PT Bayan Resources Tbk
PT Bayan Resources Tbk., together with its subsidiaries, engages in the coal mining and sale in Indonesia. It operates through Coal and Non-Coal segments. The company produces high calorific value bituminous coal, bituminous low-sulphur, and low-ash coal products. It is also involved in the provision of mining contractor, coal transshipment and other port, power supply, and trading services, as w… Read more
PT Bayan Resources Tbk (BNB) - Net Assets
Latest net assets as of June 2025: €2.27 Billion EUR
Based on the latest financial reports, PT Bayan Resources Tbk (BNB) has net assets worth €2.27 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.19 Billion) and total liabilities (€923.89 Million). 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 | €2.27 Billion |
| % of Total Assets | 71.08% |
| Annual Growth Rate | 16.05% |
| 5-Year Change | 168.57% |
| 10-Year Change | 1244.01% |
| Growth Volatility | 61.11 |
PT Bayan Resources Tbk - Net Assets Trend (2013–2024)
This chart illustrates how PT Bayan Resources 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 Bayan Resources Tbk (2013–2024)
The table below shows the annual net assets of PT Bayan Resources Tbk from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.31 Billion | +16.93% |
| 2023-12-31 | €1.98 Billion | -0.83% |
| 2022-12-31 | €2.00 Billion | +7.11% |
| 2021-12-31 | €1.86 Billion | +116.23% |
| 2020-12-31 | €861.55 Million | +39.17% |
| 2019-12-31 | €619.08 Million | -8.70% |
| 2018-12-31 | €678.07 Million | +31.51% |
| 2017-12-31 | €515.60 Million | +174.04% |
| 2016-12-31 | €188.15 Million | +9.29% |
| 2015-12-31 | €172.16 Million | -32.63% |
| 2014-12-31 | €255.53 Million | -43.20% |
| 2013-12-31 | €449.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Bayan Resources 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 4259.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.07 Billion | 94.05% |
| Other Components | €131.16 Million | 5.95% |
| Total Equity | €2.20 Billion | 100.00% |
PT Bayan Resources Tbk Competitors by Market Cap
The table below lists competitors of PT Bayan Resources Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Novanta Inc
NASDAQ:NOVT
|
$4.29 Billion |
|
Brinks Company
NYSE:BCO
|
$4.29 Billion |
|
Xinyi Solar Holdings Limited
PINK:XISHY
|
$4.29 Billion |
|
Embotelladora Andina S.A
NYSE:AKO-B
|
$4.29 Billion |
|
ATLANTIC UNION BANKS.DL 2
F:UIO
|
$4.29 Billion |
|
Contact Energy Ltd
AU:CEN
|
$4.29 Billion |
|
Ho Chi Minh City Development Joint Stock Commercial Bank
VN:HDB
|
$4.29 Billion |
|
Tubize-Fin
BR:TUB
|
$4.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Bayan Resources Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,881,336,966 to 2,204,125,323, a change of 322,788,357 (17.2%).
- Net income of 922,642,869 contributed positively to equity growth.
- Dividend payments of 800,000,040 reduced retained earnings.
- Other factors increased equity by 200,145,528.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €922.64 Million | +41.86% |
| Dividends Paid | €800.00 Million | -36.3% |
| Other Changes | €200.15 Million | +9.08% |
| Total Change | €- | 17.16% |
Book Value vs Market Value Analysis
This analysis compares PT Bayan Resources 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: 8.92x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.54x to 8.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.13 | €0.59 | x |
| 2018-12-31 | €0.19 | €0.59 | x |
| 2019-12-31 | €0.18 | €0.59 | x |
| 2020-12-31 | €0.25 | €0.59 | x |
| 2021-12-31 | €0.54 | €0.59 | x |
| 2022-12-31 | €0.06 | €0.59 | x |
| 2023-12-31 | €0.06 | €0.59 | x |
| 2024-12-31 | €0.07 | €0.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Bayan Resources 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): 41.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.77%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.60x
- Recent ROE (41.86%) is above the historical average (29.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -12.70% | -3.16% | 0.73x | 5.48x | €-64.91 Million |
| 2014 | -94.14% | -16.71% | 0.71x | 7.90x | €-153.08 Million |
| 2015 | -78.27% | -13.85% | 0.50x | 11.40x | €-72.63 Million |
| 2016 | 25.65% | 5.18% | 0.67x | 7.36x | €17.55 Million |
| 2017 | 73.78% | 29.96% | 1.20x | 2.05x | €276.46 Million |
| 2018 | 77.09% | 29.85% | 1.46x | 1.77x | €435.52 Million |
| 2019 | 37.51% | 16.05% | 1.09x | 2.15x | €163.83 Million |
| 2020 | 39.54% | 23.56% | 0.86x | 1.95x | €245.59 Million |
| 2021 | 67.37% | 42.52% | 1.17x | 1.35x | €1.03 Billion |
| 2022 | 114.99% | 46.31% | 1.19x | 2.08x | €1.99 Billion |
| 2023 | 65.84% | 34.58% | 1.04x | 1.83x | €1.05 Billion |
| 2024 | 41.86% | 26.77% | 0.98x | 1.60x | €702.23 Million |
Industry Comparison
This section compares PT Bayan Resources Tbk's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $2,396,284,024,487
- Average return on equity (ROE) among peers: 4.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Bayan Resources Tbk (BNB) | €2.27 Billion | -12.70% | 0.41x | $4.29 Billion |
| PT Darma Henwa Tbk (0DH) | $270.85 Million | 0.40% | 1.08x | $447.22 Million |
| PT Indo Tambangraya Megah Tbk (3IB) | $884.62 Million | 22.72% | 0.48x | $555.98 Million |
| PT Harum Energy Tbk (44H) | $355.43 Million | 3.76% | 0.16x | $98.95 Million |
| PT TBS Energi Utama Tbk (6AU) | $423.69 Million | 1.87% | 1.24x | $16.44 Million |
| Oracle Power PLC (9OC) | $6.32 Million | -12.50% | 0.02x | $5.62 Million |
| HMS Bergbau AG (HMU) | $3.77 Million | 21.18% | 5.37x | $48.39 Million |
| PT. Indika Energy Tbk (I41) | $1.38 Billion | 8.69% | 1.26x | $258.08 Million |
| Ichor Coal N.V (IO0) | $38.41 Million | -32.22% | 0.32x | $196.45 |
| PT Bukit Asam Tbk (TBA) | $21.56 Trillion | 28.32% | 0.80x | $519.51 Million |