Pembangunan Jaya Ancol Tbk (PJAA) - Net Assets

Latest as of March 2026: Rp1.82 Trillion IDR ≈ $106.74 Million USD

Based on the latest financial reports, Pembangunan Jaya Ancol Tbk (PJAA) has net assets worth Rp1.82 Trillion IDR (≈ $106.74 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp3.53 Trillion ≈ $206.64 Million USD) and total liabilities (Rp1.70 Trillion ≈ $99.90 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 Pembangunan Jaya Ancol Tbk tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp1.82 Trillion
% of Total Assets	51.66%
Annual Growth Rate	7.26%
5-Year Change	24.6%
10-Year Change	1.75%
Growth Volatility	10.82

Pembangunan Jaya Ancol Tbk - Net Assets Trend (2003–2025)

This chart illustrates how Pembangunan Jaya Ancol Tbk's net assets have evolved over time, based on quarterly financial data. See PJAA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Pembangunan Jaya Ancol Tbk (2003–2025)

The table below shows the annual net assets of Pembangunan Jaya Ancol Tbk from 2003 to 2025. For live valuation and market cap data, see Pembangunan Jaya Ancol Tbk market capitalisation.

Year	Net Assets	Change
2025-12-31	Rp1.86 Trillion ≈ $108.99 Million	+7.28%
2024-12-31	Rp1.73 Trillion ≈ $101.60 Million	+3.93%
2023-12-31	Rp1.67 Trillion ≈ $97.75 Million	+6.87%
2022-12-31	Rp1.56 Trillion ≈ $91.46 Million	+4.56%
2021-12-31	Rp1.49 Trillion ≈ $87.47 Million	-15.27%
2020-12-31	Rp1.76 Trillion ≈ $103.23 Million	-18.08%
2019-12-31	Rp2.15 Trillion ≈ $126.02 Million	+1.18%
2018-12-31	Rp2.13 Trillion ≈ $124.55 Million	+6.79%
2017-12-31	Rp1.99 Trillion ≈ $116.63 Million	+8.88%
2016-12-31	Rp1.83 Trillion ≈ $107.12 Million	+2.21%
2015-12-31	Rp1.79 Trillion ≈ $104.80 Million	+10.53%
2014-12-31	Rp1.62 Trillion ≈ $94.82 Million	+10.04%
2013-12-31	Rp1.47 Trillion ≈ $86.17 Million	+12.25%
2012-12-31	Rp1.31 Trillion ≈ $76.77 Million	+11.10%
2011-12-31	Rp1.18 Trillion ≈ $69.10 Million	+9.39%
2010-12-31	Rp1.08 Trillion ≈ $63.17 Million	+11.34%
2009-12-31	Rp968.14 Billion ≈ $56.73 Million	+9.49%
2008-12-31	Rp884.22 Billion ≈ $51.81 Million	+8.56%
2007-12-31	Rp814.52 Billion ≈ $47.73 Million	+12.55%
2006-12-31	Rp723.69 Billion ≈ $42.41 Million	+11.97%
2005-12-31	Rp646.33 Billion ≈ $37.87 Million	+15.00%
2004-12-31	Rp562.01 Billion ≈ $32.93 Million	+41.22%
2003-12-31	Rp397.97 Billion ≈ $23.32 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Pembangunan Jaya Ancol 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 312.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Rp1.56 Trillion	84.75%
Common Stock	Rp400.00 Billion	21.73%
Other Comprehensive Income	Rp-159.76 Billion	-8.68%
Other Components	Rp40.40 Billion	2.20%
Total Equity	Rp1.84 Trillion	100.00%

Pembangunan Jaya Ancol Tbk Competitors by Market Cap

The table below lists competitors of Pembangunan Jaya Ancol Tbk ranked by their market capitalization.

Company	Market Cap
Huvis Corporation KO:079980	$43.13 Million
Cyan AG XETRA:CYR	$43.14 Million
Covalon Technologies Ltd. V:COV	$43.15 Million
Hwacheon Machi KO:010660	$43.16 Million
LTKM Bhd KLSE:7085	$43.12 Million
Sherritt International Corporation TO:S	$43.08 Million
PA Nova S.A. WAR:NVA	$43.08 Million
SunCar Technology Group Inc. NASDAQ:SDA	$43.07 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pembangunan Jaya Ancol Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,714,300,000,000 to 1,840,702,000,000, a change of 126,402,000,000 (7.4%).
Net income of 180,194,000,000 contributed positively to equity growth.
Dividend payments of 38,400,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 9,414,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rp180.19 Billion	+9.79%
Dividends Paid	Rp38.40 Billion	-2.09%
Other Comprehensive Income	Rp-9.41 Billion	-0.51%
Other Changes	Rp-5.98 Billion	-0.32%
Total Change	Rp-	7.37%

