Bekasi Fajar Industrial Estate
PT Bekasi Fajar Industrial Estate Tbk opens, operates, and manages industrial and residential estates primarily in Indonesia. The company operates through Industrial Estate, Leasing of Production Facilities, Commercial Industrial Estates, and Management of Industrial Estates segments. It develops and sells properties; and opens, runs, manages, and leases shopping centers and offices. The company … Read more
Bekasi Fajar Industrial Estate (BEST) - Net Assets
Latest net assets as of September 2025: Rp4.41 Trillion IDR
Based on the latest financial reports, Bekasi Fajar Industrial Estate (BEST) has net assets worth Rp4.41 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp5.70 Trillion) and total liabilities (Rp1.29 Trillion). 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 | Rp4.41 Trillion |
| % of Total Assets | 77.35% |
| Annual Growth Rate | 11.56% |
| 5-Year Change | 1.6% |
| 10-Year Change | 45.49% |
| Growth Volatility | 24.71 |
Bekasi Fajar Industrial Estate - Net Assets Trend (2009–2024)
This chart illustrates how Bekasi Fajar Industrial Estate's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bekasi Fajar Industrial Estate (2009–2024)
The table below shows the annual net assets of Bekasi Fajar Industrial Estate from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp4.43 Trillion | +1.34% |
| 2023-12-31 | Rp4.37 Trillion | +0.91% |
| 2022-12-31 | Rp4.33 Trillion | +0.81% |
| 2021-12-31 | Rp4.29 Trillion | -1.44% |
| 2020-12-31 | Rp4.36 Trillion | -2.51% |
| 2019-12-31 | Rp4.47 Trillion | +7.11% |
| 2018-12-31 | Rp4.17 Trillion | +8.41% |
| 2017-12-31 | Rp3.85 Trillion | +13.49% |
| 2016-12-31 | Rp3.39 Trillion | +11.46% |
| 2015-12-31 | Rp3.04 Trillion | +6.76% |
| 2014-12-31 | Rp2.85 Trillion | +15.05% |
| 2013-12-31 | Rp2.48 Trillion | +39.92% |
| 2012-12-31 | Rp1.77 Trillion | +97.81% |
| 2011-12-31 | Rp894.87 Billion | +6.59% |
| 2010-12-31 | Rp839.51 Billion | -2.09% |
| 2009-12-31 | Rp857.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bekasi Fajar Industrial Estate'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 2808.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp3.04 Trillion | 68.62% |
| Common Stock | Rp964.73 Billion | 21.80% |
| Other Comprehensive Income | Rp192.95 Billion | 4.36% |
| Other Components | Rp231.15 Billion | 5.22% |
| Total Equity | Rp4.43 Trillion | 100.00% |
Bekasi Fajar Industrial Estate Competitors by Market Cap
The table below lists competitors of Bekasi Fajar Industrial Estate ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MCOT Public Company Limited
F:OLU
|
$25.80 Million |
|
AS Pro Kapital Grupp
F:17E
|
$25.80 Million |
|
Home Center Holdings Co.Ltd
KQ:060560
|
$25.80 Million |
|
Adways Inc
F:A02
|
$25.81 Million |
|
wallstreet:online AG
LSE:0CDX
|
$25.77 Million |
|
Biocartis Group NV
BR:BCART
|
$25.77 Million |
|
LI Ming Development Construction Co Ltd
TWO:6212
|
$25.77 Million |
|
CPE Technology Berhad
KLSE:5317
|
$25.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bekasi Fajar Industrial Estate's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,367,328,730,476 to 4,425,711,595,000, a change of 58,382,864,524 (1.3%).
