Star Pacific Tbk
PT Star Pacific Tbk, through its subsidiaries, invests in and leases property in Indonesia. It engages in real estate activities, which include owned or leased properties and real estate on a contract basis; and management consulting activities. The company also publishes newspaper, journals, bulletins, and magazines; and offers information technology and other computer services activities. In ad… Read more
Star Pacific Tbk (LPLI) - Net Assets
Latest net assets as of September 2025: Rp3.27 Trillion IDR
Based on the latest financial reports, Star Pacific Tbk (LPLI) has net assets worth Rp3.27 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp3.27 Trillion) and total liabilities (Rp5.88 Billion). 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 | Rp3.27 Trillion |
| % of Total Assets | 99.82% |
| Annual Growth Rate | 3.72% |
| 5-Year Change | 136.98% |
| 10-Year Change | -16.56% |
| Growth Volatility | 24.85 |
Star Pacific Tbk - Net Assets Trend (2007–2024)
This chart illustrates how Star Pacific 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 Star Pacific Tbk (2007–2024)
The table below shows the annual net assets of Star Pacific Tbk from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.75 Trillion | +8.40% |
| 2023-12-31 | Rp1.62 Trillion | +45.41% |
| 2022-12-31 | Rp1.11 Trillion | +15.54% |
| 2021-12-31 | Rp961.87 Billion | +30.11% |
| 2020-12-31 | Rp739.26 Billion | -7.22% |
| 2019-12-31 | Rp796.77 Billion | -21.14% |
| 2018-12-31 | Rp1.01 Trillion | -24.38% |
| 2017-12-31 | Rp1.34 Trillion | -24.91% |
| 2016-12-31 | Rp1.78 Trillion | -15.25% |
| 2015-12-31 | Rp2.10 Trillion | -12.23% |
| 2014-12-31 | Rp2.39 Trillion | +33.71% |
| 2013-12-31 | Rp1.79 Trillion | +18.85% |
| 2012-12-31 | Rp1.51 Trillion | +40.07% |
| 2011-12-31 | Rp1.07 Trillion | -15.74% |
| 2010-12-31 | Rp1.28 Trillion | +47.11% |
| 2009-12-31 | Rp867.02 Billion | -14.91% |
| 2008-12-31 | Rp1.02 Trillion | +8.26% |
| 2007-12-31 | Rp941.25 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Star Pacific 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 73617700000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp1.52 Trillion | 86.72% |
| Other Comprehensive Income | Rp-244.67 Billion | -13.97% |
| Other Components | Rp1.21 Trillion | 69.27% |
| Total Equity | Rp1.75 Trillion | 100.00% |
Star Pacific Tbk Competitors by Market Cap
The table below lists competitors of Star Pacific Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
1606 Corp.
PINK:CBDW
|
$850.32K |
|
Therma Bright Inc
OTCQB:TBRIF
|
$851.27K |
|
INCYTE
BE:ICY
|
$851.44K |
|
Tres-Or Resources Ltd
PINK:TRSFF
|
$851.51K |
|
Murano Global Investments PLC Ordinary Shares
NASDAQ:MRNO
|
$849.95K |
|
ESTEE LAUDER-A
BE:ELAA
|
$849.59K |
|
Intrepid Capital Corporation
PINK:ITPC
|
$848.55K |
|
Naturally Splendid Enterprises Ltd
PINK:NSPDF
|
$847.62K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Star Pacific Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,616,104,000,000 to 1,751,926,000,000, a change of 135,822,000,000 (8.4%).
- Net income of 40,776,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 26,646,000,000.
