Triputra Agro Persada Tbk PT
PT Triputra Agro Persada Tbk engages in the oil palm plantations and palm oil processing businesses in Indonesia. It produces crude palm oil, palm kernel, slab, and ribbed smoked sheet products. The company is also involved in the rubber plantation; other management consulting; wholesale trading; construction; and mining activities. As of December 31, 2021, it operated approximately 85,086 hectar… Read more
Triputra Agro Persada Tbk PT (TAPG) - Net Assets
Latest net assets as of September 2025: Rp11.67 Trillion IDR
Based on the latest financial reports, Triputra Agro Persada Tbk PT (TAPG) has net assets worth Rp11.67 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 (Rp14.46 Trillion) and total liabilities (Rp2.79 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 | Rp11.67 Trillion |
| % of Total Assets | 80.72% |
| Annual Growth Rate | 11.27% |
| 5-Year Change | 69.41% |
| 10-Year Change | N/A |
| Growth Volatility | 10.74 |
Triputra Agro Persada Tbk PT - Net Assets Trend (2017–2024)
This chart illustrates how Triputra Agro Persada 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 Triputra Agro Persada Tbk PT (2017–2024)
The table below shows the annual net assets of Triputra Agro Persada Tbk PT from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp11.28 Trillion | -0.56% |
| 2023-12-31 | Rp11.34 Trillion | +8.90% |
| 2022-12-31 | Rp10.41 Trillion | +33.57% |
| 2021-12-31 | Rp7.80 Trillion | +17.12% |
| 2020-12-31 | Rp6.66 Trillion | +15.74% |
| 2019-12-31 | Rp5.75 Trillion | +3.38% |
| 2018-12-31 | Rp5.56 Trillion | +4.20% |
| 2017-12-31 | Rp5.34 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Triputra Agro Persada 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 771.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp5.56 Trillion | 51.41% |
| Common Stock | Rp1.99 Trillion | 18.37% |
| Other Comprehensive Income | Rp-466.68 Billion | -4.32% |
| Other Components | Rp3.73 Trillion | 34.53% |
| Total Equity | Rp10.81 Trillion | 100.00% |
Triputra Agro Persada Tbk PT Competitors by Market Cap
The table below lists competitors of Triputra Agro Persada Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ottogi
KO:007310
|
$358.59 Million |
|
Zhejiang Feida Environmental Science & Technology Co Ltd
SHG:600526
|
$358.90 Million |
|
Navigo Invest AB Pfd
ST:NAVIGO-PREF
|
$359.01 Million |
|
Yieh Phui Enterprise Co Ltd
TW:2023
|
$359.07 Million |
|
Hangzhou Arcvideo Technology Co Ltd
SHG:688039
|
$358.37 Million |
|
ASSECO STH EAST.EUR.ZY 10
F:7T8
|
$358.27 Million |
|
International Gemmological Institute (India) Limited
NSE:IGIL
|
$358.23 Million |
|
Grand Pacific Petrochemical Corp
TW:1312
|
$358.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Triputra Agro Persada Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,893,957,000,000 to 10,807,905,000,000, a change of -86,052,000,000 (-0.8%).
- Net income of 3,120,276,000,000 contributed positively to equity growth.
- Dividend payments of 3,315,374,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 956,580,000,000.
- Other factors increased equity by 1,065,626,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp3.12 Trillion | +28.87% |
| Dividends Paid | Rp3.32 Trillion | -30.68% |
| Other Comprehensive Income | Rp-956.58 Billion | -8.85% |
| Other Changes | Rp1.07 Trillion | +9.86% |
| Total Change | Rp- | -0.79% |
Book Value vs Market Value Analysis
This analysis compares Triputra Agro Persada 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: 3.17x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.64x to 3.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Rp259.84 | Rp1725.00 | x |
| 2018-12-31 | Rp271.63 | Rp1725.00 | x |
| 2019-12-31 | Rp281.29 | Rp1725.00 | x |
| 2020-12-31 | Rp340.71 | Rp1725.00 | x |
| 2021-12-31 | Rp382.62 | Rp1725.00 | x |
| 2022-12-31 | Rp504.79 | Rp1725.00 | x |
| 2023-12-31 | Rp548.74 | Rp1725.00 | x |
| 2024-12-31 | Rp544.41 | Rp1725.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Triputra Agro Persada 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): 28.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.26%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.32x
- Recent ROE (28.87%) is above the historical average (16.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 18.99% | 26.13% | 0.33x | 2.20x | Rp463.92 Billion |
| 2018 | 3.92% | 5.38% | 0.30x | 2.44x | Rp-327.71 Billion |
| 2019 | 3.43% | 4.42% | 0.35x | 2.20x | Rp-367.02 Billion |
| 2020 | 14.08% | 17.30% | 0.43x | 1.91x | Rp264.18 Billion |
| 2021 | 15.43% | 18.46% | 0.50x | 1.66x | Rp407.71 Billion |
| 2022 | 29.75% | 31.90% | 0.64x | 1.45x | Rp1.98 Trillion |
| 2023 | 14.76% | 19.32% | 0.60x | 1.27x | Rp518.82 Billion |
| 2024 | 28.87% | 32.26% | 0.68x | 1.32x | Rp2.04 Trillion |
Industry Comparison
This section compares Triputra Agro Persada Tbk PT's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,205,385,688,408
- Average return on equity (ROE) among peers: 4.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Triputra Agro Persada Tbk PT (TAPG) | Rp11.67 Trillion | 18.99% | 0.24x | $358.45 Million |
| Astra Agro Lestari Tbk (AALI) | $1.56 Trillion | 17.96% | 0.82x | $174.24 Million |
| Asia Sejahtera Mina Tbk (AGAR) | $106.97 Billion | 0.02% | 0.84x | $3.78 Million |
| PT Agung Menjangan Mas Tbk (AMMS) | $46.13 Billion | 1.47% | 0.02x | $5.42 Million |
| Andira Agro Tbk PT (ANDI) | $259.17 Billion | 4.82% | 0.88x | $5.66 Million |
| Austindo Nusantara Jaya Tbk (ANJT) | $433.28 Million | 8.54% | 0.51x | $1.16 Million |
| PT Cilacap Samudera Fishing Industry Tbk (ASHA) | $30.47 Billion | 2.11% | 0.81x | $9.07 Million |
| PT Janu Putra Sejahtera Tbk (AYAM) | $17.78 Billion | 10.86% | 11.23x | $15.47 Million |
| Bumi Teknokultura Unggul Tbk (BTEK) | $1.11 Trillion | -10.30% | 2.66x | $26.58 Million |
| Charoen Pokphand Indonesia TBK PT (CPIN) | $15.70 Trillion | 15.91% | 0.56x | $1.65 Billion |
| Central Proteina Prima Tbk (CPRO) | $3.22 Trillion | -6.74% | 1.70x | $45.45 Million |