Lippo General Insurance Tbk
PT Lippo General Insurance Tbk provides insurance products and services in Indonesia. The company offers fire insurance, health insurance both individuals, families, and company employees, motor vehicle insurance, freight insurance, and various other insurance. It operates through branches and marketing offices. The company was formerly known as PT Asuransi Marga Pusaka and changed its name to PT… Read more
Lippo General Insurance Tbk (LPGI) - Net Assets
Latest net assets as of September 2025: Rp998.44 Billion IDR
Based on the latest financial reports, Lippo General Insurance Tbk (LPGI) has net assets worth Rp998.44 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.96 Trillion) and total liabilities (Rp1.96 Trillion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp998.44 Billion |
| % of Total Assets | 33.7% |
| Annual Growth Rate | 6.88% |
| 5-Year Change | 3.8% |
| 10-Year Change | -29.94% |
| Growth Volatility | 20.8 |
Lippo General Insurance Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Lippo General Insurance Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lippo General Insurance Tbk (2000–2024)
The table below shows the annual net assets of Lippo General Insurance Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp893.80 Billion | +5.93% |
| 2023-12-31 | Rp843.74 Billion | +15.56% |
| 2022-12-31 | Rp730.15 Billion | -16.25% |
| 2021-12-31 | Rp871.83 Billion | +1.25% |
| 2020-12-31 | Rp861.08 Billion | +1.48% |
| 2019-12-31 | Rp848.51 Billion | -3.56% |
| 2018-12-31 | Rp879.82 Billion | -17.89% |
| 2017-12-31 | Rp1.07 Trillion | -9.66% |
| 2016-12-31 | Rp1.19 Trillion | -7.03% |
| 2015-12-31 | Rp1.28 Trillion | -3.72% |
| 2014-12-31 | Rp1.32 Trillion | +21.76% |
| 2013-12-31 | Rp1.09 Trillion | +8.85% |
| 2012-12-31 | Rp999.68 Billion | +51.72% |
| 2011-12-31 | Rp658.90 Billion | -5.12% |
| 2010-12-31 | Rp694.45 Billion | +43.63% |
| 2009-12-31 | Rp483.50 Billion | -18.32% |
| 2008-12-31 | Rp591.96 Billion | +9.77% |
| 2007-12-31 | Rp539.29 Billion | +48.15% |
| 2006-12-31 | Rp364.02 Billion | +7.90% |
| 2005-12-31 | Rp337.38 Billion | +17.24% |
| 2004-12-31 | Rp287.78 Billion | +51.15% |
| 2003-12-31 | Rp190.39 Billion | +10.41% |
| 2002-12-31 | Rp172.44 Billion | -11.44% |
| 2001-12-31 | Rp194.71 Billion | +7.57% |
| 2000-12-31 | Rp181.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lippo General Insurance 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 grown by 33828.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp678.56 Billion | 75.92% |
| Common Stock | Rp150.00 Billion | 16.78% |
| Other Comprehensive Income | Rp19.75 Billion | 2.21% |
| Other Components | Rp45.49 Billion | 5.09% |
| Total Equity | Rp893.80 Billion | 100.00% |
Lippo General Insurance Tbk Competitors by Market Cap
The table below lists competitors of Lippo General Insurance Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Acceleware Ltd
PINK:ACWRF
|
$8.62 Million |
|
Protect Pharmaceutical Corporation
PINK:PRTT
|
$8.62 Million |
|
CATENON SA INH. EO-02
F:8Y9
|
$8.62 Million |
|
BLUE STAR GOLD
F:5WP0
|
$8.62 Million |
|
Canaf Investments Inc
PINK:CAFZF
|
$8.61 Million |
|
Keyware Technologies NV
BR:KEYW
|
$8.61 Million |
|
Ely Gold Royalties Inc
V:ELY
|
$8.61 Million |
|
Blue Ridge Real Estate Company
PINK:BRRE
|
$8.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lippo General Insurance Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 843,744,703,000 to 893,803,986,000, a change of 50,059,283,000 (5.9%).
- Net income of 62,274,344,673 contributed positively to equity growth.
