Pelangi Indah Canindo Tbk (PICO) - Net Assets
Based on the latest financial reports, Pelangi Indah Canindo Tbk (PICO) has net assets worth Rp211.23 Billion IDR (≈ $12.38 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp673.21 Billion ≈ $39.45 Million USD) and total liabilities (Rp461.98 Billion ≈ $27.07 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. Also explore Pelangi Indah Canindo Tbk asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp211.23 Billion |
| % of Total Assets | 31.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | 10.69% |
| 10-Year Change | -21.11% |
| Growth Volatility | 31.34 |
Pelangi Indah Canindo Tbk - Net Assets Trend (2000–2025)
This chart illustrates how Pelangi Indah Canindo Tbk's net assets have evolved over time, based on quarterly financial data. Check Pelangi Indah Canindo Tbk tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Pelangi Indah Canindo Tbk (2000–2025)
The table below shows the annual net assets of Pelangi Indah Canindo Tbk from 2000 to 2025. For live valuation and market cap data, see Pelangi Indah Canindo Tbk market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp209.73 Billion ≈ $12.29 Million |
+0.83% |
| 2024-12-31 | Rp208.00 Billion ≈ $12.19 Million |
+1.49% |
| 2023-12-31 | Rp204.95 Billion ≈ $12.01 Million |
+3.08% |
| 2022-12-31 | Rp198.84 Billion ≈ $11.65 Million |
+4.94% |
| 2021-12-31 | Rp189.48 Billion ≈ $11.10 Million |
-19.88% |
| 2020-12-31 | Rp236.51 Billion ≈ $13.86 Million |
-21.59% |
| 2019-12-31 | Rp301.64 Billion ≈ $17.67 Million |
+0.69% |
| 2018-12-31 | Rp299.56 Billion ≈ $17.55 Million |
+7.11% |
| 2017-12-31 | Rp279.68 Billion ≈ $16.39 Million |
+5.21% |
| 2016-12-31 | Rp265.84 Billion ≈ $15.58 Million |
+7.59% |
| 2015-12-31 | Rp247.09 Billion ≈ $14.48 Million |
+6.92% |
| 2014-12-31 | Rp231.10 Billion ≈ $13.54 Million |
+7.80% |
| 2013-12-31 | Rp214.38 Billion ≈ $12.56 Million |
+7.67% |
| 2012-12-31 | Rp199.11 Billion ≈ $11.67 Million |
+5.96% |
| 2011-12-31 | Rp187.91 Billion ≈ $11.01 Million |
+7.02% |
| 2010-12-31 | Rp175.59 Billion ≈ $10.29 Million |
+7.36% |
| 2009-12-31 | Rp163.55 Billion ≈ $9.58 Million |
+8.39% |
| 2008-12-31 | Rp150.90 Billion ≈ $8.84 Million |
+9.42% |
| 2007-12-31 | Rp137.91 Billion ≈ $8.08 Million |
+139.18% |
| 2006-12-31 | Rp57.66 Billion ≈ $3.38 Million |
+3.37% |
| 2005-12-31 | Rp55.78 Billion ≈ $3.27 Million |
+55.99% |
| 2004-12-31 | Rp35.76 Billion ≈ $2.10 Million |
-11.76% |
| 2003-12-31 | Rp40.53 Billion ≈ $2.37 Million |
+126.07% |
| 2002-12-31 | Rp-155.44 Billion ≈ $-9.11 Million |
+15.00% |
| 2001-12-31 | Rp-182.86 Billion ≈ $-10.71 Million |
+0.65% |
| 2000-12-31 | Rp-184.06 Billion ≈ $-10.79 Million |
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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 7311328100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp73.11 Billion | 34.86% |
| Common Stock | Rp130.73 Billion | 62.33% |
| Other Components | Rp5.89 Billion | 2.81% |
| Total Equity | Rp209.73 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 |
|---|---|
|
CASI Pharmaceuticals Inc
NASDAQ:CASI
|
$4.26 Million |
|
Banzai International Inc
NASDAQ:BNZI
|
$4.27 Million |
|
MEMPHASYS LTD
F:IG7
|
$4.27 Million |
|
Benjamin Hornigold Ltd
AU:BHD
|
$4.27 Million |
|
Sego Resources Inc
V:SGZ
|
$4.26 Million |
|
Winshear Gold Corp
V:WINS
|
$4.26 Million |
|
Alliance Pharma plc
LSE:APH
|
$4.26 Million |
|
Pinewood Technologies Group PLC
LSE:PINE
|
$4.26 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 2024 to 2025, total equity changed from 208,004,423,000 to 209,727,531,000, a change of 1,723,108,000 (0.8%).
