Sawit Sumbermas Sarana Tbk
PT Sawit Sumbermas Sarana Tbk., together with its subsidiaries, produces and sells crude palm oil, its derivatives, fresh fruit bunches, palm kernel oil, and palm kernel in Indonesia and internationally. The company operates palm oil estates, palm oil plantations, palm oil mills, and a biogas plant. It also offers consulting, trading, industrial estate, and other business support services. The co… Read more
Sawit Sumbermas Sarana Tbk (SSMS) - Net Assets
Latest net assets as of September 2025: Rp3.51 Trillion IDR
Based on the latest financial reports, Sawit Sumbermas Sarana Tbk (SSMS) has net assets worth Rp3.51 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 (Rp11.18 Trillion) and total liabilities (Rp7.67 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 | Rp3.51 Trillion |
| % of Total Assets | 31.37% |
| Annual Growth Rate | 28.27% |
| 5-Year Change | -40.64% |
| 10-Year Change | -4.7% |
| Growth Volatility | 122.66 |
Sawit Sumbermas Sarana Tbk - Net Assets Trend (2009–2024)
This chart illustrates how Sawit Sumbermas Sarana 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 Sawit Sumbermas Sarana Tbk (2009–2024)
The table below shows the annual net assets of Sawit Sumbermas Sarana Tbk from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.89 Trillion | +45.30% |
| 2023-12-31 | Rp1.99 Trillion | -69.12% |
| 2022-12-31 | Rp6.44 Trillion | +5.51% |
| 2021-12-31 | Rp6.11 Trillion | +25.39% |
| 2020-12-31 | Rp4.87 Trillion | +19.72% |
| 2019-12-31 | Rp4.07 Trillion | -0.02% |
| 2018-12-31 | Rp4.07 Trillion | +0.40% |
| 2017-12-31 | Rp4.05 Trillion | +17.35% |
| 2016-12-31 | Rp3.45 Trillion | +13.83% |
| 2015-12-31 | Rp3.03 Trillion | +0.98% |
| 2014-12-31 | Rp3.00 Trillion | +29.72% |
| 2013-12-31 | Rp2.32 Trillion | +397.01% |
| 2012-12-31 | Rp466.04 Billion | -10.11% |
| 2011-12-31 | Rp518.45 Billion | +77.80% |
| 2010-12-31 | Rp291.59 Billion | +322.18% |
| 2009-12-31 | Rp69.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sawit Sumbermas Sarana 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 228064831200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.28 Trillion | 86.77% |
| Common Stock | Rp952.50 Billion | 36.24% |
| Other Comprehensive Income | Rp2.25 Trillion | 85.50% |
| Total Equity | Rp2.63 Trillion | 100.00% |
Sawit Sumbermas Sarana Tbk Competitors by Market Cap
The table below lists competitors of Sawit Sumbermas Sarana Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Electreon Wireless Ltd
PINK:ELWSF
|
$175.80 Million |
|
Jahen Household Products Co. Ltd.
SHE:300955
|
$175.86 Million |
|
Rex Minerals Limited
PINK:RXRLF
|
$175.89 Million |
|
Barnes & Noble Education Inc
NYSE:BNED
|
$175.91 Million |
|
KYOSAN EL. MFG
F:7B4
|
$175.77 Million |
|
TVS Supply Chain Solutions Limited
NSE:TVSSCS
|
$175.73 Million |
|
Caina Technology Co. Ltd.
SHE:301122
|
$175.66 Million |
|
Gersan Elektrik Ticaret ve Sanayi AS
IS:GEREL
|
$175.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sawit Sumbermas Sarana Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,750,607,310,000 to 2,628,478,572,000, a change of 877,871,262,000 (50.1%).
- Net income of 819,533,675,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 576,651,651,000.
