Andalan Sakti Primaindo PT
PT Andalan Sakti Primaindo Tbk engages in the real estate business in Indonesia. The company develops and sells houses, shop houses, apartments, and other related property and land. It also leases real estate properties; offers real estate services; and act as an agent or intermediary in the sale or purchase of real estate. The company was founded in 2012 and is based in Jakarta Selatan, Indonesi… Read more
Andalan Sakti Primaindo PT (ASPI) - Net Assets
Latest net assets as of September 2025: Rp70.97 Billion IDR
Based on the latest financial reports, Andalan Sakti Primaindo PT (ASPI) has net assets worth Rp70.97 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 (Rp101.73 Billion) and total liabilities (Rp30.76 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 | Rp70.97 Billion |
| % of Total Assets | 69.76% |
| Annual Growth Rate | 10.14% |
| 5-Year Change | 3.21% |
| 10-Year Change | N/A |
| Growth Volatility | 175.24 |
Andalan Sakti Primaindo PT - Net Assets Trend (2017–2024)
This chart illustrates how Andalan Sakti Primaindo 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 Andalan Sakti Primaindo PT (2017–2024)
The table below shows the annual net assets of Andalan Sakti Primaindo PT from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp72.83 Billion | +2.78% |
| 2023-12-31 | Rp70.86 Billion | +1.11% |
| 2022-12-31 | Rp70.08 Billion | -3.92% |
| 2021-12-31 | Rp72.94 Billion | +3.37% |
| 2020-12-31 | Rp70.56 Billion | +486.20% |
| 2019-12-31 | Rp12.04 Billion | +18.13% |
| 2018-12-31 | Rp10.19 Billion | -72.49% |
| 2017-12-31 | Rp37.04 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Andalan Sakti Primaindo 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 129.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp68.38 Billion | 111.24% |
| Other Comprehensive Income | Rp45.34 Million | 0.07% |
| Other Components | Rp2.03 Billion | 3.31% |
| Total Equity | Rp61.47 Billion | 100.00% |
Andalan Sakti Primaindo PT Competitors by Market Cap
The table below lists competitors of Andalan Sakti Primaindo PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
D P Wires Limited
NSE:DPWIRES
|
$5.42 Million |
|
Titan Logix Corp
PINK:TPCFF
|
$5.42 Million |
|
Menivim The New REIT Ltd
TA:MNRT
|
$5.42 Million |
|
Venteny Fortuna International
JK:VTNY
|
$5.42 Million |
|
M Vest Water A/S
OL:MVW
|
$5.42 Million |
|
Bumi Benowo Sukses Sejahtera Pt
JK:BBSS
|
$5.41 Million |
|
TFLM
OTCQB:TFLM
|
$5.41 Million |
|
Sono Group N.V.
OTCQB:SEVCF
|
$5.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Andalan Sakti Primaindo PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 60,711,768,000 to 61,473,804,000, a change of 762,036,000 (1.3%).
- Net income of 859,276,140 contributed positively to equity growth.
- Other comprehensive income decreased equity by 97,240,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp859.28 Million | +1.4% |
| Other Comprehensive Income | Rp-97.24 Million | -0.16% |
| Other Changes | Rp-140.00 | -0.0% |
| Total Change | Rp- | 1.26% |
Book Value vs Market Value Analysis
This analysis compares Andalan Sakti Primaindo 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: 2.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 2.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Rp18417229699.73 | Rp264.00 | x |
| 2018-12-31 | Rp12414904689.56 | Rp264.00 | x |
| 2019-12-31 | Rp105.23 | Rp264.00 | x |
| 2020-12-31 | Rp97.09 | Rp264.00 | x |
| 2021-12-31 | Rp95.75 | Rp264.00 | x |
| 2022-12-31 | Rp91.79 | Rp264.00 | x |
| 2023-12-31 | Rp88.83 | Rp264.00 | x |
| 2024-12-31 | Rp89.90 | Rp264.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Andalan Sakti Primaindo 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): 1.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.18%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.59x
- Recent ROE (1.40%) is above the historical average (-1.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.49% | -23.30% | 0.11x | 1.00x | Rp-8.37 Billion |
| 2018 | 4.93% | 6.11% | 0.81x | 1.00x | Rp-2.29 Billion |
| 2019 | -6.58% | -29.56% | 0.17x | 1.34x | Rp-5.82 Billion |
| 2020 | -3.65% | -124.07% | 0.02x | 1.51x | Rp-9.02 Billion |
| 2021 | -1.07% | -11.44% | 0.06x | 1.60x | Rp-7.23 Billion |
| 2022 | -4.65% | -29.63% | 0.11x | 1.46x | Rp-9.17 Billion |
| 2023 | -3.49% | -25.26% | 0.09x | 1.57x | Rp-8.19 Billion |
| 2024 | 1.40% | 2.18% | 0.40x | 1.59x | Rp-5.29 Billion |
Industry Comparison
This section compares Andalan Sakti Primaindo PT's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $35,445,553,212
- Average return on equity (ROE) among peers: 0.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Andalan Sakti Primaindo PT (ASPI) | Rp70.97 Billion | -2.49% | 0.43x | $5.42 Million |
| Trimitra Prawara Goldland Tbk Pt (ATAP) | $79.59 Billion | 0.20% | 0.43x | $13.60 Million |
| Karya Bersama Anugerah Pt (KBAG) | $-8.70 Billion | 0.00% | 0.00x | $7.35 Million |