Mitra Adiperkasa Tbk
PT. Mitra Adiperkasa Tbk engages in the retail trade of clothing, accessories, bags, and sports equipment in Indonesia, Vietnam, the Philippines, Thailand, and internationally. The company operates through Retail Sales, Department Stores, Café and Restaurant, and Others segments. It operates retail stores, which offers clothes and accessories, sports equipment and accessories, toys, cellular phon… Read more
Mitra Adiperkasa Tbk (MAPI) - Net Assets
Latest net assets as of September 2025: Rp16.21 Trillion IDR
Based on the latest financial reports, Mitra Adiperkasa Tbk (MAPI) has net assets worth Rp16.21 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 (Rp30.84 Trillion) and total liabilities (Rp14.63 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 | Rp16.21 Trillion |
| % of Total Assets | 52.55% |
| Annual Growth Rate | 16.12% |
| 5-Year Change | 122.34% |
| 10-Year Change | 385.76% |
| Growth Volatility | 16.31 |
Mitra Adiperkasa Tbk - Net Assets Trend (2003–2024)
This chart illustrates how Mitra Adiperkasa 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 Mitra Adiperkasa Tbk (2003–2024)
The table below shows the annual net assets of Mitra Adiperkasa Tbk from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp14.45 Trillion | +16.43% |
| 2023-12-31 | Rp12.41 Trillion | +27.59% |
| 2022-12-31 | Rp9.73 Trillion | +37.09% |
| 2021-12-31 | Rp7.10 Trillion | +9.18% |
| 2020-12-31 | Rp6.50 Trillion | -11.82% |
| 2019-12-31 | Rp7.37 Trillion | +21.58% |
| 2018-12-31 | Rp6.06 Trillion | +42.89% |
| 2017-12-31 | Rp4.24 Trillion | +32.43% |
| 2016-12-31 | Rp3.20 Trillion | +7.68% |
| 2015-12-31 | Rp2.97 Trillion | +14.01% |
| 2014-12-31 | Rp2.61 Trillion | +7.48% |
| 2013-12-31 | Rp2.43 Trillion | +11.75% |
| 2012-12-31 | Rp2.17 Trillion | +21.10% |
| 2011-12-31 | Rp1.79 Trillion | +22.12% |
| 2010-12-31 | Rp1.47 Trillion | +14.06% |
| 2009-12-31 | Rp1.29 Trillion | +14.23% |
| 2008-12-31 | Rp1.13 Trillion | -8.01% |
| 2007-12-31 | Rp1.23 Trillion | +8.45% |
| 2006-12-31 | Rp1.13 Trillion | +0.92% |
| 2005-12-31 | Rp1.12 Trillion | +10.80% |
| 2004-12-31 | Rp1.01 Trillion | +61.50% |
| 2003-12-31 | Rp625.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mitra 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 7071.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp8.86 Trillion | 75.73% |
| Common Stock | Rp830.00 Billion | 7.09% |
| Other Comprehensive Income | Rp1.49 Trillion | 12.73% |
| Other Components | Rp520.16 Billion | 4.45% |
| Total Equity | Rp11.70 Trillion | 100.00% |
Mitra Adiperkasa Tbk Competitors by Market Cap
The table below lists competitors of Mitra Adiperkasa Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Merdeka Battery Materials
JK:MBMA
|
$570.05 Million |
|
Zhuhai Zhongfu Enterprise Co Ltd
SHE:000659
|
$570.17 Million |
|
Merry Electronics Co Ltd
TW:2439
|
$570.30 Million |
|
Risesun Real Estate Development Co Ltd
SHE:002146
|
$570.30 Million |
|
Farmers & Merchants Bancorp
OTCQX:FMCB
|
$569.85 Million |
|
CIMC Enric Holdings Limited
PINK:CIMEF
|
$569.65 Million |
|
SJVN Limited
NSE:SJVN
|
$569.60 Million |
|
Beijing China Sciences Runyu Environmental Technology Co. Ltd.
SHE:301175
|
$569.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mitra Adiperkasa Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,997,580,000,000 to 11,701,843,000,000, a change of 1,704,263,000,000 (17.0%).
- Net income of 1,767,617,000,000 contributed positively to equity growth.
