Trimitra Propertindo Tbk PT (LAND) - Net Assets
Based on the latest financial reports, Trimitra Propertindo Tbk PT (LAND) has net assets worth Rp457.24 Billion IDR (≈ $26.79 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 (Rp761.70 Billion ≈ $44.63 Million USD) and total liabilities (Rp304.46 Billion ≈ $17.84 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 LAND cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp457.24 Billion |
| % of Total Assets | 60.03% |
| Annual Growth Rate | 48.18% |
| 5-Year Change | -6.24% |
| 10-Year Change | N/A |
| Growth Volatility | 334.57 |
Trimitra Propertindo Tbk PT - Net Assets Trend (2015–2024)
This chart illustrates how Trimitra Propertindo Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore LAND current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Trimitra Propertindo Tbk PT (2015–2024)
The table below shows the annual net assets of Trimitra Propertindo Tbk PT from 2015 to 2024. For live valuation and market cap data, see market cap of Trimitra Propertindo Tbk PT.
| Year | Net Assets | Change |
|---|---|---|
| 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 3988700848600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp279.26 Billion | 61.11% |
| Other Components | Rp224.77 Billion | 49.18% |
| Total Equity | Rp457.00 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 |
|---|---|
|
Happy City Holdings Limited Class A Ordinary shares
NASDAQ:HCHL
|
$14.57 Million |
|
MMAG Holdings Bhd
KLSE:0034
|
$14.57 Million |
|
Altamin Ltd
AU:AZI
|
$14.58 Million |
|
Orege Société Anonyme
PA:OREGE
|
$14.58 Million |
|
Denali Capital Acquisition Corp. Class A Ordinary Shares
NASDAQ:DECA
|
$14.56 Million |
|
WIN Metals Ltd
AU:WIN
|
$14.56 Million |
|
Ecoscience International Berhad
KLSE:0255
|
$14.55 Million |
|
A1 Investments & Resources Ltd
AU:AYI
|
$14.52 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 2023 to 2024, total equity changed from 456,190,966,000 to 456,997,715,000, a change of 806,749,000 (0.2%).
- Net income of 778,752,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp778.75 Million | +0.17% |
| Other Changes | Rp28.00 Million | +0.01% |
| Total Change | Rp- | 0.18% |
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: 0.54x
- 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 18.75x to 0.54x 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 | Rp89.00 | x |
| 2016-12-31 | Rp6.65 | Rp89.00 | x |
| 2017-12-31 | Rp78.13 | Rp89.00 | x |
| 2018-12-31 | Rp274.18 | Rp89.00 | x |
| 2019-12-31 | Rp194.03 | Rp89.00 | x |
| 2020-12-31 | Rp174.54 | Rp89.00 | x |
| 2021-12-31 | Rp170.39 | Rp89.00 | x |
| 2022-12-31 | Rp167.56 | Rp89.00 | x |
| 2023-12-31 | Rp163.36 | Rp89.00 | x |
| 2024-12-31 | Rp163.64 | Rp89.00 | 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): 0.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.62%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.61x
- Recent ROE (0.17%) is below the historical average (2.96%), 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 |
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: $2,105,375,581,718
- Average return on equity (ROE) among peers: 0.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trimitra Propertindo Tbk PT (LAND) | Rp457.24 Billion | -4.41% | 0.67x | $14.56 Million |
| Bekasi Fajar Industrial Estate (BEST) | $4.37 Trillion | 0.90% | 0.36x | $62.18 Million |
| Bukit Darmo Property Tbk (BKDP) | $381.91 Billion | -9.06% | 0.99x | $33.02 Million |
| Diamond Citra Propertindo PT (DADA) | $344.55 Billion | 0.26% | 0.92x | $21.77 Million |
| Duta Anggada Realty Tbk (DART) | $1.44 Trillion | -20.58% | 3.31x | $29.64 Million |
| PT Dafam Property Indonesia Tbk (DFAM) | $-87.89 Billion | 0.00% | 0.00x | $11.80 Million |
| Bakrieland Development Tbk (ELTY) | $6.13 Trillion | -17.60% | 0.41x | $3.53 Million |
| Megapolitan Developments Tbk (EMDE) | $1.88 Trillion | 27.85% | 0.99x | $15.51 Million |
| Indonesian Paradise Property (INPP) | $4.09 Trillion | 4.16% | 0.26x | $524.18 Million |
| Era Graharealty PT Tbk (IPAC) | $34.73 Billion | 8.52% | 0.28x | $8.24 Million |
| Jakarta Setiabudi Internasional (JSPT) | $2.47 Trillion | 7.15% | 0.49x | $193.61 Million |
About Trimitra Propertindo Tbk PT
PT Trimitra Propertindo Tbk engages in the real estate business in Indonesia. The company involved in construction, development, and sale of apartment and small office home projects. It also develops kiosks units for apartments. In addition, the company operates and manages hotels. PT Trimitra Propertindo Tbk was founded in 2012 and is headquartered in Tangerang Selatan, Indonesia.