Golden Eagle Energy Tbk (SMMT) - Net Assets
Based on the latest financial reports, Golden Eagle Energy Tbk (SMMT) has net assets worth Rp652.66 Billion IDR (≈ $38.24 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp2.54 Trillion ≈ $148.93 Million USD) and total liabilities (Rp1.89 Trillion ≈ $110.69 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 Golden Eagle Energy Tbk strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp652.66 Billion |
| % of Total Assets | 25.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | -33.68% |
| 10-Year Change | 42.29% |
| Growth Volatility | 20.02 |
Golden Eagle Energy Tbk - Net Assets Trend (2007–2025)
This chart illustrates how Golden Eagle Energy Tbk's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Golden Eagle Energy Tbk.
Annual Net Assets for Golden Eagle Energy Tbk (2007–2025)
The table below shows the annual net assets of Golden Eagle Energy Tbk from 2007 to 2025. Also explore SMMT shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp542.41 Billion ≈ $31.78 Million |
-36.07% |
| 2024-12-31 | Rp848.38 Billion ≈ $49.71 Million |
+6.11% |
| 2023-12-31 | Rp799.52 Billion ≈ $46.85 Million |
-21.38% |
| 2022-12-31 | Rp1.02 Trillion ≈ $59.59 Million |
+24.34% |
| 2021-12-31 | Rp817.85 Billion ≈ $47.92 Million |
+44.87% |
| 2020-12-31 | Rp564.56 Billion ≈ $33.08 Million |
-3.40% |
| 2019-12-31 | Rp584.45 Billion ≈ $34.25 Million |
+19.39% |
| 2018-12-31 | Rp489.53 Billion ≈ $28.68 Million |
+16.73% |
| 2017-12-31 | Rp419.36 Billion ≈ $24.57 Million |
+10.01% |
| 2016-12-31 | Rp381.19 Billion ≈ $22.34 Million |
-4.49% |
| 2015-12-31 | Rp399.11 Billion ≈ $23.39 Million |
-12.89% |
| 2014-12-31 | Rp458.19 Billion ≈ $26.85 Million |
-1.30% |
| 2013-12-31 | Rp464.23 Billion ≈ $27.20 Million |
+4.08% |
| 2012-12-31 | Rp446.01 Billion ≈ $26.13 Million |
+2630.13% |
| 2011-12-31 | Rp-17.63 Billion ≈ $-1.03 Million |
-37.55% |
| 2010-12-31 | Rp-12.82 Billion ≈ $-750.95K |
-32.03% |
| 2009-12-31 | Rp-9.71 Billion ≈ $-568.75K |
+9.91% |
| 2008-12-31 | Rp-10.77 Billion ≈ $-631.31K |
-71.03% |
| 2007-12-31 | Rp-6.30 Billion ≈ $-369.12K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Golden Eagle Energy 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 33634551600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp325.18 Billion | 60.28% |
| Common Stock | Rp640.27 Billion | 118.69% |
| Other Comprehensive Income | Rp-93.48 Billion | -17.33% |
| Total Equity | Rp539.46 Billion | 100.00% |
Golden Eagle Energy Tbk Competitors by Market Cap
The table below lists competitors of Golden Eagle Energy Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tectonic Therapeutic, Inc.
NASDAQ:TECX
|
$537.96 Million |
|
Endur ASA
OL:ENDUR
|
$537.99 Million |
|
Chularat Hospital Public Company Limited
BK:CHG
|
$538.29 Million |
|
Ennis Inc
NYSE:EBF
|
$538.49 Million |
|
Verra Mobility Corp
NASDAQ:VRRM
|
$537.75 Million |
|
Shenzhen Jiang and Associates Creative Design Co Ltd
SHE:300668
|
$537.63 Million |
|
Qualitas Ltd
AU:QAL
|
$537.46 Million |
|
Probe Gold Inc.
TO:PRB
|
$537.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden Eagle Energy Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 786,453,138,000 to 539,463,480,000, a change of -246,989,658,000 (-31.4%).
- Net income of 66,901,930,000 contributed positively to equity growth.
- Dividend payments of 6,550 reduced retained earnings.
- Share repurchases of 13,063,780 reduced equity.
- New share issuances of 13,063,776 increased equity.
- Other comprehensive income decreased equity by 278,449,261,000.