- Dividend payments of 176,702,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 112,867,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.77 Trillion | +15.11% |
| Dividends Paid | Rp176.70 Billion | -1.51% |
| Other Comprehensive Income | Rp112.87 Billion | +0.96% |
| Other Changes | Rp481.00 Million | +0.0% |
| Total Change | Rp- | 17.05% |
Book Value vs Market Value Analysis
This analysis compares Mitra 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: 1.61x
- 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 16.90x to 1.61x 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 | Rp67.47 | Rp1140.00 | x |
| 2006-12-31 | Rp68.09 | Rp1140.00 | x |
| 2007-12-31 | Rp73.84 | Rp1140.00 | x |
| 2008-12-31 | Rp67.93 | Rp1140.00 | x |
| 2009-12-31 | Rp77.59 | Rp1140.00 | x |
| 2010-12-31 | Rp88.50 | Rp1140.00 | x |
| 2011-12-31 | Rp108.08 | Rp1140.00 | x |
| 2012-12-31 | Rp130.88 | Rp1140.00 | x |
| 2013-12-31 | Rp146.26 | Rp1140.00 | x |
| 2014-12-31 | Rp153.05 | Rp1140.00 | x |
| 2015-12-31 | Rp179.89 | Rp1140.00 | x |
| 2016-12-31 | Rp193.72 | Rp1140.00 | x |
| 2017-12-31 | Rp244.17 | Rp1140.00 | x |
| 2018-12-31 | Rp329.71 | Rp1140.00 | x |
| 2019-12-31 | Rp373.11 | Rp1140.00 | x |
| 2020-12-31 | Rp323.39 | Rp1140.00 | x |
| 2021-12-31 | Rp355.21 | Rp1140.00 | x |
| 2022-12-31 | Rp489.62 | Rp1140.00 | x |
| 2023-12-31 | Rp604.46 | Rp1140.00 | x |
| 2024-12-31 | Rp707.50 | Rp1140.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mitra 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): 15.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.33%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 2.52x
- Recent ROE (15.11%) is above the historical average (10.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 12.19% | 3.79% | 1.61x | 1.99x | Rp13.69 Billion |
| 2004 | 11.27% | 4.93% | 1.31x | 1.75x | Rp12.81 Billion |
| 2005 | 11.78% | 4.59% | 1.50x | 1.72x | Rp19.95 Billion |
| 2006 | 9.67% | 3.28% | 1.47x | 2.00x | Rp-3.68 Billion |
| 2007 | 9.42% | 2.97% | 1.31x | 2.41x | Rp-7.15 Billion |
| 2008 | -6.19% | -2.01% | 0.92x | 3.34x | Rp-182.55 Billion |
| 2009 | 12.73% | 3.99% | 1.22x | 2.62x | Rp35.18 Billion |
| 2010 | 13.69% | 4.27% | 1.28x | 2.50x | Rp54.16 Billion |
| 2011 | 20.09% | 6.12% | 1.33x | 2.46x | Rp181.01 Billion |
| 2012 | 19.92% | 5.71% | 1.27x | 2.76x | Rp215.48 Billion |
| 2013 | 13.50% | 3.37% | 1.25x | 3.22x | Rp85.01 Billion |
| 2014 | 2.92% | 0.63% | 1.36x | 3.42x | Rp-179.97 Billion |
| 2015 | 1.25% | 0.29% | 1.35x | 3.19x | Rp-260.16 Billion |
| 2016 | 6.51% | 1.47% | 1.32x | 3.33x | Rp-111.87 Billion |
| 2017 | 8.29% | 2.05% | 1.43x | 2.83x | Rp-69.13 Billion |
| 2018 | 13.50% | 3.89% | 1.50x | 2.32x | Rp190.58 Billion |
| 2019 | 15.13% | 4.33% | 1.55x | 2.26x | Rp316.39 Billion |
| 2020 | -10.94% | -3.94% | 0.84x | 3.30x | Rp-1.12 Trillion |
| 2021 | 7.15% | 2.28% | 1.10x | 2.86x | Rp-167.33 Billion |
| 2022 | 26.15% | 7.86% | 1.28x | 2.59x | Rp1.31 Trillion |
| 2023 | 18.94% | 5.68% | 1.21x | 2.75x | Rp893.79 Billion |
| 2024 | 15.11% | 4.33% | 1.38x | 2.52x | Rp597.43 Billion |
Industry Comparison
This section compares Mitra Adiperkasa Tbk's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $2,294,925,494,825
- Average return on equity (ROE) among peers: -22.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mitra Adiperkasa Tbk (MAPI) | Rp16.21 Trillion | 12.19% | 0.90x | $569.96 Million |
| PT DFI Retail Nusantara Tbk (HERO) | $1.42 Trillion | 19.24% | 1.62x | $5.39 Million |
| Matahari Department Store Tbk (LPPF) | $10.24 Billion | 0.00% | 7.62x | $120.20 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 |