Ciputra Development Tbk
PT Ciputra Development Tbk, together with its subsidiaries, develops and sells real estate properties in Indonesia. The company operates through Real Estate and Rental segments. It develops, sells, and maintains houses, shophouses, warehouses, apartments, office towers, malls, hotels, golf courses, waterparks, and hospitals and healthcare facilities. The company was formerly known as PT Citra Hab… Read more
Ciputra Development Tbk (CTRA) - Net Assets
Latest net assets as of June 2025: Rp25.46 Trillion IDR
Based on the latest financial reports, Ciputra Development Tbk (CTRA) has net assets worth Rp25.46 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 (Rp47.20 Trillion) and total liabilities (Rp21.73 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 | Rp25.46 Trillion |
| % of Total Assets | 53.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | 41.0% |
| 10-Year Change | 88.62% |
| Growth Volatility | 76.21 |
Ciputra Development Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Ciputra Development 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 Ciputra Development Tbk (2000–2024)
The table below shows the annual net assets of Ciputra Development Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp24.62 Trillion | +8.80% |
| 2023-12-31 | Rp22.62 Trillion | +8.19% |
| 2022-12-31 | Rp20.91 Trillion | +7.83% |
| 2021-12-31 | Rp19.39 Trillion | +11.09% |
| 2020-12-31 | Rp17.46 Trillion | -1.71% |
| 2019-12-31 | Rp17.76 Trillion | +6.71% |
| 2018-12-31 | Rp16.64 Trillion | +7.72% |
| 2017-12-31 | Rp15.45 Trillion | +8.06% |
| 2016-12-31 | Rp14.30 Trillion | +9.56% |
| 2015-12-31 | Rp13.05 Trillion | +14.26% |
| 2014-12-31 | Rp11.42 Trillion | +16.96% |
| 2013-12-31 | Rp9.77 Trillion | +15.15% |
| 2012-12-31 | Rp8.48 Trillion | +10.90% |
| 2011-12-31 | Rp7.65 Trillion | +5.45% |
| 2010-12-31 | Rp7.25 Trillion | +4.18% |
| 2009-12-31 | Rp6.96 Trillion | +5.46% |
| 2008-12-31 | Rp6.60 Trillion | +6.34% |
| 2007-12-31 | Rp6.21 Trillion | +61.24% |
| 2006-12-31 | Rp3.85 Trillion | +370.83% |
| 2005-12-31 | Rp817.67 Billion | +47.50% |
| 2004-12-31 | Rp554.36 Billion | -16.55% |
| 2003-12-31 | Rp664.28 Billion | +33.87% |
| 2002-12-31 | Rp496.23 Billion | +152.80% |
| 2001-12-31 | Rp-939.81 Billion | -139.45% |
| 2000-12-31 | Rp-392.49 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ciputra Development 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 1361730400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp13.62 Trillion | 62.29% |
| Common Stock | Rp4.63 Trillion | 21.20% |
| Other Comprehensive Income | Rp71.31 Billion | 0.33% |
| Other Components | Rp3.54 Trillion | 16.19% |
| Total Equity | Rp21.86 Trillion | 100.00% |
Ciputra Development Tbk Competitors by Market Cap
The table below lists competitors of Ciputra Development Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianjin Lisheng Pharmaceutical Co Ltd
SHE:002393
|
$371.69 Million |
|
Photo-Me International plc
F:PHQ
|
$371.70 Million |
|
Genusplus Group Ltd
AU:GNP
|
$371.81 Million |
|
BGT Group Co. Ltd.
SHE:300774
|
$371.81 Million |
|
Quality Houses Public Company Limited
BK:QH-R
|
$371.63 Million |
|
QingCloud Technologies Corp.
SHG:688316
|
$371.60 Million |
|
Zorlu Enerji Elektrik Uretim AS
IS:ZOREN
|
$371.55 Million |
|
COFCO Engineering & Technology Co Ltd
SHE:301058
|
$371.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ciputra Development Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,046,009,000,000 to 21,861,375,000,000, a change of 1,815,366,000,000 (9.1%).
- Net income of 2,126,288,000,000 contributed positively to equity growth.