- Other factors decreased equity by 35,442,320,446.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp66.90 Billion | +12.4% |
| Dividends Paid | Rp6.55K | -0.0% |
| Share Repurchases | Rp13.06 Million | -0.0% |
| Share Issuances | Rp13.06 Million | +0.0% |
| Other Comprehensive Income | Rp-278.45 Billion | -51.62% |
| Other Changes | Rp-35.44 Billion | -6.57% |
| Total Change | Rp- | -31.41% |
Book Value vs Market Value Analysis
This analysis compares Golden Eagle Energy 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: 16.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp-6.62 | Rp2680.00 | x |
| 2008-12-31 | Rp-11.32 | Rp2680.00 | x |
| 2009-12-31 | Rp-10.20 | Rp2680.00 | x |
| 2010-12-31 | Rp-16.95 | Rp2680.00 | x |
| 2011-12-31 | Rp-18.78 | Rp2680.00 | x |
| 2012-12-31 | Rp138.03 | Rp2680.00 | x |
| 2013-12-31 | Rp136.19 | Rp2680.00 | x |
| 2014-12-31 | Rp135.26 | Rp2680.00 | x |
| 2015-12-31 | Rp119.73 | Rp2680.00 | x |
| 2016-12-31 | Rp114.60 | Rp2680.00 | x |
| 2017-12-31 | Rp124.44 | Rp2680.00 | x |
| 2018-12-31 | Rp188.29 | Rp2680.00 | x |
| 2019-12-31 | Rp187.26 | Rp2680.00 | x |
| 2020-12-31 | Rp183.12 | Rp2680.00 | x |
| 2021-12-31 | Rp258.32 | Rp2680.00 | x |
| 2022-12-31 | Rp308.67 | Rp2680.00 | x |
| 2023-12-31 | Rp236.51 | Rp2680.00 | x |
| 2024-12-31 | Rp249.67 | Rp2680.00 | x |
| 2025-12-31 | Rp161.44 | Rp2680.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden Eagle Energy 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): 12.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.92%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 2.97x
- Recent ROE (12.40%) is above the historical average (6.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | -3.45% | 1.45x | 0.00x | Rp-410.40 Million |
| 2008 | 0.00% | 1.75% | 1.67x | 0.00x | Rp1.67 Billion |
| 2009 | 0.00% | 5.99% | 1.66x | 0.00x | Rp2.84 Billion |
| 2010 | 0.00% | -28.74% | 1.71x | 0.00x | Rp-5.93 Billion |
| 2011 | 0.00% | 15.41% | 3.22x | 0.00x | Rp6.14 Billion |
| 2012 | 3.92% | 0.00% | 0.00x | 1.16x | Rp-25.08 Billion |
| 2013 | 3.92% | 0.00% | 0.00x | 1.46x | Rp-26.08 Billion |
| 2014 | -0.77% | -36.75% | 0.01x | 1.70x | Rp-45.89 Billion |
| 2015 | -13.30% | -174.37% | 0.04x | 1.89x | Rp-87.88 Billion |
| 2016 | -4.55% | -29.32% | 0.09x | 1.76x | Rp-52.54 Billion |
| 2017 | 7.92% | 53.89% | 0.08x | 1.85x | Rp-8.14 Billion |
| 2018 | 12.92% | 40.23% | 0.23x | 1.40x | Rp17.30 Billion |
| 2019 | 1.16% | 2.73% | 0.29x | 1.48x | Rp-52.16 Billion |
| 2020 | -2.87% | -7.89% | 0.24x | 1.53x | Rp-74.21 Billion |
| 2021 | 28.69% | 45.93% | 0.48x | 1.29x | Rp152.07 Billion |
| 2022 | 37.27% | 34.53% | 0.89x | 1.22x | Rp265.10 Billion |
| 2023 | 32.81% | 24.05% | 1.01x | 1.35x | Rp169.93 Billion |
| 2024 | 4.30% | 4.14% | 0.64x | 1.64x | Rp-44.81 Billion |
| 2025 | 12.40% | 3.92% | 1.07x | 2.97x | Rp12.96 Billion |
Industry Comparison
This section compares Golden Eagle Energy Tbk's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $-133,968,424,925
- Average return on equity (ROE) among peers: 9.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Eagle Energy Tbk (SMMT) | Rp652.66 Billion | 0.00% | 2.89x | $537.85 Million |
| Abm Investama Tbk (ABMM) | $203.86 Million | -55.76% | 4.56x | $458.16 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $2.44 Billion | 22.61% | 1.32x | $4.37 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $16.92 Billion | 4.79% | 0.14x | $6.39 Million |
| Atlas Resources Tbk (ARII) | $23.71 Million | 6.16% | 1.50x | $65.48 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $-78.01 Billion | 0.00% | 0.00x | $4.10 Million |
| Baramulti Suksessarana Tbk (BSSR) | $264.07 Million | 49.82% | 0.45x | $751.25 Million |
| Bumi Resources Tbk (BUMI) | $2.86 Billion | 2.48% | 0.45x | $4.53 Billion |
| Bayan Resources Tbk (BYAN) | $515.60 Million | 62.03% | 0.72x | $19.92 Billion |
| Exploitasi Energi Indonesia (CNKO) | $-1.28 Trillion | 0.00% | 0.00x | $249.33K |
| PT Petrindo Jaya Kreasi Tbk (CUAN) | $49.87 Million | 3.09% | 0.66x | $6.06 Billion |
About Golden Eagle Energy Tbk
PT Golden Eagle Energy Tbk engages in the coal mining business in Indonesia. The company owns interests in a coal concession that covers an area of 3,238 hectares located in East Kalimantan; and 2,143 hectares located in South Sumatera. It is also involved in general surveying, exploration, exploitation, processing, refining, and trading activities. In addition, the company offers mining support … Read more