Bank Artos Indonesia Tbk PT (ARTO) - Net Assets
Based on the latest financial reports, Bank Artos Indonesia Tbk PT (ARTO) has net assets worth Rp8.66 Trillion IDR (≈ $507.70 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp32.43 Trillion ≈ $1.90 Billion USD) and total liabilities (Rp23.76 Trillion ≈ $1.39 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. Check Bank Artos Indonesia Tbk PT liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp8.66 Trillion |
| % of Total Assets | 26.72% |
| Annual Growth Rate | 36.05% |
| 5-Year Change | 591.28% |
| 10-Year Change | 7845.74% |
| Growth Volatility | 286.35 |
Bank Artos Indonesia Tbk PT - Net Assets Trend (2009–2024)
This chart illustrates how Bank Artos Indonesia Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Bank Artos Indonesia Tbk PT for the complete picture of this company's asset base.
Annual Net Assets for Bank Artos Indonesia Tbk PT (2009–2024)
The table below shows the annual net assets of Bank Artos Indonesia Tbk PT from 2009 to 2024. For live valuation and market cap data, see market value of Bank Artos Indonesia Tbk PT.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
-6.58% |
| 2019-12-31 | Rp1.32 Trillion ≈ $77.29 Million |
+1041.50% |
| 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 |
-1.56% |
| 2014-12-31 | Rp108.91 Billion ≈ $6.38 Million |
+1.00% |
| 2013-12-31 | Rp107.84 Billion ≈ $6.32 Million |
+2.20% |
| 2012-12-31 | Rp105.52 Billion ≈ $6.18 Million |
+0.40% |
| 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 decreased by 578.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp1.39 Trillion | 16.27% |
| Other Comprehensive Income | Rp64.08 Billion | 0.75% |
| Other Components | Rp7.11 Trillion | 83.40% |
| Total Equity | Rp8.52 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 |
|---|---|
|
Bestlink Tech Co Ltd
SHG:603206
|
$905.71 Million |
|
Vaudoise Assurances Holding SA
SW:VAHN
|
$905.93 Million |
|
Aeva Technologies, Inc. Common Stock
NYSE:AEVA
|
$906.22 Million |
|
Sipef NV
BR:SIP
|
$906.31 Million |
|
Supalai Public Company Limited
BK:SPALI
|
$905.51 Million |
|
Eckert & Ziegler Strahlen- und Medizintechnik AG
F:EUZ
|
$905.45 Million |
|
Amata Corporation Public Company Limited
BK:AMATA
|
$905.07 Million |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
$905.01 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 2023 to 2024, total equity changed from 8,356,792,000,000 to 8,518,924,000,000, a change of 162,132,000,000 (1.9%).
- Net income of 128,518,000,000 contributed positively to equity growth.
- Share repurchases of 5,476,000,000 reduced equity.
- New share issuances of 5,476,000,000 increased equity.
- Other comprehensive income increased equity by 28,138,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp128.52 Billion | +1.51% |
| Share Repurchases | Rp5.48 Billion | -0.06% |
| Share Issuances | Rp5.48 Billion | +0.06% |
| Other Comprehensive Income | Rp28.14 Billion | +0.33% |
| Other Changes | Rp5.48 Billion | +0.06% |
| Total Change | Rp- | 1.94% |
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: 1.83x
- 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 100.53x to 1.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Rp11.09 | Rp1115.00 | x |
| 2016-12-31 | Rp15.23 | Rp1115.00 | x |
| 2017-12-31 | Rp14.38 | Rp1115.00 | x |
| 2018-12-31 | Rp11.95 | Rp1115.00 | x |
| 2019-12-31 | Rp70.46 | Rp1115.00 | x |
| 2020-12-31 | Rp121.23 | Rp1115.00 | x |
| 2021-12-31 | Rp621.32 | Rp1115.00 | x |
| 2022-12-31 | Rp596.39 | Rp1115.00 | x |
| 2023-12-31 | Rp603.11 | Rp1115.00 | x |
| 2024-12-31 | Rp608.86 | Rp1115.00 | 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): 1.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.28%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 3.35x
- Recent ROE (1.51%) is above the historical average (-7.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -0.29% | -0.81% | 0.05x | 6.95x | Rp-11.03 Billion |
| 2016 | -22.63% | -84.67% | 0.05x | 5.26x | Rp-48.06 Billion |
| 2017 | -6.28% | -20.88% | 0.05x | 6.02x | Rp-22.64 Billion |
| 2018 | -20.15% | -74.28% | 0.05x | 5.75x | Rp-34.84 Billion |
| 2019 | -17.91% | -746.26% | 0.01x | 1.94x | Rp-190.08 Billion |
| 2020 | -15.38% | -285.07% | 0.03x | 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 |
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: $4,242,440,931,667
- Average return on equity (ROE) among peers: 0.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank Artos Indonesia Tbk PT (ARTO) | Rp8.66 Trillion | -0.29% | 2.74x | $905.62 Million |
| Bank Rakyat Indonesia Agroniaga (AGRO) | $371.92 Billion | 8.88% | 9.86x | $231.95 Million |
| Bank Agris Tbk (AGRS) | $5.58 Trillion | 3.87% | 2.60x | $173.89 Million |
| Bank Amar Indonesia (AMAR) | $1.08 Trillion | 5.70% | 2.20x | $203.72 Million |
| Bank Mnc Internasional Tbk (BABP) | $1.43 Trillion | 3.99% | 6.59x | $130.26 Million |
| Bank Capital Indonesia Tbk (BACA) | $504.51 Billion | 4.45% | 5.86x | $142.64 Million |
| Bank Net Indonesia Syariah Tbk PT (BANK) | $595.72 Billion | 12.98% | 0.20x | $270.45 Million |
| Bank Central Asia Tbk (BBCA) | $7.01 Trillion | 0.00% | 12.73x | $42.97 Billion |
| Bk Harda Internasional Tbk Pt (BBHI) | $7.51 Trillion | 7.65% | 1.46x | $1.05 Billion |
| Bank Bukopin Tbk (BBKP) | $14.11 Trillion | -42.76% | 4.97x | $605.45 Million |
About Bank Artos Indonesia Tbk PT
PT Bank Jago Tbk provides banking products and services for small and medium enterprises in Indonesia. The company accepts current and savings accounts, and time and term deposits, as well as Mudharabah deposits. It also offers working capital credit, consumer credit, multipurpose credit, and working capital financing services. In addition, the company provides bank guarantees. Further, it offers… Read more