Bukit Asam Tbk PT
PT Bukit Asam Tbk, together with its subsidiaries, engages in coal mining activities in Indonesia. Its coal mining activities include general surveying, exploration, exploitation, processing, refining, transportation, and trading. It maintains special coal port facilities; operates steam power plants; and engages in the mining of coal methane gas. The company also offers briquette processing, min… Read more
Bukit Asam Tbk PT (PTBA) - Net Assets
Latest net assets as of September 2025: Rp20.77 Trillion IDR
Based on the latest financial reports, Bukit Asam Tbk PT (PTBA) has net assets worth Rp20.77 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp42.84 Trillion) and total liabilities (Rp22.06 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 | Rp20.77 Trillion |
| % of Total Assets | 48.49% |
| Annual Growth Rate | 13.62% |
| 5-Year Change | 33.68% |
| 10-Year Change | 143.81% |
| Growth Volatility | 16.66 |
Bukit Asam Tbk PT - Net Assets Trend (2002–2024)
This chart illustrates how Bukit Asam 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 Bukit Asam Tbk PT (2002–2024)
The table below shows the annual net assets of Bukit Asam Tbk PT from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp22.64 Trillion | +5.01% |
| 2023-12-31 | Rp21.56 Trillion | -25.43% |
| 2022-12-31 | Rp28.92 Trillion | +19.22% |
| 2021-12-31 | Rp24.25 Trillion | +43.18% |
| 2020-12-31 | Rp16.94 Trillion | -8.05% |
| 2019-12-31 | Rp18.42 Trillion | +13.23% |
| 2018-12-31 | Rp16.27 Trillion | +17.90% |
| 2017-12-31 | Rp13.80 Trillion | +30.78% |
| 2016-12-31 | Rp10.55 Trillion | +13.62% |
| 2015-12-31 | Rp9.29 Trillion | +7.11% |
| 2014-12-31 | Rp8.67 Trillion | +14.82% |
| 2013-12-31 | Rp7.55 Trillion | -11.21% |
| 2012-12-31 | Rp8.51 Trillion | +4.17% |
| 2011-12-31 | Rp8.17 Trillion | +26.76% |
| 2010-12-31 | Rp6.44 Trillion | +11.33% |
| 2009-12-31 | Rp5.79 Trillion | +41.89% |
| 2008-12-31 | Rp4.08 Trillion | +45.05% |
| 2007-12-31 | Rp2.81 Trillion | +21.82% |
| 2006-12-31 | Rp2.31 Trillion | +11.86% |
| 2005-12-31 | Rp2.06 Trillion | +21.46% |
| 2004-12-31 | Rp1.70 Trillion | +11.78% |
| 2003-12-31 | Rp1.52 Trillion | +11.44% |
| 2002-12-31 | Rp1.36 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bukit Asam 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 586848500000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp5.87 Trillion | 26.08% |
| Common Stock | Rp1.15 Trillion | 5.12% |
| Other Comprehensive Income | Rp14.85 Trillion | 66.00% |
| Other Components | Rp630.31 Billion | 2.80% |
| Total Equity | Rp22.51 Trillion | 100.00% |
Bukit Asam Tbk PT Competitors by Market Cap
The table below lists competitors of Bukit Asam Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
POLA Orbis Holdings Inc
F:8PO
|
$675.68 Million |
|
Red 5 Ltd
AU:RED
|
$675.95 Million |
|
Zehnder
SW:ZEHN
|
$676.09 Million |
|
American Public Education Inc
NASDAQ:APEI
|
$676.30 Million |
|
Guomai Technologies Inc
SHE:002093
|
$675.52 Million |
|
Lizhong Sitong Light Alloys Group Co Ltd
SHE:300428
|
$675.37 Million |
|
Suzhou SLAC Precision Equipment Co Ltd
SHE:300382
|
$675.35 Million |
|
M Grass Ecology and Environment Group Co Ltd
SHE:300355
|
$675.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bukit Asam Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,434,538,000,000 to 22,505,288,000,000, a change of 1,070,750,000,000 (5.0%).
- Net income of 5,103,720,000,000 contributed positively to equity growth.
- Dividend payments of 4,579,393,000,000 reduced retained earnings.
- Share repurchases of 79,265,000,000 reduced equity.
- New share issuances of 79,265,000,000 increased equity.
