Trimegah Securities Tbk
PT Trimegah Sekuritas Indonesia Tbk engages in securities brokerage and underwriting, and investment management activities in Indonesia. Its equity trading division provides equity sales services in the primary market; and serves equity brokerage services in the secondary market to retail and institutional clients. The company's fixed-income trading division offers selling and transaction service… Read more
Trimegah Securities Tbk (TRIM) - Net Assets
Latest net assets as of June 2025: Rp1.64 Trillion IDR
Based on the latest financial reports, Trimegah Securities Tbk (TRIM) has net assets worth Rp1.64 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp4.94 Trillion) and total liabilities (Rp3.30 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 | Rp1.64 Trillion |
| % of Total Assets | 33.18% |
| Annual Growth Rate | 8.74% |
| 5-Year Change | 79.97% |
| 10-Year Change | 149.42% |
| Growth Volatility | 25.89 |
Trimegah Securities Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Trimegah Securities 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 Trimegah Securities Tbk (2000–2024)
The table below shows the annual net assets of Trimegah Securities Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.48 Trillion | +21.53% |
| 2023-12-31 | Rp1.22 Trillion | +15.35% |
| 2022-12-31 | Rp1.06 Trillion | +20.36% |
| 2021-12-31 | Rp877.17 Billion | +6.67% |
| 2020-12-31 | Rp822.34 Billion | -4.09% |
| 2019-12-31 | Rp857.42 Billion | +8.25% |
| 2018-12-31 | Rp792.08 Billion | +13.72% |
| 2017-12-31 | Rp696.53 Billion | +8.89% |
| 2016-12-31 | Rp639.68 Billion | +7.80% |
| 2015-12-31 | Rp593.37 Billion | +9.66% |
| 2014-12-31 | Rp541.08 Billion | +1.58% |
| 2013-12-31 | Rp532.68 Billion | +121.15% |
| 2012-12-31 | Rp240.87 Billion | -34.74% |
| 2011-12-31 | Rp369.09 Billion | +0.47% |
| 2010-12-31 | Rp367.38 Billion | +1.47% |
| 2009-12-31 | Rp362.07 Billion | -5.17% |
| 2008-12-31 | Rp381.80 Billion | -13.70% |
| 2007-12-31 | Rp442.42 Billion | +14.45% |
| 2006-12-31 | Rp386.57 Billion | +10.88% |
| 2005-12-31 | Rp348.65 Billion | +17.22% |
| 2004-12-31 | Rp297.44 Billion | +19.07% |
| 2003-12-31 | Rp249.80 Billion | +12.41% |
| 2002-12-31 | Rp222.22 Billion | +1.65% |
| 2001-12-31 | Rp218.61 Billion | +10.45% |
| 2000-12-31 | Rp197.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trimegah Securities 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 3416.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp959.32 Billion | 64.83% |
| Common Stock | Rp355.46 Billion | 24.02% |
| Other Comprehensive Income | Rp41.17 Billion | 2.78% |
| Other Components | Rp123.83 Billion | 8.37% |
| Total Equity | Rp1.48 Trillion | 100.00% |
Trimegah Securities Tbk Competitors by Market Cap
The table below lists competitors of Trimegah Securities Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medallion Metals Ltd
AU:MM8
|
$105.92 Million |
|
Power Wind Health Industry Incorporated
TW:8462
|
$105.94 Million |
|
Armata Pharmaceuticals Inc
NYSE MKT:ARMP
|
$105.98 Million |
|
Hillgrove Resources Limited
PINK:HLGVF
|
$106.02 Million |
|
Magellan Aerospace Corporation
PINK:MALJF
|
$105.89 Million |
|
Chung Hwa Chemical Industrial Works Ltd
TW:1727
|
$105.88 Million |
|
Tavia Acquisition Corp. Ordinary Shares
NASDAQ:TAVI
|
$105.87 Million |
|
CS Disco LLC
NYSE:LAW
|
$105.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trimegah Securities Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,217,627,485,000 to 1,479,778,813,000, a change of 262,151,328,000 (21.5%).
- Net income of 259,843,692,000 contributed positively to equity growth.
