Pelita Samudera Shipping Tbk PT (PSSI) - Net Assets
Based on the latest financial reports, Pelita Samudera Shipping Tbk PT (PSSI) has net assets worth Rp2.58 Trillion IDR (≈ $151.13 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp3.00 Trillion ≈ $175.70 Million USD) and total liabilities (Rp419.43 Billion ≈ $24.58 Million USD). 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. Check asset resilience ratio of Pelita Samudera Shipping Tbk PT to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp2.58 Trillion |
| % of Total Assets | 86.01% |
| Annual Growth Rate | 9.28% |
| 5-Year Change | 67.4% |
| 10-Year Change | 202.4% |
| Growth Volatility | 21.9 |
Pelita Samudera Shipping Tbk PT - Net Assets Trend (2014–2024)
This chart illustrates how Pelita Samudera Shipping Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore Pelita Samudera Shipping Tbk PT assets under control for the complete picture of this company's asset base.
Annual Net Assets for Pelita Samudera Shipping Tbk PT (2014–2024)
The table below shows the annual net assets of Pelita Samudera Shipping Tbk PT from 2014 to 2024. For live valuation and market cap data, see Pelita Samudera Shipping Tbk PT market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp158.24 Million ≈ $9.27K |
-6.15% |
| 2023-12-31 | Rp168.62 Million ≈ $9.88K |
+15.59% |
| 2022-12-31 | Rp145.88 Million ≈ $8.55K |
+27.23% |
| 2021-12-31 | Rp114.66 Million ≈ $6.72K |
+21.29% |
| 2020-12-31 | Rp94.53 Million ≈ $5.54K |
+6.74% |
| 2019-12-31 | Rp88.56 Million ≈ $5.19K |
+23.47% |
| 2018-12-31 | Rp71.73 Million ≈ $4.20K |
+17.26% |
| 2017-12-31 | Rp61.17 Million ≈ $3.58K |
+52.97% |
| 2016-12-31 | Rp39.99 Million ≈ $2.34K |
-23.58% |
| 2015-12-31 | Rp52.33 Million ≈ $3.07K |
-19.69% |
| 2014-12-31 | Rp65.16 Million ≈ $3.82K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pelita Samudera Shipping Tbk PT'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 201.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp99.25 Million | 63.11% |
| Common Stock | Rp49.54 Million | 31.50% |
| Other Components | Rp8.48 Million | 5.39% |
| Total Equity | Rp157.27 Million | 100.00% |
Pelita Samudera Shipping Tbk PT Competitors by Market Cap
The table below lists competitors of Pelita Samudera Shipping Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mercan Kimya Sanayi ve Ticaret AS
IS:MERCN
|
$101.48 Million |
|
Immobile
WAR:GKI
|
$101.48 Million |
|
Turbogen Chp
TA:TURB
|
$101.49 Million |
|
Sage Group PLC
LSE:SGE
|
$101.55 Million |
|
Tae Kyung Ind
KO:015890
|
$101.42 Million |
|
Alpha Astika Akinita S.A
AT:ASTAK
|
$101.36 Million |
|
Fleury Michon
PA:ALFLE
|
$101.35 Million |
|
Bank of the James Financial Group
NASDAQ:BOTJ
|
$101.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pelita Samudera Shipping Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 167,787,779 to 157,272,481, a change of -10,515,298 (-6.3%).
- Net income of 14,188,195 contributed positively to equity growth.
- Dividend payments of 24,830,539 reduced retained earnings.
- Share repurchases of 208,210 reduced equity.
- New share issuances of 208,207 increased equity.
