Merdeka Copper Gold PT (MDKA) - Net Assets
Based on the latest financial reports, Merdeka Copper Gold PT (MDKA) has net assets worth Rp2.87 Billion IDR (≈ $168.12K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp5.28 Billion ≈ $309.59K USD) and total liabilities (Rp2.41 Billion ≈ $141.46K 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 Merdeka Copper Gold PT liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp2.87 Billion |
| % of Total Assets | 54.31% |
| Annual Growth Rate | 58.27% |
| 5-Year Change | 417.45% |
| 10-Year Change | 1728.48% |
| Growth Volatility | 193.05 |
Merdeka Copper Gold PT - Net Assets Trend (2013–2024)
This chart illustrates how Merdeka Copper Gold PT's net assets have evolved over time, based on quarterly financial data. Also explore MDKA asset base for the complete picture of this company's asset base.
Annual Net Assets for Merdeka Copper Gold PT (2013–2024)
The table below shows the annual net assets of Merdeka Copper Gold PT from 2013 to 2024. For live valuation and market cap data, see MDKA company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.92 Billion ≈ $170.90K |
+5.52% |
| 2023-12-31 | Rp2.76 Billion ≈ $161.96K |
+36.51% |
| 2022-12-31 | Rp2.02 Billion ≈ $118.65K |
+159.79% |
| 2021-12-31 | Rp779.41 Million ≈ $45.67K |
+38.28% |
| 2020-12-31 | Rp563.65 Million ≈ $33.03K |
+7.52% |
| 2019-12-31 | Rp524.24 Million ≈ $30.72K |
+24.18% |
| 2018-12-31 | Rp422.15 Million ≈ $24.74K |
+122.76% |
| 2017-12-31 | Rp189.51 Million ≈ $11.10K |
+19.15% |
| 2016-12-31 | Rp159.06 Million ≈ $9.32K |
-0.28% |
| 2015-12-31 | Rp159.51 Million ≈ $9.35K |
+691.36% |
| 2014-12-31 | Rp20.16 Million ≈ $1.18K |
+7.90% |
| 2013-12-31 | Rp18.68 Million ≈ $1.09K |
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Equity Component Analysis
This analysis shows how different components contribute to Merdeka Copper Gold 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 20486467100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp204.86 Million | 22.22% |
| Common Stock | Rp38.26 Million | 4.15% |
| Other Comprehensive Income | Rp-46.53 Million | -5.05% |
| Other Components | Rp725.54 Million | 78.68% |
| Total Equity | Rp922.13 Million | 100.00% |
Merdeka Copper Gold PT Competitors by Market Cap
The table below lists competitors of Merdeka Copper Gold PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Centre Testing Intl Shenzhen
SHE:300012
|
$3.98 Billion |
|
TRI Pointe Homes Inc
NYSE:TPH
|
$3.98 Billion |
|
Escorts Kubota Limited
NSE:ESCORTS
|
$3.98 Billion |
|
Aris Mining Corporation
TO:ARIS
|
$3.98 Billion |
|
KRONES AG(UNSP.ADR)1/2/ON
F:KRNU
|
$3.97 Billion |
|
Airoha Technology Corp
TW:6526
|
$3.97 Billion |
|
Paladin Energy Ltd
AU:PDN
|
$3.97 Billion |
|
Pampa Energía S.A
F:9PAA
|
$3.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Merdeka Copper Gold PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 926,873,958 to 922,132,556, a change of -4,741,402 (-0.5%).
- Net loss of 55,762,106 reduced equity.
- Dividend payments of 16,520,460 reduced retained earnings.
- Share repurchases of 50,346,570 reduced equity.
- New share issuances of 50,346,567 increased equity.
- Other comprehensive income decreased equity by 221,938.
