Budi Starch & Sweetener Tbk
PT Budi Starch & Sweetener Tbk, together with its subsidiaries, engages in the manufacture and sale of tapioca and modified tapioca starch, sweeteners, plastic packaging, sulfuric acid, and other chemicals in Indonesia and internationally. It operates through the Tapioca Starch, Sweeteners, Sulfuric Acid and Other Chemical Products, and Plastic Packaging segments. The Tapioca Starch segment offer… Read more
Budi Starch & Sweetener Tbk (BUDI) - Net Assets
Latest net assets as of September 2025: Rp1.69 Trillion IDR
Based on the latest financial reports, Budi Starch & Sweetener Tbk (BUDI) has net assets worth Rp1.69 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 (Rp4.02 Trillion) and total liabilities (Rp2.33 Trillion). 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 | Rp1.69 Trillion |
| % of Total Assets | 42.09% |
| Annual Growth Rate | 9.5% |
| 5-Year Change | 22.47% |
| 10-Year Change | 46.5% |
| Growth Volatility | 29.94 |
Budi Starch & Sweetener Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk (2000–2024)
The table below shows the annual net assets of Budi Starch & Sweetener Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.62 Trillion | +1.75% |
| 2023-12-31 | Rp1.59 Trillion | +10.12% |
| 2022-12-31 | Rp1.45 Trillion | +4.13% |
| 2021-12-31 | Rp1.39 Trillion | +4.96% |
| 2020-12-31 | Rp1.32 Trillion | +2.87% |
| 2019-12-31 | Rp1.29 Trillion | +4.80% |
| 2018-12-31 | Rp1.23 Trillion | +2.66% |
| 2017-12-31 | Rp1.19 Trillion | +2.55% |
| 2016-12-31 | Rp1.16 Trillion | +5.40% |
| 2015-12-31 | Rp1.11 Trillion | +21.01% |
| 2014-12-31 | Rp913.35 Billion | +3.19% |
| 2013-12-31 | Rp885.12 Billion | +3.63% |
| 2012-12-31 | Rp854.13 Billion | +5.31% |
| 2011-12-31 | Rp811.03 Billion | +1.06% |
| 2010-12-31 | Rp802.55 Billion | +2.47% |
| 2009-12-31 | Rp783.19 Billion | +20.73% |
| 2008-12-31 | Rp648.69 Billion | -2.26% |
| 2007-12-31 | Rp663.66 Billion | +148.14% |
| 2006-12-31 | Rp267.46 Billion | +14.67% |
| 2005-12-31 | Rp233.24 Billion | +1.35% |
| 2004-12-31 | Rp230.14 Billion | +37.51% |
| 2003-12-31 | Rp167.37 Billion | +2.00% |
| 2002-12-31 | Rp164.09 Billion | +5.26% |
| 2001-12-31 | Rp155.90 Billion | -14.93% |
| 2000-12-31 | Rp183.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Budi Starch & Sweetener 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 57803200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp578.03 Billion | 38.85% |
| Common Stock | Rp562.38 Billion | 37.80% |
| Other Comprehensive Income | Rp243.35 Billion | 16.35% |
| Other Components | Rp104.15 Billion | 7.00% |
| Total Equity | Rp1.49 Trillion | 100.00% |
Budi Starch & Sweetener Tbk Competitors by Market Cap
The table below lists competitors of Budi Starch & Sweetener Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Botnia Gold AB (publ)
ST:BOTX
|
$23.28 Million |
|
Consultatio SA
BA:CTIO
|
$23.28 Million |
|
Moneyme Ltd
AU:MME
|
$23.29 Million |
|
KC Feed Co. Ltd
KQ:025880
|
$23.29 Million |
|
Actuate Therapeutics, Inc. Common stock
NASDAQ:ACTU
|
$23.26 Million |
|
Halla Eng&Cons
KO:014790
|
$23.26 Million |
|
Tons Lightology
TWO:4972
|
$23.26 Million |
|
Baran Group Ltd
OTCGREY:BRANF
|
$23.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Budi Starch & Sweetener Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,466,981,000,000 to 1,487,906,000,000, a change of 20,925,000,000 (1.4%).
- Net income of 61,624,000,000 contributed positively to equity growth.
