PT Trimegah Bangun Persada Tbk Net Assets
PT Trimegah Bangun Persada Tbk net assets. Based on the latest financial reports, PT Trimegah Bangun Persada Tbk (NCKL) has net assets worth Rp43.34 Trillion IDR (≈ $2.54 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp58.54 Trillion ≈ $3.43 Billion USD) and total liabilities (Rp15.20 Trillion ≈ $890.40 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. Also explore net asset momentum of PT Trimegah Bangun Persada Tbk to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp43.34 Trillion |
| % of Total Assets | 74.04% |
| Annual Growth Rate | 43.59% |
| 5-Year Change | 329.89% |
| 10-Year Change | N/A |
| Growth Volatility | 29.4 |
Net Assets of PT Trimegah Bangun Persada Tbk (2019–2024)
Net assets of PT Trimegah Bangun Persada Tbk from 2019 to 2024. This chart illustrates how PT Trimegah Bangun Persada Tbk's net assets have evolved over time, based on quarterly financial data. See PT Trimegah Bangun Persada Tbk balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for PT Trimegah Bangun Persada Tbk (2019–2024)
The table below shows the annual net assets of PT Trimegah Bangun Persada Tbk from 2019 to 2024. For live market cap and overall valuation, see how much is PT Trimegah Bangun Persada Tbk worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp36.45 Trillion ≈ $2.14 Billion |
+28.40% |
| 2023-12-31 | Rp28.39 Trillion ≈ $1.66 Billion |
+99.53% |
| 2022-12-31 | Rp14.23 Trillion ≈ $833.77 Million |
+49.12% |
| 2021-12-31 | Rp9.54 Trillion ≈ $559.14 Million |
+12.53% |
| 2020-12-31 | Rp8.48 Trillion ≈ $496.88 Million |
+42.11% |
| 2019-12-31 | Rp5.97 Trillion ≈ $349.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PT Trimegah Bangun Persada 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 498.4% over the analyzed period, indicating profitable operations and earnings retention.
PT Trimegah Bangun Persada Tbk Net Assets Breakdown (December 2024)
PT Trimegah Bangun Persada Tbk net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp12.05 Trillion | 39.54% |
| Common Stock | Rp6.31 Trillion | 20.70% |
| Other Components | Rp12.12 Trillion | 39.76% |
| Total Equity | Rp30.49 Trillion | 100.00% |
PT Trimegah Bangun Persada Tbk Competitors by Market Cap
The table below lists competitors of PT Trimegah Bangun Persada Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Braze Inc
NASDAQ:BRZE
|
$2.69 Billion |
|
Lagardere SCA
PA:MMB
|
$2.69 Billion |
|
Société BIC SA
PA:BB
|
$2.70 Billion |
|
Poco Holding Co Ltd
SHE:300811
|
$2.70 Billion |
|
Shanghai Bright Power Semiconductor
SHG:688368
|
$2.69 Billion |
|
CCC S.A.
WAR:CCC
|
$2.69 Billion |
|
ArcBest Corp
NASDAQ:ARCB
|
$2.69 Billion |
|
Theon International Plc
AS:THEON
|
$2.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Trimegah Bangun Persada Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,497,312,000,000 to 30,486,263,000,000, a change of 6,988,951,000,000 (29.7%).
- Net income of 6,379,504,000,000 contributed positively to equity growth.
- Dividend payments of 1,685,742,000,000 reduced retained earnings.
- Other factors increased equity by 2,295,189,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp6.38 Trillion | +20.93% |
| Dividends Paid | Rp1.69 Trillion | -5.53% |
| Other Changes | Rp2.30 Trillion | +7.53% |
| Total Change | Rp- | 29.74% |
Book Value vs Market Value Analysis
This analysis compares PT Trimegah Bangun Persada 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: 1.51x
- 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 11.91x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp61.28 | Rp730.00 | x |
| 2020-12-31 | Rp62.13 | Rp730.00 | x |
| 2021-12-31 | Rp89.40 | Rp730.00 | x |
| 2022-12-31 | Rp150.30 | Rp730.00 | x |
| 2023-12-31 | Rp386.34 | Rp730.00 | x |
| 2024-12-31 | Rp483.15 | Rp730.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Trimegah Bangun Persada 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): 20.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.66%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.71x
- Recent ROE (20.93%) is below the historical average (27.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 34.61% | 16.95% | 0.52x | 3.94x | Rp830.88 Billion |
| 2020 | 2.05% | 1.98% | 0.20x | 5.17x | Rp-311.49 Billion |
| 2021 | 36.81% | 25.24% | 0.39x | 3.72x | Rp1.51 Trillion |
| 2022 | 49.21% | 48.78% | 0.28x | 3.65x | Rp3.72 Trillion |
| 2023 | 23.91% | 23.55% | 0.53x | 1.93x | Rp3.27 Trillion |
| 2024 | 20.93% | 23.66% | 0.52x | 1.71x | Rp3.33 Trillion |
Industry Comparison
This section compares PT Trimegah Bangun Persada Tbk'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: $668,512,211,201
- Average return on equity (ROE) among peers: 0.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Trimegah Bangun Persada Tbk (NCKL) | Rp43.34 Trillion | 34.61% | 0.35x | $2.69 Billion |
| Bumi Resources Minerals Tbk (BRMS) | $1.88 Billion | 4.82% | 0.17x | $530.40 Million |
| Cita Mineral Investindo Tbk PT (CITA) | $3.67 Trillion | 15.48% | 0.17x | $691.54 Million |
| Central Omega Resources Tbk PT (DKFT) | $1.45 Trillion | 23.20% | 0.10x | $214.84 Million |
| Ifishdeco PT (IFSH) | $542.98 Billion | 5.88% | 1.09x | $103.11 Million |
| Vale Indonesia Tbk (INCO) | $735.44 Million | 1.26% | 0.67x | $2.06 Billion |
| Sumber Energi Andalan Tbk PT (ITMA) | $370.03K | -56.57% | 2.50x | $62.64 Million |
| Merdeka Copper Gold PT (MDKA) | $18.68 Million | 0.00% | 0.16x | $2.82 Billion |
| PAM Mineral Tbk PT (NICL) | $347.09 Billion | 13.07% | 0.20x | $143.32 Million |
| Petrosea Tbk (PTRO) | $170.45 Million | -4.65% | 1.31x | $1.52 Billion |
About PT Trimegah Bangun Persada Tbk
PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing in Indonesia and distributes the products to China, Switzerland, Hong Kong, Sweden, and Singapore. The company owns and operates two nickel laterite mining projects located at Kawasi and Loji on Obi Island; and mining concessions for two nickel mining prospects located in Tabuji, Fluk dan Gambaru and Jikodolong village… Read more