United Tractors Tbk PT
PT United Tractors Tbk, together with its subsidiaries, provides coal mining services in Indonesia. The company operates in five segments: Construction Machinery, Mining Contracting, Thermal and Metallurgical Coal Mining, Gold and Other Mineral Mining, and Other segments. It also distributes heavy equipment, trucks, cranes, and buses under the Komatsu, UD Trucks, Scania, Bomag, Tadano, and United… Read more
United Tractors Tbk PT (UNTR) - Net Assets
Latest net assets as of December 2025: Rp103.14 Trillion IDR
Based on the latest financial reports, United Tractors Tbk PT (UNTR) has net assets worth Rp103.14 Trillion IDR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp177.64 Trillion) and total liabilities (Rp74.50 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 | Rp103.14 Trillion |
| % of Total Assets | 58.06% |
| Annual Growth Rate | 22.7% |
| 5-Year Change | 43.6% |
| 10-Year Change | 141.98% |
| Growth Volatility | 26.08 |
United Tractors Tbk PT - Net Assets Trend (2000–2025)
This chart illustrates how United Tractors 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 United Tractors Tbk PT (2000–2025)
The table below shows the annual net assets of United Tractors Tbk PT from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp103.14 Trillion | +5.05% |
| 2024-12-31 | Rp98.18 Trillion | +16.83% |
| 2023-12-31 | Rp84.04 Trillion | -6.12% |
| 2022-12-31 | Rp89.51 Trillion | +24.63% |
| 2021-12-31 | Rp71.82 Trillion | +13.74% |
| 2020-12-31 | Rp63.15 Trillion | +3.33% |
| 2019-12-31 | Rp61.11 Trillion | +7.12% |
| 2018-12-31 | Rp57.05 Trillion | +20.01% |
| 2017-12-31 | Rp47.54 Trillion | +11.53% |
| 2016-12-31 | Rp42.62 Trillion | +8.59% |
| 2015-12-31 | Rp39.25 Trillion | +1.75% |
| 2014-12-31 | Rp38.58 Trillion | +8.21% |
| 2013-12-31 | Rp35.65 Trillion | +10.37% |
| 2012-12-31 | Rp32.30 Trillion | +17.44% |
| 2011-12-31 | Rp27.50 Trillion | +70.14% |
| 2010-12-31 | Rp16.17 Trillion | +15.87% |
| 2009-12-31 | Rp13.95 Trillion | +24.53% |
| 2008-12-31 | Rp11.20 Trillion | +93.61% |
| 2007-12-31 | Rp5.79 Trillion | +24.67% |
| 2006-12-31 | Rp4.64 Trillion | +11.89% |
| 2005-12-31 | Rp4.15 Trillion | +32.10% |
| 2004-12-31 | Rp3.14 Trillion | +99.34% |
| 2003-12-31 | Rp1.58 Trillion | +32.78% |
| 2002-12-31 | Rp1.19 Trillion | +32.11% |
| 2001-12-31 | Rp898.02 Billion | +44.83% |
| 2000-12-31 | Rp620.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to United Tractors 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 8554762700000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp85.55 Trillion | 87.50% |
| Common Stock | Rp932.53 Billion | 0.95% |
| Other Comprehensive Income | Rp6.49 Trillion | 6.64% |
| Other Components | Rp4.80 Trillion | 4.91% |
| Total Equity | Rp97.77 Trillion | 100.00% |
United Tractors Tbk PT Competitors by Market Cap
The table below lists competitors of United Tractors Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XJ Electric Co Ltd
SHE:000400
|
$2.50 Billion |
|
CleanSpark Inc
NASDAQ:CLSK
|
$2.50 Billion |
|
Kingboard Holdings Limited
F:KGZ
|
$2.50 Billion |
|
Autohome Inc
NYSE:ATHM
|
$2.50 Billion |
|
Shenzhen MTC Co Ltd
SHE:002429
|
$2.49 Billion |
|
Central Puerto S.A.
NYSE:CEPU
|
$2.49 Billion |
|
Triple Flag Precious Metals Corp
NYSE:TFPM
|
$2.49 Billion |
|
Osaic Financial Services, Inc.
PINK:LTSAP
|
$2.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in United Tractors Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 92,947,394,000,000 to 97,773,620,000,000, a change of 4,826,226,000,000 (5.2%).
- Net income of 14,810,434,000,000 contributed positively to equity growth.
- Dividend payments of 7,445,645,000,000 reduced retained earnings.
