Pioneerindo Gourmet International
PT Pioneerindo Gourmet International Tbk, together with its subsidiaries, operates a chain of restaurants in Indonesia. The company operates restaurants under the California Fried Chicken, Sapo Oriental, and Cal Donat trademarks; and ramen noodle restaurant under the Sugakiya brand name. It offers its services through its owned and franchised outlets. The company was formerly known as PT Putra Se… Read more
Pioneerindo Gourmet International (PTSP) - Net Assets
Latest net assets as of September 2025: Rp180.37 Billion IDR
Based on the latest financial reports, Pioneerindo Gourmet International (PTSP) has net assets worth Rp180.37 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp337.72 Billion) and total liabilities (Rp157.36 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 | Rp180.37 Billion |
| % of Total Assets | 53.41% |
| Annual Growth Rate | 14.75% |
| 5-Year Change | 15.13% |
| 10-Year Change | 24.73% |
| Growth Volatility | 32.68 |
Pioneerindo Gourmet International - Net Assets Trend (2009–2024)
This chart illustrates how Pioneerindo Gourmet International's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pioneerindo Gourmet International (2009–2024)
The table below shows the annual net assets of Pioneerindo Gourmet International from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp167.53 Billion | +11.06% |
| 2023-12-31 | Rp150.85 Billion | +11.68% |
| 2022-12-31 | Rp135.08 Billion | +5.63% |
| 2021-12-31 | Rp127.88 Billion | -12.12% |
| 2020-12-31 | Rp145.51 Billion | -23.58% |
| 2019-12-31 | Rp190.42 Billion | +15.72% |
| 2018-12-31 | Rp164.55 Billion | +11.61% |
| 2017-12-31 | Rp147.44 Billion | +8.75% |
| 2016-12-31 | Rp135.57 Billion | +0.93% |
| 2015-12-31 | Rp134.32 Billion | -16.73% |
| 2014-12-31 | Rp161.31 Billion | +3.26% |
| 2013-12-31 | Rp156.21 Billion | +31.45% |
| 2012-12-31 | Rp118.84 Billion | +69.26% |
| 2011-12-31 | Rp70.21 Billion | +70.26% |
| 2010-12-31 | Rp41.24 Billion | +93.89% |
| 2009-12-31 | Rp21.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pioneerindo Gourmet International'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 14412995195100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp43.40 Billion | 28.62% |
| Common Stock | Rp110.40 Billion | 72.79% |
| Other Comprehensive Income | Rp-8.94 Billion | -5.89% |
| Other Components | Rp6.80 Billion | 4.48% |
| Total Equity | Rp151.67 Billion | 100.00% |
Pioneerindo Gourmet International Competitors by Market Cap
The table below lists competitors of Pioneerindo Gourmet International ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avantium N.V
PINK:AVTXF
|
$8.18 Million |
|
Teb Bancorp Inc
PINK:TBBA
|
$8.19 Million |
|
Plum Acquisition Corp. IV Warrants
NASDAQ:PLMKW
|
$8.19 Million |
|
Atomos Ltd
AU:AMS
|
$8.19 Million |
|
Giga Metals Corporation
OTCQX:GIGGF
|
$8.18 Million |
|
S H L Telemedicine Ltd
SW:SHLTN
|
$8.18 Million |
|
COSTCO WHSL - Dusseldorf Stock Exchang
DU:CTO
|
$8.18 Million |
|
Eqva ASA
OL:EQVA
|
$8.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pioneerindo Gourmet International's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 132,772,878,000 to 151,670,630,000, a change of 18,897,752,000 (14.2%).
- Net income of 21,033,126,000 contributed positively to equity growth.
- Dividend payments of 2,940,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,135,373,000.
