PT Verona Indah Pictures Tbk
PT Verona Indah Pictures Tbk engages in the film production and film postproduction business in Indonesia. It also engages in the distribution of films, videos, and television programs. The company was founded in 2010 and is based in Jakarta Barat, Indonesia.
PT Verona Indah Pictures Tbk (VERN) - Net Assets
Latest net assets as of June 2025: Rp529.46 Billion IDR
Based on the latest financial reports, PT Verona Indah Pictures Tbk (VERN) has net assets worth Rp529.46 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp544.44 Billion) and total liabilities (Rp14.98 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 | Rp529.46 Billion |
| % of Total Assets | 97.25% |
| Annual Growth Rate | 173.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 321.47 |
PT Verona Indah Pictures Tbk - Net Assets Trend (2021–2024)
This chart illustrates how PT Verona Indah Pictures 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 Verona Indah Pictures Tbk (2021–2024)
The table below shows the annual net assets of PT Verona Indah Pictures Tbk from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp523.66 Billion | +72.52% |
| 2023-12-31 | Rp303.53 Billion | +738.59% |
| 2022-12-31 | Rp36.20 Billion | +41.83% |
| 2021-12-31 | Rp25.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Verona Indah Pictures 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 decreased by 37.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp15.43 Billion | 2.95% |
| Common Stock | Rp381.24 Billion | 72.80% |
| Other Comprehensive Income | Rp2.98 Billion | 0.57% |
| Other Components | Rp124.01 Billion | 23.68% |
| Total Equity | Rp523.66 Billion | 100.00% |
PT Verona Indah Pictures Tbk Competitors by Market Cap
The table below lists competitors of PT Verona Indah Pictures Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hasen-Immobilien AG
STU:ABHA
|
$6.07 Million |
|
Viet Thang Corp
VN:TVT
|
$6.07 Million |
|
POSaBIT Systems Corp
OTCQB:POSAF
|
$6.07 Million |
|
SANCY BERHAD
KLSE:03057
|
$6.08 Million |
|
Adelong Gold Ltd
AU:ADG
|
$6.07 Million |
|
Korea No.12 Special Purpose Acquisition Co., Ltd.
KQ:458610
|
$6.07 Million |
|
Frequency Exchange Corp.
V:FREQ
|
$6.07 Million |
|
Calibre
PA:ALWIN
|
$6.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Verona Indah Pictures Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 303,530,843,000 to 523,661,871,000, a change of 220,131,028,000 (72.5%).
- Net income of 6,922,521,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 42,057,000.
- Other factors increased equity by 213,250,564,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp6.92 Billion | +1.32% |
| Other Comprehensive Income | Rp-42.06 Million | -0.01% |
| Other Changes | Rp213.25 Billion | +40.72% |
| Total Change | Rp- | 72.52% |
Book Value vs Market Value Analysis
This analysis compares PT Verona Indah Pictures 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: 0.81x
- 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 26.97x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Rp3.30 | Rp89.00 | x |
| 2022-12-31 | Rp4.68 | Rp89.00 | x |
| 2023-12-31 | Rp39.24 | Rp89.00 | x |
| 2024-12-31 | Rp109.89 | Rp89.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Verona Indah Pictures 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): 1.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.92%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.03x
- Recent ROE (1.32%) is below the historical average (17.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 28.89% | 3.41% | 0.77x | 10.98x | Rp4.82 Billion |
| 2022 | 29.34% | 9.10% | 0.39x | 8.18x | Rp7.00 Billion |
| 2023 | 9.00% | 11.04% | 0.72x | 1.13x | Rp-3.03 Billion |
| 2024 | 1.32% | 4.92% | 0.26x | 1.03x | Rp-45.44 Billion |
Industry Comparison
This section compares PT Verona Indah Pictures Tbk's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $5,782,941,495,506
- Average return on equity (ROE) among peers: 7.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Verona Indah Pictures Tbk (VERN) | Rp529.46 Billion | 28.89% | 0.03x | $6.07 Million |
| Mnc Investama Tbk (BHIT) | $31.41 Trillion | 4.86% | 0.89x | $112.48 Million |
| Graha Layar Prima Tbk (BLTZ) | $1.12 Trillion | 1.11% | 0.55x | $12.93 Million |
| Global Mediacom Tbk (BMTR) | $13.35 Trillion | 4.65% | 0.58x | $60.62 Million |
| Bali Bintang Sejahtera Tbk PT (BOLA) | $-390.39 Million | 0.00% | 0.00x | $31.48 Million |
| PT Nusantara Sejahtera Raya Tbk (CNMA) | $4.60 Trillion | 15.84% | 0.52x | $41.76 Million |
| Dyandra Media International PT (DYAN) | $816.11 Billion | -13.33% | 1.02x | $7.86 Million |
| MD Pictures Tbk PT (FILM) | $99.92 Billion | 24.52% | 0.11x | $605.87 Million |
| MNC Vision Networks PT (IPTV) | $5.67 Trillion | 5.51% | 0.80x | $41.76 Million |
| First Media Tbk (KBLV) | $342.28 Billion | 0.00% | 2.43x | $6.27 Million |
| MNC Studios International Tbk PT (MSIN) | $409.36 Billion | 29.69% | 1.14x | $527.72 Million |