- Other comprehensive income increased equity by 55,410.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp14.19 Million | +9.02% |
| Dividends Paid | Rp24.83 Million | -15.79% |
| Share Repurchases | Rp208.21K | -0.13% |
| Share Issuances | Rp208.21K | +0.13% |
| Other Comprehensive Income | Rp55.41K | +0.04% |
| Other Changes | Rp71.64K | +0.05% |
| Total Change | Rp- | -6.27% |
Book Value vs Market Value Analysis
This analysis compares Pelita Samudera Shipping Tbk PT'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: 11442.27x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15692.76x to 11442.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | Rp0.02 | Rp338.00 | x |
| 2015-12-31 | Rp0.02 | Rp338.00 | x |
| 2016-12-31 | Rp0.01 | Rp338.00 | x |
| 2017-12-31 | Rp0.05 | Rp338.00 | x |
| 2018-12-31 | Rp0.01 | Rp338.00 | x |
| 2019-12-31 | Rp0.02 | Rp338.00 | x |
| 2020-12-31 | Rp0.02 | Rp338.00 | x |
| 2021-12-31 | Rp0.02 | Rp338.00 | x |
| 2022-12-31 | Rp0.03 | Rp338.00 | x |
| 2023-12-31 | Rp0.03 | Rp338.00 | x |
| 2024-12-31 | Rp0.03 | Rp338.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pelita Samudera Shipping Tbk PT 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): 9.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.47%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.21x
- Recent ROE (9.02%) is above the historical average (6.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -11.40% | -11.76% | 0.42x | 2.33x | Rp-13.83 Million |
| 2015 | -23.29% | -28.07% | 0.41x | 2.04x | Rp-17.42 Million |
| 2016 | -31.02% | -35.86% | 0.40x | 2.16x | Rp-16.40 Million |
| 2017 | 6.41% | 8.00% | 0.48x | 1.66x | Rp-2.20 Million |
| 2018 | 19.54% | 22.05% | 0.58x | 1.54x | Rp6.84 Million |
| 2019 | 15.00% | 17.64% | 0.53x | 1.62x | Rp4.43 Million |
| 2020 | 8.92% | 12.33% | 0.47x | 1.55x | Rp-1.02 Million |
| 2021 | 21.90% | 23.01% | 0.67x | 1.41x | Rp13.60 Million |
| 2022 | 29.08% | 35.38% | 0.67x | 1.24x | Rp27.69 Million |
| 2023 | 24.31% | 39.84% | 0.50x | 1.22x | Rp24.01 Million |
| 2024 | 9.02% | 17.47% | 0.43x | 1.21x | Rp-1.54 Million |
Industry Comparison
This section compares Pelita Samudera Shipping Tbk PT's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $103,979,513,591
- Average return on equity (ROE) among peers: 7.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pelita Samudera Shipping Tbk PT (PSSI) | Rp2.58 Trillion | -11.40% | 0.16x | $101.43 Million |
| Pelayaran Nasional Bina Buana Raya (BBRM) | $69.16 Million | -11.36% | 1.03x | $31.24 Million |
| Batulicin Nusantara Maritim Tbk PT (BESS) | $572.54 Billion | 13.87% | 0.20x | $227.80 Million |
| Berlian Laju Tanker Tbk PT (BLTA) | $353.01 Million | 22.89% | 5.23x | $57.72 Million |
| Bintang Samudera Mandiri Lines Tbk PT (BSML) | $51.19 Billion | 0.84% | 3.10x | $43.37 Million |
| Buana Listya Tama Tbk PT (BULL) | $101.58 Million | -41.02% | 1.52x | $463.04 Million |
| Capitol Nusantara Indonesia (CANI) | $12.07 Million | 0.00% | 5.77x | $6.89 Million |
| GTS Internasional Tbk PT (GTSI) | $60.27 Million | 22.04% | 0.70x | $203.93 Million |
| Habco Trans Maritima (HATM) | $369.96 Billion | 24.37% | 0.18x | $155.64 Million |
| Humpuss Intermoda Transportasi (HITS) | $21.16 Million | 12.76% | 6.53x | $48.27 Million |
| Tanah Laut Tbk (INDX) | $45.49 Billion | 32.64% | 2.31x | $2.67 Million |
About Pelita Samudera Shipping Tbk PT
PT IMC Pelita Logistik Tbk provides integrated logistics and sea transportation solutions primarily for coal mining companies in Indonesia. It operates through three segments: Time Charter of Tugboats and Barges, Floating Loading Facilities, and Motor Vessels. The company involved in the inter-island commodities transportation for coal, nickel, alumina, clinker cement, concentrated copper, and ir… Read more