Voksel Electric Tbk (VOKS) - Net Assets

Latest as of June 2025: Rp623.41 Billion IDR ≈ $36.53 Million USD

Based on the latest financial reports, Voksel Electric Tbk (VOKS) has net assets worth Rp623.41 Billion IDR (≈ $36.53 Million USD) 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 ≈ $122.07 Million USD) and total liabilities (Rp1.46 Trillion ≈ $85.54 Million 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 VOKS strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see VOKS market cap.

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. Also explore net asset growth rate of Voksel Electric Tbk to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	Rp648.53 Billion ≈ $38.00 Million	-11.87%
2023-12-31	Rp735.88 Billion ≈ $43.12 Million	+2.33%
2022-12-31	Rp719.10 Billion ≈ $42.14 Million	-20.61%
2021-12-31	Rp905.77 Billion ≈ $53.07 Million	-18.55%
2020-12-31	Rp1.11 Trillion ≈ $65.17 Million	+0.23%
2019-12-31	Rp1.11 Trillion ≈ $65.02 Million	+20.27%
2018-12-31	Rp922.63 Billion ≈ $54.06 Million	+13.33%
2017-12-31	Rp814.12 Billion ≈ $47.70 Million	+21.68%
2016-12-31	Rp669.04 Billion ≈ $39.20 Million	+31.27%
2015-12-31	Rp509.65 Billion ≈ $29.86 Million	+1.17%
2014-12-31	Rp503.77 Billion ≈ $29.52 Million	-16.21%
2013-12-31	Rp601.25 Billion ≈ $35.23 Million	-0.30%
2012-12-31	Rp603.07 Billion ≈ $35.34 Million	+21.43%
2011-12-31	Rp496.65 Billion ≈ $29.10 Million	+28.66%
2010-12-31	Rp386.02 Billion ≈ $22.62 Million	+2.73%
2009-12-31	Rp375.76 Billion ≈ $22.02 Million	+19.16%
2008-12-31	Rp315.35 Billion ≈ $18.48 Million	+2.09%
2007-12-31	Rp308.90 Billion ≈ $18.10 Million	+18.85%
2006-12-31	Rp259.92 Billion ≈ $15.23 Million	+11.82%
2005-12-31	Rp232.44 Billion ≈ $13.62 Million	+253.83%
2004-12-31	Rp-151.10 Billion ≈ $-8.85 Million	-52.83%
2003-12-31	Rp-98.87 Billion ≈ $-5.79 Million	-18.73%
2002-12-31	Rp-83.27 Billion ≈ $-4.88 Million	+12.15%
2001-12-31	Rp-94.79 Billion ≈ $-5.55 Million	-26.97%
2000-12-31	Rp-74.66 Billion ≈ $-4.37 Million	--

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
Trans Polonia S.A. WAR:TRN	$67.69 Million
Mordechai Aviv Taasiot Beniyah 1973 Ltd TA:AVIV	$67.70 Million
Decidr Ai Industries Ltd AU:DAI	$67.70 Million
GLOSTER LTD (BSE) NSE:GLOSTERLTD	$67.71 Million
OSE Pharma SA PA:OSE	$67.68 Million
Top High Image TWO:3284	$67.67 Million
Santierul Naval Orsova SA RO:SNO	$67.67 Million
Anfield Resources Inc V:AEC	$67.66 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: 1.78x
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 1.92x to 1.78x 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	Rp145.12	Rp278.00	x
2013-12-31	Rp144.68	Rp278.00	x
2014-12-31	Rp121.23	Rp278.00	x
2015-12-31	Rp122.64	Rp278.00	x
2016-12-31	Rp161.00	Rp278.00	x
2017-12-31	Rp195.91	Rp278.00	x
2018-12-31	Rp222.02	Rp278.00	x
2019-12-31	Rp267.02	Rp278.00	x
2020-12-31	Rp267.62	Rp278.00	x
2021-12-31	Rp217.96	Rp278.00	x
2022-12-31	Rp173.04	Rp278.00	x
2023-12-31	Rp177.08	Rp278.00	x
2024-12-31	Rp156.06	Rp278.00	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: $1,433,662,973,175
Average return on equity (ROE) among peers: 4.93%

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	$67.69 Million
Sumi Indo Kabel Tbk (IKBI)	$316.80 Billion	2.32%	0.41x	$37.65 Million
Jembo Cable Company Tbk (JECC)	$63.09 Billion	0.00%	4.11x	$34.55 Million
Kmi Wire And Cable Tbk (KBLI)	$886.65 Billion	8.29%	0.51x	$11.94 Million
Kabelindo Murni Tbk (KBLM)	$281.41 Billion	8.46%	1.57x	$24.02 Million
Supreme Cable Manufacturing Corp (SCCO)	$5.62 Trillion	5.57%	0.05x	$125.76 Million

About Voksel Electric Tbk

JK:VOKS Indonesia Electrical Equipment & Parts

Market Cap

$67.69 Million

Rp1.16 Trillion IDR

Market Cap Rank

#20839 Global

#386 in Indonesia

Share Price

Rp278.00

Change (1 day)

+1.46%

52-Week Range

Rp188.00 - Rp324.00

All Time High

Rp442.50