Steel Pipe Industry Of Indonesia
PT Steel Pipe Industry of Indonesia Tbk, together with its subsidiary, PT Spindo Engineering Industry, manufactures and sells steel pipes/tubes and other related products in Indonesia and internationally. It operates through Steel Pipe Mill; Spiral Steel Pipe Mill; Strips and Plate; and Services and Others segments. The company offers ERW and SSAW pipes, such as structural pipes for use in founda… Read more
Steel Pipe Industry Of Indonesia (ISSP) - Total Assets
Latest total assets as of June 2025: Rp8.39 Trillion IDR
Based on the latest financial reports, Steel Pipe Industry Of Indonesia (ISSP) holds total assets worth Rp8.39 Trillion IDR as of June 2025.
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.
Steel Pipe Industry Of Indonesia - Total Assets Trend (2010–2024)
This chart illustrates how Steel Pipe Industry Of Indonesia’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Steel Pipe Industry Of Indonesia - Asset Composition Analysis
Current Asset Composition (December 2024)
Steel Pipe Industry Of Indonesia's total assets of Rp8.39 Trillion consist of 63.3% current assets and 36.7% non-current assets.
| Asset Category | Amount (IDR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rp0.00 | 6.1% |
| Accounts Receivable | Rp1.12 Trillion | 13.5% |
| Inventory | Rp3.56 Trillion | 42.9% |
| Property, Plant & Equipment | Rp2.53 Trillion | 30.5% |
| Intangible Assets | Rp1.73 Billion | 0.0% |
| Goodwill | Rp0.00 | 0.0% |
Asset Composition Trend (2010–2024)
This chart illustrates how Steel Pipe Industry Of Indonesia'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: Steel Pipe Industry Of Indonesia's current assets represent 63.3% of total assets in 2024, an increase from 0.0% in 2010.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, up from 0.4% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is inventory at 42.9% of total assets.
Steel Pipe Industry Of Indonesia Competitors by Total Assets
Key competitors of Steel Pipe Industry Of Indonesia based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
365330
KQ:365330
|
Korea | ₩83.64 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
China | CN¥110.74 Billion |
|
HBIS Co Ltd
SHE:000709
|
China | CN¥271.74 Billion |
|
Sgis Songshan Co Ltd
SHE:000717
|
China | CN¥20.01 Billion |
|
Bengang Steel Plates Co Ltd
SHE:000761
|
China | CN¥46.73 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
China | CN¥53.95 Billion |
|
Shanxi Taigang Stainless Steel Co Ltd
SHE:000825
|
China | CN¥66.23 Billion |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
China | CN¥985.65 Million |
Steel Pipe Industry Of Indonesia - 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
Strong asset utilization - Steel Pipe Industry Of Indonesia generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Steel Pipe Industry Of Indonesia generates $6.39 in net profit.
Steel Pipe Industry Of Indonesia - 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 | 2.84 | 2.21 | 1.38 |
| Quick Ratio | 0.92 | 0.57 | 0.41 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rp3.34 Trillion | Rp 2.60 Trillion | Rp 935.77 Billion |
Steel Pipe Industry Of Indonesia - Advanced Valuation Insights
This section examines the relationship between Steel Pipe Industry Of Indonesia'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 | 0.57 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 4.1% |
| Total Assets | Rp8.30 Trillion |
| Market Capitalization | $68.80 Million USD |
Valuation Analysis
Below Book Valuation: The market values Steel Pipe Industry Of Indonesia's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Steel Pipe Industry Of Indonesia's assets grew by 4.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Steel Pipe Industry Of Indonesia (2010–2024)
The table below shows the annual total assets of Steel Pipe Industry Of Indonesia from 2010 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Rp8.30 Trillion | +4.06% |
| 2023-12-31 | Rp7.97 Trillion | +7.64% |
| 2022-12-31 | Rp7.41 Trillion | +4.35% |
| 2021-12-31 | Rp7.10 Trillion | +16.80% |
| 2020-12-31 | Rp6.08 Trillion | -5.42% |
| 2019-12-31 | Rp6.42 Trillion | -1.07% |
| 2018-12-31 | Rp6.49 Trillion | +3.58% |
| 2017-12-31 | Rp6.27 Trillion | +3.77% |
| 2016-12-31 | Rp6.04 Trillion | +10.89% |
| 2015-12-31 | Rp5.45 Trillion | +0.10% |
| 2014-12-31 | Rp5.44 Trillion | +23.89% |
| 2013-12-31 | Rp4.39 Trillion | +33.84% |
| 2012-12-31 | Rp3.28 Trillion | +24.23% |
| 2011-12-31 | Rp2.64 Trillion | +54.78% |
| 2010-12-31 | Rp1.71 Trillion | -- |