Arthavest Tbk
PT Arthavest Tbk, together with its subsidiaries, engages in the hospitality business in Central Jakarta. The company owns and operates the Redtop hotel & convention center, a 4-star business hotel, which includes convention and banquet, meeting room, and business center, as well as sports center and spa facilities. It also offers information technology and payment system services, as well as sel… Read more
Arthavest Tbk (ARTA) - Net Assets
Latest net assets as of June 2025: Rp257.05 Billion IDR
Based on the latest financial reports, Arthavest Tbk (ARTA) has net assets worth Rp257.05 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 (Rp279.66 Billion) and total liabilities (Rp22.61 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 | Rp257.05 Billion |
| % of Total Assets | 91.91% |
| Annual Growth Rate | 6.71% |
| 5-Year Change | -18.81% |
| 10-Year Change | -20.86% |
| Growth Volatility | 26.99 |
Arthavest Tbk - Net Assets Trend (2004–2024)
This chart illustrates how Arthavest 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 Arthavest Tbk (2004–2024)
The table below shows the annual net assets of Arthavest Tbk from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp278.24 Billion | +2.26% |
| 2023-12-31 | Rp272.09 Billion | -21.51% |
| 2022-12-31 | Rp346.67 Billion | -4.31% |
| 2021-12-31 | Rp362.30 Billion | +5.72% |
| 2020-12-31 | Rp342.69 Billion | -8.07% |
| 2019-12-31 | Rp372.76 Billion | -11.72% |
| 2018-12-31 | Rp422.26 Billion | +13.16% |
| 2017-12-31 | Rp373.17 Billion | +4.07% |
| 2016-12-31 | Rp358.58 Billion | +1.99% |
| 2015-12-31 | Rp351.60 Billion | +0.87% |
| 2014-12-31 | Rp348.58 Billion | +3.03% |
| 2013-12-31 | Rp338.34 Billion | +4.35% |
| 2012-12-31 | Rp324.24 Billion | +20.44% |
| 2011-12-31 | Rp269.22 Billion | +101.01% |
| 2010-12-31 | Rp133.93 Billion | -0.28% |
| 2009-12-31 | Rp134.31 Billion | +5.16% |
| 2008-12-31 | Rp127.72 Billion | +4.06% |
| 2007-12-31 | Rp122.74 Billion | -9.40% |
| 2006-12-31 | Rp135.48 Billion | +6.75% |
| 2005-12-31 | Rp126.91 Billion | +67.32% |
| 2004-12-31 | Rp75.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arthavest 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 929.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp79.72 Billion | 47.17% |
| Common Stock | Rp89.33 Billion | 52.86% |
| Other Comprehensive Income | Rp-1.16 Billion | -0.69% |
| Other Components | Rp1.12 Billion | 0.66% |
| Total Equity | Rp169.02 Billion | 100.00% |
Arthavest Tbk Competitors by Market Cap
The table below lists competitors of Arthavest Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samart Telcoms Public Company Limited
BK:SAMTEL
|
$11.66 Million |
|
Y. T. Realty Group Limited
PINK:YTRGF
|
$11.66 Million |
|
Hammer Metals Limited
F:6HM
|
$11.66 Million |
|
PT Charlie Hospital Semarang Tbk
JK:RSCH
|
$11.66 Million |
|
BrilliA Inc
NYSE MKT:BRIA
|
$11.65 Million |
|
Republic Power Group Limited Class A Ordinary Shares
NASDAQ:RPGL
|
$11.65 Million |
|
Korea Computer Terminal Inc
KQ:089150
|
$11.65 Million |
|
Becker Milk Co Ltd Cl B Nv Spec (BEK-B.TO
TO:BEK-B
|
$11.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arthavest Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 158,781,366,000 to 169,016,463,000, a change of 10,235,097,000 (6.4%).
- Net income of 12,940,817,000 contributed positively to equity growth.
- Dividend payments of 1,340,023,000 reduced retained earnings.
- Other comprehensive income increased equity by 753,240,000.
