PT Jasa Marga (Persero) Tbk (0JM) - Net Assets
Based on the latest financial reports, PT Jasa Marga (Persero) Tbk (0JM) has net assets worth €58.29 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 (€145.39 Trillion) and total liabilities (€87.10 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 | €58.29 Trillion |
| % of Total Assets | 40.09% |
| Annual Growth Rate | 17.97% |
| 5-Year Change | 132.25% |
| 10-Year Change | 365.22% |
| Growth Volatility | 17.39 |
PT Jasa Marga (Persero) Tbk - Net Assets Trend (2014–2024)
This chart illustrates how PT Jasa Marga (Persero) Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PT Jasa Marga (Persero) Tbk (2014–2024)
The table below shows the annual net assets of PT Jasa Marga (Persero) Tbk from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €57.54 Trillion | +47.88% |
| 2023-12-31 | €38.91 Trillion | +51.87% |
| 2022-12-31 | €25.62 Trillion | +0.47% |
| 2021-12-31 | €25.50 Trillion | +2.93% |
| 2020-12-31 | €24.78 Trillion | +6.86% |
| 2019-12-31 | €23.19 Trillion | +14.79% |
| 2018-12-31 | €20.20 Trillion | +10.02% |
| 2017-12-31 | €18.36 Trillion | +12.37% |
| 2016-12-31 | €16.34 Trillion | +32.10% |
| 2015-12-31 | €12.37 Trillion | +12.23% |
| 2014-12-31 | €11.02 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Jasa Marga (Persero) Tbk'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 471.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €17.96 Trillion | 52.75% |
| Other Components | €16.08 Trillion | 47.25% |
| Total Equity | €34.04 Trillion | 100.00% |
PT Jasa Marga (Persero) Tbk Competitors by Market Cap
The table below lists competitors of PT Jasa Marga (Persero) Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
J+J SNACK FOODS
MU:JJ1
|
$1.33 Billion |
|
Xior Student Housing BVBA
F:5XR
|
$1.33 Billion |
|
Dorchester Minerals LP
NASDAQ:DMLP
|
$1.34 Billion |
|
JK Tyre & Industries Limited
NSE:JKTYRE
|
$1.34 Billion |
|
KYORITSU MAINTEN.
F:648
|
$1.33 Billion |
|
Aptus Value Housing Finance India Limited
NSE:APTUS
|
$1.33 Billion |
|
Guilin Fuda Co Ltd
SHG:603166
|
$1.33 Billion |
|
BC TECHNOLOGY GROUP -01
F:9D2
|
$1.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Jasa Marga (Persero) Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,891,437,000,000 to 34,043,034,000,000, a change of 6,151,597,000,000 (22.1%).
- Net income of 4,535,565,000,000 contributed positively to equity growth.
- Dividend payments of 425,005,000,000 reduced retained earnings.
- Other factors increased equity by 2,041,037,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.54 Trillion | +13.32% |
| Dividends Paid | €425.00 Billion | -1.25% |
| Other Changes | €2.04 Trillion | +6.0% |
| Total Change | €- | 22.06% |
Book Value vs Market Value Analysis
This analysis compares PT Jasa Marga (Persero) Tbk'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 | €2080.18 | €0.16 | x |
| 2018-12-31 | €2329.68 | €0.16 | x |
| 2019-12-31 | €2574.13 | €0.16 | x |
| 2020-12-31 | €2628.11 | €0.16 | x |
| 2021-12-31 | €2839.10 | €0.16 | x |
| 2022-12-31 | €3007.16 | €0.16 | x |
| 2023-12-31 | €3842.92 | €0.16 | x |
| 2024-12-31 | €4690.50 | €0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Jasa Marga (Persero) Tbk 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): 13.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.80%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 4.13x
- Recent ROE (13.32%) is above the historical average (12.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.42% | 0.00% | 0.00x | 0.00x | €127.98 Billion |
| 2014 | 15.03% | 15.50% | 0.29x | 3.37x | €475.71 Billion |
| 2015 | 14.07% | 14.89% | 0.27x | 3.52x | €424.53 Billion |
| 2016 | 13.81% | 11.34% | 0.31x | 3.91x | €521.40 Billion |
| 2017 | 13.17% | 5.67% | 0.44x | 5.25x | €478.25 Billion |
| 2018 | 13.03% | 5.96% | 0.45x | 4.87x | €511.75 Billion |
| 2019 | 11.81% | 8.38% | 0.26x | 5.34x | €338.85 Billion |
| 2020 | 2.63% | 3.66% | 0.13x | 5.46x | €-1.41 Trillion |
| 2021 | 7.84% | 10.65% | 0.15x | 4.91x | €-445.30 Billion |
| 2022 | 12.59% | 16.56% | 0.18x | 4.18x | €564.32 Billion |
| 2023 | 24.36% | 31.87% | 0.16x | 4.64x | €4.00 Trillion |
| 2024 | 13.32% | 15.80% | 0.20x | 4.13x | €1.13 Trillion |
Industry Comparison
This section compares PT Jasa Marga (Persero) Tbk's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $438,432,044,347
- Average return on equity (ROE) among peers: 15.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Jasa Marga (Persero) Tbk (0JM) | €58.29 Trillion | 11.42% | 1.49x | $1.33 Billion |
| PARK24 CO. LTD (5FJ) | $58.42 Billion | 30.03% | 4.28x | $1.87 Billion |
| PINFRA S.A. (AKY) | $65.39 Billion | 14.05% | 0.28x | $5.10 Billion |
| PROMOTORA OPER (AKY.SG) (AKY) | $33.03 Billion | 14.49% | 0.24x | $5.10 Billion |
| Yuexiu Transport Infrastructure Limited (GZ3) | $12.41 Billion | 8.50% | 0.83x | $822.01 Million |
| Anhui Expressway Company Limited (HU7) | $7.89 Billion | 10.74% | 0.55x | $1.03 Billion |
| Reway Group S.p.A. (IR0) | $23.80 Million | 32.11% | 2.22x | $356.84 Million |
| PT Citra Marga Nusaphala Persada Tbk (J7K) | $3.72 Trillion | 11.06% | 0.42x | $407.09 Million |
| BENAKAT INTEGRA (J9B.SG) (J9B) | $381.84 Million | 4.91% | 2.23x | $35.11 Million |
| Shenzhen International Holdings Limited (SXYA) | $44.36 Billion | 9.71% | 0.90x | $2.32 Billion |
About PT Jasa Marga (Persero) Tbk
PT Jasa Marga (Persero) Tbk develops, constructs, operates, manages, and maintains toll roads in Indonesia. The company offers road construction and maintenance services. It also rents toll road equipment and vehicles; holds toll road concessions; develops and constructs real estate properties, including residential, office building, and apartment; and manages rest areas. The company was founded … Read more