Bank Ganesha Tbk PT
PT Bank Ganesha Tbk provides various general banking products and services for individuals and businesses in Indonesia. The company operates through Banking, Consumer, Treasury, and Others segments. It offers savings, current, and time deposits accounts. The company also provides personal, fixed income, car, housing, working capital, and investment loans. In addition, it offers safe deposit boxes… Read more
Bank Ganesha Tbk PT (BGTG) - Net Assets
Latest net assets as of September 2025: Rp3.64 Trillion IDR
Based on the latest financial reports, Bank Ganesha Tbk PT (BGTG) has net assets worth Rp3.64 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 (Rp10.23 Trillion) and total liabilities (Rp6.59 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 | Rp3.64 Trillion |
| % of Total Assets | 35.54% |
| Annual Growth Rate | 20.11% |
| 5-Year Change | 202.45% |
| 10-Year Change | 1537.01% |
| Growth Volatility | 225.78 |
Bank Ganesha Tbk PT - Net Assets Trend (2004–2024)
This chart illustrates how Bank Ganesha Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bank Ganesha Tbk PT (2004–2024)
The table below shows the annual net assets of Bank Ganesha Tbk PT from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp3.45 Trillion | +6.20% |
| 2023-12-31 | Rp3.24 Trillion | +3.36% |
| 2022-12-31 | Rp3.14 Trillion | +46.06% |
| 2021-12-31 | Rp2.15 Trillion | +88.64% |
| 2020-12-31 | Rp1.14 Trillion | -0.08% |
| 2019-12-31 | Rp1.14 Trillion | +1.23% |
| 2018-12-31 | Rp1.13 Trillion | +0.70% |
| 2017-12-31 | Rp1.12 Trillion | +4.73% |
| 2016-12-31 | Rp1.07 Trillion | +407.39% |
| 2015-12-31 | Rp210.46 Billion | +2.40% |
| 2014-12-31 | Rp205.52 Billion | -0.11% |
| 2013-12-31 | Rp205.75 Billion | -89.59% |
| 2012-12-31 | Rp1.98 Trillion | +974.83% |
| 2011-12-31 | Rp183.94 Billion | +22.59% |
| 2010-12-31 | Rp150.05 Billion | +15.16% |
| 2009-12-31 | Rp130.30 Billion | +5.50% |
| 2008-12-31 | Rp123.51 Billion | +2.04% |
| 2007-12-31 | Rp121.03 Billion | +28.81% |
| 2006-12-31 | Rp93.97 Billion | -2.41% |
| 2005-12-31 | Rp96.29 Billion | +9.19% |
| 2004-12-31 | Rp88.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bank Ganesha 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 34495200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp344.95 Billion | 10.01% |
| Common Stock | Rp2.40 Trillion | 69.58% |
| Other Comprehensive Income | Rp11.12 Billion | 0.32% |
| Other Components | Rp692.11 Billion | 20.09% |
| Total Equity | Rp3.45 Trillion | 100.00% |
Bank Ganesha Tbk PT Competitors by Market Cap
The table below lists competitors of Bank Ganesha Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DASAN Networks Inc
KQ:039560
|
$80.80 Million |
|
Campine N.V.
LSE:0J0V
|
$80.81 Million |
|
Sea Sonic Electronics Co Ltd
TWO:6203
|
$80.83 Million |
|
Petrolimex Insurance Corp
VN:PGI
|
$80.86 Million |
|
Quarterhill Inc
OTCQX:QTRHF
|
$80.79 Million |
|
Dongwha Enterprise Co.Ltd
KQ:025900
|
$80.79 Million |
|
QVC Group Inc.
NASDAQ:QVCGB
|
$80.77 Million |
|
Leadtrend Technology Corp
TW:3588
|
$80.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank Ganesha Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,244,202,000,000 to 3,445,281,000,000, a change of 201,079,000,000 (6.2%).
