TBS Energi Utama Tbk PT
PT TBS Energi Utama Tbk, through its subsidiaries, invests in the coal mining and trading, palm oil plantation, independent power producer, waste management, renewable energy, and wholesale and retail of vehicles in Indonesia and internationally. It provides consulting management; and hazardous, general, and electronic waste management services, as well as engages in the treatment and disposal of… Read more
TBS Energi Utama Tbk PT (TOBA) - Net Assets
Latest net assets as of September 2025: Rp238.28 Million IDR
Based on the latest financial reports, TBS Energi Utama Tbk PT (TOBA) has net assets worth Rp238.28 Million IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp806.41 Million) and total liabilities (Rp568.14 Million). 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 | Rp238.28 Million |
| % of Total Assets | 29.55% |
| Annual Growth Rate | -32.74% |
| 5-Year Change | 50.1% |
| 10-Year Change | 181.5% |
| Growth Volatility | 36.18 |
TBS Energi Utama Tbk PT - Net Assets Trend (2009–2024)
This chart illustrates how TBS Energi Utama 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 TBS Energi Utama Tbk PT (2009–2024)
The table below shows the annual net assets of TBS Energi Utama Tbk PT from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp436.66 Million | +3.06% |
| 2023-12-31 | Rp423.69 Million | -0.01% |
| 2022-12-31 | Rp423.71 Million | +19.62% |
| 2021-12-31 | Rp354.23 Million | +21.76% |
| 2020-12-31 | Rp290.91 Million | +10.14% |
| 2019-12-31 | Rp264.14 Million | +22.50% |
| 2018-12-31 | Rp215.62 Million | +23.36% |
| 2017-12-31 | Rp174.80 Million | +18.31% |
| 2016-12-31 | Rp147.74 Million | -4.75% |
| 2015-12-31 | Rp155.12 Million | +8.97% |
| 2014-12-31 | Rp142.35 Million | +9.10% |
| 2013-12-31 | Rp130.48 Million | +17.61% |
| 2012-12-31 | Rp110.94 Million | +87.65% |
| 2011-12-31 | Rp59.12 Million | +31.80% |
| 2010-12-31 | Rp44.86 Million | -99.97% |
| 2009-12-31 | Rp167.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TBS Energi Utama 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 3931.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp280.36 Million | 78.46% |
| Common Stock | Rp44.45 Million | 12.44% |
| Other Comprehensive Income | Rp-106.27 Million | -29.74% |
| Other Components | Rp138.81 Million | 38.85% |
| Total Equity | Rp357.35 Million | 100.00% |
TBS Energi Utama Tbk PT Competitors by Market Cap
The table below lists competitors of TBS Energi Utama Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Helius Minerals Limited
V:HHH
|
$77.82 Million |
|
Cystech Electronics Corp
TWO:6651
|
$77.84 Million |
|
Unimot S.A
WAR:UNT
|
$77.89 Million |
|
Decisive Dividend Corporation
PINK:DEDVF
|
$77.91 Million |
|
SAB Biotherapeutics Inc
NASDAQ:SABS
|
$77.80 Million |
|
EREUF
PINK:EREUF
|
$77.74 Million |
|
HI Mobility Berhad
KLSE:5335
|
$77.74 Million |
|
Axactor SE
OL:ACR
|
$77.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TBS Energi Utama Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 327,803,704 to 357,353,398, a change of 29,549,694 (9.0%).
