Indo Acidatama Tbk
PT Indo Acidatama Tbk operates as an agro-chemical company in Indonesia. The company offers ethanol, acetic acid, and ethyl acetate products; and agro products, such as liquid biofertilizer, organic fertilizer, decomposer, liquid organic fertilizer, liquid organic soil conditioner, and bio-organic fertilizer, as well as farm, fishery, and other products. It also exports its products. The company … Read more
Indo Acidatama Tbk (SRSN) - Net Assets
Latest net assets as of September 2025: Rp777.91 Billion IDR
Based on the latest financial reports, Indo Acidatama Tbk (SRSN) has net assets worth Rp777.91 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 (Rp1.16 Trillion) and total liabilities (Rp379.93 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 | Rp777.91 Billion |
| % of Total Assets | 67.19% |
| Annual Growth Rate | 9.7% |
| 5-Year Change | 25.63% |
| 10-Year Change | 117.17% |
| Growth Volatility | 13628.18 |
Indo Acidatama Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Indo Acidatama Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Indo Acidatama Tbk (2000–2024)
The table below shows the annual net assets of Indo Acidatama Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp738.56 Billion | +3.94% |
| 2023-12-31 | Rp710.59 Billion | +7.94% |
| 2022-12-31 | Rp658.34 Billion | +8.24% |
| 2021-12-31 | Rp608.21 Billion | +3.46% |
| 2020-12-31 | Rp587.89 Billion | +14.24% |
| 2019-12-31 | Rp514.60 Billion | +7.70% |
| 2018-12-31 | Rp477.79 Billion | +14.99% |
| 2017-12-31 | Rp415.51 Billion | +3.35% |
| 2016-12-31 | Rp402.05 Billion | +18.22% |
| 2015-12-31 | Rp340.08 Billion | +3.42% |
| 2014-12-31 | Rp328.84 Billion | +4.60% |
| 2013-12-31 | Rp314.38 Billion | +16.78% |
| 2012-12-31 | Rp269.20 Billion | +6.73% |
| 2011-12-31 | Rp252.24 Billion | +10.51% |
| 2010-12-31 | Rp228.25 Billion | +4.50% |
| 2009-12-31 | Rp218.42 Billion | +13.15% |
| 2008-12-31 | Rp193.04 Billion | +3.65% |
| 2007-12-31 | Rp186.25 Billion | +16.01% |
| 2006-12-31 | Rp160.55 Billion | +17.05% |
| 2005-12-31 | Rp137.17 Billion | +68202.40% |
| 2004-12-31 | Rp200.82 Million | -99.66% |
| 2003-12-31 | Rp58.45 Billion | -25.30% |
| 2002-12-31 | Rp78.24 Billion | -17.41% |
| 2001-12-31 | Rp94.74 Billion | +18.32% |
| 2000-12-31 | Rp80.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indo Acidatama 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 27165766600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp271.66 Billion | 36.78% |
| Common Stock | Rp301.00 Billion | 40.76% |
| Other Comprehensive Income | Rp165.19 Billion | 22.37% |
| Other Components | Rp708.33 Million | 0.10% |
| Total Equity | Rp738.56 Billion | 100.00% |
Indo Acidatama Tbk Competitors by Market Cap
The table below lists competitors of Indo Acidatama Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mynaric AG
PINK:MOYFF
|
$4.25 Million |
|
Lendway Inc.
NASDAQ:LDWY
|
$4.25 Million |
|
New Age Exploration Ltd
AU:NAE
|
$4.25 Million |
|
Rhone Ma Holdings Bhd
KLSE:5278
|
$4.26 Million |
|
Oronova Energy Inc
V:ONV-H
|
$4.25 Million |
|
Cardiex Ltd
AU:CDX
|
$4.25 Million |
|
Pursuit Minerals Ltd
AU:PUR
|
$4.25 Million |
|
Ace Oldfields PT
JK:KUAS
|
$4.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indo Acidatama Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 710,587,520,000 to 738,557,329,000, a change of 27,969,809,000 (3.9%).
- Net income of 22,501,564,000 contributed positively to equity growth.
- Dividend payments of 6,017,246,000 reduced retained earnings.
- Other comprehensive income increased equity by 10,612,199,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp22.50 Billion | +3.05% |
| Dividends Paid | Rp6.02 Billion | -0.81% |
| Other Comprehensive Income | Rp10.61 Billion | +1.44% |
| Other Changes | Rp873.29 Million | +0.12% |
| Total Change | Rp- | 3.94% |
Book Value vs Market Value Analysis
This analysis compares Indo Acidatama 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: 0.46x
- 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.