- Other factors increased equity by 67,763,105.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-55.76 Million | -6.05% |
| Dividends Paid | Rp16.52 Million | -1.79% |
| Share Repurchases | Rp50.35 Million | -5.46% |
| Share Issuances | Rp50.35 Million | +5.46% |
| Other Comprehensive Income | Rp-221.94K | -0.02% |
| Other Changes | Rp67.76 Million | +7.35% |
| Total Change | Rp- | -0.51% |
Book Value vs Market Value Analysis
This analysis compares Merdeka Copper Gold 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: 72760.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 910415.37x to 72760.19x 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 | Rp0.00 | Rp2780.00 | x |
| 2015-12-31 | Rp0.01 | Rp2780.00 | x |
| 2016-12-31 | Rp0.01 | Rp2780.00 | x |
| 2017-12-31 | Rp0.01 | Rp2780.00 | x |
| 2018-12-31 | Rp0.02 | Rp2780.00 | x |
| 2019-12-31 | Rp0.02 | Rp2780.00 | x |
| 2020-12-31 | Rp0.02 | Rp2780.00 | x |
| 2021-12-31 | Rp0.03 | Rp2780.00 | x |
| 2022-12-31 | Rp0.04 | Rp2780.00 | x |
| 2023-12-31 | Rp0.04 | Rp2780.00 | x |
| 2024-12-31 | Rp0.04 | Rp2780.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Merdeka Copper Gold 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): -6.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.49%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 5.68x
- Recent ROE (-6.05%) is below the historical average (2.67%), 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 | -25.20% | 0.00% | 0.00x | 6.35x | Rp-7.03 Million |
| 2015 | -3.27% | 0.00% | 0.00x | 1.12x | Rp-21.15 Million |
| 2016 | -1.73% | 0.00% | 0.00x | 1.91x | Rp-18.64 Million |
| 2017 | 22.76% | 33.29% | 0.35x | 1.96x | Rp24.15 Million |
| 2018 | 14.77% | 17.86% | 0.37x | 2.25x | Rp16.95 Million |
| 2019 | 14.37% | 17.62% | 0.42x | 1.93x | Rp21.53 Million |
| 2020 | 5.40% | 8.98% | 0.35x | 1.74x | Rp-24.61 Million |
| 2021 | 4.78% | 9.49% | 0.30x | 1.69x | Rp-39.42 Million |
| 2022 | 5.82% | 6.72% | 0.22x | 3.86x | Rp-41.90 Million |
| 2023 | -2.23% | -1.21% | 0.34x | 5.36x | Rp-113.35 Million |
| 2024 | -6.05% | -2.49% | 0.43x | 5.68x | Rp-147.98 Million |
Industry Comparison
This section compares Merdeka Copper Gold PT's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $1,382,856,613,690
- Average return on equity (ROE) among peers: 17.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Merdeka Copper Gold PT (MDKA) | Rp2.87 Billion | -25.20% | 0.84x | $3.98 Billion |
| Bumi Resources Minerals Tbk (BRMS) | $1.55 Billion | 5.02% | 0.24x | $1.12 Billion |
| Cita Mineral Investindo Tbk PT (CITA) | $800.67 Billion | 12.45% | 0.78x | $777.41 Million |
| Central Omega Resources Tbk PT (DKFT) | $1.31 Trillion | -2.30% | 0.04x | $235.84 Million |
| Ifishdeco PT (IFSH) | $676.47 Billion | 25.06% | 0.49x | $233.27 Million |
| Vale Indonesia Tbk (INCO) | $1.58 Billion | 10.78% | 0.29x | $3.35 Billion |
| Sumber Energi Andalan Tbk PT (ITMA) | $8.69 Billion | 24.60% | 0.59x | $117.67 Million |
| PT Trimegah Bangun Persada Tbk (NCKL) | $9.54 Trillion | 21.76% | 1.20x | $3.75 Billion |
| PAM Mineral Tbk PT (NICL) | $106.78 Billion | 29.57% | 0.78x | $495.40 Million |
| Petrosea Tbk (PTRO) | $159.23 Million | 33.06% | 1.37x | $2.98 Billion |
About Merdeka Copper Gold PT
PT Merdeka Copper Gold Tbk engages in the mining activities in Indonesia. It explores for gold, silver, copper, and other related minerals. The company holds interests in the Tujuh Bukit Copper project; Pani Gold project; Tujuh Bukit Gold project; Merdeka Battery Materials project; and Wetar Copper project. It is also involved in metal manufacturing and trading services business; mining and const… Read more