Pelangi Indah Canindo Tbk
PT Pelangi Indah Canindo Tbk manufactures and sells metal containers in Indonesia. It operates through Printing; Pailcan; Drum; Component; and Plastic Drum segments. The company offers steel drums, plastic drums, LPG cylinder tanks, pail cans, and general cans. It also provides general can and metal printing services. The company serves metal packaging industries. PT Pelangi Indah Canindo Tbk was… Read more
Pelangi Indah Canindo Tbk (PICO) - Net Assets
Latest net assets as of September 2025: Rp212.78 Billion IDR
Based on the latest financial reports, Pelangi Indah Canindo Tbk (PICO) has net assets worth Rp212.78 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp658.90 Billion) and total liabilities (Rp446.12 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 | Rp212.78 Billion |
| % of Total Assets | 32.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | -12.05% |
| 10-Year Change | -15.82% |
| Growth Volatility | 32.0 |
Pelangi Indah Canindo Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Pelangi Indah Canindo 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 Pelangi Indah Canindo Tbk (2000–2024)
The table below shows the annual net assets of Pelangi Indah Canindo Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp208.00 Billion | +1.49% |
| 2023-12-31 | Rp204.95 Billion | +3.08% |
| 2022-12-31 | Rp198.84 Billion | +4.94% |
| 2021-12-31 | Rp189.48 Billion | -19.88% |
| 2020-12-31 | Rp236.51 Billion | -21.59% |
| 2019-12-31 | Rp301.64 Billion | +0.69% |
| 2018-12-31 | Rp299.56 Billion | +7.11% |
| 2017-12-31 | Rp279.68 Billion | +5.21% |
| 2016-12-31 | Rp265.84 Billion | +7.59% |
| 2015-12-31 | Rp247.09 Billion | +6.92% |
| 2014-12-31 | Rp231.10 Billion | +7.80% |
| 2013-12-31 | Rp214.38 Billion | +7.67% |
| 2012-12-31 | Rp199.11 Billion | +5.96% |
| 2011-12-31 | Rp187.91 Billion | +7.02% |
| 2010-12-31 | Rp175.59 Billion | +7.36% |
| 2009-12-31 | Rp163.55 Billion | +8.39% |
| 2008-12-31 | Rp150.90 Billion | +9.42% |
| 2007-12-31 | Rp137.91 Billion | +139.18% |
| 2006-12-31 | Rp57.66 Billion | +3.37% |
| 2005-12-31 | Rp55.78 Billion | +55.99% |
| 2004-12-31 | Rp35.76 Billion | -11.76% |
| 2003-12-31 | Rp40.53 Billion | +126.07% |
| 2002-12-31 | Rp-155.44 Billion | +15.00% |
| 2001-12-31 | Rp-182.86 Billion | +0.65% |
| 2000-12-31 | Rp-184.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pelangi Indah Canindo 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 7139017300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp71.39 Billion | 34.32% |
| Common Stock | Rp130.73 Billion | 62.85% |
| Other Components | Rp5.89 Billion | 2.83% |
| Total Equity | Rp208.00 Billion | 100.00% |
Pelangi Indah Canindo Tbk Competitors by Market Cap
The table below lists competitors of Pelangi Indah Canindo Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metals One PLC
F:HT70
|
$1.44 Million |
|
Dromeas SA
AT:DROME
|
$1.45 Million |
|
BrandPilot AI Inc.
OTCQB:BPAIF
|
$1.45 Million |
|
SOFTMATIC (SFP1.SG)
STU:SFP1
|
$1.45 Million |
|
Montfort Capital Corp
PINK:MONTF
|
$1.44 Million |
|
Champion Bear Resources Ltd
PINK:CBRSF
|
$1.44 Million |
|
Ambica Agarbathies & Aroma industries Limited
NSE:AMBICAAGAR
|
$1.44 Million |
|
CubicFarm Systems Corp
PINK:CUBXF
|
$1.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pelangi Indah Canindo Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 204,951,543,140 to 208,004,423,000, a change of 3,052,879,860 (1.5%).
