PT Minahasa Membangun Hebat Tbk
PT Minahasa Membangun Hebat Tbk engages in the property development business in Indonesia. It also provides internal facilities for residents, including the clubhouse, panoramic swimming pool, barbeque pit, and communal area. PT Minahasa Membangun Hebat Tbk was founded in 2020 and is headquartered in Minahasa, Indonesia.
PT Minahasa Membangun Hebat Tbk (HBAT) - Net Assets
Latest net assets as of June 2025: Rp80.41 Billion IDR
Based on the latest financial reports, PT Minahasa Membangun Hebat Tbk (HBAT) has net assets worth Rp80.41 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp81.88 Billion) and total liabilities (Rp1.46 Billion). 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 | Rp80.41 Billion |
| % of Total Assets | 98.21% |
| Annual Growth Rate | 46.95% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 40.28 |
PT Minahasa Membangun Hebat Tbk - Net Assets Trend (2022–2024)
This chart illustrates how PT Minahasa Membangun Hebat 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 PT Minahasa Membangun Hebat Tbk (2022–2024)
The table below shows the annual net assets of PT Minahasa Membangun Hebat Tbk from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp78.30 Billion | +12.13% |
| 2023-12-31 | Rp69.83 Billion | +92.69% |
| 2022-12-31 | Rp36.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Minahasa Membangun Hebat 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 112.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp34.51 Billion | 44.08% |
| Common Stock | Rp26.02 Billion | 33.23% |
| Other Components | Rp17.77 Billion | 22.69% |
| Total Equity | Rp78.30 Billion | 100.00% |
PT Minahasa Membangun Hebat Tbk Competitors by Market Cap
The table below lists competitors of PT Minahasa Membangun Hebat Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongil Technology Ltd
KQ:032960
|
$4.94 Million |
|
Copper Strike Ltd
AU:CSE
|
$4.95 Million |
|
Golden Pursuit Resources Ltd
PINK:FPVTF
|
$4.95 Million |
|
Przedsiebiorstwo Przemyslu Spozywczego PEPEES S.A.
WAR:PPS
|
$4.95 Million |
|
Sumeet Industries Limited
NSE:SUMEETINDS
|
$4.94 Million |
|
AMEN Properties Inc
PINK:AMEN
|
$4.94 Million |
|
Blackbird Critical Metals Corp
OTCQB:BBCMF
|
$4.94 Million |
|
White Energy Company Limited
PINK:WECFF
|
$4.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Minahasa Membangun Hebat Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,828,963,520 to 78,300,851,120, a change of 8,471,887,600 (12.1%).
- Net income of 8,470,095,830 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp8.47 Billion | +10.82% |
| Other Changes | Rp1.79 Million | +0.0% |
| Total Change | Rp- | 12.13% |
Book Value vs Market Value Analysis
This analysis compares PT Minahasa Membangun Hebat 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: 4.44x
- 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 decreased from 9.59x to 4.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Rp34.82 | Rp334.00 | x |
| 2023-12-31 | Rp67.10 | Rp334.00 | x |
| 2024-12-31 | Rp75.24 | Rp334.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Minahasa Membangun Hebat 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): 10.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.46%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.05x
- Recent ROE (10.82%) is below the historical average (21.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 38.38% | 41.07% | 0.86x | 1.09x | Rp10.29 Billion |
| 2023 | 13.83% | 25.74% | 0.53x | 1.01x | Rp2.67 Billion |
| 2024 | 10.82% | 21.46% | 0.48x | 1.05x | Rp640.01 Million |
Industry Comparison
This section compares PT Minahasa Membangun Hebat 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 |
|---|---|---|---|---|
| PT Minahasa Membangun Hebat Tbk (HBAT) | Rp80.41 Billion | 38.38% | 0.02x | $4.94 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 |