Salim Ivomas Pratama Tbk
PT Salim Ivomas Pratama Tbk, together with its subsidiaries, produces and sells edible oils and fats in Indonesia, China, Singapore, Timor Leste, Nigeria, Haiti, Germany, the Philippines, Papua New Guinea, and internationally. It operates in two segments, Plantations, and Edible Oil and Fats. The Plantations segment develops and maintains bearer plants, such as oil palm, rubber, sugar cane, timbe… Read more
Salim Ivomas Pratama Tbk (SIMP) - Net Assets
Latest net assets as of June 2025: Rp24.51 Trillion IDR
Based on the latest financial reports, Salim Ivomas Pratama Tbk (SIMP) has net assets worth Rp24.51 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp38.99 Trillion) and total liabilities (Rp14.49 Trillion). 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 | Rp24.51 Trillion |
| % of Total Assets | 62.85% |
| Annual Growth Rate | 7.68% |
| 5-Year Change | 29.73% |
| 10-Year Change | 39.21% |
| Growth Volatility | 13.22 |
Salim Ivomas Pratama Tbk - Net Assets Trend (2008–2024)
This chart illustrates how Salim Ivomas Pratama Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Salim Ivomas Pratama Tbk (2008–2024)
The table below shows the annual net assets of Salim Ivomas Pratama Tbk from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp23.99 Trillion | +10.43% |
| 2023-12-31 | Rp21.72 Trillion | +2.62% |
| 2022-12-31 | Rp21.17 Trillion | +6.98% |
| 2021-12-31 | Rp19.79 Trillion | +7.01% |
| 2020-12-31 | Rp18.49 Trillion | +3.98% |
| 2019-12-31 | Rp17.78 Trillion | -2.76% |
| 2018-12-31 | Rp18.29 Trillion | +0.58% |
| 2017-12-31 | Rp18.18 Trillion | +3.19% |
| 2016-12-31 | Rp17.62 Trillion | +2.25% |
| 2015-12-31 | Rp17.23 Trillion | +2.52% |
| 2014-12-31 | Rp16.81 Trillion | +4.34% |
| 2013-12-31 | Rp16.11 Trillion | +0.10% |
| 2012-12-31 | Rp16.09 Trillion | +6.07% |
| 2011-12-31 | Rp15.17 Trillion | +55.78% |
| 2010-12-31 | Rp9.74 Trillion | +11.90% |
| 2009-12-31 | Rp8.70 Trillion | +18.51% |
| 2008-12-31 | Rp7.34 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Salim Ivomas Pratama Tbk'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 296.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp13.46 Trillion | 71.87% |
| Common Stock | Rp3.10 Trillion | 16.56% |
| Other Comprehensive Income | Rp-130.46 Billion | -0.70% |
| Other Components | Rp2.30 Trillion | 12.27% |
| Total Equity | Rp18.72 Trillion | 100.00% |
Salim Ivomas Pratama Tbk Competitors by Market Cap
The table below lists competitors of Salim Ivomas Pratama Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADAMS RES. EN. INC.DL-10
F:5QT
|
$81.59 Million |
|
iNtRON Biotechnology Inc
KQ:048530
|
$81.61 Million |
|
Kirloskar Industries Limited
NSE:KIRLOSIND
|
$81.64 Million |
|
Citra Putra Realty Tbk PT
JK:CLAY
|
$81.67 Million |
|
MOTORPOINT GRP WI LS-01
F:1X4
|
$81.57 Million |
|
Savannah Resources Plc
PINK:SAVNF
|
$81.57 Million |
|
GFLT
PINK:GFLT
|
$81.57 Million |
|
Licogi 16 JSC
VN:LCG
|
$81.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Salim Ivomas Pratama Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,336,832,000,000 to 18,724,382,000,000, a change of 1,387,550,000,000 (8.0%).
- Net income of 1,549,914,000,000 contributed positively to equity growth.
