Wilton Makmur Indonesia Tbk (SQMI) - Net Assets
Based on the latest financial reports, Wilton Makmur Indonesia Tbk (SQMI) has net assets worth Rp110.69 Billion IDR (≈ $6.49 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 (Rp513.15 Billion ≈ $30.07 Million USD) and total liabilities (Rp402.45 Billion ≈ $23.58 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 SQMI intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp110.69 Billion |
| % of Total Assets | 21.57% |
| Annual Growth Rate | 2.3% |
| 5-Year Change | -42.36% |
| 10-Year Change | N/A |
| Growth Volatility | 13231.57 |
Wilton Makmur Indonesia Tbk - Net Assets Trend (2006–2026)
This chart illustrates how Wilton Makmur Indonesia Tbk's net assets have evolved over time, based on quarterly financial data. See Wilton Makmur Indonesia Tbk (SQMI) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Wilton Makmur Indonesia Tbk (2006–2026)
The table below shows the annual net assets of Wilton Makmur Indonesia Tbk from 2006 to 2026. For live valuation and market cap data, see how much is Wilton Makmur Indonesia Tbk worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rp110.69 Billion ≈ $6.49 Million |
+230.81% |
| 2025-03-31 | Rp33.46 Billion ≈ $1.96 Million |
-68.06% |
| 2024-03-31 | Rp104.76 Billion ≈ $6.14 Million |
-34.76% |
| 2023-03-31 | Rp160.59 Billion ≈ $9.41 Million |
-16.38% |
| 2022-03-31 | Rp192.05 Billion ≈ $11.25 Million |
+205.80% |
| 2021-03-31 | Rp-181.53 Billion ≈ $-10.64 Million |
-21.40% |
| 2020-03-31 | Rp-149.53 Billion ≈ $-8.76 Million |
-30.01% |
| 2019-03-31 | Rp-115.01 Billion ≈ $-6.74 Million |
-393.91% |
| 2018-03-31 | Rp-23.29 Billion ≈ $-1.36 Million |
-23.26% |
| 2017-03-31 | Rp-18.89 Billion ≈ $-1.11 Million |
+27.74% |
| 2016-03-31 | Rp-26.14 Billion ≈ $-1.53 Million |
-836.18% |
| 2015-03-31 | Rp-2.79 Billion ≈ $-163.63K |
+49.05% |
| 2014-03-31 | Rp-5.48 Billion ≈ $-321.16K |
-47880.10% |
| 2013-03-31 | Rp11.47 Million ≈ $672.16 |
-99.93% |
| 2012-03-31 | Rp16.23 Billion ≈ $950.95K |
-17.07% |
| 2011-03-31 | Rp19.57 Billion ≈ $1.15 Million |
+52.69% |
| 2010-03-31 | Rp12.82 Billion ≈ $750.95K |
-17.87% |
| 2009-03-31 | Rp15.60 Billion ≈ $914.37K |
-43.51% |
| 2008-03-31 | Rp27.62 Billion ≈ $1.62 Million |
-55.72% |
| 2007-03-31 | Rp62.39 Billion ≈ $3.66 Million |
-11.24% |
| 2006-03-31 | Rp70.29 Billion ≈ $4.12 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wilton Makmur Indonesia 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 decreased by 54145105962500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Rp659.49 Billion | 558.72% |
| Total Equity | Rp118.03 Billion | 100.00% |
Wilton Makmur Indonesia Tbk Competitors by Market Cap
The table below lists competitors of Wilton Makmur Indonesia Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dividend Select 15 Corp
TO:DS
|
$38.24 Million |
|
Seowon
KO:021050
|
$38.25 Million |
|
OCA Acquisition Corp
NASDAQ:OCAX
|
$38.26 Million |
|
Enegex Ltd
AU:ENX
|
$38.27 Million |
|
Total Soft Bank Ltd
KQ:045340
|
$38.23 Million |
|
Touax SCA
PA:TOUP
|
$38.23 Million |
|
KRONA PUBLIC REAL ESTATE
F:927
|
$38.22 Million |
|
Aspocomp Group Oyj
HE:ACG1V
|
$38.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wilton Makmur Indonesia Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 33,460,998,610 to 118,034,434,575, a change of 84,573,435,965 (252.8%).
- Net loss of 27,422,814,037 reduced equity.
