Modernland Realty Ltd Tbk
PT Modernland Realty Tbk, together with its subsidiaries, develops and sells real estate properties in Indonesia. The company engages in the township, residential, and industrial town development business; and sale of real estate and apartments, as well as property leasing services. It also operates and manages golf courses, club house restaurants, and hotels, as well as offers hospitality and co… Read more
Modernland Realty Ltd Tbk (MDLN) - Net Assets
Latest net assets as of September 2025: Rp3.93 Trillion IDR
Based on the latest financial reports, Modernland Realty Ltd Tbk (MDLN) has net assets worth Rp3.93 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 (Rp13.35 Trillion) and total liabilities (Rp9.42 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 | Rp3.93 Trillion |
| % of Total Assets | 29.45% |
| Annual Growth Rate | N/A |
| 5-Year Change | -18.17% |
| 10-Year Change | -42.99% |
| Growth Volatility | 33.25 |
Modernland Realty Ltd Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Modernland Realty Ltd 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 Modernland Realty Ltd Tbk (2000–2024)
The table below shows the annual net assets of Modernland Realty Ltd Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp3.45 Trillion | -16.12% |
| 2023-12-31 | Rp4.12 Trillion | -2.57% |
| 2022-12-31 | Rp4.23 Trillion | +0.99% |
| 2021-12-31 | Rp4.18 Trillion | -0.86% |
| 2020-12-31 | Rp4.22 Trillion | -41.79% |
| 2019-12-31 | Rp7.25 Trillion | +6.16% |
| 2018-12-31 | Rp6.83 Trillion | -3.50% |
| 2017-12-31 | Rp7.08 Trillion | +7.31% |
| 2016-12-31 | Rp6.60 Trillion | +8.88% |
| 2015-12-31 | Rp6.06 Trillion | +13.62% |
| 2014-12-31 | Rp5.33 Trillion | +14.02% |
| 2013-12-31 | Rp4.68 Trillion | +110.05% |
| 2012-12-31 | Rp2.23 Trillion | +87.60% |
| 2011-12-31 | Rp1.19 Trillion | +6.61% |
| 2010-12-31 | Rp1.11 Trillion | +6.64% |
| 2009-12-31 | Rp1.04 Trillion | +0.23% |
| 2008-12-31 | Rp1.04 Trillion | +39.97% |
| 2007-12-31 | Rp743.98 Billion | +4.25% |
| 2006-12-31 | Rp713.62 Billion | -0.40% |
| 2005-12-31 | Rp716.45 Billion | +655.26% |
| 2004-12-31 | Rp-129.03 Billion | -55.36% |
| 2003-12-31 | Rp-83.05 Billion | +62.45% |
| 2002-12-31 | Rp-221.19 Billion | -61.90% |
| 2001-12-31 | Rp-136.61 Billion | -317.41% |
| 2000-12-31 | Rp-32.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Modernland Realty Ltd 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 119516931400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.20 Trillion | 34.60% |
| Common Stock | Rp2.33 Trillion | 67.48% |
| Other Comprehensive Income | Rp35.75 Billion | 1.03% |
| Total Equity | Rp3.45 Trillion | 100.00% |
Modernland Realty Ltd Tbk Competitors by Market Cap
The table below lists competitors of Modernland Realty Ltd Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Goyal Aluminiums Limited
NSE:GOYALALUM
|
$2.82 Million |
|
BIGBEN INTERACT.INH. EO 2
F:BX9
|
$2.82 Million |
|
Babylon Pump & Power Ltd
AU:BPP
|
$2.82 Million |
|
INDUSTRIAL MINERALS LTD
F:9ED
|
$2.82 Million |
|
Rossi Residencial S.A
SA:RSID3
|
$2.82 Million |
|
MOH Nippon Plc
F:4HS
|
$2.82 Million |
|
PRO DV AG
XETRA:PDA0
|
$2.82 Million |
|
Pancontinental Resources Corporation
OTCQB:PUCCF
|
$2.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Modernland Realty Ltd Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,117,192,307,153 to 3,454,327,802,000, a change of -662,864,505,153 (-16.1%).
- Net loss of 690,272,177,000 reduced equity.
