Mandala Multifinance Tbk
PT Mandala Multifinance Tbk engages in the consumer financing business in Java, Sulawesi, Sumatera, and Kalimantan in Indonesia. It operates through Conventional and Sharia segments. The company offers motorcycle consumer financing services based on conventional and sharia financing; and consumer financing through conventional and sharia loans, as well as car, electronic and furniture, and invest… Read more
Mandala Multifinance Tbk (MFIN) - Net Assets
Latest net assets as of June 2025: Rp3.81 Trillion IDR
Based on the latest financial reports, Mandala Multifinance Tbk (MFIN) has net assets worth Rp3.81 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp6.93 Trillion) and total liabilities (Rp3.13 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 | Rp3.81 Trillion |
| % of Total Assets | 54.91% |
| Annual Growth Rate | 16.26% |
| 5-Year Change | 66.79% |
| 10-Year Change | 144.26% |
| Growth Volatility | 7.59 |
Mandala Multifinance Tbk - Net Assets Trend (2006–2024)
This chart illustrates how Mandala Multifinance 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 Mandala Multifinance Tbk (2006–2024)
The table below shows the annual net assets of Mandala Multifinance Tbk from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp3.89 Trillion | +14.66% |
| 2023-12-31 | Rp3.40 Trillion | +4.96% |
| 2022-12-31 | Rp3.24 Trillion | +17.12% |
| 2021-12-31 | Rp2.76 Trillion | +18.33% |
| 2020-12-31 | Rp2.33 Trillion | +2.51% |
| 2019-12-31 | Rp2.28 Trillion | +10.54% |
| 2018-12-31 | Rp2.06 Trillion | +6.55% |
| 2017-12-31 | Rp1.93 Trillion | +6.65% |
| 2016-12-31 | Rp1.81 Trillion | +13.74% |
| 2015-12-31 | Rp1.59 Trillion | +13.79% |
| 2014-12-31 | Rp1.40 Trillion | +24.49% |
| 2013-12-31 | Rp1.13 Trillion | +26.68% |
| 2012-12-31 | Rp888.48 Billion | +22.63% |
| 2011-12-31 | Rp724.54 Billion | +24.06% |
| 2010-12-31 | Rp584.03 Billion | +23.48% |
| 2009-12-31 | Rp472.95 Billion | +19.30% |
| 2008-12-31 | Rp396.44 Billion | +27.58% |
| 2007-12-31 | Rp310.73 Billion | +20.23% |
| 2006-12-31 | Rp258.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mandala Multifinance 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 4259.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp3.71 Trillion | 95.39% |
| Common Stock | Rp133.84 Billion | 3.44% |
| Other Components | Rp45.74 Billion | 1.17% |
| Total Equity | Rp3.89 Trillion | 100.00% |
Mandala Multifinance Tbk Competitors by Market Cap
The table below lists competitors of Mandala Multifinance Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guardian Exploration Inc
OTCQB:GXUSF
|
$1.81 Million |
|
MORNINGSTAR
BE:MRS
|
$1.81 Million |
|
Refine Group AB
ST:REFINE
|
$1.81 Million |
|
Bonei Hatichon Civil Engineering and Infrastructures Ltd
TA:BOTI
|
$1.81 Million |
|
DO & CO (DOQ.SG)
STU:DOQ
|
$1.81 Million |
|
WeCapital Holdings, Inc.
PINK:WCHD
|
$1.81 Million |
|
Wi2Wi Corporation
V:YTY
|
$1.81 Million |
|
Kia Lim Bhd
KLSE:6211
|
$1.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mandala Multifinance Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,396,430,000,000 to 3,894,430,000,000, a change of 498,000,000,000 (14.7%).
- Net income of 515,664,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 53,581,000,000.
