Bumi Serpong Damai Tbk
PT Bumi Serpong Damai Tbk, together with its subsidiaries, engages in the real estate development activities in Indonesia. It operates through Real Estate, Property, Hotel, Toll Road, and Others segments. The company is developing the BSD City, a planned and integrated residential area with amenities/infrastructure, environmental facilities, and parks. It is also involved in the hotel operations;… Read more
Bumi Serpong Damai Tbk (BSDE) - Net Assets
Latest net assets as of June 2025: Rp50.74 Trillion IDR
Based on the latest financial reports, Bumi Serpong Damai Tbk (BSDE) has net assets worth Rp50.74 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 (Rp76.64 Trillion) and total liabilities (Rp25.91 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 | Rp50.74 Trillion |
| % of Total Assets | 66.2% |
| Annual Growth Rate | 19.48% |
| 5-Year Change | 37.27% |
| 10-Year Change | 114.15% |
| Growth Volatility | 44.32 |
Bumi Serpong Damai Tbk - Net Assets Trend (2002–2024)
This chart illustrates how Bumi Serpong Damai Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bumi Serpong Damai Tbk (2002–2024)
The table below shows the annual net assets of Bumi Serpong Damai Tbk from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp47.32 Trillion | +14.85% |
| 2023-12-31 | Rp41.20 Trillion | +8.30% |
| 2022-12-31 | Rp38.05 Trillion | +5.99% |
| 2021-12-31 | Rp35.89 Trillion | +4.13% |
| 2020-12-31 | Rp34.47 Trillion | +2.75% |
| 2019-12-31 | Rp33.55 Trillion | +10.77% |
| 2018-12-31 | Rp30.29 Trillion | +3.73% |
| 2017-12-31 | Rp29.20 Trillion | +19.89% |
| 2016-12-31 | Rp24.35 Trillion | +10.21% |
| 2015-12-31 | Rp22.10 Trillion | +19.61% |
| 2014-12-31 | Rp18.47 Trillion | +37.70% |
| 2013-12-31 | Rp13.42 Trillion | +27.38% |
| 2012-12-31 | Rp10.53 Trillion | +27.55% |
| 2011-12-31 | Rp8.26 Trillion | +11.35% |
| 2010-12-31 | Rp7.42 Trillion | +216.87% |
| 2009-12-31 | Rp2.34 Trillion | +12.77% |
| 2008-12-31 | Rp2.08 Trillion | +63.60% |
| 2007-12-31 | Rp1.27 Trillion | +9.17% |
| 2006-12-31 | Rp1.16 Trillion | +7.69% |
| 2005-12-31 | Rp1.08 Trillion | +4.19% |
| 2004-12-31 | Rp1.04 Trillion | +8.90% |
| 2003-12-31 | Rp950.90 Billion | +0.85% |
| 2002-12-31 | Rp942.85 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bumi Serpong Damai Tbk'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 297058.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp31.09 Trillion | 76.08% |
| Common Stock | Rp2.12 Trillion | 5.18% |
| Other Comprehensive Income | Rp481.42 Billion | 1.18% |
| Other Components | Rp7.18 Trillion | 17.56% |
| Total Equity | Rp40.86 Trillion | 100.00% |
Bumi Serpong Damai Tbk Competitors by Market Cap
The table below lists competitors of Bumi Serpong Damai Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Era Co Ltd
SHE:002641
|
$262.33 Million |
|
Chase Science Co. Ltd.
SHE:300941
|
$262.33 Million |
|
Solaris Resources Inc.
OTCQB:SLSR
|
$262.34 Million |
|
CARsgen Therapeutics Holdings Limited
PINK:CRTHF
|
$262.40 Million |
|
Anhui Korrun Co Ltd
SHE:300577
|
$262.23 Million |
|
Orion Engineered Carbons SA
NYSE:OEC
|
$262.22 Million |
|
Rejlers AB Series B
LSE:0JH0
|
$262.16 Million |
|
Viel et Cie.
LSE:0HZW
|
$262.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bumi Serpong Damai Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,470,759,665,574 to 40,861,177,480,000, a change of 4,390,417,814,426 (12.0%).
- Net income of 4,359,063,784,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 75,121,174,236.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp4.36 Trillion | +10.67% |
| Other Comprehensive Income | Rp75.12 Billion | +0.18% |
| Other Changes | Rp-43.77 Billion | -0.11% |
| Total Change | Rp- | 12.04% |
Book Value vs Market Value Analysis
This analysis compares Bumi Serpong Damai Tbk'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: 0.38x
- 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 6.83x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp107.66 | Rp735.00 | x |
| 2008-12-31 | Rp176.13 | Rp735.00 | x |
| 2009-12-31 | Rp198.63 | Rp735.00 | x |
| 2010-12-31 | Rp534.06 | Rp735.00 | x |
| 2011-12-31 | Rp392.78 | Rp735.00 | x |
| 2012-12-31 | Rp452.45 | Rp735.00 | x |
| 2013-12-31 | Rp584.34 | Rp735.00 | x |
| 2014-12-31 | Rp850.75 | Rp735.00 | x |
| 2015-12-31 | Rp990.62 | Rp735.00 | x |
| 2016-12-31 | Rp1069.31 | Rp735.00 | x |
| 2017-12-31 | Rp1316.67 | Rp735.00 | x |
| 2018-12-31 | Rp1360.72 | Rp735.00 | x |
| 2019-12-31 | Rp1535.09 | Rp735.00 | x |
| 2020-12-31 | Rp1509.66 | Rp735.00 | x |
| 2021-12-31 | Rp1504.09 | Rp735.00 | x |
| 2022-12-31 | Rp1608.41 | Rp735.00 | x |
| 2023-12-31 | Rp1743.89 | Rp735.00 | x |
| 2024-12-31 | Rp1953.83 | Rp735.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bumi Serpong Damai Tbk 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): 10.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.60%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.86x
- Recent ROE (10.67%) is below the historical average (11.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 8.40% | 7.40% | 0.40x | 2.84x | Rp-20.28 Billion |
| 2008 | 10.77% | 16.12% | 0.32x | 2.11x | Rp15.95 Billion |
| 2009 | 13.19% | 24.30% | 0.28x | 1.96x | Rp74.73 Billion |
| 2010 | 6.43% | 15.92% | 0.21x | 1.91x | Rp-218.83 Billion |
| 2011 | 14.73% | 36.06% | 0.22x | 1.86x | Rp324.78 Billion |
| 2012 | 16.25% | 34.50% | 0.22x | 2.12x | Rp494.39 Billion |
| 2013 | 26.32% | 46.88% | 0.25x | 2.21x | Rp1.67 Trillion |
| 2014 | 24.84% | 68.57% | 0.20x | 1.83x | Rp2.28 Trillion |
| 2015 | 11.35% | 34.45% | 0.17x | 1.91x | Rp254.54 Billion |
| 2016 | 8.73% | 27.54% | 0.17x | 1.86x | Rp-261.91 Billion |
| 2017 | 19.42% | 47.55% | 0.23x | 1.81x | Rp2.39 Trillion |
| 2018 | 4.96% | 19.52% | 0.13x | 2.00x | Rp-1.32 Trillion |
| 2019 | 9.58% | 39.40% | 0.13x | 1.87x | Rp-123.53 Billion |
| 2020 | 1.59% | 7.77% | 0.10x | 2.02x | Rp-2.53 Trillion |
| 2021 | 4.29% | 17.62% | 0.12x | 1.95x | Rp-1.80 Trillion |
| 2022 | 7.23% | 23.77% | 0.16x | 1.93x | Rp-930.59 Billion |
| 2023 | 5.33% | 16.86% | 0.17x | 1.83x | Rp-1.70 Trillion |
| 2024 | 10.67% | 31.60% | 0.18x | 1.86x | Rp272.95 Billion |
Industry Comparison
This section compares Bumi Serpong Damai Tbk's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,952,025,467,244
- Average return on equity (ROE) among peers: -2.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bumi Serpong Damai Tbk (BSDE) | Rp50.74 Trillion | 8.40% | 0.51x | $262.24 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.57 Trillion | 4.51% | 1.58x | $6.68 Million |
| Makmur Berkah Amanda Pt (AMAN) | $591.05 Billion | 3.35% | 0.35x | $7.58 Million |
| Agung Podomoro Land Tbk (APLN) | $7.21 Trillion | 11.80% | 1.73x | $23.87 Million |
| Alam Sutera Realty Tbk (ASRI) | $6.60 Trillion | 9.03% | 1.83x | $76.41 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $92.50 Billion | 5.43% | 0.90x | $921.59K |
| Bhakti Agung Propertindo (BAPI) | $427.74 Billion | -0.02% | 0.55x | $2.89 Million |
| Bumi Citra Permai Tbk (BCIP) | $192.63 Billion | 4.97% | 0.77x | $3.47 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $394.84 Billion | 21.60% | 2.36x | $556.90K |
| Sentul City Tbk (BKSL) | $1.34 Trillion | -2.15% | 0.44x | $101.56 Million |
| Wulandari Bangun Laksana (BSBK) | $93.50 Billion | -82.55% | 9.75x | $13.01 Million |