- Dividend payments of 155,013,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,002,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.55 Trillion | +8.28% |
| Dividends Paid | Rp155.01 Billion | -0.83% |
| Other Comprehensive Income | Rp5.00 Billion | +0.03% |
| Other Changes | Rp-12.35 Billion | -0.07% |
| Total Change | Rp- | 8.00% |
Book Value vs Market Value Analysis
This analysis compares Salim Ivomas Pratama Tbk'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 1.62x 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 |
|---|---|---|---|
| 2008-12-31 | Rp363.83 | Rp590.00 | x |
| 2009-12-31 | Rp432.14 | Rp590.00 | x |
| 2010-12-31 | Rp611.09 | Rp590.00 | x |
| 2011-12-31 | Rp882.94 | Rp590.00 | x |
| 2012-12-31 | Rp858.43 | Rp590.00 | x |
| 2013-12-31 | Rp865.96 | Rp590.00 | x |
| 2014-12-31 | Rp912.02 | Rp590.00 | x |
| 2015-12-31 | Rp904.82 | Rp590.00 | x |
| 2016-12-31 | Rp932.93 | Rp590.00 | x |
| 2017-12-31 | Rp948.35 | Rp590.00 | x |
| 2018-12-31 | Rp958.84 | Rp590.00 | x |
| 2019-12-31 | Rp934.43 | Rp590.00 | x |
| 2020-12-31 | Rp963.32 | Rp590.00 | x |
| 2021-12-31 | Rp1010.75 | Rp590.00 | x |
| 2022-12-31 | Rp1085.86 | Rp590.00 | x |
| 2023-12-31 | Rp1118.41 | Rp590.00 | x |
| 2024-12-31 | Rp1207.92 | Rp590.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Salim Ivomas Pratama Tbk 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): 8.28%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.71%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.99x
- Recent ROE (8.28%) is above the historical average (6.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 17.42% | 8.47% | 0.72x | 2.84x | Rp426.99 Billion |
| 2009 | 14.76% | 11.16% | 0.49x | 2.68x | Rp325.17 Billion |
| 2010 | 12.56% | 10.24% | 0.45x | 2.72x | Rp197.76 Billion |
| 2011 | 13.07% | 13.22% | 0.49x | 2.00x | Rp391.74 Billion |
| 2012 | 8.52% | 8.35% | 0.52x | 1.96x | Rp-200.77 Billion |
| 2013 | 3.83% | 3.94% | 0.47x | 2.05x | Rp-842.89 Billion |
| 2014 | 5.94% | 5.62% | 0.48x | 2.19x | Rp-575.86 Billion |
| 2015 | 1.89% | 1.91% | 0.44x | 2.26x | Rp-1.14 Trillion |
| 2016 | 3.72% | 3.70% | 0.45x | 2.25x | Rp-907.83 Billion |
| 2017 | 3.48% | 3.24% | 0.47x | 2.27x | Rp-957.87 Billion |
| 2018 | -0.52% | -0.54% | 0.41x | 2.33x | Rp-1.56 Trillion |
| 2019 | -4.43% | -4.70% | 0.39x | 2.41x | Rp-2.09 Trillion |
| 2020 | 2.28% | 2.35% | 0.41x | 2.37x | Rp-1.15 Trillion |
| 2021 | 8.51% | 6.78% | 0.55x | 2.30x | Rp-233.04 Billion |
| 2022 | 7.12% | 6.73% | 0.49x | 2.15x | Rp-484.86 Billion |
| 2023 | 4.25% | 4.60% | 0.46x | 2.02x | Rp-997.27 Billion |
| 2024 | 8.28% | 9.71% | 0.43x | 1.99x | Rp-322.52 Billion |
Industry Comparison
This section compares Salim Ivomas Pratama Tbk's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $631,799,965,479
- Average return on equity (ROE) among peers: 6.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Salim Ivomas Pratama Tbk (SIMP) | Rp24.51 Trillion | 17.42% | 0.59x | $81.57 Million |
| FKS Food Sejahtera Tbk PT (AISA) | $95.16 Billion | 0.04% | 2.76x | $17.28 Million |
| Estika Tata Tiara Tbk PT (BEEF) | $-266.29 Billion | 0.00% | 0.00x | $24.58 Million |
| Formosa Ingredient Factory PT Tbk (BOBA) | $151.05 Billion | 9.90% | 0.16x | $1.26 Million |
| PT Raja Roti Cemerlang Tbk (BRRC) | $20.11 Billion | 5.85% | 1.84x | $2.01 Million |
| Budi Starch & Sweetener Tbk (BUDI) | $267.46 Billion | 7.73% | 2.48x | $23.27 Million |
| Eagle High Plantations Tbk (BWPT) | $164.27 Billion | 0.56% | 1.05x | $52.97 Million |
| Campina Ice Cream Industry Tbk PT (CAMP) | $935.39 Billion | 8.21% | 0.13x | $5.76 Million |
| Citra Borneo Utama (CBUT) | $-209.50 Billion | 0.00% | 0.00x | $47.87 Million |
| Wilmar Cahaya Indonesia Tbk (CEKA) | $463.40 Billion | 12.59% | 1.22x | $10.68 Million |
| Cisarua Mountain Dairy Tbk PT (CMRY) | $4.70 Trillion | 16.82% | 0.19x | $428.70 Million |