Adhi Karya Persero Tbk
PT Adhi Karya (Persero) Tbk engages in the construction service businesses in Indonesia. It operates through The Engineering and Construction; Property and Hospitality; Manufacturing; and Investments and Concessions segments. The Engineering and Construction segment consists civil engineering sectors, including road construction, bridges, ports, docks, dams, clean water, and waste management buil… Read more
Adhi Karya Persero Tbk (ADHI) - Net Assets
Latest net assets as of June 2025: Rp9.69 Trillion IDR
Based on the latest financial reports, Adhi Karya Persero Tbk (ADHI) has net assets worth Rp9.69 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp34.38 Trillion) and total liabilities (Rp24.69 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 | Rp9.69 Trillion |
| % of Total Assets | 28.2% |
| Annual Growth Rate | 19.29% |
| 5-Year Change | 73.55% |
| 10-Year Change | 87.43% |
| Growth Volatility | 41.01 |
Adhi Karya Persero Tbk - Net Assets Trend (2003–2024)
This chart illustrates how Adhi Karya 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 Adhi Karya Persero Tbk (2003–2024)
The table below shows the annual net assets of Adhi Karya Persero Tbk from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp9.68 Trillion | +4.95% |
| 2023-12-31 | Rp9.22 Trillion | +4.48% |
| 2022-12-31 | Rp8.82 Trillion | +55.96% |
| 2021-12-31 | Rp5.66 Trillion | +1.49% |
| 2020-12-31 | Rp5.57 Trillion | -18.43% |
| 2019-12-31 | Rp6.83 Trillion | +8.74% |
| 2018-12-31 | Rp6.29 Trillion | +7.08% |
| 2017-12-31 | Rp5.87 Trillion | +7.85% |
| 2016-12-31 | Rp5.44 Trillion | +5.44% |
| 2015-12-31 | Rp5.16 Trillion | +194.72% |
| 2014-12-31 | Rp1.75 Trillion | +13.11% |
| 2013-12-31 | Rp1.55 Trillion | +31.12% |
| 2012-12-31 | Rp1.18 Trillion | +19.24% |
| 2011-12-31 | Rp990.37 Billion | +14.13% |
| 2010-12-31 | Rp867.75 Billion | +17.13% |
| 2009-12-31 | Rp740.87 Billion | +23.50% |
| 2008-12-31 | Rp599.90 Billion | +10.00% |
| 2007-12-31 | Rp545.36 Billion | +22.72% |
| 2006-12-31 | Rp444.40 Billion | +18.53% |
| 2005-12-31 | Rp374.92 Billion | +12.08% |
| 2004-12-31 | Rp334.52 Billion | +40.49% |
| 2003-12-31 | Rp238.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adhi Karya 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 5244.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.55 Trillion | 28.22% |
| Common Stock | Rp840.76 Billion | 9.30% |
| Other Comprehensive Income | Rp893.48 Billion | 9.88% |
| Other Components | Rp4.76 Trillion | 52.60% |
| Total Equity | Rp9.04 Trillion | 100.00% |
Adhi Karya Persero Tbk Competitors by Market Cap
The table below lists competitors of Adhi Karya Persero Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lojas Quero-Quero S.A
SA:LJQQ3
|
$38.66 Million |
|
3S KOREA Co. Ltd
KQ:060310
|
$38.66 Million |
|
Zapata Computing Holdings Inc. Common Stock
NASDAQ:ZPTA
|
$38.68 Million |
|
Steer Technologies Inc.
V:ARGH
|
$38.70 Million |
|
BitNine Co. Ltd.
KQ:357880
|
$38.60 Million |
|
theglobe.com Inc
PINK:TGLO
|
$38.60 Million |
|
OCI International Holdings Limited
PINK:DGTLF
|
$38.60 Million |
|
Provision Information Co.Ltd.
TWO:6590
|
$38.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adhi Karya Persero Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,615,578,898,919 to 9,041,433,746,000, a change of 425,854,847,081 (4.9%).
- Net income of 252,497,962,000 contributed positively to equity growth.
- Share repurchases of 1,893,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,463,924,189.
- Other factors increased equity by 176,713,809,270.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp252.50 Billion | +2.79% |
| Share Repurchases | Rp1.89 Billion | -0.02% |
| Other Comprehensive Income | Rp-1.46 Billion | -0.02% |
| Other Changes | Rp176.71 Billion | +1.95% |
| Total Change | Rp- | 4.94% |
Book Value vs Market Value Analysis
This analysis compares Adhi Karya 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: 0.20x
- 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.
