M Cash Integrasi Tbk PT
PT M Cash Integrasi Tbk operates as a digital distribution company. The company provides digital products for mobile credit and data top up; PPOB; game voucher; tour and travel; music concert and attraction; lifestyle voucher; e-wallet and e-money top up; and branchless banking. It also offers WhatsApp Business API, a communication platform; electric vehicles; semolis, an electric motorbike renta… Read more
M Cash Integrasi Tbk PT (MCAS) - Net Assets
Latest net assets as of September 2025: Rp1.09 Trillion IDR
Based on the latest financial reports, M Cash Integrasi Tbk PT (MCAS) has net assets worth Rp1.09 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 (Rp1.90 Trillion) and total liabilities (Rp807.69 Billion). 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 | Rp1.09 Trillion |
| % of Total Assets | 57.52% |
| Annual Growth Rate | 91.92% |
| 5-Year Change | -15.24% |
| 10-Year Change | 67864.97% |
| Growth Volatility | 1076.09 |
M Cash Integrasi Tbk PT - Net Assets Trend (2014–2024)
This chart illustrates how M Cash Integrasi Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for M Cash Integrasi Tbk PT (2014–2024)
The table below shows the annual net assets of M Cash Integrasi Tbk PT from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.13 Trillion | -3.50% |
| 2023-12-31 | Rp1.17 Trillion | -9.61% |
| 2022-12-31 | Rp1.29 Trillion | -14.68% |
| 2021-12-31 | Rp1.52 Trillion | +13.90% |
| 2020-12-31 | Rp1.33 Trillion | -22.93% |
| 2019-12-31 | Rp1.73 Trillion | +64.17% |
| 2018-12-31 | Rp1.05 Trillion | +169.73% |
| 2017-12-31 | Rp390.26 Billion | +3627.84% |
| 2016-12-31 | Rp10.47 Billion | +530.24% |
| 2015-12-31 | Rp1.66 Billion | -0.18% |
| 2014-12-31 | Rp1.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to M Cash Integrasi Tbk PT'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 41672.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp451.83 Billion | 242.78% |
| Common Stock | Rp86.79 Billion | 46.64% |
| Total Equity | Rp186.11 Billion | 100.00% |
M Cash Integrasi Tbk PT Competitors by Market Cap
The table below lists competitors of M Cash Integrasi Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
3D Energi Ltd
AU:TDO
|
$12.94 Million |
|
Chasys
KO:033250
|
$12.94 Million |
|
Jaws Mustang Acquisition Corp
NYSE MKT:JWSM
|
$12.94 Million |
|
Xu Yuan Packaging Technology Co Ltd
TWO:8421
|
$12.95 Million |
|
Graha Layar Prima Tbk
JK:BLTZ
|
$12.93 Million |
|
American Bank Inc
PINK:AMBK
|
$12.93 Million |
|
Artemis Hali As
IS:ARTMS
|
$12.92 Million |
|
Vishnu Prakash R Punglia Limited
NSE:VPRPL
|
$12.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M Cash Integrasi Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 187,270,964,974 to 186,109,129,000, a change of -1,161,835,974 (-0.6%).
- Net loss of 15,541,000 reduced equity.
- Dividend payments of 4,271,673,000 reduced retained earnings.
- Share repurchases of 150,962,000 reduced equity.
- Other comprehensive income decreased equity by 2,094,526,684.
- Other factors increased equity by 5,370,866,710.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-15.54 Million | -0.01% |
| Dividends Paid | Rp4.27 Billion | -2.3% |
| Share Repurchases | Rp150.96 Million | -0.08% |
| Other Comprehensive Income | Rp-2.09 Billion | -1.13% |
| Other Changes | Rp5.37 Billion | +2.89% |
| Total Change | Rp- | -0.62% |
Book Value vs Market Value Analysis
This analysis compares M Cash Integrasi Tbk PT'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: 2.12x
- 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 143.52x to 2.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | Rp3.16 | Rp454.00 | x |
| 2015-12-31 | Rp1.91 | Rp454.00 | x |
| 2016-12-31 | Rp8.74 | Rp454.00 | x |
| 2017-12-31 | Rp630.32 | Rp454.00 | x |
| 2018-12-31 | Rp759.58 | Rp454.00 | x |
| 2019-12-31 | Rp783.25 | Rp454.00 | x |
| 2020-12-31 | Rp550.53 | Rp454.00 | x |
| 2021-12-31 | Rp583.14 | Rp454.00 | x |
| 2022-12-31 | Rp350.25 | Rp454.00 | x |
| 2023-12-31 | Rp215.77 | Rp454.00 | x |
| 2024-12-31 | Rp214.43 | Rp454.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M Cash Integrasi Tbk PT 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): -0.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.00%
- • Asset Turnover: 3.78x
- • Equity Multiplier: 10.16x
- Recent ROE (-0.01%) is below the historical average (16.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 18.17% | 0.13% | 46.91x | 3.04x | Rp129.17 Million |
| 2015 | 4.30% | 0.02% | 74.90x | 2.76x | Rp-94.75 Million |
| 2016 | 36.37% | 0.71% | 10.28x | 4.95x | Rp2.00 Billion |
| 2017 | 2.04% | 0.57% | 2.41x | 1.48x | Rp-30.66 Billion |
| 2018 | 34.55% | 3.58% | 4.42x | 2.18x | Rp161.86 Billion |
| 2019 | 31.23% | 1.91% | 4.95x | 3.30x | Rp144.29 Billion |
| 2020 | 15.15% | 0.64% | 6.18x | 3.84x | Rp24.62 Billion |
| 2021 | 27.93% | 1.12% | 5.94x | 4.22x | Rp90.75 Billion |
| 2022 | 8.16% | 0.20% | 6.44x | 6.29x | Rp-5.59 Billion |
| 2023 | 0.29% | 0.00% | 5.88x | 10.63x | Rp-18.19 Billion |
| 2024 | -0.01% | 0.00% | 3.78x | 10.16x | Rp-18.63 Billion |
Industry Comparison
This section compares M Cash Integrasi Tbk PT's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $153,081,663,578
- Average return on equity (ROE) among peers: -1.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M Cash Integrasi Tbk PT (MCAS) | Rp1.09 Trillion | 18.17% | 0.74x | $12.93 Million |
| PT Perma Plasindo Tbk (BINO) | $208.57 Billion | 6.37% | 1.03x | $144.58K |
| Cashlez Worldwide Indonesia Tbk (CASH) | $121.13 Billion | -27.85% | 0.93x | $7.18 Million |
| Lion Metal Works Tbk (LION) | $83.80 Billion | 14.65% | 0.25x | $5.48 Million |
| Modern Internasional Tbk (MDRN) | $198.83 Billion | 0.77% | 3.82x | $17.36 Million |