Megapower Makmur TBK PT (MPOW) - Net Assets
Based on the latest financial reports, Megapower Makmur TBK PT (MPOW) has net assets worth Rp113.32 Billion IDR (≈ $6.64 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp151.92 Billion ≈ $8.90 Million USD) and total liabilities (Rp38.61 Billion ≈ $2.26 Million 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 MPOW asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp113.32 Billion |
| % of Total Assets | 74.59% |
| Annual Growth Rate | 4.66% |
| 5-Year Change | -18.85% |
| 10-Year Change | N/A |
| Growth Volatility | 27.85 |
Megapower Makmur TBK PT - Net Assets Trend (2016–2024)
This chart illustrates how Megapower Makmur TBK PT's net assets have evolved over time, based on quarterly financial data. Also explore Megapower Makmur TBK PT asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Megapower Makmur TBK PT (2016–2024)
The table below shows the annual net assets of Megapower Makmur TBK PT from 2016 to 2024. For live valuation and market cap data, see Megapower Makmur TBK PT (MPOW) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp117.24 Billion ≈ $6.87 Million |
-3.00% |
| 2023-12-31 | Rp120.87 Billion ≈ $7.08 Million |
-2.81% |
| 2022-12-31 | Rp124.36 Billion ≈ $7.29 Million |
-13.76% |
| 2021-12-31 | Rp144.20 Billion ≈ $8.45 Million |
-0.20% |
| 2020-12-31 | Rp144.48 Billion ≈ $8.47 Million |
-1.67% |
| 2019-12-31 | Rp146.93 Billion ≈ $8.61 Million |
+0.03% |
| 2018-12-31 | Rp146.88 Billion ≈ $8.61 Million |
+0.08% |
| 2017-12-31 | Rp146.77 Billion ≈ $8.60 Million |
+80.17% |
| 2016-12-31 | Rp81.46 Billion ≈ $4.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Megapower Makmur 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 decreased by 39.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp11.91 Billion | 10.16% |
| Common Stock | Rp81.70 Billion | 69.68% |
| Other Comprehensive Income | Rp2.15 Billion | 1.83% |
| Other Components | Rp21.48 Billion | 18.32% |
| Total Equity | Rp117.24 Billion | 100.00% |
Megapower Makmur TBK PT Competitors by Market Cap
The table below lists competitors of Megapower Makmur TBK PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cape Range Ltd
AU:CAG
|
$5.17 Million |
|
Gulf Resources, Inc. (NV) Common Stock
NASDAQ:GURE
|
$5.17 Million |
|
Hollywood Bowl Group PLC
LSE:BOWL
|
$5.18 Million |
|
Emico Holdings Bhd
KLSE:9091
|
$5.18 Million |
|
Vintage Energy Ltd
AU:VEN
|
$5.17 Million |
|
abrdn Asian Income Fund Limited
LSE:AAIF
|
$5.17 Million |
|
Oberstdorfer Bergbahn AG
MU:KVO
|
$5.16 Million |
|
Tarapur Transformers Limited
NSE:TARAPUR
|
$5.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Megapower Makmur TBK PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 120,867,604,000 to 117,244,448,000, a change of -3,623,156,000 (-3.0%).
- Net loss of 3,361,044,000 reduced equity.
- Other comprehensive income decreased equity by 262,112,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-3.36 Billion | -2.87% |
| Other Comprehensive Income | Rp-262.11 Million | -0.22% |
| Total Change | Rp- | -3.00% |
Book Value vs Market Value Analysis
This analysis compares Megapower Makmur 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: 0.75x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.10x to 0.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp1125.73 | Rp108.00 | x |
| 2017-12-31 | Rp231.14 | Rp108.00 | x |
| 2018-12-31 | Rp179.78 | Rp108.00 | x |
| 2019-12-31 | Rp179.84 | Rp108.00 | x |
| 2020-12-31 | Rp176.84 | Rp108.00 | x |
| 2021-12-31 | Rp176.50 | Rp108.00 | x |
| 2022-12-31 | Rp152.22 | Rp108.00 | x |
| 2023-12-31 | Rp147.94 | Rp108.00 | x |
| 2024-12-31 | Rp143.51 | Rp108.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Megapower Makmur 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): -2.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.28%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.37x
- Recent ROE (-2.87%) is below the historical average (1.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.89% | 17.71% | 0.17x | 4.30x | Rp2.35 Billion |
| 2017 | 8.42% | 18.54% | 0.20x | 2.27x | Rp-2.31 Billion |
| 2018 | 2.09% | 5.23% | 0.19x | 2.13x | Rp-11.62 Billion |
| 2019 | 2.10% | 6.26% | 0.18x | 1.87x | Rp-11.61 Billion |
| 2020 | 0.00% | -0.01% | 0.15x | 1.79x | Rp-14.45 Billion |
| 2021 | 1.74% | 5.97% | 0.18x | 1.65x | Rp-11.91 Billion |
| 2022 | -8.77% | -27.23% | 0.20x | 1.62x | Rp-23.35 Billion |
| 2023 | -2.77% | -11.62% | 0.16x | 1.49x | Rp-15.44 Billion |
| 2024 | -2.87% | -10.28% | 0.20x | 1.37x | Rp-15.09 Billion |
Industry Comparison
This section compares Megapower Makmur TBK PT's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $242,894,417,832
- Average return on equity (ROE) among peers: 2.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Megapower Makmur TBK PT (MPOW) | Rp113.32 Billion | 12.89% | 0.34x | $5.17 Million |
| Kencana Energi Lestari (KEEN) | $122.80 Million | 4.91% | 0.90x | $190.13 Million |
| Cikarang Listrindo Tbk PT (POWR) | $485.67 Billion | 0.00% | 5.53x | $681.77 Million |
About Megapower Makmur TBK PT
PT Megapower Makmur Tbk operates as an independent power producer company in Indonesia. It engages in power generation and operation of facilities, generating electrical energy, derived from various energy sources, such as hydroelectric power, coal, gas, fuel oil, diesel and renewable energy, solar, wind, marine, geothermal, nuclear power, and others. The company was founded in 2007 and is headqu… Read more