Radana Bhaskara Finance Tbk Net Assets
Radana Bhaskara Finance Tbk net assets. Based on the latest financial reports, Radana Bhaskara Finance Tbk (HDFA) has net assets worth Rp570.26 Billion IDR (≈ $33.41 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp3.64 Trillion ≈ $213.45 Million USD) and total liabilities (Rp3.07 Trillion ≈ $180.03 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. Also explore HDFA net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp570.26 Billion |
| % of Total Assets | 15.65% |
| Annual Growth Rate | 10.94% |
| 5-Year Change | -0.68% |
| 10-Year Change | 15.33% |
| Growth Volatility | 39.86 |
Net Assets of Radana Bhaskara Finance Tbk (2009–2024)
Net assets of Radana Bhaskara Finance Tbk from 2009 to 2024. This chart illustrates how Radana Bhaskara Finance Tbk's net assets have evolved over time, based on quarterly financial data. See Radana Bhaskara Finance Tbk balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Radana Bhaskara Finance Tbk (2009–2024)
The table below shows the annual net assets of Radana Bhaskara Finance Tbk from 2009 to 2024. For live market cap and overall valuation, see Radana Bhaskara Finance Tbk market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp572.75 Billion ≈ $33.56 Million |
-6.98% |
| 2023-12-31 | Rp615.75 Billion ≈ $36.08 Million |
-14.52% |
| 2022-12-31 | Rp720.37 Billion ≈ $42.21 Million |
-0.41% |
| 2021-12-31 | Rp723.35 Billion ≈ $42.39 Million |
+25.44% |
| 2020-12-31 | Rp576.67 Billion ≈ $33.79 Million |
-16.69% |
| 2019-12-31 | Rp692.18 Billion ≈ $40.56 Million |
+121.42% |
| 2018-12-31 | Rp312.61 Billion ≈ $18.32 Million |
-40.43% |
| 2017-12-31 | Rp524.76 Billion ≈ $30.75 Million |
+2.23% |
| 2016-12-31 | Rp513.33 Billion ≈ $30.08 Million |
+3.37% |
| 2015-12-31 | Rp496.61 Billion ≈ $29.10 Million |
+59.97% |
| 2014-12-31 | Rp310.44 Billion ≈ $18.19 Million |
+13.92% |
| 2013-12-31 | Rp272.50 Billion ≈ $15.97 Million |
+6.72% |
| 2012-12-31 | Rp255.34 Billion ≈ $14.96 Million |
+6.25% |
| 2011-12-31 | Rp240.32 Billion ≈ $14.08 Million |
+80.45% |
| 2010-12-31 | Rp133.17 Billion ≈ $7.80 Million |
+10.40% |
| 2009-12-31 | Rp120.63 Billion ≈ $7.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Radana Bhaskara Finance 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 3458.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Radana Bhaskara Finance Tbk Net Assets Breakdown (December 2024)
Radana Bhaskara Finance Tbk net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp654.24 Billion | 114.23% |
| Other Components | Rp342.56 Billion | 59.81% |
| Total Equity | Rp572.75 Billion | 100.00% |
Radana Bhaskara Finance Tbk Competitors by Market Cap
The table below lists competitors of Radana Bhaskara Finance Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aether Holdings, Inc.
NASDAQ:ATHR
|
$31.83 Million |
|
Alpha Trust Andromeda Investment Trust S.A
AT:ANDRO
|
$31.83 Million |
|
PPAP Automotive Limited
NSE:PPAP
|
$31.83 Million |
|
Matsa Resources Ltd
AU:MAT
|
$31.84 Million |
|
PGF Polska Grupa Fotowoltaiczna SA
WAR:PGV
|
$31.81 Million |
|
Manx Financial Group PLC
F:3IM
|
$31.80 Million |
|
Shemaroo Entertainment Limited
NSE:SHEMAROO
|
$31.80 Million |
|
Mitie Group PLC
LSE:MTO
|
$31.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Radana Bhaskara Finance Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 615,752,237,000 to 572,749,558,000, a change of -43,002,679,000 (-7.0%).
- Net loss of 43,164,126,000 reduced equity.
- Other comprehensive income decreased equity by 6,910,960,000.
