PT XL Axiata Tbk
PT XLSMART Telecom Sejahtera Tbk, together with its subsidiaries, provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. It operates through the GSM Mobile and Telecommunications Network Services, and Managed and Information Technology Services. The company provides cellular mobile and closed fixed network, Internet, Internet tel… Read more
PT XL Axiata Tbk (E5F) - Net Assets
Latest net assets as of December 2025: €30.01 Trillion EUR
Based on the latest financial reports, PT XL Axiata Tbk (E5F) has net assets worth €30.01 Trillion EUR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€115.32 Trillion) and total liabilities (€85.31 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 | €30.01 Trillion |
| % of Total Assets | 26.02% |
| Annual Growth Rate | 7.14% |
| 5-Year Change | 49.38% |
| 10-Year Change | 41.49% |
| Growth Volatility | 16.75 |
PT XL Axiata Tbk - Net Assets Trend (2014–2025)
This chart illustrates how PT XL Axiata 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 XL Axiata Tbk (2014–2025)
The table below shows the annual net assets of PT XL Axiata Tbk from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €30.01 Trillion | +14.44% |
| 2024-12-31 | €26.22 Trillion | -1.07% |
| 2023-12-31 | €26.50 Trillion | +2.83% |
| 2022-12-31 | €25.77 Trillion | +28.30% |
| 2021-12-31 | €20.09 Trillion | +4.97% |
| 2020-12-31 | €19.14 Trillion | +0.08% |
| 2019-12-31 | €19.12 Trillion | +4.25% |
| 2018-12-31 | €18.34 Trillion | -15.20% |
| 2017-12-31 | €21.63 Trillion | +1.99% |
| 2016-12-31 | €21.21 Trillion | +50.51% |
| 2015-12-31 | €14.09 Trillion | +0.31% |
| 2014-12-31 | €14.05 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT XL Axiata 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 decreased by 86.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.01 Trillion | 3.39% |
| Other Components | €28.82 Trillion | 96.61% |
| Total Equity | €29.83 Trillion | 100.00% |
PT XL Axiata Tbk Competitors by Market Cap
The table below lists competitors of PT XL Axiata Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ODP Corp
NASDAQ:ODP
|
$799.20 Million |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
$799.25 Million |
|
Zhejiang Taotao Vehicles Co. Ltd. A
SHE:301345
|
$799.44 Million |
|
Acom Co. Ltd
PINK:ACJJF
|
$799.50 Million |
|
Airport City Ltd
PINK:ARPTF
|
$798.47 Million |
|
JSW Infrastructure Limited
NSE:JSWINFRA
|
$798.47 Million |
|
Jinan Acetate Chemical Co Ltd
TW:4763
|
$798.13 Million |
|
Lotte Shopping
KO:023530
|
$798.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT XL Axiata Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,060,392,000,000 to 29,834,212,000,000, a change of 3,773,820,000,000 (14.5%).
- Net loss of 4,426,618,000,000 reduced equity.
- Dividend payments of 4,013,940,000,000 reduced retained earnings.
- Share repurchases of 2,452,976,000,000 reduced equity.
- New share issuances of 2,736,692,000,000 increased equity.
- Other factors increased equity by 11,930,662,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.43 Trillion | -14.84% |
| Dividends Paid | €4.01 Trillion | -13.45% |
| Share Repurchases | €2.45 Trillion | -8.22% |
| Share Issuances | €2.74 Trillion | +9.17% |
| Other Changes | €11.93 Trillion | +39.99% |
| Total Change | €- | 14.48% |
Book Value vs Market Value Analysis
This analysis compares PT XL Axiata 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 | €2023.85 | €0.13 | x |
| 2018-12-31 | €1716.24 | €0.13 | x |
| 2019-12-31 | €1789.11 | €0.13 | x |
| 2020-12-31 | €1797.02 | €0.13 | x |
| 2021-12-31 | €1883.05 | €0.13 | x |
| 2022-12-31 | €1961.69 | €0.13 | x |
| 2023-12-31 | €2016.56 | €0.13 | x |
| 2024-12-31 | €1993.61 | €0.13 | x |
| 2025-12-31 | €1639.25 | €0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT XL Axiata 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): -14.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.43%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 3.87x
- Recent ROE (-14.84%) is below the historical average (-0.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -5.72% | -3.43% | 0.37x | 4.53x | €-2.21 Trillion |
| 2015 | -0.18% | -0.11% | 0.39x | 4.18x | €-1.43 Trillion |
| 2016 | 1.77% | 1.76% | 0.39x | 2.59x | €-1.75 Trillion |
| 2017 | 1.73% | 1.64% | 0.41x | 2.60x | €-1.79 Trillion |
| 2018 | -17.97% | -14.37% | 0.40x | 3.14x | €-5.13 Trillion |
| 2019 | 3.73% | 2.84% | 0.40x | 3.28x | €-1.20 Trillion |
| 2020 | 1.94% | 1.43% | 0.38x | 3.54x | €-1.54 Trillion |
| 2021 | 6.41% | 4.81% | 0.37x | 3.62x | €-721.07 Billion |
| 2022 | 4.33% | 3.81% | 0.33x | 3.40x | €-1.45 Trillion |
| 2023 | 4.77% | 3.89% | 0.37x | 3.33x | €-1.38 Trillion |
| 2024 | 6.98% | 5.29% | 0.40x | 3.31x | €-787.02 Billion |
| 2025 | -14.84% | -10.43% | 0.37x | 3.87x | €-7.41 Trillion |
Industry Comparison
This section compares PT XL Axiata Tbk's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $6,629,200,192
- Average return on equity (ROE) among peers: -29.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT XL Axiata Tbk (E5F) | €30.01 Trillion | -5.72% | 2.84x | $798.60 Million |
| Tower One Wireless Corp (1P3N) | $2.41 Million | -396.85% | 1.20x | $1.64 Million |
| 1&1 AG (1U1) | $233.67 Million | 0.00% | 0.65x | $515.31 Million |
| Bahnhof AB (publ) (3B7) | $468.65 Million | 32.08% | 1.27x | $113.53 Million |
| Liberty Global Ltd. (3O41) | $25.60 Billion | 52.45% | 0.83x | $2.82 Billion |
| Hutchison Telecommunications Hong Kong Holdings Limited (4C6) | $11.96 Billion | 3.59% | 0.21x | $224.90 Million |
| 53N (53N) | $784.29 Million | 10.78% | 3.30x | $937.43 Million |
| BLUE LABEL (5TP) | $5.11 Billion | 12.66% | 1.96x | $374.98 Million |
| Pentanet Limited (83K) | $31.16 Million | -24.29% | 0.54x | $3.44 Million |
| APT Satellite Holdings Limited (AY8) | $5.30 Billion | 9.52% | 0.38x | $137.02 Million |
| TELUS (BCZ) | $16.80 Billion | 5.91% | 2.45x | $17.77 Billion |