- Net income of 4,992,596,000 contributed positively to equity growth.
- Other factors decreased equity by 3,269,488,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp4.99 Billion | +2.38% |
| Other Changes | Rp-3.27 Billion | -1.56% |
| Total Change | Rp- | 0.83% |
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: 0.35x
- 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 | Rp128.00 | x |
| 2013-12-31 | Rp377.19 | Rp128.00 | x |
| 2014-12-31 | Rp406.60 | Rp128.00 | x |
| 2015-12-31 | Rp428.99 | Rp128.00 | x |
| 2016-12-31 | Rp467.72 | Rp128.00 | x |
| 2017-12-31 | Rp492.08 | Rp128.00 | x |
| 2018-12-31 | Rp591.30 | Rp128.00 | x |
| 2019-12-31 | Rp530.71 | Rp128.00 | x |
| 2020-12-31 | Rp416.11 | Rp128.00 | x |
| 2021-12-31 | Rp333.37 | Rp128.00 | x |
| 2022-12-31 | Rp349.83 | Rp128.00 | x |
| 2023-12-31 | Rp335.69 | Rp128.00 | x |
| 2024-12-31 | Rp365.96 | Rp128.00 | x |
| 2025-12-31 | Rp368.99 | Rp128.00 | 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): 2.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.86%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 3.18x
- Recent ROE (2.38%) is above the historical average (2.17%), indicating improving 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 |
| 2025 | 2.38% | 0.86% | 0.87x | 3.18x | Rp-15.98 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: $582,100,604,306
- Average return on equity (ROE) among peers: 3.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pelangi Indah Canindo Tbk (PICO) | Rp211.23 Billion | 3.18% | 2.19x | $4.26 Million |
| Argha Karya Prima Ind Tbk (AKPI) | $648.61 Billion | 2.25% | 1.25x | $17.72 Million |
| Asiaplast Industries Tbk (APLI) | $265.74 Billion | 9.45% | 0.44x | $19.96 Million |
| Berlina Tbk (BRNA) | $766.72 Billion | -21.59% | 1.56x | $34.14 Million |
| Megalestari Epack Sentosaraya Pt (EPAC) | $181.26 Billion | 1.32% | 1.05x | $13.16 Million |
| Sinergi Inti Plastindo (ESIP) | $53.53 Billion | 1.14% | 0.58x | $8.72 Million |
| Champion Pacific Indonesia Tbk (IGAR) | $116.57 Billion | 6.89% | 1.15x | $23.16 Million |
| Indopoly Swakarsa Industry Tbk (IPOL) | $141.02 Million | 5.14% | 1.01x | $39.64 Million |
| Kedawung Setia Industrial Tbk (KDSI) | $485.54 Billion | 14.20% | 1.74x | $42.34 Million |
| Panca Budi Idaman Tbk PT (PBID) | $2.95 Trillion | 13.60% | 0.18x | $215.34 Million |
| PT Primadaya Plastisindo Tbk (PDPP) | $357.72 Billion | 5.76% | 0.27x | $47.36 Million |
About Pelangi Indah Canindo Tbk
PT Pelangi Indah Canindo Tbk manufactures and sells metal packaging products 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 food cans. It also provides metal printing services. PT Pelangi Indah Canindo Tbk was founded in 1983 and is headquartered in Jakarta, Indonesi… Read more