Destinasi Tirta Nusantara Tbk
PT Destinasi Tirta Nusantara Tbk, together with its subsidiaries, operates as a tour operator company in Indonesia, Thailand, Malaysia, and Vietnam. It offers tour and travel packages, tour guides, and transportation related services. PT Destinasi Tirta Nusantara Tbk was founded in 1999 and is headquartered in Jakarta, Indonesia. PT Destinasi Tirta Nusantara Tbk is a subsidiary of PT. Panorama Se… Read more
Destinasi Tirta Nusantara Tbk (PDES) - Net Assets
Latest net assets as of June 2025: Rp96.45 Billion IDR
Based on the latest financial reports, Destinasi Tirta Nusantara Tbk (PDES) has net assets worth Rp96.45 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp313.09 Billion) and total liabilities (Rp216.64 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 | Rp96.45 Billion |
| % of Total Assets | 30.81% |
| Annual Growth Rate | 1.61% |
| 5-Year Change | -15.36% |
| 10-Year Change | -54.92% |
| Growth Volatility | 36.84 |
Destinasi Tirta Nusantara Tbk - Net Assets Trend (2007–2024)
This chart illustrates how Destinasi Tirta Nusantara Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Destinasi Tirta Nusantara Tbk (2007–2024)
The table below shows the annual net assets of Destinasi Tirta Nusantara Tbk from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp80.39 Billion | +11.49% |
| 2023-12-31 | Rp72.11 Billion | +104.14% |
| 2022-12-31 | Rp35.32 Billion | +6.70% |
| 2021-12-31 | Rp33.11 Billion | -65.15% |
| 2020-12-31 | Rp94.98 Billion | -51.93% |
| 2019-12-31 | Rp197.58 Billion | -6.87% |
| 2018-12-31 | Rp212.15 Billion | +1.67% |
| 2017-12-31 | Rp208.67 Billion | +2.08% |
| 2016-12-31 | Rp204.41 Billion | +14.61% |
| 2015-12-31 | Rp178.35 Billion | +4.55% |
| 2014-12-31 | Rp170.59 Billion | +7.12% |
| 2013-12-31 | Rp159.26 Billion | +15.96% |
| 2012-12-31 | Rp137.34 Billion | +7.13% |
| 2011-12-31 | Rp128.19 Billion | +6.60% |
| 2010-12-31 | Rp120.25 Billion | +9.31% |
| 2009-12-31 | Rp110.00 Billion | +2.82% |
| 2008-12-31 | Rp106.99 Billion | +74.58% |
| 2007-12-31 | Rp61.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Destinasi Tirta 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 461.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp71.50 Billion | 104.47% |
| Other Comprehensive Income | Rp-5.27 Billion | -7.71% |
| Other Components | Rp29.16 Billion | 42.61% |
| Total Equity | Rp68.44 Billion | 100.00% |
Destinasi Tirta Nusantara Tbk Competitors by Market Cap
The table below lists competitors of Destinasi Tirta Nusantara Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TAIZHOU WATER GRP. H YC 1
F:GX5
|
$4.23 Million |
|
Minim Inc
NASDAQ:MINM
|
$4.23 Million |
|
Menif Financial Services Ltd
TA:MNIF
|
$4.24 Million |
|
Bhuwanatala Indah Permai Tbk
JK:BIPP
|
$4.24 Million |
|
X1 Esports and Entertainment Ltd.
PINK:XOEEF
|
$4.23 Million |
|
Labor Smart Inc
PINK:LTNC
|
$4.23 Million |
|
Metal Bank Ltd
AU:MBK
|
$4.23 Million |
|
The Goodheart-Willcox Company Inc
PINK:GWOX
|
$4.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Destinasi Tirta Nusantara Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,976,514,000 to 68,439,346,000, a change of 1,462,832,000 (2.2%).
- Net income of 9,761,010,000 contributed positively to equity growth.
- Dividend payments of 6,807,888,000 reduced retained earnings.
- Other comprehensive income decreased equity by 8,206,724,000.
