Trans Power Marine Tbk (TPMA) - Net Assets
Based on the latest financial reports, Trans Power Marine Tbk (TPMA) has net assets worth Rp142.09 Million IDR (≈ $8.33K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp274.87 Million ≈ $16.11K USD) and total liabilities (Rp132.77 Million ≈ $7.78K 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 TPMA capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp142.09 Million |
| % of Total Assets | 51.7% |
| Annual Growth Rate | 18.43% |
| 5-Year Change | 94.68% |
| 10-Year Change | 126.5% |
| Growth Volatility | 24.13 |
Trans Power Marine Tbk - Net Assets Trend (2009–2025)
This chart illustrates how Trans Power Marine Tbk's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Trans Power Marine Tbk worth.
Annual Net Assets for Trans Power Marine Tbk (2009–2025)
The table below shows the annual net assets of Trans Power Marine Tbk from 2009 to 2025. Also explore TPMA net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp150.03 Million ≈ $8.79K |
+0.69% |
| 2024-12-31 | Rp149.00 Million ≈ $8.73K |
+61.03% |
| 2023-12-31 | Rp92.52 Million ≈ $5.42K |
+4.16% |
| 2022-12-31 | Rp88.83 Million ≈ $5.21K |
+15.27% |
| 2021-12-31 | Rp77.07 Million ≈ $4.52K |
+0.08% |
| 2020-12-31 | Rp77.00 Million ≈ $4.51K |
-2.60% |
| 2019-12-31 | Rp79.06 Million ≈ $4.63K |
+4.53% |
| 2018-12-31 | Rp75.63 Million ≈ $4.43K |
+7.74% |
| 2017-12-31 | Rp70.20 Million ≈ $4.11K |
+5.98% |
| 2016-12-31 | Rp66.24 Million ≈ $3.88K |
+2.33% |
| 2015-12-31 | Rp64.73 Million ≈ $3.79K |
+3.24% |
| 2014-12-31 | Rp62.70 Million ≈ $3.67K |
+18.32% |
| 2013-12-31 | Rp52.99 Million ≈ $3.10K |
+47.27% |
| 2012-12-31 | Rp35.98 Million ≈ $2.11K |
+60.14% |
| 2011-12-31 | Rp22.47 Million ≈ $1.32K |
+68.79% |
| 2010-12-31 | Rp13.31 Million ≈ $779.97 |
+32.84% |
| 2009-12-31 | Rp10.02 Million ≈ $587.13 |
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Equity Component Analysis
This analysis shows how different components contribute to Trans Power Marine 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 7802578100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp78.03 Million | 59.39% |
| Common Stock | Rp33.70 Million | 25.65% |
| Other Comprehensive Income | Rp-877.95K | -0.67% |
| Other Components | Rp20.52 Million | 15.62% |
| Total Equity | Rp131.37 Million | 100.00% |
Trans Power Marine Tbk Competitors by Market Cap
The table below lists competitors of Trans Power Marine Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TDM Berhad
KLSE:2054
|
$95.16 Million |
|
Buriram Sugar Public Company Limited
BK:BRR
|
$95.17 Million |
|
Welspun Investments and Commercials Limited
NSE:WELINV
|
$95.20 Million |
|
Economic Investment Trust Ltd
TO:EVT
|
$95.22 Million |
|
WRKR Ltd
AU:WRK
|
$95.05 Million |
|
Alcidion Group Ltd
AU:ALC
|
$95.02 Million |
|
Lotte Himart
KO:071840
|
$95.01 Million |
|
Nasmedia Co. Ltd
KQ:089600
|
$95.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trans Power Marine Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 130,903,720 to 131,371,427, a change of 467,707 (0.4%).
- Net income of 17,642,897 contributed positively to equity growth.
- Dividend payments of 16,655,758 reduced retained earnings.
