Summarecon Agung Tbk
PT Summarecon Agung Tbk constructs and develops real estate properties in Indonesia. The company operates through Property Development, Investment Property, Leisure and Hospitality, and Others segments. It develops and sells houses, commercial buildings, apartments, and residential land and commercial shop; manages and leases properties. The company develops townships; rents shophouses and office… Read more
Summarecon Agung Tbk (SMRA) - Net Assets
Latest net assets as of September 2025: Rp14.93 Trillion IDR
Based on the latest financial reports, Summarecon Agung Tbk (SMRA) has net assets worth Rp14.93 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 (Rp37.04 Trillion) and total liabilities (Rp22.10 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 | Rp14.93 Trillion |
| % of Total Assets | 40.32% |
| Annual Growth Rate | 22.44% |
| 5-Year Change | 52.25% |
| 10-Year Change | 83.71% |
| Growth Volatility | 45.97 |
Summarecon Agung Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Summarecon Agung Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Summarecon Agung Tbk (2000–2024)
The table below shows the annual net assets of Summarecon Agung Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp13.83 Trillion | +12.43% |
| 2023-12-31 | Rp12.30 Trillion | +4.71% |
| 2022-12-31 | Rp11.75 Trillion | +4.63% |
| 2021-12-31 | Rp11.23 Trillion | +23.60% |
| 2020-12-31 | Rp9.09 Trillion | -3.87% |
| 2019-12-31 | Rp9.45 Trillion | +4.31% |
| 2018-12-31 | Rp9.06 Trillion | +8.46% |
| 2017-12-31 | Rp8.35 Trillion | +2.30% |
| 2016-12-31 | Rp8.17 Trillion | +8.44% |
| 2015-12-31 | Rp7.53 Trillion | +25.65% |
| 2014-12-31 | Rp5.99 Trillion | +28.66% |
| 2013-12-31 | Rp4.66 Trillion | +22.08% |
| 2012-12-31 | Rp3.82 Trillion | +54.03% |
| 2011-12-31 | Rp2.48 Trillion | +14.81% |
| 2010-12-31 | Rp2.16 Trillion | +25.09% |
| 2009-12-31 | Rp1.72 Trillion | +9.47% |
| 2008-12-31 | Rp1.58 Trillion | +4.26% |
| 2007-12-31 | Rp1.51 Trillion | +54.72% |
| 2006-12-31 | Rp976.73 Billion | +16.47% |
| 2005-12-31 | Rp838.62 Billion | +29.32% |
| 2004-12-31 | Rp648.49 Billion | +20.37% |
| 2003-12-31 | Rp538.74 Billion | +23.53% |
| 2002-12-31 | Rp436.13 Billion | +20.75% |
| 2001-12-31 | Rp361.19 Billion | +236.79% |
| 2000-12-31 | Rp107.25 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Summarecon Agung 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 794760197000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp7.95 Trillion | 71.94% |
| Common Stock | Rp1.65 Trillion | 14.94% |
| Other Comprehensive Income | Rp142.20 Billion | 1.29% |
| Other Components | Rp1.31 Trillion | 11.83% |
| Total Equity | Rp11.05 Trillion | 100.00% |
Summarecon Agung Tbk Competitors by Market Cap
The table below lists competitors of Summarecon Agung Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Her Chee Industrial Co Ltd
TWO:8937
|
$201.59 Million |
|
Websol Energy System Limited
NSE:WEBELSOLAR
|
$201.59 Million |
|
Premier Energy
RO:PE
|
$201.62 Million |
|
Aurotek Corp
TW:6215
|
$201.63 Million |
|
CITY OFFICE REIT DL -01
F:5QV
|
$201.58 Million |
|
Cubic Sensor and Instrument Co Ltd
SHG:688665
|
$201.40 Million |
|
Franklin Financial Services Corp
NASDAQ:FRAF
|
$201.38 Million |
|
Zhejiang Qianjiang Biochemical Co Ltd
SHG:600796
|
$201.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Summarecon Agung Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,826,809,976,000 to 11,047,865,751,000, a change of 1,221,055,775,000 (12.4%).
- Net income of 1,373,378,406,000 contributed positively to equity growth.
- Dividend payments of 148,355,215,000 reduced retained earnings.
