Ristia Bintang Mahkotasejati (RBMS) - Net Assets
Based on the latest financial reports, Ristia Bintang Mahkotasejati (RBMS) has net assets worth Rp455.66 Billion IDR (≈ $26.70 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 (Rp746.78 Billion ≈ $43.76 Million USD) and total liabilities (Rp291.12 Billion ≈ $17.06 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 RBMS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp455.66 Billion |
| % of Total Assets | 61.02% |
| Annual Growth Rate | 4.33% |
| 5-Year Change | -17.55% |
| 10-Year Change | 272.93% |
| Growth Volatility | 38.94 |
Ristia Bintang Mahkotasejati - Net Assets Trend (2001–2023)
This chart illustrates how Ristia Bintang Mahkotasejati's net assets have evolved over time, based on quarterly financial data. See Ristia Bintang Mahkotasejati defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ristia Bintang Mahkotasejati (2001–2023)
The table below shows the annual net assets of Ristia Bintang Mahkotasejati from 2001 to 2023. For live valuation and market cap data, see Ristia Bintang Mahkotasejati market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Rp498.24 Billion ≈ $29.19 Million |
-3.94% |
| 2022-12-31 | Rp518.67 Billion ≈ $30.39 Million |
-6.74% |
| 2021-12-31 | Rp556.14 Billion ≈ $32.59 Million |
-0.64% |
| 2020-12-31 | Rp559.75 Billion ≈ $32.80 Million |
-7.38% |
| 2019-12-31 | Rp604.33 Billion ≈ $35.41 Million |
-3.95% |
| 2018-12-31 | Rp629.21 Billion ≈ $36.87 Million |
+172.34% |
| 2017-12-31 | Rp231.04 Billion ≈ $13.54 Million |
+42.73% |
| 2016-12-31 | Rp161.87 Billion ≈ $9.49 Million |
-7.33% |
| 2015-12-31 | Rp174.68 Billion ≈ $10.24 Million |
+30.75% |
| 2014-12-31 | Rp133.60 Billion ≈ $7.83 Million |
+2.12% |
| 2013-12-31 | Rp130.82 Billion ≈ $7.67 Million |
-7.79% |
| 2012-12-31 | Rp141.87 Billion ≈ $8.31 Million |
+13.07% |
| 2011-12-31 | Rp125.47 Billion ≈ $7.35 Million |
+14.57% |
| 2010-12-31 | Rp109.52 Billion ≈ $6.42 Million |
-3.77% |
| 2009-12-31 | Rp113.81 Billion ≈ $6.67 Million |
+6.14% |
| 2008-12-31 | Rp107.23 Billion ≈ $6.28 Million |
-43.56% |
| 2007-12-31 | Rp189.98 Billion ≈ $11.13 Million |
-1.38% |
| 2006-12-31 | Rp192.65 Billion ≈ $11.29 Million |
+2.05% |
| 2005-12-31 | Rp188.78 Billion ≈ $11.06 Million |
-3.06% |
| 2004-12-31 | Rp194.73 Billion ≈ $11.41 Million |
+0.71% |
| 2003-12-31 | Rp193.36 Billion ≈ $11.33 Million |
-1.14% |
| 2002-12-31 | Rp195.60 Billion ≈ $11.46 Million |
-0.15% |
| 2001-12-31 | Rp195.89 Billion ≈ $11.48 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ristia Bintang Mahkotasejati'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 1056.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp609.24 Billion | 123.09% |
| Other Comprehensive Income | Rp60.86 Billion | 12.30% |
| Total Equity | Rp494.95 Billion | 100.00% |
Ristia Bintang Mahkotasejati Competitors by Market Cap
The table below lists competitors of Ristia Bintang Mahkotasejati ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GenixPharmaceucticals Corporation
V:GENX
|
$885.77K |
|
NeutriSci International Inc
V:NU
|
$892.12K |
|
Colefax Group
LSE:CFX
|
$892.47K |
|
MPAC Group PLC
LSE:MPAC
|
$896.47K |
|
Nicolas Miguet et Associes SA
PA:MLNMA
|
$882.96K |
|
ARCTIC BLUE BEVERAGES AB
F:U5L
|
$882.10K |
|
Intercede Group
LSE:IGP
|
$882.07K |
|
Eurasia Mining
LSE:EUA
|
$879.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ristia Bintang Mahkotasejati's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 515,159,338,624 to 494,953,624,507, a change of -20,205,714,117 (-3.9%).
