Blue Bird Tbk PT
PT Blue Bird Tbk provides taxi transportation services in Indonesia. The company offers taxi services, car rental, and shuttle services; charter bus services; and logistics services. It also provides advertisement solutions. In addition, the company operates hotel and resorts. Further, it provides IT consulting and outsourcing services. Additionally, the company is involved in vehicle and e-comme… Read more
Blue Bird Tbk PT (BIRD) - Net Assets
Latest net assets as of September 2025: Rp6.18 Trillion IDR
Based on the latest financial reports, Blue Bird Tbk PT (BIRD) has net assets worth Rp6.18 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 (Rp9.24 Trillion) and total liabilities (Rp3.06 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 | Rp6.18 Trillion |
| % of Total Assets | 66.88% |
| Annual Growth Rate | 7.69% |
| 5-Year Change | 14.51% |
| 10-Year Change | 38.51% |
| Growth Volatility | 56.45 |
Blue Bird Tbk PT - Net Assets Trend (2012–2024)
This chart illustrates how Blue Bird 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 Blue Bird Tbk PT (2012–2024)
The table below shows the annual net assets of Blue Bird Tbk PT from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp5.99 Trillion | +6.46% |
| 2023-12-31 | Rp5.63 Trillion | +5.25% |
| 2022-12-31 | Rp5.35 Trillion | +3.95% |
| 2021-12-31 | Rp5.15 Trillion | -1.68% |
| 2020-12-31 | Rp5.24 Trillion | -3.19% |
| 2019-12-31 | Rp5.41 Trillion | +2.71% |
| 2018-12-31 | Rp5.27 Trillion | +6.78% |
| 2017-12-31 | Rp4.93 Trillion | +5.75% |
| 2016-12-31 | Rp4.66 Trillion | +7.73% |
| 2015-12-31 | Rp4.33 Trillion | +20.12% |
| 2014-12-31 | Rp3.60 Trillion | +195.81% |
| 2013-12-31 | Rp1.22 Trillion | -50.57% |
| 2012-12-31 | Rp2.46 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blue Bird 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 1248.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp3.06 Trillion | 52.10% |
| Common Stock | Rp250.21 Billion | 4.25% |
| Other Comprehensive Income | Rp54.00 Billion | 0.92% |
| Other Components | Rp2.51 Trillion | 42.73% |
| Total Equity | Rp5.88 Trillion | 100.00% |
Blue Bird Tbk PT Competitors by Market Cap
The table below lists competitors of Blue Bird Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baoye Group Company Limited
F:BKG
|
$64.65 Million |
|
Cemas Dokum Sanayi AS
IS:CEMAS
|
$64.68 Million |
|
Senao International Co Ltd
TW:2450
|
$64.69 Million |
|
BINHO
IS:BINHO
|
$64.70 Million |
|
Raghav Productivity Enhancers Limited
NSE:RPEL
|
$64.62 Million |
|
RPSG VENTURES LIMITED
NSE:RPSGVENT
|
$64.61 Million |
|
Ilkka Oyj 1
HE:ILKKA1
|
$64.61 Million |
|
Cryptology Asset Group p.l.c
PINK:CAGPF
|
$64.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Bird Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,520,218,000,000 to 5,880,727,000,000, a change of 360,509,000,000 (6.5%).
- Net income of 585,195,000,000 contributed positively to equity growth.
- Dividend payments of 227,691,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp585.20 Billion | +9.95% |
| Dividends Paid | Rp227.69 Billion | -3.87% |
| Other Changes | Rp3.00 Billion | +0.05% |
| Total Change | Rp- | 6.53% |
Book Value vs Market Value Analysis
This analysis compares Blue Bird 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: 0.72x
- 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 3.65x to 0.72x 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 | Rp461.22 | Rp1685.00 | x |
| 2013-12-31 | Rp541.25 | Rp1685.00 | x |
| 2014-12-31 | Rp1615.52 | Rp1685.00 | x |
| 2015-12-31 | Rp1701.01 | Rp1685.00 | x |
| 2016-12-31 | Rp1834.04 | Rp1685.00 | x |
| 2017-12-31 | Rp1940.55 | Rp1685.00 | x |
| 2018-12-31 | Rp2073.22 | Rp1685.00 | x |
| 2019-12-31 | Rp2121.89 | Rp1685.00 | x |
| 2020-12-31 | Rp2053.65 | Rp1685.00 | x |
| 2021-12-31 | Rp2018.32 | Rp1685.00 | x |
| 2022-12-31 | Rp2097.52 | Rp1685.00 | x |
| 2023-12-31 | Rp2206.23 | Rp1685.00 | x |
| 2024-12-31 | Rp2350.32 | Rp1685.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Bird 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): 9.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.61%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.44x
- Recent ROE (9.95%) is below the historical average (13.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 12.05% | 3.81% | 0.80x | 3.94x | Rp20.13 Billion |
| 2013 | 61.50% | 18.05% | 0.78x | 4.36x | Rp592.49 Billion |
| 2014 | 20.79% | 15.45% | 0.66x | 2.03x | Rp381.58 Billion |
| 2015 | 19.36% | 15.06% | 0.77x | 1.68x | Rp398.42 Billion |
| 2016 | 11.05% | 10.58% | 0.66x | 1.59x | Rp48.38 Billion |
| 2017 | 8.75% | 10.11% | 0.65x | 1.34x | Rp-60.68 Billion |
| 2018 | 8.82% | 10.84% | 0.61x | 1.34x | Rp-61.44 Billion |
| 2019 | 5.92% | 7.77% | 0.55x | 1.40x | Rp-216.35 Billion |
| 2020 | -3.18% | -7.97% | 0.28x | 1.41x | Rp-677.03 Billion |
| 2021 | 0.15% | 0.35% | 0.34x | 1.31x | Rp-497.29 Billion |
| 2022 | 6.83% | 9.98% | 0.52x | 1.31x | Rp-166.47 Billion |
| 2023 | 8.21% | 10.24% | 0.58x | 1.37x | Rp-99.05 Billion |
| 2024 | 9.95% | 11.61% | 0.60x | 1.44x | Rp-2.88 Billion |
Industry Comparison
This section compares Blue Bird Tbk PT's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $94,918,513,582
- Average return on equity (ROE) among peers: -2.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Bird Tbk PT (BIRD) | Rp6.18 Trillion | 12.05% | 0.50x | $64.62 Million |
| Eka Sari Lorena Transport Tbk (LRNA) | $268.04 Billion | -11.15% | 0.17x | $1.04 Million |
| Steady Safe TBK PT (SAFE) | $-10.97 Billion | 0.00% | 0.00x | $2.18 Million |
| Express Transindo Utama Tbk (TAXI) | $48.14 Billion | 0.00% | 5.33x | $8.80 Million |
| Weha Transportasi Indonesia TBK (WEHA) | $74.46 Billion | 0.38% | 2.09x | $3.27 Million |