Paninvest Tbk
PT Paninvest Tbk provides banking and multi financing products and services in Indonesia. It operates through Life Insurance and Business Consulting Service, Banking and Multi-Finance, Trade and Services, and Tourist segments. The company offers Sharia banking products and services; financing and mutual funds services; and death, whole life, annuity, endowment, endowment combine, universal life, … Read more
Paninvest Tbk (PNIN) - Net Assets
Latest net assets as of June 2025: Rp69.02 Trillion IDR
Based on the latest financial reports, Paninvest Tbk (PNIN) has net assets worth Rp69.02 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp243.18 Trillion) and total liabilities (Rp174.16 Trillion). 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 | Rp69.02 Trillion |
| % of Total Assets | 28.38% |
| Annual Growth Rate | 19.44% |
| 5-Year Change | 130.85% |
| 10-Year Change | 285.96% |
| Growth Volatility | 23.03 |
Paninvest Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Paninvest 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 Paninvest Tbk (2000–2024)
The table below shows the annual net assets of Paninvest Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp68.50 Trillion | +7.66% |
| 2023-12-31 | Rp63.63 Trillion | +101.98% |
| 2022-12-31 | Rp31.50 Trillion | +2.29% |
| 2021-12-31 | Rp30.80 Trillion | +3.79% |
| 2020-12-31 | Rp29.67 Trillion | +6.61% |
| 2019-12-31 | Rp27.83 Trillion | +8.19% |
| 2018-12-31 | Rp25.73 Trillion | +5.55% |
| 2017-12-31 | Rp24.37 Trillion | +8.15% |
| 2016-12-31 | Rp22.54 Trillion | +26.98% |
| 2015-12-31 | Rp17.75 Trillion | +11.82% |
| 2014-12-31 | Rp15.87 Trillion | +14.19% |
| 2013-12-31 | Rp13.90 Trillion | +49.22% |
| 2012-12-31 | Rp9.31 Trillion | +15.78% |
| 2011-12-31 | Rp8.05 Trillion | +21.71% |
| 2010-12-31 | Rp6.61 Trillion | +18.89% |
| 2009-12-31 | Rp5.56 Trillion | +12.52% |
| 2008-12-31 | Rp4.94 Trillion | +3.90% |
| 2007-12-31 | Rp4.76 Trillion | +15.38% |
| 2006-12-31 | Rp4.12 Trillion | +56.98% |
| 2005-12-31 | Rp2.63 Trillion | +33.72% |
| 2004-12-31 | Rp1.96 Trillion | +54.18% |
| 2003-12-31 | Rp1.27 Trillion | +23.16% |
| 2002-12-31 | Rp1.03 Trillion | +5.68% |
| 2001-12-31 | Rp978.55 Billion | +1.47% |
| 2000-12-31 | Rp964.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Paninvest 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 376274.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp13.17 Trillion | 58.48% |
| Common Stock | Rp1.02 Trillion | 4.52% |
| Other Comprehensive Income | Rp8.29 Trillion | 36.79% |
| Other Components | Rp47.06 Billion | 0.21% |
| Total Equity | Rp22.52 Trillion | 100.00% |
Paninvest Tbk Competitors by Market Cap
The table below lists competitors of Paninvest Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Waratah Minerals Limited
F:0FS0
|
$65.80 Million |
|
EUROAPI SAS EO 1
F:940
|
$65.81 Million |
|
Betr Entertainment Ltd
AU:BBT
|
$65.81 Million |
|
Nicolas Correa SA
MC:NEA
|
$65.83 Million |
|
Venus Remedies Limited
NSE:VENUSREM
|
$65.78 Million |
|
CBAK Energy Technology Inc
NASDAQ:CBAT
|
$65.75 Million |
|
Ramco Systems Limited
NSE:RAMCOSYS
|
$65.74 Million |
|
PENNEO A/S DK 002
F:4ZD
|
$65.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paninvest Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,872,513,000,000 to 22,524,537,000,000, a change of 2,652,024,000,000 (13.3%).
- Net income of 1,391,083,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 573,623,000,000.
- Other factors increased equity by 687,318,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.39 Trillion | +6.18% |
| Other Comprehensive Income | Rp573.62 Billion | +2.55% |
| Other Changes | Rp687.32 Billion | +3.05% |
| Total Change | Rp- | 13.35% |
Book Value vs Market Value Analysis
This analysis compares Paninvest 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: 0.14x
- 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.
