Solusi Bangun Indonesia Tbk PT
PT Solusi Bangun Indonesia Tbk, together with its subsidiaries, engages in the production and distribution of cement, ready-mixed concrete, and aggregates in Indonesia and internationally. It operates through three segments: Cement, Ready-mix Concrete and Aggregates Quarry, and Other Construction Services. The company provides other construction and consulting services. In addition, it is involve… Read more
Solusi Bangun Indonesia Tbk PT (SMCB) - Net Assets
Latest net assets as of September 2025: Rp13.02 Trillion IDR
Based on the latest financial reports, Solusi Bangun Indonesia Tbk PT (SMCB) has net assets worth Rp13.02 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp20.36 Trillion) and total liabilities (Rp7.34 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 | Rp13.02 Trillion |
| % of Total Assets | 63.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | 70.68% |
| 10-Year Change | 52.83% |
| Growth Volatility | 8877.41 |
Solusi Bangun Indonesia Tbk PT - Net Assets Trend (2000–2024)
This chart illustrates how Solusi Bangun Indonesia 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 Solusi Bangun Indonesia Tbk PT (2000–2024)
The table below shows the annual net assets of Solusi Bangun Indonesia Tbk PT from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp12.91 Trillion | +3.27% |
| 2023-12-31 | Rp12.50 Trillion | +5.43% |
| 2022-12-31 | Rp11.86 Trillion | +5.90% |
| 2021-12-31 | Rp11.20 Trillion | +48.01% |
| 2020-12-31 | Rp7.57 Trillion | +8.36% |
| 2019-12-31 | Rp6.98 Trillion | +8.83% |
| 2018-12-31 | Rp6.42 Trillion | -10.85% |
| 2017-12-31 | Rp7.20 Trillion | -10.71% |
| 2016-12-31 | Rp8.06 Trillion | -4.61% |
| 2015-12-31 | Rp8.45 Trillion | -1.54% |
| 2014-12-31 | Rp8.58 Trillion | -2.18% |
| 2013-12-31 | Rp8.77 Trillion | +4.22% |
| 2012-12-31 | Rp8.42 Trillion | +11.83% |
| 2011-12-31 | Rp7.53 Trillion | +10.27% |
| 2010-12-31 | Rp6.83 Trillion | +105.84% |
| 2009-12-31 | Rp3.32 Trillion | +18.18% |
| 2008-12-31 | Rp2.81 Trillion | +24.30% |
| 2007-12-31 | Rp2.26 Trillion | +7.56% |
| 2006-12-31 | Rp2.10 Trillion | +13.91% |
| 2005-12-31 | Rp1.84 Trillion | -14.45% |
| 2004-12-31 | Rp2.15 Trillion | -18.95% |
| 2003-12-31 | Rp2.66 Trillion | +5.92% |
| 2002-12-31 | Rp2.51 Trillion | +43541.18% |
| 2001-12-31 | Rp5.75 Billion | +100.07% |
| 2000-12-31 | Rp-8.13 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solusi Bangun Indonesia 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 277682600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.78 Trillion | 21.50% |
| Common Stock | Rp4.51 Trillion | 34.92% |
| Other Comprehensive Income | Rp613.32 Billion | 4.75% |
| Other Components | Rp5.01 Trillion | 38.83% |
| Total Equity | Rp12.91 Trillion | 100.00% |
Solusi Bangun Indonesia Tbk PT Competitors by Market Cap
The table below lists competitors of Solusi Bangun Indonesia Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crescent NV
BR:OPTI
|
$5.66 Million |
|
Bluesky Digital Assets Corp
OTCQB:BTCWF
|
$5.66 Million |
|
WCM BETEILIGUNG
HM:WCMK
|
$5.66 Million |
|
Index International Group Public Company Limited
BK:IND
|
$5.66 Million |
|
Alara Resources Ltd
AU:AUQ
|
$5.66 Million |
|
Andira Agro Tbk PT
JK:ANDI
|
$5.66 Million |
|
Kumbi Corporation
KO:008870
|
$5.65 Million |
|
King's Bay Resources Corp
PINK:KBGCF
|
$5.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solusi Bangun Indonesia Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,504,614,000,000 to 12,914,110,000,000, a change of 409,496,000,000 (3.3%).
- Net income of 745,090,000,000 contributed positively to equity growth.
