PT Temas Tbk
PT Temas Tbk. provides sea transportation services in Indonesia. The company operates in two segments, Shipping and Stevedoring. It offers shipping management and stevedoring services; and domestic and international transportation activities in transporting passengers, cargoes, and animals by vessels. The company also acts as an agent in the shipping business; and engages in the purchase and sale… Read more
PT Temas Tbk (TMAS) - Net Assets
Latest net assets as of September 2025: Rp3.02 Trillion IDR
Based on the latest financial reports, PT Temas Tbk (TMAS) has net assets worth Rp3.02 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 (Rp5.16 Trillion) and total liabilities (Rp2.14 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 | Rp3.02 Trillion |
| % of Total Assets | 58.54% |
| Annual Growth Rate | 14.11% |
| 5-Year Change | 136.14% |
| 10-Year Change | 251.01% |
| Growth Volatility | 24.94 |
PT Temas Tbk - Net Assets Trend (2003–2024)
This chart illustrates how PT Temas 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 PT Temas Tbk (2003–2024)
The table below shows the annual net assets of PT Temas Tbk from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.86 Trillion | +10.71% |
| 2023-12-31 | Rp2.58 Trillion | +16.06% |
| 2022-12-31 | Rp2.23 Trillion | +44.32% |
| 2021-12-31 | Rp1.54 Trillion | +27.34% |
| 2020-12-31 | Rp1.21 Trillion | +2.35% |
| 2019-12-31 | Rp1.18 Trillion | +10.64% |
| 2018-12-31 | Rp1.07 Trillion | +4.54% |
| 2017-12-31 | Rp1.02 Trillion | +2.84% |
| 2016-12-31 | Rp994.68 Billion | +22.10% |
| 2015-12-31 | Rp814.67 Billion | +53.16% |
| 2014-12-31 | Rp531.89 Billion | +58.18% |
| 2013-12-31 | Rp336.25 Billion | -3.63% |
| 2012-12-31 | Rp348.90 Billion | +43.51% |
| 2011-12-31 | Rp243.13 Billion | +10.84% |
| 2010-12-31 | Rp219.34 Billion | -33.33% |
| 2009-12-31 | Rp329.00 Billion | -33.48% |
| 2008-12-31 | Rp494.55 Billion | +42.54% |
| 2007-12-31 | Rp346.95 Billion | +8.50% |
| 2006-12-31 | Rp319.76 Billion | -4.06% |
| 2005-12-31 | Rp333.31 Billion | +49.50% |
| 2004-12-31 | Rp222.95 Billion | +24.76% |
| 2003-12-31 | Rp178.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Temas 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 5389.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.53 Trillion | 92.33% |
| Common Stock | Rp142.63 Billion | 5.20% |
| Other Comprehensive Income | Rp-43.18 Billion | -1.57% |
| Other Components | Rp110.94 Billion | 4.04% |
| Total Equity | Rp2.74 Trillion | 100.00% |
PT Temas Tbk Competitors by Market Cap
The table below lists competitors of PT Temas Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paninvest Tbk
JK:PNIN
|
$63.64 Million |
|
CareRx Corporation
PINK:CHHHF
|
$63.66 Million |
|
SESHAASAI TECHNOLOGIES L
NSE:STYL
|
$63.67 Million |
|
Kumpulan Perangsang Selangor
KLSE:5843
|
$63.68 Million |
|
Adi Sarana Armada Tbk
JK:ASSA
|
$63.59 Million |
|
GOLFZON NEWDIN HOLDINGS Co. Ltd
KQ:121440
|
$63.59 Million |
|
Scully Royalty Ltd
NYSE:SRL
|
$63.58 Million |
|
STALPRODUKT ZY 2
F:0WB
|
$63.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Temas Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,510,928,000,000 to 2,743,130,000,000, a change of 232,202,000,000 (9.2%).
- Net income of 673,363,000,000 contributed positively to equity growth.
- Dividend payments of 454,951,000,000 reduced retained earnings.
- Share repurchases of 49,005,000,000 reduced equity.
- New share issuances of 49,005,000,000 increased equity.
