Tri Banyan Tirta Tbk
PT Tri Banyan Tirta Tbk manufacture and sells bottled mineral water under the Alto and Total brand names in Indonesia. The company also sells alkaline water products under the Total 8- + brand name. The company serves plastic packaging, food, beverages, and canning/bottling, soft drink, and drinking and mineral water industries. PT Tri Banyan Tirta Tbk was incorporated in 1997 and is headquartere… Read more
Tri Banyan Tirta Tbk (ALTO) - Net Assets
Latest net assets as of September 2024: Rp298.24 Billion IDR
Based on the latest financial reports, Tri Banyan Tirta Tbk (ALTO) has net assets worth Rp298.24 Billion IDR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp940.12 Billion) and total liabilities (Rp641.88 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 | Rp298.24 Billion |
| % of Total Assets | 31.72% |
| Annual Growth Rate | 17.01% |
| 5-Year Change | -14.96% |
| 10-Year Change | -39.04% |
| Growth Volatility | 60.83 |
Tri Banyan Tirta Tbk - Net Assets Trend (2009–2023)
This chart illustrates how Tri Banyan Tirta Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tri Banyan Tirta Tbk (2009–2023)
The table below shows the annual net assets of Tri Banyan Tirta Tbk from 2009 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Rp323.77 Billion | -7.21% |
| 2022-12-31 | Rp348.92 Billion | -4.10% |
| 2021-12-31 | Rp363.84 Billion | -2.43% |
| 2020-12-31 | Rp372.88 Billion | -2.06% |
| 2019-12-31 | Rp380.73 Billion | -1.65% |
| 2018-12-31 | Rp387.13 Billion | -7.67% |
| 2017-12-31 | Rp419.28 Billion | -12.80% |
| 2016-12-31 | Rp480.84 Billion | -5.15% |
| 2015-12-31 | Rp506.97 Billion | -4.55% |
| 2014-12-31 | Rp531.14 Billion | -2.06% |
| 2013-12-31 | Rp542.33 Billion | +60.44% |
| 2012-12-31 | Rp338.02 Billion | +200.98% |
| 2011-12-31 | Rp112.31 Billion | +37.86% |
| 2010-12-31 | Rp81.46 Billion | +126.84% |
| 2009-12-31 | Rp35.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tri Banyan Tirta 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 decreased by 20902482059300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp219.19 Billion | 68.01% |
| Other Comprehensive Income | Rp5.18 Billion | 1.61% |
| Other Components | Rp306.96 Billion | 95.24% |
| Total Equity | Rp322.30 Billion | 100.00% |
Tri Banyan Tirta Tbk Competitors by Market Cap
The table below lists competitors of Tri Banyan Tirta Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wang-Zheng Bhd
KLSE:7203
|
$1.09 Million |
|
VHAI
BATS:VHAI
|
$1.09 Million |
|
Maris-Tech Ltd. Warrants
NASDAQ:MTEKW
|
$1.09 Million |
|
Kabelindo Murni Tbk
JK:KBLM
|
$1.09 Million |
|
DOLLAR GENERAL (7DG.SG)
STU:7DG
|
$1.09 Million |
|
Jaya Swarasa Agung PT
JK:TAYS
|
$1.09 Million |
|
RKVTF
PINK:RKVTF
|
$1.09 Million |
|
NEXANS - Dusseldorf Stock Exchang
DU:NXS
|
$1.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tri Banyan Tirta Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 347,375,699,854 to 322,302,717,292, a change of -25,072,982,562 (-7.2%).
- Net loss of 25,838,085,149 reduced equity.
- Other comprehensive income decreased equity by 234,897,413.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-25.84 Billion | -8.02% |
| Other Comprehensive Income | Rp-234.90 Million | -0.07% |
| Other Changes | Rp1.00 Billion | +0.31% |
| Total Change | Rp- | -7.22% |
Book Value vs Market Value Analysis
This analysis compares Tri Banyan Tirta 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: 0.12x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp197.37 | Rp18.00 | x |
| 2013-12-31 | Rp336.56 | Rp18.00 | x |
| 2014-12-31 | Rp241.83 | Rp18.00 | x |
| 2015-12-31 | Rp230.79 | Rp18.00 | x |
| 2016-12-31 | Rp218.87 | Rp18.00 | x |
| 2017-12-31 | Rp190.59 | Rp18.00 | x |
| 2018-12-31 | Rp175.97 | Rp18.00 | x |
| 2019-12-31 | Rp172.94 | Rp18.00 | x |
| 2020-12-31 | Rp169.37 | Rp18.00 | x |
| 2021-12-31 | Rp165.26 | Rp18.00 | x |
| 2022-12-31 | Rp158.48 | Rp18.00 | x |
| 2023-12-31 | Rp147.04 | Rp18.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tri Banyan Tirta 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): -8.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.01%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 3.05x
- Recent ROE (-8.02%) is below the historical average (-4.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4.82% | 3.25% | 0.56x | 2.66x | Rp-17.39 Billion |
| 2013 | 2.23% | 2.47% | 0.32x | 2.78x | Rp-41.94 Billion |
| 2014 | -1.85% | -2.95% | 0.27x | 2.34x | Rp-62.67 Billion |
| 2015 | -4.82% | -8.05% | 0.26x | 2.34x | Rp-74.77 Billion |
| 2016 | -5.52% | -8.92% | 0.25x | 2.43x | Rp-74.29 Billion |
| 2017 | -14.95% | -23.81% | 0.24x | 2.66x | Rp-104.16 Billion |
| 2018 | -8.53% | -11.32% | 0.26x | 2.88x | Rp-71.42 Billion |
| 2019 | -1.94% | -2.14% | 0.31x | 2.91x | Rp-45.27 Billion |
| 2020 | -2.82% | -3.26% | 0.29x | 2.98x | Rp-47.60 Billion |
| 2021 | -2.46% | -2.43% | 0.34x | 3.01x | Rp-45.12 Billion |
| 2022 | -4.62% | -3.92% | 0.40x | 2.95x | Rp-50.79 Billion |
| 2023 | -8.02% | -9.01% | 0.29x | 3.05x | Rp-58.07 Billion |
Industry Comparison
This section compares Tri Banyan Tirta Tbk's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $1,796,272,472,406
- Average return on equity (ROE) among peers: 18.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tri Banyan Tirta Tbk (ALTO) | Rp298.24 Billion | 4.82% | 2.15x | $1.09 Million |
| Akasha Wira International Tbk (ADES) | $68.22 Billion | 23.92% | 1.61x | $47.48 Million |
| Sariguna Primatirta PT (CLEO) | $1.00 Trillion | 18.04% | 0.35x | $128.95 Million |
| PT Graha Prima Mentari Tbk (GRPM) | $70.58 Billion | 6.30% | 0.04x | $5.36 Million |
| Kino Indonesia Tbk PT (KINO) | $2.70 Trillion | 19.26% | 0.74x | $10.51 Million |
| Ultra Jaya Milk Industry Tbk (ULTJ) | $5.14 Trillion | 24.75% | 0.44x | $181.67 Million |