Asuransi Harta Aman Pratama Tbk PT
PT Asuransi Harta Aman Pratama Tbk engages in the general insurance business in Indonesia. The company offers property/industrial all risk, motor vehicle, freight, contractor machinery and equipment/ heavy equipment, and comprehensive machinery insurance products. It also provides fire, earthquake, ship hull, legal liability insurance for delivery services, terrorism and sabotage, construction pr… Read more
Asuransi Harta Aman Pratama Tbk PT (AHAP) - Net Assets
Latest net assets as of June 2025: Rp212.39 Billion IDR
Based on the latest financial reports, Asuransi Harta Aman Pratama Tbk PT (AHAP) has net assets worth Rp212.39 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.18 Trillion) and total liabilities (Rp968.67 Billion). 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 | Rp212.39 Billion |
| % of Total Assets | 17.98% |
| Annual Growth Rate | 10.9% |
| 5-Year Change | 111.51% |
| 10-Year Change | 20.05% |
| Growth Volatility | 59.67 |
Asuransi Harta Aman Pratama Tbk PT - Net Assets Trend (2001–2024)
This chart illustrates how Asuransi Harta Aman Pratama Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asuransi Harta Aman Pratama Tbk PT (2001–2024)
The table below shows the annual net assets of Asuransi Harta Aman Pratama Tbk PT from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp223.29 Billion | +3.39% |
| 2023-12-31 | Rp215.98 Billion | +2.81% |
| 2022-12-31 | Rp210.07 Billion | +71.99% |
| 2021-12-31 | Rp122.14 Billion | +15.69% |
| 2020-12-31 | Rp105.57 Billion | -29.11% |
| 2019-12-31 | Rp148.92 Billion | -43.56% |
| 2018-12-31 | Rp263.87 Billion | +37.02% |
| 2017-12-31 | Rp192.58 Billion | -0.02% |
| 2016-12-31 | Rp192.63 Billion | +3.57% |
| 2015-12-31 | Rp185.99 Billion | -49.11% |
| 2014-12-31 | Rp365.49 Billion | +23.51% |
| 2013-12-31 | Rp295.92 Billion | +17.39% |
| 2012-12-31 | Rp252.07 Billion | +258.22% |
| 2011-12-31 | Rp70.37 Billion | +20.23% |
| 2010-12-31 | Rp58.53 Billion | +10.88% |
| 2009-12-31 | Rp52.79 Billion | +13.60% |
| 2008-12-31 | Rp46.47 Billion | +60.68% |
| 2007-12-31 | Rp28.92 Billion | +1.85% |
| 2006-12-31 | Rp28.39 Billion | +23.56% |
| 2003-12-31 | Rp22.98 Billion | +8.80% |
| 2002-12-31 | Rp21.12 Billion | +2.14% |
| 2001-12-31 | Rp20.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asuransi Harta Aman Pratama Tbk PT'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 855.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp245.00 Billion | 109.72% |
| Other Comprehensive Income | Rp8.00 Billion | 3.58% |
| Other Components | Rp78.18 Billion | 35.01% |
| Total Equity | Rp223.29 Billion | 100.00% |
Asuransi Harta Aman Pratama Tbk PT Competitors by Market Cap
The table below lists competitors of Asuransi Harta Aman Pratama Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quotemedia Inc
OTCQB:QMCI
|
$7.86 Million |
|
EDGE TOTAL INTELLIGENCE
F:Q5I
|
$7.86 Million |
|
BALYO S.A. EO -08
F:1BO
|
$7.87 Million |
|
FRIWO AG
F:CEA
|
$7.87 Million |
|
Dyandra Media International PT
JK:DYAN
|
$7.86 Million |
|
ECOUP OYJ EO 1
F:62H
|
$7.86 Million |
|
Tonner Drones S.A.
PA:ALTD
|
$7.86 Million |
|
Onxeo S.A.
LSE:0NWK
|
$7.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asuransi Harta Aman Pratama Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 215,979,112,000 to 223,291,047,000, a change of 7,311,935,000 (3.4%).
