PT Topindo Solusi Komunika Tbk
PT Topindo Solusi Komunika Tbk engages in the sale of digital products in Indonesia. It operates in two segments, Digital Product and Fast Moving Consumer Products. The company offers digital products, such as credit top-ups, data packages, PLN tokens, payment point online bank, and e-money. It also provides Topindoku Gaming, which offers game vouchers; Topindoku Grosir that provides kitchen equi… Read more
PT Topindo Solusi Komunika Tbk (TOSK) - Net Assets
Latest net assets as of September 2025: Rp160.72 Billion IDR
Based on the latest financial reports, PT Topindo Solusi Komunika Tbk (TOSK) has net assets worth Rp160.72 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp212.51 Billion) and total liabilities (Rp51.79 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 | Rp160.72 Billion |
| % of Total Assets | 75.63% |
| Annual Growth Rate | 159.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 521.22 |
PT Topindo Solusi Komunika Tbk - Net Assets Trend (2020–2024)
This chart illustrates how PT Topindo Solusi Komunika 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 Topindo Solusi Komunika Tbk (2020–2024)
The table below shows the annual net assets of PT Topindo Solusi Komunika Tbk from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp153.37 Billion | +269.49% |
| 2023-12-31 | Rp41.51 Billion | +716.54% |
| 2022-12-31 | Rp5.08 Billion | +1305.93% |
| 2021-12-31 | Rp361.57 Million | -89.39% |
| 2020-12-31 | Rp3.41 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Topindo Solusi Komunika 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 311.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp13.00 Billion | 8.48% |
| Common Stock | Rp43.75 Billion | 28.53% |
| Other Comprehensive Income | Rp314.91 Million | 0.21% |
| Other Components | Rp96.30 Billion | 62.79% |
| Total Equity | Rp153.37 Billion | 100.00% |
PT Topindo Solusi Komunika Tbk Competitors by Market Cap
The table below lists competitors of PT Topindo Solusi Komunika Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
K&K Superstore Southern Public Company Limited
BK:KK
|
$3.86 Million |
|
CytoMed Therapeutics Limited Ordinary Shares
NASDAQ:GDTC
|
$3.86 Million |
|
Charwood Energy SA
PA:ALCWE
|
$3.87 Million |
|
Cerebra Integrated Technologies Limited
NSE:CEREBRAINT
|
$3.87 Million |
|
Yorkton Equity Group Inc
V:YEG
|
$3.86 Million |
|
MSB Global Group Berhad
KLSE:0350
|
$3.86 Million |
|
Lionheart Holdings Warrant
NASDAQ:CUBWW
|
$3.86 Million |
|
Baselode Energy Corp
OTCQB:BSENF
|
$3.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Topindo Solusi Komunika Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,507,950,165 to 153,366,938,925, a change of 111,858,988,760 (269.5%).
- Net income of 6,726,367,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 134,306,539.
- Other factors increased equity by 104,998,315,221.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp6.73 Billion | +4.39% |
| Other Comprehensive Income | Rp134.31 Million | +0.09% |
| Other Changes | Rp105.00 Billion | +68.46% |
| Total Change | Rp- | 269.49% |
Book Value vs Market Value Analysis
This analysis compares PT Topindo Solusi Komunika 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: 1.71x
- 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 7.04x to 1.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Rp8.52 | Rp60.00 | x |
| 2021-12-31 | Rp0.90 | Rp60.00 | x |
| 2022-12-31 | Rp12.82 | Rp60.00 | x |
| 2023-12-31 | Rp41.62 | Rp60.00 | x |
| 2024-12-31 | Rp35.05 | Rp60.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Topindo Solusi Komunika 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): 4.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.30%
- • Asset Turnover: 10.57x
- • Equity Multiplier: 1.41x
- Recent ROE (4.39%) is below the historical average (763.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 64.17% | 0.15% | 45.01x | 9.37x | Rp1.85 Billion |
| 2021 | 3648.30% | 0.52% | 78.52x | 88.79x | Rp13.15 Billion |
| 2022 | 89.77% | 0.19% | 55.26x | 8.43x | Rp4.09 Billion |
| 2023 | 13.07% | 0.23% | 25.36x | 2.24x | Rp1.28 Billion |
| 2024 | 4.39% | 0.30% | 10.57x | 1.41x | Rp-8.61 Billion |
Industry Comparison
This section compares PT Topindo Solusi Komunika Tbk's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $500,008,542,350
- Average return on equity (ROE) among peers: 1.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Topindo Solusi Komunika Tbk (TOSK) | Rp160.72 Billion | 64.17% | 0.32x | $3.86 Million |
| Nusantara Voucher Distribution Tbk PT (DIVA) | $2.15 Trillion | 0.39% | 0.09x | $5.68 Million |
| PT Aviana Sinar Abadi Tbk (IRSX) | $163.95 Billion | -1.42% | 0.02x | $51.23 Million |
| Kioson Komersial Indonesia Tbk PT (KIOS) | $83.02 Billion | 3.51% | 2.01x | $3.61 Million |
| Global Sukses Solusi Tbk PT (RUNS) | $74.67 Billion | 3.94% | 0.17x | $1.32 Million |
| Trimegah Karya Pratama Tbk PT (UVCR) | $28.73 Billion | 1.01% | 0.37x | $6.38 Million |