Wijaya Karya Beton PT (WIKA) - Net Assets

Latest as of September 2025: Rp8.57 Trillion IDR ≈ $502.35 Million USD

Based on the latest financial reports, Wijaya Karya Beton PT (WIKA) has net assets worth Rp8.57 Trillion IDR (≈ $502.35 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 (Rp57.02 Trillion ≈ $3.34 Billion USD) and total liabilities (Rp48.44 Trillion ≈ $2.84 Billion 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 WIKA asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp8.57 Trillion
% of Total Assets	15.04%
Annual Growth Rate	19.83%
5-Year Change	-28.73%
10-Year Change	-5.02%
Growth Volatility	8893.02

Wijaya Karya Beton PT - Net Assets Trend (2006–2024)

This chart illustrates how Wijaya Karya Beton PT's net assets have evolved over time, based on quarterly financial data. Also explore Wijaya Karya Beton PT (WIKA) total assets for the complete picture of this company's asset base.

Annual Net Assets for Wijaya Karya Beton PT (2006–2024)

The table below shows the annual net assets of Wijaya Karya Beton PT from 2006 to 2024. For live valuation and market cap data, see WIKA company net worth.

Year	Net Assets	Change
2024-12-31	Rp11.87 Trillion ≈ $695.62 Million	+24.03%
2023-12-31	Rp9.57 Trillion ≈ $560.86 Million	-45.28%
2022-12-31	Rp17.49 Trillion ≈ $1.03 Billion	+0.33%
2021-12-31	Rp17.44 Trillion ≈ $1.02 Billion	+4.67%
2020-12-31	Rp16.66 Trillion ≈ $976.06 Million	-13.31%
2019-12-31	Rp19.22 Trillion ≈ $1.13 Billion	+11.62%
2018-12-31	Rp17.22 Trillion ≈ $1.01 Billion	+17.66%
2017-12-31	Rp14.63 Trillion ≈ $857.37 Million	+30325.29%
2017-09-30	Rp48.09 Billion ≈ $2.82 Million	-99.62%
2016-12-31	Rp12.50 Trillion ≈ $732.38 Million	+28001.53%
2016-09-30	Rp44.48 Billion ≈ $2.61 Million	-99.18%
2015-12-31	Rp5.44 Trillion ≈ $318.65 Million	+14484.05%
2015-09-30	Rp37.29 Billion ≈ $2.18 Million	-99.25%
2014-12-31	Rp4.98 Trillion ≈ $291.74 Million	+54.29%
2013-12-31	Rp3.23 Trillion ≈ $189.09 Million	+14.67%
2012-12-31	Rp2.81 Trillion ≈ $164.89 Million	+26.79%
2011-12-31	Rp2.22 Trillion ≈ $130.05 Million	+15.79%
2010-12-31	Rp1.92 Trillion ≈ $112.31 Million	+17.18%
2009-12-31	Rp1.64 Trillion ≈ $95.85 Million	+11.47%
2008-12-31	Rp1.47 Trillion ≈ $85.98 Million	+8.20%
2007-12-31	Rp1.36 Trillion ≈ $79.47 Million	+196.58%
2006-12-31	Rp457.26 Billion ≈ $26.79 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Wijaya Karya Beton 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 decreased by 4323.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	Rp3.99 Trillion	44.96%
Other Comprehensive Income	Rp4.38 Trillion	49.36%
Other Components	Rp10.04 Trillion	113.24%
Total Equity	Rp8.87 Trillion	100.00%

Wijaya Karya Beton PT Competitors by Market Cap

The table below lists competitors of Wijaya Karya Beton PT ranked by their market capitalization.

Company	Market Cap
Westrock Coffee Company NASDAQ:WEST	$476.65 Million
Jw Pharmac KO:001060	$476.78 Million
Light S.A SA:LIGT3	$476.97 Million
Hangzhou Prevail Optoelectronic Equipment Co Ltd SHE:300710	$477.38 Million
Chengdu Tianjian Technology Co Ltd SHE:002977	$476.52 Million
Zhuhai Winbase International Chemical Tank Terminal Co Ltd SHE:002492	$476.48 Million
Winton Land Ltd AU:WTN	$476.41 Million
Meorient SHE:300795	$476.30 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wijaya Karya Beton PT's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 5,749,878,346,000 to 8,868,680,797,000, a change of 3,118,802,451,000 (54.2%).
Net loss of 2,266,814,142,000 reduced equity.
Dividend payments of 5,685,895,000 reduced retained earnings.
Share repurchases of 10,919,980,000 reduced equity.
New share issuances of 6,087,913,160,000 increased equity.
Other factors decreased equity by 685,690,692,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Rp-2.27 Trillion	-25.56%
Dividends Paid	Rp5.69 Billion	-0.06%
Share Repurchases	Rp10.92 Billion	-0.12%
Share Issuances	Rp6.09 Trillion	+68.65%
Other Changes	Rp-685.69 Billion	-7.73%
Total Change	Rp-	54.24%

