Wulandari Bangun Laksana
PT Wulandari Bangun Laksana Tbk engages in the real estate business in Indonesia. The company operates through Developer, Pentacity Mall, E-walk Mall, Estate Management, and Other segments. The Developer segment sells apartment units, condotels, and shop houses; and rents business space units. The Pentacity Mall segment provides management services in the Pentacity mall area of Balikpapan. The E-… Read more
Wulandari Bangun Laksana (BSBK) - Net Assets
Latest net assets as of June 2025: Rp2.13 Trillion IDR
Based on the latest financial reports, Wulandari Bangun Laksana (BSBK) has net assets worth Rp2.13 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.89 Trillion) and total liabilities (Rp760.75 Billion). 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 | Rp2.13 Trillion |
| % of Total Assets | 73.64% |
| Annual Growth Rate | 86.12% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 106.33 |
Wulandari Bangun Laksana - Net Assets Trend (2019–2024)
This chart illustrates how Wulandari Bangun Laksana's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wulandari Bangun Laksana (2019–2024)
The table below shows the annual net assets of Wulandari Bangun Laksana from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.09 Trillion | +24.03% |
| 2023-12-31 | Rp1.69 Trillion | +2.41% |
| 2022-12-31 | Rp1.65 Trillion | +44.31% |
| 2021-12-31 | Rp1.14 Trillion | +1120.47% |
| 2020-12-31 | Rp-111.79 Billion | -219.57% |
| 2019-12-31 | Rp93.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wulandari Bangun Laksana'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 102100725160000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp856.19 Billion | 40.95% |
| Common Stock | Rp250.92 Billion | 12.00% |
| Other Components | Rp983.92 Billion | 47.05% |
| Total Equity | Rp2.09 Trillion | 100.00% |
Wulandari Bangun Laksana Competitors by Market Cap
The table below lists competitors of Wulandari Bangun Laksana ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Innovative Designs
PINK:IVDN
|
$13.48 Million |
|
TLGUF
PINK:TLGUF
|
$13.48 Million |
|
TNT Group JSC
VN:TNT
|
$13.48 Million |
|
MDB Capital Holdings, LLC Class A common
NASDAQ:MDBH
|
$13.48 Million |
|
Netel Holding AB
ST:NETEL
|
$13.47 Million |
|
E for L Aim Public Company Limited
BK:EFORL
|
$13.47 Million |
|
Triunfo Participações e Investimentos S.A
SA:TPIS3
|
$13.47 Million |
|
MARYGOLD COMP. DL-001
F:TF8
|
$13.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wulandari Bangun Laksana's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,685,932,931,442 to 2,091,034,745,000, a change of 405,101,813,558 (24.0%).
- Net income of 349,584,576,000 contributed positively to equity growth.
- Dividend payments of 25,085,778,000 reduced retained earnings.
- Other factors increased equity by 80,603,015,558.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp349.58 Billion | +16.72% |
| Dividends Paid | Rp25.09 Billion | -1.2% |
| Other Changes | Rp80.60 Billion | +3.85% |
| Total Change | Rp- | 24.03% |
Book Value vs Market Value Analysis
This analysis compares Wulandari Bangun Laksana'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: 0.70x
- 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 2.82x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp20.55 | Rp58.00 | x |
| 2020-12-31 | Rp-24.57 | Rp58.00 | x |
| 2021-12-31 | Rp45.47 | Rp58.00 | x |
| 2022-12-31 | Rp65.61 | Rp58.00 | x |
| 2023-12-31 | Rp67.19 | Rp58.00 | x |
| 2024-12-31 | Rp83.34 | Rp58.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wulandari Bangun Laksana 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): 16.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 96.71%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.37x
- Recent ROE (16.72%) is above the historical average (2.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -82.55% | -31.89% | 0.24x | 10.75x | Rp-86.53 Billion |
| 2020 | 0.00% | -72.70% | 0.15x | 0.00x | Rp-98.24 Billion |
| 2021 | 75.66% | 362.54% | 0.11x | 1.99x | Rp749.10 Billion |
| 2022 | 0.24% | 1.50% | 0.11x | 1.53x | Rp-160.66 Billion |
| 2023 | 2.35% | 11.41% | 0.14x | 1.48x | Rp-128.99 Billion |
| 2024 | 16.72% | 96.71% | 0.13x | 1.37x | Rp140.48 Billion |
Industry Comparison
This section compares Wulandari Bangun Laksana's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $2,037,880,665,029
- Average return on equity (ROE) among peers: 5.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wulandari Bangun Laksana (BSBK) | Rp2.13 Trillion | -82.55% | 0.36x | $13.48 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.57 Trillion | 4.51% | 1.58x | $6.68 Million |
| Makmur Berkah Amanda Pt (AMAN) | $709.54 Billion | 7.78% | 0.53x | $8.15 Million |
| Agung Podomoro Land Tbk (APLN) | $6.35 Trillion | 12.79% | 1.39x | $21.65 Million |
| Alam Sutera Realty Tbk (ASRI) | $2.79 Trillion | 21.63% | 1.16x | $78.83 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $128.84 Billion | -2.88% | 0.05x | $1.06 Million |
| Bhakti Agung Propertindo (BAPI) | $428.73 Billion | -0.57% | 0.46x | $2.99 Million |
| Bumi Citra Permai Tbk (BCIP) | $73.69 Billion | 2.96% | 0.68x | $3.82 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $695.65 Billion | -3.52% | 2.41x | $556.90K |
| Sentul City Tbk (BKSL) | $4.59 Trillion | 2.95% | 0.15x | $112.63 Million |