Bakrieland Development Tbk
PT Bakrieland Development Tbk operates as an integrated property company in Indonesia. The company develops and sells urban properties, landed residential estates, office buildings, malls, commercial areas, hotels, and resorts, as well as theme parks and food courts. It also rents and manages offices, spaces, and courts; manages theme parks and recreation parks; operates and manages hotels; and p… Read more
Bakrieland Development Tbk (ELTY) - Net Assets
Latest net assets as of September 2025: Rp6.04 Trillion IDR
Based on the latest financial reports, Bakrieland Development Tbk (ELTY) has net assets worth Rp6.04 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp8.83 Trillion) and total liabilities (Rp2.79 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 | Rp6.04 Trillion |
| % of Total Assets | 68.37% |
| Annual Growth Rate | 12.24% |
| 5-Year Change | -28.59% |
| 10-Year Change | -9.72% |
| Growth Volatility | 58.38 |
Bakrieland Development Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Bakrieland 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 Bakrieland Development Tbk (2000–2024)
The table below shows the annual net assets of Bakrieland Development Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp6.02 Trillion | -1.75% |
| 2023-12-31 | Rp6.13 Trillion | -15.34% |
| 2022-12-31 | Rp7.24 Trillion | -11.12% |
| 2021-12-31 | Rp8.15 Trillion | -3.42% |
| 2020-12-31 | Rp8.44 Trillion | -4.25% |
| 2019-12-31 | Rp8.81 Trillion | -8.80% |
| 2018-12-31 | Rp9.66 Trillion | +56.72% |
| 2017-12-31 | Rp6.16 Trillion | -3.68% |
| 2016-12-31 | Rp6.40 Trillion | -4.11% |
| 2015-12-31 | Rp6.67 Trillion | -12.36% |
| 2014-12-31 | Rp7.61 Trillion | +6.26% |
| 2013-12-31 | Rp7.17 Trillion | -21.81% |
| 2012-12-31 | Rp9.16 Trillion | -15.94% |
| 2011-12-31 | Rp10.90 Trillion | +4.01% |
| 2010-12-31 | Rp10.48 Trillion | +80.76% |
| 2009-12-31 | Rp5.80 Trillion | +11.48% |
| 2008-12-31 | Rp5.20 Trillion | +23.85% |
| 2007-12-31 | Rp4.20 Trillion | +208.96% |
| 2006-12-31 | Rp1.36 Trillion | +5.77% |
| 2005-12-31 | Rp1.29 Trillion | +124.39% |
| 2004-12-31 | Rp572.71 Billion | +20.04% |
| 2003-12-31 | Rp477.11 Billion | +140.37% |
| 2002-12-31 | Rp198.49 Billion | +6.51% |
| 2001-12-31 | Rp186.35 Billion | -50.59% |
| 2000-12-31 | Rp377.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bakrieland 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 decreased by 135839400000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp4.91 Trillion | 88.47% |
| Other Comprehensive Income | Rp-754.99 Billion | -13.60% |
| Other Components | Rp2.75 Trillion | 49.59% |
| Total Equity | Rp5.55 Trillion | 100.00% |
Bakrieland Development Tbk Competitors by Market Cap
The table below lists competitors of Bakrieland Development Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HYDROTEC
BE:HYW
|
$23.94 |
|
STRATEX INTL (S1Y.SG)
STU:S1Y
|
$24.00 |
|
Zann Corp
PINK:ZNNC
|
$24.29 |
|
AUSTIN LAZ & COMPANY PLC
XNSA:AUSTINLAZ
|
$24.33 |
|
Affymax Inc.
PINK:AFFY
|
$23.47 |
|
Unlimit Group A/S
CO:UNLGRP
|
$23.39 |
|
Liberty Metals Ltd
AU:LIB
|
$23.28 |
|
PH Resorts Group Holdings Inc
PSE:PHR
|
$22.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bakrieland Development Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,625,879,000,000 to 5,552,269,000,000, a change of -73,610,000,000 (-1.3%).
- Net loss of 68,528,000,000 reduced equity.
