Surya Biru Murni Acetylene Tbk PT
PT Surya Biru Murni Acetylene Tbk produces chemical industrial gases in Indonesia. It offers acetylene, oxygen, and nitrogen, as well as argon, carbon dioxide, helium, and mixed gases; compressed air gases; and other gases for laboratory and testing applications. The company was founded in 1980 and is headquartered in Balikpapan, Indonesia. PT Surya Biru Murni Acetylene Tbk is a subsidiary of PT … Read more
Surya Biru Murni Acetylene Tbk PT (SBMA) - Net Assets
Latest net assets as of September 2025: Rp234.47 Billion IDR
Based on the latest financial reports, Surya Biru Murni Acetylene Tbk PT (SBMA) has net assets worth Rp234.47 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 (Rp287.75 Billion) and total liabilities (Rp53.27 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 | Rp234.47 Billion |
| % of Total Assets | 81.49% |
| Annual Growth Rate | 21.09% |
| 5-Year Change | 51.95% |
| 10-Year Change | N/A |
| Growth Volatility | 33.75 |
Surya Biru Murni Acetylene Tbk PT - Net Assets Trend (2018–2024)
This chart illustrates how Surya Biru Murni Acetylene Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Surya Biru Murni Acetylene Tbk PT (2018–2024)
The table below shows the annual net assets of Surya Biru Murni Acetylene Tbk PT from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp227.90 Billion | +5.78% |
| 2023-12-31 | Rp215.45 Billion | +2.07% |
| 2022-12-31 | Rp211.07 Billion | +2.82% |
| 2021-12-31 | Rp205.29 Billion | +36.88% |
| 2020-12-31 | Rp149.98 Billion | +95.38% |
| 2019-12-31 | Rp76.76 Billion | +6.20% |
| 2018-12-31 | Rp72.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Surya Biru Murni Acetylene Tbk 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 decreased by 44.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp30.85 Billion | 13.54% |
| Common Stock | Rp92.99 Billion | 40.80% |
| Other Comprehensive Income | Rp74.66 Billion | 32.76% |
| Other Components | Rp29.39 Billion | 12.90% |
| Total Equity | Rp227.90 Billion | 100.00% |
Surya Biru Murni Acetylene Tbk PT Competitors by Market Cap
The table below lists competitors of Surya Biru Murni Acetylene Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AMETEK (AK1.SG)
STU:AK1
|
$1.84 Million |
|
VALIANT HLDG N - Dusseldorf Stock Exchang
DU:VAT
|
$1.84 Million |
|
Kim Hin Industry Bhd
KLSE:5371
|
$1.84 Million |
|
CARDINAL HEALTH
MU:CLH
|
$1.84 Million |
|
Newcap Holding A/S
CO:NEWCAP
|
$1.84 Million |
|
Cabnet Holdings Bhd
KLSE:0191
|
$1.84 Million |
|
Hold Me Ltd
PINK:HMELF
|
$1.83 Million |
|
SR Accord
TA:SRAC
|
$1.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Surya Biru Murni Acetylene Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 215,449,026,000 to 227,898,084,000, a change of 12,449,058,000 (5.8%).
- Net income of 13,357,774,000 contributed positively to equity growth.
- Dividend payments of 1,022,919,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,114,204,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp13.36 Billion | +5.86% |
| Dividends Paid | Rp1.02 Billion | -0.45% |
| Other Comprehensive Income | Rp1.11 Billion | +0.49% |
| Other Changes | Rp-1.00 Billion | -0.44% |
| Total Change | Rp- | 5.78% |
Book Value vs Market Value Analysis
This analysis compares Surya Biru Murni Acetylene Tbk 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: 0.49x
- 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 1.68x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Rp70.78 | Rp119.00 | x |
| 2019-12-31 | Rp75.17 | Rp119.00 | x |
| 2020-12-31 | Rp146.86 | Rp119.00 | x |
| 2021-12-31 | Rp221.13 | Rp119.00 | x |
| 2022-12-31 | Rp227.13 | Rp119.00 | x |
| 2023-12-31 | Rp231.79 | Rp119.00 | x |
| 2024-12-31 | Rp245.19 | Rp119.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Surya Biru Murni Acetylene Tbk 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): 5.86%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.14%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.27x
- Recent ROE (5.86%) is above the historical average (4.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 7.19% | 7.80% | 0.54x | 1.71x | Rp-2.03 Billion |
| 2019 | 6.02% | 6.42% | 0.57x | 1.66x | Rp-3.06 Billion |
| 2020 | 3.54% | 7.14% | 0.38x | 1.30x | Rp-9.69 Billion |
| 2021 | 3.61% | 8.40% | 0.35x | 1.22x | Rp-13.12 Billion |
| 2022 | 2.12% | 4.33% | 0.38x | 1.28x | Rp-16.62 Billion |
| 2023 | 2.20% | 4.17% | 0.41x | 1.28x | Rp-16.81 Billion |
| 2024 | 5.86% | 10.14% | 0.45x | 1.27x | Rp-9.43 Billion |
Industry Comparison
This section compares Surya Biru Murni Acetylene Tbk PT's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $346,407,981,698
- Average return on equity (ROE) among peers: -2.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Surya Biru Murni Acetylene Tbk PT (SBMA) | Rp234.47 Billion | 7.19% | 0.23x | $1.84 Million |
| Polychem Indonesia Tbk (ADMG) | $145.26 Million | -18.41% | 0.18x | $3.21 Million |
| Aneka Gas Industri Tbk PT (AGII) | $1.71 Trillion | 2.46% | 1.89x | $47.02 Million |
| Bintang Mitra Semestaraya Tbk (BMSR) | $330.01 Billion | -8.46% | 1.15x | $9.21 Million |
| Barito Pacific Tbk (BRPT) | $4.27 Billion | 6.94% | 1.17x | $2.21 Billion |
| Surya Esa Perkasa Tbk (ESSA) | $311.78 Million | -10.77% | 1.54x | $432.22 Million |
| Eterindo Wahanatama Tbk (ETWA) | $-268.17 Billion | 0.00% | 0.00x | $2.09 Million |
| Haloni Jane (HALO) | $-210.88 Billion | 0.00% | 0.00x | $1.50 Million |
| Madusari Murni Indah Tbk PT (MOLI) | $1.35 Trillion | 0.96% | 0.43x | $3.11 Million |
| Indo Acidatama Tbk (SRSN) | $193.04 Billion | 3.52% | 1.04x | $4.25 Million |