- The price-to-book ratio has decreased from 1.22x to 0.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp629.98 | Rp770.00 | x |
| 2009-12-31 | Rp791.23 | Rp770.00 | x |
| 2010-12-31 | Rp942.63 | Rp770.00 | x |
| 2011-12-31 | Rp1148.54 | Rp770.00 | x |
| 2012-12-31 | Rp1355.07 | Rp770.00 | x |
| 2013-12-31 | Rp1753.44 | Rp770.00 | x |
| 2014-12-31 | Rp1952.39 | Rp770.00 | x |
| 2015-12-31 | Rp2112.69 | Rp770.00 | x |
| 2016-12-31 | Rp2912.67 | Rp770.00 | x |
| 2017-12-31 | Rp3173.72 | Rp770.00 | x |
| 2018-12-31 | Rp3680.69 | Rp770.00 | x |
| 2019-12-31 | Rp4075.57 | Rp770.00 | x |
| 2020-12-31 | Rp4329.66 | Rp770.00 | x |
| 2021-12-31 | Rp4524.11 | Rp770.00 | x |
| 2022-12-31 | Rp5031.22 | Rp770.00 | x |
| 2023-12-31 | Rp4884.69 | Rp770.00 | x |
| 2024-12-31 | Rp5536.56 | Rp770.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paninvest 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): 6.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.09%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.56x
- Recent ROE (6.18%) is below the historical average (10.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 2.60% | 13.84% | 0.11x | 1.66x | Rp-62.03 Billion |
| 2001 | 1.62% | 6.28% | 0.15x | 1.68x | Rp-71.45 Billion |
| 2002 | 5.84% | 12.89% | 0.26x | 1.74x | Rp-37.64 Billion |
| 2003 | 15.23% | 22.47% | 0.39x | 1.74x | Rp59.32 Billion |
| 2004 | 16.95% | 19.99% | 0.41x | 2.09x | Rp100.36 Billion |
| 2005 | 2.84% | 4.80% | 0.24x | 2.51x | Rp-102.23 Billion |
| 2006 | 13.67% | 16.56% | 0.32x | 2.57x | Rp81.57 Billion |
| 2007 | 13.14% | 14.85% | 0.31x | 2.83x | Rp81.59 Billion |
| 2008 | 11.32% | 14.61% | 0.32x | 2.44x | Rp36.73 Billion |
| 2009 | 12.52% | 17.45% | 0.28x | 2.54x | Rp80.66 Billion |
| 2010 | 15.02% | 21.60% | 0.28x | 2.44x | Rp192.35 Billion |
| 2011 | 14.54% | 18.64% | 0.32x | 2.48x | Rp212.24 Billion |
| 2012 | 14.43% | 28.98% | 0.21x | 2.39x | Rp242.45 Billion |
| 2013 | 11.19% | 20.80% | 0.22x | 2.49x | Rp84.88 Billion |
| 2014 | 11.76% | 19.61% | 0.22x | 2.68x | Rp139.77 Billion |
| 2015 | 7.28% | 11.94% | 0.23x | 2.69x | Rp-233.60 Billion |
| 2016 | 13.08% | 29.96% | 0.19x | 2.29x | Rp365.24 Billion |
| 2017 | 8.09% | 19.42% | 0.19x | 2.24x | Rp-246.38 Billion |
| 2018 | 14.29% | 46.86% | 0.15x | 2.02x | Rp642.96 Billion |
| 2019 | 13.83% | 49.11% | 0.14x | 1.94x | Rp634.50 Billion |
| 2020 | 10.95% | 64.84% | 0.09x | 1.94x | Rp167.94 Billion |
| 2021 | 4.45% | 28.74% | 0.08x | 1.92x | Rp-1.02 Trillion |
| 2022 | 9.08% | 16.35% | 0.32x | 1.74x | Rp-188.43 Billion |
| 2023 | 4.47% | 8.46% | 0.04x | 11.89x | Rp-1.10 Trillion |
| 2024 | 6.18% | 12.09% | 0.04x | 11.56x | Rp-861.37 Billion |
Industry Comparison
This section compares Paninvest Tbk's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $3,376,440,821,869
- Average return on equity (ROE) among peers: 2.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paninvest Tbk (PNIN) | Rp69.02 Trillion | 2.60% | 2.52x | $65.78 Million |
| Pacific Strategic Financial (APIC) | $460.59 Billion | 3.72% | 0.03x | $6.24 Million |
| Bhakti Multi Artha Pt (BHAT) | $519.53 Billion | 2.22% | 0.25x | $172.11 Million |
| Capital Financial Indonesia Tbk PT (CASA) | $8.29 Trillion | 0.23% | 3.60x | $1.92 Billion |
| Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk PT (JMAS) | $122.50 Billion | 2.31% | 1.50x | $3.61 Million |
| Asuransi Jiwa Sinarmas Msig PT (LIFE) | $7.49 Trillion | 1.69% | 1.00x | $66.31 Million |