Sinar Mas Agro Resources and Technology Tbk PT (SMAR) - Net Assets

Latest as of June 2025: Rp20.60 Trillion IDR ≈ $1.21 Billion USD

Based on the latest financial reports, Sinar Mas Agro Resources and Technology Tbk PT (SMAR) has net assets worth Rp20.60 Trillion IDR (≈ $1.21 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp45.13 Trillion ≈ $2.64 Billion USD) and total liabilities (Rp24.52 Trillion ≈ $1.44 Billion 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 SMAR cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rp20.60 Trillion
% of Total Assets 45.66%
Annual Growth Rate N/A
5-Year Change 58.76%
10-Year Change 160.84%
Growth Volatility 17.53

Sinar Mas Agro Resources and Technology Tbk PT - Net Assets Trend (2000–2024)

This chart illustrates how Sinar Mas Agro Resources and Technology Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore SMAR total asset value for the complete picture of this company's asset base.

Annual Net Assets for Sinar Mas Agro Resources and Technology Tbk PT (2000–2024)

The table below shows the annual net assets of Sinar Mas Agro Resources and Technology Tbk PT from 2000 to 2024. For live valuation and market cap data, see how much is Sinar Mas Agro Resources and Technology worth.

Year Net Assets Change
2024-12-31 Rp19.88 Trillion
≈ $1.17 Billion		 +4.25%
2023-12-31 Rp19.07 Trillion
≈ $1.12 Billion		 -0.91%
2022-12-31 Rp19.25 Trillion
≈ $1.13 Billion		 +33.50%
2021-12-31 Rp14.42 Trillion
≈ $844.83 Million		 +15.12%
2020-12-31 Rp12.52 Trillion
≈ $733.84 Million		 +14.55%
2019-12-31 Rp10.93 Trillion
≈ $640.63 Million		 -10.74%
2018-12-31 Rp12.25 Trillion
≈ $717.75 Million		 +8.40%
2017-12-31 Rp11.30 Trillion
≈ $662.13 Million		 +10.79%
2016-12-31 Rp10.20 Trillion
≈ $597.65 Million		 +33.80%
2015-12-31 Rp7.62 Trillion
≈ $446.66 Million		 -4.07%
2014-12-31 Rp7.95 Trillion
≈ $465.61 Million		 +22.53%
2013-12-31 Rp6.48 Trillion
≈ $379.99 Million		 -27.46%
2012-12-31 Rp8.94 Trillion
≈ $523.81 Million		 +21.86%
2011-12-31 Rp7.34 Trillion
≈ $429.83 Million		 +22.73%
2010-12-31 Rp5.98 Trillion
≈ $350.22 Million		 +20.73%
2009-12-31 Rp4.95 Trillion
≈ $290.08 Million		 +0.01%
2008-12-31 Rp4.95 Trillion
≈ $290.06 Million		 +40.30%
2007-12-31 Rp3.53 Trillion
≈ $206.74 Million		 +36.90%
2006-12-31 Rp2.58 Trillion
≈ $151.02 Million		 +33.63%
2005-12-31 Rp1.93 Trillion
≈ $113.01 Million		 +653.25%
2004-12-31 Rp-348.59 Billion
≈ $-20.43 Million		 -37.63%
2003-12-31 Rp-253.28 Billion
≈ $-14.84 Million		 +24.29%
2002-12-31 Rp-334.55 Billion
≈ $-19.60 Million		 +44.21%
2001-12-31 Rp-599.68 Billion
≈ $-35.14 Million		 -4766.36%
2000-12-31 Rp-12.32 Billion
≈ $-722.08K		 --

Equity Component Analysis

This analysis shows how different components contribute to Sinar Mas Agro Resources and Technology 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 grown by 1692846700000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp16.93 Trillion 85.20%
Common Stock Rp574.44 Billion 2.89%
Other Comprehensive Income Rp609.65 Billion 3.07%
Other Components Rp1.76 Trillion 8.84%
Total Equity Rp19.87 Trillion 100.00%

Sinar Mas Agro Resources and Technology Tbk PT Competitors by Market Cap

The table below lists competitors of Sinar Mas Agro Resources and Technology Tbk PT ranked by their market capitalization.

Company Market Cap
Zhongtong Bus Holding Co Ltd
SHE:000957
 $1.04 Billion
Paradise Co. Ltd
KQ:034230
 $1.04 Billion
Helia Group Ltd
AU:HLI
 $1.04 Billion
Medikaloka Hermina PT
JK:HEAL
 $1.04 Billion
Chengdu Hongqi Chain Co Ltd
SHE:002697
 $1.03 Billion
Gilat Satellite Networks Ltd
TA:GILT
 $1.03 Billion
Ina Invest Holding AG
SW:INA
 $1.03 Billion
Wuxi ETEK Microelectronics Co Ltd
SHG:688601
 $1.03 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sinar Mas Agro Resources and Technology Tbk PT's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,058,823,000,000 to 19,869,434,000,000, a change of 810,611,000,000 (4.3%).
  • Net income of 1,278,172,000,000 contributed positively to equity growth.
  • Dividend payments of 574,211,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 80,276,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp1.28 Trillion +6.43%
Dividends Paid Rp574.21 Billion -2.89%
Other Comprehensive Income Rp80.28 Billion +0.4%
Other Changes Rp26.37 Billion +0.13%
Total Change Rp- 4.25%

