Palma Serasih PT (PSGO) - Net Assets
Based on the latest financial reports, Palma Serasih PT (PSGO) has net assets worth Rp2.81 Trillion IDR (≈ $164.50 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp3.25 Trillion ≈ $190.60 Million USD) and total liabilities (Rp445.38 Billion ≈ $26.10 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 PSGO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp2.81 Trillion |
| % of Total Assets | 86.31% |
| Annual Growth Rate | 10.64% |
| 5-Year Change | 91.61% |
| 10-Year Change | N/A |
| Growth Volatility | 34.16 |
Palma Serasih PT - Net Assets Trend (2016–2025)
This chart illustrates how Palma Serasih PT's net assets have evolved over time, based on quarterly financial data. See Palma Serasih PT (PSGO) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Palma Serasih PT (2016–2025)
The table below shows the annual net assets of Palma Serasih PT from 2016 to 2025. For live valuation and market cap data, see market value of Palma Serasih PT.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp2.73 Trillion ≈ $159.97 Million |
+11.85% |
| 2024-12-31 | Rp2.44 Trillion ≈ $143.02 Million |
+9.10% |
| 2023-12-31 | Rp2.24 Trillion ≈ $131.09 Million |
+32.68% |
| 2022-12-31 | Rp1.69 Trillion ≈ $98.80 Million |
+18.34% |
| 2021-12-31 | Rp1.42 Trillion ≈ $83.49 Million |
+17.73% |
| 2020-12-31 | Rp1.21 Trillion ≈ $70.91 Million |
+2.81% |
| 2019-12-31 | Rp1.18 Trillion ≈ $68.97 Million |
+96.19% |
| 2018-12-31 | Rp600.00 Billion ≈ $35.16 Million |
-23.37% |
| 2017-12-31 | Rp782.97 Billion ≈ $45.88 Million |
-28.77% |
| 2016-12-31 | Rp1.10 Trillion ≈ $64.41 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Palma Serasih 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 98123970498500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp683.94 Billion | 25.06% |
| Common Stock | Rp1.89 Trillion | 69.05% |
| Other Comprehensive Income | Rp182.34 Billion | 6.68% |
| Total Equity | Rp2.73 Trillion | 100.00% |
Palma Serasih PT Competitors by Market Cap
The table below lists competitors of Palma Serasih PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Servet Gayrimenkul Yatirim Ortakligi AS
IS:SRVGY
|
$217.65 Million |
|
Prodware
PA:ALPRO
|
$217.71 Million |
|
ASIX Electronics
TWO:3169
|
$217.71 Million |
|
Thirumalai Chemicals Limited
NSE:TIRUMALCHM
|
$217.72 Million |
|
Iljin Holdings
KO:015860
|
$217.52 Million |
|
CHTC Helon Co Ltd
SHE:000677
|
$217.45 Million |
|
Piedmont Lithium Inc
AU:PLL
|
$217.40 Million |
|
Orge Enerji Elektrik Taahhut AS
IS:ORGE
|
$217.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Palma Serasih PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,440,408,684,000 to 2,729,734,478,000, a change of 289,325,794,000 (11.9%).
- Net income of 442,848,959,000 contributed positively to equity growth.
- Dividend payments of 150,800,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 80,026,835,000.
- Other factors decreased equity by 82,750,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp442.85 Billion | +16.22% |
| Dividends Paid | Rp150.80 Billion | -5.52% |
| Other Comprehensive Income | Rp80.03 Billion | +2.93% |
| Other Changes | Rp-82.75 Billion | -3.03% |
| Total Change | Rp- | 11.86% |
Book Value vs Market Value Analysis
This analysis compares Palma Serasih 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: 1.36x
- 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 3.52x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp55.89 | Rp197.00 | x |
| 2017-12-31 | Rp39.53 | Rp197.00 | x |
| 2018-12-31 | Rp30.18 | Rp197.00 | x |
| 2019-12-31 | Rp62.42 | Rp197.00 | x |
| 2020-12-31 | Rp64.18 | Rp197.00 | x |
| 2021-12-31 | Rp75.57 | Rp197.00 | x |
| 2022-12-31 | Rp89.43 | Rp197.00 | x |
| 2023-12-31 | Rp118.66 | Rp197.00 | x |
| 2024-12-31 | Rp129.46 | Rp197.00 | x |
| 2025-12-31 | Rp144.81 | Rp197.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Palma Serasih 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): 16.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.35%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.46x
- Recent ROE (16.22%) is above the historical average (3.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -6.92% | -15.93% | 0.19x | 2.27x | Rp-178.20 Billion |
| 2017 | -5.79% | -5.78% | 0.28x | 3.62x | Rp-117.63 Billion |
| 2018 | -31.02% | -25.58% | 0.21x | 5.90x | Rp-233.32 Billion |
| 2019 | -13.68% | -22.10% | 0.22x | 2.77x | Rp-278.65 Billion |
| 2020 | 2.19% | 2.85% | 0.27x | 2.81x | Rp-94.47 Billion |
| 2021 | 15.01% | 12.11% | 0.47x | 2.62x | Rp71.39 Billion |
| 2022 | 15.29% | 13.06% | 0.48x | 2.46x | Rp89.10 Billion |
| 2023 | 24.55% | 26.80% | 0.49x | 1.87x | Rp325.56 Billion |
| 2024 | 14.37% | 16.48% | 0.54x | 1.62x | Rp106.61 Billion |
| 2025 | 16.22% | 17.35% | 0.64x | 1.46x | Rp169.88 Billion |
Industry Comparison
This section compares Palma Serasih PT's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,026,533,596,789
- Average return on equity (ROE) among peers: 23.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Palma Serasih PT (PSGO) | Rp2.81 Trillion | -6.92% | 0.16x | $217.59 Million |
| Astra Agro Lestari Tbk (AALI) | $5.34 Trillion | 50.89% | 0.22x | $696.41 Million |
| Asia Sejahtera Mina Tbk (AGAR) | $108.54 Billion | 1.54% | 0.65x | $12.77 Million |
| Andira Agro Tbk PT (ANDI) | $246.12 Billion | 6.99% | 1.19x | $9.86 Million |
| Austindo Nusantara Jaya Tbk (ANJT) | $364.66 Million | 6.01% | 0.09x | $308.57 Million |
| PT Cilacap Samudera Fishing Industry Tbk (ASHA) | $46.79 Billion | 0.19% | 1.52x | $16.70 Million |
| PT Janu Putra Sejahtera Tbk (AYAM) | $78.83 Billion | 76.85% | 1.86x | $82.50 Million |
| Bumi Teknokultura Unggul Tbk (BTEK) | $1.66 Trillion | -30.65% | 1.54x | $29.83 Million |
| Charoen Pokphand Indonesia TBK PT (CPIN) | $696.84 Billion | 0.00% | 1.89x | $3.19 Billion |
| Central Proteina Prima Tbk (CPRO) | $1.31 Trillion | 91.79% | 4.49x | $118.57 Million |
| Cisadane Sawit Raya Pt (CSRA) | $781.29 Billion | 33.23% | 1.24x | $93.70 Million |
About Palma Serasih PT
PT Palma Serasih Tbk, through its subsidiaries, engages in the palm oil plantation and processing business in Indonesia. The company also provides construction and trading services. It also exports its products. The company was founded in 2008 and is headquartered in Jakarta Selatan, Indonesia.