Aksara Global Development Tbk PT (GAMA) - Net Assets
Based on the latest financial reports, Aksara Global Development Tbk PT (GAMA) has net assets worth Rp1.05 Trillion IDR (≈ $61.43 Million USD) as of September 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.38 Trillion ≈ $80.68 Million USD) and total liabilities (Rp328.54 Billion ≈ $19.25 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 Aksara Global Development Tbk PT liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp1.05 Trillion |
| % of Total Assets | 76.14% |
| Annual Growth Rate | 5.61% |
| 5-Year Change | -2.51% |
| 10-Year Change | 4.22% |
| Growth Volatility | 19.59 |
Aksara Global Development Tbk PT - Net Assets Trend (2011–2021)
This chart illustrates how Aksara Global Development Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore Aksara Global Development Tbk PT assets under control for the complete picture of this company's asset base.
Annual Net Assets for Aksara Global Development Tbk PT (2011–2021)
The table below shows the annual net assets of Aksara Global Development Tbk PT from 2011 to 2021. For live valuation and market cap data, see Aksara Global Development Tbk PT (GAMA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | Rp1.07 Trillion ≈ $62.74 Million |
-1.64% |
| 2020-12-31 | Rp1.09 Trillion ≈ $63.78 Million |
-1.21% |
| 2019-12-31 | Rp1.10 Trillion ≈ $64.56 Million |
+0.19% |
| 2018-12-31 | Rp1.10 Trillion ≈ $64.44 Million |
+0.14% |
| 2017-12-31 | Rp1.10 Trillion ≈ $64.35 Million |
+0.04% |
| 2016-12-31 | Rp1.10 Trillion ≈ $64.32 Million |
+0.10% |
| 2015-12-31 | Rp1.10 Trillion ≈ $64.25 Million |
+0.45% |
| 2014-12-31 | Rp1.09 Trillion ≈ $63.96 Million |
+4.53% |
| 2013-12-31 | Rp1.04 Trillion ≈ $61.19 Million |
+1.66% |
| 2012-12-31 | Rp1.03 Trillion ≈ $60.20 Million |
+65.57% |
| 2011-12-31 | Rp620.48 Billion ≈ $36.36 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Aksara Global Development Tbk PT'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 484.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp58.13 Billion | 5.43% |
| Common Stock | Rp1.00 Trillion | 93.56% |
| Other Comprehensive Income | Rp2.17 Billion | 0.20% |
| Other Components | Rp8.65 Billion | 0.81% |
| Total Equity | Rp1.07 Trillion | 100.00% |
Aksara Global Development Tbk PT Competitors by Market Cap
The table below lists competitors of Aksara Global Development Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Loyal Textile Mills Limited
NSE:LOYALTEX
|
$10.57 Million |
|
REC Silicon ASA
OL:RECSI
|
$10.58 Million |
|
OFAL
NASDAQ:OFAL
|
$10.59 Million |
|
SiamEast Solutions Public Company Limited
BK:SE
|
$10.59 Million |
|
SciDev Limited
F:INFA
|
$10.56 Million |
|
Intelicare Holdings Ltd
AU:ICR
|
$10.55 Million |
|
NEWMARK SECURITY LS-005
F:NN10
|
$10.54 Million |
|
Reliance Home Finance Limited
NSE:RHFL
|
$10.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aksara Global Development Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 1,087,513,489,986 to 1,070,058,457,954, a change of -17,455,032,032 (-1.6%).
- Net loss of 17,873,669,612 reduced equity.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-17.87 Billion | -1.67% |
| Other Changes | Rp418.64 Million | +0.04% |
| Total Change | Rp- | -1.61% |
Book Value vs Market Value Analysis
This analysis compares Aksara Global Development Tbk PT'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: 0.17x
- 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 0.04x to 0.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Rp513.16 | Rp18.00 | x |
| 2012-12-31 | Rp189.94 | Rp18.00 | x |
| 2013-12-31 | Rp91.79 | Rp18.00 | x |
| 2014-12-31 | Rp109.02 | Rp18.00 | x |
| 2015-12-31 | Rp109.52 | Rp18.00 | x |
| 2016-12-31 | Rp109.63 | Rp18.00 | x |
| 2017-12-31 | Rp109.66 | Rp18.00 | x |
| 2018-12-31 | Rp109.78 | Rp18.00 | x |
| 2019-12-31 | Rp109.96 | Rp18.00 | x |
| 2020-12-31 | Rp108.63 | Rp18.00 | x |
| 2021-12-31 | Rp106.89 | Rp18.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aksara Global Development Tbk PT 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): -1.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -71.73%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.29x
- Recent ROE (-1.67%) is below the historical average (0.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.64% | 7.02% | 0.05x | 1.69x | Rp-57.69 Billion |
| 2012 | 0.43% | 5.46% | 0.07x | 1.21x | Rp-97.65 Billion |
| 2013 | 1.91% | 16.51% | 0.09x | 1.24x | Rp-84.45 Billion |
| 2014 | 4.33% | 30.65% | 0.11x | 1.27x | Rp-61.88 Billion |
| 2015 | 0.46% | 4.25% | 0.09x | 1.22x | Rp-104.55 Billion |
| 2016 | 0.11% | 2.27% | 0.04x | 1.23x | Rp-108.54 Billion |
| 2017 | 0.02% | 0.33% | 0.05x | 1.28x | Rp-109.56 Billion |
| 2018 | 0.11% | 1.57% | 0.06x | 1.25x | Rp-108.68 Billion |
| 2019 | 0.15% | 2.25% | 0.05x | 1.26x | Rp-108.41 Billion |
| 2020 | -1.22% | -32.88% | 0.03x | 1.29x | Rp-121.99 Billion |
| 2021 | -1.67% | -71.73% | 0.02x | 1.29x | Rp-124.88 Billion |
Industry Comparison
This section compares Aksara Global Development Tbk PT's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $2,982,914,972,543
- Average return on equity (ROE) among peers: 4.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aksara Global Development Tbk PT (GAMA) | Rp1.05 Trillion | 0.64% | 0.31x | $10.56 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.46 Trillion | 4.27% | 1.57x | $66.41 Million |
| Makmur Berkah Amanda Pt (AMAN) | $766.24 Billion | 7.66% | 0.74x | $58.10 Million |
| Agung Podomoro Land Tbk (APLN) | $13.45 Trillion | 8.05% | 1.11x | $279.32 Million |
| Alam Sutera Realty Tbk (ASRI) | $1.76 Trillion | 3.34% | 0.73x | $153.13 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $92.50 Billion | 5.43% | 0.90x | $9.23 Million |
| Bhakti Agung Propertindo (BAPI) | $9.21 Billion | 1.53% | 28.97x | $9.50 Million |
| Bumi Citra Permai Tbk (BCIP) | $305.36 Billion | 16.14% | 1.58x | $5.53 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $-344.95 Billion | 0.00% | 0.00x | $1.91 Million |
| Sentul City Tbk (BKSL) | $10.25 Trillion | -5.43% | 0.79x | $2.22 Million |
| Bumi Serpong Damai Tbk (BSDE) | $1.08 Trillion | 0.00% | 1.83x | $943.59 Million |
About Aksara Global Development Tbk PT
PT Aksara Global Development Tbk develops real estate properties in Indonesia. It operates through Apartments and Houses segments. The company's property portfolio includes land, apartments, shop houses, houses, and other properties. It also constructs buildings, bridges, roads, docks, housing buildings, schools, recreational parks, market or modern markets, hospitals, and other buildings; and of… Read more