Pabrik Kertas Tjiwi Kimia Tbk
PT Pabrik Kertas Tjiwi Kimia Tbk manufactures and sells writing and printing paper products in Asia, Africa, Europe, the Middle East, the United States, and internationally. It operates in two segments, Cultural Paper Products, and Industrial Paper Products and Other. The company provides white grade paper products, such as uncoated woodfree, uncoated photocopy, coated carbonless, specialty greas… Read more
Pabrik Kertas Tjiwi Kimia Tbk (TKIM) - Net Assets
Latest net assets as of June 2025: Rp2.77 Billion IDR
Based on the latest financial reports, Pabrik Kertas Tjiwi Kimia Tbk (TKIM) has net assets worth Rp2.77 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp3.95 Billion) and total liabilities (Rp1.18 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 | Rp2.77 Billion |
| % of Total Assets | 70.13% |
| Annual Growth Rate | 6.84% |
| 5-Year Change | 77.11% |
| 10-Year Change | 180.17% |
| Growth Volatility | 12.06 |
Pabrik Kertas Tjiwi Kimia Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Pabrik Kertas Tjiwi Kimia 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 Pabrik Kertas Tjiwi Kimia Tbk (2000–2024)
The table below shows the annual net assets of Pabrik Kertas Tjiwi Kimia Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.68 Billion | +12.29% |
| 2023-12-31 | Rp2.39 Billion | +7.52% |
| 2022-12-31 | Rp2.22 Billion | +26.35% |
| 2021-12-31 | Rp1.76 Billion | +16.10% |
| 2020-12-31 | Rp1.51 Billion | +9.18% |
| 2019-12-31 | Rp1.39 Billion | +12.16% |
| 2018-12-31 | Rp1.24 Billion | +23.92% |
| 2017-12-31 | Rp996.74 Million | +6.37% |
| 2016-12-31 | Rp937.08 Million | -1.99% |
| 2015-12-31 | Rp956.12 Million | +2.66% |
| 2014-12-31 | Rp931.31 Million | +16.67% |
| 2013-12-31 | Rp798.26 Million | +3.10% |
| 2012-12-31 | Rp774.29 Million | +4.33% |
| 2011-12-31 | Rp742.13 Million | +9.88% |
| 2010-12-31 | Rp675.38 Million | +3.94% |
| 2009-12-31 | Rp649.79 Million | +4.75% |
| 2008-12-31 | Rp620.34 Million | +9.09% |
| 2007-12-31 | Rp568.65 Million | +1.80% |
| 2006-12-31 | Rp558.60 Million | -10.18% |
| 2005-12-31 | Rp621.91 Million | +2.98% |
| 2004-12-31 | Rp603.88 Million | +44.19% |
| 2003-12-31 | Rp418.81 Million | -6.74% |
| 2002-12-31 | Rp449.08 Million | -9.55% |
| 2001-12-31 | Rp496.52 Million | -9.26% |
| 2000-12-31 | Rp547.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pabrik Kertas Tjiwi Kimia 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 191893000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.92 Billion | 71.63% |
| Common Stock | Rp684.81 Million | 25.56% |
| Other Components | Rp75.05 Million | 2.80% |
| Total Equity | Rp2.68 Billion | 100.00% |
Pabrik Kertas Tjiwi Kimia Tbk Competitors by Market Cap
The table below lists competitors of Pabrik Kertas Tjiwi Kimia Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WELL Health Technologies Corp
TO:WELL
|
$584.47 Million |
|
Xian Xice Testing Technology Co. Ltd. A
SHE:301306
|
$584.61 Million |
|
Montage Gold Corp
OTCQX:MAUTF
|
$585.06 Million |
|
Zhejiang Fulai New Material Co.Ltd.
SHG:605488
|
$585.13 Million |
|
SkiStar AB (publ)
ST:SKIS-B
|
$584.23 Million |
|
Flowco Holdings Inc.
NYSE:FLOC
|
$584.22 Million |
|
Gladstone Commercial Corporation
NASDAQ:GOOD
|
$584.20 Million |
|
Beijing Thunisoft Co Ltd
SHE:300271
|
$584.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pabrik Kertas Tjiwi Kimia Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,385,568,000 to 2,678,790,000, a change of 293,222,000 (12.3%).
- Net income of 297,136,000 contributed positively to equity growth.
- Dividend payments of 4,803,000 reduced retained earnings.
