Tourindo Guide Indonesia Pt (PGJO) - Net Assets
Based on the latest financial reports, Tourindo Guide Indonesia Pt (PGJO) has net assets worth Rp2.87 Billion IDR (≈ $168.06K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp4.86 Billion ≈ $284.85K USD) and total liabilities (Rp1.99 Billion ≈ $116.80K 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. Read how much debt does Tourindo Guide Indonesia Pt carry for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp2.87 Billion |
| % of Total Assets | 59.0% |
| Annual Growth Rate | 53.56% |
| 5-Year Change | -75.19% |
| 10-Year Change | N/A |
| Growth Volatility | 165.19 |
Tourindo Guide Indonesia Pt - Net Assets Trend (2017–2024)
This chart illustrates how Tourindo Guide Indonesia Pt's net assets have evolved over time, based on quarterly financial data. Also explore Tourindo Guide Indonesia Pt balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Tourindo Guide Indonesia Pt (2017–2024)
The table below shows the annual net assets of Tourindo Guide Indonesia Pt from 2017 to 2024. For live valuation and market cap data, see market cap of Tourindo Guide Indonesia Pt.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.74 Billion ≈ $160.49K |
-61.86% |
| 2023-12-31 | Rp7.18 Billion ≈ $420.84K |
-47.79% |
| 2022-12-31 | Rp13.76 Billion ≈ $806.05K |
-35.88% |
| 2021-12-31 | Rp21.45 Billion ≈ $1.26 Million |
+94.30% |
| 2020-12-31 | Rp11.04 Billion ≈ $647.00K |
+66.97% |
| 2019-12-31 | Rp6.61 Billion ≈ $387.50K |
+1662.89% |
| 2018-12-31 | Rp-423.13 Million ≈ $-24.79K |
-411.09% |
| 2017-12-31 | Rp136.02 Million ≈ $7.97K |
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Equity Component Analysis
This analysis shows how different components contribute to Tourindo Guide Indonesia Pt'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 4597735918100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp47.81 Billion | 1745.66% |
| Other Comprehensive Income | Rp-12.69 Million | -0.46% |
| Other Components | Rp932.40 Million | 34.04% |
| Total Equity | Rp2.74 Billion | 100.00% |
Tourindo Guide Indonesia Pt Competitors by Market Cap
The table below lists competitors of Tourindo Guide Indonesia Pt ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Panjawattana Plastic Public Company Limited
BK:PJW
|
$37.55 Million |
|
Eastern Star Real Estate Public Company Limited
BK:ESTAR
|
$37.57 Million |
|
Cellumed Co. Ltd
KQ:049180
|
$37.57 Million |
|
Petrolia SE
OL:PSE
|
$37.58 Million |
|
Unitron Tech Co Ltd
KQ:142210
|
$37.54 Million |
|
Feerum S.A.
WAR:FEE
|
$37.54 Million |
|
Ostim Endustriyel Yatirimlar ve Isletme AS
IS:OSTIM
|
$37.53 Million |
|
Tracxn Technologies Limited
NSE:TRACXN
|
$37.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tourindo Guide Indonesia Pt's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,181,977,304 to 2,738,819,924, a change of -4,443,157,380 (-61.9%).
- Net loss of 5,060,276,177 reduced equity.
- Share repurchases of 547,200,000 reduced equity.
- Other comprehensive income decreased equity by 73,448.
- Other factors increased equity by 1,164,392,245.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-5.06 Billion | -184.76% |
| Share Repurchases | Rp547.20 Million | -19.98% |
| Other Comprehensive Income | Rp-73.45K | -0.0% |
| Other Changes | Rp1.16 Billion | +42.51% |
| Total Change | Rp- | -61.87% |
Book Value vs Market Value Analysis
This analysis compares Tourindo Guide Indonesia Pt'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: 226.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Rp-1.96 | Rp805.00 | x |
| 2019-12-31 | Rp47.19 | Rp805.00 | x |
| 2020-12-31 | Rp22.85 | Rp805.00 | x |
| 2021-12-31 | Rp32.26 | Rp805.00 | x |
| 2022-12-31 | Rp18.28 | Rp805.00 | x |
| 2023-12-31 | Rp9.39 | Rp805.00 | x |
| 2024-12-31 | Rp3.55 | Rp805.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tourindo Guide Indonesia Pt 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): -184.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -261.38%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.84x
- Recent ROE (-184.76%) is below the historical average (-68.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -12.34% | 0.00% | 0.00x | 1.00x | Rp-30.38 Million |
| 2018 | 0.00% | -4980.79% | 0.01x | 0.00x | Rp-1.37 Billion |
| 2019 | -67.07% | -4411.52% | 0.01x | 1.24x | Rp-5.10 Billion |
| 2020 | -68.53% | -7309.21% | 0.01x | 1.04x | Rp-8.67 Billion |
| 2021 | -49.02% | -1172.61% | 0.04x | 1.03x | Rp-12.66 Billion |
| 2022 | -74.01% | -381.13% | 0.19x | 1.04x | Rp-11.54 Billion |
| 2023 | -93.04% | -67.14% | 1.20x | 1.15x | Rp-7.40 Billion |
| 2024 | -184.76% | -261.38% | 0.38x | 1.84x | Rp-5.33 Billion |
Industry Comparison
This section compares Tourindo Guide Indonesia Pt's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $441,938,223,011
- Average return on equity (ROE) among peers: 5.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tourindo Guide Indonesia Pt (PGJO) | Rp2.87 Billion | -12.34% | 0.69x | $37.54 Million |
| Bayu Buana Tbk (BAYU) | $558.17 Billion | 18.89% | 0.72x | $28.25 Million |
| Panorama Sentrawisata Tbk (PANR) | $708.61 Billion | -25.12% | 1.52x | $41.46 Million |
| Destinasi Tirta Nusantara Tbk (PDES) | $204.41 Billion | 12.53% | 1.29x | $21.37 Million |
| Sona Topas Tourism Industry (SONA) | $657.97 Billion | 16.46% | 0.66x | $100.14 Million |
| Yelooo Integra Datanet Tbk PT (YELO) | $80.53 Billion | 3.71% | 0.07x | $11.54 Million |
About Tourindo Guide Indonesia Pt
PT Bahtera Bumi Raya Tbk operates as a technology-based company in the field of tourism in Indonesia. It provides flight ticket, travel tour package, event, train ticket, and other services. PT Bahtera Bumi Raya Tbk was formerly known as PT Tourindo Guide Indonesia Tbk and changed its name to PT Bahtera Bumi Raya Tbk in September 2025. The company was founded in 2017 and is headquartered in Jakar… Read more