Panin Financial Tbk
PT Panin Financial Tbk provides Sharia banking and financial services in Indonesia. It operates in two segments, Life Insurance and Business Consulting Service; and Banking and Multi-finance. The company also offers life insurance products, including death, whole life, annuity, endowment, endowment combine, universal life, unit-linked, personal accident, and health insurance, as well as business … Read more
Panin Financial Tbk (PNLF) - Net Assets
Latest net assets as of June 2025: Rp66.62 Trillion IDR
Based on the latest financial reports, Panin Financial Tbk (PNLF) has net assets worth Rp66.62 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 (Rp241.55 Trillion) and total liabilities (Rp174.93 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 | Rp66.62 Trillion |
| % of Total Assets | 27.58% |
| Annual Growth Rate | 18.85% |
| 5-Year Change | 133.86% |
| 10-Year Change | 316.34% |
| Growth Volatility | 29.12 |
Panin Financial Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Panin Financial 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 Panin Financial Tbk (2000–2024)
The table below shows the annual net assets of Panin Financial Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp65.12 Trillion | +5.21% |
| 2023-12-31 | Rp61.89 Trillion | +108.54% |
| 2022-12-31 | Rp29.68 Trillion | +3.19% |
| 2021-12-31 | Rp28.76 Trillion | +3.30% |
| 2020-12-31 | Rp27.85 Trillion | +7.53% |
| 2019-12-31 | Rp25.89 Trillion | +8.94% |
| 2018-12-31 | Rp23.77 Trillion | +8.23% |
| 2017-12-31 | Rp21.96 Trillion | +7.78% |
| 2016-12-31 | Rp20.38 Trillion | +30.29% |
| 2015-12-31 | Rp15.64 Trillion | +6.45% |
| 2014-12-31 | Rp14.69 Trillion | +15.06% |
| 2013-12-31 | Rp12.77 Trillion | +53.90% |
| 2012-12-31 | Rp8.30 Trillion | +15.30% |
| 2011-12-31 | Rp7.20 Trillion | +28.12% |
| 2010-12-31 | Rp5.62 Trillion | +17.13% |
| 2009-12-31 | Rp4.80 Trillion | +10.79% |
| 2008-12-31 | Rp4.33 Trillion | +2.92% |
| 2007-12-31 | Rp4.21 Trillion | +14.13% |
| 2006-12-31 | Rp3.69 Trillion | +109.63% |
| 2005-12-31 | Rp1.76 Trillion | +0.98% |
| 2004-12-31 | Rp1.74 Trillion | +34.59% |
| 2003-12-31 | Rp1.29 Trillion | +20.17% |
| 2002-12-31 | Rp1.08 Trillion | +3.84% |
| 2001-12-31 | Rp1.04 Trillion | +0.36% |
| 2000-12-31 | Rp1.03 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Panin Financial 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 1844497.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp18.63 Trillion | 63.26% |
| Common Stock | Rp4.00 Trillion | 13.59% |
| Other Comprehensive Income | Rp7.40 Trillion | 25.14% |
| Total Equity | Rp29.45 Trillion | 100.00% |
Panin Financial Tbk Competitors by Market Cap
The table below lists competitors of Panin Financial Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TARC Limited
NSE:TARC
|
$136.62 Million |
|
KIP Real Estate Investment Trust
KLSE:5280
|
$136.63 Million |
|
IPC
F:IPC
|
$136.87 Million |
|
Taiwan Styrene Monomer Corp
TW:1310
|
$136.89 Million |
|
FIRST INTERN.BANCO.DL-01
F:45H
|
$136.53 Million |
|
Chung Hwa Pulp Corp
TW:1905
|
$136.53 Million |
|
Television Broadcasts Limited
PINK:TVBCF
|
$136.52 Million |
|
Nordfyns Bank A/S
CO:NRDF
|
$136.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Panin Financial Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,860,583,000,000 to 29,451,408,000,000, a change of 1,590,825,000,000 (5.7%).
