Bank Artos Indonesia Tbk PT (ARTO) - Net Assets
Based on the latest financial reports, Bank Artos Indonesia Tbk PT (ARTO) has net assets worth Rp8.92 Trillion IDR (≈ $522.56 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp39.53 Trillion ≈ $2.32 Billion USD) and total liabilities (Rp30.62 Trillion ≈ $1.79 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. For live market cap and overall valuation, see market cap of Bank Artos Indonesia Tbk PT.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp8.92 Trillion |
| % of Total Assets | 22.56% |
| Annual Growth Rate | 33.76% |
| 5-Year Change | 6.99% |
| 10-Year Change | 5893.08% |
| Growth Volatility | 190.67 |
Bank Artos Indonesia Tbk PT - Net Assets Trend (2009–2025)
This chart illustrates how Bank Artos Indonesia Tbk PT's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for Bank Artos Indonesia Tbk PT (2009–2025)
The table below shows the annual net assets of Bank Artos Indonesia Tbk PT from 2009 to 2025. See ARTO net asset quality index to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp8.83 Trillion ≈ $517.16 Million |
+3.60% |
| 2024-12-31 | Rp8.52 Trillion ≈ $499.18 Million |
+1.94% |
| 2023-12-31 | Rp8.36 Trillion ≈ $489.67 Million |
+1.13% |
| 2022-12-31 | Rp8.26 Trillion ≈ $484.22 Million |
+0.17% |
| 2021-12-31 | Rp8.25 Trillion ≈ $483.39 Million |
+569.42% |
| 2020-12-31 | Rp1.23 Trillion ≈ $72.21 Million |
+80.91% |
| 2019-12-31 | Rp681.18 Billion ≈ $39.91 Million |
+489.46% |
| 2018-12-31 | Rp115.56 Billion ≈ $6.77 Million |
-16.89% |
| 2017-12-31 | Rp139.05 Billion ≈ $8.15 Million |
-5.58% |
| 2016-12-31 | Rp147.27 Billion ≈ $8.63 Million |
+37.36% |
| 2015-12-31 | Rp107.21 Billion ≈ $6.28 Million |
-87.21% |
| 2014-12-31 | Rp837.94 Billion ≈ $49.10 Million |
+27.86% |
| 2013-12-31 | Rp655.35 Billion ≈ $38.40 Million |
+28.59% |
| 2012-12-31 | Rp509.65 Billion ≈ $29.86 Million |
+384.95% |
| 2011-12-31 | Rp105.09 Billion ≈ $6.16 Million |
+2.03% |
| 2010-12-31 | Rp103.01 Billion ≈ $6.04 Million |
+22.54% |
| 2009-12-31 | Rp84.06 Billion ≈ $4.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bank Artos Indonesia 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 grown by 3074.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp240.04 Billion | 2.72% |
| Common Stock | Rp1.39 Trillion | 15.71% |
| Other Comprehensive Income | Rp89.40 Billion | 1.01% |
| Other Components | Rp7.11 Trillion | 80.56% |
| Total Equity | Rp8.83 Trillion | 100.00% |
Bank Artos Indonesia Tbk PT Competitors by Market Cap
The table below lists competitors of Bank Artos Indonesia Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DBV Technologies
NASDAQ:DBVT
|
$861.11 Million |
|
Hunan Jingfeng Pharmaceutical
SHE:000908
|
$861.26 Million |
|
Shenzhen LeoKing Environmental Group Co. Ltd. A
SHE:301305
|
$861.30 Million |
|
Ningbo Peace Bird Fashion
SHG:603877
|
$861.66 Million |
|
Ningxia Building Materials Group Co Ltd
SHG:600449
|
$860.67 Million |
|
Anel Elektrik Proje Taahhut ve Ticaret AS
IS:ANELE
|
$860.62 Million |
|
Sichuan Lutianhua Co Ltd
SHE:000912
|
$860.43 Million |
|
Shenzhen Rayitek Hi-Tech Film Co. Ltd. A
SHG:688323
|
$860.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank Artos Indonesia Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,518,924,000,000 to 8,825,930,000,000, a change of 307,006,000,000 (3.6%).
- Net income of 276,234,000,000 contributed positively to equity growth.
- Share repurchases of 5,448,000,000 reduced equity.
- New share issuances of 5,448,000,000 increased equity.
