Asuransi Jiwa Sinarmas Msig PT (LIFE) - Net Assets

Latest as of June 2025: Rp8.32 Trillion IDR ≈ $487.59 Million USD

Based on the latest financial reports, Asuransi Jiwa Sinarmas Msig PT (LIFE) has net assets worth Rp8.32 Trillion IDR (≈ $487.59 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp15.03 Trillion ≈ $880.62 Million USD) and total liabilities (Rp6.71 Trillion ≈ $393.03 Million 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 LIFE strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp8.32 Trillion
% of Total Assets	55.37%
Annual Growth Rate	0.42%
5-Year Change	-4.87%
10-Year Change	N/A
Growth Volatility	7.87

Asuransi Jiwa Sinarmas Msig PT - Net Assets Trend (2015–2024)

This chart illustrates how Asuransi Jiwa Sinarmas Msig PT's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see LIFE market cap overview.

Annual Net Assets for Asuransi Jiwa Sinarmas Msig PT (2015–2024)

The table below shows the annual net assets of Asuransi Jiwa Sinarmas Msig PT from 2015 to 2024. Also explore how fast is Asuransi Jiwa Sinarmas Msig PT growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	Rp7.66 Trillion ≈ $448.56 Million	+2.18%
2023-12-31	Rp7.49 Trillion ≈ $438.97 Million	-2.51%
2022-12-31	Rp7.68 Trillion ≈ $450.29 Million	+1.55%
2021-12-31	Rp7.57 Trillion ≈ $443.43 Million	-5.96%
2020-12-31	Rp8.05 Trillion ≈ $471.54 Million	+3.63%
2019-12-31	Rp7.77 Trillion ≈ $455.04 Million	+7.76%
2018-12-31	Rp7.21 Trillion ≈ $422.27 Million	-17.10%
2017-12-31	Rp8.69 Trillion ≈ $509.37 Million	+9.16%
2016-12-31	Rp7.96 Trillion ≈ $466.61 Million	+8.00%
2015-12-31	Rp7.37 Trillion ≈ $432.05 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Asuransi Jiwa Sinarmas Msig 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 9.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Rp419.16 Billion	5.48%
Common Stock	Rp210.00 Billion	2.74%
Other Comprehensive Income	Rp183.50 Billion	2.40%
Other Components	Rp6.84 Trillion	89.38%
Total Equity	Rp7.66 Trillion	100.00%

Asuransi Jiwa Sinarmas Msig PT Competitors by Market Cap

The table below lists competitors of Asuransi Jiwa Sinarmas Msig PT ranked by their market capitalization.

Company	Market Cap
Nomad Foods Ltd NYSE:NOMD	$1.47 Billion
Eaglerise Electric & Electronic China Co Ltd Class A SHE:002922	$1.47 Billion
Tianjin Chase Sun Pharmaceutical Co Ltd SHE:300026	$1.47 Billion
Trisura Group Ltd TO:TSU	$1.47 Billion
CMST Development Co Ltd SHG:600787	$1.47 Billion
GEORGIA CAPITAL LS 001 F:2IX	$1.47 Billion
First Tracks Biotherapeutics NASDAQ:TRAX	$1.47 Billion
Jeju Semiconductor Corp KQ:080220	$1.47 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Asuransi Jiwa Sinarmas Msig PT's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 7,491,535,000,000 to 7,655,162,000,000, a change of 163,627,000,000 (2.2%).
Net income of 351,457,000,000 contributed positively to equity growth.
Dividend payments of 79,800,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 117,536,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Rp351.46 Billion	+4.59%
Dividends Paid	Rp79.80 Billion	-1.04%
Other Comprehensive Income	Rp-117.54 Billion	-1.54%
Other Changes	Rp9.51 Billion	+0.12%
Total Change	Rp-	2.18%

Book Value vs Market Value Analysis

This analysis compares Asuransi Jiwa Sinarmas Msig 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: 3.27x
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 increased from 3.14x to 3.27x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	Rp3791.97	Rp11925.00	x
2017-12-31	Rp4139.47	Rp11925.00	x
2018-12-31	Rp3431.67	Rp11925.00	x
2019-12-31	Rp5830.45	Rp11925.00	x
2020-12-31	Rp3832.06	Rp11925.00	x
2021-12-31	Rp3603.63	Rp11925.00	x
2022-12-31	Rp3659.32	Rp11925.00	x
2023-12-31	Rp3567.40	Rp11925.00	x
2024-12-31	Rp3645.32	Rp11925.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Asuransi Jiwa Sinarmas Msig 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): 4.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.44%
• Asset Turnover: 0.26x
• Equity Multiplier: 1.91x
Recent ROE (4.59%) is above the historical average (0.92%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	-25.79%	-35.98%	0.34x	2.12x	Rp-2.64 Trillion
2016	5.15%	5.57%	0.45x	2.07x	Rp-386.16 Billion
2017	5.24%	8.75%	0.31x	1.93x	Rp-413.65 Billion
2018	4.75%	6.81%	0.32x	2.16x	Rp-378.11 Billion
2019	3.69%	6.45%	0.27x	2.09x	Rp-489.88 Billion
2020	4.11%	7.61%	0.27x	1.97x	Rp-473.79 Billion
2021	0.98%	1.83%	0.25x	2.16x	Rp-682.94 Billion
2022	4.79%	10.76%	0.22x	2.02x	Rp-400.68 Billion
2023	1.69%	3.66%	0.23x	2.00x	Rp-622.67 Billion
2024	4.59%	9.44%	0.26x	1.91x	Rp-414.06 Billion

Industry Comparison

This section compares Asuransi Jiwa Sinarmas Msig PT's net assets metrics with peer companies in the Insurance - Life industry.

Industry Context

Industry: Insurance - Life
Average net assets among peers: $7,524,385,944,589
Average return on equity (ROE) among peers: 2.78%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Asuransi Jiwa Sinarmas Msig PT (LIFE)	Rp8.32 Trillion	-25.79%	0.81x	$1.47 Billion
Pacific Strategic Financial (APIC)	$511.10 Billion	5.80%	0.14x	$3.28 Million
Bhakti Multi Artha Pt (BHAT)	$541.37 Billion	0.56%	0.92x	$518.57 Million
Capital Financial Indonesia Tbk PT (CASA)	$8.62 Trillion	0.96%	2.57x	$5.76 Billion
Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk PT (JMAS)	$113.73 Billion	-1.67%	0.25x	$13.36 Million
Paninvest Tbk (PNIN)	$27.83 Trillion	8.24%	0.16x	$166.87 Million

About Asuransi Jiwa Sinarmas Msig PT

JK:LIFE Indonesia Insurance - Life

Market Cap

$1.47 Billion

Rp25.04 Trillion IDR

Market Cap Rank

#7391 Global

#64 in Indonesia

Share Price

Rp11925.00

Change (1 day)

+3.92%

52-Week Range

Rp5575.00 - Rp12725.00

All Time High

Rp17100.00