Voksel Electric Tbk
PT Voksel Electric Tbk, together with its subsidiaries, manufactures and sells power, telecommunication, and fiber optic cables in Indonesia and internationally. It operates through Power Cable, Telecommunication Cable, Fiber Optic Cable, Copper Wire, Contractor Service, and Trading segments. The company offers bare copper and aluminum conductors; optical fiber ground wires; aluminium conductor c… Read more
Voksel Electric Tbk (VOKS) - Net Assets
Latest net assets as of June 2025: Rp623.41 Billion IDR
Based on the latest financial reports, Voksel Electric Tbk (VOKS) has net assets worth Rp623.41 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 (Rp2.08 Trillion) and total liabilities (Rp1.46 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 | Rp623.41 Billion |
| % of Total Assets | 29.93% |
| Annual Growth Rate | N/A |
| 5-Year Change | -41.68% |
| 10-Year Change | 27.25% |
| Growth Volatility | 15.42 |
Voksel Electric Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Voksel Electric 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 Voksel Electric Tbk (2000–2024)
The table below shows the annual net assets of Voksel Electric Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp648.53 Billion | -11.87% |
| 2023-12-31 | Rp735.88 Billion | +2.33% |
| 2022-12-31 | Rp719.10 Billion | -20.61% |
| 2021-12-31 | Rp905.77 Billion | -18.55% |
| 2020-12-31 | Rp1.11 Trillion | +0.23% |
| 2019-12-31 | Rp1.11 Trillion | +20.27% |
| 2018-12-31 | Rp922.63 Billion | +13.33% |
| 2017-12-31 | Rp814.12 Billion | +21.68% |
| 2016-12-31 | Rp669.04 Billion | +31.27% |
| 2015-12-31 | Rp509.65 Billion | +1.17% |
| 2014-12-31 | Rp503.77 Billion | -16.21% |
| 2013-12-31 | Rp601.25 Billion | -0.30% |
| 2012-12-31 | Rp603.07 Billion | +21.43% |
| 2011-12-31 | Rp496.65 Billion | +28.66% |
| 2010-12-31 | Rp386.02 Billion | +2.73% |
| 2009-12-31 | Rp375.76 Billion | +19.16% |
| 2008-12-31 | Rp315.35 Billion | +2.09% |
| 2007-12-31 | Rp308.90 Billion | +18.85% |
| 2006-12-31 | Rp259.92 Billion | +11.82% |
| 2005-12-31 | Rp232.44 Billion | +253.83% |
| 2004-12-31 | Rp-151.10 Billion | -52.83% |
| 2003-12-31 | Rp-98.87 Billion | -18.73% |
| 2002-12-31 | Rp-83.27 Billion | +12.15% |
| 2001-12-31 | Rp-94.79 Billion | -26.97% |
| 2000-12-31 | Rp-74.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Voksel Electric 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 21729886400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp217.30 Billion | 33.51% |
| Common Stock | Rp415.56 Billion | 64.08% |
| Other Comprehensive Income | Rp14.73 Billion | 2.27% |
| Other Components | Rp940.00 Million | 0.14% |
| Total Equity | Rp648.53 Billion | 100.00% |
Voksel Electric Tbk Competitors by Market Cap
The table below lists competitors of Voksel Electric Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Begistics Public Company Limited
BK:B
|
$7.40 Million |
|
Northern Solar Holdings Berhad
KLSE:0340
|
$7.40 Million |
|
Perfect Moment Ltd.
NASDAQ:PMNT
|
$7.41 Million |
|
CopAur Minerals Inc
OTCQX:COPAF
|
$7.41 Million |
|
Barunson Co. Ltd
KQ:018700
|
$7.40 Million |
|
Stadlauer Malzfabrik Aktiengesellschaft
VI:STM
|
$7.40 Million |
|
Hong Ha Son La Processing Agricutural Product JSC
VN:HSL
|
$7.40 Million |
|
I-Hwa Industrial Co Ltd
TW:1456
|
$7.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Voksel Electric Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 735,878,408,000 to 648,533,868,000, a change of -87,344,540,000 (-11.9%).
- Net loss of 89,182,636,000 reduced equity.
