Summarecon Agung Tbk (SMRA) - Net Assets
Based on the latest financial reports, Summarecon Agung Tbk (SMRA) has net assets worth Rp16.00 Trillion IDR (≈ $937.82 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp38.34 Trillion ≈ $2.25 Billion USD) and total liabilities (Rp22.34 Trillion ≈ $1.31 Billion 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 financial resilience of Summarecon Agung Tbk to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp16.00 Trillion |
| % of Total Assets | 41.74% |
| Annual Growth Rate | 22.17% |
| 5-Year Change | 42.52% |
| 10-Year Change | 96.0% |
| Growth Volatility | 45.09 |
Summarecon Agung Tbk - Net Assets Trend (2000–2025)
This chart illustrates how Summarecon Agung Tbk's net assets have evolved over time, based on quarterly financial data. Also explore Summarecon Agung Tbk asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Summarecon Agung Tbk (2000–2025)
The table below shows the annual net assets of Summarecon Agung Tbk from 2000 to 2025. For live valuation and market cap data, see market value of Summarecon Agung Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp16.00 Trillion ≈ $937.82 Million |
+15.70% |
| 2024-12-31 | Rp13.83 Trillion ≈ $810.53 Million |
+12.43% |
| 2023-12-31 | Rp12.30 Trillion ≈ $720.91 Million |
+4.71% |
| 2022-12-31 | Rp11.75 Trillion ≈ $688.51 Million |
+4.63% |
| 2021-12-31 | Rp11.23 Trillion ≈ $658.05 Million |
+23.60% |
| 2020-12-31 | Rp9.09 Trillion ≈ $532.39 Million |
-3.87% |
| 2019-12-31 | Rp9.45 Trillion ≈ $553.81 Million |
+4.31% |
| 2018-12-31 | Rp9.06 Trillion ≈ $530.92 Million |
+8.46% |
| 2017-12-31 | Rp8.35 Trillion ≈ $489.50 Million |
+2.30% |
| 2016-12-31 | Rp8.17 Trillion ≈ $478.47 Million |
+8.44% |
| 2015-12-31 | Rp7.53 Trillion ≈ $441.21 Million |
+25.65% |
| 2014-12-31 | Rp5.99 Trillion ≈ $351.14 Million |
+28.66% |
| 2013-12-31 | Rp4.66 Trillion ≈ $272.92 Million |
+22.08% |
| 2012-12-31 | Rp3.82 Trillion ≈ $223.57 Million |
+54.03% |
| 2011-12-31 | Rp2.48 Trillion ≈ $145.15 Million |
+14.81% |
| 2010-12-31 | Rp2.16 Trillion ≈ $126.42 Million |
+25.09% |
| 2009-12-31 | Rp1.72 Trillion ≈ $101.07 Million |
+9.47% |
| 2008-12-31 | Rp1.58 Trillion ≈ $92.32 Million |
+4.26% |
| 2007-12-31 | Rp1.51 Trillion ≈ $88.55 Million |
+54.72% |
| 2006-12-31 | Rp976.73 Billion ≈ $57.23 Million |
+16.47% |
| 2005-12-31 | Rp838.62 Billion ≈ $49.14 Million |
+29.32% |
| 2004-12-31 | Rp648.49 Billion ≈ $38.00 Million |
+20.37% |
| 2003-12-31 | Rp538.74 Billion ≈ $31.57 Million |
+23.53% |
| 2002-12-31 | Rp436.13 Billion ≈ $25.56 Million |
+20.75% |
| 2001-12-31 | Rp361.19 Billion ≈ $21.16 Million |
+236.79% |
| 2000-12-31 | Rp107.25 Billion ≈ $6.28 Million |
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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 853740452300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp8.54 Trillion | 73.25% |
| Common Stock | Rp1.65 Trillion | 14.16% |
| Other Comprehensive Income | Rp159.08 Billion | 1.36% |
| Other Components | Rp1.31 Trillion | 11.22% |
| Total Equity | Rp11.65 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 |
|---|---|
|
M1 Kliniken AG
XETRA:M12
|
$300.08 Million |
|
Hancom Inc
KQ:030520
|
$300.10 Million |
|
LIBERTY LAT.AMER.A DL-01
F:1LL
|
$300.16 Million |
|
Kardan Real Estate Enterprise and Development Ltd
TA:KARE
|
$300.50 Million |
|
Amplitude Surgical SAS
PA:AMPLI
|
$299.85 Million |
|
Colonial Coal International Corp
V:CAD
|
$299.82 Million |
|
Inmobiliaria del Sur SA
MC:ISUR
|
$299.61 Million |
|
Sanghvi Movers Limited
NSE:SANGHVIMOV
|
$299.52 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 2024 to 2025, total equity changed from 11,047,865,751,000 to 11,654,544,934,000, a change of 606,679,183,000 (5.5%).
