Saranacentral Bajatama Tbk
PT Saranacentral Bajatama Tbk engages in manufacturing and trading of steel products in Indonesia. It operates through four segments: Galvanized, Saranalume, Colouring, and Non Production. The company markets its products under the SARANA brand. PT Saranacentral Bajatama Tbk was founded in 1993 and is headquartered in Jakarta Pusat, Indonesia.
Saranacentral Bajatama Tbk (BAJA) - Net Assets
Latest net assets as of September 2025: Rp31.93 Billion IDR
Based on the latest financial reports, Saranacentral Bajatama Tbk (BAJA) has net assets worth Rp31.93 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp670.78 Billion) and total liabilities (Rp638.85 Billion). 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 | Rp31.93 Billion |
| % of Total Assets | 4.76% |
| Annual Growth Rate | -2.78% |
| 5-Year Change | -55.28% |
| 10-Year Change | -64.63% |
| Growth Volatility | 41.75 |
Saranacentral Bajatama Tbk - Net Assets Trend (2008–2024)
This chart illustrates how Saranacentral Bajatama Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Saranacentral Bajatama Tbk (2008–2024)
The table below shows the annual net assets of Saranacentral Bajatama Tbk from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp57.16 Billion | -48.51% |
| 2023-12-31 | Rp111.01 Billion | +0.75% |
| 2022-12-31 | Rp110.19 Billion | -48.53% |
| 2021-12-31 | Rp214.08 Billion | +67.46% |
| 2020-12-31 | Rp127.84 Billion | +72.32% |
| 2019-12-31 | Rp74.19 Billion | -3.05% |
| 2018-12-31 | Rp76.52 Billion | -55.52% |
| 2017-12-31 | Rp172.02 Billion | -12.46% |
| 2016-12-31 | Rp196.50 Billion | +21.58% |
| 2015-12-31 | Rp161.63 Billion | -14.18% |
| 2014-12-31 | Rp188.32 Billion | +8.08% |
| 2013-12-31 | Rp174.25 Billion | -32.21% |
| 2012-12-31 | Rp257.04 Billion | +9.36% |
| 2011-12-31 | Rp235.03 Billion | +87.35% |
| 2010-12-31 | Rp125.45 Billion | +4.28% |
| 2009-12-31 | Rp120.31 Billion | +34.07% |
| 2008-12-31 | Rp89.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Saranacentral Bajatama Tbk'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 1600.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp180.00 Billion | 314.88% |
| Other Comprehensive Income | Rp500.00 Million | 0.87% |
| Other Components | Rp57.66 Billion | 100.87% |
| Total Equity | Rp57.16 Billion | 100.00% |
Saranacentral Bajatama Tbk Competitors by Market Cap
The table below lists competitors of Saranacentral Bajatama Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AuQ Gold Mining Inc
PINK:NSVLF
|
$3.59 Million |
|
Perrot Duval Holding SA
SW:PEDU
|
$3.59 Million |
|
Solaer Israel Ltd
TA:SOLR
|
$3.59 Million |
|
Direct Communication Solutions Inc
PINK:DCSX
|
$3.59 Million |
|
Xenous Holdings Inc
PINK:XITO
|
$3.59 Million |
|
Damai Sejahtera Abadi Tbk PT
JK:UFOE
|
$3.59 Million |
|
Terragen Holdings Ltd
AU:TGH
|
$3.59 Million |
|
POLLUX PROPERT.LTD.SD-15
F:7GP
|
$3.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saranacentral Bajatama Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 111,011,126,244 to 57,163,747,000, a change of -53,847,379,244 (-48.5%).
- Net loss of 56,678,119,000 reduced equity.
