Indosterling Technomedia Tbk (TECH) - Net Assets
Based on the latest financial reports, Indosterling Technomedia Tbk (TECH) has net assets worth Rp64.47 Billion IDR (≈ $3.78 Million USD) 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 ≈ $4.34 Million USD) and total liabilities (Rp9.60 Billion ≈ $562.52K 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 Indosterling Technomedia Tbk liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore TECH total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Indosterling Technomedia Tbk market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | Rp65.68 Billion ≈ $3.85 Million |
+16.47% |
| 2021-12-31 | Rp56.39 Billion ≈ $3.30 Million |
+6.36% |
| 2020-12-31 | Rp53.02 Billion ≈ $3.11 Million |
+231.71% |
| 2019-12-31 | Rp15.98 Billion ≈ $936.63K |
+15.31% |
| 2018-12-31 | Rp13.86 Billion ≈ $812.26K |
+158.57% |
| 2017-12-31 | Rp-23.67 Billion ≈ $-1.39 Million |
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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.
| Company | Market Cap |
|---|---|
|
Desert Metals Ltd
AU:DM1
|
$3.68 Million |
|
Imprimerie Chirat Société Anonyme
PA:MLIMP
|
$3.69 Million |
|
WINDELN.DE SE INH O.N.
F:WDL1
|
$3.69 Million |
|
Pinewood Technologies Group PLC
LSE:PINE
|
$3.69 Million |
|
Albright Metals Ltd
AU:ABR
|
$3.68 Million |
|
Fenbo Holdings Limited Ordinary Shares
NASDAQ:FEBO
|
$3.67 Million |
|
Aberdeen New India Investment Trust PLC
LSE:ANII
|
$3.67 Million |
|
The Scottish Oriental Smaller Companies Trust plc
LSE:SST
|
$3.67 Million |
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: $616,228,326,387
- Average return on equity (ROE) among peers: -106.35%
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 | $3.68 Million |
| Dunia Virtual Online Tbk Pt (AREA) | $7.51 Billion | 32.56% | 21.32x | $48.21 Million |
| Anabatic Technologies Tbk PT (ATIC) | $311.00 Billion | 12.27% | 5.03x | $73.94 Million |
| DCI Indonesia Tbk PT (DCII) | $1.21 Trillion | 21.52% | 1.46x | $27.69 Billion |
| Indointernet Tbk PT (EDGE) | $1.21 Trillion | 15.36% | 0.33x | $567.03 Million |
| Envy Technologies Indonesia Tbk PT (ENVY) | $22.73 Billion | -1105.79% | 1.95x | $5.27 Million |
| Multipolar Technology Tbk (MLPT) | $882.02 Billion | 19.56% | 1.74x | $2.37 Billion |
| Mastersystem Infotama Tbk. (MSTI) | $1.24 Trillion | 32.24% | 0.88x | $248.34 Million |
| Solusi Sinergi Digital Tbk PT (WIFI) | $32.58 Billion | 8.55% | 11.87x | $730.99 Million |
| Wir Asia Tbk PT (WIRG) | $626.45 Billion | 6.61% | 0.41x | $55.26 Million |
About Indosterling Technomedia Tbk
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