- Other factors increased equity by 68,400,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp40.78 Billion | +2.33% |
| Other Comprehensive Income | Rp26.65 Billion | +1.52% |
| Other Changes | Rp68.40 Billion | +3.9% |
| Total Change | Rp- | 8.40% |
Book Value vs Market Value Analysis
This analysis compares Star Pacific 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: 0.20x
- 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 0.33x to 0.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp885.50 | Rp296.00 | x |
| 2009-12-31 | Rp780.81 | Rp296.00 | x |
| 2010-12-31 | Rp1089.71 | Rp296.00 | x |
| 2011-12-31 | Rp918.21 | Rp296.00 | x |
| 2012-12-31 | Rp1286.13 | Rp296.00 | x |
| 2013-12-31 | Rp1528.60 | Rp296.00 | x |
| 2014-12-31 | Rp2043.86 | Rp296.00 | x |
| 2015-12-31 | Rp1793.91 | Rp296.00 | x |
| 2016-12-31 | Rp1520.33 | Rp296.00 | x |
| 2017-12-31 | Rp1141.54 | Rp296.00 | x |
| 2018-12-31 | Rp863.21 | Rp296.00 | x |
| 2019-12-31 | Rp677.94 | Rp296.00 | x |
| 2020-12-31 | Rp631.61 | Rp296.00 | x |
| 2021-12-31 | Rp821.81 | Rp296.00 | x |
| 2022-12-31 | Rp949.54 | Rp296.00 | x |
| 2023-12-31 | Rp1380.77 | Rp296.00 | x |
| 2024-12-31 | Rp1496.82 | Rp296.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Star Pacific 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): 2.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 197.84%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.01x
- Recent ROE (2.33%) is below the historical average (4.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 35.27% | 458.36% | 0.08x | 1.02x | Rp237.85 Billion |
| 2008 | 1.26% | 39.46% | 0.03x | 1.10x | Rp-85.95 Billion |
| 2009 | -13.61% | -145.46% | 0.08x | 1.10x | Rp-204.72 Billion |
| 2010 | 25.58% | 450.64% | 0.05x | 1.07x | Rp198.73 Billion |
| 2011 | -19.07% | -204.41% | 0.09x | 1.10x | Rp-312.42 Billion |
| 2012 | 19.40% | 314.19% | 0.06x | 1.06x | Rp141.47 Billion |
| 2013 | 15.62% | 295.65% | 0.05x | 1.05x | Rp100.60 Billion |
| 2014 | 22.03% | 562.67% | 0.04x | 1.04x | Rp287.88 Billion |
| 2015 | -14.63% | -313.16% | 0.04x | 1.16x | Rp-517.05 Billion |
| 2016 | -11.97% | -247.24% | 0.04x | 1.18x | Rp-390.97 Billion |
| 2017 | -25.80% | -380.12% | 0.05x | 1.23x | Rp-478.33 Billion |
| 2018 | -6.13% | -74.29% | 0.06x | 1.30x | Rp-162.97 Billion |
| 2019 | -2.70% | -33.34% | 0.06x | 1.27x | Rp-100.76 Billion |
| 2020 | -2.86% | -141.37% | 0.02x | 1.27x | Rp-95.04 Billion |
| 2021 | 25.81% | 3997.78% | 0.01x | 1.01x | Rp152.07 Billion |
| 2022 | 3.48% | 154.32% | 0.02x | 1.01x | Rp-72.46 Billion |
| 2023 | 19.69% | 1512.15% | 0.01x | 1.04x | Rp156.55 Billion |
| 2024 | 2.33% | 197.84% | 0.01x | 1.01x | Rp-134.42 Billion |
Industry Comparison
This section compares Star Pacific Tbk's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,782,492,457,203
- Average return on equity (ROE) among peers: 3.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Star Pacific Tbk (LPLI) | Rp3.27 Trillion | 35.27% | 0.00x | $850.31K |
| Bekasi Fajar Industrial Estate (BEST) | $2.85 Trillion | 13.72% | 0.28x | $25.77 Million |
| Bukit Darmo Property Tbk (BKDP) | $381.91 Billion | -9.06% | 0.99x | $3.44 Million |
| PT Bangun Kosambi Sukses Tbk (CBDK) | $432.24 Million | 17.46% | 29.38x | $167.95 Million |
| Diamond Citra Propertindo PT (DADA) | $343.31 Billion | 1.48% | 0.84x | $12.24 Million |
| Duta Anggada Realty Tbk (DART) | $739.01 Billion | 3.64% | 2.47x | $2.35 Million |
| PT Dafam Property Indonesia Tbk (DFAM) | $-55.42 Billion | 0.00% | 0.00x | $7.90 Million |
| Bakrieland Development Tbk (ELTY) | $7.17 Trillion | -3.22% | 0.72x | $23.70 |
| Megapolitan Developments Tbk (EMDE) | $602.96 Billion | 7.43% | 0.96x | $3.83 Million |
| Indonesian Paradise Property (INPP) | $5.77 Trillion | -8.38% | 0.33x | $94.75 Million |
| Era Graharealty PT Tbk (IPAC) | $25.78 Billion | 15.17% | 0.28x | $834.38K |