Pabrik Kertas Tjiwi Kimia Tbk (TKIM) - Net Assets
Based on the latest financial reports, Pabrik Kertas Tjiwi Kimia Tbk (TKIM) has net assets worth Rp3.03 Billion IDR (≈ $177.65K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp4.02 Billion ≈ $235.57K USD) and total liabilities (Rp988.48 Million ≈ $57.92K 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 how strategically is Pabrik Kertas Tjiwi Kimia Tbk's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp3.03 Billion |
| % of Total Assets | 75.41% |
| Annual Growth Rate | 6.97% |
| 5-Year Change | 68.08% |
| 10-Year Change | 214.96% |
| Growth Volatility | 11.83 |
Pabrik Kertas Tjiwi Kimia Tbk - Net Assets Trend (2000–2025)
This chart illustrates how Pabrik Kertas Tjiwi Kimia Tbk's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Pabrik Kertas Tjiwi Kimia Tbk market cap and net worth.
Annual Net Assets for Pabrik Kertas Tjiwi Kimia Tbk (2000–2025)
The table below shows the annual net assets of Pabrik Kertas Tjiwi Kimia Tbk from 2000 to 2025. Also explore how fast is Pabrik Kertas Tjiwi Kimia Tbk growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp2.95 Billion ≈ $172.94K |
+10.18% |
| 2024-12-31 | Rp2.68 Billion ≈ $156.97K |
+12.29% |
| 2023-12-31 | Rp2.39 Billion ≈ $139.78K |
+7.52% |
| 2022-12-31 | Rp2.22 Billion ≈ $130.00K |
+26.35% |
| 2021-12-31 | Rp1.76 Billion ≈ $102.89K |
+16.10% |
| 2020-12-31 | Rp1.51 Billion ≈ $88.63K |
+9.18% |
| 2019-12-31 | Rp1.39 Billion ≈ $81.17K |
+12.16% |
| 2018-12-31 | Rp1.24 Billion ≈ $72.38K |
+23.92% |
| 2017-12-31 | Rp996.74 Million ≈ $58.41K |
+6.37% |
| 2016-12-31 | Rp937.08 Million ≈ $54.91K |
-1.99% |
| 2015-12-31 | Rp956.12 Million ≈ $56.02K |
+2.66% |
| 2014-12-31 | Rp931.31 Million ≈ $54.57K |
+16.67% |
| 2013-12-31 | Rp798.26 Million ≈ $46.78K |
+3.10% |
| 2012-12-31 | Rp774.29 Million ≈ $45.37K |
+4.33% |
| 2011-12-31 | Rp742.13 Million ≈ $43.49K |
+9.88% |
| 2010-12-31 | Rp675.38 Million ≈ $39.57K |
+3.94% |
| 2009-12-31 | Rp649.79 Million ≈ $38.08K |
+4.75% |
| 2008-12-31 | Rp620.34 Million ≈ $36.35K |
+9.09% |
| 2007-12-31 | Rp568.65 Million ≈ $33.32K |
+1.80% |
| 2006-12-31 | Rp558.60 Million ≈ $32.73K |
-10.18% |
| 2005-12-31 | Rp621.91 Million ≈ $36.44K |
+2.98% |
| 2004-12-31 | Rp603.88 Million ≈ $35.39K |
+44.19% |
| 2003-12-31 | Rp418.81 Million ≈ $24.54K |
-6.74% |
| 2002-12-31 | Rp449.08 Million ≈ $26.31K |
-9.55% |
| 2001-12-31 | Rp496.52 Million ≈ $29.09K |
-9.26% |
| 2000-12-31 | Rp547.20 Million ≈ $32.06K |
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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 217904797900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.18 Billion | 73.83% |
| Common Stock | Rp685.15 Million | 23.21% |
| Other Comprehensive Income | Rp58.03 Million | 1.97% |
| Other Components | Rp29.23 Million | 0.99% |
| Total Equity | Rp2.95 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 |
|---|---|
|
Lotte Energy Materials Corporation
KO:020150
|
$1.42 Billion |
|
Alrov Properties & Lodgings Ltd
TA:ALRPR
|
$1.42 Billion |
|
Lingyun Ind
SHG:600480
|
$1.42 Billion |
|
Sunonwealth Electric Machine Industry Co Ltd
TW:2421
|
$1.42 Billion |
|
Insperity Inc
NYSE:NSP
|
$1.42 Billion |
|
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
|
$1.42 Billion |
|
Laobaixing Pharmacy
SHG:603883
|
$1.42 Billion |
|
Hillman Solutions Corp
NASDAQ:HLMN
|
$1.42 Billion |
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 2024 to 2025, total equity changed from 2,678,790,000 to 2,951,461,993, a change of 272,671,993 (10.2%).
