Bank Tabungan Negara Persero (BBTN) - Net Assets
Based on the latest financial reports, Bank Tabungan Negara Persero (BBTN) has net assets worth Rp36.77 Trillion IDR (≈ $2.15 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp517.54 Trillion ≈ $30.33 Billion USD) and total liabilities (Rp480.77 Trillion ≈ $28.17 Billion 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 tangible net worth ratio of Bank Tabungan Negara Persero to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp36.77 Trillion |
| % of Total Assets | 7.1% |
| Annual Growth Rate | 17.03% |
| 5-Year Change | 69.15% |
| 10-Year Change | 89.28% |
| Growth Volatility | 18.96 |
Bank Tabungan Negara Persero - Net Assets Trend (2001–2025)
This chart illustrates how Bank Tabungan Negara Persero's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Bank Tabungan Negara Persero to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bank Tabungan Negara Persero (2001–2025)
The table below shows the annual net assets of Bank Tabungan Negara Persero from 2001 to 2025. For live valuation and market cap data, see market value of Bank Tabungan Negara Persero.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp36.21 Trillion ≈ $2.12 Billion |
+11.17% |
| 2024-12-31 | Rp32.57 Trillion ≈ $1.91 Billion |
+6.87% |
| 2023-12-31 | Rp30.48 Trillion ≈ $1.79 Billion |
+17.64% |
| 2022-12-31 | Rp25.91 Trillion ≈ $1.52 Billion |
+21.03% |
| 2021-12-31 | Rp21.41 Trillion ≈ $1.25 Billion |
+7.10% |
| 2020-12-31 | Rp19.99 Trillion ≈ $1.17 Billion |
-16.14% |
| 2019-12-31 | Rp23.84 Trillion ≈ $1.40 Billion |
-0.02% |
| 2018-12-31 | Rp23.84 Trillion ≈ $1.40 Billion |
+10.05% |
| 2017-12-31 | Rp21.66 Trillion ≈ $1.27 Billion |
+13.24% |
| 2016-12-31 | Rp19.13 Trillion ≈ $1.12 Billion |
+38.03% |
| 2015-12-31 | Rp13.86 Trillion ≈ $812.15 Million |
+13.55% |
| 2014-12-31 | Rp12.21 Trillion ≈ $715.25 Million |
+5.62% |
| 2013-12-31 | Rp11.56 Trillion ≈ $677.18 Million |
+12.43% |
| 2012-12-31 | Rp10.28 Trillion ≈ $602.30 Million |
+40.39% |
| 2011-12-31 | Rp7.32 Trillion ≈ $429.02 Million |
+13.56% |
| 2010-12-31 | Rp6.45 Trillion ≈ $377.78 Million |
+19.55% |
| 2009-12-31 | Rp5.39 Trillion ≈ $316.02 Million |
+75.19% |
| 2008-12-31 | Rp3.08 Trillion ≈ $180.39 Million |
+10.44% |
| 2007-12-31 | Rp2.79 Trillion ≈ $163.33 Million |
+58.35% |
| 2006-12-31 | Rp1.76 Trillion ≈ $103.15 Million |
+18.87% |
| 2005-12-31 | Rp1.48 Trillion ≈ $86.77 Million |
+22.16% |
| 2004-12-31 | Rp1.21 Trillion ≈ $71.03 Million |
+34.19% |
| 2003-12-31 | Rp903.37 Billion ≈ $52.93 Million |
+1.08% |
| 2002-12-31 | Rp893.68 Billion ≈ $52.37 Million |
+7.61% |
| 2001-12-31 | Rp830.46 Billion ≈ $48.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bank Tabungan Negara Persero'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 365789400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp3.66 Trillion | 10.10% |
| Common Stock | Rp7.02 Trillion | 19.38% |
| Other Comprehensive Income | Rp21.12 Trillion | 58.32% |
| Other Components | Rp4.42 Trillion | 12.20% |
| Total Equity | Rp36.21 Trillion | 100.00% |
Bank Tabungan Negara Persero Competitors by Market Cap
The table below lists competitors of Bank Tabungan Negara Persero ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu SOPO Chemical Co Ltd
SHG:600746
|
$1.06 Billion |
|
Henan Ancai Hi-tech Co Ltd
SHG:600207
|
$1.06 Billion |
|
Gunkul Engineering Public Company Limited
BK:GUNKUL
|
$1.06 Billion |
|
Metsa Board Oyj B
HE:METSB
|
$1.06 Billion |
|
Tandem Diabetes Care Inc
NASDAQ:TNDM
|
$1.06 Billion |
|
Sunflower Pharmaceuticals Group Co Ltd
SHE:002737
|
$1.06 Billion |
|
Jiangsu Seagull Cooling Tower
SHG:603269
|
$1.06 Billion |
|
Shunfa Hengye Corp
SHE:000631
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank Tabungan Negara Persero's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,571,889,000,000 to 36,210,275,000,000, a change of 3,638,386,000,000 (11.2%).
- Net income of 3,501,154,000,000 contributed positively to equity growth.
- Dividend payments of 751,833,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,144,561,000,000.
