Alam Sutera Realty Tbk (ASRI) - Net Assets
Based on the latest financial reports, Alam Sutera Realty Tbk (ASRI) has net assets worth Rp11.65 Trillion IDR (≈ $682.93 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 (Rp23.16 Trillion ≈ $1.36 Billion USD) and total liabilities (Rp11.50 Trillion ≈ $674.03 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 ASRI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp11.65 Trillion |
| % of Total Assets | 50.33% |
| Annual Growth Rate | 11.27% |
| 5-Year Change | 22.22% |
| 10-Year Change | 62.15% |
| Growth Volatility | 16.16 |
Alam Sutera Realty Tbk - Net Assets Trend (2007–2025)
This chart illustrates how Alam Sutera Realty Tbk's net assets have evolved over time, based on quarterly financial data. Also explore ASRI total assets for the complete picture of this company's asset base.
Annual Net Assets for Alam Sutera Realty Tbk (2007–2025)
The table below shows the annual net assets of Alam Sutera Realty Tbk from 2007 to 2025. For live valuation and market cap data, see market cap of Alam Sutera Realty Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp11.65 Trillion ≈ $682.93 Million |
+2.82% |
| 2024-12-31 | Rp11.34 Trillion ≈ $664.23 Million |
+0.57% |
| 2023-12-31 | Rp11.27 Trillion ≈ $660.45 Million |
+5.91% |
| 2022-12-31 | Rp10.64 Trillion ≈ $623.62 Million |
+11.60% |
| 2021-12-31 | Rp9.54 Trillion ≈ $558.78 Million |
+1.60% |
| 2020-12-31 | Rp9.39 Trillion ≈ $549.99 Million |
-11.13% |
| 2019-12-31 | Rp10.56 Trillion ≈ $618.90 Million |
+10.58% |
| 2018-12-31 | Rp9.55 Trillion ≈ $559.67 Million |
+11.42% |
| 2017-12-31 | Rp8.57 Trillion ≈ $502.33 Million |
+19.27% |
| 2016-12-31 | Rp7.19 Trillion ≈ $421.18 Million |
+8.87% |
| 2015-12-31 | Rp6.60 Trillion ≈ $386.87 Million |
+3.63% |
| 2014-12-31 | Rp6.37 Trillion ≈ $373.33 Million |
+19.49% |
| 2013-12-31 | Rp5.33 Trillion ≈ $312.42 Million |
+12.68% |
| 2012-12-31 | Rp4.73 Trillion ≈ $277.27 Million |
+69.79% |
| 2011-12-31 | Rp2.79 Trillion ≈ $163.30 Million |
+25.74% |
| 2010-12-31 | Rp2.22 Trillion ≈ $129.87 Million |
+14.54% |
| 2009-12-31 | Rp1.94 Trillion ≈ $113.39 Million |
+9.80% |
| 2008-12-31 | Rp1.76 Trillion ≈ $103.27 Million |
+3.46% |
| 2007-12-31 | Rp1.70 Trillion ≈ $99.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Alam Sutera Realty 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 53413.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp8.97 Trillion | 77.84% |
| Common Stock | Rp1.96 Trillion | 17.04% |
| Other Components | Rp589.87 Billion | 5.12% |
| Total Equity | Rp11.53 Trillion | 100.00% |
Alam Sutera Realty Tbk Competitors by Market Cap
The table below lists competitors of Alam Sutera Realty Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asara Resources Ltd
AU:AS1
|
$153.14 Million |
|
SMC Global Securities Limited
NSE:SMCGLOBAL
|
$153.20 Million |
|
Hirequest Inc
NASDAQ:HQI
|
$153.27 Million |
|
Bank Windu Kentjana Int
JK:MCOR
|
$153.31 Million |
|
Cash Converters International
AU:CCV
|
$153.12 Million |
|
Amadeus Fire AG
XETRA:AAD
|
$153.05 Million |
|
Tachan Securities Co Ltd
TWO:6020
|
$153.05 Million |
|
One Point One Solutions Limited
NSE:ONEPOINT
|
$153.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alam Sutera Realty Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,214,535,566,000 to 11,528,254,467,000, a change of 313,718,901,000 (2.8%).
