Sepeda Bersama Indonesia Tbk PT
PT Sepeda Bersama Indonesia Tbk engages in the trading of bicycles in Indonesia. The company is involved in wholesale of sports equipment, land transportation equipment, spare parts and equipment, new motorcycles, motorcycle spare parts and accessories, game equipment, and children's toys. It holds Genio Bike brand; and distributes United Bike and Avand brand bicycles. The company was founded in … Read more
Sepeda Bersama Indonesia Tbk PT (BIKE) - Net Assets
Latest net assets as of September 2025: Rp116.54 Billion IDR
Based on the latest financial reports, Sepeda Bersama Indonesia Tbk PT (BIKE) has net assets worth Rp116.54 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 (Rp365.39 Billion) and total liabilities (Rp248.85 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 | Rp116.54 Billion |
| % of Total Assets | 31.89% |
| Annual Growth Rate | 237.35% |
| 5-Year Change | 335.97% |
| 10-Year Change | N/A |
| Growth Volatility | 923.33 |
Sepeda Bersama Indonesia Tbk PT - Net Assets Trend (2018–2024)
This chart illustrates how Sepeda Bersama Indonesia 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 Sepeda Bersama Indonesia Tbk PT (2018–2024)
The table below shows the annual net assets of Sepeda Bersama Indonesia Tbk PT from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp128.60 Billion | -0.09% |
| 2023-12-31 | Rp128.72 Billion | +7.17% |
| 2022-12-31 | Rp120.10 Billion | +121.69% |
| 2021-12-31 | Rp54.18 Billion | +83.66% |
| 2020-12-31 | Rp29.50 Billion | +1210.19% |
| 2019-12-31 | Rp2.25 Billion | +2484.58% |
| 2018-12-31 | Rp87.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sepeda Bersama Indonesia 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 4437641514800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp44.21 Billion | 34.38% |
| Common Stock | Rp32.35 Billion | 25.15% |
| Other Comprehensive Income | Rp10.18 Billion | 7.92% |
| Other Components | Rp41.86 Billion | 32.55% |
| Total Equity | Rp128.60 Billion | 100.00% |
Sepeda Bersama Indonesia Tbk PT Competitors by Market Cap
The table below lists competitors of Sepeda Bersama Indonesia Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Koge Micro Tech Co Ltd
TWO:4568
|
$7.57 Million |
|
Basanite Inc
OTCQB:BASA
|
$7.57 Million |
|
KRONA PUBLIC REAL ESTATE
F:927
|
$7.57 Million |
|
Nam Sung
KO:004270
|
$7.57 Million |
|
Euroholdings Ltd.
NASDAQ:EHLD
|
$7.56 Million |
|
Relpol SA
WAR:RLP
|
$7.56 Million |
|
CRH PLC
LSE:CRH
|
$7.56 Million |
|
PT Era Digital Media Tbk
JK:AWAN
|
$7.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sepeda Bersama Indonesia Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 128,721,091,399 to 128,601,451,000, a change of -119,640,399 (-0.1%).
- Net income of 12,616,339,000 contributed positively to equity growth.
- Dividend payments of 12,939,164,040 reduced retained earnings.
- Share repurchases of 261,293,820 reduced equity.
- Other comprehensive income increased equity by 1,941,890,454.
- Other factors decreased equity by 1,477,411,993.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp12.62 Billion | +9.81% |
| Dividends Paid | Rp12.94 Billion | -10.06% |
| Share Repurchases | Rp261.29 Million | -0.2% |
| Other Comprehensive Income | Rp1.94 Billion | +1.51% |
| Other Changes | Rp-1.48 Billion | -1.15% |
| Total Change | Rp- | -0.09% |
Book Value vs Market Value Analysis
This analysis compares Sepeda Bersama Indonesia 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: 3.82x
- 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 decreased from 4231.44x to 3.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Rp0.09 | Rp380.00 | x |
| 2019-12-31 | Rp2.32 | Rp380.00 | x |
| 2020-12-31 | Rp30.41 | Rp380.00 | x |
| 2021-12-31 | Rp55.85 | Rp380.00 | x |
| 2022-12-31 | Rp97.36 | Rp380.00 | x |
| 2023-12-31 | Rp99.52 | Rp380.00 | x |
| 2024-12-31 | Rp99.41 | Rp380.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sepeda Bersama Indonesia 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): 9.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.27%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 2.60x
- Recent ROE (9.81%) is below the historical average (12.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -186.99% | -3.55% | 0.20x | 261.45x | Rp-171.60 Million |
| 2019 | 96.39% | 11.24% | 0.76x | 11.29x | Rp1.95 Billion |
| 2020 | 92.38% | 29.12% | 1.65x | 1.93x | Rp24.30 Billion |
| 2021 | 45.55% | 13.82% | 1.31x | 2.51x | Rp19.26 Billion |
| 2022 | 17.67% | 9.40% | 1.52x | 1.24x | Rp9.21 Billion |
| 2023 | 14.96% | 4.48% | 1.67x | 2.00x | Rp6.39 Billion |
| 2024 | 9.81% | 3.27% | 1.16x | 2.60x | Rp-243.81 Million |
Industry Comparison
This section compares Sepeda Bersama Indonesia Tbk PT's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $449,069,270,798
- Average return on equity (ROE) among peers: -30.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sepeda Bersama Indonesia Tbk PT (BIKE) | Rp116.54 Billion | -186.99% | 2.14x | $7.56 Million |
| PT Intra GolfLink Resorts Tbk (GOLF) | $360.86 Billion | 7.08% | 0.73x | $21.69 Million |
| Graha Andrasentra Propertindo Tbk PT (JGLE) | $1.11 Trillion | -2.40% | 0.38x | $44.90 Million |
| Pembangunan Jaya Ancol Tbk (PJAA) | $646.33 Billion | 19.26% | 0.40x | $5.21 Million |
| Sunindo Adipersada Tbk Pt (TOYS) | $86.16 Billion | 13.05% | 1.10x | $278.27K |
| Pt Pakuan Tbk (UANG) | $39.74 Billion | -191.59% | 24.36x | $39.27 Million |