Bank Agris Tbk (AGRS) - Net Assets
Based on the latest financial reports, Bank Agris Tbk (AGRS) has net assets worth Rp5.81 Trillion IDR (≈ $340.23 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp22.51 Trillion ≈ $1.32 Billion USD) and total liabilities (Rp16.70 Trillion ≈ $978.76 Million 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 Bank Agris Tbk tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp5.81 Trillion |
| % of Total Assets | 25.79% |
| Annual Growth Rate | 26.83% |
| 5-Year Change | 193.68% |
| 10-Year Change | 883.87% |
| Growth Volatility | 291.89 |
Bank Agris Tbk - Net Assets Trend (2011–2024)
This chart illustrates how Bank Agris Tbk's net assets have evolved over time, based on quarterly financial data. See how many days can Bank Agris Tbk fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bank Agris Tbk (2011–2024)
The table below shows the annual net assets of Bank Agris Tbk from 2011 to 2024. For live valuation and market cap data, see AGRS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp5.58 Trillion ≈ $326.94 Million |
+3.93% |
| 2023-12-31 | Rp5.37 Trillion ≈ $314.58 Million |
+28.80% |
| 2022-12-31 | Rp4.17 Trillion ≈ $244.24 Million |
+39.15% |
| 2021-12-31 | Rp3.00 Trillion ≈ $175.53 Million |
+57.68% |
| 2020-12-31 | Rp1.90 Trillion ≈ $111.32 Million |
-70.33% |
| 2019-12-31 | Rp6.40 Trillion ≈ $375.17 Million |
+1101.68% |
| 2018-12-31 | Rp532.80 Billion ≈ $31.22 Million |
-5.56% |
| 2017-12-31 | Rp564.15 Billion ≈ $33.06 Million |
-1.46% |
| 2016-12-31 | Rp572.51 Billion ≈ $33.55 Million |
+0.95% |
| 2015-12-31 | Rp567.10 Billion ≈ $33.23 Million |
+21.90% |
| 2014-12-31 | Rp465.23 Billion ≈ $27.26 Million |
+28.00% |
| 2013-12-31 | Rp363.46 Billion ≈ $21.30 Million |
+40.14% |
| 2012-12-31 | Rp259.36 Billion ≈ $15.20 Million |
+2.19% |
| 2011-12-31 | Rp253.79 Billion ≈ $14.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bank Agris 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 2382.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp4.79 Trillion | 85.79% |
| Other Comprehensive Income | Rp-27.99 Billion | -0.50% |
| Other Components | Rp900.39 Billion | 16.14% |
| Total Equity | Rp5.58 Trillion | 100.00% |
Bank Agris Tbk Competitors by Market Cap
The table below lists competitors of Bank Agris Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Yudha Bhakti Tbk
JK:BBYB
|
$176.80 Million |
|
Twelve Seas Investment Co II
NASDAQ:TWLV
|
$176.92 Million |
|
YFC-BonEagle Electric Co Ltd
TWO:6220
|
$176.96 Million |
|
Chunil Express
KO:000650
|
$176.98 Million |
|
The ONE Enterprise Public Company Limited
BK:ONEE-R
|
$176.65 Million |
|
1RT Acquisition Corp.
NASDAQ:ONCH
|
$176.64 Million |
|
Singer Thailand Public Company Limited
BK:SINGER-R
|
$176.57 Million |
|
JADESTONE ENERGY LS -001
F:8KW
|
$176.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank Agris Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,368,679,000,000 to 5,579,512,000,000, a change of 210,833,000,000 (3.9%).
- Net income of 215,851,000,000 contributed positively to equity growth.
- Share repurchases of 8,118,000,000 reduced equity.
- New share issuances of 8,118,000,000 increased equity.
- Other comprehensive income decreased equity by 1,011,638,000,000.
