x |
| 2023-12-31 | Rp957.09 | Rp660.00 | x |
| 2024-12-31 | Rp1176.90 | Rp660.00 | 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: $2,206,327,427,303
- Average return on equity (ROE) among peers: 16.28%
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 | $86.16 Million |
| FKS Food Sejahtera Tbk PT (AISA) | $2.03 Trillion | 10.39% | 0.90x | $980.90K |
| Estika Tata Tiara Tbk PT (BEEF) | $261.99 Billion | 39.31% | 7.38x | $208.41 Million |
| Formosa Ingredient Factory PT Tbk (BOBA) | $36.39 Billion | 51.66% | 0.55x | $13.95 Million |
| Budi Starch & Sweetener Tbk (BUDI) | $913.35 Billion | 3.06% | 1.71x | $60.00 Million |
| Eagle High Plantations Tbk (BWPT) | $6.65 Trillion | -2.70% | 1.65x | $206.07 Million |
| Campina Ice Cream Industry Tbk PT (CAMP) | $952.64 Billion | 13.38% | 0.14x | $63.11 Million |
| Wilmar Cahaya Indonesia Tbk (CEKA) | $1.39 Trillion | 13.48% | 0.22x | $75.66 Million |
| Cisarua Mountain Dairy Tbk PT (CMRY) | $6.75 Trillion | 22.50% | 0.21x | $2.08 Billion |
| Diamond Food Indonesia PT (DMND) | $2.93 Trillion | 10.87% | 0.44x | $371.72 Million |
| Morenzo Abadi Perkasa Tbk Pt (ENZO) | $147.76 Billion | 0.81% | 0.84x | $9.50 Million |
About 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