- Dividend payments of 40,491,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 500,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp61.62 Billion | +4.14% |
| Dividends Paid | Rp40.49 Billion | -2.72% |
| Other Comprehensive Income | Rp500.00 Million | +0.03% |
| Other Changes | Rp-708.00 Million | -0.05% |
| Total Change | Rp- | 1.43% |
Book Value vs Market Value Analysis
This analysis compares Budi Starch & Sweetener 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: 0.63x
- 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 1.39x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp150.90 | Rp210.00 | x |
| 2009-12-31 | Rp181.39 | Rp210.00 | x |
| 2010-12-31 | Rp185.93 | Rp210.00 | x |
| 2011-12-31 | Rp187.06 | Rp210.00 | x |
| 2012-12-31 | Rp203.93 | Rp210.00 | x |
| 2013-12-31 | Rp197.57 | Rp210.00 | x |
| 2014-12-31 | Rp204.31 | Rp210.00 | x |
| 2015-12-31 | Rp238.63 | Rp210.00 | x |
| 2016-12-31 | Rp247.94 | Rp210.00 | x |
| 2017-12-31 | Rp246.32 | Rp210.00 | x |
| 2018-12-31 | Rp252.85 | Rp210.00 | x |
| 2019-12-31 | Rp264.35 | Rp210.00 | x |
| 2020-12-31 | Rp271.53 | Rp210.00 | x |
| 2021-12-31 | Rp284.23 | Rp210.00 | x |
| 2022-12-31 | Rp296.06 | Rp210.00 | x |
| 2023-12-31 | Rp326.07 | Rp210.00 | x |
| 2024-12-31 | Rp330.72 | Rp210.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Budi Starch & Sweetener 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): 4.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.54%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.57x
- Recent ROE (4.14%) is below the historical average (5.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 4.29% | 0.77% | 0.83x | 6.69x | Rp-7.94 Billion |
| 2003 | 2.84% | 0.64% | 0.68x | 6.47x | Rp-10.26 Billion |
| 2004 | 1.33% | 0.27% | 0.99x | 4.97x | Rp-16.42 Billion |
| 2005 | 1.15% | 0.22% | 1.05x | 4.94x | Rp-17.52 Billion |
| 2006 | 9.04% | 1.93% | 1.15x | 4.07x | Rp-2.20 Billion |
| 2007 | 7.38% | 3.42% | 0.91x | 2.37x | Rp-16.42 Billion |
| 2008 | 5.32% | 2.13% | 0.91x | 2.74x | Rp-28.96 Billion |
| 2009 | 19.66% | 8.22% | 1.11x | 2.15x | Rp71.95 Billion |
| 2010 | 6.04% | 2.17% | 1.08x | 2.58x | Rp-30.19 Billion |
| 2011 | 7.70% | 2.36% | 1.18x | 2.77x | Rp-17.66 Billion |
| 2012 | 0.62% | 0.22% | 1.00x | 2.84x | Rp-76.05 Billion |
| 2013 | 1.33% | 0.42% | 1.08x | 2.94x | Rp-70.19 Billion |
| 2014 | 3.33% | 1.22% | 0.92x | 2.96x | Rp-55.84 Billion |
| 2015 | 1.91% | 0.82% | 0.73x | 3.18x | Rp-83.21 Billion |
| 2016 | 3.11% | 1.36% | 0.84x | 2.71x | Rp-74.65 Billion |
| 2017 | 3.71% | 1.64% | 0.85x | 2.65x | Rp-69.74 Billion |
| 2018 | 4.23% | 1.82% | 0.78x | 2.98x | Rp-65.69 Billion |
| 2019 | 5.15% | 2.04% | 1.00x | 2.52x | Rp-57.70 Billion |
| 2020 | 5.12% | 2.29% | 0.92x | 2.43x | Rp-59.66 Billion |
| 2021 | 6.51% | 2.47% | 1.13x | 2.34x | Rp-44.59 Billion |
| 2022 | 6.68% | 2.63% | 1.07x | 2.38x | Rp-44.24 Billion |
| 2023 | 6.87% | 2.56% | 1.19x | 2.27x | Rp-45.90 Billion |
| 2024 | 4.14% | 1.54% | 1.05x | 2.57x | Rp-87.17 Billion |
Industry Comparison
This section compares Budi Starch & Sweetener Tbk's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $672,282,294,977
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Budi Starch & Sweetener Tbk (BUDI) | Rp1.69 Trillion | 4.29% | 1.38x | $23.27 Million |
| FKS Food Sejahtera Tbk PT (AISA) | $95.16 Billion | 0.04% | 2.76x | $17.28 Million |
| Estika Tata Tiara Tbk PT (BEEF) | $-266.29 Billion | 0.00% | 0.00x | $24.58 Million |
| Formosa Ingredient Factory PT Tbk (BOBA) | $151.05 Billion | 9.90% | 0.16x | $1.26 Million |
| PT Raja Roti Cemerlang Tbk (BRRC) | $20.11 Billion | 5.85% | 1.84x | $2.01 Million |
| Eagle High Plantations Tbk (BWPT) | $164.27 Billion | 0.56% | 1.05x | $52.97 Million |
| Campina Ice Cream Industry Tbk PT (CAMP) | $935.39 Billion | 8.21% | 0.13x | $5.76 Million |
| Citra Borneo Utama (CBUT) | $-209.50 Billion | 0.00% | 0.00x | $47.87 Million |
| Wilmar Cahaya Indonesia Tbk (CEKA) | $463.40 Billion | 12.59% | 1.22x | $10.68 Million |
| Cisarua Mountain Dairy Tbk PT (CMRY) | $4.70 Trillion | 16.82% | 0.19x | $428.70 Million |