Multi Makmur Lemindo
PT. Multi Makmur Lemindo engages in the production and distribution of pipes made of Polymervinyl Chloride and its accessories, and other building material products. The company develops and markets PVC pipes, PVC fittings, PVC hose, cast and clear buckets, gutters, PVC pipe glue and wood glue, HDPE pipe, water tanks, and other products. It provides building products for property, manufacturing, … Read more
Multi Makmur Lemindo (PIPA) - Net Assets
Latest net assets as of September 2025: Rp149.54 Billion IDR
Based on the latest financial reports, Multi Makmur Lemindo (PIPA) has net assets worth Rp149.54 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 (Rp173.04 Billion) and total liabilities (Rp23.50 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 | Rp149.54 Billion |
| % of Total Assets | 86.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8156.16 |
Multi Makmur Lemindo - Net Assets Trend (2019–2024)
This chart illustrates how Multi Makmur Lemindo's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Multi Makmur Lemindo (2019–2024)
The table below shows the annual net assets of Multi Makmur Lemindo from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp146.68 Billion | +0.30% |
| 2023-12-31 | Rp146.24 Billion | +181.03% |
| 2022-12-31 | Rp52.04 Billion | +17391.79% |
| 2021-12-31 | Rp297.49 Million | +123.10% |
| 2020-12-31 | Rp-1.29 Billion | +55.84% |
| 2019-12-31 | Rp-2.92 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Multi Makmur Lemindo'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 574359332000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.93 Billion | 2.00% |
| Common Stock | Rp68.50 Billion | 46.70% |
| Other Components | Rp75.25 Billion | 51.31% |
| Total Equity | Rp146.68 Billion | 100.00% |
Multi Makmur Lemindo Competitors by Market Cap
The table below lists competitors of Multi Makmur Lemindo ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pegasus Heights Bhd
KLSE:4464
|
$12.01 Million |
|
YSX Tech. Co., Ltd Class A Ordinary Shares
NASDAQ:YSXT
|
$12.02 Million |
|
Less Mess Storage Inc.
V:LMS
|
$12.02 Million |
|
Tipco Foods Public Company Limited
BK:TIPCO
|
$12.02 Million |
|
Arvee Laboratories (India) Limited
NSE:ARVEE
|
$12.01 Million |
|
MetaLabs Co Ltd
KO:090370
|
$12.01 Million |
|
Bridgford Foods Corporation
NASDAQ:BRID
|
$12.01 Million |
|
Urban One
NASDAQ:UONE
|
$12.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Multi Makmur Lemindo's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 146,239,552,670 to 146,681,485,170, a change of 441,932,500 (0.3%).
- Net income of 313,278,420 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp313.28 Million | +0.21% |
| Other Changes | Rp128.65 Million | +0.09% |
| Total Change | Rp- | 0.30% |
Book Value vs Market Value Analysis
This analysis compares Multi Makmur Lemindo'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: 2.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp-0.85 | Rp118.00 | x |
| 2020-12-31 | Rp-0.38 | Rp118.00 | x |
| 2021-12-31 | Rp0.09 | Rp118.00 | x |
| 2022-12-31 | Rp15.19 | Rp118.00 | x |
| 2023-12-31 | Rp42.70 | Rp118.00 | x |
| 2024-12-31 | Rp42.83 | Rp118.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Multi Makmur Lemindo 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): 0.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.16%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.19x
- Recent ROE (0.21%) is below the historical average (102.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 3.98% | 1.86x | 0.00x | Rp2.60 Billion |
| 2020 | 0.00% | 3.47% | 1.78x | 0.00x | Rp1.49 Billion |
| 2021 | 610.60% | 4.71% | 1.50x | 86.55x | Rp1.79 Billion |
| 2022 | 3.43% | 4.57% | 0.41x | 1.81x | Rp-3.42 Billion |
| 2023 | 0.34% | 1.57% | 0.18x | 1.23x | Rp-14.12 Billion |
| 2024 | 0.21% | 1.16% | 0.15x | 1.19x | Rp-14.35 Billion |
Industry Comparison
This section compares Multi Makmur Lemindo's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $878,346,815,922
- Average return on equity (ROE) among peers: -9.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Multi Makmur Lemindo (PIPA) | Rp149.54 Billion | 0.00% | 0.16x | $12.01 Million |
| Arwana Citramulia Tbk (ARNA) | $1.03 Trillion | 11.74% | 0.56x | $102.24 Million |
| Cahayaputra Asa Keramik Tbk PT (CAKK) | $-40.53 Billion | 0.00% | 0.00x | $1.33 Million |
| Intikeramik Alamasri Industri (IKAI) | $69.03 Billion | -156.16% | 4.65x | $13.85 Million |
| Impack Pratama Industri Tbk (IMPC) | $2.49 Trillion | 17.31% | 0.45x | $1.14 Billion |
| Keramika Indonesia Assosiasi (KIAS) | $1.52 Trillion | -15.80% | 0.22x | $176.71K |
| Kokoh Inti Arebama Tbk (KOIN) | $118.80 Billion | 4.98% | 3.50x | $486.34K |
| Ace Oldfields PT (KUAS) | $149.15 Billion | 5.27% | 0.81x | $4.25 Million |
| PT Mulia Industrindo Tbk (MLIA) | $2.53 Trillion | 5.00% | 1.27x | $39.15 Million |
| Surya Toto Indonesia Tbk (TOTO) | $38.62 Billion | 39.98% | 12.61x | $13.49 Million |