Solusi Sinergi Digital Tbk PT
PT Solusi Sinergi Digital Tbk engages in the advertising businesses in Indonesia. It provides connectivity solutions, such as Dark fibre and bandwidth; and colocation data center, content delivery network, and tower fiberization services. The company also offers development technology ecosystems, including mobile applications, such as KAI access and DAMRI for ticketing services, Adakita, and Soba… Read more
Solusi Sinergi Digital Tbk PT (WIFI) - Net Assets
Latest net assets as of September 2025: Rp8.19 Trillion IDR
Based on the latest financial reports, Solusi Sinergi Digital Tbk PT (WIFI) has net assets worth Rp8.19 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 (Rp12.54 Trillion) and total liabilities (Rp4.35 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 | Rp8.19 Trillion |
| % of Total Assets | 65.28% |
| Annual Growth Rate | 157.08% |
| 5-Year Change | 134.7% |
| 10-Year Change | N/A |
| Growth Volatility | 779.8 |
Solusi Sinergi Digital Tbk PT - Net Assets Trend (2017–2024)
This chart illustrates how Solusi Sinergi Digital Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Solusi Sinergi Digital Tbk PT (2017–2024)
The table below shows the annual net assets of Solusi Sinergi Digital Tbk PT from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp969.84 Billion | +30.59% |
| 2023-12-31 | Rp742.65 Billion | +21.20% |
| 2022-12-31 | Rp612.73 Billion | +18.76% |
| 2021-12-31 | Rp515.96 Billion | +24.86% |
| 2020-12-31 | Rp413.22 Billion | +1168.52% |
| 2019-12-31 | Rp32.58 Billion | +11.72% |
| 2018-12-31 | Rp29.16 Billion | +2132.64% |
| 2017-12-31 | Rp1.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solusi Sinergi Digital Tbk PT'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 40486958381500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp402.30 Billion | 41.49% |
| Common Stock | Rp235.94 Billion | 24.33% |
| Other Comprehensive Income | Rp2.91 Billion | 0.30% |
| Other Components | Rp328.52 Billion | 33.88% |
| Total Equity | Rp969.66 Billion | 100.00% |
Solusi Sinergi Digital Tbk PT Competitors by Market Cap
The table below lists competitors of Solusi Sinergi Digital Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Yongguan Adhesive Products Corp Ltd
SHG:603681
|
$274.27 Million |
|
Ningbo Fuda Co Ltd
SHG:600724
|
$274.28 Million |
|
Wuhan LinControl Automotive Electronics Co. Ltd. A
SHG:688667
|
$274.29 Million |
|
Equinox India Developments Ltd
NSE:IBREALEST
|
$274.34 Million |
|
GRAINTURK Holding A.S.
IS:GRTHO
|
$274.17 Million |
|
Mastek Limited
NSE:MASTEK
|
$274.12 Million |
|
Hangzhou Greenda Electronic Materials Co Ltd
SHG:603931
|
$274.10 Million |
|
Hangzhou Electn Soul Network
SHG:603258
|
$273.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solusi Sinergi Digital Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 740,562,076,061 to 969,661,911,000, a change of 229,099,834,939 (30.9%).
- Net income of 231,186,780,000 contributed positively to equity growth.
- Dividend payments of 2,500,916,000 reduced retained earnings.
- Other comprehensive income decreased equity by 71,783,331,968.
- Other factors increased equity by 72,197,302,907.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp231.19 Billion | +23.84% |
| Dividends Paid | Rp2.50 Billion | -0.26% |
| Other Comprehensive Income | Rp-71.78 Billion | -7.4% |
| Other Changes | Rp72.20 Billion | +7.45% |
| Total Change | Rp- | 30.94% |
Book Value vs Market Value Analysis
This analysis compares Solusi Sinergi Digital Tbk PT'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: 5.11x
- 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 3696.31x to 5.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Rp0.57 | Rp2100.00 | x |
| 2018-12-31 | Rp12.68 | Rp2100.00 | x |
| 2019-12-31 | Rp13.90 | Rp2100.00 | x |
| 2020-12-31 | Rp212.42 | Rp2100.00 | x |
| 2021-12-31 | Rp261.46 | Rp2100.00 | x |
| 2022-12-31 | Rp295.21 | Rp2100.00 | x |
| 2023-12-31 | Rp328.36 | Rp2100.00 | x |
| 2024-12-31 | Rp410.99 | Rp2100.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solusi Sinergi Digital Tbk PT 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): 23.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.41%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 3.00x
- Recent ROE (23.84%) is above the historical average (22.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 27.74% | 7.83% | 0.39x | 9.07x | Rp231.75 Million |
| 2018 | 95.47% | 562.31% | 0.02x | 8.54x | Rp24.92 Billion |
| 2019 | 8.71% | 7.60% | 0.09x | 13.12x | Rp-410.99 Million |
| 2020 | 0.53% | 4.65% | 0.09x | 1.23x | Rp-39.15 Billion |
| 2021 | 5.03% | 6.60% | 0.44x | 1.75x | Rp-25.54 Billion |
| 2022 | 9.58% | 12.68% | 0.33x | 2.31x | Rp-2.54 Billion |
| 2023 | 7.91% | 13.33% | 0.28x | 2.11x | Rp-15.51 Billion |
| 2024 | 23.84% | 34.41% | 0.23x | 3.00x | Rp134.22 Billion |
Industry Comparison
This section compares Solusi Sinergi Digital Tbk PT's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $305,378,102,127
- Average return on equity (ROE) among peers: 18.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solusi Sinergi Digital Tbk PT (WIFI) | Rp8.19 Trillion | 27.74% | 0.53x | $274.20 Million |
| Dunia Virtual Online Tbk Pt (AREA) | $5.25 Billion | 81.76% | 0.70x | $10.22 Million |
| Anabatic Technologies Tbk PT (ATIC) | $206.47 Billion | 15.88% | 4.57x | $8.54 Million |
| DCI Indonesia Tbk PT (DCII) | $414.73 Billion | 11.49% | 0.63x | $6.58 Billion |
| Indointernet Tbk PT (EDGE) | $141.46 Billion | 31.71% | 0.74x | $46.99 Million |
| PT Data Sinergitama Jaya Tbk (ELIT) | $54.70 Billion | 17.76% | 1.19x | $6.82 Million |
| Envy Technologies Indonesia Tbk PT (ENVY) | $-485.30 Million | 0.00% | 0.00x | $5.50 Million |
| PT Informasi Teknologi Indones (JATI) | $161.04 Billion | 1.66% | 0.96x | $4.29 Million |
| Multipolar Technology Tbk (MLPT) | $79.68 Billion | 0.00% | 3.77x | $333.67 Million |
| Mastersystem Infotama Tbk. (MSTI) | $1.95 Trillion | 23.02% | 0.58x | $38.06 Million |
| PT Techno9 Indonesia Tbk (NINE) | $45.58 Billion | 3.96% | 0.11x | $9.26 Million |