- Net income of 272,418,351 contributed positively to equity growth.
- Dividend payments of 4,734,180 reduced retained earnings.
- Other comprehensive income increased equity by 58,032,000.
- Other factors decreased equity by 53,044,178.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp272.42 Million | +9.23% |
| Dividends Paid | Rp4.73 Million | -0.16% |
| Other Comprehensive Income | Rp58.03 Million | +1.97% |
| Other Changes | Rp-53.04 Million | -1.8% |
| Total Change | Rp- | 10.18% |
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: 8227.50x
- 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 20971.22x to 8227.50x 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 | Rp7800.00 | x |
| 2010-12-31 | Rp0.39 | Rp7800.00 | x |
| 2011-12-31 | Rp0.42 | Rp7800.00 | x |
| 2012-12-31 | Rp0.44 | Rp7800.00 | x |
| 2013-12-31 | Rp0.53 | Rp7800.00 | x |
| 2014-12-31 | Rp0.45 | Rp7800.00 | x |
| 2015-12-31 | Rp0.36 | Rp7800.00 | x |
| 2016-12-31 | Rp0.35 | Rp7800.00 | x |
| 2017-12-31 | Rp0.35 | Rp7800.00 | x |
| 2018-12-31 | Rp0.40 | Rp7800.00 | x |
| 2019-12-31 | Rp0.44 | Rp7800.00 | x |
| 2020-12-31 | Rp0.49 | Rp7800.00 | x |
| 2021-12-31 | Rp0.56 | Rp7800.00 | x |
| 2022-12-31 | Rp0.71 | Rp7800.00 | x |
| 2023-12-31 | Rp0.77 | Rp7800.00 | x |
| 2024-12-31 | Rp0.86 | Rp7800.00 | x |
| 2025-12-31 | Rp0.95 | Rp7800.00 | 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): 9.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.01%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.33x
- Recent ROE (9.23%) is above the historical average (8.65%), 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 |
| 2025 | 9.23% | 28.01% | 0.25x | 1.33x | Rp-22.73 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: $626,821,925,211
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pabrik Kertas Tjiwi Kimia Tbk (TKIM) | Rp3.03 Billion | 7.23% | 0.33x | $1.42 Billion |
| Alkindo Naratama Tbk (ALDO) | $200.89 Billion | 7.10% | 1.04x | $149.38 Million |
| Indah Kiat Pulp & Paper Tbk (INKP) | $2.03 Billion | 19.30% | 1.64x | $2.78 Billion |
| Toba Pulp Lestari Tbk (INRU) | $2.11 Trillion | -14.41% | 2.45x | $48.02 Million |
| Inter-Delta Tbk (INTD) | $40.26 Billion | 2.49% | 0.10x | $11.10 Million |
| Suparma Tbk (SPMA) | $779.49 Billion | 5.12% | 1.14x | $40.60 Million |
About 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. The company operates in two segments, Cultural Paper Products, and Industrial Paper Products and Other. It offers white grade paper products, including uncoated woodfree, uncoated photocopy, coated carbonless, specialty greas… Read more