Bank Maspion Indonesia PT (BMAS) - Net Assets
Based on the latest financial reports, Bank Maspion Indonesia PT (BMAS) has net assets worth Rp6.50 Trillion IDR (≈ $381.10 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp25.12 Trillion ≈ $1.47 Billion USD) and total liabilities (Rp18.62 Trillion ≈ $1.09 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 BMAS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp6.50 Trillion |
| % of Total Assets | 25.89% |
| Annual Growth Rate | 23.05% |
| 5-Year Change | 388.42% |
| 10-Year Change | 484.91% |
| Growth Volatility | 41.26 |
Bank Maspion Indonesia PT - Net Assets Trend (2008–2025)
This chart illustrates how Bank Maspion Indonesia PT's net assets have evolved over time, based on quarterly financial data. See Bank Maspion Indonesia PT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bank Maspion Indonesia PT (2008–2025)
The table below shows the annual net assets of Bank Maspion Indonesia PT from 2008 to 2025. For live valuation and market cap data, see Bank Maspion Indonesia PT (BMAS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp6.50 Trillion ≈ $380.99 Million |
+0.59% |
| 2024-12-31 | Rp6.46 Trillion ≈ $378.74 Million |
-3.85% |
| 2023-12-31 | Rp6.72 Trillion ≈ $393.92 Million |
+113.24% |
| 2022-12-31 | Rp3.15 Trillion ≈ $184.73 Million |
+136.82% |
| 2021-12-31 | Rp1.33 Trillion ≈ $78.00 Million |
+3.66% |
| 2020-12-31 | Rp1.28 Trillion ≈ $75.25 Million |
+4.50% |
| 2019-12-31 | Rp1.23 Trillion ≈ $72.01 Million |
+2.35% |
| 2018-12-31 | Rp1.20 Trillion ≈ $70.36 Million |
+3.32% |
| 2017-12-31 | Rp1.16 Trillion ≈ $68.10 Million |
+4.55% |
| 2016-12-31 | Rp1.11 Trillion ≈ $65.14 Million |
+31.09% |
| 2015-12-31 | Rp848.01 Billion ≈ $49.69 Million |
+31.24% |
| 2014-12-31 | Rp646.13 Billion ≈ $37.86 Million |
+1.43% |
| 2013-12-31 | Rp637.03 Billion ≈ $37.33 Million |
+72.22% |
| 2012-12-31 | Rp369.90 Billion ≈ $21.67 Million |
+0.37% |
| 2011-12-31 | Rp368.54 Billion ≈ $21.60 Million |
+59.64% |
| 2010-12-31 | Rp230.86 Billion ≈ $13.53 Million |
+11.21% |
| 2009-12-31 | Rp207.58 Billion ≈ $12.16 Million |
+8.53% |
| 2008-12-31 | Rp191.27 Billion ≈ $11.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bank Maspion Indonesia 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 310.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp409.48 Billion | 6.30% |
| Common Stock | Rp1.81 Trillion | 27.84% |
| Other Comprehensive Income | Rp141.37 Billion | 2.17% |
| Other Components | Rp4.14 Trillion | 63.69% |
| Total Equity | Rp6.50 Trillion | 100.00% |
Bank Maspion Indonesia PT Competitors by Market Cap
The table below lists competitors of Bank Maspion Indonesia PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Central Emporium Group Stocks Co Ltd
SHG:600280
|
$513.49 Million |
|
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT
JK:LSIP
|
$513.52 Million |
|
Jiangsu Phoenix Property Investment Co Ltd
SHG:600716
|
$513.66 Million |
|
Si-Bone Inc
NASDAQ:SIBN
|
$513.67 Million |
|
Tejon Ranch Co
NYSE:TRC
|
$513.40 Million |
|
Sichuan Etrol Technologies Co Ltd
SHE:300370
|
$513.10 Million |
|
Greenlight Capital Re Ltd
NASDAQ:GLRE
|
$513.08 Million |
|
OPTHEA LTD (SP.ADR/8)
F:UKJ2
|
$512.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank Maspion Indonesia PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,463,586,853,000 to 6,501,961,240,000, a change of 38,374,387,000 (0.6%).
