Soechi Lines Tbk (SOCI) - Net Assets
Based on the latest financial reports, Soechi Lines Tbk (SOCI) has net assets worth Rp406.26 Million IDR (≈ $23.81K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp609.88 Million ≈ $35.74K USD) and total liabilities (Rp203.62 Million ≈ $11.93K 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 SOCI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp406.26 Million |
| % of Total Assets | 66.61% |
| Annual Growth Rate | 14.88% |
| 5-Year Change | 10.94% |
| 10-Year Change | 43.68% |
| Growth Volatility | 23.36 |
Soechi Lines Tbk - Net Assets Trend (2011–2024)
This chart illustrates how Soechi Lines Tbk's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Soechi Lines Tbk for the complete picture of this company's asset base.
Annual Net Assets for Soechi Lines Tbk (2011–2024)
The table below shows the annual net assets of Soechi Lines Tbk from 2011 to 2024. For live valuation and market cap data, see SOCI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp400.39 Million ≈ $23.46K |
+4.67% |
| 2023-12-31 | Rp382.52 Million ≈ $22.41K |
+2.26% |
| 2022-12-31 | Rp374.07 Million ≈ $21.92K |
+1.80% |
| 2021-12-31 | Rp367.45 Million ≈ $21.53K |
+1.81% |
| 2020-12-31 | Rp360.92 Million ≈ $21.15K |
+7.58% |
| 2019-12-31 | Rp335.51 Million ≈ $19.66K |
+2.53% |
| 2018-12-31 | Rp327.21 Million ≈ $19.17K |
+4.01% |
| 2017-12-31 | Rp314.59 Million ≈ $18.43K |
+6.51% |
| 2016-12-31 | Rp295.37 Million ≈ $17.31K |
+5.99% |
| 2015-12-31 | Rp278.67 Million ≈ $16.33K |
+17.19% |
| 2014-12-31 | Rp237.79 Million ≈ $13.93K |
+71.67% |
| 2013-12-31 | Rp138.52 Million ≈ $8.12K |
+67.04% |
| 2012-12-31 | Rp82.93 Million ≈ $4.86K |
+25.68% |
| 2011-12-31 | Rp65.98 Million ≈ $3.87K |
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Equity Component Analysis
This analysis shows how different components contribute to Soechi Lines 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 6346.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp222.41 Million | 55.63% |
| Common Stock | Rp65.77 Million | 16.45% |
| Other Components | Rp111.64 Million | 27.92% |
| Total Equity | Rp399.82 Million | 100.00% |
Soechi Lines Tbk Competitors by Market Cap
The table below lists competitors of Soechi Lines Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hi-Tech Pipes Limited
NSE:HITECH
|
$202.06 Million |
|
Columbus A/S
CO:COLUM
|
$202.08 Million |
|
Nova Lifestyle I
NASDAQ:NVFY
|
$202.14 Million |
|
Paramita Bangun Sarana Tbk PT
JK:PBSA
|
$202.16 Million |
|
Microvision Inc
NASDAQ:MVIS
|
$201.78 Million |
|
Horizon Technology Finance
NASDAQ:HRZN
|
$201.74 Million |
|
cBrain A/S
CO:CBRAIN
|
$201.70 Million |
|
HealWELL AI Inc.
TO:AIDX
|
$201.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Soechi Lines Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 382,266,209 to 399,822,924, a change of 17,556,715 (4.6%).
