Asiaplast Industries Tbk
PT Asiaplast Industries Tbk manufactures and sells plastic sheets in Indonesia. It operates through two segments: Plastic and Electronics. The company offers flexible films and sheets for office equipment, overlay furniture and home appliances, promotion media, raincoats, and packaging products applications; leatherette used in fashion products, automotive interior, furniture, and tents applicati… Read more
Asiaplast Industries Tbk (APLI) - Net Assets
Latest net assets as of September 2025: Rp342.83 Billion IDR
Based on the latest financial reports, Asiaplast Industries Tbk (APLI) has net assets worth Rp342.83 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 (Rp470.62 Billion) and total liabilities (Rp127.79 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 | Rp342.83 Billion |
| % of Total Assets | 72.85% |
| Annual Growth Rate | 3.43% |
| 5-Year Change | 66.79% |
| 10-Year Change | 55.06% |
| Growth Volatility | 13.34 |
Asiaplast Industries Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Asiaplast Industries 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 Asiaplast Industries Tbk (2000–2024)
The table below shows the annual net assets of Asiaplast Industries Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp343.56 Billion | +2.91% |
| 2023-12-31 | Rp333.85 Billion | +19.68% |
| 2022-12-31 | Rp278.95 Billion | +20.74% |
| 2021-12-31 | Rp231.03 Billion | +12.16% |
| 2020-12-31 | Rp205.99 Billion | -3.17% |
| 2019-12-31 | Rp212.74 Billion | +4.19% |
| 2018-12-31 | Rp204.18 Billion | -10.12% |
| 2017-12-31 | Rp227.18 Billion | -14.51% |
| 2016-12-31 | Rp265.74 Billion | +19.94% |
| 2015-12-31 | Rp221.56 Billion | -1.34% |
| 2014-12-31 | Rp224.57 Billion | +3.15% |
| 2013-12-31 | Rp217.72 Billion | -0.42% |
| 2012-12-31 | Rp218.64 Billion | -1.24% |
| 2011-12-31 | Rp221.38 Billion | -3.52% |
| 2010-12-31 | Rp229.46 Billion | +47.44% |
| 2009-12-31 | Rp155.63 Billion | +24.02% |
| 2008-12-31 | Rp125.48 Billion | -3.70% |
| 2007-12-31 | Rp130.30 Billion | -3.40% |
| 2006-12-31 | Rp134.89 Billion | +0.05% |
| 2005-12-31 | Rp134.82 Billion | -3.12% |
| 2004-12-31 | Rp139.17 Billion | -5.06% |
| 2003-12-31 | Rp146.58 Billion | +0.19% |
| 2002-12-31 | Rp146.31 Billion | -7.42% |
| 2001-12-31 | Rp158.04 Billion | +3.24% |
| 2000-12-31 | Rp153.08 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asiaplast Industries 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 grown by 930.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp192.79 Billion | 56.10% |
| Common Stock | Rp136.27 Billion | 39.65% |
| Other Comprehensive Income | Rp23.03 Billion | 6.70% |
| Total Equity | Rp343.69 Billion | 100.00% |
Asiaplast Industries Tbk Competitors by Market Cap
The table below lists competitors of Asiaplast Industries Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Affimed NV
NASDAQ:AFMD
|
$2.81 Million |
|
Reliv International Inc
PINK:RELV
|
$2.81 Million |
|
Vivesto AB
ST:VIVE
|
$2.81 Million |
|
MOTHER
BK:MOTHER
|
$2.81 Million |
|
Brite Tech Bhd
KLSE:0011
|
$2.81 Million |
|
Surefire Resources NL
AU:SRN
|
$2.81 Million |
|
Pipe Works L. Girakian Profil S.A.
AT:PROFK
|
$2.80 Million |
|
Games Operators SA
WAR:GOP
|
$2.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asiaplast Industries Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 333,959,719,337 to 343,686,824,000, a change of 9,727,104,663 (2.9%).
- Net income of 16,970,253,000 contributed positively to equity growth.
- Dividend payments of 7,494,693,000 reduced retained earnings.
