Pollux Properti Indonesia Tbk PT (POLL) - Net Assets
Based on the latest financial reports, Pollux Properti Indonesia Tbk PT (POLL) has net assets worth Rp1.59 Trillion IDR (≈ $93.36 Million USD) 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 ≈ $153.91 Million USD) and total liabilities (Rp1.03 Trillion ≈ $60.55 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 financial resilience of Pollux Properti Indonesia Tbk PT to evaluate the company's liquid asset resilience ratio.
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. Also explore POLL total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Pollux Properti Indonesia Tbk PT.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.59 Trillion ≈ $93.18 Million |
-26.05% |
| 2023-12-31 | Rp2.15 Trillion ≈ $126.01 Million |
+26.63% |
| 2022-12-31 | Rp1.70 Trillion ≈ $99.50 Million |
+25.96% |
| 2021-12-31 | Rp1.35 Trillion ≈ $79.00 Million |
-8.99% |
| 2020-12-31 | Rp1.48 Trillion ≈ $86.80 Million |
-35.75% |
| 2019-12-31 | Rp2.31 Trillion ≈ $135.10 Million |
+8.64% |
| 2018-12-31 | Rp2.12 Trillion ≈ $124.36 Million |
+95.54% |
| 2017-12-31 | Rp1.09 Trillion ≈ $63.60 Million |
+31.63% |
| 2016-12-31 | Rp824.54 Billion ≈ $48.31 Million |
+707.09% |
| 2015-12-31 | Rp102.16 Billion ≈ $5.99 Million |
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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 |
|---|---|
|
China Crystal New Material
KQ:900250
|
$54.62 Million |
|
Taiwan Taffeta Fabric Co Ltd
TW:1454
|
$54.63 Million |
|
High Roller Technologies, Inc.
NYSE MKT:ROLR
|
$54.64 Million |
|
IBKS No2 SPAC
KQ:204840
|
$54.68 Million |
|
ZEN Graphene Solutions Ltd
NASDAQ:ZTEK
|
$54.58 Million |
|
S&S Power Switchgears Limited
NSE:S&SPOWER
|
$54.58 Million |
|
Kanpur Plastipack Limited
NSE:KANPRPLA
|
$54.58 Million |
|
VOC Energy Trust
NYSE:VOC
|
$54.57 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: $2,982,914,972,543
- Average return on equity (ROE) among peers: 4.10%
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 | $54.59 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.46 Trillion | 4.27% | 1.57x | $66.41 Million |
| Makmur Berkah Amanda Pt (AMAN) | $766.24 Billion | 7.66% | 0.74x | $58.10 Million |
| Agung Podomoro Land Tbk (APLN) | $13.45 Trillion | 8.05% | 1.11x | $279.32 Million |
| Alam Sutera Realty Tbk (ASRI) | $1.76 Trillion | 3.34% | 0.73x | $153.13 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $92.50 Billion | 5.43% | 0.90x | $9.23 Million |
| Bhakti Agung Propertindo (BAPI) | $9.21 Billion | 1.53% | 28.97x | $9.50 Million |
| Bumi Citra Permai Tbk (BCIP) | $305.36 Billion | 16.14% | 1.58x | $5.53 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $-344.95 Billion | 0.00% | 0.00x | $1.91 Million |
| Sentul City Tbk (BKSL) | $10.25 Trillion | -5.43% | 0.79x | $2.22 Million |
| Bumi Serpong Damai Tbk (BSDE) | $1.08 Trillion | 0.00% | 1.83x | $943.59 Million |
About 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