Arthavest Tbk

JK:ARTA Indonesia Lodging
Market Cap
$73.86 Million
Rp1.20 Trillion IDR
Market Cap Rank
#27848 Global
#428 in Indonesia
Share Price
Rp2690.00
Change (1 day)
+0.00%
52-Week Range
Rp1855.00 - Rp3890.00
All Time High
Rp3890.00
About

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.

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