Panin Sekuritas Tbk (PANS) - Net Assets
Based on the latest financial reports, Panin Sekuritas Tbk (PANS) has net assets worth Rp1.57 Trillion IDR (≈ $91.73 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 (Rp2.84 Trillion ≈ $166.65 Million USD) and total liabilities (Rp1.28 Trillion ≈ $74.91 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 Panin Sekuritas Tbk (PANS) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp1.57 Trillion |
| % of Total Assets | 55.05% |
| Annual Growth Rate | 12.78% |
| 5-Year Change | 13.57% |
| 10-Year Change | 48.02% |
| Growth Volatility | 16.07 |
Panin Sekuritas Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Panin Sekuritas Tbk's net assets have evolved over time, based on quarterly financial data. Also explore Panin Sekuritas Tbk assets under control for the complete picture of this company's asset base.
Annual Net Assets for Panin Sekuritas Tbk (2000–2024)
The table below shows the annual net assets of Panin Sekuritas Tbk from 2000 to 2024. For live valuation and market cap data, see market value of Panin Sekuritas Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.56 Trillion ≈ $91.14 Million |
-0.69% |
| 2023-12-31 | Rp1.57 Trillion ≈ $91.77 Million |
-2.15% |
| 2022-12-31 | Rp1.60 Trillion ≈ $93.78 Million |
+9.92% |
| 2021-12-31 | Rp1.46 Trillion ≈ $85.32 Million |
+6.33% |
| 2020-12-31 | Rp1.37 Trillion ≈ $80.25 Million |
+1.17% |
| 2019-12-31 | Rp1.35 Trillion ≈ $79.32 Million |
+4.40% |
| 2018-12-31 | Rp1.30 Trillion ≈ $75.98 Million |
+0.11% |
| 2017-12-31 | Rp1.30 Trillion ≈ $75.90 Million |
+3.77% |
| 2016-12-31 | Rp1.25 Trillion ≈ $73.14 Million |
+18.78% |
| 2015-12-31 | Rp1.05 Trillion ≈ $61.57 Million |
-19.94% |
| 2014-12-31 | Rp1.31 Trillion ≈ $76.90 Million |
+27.36% |
| 2013-12-31 | Rp1.03 Trillion ≈ $60.38 Million |
+8.18% |
| 2012-12-31 | Rp952.60 Billion ≈ $55.82 Million |
+21.39% |
| 2011-12-31 | Rp784.76 Billion ≈ $45.98 Million |
+23.29% |
| 2010-12-31 | Rp636.50 Billion ≈ $37.30 Million |
+45.71% |
| 2009-12-31 | Rp436.84 Billion ≈ $25.60 Million |
+43.40% |
| 2008-12-31 | Rp304.62 Billion ≈ $17.85 Million |
+6.38% |
| 2007-12-31 | Rp286.34 Billion ≈ $16.78 Million |
+36.33% |
| 2006-12-31 | Rp210.03 Billion ≈ $12.31 Million |
+37.51% |
| 2005-12-31 | Rp152.74 Billion ≈ $8.95 Million |
+22.40% |
| 2004-12-31 | Rp124.79 Billion ≈ $7.31 Million |
+21.09% |
| 2003-12-31 | Rp103.06 Billion ≈ $6.04 Million |
+18.58% |
| 2001-12-31 | Rp86.91 Billion ≈ $5.09 Million |
+0.29% |
| 2000-12-31 | Rp86.66 Billion ≈ $5.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Panin Sekuritas 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 27710.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.41 Trillion | 93.53% |
| Common Stock | Rp90.00 Billion | 5.97% |
| Other Comprehensive Income | Rp26.90 Billion | 1.78% |
| Total Equity | Rp1.51 Trillion | 100.00% |
Panin Sekuritas Tbk Competitors by Market Cap
The table below lists competitors of Panin Sekuritas Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Muda Holdings Bhd
KLSE:3883
|
$72.76 Million |
|
Miko NV
BR:MIKO
|
$72.78 Million |
|
SEOHAN Const. & Eng.co.Ltd
KQ:011370
|
$72.78 Million |
|
Income Opportunity Realty Investors
NYSE MKT:IOR
|
$72.78 Million |
|
Apollo Power Ltd
TA:APLP
|
$72.72 Million |
|
Vivid Seats Inc
NASDAQ:SEAT
|
$72.72 Million |
|
Alterity Therapeutics Ltd
NASDAQ:ATHE
|
$72.71 Million |
|
Bookook Securities Co Ltd
KO:001275
|
$72.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Panin Sekuritas Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,523,284,888,767 to 1,508,588,914,000, a change of -14,695,974,767 (-1.0%).
- Net income of 113,182,439,000 contributed positively to equity growth.
- Dividend payments of 128,057,184,000 reduced retained earnings.
