Ginting Jaya Energi
PT Ginting Jaya Energi Tbk, a contracting company, engages in oil and gas services in Indonesia. It is also involved in rig procurement. PT Ginting Jaya Energi Tbk was founded in 2011 and is based in Palembang, Indonesia.
Ginting Jaya Energi (WOWS) - Net Assets
Latest net assets as of September 2025: Rp528.05 Billion IDR
Based on the latest financial reports, Ginting Jaya Energi (WOWS) has net assets worth Rp528.05 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp639.05 Billion) and total liabilities (Rp111.00 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 | Rp528.05 Billion |
| % of Total Assets | 82.63% |
| Annual Growth Rate | 34.09% |
| 5-Year Change | -11.89% |
| 10-Year Change | N/A |
| Growth Volatility | 90.99 |
Ginting Jaya Energi - Net Assets Trend (2016–2024)
This chart illustrates how Ginting Jaya Energi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ginting Jaya Energi (2016–2024)
The table below shows the annual net assets of Ginting Jaya Energi from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp523.33 Billion | +0.07% |
| 2023-12-31 | Rp522.95 Billion | -1.85% |
| 2022-12-31 | Rp532.83 Billion | -4.92% |
| 2021-12-31 | Rp560.38 Billion | -5.65% |
| 2020-12-31 | Rp593.96 Billion | +0.38% |
| 2019-12-31 | Rp591.70 Billion | +270.91% |
| 2018-12-31 | Rp159.53 Billion | +111.10% |
| 2017-12-31 | Rp75.57 Billion | +50.95% |
| 2016-12-31 | Rp50.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ginting Jaya Energi'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 136.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp247.57 Billion | 47.31% |
| Other Comprehensive Income | Rp43.37 Billion | 8.29% |
| Other Components | Rp248.67 Billion | 47.52% |
| Total Equity | Rp523.33 Billion | 100.00% |
Ginting Jaya Energi Competitors by Market Cap
The table below lists competitors of Ginting Jaya Energi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Willings Co. Ltd
KQ:313760
|
$4.34 Million |
|
Vanadium Resources Ltd
AU:VR8
|
$4.34 Million |
|
Golden Deeps Ltd
AU:GED
|
$4.34 Million |
|
MOODY'S
BE:DUT
|
$4.34 Million |
|
Terra Uranium Ltd
AU:T92
|
$4.33 Million |
|
Da Hui Limited
TWO:5276
|
$4.33 Million |
|
Aptevo Therapeutics Inc
NASDAQ:APVO
|
$4.33 Million |
|
Oshidori International Holdings Limited
PINK:OSHDF
|
$4.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ginting Jaya Energi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 522,951,177,000 to 523,333,905,000, a change of 382,728,000 (0.1%).
- Net income of 490,244,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 107,516,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp490.24 Million | +0.09% |
| Other Comprehensive Income | Rp-107.52 Million | -0.02% |
| Total Change | Rp- | 0.07% |
Book Value vs Market Value Analysis
This analysis compares Ginting Jaya Energi'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: 0.31x
- 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 4.58x to 0.31x 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 | Rp14.20 | Rp65.00 | x |
| 2017-12-31 | Rp21.44 | Rp65.00 | x |
| 2018-12-31 | Rp45.27 | Rp65.00 | x |
| 2019-12-31 | Rp239.00 | Rp65.00 | x |
| 2020-12-31 | Rp239.91 | Rp65.00 | x |
| 2021-12-31 | Rp226.35 | Rp65.00 | x |
| 2022-12-31 | Rp215.22 | Rp65.00 | x |
| 2023-12-31 | Rp211.23 | Rp65.00 | x |
| 2024-12-31 | Rp211.39 | Rp65.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ginting Jaya Energi 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): 0.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.27%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.25x
- Recent ROE (0.09%) is below the historical average (6.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.21% | 9.71% | 0.38x | 5.71x | Rp5.61 Billion |
| 2017 | 31.13% | 18.14% | 0.43x | 4.00x | Rp15.97 Billion |
| 2018 | 16.87% | 16.01% | 0.37x | 2.82x | Rp10.97 Billion |
| 2019 | 2.88% | 9.65% | 0.22x | 1.37x | Rp-42.11 Billion |
| 2020 | 0.24% | 1.27% | 0.15x | 1.29x | Rp-57.96 Billion |
| 2021 | -6.04% | -35.43% | 0.13x | 1.28x | Rp-89.89 Billion |
| 2022 | -5.19% | -28.03% | 0.15x | 1.27x | Rp-80.94 Billion |
| 2023 | -1.90% | -8.13% | 0.18x | 1.27x | Rp-62.25 Billion |
| 2024 | 0.09% | 0.27% | 0.28x | 1.25x | Rp-51.84 Billion |
Industry Comparison
This section compares Ginting Jaya Energi's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $328,100,587,848
- Average return on equity (ROE) among peers: 7.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ginting Jaya Energi (WOWS) | Rp528.05 Billion | 21.21% | 0.21x | $4.34 Million |
| Ratu Prabu Energi Tbk (ARTI) | $-156.05 Billion | 0.00% | 0.00x | $18.35K |
| Atlantis Subsea Indonesia Tbk Pt (ATLA) | $33.74 Billion | 18.65% | 0.44x | $7.18 Million |
| PT Citra Tubindo Tbk (CTBN) | $83.32 Million | -7.98% | 0.61x | $32.13 Million |
| Elnusa Tbk (ELSA) | $2.88 Trillion | 10.80% | 0.46x | $142.61 Million |
| Island Concepts Indonesia Tbk (ICON) | $156.73 Billion | 0.16% | 1.71x | $2.61 Million |
| Mitra International Resources (MIRA) | $9.49 Billion | 0.00% | 11.08x | $4.63 Million |
| PT Multikarya Asia Pacific Ray (MKAP) | $123.67 Billion | 0.87% | 1.11x | $34.97 Million |
| Kian Santang Muliatama Tbk. (RGAS) | $85.38 Billion | 7.59% | 0.06x | $1.75 Million |
| Radiant Utama Interinsco Tbk (RUIS) | $150.20 Billion | 18.43% | 1.20x | $6.39 Million |
| Sillo Maritime Perdana Tbk PT (SHIP) | $24.55 Million | 24.45% | 1.14x | $117.22 Million |