- Share repurchases of 1,590,420,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,034,059,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp14.81 Trillion | +15.15% |
| Dividends Paid | Rp7.45 Trillion | -7.62% |
| Share Repurchases | Rp1.59 Trillion | -1.63% |
| Other Comprehensive Income | Rp-1.03 Trillion | -1.06% |
| Other Changes | Rp85.92 Billion | +0.09% |
| Total Change | Rp- | 5.19% |
Book Value vs Market Value Analysis
This analysis compares United Tractors 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: 1.11x
- 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 22.64x to 1.11x 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 | Rp1324.93 | Rp30000.00 | x |
| 2006-12-31 | Rp1482.12 | Rp30000.00 | x |
| 2007-12-31 | Rp1933.01 | Rp30000.00 | x |
| 2008-12-31 | Rp3555.52 | Rp30000.00 | x |
| 2009-12-31 | Rp4000.67 | Rp30000.00 | x |
| 2010-12-31 | Rp4850.30 | Rp30000.00 | x |
| 2011-12-31 | Rp7389.00 | Rp30000.00 | x |
| 2012-12-31 | Rp7944.98 | Rp30000.00 | x |
| 2013-12-31 | Rp8905.83 | Rp30000.00 | x |
| 2014-12-31 | Rp9828.12 | Rp30000.00 | x |
| 2015-12-31 | Rp10165.78 | Rp30000.00 | x |
| 2016-12-31 | Rp10954.04 | Rp30000.00 | x |
| 2017-12-31 | Rp12161.08 | Rp30000.00 | x |
| 2018-12-31 | Rp14417.53 | Rp30000.00 | x |
| 2019-12-31 | Rp15605.88 | Rp30000.00 | x |
| 2020-12-31 | Rp16161.98 | Rp30000.00 | x |
| 2021-12-31 | Rp18380.01 | Rp30000.00 | x |
| 2022-12-31 | Rp22901.20 | Rp30000.00 | x |
| 2023-12-31 | Rp21821.23 | Rp30000.00 | x |
| 2024-12-31 | Rp25592.59 | Rp30000.00 | x |
| 2025-12-31 | Rp26949.26 | Rp30000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently United Tractors 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): 15.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.28%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.82x
- Recent ROE (15.15%) is below the historical average (20.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.08% | 0.12% | 0.95x | 9.58x | Rp-50.76 Billion |
| 2001 | 29.20% | 3.37% | 1.09x | 7.93x | Rp156.51 Billion |
| 2002 | 27.66% | 4.41% | 1.13x | 5.55x | Rp193.84 Billion |
| 2003 | 23.01% | 4.99% | 1.13x | 4.07x | Rp193.69 Billion |
| 2004 | 35.43% | 12.36% | 1.31x | 2.18x | Rp789.27 Billion |
| 2005 | 25.88% | 8.00% | 1.25x | 2.59x | Rp651.99 Billion |
| 2006 | 20.50% | 6.87% | 1.22x | 2.45x | Rp482.46 Billion |
| 2007 | 26.27% | 8.29% | 1.40x | 2.27x | Rp932.71 Billion |
| 2008 | 24.12% | 9.62% | 1.22x | 2.05x | Rp1.57 Trillion |
| 2009 | 27.58% | 13.06% | 1.20x | 1.76x | Rp2.43 Trillion |
| 2010 | 24.00% | 10.38% | 1.26x | 1.84x | Rp2.26 Trillion |
| 2011 | 22.42% | 10.72% | 1.19x | 1.76x | Rp3.27 Trillion |
| 2012 | 19.50% | 10.33% | 1.11x | 1.70x | Rp2.82 Trillion |
| 2013 | 14.55% | 9.48% | 0.89x | 1.73x | Rp1.51 Trillion |
| 2014 | 14.65% | 10.10% | 0.88x | 1.64x | Rp1.70 Trillion |
| 2015 | 10.16% | 7.81% | 0.80x | 1.63x | Rp61.52 Billion |
| 2016 | 12.24% | 10.98% | 0.71x | 1.57x | Rp916.22 Billion |
| 2017 | 16.32% | 11.47% | 0.78x | 1.81x | Rp2.87 Trillion |
| 2018 | 20.69% | 13.15% | 0.73x | 2.16x | Rp5.75 Trillion |
| 2019 | 19.43% | 13.40% | 0.76x | 1.92x | Rp5.49 Trillion |
| 2020 | 9.96% | 9.95% | 0.60x | 1.66x | Rp-25.44 Billion |
| 2021 | 14.99% | 12.94% | 0.71x | 1.64x | Rp3.42 Trillion |
| 2022 | 24.80% | 16.99% | 0.88x | 1.66x | Rp12.54 Trillion |
| 2023 | 26.01% | 16.03% | 0.83x | 1.94x | Rp12.69 Trillion |
| 2024 | 21.01% | 14.53% | 0.79x | 1.82x | Rp10.24 Trillion |
| 2025 | 15.15% | 11.28% | 0.74x | 1.82x | Rp5.03 Trillion |
Industry Comparison
This section compares United Tractors Tbk PT's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $581,056,342,711
- Average return on equity (ROE) among peers: 16.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| United Tractors Tbk PT (UNTR) | Rp103.14 Trillion | 1.08% | 0.72x | $2.49 Billion |
| Bumi Resources Minerals Tbk (BRMS) | $-2.84 Billion | 0.00% | 0.00x | $1.23 Billion |
| Cita Mineral Investindo Tbk PT (CITA) | $2.10 Trillion | 29.99% | 0.80x | $76.72 Million |
| Daaz Bara Lestari Tbk (DAAZ) | $1.58 Trillion | 28.79% | 2.25x | $49.60 Million |
| Central Omega Resources Tbk PT (DKFT) | $1.13 Trillion | -4.04% | 0.05x | $81.01 Million |
| Hillcon (HILL) | $-23.50 Billion | 0.00% | 0.00x | $2.42 Million |
| Ifishdeco PT (IFSH) | $838.04 Billion | 9.98% | 0.20x | $42.70 Million |
| Vale Indonesia Tbk (INCO) | $771.12 Million | 3.93% | 0.58x | $805.36 Million |
| Sumber Energi Andalan Tbk PT (ITMA) | $91.38 Million | 34.41% | 0.00x | $16.05 Million |
| Merdeka Copper Gold PT (MDKA) | $2.76 Billion | -0.75% | 0.80x | $2.56 Billion |
| Sinar Terang Mandiri PT Tbk (MINE) | $182.66 Billion | 60.14% | 2.97x | $197.92 |