- Other comprehensive income increased equity by 7,838,096,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-89.18 Billion | -13.75% |
| Other Comprehensive Income | Rp7.84 Billion | +1.21% |
| Other Changes | Rp-6.00 Billion | -0.93% |
| Total Change | Rp- | -11.87% |
Book Value vs Market Value Analysis
This analysis compares Voksel Electric 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: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp145.12 | Rp191.00 | x |
| 2013-12-31 | Rp144.68 | Rp191.00 | x |
| 2014-12-31 | Rp121.23 | Rp191.00 | x |
| 2015-12-31 | Rp122.64 | Rp191.00 | x |
| 2016-12-31 | Rp161.00 | Rp191.00 | x |
| 2017-12-31 | Rp195.91 | Rp191.00 | x |
| 2018-12-31 | Rp222.02 | Rp191.00 | x |
| 2019-12-31 | Rp267.02 | Rp191.00 | x |
| 2020-12-31 | Rp267.62 | Rp191.00 | x |
| 2021-12-31 | Rp217.96 | Rp191.00 | x |
| 2022-12-31 | Rp173.04 | Rp191.00 | x |
| 2023-12-31 | Rp177.08 | Rp191.00 | x |
| 2024-12-31 | Rp156.06 | Rp191.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Voksel Electric 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): -13.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.75%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.83x
- Recent ROE (-13.75%) is below the historical average (5.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 11.54% | 3.34% | 1.94x | 1.78x | Rp3.59 Billion |
| 2006 | 13.70% | 3.87% | 1.95x | 1.82x | Rp9.61 Billion |
| 2007 | 17.39% | 3.95% | 1.69x | 2.61x | Rp22.82 Billion |
| 2008 | 1.66% | 0.23% | 1.95x | 3.70x | Rp-26.27 Billion |
| 2009 | 14.27% | 3.10% | 1.40x | 3.30x | Rp16.02 Billion |
| 2010 | 2.61% | 0.77% | 1.16x | 2.92x | Rp-28.49 Billion |
| 2011 | 22.28% | 5.49% | 1.28x | 3.17x | Rp60.94 Billion |
| 2012 | 24.36% | 5.91% | 1.46x | 2.82x | Rp86.59 Billion |
| 2013 | 6.50% | 1.56% | 1.28x | 3.25x | Rp-21.03 Billion |
| 2014 | -17.18% | -4.32% | 1.29x | 3.09x | Rp-136.95 Billion |
| 2015 | 0.05% | 0.02% | 1.04x | 3.01x | Rp-50.69 Billion |
| 2016 | 23.92% | 7.91% | 1.21x | 2.49x | Rp93.14 Billion |
| 2017 | 20.42% | 7.36% | 1.07x | 2.59x | Rp84.79 Billion |
| 2018 | 11.43% | 3.93% | 1.08x | 2.69x | Rp13.21 Billion |
| 2019 | 18.77% | 7.80% | 0.88x | 2.73x | Rp97.29 Billion |
| 2020 | 0.25% | 0.15% | 0.63x | 2.62x | Rp-108.43 Billion |
| 2021 | -23.28% | -12.33% | 0.59x | 3.19x | Rp-301.40 Billion |
| 2022 | -26.57% | -7.27% | 0.99x | 3.71x | Rp-262.95 Billion |
| 2023 | 2.45% | 0.59% | 1.16x | 3.56x | Rp-55.57 Billion |
| 2024 | -13.75% | -4.75% | 1.03x | 2.83x | Rp-154.04 Billion |
Industry Comparison
This section compares Voksel Electric Tbk's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $709,401,912,511
- Average return on equity (ROE) among peers: 5.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Voksel Electric Tbk (VOKS) | Rp623.41 Billion | 11.54% | 2.34x | $7.40 Million |
| Sumi Indo Kabel Tbk (IKBI) | $67.41 Million | 3.10% | 0.39x | $3.15 Million |
| Jembo Cable Company Tbk (JECC) | $748.23 Billion | 7.70% | 1.94x | $14.82 Million |
| Kmi Wire And Cable Tbk (KBLI) | $85.83 Billion | 0.00% | 3.86x | $26.63 Million |
| Kabelindo Murni Tbk (KBLM) | $269.66 Billion | 2.85% | 1.43x | $1.09 Million |
| PT Menn Teknologi Indonesia (MENN) | $11.60 Billion | 7.54% | 0.14x | $2.69 Million |
| Supreme Cable Manufacturing Corp (SCCO) | $3.14 Trillion | 10.04% | 0.40x | $27.93 Million |