PANIN INSURANCE
PT Paninvest Tbk provides banking and multi financing products and services in Indonesia. It operates through Life Insurance and Business Consulting Service, Banking and Multi-Finance, Trade and Services, and Tourist segments. The company offers Sharia banking products and services; financing and mutual funds services; and death, whole life, annuity, endowment, endowment combine, universal life, … Read more
PANIN INSURANCE (OA9) - Net Assets
Latest net assets as of June 2025: €69.02 Trillion EUR
Based on the latest financial reports, PANIN INSURANCE (OA9) has net assets worth €69.02 Trillion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€243.18 Trillion) and total liabilities (€174.16 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 | €69.02 Trillion |
| % of Total Assets | 28.38% |
| Annual Growth Rate | 14.91% |
| 5-Year Change | 130.85% |
| 10-Year Change | N/A |
| Growth Volatility | 30.32 |
PANIN INSURANCE - Net Assets Trend (2016–2024)
This chart illustrates how PANIN INSURANCE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PANIN INSURANCE (2016–2024)
The table below shows the annual net assets of PANIN INSURANCE from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €68.50 Trillion | +7.51% |
| 2023-12-31 | €63.72 Trillion | +5.03% |
| 2022-12-31 | €60.67 Trillion | +3.32% |
| 2021-12-31 | €58.72 Trillion | +97.89% |
| 2020-12-31 | €29.67 Trillion | +6.61% |
| 2019-12-31 | €27.83 Trillion | +8.19% |
| 2018-12-31 | €25.73 Trillion | +5.55% |
| 2017-12-31 | €24.37 Trillion | +8.15% |
| 2016-12-31 | €22.54 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PANIN INSURANCE'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 60.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €13.17 Trillion | 58.48% |
| Other Components | €9.35 Trillion | 41.52% |
| Total Equity | €22.52 Trillion | 100.00% |
PANIN INSURANCE Competitors by Market Cap
The table below lists competitors of PANIN INSURANCE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
439580
KQ:439580
|
$54.21 Million |
|
EKTER S.A. NA EO 052
F:J97
|
$54.22 Million |
|
Tonymoly Co Ltd
KO:214420
|
$54.22 Million |
|
Tian An China Investments Company Limited
PINK:TIACF
|
$54.22 Million |
|
WISeKey International Holding Ltd.
LSE:0RF1
|
$54.21 Million |
|
Akastor ASA
PINK:AKKVF
|
$54.21 Million |
|
Inspirato Inc
NASDAQ:ISPO
|
$54.21 Million |
|
Sera Prognostics Inc
NASDAQ:SERA
|
$54.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PANIN INSURANCE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,872,513,000,000 to 22,524,537,000,000, a change of 2,652,024,000,000 (13.3%).
- Net income of 1,391,083,000,000 contributed positively to equity growth.
- Other factors increased equity by 1,260,941,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.39 Trillion | +6.18% |
| Other Changes | €1.26 Trillion | +5.6% |
| Total Change | €- | 13.35% |
Book Value vs Market Value Analysis
This analysis compares PANIN INSURANCE'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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3173.68 | €0.04 | x |
| 2018-12-31 | €3680.69 | €0.04 | x |
| 2019-12-31 | €4075.57 | €0.04 | x |
| 2020-12-31 | €4329.66 | €0.04 | x |
| 2021-12-31 | €4171.99 | €0.04 | x |
| 2022-12-31 | €4672.63 | €0.04 | x |
| 2023-12-31 | €4884.69 | €0.04 | x |
| 2024-12-31 | €5536.56 | €0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PANIN INSURANCE 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): 6.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.09%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.56x
- Recent ROE (6.18%) is below the historical average (7.69%), 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 | 13.08% | 29.96% | 0.19x | 2.29x | €365.24 Billion |
| 2017 | 8.09% | 19.42% | 0.19x | 2.24x | €-246.38 Billion |
| 2018 | 8.45% | 27.69% | 0.15x | 2.02x | €-232.38 Billion |
| 2019 | 8.32% | 29.55% | 0.14x | 1.94x | €-278.69 Billion |
| 2020 | 5.97% | 35.36% | 0.09x | 1.94x | €-709.46 Billion |
| 2021 | 4.83% | 28.74% | 0.01x | 12.89x | €-877.98 Billion |
| 2022 | 9.78% | 16.35% | 0.05x | 11.90x | €-42.55 Billion |
| 2023 | 4.47% | 8.46% | 0.04x | 11.89x | €-1.10 Trillion |
| 2024 | 6.18% | 12.09% | 0.04x | 11.56x | €-861.37 Billion |
Industry Comparison
This section compares PANIN INSURANCE's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $217,547,029,500
- Average return on equity (ROE) among peers: 9.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PANIN INSURANCE (OA9) | €69.02 Trillion | 13.08% | 2.52x | $54.21 Million |
| China Pacific Insurance (Group) Co. Ltd (75C) | $318.48 Billion | 14.12% | 7.90x | $24.50 Billion |
| China Taiping Insurance Holdings Company Limited (HIUC) | $116.61 Billion | 5.62% | 9.02x | $3.40 Billion |