- Net loss of 20,485,357,571 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-20.49 Billion | -4.14% |
| Other Changes | Rp279.64 Million | +0.06% |
| Total Change | Rp- | -3.92% |
Book Value vs Market Value Analysis
This analysis compares Ristia Bintang Mahkotasejati'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: 0.19x
- 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 |
|---|---|---|---|
| 2012-12-31 | Rp434.21 | Rp58.00 | x |
| 2013-12-31 | Rp391.24 | Rp58.00 | x |
| 2014-12-31 | Rp408.89 | Rp58.00 | x |
| 2015-12-31 | Rp530.15 | Rp58.00 | x |
| 2016-12-31 | Rp495.40 | Rp58.00 | x |
| 2017-12-31 | Rp702.80 | Rp58.00 | x |
| 2018-12-31 | Rp378.60 | Rp58.00 | x |
| 2019-12-31 | Rp364.79 | Rp58.00 | x |
| 2020-12-31 | Rp338.16 | Rp58.00 | x |
| 2021-12-31 | Rp336.01 | Rp58.00 | x |
| 2022-12-31 | Rp313.38 | Rp58.00 | x |
| 2023-12-31 | Rp301.09 | Rp58.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ristia Bintang Mahkotasejati 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): -4.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.48%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.44x
- Recent ROE (-4.14%) is below the historical average (-1.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 7.37% | 147.96% | 0.04x | 1.42x | Rp-4.16 Billion |
| 2006 | 0.12% | 0.53% | 0.17x | 1.35x | Rp-14.98 Billion |
| 2007 | 0.55% | 1.69% | 0.23x | 1.45x | Rp-14.40 Billion |
| 2008 | 0.90% | 3.53% | 0.23x | 1.10x | Rp-9.76 Billion |
| 2009 | 0.10% | 0.99% | 0.10x | 1.05x | Rp-11.26 Billion |
| 2010 | 0.43% | 2.89% | 0.14x | 1.07x | Rp-10.48 Billion |
| 2012 | 1.36% | 4.61% | 0.27x | 1.08x | Rp-12.26 Billion |
| 2013 | -10.94% | -68.06% | 0.13x | 1.24x | Rp-26.77 Billion |
| 2014 | 2.25% | 6.11% | 0.32x | 1.17x | Rp-10.35 Billion |
| 2015 | -1.78% | -18.18% | 0.09x | 1.10x | Rp-20.41 Billion |
| 2016 | -4.15% | -37.41% | 0.11x | 1.03x | Rp-22.90 Billion |
| 2017 | 6.32% | 10.59% | 0.32x | 1.88x | Rp-8.45 Billion |
| 2018 | 0.36% | 1.24% | 0.20x | 1.44x | Rp-59.97 Billion |
| 2019 | -3.82% | -24.39% | 0.12x | 1.35x | Rp-82.87 Billion |
| 2020 | -8.03% | -178.15% | 0.03x | 1.37x | Rp-100.21 Billion |
| 2021 | -4.26% | -53.41% | 0.06x | 1.40x | Rp-78.79 Billion |
| 2022 | -7.67% | -34.33% | 0.16x | 1.39x | Rp-91.03 Billion |
| 2023 | -4.14% | -11.48% | 0.25x | 1.44x | Rp-69.98 Billion |
Industry Comparison
This section compares Ristia Bintang Mahkotasejati's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $3,368,552,753,197
- Average return on equity (ROE) among peers: 4.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ristia Bintang Mahkotasejati (RBMS) | Rp455.66 Billion | 7.37% | 0.64x | $883.63K |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.62 Trillion | 1.64% | 1.61x | $65.11 Million |
| Makmur Berkah Amanda Pt (AMAN) | $591.05 Billion | 3.35% | 0.35x | $59.92 Million |
| Agung Podomoro Land Tbk (APLN) | $7.21 Trillion | 11.80% | 1.73x | $160.94 Million |
| Alam Sutera Realty Tbk (ASRI) | $6.60 Trillion | 9.03% | 1.83x | $131.26 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $87.47 Billion | 5.13% | 0.82x | $9.23 Million |
| Bhakti Agung Propertindo (BAPI) | $421.05 Billion | -1.27% | 0.63x | $5.90 Million |
| Bumi Citra Permai Tbk (BCIP) | $305.36 Billion | 16.14% | 1.58x | $5.03 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 | $1.42 Million |
| Bumi Serpong Damai Tbk (BSDE) | $1.04 Trillion | 0.00% | 1.11x | $680.12 Million |
About Ristia Bintang Mahkotasejati
PT Ristia Bintang Mahkotasejati Tbk develops housing projects in Indonesia. The company develops housing projects. It operates a hotel. The company was founded in 1985 and is headquartered in Jakarta, Indonesia.