Hartadinata Abadi Tbk PT (HRTA) - Net Assets
Based on the latest financial reports, Hartadinata Abadi Tbk PT (HRTA) has net assets worth Rp3.66 Trillion IDR (≈ $214.71 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp13.76 Trillion ≈ $806.54 Million USD) and total liabilities (Rp10.10 Trillion ≈ $591.83 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 how tangible is Hartadinata Abadi Tbk PT's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp3.66 Trillion |
| % of Total Assets | 26.62% |
| Annual Growth Rate | 23.85% |
| 5-Year Change | 113.17% |
| 10-Year Change | 467.49% |
| Growth Volatility | 19.37 |
Hartadinata Abadi Tbk PT - Net Assets Trend (2014–2025)
This chart illustrates how Hartadinata Abadi Tbk PT's net assets have evolved over time, based on quarterly financial data. See HRTA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hartadinata Abadi Tbk PT (2014–2025)
The table below shows the annual net assets of Hartadinata Abadi Tbk PT from 2014 to 2025. For live valuation and market cap data, see HRTA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp3.23 Trillion ≈ $189.31 Million |
+37.49% |
| 2024-12-31 | Rp2.35 Trillion ≈ $137.69 Million |
+19.12% |
| 2023-12-31 | Rp1.97 Trillion ≈ $115.59 Million |
+14.51% |
| 2022-12-31 | Rp1.72 Trillion ≈ $100.94 Million |
+13.66% |
| 2021-12-31 | Rp1.52 Trillion ≈ $88.81 Million |
+11.69% |
| 2020-12-31 | Rp1.36 Trillion ≈ $79.51 Million |
+12.03% |
| 2019-12-31 | Rp1.21 Trillion ≈ $70.97 Million |
+10.85% |
| 2018-12-31 | Rp1.09 Trillion ≈ $64.03 Million |
+9.65% |
| 2017-12-31 | Rp996.52 Billion ≈ $58.39 Million |
+75.04% |
| 2016-12-31 | Rp569.30 Billion ≈ $33.36 Million |
+45.12% |
| 2015-12-31 | Rp392.29 Billion ≈ $22.99 Million |
+27.70% |
| 2014-12-31 | Rp307.20 Billion ≈ $18.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hartadinata Abadi 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 629.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.21 Trillion | 68.48% |
| Common Stock | Rp460.53 Billion | 14.30% |
| Other Comprehensive Income | Rp350.40 Billion | 10.88% |
| Other Components | Rp204.25 Billion | 6.34% |
| Total Equity | Rp3.22 Trillion | 100.00% |
Hartadinata Abadi Tbk PT Competitors by Market Cap
The table below lists competitors of Hartadinata Abadi Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sable Offshore Corp.
NYSE:SOC
|
$586.10 Million |
|
ENCE Energía y Celulosa S.A
MC:ENC
|
$586.18 Million |
|
Alpha Networks Inc
TW:3380
|
$586.26 Million |
|
Danske Andelskassers Bank A/S
CO:DAB
|
$586.30 Million |
|
TOMTOM N.V.ADRS 1/2 EO-20
F:OEMB
|
$585.53 Million |
|
MRV Engenharia e Participações S.A
SA:MRVE3
|
$585.31 Million |
|
Kvika banki hf
IC:KVIKA
|
$585.16 Million |
|
Movado Group Inc
NYSE:MOV
|
$585.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hartadinata Abadi Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,339,995,153,000 to 3,220,656,577,000, a change of 880,661,424,000 (37.6%).
- Net income of 978,493,184,000 contributed positively to equity growth.
- Dividend payments of 96,710,510,000 reduced retained earnings.
- Other comprehensive income increased equity by 88,544,005,000.
- Other factors decreased equity by 89,665,255,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp978.49 Billion | +30.38% |
| Dividends Paid | Rp96.71 Billion | -3.0% |
| Other Comprehensive Income | Rp88.54 Billion | +2.75% |
| Other Changes | Rp-89.67 Billion | -2.78% |
| Total Change | Rp- | 37.64% |
Book Value vs Market Value Analysis
This analysis compares Hartadinata Abadi 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: 3.10x
- 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 32.53x to 3.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | Rp66.71 | Rp2170.00 | x |
| 2015-12-31 | Rp85.18 | Rp2170.00 | x |
| 2016-12-31 | Rp123.62 | Rp2170.00 | x |
| 2017-12-31 | Rp243.88 | Rp2170.00 | x |
| 2018-12-31 | Rp237.27 | Rp2170.00 | x |
| 2019-12-31 | Rp262.92 | Rp2170.00 | x |
| 2020-12-31 | Rp293.70 | Rp2170.00 | x |
| 2021-12-31 | Rp328.06 | Rp2170.00 | x |
| 2022-12-31 | Rp372.92 | Rp2170.00 | x |
| 2023-12-31 | Rp427.14 | Rp2170.00 | x |
| 2024-12-31 | Rp508.11 | Rp2170.00 | x |
| 2025-12-31 | Rp699.34 | Rp2170.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hartadinata Abadi 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): 30.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.20%
- • Asset Turnover: 3.53x
- • Equity Multiplier: 3.91x
- Recent ROE (30.38%) is above the historical average (17.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 18.91% | 4.35% | 1.92x | 2.26x | Rp27.37 Billion |
| 2015 | 17.85% | 4.04% | 1.89x | 2.34x | Rp30.80 Billion |
| 2016 | 30.14% | 7.82% | 2.05x | 1.88x | Rp114.65 Billion |
| 2017 | 11.07% | 4.44% | 1.75x | 1.42x | Rp10.65 Billion |
| 2018 | 11.29% | 4.49% | 1.79x | 1.41x | Rp14.13 Billion |
| 2019 | 12.40% | 4.64% | 1.40x | 1.91x | Rp29.03 Billion |
| 2020 | 12.66% | 4.14% | 1.46x | 2.09x | Rp35.91 Billion |
| 2021 | 12.84% | 3.70% | 1.51x | 2.30x | Rp42.90 Billion |
| 2022 | 14.76% | 3.66% | 1.80x | 2.24x | Rp81.78 Billion |
| 2023 | 15.55% | 2.38% | 2.56x | 2.56x | Rp109.10 Billion |
| 2024 | 18.90% | 2.43% | 3.06x | 2.55x | Rp208.18 Billion |
| 2025 | 30.38% | 2.20% | 3.53x | 3.91x | Rp656.43 Billion |
Industry Comparison
This section compares Hartadinata Abadi Tbk PT's net assets metrics with peer companies in the Luxury Goods industry.
No peer company data available for comparison.
About Hartadinata Abadi Tbk PT
PT Hartadinata Abadi Tbk manufactures and sells gold jewelry in Indonesia. The company offers necklaces, rings, pendants, earrings, and bracelets. It is also involved in e-commerce and pawnshop activities. The company operates a retail chain of stores under the Aurum Collection Center, ACC Premium, Claudia Perfect Jewellery, Celine Jewellery, and Hartadinata Abadi Store names. It distributes its … Read more