Asuransi Bintang Tbk (ASBI) - Net Assets

Latest as of December 2025: Rp460.59 Billion IDR ≈ $26.99 Million USD

Based on the latest financial reports, Asuransi Bintang Tbk (ASBI) has net assets worth Rp460.59 Billion IDR (≈ $26.99 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp830.97 Billion ≈ $48.69 Million USD) and total liabilities (Rp370.38 Billion ≈ $21.70 Million 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 Asuransi Bintang Tbk (ASBI) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp460.59 Billion
% of Total Assets	55.43%
Annual Growth Rate	8.03%
5-Year Change	29.47%
10-Year Change	165.24%
Growth Volatility	51.33

Asuransi Bintang Tbk - Net Assets Trend (2000–2025)

This chart illustrates how Asuransi Bintang Tbk's net assets have evolved over time, based on quarterly financial data. Also explore Asuransi Bintang Tbk asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Asuransi Bintang Tbk (2000–2025)

The table below shows the annual net assets of Asuransi Bintang Tbk from 2000 to 2025. For live valuation and market cap data, see ASBI stock market capitalisation.

Year	Net Assets	Change
2025-12-31	Rp460.59 Billion ≈ $26.99 Million	+9.09%
2024-12-31	Rp422.23 Billion ≈ $24.74 Million	+8.91%
2023-12-31	Rp387.70 Billion ≈ $22.72 Million	+5.00%
2022-12-31	Rp369.25 Billion ≈ $21.64 Million	+3.80%
2021-12-31	Rp355.74 Billion ≈ $20.85 Million	+13.38%
2020-12-31	Rp313.77 Billion ≈ $18.39 Million	+7.65%
2019-12-31	Rp291.49 Billion ≈ $17.08 Million	+3.60%
2018-12-31	Rp281.36 Billion ≈ $16.49 Million	+5.16%
2017-12-31	Rp267.55 Billion ≈ $15.68 Million	+54.07%
2016-12-31	Rp173.65 Billion ≈ $10.18 Million	+8.06%
2015-12-31	Rp160.71 Billion ≈ $9.42 Million	+17.29%
2014-12-31	Rp137.02 Billion ≈ $8.03 Million	+7.01%
2013-12-31	Rp128.04 Billion ≈ $7.50 Million	-63.99%
2012-12-31	Rp355.54 Billion ≈ $20.83 Million	+250.33%
2011-12-31	Rp101.49 Billion ≈ $5.95 Million	+10.75%
2010-12-31	Rp91.64 Billion ≈ $5.37 Million	+5.02%
2009-12-31	Rp87.26 Billion ≈ $5.11 Million	+8.86%
2008-12-31	Rp80.16 Billion ≈ $4.70 Million	+8.94%
2007-12-31	Rp73.58 Billion ≈ $4.31 Million	-15.12%
2006-12-31	Rp86.69 Billion ≈ $5.08 Million	+16.37%
2005-12-31	Rp74.49 Billion ≈ $4.37 Million	-4.19%
2004-12-31	Rp77.75 Billion ≈ $4.56 Million	-2.25%
2003-12-31	Rp79.55 Billion ≈ $4.66 Million	+4.10%
2002-12-31	Rp76.41 Billion ≈ $4.48 Million	+10.43%
2001-12-31	Rp69.20 Billion ≈ $4.05 Million	+3.49%
2000-12-31	Rp66.86 Billion ≈ $3.92 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Asuransi Bintang 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 650.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Rp216.89 Billion	47.11%
Common Stock	Rp87.10 Billion	18.92%
Other Comprehensive Income	Rp156.32 Billion	33.96%
Other Components	Rp50.00 Million	0.01%
Total Equity	Rp460.36 Billion	100.00%

Asuransi Bintang Tbk Competitors by Market Cap

The table below lists competitors of Asuransi Bintang Tbk ranked by their market capitalization.

Company	Market Cap
Major Development Public Company Limited BK:MJD	$8.58 Million
Korporacja Gospodarcza efekt S.A WAR:EFK	$8.59 Million
Allurion Technologies, Inc. NYSE:ALUR	$8.60 Million
Envirotech Vehicles Inc NASDAQ:EVTV	$8.60 Million
Mason Graphite Inc. V:LLG	$8.57 Million
Hindusthan National Glass & Industries Limited NSE:HINDNATGLS	$8.56 Million
Data Storage Corp NASDAQ:DTST	$8.56 Million
Ace Oldfields PT JK:KUAS	$8.56 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Asuransi Bintang Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 422,020,881,000 to 460,359,146,000, a change of 38,338,265,000 (9.1%).
Net income of 16,403,049,000 contributed positively to equity growth.
Dividend payments of 1,219,353,000 reduced retained earnings.
Other comprehensive income increased equity by 17,818,396,000.
Other factors increased equity by 5,336,173,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rp16.40 Billion	+3.56%
Dividends Paid	Rp1.22 Billion	-0.26%
Other Comprehensive Income	Rp17.82 Billion	+3.87%
Other Changes	Rp5.34 Billion	+1.16%
Total Change	Rp-	9.08%

