PP Properti Tbk PT (PPRO) - Net Assets
Based on the latest financial reports, PP Properti Tbk PT (PPRO) has net assets worth Rp9.87 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 (Rp17.88 Trillion) and total liabilities (Rp8.01 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 | Rp9.87 Trillion |
| % of Total Assets | 55.19% |
| Annual Growth Rate | 8.18% |
| 5-Year Change | -51.67% |
| 10-Year Change | -12.76% |
| Growth Volatility | 46.63 |
PP Properti Tbk PT - Net Assets Trend (2013–2024)
This chart illustrates how PP Properti 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 PP Properti Tbk PT (2013–2024)
The table below shows the annual net assets of PP Properti Tbk PT from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.20 Trillion | -33.18% |
| 2023-12-31 | Rp3.29 Trillion | -27.85% |
| 2022-12-31 | Rp4.56 Trillion | +1.28% |
| 2021-12-31 | Rp4.50 Trillion | -1.01% |
| 2020-12-31 | Rp4.54 Trillion | -25.81% |
| 2019-12-31 | Rp6.13 Trillion | +5.27% |
| 2018-12-31 | Rp5.82 Trillion | +16.37% |
| 2017-12-31 | Rp5.00 Trillion | +68.47% |
| 2016-12-31 | Rp2.97 Trillion | +17.89% |
| 2015-12-31 | Rp2.52 Trillion | +136.23% |
| 2014-12-31 | Rp1.07 Trillion | +15.19% |
| 2013-12-31 | Rp925.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PP Properti 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 decreased by 17204.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp1.54 Trillion | 96.33% |
| Other Comprehensive Income | Rp365.64 Billion | 22.84% |
| Other Components | Rp1.75 Trillion | 109.07% |
| Total Equity | Rp1.60 Trillion | 100.00% |
PP Properti Tbk PT Competitors by Market Cap
The table below lists competitors of PP Properti Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NoiBai Cargo Terminal Services JSC
VN:NCT
|
$90.37 Million |
|
BNCCorp Inc
OTCQX:BNCC
|
$90.37 Million |
|
OncoCyte Corp
NASDAQ:OCX
|
$90.37 Million |
|
M & A EQUITY HOLDINGS BERHAD
KLSE:7082
|
$90.40 Million |
|
Golden Matrix Group Inc
NASDAQ:GMGI
|
$90.34 Million |
|
WonderFi Technologies Inc
OTCQB:WONDF
|
$90.31 Million |
|
Yunsa Yunlu Sanayi ve Ticaret AS
IS:YUNSA
|
$90.31 Million |
|
Barington/Hilco Acquisition
NASDAQ:BHAC
|
$90.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PP Properti Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,688,921,261,283 to 1,600,671,031,000, a change of -1,088,250,230,283 (-40.5%).
- Net loss of 1,089,512,661,000 reduced equity.
- Other comprehensive income increased equity by 1,262,430,653.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-1.09 Trillion | -68.07% |
| Other Comprehensive Income | Rp1.26 Billion | +0.08% |
| Other Changes | Rp64.00 | +0.0% |
| Total Change | Rp- | -40.47% |
Book Value vs Market Value Analysis
This analysis compares PP Properti 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: 0.92x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | Rp25.33 | Rp25.00 | x |
| 2014-12-31 | Rp29.16 | Rp25.00 | x |
| 2015-12-31 | Rp44.76 | Rp25.00 | x |
| 2016-12-31 | Rp58.75 | Rp25.00 | x |
| 2017-12-31 | Rp81.15 | Rp25.00 | x |
| 2018-12-31 | Rp89.47 | Rp25.00 | x |
| 2019-12-31 | Rp94.14 | Rp25.00 | x |
| 2020-12-31 | Rp68.04 | Rp25.00 | x |
| 2021-12-31 | Rp67.25 | Rp25.00 | x |
| 2022-12-31 | Rp67.75 | Rp25.00 | x |
| 2023-12-31 | Rp45.63 | Rp25.00 | x |
| 2024-12-31 | Rp27.16 | Rp25.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PP Properti 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): -68.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -237.62%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 11.40x
- Recent ROE (-68.07%) is below the historical average (-3.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.78% | 28.46% | 0.18x | 1.55x | Rp-20.51 Billion |
| 2014 | 9.43% | 16.94% | 0.21x | 2.63x | Rp-6.07 Billion |
| 2015 | 11.94% | 19.95% | 0.28x | 2.11x | Rp48.74 Billion |
| 2016 | 12.95% | 16.99% | 0.24x | 3.13x | Rp83.26 Billion |
| 2017 | 9.30% | 16.42% | 0.22x | 2.63x | Rp-33.51 Billion |
| 2018 | 8.94% | 18.44% | 0.16x | 3.12x | Rp-55.98 Billion |
| 2019 | 6.18% | 13.65% | 0.13x | 3.53x | Rp-212.05 Billion |
| 2020 | 2.73% | 5.27% | 0.11x | 4.64x | Rp-291.60 Billion |
| 2021 | 0.51% | 2.36% | 0.04x | 5.32x | Rp-375.90 Billion |
| 2022 | 0.50% | 1.17% | 0.08x | 5.46x | Rp-379.26 Billion |
| 2023 | -47.60% | -130.14% | 0.05x | 7.32x | Rp-1.55 Trillion |
| 2024 | -68.07% | -237.62% | 0.03x | 11.40x | Rp-1.25 Trillion |
Industry Comparison
This section compares PP Properti 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: $3,512,453,679,883
- Average return on equity (ROE) among peers: 10.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PP Properti Tbk PT (PPRO) | Rp9.87 Trillion | 7.78% | 0.81x | $90.35 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.46 Trillion | 4.27% | 1.57x | $65.11 Million |
| Makmur Berkah Amanda Pt (AMAN) | $766.24 Billion | 7.66% | 0.74x | $72.63 Million |
| Agung Podomoro Land Tbk (APLN) | $12.84 Trillion | 0.94% | 1.30x | $222.13 Million |
| Alam Sutera Realty Tbk (ASRI) | $2.79 Trillion | 21.63% | 1.16x | $160.04 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $87.47 Billion | 5.13% | 0.82x | $4.42 Million |
| Bhakti Agung Propertindo (BAPI) | $10.84 Billion | -22.77% | 15.43x | $9.50 Million |
| Bumi Citra Permai Tbk (BCIP) | $225.32 Billion | 14.37% | 0.92x | $5.87 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $-328.07 Billion | 0.00% | 0.00x | $1.91 Million |
| Sentul City Tbk (BKSL) | $15.14 Trillion | 2.19% | 0.31x | $2.53 Million |
| Wulandari Bangun Laksana (BSBK) | $1.14 Trillion | 75.66% | 0.99x | $85.28 Million |
About PP Properti Tbk PT
PT Pembangunan Perumahan Properti Tbk, together with its subsidiaries, engages in real estate business in Indonesia. It operates through Realty and Property segments. The company is involved in the purchase and development land; and development, rental, and management of apartment units. It also engages in hotel development planning, operation, and maintenance activities; and development and mana… Read more