Semen Baturaja Persero Tbk (SMBR) - Net Assets
Based on the latest financial reports, Semen Baturaja Persero Tbk (SMBR) has net assets worth Rp3.39 Trillion IDR (≈ $198.75 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp4.80 Trillion ≈ $281.52 Million USD) and total liabilities (Rp1.41 Trillion ≈ $82.77 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 asset resilience ratio of Semen Baturaja Persero Tbk to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp3.39 Trillion |
| % of Total Assets | 70.6% |
| Annual Growth Rate | 16.28% |
| 5-Year Change | -4.1% |
| 10-Year Change | 10.81% |
| Growth Volatility | 44.23 |
Semen Baturaja Persero Tbk - Net Assets Trend (2002–2024)
This chart illustrates how Semen Baturaja Persero Tbk's net assets have evolved over time, based on quarterly financial data. Also explore SMBR total asset value for the complete picture of this company's asset base.
Annual Net Assets for Semen Baturaja Persero Tbk (2002–2024)
The table below shows the annual net assets of Semen Baturaja Persero Tbk from 2002 to 2024. For live valuation and market cap data, see market cap of Semen Baturaja Persero Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp3.27 Trillion ≈ $191.51 Million |
+3.35% |
| 2023-12-31 | Rp3.16 Trillion ≈ $185.30 Million |
+2.45% |
| 2022-12-31 | Rp3.09 Trillion ≈ $180.88 Million |
-10.94% |
| 2021-12-31 | Rp3.47 Trillion ≈ $203.11 Million |
+1.71% |
| 2020-12-31 | Rp3.41 Trillion ≈ $199.69 Million |
-2.14% |
| 2019-12-31 | Rp3.48 Trillion ≈ $204.05 Million |
+0.25% |
| 2018-12-31 | Rp3.47 Trillion ≈ $203.54 Million |
+1.78% |
| 2017-12-31 | Rp3.41 Trillion ≈ $199.98 Million |
+9.36% |
| 2016-12-31 | Rp3.12 Trillion ≈ $182.86 Million |
+5.81% |
| 2015-12-31 | Rp2.95 Trillion ≈ $172.82 Million |
+8.54% |
| 2014-12-31 | Rp2.72 Trillion ≈ $159.22 Million |
+10.15% |
| 2013-12-31 | Rp2.47 Trillion ≈ $144.55 Million |
+158.55% |
| 2012-12-31 | Rp954.14 Billion ≈ $55.91 Million |
+131.66% |
| 2009-12-31 | Rp411.87 Billion ≈ $24.13 Million |
+39.34% |
| 2008-12-31 | Rp295.59 Billion ≈ $17.32 Million |
+71.96% |
| 2007-12-31 | Rp171.89 Billion ≈ $10.07 Million |
+20.55% |
| 2006-12-31 | Rp142.59 Billion ≈ $8.36 Million |
+3.20% |
| 2005-12-31 | Rp138.17 Billion ≈ $8.10 Million |
+12.92% |
| 2004-12-31 | Rp122.36 Billion ≈ $7.17 Million |
+3.21% |
| 2003-12-31 | Rp118.55 Billion ≈ $6.95 Million |
+0.16% |
| 2002-12-31 | Rp118.36 Billion ≈ $6.94 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Semen Baturaja Persero 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 123.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp129.25 Billion | 3.95% |
| Common Stock | Rp993.25 Billion | 30.39% |
| Other Comprehensive Income | Rp875.15 Billion | 26.78% |
| Other Components | Rp1.27 Trillion | 38.88% |
| Total Equity | Rp3.27 Trillion | 100.00% |
Semen Baturaja Persero Tbk Competitors by Market Cap
The table below lists competitors of Semen Baturaja Persero Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SRM CONTRACTORS ORD (BSE)
NSE:SRM
|
$125.74 Million |
|
HusCompagniet AS
CO:HUSCO
|
$125.76 Million |
|
FACT II Acquisition Corp. Class A Ordinary Shares
NASDAQ:FACT
|
$125.78 Million |
|
AgriBank Securities JSC
VN:AGR
|
$125.78 Million |
|
Global Green Chemicals Public Company Limited
BK:GGC
|
$125.71 Million |
|
Lippo General Insurance Tbk
JK:LPGI
|
$125.69 Million |
|
Keyrus SA
PA:ALKEY
|
$125.61 Million |
|
Lotte Himart
KO:071840
|
$125.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Semen Baturaja Persero Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,162,435,527,000 to 3,268,269,004,000, a change of 105,833,477,000 (3.3%).
- Net income of 129,254,004,000 contributed positively to equity growth.
- Dividend payments of 24,314,188,000 reduced retained earnings.
- Other comprehensive income increased equity by 86,478,191,000.
