Sido Muncul PT (SIDO) - Net Assets

Latest as of March 2026: Rp3.26 Trillion IDR ≈ $190.89 Million USD

Based on the latest financial reports, Sido Muncul PT (SIDO) has net assets worth Rp3.26 Trillion IDR (≈ $190.89 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 (Rp3.64 Trillion ≈ $213.55 Million USD) and total liabilities (Rp386.74 Billion ≈ $22.66 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 SIDO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp3.26 Trillion
% of Total Assets	89.39%
Annual Growth Rate	19.73%
5-Year Change	-10.1%
10-Year Change	13.15%
Growth Volatility	45.39

Sido Muncul PT - Net Assets Trend (2009–2025)

This chart illustrates how Sido Muncul PT's net assets have evolved over time, based on quarterly financial data. See SIDO defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Sido Muncul PT (2009–2025)

The table below shows the annual net assets of Sido Muncul PT from 2009 to 2025. For live valuation and market cap data, see SIDO stock market capitalisation.

Year	Net Assets	Change
2025-12-31	Rp3.12 Trillion ≈ $182.85 Million	-10.53%
2024-12-31	Rp3.49 Trillion ≈ $204.37 Million	+3.01%
2023-12-31	Rp3.39 Trillion ≈ $198.40 Million	-3.41%
2022-12-31	Rp3.51 Trillion ≈ $205.41 Million	+0.99%
2021-12-31	Rp3.47 Trillion ≈ $203.40 Million	+7.74%
2020-12-31	Rp3.22 Trillion ≈ $188.78 Million	+5.12%
2019-12-31	Rp3.06 Trillion ≈ $179.58 Million	+5.58%
2018-12-31	Rp2.90 Trillion ≈ $170.08 Million	+0.23%
2017-12-31	Rp2.90 Trillion ≈ $169.69 Million	+5.00%
2016-12-31	Rp2.76 Trillion ≈ $161.60 Million	+6.14%
2015-12-31	Rp2.60 Trillion ≈ $152.25 Million	-1.38%
2014-12-31	Rp2.63 Trillion ≈ $154.38 Million	+0.35%
2013-12-31	Rp2.63 Trillion ≈ $153.84 Million	+101.24%
2012-12-31	Rp1.30 Trillion ≈ $76.45 Million	+143.70%
2011-12-31	Rp535.34 Billion ≈ $31.37 Million	+54.54%
2010-12-31	Rp346.41 Billion ≈ $20.30 Million	+98.05%
2009-12-31	Rp174.91 Billion ≈ $10.25 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sido Muncul 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 762.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Rp945.26 Billion	30.29%
Common Stock	Rp1.50 Trillion	48.07%
Other Comprehensive Income	Rp322.98 Billion	10.35%
Other Components	Rp352.18 Billion	11.29%
Total Equity	Rp3.12 Trillion	100.00%

Sido Muncul PT Competitors by Market Cap

The table below lists competitors of Sido Muncul PT ranked by their market capitalization.

Company	Market Cap
Zhejiang Noblelift Equip SHG:603611	$655.52 Million
Zhejiang Jindun Fans Co Ltd SHE:300411	$655.54 Million
Groupon Inc NASDAQ:GRPN	$655.60 Million
ECOVE Environment Corp TWO:6803	$655.79 Million
Hangzhou Shenhao Technology Co Ltd SHE:300853	$655.20 Million
Beijing Advanced Digital Technology Co Ltd SHE:300541	$655.09 Million
Bomesc Offshore Engineering Co SHG:603727	$655.06 Million
Wangli Security & Surveillance Product Co. Ltd SHG:605268	$655.04 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sido Muncul PT's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,487,837,000,000 to 3,120,427,000,000, a change of -367,410,000,000 (-10.5%).
Net income of 1,229,202,000,000 contributed positively to equity growth.
Dividend payments of 1,275,096,000,000 reduced retained earnings.
Share repurchases of 299,615,000,000 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rp1.23 Trillion	+39.39%
Dividends Paid	Rp1.28 Trillion	-40.86%
Share Repurchases	Rp299.62 Billion	-9.6%
Other Changes	Rp-21.90 Billion	-0.7%
Total Change	Rp-	-10.53%