- Net income of 31,818,493,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 141,372,380,000.
- Other factors decreased equity by 134,816,486,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp31.82 Billion | +0.49% |
| Other Comprehensive Income | Rp141.37 Billion | +2.17% |
| Other Changes | Rp-134.82 Billion | -2.07% |
| Total Change | Rp- | 0.59% |
Book Value vs Market Value Analysis
This analysis compares Bank Maspion Indonesia 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: 1.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.89x to 1.35x 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 | Rp61.33 | Rp484.00 | x |
| 2013-12-31 | Rp117.35 | Rp484.00 | x |
| 2014-12-31 | Rp107.12 | Rp484.00 | x |
| 2015-12-31 | Rp139.55 | Rp484.00 | x |
| 2016-12-31 | Rp177.78 | Rp484.00 | x |
| 2017-12-31 | Rp166.99 | Rp484.00 | x |
| 2018-12-31 | Rp172.53 | Rp484.00 | x |
| 2019-12-31 | Rp106.46 | Rp484.00 | x |
| 2020-12-31 | Rp111.25 | Rp484.00 | x |
| 2021-12-31 | Rp115.32 | Rp484.00 | x |
| 2022-12-31 | Rp396.66 | Rp484.00 | x |
| 2023-12-31 | Rp714.38 | Rp484.00 | x |
| 2024-12-31 | Rp357.10 | Rp484.00 | x |
| 2025-12-31 | Rp359.17 | Rp484.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank Maspion Indonesia 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): 0.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.03%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 3.45x
- Recent ROE (0.49%) is below the historical average (3.95%), 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 | 6.39% | 8.04% | 0.09x | 9.20x | Rp-13.34 Billion |
| 2013 | 4.94% | 8.62% | 0.09x | 6.55x | Rp-32.24 Billion |
| 2014 | 3.90% | 5.70% | 0.09x | 7.47x | Rp-39.44 Billion |
| 2015 | 4.74% | 7.68% | 0.10x | 6.30x | Rp-44.61 Billion |
| 2016 | 6.13% | 12.12% | 0.10x | 4.93x | Rp-43.00 Billion |
| 2017 | 5.98% | 12.99% | 0.09x | 5.21x | Rp-46.72 Billion |
| 2018 | 5.91% | 13.09% | 0.08x | 5.57x | Rp-49.06 Billion |
| 2019 | 4.86% | 9.45% | 0.08x | 6.16x | Rp-63.15 Billion |
| 2020 | 5.22% | 9.60% | 0.07x | 7.87x | Rp-61.44 Billion |
| 2021 | 6.02% | 8.37% | 0.07x | 10.69x | Rp-52.96 Billion |
| 2022 | 3.65% | 11.48% | 0.07x | 4.74x | Rp-200.32 Billion |
| 2023 | 0.94% | 5.04% | 0.06x | 2.93x | Rp-609.01 Billion |
| 2024 | -3.82% | -15.89% | 0.07x | 3.45x | Rp-893.57 Billion |
| 2025 | 0.49% | 2.03% | 0.07x | 3.45x | Rp-618.38 Billion |
Industry Comparison
This section compares Bank Maspion Indonesia PT'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 Maspion Indonesia PT (BMAS) | Rp6.50 Trillion | 6.39% | 2.86x | $513.40 Million |
| 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 Maspion Indonesia PT
PT Bank Maspion Indonesia Tbk operates as a commercial bank in Indonesia. It offers savings, deposit, and current accounts; and loan products, including working capital, investment, consumer, and general personal loans, as well as bank guarantee services. The company also provides trade finance products, such as letters of credit import and export; export and import documentary collection; and ou… Read more