Kian Santang Muliatama Tbk.
PT Kian Santang Muliatama Tbk engages in the supply of spare parts to engineering, procurement, and construction industry. It operates through two segments, Trading, and Constructions Service and Others. It offers Ergas converter kits, Rmg regulator kits, metering regulating system, EVC and sales and operation measuring equipment region I, master meters and sales and operation region I meters, an… Read more
Kian Santang Muliatama Tbk. (RGAS) - Net Assets
Latest net assets as of June 2025: Rp91.10 Billion IDR
Based on the latest financial reports, Kian Santang Muliatama Tbk. (RGAS) has net assets worth Rp91.10 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 (Rp105.95 Billion) and total liabilities (Rp14.84 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 | Rp91.10 Billion |
| % of Total Assets | 85.99% |
| Annual Growth Rate | 48.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 55.34 |
Kian Santang Muliatama Tbk. - Net Assets Trend (2022–2024)
This chart illustrates how Kian Santang Muliatama 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 Kian Santang Muliatama Tbk. (2022–2024)
The table below shows the annual net assets of Kian Santang Muliatama Tbk. from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp87.98 Billion | +3.04% |
| 2023-12-31 | Rp85.38 Billion | +113.72% |
| 2022-12-31 | Rp39.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kian Santang Muliatama 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 41.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp14.09 Billion | 16.02% |
| Common Stock | Rp58.37 Billion | 66.35% |
| Other Components | Rp15.52 Billion | 17.64% |
| Total Equity | Rp87.98 Billion | 100.00% |
Kian Santang Muliatama Tbk. Competitors by Market Cap
The table below lists competitors of Kian Santang Muliatama Tbk. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Labrador Iron Mines Holdings Limited
PINK:LBRMF
|
$1.75 Million |
|
DRAGO ENTERTAINM. ZY -10
F:65M
|
$1.75 Million |
|
Groupe JAJ
PA:GJAJ
|
$1.75 Million |
|
ELECTRONIC ARTS
BE:ERT
|
$1.75 Million |
|
Ashoka Metcast Limited
NSE:ASHOKAMET
|
$1.75 Million |
|
Euro Cervantes SOCIMI SA
MC:YEUR
|
$1.75 Million |
|
ELECTRONIC ARTS - Dusseldorf Stock Exchang
DU:ERT
|
$1.75 Million |
|
Tasman Resources Ltd
PINK:TASEF
|
$1.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kian Santang Muliatama Tbk.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 85,378,246,190 to 87,976,199,530, a change of 2,597,953,340 (3.0%).
- Net income of 2,657,390,550 contributed positively to equity growth.
- Share repurchases of 7,163,100 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp2.66 Billion | +3.02% |
| Share Repurchases | Rp7.16 Million | -0.01% |
| Other Changes | Rp-52.27 Million | -0.06% |
| Total Change | Rp- | 3.04% |
Book Value vs Market Value Analysis
This analysis compares Kian Santang Muliatama 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: 1.41x
- 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 3.10x to 1.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Rp27.38 | Rp85.00 | x |
| 2023-12-31 | Rp58.51 | Rp85.00 | x |
| 2024-12-31 | Rp60.29 | Rp85.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kian Santang Muliatama 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): 3.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.66%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.99x
- Recent ROE (3.02%) is below the historical average (8.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 15.71% | 14.72% | 0.90x | 1.18x | Rp2.28 Billion |
| 2023 | 7.59% | 10.06% | 0.71x | 1.06x | Rp-2.06 Billion |
| 2024 | 3.02% | 3.66% | 0.42x | 1.99x | Rp-6.14 Billion |
Industry Comparison
This section compares Kian Santang Muliatama Tbk.'s net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $355,069,736,922
- Average return on equity (ROE) among peers: 7.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kian Santang Muliatama Tbk. (RGAS) | Rp91.10 Billion | 15.71% | 0.16x | $1.75 Million |
| Ratu Prabu Energi Tbk (ARTI) | $-156.05 Billion | 0.00% | 0.00x | $18.35K |
| Atlantis Subsea Indonesia Tbk Pt (ATLA) | $33.74 Billion | 18.65% | 0.44x | $7.18 Million |
| PT Citra Tubindo Tbk (CTBN) | $83.32 Million | -7.98% | 0.61x | $32.13 Million |
| Elnusa Tbk (ELSA) | $2.88 Trillion | 10.80% | 0.46x | $142.61 Million |
| Island Concepts Indonesia Tbk (ICON) | $156.73 Billion | 0.16% | 1.71x | $2.61 Million |
| Mitra International Resources (MIRA) | $9.49 Billion | 0.00% | 11.08x | $4.63 Million |
| PT Multikarya Asia Pacific Ray (MKAP) | $123.67 Billion | 0.87% | 1.11x | $34.97 Million |
| Radiant Utama Interinsco Tbk (RUIS) | $150.20 Billion | 18.43% | 1.20x | $6.39 Million |
| Sillo Maritime Perdana Tbk PT (SHIP) | $24.55 Million | 24.45% | 1.14x | $117.22 Million |