Book Value vs Market Value Analysis

This analysis compares Sido Muncul 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: 3.62x
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 decreased from 33.16x to 3.62x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	Rp11.46	Rp380.00	x
2011-12-31	Rp17.71	Rp380.00	x
2012-12-31	Rp43.16	Rp380.00	x
2013-12-31	Rp86.85	Rp380.00	x
2014-12-31	Rp87.16	Rp380.00	x
2015-12-31	Rp86.36	Rp380.00	x
2016-12-31	Rp92.61	Rp380.00	x
2017-12-31	Rp96.55	Rp380.00	x
2018-12-31	Rp96.77	Rp380.00	x
2019-12-31	Rp102.17	Rp380.00	x
2020-12-31	Rp107.41	Rp380.00	x
2021-12-31	Rp116.38	Rp380.00	x
2022-12-31	Rp116.85	Rp380.00	x
2023-12-31	Rp112.86	Rp380.00	x
2024-12-31	Rp116.26	Rp380.00	x
2025-12-31	Rp104.99	Rp380.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sido Muncul 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): 39.39%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 30.13%
• Asset Turnover: 1.11x
• Equity Multiplier: 1.18x
Recent ROE (39.39%) is above the historical average (30.79%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	68.47%	12.71%	2.10x	2.57x	Rp202.53 Billion
2011	63.50%	15.46%	1.88x	2.18x	Rp286.40 Billion
2012	29.70%	16.20%	1.11x	1.65x	Rp257.07 Billion
2013	15.46%	17.11%	0.80x	1.12x	Rp143.40 Billion
2014	15.76%	18.89%	0.78x	1.07x	Rp151.73 Billion
2015	16.84%	19.72%	0.79x	1.08x	Rp177.64 Billion
2016	17.42%	18.76%	0.86x	1.08x	Rp204.74 Billion
2017	18.43%	20.74%	0.81x	1.09x	Rp244.21 Billion
2018	22.87%	24.02%	0.83x	1.15x	Rp373.59 Billion
2019	26.35%	26.33%	0.87x	1.15x	Rp501.22 Billion
2020	28.99%	28.00%	0.87x	1.19x	Rp611.84 Billion
2021	36.32%	31.36%	0.99x	1.17x	Rp913.78 Billion
2022	31.51%	28.58%	0.95x	1.16x	Rp754.17 Billion
2023	28.08%	26.66%	0.92x	1.15x	Rp612.05 Billion
2024	33.57%	29.88%	0.99x	1.13x	Rp822.24 Billion
2025	39.39%	30.13%	1.11x	1.18x	Rp917.16 Billion

Industry Comparison

This section compares Sido Muncul PT's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

Industry: Packaged Foods
Average net assets among peers: $1,285,533,687,194
Average return on equity (ROE) among peers: 0.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sido Muncul PT (SIDO)	Rp3.26 Trillion	68.47%	0.12x	$655.42 Million
FKS Food Sejahtera Tbk PT (AISA)	$818.89 Billion	1.07%	1.15x	$830.60K
Estika Tata Tiara Tbk PT (BEEF)	$369.14 Billion	9.11%	1.45x	$77.08 Million
Formosa Ingredient Factory PT Tbk (BOBA)	$151.05 Billion	9.90%	0.16x	$22.35 Million
Budi Starch & Sweetener Tbk (BUDI)	$854.13 Billion	0.59%	1.69x	$54.21 Million
Eagle High Plantations Tbk (BWPT)	$2.06 Trillion	-68.87%	4.85x	$142.24 Million
Campina Ice Cream Industry Tbk PT (CAMP)	$952.64 Billion	13.38%	0.14x	$63.11 Million
Wilmar Cahaya Indonesia Tbk (CEKA)	$194.36 Billion	7.87%	0.43x	$80.89 Million
Cisarua Mountain Dairy Tbk PT (CMRY)	$4.70 Trillion	16.82%	0.19x	$2.03 Billion
Diamond Food Indonesia PT (DMND)	$2.59 Trillion	11.61%	0.45x	$343.98 Million
Morenzo Abadi Perkasa Tbk Pt (ENZO)	$167.30 Billion	4.00%	1.38x	$8.87 Million

About Sido Muncul PT

JK:SIDO Indonesia Packaged Foods

Market Cap

$655.42 Million

Rp11.19 Trillion IDR

Market Cap Rank

#11087 Global

#120 in Indonesia

Share Price

Rp380.00

Change (1 day)

+3.26%

52-Week Range

Rp354.00 - Rp580.00

All Time High

Rp901.04