- Other comprehensive income increased equity by 8,308,454,977.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp113.18 Billion | +7.5% |
| Dividends Paid | Rp128.06 Billion | -8.49% |
| Other Comprehensive Income | Rp8.31 Billion | +0.55% |
| Other Changes | Rp-8.13 Billion | -0.54% |
| Total Change | Rp- | -0.96% |
Book Value vs Market Value Analysis
This analysis compares Panin Sekuritas 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: 0.82x
- 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 decreased from 10.12x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Rp172.36 | Rp1745.00 | x |
| 2005-12-31 | Rp211.13 | Rp1745.00 | x |
| 2006-12-31 | Rp290.38 | Rp1745.00 | x |
| 2007-12-31 | Rp396.11 | Rp1745.00 | x |
| 2008-12-31 | Rp421.77 | Rp1745.00 | x |
| 2009-12-31 | Rp604.22 | Rp1745.00 | x |
| 2010-12-31 | Rp879.87 | Rp1745.00 | x |
| 2011-12-31 | Rp1079.17 | Rp1745.00 | x |
| 2012-12-31 | Rp1299.84 | Rp1745.00 | x |
| 2013-12-31 | Rp1400.11 | Rp1745.00 | x |
| 2014-12-31 | Rp1781.61 | Rp1745.00 | x |
| 2015-12-31 | Rp1425.71 | Rp1745.00 | x |
| 2016-12-31 | Rp1719.89 | Rp1745.00 | x |
| 2017-12-31 | Rp1785.85 | Rp1745.00 | x |
| 2018-12-31 | Rp1785.90 | Rp1745.00 | x |
| 2019-12-31 | Rp1864.31 | Rp1745.00 | x |
| 2020-12-31 | Rp1883.38 | Rp1745.00 | x |
| 2021-12-31 | Rp1996.34 | Rp1745.00 | x |
| 2022-12-31 | Rp2190.74 | Rp1745.00 | x |
| 2023-12-31 | Rp2141.16 | Rp1745.00 | x |
| 2024-12-31 | Rp2120.51 | Rp1745.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Panin Sekuritas 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): 7.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.84%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.33x
- Recent ROE (7.50%) is below the historical average (17.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.56% | 50.17% | 0.15x | 1.52x | Rp1.35 Billion |
| 2001 | 11.03% | 55.90% | 0.15x | 1.29x | Rp892.41 Million |
| 2003 | 18.40% | 47.94% | 0.13x | 2.93x | Rp8.66 Billion |
| 2004 | 19.77% | 75.81% | 0.11x | 2.42x | Rp12.12 Billion |
| 2005 | 20.73% | 60.93% | 0.11x | 3.16x | Rp16.31 Billion |
| 2006 | 29.87% | 70.91% | 0.11x | 3.74x | Rp41.55 Billion |
| 2007 | 30.48% | 51.57% | 0.13x | 4.55x | Rp58.40 Billion |
| 2008 | 12.01% | 21.13% | 0.18x | 3.07x | Rp6.11 Billion |
| 2009 | 34.33% | 142.12% | 0.10x | 2.37x | Rp105.86 Billion |
| 2010 | 37.81% | 123.28% | 0.14x | 2.23x | Rp176.18 Billion |
| 2011 | 25.88% | 96.83% | 0.13x | 2.01x | Rp123.39 Billion |
| 2012 | 24.67% | 81.82% | 0.17x | 1.78x | Rp137.30 Billion |
| 2013 | 18.95% | 52.62% | 0.26x | 1.36x | Rp90.19 Billion |
| 2014 | 27.87% | 88.74% | 0.22x | 1.42x | Rp229.23 Billion |
| 2015 | 6.17% | 16.94% | 0.25x | 1.43x | Rp-39.30 Billion |
| 2016 | 20.70% | 70.68% | 0.15x | 1.93x | Rp131.53 Billion |
| 2017 | 13.89% | 59.42% | 0.11x | 2.06x | Rp49.60 Billion |
| 2018 | 6.63% | 25.57% | 0.15x | 1.77x | Rp-43.03 Billion |
| 2019 | 9.57% | 40.96% | 0.13x | 1.75x | Rp-5.78 Billion |
| 2020 | 6.21% | 28.64% | 0.10x | 2.20x | Rp-50.98 Billion |
| 2021 | 10.63% | 41.33% | 0.18x | 1.44x | Rp9.01 Billion |
| 2022 | 15.88% | 71.27% | 0.17x | 1.34x | Rp91.95 Billion |
| 2023 | 8.56% | 40.98% | 0.14x | 1.47x | Rp-21.91 Billion |
| 2024 | 7.50% | 34.84% | 0.16x | 1.33x | Rp-37.68 Billion |
Industry Comparison
This section compares Panin Sekuritas Tbk's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $293,252,150,637
- Average return on equity (ROE) among peers: 2.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Panin Sekuritas Tbk (PANS) | Rp1.57 Trillion | 11.56% | 0.82x | $72.74 Million |
| Lenox Pasifik Investama Tbk PT (LPPS) | $43.47 Billion | 16.52% | 3.81x | $5.72 Million |
| Minna Padi Investama Tbk (PADI) | $524.06 Billion | 4.05% | 0.04x | $71.56 Million |
| Panca Global Securities Tbk (PEGE) | $143.56 Billion | 14.01% | 0.68x | $24.57 Million |
| Reliance Securities Tbk (RELI) | $470.03 Billion | -20.24% | 0.36x | $53.26 Million |
| Trimegah Securities Tbk (TRIM) | $822.34 Billion | 3.44% | 2.30x | $237.45 Million |
| Nusantara Inti Corpora Tbk (UNIT) | $242.97 Million | 0.17% | 0.90x | $1.40 Million |
| Yulie Sekurindo Tbk (YULE) | $49.05 Billion | 1.95% | 0.15x | $313.44 Million |
About Panin Sekuritas Tbk
PT Panin Sekuritas Tbk, together with its subsidiaries, provides securities brokerage, underwriting, and investment management services in Indonesia. It engages in the stock, fixed income, and margin trading; regular and sharia online trading; corporate finance and e-IPO; and reverse REPO activities. The company also provides asset management services. In addition, it offers construction, agricul… Read more