Polaris Investama Tbk
PT Polaris Investama Tbk operates in the investment business in Indonesia. It engages in securities broker-dealing and underwriting, property development, and trading businesses. The company was formerly known as PT. Redland Asia Capital Tbk No. 1 and changed its name to PT Polaris Investama Tbk in December 2008. PT Polaris Investama Tbk was founded in 1992 and is headquartered in Jakarta, Indone… Read more
Polaris Investama Tbk (PLAS) - Net Assets
Latest net assets as of June 2020: Rp153.99 Billion IDR
Based on the latest financial reports, Polaris Investama Tbk (PLAS) has net assets worth Rp153.99 Billion IDR as of June 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp185.25 Billion) and total liabilities (Rp31.27 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 | Rp153.99 Billion |
| % of Total Assets | 83.12% |
| Annual Growth Rate | -5.06% |
| 5-Year Change | -31.33% |
| 10-Year Change | N/A |
| Growth Volatility | 7.31 |
Polaris Investama Tbk - Net Assets Trend (2012–2019)
This chart illustrates how Polaris Investama 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 Polaris Investama Tbk (2012–2019)
The table below shows the annual net assets of Polaris Investama Tbk from 2012 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | Rp155.48 Billion | +0.24% |
| 2018-12-31 | Rp155.10 Billion | -19.54% |
| 2017-12-31 | Rp192.76 Billion | -7.16% |
| 2016-12-31 | Rp207.63 Billion | -8.30% |
| 2015-12-31 | Rp226.42 Billion | -4.00% |
| 2014-12-31 | Rp235.85 Billion | +2.59% |
| 2013-12-31 | Rp229.91 Billion | +2.84% |
| 2012-12-31 | Rp223.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Polaris Investama 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 76.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp11.61 Billion | 7.05% |
| Common Stock | Rp140.92 Billion | 85.50% |
| Other Components | Rp12.28 Billion | 7.45% |
| Total Equity | Rp164.81 Billion | 100.00% |
Polaris Investama Tbk Competitors by Market Cap
The table below lists competitors of Polaris Investama Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SAMSUNG EPISHOLDINGS CO LTD
KO:0126Z0
|
$3.26 Million |
|
Kubera Gold Corp.
V:KBRA
|
$3.26 Million |
|
Neith Corporation
TWO:6236
|
$3.26 Million |
|
UJOGF
OTCQB:UJOGF
|
$3.26 Million |
|
Cell Impact AB
ST:CI
|
$3.25 Million |
|
CADOGAN ENERGY SOLUTIONS
F:CPD
|
$3.25 Million |
|
FUXING CHINA GRP SD 5
F:3FU1
|
$3.25 Million |
|
SAMYUNG ENC Co. Ltd
KQ:065570
|
$3.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polaris Investama Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 164,438,674,700 to 164,810,771,706, a change of 372,097,006 (0.2%).
- Net income of 372,097,006 contributed positively to equity growth.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp372.10 Million | +0.23% |
| Total Change | Rp- | 0.23% |
Book Value vs Market Value Analysis
This analysis compares Polaris Investama 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 | Rp169.10 | Rp50.00 | x |
| 2013-12-31 | Rp173.53 | Rp50.00 | x |
| 2014-12-31 | Rp175.32 | Rp50.00 | x |
| 2015-12-31 | Rp166.43 | Rp50.00 | x |
| 2016-12-31 | Rp153.36 | Rp50.00 | x |
| 2017-12-31 | Rp140.88 | Rp50.00 | x |
| 2018-12-31 | Rp138.86 | Rp50.00 | x |
| 2019-12-31 | Rp139.17 | Rp50.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polaris Investama 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): 0.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.56%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.13x
- Recent ROE (0.23%) is above the historical average (-2.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 3.73% | 15.76% | 0.16x | 1.45x | Rp-12.56 Billion |
| 2013 | 2.55% | 18.00% | 0.08x | 1.69x | Rp-15.30 Billion |
| 2014 | 1.02% | 7.29% | 0.08x | 1.75x | Rp-18.64 Billion |
| 2015 | -5.34% | -44.77% | 0.07x | 1.74x | Rp-30.23 Billion |
| 2016 | -8.94% | -43.51% | 0.11x | 1.95x | Rp-34.39 Billion |
| 2017 | -8.99% | -24.06% | 0.17x | 2.16x | Rp-31.69 Billion |
| 2018 | -1.32% | -8.08% | 0.14x | 1.16x | Rp-18.62 Billion |
| 2019 | 0.23% | 4.56% | 0.04x | 1.13x | Rp-16.11 Billion |
Industry Comparison
This section compares Polaris Investama Tbk's net assets metrics with peer companies in the Investment Banking & Investment Services industry.
Industry Context
- Industry: Investment Banking & Investment Services
- Average net assets among peers: $40,196,967,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Polaris Investama Tbk (PLAS) | Rp153.99 Billion | 3.73% | 0.20x | $3.26 Million |
| Onix Capital Tbk (OCAP) | $40.20 Billion | 0.00% | 1.01x | $320.40K |