- Other factors increased equity by 7,072,407,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-43.16 Billion | -7.54% |
| Other Comprehensive Income | Rp-6.91 Billion | -1.21% |
| Other Changes | Rp7.07 Billion | +1.23% |
| Total Change | Rp- | -6.98% |
Book Value vs Market Value Analysis
This analysis compares Radana Bhaskara Finance 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: 0.95x
- 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 0.39x to 0.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp211.75 | Rp83.00 | x |
| 2017-12-31 | Rp216.46 | Rp83.00 | x |
| 2018-12-31 | Rp95.78 | Rp83.00 | x |
| 2019-12-31 | Rp242.22 | Rp83.00 | x |
| 2020-12-31 | Rp83.07 | Rp83.00 | x |
| 2021-12-31 | Rp96.18 | Rp83.00 | x |
| 2022-12-31 | Rp102.85 | Rp83.00 | x |
| 2023-12-31 | Rp94.12 | Rp83.00 | x |
| 2024-12-31 | Rp87.54 | Rp83.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Radana Bhaskara Finance 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): -7.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.90%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 5.57x
- Recent ROE (-7.54%) is above the historical average (-9.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 8.76% | 9.53% | 0.18x | 5.16x | Rp-2.97 Billion |
| 2012 | 5.88% | 5.27% | 0.18x | 6.22x | Rp-10.51 Billion |
| 2013 | 6.30% | 5.96% | 0.15x | 6.86x | Rp-10.09 Billion |
| 2014 | 12.40% | 10.13% | 0.15x | 8.23x | Rp7.44 Billion |
| 2015 | 8.03% | 7.29% | 0.18x | 6.21x | Rp-9.81 Billion |
| 2016 | 4.99% | 5.39% | 0.13x | 7.02x | Rp-25.70 Billion |
| 2017 | 3.40% | 3.80% | 0.12x | 7.34x | Rp-34.62 Billion |
| 2018 | -121.36% | -2160.65% | 0.01x | 9.74x | Rp-305.00 Billion |
| 2019 | -33.60% | -202.50% | 0.08x | 2.00x | Rp-259.14 Billion |
| 2020 | -19.64% | -222.34% | 0.06x | 1.52x | Rp-150.11 Billion |
| 2021 | 5.64% | 22.51% | 0.12x | 2.03x | Rp-27.44 Billion |
| 2022 | 6.21% | 20.90% | 0.12x | 2.58x | Rp-25.48 Billion |
| 2023 | -9.27% | -22.17% | 0.10x | 4.00x | Rp-118.67 Billion |
| 2024 | -7.54% | -11.90% | 0.11x | 5.57x | Rp-100.44 Billion |
Industry Comparison
This section compares Radana Bhaskara Finance Tbk's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $1,073,906,146,981
- Average return on equity (ROE) among peers: 0.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Radana Bhaskara Finance Tbk (HDFA) | Rp570.26 Billion | 8.76% | 5.39x | $31.82 Million |
| Adira Dinamika Multi Finance (ADMF) | $4.98 Trillion | 20.28% | 4.55x | $560.37 Million |
| Buana Finance Tbk (BBLD) | $1.01 Trillion | 14.80% | 2.44x | $59.79 Million |
| BFI Finance Indonesia Tbk (BFIN) | $2.37 Trillion | 17.98% | 1.24x | $655.67 Million |
| Batavia Prosperindo Finance (BPFI) | $150.86 Billion | 17.20% | 0.90x | $38.23 Million |
| Clipan Finance Indonesia Tbk (CFIN) | $292.99 Billion | 0.00% | 0.58x | $77.51 Million |
| Danasupra Erapacific Tbk (DEFI) | $51.15 Billion | 1.22% | 0.02x | $2.85 Million |
| Fuji Finance Indonesia Tbk PT (FUJI) | $161.33 Billion | 2.40% | 0.02x | $15.39 Million |
| Intan Baruprana Finance Tbk (IBFN) | $339.93 Billion | -93.31% | 6.17x | $4.88 Million |
| Mandala Multifinance Tbk (MFIN) | $310.73 Billion | 25.22% | 3.87x | $232.92 Million |
About Radana Bhaskara Finance Tbk
PT Radana Bhaskara Finance Tbk primarily engages in financing activities in Indonesia. The company offers financing services, such as working capital financing, investment financing, multipurpose financing, asset-based financing, financing factoring, services financing, and other financing. The company was formerly known as PT HD Finance Tbk and changed its name to PT Radana Bhaskara Finance Tbk … Read more