Magna Finance Tbk
PT Magna Investama Mandiri Tbk operates hotel in Indonesia. It also engages in the rental of apartments. The company was formerly known as PT Magna Finance Tbk and changed its name to PT Magna Investama Mandiri Tbk in November 2017. PT Magna Investama Mandiri Tbk was incorporated in 1984 and is based in Jakarta Pusat, Indonesia.
Magna Finance Tbk (MGNA) - Net Assets
Latest net assets as of June 2025: Rp37.77 Billion IDR
Based on the latest financial reports, Magna Finance Tbk (MGNA) has net assets worth Rp37.77 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp127.24 Billion) and total liabilities (Rp89.47 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 | Rp37.77 Billion |
| % of Total Assets | 29.68% |
| Annual Growth Rate | -4.39% |
| 5-Year Change | N/A |
| 10-Year Change | -77.35% |
| Growth Volatility | 223.8 |
Magna Finance Tbk - Net Assets Trend (2011–2024)
This chart illustrates how Magna Finance 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 Magna Finance Tbk (2011–2024)
The table below shows the annual net assets of Magna Finance Tbk from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp31.61 Billion | -26.64% |
| 2023-12-31 | Rp43.08 Billion | -3.89% |
| 2022-12-31 | Rp44.82 Billion | +550.06% |
| 2021-12-31 | Rp-9.96 Billion | +79.70% |
| 2020-12-31 | Rp-49.06 Billion | +53.32% |
| 2019-12-31 | Rp-105.09 Billion | -734.76% |
| 2018-12-31 | Rp16.56 Billion | -69.08% |
| 2017-12-31 | Rp53.54 Billion | -24.22% |
| 2016-12-31 | Rp70.66 Billion | -49.37% |
| 2015-12-31 | Rp139.55 Billion | +1.70% |
| 2014-12-31 | Rp137.21 Billion | +114.48% |
| 2013-12-31 | Rp63.97 Billion | +6.34% |
| 2012-12-31 | Rp60.16 Billion | +6.11% |
| 2011-12-31 | Rp56.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Magna Finance 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 decreased by 653.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp220.68 Billion | 730.16% |
| Total Equity | Rp30.22 Billion | 100.00% |
Magna Finance Tbk Competitors by Market Cap
The table below lists competitors of Magna Finance Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
exax Inc
KQ:060230
|
$9.61 Million |
|
Murray & Roberts Holdings Limited
PINK:MURSF
|
$9.62 Million |
|
IRLAB THERAP. AB A
F:6IRA
|
$9.62 Million |
|
Cadence Opportunities Fund Ltd
AU:CDO
|
$9.62 Million |
|
Bausen Inc.
TWO:2948
|
$9.61 Million |
|
ZINC MEDIA GR. LS -00125
F:YE42
|
$9.61 Million |
|
Moadata Co. Ltd.
KQ:288980
|
$9.61 Million |
|
PT Surya Esa Perkasa Tbk
STU:71S
|
$9.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magna Finance Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,439,982,000 to 30,223,115,000, a change of 5,783,133,000 (23.7%).
- Net income of 5,620,217,000 contributed positively to equity growth.
- Share repurchases of 89,350 reduced equity.
- Other comprehensive income increased equity by 42,623,958,000.
- Other factors decreased equity by 42,460,952,650.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp5.62 Billion | +18.6% |
| Share Repurchases | Rp89.35K | -0.0% |
| Other Comprehensive Income | Rp42.62 Billion | +141.03% |
| Other Changes | Rp-42.46 Billion | -140.49% |
| Total Change | Rp- | 23.66% |
Book Value vs Market Value Analysis
This analysis compares Magna Finance 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: 21.44x
- 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 increased from 0.95x to 21.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp200.53 | Rp190.00 | x |
| 2013-12-31 | Rp213.25 | Rp190.00 | x |
| 2014-12-31 | Rp211.10 | Rp190.00 | x |
| 2015-12-31 | Rp139.55 | Rp190.00 | x |
| 2016-12-31 | Rp70.66 | Rp190.00 | x |
| 2017-12-31 | Rp54.67 | Rp190.00 | x |
| 2018-12-31 | Rp19.97 | Rp190.00 | x |
| 2019-12-31 | Rp-98.55 | Rp190.00 | x |
| 2020-12-31 | Rp-46.01 | Rp190.00 | x |
| 2021-12-31 | Rp-6.99 | Rp190.00 | x |
| 2022-12-31 | Rp17.95 | Rp190.00 | x |
| 2023-12-31 | Rp7.17 | Rp190.00 | x |
| 2024-12-31 | Rp8.86 | Rp190.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magna Finance 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): 18.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.24%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 4.24x
- Recent ROE (18.60%) is above the historical average (-27.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 5.76% | 8.71% | 0.15x | 4.30x | Rp-2.55 Billion |
| 2013 | 5.96% | 6.82% | 0.16x | 5.30x | Rp-2.58 Billion |
| 2014 | 2.71% | 6.27% | 0.12x | 3.49x | Rp-10.01 Billion |
| 2015 | 1.78% | 4.32% | 0.13x | 3.28x | Rp-11.47 Billion |
| 2016 | -98.29% | -198.59% | 0.13x | 3.78x | Rp-76.51 Billion |
| 2017 | -100.09% | -32.59% | 0.75x | 4.12x | Rp-60.37 Billion |
| 2018 | -173.28% | -14.92% | 1.14x | 10.21x | Rp-36.71 Billion |
| 2019 | 0.00% | -281.14% | 0.48x | 0.00x | Rp-109.00 Billion |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | Rp57.76 Billion |
| 2021 | 0.00% | -42.53% | 0.04x | 0.00x | Rp-1.61 Billion |
| 2022 | -11.57% | -10.34% | 0.21x | 5.22x | Rp-5.64 Billion |
| 2023 | -8.27% | -4.25% | 0.35x | 5.61x | Rp-4.46 Billion |
| 2024 | 18.60% | 11.24% | 0.39x | 4.24x | Rp2.60 Billion |
Industry Comparison
This section compares Magna Finance Tbk's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $1,564,030,048,143
- Average return on equity (ROE) among peers: 9.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magna Finance Tbk (MGNA) | Rp37.77 Billion | 5.76% | 2.37x | $9.61 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 |
| Mandala Multifinance Tbk (MFIN) | $1.81 Trillion | 14.08% | 0.96x | $1.81 Million |