Selamat Sempurna Tbk (SMSM) - Net Assets

Latest as of December 2025: Rp4.31 Trillion IDR ≈ $252.36 Million USD

Based on the latest financial reports, Selamat Sempurna Tbk (SMSM) has net assets worth Rp4.31 Trillion IDR (≈ $252.36 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 (Rp5.16 Trillion ≈ $302.54 Million USD) and total liabilities (Rp856.41 Billion ≈ $50.18 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 Selamat Sempurna Tbk asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp4.31 Trillion
% of Total Assets	83.41%
Annual Growth Rate	10.66%
5-Year Change	47.92%
10-Year Change	172.57%
Growth Volatility	7.43

Selamat Sempurna Tbk - Net Assets Trend (2000–2025)

This chart illustrates how Selamat Sempurna Tbk's net assets have evolved over time, based on quarterly financial data. Also explore Selamat Sempurna Tbk total assets for the complete picture of this company's asset base.

Annual Net Assets for Selamat Sempurna Tbk (2000–2025)

The table below shows the annual net assets of Selamat Sempurna Tbk from 2000 to 2025. For live valuation and market cap data, see SMSM stock market capitalisation.

Year	Net Assets	Change
2025-12-31	Rp4.31 Trillion ≈ $252.36 Million	+9.70%
2024-12-31	Rp3.93 Trillion ≈ $230.05 Million	+8.15%
2023-12-31	Rp3.63 Trillion ≈ $212.71 Million	+9.37%
2022-12-31	Rp3.32 Trillion ≈ $194.48 Million	+13.99%
2021-12-31	Rp2.91 Trillion ≈ $170.61 Million	+9.93%
2020-12-31	Rp2.65 Trillion ≈ $155.19 Million	+8.44%
2019-12-31	Rp2.44 Trillion ≈ $143.11 Million	+13.58%
2018-12-31	Rp2.15 Trillion ≈ $126.00 Million	+17.62%
2017-12-31	Rp1.83 Trillion ≈ $107.12 Million	+15.70%
2016-12-31	Rp1.58 Trillion ≈ $92.58 Million	+9.71%
2015-12-31	Rp1.44 Trillion ≈ $84.39 Million	+25.58%
2014-12-31	Rp1.15 Trillion ≈ $67.20 Million	+13.91%
2013-12-31	Rp1.01 Trillion ≈ $58.99 Million	+22.73%
2012-12-31	Rp820.33 Billion ≈ $48.07 Million	+22.33%
2011-12-31	Rp670.61 Billion ≈ $39.30 Million	+17.97%
2010-12-31	Rp568.48 Billion ≈ $33.31 Million	+4.62%
2009-12-31	Rp543.40 Billion ≈ $31.84 Million	-7.51%
2008-12-31	Rp587.54 Billion ≈ $34.43 Million	+14.42%
2007-12-31	Rp513.49 Billion ≈ $30.09 Million	+7.64%
2006-12-31	Rp477.04 Billion ≈ $27.95 Million	+9.44%
2005-12-31	Rp435.87 Billion ≈ $25.54 Million	+7.36%
2004-12-31	Rp405.97 Billion ≈ $23.79 Million	-3.34%
2003-12-31	Rp420.01 Billion ≈ $24.61 Million	+2.76%
2002-12-31	Rp408.74 Billion ≈ $23.95 Million	+4.98%
2001-12-31	Rp389.36 Billion ≈ $22.82 Million	+13.78%
2000-12-31	Rp342.21 Billion ≈ $20.05 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Selamat Sempurna 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 2334.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Rp3.51 Trillion	92.27%
Common Stock	Rp143.97 Billion	3.78%
Other Comprehensive Income	Rp96.97 Billion	2.55%
Other Components	Rp53.57 Billion	1.41%
Total Equity	Rp3.81 Trillion	100.00%

Selamat Sempurna Tbk Competitors by Market Cap

The table below lists competitors of Selamat Sempurna Tbk ranked by their market capitalization.

Company	Market Cap
Beijing Jingyeda Technology Co Ltd SHE:003005	$607.44 Million
Valor Estate Limited NSE:DBREALTY	$607.53 Million
Shanghai Yanhua Smartech Group SHE:002178	$607.55 Million
Markor International Home Furnishings Co Ltd SHG:600337	$607.70 Million
Zhejiang Hongchang Electrical Technology Co. Ltd. SHE:301008	$607.31 Million
Mitek Systems Inc NASDAQ:MITK	$607.24 Million
Shenzhen Sinovatio Technology Co Ltd Class A SHE:002912	$607.17 Million
Shinkong Textile Co Ltd TW:1419	$607.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Selamat Sempurna Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,472,538,000,000 to 3,808,380,000,000, a change of 335,842,000,000 (9.7%).
Net income of 1,124,703,000,000 contributed positively to equity growth.
Dividend payments of 806,215,000,000 reduced retained earnings.
Other comprehensive income increased equity by 43,497,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rp1.12 Trillion	+29.53%
Dividends Paid	Rp806.22 Billion	-21.17%
Other Comprehensive Income	Rp43.50 Billion	+1.14%
Other Changes	Rp-26.14 Billion	-0.69%
Total Change	Rp-	9.67%

