Radana Bhaskara Finance Tbk (HDFA) - Net Assets

Latest as of September 2025: Rp570.26 Billion IDR ≈ $33.41 Million USD

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. Check Radana Bhaskara Finance Tbk asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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

Radana Bhaskara Finance Tbk - Net Assets Trend (2009–2024)

This chart illustrates how Radana Bhaskara Finance Tbk's net assets have evolved over time, based on quarterly financial data. Also explore HDFA total asset value for the complete picture of this company's asset base.

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 valuation and market cap data, see how much is Radana Bhaskara Finance Tbk worth.

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	--

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.

Current Equity Component Breakdown (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
TechPrecision Corporation Common stock NASDAQ:TPCS	$42.56 Million
AMICCOM Electronics TWO:5272	$42.58 Million
reAlpha Tech Corp. Common Stock NASDAQ:AIRE	$42.58 Million
Prodways Group SA PA:PWG	$42.59 Million
Hunan Tyen Machinery Co Ltd B SHG:900946	$42.55 Million
Jerash Holdings US Inc NASDAQ:JRSH	$42.54 Million
Asia Plastic Recycling Holding Ltd TW:1337	$42.54 Million
Sentien Printing Factory Co Ltd TWO:8410	$42.54 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: 1.27x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.52x to 1.27x 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	Rp111.00	x
2017-12-31	Rp216.46	Rp111.00	x
2018-12-31	Rp95.78	Rp111.00	x
2019-12-31	Rp242.22	Rp111.00	x
2020-12-31	Rp83.07	Rp111.00	x
2021-12-31	Rp96.18	Rp111.00	x
2022-12-31	Rp102.85	Rp111.00	x
2023-12-31	Rp94.12	Rp111.00	x
2024-12-31	Rp87.54	Rp111.00	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: $2,111,976,356,854
Average return on equity (ROE) among peers: 10.24%

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	$42.55 Million
Adira Dinamika Multi Finance (ADMF)	$11.56 Trillion	12.17%	1.82x	$632.22 Million
Buana Finance Tbk (BBLD)	$-313.70 Billion	0.00%	0.00x	$64.13 Million
BFI Finance Indonesia Tbk (BFIN)	$611.95 Billion	16.06%	0.84x	$704.07 Million
Batavia Prosperindo Finance (BPFI)	$130.28 Billion	12.93%	0.80x	$41.68 Million
Clipan Finance Indonesia Tbk (CFIN)	$4.71 Trillion	7.68%	1.58x	$78.45 Million
Danasupra Erapacific Tbk (DEFI)	$59.97 Billion	14.75%	0.02x	$6.34 Million
Fuji Finance Indonesia Tbk PT (FUJI)	$98.96 Billion	2.38%	0.00x	$24.83 Million
Intan Baruprana Finance Tbk (IBFN)	$564.52 Billion	10.76%	4.39x	$7.02 Million
Mandala Multifinance Tbk (MFIN)	$1.59 Trillion	15.46%	1.88x	$232.92 Million

About Radana Bhaskara Finance Tbk

JK:HDFA Indonesia Credit Services

Market Cap

$42.55 Million

Rp726.21 Billion IDR

Market Cap Rank

#22472 Global

#460 in Indonesia

Share Price

Rp111.00

Change (1 day)

-0.89%

52-Week Range

Rp88.00 - Rp193.00

All Time High

Rp326.74