Trada Maritime Tbk
PT Trada Alam Minera Tbk, together with its subsidiaries, engages in shipping and sea transportation, mining, construction, and general trading business in Indonesia. It offers supporting vessels, such as tugboats and barges; and coal mining, rental and operation of floating storage and offloading, dry bulk cargo transportation, and liquified natural gas/LNG transportation services. The company w… Read more
Trada Maritime Tbk (TRAM) - Net Assets
Latest net assets as of June 2024: Rp6.28 Trillion IDR
Based on the latest financial reports, Trada Maritime Tbk (TRAM) has net assets worth Rp6.28 Trillion IDR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp7.59 Trillion) and total liabilities (Rp1.31 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 | Rp6.28 Trillion |
| % of Total Assets | 82.72% |
| Annual Growth Rate | 25.24% |
| 5-Year Change | 10.72% |
| 10-Year Change | 349.37% |
| Growth Volatility | 151.97 |
Trada Maritime Tbk - Net Assets Trend (2005–2023)
This chart illustrates how Trada Maritime 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 Trada Maritime Tbk (2005–2023)
The table below shows the annual net assets of Trada Maritime Tbk from 2005 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Rp5.87 Trillion | +343.93% |
| 2020-12-31 | Rp1.32 Trillion | -46.01% |
| 2019-12-31 | Rp2.45 Trillion | -53.89% |
| 2018-12-31 | Rp5.31 Trillion | +0.18% |
| 2017-12-31 | Rp5.30 Trillion | +79904.66% |
| 2016-12-31 | Rp-6.64 Billion | -101.66% |
| 2015-12-31 | Rp400.75 Billion | -69.35% |
| 2014-12-31 | Rp1.31 Trillion | -22.94% |
| 2013-12-31 | Rp1.70 Trillion | +29.99% |
| 2012-12-31 | Rp1.31 Trillion | -13.89% |
| 2011-12-31 | Rp1.52 Trillion | +18.65% |
| 2010-12-31 | Rp1.28 Trillion | +9.20% |
| 2009-12-31 | Rp1.17 Trillion | +15.93% |
| 2008-12-31 | Rp1.01 Trillion | +481.88% |
| 2007-12-31 | Rp173.45 Billion | +27.21% |
| 2006-12-31 | Rp136.35 Billion | +33.50% |
| 2005-12-31 | Rp102.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trada Maritime 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 1634.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.75 Trillion | 29.91% |
| Common Stock | Rp2.11 Trillion | 36.05% |
| Other Comprehensive Income | Rp-27.54 Billion | -0.47% |
| Other Components | Rp2.02 Trillion | 34.51% |
| Total Equity | Rp5.87 Trillion | 100.00% |
Trada Maritime Tbk Competitors by Market Cap
The table below lists competitors of Trada Maritime Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hunan Kylinsec Technology Co. Ltd. A
SHG:688152
|
$114.45 Million |
|
SML Isuzu Limited
NSE:SMLISUZU
|
$114.46 Million |
|
Intelligent Monitoring Group Ltd
AU:IMB
|
$114.46 Million |
|
In Win Development Inc
TW:6117
|
$114.49 Million |
|
Heron Therapeuti
NASDAQ:HRTX
|
$114.38 Million |
|
Creative Sensor Inc
TW:8249
|
$114.38 Million |
|
Daol Investment & Securities
KO:030210
|
$114.35 Million |
|
GREEN LANDSCAPING GROUP
F:2WN
|
$114.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trada Maritime Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2023, total equity changed from 1,225,211,692,000 to 5,865,811,167,444, a change of 4,640,599,475,444 (378.8%).
- Net income of 1,159,961,090,328 contributed positively to equity growth.
- Dividend payments of 293,647,615,476 reduced retained earnings.
- Other comprehensive income decreased equity by 27,540,795,888.
- Other factors increased equity by 3,801,826,796,480.
Equity Change Factors (2020 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.16 Trillion | +19.77% |
| Dividends Paid | Rp293.65 Billion | -5.01% |
| Other Comprehensive Income | Rp-27.54 Billion | -0.47% |
| Other Changes | Rp3.80 Trillion | +64.81% |
| Total Change | Rp- | 378.76% |
Book Value vs Market Value Analysis
This analysis compares Trada Maritime 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: 0.08x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.41x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp11.33 | Rp50.00 | x |
| 2006-12-31 | Rp15.13 | Rp50.00 | x |
| 2007-12-31 | Rp19.25 | Rp50.00 | x |
| 2008-12-31 | Rp192.36 | Rp50.00 | x |
| 2009-12-31 | Rp119.16 | Rp50.00 | x |
| 2010-12-31 | Rp119.19 | Rp50.00 | x |
| 2011-12-31 | Rp139.06 | Rp50.00 | x |
| 2012-12-31 | Rp113.50 | Rp50.00 | x |
| 2013-12-31 | Rp145.41 | Rp50.00 | x |
| 2014-12-31 | Rp105.68 | Rp50.00 | x |
| 2015-12-31 | Rp22.43 | Rp50.00 | x |
| 2016-12-31 | Rp-0.66 | Rp50.00 | x |
| 2017-12-31 | Rp96.47 | Rp50.00 | x |
| 2018-12-31 | Rp100.01 | Rp50.00 | x |
| 2019-12-31 | Rp41.43 | Rp50.00 | x |
| 2020-12-31 | Rp24.68 | Rp50.00 | x |
| 2023-12-31 | Rp638.77 | Rp50.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trada Maritime 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): 19.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.41%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.37x
- Recent ROE (19.77%) is above the historical average (-35.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 24.42% | 19.29% | 0.48x | 2.61x | Rp14.73 Billion |
| 2006 | 24.89% | 18.72% | 0.66x | 2.02x | Rp20.30 Billion |
| 2007 | 21.39% | 16.89% | 0.44x | 2.87x | Rp19.76 Billion |
| 2008 | 4.30% | 13.78% | 0.23x | 1.36x | Rp-57.82 Billion |
| 2009 | 9.10% | 29.90% | 0.21x | 1.47x | Rp-9.87 Billion |
| 2010 | 9.08% | 26.09% | 0.19x | 1.87x | Rp-10.68 Billion |
| 2011 | 8.62% | 21.43% | 0.21x | 1.88x | Rp-19.03 Billion |
| 2012 | -27.19% | -58.95% | 0.16x | 2.85x | Rp-423.88 Billion |
| 2013 | 1.36% | 2.58% | 0.20x | 2.67x | Rp-126.12 Billion |
| 2014 | -40.16% | -57.12% | 0.21x | 3.35x | Rp-532.34 Billion |
| 2015 | -426.20% | -205.07% | 0.16x | 12.65x | Rp-982.43 Billion |
| 2016 | 0.00% | -62.27% | 0.18x | 0.00x | Rp-226.12 Billion |
| 2017 | -0.70% | -6.41% | 0.05x | 2.36x | Rp-512.22 Billion |
| 2018 | 5.95% | 8.48% | 0.42x | 1.66x | Rp-200.91 Billion |
| 2019 | -139.36% | -65.85% | 0.68x | 3.13x | Rp-3.07 Trillion |
| 2020 | -90.90% | -31.34% | 0.66x | 4.41x | Rp-1.24 Trillion |
| 2023 | 19.77% | 15.41% | 0.93x | 1.37x | Rp573.38 Billion |
Industry Comparison
This section compares Trada Maritime Tbk's net assets metrics with peer companies in the Freight & Logistics Services industry.
No peer company data available for comparison.