- The price-to-book ratio has decreased from 1.75x to 0.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp32.07 | Rp56.00 | x |
| 2009-12-31 | Rp36.28 | Rp56.00 | x |
| 2010-12-31 | Rp37.92 | Rp56.00 | x |
| 2011-12-31 | Rp41.90 | Rp56.00 | x |
| 2012-12-31 | Rp44.72 | Rp56.00 | x |
| 2013-12-31 | Rp52.22 | Rp56.00 | x |
| 2014-12-31 | Rp54.62 | Rp56.00 | x |
| 2015-12-31 | Rp56.49 | Rp56.00 | x |
| 2016-12-31 | Rp66.79 | Rp56.00 | x |
| 2017-12-31 | Rp69.02 | Rp56.00 | x |
| 2018-12-31 | Rp79.37 | Rp56.00 | x |
| 2019-12-31 | Rp85.48 | Rp56.00 | x |
| 2020-12-31 | Rp97.66 | Rp56.00 | x |
| 2021-12-31 | Rp101.03 | Rp56.00 | x |
| 2022-12-31 | Rp109.36 | Rp56.00 | x |
| 2023-12-31 | Rp118.04 | Rp56.00 | x |
| 2024-12-31 | Rp122.68 | Rp56.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indo Acidatama 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): 3.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.95%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.54x
- Recent ROE (3.05%) is below the historical average (8.31%), 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 | 21.38% | 5.05% | 1.93x | 2.19x | Rp9.12 Billion |
| 2001 | 15.55% | 4.60% | 1.76x | 1.91x | Rp5.26 Billion |
| 2005 | 16.61% | 7.85% | 0.86x | 2.47x | Rp9.06 Billion |
| 2006 | 14.57% | 8.68% | 0.82x | 2.06x | Rp7.33 Billion |
| 2007 | 13.80% | 9.58% | 0.80x | 1.79x | Rp7.07 Billion |
| 2008 | 3.52% | 2.17% | 0.80x | 2.04x | Rp-12.51 Billion |
| 2009 | 11.62% | 7.20% | 0.85x | 1.89x | Rp3.54 Billion |
| 2010 | 4.31% | 2.87% | 0.94x | 1.59x | Rp-12.99 Billion |
| 2011 | 9.51% | 6.19% | 1.07x | 1.43x | Rp-1.24 Billion |
| 2012 | 6.30% | 4.41% | 0.96x | 1.49x | Rp-9.96 Billion |
| 2013 | 5.09% | 4.08% | 0.93x | 1.34x | Rp-15.44 Billion |
| 2014 | 4.40% | 3.06% | 1.02x | 1.41x | Rp-18.43 Billion |
| 2015 | 4.56% | 2.92% | 0.93x | 1.69x | Rp-18.50 Billion |
| 2016 | 2.75% | 2.21% | 0.70x | 1.78x | Rp-29.15 Billion |
| 2017 | 4.26% | 3.39% | 0.80x | 1.57x | Rp-23.85 Billion |
| 2018 | 8.11% | 6.45% | 0.88x | 1.44x | Rp-9.04 Billion |
| 2019 | 8.32% | 6.26% | 0.88x | 1.51x | Rp-8.63 Billion |
| 2020 | 7.51% | 4.96% | 0.98x | 1.54x | Rp-14.64 Billion |
| 2021 | 4.36% | 2.92% | 1.06x | 1.41x | Rp-34.28 Billion |
| 2022 | 5.11% | 3.44% | 1.12x | 1.33x | Rp-32.19 Billion |
| 2023 | 8.16% | 5.65% | 1.10x | 1.32x | Rp-13.04 Billion |
| 2024 | 3.05% | 1.95% | 1.02x | 1.54x | Rp-51.35 Billion |
Industry Comparison
This section compares Indo Acidatama Tbk's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $333,488,248,130
- Average return on equity (ROE) among peers: -2.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indo Acidatama Tbk (SRSN) | Rp777.91 Billion | 21.38% | 0.49x | $4.25 Million |
| Polychem Indonesia Tbk (ADMG) | $145.26 Million | -18.41% | 0.18x | $3.21 Million |
| Aneka Gas Industri Tbk PT (AGII) | $1.71 Trillion | 2.46% | 1.89x | $47.02 Million |
| Bintang Mitra Semestaraya Tbk (BMSR) | $330.01 Billion | -8.46% | 1.15x | $9.21 Million |
| Barito Pacific Tbk (BRPT) | $4.27 Billion | 6.94% | 1.17x | $2.21 Billion |
| Surya Esa Perkasa Tbk (ESSA) | $311.78 Million | -10.77% | 1.54x | $432.22 Million |
| Eterindo Wahanatama Tbk (ETWA) | $-268.17 Billion | 0.00% | 0.00x | $2.09 Million |
| Haloni Jane (HALO) | $-210.88 Billion | 0.00% | 0.00x | $1.50 Million |
| Madusari Murni Indah Tbk PT (MOLI) | $1.35 Trillion | 0.96% | 0.43x | $3.11 Million |
| Surya Biru Murni Acetylene Tbk PT (SBMA) | $76.76 Billion | 6.02% | 0.66x | $1.84 Million |