- Other factors increased equity by 2,939,999,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp21.03 Billion | +13.87% |
| Dividends Paid | Rp2.94 Billion | -1.94% |
| Other Comprehensive Income | Rp-2.14 Billion | -1.41% |
| Other Changes | Rp2.94 Billion | +1.94% |
| Total Change | Rp- | 14.23% |
Book Value vs Market Value Analysis
This analysis compares Pioneerindo Gourmet International'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: 1.38x
- 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 12.29x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Rp77.31 | Rp950.00 | x |
| 2010-12-31 | Rp164.94 | Rp950.00 | x |
| 2011-12-31 | Rp295.14 | Rp950.00 | x |
| 2012-12-31 | Rp508.97 | Rp950.00 | x |
| 2013-12-31 | Rp669.74 | Rp950.00 | x |
| 2014-12-31 | Rp683.29 | Rp950.00 | x |
| 2015-12-31 | Rp560.37 | Rp950.00 | x |
| 2016-12-31 | Rp565.70 | Rp950.00 | x |
| 2017-12-31 | Rp605.93 | Rp950.00 | x |
| 2018-12-31 | Rp674.67 | Rp950.00 | x |
| 2019-12-31 | Rp777.67 | Rp950.00 | x |
| 2020-12-31 | Rp565.55 | Rp950.00 | x |
| 2021-12-31 | Rp485.83 | Rp950.00 | x |
| 2022-12-31 | Rp525.31 | Rp950.00 | x |
| 2023-12-31 | Rp601.30 | Rp950.00 | x |
| 2024-12-31 | Rp686.89 | Rp950.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pioneerindo Gourmet International 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): 13.87%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.04%
- • Asset Turnover: 2.01x
- • Equity Multiplier: 2.26x
- Recent ROE (13.87%) is above the historical average (13.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 64.14% | 4.83% | 2.49x | 5.34x | Rp9.24 Billion |
| 2010 | 43.29% | 6.37% | 2.27x | 2.99x | Rp12.12 Billion |
| 2011 | 39.76% | 8.86% | 2.19x | 2.05x | Rp19.39 Billion |
| 2012 | 30.58% | 9.72% | 1.74x | 1.81x | Rp23.13 Billion |
| 2013 | 15.87% | 6.01% | 1.56x | 1.70x | Rp8.68 Billion |
| 2014 | 12.85% | 5.15% | 1.28x | 1.95x | Rp4.30 Billion |
| 2015 | -2.74% | -0.84% | 1.40x | 2.33x | Rp-15.76 Billion |
| 2016 | 2.05% | 0.54% | 1.63x | 2.32x | Rp-9.93 Billion |
| 2017 | 5.89% | 1.47% | 1.75x | 2.29x | Rp-5.50 Billion |
| 2018 | 11.59% | 2.76% | 2.03x | 2.07x | Rp2.37 Billion |
| 2019 | 14.97% | 3.57% | 2.05x | 2.05x | Rp8.54 Billion |
| 2020 | -39.25% | -13.15% | 0.98x | 3.05x | Rp-61.50 Billion |
| 2021 | -16.42% | -4.16% | 1.31x | 3.01x | Rp-28.35 Billion |
| 2022 | 7.52% | 1.57% | 1.90x | 2.51x | Rp-2.88 Billion |
| 2023 | 12.09% | 2.57% | 1.90x | 2.48x | Rp2.78 Billion |
| 2024 | 13.87% | 3.04% | 2.01x | 2.26x | Rp5.87 Billion |
Industry Comparison
This section compares Pioneerindo Gourmet International's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $360,488,357,092
- Average return on equity (ROE) among peers: 12.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pioneerindo Gourmet International (PTSP) | Rp180.37 Billion | 64.14% | 0.87x | $8.18 Million |
| PT Bersama Mencapai Puncak Tbk (BAIK) | $65.40 Billion | 17.51% | 0.21x | $4.09 Million |
| Cipta Selera Murni Pt (CSMI) | $70.96 Billion | 4.01% | 1.12x | $1.03 Million |
| PT Jaya Bersama Indo Tbk (DUCK) | $902.34 Billion | 16.13% | 0.61x | $12.99 Million |
| Champ Resto Indonesia PT (ENAK) | $283.64 Billion | 6.29% | 2.84x | $5.63 Million |
| Fast Food Indonesia Tbk (FAST) | $1.10 Trillion | 14.20% | 0.84x | $20.08 Million |
| Fore Coffee Tbk (FORE) | $-246.21 Billion | 0.00% | 0.00x | $268.19 |
| PT Indo Boga Sukses Tbk (IBOS) | $184.60 Billion | 3.09% | 0.12x | $25.86 Million |
| PT Puri Sentul Permai Tbk (KDTN) | $29.32 Billion | 56.46% | 0.48x | $9.55 Million |
| Lima Dua Lima Tiga PT (LUCY) | $38.66 Billion | 0.67% | 0.39x | $23.30 Million |
| Map Boga Adiperkasa Tbk PT (MAPB) | $1.18 Trillion | 11.52% | 1.19x | $17.71 Million |