Siantar Top Tbk
PT Siantar Top Tbk, together with its subsidiaries, manufactures and sells snacks in Indonesia. The company operates through Food Processing and Others segments. It offers rice, candies, coffee, crackers, instant and snack noodles, pellets, vermicelli, biscuits, and wafers, as well as flour and seasoning products. The company provides its products under the Twistko, Tic Tic, Spix, Go Potato, Go!,… Read more
Siantar Top Tbk (STTP) - Net Assets
Latest net assets as of September 2025: Rp7.03 Trillion IDR
Based on the latest financial reports, Siantar Top Tbk (STTP) has net assets worth Rp7.03 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 (Rp7.68 Trillion) and total liabilities (Rp651.07 Billion). 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 | Rp7.03 Trillion |
| % of Total Assets | 91.53% |
| Annual Growth Rate | 15.28% |
| 5-Year Change | 129.91% |
| 10-Year Change | 509.24% |
| Growth Volatility | 8.15 |
Siantar Top Tbk - Net Assets Trend (2002–2024)
This chart illustrates how Siantar Top 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 Siantar Top Tbk (2002–2024)
The table below shows the annual net assets of Siantar Top Tbk from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp6.15 Trillion | +26.79% |
| 2023-12-31 | Rp4.85 Trillion | +23.40% |
| 2022-12-31 | Rp3.93 Trillion | +19.01% |
| 2021-12-31 | Rp3.30 Trillion | +23.47% |
| 2020-12-31 | Rp2.67 Trillion | +24.45% |
| 2019-12-31 | Rp2.15 Trillion | +30.47% |
| 2018-12-31 | Rp1.65 Trillion | +18.89% |
| 2017-12-31 | Rp1.38 Trillion | +18.51% |
| 2016-12-31 | Rp1.17 Trillion | +15.83% |
| 2015-12-31 | Rp1.01 Trillion | +23.39% |
| 2014-12-31 | Rp817.59 Billion | +17.79% |
| 2013-12-31 | Rp694.13 Billion | +19.74% |
| 2012-12-31 | Rp579.69 Billion | +18.29% |
| 2011-12-31 | Rp490.07 Billion | +9.55% |
| 2010-12-31 | Rp447.34 Billion | +10.59% |
| 2009-12-31 | Rp404.51 Billion | +11.30% |
| 2008-12-31 | Rp363.44 Billion | +1.34% |
| 2007-12-31 | Rp358.62 Billion | +4.55% |
| 2006-12-31 | Rp343.03 Billion | +4.39% |
| 2005-12-31 | Rp328.60 Billion | +3.35% |
| 2004-12-31 | Rp317.96 Billion | +5.81% |
| 2003-12-31 | Rp300.50 Billion | +11.58% |
| 2002-12-31 | Rp269.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Siantar Top 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 4177.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp5.83 Trillion | 95.36% |
| Common Stock | Rp131.00 Billion | 2.14% |
| Other Comprehensive Income | Rp151.53 Billion | 2.48% |
| Other Components | Rp1.35 Billion | 0.02% |
| Total Equity | Rp6.12 Trillion | 100.00% |
Siantar Top Tbk Competitors by Market Cap
The table below lists competitors of Siantar Top Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nano X Imaging Ltd
NASDAQ:NNOX
|
$168.91 Million |
|
Kingsway Financial Services Inc
NYSE:KFS
|
$168.96 Million |
|
Bredband2 i Skandinavien AB
ST:BRE2
|
$168.96 Million |
|
WHA Industrial Leasehold REIT
BK:WHAIR
|
$168.99 Million |
|
Kowloon Development Company Limited
F:KOX
|
$168.75 Million |
|
AVITA MEDICAL DL-0001
F:51KA
|
$168.74 Million |
|
Ocean Plastics Co Ltd
TW:1321
|
$168.69 Million |
|
SD Biosensor Inc
KO:137310
|
$168.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Siantar Top Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,816,022,199,000 to 6,117,609,561,000, a change of 1,301,587,362,000 (27.0%).