- Other factors decreased equity by 71,245,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp515.66 Billion | +13.24% |
| Other Comprehensive Income | Rp53.58 Billion | +1.38% |
| Other Changes | Rp-71.25 Billion | -1.83% |
| Total Change | Rp- | 14.66% |
Book Value vs Market Value Analysis
This analysis compares Mandala Multifinance 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: 1.02x
- 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 6.78x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp117.26 | Rp795.00 | x |
| 2008-12-31 | Rp149.60 | Rp795.00 | x |
| 2009-12-31 | Rp178.47 | Rp795.00 | x |
| 2010-12-31 | Rp220.39 | Rp795.00 | x |
| 2011-12-31 | Rp273.41 | Rp795.00 | x |
| 2012-12-31 | Rp335.27 | Rp795.00 | x |
| 2013-12-31 | Rp424.73 | Rp795.00 | x |
| 2014-12-31 | Rp528.75 | Rp795.00 | x |
| 2015-12-31 | Rp601.65 | Rp795.00 | x |
| 2016-12-31 | Rp684.31 | Rp795.00 | x |
| 2017-12-31 | Rp729.80 | Rp795.00 | x |
| 2018-12-31 | Rp777.61 | Rp795.00 | x |
| 2019-12-31 | Rp859.58 | Rp795.00 | x |
| 2020-12-31 | Rp881.12 | Rp795.00 | x |
| 2021-12-31 | Rp1042.62 | Rp795.00 | x |
| 2022-12-31 | Rp1221.11 | Rp795.00 | x |
| 2023-12-31 | Rp1281.67 | Rp795.00 | x |
| 2024-12-31 | Rp778.89 | Rp795.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mandala Multifinance 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): 13.24%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.31%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.72x
- Recent ROE (13.24%) is below the historical average (19.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 20.63% | 21.75% | 0.25x | 3.77x | Rp26.05 Billion |
| 2007 | 25.22% | 30.19% | 0.17x | 4.87x | Rp47.30 Billion |
| 2008 | 26.56% | 24.10% | 0.20x | 5.58x | Rp65.66 Billion |
| 2009 | 22.86% | 23.32% | 0.23x | 4.35x | Rp60.81 Billion |
| 2010 | 22.72% | 21.98% | 0.19x | 5.36x | Rp74.26 Billion |
| 2011 | 24.88% | 22.36% | 0.21x | 5.22x | Rp107.81 Billion |
| 2012 | 24.54% | 17.05% | 0.31x | 4.57x | Rp129.15 Billion |
| 2013 | 23.00% | 18.52% | 0.35x | 3.52x | Rp146.37 Billion |
| 2014 | 21.52% | 19.55% | 0.32x | 3.43x | Rp161.37 Billion |
| 2015 | 15.46% | 14.64% | 0.37x | 2.88x | Rp87.13 Billion |
| 2016 | 14.08% | 17.58% | 0.41x | 1.96x | Rp73.94 Billion |
| 2017 | 17.21% | 23.79% | 0.44x | 1.66x | Rp139.53 Billion |
| 2018 | 16.18% | 22.98% | 0.40x | 1.76x | Rp127.28 Billion |
| 2019 | 16.55% | 21.86% | 0.37x | 2.07x | Rp149.29 Billion |
| 2020 | 7.47% | 11.46% | 0.36x | 1.80x | Rp-59.10 Billion |
| 2021 | 17.56% | 27.80% | 0.33x | 1.93x | Rp208.96 Billion |
| 2022 | 20.35% | 30.68% | 0.33x | 2.03x | Rp334.92 Billion |
| 2023 | 12.45% | 19.42% | 0.33x | 1.96x | Rp83.27 Billion |
| 2024 | 13.24% | 22.31% | 0.35x | 1.72x | Rp126.22 Billion |
Industry Comparison
This section compares Mandala Multifinance Tbk's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $1,536,319,386,825
- Average return on equity (ROE) among peers: 9.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mandala Multifinance Tbk (MFIN) | Rp3.81 Trillion | 20.63% | 0.82x | $1.81 Million |
| Adira Dinamika Multi Finance (ADMF) | $7.03 Trillion | 25.83% | 3.48x | $130.76 Million |
| Buana Finance Tbk (BBLD) | $1.24 Trillion | 2.31% | 1.88x | $25.56 Million |
| BFI Finance Indonesia Tbk (BFIN) | $611.95 Billion | 16.06% | 0.84x | $317.78 Million |
| Batavia Prosperindo Finance (BPFI) | $621.93 Billion | 8.00% | 1.53x | $4.55 Million |
| Clipan Finance Indonesia Tbk (CFIN) | $4.35 Trillion | 7.02% | 1.55x | $38.73 Million |
| Danasupra Erapacific Tbk (DEFI) | $43.01 Billion | 2.40% | 0.75x | $1.92 Million |
| Fuji Finance Indonesia Tbk PT (FUJI) | $48.65 Billion | 16.42% | 0.01x | $835.77K |
| Radana Bhaskara Finance Tbk (HDFA) | $513.33 Billion | 4.99% | 6.02x | $1.88 Million |
| Intan Baruprana Finance Tbk (IBFN) | $-631.13 Billion | 0.00% | 0.00x | $1.28 Million |