Sime Darby Plantation Berhad
SD Guthrie Berhad operates as an integrated plantations company in Malaysia and internationally. It is involved in the development, cultivation, and management of oil palm, rubber, coconut, and sugarcane plantation estates; milling of fresh fruit bunches into crude palm oil and palm kernel; cattle rearing and beef production; and crushing of palm kernel to crude palm kernel oil and palm kernel ex… Read more
Sime Darby Plantation Berhad (SDPNF) - Net Assets
Latest net assets as of June 2025: $20.77 Billion USD
Based on the latest financial reports, Sime Darby Plantation Berhad (SDPNF) has net assets worth $20.77 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.22 Billion) and total liabilities ($11.45 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 | $20.77 Billion |
| % of Total Assets | 64.45% |
| Annual Growth Rate | 33.89% |
| 5-Year Change | 30.06% |
| 10-Year Change | 110.61% |
| Growth Volatility | 231.36 |
Sime Darby Plantation Berhad - Net Assets Trend (2014–2024)
This chart illustrates how Sime Darby Plantation Berhad's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sime Darby Plantation Berhad (2014–2024)
The table below shows the annual net assets of Sime Darby Plantation Berhad from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.16 Billion | +3.70% |
| 2023-12-31 | $20.41 Billion | +7.31% |
| 2022-12-31 | $19.02 Billion | +6.48% |
| 2021-12-31 | $17.86 Billion | +9.77% |
| 2020-12-31 | $16.27 Billion | +2.58% |
| 2019-12-31 | $15.86 Billion | +0.73% |
| 2018-12-31 | $15.75 Billion | -3.48% |
| 2017-12-31 | $16.31 Billion | +7.87% |
| 2016-12-31 | $15.12 Billion | +50.52% |
| 2015-12-31 | $10.05 Billion | +779.25% |
| 2014-12-31 | $1.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sime Darby Plantation Berhad'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 1636.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.24 Billion | 78.39% |
| Other Components | $4.48 Billion | 21.61% |
| Total Equity | $20.72 Billion | 100.00% |
Sime Darby Plantation Berhad Competitors by Market Cap
The table below lists competitors of Sime Darby Plantation Berhad ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Getinge Industrier AB
PINK:GNGBY
|
$3.42 Billion |
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
$3.42 Billion |
|
Universal Scientific Industrial Shanghai Co Ltd
SHG:601231
|
$3.42 Billion |
|
FSN E-Commerce Ventures Limited
NSE:NYKAA
|
$3.43 Billion |
|
Riocan REIT
PINK:RIOCF
|
$3.42 Billion |
|
Azimut Holding SpA
LSE:0MHJ
|
$3.41 Billion |
|
Fulton Financial Corporation
NASDAQ:FULT
|
$3.41 Billion |
|
Northland Power Inc.
PINK:NPIFF
|
$3.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sime Darby Plantation Berhad's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,973,614,000 to 20,717,381,000, a change of 743,767,000 (3.7%).
- Net income of 2,288,448,000 contributed positively to equity growth.
- Dividend payments of 1,134,177,000 reduced retained earnings.
- Other factors decreased equity by 410,504,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.29 Billion | +11.05% |
| Dividends Paid | $1.13 Billion | -5.47% |
| Other Changes | $-410.50 Million | -1.98% |
| Total Change | $- | 3.72% |
Book Value vs Market Value Analysis
This analysis compares Sime Darby Plantation Berhad'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: 0.33x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.44x to 0.33x 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 | $2.25 | $1.00 | x |
| 2020-12-31 | $2.31 | $1.00 | x |
| 2021-12-31 | $2.52 | $1.00 | x |
| 2022-12-31 | $2.69 | $1.00 | x |
| 2023-12-31 | $2.89 | $1.00 | x |
| 2024-12-31 | $3.00 | $1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sime Darby Plantation Berhad 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): 11.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.54%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.55x
- Recent ROE (11.05%) is above the historical average (10.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.20% | 9.68% | 0.37x | 3.09x | $12.87 Million |
| 2015 | 10.08% | 8.10% | 0.42x | 2.96x | $7.96 Million |
| 2016 | 23.87% | 23.73% | 0.50x | 2.01x | $2.04 Billion |
| 2017 | 10.86% | 12.02% | 0.52x | 1.73x | $136.94 Million |
| 2018 | 3.17% | 3.72% | 0.46x | 1.86x | $-1.05 Billion |
| 2019 | -1.29% | -1.66% | 0.42x | 1.84x | $-1.75 Billion |
| 2020 | 8.24% | 10.02% | 0.46x | 1.78x | $-279.28 Million |
| 2021 | 13.67% | 12.75% | 0.62x | 1.74x | $639.37 Million |
| 2022 | 14.05% | 12.42% | 0.68x | 1.67x | $752.58 Million |
| 2023 | 9.93% | 10.77% | 0.58x | 1.60x | $-13.02 Million |
| 2024 | 11.05% | 11.54% | 0.62x | 1.55x | $216.71 Million |
Industry Comparison
This section compares Sime Darby Plantation Berhad's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $4,768,351,202
- Average return on equity (ROE) among peers: -224.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sime Darby Plantation Berhad (SDPNF) | $20.77 Billion | 11.20% | 0.55x | $3.42 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $18.58 Million |
| The a2 Milk Company Limited (ACOPF) | $58.64 Million | 0.02% | 0.31x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $668.89K | -63.57% | 1.39x | $90.84 |
| Alfa S.A.B. de C.V (ALFFF) | $43.29 Billion | 8.20% | 1.29x | $2.16 Billion |
| Amincor Inc (AMNCB) | $1.83 Million | -1769.92% | 18.32x | $2.21K |
| Armanino Foods New (AMNF) | $5.68 Million | 50.87% | 0.65x | $71.04K |
| Amira Nature Foods Ltd (ANFIF) | $171.84 Million | 17.43% | 1.45x | $128.79 |
| AAK AB (publ.) (ARHUF) | $3.56 Billion | 16.89% | 1.80x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $9.48K | -513.58% | 0.36x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |