Bayan Resources Tbk (BYAN) - Net Assets
Based on the latest financial reports, Bayan Resources Tbk (BYAN) has net assets worth Rp40.74 Trillion IDR (≈ $2.39 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp50.74 Trillion ≈ $2.97 Billion USD) and total liabilities (Rp10.00 Trillion ≈ $585.82 Million 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 Bayan Resources Tbk liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp40.74 Trillion |
| % of Total Assets | 80.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | 168.57% |
| 10-Year Change | 1244.01% |
| Growth Volatility | 60.31 |
Bayan Resources Tbk - Net Assets Trend (2005–2024)
This chart illustrates how Bayan Resources Tbk's net assets have evolved over time, based on quarterly financial data. Also explore BYAN total assets for the complete picture of this company's asset base.
Annual Net Assets for Bayan Resources Tbk (2005–2024)
The table below shows the annual net assets of Bayan Resources Tbk from 2005 to 2024. For live valuation and market cap data, see BYAN market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.31 Billion ≈ $135.58K |
+16.93% |
| 2023-12-31 | Rp1.98 Billion ≈ $115.95K |
-0.83% |
| 2022-12-31 | Rp2.00 Billion ≈ $116.92K |
+7.11% |
| 2021-12-31 | Rp1.86 Billion ≈ $109.16K |
+116.23% |
| 2020-12-31 | Rp861.55 Million ≈ $50.48K |
+39.17% |
| 2019-12-31 | Rp619.08 Million ≈ $36.28K |
-8.70% |
| 2018-12-31 | Rp678.07 Million ≈ $39.73K |
+31.51% |
| 2017-12-31 | Rp515.60 Million ≈ $30.21K |
+174.04% |
| 2016-12-31 | Rp188.15 Million ≈ $11.02K |
+9.29% |
| 2015-12-31 | Rp172.16 Million ≈ $10.09K |
-32.63% |
| 2014-12-31 | Rp255.53 Million ≈ $14.97K |
-43.20% |
| 2013-12-31 | Rp449.84 Million ≈ $26.36K |
-11.77% |
| 2012-12-31 | Rp509.84 Million ≈ $29.87K |
-13.68% |
| 2011-12-31 | Rp590.62 Million ≈ $34.61K |
+73.40% |
| 2010-12-31 | Rp340.62 Million ≈ $19.96K |
+29.76% |
| 2009-12-31 | Rp262.49 Million ≈ $15.38K |
+44.10% |
| 2008-12-31 | Rp182.16 Million ≈ $10.67K |
-99.92% |
| 2007-12-31 | Rp216.27 Billion ≈ $12.67 Million |
+382.98% |
| 2006-12-31 | Rp-76.43 Billion ≈ $-4.48 Million |
+62.09% |
| 2005-12-31 | Rp-201.60 Billion ≈ $-11.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bayan Resources 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 decreased by 99.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.07 Billion | 94.05% |
| Common Stock | Rp35.69 Million | 1.62% |
| Other Components | Rp95.47 Million | 4.33% |
| Total Equity | Rp2.20 Billion | 100.00% |
Bayan Resources Tbk Competitors by Market Cap
The table below lists competitors of Bayan Resources Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sieyuan Electric Co Ltd
SHE:002028
|
$22.29 Billion |
|
Zscaler Inc
NASDAQ:ZS
|
$22.30 Billion |
|
AVIVA PLC SPONS.ADR/2
F:GU80
|
$22.30 Billion |
|
Markel Corporation
NYSE:MKL
|
$22.33 Billion |
|
CHINA RES.LAND UNS.ADR/10
F:CHZ0
|
$22.25 Billion |
|
Dr Ing hcF Porsche AG
F:P911
|
$22.23 Billion |
|
Regions Financial Corporation
NYSE:RF
|
$22.20 Billion |
|
Schindler Holding AG
SW:SCHN
|
$22.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bayan Resources Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,881,336,966 to 2,204,125,323, a change of 322,788,357 (17.2%).
- Net income of 922,642,869 contributed positively to equity growth.
- Dividend payments of 800,000,040 reduced retained earnings.
- Other comprehensive income increased equity by 104,388,828.
