Tridomain Performance Materials PT
PT Tridomain Performance Materials Tbk engages in the manufacture and sale of specialty performance materials in Indonesia. The company offers water-based, solvent-based coating, and unsaturated polyester resins, as well as plasticizers and acrylamides. It also provides chemical trading and technical services in the form of selling formulas for producing various chemical products, as well as engi… Read more
Tridomain Performance Materials PT (TDPM) - Net Assets
Latest net assets as of September 2023: Rp14.82 Million IDR
Based on the latest financial reports, Tridomain Performance Materials PT (TDPM) has net assets worth Rp14.82 Million IDR as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp142.85 Million) and total liabilities (Rp128.03 Million). 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 | Rp14.82 Million |
| % of Total Assets | 10.37% |
| Annual Growth Rate | -16.68% |
| 5-Year Change | -85.84% |
| 10-Year Change | N/A |
| Growth Volatility | 34.59 |
Tridomain Performance Materials PT - Net Assets Trend (2014–2022)
This chart illustrates how Tridomain Performance Materials 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 Tridomain Performance Materials PT (2014–2022)
The table below shows the annual net assets of Tridomain Performance Materials PT from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | Rp20.26 Million | -72.46% |
| 2021-12-31 | Rp73.56 Million | -52.40% |
| 2020-12-31 | Rp154.54 Million | -2.47% |
| 2019-12-31 | Rp158.46 Million | +10.79% |
| 2018-12-31 | Rp143.03 Million | +42.76% |
| 2017-12-31 | Rp100.18 Million | +6.05% |
| 2016-12-31 | Rp94.47 Million | +4.05% |
| 2015-12-31 | Rp90.80 Million | +4.08% |
| 2014-12-31 | Rp87.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tridomain Performance Materials 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 8985477400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp105.49 Million | 544.50% |
| Other Components | Rp7.83 Million | 40.39% |
| Total Equity | Rp19.37 Million | 100.00% |
Tridomain Performance Materials PT Competitors by Market Cap
The table below lists competitors of Tridomain Performance Materials PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MARINOMED BIOTECH AG INH.
F:93Z
|
$21.09 Million |
|
Neofect Co.Ltd
KQ:290660
|
$21.11 Million |
|
Finch Therapeutics Group Inc
PINK:FNCH
|
$21.11 Million |
|
DMCC SPECIALITY CHEMICALS LIMITED
NSE:DMCC
|
$21.11 Million |
|
AV Tech Corp
TW:8072
|
$21.08 Million |
|
Success Prime Corp
TW:2496
|
$21.08 Million |
|
Wintec Co. Ltd
KQ:320000
|
$21.07 Million |
|
Royal Road Minerals Limited
PINK:RRDMF
|
$21.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tridomain Performance Materials PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 68,680,769 to 19,373,480, a change of -49,307,289 (-71.8%).
- Net loss of 49,405,489 reduced equity.
- Dividend payments of 800,000 reduced retained earnings.
- Other comprehensive income increased equity by 982,452.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-49.41 Million | -255.02% |
| Dividends Paid | Rp800.00K | -4.13% |
| Other Comprehensive Income | Rp982.45K | +5.07% |
| Other Changes | Rp-84.25K | -0.43% |
| Total Change | Rp- | -71.79% |
Book Value vs Market Value Analysis
This analysis compares Tridomain Performance Materials 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: 64403.56x
- 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 14526.49x to 64403.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | Rp0.01 | Rp119.00 | x |
| 2015-12-31 | Rp0.01 | Rp119.00 | x |
| 2016-12-31 | Rp0.01 | Rp119.00 | x |
| 2017-12-31 | Rp0.01 | Rp119.00 | x |
| 2018-12-31 | Rp0.01 | Rp119.00 | x |
| 2019-12-31 | Rp0.01 | Rp119.00 | x |
| 2020-12-31 | Rp0.01 | Rp119.00 | x |
| 2021-12-31 | Rp0.01 | Rp119.00 | x |
| 2022-12-31 | Rp0.00 | Rp119.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tridomain Performance Materials 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): -255.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -77.83%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 7.57x
- Recent ROE (-255.02%) is below the historical average (-36.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 4.75% | 2.67% | 0.84x | 2.11x | Rp-4.51 Million |
| 2015 | 3.56% | 2.52% | 0.71x | 2.00x | Rp-5.75 Million |
| 2016 | 4.62% | 3.56% | 0.57x | 2.27x | Rp-4.79 Million |
| 2017 | 7.12% | 4.23% | 0.75x | 2.25x | Rp-2.73 Million |
| 2018 | 9.00% | 4.61% | 0.88x | 2.22x | Rp-1.37 Million |
| 2019 | 10.26% | 5.06% | 0.87x | 2.34x | Rp396.83K |
| 2020 | -2.33% | -1.74% | 0.57x | 2.35x | Rp-18.31 Million |
| 2021 | -114.47% | -98.81% | 0.38x | 3.07x | Rp-85.48 Million |
| 2022 | -255.02% | -77.83% | 0.43x | 7.57x | Rp-51.34 Million |
Industry Comparison
This section compares Tridomain Performance Materials PT's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $462,032,083,400
- Average return on equity (ROE) among peers: 14.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tridomain Performance Materials PT (TDPM) | Rp14.82 Million | 4.75% | 8.64x | $21.09 Million |
| Avia Avian PT Tbk (AVIA) | $3.45 Trillion | 23.22% | 0.14x | $234.61 Million |
| PT Chemstar Indonesia Tbk (CHEM) | $42.10 Billion | 30.64% | 1.15x | $2.34 Million |
| Colorpak Indonesia Tbk (CLPI) | $45.28 Billion | 18.97% | 0.19x | $8.30 Million |
| Ekadharma International Tbk (EKAD) | $44.30 Billion | 13.76% | 0.32x | $6.86 Million |
| Lotte Chemical Titan Tbk PT (FPNI) | $165.04 Million | 17.24% | 1.02x | $9.50 Million |
| Indo Komoditi Korpora Tbk PT (INCF) | $148.63 Billion | 0.88% | 1.94x | $1.53 Million |
| Intanwijaya Internasional Tbk (INCI) | $128.49 Billion | 0.00% | 0.04x | $2.61 Million |
| PT Kusuma Kemindo Sentosa Tbk (KKES) | $65.02 Billion | -1.80% | 0.67x | $849.24K |
| Lautan Luas Tbk (LTLS) | $452.88 Billion | 1.69% | 1.71x | $27.01 Million |
| Emdeki Utama Tbk PT (MDKI) | $243.28 Billion | 35.63% | 0.36x | $4.98 Million |