Telkom Indonesia (Persero) Tbk PT (TLKM) - Net Assets

Latest as of September 2025: Rp155.01 Trillion IDR

Based on the latest financial reports, Telkom Indonesia (Persero) Tbk PT (TLKM) has net assets worth Rp155.01 Trillion IDR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp291.90 Trillion) and total liabilities (Rp136.88 Trillion). 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 Rp155.01 Trillion
% of Total Assets 53.11%
Annual Growth Rate 9.34%
5-Year Change 34.83%
10-Year Change 73.92%
Growth Volatility 18.38

Telkom Indonesia (Persero) Tbk PT - Net Assets Trend (1996–2024)

This chart illustrates how Telkom Indonesia (Persero) Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Telkom Indonesia (Persero) Tbk PT (1996–2024)

The table below shows the annual net assets of Telkom Indonesia (Persero) Tbk PT from 1996 to 2024.

Year Net Assets Change
2024-12-31 Rp162.49 Trillion +4.00%
2023-12-31 Rp156.24 Trillion +4.67%
2022-12-31 Rp149.26 Trillion +2.66%
2021-12-31 Rp145.40 Trillion +20.65%
2020-12-31 Rp120.51 Trillion +2.78%
2019-12-31 Rp117.25 Trillion -0.05%
2018-12-31 Rp117.30 Trillion +4.61%
2017-12-31 Rp112.13 Trillion +6.24%
2016-12-31 Rp105.54 Trillion +12.97%
2015-12-31 Rp93.43 Trillion +8.48%
2014-12-31 Rp86.12 Trillion +11.24%
2013-12-31 Rp77.42 Trillion +15.60%
2012-12-31 Rp66.98 Trillion +13.47%
2011-12-31 Rp59.03 Trillion +4.63%
2010-12-31 Rp56.41 Trillion +13.00%
2009-12-31 Rp49.92 Trillion +13.47%
2008-12-31 Rp44.00 Trillion +2.21%
2007-12-31 Rp43.05 Trillion +18.93%
2006-12-31 Rp36.19 Trillion +22.61%
2005-12-31 Rp29.52 Trillion +16.08%
2004-12-31 Rp25.43 Trillion +21.00%
2003-12-31 Rp21.02 Trillion +8.21%
2002-12-31 Rp19.42 Trillion +83.89%
2001-12-31 Rp10.56 Trillion -23.07%
2000-12-31 Rp13.73 Trillion +21.02%
1999-12-31 Rp11.35 Trillion +25.97%
1998-12-31 Rp9.01 Trillion -16.39%
1997-12-31 Rp10.77 Trillion -19.13%
1996-12-31 Rp13.32 Trillion --

Equity Component Analysis

This analysis shows how different components contribute to Telkom Indonesia (Persero) Tbk PT'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 3236.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp118.35 Trillion 83.29%
Common Stock Rp4.95 Trillion 3.49%
Other Comprehensive Income Rp16.48 Trillion 11.60%
Other Components Rp2.31 Trillion 1.63%
Total Equity Rp142.09 Trillion 100.00%

Telkom Indonesia (Persero) Tbk PT Competitors by Market Cap

The table below lists competitors of Telkom Indonesia (Persero) Tbk PT ranked by their market capitalization.

Company Market Cap
OMV Aktiengesellschaft
VI:OMV
 		$18.01 Billion
TELUS
F:BCZ
 		$18.01 Billion
Gold Circuit Electronics Ltd
TW:2368
 		$18.02 Billion
Bank of Hangzhou Co Ltd
SHG:600926
 		$18.02 Billion
MERCK Kommanditgesellschaft auf Aktien
IL:0O14
 		$17.92 Billion
Merck KGaA
XETRA:MRK
 		$17.91 Billion
JD HEALTH INTL LTD
F:8ZN
 		$17.90 Billion
Divi's Laboratories Limited
NSE:DIVISLAB
 		$17.88 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Telkom Indonesia (Persero) Tbk PT's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 135,744,000,000,000 to 142,094,000,000,000, a change of 6,350,000,000,000 (4.7%).
  • Net income of 23,649,000,000,000 contributed positively to equity growth.
  • Dividend payments of 17,683,000,000,000 reduced retained earnings.
  • Share repurchases of 704,000,000,000 reduced equity.
  • New share issuances of 322,000,000,000 increased equity.
  • Other comprehensive income increased equity by 259,000,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp23.65 Trillion +16.64%
Dividends Paid Rp17.68 Trillion -12.44%
Share Repurchases Rp704.00 Billion -0.5%
Share Issuances Rp322.00 Billion +0.23%
Other Comprehensive Income Rp259.00 Billion +0.18%
Other Changes Rp507.00 Billion +0.36%
Total Change Rp- 4.68%

