PT Saraswanti Indoland Develop
PT Saraswanti Indoland Development Tbk develops and sells real estate properties in Indonesia. It operates through Property and Hospitality segments. The company is also involved in the construction, trading, warehousing, accommodation, real estate, and rental activities. In addition, it operates The Alana Yogyakarta hotel and Mataram City International Convention Center, Innside by Melia Yogyaka… Read more
PT Saraswanti Indoland Develop (SWID) - Net Assets
Latest net assets as of September 2025: Rp263.25 Billion IDR
Based on the latest financial reports, PT Saraswanti Indoland Develop (SWID) has net assets worth Rp263.25 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp471.30 Billion) and total liabilities (Rp208.05 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 | Rp263.25 Billion |
| % of Total Assets | 55.86% |
| Annual Growth Rate | 33.27% |
| 5-Year Change | 136.39% |
| 10-Year Change | N/A |
| Growth Volatility | 31.67 |
PT Saraswanti Indoland Develop - Net Assets Trend (2019–2024)
This chart illustrates how PT Saraswanti Indoland Develop's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PT Saraswanti Indoland Develop (2019–2024)
The table below shows the annual net assets of PT Saraswanti Indoland Develop from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp239.27 Billion | +5.68% |
| 2023-12-31 | Rp226.40 Billion | +7.19% |
| 2022-12-31 | Rp211.21 Billion | +71.98% |
| 2021-12-31 | Rp122.81 Billion | +21.33% |
| 2020-12-31 | Rp101.22 Billion | +77.93% |
| 2019-12-31 | Rp56.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Saraswanti Indoland Develop'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 31.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp46.99 Billion | 19.64% |
| Common Stock | Rp107.70 Billion | 45.01% |
| Other Comprehensive Income | Rp9.22 Billion | 3.85% |
| Other Components | Rp75.36 Billion | 31.50% |
| Total Equity | Rp239.27 Billion | 100.00% |
PT Saraswanti Indoland Develop Competitors by Market Cap
The table below lists competitors of PT Saraswanti Indoland Develop ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gujarat Apollo Industries Limited
NSE:GUJAPOLLO
|
$6.59 Million |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
$6.59 Million |
|
Golden Cariboo Resources Ltd
OTCQB:GCCFF
|
$6.59 Million |
|
Multipolar Tbk
JK:MLPL
|
$6.59 Million |
|
XEROS TECHNO.GRP LS-001
F:2X40
|
$6.58 Million |
|
K-Tig Ltd
AU:KTG
|
$6.58 Million |
|
Cyviz AS
OL:CYVIZ
|
$6.58 Million |
|
cbdMD Inc
NYSE MKT:YCBD
|
$6.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Saraswanti Indoland Develop's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 226,400,851,000 to 239,266,467,000, a change of 12,865,616,000 (5.7%).
- Net income of 18,629,602,000 contributed positively to equity growth.
- Dividend payments of 5,888,961,000 reduced retained earnings.
- Share repurchases of 2,500,000 reduced equity.
- Other comprehensive income increased equity by 9,422,476,000.
- Other factors decreased equity by 9,295,001,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp18.63 Billion | +7.79% |
| Dividends Paid | Rp5.89 Billion | -2.46% |
| Share Repurchases | Rp2.50 Million | -0.0% |
| Other Comprehensive Income | Rp9.42 Billion | +3.94% |
| Other Changes | Rp-9.30 Billion | -3.88% |
| Total Change | Rp- | 5.68% |
Book Value vs Market Value Analysis
This analysis compares PT Saraswanti Indoland Develop'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: 2.18x
- 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 9.18x to 2.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rp10.56 | Rp97.00 | x |
| 2020-12-31 | Rp18.80 | Rp97.00 | x |
| 2021-12-31 | Rp22.81 | Rp97.00 | x |
| 2022-12-31 | Rp39.22 | Rp97.00 | x |
| 2023-12-31 | Rp42.04 | Rp97.00 | x |
| 2024-12-31 | Rp44.43 | Rp97.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Saraswanti Indoland Develop 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): 7.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.77%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.00x
- Recent ROE (7.79%) is below the historical average (16.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 9.99% | 5.38% | 0.35x | 5.33x | Rp-5.03 Million |
| 2020 | 43.75% | 28.92% | 0.54x | 2.81x | Rp34.16 Billion |
| 2021 | 16.64% | 16.06% | 0.48x | 2.17x | Rp8.16 Billion |
| 2022 | 10.83% | 16.88% | 0.43x | 1.50x | Rp1.75 Billion |
| 2023 | 9.36% | 14.86% | 0.39x | 1.60x | Rp-1.46 Billion |
| 2024 | 7.79% | 13.77% | 0.28x | 2.00x | Rp-5.30 Billion |
Industry Comparison
This section compares PT Saraswanti Indoland Develop's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,998,725,518,942
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Saraswanti Indoland Develop (SWID) | Rp263.25 Billion | 9.99% | 0.79x | $6.59 Million |
| Adhi Commuter Properti Tbk PT (ADCP) | $2.57 Trillion | 4.51% | 1.58x | $6.68 Million |
| Makmur Berkah Amanda Pt (AMAN) | $709.54 Billion | 7.78% | 0.53x | $8.15 Million |
| Agung Podomoro Land Tbk (APLN) | $6.35 Trillion | 12.79% | 1.39x | $21.65 Million |
| Alam Sutera Realty Tbk (ASRI) | $2.79 Trillion | 21.63% | 1.16x | $78.83 Million |
| Bekasi Asri Pemula Tbk (BAPA) | $128.84 Billion | -2.88% | 0.05x | $1.06 Million |
| Bhakti Agung Propertindo (BAPI) | $428.73 Billion | -0.57% | 0.46x | $2.99 Million |
| Bumi Citra Permai Tbk (BCIP) | $73.69 Billion | 2.96% | 0.68x | $3.82 Million |
| Binakarya Jaya Abadi Tbk PT (BIKA) | $695.65 Billion | -3.52% | 2.41x | $556.90K |
| Sentul City Tbk (BKSL) | $4.59 Trillion | 2.95% | 0.15x | $112.63 Million |
| Wulandari Bangun Laksana (BSBK) | $1.65 Trillion | 0.24% | 0.53x | $13.48 Million |