- Net income of 2,767,225,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp2.77 Billion | +1.33% |
| Other Changes | Rp285.65 Million | +0.14% |
| Total Change | Rp- | 1.49% |
Book Value vs Market Value Analysis
This analysis compares Pelangi Indah Canindo 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: 0.36x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp352.19 | Rp132.00 | x |
| 2013-12-31 | Rp377.19 | Rp132.00 | x |
| 2014-12-31 | Rp406.60 | Rp132.00 | x |
| 2015-12-31 | Rp428.99 | Rp132.00 | x |
| 2016-12-31 | Rp467.72 | Rp132.00 | x |
| 2017-12-31 | Rp492.08 | Rp132.00 | x |
| 2018-12-31 | Rp591.30 | Rp132.00 | x |
| 2019-12-31 | Rp530.71 | Rp132.00 | x |
| 2020-12-31 | Rp416.11 | Rp132.00 | x |
| 2021-12-31 | Rp333.37 | Rp132.00 | x |
| 2022-12-31 | Rp349.83 | Rp132.00 | x |
| 2023-12-31 | Rp335.69 | Rp132.00 | x |
| 2024-12-31 | Rp365.96 | Rp132.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pelangi Indah Canindo 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): 1.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.46%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 3.43x
- Recent ROE (1.33%) is below the historical average (2.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 3.18% | 0.76% | 0.93x | 4.50x | Rp-3.80 Billion |
| 2006 | 3.26% | 0.75% | 0.92x | 4.70x | Rp-3.89 Billion |
| 2007 | 6.18% | 2.54% | 0.74x | 3.28x | Rp-5.27 Billion |
| 2008 | 8.61% | 2.16% | 1.02x | 3.90x | Rp-2.10 Billion |
| 2009 | 7.74% | 2.08% | 1.12x | 3.32x | Rp-3.70 Billion |
| 2010 | 6.87% | 2.06% | 1.03x | 3.25x | Rp-5.50 Billion |
| 2011 | 6.72% | 2.03% | 1.11x | 2.99x | Rp-6.16 Billion |
| 2012 | 5.59% | 1.88% | 1.00x | 2.99x | Rp-8.77 Billion |
| 2013 | 7.20% | 2.26% | 1.10x | 2.90x | Rp-6.00 Billion |
| 2014 | 6.99% | 2.33% | 1.11x | 2.71x | Rp-6.96 Billion |
| 2015 | 6.06% | 2.14% | 1.15x | 2.45x | Rp-9.73 Billion |
| 2016 | 5.17% | 1.95% | 1.11x | 2.40x | Rp-12.83 Billion |
| 2017 | 6.02% | 2.25% | 1.04x | 2.58x | Rp-11.14 Billion |
| 2018 | 5.25% | 2.03% | 0.91x | 2.85x | Rp-14.23 Billion |
| 2019 | 2.48% | 0.97% | 0.68x | 3.74x | Rp-22.68 Billion |
| 2020 | -27.23% | -20.88% | 0.28x | 4.62x | Rp-88.05 Billion |
| 2021 | -25.52% | -10.61% | 0.42x | 5.67x | Rp-67.30 Billion |
| 2022 | 4.48% | 1.62% | 0.54x | 5.10x | Rp-10.98 Billion |
| 2023 | 2.76% | 1.03% | 0.74x | 3.59x | Rp-14.84 Billion |
| 2024 | 1.33% | 0.46% | 0.84x | 3.43x | Rp-18.03 Billion |
Industry Comparison
This section compares Pelangi Indah Canindo Tbk's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $514,109,495,259
- Average return on equity (ROE) among peers: 4.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pelangi Indah Canindo Tbk (PICO) | Rp212.78 Billion | 3.18% | 2.10x | $1.44 Million |
| Argha Karya Prima Ind Tbk (AKPI) | $1.11 Trillion | 2.50% | 1.60x | $3.24 Million |
| Asiaplast Industries Tbk (APLI) | $153.08 Billion | 3.60% | 0.44x | $2.70 Million |
| Berlina Tbk (BRNA) | $358.07 Billion | 14.77% | 2.73x | $11.87 Million |
| Megalestari Epack Sentosaraya Pt (EPAC) | $181.26 Billion | 1.32% | 1.05x | $2.12 Million |
| Sinergi Inti Plastindo (ESIP) | $97.22 Billion | 0.90% | 0.04x | $1.43 Million |
| Champion Pacific Indonesia Tbk (IGAR) | $116.57 Billion | 6.89% | 1.15x | $3.08 Million |
| Indopoly Swakarsa Industry Tbk (IPOL) | $177.03 Million | 0.60% | 1.10x | $6.24 Million |
| Kedawung Setia Industrial Tbk (KDSI) | $127.25 Billion | 0.00% | 2.23x | $4.33 Million |
| PT Abadi Nusantara Hijau Investama Tbk (PACK) | $54.73 Billion | 4.18% | 0.41x | $4.89 Million |
| Panca Budi Idaman Tbk PT (PBID) | $2.95 Trillion | 13.60% | 0.18x | $32.28 Million |