Siantar Top Tbk (STTP) - Net Assets

Latest as of September 2025: Rp7.03 Trillion IDR ≈ $412.03 Million USD

Based on the latest financial reports, Siantar Top Tbk (STTP) has net assets worth Rp7.03 Trillion IDR (≈ $412.03 Million USD) 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 ≈ $450.18 Million USD) and total liabilities (Rp651.07 Billion ≈ $38.15 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 STTP asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Siantar Top Tbk total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see STTP stock market capitalisation.

Year	Net Assets	Change
2024-12-31	Rp6.15 Trillion ≈ $360.14 Million	+26.79%
2023-12-31	Rp4.85 Trillion ≈ $284.04 Million	+23.40%
2022-12-31	Rp3.93 Trillion ≈ $230.19 Million	+19.01%
2021-12-31	Rp3.30 Trillion ≈ $193.42 Million	+23.47%
2020-12-31	Rp2.67 Trillion ≈ $156.64 Million	+24.45%
2019-12-31	Rp2.15 Trillion ≈ $125.86 Million	+30.47%
2018-12-31	Rp1.65 Trillion ≈ $96.47 Million	+18.89%
2017-12-31	Rp1.38 Trillion ≈ $81.14 Million	+18.51%
2016-12-31	Rp1.17 Trillion ≈ $68.47 Million	+15.83%
2015-12-31	Rp1.01 Trillion ≈ $59.11 Million	+23.39%
2014-12-31	Rp817.59 Billion ≈ $47.91 Million	+17.79%
2013-12-31	Rp694.13 Billion ≈ $40.67 Million	+19.74%
2012-12-31	Rp579.69 Billion ≈ $33.97 Million	+18.29%
2011-12-31	Rp490.07 Billion ≈ $28.72 Million	+9.55%
2010-12-31	Rp447.34 Billion ≈ $26.21 Million	+10.59%
2009-12-31	Rp404.51 Billion ≈ $23.70 Million	+11.30%
2008-12-31	Rp363.44 Billion ≈ $21.30 Million	+1.34%
2007-12-31	Rp358.62 Billion ≈ $21.01 Million	+4.55%
2006-12-31	Rp343.03 Billion ≈ $20.10 Million	+4.39%
2005-12-31	Rp328.60 Billion ≈ $19.25 Million	+3.35%
2004-12-31	Rp317.96 Billion ≈ $18.63 Million	+5.81%
2003-12-31	Rp300.50 Billion ≈ $17.61 Million	+11.58%
2002-12-31	Rp269.32 Billion ≈ $15.78 Million	--

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
Elec-Tech International Co Ltd SHE:002005	$741.10 Million
Shandong Luyang Share Co Ltd SHE:002088	$741.10 Million
Citychamp Dartong Co Ltd SHG:600067	$741.27 Million
Greenfire Resources Ltd. NYSE:GFR	$741.28 Million
Hello Group Inc NASDAQ:MOMO	$740.60 Million
MBK Public Company Limited BK:MBK	$740.55 Million
Alok Industries Limited NSE:ALOKINDS	$740.48 Million
Golden Entertainment Inc NASDAQ:GDEN	$740.46 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: 2.07x
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 31.25x to 2.07x 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	Rp9650.00	x
2010-12-31	Rp341.33	Rp9650.00	x
2011-12-31	Rp373.91	Rp9650.00	x
2012-12-31	Rp430.88	Rp9650.00	x
2013-12-31	Rp518.26	Rp9650.00	x
2014-12-31	Rp612.53	Rp9650.00	x
2015-12-31	Rp751.06	Rp9650.00	x
2016-12-31	Rp882.47	Rp9650.00	x
2017-12-31	Rp1047.49	Rp9650.00	x
2018-12-31	Rp1244.71	Rp9650.00	x
2019-12-31	Rp1616.06	Rp9650.00	x
2020-12-31	Rp2016.95	Rp9650.00	x
2021-12-31	Rp2495.89	Rp9650.00	x
2022-12-31	Rp2974.86	Rp9650.00	x
2023-12-31	Rp3676.35	Rp9650.00	x
2024-12-31	Rp4669.93	Rp9650.00	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: $930,299,994,980
Average return on equity (ROE) among peers: 5.65%

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	$740.74 Million
FKS Food Sejahtera Tbk PT (AISA)	$-3.45 Trillion	0.00%	0.00x	$972.99K
Estika Tata Tiara Tbk PT (BEEF)	$106.45 Billion	14.14%	0.89x	$97.07 Million
Formosa Ingredient Factory PT Tbk (BOBA)	$135.08 Billion	12.93%	0.06x	$18.56 Million
Budi Starch & Sweetener Tbk (BUDI)	$1.32 Trillion	4.73%	1.24x	$55.27 Million
Eagle High Plantations Tbk (BWPT)	$3.49 Trillion	-31.78%	3.32x	$244.37 Million
Campina Ice Cream Industry Tbk PT (CAMP)	$503.03 Billion	14.68%	0.99x	$70.35 Million
Wilmar Cahaya Indonesia Tbk (CEKA)	$1.64 Trillion	9.35%	0.15x	$83.33 Million
Cisarua Mountain Dairy Tbk PT (CMRY)	$734.38 Billion	24.10%	0.48x	$1.97 Billion
Diamond Food Indonesia PT (DMND)	$4.66 Trillion	4.31%	0.22x	$357.85 Million
Morenzo Abadi Perkasa Tbk Pt (ENZO)	$167.30 Billion	4.00%	1.38x	$9.12 Million

About Siantar Top Tbk

JK:STTP Indonesia Packaged Foods

Market Cap

$740.74 Million

Rp12.64 Trillion IDR

Market Cap Rank

#10539 Global

#121 in Indonesia

Share Price

Rp9650.00

Change (1 day)

-4.46%

52-Week Range

Rp9450.00 - Rp11400.00

All Time High

Rp16425.00