- Other factors increased equity by 111,996,250,002.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-27.42 Billion | -23.23% |
| Other Changes | Rp112.00 Billion | +94.88% |
| Total Change | Rp- | 252.75% |
Book Value vs Market Value Analysis
This analysis compares Wilton Makmur Indonesia 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: 5.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.40x to 5.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | Rp29.91 | Rp42.00 | x |
| 2011-03-31 | Rp45.68 | Rp42.00 | x |
| 2012-03-31 | Rp37.88 | Rp42.00 | x |
| 2013-03-31 | Rp0.03 | Rp42.00 | x |
| 2014-03-31 | Rp-12.79 | Rp42.00 | x |
| 2015-03-31 | Rp-6.46 | Rp42.00 | x |
| 2016-03-31 | Rp-60.73 | Rp42.00 | x |
| 2017-03-31 | Rp-43.99 | Rp42.00 | x |
| 2018-03-31 | Rp-54.36 | Rp42.00 | x |
| 2019-03-31 | Rp-7.43 | Rp42.00 | x |
| 2020-03-31 | Rp-9.66 | Rp42.00 | x |
| 2021-03-31 | Rp-11.44 | Rp42.00 | x |
| 2022-03-31 | Rp12.62 | Rp42.00 | x |
| 2023-03-31 | Rp10.62 | Rp42.00 | x |
| 2024-03-31 | Rp7.10 | Rp42.00 | x |
| 2025-03-31 | Rp2.15 | Rp42.00 | x |
| 2026-03-31 | Rp7.60 | Rp42.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wilton Makmur Indonesia 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): -23.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1602.01%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.35x
- Recent ROE (-23.23%) is above the historical average (-8273.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -21.76% | -104.63% | 0.10x | 2.07x | Rp-4.07 Billion |
| 2011 | 34.51% | 16.54% | 1.85x | 1.13x | Rp4.80 Billion |
| 2012 | -26.15% | -1.46% | 2.05x | 8.70x | Rp-5.87 Billion |
| 2013 | -140304.84% | -12.51% | 0.89x | 12566.62x | Rp-17.01 Billion |
| 2014 | 0.00% | -2.10% | 1.59x | 0.00x | Rp-4.96 Billion |
| 2015 | 0.00% | 1.18% | 0.97x | 0.00x | Rp2.62 Billion |
| 2016 | 0.00% | -24.01% | 0.67x | 0.00x | Rp-20.66 Billion |
| 2017 | 0.00% | 14.76% | 9.15x | 0.00x | Rp10.50 Billion |
| 2018 | 0.00% | -116.06% | 1.56x | 0.00x | Rp-1.61 Billion |
| 2019 | 0.00% | -2025.44% | 0.03x | 0.00x | Rp-161.88 Billion |
| 2020 | 0.00% | -787.47% | 0.02x | 0.00x | Rp-31.07 Billion |
| 2021 | 0.00% | -639.64% | 0.01x | 0.00x | Rp-15.34 Billion |
| 2022 | -9.51% | -386.22% | 0.01x | 2.27x | Rp-38.26 Billion |
| 2023 | -18.98% | -580.77% | 0.01x | 2.88x | Rp-47.84 Billion |
| 2024 | -49.79% | -1376.39% | 0.01x | 4.62x | Rp-65.94 Billion |
| 2025 | -230.50% | -5752.10% | 0.00x | 16.05x | Rp-80.47 Billion |
| 2026 | -23.23% | -1602.01% | 0.00x | 4.35x | Rp-39.23 Billion |
Industry Comparison
This section compares Wilton Makmur Indonesia Tbk's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $2,716,499,216,519
- Average return on equity (ROE) among peers: 25.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wilton Makmur Indonesia Tbk (SQMI) | Rp110.69 Billion | -21.76% | 3.64x | $38.24 Million |
| Aneka Tambang Persero Tbk (ANTM) | $8.15 Trillion | 6.86% | 0.21x | $4.46 Billion |
| Archi Indonesia Tbk PT (ARCI) | $155.67 Million | 66.83% | 3.08x | $1.64 Billion |
| J Resources Asia Pasifik Tbk (PSAB) | $402.48 Million | 2.34% | 1.15x | $694.60 Million |
About Wilton Makmur Indonesia Tbk
PT Wilton Makmur indonesia Tbk., together with its subsidiaries, engages in the exploration, production, and mining of gold in Indonesia. It holds interest in the Ciemas Gold Project located in Sukabumi Regency, West Java Province, Indonesia. The company was formerly known as PT Renuka Coalindo Tbk and changed its name to PT Wilton Makmur indonesia Tbk. in October 2019. The company was founded in… Read more