- Net income of 201,714,000,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 17,285,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp201.71 Billion | +5.85% |
| Other Comprehensive Income | Rp-17.29 Billion | -0.5% |
| Other Changes | Rp16.65 Billion | +0.48% |
| Total Change | Rp- | 6.20% |
Book Value vs Market Value Analysis
This analysis compares Bank Ganesha 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: 0.90x
- 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 2.35x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp54.83 | Rp129.00 | x |
| 2013-12-31 | Rp58.52 | Rp129.00 | x |
| 2014-12-31 | Rp58.45 | Rp129.00 | x |
| 2015-12-31 | Rp59.86 | Rp129.00 | x |
| 2016-12-31 | Rp127.05 | Rp129.00 | x |
| 2017-12-31 | Rp100.08 | Rp129.00 | x |
| 2018-12-31 | Rp100.78 | Rp129.00 | x |
| 2019-12-31 | Rp102.01 | Rp129.00 | x |
| 2020-12-31 | Rp97.50 | Rp129.00 | x |
| 2021-12-31 | Rp183.93 | Rp129.00 | x |
| 2022-12-31 | Rp193.13 | Rp129.00 | x |
| 2023-12-31 | Rp156.54 | Rp129.00 | x |
| 2024-12-31 | Rp143.73 | Rp129.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank Ganesha 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): 5.85%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.72%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 3.01x
- Recent ROE (5.85%) is above the historical average (2.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4.60% | 8.92% | 0.05x | 10.28x | Rp-10.42 Billion |
| 2013 | 6.83% | 7.17% | 0.10x | 9.68x | Rp-6.52 Billion |
| 2014 | 1.46% | 1.48% | 0.09x | 10.39x | Rp-17.56 Billion |
| 2015 | 2.59% | 2.45% | 0.11x | 9.38x | Rp-15.60 Billion |
| 2016 | 3.67% | 12.79% | 0.07x | 3.97x | Rp-67.59 Billion |
| 2017 | 4.57% | 12.02% | 0.09x | 4.10x | Rp-60.70 Billion |
| 2018 | 0.50% | 1.32% | 0.09x | 3.99x | Rp-107.02 Billion |
| 2019 | 1.04% | 2.71% | 0.09x | 4.22x | Rp-102.16 Billion |
| 2020 | 0.28% | 0.79% | 0.08x | 4.71x | Rp-110.71 Billion |
| 2021 | 0.51% | 3.03% | 0.04x | 3.99x | Rp-204.02 Billion |
| 2022 | 1.47% | 9.66% | 0.05x | 2.86x | Rp-267.83 Billion |
| 2023 | 3.20% | 16.16% | 0.07x | 2.90x | Rp-220.46 Billion |
| 2024 | 5.85% | 25.72% | 0.08x | 3.01x | Rp-142.81 Billion |
Industry Comparison
This section compares Bank Ganesha Tbk PT's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $6,121,527,008,058
- Average return on equity (ROE) among peers: -2.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank Ganesha Tbk PT (BGTG) | Rp3.64 Trillion | 4.60% | 1.81x | $80.79 Million |
| Bank Agris Tbk (AGRS) | $567.10 Billion | 0.69% | 6.44x | $17.52 Million |
| Bank Amar Indonesia (AMAR) | $3.18 Trillion | -4.89% | 0.42x | $6.61 Million |
| Bank Mnc Internasional Tbk (BABP) | $536.71 Billion | 3.85% | 10.82x | $7.22 Million |
| Bank Net Indonesia Syariah Tbk PT (BANK) | $950.85 Billion | 4.24% | 1.17x | $175.00 Million |
| Bank Central Asia Tbk (BBCA) | $12.63 Trillion | 18.94% | 9.55x | $20.04 Billion |
| Bk Harda Internasional Tbk Pt (BBHI) | $336.48 Billion | -36.60% | 5.73x | $251.65 Million |
| Bank Bukopin Tbk (BBKP) | $11.22 Trillion | -44.82% | 7.02x | $111.65 Million |
| Bank Mestika Dharma Tbk (BBMD) | $4.01 Trillion | 8.13% | 2.53x | $15.70 Million |
| Bank Rakyat Indonesia Persero (BBRI) | $27.26 Trillion | 26.81% | 10.63x | $15.34 Billion |
| PT Bank Bisnis Internasional Tbk (BBSI) | $538.46 Billion | 1.50% | 0.00x | $110.21 Million |