- Other factors decreased equity by 2,118,937,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp12.94 Billion | +7.66% |
| Dividends Paid | Rp1.34 Billion | -0.79% |
| Other Comprehensive Income | Rp753.24 Million | +0.45% |
| Other Changes | Rp-2.12 Billion | -1.25% |
| Total Change | Rp- | 6.45% |
Book Value vs Market Value Analysis
This analysis compares Arthavest 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: 7.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.37x to 7.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp364.99 | Rp2690.00 | x |
| 2013-12-31 | Rp381.39 | Rp2690.00 | x |
| 2014-12-31 | Rp391.53 | Rp2690.00 | x |
| 2015-12-31 | Rp392.44 | Rp2690.00 | x |
| 2016-12-31 | Rp395.62 | Rp2690.00 | x |
| 2017-12-31 | Rp410.08 | Rp2690.00 | x |
| 2018-12-31 | Rp434.25 | Rp2690.00 | x |
| 2019-12-31 | Rp442.78 | Rp2690.00 | x |
| 2020-12-31 | Rp416.78 | Rp2690.00 | x |
| 2021-12-31 | Rp449.43 | Rp2690.00 | x |
| 2022-12-31 | Rp451.31 | Rp2690.00 | x |
| 2023-12-31 | Rp355.47 | Rp2690.00 | x |
| 2024-12-31 | Rp378.39 | Rp2690.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arthavest 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): 7.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.31%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.73x
- Recent ROE (7.66%) is above the historical average (3.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.55% | 17.76% | 0.07x | 1.98x | Rp-5.65 Billion |
| 2005 | 11.90% | 53.64% | 0.19x | 1.19x | Rp2.42 Billion |
| 2006 | 1.01% | 11.92% | 0.07x | 1.29x | Rp-12.18 Billion |
| 2007 | 4.46% | 27.47% | 0.08x | 2.12x | Rp-6.80 Billion |
| 2008 | 3.87% | 26.36% | 0.10x | 1.41x | Rp-7.83 Billion |
| 2009 | 5.01% | 32.59% | 0.11x | 1.44x | Rp-6.70 Billion |
| 2010 | 0.80% | 6.74% | 0.08x | 1.41x | Rp-12.32 Billion |
| 2011 | 19.55% | 84.29% | 0.10x | 2.44x | Rp14.98 Billion |
| 2012 | 3.81% | 6.67% | 0.25x | 2.27x | Rp-10.08 Billion |
| 2013 | 4.30% | 7.23% | 0.28x | 2.12x | Rp-9.71 Billion |
| 2014 | 3.82% | 7.24% | 0.26x | 2.07x | Rp-10.80 Billion |
| 2015 | 0.89% | 1.95% | 0.22x | 2.06x | Rp-15.97 Billion |
| 2016 | 1.32% | 2.82% | 0.23x | 2.08x | Rp-15.34 Billion |
| 2017 | 3.36% | 6.96% | 0.23x | 2.10x | Rp-12.17 Billion |
| 2018 | 3.29% | 7.29% | 0.20x | 2.23x | Rp-13.02 Billion |
| 2019 | 1.25% | 2.89% | 0.20x | 2.22x | Rp-17.30 Billion |
| 2020 | -2.66% | -15.05% | 0.08x | 2.12x | Rp-23.57 Billion |
| 2021 | -0.79% | -3.90% | 0.11x | 1.90x | Rp-21.65 Billion |
| 2022 | 0.73% | 2.53% | 0.16x | 1.79x | Rp-18.69 Billion |
| 2023 | 0.87% | 1.78% | 0.27x | 1.83x | Rp-14.50 Billion |
| 2024 | 7.66% | 12.31% | 0.36x | 1.73x | Rp-3.96 Billion |
Industry Comparison
This section compares Arthavest Tbk's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $276,926,821,891
- Average return on equity (ROE) among peers: -44.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arthavest Tbk (ARTA) | Rp257.05 Billion | 2.55% | 0.09x | $11.66 Million |
| Anugerah Kagum Karya Utama Tbk PT (AKKU) | $750.87 Billion | -1.28% | 0.43x | $9.20 Million |
| Bukit Uluwatu Villa Tbk (BUVA) | $460.36 Billion | 8.87% | 0.92x | $386.79 Million |
| Citra Putra Realty Tbk PT (CLAY) | $11.07 Billion | -271.54% | 59.26x | $81.67 Million |
| Eastparc Hotel Tbk PT (EAST) | $245.55 Billion | 4.95% | 0.06x | $8.78 Million |
| Esta Multi Usaha PT (ESTA) | $1.39 Billion | -105.12% | 12.04x | $6.83 Million |
| Hotel Fitra International Tbk PT (FITT) | $35.35 Billion | -16.95% | 0.75x | $16.15 Million |
| PT Griptha Putra Persada Tbk (GRPH) | $52.78 Billion | 2.41% | 0.39x | $970.16K |
| Saraswati Griya Lestari Tbk (HOTL) | $328.38 Billion | -14.68% | 3.05x | $2.53 Million |
| Menteng Heritage Realty Tbk PT (HRME) | $606.60 Billion | -3.69% | 0.33x | $2.38 Million |