- Other factors decreased equity by 2,255,496,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp3.50 Trillion | +9.67% |
| Dividends Paid | Rp751.83 Billion | -2.08% |
| Other Comprehensive Income | Rp3.14 Trillion | +8.68% |
| Other Changes | Rp-2.26 Trillion | -6.23% |
| Total Change | Rp- | 11.17% |
Book Value vs Market Value Analysis
This analysis compares Bank Tabungan Negara Persero'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: 0.50x
- 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 8.89x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp145.14 | Rp1290.00 | x |
| 2006-12-31 | Rp172.52 | Rp1290.00 | x |
| 2007-12-31 | Rp273.18 | Rp1290.00 | x |
| 2008-12-31 | Rp413.77 | Rp1290.00 | x |
| 2009-12-31 | Rp714.70 | Rp1290.00 | x |
| 2010-12-31 | Rp627.54 | Rp1290.00 | x |
| 2011-12-31 | Rp714.25 | Rp1290.00 | x |
| 2012-12-31 | Rp985.88 | Rp1290.00 | x |
| 2013-12-31 | Rp974.43 | Rp1290.00 | x |
| 2014-12-31 | Rp1026.28 | Rp1290.00 | x |
| 2015-12-31 | Rp1164.56 | Rp1290.00 | x |
| 2016-12-31 | Rp1605.00 | Rp1290.00 | x |
| 2017-12-31 | Rp1817.36 | Rp1290.00 | x |
| 2018-12-31 | Rp1999.99 | Rp1290.00 | x |
| 2019-12-31 | Rp2170.22 | Rp1290.00 | x |
| 2020-12-31 | Rp1819.84 | Rp1290.00 | x |
| 2021-12-31 | Rp1949.02 | Rp1290.00 | x |
| 2022-12-31 | Rp2446.59 | Rp1290.00 | x |
| 2023-12-31 | Rp2171.74 | Rp1290.00 | x |
| 2024-12-31 | Rp2320.85 | Rp1290.00 | x |
| 2025-12-31 | Rp2580.10 | Rp1290.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank Tabungan Negara Persero 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): 9.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.88%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 14.58x
- Recent ROE (9.67%) is below the historical average (12.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 29.49% | 13.81% | 0.11x | 19.64x | Rp288.61 Billion |
| 2006 | 20.72% | 8.43% | 0.13x | 18.51x | Rp188.65 Billion |
| 2007 | 14.42% | 9.87% | 0.11x | 13.16x | Rp123.28 Billion |
| 2008 | 13.98% | 9.13% | 0.10x | 14.62x | Rp122.63 Billion |
| 2009 | 9.09% | 8.18% | 0.10x | 10.84x | Rp-48.86 Billion |
| 2010 | 14.21% | 13.15% | 0.10x | 10.61x | Rp271.21 Billion |
| 2011 | 15.28% | 14.08% | 0.09x | 12.17x | Rp386.50 Billion |
| 2012 | 13.27% | 14.80% | 0.08x | 10.87x | Rp336.07 Billion |
| 2013 | 13.52% | 14.02% | 0.08x | 11.35x | Rp406.49 Billion |
| 2014 | 9.39% | 8.52% | 0.09x | 11.84x | Rp-75.07 Billion |
| 2015 | 13.35% | 11.73% | 0.09x | 12.40x | Rp464.90 Billion |
| 2016 | 13.69% | 14.42% | 0.08x | 11.20x | Rp705.85 Billion |
| 2017 | 13.98% | 14.67% | 0.08x | 12.06x | Rp861.12 Billion |
| 2018 | 11.78% | 11.85% | 0.08x | 12.85x | Rp423.88 Billion |
| 2019 | 0.88% | 0.80% | 0.08x | 13.08x | Rp-2.17 Trillion |
| 2020 | 8.02% | 6.19% | 0.07x | 18.07x | Rp-396.43 Billion |
| 2021 | 11.10% | 8.87% | 0.07x | 17.37x | Rp235.56 Billion |
| 2022 | 11.75% | 11.60% | 0.07x | 15.52x | Rp454.14 Billion |
| 2023 | 11.49% | 11.79% | 0.07x | 14.40x | Rp453.07 Billion |
| 2024 | 9.23% | 9.78% | 0.07x | 14.42x | Rp-249.86 Billion |
| 2025 | 9.67% | 8.88% | 0.07x | 14.58x | Rp-119.87 Billion |
Industry Comparison
This section compares Bank Tabungan Negara Persero's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $4,538,577,359,651
- Average return on equity (ROE) among peers: 4.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank Tabungan Negara Persero (BBTN) | Rp36.77 Trillion | 29.49% | 13.08x | $1.06 Billion |
| Bank Rakyat Indonesia Agroniaga (AGRO) | $3.39 Trillion | 0.34% | 3.10x | $227.60 Million |
| Bank Agris Tbk (AGRS) | $3.00 Trillion | 0.43% | 3.77x | $176.69 Million |
| Bank Amar Indonesia (AMAR) | $3.34 Trillion | 6.44% | 0.46x | $210.05 Million |
| Bank Artos Indonesia Tbk PT (ARTO) | $84.06 Billion | 0.00% | 3.13x | $832.52 Million |
| Bank Mnc Internasional Tbk (BABP) | $2.71 Trillion | 1.94% | 5.22x | $130.26 Million |
| Bank Capital Indonesia Tbk (BACA) | $3.39 Trillion | 3.00% | 4.68x | $139.13 Million |
| Bank Net Indonesia Syariah Tbk PT (BANK) | $641.27 Billion | 7.00% | 0.12x | $244.44 Million |
| Bank Central Asia Tbk (BBCA) | $20.44 Trillion | 21.96% | 9.66x | $45.17 Billion |
| Bk Harda Internasional Tbk Pt (BBHI) | $1.63 Trillion | 0.72% | 0.00x | $1.25 Billion |
| Bank Bukopin Tbk (BBKP) | $6.76 Trillion | 2.00% | 14.75x | $605.45 Million |
About Bank Tabungan Negara Persero
PT Bank Tabungan Negara (Persero) Tbk provides various banking products and services in Indonesia. The company offers savings, current, demand, and deposit accounts; and consumer and commercial loans. It also provides fund transfer transaction, safety deposit box, and other services. It operates through ATMs and branches. The company was formerly known as Bank Tabungan Pos and changed its name to… Read more