Pollux Properti Indonesia Tbk PT
PT Pollux Properties Indonesia Tbk operates as a property developer in Indonesia. It operates through Rent Office Room, Apartment, Hotel, Mall, Office, and Others segments. The company develops apartments, condominiums, offices, shopping centers, hospitals, hotels, convention centers, housing, industrial estates, and facilities. It also purchases, sells, leases, and operates real estate propertie… Read more
Pollux Properti Indonesia Tbk PT (POLL) - Net Assets
Latest net assets as of March 2025: Rp1.59 Trillion IDR
Based on the latest financial reports, Pollux Properti Indonesia Tbk PT (POLL) has net assets worth Rp1.59 Trillion IDR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.63 Trillion) and total liabilities (Rp1.03 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 | Rp1.59 Trillion |
| % of Total Assets | 60.66% |
| Annual Growth Rate | 35.65% |
| 5-Year Change | 7.35% |
| 10-Year Change | N/A |
| Growth Volatility | 220.61 |
Pollux Properti Indonesia Tbk PT - Net Assets Trend (2015–2024)
This chart illustrates how Pollux Properti Indonesia Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pollux Properti Indonesia Tbk PT (2015–2024)
The table below shows the annual net assets of Pollux Properti Indonesia Tbk PT from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.59 Trillion | -26.05% |
| 2023-12-31 | Rp2.15 Trillion | +26.63% |
| 2022-12-31 | Rp1.70 Trillion | +25.96% |
| 2021-12-31 | Rp1.35 Trillion | -8.99% |
| 2020-12-31 | Rp1.48 Trillion | -35.75% |
| 2019-12-31 | Rp2.31 Trillion | +8.64% |
| 2018-12-31 | Rp2.12 Trillion | +95.54% |
| 2017-12-31 | Rp1.09 Trillion | +31.63% |
| 2016-12-31 | Rp824.54 Billion | +707.09% |
| 2015-12-31 | Rp102.16 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pollux Properti Indonesia Tbk PT'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 92.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp138.14 Billion | 8.69% |
| Common Stock | Rp831.88 Billion | 52.31% |
| Other Components | Rp620.20 Billion | 39.00% |
| Total Equity | Rp1.59 Trillion | 100.00% |
Pollux Properti Indonesia Tbk PT Competitors by Market Cap
The table below lists competitors of Pollux Properti Indonesia Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bluemount Holdings Limited Class B Ordinary Shares
NASDAQ:BMHL
|
$12.04 Million |
|
SergeFerrari Group S.A.
LSE:0QVG
|
$12.04 Million |
|
Asia Seed Co.Ltd
KQ:154030
|
$12.04 Million |
|
GLCP
PINK:GLCP
|
$12.04 Million |
|
Altin Yunus Cesme Turistik Tesisler AS
IS:AYCES
|
$12.03 Million |
|
Han Chang Pape
KO:009460
|
$12.03 Million |
|
First Bancorp of Indiana Inc
PINK:FBPI
|
$12.02 Million |
|
Tipco Foods Public Company Limited
BK:TIPCO
|
$12.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pollux Properti Indonesia Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,531,713,905,381 to 1,590,224,104,680, a change of 58,510,199,299 (3.8%).
- Net income of 18,707,781,380 contributed positively to equity growth.
- Other comprehensive income increased equity by 46,282,746,243.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp18.71 Billion | +1.18% |
| Other Comprehensive Income | Rp46.28 Billion | +2.91% |
| Other Changes | Rp-6.48 Billion | -0.41% |
| Total Change | Rp- | 3.82% |
Book Value vs Market Value Analysis
This analysis compares Pollux Properti Indonesia Tbk PT'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: 0.59x
- 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 11.48x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Rp9.76 | Rp112.00 | x |
| 2016-12-31 | Rp824536.13 | Rp112.00 | x |
| 2017-12-31 | Rp105.43 | Rp112.00 | x |
| 2018-12-31 | Rp169.31 | Rp112.00 | x |
| 2019-12-31 | Rp165.49 | Rp112.00 | x |
| 2020-12-31 | Rp118.50 | Rp112.00 | x |
| 2021-12-31 | Rp138.17 | Rp112.00 | x |
| 2022-12-31 | Rp142.22 | Rp112.00 | x |
| 2023-12-31 | Rp144.35 | Rp112.00 | x |
| 2024-12-31 | Rp191.16 | Rp112.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pollux Properti Indonesia Tbk PT 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): 1.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.55%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.65x
- Recent ROE (1.18%) is below the historical average (13.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 75.04% | 25.59% | 0.12x | 24.24x | Rp52.78 Billion |
| 2016 | 5.58% | 11.62% | 0.15x | 3.13x | Rp-36.46 Billion |
| 2017 | 6.93% | 13.76% | 0.13x | 3.78x | Rp-26.92 Billion |
| 2018 | 5.54% | 10.36% | 0.19x | 2.83x | Rp-77.50 Billion |
| 2019 | 10.11% | 26.69% | 0.12x | 3.23x | Rp2.01 Billion |
| 2020 | 6.86% | 17.21% | 0.07x | 5.58x | Rp-39.46 Billion |
| 2021 | -11.88% | -33.65% | 0.06x | 6.00x | Rp-251.46 Billion |
| 2022 | 31.79% | 141.39% | 0.07x | 3.21x | Rp328.87 Billion |
| 2023 | 0.91% | 4.57% | 0.07x | 2.95x | Rp-139.26 Billion |
| 2024 | 1.18% | 11.55% | 0.06x | 1.65x | Rp-140.31 Billion |
Industry Comparison
This section compares Pollux Properti Indonesia Tbk PT'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 |
|---|---|---|---|---|
| Pollux Properti Indonesia Tbk PT (POLL) | Rp1.59 Trillion | 75.04% | 0.65x | $12.03 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 |