PT Superior Prima Sukses Tbk

JK:BLES Indonesia Building Materials
Market Cap
$70.49 Million
Rp1.15 Trillion IDR
Market Cap Rank
#30968 Global
#578 in Indonesia
Share Price
Rp129.00
Change (1 day)
+0.00%
52-Week Range
Rp129.00 - Rp204.00
All Time High
Rp306.00
About

PT Superior Prima Sukses Tbk manufactures and sells autoclave aerated concrete products in Indonesia. It offers lightweight bricks under the BLESSCON and SUPERIORE BLOCK brands, and instant cement products under the BLESSBOND brand. The company was founded in 2011 and is headquartered in Surabaya, Indonesia.

PT Superior Prima Sukses Tbk (BLES) - Net Assets

Latest net assets as of September 2025: Rp1.09 Trillion IDR

Based on the latest financial reports, PT Superior Prima Sukses Tbk (BLES) has net assets worth Rp1.09 Trillion IDR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.06 Trillion) and total liabilities (Rp969.97 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 Rp1.09 Trillion
% of Total Assets 52.82%
Annual Growth Rate 43.64%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 40.12

PT Superior Prima Sukses Tbk - Net Assets Trend (2021–2024)

This chart illustrates how PT Superior Prima Sukses 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 PT Superior Prima Sukses Tbk (2021–2024)

The table below shows the annual net assets of PT Superior Prima Sukses Tbk from 2021 to 2024.

Year Net Assets Change
2024-12-31 Rp1.07 Trillion +42.11%
2023-12-31 Rp752.36 Billion +101.22%
2022-12-31 Rp373.91 Billion +3.67%
2021-12-31 Rp360.68 Billion --

Equity Component Analysis

This analysis shows how different components contribute to PT Superior Prima Sukses 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 grown by 6.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp253.27 Billion 23.69%
Common Stock Rp444.51 Billion 41.59%
Other Components Rp371.10 Billion 34.72%
Total Equity Rp1.07 Trillion 100.00%

PT Superior Prima Sukses Tbk Competitors by Market Cap

The table below lists competitors of PT Superior Prima Sukses Tbk ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in PT Superior Prima Sukses Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 745,384,048,544 to 1,068,872,126,000, a change of 323,488,077,456 (43.4%).
  • Net income of 160,301,504,000 contributed positively to equity growth.
  • Dividend payments of 29,780,000,000 reduced retained earnings.
  • Share repurchases of 261,751,793,120 reduced equity.
  • New share issuances of 261,751,793,115 increased equity.
  • Other factors increased equity by 192,966,573,461.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp160.30 Billion +15.0%
Dividends Paid Rp29.78 Billion -2.79%
Share Repurchases Rp261.75 Billion -24.49%
Share Issuances Rp261.75 Billion +24.49%
Other Changes Rp192.97 Billion +18.05%
Total Change Rp- 43.40%

Book Value vs Market Value Analysis

This analysis compares PT Superior Prima Sukses 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: 1.06x
  • 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 3.19x to 1.06x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 Rp40.50 Rp129.00 x
2022-12-31 Rp42.28 Rp129.00 x
2023-12-31 Rp85.10 Rp129.00 x
2024-12-31 Rp122.03 Rp129.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently PT Superior Prima Sukses 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): 15.00%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.96%
  • • Asset Turnover: 0.80x
  • • Equity Multiplier: 1.72x
  • Recent ROE (15.00%) is below the historical average (18.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 22.02% 10.85% 0.77x 2.65x Rp42.63 Billion
2022 17.70% 5.88% 1.09x 2.77x Rp28.53 Billion
2023 19.77% 10.81% 0.89x 2.05x Rp72.82 Billion
2024 15.00% 10.96% 0.80x 1.72x Rp53.41 Billion

Industry Comparison

This section compares PT Superior Prima Sukses Tbk's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $3,873,047,003,917
  • Average return on equity (ROE) among peers: 4.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
PT Superior Prima Sukses Tbk (BLES) Rp1.09 Trillion 22.02% 0.89x $5.43 Million
Asahimas Flat Glass Tbk (AMFG) $859.82 Billion 18.99% 0.73x $12.78 Million
Berkah Beton Sadaya Tbk PT (BEBS) $681.85 Billion 16.14% 0.07x $8.87 Million
Cemindo Gemilang Tbk PT (CMNT) $3.84 Trillion -2.30% 3.72x $81.15 Million
Citatah Tbk (CTTH) $75.99 Billion 1.21% 1.87x $2.34 Million
HK Metals Utama Tbk PT (HKMU) $464.43 Billion -50.59% 1.00x $9.46 Million
Indocement Tunggal Prakarsa (INTP) $22.98 Trillion 21.80% 0.16x $316.72 Million
NAIK (NAIK) $179.52 Billion 17.21% 0.34x $52.38
Semen Baturaja Persero Tbk (SMBR) $3.12 Trillion 8.30% 0.40x $33.55 Million
Solusi Bangun Indonesia Tbk PT (SMCB) $2.66 Trillion 6.55% 1.88x $5.66 Million