- Net income of 1,664,151,000,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 72,826,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.66 Trillion | +5.65% |
| Other Comprehensive Income | Rp-72.83 Billion | -0.25% |
| Other Changes | Rp-500.00 Million | -0.0% |
| Total Change | Rp- | 5.71% |
Book Value vs Market Value Analysis
This analysis compares Panin Financial 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: 0.26x
- 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 1.62x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp146.71 | Rp238.00 | x |
| 2006-12-31 | Rp191.57 | Rp238.00 | x |
| 2007-12-31 | Rp150.69 | Rp238.00 | x |
| 2008-12-31 | Rp179.96 | Rp238.00 | x |
| 2009-12-31 | Rp199.51 | Rp238.00 | x |
| 2010-12-31 | Rp233.65 | Rp238.00 | x |
| 2011-12-31 | Rp297.62 | Rp238.00 | x |
| 2012-12-31 | Rp295.78 | Rp238.00 | x |
| 2013-12-31 | Rp377.69 | Rp238.00 | x |
| 2014-12-31 | Rp439.22 | Rp238.00 | x |
| 2015-12-31 | Rp430.45 | Rp238.00 | x |
| 2016-12-31 | Rp576.29 | Rp238.00 | x |
| 2017-12-31 | Rp623.02 | Rp238.00 | x |
| 2018-12-31 | Rp680.56 | Rp238.00 | x |
| 2019-12-31 | Rp745.06 | Rp238.00 | x |
| 2020-12-31 | Rp802.22 | Rp238.00 | x |
| 2021-12-31 | Rp831.40 | Rp238.00 | x |
| 2022-12-31 | Rp868.47 | Rp238.00 | x |
| 2023-12-31 | Rp870.04 | Rp238.00 | x |
| 2024-12-31 | Rp919.72 | Rp238.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Panin Financial 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): 5.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.93%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.73x
- Recent ROE (5.65%) is below the historical average (8.63%), 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 | 1.37% | 10.69% | 0.10x | 1.32x | Rp-89.11 Billion |
| 2001 | 0.35% | 2.05% | 0.13x | 1.32x | Rp-100.06 Billion |
| 2002 | 3.70% | 11.45% | 0.24x | 1.37x | Rp-67.79 Billion |
| 2003 | 12.67% | 23.49% | 0.38x | 1.42x | Rp34.57 Billion |
| 2004 | 19.94% | 28.64% | 0.45x | 1.54x | Rp173.01 Billion |
| 2005 | 11.19% | 23.91% | 0.32x | 1.47x | Rp20.95 Billion |
| 2006 | 8.77% | 19.85% | 0.32x | 1.40x | Rp-45.14 Billion |
| 2007 | 11.23% | 21.58% | 0.33x | 1.56x | Rp51.75 Billion |
| 2008 | 8.49% | 29.90% | 0.21x | 1.37x | Rp-65.28 Billion |
| 2009 | 9.71% | 22.45% | 0.29x | 1.48x | Rp-13.80 Billion |
| 2010 | 12.68% | 29.54% | 0.30x | 1.45x | Rp150.46 Billion |
| 2011 | 12.33% | 34.79% | 0.24x | 1.46x | Rp167.94 Billion |
| 2012 | 13.39% | 44.01% | 0.21x | 1.42x | Rp281.70 Billion |
| 2013 | 10.54% | 32.27% | 0.22x | 1.46x | Rp59.94 Billion |
| 2014 | 10.07% | 28.40% | 0.23x | 1.52x | Rp8.62 Billion |
| 2015 | 6.57% | 20.66% | 0.22x | 1.44x | Rp-472.98 Billion |
| 2016 | 8.32% | 34.22% | 0.18x | 1.35x | Rp-309.33 Billion |
| 2017 | 7.31% | 28.56% | 0.19x | 1.33x | Rp-537.47 Billion |
| 2018 | 8.39% | 41.54% | 0.16x | 1.30x | Rp-349.88 Billion |
| 2019 | 8.28% | 43.71% | 0.15x | 1.27x | Rp-410.50 Billion |
| 2020 | 7.24% | 62.38% | 0.09x | 1.26x | Rp-709.12 Billion |
| 2021 | 4.99% | 46.51% | 0.09x | 1.25x | Rp-1.33 Trillion |
| 2022 | 7.25% | 18.38% | 0.32x | 1.22x | Rp-763.46 Billion |
| 2023 | 5.42% | 11.46% | 0.06x | 8.42x | Rp-1.28 Trillion |
| 2024 | 5.65% | 12.93% | 0.05x | 8.73x | Rp-1.28 Trillion |
Industry Comparison
This section compares Panin Financial Tbk's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $6,121,527,008,058
- Average return on equity (ROE) among peers: -2.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Panin Financial Tbk (PNLF) | Rp66.62 Trillion | 1.37% | 2.63x | $136.61 Million |
| Bank Agris Tbk (AGRS) | $567.10 Billion | 0.69% | 6.44x | $17.52 Million |
| Bank Amar Indonesia (AMAR) | $3.18 Trillion | -4.89% | 0.42x | $6.61 Million |
| Bank Mnc Internasional Tbk (BABP) | $536.71 Billion | 3.85% | 10.82x | $7.22 Million |
| Bank Net Indonesia Syariah Tbk PT (BANK) | $950.85 Billion | 4.24% | 1.17x | $175.00 Million |
| Bank Central Asia Tbk (BBCA) | $12.63 Trillion | 18.94% | 9.55x | $20.04 Billion |
| Bk Harda Internasional Tbk Pt (BBHI) | $336.48 Billion | -36.60% | 5.73x | $251.65 Million |
| Bank Bukopin Tbk (BBKP) | $11.22 Trillion | -44.82% | 7.02x | $111.65 Million |
| Bank Mestika Dharma Tbk (BBMD) | $4.01 Trillion | 8.13% | 2.53x | $15.70 Million |
| Bank Rakyat Indonesia Persero (BBRI) | $27.26 Trillion | 26.81% | 10.63x | $15.34 Billion |
| PT Bank Bisnis Internasional Tbk (BBSI) | $538.46 Billion | 1.50% | 0.00x | $110.21 Million |