- Other factors increased equity by 2,830,739,756.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-56.68 Billion | -99.15% |
| Other Changes | Rp2.83 Billion | +4.95% |
| Total Change | Rp- | -48.51% |
Book Value vs Market Value Analysis
This analysis compares Saranacentral Bajatama Tbk'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: 4.60x
- 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 increased from 0.45x to 4.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | Rp323.02 | Rp146.00 | x |
| 2011-12-31 | Rp303.00 | Rp146.00 | x |
| 2012-12-31 | Rp331.37 | Rp146.00 | x |
| 2013-12-31 | Rp96.80 | Rp146.00 | x |
| 2014-12-31 | Rp104.62 | Rp146.00 | x |
| 2015-12-31 | Rp89.79 | Rp146.00 | x |
| 2016-12-31 | Rp109.17 | Rp146.00 | x |
| 2017-12-31 | Rp95.56 | Rp146.00 | x |
| 2018-12-31 | Rp42.51 | Rp146.00 | x |
| 2019-12-31 | Rp41.22 | Rp146.00 | x |
| 2020-12-31 | Rp71.02 | Rp146.00 | x |
| 2021-12-31 | Rp118.94 | Rp146.00 | x |
| 2022-12-31 | Rp61.22 | Rp146.00 | x |
| 2023-12-31 | Rp61.67 | Rp146.00 | x |
| 2024-12-31 | Rp31.76 | Rp146.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saranacentral Bajatama Tbk 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): -99.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.19%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 12.33x
- Recent ROE (-99.15%) is below the historical average (-16.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 4.10% | 0.73% | 1.35x | 4.18x | Rp-7.40 Billion |
| 2011 | 7.07% | 1.85% | 1.34x | 2.87x | Rp-6.88 Billion |
| 2012 | 7.35% | 1.76% | 1.31x | 3.19x | Rp-6.82 Billion |
| 2013 | -44.26% | -7.33% | 1.25x | 4.84x | Rp-94.55 Billion |
| 2014 | 7.48% | 1.14% | 1.26x | 5.18x | Rp-4.75 Billion |
| 2015 | -5.78% | -0.75% | 1.32x | 5.87x | Rp-25.51 Billion |
| 2016 | 17.50% | 3.51% | 1.00x | 5.00x | Rp14.74 Billion |
| 2017 | -13.36% | -1.89% | 1.29x | 5.50x | Rp-40.19 Billion |
| 2018 | -126.36% | -7.56% | 1.42x | 11.78x | Rp-104.35 Billion |
| 2019 | 1.50% | 0.10% | 1.28x | 11.28x | Rp-6.31 Billion |
| 2020 | 43.12% | 4.57% | 1.58x | 5.95x | Rp42.33 Billion |
| 2021 | 41.35% | 6.44% | 1.89x | 3.39x | Rp67.12 Billion |
| 2022 | -93.78% | -9.73% | 1.45x | 6.64x | Rp-114.36 Billion |
| 2023 | -1.17% | -0.14% | 1.31x | 6.54x | Rp-12.40 Billion |
| 2024 | -99.15% | -7.19% | 1.12x | 12.33x | Rp-62.39 Billion |
Industry Comparison
This section compares Saranacentral Bajatama Tbk's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $499,667,839,544
- Average return on equity (ROE) among peers: 4.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saranacentral Bajatama Tbk (BAJA) | Rp31.93 Billion | 4.10% | 20.00x | $3.59 Million |
| Betonjaya Manunggal Tbk (BTON) | $158.27 Billion | 7.18% | 0.16x | $1.70 Million |
| Gunawan Dianjaya Steel Tbk (GDST) | $173.21 Billion | 47.96% | 11.08x | $6.35 Million |
| Gunung Raja Paksi (GGRP) | $924.45 Million | 4.03% | 0.33x | $21.65 Million |
| Steel Pipe Industry Of Indonesia (ISSP) | $2.65 Trillion | 3.89% | 1.28x | $68.80 Million |
| Krakatau Steel Persero Tbk (KRAS) | $891.87 Million | -16.80% | 1.91x | $72.78 Million |
| Ladangbaja Murni PT Tbk (LABA) | $19.65 Billion | -17.07% | 1.17x | $3.71 Million |