PT Bank SMBC Indonesia Tbk (BTPN) - Net Assets
Based on the latest financial reports, PT Bank SMBC Indonesia Tbk (BTPN) has net assets worth Rp55.53 Trillion IDR (≈ $3.25 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp234.50 Trillion ≈ $13.74 Billion USD) and total liabilities (Rp178.97 Trillion ≈ $10.49 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 how resilient are PT Bank SMBC Indonesia Tbk's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp55.53 Trillion |
| % of Total Assets | 23.68% |
| Annual Growth Rate | 25.71% |
| 5-Year Change | 66.07% |
| 10-Year Change | 293.18% |
| Growth Volatility | 24.17 |
PT Bank SMBC Indonesia Tbk - Net Assets Trend (2006–2024)
This chart illustrates how PT Bank SMBC Indonesia Tbk's net assets have evolved over time, based on quarterly financial data. Also explore PT Bank SMBC Indonesia Tbk balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for PT Bank SMBC Indonesia Tbk (2006–2024)
The table below shows the annual net assets of PT Bank SMBC Indonesia Tbk from 2006 to 2024. For live valuation and market cap data, see PT Bank SMBC Indonesia Tbk market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp54.75 Trillion ≈ $3.21 Billion |
+32.61% |
| 2023-12-31 | Rp41.28 Trillion ≈ $2.42 Billion |
+4.74% |
| 2022-12-31 | Rp39.41 Trillion ≈ $2.31 Billion |
+9.24% |
| 2021-12-31 | Rp36.08 Trillion ≈ $2.11 Billion |
+9.45% |
| 2020-12-31 | Rp32.96 Trillion ≈ $1.93 Billion |
+4.74% |
| 2019-12-31 | Rp31.47 Trillion ≈ $1.84 Billion |
+62.52% |
| 2018-12-31 | Rp19.36 Trillion ≈ $1.13 Billion |
+12.58% |
| 2017-12-31 | Rp17.20 Trillion ≈ $1.01 Billion |
+5.45% |
| 2016-12-31 | Rp16.31 Trillion ≈ $955.84 Million |
+17.15% |
| 2015-12-31 | Rp13.92 Trillion ≈ $815.88 Million |
+15.45% |
| 2014-12-31 | Rp12.06 Trillion ≈ $706.70 Million |
+21.73% |
| 2013-12-31 | Rp9.91 Trillion ≈ $580.56 Million |
+28.11% |
| 2012-12-31 | Rp7.73 Trillion ≈ $453.18 Million |
+37.68% |
| 2011-12-31 | Rp5.62 Trillion ≈ $329.15 Million |
+33.19% |
| 2010-12-31 | Rp4.22 Trillion ≈ $247.12 Million |
+106.90% |
| 2009-12-31 | Rp2.04 Trillion ≈ $119.44 Million |
+26.04% |
| 2008-12-31 | Rp1.62 Trillion ≈ $94.76 Million |
+31.56% |
| 2007-12-31 | Rp1.23 Trillion ≈ $72.03 Million |
+37.98% |
| 2006-12-31 | Rp890.94 Billion ≈ $52.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to PT Bank SMBC Indonesia 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 3506.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp28.73 Trillion | 60.11% |
| Common Stock | Rp212.92 Billion | 0.45% |
| Other Comprehensive Income | Rp1.27 Trillion | 2.65% |
| Other Components | Rp17.59 Trillion | 36.80% |
| Total Equity | Rp47.79 Trillion | 100.00% |
PT Bank SMBC Indonesia Tbk Competitors by Market Cap
The table below lists competitors of PT Bank SMBC Indonesia Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jubilant Ingrevia Limited
NSE:JUBLINGREA
|
$1.22 Billion |
|
Cimsa Cimento Sanayi ve Ticaret AS
IS:CIMSA
|
$1.22 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
$1.22 Billion |
|
Gemadept Corp
VN:GMD
|
$1.22 Billion |
|
Jiangsu Hengshun Vinegar-Industry Co Ltd
SHG:600305
|
$1.22 Billion |
|
Progress Software Corporation
NASDAQ:PRGS
|
$1.22 Billion |
|
Asia Optical Co Inc
TW:3019
|
$1.22 Billion |
|
Wonders Information
SHE:300168
|
$1.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Bank SMBC Indonesia Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,666,426,000,000 to 47,791,641,000,000, a change of 9,125,215,000,000 (23.6%).
- Net income of 2,812,986,000,000 contributed positively to equity growth.
- Dividend payments of 683,958,000,000 reduced retained earnings.
- Share repurchases of 6,732,960,000,000 reduced equity.
- New share issuances of 6,732,960,000,000 increased equity.
- Other comprehensive income increased equity by 72,517,000,000.
