Pelat Timah Nusantara Tbk (NIKL) - Net Assets
Based on the latest financial reports, Pelat Timah Nusantara Tbk (NIKL) has net assets worth Rp56.04 Million IDR (≈ $3.28K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp109.86 Million ≈ $6.44K USD) and total liabilities (Rp53.83 Million ≈ $3.15K 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 asset resilience ratio of Pelat Timah Nusantara Tbk to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp56.04 Million |
| % of Total Assets | 51.01% |
| Annual Growth Rate | 5.56% |
| 5-Year Change | 15.42% |
| 10-Year Change | 49.05% |
| Growth Volatility | 23.8 |
Pelat Timah Nusantara Tbk - Net Assets Trend (2008–2024)
This chart illustrates how Pelat Timah Nusantara Tbk's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Pelat Timah Nusantara Tbk for the complete picture of this company's asset base.
Annual Net Assets for Pelat Timah Nusantara Tbk (2008–2024)
The table below shows the annual net assets of Pelat Timah Nusantara Tbk from 2008 to 2024. For live valuation and market cap data, see Pelat Timah Nusantara Tbk stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp55.85 Million ≈ $3.27K |
+0.16% |
| 2023-12-31 | Rp55.76 Million ≈ $3.27K |
-6.91% |
| 2022-12-31 | Rp59.90 Million ≈ $3.51K |
+9.75% |
| 2021-12-31 | Rp54.58 Million ≈ $3.20K |
+12.81% |
| 2020-12-31 | Rp48.39 Million ≈ $2.84K |
+6.02% |
| 2019-12-31 | Rp45.64 Million ≈ $2.67K |
+6.01% |
| 2018-12-31 | Rp43.05 Million ≈ $2.52K |
+3.38% |
| 2017-12-31 | Rp41.65 Million ≈ $2.44K |
+4.10% |
| 2016-12-31 | Rp40.01 Million ≈ $2.34K |
+6.77% |
| 2015-12-31 | Rp37.47 Million ≈ $2.20K |
+5.00% |
| 2014-12-31 | Rp35.69 Million ≈ $2.09K |
-16.89% |
| 2013-12-31 | Rp42.94 Million ≈ $2.52K |
+0.65% |
| 2012-12-31 | Rp42.66 Million ≈ $2.50K |
-12.99% |
| 2011-12-31 | Rp49.03 Million ≈ $2.87K |
-8.31% |
| 2010-12-31 | Rp53.47 Million ≈ $3.13K |
+17.89% |
| 2009-12-31 | Rp45.36 Million ≈ $2.66K |
+92.98% |
| 2008-12-31 | Rp23.50 Million ≈ $1.38K |
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Equity Component Analysis
This analysis shows how different components contribute to Pelat Timah Nusantara 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 81.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.60 Million | 4.65% |
| Common Stock | Rp26.84 Million | 48.07% |
| Other Components | Rp26.41 Million | 47.29% |
| Total Equity | Rp55.85 Million | 100.00% |
Pelat Timah Nusantara Tbk Competitors by Market Cap
The table below lists competitors of Pelat Timah Nusantara Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KESM Industries Bhd
KLSE:9334
|
$44.06 Million |
|
Enlight Corp
TW:2438
|
$44.09 Million |
|
MINDMAZE THERAPEUTICS HOLDING SA
SW:MMTX
|
$44.10 Million |
|
3S KOREA Co. Ltd
KQ:060310
|
$44.12 Million |
|
SINCLAIRS HOTELS ORD (BSE)
NSE:SINCLAIR
|
$44.06 Million |
|
MACH7 Technologies Ltd
AU:M7T
|
$44.06 Million |
|
Gold Hydrogen Ltd
AU:GHY
|
$44.05 Million |
|
Kedawung Setia Industrial Tbk
JK:KDSI
|
$44.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pelat Timah Nusantara Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,760,867 to 55,848,179, a change of 87,312 (0.2%).
- Net loss of 18,852 reduced equity.
- Other comprehensive income decreased equity by 11,589,838.
