NAIK
PT Adiwarna Anugerah Abadi Tbk designs, supplies, and installs fire protection systems in Indonesia. The company offers fire pumps, foam systems, fire suspension systems, fire alarm systems, hydrants, and sprinkles. It also provides testing and commissioning services; and undertakes construction contract project for installation and maintenance. The company was founded in 2007 and is based in Jak… Read more
NAIK (NAIK) - Net Assets
Latest net assets as of March 2025: Rp188.83 Billion IDR
Based on the latest financial reports, NAIK (NAIK) has net assets worth Rp188.83 Billion IDR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp223.86 Billion) and total liabilities (Rp35.04 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 | Rp188.83 Billion |
| % of Total Assets | 84.35% |
| Annual Growth Rate | 136.83% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.57 |
NAIK - Net Assets Trend (2022–2024)
This chart illustrates how NAIK's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NAIK (2022–2024)
The table below shows the annual net assets of NAIK from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp179.52 Billion | +149.88% |
| 2023-12-31 | Rp71.85 Billion | +124.73% |
| 2022-12-31 | Rp31.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NAIK'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 173.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp48.21 Billion | 26.86% |
| Common Stock | Rp65.00 Billion | 36.21% |
| Other Components | Rp66.31 Billion | 36.94% |
| Total Equity | Rp179.52 Billion | 100.00% |
NAIK Competitors by Market Cap
The table below lists competitors of NAIK ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
betterU Education Corp
STU:5OGA
|
$53.90 |
|
Umbra Applied Technologies Group Inc
PINK:UATG
|
$53.96 |
|
LEARN AFRICA PLC
XNSA:LEARNAFRCA
|
$53.99 |
|
Proven Growth and Income Vct PLC
LSE:PGOO
|
$54.34 |
|
Rjd Green Inc
PINK:RJDG
|
$53.75 |
|
Wellex Industries Inc
PSE:WIN
|
$53.71 |
|
Baronsmead Second Venture Trust Plc
LSE:BMD
|
$53.44 |
|
Trafalgar New Homes Plc
LSE:TRAF
|
$53.11 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NAIK's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 71,845,159,050 to 179,524,382,860, a change of 107,679,223,810 (149.9%).
- Net income of 30,901,926,980 contributed positively to equity growth.
- Other factors increased equity by 76,777,296,830.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp30.90 Billion | +17.21% |
| Other Changes | Rp76.78 Billion | +42.77% |
| Total Change | Rp- | 149.88% |
Book Value vs Market Value Analysis
This analysis compares NAIK'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: 1.68x
- 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 9.45x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Rp9.84 | Rp93.00 | x |
| 2023-12-31 | Rp22.11 | Rp93.00 | x |
| 2024-12-31 | Rp55.24 | Rp93.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NAIK 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): 17.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.92%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.34x
- Recent ROE (17.21%) is below the historical average (22.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 33.34% | 10.14% | 0.94x | 3.50x | Rp7.46 Billion |
| 2023 | 18.36% | 10.60% | 0.66x | 2.64x | Rp6.00 Billion |
| 2024 | 17.21% | 14.92% | 0.86x | 1.34x | Rp12.95 Billion |
Industry Comparison
This section compares NAIK's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $1,820,198,222,189
- Average return on equity (ROE) among peers: 6.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NAIK (NAIK) | Rp188.83 Billion | 33.34% | 0.19x | $53.83 |
| Asahimas Flat Glass Tbk (AMFG) | $3.29 Trillion | 9.68% | 1.25x | $12.78 Million |
| Berkah Beton Sadaya Tbk PT (BEBS) | $815.63 Billion | 5.37% | 0.10x | $8.87 Million |
| PT Superior Prima Sukses Tbk (BLES) | $752.36 Billion | 19.59% | 1.03x | $5.43 Million |
| Cemindo Gemilang Tbk PT (CMNT) | $3.84 Trillion | -2.30% | 3.72x | $81.15 Million |
| Citatah Tbk (CTTH) | $229.65 Billion | -18.06% | 2.02x | $2.34 Million |
| HK Metals Utama Tbk PT (HKMU) | $698.94 Billion | 12.36% | 1.63x | $9.46 Million |
| Indocement Tunggal Prakarsa (INTP) | $1.12 Trillion | 0.00% | 9.38x | $316.72 Million |
| Semen Baturaja Persero Tbk (SMBR) | $3.12 Trillion | 8.30% | 0.40x | $33.55 Million |
| Solusi Bangun Indonesia Tbk PT (SMCB) | $2.51 Trillion | 20.03% | 2.08x | $5.66 Million |