Rimo International Lestari Tbk PT
PT Rimo International Lestari Tbk engages in the development of real estate properties in Jakarta, Indonesia. It also operates department stores; provides rental and hospitality services; and is involved in general commerce activities. The company was founded in 1987 and is based in South Jakarta, Indonesia.
Rimo International Lestari Tbk PT (RIMO) - Net Assets
Latest net assets as of September 2019: Rp6.17 Trillion IDR
Based on the latest financial reports, Rimo International Lestari Tbk PT (RIMO) has net assets worth Rp6.17 Trillion IDR as of September 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp6.74 Trillion) and total liabilities (Rp569.64 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 | Rp6.17 Trillion |
| % of Total Assets | 91.55% |
| Annual Growth Rate | 23.38% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 58.36 |
Rimo International Lestari Tbk PT - Net Assets Trend (2000–2018)
This chart illustrates how Rimo International Lestari Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rimo International Lestari Tbk PT (2000–2018)
The table below shows the annual net assets of Rimo International Lestari Tbk PT from 2000 to 2018.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | Rp5.43 Trillion | +5.39% |
| 2017-12-31 | Rp5.15 Trillion | +7686.56% |
| 2016-12-31 | Rp-67.91 Billion | -4.87% |
| 2015-12-31 | Rp-64.75 Billion | -8.16% |
| 2014-12-31 | Rp-59.87 Billion | -8.65% |
| 2013-12-31 | Rp-55.10 Billion | -11.49% |
| 2012-12-31 | Rp-49.42 Billion | -31.32% |
| 2011-12-31 | Rp-37.64 Billion | -53.46% |
| 2010-12-31 | Rp-24.52 Billion | -81.96% |
| 2009-12-31 | Rp-13.48 Billion | -188.99% |
| 2008-12-31 | Rp15.15 Billion | +9.19% |
| 2007-12-31 | Rp13.87 Billion | +7.99% |
| 2006-12-31 | Rp12.85 Billion | -80.42% |
| 2005-12-31 | Rp65.62 Billion | -15.27% |
| 2004-12-31 | Rp77.44 Billion | -20.63% |
| 2003-12-31 | Rp97.58 Billion | -14.13% |
| 2002-12-31 | Rp113.64 Billion | -10.95% |
| 2001-12-31 | Rp127.62 Billion | +3.08% |
| 2000-12-31 | Rp123.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rimo International Lestari 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 decreased by 8639.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp4.14 Trillion | 85.40% |
| Other Components | Rp1.83 Trillion | 37.79% |
| Total Equity | Rp4.85 Trillion | 100.00% |
Rimo International Lestari Tbk PT Competitors by Market Cap
The table below lists competitors of Rimo International Lestari Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EAST AFRICA RES
F:NM1
|
$1.04 Million |
|
Northern Lion Gold Corp
PINK:NLGCF
|
$1.05 Million |
|
SPOBAG AG
F:SBE
|
$1.05 Million |
|
Arkadia Digital Media Tbk PT
JK:DIGI
|
$1.05 Million |
|
KRAŠ d.d.
ZSE:KRAS
|
$1.04 Million |
|
Harris Technology Group Ltd
AU:HT8
|
$1.04 Million |
|
CITIUS PHARMAC. DL -001
F:47N
|
$1.04 Million |
|
EARTHS Energy Ltd
AU:EE1
|
$1.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rimo International Lestari Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from 4,740,900,731,055 to 4,853,304,907,267, a change of 112,404,176,212 (2.4%).
- Net income of 112,000,686,422 contributed positively to equity growth.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp112.00 Billion | +2.31% |
| Other Changes | Rp403.49 Million | +0.01% |
| Total Change | Rp- | 2.37% |
Book Value vs Market Value Analysis
This analysis compares Rimo International Lestari 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: 0.42x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Rp-40.09 | Rp50.00 | x |
| 2012-12-31 | Rp-52.74 | Rp50.00 | x |
| 2013-12-31 | Rp-58.80 | Rp50.00 | x |
| 2014-12-31 | Rp-63.93 | Rp50.00 | x |
| 2015-12-31 | Rp-69.16 | Rp50.00 | x |
| 2016-12-31 | Rp-72.55 | Rp50.00 | x |
| 2017-12-31 | Rp115.81 | Rp50.00 | x |
| 2018-12-31 | Rp118.56 | Rp50.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rimo International Lestari 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): 2.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.98%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.34x
- Recent ROE (2.31%) is below the historical average (2.91%), 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 | 9.24% | 5.89% | 1.09x | 1.43x | Rp-935.09 Million |
| 2001 | 4.32% | 2.56% | 1.09x | 1.55x | Rp-7.18 Billion |
| 2007 | 8.35% | 0.87% | 2.06x | 4.67x | Rp-224.08 Million |
| 2008 | 9.40% | 1.02% | 1.95x | 4.74x | Rp-90.72 Million |
| 2011 | 0.00% | -191.21% | 0.63x | 0.00x | Rp-8.99 Billion |
| 2012 | 0.00% | -211.60% | 0.81x | 0.00x | Rp-6.85 Billion |
| 2013 | 0.00% | -1940.07% | 0.06x | 0.00x | Rp-185.42 Million |
| 2014 | 0.00% | -1940.30% | 0.04x | 0.00x | Rp1.17 Billion |
| 2015 | 0.00% | -4765.40% | 0.00x | 0.00x | Rp1.70 Billion |
| 2016 | 0.00% | -6718.01% | 0.00x | 0.00x | Rp3.59 Billion |
| 2017 | 1.26% | 21.07% | 0.05x | 1.25x | Rp-414.36 Billion |
| 2018 | 2.31% | 21.98% | 0.08x | 1.34x | Rp-373.33 Billion |
Industry Comparison
This section compares Rimo International Lestari Tbk PT's net assets metrics with peer companies in the Real Estate Operations industry.
Industry Context
- Industry: Real Estate Operations
- Average net assets among peers: $3,508,384,134,856
- Average return on equity (ROE) among peers: -0.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rimo International Lestari Tbk PT (RIMO) | Rp6.17 Trillion | 9.24% | 0.09x | $1.04 Million |
| Armidian Karyatama Tbk PT (ARMY) | $1.47 Trillion | 1.47% | 0.18x | $18.63 Million |
| Cowell Development Tbk (COWL) | $1.13 Trillion | -6.12% | 2.17x | $959.03K |
| Hanson International Tbk (MYRX) | $7.92 Trillion | 1.88% | 0.47x | $244.37 Million |