Telefast Indonesia
PT Telefast Indonesia Tbk, together with its subsidiaries, Provide Telecommunication Products and Digital Platform Service in Indonesia. It operates through Digital Products, Digital Services, and Supply chain and Logistics segments. The company provides logistic services, including first mile and last mile, drop point, middle mile, and digital logistics services; and Fastpoint, an express busine… Read more
Telefast Indonesia (TFAS) - Net Assets
Latest net assets as of September 2025: Rp176.42 Billion IDR
Based on the latest financial reports, Telefast Indonesia (TFAS) has net assets worth Rp176.42 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 (Rp230.59 Billion) and total liabilities (Rp54.17 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 | Rp176.42 Billion |
| % of Total Assets | 76.51% |
| Annual Growth Rate | 47.91% |
| 5-Year Change | 12.89% |
| 10-Year Change | N/A |
| Growth Volatility | 85.6 |
Telefast Indonesia - Net Assets Trend (2016–2024)
This chart illustrates how Telefast Indonesia 's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Telefast Indonesia (2016–2024)
The table below shows the annual net assets of Telefast Indonesia from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp178.39 Billion | -7.75% |
| 2023-12-31 | Rp193.38 Billion | +0.87% |
| 2022-12-31 | Rp191.71 Billion | -2.22% |
| 2021-12-31 | Rp196.06 Billion | +24.07% |
| 2020-12-31 | Rp158.02 Billion | +3.43% |
| 2019-12-31 | Rp152.78 Billion | +219.71% |
| 2018-12-31 | Rp47.79 Billion | +173.77% |
| 2017-12-31 | Rp17.46 Billion | +124.15% |
| 2016-12-31 | Rp7.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Telefast Indonesia '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 1052.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp73.06 Billion | 41.42% |
| Common Stock | Rp33.33 Billion | 18.90% |
| Other Components | Rp69.97 Billion | 39.68% |
| Total Equity | Rp176.36 Billion | 100.00% |
Telefast Indonesia Competitors by Market Cap
The table below lists competitors of Telefast Indonesia ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sidma S.A. Steel Products
AT:SIDMA
|
$6.22 Million |
|
The State Trading Corporation of India Limited
NSE:STCINDIA
|
$6.22 Million |
|
Airway
WAR:AWM
|
$6.22 Million |
|
Lotus KFM Bhd
KLSE:8303
|
$6.22 Million |
|
DiGiSPICE Technologies Limited
NSE:DIGISPICE
|
$6.21 Million |
|
Battery Age Minerals Ltd
AU:BM8
|
$6.21 Million |
|
Bicicletas Monark S.A
SA:BMKS3
|
$6.21 Million |
|
Obiz Concept SAS
PA:ALBIZ
|
$6.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telefast Indonesia 's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 185,266,370,000 to 176,362,288,000, a change of -8,904,082,000 (-4.8%).
- Net loss of 9,538,241,000 reduced equity.
- Other comprehensive income decreased equity by 907,621,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-9.54 Billion | -5.41% |
| Other Comprehensive Income | Rp-907.62 Million | -0.51% |
| Other Changes | Rp1.54 Billion | +0.87% |
| Total Change | Rp- | -4.81% |
Book Value vs Market Value Analysis
This analysis compares Telefast Indonesia '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: 2.01x
- 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 45.80x to 2.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp4.67 | Rp214.00 | x |
| 2017-12-31 | Rp10.30 | Rp214.00 | x |
| 2018-12-31 | Rp27.39 | Rp214.00 | x |
| 2019-12-31 | Rp103.03 | Rp214.00 | x |
| 2020-12-31 | Rp93.71 | Rp214.00 | x |
| 2021-12-31 | Rp109.82 | Rp214.00 | x |
| 2022-12-31 | Rp110.81 | Rp214.00 | x |
| 2023-12-31 | Rp111.82 | Rp214.00 | x |
| 2024-12-31 | Rp106.45 | Rp214.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telefast Indonesia 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): -5.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.37%
- • Asset Turnover: 1.61x
- • Equity Multiplier: 1.42x
- Recent ROE (-5.41%) is below the historical average (15.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 48.21% | 1.77% | 14.67x | 1.85x | Rp2.98 Billion |
| 2017 | 17.35% | 0.97% | 1.76x | 10.19x | Rp1.26 Billion |
| 2018 | 43.14% | 3.18% | 6.97x | 1.94x | Rp15.13 Billion |
| 2019 | 12.50% | 2.83% | 2.89x | 1.53x | Rp3.77 Billion |
| 2020 | 4.18% | 1.14% | 2.54x | 1.44x | Rp-9.04 Billion |
| 2021 | 14.63% | 4.13% | 2.34x | 1.51x | Rp8.43 Billion |
| 2022 | 0.65% | 0.16% | 2.90x | 1.44x | Rp-17.16 Billion |
| 2023 | 0.48% | 0.14% | 2.47x | 1.38x | Rp-17.64 Billion |
| 2024 | -5.41% | -2.37% | 1.61x | 1.42x | Rp-27.17 Billion |
Industry Comparison
This section compares Telefast Indonesia 's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $98,371,943,673
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telefast Indonesia (TFAS) | Rp176.42 Billion | 48.21% | 0.31x | $6.21 Million |
| Personel Alih Daya (PADA) | $49.13 Billion | 8.91% | 3.06x | $7.52 Million |
| Shield On Service Tbk PT (SOSS) | $212.82 Billion | 11.20% | 0.62x | $1.30 Million |
| Venteny Fortuna International (VTNY) | $33.16 Billion | 1.08% | 6.30x | $5.42 Million |