Petrosea Tbk
PT Petrosea Tbk provides engineering, construction, mining, and other services to the oil and gas, infrastructure, industrial and manufacturing, and utility sectors in Indonesia and internationally. It operates through three segments: Mining, Services, and Engineering and Construction. The Mining segment provides mining contract services, including overburden stripping, drilling, blasting, liftin… Read more
Petrosea Tbk (PTRO) - Net Assets
Latest net assets as of June 2025: Rp241.07 Million IDR
Based on the latest financial reports, Petrosea Tbk (PTRO) has net assets worth Rp241.07 Million IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.21 Billion) and total liabilities (Rp972.05 Million). 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 | Rp241.07 Million |
| % of Total Assets | 19.87% |
| Annual Growth Rate | -26.79% |
| 5-Year Change | 7.91% |
| 10-Year Change | 40.09% |
| Growth Volatility | 25.56 |
Petrosea Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Petrosea 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 Petrosea Tbk (2000–2024)
The table below shows the annual net assets of Petrosea Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp249.75 Million | +5.99% |
| 2023-12-31 | Rp235.63 Million | -20.93% |
| 2022-12-31 | Rp297.99 Million | +14.51% |
| 2021-12-31 | Rp260.22 Million | +12.44% |
| 2020-12-31 | Rp231.44 Million | +8.88% |
| 2019-12-31 | Rp212.56 Million | +11.21% |
| 2018-12-31 | Rp191.13 Million | +7.06% |
| 2017-12-31 | Rp178.53 Million | +4.74% |
| 2016-12-31 | Rp170.45 Million | -4.39% |
| 2015-12-31 | Rp178.28 Million | -7.55% |
| 2014-12-31 | Rp192.83 Million | -2.40% |
| 2013-12-31 | Rp197.58 Million | +5.49% |
| 2012-12-31 | Rp187.29 Million | +17.62% |
| 2011-12-31 | Rp159.23 Million | +31.95% |
| 2010-12-31 | Rp120.67 Million | +50.82% |
| 2009-12-31 | Rp80.01 Million | +13.24% |
| 2008-12-31 | Rp70.66 Million | -7.53% |
| 2007-12-31 | Rp76.41 Million | +2.05% |
| 2006-12-31 | Rp74.87 Million | -99.99% |
| 2005-12-31 | Rp654.52 Billion | +9.14% |
| 2004-12-31 | Rp599.71 Billion | +2.68% |
| 2003-12-31 | Rp584.07 Billion | +4.40% |
| 2002-12-31 | Rp559.47 Billion | +3.37% |
| 2001-12-31 | Rp541.21 Billion | +21.84% |
| 2000-12-31 | Rp444.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Petrosea 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 99.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp217.24 Million | 87.29% |
| Common Stock | Rp33.44 Million | 13.44% |
| Total Equity | Rp248.87 Million | 100.00% |
Petrosea Tbk Competitors by Market Cap
The table below lists competitors of Petrosea Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neinor Homes S.A
PINK:NNRHF
|
$817.63 Million |
|
JOST Werke AG
XETRA:JST
|
$817.74 Million |
|
MBX Biosciences, Inc. Common Stock
NASDAQ:MBX
|
$817.84 Million |
|
Chacha Food Co Ltd
SHE:002557
|
$818.07 Million |
|
Daktronics Inc
NASDAQ:DAKT
|
$817.43 Million |
|
MODEC Inc
PINK:MDIKF
|
$817.40 Million |
|
Piedmont Office Realty Trust Inc
NYSE:PDM
|
$817.23 Million |
|
Sigdo Koppers
SN:SK
|
$817.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petrosea Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 234,785,000 to 248,871,000, a change of 14,086,000 (6.0%).
- Net income of 9,699,000 contributed positively to equity growth.
- Dividend payments of 3,099,000 reduced retained earnings.
- Share repurchases of 8,475,000 reduced equity.
- New share issuances of 8,475,000 increased equity.
