Shield On Service Tbk PT
PT Shield On Service Tbk, together with its subsidiaries, provides outsourcing services in Indonesia. It operates through Security Services, Human Resource provider Services, Cleaning Services, Parking Management Services, and Other Services segments. The company offers security services comprising security and guarding, alarm system, corporate and personal, VIP protection, and certified security… Read more
Shield On Service Tbk PT (SOSS) - Net Assets
Latest net assets as of September 2025: Rp289.10 Billion IDR
Based on the latest financial reports, Shield On Service Tbk PT (SOSS) has net assets worth Rp289.10 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp495.13 Billion) and total liabilities (Rp206.03 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 | Rp289.10 Billion |
| % of Total Assets | 58.39% |
| Annual Growth Rate | 25.67% |
| 5-Year Change | 100.96% |
| 10-Year Change | N/A |
| Growth Volatility | 39.62 |
Shield On Service Tbk PT - Net Assets Trend (2015–2024)
This chart illustrates how Shield On Service 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 Shield On Service Tbk PT (2015–2024)
The table below shows the annual net assets of Shield On Service Tbk PT from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp299.33 Billion | +1.72% |
| 2023-12-31 | Rp294.26 Billion | +38.26% |
| 2022-12-31 | Rp212.82 Billion | +16.59% |
| 2021-12-31 | Rp182.54 Billion | +22.56% |
| 2020-12-31 | Rp148.95 Billion | +12.66% |
| 2019-12-31 | Rp132.21 Billion | +36.35% |
| 2018-12-31 | Rp96.96 Billion | +105.59% |
| 2017-12-31 | Rp47.16 Billion | +84.68% |
| 2016-12-31 | Rp25.54 Billion | -33.27% |
| 2015-12-31 | Rp38.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shield On Service 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 grown by 251.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp134.55 Billion | 51.27% |
| Common Stock | Rp79.94 Billion | 30.46% |
| Other Comprehensive Income | Rp-665.85 Million | -0.25% |
| Other Components | Rp48.62 Billion | 18.52% |
| Total Equity | Rp262.44 Billion | 100.00% |
Shield On Service Tbk PT Competitors by Market Cap
The table below lists competitors of Shield On Service Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Glassbox Ltd
TA:GLBX
|
$1.30 Million |
|
China Bozza Development Holdings Limited
PINK:CHBOF
|
$1.30 Million |
|
Range International Ltd
AU:RAN
|
$1.31 Million |
|
HUIJING HLDG.CO.LTD HD-01
F:3XU
|
$1.31 Million |
|
AcSiP Technology Corp.
TWO:6403
|
$1.30 Million |
|
Skinvisible Inc
OTCQB:SKVI
|
$1.30 Million |
|
OCB Bhd
KLSE:5533
|
$1.30 Million |
|
ATLANTIC PETROL.PF DK 1
F:B3W
|
$1.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shield On Service Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 264,148,510,000 to 262,441,732,000, a change of -1,706,778,000 (-0.6%).
- Net income of 5,686,943,000 contributed positively to equity growth.
- Dividend payments of 7,994,142,000 reduced retained earnings.
- Other comprehensive income increased equity by 600,421,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp5.69 Billion | +2.17% |
| Dividends Paid | Rp7.99 Billion | -3.05% |
| Other Comprehensive Income | Rp600.42 Million | +0.23% |
| Total Change | Rp- | -0.65% |
Book Value vs Market Value Analysis
This analysis compares Shield On Service 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: 2.56x
- 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 17.96x to 2.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Rp46.77 | Rp840.00 | x |
| 2016-12-31 | Rp30.68 | Rp840.00 | x |
| 2017-12-31 | Rp53.24 | Rp840.00 | x |
| 2018-12-31 | Rp200.00 | Rp840.00 | x |
| 2019-12-31 | Rp120.79 | Rp840.00 | x |
| 2020-12-31 | Rp199.85 | Rp840.00 | x |
| 2021-12-31 | Rp249.68 | Rp840.00 | x |
| 2022-12-31 | Rp234.14 | Rp840.00 | x |
| 2023-12-31 | Rp449.33 | Rp840.00 | x |
| 2024-12-31 | Rp328.29 | Rp840.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shield On Service 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): 2.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.30%
- • Asset Turnover: 4.12x
- • Equity Multiplier: 1.73x
- Recent ROE (2.17%) is below the historical average (11.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 7.64% | 0.50% | 2.89x | 5.31x | Rp-882.94 Million |
| 2016 | 3.03% | 0.12% | 3.59x | 6.78x | Rp-1.71 Billion |
| 2017 | 9.86% | 0.46% | 3.96x | 5.40x | Rp-60.14 Million |
| 2018 | 14.43% | 1.41% | 4.24x | 2.42x | Rp3.88 Billion |
| 2019 | 22.90% | 2.01% | 5.10x | 2.24x | Rp15.27 Billion |
| 2020 | 12.30% | 1.22% | 4.66x | 2.17x | Rp3.11 Billion |
| 2021 | 17.18% | 2.03% | 4.37x | 1.93x | Rp11.81 Billion |
| 2022 | 12.56% | 1.56% | 4.43x | 1.82x | Rp4.85 Billion |
| 2023 | 10.46% | 1.55% | 3.86x | 1.75x | Rp1.20 Billion |
| 2024 | 2.17% | 0.30% | 4.12x | 1.73x | Rp-20.56 Billion |
Industry Comparison
This section compares Shield On Service Tbk PT's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $91,891,635,340
- Average return on equity (ROE) among peers: 3.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shield On Service Tbk PT (SOSS) | Rp289.10 Billion | 7.64% | 0.71x | $1.30 Million |
| Personel Alih Daya (PADA) | $49.13 Billion | 8.91% | 3.06x | $7.52 Million |
| Telefast Indonesia (TFAS) | $193.38 Billion | 0.46% | 0.32x | $6.21 Million |
| Venteny Fortuna International (VTNY) | $33.16 Billion | 1.08% | 6.30x | $5.42 Million |