Wira Global Solusi Tbk PT (WGSH) - Net Assets
Based on the latest financial reports, Wira Global Solusi Tbk PT (WGSH) has net assets worth Rp75.66 Billion IDR (≈ $4.43 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 (Rp93.64 Billion ≈ $5.49 Million USD) and total liabilities (Rp17.98 Billion ≈ $1.05 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 strategic asset allocation of Wira Global Solusi Tbk PT to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp75.66 Billion |
| % of Total Assets | 80.8% |
| Annual Growth Rate | 208.95% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3394.47 |
Wira Global Solusi Tbk PT - Net Assets Trend (2020–2024)
This chart illustrates how Wira Global Solusi Tbk PT's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Wira Global Solusi Tbk PT.
Annual Net Assets for Wira Global Solusi Tbk PT (2020–2024)
The table below shows the annual net assets of Wira Global Solusi Tbk PT from 2020 to 2024. Also explore Wira Global Solusi Tbk PT net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp59.66 Billion ≈ $3.50 Million |
+6.33% |
| 2023-12-31 | Rp56.11 Billion ≈ $3.29 Million |
+0.68% |
| 2022-12-31 | Rp55.73 Billion ≈ $3.27 Million |
+7.14% |
| 2021-12-31 | Rp52.02 Billion ≈ $3.05 Million |
+7843.91% |
| 2020-12-31 | Rp654.83 Million ≈ $38.37K |
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Equity Component Analysis
This analysis shows how different components contribute to Wira Global Solusi Tbk PT'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 8139.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp10.70 Billion | 18.04% |
| Common Stock | Rp20.85 Billion | 35.17% |
| Other Comprehensive Income | Rp983.46 Million | 1.66% |
| Other Components | Rp26.76 Billion | 45.13% |
| Total Equity | Rp59.29 Billion | 100.00% |
Wira Global Solusi Tbk PT Competitors by Market Cap
The table below lists competitors of Wira Global Solusi Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alkali Metals Limited
NSE:ALKALI
|
$7.95 Million |
|
Mason Graphite Inc.
V:LLG
|
$7.96 Million |
|
Nyrstar NV
BR:NYR
|
$7.96 Million |
|
Noida Toll Bridge Company Limited
NSE:NOIDATOLL
|
$7.97 Million |
|
Finexia Financial Group Ltd
AU:FNX
|
$7.94 Million |
|
Star Minerals Ltd
AU:SMS
|
$7.93 Million |
|
Canterbury Resources Ltd
AU:CBY
|
$7.92 Million |
|
Skyline Investments Inc
TA:SKLN
|
$7.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wira Global Solusi Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,741,089,435 to 59,287,003,000, a change of 3,545,913,565 (6.4%).
- Net income of 4,289,375,690 contributed positively to equity growth.
- Dividend payments of 1,042,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 911,821,263.
- Other factors decreased equity by 612,783,388.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp4.29 Billion | +7.23% |
| Dividends Paid | Rp1.04 Billion | -1.76% |
| Other Comprehensive Income | Rp911.82 Million | +1.54% |
| Other Changes | Rp-612.78 Million | -1.03% |
| Total Change | Rp- | 6.36% |
Book Value vs Market Value Analysis
This analysis compares Wira Global Solusi Tbk PT'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: 2.29x
- 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 206.96x to 2.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Rp0.63 | Rp130.00 | x |
| 2021-12-31 | Rp49.56 | Rp130.00 | x |
| 2022-12-31 | Rp53.11 | Rp130.00 | x |
| 2023-12-31 | Rp53.47 | Rp130.00 | x |
| 2024-12-31 | Rp56.87 | Rp130.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wira Global Solusi Tbk PT 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): 7.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.18%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.14x
- Recent ROE (7.23%) is below the historical average (10.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 22.02% | 12.28% | 1.51x | 1.19x | Rp78.70 Million |
| 2021 | 7.65% | 17.86% | 0.41x | 1.05x | Rp-1.22 Billion |
| 2022 | 8.61% | 17.86% | 0.47x | 1.03x | Rp-770.02 Million |
| 2023 | 7.99% | 13.43% | 0.57x | 1.04x | Rp-1.12 Billion |
| 2024 | 7.23% | 12.18% | 0.52x | 1.14x | Rp-1.64 Billion |
Industry Comparison
This section compares Wira Global Solusi Tbk PT's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $8,332,163,519,000
- Average return on equity (ROE) among peers: -38.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wira Global Solusi Tbk PT (WGSH) | Rp75.66 Billion | 22.02% | 0.24x | $7.94 Million |
| GoTo Gojek Tokopedia PT (GOTO) | $16.42 Trillion | -71.56% | 0.25x | $3.10 Billion |
| Hensel Davest Indonesia Tbk PT (HDIT) | $245.03 Billion | -6.13% | 0.20x | $4.47 Million |
About Wira Global Solusi Tbk PT
PT Wira Global Solusi Tbk, together with its subsidiaries, engages in the information technology industry in Indonesia. The company operates in two segments, Programming Services and Software Development; and Consultancy Services. It also engages in the wholesale and retail trading of communication and information products; real estate, and professional, scientific and technical activities; and f… Read more