- Other comprehensive income decreased equity by 137,457.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp17.64 Million | +13.43% |
| Dividends Paid | Rp16.66 Million | -12.68% |
| Other Comprehensive Income | Rp-137.46K | -0.1% |
| Other Changes | Rp-381.98K | -0.29% |
| Total Change | Rp- | 0.36% |
Book Value vs Market Value Analysis
This analysis compares Trans Power Marine 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: 12349.46x
- 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 25192.45x to 12349.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp0.02 | Rp464.00 | x |
| 2013-12-31 | Rp0.02 | Rp464.00 | x |
| 2014-12-31 | Rp0.02 | Rp464.00 | x |
| 2015-12-31 | Rp0.02 | Rp464.00 | x |
| 2016-12-31 | Rp0.03 | Rp464.00 | x |
| 2017-12-31 | Rp0.03 | Rp464.00 | x |
| 2018-12-31 | Rp0.03 | Rp464.00 | x |
| 2019-12-31 | Rp0.03 | Rp464.00 | x |
| 2020-12-31 | Rp0.03 | Rp464.00 | x |
| 2021-12-31 | Rp0.03 | Rp464.00 | x |
| 2022-12-31 | Rp0.03 | Rp464.00 | x |
| 2023-12-31 | Rp0.04 | Rp464.00 | x |
| 2024-12-31 | Rp0.04 | Rp464.00 | x |
| 2025-12-31 | Rp0.04 | Rp464.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trans Power Marine 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): 13.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.75%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.18x
- Recent ROE (13.43%) is above the historical average (12.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 23.23% | 16.81% | 0.63x | 2.19x | Rp4.76 Million |
| 2013 | 15.13% | 13.62% | 0.45x | 2.44x | Rp2.72 Million |
| 2014 | 19.15% | 16.54% | 0.53x | 2.17x | Rp5.73 Million |
| 2015 | 3.02% | 3.88% | 0.38x | 2.03x | Rp-4.52 Million |
| 2016 | 2.27% | 4.54% | 0.27x | 1.83x | Rp-5.12 Million |
| 2017 | 6.98% | 13.00% | 0.33x | 1.64x | Rp-2.12 Million |
| 2018 | 10.08% | 17.38% | 0.39x | 1.47x | Rp62.05K |
| 2019 | 10.42% | 17.28% | 0.43x | 1.41x | Rp333.37K |
| 2020 | 2.71% | 5.24% | 0.38x | 1.35x | Rp-5.62 Million |
| 2021 | 5.14% | 9.42% | 0.42x | 1.29x | Rp-3.75 Million |
| 2022 | 16.09% | 22.76% | 0.58x | 1.21x | Rp5.41 Million |
| 2023 | 21.29% | 29.58% | 0.57x | 1.27x | Rp10.44 Million |
| 2024 | 19.26% | 21.17% | 0.48x | 1.89x | Rp12.12 Million |
| 2025 | 13.43% | 15.75% | 0.39x | 2.18x | Rp4.51 Million |
Industry Comparison
This section compares Trans Power Marine Tbk's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $147,729,317,785
- Average return on equity (ROE) among peers: -44.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trans Power Marine Tbk (TPMA) | Rp142.09 Million | 23.23% | 0.93x | $95.06 Million |
| Pelayaran Nasional Bina Buana Raya (BBRM) | $22.66 Million | 11.58% | 3.88x | $23.69 Million |
| Batulicin Nusantara Maritim Tbk PT (BESS) | $492.35 Billion | 11.36% | 0.57x | $176.40 Million |
| Berlian Laju Tanker Tbk PT (BLTA) | $29.56 Million | -29.41% | 1.68x | $43.97 Million |
| Bintang Samudera Mandiri Lines Tbk PT (BSML) | $51.19 Billion | 0.84% | 3.10x | $59.63 Million |
| Buana Listya Tama Tbk PT (BULL) | $119.31 Million | -36.36% | 2.16x | $363.16 Million |
| Capitol Nusantara Indonesia (CANI) | $35.37 Billion | -297.85% | 24.77x | $6.59 Million |
| GTS Internasional Tbk PT (GTSI) | $61.63 Million | 6.47% | 0.75x | $138.11 Million |
| Habco Trans Maritima (HATM) | $869.08 Billion | 22.80% | 0.20x | $274.65 Million |
| Humpuss Intermoda Transportasi (HITS) | $67.43 Million | -107.75% | 1.86x | $48.27 Million |
| Tanah Laut Tbk (INDX) | $28.99 Billion | -30.46% | 0.67x | $1.54 Million |
About Trans Power Marine Tbk
PT Trans Power Marine Tbk engages in the provision of bulk cargo transportation and transshipment services primarily in Indonesia and Southeast Asia. It operates through two segments: Transshipment and Inter-Island Transportation. The company transports bulk commodities, such as coal, woodchips, nickel, clinker; purified gypsum; etc. The company was founded in 2005 and is headquartered in Jakarta… Read more