- Net income of 1,314,328,080,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 8,412,051,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp1.31 Trillion | +21.48% |
| Other Comprehensive Income | Rp-8.41 Billion | -0.14% |
| Other Changes | Rp-4.33 Billion | -0.07% |
| Total Change | Rp- | 27.03% |
Book Value vs Market Value Analysis
This analysis compares Siantar Top 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: 2.14x
- 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 32.30x to 2.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Rp308.79 | Rp9975.00 | x |
| 2010-12-31 | Rp341.33 | Rp9975.00 | x |
| 2011-12-31 | Rp373.91 | Rp9975.00 | x |
| 2012-12-31 | Rp430.88 | Rp9975.00 | x |
| 2013-12-31 | Rp518.26 | Rp9975.00 | x |
| 2014-12-31 | Rp612.53 | Rp9975.00 | x |
| 2015-12-31 | Rp751.06 | Rp9975.00 | x |
| 2016-12-31 | Rp882.47 | Rp9975.00 | x |
| 2017-12-31 | Rp1047.49 | Rp9975.00 | x |
| 2018-12-31 | Rp1244.71 | Rp9975.00 | x |
| 2019-12-31 | Rp1616.06 | Rp9975.00 | x |
| 2020-12-31 | Rp2016.95 | Rp9975.00 | x |
| 2021-12-31 | Rp2495.89 | Rp9975.00 | x |
| 2022-12-31 | Rp2974.86 | Rp9975.00 | x |
| 2023-12-31 | Rp3676.35 | Rp9975.00 | x |
| 2024-12-31 | Rp4669.93 | Rp9975.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Siantar Top 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): 21.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.50%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.11x
- Recent ROE (21.48%) is above the historical average (13.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.24% | 4.82% | 1.33x | 1.75x | Rp3.33 Billion |
| 2003 | 10.38% | 4.45% | 1.39x | 1.68x | Rp1.13 Billion |
| 2004 | 8.99% | 4.01% | 1.52x | 1.48x | Rp-3.20 Billion |
| 2005 | 3.24% | 1.66% | 1.34x | 1.45x | Rp-22.22 Billion |
| 2006 | 4.21% | 2.60% | 1.19x | 1.36x | Rp-19.88 Billion |
| 2007 | 4.35% | 2.60% | 1.16x | 1.44x | Rp-20.27 Billion |
| 2008 | 1.33% | 0.77% | 1.00x | 1.72x | Rp-31.53 Billion |
| 2009 | 10.15% | 6.55% | 1.14x | 1.36x | Rp621.44 Million |
| 2010 | 9.53% | 5.59% | 1.17x | 1.45x | Rp-2.08 Billion |
| 2011 | 8.71% | 4.15% | 1.10x | 1.91x | Rp-6.31 Billion |
| 2012 | 13.22% | 5.81% | 1.03x | 2.21x | Rp18.20 Billion |
| 2013 | 16.86% | 6.75% | 1.15x | 2.17x | Rp46.57 Billion |
| 2014 | 15.39% | 5.69% | 1.28x | 2.12x | Rp43.26 Billion |
| 2015 | 18.88% | 7.30% | 1.33x | 1.95x | Rp87.35 Billion |
| 2016 | 15.09% | 6.64% | 1.13x | 2.02x | Rp58.87 Billion |
| 2017 | 15.77% | 7.66% | 1.21x | 1.71x | Rp79.14 Billion |
| 2018 | 15.65% | 9.03% | 1.07x | 1.61x | Rp92.14 Billion |
| 2019 | 22.80% | 13.74% | 1.22x | 1.36x | Rp270.92 Billion |
| 2020 | 23.79% | 16.34% | 1.12x | 1.31x | Rp364.34 Billion |
| 2021 | 18.89% | 14.56% | 1.08x | 1.20x | Rp290.54 Billion |
| 2022 | 16.02% | 12.66% | 1.07x | 1.18x | Rp234.77 Billion |
| 2023 | 19.05% | 19.25% | 0.87x | 1.14x | Rp436.09 Billion |
| 2024 | 21.48% | 26.50% | 0.73x | 1.11x | Rp702.57 Billion |
Industry Comparison
This section compares Siantar Top Tbk's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $631,799,965,479
- Average return on equity (ROE) among peers: 6.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Siantar Top Tbk (STTP) | Rp7.03 Trillion | 11.24% | 0.09x | $168.90 Million |
| FKS Food Sejahtera Tbk PT (AISA) | $95.16 Billion | 0.04% | 2.76x | $17.28 Million |
| Estika Tata Tiara Tbk PT (BEEF) | $-266.29 Billion | 0.00% | 0.00x | $24.58 Million |
| Formosa Ingredient Factory PT Tbk (BOBA) | $151.05 Billion | 9.90% | 0.16x | $1.26 Million |
| PT Raja Roti Cemerlang Tbk (BRRC) | $20.11 Billion | 5.85% | 1.84x | $2.01 Million |
| Budi Starch & Sweetener Tbk (BUDI) | $267.46 Billion | 7.73% | 2.48x | $23.27 Million |
| Eagle High Plantations Tbk (BWPT) | $164.27 Billion | 0.56% | 1.05x | $52.97 Million |
| Campina Ice Cream Industry Tbk PT (CAMP) | $935.39 Billion | 8.21% | 0.13x | $5.76 Million |
| Citra Borneo Utama (CBUT) | $-209.50 Billion | 0.00% | 0.00x | $47.87 Million |
| Wilmar Cahaya Indonesia Tbk (CEKA) | $463.40 Billion | 12.59% | 1.22x | $10.68 Million |
| Cisarua Mountain Dairy Tbk PT (CMRY) | $4.70 Trillion | 16.82% | 0.19x | $428.70 Million |