Wijaya Karya Bangunan Gedung Tbk PT (WEGE) - Net Assets
Based on the latest financial reports, Wijaya Karya Bangunan Gedung Tbk PT (WEGE) has net assets worth Rp2.55 Trillion IDR (≈ $149.63 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp4.86 Trillion ≈ $284.78 Million USD) and total liabilities (Rp2.31 Trillion ≈ $135.15 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 financial resilience of Wijaya Karya Bangunan Gedung Tbk PT to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp2.55 Trillion |
| % of Total Assets | 52.54% |
| Annual Growth Rate | 28.81% |
| 5-Year Change | 18.73% |
| 10-Year Change | -52.08% |
| Growth Volatility | 826.89 |
Wijaya Karya Bangunan Gedung Tbk PT - Net Assets Trend (2012–2024)
This chart illustrates how Wijaya Karya Bangunan Gedung Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore WEGE total asset value for the complete picture of this company's asset base.
Annual Net Assets for Wijaya Karya Bangunan Gedung Tbk PT (2012–2024)
The table below shows the annual net assets of Wijaya Karya Bangunan Gedung Tbk PT from 2012 to 2024. For live valuation and market cap data, see WEGE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.61 Trillion ≈ $152.70 Million |
+1.85% |
| 2023-12-31 | Rp2.56 Trillion ≈ $149.93 Million |
+0.74% |
| 2022-12-31 | Rp2.54 Trillion ≈ $148.83 Million |
+6.65% |
| 2021-12-31 | Rp2.38 Trillion ≈ $139.55 Million |
+8.51% |
| 2020-12-31 | Rp2.19 Trillion ≈ $128.61 Million |
-10.75% |
| 2019-12-31 | Rp2.46 Trillion ≈ $144.11 Million |
+15.10% |
| 2018-12-31 | Rp2.14 Trillion ≈ $125.21 Million |
+23.96% |
| 2017-12-31 | Rp1.72 Trillion ≈ $101.00 Million |
+167.14% |
| 2016-12-31 | Rp645.25 Billion ≈ $37.81 Million |
-88.13% |
| 2015-12-31 | Rp5.44 Trillion ≈ $318.65 Million |
+11.51% |
| 2014-12-31 | Rp4.88 Trillion ≈ $285.76 Million |
+3000.16% |
| 2013-12-31 | Rp157.31 Billion ≈ $9.22 Million |
+25.94% |
| 2012-12-31 | Rp124.90 Billion ≈ $7.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wijaya Karya Bangunan Gedung 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 1252.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp963.25 Billion | 36.99% |
| Common Stock | Rp957.20 Billion | 36.76% |
| Other Comprehensive Income | Rp159.44 Billion | 6.12% |
| Other Components | Rp524.08 Billion | 20.13% |
| Total Equity | Rp2.60 Trillion | 100.00% |
Wijaya Karya Bangunan Gedung Tbk PT Competitors by Market Cap
The table below lists competitors of Wijaya Karya Bangunan Gedung Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongil Metal Co. Ltd
KQ:109860
|
$33.10 Million |
|
Sekuro Plastik Ambalaj Sanayi AS
IS:SEKUR
|
$33.12 Million |
|
TOP Engineering Co. Ltd
KQ:065130
|
$33.15 Million |
|
WiseChip Semiconductor
TWO:5245
|
$33.15 Million |
|
Zanaga Iron Ore Company Limited
F:6ZA
|
$33.09 Million |
|
Ashima Limited
NSE:ASHIMASYN
|
$33.08 Million |
|
Grace Therapeutics, Inc.
NASDAQ:GRCE
|
$33.06 Million |
|
XPLUS SA ZY -01
F:75R
|
$33.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wijaya Karya Bangunan Gedung Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,556,814,316,761 to 2,603,969,114,000, a change of 47,154,797,239 (1.8%).
- Net income of 67,888,265,000 contributed positively to equity growth.
- Dividend payments of 9,380,560,000 reduced retained earnings.
- Other comprehensive income decreased equity by 6,652,907,090.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp67.89 Billion | +2.61% |
| Dividends Paid | Rp9.38 Billion | -0.36% |
| Other Comprehensive Income | Rp-6.65 Billion | -0.26% |
| Other Changes | Rp-4.70 Billion | -0.18% |
| Total Change | Rp- | 1.84% |
Book Value vs Market Value Analysis
This analysis compares Wijaya Karya Bangunan Gedung 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: 0.22x
- 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.
