Forza Land Indonesia Tbk PT
PT Forza Land Indonesia Tbk engages in the property development business in Indonesia. It primarily develops industrial estates, apartment buildings, condominiums, offices, and shops and facilities, as well as other residential projects. The company was formerly known as PT Megah Satu Properti and changed its name to PT Forza Land Indonesia Tbk in 2016. PT Forza Land Indonesia Tbk was founded in … Read more
Forza Land Indonesia Tbk PT (FORZ) - Total Assets
Latest total assets as of September 2020: Rp596.70 Billion IDR
Based on the latest financial reports, Forza Land Indonesia Tbk PT (FORZ) holds total assets worth Rp596.70 Billion IDR as of September 2020.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Forza Land Indonesia Tbk PT - Total Assets Trend (2012–2019)
This chart illustrates how Forza Land Indonesia Tbk PT’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forza Land Indonesia Tbk PT - Asset Composition Analysis
Current Asset Composition (December 2019)
Forza Land Indonesia Tbk PT's total assets of Rp596.70 Billion consist of 84.1% current assets and 15.9% non-current assets.
| Asset Category | Amount (IDR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rp0.00 | 0.2% |
| Accounts Receivable | Rp71.92 Billion | 9.9% |
| Inventory | Rp520.95 Billion | 71.8% |
| Property, Plant & Equipment | Rp850.35 Million | 0.1% |
| Intangible Assets | Rp4.08 Billion | 0.6% |
| Goodwill | Rp4.08 Billion | 0.6% |
Asset Composition Trend (2012–2019)
This chart illustrates how Forza Land Indonesia Tbk PT's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forza Land Indonesia Tbk PT's current assets represent 84.1% of total assets in 2019, a decrease from 100.0% in 2012.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2019, down from 6.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is inventory at 71.8% of total assets.
Forza Land Indonesia Tbk PT Competitors by Total Assets
Key competitors of Forza Land Indonesia Tbk PT based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kee Tai Properties Co Ltd
TW:2538
|
Taiwan | NT$17.72 Billion |
|
Hung Sheng Construction Ltd
TW:2534
|
Taiwan | NT$31.48 Billion |
|
Villa Kunalai Public Company Limited
BK:KUN
|
Thailand | ฿2.84 Billion |
|
China Vanke Co Ltd Class A
SHE:000002
|
China | CN¥1.14 Trillion |
|
Shenzhen Zhenye Group Co Ltd
SHE:000006
|
China | CN¥17.27 Billion |
|
Shahe Industry Co Ltd
SHE:000014
|
China | CN¥2.33 Billion |
|
Grandjoy Holdings Group Co Ltd
SHE:000031
|
China | CN¥167.28 Billion |
|
China Union Holdings Ltd
SHE:000036
|
China | CN¥7.64 Billion |
Forza Land Indonesia Tbk PT - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Forza Land Indonesia Tbk PT generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Forza Land Indonesia Tbk PT generates $ 0.17 in net profit.
Forza Land Indonesia Tbk PT - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.21 | 1.59 | 2.47 |
| Quick Ratio | 0.40 | 0.14 | 0.28 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rp264.89 Billion | Rp 233.50 Billion | Rp 230.76 Billion |
Forza Land Indonesia Tbk PT - Advanced Valuation Insights
This section examines the relationship between Forza Land Indonesia Tbk PT's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.34 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.5% |
| Total Assets | Rp725.63 Billion |
| Market Capitalization | $4.26 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forza Land Indonesia Tbk PT's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Forza Land Indonesia Tbk PT's assets grew by 2.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Forza Land Indonesia Tbk PT (2012–2019)
The table below shows the annual total assets of Forza Land Indonesia Tbk PT from 2012 to 2019.
| Year | Total Assets | Change |
|---|---|---|
| 2019-12-31 | Rp725.63 Billion | +2.48% |
| 2018-12-31 | Rp708.09 Billion | +14.93% |
| 2017-12-31 | Rp616.11 Billion | +25.51% |
| 2016-12-31 | Rp490.89 Billion | +13.69% |
| 2015-12-31 | Rp431.79 Billion | +79.08% |
| 2014-12-31 | Rp241.12 Billion | +83.73% |
| 2013-12-31 | Rp131.23 Billion | +5681.45% |
| 2012-12-31 | Rp2.27 Billion | -- |