Book Value vs Market Value Analysis

This analysis compares Pembangunan Jaya Ancol 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: 0.40x
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 0.76x to 0.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	Rp604.60	Rp460.00	x
2010-12-31	Rp653.19	Rp460.00	x
2011-12-31	Rp712.90	Rp460.00	x
2012-12-31	Rp782.48	Rp460.00	x
2013-12-31	Rp855.53	Rp460.00	x
2014-12-31	Rp949.11	Rp460.00	x
2015-12-31	Rp1051.25	Rp460.00	x
2016-12-31	Rp1061.55	Rp460.00	x
2017-12-31	Rp1160.15	Rp460.00	x
2018-12-31	Rp1245.41	Rp460.00	x
2019-12-31	Rp1330.48	Rp460.00	x
2020-12-31	Rp1088.12	Rp460.00	x
2021-12-31	Rp922.66	Rp460.00	x
2022-12-31	Rp966.23	Rp460.00	x
2023-12-31	Rp1029.48	Rp460.00	x
2024-12-31	Rp1071.44	Rp460.00	x
2025-12-31	Rp1150.44	Rp460.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pembangunan Jaya Ancol 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): 9.79%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 16.07%
• Asset Turnover: 0.31x
• Equity Multiplier: 1.97x
Recent ROE (9.79%) is below the historical average (11.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	26.44%	24.22%	0.76x	1.44x	Rp65.41 Billion
2004	19.69%	20.38%	0.70x	1.37x	Rp54.44 Billion
2005	19.27%	20.15%	0.68x	1.40x	Rp59.91 Billion
2006	17.45%	18.21%	0.73x	1.32x	Rp53.88 Billion
2007	17.31%	18.46%	0.60x	1.57x	Rp59.49 Billion
2008	14.97%	15.48%	0.64x	1.51x	Rp43.89 Billion
2009	14.20%	15.29%	0.59x	1.58x	Rp40.65 Billion
2010	13.56%	15.38%	0.59x	1.50x	Rp37.25 Billion
2011	14.20%	17.36%	0.54x	1.52x	Rp47.86 Billion
2012	14.19%	16.91%	0.44x	1.90x	Rp52.57 Billion
2013	14.04%	15.48%	0.47x	1.92x	Rp55.31 Billion
2014	15.49%	21.35%	0.38x	1.91x	Rp83.30 Billion
2015	17.29%	25.71%	0.36x	1.86x	Rp122.66 Billion
2016	7.70%	10.19%	0.34x	2.22x	Rp-39.02 Billion
2017	11.86%	17.76%	0.33x	2.02x	Rp34.59 Billion
2018	11.21%	17.40%	0.29x	2.19x	Rp24.12 Billion
2019	10.82%	16.96%	0.33x	1.92x	Rp17.55 Billion
2020	-22.62%	-95.10%	0.10x	2.32x	Rp-567.97 Billion
2021	-18.72%	-70.99%	0.09x	3.00x	Rp-424.01 Billion
2022	9.98%	16.10%	0.25x	2.52x	Rp-368.60 Million
2023	14.28%	18.46%	0.34x	2.27x	Rp70.46 Billion
2024	10.37%	14.11%	0.35x	2.10x	Rp6.36 Billion
2025	9.79%	16.07%	0.31x	1.97x	Rp-3.88 Billion

Industry Comparison

This section compares Pembangunan Jaya Ancol Tbk's net assets metrics with peer companies in the Leisure industry.

Industry Context

Industry: Leisure
Average net assets among peers: $1,005,762,049,728
Average return on equity (ROE) among peers: 16.25%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pembangunan Jaya Ancol Tbk (PJAA)	Rp1.82 Trillion	26.44%	0.94x	$43.13 Million
Sepeda Bersama Indonesia Tbk PT (BIKE)	$120.10 Billion	17.67%	0.24x	$38.67 Million
Graha Andrasentra Propertindo Tbk PT (JGLE)	$3.04 Trillion	32.86%	0.49x	$75.42 Million
Sunindo Adipersada Tbk Pt (TOYS)	$260.69 Billion	0.72%	0.39x	$672.68K
Pt Pakuan Tbk (UANG)	$603.45 Billion	13.77%	1.99x	$166.62 Million

About Pembangunan Jaya Ancol Tbk

JK:PJAA Indonesia Leisure

Market Cap

$43.13 Million

Rp736.00 Billion IDR

Market Cap Rank

#22479 Global

#433 in Indonesia

Share Price

Rp460.00

Change (1 day)

-0.86%

52-Week Range

Rp412.00 - Rp690.00

All Time High

Rp2024.80