- Other comprehensive income decreased equity by 5,082,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-68.53 Billion | -1.23% |
| Other Comprehensive Income | Rp-5.08 Billion | -0.09% |
| Total Change | Rp- | -1.31% |
Book Value vs Market Value Analysis
This analysis compares Bakrieland 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: 0.32x
- 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 increased from 0.01x to 0.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp6785.31 | Rp41.00 | x |
| 2006-12-31 | Rp2141.85 | Rp41.00 | x |
| 2007-12-31 | Rp2594.95 | Rp41.00 | x |
| 2008-12-31 | Rp2205.86 | Rp41.00 | x |
| 2009-12-31 | Rp2009.50 | Rp41.00 | x |
| 2010-12-31 | Rp2520.60 | Rp41.00 | x |
| 2011-12-31 | Rp2107.60 | Rp41.00 | x |
| 2012-12-31 | Rp1678.74 | Rp41.00 | x |
| 2013-12-31 | Rp1630.25 | Rp41.00 | x |
| 2014-12-31 | Rp1725.91 | Rp41.00 | x |
| 2015-12-31 | Rp1510.00 | Rp41.00 | x |
| 2016-12-31 | Rp1393.96 | Rp41.00 | x |
| 2017-12-31 | Rp1316.13 | Rp41.00 | x |
| 2018-12-31 | Rp189.18 | Rp41.00 | x |
| 2019-12-31 | Rp173.63 | Rp41.00 | x |
| 2020-12-31 | Rp167.07 | Rp41.00 | x |
| 2021-12-31 | Rp162.09 | Rp41.00 | x |
| 2022-12-31 | Rp153.79 | Rp41.00 | x |
| 2023-12-31 | Rp129.27 | Rp41.00 | x |
| 2024-12-31 | Rp127.57 | Rp41.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bakrieland 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): -1.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.59%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.57x
- Recent ROE (-1.23%) is below the historical average (1.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.95% | 32.13% | 0.04x | 3.61x | Rp-10.02 Billion |
| 2003 | 42.26% | 166.99% | 0.18x | 1.43x | Rp153.92 Billion |
| 2004 | 6.75% | 20.49% | 0.15x | 2.25x | Rp-17.66 Billion |
| 2005 | 8.11% | 31.63% | 0.13x | 2.04x | Rp-23.50 Billion |
| 2006 | 5.34% | 17.89% | 0.16x | 1.82x | Rp-61.51 Billion |
| 2007 | 3.35% | 17.70% | 0.14x | 1.38x | Rp-274.89 Billion |
| 2008 | 6.13% | 26.24% | 0.13x | 1.85x | Rp-174.29 Billion |
| 2009 | 3.47% | 15.20% | 0.09x | 2.50x | Rp-303.28 Billion |
| 2010 | 2.62% | 15.38% | 0.08x | 2.13x | Rp-591.79 Billion |
| 2011 | 0.90% | 3.71% | 0.11x | 2.12x | Rp-759.94 Billion |
| 2012 | -16.45% | -40.76% | 0.19x | 2.09x | Rp-1.93 Trillion |
| 2013 | -3.26% | -6.95% | 0.27x | 1.73x | Rp-940.59 Billion |
| 2014 | 6.23% | 29.61% | 0.11x | 1.93x | Rp-283.25 Billion |
| 2015 | -11.05% | -52.04% | 0.10x | 2.24x | Rp-1.38 Trillion |
| 2016 | -9.03% | -32.47% | 0.12x | 2.32x | Rp-1.15 Trillion |
| 2017 | -4.74% | -21.91% | 0.09x | 2.46x | Rp-844.34 Billion |
| 2018 | 33.42% | 250.97% | 0.08x | 1.65x | Rp1.93 Trillion |
| 2019 | -10.81% | -83.53% | 0.08x | 1.63x | Rp-1.57 Trillion |
| 2020 | -4.49% | -52.96% | 0.05x | 1.63x | Rp-1.05 Trillion |
| 2021 | -3.88% | -34.87% | 0.07x | 1.66x | Rp-978.99 Billion |
| 2022 | -3.67% | -23.88% | 0.10x | 1.48x | Rp-914.62 Billion |
| 2023 | -19.18% | -84.75% | 0.15x | 1.54x | Rp-1.64 Trillion |
| 2024 | -1.23% | -5.59% | 0.14x | 1.57x | Rp-623.75 Billion |
Industry Comparison
This section compares Bakrieland Development Tbk's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,184,392,339,582
- Average return on equity (ROE) among peers: 4.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bakrieland Development Tbk (ELTY) | Rp6.04 Trillion | 4.95% | 0.46x | $23.70 |
| Bekasi Fajar Industrial Estate (BEST) | $2.85 Trillion | 13.72% | 0.28x | $25.77 Million |
| Bukit Darmo Property Tbk (BKDP) | $381.91 Billion | -9.06% | 0.99x | $3.44 Million |
| PT Bangun Kosambi Sukses Tbk (CBDK) | $432.24 Million | 17.46% | 29.38x | $167.95 Million |
| Diamond Citra Propertindo PT (DADA) | $343.31 Billion | 1.48% | 0.84x | $12.24 Million |
| Duta Anggada Realty Tbk (DART) | $739.01 Billion | 3.64% | 2.47x | $2.35 Million |
| PT Dafam Property Indonesia Tbk (DFAM) | $-55.42 Billion | 0.00% | 0.00x | $7.90 Million |
| Megapolitan Developments Tbk (EMDE) | $602.96 Billion | 7.43% | 0.96x | $3.83 Million |
| Indonesian Paradise Property (INPP) | $5.77 Trillion | -8.38% | 0.33x | $94.75 Million |
| Era Graharealty PT Tbk (IPAC) | $25.78 Billion | 15.17% | 0.28x | $834.38K |