Indosterling Technomedia Tbk

JK:TECH Indonesia Information Technology Services
Market Cap
$3.86 Million
Rp62.82 Billion IDR
Market Cap Rank
#33720 Global
#742 in Indonesia
Share Price
Rp50.00
Change (1 day)
+0.00%
52-Week Range
Rp50.00 - Rp50.00
All Time High
Rp9550.00
About

PT Indosterling Technomedia TBK engages in information technology (IT) and digital sectors that serves business-to-business markets in Indonesia. The company offers integrated campus management solution that provides services for various administrative and academic needs in the campus; property management system to help property managers' work; Hyperlocal Directory, a platform that provides onlin… Read more

Indosterling Technomedia Tbk (TECH) - Net Assets

Latest net assets as of March 2023: Rp64.47 Billion IDR

Based on the latest financial reports, Indosterling Technomedia Tbk (TECH) has net assets worth Rp64.47 Billion IDR as of March 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp74.07 Billion) and total liabilities (Rp9.60 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 Rp64.47 Billion
% of Total Assets 87.04%
Annual Growth Rate N/A
5-Year Change 373.85%
10-Year Change N/A
Growth Volatility 94.91

Indosterling Technomedia Tbk - Net Assets Trend (2017–2022)

This chart illustrates how Indosterling Technomedia 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 Indosterling Technomedia Tbk (2017–2022)

The table below shows the annual net assets of Indosterling Technomedia Tbk from 2017 to 2022.

Year Net Assets Change
2022-12-31 Rp65.68 Billion +16.47%
2021-12-31 Rp56.39 Billion +6.36%
2020-12-31 Rp53.02 Billion +231.71%
2019-12-31 Rp15.98 Billion +15.31%
2018-12-31 Rp13.86 Billion +158.57%
2017-12-31 Rp-23.67 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Indosterling Technomedia 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 446442647100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2022)

Component Amount Percentage
Common Stock Rp62.81 Billion 92.83%
Other Comprehensive Income Rp469.42 Million 0.69%
Other Components Rp23.58 Billion 34.85%
Total Equity Rp67.67 Billion 100.00%

Indosterling Technomedia Tbk Competitors by Market Cap

The table below lists competitors of Indosterling Technomedia Tbk ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Indosterling Technomedia Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2021 to 2022, total equity changed from 57,819,749,205 to 67,669,768,696, a change of 9,850,019,491 (17.0%).
  • Net income of 3,230,337,967 contributed positively to equity growth.
  • Other comprehensive income increased equity by 1,143,543,366.
  • Other factors increased equity by 5,476,138,158.

Equity Change Factors (2021 to 2022)

Factor Impact Contribution
Net Income Rp3.23 Billion +4.77%
Other Comprehensive Income Rp1.14 Billion +1.69%
Other Changes Rp5.48 Billion +8.09%
Total Change Rp- 17.04%

Book Value vs Market Value Analysis

This analysis compares Indosterling Technomedia 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: 0.93x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 Rp-23.55 Rp50.00 x
2018-12-31 Rp13.79 Rp50.00 x
2019-12-31 Rp12.78 Rp50.00 x
2020-12-31 Rp46.24 Rp50.00 x
2021-12-31 Rp46.02 Rp50.00 x
2022-12-31 Rp53.86 Rp50.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Indosterling Technomedia 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): 4.77%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.86%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.10x
  • Recent ROE (4.77%) is above the historical average (-10.00%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 0.00% -448.36% 0.64x 0.00x Rp-6.77 Billion
2018 -93.73% -113.74% 0.56x 1.46x Rp-14.38 Billion
2019 18.28% 14.93% 0.76x 1.61x Rp1.33 Billion
2020 3.12% 7.71% 0.33x 1.23x Rp-3.65 Billion
2021 7.58% 18.58% 0.35x 1.15x Rp-1.40 Billion
2022 4.77% 16.86% 0.26x 1.10x Rp-3.54 Billion

Industry Comparison

This section compares Indosterling Technomedia Tbk's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $305,378,102,127
  • Average return on equity (ROE) among peers: 18.72%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Indosterling Technomedia Tbk (TECH) Rp64.47 Billion 0.00% 0.15x $2.40 Million
Dunia Virtual Online Tbk Pt (AREA) $5.25 Billion 81.76% 0.70x $10.22 Million
Anabatic Technologies Tbk PT (ATIC) $206.47 Billion 15.88% 4.57x $8.54 Million
DCI Indonesia Tbk PT (DCII) $414.73 Billion 11.49% 0.63x $6.58 Billion
Indointernet Tbk PT (EDGE) $141.46 Billion 31.71% 0.74x $46.99 Million
PT Data Sinergitama Jaya Tbk (ELIT) $54.70 Billion 17.76% 1.19x $6.82 Million
Envy Technologies Indonesia Tbk PT (ENVY) $-485.30 Million 0.00% 0.00x $5.50 Million
PT Informasi Teknologi Indones (JATI) $161.04 Billion 1.66% 0.96x $4.29 Million
Multipolar Technology Tbk (MLPT) $79.68 Billion 0.00% 3.77x $333.67 Million
Mastersystem Infotama Tbk. (MSTI) $1.95 Trillion 23.02% 0.58x $38.06 Million
PT Techno9 Indonesia Tbk (NINE) $45.58 Billion 3.96% 0.11x $9.26 Million