PT Pantai Indah Kapuk Dua Tbk
PT Pantai Indah Kapuk Dua Tbk, together with its subsidiaries, operates as a property developer in Indonesia. It operates through Real Estate and Others segments. The company develops commercial land plot; commercial products, including shophouses, small office, home office, and warehouses; and residential landed houses. It also provides cold storage; processes fishery products; and management co… Read more
PT Pantai Indah Kapuk Dua Tbk (PANI) - Net Assets
Latest net assets as of June 2025: Rp29.43 Trillion IDR
Based on the latest financial reports, PT Pantai Indah Kapuk Dua Tbk (PANI) has net assets worth Rp29.43 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp48.76 Trillion) and total liabilities (Rp19.33 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 | Rp29.43 Trillion |
| % of Total Assets | 60.36% |
| Annual Growth Rate | 142.68% |
| 5-Year Change | 66448.25% |
| 10-Year Change | N/A |
| Growth Volatility | 540.76 |
PT Pantai Indah Kapuk Dua Tbk - Net Assets Trend (2016–2024)
This chart illustrates how PT Pantai Indah Kapuk Dua 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 PT Pantai Indah Kapuk Dua Tbk (2016–2024)
The table below shows the annual net assets of PT Pantai Indah Kapuk Dua Tbk from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp26.60 Trillion | +39.33% |
| 2023-12-31 | Rp19.09 Trillion | +158.72% |
| 2022-12-31 | Rp7.38 Trillion | +1455.86% |
| 2021-12-31 | Rp474.22 Billion | +1086.60% |
| 2020-12-31 | Rp39.96 Billion | +0.00% |
| 2019-12-31 | Rp39.96 Billion | +0.25% |
| 2018-12-31 | Rp39.86 Billion | +2.85% |
| 2017-12-31 | Rp38.76 Billion | +75.30% |
| 2016-12-31 | Rp22.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Pantai Indah Kapuk Dua 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 100397101888000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.00 Trillion | 4.96% |
| Common Stock | Rp1.69 Trillion | 8.36% |
| Other Comprehensive Income | Rp5.62 Billion | 0.03% |
| Other Components | Rp17.51 Trillion | 86.66% |
| Total Equity | Rp20.21 Trillion | 100.00% |
PT Pantai Indah Kapuk Dua Tbk Competitors by Market Cap
The table below lists competitors of PT Pantai Indah Kapuk Dua Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Secote Precision Electronic Co Ltd Class A
SHG:603283
|
$1.00 Billion |
|
RF Capital Group Inc
PINK:GMPFF
|
$1.00 Billion |
|
XiAn Shaangu Power Co Ltd
SHG:601369
|
$1.00 Billion |
|
Valiant Co Ltd
SHE:002643
|
$1.00 Billion |
|
EVEREST MED.LTD DL-0001
F:6HN
|
$999.79 Million |
|
SAI LIFE SCIENCES LTD
NSE:SAILIFE
|
$999.68 Million |
|
Strathcona Resources Ltd.
PINK:STHRF
|
$999.67 Million |
|
American Assets Trust Inc
NYSE:AAT
|
$999.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Pantai Indah Kapuk Dua Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,933,272,037,000 to 20,205,676,950,000, a change of 7,272,404,913,000 (56.2%).
- Net income of 623,910,079,000 contributed positively to equity growth.
- Dividend payments of 208,377,488,000 reduced retained earnings.
- Share repurchases of 6,533,516,600,000 reduced equity.
- New share issuances of 6,533,516,600,000 increased equity.
- Other comprehensive income increased equity by 2,731,802,000.
- Other factors increased equity by 6,854,140,520,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp623.91 Billion | +3.09% |
| Dividends Paid | Rp208.38 Billion | -1.03% |
| Share Repurchases | Rp6.53 Trillion | -32.34% |
| Share Issuances | Rp6.53 Trillion | +32.34% |
| Other Comprehensive Income | Rp2.73 Billion | +0.01% |
| Other Changes | Rp6.85 Trillion | +33.92% |
| Total Change | Rp- | 56.23% |
Book Value vs Market Value Analysis
This analysis compares PT Pantai Indah Kapuk Dua 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: 6.27x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6516.92x to 6.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp1.21 | Rp7875.00 | x |
| 2017-12-31 | Rp2.12 | Rp7875.00 | x |
| 2018-12-31 | Rp9.28 | Rp7875.00 | x |
| 2019-12-31 | Rp6.88 | Rp7875.00 | x |
| 2020-12-31 | Rp6.88 | Rp7875.00 | x |
| 2021-12-31 | Rp82.13 | Rp7875.00 | x |
| 2022-12-31 | Rp398.03 | Rp7875.00 | x |
| 2023-12-31 | Rp949.04 | Rp7875.00 | x |
| 2024-12-31 | Rp1256.04 | Rp7875.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Pantai Indah Kapuk Dua 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): 3.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.03%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.25x
- Recent ROE (3.09%) is above the historical average (1.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.48% | 0.18% | 3.68x | 2.26x | Rp-1.88 Billion |
| 2017 | 3.06% | 0.64% | 2.44x | 1.97x | Rp-2.69 Billion |
| 2018 | 2.94% | 0.39% | 1.97x | 3.78x | Rp-2.80 Billion |
| 2019 | -3.08% | -0.53% | 1.93x | 3.01x | Rp-5.19 Billion |
| 2020 | 0.56% | 0.12% | 1.84x | 2.47x | Rp-3.75 Billion |
| 2021 | 0.35% | 0.53% | 0.02x | 28.05x | Rp-45.73 Billion |
| 2022 | 6.83% | 15.85% | 0.05x | 7.88x | Rp-64.12 Billion |
| 2023 | 2.09% | 12.51% | 0.06x | 2.61x | Rp-1.02 Trillion |
| 2024 | 3.09% | 22.03% | 0.06x | 2.25x | Rp-1.40 Trillion |
Industry Comparison
This section compares PT Pantai Indah Kapuk Dua 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: $2,935,148,148,191
- Average return on equity (ROE) among peers: 3.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Pantai Indah Kapuk Dua Tbk (PANI) | Rp29.43 Trillion | 1.48% | 0.66x | $999.83 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $1.97 Trillion | 6.76% | 1.37x | $6.68 Million |
| Makmur Berkah Amanda Pt (AMAN) | $619.31 Billion | 5.41% | 0.39x | $8.15 Million |
| Agung Podomoro Land Tbk (APLN) | $11.36 Trillion | 1.59% | 1.68x | $21.65 Million |
| Alam Sutera Realty Tbk (ASRI) | $2.79 Trillion | 21.63% | 1.16x | $78.83 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $120.62 Billion | -3.79% | 0.10x | $1.06 Million |
| Bhakti Agung Propertindo (BAPI) | $427.74 Billion | -0.24% | 0.52x | $2.99 Million |
| Bumi Citra Permai Tbk (BCIP) | $255.10 Billion | 1.86% | 1.64x | $3.82 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $-152.77 Billion | 0.00% | 0.00x | $556.90K |
| Sentul City Tbk (BKSL) | $10.32 Trillion | -1.62% | 0.62x | $112.63 Million |
| Wulandari Bangun Laksana (BSBK) | $1.65 Trillion | 0.24% | 0.53x | $13.48 Million |