PT Sumber Sinergi Makmur Tbk
PT Sumber Sinergi Makmur Tbk provides tracking system and platform for logistics and transportation management systems and monitoring drivers' habit. It offers GPS tracker for large and private vehicles, motorcycles, refrigerated trucks, and heavy equipment. The company was founded in 2015 and is headquartered in Jakarta Pusat, Indonesia.
PT Sumber Sinergi Makmur Tbk (IOTF) - Net Assets
Latest net assets as of September 2025: Rp156.52 Billion IDR
Based on the latest financial reports, PT Sumber Sinergi Makmur Tbk (IOTF) has net assets worth Rp156.52 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 (Rp180.87 Billion) and total liabilities (Rp24.35 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 | Rp156.52 Billion |
| % of Total Assets | 86.54% |
| Annual Growth Rate | 751.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3545.16 |
PT Sumber Sinergi Makmur Tbk - Net Assets Trend (2022–2024)
This chart illustrates how PT Sumber Sinergi Makmur 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 Sumber Sinergi Makmur Tbk (2022–2024)
The table below shows the annual net assets of PT Sumber Sinergi Makmur Tbk from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp155.90 Billion | +1.06% |
| 2023-12-31 | Rp154.26 Billion | +7091.39% |
| 2022-12-31 | Rp2.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Sumber Sinergi Makmur 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 230.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp6.40 Billion | 4.11% |
| Common Stock | Rp52.90 Billion | 33.93% |
| Other Components | Rp96.59 Billion | 61.96% |
| Total Equity | Rp155.90 Billion | 100.00% |
PT Sumber Sinergi Makmur Tbk Competitors by Market Cap
The table below lists competitors of PT Sumber Sinergi Makmur Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Millbank Mining Corp.
V:MILL
|
$6.44 Million |
|
GR.SOU.COP. LS-01
F:E9E
|
$6.45 Million |
|
JKN Global Media Public Company Limited
BK:JKN
|
$6.45 Million |
|
Processa Pharmaceuticals Inc
NASDAQ:PCSA
|
$6.45 Million |
|
PAVmed Inc
NASDAQ:PAVM
|
$6.44 Million |
|
Enjoy S.A
SN:ENJOY
|
$6.44 Million |
|
FlexQube AB
ST:FLEXQ
|
$6.43 Million |
|
HF Company SA
PA:ALHF
|
$6.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Sumber Sinergi Makmur Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 154,256,689,130 to 155,895,043,140, a change of 1,638,354,010 (1.1%).
- Net income of 325,652,100 contributed positively to equity growth.
- Share repurchases of 1,338,748,710 reduced equity.
- Other factors increased equity by 2,651,450,620.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp325.65 Million | +0.21% |
| Share Repurchases | Rp1.34 Billion | -0.86% |
| Other Changes | Rp2.65 Billion | +1.7% |
| Total Change | Rp- | 1.06% |
Book Value vs Market Value Analysis
This analysis compares PT Sumber Sinergi Makmur 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: 2.10x
- 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 152.61x to 2.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Rp0.41 | Rp62.00 | x |
| 2023-12-31 | Rp29.22 | Rp62.00 | x |
| 2024-12-31 | Rp29.47 | Rp62.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Sumber Sinergi Makmur 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): 0.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.52%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.15x
- Recent ROE (0.21%) is below the historical average (23.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 68.51% | 2.88% | 0.98x | 24.32x | Rp1.26 Billion |
| 2023 | 2.68% | 5.87% | 0.41x | 1.12x | Rp-11.29 Billion |
| 2024 | 0.21% | 0.52% | 0.35x | 1.15x | Rp-15.26 Billion |
Industry Comparison
This section compares PT Sumber Sinergi Makmur Tbk's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $491,338,186,813
- Average return on equity (ROE) among peers: 8.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Sumber Sinergi Makmur Tbk (IOTF) | Rp156.52 Billion | 68.51% | 0.16x | $6.44 Million |
| Communication Cable Systems Indonesia Tbk PT (CCSI) | $409.23 Billion | -5.47% | 0.84x | $1.85 Million |
| PT Ketrosden Triasmitra Tbk (KETR) | $1.03 Trillion | 8.25% | 1.01x | $7.72 Million |
| Mitra Komunikasi Nusantara Tbk PT (MKNT) | $35.68 Billion | 24.16% | 4.90x | $240.42K |