- Other comprehensive income increased equity by 25,324,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp276.23 Billion | +3.13% |
| Share Repurchases | Rp5.45 Billion | -0.06% |
| Share Issuances | Rp5.45 Billion | +0.06% |
| Other Comprehensive Income | Rp25.32 Billion | +0.29% |
| Other Changes | Rp5.45 Billion | +0.06% |
| Total Change | Rp- | 3.60% |
Book Value vs Market Value Analysis
This analysis compares Bank Artos Indonesia 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: 1.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.69x to 1.70x 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 | Rp109.34 | Rp1060.00 | x |
| 2013-12-31 | Rp111.75 | Rp1060.00 | x |
| 2014-12-31 | Rp108.63 | Rp1060.00 | x |
| 2015-12-31 | Rp11.09 | Rp1060.00 | x |
| 2016-12-31 | Rp15.23 | Rp1060.00 | x |
| 2017-12-31 | Rp14.38 | Rp1060.00 | x |
| 2018-12-31 | Rp11.95 | Rp1060.00 | x |
| 2019-12-31 | Rp70.46 | Rp1060.00 | x |
| 2020-12-31 | Rp121.23 | Rp1060.00 | x |
| 2021-12-31 | Rp621.32 | Rp1060.00 | x |
| 2022-12-31 | Rp596.39 | Rp1060.00 | x |
| 2023-12-31 | Rp603.11 | Rp1060.00 | x |
| 2024-12-31 | Rp608.86 | Rp1060.00 | x |
| 2025-12-31 | Rp624.15 | Rp1060.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank Artos Indonesia 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): 3.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.17%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 4.14x
- Recent ROE (3.13%) is above the historical average (-5.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.40% | 1.76% | 0.05x | 4.84x | Rp-10.13 Billion |
| 2013 | 2.15% | 7.68% | 0.05x | 6.09x | Rp-8.47 Billion |
| 2014 | 1.08% | 3.22% | 0.04x | 8.02x | Rp-9.35 Billion |
| 2015 | -0.29% | -0.81% | 0.05x | 6.95x | Rp-11.03 Billion |
| 2016 | -22.63% | -40.03% | 0.11x | 5.26x | Rp-48.06 Billion |
| 2017 | -6.28% | -9.74% | 0.11x | 6.02x | Rp-22.64 Billion |
| 2018 | -20.15% | -32.66% | 0.11x | 5.75x | Rp-34.84 Billion |
| 2019 | -17.91% | -227.23% | 0.04x | 1.94x | Rp-190.08 Billion |
| 2020 | -15.38% | -207.22% | 0.04x | 1.77x | Rp-312.80 Billion |
| 2021 | 1.04% | 12.98% | 0.05x | 1.49x | Rp-738.92 Billion |
| 2022 | 0.19% | 1.06% | 0.09x | 2.05x | Rp-810.46 Billion |
| 2023 | 0.87% | 3.88% | 0.09x | 2.55x | Rp-763.32 Billion |
| 2024 | 1.51% | 6.28% | 0.07x | 3.35x | Rp-723.37 Billion |
| 2025 | 3.13% | 7.17% | 0.11x | 4.14x | Rp-606.36 Billion |
Industry Comparison
This section compares Bank Artos Indonesia Tbk PT's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $10,320,008,683,000
- Average return on equity (ROE) among peers: 2.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank Artos Indonesia Tbk PT (ARTO) | Rp8.92 Trillion | 0.40% | 3.43x | $860.95 Million |
| Bank Rakyat Indonesia Agroniaga (AGRO) | $904.02 Billion | 6.86% | 6.06x | $221.80 Million |
| Bank Agris Tbk (AGRS) | $567.10 Billion | 0.69% | 6.44x | $173.89 Million |
| Bank Amar Indonesia (AMAR) | $485.90 Billion | 3.35% | 2.82x | $244.88 Million |
| Bank Mnc Internasional Tbk (BABP) | $763.88 Billion | -10.70% | 9.69x | $130.26 Million |
| Bank Capital Indonesia Tbk (BACA) | $974.19 Billion | 7.69% | 8.50x | $137.96 Million |
| Bank Net Indonesia Syariah Tbk PT (BANK) | $3.09 Trillion | -7.35% | 1.30x | $222.91 Million |
| Bank Central Asia Tbk (BBCA) | $77.92 Trillion | 21.16% | 6.09x | $46.58 Billion |
| Bk Harda Internasional Tbk Pt (BBHI) | $138.82 Billion | 0.00% | 9.99x | $1.15 Billion |
| Bank Bukopin Tbk (BBKP) | $8.04 Trillion | 0.82% | 10.17x | $616.46 Million |
About Bank Artos Indonesia Tbk PT
PT Bank Jago Tbk provides banking products and services in Indonesia. The company offers current accounts; savings accounts, including saving and spending pockets, locked pockets, shared pockets, giveaway pockets, and sharia savings products; time and term deposits; and Mudharabah deposits. It also provides working capital, investment, consumer, and multipurpose credit products; ultramicro financ… Read more