Asuransi Jasa Tania Tbk

JK:ASJT Indonesia Insurance - Property & Casualty
Market Cap
$16.09 Million
Rp261.80 Billion IDR
Market Cap Rank
#32388 Global
#654 in Indonesia
Share Price
Rp187.00
Change (1 day)
-1.58%
52-Week Range
Rp95.00 - Rp254.00
All Time High
Rp1074.49
Categories
Companies in Indonesia Insurance - Property & Casualty
About

PT Asuransi Jasa Tania Tbk provides general insurance products and services in Indonesia. It operates through Property, Motor Vehicles, Marine Cargo, Engineering, and Others segments. The company offers standard products, such as fire insurance comprising property all risk/industrial all risk and earthquake insurance; motor vehicle insurance; engineering insurance, including contractor, erection,… Read more

Asuransi Jasa Tania Tbk (ASJT) - Net Assets

Latest net assets as of June 2025: Rp316.31 Billion IDR

Based on the latest financial reports, Asuransi Jasa Tania Tbk (ASJT) has net assets worth Rp316.31 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 (Rp572.27 Billion) and total liabilities (Rp255.97 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 Rp316.31 Billion
% of Total Assets 55.27%
Annual Growth Rate 9.66%
5-Year Change 56.11%
10-Year Change -10.85%
Growth Volatility 39.07

Asuransi Jasa Tania Tbk - Net Assets Trend (2002–2024)

This chart illustrates how Asuransi Jasa Tania 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 Asuransi Jasa Tania Tbk (2002–2024)

The table below shows the annual net assets of Asuransi Jasa Tania Tbk from 2002 to 2024.

Year Net Assets Change
2024-12-31 Rp327.10 Billion +0.84%
2023-12-31 Rp324.37 Billion +2.06%
2022-12-31 Rp317.84 Billion +3.04%
2021-12-31 Rp308.45 Billion +47.21%
2020-12-31 Rp209.53 Billion +0.08%
2019-12-31 Rp209.36 Billion -53.93%
2018-12-31 Rp454.47 Billion +7.43%
2017-12-31 Rp423.04 Billion +4.58%
2016-12-31 Rp404.52 Billion +10.25%
2015-12-31 Rp366.92 Billion +23.90%
2014-12-31 Rp296.15 Billion +57.05%
2013-12-31 Rp188.56 Billion +7.74%
2012-12-31 Rp175.02 Billion +118.71%
2011-12-31 Rp80.02 Billion -24.28%
2010-12-31 Rp105.68 Billion +5.67%
2009-12-31 Rp100.01 Billion +10.43%
2008-12-31 Rp90.56 Billion +2.77%
2007-12-31 Rp88.12 Billion +0.98%
2003-12-31 Rp87.26 Billion +102.97%
2002-12-31 Rp42.99 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Asuransi Jasa Tania 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 decreased by 54.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp8.28 Billion 2.53%
Common Stock Rp140.00 Billion 42.80%
Other Comprehensive Income Rp157.85 Billion 48.26%
Other Components Rp20.97 Billion 6.41%
Total Equity Rp327.10 Billion 100.00%

Asuransi Jasa Tania Tbk Competitors by Market Cap

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

Company Market Cap
Nfc PLC
BK:NFC
 		$3.64 Million
Konsolidator AS
CO:KONSOL
 		$3.64 Million
Guideline Geo AB (publ)
ST:GGEO
 		$3.64 Million
LCL Resources Ltd
AU:LCL
 		$3.64 Million
ENDRA Life Sciences Inc
NASDAQ:NDRA
 		$3.64 Million
Damartex
PA:ALDAR
 		$3.64 Million
IPC CORP. -LOC.-
F:IPEN
 		$3.63 Million
HAYDALE GRAPH.INDUS.LS-02
F:6HG
 		$3.63 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 324,373,857,000 to 327,097,460,000, a change of 2,723,603,000 (0.8%).
  • Net income of 4,769,876,000 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 2,046,272,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp4.77 Billion +1.46%
Other Comprehensive Income Rp-2.05 Billion -0.63%
Other Changes Rp-1.00K -0.0%
Total Change Rp- 0.84%

