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PT Bank SMBC Indonesia Tbk (ISX:BTPN) Asset Turnover : 0.02 (As of Mar. 2025)


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What is PT Bank SMBC Indonesia Tbk Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Bank SMBC Indonesia Tbk's Revenue for the three months ended in Mar. 2025 was Rp4,530,138 Mil. PT Bank SMBC Indonesia Tbk's Total Assets for the quarter that ended in Mar. 2025 was Rp240,606,647 Mil. Therefore, PT Bank SMBC Indonesia Tbk's Asset Turnover for the quarter that ended in Mar. 2025 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Bank SMBC Indonesia Tbk's annualized ROE % for the quarter that ended in Mar. 2025 was 4.24%. It is also linked to ROA % through Du Pont Formula. PT Bank SMBC Indonesia Tbk's annualized ROA % for the quarter that ended in Mar. 2025 was 0.85%.


PT Bank SMBC Indonesia Tbk Asset Turnover Historical Data

The historical data trend for PT Bank SMBC Indonesia Tbk's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PT Bank SMBC Indonesia Tbk Asset Turnover Chart

PT Bank SMBC Indonesia Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.07 0.07 0.07 0.08

PT Bank SMBC Indonesia Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of PT Bank SMBC Indonesia Tbk's Asset Turnover

For the Banks - Regional subindustry, PT Bank SMBC Indonesia Tbk's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Bank SMBC Indonesia Tbk's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank SMBC Indonesia Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Bank SMBC Indonesia Tbk's Asset Turnover falls into.


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PT Bank SMBC Indonesia Tbk Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

PT Bank SMBC Indonesia Tbk's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=17194339/( (201448392+241096427)/ 2 )
=17194339/221272409.5
=0.08

PT Bank SMBC Indonesia Tbk's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=4530138/( (241096427+240116866)/ 2 )
=4530138/240606646.5
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


PT Bank SMBC Indonesia Tbk  (ISX:BTPN) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

PT Bank SMBC Indonesia Tbk's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=2038328/48036948.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2038328 / 18120552)*(18120552 / 240606646.5)*(240606646.5/ 48036948.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.25 %*0.0753*5.0088
=ROA %*Equity Multiplier
=0.85 %*5.0088
=4.24 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

PT Bank SMBC Indonesia Tbk's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=2038328/240606646.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2038328 / 18120552)*(18120552 / 240606646.5)
=Net Margin %*Asset Turnover
=11.25 %*0.0753
=0.85 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


PT Bank SMBC Indonesia Tbk Asset Turnover Related Terms

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PT Bank SMBC Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Dr. Ide Anak Agung Gde Agung, Menara BTPN, CBD Mega Kuningan, Kavling 5.5 - 5.6, Jakarta Selatan, Jakarta, IDN, 12950
PT Bank SMBC Indonesia Tbk is a foreign exchange bank. It offers products and services such as green financing, products and services for retired customers, for micro, small, and medium enterprise customers, for large national, multinational, and Japanese corporations, wealth management services through Sinaya, as well as digital banking services for digital-savvy communities through Jenius.

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