Bukit Asam Tbk PT (PTBA) - Net Assets

Latest as of March 2026: Rp23.67 Trillion IDR ≈ $1.39 Billion USD

Based on the latest financial reports, Bukit Asam Tbk PT (PTBA) has net assets worth Rp23.67 Trillion IDR (≈ $1.39 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp43.23 Trillion ≈ $2.53 Billion USD) and total liabilities (Rp19.56 Trillion ≈ $1.15 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 PTBA tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rp23.67 Trillion
% of Total Assets 54.76%
Annual Growth Rate 12.99%
5-Year Change -6.75%
10-Year Change 114.33%
Growth Volatility 16.58

Bukit Asam Tbk PT - Net Assets Trend (2002–2025)

This chart illustrates how Bukit Asam Tbk PT's net assets have evolved over time, based on quarterly financial data. See Bukit Asam Tbk PT defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Bukit Asam Tbk PT (2002–2025)

The table below shows the annual net assets of Bukit Asam Tbk PT from 2002 to 2025. For live valuation and market cap data, see market cap of Bukit Asam Tbk PT.

Year Net Assets Change
2025-12-31 Rp22.62 Trillion
≈ $1.33 Billion		 -0.12%
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		 --

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 554060200000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Rp5.54 Trillion 24.64%
Common Stock Rp1.15 Trillion 5.12%
Other Comprehensive Income Rp15.16 Trillion 67.43%
Other Components Rp630.31 Billion 2.80%
Total Equity Rp22.48 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
Genesis Energy LP
NYSE:GEL
 $1.77 Billion
Jiangxi Hongcheng Waterworks Co Ltd
SHG:600461
 $1.77 Billion
Hubei Zhongyi Science Technology Co. Ltd.
SHE:301150
 $1.77 Billion
360 Finance Inc
NASDAQ:QFIN
 $1.77 Billion
Montana Aerospace AG
SW:AERO
 $1.77 Billion
Jilin OLED Material Tech Co Ltd
SHG:688378
 $1.77 Billion
Hyundai Doosan Infracore Co Ltd
KO:042670
 $1.77 Billion
Shenzhen Topband Co Ltd
SHE:002139
 $1.77 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 2024 to 2025, total equity changed from 22,505,288,000,000 to 22,483,714,000,000, a change of -21,574,000,000 (-0.1%).
  • Net income of 2,929,957,000,000 contributed positively to equity growth.
  • Dividend payments of 3,827,792,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 306,309,000,000.
  • Other factors increased equity by 569,952,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Rp2.93 Trillion +13.03%
Dividends Paid Rp3.83 Trillion -17.02%
Other Comprehensive Income Rp306.31 Billion +1.36%
Other Changes Rp569.95 Billion +2.53%
Total Change Rp- -0.10%

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: 1.34x
  • 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 14.21x to 1.34x 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 Rp2620.00 x
2006-12-31 Rp199.17 Rp2620.00 x
2007-12-31 Rp242.97 Rp2620.00 x
2008-12-31 Rp347.04 Rp2620.00 x
2009-12-31 Rp494.88 Rp2620.00 x
2010-12-31 Rp552.64 Rp2620.00 x
2011-12-31 Rp702.07 Rp2620.00 x
2012-12-31 Rp732.76 Rp2620.00 x
2013-12-31 Rp669.90 Rp2620.00 x
2014-12-31 Rp786.85 Rp2620.00 x
2015-12-31 Rp848.13 Rp2620.00 x
2016-12-31 Rp988.71 Rp2620.00 x
2017-12-31 Rp1291.04 Rp2620.00 x
2018-12-31 Rp1519.47 Rp2620.00 x
2019-12-31 Rp1631.61 Rp2620.00 x
2020-12-31 Rp1498.87 Rp2620.00 x
2021-12-31 Rp2094.47 Rp2620.00 x
2022-12-31 Rp2498.87 Rp2620.00 x
2023-12-31 Rp1865.95 Rp2620.00 x
2024-12-31 Rp1955.71 Rp2620.00 x
2025-12-31 Rp1952.67 Rp2620.00 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): 13.03%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.87%
  • • Asset Turnover: 0.97x
  • • Equity Multiplier: 1.95x
  • Recent ROE (13.03%) is below the historical average (27.14%), 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
2025 13.03% 6.87% 0.97x 1.95x Rp681.59 Billion

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: $-45,644,059,474
  • Average return on equity (ROE) among peers: -0.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bukit Asam Tbk PT (PTBA) Rp23.67 Trillion 13.12% 0.83x $1.77 Billion
Abm Investama Tbk (ABMM) $173.56 Million -21.92% 5.86x $396.86 Million
PT Alamtri Resources Indonesia Tbk (ADRO) $1.27 Billion 5.87% 1.40x $3.92 Billion
Akbar Indomakmur Stimec Tbk (AIMS) $17.81 Billion 0.00% 1.00x $5.29 Million
Atlas Resources Tbk (ARII) $133.00 Million -8.03% 1.38x $63.28 Million
Borneo Olah Sarana Sukses PT (BOSS) $-78.01 Billion 0.00% 0.00x $4.10 Million
Baramulti Suksessarana Tbk (BSSR) $-194.29K 0.00% 0.00x $657.73 Million
Bumi Resources Tbk (BUMI) $419.14 Billion 2.52% 0.19x $3.76 Billion
Bayan Resources Tbk (BYAN) $449.84 Million -8.07% 2.48x $19.09 Billion
Exploitasi Energi Indonesia (CNKO) $-817.96 Billion 0.00% 0.00x $283.02K
PT Petrindo Jaya Kreasi Tbk (CUAN) $565.90 Million 28.41% 2.14x $4.91 Billion

About Bukit Asam Tbk PT

JK:PTBA Indonesia Thermal Coal
Market Cap
$1.77 Billion
Rp30.17 Trillion IDR
Market Cap Rank
#6715 Global
#56 in Indonesia
Share Price
Rp2620.00
Change (1 day)
+0.00%
52-Week Range
Rp2170.00 - Rp3180.00
All Time High
Rp3180.00
Categories
Companies in Indonesia Thermal Coal
About

PT Bukit Asam (Persero) Tbk, together with its subsidiaries, engages in coal mining activities in Indonesia. The company's coal mining activities include general surveying, exploration, exploitation, processing, refining, transportation, and trading. It maintains special coal dock facilities; operates steam-fired power plants; and engages in the mining of coal methane gas. The company also offers… Read more