- Other comprehensive income increased equity by 10,366,860,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.37 Trillion | +12.43% |
| Dividends Paid | Rp148.36 Billion | -1.34% |
| Other Comprehensive Income | Rp10.37 Billion | +0.09% |
| Other Changes | Rp-14.33 Billion | -0.13% |
| Total Change | Rp- | 12.43% |
Book Value vs Market Value Analysis
This analysis compares Summarecon Agung 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: 0.51x
- 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 4.42x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Rp76.45 | Rp338.00 | x |
| 2006-12-31 | Rp80.97 | Rp338.00 | x |
| 2007-12-31 | Rp118.01 | Rp338.00 | x |
| 2008-12-31 | Rp118.13 | Rp338.00 | x |
| 2009-12-31 | Rp129.31 | Rp338.00 | x |
| 2010-12-31 | Rp154.33 | Rp338.00 | x |
| 2011-12-31 | Rp173.70 | Rp338.00 | x |
| 2012-12-31 | Rp253.88 | Rp338.00 | x |
| 2013-12-31 | Rp297.60 | Rp338.00 | x |
| 2014-12-31 | Rp369.20 | Rp338.00 | x |
| 2015-12-31 | Rp403.85 | Rp338.00 | x |
| 2016-12-31 | Rp419.31 | Rp338.00 | x |
| 2017-12-31 | Rp437.24 | Rp338.00 | x |
| 2018-12-31 | Rp463.68 | Rp338.00 | x |
| 2019-12-31 | Rp494.85 | Rp338.00 | x |
| 2020-12-31 | Rp459.81 | Rp338.00 | x |
| 2021-12-31 | Rp557.18 | Rp338.00 | x |
| 2022-12-31 | Rp557.13 | Rp338.00 | x |
| 2023-12-31 | Rp595.26 | Rp338.00 | x |
| 2024-12-31 | Rp669.22 | Rp338.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Summarecon Agung 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): 12.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.93%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 3.04x
- Recent ROE (12.43%) is below the historical average (14.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 18.44% | 11.21% | 0.32x | 5.07x | Rp13.14 Billion |
| 2001 | 59.23% | 53.59% | 0.55x | 2.00x | Rp177.72 Billion |
| 2002 | 19.54% | 31.34% | 0.29x | 2.18x | Rp41.57 Billion |
| 2003 | 22.54% | 25.16% | 0.33x | 2.68x | Rp67.51 Billion |
| 2004 | 22.69% | 22.83% | 0.44x | 2.28x | Rp82.23 Billion |
| 2005 | 18.06% | 18.95% | 0.43x | 2.23x | Rp67.49 Billion |
| 2006 | 17.23% | 17.42% | 0.44x | 2.25x | Rp70.53 Billion |
| 2007 | 10.62% | 15.56% | 0.34x | 2.01x | Rp9.31 Billion |
| 2008 | 6.00% | 7.43% | 0.35x | 2.31x | Rp-62.78 Billion |
| 2009 | 9.79% | 14.04% | 0.27x | 2.60x | Rp-3.57 Billion |
| 2010 | 10.95% | 13.82% | 0.28x | 2.87x | Rp20.35 Billion |
| 2011 | 15.77% | 16.48% | 0.29x | 3.29x | Rp142.29 Billion |
| 2012 | 21.92% | 23.04% | 0.32x | 2.99x | Rp433.93 Billion |
| 2013 | 24.87% | 26.92% | 0.30x | 3.08x | Rp659.09 Billion |
| 2014 | 25.44% | 26.22% | 0.35x | 2.80x | Rp848.61 Billion |
| 2015 | 14.22% | 15.21% | 0.30x | 3.12x | Rp253.90 Billion |
| 2016 | 4.99% | 5.77% | 0.26x | 3.33x | Rp-312.63 Billion |
| 2017 | 5.56% | 6.42% | 0.26x | 3.33x | Rp-288.93 Billion |
| 2018 | 6.50% | 7.93% | 0.24x | 3.37x | Rp-241.65 Billion |
| 2019 | 6.99% | 8.67% | 0.24x | 3.32x | Rp-221.78 Billion |
| 2020 | 2.63% | 3.58% | 0.20x | 3.64x | Rp-504.75 Billion |
| 2021 | 3.74% | 5.81% | 0.21x | 3.01x | Rp-542.41 Billion |
| 2022 | 6.80% | 10.93% | 0.20x | 3.09x | Rp-294.36 Billion |
| 2023 | 7.79% | 11.50% | 0.21x | 3.17x | Rp-216.71 Billion |
| 2024 | 12.43% | 12.93% | 0.32x | 3.04x | Rp268.59 Billion |
Industry Comparison
This section compares Summarecon Agung Tbk's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,998,725,518,942
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Summarecon Agung Tbk (SMRA) | Rp14.93 Trillion | 18.44% | 1.48x | $201.58 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.57 Trillion | 4.51% | 1.58x | $6.68 Million |
| Makmur Berkah Amanda Pt (AMAN) | $709.54 Billion | 7.78% | 0.53x | $8.15 Million |
| Agung Podomoro Land Tbk (APLN) | $6.35 Trillion | 12.79% | 1.39x | $21.65 Million |
| Alam Sutera Realty Tbk (ASRI) | $2.79 Trillion | 21.63% | 1.16x | $78.83 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $128.84 Billion | -2.88% | 0.05x | $1.06 Million |
| Bhakti Agung Propertindo (BAPI) | $428.73 Billion | -0.57% | 0.46x | $2.99 Million |
| Bumi Citra Permai Tbk (BCIP) | $73.69 Billion | 2.96% | 0.68x | $3.82 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $695.65 Billion | -3.52% | 2.41x | $556.90K |
| Sentul City Tbk (BKSL) | $4.59 Trillion | 2.95% | 0.15x | $112.63 Million |
| Wulandari Bangun Laksana (BSBK) | $1.65 Trillion | 0.24% | 0.53x | $13.48 Million |