Solusi Bangun Indonesia Tbk PT (SMCB) - Net Assets

Latest as of March 2026: Rp13.31 Trillion IDR ≈ $779.71 Million USD

Based on the latest financial reports, Solusi Bangun Indonesia Tbk PT (SMCB) has net assets worth Rp13.31 Trillion IDR (≈ $779.71 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 (Rp20.31 Trillion ≈ $1.19 Billion USD) and total liabilities (Rp7.00 Trillion ≈ $410.43 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. Also explore Solusi Bangun Indonesia Tbk PT total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp13.31 Trillion
% of Total Assets	65.51%
Annual Growth Rate	N/A
5-Year Change	17.91%
10-Year Change	63.82%
Growth Volatility	8698.79

Solusi Bangun Indonesia Tbk PT - Net Assets Trend (2000–2025)

This chart illustrates how Solusi Bangun Indonesia Tbk PT's net assets have evolved over time, based on quarterly financial data. Check SMCB intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Solusi Bangun Indonesia Tbk PT (2000–2025)

The table below shows the annual net assets of Solusi Bangun Indonesia Tbk PT from 2000 to 2025. For live valuation and market cap data, see Solusi Bangun Indonesia Tbk PT (SMCB) market capitalisation.

Year	Net Assets	Change
2025-12-31	Rp13.20 Trillion ≈ $773.74 Million	+2.25%
2024-12-31	Rp12.91 Trillion ≈ $756.72 Million	+3.27%
2023-12-31	Rp12.50 Trillion ≈ $732.72 Million	+5.43%
2022-12-31	Rp11.86 Trillion ≈ $694.95 Million	+5.90%
2021-12-31	Rp11.20 Trillion ≈ $656.22 Million	+48.01%
2020-12-31	Rp7.57 Trillion ≈ $443.35 Million	+8.36%
2019-12-31	Rp6.98 Trillion ≈ $409.15 Million	+8.83%
2018-12-31	Rp6.42 Trillion ≈ $375.97 Million	-10.85%
2017-12-31	Rp7.20 Trillion ≈ $421.71 Million	-10.71%
2016-12-31	Rp8.06 Trillion ≈ $472.32 Million	-4.61%
2015-12-31	Rp8.45 Trillion ≈ $495.13 Million	-1.54%
2014-12-31	Rp8.58 Trillion ≈ $502.87 Million	-2.18%
2013-12-31	Rp8.77 Trillion ≈ $514.06 Million	+4.22%
2012-12-31	Rp8.42 Trillion ≈ $493.26 Million	+11.83%
2011-12-31	Rp7.53 Trillion ≈ $441.07 Million	+10.27%
2010-12-31	Rp6.83 Trillion ≈ $399.98 Million	+105.84%
2009-12-31	Rp3.32 Trillion ≈ $194.32 Million	+18.18%
2008-12-31	Rp2.81 Trillion ≈ $164.42 Million	+24.30%
2007-12-31	Rp2.26 Trillion ≈ $132.27 Million	+7.56%
2006-12-31	Rp2.10 Trillion ≈ $122.97 Million	+13.91%
2005-12-31	Rp1.84 Trillion ≈ $107.96 Million	-14.45%
2004-12-31	Rp2.15 Trillion ≈ $126.19 Million	-18.95%
2003-12-31	Rp2.66 Trillion ≈ $155.69 Million	+5.92%
2002-12-31	Rp2.51 Trillion ≈ $146.99 Million	+43541.18%
2001-12-31	Rp5.75 Billion ≈ $336.81K	+100.07%
2000-12-31	Rp-8.13 Trillion ≈ $-476.44 Million	--

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 306303100000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Rp3.06 Trillion	23.20%
Common Stock	Rp4.51 Trillion	34.15%
Other Comprehensive Income	Rp617.62 Billion	4.68%
Other Components	Rp5.01 Trillion	37.97%
Total Equity	Rp13.20 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
Hi-Trend Tech(Shanghai)Co Ltd SHG:688391	$409.74 Million
Tokmanni Group Oyj HE:TOKMAN	$409.78 Million
Zhejiang Wufangzhai Industry Co. Ltd. A SHG:603237	$409.79 Million
Yuancheng Cable Co Ltd SHE:002692	$409.84 Million
Eik fasteignafélag hf IC:EIK	$409.44 Million
Logan Energy Corp V:LGN	$409.36 Million
Wuhan Xingtu Xinke Electronics Co Ltd SHG:688081	$409.22 Million
Cognor S.A. WAR:COG	$409.21 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 2024 to 2025, total equity changed from 12,914,110,000,000 to 13,204,619,000,000, a change of 290,509,000,000 (2.2%).
Net income of 658,742,000,000 contributed positively to equity growth.
Dividend payments of 363,167,000,000 reduced retained earnings.
Other comprehensive income increased equity by 4,304,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rp658.74 Billion	+4.99%
Dividends Paid	Rp363.17 Billion	-2.75%
Other Comprehensive Income	Rp4.30 Billion	+0.03%
Other Changes	Rp-9.37 Billion	-0.07%
Total Change	Rp-	2.25%

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: 0.53x
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 0.53x 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
2025-12-31	Rp1464.03	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): 4.99%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.14%
• Asset Turnover: 0.53x
• Equity Multiplier: 1.54x
Recent ROE (4.99%) is below the historical average (5.01%), suggesting potential challenges in 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
2025	4.99%	6.14%	0.53x	1.54x	Rp-661.72 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: $6,306,812,853,260
Average return on equity (ROE) among peers: -0.13%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Solusi Bangun Indonesia Tbk PT (SMCB)	Rp13.31 Trillion	20.03%	0.53x	$409.59 Million
Asahimas Flat Glass Tbk (AMFG)	$541.16 Billion	23.34%	2.04x	$84.18 Million
Berkah Beton Sadaya Tbk PT (BEBS)	$771.79 Billion	15.93%	0.06x	$13.18 Million
Cemindo Gemilang Tbk PT (CMNT)	$3.84 Trillion	-2.30%	3.72x	$802.79 Million
Citatah Tbk (CTTH)	$16.77 Billion	0.00%	12.84x	$9.02 Million
HK Metals Utama Tbk PT (HKMU)	$464.43 Billion	-50.59%	1.00x	$9.44 Million
Indocement Tunggal Prakarsa (INTP)	$1.12 Trillion	0.00%	9.38x	$905.69 Million
Semen Baturaja Persero Tbk (SMBR)	$2.95 Trillion	12.01%	0.11x	$94.87 Million
Semen Indonesia Persero Tbk (SMGR)	$47.72 Trillion	0.40%	0.60x	$576.23 Million
Waskita Beton Precast Tbk PT (WSBP)	$-664.49 Billion	0.00%	0.00x	$45.07 Million

About Solusi Bangun Indonesia Tbk PT

JK:SMCB Indonesia Building Materials

Market Cap

$409.59 Million

Rp6.99 Trillion IDR

Market Cap Rank

#13104 Global

#156 in Indonesia

Share Price

Rp775.00

Change (1 day)

+0.00%

52-Week Range

Rp738.48 - Rp775.00

All Time High

Rp1927.95