- Other factors increased equity by 95,756,700.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp922.64 Million | +41.86% |
| Dividends Paid | Rp800.00 Million | -36.3% |
| Other Comprehensive Income | Rp104.39 Million | +4.74% |
| Other Changes | Rp95.76 Million | +4.34% |
| Total Change | Rp- | 17.16% |
Book Value vs Market Value Analysis
This analysis compares Bayan Resources 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: 172404.00x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 182.30x to 172404.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp62.53 | Rp11400.00 | x |
| 2008-12-31 | Rp0.01 | Rp11400.00 | x |
| 2009-12-31 | Rp0.01 | Rp11400.00 | x |
| 2010-12-31 | Rp0.01 | Rp11400.00 | x |
| 2011-12-31 | Rp0.01 | Rp11400.00 | x |
| 2012-12-31 | Rp0.01 | Rp11400.00 | x |
| 2013-12-31 | Rp0.01 | Rp11400.00 | x |
| 2014-12-31 | Rp0.00 | Rp11400.00 | x |
| 2015-12-31 | Rp0.00 | Rp11400.00 | x |
| 2016-12-31 | Rp0.00 | Rp11400.00 | x |
| 2017-12-31 | Rp0.01 | Rp11400.00 | x |
| 2018-12-31 | Rp0.02 | Rp11400.00 | x |
| 2019-12-31 | Rp0.02 | Rp11400.00 | x |
| 2020-12-31 | Rp0.02 | Rp11400.00 | x |
| 2021-12-31 | Rp0.05 | Rp11400.00 | x |
| 2022-12-31 | Rp0.06 | Rp11400.00 | x |
| 2023-12-31 | Rp0.06 | Rp11400.00 | x |
| 2024-12-31 | Rp0.07 | Rp11400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bayan Resources 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): 41.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.77%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.60x
- Recent ROE (41.86%) is above the historical average (31.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 118.26% | 7.32% | 1.22x | 13.26x | Rp231.37 Billion |
| 2008 | 1.04% | 0.42% | 0.72x | 3.39x | Rp-16.16 Million |
| 2009 | 6.47% | 2.01% | 1.09x | 2.95x | Rp-9.05 Million |
| 2010 | 26.16% | 8.93% | 1.03x | 2.85x | Rp52.91 Million |
| 2011 | 52.13% | 13.81% | 1.06x | 3.56x | Rp168.48 Million |
| 2012 | -3.08% | -0.71% | 0.86x | 5.08x | Rp-42.79 Million |
| 2013 | -12.70% | -3.16% | 0.73x | 5.48x | Rp-64.91 Million |
| 2014 | -94.14% | -16.71% | 0.71x | 7.90x | Rp-153.08 Million |
| 2015 | -78.27% | -13.85% | 0.50x | 11.40x | Rp-72.63 Million |
| 2016 | 25.65% | 5.18% | 0.67x | 7.36x | Rp17.55 Million |
| 2017 | 73.78% | 29.96% | 1.20x | 2.05x | Rp276.46 Million |
| 2018 | 77.09% | 29.85% | 1.46x | 1.77x | Rp435.52 Million |
| 2019 | 37.51% | 16.05% | 1.09x | 2.15x | Rp163.83 Million |
| 2020 | 39.54% | 23.56% | 0.86x | 1.95x | Rp245.59 Million |
| 2021 | 67.37% | 42.52% | 1.17x | 1.35x | Rp1.03 Billion |
| 2022 | 114.99% | 46.31% | 1.19x | 2.08x | Rp1.99 Billion |
| 2023 | 65.84% | 34.58% | 1.04x | 1.83x | Rp1.05 Billion |
| 2024 | 41.86% | 26.77% | 0.98x | 1.60x | Rp702.23 Million |
Industry Comparison
This section compares Bayan Resources Tbk's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $207,339,139,352
- Average return on equity (ROE) among peers: 8.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bayan Resources Tbk (BYAN) | Rp40.74 Trillion | 118.26% | 0.25x | $22.27 Billion |
| Abm Investama Tbk (ABMM) | $161.75 Million | -23.33% | 4.11x | $475.91 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $3.35 Billion | 4.55% | 0.78x | $4.25 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $20.13 Billion | 6.64% | 3.04x | $5.80 Million |
| Atlas Resources Tbk (ARII) | $144.31 Million | -7.38% | 1.07x | $61.97 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $-71.64 Billion | 0.00% | 0.00x | $4.10 Million |
| Baramulti Suksessarana Tbk (BSSR) | $149.89 Million | 55.25% | 0.40x | $610.20 Million |
| Bumi Resources Tbk (BUMI) | $503.61 Million | 43.77% | 6.76x | $5.22 Billion |
| Exploitasi Energi Indonesia (CNKO) | $1.91 Trillion | -31.22% | 1.71x | $397.57K |
| PT Petrindo Jaya Kreasi Tbk (CUAN) | $565.90 Million | 28.41% | 2.14x | $7.90 Billion |
About Bayan Resources Tbk
PT Bayan Resources Tbk., together with its subsidiaries, engages in the coal mining and sale in Indonesia. It operates through Coal and Non-Coal segments. The company produces high calorific value bituminous coal, bituminous low-sulphur, and low-ash coal products. It is also involved in the provision of mining contractor, coal transshipment and other port, power supply, and trading services, as w… Read more