RMK Energy PT Tbk (RMKE) - Net Assets
Based on the latest financial reports, RMK Energy PT Tbk (RMKE) has net assets worth Rp1.85 Trillion IDR (≈ $108.42 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 (Rp2.66 Trillion ≈ $155.97 Million USD) and total liabilities (Rp811.45 Billion ≈ $47.55 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 RMK Energy PT Tbk tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp1.85 Trillion |
| % of Total Assets | 69.52% |
| Annual Growth Rate | 33.15% |
| 5-Year Change | 309.51% |
| 10-Year Change | N/A |
| Growth Volatility | 27.26 |
RMK Energy PT Tbk - Net Assets Trend (2018–2024)
This chart illustrates how RMK Energy PT Tbk's net assets have evolved over time, based on quarterly financial data. See RMK Energy PT Tbk (RMKE) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for RMK Energy PT Tbk (2018–2024)
The table below shows the annual net assets of RMK Energy PT Tbk from 2018 to 2024. For live valuation and market cap data, see RMK Energy PT Tbk (RMKE) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.73 Trillion ≈ $101.32 Million |
+16.46% |
| 2023-12-31 | Rp1.48 Trillion ≈ $87.01 Million |
+23.05% |
| 2022-12-31 | Rp1.21 Trillion ≈ $70.71 Million |
+50.32% |
| 2021-12-31 | Rp802.71 Billion ≈ $47.04 Million |
+90.10% |
| 2020-12-31 | Rp422.26 Billion ≈ $24.74 Million |
+21.07% |
| 2019-12-31 | Rp348.78 Billion ≈ $20.44 Million |
+12.47% |
| 2018-12-31 | Rp310.12 Billion ≈ $18.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to RMK Energy PT 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 766.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.07 Trillion | 62.18% |
| Common Stock | Rp437.50 Billion | 25.43% |
| Other Comprehensive Income | Rp87.69 Billion | 5.10% |
| Other Components | Rp125.58 Billion | 7.30% |
| Total Equity | Rp1.72 Trillion | 100.00% |
RMK Energy PT Tbk Competitors by Market Cap
The table below lists competitors of RMK Energy PT Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EPC Groupe
PA:EXPL
|
$597.32 Million |
|
Royce Micro Cap Closed Fund
NYSE:RMT
|
$597.45 Million |
|
Life & Banc Split Corp
TO:LBS
|
$597.59 Million |
|
Hingham Institution for Savings
NASDAQ:HIFS
|
$597.84 Million |
|
Ocean’s King Lighting Science & Technology Co Ltd
SHE:002724
|
$597.21 Million |
|
Dexus Convenience Retail REIT
AU:DXC
|
$596.97 Million |
|
TPI POLENE POWER
BK:TPIPP-R
|
$596.95 Million |
|
Gladstone Commercial Corporation
NASDAQ:GOOD
|
$596.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RMK Energy PT Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,463,054,603,916 to 1,720,690,784,000, a change of 257,636,180,084 (17.6%).
- Net income of 288,044,079,000 contributed positively to equity growth.
- Dividend payments of 30,629,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 87,694,048,264.
- Other factors decreased equity by 87,472,747,180.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp288.04 Billion | +16.74% |
| Dividends Paid | Rp30.63 Billion | -1.78% |
| Other Comprehensive Income | Rp87.69 Billion | +5.1% |
| Other Changes | Rp-87.47 Billion | -5.08% |
| Total Change | Rp- | 17.61% |
Book Value vs Market Value Analysis
This analysis compares RMK Energy PT 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: 5.92x
- 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 32.87x to 5.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Rp70.88 | Rp2330.00 | x |
| 2019-12-31 | Rp80.35 | Rp2330.00 | x |
| 2020-12-31 | Rp121.76 | Rp2330.00 | x |
| 2021-12-31 | Rp225.92 | Rp2330.00 | x |
| 2022-12-31 | Rp335.44 | Rp2330.00 | x |
| 2023-12-31 | Rp334.41 | Rp2330.00 | x |
| 2024-12-31 | Rp393.30 | Rp2330.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RMK Energy PT 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): 16.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.70%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.38x
- Recent ROE (16.74%) is below the historical average (20.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 20.20% | 11.18% | 1.03x | 1.76x | Rp31.63 Billion |
| 2019 | 12.03% | 7.56% | 0.64x | 2.49x | Rp7.13 Billion |
| 2020 | 17.31% | 11.61% | 0.69x | 2.15x | Rp31.16 Billion |
| 2021 | 24.84% | 10.69% | 1.33x | 1.75x | Rp119.07 Billion |
| 2022 | 32.66% | 14.23% | 1.63x | 1.41x | Rp269.88 Billion |
| 2023 | 20.70% | 11.86% | 1.14x | 1.54x | Rp156.55 Billion |
| 2024 | 16.74% | 11.70% | 1.04x | 1.38x | Rp115.98 Billion |
Industry Comparison
This section compares RMK Energy PT Tbk's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $249,264,988,783
- Average return on equity (ROE) among peers: -40.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RMK Energy PT Tbk (RMKE) | Rp1.85 Trillion | 20.20% | 0.44x | $597.31 Million |
| Abm Investama Tbk (ABMM) | $758.93 Million | 38.08% | 1.84x | $396.86 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $1.27 Billion | 5.87% | 1.40x | $3.92 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $338.90 Million | -437.17% | 10.42x | $5.29 Million |
| Atlas Resources Tbk (ARII) | $81.99 Million | -30.64% | 3.29x | $63.28 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $-71.64 Billion | 0.00% | 0.00x | $4.10 Million |
| Baramulti Suksessarana Tbk (BSSR) | $-194.29K | 0.00% | 0.00x | $657.73 Million |
| Bumi Resources Tbk (BUMI) | $-733.04 Million | 0.00% | 0.00x | $3.76 Billion |
| Bayan Resources Tbk (BYAN) | $590.62 Million | 35.30% | 1.41x | $19.09 Billion |
| Exploitasi Energi Indonesia (CNKO) | $2.56 Trillion | -19.75% | 1.21x | $283.02K |
| PT Petrindo Jaya Kreasi Tbk (CUAN) | $49.87 Million | 3.09% | 0.66x | $4.91 Billion |
About RMK Energy PT Tbk
PT RMK Energy Tbk, together with its subsidiaries, provides coal logistic services in Indonesia. The company operates through coal sales and services segments. It provides train loading and unloading, port management, coal offtake and joint operation, and coal mining services. The company was founded in 2009 and is headquartered in Jakarta, Indonesia. PT RMK Energy Tbk is a subsidiary of Pt Rmk I… Read more