- Dividend payments of 262,226,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 67,200,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp745.09 Billion | +5.77% |
| Dividends Paid | Rp262.23 Billion | -2.03% |
| Other Comprehensive Income | Rp-67.20 Billion | -0.52% |
| Other Changes | Rp-6.17 Billion | -0.05% |
| Total Change | Rp- | 3.27% |
Book Value vs Market Value Analysis
This analysis compares Solusi Bangun Indonesia 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: 0.54x
- 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 2.76x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Rp281.04 | Rp775.00 | x |
| 2005-12-31 | Rp240.43 | Rp775.00 | x |
| 2006-12-31 | Rp273.87 | Rp775.00 | x |
| 2007-12-31 | Rp294.58 | Rp775.00 | x |
| 2008-12-31 | Rp365.95 | Rp775.00 | x |
| 2009-12-31 | Rp432.59 | Rp775.00 | x |
| 2010-12-31 | Rp890.34 | Rp775.00 | x |
| 2011-12-31 | Rp981.97 | Rp775.00 | x |
| 2012-12-31 | Rp1098.12 | Rp775.00 | x |
| 2013-12-31 | Rp1144.37 | Rp775.00 | x |
| 2014-12-31 | Rp1119.41 | Rp775.00 | x |
| 2015-12-31 | Rp1102.70 | Rp775.00 | x |
| 2016-12-31 | Rp1051.90 | Rp775.00 | x |
| 2017-12-31 | Rp939.19 | Rp775.00 | x |
| 2018-12-31 | Rp837.33 | Rp775.00 | x |
| 2019-12-31 | Rp911.22 | Rp775.00 | x |
| 2020-12-31 | Rp987.38 | Rp775.00 | x |
| 2021-12-31 | Rp1361.49 | Rp775.00 | x |
| 2022-12-31 | Rp1314.95 | Rp775.00 | x |
| 2023-12-31 | Rp1386.42 | Rp775.00 | x |
| 2024-12-31 | Rp1431.82 | Rp775.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solusi Bangun Indonesia 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): 5.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.30%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.63x
- Recent ROE (5.77%) is above the historical average (5.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 20.03% | 25.39% | 0.26x | 3.08x | Rp251.61 Billion |
| 2003 | 6.55% | 7.77% | 0.29x | 2.88x | Rp-91.59 Billion |
| 2004 | -24.76% | -22.51% | 0.32x | 3.46x | Rp-748.49 Billion |
| 2005 | -18.13% | -11.07% | 0.41x | 3.98x | Rp-518.32 Billion |
| 2006 | 8.38% | 5.88% | 0.42x | 3.37x | Rp-33.92 Billion |
| 2007 | 7.50% | 4.51% | 0.52x | 3.19x | Rp-56.33 Billion |
| 2008 | 10.03% | 5.86% | 0.59x | 2.93x | Rp869.60 Million |
| 2009 | 27.52% | 15.35% | 0.82x | 2.19x | Rp580.82 Billion |
| 2010 | 12.17% | 13.93% | 0.57x | 1.53x | Rp148.12 Billion |
| 2011 | 14.13% | 14.13% | 0.69x | 1.46x | Rp310.69 Billion |
| 2012 | 16.05% | 14.98% | 0.74x | 1.45x | Rp508.77 Billion |
| 2013 | 10.86% | 9.83% | 0.65x | 1.70x | Rp75.19 Billion |
| 2014 | 7.69% | 6.96% | 0.55x | 2.01x | Rp-197.93 Billion |
| 2015 | 2.07% | 1.90% | 0.53x | 2.06x | Rp-669.86 Billion |
| 2016 | -3.53% | -3.01% | 0.48x | 2.45x | Rp-1.09 Trillion |
| 2017 | -10.53% | -8.08% | 0.48x | 2.73x | Rp-1.48 Trillion |
| 2018 | -12.90% | -7.98% | 0.56x | 2.91x | Rp-1.47 Trillion |
| 2019 | 7.15% | 4.51% | 0.57x | 2.80x | Rp-199.21 Billion |
| 2020 | 8.60% | 6.44% | 0.49x | 2.74x | Rp-105.63 Billion |
| 2021 | 6.37% | 6.36% | 0.52x | 1.92x | Rp-406.56 Billion |
| 2022 | 7.08% | 6.84% | 0.57x | 1.80x | Rp-346.73 Billion |
| 2023 | 7.15% | 7.23% | 0.56x | 1.78x | Rp-355.82 Billion |
| 2024 | 5.77% | 6.30% | 0.56x | 1.63x | Rp-546.32 Billion |
Industry Comparison
This section compares Solusi Bangun Indonesia Tbk PT's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $3,661,414,899,087
- Average return on equity (ROE) among peers: 5.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solusi Bangun Indonesia Tbk PT (SMCB) | Rp13.02 Trillion | 20.03% | 0.56x | $5.66 Million |
| Asahimas Flat Glass Tbk (AMFG) | $859.82 Billion | 18.99% | 0.73x | $12.78 Million |
| Berkah Beton Sadaya Tbk PT (BEBS) | $681.85 Billion | 16.14% | 0.07x | $8.87 Million |
| PT Superior Prima Sukses Tbk (BLES) | $752.36 Billion | 19.59% | 1.03x | $5.43 Million |
| Cemindo Gemilang Tbk PT (CMNT) | $3.84 Trillion | -2.30% | 3.72x | $81.15 Million |
| Citatah Tbk (CTTH) | $75.99 Billion | 1.21% | 1.87x | $2.34 Million |
| HK Metals Utama Tbk PT (HKMU) | $464.43 Billion | -50.59% | 1.00x | $9.46 Million |
| Indocement Tunggal Prakarsa (INTP) | $22.98 Trillion | 21.80% | 0.16x | $316.72 Million |
| NAIK (NAIK) | $179.52 Billion | 17.21% | 0.34x | $52.38 |
| Semen Baturaja Persero Tbk (SMBR) | $3.12 Trillion | 8.30% | 0.40x | $33.55 Million |