Golden Eagle Energy Tbk (SMMT) - Net Assets
Based on the latest financial reports, Golden Eagle Energy Tbk (SMMT) has net assets worth Rp547.67 Billion IDR (≈ $32.09 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 (Rp1.46 Trillion ≈ $85.83 Million USD) and total liabilities (Rp917.15 Billion ≈ $53.74 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 liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp547.67 Billion |
| % of Total Assets | 37.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | 50.27% |
| 10-Year Change | 112.57% |
| Growth Volatility | 17.1 |
Golden Eagle Energy Tbk - Net Assets Trend (2007–2024)
This chart illustrates how Golden Eagle Energy Tbk's net assets have evolved over time, based on quarterly financial data. Also explore Golden Eagle Energy Tbk balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Golden Eagle Energy Tbk (2007–2024)
The table below shows the annual net assets of Golden Eagle Energy Tbk from 2007 to 2024. For live valuation and market cap data, see market value of Golden Eagle Energy Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 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 18997152200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp189.97 Billion | 24.16% |
| Common Stock | Rp393.75 Billion | 50.07% |
| Other Comprehensive Income | Rp184.97 Billion | 23.52% |
| Other Components | Rp17.76 Billion | 2.26% |
| Total Equity | Rp786.45 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 |
|---|---|
|
Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited
F:GU5
|
$457.61 Million |
|
Zhejiang Kan Specialities Material Co Ltd
SHE:002012
|
$457.79 Million |
|
Doubleview Gold Corp
V:DBG
|
$457.81 Million |
|
Soft-World International
TWO:5478
|
$457.88 Million |
|
Daodaoquan Grain and Oil Co Ltd
SHE:002852
|
$457.53 Million |
|
Panoro Energy ASA
OL:PEN
|
$457.37 Million |
|
Csd Water Service Co Ltd
SHG:603903
|
$457.30 Million |
|
Paslin Digital Technology Co Ltd
SHG:600215
|
$457.30 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 2023 to 2024, total equity changed from 745,020,512,000 to 786,453,138,000, a change of 41,432,626,000 (5.6%).
- Net income of 33,835,560,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 17,943,975,000.
- Other factors decreased equity by 10,346,909,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp33.84 Billion | +4.3% |
| Other Comprehensive Income | Rp17.94 Billion | +2.28% |
| Other Changes | Rp-10.35 Billion | -1.32% |
| Total Change | Rp- | 5.56% |
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: 9.13x
- 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 |
|---|---|---|---|
| 2009-12-31 | Rp-10.20 | Rp2280.00 | x |
| 2010-12-31 | Rp-13.66 | Rp2280.00 | x |
| 2011-12-31 | Rp-18.78 | Rp2280.00 | x |
| 2012-12-31 | Rp138.03 | Rp2280.00 | x |
| 2013-12-31 | Rp136.19 | Rp2280.00 | x |
| 2014-12-31 | Rp135.26 | Rp2280.00 | x |
| 2015-12-31 | Rp119.73 | Rp2280.00 | x |
| 2016-12-31 | Rp114.60 | Rp2280.00 | x |
| 2017-12-31 | Rp124.44 | Rp2280.00 | x |
| 2018-12-31 | Rp166.58 | Rp2280.00 | x |
| 2019-12-31 | Rp187.26 | Rp2280.00 | x |
| 2020-12-31 | Rp183.12 | Rp2280.00 | x |
| 2021-12-31 | Rp258.32 | Rp2280.00 | x |
| 2022-12-31 | Rp308.67 | Rp2280.00 | x |
| 2023-12-31 | Rp236.51 | Rp2280.00 | x |
| 2024-12-31 | Rp249.67 | Rp2280.00 | 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): 4.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.14%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.64x
- Recent ROE (4.30%) is below the historical average (7.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | 5.99% | 1.66x | 0.00x | Rp2.84 Billion |
| 2010 | 0.00% | -26.49% | 1.86x | 0.00x | Rp-6.24 Billion |
| 2011 | 0.00% | -5.49% | 3.22x | 0.00x | Rp201.20 Million |
| 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 | 14.60% | 40.23% | 0.23x | 1.59x | Rp24.14 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 |
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: $-89,679,570,171
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden Eagle Energy Tbk (SMMT) | Rp547.67 Billion | 0.00% | 1.67x | $457.58 Million |
| Abm Investama Tbk (ABMM) | $247.83 Million | 26.43% | 2.44x | $475.91 Million |
| PT Alamtri Resources Indonesia Tbk (ADRO) | $3.95 Billion | 3.72% | 0.61x | $4.25 Billion |
| Akbar Indomakmur Stimec Tbk (AIMS) | $24.17 Billion | 7.61% | 0.02x | $5.80 Million |
| Atlas Resources Tbk (ARII) | $39.77 Million | -39.02% | 7.22x | $61.97 Million |
| Borneo Olah Sarana Sukses PT (BOSS) | $-108.57 Billion | 0.00% | 0.00x | $4.10 Million |
| Baramulti Suksessarana Tbk (BSSR) | $252.61 Million | 81.22% | 0.72x | $610.20 Million |
| Bumi Resources Tbk (BUMI) | $509.94 Million | 1.34% | 6.26x | $5.22 Billion |
| Bayan Resources Tbk (BYAN) | $515.60 Million | 62.03% | 0.72x | $22.27 Billion |
| Exploitasi Energi Indonesia (CNKO) | $-817.96 Billion | 0.00% | 0.00x | $397.57K |
| PT Petrindo Jaya Kreasi Tbk (CUAN) | $49.87 Million | 3.09% | 0.66x | $7.90 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 mining concession that covers an area of approximately 3,238 hectares located in Palaran, Samarinda in East Kalimantan; and coal concessions covering approximately 2,143 hectares located in North Musi Rawas Regency in South Sumatera. The company also provides mining support services, … Read more