- Other factors increased equity by 6,716,434,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp9.76 Billion | +14.26% |
| Dividends Paid | Rp6.81 Billion | -9.95% |
| Other Comprehensive Income | Rp-8.21 Billion | -11.99% |
| Other Changes | Rp6.72 Billion | +9.81% |
| Total Change | Rp- | 2.18% |
Book Value vs Market Value Analysis
This analysis compares Destinasi Tirta 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: 5.54x
- 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 2.92x to 5.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp181.45 | Rp530.00 | x |
| 2013-12-31 | Rp223.34 | Rp530.00 | x |
| 2014-12-31 | Rp240.41 | Rp530.00 | x |
| 2015-12-31 | Rp254.44 | Rp530.00 | x |
| 2016-12-31 | Rp290.88 | Rp530.00 | x |
| 2017-12-31 | Rp295.82 | Rp530.00 | x |
| 2018-12-31 | Rp301.34 | Rp530.00 | x |
| 2019-12-31 | Rp281.49 | Rp530.00 | x |
| 2020-12-31 | Rp142.78 | Rp530.00 | x |
| 2021-12-31 | Rp59.96 | Rp530.00 | x |
| 2022-12-31 | Rp58.25 | Rp530.00 | x |
| 2023-12-31 | Rp93.67 | Rp530.00 | x |
| 2024-12-31 | Rp95.72 | Rp530.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Destinasi Tirta 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): 14.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.18%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 4.57x
- Recent ROE (14.26%) is above the historical average (-5.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 12.50% | 5.24% | 1.22x | 1.95x | Rp1.44 Billion |
| 2008 | 5.78% | 3.09% | 1.12x | 1.67x | Rp-4.39 Billion |
| 2009 | 3.72% | 1.73% | 1.35x | 1.59x | Rp-6.77 Billion |
| 2010 | 3.91% | 1.66% | 1.27x | 1.85x | Rp-6.85 Billion |
| 2011 | 7.30% | 3.49% | 1.03x | 2.03x | Rp-3.27 Billion |
| 2012 | 6.49% | 3.00% | 1.22x | 1.77x | Rp-4.56 Billion |
| 2013 | 12.30% | 6.58% | 1.01x | 1.85x | Rp3.67 Billion |
| 2014 | 7.97% | 4.14% | 0.99x | 1.95x | Rp-3.50 Billion |
| 2015 | 5.00% | 2.72% | 0.85x | 2.17x | Rp-9.09 Billion |
| 2016 | 12.32% | 5.09% | 1.08x | 2.25x | Rp4.82 Billion |
| 2017 | 14.09% | 5.87% | 1.09x | 2.20x | Rp8.66 Billion |
| 2018 | 1.63% | 0.68% | 1.13x | 2.12x | Rp-18.03 Billion |
| 2019 | -7.36% | -3.21% | 1.02x | 2.24x | Rp-34.93 Billion |
| 2020 | -81.64% | -113.66% | 0.22x | 3.32x | Rp-93.56 Billion |
| 2021 | -141.33% | -652.89% | 0.03x | 6.70x | Rp-64.88 Billion |
| 2022 | -5.50% | -1.52% | 0.57x | 6.39x | Rp-6.46 Billion |
| 2023 | 35.68% | 6.49% | 1.39x | 3.97x | Rp17.20 Billion |
| 2024 | 14.26% | 2.18% | 1.43x | 4.57x | Rp2.92 Billion |
Industry Comparison
This section compares Destinasi Tirta Nusantara Tbk's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $231,990,433,512
- Average return on equity (ROE) among peers: -9.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Destinasi Tirta Nusantara Tbk (PDES) | Rp96.45 Billion | 12.50% | 2.25x | $4.23 Million |
| Bayu Buana Tbk (BAYU) | $398.13 Billion | 0.42% | 0.74x | $21.86 Million |
| PT Arsy Buana Travelindo Tbk (HAJJ) | $154.05 Billion | 0.82% | 3.19x | $5.18 Million |
| Panorama Sentrawisata Tbk (PANR) | $127.81 Billion | 0.33% | 0.77x | $9.37 Million |
| Tourindo Guide Indonesia Pt (PGJO) | $6.61 Billion | -67.07% | 0.24x | $9.97 Million |
| Sona Topas Tourism Industry (SONA) | $99.75 Billion | 6.59% | 2.81x | $7.08 Million |
| Yelooo Integra Datanet Tbk PT (YELO) | $605.59 Billion | 0.04% | 0.71x | $6.13 Million |