Ginting Jaya Energi (WOWS) - Net Assets
Based on the latest financial reports, Ginting Jaya Energi (WOWS) has net assets worth Rp541.74 Billion IDR (≈ $31.74 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp647.65 Billion ≈ $37.95 Million USD) and total liabilities (Rp105.90 Billion ≈ $6.21 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 Ginting Jaya Energi strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp541.74 Billion |
| % of Total Assets | 83.65% |
| Annual Growth Rate | 30.21% |
| 5-Year Change | -3.91% |
| 10-Year Change | N/A |
| Growth Volatility | 87.2 |
Ginting Jaya Energi - Net Assets Trend (2016–2025)
This chart illustrates how Ginting Jaya Energi's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see WOWS company net worth.
Annual Net Assets for Ginting Jaya Energi (2016–2025)
The table below shows the annual net assets of Ginting Jaya Energi from 2016 to 2025. Also explore WOWS net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp538.49 Billion ≈ $31.55 Million |
+2.90% |
| 2024-12-31 | Rp523.33 Billion ≈ $30.67 Million |
+0.07% |
| 2023-12-31 | Rp522.95 Billion ≈ $30.64 Million |
-1.85% |
| 2022-12-31 | Rp532.83 Billion ≈ $31.22 Million |
-4.92% |
| 2021-12-31 | Rp560.38 Billion ≈ $32.84 Million |
-5.65% |
| 2020-12-31 | Rp593.96 Billion ≈ $34.80 Million |
+0.38% |
| 2019-12-31 | Rp591.70 Billion ≈ $34.67 Million |
+270.91% |
| 2018-12-31 | Rp159.53 Billion ≈ $9.35 Million |
+111.10% |
| 2017-12-31 | Rp75.57 Billion ≈ $4.43 Million |
+50.95% |
| 2016-12-31 | Rp50.06 Billion ≈ $2.93 Million |
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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 103.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp247.57 Billion | 45.97% |
| Other Comprehensive Income | Rp43.62 Billion | 8.10% |
| Other Components | Rp248.67 Billion | 46.18% |
| Total Equity | Rp538.49 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 |
|---|---|
|
Careteq Ltd
AU:CTQ
|
$7.40 Million |
|
Nakoda Group of Industries Limited
NSE:NGIL
|
$7.40 Million |
|
Lianhua Supermarket Holdings Co. Ltd
F:LSJ
|
$7.41 Million |
|
DIGIDRIVE DISTRIBUTORS LTD
NSE:DIGIDRIVE
|
$7.41 Million |
|
Patriot Resources Ltd
AU:PAT
|
$7.40 Million |
|
Armada Berjaya Trans Tbk PT
JK:JAYA
|
$7.39 Million |
|
Solteq PLC
HE:SOLTEQ
|
$7.39 Million |
|
Turbo Energy, S.A. American Depositary Shares
NASDAQ:TURB
|
$7.39 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 2024 to 2025, total equity changed from 523,333,905,000 to 538,494,903,000, a change of 15,160,998,000 (2.9%).
- Net income of 14,916,710,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 244,288,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp14.92 Billion | +2.77% |
| Other Comprehensive Income | Rp244.29 Million | +0.05% |
| Total Change | Rp- | 2.90% |
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: 0.23x
- 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 3.59x to 0.23x 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 | Rp51.00 | x |
| 2017-12-31 | Rp21.44 | Rp51.00 | x |
| 2018-12-31 | Rp45.27 | Rp51.00 | x |
| 2019-12-31 | Rp239.00 | Rp51.00 | x |
| 2020-12-31 | Rp239.91 | Rp51.00 | x |
| 2021-12-31 | Rp226.35 | Rp51.00 | x |
| 2022-12-31 | Rp215.22 | Rp51.00 | x |
| 2023-12-31 | Rp211.23 | Rp51.00 | x |
| 2024-12-31 | Rp211.39 | Rp51.00 | x |
| 2025-12-31 | Rp217.51 | Rp51.00 | 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): 2.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.56%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.20x
- Recent ROE (2.77%) is below the historical average (6.21%), 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 |
| 2025 | 2.77% | 6.56% | 0.35x | 1.20x | Rp-38.93 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: $354,031,854,130
- Average return on equity (ROE) among peers: 8.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ginting Jaya Energi (WOWS) | Rp541.74 Billion | 21.21% | 0.20x | $7.40 Million |
| Ratu Prabu Energi Tbk (ARTI) | $-156.05 Billion | 0.00% | 0.00x | $183.76K |
| Elnusa Tbk (ELSA) | $1.92 Trillion | 24.40% | 1.19x | $290.81 Million |
| Island Concepts Indonesia Tbk (ICON) | $16.64 Billion | 4.06% | 4.50x | $9.39 Million |
| Mitra International Resources (MIRA) | $9.49 Billion | 0.00% | 11.08x | $5.57 Million |
| PT Multikarya Asia Pacific Ray (MKAP) | $277.75 Billion | 14.64% | 0.87x | $210.43 Million |
| Radiant Utama Interinsco Tbk (RUIS) | $405.96 Billion | 6.66% | 1.44x | $9.02 Million |
| Sillo Maritime Perdana Tbk PT (SHIP) | $172.20 Million | 10.97% | 1.20x | $407.98 Million |
About 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. The company was founded in 2011 and is based in Palembang, Indonesia.