- Net income of 58,588,061,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp58.59 Billion | +1.32% |
| Other Changes | Rp-205.20 Million | -0.0% |
| Total Change | Rp- | 1.34% |
Book Value vs Market Value Analysis
This analysis compares Bekasi Fajar Industrial Estate'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 0.88x 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 |
|---|---|---|---|
| 2010-12-31 | Rp118.22 | Rp104.00 | x |
| 2011-12-31 | Rp136.08 | Rp104.00 | x |
| 2012-12-31 | Rp207.03 | Rp104.00 | x |
| 2013-12-31 | Rp258.64 | Rp104.00 | x |
| 2014-12-31 | Rp295.52 | Rp104.00 | x |
| 2015-12-31 | Rp315.12 | Rp104.00 | x |
| 2016-12-31 | Rp351.20 | Rp104.00 | x |
| 2017-12-31 | Rp398.60 | Rp104.00 | x |
| 2018-12-31 | Rp432.40 | Rp104.00 | x |
| 2019-12-31 | Rp463.17 | Rp104.00 | x |
| 2020-12-31 | Rp451.55 | Rp104.00 | x |
| 2021-12-31 | Rp445.05 | Rp104.00 | x |
| 2022-12-31 | Rp448.64 | Rp104.00 | x |
| 2023-12-31 | Rp452.70 | Rp104.00 | x |
| 2024-12-31 | Rp458.75 | Rp104.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bekasi Fajar Industrial Estate 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): 1.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.80%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.32x
- Recent ROE (1.32%) is below the historical average (9.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 12.49% | 51.81% | 0.18x | 1.32x | Rp21.33 Billion |
| 2010 | 12.98% | 46.93% | 0.20x | 1.41x | Rp25.03 Billion |
| 2011 | 13.36% | 25.12% | 0.29x | 1.84x | Rp30.09 Billion |
| 2012 | 26.57% | 48.73% | 0.42x | 1.29x | Rp293.29 Billion |
| 2013 | 30.04% | 56.17% | 0.39x | 1.36x | Rp496.08 Billion |
| 2014 | 13.73% | 46.56% | 0.23x | 1.28x | Rp106.18 Billion |
| 2015 | 6.96% | 32.25% | 0.14x | 1.52x | Rp-92.38 Billion |
| 2016 | 9.92% | 40.75% | 0.16x | 1.54x | Rp-2.84 Billion |
| 2017 | 12.57% | 48.04% | 0.18x | 1.49x | Rp98.79 Billion |
| 2018 | 10.13% | 43.89% | 0.15x | 1.51x | Rp5.46 Billion |
| 2019 | 8.51% | 40.00% | 0.15x | 1.43x | Rp-66.65 Billion |
| 2020 | -2.64% | -47.55% | 0.04x | 1.44x | Rp-550.85 Billion |
| 2021 | -1.66% | -30.93% | 0.04x | 1.41x | Rp-500.45 Billion |
| 2022 | 0.78% | 6.22% | 0.09x | 1.40x | Rp-399.07 Billion |
| 2023 | 0.91% | 7.26% | 0.09x | 1.36x | Rp-397.20 Billion |
| 2024 | 1.32% | 12.80% | 0.08x | 1.32x | Rp-383.98 Billion |
Industry Comparison
This section compares Bekasi Fajar Industrial Estate's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,663,935,930,363
- Average return on equity (ROE) among peers: 2.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bekasi Fajar Industrial Estate (BEST) | Rp4.41 Trillion | 12.49% | 0.29x | $25.77 Million |
| Bukit Darmo Property Tbk (BKDP) | $381.91 Billion | -9.06% | 0.99x | $3.44 Million |
| PT Bangun Kosambi Sukses Tbk (CBDK) | $432.24 Million | 17.46% | 29.38x | $167.95 Million |
| Diamond Citra Propertindo PT (DADA) | $343.31 Billion | 1.48% | 0.84x | $12.24 Million |
| Duta Anggada Realty Tbk (DART) | $739.01 Billion | 3.64% | 2.47x | $2.35 Million |
| PT Dafam Property Indonesia Tbk (DFAM) | $-55.42 Billion | 0.00% | 0.00x | $7.90 Million |
| Bakrieland Development Tbk (ELTY) | $7.17 Trillion | -3.22% | 0.72x | $23.70 |
| Megapolitan Developments Tbk (EMDE) | $602.96 Billion | 7.43% | 0.96x | $3.83 Million |
| Indonesian Paradise Property (INPP) | $5.77 Trillion | -8.38% | 0.33x | $94.75 Million |
| Era Graharealty PT Tbk (IPAC) | $25.78 Billion | 15.17% | 0.28x | $834.38K |