- Other comprehensive income increased equity by 6,139,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp297.14 Million | +11.09% |
| Dividends Paid | Rp4.80 Million | -0.18% |
| Other Comprehensive Income | Rp6.14 Million | +0.23% |
| Other Changes | Rp-5.25 Million | -0.2% |
| Total Change | Rp- | 12.29% |
Book Value vs Market Value Analysis
This analysis compares Pabrik Kertas Tjiwi Kimia 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: 10139.98x
- 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 decreased from 23458.19x to 10139.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Rp0.37 | Rp8725.00 | x |
| 2010-12-31 | Rp0.39 | Rp8725.00 | x |
| 2011-12-31 | Rp0.42 | Rp8725.00 | x |
| 2012-12-31 | Rp0.44 | Rp8725.00 | x |
| 2013-12-31 | Rp0.53 | Rp8725.00 | x |
| 2014-12-31 | Rp0.45 | Rp8725.00 | x |
| 2015-12-31 | Rp0.36 | Rp8725.00 | x |
| 2016-12-31 | Rp0.35 | Rp8725.00 | x |
| 2017-12-31 | Rp0.35 | Rp8725.00 | x |
| 2018-12-31 | Rp0.40 | Rp8725.00 | x |
| 2019-12-31 | Rp0.44 | Rp8725.00 | x |
| 2020-12-31 | Rp0.49 | Rp8725.00 | x |
| 2021-12-31 | Rp0.56 | Rp8725.00 | x |
| 2022-12-31 | Rp0.71 | Rp8725.00 | x |
| 2023-12-31 | Rp0.77 | Rp8725.00 | x |
| 2024-12-31 | Rp0.86 | Rp8725.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pabrik Kertas Tjiwi Kimia 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): 11.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.16%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.44x
- Recent ROE (11.09%) is above the historical average (8.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.23% | 3.48% | 0.41x | 5.06x | Rp-11.61 Million |
| 2004 | 30.65% | 20.56% | 0.43x | 3.50x | Rp124.68 Million |
| 2005 | 2.90% | 1.95% | 0.44x | 3.38x | Rp-44.17 Million |
| 2007 | 1.77% | 0.87% | 0.53x | 3.81x | Rp-46.81 Million |
| 2008 | 8.33% | 3.80% | 0.60x | 3.65x | Rp-10.35 Million |
| 2009 | 4.87% | 2.70% | 0.50x | 3.63x | Rp-33.33 Million |
| 2010 | 6.90% | 3.48% | 0.57x | 3.45x | Rp-20.97 Million |
| 2011 | 9.52% | 5.13% | 0.54x | 3.46x | Rp-3.55 Million |
| 2012 | 4.50% | 2.63% | 0.49x | 3.46x | Rp-42.61 Million |
| 2013 | 3.38% | 2.21% | 0.47x | 3.26x | Rp-52.82 Million |
| 2014 | 2.20% | 1.71% | 0.44x | 2.91x | Rp-72.66 Million |
| 2015 | 0.15% | 0.14% | 0.40x | 2.81x | Rp-94.16 Million |
| 2016 | 0.82% | 0.77% | 0.40x | 2.66x | Rp-86.05 Million |
| 2017 | 2.74% | 2.70% | 0.39x | 2.59x | Rp-72.36 Million |
| 2018 | 19.89% | 23.27% | 0.36x | 2.40x | Rp122.19 Million |
| 2019 | 12.02% | 15.90% | 0.34x | 2.21x | Rp27.98 Million |
| 2020 | 9.81% | 17.12% | 0.28x | 2.03x | Rp-2.91 Million |
| 2021 | 14.14% | 24.24% | 0.32x | 1.80x | Rp72.77 Million |
| 2022 | 20.88% | 40.52% | 0.32x | 1.60x | Rp241.48 Million |
| 2023 | 7.21% | 16.02% | 0.30x | 1.51x | Rp-66.54 Million |
| 2024 | 11.09% | 30.16% | 0.26x | 1.44x | Rp29.26 Million |
Industry Comparison
This section compares Pabrik Kertas Tjiwi Kimia Tbk's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $763,758,059,743
- Average return on equity (ROE) among peers: 5.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pabrik Kertas Tjiwi Kimia Tbk (TKIM) | Rp2.77 Billion | 7.23% | 0.43x | $584.28 Million |
| Alkindo Naratama Tbk (ALDO) | $229.42 Billion | 5.74% | 1.17x | $23.12 Million |
| Indah Kiat Pulp & Paper Tbk (INKP) | $2.82 Billion | 7.19% | 1.44x | $1.35 Billion |
| Toba Pulp Lestari Tbk (INRU) | $2.16 Trillion | 2.52% | 2.02x | $3.76 Million |
| Inter-Delta Tbk (INTD) | $47.12 Billion | 3.57% | 0.06x | $1.05 Million |
| Suparma Tbk (SPMA) | $1.38 Trillion | 9.51% | 0.72x | $3.21 Million |