Asuransi Jiwa Sinarmas Msig PT Net Assets
Asuransi Jiwa Sinarmas Msig PT net assets. 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. Also explore net asset momentum of Asuransi Jiwa Sinarmas Msig PT to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Asuransi Jiwa Sinarmas Msig PT (2015–2024)
Net assets of Asuransi Jiwa Sinarmas Msig PT from 2015 to 2024. This chart illustrates how Asuransi Jiwa Sinarmas Msig PT's net assets have evolved over time, based on quarterly financial data. See LIFE equity financing ratio to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see how much is Asuransi Jiwa Sinarmas Msig PT worth.
| 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.
Asuransi Jiwa Sinarmas Msig PT Net Assets Breakdown (December 2024)
Asuransi Jiwa Sinarmas Msig PT net assets breakdown by equity component as of 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 |
|---|---|
|
Shenzhen Jufei Optoelectronics
SHE:300303
|
$1.20 Billion |
|
Taiji Computer Corp Ltd
SHE:002368
|
$1.20 Billion |
|
Instalco Intressenter AB
ST:INSTAL
|
$1.21 Billion |
|
Hunan Yujing Machinery Co Ltd Class A
SHE:002943
|
$1.21 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
$1.20 Billion |
|
Sarawak Oil Palms Bhd
KLSE:5126
|
$1.20 Billion |
|
Zhejiang Shibao Co Ltd
SHE:002703
|
$1.20 Billion |
|
Vcanbio Cell & Gene Engineering Corp Ltd
SHG:600645
|
$1.20 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: 2.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.58x to 2.68x 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 | Rp9775.00 | x |
| 2017-12-31 | Rp4139.47 | Rp9775.00 | x |
| 2018-12-31 | Rp3431.67 | Rp9775.00 | x |
| 2019-12-31 | Rp5830.45 | Rp9775.00 | x |
| 2020-12-31 | Rp3832.06 | Rp9775.00 | x |
| 2021-12-31 | Rp3603.63 | Rp9775.00 | x |
| 2022-12-31 | Rp3659.32 | Rp9775.00 | x |
| 2023-12-31 | Rp3567.40 | Rp9775.00 | x |
| 2024-12-31 | Rp3645.32 | Rp9775.00 | 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 | $1.20 Billion |
| Pacific Strategic Financial (APIC) | $511.10 Billion | 5.80% | 0.14x | $3.36 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 | $6.14 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 | $129.92 Million |
About Asuransi Jiwa Sinarmas Msig PT
PT MSIG Life Insurance Indonesia Tbk provides life insurance products in Indonesia. The company operates through six segments: Term Insurance, Endowment, Whole Life Insurance, and Health Insurance. It offers personal accident, medical, and medika ultimax; protection and unit link life insurance; and life insurance, such as smart life guard, smile berkat, income protection x-tra, bank sinarmas, ba… Read more