- Dividend payments of 40,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,357,636,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp259.84 Billion | +17.56% |
| Dividends Paid | Rp40.00 Million | -0.0% |
| Other Comprehensive Income | Rp3.36 Billion | +0.23% |
| Other Changes | Rp-1.01 Billion | -0.07% |
| Total Change | Rp- | 21.53% |
Book Value vs Market Value Analysis
This analysis compares Trimegah Securities 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: 2.35x
- 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 5.24x to 2.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp93.45 | Rp490.00 | x |
| 2017-12-31 | Rp101.75 | Rp490.00 | x |
| 2018-12-31 | Rp111.41 | Rp490.00 | x |
| 2019-12-31 | Rp120.57 | Rp490.00 | x |
| 2020-12-31 | Rp115.64 | Rp490.00 | x |
| 2021-12-31 | Rp123.35 | Rp490.00 | x |
| 2022-12-31 | Rp148.47 | Rp490.00 | x |
| 2023-12-31 | Rp171.27 | Rp490.00 | x |
| 2024-12-31 | Rp208.15 | Rp490.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trimegah Securities 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): 17.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.67%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.39x
- Recent ROE (17.56%) is above the historical average (9.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.97% | 18.57% | 0.31x | 1.20x | Rp-5.99 Billion |
| 2001 | 11.02% | 24.27% | 0.35x | 1.31x | Rp2.23 Billion |
| 2002 | 3.15% | 6.56% | 0.34x | 1.40x | Rp-15.22 Billion |
| 2003 | 13.83% | 21.61% | 0.40x | 1.59x | Rp9.56 Billion |
| 2004 | 19.51% | 24.84% | 0.30x | 2.65x | Rp28.29 Billion |
| 2005 | 20.61% | 26.84% | 0.42x | 1.84x | Rp36.98 Billion |
| 2006 | 18.55% | 31.54% | 0.27x | 2.17x | Rp33.04 Billion |
| 2007 | 21.64% | 27.53% | 0.21x | 3.79x | Rp51.48 Billion |
| 2008 | 8.19% | 10.22% | 0.32x | 2.54x | Rp-6.90 Billion |
| 2009 | 5.85% | 10.28% | 0.22x | 2.59x | Rp-15.02 Billion |
| 2010 | 4.36% | 8.54% | 0.22x | 2.34x | Rp-20.73 Billion |
| 2011 | 1.63% | 3.45% | 0.25x | 1.85x | Rp-30.89 Billion |
| 2013 | 0.69% | 1.89% | 0.29x | 1.26x | Rp-49.57 Billion |
| 2014 | 5.00% | 10.02% | 0.30x | 1.66x | Rp-27.06 Billion |
| 2015 | 5.60% | 10.27% | 0.25x | 2.18x | Rp-26.13 Billion |
| 2016 | 7.27% | 11.77% | 0.25x | 2.45x | Rp-17.48 Billion |
| 2017 | 7.78% | 13.45% | 0.13x | 4.57x | Rp-15.49 Billion |
| 2018 | 7.54% | 13.31% | 0.17x | 3.37x | Rp-19.50 Billion |
| 2019 | 7.56% | 14.63% | 0.15x | 3.56x | Rp-20.89 Billion |
| 2020 | 3.44% | 6.67% | 0.16x | 3.30x | Rp-53.95 Billion |
| 2021 | 5.92% | 11.46% | 0.24x | 2.12x | Rp-35.80 Billion |
| 2022 | 16.82% | 28.92% | 0.29x | 2.00x | Rp71.95 Billion |
| 2023 | 13.34% | 20.42% | 0.28x | 2.36x | Rp40.70 Billion |
| 2024 | 17.56% | 28.67% | 0.26x | 2.39x | Rp111.87 Billion |
Industry Comparison
This section compares Trimegah Securities Tbk's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $351,002,156,371
- Average return on equity (ROE) among peers: 5.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trimegah Securities Tbk (TRIM) | Rp1.64 Trillion | 6.97% | 2.01x | $105.92 Million |
| Lenox Pasifik Investama Tbk PT (LPPS) | $259.48 Billion | 11.20% | 0.65x | $2.50 Million |
| Minna Padi Investama Tbk (PADI) | $524.06 Billion | 4.05% | 0.04x | $51.43 Million |
| Panin Sekuritas Tbk (PANS) | $1.30 Trillion | 13.68% | 1.03x | $29.73 Million |
| Panca Global Securities Tbk (PEGE) | $207.17 Billion | 11.17% | 0.36x | $8.31 Million |
| Reliance Securities Tbk (RELI) | $122.04 Billion | 0.85% | 0.39x | $7.94 Million |
| Nusantara Inti Corpora Tbk (UNIT) | $242.97 Million | 0.17% | 0.90x | $180.42 |
| Yulie Sekurindo Tbk (YULE) | $48.78 Billion | -3.14% | 0.09x | $263.42 Million |