Book Value vs Market Value Analysis

This analysis compares Telkom Indonesia (Persero) Tbk PT'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: 2.16x
  • 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 21.75x to 2.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 Rp142.56 Rp3100.00 x
1997-12-31 Rp115.19 Rp3100.00 x
1998-12-31 Rp98.21 Rp3100.00 x
1999-12-31 Rp119.47 Rp3100.00 x
2000-12-31 Rp135.84 Rp3100.00 x
2001-12-31 Rp92.56 Rp3100.00 x
2002-12-31 Rp158.51 Rp3100.00 x
2003-12-31 Rp171.74 Rp3100.00 x
2004-12-31 Rp202.35 Rp3100.00 x
2005-12-31 Rp230.23 Rp3100.00 x
2006-12-31 Rp278.05 Rp3100.00 x
2007-12-31 Rp337.90 Rp3100.00 x
2008-12-31 Rp346.35 Rp3100.00 x
2009-12-31 Rp396.45 Rp3100.00 x
2010-12-31 Rp451.65 Rp3100.00 x
2011-12-31 Rp466.63 Rp3100.00 x
2012-12-31 Rp536.82 Rp3100.00 x
2013-12-31 Rp628.30 Rp3100.00 x
2014-12-31 Rp694.06 Rp3100.00 x
2015-12-31 Rp765.32 Rp3100.00 x
2016-12-31 Rp855.49 Rp3100.00 x
2017-12-31 Rp935.91 Rp3100.00 x
2018-12-31 Rp998.46 Rp3100.00 x
2019-12-31 Rp1005.04 Rp3100.00 x
2020-12-31 Rp1033.43 Rp3100.00 x
2021-12-31 Rp1227.98 Rp3100.00 x
2022-12-31 Rp1304.82 Rp3100.00 x
2023-12-31 Rp1370.29 Rp3100.00 x
2024-12-31 Rp1434.39 Rp3100.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Telkom Indonesia (Persero) Tbk PT 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): 16.64%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.77%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 2.11x
  • Recent ROE (16.64%) is below the historical average (26.50%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 16.95% 29.62% 0.29x 2.01x Rp926.28 Billion
1997 11.95% 19.50% 0.30x 2.07x Rp210.48 Billion
1998 11.12% 17.70% 0.28x 2.27x Rp100.86 Billion
1999 17.77% 27.89% 0.30x 2.15x Rp879.49 Billion
2000 18.54% 27.08% 0.32x 2.11x Rp1.17 Trillion
2001 45.59% 26.34% 0.50x 3.48x Rp3.32 Trillion
2002 52.49% 39.00% 0.51x 2.66x Rp6.78 Trillion
2003 35.15% 22.44% 0.54x 2.90x Rp4.35 Trillion
2004 30.26% 18.06% 0.60x 2.78x Rp4.14 Trillion
2005 34.32% 19.12% 0.67x 2.67x Rp5.65 Trillion
2006 39.21% 21.46% 0.68x 2.68x Rp8.18 Trillion
2007 38.10% 21.63% 0.72x 2.43x Rp9.48 Trillion
2008 30.95% 17.50% 0.67x 2.66x Rp7.19 Trillion
2009 29.06% 16.78% 0.69x 2.50x Rp7.43 Trillion
2010 25.97% 16.81% 0.69x 2.25x Rp7.10 Trillion
2011 23.73% 15.09% 0.70x 2.25x Rp6.28 Trillion
2012 35.63% 23.80% 0.69x 2.16x Rp13.21 Trillion
2013 23.46% 17.12% 0.65x 2.11x Rp8.15 Trillion
2014 21.59% 16.32% 0.64x 2.08x Rp7.86 Trillion
2015 20.61% 15.12% 0.62x 2.21x Rp7.98 Trillion
2016 22.93% 16.64% 0.65x 2.13x Rp10.91 Trillion
2017 23.89% 17.27% 0.65x 2.14x Rp12.87 Trillion
2018 18.23% 13.79% 0.63x 2.08x Rp8.14 Trillion
2019 27.71% 20.35% 0.61x 2.22x Rp17.64 Trillion
2020 29.20% 21.91% 0.55x 2.40x Rp19.65 Trillion
2021 27.91% 23.71% 0.52x 2.28x Rp21.78 Trillion
2022 21.41% 18.79% 0.54x 2.13x Rp14.75 Trillion
2023 17.99% 16.37% 0.52x 2.11x Rp10.85 Trillion
2024 16.64% 15.77% 0.50x 2.11x Rp9.44 Trillion

Industry Comparison

This section compares Telkom Indonesia (Persero) Tbk PT's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $2,789,324,955,783
  • Average return on equity (ROE) among peers: 7.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Telkom Indonesia (Persero) Tbk PT (TLKM) Rp155.01 Trillion 16.95% 0.88x $17.99 Billion
Bali Towerindo Sentra Tbk (BALI) $368.37 Billion 24.18% 1.20x $307.79 Million
Centratama Telekomunikasi Ind (CENT) $64.68 Billion 6.32% 0.14x $197.34 Million
Pelita Teknologi Global (CHIP) $6.50 Billion 77.84% 4.39x $50.30 Million
Remala Abadi Tbk. (DATA) $65.29 Billion 39.75% 0.48x $14.06
Indoritel Makmur Internasional (DNET) $11.86 Billion 0.66% 0.76x $7.83 Billion
XL Axiata Tbk PT (EXCL) $25.77 Trillion 4.30% 2.39x $3.29 Billion
Smartfren Telecom Tbk (FREN) $792.53 Billion -91.40% 5.00x $1.36 Million
Gihon Telekomunikasi Indonesia Tbk PT (GHON) $719.02 Billion 12.50% 0.42x $58.01 Million
Inti Bangun Sejahtera Tbk (IBST) $25.57 Billion 0.00% 9.06x $611.49 Million
PT Sinergi Inti Andalan Prima Tbk (INET) $65.20 Billion 2.11% 0.12x $446.80 Million

About Telkom Indonesia (Persero) Tbk PT

JK:TLKM Indonesia Telecom Services
Market Cap
$17.99 Billion
Rp307.09 Trillion IDR
Market Cap Rank
#1267 Global
#8 in Indonesia
Share Price
Rp3100.00
Change (1 day)
-0.64%
52-Week Range
Rp2550.00 - Rp3940.00
All Time High
Rp4295.70
Categories
Companies in Indonesia Telecom Services
About

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through Mobile, Consumer, Enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, mobile broadband, and value added services. The Consumer segment provid… Read more