Provident Agro Tbk
PT Provident Investasi Bersama Tbk, a holding company, engages in direct or indirect investment through subsidiaries. It owns an investment portfolio in natural resources and logistics. It is also involved in the mining of gold, silver, copper, nickel, and other important minerals; nickel mining and other minerals, processing, and other related businesses; provides real estate development, wareho… Read more
Provident Agro Tbk (PALM) - Net Assets
Latest net assets as of September 2025: Rp6.24 Trillion IDR
Based on the latest financial reports, Provident Agro Tbk (PALM) has net assets worth Rp6.24 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 (Rp10.94 Trillion) and total liabilities (Rp4.70 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 | Rp6.24 Trillion |
| % of Total Assets | 57.0% |
| Annual Growth Rate | 14.96% |
| 5-Year Change | 6.28% |
| 10-Year Change | 142.56% |
| Growth Volatility | 43.46 |
Provident Agro Tbk - Net Assets Trend (2010–2024)
This chart illustrates how Provident Agro 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 Provident Agro Tbk (2010–2024)
The table below shows the annual net assets of Provident Agro Tbk from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp4.09 Trillion | +66.34% |
| 2023-12-31 | Rp2.46 Trillion | -57.31% |
| 2022-12-31 | Rp5.76 Trillion | -1.11% |
| 2021-12-31 | Rp5.83 Trillion | +51.33% |
| 2020-12-31 | Rp3.85 Trillion | +86.27% |
| 2019-12-31 | Rp2.07 Trillion | +28.19% |
| 2018-12-31 | Rp1.61 Trillion | +4.70% |
| 2017-12-31 | Rp1.54 Trillion | -33.79% |
| 2016-12-31 | Rp2.33 Trillion | +37.87% |
| 2015-12-31 | Rp1.69 Trillion | +0.41% |
| 2014-12-31 | Rp1.68 Trillion | +8.63% |
| 2013-12-31 | Rp1.55 Trillion | +73.47% |
| 2012-12-31 | Rp891.74 Billion | -17.64% |
| 2011-12-31 | Rp1.08 Trillion | +86.38% |
| 2010-12-31 | Rp580.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Provident Agro 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 1247.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp236.61 Billion | 5.78% |
| Other Comprehensive Income | Rp6.30 Billion | 0.15% |
| Other Components | Rp4.00 Trillion | 97.80% |
| Total Equity | Rp4.09 Trillion | 100.00% |
Provident Agro Tbk Competitors by Market Cap
The table below lists competitors of Provident Agro Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Societe d Exploration Miniere Vior Inc
V:VIO
|
$30.44 Million |
|
CATER. INTL SVCS-CISINH.
F:8WG
|
$30.44 Million |
|
Mildex Optical
TWO:4729
|
$30.44 Million |
|
Uangel
KO:072130
|
$30.45 Million |
|
Skillz Platform Inc
NYSE:SKLZ
|
$30.43 Million |
|
SEC
KQ:081180
|
$30.43 Million |
|
Elixir Energy Limited
PINK:ELXPF
|
$30.43 Million |
|
Bohae Brewery
KO:000890
|
$30.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Provident Agro Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,460,656,215,000 to 4,092,680,246,000, a change of 1,632,024,031,000 (66.3%).
- Net loss of 1,983,034,275,000 reduced equity.
- New share issuances of 3,617,479,343,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-1.98 Trillion | -48.45% |
| Share Issuances | Rp3.62 Trillion | +88.39% |
| Other Changes | Rp-2.42 Billion | -0.06% |
| Total Change | Rp- | 66.32% |
Book Value vs Market Value Analysis
This analysis compares Provident Agro 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: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.67x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Rp219.87 | Rp368.00 | x |
| 2012-12-31 | Rp280.02 | Rp368.00 | x |
| 2013-12-31 | Rp219.72 | Rp368.00 | x |
| 2014-12-31 | Rp237.37 | Rp368.00 | x |
| 2015-12-31 | Rp236.84 | Rp368.00 | x |
| 2016-12-31 | Rp326.62 | Rp368.00 | x |
| 2017-12-31 | Rp216.23 | Rp368.00 | x |
| 2018-12-31 | Rp226.95 | Rp368.00 | x |
| 2019-12-31 | Rp282.03 | Rp368.00 | x |
| 2020-12-31 | Rp525.44 | Rp368.00 | x |
| 2021-12-31 | Rp795.16 | Rp368.00 | x |
| 2022-12-31 | Rp786.34 | Rp368.00 | x |
| 2023-12-31 | Rp335.67 | Rp368.00 | x |
| 2024-12-31 | Rp296.64 | Rp368.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Provident Agro 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): -48.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.21x
- • Equity Multiplier: 1.92x
- Recent ROE (-48.45%) is below the historical average (-8.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 2.51% | 6.80% | 0.14x | 2.59x | Rp-81.19 Billion |
| 2012 | -9.34% | -13.90% | 0.18x | 3.69x | Rp-172.47 Billion |
| 2013 | -26.96% | -58.70% | 0.18x | 2.58x | Rp-571.78 Billion |
| 2014 | 10.01% | 15.91% | 0.25x | 2.51x | Rp194.82 Million |
| 2015 | -3.27% | -5.28% | 0.22x | 2.79x | Rp-223.83 Billion |
| 2016 | 9.43% | 18.74% | 0.30x | 1.66x | Rp-13.32 Billion |
| 2017 | 4.44% | 8.99% | 0.27x | 1.85x | Rp-85.66 Billion |
| 2018 | -6.91% | -24.94% | 0.22x | 1.24x | Rp-272.62 Billion |
| 2019 | -3.42% | -37.39% | 0.08x | 1.13x | Rp-277.47 Billion |
| 2020 | 51.77% | 835.24% | 0.06x | 1.05x | Rp1.61 Trillion |
| 2021 | 34.57% | 636.08% | 0.05x | 1.01x | Rp1.43 Trillion |
| 2022 | 4.16% | 83.14% | 0.05x | 1.00x | Rp-336.75 Billion |
| 2023 | -134.27% | 0.00% | -0.36x | 3.58x | Rp-3.55 Trillion |
| 2024 | -48.45% | 0.00% | -0.21x | 1.92x | Rp-2.39 Trillion |
Industry Comparison
This section compares Provident Agro Tbk's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $7,408,177,576,808
- Average return on equity (ROE) among peers: 7.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Provident Agro Tbk (PALM) | Rp6.24 Trillion | 2.51% | 0.75x | $30.43 Million |
| Ashmore Asset Management Indonesia (AMOR) | $309.50 Billion | 38.28% | 0.27x | $29.73 Million |
| Batavia Prosperindo Int (BPII) | $1.39 Trillion | 6.78% | 1.02x | $28.66 Million |
| Kresna Graha Investama Tbk PT (KREN) | $47.49 Billion | 4.13% | 0.31x | $12.83 Million |
| Surya Fajar Capital Tbk PT (SFAN) | $145.32 Billion | 8.77% | 0.38x | $42.07 Million |
| Saratoga Investama Sedaya (SRTG) | $48.79 Trillion | -20.80% | 0.04x | $140.13 Million |
| PT Buana Artha Anugerah Tbk (STAR) | $489.25 Billion | 0.18% | 0.54x | $33.93 Million |
| Victoria Investama Tbk (VICO) | $689.37 Billion | 14.02% | 0.12x | $39.73 Million |