- Net income of 313,183,580,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 12,000,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp313.18 Billion | +2.72% |
| Other Comprehensive Income | Rp-12.00 Billion | -0.1% |
| Other Changes | Rp12.54 Billion | +0.11% |
| Total Change | Rp- | 2.80% |
Book Value vs Market Value Analysis
This analysis compares Alam Sutera Realty 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: 0.23x
- 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 1.10x to 0.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp120.94 | Rp133.00 | x |
| 2008-12-31 | Rp102.45 | Rp133.00 | x |
| 2009-12-31 | Rp111.78 | Rp133.00 | x |
| 2010-12-31 | Rp123.62 | Rp133.00 | x |
| 2011-12-31 | Rp153.28 | Rp133.00 | x |
| 2012-12-31 | Rp234.36 | Rp133.00 | x |
| 2013-12-31 | Rp262.51 | Rp133.00 | x |
| 2014-12-31 | Rp311.36 | Rp133.00 | x |
| 2015-12-31 | Rp328.48 | Rp133.00 | x |
| 2016-12-31 | Rp360.45 | Rp133.00 | x |
| 2017-12-31 | Rp430.82 | Rp133.00 | x |
| 2018-12-31 | Rp480.60 | Rp133.00 | x |
| 2019-12-31 | Rp531.98 | Rp133.00 | x |
| 2020-12-31 | Rp472.62 | Rp133.00 | x |
| 2021-12-31 | Rp480.38 | Rp133.00 | x |
| 2022-12-31 | Rp535.64 | Rp133.00 | x |
| 2023-12-31 | Rp567.89 | Rp133.00 | x |
| 2024-12-31 | Rp570.73 | Rp133.00 | x |
| 2025-12-31 | Rp586.70 | Rp133.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alam Sutera Realty 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): 2.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.67%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.01x
- Recent ROE (2.72%) is below the historical average (8.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 1.20% | 6.60% | 0.10x | 1.75x | Rp-149.28 Billion |
| 2008 | 3.36% | 13.53% | 0.14x | 1.74x | Rp-116.59 Billion |
| 2009 | 4.89% | 23.33% | 0.11x | 1.85x | Rp-98.56 Billion |
| 2010 | 13.17% | 38.01% | 0.17x | 2.08x | Rp70.06 Billion |
| 2011 | 22.01% | 43.64% | 0.23x | 2.19x | Rp328.94 Billion |
| 2012 | 26.11% | 48.75% | 0.22x | 2.40x | Rp735.89 Billion |
| 2013 | 17.00% | 23.80% | 0.26x | 2.80x | Rp360.97 Billion |
| 2014 | 17.94% | 30.22% | 0.21x | 2.77x | Rp485.61 Billion |
| 2015 | 9.24% | 21.43% | 0.15x | 2.90x | Rp-48.93 Billion |
| 2016 | 7.18% | 18.73% | 0.13x | 2.85x | Rp-199.49 Billion |
| 2017 | 16.30% | 35.23% | 0.19x | 2.45x | Rp533.44 Billion |
| 2018 | 10.27% | 24.40% | 0.19x | 2.21x | Rp25.75 Billion |
| 2019 | 9.68% | 29.11% | 0.16x | 2.09x | Rp-33.68 Billion |
| 2020 | -11.16% | -73.35% | 0.07x | 2.29x | Rp-1.97 Trillion |
| 2021 | 1.54% | 5.12% | 0.13x | 2.32x | Rp-798.23 Billion |
| 2022 | 10.32% | 24.17% | 0.20x | 2.12x | Rp33.61 Billion |
| 2023 | 5.67% | 15.98% | 0.18x | 1.99x | Rp-483.55 Billion |
| 2024 | 0.49% | 1.61% | 0.16x | 1.96x | Rp-1.07 Trillion |
| 2025 | 2.72% | 10.67% | 0.13x | 2.01x | Rp-839.64 Billion |
Industry Comparison
This section compares Alam Sutera Realty Tbk's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $3,118,528,744,189
- Average return on equity (ROE) among peers: 4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alam Sutera Realty Tbk (ASRI) | Rp11.65 Trillion | 1.20% | 0.99x | $153.13 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.46 Trillion | 4.27% | 1.57x | $66.41 Million |
| Makmur Berkah Amanda Pt (AMAN) | $766.24 Billion | 7.66% | 0.74x | $58.10 Million |
| Agung Podomoro Land Tbk (APLN) | $13.45 Trillion | 8.05% | 1.11x | $279.32 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $92.50 Billion | 5.43% | 0.90x | $9.23 Million |
| Bhakti Agung Propertindo (BAPI) | $9.21 Billion | 1.53% | 28.97x | $9.50 Million |
| Bumi Citra Permai Tbk (BCIP) | $305.36 Billion | 16.14% | 1.58x | $5.53 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $-344.95 Billion | 0.00% | 0.00x | $1.91 Million |
| Sentul City Tbk (BKSL) | $10.25 Trillion | -5.43% | 0.79x | $2.22 Million |
| Bumi Serpong Damai Tbk (BSDE) | $1.08 Trillion | 0.00% | 1.83x | $943.59 Million |
About Alam Sutera Realty Tbk
PT Alam Sutera Realty Tbk operates as a property development company in Indonesia. The company engages in the construction and management of residential and commercial areas, as well as industrial areas, shopping centers, leisure centers, and hospitality. It is also involved in the provision of building management, consultancy, and investment, as well as business, money lending, and support servi… Read more