Trimitra Prawara Goldland Tbk Pt (ATAP) - Net Assets
Based on the latest financial reports, Trimitra Prawara Goldland Tbk Pt (ATAP) has net assets worth Rp75.80 Billion IDR (≈ $4.44 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp102.86 Billion ≈ $6.03 Million USD) and total liabilities (Rp27.06 Billion ≈ $1.59 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 Trimitra Prawara Goldland Tbk Pt liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp75.80 Billion |
| % of Total Assets | 73.69% |
| Annual Growth Rate | 27.21% |
| 5-Year Change | 6.05% |
| 10-Year Change | N/A |
| Growth Volatility | 36.8 |
Trimitra Prawara Goldland Tbk Pt - Net Assets Trend (2017–2024)
This chart illustrates how Trimitra Prawara Goldland Tbk Pt's net assets have evolved over time, based on quarterly financial data. Also explore ATAP current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Trimitra Prawara Goldland Tbk Pt (2017–2024)
The table below shows the annual net assets of Trimitra Prawara Goldland Tbk Pt from 2017 to 2024. For live valuation and market cap data, see market value of Trimitra Prawara Goldland Tbk Pt.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp77.65 Billion ≈ $4.55 Million |
-2.43% |
| 2023-12-31 | Rp79.59 Billion ≈ $4.66 Million |
-0.04% |
| 2022-12-31 | Rp79.62 Billion ≈ $4.67 Million |
+1.69% |
| 2021-12-31 | Rp78.29 Billion ≈ $4.59 Million |
+6.92% |
| 2020-12-31 | Rp73.23 Billion ≈ $4.29 Million |
+54.07% |
| 2019-12-31 | Rp47.53 Billion ≈ $2.78 Million |
+71.08% |
| 2018-12-31 | Rp27.78 Billion ≈ $1.63 Million |
+92.88% |
| 2017-12-31 | Rp14.40 Billion ≈ $843.96K |
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Equity Component Analysis
This analysis shows how different components contribute to Trimitra Prawara Goldland 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 669.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp14.68 Billion | 18.91% |
| Common Stock | Rp50.00 Billion | 64.39% |
| Other Comprehensive Income | Rp744.90 Million | 0.96% |
| Other Components | Rp12.23 Billion | 15.75% |
| Total Equity | Rp77.65 Billion | 100.00% |
Trimitra Prawara Goldland Tbk Pt Competitors by Market Cap
The table below lists competitors of Trimitra Prawara Goldland Tbk Pt ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duro Felguera
MC:MDF
|
$37.01 Million |
|
Home Capital Rentals SOCIMI S.A.
MC:YHCR
|
$37.02 Million |
|
Artea SA
PA:ARTE
|
$37.03 Million |
|
Phoenix Materials Co. Ltd
KQ:050090
|
$37.03 Million |
|
Yeong Hwa Meta
KO:012280
|
$36.99 Million |
|
PT Sarimelati Kencana Tbk
JK:PZZA
|
$36.98 Million |
|
Mundial S.A. - Produtos de Consumo
SA:MNDL3
|
$36.98 Million |
|
Urbanfund Corp
V:UFC
|
$36.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trimitra Prawara Goldland Tbk Pt's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 79,590,309,133 to 77,654,922,758, a change of -1,935,386,375 (-2.4%).
- Net loss of 2,109,329,000 reduced equity.
- Other comprehensive income increased equity by 673,942,906.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-2.11 Billion | -2.72% |
| Other Comprehensive Income | Rp673.94 Million | +0.87% |
| Other Changes | Rp-500.00 Million | -0.64% |
| Total Change | Rp- | -2.43% |
Book Value vs Market Value Analysis
This analysis compares Trimitra Prawara Goldland 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: 8.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 43.83x to 8.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Rp11.52 | Rp505.00 | x |
| 2018-12-31 | Rp22.22 | Rp505.00 | x |
| 2019-12-31 | Rp38.02 | Rp505.00 | x |
| 2020-12-31 | Rp58.58 | Rp505.00 | x |
| 2021-12-31 | Rp62.63 | Rp505.00 | x |
| 2022-12-31 | Rp63.69 | Rp505.00 | x |
| 2023-12-31 | Rp63.67 | Rp505.00 | x |
| 2024-12-31 | Rp62.12 | Rp505.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trimitra Prawara Goldland 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): -2.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.86%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.38x
- Recent ROE (-2.72%) is below the historical average (18.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 46.62% | 15.07% | 0.79x | 3.90x | Rp5.27 Billion |
| 2018 | 48.11% | 17.83% | 1.09x | 2.49x | Rp10.59 Billion |
| 2019 | 41.55% | 21.10% | 1.04x | 1.89x | Rp14.99 Billion |
| 2020 | 4.63% | 8.41% | 0.40x | 1.37x | Rp-3.93 Billion |
| 2021 | 7.06% | 10.04% | 0.60x | 1.18x | Rp-2.31 Billion |
| 2022 | 2.70% | 5.06% | 0.37x | 1.45x | Rp-5.81 Billion |
| 2023 | 0.20% | 0.69% | 0.21x | 1.43x | Rp-7.80 Billion |
| 2024 | -2.72% | -14.86% | 0.13x | 1.38x | Rp-9.87 Billion |
Industry Comparison
This section compares Trimitra Prawara Goldland Tbk Pt's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $1,669,170,638
- Average return on equity (ROE) among peers: -9.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trimitra Prawara Goldland Tbk Pt (ATAP) | Rp75.80 Billion | 46.62% | 0.36x | $36.99 Million |
| Andalan Sakti Primaindo PT (ASPI) | $12.04 Billion | -19.19% | 2.91x | $15.07 Million |
| Karya Bersama Anugerah Pt (KBAG) | $-8.70 Billion | 0.00% | 0.00x | $21.79 Million |
About Trimitra Prawara Goldland Tbk Pt
PT Trimitra Prawara Goldland Tbk engages in the property development business in Indonesia. It develops residential and commercial properties. PT Trimitra Prawara Goldland Tbk was founded in 2015 and is based in Jakarta Selatan, Indonesia.