- Other factors decreased equity by 85,584,530,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp129.25 Billion | +3.95% |
| Dividends Paid | Rp24.31 Billion | -0.74% |
| Other Comprehensive Income | Rp86.48 Billion | +2.65% |
| Other Changes | Rp-85.58 Billion | -2.62% |
| Total Change | Rp- | 3.35% |
Book Value vs Market Value Analysis
This analysis compares Semen Baturaja Persero 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: 0.66x
- 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 increased from 0.17x to 0.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp1272.18 | Rp216.00 | x |
| 2013-12-31 | Rp290.89 | Rp216.00 | x |
| 2014-12-31 | Rp276.21 | Rp216.00 | x |
| 2015-12-31 | Rp299.80 | Rp216.00 | x |
| 2016-12-31 | Rp317.22 | Rp216.00 | x |
| 2017-12-31 | Rp343.87 | Rp216.00 | x |
| 2018-12-31 | Rp349.72 | Rp216.00 | x |
| 2019-12-31 | Rp350.59 | Rp216.00 | x |
| 2020-12-31 | Rp343.10 | Rp216.00 | x |
| 2021-12-31 | Rp348.98 | Rp216.00 | x |
| 2022-12-31 | Rp310.79 | Rp216.00 | x |
| 2023-12-31 | Rp318.39 | Rp216.00 | x |
| 2024-12-31 | Rp329.05 | Rp216.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Semen Baturaja Persero 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): 3.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.18%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.50x
- Recent ROE (3.95%) is below the historical average (7.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 31.29% | 27.19% | 0.92x | 1.26x | Rp203.10 Billion |
| 2013 | 12.65% | 26.71% | 0.43x | 1.10x | Rp65.49 Billion |
| 2014 | 12.08% | 27.03% | 0.42x | 1.08x | Rp56.61 Billion |
| 2015 | 12.01% | 24.24% | 0.45x | 1.11x | Rp59.24 Billion |
| 2016 | 8.30% | 17.01% | 0.35x | 1.40x | Rp-52.99 Billion |
| 2017 | 4.30% | 9.45% | 0.31x | 1.48x | Rp-194.64 Billion |
| 2018 | 2.19% | 3.81% | 0.36x | 1.59x | Rp-271.29 Billion |
| 2019 | 0.86% | 1.50% | 0.36x | 1.60x | Rp-318.15 Billion |
| 2020 | 0.32% | 0.64% | 0.30x | 1.68x | Rp-329.80 Billion |
| 2021 | 1.35% | 2.67% | 0.30x | 1.68x | Rp-299.92 Billion |
| 2022 | 2.50% | 4.11% | 0.36x | 1.69x | Rp-231.37 Billion |
| 2023 | 3.84% | 5.96% | 0.42x | 1.54x | Rp-194.67 Billion |
| 2024 | 3.95% | 6.18% | 0.43x | 1.50x | Rp-197.57 Billion |
Industry Comparison
This section compares Semen Baturaja Persero Tbk's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $8,657,138,779,687
- Average return on equity (ROE) among peers: 16.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Semen Baturaja Persero Tbk (SMBR) | Rp3.39 Trillion | 31.29% | 0.42x | $125.71 Million |
| Asahimas Flat Glass Tbk (AMFG) | $3.39 Trillion | 10.07% | 0.26x | $80.62 Million |
| Berkah Beton Sadaya Tbk PT (BEBS) | $681.85 Billion | 16.14% | 0.07x | $13.18 Million |
| Cemindo Gemilang Tbk PT (CMNT) | $2.74 Trillion | 17.20% | 5.95x | $817.84 Million |
| Citatah Tbk (CTTH) | $91.72 Billion | 56.35% | 2.11x | $10.96 Million |
| HK Metals Utama Tbk PT (HKMU) | $299.19 Billion | 10.27% | 2.51x | $9.44 Million |
| Indocement Tunggal Prakarsa (INTP) | $8.50 Trillion | 20.54% | 0.33x | $1.01 Billion |
| Solusi Bangun Indonesia Tbk PT (SMCB) | $7.57 Trillion | 8.60% | 1.74x | $409.59 Million |
| Semen Indonesia Persero Tbk (SMGR) | $47.24 Trillion | 5.01% | 0.76x | $791.23 Million |
| Waskita Beton Precast Tbk PT (WSBP) | $7.41 Trillion | 8.57% | 0.85x | $61.16 Million |
About Semen Baturaja Persero Tbk
PT Semen Baturaja (Persero) Tbk produces and distributes cement in Indonesia. The company provides ordinary Portland cement and Portland composite cement; Baturaja mortar cement; and white clay products. PT Semen Baturaja (Persero) Tbk was founded in 1974 and is headquartered in Palembang, Indonesia. PT Semen Baturaja (Persero) Tbk operates as a subsidiary of PT Semen Indonesia (Persero) Tbk.