Global Sukses Solusi Tbk PT (RUNS) - Net Assets
Based on the latest financial reports, Global Sukses Solusi Tbk PT (RUNS) has net assets worth Rp65.82 Billion IDR (≈ $3.86 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp88.41 Billion ≈ $5.18 Million USD) and total liabilities (Rp22.59 Billion ≈ $1.32 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 Global Sukses Solusi Tbk PT tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp65.82 Billion |
| % of Total Assets | 74.45% |
| Annual Growth Rate | 62.56% |
| 5-Year Change | 90.42% |
| 10-Year Change | N/A |
| Growth Volatility | 192.94 |
Global Sukses Solusi Tbk PT - Net Assets Trend (2019–2024)
This chart illustrates how Global Sukses Solusi Tbk PT's net assets have evolved over time, based on quarterly financial data. See Global Sukses Solusi Tbk PT (RUNS) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Global Sukses Solusi Tbk PT (2019–2024)
The table below shows the annual net assets of Global Sukses Solusi Tbk PT from 2019 to 2024. For live valuation and market cap data, see Global Sukses Solusi Tbk PT market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp66.64 Billion ≈ $3.90 Million |
-3.60% |
| 2023-12-31 | Rp69.13 Billion ≈ $4.05 Million |
-7.43% |
| 2022-12-31 | Rp74.67 Billion ≈ $4.38 Million |
+10.30% |
| 2021-12-31 | Rp67.70 Billion ≈ $3.97 Million |
+93.46% |
| 2020-12-31 | Rp35.00 Billion ≈ $2.05 Million |
+496.69% |
| 2019-12-31 | Rp5.86 Billion ≈ $343.66K |
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Equity Component Analysis
This analysis shows how different components contribute to Global Sukses Solusi 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 228.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp3.93 Billion | 6.36% |
| Other Comprehensive Income | Rp2.40 Billion | 3.89% |
| Other Components | Rp62.72 Billion | 101.40% |
| Total Equity | Rp61.85 Billion | 100.00% |
Global Sukses Solusi Tbk PT Competitors by Market Cap
The table below lists competitors of Global Sukses Solusi Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Omnia Metals Group Ltd
AU:OM1
|
$4.54 Million |
|
BIRD RIVER RES. INC.
F:1Q1A
|
$4.55 Million |
|
Xstate Resources Ltd
AU:XST
|
$4.55 Million |
|
CME Group Bhd
KLSE:7018
|
$4.55 Million |
|
Azucar Minerals Ltd
V:AMZ
|
$4.54 Million |
|
Videndum Plc
LSE:VID
|
$4.54 Million |
|
Merko Gida Sanayi ve Ticaret AS
IS:MERKO
|
$4.54 Million |
|
TANTALEX LITHIUM RES.CORP
F:DW8
|
$4.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Sukses Solusi Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 62,595,615,000 to 61,851,301,000, a change of -744,314,000 (-1.2%).
- Net loss of 3,194,942,000 reduced equity.
- Share repurchases of 3,359,736,000 reduced equity.
- Other comprehensive income increased equity by 2,450,629,000.
- Other factors increased equity by 3,359,735,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-3.19 Billion | -5.17% |
| Share Repurchases | Rp3.36 Billion | -5.43% |
| Other Comprehensive Income | Rp2.45 Billion | +3.96% |
| Other Changes | Rp3.36 Billion | +5.43% |
| Total Change | Rp- | -1.19% |
Book Value vs Market Value Analysis
This analysis compares Global Sukses Solusi 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: 1.25x
- 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 20.30x to 1.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp3.89 | Rp79.00 | x |
| 2020-12-31 | Rp23.08 | Rp79.00 | x |
| 2021-12-31 | Rp79.80 | Rp79.00 | x |
| 2022-12-31 | Rp82.35 | Rp79.00 | x |
| 2023-12-31 | Rp73.78 | Rp79.00 | x |
| 2024-12-31 | Rp63.14 | Rp79.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Sukses Solusi 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): -5.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.16%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.45x
- Recent ROE (-5.17%) is below the historical average (4.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 35.53% | 35.47% | 0.86x | 1.16x | Rp1.51 Billion |
| 2020 | 22.02% | 34.26% | 0.59x | 1.10x | Rp4.21 Billion |
| 2021 | -16.11% | -220.99% | 0.07x | 1.02x | Rp-17.68 Billion |
| 2022 | 4.21% | 9.40% | 0.36x | 1.25x | Rp-4.04 Billion |
| 2023 | -10.95% | -24.72% | 0.29x | 1.54x | Rp-13.11 Billion |
| 2024 | -5.17% | -15.16% | 0.23x | 1.45x | Rp-9.38 Billion |
Industry Comparison
This section compares Global Sukses Solusi Tbk PT's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $742,713,241,414
- Average return on equity (ROE) among peers: -27.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Sukses Solusi Tbk PT (RUNS) | Rp65.82 Billion | 35.53% | 0.34x | $4.54 Million |
| Nusantara Voucher Distribution Tbk PT (DIVA) | $2.15 Trillion | 0.39% | 0.09x | $9.35 Million |
| Kioson Komersial Indonesia Tbk PT (KIOS) | $49.73 Billion | -83.72% | 2.78x | $5.55 Million |
| Trimegah Karya Pratama Tbk PT (UVCR) | $28.73 Billion | 1.01% | 0.37x | $22.03 Million |
About Global Sukses Solusi Tbk PT
PT Global Sukses Solusi Tbk provides enterprise resource planning software solutions under the RUN System brand name for various business processes in Southeast Asia. It provides various solutions for cost control, cash flow management, asset management, enterprise accounting, account payable, and account receivable; sales management, international trade logistic, and distribution management; and… Read more