Provident Agro Tbk (PALM) - Net Assets

Latest as of September 2025: Rp6.24 Trillion IDR ≈ $365.40 Million USD

Based on the latest financial reports, Provident Agro Tbk (PALM) has net assets worth Rp6.24 Trillion IDR (≈ $365.40 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 (Rp10.94 Trillion ≈ $641.08 Million USD) and total liabilities (Rp4.70 Trillion ≈ $275.68 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 Provident Agro Tbk strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see Provident Agro Tbk stock valuation.

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. Also explore Provident Agro Tbk net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	Rp4.09 Trillion ≈ $239.81 Million	+66.34%
2023-12-31	Rp2.46 Trillion ≈ $144.17 Million	-57.31%
2022-12-31	Rp5.76 Trillion ≈ $337.69 Million	-1.11%
2021-12-31	Rp5.83 Trillion ≈ $341.48 Million	+51.33%
2020-12-31	Rp3.85 Trillion ≈ $225.65 Million	+86.27%
2019-12-31	Rp2.07 Trillion ≈ $121.14 Million	+28.19%
2018-12-31	Rp1.61 Trillion ≈ $94.50 Million	+4.70%
2017-12-31	Rp1.54 Trillion ≈ $90.26 Million	-33.79%
2016-12-31	Rp2.33 Trillion ≈ $136.31 Million	+37.87%
2015-12-31	Rp1.69 Trillion ≈ $98.87 Million	+0.41%
2014-12-31	Rp1.68 Trillion ≈ $98.47 Million	+8.63%
2013-12-31	Rp1.55 Trillion ≈ $90.64 Million	+73.47%
2012-12-31	Rp891.74 Billion ≈ $52.25 Million	-17.64%
2011-12-31	Rp1.08 Trillion ≈ $63.44 Million	+86.38%
2010-12-31	Rp580.93 Billion ≈ $34.04 Million	--

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
Orient Cement Limited NSE:ORIENTCEM	$271.04 Million
Beijing New Universal Science and Technology Co Ltd SHE:300472	$271.08 Million
Australian Finance Group Ltd AU:AFG	$271.08 Million
Vivotek Inc TW:3454	$271.10 Million
Kosy JSC VN:KOS	$271.01 Million
What's Cooking Group NV/SA BR:WHATS	$271.00 Million
Standard Biotools Inc NASDAQ:LAB	$271.00 Million
Hyundai Motor S3 Pref KO:005389	$270.96 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: 0.99x
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 1.34x to 0.99x 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	Rp294.00	x
2012-12-31	Rp280.02	Rp294.00	x
2013-12-31	Rp219.72	Rp294.00	x
2014-12-31	Rp237.37	Rp294.00	x
2015-12-31	Rp236.84	Rp294.00	x
2016-12-31	Rp326.62	Rp294.00	x
2017-12-31	Rp216.23	Rp294.00	x
2018-12-31	Rp226.95	Rp294.00	x
2019-12-31	Rp282.03	Rp294.00	x
2020-12-31	Rp525.44	Rp294.00	x
2021-12-31	Rp795.16	Rp294.00	x
2022-12-31	Rp786.34	Rp294.00	x
2023-12-31	Rp335.67	Rp294.00	x
2024-12-31	Rp296.64	Rp294.00	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: $3,583,908,986,334
Average return on equity (ROE) among peers: -2.43%

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	$271.03 Million
Ashmore Asset Management Indonesia (AMOR)	$285.55 Billion	27.86%	0.18x	$47.83 Million
Batavia Prosperindo Int (BPII)	$477.24 Billion	8.31%	1.12x	$273.37 Million
Kresna Graha Investama Tbk PT (KREN)	$2.75 Trillion	-8.76%	0.21x	$17.07 Million
Surya Fajar Capital Tbk PT (SFAN)	$138.32 Billion	-8.70%	0.51x	$161.76 Million
Saratoga Investama Sedaya (SRTG)	$15.96 Trillion	-38.80%	0.26x	$1.42 Billion
PT Buana Artha Anugerah Tbk (STAR)	$515.08 Billion	0.82%	0.00x	$108.00 Million
Victoria Investama Tbk (VICO)	$4.96 Trillion	2.27%	4.75x	$152.47 Million

About Provident Agro Tbk

JK:PALM Indonesia Asset Management

Market Cap

$271.03 Million

Rp4.63 Trillion IDR

Market Cap Rank

#15363 Global

#195 in Indonesia

Share Price

Rp294.00

Change (1 day)

+0.00%

52-Week Range

Rp262.00 - Rp448.00

All Time High

Rp1175.00