Trimitra Propertindo Tbk PT (LAND) - Net Assets
Based on the latest financial reports, Trimitra Propertindo Tbk PT (LAND) has net assets worth Rp459.16 Billion IDR (≈ $26.90 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp806.33 Billion ≈ $47.25 Million USD) and total liabilities (Rp347.17 Billion ≈ $20.34 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 strategically is Trimitra Propertindo Tbk PT's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp459.16 Billion |
| % of Total Assets | 56.94% |
| Annual Growth Rate | 42.53% |
| 5-Year Change | -3.57% |
| 10-Year Change | 2372.11% |
| Growth Volatility | 320.09 |
Trimitra Propertindo Tbk PT - Net Assets Trend (2015–2025)
This chart illustrates how Trimitra Propertindo Tbk PT's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see LAND market cap.
Annual Net Assets for Trimitra Propertindo Tbk PT (2015–2025)
The table below shows the annual net assets of Trimitra Propertindo Tbk PT from 2015 to 2025. Also explore Trimitra Propertindo Tbk PT (LAND) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp458.86 Billion ≈ $26.89 Million |
+0.41% |
| 2024-12-31 | Rp457.00 Billion ≈ $26.78 Million |
+0.18% |
| 2023-12-31 | Rp456.19 Billion ≈ $26.73 Million |
-2.51% |
| 2022-12-31 | Rp467.94 Billion ≈ $27.42 Million |
-1.66% |
| 2021-12-31 | Rp475.84 Billion ≈ $27.88 Million |
-2.38% |
| 2020-12-31 | Rp487.42 Billion ≈ $28.56 Million |
-10.04% |
| 2019-12-31 | Rp541.84 Billion ≈ $31.75 Million |
+0.54% |
| 2018-12-31 | Rp538.92 Billion ≈ $31.58 Million |
+146.99% |
| 2017-12-31 | Rp218.20 Billion ≈ $12.79 Million |
+1075.54% |
| 2016-12-31 | Rp18.56 Billion ≈ $1.09 Million |
+40.04% |
| 2015-12-31 | Rp13.25 Billion ≈ $776.66K |
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Equity Component Analysis
This analysis shows how different components contribute to Trimitra Propertindo 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 decreased by 3802804448600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp279.26 Billion | 60.86% |
| Other Components | Rp224.77 Billion | 48.98% |
| Total Equity | Rp458.86 Billion | 100.00% |
Trimitra Propertindo Tbk PT Competitors by Market Cap
The table below lists competitors of Trimitra Propertindo Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CS Corporation
KQ:065770
|
$11.95 Million |
|
Kalo Gold Corp
NASDAQ:KLGDD
|
$11.95 Million |
|
HF Company SA
PA:ALHF
|
$11.95 Million |
|
QPR Software Oyj
HE:QPR1V
|
$11.95 Million |
|
Peako Ltd
AU:PKO
|
$11.95 Million |
|
Weizmann Limited
NSE:WEIZMANIND
|
$11.94 Million |
|
Fevertree Drinks Plc
LSE:FEVR
|
$11.94 Million |
|
Sun&L Co Ltd
KO:002820
|
$11.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trimitra Propertindo Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 456,997,715,000 to 458,856,680,000, a change of 1,858,965,000 (0.4%).
- Net income of 1,841,619,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.84 Billion | +0.4% |
| Other Changes | Rp17.35 Million | +0.0% |
| Total Change | Rp- | 0.41% |
Book Value vs Market Value Analysis
This analysis compares Trimitra Propertindo 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: 0.44x
- 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 decreased from 15.38x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Rp4.75 | Rp73.00 | x |
| 2016-12-31 | Rp6.65 | Rp73.00 | x |
| 2017-12-31 | Rp78.13 | Rp73.00 | x |
| 2018-12-31 | Rp274.18 | Rp73.00 | x |
| 2019-12-31 | Rp194.03 | Rp73.00 | x |
| 2020-12-31 | Rp174.54 | Rp73.00 | x |
| 2021-12-31 | Rp170.39 | Rp73.00 | x |
| 2022-12-31 | Rp167.56 | Rp73.00 | x |
| 2023-12-31 | Rp163.36 | Rp73.00 | x |
| 2024-12-31 | Rp163.64 | Rp73.00 | x |
| 2025-12-31 | Rp164.31 | Rp73.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trimitra Propertindo 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): 0.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.20%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.71x
- Recent ROE (0.40%) is below the historical average (2.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -4.41% | -1.66% | 0.24x | 11.16x | Rp-1.91 Billion |
| 2016 | 28.60% | 12.45% | 0.23x | 9.87x | Rp3.45 Billion |
| 2017 | 5.83% | 20.03% | 0.16x | 1.86x | Rp-9.10 Billion |
| 2018 | 4.45% | 35.57% | 0.10x | 1.27x | Rp-29.89 Billion |
| 2019 | 5.31% | 60.15% | 0.07x | 1.32x | Rp-25.42 Billion |
| 2020 | -3.68% | -65.92% | 0.04x | 1.55x | Rp-66.69 Billion |
| 2021 | -2.44% | -27.24% | 0.06x | 1.60x | Rp-59.19 Billion |
| 2022 | -1.69% | -14.95% | 0.07x | 1.57x | Rp-54.71 Billion |
| 2023 | -2.57% | -33.91% | 0.05x | 1.62x | Rp-57.36 Billion |
| 2024 | 0.17% | 1.62% | 0.07x | 1.61x | Rp-44.92 Billion |
| 2025 | 0.40% | 4.20% | 0.06x | 1.71x | Rp-44.04 Billion |
Industry Comparison
This section compares Trimitra Propertindo Tbk PT's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,512,752,807,225
- Average return on equity (ROE) among peers: 0.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trimitra Propertindo Tbk PT (LAND) | Rp459.16 Billion | -4.41% | 0.76x | $11.95 Million |
| Bekasi Fajar Industrial Estate (BEST) | $4.36 Trillion | -2.64% | 0.44x | $71.23 Million |
| Bukit Darmo Property Tbk (BKDP) | $413.25 Billion | -7.99% | 0.83x | $77.49 Million |
| Diamond Citra Propertindo PT (DADA) | $344.55 Billion | 0.26% | 0.92x | $21.77 Million |
| Duta Anggada Realty Tbk (DART) | $397.27 Billion | 30.68% | 2.77x | $30.56 Million |
| DCI Indonesia Tbk PT (DCII) | $435.24 Billion | 14.15% | 1.48x | $27.35 Billion |
| PT Dafam Property Indonesia Tbk (DFAM) | $38.21 Billion | -42.61% | 5.49x | $10.35 Million |
| Bakrieland Development Tbk (ELTY) | $8.44 Trillion | -3.87% | 0.40x | $2.87 Million |
| Megapolitan Developments Tbk (EMDE) | $557.94 Billion | 6.04% | 0.68x | $14.92 Million |
| Indonesian Paradise Property (INPP) | $113.90 Billion | 1.55% | 0.03x | $484.86 Million |
| Era Graharealty PT Tbk (IPAC) | $34.73 Billion | 8.52% | 0.28x | $10.52 Million |
About Trimitra Propertindo Tbk PT
PT Trimitra Propertindo Tbk engages in the real estate business in Indonesia. The company is involved in construction, development, and sale of apartment and small office home projects. It also develops kiosks units for apartments, as well as operates and manages hotels. PT Trimitra Propertindo Tbk was founded in 2012 and is headquartered in Tangerang Selatan, Indonesia.