Book Value vs Market Value Analysis

This analysis compares Wijaya Karya Beton 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: 0.92x
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 3.20x to 0.92x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	Rp63.72	Rp204.00	x
2007-12-31	Rp204.54	Rp204.00	x
2008-12-31	Rp219.85	Rp204.00	x
2009-12-31	Rp250.39	Rp204.00	x
2010-12-31	Rp293.67	Rp204.00	x
2011-12-31	Rp287.58	Rp204.00	x
2012-12-31	Rp421.59	Rp204.00	x
2013-12-31	Rp480.33	Rp204.00	x
2014-12-31	Rp649.83	Rp204.00	x
2015-12-31	Rp712.63	Rp204.00	x
2016-12-31	Rp1280.21	Rp204.00	x
2017-12-31	Rp1409.37	Rp204.00	x
2018-12-31	Rp1651.46	Rp204.00	x
2019-12-31	Rp1839.78	Rp204.00	x
2020-12-31	Rp1524.88	Rp204.00	x
2021-12-31	Rp1454.76	Rp204.00	x
2022-12-31	Rp1444.38	Rp204.00	x
2023-12-31	Rp641.09	Rp204.00	x
2024-12-31	Rp222.43	Rp204.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wijaya Karya Beton 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): -25.56%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -11.78%
• Asset Turnover: 0.30x
• Equity Multiplier: 7.17x
Recent ROE (-25.56%) is below the historical average (4.81%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	26.23%	3.46%	1.15x	6.60x	Rp65.27 Billion
2007	11.12%	3.35%	1.04x	3.20x	Rp14.50 Billion
2008	12.61%	2.66%	1.14x	4.17x	Rp36.19 Billion
2009	13.47%	3.12%	1.16x	3.72x	Rp53.23 Billion
2010	17.28%	5.13%	0.96x	3.49x	Rp131.08 Billion
2011	18.87%	5.05%	0.93x	4.02x	Rp183.79 Billion
2012	17.79%	4.66%	0.90x	4.25x	Rp200.45 Billion
2013	19.33%	4.80%	0.94x	4.27x	Rp275.04 Billion
2014	15.42%	4.94%	0.78x	3.99x	Rp216.22 Billion
2015	15.09%	20.20%	0.05x	15.30x	Rp1.90 Billion
2015	14.29%	4.59%	0.69x	4.48x	Rp187.53 Billion
2016	12.81%	19.77%	0.04x	14.44x	Rp1.25 Billion
2016	8.91%	6.46%	0.50x	2.74x	Rp-123.36 Billion
2017	13.04%	21.30%	0.04x	13.90x	Rp1.46 Billion
2017	9.51%	4.59%	0.57x	3.62x	Rp-61.28 Billion
2018	11.69%	5.55%	0.53x	4.00x	Rp249.89 Billion
2019	13.85%	8.40%	0.44x	3.76x	Rp634.75 Billion
2020	2.36%	1.95%	0.24x	4.98x	Rp-1.05 Trillion
2021	1.64%	1.20%	0.26x	5.32x	Rp-1.09 Trillion
2022	0.10%	0.06%	0.29x	5.79x	Rp-1.28 Trillion
2023	-123.97%	-31.64%	0.34x	11.48x	Rp-7.70 Trillion
2024	-25.56%	-11.78%	0.30x	7.17x	Rp-3.15 Trillion

Industry Comparison

This section compares Wijaya Karya Beton 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 Beton PT (WIKA)	Rp8.57 Trillion	26.23%	5.65x	$476.61 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 Beton PT

JK:WIKA Indonesia Engineering & Construction

Market Cap

$476.61 Million

Rp8.13 Trillion IDR

Market Cap Rank

#12766 Global

#153 in Indonesia

Share Price

Rp204.00

Change (1 day)

+0.00%

52-Week Range

Rp204.00 - Rp204.00

All Time High

Rp2799.10