- Other factors increased equity by 6,923,670,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp2.81 Trillion | +5.89% |
| Dividends Paid | Rp683.96 Billion | -1.43% |
| Share Repurchases | Rp6.73 Trillion | -14.09% |
| Share Issuances | Rp6.73 Trillion | +14.09% |
| Other Comprehensive Income | Rp72.52 Billion | +0.15% |
| Other Changes | Rp6.92 Trillion | +14.49% |
| Total Change | Rp- | 23.60% |
Book Value vs Market Value Analysis
This analysis compares PT Bank SMBC Indonesia 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: 0.41x
- 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 11.43x to 0.41x 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 | Rp171.07 | Rp1955.00 | x |
| 2007-12-31 | Rp236.04 | Rp1955.00 | x |
| 2008-12-31 | Rp310.53 | Rp1955.00 | x |
| 2009-12-31 | Rp391.39 | Rp1955.00 | x |
| 2010-12-31 | Rp744.63 | Rp1955.00 | x |
| 2011-12-31 | Rp991.80 | Rp1955.00 | x |
| 2012-12-31 | Rp1334.33 | Rp1955.00 | x |
| 2013-12-31 | Rp1667.01 | Rp1955.00 | x |
| 2014-12-31 | Rp1990.52 | Rp1955.00 | x |
| 2015-12-31 | Rp2241.61 | Rp1955.00 | x |
| 2016-12-31 | Rp2657.58 | Rp1955.00 | x |
| 2017-12-31 | Rp2792.58 | Rp1955.00 | x |
| 2018-12-31 | Rp3087.64 | Rp1955.00 | x |
| 2019-12-31 | Rp3749.83 | Rp1955.00 | x |
| 2020-12-31 | Rp3868.18 | Rp1955.00 | x |
| 2021-12-31 | Rp4207.96 | Rp1955.00 | x |
| 2022-12-31 | Rp4571.19 | Rp1955.00 | x |
| 2023-12-31 | Rp4757.52 | Rp1955.00 | x |
| 2024-12-31 | Rp4737.90 | Rp1955.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Bank SMBC Indonesia 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): 5.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.22%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 5.04x
- Recent ROE (5.89%) is below the historical average (14.76%), 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 | 16.86% | 11.73% | 0.20x | 7.15x | Rp61.09 Billion |
| 2007 | 28.26% | 16.85% | 0.19x | 8.61x | Rp224.47 Billion |
| 2008 | 23.43% | 14.37% | 0.19x | 8.47x | Rp217.16 Billion |
| 2009 | 20.63% | 10.55% | 0.18x | 10.93x | Rp216.59 Billion |
| 2010 | 19.84% | 14.58% | 0.17x | 8.19x | Rp415.09 Billion |
| 2011 | 24.92% | 18.29% | 0.16x | 8.31x | Rp838.34 Billion |
| 2012 | 25.59% | 20.69% | 0.16x | 7.64x | Rp1.21 Trillion |
| 2013 | 21.60% | 19.01% | 0.16x | 7.03x | Rp1.15 Trillion |
| 2014 | 15.83% | 14.56% | 0.17x | 6.35x | Rp688.00 Billion |
| 2015 | 12.54% | 12.81% | 0.16x | 5.97x | Rp344.24 Billion |
| 2016 | 11.06% | 12.68% | 0.15x | 5.77x | Rp168.31 Billion |
| 2017 | 7.39% | 8.77% | 0.15x | 5.78x | Rp-432.06 Billion |
| 2018 | 10.10% | 13.09% | 0.14x | 5.60x | Rp17.77 Billion |
| 2019 | 8.61% | 13.40% | 0.11x | 6.08x | Rp-416.70 Billion |
| 2020 | 5.60% | 10.29% | 0.09x | 5.86x | Rp-1.37 Trillion |
| 2021 | 7.84% | 16.91% | 0.08x | 5.65x | Rp-734.24 Billion |
| 2022 | 8.38% | 18.20% | 0.08x | 5.66x | Rp-597.39 Billion |
| 2023 | 6.10% | 11.98% | 0.10x | 5.21x | Rp-1.51 Trillion |
| 2024 | 5.89% | 11.22% | 0.10x | 5.04x | Rp-1.97 Trillion |
Industry Comparison
This section compares PT Bank SMBC Indonesia Tbk's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $21,598,958,698,457
- Average return on equity (ROE) among peers: -1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Bank SMBC Indonesia Tbk (BTPN) | Rp55.53 Trillion | 16.86% | 3.22x | $1.22 Billion |
| Bank Rakyat Indonesia Agroniaga (AGRO) | $3.45 Trillion | 1.47% | 2.80x | $262.39 Million |
| Bank Agris Tbk (AGRS) | $1.90 Trillion | -9.31% | 4.19x | $196.33 Million |
| Bank Amar Indonesia (AMAR) | $472.48 Billion | -5.85% | 0.16x | $208.99 Million |
| Bank Artos Indonesia Tbk PT (ARTO) | $8.25 Trillion | 1.04% | 0.49x | $1.06 Billion |
| Bank Mnc Internasional Tbk (BABP) | $2.37 Trillion | 0.54% | 4.93x | $132.86 Million |
| Bank Capital Indonesia Tbk (BACA) | $657.79 Billion | 7.25% | 7.61x | $160.18 Million |
| Bank Net Indonesia Syariah Tbk PT (BANK) | $530.26 Billion | -12.21% | 0.25x | $502.76 Million |
| Bank Central Asia Tbk (BBCA) | $184.71 Trillion | 14.70% | 4.82x | $42.25 Billion |
| Bk Harda Internasional Tbk Pt (BBHI) | $440.33 Billion | 2.35% | 4.58x | $1.62 Billion |
| Bank Bukopin Tbk (BBKP) | $13.21 Trillion | -17.28% | 5.76x | $671.50 Million |
About PT Bank SMBC Indonesia Tbk
PT Bank SMBC Indonesia Tbk provides various banking products and services primarily in Indonesia. It operates through six segments: Retail; Micro, Small & Medium Enterprises; Funding and Treasury; Corporate; Sharia; and Financing. The company offers savings, time deposits and demand deposit accounts. Its loan products include business, term installment, term, pension, pre-retirement, active emplo… Read more