- Other comprehensive income increased equity by 411,732,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp5.10 Trillion | +22.68% |
| Dividends Paid | Rp4.58 Trillion | -20.35% |
| Share Repurchases | Rp79.27 Billion | -0.35% |
| Share Issuances | Rp79.27 Billion | +0.35% |
| Other Comprehensive Income | Rp411.73 Billion | +1.83% |
| Other Changes | Rp134.69 Billion | +0.6% |
| Total Change | Rp- | 5.00% |
Book Value vs Market Value Analysis
This analysis compares Bukit Asam 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: 1.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.78x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp184.38 | Rp2910.00 | x |
| 2006-12-31 | Rp199.17 | Rp2910.00 | x |
| 2007-12-31 | Rp242.97 | Rp2910.00 | x |
| 2008-12-31 | Rp347.04 | Rp2910.00 | x |
| 2009-12-31 | Rp494.88 | Rp2910.00 | x |
| 2010-12-31 | Rp552.64 | Rp2910.00 | x |
| 2011-12-31 | Rp702.07 | Rp2910.00 | x |
| 2012-12-31 | Rp732.76 | Rp2910.00 | x |
| 2013-12-31 | Rp669.90 | Rp2910.00 | x |
| 2014-12-31 | Rp786.85 | Rp2910.00 | x |
| 2015-12-31 | Rp848.13 | Rp2910.00 | x |
| 2016-12-31 | Rp988.71 | Rp2910.00 | x |
| 2017-12-31 | Rp1291.04 | Rp2910.00 | x |
| 2018-12-31 | Rp1519.47 | Rp2910.00 | x |
| 2019-12-31 | Rp1631.61 | Rp2910.00 | x |
| 2020-12-31 | Rp1498.87 | Rp2910.00 | x |
| 2021-12-31 | Rp2094.47 | Rp2910.00 | x |
| 2022-12-31 | Rp2498.87 | Rp2910.00 | x |
| 2023-12-31 | Rp1865.95 | Rp2910.00 | x |
| 2024-12-31 | Rp1955.71 | Rp2910.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bukit Asam 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): 22.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.93%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.86x
- Recent ROE (22.68%) is below the historical average (27.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.12% | 8.22% | 1.09x | 1.46x | Rp42.32 Billion |
| 2003 | 16.26% | 10.75% | 1.13x | 1.34x | Rp94.56 Billion |
| 2004 | 24.85% | 16.06% | 1.10x | 1.41x | Rp250.88 Billion |
| 2005 | 22.85% | 15.64% | 1.06x | 1.38x | Rp263.79 Billion |
| 2006 | 21.27% | 13.82% | 1.14x | 1.35x | Rp258.63 Billion |
| 2007 | 27.18% | 18.45% | 1.05x | 1.40x | Rp480.90 Billion |
| 2008 | 42.89% | 23.76% | 1.18x | 1.53x | Rp1.31 Trillion |
| 2009 | 47.87% | 30.50% | 1.11x | 1.42x | Rp2.16 Trillion |
| 2010 | 31.40% | 25.27% | 0.91x | 1.37x | Rp1.36 Trillion |
| 2011 | 38.18% | 29.18% | 0.92x | 1.42x | Rp2.28 Trillion |
| 2012 | 34.45% | 25.01% | 0.91x | 1.51x | Rp2.06 Trillion |
| 2013 | 24.55% | 16.29% | 0.96x | 1.57x | Rp1.08 Trillion |
| 2014 | 23.57% | 15.42% | 0.88x | 1.73x | Rp1.16 Trillion |
| 2015 | 22.19% | 14.82% | 0.81x | 1.84x | Rp1.12 Trillion |
| 2016 | 19.25% | 14.27% | 0.76x | 1.78x | Rp964.05 Billion |
| 2017 | 32.90% | 22.99% | 0.89x | 1.62x | Rp3.12 Trillion |
| 2018 | 31.37% | 23.73% | 0.88x | 1.51x | Rp3.42 Trillion |
| 2019 | 22.22% | 18.62% | 0.83x | 1.43x | Rp2.23 Trillion |
| 2020 | 14.24% | 13.78% | 0.72x | 1.44x | Rp710.48 Billion |
| 2021 | 32.87% | 27.03% | 0.81x | 1.50x | Rp5.50 Trillion |
| 2022 | 43.78% | 29.47% | 0.94x | 1.58x | Rp9.70 Trillion |
| 2023 | 28.49% | 15.86% | 0.99x | 1.81x | Rp3.96 Trillion |
| 2024 | 22.68% | 11.93% | 1.02x | 1.86x | Rp2.85 Trillion |
Industry Comparison
This section compares Bukit Asam Tbk PT's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $76,529,607,888
- Average return on equity (ROE) among peers: 5.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bukit Asam Tbk PT (PTBA) | Rp20.77 Trillion | 13.12% | 1.06x | $675.57 Million |
| Adaro Andalan Indonesia Tbk (AADI) | $4.37 Billion | 26.20% | 0.62x | $1.89 Billion |
| Abm Investama Tbk (ABMM) | $161.75 Million | -23.33% | 4.11x | $48.25 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $4.46 Billion | 20.94% | 0.70x | $1.66 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $14.97 Billion | -10.78% | 0.01x | $2.15 Million |
| Atlas Resources Tbk (ARII) | $56.27 Million | -43.42% | 4.87x | $28.40 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $87.38 Billion | -121.65% | 7.00x | $2.95 Million |
| Baramulti Suksessarana Tbk (BSSR) | $190.38 Million | 16.03% | 0.38x | $59.12 Million |
| Bumi Resources Tbk (BUMI) | $286.35 Million | 130.35% | 11.91x | $1.77 Billion |
| Bayan Resources Tbk (BYAN) | $1.98 Billion | 62.59% | 0.74x | $5.78 Billion |
| Exploitasi Energi Indonesia (CNKO) | $651.45 Billion | 0.23% | 0.16x | $256.50K |