- The price-to-book ratio has decreased from 0.39x to 0.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp151.55 | Rp59.00 | x |
| 2013-12-31 | Rp190.86 | Rp59.00 | x |
| 2014-12-31 | Rp4859.49 | Rp59.00 | x |
| 2015-12-31 | Rp457.08 | Rp59.00 | x |
| 2016-12-31 | Rp67.41 | Rp59.00 | x |
| 2017-12-31 | Rp177.43 | Rp59.00 | x |
| 2018-12-31 | Rp220.55 | Rp59.00 | x |
| 2019-12-31 | Rp253.76 | Rp59.00 | x |
| 2020-12-31 | Rp225.86 | Rp59.00 | x |
| 2021-12-31 | Rp245.10 | Rp59.00 | x |
| 2022-12-31 | Rp265.13 | Rp59.00 | x |
| 2023-12-31 | Rp267.11 | Rp59.00 | x |
| 2024-12-31 | Rp272.04 | Rp59.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wijaya Karya Bangunan Gedung 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): 2.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.85%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.20x
- Recent ROE (2.61%) is below the historical average (14.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 25.35% | 3.19% | 1.38x | 5.75x | Rp18.61 Billion |
| 2013 | 27.64% | 3.60% | 1.55x | 4.94x | Rp26.94 Billion |
| 2014 | 15.64% | 4.88% | 0.78x | 4.09x | Rp219.40 Billion |
| 2015 | 14.29% | 4.59% | 0.69x | 4.48x | Rp187.53 Billion |
| 2016 | 22.20% | 7.42% | 0.95x | 3.14x | Rp78.70 Billion |
| 2017 | 17.36% | 7.56% | 0.85x | 2.71x | Rp125.03 Billion |
| 2018 | 21.04% | 7.63% | 0.99x | 2.79x | Rp233.14 Billion |
| 2019 | 18.59% | 9.89% | 0.74x | 2.55x | Rp208.76 Billion |
| 2020 | 7.09% | 5.45% | 0.46x | 2.81x | Rp-62.91 Billion |
| 2021 | 9.12% | 6.75% | 0.53x | 2.55x | Rp-20.73 Billion |
| 2022 | 6.85% | 7.34% | 0.44x | 2.14x | Rp-79.99 Billion |
| 2023 | 1.83% | 1.17% | 0.72x | 2.18x | Rp-208.98 Billion |
| 2024 | 2.61% | 1.85% | 0.64x | 2.20x | Rp-192.51 Billion |
Industry Comparison
This section compares Wijaya Karya Bangunan Gedung Tbk PT's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $867,944,174,465
- Average return on equity (ROE) among peers: 2.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wijaya Karya Bangunan Gedung Tbk PT (WEGE) | Rp2.55 Trillion | 25.35% | 0.90x | $33.09 Million |
| Acset Indonusa Tbk (ACST) | $1.12 Trillion | -62.14% | 1.22x | $102.53 Million |
| Adhi Karya Persero Tbk (ADHI) | $1.75 Trillion | 18.50% | 4.97x | $104.44 Million |
| Bumi Benowo Sukses Sejahtera Pt (BBSS) | $250.82 Billion | -0.44% | 0.02x | $45.56 Million |
| Bukaka Teknik Utama Tbk Pt (BUKK) | $3.32 Trillion | 14.35% | 0.57x | $184.89 Million |
| Nusa Konstruksi Enjiniring Tbk (DGIK) | $682.22 Billion | 7.09% | 0.75x | $41.57 Million |
| Fimperkasa Utama Tbk PT (FIMP) | $31.42 Billion | 22.86% | 0.21x | $1.62 Million |
| Indonesia Pondasi Raya Tbk PT (IDPR) | $288.70 Billion | 51.96% | 0.88x | $35.45 Million |
| Harta Djaya Karya Tbk Pt (MEJA) | $2.82 Billion | 17.11% | 3.43x | $14.15 Million |
| Meta Epsi Tbk PT (MTPS) | $84.42 Billion | -42.58% | 9.02x | $9.90 Million |
| Nusa Raya Cipta Tbk (NRCA) | $1.15 Trillion | 1.71% | 0.93x | $87.27 Million |
About Wijaya Karya Bangunan Gedung Tbk PT
PT Wijaya Karya Bangunan Gedung Tbk, together with its subsidiaries, engages in construction services, real estate development, and precast activities in Indonesia. It operates through Construction, Property, Concession, and Modular segments. The company was founded in 2008 and is headquartered in Jakarta, Indonesia. PT Wijaya Karya Bangunan Gedung Tbk is a subsidiary of PT Wijaya Karya (Persero)… Read more