Bukit Asam Tbk PT (PTBA) - Net Assets

Latest as of September 2025: Rp20.77 Trillion IDR ≈ $1.22 Billion USD

Based on the latest financial reports, Bukit Asam Tbk PT (PTBA) has net assets worth Rp20.77 Trillion IDR (≈ $1.22 Billion USD) 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 ≈ $2.51 Billion USD) and total liabilities (Rp22.06 Trillion ≈ $1.29 Billion 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 how resilient are Bukit Asam Tbk PT's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore PTBA current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Bukit Asam Tbk PT.

Year Net Assets Change
2024-12-31 Rp22.64 Trillion
≈ $1.33 Billion
+5.01%
2023-12-31 Rp21.56 Trillion
≈ $1.26 Billion
-25.43%
2022-12-31 Rp28.92 Trillion
≈ $1.69 Billion
+19.22%
2021-12-31 Rp24.25 Trillion
≈ $1.42 Billion
+43.18%
2020-12-31 Rp16.94 Trillion
≈ $992.57 Million
-8.05%
2019-12-31 Rp18.42 Trillion
≈ $1.08 Billion
+13.23%
2018-12-31 Rp16.27 Trillion
≈ $953.34 Million
+17.90%
2017-12-31 Rp13.80 Trillion
≈ $808.62 Million
+30.78%
2016-12-31 Rp10.55 Trillion
≈ $618.33 Million
+13.62%
2015-12-31 Rp9.29 Trillion
≈ $544.21 Million
+7.11%
2014-12-31 Rp8.67 Trillion
≈ $508.08 Million
+14.82%
2013-12-31 Rp7.55 Trillion
≈ $442.49 Million
-11.21%
2012-12-31 Rp8.51 Trillion
≈ $498.37 Million
+4.17%
2011-12-31 Rp8.17 Trillion
≈ $478.44 Million
+26.76%
2010-12-31 Rp6.44 Trillion
≈ $377.43 Million
+11.33%
2009-12-31 Rp5.79 Trillion
≈ $339.03 Million
+41.89%
2008-12-31 Rp4.08 Trillion
≈ $238.93 Million
+45.05%
2007-12-31 Rp2.81 Trillion
≈ $164.73 Million
+21.82%
2006-12-31 Rp2.31 Trillion
≈ $135.22 Million
+11.86%
2005-12-31 Rp2.06 Trillion
≈ $120.88 Million
+21.46%
2004-12-31 Rp1.70 Trillion
≈ $99.52 Million
+11.78%
2003-12-31 Rp1.52 Trillion
≈ $89.03 Million
+11.44%
2002-12-31 Rp1.36 Trillion
≈ $79.89 Million
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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
Stewart Information Services Corp
NYSE:STC
$1.94 Billion
E-Mart
KO:139480
$1.94 Billion
Thai President Foods Public Company Limited
BK:TFMAMA
$1.94 Billion
Capri Global Capital Limited
NSE:CGCL
$1.94 Billion
Xiamen ITG Group Corp Ltd
SHG:600755
$1.94 Billion
CECO Environmental Corp.
NASDAQ:CECO
$1.94 Billion
Dalian Huarui Heavy Industry Group Co Ltd
SHE:002204
$1.94 Billion
Parex Resources Inc
TO:PXT
$1.94 Billion

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: 1.47x
  • 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 15.57x to 1.47x 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 Rp2870.00 x
2006-12-31 Rp199.17 Rp2870.00 x
2007-12-31 Rp242.97 Rp2870.00 x
2008-12-31 Rp347.04 Rp2870.00 x
2009-12-31 Rp494.88 Rp2870.00 x
2010-12-31 Rp552.64 Rp2870.00 x
2011-12-31 Rp702.07 Rp2870.00 x
2012-12-31 Rp732.76 Rp2870.00 x
2013-12-31 Rp669.90 Rp2870.00 x
2014-12-31 Rp786.85 Rp2870.00 x
2015-12-31 Rp848.13 Rp2870.00 x
2016-12-31 Rp988.71 Rp2870.00 x
2017-12-31 Rp1291.04 Rp2870.00 x
2018-12-31 Rp1519.47 Rp2870.00 x
2019-12-31 Rp1631.61 Rp2870.00 x
2020-12-31 Rp1498.87 Rp2870.00 x
2021-12-31 Rp2094.47 Rp2870.00 x
2022-12-31 Rp2498.87 Rp2870.00 x
2023-12-31 Rp1865.95 Rp2870.00 x
2024-12-31 Rp1955.71 Rp2870.00 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: $186,639,287,191
  • Average return on equity (ROE) among peers: 10.18%

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 $1.94 Billion
Abm Investama Tbk (ABMM) $161.75 Million -23.33% 4.11x $475.91 Million
PT Alamtri Resources Indonesia Tbk (ADRO) $3.35 Billion 4.55% 0.78x $4.25 Billion
Akbar Indomakmur Stimec Tbk (AIMS) $20.13 Billion 6.64% 3.04x $5.80 Million
Atlas Resources Tbk (ARII) $144.31 Million -7.38% 1.07x $61.97 Million
Borneo Olah Sarana Sukses PT (BOSS) $-71.64 Billion 0.00% 0.00x $4.10 Million
Baramulti Suksessarana Tbk (BSSR) $149.89 Million 55.25% 0.40x $610.20 Million
Bumi Resources Tbk (BUMI) $503.61 Million 43.77% 6.76x $5.22 Billion
Bayan Resources Tbk (BYAN) $340.62 Million 25.14% 1.74x $22.27 Billion
Exploitasi Energi Indonesia (CNKO) $1.91 Trillion -31.22% 1.71x $397.57K
PT Petrindo Jaya Kreasi Tbk (CUAN) $565.90 Million 28.41% 2.14x $7.90 Billion

About Bukit Asam Tbk PT

JK:PTBA Indonesia Thermal Coal
Market Cap
$1.94 Billion
Rp33.05 Trillion IDR
Market Cap Rank
#6396 Global
#56 in Indonesia
Share Price
Rp2870.00
Change (1 day)
-1.37%
52-Week Range
Rp2170.00 - Rp3180.00
All Time High
Rp3180.00
About

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