Book Value vs Market Value Analysis

This analysis compares Asuransi Bintang 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: 0.32x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 1.23x to 0.32x 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	Rp340.68	Rp420.00	x
2013-12-31	Rp367.46	Rp420.00	x
2014-12-31	Rp393.21	Rp420.00	x
2015-12-31	Rp461.21	Rp420.00	x
2016-12-31	Rp498.36	Rp420.00	x
2017-12-31	Rp767.61	Rp420.00	x
2018-12-31	Rp807.24	Rp420.00	x
2019-12-31	Rp836.29	Rp420.00	x
2020-12-31	Rp900.23	Rp420.00	x
2021-12-31	Rp1020.66	Rp420.00	x
2022-12-31	Rp1059.39	Rp420.00	x
2023-12-31	Rp1112.30	Rp420.00	x
2024-12-31	Rp1211.36	Rp420.00	x
2025-12-31	Rp1321.40	Rp420.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Asuransi Bintang 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): 3.56%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.55%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.81x
Recent ROE (3.56%) is below the historical average (7.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	18.94%	16.98%	0.47x	2.38x	Rp5.98 Billion
2001	12.57%	7.77%	0.62x	2.62x	Rp1.78 Billion
2002	14.88%	11.16%	0.52x	2.55x	Rp3.73 Billion
2003	7.44%	4.55%	0.68x	2.41x	Rp-2.04 Billion
2004	2.49%	3.15%	0.37x	2.13x	Rp-5.84 Billion
2005	4.31%	3.29%	0.56x	2.35x	Rp-4.24 Billion
2006	1.49%	1.18%	0.60x	2.11x	Rp-7.38 Billion
2008	7.45%	6.22%	0.48x	2.50x	Rp-2.05 Billion
2009	4.17%	4.69%	0.41x	2.14x	Rp-5.09 Billion
2010	2.92%	3.43%	0.32x	2.66x	Rp-6.48 Billion
2011	8.99%	9.35%	0.40x	2.42x	Rp-1.03 Billion
2012	22.15%	18.69%	0.38x	3.11x	Rp14.42 Billion
2013	15.46%	12.67%	0.39x	3.12x	Rp6.99 Billion
2014	7.18%	6.99%	0.32x	3.21x	Rp-3.86 Billion
2015	17.55%	12.84%	0.44x	3.07x	Rp12.13 Billion
2016	8.81%	7.19%	0.40x	3.03x	Rp-2.06 Billion
2017	5.02%	4.90%	0.45x	2.27x	Rp-13.32 Billion
2018	4.95%	4.40%	0.49x	2.30x	Rp-14.19 Billion
2019	2.75%	2.51%	0.52x	2.11x	Rp-21.13 Billion
2020	7.54%	7.78%	0.49x	1.99x	Rp-7.70 Billion
2021	4.62%	5.71%	0.43x	1.90x	Rp-19.11 Billion
2022	1.39%	1.71%	0.46x	1.77x	Rp-31.78 Billion
2023	1.50%	3.05%	0.29x	1.69x	Rp-32.94 Billion
2024	2.34%	5.82%	0.25x	1.63x	Rp-32.33 Billion
2025	3.56%	4.55%	0.43x	1.81x	Rp-29.63 Billion

Industry Comparison

This section compares Asuransi Bintang Tbk's net assets metrics with peer companies in the Insurance - Diversified industry.

Industry Context

Industry: Insurance - Diversified
Average net assets among peers: $4,812,076,890,822
Average return on equity (ROE) among peers: 4.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Asuransi Bintang Tbk (ASBI)	Rp460.59 Billion	18.94%	0.80x	$8.57 Million
Asuransi Dayin Mitra Tbk (ASDM)	$89.19 Million	10.23%	1.03x	$13.84 Million
Equity Development Investment (GSMF)	$913.07 Billion	9.40%	3.72x	$8.45 Million
Lippo General Insurance Tbk (LPGI)	$879.82 Billion	7.81%	1.82x	$125.69 Million
Malacca Trust Wuwungan Insurance PT (MTWI)	$128.28 Billion	-4.21%	0.85x	$53.81 Million
Sinar Mas Multiartha Tbk (SMMA)	$25.21 Trillion	3.34%	3.65x	$130.24 Million
Asuransi Tugu Pratama Indonesia Tbk PT (TUGU)	$1.75 Trillion	1.51%	2.32x	$263.55 Million

About Asuransi Bintang Tbk

JK:ASBI Indonesia Insurance - Diversified

Market Cap

$8.57 Million

Rp146.32 Billion IDR

Market Cap Rank

#27253 Global

#660 in Indonesia

Share Price

Rp420.00

Change (1 day)

-0.47%

52-Week Range

Rp396.00 - Rp585.00

All Time High

Rp950.00