- Other comprehensive income increased equity by 20,974,773,292.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-690.27 Billion | -19.98% |
| Other Comprehensive Income | Rp20.97 Billion | +0.61% |
| Other Changes | Rp6.43 Billion | +0.19% |
| Total Change | Rp- | -16.10% |
Book Value vs Market Value Analysis
This analysis compares Modernland Realty Ltd 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: 0.19x
- 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 0.34x to 0.19x 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 | Rp159.55 | Rp54.00 | x |
| 2009-12-31 | Rp159.52 | Rp54.00 | x |
| 2010-12-31 | Rp170.86 | Rp54.00 | x |
| 2011-12-31 | Rp190.26 | Rp54.00 | x |
| 2012-12-31 | Rp175.89 | Rp54.00 | x |
| 2013-12-31 | Rp369.46 | Rp54.00 | x |
| 2014-12-31 | Rp425.37 | Rp54.00 | x |
| 2015-12-31 | Rp483.32 | Rp54.00 | x |
| 2016-12-31 | Rp526.23 | Rp54.00 | x |
| 2017-12-31 | Rp564.70 | Rp54.00 | x |
| 2018-12-31 | Rp552.28 | Rp54.00 | x |
| 2019-12-31 | Rp586.29 | Rp54.00 | x |
| 2020-12-31 | Rp341.26 | Rp54.00 | x |
| 2021-12-31 | Rp338.34 | Rp54.00 | x |
| 2022-12-31 | Rp341.69 | Rp54.00 | x |
| 2023-12-31 | Rp332.93 | Rp54.00 | x |
| 2024-12-31 | Rp289.13 | Rp54.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Modernland Realty Ltd 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): -19.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -67.84%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 3.93x
- Recent ROE (-19.98%) is below the historical average (3.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 3.48% | 5.42% | 0.31x | 2.06x | Rp-46.69 Billion |
| 2007 | 4.08% | 10.24% | 0.17x | 2.36x | Rp-44.04 Billion |
| 2008 | 0.23% | 1.00% | 0.13x | 1.77x | Rp-101.75 Billion |
| 2009 | 0.23% | 0.80% | 0.17x | 1.70x | Rp-102.02 Billion |
| 2010 | 3.47% | 14.77% | 0.13x | 1.83x | Rp-72.69 Billion |
| 2011 | 7.76% | 18.25% | 0.21x | 2.03x | Rp-26.57 Billion |
| 2012 | 11.70% | 24.63% | 0.23x | 2.06x | Rp37.93 Billion |
| 2013 | 52.44% | 132.96% | 0.19x | 2.06x | Rp1.98 Trillion |
| 2014 | 13.34% | 25.05% | 0.27x | 1.96x | Rp178.15 Billion |
| 2015 | 14.42% | 29.48% | 0.23x | 2.12x | Rp267.67 Billion |
| 2016 | 7.60% | 20.34% | 0.17x | 2.20x | Rp-158.18 Billion |
| 2017 | 8.69% | 19.24% | 0.22x | 2.06x | Rp-92.97 Billion |
| 2018 | 0.37% | 1.19% | 0.14x | 2.23x | Rp-657.71 Billion |
| 2019 | 5.65% | 17.26% | 0.15x | 2.22x | Rp-315.44 Billion |
| 2020 | -41.80% | -241.13% | 0.05x | 3.52x | Rp-2.19 Trillion |
| 2021 | -1.00% | -2.09% | 0.14x | 3.47x | Rp-460.40 Billion |
| 2022 | 0.48% | 1.84% | 0.08x | 3.20x | Rp-402.38 Billion |
| 2023 | -2.48% | -8.85% | 0.08x | 3.32x | Rp-513.69 Billion |
| 2024 | -19.98% | -67.84% | 0.08x | 3.93x | Rp-1.04 Trillion |
Industry Comparison
This section compares Modernland Realty Ltd Tbk's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,998,725,518,942
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Modernland Realty Ltd Tbk (MDLN) | Rp3.93 Trillion | 3.48% | 2.40x | $2.82 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.57 Trillion | 4.51% | 1.58x | $6.68 Million |
| Makmur Berkah Amanda Pt (AMAN) | $709.54 Billion | 7.78% | 0.53x | $8.15 Million |
| Agung Podomoro Land Tbk (APLN) | $6.35 Trillion | 12.79% | 1.39x | $21.65 Million |
| Alam Sutera Realty Tbk (ASRI) | $2.79 Trillion | 21.63% | 1.16x | $78.83 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $128.84 Billion | -2.88% | 0.05x | $1.06 Million |
| Bhakti Agung Propertindo (BAPI) | $428.73 Billion | -0.57% | 0.46x | $2.99 Million |
| Bumi Citra Permai Tbk (BCIP) | $73.69 Billion | 2.96% | 0.68x | $3.82 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $695.65 Billion | -3.52% | 2.41x | $556.90K |
| Sentul City Tbk (BKSL) | $4.59 Trillion | 2.95% | 0.15x | $112.63 Million |
| Wulandari Bangun Laksana (BSBK) | $1.65 Trillion | 0.24% | 0.53x | $13.48 Million |