Bhakti Agung Propertindo (BAPI) - Net Assets
Based on the latest financial reports, Bhakti Agung Propertindo (BAPI) has net assets worth Rp397.52 Billion IDR (≈ $23.29 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp690.18 Billion ≈ $40.44 Million USD) and total liabilities (Rp292.66 Billion ≈ $17.15 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 strategic asset allocation of Bhakti Agung Propertindo to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp397.52 Billion |
| % of Total Assets | 57.6% |
| Annual Growth Rate | 55.91% |
| 5-Year Change | -6.87% |
| 10-Year Change | N/A |
| Growth Volatility | 1438.55 |
Bhakti Agung Propertindo - Net Assets Trend (2016–2025)
This chart illustrates how Bhakti Agung Propertindo's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Bhakti Agung Propertindo.
Annual Net Assets for Bhakti Agung Propertindo (2016–2025)
The table below shows the annual net assets of Bhakti Agung Propertindo from 2016 to 2025. Also explore how fast is Bhakti Agung Propertindo growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp398.35 Billion ≈ $23.34 Million |
-5.39% |
| 2024-12-31 | Rp421.05 Billion ≈ $24.67 Million |
-1.26% |
| 2023-12-31 | Rp426.41 Billion ≈ $24.99 Million |
-0.31% |
| 2022-12-31 | Rp427.74 Billion ≈ $25.06 Million |
0.00% |
| 2021-12-31 | Rp427.74 Billion ≈ $25.06 Million |
-0.23% |
| 2020-12-31 | Rp428.73 Billion ≈ $25.12 Million |
-0.57% |
| 2019-12-31 | Rp431.20 Billion ≈ $25.27 Million |
+4580.30% |
| 2018-12-31 | Rp9.21 Billion ≈ $539.85K |
-15.04% |
| 2017-12-31 | Rp10.84 Billion ≈ $635.42K |
+48.15% |
| 2016-12-31 | Rp7.32 Billion ≈ $428.90K |
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Equity Component Analysis
This analysis shows how different components contribute to Bhakti Agung Propertindo'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 3882374900700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp279.60 Billion | 70.19% |
| Other Comprehensive Income | Rp-2.37 Million | 0.00% |
| Other Components | Rp160.25 Billion | 40.23% |
| Total Equity | Rp398.35 Billion | 100.00% |
Bhakti Agung Propertindo Competitors by Market Cap
The table below lists competitors of Bhakti Agung Propertindo ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kerlink SAS
PA:ALKLK
|
$6.89 Million |
|
Keybridge Capital Ltd
AU:KBC
|
$6.90 Million |
|
Nutritional Growth Solutions Ltd
AU:NGS
|
$6.90 Million |
|
Pescanova SA
MC:PVA
|
$6.90 Million |
|
Pure Energy Minerals Ltd
V:PE
|
$6.88 Million |
|
Fly Play hf.
IC:PLAY
|
$6.88 Million |
|
Nictus
JSE:NCS
|
$6.87 Million |
|
Media Lab SpA
PA:MLLAB
|
$6.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bhakti Agung Propertindo's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 421,045,915,000 to 398,349,897,000, a change of -22,696,018,000 (-5.4%).
- Net loss of 22,661,228,000 reduced equity.
- Other comprehensive income decreased equity by 34,789,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-22.66 Billion | -5.69% |
| Other Comprehensive Income | Rp-34.79 Million | -0.01% |
| Other Changes | Rp-1.00K | -0.0% |
| Total Change | Rp- | -5.39% |
Book Value vs Market Value Analysis
This analysis compares Bhakti Agung Propertindo'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: 0.29x
- 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 16.04x to 0.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp1.31 | Rp21.00 | x |
| 2017-12-31 | Rp1.94 | Rp21.00 | x |
| 2018-12-31 | Rp1.65 | Rp21.00 | x |
| 2019-12-31 | Rp77.11 | Rp21.00 | x |
| 2020-12-31 | Rp76.67 | Rp21.00 | x |
| 2021-12-31 | Rp76.50 | Rp21.00 | x |
| 2022-12-31 | Rp76.49 | Rp21.00 | x |
| 2023-12-31 | Rp76.26 | Rp21.00 | x |
| 2024-12-31 | Rp75.30 | Rp21.00 | x |
| 2025-12-31 | Rp71.24 | Rp21.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bhakti Agung Propertindo 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): -5.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1427.03%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.72x
- Recent ROE (-5.69%) is below the historical average (-5.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -25.39% | 0.00% | 0.00x | 1.92x | Rp-2.59 Billion |
| 2017 | -22.77% | 0.00% | 0.00x | 16.43x | Rp-3.55 Billion |
| 2018 | 1.53% | 2.38% | 0.02x | 29.97x | Rp-780.38 Million |
| 2019 | -0.42% | -9.99% | 0.03x | 1.40x | Rp-44.94 Billion |
| 2020 | -0.57% | -18.51% | 0.02x | 1.46x | Rp-45.33 Billion |
| 2021 | -0.24% | -20.36% | 0.01x | 1.52x | Rp-43.79 Billion |
| 2022 | -0.02% | -0.89% | 0.02x | 1.55x | Rp-42.87 Billion |
| 2023 | -0.31% | -60.23% | 0.00x | 1.58x | Rp-43.96 Billion |
| 2024 | -1.27% | -269.99% | 0.00x | 1.63x | Rp-47.46 Billion |
| 2025 | -5.69% | -1427.03% | 0.00x | 1.72x | Rp-62.50 Billion |
Industry Comparison
This section compares Bhakti Agung Propertindo's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,966,788,955,342
- Average return on equity (ROE) among peers: 6.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bhakti Agung Propertindo (BAPI) | Rp397.52 Billion | -25.39% | 0.74x | $6.88 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $1.20 Trillion | 5.38% | 1.11x | $65.11 Million |
| Makmur Berkah Amanda Pt (AMAN) | $366.25 Billion | 23.66% | 0.22x | $49.03 Million |
| Agung Podomoro Land Tbk (APLN) | $4.13 Trillion | 5.85% | 0.83x | $158.28 Million |
| Alam Sutera Realty Tbk (ASRI) | $2.79 Trillion | 21.63% | 1.16x | $139.32 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $125.80 Billion | -2.27% | 0.07x | $4.58 Million |
| Bumi Citra Permai Tbk (BCIP) | $192.63 Billion | 4.97% | 0.77x | $4.94 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $695.65 Billion | -3.52% | 2.41x | $1.91 Million |
| Sentul City Tbk (BKSL) | $15.15 Trillion | 0.11% | 0.40x | $1.34 Million |
| Bumi Serpong Damai Tbk (BSDE) | $38.05 Trillion | 6.40% | 0.71x | $704.63 Million |
About Bhakti Agung Propertindo
PT Bhakti Agung Propertindo Tbk engages in the property and real estate development and construction business in Indonesia. The company was formerly known as PT Paku Bumi Sejahtera and changed its name to PT Bhakti Agung Propertindo Tbk in June 2015. PT Bhakti Agung Propertindo Tbk was incorporated in 2012 and is headquartered in Tangerang, Indonesia.