- Dividend payments of 389,250,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 79,328,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp2.13 Trillion | +9.73% |
| Dividends Paid | Rp389.25 Billion | -1.78% |
| Other Comprehensive Income | Rp79.33 Billion | +0.36% |
| Other Changes | Rp-1.00 Billion | -0.0% |
| Total Change | Rp- | 9.06% |
Book Value vs Market Value Analysis
This analysis compares Ciputra Development 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: 0.59x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp-29.40 | Rp700.00 | x |
| 2006-12-31 | Rp403.74 | Rp700.00 | x |
| 2007-12-31 | Rp249.24 | Rp700.00 | x |
| 2008-12-31 | Rp258.79 | Rp700.00 | x |
| 2009-12-31 | Rp335.15 | Rp700.00 | x |
| 2010-12-31 | Rp317.81 | Rp700.00 | x |
| 2011-12-31 | Rp331.06 | Rp700.00 | x |
| 2012-12-31 | Rp362.37 | Rp700.00 | x |
| 2013-12-31 | Rp413.44 | Rp700.00 | x |
| 2014-12-31 | Rp483.62 | Rp700.00 | x |
| 2015-12-31 | Rp548.20 | Rp700.00 | x |
| 2016-12-31 | Rp495.12 | Rp700.00 | x |
| 2017-12-31 | Rp721.72 | Rp700.00 | x |
| 2018-12-31 | Rp775.47 | Rp700.00 | x |
| 2019-12-31 | Rp828.27 | Rp700.00 | x |
| 2020-12-31 | Rp827.17 | Rp700.00 | x |
| 2021-12-31 | Rp915.56 | Rp700.00 | x |
| 2022-12-31 | Rp994.73 | Rp700.00 | x |
| 2023-12-31 | Rp1081.48 | Rp700.00 | x |
| 2024-12-31 | Rp1179.42 | Rp700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ciputra Development 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): 9.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.01%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 2.15x
- Recent ROE (9.73%) is below the historical average (9.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | 7.55% | 0.20x | 0.00x | Rp88.87 Billion |
| 2006 | 20.11% | 48.25% | 0.23x | 1.81x | Rp287.62 Billion |
| 2007 | 4.43% | 12.46% | 0.18x | 1.98x | Rp-210.79 Billion |
| 2008 | 9.96% | 30.54% | 0.16x | 2.03x | Rp-1.77 Billion |
| 2009 | 4.90% | 17.07% | 0.16x | 1.84x | Rp-237.23 Billion |
| 2010 | 7.94% | 23.00% | 0.18x | 1.91x | Rp-101.25 Billion |
| 2011 | 9.67% | 22.68% | 0.19x | 2.26x | Rp-16.66 Billion |
| 2012 | 10.54% | 17.73% | 0.22x | 2.69x | Rp30.14 Billion |
| 2013 | 15.32% | 19.24% | 0.25x | 3.15x | Rp338.98 Billion |
| 2014 | 17.87% | 20.88% | 0.27x | 3.14x | Rp583.51 Billion |
| 2015 | 15.27% | 17.08% | 0.29x | 3.12x | Rp443.27 Billion |
| 2016 | 9.39% | 12.79% | 0.23x | 3.17x | Rp-55.99 Billion |
| 2017 | 6.69% | 13.88% | 0.20x | 2.37x | Rp-443.41 Billion |
| 2018 | 8.25% | 15.46% | 0.22x | 2.39x | Rp-251.90 Billion |
| 2019 | 7.54% | 15.22% | 0.21x | 2.36x | Rp-377.29 Billion |
| 2020 | 8.61% | 16.36% | 0.21x | 2.56x | Rp-212.46 Billion |
| 2021 | 10.23% | 17.84% | 0.24x | 2.40x | Rp38.27 Billion |
| 2022 | 10.10% | 20.41% | 0.22x | 2.27x | Rp18.60 Billion |
| 2023 | 9.21% | 19.97% | 0.21x | 2.20x | Rp-158.51 Billion |
| 2024 | 9.73% | 19.01% | 0.24x | 2.15x | Rp-59.85 Billion |
Industry Comparison
This section compares Ciputra Development 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: $1,998,725,518,942
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ciputra Development Tbk (CTRA) | Rp25.46 Trillion | 0.00% | 0.85x | $371.65 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 |
| Wulandari Bangun Laksana (BSBK) | $1.65 Trillion | 0.24% | 0.53x | $13.48 Million |