- Net income of 766,550,288,000 contributed positively to equity growth.
- Dividend payments of 148,343,377,000 reduced retained earnings.
- Other comprehensive income increased equity by 16,876,630,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp766.55 Billion | +6.58% |
| Dividends Paid | Rp148.34 Billion | -1.27% |
| Other Comprehensive Income | Rp16.88 Billion | +0.14% |
| Other Changes | Rp-28.40 Billion | -0.24% |
| Total Change | Rp- | 5.49% |
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: 0.44x
- 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 4.06x to 0.44x 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 | Rp310.00 | x |
| 2006-12-31 | Rp80.97 | Rp310.00 | x |
| 2007-12-31 | Rp118.01 | Rp310.00 | x |
| 2008-12-31 | Rp118.13 | Rp310.00 | x |
| 2009-12-31 | Rp129.31 | Rp310.00 | x |
| 2010-12-31 | Rp154.33 | Rp310.00 | x |
| 2011-12-31 | Rp173.70 | Rp310.00 | x |
| 2012-12-31 | Rp253.88 | Rp310.00 | x |
| 2013-12-31 | Rp297.60 | Rp310.00 | x |
| 2014-12-31 | Rp369.20 | Rp310.00 | x |
| 2015-12-31 | Rp403.85 | Rp310.00 | x |
| 2016-12-31 | Rp419.31 | Rp310.00 | x |
| 2017-12-31 | Rp437.24 | Rp310.00 | x |
| 2018-12-31 | Rp463.68 | Rp310.00 | x |
| 2019-12-31 | Rp494.85 | Rp310.00 | x |
| 2020-12-31 | Rp459.81 | Rp310.00 | x |
| 2021-12-31 | Rp557.18 | Rp310.00 | x |
| 2022-12-31 | Rp557.13 | Rp310.00 | x |
| 2023-12-31 | Rp595.26 | Rp310.00 | x |
| 2024-12-31 | Rp669.22 | Rp310.00 | x |
| 2025-12-31 | Rp705.97 | Rp310.00 | 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): 6.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.74%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 3.29x
- Recent ROE (6.58%) is below the historical average (14.67%), 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 |
| 2025 | 6.58% | 8.74% | 0.23x | 3.29x | Rp-398.90 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: $2,982,914,972,543
- Average return on equity (ROE) among peers: 4.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Summarecon Agung Tbk (SMRA) | Rp16.00 Trillion | 18.44% | 1.40x | $299.87 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.46 Trillion | 4.27% | 1.57x | $66.41 Million |
| Makmur Berkah Amanda Pt (AMAN) | $766.24 Billion | 7.66% | 0.74x | $58.10 Million |
| Agung Podomoro Land Tbk (APLN) | $13.45 Trillion | 8.05% | 1.11x | $279.32 Million |
| Alam Sutera Realty Tbk (ASRI) | $1.76 Trillion | 3.34% | 0.73x | $153.13 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $92.50 Billion | 5.43% | 0.90x | $9.23 Million |
| Bhakti Agung Propertindo (BAPI) | $9.21 Billion | 1.53% | 28.97x | $9.50 Million |
| Bumi Citra Permai Tbk (BCIP) | $305.36 Billion | 16.14% | 1.58x | $5.53 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $-344.95 Billion | 0.00% | 0.00x | $1.91 Million |
| Sentul City Tbk (BKSL) | $10.25 Trillion | -5.43% | 0.79x | $2.22 Million |
| Bumi Serpong Damai Tbk (BSDE) | $1.08 Trillion | 0.00% | 1.83x | $943.59 Million |
About 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 property management segments. It develops and sells residential house, apartment, residential land plot and commercial shoplot; commercial development including education facilities, sports and recreation, places … Read more