PT Sumber Mineral Global Abadi
PT Sumber Mineral Global Abadi Tbk engages in wholesale trading of solid, liquid, and gas fuels and related products, and metals and metal ores in Indonesia and internationally. The company trades in crude oil, raw oil, diesel fuel, gasoline, motor oil, kerosene, diesel, kerosene, coal, charcoal, coal ash, wood fuel, naphtha, and biofuels; other fuels, including gas fuels and polish oil, lubricat… Read more
PT Sumber Mineral Global Abadi (SMGA) - Net Assets
Latest net assets as of September 2025: Rp397.52 Billion IDR
Based on the latest financial reports, PT Sumber Mineral Global Abadi (SMGA) has net assets worth Rp397.52 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp811.78 Billion) and total liabilities (Rp414.26 Billion). 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 | Rp397.52 Billion |
| % of Total Assets | 48.97% |
| Annual Growth Rate | 192.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 269.77 |
PT Sumber Mineral Global Abadi - Net Assets Trend (2020–2024)
This chart illustrates how PT Sumber Mineral Global Abadi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PT Sumber Mineral Global Abadi (2020–2024)
The table below shows the annual net assets of PT Sumber Mineral Global Abadi from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp351.03 Billion | +128.57% |
| 2023-12-31 | Rp153.57 Billion | -6.79% |
| 2022-12-31 | Rp164.77 Billion | +709.39% |
| 2021-12-31 | Rp20.36 Billion | +322.95% |
| 2020-12-31 | Rp4.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Sumber Mineral Global Abadi'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 3394504737500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp33.69 Billion | 9.42% |
| Common Stock | Rp175.00 Billion | 48.95% |
| Other Comprehensive Income | Rp1.73 Billion | 0.48% |
| Other Components | Rp147.08 Billion | 41.14% |
| Total Equity | Rp357.50 Billion | 100.00% |
PT Sumber Mineral Global Abadi Competitors by Market Cap
The table below lists competitors of PT Sumber Mineral Global Abadi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bison Electronics Inc.
TWO:3659
|
$9.80 Million |
|
TQR Public Company Limited
BK:TQR
|
$9.80 Million |
|
Vate Technology Co Ltd
TWO:5344
|
$9.80 Million |
|
ReFuels N.V.
OL:REFL
|
$9.80 Million |
|
Mangold Fondkommission AB
ST:MANG
|
$9.78 Million |
|
Sheetal Cool Products Limited
NSE:SCPL
|
$9.78 Million |
|
Inmofam 99 SOCIMI SA
MC:YINM
|
$9.78 Million |
|
Wing Yip Food Holdings Group Limited American Depositary Shares
NASDAQ:WYHG
|
$9.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Sumber Mineral Global Abadi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 154,599,219,000 to 357,497,805,000, a change of 202,898,586,000 (131.2%).
- Net income of 20,345,367,000 contributed positively to equity growth.
- Share repurchases of 183,750,000,000 reduced equity.
- Other comprehensive income increased equity by 473,219,000.
- Other factors increased equity by 365,830,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp20.35 Billion | +5.69% |
| Share Repurchases | Rp183.75 Billion | -51.4% |
| Other Comprehensive Income | Rp473.22 Million | +0.13% |
| Other Changes | Rp365.83 Billion | +102.33% |
| Total Change | Rp- | 131.24% |
Book Value vs Market Value Analysis
This analysis compares PT Sumber Mineral Global Abadi'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: 2.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.79x to 2.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Rp18.99 | Rp91.00 | x |
| 2021-12-31 | Rp20.47 | Rp91.00 | x |
| 2022-12-31 | Rp20.82 | Rp91.00 | x |
| 2023-12-31 | Rp22.09 | Rp91.00 | x |
| 2024-12-31 | Rp41.49 | Rp91.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Sumber Mineral Global Abadi 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): 5.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.92%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 2.21x
- Recent ROE (5.69%) is above the historical average (3.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -3.08% | 0.00% | 0.00x | 17.64x | Rp-620.85 Million |
| 2021 | 7.24% | 4.47% | 0.06x | 26.10x | Rp-141.35 Million |
| 2022 | 5.60% | 5.13% | 0.76x | 1.43x | Rp-6.52 Billion |
| 2023 | 1.61% | 1.43% | 0.62x | 1.82x | Rp-12.98 Billion |
| 2024 | 5.69% | 1.92% | 1.34x | 2.21x | Rp-15.40 Billion |
Industry Comparison
This section compares PT Sumber Mineral Global Abadi's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $581,056,342,711
- Average return on equity (ROE) among peers: 16.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Sumber Mineral Global Abadi (SMGA) | Rp397.52 Billion | -3.08% | 1.04x | $9.79 Million |
| Bumi Resources Minerals Tbk (BRMS) | $-2.84 Billion | 0.00% | 0.00x | $1.23 Billion |
| Cita Mineral Investindo Tbk PT (CITA) | $2.10 Trillion | 29.99% | 0.80x | $76.72 Million |
| Daaz Bara Lestari Tbk (DAAZ) | $1.58 Trillion | 28.79% | 2.25x | $49.60 Million |
| Central Omega Resources Tbk PT (DKFT) | $1.13 Trillion | -4.04% | 0.05x | $81.01 Million |
| Hillcon (HILL) | $-23.50 Billion | 0.00% | 0.00x | $2.42 Million |
| Ifishdeco PT (IFSH) | $838.04 Billion | 9.98% | 0.20x | $42.70 Million |
| Vale Indonesia Tbk (INCO) | $771.12 Million | 3.93% | 0.58x | $805.36 Million |
| Sumber Energi Andalan Tbk PT (ITMA) | $91.38 Million | 34.41% | 0.00x | $16.05 Million |
| Merdeka Copper Gold PT (MDKA) | $2.76 Billion | -0.75% | 0.80x | $2.56 Billion |
| Sinar Terang Mandiri PT Tbk (MINE) | $182.66 Billion | 60.14% | 2.97x | $197.92 |