- Dividend payments of 8,108,235,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,115,061,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp62.27 Billion | +6.97% |
| Dividends Paid | Rp8.11 Billion | -0.91% |
| Other Comprehensive Income | Rp-3.12 Billion | -0.35% |
| Other Changes | Rp-991.77 Million | -0.11% |
| Total Change | Rp- | 5.93% |
Book Value vs Market Value Analysis
This analysis compares Lippo General Insurance 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: 2.08x
- 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 0.13x to 2.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | Rp4629.64 | Rp620.00 | x |
| 2011-12-31 | Rp4392.63 | Rp620.00 | x |
| 2012-12-31 | Rp6664.55 | Rp620.00 | x |
| 2013-12-31 | Rp3627.26 | Rp620.00 | x |
| 2014-12-31 | Rp4416.65 | Rp620.00 | x |
| 2015-12-31 | Rp4252.42 | Rp620.00 | x |
| 2016-12-31 | Rp3953.53 | Rp620.00 | x |
| 2017-12-31 | Rp3571.79 | Rp620.00 | x |
| 2018-12-31 | Rp2932.73 | Rp620.00 | x |
| 2019-12-31 | Rp2828.37 | Rp620.00 | x |
| 2020-12-31 | Rp2870.26 | Rp620.00 | x |
| 2021-12-31 | Rp2906.12 | Rp620.00 | x |
| 2022-12-31 | Rp2433.83 | Rp620.00 | x |
| 2023-12-31 | Rp281.25 | Rp620.00 | x |
| 2024-12-31 | Rp297.93 | Rp620.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lippo General Insurance 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): 6.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.11%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 3.44x
- Recent ROE (6.97%) is above the historical average (6.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 5.37% | 19.60% | 0.23x | 1.20x | Rp-9.02 Billion |
| 2002 | 3.74% | 7.49% | 0.38x | 1.32x | Rp-10.80 Billion |
| 2004 | 3.72% | 10.36% | 0.26x | 1.36x | Rp-18.06 Billion |
| 2005 | 6.21% | 15.13% | 0.31x | 1.33x | Rp-12.79 Billion |
| 2006 | 0.54% | 1.27% | 0.33x | 1.29x | Rp-34.42 Billion |
| 2007 | 2.86% | 8.73% | 0.27x | 1.22x | Rp-38.53 Billion |
| 2008 | 2.04% | 7.15% | 0.23x | 1.22x | Rp-47.10 Billion |
| 2009 | 4.78% | 11.18% | 0.34x | 1.27x | Rp-25.22 Billion |
| 2010 | 7.78% | 16.83% | 0.34x | 1.36x | Rp-15.39 Billion |
| 2011 | 6.38% | 11.82% | 0.40x | 1.36x | Rp-23.88 Billion |
| 2012 | 4.26% | 9.74% | 0.30x | 1.45x | Rp-57.35 Billion |
| 2013 | 7.27% | 12.03% | 0.38x | 1.57x | Rp-29.68 Billion |
| 2014 | 9.65% | 14.74% | 0.40x | 1.65x | Rp-4.63 Billion |
| 2015 | 6.09% | 7.70% | 0.45x | 1.75x | Rp-49.91 Billion |
| 2016 | 7.01% | 7.77% | 0.47x | 1.94x | Rp-35.45 Billion |
| 2017 | 8.57% | 8.29% | 0.47x | 2.21x | Rp-15.28 Billion |
| 2018 | 7.81% | 6.06% | 0.46x | 2.82x | Rp-19.29 Billion |
| 2019 | 9.43% | 6.85% | 0.48x | 2.86x | Rp-4.85 Billion |
| 2020 | 10.79% | 7.01% | 0.47x | 3.27x | Rp6.80 Billion |
| 2021 | 3.80% | 1.85% | 0.61x | 3.35x | Rp-54.03 Billion |
| 2022 | 10.11% | 3.31% | 0.76x | 4.01x | Rp823.85 Million |
| 2023 | 2.95% | 0.79% | 1.11x | 3.37x | Rp-59.49 Billion |
| 2024 | 6.97% | 2.11% | 0.96x | 3.44x | Rp-27.11 Billion |
Industry Comparison
This section compares Lippo General Insurance Tbk's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $1,196,564,797,584
- Average return on equity (ROE) among peers: 3.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lippo General Insurance Tbk (LPGI) | Rp998.44 Billion | 5.37% | 1.97x | $8.61 Million |
| Asuransi Bintang Tbk (ASBI) | $840.96 Billion | 1.66% | 0.04x | $1.38 Million |
| Asuransi Dayin Mitra Tbk (ASDM) | $105.19 Billion | 8.11% | 1.27x | $3.10 Million |
| Equity Development Investment (GSMF) | $1.48 Trillion | 1.25% | 2.01x | $2.56 Million |
| Malacca Trust Wuwungan Insurance PT (MTWI) | $240.02 Billion | -3.49% | 1.42x | $3.77 Million |
| Sinar Mas Multiartha Tbk (SMMA) | $2.77 Trillion | 9.53% | 4.62x | $85.27 Million |
| Asuransi Tugu Pratama Indonesia Tbk PT (TUGU) | $1.75 Trillion | 1.51% | 2.32x | $111.00 Million |