Book Value vs Market Value Analysis

This analysis compares Selamat Sempurna 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: 2.72x
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 25.23x to 2.72x 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	Rp71.34	Rp1800.00	x
2006-12-31	Rp78.33	Rp1800.00	x
2007-12-31	Rp83.74	Rp1800.00	x
2008-12-31	Rp94.85	Rp1800.00	x
2009-12-31	Rp86.45	Rp1800.00	x
2010-12-31	Rp90.33	Rp1800.00	x
2011-12-31	Rp105.21	Rp1800.00	x
2012-12-31	Rp112.05	Rp1800.00	x
2013-12-31	Rp145.41	Rp1800.00	x
2014-12-31	Rp174.48	Rp1800.00	x
2015-12-31	Rp211.82	Rp1800.00	x
2016-12-31	Rp239.25	Rp1800.00	x
2017-12-31	Rp276.42	Rp1800.00	x
2018-12-31	Rp323.55	Rp1800.00	x
2019-12-31	Rp362.78	Rp1800.00	x
2020-12-31	Rp394.94	Rp1800.00	x
2021-12-31	Rp437.74	Rp1800.00	x
2022-12-31	Rp502.96	Rp1800.00	x
2023-12-31	Rp558.38	Rp1800.00	x
2024-12-31	Rp603.01	Rp1800.00	x
2025-12-31	Rp661.33	Rp1800.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Selamat Sempurna 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): 29.53%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 21.07%
• Asset Turnover: 1.03x
• Equity Multiplier: 1.36x
Recent ROE (29.53%) is above the historical average (26.03%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	20.27%	11.74%	0.95x	1.82x	Rp29.91 Billion
2001	16.50%	9.67%	1.00x	1.71x	Rp21.53 Billion
2002	11.55%	6.67%	1.03x	1.68x	Rp5.41 Billion
2003	13.40%	7.51%	1.01x	1.77x	Rp12.17 Billion
2004	16.72%	7.85%	1.12x	1.90x	Rp23.06 Billion
2005	17.38%	8.29%	1.30x	1.61x	Rp30.32 Billion
2006	16.18%	8.28%	1.23x	1.59x	Rp27.86 Billion
2007	18.37%	8.32%	1.28x	1.72x	Rp40.34 Billion
2008	18.58%	7.50%	1.46x	1.70x	Rp46.88 Billion
2009	28.72%	10.40%	1.46x	1.89x	Rp93.17 Billion
2010	28.92%	9.63%	1.46x	2.05x	Rp98.40 Billion
2011	36.19%	12.13%	1.59x	1.88x	Rp158.67 Billion
2012	36.14%	10.78%	1.50x	2.23x	Rp168.69 Billion
2013	36.76%	12.97%	1.39x	2.03x	Rp224.13 Billion
2014	38.82%	14.82%	1.51x	1.74x	Rp289.62 Billion
2015	35.06%	15.26%	1.26x	1.82x	Rp305.65 Billion
2016	32.87%	15.73%	1.28x	1.64x	Rp315.11 Billion
2017	31.37%	14.95%	1.37x	1.53x	Rp340.25 Billion
2018	29.89%	14.16%	1.40x	1.50x	Rp370.58 Billion
2019	27.64%	14.67%	1.27x	1.49x	Rp368.61 Billion
2020	21.45%	15.08%	0.96x	1.48x	Rp260.31 Billion
2021	26.26%	15.90%	1.08x	1.53x	Rp409.96 Billion
2022	29.29%	17.33%	1.12x	1.51x	Rp558.67 Billion
2023	29.36%	18.51%	1.11x	1.42x	Rp622.63 Billion
2024	29.49%	19.83%	1.04x	1.43x	Rp676.93 Billion
2025	29.53%	21.07%	1.03x	1.36x	Rp743.87 Billion

Industry Comparison

This section compares Selamat Sempurna Tbk's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $748,632,040,209
Average return on equity (ROE) among peers: 42.48%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Selamat Sempurna Tbk (SMSM)	Rp4.31 Trillion	20.27%	0.20x	$607.38 Million
Astra Otoparts Tbk (AUTO)	$1.57 Trillion	14.23%	0.55x	$725.81 Million
Dharma Polimetal Tbk PT (DRMA)	$532.20 Billion	1.49%	2.04x	$270.23 Million
Goodyear Indonesia Tbk (GDYR)	$57.87 Million	8.01%	0.92x	$26.67 Million
Gajah Tunggal Tbk (GJTL)	$230.54 Billion	315.32%	52.97x	$243.99 Million
Indospring Tbk (INDS)	$2.07 Trillion	2.41%	0.20x	$169.20 Million
Kirana Megatara Tbk PT (KMTR)	$1.96 Trillion	-1.52%	1.45x	$123.24 Million
Multi Prima Sejahtera Tbk (LPIN)	$355.13 Billion	9.30%	0.07x	$11.36 Million
Multistrada Arah Sarana Tbk (MASA)	$278.14 Million	18.08%	0.93x	$3.34 Billion
Prima Alloy Steel Universal (PRAS)	$26.34 Billion	15.03%	13.65x	$3.98 Million

About Selamat Sempurna Tbk

JK:SMSM Indonesia Auto Parts

Market Cap

$607.38 Million

Rp10.37 Trillion IDR

Market Cap Rank

#11537 Global

#140 in Indonesia

Share Price

Rp1800.00

Change (1 day)

-3.49%

52-Week Range

Rp1655.00 - Rp2020.00

All Time High

Rp2262.03