Triputra Agro Persada Tbk PT (TAPG) - Net Assets
Based on the latest financial reports, Triputra Agro Persada Tbk PT (TAPG) has net assets worth Rp12.45 Trillion IDR (≈ $729.78 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp15.40 Trillion ≈ $902.60 Million USD) and total liabilities (Rp2.95 Trillion ≈ $172.82 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 Triputra Agro Persada Tbk PT (TAPG) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp12.45 Trillion |
| % of Total Assets | 80.85% |
| Annual Growth Rate | 10.29% |
| 5-Year Change | 49.92% |
| 10-Year Change | N/A |
| Growth Volatility | 10.4 |
Triputra Agro Persada Tbk PT - Net Assets Trend (2017–2025)
This chart illustrates how Triputra Agro Persada Tbk PT's net assets have evolved over time, based on quarterly financial data. See how many days can Triputra Agro Persada Tbk PT fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Triputra Agro Persada Tbk PT (2017–2025)
The table below shows the annual net assets of Triputra Agro Persada Tbk PT from 2017 to 2025. For live valuation and market cap data, see TAPG market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp11.69 Trillion ≈ $684.84 Million |
+3.65% |
| 2024-12-31 | Rp11.28 Trillion ≈ $660.75 Million |
-0.56% |
| 2023-12-31 | Rp11.34 Trillion ≈ $664.45 Million |
+8.90% |
| 2022-12-31 | Rp10.41 Trillion ≈ $610.15 Million |
+33.57% |
| 2021-12-31 | Rp7.80 Trillion ≈ $456.82 Million |
+17.12% |
| 2020-12-31 | Rp6.66 Trillion ≈ $390.03 Million |
+15.74% |
| 2019-12-31 | Rp5.75 Trillion ≈ $336.98 Million |
+3.38% |
| 2018-12-31 | Rp5.56 Trillion ≈ $325.98 Million |
+4.20% |
| 2017-12-31 | Rp5.34 Trillion ≈ $312.84 Million |
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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 734.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp5.31 Trillion | 47.42% |
| Common Stock | Rp1.99 Trillion | 17.71% |
| Other Comprehensive Income | Rp573.52 Billion | 5.12% |
| Other Components | Rp3.34 Trillion | 29.76% |
| Total Equity | Rp11.21 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 |
|---|---|
|
Voyager Technologies, Inc.
NYSE:VOYG
|
$1.76 Billion |
|
OliX PharmaceuticalsInc
KQ:226950
|
$1.76 Billion |
|
Anhui Kouzi Distillery Co Ltd
SHG:603589
|
$1.76 Billion |
|
Nexa Resources SA
NYSE:NEXA
|
$1.76 Billion |
|
Topscore Fashion
SHG:603608
|
$1.76 Billion |
|
Dynavax Technologies Corporation
NASDAQ:DVAX
|
$1.76 Billion |
|
Skywater Technology Inc
NASDAQ:SKYT
|
$1.76 Billion |
|
Semapa
LS:SEM
|
$1.76 Billion |
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 2024 to 2025, total equity changed from 10,807,905,000,000 to 11,209,079,000,000, a change of 401,174,000,000 (3.7%).
- Net income of 3,702,266,000,000 contributed positively to equity growth.
- Dividend payments of 3,275,669,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,040,203,000,000.
- Other factors decreased equity by 1,065,626,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp3.70 Trillion | +33.03% |
| Dividends Paid | Rp3.28 Trillion | -29.22% |
| Other Comprehensive Income | Rp1.04 Trillion | +9.28% |
| Other Changes | Rp-1.07 Trillion | -9.51% |
| Total Change | Rp- | 3.71% |
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: 2.68x
- 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 5.83x to 2.68x 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 | Rp1515.00 | x |
| 2018-12-31 | Rp271.63 | Rp1515.00 | x |
| 2019-12-31 | Rp281.29 | Rp1515.00 | x |
| 2020-12-31 | Rp340.71 | Rp1515.00 | x |
| 2021-12-31 | Rp382.62 | Rp1515.00 | x |
| 2022-12-31 | Rp504.79 | Rp1515.00 | x |
| 2023-12-31 | Rp548.74 | Rp1515.00 | x |
| 2024-12-31 | Rp544.41 | Rp1515.00 | x |
| 2025-12-31 | Rp564.62 | Rp1515.00 | 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): 33.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.47%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.31x
- Recent ROE (33.03%) is above the historical average (18.03%), 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 |
| 2025 | 33.03% | 32.47% | 0.78x | 1.31x | Rp2.58 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: $1,650,106,485,158
- Average return on equity (ROE) among peers: 8.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Triputra Agro Persada Tbk PT (TAPG) | Rp12.45 Trillion | 18.99% | 0.24x | $1.76 Billion |
| Astra Agro Lestari Tbk (AALI) | $11.70 Trillion | 5.29% | 0.84x | $687.95 Million |
| Asia Sejahtera Mina Tbk (AGAR) | $106.97 Billion | 0.02% | 0.84x | $12.77 Million |
| Andira Agro Tbk PT (ANDI) | $182.74 Billion | -30.62% | 1.07x | $10.41 Million |
| Austindo Nusantara Jaya Tbk (ANJT) | $391.89 Million | 2.46% | 0.46x | $305.62 Million |
| PT Cilacap Samudera Fishing Industry Tbk (ASHA) | $31.42 Billion | 0.45% | 0.93x | $17.58 Million |
| PT Janu Putra Sejahtera Tbk (AYAM) | $114.97 Billion | 10.84% | 1.28x | $79.69 Million |
| Bumi Teknokultura Unggul Tbk (BTEK) | $1.99 Trillion | -1.58% | 1.67x | $35.25 Million |
| Charoen Pokphand Indonesia TBK PT (CPIN) | $632.43 Billion | 0.00% | 3.13x | $3.28 Billion |
| Central Proteina Prima Tbk (CPRO) | $1.31 Trillion | 91.79% | 4.49x | $120.94 Million |
| Cisadane Sawit Raya Pt (CSRA) | $438.11 Billion | 6.58% | 1.92x | $97.30 Million |
About 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