Adhi Karya Persero Tbk (ADHI) - Net Assets
Based on the latest financial reports, Adhi Karya Persero Tbk (ADHI) has net assets worth Rp9.69 Trillion IDR (≈ $568.08 Million USD) 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 ≈ $2.01 Billion USD) and total liabilities (Rp24.69 Trillion ≈ $1.45 Billion USD). 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. Check Adhi Karya Persero Tbk (ADHI) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Adhi Karya Persero Tbk asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Adhi Karya Persero Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp9.68 Trillion ≈ $566.93 Million |
+4.95% |
| 2023-12-31 | Rp9.22 Trillion ≈ $540.18 Million |
+4.48% |
| 2022-12-31 | Rp8.82 Trillion ≈ $517.04 Million |
+55.96% |
| 2021-12-31 | Rp5.66 Trillion ≈ $331.52 Million |
+1.49% |
| 2020-12-31 | Rp5.57 Trillion ≈ $326.66 Million |
-18.43% |
| 2019-12-31 | Rp6.83 Trillion ≈ $400.46 Million |
+8.74% |
| 2018-12-31 | Rp6.29 Trillion ≈ $368.29 Million |
+7.08% |
| 2017-12-31 | Rp5.87 Trillion ≈ $343.95 Million |
+7.85% |
| 2016-12-31 | Rp5.44 Trillion ≈ $318.93 Million |
+5.44% |
| 2015-12-31 | Rp5.16 Trillion ≈ $302.48 Million |
+194.72% |
| 2014-12-31 | Rp1.75 Trillion ≈ $102.63 Million |
+13.11% |
| 2013-12-31 | Rp1.55 Trillion ≈ $90.73 Million |
+31.12% |
| 2012-12-31 | Rp1.18 Trillion ≈ $69.20 Million |
+19.24% |
| 2011-12-31 | Rp990.37 Billion ≈ $58.03 Million |
+14.13% |
| 2010-12-31 | Rp867.75 Billion ≈ $50.85 Million |
+17.13% |
| 2009-12-31 | Rp740.87 Billion ≈ $43.41 Million |
+23.50% |
| 2008-12-31 | Rp599.90 Billion ≈ $35.15 Million |
+10.00% |
| 2007-12-31 | Rp545.36 Billion ≈ $31.96 Million |
+22.72% |
| 2006-12-31 | Rp444.40 Billion ≈ $26.04 Million |
+18.53% |
| 2005-12-31 | Rp374.92 Billion ≈ $21.97 Million |
+12.08% |
| 2004-12-31 | Rp334.52 Billion ≈ $19.60 Million |
+40.49% |
| 2003-12-31 | Rp238.11 Billion ≈ $13.95 Million |
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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 |
|---|---|
|
Spigen Korea Co. Ltd
KQ:192440
|
$104.48 Million |
|
CFI Holding SA
WAR:CFI
|
$104.48 Million |
|
POSCO-Thainox Public Company Limited
BK:INOX
|
$104.48 Million |
|
Surge Battery Metals Inc
V:NILI
|
$104.50 Million |
|
SINGULAR PEOPLE S EO-1
F:H0U
|
$104.44 Million |
|
NINtec Systems Limited
NSE:NINSYS
|
$104.40 Million |
|
Hwaseung Corporation Co Ltd
KO:013520
|
$104.26 Million |
|
Bulten AB
ST:BULTEN
|
$104.24 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 1.33x 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 | Rp212.00 | x |
| 2006-12-31 | Rp190.05 | Rp212.00 | x |
| 2007-12-31 | Rp229.12 | Rp212.00 | x |
| 2008-12-31 | Rp256.48 | Rp212.00 | x |
| 2009-12-31 | Rp323.28 | Rp212.00 | x |
| 2010-12-31 | Rp380.71 | Rp212.00 | x |
| 2011-12-31 | Rp434.86 | Rp212.00 | x |
| 2012-12-31 | Rp506.40 | Rp212.00 | x |
| 2013-12-31 | Rp663.86 | Rp212.00 | x |
| 2014-12-31 | Rp787.86 | Rp212.00 | x |
| 2015-12-31 | Rp2619.81 | Rp212.00 | x |
| 2016-12-31 | Rp1397.13 | Rp212.00 | x |
| 2017-12-31 | Rp1506.67 | Rp212.00 | x |
| 2018-12-31 | Rp1613.45 | Rp212.00 | x |
| 2019-12-31 | Rp1751.16 | Rp212.00 | x |
| 2020-12-31 | Rp1426.71 | Rp212.00 | x |
| 2021-12-31 | Rp1439.96 | Rp212.00 | x |
| 2022-12-31 | Rp1920.21 | Rp212.00 | x |
| 2023-12-31 | Rp1024.74 | Rp212.00 | x |
| 2024-12-31 | Rp1075.39 | Rp212.00 | 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: $769,766,488,334
- Average return on equity (ROE) among peers: 1.10%
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 | $104.44 Million |
| Acset Indonusa Tbk (ACST) | $1.12 Trillion | -62.14% | 1.22x | $102.53 Million |
| Bumi Benowo Sukses Sejahtera Pt (BBSS) | $250.82 Billion | -0.44% | 0.02x | $45.56 Million |
| Bukaka Teknik Utama Tbk Pt (BUKK) | $3.32 Trillion | 14.35% | 0.57x | $184.89 Million |
| Nusa Konstruksi Enjiniring Tbk (DGIK) | $682.22 Billion | 7.09% | 0.75x | $41.57 Million |
| Fimperkasa Utama Tbk PT (FIMP) | $31.42 Billion | 22.86% | 0.21x | $1.62 Million |
| Indonesia Pondasi Raya Tbk PT (IDPR) | $288.70 Billion | 51.96% | 0.88x | $35.45 Million |
| Harta Djaya Karya Tbk Pt (MEJA) | $2.82 Billion | 17.11% | 3.43x | $14.15 Million |
| Meta Epsi Tbk PT (MTPS) | $84.42 Billion | -42.58% | 9.02x | $9.90 Million |
| Nusa Raya Cipta Tbk (NRCA) | $1.15 Trillion | 1.71% | 0.93x | $87.27 Million |
About 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