Asuransi Kresna Mitra Tbk PT
PT Asuransi Maximus Graha Persada Tbk engages in the general insurance and reinsurance business in Indonesia. The company offers motor vehicle, fire, health, marine cargo, money, and engineering insurance products; and sharia insurance products. It also offers miscellaneous insurance products comprising burglary, earthquake, personal accident, movable property, workmen's compensation, comprehensi… Read more
Asuransi Kresna Mitra Tbk PT (ASMI) - Net Assets
Latest net assets as of September 2025: Rp393.32 Billion IDR
Based on the latest financial reports, Asuransi Kresna Mitra Tbk PT (ASMI) has net assets worth Rp393.32 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.44 Trillion) and total liabilities (Rp1.05 Trillion). 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 | Rp393.32 Billion |
| % of Total Assets | 27.33% |
| Annual Growth Rate | 18.79% |
| 5-Year Change | -11.83% |
| 10-Year Change | 73.58% |
| Growth Volatility | 56.27 |
Asuransi Kresna Mitra Tbk PT - Net Assets Trend (2011–2024)
This chart illustrates how Asuransi Kresna Mitra Tbk PT'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 Kresna Mitra Tbk PT (2011–2024)
The table below shows the annual net assets of Asuransi Kresna Mitra Tbk PT from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp390.97 Billion | +1.44% |
| 2023-12-31 | Rp385.44 Billion | +2.25% |
| 2022-12-31 | Rp376.95 Billion | -18.56% |
| 2021-12-31 | Rp462.88 Billion | +4.38% |
| 2020-12-31 | Rp443.45 Billion | -16.38% |
| 2019-12-31 | Rp530.29 Billion | +2.06% |
| 2018-12-31 | Rp519.59 Billion | +14.20% |
| 2017-12-31 | Rp454.97 Billion | +68.74% |
| 2016-12-31 | Rp269.63 Billion | +19.71% |
| 2015-12-31 | Rp225.24 Billion | +11.57% |
| 2014-12-31 | Rp201.89 Billion | +47.99% |
| 2013-12-31 | Rp136.43 Billion | +7.28% |
| 2012-12-31 | Rp127.17 Billion | +205.27% |
| 2011-12-31 | Rp41.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asuransi Kresna Mitra 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 145.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp85.22 Billion | 21.80% |
| Common Stock | Rp179.17 Billion | 45.83% |
| Other Comprehensive Income | Rp-37.55 Million | -0.01% |
| Other Components | Rp126.63 Billion | 32.39% |
| Total Equity | Rp390.97 Billion | 100.00% |
Asuransi Kresna Mitra Tbk PT Competitors by Market Cap
The table below lists competitors of Asuransi Kresna Mitra Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nuburu Inc
PINK:BURUW
|
$6.85 Million |
|
Luzhou Xinglu Water (Group) Co., Ltd.
F:2LX
|
$6.85 Million |
|
Woojin I&S Co Ltd
KO:010400
|
$6.85 Million |
|
Avenira Ltd
AU:AEV
|
$6.85 Million |
|
Reef Casino Trust
AU:RCT
|
$6.84 Million |
|
Adbiotech Co. Ltd.
KQ:179530
|
$6.84 Million |
|
Naphtha
TA:NFTA
|
$6.84 Million |
|
AI/ML Innovations Inc
OTCQB:AIMLF
|
$6.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asuransi Kresna Mitra Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 385,442,025,000 to 390,973,640,000, a change of 5,531,615,000 (1.4%).
- Net income of 7,077,123,622 contributed positively to equity growth.
- Other comprehensive income decreased equity by 29,091,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp7.08 Billion | +1.81% |
| Other Comprehensive Income | Rp-29.09 Million | -0.01% |
| Other Changes | Rp-1.52 Billion | -0.39% |
| Total Change | Rp- | 1.44% |
Book Value vs Market Value Analysis
This analysis compares Asuransi Kresna Mitra 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: 0.41x
- 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 0.88x to 0.41x 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 | Rp20.35 | Rp18.00 | x |
| 2013-12-31 | Rp21.83 | Rp18.00 | x |
| 2014-12-31 | Rp27.09 | Rp18.00 | x |
| 2015-12-31 | Rp28.91 | Rp18.00 | x |
| 2016-12-31 | Rp33.60 | Rp18.00 | x |
| 2017-12-31 | Rp60.42 | Rp18.00 | x |
| 2018-12-31 | Rp66.98 | Rp18.00 | x |
| 2019-12-31 | Rp66.21 | Rp18.00 | x |
| 2020-12-31 | Rp49.50 | Rp18.00 | x |
| 2021-12-31 | Rp51.67 | Rp18.00 | x |
| 2022-12-31 | Rp42.08 | Rp18.00 | x |
| 2023-12-31 | Rp43.03 | Rp18.00 | x |
| 2024-12-31 | Rp43.64 | Rp18.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asuransi Kresna Mitra 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): 1.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.71%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.84x
- Recent ROE (1.81%) is below the historical average (3.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.70% | 14.33% | 0.46x | 2.69x | Rp9.79 Billion |
| 2013 | 6.78% | 4.78% | 0.50x | 2.84x | Rp-4.39 Billion |
| 2014 | 12.02% | 8.88% | 0.53x | 2.55x | Rp4.09 Billion |
| 2015 | 4.07% | 3.92% | 0.44x | 2.33x | Rp-13.35 Billion |
| 2016 | 15.49% | 18.07% | 0.44x | 1.97x | Rp14.79 Billion |
| 2017 | 11.59% | 21.35% | 0.34x | 1.62x | Rp7.25 Billion |
| 2018 | 13.45% | 26.86% | 0.31x | 1.61x | Rp17.94 Billion |
| 2019 | 1.77% | 4.11% | 0.23x | 1.84x | Rp-43.62 Billion |
| 2020 | -19.96% | -41.16% | 0.22x | 2.23x | Rp-132.87 Billion |
| 2021 | 4.22% | 6.07% | 0.33x | 2.12x | Rp-26.74 Billion |
| 2022 | -22.90% | -30.02% | 0.27x | 2.82x | Rp-124.03 Billion |
| 2023 | 1.96% | 1.78% | 0.44x | 2.49x | Rp-30.98 Billion |
| 2024 | 1.81% | 1.71% | 0.37x | 2.84x | Rp-32.02 Billion |
Industry Comparison
This section compares Asuransi Kresna Mitra Tbk PT's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $134,916,971,494
- Average return on equity (ROE) among peers: 1.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asuransi Kresna Mitra Tbk PT (ASMI) | Rp393.32 Billion | 17.70% | 2.66x | $6.84 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 Jasa Tania Tbk (ASJT) | $175.02 Billion | 7.12% | 0.08x | $3.64 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 |