- Other comprehensive income increased equity by 13,790,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp673.36 Billion | +24.55% |
| Dividends Paid | Rp454.95 Billion | -16.59% |
| Share Repurchases | Rp49.01 Billion | -1.79% |
| Share Issuances | Rp49.01 Billion | +1.79% |
| Other Comprehensive Income | Rp13.79 Billion | +0.5% |
| Total Change | Rp- | 9.25% |
Book Value vs Market Value Analysis
This analysis compares PT Temas 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: 2.53x
- 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 20.07x to 2.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp6.08 | Rp122.00 | x |
| 2008-12-31 | Rp8.67 | Rp122.00 | x |
| 2009-12-31 | Rp5.77 | Rp122.00 | x |
| 2010-12-31 | Rp3.84 | Rp122.00 | x |
| 2011-12-31 | Rp4.26 | Rp122.00 | x |
| 2012-12-31 | Rp6.11 | Rp122.00 | x |
| 2013-12-31 | Rp5.88 | Rp122.00 | x |
| 2014-12-31 | Rp9.30 | Rp122.00 | x |
| 2015-12-31 | Rp14.26 | Rp122.00 | x |
| 2016-12-31 | Rp17.41 | Rp122.00 | x |
| 2017-12-31 | Rp17.91 | Rp122.00 | x |
| 2018-12-31 | Rp18.72 | Rp122.00 | x |
| 2019-12-31 | Rp20.47 | Rp122.00 | x |
| 2020-12-31 | Rp21.15 | Rp122.00 | x |
| 2021-12-31 | Rp26.92 | Rp122.00 | x |
| 2022-12-31 | Rp38.27 | Rp122.00 | x |
| 2023-12-31 | Rp44.20 | Rp122.00 | x |
| 2024-12-31 | Rp48.24 | Rp122.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Temas 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): 24.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.50%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.61x
- Recent ROE (24.55%) is above the historical average (16.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 18.46% | 18.38% | 0.65x | 1.55x | Rp15.11 Billion |
| 2004 | 24.22% | 14.76% | 0.88x | 1.87x | Rp31.67 Billion |
| 2005 | 37.96% | 20.21% | 0.93x | 2.01x | Rp93.15 Billion |
| 2006 | 7.96% | 3.36% | 0.92x | 2.59x | Rp-6.53 Billion |
| 2007 | 8.10% | 3.36% | 0.84x | 2.87x | Rp-6.60 Billion |
| 2008 | 31.39% | 13.25% | 0.91x | 2.61x | Rp105.75 Billion |
| 2009 | -54.41% | -18.11% | 0.61x | 4.89x | Rp-211.84 Billion |
| 2010 | -52.20% | -11.83% | 0.75x | 5.87x | Rp-136.39 Billion |
| 2011 | 10.94% | 2.78% | 0.96x | 4.11x | Rp2.29 Billion |
| 2012 | 34.35% | 11.02% | 0.71x | 4.40x | Rp84.86 Billion |
| 2013 | 21.00% | 5.09% | 0.83x | 4.98x | Rp36.89 Billion |
| 2014 | 38.20% | 12.01% | 1.04x | 3.07x | Rp149.63 Billion |
| 2015 | 38.96% | 19.55% | 0.91x | 2.19x | Rp235.62 Billion |
| 2016 | 23.29% | 13.84% | 0.66x | 2.54x | Rp131.97 Billion |
| 2017 | 5.19% | 2.65% | 0.69x | 2.86x | Rp-49.14 Billion |
| 2018 | 3.23% | 1.49% | 0.82x | 2.66x | Rp-72.32 Billion |
| 2019 | 7.96% | 3.70% | 0.77x | 2.80x | Rp-23.81 Billion |
| 2020 | 5.20% | 2.35% | 0.70x | 3.18x | Rp-57.86 Billion |
| 2021 | 45.30% | 20.64% | 0.83x | 2.64x | Rp542.13 Billion |
| 2022 | 62.51% | 27.98% | 1.11x | 2.02x | Rp1.15 Trillion |
| 2023 | 31.17% | 18.18% | 1.06x | 1.62x | Rp531.52 Billion |
| 2024 | 24.55% | 15.50% | 0.99x | 1.61x | Rp399.05 Billion |
Industry Comparison
This section compares PT Temas Tbk's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $303,238,403,323
- Average return on equity (ROE) among peers: 20.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Temas Tbk (TMAS) | Rp3.02 Trillion | 18.46% | 0.71x | $63.64 Million |
| PT Ancara Logistics Indonesia (ALII) | $196.24 Billion | 96.37% | 5.20x | $150.19 Million |
| Pelayaran Nasional Bina Buana Raya (BBRM) | $56.71 Million | 12.36% | 1.47x | $5.32 Million |
| Batulicin Nusantara Maritim Tbk PT (BESS) | $61.00 Billion | 38.10% | 2.15x | $42.15 Million |
| Berlian Laju Tanker Tbk PT (BLTA) | $533.72 Million | 26.42% | 3.24x | $47.22 Million |
| Bintang Samudera Mandiri Lines Tbk PT (BSML) | $108.60 Billion | 14.75% | 1.49x | $6.83 Million |
| Buana Listya Tama Tbk PT (BULL) | $1.04 Trillion | 0.00% | 0.57x | $8.08 Million |
| Capitol Nusantara Indonesia (CANI) | $-238.38 Billion | 0.00% | 0.00x | $1.34 Million |
| PT Cakra Buana Resources Energ (CBRE) | $-947.22 Million | 0.00% | 0.00x | $47.72 Million |
| PT Pelayaran Nasional Ekalya P (ELPI) | $1.87 Trillion | 8.34% | 0.26x | $98.43 Million |
| GTS Internasional Tbk PT (GTSI) | $56.96 Million | 4.67% | 1.17x | $31.86 Million |