- Net income of 17,130,116 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,368.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp17.13 Million | +4.28% |
| Other Comprehensive Income | Rp1.37K | +0.0% |
| Other Changes | Rp425.23K | +0.11% |
| Total Change | Rp- | 4.59% |
Book Value vs Market Value Analysis
This analysis compares Soechi Lines 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: 8615.79x
- 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 increased from 3230.26x to 8615.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp0.15 | Rp488.00 | x |
| 2013-12-31 | Rp0.02 | Rp488.00 | x |
| 2014-12-31 | Rp0.05 | Rp488.00 | x |
| 2015-12-31 | Rp0.04 | Rp488.00 | x |
| 2016-12-31 | Rp0.04 | Rp488.00 | x |
| 2017-12-31 | Rp0.04 | Rp488.00 | x |
| 2018-12-31 | Rp0.05 | Rp488.00 | x |
| 2019-12-31 | Rp0.05 | Rp488.00 | x |
| 2020-12-31 | Rp0.05 | Rp488.00 | x |
| 2021-12-31 | Rp0.05 | Rp488.00 | x |
| 2022-12-31 | Rp0.05 | Rp488.00 | x |
| 2023-12-31 | Rp0.05 | Rp488.00 | x |
| 2024-12-31 | Rp0.06 | Rp488.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Soechi Lines 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): 4.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.34%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.51x
- Recent ROE (4.28%) is below the historical average (7.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 3.32% | 3.85% | 0.24x | 3.56x | Rp-5.53 Million |
| 2013 | 21.84% | 28.40% | 0.28x | 2.71x | Rp16.38 Million |
| 2014 | 13.97% | 26.05% | 0.29x | 1.85x | Rp9.44 Million |
| 2015 | 14.70% | 28.85% | 0.28x | 1.84x | Rp13.08 Million |
| 2016 | 7.19% | 16.27% | 0.23x | 1.89x | Rp-8.30 Million |
| 2017 | 6.86% | 15.54% | 0.24x | 1.87x | Rp-9.86 Million |
| 2018 | 4.09% | 10.10% | 0.20x | 2.05x | Rp-19.32 Million |
| 2019 | 2.80% | 5.97% | 0.23x | 2.05x | Rp-24.14 Million |
| 2020 | 7.56% | 20.98% | 0.20x | 1.83x | Rp-8.80 Million |
| 2021 | 1.48% | 4.22% | 0.20x | 1.71x | Rp-31.28 Million |
| 2022 | 1.73% | 4.49% | 0.23x | 1.70x | Rp-30.91 Million |
| 2023 | 2.33% | 5.25% | 0.28x | 1.58x | Rp-29.30 Million |
| 2024 | 4.28% | 10.34% | 0.27x | 1.51x | Rp-22.85 Million |
Industry Comparison
This section compares Soechi Lines Tbk's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $103,979,513,591
- Average return on equity (ROE) among peers: 7.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Soechi Lines Tbk (SOCI) | Rp406.26 Million | 3.32% | 0.50x | $201.85 Million |
| Pelayaran Nasional Bina Buana Raya (BBRM) | $69.16 Million | -11.36% | 1.03x | $31.24 Million |
| Batulicin Nusantara Maritim Tbk PT (BESS) | $572.54 Billion | 13.87% | 0.20x | $227.80 Million |
| Berlian Laju Tanker Tbk PT (BLTA) | $353.01 Million | 22.89% | 5.23x | $57.72 Million |
| Bintang Samudera Mandiri Lines Tbk PT (BSML) | $51.19 Billion | 0.84% | 3.10x | $43.37 Million |
| Buana Listya Tama Tbk PT (BULL) | $101.58 Million | -41.02% | 1.52x | $463.04 Million |
| Capitol Nusantara Indonesia (CANI) | $12.07 Million | 0.00% | 5.77x | $6.89 Million |
| GTS Internasional Tbk PT (GTSI) | $60.27 Million | 22.04% | 0.70x | $203.93 Million |
| Habco Trans Maritima (HATM) | $369.96 Billion | 24.37% | 0.18x | $155.64 Million |
| Humpuss Intermoda Transportasi (HITS) | $21.16 Million | 12.76% | 6.53x | $48.27 Million |
| Tanah Laut Tbk (INDX) | $45.49 Billion | 32.64% | 2.31x | $2.67 Million |
About Soechi Lines Tbk
PT Soechi Lines Tbk provides shipping and shipyard services in Indonesia. The company operates through two segments, Shipping and Shipyard. It offers transportation services for oil, gas, and chemicals; and ship maintenance, repair, overhauling vessels, and dry docking services. The company also provides management and business consulting services; and business brokerage services, as well as brok… Read more