- Other factors decreased equity by 518,314,064,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp819.53 Billion | +31.18% |
| Other Comprehensive Income | Rp576.65 Billion | +21.94% |
| Other Changes | Rp-518.31 Billion | -19.72% |
| Total Change | Rp- | 50.15% |
Book Value vs Market Value Analysis
This analysis compares Sawit Sumbermas Sarana 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: 4.78x
- 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 decreased from 43.66x to 4.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | Rp30.23 | Rp1320.00 | x |
| 2011-12-31 | Rp49.60 | Rp1320.00 | x |
| 2012-12-31 | Rp45.70 | Rp1320.00 | x |
| 2013-12-31 | Rp360.31 | Rp1320.00 | x |
| 2014-12-31 | Rp308.90 | Rp1320.00 | x |
| 2015-12-31 | Rp318.54 | Rp1320.00 | x |
| 2016-12-31 | Rp362.60 | Rp1320.00 | x |
| 2017-12-31 | Rp423.66 | Rp1320.00 | x |
| 2018-12-31 | Rp425.26 | Rp1320.00 | x |
| 2019-12-31 | Rp425.15 | Rp1320.00 | x |
| 2020-12-31 | Rp508.93 | Rp1320.00 | x |
| 2021-12-31 | Rp637.79 | Rp1320.00 | x |
| 2022-12-31 | Rp672.52 | Rp1320.00 | x |
| 2023-12-31 | Rp183.79 | Rp1320.00 | x |
| 2024-12-31 | Rp275.96 | Rp1320.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sawit Sumbermas Sarana 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): 31.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.79%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 4.48x
- Recent ROE (31.18%) is below the historical average (32.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 76.23% | 23.94% | 0.60x | 5.30x | Rp190.71 Billion |
| 2011 | 70.91% | 24.28% | 0.58x | 5.02x | Rp287.73 Billion |
| 2012 | 108.89% | 25.21% | 0.89x | 4.86x | Rp430.45 Billion |
| 2013 | 25.38% | 29.39% | 0.53x | 1.63x | Rp349.56 Billion |
| 2014 | 24.44% | 32.98% | 0.54x | 1.37x | Rp424.87 Billion |
| 2015 | 18.49% | 23.65% | 0.34x | 2.30x | Rp257.51 Billion |
| 2016 | 17.13% | 21.73% | 0.38x | 2.07x | Rp246.28 Billion |
| 2017 | 19.50% | 24.29% | 0.34x | 2.38x | Rp383.55 Billion |
| 2018 | 2.13% | 2.32% | 0.33x | 2.79x | Rp-318.86 Billion |
| 2019 | 0.29% | 0.36% | 0.28x | 2.93x | Rp-393.28 Billion |
| 2020 | 11.90% | 14.38% | 0.31x | 2.64x | Rp91.88 Billion |
| 2021 | 24.95% | 29.13% | 0.38x | 2.28x | Rp908.02 Billion |
| 2022 | 28.68% | 16.35% | 0.80x | 2.18x | Rp1.20 Trillion |
| 2023 | 29.26% | 4.79% | 0.91x | 6.75x | Rp337.19 Billion |
| 2024 | 31.18% | 7.79% | 0.89x | 4.48x | Rp556.69 Billion |
Industry Comparison
This section compares Sawit Sumbermas Sarana Tbk's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,205,385,688,408
- Average return on equity (ROE) among peers: 4.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sawit Sumbermas Sarana Tbk (SSMS) | Rp3.51 Trillion | 76.23% | 2.19x | $175.79 Million |
| Astra Agro Lestari Tbk (AALI) | $1.56 Trillion | 17.96% | 0.82x | $174.24 Million |
| Asia Sejahtera Mina Tbk (AGAR) | $106.97 Billion | 0.02% | 0.84x | $3.78 Million |
| PT Agung Menjangan Mas Tbk (AMMS) | $46.13 Billion | 1.47% | 0.02x | $5.42 Million |
| Andira Agro Tbk PT (ANDI) | $259.17 Billion | 4.82% | 0.88x | $5.66 Million |
| Austindo Nusantara Jaya Tbk (ANJT) | $433.28 Million | 8.54% | 0.51x | $1.16 Million |
| PT Cilacap Samudera Fishing Industry Tbk (ASHA) | $30.47 Billion | 2.11% | 0.81x | $9.07 Million |
| PT Janu Putra Sejahtera Tbk (AYAM) | $17.78 Billion | 10.86% | 11.23x | $15.47 Million |
| Bumi Teknokultura Unggul Tbk (BTEK) | $1.11 Trillion | -10.30% | 2.66x | $26.58 Million |
| Charoen Pokphand Indonesia TBK PT (CPIN) | $15.70 Trillion | 15.91% | 0.56x | $1.65 Billion |
| Central Proteina Prima Tbk (CPRO) | $3.22 Trillion | -6.74% | 1.70x | $45.45 Million |