- Net income of 28,470,034 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,511,849.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp28.47 Million | +7.97% |
| Other Comprehensive Income | Rp-1.51 Million | -0.42% |
| Other Changes | Rp2.59 Million | +0.73% |
| Total Change | Rp- | 9.01% |
Book Value vs Market Value Analysis
This analysis compares TBS Energi Utama 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: 13828.15x
- 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 increased from 11.34x to 13828.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | Rp53.35 | Rp605.00 | x |
| 2011-12-31 | Rp61.66 | Rp605.00 | x |
| 2012-12-31 | Rp0.02 | Rp605.00 | x |
| 2013-12-31 | Rp0.01 | Rp605.00 | x |
| 2014-12-31 | Rp0.01 | Rp605.00 | x |
| 2015-12-31 | Rp0.02 | Rp605.00 | x |
| 2016-12-31 | Rp0.01 | Rp605.00 | x |
| 2017-12-31 | Rp0.02 | Rp605.00 | x |
| 2018-12-31 | Rp0.02 | Rp605.00 | x |
| 2019-12-31 | Rp0.03 | Rp605.00 | x |
| 2020-12-31 | Rp0.03 | Rp605.00 | x |
| 2021-12-31 | Rp0.04 | Rp605.00 | x |
| 2022-12-31 | Rp0.04 | Rp605.00 | x |
| 2023-12-31 | Rp0.04 | Rp605.00 | x |
| 2024-12-31 | Rp0.04 | Rp605.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TBS Energi Utama 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): 7.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.39%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.50x
- Recent ROE (7.97%) is below the historical average (23.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 6.40% | 0.31% | 1.92x | 10.69x | Rp-480.71K |
| 2011 | 173.33% | 11.59% | 2.21x | 6.76x | Rp54.39 Million |
| 2012 | 3.74% | 0.81% | 1.52x | 3.06x | Rp-5.36 Million |
| 2013 | 17.77% | 4.40% | 1.35x | 2.99x | Rp8.11 Million |
| 2014 | 16.50% | 3.67% | 1.66x | 2.71x | Rp7.22 Million |
| 2015 | 9.34% | 3.26% | 1.23x | 2.32x | Rp-804.88K |
| 2016 | 2.33% | 1.08% | 0.99x | 2.18x | Rp-9.20 Million |
| 2017 | 14.75% | 6.90% | 0.89x | 2.40x | Rp6.90 Million |
| 2018 | 20.63% | 8.62% | 0.87x | 2.74x | Rp19.47 Million |
| 2019 | 20.84% | 8.32% | 0.83x | 3.02x | Rp22.76 Million |
| 2020 | 15.30% | 10.79% | 0.43x | 3.30x | Rp12.40 Million |
| 2021 | 16.88% | 10.39% | 0.54x | 3.01x | Rp19.59 Million |
| 2022 | 17.11% | 9.09% | 0.71x | 2.66x | Rp24.02 Million |
| 2023 | 2.41% | 1.58% | 0.53x | 2.89x | Rp-24.87 Million |
| 2024 | 7.97% | 6.39% | 0.50x | 2.50x | Rp-7.27 Million |
Industry Comparison
This section compares TBS Energi Utama Tbk PT's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $76,529,607,888
- Average return on equity (ROE) among peers: 5.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TBS Energi Utama Tbk PT (TOBA) | Rp238.28 Million | 6.40% | 2.38x | $77.82 Million |
| Adaro Andalan Indonesia Tbk (AADI) | $4.37 Billion | 26.20% | 0.62x | $1.89 Billion |
| Abm Investama Tbk (ABMM) | $161.75 Million | -23.33% | 4.11x | $48.25 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $4.46 Billion | 20.94% | 0.70x | $1.66 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $14.97 Billion | -10.78% | 0.01x | $2.15 Million |
| Atlas Resources Tbk (ARII) | $56.27 Million | -43.42% | 4.87x | $28.40 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $87.38 Billion | -121.65% | 7.00x | $2.95 Million |
| Baramulti Suksessarana Tbk (BSSR) | $190.38 Million | 16.03% | 0.38x | $59.12 Million |
| Bumi Resources Tbk (BUMI) | $286.35 Million | 130.35% | 11.91x | $1.77 Billion |
| Bayan Resources Tbk (BYAN) | $1.98 Billion | 62.59% | 0.74x | $5.78 Billion |
| Exploitasi Energi Indonesia (CNKO) | $651.45 Billion | 0.23% | 0.16x | $256.50K |