Book Value vs Market Value Analysis

This analysis compares Sinar Mas Agro Resources and Technology 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: 0.89x
  • 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 3.57x to 0.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 Rp1722.26 Rp6150.00 x
2010-12-31 Rp2079.66 Rp6150.00 x
2011-12-31 Rp2552.36 Rp6150.00 x
2012-12-31 Rp3110.55 Rp6150.00 x
2013-12-31 Rp2255.83 Rp6150.00 x
2014-12-31 Rp2764.57 Rp6150.00 x
2015-12-31 Rp2651.61 Rp6150.00 x
2016-12-31 Rp3549.24 Rp6150.00 x
2017-12-31 Rp3932.09 Rp6150.00 x
2018-12-31 Rp4262.31 Rp6150.00 x
2019-12-31 Rp3804.12 Rp6150.00 x
2020-12-31 Rp4357.53 Rp6150.00 x
2021-12-31 Rp5016.07 Rp6150.00 x
2022-12-31 Rp6696.84 Rp6150.00 x
2023-12-31 Rp6635.63 Rp6150.00 x
2024-12-31 Rp6917.86 Rp6150.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sinar Mas Agro Resources and Technology 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): 6.43%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.62%
  • • Asset Turnover: 1.74x
  • • Equity Multiplier: 2.28x
  • Recent ROE (6.43%) is below the historical average (16.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 15.77% 6.53% 1.01x 2.38x Rp111.35 Billion
2006 24.37% 13.34% 0.89x 2.06x Rp370.28 Billion
2007 28.03% 12.24% 1.00x 2.29x Rp636.12 Billion
2008 21.15% 6.50% 1.58x 2.06x Rp551.75 Billion
2009 15.13% 5.27% 1.39x 2.06x Rp253.83 Billion
2010 21.10% 6.22% 1.62x 2.09x Rp663.20 Billion
2011 24.35% 5.63% 2.15x 2.01x Rp1.05 Trillion
2012 24.08% 7.82% 1.69x 1.82x Rp1.26 Trillion
2013 13.77% 3.73% 1.30x 2.84x Rp244.59 Billion
2014 18.57% 4.56% 1.52x 2.68x Rp680.49 Billion
2015 -5.07% -1.07% 1.51x 3.15x Rp-1.15 Trillion
2016 25.51% 8.74% 1.14x 2.56x Rp1.58 Trillion
2017 10.42% 3.33% 1.30x 2.40x Rp47.43 Billion
2018 4.88% 1.60% 1.28x 2.39x Rp-626.89 Billion
2019 8.22% 2.48% 1.30x 2.54x Rp-193.99 Billion
2020 12.29% 3.81% 1.15x 2.80x Rp287.18 Billion
2021 19.62% 4.96% 1.41x 2.80x Rp1.39 Trillion
2022 28.60% 7.33% 1.76x 2.21x Rp3.58 Trillion
2023 4.82% 1.38% 1.68x 2.08x Rp-988.08 Billion
2024 6.43% 1.62% 1.74x 2.28x Rp-708.77 Billion

Industry Comparison

This section compares Sinar Mas Agro Resources and Technology Tbk PT's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $1,132,640,375,658
  • Average return on equity (ROE) among peers: 8.93%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sinar Mas Agro Resources and Technology Tbk PT (SMAR) Rp20.60 Trillion 15.77% 1.19x $1.04 Billion
Astra Agro Lestari Tbk (AALI) $2.84 Trillion 27.73% 0.23x $913.51 Million
Asia Sejahtera Mina Tbk (AGAR) $106.55 Billion -0.72% 0.61x $14.65 Million
Andira Agro Tbk PT (ANDI) $159.78 Billion -14.43% 1.19x $13.70 Million
Austindo Nusantara Jaya Tbk (ANJT) $422.28 Million 0.00% 0.40x $356.72 Million
PT Cilacap Samudera Fishing Industry Tbk (ASHA) $179.68 Billion 10.16% 0.22x $22.27 Million
PT Janu Putra Sejahtera Tbk (AYAM) $200.75 Billion 4.80% 0.77x $79.69 Million
Bumi Teknokultura Unggul Tbk (BTEK) $79.94 Billion 0.00% 0.01x $37.96 Million
Charoen Pokphand Indonesia TBK PT (CPIN) $6.19 Trillion 38.06% 0.43x $3.85 Billion
Central Proteina Prima Tbk (CPRO) $1.16 Trillion 0.00% 1.15x $135.17 Million
Cisadane Sawit Raya Pt (CSRA) $408.77 Billion 23.68% 1.91x $109.31 Million

About Sinar Mas Agro Resources and Technology Tbk PT

JK:SMAR Indonesia Farm Products
Market Cap
$1.04 Billion
Rp17.66 Trillion IDR
Market Cap Rank
#8952 Global
#92 in Indonesia
Share Price
Rp6150.00
Change (1 day)
-6.82%
52-Week Range
Rp3400.00 - Rp6875.00
All Time High
Rp6875.00
Categories
Companies in Indonesia Farm Products
About

PT Sinar Mas Agro Resources and Technology Tbk, a seed-to-shelf agribusiness company, produces and sells palm-based products in Indonesia. The company extracts fresh fruit bunches into crude palm oil and palm kernel, and processes into value-added products, such as cooking oil, margarine, shortening, oleo-chemicals, and biodiesel. It also offers cooking oil products under the Filma and Kunci Mas … Read more