Book Value vs Market Value Analysis

This analysis compares Asuransi Jasa Tania 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: 0.80x
  • 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 1.29x to 0.80x 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 Rp144.87 Rp187.00 x
2013-12-31 Rp144.41 Rp187.00 x
2014-12-31 Rp254.68 Rp187.00 x
2015-12-31 Rp277.03 Rp187.00 x
2016-12-31 Rp305.88 Rp187.00 x
2017-12-31 Rp352.41 Rp187.00 x
2018-12-31 Rp366.04 Rp187.00 x
2019-12-31 Rp267.11 Rp187.00 x
2020-12-31 Rp267.33 Rp187.00 x
2021-12-31 Rp342.62 Rp187.00 x
2022-12-31 Rp353.05 Rp187.00 x
2023-12-31 Rp231.70 Rp187.00 x
2024-12-31 Rp233.64 Rp187.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Asuransi Jasa Tania 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): 1.46%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.50%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 1.37x
  • Recent ROE (1.46%) is below the historical average (6.95%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 4.24% 4.40% 0.55x 1.77x Rp-5.22 Billion
2009 9.21% 9.39% 0.55x 1.78x Rp-794.63 Million
2010 11.36% 10.33% 0.64x 1.73x Rp1.44 Billion
2011 15.24% 10.12% 0.74x 2.03x Rp4.19 Billion
2012 14.34% 6.94% 0.95x 2.18x Rp3.77 Billion
2013 6.53% 2.39% 1.17x 2.33x Rp-3.01 Billion
2014 11.55% 8.34% 0.67x 2.06x Rp2.37 Billion
2015 10.72% 8.09% 0.56x 2.35x Rp1.19 Billion
2016 12.91% 11.43% 0.49x 2.33x Rp5.35 Billion
2017 10.72% 12.27% 0.41x 2.11x Rp1.53 Billion
2018 11.39% 13.01% 0.40x 2.18x Rp3.06 Billion
2019 0.58% 0.76% 0.46x 1.68x Rp-19.71 Billion
2020 -3.71% -6.81% 0.35x 1.56x Rp-28.72 Billion
2021 0.11% 0.29% 0.28x 1.40x Rp-30.50 Billion
2022 0.18% 0.58% 0.24x 1.31x Rp-31.21 Billion
2023 1.24% 3.20% 0.29x 1.32x Rp-28.42 Billion
2024 1.46% 3.50% 0.30x 1.37x Rp-27.94 Billion

Industry Comparison

This section compares Asuransi Jasa Tania Tbk's net assets metrics with peer companies in the Insurance - Property & Casualty industry.

Industry Context

  • Industry: Insurance - Property & Casualty
  • Average net assets among peers: $194,129,076,819
  • Average return on equity (ROE) among peers: 1.05%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Asuransi Jasa Tania Tbk (ASJT) Rp316.31 Billion 4.24% 0.81x $3.64 Million
Asuransi Bina Dana Arta Tbk (ABDA) $75.97 Billion 0.00% 1.50x $289.97K
Asuransi Harta Aman Pratama Tbk PT (AHAP) $192.58 Billion -21.36% 0.74x $7.86 Million
Asuransi Multi Artha Guna Tbk PT (AMAG) $154.57 Billion 8.85% 0.87x $14.52 Million
Asuransi Kresna Mitra Tbk PT (ASMI) $530.29 Billion 1.77% 0.84x $6.84 Million
Asuransi Ramayana Tbk (ASRM) $59.24 Billion 12.44% 1.24x $6.17 Million
Victoria Insurance Tbk PT (VINS) $152.11 Billion 4.61% 0.33x $2.75 Million