Prima Globalindo Logistik Tbk
PT Prima Globalindo Logistik Tbk provides freight forwarding services for export and import in Indonesia. The company operates through two segments, Land Transportation Services and Real Estate. It offers international sea and air freight; trucking and custom brokerage; and reefer cargo services; and transportation management services, which include handling of shipping and/or packing of goods. T… Read more
Prima Globalindo Logistik Tbk (PPGL) - Net Assets
Latest net assets as of June 2025: Rp150.61 Billion IDR
Based on the latest financial reports, Prima Globalindo Logistik Tbk (PPGL) has net assets worth Rp150.61 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp283.57 Billion) and total liabilities (Rp132.96 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 | Rp150.61 Billion |
| % of Total Assets | 53.11% |
| Annual Growth Rate | 38.05% |
| 5-Year Change | 70.83% |
| 10-Year Change | N/A |
| Growth Volatility | 57.54 |
Prima Globalindo Logistik Tbk - Net Assets Trend (2017–2024)
This chart illustrates how Prima Globalindo Logistik 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 Prima Globalindo Logistik Tbk (2017–2024)
The table below shows the annual net assets of Prima Globalindo Logistik Tbk from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp145.47 Billion | -0.23% |
| 2023-12-31 | Rp145.81 Billion | +2.19% |
| 2022-12-31 | Rp142.68 Billion | +14.63% |
| 2021-12-31 | Rp124.48 Billion | +46.17% |
| 2020-12-31 | Rp85.16 Billion | +28.14% |
| 2019-12-31 | Rp66.46 Billion | +179.07% |
| 2018-12-31 | Rp23.81 Billion | +56.45% |
| 2017-12-31 | Rp15.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prima Globalindo Logistik 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 302.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp35.09 Billion | 44.79% |
| Common Stock | Rp16.97 Billion | 21.65% |
| Other Comprehensive Income | Rp13.08 Billion | 16.69% |
| Other Components | Rp13.21 Billion | 16.86% |
| Total Equity | Rp78.35 Billion | 100.00% |
Prima Globalindo Logistik Tbk Competitors by Market Cap
The table below lists competitors of Prima Globalindo Logistik Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EGDB11
SA:EGDB11
|
$1.84 Million |
|
Integrated Media Technology Ltd
NASDAQ:IMTE
|
$1.84 Million |
|
Ricky Putra Globalindo Tbk
JK:RICY
|
$1.84 Million |
|
Metrospaces Inc
PINK:MSPC
|
$1.85 Million |
|
Pucara Gold Ltd
PINK:PCRAF
|
$1.84 Million |
|
Indaptus Therapeutics Inc
NASDAQ:INDP
|
$1.84 Million |
|
SandRidge Mississippian Trust I
PINK:SDTTU
|
$1.84 Million |
|
K.B. Recycling Industries Ltd
OTCQB:AKMYF
|
$1.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prima Globalindo Logistik Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 75,815,962,000 to 78,348,148,000, a change of 2,532,186,000 (3.3%).
- Net income of 9,543,109,000 contributed positively to equity growth.
- Dividend payments of 8,125,692,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,114,768,000.
- Other factors decreased equity by 999,999,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp9.54 Billion | +12.18% |
| Dividends Paid | Rp8.13 Billion | -10.37% |
| Other Comprehensive Income | Rp2.11 Billion | +2.7% |
| Other Changes | Rp-1000.00 Million | -1.28% |
| Total Change | Rp- | 3.34% |
Book Value vs Market Value Analysis
This analysis compares Prima Globalindo Logistik 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: 2.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.32x to 2.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Rp19.96 | Rp206.00 | x |
| 2018-12-31 | Rp16.97 | Rp206.00 | x |
| 2019-12-31 | Rp28.37 | Rp206.00 | x |
| 2020-12-31 | Rp50.88 | Rp206.00 | x |
| 2021-12-31 | Rp67.60 | Rp206.00 | x |
| 2022-12-31 | Rp86.78 | Rp206.00 | x |
| 2023-12-31 | Rp98.31 | Rp206.00 | x |
| 2024-12-31 | Rp101.60 | Rp206.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prima Globalindo Logistik 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): 12.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.51%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 3.30x
- Recent ROE (12.18%) is below the historical average (20.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 31.41% | 7.07% | 1.30x | 3.42x | Rp3.20 Billion |
| 2018 | 22.19% | 3.17% | 1.24x | 5.64x | Rp1.55 Billion |
| 2019 | 11.71% | 2.46% | 0.94x | 5.06x | Rp363.15 Million |
| 2020 | 12.15% | 3.39% | 1.06x | 3.37x | Rp819.93 Million |
| 2021 | 32.54% | 6.38% | 1.59x | 3.21x | Rp11.43 Billion |
| 2022 | 26.64% | 6.05% | 1.64x | 2.68x | Rp11.00 Billion |
| 2023 | 15.23% | 6.27% | 0.93x | 2.62x | Rp3.96 Billion |
| 2024 | 12.18% | 4.51% | 0.82x | 3.30x | Rp1.71 Billion |
Industry Comparison
This section compares Prima Globalindo Logistik Tbk's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $115,219,428,120
- Average return on equity (ROE) among peers: 12.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prima Globalindo Logistik Tbk (PPGL) | Rp150.61 Billion | 31.41% | 0.88x | $1.84 Million |
| Dewata Freight International Tbk PT (DEAL) | $125.68 Billion | -0.12% | 1.19x | $340.04K |
| PT Grahaprima Suksesmandiri Tb (GTRA) | $320.41 Billion | 12.30% | 2.09x | $5.31 Million |
| PT Indonesia Kendaraan Terminal Tbk (IPCC) | $155.79 Billion | 44.01% | 0.46x | $37.96 Million |
| Krida Jaringan Nusantara Tbk PT (KJEN) | $65.62 Billion | 0.40% | 0.03x | $1.31 Million |
| PT Jasa Berdikari Logistics Tb (LAJU) | $55.96 Billion | 21.84% | 1.15x | $3.53 Million |
| PT Logisticsplus International Tbk (LOPI) | $20.38 Billion | 9.45% | 0.81x | $2.40 Million |
| Satria Antaran Prima Tbk PT (SAPX) | $137.98 Billion | 22.71% | 0.52x | $1.19 Million |
| PT Trimuda Nuansa Citra Tbk (TNCA) | $39.94 Billion | -7.97% | 0.20x | $1.59 Million |