- The price-to-book ratio has decreased from 1.31x to 0.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp159.95 | Rp210.00 | x |
| 2006-12-31 | Rp190.05 | Rp210.00 | x |
| 2007-12-31 | Rp229.12 | Rp210.00 | x |
| 2008-12-31 | Rp256.48 | Rp210.00 | x |
| 2009-12-31 | Rp323.28 | Rp210.00 | x |
| 2010-12-31 | Rp380.71 | Rp210.00 | x |
| 2011-12-31 | Rp434.86 | Rp210.00 | x |
| 2012-12-31 | Rp506.40 | Rp210.00 | x |
| 2013-12-31 | Rp663.86 | Rp210.00 | x |
| 2014-12-31 | Rp787.86 | Rp210.00 | x |
| 2015-12-31 | Rp2619.81 | Rp210.00 | x |
| 2016-12-31 | Rp1397.13 | Rp210.00 | x |
| 2017-12-31 | Rp1506.67 | Rp210.00 | x |
| 2018-12-31 | Rp1613.45 | Rp210.00 | x |
| 2019-12-31 | Rp1751.16 | Rp210.00 | x |
| 2020-12-31 | Rp1426.71 | Rp210.00 | x |
| 2021-12-31 | Rp1439.96 | Rp210.00 | x |
| 2022-12-31 | Rp1920.21 | Rp210.00 | x |
| 2023-12-31 | Rp1024.74 | Rp210.00 | x |
| 2024-12-31 | Rp1075.39 | Rp210.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adhi Karya 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): 2.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.89%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 3.88x
- Recent ROE (2.79%) is below the historical average (13.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 19.52% | 1.97% | 1.67x | 5.91x | Rp21.62 Billion |
| 2004 | 21.33% | 2.52% | 1.51x | 5.60x | Rp37.44 Billion |
| 2005 | 21.04% | 2.54% | 1.27x | 6.51x | Rp40.93 Billion |
| 2006 | 21.76% | 2.20% | 1.52x | 6.51x | Rp51.80 Billion |
| 2007 | 21.25% | 2.25% | 1.16x | 8.16x | Rp59.79 Billion |
| 2008 | 13.95% | 1.23% | 1.30x | 8.77x | Rp23.05 Billion |
| 2009 | 22.28% | 2.09% | 1.39x | 7.70x | Rp89.80 Billion |
| 2010 | 22.00% | 3.34% | 1.15x | 5.72x | Rp103.37 Billion |
| 2011 | 18.57% | 2.73% | 1.10x | 6.22x | Rp84.34 Billion |
| 2012 | 18.02% | 2.77% | 0.97x | 6.70x | Rp94.18 Billion |
| 2013 | 26.38% | 4.14% | 1.01x | 6.32x | Rp252.05 Billion |
| 2014 | 18.58% | 3.74% | 0.83x | 6.00x | Rp149.61 Billion |
| 2015 | 9.00% | 4.94% | 0.56x | 3.25x | Rp-51.70 Billion |
| 2016 | 5.77% | 2.83% | 0.55x | 3.70x | Rp-229.87 Billion |
| 2017 | 8.80% | 3.40% | 0.53x | 4.84x | Rp-70.51 Billion |
| 2018 | 10.27% | 4.11% | 0.52x | 4.80x | Rp16.71 Billion |
| 2019 | 9.75% | 4.34% | 0.42x | 5.36x | Rp-17.20 Billion |
| 2020 | 0.43% | 0.22% | 0.28x | 6.87x | Rp-530.85 Billion |
| 2021 | 1.54% | 0.75% | 0.29x | 7.13x | Rp-473.48 Billion |
| 2022 | 2.09% | 1.29% | 0.34x | 4.76x | Rp-664.08 Billion |
| 2023 | 2.48% | 1.07% | 0.50x | 4.70x | Rp-647.54 Billion |
| 2024 | 2.79% | 1.89% | 0.38x | 3.88x | Rp-651.65 Billion |
Industry Comparison
This section compares Adhi Karya Persero Tbk's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $385,970,997,770
- Average return on equity (ROE) among peers: -30.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adhi Karya Persero Tbk (ADHI) | Rp9.69 Trillion | 19.52% | 2.55x | $38.64 Million |
| Acset Indonusa Tbk (ACST) | $286.48 Billion | -395.09% | 35.47x | $10.84 Million |
| Asri Karya Lestari Tbk. (ASLI) | $487.81 Billion | 2.68% | 0.13x | $28.07 Million |
| Bumi Benowo Sukses Sejahtera Pt (BBSS) | $247.55 Billion | -0.49% | 0.02x | $5.41 Million |
| PT Berdikari Foundation Perkas (BDKR) | $407.45 Billion | 31.26% | 1.01x | $16.80 Million |
| Bukaka Teknik Utama Tbk Pt (BUKK) | $1.05 Trillion | 7.78% | 0.64x | $33.60 Million |
| Nusa Konstruksi Enjiniring Tbk (DGIK) | $631.64 Billion | 3.98% | 0.45x | $12.06 Million |
| Fimperkasa Utama Tbk PT (FIMP) | $29.45 Billion | -3.17% | 0.12x | $1.00 Million |
| Indonesia Pondasi Raya Tbk PT (IDPR) | $288.70 Billion | 51.96% | 0.88x | $3.49 Million |
| PT Koka Indonesia Tbk (KOKA) | $46.05 Billion | 24.03% | 0.63x | $7.19 Million |