- Other factors increased equity by 1,006,620,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp215.85 Billion | +3.87% |
| Share Repurchases | Rp8.12 Billion | -0.15% |
| Share Issuances | Rp8.12 Billion | +0.15% |
| Other Comprehensive Income | Rp-1.01 Trillion | -18.13% |
| Other Changes | Rp1.01 Trillion | +18.04% |
| Total Change | Rp- | 3.93% |
Book Value vs Market Value Analysis
This analysis compares Bank Agris 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: 0.47x
- 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 0.66x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | Rp95.60 | Rp63.00 | x |
| 2015-12-31 | Rp92.02 | Rp63.00 | x |
| 2016-12-31 | Rp76.33 | Rp63.00 | x |
| 2017-12-31 | Rp75.22 | Rp63.00 | x |
| 2018-12-31 | Rp71.04 | Rp63.00 | x |
| 2019-12-31 | Rp143.49 | Rp63.00 | x |
| 2020-12-31 | Rp118.81 | Rp63.00 | x |
| 2021-12-31 | Rp195.06 | Rp63.00 | x |
| 2022-12-31 | Rp191.72 | Rp63.00 | x |
| 2023-12-31 | Rp168.60 | Rp63.00 | x |
| 2024-12-31 | Rp133.38 | Rp63.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank Agris 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): 3.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.68%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 3.60x
- Recent ROE (3.87%) is above the historical average (-2.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.96% | 4.53% | 0.02x | 8.82x | Rp-42.07 Billion |
| 2015 | 0.69% | 2.84% | 0.03x | 7.44x | Rp-52.80 Billion |
| 2016 | 0.59% | 2.31% | 0.04x | 7.09x | Rp-53.86 Billion |
| 2017 | -1.47% | -5.96% | 0.04x | 6.90x | Rp-64.73 Billion |
| 2018 | -5.84% | -20.97% | 0.04x | 7.79x | Rp-84.40 Billion |
| 2019 | -21.58% | -140.13% | 0.03x | 5.34x | Rp-379.79 Billion |
| 2020 | -9.31% | -82.82% | 0.02x | 5.19x | Rp-366.85 Billion |
| 2021 | 0.43% | 2.07% | 0.04x | 4.77x | Rp-286.79 Billion |
| 2022 | 2.48% | 11.58% | 0.05x | 4.39x | Rp-313.37 Billion |
| 2023 | 3.41% | 13.50% | 0.07x | 3.61x | Rp-353.57 Billion |
| 2024 | 3.87% | 14.68% | 0.07x | 3.60x | Rp-342.10 Billion |
Industry Comparison
This section compares Bank Agris Tbk's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $5,485,147,443,315
- Average return on equity (ROE) among peers: 9.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank Agris Tbk (AGRS) | Rp5.81 Trillion | 0.96% | 2.88x | $176.69 Million |
| Bank Rakyat Indonesia Agroniaga (AGRO) | $3.11 Trillion | 4.52% | 4.25x | $224.70 Million |
| Bank Amar Indonesia (AMAR) | $3.30 Trillion | 5.40% | 0.33x | $206.88 Million |
| Bank Artos Indonesia Tbk PT (ARTO) | $8.25 Trillion | 1.04% | 0.49x | $787.85 Million |
| Bank Mnc Internasional Tbk (BABP) | $244.04 Billion | 11.59% | 12.34x | $130.26 Million |
| Bank Capital Indonesia Tbk (BACA) | $974.19 Billion | 7.69% | 8.50x | $133.29 Million |
| Bank Net Indonesia Syariah Tbk PT (BANK) | $3.14 Trillion | -2.35% | 1.98x | $246.18 Million |
| Bank Central Asia Tbk (BBCA) | $27.86 Trillion | 24.44% | 9.14x | $45.50 Billion |
| Bk Harda Internasional Tbk Pt (BBHI) | $1.30 Trillion | 14.77% | 2.57x | $1.24 Billion |
| Bank Bukopin Tbk (BBKP) | $1.19 Trillion | 21.51% | 19.68x | $594.44 Million |
About Bank Agris Tbk
PT Bank IBK Indonesia Tbk provides various banking products and services in Indonesia. The company provides current accounts; savings and time deposits; ATM services; and various loans. The company was founded in 1973 and is headquartered in Jakarta Pusat, Indonesia. PT Bank IBK Indonesia Tbk is a subsidiary of Industrial Bank of Korea.