- Other factors increased equity by 11,696,002.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-18.85K | -0.03% |
| Other Comprehensive Income | Rp-11.59 Million | -20.75% |
| Other Changes | Rp11.70 Million | +20.94% |
| Total Change | Rp- | 0.16% |
Book Value vs Market Value Analysis
This analysis compares Pelat Timah Nusantara 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: 13464.33x
- 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 12915.90x to 13464.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp0.02 | Rp298.00 | x |
| 2009-12-31 | Rp0.03 | Rp298.00 | x |
| 2010-12-31 | Rp0.02 | Rp298.00 | x |
| 2011-12-31 | Rp0.02 | Rp298.00 | x |
| 2012-12-31 | Rp0.02 | Rp298.00 | x |
| 2013-12-31 | Rp0.02 | Rp298.00 | x |
| 2014-12-31 | Rp0.01 | Rp298.00 | x |
| 2015-12-31 | Rp0.01 | Rp298.00 | x |
| 2016-12-31 | Rp0.02 | Rp298.00 | x |
| 2017-12-31 | Rp0.02 | Rp298.00 | x |
| 2018-12-31 | Rp0.02 | Rp298.00 | x |
| 2019-12-31 | Rp0.02 | Rp298.00 | x |
| 2020-12-31 | Rp0.02 | Rp298.00 | x |
| 2021-12-31 | Rp0.02 | Rp298.00 | x |
| 2022-12-31 | Rp0.02 | Rp298.00 | x |
| 2023-12-31 | Rp0.02 | Rp298.00 | x |
| 2024-12-31 | Rp0.02 | Rp298.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pelat Timah Nusantara 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): -0.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.01%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 2.42x
- Recent ROE (-0.03%) is below the historical average (1.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 28.00% | 4.96% | 1.85x | 3.05x | Rp4.23 Million |
| 2009 | 9.82% | 3.56% | 1.94x | 1.42x | Rp-79.90K |
| 2010 | 15.30% | 5.48% | 1.48x | 1.88x | Rp2.83 Million |
| 2011 | -4.34% | -1.52% | 1.37x | 2.07x | Rp-7.03 Million |
| 2012 | -15.16% | -4.57% | 1.28x | 2.59x | Rp-10.73 Million |
| 2013 | 0.65% | 0.16% | 1.39x | 2.90x | Rp-4.02 Million |
| 2014 | -20.02% | -4.39% | 1.34x | 3.40x | Rp-10.71 Million |
| 2015 | -16.04% | -4.38% | 1.21x | 3.04x | Rp-9.76 Million |
| 2016 | 6.30% | 1.91% | 1.10x | 2.99x | Rp-1.48 Million |
| 2017 | 3.26% | 0.90% | 1.20x | 3.03x | Rp-2.81 Million |
| 2018 | -3.57% | -0.94% | 1.10x | 3.43x | Rp-5.84 Million |
| 2019 | 5.87% | 1.64% | 1.08x | 3.32x | Rp-1.88 Million |
| 2020 | 5.62% | 1.88% | 1.10x | 2.73x | Rp-2.12 Million |
| 2021 | 10.74% | 2.78% | 1.12x | 3.44x | Rp404.57K |
| 2022 | 11.90% | 2.79% | 1.30x | 3.28x | Rp1.14 Million |
| 2023 | -6.58% | -2.14% | 1.26x | 2.44x | Rp-9.24 Million |
| 2024 | -0.03% | -0.01% | 1.15x | 2.42x | Rp-5.60 Million |
Industry Comparison
This section compares Pelat Timah Nusantara Tbk's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $169,719,734,061
- Average return on equity (ROE) among peers: 32.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pelat Timah Nusantara Tbk (NIKL) | Rp56.04 Million | 28.00% | 0.96x | $44.06 Million |
| Lionmesh Prima Tbk (LMSH) | $97.53 Billion | 42.33% | 0.32x | $1.44 Million |
| Tembaga Mulia Semanan Tbk (TBMS) | $241.91 Billion | 22.04% | 7.99x | $58.76 Million |
About Pelat Timah Nusantara Tbk
PT Pelat Timah Nusantara Tbk operates as a tinplate manufacturer in Indonesia. It offers tinplate products in the form of coils and sheets. It also exports its products. The company was founded in 1982 and is headquartered in Jakarta, Indonesia.