- Other comprehensive income increased equity by 351,543,684.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp16.97 Billion | +4.94% |
| Dividends Paid | Rp7.49 Billion | -2.18% |
| Other Comprehensive Income | Rp351.54 Million | +0.1% |
| Other Changes | Rp-100.00 Million | -0.03% |
| Total Change | Rp- | 2.91% |
Book Value vs Market Value Analysis
This analysis compares Asiaplast Industries 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: 1.05x
- 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 1.80x to 1.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp146.35 | Rp264.00 | x |
| 2013-12-31 | Rp148.06 | Rp264.00 | x |
| 2014-12-31 | Rp156.71 | Rp264.00 | x |
| 2015-12-31 | Rp161.31 | Rp264.00 | x |
| 2016-12-31 | Rp194.98 | Rp264.00 | x |
| 2017-12-31 | Rp166.71 | Rp264.00 | x |
| 2018-12-31 | Rp149.87 | Rp264.00 | x |
| 2019-12-31 | Rp156.17 | Rp264.00 | x |
| 2020-12-31 | Rp151.23 | Rp264.00 | x |
| 2021-12-31 | Rp169.61 | Rp264.00 | x |
| 2022-12-31 | Rp204.78 | Rp264.00 | x |
| 2023-12-31 | Rp245.08 | Rp264.00 | x |
| 2024-12-31 | Rp252.22 | Rp264.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asiaplast Industries 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): 4.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.25%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.35x
- Recent ROE (4.94%) is above the historical average (4.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.60% | 3.95% | 0.63x | 1.44x | Rp-9.79 Billion |
| 2003 | 0.19% | 0.16% | 0.58x | 2.00x | Rp-14.38 Billion |
| 2006 | 0.05% | 0.04% | 0.60x | 1.98x | Rp-13.42 Billion |
| 2009 | 19.37% | 10.59% | 0.94x | 1.94x | Rp14.58 Billion |
| 2010 | 10.75% | 8.69% | 0.85x | 1.46x | Rp1.71 Billion |
| 2011 | 9.90% | 7.11% | 0.93x | 1.51x | Rp-215.52 Million |
| 2012 | 1.92% | 1.22% | 1.03x | 1.53x | Rp-17.66 Billion |
| 2013 | 0.86% | 0.67% | 0.93x | 1.39x | Rp-19.89 Billion |
| 2014 | 4.32% | 3.30% | 1.08x | 1.22x | Rp-12.77 Billion |
| 2015 | 0.84% | 0.71% | 0.84x | 1.39x | Rp-20.30 Billion |
| 2016 | 4.86% | 3.72% | 0.91x | 1.44x | Rp-13.66 Billion |
| 2017 | -0.59% | -0.35% | 0.96x | 1.76x | Rp-24.05 Billion |
| 2018 | -11.48% | -5.35% | 0.87x | 2.46x | Rp-43.87 Billion |
| 2019 | 4.52% | 2.20% | 1.04x | 1.97x | Rp-11.66 Billion |
| 2020 | -3.11% | -1.97% | 0.80x | 1.97x | Rp-27.02 Billion |
| 2021 | 10.05% | 5.52% | 0.98x | 1.87x | Rp120.82 Million |
| 2022 | 16.70% | 8.85% | 1.12x | 1.68x | Rp18.70 Billion |
| 2023 | 15.10% | 10.75% | 0.96x | 1.47x | Rp17.02 Billion |
| 2024 | 4.94% | 4.25% | 0.86x | 1.35x | Rp-17.40 Billion |
Industry Comparison
This section compares Asiaplast Industries Tbk's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $554,224,159,955
- Average return on equity (ROE) among peers: 4.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asiaplast Industries Tbk (APLI) | Rp342.83 Billion | 3.60% | 0.37x | $2.81 Million |
| Argha Karya Prima Ind Tbk (AKPI) | $1.11 Trillion | 2.50% | 1.60x | $3.21 Million |
| Berlina Tbk (BRNA) | $358.07 Billion | 14.77% | 2.73x | $12.41 Million |
| Megalestari Epack Sentosaraya Pt (EPAC) | $181.26 Billion | 1.32% | 1.05x | $2.02 Million |
| Sinergi Inti Plastindo (ESIP) | $97.22 Billion | 0.90% | 0.04x | $1.55 Million |
| Champion Pacific Indonesia Tbk (IGAR) | $116.57 Billion | 6.89% | 1.15x | $3.09 Million |
| Indopoly Swakarsa Industry Tbk (IPOL) | $177.03 Million | 0.60% | 1.10x | $6.24 Million |
| Kedawung Setia Industrial Tbk (KDSI) | $127.25 Billion | 0.00% | 2.23x | $4.38 Million |
| PT Abadi Nusantara Hijau Investama Tbk (PACK) | $54.73 Billion | 4.18% | 0.41x | $5.49 Million |
| Panca Budi Idaman Tbk PT (PBID) | $2.95 Trillion | 13.60% | 0.18x | $31.84 Million |