- Other comprehensive income increased equity by 8,689,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp9.70 Million | +3.9% |
| Dividends Paid | Rp3.10 Million | -1.25% |
| Share Repurchases | Rp8.47 Million | -3.41% |
| Share Issuances | Rp8.47 Million | +3.41% |
| Other Comprehensive Income | Rp8.69 Million | +3.49% |
| Other Changes | Rp-1.20 Million | -0.48% |
| Total Change | Rp- | 6.00% |
Book Value vs Market Value Analysis
This analysis compares Petrosea 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: 18648.17x
- 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 25203.01x to 18648.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp0.19 | Rp4680.00 | x |
| 2013-12-31 | Rp0.20 | Rp4680.00 | x |
| 2014-12-31 | Rp0.19 | Rp4680.00 | x |
| 2015-12-31 | Rp0.18 | Rp4680.00 | x |
| 2016-12-31 | Rp0.17 | Rp4680.00 | x |
| 2017-12-31 | Rp0.18 | Rp4680.00 | x |
| 2018-12-31 | Rp0.19 | Rp4680.00 | x |
| 2019-12-31 | Rp0.21 | Rp4680.00 | x |
| 2020-12-31 | Rp0.23 | Rp4680.00 | x |
| 2021-12-31 | Rp0.26 | Rp4680.00 | x |
| 2022-12-31 | Rp0.30 | Rp4680.00 | x |
| 2023-12-31 | Rp0.24 | Rp4680.00 | x |
| 2024-12-31 | Rp0.25 | Rp4680.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petrosea 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): 3.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.40%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 3.48x
- Recent ROE (3.90%) is below the historical average (10.26%), 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 | 8.00% | 2.89% | 1.54x | 1.80x | Rp-8.90 Billion |
| 2001 | 21.71% | 13.63% | 1.27x | 1.25x | Rp63.39 Billion |
| 2002 | 4.18% | 2.76% | 1.22x | 1.24x | Rp-32.56 Billion |
| 2003 | 4.21% | 3.70% | 0.98x | 1.16x | Rp-33.81 Billion |
| 2004 | 9.62% | 6.46% | 1.10x | 1.35x | Rp-2.27 Billion |
| 2005 | 12.78% | 6.51% | 1.23x | 1.59x | Rp18.16 Billion |
| 2006 | 8.60% | 6.09% | 0.88x | 1.60x | Rp-1.05 Million |
| 2007 | 9.29% | 5.63% | 0.85x | 1.95x | Rp-544.10K |
| 2008 | 2.51% | 0.86% | 1.15x | 2.52x | Rp-5.29 Million |
| 2009 | 1.99% | 0.93% | 0.88x | 2.43x | Rp-6.41 Million |
| 2010 | 35.01% | 22.60% | 0.84x | 1.84x | Rp30.19 Million |
| 2011 | 33.06% | 19.96% | 0.70x | 2.37x | Rp36.72 Million |
| 2012 | 26.23% | 12.74% | 0.73x | 2.83x | Rp30.39 Million |
| 2013 | 8.76% | 4.81% | 0.71x | 2.58x | Rp-2.45 Million |
| 2014 | 1.17% | 0.65% | 0.74x | 2.43x | Rp-17.03 Million |
| 2015 | -7.14% | -6.15% | 0.49x | 2.39x | Rp-30.54 Million |
| 2016 | -4.66% | -3.79% | 0.53x | 2.31x | Rp-24.96 Million |
| 2017 | 4.62% | 3.17% | 0.59x | 2.45x | Rp-9.59 Million |
| 2018 | 12.05% | 4.93% | 0.84x | 2.92x | Rp3.90 Million |
| 2019 | 14.71% | 6.54% | 0.86x | 2.60x | Rp9.98 Million |
| 2020 | 13.99% | 9.47% | 0.64x | 2.30x | Rp9.20 Million |
| 2021 | 12.99% | 8.11% | 0.78x | 2.05x | Rp7.76 Million |
| 2022 | 13.77% | 8.59% | 0.80x | 2.01x | Rp11.20 Million |
| 2023 | 5.20% | 2.11% | 0.79x | 3.10x | Rp-11.28 Million |
| 2024 | 3.90% | 1.40% | 0.80x | 3.48x | Rp-15.19 Million |
Industry Comparison
This section compares Petrosea Tbk's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $581,056,342,711
- Average return on equity (ROE) among peers: 16.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petrosea Tbk (PTRO) | Rp241.07 Million | 8.00% | 4.03x | $817.49 Million |
| Bumi Resources Minerals Tbk (BRMS) | $-2.84 Billion | 0.00% | 0.00x | $1.23 Billion |
| Cita Mineral Investindo Tbk PT (CITA) | $2.10 Trillion | 29.99% | 0.80x | $76.72 Million |
| Daaz Bara Lestari Tbk (DAAZ) | $1.58 Trillion | 28.79% | 2.25x | $49.60 Million |
| Central Omega Resources Tbk PT (DKFT) | $1.13 Trillion | -4.04% | 0.05x | $81.01 Million |
| Hillcon (HILL) | $-23.50 Billion | 0.00% | 0.00x | $2.42 Million |
| Ifishdeco PT (IFSH) | $838.04 Billion | 9.98% | 0.20x | $42.70 Million |
| Vale Indonesia Tbk (INCO) | $771.12 Million | 3.93% | 0.58x | $805.36 Million |
| Sumber Energi Andalan Tbk PT (ITMA) | $91.38 Million | 34.41% | 0.00x | $16.05 Million |
| Merdeka Copper Gold PT (MDKA) | $2.76 Billion | -0.75% | 0.80x | $2.56 Billion |
| Sinar Terang Mandiri PT Tbk (MINE) | $182.66 Billion | 60.14% | 2.97x | $190.24 |