- Net income of 6,811,453,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 500,483,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp6.81 Billion | +3.05% |
| Other Comprehensive Income | Rp500.48 Million | +0.22% |
| Other Changes | Rp-1.00K | -0.0% |
| Total Change | Rp- | 3.39% |
Book Value vs Market Value Analysis
This analysis compares Asuransi Harta Aman Pratama Tbk PT'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: 2.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.64x to 2.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp165.35 | Rp105.00 | x |
| 2013-12-31 | Rp119.33 | Rp105.00 | x |
| 2014-12-31 | Rp245.74 | Rp105.00 | x |
| 2015-12-31 | Rp93.34 | Rp105.00 | x |
| 2016-12-31 | Rp96.67 | Rp105.00 | x |
| 2017-12-31 | Rp96.65 | Rp105.00 | x |
| 2018-12-31 | Rp70.63 | Rp105.00 | x |
| 2019-12-31 | Rp39.86 | Rp105.00 | x |
| 2020-12-31 | Rp28.26 | Rp105.00 | x |
| 2021-12-31 | Rp32.69 | Rp105.00 | x |
| 2022-12-31 | Rp42.87 | Rp105.00 | x |
| 2023-12-31 | Rp44.08 | Rp105.00 | x |
| 2024-12-31 | Rp45.57 | Rp105.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asuransi Harta Aman Pratama Tbk PT 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): 3.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.35%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.58x
- Recent ROE (3.05%) is above the historical average (2.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 9.77% | 14.79% | 0.49x | 1.35x | Rp-47.33 Million |
| 2002 | 9.82% | 11.78% | 0.58x | 1.45x | Rp-37.97 Million |
| 2003 | 14.09% | 14.25% | 0.71x | 1.40x | Rp939.19 Million |
| 2006 | 7.60% | 6.33% | 0.81x | 1.48x | Rp-682.30 Million |
| 2007 | 4.53% | 2.97% | 0.89x | 1.71x | Rp-1.58 Billion |
| 2008 | 5.52% | 4.55% | 0.70x | 1.73x | Rp-2.08 Billion |
| 2009 | 13.79% | 8.60% | 0.84x | 1.91x | Rp2.00 Billion |
| 2010 | 16.08% | 7.73% | 0.96x | 2.16x | Rp3.56 Billion |
| 2011 | 20.51% | 9.54% | 1.04x | 2.06x | Rp7.39 Billion |
| 2012 | 20.02% | 8.92% | 0.74x | 3.05x | Rp8.28 Billion |
| 2013 | 21.49% | 9.50% | 0.77x | 2.96x | Rp11.52 Billion |
| 2014 | 18.07% | 8.42% | 0.72x | 2.98x | Rp9.92 Billion |
| 2015 | 4.38% | 3.24% | 0.74x | 1.83x | Rp-10.46 Billion |
| 2016 | 4.26% | 3.65% | 0.61x | 1.90x | Rp-11.07 Billion |
| 2017 | -21.36% | -23.74% | 0.52x | 1.74x | Rp-60.40 Billion |
| 2018 | -10.13% | -18.18% | 0.30x | 1.83x | Rp-53.11 Billion |
| 2019 | -77.52% | -98.25% | 0.27x | 2.89x | Rp-130.35 Billion |
| 2020 | -13.73% | -10.16% | 0.41x | 3.27x | Rp-25.05 Billion |
| 2021 | 12.62% | 7.53% | 0.55x | 3.04x | Rp3.20 Billion |
| 2022 | -3.56% | -3.02% | 0.54x | 2.17x | Rp-28.48 Billion |
| 2023 | 2.31% | 1.81% | 0.54x | 2.35x | Rp-16.62 Billion |
| 2024 | 3.05% | 2.35% | 0.50x | 2.58x | Rp-15.52 Billion |
Industry Comparison
This section compares Asuransi Harta Aman Pratama Tbk PT's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $191,202,314,320
- Average return on equity (ROE) among peers: 5.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asuransi Harta Aman Pratama Tbk PT (AHAP) | Rp212.39 Billion | 9.77% | 4.56x | $7.86 Million |
| Asuransi Bina Dana Arta Tbk (ABDA) | $75.97 Billion | 0.00% | 1.50x | $289.97K |
| Asuransi Multi Artha Guna Tbk PT (AMAG) | $154.57 Billion | 8.85% | 0.87x | $14.52 Million |
| Asuransi Jasa Tania Tbk (ASJT) | $175.02 Billion | 7.12% | 0.08x | $3.64 Million |
| Asuransi Kresna Mitra Tbk PT (ASMI) | $530.29 Billion | 1.77% | 0.84x | $6.84 Million |
| Asuransi Ramayana Tbk (ASRM) | $59.24 Billion | 12.44% | 1.24x | $6.17 Million |
| Victoria Insurance Tbk PT (VINS) | $152.11 Billion | 4.61% | 0.33x | $2.75 Million |