Asiaplast Industries Tbk (APLI) - Net Assets
Based on the latest financial reports, Asiaplast Industries Tbk (APLI) has net assets worth Rp342.83 Billion IDR (≈ $20.09 Million USD) 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 ≈ $27.58 Million USD) and total liabilities (Rp127.79 Billion ≈ $7.49 Million USD). 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. Check APLI goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. See APLI days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see Asiaplast Industries Tbk stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp343.56 Billion ≈ $20.13 Million |
+2.91% |
| 2023-12-31 | Rp333.85 Billion ≈ $19.56 Million |
+19.68% |
| 2022-12-31 | Rp278.95 Billion ≈ $16.35 Million |
+20.74% |
| 2021-12-31 | Rp231.03 Billion ≈ $13.54 Million |
+12.16% |
| 2020-12-31 | Rp205.99 Billion ≈ $12.07 Million |
-3.17% |
| 2019-12-31 | Rp212.74 Billion ≈ $12.47 Million |
+4.19% |
| 2018-12-31 | Rp204.18 Billion ≈ $11.96 Million |
-10.12% |
| 2017-12-31 | Rp227.18 Billion ≈ $13.31 Million |
-14.51% |
| 2016-12-31 | Rp265.74 Billion ≈ $15.57 Million |
+19.94% |
| 2015-12-31 | Rp221.56 Billion ≈ $12.98 Million |
-1.34% |
| 2014-12-31 | Rp224.57 Billion ≈ $13.16 Million |
+3.15% |
| 2013-12-31 | Rp217.72 Billion ≈ $12.76 Million |
-0.42% |
| 2012-12-31 | Rp218.64 Billion ≈ $12.81 Million |
-1.24% |
| 2011-12-31 | Rp221.38 Billion ≈ $12.97 Million |
-3.52% |
| 2010-12-31 | Rp229.46 Billion ≈ $13.45 Million |
+47.44% |
| 2009-12-31 | Rp155.63 Billion ≈ $9.12 Million |
+24.02% |
| 2008-12-31 | Rp125.48 Billion ≈ $7.35 Million |
-3.70% |
| 2007-12-31 | Rp130.30 Billion ≈ $7.64 Million |
-3.40% |
| 2006-12-31 | Rp134.89 Billion ≈ $7.90 Million |
+0.05% |
| 2005-12-31 | Rp134.82 Billion ≈ $7.90 Million |
-3.12% |
| 2004-12-31 | Rp139.17 Billion ≈ $8.15 Million |
-5.06% |
| 2003-12-31 | Rp146.58 Billion ≈ $8.59 Million |
+0.19% |
| 2002-12-31 | Rp146.31 Billion ≈ $8.57 Million |
-7.42% |
| 2001-12-31 | Rp158.04 Billion ≈ $9.26 Million |
+3.24% |
| 2000-12-31 | Rp153.08 Billion ≈ $8.97 Million |
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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 |
|---|---|
|
Shreyans Industries Limited
NSE:SHREYANIND
|
$20.61 Million |
|
VACCITECH (SP.ADR)/1
F:2AB
|
$20.62 Million |
|
Oxford Instruments PLC
LSE:OXIG
|
$20.62 Million |
|
Kyobo 3 SPAC
KQ:208710
|
$20.63 Million |
|
ERSU Meyve ve Gida Sanayi AS
IS:ERSU
|
$20.59 Million |
|
Orbital Corporation Ltd
AU:OEC
|
$20.59 Million |
|
Korporacja KGL S.A.
WAR:KGL
|
$20.58 Million |
|
Initiator Pharma A/S
ST:INIT
|
$20.55 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: 1.02x
- 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 1.76x to 1.02x 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 | Rp258.00 | x |
| 2013-12-31 | Rp148.06 | Rp258.00 | x |
| 2014-12-31 | Rp156.71 | Rp258.00 | x |
| 2015-12-31 | Rp161.31 | Rp258.00 | x |
| 2016-12-31 | Rp194.98 | Rp258.00 | x |
| 2017-12-31 | Rp166.71 | Rp258.00 | x |
| 2018-12-31 | Rp149.87 | Rp258.00 | x |
| 2019-12-31 | Rp156.17 | Rp258.00 | x |
| 2020-12-31 | Rp151.23 | Rp258.00 | x |
| 2021-12-31 | Rp169.61 | Rp258.00 | x |
| 2022-12-31 | Rp204.78 | Rp258.00 | x |
| 2023-12-31 | Rp245.08 | Rp258.00 | x |
| 2024-12-31 | Rp252.22 | Rp258.00 | 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: $572,563,205,908
- Average return on equity (ROE) among peers: 4.23%
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 | $20.60 Million |
| Argha Karya Prima Ind Tbk (AKPI) | $702.07 Billion | 8.86% | 0.88x | $17.51 Million |
| Berlina Tbk (BRNA) | $813.39 Billion | -21.20% | 1.42x | $33.28 Million |
| Megalestari Epack Sentosaraya Pt (EPAC) | $44.05 Billion | 2.33% | 4.33x | $13.16 Million |
| Sinergi Inti Plastindo (ESIP) | $11.40 Billion | 2.42% | 2.06x | $8.72 Million |
| Champion Pacific Indonesia Tbk (IGAR) | $263.45 Billion | 12.37% | 0.33x | $21.96 Million |
| Indopoly Swakarsa Industry Tbk (IPOL) | $175.89 Million | 4.48% | 0.59x | $40.78 Million |
| Kedawung Setia Industrial Tbk (KDSI) | $255.54 Billion | 6.61% | 1.18x | $42.34 Million |
| Panca Budi Idaman Tbk PT (PBID) | $2.63 Trillion | 14.22% | 0.22x | $211.82 Million |
| PT Primadaya Plastisindo Tbk (PDPP) | $432.47 Billion | 7.99% | 0.39x | $47.72 Million |
About 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